MILBURN FOUNDATION: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- MILBURN FOUNDATION (EIN 20-8937314)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2020-11-11
- IRS object ID
- 202043169349100344
- 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
- Form 990-PF
- Schedule B
- Accounting Fees Schedule
- General Explanation Attachment
- Legal Fees Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-11-11T07:57:21-08:00 | ReturnTs |
| Tax Period End | 2019-12-31 | 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 | 2019-01-01 | 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 | 2020-11-11 | SignatureDt |
| Discuss With Paid Preparer | false | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Dennis J Burkart | PreparerPersonNm |
| PTIN | P00118088 | PTIN |
| Phone | 8055436876 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | TaxYr |
| Build TS | 2021-04-22 16:20:28Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $2,545,729 | 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 | $325,000 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $39,565 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $39,565 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $34,959 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $34,959 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $160,305 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $855,536 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $160,305 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $1,920 | OtherIncomeRevAndExpnssAmt |
| Total Rev And Expnss | $561,749 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $234,829 | TotalNetInvstIncmAmt |
| Legal Fees Rev And Expnss | $9,266 | LegalFeesRevAndExpnssAmt |
| Accounting Fees Rev And Expnss | $1,075 | AccountingFeesRevAndExpnssAmt |
| Other Prof Fees Rev And Expnss | $12,000 | OtherProfFeesRevAndExpnssAmt |
| Taxes Rev And Expnss | $10 | TaxesRevAndExpnssAmt |
| Other Expenses Rev And Expnss | $4,682 | OtherExpensesRevAndExpnssAmt |
| Tot Opr Expenses Rev And Expnss | $27,033 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $0 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $124,400 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $124,400 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $151,433 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $0 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $124,400 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $410,316 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $234,829 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $49,395 | CashBOYAmt |
| Cash EOY | $162,775 | CashEOYAmt |
| Cash EOYFMV | $162,775 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $480,218 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $399,700 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $399,700 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $805,019 | CorporateStockBOYAmt |
| Corporate Stock EOY | $1,127,180 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $1,127,180 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $495,965 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $540,377 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $540,377 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $234,000 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $244,881 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $315,697 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $2,064,597 | TotalAssetsBOYAmt |
| Total Assets EOY | $2,474,913 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $2,545,729 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $2,064,597 | RetainedEarningBOYAmt |
| Retained Earning EOY | $2,474,913 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $2,064,597 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $2,474,913 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $2,064,597 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $2,474,913 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $2,064,597 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $410,316 | ExcessRevenueOverExpensesAmt |
| Subtotal | $2,474,913 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $2,474,913 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (9 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| WELLS FARGO SECURITIES #4466 - L/T NON | P | 1986-05-02 | 2019-02-11 | $145,000 | $8,414 | $136,586 | $136,586 |
| INTERACTIVE BROKERS - LONG TERM COVERED | P | 2018-08-08 | 2019-07-29 | $56,183 | $55,123 | $1,060 | $1,060 |
| INTERACTIVE BROKERS | P | 2017-09-08 | 2019-12-26 | $17,038 | $169 | $16,869 | $16,869 |
| AYERS | P | 2019-08-27 | 2019-06-19 | $78,469 | $79,947 | -$1,478 | -$1,478 |
| AYERS | P | 2018-08-17 | 2019-12-18 | $5,195 | $7,273 | -$2,078 | -$2,078 |
| RGB | P | 2018-12-18 | 2019-02-15 | $187,782 | $180,879 | $6,903 | $6,903 |
| FINANCIAL SENSE | P | 2019-06-25 | 2019-07-08 | $248,499 | $244,141 | $4,358 | $4,358 |
| INTERACTIVE BROKERS | P | 2018-04-26 | 2019-03-22 | $69,655 | $70,484 | -$829 | -$829 |
