JOHN AND PATRICIA ADAMS FOUNDATION: Form 990PF, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- JOHN AND PATRICIA ADAMS FOUNDATION (EIN 20-4480039)
- Tax period
- 2012-01-01 to 2012-12-31
- Filed
- 2013-05-14
- IRS object ID
- 201311349349102601
- Schema version
- 2012v2.1
- 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
- Amortization Schedule
- Compensation Explanation
- Gain Loss Sale Other Assets Sch
- Investments Corp Stock Schedule
- Land Etc Schedule2
- Other Expenses Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-05-14T16:05:47-05:00 | Timestamp |
| Tax Period End Date | 2012-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PSK LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3001 MEDLIN DR STE 100 | AddressLine1 |
| City | ARLINGTON | City |
| State | TX | State |
| ZIP Code | 76015 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnType |
| Tax Period Begin Date | 2012-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 204480039 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE JOHN AND PATRICIA ADAMS | BusinessNameLine1 |
| Business Name Line2 | FOUNDATION | BusinessNameLine2 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | JOHN | NameControl |
| Phone | 8175457281 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2350 AIRPORT FREEWAY SUITE 160 | AddressLine1 |
| City | BEDFORD | City |
| State | TX | State |
| ZIP Code | 76022 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JOHN ADAMS | Name |
| Title | PRESIDENT | Title |
| Phone | 8175457281 | Phone |
| Date Signed | 2013-05-06 | DateSigned |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | KATHY HOWLETT | Name |
| Phone | 8176643000 | Phone |
| Date Prepared | 2013-05-09 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exempt PF | X | ExemptPF |
| FMV Assets EOY | 5571522 | FMVAssetsEOY |
| Method Of Accounting Cash | X | MethodOfAccountingCash |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Not Required To Attach Schedule B | X | NotRequiredToAttachScheduleB |
| Interest On Savings Rev And Expnss | 52135 | InterestOnSavingsRevAndExpnss |
| Interest On Savings Net Invst Incm | 52135 | InterestOnSavingsNetInvstIncm |
| Interest On Savings Adj Net Incm | 52135 | InterestOnSavingsAdjNetIncm |
| Dividends Rev And Expnss | 132843 | DividendsRevAndExpnss |
| Dividends Net Invst Incm | 132843 | DividendsNetInvstIncm |
| Dividends Adj Net Incm | 132843 | DividendsAdjNetIncm |
| Net Gain Sale Assets Rev And Expnss | 53868 | NetGainSaleAssetsRevAndExpnss |
| Gross Sales Price | 1474642 | GrossSalesPrice |
| Total Revenue And Expenses | 238846 | TotalRevenueAndExpenses |
| Total Net Investment Income | 184978 | TotalNetInvestmentIncome |
| Total Adjusted Net Income | 184978 | TotalAdjustedNetIncome |
| Other Prof Fees Rev And Expnss | 5975 | OtherProfFeesRevAndExpnss |
| Other Prof Fees Net Invst Incm | 2199 | OtherProfFeesNetInvstIncm |
| Other Prof Fees Adj Net Incm | 191 | OtherProfFeesAdjNetIncm |
| Other Prof Fees Dsbrs Chrtbl Prps | 3585 | OtherProfFeesDsbrsChrtblPrps |
| Taxes Rev And Expnss | 3617 | TaxesRevAndExpnss |
| Taxes Net Invst Incm | 1809 | TaxesNetInvstIncm |
| Taxes Adj Net Incm | 1809 | TaxesAdjNetIncm |
| Other Expenses Rev And Expnss | 60204 | OtherExpensesRevAndExpnss |
| Other Expenses Net Invst Incm | 29741 | OtherExpensesNetInvstIncm |
| Other Expenses Adj Net Incm | 25242 | OtherExpensesAdjNetIncm |
| Other Expenses Dsbrs Chrtbl Prps | 5221 | OtherExpensesDsbrsChrtblPrps |
