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
GOOD NEWS FOUNDATION OF TEXAS
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 368
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MISSOURI CITY, TX77459
A Employer identification number

84-2034803
B Telephone number (see instructions)

(346) 435-1961
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$15,220,445
J 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 right arrow.............
3 Interest on savings and temporary cash investments 6,402 6,402  
4 Dividends and interest from securities... 298,811 293,807  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -1,000,889
b Gross sales price for all assets on line 6a 10,096,418
7 Capital gain net income (from Part IV, line 2)... 0
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)....... 20,656 20,656  
12 Total. Add lines 1 through 11........ -675,020 320,865  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 76,000 19,000   19,000
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... 6,000 3,000   3,000
c Other professional fees (attach schedule).... 75,894 75,894   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... 6,069 6,069   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 7,817 205   7,612
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 171,780 104,168   29,612
25 Contributions, gifts, grants paid....... 650,000 650,000
26 Total expenses and disbursements. Add lines 24 and 25 821,780 104,168   679,612
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -1,496,800
b Net investment income (if negative, enter -0-) 216,697
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.............      
2 Savings and temporary cash investments......... 755,258 549,971 549,971
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..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 10,964,078 Click to see attachment
List of Attached Documents:
// Content
11,799,070
14,666,367
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).......... 659,657 0 0
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
0
Click to see attachment
List of Attached Documents:
// Content
4,107
Click to see attachment
List of Attached Documents:
// Content
4,107
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 12,378,993 12,353,148 15,220,445
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue................. 564,996 1,942,178
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)......... 564,996 1,942,178
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 11,813,997 10,410,970
29 Total net assets or fund balances (see instructions)..... 11,813,997 10,410,970
30 Total liabilities and net assets/fund balances (see instructions). 12,378,993 12,353,148
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
11,813,997
2
Enter amount from Part I, line 27a .....................
2
-1,496,800
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
93,773
4
Add lines 1, 2, and 3 ..........................
4
10,410,970
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
10,410,970
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 INTERACTIVE BROKERS P    
b UBS PJ 57777 P    
c UBS PJ 57777 P    
d SECTION 1256 INTERACTIVE BROKERS P    
e SECTION 1256 INTERACTIVE BROKERS P    
SUNBELT P    
ISHARES GOLD TR P    
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 4,522,556   5,652,488 -1,129,932
b 3,020,712   2,975,912 44,800
c 2,552,812   2,233,813 318,999
d     134,977 -134,977
e     89,985 -89,985
    10,132 -10,132
18     18
320     320
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       -1,129,932
b       44,800
c       318,999
d       -134,977
e       -89,985
      -10,132
      18
      320
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 -1,000,889
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 3,012
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 3,012
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 3,012
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 10,136
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 10,136
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 7,124
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow7,124 Refundedright arrow 11 0
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
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)
right arrowTX
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
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
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 arrowN/A
14
The books are in care ofright arrowPAMELA J DANIEL Telephone no.right arrow (346) 435-1961

Located atright arrowPO BOX 368MISSOURI CITYTX ZIP+4right arrow77459
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)
 
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
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
C LEN BENCKENSTEIN CHAIRMAN EMERITUS
0.10
0 0 0
PO BOX 368
MISSOURI CITY,TX77459
PAMELA DANIEL DIRECTOR/SECRETARY/TREASURER
0.25
19,000 0 0
PO BOX 368
MISSOURI CITY,TX77459
NEAL JOHNSON ELLIS DIRECTOR
0.10
19,000 0 0
PO BOX 368
MISSOURI CITY,TX77459
JOHN BENCKENSTEIN DIRECTOR/CHAIRMAN
0.10
19,000 0 0
PO BOX 368
MISSOURI CITY,TX77459
JACOB JOHNSON DIRECTOR
0.10
0 0 0
PO BOX 368
MISSOURI CITY,TX77459
JAY CHADHA DIRECTOR
0.10
19,000 0 0
PO BOX 368
MISSOURI CITY,TX77459
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  
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.........................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
13,021,582
b
Average of monthly cash balances.......................
1b
344,445
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
13,366,027
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
13,366,027
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
200,490
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
13,165,537
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
658,277
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
658,277
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
3,012
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
3,012
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
655,265
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
655,265
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
655,265
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
679,612
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
679,612
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 7 655,265
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2024:
a From 2019...... 722,925
b From 2020......  
c From 2021......  
d From 2022......  
e From 2023......  
f Total of lines 3a through e ........ 722,925
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 679,612
a Applied to 2023, 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 2024 distributable amount..... 655,265
e Remaining amount distributed out of corpus 24,347
5 Excess distributions carryover applied to 2024. 0 0
(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 5 747,272
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 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions .............
0
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 ..........
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 2019 not
applied on line 5 or line 7 (see instructions) ...
722,925
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ......
24,347
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.... 24,347
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
 
