JAMES AND ELIZABETH SOWELL FOUNDATION: Form 990PF, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- JAMES AND ELIZABETH SOWELL FOUNDATION (EIN 75-2641436)
- Tax period
- 2012-01-01 to 2012-12-31
- Filed
- 2013-07-15
- IRS object ID
- 201321979349100602
- 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
- Schedule B
- Accounting Fees Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Substantial Contributors Sch
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-07-15T10:27:07-05:00 | Timestamp |
| Tax Period End Date | 2012-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 750786316 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WEAVER AND TIDWELL LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2821 W 7TH STREET SUITE 700 | AddressLine1 |
| City | FORT WORTH | City |
| State | TX | State |
| ZIP Code | 76107 | 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 | 752641436 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JAMES AND ELIZABETH SOWELL FOUNDATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | JAME | NameControl |
| Phone | 2148713320 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1601 ELM STREET NO 300 | AddressLine1 |
| City | DALLAS | City |
| State | TX | State |
| ZIP Code | 75201 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | KEITH MARTIN | Name |
| Title | TREASURER | Title |
| Phone | 2148713320 | Phone |
| Date Signed | 2013-07-09 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | DANIEL M STEWART | Name |
| PTIN | P00415184 | PTIN |
| Phone | 8173327905 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exempt PF | X | ExemptPF |
| FMV Assets EOY | 8968626 | FMVAssetsEOY |
| Method Of Accounting Cash | X | MethodOfAccountingCash |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Received Rev And Expnss | 108667 | ContriReceivedRevAndExpnss |
| Interest On Savings Rev And Expnss | 841468 | InterestOnSavingsRevAndExpnss |
| Interest On Savings Net Invst Incm | 840632 | InterestOnSavingsNetInvstIncm |
| Dividends Rev And Expnss | 102434 | DividendsRevAndExpnss |
| Dividends Net Invst Incm | 102434 | DividendsNetInvstIncm |
| Net Gain Sale Assets Rev And Expnss | -213532 | NetGainSaleAssetsRevAndExpnss |
| Gross Sales Price | 21095 | GrossSalesPrice |
| Capital Gain Net Incm Net Invst Incm | 0 | CapitalGainNetIncmNetInvstIncm |
| Other Income Rev And Expnss | 70959 | OtherIncomeRevAndExpnss |
| Other Income Net Invst Incm | 0 | OtherIncomeNetInvstIncm |
| Total Revenue And Expenses | 909996 | TotalRevenueAndExpenses |
| Total Net Investment Income | 943066 | TotalNetInvestmentIncome |
| Comp Ofcr Dir Trst Rev And Expnss | 0 | CompOfcrDirTrstRevAndExpnss |
| Comp Ofcr Dir Trst Net Invst Incm | 0 | CompOfcrDirTrstNetInvstIncm |
| Comp Ofcr Dir Trst Dsbrs Chrtbl Prps | 0 | CompOfcrDirTrstDsbrsChrtblPrps |
| Accounting Fees Rev And Expnss | 2250 | AccountingFeesRevAndExpnss |
| Accounting Fees Net Invst Incm | 1125 | AccountingFeesNetInvstIncm |
| Accounting Fees Dsbrs Chrtbl Prps | 1125 | AccountingFeesDsbrsChrtblPrps |
| Other Expenses Rev And Expnss | 19141 | OtherExpensesRevAndExpnss |
| Other Expenses Net Invst Incm | 19141 | OtherExpensesNetInvstIncm |
| Other Expenses Dsbrs Chrtbl Prps | 0 | OtherExpensesDsbrsChrtblPrps |
| Tot Opr Expenses Rev And Expnss | 21391 | TotOprExpensesRevAndExpnss |
