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
2018
Open to Public Inspection
For calendar year 2018, or tax year beginning 01-01-2018 , and ending 12-31-2018
Name of foundation
THE DIXON WATER FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)4528 COUNTY ROAD 398
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
DECATUR, TX76234
A Employer identification number

75-2521176
B Telephone number (see instructions)

(940) 768-2740
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$58,860,650J 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      
4 Dividends and interest from securities... 103,351 103,351 103,351
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 391,809
b Gross sales price for all assets on line 6a 4,083,081
7 Capital gain net income (from Part IV, line 2)... 391,809
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 1,061,499 708,758 1,061,499
12 Total. Add lines 1 through 11........ 1,556,659 1,203,918 1,164,850
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 359,183 179,591 0 179,592
14 Other employee salaries and wages......        
15 Pension plans, employee benefits....... 28,302 0 0 14,151
16a Legal fees (attach schedule)......... Click to see attachment 21,133 16,912 0 0
b Accounting fees (attach schedule)....... Click to see attachment 8,976 4,488 0 0
c Other professional fees (attach schedule).... Click to see attachment 186,836 182,160 0 0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 39,938 0 0 0
19 Depreciation (attach schedule) and depletion... Click to see attachment 255,475 0 0
20 Occupancy.............. 35,614 0 0 0
21 Travel, conferences, and meetings....... 53,497 0 0 0
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 705,023 0 0 595,333
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,693,977 383,151 0 789,076
25 Contributions, gifts, grants paid....... 356,700 356,700
26 Total expenses and disbursements. Add lines 24 and 25 2,050,677 383,151 0 1,145,776
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -494,018
b Net investment income (if negative, enter -0-) 820,767
c Adjusted net income (if negative, enter -0-)... 1,164,850
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2018)
Form 990-PF (2018)
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............. 245,729 2,327,365 2,327,365
2 Savings and temporary cash investments.........      
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.............. 844,150 844,150 844,150
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 3,424,215 Click to see attachment2,086,807 2,086,807
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet15,604,647
Less: accumulated depreciation (attach schedule) bullet     15,604,647 15,604,647
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 2,889,142 Click to see attachment2,871,847 2,871,847
14 Land, buildings, and equipment: basis bullet25,854,400
Less: accumulated depreciation (attach schedule) bullet1,846,663 44,168,152 Click to see attachment24,007,737 738,737
15 Other assets (describe bullet) Click to see attachment1,490,345 Click to see attachment34,387,097 Click to see attachment34,387,097
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 53,061,733 82,129,650 58,860,650
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................   20,299,289
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)...... 3,220,870 3,050,870
22 Other liabilities (describe bullet) Click to see attachment0 Click to see attachment1,320,886
23 Total liabilities (add lines 17 through 22)......... 3,220,870 24,671,045
Net Assets or Fund Balances Foundations that follow SFAS 117, check here bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted..................    
25 Temporarily restricted...............    
26 Permanently restricted...............    
Foundations that do not follow SFAS 117, check here bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........ 1,000 1,000
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 49,839,863 57,457,605
30 Total net assets or fund balances (see instructions)..... 49,840,863 57,458,605
31 Total liabilities and net assets/fund balances (see instructions). 53,061,733 82,129,650
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 30 (must agree with end-of-year figure reported on prior year’s return) ...............
1
49,840,863
2
Enter amount from Part I, line 27a .....................
2
-494,018
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
8,111,760
4
Add lines 1, 2, and 3 ..........................
4
57,458,605
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
57,458,605
Form 990-PF (2018)
Form 990-PF (2018)
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.)
1 a PUBLICLY TRADED SECURITIES      
b PUBLICLY TRADED SECURITIES      
c STILLWATER - IRVINE D 2005-12-31 2018-10-10
d STILLWATER - ESAU RUIZ D 2005-12-31 2018-12-17
e STILLWATER - CONSULTING D 2005-12-31 2018-10-23
STILLWATER - JOEL RUIZ D 2005-12-31 2018-12-17
WATER RIGHTS D 2005-12-31 2018-12-17
SALE OF BEAR CREEK RANCH IMPROV P   2018-11-27
INSTALLMENT SALE OF BEAR CREEK RANCH D 2005-12-31 2018-11-27
SALE OF EASEMENT BEAR CREEK RANCH D 2005-12-31 2018-11-27
(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 2,212     2,212
b 718,413     718,413
c 90,000   478,090 -388,090
d 150,000   546,180 -396,180
e 172,000   574,685 -402,685
140,000   496,953 -356,953
    17,108 -17,108
350,000 233,037 586,702 -3,665
1,650,000   414,135 1,235,865
810,456   810,456 0
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       2,212
b       718,413
c       -388,090
d       -396,180
e       -402,685
      -356,953
      -17,108
      -3,665
      1,235,865
      0
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 2 391,809
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 2,212
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))
2017 1,084,493 10,222,335 0.106091
2016 1,307,235 11,347,180 0.115204
2015 1,380,145 18,777,083 0.073502
2014 1,688,759 21,348,253 0.079105
2013 1,463,650 22,402,734 0.065334
2
Total of line 1, column (d) .....................
2
0.439236
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
0.087847
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
15,981,555
5
Multiply line 4 by line 3......................
5
1,403,932
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
8,208
7
Add lines 5 and 6........................
7
1,412,140
8
Enter qualifying distributions from Part XII, line 4,.............
8
2,752,304
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 (2018)
Form 990-PF (2018)
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 8,208
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 0
3 Add lines 1 and 2........................... 3 8,208
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 8,208
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 18,654
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 167,284
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 185,938
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 177,730
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet55,000 RefundedBullet 11 122,730
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$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
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 2018 or the taxable year beginning in 2018? 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 (2018)
    Form 990-PF (2018)
    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 addressbulletWWW.DIXONWATER.ORG
    14
    The books are in care ofbulletTHE FOUNDATION Telephone no.bullet (940) 768-2740

