MILBURN FOUNDATION: Form 990PF, tax year 2014

View the entire original 990 at ProPublica ↗

Organization: MILBURN FOUNDATION (EIN 20-8937314)
Tax period: 2014-01-01 to 2014-12-31
Filed: 2015-11-12
IRS object ID: 201513169349101076
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
Form 990-PF
Accounting Fees Schedule
Cash Deemed Charitable Expln Stmt
Cash Distribution Expln Stmt
Investments Corp Stock Schedule
Investments Other Schedule2
Other Expenses Schedule
Other Income Schedule2
Other Increases Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2015-11-12T12:42:52-06:00	ReturnTs
Tax Period End	2014-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	770526608	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	BURKART & ASSOCIATES ACCTCY CORP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	694 SANTA ROSA STREET	AddressLine1Txt
City	SAN LUIS OBISPO	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	93401	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2014-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	208937314	EIN

Business Name BusinessName

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

Field	Value	IRS element (for citing)
Business Name Control	MILB	BusinessNameControlTxt
Phone	9492059677	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	3950 STANSBURY AVENUE	AddressLine1Txt
City	SHERMAN OAKS	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	91423	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	BRYON DAVIS	PersonNm
Person Title	PRESIDENT	PersonTitleTxt
Phone	9492059677	PhoneNum
Signature	2015-11-12	SignatureDt
Discuss With Paid Preparer	0	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	DENNIS J BURKART	PreparerPersonNm
PTIN	P00118088	PTIN
Phone	8055436876	PhoneNum
Preparation	2015-11-12	PreparationDt

Field	Value	IRS element (for citing)
Tax	2014	TaxYr
Build TS	2016-02-25 16:41:14Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$1,795,720	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	$32,682	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$32,682	DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss	$48,723	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$267,017	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$48,723	CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss	$613	OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm	$613	OtherIncomeNetInvstIncmAmt
Total Rev And Expnss	$82,018	TotalRevAndExpnssAmt
Total Net Invst Incm	$82,018	TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss	$0	CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm	$0	CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl	$0	CompOfcrDirTrstDsbrsChrtblAmt
Accounting Fees Rev And Expnss	$681	AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm	$0	AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps	$0	AccountingFeesChrtblPrpsAmt
Other Expenses Rev And Expnss	$3,099	OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm	$0	OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl	$0	OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss	$3,780	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$0	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$0	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$86,927	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$86,927	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$90,707	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$0	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$86,927	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	-$8,689	ExcessRevenueOverExpensesAmt
Net Investment Income	$82,018	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$120,183	CashBOYAmt
Cash EOY	$139,225	CashEOYAmt
Cash EOYFMV	$139,225	CashEOYFMVAmt
Corporate Stock BOY	$380,889	CorporateStockBOYAmt
Corporate Stock EOY	$321,679	CorporateStockEOYAmt
Corporate Stock EOYFMV	$1,472,033	CorporateStockEOYFMVAmt
Other Investments BOY	$73,808	OtherInvestmentsBOYAmt
Other Investments EOY	$119,545	OtherInvestmentsEOYAmt
Other Investments EOYFMV	$184,462	OtherInvestmentsEOYFMVAmt
Total Assets BOY	$574,880	TotalAssetsBOYAmt
Total Assets EOY	$580,449	TotalAssetsEOYAmt
Total Assets EOYFMV	$1,795,720	TotalAssetsEOYFMVAmt
Total Liabilities BOY	$0	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117	Yes (X)	OrgDoesNotFollowSFAS117Ind
Capital Stock BOY	$0	CapitalStockBOYAmt
Capital Stock EOY	$0	CapitalStockEOYAmt
Additional Paid In Capital BOY	$0	AdditionalPaidInCapitalBOYAmt
Additional Paid In Capital EOY	$0	AdditionalPaidInCapitalEOYAmt
Retained Earning BOY	$574,880	RetainedEarningBOYAmt
Retained Earning EOY	$580,449	RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY	$574,880	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$580,449	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$574,880	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$580,449	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$574,880	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	-$8,689	ExcessRevenueOverExpensesAmt
Other Increases	$14,258	OtherIncreasesAmt
Subtotal	$580,449	SubtotalAmt
Other Decreases	$0	OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY	$580,449	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (5 entries)

