CAL TURNER FAMILY FOUNDATION INC: Form 990PF, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- CAL TURNER FAMILY FOUNDATION INC (EIN 26-2886973)
- Tax period
- 2013-01-01 to 2013-12-31
- Filed
- 2014-11-11
- IRS object ID
- 201413159349100746
- Schema version
- 2013v3.1
- 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
- Accounting Fees Schedule
- Contractor Compensation Expln
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- Mortgages And Notes Payable Sch
- Other Expenses Schedule
- Other Income Schedule2
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2014-11-11T13:40:03-08:00 | ReturnTs |
| Tax Period End | 2013-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Frasier Dean & Howard PLLC | BusinessNameLine1 |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3310 West End Avenue Ste 550 | AddressLine1 |
| City | Nashville | City |
| State | TN | State |
| ZIP Code | 37203 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2013-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 262886973 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CAL TURNER FAMILY FOUNDATION INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CALT | BusinessNameControlTxt |
| Phone | 6158462048 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 138 SECOND AVENUE NORTH | AddressLine1 |
| City | NASHVILLE | City |
| State | TN | State |
| ZIP Code | 37201 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CABOT PYLE | PersonNm |
| Person Title | ASSISTANT SECT | PersonTitleTxt |
| Signature | 2014-11-11 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Stephen T Dolan | PreparerPersonNm |
| PTIN | P00666397 | PTIN |
| Phone | 6153836592 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2013 | TaxYr |
| Build TS | 2015-12-30 17:16:21Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $47,546,477 | 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 |
| Interest On Sav Rev And Expnss | $912,746 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $884,610 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $797,958 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $797,958 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $3,688,583 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $7,003,064 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $3,688,775 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $71,194 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $115,749 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $5,470,481 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $5,487,092 | TotalNetInvstIncmAmt |
| Legal Fees Rev And Expnss | $629 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $629 | LegalFeesNetInvstIncmAmt |
| Accounting Fees Rev And Expnss | $127,897 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $46,122 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $81,775 | AccountingFeesChrtblPrpsAmt |
| Interest Rev And Expnss | $21,789 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $21,789 | InterestNetInvstIncmAmt |
| Taxes Rev And Expnss | $37,884 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $27,884 | TaxesNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $586,967 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $573,615 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $10,022 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $775,166 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $670,039 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $91,797 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $5,369,193 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $5,369,193 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $6,144,359 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $670,039 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $5,460,990 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$673,878 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $4,817,053 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $1,373,777 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $1,033,941 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $1,033,941 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $5 | AcctRcvblAmt |
| Acct Rcvbl BOY | $51,765 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $5 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $5 | AcctRcvblEOYFMVAmt |
| Corporate Stock BOY | $4,450,620 | CorporateStockBOYAmt |
| Corporate Stock EOY | $4,364,459 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $4,827,585 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $44,861,482 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $44,665,361 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $41,684,946 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $50,737,644 | TotalAssetsBOYAmt |
| Total Assets EOY | $50,063,766 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $47,546,477 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Retained Earning BOY | $50,737,644 | RetainedEarningBOYAmt |