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
         
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 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 email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
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

CHANGING DESTINY PROJECT

15411 TUTBURY CIRCLE
HOUSTON,TX77044
NONE 501(C)(3) SUPPORT GENERAL FUND 95,000

AMAZON OUTREACH INC

PO BOX 260006
PLANO,TX75026
NONE 501(C)(3) SUPPORT GENERAL FUND 150,000

BAYOU CITY BLESSINGS

12535 PERTHSHIRE RD
HOUSTON,TX77024
NONE 501(C)(3) SUPPORT GENERAL FUND 40,000

BONTON FARMS

6911 BEXAR ST
DALLAS,TX75215
NONE 501(C)(3) SUPPORT GENERAL FUND 50,000

BUCKENER PARKWAY PLACE SENIOR

1321 PARK BAYOU DR
HOUSTON,TX77077
NONE 501(C)(3) SUPPORT GENERAL FUND 35,000

CENTER FOR PURSUIT

4400 HARRISBURG BLVD
HOUSTON,TX77011
NONE 501(C)(3) SUPPORT GENERAL FUND 30,000

CASA EL BUEN SAMARITANO

PO BOX 20487
HOUSTON,TX77225
NONE 501(C)(3) SUPPORT GENERAL FUND 75,000

GRACEWOOD

1617 ELMVIEW DR
HOUSTON,TX77080
NONE 501(C)(3) SUPPORT GENERAL FUND 35,000

STONEY CREEK RANCH

1912 ZIMMERSCHEIDT RD
NEW ULM,TX78950
NONE 501(C)(3) SUPPORT GENERAL FUND 35,000

THE KING'S ACADEMY

7400 ELDRIDGE PKWY SOUTH
HOUSTON,TX77083
NONE 501(C)(3) SUPPORT GENERAL FUND 105,000
Total .................................right arrow 3a 650,000
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 ...........
    14 6,402  
4 Dividends and interest from securities ....     14 298,811  
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 .....     18 20,656  
8 Gain or (loss) from sales of assets other than
inventory ............
    19 -1,000,889  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 -675,020 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
-675,020
(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 (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

TY 2024 AccountingFeesSchedule
Name:
GOOD NEWS FOUNDATION OF TEXAS
EIN:
84-2034803
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING 6,000 3,000   3,000

