WARNER FOUNDATION INC: Form 990PF, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- WARNER FOUNDATION INC (EIN 26-3311211)
- Tax period
- 2016-01-01 to 2016-12-31
- Filed
- 2017-08-30
- IRS object ID
- 201732429349100723
- 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
- All Oth Prog Rltd Investments Sch
- Expln Of Non Filing With AG Stmt
- General Explanation Attachment
- Investments Corp Stock Schedule
- Legal Fees Schedule
- Other Expenses Schedule
- Other Increases Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2017-08-30T16:29:14-05:00 | ReturnTs |
| Tax Period End | 2016-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 630933119 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JAMISON MONEY FARMER PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 2347 | AddressLine1Txt |
| City | TUSCALOOSA | CityNm |
| State Abbreviation | AL | StateAbbreviationCd |
| ZIP | 35403 | 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 | 263311211 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WARNER FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | WARN | BusinessNameControlTxt |
| Phone | 2052488331 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2705 BATTLEMENT DRIVE | AddressLine1Txt |
| City | TUSCALOOSA | CityNm |
| State Abbreviation | AL | StateAbbreviationCd |
| ZIP | 35406 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JERRY D PHILLIPS II | PersonNm |
| Person Title | TREASURER | PersonTitleTxt |
| Phone | 2052488331 | PhoneNum |
| Signature | 2017-08-18 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ROBERT T BURNS JR | PreparerPersonNm |
| PTIN | P00385342 | PTIN |
| Phone | 2053458440 | PhoneNum |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 12.31.28.110 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2017-08-30 | IPDt |
| IP Tm | 07:10:18 | IPTm |
| IP Timezone | CD | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 84F69DD54AB06BE5C34F68DA5CB35ACFBE3F9A1C | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 715E2E90FB6FF67D6E781A37936B360A3F37D17D | 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 | $5,850,293 | 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 | $250,000 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $42,773 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $42,773 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $27,375 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $27,375 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $5,399 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $237,171 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $5,399 | CapGainNetIncmNetInvstIncmAmt |
| Gross Sales Less Ret And Allwnc | $327 | GrossSalesLessRetAndAllwncAmt |
| Gross Profit Rev And Expnss | $327 | GrossProfitRevAndExpnssAmt |
| Gross Profit Adj Net Incm | $327 | GrossProfitAdjNetIncmAmt |
| Total Rev And Expnss | $325,874 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $75,547 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $327 | 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 |
| Legal Fees Rev And Expnss | $18,000 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $71 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $17,929 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $4,639 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $19 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $4,620 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $69,327 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $18,827 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $199 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $50,301 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $315 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $2 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $313 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $9,611 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $38 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $9,573 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $101,892 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $18,827 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $329 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $82,736 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $0 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $0 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $101,892 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $18,827 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $329 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $82,736 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $223,982 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $56,720 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $384,115 | CashBOYAmt |
| Cash EOY | $552,001 | CashEOYAmt |
| Cash EOYFMV | $552,001 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $29,536 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $59,983 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $59,983 | SavAndTempCashInvstEOYFMVAmt |
| Inventories BOY | $48,420 | InventoriesBOYAmt |
| Inventories EOY | $48,420 | InventoriesEOYAmt |
| Corporate Stock BOY | $1,997,655 | CorporateStockBOYAmt |
| Corporate Stock EOY | $5,251,506 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $5,238,309 | CorporateStockEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $15,057 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $15,057 | LandBldgEquipAccumDeprecAmt |
| Total Assets BOY | $2,459,726 | TotalAssetsBOYAmt |
| Total Assets EOY | $5,911,910 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $5,850,293 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $0 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $102 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $102 | TotalLiabilitiesEOYAmt |
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
| Unrestricted BOY | $2,459,726 | UnrestrictedBOYAmt |
| Unrestricted EOY | $5,911,808 | UnrestrictedEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $2,459,726 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $5,911,808 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $2,459,726 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $5,911,910 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $2,459,726 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $223,982 | ExcessRevenueOverExpensesAmt |
| Other Increases | $3,228,100 | OtherIncreasesAmt |
| Subtotal | $5,911,808 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $5,911,808 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (4 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| MORGAN STANLEY LONG TERM | P | 2015-07-30 | 2016-11-03 | $108,693 | $107,008 | $1,685 | $1,685 |
| MORGAN STANLEY SHORT TERM | P | 2015-08-03 | 2016-01-12 | $119,986 | $124,764 | -$4,778 | -$4,778 |
| FIDELITY LONG TERM | P | $7,196 | $7,196 | $7,196 | |||
| FIDELITY SHORT TERM | P | $1,296 | $1,296 | $1,296 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $5,399 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $129,810 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $1,983,731 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.065437 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $92,355 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $2,307,728 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.040020 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $3,455,556 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $3,912,221 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.883272 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $2,159,450 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $6,176,966 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.349597 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $991,990 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $7,114,577 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.139431 | DistributionYr5Rt |
