MEDALLION FOUNDATION INC: Form 990PF, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- MEDALLION FOUNDATION INC (EIN 76-0141071)
- Tax period
- 2012-01-01 to 2012-12-31
- Filed
- 2013-11-13
- IRS object ID
- 201323179349100437
- 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
- Investments Other Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Reduction Explanation Statement
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-11-13T12:03:36-06:00 | Timestamp |
| Tax Period End Date | 2012-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 880320217 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LL Bradford & Company | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| 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 | ReturnType |
| Tax Period Begin Date | 2012-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 760141071 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Medallion Foundation Inc | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | MEDA | NameControl |
| Phone | 7136291381 | Phone |
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 |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Robert J Pilegge | Name |
| Title | Director | Title |
| Phone | 7136291381 | Phone |
| Date Signed | 2013-11-13 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | John Thayer | Name |
| PTIN | P00223490 | PTIN |
| Phone | 2815528430 | Phone |
| 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 | 21483950 | 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 | 1369946 | InterestOnSavingsRevAndExpnss |
| Interest On Savings Net Invst Incm | 1369946 | InterestOnSavingsNetInvstIncm |
| Dividends Rev And Expnss | 351609 | DividendsRevAndExpnss |
| Dividends Net Invst Incm | 351609 | DividendsNetInvstIncm |
| Gross Rents Rev And Expnss | 39651 | GrossRentsRevAndExpnss |
| Gross Rents Net Invst Incm | 39651 | GrossRentsNetInvstIncm |
| Net Rental Income Or Loss | 39651 | NetRentalIncomeOrLoss |
| Net Gain Sale Assets Rev And Expnss | -18280916 | NetGainSaleAssetsRevAndExpnss |
| Gross Sales Price | 9499242 | GrossSalesPrice |
| Capital Gain Net Incm Net Invst Incm | 0 | CapitalGainNetIncmNetInvstIncm |
| Other Income Rev And Expnss | 832413 | OtherIncomeRevAndExpnss |
| Other Income Net Invst Incm | 832413 | OtherIncomeNetInvstIncm |
| Total Revenue And Expenses | -15687297 | TotalRevenueAndExpenses |
| Total Net Investment Income | 2593619 | TotalNetInvestmentIncome |
| Comp Ofcr Dir Trst Rev And Expnss | 38000 | CompOfcrDirTrstRevAndExpnss |
| Comp Ofcr Dir Trst Net Invst Incm | 19000 | CompOfcrDirTrstNetInvstIncm |
| Comp Ofcr Dir Trst Dsbrs Chrtbl Prps | 19000 | CompOfcrDirTrstDsbrsChrtblPrps |
| Legal Fees Rev And Expnss | 22198 | LegalFeesRevAndExpnss |
| Legal Fees Net Invst Incm | 22198 | LegalFeesNetInvstIncm |
| Legal Fees Dsbrs Chrtbl Prps | 0 | LegalFeesDsbrsChrtblPrps |
| Taxes Rev And Expnss | 736004 | TaxesRevAndExpnss |
| Taxes Net Invst Incm | 736004 | TaxesNetInvstIncm |
| Taxes Dsbrs Chrtbl Prps | 0 | TaxesDsbrsChrtblPrps |
| Deprec And Depletion Rev And Expnss | 318146 | DeprecAndDepletionRevAndExpnss |
| Deprec And Depletion Net Invst Incm | 318146 | DeprecAndDepletionNetInvstIncm |
| Printing And Pub Rev And Expnss | 152 | PrintingAndPubRevAndExpnss |
| Printing And Pub Net Invst Incm | 152 | PrintingAndPubNetInvstIncm |
| Printing And Pub Dsbrs Chrtbl Prps | 0 | PrintingAndPubDsbrsChrtblPrps |
| Other Expenses Rev And Expnss | 193147 | OtherExpensesRevAndExpnss |
