PARDUE FAMILY FOUNDATION: Form 990PF, tax year 2017

View the entire original 990 at ProPublica ↗

Organization
PARDUE FAMILY FOUNDATION (EIN 81-4711352)
Tax period
2017-01-01 to 2017-12-31
Filed
2019-04-08
IRS object ID
201920989349100107
Schema version
2017v2.2
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)
Return2019-04-08T10:46:41-07:00ReturnTs
Tax Period End2017-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Thomas E Dannemiller Jr CPABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line12302 Abbey CourtAddressLine1Txt
CityAlpharettaCityNm
State AbbreviationGAStateAbbreviationCd
ZIP300046028ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2017-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN814711352EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1The Pardue Family FoundationBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlPARDBusinessNameControlTxt
Phone7705277002PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11005 Bailey RoadAddressLine1Txt
CityWoodstockCityNm
State AbbreviationGAStateAbbreviationCd
ZIP30188ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDWIGHT E PARDUE JRPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone7705277002PhoneNum
Signature2019-02-19SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonTHOMAS E DANNEMILLER JRPreparerPersonNm
PTINP00027929PTIN
Phone7706673608PhoneNum
Preparation2019-04-08PreparationDt
Self EmployedYes (X)SelfEmployedInd

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address73.137.19.29IPv4AddressTxt
FieldValueIRS element (for citing)
IP2019-04-08IPDt
IP Tm10:46:30IPTm
IP TimezonePDIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device IdC72972740022DD0E02A0DEC9AD762AF0A3A8CC8FAtSubmissionCreationDeviceId
At Submission Filing Device Id5B2D513677753C45D46C46EBE8DC2676E680B3DDAtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2017TaxYr
Build TS2019-02-21 02:37:17ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Initial ReturnYes (X)InitialReturnInd
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$6,752,636FMVAssetsEOYAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$28,530ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$195InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$195InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$235,318DividendsRevAndExpnssAmt
Dividends Net Invst Incm$235,318DividendsNetInvstIncmAmt
Cap Gain Net Incm Net Invst Incm$6,663,111CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss$201,801OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm$201,801OtherIncomeNetInvstIncmAmt
Total Rev And Expnss$465,844TotalRevAndExpnssAmt
Total Net Invst Incm$7,100,425TotalNetInvstIncmAmt
Other Prof Fees Rev And Expnss$51,319OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$51,319OtherProfFeesNetInvstIncmAmt
Taxes Rev And Expnss$140,000TaxesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$191,319TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$51,319TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$325,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$325,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$516,319TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$51,319TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$325,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$50,475ExcessRevenueOverExpensesAmt
Net Investment Income$7,049,106NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash EOY$769CashEOYAmt
Cash EOYFMV$769CashEOYFMVAmt
Sav And Temp Cash Invst EOY$362,000SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$362,000SavAndTempCashInvstEOYFMVAmt
Corporate Stock EOY$6,389,867CorporateStockEOYAmt
Corporate Stock EOYFMV$6,389,867CorporateStockEOYFMVAmt
Total Assets EOY$6,752,636TotalAssetsEOYAmt
Total Assets EOYFMV$6,752,636TotalAssetsEOYFMVAmt
Accounts Payable EOY$140,000AccountsPayableEOYAmt
Total Liabilities EOY$140,000TotalLiabilitiesEOYAmt
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind
Unrestricted EOY$6,612,636UnrestrictedEOYAmt
Tot Net Ast Or Fund Balances EOY$6,612,636TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$0TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$6,752,636TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Excess Revenue Over Expenses-$50,475ExcessRevenueOverExpensesAmt
Other Increases$6,663,111OtherIncreasesAmt
Subtotal$6,612,636SubtotalAmt
Tot Net Ast Or Fund Balances EOY$6,612,636TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)

PropertyPropertyDescGross Sales PriceGrossSalesPriceAmtDepreciationDepreciationAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtFMV As Of123169FMVAsOf123169AmtAdjusted Basis As Of123169AdjustedBasisAsOf123169AmtExcess FMV Over Adjusted BssExcessFMVOverAdjustedBssAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
PUBLICLY TRADED SECURITIES$545,019$0$536,550$8,469$0$0$0$8,469
PUBLICLY TRADED SECURITIES$6,683,172$0$28,530$6,654,642$0$0$0$6,654,642
FieldValueIRS element (for citing)
Capital Gain Net Income$6,663,111CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Adj Nonchrtbl Net Invst Incm Pct$0AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$0QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$140,982InvestmentIncomeExciseTaxAmt
Tax Under Section511$0TaxUnderSection511Amt
Subtotal$140,982SubtotalAmt
Tax Based On Investment Income$140,982TaxBasedOnInvestmentIncomeAmt
Extsn Request Income Tax Paid$140,000ExtsnRequestIncomeTaxPaidAmt
Total Payments And Credits$140,000TotalPaymentsAndCreditsAmt
Original Return Tax Paid$140,000OriginalReturnTaxPaidAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$4,219EsPenaltyAmt
Tax Due$5,201TaxDueAmt
Applied To ES Tax$0AppliedToESTaxAmt

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 StateNCOrgReportOrRegisterStateCd
Org Report Or Register StateGAOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrfalseComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksDWIGHT E PARDUE JRIndividualWithBooksNm
Phone7705277002PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line11005 Bailey RoadAddressLine1Txt
CityWoodstockCityNm
State AbbreviationGAStateAbbreviationCd
ZIP30188ZIPCd
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
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
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