| Tot Opr Expenses Net Invst Incm | 20266 | TotOprExpensesNetInvstIncm |
| Tot Opr Expenses Dsbrs Chrtbl Prps | 1125 | TotOprExpensesDsbrsChrtblPrps |
| Contri Gifts Paid Rev And Expnss | 500757 | ContriGiftsPaidRevAndExpnss |
| Contri Gifts Paid Dsbrs Chrtbl Prps | 500757 | ContriGiftsPaidDsbrsChrtblPrps |
| Total Expenses Rev And Expnss | 522148 | TotalExpensesRevAndExpnss |
| Total Expenses Net Invst Incm | 20266 | TotalExpensesNetInvstIncm |
| Total Expenses Dsbrs Chrtbl Prps | 501882 | TotalExpensesDsbrsChrtblPrps |
| Excess Of Revenue Over Expenses | 387848 | ExcessOfRevenueOverExpenses |
| Net Investment Income | 922800 | NetInvestmentIncome |
Balance Sheets BalanceSheets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Savings And Temp Cash Invst BOY | 22441 | SavingsAndTempCashInvstBOY |
| Savings And Temp Cash Invst EOY | 2128242 | SavingsAndTempCashInvstEOY |
| Savings And Temp Cash Invst EOYFMV | 2128242 | SavingsAndTempCashInvstEOYFMV |
| Other Notes And Loans Rcvbl BOY | 1311689 | OtherNotesAndLoansRcvblBOY |
| Other Notes And Loans Rcvbl EOY | 0 | OtherNotesAndLoansRcvblEOY |
| Other Notes And Loans Rcvbl EOYFMV | 0 | OtherNotesAndLoansRcvblEOYFMV |
| Investments Corp Stock BOY | 2022814 | InvestmentsCorpStockBOY |
| Investments Corp Stock EOY | 1333992 | InvestmentsCorpStockEOY |
| Investments Corp Stock EOYFMV | 1333992 | InvestmentsCorpStockEOYFMV |
| Investments Other BOY | 4369586 | InvestmentsOtherBOY |
| Investments Other EOY | 4252495 | InvestmentsOtherEOY |
| Investments Other EOYFMV | 5506392 | InvestmentsOtherEOYFMV |
| Total Assets BOY | 7726530 | TotalAssetsBOY |
| Total Assets EOY | 7714729 | TotalAssetsEOY |
| Total Assets EOYFMV | 8968626 | TotalAssetsEOYFMV |
| Deferred Revenue BOY | 497465 | DeferredRevenueBOY |
| Total Liabilities BOY | 497465 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 0 | TotalLiabilitiesEOY |
| Org That Do Not Follow SFAS117 | X | OrgThatDoNotFollowSFAS117 |
| Capital Stock BOY | 0 | CapitalStockBOY |
| Capital Stock EOY | 0 | CapitalStockEOY |
| Paid In Or Capital Surplus BOY | 2281398 | PaidInOrCapitalSurplusBOY |
| Paid In Or Capital Surplus EOY | 2281398 | PaidInOrCapitalSurplusEOY |
| Retained Earnings BOY | 4947667 | RetainedEarningsBOY |
| Retained Earnings EOY | 5433331 | RetainedEarningsEOY |
| Total Net Assets BOY | 7229065 | TotalNetAssetsBOY |
| Total Net Assets EOY | 7714729 | TotalNetAssetsEOY |
| Total Liabilities Net Assets BOY | 7726530 | TotalLiabilitiesNetAssetsBOY |
| Total Liabilities Net Assets EOY | 7714729 | TotalLiabilitiesNetAssetsEOY |
Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Net Assets Fund Balances BOY | 7229065 | TotalNetAssetsFundBalancesBOY |
| Excess Of Revenue Over Expenses | 387848 | ExcessOfRevenueOverExpenses |
| Other Increases | 97816 | OtherIncreases |
| Subtotal | 7714729 | Subtotal |
| Other Decreases | 0 | OtherDecreases |
| Total Net Assets Fund Balances EOY | 7714729 | TotalNetAssetsFundBalancesEOY |
Capital Gains And Losses CapitalGainsAndLosses
Capital Gains And Losses Info CapitalGainsAndLossesInfo (6 entries)
| Description Of AssetDescriptionOfAsset | How AcquiredHowAcquired | Cost Or Other BasisCostOrOtherBasis | Gain Or LossGainOrLoss | Gains Minus Excess Or LossesGainsMinusExcessOrLosses | Gross Sales PriceGrossSalesPrice |
|---|---|---|---|---|---|