| Other Expenses Net Invst Incm | 193147 | OtherExpensesNetInvstIncm |
| Other Expenses Dsbrs Chrtbl Prps | 0 | OtherExpensesDsbrsChrtblPrps |
| Tot Opr Expenses Rev And Expnss | 1307647 | TotOprExpensesRevAndExpnss |
| Tot Opr Expenses Net Invst Incm | 1288647 | TotOprExpensesNetInvstIncm |
| Tot Opr Expenses Dsbrs Chrtbl Prps | 19000 | TotOprExpensesDsbrsChrtblPrps |
| Contri Gifts Paid Rev And Expnss | 727473 | ContriGiftsPaidRevAndExpnss |
| Contri Gifts Paid Dsbrs Chrtbl Prps | 727473 | ContriGiftsPaidDsbrsChrtblPrps |
| Total Expenses Rev And Expnss | 2035120 | TotalExpensesRevAndExpnss |
| Total Expenses Net Invst Incm | 1288647 | TotalExpensesNetInvstIncm |
| Total Expenses Dsbrs Chrtbl Prps | 746473 | TotalExpensesDsbrsChrtblPrps |
| Excess Of Revenue Over Expenses | -17722417 | ExcessOfRevenueOverExpenses |
| Net Investment Income | 1304972 | NetInvestmentIncome |
Balance Sheets BalanceSheets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Savings And Temp Cash Invst BOY | 172710 | SavingsAndTempCashInvstBOY |
| Savings And Temp Cash Invst EOY | 117624 | SavingsAndTempCashInvstEOY |
| Savings And Temp Cash Invst EOYFMV | 117624 | SavingsAndTempCashInvstEOYFMV |
| Accounts Receivable | 8839904 | AccountsReceivable |
| Accounts Receivable BOY | 132129 | AccountsReceivableBOY |
| Accounts Receivable EOY | 8839904 | AccountsReceivableEOY |
| Accounts Receivable EOYFMV | 6444804 | AccountsReceivableEOYFMV |
| Investments Other BOY | 62962628 | InvestmentsOtherBOY |
| Investments Other EOY | 37217170 | InvestmentsOtherEOY |
| Investments Other EOYFMV | 14921522 | InvestmentsOtherEOYFMV |
| Other Assets BOY | 95806 | OtherAssetsBOY |
| Other Assets EOY | 0 | OtherAssetsEOY |
| Other Assets EOYFMV | 0 | OtherAssetsEOYFMV |
| Total Assets BOY | 63363273 | TotalAssetsBOY |
| Total Assets EOY | 46174698 | TotalAssetsEOY |
| Total Assets EOYFMV | 21483950 | TotalAssetsEOYFMV |
| Other Liabilities BOY | 0 | OtherLiabilitiesBOY |
| Other Liabilities EOY | 533842 | OtherLiabilitiesEOY |
| Total Liabilities BOY | 0 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 533842 | TotalLiabilitiesEOY |
| Org That Do Not Follow SFAS117 | X | OrgThatDoNotFollowSFAS117 |
| Capital Stock BOY | 1774205 | CapitalStockBOY |
| Capital Stock EOY | 1774205 | CapitalStockEOY |
| Paid In Or Capital Surplus BOY | 0 | PaidInOrCapitalSurplusBOY |
| Paid In Or Capital Surplus EOY | 0 | PaidInOrCapitalSurplusEOY |
| Retained Earnings BOY | 61589068 | RetainedEarningsBOY |
| Retained Earnings EOY | 43866651 | RetainedEarningsEOY |
| Total Net Assets BOY | 63363273 | TotalNetAssetsBOY |
| Total Net Assets EOY | 45640856 | TotalNetAssetsEOY |
| Total Liabilities Net Assets BOY | 63363273 | TotalLiabilitiesNetAssetsBOY |
| Total Liabilities Net Assets EOY | 46174698 | TotalLiabilitiesNetAssetsEOY |
Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Net Assets Fund Balances BOY | 63363273 | TotalNetAssetsFundBalancesBOY |
| Excess Of Revenue Over Expenses | -17722417 | ExcessOfRevenueOverExpenses |
| Other Increases | 0 | OtherIncreases |
| Subtotal | 45640856 | Subtotal |
| Other Decreases | 0 | OtherDecreases |
| Total Net Assets Fund Balances EOY | 45640856 | TotalNetAssetsFundBalancesEOY |
Capital Gains And Losses CapitalGainsAndLosses
Capital Gains And Losses Info CapitalGainsAndLossesInfo (8 entries)
