THE BURNETT FOUNDATION: Form 990PF, tax year 2014
View the entire original 990 at ProPublica ↗
- Organization
- THE BURNETT FOUNDATION (EIN 75-1638517)
- Tax period
- 2014-01-01 to 2014-12-31
- Filed
- 2015-11-11
- IRS object ID
- 201513159349101031
- Schema version
- 2014v5.0
- 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
- Accounting Fees Schedule
- Depreciation Schedule
- Gain Loss Sale Other Assets Sch
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Land Etc Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
- Transfers Frm Controlled Entities
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2015-11-11T16:49:42-06:00 | ReturnTs |
| Tax Period End | 2014-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 752393478 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WHITLEY PENN LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1400 WEST 7TH STREET STE 400 | AddressLine1Txt |
| City | FT WORTH | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 76102 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2014-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 751638517 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE BURNETT FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | BURN | BusinessNameControlTxt |
| Phone | 8178773344 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 801 CHERRY STREET NO 1500 | AddressLine1Txt |
| City | FORT WORTH | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 761026881 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | NEILS AGATHER | PersonNm |
| Person Title | VP/TREASURER | PersonTitleTxt |
| Phone | 8178773344 | PhoneNum |
| Signature | 2015-11-03 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | CHRISTY CATES | PreparerPersonNm |
| PTIN | P00440503 | PTIN |
| Phone | 8172599100 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2014 | TaxYr |
| Build TS | 2016-03-07 17:11:31Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $289,111,707 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $1,236 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $1,236 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $1,673,598 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $1,673,598 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $2,894,516 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $30,306,526 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $3,008,071 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $12,782,504 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $12,665,315 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $17,351,854 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $17,348,220 | 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 |
| Oth Empl Slrs Wgs Rev And Expnss | $95,154 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $0 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $95,154 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $107,593 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $0 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $106,393 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $14,189 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $3,515 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $10,825 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $155,533 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $87,195 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $66,661 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $396,992 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $396,992 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $340,028 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $104,796 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $70 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $4,783,534 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $4,782,615 | DeprecAndDpltnNetInvstIncmAmt |
| Occupancy Rev And Expnss | $30,235 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $0 | OccupancyNetInvstIncmAmt |