| Tot Opr Expenses Rev And Expnss | 69796 | TotOprExpensesRevAndExpnss |
| Tot Opr Expenses Net Invst Incm | 33749 | TotOprExpensesNetInvstIncm |
| Tot Opr Expenses Adj Net Incm | 27242 | TotOprExpensesAdjNetIncm |
| Tot Opr Expenses Dsbrs Chrtbl Prps | 8806 | TotOprExpensesDsbrsChrtblPrps |
| Contri Gifts Paid Rev And Expnss | 225520 | ContriGiftsPaidRevAndExpnss |
| Contri Gifts Paid Dsbrs Chrtbl Prps | 225520 | ContriGiftsPaidDsbrsChrtblPrps |
| Total Expenses Rev And Expnss | 295316 | TotalExpensesRevAndExpnss |
| Total Expenses Net Invst Incm | 33749 | TotalExpensesNetInvstIncm |
| Total Expenses Adj Net Incm | 27242 | TotalExpensesAdjNetIncm |
| Total Expenses Dsbrs Chrtbl Prps | 234326 | TotalExpensesDsbrsChrtblPrps |
| Excess Of Revenue Over Expenses | -56470 | ExcessOfRevenueOverExpenses |
| Net Investment Income | 151229 | NetInvestmentIncome |
| Adjusted Net Income | 157736 | AdjustedNetIncome |
Balance Sheets BalanceSheets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Savings And Temp Cash Invst BOY | 183654 | SavingsAndTempCashInvstBOY |
| Savings And Temp Cash Invst EOY | 153285 | SavingsAndTempCashInvstEOY |
| Savings And Temp Cash Invst EOYFMV | 153285 | SavingsAndTempCashInvstEOYFMV |
| Accounts Receivable | 10885 | AccountsReceivable |
| Accounts Receivable BOY | 12262 | AccountsReceivableBOY |
| Accounts Receivable EOY | 10885 | AccountsReceivableEOY |
| Accounts Receivable EOYFMV | 10885 | AccountsReceivableEOYFMV |
| Prepaid Expenses EOY | 2650 | PrepaidExpensesEOY |
| Investments Corp Stock BOY | 4866433 | InvestmentsCorpStockBOY |
| Investments Corp Stock EOY | 4840890 | InvestmentsCorpStockEOY |
| Investments Corp Stock EOYFMV | 5407352 | InvestmentsCorpStockEOYFMV |
| Land Building And Equipment Basis | 27475 | LandBuildingAndEquipmentBasis |
| Accum Deprec Land Bldg And Equip | 11753 | AccumDeprecLandBldgAndEquip |
| Land Building And Equipment BOY | 17553 | LandBuildingAndEquipmentBOY |
| Land Building And Equipment EOY | 15722 | LandBuildingAndEquipmentEOY |
| Total Assets BOY | 5079902 | TotalAssetsBOY |
| Total Assets EOY | 5023432 | TotalAssetsEOY |
| Total Assets EOYFMV | 5571522 | TotalAssetsEOYFMV |
| Total Liabilities EOY | 0 | TotalLiabilitiesEOY |
| Org That Do Not Follow SFAS117 | X | OrgThatDoNotFollowSFAS117 |
| Retained Earnings BOY | 5079902 | RetainedEarningsBOY |
| Retained Earnings EOY | 5023432 | RetainedEarningsEOY |
| Total Net Assets BOY | 5079902 | TotalNetAssetsBOY |
| Total Net Assets EOY | 5023432 | TotalNetAssetsEOY |
| Total Liabilities Net Assets BOY | 5079902 | TotalLiabilitiesNetAssetsBOY |
| Total Liabilities Net Assets EOY | 5023432 | TotalLiabilitiesNetAssetsEOY |
Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Net Assets Fund Balances BOY | 5079902 | TotalNetAssetsFundBalancesBOY |
| Excess Of Revenue Over Expenses | -56470 | ExcessOfRevenueOverExpenses |
| Subtotal | 5023432 | Subtotal |
| Total Net Assets Fund Balances EOY | 5023432 | TotalNetAssetsFundBalancesEOY |
Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable For4942 Tax | false | LiableFor4942Tax |
| Qualifying Distributions Year1 | 286715 | QualifyingDistributionsYear1 |
| Noncharitable Assets Year1 | 5555192 | NoncharitableAssetsYear1 |
| Distribution Ratio Year1 | 0.051612 | DistributionRatioYear1 |
| Qualifying Distributions Year2 | 546581 | QualifyingDistributionsYear2 |
| Noncharitable Assets Year2 | 5336490 | NoncharitableAssetsYear2 |
| Distribution Ratio Year2 | 0.102423 | DistributionRatioYear2 |
| Qualifying Distributions Year3 | 515329 | QualifyingDistributionsYear3 |
