DORAN FOUNDATION INC: Form 990PF, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- DORAN FOUNDATION INC (EIN 20-3474077)
- Tax period
- 2017-01-01 to 2017-12-31
- Filed
- 2018-07-12
- IRS object ID
- 201821939349100402
- Schema version
- 2017v2.3
- 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
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2018-07-12T08:42:08-05:00 | ReturnTs |
| Tax Period End | 2017-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 721396621 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CARR RIGGS & INGRAM LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3011 ARMORY DRIVE SUITE 190 | AddressLine1Txt |
| City | NASHVILLE | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 37204 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2017-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 203474077 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DORAN FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | DORA | BusinessNameControlTxt |
| Phone | 2707535515 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1121 STATE ROUTE 94 WEST | AddressLine1Txt |
| City | MURRAY | CityNm |
| State Abbreviation | KY | StateAbbreviationCd |
| ZIP | 420714600 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | HAROLD G DORAN JR | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 2707535515 | PhoneNum |
| Signature | 2018-07-06 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JOHN V RAYBURN | PreparerPersonNm |
| PTIN | P00429464 | PTIN |
| Phone | 6156651811 | PhoneNum |
| Preparation | 2018-07-06 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2017 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $3,204,097 | 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 | $260,000 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $29,693 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $29,693 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $29,693 | InterestOnSavingsAdjNetIncmAmt |
| Dividends Rev And Expnss | $80,792 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $80,792 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $80,792 | DividendsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $10,437 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $607,606 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $10,437 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $412 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $364 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $412 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $381,334 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $121,286 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $110,897 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $53,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $53,000 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $53,000 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $11,563 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $11,563 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Adj Net Incm | $11,563 | PensionEmplBnftAdjNetIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $0 | PensionEmplBnftDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $1,550 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $1,550 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $5,383 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $4,131 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $8,254 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $1,800 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $6,454 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $79,750 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $66,363 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $76,698 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $132,900 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $132,900 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $212,650 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $66,363 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $76,698 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $132,900 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $168,684 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $54,923 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $34,199 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $324,840 | CashBOYAmt |
| Cash EOY | $222,820 | CashEOYAmt |
| Cash EOYFMV | $222,820 | CashEOYFMVAmt |
| Prepaid Expenses BOY | $1,000 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $610 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $610 | PrepaidExpensesEOYFMVAmt |
| Corporate Stock BOY | $2,304,333 | CorporateStockBOYAmt |
| Corporate Stock EOY | $1,603,316 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $1,731,657 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $1,037,297 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $1,214,511 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $1,249,010 | CorporateBondsEOYFMVAmt |
| Total Assets BOY | $3,667,470 | TotalAssetsBOYAmt |
| Total Assets EOY | $3,041,257 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $3,204,097 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
| Unrestricted BOY | $3,667,470 | UnrestrictedBOYAmt |
