Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2019
Open to Public Inspection
For calendar year 2019, or tax year beginning 09-01-2017 , and ending 08-31-2018
Name of foundation
DR KENT ROBERTS & ILENE ROBERTS
BALLIET FOUNDATION
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 1
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
AMARILLO, TX79105
A Employer identification number

27-2885140
B Telephone number (see instructions)

(806) 378-8000
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$8,480,109J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments 22,390 22,390 22,390
4 Dividends and interest from securities... 183,897 183,897 183,897
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment 345,066
b Gross sales price for all assets on line 6a 2,211,369
7 Capital gain net income (from Part IV, line 2)... 76,298
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 3,588 3,588 3,588
12 Total. Add lines 1 through 11........ 554,941 286,173 209,875
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 77,601 77,601 77,601  
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 1,800 1,800 1,800  
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 1,415 1,415 1,415  
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 2,394 2,394 2,394  
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 83,210 83,210 83,210 0
25 Contributions, gifts, grants paid....... 407,900 407,900
26 Total expenses and disbursements. Add lines 24 and 25 491,110 83,210 83,210 407,900
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 63,831
b Net investment income (if negative, enter -0-) 202,963
c Adjusted net income (if negative, enter -0-)... 126,665
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2019)
Form 990-PF (2019)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 5 6  
2 Savings and temporary cash investments......... 14,902 20,678 20,678
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans............. 246,912 237,298 237,298
13 Investments—other (attach schedule).......... 7,214,741 Click to see attachment7,282,409 8,222,133
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 7,476,560 7,540,391 8,480,109
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 7,476,560 7,540,391
30 Total liabilities and net assets/fund balances (see instructions). 7,476,560 7,540,391
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
7,476,560
2
Enter amount from Part I, line 27a .....................
2
63,831
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
7,540,391
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
7,540,391
Form 990-PF (2019)
Form 990-PF (2019)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1a
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 76,298
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2018 425,617 8,108,021 0.052493
2017 418,565 7,970,618 0.052513
2016 424,458 8,392,827 0.050574
2015 381,697 8,419,873 0.045333
2014 246,310 7,941,961 0.031014
2
Total of line 1, column (d) .....................
2
0.231927
3
Average distribution ratio for the 5-year base period—divide the total on line 2 by 5.0, or by the number of years the foundation has been in existence if less than 5 years ......
3
0.046385
4
Enter the net value of noncharitable-use assets for 2019 from Part X, line 5......
4
8,198,519
5
Multiply line 4 by line 3......................
5
380,288
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
2,030
7
Add lines 5 and 6........................
7
382,318
8
Enter qualifying distributions from Part XII, line 4,.............
8
407,900
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions.
Form 990-PF (2019)
Form 990-PF (2019)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket includes lines 1a and 1b
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Domestic foundations that meet the section 4940(e) requirements in Part V, check 1 2,030
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 2,030
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 2,030
6 Credits/Payments:
a 2019 estimated tax payments and 2018 overpayment credited to 2019 6a 1,384
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 1,384
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 646
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2020 estimated taxBullet   RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition).................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletTX
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2019 or the taxable year beginning in 2019? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletAMARILLO NATIONAL BANK Telephone no.bullet (806) 378-8000

    Located atbulletPO BOX 1AMARILLOTX ZIP+4bullet79105
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2019, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2019?.............
    1c
     
     
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2019, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2019?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2019 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2019.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2019?
    4b
     