PropertyPropertyDesc	How AcquiredHowAcquiredCd	AcquiredAcquiredDt	SoldSoldDt	Gross Sales PriceGrossSalesPriceAmt	Cost Or Other BasisCostOrOtherBasisAmt	Gain Or LossGainOrLossAmt	Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
WELLS FARGO #4466 - S/T COVERED	P	2014-03-28	2014-12-29	$95,473	$96,236	-$763	-$763
WELLS FARGO #4466 - S/T NONCOVERED	P	2014-04-29	2014-10-16	$2,318	$8,224	-$5,906	-$5,906
WELLS FARGO #4466 - L/T COVERED	P	2012-11-16	2014-12-29	$24,940	$22,079	$2,861	$2,861
WELLS FARGO #4466 - L/T NONCOVERED	P	1986-05-02	2014-12-29	$133,471	$81,578	$51,893	$51,893
WELLS FARGO #4466 - L/T NONCOVERED	P	2014-12-17	2014-12-29	$10,815	$10,177	$638	$638

Field	Value	IRS element (for citing)
Capital Gain Net Income	$48,723	CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

Field	Value	IRS element (for citing)
Liable Section4942 Tax	0	LiableSection4942TaxInd
Adjusted Qlfy Distri Yr1	$142,998	AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1	$1,451,471	NetVlNoncharitableAssetsYr1Amt
Distribution Yr1	0.098519	DistributionYr1Rt
Adjusted Qlfy Distri Yr2	$121,671	AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2	$1,213,188	NetVlNoncharitableAssetsYr2Amt
Distribution Yr2	0.100290	DistributionYr2Rt
Adjusted Qlfy Distri Yr3	$119,340	AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3	$1,218,488	NetVlNoncharitableAssetsYr3Amt
Distribution Yr3	0.097941	DistributionYr3Rt
Adjusted Qlfy Distri Yr4	$106,019	AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4	$1,088,454	NetVlNoncharitableAssetsYr4Amt
Distribution Yr4	0.097403	DistributionYr4Rt
Adjusted Qlfy Distri Yr5	$121,348	AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5	$1,087,395	NetVlNoncharitableAssetsYr5Amt
Distribution Yr5	0.111595	DistributionYr5Rt
Total Distribution	0.505748	TotalDistributionRt
Average Distribution	0.101150	AverageDistributionRt
Net Vl Noncharitable Assets	$1,677,294	NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets	$169,658	AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct	$820	NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct	$170,478	AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions	$173,854	QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Domestic Org Meeting Sect4940e	Yes (X)	DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax	$820	InvestmentIncomeExciseTaxAmt
Tax Under Section511	$0	TaxUnderSection511Amt
Subtotal	$820	SubtotalAmt
Subtitle A Tax	$0	SubtitleATaxAmt
Tax Based On Investment Income	$820	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$2,451	EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits	$2,451	TotalPaymentsAndCreditsAmt
Overpayment	$1,631	OverpaymentAmt
Applied To ES Tax	$1,631	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	CA	OrgReportOrRegisterStateCd
Form990 PF Filed With Atty Gen	Yes (1)	Form990PFFiledWithAttyGenInd
Private Operating Foundation	Yes (1)	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	BRYON DAVIS	IndividualWithBooksNm
Phone	9492059677	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	3950 STANSBURY	AddressLine1Txt
City	SHERMAN OAKS	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	91423	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 (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
CARYL LOUISE DAVIS
3950 STANSBURY AVENUE	SHERMAN OAKS	CA	91423	CFO	0.50	$0	$0	$0
PATRICIA ANN MILBURN
3950 STANSBURY AVENUE	SHERMAN OAKS	CA	91423	SECRETARY	0.50	$0	$0	$0
KATHLEEN T WILLIAMS
3950 STANSBURY AVENUE	SHERMAN OAKS	CA	91423	DIRECTOR	0.50	$0	$0	$0
BRYON DAVIS
3950 STANSBURY AVENUE	SHERMAN OAKS	CA	91423	PRESIDENT	2.00	$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

