| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 7,350 | 5,880 | 0 | 0 |
| Identifier | Return Reference | Explanation |
|---|---|---|
| DISTRIBUTION TO A DONOR ADVISE | PART VII-A, LINE 12 | THE BEYOND BORDERS OF CFT "THE FUND" IS A DONOR-ADVISED FUND AND PROPERTY OF THE COMMUNITIES FOUNDATION OF TEXAS (CFT). CFT AND THE BOARD OF TRUSTEES "TRUSTEES" SHALL HAVE ABSOLUTE AUTHORITY AND CONTROL OVER ALL ASSETS OF THE FUND, AND THE INCOME AND GAINS DERIVED THERE FROM, FOR USE BY CFT IN FURTHERING ITS CHARITABLE PURPOSES. THE TRUSTEES WILL OPERATE THE FUND IN COMPLIANCE WITH INTERNAL REVENUE SERVICE AND U.S. TREASURY REGULATIONS TO ENSURE THAT THE FUND IS A COMPONENT OF A PUBLIC CHARITY AND NOT A PRIVATE FOUNDATION. THE COMMUNITIES FOUNDATION OF TEXAS IS A 501(C)(3) PUBLIC CHARITY WHOSE OPERATIONS AND CHARITABLE PURPOSES ARE IN ALIGNMENT WITH PURPOSES DESCRIBED IN IRC SEC. 170(C)(2)(B). |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| MERRILL LYNCH EQUITY, MUTUAL FUNDS, & ALT. ASSETS - 2219 | AT COST | 1,535,032 | 1,681,271 |
| MERRILL LYNCH EQUITY, MUTUAL FUNDS, & ALT. ASSETS - 2245 | AT COST | 1,486,657 | 3,853,804 |
| JPMORGAN OTHER EQUITY INVESTMENTS | AT COST | 200,000 | 195,031 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT FEES | 12,675 | 12,675 | 0 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FEDERAL INCOME TAXES | 2,842 | 0 | 0 | 0 |