    No
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    AMARILLO NATIONAL BANK TRUSTEE
    1.00     		77,601 0 0
    PO BOX 1
    AMARILLO,TX79105
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet  
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1 N/A  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    8,024,484
    b
    Average of monthly cash balances.......................
    1b
    58,747
    c
    Fair market value of all other assets (see instructions)................
    1c
    240,139
    d
    Total (add lines 1a, b, and c).........................
    1d
    8,323,370
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    8,323,370
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    124,851
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    8,198,519
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    409,926
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    409,926
    2a
    Tax on investment income for 2019 from Part VI, line 5......
    2a
    2,030
    b
    Income tax for 2019. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    2,030
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    407,896
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    407,896
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    407,896
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    407,900
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    407,900
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
    2,030
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    405,870
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2018     		(c)
    2018     		(d)
    2019
    1 Distributable amount for 2019 from Part XI, line 7 407,896
    2 Undistributed income, if any, as of the end of 2019:
    a Enter amount for 2018 only....... 357,526
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2019:
    a From 2014......  
    b From 2015......  
    c From 2016......  
    d From 2017......  
    e From 2018......  
    fTotal of lines 3a through e........  
    4Qualifying distributions for 2019 from Part
    XII, line 4: bullet$ 407,900
    a Applied to 2018, but not more than line 2a 357,526
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2019 distributable amount..... 50,374
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2019.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5  
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2018. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2019. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2020 ..........     		357,522
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8 Excess distributions carryover from 2014 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2020.
    Subtract lines 7 and 8 from line 6a ......     		 
    10 Analysis of line 9:
    a Excess from 2015....  
    b Excess from 2016....  
    c Excess from 2017....  
    d Excess from 2018....  
    e Excess from 2019....  
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2019, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2019 (b) 2018 (c) 2017 (d) 2016
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    A WORLD FOR CHILDREN
    3505 OLSEN BLVD 103
    AMARILLO,TX79109     		N/A 501C3 OPERATING EXPENDITURE 2,000
    AMARILLO AREA CASA
    PO BOX 691
    AMARILLO,TX79105     		N/A 501C3 OPERATING EXPENDITURE 10,000
    AMARILLO BOTANICAL GARDENS
    1400 STREIT DR
    AMARILLO,TX79106     		N/A 501C3 OPERATING AND CAPITAL EXPENDITURE 15,000
    AMARILLO CHILDREN'S HOME
    3400 BOWIE STREET
    AMARILLO,TX79109     		N/A 501C3 OPERATING EXPENDITURE 5,000
    AMARILLO CRIME STOPPERS
    200 SE 3RD AVE
    AMARILLO,TX79101     		N/A 501C3 CAPITAL EXPENDITURE 5,000
    AMARILLO ISD
    7200 INTERSTATE 40 WEST
    AMARILLO,TX79106     		N/A GOVT KIDSFEST OPERATING EXPENDITURE 2,000
    AMARILLO MUSEUM OF ART
    2200 S VAN BUREN
    AMARILLO,TX79109     		N/A 501C3 OPERATING EXPENDITURE 10,000
    AMARILLO OPERA
    PO BOX 447
    AMARILLO,TX79178     		N/A 501C3 OPERATING EXPENDITURE 15,000
    AMARILLO RECOVERY FROM ALCOHOLISM
    AND DRUG ABUSE
    1703 S AVONDALE ST
    AMARILLO,TX79106     		N/A 501C3 CAPITAL EXPENDITURE 10,000
    AMARILLO SPCA
    POBOX 1014
    AMARILLO,TX79105     		N/A 501C3 CAPITAL EXPENDITURE 10,000
    AMARILLO SYMPHONY
    1000 S POLK ST
    AMARILLO,TX79101     		N/A 501C3 OPERATING EXPENDITURE 15,000
    AMARILLO ZOOLOGICAL SOCIETY
    PO BOX 1971
    AMARILLO,TX79105     		N/A 501C3 OPERATING EXPENDITURE 5,000
