BOYD FAMILY FOUNDATION: Form 990PF, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
BOYD FAMILY FOUNDATION (EIN 65-6237736)
Tax period
2020-01-01 to 2020-12-31
Filed
2021-11-15
IRS object ID
202123199349106482
Schema version
2020v4.0
Note
A later return for the same period supersedes this one.
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)
Return2021-11-15T14:38:04-06:00ReturnTs
Tax Period End2020-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN201662635PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1RAPACKI & COMPANY PABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line16800 FRANCE AVE S STE 120AddressLine1Txt
CityEDINACityNm
State AbbreviationMNStateAbbreviationCd
ZIP55435ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2020-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN656237736EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1BOYD FAMILY FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlBOYDBusinessNameControlTxt
Phone5159614238PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1802 WEST DETROIT AVENUEAddressLine1Txt
CityINDIANOLACityNm
State AbbreviationIAStateAbbreviationCd
ZIP50125ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonVIRGINIA STOVERPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone5159614238PhoneNum
Signature2021-11-15SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstVIRGINIAPersonFirstNm
Person LastSTOVERPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJOSEPH L RAPACKI JR CPAPreparerPersonNm
PTINP01202569PTIN
Phone9529455011PhoneNum
Preparation2021-11-15PreparationDt
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$361,635FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$645InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$645InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$8,500DividendsRevAndExpnssAmt
Dividends Net Invst Incm$8,500DividendsNetInvstIncmAmt
Other Income Rev And Expnss$3,032OtherIncomeRevAndExpnssAmt
Other Income Adj Net Incm$3,032OtherIncomeAdjNetIncmAmt
Total Rev And Expnss$12,177TotalRevAndExpnssAmt
Total Net Invst Incm$9,145TotalNetInvstIncmAmt
Total Adj Net Incm$3,032TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss$500AccountingFeesRevAndExpnssAmt
Other Prof Fees Rev And Expnss$4,300OtherProfFeesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$4,800TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$17,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$17,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$21,800TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$17,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$9,623ExcessRevenueOverExpensesAmt
Net Investment Income$9,145NetInvestmentIncomeAmt
Adjusted Net Income$3,032AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$15,000SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$14,000SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$14,000SavAndTempCashInvstEOYFMVAmt
US Government Obligations BOY$14,000USGovernmentObligationsBOYAmt
US Government Obligations EOY$12,000USGovernmentObligationsEOYAmt
US Govt Obligations EOYFMV$12,000USGovtObligationsEOYFMVAmt
Corporate Stock BOY$355,000CorporateStockBOYAmt
Corporate Stock EOY$335,635CorporateStockEOYAmt
Corporate Stock EOYFMV$335,635CorporateStockEOYFMVAmt
Total Assets BOY$384,000TotalAssetsBOYAmt
Total Assets EOY$361,635TotalAssetsEOYAmt
Total Assets EOYFMV$361,635TotalAssetsEOYFMVAmt
Deferred Revenue BOY$192,012DeferredRevenueBOYAmt
Deferred Revenue EOY$179,270DeferredRevenueEOYAmt
Total Liabilities BOY$192,012TotalLiabilitiesBOYAmt
Total Liabilities EOY$179,270TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$191,988NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$182,365NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$191,988TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$182,365TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$384,000TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$361,635TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$191,988TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$9,623ExcessRevenueOverExpensesAmt
Subtotal$182,365SubtotalAmt
Tot Net Ast Or Fund Balances EOY$182,365TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$127InvestmentIncomeExciseTaxAmt
Subtotal$127SubtotalAmt
Tax Based On Investment Income$127TaxBasedOnInvestmentIncomeAmt
Tax Due$127TaxDueAmt

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
Private Operating FoundationYes (true)PrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksVIRGINIA STOVERIndividualWithBooksNm
Phone5153602946PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1802 WEST DETROIT AVENUEAddressLine1Txt
CityINDIANOLACityNm
State AbbreviationIAStateAbbreviationCd
ZIP50125ZIPCd
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 (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
VIRGINIA STOVER
802 W DETROITINDIANOLAIA50125PRESIDENT000.00$0$0$0
MARY BAHRS
10004 THORNWOODKENSINGTONMD20895TRUSTEE000.00$0$0$0
JANE GRANDUSKY
7340 PIONEER ROADWEST PALM BEACHFL33401TRUSTEE000.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1THE ORGANIZATION GAVE FUNDS TO UNION CONGREGATIONAL CHURCH WEST PALM BEACH FL WITH NO RESTRICTIONS AS HOW THE FUNDS MAY BE USED. ALSO THE BETHESDA MARYLAND UNITED CHURCH OF CHRIST.Description1Txt
Expenses1$15,000Expenses1Amt
Description2THE ORGANIZATION GAVE FUNDS TO SCHOOLS FOR EDUCATIONAL PURPOSES. (SCHOOL OF FINE ARTS FOUNDATION, WPB, FL. AND THE SIMPSON FUND, SIMPSON COLLEGE, INDIANOLA, IA.) AND THE IOWA BARN FOUNDATION, ZEARIGNG, IA. SCHOOL OF THE ARTS FOUNDATION WPB, FLDescription2Txt
Description3AMERICAN CANCER SOCIETYDescription3Txt
Description4IOWA BARN SOCIETYDescription4Txt

