BETSY ROSS FOUNDATION INC: Form 990PF, tax year 2014
View the entire original 990 at ProPublica ↗
- Organization
- BETSY ROSS FOUNDATION INC (EIN 62-1490795)
- Tax period
- 2014-12-01 to 2015-11-30
- Filed
- 2016-02-15
- IRS object ID
- 201620479349100617
- Schema version
- 2014v6.0
- 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
- Accounting Fees Schedule
- Investments Other Schedule2
- Other Income Schedule2
- Reduction Explanation Statement
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2016-02-15T00:00:00-06:00 | ReturnTs |
| Tax Period End | 2015-11-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 621471522 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RAYBURN FITZGERALD PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5200 MARYLAND WAY SUITE 300 | AddressLine1Txt |
| City | BRENTWOOD | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 37027 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2014-12-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 621490795 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BETSY ROSS FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | BETS | BusinessNameControlTxt |
| Phone | 7316426113 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1595 HIGHWAY 218 BYPASS | AddressLine1Txt |
| City | PARIS | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 382424164 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JULIE WILLIAMS | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 7316426113 | PhoneNum |
| Signature | 2016-02-16 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JOHN V RAYBURN | PreparerPersonNm |
| PTIN | P00429464 | PTIN |
| Phone | 6156617878 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2014 | TaxYr |
| Build TS | 2016-08-17 19:52:53Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $2,344,432 | 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 |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $85,683 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $85,683 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $85,683 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $85,683 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $9,504 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $2,400 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $2,020 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $13,924 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $0 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $86,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $86,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $99,924 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $0 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $86,000 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$14,241 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $85,683 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $34,113 | CashBOYAmt |
| Cash EOY | $19,872 | CashEOYAmt |
| Cash EOYFMV | $19,872 | CashEOYFMVAmt |
| Other Investments BOY | $2,324,560 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $2,324,560 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $2,324,560 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $2,358,673 | TotalAssetsBOYAmt |
| Total Assets EOY | $2,344,432 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $2,344,432 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $698 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $698 | AccountsPayableEOYAmt |
| Total Liabilities BOY | $698 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $698 | TotalLiabilitiesEOYAmt |
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
| Unrestricted BOY | $2,357,975 | UnrestrictedBOYAmt |
| Unrestricted EOY | $2,343,734 | UnrestrictedEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $2,357,975 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $2,343,734 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $2,358,673 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $2,344,432 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $2,357,975 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$14,241 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $2,343,734 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $2,343,734 | TotNetAstOrFundBalancesEOYAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $100,500 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $1,602,225 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.062725 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $86,000 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $1,607,044 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.053514 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $20,350 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $1,561,192 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.013035 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $10,350 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $2,205 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 4.693878 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $2,900 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $484 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 5.991736 | DistributionYr5Rt |
| Total Distribution | 10.814888 | TotalDistributionRt |
| Average Distribution | 2.162978 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $1,579,095 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $3,415,548 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $857 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $3,416,405 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $86,000 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $1,714 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $1,714 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $1,714 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $1,940 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $1,940 | TotalPaymentsAndCreditsAmt |
| Overpayment | $226 | OverpaymentAmt |
| Applied To ES Tax | $226 | 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 | TN | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | JULIE WILLIAMS | IndividualWithBooksNm |
| Phone | 7316426113 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1595 HIGHWAY 218 BYPASS | AddressLine1Txt |
| City | PARIS | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 38242 | 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 (5 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 |
|---|---|---|---|---|---|---|---|---|
| JULIE WILLIAMS | ||||||||
| 1165 WILDCREEK DRIVE | COLLIERVILLE | TN | 38017 | PRESIDENT | 2.50 | $9,504 | $0 | $0 |
| JOHN FUQUA | ||||||||
| 1595 HWY 218 BYPASS | PARIS | TN | 38242 | DIRECTOR | 0.50 | $0 | $0 | $0 |
| MARY LOU REED | ||||||||
| PO BOX 667 | WHITE BLUFF | TN | 37187 | SECRETARY | 0.50 | $0 | $0 | $0 |
| RUTH CONROY | ||||||||
| 151 FLAT RIDGE ROAD | GOODLETTSVILLE | TN | 37072 | TREASURER | 0.50 | $0 | $0 | $0 |
| THOAMS HARRISON | ||||||||
