THE MARGARET AND AL HILL FAMILY: Form 990PF, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- THE MARGARET AND AL HILL FAMILY (EIN 75-6010533)
- Tax period
- 2011-03-01 to 2012-02-29
- Filed
- 2012-07-25
- IRS object ID
- 201232079349100203
- Schema version
- 2011v1.2
- 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
- Applied To Prior Year Election
- General Explanation Attachment
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Legal Fees Schedule
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Substantial Contributors Sch
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-07-25T11:26:24-05:00 | Timestamp |
| Tax Period End Date | 2012-02-29 | 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 | 12221 MERIT DRIVE SUITE 1400 | AddressLine1 |
| City | DALLAS | City |
| State | TX | State |
| ZIP Code | 75251 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnType |
| Tax Period Begin Date | 2011-03-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 756010533 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE MARGARET AND AL HILL FAMILY FOUNDATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | MARG | NameControl |
| Phone | 2149221100 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2001 ROSS AVENUE NO 4600 | AddressLine1 |
| City | DALLAS | City |
| State | TX | State |
| ZIP Code | 75201 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | LYDA HILL | Name |
| Title | PRESIDENT | Title |
| Phone | 2149221100 | Phone |
| Date Signed | 2012-07-23 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | BRYAN B FUNK | Name |
| PTIN | P01249926 | PTIN |
| Phone | 9724901970 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Change | X | AddressChange |
| Exempt PF | X | ExemptPF |
| FMV Assets EOY | 4534466 | FMVAssetsEOY |
| Method Of Accounting Cash | X | MethodOfAccountingCash |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Received Rev And Expnss | 1157127 | ContriReceivedRevAndExpnss |
| Interest On Savings Rev And Expnss | 1 | InterestOnSavingsRevAndExpnss |
| Interest On Savings Net Invst Incm | 1 | InterestOnSavingsNetInvstIncm |
| Dividends Rev And Expnss | 113499 | DividendsRevAndExpnss |
| Dividends Net Invst Incm | 113499 | DividendsNetInvstIncm |
| Net Gain Sale Assets Rev And Expnss | 313536 | NetGainSaleAssetsRevAndExpnss |
| Gross Sales Price | 1686791 | GrossSalesPrice |
| Capital Gain Net Incm Net Invst Incm | 313536 | CapitalGainNetIncmNetInvstIncm |
| Other Income Rev And Expnss | 8705 | OtherIncomeRevAndExpnss |
| Other Income Net Invst Incm | 8705 | OtherIncomeNetInvstIncm |
| Total Revenue And Expenses | 1592868 | TotalRevenueAndExpenses |
| Total Net Investment Income | 435741 | 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 |
| Legal Fees Rev And Expnss | 10 | LegalFeesRevAndExpnss |
| Legal Fees Net Invst Incm | 0 | LegalFeesNetInvstIncm |
| Legal Fees Dsbrs Chrtbl Prps | 10 | LegalFeesDsbrsChrtblPrps |
| Accounting Fees Rev And Expnss | 4105 | AccountingFeesRevAndExpnss |
| Accounting Fees Net Invst Incm | 2053 | AccountingFeesNetInvstIncm |