| Description Of AssetDescriptionOfAsset | How AcquiredHowAcquired | Gross Sales PriceGrossSalesPrice | Gain Or LossGainOrLoss | Gains Minus Excess Or LossesGainsMinusExcessOrLosses | Cost Or Other BasisCostOrOtherBasis |
|---|---|---|---|---|---|
| Passthrough from Finkelstein | P | 46780 | 46780 | 46780 | |
| Passthrough from Finkelstein | P | 202190 | 202190 | 202190 | |
| Frost Bank Trustee | P | 176065 | -16886 | -16886 | 192951 |
| Frost Bank Trustee | P | 66708 | -12465 | -12465 | 79173 |
| Frost Bank Trustee | P | 13773 | -1689 | -1689 | 15462 |
| Frost Bank Trustee | P | 491323 | 36147 | 36147 | 455176 |
| Frost Bank Trustee | P | 7303 | 7303 | 7303 | |
| Sale of Finkelstein Partnership Int. | P | 8495100 | -18542296 | -18542296 | 27037396 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -18280916 | CapitalGainNetIncome |
Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable For4942 Tax | 0 | LiableFor4942Tax |
| Qualifying Distributions Year1 | 1421422 | QualifyingDistributionsYear1 |
| Noncharitable Assets Year1 | 24490638 | NoncharitableAssetsYear1 |
| Distribution Ratio Year1 | 0.058039 | DistributionRatioYear1 |
| Qualifying Distributions Year2 | 82550 | QualifyingDistributionsYear2 |
| Noncharitable Assets Year2 | 28995847 | NoncharitableAssetsYear2 |
| Distribution Ratio Year2 | 0.002847 | DistributionRatioYear2 |
| Qualifying Distributions Year3 | 959858 | QualifyingDistributionsYear3 |
| Noncharitable Assets Year3 | 53306403 | NoncharitableAssetsYear3 |
| Distribution Ratio Year3 | 0.018006 | DistributionRatioYear3 |
| Qualifying Distributions Year4 | 2588776 | QualifyingDistributionsYear4 |
| Noncharitable Assets Year4 | 46716997 | NoncharitableAssetsYear4 |
| Distribution Ratio Year4 | 0.055414 | DistributionRatioYear4 |
| Qualifying Distributions Year5 | 1739628 | QualifyingDistributionsYear5 |
| Noncharitable Assets Year5 | 35789597 | NoncharitableAssetsYear5 |
| Distribution Ratio Year5 | 0.048607 | DistributionRatioYear5 |
| Total Distribution Ratio | 0.182913 | TotalDistributionRatio |
| Average Distribution Ratio | 0.036583 | AverageDistributionRatio |
| Net Noncharitable Assets | 14813560 | NetNoncharitableAssets |
| Adjusted Noncharitable Assets | 541924 | AdjustedNoncharitableAssets |
| One Percent Net Investment Income | 13050 | OnePercentNetInvestmentIncome |
| Adj Nonchrtbl Assets And One | 554974 | AdjNonchrtblAssetsAndOnePct |
| Qualifying Distributions | 746473 | QualifyingDistributions |
Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | X | DomesticOrgMeetingSect4940e |
| Investment Income Excise Tax | 13050 | InvestmentIncomeExciseTax |
| Tax Under Section511 | 0 | TaxUnderSection511 |
| Subtotal | 13050 | Subtotal |
| Subtitle A Tax | 0 | SubtitleATax |
| Tax Based On Investment Income | 13050 | TaxBasedOnInvestmentIncome |
| Est Tax Payments And Overpayment | 15603 | EstTaxPaymentsAndOverpayment |
| Total Credits And Payments | 15603 | TotalCreditsAndPayments |
| Overpayment | 2553 | Overpayment |
| Amount Credited To Next Year | 2553 | 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 | 0 | UnrelatedBusIncomeOver1000 |
| Termination Etc | 0 | TerminationEtc |
| Requirements Of Sect508e | 0 | 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 | 0 | NewSubstantialContributors |
| Interest In Controlled Entity | 0 | InterestInControlledEntity |
| Applicable Insurance Contract | 0 | ApplicableInsuranceContract |
| Comply With Public Inspection Rqr | 1 | ComplyWithPublicInspectionRqr |
| Website Address | N/A | WebsiteAddress |
