MILBURN FOUNDATION: Form 990PF, tax year 2018
View the entire original 990 at ProPublica ↗
- Organization
- MILBURN FOUNDATION (EIN 20-8937314)
- Tax period
- 2018-01-01 to 2018-12-31
- Filed
- 2019-11-05
- IRS object ID
- 201933099349100818
- Schema version
- 2018v3.1
- 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
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2019-11-05T12:07:36-08:00 | ReturnTs |
| Tax Period End | 2018-12-31 | 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 | 694 Santa Rosa Street | AddressLine1Txt |
| City | San Luis Obispo | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 93401 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2018-01-01 | 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 | 2019-11-05 | 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 | 2018 | TaxYr |
| Build TS | 2020-01-14 16:20:31Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $2,120,187 | 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 | $12,822 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $12,822 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $274,909 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $274,909 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$29,120 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,314,713 | GrossSalesPriceAmt |
| Other Income Rev And Expnss | $1,629 | OtherIncomeRevAndExpnssAmt |
| Total Rev And Expnss | $585,240 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $287,731 | TotalNetInvstIncmAmt |
| Legal Fees Rev And Expnss | $2,486 | LegalFeesRevAndExpnssAmt |
| Accounting Fees Rev And Expnss | $707 | AccountingFeesRevAndExpnssAmt |
| Other Prof Fees Rev And Expnss | $12,000 | OtherProfFeesRevAndExpnssAmt |
| Other Expenses Rev And Expnss | $4,370 | OtherExpensesRevAndExpnssAmt |
| Tot Opr Expenses Rev And Expnss | $19,563 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $0 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $98,126 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $98,126 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $117,689 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $0 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $98,126 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $467,551 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $287,731 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $50,816 | CashBOYAmt |
| Cash EOY | $49,395 | CashEOYAmt |
| Cash EOYFMV | $49,395 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $663,114 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $480,218 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $480,218 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $587,708 | CorporateStockBOYAmt |
| Corporate Stock EOY | $805,019 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $859,260 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $233,483 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $495,965 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $486,371 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $61,925 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $234,000 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $244,943 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $1,597,046 | TotalAssetsBOYAmt |
| Total Assets EOY | $2,064,597 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $2,120,187 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Retained Earning BOY | $1,597,046 | RetainedEarningBOYAmt |
| Retained Earning EOY | $2,064,597 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $1,597,046 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $2,064,597 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $1,597,046 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $2,064,597 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $1,597,046 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $467,551 | ExcessRevenueOverExpensesAmt |
| Subtotal | $2,064,597 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $2,064,597 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (7 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| NATIONAL FINANCIAL | P | 2018-08-27 | 2018-12-18 | $981,753 | $1,008,587 | -$26,834 | -$26,834 |
| WELLS FARGO SECURITIES #9919 | P | 2017-03-09 | 2018-02-13 | $38,869 | $42,248 | -$3,379 | -$3,379 |
| WELLS FARGO SECURITIES #9919 | P | 2016-06-09 | 2018-02-13 | $97,848 | $93,685 | $4,163 | $4,163 |
| WELLS FARGO # 9919 | P | 2016-03-15 | 2018-01-19 | $7,482 | $12,650 | -$5,168 | -$5,168 |
| INTERACTIVE BROKERS | P | 2018-04-18 | 2018-09-12 | $69,999 | $70,138 | -$139 | -$139 |
| INTERACTIVE BROKERS | P | 2018-06-05 | 2018-10-31 | $67,719 | $66,223 | $1,496 | $1,496 |
| INTERACTIVE BROKERS | P | 2016-08-09 | 2018-10-21 | $51,043 | $50,302 | $741 | $741 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$29,120 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | -$28,856 | NetShortTermCapitalGainLossAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $167,425 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $1,670,843 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.10020 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $150,476 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $1,788,937 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.08412 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $173,618 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $1,705,953 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.10177 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $173,034 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $1,677,294 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.10316 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $142,998 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $1,451,471 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.09852 | DistributionYr5Rt |
