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DHM FOUNDATION: Form 990PF, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
DHM FOUNDATION (EIN 83-2907092)
Tax period
2020-01-01 to 2020-12-31
Filed
2021-05-13
IRS object ID
202141339349100824
Schema version
2020v4.0
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)
Return2021-05-13T07:05:19-05:00ReturnTs
Tax Period End2020-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN621587083PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1ROWLAND & CARTER CPAS PLLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line17953 STAGE HILLS BLVD STE 110AddressLine1Txt
CityMEMPHISCityNm
State AbbreviationTNStateAbbreviationCd
ZIP381334010ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2020-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN832907092EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1DHM FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlDHMFBusinessNameControlTxt
Phone6018985180PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1613 CRESCENT CIRCLE STE 100AddressLine1Txt
CityRIDGELANDCityNm
State AbbreviationMSStateAbbreviationCd
ZIP39157ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonGUY H WHITEPersonNm
Person TitleTRUSTEEPersonTitleTxt
Phone6018985180PhoneNum
Signature2021-04-29SignatureDt

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstGUY HPersonFirstNm
Person LastWHITEPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonBENNY J CARTERPreparerPersonNm
PTINP00521871PTIN
Phone9014323000PhoneNum
Preparation2021-05-06PreparationDt
Self EmployedYes (X)SelfEmployedInd
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$288,645FMVAssetsEOYAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$31,900ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$27InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$27InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$27InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss$3,044DividendsRevAndExpnssAmt
Dividends Net Invst Incm$3,044DividendsNetInvstIncmAmt
Dividends Adj Net Incm$3,044DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss$77,859NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$169,829GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$77,859CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss$1,685OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm$1,685OtherIncomeNetInvstIncmAmt
Other Income Adj Net Incm$1,685OtherIncomeAdjNetIncmAmt
Total Rev And Expnss$114,515TotalRevAndExpnssAmt
Total Net Invst Incm$82,615TotalNetInvstIncmAmt
Total Adj Net Incm$4,756TotalAdjNetIncmAmt
Other Prof Fees Rev And Expnss$3,658OtherProfFeesRevAndExpnssAmt
Other Expenses Rev And Expnss$37OtherExpensesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$3,695TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$70,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$70,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$73,695TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$70,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$40,820ExcessRevenueOverExpensesAmt
Net Investment Income$82,615NetInvestmentIncomeAmt
Adjusted Net Income$4,756AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$104,618SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$54,827SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$54,827SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$78,102CorporateStockBOYAmt
Corporate Stock EOY$168,713CorporateStockEOYAmt
Corporate Stock EOYFMV$233,818CorporateStockEOYFMVAmt
Total Assets BOY$182,720TotalAssetsBOYAmt
Total Assets EOY$223,540TotalAssetsEOYAmt
Total Assets EOYFMV$288,645TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$182,720NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$223,540NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$182,720TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$223,540TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$182,720TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$223,540TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$182,720TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$40,820ExcessRevenueOverExpensesAmt
Subtotal$223,540SubtotalAmt
Tot Net Ast Or Fund Balances EOY$223,540TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (5 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
500 CLEARBRIDGE MLPD2019-10-152020-08-13$8,485$25,547-$17,062-$17,062
400 EXXON MOBILEP2019-10-152020-12-07$16,300$24,483-$8,183-$8,183
150 APPLE INC.D2013-01-152020-01-15$46,348$10,550$35,798$35,798
800 BENEFYTT TECHS INC.P2019-10-152020-07-13$24,464$20,829$3,635$3,635
400 MICROSOFT CORPD2020-01-052020-02-18$74,232$10,561$63,671$63,671
FieldValueIRS element (for citing)
Capital Gain Net Income$77,859CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$1,148InvestmentIncomeExciseTaxAmt
Subtotal$1,148SubtotalAmt
Tax Based On Investment Income$1,148TaxBasedOnInvestmentIncomeAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$29EsPenaltyAmt
Tax Due$1,177TaxDueAmt

