WILLIAM A GREGORY JR FOUNDATION INC: Form 990PF, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
WILLIAM A GREGORY JR FOUNDATION INC (EIN 59-3607455)
Tax period
2019-01-01 to 2019-12-31
Filed
2020-05-11
IRS object ID
202011329349100816
Schema version
2019v5.0
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)
Return2020-05-11T10:16:22-05:00ReturnTs
Tax Period End2019-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN592482214PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1FRSCPA PLLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11301 66TH ST NAddressLine1Txt
CitySAINT PETERSBURGCityNm
State AbbreviationFLStateAbbreviationCd
ZIP337105501ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2019-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN593607455EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1WILLIAM A GREGORY JR FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlWILLBusinessNameControlTxt
Phone8137602792PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line13225 S MACDILL AVE 129AddressLine1Txt
CityTAMPACityNm
State AbbreviationFLStateAbbreviationCd
ZIP33629ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonCHRISTOPHER H TAYLORPersonNm
Person TitleDIRECTORPersonTitleTxt
Phone8137602792PhoneNum
Signature2020-02-29SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonPAUL E HOROWITZPreparerPersonNm
PTINP01474269PTIN
Phone7273471120PhoneNum
Preparation2020-02-29PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address64.88.174.3IPv4AddressTxt
FieldValueIRS element (for citing)
IP2020-05-11IPDt
IP Tm10:16:22IPTm
IP TimezoneCDIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id9EC1F3D40B1D89E269C2AEC8AAA15D65685652CDAtSubmissionCreationDeviceId
At Submission Filing Device Id6A2A6BC883DFE6C86E5F5D4B7C6D403A99E16120AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2021-04-22 16:20:28ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$6,109,024FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$1,736ContriRcvdRevAndExpnssAmt
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$113InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$113InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$99,217DividendsRevAndExpnssAmt
Dividends Net Invst Incm$99,217DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$117,934NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$986,857GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$58,334CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$219,000TotalRevAndExpnssAmt
Total Net Invst Incm$157,664TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$2,000AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$2,000AccountingFeesNetInvstIncmAmt
Other Prof Fees Rev And Expnss$53,437OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$53,437OtherProfFeesNetInvstIncmAmt
Taxes Rev And Expnss$2,107TaxesRevAndExpnssAmt
Taxes Net Invst Incm$2,107TaxesNetInvstIncmAmt
Other Expenses Rev And Expnss$842OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$842OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$58,386TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$58,386TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$394,500ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$394,500ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$452,886TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$58,386TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$394,500TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$233,886ExcessRevenueOverExpensesAmt
Net Investment Income$99,278NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$1,890,376SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$95,155SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$95,155SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$2,634,311CorporateStockBOYAmt
Corporate Stock EOY$4,195,646CorporateStockEOYAmt
Corporate Stock EOYFMV$6,013,869CorporateStockEOYFMVAmt
Total Assets BOY$4,524,687TotalAssetsBOYAmt
Total Assets EOY$4,290,801TotalAssetsEOYAmt
Total Assets EOYFMV$6,109,024TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$4,524,687RetainedEarningBOYAmt
Retained Earning EOY$4,290,801RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$4,524,687TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$4,290,801TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$4,524,687TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$4,290,801TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$4,524,687TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$233,886ExcessRevenueOverExpensesAmt
Subtotal$4,290,801SubtotalAmt
Tot Net Ast Or Fund Balances EOY$4,290,801TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

FieldValueIRS element (for citing)
Capital Gain Net Income$58,334CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Net Vl Noncharitable Assets Yr1$3,979,908NetVlNoncharitableAssetsYr1Amt
Adjusted Qlfy Distri Yr2$215,700AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$3,781,565NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.057040DistributionYr2Rt
Adjusted Qlfy Distri Yr3$208,264AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$3,437,434NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.060587DistributionYr3Rt
Adjusted Qlfy Distri Yr4$446,870AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$3,657,428NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.122181DistributionYr4Rt
Adjusted Qlfy Distri Yr5$122,000AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$3,937,821NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.030982DistributionYr5Rt
Total Distribution0.270790TotalDistributionRt
Average Distribution0.067698AverageDistributionRt
Net Vl Noncharitable Assets$5,767,419NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$390,443AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$993NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$391,436AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$394,500QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eYes (X)DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax$993InvestmentIncomeExciseTaxAmt
Subtotal$993SubtotalAmt
Tax Based On Investment Income$993TaxBasedOnInvestmentIncomeAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$32EsPenaltyAmt
Tax Due$1,025TaxDueAmt

