Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2024
Open to Public Inspection
For calendar year 2024, or tax year beginning 01-01-2024 , and ending 12-31-2024
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)7460 VAN TUYL PARKWAY
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MCKINNEY, TX75070
A Employer identification number

26-3772474
B Telephone number (see instructions)

(214) 802-9885
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$202,063,365J 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) 15,000,000
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 4,552,474    
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 205,962
b Gross sales price for all assets on line 6a 205,962
7 Capital gain net income (from Part IV, line 2)... 205,962
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances 17,614
b Less: Cost of goods sold.... 26,914
c Gross profit or (loss) (attach schedule)..... Click to see attachment
List of Attached Documents:
// Content
-9,300  
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
8,480,910 0  
12 Total. Add lines 1 through 11........ 28,230,046 205,962  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 155,000 0   155,000
14 Other employee salaries and wages......        
15 Pension plans, employee benefits....... -335 0   -355
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
4,654 0   4,654
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
45,535 0   45,535
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
12,861 0   12,861
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
688,909 0  
20 Occupancy.............. 110,626 0   110,626
21 Travel, conferences, and meetings....... 88,368 0   88,368
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
4,369,933 729,092   3,640,841
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 5,475,551 729,092   4,057,530
25 Contributions, gifts, grants paid....... 4,680,477 4,680,477
26 Total expenses and disbursements. Add lines 24 and 25 10,156,028 729,092   8,738,007
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 18,074,018
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 (2024)
Form 990-PF (2024)
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............. 577,351 578,616 578,616
2 Savings and temporary cash investments......... 122,170,188 140,038,409 147,551,287
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
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) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use.............. 67,823 75,224 75,224
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 right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis right arrow25,732,794
Less: accumulated depreciation (attach schedule) right arrow4,095,476 21,440,187 Click to see attachment
List of Attached Documents:
// Content
21,637,318 		21,639,767
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
5,362 		Click to see attachment
List of Attached Documents:
// Content
5,362 		Click to see attachment
List of Attached Documents:
// Content
32,218,471
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 144,260,911 162,334,929 202,063,365
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 right arrow)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
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 right arrow
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 144,260,911 162,334,929
29 Total net assets or fund balances (see instructions)..... 144,260,911 162,334,929
30 Total liabilities and net assets/fund balances (see instructions). 144,260,911 162,334,929
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
144,260,911
2
Enter amount from Part I, line 27a .....................
2
18,074,018
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
162,334,929
5
Decreases not included in line 2 (itemize) right arrow
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
162,334,929
Form 990-PF (2024)
Form 990-PF (2024)
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 SALES OF STOCKS AND BONDS P    
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 205,962     205,962
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       205,962
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 205,962
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
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 right arrow 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) 1 0
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 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 66,142
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 66,142
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.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 66,142
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow0 Refundedright arrow 11 66,142
Form 990-PF (2024)
Form 990-PF (2024)
Page 4
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. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 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:
round bullet By language in the governing instrument, or
round bullet 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)
right arrowOR, 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 2024 or the taxable year beginning in 2024? 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
List of Attached Documents:
// Content
...............................
10
Yes
 
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 addressright arrowHTTP://WWW.1687FOUNDATION.COM/
14
The books are in care ofright arrowDEBBIE GALLOWAY Telephone no.right arrow (214) 802-9885

Located atright arrow7460 VAN TUYL PARKWAYMCKINNEYTX ZIP+4right arrow75070
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2024, 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 right arrow
Form 990-PF (2024)
Form 990-PF (2024)
Page 5
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
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
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 2024? .............
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 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
2a
 
No
If "Yes," list the years right arrow20, 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.
right arrow20, 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 2024 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 2024.) .....................
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 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
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
Organizations relying on a current notice regarding disaster assistance check .........right arrow
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 7460 VAN TUYL
PARKWAY
MCKINNEY,TX75070
DEBORAH J GALLOWAY DIRECTOR OF FINANCE, V.P.
1.00 		21,000 0 0
410 LILAC LN
FAIRVIEW,TX75069
DONA R BRADLEY DIRECTOR
1.00 		21,000 0 0
321 OAR WOOD DR
GRANBURY,TX76049
DON L PARKS DIRECTOR
1.00 		21,000 0 0
4310 TUMBLEWEED TRAIL
MIDLAND,TX79707
HERBERT L CARTWRIGHT DIRECTOR, CEO
1.00 		29,000 0 0
3007 COLORADO COVE
SAN ANTONIO,TX78253
JERRY G RAINEY JR DIRECTOR, V.P. RANCH WILDLIFE
1.00 		21,000 0 0
3519 LONGHORN LANE
BROWNWOOD,TX76801
MINDY R JOHNSON DIRECTOR OF GRANTS, V.P.
1.00 		21,000 0 0
11093 CR 440
CROSS PLAINS,TX76443
THAD CHAMBERS DIRECTOR
1.00 		21,000 0 0
213 ERIN DR
KERRVILLE,TX78028
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...................right arrow 0
Form 990-PF (2024)
Form 990-PF (2024)
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.............right arrow0
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 PROVIDING OVER 554000 FREE CHRISTIAN BOOKS TO RELIGIOUS ORGANIZATIONS AND FREE 53,825 PATRIOTIC PINS FOR PRISONS, CHURCHES, AND OTHER CHARITABLE ORGANIZATIONS 814,583
2 GRANTS, CONTRIBUTIONS AND SCHOLARSHIPS TO CHARITABLE ORGANIZATIONS SEE PART XIV GRANTS AND CONTRIBUTIONS 4,379,277
3 IRS APPROVED SCHOLARSHIP PROGRAM TO OUTSTANDING STUDENTS SELECTED BY THEIR TEACHERS AND SCHOOLS APPROVED BY THE BOARD PART XIV GRANTS AND CONTRIBUTIONS 301,196
4 PROVIDING FREE CHARITABLE RETREATS TO 1,229 PARTICIPANTS OF 54 NON-PROFIT ORGANIZATIONS 285,439
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.........................right arrow0
Form 990-PF (2024)
Form 990-PF (2024)
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
131,793,577
b
Average of monthly cash balances.......................
1b
513,689
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
132,307,266
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
132,307,266
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) Click to see attachment
List of Attached Documents:
// Content
.............................
4
1,984,609
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
130,322,657
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
6,516,133
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 2024 from Part V, line 5 .......
2a
 
