SKIP AND SUSAN GILLILAND FOUNDATION: Form 990PF, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
SKIP AND SUSAN GILLILAND FOUNDATION (EIN 20-2020387)
Tax period
2022-01-01 to 2022-12-31
Filed
2023-10-26
IRS object ID
202312999349100111
Schema version
2022v5.0
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)
Return2023-10-26T11:26:21-04:00ReturnTs
Tax Period End2022-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN593744758PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1PADGETT AND DAVIS LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1447 ATLANTIC BLVD STE 5AddressLine1Txt
CityATLANTIC BEACHCityNm
State AbbreviationFLStateAbbreviationCd
ZIP32233ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2022-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN202020387EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE SKIP & SUSAN GILLILANDBusinessNameLine1Txt
Business Name Line2FOUNDATIONBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlSKIPBusinessNameControlTxt
Phone3362402242PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1330 COUNTRY CLUB LANEAddressLine1Txt
CityATLANTIC BEACHCityNm
State AbbreviationFLStateAbbreviationCd
ZIP32233ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonGEORGE F GILLILANDPersonNm
Person TitlePRES, TREA, DIRECTORPersonTitleTxt
Phone3362402242PhoneNum
Signature2023-10-26SignatureDt

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstGEORGEPersonFirstNm
Person LastGILLILANDPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrfalseIRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonDONALD A PADGETTPreparerPersonNm
PTINP01290430PTIN
Phone9042491776PhoneNum
Preparation2023-10-26PreparationDt
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$18,427FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$25,748ContriRcvdRevAndExpnssAmt
Dividends Rev And Expnss$15,924DividendsRevAndExpnssAmt
Dividends Net Invst Incm$15,924DividendsNetInvstIncmAmt
Dividends Adj Net Incm$15,924DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss$336NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$109,532GrossSalesPriceAmt
Other Income Rev And Expnss$20,135OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm$20,135OtherIncomeNetInvstIncmAmt
Other Income Adj Net Incm$20,135OtherIncomeAdjNetIncmAmt
Total Rev And Expnss$62,143TotalRevAndExpnssAmt
Total Net Invst Incm$36,059TotalNetInvstIncmAmt
Total Adj Net Incm$36,059TotalAdjNetIncmAmt
Deprec And Dpltn Rev And Expnss$3,907DeprecAndDpltnRevAndExpnssAmt
Deprec And Dpltn Net Invst Incm$3,907DeprecAndDpltnNetInvstIncmAmt
Deprec And Dpltn Adj Net Incm$3,907DeprecAndDpltnAdjNetIncmAmt
Other Expenses Rev And Expnss$49,615OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$49,615OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$53,522TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$53,522TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm$3,907TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$26,517ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$26,517ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$80,039TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$53,522TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm$3,907TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl$26,517TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$17,896ExcessRevenueOverExpensesAmt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$32,152AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$2,277CashBOYAmt
Cash EOY$18,427CashEOYAmt
Cash EOYFMV$18,427CashEOYFMVAmt
Other Investments BOY$944,704OtherInvestmentsBOYAmt
Other Investments EOY$767,969OtherInvestmentsEOYAmt
Land Bldg Equip Cost Or Other Bss$268,900LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$70,891LandBldgEquipAccumDeprecAmt
Land BOY$174,792LandBOYAmt
Land EOY$198,009LandEOYAmt
Total Assets BOY$1,121,773TotalAssetsBOYAmt
Total Assets EOY$984,405TotalAssetsEOYAmt
Total Assets EOYFMV$18,427TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$1,121,773RetainedEarningBOYAmt
Retained Earning EOY$984,405RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$1,121,773TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$984,405TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$1,121,773TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$984,405TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$1,121,773TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$17,896ExcessRevenueOverExpensesAmt
Subtotal$1,103,877SubtotalAmt
Other Decreases$119,472OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$984,405TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$0InvestmentIncomeExciseTaxAmt
Estimated Plus Ovpmt Incm Tx$1,637EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$1,637TotalPaymentsAndCreditsAmt
Overpayment$1,637OverpaymentAmt
Applied To ES Tax$1,637AppliedToESTaxAmt

