MILBURN FOUNDATION: Form 990PF, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- MILBURN FOUNDATION (EIN 20-8937314)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-11-15
- IRS object ID
- 202213199349105926
- Schema version
- 2021v4.1
- 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
- Form 990-PF
- Schedule B
- Accounting Fees Schedule
- General Explanation Attachment
- Investments Corp Bonds Schedule
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Professional Fees Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-11-15T12:31:44-08:00 | ReturnTs |
| Tax Period End | 2021-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 770014050 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Burkart & Stevens | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11573 Los Osos Valley Rd Ste B | AddressLine1Txt |
| City | San Luis Obispo | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 93405 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2021-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 208937314 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Milburn Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MILB | BusinessNameControlTxt |
| Phone | 9492059677 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 515381 76564 | AddressLine1Txt |
| City | Los Angeles | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90051 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | BRYON DAVIS | PersonNm |
| Person Title | President | PersonTitleTxt |
| Signature | 2022-11-15 | SignatureDt |
| Discuss With Paid Preparer | false | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | BRYON | PersonFirstNm |
| Person Last | DAVIS | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Cole Stevens | PreparerPersonNm |
| PTIN | P00517292 | PTIN |
| Phone | 8055436876 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Federated Assurance Level | FAL1 | FederatedAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $3,420,598 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $245,124 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $26,362 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $26,362 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $98,606 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $93,817 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $32,648 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,430,975 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $32,648 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $9,899 | OtherIncomeRevAndExpnssAmt |
| Total Rev And Expnss | $412,639 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $152,827 | TotalNetInvstIncmAmt |
| Legal Fees Rev And Expnss | $1,838 | LegalFeesRevAndExpnssAmt |
| Legal Fees Dsbrs Chrtbl | $1,838 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $1,225 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Chrtbl Prps | $1,225 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $12,000 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Dsbrs Chrtbl | $12,000 | OtherProfFeesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $2,475 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Dsbrs Chrtbl | $2,475 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $17,538 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $0 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $17,538 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $160,823 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $160,823 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $178,361 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $0 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $178,361 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $234,278 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $152,827 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $196,987 | CashBOYAmt |
| Cash EOY | $522,555 | CashEOYAmt |
| Cash EOYFMV | $522,878 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $338,963 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $585,984 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $585,984 | SavAndTempCashInvstEOYFMVAmt |
| Prepaid Expenses BOY | $781 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $1,620 | PrepaidExpensesEOYAmt |
| Corporate Stock BOY | $1,602,892 | CorporateStockBOYAmt |
| Corporate Stock EOY | $1,390,389 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $1,847,124 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $430,726 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $166,585 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $166,585 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $160,533 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $298,028 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $298,027 | OtherInvestmentsEOYFMVAmt |