b
Income tax for 2024. (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
8,738,007
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
8,738,007
Form 990-PF (2024)
Form 990-PF (2024)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2023 		(c)
2023 		(d)
2024
1 Distributable amount for 2024 from Part X, line 7  
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only.......  
b Total for prior years:20 , 20, 20  
3 Excess distributions carryover, if any, to 2024:
a From 2019......  
b From 2020......  
c From 2021......  
d From 2022......  
e From 2023......  
f Total of lines 3a through e ........  
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$  
a Applied to 2023, 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 2024 distributable amount.....  
e Remaining amount distributed out of corpus  
5 Excess distributions carryover applied to 2024.    
(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 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		 
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 .......... 		 
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 2019 not
applied on line 5 or line 7 (see instructions) ... 		 
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		 
10 Analysis of line 9:
a Excess from 2020....  
b Excess from 2021....  
c Excess from 2022....  
d Excess from 2023....  
e Excess from 2024....  
Form 990-PF (2024)
Form 990-PF (2024)
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 2024, enter the date of the ruling ...... right arrow
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 IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2024 (b) 2023 (c) 2022 (d) 2021
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 ..... 		8,738,007 7,193,347 5,948,308 760,857 22,640,519
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 .... 		8,738,007 7,193,347 5,948,308 760,857 22,640,519
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 .. 		4,344,089 3,866,465 2,401,747 266,867 10,879,168
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 right arrow if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
DEBBIE GALLOWAY
7460 VAN TUYL PARKWAY
MCKINNEY,TX75070
(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 (2024)
Form 990-PF (2024)
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