| Noncharitable Assets Year3 | 5281302 | NoncharitableAssetsYear3 |
| Distribution Ratio Year3 | 0.097576 | DistributionRatioYear3 |
| Qualifying Distributions Year4 | 503570 | QualifyingDistributionsYear4 |
| Noncharitable Assets Year4 | 6345457 | NoncharitableAssetsYear4 |
| Distribution Ratio Year4 | 0.079359 | DistributionRatioYear4 |
| Qualifying Distributions Year5 | 492466 | QualifyingDistributionsYear5 |
| Noncharitable Assets Year5 | 6819362 | NoncharitableAssetsYear5 |
| Distribution Ratio Year5 | 0.072216 | DistributionRatioYear5 |
| Total Distribution Ratio | 0.403186 | TotalDistributionRatio |
| Average Distribution Ratio | 0.080637 | AverageDistributionRatio |
| Net Noncharitable Assets | 5441571 | NetNoncharitableAssets |
| Adjusted Noncharitable Assets | 438792 | AdjustedNoncharitableAssets |
| One Percent Net Investment Income | 1512 | OnePercentNetInvestmentIncome |
| Adj Nonchrtbl Assets And One | 440304 | AdjNonchrtblAssetsAndOnePct |
| Qualifying Distributions | 234326 | QualifyingDistributions |
Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | 3025 | InvestmentIncomeExciseTax |
| Subtotal | 3025 | Subtotal |
| Tax Based On Investment Income | 3025 | TaxBasedOnInvestmentIncome |
| Est Tax Payments And Overpayment | 2924 | EstTaxPaymentsAndOverpayment |
| Tax Paid With Extension | 192 | TaxPaidWithExtension |
| Total Credits And Payments | 3116 | TotalCreditsAndPayments |
| Form2220 Attached | X | Form2220Attached |
| Penalty For Underpayment | 9 | PenaltyForUnderpayment |
| Overpayment | 82 | Overpayment |
| Amount Credited To Next Year | 82 | AmountCreditedToNextYear |
Statements Regarding Activities StatementsRegardingActivities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Activities | false | LegislativePoliticalActivities |
| More Than100 Spent | false | MoreThan100Spent |
| Form1120 POL Filed | false | Form1120POLFiled |
| Activities Not Prev Reported | false | ActivitiesNotPrevReported |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylaws |
| Unrelated Bus Income Over1000 | false | UnrelatedBusIncomeOver1000 |
| Termination Etc | false | TerminationEtc |
| Requirements Of Sect508e | true | RequirementsOfSect508e |
| At Least5000 In Assets | true | AtLeast5000InAssets |
| States Filed With | TX | StatesFiledWith |
| Form990 PF Filed With AG | true | Form990PFFiledWithAG |
| Private Operating Foundation | false | PrivateOperatingFoundation |
| New Substantial Contributors | false | NewSubstantialContributors |
| Interest In Controlled Entity | false | InterestInControlledEntity |
| Applicable Insurance Contract | false | ApplicableInsuranceContract |
| Comply With Public Inspection Rqr | true | ComplyWithPublicInspectionRqr |
| Website Address | N/A | WebsiteAddress |
| Books In Care Of Person Name | WAYNE WARD | BooksInCareOfPersonName |
| Books In Care Of Phone Number | 8175457281 | BooksInCareOfPhoneNumber |
Books In Care Of US Address BooksInCareOfUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2350 AIRPORT FREEWAY SUITE 160 | AddressLine1 |
| City | BEDFORD | City |
| State | TX | State |
| ZIP Code | 76022 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Bank | false | ForeignBank |
Statements Regarding Acty4720 StatementsRegardingActy4720
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exchange With Dsqfly Person | false | SaleOrExchangeWithDsqflyPerson |
| Borrow Or Lend With Dsqfly Person | false | BorrowOrLendWithDsqflyPerson |
