MEDALLION FOUNDATION INC: Form 990PF, tax year 2014
View the entire original 990 at ProPublica ↗
- Organization
- MEDALLION FOUNDATION INC (EIN 76-0141071)
- Tax period
- 2014-01-01 to 2014-12-31
- Filed
- 2015-11-16
- IRS object ID
- 201513209349100641
- 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
- Investments Land Schedule2
- Investments Other Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Reduction Explanation Statement
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2015-11-16T09:56:23-06:00 | ReturnTs |
| Tax Period End | 2014-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 880320217 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LL BRADFORD & COMPANY | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 12603 Southwest Freeway Suite 170 | AddressLine1Txt |
| City | Stafford | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77477 | 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 | 760141071 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Medallion Foundation Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MEDA | BusinessNameControlTxt |
| Phone | 7136291381 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1407 Fannin Street | AddressLine1Txt |
| City | Houston | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77002 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Robert J Pilegge | PersonNm |
| Person Title | Director | PersonTitleTxt |
| Phone | 7136291381 | PhoneNum |
| Signature | 2015-11-16 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | John Thayer | PreparerPersonNm |
| PTIN | P00223490 | PTIN |
| Phone | 2815528430 | 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 | $30,043,652 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
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 | $662,799 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $661,522 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $129,914 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $129,914 | DividendsNetInvstIncmAmt |
| Gross Rents Rev And Expnss | $765,569 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $765,569 | GrossRentsNetInvstIncmAmt |
| Net Rental Income Or Loss | $288,348 | NetRentalIncomeOrLossAmt |
| Net Gain Sale Ast Rev And Expnss | -$1,313,625 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $343,130 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $1,489,530 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $1,489,530 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $1,734,187 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $3,046,535 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $36,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $18,000 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $18,000 | CompOfcrDirTrstDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $1,489 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $1,489 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $0 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $12,850 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $12,850 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $103,425 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $103,425 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $673,779 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $673,779 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $165,849 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $124,878 | DeprecAndDpltnNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $193,051 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $193,051 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $1,186,443 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $1,127,472 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $18,000 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $503,652 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $503,652 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,690,095 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $1,127,472 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $521,652 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $44,092 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,919,063 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $243,256 | CashBOYAmt |
| Cash EOY | $151,621 | CashEOYAmt |
| Cash EOYFMV | $151,621 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $635,852 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $641,063 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $641,063 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $8,026,168 | AcctRcvblAmt |
| Acct Rcvbl BOY | $8,824,855 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $8,026,168 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $5,851,879 | AcctRcvblEOYFMVAmt |
| Invst Land Cost Or Other Basis | $7,928,814 | InvstLandCostOrOtherBasisAmt |
| Invst Land Accum Depreciation | $1,038,650 | InvstLandAccumDepreciationAmt |
| Land Bldg Investments BOY | $5,377,201 | LandBldgInvestmentsBOYAmt |
| Land Bldg Investments EOY | $6,890,164 | LandBldgInvestmentsEOYAmt |
| Land Bldg Investments EOYFMV | $6,890,164 | LandBldgInvestmentsEOYFMVAmt |
| Other Investments BOY | $43,873,699 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $46,727,530 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $16,508,925 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $11,397 | OtherAssetsBOYAmt |
| Other Assets EOY | $111,318 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $0 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $58,966,260 | TotalAssetsBOYAmt |
| Total Assets EOY | $62,547,864 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $30,043,652 | TotalAssetsEOYFMVAmt |
| Accounts Payable EOY | $1,343 | AccountsPayableEOYAmt |