Books In Care Of Business Name BooksInCareOfBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Medallion Foundation | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Books In Care Of Phone Number | 7136540144 | BooksInCareOfPhoneNumber |
Books In Care Of US Address BooksInCareOfUSAddress
| 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 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 | 0 | FurnishedGoodsWithDsqflyPerson |
| Pay Compensation To Dsqfly Person | 0 | PayCompensationToDsqflyPerson |
| Transfer Assets To Dsqfly Person | 0 | TransferAssetsToDsqflyPerson |
| Payment To Government Offical | 0 | PaymentToGovernmentOffical |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActs |
| Undistributed Income Prior Years | 0 | UndistributedIncomePriorYears |
| Business Holdings | 0 | BusinessHoldings |
| 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 |
|---|---|---|---|---|---|---|---|---|
| Robert J Pilegge | ||||||||
| 1407 Fannin St | Houston | TX | 77002 | Director | 4.00 | 12000 | 0 | 0 |
| Jereld E McQueen | ||||||||
| 1407 Fannin St | Houston | TX | 77002 | Director | 3.00 | 12000 | 0 | 0 |
| Mark L Entmann | ||||||||
| 4849 Dumfries | Houston | TX | 77096 | Director | 2.00 | 12000 | 0 | 0 |
| Philip A Donisi | ||||||||
| 1407 Fannin St | Houston | TX | 77002 | Director | 3.00 | 2000 | 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 | 0 | AvgMonthlyFMVOfSecurities |
| Avg Monthly Cash Balances | 117624 | AvgMonthlyCashBalances |
| FMV All Other Noncharitable Assets | 14921523 | FMVAllOtherNoncharitableAssets |
| Total FMV Of Unused Assets | 15039147 | TotalFMVOfUnusedAssets |
| Reduction Claimed | 7099897 | ReductionClaimed |
| Acquisition Indebtedness | 0 | AcquisitionIndebtedness |
| Adj Total FMV Of Unused Assets | 15039147 | AdjTotalFMVOfUnusedAssets |
| Cash Deemed Charitable | 225587 | CashDeemedCharitable |
| Net Noncharitable Assets | 14813560 | NetNoncharitableAssets |
| Minimum Investment Return | 740678 | MinimumInvestmentReturn |
Distributable DistributableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | 740678 | MinimumInvestmentReturn |
| Tax Based On Investment Income | 13050 | TaxBasedOnInvestmentIncome |
| Total Tax | 13050 | TotalTax |
| Distributable Amount Before Adj | 727628 | DistributableAmountBeforeAdj |
| Recoveries Qlfy Distributions | 0 | RecoveriesQlfyDistributions |
| Distributable Amount Before Ded | 727628 | DistributableAmountBeforeDed |
| Deduction Fr Distributable | $0 | DeductionFrDistributableAmount |
| Distributable Amount As Adjusted | 727628 | DistributableAmountAsAdjusted |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | 746473 | ExpensesAndContributions |
| Program Related Investments Total | 0 | ProgramRelatedInvestmentsTotal |
| Qualifying Distributions | 746473 | QualifyingDistributions |
| One Pct Sect4940e Org Net Invst Incm | 13050 | OnePctSect4940eOrgNetInvstIncm |
| Adj Qualifying Distributions | 733423 | AdjQualifyingDistributions |
Undistributed Income UndistributedIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable Amount As Adjusted | 727628 | DistributableAmountAsAdjusted |
| Undistributed Income Prior Year | 0 | UndistributedIncomePriorYear |
| Total For Prior Years | 0 | TotalForPriorYears |
| Excess Distri Carryover Year5 | 0 | ExcessDistriCarryoverYear5 |
| Excess Distri Carryover Year4 | 0 | ExcessDistriCarryoverYear4 |
| Excess Distri Carryover Year3 | 0 | ExcessDistriCarryoverYear3 |