| Furnished Goods With Dsqfly Person | false | FurnishedGoodsWithDsqflyPerson |
| Pay Compensation To Dsqfly Person | false | PayCompensationToDsqflyPerson |
| Transfer Assets To Dsqfly Person | false | TransferAssetsToDsqflyPerson |
| Payment To Government Offical | false | PaymentToGovernmentOffical |
| Undistributed Income Prior Years | false | UndistributedIncomePriorYears |
| Business Holdings | false | BusinessHoldings |
| Jeopardy Investments | false | JeopardyInvestments |
| Uncorrected Jeopardy Investments | false | UncorrectedJeopardyInvestments |
| Influence Legislation | false | InfluenceLegislation |
| Influence Election | false | InfluenceElection |
| Grants To Individuals | false | GrantsToIndividuals |
| Grants To Organizations | false | GrantsToOrganizations |
| Noncharitable Purpose | false | NoncharitablePurpose |
| Rcv Funds To Pay Prsnl Bnft Contract | false | RcvFundsToPayPrsnlBnftContract |
| Pay Premiums Prsnl Bnft Contract | false | PayPremiumsPrsnlBnftContract |
| Prohibited Tax Shelter Transactn | false | ProhibitedTaxShelterTransactn |
Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo
Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (6 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | TitleTitle | Avg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPosition | CompensationCompensation | Contri To Empl Benefit Plans EtcContriToEmplBenefitPlansEtc | Expense Account Other AllowancesExpenseAccountOtherAllowances |
|---|---|---|---|---|---|---|---|---|
| JOHN ADAMS | ||||||||
| 2350 AIRPORT FREEWAY STE 222 | BEDFORD | TX | 76022 | PRESIDENT | 5.00 | 0 | 0 | 0 |
| PATRICIA ADAMS | ||||||||
| 2350 AIRPORT FREEWAY STE 222 | BEDFORD | TX | 76022 | SECRETARY | 5.00 | 0 | 0 | 0 |
| JOHN ADAMS JR | ||||||||
| 2350 AIRPORT FREEWAY STE 222 | BEDFORD | TX | 76022 | FORMER VP | 5.00 | 0 | 0 | 0 |
| LARY SNODGRASS | ||||||||
| 2350 AIRPORT FREEWAY STE 222 | BEDFORD | TX | 76022 | TRUSTEE | 5.00 | 0 | 0 | 0 |
| SAM P BURFORD JR | ||||||||
| 2350 AIRPORT FREEWAY STE 222 | BEDFORD | TX | 76022 | TRUSTEE | 5.00 | 0 | 0 | 0 |
| SHERRI ADAMS STEINFORD | ||||||||
| 1908 GROSVENOR LANE | COLLEYVILLE | TX | 76034 | TRUSTEE | 5.00 | 0 | 0 | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Highest Paid Empl NONE | NONE | CompOfHighestPaidEmplNONE |
| Comp Of Hghst Paid Cntrct NONE | NONE | CompOfHghstPaidCntrctNONE |
Summary Of Direct Charitable Acty SummaryOfDirectCharitableActy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | THE JOHN AND PATRICIA ADAMS FOUNDATION, A TAX-EXEMPT FOUNDATION, WAS ORGANIZED AND OPERATES TO PROMOTE THE AVAILABILITY OF HIGHER EDUCATION BY PROVIDING FUNDS AND SUPERVISION OF CLASSROOM EXPANSION AT INSTITUTIONS OF HIGHER LEARNING. | Description1 |
| Expenses1 | 234326 | Expenses1 |
Sum Of Program Related Investments SumOfProgramRelatedInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1 |
Minimum Investment Return MinimumInvestmentReturn
| Field | Value | IRS element (for citing) |
|---|---|---|
| Avg Monthly FMV Of Securities | 5358779 | AvgMonthlyFMVOfSecurities |
| Avg Monthly Cash Balances | 165659 | AvgMonthlyCashBalances |
| FMV All Other Noncharitable Assets | 0 | FMVAllOtherNoncharitableAssets |
| Total FMV Of Unused Assets | 5524438 | TotalFMVOfUnusedAssets |
| Adj Total FMV Of Unused Assets | 5524438 | AdjTotalFMVOfUnusedAssets |
| Cash Deemed Charitable | 82867 | CashDeemedCharitable |
| Net Noncharitable Assets | 5441571 | NetNoncharitableAssets |
| Minimum Investment Return | 272079 | MinimumInvestmentReturn |