| Occupancy Dsbrs Chrtbl | $29,687 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $2,440 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $2,440 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $24,304 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $14,935 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $2,185 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $5,950,002 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $5,390,048 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $313,415 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $8,673,093 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $10,744,613 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $14,623,095 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $5,390,048 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $11,058,028 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $2,728,759 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $11,958,172 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $9,639,691 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $8,383,258 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $8,383,258 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $142,285,111 | CorporateStockBOYAmt |
| Corporate Stock EOY | $139,468,152 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $139,468,152 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $111,058,330 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $115,400,853 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $140,242,603 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $8,571 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $7,652 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $1,838 | LandBOYAmt |
| Land EOY | $919 | LandEOYAmt |
| Land EOYFMV | $919 | LandEOYFMVAmt |
| Other Assets BOY | $916,775 | OtherAssetsBOYAmt |
| Other Assets EOY | $916,775 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $1,016,775 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $263,901,745 | TotalAssetsBOYAmt |
| Total Assets EOY | $264,169,957 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $289,111,707 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $20,695 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $33,292 | AccountsPayableEOYAmt |
| Grants Payable BOY | $4,540,161 | GrantsPayableBOYAmt |
| Grants Payable EOY | $2,468,641 | GrantsPayableEOYAmt |
| Other Liabilities BOY | $1,328,936 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $1,222,000 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $5,889,792 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $3,723,933 | TotalLiabilitiesEOYAmt |
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
| Unrestricted BOY | $258,011,953 | UnrestrictedBOYAmt |
| Unrestricted EOY | $260,446,024 | UnrestrictedEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $258,011,953 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $260,446,024 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $263,901,745 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $264,169,957 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $258,011,953 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $2,728,759 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $260,740,712 | SubtotalAmt |
| Other Decreases | $294,688 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $260,446,024 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (9 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | Cost Or Other BasisCostOrOtherBasisAmt |
|---|---|---|---|---|---|---|---|
| UBTI CAPITAL GAIN/LOSS | P | 2013-01-01 | 2014-12-31 | $113,555 | $113,555 | $113,555 | |
| SIX FLAGS STOCK | P | 2013-01-01 | 2014-12-31 | $779,269 | $615,238 | $615,238 | $164,031 |
| MORGAN CREEK DISLOCATION OFFSHORE FUND | P | 2013-01-01 | 2014-12-31 | $263,013 | -$228,250 | -$228,250 | $491,263 |
| ARTHA EMERGING MARKETS | P | 2013-01-01 | 2014-12-31 | $1,536,340 | -$13,660 | -$13,660 | $1,550,000 |
| SEG PARTNERS | P | 2013-01-01 | 2014-12-31 | $7,715,798 | $1,715,798 | $1,715,798 | $6,000,000 |
| AMICI FUND | P | 2013-01-01 | 2014-12-31 | $5,523,985 | $423,985 | $423,985 | $5,100,000 |
| BREVAN HOWARD MULTI STRATEGY FUND | P | 2013-01-01 | 2014-12-31 | $2,459,396 | $84,396 | $84,396 | $2,375,000 |
| SCOPIA PX INTERNATIONAL | P | 2013-01-01 | 2014-12-31 | $4,306,393 | $306,393 | $306,393 | $4,000,000 |
| PUBLICLY TRADED SECURITIES | P | 2013-01-01 | 2014-12-31 | $7,608,777 | -$9,384 | -$9,384 | $7,618,161 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $3,008,071 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $14,634,076 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $276,198,329 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.052984 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $16,372,549 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $276,855,575 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.059138 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $18,122,263 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $181,492,679 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.099851 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $10,529,697 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $162,735,336 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.064704 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $12,843,621 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $155,107,074 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.082805 | DistributionYr5Rt |
