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The Hindman Foundation Inc: Form 990PF, tax year 2017

View the entire original 990 at ProPublica ↗

Organization
The Hindman Foundation Inc (EIN 52-1358630)
Tax period
2017-01-01 to 2017-12-31
Filed
2018-05-16
IRS object ID
201801369349100305
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)
Return2018-05-16T05:12:47-07:00ReturnTs
Tax Period End2017-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1HAGAN FINANCIAL SERVICES INCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 118AddressLine1Txt
CityWHITE HALLCityNm
State AbbreviationMDStateAbbreviationCd
ZIP21161ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2017-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN521358630EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1The Hindman Foundation IncBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlHINDBusinessNameControlTxt
Phone4108408169PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12322 Nocodemus RoadAddressLine1Txt
CityWestminsterCityNm
State AbbreviationMDStateAbbreviationCd
ZIP21157ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonW JAMES HINDMANPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone4108408169PhoneNum
Signature2018-05-03SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonKARI R HAGANPreparerPersonNm
PTINP00069087PTIN
Phone4435075730PhoneNum
FieldValueIRS element (for citing)
Tax2017TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$95,349FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Dividends Rev And Expnss$2,211DividendsRevAndExpnssAmt
Dividends Net Invst Incm$2,211DividendsNetInvstIncmAmt
Cap Gain Net Incm Net Invst Incm$8,477CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss$191OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm$191OtherIncomeNetInvstIncmAmt
Total Rev And Expnss$2,402TotalRevAndExpnssAmt
Total Net Invst Incm$10,879TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$450AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$450AccountingFeesNetInvstIncmAmt
Printing And Pub Rev And Expnss$26PrintingAndPubRevAndExpnssAmt
Printing And Pub Net Invst Incm$26PrintingAndPubNetInvstIncmAmt
Other Expenses Rev And Expnss$626OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$626OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$1,102TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$1,102TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$31,650ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$31,650ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$32,752TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$1,102TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$31,650TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$30,350ExcessRevenueOverExpensesAmt
Net Investment Income$9,777NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$22,973CashBOYAmt
Cash EOY$10,928CashEOYAmt
Cash EOYFMV$10,928CashEOYFMVAmt
Corporate Stock BOY$88,342CorporateStockBOYAmt
Corporate Stock EOY$78,750CorporateStockEOYAmt
Corporate Stock EOYFMV$84,421CorporateStockEOYFMVAmt
Total Assets BOY$111,315TotalAssetsBOYAmt
Total Assets EOY$89,678TotalAssetsEOYAmt
Total Assets EOYFMV$95,349TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Capital Stock BOY$111,315CapitalStockBOYAmt
Capital Stock EOY$89,678CapitalStockEOYAmt
Tot Net Ast Or Fund Balances BOY$111,315TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$89,678TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$111,315TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$89,678TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$111,315TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$30,350ExcessRevenueOverExpensesAmt
Other Increases$8,765OtherIncreasesAmt
Subtotal$89,730SubtotalAmt
Other Decreases$52OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$89,678TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtDepreciationDepreciationAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtFMV As Of123169FMVAsOf123169AmtAdjusted Basis As Of123169AdjustedBasisAsOf123169AmtExcess FMV Over Adjusted BssExcessFMVOverAdjustedBssAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
StockP2015-12-312017-12-01$21,000$0$17,820$3,180$0$0$0$3,180
Capital Gain DistributionP2015-12-312017-12-01$5,297$0$0$5,297$0$0$0$5,297
FieldValueIRS element (for citing)
Capital Gain Net Income$8,477CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$500AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$108,295NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.004617DistributionYr1Rt
Adjusted Qlfy Distri Yr2$27,930AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$128,774NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.216892DistributionYr2Rt
Adjusted Qlfy Distri Yr3$6,000AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$106,563NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.056305DistributionYr3Rt
Adjusted Qlfy Distri Yr4$11,725AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$135,751NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.086371DistributionYr4Rt
Adjusted Qlfy Distri Yr5$7,326AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$132,762NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.055181DistributionYr5Rt
Total Distribution0.419366TotalDistributionRt
Average Distribution0.083873AverageDistributionRt
