HEISER FOUNDATION INC: Form 990PF, tax year 2015

View the entire original 990 at ProPublica ↗

Organization: HEISER FOUNDATION INC (EIN 59-3670526)
Tax period: 2015-01-01 to 2015-12-31
Filed: 2016-04-15
IRS object ID: 201611069349100501
Schema version: 2015v2.1
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
Gain Loss Sale Other Assets Sch
Other Decreases Schedule
Other Expenses Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2016-04-15T08:10:47-05:00	ReturnTs
Tax Period End	2015-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	453815140	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	BARNIER & WEBBER LLC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	17 OLD KINGS RD N STE D	AddressLine1Txt
City	PALM COAST	CityNm
State Abbreviation	FL	StateAbbreviationCd
ZIP	321378283	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2015-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	593670526	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	THE HEISER FOUNDATION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	HEIS	BusinessNameControlTxt
Phone	3869869414	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	10 LIVE OAK LANE	AddressLine1Txt
City	PALM COAST	CityNm
State Abbreviation	FL	StateAbbreviationCd
ZIP	32137	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	FRANCES HEISER	PersonNm
Person Title	PRESIDENT	PersonTitleTxt
Phone	3869869414	PhoneNum
Signature	2016-04-10	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	STEPHEN BARNIER CPA	PreparerPersonNm
PTIN	P00646386	PTIN
Phone	3864454997	PhoneNum
Preparation	2016-04-10	PreparationDt

Field	Value	IRS element (for citing)
Tax	2015	TaxYr
Build TS	2016-09-27 15:27:22Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$35,271	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
Dividends Rev And Expnss	$31	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$31	DividendsNetInvstIncmAmt
Dividends Adj Net Incm	$31	DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss	$1,480	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$14,011	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$1,476	CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss	$1,511	TotalRevAndExpnssAmt
Total Net Invst Incm	$1,507	TotalNetInvstIncmAmt
Total Adj Net Incm	$31	TotalAdjNetIncmAmt
Taxes Rev And Expnss	$1	TaxesRevAndExpnssAmt
Other Expenses Rev And Expnss	$1,500	OtherExpensesRevAndExpnssAmt
Other Expenses Dsbrs Chrtbl	$1,500	OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss	$1,501	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$0	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$1,500	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$0	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$0	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$1,501	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$0	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$1,500	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	$10	ExcessRevenueOverExpensesAmt
Net Investment Income	$1,507	NetInvestmentIncomeAmt
Adjusted Net Income	$31	AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$42,905	CashBOYAmt
Cash EOY	$35,271	CashEOYAmt
Cash EOYFMV	$35,271	CashEOYFMVAmt
Total Assets BOY	$42,905	TotalAssetsBOYAmt
Total Assets EOY	$35,271	TotalAssetsEOYAmt
Total Assets EOYFMV	$35,271	TotalAssetsEOYFMVAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Organization Follows SFAS117	Yes (X)	OrganizationFollowsSFAS117Ind
Unrestricted BOY	$42,905	UnrestrictedBOYAmt
Unrestricted EOY	$35,271	UnrestrictedEOYAmt
Tot Net Ast Or Fund Balances BOY	$42,905	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$35,271	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$42,905	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$35,271	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$42,905	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	$10	ExcessRevenueOverExpensesAmt
Subtotal	$42,915	SubtotalAmt
Other Decreases	$7,644	OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY	$35,271	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Field	Value	IRS element (for citing)
Capital Gain Net Income	$1,476	CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

Field	Value	IRS element (for citing)
Liable Section4942 Tax	false	LiableSection4942TaxInd
Adjusted Qlfy Distri Yr1	$3,949	AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1	$36,554	NetVlNoncharitableAssetsYr1Amt
Distribution Yr1	0.108032	DistributionYr1Rt
Adjusted Qlfy Distri Yr2	$1,240	AdjustedQlfyDistriYr2Amt
Adjusted Qlfy Distri Yr3	$1,149	AdjustedQlfyDistriYr3Amt
Adjusted Qlfy Distri Yr4	$1,898	AdjustedQlfyDistriYr4Amt
Adjusted Qlfy Distri Yr5	$1,625	AdjustedQlfyDistriYr5Amt
Total Distribution	0.108032	TotalDistributionRt
Average Distribution	0.108032	AverageDistributionRt
Net Vl Noncharitable Assets	$24,892	NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets	$2,689	AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct	$15	NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct	$2,704	AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions	$1,500	QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$30	InvestmentIncomeExciseTaxAmt
Subtotal	$30	SubtotalAmt
Tax Based On Investment Income	$30	TaxBasedOnInvestmentIncomeAmt
Tax Due	$30	TaxDueAmt