| TL VENTURES V INTERFUND | P | 107 | -107 | -107 | |
| MEDIPHASE VENTURE | P | 360 | 360 | 360 | |
| MEDIPHASE ANNEX | P | 20735 | 20735 | 20735 | |
| PRIME VIII | P | 198240 | -198240 | -198240 | |
| SERVICE EQUITY PARTNERS | P | 22753 | -22753 | -22753 | |
| TL VENTURES V INTERFUND | P | 13527 | -13527 | -13527 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -213532 | CapitalGainNetIncome |
Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable For4942 Tax | 0 | LiableFor4942Tax |
| Qualifying Distributions Year1 | 701552 | QualifyingDistributionsYear1 |
| Noncharitable Assets Year1 | 6593707 | NoncharitableAssetsYear1 |
| Distribution Ratio Year1 | 0.106397 | DistributionRatioYear1 |
| Qualifying Distributions Year2 | 486580 | QualifyingDistributionsYear2 |
| Noncharitable Assets Year2 | 7348209 | NoncharitableAssetsYear2 |
| Distribution Ratio Year2 | 0.066217 | DistributionRatioYear2 |
| Qualifying Distributions Year3 | 426422 | QualifyingDistributionsYear3 |
| Noncharitable Assets Year3 | 6338324 | NoncharitableAssetsYear3 |
| Distribution Ratio Year3 | 0.067277 | DistributionRatioYear3 |
| Qualifying Distributions Year4 | 1162054 | QualifyingDistributionsYear4 |
| Noncharitable Assets Year4 | 9815862 | NoncharitableAssetsYear4 |
| Distribution Ratio Year4 | 0.118385 | DistributionRatioYear4 |
| Qualifying Distributions Year5 | 515478 | QualifyingDistributionsYear5 |
| Noncharitable Assets Year5 | 8009961 | NoncharitableAssetsYear5 |
| Distribution Ratio Year5 | 0.064355 | DistributionRatioYear5 |
| Total Distribution Ratio | 0.422631 | TotalDistributionRatio |
| Average Distribution Ratio | 0.084526 | AverageDistributionRatio |
| Net Noncharitable Assets | 8023896 | NetNoncharitableAssets |
| Adjusted Noncharitable Assets | 678228 | AdjustedNoncharitableAssets |
| One Percent Net Investment Income | 9228 | OnePercentNetInvestmentIncome |
| Adj Nonchrtbl Assets And One | 687456 | AdjNonchrtblAssetsAndOnePct |
| Qualifying Distributions | 501882 | QualifyingDistributions |
Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | 18456 | InvestmentIncomeExciseTax |
| Tax Under Section511 | 0 | TaxUnderSection511 |
| Subtotal | 18456 | Subtotal |
| Subtitle A Tax | 0 | SubtitleATax |
| Tax Based On Investment Income | 18456 | TaxBasedOnInvestmentIncome |
| Tax Paid With Extension | 19000 | TaxPaidWithExtension |
| Total Credits And Payments | 19000 | TotalCreditsAndPayments |
| Form2220 Attached | X | Form2220Attached |
| Overpayment | 544 | Overpayment |
| Amount Credited To Next Year | 544 | AmountCreditedToNextYear |
| Amount To Be Refunded | 0 | AmountToBeRefunded |
Statements Regarding Activities StatementsRegardingActivities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Activities | 0 | LegislativePoliticalActivities |
| More Than100 Spent | 0 | MoreThan100Spent |
| Form1120 POL Filed | 0 | Form1120POLFiled |
| Sect4955 Tax On Organization | 0 | Sect4955TaxOnOrganization |
| Sect4955 Tax On Managers | 0 | Sect4955TaxOnManagers |
| Reimbursement Of Tax | 0 | ReimbursementOfTax |
| Activities Not Prev Reported | 0 | ActivitiesNotPrevReported |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylaws |
| Unrelated Bus Income Over1000 | 1 | UnrelatedBusIncomeOver1000 |
| Form990 T Filed | 1 | Form990TFiled |
| Termination Etc | 0 | TerminationEtc |