    Located atbullet4528 COUNTY ROAD 398DECATURTX ZIP+4bullet76234
    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 2018, 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
     
    No
    ........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 2018?.............
    1c
     
    No
    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 2018, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2018?.............
    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 2018 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 2018.)..................
    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 2018?
    4b
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    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
    ROBERT J POTTS CHAIRMAN CEO
    40.00     		189,583 0 13,682
    P O BOX 177
    MARFA,TX79843
    CLINTON W JOSEY JR VICE PRESIDENT
    40.00     		0 0 0
    6060 N CENTRAL EXPY 560
    DALLAS,TX75206
    KATHY SMYTH VICE CHAIRMAN & VICE PRESIDENT
    1.00     		0 0 0
    7630 RIVERPOINT DRIVE
    HOUSTON,TX77063
    HUGH ALJOE VICE CHAIRMAN
    1.00     		0 0 0
    2510 SAM NOBLE PKWY
    ARDMORE,OK73401
    LAURA WHITING BOARD MEMBER
    1.00     		0 0 0
    2021 MCKINNEY AVENUE SUITE 1600
    DALLAS,TX75201
    LESLIE RAUSCHER BOARD MEMBER
    1.00     		0 0 0
    6227 MALCOLM DRIVE
    DALLAS,TX75214
    WALT DAVIS BOARD MEMBER
    1.00     		0 0 0
    262 SR 70E
    CALERA,OK74730
    JERRY ADDISON BOARD MEMBER
    1.00     		0 0 0
    P O BOX 629
    BOWIE,TX76230
    DR RICHARD TEAGUE ADVISORY BOARD
    1.00     		0 0 0
    BOX 1658
    VERNON,TX76385
    DR BONNIE WARNOCK ADVISORY BOARD
    1.00     		0 0 0
    RAS CENTER BOX C-16
    ALPINE,TX79832
    SAM MONTOYA ADVISORY BOARD
    1.00     		0 0 0
    TWO SANDIA PLAZA
    BERNALILLO,NM87004
    DR LISA BELLOWS ADVISORY BOARD
    1.00     		0 0 0
    8 QUAIL RUN
    GAINESVILLE,TX76240
    MELISSA BOOKHOUT SEC/TRES
    35.00     		78,000 0 13,372
    4528 COUNTY RD 398
    DECATUR,TX76234
    CASEY WADE VICE PRESIDENT
    40.00     		91,600 0 11,692
    P O BOX 177
    MARFA,TX79843
    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
    ROBERT J TUGGLE RANCH MANAGER
    40.00     		65,000 0 10,417
    217 COUNTRY ROAD 334
    DECATUR,TX76234
    JERRY BAGGS ASST. RANCH MANAGER
    40.00     		46,100 0 7,200
    125 W FIRST STREET
    LINDSAY,TX76250
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2018)
    Form 990-PF (2018)
    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
    BRM PROPERTIES LLC REAL ESTATE SERVICE 172,000
    2065 COUNTY ROAD 311
    SILT,CO81647
    Total number of others receiving over $50,000 for professional services.............bullet0
    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 KIDS ON THE LAND KOL IS A UNIQUE STEM ENVIRONMENTAL PROGRAM DESIGNED TO TEACH CHILDRENABOUT THE REGION WHERE THEY LIVE, CONNECTING THEM TO THE LAND AND AMORE SUSTAINABLE FUTURE. EVERY ACTIVITY FOR STUDENTS WITHIN THEPROGRAM ENCOMPASSES INDEPENDENT THINKING AND OUTDOOR CLASSROOMS WHERE THEY CAN USE THEIR SENSES TO LEARN. EXAMPLES THAT STUDENTS CANACTUALLY SEE, TOUCH AND SMELL ARE USED AS LEARNING TOOLS. PRIMARILY,THE PROGRAM PROVIDES EDUCATIONAL EXPERIENCES FOR GRADES KINDERGARTENTHROUGH SIXTH. THE EVENT HAD 1 VOLUNTEER TRAINING DAY AND 40 TOTALSTUDENTS (3RD, 4TH & 5TH GRADERS) OVER 3 DAYS AT THE LEO RANCHPAVILION. 5,300
