YOUNG FAMILY FOUNDATION INC: Form 990PF, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- YOUNG FAMILY FOUNDATION INC (EIN 46-5629306)
- Tax period
- 2016-07-01 to 2017-06-30
- Filed
- 2018-01-09
- IRS object ID
- 201840099349100704
- Schema version
- 2016v3.0
- 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
- Form 990-PF
- Schedule B
- Accounting Fees Schedule
- Depreciation Schedule
- Investments Other Schedule2
- Land Etc Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2018-01-09T13:04:37-06:00 | ReturnTs |
| Tax Period End | 2017-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 271235638 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MOUNTJOY CHILTON MEDLEY LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 462 S FOURTH ST SUITE 2600 | AddressLine1Txt |
| City | LOUISVILLE | CityNm |
| State Abbreviation | KY | StateAbbreviationCd |
| ZIP | 402023445 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2016-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 465629306 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | YOUNG FAMILY FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | YOUN | BusinessNameControlTxt |
| Phone | 5022250764 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 547 | AddressLine1Txt |
| City | GOSHEN | CityNm |
| State Abbreviation | KY | StateAbbreviationCd |
| ZIP | 400260547 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | HELEN HEDDENS | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 5022250764 | PhoneNum |
| Signature | 2017-12-11 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | VICTORIA D BUSTER CPA | PreparerPersonNm |
| PTIN | P00024054 | PTIN |
| Phone | 5027491900 | PhoneNum |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 128.136.148.166 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2017-12-11 | IPDt |
| IP Tm | 08:47:59 | IPTm |
| IP Timezone | ES | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 60A73C7203CE073BB5B7AB9359497EB3666953DB | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | F0FADF476C4CB6554E11CFAB3CCDE12FF85F348F | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2016 | TaxYr |
| Build TS | 2021-01-29 14:40:06Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $6,270,054 | 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 | $505,070 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $99,537 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $99,537 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $99,537 | DividendsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $1,327 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $760,485 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $1,327 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $0 | NetSTCapitalGainAdjNetIncmAmt |
| Other Income Rev And Expnss | $20,577 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $1,146 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $20,577 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $626,511 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $102,010 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $120,114 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $0 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $54,000 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $1,200 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Adj Net Incm | $1,200 | OthEmplSlrsWgsAdjNetIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $51,600 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $5,025 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $2,513 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $2,512 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $1,774 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $887 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $887 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $14,796 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $14,503 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $0 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $293 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $5,178 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $94 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $94 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $4,098 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $46,621 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $0 | DeprecAndDpltnNetInvstIncmAmt |
