Form990-PF
Click to see attachment
Click to see attachmentClick to see attachment

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. 1545-0047
2021
Open to Public Inspection
For calendar year 2021, or tax year beginning 11-01-2021 , and ending 12-31-2021
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$90,124,336J 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) 19,200,000
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 15,720 6,000  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 4,251
b Gross sales price for all assets on line 6a 12,785
7 Capital gain net income (from Part IV, line 2)... 4,251
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances 3,764
b Less: Cost of goods sold.... 2,117
c Gross profit or (loss) (attach schedule)..... Click to see attachment 1,647  
11 Other income (attach schedule)....... Click to see attachment 405,219 0  
12 Total. Add lines 1 through 11........ 19,626,837 10,251  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages...... 81,048 0   81,048
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 11,570 0   0
19 Depreciation (attach schedule) and depletion... Click to see attachment 108,649 0  
20 Occupancy.............. 17,926 0   0
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 426,715 81,009   512,692
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 645,908 81,009   593,740
25 Contributions, gifts, grants paid....... 167,117 167,117
26 Total expenses and disbursements. Add lines 24 and 25 813,025 81,009   760,857
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 18,813,812
b Net investment income (if negative, enter -0-) 0
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2021)
Form 990-PF (2021)
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............. 461,958 611,369 611,369
2 Savings and temporary cash investments......... 44,053,862 62,566,183 63,035,926
3 Accounts receivable bullet1,783
Less: allowance for doubtful accounts bullet     1,783 1,783
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.............. 99,474 101,590  
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet17,846,747
Less: accumulated depreciation (attach schedule) bullet2,140,045 15,563,603 Click to see attachment15,706,702 15,706,702
15 Other assets (describe bullet) Click to see attachment5,362 Click to see attachment5,362 Click to see attachment10,768,556
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 60,184,259 78,992,989 90,124,336
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 attachment3,182 Click to see attachment-1,900
23 Total liabilities (add lines 17 through 22)......... 3,182 -1,900
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 60,181,077 78,994,889
29 Total net assets or fund balances (see instructions)..... 60,181,077 78,994,889
30 Total liabilities and net assets/fund balances (see instructions). 60,184,259 78,992,989
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
60,181,077
2
Enter amount from Part I, line 27a .....................
2
18,813,812
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
78,994,889
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 29 .
6
78,994,889
Form 990-PF (2021)
Form 990-PF (2021)
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 65 SHS CORESITE REALTY CORP P 2020-10-01 2021-12-28
b ORION REIT SPIN-OFF P 2020-10-15 2021-11-15
c PARTIAL SHARE ORION P 2020-10-15 2021-11-15
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 11,050   8,520 2,530
b 1,726     1,726
c 9   14 -5
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       2,530
b       1,726
c       -5
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 4,251
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  
Form 990-PF (2021)
Form 990-PF (2021)
Page 4
Part V
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 for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) 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 0
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 0
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 0
b Exempt foreign organizations—tax withheld at source...... 6b 0
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 0
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 0
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet   RefundedBullet 11  
Part VI-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 the instructions
for the 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 XIV..................................
    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 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.
    If "Yes," complete Part XIII .............................
    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 (2021)
    Form 990-PF (2021)
    Page 5
    Part VI-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 2021, 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 VI-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? ...........
    1a(1)
    Yes
     
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person? ..............................
    1a(2)
     
    No
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
    1a(3)
     
    No
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
     
    No
    (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)? ......................
    1a(5)
     
    No
    (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.) ...............
    1a(6)
     
    No
    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
    c
    ........bullet
    d
    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 2021? .............
    1d
     
    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 2021, did the foundation have any undistributed income (lines 6d
    and 6e, Part XII) for tax year(s) beginning before 2021?....................
    2a
     
    No
    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? ..............................
    3a
     
    No
    b
    If "Yes," did it have excess business holdings in 2021 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 2021.) .....................
    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 2021? ..
    4b
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 6
    Part VI-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))? ..........
    5a(1)
     
    No
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive? ....................
    5a(2)
     
    No
    (3) Provide a grant to an individual for travel, study, or other similar purposes? .............
    5a(3)
     