    2 THE FOUNDATION PUTS ON MULTIPLE EDUCATIONAL WORKSHOPS, TOURS AND CONFERENCES THROUGHOUT THE YEAR AT ALL THREE RANCHES (BEAR CREEK, MIMMS AND LEO). THESE INCLUDE THE FOLLOWING:RANGE MANAGEMENT WORKSHOPSBIRD MONITORINGWATER CONFERENCEGRAZING WORKSHOPSTUDENT TOURSHERB SURVEYRAPTOR RESEARCHALAMITO CREEK TOURS 72,665
    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 ADDITIONS MADE POSSIBLE FROM THE SALE OF THE EXEMPT BEAR CREEK RANCH TO ENLARGE ACREAGE AND PURCHASE EQUIPMENT ON OTHER EXEMPT OPERATING RANCHES FOR FURTHER RESEARCH INTO WATER CONSEVATION, LAND CONVERSATION AND LIVESTOCK MANAGEMENT. 1,606,528
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet1,606,528
    Form 990-PF (2018)
    Form 990-PF (2018)
    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
    2,961,435
    b
    Average of monthly cash balances.......................
    1b
    1,068,876
    c
    Fair market value of all other assets (see instructions)................
    1c
    12,194,618
    d
    Total (add lines 1a, b, and c).........................
    1d
    16,224,929
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    16,224,929
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    243,374
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    15,981,555
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    799,078
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    799,078
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    8,208
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    8,208
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    790,870
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    790,870
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    790,870
    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
    1,145,776
    b
    Program-related investments—total from Part IX-B..................
    1b
    1,606,528
    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
    2,752,304
    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
    8,208
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    2,744,096
    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 (2018)
    Form 990-PF (2018)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2017     		(c)
    2017     		(d)
    2018
    1 Distributable amount for 2018 from Part XI, line 7 790,870
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2018:
    a From 2013......  
    b From 2014......  
    c From 2015......  
    d From 2016......  
    e From 2017......  
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 2,752,304
    a Applied to 2017, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2018 distributable amount..... 790,870
    e Remaining amount distributed out of corpus 1,961,434
    5 Excess distributions carryover applied to 2018. 0 0
    (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 1,961,434
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    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......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2017. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2018. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2019 ..........     		0
    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) .......     		0
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		1,961,434
    10 Analysis of line 9:
    a Excess from 2014....  
    b Excess from 2015....  
    c Excess from 2016....  
    d Excess from 2017....  
    e Excess from 2018.... 1,961,434
    Form 990-PF (2018)
    Form 990-PF (2018)
    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 2018, 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) 2018 (b) 2017 (c) 2016 (d) 2015
             