    ANIMAL RESCUE SHELTER
    12500 FM RD 1541
    AMARILLO,TX79118     		N/A 501C3 OPERATING EXPENDITURE 5,000
    BOY SCOUTS OF AMERICA
    401 TASCOSA ROAD
    AMARILLO,TX79124     		N/A 501C3 OPERATING EXPENDITURE 10,000
    BOYS AND GIRLS CLUB OF AMARILLO
    1923 S LINCOLN ST
    AMARILLO,TX79109     		N/A 501C3 OPERATING EXPENDITURE 5,000
    BUCKNER CHILDREN AND FAMILY SERVICE
    600 N PEARL ST
    SUITE 2000
    DALLAS,TX75201     		N/A 501C3 OPERATING EXPENDITURE 9,000
    CARENET PREGNANCY CENTER
    PO BOX 50342
    AMARILLO,TX79159     		N/A 501C3 OPERATING EXPENDITURE 3,000
    CETA CANYON CAMP & RETREAT CENTER
    37201 FM 171
    HAPPY,TX79042     		N/A 501C3 OPERATING EXPENDITURE 10,000
    CHAMBER MUSIC AMARILLO
    3306 SW 6TH AVE
    AMARILLO,TX79101     		N/A 501C3 OPERATING EXPENDITURE 10,000
    COALITION OF HEALTH SERVICES
    301 S POLK ST 740
    AMARILLO,TX79101     		N/A 501C3 OPERATING EXPENDITURE 5,000
    COLLEGE SUCCESS INITIATIVE
    PO BOX 10243
    AMARILLO,TX79116     		N/A 501C3 OPERATING EXPENDITURE 5,000
    EPILEPSY FOUNDATION
    1411 E AMARILLO BLVD
    AMARILLO,TX79107     		N/A 501C3 OPERATING EXPENDITURE 5,000
    EVELINE RIVERS CHRISTMAS PROJECT
    MAKE A CHILD SMILE
    314 S JEFFERSON ST
    AMARILLO,TX79101     		N/A 501C3 OPERATING EXPENDITURE 10,000
    EVELINE SUNSHINE COTTAGE
    314 SOUTH JEFFERSON
    AMARILLO,TX79101     		N/A 501C3 OPERATING EXPENDITURE 10,000
    FAMILY SUPPORT SERVICES
    1001 S POLK ST
    AMARILLO,TX79101     		N/A 501C3 OPERATING EXPENDITURE 10,000
    HABITAT FOR HUMANITY
    PO BOX 775
    AMARILLO,TX79105     		N/A 501C3 OPERATING EXPENDITURE 5,000
    HARRINGTON CANCER AND HEALTH
    FOUNDATION
    500 S TAYLOR ST
    SUITE 603 UNIT 223
    AMARILLO,TX79101     		N/A 501C3 OPERATING EXPENDITURE 2,500
    HEALTH THE CITY
    PO BOX 2556
    AMARILLO,TX79105     		N/A 501C3 CAPITAL EXPENDITURE 20,000
    HIGH PLAINS FOOD BANK
    815 ROSS
    AMARILLO,TX79102     		N/A 501C3 OPERATING EXPENDITURE 15,000
    HOPE AND HEALING PLACE
    1721 TYLER ST
    AMARILLO,TX79102     		N/A 501C3 OPERATING EXPENDITURE 15,000
    LAURA W BUSH INSTITUTE FOR
    WOMEN'S HEALTH
    1400 WALLACE BLVD
    AMARILLO,TX79106     		N/A 501C3 OPERATING EXPENDITURE 10,000
    LONESTAR BALLET
    3218 HOBBS RD
    AMARILO,TX79109     		N/A 501C3 OPERATING EXPENDITURE 15,000
    MEALS ON WHEELS
    219 W 7TH STREET
    AMARILLO,TX79101     		N/A 501C3 CAPITAL EXPENDITURE 15,000
    MISSION AMARILLO
    601 SW 10TH
    AMARILLO,TX79101     		N/A 501C3 OPERATING EXPENDITURE 10,000
    OPPORTUNITY SCHOOL
    1100 S HARRISON
    AMARILLO,TX79101     		N/A 501C3 OPERATING EXPENDITURE 10,000
    RONALD MCDONALD HOUSE
    1501 STREIT DRIVE
    AMARILLO,TX79106     		N/A 501C3 CAPITAL EXPENDITURE 5,000
    SENIOR AMBASSADORS COALITION
    PO BOX 2024
    AMARILLO,TX79105     		N/A 501C3 OPERATING EXPENDITURE 10,000
    SPECIAL DELIVERY
    1601 S MONROE ST
    AMARILLO,TX79102     		N/A 501C3 OPERATING EXPENDITURE 5,000
    TAOS OPERA INSTITUTE
    810 S AVONDALE
    AMARILLO,TX79106     		N/A 501C3 OPERATING EXPENDITURE 1,000
    TEXAS PANHANDLE HERITAGE FOUNDATION
    1514 5TH AVE
    CANYON,TX79015     		N/A 501C3 CAPITAL EXPENDITURE 10,000
    TEXAS PANHANDLE WAR MEMORIAL
    4101 S GEORGIA ST
    AMARILLO,TX79110     		N/A 501C3 CAPITAL EXPENDITURE 10,000
    THE BRIDGE
    804 QUAIL CREEK
    AMARILLO,TX79124     		N/A 501C3 OPERATING EXPENDITURE 10,000
    THE TURN CENTER
    1250 WALLACE BLVD
    AMARILLO,TX79106     		N/A 501C3 OPERATING EXPENDITURE 10,000
    WESLEY COMMUNITY CENTER
    1615 S ROBERTS
    AMARILLO,TX79102     		N/A 501C3 OPERATING EXPENDITURE 10,000
    WINDOW ON A WIDER WORLD
    500 S BUCHANAN
    AMARILLO,TX79105     		N/A 501C3 OPERATING EXPENDITURE 8,400
    YOUNG LIFE AMARILLO
    620 S TAYLOR ST STE N1
    AMARILLO,TX79101     		N/A 501C3 OPERATING EXPENDITURE 10,000
    Total .................................bullet 3a 407,900
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 22,390  
    4 Dividends and interest from securities....     14 183,897  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....     14 3,588  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    14 345,066  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   554,941  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    554,941
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2019)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2017 AccountingFeesSchedule
    Name:
    DR KENT ROBERTS & ILENE ROBERTS
     