| Requirements Of Sect508e | 1 | RequirementsOfSect508e |
| At Least5000 In Assets | 1 | AtLeast5000InAssets |
| States Filed With | TX | StatesFiledWith |
| Form990 PF Filed With AG | 1 | Form990PFFiledWithAG |
| Private Operating Foundation | 0 | PrivateOperatingFoundation |
| New Substantial Contributors | 1 | NewSubstantialContributors |
| Interest In Controlled Entity | 0 | InterestInControlledEntity |
| Applicable Insurance Contract | 0 | ApplicableInsuranceContract |
| Comply With Public Inspection Rqr | 1 | ComplyWithPublicInspectionRqr |
| Website Address | NONE | WebsiteAddress |
| Books In Care Of Person Name | KEITH MARTIN | BooksInCareOfPersonName |
| Books In Care Of Phone Number | 2148713320 | BooksInCareOfPhoneNumber |
Books In Care Of US Address BooksInCareOfUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1601 ELM ST SUITE 300 | AddressLine1 |
| City | DALLAS | City |
| State | TX | State |
| ZIP Code | 75201 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Bank | 0 | ForeignBank |
Statements Regarding Acty4720 StatementsRegardingActy4720
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exchange With Dsqfly Person | 0 | SaleOrExchangeWithDsqflyPerson |
| Borrow Or Lend With Dsqfly Person | 0 | BorrowOrLendWithDsqflyPerson |
| Furnished Goods With Dsqfly Person | 1 | FurnishedGoodsWithDsqflyPerson |
| Pay Compensation To Dsqfly Person | 0 | PayCompensationToDsqflyPerson |
| Transfer Assets To Dsqfly Person | 0 | TransferAssetsToDsqflyPerson |
| Payment To Government Offical | 0 | PaymentToGovernmentOffical |
| Acts Fail To Qualify As Exceptions | 0 | ActsFailToQualifyAsExceptions |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActs |
| Undistributed Income Prior Years | 0 | UndistributedIncomePriorYears |
| Business Holdings | 1 | BusinessHoldings |
| Excess Business Holdings | 0 | ExcessBusinessHoldings |
| Jeopardy Investments | 0 | JeopardyInvestments |
| Uncorrected Jeopardy Investments | 0 | UncorrectedJeopardyInvestments |
| Influence Legislation | 0 | InfluenceLegislation |
| Influence Election | 0 | InfluenceElection |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Noncharitable Purpose | 0 | NoncharitablePurpose |
| Rcv Funds To Pay Prsnl Bnft Contract | 0 | RcvFundsToPayPrsnlBnftContract |
| Pay Premiums Prsnl Bnft Contract | 0 | PayPremiumsPrsnlBnftContract |
| Prohibited Tax Shelter Transactn | 0 | ProhibitedTaxShelterTransactn |
Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo
Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (4 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 |
|---|---|---|---|---|---|---|---|---|
| JAMES E SOWELL | ||||||||
| 1601 ELM ST SUITE 300 | DALLAS | TX | 75201 | PRES | 0.00 | 0 | 0 | 0 |
| ELIZABETH SOWELL | ||||||||
| 1601 ELM ST SUITE 300 | DALLAS | TX | 75201 | DIRECTOR | 0.00 | 0 | 0 | 0 |
| KEITH MARTIN | ||||||||
| 1601 ELM ST SUITE 300 | DALLAS | TX | 75201 | TREAS/SEC | 0.00 | 0 | 0 | 0 |
| LARRY JAMES | ||||||||
| 1601 ELM ST SUITE 300 | DALLAS | TX | 75201 | DIRECTOR | 0.00 | 0 | 0 | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Highest Paid Empl NONE | NONE | CompOfHighestPaidEmplNONE |
| Tot Number Of Oth Empl Paid Over50k | 0 | TotNumberOfOthEmplPaidOver50k |
| Comp Of Hghst Paid Cntrct NONE | NONE | CompOfHghstPaidCntrctNONE |
| Tot Number Of Cntrct Paid Over50k | 0 | TotNumberOfCntrctPaidOver50k |
