JOHN AND PATRICIA ADAMS FOUNDATION: Form 990PF, tax year 2011
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- Organization
- JOHN AND PATRICIA ADAMS FOUNDATION (EIN 20-4480039)
- Tax period
- 2011-01-01 to 2011-12-31
- Filed
- 2012-09-17
- IRS object ID
- 201232619349100503
- 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
- 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 | 2012-09-17T09:58:48-05:00 | Timestamp |
| Tax Period End Date | 2011-12-31 | 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 | 2011-01-01 | 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 | 2012-08-15 | DateSigned |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JOE FOSTER | Name |
| Phone | 8176643000 | Phone |
| Date Prepared | 2012-09-06 | DatePrepared |
| 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) |
|---|---|---|
| Exempt PF | X | ExemptPF |
| FMV Assets EOY | 5289833 | 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 | 63986 | InterestOnSavingsRevAndExpnss |
| Interest On Savings Net Invst Incm | 63986 | InterestOnSavingsNetInvstIncm |
| Interest On Savings Adj Net Incm | 63986 | InterestOnSavingsAdjNetIncm |
| Dividends Rev And Expnss | 112084 | DividendsRevAndExpnss |
| Dividends Net Invst Incm | 112084 | DividendsNetInvstIncm |
| Dividends Adj Net Incm | 112084 | DividendsAdjNetIncm |
| Net Gain Sale Assets Rev And Expnss | -133819 | NetGainSaleAssetsRevAndExpnss |
| Gross Sales Price | 2718466 | GrossSalesPrice |
| Total Revenue And Expenses | 42251 | TotalRevenueAndExpenses |
| Total Net Investment Income | 176070 | TotalNetInvestmentIncome |
| Total Adjusted Net Income | 176070 | TotalAdjustedNetIncome |
| Other Prof Fees Rev And Expnss | 9227 | OtherProfFeesRevAndExpnss |
| Other Prof Fees Net Invst Incm | 3396 | OtherProfFeesNetInvstIncm |
| Other Prof Fees Adj Net Incm | 295 | OtherProfFeesAdjNetIncm |
| Other Prof Fees Dsbrs Chrtbl Prps | 5536 | OtherProfFeesDsbrsChrtblPrps |
| Taxes Rev And Expnss | 2949 | TaxesRevAndExpnss |
| Taxes Net Invst Incm | 1475 | TaxesNetInvstIncm |
| Taxes Adj Net Incm | 1475 | TaxesAdjNetIncm |
| Other Expenses Rev And Expnss | 56802 | OtherExpensesRevAndExpnss |
| Other Expenses Net Invst Incm | 29043 | OtherExpensesNetInvstIncm |
| Other Expenses Adj Net Incm | 27099 | OtherExpensesAdjNetIncm |
| Other Expenses Dsbrs Chrtbl Prps | 659 | OtherExpensesDsbrsChrtblPrps |
| Tot Opr Expenses Rev And Expnss | 68978 | TotOprExpensesRevAndExpnss |
| Tot Opr Expenses Net Invst Incm | 33914 | TotOprExpensesNetInvstIncm |
| Tot Opr Expenses Adj Net Incm | 28869 | TotOprExpensesAdjNetIncm |
| Tot Opr Expenses Dsbrs Chrtbl Prps | 6195 | TotOprExpensesDsbrsChrtblPrps |
| Contri Gifts Paid Rev And Expnss | 280520 | ContriGiftsPaidRevAndExpnss |
| Contri Gifts Paid Dsbrs Chrtbl Prps | 280520 | ContriGiftsPaidDsbrsChrtblPrps |
| Total Expenses Rev And Expnss | 349498 | TotalExpensesRevAndExpnss |
| Total Expenses Net Invst Incm | 33914 | TotalExpensesNetInvstIncm |
| Total Expenses Adj Net Incm | 28869 | TotalExpensesAdjNetIncm |
| Total Expenses Dsbrs Chrtbl Prps | 286715 | TotalExpensesDsbrsChrtblPrps |
| Excess Of Revenue Over Expenses | -307247 | ExcessOfRevenueOverExpenses |
| Net Investment Income | 142156 | NetInvestmentIncome |
| Adjusted Net Income | 147201 | AdjustedNetIncome |
Balance Sheets BalanceSheets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Savings And Temp Cash Invst BOY | 250947 | SavingsAndTempCashInvstBOY |
| Savings And Temp Cash Invst EOY | 183654 | SavingsAndTempCashInvstEOY |
| Savings And Temp Cash Invst EOYFMV | 183654 | SavingsAndTempCashInvstEOYFMV |
| Accounts Receivable | 12262 | AccountsReceivable |
| Accounts Receivable BOY | 13878 | AccountsReceivableBOY |
| Accounts Receivable EOY | 12262 | AccountsReceivableEOY |
| Accounts Receivable EOYFMV | 12262 | AccountsReceivableEOYFMV |
| Investments Corp Stock BOY | 5102939 | InvestmentsCorpStockBOY |
| Investments Corp Stock EOY | 4866433 | InvestmentsCorpStockEOY |
| Investments Corp Stock EOYFMV | 5093917 | InvestmentsCorpStockEOYFMV |
| Land Building And Equipment Basis | 27475 | LandBuildingAndEquipmentBasis |
| Accum Deprec Land Bldg And Equip | 9922 | AccumDeprecLandBldgAndEquip |
| Land Building And Equipment BOY | 19385 | LandBuildingAndEquipmentBOY |
| Land Building And Equipment EOY | 17553 | LandBuildingAndEquipmentEOY |