| Deprec And Dpltn Adj Net Incm | $46,621 | DeprecAndDpltnAdjNetIncmAmt |
| Printing And Pub Rev And Expnss | $2,167 | PrintingAndPubRevAndExpnssAmt |
| Printing And Pub Net Invst Incm | $0 | PrintingAndPubNetInvstIncmAmt |
| Printing And Pub Adj Net Incm | $0 | PrintingAndPubAdjNetIncmAmt |
| Printing And Pub Dsbrs Chrtbl | $2,167 | PrintingAndPubDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $35,523 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $1,697 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $33,826 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $165,084 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $19,197 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $49,612 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $95,383 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $75 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $75 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $165,159 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $19,197 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $49,612 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $95,458 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $461,352 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $82,813 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $70,502 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $276,088 | CashBOYAmt |
| Cash EOY | $189,658 | CashEOYAmt |
| Cash EOYFMV | $189,658 | CashEOYFMVAmt |
| Prepaid Expenses BOY | $5,482 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $6,240 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $6,240 | PrepaidExpensesEOYFMVAmt |
| Other Investments BOY | $2,957,323 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $3,526,892 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $3,557,642 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $2,599,393 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $93,242 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $2,528,696 | LandBOYAmt |
| Land EOY | $2,506,151 | LandEOYAmt |
| Land EOYFMV | $2,506,151 | LandEOYFMVAmt |
| Other Assets BOY | $10,363 | OtherAssetsBOYAmt |
| Other Assets EOY | $10,363 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $10,363 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $5,777,952 | TotalAssetsBOYAmt |
| Total Assets EOY | $6,239,304 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $6,270,054 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $5,777,952 | RetainedEarningBOYAmt |
| Retained Earning EOY | $6,239,304 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $5,777,952 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $6,239,304 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $5,777,952 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $6,239,304 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $5,777,952 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $461,352 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $6,239,304 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $6,239,304 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES | $755,354 | $759,158 | -$3,804 | -$3,804 | |
| CAPITAL GAINS DIVIDENDS | $5,131 | $5,131 | $5,131 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $1,327 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $0 | NetShortTermCapitalGainLossAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $131,771 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $2,268,842 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.058079 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $21,421 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $1,334,664 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.016050 | DistributionYr2Rt |
| Total Distribution | 0.074129 | TotalDistributionRt |