Sum Of Program Related Investments SumOfProgramRelatedInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Minimum Investment Return MinimumInvestmentReturn
| Field | Value | IRS element (for citing) |
|---|---|---|
| Avg Monthly FMV Of Securities | 1678403 | AvgMonthlyFMVOfSecurities |
| Avg Monthly Cash Balances | 873850 | AvgMonthlyCashBalances |
| FMV All Other Noncharitable Assets | 5593834 | FMVAllOtherNoncharitableAssets |
| Total FMV Of Unused Assets | 8146087 | TotalFMVOfUnusedAssets |
| Reduction Claimed | 0 | ReductionClaimed |
| Acquisition Indebtedness | 0 | AcquisitionIndebtedness |
| Adj Total FMV Of Unused Assets | 8146087 | AdjTotalFMVOfUnusedAssets |
| Cash Deemed Charitable | 122191 | CashDeemedCharitable |
| Net Noncharitable Assets | 8023896 | NetNoncharitableAssets |
| Minimum Investment Return | 401195 | MinimumInvestmentReturn |
Distributable DistributableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | 401195 | MinimumInvestmentReturn |
| Tax Based On Investment Income | 18456 | TaxBasedOnInvestmentIncome |
| Income Tax For This Year | 11654 | IncomeTaxForThisYear |
| Total Tax | 30110 | TotalTax |
| Distributable Amount Before Adj | 371085 | DistributableAmountBeforeAdj |
| Recoveries Qlfy Distributions | 0 | RecoveriesQlfyDistributions |
| Distributable Amount Before Ded | 371085 | DistributableAmountBeforeDed |
| Deduction Fr Distributable | $0 | DeductionFrDistributableAmount |
| Distributable Amount As Adjusted | 371085 | DistributableAmountAsAdjusted |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | 501882 | ExpensesAndContributions |
| Program Related Investments Total | 0 | ProgramRelatedInvestmentsTotal |
| Qualifying Distributions | 501882 | QualifyingDistributions |
| One Pct Sect4940e Org Net Invst Incm | 0 | OnePctSect4940eOrgNetInvstIncm |
| Adj Qualifying Distributions | 501882 | AdjQualifyingDistributions |
Undistributed Income UndistributedIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable Amount As Adjusted | 371085 | DistributableAmountAsAdjusted |
| Undistributed Income Prior Year | 0 | UndistributedIncomePriorYear |
| Total For Prior Years | 0 | TotalForPriorYears |
| Excess Distri Carryover Year5 | 150818 | ExcessDistriCarryoverYear5 |
| Excess Distri Carryover Year4 | 711020 | ExcessDistriCarryoverYear4 |
| Excess Distri Carryover Year3 | 138975 | ExcessDistriCarryoverYear3 |
| Excess Distri Carryover Year2 | 138223 | ExcessDistriCarryoverYear2 |
| Excess Distri Carryover Year1 | 377701 | ExcessDistriCarryoverYear1 |
| Total Excess Distri Carryover | 1516737 | TotalExcessDistriCarryover |
| Qualifying Distributions | 501882 | QualifyingDistributions |
| Applied To Year1 | 0 | AppliedToYear1 |
| Applied To Prior Years | 0 | AppliedToPriorYears |
| Treated As Distri From Corpus | 0 | TreatedAsDistriFromCorpus |
| Applied To Current Year | 371085 | AppliedToCurrentYear |
| Remaining Distri From Corpus | 130797 | RemainingDistriFromCorpus |
| Excess Distri Cyov App CY Corpus | 0 | ExcessDistriCyovAppCYCorpus |
| Excess Distri Cyov Applied CY | 0 | ExcessDistriCyovAppliedCY |
| Total Corpus | 1647534 | TotalCorpus |
| Prior Year Undistributed Income | 0 | PriorYearUndistributedIncome |
| Prior Year Deficiency Or Tax | 0 | PriorYearDeficiencyOrTax |
| Taxable Amount1 | 0 | TaxableAmount1 |