    BALLIET FOUNDATION
    EIN:
    27-2885140
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INDIRECT ACCOUNTING FEES 1,800 1,800 1,800  

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2017 GainLossSaleOtherAssetsSch
    Name:
    DR KENT ROBERTS & ILENE ROBERTS
     
    BALLIET FOUNDATION
    EIN:
    27-2885140
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    AS HIGH INCOME ADVISOR 2016-12 PURCHASE 2017-12   537 525     12  
    BAIRD SHORT-TERM BOND INST 2017-03 PURCHASE 2018-02   7,152 7,220     -68  
    BAIRD SHORT-TERM BOND INST 2017-06 PURCHASE 2018-02   17,010 17,241     -231  
    BAIRD SHORT-TERM BOND INST 2017-09 PURCHASE 2018-02   96,819 98,335     -1,516  
    BAIRD SHORT-TERM BOND INST 2017-10 PURCHASE 2018-02   1,975 1,999     -24  
    BAIRD SHORT-TERM BOND INST 2017-12 PURCHASE 2018-02   6,172 6,224     -52  
    FEDERATED STRATEGIC VALUE-IN 2017-02 PURCHASE 2018-08   20,662 21,573     -911  
    FEDERATED STRATEGIC VALUE-IN 2018-03 PURCHASE 2018-08   24,680 24,094     586  
    FEDERATED STRATEGIC VALUE-IN 2018-06 PURCHASE 2018-08   264 256     8  
    LIQUID ASSETS PORTFOLIO 2016-12 PURCHASE 2017-09   368,478 368,478        
    LIQUID ASSETS PORTFOLIO 2017-03 PURCHASE 2017-09   9,193 9,194     -1  
    LIQUID ASSETS PORTFOLIO 2017-06 PURCHASE 2017-09   22,047 22,047        
    LORD ABBETT HIGH YIELD I 2016-12 PURCHASE 2017-10   451 438     13  
    LORD ABBETT HIGH YIELD I 2016-12 PURCHASE 2017-12   537 523     14  
    BAIRD AGGREGATE BOND INST 2013-12 PURCHASE 2017-12   8,825 8,532     293  
    BAIRD SHORT-TERM BOND INST 2013-12 PURCHASE 2017-12   2,549 2,570     -21  
    BAIRD SHORT-TERM BOND INST 2013-12 PURCHASE 2018-02   218,904 222,560     -3,656  
    BAIRD SHORT-TERM BOND INST 2014-03 PURCHASE 2018-02   29,687 30,152     -465  
    BAIRD SHORT-TERM BOND INST 2014-06 PURCHASE 2018-02   11,831 12,017     -186  
    BAIRD SHORT-TERM BOND INST 2014-09 PURCHASE 2018-02   16,796 17,042     -246  
    BAIRD SHORT-TERM BOND INST 2015-06 PURCHASE 2018-02   135 136     -1  
    BAIRD SHORT-TERM BOND INST 2016-09 PURCHASE 2018-02   4,381 4,459     -78  
    CAUSEWAY INTERNATIONAL VALUE 2014-08 PURCHASE 2017-09   18,154 18,233     -79  
    CAUSEWAY INTERNATIONAL VALUE 2014-08 PURCHASE 2017-10   4,375 4,244     131  
    CAUSEWAY INTERNATIONAL VALUE 2014-08 PURCHASE 2017-12   3,517 3,314     203  
    CAUSEWAY INTERNATIONAL VALUE 2014-08 PURCHASE 2017-12   867 820     47  
    CAUSEWAY INTERNATIONAL VALUE 2014-08 PURCHASE 2018-06   1,849 1,796     53  
