MEDALLION FOUNDATION INC: Form 990PF, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- MEDALLION FOUNDATION INC (EIN 76-0141071)
- Tax period
- 2013-01-01 to 2013-12-31
- Filed
- 2014-11-11
- IRS object ID
- 201433159349100333
- Schema version
- 2013v3.0
- 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
- Reduction Explanation Statement
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2014-11-11T11:38:56-06:00 | ReturnTs |
| Tax Period End | 2013-12-31 | 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 | BusinessNameLine1 |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 12603 Southwest Freeway Suite 170 | AddressLine1 |
| City | Stafford | City |
| State | TX | State |
| ZIP Code | 77477 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2013-01-01 | 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 | BusinessNameLine1 |
| 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 | AddressLine1 |
| City | Houston | City |
| State | TX | State |
| ZIP Code | 77002 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Robert J Pilegge | PersonNm |
| Person Title | Director | PersonTitleTxt |
| Phone | 7136291381 | PhoneNum |
| Signature | 2014-11-11 | 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 | 2013 | TaxYr |
| Build TS | 2015-12-30 17:16:21Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $29,464,724 | 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 | $1,138,718 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $1,138,718 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $171,421 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $171,421 | DividendsNetInvstIncmAmt |
| Gross Rents Rev And Expnss | $868,871 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $868,871 | GrossRentsNetInvstIncmAmt |
| Net Rental Income Or Loss | $564,418 | NetRentalIncomeOrLossAmt |
| Net Gain Sale Ast Rev And Expnss | $527,354 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $527,493 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $527,354 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $3,641,760 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $3,641,760 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $6,348,124 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $6,348,124 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $36,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $36,000 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $36,000 | CompOfcrDirTrstDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $15,745 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $15,745 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $0 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $32,928 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $32,928 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $639,754 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $639,754 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $294,633 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $294,633 | DeprecAndDpltnNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $227,164 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $223,254 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $1,246,224 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $1,242,314 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $36,000 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $821,074 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $821,074 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $2,067,298 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $1,242,314 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $857,074 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $4,280,826 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $5,105,810 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash EOY | $243,256 | CashEOYAmt |
| Cash EOYFMV | $243,256 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $117,624 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $635,852 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $635,852 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $8,824,855 | AcctRcvblAmt |
| Acct Rcvbl BOY | $8,839,904 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $8,824,855 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $6,434,202 | AcctRcvblEOYFMVAmt |
| Invst Land Cost Or Other Basis | $6,250,002 | InvstLandCostOrOtherBasisAmt |
| Invst Land Accum Depreciation | $872,801 | InvstLandAccumDepreciationAmt |
| Land Bldg Investments EOY | $5,377,201 | LandBldgInvestmentsEOYAmt |
| Land Bldg Investments EOYFMV | $5,377,201 | LandBldgInvestmentsEOYFMVAmt |
| Other Investments BOY | $37,217,170 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $43,873,699 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $16,762,816 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $0 | OtherAssetsBOYAmt |
| Other Assets EOY | $11,397 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $11,397 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $46,174,698 | TotalAssetsBOYAmt |
| Total Assets EOY | $58,966,260 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $29,464,724 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $533,842 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $714,450 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $533,842 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $714,450 | 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 | $43,866,651 | RetainedEarningBOYAmt |