| Total Distribution | 0.359482 | TotalDistributionRt |
| Average Distribution | 0.071896 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $279,473,557 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $20,093,031 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $119,582 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $20,212,613 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $11,058,028 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $239,163 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $239,163 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $239,163 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $187,345 | EstimatedPlusOvpmtIncmTxAmt |
| Applied To Es Tax | $50,000 | AppliedToEsTaxAmt |
| Total Payments And Credits | $237,345 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $389 | EsPenaltyAmt |
| Tax Due | $2,207 | 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 | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| 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 | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | Yes (1) | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | WHITLEY PENN LLP | IndividualWithBooksNm |
| Phone | 8172599100 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1400 WEST 7TH STREET STE 400 | AddressLine1Txt |
| City | FORT WORTH | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 76102 | 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 |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| 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 |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (6 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 |
|---|---|---|---|---|---|---|---|---|
| V NEILS AGATHER | ||||||||
| 801 CHERRY STREET UNIT 9 | FORT WORTH | TX | 76102 | VICE PRESIDENT AND TREASURER | 2.00 | $0 | $0 | $0 |
| JOHN L MARION | ||||||||
| 801 CHERRY STREET UNIT 9 | FORT WORTH | TX | 76102 | VICE PRESIDENT | 1.00 | $0 | $0 | $0 |
| BENJAMIN J FORTSON | ||||||||
| 301 COMMERCE STREET SUITE 3301 | FORT WORTH | TX | 76102 | VICE PRESIDENT | 0.00 | $0 | $0 | $0 |
| EDWARD R HUDSON JR | ||||||||
| 616 TEXAS STREET | FORT WORTH | TX | 76102 | VICE PRESIDENT AND SECRETARY | 0.00 | $0 | $0 | $0 |
| ANNE W MARION | ||||||||
| 801 CHERRY STREET UNIT 9 | FORT WORTH | TX | 76102 | PRESIDENT | 1.00 | $0 | $0 | $0 |
| ANNE WINDFOHR GRIMES | ||||||||
| 3310 MAIN STREET | HOUSTON | TX | 77098 | DIRECTOR | 0.00 | $0 | $0 | $0 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | TERI PAQUETTE | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 801 CHERRY STREET SUITE 1500 | AddressLine1Txt |
| City | FORT WORTH | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 76102 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | ADMIN. ASSIST | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 40.00 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $95,154 | CompensationAmt |
| Employee Benefits | $18,319 | EmployeeBenefitsAmt |
| Expense Account | $728 | ExpenseAccountAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| CONVERGENT WEALTH ADVISORS | |||||
| 12505 PARK POTOMAC AVENUE SUITE 400 | POTOMAC | MD | 208546801 | INVESTMENT ADVISOR | $272,330 |
| WHITLEY PENN LLP | |||||
| 1400 WEST 7TH STREET SUITE 400 | FORT WORTH | TX | 76102 | ACCOUNTING | $121,830 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | THE DIRECT ACTIVITY OF THE FOUNDATION IS THE PUBLIC DISPLAY OF WORKS OF ART IN A PUBLIC PARK. | Description1Txt |
| Expenses1 | $0 | Expenses1Amt |
| Description2 | ALTHOUGH THE NUMBER OF INDIVIDUALS VIEWING THE WORKS OF ART ARE SUBSTANTIAL, NO RECORDS ARE MAINTAINED NOR CAN A REASONABLE ESTIMATE BE MADE. | Description2Txt |
| Expenses2 | $2,185 | Expenses2Amt |
