WILLIAM M WEAVER FOUNDATION: Form 990PF, tax year 2014
View the entire original 990 at ProPublica ↗
- Organization
- WILLIAM M WEAVER FOUNDATION (EIN 30-0140386)
- Tax period
- 2014-01-01 to 2014-12-31
- Filed
- 2015-05-15
- IRS object ID
- 201541359349102434
- 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 Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Land Etc Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2015-05-15T09:38:40-05:00 | ReturnTs |
| Tax Period End | 2014-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 752745426 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NEWBERRY LEONARD HORTON & BAIRRINGTON | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 790 | AddressLine1Txt |
| City | LAMESA | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 793315415 | 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 | 300140386 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WILLIAM M WEAVER FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | WILL | BusinessNameControlTxt |
| Phone | 4323678910 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2651 JBS PARKWAY BLDG 4 STE E | AddressLine1Txt |
| City | ODESSA | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 79762 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | BARBARA HILL | PersonNm |
| Person Title | TRUSTEE | PersonTitleTxt |
| Phone | 4323678910 | PhoneNum |
| Signature | 2015-05-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | SCOTT L LEONARD | PreparerPersonNm |
| PTIN | P01011787 | PTIN |
| Phone | 8068725426 | PhoneNum |
| Preparation | 2015-05-12 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2014 | TaxYr |
| Build TS | 2016-04-25 22:37:26Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $13,770,798 | 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 |
| Dividends Rev And Expnss | $385,971 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $371,188 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $385,971 | DividendsAdjNetIncmAmt |
| Gross Rents Rev And Expnss | $598,563 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $598,563 | GrossRentsNetInvstIncmAmt |
| Gross Rents Adj Net Incm | $598,563 | GrossRentsAdjNetIncmAmt |
| Net Rental Income Or Loss | $511,003 | NetRentalIncomeOrLossAmt |
| Net Gain Sale Ast Rev And Expnss | $214,907 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $2,647,769 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $214,907 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $3,726 | NetSTCapitalGainAdjNetIncmAmt |
| Total Rev And Expnss | $1,199,441 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,184,658 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $988,260 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $129,165 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $129,165 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $129,165 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $12,916 | CompOfcrDirTrstDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $2,062 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $2,062 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $2,062 | LegalFeesAdjNetIncmAmt |
| Accounting Fees Rev And Expnss | $2,228 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $2,228 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $2,228 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $1,114 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $34,745 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $34,745 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $34,745 | TaxesAdjNetIncmAmt |
| Deprec And Dpltn Rev And Expnss | $13,957 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $13,957 | DeprecAndDpltnNetInvstIncmAmt |
| Deprec And Dpltn Adj Net Incm | $13,957 | DeprecAndDpltnAdjNetIncmAmt |
| Occupancy Rev And Expnss | $10,765 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $10,765 | OccupancyNetInvstIncmAmt |
| Occupancy Adj Net Incm | $10,765 | OccupancyAdjNetIncmAmt |