| Other Liabilities BOY | $714,450 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $719,089 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $714,450 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $720,432 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | $1,774,205 | CapitalStockBOYAmt |
| Capital Stock EOY | $1,774,205 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $56,477,605 | RetainedEarningBOYAmt |
| Retained Earning EOY | $60,053,227 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $58,251,810 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $61,827,432 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $58,966,260 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $62,547,864 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $58,251,810 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $44,092 | ExcessRevenueOverExpensesAmt |
| Other Increases | $3,531,530 | OtherIncreasesAmt |
| Subtotal | $61,827,432 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $61,827,432 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (5 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | Gross Sales PriceGrossSalesPriceAmt |
|---|---|---|---|---|---|
| Passthrough Short Term Capital Loss From Finkelstein K-1 | P | $1,656,755 | -$1,656,755 | -$1,656,755 | |
| Passthrough Long Term Capital Gain from Finkelstein K-1 | P | $293,237 | $293,237 | $293,237 | |
| Passthrough Long Term Capital Gain From Powershares K-1 | P | $1 | $1 | $1 | |
| Unrecaptured Sec 1250 Gain Passthrough from Finkelstein K-1 | P | $23,204 | $23,204 | $23,204 | |
| Capital Gain Distribtuions from Barclays Brokerage Statement | P | $26,688 | $26,688 | $26,688 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$1,313,625 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $806,016 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $17,377,294 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.046383 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $733,423 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $14,813,560 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.049510 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $1,421,422 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $24,490,638 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.058039 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $82,550 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $28,995,847 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.002847 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $959,858 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $53,306,403 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.018006 | DistributionYr5Rt |
| Total Distribution | 0.174785 | TotalDistributionRt |
| Average Distribution | 0.034957 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $17,042,085 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $595,740 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $19,191 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $614,931 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $521,652 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $38,381 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $38,381 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $38,381 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $51,200 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $51,200 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $375 | EsPenaltyAmt |
| Overpayment | $12,444 | OverpaymentAmt |
| Applied To ES Tax | $12,444 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
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 | 0 | 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 | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | 0 | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Medallion Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7136540144 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1407 Fannin St | AddressLine1Txt |
| City | Houston | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77002 | 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 |
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 | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| Robert J Pilegge | ||||||||
| 1407 Fannin St | Houston | TX | 77002 | Director | 4.00 | $12,000 | $0 | $0 |
| Jereld E McQueen | ||||||||
| 1407 Fannin St | Houston | TX | 77002 | Director | 3.00 | $12,000 | $0 | $0 |
| Mark L Entmann | ||||||||
| 4849 Dumfries | Houston | TX | 77096 | Director | 2.00 | $12,000 | $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 | $0 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $792,684 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $16,508,925 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $17,301,609 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $7,958,740 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $17,301,609 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $259,524 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $17,042,085 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $852,104 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $852,104 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $38,381 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $38,381 | TotalTaxAmt |
| Distributable Before Adj | $813,723 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $813,723 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $813,723 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $521,652 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $521,652 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $521,652 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $813,723 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr4 | $174,367 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $197,978 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $18,845 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $39,267 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $430,457 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $521,652 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $521,652 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $292,071 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $292,071 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $138,386 | 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 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $138,386 | ExcessDistriCyovToNextYrAmt |