| Total Distribution | 0.487773 | TotalDistributionRt |
| Average Distribution | 0.097555 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $1,912,857 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $186,609 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $2,877 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $189,486 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $196,252 | 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 | $2,877 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $2,877 | SubtotalAmt |
| Tax Based On Investment Income | $2,877 | TaxBasedOnInvestmentIncomeAmt |
| Tax Due | $2,877 | 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 |
| Form990 T Filed | false | Form990TFiledInd |
| 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 | 10551 INDIGO BROOM LOOP | AddressLine1Txt |
| City | AUSTIN | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 78733 | 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 |
| Undistr Incm Sect4942a2 Not App | false | UndistrIncmSect4942a2NotAppInd |
| Business Holdings | false | BusinessHoldingsInd |
| Excess Business Holdings | false | ExcessBusinessHoldingsInd |
| 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 |
| Transactions Fail To Qlfy As Exc | false | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | false | MaintainedExpenditureRspnsInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Proceeds Or Net Income | false | ProceedsOrNetIncomeInd |
| 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 | ||||||
| 10551 INDIGO BROOM LOOP | AUSTIN | TX | 78733 | CFO | 2.00 | $0 |
| STEPHANIE WILLIAMS | ||||||
| 10551 INDIGO BROOM LOOP | AUSTIN | TX | 78733 | Secretary | 0.50 | $0 |
| KATHLEEN C MILBURN-WILLIAMS | ||||||
| 10551 INDIGO BROOM LOOP | AUSTIN | TX | 78733 | Director | 0.25 | $0 |
| BRYON DAVIS | ||||||
| 10551 INDIGO BROOM LOOP | AUSTIN | TX | 78733 | President | 5.00 | $0 |
| SARA WILLIAMS | ||||||
| 10551 INDIGO BROOM LOOP | AUSTIN | TX | 78733 | 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 | $1,988,495 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $22,295 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $2,010,790 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $2,010,790 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $97,933 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $1,912,857 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $95,643 | 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 | $98,126 | ExpensesAndContributionsAmt |
| Set Aside Cash Distri Test | $98,126 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $196,252 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $2,877 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $193,375 | 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 |
| Year1 | $7,210 | Year1Amt |
| Total | $7,210 | TotalAmt |
Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Year1 | $6,129 | Year1Amt |
| Total | $6,129 | TotalAmt |
Qualifying Distributions QualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $196,252 | CurrentYearAmt |
| Year1 | $167,948 | Year1Amt |
| Year2 | $150,476 | Year2Amt |
| Year3 | $175,816 | Year3Amt |
| Total | $690,492 | TotalAmt |
Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $196,252 | CurrentYearAmt |
| Year1 | $167,948 | Year1Amt |
| Year2 | $150,476 | Year2Amt |
| Year3 | $175,816 | Year3Amt |
| Total | $690,492 | TotalAmt |
Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $63,762 | CurrentYearAmt |
| Year1 | $55,723 | Year1Amt |
| Year2 | $48,657 | Year2Amt |
| Year3 | $56,865 | Year3Amt |
| Total | $225,007 | TotalAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (2 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 | $68,126 |
| SUSAN G KOMEN GREATER CENTRAL EAST | ||||||
| PO BOX 161927 | AUSTIN | TX | 78716 | NONE | BREAST CANCER RESEARCH | $30,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $98,126 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $12,822 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $274,909 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,629 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | -$29,120 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $289,360 | ExclusionAmt |
| Related Or Exempt Function Incm | -$29,120 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $260,240 | 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 | 10551 INDIGO BROOM LOOP | AUSTIN | TX | 78733 | $200,000 | Yes (X) |
| W B MILBURN CLAT I TR | ||||||
| 2 | 10551 INDIGO BROOM LOOP | AUSTIN | TX | 78733 | $125,000 | Yes (X) |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amt | $707 | 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 | $2,486 | 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 | $1,680 |
| PROFESSIONAL SERVICES | $2,615 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Other Investment Income | Desc |
| Revenue And Expenses Per Books | $1,629 | 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 |
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