Distributable DistributableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | 272079 | MinimumInvestmentReturn |
| Tax Based On Investment Income | 3025 | TaxBasedOnInvestmentIncome |
| Total Tax | 3025 | TotalTax |
| Distributable Amount Before Adj | 269054 | DistributableAmountBeforeAdj |
| Distributable Amount Before Ded | 269054 | DistributableAmountBeforeDed |
| Distributable Amount As Adjusted | 269054 | DistributableAmountAsAdjusted |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | 234326 | ExpensesAndContributions |
| Qualifying Distributions | 234326 | QualifyingDistributions |
| Adj Qualifying Distributions | 234326 | AdjQualifyingDistributions |
Undistributed Income UndistributedIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable Amount As Adjusted | 269054 | DistributableAmountAsAdjusted |
| Excess Distri Carryover Year1 | 11798 | ExcessDistriCarryoverYear1 |
| Total Excess Distri Carryover | 11798 | TotalExcessDistriCarryover |
| Qualifying Distributions | 234326 | QualifyingDistributions |
| Applied To Current Year | 234326 | AppliedToCurrentYear |
| Excess Distri Cyov App CY Corpus | 11798 | ExcessDistriCyovAppCYCorpus |
| Excess Distri Cyov Applied CY | 11798 | ExcessDistriCyovAppliedCY |
| Undistributed Income CY | 22930 | UndistributedIncomeCY |
Supplementary Information SupplementaryInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contributes To Preselected | X | OnlyContributesToPreselected |
Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (5 entries)
| Address Line1RecipientUSAddress/AddressLine1 | CityRecipientUSAddress/City | StateRecipientUSAddress/State | ZIP CodeRecipientUSAddress/ZIPCode | Recipient RelationshipRecipientRelationship | Recipient Foundation StatusRecipientFoundationStatus | Purpose Of Grant Or ContributionPurposeOfGrantOrContribution | AmountAmount | Business Name Line2RecipientBusinessName/BusinessNameLine2 | Address Line2RecipientUSAddress/AddressLine2 |
|---|---|---|---|---|---|---|---|---|---|
| HEIDELBERG COLLEGE | |||||||||
| 310 E MARKET ST | TIFFIN | OH | 44883 | NONE | 501(C)3 | PATRICIA ADAM LECTURE SERIES | $50,000 | ||
| NORTHWEST COLORADO VISIT | |||||||||
| 940 CENTRAL PARK DR | STEAMBOAT SPRINGS | CO | 80487 | NONE | 501(C)3 | ROLLINGSTONE RESPITE HOUSE | $10,000 | ING NURSE ASSOCIATION INC | STE 101 |
| AUSTIN COLLEGE | |||||||||
| 900 NORTH GRAND AVENUE | SHERMAN | TX | 750904400 | NONE | 501(C)3 | SCIENCE CENTER/IDEA CENTER | $120,520 | SUITE 6P | |
| HEIDELBERG COLLEGE | |||||||||
| 310 E MARKET ST | TIFFIN | OH | 44883 | NONE | 501(C)3 | SAURWEIN HEALTH & WELLNESS CTR | $20,000 | ||
| RANGER ACADEMIC ENRICHMENT FTD | |||||||||
| PO BOX 179 | PERRYTON | TX | 79070 | NONE | 501(C)3 | PATHWAY SCHOLARSHIP PROGRAM | $25,000 | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Grant Or Contri Paid During Year | 225520 | TotGrantOrContriPaidDuringYear |
Analysis Income Producing Acty AnalysisIncomeProducingActy
Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $52,135 | ExclusionAmount |
Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $132,843 | ExclusionAmount |
Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 18 | ExclusionCode |
| Exclusion | $53,868 | ExclusionAmount |
Subtotals Part XVIA SubtotalsPartXVIA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $238,846 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Part XVIA | 238846 | TotalPartXVIA |
Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Noncharitable EO | false | TrnsfrOfCashToNoncharitableEO |
