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 11-01-2018 , and ending 10-31-2019
Name of foundation
THE 1687 FOUNDATION
C/O DEBBIE GALLOWAY
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 251089
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
PLANO, TX75025
A Employer identification number

26-3772474
B Telephone number (see instructions)

(214) 802-9885
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$50,103,454J 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) 16,180,965
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 739,853 739,853  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 21,241
b Gross sales price for all assets on line 6a 29,329
7 Capital gain net income (from Part IV, line 2)... 21,241
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances 18,523
b Less: Cost of goods sold.... 20,322
c Gross profit or (loss) (attach schedule)..... Click to see attachment -1,799  
11 Other income (attach schedule)....... Click to see attachment 686,618 686,618  
12 Total. Add lines 1 through 11........ 17,626,878 1,447,712  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 215,665 0   173,665
14 Other employee salaries and wages...... 335,583 0   335,583
15 Pension plans, employee benefits....... 61,844 0   61,844
16a Legal fees (attach schedule)......... Click to see attachment 9,461 0   0
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment 135,451 117,015   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 74,738 0   53,046
19 Depreciation (attach schedule) and depletion... Click to see attachment 544,204 0  
20 Occupancy.............. 55,414 0   55,414
21 Travel, conferences, and meetings....... 152,593 0   152,593
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see list of attachments 2,246,728 0   2,245,815
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 3,831,681 117,015   3,077,960
25 Contributions, gifts, grants paid....... 1,061,273 1,061,273
26 Total expenses and disbursements. Add lines 24 and 25 4,892,954 117,015   4,139,233
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 12,733,924
b Net investment income (if negative, enter -0-) 1,330,697
c Adjusted net income (if negative, enter -0-)...  
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............. 321,551 413,292 413,292
2 Savings and temporary cash investments......... 31,414,649 33,783,916 33,783,916
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).....   45,000 45,000
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............   117,430 117,430
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 105,566 Click to see attachment97,730 98,787
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet12,766,258
Less: accumulated depreciation (attach schedule) bullet702,409 1,936,107 Click to see attachment12,063,849 12,211,941
15 Other assets (describe bullet) Click to see attachment5,362 Click to see attachment5,362 Click to see attachment3,433,088
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 33,783,235 46,526,579 50,103,454
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) Click to see attachment846 Click to see attachment-1,938
23 Total liabilities (add lines 17 through 22)......... 846 -1,938
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........ 0 0
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 33,782,389 46,528,517
30 Total net assets or fund balances (see instructions)..... 33,782,389 46,528,517
31 Total liabilities and net assets/fund balances (see instructions). 33,783,235 46,526,579
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
33,782,389
2
Enter amount from Part I, line 27a .....................
2
12,733,924
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
12,204
4
Add lines 1, 2, and 3 ..........................
4
46,528,517
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
46,528,517
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 STOCK SALES   2010-09-01 2018-12-24
b CAPITAL GAINS DIVIDENDS P    
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 25,639   8,088 17,551
b 3,690     3,690
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       17,551
b       3,690
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 21,241
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))
2017 6,958,415 25,710,296 0.270647
2016 2,971,788 31,418,968 0.094586
2015 2,797,240 29,038,779 0.096328
2014 2,577,658 25,360,311 0.101641
2013 1,799,142 17,897,024 0.100527
2
Total of line 1, column (d) .....................
2
0.663729
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
0.132746
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
1,303,683
5
Multiply line 4 by line 3......................
5
173,059
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
13,307
7
Add lines 5 and 6........................
7
186,366
8
Enter qualifying distributions from Part XII, line 4,.............
8
4,139,233
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 13,307
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 13,307
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 13,307
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 14,000
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 14,000
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 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 10 693
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet693 RefundedBullet 11 0
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
     
    No
    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)
    bulletOR, TX
    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
    Yes
     
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. Click to see attachment...............................
    10
    Yes
     
    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 addressbulletHTTP://WWW.1687FOUNDATION.COM/
    14
    The books are in care ofbulletDEBBIE GALLOWAY Telephone no.bullet (214) 802-9885