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 | $63,314,731 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $7,866,796 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $212,547,973 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $283,729,500 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $283,729,500 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $4,255,943 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $279,473,557 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $13,973,678 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $13,973,678 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $239,163 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $239,163 | TotalTaxAmt |
| Distributable Before Adj | $13,734,515 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $13,734,515 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $13,734,515 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $11,058,028 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $11,058,028 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $11,058,028 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $13,734,515 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $5,118,431 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $2,631,077 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $9,129,616 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $2,753,258 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $1,014,919 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $20,647,301 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $11,058,028 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $11,058,028 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $2,676,487 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $2,676,487 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $17,970,814 | 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 | $2,441,944 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $15,528,870 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $2,631,077 | ExcessFromYear4Amt |
| Excess From Year3 | $9,129,616 | ExcessFromYear3Amt |
| Excess From Year2 | $2,753,258 | ExcessFromYear2Amt |
| Excess From Year1 | $1,014,919 | ExcessFromYear1Amt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (21 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| CHRISTIAN CONSULTING AND COUNSELLING | ||||||
| 3815 LISBON ST SUITE 202 | FORT WORTH | TX | 76107 | PUBLIC CHARITY | GENERAL SUPPORT | $7,500 |
| CITY OF FORT WORTH BURNETT PARK | ||||||
| 1000 THROCKMORTON ST | FORT WORTH | TX | 76102 | NON-CHARITY | GENERAL SUPPORT | $152,613 |
| COWBOY HERITAGE ASSOCIATION | ||||||
| 300 CHUCKWAGON TRL | AZLE | TX | 76020 | PUBLIC CHARITY | GENERAL SUPPORT | $20,000 |
| EISENHOWER MEDICAL CENTER | ||||||
| 39000 BOB HOPE DRIVE | RANCHO MIRAGE | CA | 92270 | PUBLIC CHARITY | GENERAL SUPPORT | $1,250,000 |
| FORT WORTH ART ASSOCIATION | ||||||
| 3200 DARNELL ST | FORT WORTH | TX | 76107 | PUBLIC CHARITY | GENERAL SUPPORT | $1,250,000 |
| FORT WORTH CHAMBER DEVELOPMENT FOUNDATION | ||||||
| 777 TAYLOR ST SUITE 900 | FORT WORTH | TX | 76102 | NON-CHARITY | GENERAL SUPPORT | $65,000 |
| FORT WORTH MUSEUM OF SCIENCE & HISTORY | ||||||
| 1600 GENDY ST | FORT WORTH | TX | 76107 | PUBLIC CHARITY | GENERAL SUPPORT | $525,000 |
| FORT WORTH OPERA ASSOCIATION | ||||||
| 1300 GENDY ST | FORT WORTH | TX | 76107 | PUBLIC CHARITY | GENERAL SUPPORT | $100,000 |
| FORT WORTH POLICE MOUNTED PATROL CITIZENS GROUP | ||||||
| PO BOX 150 | FORT WORTH | TX | 76101 | PUBLIC CHARITY | GENERAL SUPPORT | $1,000,000 |
| FORT WORTH SYMPHONY | ||||||
| 330 E FOURTH ST STE 200 | FORT WORTH | TX | 76102 | PUBLIC CHARITY | GENERAL SUPPORT | $150,000 |
| GEORGIA O'KEEFFE MUSEUM | ||||||
| 217 JOHNSON ST | SANTA FE | NM | 87501 | PUBLIC CHARITY | GENERAL SUPPORT | $2,627,500 |
| MAKE A WISH FOUNDATION | ||||||
| 4742 N 24TH ST SUITE 400 | PHOENIX | AZ | 85016 | PUBLIC CHARITY | GENERAL SUPPORT | $25,000 |
| NATIONAL COWGIRL MUSEUM & HALL OF FAME | ||||||
| 1720 GENDY ST | FORT WORTH | TX | 76107 | PUBLIC CHARITY | GENERAL SUPPORT | $275,000 |
| SAFE CITY COMMISSION | ||||||
| 1100 HEMPHILL ST | FORT WORTH | TX | 76104 | PUBLIC CHARITY | GENERAL SUPPORT | $300,000 |
| SANTA FE ART INSTITUTE | ||||||
| PO BOX 24044 | SANTA FE | NM | 87502 | PUBLIC CHARITY | GENERAL SUPPORT | $150,000 |
| SITE SANTA FE | ||||||
| 1606 PASEO DE PERALTA | SANTA FE | NM | 87501 | PUBLIC CHARITY | GENERAL SUPPORT | $1,300,000 |
| TEXAS CHRISTIAN UNIVERSITY | ||||||
| PO BOX 298200 | FORT WORTH | TX | 76129 | PUBLIC CHARITY | GENERAL SUPPORT | $1,000,000 |
| TEXAS A&M FOUNDATION | ||||||
| 401 GEORGE BUSH DR | COLLEGE STATION | TX | 77840 | PUBLIC CHARITY | GENERAL SUPPORT | $62,000 |
| TEXAS AND SOUTHWESTERN CATTLE RAISERS FOUNDATION | ||||||
| 1600 GENDY ST | FORT WORTH | TX | 76107 | PUBLIC CHARITY | GENERAL SUPPORT | $160,000 |