| Trnsfr Oth Assets Noncharitable EO | false | TrnsfrOthAssetsNoncharitableEO |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssets |
| Purchase Assets Noncharitable EO | false | PurchaseAssetsNoncharitableEO |
| Rental Of Facilities Etc | false | RentalOfFacilitiesEtc |
| Reimbursement Arrangements | false | ReimbursementArrangements |
| Loans Or Loan Guarantees | false | LoansOrLoanGuarantees |
| Performance Of Services Etc | false | PerformanceOfServicesEtc |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtc |
| Relationships Noncharitable E Os | false | RelationshipsNoncharitableEOs |
Amortization Schedule AmortizationSchedule
Amortization Amortization
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description Of Amortized Expenses | ORGANIZATION COSTS | DescriptionOfAmortizedExpenses |
| Date Acquired Completed Expended | 2006-08-24 | DateAcquiredCompletedExpended |
| Amount Amortized | 27475 | AmountAmortized |
| Deduction For Prior Years | 9922 | DeductionForPriorYears |
| Amortization Period | 15.0000 | AmortizationPeriod |
| Current Year Amortization | 1831 | CurrentYearAmortization |
| Net Investment Income | 1703 | NetInvestmentIncome |
| Adjusted Net Income | 128 | AdjustedNetIncome |
| Total Amount Of Amortization | 11753 | TotalAmountOfAmortization |
Compensation Explanation CompensationExplanation
Compensation Compensation (6 entries)
| JOHN ADAMS |
| PATRICIA ADAMS |
| JOHN ADAMS JR |
| LARY SNODGRASS |
| SAM P BURFORD JR |
| SHERRI ADAMS STEINFORD |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAsset
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | INVESTMENT SALES - M LYNCH | Name |
| Date Acquired | 2008-01 | DateAcquired |
| How Acquired | PURCHASE | HowAcquired |
| Date Sold | 2012-12 | DateSold |
| Gross Sales Price | 1474642 | GrossSalesPrice |
| Basis | 1416028 | Basis |
| Sales Expense | 4746 | SalesExpense |
| Total Net | 53868 | TotalNet |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corp Stock InvestmentsCorpStock
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Stock | MUTUAL FUNDS - MERRILL LYNCH | NameOfStock |
| EOY Book Value | 4840890 | EOYBookValue |
| EOYFMV | 5407352 | EOYFMV |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | ACCUMULATED DEPRECIATION | CategoryOrItem |
| Cost Or Other Basis | 27475 | CostOrOtherBasis |
| Accumulated Depreciation | 11753 | AccumulatedDepreciation |
| Book Value | 15722 | BookValue |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses OtherExpenses (3 entries)
| DescriptionDescription | Revenue And Expenses Per BooksRevenueAndExpensesPerBooks | Net Investment IncomeNetInvestmentIncome | Adjusted Net IncomeAdjustedNetIncome | Disbursements Charitable PrpsDisbursementsCharitablePrps |
|---|---|---|---|---|
| EXPENSES | ||||
| INVESTMENT MANAGEMENT FEES | 49671 | 24836 | 24836 | |
| OFFICE EXPENSES | 8702 | 3202 | 278 | 5221 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees OtherProfessionalFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCTING, LEGAL, & CONSULTING | Category |
| Amount | $5,975 | Amount |
| Net Investment Income | 2199 | NetInvestmentIncome |
| Adjusted Net Income | 191 | AdjustedNetIncome |
| Disbursements Charitable Prps | 3585 | DisbursementsCharitablePrps |
Taxes Schedule TaxesSchedule
Taxes Taxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FOREIGN TAXES | Category |
| Amount | $3,617 | Amount |
| Net Investment Income | 1809 | NetInvestmentIncome |
| Adjusted Net Income | 1809 | AdjustedNetIncome |
Comments