    Located atbulletPO BOX 251089PLANOTX ZIP+4bullet75025
    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
    PATTI JO PECK WOOD DIRECTOR, PRES,
    5.00     		0 0 0
    C/O DEBBIE GALLOWAY PO BOX 251089
    PLANO,TX75024
    DEBORAH J GALLOWAY DIRECTOR OF FINANCE, V.P. TREASURER
    1.00     		10,500 0 0
    4332 BENTON ELM DR
    PLANO,TX75024
    DONA R BRADLEY DIRECTOR
    1.00     		10,500 0 0
    321 OAR WOOD DR
    GRANBURY,TX76049
    DON L PARKS DIRECTOR
    1.00     		10,500 0 0
    4310 TUMBLEWEED TRAIL
    MIDLAND,TX79707
    HERBERT L CARTWRIGHT DIRECTOR
    1.00     		10,500 0 0
    3007 COLORADO COVE
    SAN ANTONIO,TX78253
    JERRY G RAINEY JR DIRECTOR, RANCH WILDLIFE
    40.00     		10,500 0 0
    3519 LONGHORN LANE
    BROWNWOOD,TX76801
    MINDY R JOHNSON DIRECTOR OF GRANTS, V.P. SECRETARY
    1.00     		9,000 0 0
    11093 CR 440
    CROSS PLAINS,TX76443
    MAXEY L EVANS DIRECTOR
    1.00     		10,500 0 0
    17969 CR 421
    CROSS PLAINS,OR76443
    LAURIETTA R AKAKA DIRECTOR, V.P. BOOK MINISTRY DIVISION
    40.00     		143,665 0 0
    PO BOX 1961
    SISTERS,TX97759
    AMY MCCREADY GIFT SHOP
    32.00     		0 0 0
    8810 CR 121
    CROSS PLAINS,TX76443
    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 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
    NONE
    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 FREE DISTRIBUTION OF CHRISTIAN BOOKS FOR CHARITABLE EDUCATION AND RELIGION PURPOSES 2,869,318 BOOKS AND CROSS PINS GIVEN, CUMULATIVE SINCE 2012 OF 14,692,222. 1,287,093
    2 GRANT AND CONTRIBUTIONS TO CHARITABLE ORGANIZATION 1,061,273
    3 PROVIDING FREE RETREATS TO NONPROFITS FOR CHARITABLE WITH 583 PEOPLE IN ATTENDANCE AND 4,824 MEALS SERVED 508,792
    4 MUSEUM FOR EDUCATION (CLASSIC CAR AND BASEBALL) 42,933
    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  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    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
    7,296
    b
    Average of monthly cash balances.......................
    1b
    1,316,240
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    1,323,536
    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
    1,323,536
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) Click to see attachment.............................
    4
    19,853
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    1,303,683
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    65,184
    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
     
