| Identifier | Return Reference | Explanation |
|---|---|---|
| WEBSITE ADDRESS | FORM 990-PF, PART VII-A, LINE 13 | HTTPS://BROADWAY.BANK/WEALTH-MANAGEMENT/FOUNDATION-GRANTS-MANAGEMENT/NANCY-SMITH-HURD-FOUNDATION |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| CORPORATE BONDS | 8,489,923 | 8,534,549 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| SECURITIES | 38,677,241 | 55,052,399 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| MINERAL INTEREST | FMV | 347,950 | 509,714 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| HURD ENTERPRISES, LTD | 31,338,183 | 30,808,498 | 20,779,000 |
| HURD INVESTMENTS, LTD | 2,724,342 | 2,845,597 | 2,668,000 |
| TIOS PRODUCTION COMPANY, LTD | 16,344 | 16,232 | 1,186,000 |
| UNREALIZED GAIN/(LOSS) ON PARTNERSHIP INVESTMENTS | -13,366,209 | -13,366,209 | -13,366,209 |
| Description | Amount |
|---|---|
| OTHER ADJUSTMENTS | 97,344 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INSURANCE | 2,741 | 2,741 | 0 | |
| ROYALTY EXPENSES | 49,778 | 49,778 | 0 | |
| PORTFOLIO DEDUCTIONS | 39,530 | 39,530 | 0 | |
| CHARITABLE CONTRIBUTIONS FROM PASSTHROUGH | 1,043 | 1,043 | 0 | |
| OTHER DEDUCTIONS FROM PASSTHROUGH | 24,619 | 24,619 | 0 | |
| NET LOSS FROM OTHER RENTAL-HURD ENTERPRISES K-1 | 9,743 | 9,743 | 0 | |
| NET LOSS FROM RENTAL REAL ESTATE INCOME-TIOS PRODUCTION K-1 | 112 | 112 | 0 | |
| ORDINARY LOSS-HURD INVESTMENTS K-1 | 30,162 | 30,162 | 0 | |
| NET LOSS FROM RENTAL REAL ESTATE INCOME - HURD INVESTMENTS | 194 | 194 | 0 | |
| NET LOSS FROM RENTAL REAL ESTATE INCOME - HURD ENTERPRISES | 616,425 | 616,425 | 0 | |
| INVESTMENT INTEREST EXPENSE - HURD ENTERPRISES | 581 | 581 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| ROYALTY INCOME | 180,107 | 180,107 | 180,107 |
| ROYALTY INCOME - HURD ENTERPRISES | 332,994 | 332,994 | 332,994 |
| OTHER INCOME-INVESTMENT | 1,737 | 1,737 | 1,737 |
| OTHER INCOME - HURD ENTERPRISES | 5,780 | 5,780 | 5,780 |
| OTHER TAX EXEMPT INCOME - HURD ENTERPRISES | -6,360 | 0 | -6,360 |
| OTHER PORTFOLIO INCOME - HURD INVESTMENTS | 1,074 | 1,074 | 1,074 |
| OTHER INCOME - HURD ENTERPRISES | 211 | 211 | 211 |
| ORDINARY INCOME - HURD ENTERPRISES | 628,688 | 628,688 | 628,688 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT MANAGEMENT FEES | 369,826 | 369,826 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAXES | 29,866 | 29,866 | 0 |