| INTERACTIVE BROKERS - LONG TERM COVERED | P | 2018-04-19 | 2019-12-12 | $47,715 | $48,801 | -$1,086 | -$1,086 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $160,305 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $193,375 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $1,912,857 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.10109 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $167,425 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $1,670,843 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.10020 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $150,476 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $1,788,937 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.08412 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $173,618 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $1,705,953 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.10177 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $173,034 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $1,677,294 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.10316 | DistributionYr5Rt |
| Total Distribution | 0.490346 | TotalDistributionRt |
| Average Distribution | 0.098069 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $2,248,186 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $220,477 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $2,348 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $222,825 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $248,800 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | Yes (X) | DomesticOrgMeetingSect4940eInd |
| Investment Income Excise Tax | $2,348 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $2,348 | SubtotalAmt |
| Tax Based On Investment Income | $2,348 | TaxBasedOnInvestmentIncomeAmt |
| Tax Due | $2,348 | TaxDueAmt |
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 |
| 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 |
| SARA 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 HEALTHE ISSUES, MENS HEALTH,CHILDRENS HEALTH ISSUES,INOVATIVE EDUCATION, CLEAN ENVIRONMENT,VETERANS ISSUES, AND PHILANTROPIC DATA TECHNOLGY. | Description4Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $2,248,186 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $34,236 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $2,282,422 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $2,282,422 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $34,236 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $2,248,186 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $112,409 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sect4942j3j5 Fndtn And Frgn Org | Yes (X) | Sect4942j3j5FndtnAndFrgnOrgInd |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $124,400 | ExpensesAndContributionsAmt |
| Set Aside Cash Distri Test | $124,400 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $248,800 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $2,348 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $246,452 | AdjustedQualifyingDistriAmt |
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 |
| Year2 | $7,210 | Year2Amt |
| Total | $7,210 | TotalAmt |
Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Year2 | $6,129 | Year2Amt |
| Total | $6,129 | TotalAmt |
Qualifying Distributions QualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $248,800 | CurrentYearAmt |
| Year1 | $196,252 | Year1Amt |
| Year2 | $167,948 | Year2Amt |
| Year3 | $150,476 | Year3Amt |
| Total | $763,476 | TotalAmt |
Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $248,800 | CurrentYearAmt |
| Year1 | $196,252 | Year1Amt |
| Year2 | $167,948 | Year2Amt |
| Year3 | $150,476 | Year3Amt |
| Total | $763,476 | TotalAmt |
Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $76,857 | CurrentYearAmt |
| Year1 | $63,762 | Year1Amt |
| Year2 | $55,723 | Year2Amt |
| Year3 | $48,657 | Year3Amt |
| Total | $244,999 | TotalAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (3 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 | $60,900 |
| SUSAN G KOMEN GREATER CENTRAL EAST | ||||||
| PO BOX 161927 | AUSTIN | TX | 78716 | NONE | BREAST CANCER RESEARCH | $3,500 |
| ASSOC FOR FROTOTEMPORAL | ||||||
| 2700HORIZON DR SUITE 120 | KING OF PRUSSIA | PA | 19406 | NONE | DEMENTIA RESEARCH | $60,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $124,400 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $39,565 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $34,959 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,920 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $160,305 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $76,444 | ExclusionAmt |
| Related Or Exempt Function Incm | $160,305 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $236,749 | 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 | $200,000 | Yes (X) |
| W B MILBURN CLAT I TR | ||||||
| 2 | 7901 ASPEN HIGHLANDS DR | AUSTIN | TX | 78746 | $125,000 | Yes (X) |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amt | $1,075 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | 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. |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legal Fees | $9,266 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt |
|---|---|
| BUSINESS FILING DIVISION | $75 |
| INSURANCE | $2,100 |
| PROFESSIONAL SERVICES | $2,507 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Other Investment Income | Desc |
| Revenue And Expenses Per Books | $1,920 | RevenueAndExpensesPerBooksAmt |
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 | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FRANCHISE TAX | CategoryTxt |
| Amt | $10 | Amt |
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