| Excess From Year3 | $80,274 | ExcessFromYear3Amt |
| Excess From Year2 | $18,845 | ExcessFromYear2Amt |
| Excess From Year1 | $39,267 | ExcessFromYear1Amt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | The Medallion Foundation Inc | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1407 Fannin St | AddressLine1Txt |
| City | Houston | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77002 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 7136540144 | RecipientPhoneNum |
| Form And Info And Materials | Prescribed information requests supplied to applicants | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | None | SubmissionDeadlinesTxt |
| Restrictions On Awards | None | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (40 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|
| Aishel House | ||||||||
| 1955 University Blvd | Houston | TX | 77030 | None | OPC | Expansion & Improvements | $50,000 | |
| American Diabetes Assoc | ||||||||
| 2785 E Desert Inn Rd | Las Vegas | NV | 89121 | None | OPC | Gala - 1 table for 10 & Camp Rainbow & Lotta Bright Hope | $10,000 | |
| Baylor College | ||||||||
| 6620 Main St | Houston | TX | 77030 | None | OPC | Biomedical Research | $110,000 | |
| Be the Match Foundation | ||||||||
| 3001 Broadway St NE Suite 100 | Minneapolis | MN | 554131753 | None | OPC | Recovery Grant for Houston Patiens | $5,000 | |
| Bearsource for CPS Kids | ||||||||
| PO Box 27701-501 | Houston | TX | 77227 | None | OPC | School uniform and supplies | $5,000 | |
| Beth Yeshurun Day School | ||||||||
| 4525 Beechnut St | Houston | TX | 77096 | None | OPC | Modern Library Server | $7,500 | |
| Crohn's & Colitis Foundation of America | ||||||||
| 5120 Woodway Dr | Houston | TX | 77056 | None | OPC | Camp Oasis | $5,000 | |
| East Carolina University | ||||||||
| 1001 E 5th St | Greenville | NC | 27858 | None | OPC | Employee Match Grant | $200 | |
| Houston Hospice | ||||||||
| 1905 Holcombe Blvd | Houston | TX | 77030 | None | OPC | Charity Care Program for unfunded patients | $5,000 | |
| Pass-through from Finkelstein Partnership | ||||||||
| PO Box 1101 | Houston | TX | 772511101 | None | OPC | Misc | $3,952 | |
| Pro-Vision Inc | ||||||||
| 4590 Wilmington St | Houston | TX | 77051 | None | OPC | Urban Farm | $3,000 | |
| Raphaels Refuge | ||||||||
| 2715 US 90 | Flatonia | TX | 78941 | None | OPC | Employee Match Grant | $200 | |
| River Performing & Visual Arts Center | ||||||||
| 1475 W Gray ST | Houston | TX | 77019 | None | OPC | Fine Arts Summer Camp | $41,000 | |
| St Dominic Village | ||||||||
| 2401 Holcombe Blvd | Houston | TX | 77021 | None | OPC | Unit 1 Nursing Station renovation | $15,000 | |
| St James House of Baytown | ||||||||
| 5800 W Baker Rd | Baytown | TX | 77520 | None | OPC | Beds & Mattresses for Nursing Care | $10,000 | |
| The Cal Ripken Sr Foundation | ||||||||
| 1427 Clarkview Road Suite 100 | Baltimore | MD | 21209 | None | OPC | Build Community Center | $25,500 | |
| The Mission of Yahweh | ||||||||
| 10247 Algiers Rd | Houston | TX | 77041 | None | OPC | Main Building Renovation | $10,000 | |
| The Rose | ||||||||
| 12700 N Featherwood Dr 260 | Houston | TX | 77034 | None | OPC | Empower Her Spnosorship Program | $5,000 | |
| The Sunshine Kids | ||||||||
| 2814 Virginia | Houston | TX | 77098 | None | OPC | Activities for Houston Area | $10,000 | |
| The University of Texas | ||||||||
| 23rd | Austin | TX | 78759 | None | OPC | UTHealth Stroke Festival of Life | $15,000 | |
| Southwest Football League | ||||||||
| PO Box 27053 | Houston | TX | 77277 | none | OPC | Sun Protection for 3 sets of bleachers | $30,000 | |
| St Cecilia Church | ||||||||
| 11720 Joan of Arc Dr | houston | TX | 77024 | none | OPC | Employee Match Grant | $2,000 | |
| Duke University School of Medicine | ||||||||
| 8 Searle Center Drive | Durham | NC | 27703 | none | OPC | Employee Match Grant | $2,000 | |
| AIDS Foundation Houston | ||||||||
| 6260 Westpark Dr 100 | Houston | TX | 77057 | None | opc | Stone Soup Food Pantry | $5,000 | |
| Be an Angel | ||||||||
| 2003 Aldine Bender Dr | Houston | TX | 77032 | none | opc | Hearing Aids | $5,000 | |
| Therapy Pet Pals of Texas Inc | ||||||||
| 3930 Bee Cave Rd | West Lake Hills | TX | 78746 | none | OPC | Training for 10 Pet Pal Volunteers | $5,000 | |
| Northwest Assistance Ministries | ||||||||
| 15555 Kuykendahl Rd | Houston | TX | 77090 | none | opc | Children's Clinic Equipment | $11,450 | |
| Palmer Drug Abuse Program | ||||||||
| Three Memorial City Plaza 840 | Houston | TX | 77024 | none | Opc | Sobriety chips and craft materials | $2,000 | Gessner Suite 1300 |
| St Jude Children's Research Hospital | ||||||||
| 1535 West Loop S 240 | Houston | TX | 77027 | none | opc | Supplies and childcare | $20,000 | |
| Wellsprings Village Inc | ||||||||
| PO Box 311017 | Houston | TX | 77231 | none | opc | Supportive Services | $5,000 | |
| El Centro de Corazon | ||||||||
| 412 Telephone Rd | Houston | TX | 77023 | none | opc | Diabetic Self-Management Program | $5,000 | |
| Covenant House Texas | ||||||||
| 1111 Lovett Blvd | Houston | TX | 77006 | none | opc | Renovate Intake Building for ADS | $20,000 | |
| St Joseph Catholic Church | ||||||||
| 1505 kane St | Houston | TX | 77007 | none | opc | Pipe Organ | $15,000 | |
| The Men's Center | ||||||||
| 3809 Main St | Houston | TX | 77002 | none | OPc | meals for houston homeless | $1,000 | |