| Taxable Amount2 | 0 | TaxableAmount2 |
| Undistributed Income CY | 0 | UndistributedIncomeCY |
| Distri From Corpus170b1 E Or4942g3 | 0 | DistriFromCorpus170b1EOr4942g3 |
| Excess Distri Cyov From Year5 | 150818 | ExcessDistriCyovFromYear5 |
| Excess Distri Cyov To Next Year | 1496716 | ExcessDistriCyovToNextYear |
| Excess From Year4 | 711020 | ExcessFromYear4 |
| Excess From Year3 | 138975 | ExcessFromYear3 |
| Excess From Year2 | 138223 | ExcessFromYear2 |
| Excess From Year1 | 377701 | ExcessFromYear1 |
| Excess From Current Year | 130797 | ExcessFromCurrentYear |
Supplementary Information SupplementaryInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | JAMES E SOWELL | ContributingManager |
| Contributing Manager | ELIZABETH SOWELL | ContributingManager |
| Only Contributes To Preselected | X | OnlyContributesToPreselected |
Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (2 entries)
| Address Line1RecipientUSAddress/AddressLine1 | CityRecipientUSAddress/City | StateRecipientUSAddress/State | ZIP CodeRecipientUSAddress/ZIPCode | Recipient RelationshipRecipientRelationship | Recipient Foundation StatusRecipientFoundationStatus | Purpose Of Grant Or ContributionPurposeOfGrantOrContribution | AmountAmount |
|---|---|---|---|---|---|---|---|
| CITYSQUARE | |||||||
| 511 N AKARD ST STE 302 | DALLAS | TX | 75201 | NONE | 501(C)3 | GENERAL | $500,004 |
| GRAND BANK - PASSTHROUGH CHARITABLE CONTRIBUTIONS | |||||||
| 16660 DALLAS PARKWAY | DALLAS | TX | 75248 | NONE | 501(C)3 | GENERAL | $753 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Grant Or Contri Paid During Year | 500757 | TotGrantOrContriPaidDuringYear |
| Tot Grant Or Contri Approved Future | 0 | TotGrantOrContriApprovedFuture |
Analysis Income Producing Acty AnalysisIncomeProducingActy
Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $841,468 | ExclusionAmount |
Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $102,434 | ExclusionAmount |
Other Investment Income Part VII OtherInvestmentIncomePartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Code | 900099 | BusinessCode |
| Unrelated Business Income | $69,125 | UnrelatedBusinessIncomeAmount |
Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 18 | ExclusionCode |
| Exclusion | -$213,532 | ExclusionAmount |
Other Revenue Described OtherRevenueDescribed
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | EXCISE TAX REFUND | Description |
| Exclusion | $1,834 | ExclusionAmount |
Subtotals Part XVIA SubtotalsPartXVIA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Income | $69,125 | UnrelatedBusinessIncomeAmount |
| Exclusion | $732,204 | ExclusionAmount |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Part XVIA | 801329 | TotalPartXVIA |
Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Noncharitable EO | 0 | TrnsfrOfCashToNoncharitableEO |
| Trnsfr Oth Assets Noncharitable EO | 0 | TrnsfrOthAssetsNoncharitableEO |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssets |
| Purchase Assets Noncharitable EO | 0 | PurchaseAssetsNoncharitableEO |
| Rental Of Facilities Etc | 0 | RentalOfFacilitiesEtc |
| Reimbursement Arrangements | 0 | ReimbursementArrangements |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuarantees |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtc |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtc |
