WANDA J HERNDON FOUNDATION: Form 990PF, tax year 2014

View the entire original 990 at ProPublica ↗

Organization
WANDA J HERNDON FOUNDATION (EIN 20-8089043)
Tax period
2014-01-01 to 2014-12-31
Filed
2015-08-31
IRS object ID
201542439349100309
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)
Return2015-08-31T07:39:20-07:00ReturnTs
Tax Period End2014-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1POWDERMILL FINANCIAL SOLUTIONS LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 263AddressLine1Txt
CityROCKLANDCityNm
State AbbreviationDEStateAbbreviationCd
ZIP197320263ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2014-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN208089043EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1WANDA J HERNDON FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlWANDBusinessNameControlTxt
Phone3026587796PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 263AddressLine1Txt
CityROCKLANDCityNm
State AbbreviationDEStateAbbreviationCd
ZIP19732ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonWANDA J HERNDONPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone3026587796PhoneNum
Signature2015-08-31SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonSTEPHEN PETRUCCIPreparerPersonNm
Phone3026587796PhoneNum
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$238,905FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Dividends Rev And Expnss$12,599DividendsRevAndExpnssAmt
Dividends Net Invst Incm$12,599DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$8,344NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$55,339GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$8,344CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$20,943TotalRevAndExpnssAmt
Total Net Invst Incm$20,943TotalNetInvstIncmAmt
Legal Fees Rev And Expnss$260LegalFeesRevAndExpnssAmt
Accounting Fees Rev And Expnss$2,984AccountingFeesRevAndExpnssAmt
Other Prof Fees Rev And Expnss$2,413OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$2,413OtherProfFeesNetInvstIncmAmt
Taxes Rev And Expnss$600TaxesRevAndExpnssAmt
Other Expenses Rev And Expnss$25OtherExpensesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$6,282TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$2,413TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$8,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$8,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$14,282TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$2,413TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$8,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$6,661ExcessRevenueOverExpensesAmt
Net Investment Income$18,530NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$2,656CashBOYAmt
Cash EOY$787CashEOYAmt
Cash EOYFMV$787CashEOYFMVAmt
Sav And Temp Cash Invst BOY$2,855SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$3,073SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$3,073SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$185,444CorporateStockBOYAmt
Corporate Stock EOY$193,756CorporateStockEOYAmt
Corporate Stock EOYFMV$235,045CorporateStockEOYFMVAmt
Total Assets BOY$190,955TotalAssetsBOYAmt
Total Assets EOY$197,616TotalAssetsEOYAmt
Total Assets EOYFMV$238,905TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Capital Stock BOY$190,955CapitalStockBOYAmt
Capital Stock EOY$197,616CapitalStockEOYAmt
Tot Net Ast Or Fund Balances BOY$190,955TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$197,616TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$190,955TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$197,616TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$190,955TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$6,661ExcessRevenueOverExpensesAmt
Subtotal$197,616SubtotalAmt
Tot Net Ast Or Fund Balances EOY$197,616TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
PropertyPUBLICLY TRADED SECURITIESPropertyDesc
Gross Sales Price$55,339GrossSalesPriceAmt
Depreciation$0DepreciationAmt
Cost Or Other Basis$46,995CostOrOtherBasisAmt
Gain Or Loss$8,344GainOrLossAmt
FMV As Of123169$0FMVAsOf123169Amt
Adjusted Basis As Of123169$0AdjustedBasisAsOf123169Amt
Excess FMV Over Adjusted Bss$0ExcessFMVOverAdjustedBssAmt
Gains Minus Excess Or Losses$8,344GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income$8,344CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$5,000AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$227,712NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.021958DistributionYr1Rt
Adjusted Qlfy Distri Yr2$5,000AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$213,040NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.023470DistributionYr2Rt
Net Vl Noncharitable Assets Yr3$210,653NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.000000DistributionYr3Rt
Adjusted Qlfy Distri Yr4$38,448AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$227,853NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.168740DistributionYr4Rt
Adjusted Qlfy Distri Yr5$19,990AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$227,586NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.087835DistributionYr5Rt
Total Distribution0.302003TotalDistributionRt
Average Distribution0.060401AverageDistributionRt
Net Vl Noncharitable Assets$241,286NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$14,574AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$185NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$14,759AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$8,000QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$371InvestmentIncomeExciseTaxAmt
Tax Under Section511$0TaxUnderSection511Amt
Subtotal$371SubtotalAmt
Tax Based On Investment Income$371TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$556EstimatedPlusOvpmtIncmTxAmt
Applied To Es Tax$200AppliedToEsTaxAmt
Total Payments And Credits$756TotalPaymentsAndCreditsAmt
Original Return Overpayment-$756OriginalReturnOverpaymentAmt
Overpayment$385OverpaymentAmt
Applied To ES Tax$385AppliedToESTaxAmt