| Accounting Fees Dsbrs Chrtbl Prps | 2052 | AccountingFeesDsbrsChrtblPrps |
| Taxes Rev And Expnss | 2331 | TaxesRevAndExpnss |
| Taxes Net Invst Incm | 0 | TaxesNetInvstIncm |
| Taxes Dsbrs Chrtbl Prps | 0 | TaxesDsbrsChrtblPrps |
| Other Expenses Rev And Expnss | 4850 | OtherExpensesRevAndExpnss |
| Other Expenses Net Invst Incm | 4850 | OtherExpensesNetInvstIncm |
| Other Expenses Dsbrs Chrtbl Prps | 0 | OtherExpensesDsbrsChrtblPrps |
| Tot Opr Expenses Rev And Expnss | 11296 | TotOprExpensesRevAndExpnss |
| Tot Opr Expenses Net Invst Incm | 6903 | TotOprExpensesNetInvstIncm |
| Tot Opr Expenses Dsbrs Chrtbl Prps | 2062 | TotOprExpensesDsbrsChrtblPrps |
| Contri Gifts Paid Rev And Expnss | 180051 | ContriGiftsPaidRevAndExpnss |
| Contri Gifts Paid Dsbrs Chrtbl Prps | 180051 | ContriGiftsPaidDsbrsChrtblPrps |
| Total Expenses Rev And Expnss | 191347 | TotalExpensesRevAndExpnss |
| Total Expenses Net Invst Incm | 6903 | TotalExpensesNetInvstIncm |
| Total Expenses Dsbrs Chrtbl Prps | 182113 | TotalExpensesDsbrsChrtblPrps |
| Excess Of Revenue Over Expenses | 1401521 | ExcessOfRevenueOverExpenses |
| Net Investment Income | 428838 | NetInvestmentIncome |
Balance Sheets BalanceSheets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Savings And Temp Cash Invst BOY | 351603 | SavingsAndTempCashInvstBOY |
| Savings And Temp Cash Invst EOY | 236391 | SavingsAndTempCashInvstEOY |
| Savings And Temp Cash Invst EOYFMV | 236391 | SavingsAndTempCashInvstEOYFMV |
| Investments Govt Oblig BOY | 679054 | InvestmentsGovtObligBOY |
| Investments Govt Oblig EOY | 407170 | InvestmentsGovtObligEOY |
| Investments Govt Oblig EOYFMV | 441932 | InvestmentsGovtObligEOYFMV |
| Investments Corp Stock BOY | 2153724 | InvestmentsCorpStockBOY |
| Investments Corp Stock EOY | 3442294 | InvestmentsCorpStockEOY |
| Investments Corp Stock EOYFMV | 3494864 | InvestmentsCorpStockEOYFMV |
| Investments Corp Bonds BOY | 191361 | InvestmentsCorpBondsBOY |
| Investments Corp Bonds EOY | 154500 | InvestmentsCorpBondsEOY |
| Investments Corp Bonds EOYFMV | 156585 | InvestmentsCorpBondsEOYFMV |
| Other Assets BOY | 3208 | OtherAssetsBOY |
| Other Assets EOY | 204694 | OtherAssetsEOY |
| Other Assets EOYFMV | 204694 | OtherAssetsEOYFMV |
| Total Assets BOY | 3378950 | TotalAssetsBOY |
| Total Assets EOY | 4445049 | TotalAssetsEOY |
| Total Assets EOYFMV | 4534466 | TotalAssetsEOYFMV |
| Total Liabilities BOY | 0 | 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 | 0 | PaidInOrCapitalSurplusBOY |
| Paid In Or Capital Surplus EOY | 0 | PaidInOrCapitalSurplusEOY |
| Retained Earnings BOY | 3378950 | RetainedEarningsBOY |
| Retained Earnings EOY | 4445049 | RetainedEarningsEOY |
| Total Net Assets BOY | 3378950 | TotalNetAssetsBOY |
| Total Net Assets EOY | 4445049 | TotalNetAssetsEOY |
| Total Liabilities Net Assets BOY | 3378950 | TotalLiabilitiesNetAssetsBOY |
| Total Liabilities Net Assets EOY | 4445049 | TotalLiabilitiesNetAssetsEOY |
Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Net Assets Fund Balances BOY | 3378950 | TotalNetAssetsFundBalancesBOY |