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
     
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
     
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
     
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
     
    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
     
    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
    4,139,233
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    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
    4,139,233
    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
    13,307
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    4,125,926
    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  
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only.......  
    b Total for prior years:20, 20, 20  
    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........  
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$  
    a Applied to 2017, but not more than line 2a  
    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 2018 distributable amount.....  
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2018.    
    (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 2017. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2018. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2019 ..........     		 
    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 2013 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		 
    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....  
    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
    2014-09-03
    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
    0 0 0 0 0
    b 85% of line 2a ......... 0 0 0 0 0
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		4,139,233 6,966,267 2,971,788 2,797,240 16,874,528
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		0 0 0 0 0
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		4,139,233 6,966,267 2,971,788 2,797,240 16,874,528
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......         0
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		         0
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		43,456 857,010 1,047,299 967,959 2,915,724
    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) ....     		        0
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		        0
    (3) Largest amount of support
    from an exempt organization    		         0
    (4) Gross investment income         0
    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).)
    PATTI JO PECK WOOD
    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:
    MINDY JOHNSON
    11093 CR 440
    CROSS PLAINS,TX76443
    (806) 773-6671
    bThe form in which applications should be submitted and information and materials they should include:
    REQUEST IN WRITING AND DETAILED DESCRIPTION OF APPLICATION OF FUNDS
    cAny submission deadlines:
    10/31
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    NONE
    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
    AGAPE CHRISTIAN SERVICES
    3500 NORTH A ST SUITE 2400
    MIDLAND,TX79705     		  PUBLIC CHARITY DONATION DONATION CHARITY 40,000
    AGAPE GOSPEL MISSION INC
    PO BOX 270202
    FLOWER MOUND,TX75027     		  PUBLIC CHARITY DONATION CHARITY 15,000
    ANDREW CAREY
    25250 CR 416
    CROSS PLAINS,TX76443     		NONE N/A DONATION 5,000
    BE THE CHANGE
    PO BOX 52643
    MIDLAND,TX79710     		NONE PUBLIC CHARITY DONATION CHARITY 10,000
    BEN ESCHELMAN
    301 CR 676
    TUSCOLA,TX79562     		NONE PUBLIC CHARITY DONATION CHARITY 2,500
    BIG BROTHERS BIG SISTERS
    714 W LOUISIANA AVE
    MIDLAND,TX79701     		NONE PUBLIC CHARITY DONATION CHARITY 20,000
    BLINDED VETERANS ASSOC OF HOUSTON
    305 S CARROLL ST
    LAPORTE,TX77571     		NONE PUBLIC CHARITY DONATION CHARITY 4,600
    BRAD ROWLAND COLT
    2202 N 440 RD
    LOCUST GROVE,OK74352     		NONE N/A DONATION 23,600
    BREE VITEK
    PO BOX 393
    CROSS PLAINS,TX76443     		NONE N/A DONATION 5,000
    BYNUM SCHOOL
    PO BOX 80175
    MIDLAND,TX79708     		NONE PUBLIC CHARITY DONATION CHARITY 55,000
    CAMP ABLE OF BUFFALO GAP
    PO BOX 695
    BUFFALO GAP,TX79508     		NONE PUBLIC CHARITY DONATION CHARITY 102,600
    CENTERS FOR CHILDREN & FAMILY
    3701 ANDREWS HIGHWAY
    MIDLAND,TX79703     		NONE PUBLIC CHARITY DONATION CHARITY 10,000
    CHASE'S PLACE
    620 N COIT RD SUITE 2176
    RICHARDSON,TX75080     		NONE PUBLIC CHARITY DONATION CHARITY 65,000
    COLORADO CHILDREN'S ASSISTANCE BAMB
    132 CREST
    TYE,TX79563     		NONE N/A DONATION CHARITY 2,883