| Relationships Noncharitable E Os | 0 | RelationshipsNoncharitableEOs |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | X | Organization501c3ExemptPF |
| General Rule | X | GeneralRule |
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | 1 | ContributorNumber |
| Contributor Name Individual | JAMES E SOWELL | ContributorNameIndividual |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1601 ELM ST STE 300 | AddressLine1 |
| City | DALLAS | City |
| State | TX | State |
| ZIP Code | 75201 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | 108667 | AggregateContributions |
| Person Contribution Type | X | PersonContributionType |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees AccountingFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING EXPENSE | Category |
| Amount | $2,250 | Amount |
| Net Investment Income | 1125 | NetInvestmentIncome |
| Disbursements Charitable Prps | 1125 | DisbursementsCharitablePrps |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corp Stock InvestmentsCorpStock (3 entries)
| Name Of StockNameOfStock | EOY Book ValueEOYBookValue | EOYFMVEOYFMV |
|---|---|---|
| GRAND BANK, INC. STOCK | 966312 | 966312 |
| SOVEREIGN BANCSHARES | 100000 | 100000 |
| MAIN STREET NATIONAL BANK | 267680 | 267680 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOther (6 entries)
| Category Or ItemCategoryOrItem | Listed At Cost Or FMVListedAtCostOrFMV | Book ValueBookValue | EOYFMVEOYFMV |
|---|---|---|---|
| TRANSAMERICA LIFE INSURANCE POLICIES | AT COST | 2771701 | 4016436 |
| MEDIPHASE VENTURE PARTNERSHIP | AT COST | 493880 | 493880 |
| MEDIPHASE ANNEX FUND | AT COST | 594298 | 594298 |
| SERVICE EQUITY PARTNERSHIP | AT COST | 254826 | 254826 |
| TL VENTURES V INTERFUND | AT COST | 137790 | 137790 |
| PRIME VIII | AT COST | 0 | 9162 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | Revenue And Expenses Per BooksRevenueAndExpensesPerBooks | Net Investment IncomeNetInvestmentIncome | Disbursements Charitable PrpsDisbursementsCharitablePrps |
|---|---|---|---|
| MEDIPHASE VENTURE-PASSTHROUGH | 5831 | 5831 | 0 |
| MEDIPHASE ANNEX-PASSSTHROUGH | 3906 | 3906 | 0 |
| PRIME VIII-PASSTHROUGH | 1274 | 1274 | 0 |
| SERVICE EQUITY PARTNERS-PASSTHROUGH | 2553 | 2553 | 0 |
| TL VENTURES V INTERFUND | 5577 | 5577 | 0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income OtherIncome (3 entries)
| DescriptionDescription | Revenue And Expenses Per BooksRevenueAndExpensesPerBooks | Net Investment IncomeNetInvestmentIncome | Adjusted Net IncomeAdjustedNetIncome |
|---|---|---|---|
| GRAND BANK, INC. | 69114 | 0 | 69114 |
| TL VENTURES V INTERFUND | 11 | 0 | 11 |
| EXCISE TAX REFUND | 1834 | 1834 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases OtherIncreases
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | GAAP ADJUSTMENTS AND NONDEDUCTIBLE EXPENSES | Description |
| Amount | $97,816 | Amount |
Substantial Contributors Sch SubstantialContributorsSch
Substantial Contributor SubstantialContributor
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person Name | JAMES E SOWELL | PersonName |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1601 ELM ST STE 300 | AddressLine1 |
| City | DALLAS | City |
| State | TX | State |
| ZIP Code | 75201 | ZIPCode |
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