    DODGE & COX INCOME FUND 2010-10 PURCHASE 2017-12   4,437 4,330     107  
    FEDERATED LEADERS INTERNATIONAL 2014-08 PURCHASE 2017-09   17,325 16,715     610  
    FEDERATED LEADERS INTERNATIONAL 2014-08 PURCHASE 2017-10   5,780 5,314     466  
    FEDERATED LEADERS INTERNATIONAL 2014-08 PURCHASE 2017-12   592 536     56  
    FEDERATED LEADERS INTERNATIONAL 2014-08 PURCHASE 2017-12   874 780     94  
    FEDERATED LEADERS INTERNATIONAL 2014-08 PURCHASE 2018-03   2,497 2,244     253  
    FEDERATED STRATEGIC VALUE-IN 2010-09 PURCHASE 2017-10   4,924 3,237     1,687  
    FEDERATED STRATEGIC VALUE-IN 2010-09 PURCHASE 2017-12   2,327 1,597     730  
    FEDERATED STRATEGIC VALUE-IN 2010-09 PURCHASE 2018-06   16 12     4  
    FEDERATED STRATEGIC VALUE-IN 2010-09 PURCHASE 2017-09   36,192 24,128     12,064  
    FEDERATED STRATEGIC VALUE-IN 2010-09 PURCHASE 2018-06   14,842 10,716     4,126  
    FEDERATED STRATEGIC VALUE-IN 2010-09 PURCHASE 2018-08   45,808 33,075     12,733  
    FEDERATED STRATEGIC VALUE-IN 2010-10 PURCHASE 2018-06   14,766 10,937     3,829  
    FEDERATED STRATEGIC VALUE-IN 2010-10 PURCHASE 2018-08   60,731 44,982     15,749  
    FEDERATED STRATEGIC VALUE-IN 2010-11 PURCHASE 2018-08   13,374 9,906     3,468  
    FEDERATED STRATEGIC VALUE-IN 2010-11 PURCHASE 2018-08   10,085 7,470     2,615  
    FEDERATED STRATEGIC VALUE-IN 2010-12 PURCHASE 2018-08   20,052 14,852     5,200  
    FEDERATED STRATEGIC VALUE-IN 2011-03 PURCHASE 2018-08   295 220     75  
    FEDERATED STRATEGIC VALUE-IN 2011-12 PURCHASE 2018-08   15,681 12,465     3,216  
    FEDERATED STRATEGIC VALUE-IN 2012-06 PURCHASE 2018-06   22,482 18,824     3,658  
    FEDERATED STRATEGIC VALUE-IN 2012-09 PURCHASE 2018-08   1,047 916     131  
    FEDERATED STRATEGIC VALUE-IN 2012-12 PURCHASE 2016-08   9,556 8,260     1,296  
    FEDERATED STRATEGIC VALUE-IN 2013-09 PURCHASE 2018-08   8,436 8,050     386  
    FEDERATED STRATEGIC VALUE-IN 2014-03 PURCHASE 2018-08   1,582 1,574     8  
    FEDERATED STRATEGIC VALUE-IN 2014-09 PURCHASE 2018-08   9,139 9,542     -403  
    FEDERATED STRATEGIC VALUE-IN 2014-12 PURCHASE 2018-08   10,370 10,053     317  
    FEDERATED STRATEGIC VALUE-IN 2015-06 PURCHASE 2018-08   12,061 11,898     163  
    FEDERATED STRATEGIC VALUE-IN 2015-09 PURCHASE 2018-08   37 35     2  
    FEDERATED STRATEGIC VALUE-IN 2015-12 PURCHASE 2018-08   1,343 1,266     77  
    FEDERATED STRATEGIC VALUE-IN 2016-09 PURCHASE 2018-08   4,293 4,482     -189  