    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 e-mail address of the person to whom applications should be addressed:
    ROBERT J POTTS
    P O BOX 177
    MARFA,TX79843
    (432) 729-4600
    bThe form in which applications should be submitted and information and materials they should include:
    2-3 PAGE DESCRIPTION OF PROJECT ALONG WITH BUDGET AND SUPPORTING MATERIALS.
    cAny submission deadlines:
    NOVEMBER 1
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    LIMITED TO LAND MANAGEMENT, WATERSHED PROTECTION AND EDUCATION.
    Form 990-PF (2018)
    Form 990-PF (2018)
    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
    TEXAS AGRICULTURAL LAND TRUST
    1919 OAKWELL FARMS PKWY 100
    SAN ANOTONIO,TX78218     		NONE PC OPERATIONS 10,000
    NATIONAL CENTER FOR APPROPIATE TECHNOLOGY
    118 BROADWAY SUITE 524
    SAN ANOTONIO,TX78205     		NONE PC TECHNOLOGY GRANT 13,000
    NORTH CENTRAL TEXAS COLLEGE
    1525 W CALIFORNIA STREET
    GAINESVILLE,TX76240     		NONE PC ENVIROMENT AND AGR STUDIES 50,000
    TEXAS WILDLIFE ASSOCIATION FOUNDATION
    3660 THOUSAND OAKS 126
    SAN ANOTONIO,TX78247     		NONE PC LANDS PROGRAM 8,200
    AUDUBON TEXAS
    7700 W HWY 71 SUITE 330
    AUSTIN,TX78735     		NONE PC CONSERVATION 17,000
    OGALLALA COMMONS INC
    P O BOX 346
    NAZARETH,TX79063     		NONE PC AQUIFER STEWARDSHIP 10,000
    PEOPLE AND CARNIVORES
    P O BOX 6733
    BOZEMAN,MT59771     		NONE PC WILDLIFE MANAGEMENT 13,500
    YMCA
    231 E RHAPOSDY DR
    SAN ANOTONIO,TX78216     		NONE PC YOUTH PROGRAM 10,000
    SUL ROSS STATE UNIVERSITY
    P O BOX C-16
    ALPINE,TX79832     		NONE PC RANCH MANAGEMENT PROGRAM 50,000
    SUL ROSS SUPPORT FOUNDATION
    E HWY 90
    ALPINE,TX79830     		NONE PC RANCH MANAGEMENT ENDOWMENT 150,000
    SUSTAINABLE MARKETS FOUNDATION
    45 W 36TH ST 6TH FLOOR
    NEW YORK,NY10018     		NONE PC COOPERATIVE RESERACH PROJECT ON GABE BROWN RANCH 10,000
    BIRD CONSERVANCY OF THE ROCKIES
    14500 LARK BUNTING LANE
    BRIGHTON,CO80603     		NONE PC RESERACH ON MIMS RANCH 15,000
    Total .................................bullet 3a 356,700
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2018)
    Form 990-PF (2018)
    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
    aCATTLE, HORSE AND SHEEP SALES         326,666
    bHUNTING INCOME         26,075
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    4 Dividends and interest from securities....     14 103,351  
    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.....     16 708,758  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		110000 1,215,092 18 -823,283  
    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).. 1,215,092 -11,174 352,741
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,556,659
    (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.)
    1A CATTLE, HORSES AND SHEEP RAISED AS PART OF THE LAND SUSTIANABILITY
    1B HUNTING ALLOWED ON RANCH TO CULL WILDLIFE POPULATIONS
    Form 990-PF (2018)
    Form 990-PF (2018)
    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 (2018)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2018 AccountingFeesSchedule
    Name:
    THE DIXON WATER FOUNDATION
    EIN:
    75-2521176
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING 8,976 4,488 0 0

