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. 1545-0047
2021
Open to Public Inspection
For calendar year 2021, or tax year beginning 01-01-2021 , and ending 12-31-2021
Name of foundation
DODGE JONES LEGACY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 701
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
ABILENE, TX796040701
A Employer identification number

83-0775721
B Telephone number (see instructions)

(325) 627-7100
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$39,509,814J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments 143,309 143,309  
4 Dividends and interest from securities... 469,517 469,517  
5a Gross rents............ 34,849 34,849  
b Net rental income or (loss) -207,013
6a Net gain or (loss) from sale of assets not on line 10 2,638,847
b Gross sales price for all assets on line 6a 6,468,840
7 Capital gain net income (from Part IV, line 2)... 2,638,847
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 509,867 426,953  
12 Total. Add lines 1 through 11........ 3,796,389 3,713,475  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 1,163 1,163   0
b Accounting fees (attach schedule)....... Click to see attachment 14,000 14,000   0
c Other professional fees (attach schedule).... Click to see attachment 166,113 166,113   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 63,504 63,504   0
19 Depreciation (attach schedule) and depletion... Click to see attachment 544,090 400,020  
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 280,182 230,182   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,069,052 874,982   0
25 Contributions, gifts, grants paid....... 131,000 131,000
26 Total expenses and disbursements. Add lines 24 and 25 1,200,052 874,982   131,000
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 2,596,337
b Net investment income (if negative, enter -0-) 2,838,493
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............. 8,064 5,945 5,945
2 Savings and temporary cash investments......... 847,186 2,282,030 2,282,030
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet   980,000 0 0
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 15,707,993 Click to see attachment18,788,514 30,011,072
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).......... 3,773,086 Click to see attachment3,364,069 4,446,834
14 Land, buildings, and equipment: basis bullet2,859,408
Less: accumulated depreciation (attach schedule) bullet87,965 2,784,074 Click to see attachment2,771,443 2,761,840
15 Other assets (describe bullet) Click to see attachment2,075 Click to see attachment2,093 Click to see attachment2,093
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 24,102,478 27,214,094 39,509,814
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 attachment0 Click to see attachment515,275
23 Total liabilities (add lines 17 through 22)......... 0 515,275
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........ 21,059,328 21,059,328
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 3,043,150 5,639,491
29 Total net assets or fund balances (see instructions)..... 24,102,478 26,698,819
30 Total liabilities and net assets/fund balances (see instructions). 24,102,478 27,214,094
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
24,102,478
2
Enter amount from Part I, line 27a .....................
2
2,596,337
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
4
4
Add lines 1, 2, and 3 ..........................
4
26,698,819
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
26,698,819
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 620 AMERICAN CAMPUS COMMUNITIES P 2020-09-21 2021-07-26
b 15 KLA CORPORATION P 2020-03-24 2021-01-06
c 102.7 ORGANON & CO COMMON STOCK P 2021-01-01 2021-06-22
d 1,197 VERIZON COMMUNICATIONS INC P 2021-01-01 2021-03-03
e 5,489 AMERICAN CAMPUS COMMUNITIES P 2021-01-01 2021-07-26
1,304 APPLE INC COM P 2021-01-01 2021-03-29
1,004 APPLE INC COM P 2021-01-01 2021-09-15
939 DISNEY WALT CO COM P 2021-01-01 2021-11-04
347 KLA CORPORATION P 2021-01-01 2021-01-06
729 MICROSOFT CORP P 2019-02-05 2021-07-08
913 NIKE INC CL B COM P 2021-01-01 2021-04-15
.9 ORGANON & CO COMMON STOCK P 2019-02-05 2021-06-03
503.3 ORGANON & CO COMMON STOCK P 2021-01-01 2021-06-22
1,085 STARBUCKS CORP P 2019-02-05 2021-04-26
2,263 VERIZON COMMUNICATION P 2021-01-01 2021-02-08
1,066 VERIZON COMMUNICATIONS P 2021-01-01 2021-03-03
.26 CONOCOPHILLIPS P 1981-01-01 2021-01-19