| Average Distribution | 0.037065 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $3,181,457 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $117,921 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $828 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $118,749 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $119,535 | 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 | $828 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $828 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $828 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $1,589 | EstimatedPlusOvpmtIncmTxAmt |
| Applied To Es Tax | $525 | AppliedToEsTaxAmt |
| Total Payments And Credits | $2,114 | TotalPaymentsAndCreditsAmt |
| Overpayment | $1,286 | OverpaymentAmt |
| Applied To ES Tax | $1,286 | 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 |
| Org Report Or Register State | KY | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | Yes (1) | 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 | HELEN HEDDENS | IndividualWithBooksNm |
| Phone | 5022250764 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7101 SHRADER LANE | AddressLine1Txt |
| City | LAGRANGE | CityNm |
| State Abbreviation | KY | StateAbbreviationCd |
| ZIP | 40031 | 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 (4 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 |
|---|---|---|---|---|---|---|---|---|
| HELEN HEDDENS | ||||||||
| 7101 SHRADER LANE | LAGRANGE | KY | 40031 | PRESIDENT | 10.00 | $0 | $0 | $0 |
| RHONDA SCHLADAND | ||||||||
| 7101 SHRADER LANE | LAGRANGE | KY | 40031 | TREASURER | 5.00 | $0 | $0 | $0 |
| JOYCE CRUM | ||||||||
| 7101 SHRADER LANE | LAGRANGE | KY | 40031 | SECRETARY | 5.00 | $0 | $0 | $0 |
| LAURA WARREN | ||||||||
| 7101 SHRADER LANE | LAGRANGE | KY | 40031 | VICE PRESIDENT | 5.00 | $0 | $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 |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | YOUNG FAMILY FOUNDATION, INC. OWNS AND OPERATES A CENTER IN LAGRANGE, KENTUCKY THAT FACILITATES COMPLEMENTARY, ALTERNATIVE AND INTEGRATIVE APPROACHES TO HEALING AND MAKES THE CENTER AVAILABLE TO INDIVIDUALS AND NONPROFIT 501(C)(3) ORGANIZATIONS WHO ARE ENGAGED IN AND SUPPORT COMPLEMENTARY ALTERNATIVE AND INTEGRATIVE APPROACHES TO HEALING. | Description1Txt |
| Expenses1 | $95,458 | Expenses1Amt |
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 | $2,972,281 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $257,625 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $3,229,906 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $3,229,906 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $48,449 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $3,181,457 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $159,073 | 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 | $95,458 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $24,077 | CharitableAssetsAcquisPaidAmt |
| Qualifying Distributions | $119,535 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $828 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $118,707 | AdjustedQualifyingDistriAmt |
Private Operating Foundations PrivateOperatingFoundationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Section4942j3 | Yes (X) | Section4942j3Ind |
Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $70,502 | CurrentYearAmt |
| Year1 | $47,921 | Year1Amt |
| Year2 | $32,553 | Year2Amt |
| Year3 | $0 | Year3Amt |
| Total | $150,976 | TotalAmt |
Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $59,927 | CurrentYearAmt |
| Year1 | $40,733 | Year1Amt |
| Year2 | $27,670 | Year2Amt |
| Year3 | $0 | Year3Amt |
| Total | $128,330 | TotalAmt |
Qualifying Distributions QualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $119,535 | CurrentYearAmt |
| Year1 | $131,771 | Year1Amt |
| Year2 | $21,421 | Year2Amt |
| Year3 | $0 | Year3Amt |
| Total | $272,727 | TotalAmt |
Qualifying Distri Not Used Drt QualifyingDistriNotUsedDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $0 | CurrentYearAmt |
| Year1 | $0 | Year1Amt |
| Year2 | $0 | Year2Amt |
| Year3 | $0 | Year3Amt |
| Total | $0 | TotalAmt |
Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $119,535 | CurrentYearAmt |
| Year1 | $131,771 | Year1Amt |
| Year2 | $21,421 | Year2Amt |
| Year3 | $0 | Year3Amt |
| Total | $272,727 | TotalAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total Assets Sect4942j3 Bi TotalAssetsSect4942j3BiGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $106,049 | CurrentYearAmt |