| Other Expenses Rev And Expnss | $56,112 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $56,112 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $56,112 | OtherExpensesAdjNetIncmAmt |
| Tot Opr Expenses Rev And Expnss | $249,034 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $249,034 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $249,034 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $14,030 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $668,630 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $632,539 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $917,664 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $249,034 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $249,034 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $646,569 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $281,777 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $935,624 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $739,226 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $3,230 | CashBOYAmt |
| Cash EOY | $1 | CashEOYAmt |
| Sav And Temp Cash Invst BOY | $522,648 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $620,583 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $620,583 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl BOY | $1,384 | AcctRcvblBOYAmt |
| Prepaid Expenses EOY | $1,004 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $1,004 | PrepaidExpensesEOYFMVAmt |
| US Government Obligations BOY | $2,703,508 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $2,998,145 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $3,040,657 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $4,216,411 | CorporateStockBOYAmt |
| Corporate Stock EOY | $4,262,222 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $5,905,921 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $1,368,011 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $1,320,110 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $1,283,957 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $956,077 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $864,938 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $856,189 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $1,521,269 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $93,861 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $1,428,511 | LandBOYAmt |
| Land EOY | $1,427,408 | LandEOYAmt |
| Land EOYFMV | $1,671,357 | LandEOYFMVAmt |
| Other Assets BOY | $81,024 | OtherAssetsBOYAmt |
| Other Assets EOY | $68,170 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $391,130 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $11,280,804 | TotalAssetsBOYAmt |
| Total Assets EOY | $11,562,581 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $13,770,798 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Retained Earning BOY | $11,280,804 | RetainedEarningBOYAmt |
| Retained Earning EOY | $11,562,581 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $11,280,804 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $11,562,581 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $11,280,804 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $11,562,581 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $11,280,804 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $281,777 | ExcessRevenueOverExpensesAmt |
| Subtotal | $11,562,581 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $11,562,581 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (46 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| AT & T INCORPORATED | P | 2009-09-23 | 2014-01-17 | $5,837 | $4,714 | $1,123 | $1,123 |
| FNMA POOL | P | 2013-09-10 | 2014-12-25 | $110,056 | $117,323 | -$7,267 | -$7,267 |
| ONEOK INC | P | 2013-05-29 | 2014-01-17 | $15,431 | $10,577 | $4,854 | $4,854 |
| EATON CORP PLC | P | 2012-11-30 | 2014-01-17 | $12,266 | $8,305 | $3,961 | $3,961 |
| APPLE COMPUTER INC | P | 2013-03-06 | 2014-01-17 | $8,110 | $6,393 | $1,717 | $1,717 |
| FNMA POOL | P | 2013-09-10 | 2014-12-25 | $2,229 | $2,238 | -$9 | -$9 |
| ONEOK INC | P | 2013-07-10 | 2014-01-29 | $139,513 | $93,745 | $45,768 | $45,768 |