| Turning Point Center | ||||||||
| 1701 Jacquelyn Dr | Houston | TX | 77055 | none | opc | public transportation for residents | $2,500 | |
| Volunteer Interfaith Caregivers-Southwest | ||||||||
| 5001 Bellaire Blvd | Bellaire | TX | 77401 | none | opc | technology upgrade for transportation services | $2,000 | |
| Big Brothers Big Sisters Lone Star | ||||||||
| 1300 Bay Area Blvd | Houston | TX | 77058 | none | opc | 8 computers for Little Steps Big Futures Program | $10,000 | |
| Christus Foundation for Healthcare | ||||||||
| 2615 Fannin Street | Houston | TX | 77002 | none | opc | For 1000 doses of flu vaccine | $19,000 | |
| KHCB RAdio Network | ||||||||
| 2424 South Blvd | Houston | TX | 77098 | none | opc | Employee Match Grant | $350 | |
| The Beacon | ||||||||
| 1212 Prairie St | Houston | TX | 77002 | none | opc | Day Center Services (meals, showers, laundry) | $5,000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $503,652 | 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 |
| Exclusion | $662,799 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $129,914 | ExclusionAmt |
Net Rntl Incm Re Debt Fincd Prop NetRntlIncmReDebtFincdPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 531120 | BusinessCd |
| Unrelated Business Taxbl Incm | $118,422 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 16 | ExclusionCd |
| Exclusion | $169,926 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 15 | ExclusionCd |
| Exclusion | $1,489,530 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$1,313,625 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $118,422 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $1,138,544 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,256,966 | 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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Accounting | CategoryTxt |
| Amt | $12,850 | Amt |
| Net Investment Income | $12,850 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (5 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Prior Year DepreciationPriorYearDepreciationAmt | Computation MethodComputationMethodTxt | LifeLifeRt | Current Year ExpenseCurrentYearExpenseAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|---|---|---|---|
| Building | 2007-08-01 | $3,498,133 | $654,952 | SL | 39.000000000000 | $89,696 | $89,696 |
| Land | 2007-08-01 | $1,400,000 | L | $0 | $0 | ||
| Building | 2007-05-01 | $1,282,835 | $217,849 | SL | 39.000000000000 | $32,893 | $32,893 |
| Land | 2007-05-01 | $69,034 | L | $0 | $0 | ||
| Improvements | 2014-08-01 | $82,400 | 150DB | 15.000000000000 | $43,260 | $2,289 |
Investments Land Schedule2 InvestmentsLandSchedule2
Investment Land InvestmentLandGrp (5 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt |
|---|---|---|---|
| Building | $3,498,133 | $744,648 | $2,753,485 |
| Land | $1,400,000 | $0 | $1,400,000 |
| Building | $1,282,835 | $250,742 | $1,032,093 |
| Land | $69,034 | $0 | $69,034 |
| Improvements | $82,400 | $43,260 | $39,140 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (6 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| Finkelstein Partners Ltd | FMV | $39,157,240 | $13,313,462 |
| Shadow Creek Center LLC | FMV | $1,037,548 | $113,678 |
| Kilburn Media, LLC | AT COST | $200,000 | $200,000 |
| Silverlake | AT COST | $1,112,060 | $0 |
| Riverstone | AT COST | $2,338,897 | $0 |
| Barclays | FMV | $2,881,785 | $2,881,785 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Legal | CategoryTxt |
| Legal Fees | $1,489 | LegalFeesAmt |
| Net Investment Income | $1,489 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| Brazoria County MUD | $750 | $750 |
| Federal Taxes | $10,647 | $110,568 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (19 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Liability Insurance | $3,872 | $3,872 | $0 |
| Investment Expenses | $1 | $1 | $0 |
| Portfolio Deductions | $87,555 | $87,555 | $0 |
| Office Expenses | $223 | $223 | $0 |
| Management Fee | $16,586 | $16,586 | $0 |
| Office Expenses | $2,303 | $2,303 | $0 |
| Utilities | $18,914 | $18,914 | $0 |
| Repairs and Maintenance | $11,018 | $11,018 | $0 |
| Telephone | $2,728 | $2,728 | $0 |
| Insurance | $18,074 | $18,074 | $0 |
| Landscaping | $8,000 | $8,000 | $0 |
| Advertising | $1,000 | $1,000 | $0 |
| License/Permits/Fees | $300 | $300 | $0 |
| Management Fee | $4,045 | $4,045 | $0 |
| Repairs and Maintenance | $1,312 | $1,312 | $0 |
| Utilities | $3,077 | $3,077 | $0 |
| Insurance | $12,192 | $12,192 | $0 |
| Office Expenses | $51 | $51 | $0 |
| landscape | $1,800 | $1,800 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| Passthrough from Finkelstein | $1,043,548 | $1,043,548 | $1,043,548 |
| Passthrough from Finkelstein | $445,952 | $445,952 | $445,952 |
| Passthrough Powershares K-1 | -$11 | -$11 | -$11 |
| Passthrough Greenhaven K-1 | $41 | $41 | $41 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | To tie out capital accounts from pass through entities | Desc |
| Amt | $3,531,530 | Amt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (3 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| Finkelstein Payable - Cost Depletion | $493,210 | $493,210 |
| Estate of Hubert Payable | $212,676 | $212,676 |
| Tenant Deposits | $8,564 | $13,203 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Legal | $1,000 | $1,000 | $0 |
| Professional Fees | $102,425 | $102,425 | $0 |
Reduction Explanation Statement ReductionExplanationStatement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Short Explanation | Minority Level Discounts (Lack of liquidity & Lack of Marketability) | ShortExplanationTxt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Taxes & Operating Expenses | $565,957 | $565,957 | $0 |
| Foreign Taxes Paid from Barclays | $275 | $275 | $0 |
| Taxes | $93,065 | $93,065 | $0 |
| Taxes | $14,482 | $14,482 | $0 |