    COMMUNITY FOUNDATION OF ABILENE
    PO BOX 1001
    ABILENE,TX79604     		NONE PUBLIC CHARITY DONATION CHARITY 10,000
    EASTER SEALS
    4888 LOOP CENTRAL DR SUITE 200
    HOUSTON,TX77081     		NONE PUBLIC CHARITY DONATION CHARITY 50,000
    EASTLAND COUNTY OPEN DOOR
    PO BOX 1644
    CISCO,TX76437     		NONE PUBLIC CHARITY DONATION CHARITY 110,000
    EL PASO CHILDREN'S FOUNDATION
    1400 HARDAWAY SUITE 220
    EL PASO,TX79903     		NONE PUBLIC CHARITY DONATION CHARITY 80,000
    ELAM MINISTRIES
    5755 NORTH POINT PKWY SUITE 217
    ALPHARETTA,GA30022     		NONE PUBLIC CHARITY DONATION CHARITY 12,000
    EMBRACE GRACE
    700 BEDFORD EULESS RD SUITE G
    HURST,TX76053     		NONE PUBLIC CHARITY DONATION CHARITY 15,000
    ENCOURAGE ONE ANOTHER
    8002 BELCHASE WAY
    ARLINGTON,TX76001     		NONE PUBLIC CHARITY DONATION CHARITY 25,000
    HOPE HOMES MINISTRY
    PO BOX 1404
    BROWNWOOD,TX76804     		NONE PUBLIC CHARITY DONATION CHARITY 15,000
    JEREMIAH 2911 PROJECT CO LIVING WATER MINISTRY
    548 SW 5TH ST
    CROSS PLAINS,TX76443     		NONE PUBLIC CHARITY DONATION CHARITY 15,000
    LIFELINE CHILDREN'S SERVICES
    100 MISSIONARY RIDGE
    BIRMINGHAM,AL35242     		NONE PUBLIC CHARITY DONATION CHARITY 11,500
    MAKE A WISH FOUNDATION
    407 N BIG SPRING SUITE 208
    MIDLAND,TX79701     		NONE PUBLIC CHARITY DONATION CHARITY 50,000
    MCKENNA PODLEVSKI
    425 NE 4TH
    CROSS PLAINS,TX76443     		NONE N/A DONATIONDONATION 5,000
    MIDLAND CHILDRENS REHAB
    802 VENTURA
    MIDLAND,TX79705     		NONE PUBLIC CHARITY DONATION CHARITY 15,000
    MIDLAND COLLEGE FOUNDTION
    3600 N GARFIELD
    MIDLAND,TX76705     		NONE PUBLIC CHARITY DONATION CHARITY 20,000
    NARROW GATE FOUNDATION
    PO BOX 267
    DUCK RIVER,TN38454     		NONE PUBLIC CHARITY DONATION CHARITY 15,000
    NOLAN RYAN FOUNDATON
    PO BOX 5909
    ROUND ROCK,TX78683     		NONE PUBLIC CHARITY DONATION CHARITY 1,700
    RAFFA CLINIC
    PO BOX 9325
    GREENVILLE,TX75404     		NONE PUBLIC CHARITY DONATION CHARITY 12,500
    REFLECTION MINISTRIES
    PO BOX 52371
    MIDLAND,TX79710     		NONE PUBLIC CHARITY DONATION CHARITY 5,000
    ROPE YOUTH
    3500 W GOLF COURSE RD
    MIDLAND,TX79703     		NONE PUBLIC CHARITY DONATION CHARITY 17,590
    SALVATION ARMY
    8787 N STEMMONS FRWY SUITE 800
    DALLAS,TX75247     		NONE PUBLIC CHARITY DONATION CHARITY 1,600
    SENIOR CITIZENS CENTER
    PO BOX 144
    CROSS PLAINS,TX76443     		NONE PUBLIC CHARITY DONATION CHARITY 4,200
    SPARROW CLUBS USA
    906 NE GREENWOOD AVE SUITE 2
    BEND,OR97701     		NONE PUBLIC CHARITY DONATION CHARITY 15,000
    SPOKEN WORLDWIDE
    12655 N CENTRAL EXPWY SUITE 600
    DALLAS,TX75243     		NONE PUBLIC CHARITY DONATION CHARITY 12,500
    ST JUDE CHILDREN'S HOSPITAL
    501 ST JUDE PLACE
    MEMPHIS,TN38105     		NONE PUBLIC CHARITY DONATION CHARITY 15,000
    TADSAW INC
    13423 BLANCO RD SUITE 218
    SAN ANTONIO,TX78216     		NONE PUBLIC CHARITY DONATION CHARITY 15,000
    THE ARK DOMESTIC VIOLENCE SHELTER
    2900 COGGIN AVE
    BROWNWOOD,TX76801     		NONE PUBLIC CHARITY DONATION CHARITY 1,500
    TRINITY SCHOOL
    3500 W WADLEY AVE
    MIDLAND,TX79707     		NONE PUBLIC CHARITY DONATION CHARITY 65,000
    TTU FOUNDATIN
    C/O CASNR PO BOX 42123
    LUBBOCK,TX79409     		NONE PUBLIC CHARITY DONATION CHARITY 75,000
    VIRGINIA ALLEN
    12750 FM 374
    CROSS PLAINS,TX76443     		NONE N/A DONATION 2,500
    KAITLYN PAYNE
    PO BOX 686
    CLYDE,TX79510     		NONE N/A DONATION 2,500
    LIVING WATER MINISTRY
    548 SW 5TH ST
    CROSS PLAINS,TX76443     		NONE PUBLIC CHARITY DONATION CHARITY 5,000
    Total .................................bullet 3a 1,061,273
    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
    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 ...........     		         
    4 Dividends and interest from securities....     14 739,853  
    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..... 211110 686,618 15    
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 21,241  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory 451211 -1,799      
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 684,819 761,094 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,445,913
    (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.)
    3 NO BUSINESS INCOME, CASH IS MAINTAINED FOR CHARITABLE SERVICES ONLY
    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
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2018
    Name of the organization
    THE 1687 FOUNDATION
    C/O DEBBIE GALLOWAY
    Employer identification number