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$384,000AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$15,000AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$399,000TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$399,000AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$5,985CashDeemedCharitableAmt
Net Vl Noncharitable Assets$393,015NetVlNoncharitableAssetsAmt
Minimum Investment Return$19,651MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Sect4942j3j5 Fndtn And Frgn OrgYes (X)Sect4942j3j5FndtnAndFrgnOrgInd

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$17,000ExpensesAndContributionsAmt
Qualifying Distributions$17,000QualifyingDistributionsAmt
Adjusted Qualifying Distri$17,000AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Qualifying Distributions$17,000QualifyingDistributionsAmt
Remaining Distri From Corpus$17,000RemainingDistriFromCorpusAmt
Total Corpus$17,000TotalCorpusAmt

Private Operating Foundations PrivateOperatingFoundationsGrp

FieldValueIRS element (for citing)
Section4942j3Yes (X)Section4942j3Ind

Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp

FieldValueIRS element (for citing)
Current Year$3,032CurrentYearAmt
Year1$3,032Year1Amt
Total$6,064TotalAmt

Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp

FieldValueIRS element (for citing)
Current Year$2,577CurrentYearAmt
Year1$2,577Year1Amt
Total$5,154TotalAmt

Qualifying Distributions QualifyingDistributionsGrp

FieldValueIRS element (for citing)
Current Year$17,000CurrentYearAmt
Year1$17,000Year1Amt
Year2$15,600Year2Amt
Year3$14,000Year3Amt
Total$63,600TotalAmt

Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp

FieldValueIRS element (for citing)
Current Year$17,000CurrentYearAmt
Year1$17,000Year1Amt
Year2$15,600Year2Amt
Year3$14,000Year3Amt
Total$63,600TotalAmt

Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp

FieldValueIRS element (for citing)
Current Year$13,101CurrentYearAmt
Year1$11,820Year1Amt
Year2$11,557Year2Amt
Year3$11,065Year3Amt
Total$47,543TotalAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (7 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmtAddress Line2RecipientUSAddress/AddressLine2Txt
UNION CONGREGATIONAL CHURCH
5088 SUMMIT BOULEVARDWEST PALM BEACHFL33415NONPROFITCHURCH$11,000
BETHESDA UNITED CHURCH OF CHRIST
FERNWOOD RDBETHESDAMD20817NONPROFITCHURCH$500
IOWA BARN FOUNDATION
P O BOX 436ZEARINGIA50201NONPROFITEDUCATION$500P O BOX 436
THE SIMPSON FUND
701 N C STREETINDIANOLAIA50125NONPROFITEDUCATION$1,000701 NC ST
SCHOOL OF ARTS FOUNDATION
PO BOX 552WEST PALM BEACHFL33402NONPROFITEDUCATION$1,500
MARLA LAMB FUND
57 PROSPECT STREETNANTUCKETMA02554NONPROFITHEALTHCARE$1,000
AMERICAN CANCER SOCIETY
8364 HICKMAN RDDESMOINEIA50310NONPROFITRESEARCH$1,500
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$17,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$645RelatedOrExemptFunctionIncmAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$8,500ExclusionAmt

Other Revenue Described OtherRevenueDescribedGrp (2 entries)

DescDescExclusionExclusionCdExclusionExclusionAmt
ENERGY TRANSFER PARTNERS14
REGENCY ENERGY PARTNERS14$3,032

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$11,532ExclusionAmt
Related Or Exempt Function Incm$645RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$12,177TotalIncomeProducingActyAmt

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

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryINDIRECT ACCOUNTING FEESCategoryTxt
Amt$500Amt

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp

FieldValueIRS element (for citing)
BondBONDSBondNm

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
OTHER FUNDS$305,635$305,635
MUTUAL FUNDS$30,000$30,000

Investments Govt Obligations Sch InvestmentsGovtObligationsSch

FieldValueIRS element (for citing)
US Govt Obligations Book Vl EOY$12,000USGovtObligationsBookVlEOYAmt
US Govt Obligations EOYFMV$12,000USGovtObligationsEOYFMVAmt

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

FieldValueIRS element (for citing)
DescREGENCY ENERGY PARTNERSDesc
Revenue And Expenses Per Books$3,032RevenueAndExpensesPerBooksAmt
Adjusted Net Income$3,032AdjustedNetIncomeAmt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryBROKER FEECategoryTxt
Amt$4,300Amt

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