MERWIN FOUNDATION INC: Form 990PF, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- MERWIN FOUNDATION INC (EIN 62-1785447)
- Tax period
- 2016-01-01 to 2016-12-31
- Filed
- 2017-04-07
- IRS object ID
- 201700969349100420
- 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 ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2017-04-07T01:54:06+00:00 | ReturnTs |
| Tax Period End | 2016-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 463401010 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | YOUNG & PROCTOR LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 49 MUSIC SQ W STE 205 | AddressLine1Txt |
| City | NASHVILLE | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 372033245 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2016-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 621785447 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE MERWIN FOUNDATION INC | BusinessNameLine1Txt |
| Business Name Line2 | C/O LISA MERWIN | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MERW | BusinessNameControlTxt |
| Phone | 6155298200 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 150 HUNTERS LANE | AddressLine1Txt |
| City | HENDERSONVILLE | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 37075 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | LISA MERWIN | PersonNm |
| Person Title | BOARD MEMBER | PersonTitleTxt |
| Phone | 6155298200 | PhoneNum |
| Signature | 2017-03-31 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | OTTO KARL JAHRLING CPA | PreparerPersonNm |
| PTIN | P00082319 | PTIN |
| Phone | 6153213303 | PhoneNum |
| Preparation | 2017-03-30 | PreparationDt |
Filing Security Information FilingSecurityInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| At Submission Creation Device Id | 486E8BCF2E8AE74E29B797577F9F86133194B9DF | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 486E8BCF2E8AE74E29B797577F9F86133194B9DF | 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 | $14,616 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Total Rev And Expnss | $0 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $0 | TotalNetInvstIncmAmt |
| Tot Opr Expenses Rev And Expnss | $0 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $0 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $2,300 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $2,300 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $2,300 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $0 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $2,300 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$2,300 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $4,812 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $2,514 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $2,514 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $4,734 | CorporateStockBOYAmt |
| Corporate Stock EOY | $4,732 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $12,102 | CorporateStockEOYFMVAmt |
| Total Assets BOY | $9,546 | TotalAssetsBOYAmt |
| Total Assets EOY | $7,246 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $14,616 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
| Unrestricted BOY | $9,546 | UnrestrictedBOYAmt |
| Unrestricted EOY | $7,246 | UnrestrictedEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $9,546 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $7,246 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $9,546 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $7,246 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $9,546 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$2,300 | ExcessRevenueOverExpensesAmt |
| Subtotal | $7,246 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $7,246 | TotNetAstOrFundBalancesEOYAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $22,500 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $20,249 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 1.111166 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $5,000 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $22,543 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.221798 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $2,850 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $34,639 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.082277 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $2,000 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $22,255 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.089867 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $1,000 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $27,494 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.036372 | DistributionYr5Rt |
| Total Distribution | 1.541480 | TotalDistributionRt |
| Average Distribution | 0.308296 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $16,279 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $5,019 | AdjNetVlNoncharitableAssetsAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $5,019 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $2,300 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $0 | InvestmentIncomeExciseTaxAmt |
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 |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | LISA MERWIN | IndividualWithBooksNm |
| Phone | 6152266200 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 150 HUNTERS LANE | AddressLine1Txt |
| City | HENDERSONVILLE | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 37075 | 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 | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| 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 |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | 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 |
|---|---|---|---|---|---|---|---|---|
| LISA MERWIN | ||||||||
| 150 HUNTERS LANE | HENDERSONVILLE | TN | 37075 | BOARD MEMBER | 000.00 | $0 | $0 | $0 |
| FELL MERWIN | ||||||||
| 150 HUNTER LANE | HENDERSONVILLE | TN | 37075 | BOARD MEMBER | 000.00 | $0 | $0 | $0 |
| TIMOTHY TAKAS | ||||||||
| 201 WALTON FERRY RD | HENDERSONVILLE | TN | 37075 | BOARD MEMBER | 000.00 | $0 | $0 | $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 |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $12,156 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $4,371 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $16,527 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $16,527 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $248 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $16,279 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $814 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $814 | MinimumInvestmentReturnAmt |
| Distributable Before Adj | $814 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $814 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $814 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $2,300 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $2,300 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $2,300 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $814 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr1 | $21,488 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $21,488 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $2,300 | QualifyingDistributionsAmt |
| Applied To Current Year | $814 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $1,486 | RemainingDistriFromCorpusAmt |
| Total Corpus | $22,974 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $22,974 | ExcessDistriCyovToNextYrAmt |
| Excess From Year1 | $21,488 | ExcessFromYear1Amt |
| Excess From Current Year | $1,486 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (3 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | Address Line2RecipientUSAddress/AddressLine2Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Business Name Line2RecipientBusinessName/BusinessNameLine2Txt |
|---|---|---|---|---|---|---|---|---|---|
| HENDERSONVILLE CHAMBER FOUNDATION | |||||||||
| 100 COUNTRY CLUB DR | SUITE 104 | HENDERSONVILLE | TN | 370754025 | NONE | 509(A)(2) | COMMUNITY PROMOTION ACTIVITES | $300 | |
| CHILDREN ARE PEOPLE | |||||||||
| 117 E WINCHESER STREET | GALLATIN | TN | 37066 | NONE | 501(C)3 | CONTRIBUTION | $1,000 | ||
| FRIENDS OF THE ARTS AND LITERATURE | |||||||||
| PO BOX 364 | HENDERSONVILLE | TN | 370770364 | NONE | 509(A)(2) | PROMOTION OF ARTS IN SCHOOLS & AREA | $1,000 | IN SUMNER INC | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $2,300 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
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 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | STOCKS | StockNm |
| EOY Book Value | $4,732 | EOYBookValueAmt |
| EOYFMV | $12,102 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc |
|---|
| EXPENSES |
| TAXES FEDERAL |
Comments