| APPLIED MATERIALS INC | P | 2012-05-24 | 2014-08-07 | $135,560 | $75,304 | $60,256 | $60,256 |
| INTEL CORP | P | 2009-10-23 | 2014-01-17 | $4,183 | $3,229 | $954 | $954 |
| PIMCO TOTAL RETURN FUND-INST | P | 2013-04-05 | 2014-01-17 | $29,728 | $31,043 | -$1,315 | -$1,315 |
| BANK HAWAII CORP | P | 2010-11-09 | 2014-01-17 | $4,132 | $3,170 | $962 | $962 |
| JPMORGAN CHASE & CO | P | 2012-12-04 | 2014-01-17 | $11,614 | $8,114 | $3,500 | $3,500 |
| PIMCO TOTAL RETURN FUND-INST | P | 2014-03-18 | 2014-09-26 | $214,793 | $220,420 | -$5,627 | -$5,627 |
| BANK HAWAII CORP | P | 2010-11-09 | 2014-03-14 | $135,104 | $104,997 | $30,107 | $30,107 |
| JOHNSON & JOHNSON INC | P | 2009-09-23 | 2014-01-17 | $6,447 | $4,141 | $2,306 | $2,306 |
| PNC FINANCIAL SERVICES GROUP INC | P | 2011-04-08 | 2014-01-17 | $10,285 | $7,936 | $2,349 | $2,349 |
| BLACKROCK INC | P | 2011-10-25 | 2014-01-17 | $9,489 | $4,594 | $4,895 | $4,895 |
| KLA-TENCOR CORP | P | 2012-10-17 | 2014-01-17 | $10,661 | $7,853 | $2,808 | $2,808 |
| PPL CORP | P | 2012-01-24 | 2014-03-13 | $27,372 | $23,620 | $3,752 | $3,752 |
| CALIFORNIA RESUORCES CORP | P | 2012-04-18 | 2014-12-10 | $5 | $7 | -$2 | -$2 |
| KIMBERLY-CLARK | P | 2009-10-23 | 2014-09-25 | $79,297 | $47,134 | $32,163 | $32,163 |
| PPL CORP | P | 2013-01-11 | 2014-06-10 | $62,307 | $51,245 | $11,062 | $11,062 |
| DARDEN RESTAURANTS INC | P | 2012-01-11 | 2014-05-20 | $127,400 | $118,229 | $9,171 | $9,171 |
| KINDER MORGAN INC DEL | P | 2013-10-31 | 2014-01-17 | $10,309 | $10,284 | $25 | $25 |
| PAYCHEX INC | P | 2009-10-23 | 2014-01-17 | $13,224 | $8,896 | $4,328 | $4,328 |
| DENBURY RESOURCES INC | P | 2014-09-25 | 2014-12-10 | $34,708 | $80,158 | -$45,450 | -$45,450 |
| LOCKHEED MARTIN CORP | P | 2010-01-22 | 2014-08-06 | $58,018 | $26,252 | $31,766 | $31,766 |
| TEVA PHARMACEUTICL INDS LTD ADR | P | 2012-12-12 | 2014-01-17 | $4,774 | $4,265 | $509 | $509 |
| DODGE & COX INCOME FD | P | 2013-04-05 | 2014-01-17 | $32,430 | $33,008 | -$578 | -$578 |
| MATTEL INC | P | 2011-10-04 | 2014-01-17 | $15,854 | $8,988 | $6,866 | $6,866 |
| TOTAL SASPONSORED ADR | P | 2009-09-23 | 2014-01-17 | $10,316 | $10,630 | -$314 | -$314 |
| DUPONT E I DE NEMOURS & CO | P | 2009-10-20 | 2014-01-17 | $9,583 | $5,054 | $4,529 | $4,529 |
| MATTEL INC | P | 2013-07-17 | 2014-10-16 | $99,297 | $95,619 | $3,678 | $3,678 |
| US TREAS NOTES | P | 2014-07-01 | 2014-11-13 | $158,508 | $158,322 | $186 | $186 |
| DUNCANVILLE TX | P | 2010-10-20 | 2014-08-15 | $120,000 | $120,000 | ||
| MATTEL INC | P | 2014-03-18 | 2014-10-16 | $10,473 | $13,557 | -$3,084 | -$3,084 |
| UNIV OF OKLAHOMA | P | 2012-01-26 | 2014-07-01 | $250,000 | $250,000 | ||
| FHLMC POOL | P | 2009-11-10 | 2014-01-15 | $106,964 | $113,751 | -$6,787 | -$6,787 |
| P | 2013-02-20 | 2014-01-17 | $9,477 | $7,799 | $1,678 | $1,678 | |
| VANGUARD I/T INVESTMENT GRADE FD | P | 2013-04-05 | 2014-01-17 | $28,845 | $30,358 | -$1,513 | -$1,513 |
| FHLMC REMIC SERIES | P | 2014-01-06 | 2014-10-01 | $203,031 | $195,688 | $7,343 | $7,343 |
| MICROSOFT CORP | P | 2009-09-23 | 2014-01-17 | $6,563 | $4,681 | $1,882 | $1,882 |
| VANGUARD S/T INVESTMENT GRADE FD | P | 2013-04-05 | 2014-01-17 | $30,728 | $31,006 | -$278 | -$278 |
| FNAH3430 | P | 2011-02-09 | 2014-12-25 | $49,023 | $48,594 | $429 | $429 |
| NOVARTIS AG | P | 2010-02-25 | 2014-01-17 | $7,131 | $4,787 | $2,344 | $2,344 |
| WALMART STORES INC | P | 2011-03-03 | 2014-01-06 | $212,232 | $216,834 | -$4,602 | -$4,602 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $214,907 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $3,726 | NetShortTermCapitalGainLossAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $492,201 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $13,112,478 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.037537 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $629,633 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $12,023,682 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.052366 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $471,765 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $11,002,760 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.042877 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $456,246 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $9,873,501 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.046209 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $469,893 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $10,104,692 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.046502 | DistributionYr5Rt |