TY 2024 InvestmentsCorpStockSchedule
Name:
GOOD NEWS FOUNDATION OF TEXAS
EIN:
84-2034803
Name of Stock End of Year Book Value End of Year Fair Market Value
ABBOTT LABS 15,169 16,627
ABBOTT LABS (ABT) 170,253 164,801
ABBVIE INC 9,380 11,017
ABBVIE INC (ABB) 282,714 386,142
ACCENTURE PLC IRELAND CL A 10,117 11,609
ACCENTURE PLC IRELAND CL A (CAN) 276,022 326,109
ADVANCED MICRO DEVICES INC 19,039 14,374
AES CORP 7,726 6,088
AIA GROUP LTD 30,882 20,491
AIB GROUP PLC 21,698 32,259
ALCON INC 23,121 26,146
ALLEGION PLC 12,905 12,676
ALLSTATE CORP 13,221 18,122
ALPHABET INC CL A 34,397 49,786
AMAZON COM INC 55,811 77,006
AMER EXPRESS CO 11,269 13,652
AMERICAN EXPRESS CO (AXP) 269,073 517,899
AMERICAN TOWER CORP (AMT) 262,259 196,432
AMERIPRISE 14,041 22,894
AMGEN (AMGN) 496 521
ANALOG DEVICES INC 12,225 13,385
APA CORP 12,114 10,067
APOLLO DEBT SOLUTIONS 255,000 250,000
APOLLO GLOBAL MGMT INC 16,204 21,801
APPLE INC 72,327 101,420
APPLE INC (AAPL) 262,698 404,679
APPLIED MATERIALS (AMAT) 353 651
APTIV PLC 40,811 26,067
ASHTEAD GROUP PLC 25,712 22,883
ASML HLDG NV EUR 21,771 23,192
AUTOMATIC DATA PROCESSNG INC 13,502 16,686
AZENTA INC 12,558 11,300
BAE SYSTEMS PLC ORD GDP 12,977 10,816
BANCO DE SABADELL SA EUR 14,632 22,372
BAWAG GROUP AG EUR 27,533 36,850
BENTLEY SYSTEMS INC 16,544 14,384
BERKLEY W R CORP 8,634 12,523
BERKSHIRE HATHAWAY INC NEW 37,081 43,062
BIO RAD LABORATORIES INC 32,103 26,938
BLACKROCK INC 32,164 43,055
BLACKSTONE PRIVATE CREDIT FUND CLASS 255,000 250,000
BOSTON SCIENTIFIC CORP 8,335 8,664
BRIGHT HORIZONS FAMILY 11,795 9,533
BRISTOL MYERS SQUIBB CO 31,885 34,558
BRITISH AMER TOBACCO PLC 30,602 29,165
BROADCOM INC 37,405 89,027
BROADCOM INC (AVGO) 272,374 1,209,277
BROADRIDGE FINANCIAL SOLUTIONS INC 11,952 15,826
BRUNSWICK CORP 11,350 9,831
CANADIAN PAC RAILWAY LTD 29,501 28,441
CF INDUSTRIES HOLDINGS INC 9,728 10,921
CHARLES RIVER LABORATORIES 19,362 10,522
CHEMED CORP 9,309 10,066
CHEMOURS CO (CC) 248,045 146,303
CHIPOTLE MEXICAN GRILL INC 11,288 14,050
CHOICE HOTELS INTL INC NEW 12,558 13,488
CHUBB LTD CHF 9,165 12,434
CHUGAI PHARMACEUTICAL LTD ADR 14,708 13,775
CINTAS CORP (CTAS) 247,193 445,057
COCA COLA CO COM 12,992 13,199
CROWN CASTLE INC (CCI) 270,468 153,294
DEVON ENERGY CORP NEW 18,509 12,994
DIAMONDBACK ENERGY INC. (FANG) 507,085 605,352
DOMINO'S PIZZA INC 11,295 12,173
DYNATRACE INC 8,966 10,055
EATON CORP PLC 5,626 4,978
ELI LILLY & CO (LLY) 220,287 706,380
EOG RESOURCES INC (EOG) 483,130 490,197
EQUIFAX INC 9,251 10,194
EXPONENT 11,047 10,870
EXXON MOBIL CORP 14,990 14,630
FAIR ISAAC CORP 7,887 23,891
FANUC CORP 25,451 18,791
FIDELITY NATL INFO SVCS 27,837 31,985
FIRST CITIZENS BANCSHS 10,652 10,565
GALP ENERGIA SGPS SA B SHRS 34,155 36,054
GATES INDL CORPRATIN PLC 13,589 13,083
GENMAB A/S 20,039 11,917
GLENCORE PLC UNSPONSORED ADR 25,375 19,625
GRACO 10,318 11,632
HALEON PLC GBP 26,376 29,679
HAYWARD HLDGS INC 11,486 12,951
HDFC BANK LTD 28,008 24,842
HEICO CORP CLA 15,039 19,538
HENRY JACK & ASSOC INC 12,196 12,972
HEXPOL AB SEK 17,446 15,939
HOME DEPOT INC 16,864 19,838
HOULIHAN LOKEY INC 12,616 20,666
HUBSPOT INC 11,788 16,026
IAC INC 13,596 11,562
INFINEON TECHNOLOGIES ADR 23,709 24,939
INGERSOLL RAND INC 25,291 33,832
INVESCO S&P 500 EQUAL WEIGHT ETF 218,815 218,512
ISHARES 0-3 MNTH TRES BOND 14,760 14,747
ISHARES 20+ YEAR TREAS BOND ETF 90,822 83,487
ISHARES BROAD USD HIGH YIELD BOND ETF 81,690 84,948
ISHARES CORE S&P 500 ETF 471,580 523,337
ISHARES CORE S&P SMALL-CAP ETF 186,476 187,924
ISHARES GOLD TR 87,333 85,405