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

    TY 2018 DepreciationSchedule
    Name:
    THE DIXON WATER FOUNDATION
    EIN:
    75-2521176
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    BUILDINGS 2005-09-01 9,247 6,155 150DB 20.000000000000 206 0 0  
    PONDS 2005-09-01 6,327 3,476 SL 20.000000000000 158 0 0  
    WATER WELL 2005-09-01 9,425 8,033 150DB 20.000000000000 93 0 0  
    BARN 2006-06-30 22,281 14,040 150DB 20.000000000000 485 0 0  
    SEEDING HERITAGE CENTER 2006-11-30 7,482 4,114 SL 20.000000000000 187 0 0  
    PLANNING ARCHITECTS 2006-11-30 30,012 10,911 SL 20.000000000000 750 0 0  
    PONDS 2006-11-09 1,167 580 SL 20.000000000000 29 0 0  
    WATER WELL/DRAINAGE 2006-07-01 8,633 5,446 SL 20.000000000000 216 0 0  
    PONDS LEO 2005-12-31 7,132 3,927 SL 20.000000000000 357 0 0  
    PONDS LEO 2006-03-20 245 132 SL 20.000000000000 12 0 0  
    IMPROVEMENTS 2006-08-31 8,914 5,452 150DB 20.000000000000 204 0 0  
    FENCES PIT 2006-09-19 850 521 150DB 20.000000000000 39 0 0  
    FENCES 2006-09-19 7,850 4,799 150DB 20.000000000000 180 0 0  
    PONDS 2007-02-12 1,256 661 SL 20.000000000000 31 0 0  
    WATER WELL 2007-03-22 10,932 8,029 150DB 20.000000000000 153 0 0  
    HANGERS 2007-10-30 16,068 4,206 SL 39.000000000000 361 0 0  
    IMPROVEMENTS 2007-10-10 22,946 16,064 SL 15.000000000000 765 0 0  
    NEW BARN 2007-10-30 14,840 7,791 SL 20.000000000000 371 0 0  
    CONSERVATION DEVELOPMENT 2007-01-23 4,419 3,097 SL 15.000000000000 147 0 0  
    GREENHOUSE LEO 2007-03-13 7,002 3,675 SL 20.000000000000 350 0 0  
    RANCH IMPROVEMENTS 2007-02-22 1,610 1,124 SL 15.000000000000 54 0 0  
    HOUSE 2008-06-30 234,235 73,105 SL 27.500000000000 7,453 0 0  
    GRAVEL ROAD 2008-01-30 5,200 3,441 SL 15.000000000000 173 0 0  
    WATER WELL 2008-02-27 7,050 4,622 SL 15.000000000000 235 0 0  
    CATTLE GUARD 2008-03-31 1,566 1,014 SL 15.000000000000 52 0 0  
    T POSTS 2008-05-01 720 464 SL 15.000000000000 24 0 0  
    RANCH HOUSE 2008-11-30 7,326 2,427 SL 27.500000000000 233 0 0  
    GRAZING ENCLOSURE 2009-08-04 700 395 SL 15.000000000000 23 0 0  
    RANCH HOUSE MIMS 2009-06-30 295,147 91,670 SL 27.500000000000 10,733 0 0  
    FENCES MIMS 2009-06-30 171,880 97,436 SL 15.000000000000 11,459 0 0  
    WATER TANKS & STORAGE MIMS 2009-06-30 275,411 156,131 SL 15.000000000000 18,361 0 0  
    FENCES MIMS 2010-06-30 57,374 28,700 SL 15.000000000000 3,825 0 0  
    RANCH HOUSE IMPROV MIMS 2010-06-30 2,929 800 SL 15.000000000000 195 0 0  
    IMPROVEMENTS MIMS 2011-09-30 21,578 9,353 SL 15.000000000000 1,439 0 0  
    IMPROVEMENTS MIMS 2011-06-30 256,660 111,261 SL 15.000000000000 17,111 0 0  
    COLUMBIA STREET HOUSE MIMS 2011-01-10 248,280 62,815 SL 27.500000000000 9,028 0 0  
    ROBERT WHITE WELL SERVICE MIMS 2011-10-14 4,971 2,069 SL 15.000000000000 331 0 0  
    IMPROVEMENTS COLUMBIA HOUSE MIMS 2012-06-30 9,290 3,409 SL 15.000000000000 619 0 0  
    IMPROVEMENTS 2012-06-30 3,104 1,138 SL 15.000000000000 103 0 0  
    IMPROVEMENTS 2012-06-30 8,890 3,261 SL 15.000000000000 296 0 0  
    PAVILLION COSTS LEO 2012-09-30 104,438 14,172 SL 39.000000000000 2,678 0 0  
    IMPROVEMENTS LEO 2012-06-30 49,592 18,191 SL 15.000000000000 3,306 0 0  
    2012 FORD F35A TRUCK LEO 2012-06-16 40,531 40,531 SL 3.000000000000 0 0 0  
    POLARIS MULE LEO 2013-01-01 13,184 13,184 SL 7.000000000000 0 0 0  
    MOWER LEO 2013-01-01 7,097 5,197 SL 7.000000000000 1,014 0 0  
    RISING PLATE METER LEO 2013-01-01 778 555 SL 7.000000000000 111 0 0  