    No
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions ........................
    5a(4)
     
    No
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals? .............
    5a(5)
     
    No
    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
     
     
    c
    .........bullet
    d
    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? .................
    5d
     
     
    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? .............................
    6a
     
    No
    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?
    7a
     
    No
    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? .........................
    8
     
    No
    Part VII
    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.
    1.00     		0 0 0
    4332 BENTON ELM DR
    PLANO,TX75024
    DONA R BRADLEY DIRECTOR
    1.00     		0 0 0
    321 OAR WOOD DR
    GRANBURY,TX76049
    DON L PARKS DIRECTOR
    1.00     		0 0 0
    4310 TUMBLEWEED TRAIL
    MIDLAND,TX79707
    HERBERT L CARTWRIGHT DIRECTOR
    1.00     		0 0 0
    3007 COLORADO COVE
    SAN ANTONIO,TX78253
    JERRY G RAINEY JR DIRECTOR, V.P. RANCH WILDL
    40.00     		0 0 0
    3519 LONGHORN LANE
    BROWNWOOD,TX76801
    MINDY R JOHNSON DIRECTOR OF GRANTS, V.P. S
    1.00     		0 0 0
    11093 CR 440
    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
    DEBRA K RICKER MANAGER
    40.00     		28,394 0 0
    69706 WEST MEADOW PARKWAY
    SISTERS,OR97759
    ANGELA K LUND OFFICE ASSISTANCE
    40.00     		14,380 0 0
    PO BOX 422
    SISTERS,OR97759
    LISA J THORSON OFFICE ASSISTANCE
    40.00     		13,532 0 0
    69459 LASSO
    SISTERS,OR97759
    REBECCA A SHARP OFFICE ASSISTANCE
    40.00     		12,868 0 0
    17282 IVY LANE
    SISTERS,OR97759
    HEIDI A WHIPPS OFFICE ASSISTANCE
    40.00     		11,873 0 0
    PO BOX 3500-1800
    SISTERS,OR97759
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 7
    Part VII
    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 VIII-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 PROVIDE FREE BOOKS FOR DISABLED AND VETERANS 243,077
    2 GRANT AND CONTRIBUTIONS TO CHARITABLE ORGANIZATION 167,117
    3 PROVIDING FREE RETREATS TO NONPROFIT ENTITIES 25,677
    4  
    Part VIII-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 (2021)
    Form 990-PF (2021)
    Page 8
    Part IX
    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
    31,596,869
    b
    Average of monthly cash balances.......................
    1b
    17,038,362
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    48,635,231
    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
    48,635,231
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) Click to see attachment.............................
    4
    729,528
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    47,905,703
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    400,300
    Part X
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part IX, line 6..................
    1
     
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
     
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    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 XII, line 1 ...
    7
     
    Part XI
    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
     
    b
    Program-related investments—total from Part VIII-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4.
    4
     