| Excess Distri Carryover Year2 | 174367 | ExcessDistriCarryoverYear2 |
| Excess Distri Carryover Year1 | 197978 | ExcessDistriCarryoverYear1 |
| Total Excess Distri Carryover | 372345 | TotalExcessDistriCarryover |
| Qualifying Distributions | 746473 | QualifyingDistributions |
| Applied To Year1 | 0 | AppliedToYear1 |
| Applied To Prior Years | 0 | AppliedToPriorYears |
| Treated As Distri From Corpus | 0 | TreatedAsDistriFromCorpus |
| Applied To Current Year | 727628 | AppliedToCurrentYear |
| Remaining Distri From Corpus | 18845 | RemainingDistriFromCorpus |
| Excess Distri Cyov App CY Corpus | 0 | ExcessDistriCyovAppCYCorpus |
| Excess Distri Cyov Applied CY | 0 | ExcessDistriCyovAppliedCY |
| Total Corpus | 391190 | 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 | 0 | ExcessDistriCyovFromYear5 |
| Excess Distri Cyov To Next Year | 391190 | ExcessDistriCyovToNextYear |
| Excess From Year2 | 174367 | ExcessFromYear2 |
| Excess From Year1 | 197978 | ExcessFromYear1 |
| Excess From Current Year | 18845 | ExcessFromCurrentYear |
Supplementary Information SupplementaryInformation
Appication Submission Info AppicationSubmissionInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Name | The Medallion Foundation Inc | RecipientName |
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 Number | 7136540144 | RecipientPhoneNumber |
| Form And Info And Materials | Prescribed information requests supplied to applicants | FormAndInfoAndMaterials |
| Submission Deadlines | None | SubmissionDeadlines |
| Restrictions On Awards | None | RestrictionsOnAwards |
Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (39 entries)
| Address Line1RecipientUSAddress/AddressLine1 | CityRecipientUSAddress/City | StateRecipientUSAddress/State | ZIP CodeRecipientUSAddress/ZIPCode | Recipient RelationshipRecipientRelationship | Recipient Foundation StatusRecipientFoundationStatus | Purpose Of Grant Or ContributionPurposeOfGrantOrContribution | AmountAmount |
|---|---|---|---|---|---|---|---|
| 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 | $650 |
| Seven Acres Jewish Center | |||||||
| 6200 N Braeswood Blvd | Houston | TX | 77074 | None | OPC | Employee Match Grant | $2,000 |
| Texas Center for Missing Children | |||||||
| 3311 Richmond Ave | Houston | TX | 77098 | None | OPC | Missing Child Prevention & Educ Project | $5,000 |
| American Diabetes Assoc | |||||||
| 2785 E Desert Inn Rd | Las Vegas | NV | 89121 | None | OPC | Gala - 1 table for 10 & Camp Rainbow & Lotta Bright Hope | $13,000 |
| Springspirit Baseball | |||||||
| PO Box 550549 | Houston | TX | 772550549 | None | OPC | Capital Improvements | $40,000 |
| Boys and Girls Harbor Inc | |||||||
| 8100 Washington Ave | Houston | TX | 77007 | None | OPC | Remodel 1st Girls Cottage | $50,000 |
| The Rose | |||||||
| 12700 N Featherwood Dr 260 | Houston | TX | 77034 | None | OPC | Empower Her Spnosorship Program | $5,000 |
| Memorial Herman | |||||||
| 6411 Fannin St | Houston | TX | 77030 | None | OPC | Life Flight Helicopters | $50,000 |
| Baylor College | |||||||
| 6620 Main St | Houston | TX | 77030 | None | OPC | Biomedical Research | $121,718 |
| The River Performing and | |||||||
| 1475 W Gray St | Houston | TX | 77019 | None | OPC | Fine Arts Summer Camp | $41,000 |
| Bearsource for CPS Kids | |||||||
| PO Box 27701-501 | Houston | TX | 77227 | None | OPC | Back to School Program for 2012-13 | $10,000 |
| Breath of Life | |||||||