    FEDERATED STRATEGIC VALUE-IN 2016-12 PURCHASE 2018-08   61,542 61,646     -104  
    FEDERATED STRATEGIC VALUE-IN 2017-06 PURCHASE 2018-08   6,514 7,078     -564  
    FEDERATED TOTAL RETURN BD-IN 2012-06 PURCHASE 2017-12   4,467 4,701     -234  
    FIDELITY SPARTAN U.S. EQ IDX 2016-06 PURCHASE 2017-10   32,177 26,392     5,785  
    FIDELITY SPARTAN U.S. EQ IDX 2016-06 PURCHASE 2017-12   29,452 23,049     6,403  
    FIDELITY SPARTAN U.S. EQ IDX 2016-06 PURCHASE 2017-12   7,056 5,503     1,553  
    FIDELITY SPARTAN U.S. EQ IDX 2016-06 PURCHASE 2018-03   28,786 22,069     6,717  
    FIDELITY SPARTAN U.S. EQ IDX 2016-06 PURCHASE 2018-06   29,009 21,763     7,246  
    FIDELITY SPARTAN U.S. EQ IDX 2016-06 PURCHASE 2017-09   141,499 120,019     21,480  
    INVESCO DIVERSIFIED DIV FUND 2012-06 PURCHASE 2017-09   62,633 39,979     22,654  
    INVESCO DIVERSIFIED DIV FUND 2012-06 PURCHASE 2017-10   10,932 6,846     4,086  
    INVESCO DIVERSIFIED DIV FUND 2012-06 PURCHASE 2017-12   4,440 2,750     1,690  
    JOHN HANCOCK ALTERNATIVE 2013-03 PURCHASE 2017-09   9,079 9,116     -37  
    JOHN HANCOCK ALTERNATIVE 2013-03 PURCHASE 2017-10   889 888     1  
    JOHN HANCOCK ALTERNATIVE 2013-03 PURCHASE 2017-12   2,506 2,479     27  
    NORTHERN SMALL CAP VALUE 2015-12 PURCHASE 2017-09   13,574 11,786     1,788  
    NORTHERN SMALL CAP VALUE 2015-12 PURCHASE 2017-10   12,396 9,871     2,525  
    NORTHERN SMALL CAP VALUE 2015-12 PURCHASE 2017-12   1,060 913     147  
    NORTHERN SMALL CAP VALUE 2015-12 PURCHASE 2018-06   11,998 9,975     2,023  
    OPPENHEIMER INTERNATIONAL 2016-06 PURCHASE 2017-09   21,619 18,125     3,494  
    OPPENHEIMER INTERNATIONAL 2016-06 PURCHASE 2017-10   2,858 2,330     528  
    OPPENHEIMER INTERNATIONAL 2016-06 PURCHASE 2017-12   873 697     176  
    OPPENHEIMER INTERNATIONAL 2016-06 PURCHASE 2018-03   3,366 2,665     701  
    OPPENHEIMER INTERNATIONAL 2016-06 PURCHASE 2018-06   2,671 2,084     587  
    T ROWE PRICE GROWTH STOCK 2010-12 PURCHASE 2017-09   39,677 19,001     20,676  
    T ROWE PRICE GROWTH STOCK 2011-12 PURCHASE 2017-09   8,338 3,847     4,491  
    T ROWE PRICE GROWTH STOCK 2011-12 PURCHASE 2017-10   4,762 2,134     2,628  
    T ROWE PRICE GROWTH STOCK 2011-12 PURCHASE 2017-10   44 30     14  
    T ROWE PRICE GROWTH STOCK 2011-12 PURCHASE 2017-12   9,414 4,578     4,836  
    T ROWE PRICE GROWTH STOCK 2011-12 PURCHASE 2017-12   1,817 885     932  
    T ROWE PRICE GROWTH STOCK 2011-12 PURCHASE 2018-03   20,266 9,231     11,035  