    PORTABLE CORRALS LEO 2013-01-01 9,439 6,740 SL 7.000000000000 1,348 0 0  
    USED PATIO FURNITURE MIMS 2013-03-20 1,300 837 SL 7.000000000000 186 0 0  
    KUBOTA TRACTOR MIMS 2013-03-05 28,000 18,000 SL 7.000000000000 4,000 0 0  
    KUBOTA TRACTOR LOADER MIMS 2013-04-08 17,000 10,929 SL 7.000000000000 2,429 0 0  
    IMPROVEMENTS 2013-06-01 16,265 4,882 SL 15.000000000000 542 0 0  
    IMPROVEMENTS COLUMBIA HOUSE MIMS 2013-06-01 264,759 79,452 SL 15.000000000000 17,651 0 0  
    IMPROVEMENTS LEO 2013-06-01 32,342 9,705 SL 15.000000000000 2,156 0 0  
    PAVILLION COSTS LEO 2013-06-01 1,186,082 138,142 SL 39.000000000000 30,412 0 0  
    BOB'S CUSTOM HOMES MIMS 2013-11-05 55,000 8,250 SL 27.500000000000 2,000 0 0  
    IMPROVEMENTS MIMS 2013-06-01 96,793 29,047 SL 15.000000000000 6,453 0 0  
    COLUMBIA STREET HOUSE MIMS 2013-06-01 3,568 2,295 SL 7.000000000000 510 0 0  
    F150 FORD TRUCK LEO 2013-03-14 29,499 26,550 SL 5.000000000000 2,949 0 0  
    IMPROVEMENTS LEO 2014-06-01 13,824 3,227 SL 15.000000000000 922 0 0  
    2014 FORD PICKUP MIMS 2014-02-10 42,541 29,778 SL 5.000000000000 8,508 0 0  
    IMPROVEMENTS LEO 2014-06-01 99,470 23,209 SL 15.000000000000 6,631 0 0  
    IMPROVEMENTS MIMS 2014-06-01 18,480 4,312 SL 15.000000000000 1,232 0 0  
    PAVILLION COSTS LEO 2014-06-30 1,073,596 96,348 SL 39.000000000000 27,528 0 0  
    IMPROVEMENTS LEO 2014-06-30 41,893 9,775 SL 15.000000000000 2,793 0 0  
    RANCH HOUSE MIMS CASEY HOUSE 2014-06-30 197,472 25,133 SL 27.500000000000 7,181 0 0  
    IMPROVEMENTS PIT 2014-06-30 2,945 686 SL 15.000000000000 196 0 0  
    1995 STOCK TRAILER MIMS 2015-08-17 5,300 1,892 SL 7.000000000000 757 0 0  
    JOHN DEERE TRACTOR LEO 2015-04-30 35,762 10,218 SL 7.000000000000 5,109 0 0  
    CLEAR BRUSH 2015-04-10 6,000 2,142 SL 7.000000000000 429 0 0  
    HANGER A/C REPAIR 2015-07-15 1,348 482 SL 7.000000000000 96 0 0  
    ELECTRIC REPAIRS LEO 2015-08-17 1,113 93 SL 27.500000000000 40 0 0  
    ADDITIONS KENNEDY 2015-06-30 4,694 1,677 SL 7.000000000000 671 0 0  
    ADDITIONS LEO 2015-06-30 23,522 8,401 SL 7.000000000000 3,360 0 0  
    ADDITIONS LEO PAVILLION 2015-06-30 6,098 2,177 SL 7.000000000000 871 0 0  
    ADDITIONS MIMMS 2015-06-30 7,983 2,852 SL 7.000000000000 1,140 0 0  
    RANCH HOUSE IMPROV MIMMS 2015-06-30 16,365 1,512 SL 27.500000000000 595 0 0  
    FENCES PIT 2015-07-20 16,881 6,029 SL 7.000000000000 2,412 0 0  
    DOZIER WORK PIT 2015-07-20 1,100 393 SL 7.000000000000 157 0 0  
    WELL SERVICE 2016-08-09 967 196 SL 7.000000000000 69 0 0  
    CATTLE GUARD 2016-10-03 1,000 416 SL 3.000000000000 167 0 0  
    2016 ADDITIONS HEARD 2016-06-30 19,806 4,244 SL 7.000000000000 2,829 0 0  
    GATE 2016-02-01 1,263 161 SL 15.000000000000 42 0 0  
    2016 IMPROVEMENTS HEARD 2016-06-30 49,666 4,967 SL 15.000000000000 3,311 0 0  
    2016 ADDITIONS 2016-06-30 6,427 1,377 SL 7.000000000000 459 0 0  
    2016 ADDITIONS 2016-06-30 6,427 1,377 SL 7.000000000000 459 0 0  
    2017 ADDITIONS 2017-12-15 70,566 1,263 SL 5.000000000000 7,057 0 0  
    2017 ADDITIONS 2017-06-30 4,097 366 SL 5.000000000000 410 0 0  
    2017 ADDITIONS 2017-06-30 20,126 1,797 SL 5.000000000000 2,013 0 0  
    2017 ADDITIONS 2017-03-29 16 5 SL 3.000000000000 3 0 0  
    2017 ADDITIONS FOREMAN 2017-06-30 10,027 895 SL 5.000000000000 2,005 0 0  
    CATTLE PURCHASED 2018-06-30 17,000   SL 7.000000000000 1,214 0 0  
    SHEEP PURCHASED 2018-06-30 3,120   SL 7.000000000000 223 0 0  