| Retained Earning EOY | $56,477,605 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $45,640,856 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $58,251,810 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $46,174,698 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $58,966,260 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $45,640,856 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $4,280,826 | ExcessRevenueOverExpensesAmt |
| Other Increases | $8,330,128 | OtherIncreasesAmt |
| Subtotal | $58,251,810 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $58,251,810 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (8 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | Cost Or Other BasisCostOrOtherBasisAmt |
|---|---|---|---|---|---|
| ST Passthrough from Finkelstein | P | $71,770 | $71,770 | $71,770 | |
| ST Passthrough from Power Shares | P | -$8 | -$8 | $8 | |
| ST Passthrough from Greenhaven | P | -$1 | -$1 | $1 | |
| LT Passthrough from Finkelstein | P | $450,124 | $450,124 | $450,124 | |
| ST Gains Frost | P | $2,247 | $2,247 | $2,247 | |
| LT Passthrough from Power Shares | P | -$130 | -$130 | $130 | |
| LT Passthrough from Greenhaven | P | $0 | $0 | ||
| LT Gains Frost | P | $3,352 | $3,352 | $3,352 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $527,354 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $733,423 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $14,813,560 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.049510 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $1,421,422 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $24,490,638 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.058039 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $82,550 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $28,995,847 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.002847 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $959,858 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $53,306,403 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.018006 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $2,588,776 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $46,716,997 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.055414 | DistributionYr5Rt |
| Total Distribution | 0.183816 | TotalDistributionRt |
| Average Distribution | 0.036763 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $17,377,294 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $638,841 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $51,058 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $689,899 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $857,074 | 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 | $51,058 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $51,058 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $51,058 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $2,553 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $2,553 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $216 | EsPenaltyAmt |
| Tax Due | $48,721 | TaxDueAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | 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 | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Medallion Foundation | BusinessNameLine1 |
| 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 | AddressLine1 |
| City | Houston | City |
| State | TX | State |
| ZIP Code | 77002 | ZIPCode |
| 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/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | 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 | $0 | $0 | $0 |
| Jereld E McQueen | ||||||||
| 1407 Fannin St | Houston | TX | 77002 | Director | 3.00 | $0 | $0 | $0 |
| Mark L Entmann | ||||||||
| 4849 Dumfries | Houston | TX | 77096 | Director | 2.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $0 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $879,107 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $16,762,816 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $17,641,923 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $7,976,013 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $17,641,923 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $264,629 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $17,377,294 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $868,865 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $868,865 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $51,058 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $51,058 | TotalTaxAmt |
| Distributable Before Adj | $817,807 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $817,807 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $817,807 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $857,074 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $857,074 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $51,058 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $806,016 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $817,807 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr3 | $174,367 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $197,978 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $18,845 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $391,190 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $857,074 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $817,807 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $39,267 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $430,457 | 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 | $430,457 | ExcessDistriCyovToNextYrAmt |