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 9
    Part XII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2020     		(c)
    2020     		(d)
    2021
    1 Distributable amount for 2021 from Part X, line 7  
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2021:
    a From 2016......  
    b From 2017......  
    c From 2018......  
    d From 2019......  
    e From 2020......  
    f Total of lines 3a through e ........  
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$  
    a Applied to 2020, 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 2021 distributable amount.....  
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2021.    
    (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 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2021. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2022 ..........     		 
    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 2016 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		 
    10 Analysis of line 9:
    a Excess from 2017....  
    b Excess from 2018....  
    c Excess from 2019....  
    d Excess from 2020....  
    e Excess from 2021....  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 10
    Part XIII
    Private Operating Foundations (see instructions and Part VI-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 2021, 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) 2021 (b) 2020 (c) 2019 (d) 2018
    0 0 0 0 0
    b 85% (0.85) of line 2a ......... 0 0 0 0 0
    c Qualifying distributions from Part XI,
    line 4 for each year listed .....     		760,857 4,737,209 4,936,056 4,112,898 14,547,020
    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 ....     		760,857 4,737,209 4,936,056 4,112,898 14,547,020
    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 IX, line 6 for each year listed ..     		266,867 1,445,124 1,251,616 43,456 3,007,063
    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 XIV
    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:
    DEBBIE GALLOWAY
    7924 PRESTON RD
    PLANO,TX75024
    (214) 802-9885
    DEBBIE.GALLOWAY@FBWTX.COM
    bThe form in which applications should be submitted and information and materials they should include:
    WRITTEN REQUEST OF DESCRIPTION OF DISABILITY AND MILITARY SERVICE WITH LIFE CHANGING INJURY. NATURE OF NEED AND AMOUNT REQUESTED FOR ASSISTANCE.
    cAny submission deadlines:
    MUST BE RECEIVED BY JUNE 30 FOR CALENDAR YEAR ASSISTANCE.
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    NONE
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 11
    Part XIV
    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
    ENCOURAGE ONE ANOTHER
    8002 BELCHASE WAY
    ARLINGTON,TX76001     		NONE PUBLIC CHARITY DONATION 15,000
    OPEN DOOR
    PO BOX 192
    CISCO,TX76437     		NONE PUBLIC CHARITY DONATION 50,000
    HEARTBEAT INTERNATIONAL
    5000 ARLINGTON CENTRE BLVD SUITE
    2277
    COLUMBUS,OH83220     		NONE PUBLIC CHARITY DONATION 75,000
    YOUNG LIFE CAPERNAUM
    11300 N CENTRAL EXPWY 600
    DALLAS,TX75243     		NONE PUBLIC CHARITY DONATION 10,000
    ROSS S STERLING HIGH SCHOOL PTO
    11625 MARTINDALE RD
    HOUSTON,TX77048     		NONE PUBLIC CHARITY DONATION 10,000
    DANIELLE ADAMS
    6456 CR 449
    MARQUEZ,TX77865     		NONE INDIVIDUAL DONATION 7,117
    Total .................................bullet 3a 167,117
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 12
    Part XV-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 ....          
    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 .....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 4,251  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory 453220 1,647      
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) .. 1,647 425,190 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    426,837
    (See worksheet in line 13 instructions to verify calculations.)
    Part XV-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 XV-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 (2021)
    Form 990-PF (2021)
    Page 13
    Part XVI
    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 instructions.
    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 (2021)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990)
    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
    2021
    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) (2021)
    Schedule B (Form 990) (2021) Page 2
    Name of organization
    THE 1687 FOUNDATION
    C/O DEBBIE GALLOWAY         		Employer identification number
    26-3772474
    Part I
    Contributors
    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

    		$ 19,200,000


    (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.)
    (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) (2021)
    Schedule B (Form 990) (2021)
    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
     
    		$    
    (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
     
    		$    
    (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) (2021)
    Schedule B (Form 990) (2021)
    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) (2021)
    Additional Data


    Software ID:  
    Software Version:  