ABILENE YOUTH SPORTS AUTHORITY - GRANT

1024 LOOP 322
ABILENE,TX79602 		NONE PUBLIC CHARITY DONATION 61,000

AMAZING PLACE - GRANT

PO BOX 4717-1
HOUSTON,TX77210 		NONE PUBLIC CHARITY DONATION 10,000

AMERICAN LEGION POST #196 - GRANT

C/O BILL YEAGER PO BOX 1111
BROWNWOOD,TX76801 		NONE PUBLIC CHARITY DONATION 5,000

AT LAST - GRANT

405 E OVERTON RD
DALLAS,TX75216 		NONE PUBLIC CHARITY DONATION 10,000

AUSTIN STREET CENTER - GRANT

1717 JEFFERIES ST
DALLAS,TX75226 		NONE PUBLIC CHARITY DONATION 10,000

BAIRD JR LIVESTOCK ASSOCIATIO - DONATION

PO BOX 1373
CLYDE,TX79510 		NONE PUBLIC CHARITY DONATION 2,500

BASIN DREAM CENTER FOR ORPHANS - GRANT

PO BOX 52473
MIDLAND,TX79710 		NONE PUBLIC CHARITY DONATION 25,000

BCYFR SUPPORTERS - INV 138

PO BOX 1101
BROWNWOOD,TX76804 		NONE PUBLIC CHARITY DONATION 26,050

BIG BROTHERS BIG SISTERS OF EL - GRANT

1724 WYOMING AVE
EL PASO,TX79902 		NONE PUBLIC CHARITY DONATION 25,000

BILLY GRAHAM EVANGELISTIC ASSO - DONATION- SAMARITANS PURSE

1 BILLY GRAHAM PARKWAY
CHARLOTTE,NC28201 		NONE PUBLIC CHARITY DONATION 100,000
BRAD ROWLAND - CONTRIBUTION FOR TAM


2202 N 440 RD
LOCUST GROVE,OK74352 		NONE INDIVIDUAL DONATION 20,000

BYNUM SCHOOL - GRANT

PO BOX 80175
MIDLAND,TX79708 		NONE PUBLIC CHARITY DONATION 50,000

CAMP ABLE - TEAM B290'S

PO BOX 695
BUFFALO GAP,TX79508 		NONE PUBLIC CHARITY DONATION 2,207

CAMP ABLE OF BUFFALO GAP - ABILENE GIVES FUNDRAISER

PO BOX 695
BUFFALO GAP,TX79508 		NONE PUBLIC CHARITY DONATION 150,495

CENTER FOR ASD - MATCHING GRANT

PO BOX 516
CROWLEY,TX76036 		NONE PUBLIC CHARITY DONATION 75,000

CENTERS FOR CHILDREN & FAMILIES - GRANT

3701 ANDREWS HIGHWAY
MIDLAND,TX79703 		NONE PUBLIC CHARITY DONATION 25,000

CHARIS HILLS CAMP - GRANT

498 FAULKNER RD
SUNSET,TX76270 		NONE PUBLIC CHARITY DONATION 30,000

CHASE'S PLACE - GRANT

620 N COIT RD SUITE 2176
RICHARDSON,TX75080 		NONE PUBLIC CHARITY DONATION 65,000

CHILDREN AT HEART MINISTRIES - GRANT

C/O GRACEWOOD 1301 NORTH MAYS ST
ROUND ROCK,TX78664 		NONE PUBLIC CHARITY DONATION 10,000

CHRISTIAN MEN'S LIFE SKILLS - GRANT

PO BOX 294209
KERRVILLE,TX78028 		NONE PUBLIC CHARITY DONATION 5,000

CHRISTIAN WOMEN'S JOB CORP - GRANT

2410 COGGIN AVE
BROWNWOOD,TX76801 		NONE PUBLIC CHARITY DONATION 5,000

CLYDE JR LIVESTOCK ASSOCIATION - SPONSORSHIP

PO BOX 878
CLYDE,TX79510 		NONE PUBLIC CHARITY DONATION 2,500

COLEMAN CARES - GRANT

PO BOX 787
COLEMAN,TX76834 		NONE PUBLIC CHARITY DONATION 50,000

COLEMAN COUNTY JR LIVESTOCK - HADDEN EDINGTON AND HUNTER EDINGTON

PO BOX 292
COLEMAN,TX76834 		NONE PUBLIC CHARITY DONATION 200

COMMUNITY GARDEN KITCHEN - GRANT

501 HOWARD STREET
MCKINNEY,TX75069 		NONE PUBLIC CHARITY DONATION 10,000

CORNERSTONE COMMUNITY DEVELOPM - GRANT

405 E OVERTON RD
DALLAS,TX75216 		NONE PUBLIC CHARITY DONATION 10,000

COTTONWOOD BAPTIST CHURCH - GRANT- COFFEE SHOP

13033 CR 437
CROSS PLAINS,TX76443 		NONE PUBLIC CHARITY DONATION 10,000

CROSS PLAINS FOOD PANTRY - DONATION

PO BOX 160
CROSS PLAINS,TX76443 		NONE PUBLIC CHARITY DONATION 1,657

CROSS PLAINS HS CHEER - CHEER BANNER RENEWAL

700 N MAIN STREET
CROSS PLAINS,TX76443 		NONE PUBLIC CHARITY DONATION 100

CROSS PLAINS LIVESTOCK ASSOCIA - DONATION

14501 FM 880 S
CROSS PLAINS,TX76443 		NONE PUBLIC CHARITY DONATION 2,500

CROSS PLAINS PUBLIC LIBRARY - GRANT

PO BOX 333
CROSS PLAINS,TX76443 		NONE PUBLIC CHARITY DONATION 3,700

CROSS PLAINS YOUTH SPORTS - GRANT

12450 CR 426
CROSS PLAINS,TX76443 		NONE PUBLIC CHARITY DONATION 10,000

DOWN'S SYNDROME ASSOC OF HOUST - GRANT

4400 HARRISBURG BLVD
HOUSTON,TX77011 		NONE PUBLIC CHARITY DONATION 40,000

ELAM MINISTRIES - GRANT

5755 NORTH POINT PKWY SUITE 217
ALPHARETTA,GA30022 		NONE PUBLIC CHARITY DONATION 120,000

EMBRACE GRACE - GRANT

700 BEDFORD EULESS RD SUITE G
HURST,TX76053 		NONE PUBLIC CHARITY DONATION 43,268

ENCOURAGE ONE ANOTHER - GRANT

8002 BELCHASE WAY
ARLINGTON,TX76001 		NONE PUBLIC CHARITY DONATION 50,000

EPILEPSY FOUNDATION TEXAS - GRANT

2401 FOUNTAIN VIEW DR SUITE 900
HOUSTON,TX77057 		NONE PUBLIC CHARITY DONATION 20,000
ERIKA SWIFT JACE - MONTHLY PMT FOR


PO BOX 401
GAIL,TX79738 		NONE INDIVIDUAL DONATION 10,000

EULA LIVESTOCK ASSOCIATION - DONATION

6040 FM 603
CLYDE,TX79510 		NONE PUBLIC CHARITY DONATION 2,500

FIRST BAPTIST CHURCH OF BUFFAL - GRANT

PO BOX 459
BUFFALO GAP,TX79508 		NONE PUBLIC CHARITY DONATION 55,758

FIRST METHODIST CHURCH - DONATION

PO BOX 160
CROSS PLAINS,TX76443 		NONE PUBLIC CHARITY DONATION 3,000

GENERAL TOMMY FRANKS - INV #4SL-24-05

PO BOX 222 507 SOUTH MAIN
HOBART,OK73651 		NONE PUBLIC CHARITY DONATION 12,500

HEARTBEAT INTERNATIONAL - GRANT

5000 ARLINGTON CENTRE BLVD SUITE
2277
COLUMBUS,OH43220 		NONE PUBLIC CHARITY DONATION 240,000

HEIFER INTERNATIONAL - GRANT

1 WORLD AVENUE
LITTLE ROCK,AR72202 		NONE PUBLIC CHARITY DONATION 5,000

HIDEOUT WGA - SPONSORSHIP

PO BOX 341
BROWNWOOD,TX76804 		NONE PUBLIC CHARITY DONATION 1,500

HOPE AND HEALING CENTER - GRANT

717 SAGE ROAD
HOUSTON,TX77056 		NONE PUBLIC CHARITY DONATION 10,000

HOPE SUPPLY CO - GRANT

3802 OAK LAWN AVE
DALLAS,TX75219 		NONE PUBLIC CHARITY DONATION 5,000

INGRAM POLICE DEPARTMENT - GRANT

226 HWY 39
INGRAM,TX78025 		NONE PUBLIC CHARITY DONATION 24,400
JENNIFER SIMPSON JACE - REIMBURSE F


1213 SONJIA DR
EARLY,TX76802 		NONE INDIVIDUAL DONATION 2,500

LIFELINE CHILDREN'S SERVICES - GRANT

100 MISSIONARY RIDGE
BIRMINGHAM,AL65242 		NONE PUBLIC CHARITY DONATION 180,563

LIVE OAK CHURCH - GRANT