ISHARES JP MORGAN USD EMERGING MARKETS BOND ETF 82,666 84,321
ITOCHU CORP 17,383 23,654
JOHNSON & JOHNSON COM 14,445 13,305
JOHNSON & JOHNSON COM (JNJ) 280,862 248,023
JOHNSON CTLS INTL PLC 8,546 7,972
JPMORGAN CHASE & CO 15,051 22,293
KEYSIGHT TECHNOLOGIES INC COM 14,696 17,027
KLA CORP (KLAC) 283,320 513,548
KLA CORPORATION 5,115 5,041
KNORR-BREMSE 32,179 29,992
KONINKLIJKE PHILIPS NV SPN ADR 26,622 28,586
LAS VEGAS SANDS CORP 26,026 26,964
LEGAL & GENL GROUP PLC GBP 2.5 21,536 21,266
LENNOX INC 15,415 26,200
LIBERTY MEDIA GROUP 9,870 11,583
LILLY ELI & CO 23,246 30,108
LINDE PLC NEW EUR 10,888 11,723
LIVE NATION ENTERTAINMENT INC 8,035 10,619
LONDON STK EXCH 26,583 33,637
LPL FINL HLDGS INC 8,226 15,346
LVMH MOET HENNESSY LOUIS ADR 25,713 22,871
LYFT INC CL A 10,660 11,120
MARSH & MCLENNAN 21,111 24,640
MARVELL TECHNOLOGY INC 5,592 9,167
MASTERCARD INC CL A 23,353 32,647
MCDONALDS CORP 10,658 11,016
META PLATFORMS INC 27,686 37,473
MICRON TECHNOLOGY INC 23,603 21,629
MICROSOFT 122,769 165,650
MICROSOFT (MSFT) 267,945 427,401
MONDELEZ INTL 22,044 20,487
MORGAN STANLEY 11,257 14,961
MORGAN STANLEY (MS) 160,322 231,073
NEXTERA ENERGY 46,939 46,025
NIKE INC 15,715 10,821
NIPPON TELEG & TEL CORP 16,096 14,606
NORDSON CORP 12,124 11,299
NORTHROP GRUMMAN CORP 18,167 17,833
NOVARTIS 31,292 33,475
NVIDIA 45,716 104,209
ORACLE CORP 25,089 37,994
PACE INTERNATIONAL EMERGING MARKETS EQUITY 226,738 238,706
PARKER HANNIFIN CORP 11,197 10,176
PAYCHEX (PAYX) 286,101 328,816
PENTAIR PLC 12,669 20,531
PERNOD RICHARD ORD 29,192 18,849
PHILIP MORRIS INTL INC 17,977 16,969
PHILLIPS 66 10,493 9,456
POOL CORP 17,691 15,001
PROCTER & GAMBLE CO 10,229 11,400
PROLOGIS INC 39,526 33,190
PRUDENTIAL FINANCIAL (PRU) 1,817 2,371
REGAL REXNORD CORP 16,385 18,150
REPUBLIC SERVICES INC 3,103 4,627
ROLLINS INC 8,075 9,594
S&P GLOBAL INC 7,963 8,467
SAIA INC 8,260 14,583
SANDOZ GROUP AG SPON ADR 18,409 22,073
SCHWAB US TIPS ETF 8,682 9,473
SHIN-ETSU CHEM 20,613 20,154
SHOPIFY INC CL A 17,960 23,074
SITEONE LANDSCAPE SUPPLY 8,575 7,116
SOFTBANK GROUP CORP 19,101 18,733
SONY GROUP CORP 33,864 37,601
SPECTRIS PLC 18,128 12,888
SPX 16JAN26 5000 204,516 137,684
STARBUCKS CORP 15,963 15,604
TAIWAN SEMICONDUCTOR MFG CO 13,808 25,081
TAKE-TWO INTERACTIVE SOFTWARE 25,478 32,766
TARGET (TGT) 854 676
TELEDYNE TECHNOLOGIES INC 16,617 18,565
TESLA INC 29,731 38,769
TEXAS INSTRUMENTS (TXN) 167,847 179,260
TEXAS INSTRUMENTS INC 13,079 12,001
THE COOPER COMPANIES INC 23,958 23,350
THERMO FISHER SCIENTIFIC INC 16,718 14,046
TJX COS INC 26,964 28,028
T-MOBILE US INC COM 16,852 21,190
TOURMALINE OIL CORP CAD 14,476 14,427
TRANE TECHNOLOGIES PLC 7,386 11,081
TRANSDIGM GROUP INC 7,694 12,673
UBS FUNDS UBS EMERGING MARKETS EQUITY 293,394 239,756
UNION PACIFIC CORP 12,981 12,998
UNITED HEALTH GROUP INC. 58,765 58,174
UNITED PARCEL SERVICE INC CL B (UPS) 177,665 119,543
UNITEDHEALTH GROUP (UNH) 385,356 417,335
UNIVERSAL DISPLAY CORP 14,853 13,012
UNIVERSAL MUSIC GROUP NV EUR 22,224 21,885
VANGUARD INTER TERM CORP BOND ETF 81,121 85,488
VANGUARD LONGTERM CORP BOND ETF 87,182 81,809
VANGUARD SHORT-TERM CORP BOND ETF 11,252 11,389
VULCAN MATERIALS CO NEW 11,242 11,061
WABTECH INC 9,344 12,703
WALMART INC 27,629 37,224
WALMART INC (WMT) 537 1,084
WALT DISNEY CO 18,509 20,043
WASTE MANAGEMENT (WM) 283,261 334,971
WELLS FARGO & CO 33,341 46,710
WEST PHARMACTL 10,278 9,827
WILLIAM COS INC 29,931 48,221
ZEBRA TECHNOLOGIES CORP 18,396 17,380
ZOOM COMMUNICATIONS INC CL A 11,094 12,650
ZSCALER INC 8,534 7,577