| Excess Of Revenue Over Expenses | 1401521 | ExcessOfRevenueOverExpenses |
| Other Increases | 0 | OtherIncreases |
| Subtotal | 4780471 | Subtotal |
| Other Decreases | 335422 | OtherDecreases |
| Total Net Assets Fund Balances EOY | 4445049 | TotalNetAssetsFundBalancesEOY |
Capital Gains And Losses CapitalGainsAndLosses
Capital Gains And Losses Info CapitalGainsAndLossesInfo (12 entries)
| Description Of AssetDescriptionOfAsset | How AcquiredHowAcquired | Date AcquiredDateAcquired | Date SoldDateSold | Gross Sales PriceGrossSalesPrice | Cost Or Other BasisCostOrOtherBasis | Gain Or LossGainOrLoss | Gains Minus Excess Or LossesGainsMinusExcessOrLosses |
|---|---|---|---|---|---|---|---|
| ISHARES TRUST BARCLAYS US | P | 2005-12-05 | 2011-03-16 | 399065 | 379088 | 19977 | 19977 |
| ENTERPRISE PRODUCTS PARTNERS | P | 2011-07-25 | 555599 | 224466 | 331133 | 331133 | |
| UMUNPROVIDENT CORP | P | 2004-04-14 | 2011-03-01 | 15000 | 15811 | -811 | -811 |
| ASSURED GUARANTY LTD | P | 2010-03-15 | 2011-03-16 | 26794 | 41394 | -14600 | -14600 |
| HOST MARRIOT, LP | P | 2004-04-05 | 2011-06-10 | 20238 | 21050 | -812 | -812 |
| CHEROKEE INC. | P | 2011-07-25 | 163649 | 465000 | -301351 | -301351 | |
| ENERGY TRANSFER PARTNERS | P | 2011-07-25 | 183719 | 226097 | -42378 | -42378 | |
| NORTEL NETWORKS | P | 2011-07-25 | 1 | 349 | -348 | -348 | |
| FROM VALUE PARTNERS, LTD | P | 27263 | 27263 | 27263 | |||
| FROM ENTERPRISE PRODUCTS PARTNERS, LP | P | 3632 | 3632 | 3632 | |||
| ENERGY TRANSFER PARTNERS - ORDINARY GAIN | P | 2011-07-25 | 98511 | 98511 | 98511 | ||
| ENTERPRISE PRODUCTS PARTNERS - ORDINARY GAIN | P | 2011-07-25 | 193320 | 193320 | 193320 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | 313536 | CapitalGainNetIncome |
Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable For4942 Tax | 0 | LiableFor4942Tax |
| Qualifying Distributions Year1 | 150590 | QualifyingDistributionsYear1 |
| Noncharitable Assets Year1 | 3620635 | NoncharitableAssetsYear1 |
| Distribution Ratio Year1 | 0.041592 | DistributionRatioYear1 |
| Qualifying Distributions Year2 | 273235 | QualifyingDistributionsYear2 |
| Noncharitable Assets Year2 | 3049077 | NoncharitableAssetsYear2 |
| Distribution Ratio Year2 | 0.089612 | DistributionRatioYear2 |
| Qualifying Distributions Year3 | 75457 | QualifyingDistributionsYear3 |
| Noncharitable Assets Year3 | 3349908 | NoncharitableAssetsYear3 |
| Distribution Ratio Year3 | 0.022525 | DistributionRatioYear3 |
| Qualifying Distributions Year4 | 219682 | QualifyingDistributionsYear4 |
| Noncharitable Assets Year4 | 3987207 | NoncharitableAssetsYear4 |
| Distribution Ratio Year4 | 0.055097 | DistributionRatioYear4 |
| Qualifying Distributions Year5 | 132979 | QualifyingDistributionsYear5 |
| Noncharitable Assets Year5 | 3766765 | NoncharitableAssetsYear5 |
| Distribution Ratio Year5 | 0.035303 | DistributionRatioYear5 |
| Total Distribution Ratio | 0.244129 | TotalDistributionRatio |
| Average Distribution Ratio | 0.048826 | AverageDistributionRatio |