1551 COUNTRY RD 416
COMANCHE,TX76442 		NONE PUBLIC CHARITY DONATION 34,000
MANUEL GARCIA GAVIN - DONATION- TRI


112 CIRRUSCOVE
CIBOLO,TX78108 		NONE INDIVIDUAL DONATION 20,000

MERCY GATE MINISTRIES-MINDY - GRANT

PO BOX 590
INGRAM,TX78025 		NONE PUBLIC CHARITY DONATION 100,000

MIDLAND CHILDREN'S REHAB CENT - GRANT

802 VENTURA
MIDLAND,TX79705 		NONE PUBLIC CHARITY DONATION 25,000

MIGHTY OAKS FOUNDATION - GRANT

33134 MAGNOLIA CIRCLE STE A UNIT 10
MAGNOLIA,TX77354 		NONE PUBLIC CHARITY DONATION 12,000

MILE MONSTER INC - GRANT

220 HOCKENBURY RD
HILLSBOROUGH,NJ08844 		NONE PUBLIC CHARITY DONATION 40,000

MOVING WATER - GRANT

PO BOX 1477
CYPRESS,TX77410 		NONE PUBLIC CHARITY DONATION 45,000

NARROW GATE FOUNDATION - GRANT

PO BOX 267
DUCK RIVER,TN38454 		NONE PUBLIC CHARITY DONATION 40,000

OLDEN VOLUNTEER FIRE DEPARTMEN - GRANT

PO BOX 194
OLDEN,TX76466 		NONE PUBLIC CHARITY DONATION 100,000

OPEN DOOR - 2024 MOBILE UNIT EXPENSES

PO BOX 192
CISCO,TX76437 		NONE PUBLIC CHARITY DONATION 123,063

OPERATION AT EASE - GRANT

3906 GLENWOOD DR
BROWNWOOD,TX76801 		NONE PUBLIC CHARITY DONATION 5,000

PERMIAN BASIN BE THE CHANGE - GRANT

PO BOX 52643
MIDLAND,TX79710 		NONE PUBLIC CHARITY DONATION 15,000

PERMIAN WARRIOR PARTNERSHIP - GRANT

1450 GREENE ST SUITE 135
AUGUSTA,GA30901 		NONE PUBLIC CHARITY DONATION 24,000

PLAY IT FORWARD FOUNDATION - GRANT

311 SKYLINE DR
TROPHY CLUB,TX76262 		NONE PUBLIC CHARITY DONATION 50,000

SAFE PLACE - GRANT

PO BOX 11331
MIDLAND,TX79702 		NONE PUBLIC CHARITY DONATION 5,000

SALVATION ARMY - YEAR END JAR DONATION

8787 N STEMMONS FRWY SUITE 800
DALLAS,TX75247 		NONE PUBLIC CHARITY DONATION 2,468

SAN ANTONIO FOOD BANK - GRANT

5200 ENRIQUE BARRERA PKWY
SAN ANTONIO,TX78227 		NONE PUBLIC CHARITY DONATION 10,000

SCOTTISH RITES - GRANT

2222 WELBORN ST
DALLAS,TX75219 		NONE PUBLIC CHARITY DONATION 20,000

SENIOR CITIZENS CENTER - YEAR END JAR DONATION

PO BOX 144
CROSS PLAINS,TX76443 		NONE PUBLIC CHARITY DONATION 4,808

SHARING HANDS - GRANT

3500 NORTH A STREET STE 2500
MIDLAND,TX79705 		NONE PUBLIC CHARITY DONATION 50,000

SIGHTS ON CHRIST - END OF YEAR JAR DONATION

240 SQUIRREL RUN
ARGYLE,TX76226 		NONE PUBLIC CHARITY DONATION 2,879

SPOKEN WORLDWIDE - GRANT

12655 N CENTRAL EXPWY SUITE 600
DALLAS,TX75243 		NONE PUBLIC CHARITY DONATION 18,000

ST JUDE CHILDREN'S HOSPITAL - GRANT

501 ST JUDE PLACE
MEMPHIS,TN38105 		NONE PUBLIC CHARITY DONATION 10,000

STICK HORSES AND CAPES - GRANT

PO BOX 4079
ABILENE,TX79608 		NONE PUBLIC CHARITY DONATION 10,000

TEXAS BRIGADES - BOBWHITE QUAIL BRIGADE

6644 FM 1102
NEW BRAUNFELS,TX78132 		NONE PUBLIC CHARITY DONATION 40,000

TEXAS HUNTER FOR HEROES WEST T - GRANT

355 FM 604 N
CLYDE,TX79510 		NONE PUBLIC CHARITY DONATION 41,917

TEXAS RANGERS BASEBALL FOUNDAT - 2023 ANNUAL CONTRIBUTION

ATTN JUSTIN HENRY 734 STADIUM DR
ARLINGTON,TX76011 		NONE PUBLIC CHARITY DONATION 50,000

TEXAS RANGERS BASEBALL FOUNDAT - INV# 11820242 GALA

ATTN JUSTIN HENRY 734 STADIUM DR
ARLINGTON,TX76011 		NONE PUBLIC CHARITY DONATION 50,000

TEXAS TECH FOUNDATION - AGREEMENT 2024

TTU CASNR OFFICE OF DEVELOPMENT PO
BOX 42123
LUBBOCK,TX79409 		NONE PUBLIC CHARITY DONATION 580,000

TEXAS TECH FOUNDATION - AGREEMENT GRANT

TTU CASNR OFFICE OF DEVELOPMENT PO
BOX 42123
LUBBOK,TX79409 		NONE PUBLIC CHARITY DONATION 500,000

TEXAS TECH FOUNDATION - CASNR AGREEMENT

TTU CASNR OFFICE OF DEVELOPMENT PO
BOX 42123
LUBBOCK,TX79409 		NONE PUBLIC CHARITY DONATION 10,000

TEXAS TECH FOUNDATION - GRANT

TTU CASNR OFFICE OF DEVELOPMENT PO
BOX 42123
LUBBOCK,TX79409 		NONE PUBLIC CHARITY DONATION 100,000

TEXAS TECH FOUNDATION - MILE PROGRAM AGREEMENT

TTU CASNR- THE MILE FUND PO BOX
421213
LUBBOCK,TX79409 		NONE PUBLIC CHARITY DONATION 10,000

TEXAS TECH FOUNDATION INC - GRANT

PO BOX 45025
LUBBOCK,TX79409 		NONE PUBLIC CHARITY DONATION 350,000

TEXAS TECH FOUNDATION INC - THE 1687 FOUNDATION SCHOLARSHIP

PO BOX 41081
LUBBOCK,TX79409 		NONE PUBLIC CHARITY DONATION 100,000

TEXAS TECH FUND - GRANT

PO BOX 42123
LUBBOCK,TX79409 		NONE PUBLIC CHARITY DONATION 20,000

TEXAS TECH FUND - TRTC AGREEMENT

TTU TRTC PO BOX 42123
LUBBOCK,TX79409 		NONE PUBLIC CHARITY DONATION 10,000

THE LIFE CENTER - GRANT

2101 W WALL STREET
MIDLAND,TX79701 		NONE PUBLIC CHARITY DONATION 5,000

THE PREGNANCY RESOURCE CENTER - GRANT

718 ALINE DR
KERRVILLE,TX78028 		NONE PUBLIC CHARITY DONATION 5,000

THE ROCK - GRANT

4200 S HULEN SUITE 630
FORT WORTH,TX76109 		NONE PUBLIC CHARITY DONATION 4,000

THE SENIOR SOURCE - GRANT

3910 HARRY HINES BLVD
DALLAS,TX75219 		NONE PUBLIC CHARITY DONATION 5,000

TRUIST - DONATIONCP PROJECT GRADUATION

700 N MAIN STREET
CROSS PLAINS,TX76443 		NONE PUBLIC CHARITY DONATION 315
TRUIST - ERICA VAUGHAN'S WHEELCHAIR


25086 HIGHWAY 16
PETTIGREW,AR72752 		NONE INDIVIDUAL DONATION 3,550

WEST HOUSTON ANIMAL RESCUE - GRANT

14053 MEMORIAL DR 245
HOUSTON,TX77079 		NONE PUBLIC CHARITY DONATION 5,000
WMK LLC - VAN DONATION FOR HEATHER


4199 KINROSS LAKE PKWY STE 300
RICHFIELD,OH44286 		NONE INDIVIDUAL DONATION 69,380

YOUNG LIFE CAPERNAUM - GRANT

11300 N CENTRAL EXPWY 600
DALLAS,TX75243 		NONE PUBLIC CHARITY DONATION 15,000
ABILENE CHRISTIAN UNIVERSITY - BRIT


1694 CAMPUS COURT ACU BOX 29007
ABILENE,TX79699 		NONE INDIVIDUAL SCHOLARSHIP 35,460
ANGELO STATE UNIVERSITY - KASEY ARN


HARDEMAN STUDENT SERVICE CENTER 101
ASU STATION 11015
SAN ANGELO,TX76909 		NONE INDIVIDUAL SCHOLARSHIP 9,955
ANGELO STATE UNIVERSITY - BAILEY HE