| Total Assets BOY | 5387149 | TotalAssetsBOY |
| Total Assets EOY | 5079902 | TotalAssetsEOY |
| Total Assets EOYFMV | 5289833 | TotalAssetsEOYFMV |
| Total Liabilities EOY | 0 | TotalLiabilitiesEOY |
| Org That Do Not Follow SFAS117 | X | OrgThatDoNotFollowSFAS117 |
| Retained Earnings BOY | 5387149 | RetainedEarningsBOY |
| Retained Earnings EOY | 5079902 | RetainedEarningsEOY |
| Total Net Assets BOY | 5387149 | TotalNetAssetsBOY |
| Total Net Assets EOY | 5079902 | TotalNetAssetsEOY |
| Total Liabilities Net Assets BOY | 5387149 | TotalLiabilitiesNetAssetsBOY |
| Total Liabilities Net Assets EOY | 5079902 | TotalLiabilitiesNetAssetsEOY |
Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Net Assets Fund Balances BOY | 5387149 | TotalNetAssetsFundBalancesBOY |
| Excess Of Revenue Over Expenses | -307247 | ExcessOfRevenueOverExpenses |
| Subtotal | 5079902 | Subtotal |
| Total Net Assets Fund Balances EOY | 5079902 | TotalNetAssetsFundBalancesEOY |
Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable For4942 Tax | false | LiableFor4942Tax |
| Qualifying Distributions Year1 | 546581 | QualifyingDistributionsYear1 |
| Noncharitable Assets Year1 | 5336490 | NoncharitableAssetsYear1 |
| Distribution Ratio Year1 | 0.102423 | DistributionRatioYear1 |
| Qualifying Distributions Year2 | 515329 | QualifyingDistributionsYear2 |
| Noncharitable Assets Year2 | 5281302 | NoncharitableAssetsYear2 |
| Distribution Ratio Year2 | 0.097576 | DistributionRatioYear2 |
| Qualifying Distributions Year3 | 503570 | QualifyingDistributionsYear3 |
| Noncharitable Assets Year3 | 6345457 | NoncharitableAssetsYear3 |
| Distribution Ratio Year3 | 0.079359 | DistributionRatioYear3 |
| Qualifying Distributions Year4 | 492466 | QualifyingDistributionsYear4 |
| Noncharitable Assets Year4 | 6819362 | NoncharitableAssetsYear4 |
| Distribution Ratio Year4 | 0.072216 | DistributionRatioYear4 |
| Qualifying Distributions Year5 | 5000 | QualifyingDistributionsYear5 |
| Noncharitable Assets Year5 | 2332593 | NoncharitableAssetsYear5 |
| Distribution Ratio Year5 | 0.002144 | DistributionRatioYear5 |
| Total Distribution Ratio | 0.353718 | TotalDistributionRatio |
| Average Distribution Ratio | 0.070744 | AverageDistributionRatio |
| Net Noncharitable Assets | 5555192 | NetNoncharitableAssets |
| Adjusted Noncharitable Assets | 392997 | AdjustedNoncharitableAssets |
| One Percent Net Investment Income | 1422 | OnePercentNetInvestmentIncome |
| Adj Nonchrtbl Assets And One | 394419 | AdjNonchrtblAssetsAndOnePct |
| Qualifying Distributions | 286715 | QualifyingDistributions |
Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | 2843 | InvestmentIncomeExciseTax |
| Subtotal | 2843 | Subtotal |
| Tax Based On Investment Income | 2843 | TaxBasedOnInvestmentIncome |
| Est Tax Payments And Overpayment | 3117 | EstTaxPaymentsAndOverpayment |
| Total Credits And Payments | 3117 | TotalCreditsAndPayments |
| Form2220 Attached | X | Form2220Attached |
| Overpayment | 274 | Overpayment |
| Amount Credited To Next Year | 274 | 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 |
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 |
Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo
Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (5 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 |
| 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 | 286715 | 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 | 5383814 | AvgMonthlyFMVOfSecurities |
| Avg Monthly Cash Balances | 255975 | AvgMonthlyCashBalances |
| FMV All Other Noncharitable Assets | 0 | FMVAllOtherNoncharitableAssets |
| Total FMV Of Unused Assets | 5639789 | TotalFMVOfUnusedAssets |
| Adj Total FMV Of Unused Assets | 5639789 | AdjTotalFMVOfUnusedAssets |
| Cash Deemed Charitable | 84597 | CashDeemedCharitable |
| Net Noncharitable Assets | 5555192 | NetNoncharitableAssets |
| Minimum Investment Return | 277760 | MinimumInvestmentReturn |
Distributable DistributableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | 277760 | MinimumInvestmentReturn |
| Tax Based On Investment Income | 2843 | TaxBasedOnInvestmentIncome |
| Total Tax | 2843 | TotalTax |
| Distributable Amount Before Adj | 274917 | DistributableAmountBeforeAdj |
| Distributable Amount Before Ded | 274917 | DistributableAmountBeforeDed |