    TY 2021 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 2021 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 6,910 200DB 7.000000000000 0 0    
    COMPUTER 2014-02-15 1,125 562 200DB 5.000000000000 0 0    
    TRUCK 1993 PETERBILT CAB 2016-09-30 28,000 28,000 200DB 3.000000000000 0 0    
    BUILDINGS 2017-07-17 13,395 1,472 SL 39.000000000000 57 0    
    COMPUTER AND OFFICE 2017-09-20 2,346 2,346 200DB 3.000000000000 0 0    
    CHARITABLE RETREATS EQUIPMENT 2017-06-22 12,194 12,194 200DB 3.000000000000 0 0    
    FURNISHINGS MUSEUM 2017-09-29 37,943 28,419 200DB 7.000000000000 552 0    
    GOLD TOUCH CHROME MACHINE MUSEUM 2017-08-02 10,769 9,738 200DB 5.000000000000 172 0    
    TRAILER 2017-12-27 8,890 8,890 200DB 3.000000000000 0 0    
    EQUIPMENT DEER 2018-05-03 46,490 38,457 200DB 5.000000000000 893 0    
    DEER HERD 2018-03-31 39,925 33,026 200DB 5.000000000000 767 0    
    BUILDINGS 2018-07-01 611,320 73,174 SL 27.500000000000 3,705 0    
    CHARITABLE RETREATS EQUIPMENT 2018-04-04 4,918 4,068 200DB 5.000000000000 95 0    
    CHARITABLE RETREATS EQUIPMENT 2018-07-12 193,177 46,020 150DB 20.000000000000 1,840 0    
    CABINS 2018-08-01 199,186 23,238 SL 27.500000000000 1,207 0    
    MUSEUM FURNISHINGS 2018-07-17 93,862 77,643 200DB 5.000000000000 1,802 0    
    MUSEUM CLASSIC CAR 2018-09-07 23,710 23,710 200DB 3.000000000000 0 0    
    LAND 2018-10-17 649,335   L   0 0    
    FURNITURE & EQUIPMENT 2018-06-25 4,721 3,905 200DB 5.000000000000 91 0    
    EQUIPMENT DEER 2019-04-17 30,757 21,899 200DB 5.000000000000 591 0    
    DEER HERD 2019-04-30 240,029 170,901 200DB 5.000000000000 4,609 0    
    BUILDINGS 2019-04-30 108,045 9,986 SL 27.500000000000 655 0    
    CHARITABLE RETREATS EQUIPMENT 2019-04-30 269 184 200DB 5.000000000000 6 0    
    CHARITABLE RETREATS EQUIPMENT 2019-04-30 7,244 5,158 200DB 5.000000000000 139 0    
    CHARITABLE RETREATS EQUIPMENT 2019-04-30 170,109 121,118 200DB 5.000000000000 3,266 0    
    CABINS 2019-04-30 59,697 5,518 SL 27.500000000000 362 0    
    CABINS-FURNISHINGS 2018-12-31 18,958 13,498 200DB 5.000000000000 364 0    
    CAR MUSEUM 2018-12-31 7,666,021 801,447 SL 27.500000000000 46,461 0    
    MUSEUM FURNISHINGS 2018-12-31 44,289 31,534 200DB 5.000000000000 850 0    
    MUSEUM CLASSIC CAR 2018-04-30 1,155,202   NC 0 % 0 0    
    LAND 2019-10-11 653,674   L   0 0    
    WAREHOUSE OR 2019-10-01 67,125 47,793 200DB 5.000000000000 1,289 0    
    MUSEUM BASEBALL 2018-12-31 265,013   NC 0 % 0 0    
    LAND 2019-10-17 50,086   L   0 0    
    DEER FENCING 2019-06-15 114,834 81,772 200DB 5.000000000000 2,204 0    
    1954 FLEX 2019-11-01 20,000 15,556 200DB 3.000000000000 494 0    
    EQUIPMENT DEER 2020-09-01 25,931 13,484 200DB 5.000000000000 830 0    
    DEER HERD 2020-03-31 28,600 14,872 200DB 5.000000000000 915 0    
    BUILDINGS 2020-03-31 8,296 491 SL 27.500000000000 50 0    
    CHARITABLE RETREATS EQUIPMENT 2020-03-31 23,120 9,248 200DB 5.000000000000 925 0    
    CHARITABLE RETREATS EQUIPMENT 2020-04-30 11,435 5,946 200DB 5.000000000000 366 0    
    CABINS 2020-09-15 1,562 64 SL 27.500000000000 10 0    
    CAR MUSEUM 2020-10-01 710,408 26,909 SL 27.500000000000 4,306 0    
    CABINS-FURNISHINGS 2020-09-15 218 114 200DB 5.000000000000 7 0    
    FURNISHINGS MUSEUM 2020-09-30 4,290 1,664 200DB 7.000000000000 125 0    
    CAR MUSEUM-ANNEX 2020-04-30 2,179,133 122,163 SL 27.500000000000 13,207 0    
    CAR MUSEUM-ANNEX F&F 2020-09-15 972 377 200DB 7.000000000000 28 0    
    LAND 2020-04-30 242,486   L   0 0    
    FURNITURE & EQUIPMENT 2019-10-01 7,088 5,047 200DB 5.000000000000 136 0    
    FURNITURE & EQUIPMENT 2020-10-14 1,192 620 200DB 5.000000000000 38 0    
    WAREHOUSE OR 2020-04-15 75,900 4,255 SL 27.500000000000 460 0    
    CAR MUSEUM-ANNEX 2021-04-30 1,289,774 25,405 SL 27.500000000000 7,817 0    
    CAR MUSEUM-ANNEX F&F 2021-04-30 24,983 3,569 200DB 7.000000000000 1,020 0    
    CHARITABLE RETREATS EQUIPMENT 2021-04-30 4,852 970 200DB 5.000000000000 259 0    
    FURNITURE & EQUIPMENT 2021-04-30 14,872 2,125 200DB 7.000000000000 607 0    
    CAR MUSEUM-FURNISHING/EQUIPMENT 2021-04-30 32,499 4,643 200DB 7.000000000000 1,327 0    
    CABINS FURNISHINGS 2021-04-30 3,765 538 200DB 7.000000000000 154 0    
    CAR MUSEUM 2021-04-30 82,674 1,628 SL 27.500000000000 501 0    
    WAREHOUSE OR 2021-04-30 82,010 1,615 SL 27.500000000000 497 0    
    DEER HERD 2021-04-30 31,600 6,320 200DB 5.000000000000 1,685 0    
    CHARITABLE RETREATS EQUIPMENT 2021-04-30 6,721 1,344 200DB 5.000000000000 359 0    
    BUILDINGS 2021-04-30 11,999 236 SL 27.500000000000 73 0    
    EQUIPMENT DEER 2021-12-01 33,526   200DB 5.000000000000 279 0    
    CHARITABLE RETREATS EQUIPMENT 2021-12-01 447   200DB 5.000000000000 4 0    
    CABINS 2021-12-01 5,200   SL 27.500000000000 4 0    
    CAR MUSEUM 2021-12-01 12,281   SL 27.500000000000 3 0    
    CAR MUSEUM-FURNISHING/EQUIPMENT 2021-12-01 22,575   200DB 7.000000000000 134 0    
    CAR MUSEUM-ANNEX 2021-12-01 176,574   SL 27.500000000000 45 0    
    FURNISHINGS MUSEUM 2021-11-01 1,144   200DB 7.000000000000 7 0    