| Retained Earning EOY | $50,063,766 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $50,737,644 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $50,063,766 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $50,737,644 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $50,063,766 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $50,737,644 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$673,878 | ExcessRevenueOverExpensesAmt |
| Subtotal | $50,063,766 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $50,063,766 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (33 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | Cost Or Other BasisCostOrOtherBasisAmt |
|---|---|---|---|---|---|---|---|
| FROM K-1: 7/6 INVESTMENT P'SHIP | P | 2013-01-01 | 2013-12-31 | $39,569 | $39,569 | $39,569 | |
| FROM K-1: 7/6 INVESTMENT P'SHIP | P | 2000-01-01 | 2013-12-31 | $395,350 | $395,350 | $395,350 | |
| FROM K-1: HCTS CASH MANAGEMENT P'SHIP | P | 2013-01-01 | 2013-12-31 | -$1,786 | -$1,786 | $1,786 | |
| FROM K-1: HCTS CASH MANAGEMENT P'SHIP | P | 2000-01-01 | 2013-12-31 | -$20,027 | -$20,027 | $20,027 | |
| FROM K-1: TURSON, LP | P | 2013-01-01 | 2013-12-31 | -$8,070 | -$8,070 | $8,070 | |
| FROM K-1: TURSON, LP | P | 2000-01-01 | 2013-12-31 | $1,096,228 | $1,096,228 | $1,096,228 | |
| FROM K-1: BEDELIA STREET | P | 2000-01-01 | 2013-12-31 | $137,857 | $137,857 | $137,857 | |
| 55,055 SH HCA HOLDINGS INC COM | P | 2006-11-13 | 2013-12-31 | $2,196,306 | $1,573,083 | $1,573,083 | $623,223 |
| 14,000 BANK AMER CORP COM | P | 2013-01-01 | 2013-12-31 | $150,150 | $42,316 | $42,316 | $107,834 |
| 7300 CANADIAN NATURAL RES LTD | P | 2013-01-01 | 2013-12-31 | $130,575 | $9,526 | $9,526 | $121,049 |
| 3000 CITIGROUP INC COM | P | 2013-04-04 | 2013-12-20 | $161,982 | $35,409 | $35,409 | $126,573 |
| 4000 CONTINENTAL RES INC COM | P | 2013-01-01 | 2013-03-15 | $327,978 | $56,165 | $56,165 | $271,813 |
| 85,370.437 FRANKLIN STRATEGIC INCOME CLASS | P | 2013-01-01 | 2013-12-31 | $904,716 | -$15,463 | -$15,463 | $920,179 |
| 250 APPLE INC COM | P | 2012-11-09 | 2013-12-23 | $142,574 | $8,817 | $8,817 | $133,757 |
| 5500 BANK AMER CORP COM | P | 2012-03-15 | 2013-11-29 | $87,445 | $38,074 | $38,074 | $49,371 |
| 500 FACEBOOK INC CL A | P | 2012-05-18 | 2013-12-23 | $28,734 | $7,248 | $7,248 | $21,486 |
| 4000 REGIONS FINL CORP | P | 2012-03-15 | 2013-10-23 | $38,392 | $13,416 | $13,416 | $24,976 |
| 2500 AMERICAN EXPRESS CO | P | 2000-01-01 | 2013-04-02 | $151,232 | $52,253 | $52,253 | $98,979 |
| 1000 HASBRO INC COM | P | 2000-01-01 | 2013-10-29 | $47,985 | $3,131 | $3,131 | $44,854 |
| 2500 HUMANA INC COM | P | 2000-01-01 | 2013-04-19 | $189,981 | $52,606 | $52,606 | $137,375 |
| 3700 INTEL CORP COM | P | 2000-01-01 | 2013-12-31 | $86,187 | $17,658 | $17,658 | $68,529 |
| 5000 INTELIQUENT INC COM | P | 2000-01-01 | 2013-12-31 | $48,220 | -$27,234 | -$27,234 | $75,454 |
| 8680 INTERVEST BANCSHARES CORP | P | 2000-01-01 | 2013-12-31 | $62,698 | $44,985 | $44,985 | $17,713 |
| 18,000 ISHARES SILVER TR | P | 2000-01-01 | 2013-12-31 | $159 | $159 | $159 | |
| 1000 JOHNSON & JOHNSON CO | P | 2000-01-01 | 2013-04-25 | $84,655 | $25,955 | $25,955 | $58,700 |
| 10,000 SONIC CORP | P | 2000-01-01 | 2013-03-15 | $106,481 | $16,207 | $16,207 | $90,274 |
| 5000 SYMANTEC CORP | P | 2000-01-01 | 2013-04-19 | $97,983 | $27,023 | $27,023 | $70,960 |
| 5000 VERIZON COMMUNICATIONS | P | 2000-01-01 | 2013-12-31 | $229,973 | $67,173 | $67,173 | $162,800 |
| CALL REGIONS FINL CORP | P | 2013-08-22 | 2013-10-28 | $2,192 | $1,984 | $1,984 | $208 |
| CALL BANK AMER CORP COM | P | 2013-11-21 | 2013-12-02 | $15,986 | -$6,428 | -$6,428 | $22,414 |
| CALL APPLE INC COM | P | 2013-08-19 | 2013-12-24 | $20,993 | -$15,084 | -$15,084 | $36,077 |
| CALL HUMANA INC COM | P | 2012-11-06 | 2013-01-19 | $7,992 | $7,992 | $7,992 | |
| CALL DEVON ENERGY CO | P | 2012-11-06 | 2013-04-20 | $12,491 | $12,491 | $12,491 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $3,688,775 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $4,718,674 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $44,438,993 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.10618 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $6,164,730 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $47,029,232 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.13108 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $3,889,102 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $45,687,661 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.08512 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $2,676,384 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $39,021,022 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.06859 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $2,203,852 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $55,114,926 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.03999 | DistributionYr5Rt |
| Total Distribution | 0.43096 | TotalDistributionRt |
| Average Distribution | 0.08619 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $47,170,619 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $4,065,777 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $48,171 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $4,113,948 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $5,460,990 | 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 | $48,171 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $48,171 | SubtotalAmt |