HARDEMAN STUDENT SERVICE CENTER 101
ASU STATION 11015
SAN ANGELO,TX76909 		NONE INDIVIDUAL SCHOLARSHIP 10,615
ANGELO STATE UNIVERSITY - JESSICA A


HARDEMAN STUDENT SERVICE CENTER 101
ASU STATION 11015
SAN ANGELO,TX76909 		NONE INDIVIDUAL SCHOLARSHIP 5,369
ANGELO STATE UNIVERSITY - JOLIE HUT


HARDEMAN STUDENT SERVICE CENTER 101
ASU STATION 11015
SAN ANGELO,TX76909 		NONE INDIVIDUAL SCHOLARSHIP 5,757
ANGELO STATE UNIVERSITY - JANNA ARN


HARDEMAN STUDENT SERVICE CENTER 101
ASU STATION 11015
SAN ANGELO,TX76909 		NONE INDIVIDUAL SCHOLARSHIP 8,959
HARDIN SIMMONS UNIVERSITY - FREDRIC


SCHOLARSHIP COORDINATOR 2200
HICKORY BOX 16050
ABILENE,TX79698 		NONE INDIVIDUAL SCHOLARSHIP 30,000
PRAIRIE VIEW AM UNIVERSITY - CARLYN


PO BOX 519 MS1329
PRAIRIE VIEW,TX77446 		NONE INDIVIDUAL SCHOLARSHIP 22,015
SAM HOUSTON STATE UNIVERSITY - KRIS


SCHOLARSHIP OFFICE PO BOX 2328
HUNTSVILLE,TX77341 		NONE INDIVIDUAL SCHOLARSHIP 3,218
SOUTH PLAINS UNIVERSITY - NATHAN BO


ADMISSIONS AND RECORDS BOX C 1401 S
COLLEGE AVE
LEVELLAND,TX79336 		NONE INDIVIDUAL SCHOLARSHIP 14,470
TARLETON STATE UNIVERSITY - KOLBY B


OFFICE OF SCHOLARSHIPS BOX T-0760
STEPHENVILLE,TX76402 		NONE INDIVIDUAL SCHOLARSHIP 14,517
TARLETON STATE UNIVERSITY - JESSA A


OFFICE OF SCHOLARSHIPS BOX T-0760
STEPHENVILLE,TX76402 		NONE INDIVIDUAL SCHOLARSHIP 15,802
TEXAS AM UNIVERSITY - SUMMER BURKET


SCHOLARSHIP FINANCIAL 750 AGRONOMY
RD SUITE 2801
COLLEGE STATION,TX77843 		NONE INDIVIDUAL SCHOLARSHIP 10,588
TEXAS SOUTHERN UNIVERSITY - TIARA S


BELL BLDG 1ST FLOOR 3100 CLEBURNE
ST
HOUSTON,TX77004 		NONE INDIVIDUAL SCHOLARSHIP 11,000
TEXAS TECH UNIVERSITY - HUNTER BEAS


SCHOLARSHIP OFFICE PO BOX 45011
LUBBOCK,TX79409 		NONE INDIVIDUAL SCHOLARSHIP 12,631
TEXAS TECH UNIVERSITY - WYATT KENNE


SCHOLARSHIP OFFICE PO BOX 45011
LUBBOCK,TX79409 		NONE INDIVIDUAL SCHOLARSHIP 6,798
TEXAS TECH UNIVERSITY - RYAN REED


SCHOLARSHIP OFFICE PO BOX 45011
LUBBOCK,TX79409 		NONE INDIVIDUAL SCHOLARSHIP 15,789
TEXAS TECH UNIVERSITY - KAMBRIE GOR


SCHOLARSHIP OFFICE PO BOX 45011
LUBBOCK,TX79409 		NONE INDIVIDUAL SCHOLARSHIP 17,885
TEXAS TECH UNIVERSITY - JADE MCBRID


SCHOLARSHIP OFFICE PO BOX 45011
LUBBOCK,TX79409 		NONE INDIVIDUAL SCHOLARSHIP 22,269
TEXAS TECH UNIVERSITY - KENNADI BEA


SCHOLARSHIP OFFICE PO BOX 45011
LUBBOCK,TX79409 		NONE INDIVIDUAL SCHOLARSHIP 12,959
THE UNIVERSITY OF TEXAS AT AUSTIN-


EMBS 1616 GUADALUPE MAIL STOP E3700
AUSTIN,TX78701 		NONE INDIVIDUAL SCHOLARSHIP 15,143
Total .................................right arrow 3a 4,680,477
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2024)
Form 990-PF (2024)
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 ....     14 4,552,474  
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 ..... 211120   15 8,480,910  
8 Gain or (loss) from sales of assets other than
inventory ............ 		        205,962
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory 459420 -9,300      
11 Other revenue:
a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. -9,300 13,033,384 205,962
13Total. Add line 12, columns (b), (d), and (e)..................
13
13,230,046
(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 (2024)
Form 990-PF (2024)
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.
right arrow right arrow
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 Check if self-
employed right arrow		 PTIN
Firm's name Right Arrow
 Firm's EIN Right Arrow
Firm's address Right Arrow


 Phone no.
Form 990-PF (2024)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description
Schedule B
(Form 990)
(Rev. January 2025)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

right arrow Attach to Form 990, 990-EZ, or 990-PF.
right arrow Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
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
501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization


Form 990-PF
501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation
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
For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.
Special Rules
For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 331/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... Right Arrow $  
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) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025) Page 2
Name of organization
THE 1687 FOUNDATION
C/O DEBBIE GALLOWAY 		Employer identification number
26-3772474
Part I
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
1
PATTI PECK WOOD
7460 VAN TUYL PARKWAY
 
MCKINNEY, TX75070

$ 15,000,000


(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) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
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) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
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.) $  
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) (Rev. 1-2025)
Additional Data


Software ID:  
Software Version:  

TY 2024 AccountingFeesSchedule
Name:
THE 1687 FOUNDATION
 
C/O DEBBIE GALLOWAY
EIN:
26-3772474
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
JOHNSON AND COMPANY 45,535 0   45,535