    TY 2021 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 6,910 0  
    COMPUTER 1,125 1,125 0  
    SOFTWARE 2,000 2,000 0  
    TRUCK 1993 PETERBILT CAB 28,000 28,000 0  
    BUILDINGS 13,395 1,529 11,866  
    COMPUTER AND OFFICE 2,346 2,346 0  
    CHARITABLE RETREATS EQUIPMENT 12,194 12,194 0  
    FURNISHINGS MUSEUM 37,943 28,971 8,972  
    GOLD TOUCH CHROME MACHINE MUSEUM 10,769 9,910 859  
    TRAILER 8,890 8,890 0  
    EQUIPMENT DEER 46,490 39,350 7,140  
    DEER HERD 39,925 33,793 6,132  
    BUILDINGS 611,320 76,879 534,441  
    CHARITABLE RETREATS EQUIPMENT 4,918 4,163 755  
    CHARITABLE RETREATS EQUIPMENT 193,177 47,860 145,317  
    CABINS 199,186 24,445 174,741  
    MUSEUM FURNISHINGS 93,862 79,445 14,417  
    MUSEUM CLASSIC CAR 23,710 23,710 0  
    LAND 649,335 0 649,335  
    FURNITURE & EQUIPMENT 4,721 3,996 725  
    EQUIPMENT DEER 30,757 22,490 8,267  
    DEER HERD 240,029 175,510 64,519  
    BUILDINGS 108,045 10,641 97,404  
    CHARITABLE RETREATS EQUIPMENT 269 190 79  
    CHARITABLE RETREATS EQUIPMENT 7,244 5,297 1,947  
    CHARITABLE RETREATS EQUIPMENT 170,109 124,384 45,725  
    CABINS 59,697 5,880 53,817  
    CABINS-FURNISHINGS 18,958 13,862 5,096  
    CAR MUSEUM 7,666,021 847,908 6,818,113  
    MUSEUM FURNISHINGS 44,289 32,384 11,905  
    MUSEUM CLASSIC CAR 1,155,202 0 1,155,202  
    LAND 653,674 0 653,674  
    WAREHOUSE OR 67,125 49,082 18,043  
    MUSEUM BASEBALL 265,013 0 265,013  
    LAND 50,086 0 50,086  
    DEER FENCING 114,834 83,976 30,858  
    1954 FLEX 20,000 16,050 3,950  
    EQUIPMENT DEER 25,931 14,314 11,617  
    DEER HERD 28,600 15,787 12,813  
    BUILDINGS 8,296 541 7,755  
    CHARITABLE RETREATS EQUIPMENT 23,120 10,173 12,947  
    CHARITABLE RETREATS EQUIPMENT 11,435 6,312 5,123  
    CABINS 1,562 74 1,488  
    CAR MUSEUM 710,408 31,215 679,193  
    CABINS-FURNISHINGS 218 121 97  
    FURNISHINGS MUSEUM 4,290 1,789 2,501  
    CAR MUSEUM-ANNEX 2,179,133 135,370 2,043,763  
    CAR MUSEUM-ANNEX F&F 972 405 567  
    LAND 242,486 0 242,486  
    FURNITURE & EQUIPMENT 7,088 5,183 1,905  
    FURNITURE & EQUIPMENT 1,192 658 534  
    WAREHOUSE OR 75,900 4,715 71,185  
    CAR MUSEUM-ANNEX 1,289,774 33,222 1,256,552  
    CAR MUSEUM-ANNEX F&F 24,983 4,589 20,394  
    CHARITABLE RETREATS EQUIPMENT 4,852 1,229 3,623  
    FURNITURE & EQUIPMENT 14,872 2,732 12,140  
    CAR MUSEUM-FURNISHING/EQUIPMENT 32,499 5,970 26,529  
    CABINS FURNISHINGS 3,765 692 3,073  
    CAR MUSEUM 82,674 2,129 80,545  
    WAREHOUSE OR 82,010 2,112 79,898  
    DEER HERD 31,600 8,005 23,595  
    CHARITABLE RETREATS EQUIPMENT 6,721 1,703 5,018  
    BUILDINGS 11,999 309 11,690  
    EQUIPMENT DEER 33,526 279 33,247  
    CHARITABLE RETREATS EQUIPMENT 447 4 443  
    CABINS 5,200 4 5,196  
    CAR MUSEUM 12,281 3 12,278  
    CAR MUSEUM-FURNISHING/EQUIPMENT 22,575 134 22,441  
    CAR MUSEUM-ANNEX 176,574 45 176,529  
    FURNISHINGS MUSEUM 1,144 7 1,137  