| Unrestricted EOY | $3,041,257 | UnrestrictedEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $3,667,470 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $3,041,257 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $3,667,470 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $3,041,257 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $3,667,470 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $168,684 | ExcessRevenueOverExpensesAmt |
| Other Increases | $112 | OtherIncreasesAmt |
| Subtotal | $3,836,266 | SubtotalAmt |
| Other Decreases | $795,009 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $3,041,257 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (6 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|
| SCOTTRADE #1609 | $312,853 | $299,775 | $13,078 | $13,078 | |
| SCOTTRADE #1609 | $237,365 | $248,400 | -$11,035 | -$11,035 | |
| ARCONIC INC COM | $55,783 | $48,980 | $6,803 | $6,803 | |
| ARCONIC INC COM | $12 | $10 | $2 | $2 | |
| SCOTTRADE #1609 | $18 | $4 | $14 | $14 | |
| CAPITAL GAINS DIVIDENDS | $1,575 | $1,575 | $1,575 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $10,437 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $13,078 | NetShortTermCapitalGainLossAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $125,050 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $2,481,327 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.050396 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $131,430 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $2,405,950 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.054627 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $130,200 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $2,516,212 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.051744 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $102,400 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $2,169,102 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.047208 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $87,400 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $1,908,133 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.045804 | DistributionYr5Rt |
| Total Distribution | 0.249779 | TotalDistributionRt |
| Average Distribution | 0.049956 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $2,916,218 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $145,683 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $549 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $146,232 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $132,900 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $1,098 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $1,098 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $1,098 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $610 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $1,000 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $1,610 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $11 | EsPenaltyAmt |
| Overpayment | $501 | OverpaymentAmt |
| Applied To ES Tax | $501 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | HAROLD G DORAN JR | IndividualWithBooksNm |
| Phone | 2707535515 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1121 STATE ROUTE 94 W | AddressLine1Txt |
| City | MURRAY | CityNm |
| State Abbreviation | KY | StateAbbreviationCd |
| ZIP | 420714600 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| HAROLD G DORAN JR | ||||||||
| 1121 STATE ROUTE 94W | MURRAY | KY | 42071 | PRESIDENT/DIRECTOR | 30.00 | $28,000 | $0 | $0 |
| SARAH D MURRAY | ||||||||
| 1003 BATE AVENUE | NASHVILLE | TN | 37204 | SECRETARY/DIRECTOR | 0.00 | $0 | $0 | $0 |
| H FRANK DORAN | ||||||||
| 2010 ELMBROOK CT | MURRAY | KY | 42071 | TRASURER/DIRECTOR | 20.00 | $25,000 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $2,527,712 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $432,305 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $610 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $2,960,627 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $2,960,627 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $44,409 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $2,916,218 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $145,811 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $145,811 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $1,098 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $1,098 | TotalTaxAmt |
| Distributable Before Adj | $144,713 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $144,713 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $144,713 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $132,900 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $132,900 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $132,900 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $144,713 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr3 | $7,424 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $12,872 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $1,374 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $21,670 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $132,900 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $132,900 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $11,813 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $11,813 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $9,857 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $9,857 | ExcessDistriCyovToNextYrAmt |