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

Field	Value	IRS element (for citing)
Description1	EDUCATE AND EXPAND THE NUMBER OF NURSES	Description1Txt
Expenses1	$0	Expenses1Amt
Description2	RESEARCH ON THE ELIMINATION, TREATEMENT, AND PREVENTION OF ALZHEIMERS DISEASE	Description2Txt
Expenses2	$0	Expenses2Amt
Description3	RESEARCH ON THE ELIMINATION, TREATEMTMENT, AND PREVENTION OF CANCER	Description3Txt
Expenses3	$0	Expenses3Amt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$1,665,343	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$98,878	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$1,764,221	TotalFMVOfUnusedAssetsAmt
Reduction Claimed	$0	ReductionClaimedAmt
Acquisition Indebtedness	$0	AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast	$1,764,221	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$86,927	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$1,677,294	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$83,865	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Sect4942j3j5 Fndtn And Frgn Org	Yes (X)	Sect4942j3j5FndtnAndFrgnOrgInd

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$86,927	ExpensesAndContributionsAmt
Program Related Invst Total	$0	ProgramRelatedInvstTotalAmt
Set Aside Cash Distri Test	$86,927	SetAsideCashDistriTestAmt
Qualifying Distributions	$173,854	QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm	$820	PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri	$173,034	AdjustedQualifyingDistriAmt

Private Operating Foundations PrivateOperatingFoundationsGrp

Field	Value	IRS element (for citing)
Private Operating Fndtn Ruling	2007-03-22	PrivateOperatingFndtnRulingDt
Section4942j3	Yes (X)	Section4942j3Ind

Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp

Field	Value	IRS element (for citing)
Current Year	$0	CurrentYearAmt
Year1	$0	Year1Amt
Year2	$0	Year2Amt
Year3	$0	Year3Amt
Total	$0	TotalAmt

Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp

Field	Value	IRS element (for citing)
Current Year	$0	CurrentYearAmt
Year1	$0	Year1Amt
Year2	$0	Year2Amt
Year3	$0	Year3Amt
Total	$0	TotalAmt

Qualifying Distributions QualifyingDistributionsGrp

Field	Value	IRS element (for citing)
Current Year	$173,854	CurrentYearAmt
Year1	$145,148	Year1Amt
Year2	$121,938	Year2Amt
Year3	$119,614	Year3Amt
Total	$560,554	TotalAmt

Qualifying Distri Not Used Drt QualifyingDistriNotUsedDrtGrp

Field	Value	IRS element (for citing)
Current Year	$0	CurrentYearAmt
Year1	$0	Year1Amt
Year2	$0	Year2Amt
Year3	$0	Year3Amt
Total	$0	TotalAmt

Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp

Field	Value	IRS element (for citing)
Current Year	$173,854	CurrentYearAmt
Year1	$145,148	Year1Amt
Year2	$121,938	Year2Amt
Year3	$119,614	Year3Amt
Total	$560,554	TotalAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Total Assets Sect4942j3 Bi TotalAssetsSect4942j3BiGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp

Field	Value	IRS element (for citing)
Current Year	$55,910	CurrentYearAmt
Year1	$48,383	Year1Amt
Year2	$40,439	Year2Amt
Year3	$40,616	Year3Amt
Total	$185,348	TotalAmt

Total Support TotalSupportGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Public Support Type PublicSupportType

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Largest Support From EO LargestSupportFromEOGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Gross Investment Income GrossInvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (2 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient RelationshipRecipientRelationshipTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
INFLAMATORY BREAST CANCER RESEARCH FOUNDATION
321 HIGH SCHOOL RD	BAINBRIDGE ISLAND	WA	98110	NONE	BREAST CANCER RESEARCH	$36,927
SUSAN G KOMEN FOR THE CURE
5005 LBJ FREEWAY SUITE 250	DALLAS	TX	75244	NONE	BREAST CANCER RESEARCHBREAST CANCER RESEARCH	$50,000

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$86,927	TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut	$0	TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$32,682	ExclusionAmt

Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$613	ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Related Or Exempt Function Incm	$48,723	RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Unrelated Business Taxbl Incm	$0	UnrelatedBusinessTaxblIncmAmt
Exclusion	$33,295	ExclusionAmt
Related Or Exempt Function Incm	$48,723	RelatedOrExemptFunctionIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$82,018	TotalIncomeProducingActyAmt

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

Field	Value	IRS element (for citing)
Line Number	11	LineNumberTxt
Relationship Statement	PARTNERSHIP LOSS	RelationshipStatementTxt