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
Form990 T FiledfalseForm990TFiledInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateWAOrgReportOrRegisterStateCd
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

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1POWDERMILL FINANCIAL SOLUTIONS LLCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3026587796PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 263AddressLine1Txt
CityROCKLANDCityNm
State AbbreviationDEStateAbbreviationCd
ZIP19732ZIPCd
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
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
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 (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
WANDA J HERNDON
2033 2ND AVENUE PH-3SEATTLEWA98121DIR, PRES1.00$0$0$0
MARY J WILLIAMS
535 HIGH DRIVELAGUNA BEACHCA92651SEC/VP/DIRECTOR1.00$0$0$0
DR AVON LORRAINE BURNS
1623 BROAD CTSAGINAWMI48503DIRECTOR1.00$0$0$0
MARY BROADWAY
4790 DRESDEN CTSAGINAWMI28601DIRECTOR1.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k0OtherEmployeePaidOver50kCnt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt
Contractor Paid Over50k0ContractorPaidOver50kCnt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$238,505AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$6,455AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$244,960TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$244,960AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$3,674CashDeemedCharitableAmt
Net Vl Noncharitable Assets$241,286NetVlNoncharitableAssetsAmt
Minimum Investment Return$12,064MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$12,064MinimumInvestmentReturnAmt
Tax Based On Investment Income$371TaxBasedOnInvestmentIncomeAmt
Total Tax$371TotalTaxAmt
Distributable Before Adj$11,693DistributableBeforeAdjAmt
Distributable Before Ded$11,693DistributableBeforeDedAmt
Distributable As Adjusted$11,693DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$8,000ExpensesAndContributionsAmt
Qualifying Distributions$8,000QualifyingDistributionsAmt
Adjusted Qualifying Distri$8,000AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$11,693DistributableAsAdjustedAmt
Undistributed Income PY$4,587UndistributedIncomePYAmt
Qualifying Distributions$8,000QualifyingDistributionsAmt
Applied To Year1$4,587AppliedToYear1Amt
Applied To Current Year$3,413AppliedToCurrentYearAmt
Undistributed Income CY$8,280UndistributedIncomeCYAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerWANDA J HERNDONContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1ATLANTIC STREET CENTERBusinessNameLine1Txt

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line12103 S ATLANTIC STAddressLine1Txt
CitySEATTLECityNm
State AbbreviationWAStateAbbreviationCd
ZIP98144ZIPCd
FieldValueIRS element (for citing)
Recipient Foundation Status501(C)(3)RecipientFoundationStatusTxt
Grant Or Contribution PurposeASSISTANCEGrantOrContributionPurposeTxt
Amt$8,000Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$8,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$12,599ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$8,344ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$20,943ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$20,943TotalIncomeProducingActyAmt

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)
CategoryPOWDERMILL FINANCIAL SOLUTIONS TAX & ACCOUNTINGCategoryTxt
Amt$2,984Amt

Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch

Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp

FieldValueIRS element (for citing)
AssetPUBLICLY TRADED SECURITIESAssetDesc
How AcquiredPurchasedHowAcquiredTxt
Gross Sales Price$55,339GrossSalesPriceAmt
Basis$46,995BasisAmt
Total Net$8,344TotalNetAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockSEE ATTACHED SCHEDULEStockNm
EOY Book Value$193,756EOYBookValueAmt
EOYFMV$235,045EOYFMVAmt

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

FieldValueIRS element (for citing)
CategoryCordova Law Legal FeesCategoryTxt
Legal Fees$260LegalFeesAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp

FieldValueIRS element (for citing)
DescSTATE REGISTRATIONDesc
Revenue And Expenses Per Books$25RevenueAndExpensesPerBooksAmt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryBRINKER INV MNGMT FEESCategoryTxt
Amt$2,413Amt
Net Investment Income$2,413NetInvestmentIncomeAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryFEDERALCategoryTxt
Amt$600Amt

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