JAMES AND ELIZABETH SOWELL FOUNDATION: Form 990PF, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- JAMES AND ELIZABETH SOWELL FOUNDATION (EIN 75-2641436)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-10-31
- IRS object ID
- 202533049349100323
- Schema version
- 2024v5.2
- 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 ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-10-31T11:27:34-05:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 752641436 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SELF-PREPARED | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1601 ELM STREET SUITE 3500 | AddressLine1Txt |
| City | DALLAS | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75201 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 752641436 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JAMES AND ELIZABETH SOWELL FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | JAME | BusinessNameControlTxt |
| Phone | 2148713320 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1601 ELM STREET SUITE 3500 | AddressLine1Txt |
| City | DALLAS | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75201 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JAMES E SOWELL | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 2148713320 | PhoneNum |
| Signature | 2025-10-31 | SignatureDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| PTIN | P01256967 | PTIN |
| Phone | 2148713320 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $1,568,050 | 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 | $7 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $29,154 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $29,154 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $543,132 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,312,910 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $543,132 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $572,293 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $572,286 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Taxes Rev And Expnss | $7,500 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $7,500 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $0 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,556,064 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,556,064 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,563,564 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $0 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,556,064 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$991,271 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $572,286 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $263,085 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $41,592 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $41,592 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $1,614,403 | CorporateStockBOYAmt |
| Corporate Stock EOY | $844,625 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $1,526,458 | CorporateStockEOYFMVAmt |
| Total Assets BOY | $1,877,488 | TotalAssetsBOYAmt |
| Total Assets EOY | $886,217 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $1,568,050 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $2,281,398 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $2,281,398 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | -$403,910 | RetainedEarningBOYAmt |
| Retained Earning EOY | -$1,395,181 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $1,877,488 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $886,217 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $1,877,488 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $886,217 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $1,877,488 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$991,271 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $886,217 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $886,217 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (20 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|
| SALE OF VANGUARD INDEX FDS S&P 500 ETF | 2020-06-10 | 2024-04-01 | $80,549 | $49,379 | $31,170 | $31,170 |
| SALE OF VANGUARD INDEX FDS S&P 500 ETF | 2020-06-10 | 2024-05-17 | $104,936 | $63,488 | $41,448 | $41,448 |
| SALE OF VANGUARD INDEX FDS S&P 500 ETF | 2020-06-10 | 2024-06-27 | $145,404 | $84,944 | $60,460 | $60,460 |
| SALE OF VANGUARD INDEX FDS S&P 500 ETF | 2020-06-10 | 2024-06-27 | $13,585 | $7,936 | $5,649 | $5,649 |
| SALE OF VANGUARD INDEX MID-CAP ETF | 2018-01-23 | 2024-04-01 | $12,387 | $8,139 | $4,248 | $4,248 |
| SALE OF VANGUARD INDEX MID-CAP ETF | 2020-02-27 | 2024-04-01 | $25,517 | $17,272 | $8,245 | $8,245 |
| SALE OF VANGUARD INDEX MID-CAP ETF | 2020-02-27 | 2024-05-17 | $66,492 | $44,940 | $21,552 | $21,552 |
| SALE OF VANGUARD INDEX MID-CAP ETF | 2020-02-27 | 2024-06-27 | $63,059 | $43,766 | $19,293 | $19,293 |
| SALE OF VANGUARD GROWTH ETF | 2018-01-23 | 2024-04-01 | $83,759 | $36,872 | $46,887 | $46,887 |
| SALE OF VANGUARD GROWTH ETF | 2018-01-23 | 2024-05-17 | $31,486 | $13,600 | $17,886 | $17,886 |
| SALE OF VANGUARD GROWTH ETF | 2018-01-23 | 2024-05-17 | $96,531 | $41,708 | $54,823 | $54,823 |
| SALE OF VANGUARD GROWTH ETF | 2018-01-23 | 2024-06-27 | $165,158 | $66,189 | $98,969 | $98,969 |
| SALE OF VANGUARD VALUE ETF | 2018-01-23 | 2024-04-01 | $78,279 | $53,927 | $24,352 | $24,352 |
| SALE OF VANGUARD VALUE ETF | 2018-01-23 | 2024-05-17 | $51,620 | $35,282 | $16,338 | $16,338 |
| SALE OF VANGUARD VALUE ETF | 2020-02-27 | 2024-05-17 | $29,404 | $19,658 | $9,746 | $9,746 |
| SALE OF VANGUARD VALUE ETF | 2020-02-27 | 2024-06-27 | $149,954 | $102,656 | $47,298 | $47,298 |
| SALE OF VANGUARD SMALL-CAP ETF | 2020-02-27 | 2024-04-01 | $31,881 | $21,569 | $10,312 | $10,312 |
| SALE OF VANGUARD SMALL-CAP ETF | 2020-02-27 | 2024-05-17 | $20,244 | $13,767 | $6,477 | $6,477 |