| Distributable Amount As Adjusted | 274917 | DistributableAmountAsAdjusted |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | 286715 | ExpensesAndContributions |
| Qualifying Distributions | 286715 | QualifyingDistributions |
| Adj Qualifying Distributions | 286715 | AdjQualifyingDistributions |
Undistributed Income UndistributedIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable Amount As Adjusted | 274917 | DistributableAmountAsAdjusted |
| Excess Distri Carryover Year5 | 10553 | ExcessDistriCarryoverYear5 |
| Total Excess Distri Carryover | 10553 | TotalExcessDistriCarryover |
| Qualifying Distributions | 286715 | QualifyingDistributions |
| Applied To Current Year | 274917 | AppliedToCurrentYear |
| Remaining Distri From Corpus | 11798 | RemainingDistriFromCorpus |
| Total Corpus | 22351 | TotalCorpus |
| Undistributed Income CY | 0 | UndistributedIncomeCY |
| Excess Distri Cyov From Year5 | 10553 | ExcessDistriCyovFromYear5 |
| Excess Distri Cyov To Next Year | 11798 | ExcessDistriCyovToNextYear |
| Excess From Current Year | 11798 | ExcessFromCurrentYear |
Supplementary Information SupplementaryInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | JOHN AND PATRICIA ADAMS | ContributingManager |
| 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 | REMODEL & RENOVATE HOSPICE FACILITY | $10,000 | ING NURSE ASSOCIATION INC | STE 101 |
| AUSTIN COLLEGE | |||||||||
| 900 NORTH GRAND AVENUE | SHERMAN | TX | 750904400 | NONE | 501(C)3 | IDEA CENTER | $120,520 | SUITE 6P | |
| SALESMENSHIP CLUB | |||||||||
| 9705 HARRY HINES BLVD | DALLAS | TX | 75220 | NONE | 501(C)3 | J. ERIK JONSSON COMMUNITY SCHOOL | $50,000 | ||
| RANGER ACADEMIC ENRICHMENT FTD | |||||||||
| PO BOX 179 | PERRYTON | TX | 79070 | NONE | 501(C)3 | PATHWAY SCHOLARSHIP PROGRAM | $50,000 | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Grant Or Contri Paid During Year | 280520 | 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 | $63,986 | ExclusionAmount |
Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $112,084 | ExclusionAmount |
Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Income | -133819 | RelatedOrExemptFunctionIncome |
Subtotals Part XVIA SubtotalsPartXVIA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $176,070 | ExclusionAmount |
| Related Or Exempt Function Income | -133819 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Part XVIA | 42251 | 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 | 8090 | DeductionForPriorYears |
| Amortization Period | 15.0000 | AmortizationPeriod |
| Current Year Amortization | 1832 | CurrentYearAmortization |
| Net Investment Income | 1703 | NetInvestmentIncome |
| Adjusted Net Income | 128 | AdjustedNetIncome |
| Total Amount Of Amortization | 9922 | TotalAmountOfAmortization |
Compensation Explanation CompensationExplanation
Compensation Compensation (5 entries)
| JOHN ADAMS |
| PATRICIA ADAMS |
| JOHN ADAMS JR |
| LARY SNODGRASS |
| SAM P BURFORD JR |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAsset (2 entries)
| NameName | Date AcquiredDateAcquired | How AcquiredHowAcquired | Date SoldDateSold | Gross Sales PriceGrossSalesPrice | BasisBasis | Sales ExpenseSalesExpense | Total NetTotalNet |
|---|---|---|---|---|---|---|---|
| INVESTMENT SALES | 2008-01 | PURCHASE | 2011-12 | 2718466 | 2849518 | 1824 | -132876 |
| PURCHASE | 943 | -943 |
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 | 4866433 | EOYBookValue |
| EOYFMV | 5093917 | 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 | 9922 | AccumulatedDepreciation |
| Book Value | 17553 | 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 | 53871 | 26936 | 26936 | |
| OFFICE EXPENSES | 1099 | 404 | 35 | 659 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees OtherProfessionalFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCTING, LEGAL, & CONSULTING | Category |
| Amount | $9,227 | Amount |
| Net Investment Income | 3396 | NetInvestmentIncome |
| Adjusted Net Income | 295 | AdjustedNetIncome |
| Disbursements Charitable Prps | 5536 | DisbursementsCharitablePrps |
Taxes Schedule TaxesSchedule
Taxes Taxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FOREIGN TAXES | Category |
| Amount | $2,949 | Amount |
| Net Investment Income | 1475 | NetInvestmentIncome |
| Adjusted Net Income | 1475 | AdjustedNetIncome |
Comments