    T ROWE PRICE GROWTH STOCK I 2011-12 PURCHASE 2018-06   16,769 7,264     9,505  
    VANGUARD GROWTH INDEX ADM 2015-01 PURCHASE 2017-09   41,257 32,476     8,781  
    VANGUARD GROWTH INDEX ADM 2015-01 PURCHASE 2017-10   4,452 3,420     1,032  
    VANGUARD GROWTH INDEX ADM 2015-01 PURCHASE 2017-12   9,346 6,819     2,527  
    VANGUARD GROWTH INDEX ADM 2015-01 PURCHASE 2017-12   1,830 1,339     491  
    VANGUARD GROWTH INDEX ADM 2015-01 PURCHASE 2018-03   13,103 9,244     3,859  
    VANGUARD GROWTH INDEX ADM 2015-01 PURCHASE 2018-06   16,590 11,110     5,480  
    VANGUARD MID CAP INDEX ADM 2014-12 PURCHASE 2017-09   35,935 29,869     6,066  
    VANGUARD MID CAP INDEX ADM 2014-12 PURCHASE 2017-10   7,481 6,012     1,469  
    VANGUARD MID CAP INDEX ADM 2014-12 PURCHASE 2017-12   4,735 3,665     1,070  
    VANGUARD MID CAP INDEX ADM 2014-12 PURCHASE 2017-12   1,966 1,519     447  
    VANGUARD MID CAP INDEX ADM 2014-12 PURCHASE 2018-03   7,886 6,002     1,884  
    VANGUARD MID CAP INDEX ADM 2014-12 PURCHASE 2018-06   11,393 8,404     2,989  
    VANGUARD SMALL CAP INDEX ADM 2015-02 PURCHASE 2017-09   53,149 46,361     6,788  
    VANGUARD SMALL CAP INDEX ADM 2015-02 PURCHASE 2017-10   21,768 17,940     3,828  
    VANGUARD SMALL CAP INDEX ADM 2015-02 PURCHASE 2017-12   1,287 1,032     255  
    VANGUARD SMALL CAP INDEX ADM 2015-02 PURCHASE 2017-12   3,031 2,416     615  
    VANGUARD SMALL CAP INDEX ADM 2015-02 PURCHASE 2018-03   11,395 9,044     2,351  
    VANGUARD SMALL CAP INDEX ADM 2015-02 PURCHASE 2018-06   37,193 27,499     9,694  

    TY 2017 InvestmentsOtherSchedule2
    Name:
    DR KENT ROBERTS & ILENE ROBERTS
     
    BALLIET FOUNDATION
    EIN:
    27-2885140
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    INVESTMENT IN VARIOUS FUNDS AT COST 7,282,409 8,222,133

    TY 2017 OtherExpensesSchedule
    Name:
    DR KENT ROBERTS & ILENE ROBERTS
     
    BALLIET FOUNDATION
    EIN:
    27-2885140
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    INSURANCE 2,394 2,394 2,394  
    OTHER FEE        


    TY 2017 OtherIncomeSchedule2
    Name:
    DR KENT ROBERTS & ILENE ROBERTS
     
    BALLIET FOUNDATION
    EIN:
    27-2885140
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    INTEREST ON MORTGAGE NOTES 3,588 3,588 3,588


    TY 2017 TaxesSchedule
    Name:
    DR KENT ROBERTS & ILENE ROBERTS
     
    BALLIET FOUNDATION
    EIN:
    27-2885140
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PROPERTY TAX 1,415 1,415 1,415