| SALE OF VANGUARD SMALL-CAP ETF | 2020-02-27 | 2024-06-27 | $6,963 | $4,895 | $2,068 | $2,068 |
| SALE OF VANGUARD SMALL-CAP ETF | 2020-06-10 | 2024-06-27 | $55,702 | $39,791 | $15,911 | $15,911 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $543,132 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $7,955 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $7,955 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $7,955 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $75 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $8,000 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $8,075 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $399 | EsPenaltyAmt |
| Tax Due | $279 | TaxDueAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | TX | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | Yes (1) | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | KELLY STEINHEBEL | IndividualWithBooksNm |
| Phone | 2148713320 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1601 ELM STREET SUITE 3500 | AddressLine1Txt |
| City | DALLAS | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75201 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| JAMES E SOWELL | ||||||||
| 1601 ELM STREET SUITE 3500 | DALLAS | TX | 75201 | PRESIDENT/DIRECTOR | 1.00 | $0 | $0 | $0 |
| ELIZABETH F SOWELL | ||||||||
| 1601 ELM STREET SUITE 3500 | DALLAS | TX | 75201 | VICE PRESIDENT/DIRECTOR | 1.00 | $0 | $0 | $0 |
| BENJAMIN A LURIE | ||||||||
| 1601 ELM STREET SUITE 3500 | DALLAS | TX | 75201 | SECRETARY/TREASURER/DIRECT | 1.00 | $0 | $0 | $0 |
| ZACHARY E SOWELL | ||||||||
| 1601 ELM STREET SUITE 3500 | DALLAS | TX | 75201 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| LARRY JAMES | ||||||||
| 1601 ELM STREET SUITE 3500 | DALLAS | TX | 75201 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $1,843,584 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $293,742 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $2,137,326 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $2,137,326 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $32,060 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $2,105,266 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $105,263 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $105,263 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $7,955 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $7,955 | TotalTaxAmt |
| Distributable Before Adj | $97,308 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $97,308 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $97,308 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,556,064 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $1,556,064 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $97,308 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $235,405 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $246,570 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $214,013 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $1,629,086 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $2,237,812 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $4,562,886 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,556,064 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $97,308 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $1,458,756 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $6,021,642 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $235,405 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $5,786,237 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $246,570 | ExcessFromYear4Amt |
| Excess From Year3 | $214,013 | ExcessFromYear3Amt |
| Excess From Year2 | $1,629,086 | ExcessFromYear2Amt |
| Excess From Year1 | $2,237,812 | ExcessFromYear1Amt |
| Excess From Current Year | $1,458,756 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | JAMES E SOWELL | ContributingManagerNm |
| Contributing Manager | ELIZABETH F SOWELL | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (6 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| CITYSQUARE | |||||||
| 511 N AKARD ST STE 302 | DALLAS | TX | 75201 | N/A | 501(C)(3) | CHARITABLE | $643,744 |
| EYE CORPS INC | |||||||
| 1601 ELM STREET SUITE 3500 | DALLAS | TX | 75201 | N/A | 501(C)(3) | CHARITABLE | $475,000 |
| TEXAS TECH FOUNDATION | |||||||
| BOX 45025 | LUBBOCK | TX | 794095025 | N/A | 501(C)(3) | CHARITABLE | $377,320 |
| THE JASON RITCHIE MEMORIAL HOCKEY SCHOLARSHIP FOUNDATION INC | |||||||
| 5426 BAY CENTER DRIVE SUITE 600 | TAMPA | FL | 33609 | N/A | 501(C)(3) | CHARITABLE | $10,000 |
| MASTERS TOURNAMENT FOUNDATION INC | |||||||
| POST OFFICE BOX 2444 | AUGUSTA | GA | 30903 | N/A | 501(C)(3) | CHARITABLE | $25,000 |
| WEST TEXAS MATADOR CLUB INC | |||||||
| 3724 HULEN ST | FORT WORTH | TX | 76107 | N/A | 501(C)(3) | CHARITABLE | $25,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,556,064 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $29,154 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $543,132 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $572,286 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $572,286 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | CITI BROKERAGE SECURITIES | StockNm |
| EOY Book Value | $844,625 | EOYBookValueAmt |
| EOYFMV | $1,526,458 | EOYFMVAmt |
Substantial Contributors Sch SubstantialContributorsSch
Substantial Contributor Detail SubstantialContributorDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JAMES E SOWELL | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1601 ELM STREET SUITE 3500 | AddressLine1Txt |
| City | DALLAS | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75201 | ZIPCd |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| CA FILING FEE | $0 | $0 | $0 |
| FEDERAL EXCISE TAX | $7,500 | $0 | $0 |
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