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
DWIGHT E PARDUE JR
1005 Bailey RoadWoodstockGA30188President1.00$0$0$0
RICHARD S PARDUE
P O BOX 37MONTPELIERVA23192Secretary1.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k0OtherEmployeePaidOver50kCnt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt
Contractor Paid Over50k0ContractorPaidOver50kCnt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1NONEDescription1Txt
Expenses1$0Expenses1Amt
Expenses2$0Expenses2Amt
Expenses3$0Expenses3Amt
Expenses4$0Expenses4Amt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$5,174,323AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$1,426,161AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$6,600,484TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$6,600,484AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$99,007CashDeemedCharitableAmt
Net Vl Noncharitable Assets$6,501,477NetVlNoncharitableAssetsAmt
Minimum Investment Return$325,074MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$325,074MinimumInvestmentReturnAmt
Tax Based On Investment Income$140,982TaxBasedOnInvestmentIncomeAmt
Total Tax$140,982TotalTaxAmt
Distributable Before Adj$184,092DistributableBeforeAdjAmt
Distributable Before Ded$184,092DistributableBeforeDedAmt
Distributable As Adjusted$184,092DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$325,000ExpensesAndContributionsAmt
Qualifying Distributions$325,000QualifyingDistributionsAmt
Adjusted Qualifying Distri$325,000AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$184,092DistributableAsAdjustedAmt
Qualifying Distributions$325,000QualifyingDistributionsAmt
Applied To Current Year$184,092AppliedToCurrentYearAmt
Remaining Distri From Corpus$140,908RemainingDistriFromCorpusAmt
Total Corpus$140,908TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$140,908ExcessDistriCyovToNextYrAmt
Excess From Current Year$140,908ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerNONEContributingManagerNm
Shareholder ManagerNONEShareholderManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (6 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
ALZHEIMERS ASSOCIATION
3323 WEST COMMERCIAL BOULEVARD STEFORT LAUDERDALEFL33309PCHEALTHCARE$10,000
EBENEZER UNITED METHODIST CHURCH OF MILTON
12900 ARNOLD MILL ROADROSWELLGA30075PCRELIGIOUS$260,000
Quality Deer Management Association
170 Whitetail WayBogartGA30622PCEDUCATION$25,000
The Encouragement Project
PO Box 452ALPHARETTAGA30009PCCHARITABLE$10,000
Foundation For Outdoor Kids
105 OAK KNOLL WAYROSWELLGA30075PCCHARITABLE$10,000
The Health Foundation
230 Jefferson StNORTH WILKESBORONC28659PCCHARITABLE$10,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$325,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$195ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$235,318ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$235,513ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$235,513TotalIncomeProducingActyAmt

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 Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1Estate of Dwight E PardueBusinessNameLine1Txt

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1817 COUNTRY CLUB ROAD EXTENSIONAddressLine1Txt
CityWILKESBOROCityNm
State AbbreviationNCStateAbbreviationCd
ZIP28697ZIPCd
FieldValueIRS element (for citing)
Total Contributions$28,531TotalContributionsAmt
Noncash ContributionYes (X)NoncashContributionInd

Non Cash Property Contribution NonCashPropertyContributionGrp (2 entries)

ContributorContributorNumNoncash PropertyNoncashPropertyDescFair Market ValueFairMarketValueAmtReceivedReceivedDt
1LOWES COMPANY INC. 67,725 SHARES$4,816,6022016-12-27
1LOWES COMPANY INC. 13,790 SHARES$1,025,5622017-02-03

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockSEE STATEMENTStockNm
EOY Book Value$6,389,867EOYBookValueAmt
EOYFMV$6,389,867EOYFMVAmt

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

FieldValueIRS element (for citing)
DescUnrealized Gain on InvestmentsDesc
Revenue And Expenses Per Books$201,801RevenueAndExpensesPerBooksAmt
Net Investment Income$201,801NetInvestmentIncomeAmt

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

FieldValueIRS element (for citing)
DescCAPITAL GAINSDesc
Amt$6,663,111Amt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryLPL FINANCIAL ADVISORY FEESCategoryTxt
Amt$51,319Amt
Net Investment Income$51,319NetInvestmentIncomeAmt

Reasonable Cause Explanation ReasonableCauseExplanation

FieldValueIRS element (for citing)
ExplanationTHIS IS THE INITIAL RETURN FOR THE TAXPAYER. THE ACCOUNTANTS IN GEORGIA WHO CALCULATED THE EXTENSION AMOUNT AND FILED THE EXTENSION BELIEVED THE ACCOUNTANTS IN NORTH CAROLINA FOR THE DONOR ESTATE WOULD PREPARE THE RETURN. THE ACCOUNTANTS IN NORTH CAROLINA BELIEVED THE GEORGIA ACCOUNTANTS WOULD PREPARE THE RETURN. THE MISCOMMUNICATION WAS DISCOVERED SUBSEQUENT TO THE EXTENDED DUE DATE AND THE RETURN HAS BEEN PREPARED WITH ALL DELIBERATE SPEED. WE RESPECTFULLY REQUEST THAT THIS FIRST TIME FAILUREExplanationTxt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryFederal TaxesCategoryTxt
Amt$140,000Amt

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