| Year1 | $75,628 | Year1Amt |
| Year2 | $44,489 | Year2Amt |
| Year3 | $0 | Year3Amt |
| Total | $226,166 | TotalAmt |
Total Support TotalSupportGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Public Support Type PublicSupportType
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Largest Support From EO LargestSupportFromEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Gross Investment Income GrossInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DS EDUCATION FOUNDATION INC | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5001 STONY BROOK DR | AddressLine1Txt |
| City | LOUISVILLE | CityNm |
| State Abbreviation | KY | StateAbbreviationCd |
| ZIP | 40291 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Foundation Status | E86 PATIENT SERVICES | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | TO PROVIDE SUPPORT TO AN ORGANIZATION THAT PROVIDES FUNDING FOR LIFE-LONG EDUCATION PROGRAMS FOR INDIVIDUALS WITH DOWN SYNDROME DIRECTED BY DOWN SYNDROME OF LOUISVILLE, INC. THE FOUNDATION ALSO PROVIDES THE FACILITY TO CONDUCT THE PROGRAMS. | GrantOrContributionPurposeTxt |
| Amt | $75 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $75 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Program Service Rev Part VII ProgramServiceRevPartVIIGrp (3 entries)
| DescDesc | Related Or Exempt Function IncmRelatedOrExemptFunctionIncmAmt |
|---|---|
| FACILITY USE FEE | $15,390 |
| OTHER INCOME | $4,041 |
| CASH RECEIVED FROM MERGER | $1,146 |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $99,537 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $1,327 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $100,864 | ExclusionAmt |
| Related Or Exempt Function Incm | $20,577 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $121,441 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp (2 entries)
| Line NumberLineNumberTxt | Relationship StatementRelationshipStatementTxt |
|---|---|
| 1A | THE FACILITY USE FEE IS A BELOW FAIR MARKET VALUE FEE CHARGED |
| 1A | TO INDIVIDUALS AND NON-PROFITS THAT SUPPORT COMPLIMENTARY, ALTERNATIVE AND INTEGRATVIE APPORACHES TO HEALING. ALL RENTERS ARE VETTED BY THE BOARD USING A SPECIFIC SET OF CRITERIA. |
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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ESTATE OF VALERIE YOUNG CO MARY L PIANTEK | BusinessNameLine1Txt |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 EAST OHIO ST IN1-0175 FLOOR 17 | AddressLine1Txt |
| City | INDIANAPOLIS | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46277 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $505,065 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
| Noncash Contribution | Yes (X) | NoncashContributionInd |
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Noncash Property | INVESTMENT SECURITIES. | NoncashPropertyDesc |
| Fair Market Value | $295,357 | FairMarketValueAmt |
| Received | 2017-06-14 | ReceivedDt |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $1,774 | Amt |
| Net Investment Income | $887 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $887 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (23 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Prior Year DepreciationPriorYearDepreciationAmt | Computation MethodComputationMethodTxt | LifeLifeRt | Current Year ExpenseCurrentYearExpenseAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | RtRt |
|---|---|---|---|---|---|---|---|---|---|
| BUILDING | 2015-07-01 | $1,818,214 | $46,621 | SL | 39.000000000000 | $46,621 | $0 | $46,621 | |
| DOOR & WINDOW IMPROVEMENT | 2015-09-17 | $6,590 | NC | 39.000000000000 | $0 | $0 | $0 | ||
| LAZYBOY SLEEPERS | 2015-07-03 | $21,173 | NC | 7.000000000000 | $0 | $0 | $0 | ||
| 6' DINING ROOM TABLE | 2015-08-04 | $715 | NC | 7.000000000000 | $0 | $0 | $0 | ||
| 6' DINING ROOM TABLE | 2015-08-04 | $715 | NC | 7.000000000000 | $0 | $0 | $0 | ||
| 6' BENCH | 2015-08-04 | $752 | NC | 7.000000000000 | $0 | $0 | $0 | ||
| LAND IMPROVEMENTS | 2015-07-13 | $1,578 | NC | 20.000000000000 | $0 | $0 | $0 | ||
| LAND IMPROVEMENTS | 2015-09-17 | $8,873 | NC | 20.000000000000 | $0 | $0 | $0 | ||