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
Form990 PF Filed With Atty Gen	Yes (true)	Form990PFFiledWithAttyGenInd
Private Operating Foundation	false	PrivateOperatingFoundationInd
New Substantial Contributors	false	NewSubstantialContributorsInd
Own Controlled Entity	false	OwnControlledEntityInd
Donor Advised Fund	false	DonorAdvisedFundInd
Comply With Public Insp Rqr	Yes (true)	ComplyWithPublicInspRqrInd
Website Address	N/A	WebsiteAddressTxt
Individual With Books	FRANCES HEISER	IndividualWithBooksNm
Phone	3869869414	PhoneNum

Location Of Books Foreign Address LocationOfBooksForeignAddress

Field	Value	IRS element (for citing)
Address Line1	10 LIVE OAK LANE	AddressLine1Txt
City	PALM COAST	CityNm
Country	UV	CountryCd
Foreign Postal	32137	ForeignPostalCd

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 (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
FRANCES HEISER
10 LIVE OAK LANE	PALM COAST	FL	32137	PRESIDENT	2.00	$0	$0	$0
GARY SHERWOOD
10238 JAMES RIVER ROAD	SHIPMAN	VA	22974	DIRECTOR	0.50	$0	$0	$0
LINDA KEITH
10 BEACH STREET	ST AUGUSTINE	FL	32080	OFFICER	0.50	$0	$0	$0
ROB WITT
2483 CYPRESS TRACE CIRCLE	ORLANDO	FL	32825	OFFICER	0.50	$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	$0	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$9,419	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$15,852	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$25,271	TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast	$25,271	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$379	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$24,892	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$1,245	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$1,245	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$30	TaxBasedOnInvestmentIncomeAmt
Total Tax	$30	TotalTaxAmt
Distributable Before Adj	$1,215	DistributableBeforeAdjAmt
Distributable Before Ded	$1,215	DistributableBeforeDedAmt
Distributable As Adjusted	$1,215	DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$1,500	ExpensesAndContributionsAmt
Qualifying Distributions	$1,500	QualifyingDistributionsAmt
Adjusted Qualifying Distri	$1,500	AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$1,215	DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5	$1,625	ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4	$1,900	ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3	$1,150	ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2	$1,240	ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1	$2,123	ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov	$8,038	TotalExcessDistributionCyovAmt
Qualifying Distributions	$1,500	QualifyingDistributionsAmt
Applied To Current Year	$1,215	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$285	RemainingDistriFromCorpusAmt
Total Corpus	$8,323	TotalCorpusAmt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5	$1,625	ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr	$6,698	ExcessDistriCyovToNextYrAmt
Excess From Year4	$1,900	ExcessFromYear4Amt
Excess From Year3	$1,150	ExcessFromYear3Amt
Excess From Year2	$1,240	ExcessFromYear2Amt
Excess From Year1	$2,123	ExcessFromYear1Amt
Excess From Current Year	$285	ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

Field	Value	IRS element (for citing)
Related Or Exempt Function Incm	$31	RelatedOrExemptFunctionIncmAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Related Or Exempt Function Incm	$1,480	RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Related Or Exempt Function Incm	$1,511	RelatedOrExemptFunctionIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$1,511	TotalIncomeProducingActyAmt

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

Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch

Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp

Field	Value	IRS element (for citing)
Asset	AMERICAN GLOBAL BROW FUND	AssetDesc
Acquired	2014-07	AcquiredDt
How Acquired	PURCHASE	HowAcquiredTxt
Sold	2015-03	SoldDt
Gross Sales Price	$12,535	GrossSalesPriceAmt
Basis	$12,531	BasisAmt
Total Net	$4	TotalNetAmt

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

Field	Value	IRS element (for citing)
Desc	UNREALIZED LOSS ON INVESTMENTS	Desc
Amt	$7,644	Amt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
EXPENSES
CHARITABLE DONATIONS	$1,500	$1,500

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

Field	Value	IRS element (for citing)
Category	INDIRECT TAXES/LICENSES	CategoryTxt
Amt	$1	Amt

HEISER FOUNDATION INC: Form 990PF, tax year 2015

Return header ReturnHeader

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

Preparer US Address PreparerUSAddress

Filer Filer

Business Name BusinessName

US Address USAddress

Business Officer BusinessOfficerGrp

Preparer Person PreparerPersonGrp

Form 990-PF IRS990PF

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Statements Regarding Acty StatementsRegardingActyGrp

Location Of Books Foreign Address LocationOfBooksForeignAddress

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Minimum Investment Return MinimumInvestmentReturnGrp

Distributable Amount DistributableAmountGrp

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Undistributed Income UndistributedIncomeGrp

Supplementary Information SupplementaryInformationGrp

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch

Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

Comments