SKIP AND SUSAN GILLILAND FOUNDATION: Form 990PF, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
SKIP AND SUSAN GILLILAND FOUNDATION (EIN 20-2020387)
Tax period
2021-01-01 to 2021-12-31
Filed
2022-11-09
IRS object ID
202223139349100717
Schema version
2021v4.0
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)
Return2022-11-09T09:40:47-05:00ReturnTs
Tax Period End2021-12-31TaxPeriodEndDt

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 Begin2021-01-01TaxPeriodBeginDt

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
Signature2022-11-09SignatureDt

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstGEORGEPersonFirstNm
Person LastGILLILANDPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonDONALD A PADGETTPreparerPersonNm
PTINP01290430PTIN
Phone9042491776PhoneNum
Preparation2022-11-09PreparationDt
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$1,121,773FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$25,200ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$133InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$133InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$133InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss$15,812DividendsRevAndExpnssAmt
Dividends Net Invst Incm$15,812DividendsNetInvstIncmAmt
Dividends Adj Net Incm$15,812DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss$13,851NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$13,851GrossSalesPriceAmt
Other Income Rev And Expnss$20,145OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm$20,145OtherIncomeNetInvstIncmAmt
Other Income Adj Net Incm$20,145OtherIncomeAdjNetIncmAmt
Total Rev And Expnss$75,141TotalRevAndExpnssAmt
Total Net Invst Incm$36,090TotalNetInvstIncmAmt
Total Adj Net Incm$36,090TotalAdjNetIncmAmt
Deprec And Dpltn Rev And Expnss$3,909DeprecAndDpltnRevAndExpnssAmt
Deprec And Dpltn Adj Net Incm$3,909DeprecAndDpltnAdjNetIncmAmt
Other Expenses Rev And Expnss$14,039OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$14,039OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$17,948TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$14,039TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm$3,909TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$24,907ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$24,907ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$42,855TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$14,039TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm$3,909TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl$24,907TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$32,286ExcessRevenueOverExpensesAmt
Net Investment Income$22,051NetInvestmentIncomeAmt
Adjusted Net Income$32,181AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$9,844CashBOYAmt
Cash EOY$2,277CashEOYAmt
Cash EOYFMV$2,277CashEOYFMVAmt
Other Investments BOY$831,141OtherInvestmentsBOYAmt
Other Investments EOY$944,704OtherInvestmentsEOYAmt
Other Investments EOYFMV$944,704OtherInvestmentsEOYFMVAmt
Land Bldg Equip Cost Or Other Bss$241,776LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$66,984LandBldgEquipAccumDeprecAmt
Land BOY$178,701LandBOYAmt
Land EOY$174,792LandEOYAmt
Land EOYFMV$174,792LandEOYFMVAmt
Total Assets BOY$1,019,686TotalAssetsBOYAmt
Total Assets EOY$1,121,773TotalAssetsEOYAmt
Total Assets EOYFMV$1,121,773TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$1,019,686RetainedEarningBOYAmt
Retained Earning EOY$1,121,773RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$1,019,686TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$1,121,773TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$1,019,686TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$1,121,773TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$1,019,686TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$32,286ExcessRevenueOverExpensesAmt
Other Increases$69,801OtherIncreasesAmt
Subtotal$1,121,773SubtotalAmt
Tot Net Ast Or Fund Balances EOY$1,121,773TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$307InvestmentIncomeExciseTaxAmt
Subtotal$307SubtotalAmt
Tax Based On Investment Income$307TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$1,944EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$1,944TotalPaymentsAndCreditsAmt
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,000.00$0$0$0
SUSAN F GILLILAND
330 COUNTRY CLUB LANEATLANTIC BEACHFL32233SECRETARY, D000.00$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$887,923AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$5,883AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$180,655FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$1,074,461TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$1,074,461AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$16,117CashDeemedCharitableAmt
Net Vl Noncharitable Assets$1,058,344NetVlNoncharitableAssetsAmt
Minimum Investment Return$52,917MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$52,917MinimumInvestmentReturnAmt
Tax Based On Investment Income$307TaxBasedOnInvestmentIncomeAmt
Total Tax$307TotalTaxAmt
Distributable Before Adj$52,610DistributableBeforeAdjAmt
Distributable Before Ded$52,610DistributableBeforeDedAmt
Distributable As Adjusted$52,610DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$24,907ExpensesAndContributionsAmt
Qualifying Distributions$24,907QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$52,610DistributableAsAdjustedAmt
Excess Distribution Cyov Yr4$20,092ExcessDistributionCyovYr4Amt
Total Excess Distribution Cyov$20,092TotalExcessDistributionCyovAmt
Qualifying Distributions$24,907QualifyingDistributionsAmt
Applied To Current Year$24,907AppliedToCurrentYearAmt
Excess Distri Cyov App CY Corpus$20,092ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$20,092ExcessDistributionCyovAppCYAmt
Undistributed Income CY$7,611UndistributedIncomeCYAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (4 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
DISCOVERY INSTITUTE
208 COLUMBIA STREETSEATTLEWA98104SCIENTIFIC AND TECH EDUCATION$12,000
AMERICAN ALLIANCE OF JEWS AND CHRIS
PO BO 58MERCER ISLANDWA98040CHARITABLE ACTIVITIES$5,000
BEACHES CHAPEL
610 FLORIDA BLVDNEPTUNE BEACHFL32266CHARITABLE ACTIVITIES$2,000
OTHER VARIOUS CHARITIES
VARIOUSNEPTUNE BEACHFL32266VARIOUS COMMUNITY SUPPORT GROUPS$5,907
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$24,907TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Program Service Revenue Dtl ProgramServiceRevenueDtl