Net Vl Noncharitable Assets$112,276NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$9,417AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$98NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$9,515AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$31,650QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eYes (X)DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax$98InvestmentIncomeExciseTaxAmt
Tax Under Section511$0TaxUnderSection511Amt
Subtotal$98SubtotalAmt
Tax Based On Investment Income$98TaxBasedOnInvestmentIncomeAmt
Original Return Tax Paid$0OriginalReturnTaxPaidAmt
Tax Due$98TaxDueAmt
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 StateMDOrgReportOrRegisterStateCd
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 BooksW JAMES HINDMANIndividualWithBooksNm
Phone4108408169PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line12322 Nicodemus RoadAddressLine1Txt
CityWestminsterCityNm
State AbbreviationMDStateAbbreviationCd
ZIP21157ZIPCd
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 (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
W JAMES HINDMAN
2322 Nicodemus RoadWestminsterMD21157President5.00$0$0$0
DIXIE L HINDMAN
2322 Nicodemus RoadWestminsterMD21157VICE-PRESIDENT/SECRE2.00$0$0$0
CYNTHIA HINDMAN
2322 Nicodemus RoadWestminsterMD21157Director1.00$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)
Description1N/ADescription1Txt
Expenses1$0Expenses1Amt
Expenses2$0Expenses2Amt
Expenses3$0Expenses3Amt
Expenses4$0Expenses4Amt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$97,502AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$16,484AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$113,986TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$113,986AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$1,710CashDeemedCharitableAmt
Net Vl Noncharitable Assets$112,276NetVlNoncharitableAssetsAmt
Minimum Investment Return$5,614MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$5,614MinimumInvestmentReturnAmt
Tax Based On Investment Income$98TaxBasedOnInvestmentIncomeAmt
Total Tax$98TotalTaxAmt
Distributable Before Adj$5,516DistributableBeforeAdjAmt
Distributable Before Ded$5,516DistributableBeforeDedAmt
Distributable As Adjusted$5,516DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$31,650ExpensesAndContributionsAmt
Qualifying Distributions$31,650QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$98PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$31,552AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$5,516DistributableAsAdjustedAmt
Undistributed Income PY$5,363UndistributedIncomePYAmt
Excess Distribution Cyov Yr4$135ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr2$21,631ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$500ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$22,266TotalExcessDistributionCyovAmt
Qualifying Distributions$31,650QualifyingDistributionsAmt
Remaining Distri From Corpus$31,650RemainingDistriFromCorpusAmt
Total Corpus$53,916TotalCorpusAmt
Taxable2$5,363Taxable2Amt
Undistributed Income CY$5,516UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$53,916ExcessDistriCyovToNextYrAmt
Excess From Year4$135ExcessFromYear4Amt
Excess From Year2$21,631ExcessFromYear2Amt
Excess From Year1$500ExcessFromYear1Amt
Excess From Current Year$31,650ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerW JAMES HINDMANContributingManagerNm
Shareholder ManagerNONEShareholderManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (7 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
Associated Services for the Blind
919 Walnut StreetPhiladelphiaPA19107501(c)3General Purpose of organization$500
Baltimore Animal Rescue and Care Shelter
301 Stockholm StBaltimoreMD21230501(c)(3)General purpose of organization$50
Stevenson University
1525 Greenspring Valley RdStevensonMD21153501(c)(3)General purpose of organization$500
Critter Crusader
PO Box 10111Cedar RapidsIA52410501(c)(3)General Purpose of organization$100
Johns Hopkins
600 N Wolfe St Wilmer 112BaltimoreMD21287501(c)(3)Dr Arnall Patz Professorship$10,000
Castle on the Hill
PO Box 1776Sioux CityIA51102501(c)(3)General purpose of organization$500
Boys and Girls Club
71 E Main StWestminsterMD21157501(c)(3)General Purpose of organization$20,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$31,650TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$2,211ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$8,477ExclusionAmt

Other Revenue Described OtherRevenueDescribedGrp

FieldValueIRS element (for citing)
DescMiscellaneousDesc
Exclusion14ExclusionCd
Exclusion$533ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$11,221ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$11,221TotalIncomeProducingActyAmt

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

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockUBS AccountStockNm
EOY Book Value$78,750EOYBookValueAmt
EOYFMV$84,421EOYFMVAmt

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

FieldValueIRS element (for citing)
DescFederal TaxDesc
Amt$52Amt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp

FieldValueIRS element (for citing)
DescInvestment FeesDesc
Revenue And Expenses Per Books$626RevenueAndExpensesPerBooksAmt
Net Investment Income$626NetInvestmentIncomeAmt

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

FieldValueIRS element (for citing)
DescMiscellaneousDesc
Revenue And Expenses Per Books$191RevenueAndExpensesPerBooksAmt
Net Investment Income$191NetInvestmentIncomeAmt

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

FieldValueIRS element (for citing)
DescNet book value 12/31/2016Desc
Amt$8,765Amt

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