    26-3772474
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution. An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
    Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018) Page 2
    Name of organization
    THE 1687 FOUNDATION
    C/O DEBBIE GALLOWAY         		Employer identification number
    26-3772474
    Part I
    Contributors (See instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    PATTI PECK WOOD  
    PO BOX 251089
     
    PLANO, TX75025

    		$ 7,000,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
    PATTI PECK WOOD  
    PO BOX 251089
     
    PLANO, TX75025

    		$ 9,180,965


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Page 3
    Name of organization
    THE 1687 FOUNDATION
    C/O DEBBIE GALLOWAY         		Employer identification number

    26-3772474
    Part II
    Noncash Property (See instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    2
    		 CHARITY ASSETS OF DEER INVENTORY AND BARNS $ 610,000 2018-12-26
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    2
    		 CHARITY ASSETS OF MUSEUM BUILDING AND LAND $ 7,275,000 2018-12-29
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    2
    		 MUSEUM INVENTORY CLASSIC CARS AND BASEBALL MEMORABILIA $ 1,295,965 2019-05-13
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Page 4
    Name of organization
    THE 1687 FOUNDATION
    C/O DEBBIE GALLOWAY         		Employer identification number

    26-3772474
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)

    Additional Data


    Software ID:  
    Software Version:  

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    TY 2018 AmortizationSchedule
    Name:
    THE 1687 FOUNDATION
     
    C/O DEBBIE GALLOWAY
    EIN:
    26-3772474
    Description of Amortized Expenses Date Acquired, Completed, or Expended Amount Amortized Deduction for Prior Years Amortization Method Current Year Amortization Net Investment Income Adjusted Net Income Total Amount of Amortization
    SOFTWARE 2011-06-30 27,050 27,050 60.000000000000   0   27,050
    SOFTWARE 2014-06-10 2,000 1,767 60.000000000000 233 0   2,000

    TY 2018 CashDeemedCharitableExplnStmt
    Name:
    THE 1687 FOUNDATION
     
    C/O DEBBIE GALLOWAY
    EIN:
    26-3772474
    Explanation:
    CONTRACTS ON BOOKS AND AMERICAN FLAG CROSS PINS AND OVERHEAD OF FACILITIES FOR CHARITABLE PURPOSES REQUIRE A MINIMUM OF THREE YEARS RESERVE.

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

    TY 2018 DepreciationSchedule
    Name:
    THE 1687 FOUNDATION
     
    C/O DEBBIE GALLOWAY
    EIN:
    26-3772474
    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
    OFFICE FURNITURE 2013-10-15 6,910 5,831 200DB 7.000000000000 719 0    
    COMPUTER 2014-02-15 1,125 530 200DB 5.000000000000 32 0    
    TRUCK 1993 PETERBILT CAB 2016-09-30 28,000 24,889 200DB 3.000000000000 3,111 0    
    BUILDINGS 2017-07-17 13,395 443 SL 39.000000000000 343 0    
    COMPUTER AND OFFICE 2017-09-20 2,346 1,629 200DB 3.000000000000 478 0    
    ARCHERY RANGE FOR THE FOUNDATION 2017-06-22 12,194 9,145 200DB 3.000000000000 2,033 0    
    FURNISHINGS MUSEUM 2017-09-29 37,943 11,809 200DB 7.000000000000 7,467 0    
    GOLD TOUCH CHROME MACHINE MUSEUM 2017-08-02 10,769 4,630 200DB 5.000000000000 2,456 0    
    TRAILER 2017-12-27 8,890 2,963 200DB 3.000000000000 3,951 0    
    EQUIPMENT DEER 2018-05-03 46,490 9,298 200DB 5.000000000000 14,877 0    
    DEER HERD 2018-03-31 39,925 7,985 200DB 5.000000000000 12,776 0    
    BUILDINGS 2018-07-01 611,320 6,484 SL 27.500000000000 22,230 0    
    EQUIPMENT ARCHERY 2018-04-04 4,918 984 200DB 5.000000000000 1,574 0    
    EQUIPMENT SPECIAL EVENTS 2018-07-12 193,177 7,244 150DB 20.000000000000 13,945 0    
    CABINS 2018-08-01 199,186 1,509 SL 27.500000000000 7,243 0    
    MUSEUM FURNISHINGS 2018-07-17 93,862 18,772 200DB 5.000000000000 30,036 0    
    MUSEUM CLASSIC CAR 2018-09-07 23,710 7,903 200DB 3.000000000000 10,538 0    
    CATTLE 2018-10-19 28,000 5,600 200DB 5.000000000000 8,960 0    
    LAND 2018-10-17 649,335   L   0 0    
    FURNITURE & EQUIPMENT 2018-06-25 4,721 944 200DB 5.000000000000 1,511 0    
    EQUIPMENT DEER 2019-04-17 30,757   200DB 5.000000000000 6,151 0    
    DEER HERD 2019-04-30 240,029   200DB 5.000000000000 48,006 0    
    BUILDINGS 2019-04-30 108,045   SL 27.500000000000 2,128 0    
    EQUIPMENT ARCHERY 2019-04-30 247   200DB 5.000000000000 49 0    
    EQUIPMENT HUNTS 2019-04-30 7,244   200DB 5.000000000000 1,449 0    
    EQUIPMENT SPECIAL EVENTS 2019-04-30 170,109   200DB 5.000000000000 34,022 0    
    CABINS 2019-04-30 59,697   SL 27.500000000000 1,176 0    
    CABINS-FURNISHINGS 2018-12-31 18,958   200DB 5.000000000000 3,792 0    
    CAR MUSEUM 2018-12-31 7,666,021   SL 27.500000000000 243,919 0    
    MUSEUM FURNISHINGS 2018-12-31 44,289   200DB 5.000000000000 8,858 0    
    MUSEUM CLASSIC CAR 2018-04-30 1,155,202   NC 0 % 0 0    
    CATTLE EDUCATION 2019-07-10 46,600   200DB 5.000000000000 9,320 0    
    CATTLE EQUIPMENT-EDU 2019-04-15 16,190   200DB 5.000000000000 3,238 0    
    LAND 2019-10-11 653,674   L   0 0    
    COMPUTER AND OFFICE 2019-10-01 74,213   200DB 5.000000000000 14,843 0    
    MUSEUM BASEBALL 2018-12-31 264,763   NC 0 % 0 0    
    LAND 2019-10-17 50,086   L   0 0    
    DEER FENCING 2019-06-15 114,866   200DB 5.000000000000 22,973 0    