| TEXAS BALLET THEATER | ||||||
| 1540 MALL CIR | FORT WORTH | TX | 76116 | PUBLIC CHARITY | GENERAL SUPPORT | $100,000 |
| TEXAS TECH UNIVERSITY | ||||||
| PO BOX 45025 | LUBBOCK | TX | 79409 | PUBLIC CHARITY | QUAIL STUDY | $225,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $10,744,613 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp (3 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| NATIONAL COWGIRL MUSEUM & HALL OF FAME | ||||||
| 1720 GENDY ST | FORT WORTH | TX | 76107 | PUBLIC CHARITY | GENERAL SUPPORT | $275,000 |
| SANTA FE ART INSTITUTE | ||||||
| PO BOX 24044 | SANTA FE | NM | 87502 | PUBLIC CHARITY | GENERAL SUPPORT | $150,000 |
| SITE SANTA FE | ||||||
| 1606 PASEO DE PERALTA | SANTA FE | NM | 87501 | PUBLIC CHARITY | GENERAL SUPPORT | $300,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $725,000 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,236 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,673,598 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 523000 | BusinessCd |
| Unrelated Business Taxbl Incm | -$113,555 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 18 | ExclusionCd |
| Exclusion | $3,008,071 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (4 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt | BusinessBusinessCd | Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt |
|---|---|---|---|---|
| EARNINGS FROM BSF FOUNDATION | 16 | -$47,171 | ||
| OIL & GAS ROYALTIES | 15 | $7,976,066 | ||
| THROUGH PARTNERSHIP INVESTMENTS | 14 | $4,732,290 | 523000 | $117,189 |
| OTHER REVENUE | 14 | $4,130 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $3,634 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $17,348,220 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $17,351,854 | 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 | Yes (1) | SharingOfFacilitiesEtcInd |
Transfer Schedule Detail TransferScheduleDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Line Number | 1c | LineNumberTxt |
| Involved | $0 | InvolvedAmt |
Noncharitable Exempt Org Name NoncharitableExemptOrgName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BSF FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transfers Trans And Shr Arrngm | BSF FOUNDATION IS A SECTION 501(C)(2) ORGANIZATION WHICH WAS FORMED FOR THE PURPOSE OF HOLDING TITLE TO PROPERTY COLLECTING INCOME THEREFROM AND TURNING OVER THE ENTIRE AMOUNT THEREOF, LESS EXPENSES, TO THE BURNETT FOUNDATION. EMPLOYEES OF THE BURNETT FOUNDATION PERFORM CERTAIN FUNCTIONS ON BEHALF OF BSF FOUNDATION. | TransfersTransAndShrArrngmDesc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationships Nonchrtbl EO | Yes (1) | RelationshipsNonchrtblEOInd |
Relationship Schedule Detail RelationshipScheduleDetail
Organization Business Name OrganizationBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BSF FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Type | 501(C)(2) | OrganizationTypeDesc |
| Relationship Description | BSF FOUNDATION HOLDS TITLE TO AND COLLECTS INCOME FROM PROPERTY AND REMITS TO THE BURNETT FOUNDATION. | RelationshipDescriptionTxt |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING AND AUDIT FEES | CategoryTxt |
| Amt | $155,533 | Amt |
| Net Investment Income | $87,195 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $66,661 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | OFFICE FURNITURE AND FIXTURES | PropertyDesc |
| Acquired | 2011-01-14 | AcquiredDt |
| Cost Or Other Basis | $8,571 | CostOrOtherBasisAmt |
| Prior Year Depreciation | $6,733 | PriorYearDepreciationAmt |
| Computation Method | SL | ComputationMethodTxt |
| Life | 7.000000000000 | LifeRt |
| Current Year Expense | $919 | CurrentYearExpenseAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Asset | PASSTHROUGH FROM PARTNERSHIPS UBI CAPITAL GAIN/LOSSES | AssetDesc |
| Acquired | 2014-01 | AcquiredDt |
| How Acquired | PURCHASED | HowAcquiredTxt |
| Sold | 2014-12 | SoldDt |
| Basis | $113,555 | BasisAmt |
| Sales Expense | $0 | SalesExpenseAmt |
| Total Net | -$113,555 | TotalNetAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (21 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| H OFFSHORE FUND | $12,100,000 | $12,100,000 |
| MORGAN CREEK DISLOCATION OFFSHORE FUND | $0 | $0 |
| MARKETABLE SECURITIES | $76,007,555 | $76,007,555 |
| YOST OFFSHORE FUND | $3,719,883 | $3,719,883 |
| CHILTON GLOBAL NATURAL RESOURCES INT'L II, LTD. | $3,227,208 | $3,227,208 |
| SILVER POINT CAPITAL OFFSHORE FUND, LTD. | $3,764,839 | $3,764,839 |