TY 2024 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 2024 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
COMPUTER 2014-02-15 1,125 562 200DB 5.000000000000 0 0    
BUILDINGS 2017-07-17 13,395 2,215 SL 39.000000000000 343 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 35,213 200DB 7.000000000000 2,730 0    
GOLD TOUCH CHROME MACHINE MUSEUM 2017-08-02 10,769 10,769 200DB 5.000000000000 0 0    
EQUIPMENT DEER 2018-05-03 46,490 46,490 200DB 5.000000000000 0 0    
BUILDINGS 2018-07-01 611,320 121,339 SL 39.000000000000 15,675 0    
CHARITABLE RETREATS EQUIPMENT 2018-04-04 4,918 4,918 200DB 5.000000000000 0 0    
CHARITABLE RETREATS EQUIPMENT 2018-07-12 193,177 68,840 150DB 20.000000000000 9,325 0    
CABINS 2018-08-01 199,186 38,931 SL 39.000000000000 5,107 0    
MUSEUM FURNISHINGS 2018-07-17 93,862 93,862 200DB 5.000000000000 0 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 4,721 200DB 5.000000000000 0 0    
EQUIPMENT DEER 2019-04-17 30,757 29,104 200DB 5.000000000000 1,653 0    
DEER HERD 2019-04-30 240,029 227,125 200DB 5.000000000000 6,452 0    
BUILDINGS 2019-04-30 108,045 18,499 SL 39.000000000000 2,770 0    
CHARITABLE RETREATS EQUIPMENT 2019-04-30 269 253 200DB 5.000000000000 16 0    
CHARITABLE RETREATS EQUIPMENT 2019-04-30 7,244 6,855 200DB 5.000000000000 389 0    
CHARITABLE RETREATS EQUIPMENT 2019-04-30 170,109 160,964 200DB 5.000000000000 9,145 0    
CABINS 2019-04-30 59,697 10,222 SL 39.000000000000 1,531 0    
CABINS-FURNISHINGS 2018-12-31 18,958 18,958 200DB 5.000000000000 0 0    
CAR MUSEUM 2018-12-31 7,666,021 1,405,436 SL 39.000000000000 196,565 0    
MUSEUM FURNISHINGS 2018-12-31 44,289 44,289 200DB 5.000000000000 0 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 63,516 200DB 5.000000000000 3,609 0    
OFFICE FURNITURE 2013-10-15 6,910 6,910 200DB 7.000000000000 0 0    
MUSEUM BASEBALL 2018-12-31 265,013   NC 0 % 0 0    
LAND 2019-10-17 50,086   L   0 0    
DEER FENCING 2019-06-15 114,834 108,662 200DB 5.000000000000 6,172 0    
EQUIPMENT DEER 2020-09-01 25,931 21,749 200DB 5.000000000000 2,788 0    
DEER HERD 2020-03-31 28,600 23,987 200DB 5.000000000000 3,075 0    
BUILDINGS 2020-03-31 8,296 1,145 SL 39.000000000000 213 0    
CHARITABLE RETREATS EQUIPMENT 2020-03-31 23,120 18,459 200DB 5.000000000000 3,107 0    
CHARITABLE RETREATS EQUIPMENT 2020-04-30 11,435 9,591 200DB 5.000000000000 1,229 0    
CABINS 2020-09-15 1,562 188 SL 39.000000000000 40 0    
CAR MUSEUM 2020-10-01 710,408 82,881 SL 39.000000000000 18,216 0    
CABINS-FURNISHINGS 2020-09-15 218 183 200DB 5.000000000000 23 0    
FURNISHINGS MUSEUM 2020-09-30 4,290 3,014 200DB 7.000000000000 365 0    
CAR MUSEUM-ANNEX 2020-04-30 2,179,133 293,852 SL 39.000000000000 55,875 0    
CAR MUSEUM-ANNEX F&F 2020-09-15 972 683 200DB 7.000000000000 83 0    
LAND 2020-04-30 342,486   L   0 0    
FURNITURE & EQUIPMENT 2019-10-01 7,088 6,707 200DB 5.000000000000 381 0    
FURNITURE & EQUIPMENT 2020-10-14 1,192 1,000 200DB 5.000000000000 128 0    
WAREHOUSE OR 2020-04-15 75,900 10,235 SL 39.000000000000 1,946 0    
CAR MUSEUM-ANNEX 2021-04-30 1,289,774 127,024 SL 39.000000000000 33,071 0    
CAR MUSEUM-ANNEX F&F 2021-04-30 24,983 14,578 200DB 7.000000000000 2,973 0    
CHARITABLE RETREATS EQUIPMENT 2021-04-30 4,852 3,548 200DB 5.000000000000 522 0    
FURNITURE & EQUIPMENT 2021-04-30 14,872 8,678 200DB 7.000000000000 1,770 0    
CAR MUSEUM-FURNISHING/EQUIPMENT 2021-04-30 32,499 18,964 200DB 7.000000000000 3,867 0    
CABINS FURNISHINGS 2021-04-30 3,765 2,197 200DB 7.000000000000 448 0    
CAR MUSEUM 2021-04-30 82,674 8,141 SL 39.000000000000 2,120 0    
WAREHOUSE OR 2021-04-30 82,010 8,076 SL 39.000000000000 2,103 0    
DEER HERD 2021-04-30 31,600 23,106 200DB 5.000000000000 3,398 0    
CHARITABLE RETREATS EQUIPMENT 2021-04-30 6,721 4,914 200DB 5.000000000000 723 0    
BUILDINGS 2021-04-30 11,999 1,181 SL 39.000000000000 308 0    
EQUIPMENT DEER 2021-12-01 33,526 21,557 200DB 5.000000000000 4,788 0    
CHARITABLE RETREATS EQUIPMENT 2021-12-01 447 287 200DB 5.000000000000 64 0    
CABINS 2021-12-01 5,200 382 SL 39.000000000000 133 0    
CAR MUSEUM 2021-12-01 12,281 897 SL 39.000000000000 315 0    
CAR MUSEUM-FURNISHING/EQUIPMENT 2021-12-01 22,575 11,126 200DB 7.000000000000 3,271 0    
CAR MUSEUM-ANNEX 2021-12-01 176,574 12,887 SL 39.000000000000 4,528 0    
FURNISHINGS MUSEUM 2021-11-01 1,144 564 200DB 7.000000000000 166 0    
DEER HERD 2022-06-30 36,450 14,134 200DB 7.000000000000 6,376 0    
BUILDINGS 2022-10-31 8,616 4,480 SL 39.000000000000 221 0    
CHARITABLE RETREATS EQUIPMENT 2022-08-23 5,547 2,151 200DB 7.000000000000 970 0    
CHARITABLE RETREATS EQUIPMENT 2022-06-30 4,144 1,607 200DB 7.000000000000 725 0    
CABINS 2022-01-31 5,200 2,016 200DB 7.000000000000 910 0    
CAR MUSEUM 2022-11-15 25,640 1,049 SL 39.000000000000 657 0    
FURNISHINGS MUSEUM 2022-06-30 8,707 3,376 200DB 7.000000000000 1,523 0    
MUSEUM CLASSIC CAR 2022-06-30 116,225   NC 0 % 0 0    
MUSEUM BASEBALL 2022-06-30 11,443   NC 0 % 0 0    
CAR MUSEUM-ANNEX 2022-06-30 733,678 41,130 SL 39.000000000000 18,812 0    
CAR MUSEUM-ANNEX F&F 2022-06-30 4,144 1,607 200DB 7.000000000000 725 0    
LAND 2022-06-30 28,500   NC 0 % 0 0    
LAND IMPROVEMENTS 2022-06-30 3,075   NC 0 % 0 0    
COMPUTER AND OFFICE 2022-06-30 3,086 1,197 200DB 7.000000000000 540 0    
FURNISHINGS-CABINS 2022-06-30 2,997 1,162 200DB 7.000000000000 524 0    
DEER HERD 2023-06-30 39,950 5,707 200DB 7.000000000000 9,784 0    
BUILDINGS 2023-06-30 5,048,842 99,447 SL 39.000000000000 129,457 0    
CHARITABLE RETREATS EQUIPMENT 2023-06-30 12,319 1,760 200DB 7.000000000000 3,017 0    
CHARITABLE RETREATS EQUIPMENT 2023-06-30 9,682 1,383 200DB 7.000000000000 2,371 0    
REFUGE-FURNISHINGS 2023-06-30 17,665 2,524 200DB 7.000000000000 4,326 0    
CAR MUSEUM 2023-06-30 132,963 26,593 SL 39.000000000000 3,409 0    
CAR MUSEUM-FURNISHING/EQUIPMENT 2023-06-30 57,879 8,268 200DB 7.000000000000 14,175 0    
MUSEUM CLASSIC CAR 2023-06-30 89,795   NC 0 % 0 0    
CAR MUSEUM-ANNEX F&F 2023-06-30 3,726 532 200DB 7.000000000000 913 0    
FURNITURE & EQUIPMENT 2023-06-30 8,462 1,209 200DB 7.000000000000 2,072 0    
CAR MUSEUM-ANNEX 2023-06-30 444,722 8,760 SL 39.000000000000 11,403 0    
LAND 2023-06-30 281,624   L   0 0    
LAND IMPROVEMENTS 2023-02-23 13,000   L   0 0    
BUILDINGS 2024-06-30 9,870   SL 39.000000000000 137 0    
DEER HERD 2024-06-30 25,100   200DB 7.000000000000 3,586 0    
EQUIPMENT-HUNTS 2024-06-30 30,705   200DB 7.000000000000 4,386 0    
CHARITABLE RETREATS EQUIPMENT 2024-06-30 3,443   200DB 7.000000000000 492 0    
CABINS FURNISHINGS 1994-06-30 1,904   200DB 7.000000000000 0 0    
REFUGE-FURNISHINGS 2024-06-30 169,469   200DB 7.000000000000 24,210 0    
CAR MUSEUM 2024-06-30 314,019   SL 39.000000000000 4,361 0    
CAR MUSEUM-FURNISHING/EQUIPMENT 2024-06-30 151,151   200DB 7.000000000000 21,593 0    
MUSEUM CLASSIC CAR 2024-06-30 62,423   NC 0 % 0 0    
MUSEUM BASEBALL 2024-06-30 7,518   NC 0 % 0 0    
CAR MUSEUM-ANNEX 2024-06-30 104,012   SL 39.000000000000 1,445 0    
CAR MUSEUM-ANNEX F&F 2024-06-30 2,328   200DB 7.000000000000 333 0    
LAND IMPROVEMENTS 2024-06-30 1,423   200DB 7.000000000000 203 0    
FURNITURE & EQUIPMENT 2024-06-30 12,141   200DB 7.000000000000 1,734 0    