| Excess From Year3 | $174,367 | ExcessFromYear3Amt |
| Excess From Year2 | $197,978 | ExcessFromYear2Amt |
| Excess From Year1 | $18,845 | ExcessFromYear1Amt |
| Excess From Current Year | $39,267 | ExcessFromCurrentYearAmt |
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 | AddressLine1 |
| City | Houston | City |
| State | TX | State |
| ZIP Code | 77002 | ZIPCode |
| 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 (41 entries)
| Address Line1RecipientUSAddress/AddressLine1 | CityRecipientUSAddress/City | StateRecipientUSAddress/State | ZIP CodeRecipientUSAddress/ZIPCode | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| Baylor College | |||||||
| 6620 Main St | Houston | TX | 77030 | None | OPC | Biomedical Research | $110,000 |
| The Cal Ripken Sr Foundation | |||||||
| 1427 Clarkview Road Suite 100 | Baltimore | MD | 21209 | None | OPC | Build Community Center | $100,000 |
| Boys and Girls Harbor Inc | |||||||
| 8100 Washington Ave | Houston | TX | 77007 | None | OPC | Remodel 1st Girls Cottage | $65,000 |
| Houston Hospice | |||||||
| 1905 Holcombe Blvd | Houston | TX | 77030 | None | OPC | Charity Care Program | $50,000 |
| Aishel House | |||||||
| 1955 University Blvd | Houston | TX | 77030 | None | OPC | Expansion & Improvements | $50,000 |
| St Dominic Village | |||||||
| 2401 Holcombe Blvd | Houston | TX | 77021 | None | OPC | Upgrade to skelled Nursing Unit | $50,000 |
| Rise School | |||||||
| 5618 H Mark Crosswell Jr St | Houston | TX | 77021 | None | OPC | Technology Needs | $42,500 |
| River Performing & Visual Arts Center | |||||||
| 1475 W Gray ST | Houston | TX | 77019 | None | OPC | Down Syndrome Camp | $41,000 |
| Habitat for Humanity | |||||||
| 6161 South Loop E | Houston | TX | 77087 | None | OPC | Home Construction | $35,000 |
| San Jose clinic | |||||||
| 2615 Fannin Street | Houston | TX | 77002 | None | OPC | Upgrade Pharacy Software | $25,000 |
| Goodwill Industries of Houston | |||||||
| 1140 W Loop N Fwy | Houston | TX | 77055 | None | OPC | Purchase Wheelchair Accessible Van | $20,000 |
| Casa De Esperanza | |||||||
| 1407 Wichita St | Houston | TX | 77054 | None | OPC | 5 AED's & CPR Training | $20,000 |
| Texas Center for Missing Children | |||||||
| 3311 Richmond Ave | Houston | TX | 77098 | None | OPC | Missing Child Prevention & Educ Project | $20,000 |
| American Diabetes Assoc | |||||||
| 2785 E Desert Inn Rd | Las Vegas | NV | 89121 | None | OPC | Gala - 1 table for 10 & Camp Rainbow & Lotta Bright Hope | $20,000 |
| St James House of Baytown | |||||||
| 5800 W Baker Rd | Baytown | TX | 77520 | None | OPC | Beds & Mattresses for Nursing Care | $20,000 |
| Breath of Life | |||||||
| 21715 Kingsland Blvd | Katy | TX | 77450 | None | OPC | Patient Visits 188 Children | $15,000 |
| The Rose | |||||||
| 12700 N Featherwood Dr 260 | Houston | TX | 77034 | None | OPC | Empower Her Spnosorship Program | $15,000 |
| Incarnate Word Academy | |||||||
| 609 Crawford Street | Houston | TX | 77002 | None | OPC | Fume Hood Science Classroom | $10,650 |
| Pass-through from Finkelstein Partnership | |||||||
| PO Box 1101 | Houston | TX | 772511101 | None | OPC | Misc | $10,424 |
| Houston International | |||||||
| 1800 W loop south Suite 250 | Houston | TX | 77027 | None | OPC | Roof Replacement of Center in Laporte | $10,000 |
| His Grace Foundation | |||||||
| PO Box 722 | Tomball | TX | 77377 | None | OPC | Renovate Family Room BMTU @ TX Children's Hospital | $10,000 |
| Houstonts Ronald | |||||||
| 1907 Holcombe Blvd | Houston | TX | 77030 | None | OPC | Program & Services | $10,000 |
| Children's Museum of Houston | |||||||
| 1500 Binz St | Houston | TX | 77004 | None | OPC | Fort Bend Discovery Center | $10,000 |
| The Sunshine Kids | |||||||
| 2814 Virginia | Houston | TX | 77098 | None | OPC | Activities for Houston Area | $10,000 |
| The Mission of Yahweh | |||||||
| 10247 Algiers Rd | Houston | TX | 77041 | None | OPC | Kitchen Renovations | $10,000 |
| Veccino Health Centers | |||||||
| 5808 Airline Drive | Houston | TX | 77076 | None | OPC | Denver Harbor and Airline Children's Clinic | $7,500 |
| Pro-Vision Inc | |||||||
| 4590 Wilmington St | Houston | TX | 77051 | None | OPC | Urban Farm | $5,000 |
| Crohn's & Colitis Foundation of America | |||||||
| 5120 Woodway Dr | Houston | TX | 77056 | None | OPC | Camp Oasis | $5,000 |
| Barbara Bush Foundation | |||||||
| 516 North Adams Street | Tallahassee | FL | 32301 | None | OPC | Increase literacy training in Houston | $5,000 |
| Bearsource for CPS Kids | |||||||
| PO Box 27701-501 | Houston | TX | 77227 | None | OPC | Back to School Program for 2012-13 | $5,000 |
| Be the Match Foundation | |||||||
| 3001 Broadway St NE Suite 100 | Minneapolis | MN | 554131753 | None | OPC | Hosuton Patients | $5,000 |
| Seven Acres Jewish Center | |||||||
| 6200 N Braeswood Blvd | Houston | TX | 77074 | None | OPC | Employee Match Grant | $2,750 |
| The University of Texas | |||||||