| Net Noncharitable Assets | 3968343 | NetNoncharitableAssets |
| Adjusted Noncharitable Assets | 193758 | AdjustedNoncharitableAssets |
| One Percent Net Investment Income | 4288 | OnePercentNetInvestmentIncome |
| Adj Nonchrtbl Assets And One | 198046 | AdjNonchrtblAssetsAndOnePct |
| Qualifying Distributions | 182113 | QualifyingDistributions |
Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | 8577 | InvestmentIncomeExciseTax |
| Tax Under Section511 | 0 | TaxUnderSection511 |
| Subtotal | 8577 | Subtotal |
| Subtitle A Tax | 0 | SubtitleATax |
| Tax Based On Investment Income | 8577 | TaxBasedOnInvestmentIncome |
| Est Tax Payments And Overpayment | 1720 | EstTaxPaymentsAndOverpayment |
| Tax Paid With Extension | 6857 | TaxPaidWithExtension |
| Total Credits And Payments | 8577 | TotalCreditsAndPayments |
| Form2220 Attached | X | Form2220Attached |
| Tax Due | 0 | TaxDue |
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 | CO | StatesFiledWith |
| 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 | N/A | WebsiteAddress |
| Books In Care Of Person Name | FRANK MACKEY | BooksInCareOfPersonName |
| Books In Care Of Phone Number | 2149221100 | BooksInCareOfPhoneNumber |
Books In Care Of US Address BooksInCareOfUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2001 ROSS AVENUE SUITE 4600 | 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 | 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 (9 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 |
|---|---|---|---|---|---|---|---|---|
| LYDA HILL | ||||||||
| 2001 ROSS AVENUE SUITE 4600 | DALLAS | TX | 75201 | PRESIDENT & C.O.B. | 10.00 | 0 | 0 | 0 |
| AL G HILL JR | ||||||||
| 47 HIGHLAND PARK VILLAGE SUITE 200 | DALLAS | TX | 75205 | V.P. & TRUSTEE | 2.00 | 0 | 0 | 0 |
| ALINDA H WIKERT | ||||||||
| 2101 CEDAR SPRINGS RD STE 1800 | DALLAS | TX | 752011585 | V.P. & TRUSTEE | 2.00 | 0 | 0 | 0 |
| HEATHER H WASHBURNE | ||||||||
| 47 HIGHLAND PARK VILLAGE SUITE 200 | DALLAS | TX | 75205 | SEC., TREAS. & TRUSTEE | 2.00 | 0 | 0 | 0 |
| MICHAEL B WISENBAKER JR | ||||||||
| 2101 CEDAR SPRINGS RD STE 1800 | DALLAS | TX | 752011585 | TRUSTEE | 2.00 | 0 | 0 | 0 |
| WESLEY HILL WISENBAKER | ||||||||
| 2101 CEDAR SPRINGS RD STE 1800 | DALLAS | TX | 752011585 | TRUSTEE | 2.00 | 0 | 0 | 0 |
| ELISA HILL SUMMERS | ||||||||
| 47 HIGHLAND PARK VILLAGE SUITE 200 | DALLAS | TX | 75205 | TRUSTEE | 2.00 | 0 | 0 | 0 |
| CODY M WIKERT | ||||||||
| 2101 CEDAR SPRINGS RD STE 1800 | DALLAS | TX | 752011585 | TRUSTEE | 2.00 | 0 | 0 | 0 |
| MARGRETTA H WIKERT | ||||||||
| 2101 CEDAR SPRINGS RD STE 1800 | DALLAS | TX | 752011585 | TRUSTEE | 2.00 | 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 | 3693431 | AvgMonthlyFMVOfSecurities |
| Avg Monthly Cash Balances | 234101 | AvgMonthlyCashBalances |
| FMV All Other Noncharitable Assets | 101243 | FMVAllOtherNoncharitableAssets |
| Total FMV Of Unused Assets | 4028775 | TotalFMVOfUnusedAssets |
| Reduction Claimed | 0 | ReductionClaimed |
| Acquisition Indebtedness | 0 | AcquisitionIndebtedness |