| Excess From Year2 | $8,483 | ExcessFromYear2Amt |
| Excess From Year1 | $1,374 | ExcessFromYear1Amt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (11 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| DIABETES RESEARCH INSTITUTE FOUNDATION | |||||||
| 200 S PARK ROAD | HOLLYWOOD | FL | 33021 | NONE | 501(C)(3) | GENERAL PURPOSES | $100,000 |
| LINCOLN HERITAGE COUNCIL (BSA) | |||||||
| 12001 SYCAMORE STATION PL | LOUISVILLE | KY | 40299 | NONE | 501(C)(3) | GENERAL PURPOSES | $16,500 |
| MAIN STREET YOUTH CENTER | |||||||
| 513 SOUTH 4TH STREET | MURRAY | KY | 42071 | NONE | 501(C)(3) | GENERAL PURPOSES | $1,500 |
| MURRAY STATE UNIVERSITY FOUNDATION | |||||||
| 200 HERITAGE HALL | MURRAY | KY | 42071 | NONE | 501(C)(3) | GENERAL PURPOSES | $400 |
| BOCA GRANDE HEALTH CLINIC FOUNDATION | |||||||
| 280 PARK AVENUE | BOCA GRANDE | FL | 339212340 | NONE | 501(C)(3) | GENERAL PURPOSES | $250 |
| WKMS | |||||||
| 200 HERITAGE HALL | MURRAY | KY | 42071 | NONE | 501(C)(3) | GENERAL PURPOSES | $1,500 |
| THE WAY OF WELLNESS | |||||||
| 144 WAGON LANE | MAYFIELD | KY | 42066 | NONE | 501(C)(3) | GENERAL PURPOSES | $1,500 |
| FIRST UNITED METHODIST CHURCH | |||||||
| 503 MAPLE STREET | MURRAY | KY | 42071 | NONE | 501(C)(3) | GENERAL PURPOSES | $3,250 |
| MURRAY STATE UNIVERSITY ATHLETICS | |||||||
| 200 HERITAGE HALL | MURRAY | KY | 42071 | NONE | 501(C)(3) | GENERAL PURPOSES | $2,800 |
| MISD FOUNDATION FOR EXCELLENCE | |||||||
| PO BOX 1417 | MURRAY | KY | 42071 | NONE | 501(C)(3) | GENERAL PURPOSES | $5,000 |
| BOWLING GREEN INDEPENDENT SCHOOL DISTRICT FOUNDATION | |||||||
| 1211 CENTER STREET | BOWLING GREEN | KY | 42101 | NONE | 501(C)(3) | GENERAL PURPOSES | $200 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $132,900 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $29,693 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $80,792 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $364 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $10,437 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | KKR & CO | Desc |
| Business | 211110 | BusinessCd |
| Unrelated Business Taxbl Incm | $48 | UnrelatedBusinessTaxblIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $48 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $121,286 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $121,334 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | 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 |
|---|---|---|---|---|---|---|
| KELLY W DORAN CLAT | ||||||
| 1 | 1121 STATE ROUTE 94 WEST | MURRAY | KY | 42071 | $200,000 | Yes (X) |
| HAROLD G DORAN JR | ||||||
| 2 | 1121 STATE RT 94 WEST | MURRAY | KY | 42071 | $60,000 | Yes (X) |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $1,550 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $1,550 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | EXPLANATION OF PRIOR PERIOD ADJUSTMENT | IdentifierTxt |
| Form And Line Reference | 990PF, PART III, LINE 5 | FormAndLineReferenceDesc |
| Medium Explanation | PRIOR TO 2007, DONORS TO THE FOUNDATION BOUGHT SHARES IN CORNING, INC. DURING A PERIOD OF BAD NEWS FOR THE COMPANY. IN 2007, AFTER THE SHARES HAD APPRECIATED SIGNIFICANTLY, THE SHARES WERE CONTRIBUTED TO THE FOUNDATION. THE FOUNDATION'S ACCOUNTANT AT THE TIME RECORDED THE CONTRIBUTION ON THE FOUNDATION BOOKS AT THE THEN CURRENT FAIR VALUE. THE SHARES WERE QUICKLY SOLD BY THE FOUNDATION. A GAIN ON THE SALE WAS INCORRECTLY REPORTED ON THE FOUNDATION 990, PRESUMABLY TO MATCH A 1099B THE FOUNDATION RECEIVED REPORTING THE SALES PROCEEDS. THUS, THE ACCOUNTANT AT THAT TIME FORCED THE 990 AND 1099B SALES INFORMATION, RESULTING IN THE STOCK APPRECIATION BEING RECORDED TWICE ON THE 990 BALANCE SHEET. THE CURRENT YEAR'S PRIOR PERIOD ADJUSTMENT IS TO CORRECT THE BASIS IN THE CORPORATION'S ASSETS TO EQUAL THE COST BASIS INFORMATION IN THE FOUNDATION'S INVESTMENT ACCOUNTS. | MediumExplanationTxt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | SUNTRUST INVESTMENTS | BondNm |
| EOY Book Value | $1,214,511 | EOYBookValueAmt |
| EOYFMV | $1,249,010 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| SCOTTRADE INVESTMENTS | $1,578,984 | $1,707,325 |
| INVESTORS HERITAGE CAPITAL CORP | $24,332 | $24,332 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PRIOR PERIOD ADJUSTMENT - SEE FOOTNOTE | Desc |
| Amt | $795,009 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| BANK FEES | $25 | $25 | $0 | $0 |
| SUPPLIES | $1,775 | $1,775 | $0 | $0 |
| UTILITIES | $898 | $0 | $898 | $0 |
| REPAIRS | $5,556 | $0 | $5,556 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| KKR & CO | $53 | $53 | $53 |
| KKR & CO | $311 | $311 | $311 |
| KKR & CO | $48 | $48 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| SCOTTRADE NON-TAXABLE DISTRIBUTIONS | $93 |
| KKR & CO TAX EXEMPT INCOME | $19 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| TAXES - FOREIGN | $77 | $0 | $77 | $0 |
| TAXES - FEDERAL | $1,252 | $0 | $0 | $0 |
| TAXES - PAYROLL | $4,054 | $0 | $4,054 | $0 |
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