WEBSTER EDUCATIONAL FOUNDATION: Form 990PF, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- WEBSTER EDUCATIONAL FOUNDATION (EIN 46-5374393)
- Tax period
- 2015-01-01 to 2015-12-31
- Filed
- 2016-11-15
- IRS object ID
- 201633209349102298
- Schema version
- 2015v2.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Schedule B
- Investments Govt Obligations Sch
- Investments Land Schedule2
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2016-11-15T11:19:52-08:00 | ReturnTs |
| Tax Period End | 2015-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Axley & Rode LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1307 S 1st St | AddressLine1Txt |
| City | Lufkin | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 759014717 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2015-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 465374393 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WEBSTER EDUCATIONAL FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | WEBS | BusinessNameControlTxt |
| Phone | 9363277181 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 306 NORTH WASHINGTON | AddressLine1Txt |
| City | LIVINGSTON | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77351 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Gene Bush | PersonNm |
| Person Title | Pres/Director | PersonTitleTxt |
| Signature | 2016-11-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | J GARVEY JACKSON PC CPA | PreparerPersonNm |
| PTIN | P00049845 | PTIN |
| Phone | 9366346621 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2015 | TaxYr |
| Build TS | 2017-02-10 21:41:12Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $11,935,798 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $19,402 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $6,572 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $6,572 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $56,214 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $56,214 | DividendsNetInvstIncmAmt |
| Gross Rents Rev And Expnss | $7,986 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $7,986 | GrossRentsNetInvstIncmAmt |
| Net Rental Income Or Loss | $7,986 | NetRentalIncomeOrLossAmt |
| Net Gain Sale Ast Rev And Expnss | -$514 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,058,814 | GrossSalesPriceAmt |
| Other Income Rev And Expnss | $1,098,258 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $1,098,258 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $1,187,918 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,169,030 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $33,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $16,500 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $16,500 | CompOfcrDirTrstDsbrsChrtblAmt |
| Other Prof Fees Rev And Expnss | $26,144 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $26,144 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $46,371 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $36,748 | TaxesNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $128,423 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $127,639 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $784 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $233,938 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $207,031 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $17,284 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $467,238 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $467,238 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $701,176 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $207,031 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $484,522 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $486,742 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $961,999 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $702,844 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $629,917 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $629,917 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $3,780,861 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $4,547,406 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $4,560,109 | USGovtObligationsEOYFMVAmt |
| Invst Land Cost Or Other Basis | $4,290,250 | InvstLandCostOrOtherBasisAmt |
| Land Bldg Investments BOY | $4,574,064 | LandBldgInvestmentsBOYAmt |
| Land Bldg Investments EOY | $4,290,250 | LandBldgInvestmentsEOYAmt |
| Land Bldg Investments EOYFMV | $6,614,608 | LandBldgInvestmentsEOYFMVAmt |
| Other Assets BOY | $54,225 | OtherAssetsBOYAmt |
| Other Assets EOY | $131,164 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $131,164 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $9,111,994 | TotalAssetsBOYAmt |
| Total Assets EOY | $9,598,737 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $11,935,798 | TotalAssetsEOYFMVAmt |
| Grants Payable BOY | $38,356 | GrantsPayableBOYAmt |
| Grants Payable EOY | $121,176 | GrantsPayableEOYAmt |
| Total Liabilities BOY | $38,356 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $121,176 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | $9,111,994 | CapitalStockBOYAmt |
| Capital Stock EOY | $9,131,396 | CapitalStockEOYAmt |
| Retained Earning BOY | -$38,356 | RetainedEarningBOYAmt |