| Adj Total FMV Of Unused Assets | 4028775 | AdjTotalFMVOfUnusedAssets |
| Cash Deemed Charitable | 60432 | CashDeemedCharitable |
| Net Noncharitable Assets | 3968343 | NetNoncharitableAssets |
| Minimum Investment Return | 198417 | MinimumInvestmentReturn |
Distributable DistributableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | 198417 | MinimumInvestmentReturn |
| Tax Based On Investment Income | 8577 | TaxBasedOnInvestmentIncome |
| Income Tax For This Year | 88229 | IncomeTaxForThisYear |
| Total Tax | 96806 | TotalTax |
| Distributable Amount Before Adj | 101611 | DistributableAmountBeforeAdj |
| Recoveries Qlfy Distributions | 0 | RecoveriesQlfyDistributions |
| Distributable Amount Before Ded | 101611 | DistributableAmountBeforeDed |
| Deduction Fr Distributable | $0 | DeductionFrDistributableAmount |
| Distributable Amount As Adjusted | 101611 | DistributableAmountAsAdjusted |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | 182113 | ExpensesAndContributions |
| Program Related Investments Total | 0 | ProgramRelatedInvestmentsTotal |
| Qualifying Distributions | 182113 | QualifyingDistributions |
| One Pct Sect4940e Org Net Invst Incm | 0 | OnePctSect4940eOrgNetInvstIncm |
| Adj Qualifying Distributions | 182113 | AdjQualifyingDistributions |
Undistributed Income UndistributedIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable Amount As Adjusted | 101611 | DistributableAmountAsAdjusted |
| Undistributed Income Prior Year | 169804 | UndistributedIncomePriorYear |
| Total For Prior Years | 0 | TotalForPriorYears |
| Total Excess Distri Carryover | 0 | TotalExcessDistriCarryover |
| Qualifying Distributions | 182113 | QualifyingDistributions |
| Applied To Year1 | 169804 | AppliedToYear1 |
| Applied To Prior Years | 0 | AppliedToPriorYears |
| Treated As Distri From Corpus | 0 | TreatedAsDistriFromCorpus |
| Applied To Current Year | 12309 | AppliedToCurrentYear |
| Remaining Distri From Corpus | 0 | RemainingDistriFromCorpus |
| Excess Distri Cyov App CY Corpus | 0 | ExcessDistriCyovAppCYCorpus |
| Excess Distri Cyov Applied CY | 0 | ExcessDistriCyovAppliedCY |
| Total Corpus | 0 | 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 | 89302 | UndistributedIncomeCY |
| Distri From Corpus170b1 E Or4942g3 | 0 | DistriFromCorpus170b1EOr4942g3 |
| Excess Distri Cyov From Year5 | 0 | ExcessDistriCyovFromYear5 |
| Excess Distri Cyov To Next Year | 0 | ExcessDistriCyovToNextYear |
Supplementary Information SupplementaryInformation
Appication Submission Info AppicationSubmissionInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Name | LYDA HILL PRESIDENT | RecipientName |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2001 ROSS AVENUE SUITE 4600 | AddressLine1 |
| City | DALLAS | City |
| State | TX | State |
| ZIP Code | 75201 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone Number | 2149221100 | RecipientPhoneNumber |
| Form And Info And Materials | LETTER FORM - NO SPECIFICATIONS REQUIRED | FormAndInfoAndMaterials |