| 21715 Kingsland Blvd | Katy | TX | 77450 | None | OPC | Patient Visits 188 Children | $15,000 |
| Therapy Pet Pals | |||||||
| 3930 Bee Caves Rd | West Lake Hills | TX | 78746 | None | OPC | Training 6 Hou Pet Pal Volunteer | $5,000 |
| Houston Community Health | |||||||
| 424 Hahlo St | Houston | TX | 77020 | None | OPC | Clinic Visits Uninsured Children | $7,500 |
| The Sunshine Kids | |||||||
| 2814 Virginia | Houston | TX | 77098 | None | OPC | Activities for Houston Area | $10,000 |
| Wellsprings Village Inc | |||||||
| PO Box 311017 | Houston | TX | 77231 | None | OPC | Supportive Services | $5,000 |
| St Cecilia Catholic Comm | |||||||
| 11720 Joan of Arc Dr | Houston | TX | 77024 | None | OPC | Employee Match Grant | $2,000 |
| East Carolina University | |||||||
| 1001 E 5th St | Greenville | NC | 27858 | None | OPC | Employee Match Grant | $210 |
| Baba Support Our Troops | |||||||
| 1659 State Highway 46 West | New Braunfels | TX | 78132 | None | OPC | Operation Finally Home | $25,000 |
| Houston Hospice | |||||||
| 1905 Holcombe Blvd | Houston | TX | 77030 | None | OPC | Charity Care Program | $5,000 |
| Northwest Assistance | |||||||
| 15555 Kuykendahl Rd | Houston | TX | 77090 | None | OPC | Transform Food Pantry | $5,000 |
| Houston International | |||||||
| 1800 W loop south Suite 250 | Houston | TX | 77027 | None | OPC | Roof Replacement of Center in Laporte | $10,000 |
| Joy in the Harvest Miss | |||||||
| PO Box 496 | Lansing | IL | 60438 | None | OPC | Employee Match Grant | $2,520 |
| El Centro De Corazon | |||||||
| 5001 Navigation Blvd | Houston | TX | 77011 | None | OPC | Diabetic Self-Management Program | $5,000 |
| Houstonts Ronald | |||||||
| 1907 Holcombe Blvd | Houston | TX | 77030 | None | OPC | Program & Services | $10,000 |
| St Dominic Village | |||||||
| 2401 Holcombe Blvd | Houston | TX | 77021 | None | OPC | Upgrade to skelled Nursing Unit | $50,000 |
| Beth Yeshurun Day School | |||||||
| 4525 Beechnut St | Houston | TX | 77096 | None | OPC | Technology Infrastructure | $45,750 |
| Aishel House | |||||||
| 1955 University Blvd | Houston | TX | 77030 | None | OPC | Expansion & Improvements | $50,000 |
| Chastang Ford | |||||||
| 6200 N Loop E | Houston | TX | 77026 | None | OPC | 2008 F-350 for Sire Inc | $23,190 |
| Habitat for Humanity | |||||||
| 6161 South Loop E | Houston | TX | 77087 | None | OPC | Home Construction | $25,000 |
| Medlife of Houston Inc | |||||||
| 517 South Main St | White River Junction | VT | 05001 | None | OPC | 5th Annual Day Event | $5,000 |
| Be the Match Foundation | |||||||
| 3001 Broadway St NE Suite 100 | Minneapolis | MN | 554131753 | None | OPC | Hosuton Patients | $5,000 |
| Covenant House | |||||||
| 1111 Lovett Blvd | Houston | TX | 77006 | None | OPC | Crisis Shelter in Houston | $10,000 |
| Casa De Esperanza | |||||||
| 1407 Wichita St | Houston | TX | 77054 | None | OPC | 5 AED's & CPR Training | $11,620 |
| Miracle Flights for Kids | |||||||
| 2764 N Green Valley Pkwy 115 | Green Valley | NV | 89014 | None | OPC | Flights for Houston Families | $5,000 |
| St Jude Childrens | |||||||
| 262 Danny Thomas Pl | Memphis | TN | 38105 | None | OPC | Pediatric Cancer Genome Project | $20,000 |
| The Mission of Yahweh | |||||||
| 10247 Algiers Rd | Houston | TX | 77041 | None | OPC | Kitchen Renovations | $10,000 |
| Pass-through from Finkelstein Partnership | |||||||