431 BALL CORP COM P 2021-01-01 2021-03-10
1,511 META PLATFORMS INC P 2021-01-01 2021-01-21
660 INTUIT INC P 2020-09-21 2021-04-14
1,093 LULULEMON ATHLETICA INC P 2021-02-23 2021-05-21
289 PAYPAL HOLDINGS INC P 2020-09-08 2021-08-19
2,449 STARBUCKS CORP P 2021-01-01 2021-02-23
4,182 TWITTER INC P 2020-03-12 2021-02-26
132 TWITTER INC P 2020-09-10 2021-06-28
2,787 TWITTER INC P 2020-09-10 2021-07-30
79 VISA INC P 2020-04-29 2021-03-10
54 ALPHABET INC P 2018-12-28 2021-08-27
1,877 BALL CORP COM P 2021-01-01 2020-03-10
815 CATALENT INC P 2020-03-10 2021-08-24
722 CATALENT INC P 2020-03-10 2021-09-10
1,138 CATALENT INC P 2021-01-01 2021-11-09
787 DANAHER CORP P 2018-12-28 2021-05-11
170 DANAHER CORP P 2018-12-28 2021-08-19
579 IQVIA HLDGS INC COM P 2018-12-28 2021-04-29
481 IQVIA HLDGS INC COM P 2018-12-28 2021-08-27
235 PALO ALTO NETWORKS P 2020-01-08 2021-08-27
136 PAYPAL HOLDINGS INC P 2020-08-13 2021-08-19
380 SALESFORCE COM P 2020-05-18 2021-11-03
287 SHERWIN WILLIAMS CO P 2020-05-07 2021-09-07
997 SHERWIN WILLIAMS CO P 2021-01-01 2021-12-16
1,573 STARBUCKS CORP P 2018-12-27 2021-02-23
1,589 TWITTER INC P 2020-03-12 2021-06-28
668 VISA INC P 2018-12-27 2021-03-04
502 VISA INC P 2018-12-27 2021-03-05
589 VISA INC P 2018-12-27 2021-03-10
7,688 CLARIVATE PLC ORD SHS P 2021-01-01 2021-01-21
5,539 CLARIVATE PLC ORD SHS P 2019-08-15 2021-01-27
293 APTIV PLC SHS P 2018-12-28 2021-09-24
CAPITAL GAINS FROM K-1S P 2021-01-01 2021-12-31
CAPITAL GAINS DIVIDENDS P    
(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 31,041   21,010 10,031
b 3,997   2,005 1,992
c 3,031   3,959 -928
d 66,325   70,867 -4,542
e 274,814   210,236 64,578
158,195   56,519 101,676
149,129   52,356 96,773
159,326   111,666 47,660
92,462   42,241 50,221
202,260   78,093 124,167
121,792   75,756 46,036
27   33 -6
14,855   18,745 -3,890
125,504   75,093 50,411
124,135   125,880 -1,745
59,066   61,884 -2,818
11   3 8
36,741   26,694 10,047
410,336   358,931 51,405
272,885   202,580 70,305
339,863   355,320 -15,457
77,715   53,950 23,765
248,357   188,598 59,759
323,633   115,756 207,877
8,957   5,235 3,722
194,709   110,530 84,179
17,612   14,318 3,294
155,778   50,823 104,955
160,008   124,395 35,613
102,649   37,541 65,108
99,988   33,257 66,731
141,815   52,785 89,030
202,997   66,295 136,702
54,039   14,320 39,719
135,610   51,882 83,728
125,301   43,101 82,200
108,326   56,255 52,071
36,572   25,290 11,282
114,860   65,755 49,105
87,004   50,822 36,182
345,656   181,773 163,883
159,521   80,830 78,691
107,829   43,983 63,846
140,804   63,310 77,494
107,286   47,578 59,708
131,311   55,823 75,488
225,304   127,492 97,812
153,884   96,135 57,749
44,214   22,290 21,924
2,503     2,503
8,803     8,803
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       10,031
b       1,992
c       -928
d       -4,542
e       64,578
      101,676
      96,773
      47,660
      50,221
      124,167
      46,036
      -6
      -3,890
      50,411
      -1,745
      -2,818
      8
      10,047
      51,405
      70,305
      -15,457
      23,765
      59,759
      207,877
      3,722
      84,179
      3,294
      104,955
      35,613
      65,108
      66,731
      89,030
      136,702
      39,719
      83,728
      82,200
      52,071
      11,282
      49,105
      36,182
      163,883
      78,691
      63,846
      77,494
      59,708
      75,488
      97,812
      57,749
      21,924
      2,503
      8,803
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 2,638,847
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 39,455
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 39,455
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 56,139
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 20,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 76,139
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 36,684
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet36,684 RefundedBullet 11 0
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
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XIV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletTX
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.
    If "Yes," complete Part XIII .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (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 addressbulletN/A
    14
    The books are in care ofbulletFIRST FINANCIAL TRUST ASSET MGMT Telephone no.bullet (325) 657-7100