| Total Distribution | 0.225491 | TotalDistributionRt |
| Average Distribution | 0.045098 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $13,879,457 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $625,936 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $9,356 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $635,292 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $646,569 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | Yes (X) | DomesticOrgMeetingSect4940eInd |
| Investment Income Excise Tax | $9,356 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $9,356 | SubtotalAmt |
| Tax Based On Investment Income | $9,356 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $17,200 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $17,200 | TotalPaymentsAndCreditsAmt |
| Overpayment | $7,844 | OverpaymentAmt |
| Applied To ES Tax | $7,844 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | TX | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FIRST FINANCIAL TRUST & ASSET MGMT | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 4323678910 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2651 JBS PARKWAY BLDG 4 STE E | AddressLine1Txt |
| City | ODESSA | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 79762 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | 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 |
|---|---|---|---|---|---|---|---|---|
| FIRST FINANCIAL TRUST & ASSET MGMT | ||||||||
| 2651 JBS PARKWAY BLDG 4 STE E | ODESSA | TX | 79762 | TRUSTEE | 8.00 | $129,165 | $0 | $0 |
| JENNY GIBSON | ||||||||
| 603 N 4TH | LAMESA | TX | 79331 | ADMIN BOARD | 0.00 | $0 | $0 | $0 |
| ARTHUR PEDROZA | ||||||||
| 701 N 21ST | LAMESA | TX | 79331 | ADMIN BOARD | 0.00 | $0 | $0 | $0 |
| ELWOOD FREEMAN | ||||||||
| PO BOX 534 | MIDLAND | TX | 79331 | ADMIN BOARD | 0.00 | $0 | $0 | $0 |
| SHIRLEY STEPHENS | ||||||||
| PO BOX 500 | LAMESA | TX | 79331 | ADMIN BOARD | 0.00 | $0 | $0 | $0 |
| R D NEWBERRY | ||||||||
| PO BOX 790 | LAMESA | TX | 79331 | ADMIN BOARD | 0.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FIRST FINANCIAL TRUST & ASSET MGMT C | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2651 JBS PARKWAY BLDG 4 STE E | AddressLine1Txt |
| City | ODESSA | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 79762 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | TRUSTEE/INVEST | ServiceTypeTxt |
| Compensation | $129,165 | CompensationAmt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $10,965,068 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $637,760 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $2,487,991 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $14,090,819 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $14,090,819 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $211,362 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $13,879,457 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $693,973 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $693,973 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $9,356 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $9,356 | TotalTaxAmt |
| Distributable Before Adj | $684,617 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $684,617 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $684,617 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $646,569 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $646,569 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $9,356 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $637,213 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $684,617 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $612,002 | UndistributedIncomePYAmt |