    TY 2021 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 10,768,556


    TY 2021 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
    BANK FEES 107,045 81,009   25,905
    COMPUTER FEES, WEB SITE, HOSTING 740 0   740
    CONFERENCE, CONVENTION METTINGS 2,030 0   2,030
    CONTRACT LABOR 3,348 0   3,348
    FREE BOOKS AND PINS TO CHARITABLE ORGANIZATIONS 243,077 0   243,077
    HEALTH INSURANCE 2,866 0   2,866
    MUSEUM OPERATING EXPENSE 25,945 0   25,945
    OFFICE OVERHEAD 3,740 0   3,740
    SPECIAL EVENTS AND RETREATS 25,677 0   192,794
    TELEPHONE & TELECOMMUNICATIONS 1,172 0   1,172
    TRAVEL 4,849 0   4,849
    UTILITIES 6,226 0   6,226


    TY 2021 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 405,219 0 405,219


    TY 2021 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 -1,035 -1,900
    DEPOSIT 4,217 0


    TY 2021 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)
    CAR MUSEUM AND BASEBALL MEMORABILIA      

    TY 2021 SubstantialContributorsSch
    Name:
    THE 1687 FOUNDATION
     
    C/O DEBBIE GALLOWAY
    EIN:
    26-3772474
    Name Address
    PATTI PECK WOOD PO BOX 251089
    PLANO,TX75025


    TY 2021 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 11,562 0   0
    FOREIGN TAXES 8 0   0