    Located atbulletPO BOX 701ABILENETX ZIP+4bullet796040701
    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)
     
    No
    (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
     
     
    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
    KADE L MATTHEWS PRESIDENT
    1.00     		0 0 0
    PO BOX 176
    ABILENE,TX796040176
    JOSPEH E CANON EXEC. VICE PRESIDENT
    1.00     		0 0 0
    PO BOX 176
    ABILENE,TX796040176
    KIRK THAXTON SECRETARY/TREASURER
    1.00     		0 0 0
    PO BOX 701
    ABILENE,TX796040701
    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 (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  
    2  
    3  
    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
    26,661,205
    b
    Average of monthly cash balances.......................
    1b
    1,356,826
    c
    Fair market value of all other assets (see instructions)................
    1c
    5,926,561
    d
    Total (add lines 1a, b, and c).........................
    1d
    33,944,592
    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
    33,944,592
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    509,169
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    33,435,423
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    1,671,771
    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
    1,671,771
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    39,455
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    39,455
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,632,316
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    1,632,316
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
    7
    1,632,316
    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 1,632,316
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2021:
    a From 2016......  
    b From 2017...... 1,694,443
    c From 2018...... 232,755
    d From 2019......  
    e From 2020......  
    f Total of lines 3a through e ........ 1,927,198
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 131,000
    a Applied to 2020, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2021 distributable amount..... 131,000
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2021. 1,501,316 1,501,316
    (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 5 425,882
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2021. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2022 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2016 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		425,882
    10 Analysis of line 9:
    a Excess from 2017.... 193,127
    b Excess from 2018.... 232,755
    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
     
    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
             
    b 85% (0.85) of line 2a .........          
    c Qualifying distributions from Part XI,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part IX, line 6 for each year listed ..     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part 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).)
    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:
    KIRK THAXTON
    PO BOX 701
    ABILENE,TX796040701
    (325) 627-7100
    bThe form in which applications should be submitted and information and materials they should include:
    IN WRITING BY LETTER DESCRIBING THE REQUEST AND PURPOSE OF THE FUNDS REQUESTED.
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    THERE WILL BE NO GRANTS TO INDIVIDUALS.
    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
    THE PARAMOUNT ABILENE
    352 CYPRESS ST
    ABILENE,TX79601     		  PC GENERAL OPERATIONS 131,000
    Total .................................bullet 3a 131,000
    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 ...........     		    14 143,309  
    4 Dividends and interest from securities ....          
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....     16 -207,013  
    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 2,638,847  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aPARTNERSHIP INCOME-UBI PORTION     		211110 82,914      
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) .. 82,914 3,471,613 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    3,554,527
    (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.)
    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

    TY 2021 AccountingFeesSchedule
    Name:
    DODGE JONES LEGACY FOUNDATION
    EIN:
    83-0775721
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING 14,000 14,000   0