TY 2024 OtherAssetsSchedule
Name:
GOOD NEWS FOUNDATION OF TEXAS
EIN:
84-2034803
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
DEPOSITS IN TRANSIT 0 4,107 4,107


TY 2024 OtherExpensesSchedule
Name:
GOOD NEWS FOUNDATION OF TEXAS
EIN:
84-2034803
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
BANK FEES 409 205   204
INSURANCE 5,431 0   5,431
SOFTWARE 974 0   974
SUPPLIES 151 0   151
SUBSCRIPTIONS 852 0   852


TY 2024 OtherIncomeSchedule2
Name:
GOOD NEWS FOUNDATION OF TEXAS
EIN:
84-2034803
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
INTERACTIVE BROKERS 20,656 20,656 20,656


TY 2024 OtherIncreasesSchedule
Name:
GOOD NEWS FOUNDATION OF TEXAS
EIN:
84-2034803
Description Amount
UNREALIZED GAIN/LOSS AND TIMING DIFFERENCES 93,773


TY 2024 OtherProfessionalFeesSchedule
Name:
GOOD NEWS FOUNDATION OF TEXAS
EIN:
84-2034803
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT MANAGEMENT 75,876 75,876   0
INVESTMENT EXPENSES 18 18   0


TY 2024 TaxesSchedule
Name:
GOOD NEWS FOUNDATION OF TEXAS
EIN:
84-2034803
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAX 6,069 6,069   0