| Tax Based On Investment Income | $48,171 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $46,174 | EstimatedPlusOvpmtIncmTxAmt |
| Applied To Es Tax | $20,000 | AppliedToEsTaxAmt |
| Total Payments And Credits | $66,174 | TotalPaymentsAndCreditsAmt |
| Overpayment | $18,003 | OverpaymentAmt |
| Applied To ES Tax | $18,003 | AppliedToESTaxAmt |
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 | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | TN | OrgReportOrRegisterStateCd |
| 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 |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JUDY MILLER | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6158462048 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 138 SECOND AVENUE NORTH SUITE 200 | AddressLine1 |
| City | NASHVILLE | City |
| State | TN | State |
| ZIP Code | 37201 | ZIPCode |
| 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 |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Undistr Incm Sect4942a2 Not App | false | UndistrIncmSect4942a2NotAppInd |
| Business Holdings | false | BusinessHoldingsInd |
| Excess Business Holdings | false | ExcessBusinessHoldingsInd |
| 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 |
| Transactions Fail To Qlfy As Exc | false | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | false | MaintainedExpenditureRspnsInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Proceeds Or Net Income | false | ProceedsOrNetIncomeInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (7 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|---|---|---|---|
| H CALISTER TURNER JR | ||||||
| 138 SECOND AVENUE NORTH | NASHVILLE | TN | 37201 | President | 1.00 | $0 |
| MARGARET B TURNER | ||||||
| 138 SECOND AVENUE NORTH | NASHVILLE | TN | 37201 | Vice President | 1.00 | $0 |
| HURLEY C TURNER III | ||||||
| 138 SECOND AVENUE NORTH | NASHVILLE | TN | 37201 | Treasurer | 1.00 | $0 |
| JENNIFER L TURNER | ||||||
| 138 SECOND AVENUE NORTH | NASHVILLE | TN | 37201 | Secretary | 1.00 | $0 |
| MARK EZELL | ||||||
| 138 SECOND AVENUE NORTH | NASHVILLE | TN | 37201 | Director | 1.00 | $0 |
| CABOT PYLE | ||||||
| 138 SECOND AVENUE NORTH | NASHVILLE | TN | 37201 | ASSISTANT SECT. | 1.00 | $0 |
| HAL CATO | ||||||
| 138 SECOND AVENUE NORTH | NASHVILLE | TN | 37021 | Director | 1.00 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE FAMILY OFFICE | BusinessNameLine1 |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 138 SECOND AVE N STE 200 | AddressLine1 |
| City | NASHVILLE | City |
| State | TN | State |
| ZIP Code | 37201 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | INVEST./PROF. FEES | ServiceTypeTxt |
| Compensation | $306,418 | CompensationAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $44,348,714 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $3,540,239 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $47,888,953 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $47,888,953 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $718,334 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $47,170,619 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $2,358,531 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $2,358,531 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $48,171 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $48,171 | TotalTaxAmt |
| Distributable Before Adj | $2,310,360 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $2,310,360 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $2,310,360 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $5,460,990 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $5,460,990 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $48,171 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $5,412,819 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $2,310,360 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr4 | $94,015 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $1,678,975 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $3,901,850 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $2,570,376 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $8,245,216 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $5,460,990 | QualifyingDistributionsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $2,310,360 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $3,150,630 | RemainingDistriFromCorpusAmt |
| Total Corpus | $11,395,846 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $11,395,846 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $94,015 | ExcessFromYear4Amt |
| Excess From Year3 | $1,678,975 | ExcessFromYear3Amt |
| Excess From Year2 | $3,901,850 | ExcessFromYear2Amt |
| Excess From Year1 | $2,570,376 | ExcessFromYear1Amt |
| Excess From Current Year | $3,150,630 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | H CALISTER TURNER JR | ContributingManagerNm |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | CABOT PYLE | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 138 SECOND AVENUE NORTH | AddressLine1 |
| City | NASHVILLE | City |
| State | TN | State |
| ZIP Code | 37201 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 6158462053 | RecipientPhoneNum |