| OZ OVERSEAS FUND II, LTD. | $3,572,275 | $3,572,275 |
| ARTHA EMERGING MARKETS FUND, LTD. | $0 | $0 |
| SEG PARTNERS OFFSHORE, LTD. | $0 | $0 |
| AMICI FUND INTERNATIONAL, LTD. | $0 | $0 |
| BLUE MOUNTAIN LONG/SHORT CREDIT FUND, LTD. | $1,886,376 | $1,886,376 |
| BREVAN HOWARD MULTI-STRATEGY FUND, LTD. | $2,530,638 | $2,530,638 |
| SCOPIA PX INTERNATIONAL, LTD. | $0 | $0 |
| JHL CAPITAL GROUP FUND, LTD. | $6,504,992 | $6,504,992 |
| LUXOR CAPITAL PARTNERS OFFSHORE, LTD. | $2,696,850 | $2,696,850 |
| FIR TREE CAPITAL OPPORTUNITY FUND II, LTD. | $1,720,329 | $1,720,329 |
| KING STREET CAPITAL, LTD | $3,131,918 | $3,131,918 |
| TAP FUND, LTD | $2,956,062 | $2,956,062 |
| CORTEX GLOBAL FUND OFFSHORE, LTD | $1,933,240 | $1,933,240 |
| VALINOR CAPITAL PARTNERS | $7,453,231 | $7,453,231 |
| GLENVIEW CAP PTRS | $6,262,756 | $6,262,756 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (15 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| PARKING LOT | AT COST | $1,039,342 | $690,000 |
| INVESTMENT IN BSF FOUNDATION | AT COST | $10,059,727 | $13,400,000 |
| CHASE PRIVATE EQUITY PARTNERS II | FMV | $2,622,997 | $2,622,997 |
| ACCRUED INTEREST & DIVIDENDS RECEIVABLE | AT COST | $2,720 | $2,720 |
| WLR RECOVERY FUND III, LP | FMV | $416,057 | $416,057 |
| OGM PARTNERS | AT COST | $2,796,403 | $4,433,476 |
| ROCKEFELLER ACCESS FUND 06-1 | FMV | $4,510,571 | $4,510,571 |
| OIL & GAS ROYALTY INTERESTS | AT COST | $64,211,744 | $84,425,490 |
| ROCKEFELLER GA INVESTORS 2006 | FMV | $9,491,758 | $9,491,758 |
| MORGAN CREEK PARTNERS III | FMV | $11,393,859 | $11,393,859 |
| DUE FROM MORGAN CREEK BRIC PLUS OFFSHORE FUND, LTD. | AT COST | $1,208,429 | $1,208,429 |
| KELLY CAPITAL PARTNERS FUND | AT COST | $526,946 | $526,946 |
| OTHER RECEIVABLES | AT COST | $1,084,810 | $1,084,810 |
| NEWPORT ASIA PARTNERS FUND, LP | FMV | $3,015,233 | $3,015,233 |
| SOMERSET EMERGING MARKETS SMALL CAP FUND, LLC | FMV | $3,020,257 | $3,020,257 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | OFFICE FURNITURE AND FIXTURES | CategoryOrItemTxt |
| Cost Or Other Basis | $8,571 | CostOrOtherBasisAmt |
| Accumulated Depreciation | $7,652 | AccumulatedDepreciationAmt |
| Book Value | $919 | BookValueAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $14,189 | LegalFeesAmt |
| Net Investment Income | $3,515 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $10,825 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (3 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| WORKS OF ART HELD FOR EXEMPT PURPOSE | $850,000 | $850,000 | $950,000 |
| CLUB MEMBERSHIPS | $41,019 | $41,019 | $41,019 |
| UBIT RECEIVABLE | $25,756 | $25,756 | $25,756 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CHANGE IN UNREALIZED GAIN/LOSS ON INVESTMENTS | Desc |
| Amt | $294,688 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| EXPENSES OF DIRECT CHARITABLE ACTIVITIES | $2,185 | $0 | $2,185 |
| LEASE OPERATING EXPENSE | $7,891 | $7,891 | $0 |
| MISCELLANEOUS EXPENSE | $7,044 | $7,044 | $0 |
| PENALTIES | $7,184 | $0 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| EARNINGS FROM BSF FOUNDATION | -$47,171 | -$47,171 | -$47,171 |
| OIL & GAS ROYALTIES | $7,976,066 | $7,976,066 | $7,976,066 |
| THROUGH PARTNERSHIP INVESTMENTS | $4,849,479 | $4,732,290 | $4,849,479 |
| OTHER REVENUE | $4,130 | $4,130 | $4,130 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (3 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| DEFERRED FEDERAL EXCISE TAXES | $570,859 | $566,785 |
| DEFERRED COMPENSATION | $606,684 | $604,586 |
| FEDERAL EXCISE TAX PAYABLE | $151,393 | $50,629 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT MANAGEMENT FEES | CategoryTxt |
| Amt | $396,992 | Amt |
| Net Investment Income | $396,992 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FOREIGN TAXES | $15,096 | $15,096 | $0 |
| CURRENT AND DEFERRED EXCISE TAXES | $235,162 | $0 | $0 |
| PROPERTY TAXES | $89,770 | $89,700 | $70 |
Transfers Frm Controlled Entities TransfersFrmControlledEntities
Transfers From Controlled Ent TransfersFromControlledEntGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BSF FOUNDATION | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 801 CHERRY STREET SUITE 1500 | AddressLine1Txt |
| City | FORT WORTH | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 76102 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 752688553 | EIN |
| Desc | NO TRANSFERS WERE MADE DURING THE YEAR BETWEEN BSF FOUNDATION AND THE BURNETT FOUNDATION. | Desc |
| Amt | $0 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Comments