FOUNTAINRX FOUNDATION INC: Form 990PF, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
FOUNTAINRX FOUNDATION INC (EIN 83-2912584)
Tax period
2023-07-01 to 2024-06-30
Filed
2025-05-15
IRS object ID
202511359349105681
Schema version
2023v6.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2025-05-15T23:24:13-04:00ReturnTs
Tax Period End2024-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN621624181PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1STEWART & WHEELER PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1729 WEST FIRST NORTH STAddressLine1Txt
CityMORRISTOWNCityNm
State AbbreviationTNStateAbbreviationCd
ZIP37816ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2023-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN832912584EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1FOUNTAINRX FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlFOUNBusinessNameControlTxt
Phone4233075757PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12825 W ANDREW JOHNSON HWYAddressLine1Txt
CityMORRISTOWNCityNm
State AbbreviationTNStateAbbreviationCd
ZIP37814ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJOSEPH T HUNTSMAN IIPersonNm
Person TitleTREASURERPersonTitleTxt
Phone4233075757PhoneNum
Signature2025-05-15SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonTHOMAS C STEWART CPAPreparerPersonNm
PTINP00535667PTIN
Phone4235813131PhoneNum
Preparation2025-05-15PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$252,300FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$41,000ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$48InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$48InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$6,338DividendsRevAndExpnssAmt
Dividends Net Invst Incm$6,338DividendsNetInvstIncmAmt
Total Rev And Expnss$47,386TotalRevAndExpnssAmt
Total Net Invst Incm$6,386TotalNetInvstIncmAmt
Taxes Rev And Expnss$90TaxesRevAndExpnssAmt
Taxes Dsbrs Chrtbl$90TaxesDsbrsChrtblAmt
Other Expenses Rev And Expnss$5,663OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$5,663OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$5,753TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$5,663TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$90TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$49,990ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$49,990ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$55,743TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$5,663TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$50,080TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$8,357ExcessRevenueOverExpensesAmt
Net Investment Income$723NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$30,845CashBOYAmt
Cash EOY$11,764CashEOYAmt
Cash EOYFMV$11,764CashEOYFMVAmt
Sav And Temp Cash Invst BOY$3,053SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$4,802SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$4,802SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$191,818CorporateStockBOYAmt
Corporate Stock EOY$200,793CorporateStockEOYAmt
Corporate Stock EOYFMV$235,734CorporateStockEOYFMVAmt
Total Assets BOY$225,716TotalAssetsBOYAmt
Total Assets EOY$217,359TotalAssetsEOYAmt
Total Assets EOYFMV$252,300TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$225,716RetainedEarningBOYAmt
Retained Earning EOY$217,359RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$225,716TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$217,359TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$225,716TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$217,359TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$225,716TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$8,357ExcessRevenueOverExpensesAmt
Subtotal$217,359SubtotalAmt
Tot Net Ast Or Fund Balances EOY$217,359TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$10InvestmentIncomeExciseTaxAmt
Subtotal$10SubtotalAmt
Tax Based On Investment Income$10TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$33EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$33TotalPaymentsAndCreditsAmt
Overpayment$23OverpaymentAmt
Applied To ES Tax$23AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksJOSEPH T HUNTSMAN IIIndividualWithBooksNm
Phone4233075757PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line11485 DARBEE DRIVEAddressLine1Txt
CityMORRISTOWNCityNm
State AbbreviationTNStateAbbreviationCd
ZIP37814ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
DEREK V HICKS
700 SHOCKLEY AVENUEMORRISTOWNTN37814PRESIDENT1.00$0$0$0
RYAN K HOLLINGSWORTH
745 MATTHEWS LOOPMOHAWKTN37810SECRETARY1.00$0$0$0