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    THE DIXON WATER FOUNDATION
    EIN:
    75-2521176
    Name of Stock End of Year Book Value End of Year Fair Market Value
    CHARLES SCHWAB INVESTMENT ACCOUNT 2,086,807 2,086,807

    TY 2018 InvestmentsOtherSchedule2
    Name:
    THE DIXON WATER FOUNDATION
    EIN:
    75-2521176
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    BAYOU BEND PETROLEUM AT COST 16,500 16,500
    MINERAL INTERESTS AT COST 2,855,347 2,855,347

    TY 2018 LandEtcSchedule2
    Name:
    THE DIXON WATER FOUNDATION
    EIN:
    75-2521176
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    PONDS LEO 7,132 4,284 2,848  
    PONDS LEO 245 144 101  
    FENCES PIT 850 560 290  
    GREENHOUSE LEO 7,002 4,025 2,977  
    RANCH HOUSE MIMS 295,147 102,403 192,744  
    FENCES MIMS 171,880 108,895 62,985  
    WATER TANKS & STORAGE MIMS 275,411 174,492 100,919  
    FENCES MIMS 57,374 32,525 24,849  
    RANCH HOUSE IMPROV MIMS 2,929 995 1,934  
    IMPROVEMENTS MIMS 21,578 10,792 10,786  
    IMPROVEMENTS MIMS 256,660 128,372 128,288  
    COLUMBIA STREET HOUSE MIMS 248,280 71,843 176,437  
    ROBERT WHITE WELL SERVICE MIMS 4,971 2,400 2,571  
    IMPROVEMENTS COLUMBIA HOUSE MIMS 9,290 4,028 5,262  
    PAVILLION COSTS LEO 104,438 16,850 87,588  
    IMPROVEMENTS LEO 49,592 21,497 28,095  
    2012 FORD F35A TRUCK LEO 40,531 40,531 0  
    POLARIS MULE LEO 13,184 13,184 0  
    MOWER LEO 7,097 6,211 886  
    RISING PLATE METER LEO 778 666 112  
    PORTABLE CORRALS LEO 9,439 8,088 1,351  
    USED PATIO FURNITURE MIMS 1,300 1,023 277  
    KUBOTA TRACTOR MIMS 28,000 22,000 6,000  
    KUBOTA TRACTOR LOADER MIMS 17,000 13,358 3,642  
    IMPROVEMENTS COLUMBIA HOUSE MIMS 264,759 97,103 167,656  
    IMPROVEMENTS LEO 32,342 11,861 20,481  
    PAVILLION COSTS LEO 1,186,082 168,554 1,017,528  
    BOB'S CUSTOM HOMES MIMS 55,000 10,250 44,750  
    IMPROVEMENTS MIMS 96,793 35,500 61,293  
    COLUMBIA STREET HOUSE MIMS 3,568 2,805 763  
    F150 FORD TRUCK LEO 29,499 29,499 0  
    IMPROVEMENTS LEO 13,824 4,149 9,675  
    2014 FORD PICKUP MIMS 42,541 38,286 4,255  
    IMPROVEMENTS LEO 99,470 29,840 69,630  
    IMPROVEMENTS MIMS 18,480 5,544 12,936  
    PAVILLION COSTS LEO 1,073,596 123,876 949,720  
    IMPROVEMENTS LEO 41,893 12,568 29,325  
    RANCH HOUSE MIMS CASEY HOUSE 197,472 32,314 165,158  
    IMPROVEMENTS PIT 2,945 882 2,063  
    1995 STOCK TRAILER MIMS 5,300 2,649 2,651  
    JOHN DEERE TRACTOR LEO 35,762 15,327 20,435  
    ELECTRIC REPAIRS LEO 1,113 133 980  
    ADDITIONS KENNEDY 4,694 2,348 2,346  
    ADDITIONS LEO 23,522 11,761 11,761  
    ADDITIONS LEO PAVILLION 6,098 3,048 3,050  
    ADDITIONS MIMMS 7,983 3,992 3,991  
    RANCH HOUSE IMPROV MIMMS 16,365 2,107 14,258  
    FENCES PIT 16,881 8,441 8,440  
    DOZIER WORK PIT 1,100 550 550  
    2016 ADDITIONS HEARD 19,806 7,073 12,733  
    2016 IMPROVEMENTS HEARD 49,666 8,278 41,388  
    2017 ADDITIONS FOREMAN 10,027 2,900 7,127  
    CATTLE PURCHASED 17,000 1,214 15,786  
    SHEEP PURCHASED 3,120 223 2,897  