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    THE 1687 FOUNDATION
     
    C/O DEBBIE GALLOWAY
    EIN:
    26-3772474
    Name of Stock End of Year Book Value End of Year Fair Market Value
    STOCK 97,730 98,787

    TY 2018 LandEtcSchedule2
    Name:
    THE 1687 FOUNDATION
     
    C/O DEBBIE GALLOWAY
    EIN:
    26-3772474
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    SOFTWARE 27,050 27,050 0  
    OFFICE FURNITURE 6,910 6,550 360  
    COMPUTER 1,125 1,125 0  
    SOFTWARE 2,000 2,000 0  
    TRUCK 1993 PETERBILT CAB 28,000 28,000 0  
    BUILDINGS 13,395 786 12,609  
    COMPUTER AND OFFICE 2,346 2,107 239  
    ARCHERY RANGE FOR THE FOUNDATION 12,194 11,178 1,016  
    FURNISHINGS MUSEUM 37,943 19,276 18,667  
    GOLD TOUCH CHROME MACHINE MUSEUM 10,769 7,086 3,683  
    TRAILER 8,890 6,914 1,976  
    EQUIPMENT DEER 46,490 24,175 22,315  
    DEER HERD 39,925 20,761 19,164  
    BUILDINGS 611,320 28,714 582,606  
    EQUIPMENT ARCHERY 4,918 2,558 2,360  
    EQUIPMENT SPECIAL EVENTS 193,177 21,189 171,988  
    CABINS 199,186 8,752 190,434  
    MUSEUM FURNISHINGS 93,862 48,808 45,054  
    MUSEUM CLASSIC CAR 23,710 18,441 5,269  
    CATTLE 28,000 14,560 13,440  
    LAND 649,335 0 649,335  
    FURNITURE & EQUIPMENT 4,721 2,455 2,266  
    EQUIPMENT DEER 30,757 6,151 24,606  
    DEER HERD 240,029 48,006 192,023  
    BUILDINGS 108,045 2,128 105,917  
    EQUIPMENT ARCHERY 247 49 198  
    EQUIPMENT HUNTS 7,244 1,449 5,795  
    EQUIPMENT SPECIAL EVENTS 170,109 34,022 136,087  
    CABINS 59,697 1,176 58,521  
    CABINS-FURNISHINGS 18,958 3,792 15,166  
    CAR MUSEUM 7,666,021 243,919 7,422,102  
    MUSEUM FURNISHINGS 44,289 8,858 35,431  
    MUSEUM CLASSIC CAR 1,155,202 0 1,155,202  
    CATTLE EDUCATION 46,600 9,320 37,280  
    CATTLE EQUIPMENT-EDU 16,190 3,238 12,952  
    LAND 653,674 0 653,674  
    COMPUTER AND OFFICE 74,213 14,843 59,370  
    MUSEUM BASEBALL 264,763 0 264,763  
    LAND 50,086 0 50,086  
    DEER FENCING 114,866 22,973 91,893  