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

    TY 2021 DepreciationSchedule
    Name:
    DODGE JONES LEGACY FOUNDATION
    EIN:
    83-0775721
    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
    PARAMOUNT THEATER FURNITURE & FIXTURES 2010-11-02 24,951 24,951 200DB 7.000000000000 0 0    
    220-240 CYPRESS RENOVATION 2015-09-30 78,689 10,594 SL 39.000000000000 2,018 0    
    CARPET & FLOORING 2017-01-25 31,193 24,006 200DB 5.000000000000 4,791 0    
    HVAC SYSTEM - PARAMOUNT 2017-12-31 89,597 6,796 SL 39.000000000000 2,297 0    
    HVAC SYSTEM - 220-240 CYPRESS 2018-12-31 137,494 7,050 SL 39.000000000000 3,525 0    
    FULLY DEPRECIATED ASSETS 2015-09-30 1,937 1,937 NC 7.000000000000 0 0    

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    DODGE JONES LEGACY FOUNDATION
    EIN:
    83-0775721
    Name of Stock End of Year Book Value End of Year Fair Market Value
    123 AMAZON COM INC 88,196 410,124
    334 AMEN PROPERTIES COMMON 55,849 145,290
    4,307 AMERICAN ELECTRIC POWER CO 355,046 383,194
    1,896 AMGEN INC 367,651 426,543
    4,572 APPLE COMPUTER INC 353,209 811,850
    531 BLACKROCK INC 251,647 486,162
    6,228 BLACKSTONE INC 320,249 805,841
    1,064 BROADCOM INC 338,013 707,996
    2,483 CAMDEN PROPERTY TRUST 223,881 443,662
    3,734 CHEVRON CORP NEW 374,882 438,185
    8,531 CISCO SYSTEMS 398,527 540,609
    6,333 CITIGROUP INC 443,720 382,450
    7,063 COCA COLA 338,213 418,200
    16,826 CONOCOPHILLIPS 419,278 1,214,501
    4,924 CVS HEALTH CORP 299,282 507,960
    2,164 EATON CORP 177,951 373,982
    665 FEDEX CORP 162,761 171,996
    963 HOME DEPOT 201,170 399,655
    2,024 HONEYWELL INTL 311,401 422,024
    7,988 INVITATION HOMES 226,420 362,176
    2,835 JOHNSON & JOHNSON 402,098 484,983
    4,584 JPMORGAN CHASE & CO 472,239 725,876
    3,867 KEYSIGHT TECHNOLOGIES 165,021 798,574
    542 KLA CORPORATION 79,151 233,120
    1,223 LOCKHEED MARTIN CORP 419,875 434,666
    40,793 MAIN STREET CAPITAL CORP 501,018 1,829,974
    1,512 MCDONALDS CORP 292,985 405,322
    2,270 MEDTRONIC PLC 197,232 234,832
    6,501 MERCK & CO INC 493,273 498,237
    3,913 MICROSOFT CORP 584,963 1,316,020
    6,777 MONDELEZ INTL INC 354,171 449,383
    1,854 NIKE INC 165,366 309,006
    4,123 NOVARTIS AG 343,518 360,639
    2,766 PEPSICO INC 350,282 480,482
    2,717 STARBUCKS CORP 218,648 317,807
    7,000 STORE CAPITAL CORPORATION 171,144 240,800
    1,906 THE WALT DISNEY CO 219,089 295,220
    731 UNION PACIFIC CORP COM 149,185 184,161
    14,626 WILLIAMS COS INC 323,790 380,861
    11,201 AERCAP HOLDINGS 645,224 732,769
    213 ALPHABET INC 267,913 617,070
    170 AMAZON COM INC 562,045 566,838
    2,668 APTIV PLC 170,186 440,087
    2,115 BLOCK INC 350,174 341,594
    2,127 CATALENT INC 176,026 272,320
    17,791 CLARIVATE PLC 427,821 418,444
    1,219 DANAHER CORP 124,429 401,063
    10,214 HALOZYME THERAPEUTICS INC 293,847 410,705
    1,929 IQVIA HLDGS INC 233,599 544,248
    1,574 LITHIA MOTORS INC 550,158 467,399
    1,140 MARTIN MARIETTA MATERIALS INC 391,137 502,193
    2,072 MICROSOFT CORP 326,561 696,855
    2,040 NVIDIA CORP 257,113 599,984
    1,209 PALO ALTO NETWORKS INC 288,012 673,123
    1,849 PAYPAL HOLDINGS 420,415 348,684
    1,746 SALESFORCE COM INC 372,223 443,711
    624 SIGNATURE BANK 195,354 201,845
    8,212 SOUTHWEST AIRLINES CO 379,612 351,802
    2,244 THE WALT DISNEY CO 373,595 347,573
    16,682 WELLS FARGO & CO 372,676 800,402