    TY 2018 LegalFeesSchedule
    Name:
    THE DIXON WATER FOUNDATION
    EIN:
    75-2521176
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL 21,133 16,912 0 0


    TY 2018 OtherAssetsSchedule
    Name:
    THE DIXON WATER FOUNDATION
    EIN:
    75-2521176
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    NOTE RECEIVABLE KEVIN REEVES 1,490,345 1,440,197 1,440,197
    NOTE RECEIVABLE BM318 LLC - BEAR CREEK RANCH INSTALLMENT SALE   32,946,900 32,946,900


    TY 2018 OtherExpensesSchedule
    Name:
    THE DIXON WATER FOUNDATION
    EIN:
    75-2521176
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EDUCATIONAL PROGRAM EXPENSE 71,206 0 0 71,206
    INSURANCE FOR EDUCTIONAL PROGRAMS 1,459 0 0 1,459
    INSURANCE OTHER THAN HEALTH 39,039 0 0 0
    OVERHEAD EXPENSES 67,962 0 0 0
    PAYROLL EXPENSES 2,569 0 0 0
    OTHER 120 0 0 0
    DIRECT COSTS OF OPERATING MIMMS RANCH 105,450 0 0 105,450
    DIRECT COSTS OF OPERATING LEO/PITTMANN/HEARD/FOREMAN RANCH 417,218 0 0 417,218


    TY 2018 OtherIncomeSchedule2
    Name:
    THE DIXON WATER FOUNDATION
    EIN:
    75-2521176
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    ROYALTY 511,645 511,645 511,645
    WATER INJECTION 135,993 135,993 135,993
    RENT 61,120 61,120 61,120
    CATTLE, HORSE AND SHEEP SALES 326,666   326,666
    HUNTING INCOME 26,075   26,075


    TY 2018 OtherIncreasesSchedule
    Name:
    THE DIXON WATER FOUNDATION
    EIN:
    75-2521176
    Description Amount
    ADJUSTMENTS TO BRING ASSETS BACK TO COST BASIS 8,111,760


    TY 2018 OtherLiabilitiesSchedule
    Name:
    THE DIXON WATER FOUNDATION
    EIN:
    75-2521176
    Description Beginning of Year - Book Value End of Year - Book Value
    PAYROLL TAX 0 1,912
    REAL ESTATE COMMSSION ON BEAR CREEK SALE 0 1,317,840
    OTHER TAXES DUE 0 1,134


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    THE DIXON WATER FOUNDATION
    EIN:
    75-2521176
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT 10,160 10,160 0 0
    CONSULTING FEES 176,676 172,000 0 0


    TY 2018 TaxesSchedule
    Name:
    THE DIXON WATER FOUNDATION
    EIN:
    75-2521176
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PAYROLL TAXES 14,729 0 0 0
    PROPERTY TAXES 22,388 0 0 0
    OTHER TAXES 2,821 0 0 0