    TY 2018 LegalFeesSchedule
    Name:
    THE 1687 FOUNDATION
     
    C/O DEBBIE GALLOWAY
    EIN:
    26-3772474
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 9,461 0   0


    TY 2018 OtherAssetsSchedule
    Name:
    THE 1687 FOUNDATION
     
    C/O DEBBIE GALLOWAY
    EIN:
    26-3772474
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    OIL AND GAS PROPERTIES 5,362 5,362 3,433,088


    TY 2018 OtherExpensesSchedule
    Name:
    THE 1687 FOUNDATION
     
    C/O DEBBIE GALLOWAY
    EIN:
    26-3772474
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PROVIDING FREE RETREATS TO NONPROFITS FOR CHARITABLE 508,792 0   508,792
    FREE DISTRIBUTION OF CHRISTIAN BOOKS FOR CHARITABLE EDUCATION AND RELIGION P 1,287,093 0   1,287,093
    CLASSIC CAR EXPENSES 30,621 0   30,621
    CLASSIC CAR MUSEUM EXPENSES 42,933 0   42,933
    CATTLE EDUCATION PROGRAM 22,929 0   22,929
    COMPUTER FEES 3,251 0   3,251
    INSURANCE 46,830 0   46,830
    OFFICE OVERHEAD 920 0   920
    SUBSCRIPTIONS AND DUES 187 0   187
    REIMBURSEMENTS 247,361 0   247,361
    MEALS OFFICE 680 0   0
    SUPPLIES 10,086 0   10,086
    TELEPHONE & TELECOMMUNICATIONS 7,143 0   7,143
    UTILITIES 29,355 0   29,355
    WEBSITE MAINTENANCE AND HOSTING 8,314 0   8,314
    AMORTIZATION 233 0   0


    TY 2018 OtherIncomeSchedule2
    Name:
    THE 1687 FOUNDATION
     
    C/O DEBBIE GALLOWAY
    EIN:
    26-3772474
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    TEXAS OIL AND GAS ROYALTIES 686,618 686,618 686,618


    TY 2018 OtherIncreasesSchedule
    Name:
    THE 1687 FOUNDATION
     
    C/O DEBBIE GALLOWAY
    EIN:
    26-3772474
    Description Amount
    PRIOR YEAR ADJUSTMENT FOR NET ASSETS 12,204


    TY 2018 OtherLiabilitiesSchedule
    Name:
    THE 1687 FOUNDATION
     
    C/O DEBBIE GALLOWAY
    EIN:
    26-3772474
    Description Beginning of Year - Book Value End of Year - Book Value
    PAYROLL TAXES 846 -1,938


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    THE 1687 FOUNDATION
     
    C/O DEBBIE GALLOWAY
    EIN:
    26-3772474
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TRUSTEE FEES 135,451 117,015   0


    TY 2018 SalesOfInventoryList 
    Name:
    THE 1687 FOUNDATION
     
    C/O DEBBIE GALLOWAY
    EIN:
    26-3772474

    Category Gross Sales Cost of Goods Sold Net (Gross Sales Minus
    Cost of Goods Sold)
    SALES OF MEMORABILIA REPRODUCTIONS DISCOUNTED BELOW COST 18,523 20,322 -1,799

    TY 2018 SubstantialContributorsSch
    Name:
    THE 1687 FOUNDATION
     
    C/O DEBBIE GALLOWAY
    EIN:
    26-3772474
    Name Address
    PATTI PECK WOOD PO BOX 251089
    PLANO,TX75025


    TY 2018 TaxesSchedule
    Name:
    THE 1687 FOUNDATION
     
    C/O DEBBIE GALLOWAY
    EIN:
    26-3772474
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PAYROLL TAXES 37,547 0   37,547
    FEDERAL INCOME TAX 21,692 0   0
    SALES TAXES 1,219 0   1,219
    PROPERTY TAXES 14,280 0   14,280