TY 2024 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 0
COMPUTER 1,125 1,125 0 0
SOFTWARE 2,000 2,000 0 0
BUILDINGS 13,395 2,558 10,837 10,837
COMPUTER AND OFFICE 2,346 2,346 0 0
CHARITABLE RETREATS EQUIPMENT 12,194 12,194 0 0
FURNISHINGS MUSEUM 37,943 37,943 0 0
GOLD TOUCH CHROME MACHINE MUSEUM 10,769 10,769 0 0
EQUIPMENT DEER 46,490 46,490 0 0
BUILDINGS 611,320 137,014 474,306 474,306
CHARITABLE RETREATS EQUIPMENT 4,918 4,918 0 0
CHARITABLE RETREATS EQUIPMENT 193,177 78,165 115,012 115,012
CABINS 199,186 44,038 155,148 155,148
MUSEUM FURNISHINGS 93,862 93,862 0 0
MUSEUM CLASSIC CAR 23,710 23,710 0 0
LAND 649,335 0 649,335 649,335
FURNITURE & EQUIPMENT 4,721 4,721 0 0
EQUIPMENT DEER 30,757 30,757 0 0
BUILDINGS 108,045 21,269 86,776 86,776
CHARITABLE RETREATS EQUIPMENT 269 269 0 0
CHARITABLE RETREATS EQUIPMENT 7,244 7,244 0 0
CHARITABLE RETREATS EQUIPMENT 170,109 170,109 0 0
CABINS 59,697 11,753 47,944 47,944
CABINS-FURNISHINGS 18,958 18,958 0 0
CAR MUSEUM 7,666,021 1,602,001 6,064,020 6,064,020
MUSEUM FURNISHINGS 44,289 44,289 0 0
MUSEUM CLASSIC CAR 1,155,202 0 1,155,202 1,155,202
LAND 653,674 0 653,674 653,674
WAREHOUSE OR 67,125 67,125 0 0
OFFICE FURNITURE 6,910 6,910 0 0
MUSEUM BASEBALL 265,013 0 265,013 265,013
LAND 50,086 0 50,086 50,086
DEER FENCING 114,834 114,834 0 0
EQUIPMENT DEER 25,931 24,537 1,394 1,394
DEER HERD 28,600 27,062 1,538 1,538
BUILDINGS 8,296 1,358 6,938 6,938
CHARITABLE RETREATS EQUIPMENT 23,120 21,566 1,554 1,554
CHARITABLE RETREATS EQUIPMENT 11,435 10,820 615 615
CABINS 1,562 228 1,334 1,334
CAR MUSEUM 710,408 101,097 609,311 609,311
CABINS-FURNISHINGS 218 206 12 12
FURNISHINGS MUSEUM 4,290 3,379 911 911
CAR MUSEUM-ANNEX 2,179,133 349,727 1,829,406 1,829,406
CAR MUSEUM-ANNEX F&F 972 766 206 206
LAND 342,486 0 342,486 342,486
FURNITURE & EQUIPMENT 7,088 7,088 0 0
FURNITURE & EQUIPMENT 1,192 1,128 64 64
WAREHOUSE OR 75,900 12,181 63,719 63,719
CAR MUSEUM-ANNEX 1,289,774 160,095 1,129,679 1,129,679
CAR MUSEUM-ANNEX F&F 24,983 17,551 7,432 7,432
CHARITABLE RETREATS EQUIPMENT 4,852 4,070 782 782
FURNITURE & EQUIPMENT 14,872 10,448 4,424 4,424
CAR MUSEUM-FURNISHING/EQUIPMENT 32,499 22,831 9,668 9,668
CABINS FURNISHINGS 3,765 2,645 1,120 1,120
CAR MUSEUM 82,674 10,261 72,413 72,413
WAREHOUSE OR 82,010 10,179 71,831 71,831
DEER HERD 31,600 26,504 5,096 5,096
CHARITABLE RETREATS EQUIPMENT 6,721 5,637 1,084 1,084
BUILDINGS 11,999 1,489 10,510 10,510
EQUIPMENT DEER 33,526 26,345 7,181 7,181
CHARITABLE RETREATS EQUIPMENT 447 351 96 96
CABINS 5,200 515 4,685 4,685
CAR MUSEUM 12,281 1,212 11,069 11,069
CAR MUSEUM-FURNISHING/EQUIPMENT 22,575 14,397 8,178 8,178
CAR MUSEUM-ANNEX 176,574 17,415 159,159 159,159
FURNISHINGS MUSEUM 1,144 730 414 414
DEER HERD 36,450 20,510 15,940 15,940
BUILDINGS 8,616 4,701 3,915 3,915
CHARITABLE RETREATS EQUIPMENT 5,547 3,121 2,426 2,426
CHARITABLE RETREATS EQUIPMENT 4,144 2,332 1,812 1,812
CABINS 5,200 2,926 2,274 2,274
CAR MUSEUM 25,640 1,706 23,934 23,934
FURNISHINGS MUSEUM 8,707 4,899 3,808 3,808
MUSEUM CLASSIC CAR 116,225 0 116,225 116,225
MUSEUM BASEBALL 11,443 0 11,443 11,443
CAR MUSEUM-ANNEX 733,678 59,942 673,736 673,736
CAR MUSEUM-ANNEX F&F 4,144 2,332 1,812 1,812
LAND 28,500 0 28,500 28,500
LAND IMPROVEMENTS 3,075 0 3,075 3,075
COMPUTER AND OFFICE 3,086 1,737 1,349 1,349
FURNISHINGS-CABINS 2,997 1,686 1,311 1,311
DEER HERD 39,950 15,491 24,459 24,459
BUILDINGS 5,048,842 228,904 4,819,938 4,819,938
CHARITABLE RETREATS EQUIPMENT 12,319 4,777 7,542 7,542
CHARITABLE RETREATS EQUIPMENT 9,682 3,754 5,928 5,928
REFUGE-FURNISHINGS 17,665 6,850 10,815 10,815
CAR MUSEUM 132,963 30,002 102,961 102,961
CAR MUSEUM-FURNISHING/EQUIPMENT 57,879 22,443 35,436 35,436
MUSEUM CLASSIC CAR 89,795 0 89,795 89,795
CAR MUSEUM-ANNEX F&F 3,726 1,445 2,281 2,281
FURNITURE & EQUIPMENT 8,462 3,281 5,181 5,181
CAR MUSEUM-ANNEX 444,722 20,163 424,559 424,559
LAND 281,624 0 281,624 281,624
LAND IMPROVEMENTS 13,000 0 13,000 13,000
BUILDINGS 9,870 137 9,733 9,733
DEER HERD 25,100 3,586 21,514 21,514
EQUIPMENT-HUNTS 30,705 4,386 26,319 26,319
CHARITABLE RETREATS EQUIPMENT 3,443 492 2,951 2,951
CABINS FURNISHINGS 1,904 0 1,904 1,904
REFUGE-FURNISHINGS 169,469 24,210 145,259 145,259
CAR MUSEUM 314,019 4,361 309,658 309,658
CAR MUSEUM-FURNISHING/EQUIPMENT 151,151 21,593 129,558 129,558
MUSEUM CLASSIC CAR 62,423 0 62,423 62,423
MUSEUM BASEBALL 7,518 0 7,518 7,518
CAR MUSEUM-ANNEX 104,012 1,445 102,567 102,567
CAR MUSEUM-ANNEX F&F 2,328 333 1,995 1,995
LAND IMPROVEMENTS 1,423 203 1,220 1,220
FURNITURE & EQUIPMENT 12,141 1,734 10,407 10,407