| Qualifying Distributions | $646,569 | QualifyingDistributionsAmt |
| Applied To Year1 | $612,002 | AppliedToYear1Amt |
| Applied To Current Year | $34,567 | AppliedToCurrentYearAmt |
| Undistributed Income CY | $650,050 | UndistributedIncomeCYAmt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | ELWOOD FREEMAN | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 301 | AddressLine1Txt |
| City | LAMESA | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 79331 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 8068725457 | RecipientPhoneNum |
| Form And Info And Materials | DESCRIPTION OF PROJECT, PROJECT BUDGET, CURRENT FINANCIAL STATEMENTS, PROPOSED FUNDING SOURCES | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | NONE | SubmissionDeadlinesTxt |
| Restrictions On Awards | PROJECTS BENEFITTING RESIDENTS OF DAWSON COUNTY | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (10 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Business Name Line2RecipientBusinessName/BusinessNameLine2Txt |
|---|---|---|---|---|---|---|---|---|
| FIRST PRESBYTERIAN CHURCH | ||||||||
| PO BOX 1126 | LAMESA | TX | 79331 | NONE | PC | OPERATING EXPENSES OF RELIGEOUS ORG | $58,257 | |
| DAWSON COUNTY SENIOR CITIZENS | ||||||||
| PO BOX 241 | LAMESA | TX | 79331 | NONE | PC | BUILDING RENOVATIONS | $64,322 | |
| DAWSON COUNTY | ||||||||
| PO BOX 1268 | LAMESA | TX | 79331 | NONE | GOV | RENOVATION OF PUBLIC FAIRBARNS | $168,650 | |
| CITY OF LAMESA | ||||||||
| 601 S 1ST | LAMESA | TX | 79331 | NONE | GOV | VACANT BUILDING DEMOLITION | $15,025 | |
| CITY OF LAMESA | ||||||||
| 601 S 1ST | LAMESA | TX | 79331 | NONE | GOV | SPRINKLER SYSTEM IN PUBLIC THEATER | $29,317 | |
| LAMESA RODEO ASSOCIATION | ||||||||
| PO BOX 440 | LAMESA | TX | 79331 | NONE | PC | FACILITY RENOVATION | $71,840 | |
| CITY OF LAMESA | ||||||||
| 601 S 1ST | LAMESA | TX | 79331 | NONE | GOV | PUBLIC RECREATION FACILITIES | $173,296 | |
| DAWSON MEDICAL FOUNDATION | ||||||||
| 2200 N BRYAN AVE | LAMESA | TX | 79331 | NONE | PF | LAND ACQUISITION | $73,932 | |
| COVENANT PROMISE MINISTRY- | ||||||||
| PO BOX 8 | ACKERLY | TX | 79713 | NONE | PC | EQUIPMENT | $1,700 | VETERANS RETRAINING DIVISION |
| CHRISTIAN WOMEN'S JOBCORE | ||||||||
| 1013 N 2ND | LAMESA | TX | 79331 | NONE | PC | BUILDING RENOVATION | $12,291 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $668,630 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $385,971 | RelatedOrExemptFunctionIncmAmt |
Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 15 | ExclusionCd |
| Exclusion | $511,003 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $214,907 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $511,003 | ExclusionAmt |
| Related Or Exempt Function Incm | $600,878 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,111,881 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING | CategoryTxt |
| Amt | $2,228 | Amt |
| Net Investment Income | $2,228 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $2,228 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $1,114 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (4 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Prior Year DepreciationPriorYearDepreciationAmt | Computation MethodComputationMethodTxt | LifeLifeRt | Current Year ExpenseCurrentYearExpenseAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|---|---|---|---|---|
| IRRIGATION WELL | 2003-03-07 | $40,582 | $40,582 | S/L | 10.0000 | |||
| 7 TOWER PIVOT SYSTEM | 2003-04-15 | $35,252 | $35,252 | S/L | 10.0000 | |||
| IRRIGATION WELL | 2004-07-08 | $6,997 | $6,997 | S/L | 10.0000 | |||
| IRRIGATION PUMP & MOTOR | 2005-04-12 | $11,030 | $9,927 | S/L | 10.0000 | $1,103 | $1,103 | $1,103 |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (9 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| DISNEY WALT CO MTNS | $181,486 | $167,589 |