| 23rd | Austin | TX | 78759 | None | OPC | Employee Match Grant | $2,000 |
| Beth Yeshurun Day School | |||||||
| 4525 Beechnut St | Houston | TX | 77096 | None | OPC | Technology Infrastructure | $1,300 |
| St John Vianney Catholic Church | |||||||
| 625 Nottingham Oaks Trail | Houston | TX | 77079 | None | OPC | 598 Build gym at Larkin Community Center | $1,000 |
| Archdioceses of Galveston-Houston | |||||||
| 1700 San Jacinto St | Houston | TX | 77002 | None | OPC | Matching Grant | $500 |
| Strake Jesuit Preparatory | |||||||
| 8900 Bellaire Blvd | Houston | TX | 77036 | None | OPC | Employee Match Grant | $500 |
| Houston Christian | |||||||
| 2700 West Sam Houston Pkwy N | Houston | TX | 77043 | None | OPC | Employee Match Grant | $350 |
| Raphaels Refuge | |||||||
| 2715 US 90 | Flatonia | TX | 78941 | None | OPC | Employee Match Grant | $250 |
| East Carolina University | |||||||
| 1001 E 5th St | Greenville | NC | 27858 | None | OPC | Employee Match Grant | $200 |
| Dominican Sisters of Houston | |||||||
| 6501 Almeda Rd | Houston | TX | 77021 | None | OPC | Employee Match Grant | $150 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $821,074 | 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 | $1,138,718 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $171,421 | ExclusionAmt |
Net Rntl Incm Re Debt Fincd Prop NetRntlIncmReDebtFincdPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 531120 | BusinessCd |
| Unrelated Business Taxbl Incm | $364,385 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 16 | ExclusionCd |
| Exclusion | $200,033 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 15 | ExclusionCd |
| Exclusion | $3,641,760 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $527,354 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $364,385 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $5,679,286 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $6,043,671 | 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 | $32,928 | Amt |
| Net Investment Income | $32,928 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | 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 |
|---|---|---|---|---|---|---|---|
| Building | 2007-08-01 | $3,498,133 | $565,256 | SL | 39.000000000000 | $89,696 | $89,696 |
| Land | 2007-08-01 | $1,400,000 | L | $0 | $0 | ||
| Building | 2007-05-01 | $1,282,835 | $184,956 | SL | 39.000000000000 | $32,893 | $32,893 |
| Land | 2007-05-01 | $69,034 | L | $0 | $0 |
Investments Land Schedule2 InvestmentsLandSchedule2
Investment Land InvestmentLandGrp (4 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|---|
| Building | $3,498,133 | $654,952 | $2,843,181 | $2,843,181 |
| Land | $1,400,000 | $0 | $1,400,000 | $1,400,000 |
| Building | $1,282,835 | $217,849 | $1,064,986 | $1,064,986 |
| Land | $69,034 | $0 | $69,034 | $69,034 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (4 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| Finkelstein Partners Ltd | FMV | $39,277,132 | $13,043,936 |
| Shadow Creek Center LLC | FMV | $1,039,544 | $161,857 |
| Frost Bank Management | AT COST | $3,357,023 | $3,357,023 |
| Kilburn Media, LLC | AT COST | $200,000 | $200,000 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp (2 entries)
| CategoryCategoryTxt | Legal FeesLegalFeesAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Legal | $14,170 | $14,170 | $0 |
| Professional Fees | $1,575 | $1,575 | $0 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| Brazoria County MUD | $0 | $750 | $750 |
| Federal Taxes | $10,647 | $10,647 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (19 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Liability Insurance | $3,583 | $0 | $0 |
| Investment Expenses | $17,401 | $17,401 | $0 |
| Investment Expenses | $107,226 | $107,226 | $0 |
| Portfolio Deductions | $1 | $1 | $0 |
| Office Expenses | $327 | $0 | $0 |
| Depreciation | $14,453 | $14,453 | $0 |
| Management Fee | $16,122 | $16,122 | $0 |
| Office Expenses | $2,354 | $2,354 | $0 |
| Utilities | $19,744 | $19,744 | $0 |
| Repairs and Maintenance | $6,910 | $6,910 | $0 |
| Telephone | $2,781 | $2,781 | $0 |
| Insurance | $6,980 | $6,980 | $0 |
| Landscaping | $7,800 | $7,800 | $0 |
| Management Fee | $4,045 | $4,045 | $0 |
| Repairs and Maintenance | $1,501 | $1,501 | $0 |
| Utilities | $3,470 | $3,470 | $0 |
| Insurance | $10,638 | $10,638 | $0 |
| Office Expenses | $28 | $28 | $0 |
| landscape | $1,800 | $1,800 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| Passthrough from Finkelstein | $1,146,961 | $1,146,961 | $1,146,961 |
| Passthrough from Finkelstein | $2,494,799 | $2,494,799 | $2,494,799 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | To tie out capital accounts from pass through entities | Description |
| Amount | $8,330,128 | Amount |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (3 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| Finkelstein Payable - Cost Depletion | $321,166 | $493,210 |
| Estate of Hubert Payable | $212,676 | $212,676 |
| Tenant Deposits | $0 | $8,564 |
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 (5 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Foreign Taxes Paid from Finkelstein | $8,985 | $8,985 | $0 |
| Taxes & Operating Expenses | $534,347 | $534,347 | $0 |
| Foreign Taxes Paid from Frost | $306 | $306 | $0 |
| Taxes | $81,715 | $81,715 | $0 |
| Taxes | $14,401 | $14,401 | $0 |