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 BooksGEORGE F GILLILANDIndividualWithBooksNm
Phone3362402242PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1330 COUNTRY CLUB LANEAddressLine1Txt
CityATLANTIC BEACHCityNm
State AbbreviationFLStateAbbreviationCd
ZIP32233ZIPCd
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
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 (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
GEORGE F GILLILAND
330 COUNTRY CLUB LANEATLANTIC BEACHFL32233PRES, TREA,1.00$0$0$0
SUSAN F GILLILAND
330 COUNTRY CLUB LANEATLANTIC BEACHFL32233SECRETARY, D0.50$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$856,337AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$10,352AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$186,401FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$1,053,090TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$1,053,090AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$15,796CashDeemedCharitableAmt
Net Vl Noncharitable Assets$1,037,294NetVlNoncharitableAssetsAmt
Minimum Investment Return$51,865MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$51,865MinimumInvestmentReturnAmt
Distributable Before Adj$51,865DistributableBeforeAdjAmt
Distributable Before Ded$51,865DistributableBeforeDedAmt
Distributable As Adjusted$51,865DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$26,517ExpensesAndContributionsAmt
Qualifying Distributions$26,517QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$51,865DistributableAsAdjustedAmt
Undistributed Income PY$7,611UndistributedIncomePYAmt
Qualifying Distributions$26,517QualifyingDistributionsAmt
Applied To Year1$7,611AppliedToYear1Amt
Applied To Current Year$18,906AppliedToCurrentYearAmt
Undistributed Income CY$32,959UndistributedIncomeCYAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (3 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
DISCOVERY INSTITUTE
208 COLUMBIA STREETSEATTLEWA98104SCIENTIFIC AND TECH EDUCATION$14,000
AMERICAN ALLIANCE OF JEWS AND CHRIS
PO BOX 58MERCER ISLANDWA98040CHARITABLE ACTIVITIES$10,517
OTHER VARIOUS CHARITIES
VARIOUSNEPTUNE BEACHFL32266VARIOUS COMMUNITY SUPPORT GROUPS$2,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$26,517TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Program Service Revenue Dtl ProgramServiceRevenueDtl

FieldValueIRS element (for citing)
Exclusion16ExclusionCd

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$15,924ExclusionAmt

Other Investment Income OtherInvestmentIncomeGrp

FieldValueIRS element (for citing)
Exclusion16ExclusionCd
Exclusion$20,135ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$336RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$36,059ExclusionAmt
Related Or Exempt Function Incm$336RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$36,395TotalIncomeProducingActyAmt

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 PersonGEORGE F GILLILANDContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1330 COUNTRY CLUB LANEAddressLine1Txt
CityATLANTIC BEACHCityNm
State AbbreviationFLStateAbbreviationCd
ZIP32233ZIPCd
FieldValueIRS element (for citing)
Total Contributions$25,748TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

Depreciation Schedule DepreciationSchedule

Depreciation Property DepreciationPropertyGrp (6 entries)

PropertyPropertyDescAcquiredAcquiredDtCost Or Other BasisCostOrOtherBasisAmtPrior Year DepreciationPriorYearDepreciationAmtComputation MethodComputationMethodTxtLifeLifeRtCurrent Year ExpenseCurrentYearExpenseAmtAdjusted Net IncomeAdjustedNetIncomeAmt
LAND2005-03-11$100,000
BUILDING2005-03-11$150,000$64,583S/L39.0000$3,846$3,846
ROOF - LAURO'S HOUSE2017-05-01$2,395$896S/L39.0000$61$61
GAS TANK - JUSTIN2007-03-01$479$479200DB5.0000
WINDOWS - 51092012-06-01$1,026$1,026200DB7.0000
LAND IMPROVMENT2018-04-02$15,000

Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch

Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (2 entries)

AssetAssetDescAcquiredAcquiredDtHow AcquiredHowAcquiredTxtSoldSoldDtGross Sales PriceGrossSalesPriceAmtBasisBasisAmtTotal NetTotalNetAmt
TRUIST 15462022-04PURCHASE2022-04$101$8$93
TRUIST 15462022-11PURCHASE2022-11$109,431$109,188$243

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (3 entries)

Category Or ItemCategoryOrItemTxtListed At Cost Or FMVListedAtCostOrFMVCdBook ValueBookValueAmt
BB&T ACCOUNT 1546FMV$728,670
LIFECODEXFMV$30,609
ORANGE COUNTY PROPERTYFMV$8,690

Land Etc Schedule2 LandEtcSchedule2

Land Etc LandEtcGrp (2 entries)

Cost Or Other BasisCostOrOtherBasisAmtAccumulated DepreciationAccumulatedDepreciationAmtBook ValueBookValueAmt
$153,900$70,891$83,009
$115,000$115,000

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

FieldValueIRS element (for citing)
DescCHANGE IN FMV OF INVESTMENTSDesc
Amt$119,472Amt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (11 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmt
EXPENSES
INVESTMENT FEES$5,857$5,857
PROFESSIONAL FEES$2,500$2,500
BANK FEES$72$72
RENTAL EXPENSES:
PROPERTY TAXES$2,462$2,462
UTILITIES$335$335
INSURANCE$1,143$1,143
REPAIRS AND MAINTENACE$7,405$7,405
LICENSE AND TAXES$100$100
LOSS (INCOME) LIFECODEX$29,741$29,741

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

FieldValueIRS element (for citing)
DescRENTAL INCOMEDesc
Revenue And Expenses Per Books$20,135RevenueAndExpensesPerBooksAmt
Net Investment Income$20,135NetInvestmentIncomeAmt
Adjusted Net Income$20,135AdjustedNetIncomeAmt

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