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 BooksGUY H WHITEIndividualWithBooksNm
Phone6018985180PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1613 CRESCENT CIRCLE SUITE 100AddressLine1Txt
CityRIDGELANDCityNm
State AbbreviationMSStateAbbreviationCd
ZIP39157ZIPCd
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
GUY H WHITE
613 CRESCENT CIRCLE SUITE 100RIDGELANDMS39157TRUSTEE000.00$0$0$0
ALLISON H WHITE
613 CRESCENT CIRCLE SUITE100RIDGELANDMS39157TRUSTEE000.00$0$0$0
B B MITCHELL
613 CRESCENT CIRCLE STE 100RIDGELANDMS39157TRUSTEE000.00$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$234,450AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$81,000AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$315,450TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$315,450AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$4,732CashDeemedCharitableAmt
Net Vl Noncharitable Assets$310,718NetVlNoncharitableAssetsAmt
Minimum Investment Return$15,536MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$15,536MinimumInvestmentReturnAmt
Tax Based On Investment Income$1,148TaxBasedOnInvestmentIncomeAmt
Total Tax$1,148TotalTaxAmt
Distributable Before Adj$14,388DistributableBeforeAdjAmt
Distributable Before Ded$14,388DistributableBeforeDedAmt
Distributable As Adjusted$14,388DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$70,000ExpensesAndContributionsAmt
Qualifying Distributions$70,000QualifyingDistributionsAmt
Adjusted Qualifying Distri$70,000AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$14,388DistributableAsAdjustedAmt
Undistributed Income PY$3,073UndistributedIncomePYAmt
Qualifying Distributions$70,000QualifyingDistributionsAmt
Applied To Year1$3,073AppliedToYear1Amt
Applied To Current Year$14,388AppliedToCurrentYearAmt
Remaining Distri From Corpus$52,539RemainingDistriFromCorpusAmt
Total Corpus$52,539TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$52,539ExcessDistriCyovToNextYrAmt
Excess From Current Year$52,539ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (4 entries)

Address Line1RecipientUSAddress/AddressLine1TxtAddress Line2RecipientUSAddress/AddressLine2TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
CHRIST UNITED METHODIST CHURCH
6000 OLD CANTON6000 OLD CANTONJACKSONMS39211OFFERING$25,000
FRIENDS OF CHILDREN'S HOSPITAL
3900 LAKELAND DR3900 LAKELAND DRFLOWOODMS39232BLDG CAMPAIGN$10,000
OLE MISS AHLETICS FOUNDATION
PO BOX 1519PO BOX 1519OXFORDMS38655VAUGHT SOCIETY DONATION$25,000
ST JUDE CHILDREN'S HOSPITAL
501 ST JUDE PLACE501 ST JUDE PLACEMEMPHISTN38105CHARITABLE - RESEARCH$10,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$70,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$27RelatedOrExemptFunctionIncmAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$3,044RelatedOrExemptFunctionIncmAmt

Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$1,685RelatedOrExemptFunctionIncmAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$77,859RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$82,615RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$82,615TotalIncomeProducingActyAmt

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 PersonGUY WHITEContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1613 CRESCENT CIRCLE STE 100AddressLine1Txt
CityRIDGELANDCityNm
State AbbreviationMSStateAbbreviationCd
ZIP39157ZIPCd
FieldValueIRS element (for citing)
Total Contributions$31,900TotalContributionsAmt
Noncash ContributionYes (X)NoncashContributionInd

Non Cash Property Contribution NonCashPropertyContributionGrp (3 entries)

ContributorContributorNumNoncash PropertyNoncashPropertyDescFair Market ValueFairMarketValueAmtReceivedReceivedDt
1150 APPLE INC.$10,5502020-01-15
1400 MICROSOFT CORP$10,5622020-02-18
11200 RILEY FINANCIAL$10,7882020-12-02

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (8 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
HEALTH INS INNOVATIONS
AMERICAN GLOBAL$30,707$35,420
CLEARBRIDGE MLP & MAINSTRM
RILEY FINANCIAL$10,776$53,064
LUMEN TECHNOLOGIES$21,725$19,500
ALERIAN MPS$25,292$25,660
CLEARBRIDGE SELECT$40,005$62,274
SECTOR ENERGY$40,208$37,900

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt
EXPENSES
FOREIGN TAX PAID$37

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

FieldValueIRS element (for citing)
DescNON-DIV DISTRDesc
Revenue And Expenses Per Books$1,685RevenueAndExpensesPerBooksAmt
Net Investment Income$1,685NetInvestmentIncomeAmt
Adjusted Net Income$1,685AdjustedNetIncomeAmt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryINVESTMENT FEESCategoryTxt
Amt$3,658Amt

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