| Retained Earning EOY | $346,165 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $9,073,638 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $9,477,561 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $9,111,994 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $9,598,737 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $9,073,638 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $486,742 | ExcessRevenueOverExpensesAmt |
| Subtotal | $9,560,380 | SubtotalAmt |
| Other Decreases | $82,819 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $9,477,561 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (5 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|
| 125000 FFCB | P | 2015-01-31 | $125,000 | $125,000 | ||
| 200000 FFCB | P | 2015-10-31 | $200,000 | $200,000 | ||
| 150000 USTN | P | 2015-06-30 | $150,000 | $150,465 | -$465 | -$465 |
| 300000 FHLB | P | 2015-04-30 | $300,000 | $300,049 | -$49 | -$49 |
| TIMBER SALES | P | 2015-12-31 | $283,814 | $283,814 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$514 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $451 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $776,134 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.00058 | DistributionYr1Rt |
| Total Distribution | 0.000581 | TotalDistributionRt |
| Average Distribution | 0.000581 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $11,539,239 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $6,704 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $9,620 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $16,324 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $484,522 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | Yes (X) | DomesticOrgMeetingSect4940eInd |
| Investment Income Excise Tax | $9,620 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $9,620 | SubtotalAmt |
| Tax Based On Investment Income | $9,620 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $36,250 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $36,250 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $3 | EsPenaltyAmt |
| Overpayment | $26,627 | OverpaymentAmt |
| Applied To ES Tax | $26,627 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | false | Form990TFiledInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | TX | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SHELLY SITTON | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 9363277181 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 306 NORTH WASHINGSTON | AddressLine1Txt |
| City | LIVINGSTON | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77351 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Undistr Incm Sect4942a2 Not App | false | UndistrIncmSect4942a2NotAppInd |
| Business Holdings | false | BusinessHoldingsInd |
| Excess Business Holdings | false | ExcessBusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | false | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | false | MaintainedExpenditureRspnsInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Proceeds Or Net Income | false | ProceedsOrNetIncomeInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|---|---|---|---|
| Gene Bush | ||||||
| PO Box 1617 | Livingston | TX | 77351 | Pres/Director | 8.00 | $9,000 |
| Anthony Page | ||||||
| PO Box 500 | Corrigan | TX | 75939 | VP/Director | 10.00 | $12,000 |
| Shelly Sitton | ||||||
| PO Box 126 | Livingston | TX | 77351 | Secretary | 10.00 | $12,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $4,165,328 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $681,542 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $6,868,093 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $11,714,963 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $11,714,963 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $175,724 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $11,539,239 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $576,962 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $576,962 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $9,620 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $9,620 | TotalTaxAmt |
| Distributable Before Adj | $567,342 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $567,342 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $567,342 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $484,522 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $484,522 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $9,620 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $474,902 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $567,342 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $38,356 | UndistributedIncomePYAmt |
| Qualifying Distributions | $484,522 | QualifyingDistributionsAmt |
| Applied To Year1 | $38,356 | AppliedToYear1Amt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $446,166 | AppliedToCurrentYearAmt |
| Undistributed Income CY | $121,176 | UndistributedIncomeCYAmt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | Floyd Bush | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 306 N Washington | AddressLine1Txt |
| City | Livingston | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77351 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 9363277181 | RecipientPhoneNum |
| Form And Info And Materials | No specified form required at this time | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | none | SubmissionDeadlinesTxt |