| Other Assets EOY | $1 | OtherAssetsEOYAmt |
| Total Assets BOY | $2,730,882 | TotalAssetsBOYAmt |
| Total Assets EOY | $2,965,162 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $3,420,598 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $2,730,882 | RetainedEarningBOYAmt |
| Retained Earning EOY | $2,965,162 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $2,730,882 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $2,965,162 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $2,730,882 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $2,965,162 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $2,730,882 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $234,278 | ExcessRevenueOverExpensesAmt |
| Other Increases | $2 | OtherIncreasesAmt |
| Subtotal | $2,965,162 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $2,965,162 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (11 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| FINANCIAL SENSE #0187 - S/T COVERED | P | 2021-01-01 | 2021-12-31 | $115,658 | $110,879 | $4,779 | $4,779 |
| FINANCIAL SENSE #0187 - L/T COVERED | P | 2020-01-01 | 2021-12-31 | $51,215 | $48,665 | $2,550 | $2,550 |
| WELLS FARGO #8076 - S/T COVERED | P | 2021-01-01 | 2021-12-31 | $159,846 | $172,768 | -$12,922 | -$12,922 |
| WELLS FARGO #9919 - S/T COVERED | P | 2021-01-01 | 2021-12-31 | $288,722 | $296,559 | -$7,837 | -$7,837 |
| WELLS FARGO #9919 - L/T COVERED | P | 2020-01-01 | 2021-12-31 | $273,580 | $270,744 | $2,836 | $2,836 |
| INTERACTIVE BROKERS #0244 - S/T COVERED | P | 2021-01-01 | 2021-12-31 | $67,859 | $65,073 | $2,786 | $2,786 |
| INTERACTIVE BROKERS #0244 - L/T COVERED | P | 2020-01-01 | 2021-12-31 | $95,415 | $86,694 | $8,721 | $8,721 |
| INTERACTIVE BROKERS #2968 - S/T COVERED | P | 2021-01-01 | 2021-12-31 | $113,200 | $105,933 | $7,267 | $7,267 |
| INTERACTIVE BROKERS #2968 - L/T COVERED | P | 2020-01-01 | 2021-12-31 | $203,265 | $184,699 | $18,566 | $18,566 |
| AYERS STEVENS #6350 - S/T COVERED | P | 2021-01-01 | 2021-12-31 | $12,464 | $14,149 | -$1,685 | -$1,685 |
| AYERS STEVENS #6350 - L/T COVERED | P | 2020-01-01 | 2021-12-31 | $49,751 | $42,164 | $7,587 | $7,587 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $32,648 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $2,124 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $2,124 | SubtotalAmt |
| Tax Based On Investment Income | $2,124 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $1,620 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $704 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $2,324 | TotalPaymentsAndCreditsAmt |
| Overpayment | $200 | OverpaymentAmt |
| Applied To ES Tax | $0 | AppliedToESTaxAmt |
| Refund | $200 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | CA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | Yes (true) | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | THEMILBURNFOUNDATION.ORG | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BRYON DAVIS | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 9492059677 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7901 ASPEN HIGHLANDS DR | AddressLine1Txt |
| City | AUSTIN | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 78746 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|---|---|---|---|
| MICHELLE DAVIS | ||||||
| 7901 ASPEN HIGHLANDS DR | AUSTIN | TX | 78746 | CFO | 2.00 | $0 |
| STEPHANIE WILLIAMS | ||||||
| 7901 ASPEN HIGHLANDS DR | AUSTIN | TX | 78746 | Secretary | 0.50 | $0 |
| KATHLEEN C MILBURN-WILLIAMS | ||||||
| 7901 ASPEN HIGHLANDS DR | AUSTIN | TX | 78746 | Director | 0.25 | $0 |
| BRYON DAVIS | ||||||
| 7901 ASPEN HIGHLANDS DR | AUSTIN | TX | 78746 | President | 5.00 | $0 |
| SARAH WILLIAMS | ||||||
| 7901 ASPEN HIGHLANDS DR | AUSTIN | TX | 78746 | Director | 0.25 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | EDUCATE AND EXPAND THE NUMBER OF NURSES | Description1Txt |
| Expenses1 | $0 | Expenses1Amt |
| Description2 | RESEARCH ON THE ELIMINATION, TREATMENT, AND PREVENTION OF ALZHEIMERS DISEASE | Description2Txt |
| Description3 | RESEARCH ON THE ELIMINATION, TREATMENT, AND PREVENTION OF CANCER | Description3Txt |