FieldValueIRS element (for citing)
Exclusion16ExclusionCd

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$133ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$15,812ExclusionAmt

Other Investment Income OtherInvestmentIncomeGrp

FieldValueIRS element (for citing)
Exclusion16ExclusionCd
Exclusion$20,145ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$13,851RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$36,090ExclusionAmt
Related Or Exempt Function Incm$13,851RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$49,941TotalIncomeProducingActyAmt

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$25,200TotalContributionsAmt
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$60,736S/L39.0000$3,847$3,847
ROOF - LAURO'S HOUSE2017-05-01$2,395$834S/L39.0000$62$62
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 PriceGrossSalesPriceAmtTotal NetTotalNetAmt
TRUIST STMT 15462020-12PURCHASE2021-12$13,653$13,653
TRUIST STMT 15462021-01PURCHASE2021-12$198$198

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (3 entries)

Category Or ItemCategoryOrItemTxtListed At Cost Or FMVListedAtCostOrFMVCdBook ValueBookValueAmtEOYFMVEOYFMVAmt
BB&T ACCOUNT 1546FMV$876,856$876,856
LIFECODEXFMV$60,393$60,393
ORANGE COUNTY PROPERTYFMV$7,455$7,455

Land Etc Schedule2 LandEtcSchedule2

Land Etc LandEtcGrp (2 entries)

Cost Or Other BasisCostOrOtherBasisAmtAccumulated DepreciationAccumulatedDepreciationAmtBook ValueBookValueAmtEOYFMVEOYFMVAmt
$126,776$66,984$59,792$174,792
$115,000$115,000

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (12 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmt
EXPENSES
INVESTMENT FEES$5,903$5,903
ADMINISTRATION FEES
PROFESSIONAL FEES$2,000$2,000
RENTAL EXPENSES:
PROPERTY TAXES$2,373$2,373
UTILITIES$345$345
INSURANCE$787$787
REPAIRS AND MAINTENACE$3,654$3,654
LICENSE AND TAXES$100$100
PROFESSIONAL FEES$5,432$5,432
RENTAL EXPENSES 2020-$6,555-$6,555

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

FieldValueIRS element (for citing)
DescRENTAL INCOMEDesc
Revenue And Expenses Per Books$20,145RevenueAndExpensesPerBooksAmt
Net Investment Income$20,145NetInvestmentIncomeAmt
Adjusted Net Income$20,145AdjustedNetIncomeAmt

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

FieldValueIRS element (for citing)
DescCHANGE IN FMV OF INVESTMENTSDesc
Amt$69,801Amt

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.