| LAND IMPROVEMENTS | 2015-12-17 | $7,960 | NC | 20.000000000000 | $0 | $0 | $0 | ||
| LAND | 2015-07-01 | $688,786 | L | $0 | $0 | $0 | |||
| DEMOLITION AND LAND IMPROVEMENTS | 2016-02-02 | $3,250 | NC | $0 | $0 | $0 | 0.000000000000 | ||
| LAND IMPROVEMENTS | 2016-03-16 | $2,630 | NC | $0 | $0 | $0 | 0.000000000000 | ||
| PARKING LOT | 2016-03-22 | $6,820 | NC | $0 | $0 | $0 | 0.000000000000 | ||
| TELEVISION | 2015-06-21 | $600 | NC | $0 | $0 | $0 | 0.000000000000 | ||
| LAND IMPROVEMENTS | 2015-06-12 | $2,100 | NC | $0 | $0 | $0 | 0.000000000000 | ||
| 5 WIREPATH WPS-365 CAMERAS | 2015-01-19 | $3,026 | NC | $0 | $0 | $0 | 0.000000000000 | ||
| WIREPATH WPS-100 8 CHANNEL | 2015-01-19 | $1,535 | NC | $0 | $0 | $0 | 0.000000000000 | ||
| BUILDING IMPROVEMENT - GUTTER | 2017-05-22 | $5,229 | NC | $0 | $0 | $0 | 0.000000000000 | ||
| EQUIPMENT - LAPTOP COMPUTER | 2017-06-22 | $1,999 | NC | $0 | $0 | $0 | 0.000000000000 | ||
| F&F - FIREPROOF FILE CABINET | 2016-07-11 | $2,000 | NC | $0 | $0 | $0 | 0.000000000000 | ||
| F&F - DESK | 2016-10-24 | $596 | NC | $0 | $0 | $0 | 0.000000000000 | ||
| LAND IMPROVEMENTS | 2016-07-07 | $5,497 | NC | $0 | $0 | $0 | 0.000000000000 | ||
| LAND IMPROVEMENTS | 2016-09-22 | $8,755 | NC | $0 | $0 | $0 | 0.000000000000 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | LPL INVESTMENT ACCT | CategoryOrItemTxt |
| Listed At Cost Or FMV | AT COST | ListedAtCostOrFMVCd |
| Book Value | $3,526,892 | BookValueAmt |
| EOYFMV | $3,557,642 | EOYFMVAmt |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (23 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt |
|---|---|---|---|
| BUILDING | $1,818,214 | $93,242 | $1,724,972 |
| DOOR & WINDOW IMPROVEMENT | $6,590 | $0 | $6,590 |
| LAZYBOY SLEEPERS | $21,173 | $0 | $21,173 |
| 6' DINING ROOM TABLE | $715 | $0 | $715 |
| 6' DINING ROOM TABLE | $715 | $0 | $715 |
| 6' BENCH | $752 | $0 | $752 |
| LAND IMPROVEMENTS | $1,578 | $0 | $1,578 |
| LAND IMPROVEMENTS | $8,873 | $0 | $8,873 |
| LAND IMPROVEMENTS | $7,960 | $0 | $7,960 |
| LAND | $688,786 | $0 | $688,786 |
| DEMOLITION AND LAND IMPROVEMENTS | $3,250 | $0 | $3,250 |
| LAND IMPROVEMENTS | $2,630 | $0 | $2,630 |
| PARKING LOT | $6,820 | $0 | $6,820 |
| TELEVISION | $600 | $0 | $600 |
| LAND IMPROVEMENTS | $2,100 | $0 | $2,100 |
| 5 WIREPATH WPS-365 CAMERAS | $3,026 | $0 | $3,026 |
| WIREPATH WPS-100 8 CHANNEL | $1,535 | $0 | $1,535 |
| BUILDING IMPROVEMENT - GUTTER | $5,229 | $0 | $5,229 |
| EQUIPMENT - LAPTOP COMPUTER | $1,999 | $0 | $1,999 |
| F&F - FIREPROOF FILE CABINET | $2,000 | $0 | $2,000 |
| F&F - DESK | $596 | $0 | $596 |
| LAND IMPROVEMENTS | $5,497 | $0 | $5,497 |
| LAND IMPROVEMENTS | $8,755 | $0 | $8,755 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $5,025 | LegalFeesAmt |
| Net Investment Income | $2,513 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $2,512 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | COLLECTIBLES-ART, ANTIQUES, SILVER, ETC. | Desc |
| BOY Book Value | $10,363 | BOYBookValueAmt |
| EOY Book Value | $10,363 | EOYBookValueAmt |
| EOYFMV | $10,363 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (11 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| OFFICE EXPENSES | $1,940 | $0 | $192 | $1,748 |
| INFORMATION TECHNOLOGY | $574 | $0 | $0 | $574 |
| INSURANCE | $7,746 | $0 | $387 | $7,359 |
| DUES AND SUBSCRIPTIONS | $398 | $0 | $20 | $378 |
| PROGRAM EXPENSES | $475 | $0 | $23 | $452 |
| CATERING | $423 | $0 | $21 | $402 |
| REPAIRS AND MAINTENANCE | $13,808 | $0 | $690 | $13,118 |
| UTILITIES | $7,315 | $0 | $364 | $6,951 |
| SUPPLIES | $1,766 | $0 | $0 | $1,766 |
| WORKER'S COMPENSATION | $572 | $0 | $0 | $572 |
| PAYROLL FEES | $506 | $0 | $0 | $506 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| FACILITY USE FEE | $15,390 | $15,390 | |
| OTHER INCOME | $4,041 | $4,041 | |
| CASH RECEIVED FROM MERGER | $1,146 | $1,146 | $1,146 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| PROGRAM MANAGER FEES | $0 | $0 | $0 | $0 |
| CONSULTING FEES | $293 | $0 | $0 | $293 |
| FINANCIAL ADVISOR FEE | $14,503 | $14,503 | $0 | $0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| TAXES AND LICENSES | $45 | $0 | $0 | $45 |
| EXCISE TAX | $891 | $0 | $0 | $0 |
| PAYROLL TAXES | $4,242 | $94 | $94 | $4,053 |
Comments