| Submission Deadlines | NONE | SubmissionDeadlines |
| Restrictions On Awards | NONE | RestrictionsOnAwards |
Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (13 entries)
| Address Line1RecipientUSAddress/AddressLine1 | CityRecipientUSAddress/City | StateRecipientUSAddress/State | ZIP CodeRecipientUSAddress/ZIPCode | Recipient RelationshipRecipientRelationship | Recipient Foundation StatusRecipientFoundationStatus | Purpose Of Grant Or ContributionPurposeOfGrantOrContribution | AmountAmount |
|---|---|---|---|---|---|---|---|
| AMERICAN HEART ASSOCIATION | |||||||
| 1586 SOUTH 21ST ST STE 10 | COLORADO SPRINGS | CO | 80904 | N/A | 501(C)(3) PUBLIC CHA | SUPPORT COMMUNITY HUMANITARIAN ORGANIZATION PROGRAM | $4,461 |
| CENTER FOR NONPROFIT EXCELLENCE | |||||||
| 518 N NEVADA AVE | COLORADO SPRINGS | CO | 80903 | N/A | 501(C)(3) PUBLIC CHA | SUPPORT EFFECTIVE PHILANTHROPY FOR SCIENTIFIC RESEAR | $840 |
| CHEYENNE MOUNTAIN ZOOLOGICAL SOCIETY | |||||||
| 4250 CHEYENNE MOUNTAIN ZOO ROAD | COLORADO SPRINGS | CO | 80906 | N/A | 501(C)(3) PUBLIC CHA | SUPPORT COMMUNITY EDUCATIONAL PROGRAMS | $5,000 |
| COMMUNITY VENTURES INC | |||||||
| 111 S TEJON ST SUITE 309 | COLORADO SPRINGS | CO | 80903 | N/A | 501(C)(3) PUBLIC CHA | SUPPORT COMMUNITY VISUAL ARTS ORGANIZATION | $1,000 |
| DYSLEXIA CENTER | |||||||
| 825 E PIKES PEAK AVENUE | COLORADO SPRINGS | CO | 80903 | N/A | 501(C)(3) PUBLIC CHA | SUPPORT COMMUNITY ASSISTANCE PROGRAM | $5,000 |
| FOCUS ON THE FAMILY | |||||||
| 8605 EXPLORER DRIVE | COLORADO SPRINGS | CO | 80920 | N/A | 501(C)(3) PUBLIC CHA | SUPPORT COMMUNITY ASSISTANCE PROGRAM | $10,000 |
| GARDEN OF THE GODS FOUNDATION | |||||||
| PO BOX 49033 | COLORADO SPRINGS | CO | 80949 | N/A | 501(C)(3) PUBLIC CHA | PRESERVE & MAINTAIN PARK | $5,250 |
| GOODWILL INDUSTRIES OF COLORADO SPRINGS | |||||||
| PO BOX 6300 | COLORADO SPRINGS | CO | 80934 | N/A | 501(C)(3) PUBLIC CHA | SUPPORT COMMUNITY ASSISTANCE PROGRAMS | $2,500 |
| PIKES PEAK COMMUNITY FOUNDATION - MEDAL MAKERS FUND | |||||||
| 730 N NEVADA AVENUE | COLORADO SPRINGS | CO | 80903 | N/A | 501(C)(3) PUBLIC CHA | SUPPORT ATHLETIC AND CULTURAL ORGANIZATION | $50,000 |
| PIKES PEAK HOSPICE & PALLIATIVE CARE | |||||||
| 825 EAST PIKES PEAK AVE STE 600 | COLORADO SPRINGS | CO | 80903 | N/A | 501(C)(3) PUBLIC CHA | SUPPORT COMMUNITY ASSISTANCE PROGRAM | $10,000 |
| PLANNED PARENTHOOD OF THE ROCKY MOUNTAINS | |||||||
| 7155 E 38TH AVENUE | DENVER | CO | 80207 | N/A | 501(C)(3) PUBLIC CHA | SUPPORT COMMUNITY ASSISTANCE PROGRAM | $80,000 |
| ROCK LEDGE RANCH | |||||||
| 3202 CHAMBERS WAY | COLORADO SPRINGS | CO | 80904 | N/A | 501(C)(3) PUBLIC CHA | SUPPORT CULTURAL EDUCATION PROGRAM | $1,000 |
| THE CHILDREN'S HOSPITAL FOUNDATION | |||||||
| 13123 EAST 16TH AVENUE BOX 045 | AURORA | CO | 80045 | N/A | 501(C)(3) PUBLIC CHA | SUPPORT COMMUNITY ASSISTANCE PROGRAM | $5,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Grant Or Contri Paid During Year | 180051 | 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 | ExclusionAmount |
Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $113,499 | ExclusionAmount |
Other Investment Income Part VII OtherInvestmentIncomePartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $8,705 | ExclusionAmount |
Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 18 | ExclusionCode |
| Exclusion | $313,536 | ExclusionAmount |
Subtotals Part XVIA SubtotalsPartXVIA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Income | $0 | UnrelatedBusinessIncomeAmount |
| Exclusion | $435,741 | ExclusionAmount |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Part XVIA | 435741 | 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 Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ESTATE OF MARGARET H HILL | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 47 HIGHLAND PARK VILLAGE SUITE 200 | AddressLine1 |
| City | DALLAS | City |
| State | TX | State |
| ZIP Code | 75205 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | 1157127 | AggregateContributions |
| Person Contribution Type | X | PersonContributionType |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees AccountingFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | Category |
| Amount | $4,105 | Amount |
| Net Investment Income | 2053 | NetInvestmentIncome |
| Disbursements Charitable Prps | 2052 | DisbursementsCharitablePrps |
Applied To Prior Year Election AppliedToPriorYearElection
| Field | Value | IRS element (for citing) |
|---|---|---|
| Election | PURSUANT TO IRC SEC. 4942(H)(2) AND REG. 53.4942(A)-3(D)(2), THE ABOVE REFERENCED FOUNDATION HEREBY ELECTS TO TREAT CURRENT YEAR QUALIFYING DISTRIBUTIONS IN EXCESS OF THE IMMEDIATELY PRECEDING TAX YEAR'S UNDISTRIBUTED INCOME AS BEING MADE OUT OF:UNDISTRIBUTED INCOME FROM THE TAX YEAR ENDING:TAX YEAR AMOUNT 2007 $98,839SIGNED:______________________________ ____________________ LYDA HILL, PRESIDENT DATE | Election |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Reference | PART VII-B, QUESTION 1A(3) | ReturnReference |
| Explanation | STATEMENT REGARDING FURNISHING OR RECEIVING GOODS, ETC., TO OR FROM A DISQUALIFIED PERSON-PART VII-B, QUESTION 1A(3)LH HOLDINGS, INC. ("LHH") IS A CORPORATION OF WHICH ALL THE OUTSTANDING STOCK IS OWNED BY LYDA HILL. LYDA HILL IS AN OFFICER AND CHAIRMAN OF THE BOARD OF DIRECTORS OF THE MARGARET AND AL HILL FAMILY FOUNDATION ("FOUNDATION"), AND A DISQUALIFIED PERSON WITH RESPECT TO IT. LHH MAKES AVAILABLE TO THE FOUNDATION, AS MAY BE REQUIRED FOR THE CONDUCT OF ITS ACTIVITIES, THE SERVICES OF CERTAIN OF ITS OFFICERS AND EMPLOYEES. THESE SERVICES ARE MADE AVAILABLE TO THE FOUNDATION WITHOUT ANY CHARGE FOR SALARIES, PAYROLL TAXES, EMPLOYEE BENEFITS, OR RELATED PERSONNEL COSTS. LIKEWISE, LHH MAKES NO CHARGE TO THE FOUNDATION FOR OCCUPANCY COSTS ASSOCIATED WITH ITS OFFICE SPACE NORMALLY OCCUPIED BY ITS OFFICERS AND EMPLOYEES WHILE PERFORMING SUCH SERVICES. | Explanation |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corp Bonds InvestmentsCorpBonds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Bond | CORPORATE BONDS | NameOfBond |
| EOY Book Value | 154500 | EOYBookValue |