| GENERAL ELEC CAP CORP 5.5% 1/8/20 | $235,958 | $246,085 |
| GLAXOSMITH KLINE 5.65% | $121,557 | $112,652 |
| LOWES COMPANIES INC 6.10% | $182,490 | $168,224 |
| MORGAN STANLEY 7.30% 5/13/19 | $111,482 | $118,615 |
| ORACLE CORPORATION 5.0% | $204,619 | $196,220 |
| SIMON PPTY GROUP LP 5.25% | $113,585 | $106,047 |
| UNITED PARCEL SERVICE 5.125% | $168,933 | $168,525 |
| WALMART STORES |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (44 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| AMERICAN CAMPUS COMMUNITIES | $137,863 | $161,718 |
| APPLE COMPUTER INC | $151,716 | $272,749 |
| AT&T INCORPORATED | $127,026 | $147,091 |
| BLACKROCK INC | $56,448 | $126,934 |
| CALIFORNIA RESOURCES INC | $5,922 | $3,681 |
| CHEVRON CORPORATION | $122,130 | $163,671 |
| CISCO SYSTEMS | $149,007 | $195,623 |
| COACH INC | $128,421 | $116,436 |
| COCA COLA INC | $113,617 | $159,971 |
| CULLEN FROST BANKERS INC | $102,285 | $149,615 |
| DUPONT E I DE NEMOURS | $84,917 | $161,041 |
| EATON CORP | $144,841 | $177,036 |
| GENERAL ELECTRIC CORP | $158,718 | $154,577 |
| GENERAL MILLS | $88,271 | $119,992 |
| GENERAL MOTORS INC | $91,990 | $106,894 |
| INTEL CORP | $130,853 | $221,913 |
| JOHNSON & JOHNSON INC | $115,402 | $194,186 |
| JPMORGAN CHASE | $141,641 | $201,320 |
| KINDER MORGAN INC | $144,502 | $179,141 |
| KLA-TENCOR CORP | $90,126 | $136,140 |
| KRAFT FOODS INC | $97,256 | $143,993 |
| LOCKHEED MARTIN CORP | $85,885 | $196,036 |
| MCDONALDS CORP | $112,405 | $150,857 |
| MERCK & CO | $109,722 | $146,234 |
| METLIFE INC | $152,507 | $158,267 |
| MICROSOFT CORP | $127,641 | $221,288 |
| NOVARTIS AG | $120,364 | $214,415 |
| OCCIDENTAL PETROLEUM | $140,961 | $134,780 |
| PAYCHEX INC | $83,138 | $128,168 |
| PEPSICO INC | $107,745 | $158,861 |
| PNC FINANCIAL SERVICES | $124,100 | $194,137 |
| PPL CORPORATION | $59,411 | $73,278 |
| PROCTOR & GAMBLE | $103,472 | $147,748 |
| QUALCOMM INC | $136,420 | $139,666 |
| TEVA PHARMACEUTICAL | $143,994 | $214,225 |
| TOTAL SPONSORED ADR | $151,651 | $139,469 |
| UNITED PARCEL SERVICE INC | $119,854 | $194,770 |
| KIMBERLY CLARK | ||
| BANK HAWAII CORP | ||
| MATTELL INC | ||
| APPLIED MATERIALS | ||
| DARDEN RESTAURANTS | ||
| EATON CORP | ||
| ONEIK INC |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $2,439,073 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $2,473,659 | USGovtObligationsEOYFMVAmt |
| State Local Sec Book Vl EOY | $559,072 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $566,998 | StateLocalSecEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (5 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| DODGE & COX INCOME FD | AT COST | $214,442 | $213,623 |
| PIMCO TOTAL RETURN FD | |||
| VANGUARD I/T INV GR FD-ADM | AT COST | $220,535 | $214,241 |
| VANGUARD S/T INV GR FD-ADM | AT COST | $215,261 | $212,832 |
| VANGUARD TOTAL BOND MARKET | AT COST | $214,700 | $215,493 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (4 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|---|
| FARMLAND INPROVEMENTS | $93,861 | $93,861 | ||
| 2326 ACRES DAWSON COUNTY | $1,236,778 | $1,236,778 | $1,468,766 | |
| 744 ACRES GAINES COUNTY | $177,500 | $177,500 | $200,100 | |
| 1/8 UI WICHITA COUNTY | $13,130 | $13,130 | $2,491 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $2,062 | LegalFeesAmt |
| Net Investment Income | $2,062 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $2,062 | AdjustedNetIncomeAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OIL & GAS MINERAL INTERESTS | Desc |
| BOY Book Value | $81,024 | BOYBookValueAmt |
| EOY Book Value | $68,170 | EOYBookValueAmt |
| EOYFMV | $391,130 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| AGRICULTURE RENTS | |||
| LANDLORD PRODUCTION COSTS | $54,854 | $54,854 | $54,854 |
| OIL & GAS ROYALTIES | |||
| OPERATING CHARGES | $1,258 | $1,258 | $1,258 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| FEDERAL EXCISE TAX | $21,526 | $21,526 | $21,526 |
| FOREIGN TAX ON INVESTMENTS | $6,493 | $6,493 | $6,493 |
| OIL & GAS ROYALTIES | $6,726 |
Comments