| Description4 | THE FOUNDATION IS ALSO EXPANDING INTO WOMENS HEALTH ISSUES, MENS HEALTH,CHILDRENS HEALTH ISSUES,INOVATIVE EDUCATION, CLEAN ENVIRONMENT,VETERANS ISSUES, AND PHILANTROPIC DATA TECHNOLOGY. | Description4Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $3,215,852 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $48,972 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $3,264,824 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $3,264,824 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $48,972 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $3,215,852 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $160,793 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sect4942j3j5 Fndtn And Frgn Org | Yes (X) | Sect4942j3j5FndtnAndFrgnOrgInd |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $178,361 | ExpensesAndContributionsAmt |
| Set Aside Cash Distri Test | $160,500 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $338,861 | QualifyingDistributionsAmt |
Private Operating Foundations PrivateOperatingFoundationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Fndtn Ruling | 2007-03-22 | PrivateOperatingFndtnRulingDt |
| Section4942j3 | Yes (X) | Section4942j3Ind |
Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $0 | CurrentYearAmt |
| Total | $0 | TotalAmt |
Qualifying Distributions QualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $338,861 | CurrentYearAmt |
| Year1 | $230,000 | Year1Amt |
| Year2 | $248,800 | Year2Amt |
| Year3 | $196,252 | Year3Amt |
| Total | $1,013,913 | TotalAmt |
Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $338,861 | CurrentYearAmt |
| Year1 | $230,000 | Year1Amt |
| Year2 | $248,800 | Year2Amt |
| Year3 | $196,252 | Year3Amt |
| Total | $1,013,913 | TotalAmt |
Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $107,195 | CurrentYearAmt |
| Year1 | $84,594 | Year1Amt |
| Year2 | $76,857 | Year2Amt |
| Year3 | $63,762 | Year3Amt |
| Total | $332,408 | TotalAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (2 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| SUSAN G KOMEN FOR THE CURE | ||||||
| 5005 LBJ FREEWAY SUITE 250 | DALLAS | TX | 75244 | NONE | BREAST CANCER RESEARCH | $75,000 |
| HEALTH RESOURCES IN ACTION | ||||||
| 2 BOYLSTON ST 4TH FLOOR | BOSTON | MA | 02116 | NONE | BREAST CANCER RESEARCH | $85,823 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $160,823 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $26,362 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $98,606 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $9,899 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $32,648 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $134,867 | ExclusionAmt |
| Related Or Exempt Function Incm | $32,648 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $167,515 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (2 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd |
|---|---|---|---|---|---|---|
| W B MILBURN CLAT II TR | ||||||
| 1 | 7901 ASPEN HIGHLANDS DR | AUSTIN | TX | 78746 | $205,000 | Yes (X) |
| W B MILBURN CLAT I TR | ||||||
| 2 | 7901 ASPEN HIGHLANDS DR | AUSTIN | TX | 78746 | $40,124 | Yes (X) |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amt | $1,225 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $1,225 | DisbursementsCharitablePrpsAmt |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | Medium ExplanationMediumExplanationTxt |
|---|---|
| General Explanation Supplemental Information for Form 990-PF | THE MILBURN FOUNDATION IS WORKING TO EXPAND THEIR CAUSE AREAS IN THEIR BYLAWS TO INCLUDE:WOMENS HEALTH ISSUESMENS HEALTH ISSUESCHILDRENS WELLNESS ISSUESINNOVATIVE EDUCATION CLEAN ENVIRONMENTVETERANS ISSUESPHILANTROPIC DATA TECHNOLOGY |
| General Explanation Supplemental Information for Form 990-PF | ATTACHMENT TO RRF-1AN LLC OWNED BY THE PRESIDENT AND CFO OF THE ORGANIZATION CHARGES MANAGEMENT FEES TO THE FOUNDATION FOR A NOMINAL FEE OF $ 12,000 ANNUALLY. |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (4 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| WELLS FARGO # 9919 | ||
| INTERACTIVE # 20244 | $19,298 | $19,298 |
| INTERACTIVE # 32968 | $122,819 | $122,819 |
| SENSE #0187 | $24,468 | $24,468 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legal Fees | $1,838 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $1,838 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Rounding | Desc |
| EOY Book Value | $1 | EOYBookValueAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| BUSINESS FILING DIVISION | $75 | $75 |
| CHARITY | $2,400 | $2,400 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Other Investment Income | Desc |
| Revenue And Expenses Per Books | $9,899 | RevenueAndExpensesPerBooksAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ROUNDING | Desc |
| Amt | $2 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | MANAGEMENT FEES | CategoryTxt |
| Amt | $12,000 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $12,000 | DisbursementsCharitablePrpsAmt |
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