| 1595 HWY 218 BYPASS | PARIS | TN | 38242 | DIRECTOR | 0.50 | $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 | FUNDS WERE PROVIDED FOR SCHOLARSHIPS | Description1Txt |
| Expenses1 | $20,000 | Expenses1Amt |
| Description2 | FUNDS WERE PROVIDED FOR SCHOLARSHIPS | Description2Txt |
| Expenses2 | $20,000 | Expenses2Amt |
| Description3 | FUNDS WERE PROVIDED TO SUPPORT LOCAL PUBLIC HIGH SCHOOL EDUCATION | Description3Txt |
| Expenses3 | $6,000 | Expenses3Amt |
| Description4 | FUNDS WERE PROVIDED TO SUPPORT VULNERABLE CHILDRENS' PROGRAMS | Description4Txt |
| Expenses4 | $5,000 | Expenses4Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | NONE | Description1Txt |
| Expenses1 | $0 | Expenses1Amt |
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $0 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $21,266 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $1,581,876 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $1,603,142 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $742,684 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $1,603,142 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $24,047 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $1,579,095 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $78,955 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $78,955 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $1,714 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $1,714 | TotalTaxAmt |
| Distributable Before Adj | $77,241 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $77,241 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $77,241 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $86,000 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $86,000 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $86,000 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $77,241 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $2,876 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $10,240 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr2 | $7,507 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $22,329 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $42,952 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $86,000 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $77,241 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $8,759 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $51,711 | 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 | $2,876 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $48,835 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $10,240 | ExcessFromYear4Amt |
| Excess From Year2 | $7,507 | ExcessFromYear2Amt |
| Excess From Year1 | $22,329 | ExcessFromYear1Amt |
| Excess From Current Year | $8,759 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | JULIE WILLIAMS | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1595 HWY 218 BYPASS | AddressLine1Txt |
| City | PARIS | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 38242 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 7316426116 | RecipientPhoneNum |
| Form And Info And Materials | APPLICATIONS SHOULD BE SUBMITTED EITHER ORALLY OR IN WRITING | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | N/A | SubmissionDeadlinesTxt |
| Restrictions On Awards | N/A | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (11 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| MURRAY STATE UNIVERSITY | |||||||
| 200 HERITAGE HALL | MURRAY | KY | 420713441 | NONE | PUBLIC UNIVERSITY | SCHOLARSHIPS | $20,000 |
| UNIVERSITY OF TENNESSEE | |||||||
| 527 ANDY HOLT TOWER | KNOXVILLE | TN | 37996 | NONE | PUBLIC UNIVERSITY | DONATION TO UNIVERSITY OF TENESSEE | $20,000 |
| XALTED MINISTRY | |||||||
| 8 TREUTLEN LANE | SAVANNAH | GA | 31411 | NONE | MISSIONS MINISTRY | DONATION TO MINISTRY ORGANIZATION | $5,000 |
| DAMASCUS ROAD | |||||||
| P O BOX 1075 CURTIS STREET | PARIS | TN | 38242 | NONE | 501 (C) 3 | HALF-WAY HOUSE SUPPORT PARIS, TN | $5,000 |
| FRIENDS OF JOHNSONVILLE STATE HISTORIC PARK | |||||||
| 90 NELL BEARD ROAD | NEW JOHNSONVILLE | TN | 37134 | NONE | GOV | STATE PARK PRESERVATION | $5,000 |
| MILITARY WORKING DOG TEAM SUPPORT ASSOCIATION | |||||||
| PO BOX 5864 | CANTON | GA | 30114 | NONE | 501 (C) 3 | TO SUPPORT MILITARY DOGS AND THEIR HANDLERS | $5,000 |
| YOUTH VILLAGES | |||||||
| 3320 BROTHER BOULEVARD | MEMPHIS | TN | 38133 | NONE | 501 (C) 3 | SUPPORT FOR VULNERABLE CHILDRENS' PROGRAMS | $5,000 |
| REELFOOT LAKE STATE PARK | |||||||
| 2595 STATE ROUTE 21E | TIPTONVILLE | TN | 38079 | NONE | GOV | INTERPRETIVE EDUCATION OPPORTUNITIES SUPPORT TN BIRD OF PREY/EAGLES | $5,000 |
| SHEPARD CENTER FOUNDATION | |||||||
| 2020 PEACHTREE ROAD | ATLANTA | GA | 30309 | NONE | 501 (C) 3 | MEDICAL RESEARCH | $5,000 |
| FRIENDS OF LAKE BARKLEY STATE PARK | |||||||
| P O BOX 1505 | CADIZ | KY | 42211 | NONE | GOV | 2015 BIRDS OF PREY DONATION | $5,000 |
| HENRY COUNTY HIGH SCHOOL | |||||||
| 315 S WILSON STREET | PARIS | TN | 38242 | NONE | PUBLIC HIGH SCHOOL | SUPPORT PUBLIC HIGH SCHOOL | $6,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $86,000 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 15 | ExclusionCd |
| Exclusion | $85,683 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $85,683 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $85,683 | 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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING | CategoryTxt |
| Amt | $2,400 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | MARINADE ROYALTY AGREEMENT | CategoryOrItemTxt |
| Listed At Cost Or FMV | FMV | ListedAtCostOrFMVCd |
| Book Value | $2,324,560 | BookValueAmt |
| EOYFMV | $2,324,560 | EOYFMVAmt |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ALLEGRO FINE FOODS | Desc |
| Revenue And Expenses Per Books | $85,683 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $85,683 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $85,683 | AdjustedNetIncomeAmt |
Reduction Explanation Statement ReductionExplanationStatement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Short Explanation | THE FOUNDATION HAS A ROYALTY AGREEMENT FROM THE ESTATE OF MR. DAVID WILCOX. THE AGREEMENT IS WITH ALLEGRO FINE FOODS,INC. AND CALLS FOR THE PAYMENT OF A ROYALTY TO THE FOUNDATION FOR THE USE OF PRODUCT FORMULAS DEVELOPED BY MR. WILCOX DURING HIS LIFETIME. THE ROYALTY IS BASED ON SALES OF PRODUCTS BASED ON THESE FORMULAS. THE AGREEMENT CALLS FOR A MINIMUM ANNUAL PAYMENT OF $25,000 AND A MAXIMUM ANNUAL PAYMENT OF $100,000. THE INITIAL VALUATION OF THE ROYALTY AGREEMENT WAS BASED ON THE MAXIMUM ANNUAL PAYMENT OF $100,000 USING A LONG TERM INTEREST RATE OF 3.55%. THE FAIR MARKET VALUE IS REVISED FOR ACTUAL ROYALTIES RECEIVED DURING THE CURRENT YEAR AND A LONG TERM INTEREST RATE OF 5.00%. | ShortExplanationTxt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT EXCISE TAX | CategoryTxt |
| Amt | $2,020 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
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