| PO Box 1101 | Houston | TX | 772511101 | None | OPC | Misc | $20,815 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Grant Or Contri Paid During Year | 727473 | 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 | $1,369,946 | ExclusionAmount |
Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $351,609 | ExclusionAmount |
Net Rental Incm Re Debt Fincd Prop NetRentalIncmReDebtFincdProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 16 | ExclusionCode |
| Exclusion | $39,651 | ExclusionAmount |
Other Investment Income Part VII OtherInvestmentIncomePartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 15 | ExclusionCode |
| Exclusion | $832,413 | ExclusionAmount |
Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 18 | ExclusionCode |
| Exclusion | -$18,280,916 | ExclusionAmount |
Subtotals Part XVIA SubtotalsPartXVIA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Income | $0 | UnrelatedBusinessIncomeAmount |
| Exclusion | -$15,687,297 | ExclusionAmount |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Part XVIA | -15687297 | 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 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOther (6 entries)
| Category Or ItemCategoryOrItem | Listed At Cost Or FMVListedAtCostOrFMV | Book ValueBookValue | EOYFMVEOYFMV |
|---|---|---|---|
| Finkelstein Partners Ltd | FMV | 29290513 | 9726500 |
| Riverstone Plaza LLC | FMV | 2713897 | 1121000 |
| Silverlake Center LLC | FMV | 1182060 | 184000 |
| Shadow Creek Center LLC | FMV | 473678 | 333000 |
| Frost Bank Management | AT COST | 3357022 | 3357022 |
| Kilburn Media, LLC | AT COST | 200000 | 200000 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Legal | Category |
| Amount | $22,198 | Amount |
| Net Investment Income | 22198 | NetInvestmentIncome |
| Disbursements Charitable Prps | 0 | DisbursementsCharitablePrps |
Other Assets Schedule OtherAssetsSchedule
Other Assets OtherAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Tax Deposits | Description |
| BOY Book Value | 95806 | BOYBookValue |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | Revenue And Expenses Per BooksRevenueAndExpensesPerBooks | Net Investment IncomeNetInvestmentIncome | Disbursements Charitable PrpsDisbursementsCharitablePrps |
|---|---|---|---|
| Liability Insurance | 3325 | 3325 | 0 |
| Investment Expenses | 15970 | 15970 | 0 |
| Investment Expenses | 173438 | 173438 | 0 |
| Portfolio Deductions | 414 | 414 | 0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income OtherIncome (2 entries)
| DescriptionDescription | Revenue And Expenses Per BooksRevenueAndExpensesPerBooks | Net Investment IncomeNetInvestmentIncome | Adjusted Net IncomeAdjustedNetIncome |
|---|---|---|---|
| Passthrough from Finkelstein | 1839179 | 1839179 | 1839179 |
| Passthrough from Finkelstein | -1006766 | -1006766 | -1006766 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | BOY Book ValueBOYBookValue | EOY Book ValueEOYBookValue |
|---|---|---|
| Finkelstein Payable - Cost Depletion | 0 | 321166 |
| Estate of Hubert Payable | 0 | 212676 |
Reduction Explanation Statement ReductionExplanationStatement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | Minority Level Discounts (Lack of liquidity & Lack of Marketability) | Explanation |
Taxes Schedule TaxesSchedule
Taxes Taxes (2 entries)
| CategoryCategory | AmountAmount | Net Investment IncomeNetInvestmentIncome | Disbursements Charitable PrpsDisbursementsCharitablePrps |
|---|---|---|---|
| Foreign Taxes Paid | $22,100 | 22100 | 0 |
| Taxes & Operating Expenses | $713,904 | 713904 | 0 |