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NUNNALLY FOUNDATION INC: Form 990PF, tax year 2014

View the entire original 990 at ProPublica ↗

Organization
NUNNALLY FOUNDATION INC (EIN 58-2472377)
Tax period
2014-01-01 to 2014-12-31
Filed
2015-05-11
IRS object ID
201501319349101460
Schema version
2014v5.0
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

FieldValueIRS element (for citing)
Return2015-05-11T11:03:53-05:00ReturnTs
Tax Period End2014-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN582116488PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1TALLANT & ASSOCIATES LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line16015 ATLANTIC BLVD SUITE GAddressLine1Txt
CityNORCROSSCityNm
State AbbreviationGAStateAbbreviationCd
ZIP30071ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2014-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN582472377EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1NUNNALLY FOUNDATION INCBusinessNameLine1Txt
Business Name Line2C/O HUGH NUNNALLY JRBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlNUNNBusinessNameControlTxt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 30068AddressLine1Txt
CitySEA ISLANDCityNm
State AbbreviationGAStateAbbreviationCd
ZIP31561ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonFRANCES G ROGERSPersonNm
Person TitleSECRETARYPersonTitleTxt
Signature2015-05-11SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonANDREW W TALLANTPreparerPersonNm
PTINP00037521PTIN
Phone7704479500PhoneNum
Preparation2015-05-11PreparationDt
FieldValueIRS element (for citing)
Tax2014TaxYr
Build TS2016-02-25 16:41:14ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$886,531FMVAssetsEOYAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$5InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$5InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$19,708DividendsRevAndExpnssAmt
Dividends Net Invst Incm$19,708DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$10,991NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$102,291GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$99,791CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$30,704TotalRevAndExpnssAmt
Total Net Invst Incm$119,504TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$490AccountingFeesRevAndExpnssAmt
Accounting Fees Chrtbl Prps$490AccountingFeesChrtblPrpsAmt
Taxes Rev And Expnss$846TaxesRevAndExpnssAmt
Taxes Net Invst Incm$57TaxesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$1,336TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$57TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$490TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$0ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$0ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$1,336TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$57TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$490TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$29,368ExcessRevenueOverExpensesAmt
Net Investment Income$119,447NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$5,405SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$108,967SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$108,967SavAndTempCashInvstEOYFMVAmt
Acct Rcvbl$213AcctRcvblAmt
Acct Rcvbl BOY$201AcctRcvblBOYAmt
Acct Rcvbl EOY$213AcctRcvblEOYAmt
Acct Rcvbl EOYFMV$213AcctRcvblEOYFMVAmt
Corporate Stock BOY$665,452CorporateStockBOYAmt
Corporate Stock EOY$591,246CorporateStockEOYAmt
Corporate Stock EOYFMV$777,351CorporateStockEOYFMVAmt
Total Assets BOY$671,058TotalAssetsBOYAmt
Total Assets EOY$700,426TotalAssetsEOYAmt
Total Assets EOYFMV$886,531TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Retained Earning BOY$671,058RetainedEarningBOYAmt
Retained Earning EOY$700,426RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$671,058TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$700,426TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$671,058TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$700,426TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$671,058TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$29,368ExcessRevenueOverExpensesAmt
Subtotal$700,426SubtotalAmt
Tot Net Ast Or Fund Balances EOY$700,426TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
Property2500 SHARES COCA COLAPropertyDesc
How AcquiredDHowAcquiredCd
Acquired2012-12-26AcquiredDt
Sold2014-07-25SoldDt
Gross Sales Price$102,291GrossSalesPriceAmt
Cost Or Other Basis$2,500CostOrOtherBasisAmt
Gain Or Loss$99,791GainOrLossAmt
Gains Minus Excess Or Losses$99,791GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income$99,791CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$10,490AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$774,130NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.013551DistributionYr1Rt
Adjusted Qlfy Distri Yr2$1,981,014AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$268,199NetVlNoncharitableAssetsYr2Amt