JOSEPH T HUNTSMAN II
1485 DARBEE DRIVEMORRISTOWNTN37814TREASURER1.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$219,986AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$30,217AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$250,203TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$250,203AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$3,753CashDeemedCharitableAmt
Net Vl Noncharitable Assets$246,450NetVlNoncharitableAssetsAmt
Minimum Investment Return$12,323MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$12,323MinimumInvestmentReturnAmt
Tax Based On Investment Income$10TaxBasedOnInvestmentIncomeAmt
Total Tax$10TotalTaxAmt
Distributable Before Adj$12,313DistributableBeforeAdjAmt
Distributable Before Ded$12,313DistributableBeforeDedAmt
Distributable As Adjusted$12,313DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$50,080ExpensesAndContributionsAmt
Qualifying Distributions$50,080QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$12,313DistributableAsAdjustedAmt
Excess Distribution Cyov Yr4$25,712ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$88,536ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$55,295ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$46,023ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$215,566TotalExcessDistributionCyovAmt
Qualifying Distributions$50,080QualifyingDistributionsAmt
Applied To Current Year$12,313AppliedToCurrentYearAmt
Remaining Distri From Corpus$37,767RemainingDistriFromCorpusAmt
Total Corpus$253,333TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$253,333ExcessDistriCyovToNextYrAmt
Excess From Year4$25,712ExcessFromYear4Amt
Excess From Year3$88,536ExcessFromYear3Amt
Excess From Year2$55,295ExcessFromYear2Amt
Excess From Year1$46,023ExcessFromYear1Amt
Excess From Current Year$37,767ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerJOSEPH T HUNTSMAN IIContributingManagerNm
Contributing ManagerDEREK HICKSContributingManagerNm
Contributing ManagerRYAN K HOLLINGSWORTHContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (13 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
FAIRVIEW BAPTIST CHURCH
1330 MARGUERITE STREETMORRISTOWNTN37814N/APCPROVIDE FUNDS TO THE CHURCH$25,000
FELLOWSHIP OF CHRISTIAN ATHLETES
8701 LEEDS ROADKANSAS CITYMO64129N/APCSUPPORT THE MISSION OF 501(C)(3) ORG$2,000
HEARTS OF CHRIST MINISTRY
PO BOX 1738MORRISTOWNTN37816N/APCSUPPORT THE MISSION OF 501(C)(3) ORG$1,000
YOUNG LIFE LAKEWAY
420 N CASCADE AVENUECOLORADO SPRINGSCO80903N/APCSUPPORT THE MISSION OF 501(C)(3) ORG$500
ALPS ADULT DAY SERVICES
600 NORTH DAISY STMORRISTOWNTN37814N/APCSUPPORT THE MISSION OF 501(C)(3) ORG$2,090
LAKEWAY CHRISTIAN SCHOOLS
4801 S DAVY CROCKETT PKWYMORRISTOWNTN37813N/APCSUPPORT THE MISSION OF 501(C)(3) ORG$7,000
CONTINENTALS GLOBAL FOUNDATION
6501 E GREENWAY PARKWAYSCOTTSDALEAZ85254N/APCSUPPORT THE MISSION OF 501(C)(3) ORG$1,500
BREATH OF LIFE MINISTRIES
4185 E ANDREW JOHNSON HWMORRISTOWNTN37814N/APCSUPPORT THE MISSION OF 501(C)(3) ORG$400
THE NEW HORIZONS FOUNDATION
731 CHAPEL HILLS DRIVECOLORADO SPRINGSCO80290N/APCSUPPORT THE MISSION OF 501(C)(3) ORG$3,500
KERYGMA VENTURES
PO BOX 2022COLLEYVILLETX76034N/APCSUPPORT THE MISSION OF 501(C)(3) ORG$1,000
FIRST LOVE ON MAIN
PO BOX 2330MORRSITOWNTN37814N/APCSUPPORT THE MISSION OF 501(C)(3) ORG$2,000
MOV
PO BOX 1762PARKERSBURGWV26102N/APCSUPPORT THE MISSION OF 501(C)(3) ORG$1,000
TRUFACE
300 OLD DAWSON VILLAGE RDDAWSONVILLEGA30534N/APCSUPPORT THE MISSION OF 501(C)(3) ORG$3,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$49,990TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$48ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$6,338ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$6,386ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$6,386TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1FOUNTAIN PLAZA PHARMACY LLCBusinessNameLine1Txt

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line12825 WEST ANDREW JOHNSON HIGHWAYAddressLine1Txt
CityMORRISTOWNCityNm
State AbbreviationTNStateAbbreviationCd
ZIP37814ZIPCd
FieldValueIRS element (for citing)
Total Contributions$41,000TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockFIRST HORIZON ADVISORS A/C 027255StockNm
EOY Book Value$200,793EOYBookValueAmt
EOYFMV$235,734EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmt
EXPENSES
BROKERAGE FEES$5,663$5,663

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryINDIRECT TAXES/LICENSESCategoryTxt
Amt$90Amt
Disbursements Charitable Prps$90DisbursementsCharitablePrpsAmt

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