| Total Distribution | 1.477757 | TotalDistributionRt |
| Average Distribution | 0.295551 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $4,120,265 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $1,217,748 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $567 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $1,218,315 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $82,736 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $1,134 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $1,134 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $1,134 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $2,513 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $2,513 | TotalPaymentsAndCreditsAmt |
| Overpayment | $1,379 | OverpaymentAmt |
| Applied To ES Tax | $1,379 | 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 | 0 | 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 | WARNERFOUNDATION.ORG | WebsiteAddressTxt |
| Individual With Books | ROBERT T BURNS JR | IndividualWithBooksNm |
| Phone | 2053458440 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2200 JACK WARNER PARKWAY STE 300 | AddressLine1Txt |
| City | TUSCALOOSA | CityNm |
| State Abbreviation | AL | StateAbbreviationCd |
| ZIP | 35401 | 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 (6 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 |
|---|---|---|---|---|---|---|---|---|
| JONATHAN W WARNER | ||||||||
| 2705 BATTLEMENT DRIVE NORTHEAST | TUSCALOOSA | AL | 35406 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| SUSAN G AUSTIN | ||||||||
| 2705 BATTLEMENT DRIVE NORTHEAST | TUSCALOOSA | AL | 35406 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| JANET DILL | ||||||||
| 9155 ENTERPRISE AVENEUE NORTHEAST | TUSCALOOSA | AL | 35406 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| VAUGHAN MORRISSETTE | ||||||||
| 3 TAYLOR PLACE | MOBILE | AL | 36608 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| JERRY PHILLIPS | ||||||||
| 4318 BOULDER LAKE CIRCLE | VESTAVIA | AL | 35242 | TREASURER | 1.00 | $0 | $0 | $0 |
| JOYCE ALLEN | ||||||||
| 4636 PEACHTREE LN | TUSCALOOSA | AL | 35405 | DIRECTOR | 1.00 | $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 |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| All Other Program Rltd Invst Tot | $0 | AllOtherProgramRltdInvstTotAmt |
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $2,641,059 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,493,531 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $48,420 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $4,183,010 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $4,183,010 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $62,745 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $4,120,265 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $206,013 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $206,013 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $1,134 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $1,134 | TotalTaxAmt |
| Distributable Before Adj | $204,879 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $204,879 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $204,879 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $82,736 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $82,736 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $82,736 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $204,879 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $263,910 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $1,853,336 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $3,263,655 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr1 | $30,875 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $5,411,776 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $82,736 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $82,736 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $122,143 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $122,143 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $5,289,633 | 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 | $141,767 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $5,147,866 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $1,853,336 | ExcessFromYear4Amt |
| Excess From Year3 | $3,263,655 | ExcessFromYear3Amt |
| Excess From Year1 | $30,875 | ExcessFromYear1Amt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
| Total Grant Or Contri Pd Dur Yr | $0 | 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 | $42,773 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $27,375 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $5,399 | ExclusionAmt |
Gross Profit Loss Sls Of Invntry GrossProfitLossSlsOfInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 453220 | BusinessCd |
| Unrelated Business Taxbl Incm | $327 | UnrelatedBusinessTaxblIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $327 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $75,547 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $75,874 | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WARNER IRR TRUST FOR DAVID WARNER | BusinessNameLine1Txt |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2200 JACK WARNER PKWY NE STE 300 | AddressLine1Txt |
| City | TUSCALOOSA | CityNm |
| State Abbreviation | AL | StateAbbreviationCd |
| ZIP | 35401 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $250,000 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING | CategoryTxt |
| Amt | $4,639 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $19 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $4,620 | DisbursementsCharitablePrpsAmt |
All Oth Prog Rltd Investments Sch AllOthProgRltdInvestmentsSch
All Other Program Related Invst AllOtherProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | NONE | Desc |
| Amt | $0 | Amt |
Expln Of Non Filing With AG Stmt ExplnOfNonFilingWithAGStmt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | ATTORNEY GENERAL FOR ALABAMA DOES NOT ACCEPT 990PF FILINGS | ExplanationTxt |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART III, LINE 3, OTHER INCREASES IN NET ASSETS | FormAndLineReferenceDesc |
| Medium Explanation | IN ACCORDANCE WITH SFAS 116 (ASC 958-360-25) NFP GAAP ACCOUNTING, THE ART COLLECTION IS NOT CAPITALIZED. THEREFORE PROCEEDS FROM THE SALE OF A COLLECTION ITEM IS NOT RECOGNIZED IN REVENUES, EXPENSES, GAINS, OR LOSS, BUT IS RECOGNIZED AS AN INCREASE IN NET ASSETS. DURING 2016, THE FOUNDATION HAD $3,228,100 OF PROCEEDS FROM SALES OF ART COLLECTIONS. | MediumExplanationTxt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| MORGAN STANLEY | $1,987,539 | $1,995,304 |
| FIDELITY | $3,263,967 | $3,243,005 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL | CategoryTxt |
| Legal Fees | $18,000 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $71 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $17,929 | DisbursementsCharitablePrpsAmt |
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 |
|---|---|---|---|---|
| ART COLLECTION EXPENSE | $3,886 | $0 | $15 | $3,871 |
| INSURANCE | $3,502 | $0 | $14 | $3,488 |
| OFFICE EXPENSES | $2,073 | $0 | $8 | $2,065 |
| OTHER EXPENSE | $150 | $0 | $1 | $149 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ART COLLECTIONS SOLD IN ACCORDANCE WITH SFAS 116(ASC 958-360-25) | Desc |
| Amt | $3,228,100 | Amt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CREDIT CARD | Desc |
| BOY Book Value | $0 | BOYBookValueAmt |
| EOY Book Value | $102 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| CONSULTING FEES | $50,500 | $0 | $199 | $50,301 |
| INVESTMENT MANAGEMENT FEES | $10,304 | $10,304 | $0 | $0 |
| OTHER INVESTMENT EXPENSE | $8,523 | $8,523 | $0 | $0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LICENSES | CategoryTxt |
| Amt | $315 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $2 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $313 | DisbursementsCharitablePrpsAmt |
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