WILLIAM A GREGORY JR FOUNDATION INC: Form 990PF, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
WILLIAM A GREGORY JR FOUNDATION INC (EIN 59-3607455)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-11-13
IRS object ID
202503179349102790
Schema version
2024v5.0
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)
Return2025-11-13T19:46:22-05:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN994124805PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1KELLY PARTNERSFRS ACCOUNTANTSBusinessNameLine1Txt

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 Begin2024-01-01TaxPeriodBeginDt

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)
PersonHEIDI B MCCREEPersonNm
Person TitleDIRECTORPersonTitleTxt
Phone8137602792PhoneNum
Signature2025-11-13SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonPAUL E HOROWITZPreparerPersonNm
PTINP01474269PTIN
Phone7273471120PhoneNum
Preparation2025-11-13PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$7,624,991FMVAssetsEOYAmt
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$160InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$160InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$136,564DividendsRevAndExpnssAmt
Dividends Net Invst Incm$136,564DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$561,464NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$2,740,554GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$79,839CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$698,188TotalRevAndExpnssAmt
Total Net Invst Incm$216,563TotalNetInvstIncmAmt
Other Prof Fees Rev And Expnss$72,730OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$72,730OtherProfFeesNetInvstIncmAmt
Taxes Rev And Expnss$91TaxesRevAndExpnssAmt
Other Expenses Rev And Expnss$483OtherExpensesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$73,304TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$72,730TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$460,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$460,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$533,304TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$72,730TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$460,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$164,884ExcessRevenueOverExpensesAmt
Net Investment Income$143,833NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$56,508SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$83,363SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$83,363SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$5,341,226CorporateStockBOYAmt
Corporate Stock EOY$5,479,255CorporateStockEOYAmt
Corporate Stock EOYFMV$7,541,628CorporateStockEOYFMVAmt
Total Assets BOY$5,397,734TotalAssetsBOYAmt
Total Assets EOY$5,562,618TotalAssetsEOYAmt
Total Assets EOYFMV$7,624,991TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$5,397,734RetainedEarningBOYAmt
Retained Earning EOY$5,562,618RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$5,397,734TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$5,562,618TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$5,397,734TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$5,562,618TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$5,397,734TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$164,884ExcessRevenueOverExpensesAmt
Subtotal$5,562,618SubtotalAmt
Tot Net Ast Or Fund Balances EOY$5,562,618TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

FieldValueIRS element (for citing)
Capital Gain Net Income$79,839CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$1,999InvestmentIncomeExciseTaxAmt
Subtotal$1,999SubtotalAmt
Tax Based On Investment Income$1,999TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$289EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$289TotalPaymentsAndCreditsAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$65EsPenaltyAmt
Tax Due$1,775TaxDueAmt

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
HEIDI B MCCREE
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$7,103,541AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$62,279AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$7,165,820TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$7,165,820AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$107,487CashDeemedCharitableAmt
Net Vl Noncharitable Assets$7,058,333NetVlNoncharitableAssetsAmt
Minimum Investment Return$352,917MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$352,917MinimumInvestmentReturnAmt
Tax Based On Investment Income$1,999TaxBasedOnInvestmentIncomeAmt
Total Tax$1,999TotalTaxAmt
Distributable Before Adj$350,918DistributableBeforeAdjAmt
Distributable Before Ded$350,918DistributableBeforeDedAmt
Distributable As Adjusted$350,918DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$460,000ExpensesAndContributionsAmt
Qualifying Distributions$460,000QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$350,918DistributableAsAdjustedAmt
Undistributed Income PY$331,860UndistributedIncomePYAmt
Prior Year12021PriorYear1Yr
Total For Prior Years$118,203TotalForPriorYearsAmt
Qualifying Distributions$460,000QualifyingDistributionsAmt
Applied To Year1$331,860AppliedToYear1Amt
Applied To Prior Years$118,203AppliedToPriorYearsAmt
Applied To Current Year$9,937AppliedToCurrentYearAmt
Undistributed Income CY$340,981UndistributedIncomeCYAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (6 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmtAddress Line2RecipientUSAddress/AddressLine2Txt
KEEP TAMPA BAY BEAUTIFUL
PO BOX 2104TAMPAFL33601PROVIDE SUPPORT FOR ACTIVITIES$25,000
HILLSBOROUGH EDUCATION FOUNDATION
2306 N HOWARD AVETAMPAFL33607PROVIDE SUPPORT FOR ACTIVITIES$190,000
HCC FOUNDATION
39 COLUMBIA DRTAMPAFL33606PROVIDE SUPPORT FOR ACTIVITIES$70,000
UNIVERSITY OF SOUTH FLORIDA
4202 E FOWLER AVETAMPAFL33620PROVIDE SUPPORT FOR ACTIVITIES$150,000
FLORIDA AUDUBON SOCIETY INC
4500 BISCAYNE BLVDMIAMIFL33137PROVIDE SUPPORT FOR ACTIVITIES$20,000STE 350
READING WITH ERMA INC
6845 HAYTER DRLAKELANDFL33813PROVIDE SUPPORT FOR ACTIVITIES$5,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$460,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$99ExclusionAmt
Related Or Exempt Function Incm$61RelatedOrExemptFunctionIncmAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$136,496ExclusionAmt
Related Or Exempt Function Incm$68RelatedOrExemptFunctionIncmAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$561,455ExclusionAmt
Related Or Exempt Function Incm$9RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$698,050ExclusionAmt
Related Or Exempt Function Incm$138RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$698,188TotalIncomeProducingActyAmt

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

Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch

Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (8 entries)

AssetAssetDescHow AcquiredHowAcquiredTxtGross Sales PriceGrossSalesPriceAmtBasisBasisAmtTotal NetTotalNetAmt
RJ 5962PURCHASE$567,356$516,406$50,950
US 8164PURCHASE$8,330$6,890$1,440
MS 7268PURCHASE$962,475$565,382$397,093
MS 9414PURCHASE$1,119,489$1,090,022$29,467
MISC COST ADJPURCHASE$390-$390
MISC COST ADJPURCHASE$7$7
MISC COST ADJPURCHASE$3,049$3,049
MISC COST ADJPURCHASE$9$9

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (4 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
MORGAN STANLEY 9414$678,370$795,918
RAYMOND JAMES - 5962$2,162,776$2,394,801
US TRUST 8164$79,971$120,856
MORGAN STANLEY 7268$2,558,138$4,230,053

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt
EXPENSES
OTHER - EXPENSE REIMBURSEMENT$483

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryINVESTMENT MANAGEMENT FEESCategoryTxt
Amt$72,730Amt
Net Investment Income$72,730NetInvestmentIncomeAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryTAXESCategoryTxt
Amt$91Amt

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