TY 2024 LegalFeesSchedule
Name:
THE 1687 FOUNDATION
 
C/O DEBBIE GALLOWAY
EIN:
26-3772474
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FIZER, BECK, WEBSTER, BENTLEY & SCO 4,654 0   4,654


TY 2024 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 32,218,471


TY 2024 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 729,092 729,092   0
COMPUTER FEES, WEB SITE, HOSTING 9,474 0   9,474
CONFERENCE, CONVENTION MEETINGS 21,890 0   21,890
FREE RELIGIOUS BOOKS AND PINS TO CHARITABLE ORGANIZATIONS 813,296 0   813,296
INSURANCE 137,891 0   137,891
MUSEUM OPERATING EXPENSE 214,311 0   214,311
OFFICE OVERHEAD 20,015 0   20,015
FREE SPECIAL EVENTS AND RETREATS PROVIDED FOR NON-PROFITS 703,621 0   703,621
TELEPHONE & TELECOMMUNICATIONS 6,414 0   6,414
UTILITIES 66,030 0   66,030
OIL AND GAS EXPENSES ON ROYALITY INCOME 1,489,133 0   1,489,133
CONTRACT LABOR 158,462 0   158,462
OTHER 304 0   304


TY 2024 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 8,480,910 0 8,480,910


TY 2024 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 17,614   17,614

TY 2024 SubstantialContributorsSch
Name:
THE 1687 FOUNDATION
 
C/O DEBBIE GALLOWAY
EIN:
26-3772474
Name Address
PATTI PECK WOOD 7460 VAN TUYL PARKWAY
MCKINNEY,TX75070


TY 2024 TaxesSchedule
Name:
THE 1687 FOUNDATION
 
C/O DEBBIE GALLOWAY
EIN:
26-3772474
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 11 0   11
OTHER TAXES 12,850 0   12,850