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	$681	Amt
Net Investment Income	$0	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$0	DisbursementsCharitablePrpsAmt

Cash Deemed Charitable Expln Stmt CashDeemedCharitableExplnStmt

Field	Value	IRS element (for citing)
Short Explanation	THE FOUNDATION HAS USED THIS FIGURE AS IT IS THE AMOUNT WHICH WAS ACTUALLY PAID OUT DURING 2014.	ShortExplanationTxt

Cash Distribution Expln Stmt CashDistributionExplnStmt

Field	Value	IRS element (for citing)
Explanation	SET ASIDE IS BASED ON THE AVERAGE ASSET VALUE FOR 2013 OF $ 1,473,575 LESS A CASH RESERVE OF$ 22,104 LEAVING A BALANCE OF $ 1,451,472. THE DISTRIBUTION IS 5% OF THE AVERAGE ASSET VALUE LESSTHE CASH RESERVE. ($1,451,472 X 5% = $ 72,574.)	ExplanationTxt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (11 entries)

StockStockNm	EOY Book ValueEOYBookValueAmt	EOYFMVEOYFMVAmt
2000 SH DOMINION RES	$60,506	$153,800
3500 SH DUN & BRADSTREET	$29,450	$423,360
7075 SH MOODYS	$48,020	$677,856
1200 SH P G & E CORP	$39,298	$63,888
1000 SH CENTURY TELEPHONE	$32,348	$39,580
2000 SH FRPRT MCMRN	$50,476	$46,720
200 SH P G & E CORP	$7,774	$10,648
623 SH KINDER MORGAN ENERGY	$25,876	$26,359
250 SH GENESIS ENERGY LP	$10,177	$10,605
300 SH GEO GROUP INC.	$12,180	$12,108
100 SH MACQUAIRE INFRASTRUCTURE CO LLC	$5,574	$7,109

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (4 entries)

Category Or ItemCategoryOrItemTxt	Listed At Cost Or FMVListedAtCostOrFMVCd	Book ValueBookValueAmt	EOYFMVEOYFMVAmt
2000 SH BUCKEYE PARTNERS	AT COST	$85,397	$151,320
200 SH BUCKEYE PARTNERS	AT COST	$16,318	$15,132
200 SH WESTPAC BANKING LTD	AT COST	$5,410	$5,380
500 SH MAIN ST CAP CP 6.125%	AT COST	$12,420	$12,630

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
TAXES	$10	$0	$0
BUSINESS FILING DIVISION	$50	$0	$0
LOSS ON PARTNERSHIP	$3,039	$0	$0

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

Field	Value	IRS element (for citing)
Desc	KINDER MORGAN	Desc
Revenue And Expenses Per Books	$613	RevenueAndExpensesPerBooksAmt
Net Investment Income	$613	NetInvestmentIncomeAmt
Adjusted Net Income	$613	AdjustedNetIncomeAmt

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

Field	Value	IRS element (for citing)
Desc	ADJUSTMENT FOR PARTNERSHIP BASIS	Desc
Amt	$14,258	Amt

MILBURN FOUNDATION: Form 990PF, tax year 2014

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

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (5 entries)

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Statements Regarding Acty StatementsRegardingActyGrp

Location Of Books US Address LocationOfBooksUSAddress

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Minimum Investment Return MinimumInvestmentReturnGrp

Distributable Amount DistributableAmountGrp

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Private Operating Foundations PrivateOperatingFoundationsGrp

Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp

Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp

Qualifying Distributions QualifyingDistributionsGrp

Qualifying Distri Not Used Drt QualifyingDistriNotUsedDrtGrp

Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp

Total Assets TotalAssetsGrp

Total Assets Sect4942j3 Bi TotalAssetsSect4942j3BiGrp

Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp

Total Support TotalSupportGrp

Public Support Type PublicSupportType

Largest Support From EO LargestSupportFromEOGrp

Gross Investment Income GrossInvestmentIncomeGrp

Supplementary Information SupplementaryInformationGrp

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (2 entries)

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Cash Deemed Charitable Expln Stmt CashDeemedCharitableExplnStmt

Cash Distribution Expln Stmt CashDistributionExplnStmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (11 entries)

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (4 entries)

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

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