Distribution Yr27.386359DistributionYr2Rt
Adjusted Qlfy Distri Yr3$45,490AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$235,810NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.192910DistributionYr3Rt
Adjusted Qlfy Distri Yr4$137,790AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$258,610NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.532810DistributionYr4Rt
Adjusted Qlfy Distri Yr5$15,000AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$241,664NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.062070DistributionYr5Rt
Total Distribution8.187700TotalDistributionRt
Average Distribution1.637540AverageDistributionRt
Net Vl Noncharitable Assets$837,152NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$1,370,870AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$1,194NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$1,372,064AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$490QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$2,389InvestmentIncomeExciseTaxAmt
Subtotal$2,389SubtotalAmt
Tax Based On Investment Income$2,389TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$400EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$400TotalPaymentsAndCreditsAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Tax Due$1,989TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateGAOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksFRANCES G ROGERSIndividualWithBooksNm
Phone4042330560PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line13290 NORTHSIDE PARKWAY 375AddressLine1Txt
CityATLANTACityNm
State AbbreviationGAStateAbbreviationCd
ZIP30327ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
HUGH P NUNNALLY JR
PO BOX 30068SEA ISLANDGA31561PRESIDENT0.50$0$0$0
FRANCES G ROGERS
3290 NORTHSIDE PKYATLANTAGA30327SECRETARY0.50$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$787,222AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$62,645AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$34FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$849,901TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$849,901AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$12,749CashDeemedCharitableAmt
Net Vl Noncharitable Assets$837,152NetVlNoncharitableAssetsAmt
Minimum Investment Return$41,858MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$41,858MinimumInvestmentReturnAmt
Tax Based On Investment Income$2,389TaxBasedOnInvestmentIncomeAmt
Total Tax$2,389TotalTaxAmt
Distributable Before Adj$39,469DistributableBeforeAdjAmt
Distributable Before Ded$39,469DistributableBeforeDedAmt
Distributable As Adjusted$39,469DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$490ExpensesAndContributionsAmt
Qualifying Distributions$490QualifyingDistributionsAmt
Adjusted Qualifying Distri$490AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$39,469DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$2,984ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$124,973ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$33,966ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$2,000,490ExcessDistributionCyovYr2Amt
Total Excess Distribution Cyov$2,162,413TotalExcessDistributionCyovAmt
Qualifying Distributions$490QualifyingDistributionsAmt
Applied To Current Year$490AppliedToCurrentYearAmt
Excess Distri Cyov App CY Corpus$38,979ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$38,979ExcessDistributionCyovAppCYAmt
Total Corpus$2,123,434TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$2,123,434ExcessDistriCyovToNextYrAmt
Excess From Year4$88,978ExcessFromYear4Amt
Excess From Year3$33,966ExcessFromYear3Amt
Excess From Year2$2,000,490ExcessFromYear2Amt

Supplementary Information SupplementaryInformationGrp

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonFRANCES G ROGERSRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line13290 NORTHSIDE PKWY STE 375AddressLine1Txt
CityATLANTACityNm
State AbbreviationGAStateAbbreviationCd
ZIP30327ZIPCd
FieldValueIRS element (for citing)
Recipient Phone4042330560RecipientPhoneNum
Form And Info And MaterialsN/AFormAndInfoAndMaterialsTxt
Submission DeadlinesN/ASubmissionDeadlinesTxt
Restrictions On AwardsN/ARestrictionsOnAwardsTxt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$5ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$19,708ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$10,991ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$30,704ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$30,704TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryACCOUNTING FEESCategoryTxt
Amt$490Amt
Disbursements Charitable Prps$490DisbursementsCharitablePrpsAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockEQUITIESStockNm
EOY Book Value$591,246EOYBookValueAmt
EOYFMV$777,351EOYFMVAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmt
EXCISE TAX$789
FOREIGN TAX$57$57

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