| Restrictions On Awards | RESTRICTED TO ENTITIES THAT WILL PROMOTE, ASSIST AND FURTHER THE CULTURAL, ARTISTIC, EDUCATIONAL, LITERARY, RECREATIONAL, CHARITABLE, AND HISTORICAL ACTIVITIES, AND FACILITIES CARRIED ON OR MAINTAINED BY THE CITIES OF LIVINGSTON AND CORRIGAN, TEXAS AND POLK COUNTY, TEXAS FOR THE RESIDENTS OF SAID CITIES AND COUNTY. | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (12 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| BIG SANDY SCHOOL DISTRICT | |||||||
| RT 3 BOX 422 | LIVINGSTON | TX | 77351 | NONE | PC | Scholarships | $47,490 |
| CORRIGANCAMDEN ISD | |||||||
| HWY 287 W | CORRIGAN | TX | 75939 | NONE | PC | Scholarships | $140,000 |
| GOODRICH SCHOOL DISTRICT | |||||||
| P O BOX 789 | GOODRICH | TX | 77351 | NONE | PC | Scholarships | $26,083 |
| Leggett Ind School District | |||||||
| PO Box 69 | Leggett | TX | 77350 | None | PC | Scholarships | $19,500 |
| LIVINGSTON IND SCHOOL DIST | |||||||
| 907 W CHURCH ST | LIVINGSTON | TX | 77351 | NONE | PC | Scholarships | $198,000 |
| Onalaska ISD | |||||||
| PO Box 2289 | Onalaska | TX | 77360 | None | PC | Scholarships | $17,000 |
| Boys Girls Club | |||||||
| Hwy 109 W | Livingston | TX | 77351 | None | PC | For General Operations | $10,000 |
| Ashley Lawson Richards | |||||||
| 6607 Bliss Trail | Houston | TX | 77084 | None | N/A | Educational Scholarship | $3,000 |
| Elizabeth Lawson | |||||||
| 6607 Bliss Trail | Houston | TX | 77084 | None | N/A | Educational Scholarship | $3,000 |
| Rebeckah Lawson | |||||||
| 6607 Bliss Trail | Houston | TX | 77084 | None | N/A | Educational Scholarship | $1,000 |
| Taylor Brooke West | |||||||
| 2406 Sequine | Deer Park | TX | 77536 | None | N/A | Educational Scholarship | $750 |
| Jennifer Maria Miller | |||||||
| 147 Hooks Rd | Corrigan | TX | 75939 | None | N/A | Educational Scholarship | $1,415 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $467,238 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp (7 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| Various Direct | |||||||
| P O BOX 1617 | Livingston | TX | 77351 | None | PC | Scholarships | $1,835 |
| Big Sandy School District | |||||||
| Rt 3 Box 422 | Livingston | TX | 77351 | None | PC | Scholarships | $58,510 |
| CorriganCamden ISD | |||||||
| Hwy 287 W | Corrigan | TX | 75939 | None | PC | Scholarships | $50,000 |
| Goodrich School District | |||||||
| PO Box 789 | Goodrich | TX | 77351 | None | PC | Scholarships | $29,917 |
| Leggett Ind School District | |||||||
| PO Box 69 | Leggett | TX | 77350 | None | PC | Scholarships | $32,500 |
| Livingston Ind School District | |||||||
| 907 W Church St | Livingston | TX | 77351 | None | PC | Scholarships | $62,000 |
| Onalaska ISD | |||||||
| PO Box 2289 | Onalaska | TX | 77360 | None | PC | Scholarships | $11,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $245,762 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $6,572 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $56,214 | ExclusionAmt |
Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 16 | ExclusionCd |
| Exclusion | $7,986 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$514 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (3 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|
| Hunting Lease Income | 16 | $8,526 |
| Oil & Gas Lease Bonus | 16 | $38,779 |
| Oil & Gas Royalties | 16 | $1,050,953 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $1,168,516 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,168,516 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Bergman-Davison-Webster Charitable | BusinessNameLine1Txt |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | P O Box 1617 | AddressLine1Txt |
| City | Livingston | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77351 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $19,402 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $4,547,406 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $4,560,109 | USGovtObligationsEOYFMVAmt |
Investments Land Schedule2 InvestmentsLandSchedule2
Investment Land InvestmentLandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | Land | CategoryOrItemTxt |
| Cost Or Other Basis | $4,290,250 | CostOrOtherBasisAmt |
| Book Value | $4,290,250 | BookValueAmt |
| EOYFMV | $6,614,608 | EOYFMVAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (4 entries)
| DescDesc | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt | BOY Book ValueBOYBookValueAmt |
|---|---|---|---|
| Interest Receivable | $552 | $552 | |
| Prepaid income Tax | $26,627 | $26,627 | |
| Royalty Interests | $41,080 | $41,080 | $41,080 |
| Royalty Receivable | $62,905 | $62,905 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Increase in Grants Payable | Desc |
| Amt | $82,819 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (8 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Filing Fees | $138 | $69 | $69 |
| Insurance | $770 | $385 | $385 |
| Interest | $416 | $208 | $208 |
| Office Expense | $244 | $122 | $122 |
| Other Deductions - Royalties | $32,735 | $32,735 | |
| Planting | $11,800 | $11,800 | |
| Severance Tax - Royalties | $23,880 | $23,880 | |
| Tract Expense | $58,440 | $58,440 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| Hunting Lease Income | $8,526 | $8,526 |
| Oil & Gas Lease Bonus | $38,779 | $38,779 |
| Oil & Gas Royalties | $1,050,953 | $1,050,953 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Forestry Management | CategoryTxt |
| Amt | $26,144 | Amt |
| Net Investment Income | $26,144 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| Excise Tax | $9,623 | |
| Other Taxes | $50 | -$50 |
| Property | $36,798 | $36,798 |
Comments