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
Org Report Or Register StateFLOrgReportOrRegisterStateCd
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 BooksKAREN F MILLSIndividualWithBooksNm
Phone8137602792PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line13225 S MACDILL AVENUEAddressLine1Txt
CityTAMPACityNm
State AbbreviationFLStateAbbreviationCd
ZIP33629ZIPCd
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
HEIDI B MCCREE
3225 S MACDILL AVENUETAMPAFL33629DIRECTOR1.00$0$0$0
KAREN F MILLS
3225 S MACDILL AVENUETAMPAFL33629DIRECTOR1.00$0$0$0
CHRISTOPHER H TAYLOR
3225 S MACDILL AVENUETAMPAFL33629DIRECTOR1.00$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$4,823,553AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$1,031,695AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$5,855,248TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$5,855,248AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$87,829CashDeemedCharitableAmt
Net Vl Noncharitable Assets$5,767,419NetVlNoncharitableAssetsAmt
Minimum Investment Return$288,371MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$288,371MinimumInvestmentReturnAmt
Tax Based On Investment Income$993TaxBasedOnInvestmentIncomeAmt
Total Tax$993TotalTaxAmt
Distributable Before Adj$287,378DistributableBeforeAdjAmt
Distributable Before Ded$287,378DistributableBeforeDedAmt
Distributable As Adjusted$287,378DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$394,500ExpensesAndContributionsAmt
Qualifying Distributions$394,500QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$993PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$393,507AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$287,378DistributableAsAdjustedAmt
Excess Distribution Cyov Yr4$128,029ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$37,006ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$28,059ExcessDistributionCyovYr2Amt
Total Excess Distribution Cyov$193,094TotalExcessDistributionCyovAmt
Qualifying Distributions$394,500QualifyingDistributionsAmt
Applied To Current Year$287,378AppliedToCurrentYearAmt
Remaining Distri From Corpus$107,122RemainingDistriFromCorpusAmt
Total Corpus$300,216TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$300,216ExcessDistriCyovToNextYrAmt
Excess From Year4$128,029ExcessFromYear4Amt
Excess From Year3$37,006ExcessFromYear3Amt
Excess From Year2$28,059ExcessFromYear2Amt
Excess From Current Year$107,122ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (5 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
KEEP TAMPA BAY BEAUTIFUL
PO BOX 2104TAMPAFL33601PROVIDE SUPPORT FOR ACTIVITIES$50,000
HILLSBOROUGH EDUCATION FOUNDATION
2306 N HOWARD AVETAMPAFL33607PROVIDE SUPPORT FOR ACTIVITIES$44,500
HCC FOUNDATION
39 COLUMBIA DRTAMPAFL33606PROVIDE SUPPORT FOR ACTIVITIES$100,000
UNIVERSITY OF SOUTH FLORIDA
4202 E FOWLER AVETAMPAFL33620PROVIDE SUPPORT FOR ACTIVITIES$100,000
UNIVERSITY OF TAMPA
401 W KENNEDY BLVDTAMPAFL33606PROVIDE SUPPORT FOR ACTIVITIES$100,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$394,500TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$113ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$99,217ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$117,934ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$217,264ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$217,264TotalIncomeProducingActyAmt

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)
CategoryACCOUNTING FEESCategoryTxt
Amt$2,000Amt
Net Investment Income$2,000NetInvestmentIncomeAmt

Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch

Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (5 entries)

AssetAssetDescHow AcquiredHowAcquiredTxtGross Sales PriceGrossSalesPriceAmtTotal NetTotalNetAmtBasisBasisAmt
RJ 5936PURCHASE$377$377
RJ 5962PURCHASE$519,903$5,022$514,881
US TRUST 8164PURCHASE$6,750$6,750
MS 7268-265PURCHASE$162,218$53,961$108,257
MS 9414-265PURCHASE$239,275$240$239,035

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (4 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
MORGAN STANLEY 059414-265$1,388,260$1,458,058
RAYMOND JAMES - 5962$1,496,707$1,730,495
US TRUST$77,645$93,074
MORGAN STANLEY 047268-265$1,233,034$2,732,242

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmt
EXPENSES
OFFICE EXPENSES$842$842

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryINVESTMENT MANAGEMENT FEESCategoryTxt
Amt$53,437Amt
Net Investment Income$53,437NetInvestmentIncomeAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryTAXESCategoryTxt
Amt$2,107Amt
Net Investment Income$2,107NetInvestmentIncomeAmt

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