    TY 2021 InvestmentsOtherSchedule2
    Name:
    DODGE JONES LEGACY FOUNDATION
    EIN:
    83-0775721
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    MINERAL INTEREST FMV 3,083,367 4,000,199
    SILVER HILL III PARTNERSHIP FMV 151,469 191,838
    HIGH RIVER RESOURCES PARTNERSHIP FMV 0 125,000
    ABILENE MS PRIVATE LOAN I PARTNERSHIP FMV 129,233 129,797

    TY 2021 LandEtcSchedule2
    Name:
    DODGE JONES LEGACY FOUNDATION
    EIN:
    83-0775721
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    PARAMOUNT THEATER FURNITURE & FIXTURES 24,951 24,951 0  
    220-240 CYPRESS RENOVATION 78,689 12,612 66,077  
    CARPET & FLOORING 31,193 28,797 2,396  
    HVAC SYSTEM - PARAMOUNT 89,597 9,093 80,504  
    HVAC SYSTEM - 220-240 CYPRESS 137,494 10,575 126,919  
    FULLY DEPRECIATED ASSETS 1,937 1,937 0  


    TY 2021 LegalFeesSchedule
    Name:
    DODGE JONES LEGACY FOUNDATION
    EIN:
    83-0775721
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ATTORNEY FEES 1,163 1,163   0


    TY 2021 OtherAssetsSchedule
    Name:
    DODGE JONES LEGACY FOUNDATION
    EIN:
    83-0775721
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    DIVIDENDS RECEIVABLE 2,075 2,093 2,093


    TY 2021 OtherExpensesSchedule
    Name:
    DODGE JONES LEGACY FOUNDATION
    EIN:
    83-0775721
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OTHER ROYALTY EXPENSE 17,154 17,154   0
    EXCISE TAX 50,000 0   0
    OKLAHOMA WITHHOLDING TAX 13,831 13,831   0
    FEDERAL WITHHOLDING TAX 633 633   0
    INSURANCE - RENTAL 95,039 95,039   0
    REPAIRS & MAINTENANCE - RENTAL 62,321 62,321   0
    UTILITIES - RENTAL 23,074 23,074   0
    PROPERTY MANAGEMENT - RENTAL 18,000 18,000   0
    MISCELLANEOUS - RENTAL 130 130   0


    TY 2021 OtherIncomeSchedule2
    Name:
    DODGE JONES LEGACY FOUNDATION
    EIN:
    83-0775721
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    OIL & GAS ROYALTY 369,675 369,675 369,675
    PARTNERSHIP INCOME 52,412 52,412 52,412
    MISCELLANEOUS INCOME 3,244 3,244 3,244
    OKLAHOMA TAX REFUND 1,622 1,622 1,622
    PARTNERSHIP INCOME-UBI PORTION 82,914 0 82,914


    TY 2021 OtherIncreasesSchedule
    Name:
    DODGE JONES LEGACY FOUNDATION
    EIN:
    83-0775721
    Description Amount
    NONDEDUCTABLE EXPENSES 4


    TY 2021 OtherLiabilitiesSchedule
    Name:
    DODGE JONES LEGACY FOUNDATION
    EIN:
    83-0775721
    Description Beginning of Year - Book Value End of Year - Book Value
    NEGATIVE BASIS IN HIGH RIVER RESOURCES 0 515,275


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    DODGE JONES LEGACY FOUNDATION
    EIN:
    83-0775721
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OIL & GAS TRUSTEE FEES 17,158 17,158   0
    TRUSTEE FEES 148,955 148,955   0


    TY 2021 TaxesSchedule
    Name:
    DODGE JONES LEGACY FOUNDATION
    EIN:
    83-0775721
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 7,107 7,107   0
    OIL & GAS PRODUCTION TAXES 13,099 13,099   0
    PROPERTY TAXES - RENTAL 43,298 43,298   0