| EOYFMV | 156585 | EOYFMV |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corp Stock InvestmentsCorpStock (2 entries)
| Name Of StockNameOfStock | EOY Book ValueEOYBookValue | EOYFMVEOYFMV |
|---|---|---|
| CORPORATE EQUITIES | 848064 | 790299 |
| ISHARES | 2594230 | 2704565 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Securities EOY Book Value | 407170 | USGovtSecuritiesEOYBookValue |
| US Govt Securities EOYFMV | 441932 | USGovtSecuritiesEOYFMV |
| State Local Securities EOY Book Val | 0 | StateLocalSecuritiesEOYBookVal |
| State Local Securities EOYFMV | 0 | StateLocalSecuritiesEOYFMV |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL EXPENSES | Category |
| Amount | $10 | Amount |
| Net Investment Income | 0 | NetInvestmentIncome |
| Disbursements Charitable Prps | 10 | DisbursementsCharitablePrps |
Other Assets Schedule OtherAssetsSchedule
Other Assets OtherAssets (3 entries)
| DescriptionDescription | BOY Book ValueBOYBookValue | EOY Book ValueEOYBookValue | EOYFMVEOYFMV |
|---|---|---|---|
| ACCRUED INTEREST | 3208 | 2209 | 2209 |
| OTHER ACCOUNTS RECEIVABLE | 0 | 560 | 560 |
| VALUE PARTNERS, LTD | 0 | 201925 | 201925 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases OtherDecreases (5 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| NONDEDUCTIBLE EXPENSES FROM ENERGY TRANSFER PARTNERS | $21 |
| NONDEDUCTIBLE EXPENSES FROM ENTERPRISE PRODUCTS PARTNERS | $57 |
| UNREALIZED LOSS ON SECURITIES FROM VALUE PARTNERS | $12,535 |
| CAPITAL GAIN FROM SALE OF PUBLICLY TRADED PARTNERSHIPS | $30,978 |
| ORDINARY GAIN FROM SALE OF PUBLICLY TRADED PARTNERSHIP | $291,831 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses OtherExpenses (2 entries)
| DescriptionDescription | Revenue And Expenses Per BooksRevenueAndExpensesPerBooks | Net Investment IncomeNetInvestmentIncome | Disbursements Charitable PrpsDisbursementsCharitablePrps |
|---|---|---|---|
| BANK FEES | 67 | 67 | 0 |
| FROM VALUE PARTNERS, LTD | 4783 | 4783 | 0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income OtherIncome (2 entries)
| DescriptionDescription | Revenue And Expenses Per BooksRevenueAndExpensesPerBooks | Net Investment IncomeNetInvestmentIncome | Adjusted Net IncomeAdjustedNetIncome |
|---|---|---|---|
| ENERGY TRANSFER PARTNERS | -1718 | -1718 | -1718 |
| ENTERPRISE PRODUCTS PARTNERS | 10423 | 10423 | 10423 |
Substantial Contributors Sch SubstantialContributorsSch
Substantial Contributor SubstantialContributor
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ESTATE OF MARGARET H HILL | BusinessNameLine1 |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 47 HIGHLAND PARK VILLAGE SUITE 200 | AddressLine1 |
| City | DALLAS | City |
| State | TX | State |
| ZIP Code | 75205 | ZIPCode |
Taxes Schedule TaxesSchedule
Taxes Taxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FEDERAL EXCISE TAX | Category |
| Amount | $2,331 | Amount |
| Net Investment Income | 0 | NetInvestmentIncome |
| Disbursements Charitable Prps | 0 | DisbursementsCharitablePrps |
Comments