| Form And Info And Materials | APPLICATION FORM PROVIDED BY THE FOUNDATION. INCLUDE: DOCUMENTATION OF TAX EXEMPT STATUS, LIST OF OFFICERS & DIRECTORS, MOST RECENT AUDITED FINANCIAL STATEMENT, INTERNAL FINANCIAL STATEMENTS & OPERATING BUDGET, PROJECTED BUDGET. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | NONE | SubmissionDeadlinesTxt |
| Restrictions On Awards | NO GRANTS FOR: INDIVIDUALS, LOANS, TRAVEL OR SEMINARS, GOVERNMENT AGENCIES, POLITICAL PURPOSES, DINNER EVENTS, OTHER PRIVATE FOUNDATIONS, TELETHONS. | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | SEE ATTACHMENT A | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | VARIOUS | AddressLine1 |
| City | VARIOUS | City |
| State | TN | State |
| ZIP Code | 37201 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | NONE | RecipientRelationshipTxt |
| Recipient Foundation Status | PUBLIC | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | FOR SUPPORT OF ONGOING CHARITABLE ACTIVITIES. | GrantOrContributionPurposeTxt |
| Amt | $5,369,193 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $5,369,193 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | SEE ATTACHMENT B | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | VARIOUS | AddressLine1 |
| City | VARIOUS | City |
| State | TN | State |
| ZIP Code | 37201 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | NONE | RecipientRelationshipTxt |
| Recipient Foundation Status | PUBLIC | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | FOR SUPPORT OF ONGOING CHARITABLE ACTIVITIES. | GrantOrContributionPurposeTxt |
| Amt | $6,804,300 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $6,804,300 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $912,746 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $797,958 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $3,688,583 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (5 entries)
| DescDesc | BusinessBusinessCd | Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|---|---|
| 7/6 INVESTMENT K-1 | 211110 | -$42,220 | 14 | $80,446 |
| BEDELIA STREET K-1 | 14 | $13 | ||
| COVENANT APT. FUND VI | 14 | -$1,777 | ||
| DG STORE III, LP | 531120 | -$2,335 | 14 | $6,746 |
| TD REAL ESTATE LP | 14 | $30,321 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | -$44,555 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $5,515,036 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $5,470,481 | 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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $127,897 | Amt |
| Net Investment Income | $46,122 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $81,775 | DisbursementsCharitablePrpsAmt |
Contractor Compensation Expln ContractorCompensationExpln
Contractor Comp Expln ContractorCompExplnGrp
Contractor Business Name ContractorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE FAMILY OFFICE | BusinessNameLine1 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | AINTREE CAPITAL | StockNm |
| EOY Book Value | $4,364,459 | EOYBookValueAmt |
| EOYFMV | $4,827,585 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (7 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| BEDELIA STREET PARTNERS, LP | AT COST | $4,009,720 | $2,825,953 |
| TURSON, LP | AT COST | $27,063,033 | $26,296,562 |
| 7/6 INVESTMENT P'SHIP | AT COST | $10,807,556 | $9,584,713 |
| HCTS CASH MANAGEMENT PARTNERSHIP | AT COST | $1,808,789 | $1,374,316 |
| COVENANT APARTMENT FUND VI, LP | AT COST | $214,505 | $220,341 |
| DG STORE III, LP | AT COST | $67,932 | $692,340 |
| TD REAL ESTATE LP | AT COST | $829,690 | $690,721 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $629 | LegalFeesAmt |
| Net Investment Income | $629 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Mortgages And Notes Payable Sch MortgagesAndNotesPayableSch
Note Payable NotePayableGrp
Lender Name LenderNameGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | BANK OF AMERICA | PersonNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Insider Relationship | THIRD PARTY LENDER | InsiderRelationshipTxt |
| Loan Original | $3,000,000 | LoanOriginalAmt |
| Note | 2005-12 | NoteDt |
| Loan Maturity | 2007-03 | LoanMaturityDt |
| Repayment Terms | LUMP SUM IN ONE YEAR | RepaymentTermsTxt |
| Security Provided Borrower | 225,000 SHS DOLLAR GENERAL STK | SecurityProvidedBorrowerTxt |
| Loan Purpose | SATISFY CHARITABLE COMMITTMENT | LoanPurposeTxt |
| Lender Consideration | CASH | LenderConsiderationDesc |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (12 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| BROKERAGE FEES | $218,991 | $218,991 | |
| DUES & MEMBERSHIPS | $6,330 | $6,330 | |
| FOOD & BEVERAGE | $620 | $217 | $403 |
| K-1: 7/6 INVESTMENT PARTNERSHIP | $164,419 | $164,150 | |
| K-1: 7/6 INVESTMENT P'SHIP-CHARITABLE | $23 | $23 | |
| K-1: BEDELIA STREET | $19,024 | $18,982 | |
| K-1: HCTS CASH MANAGEMENT P'SHIP | $6,074 | $6,029 | |
| K-1: TD REAL ESTATE LP | $3,439 | $3,276 | |
| K-1: TURSON, LP | $163,835 | $161,024 | |
| MISCELLANEOUS | $531 | $183 | $348 |
| OFFICE SUPPLIES | $1,740 | $84 | $1,656 |
| SEMINARS, BOOKS, EDUCATION | $1,941 | $679 | $1,262 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| 7/6 INVESTMENT K-1 | $38,226 | $80,446 |
| BEDELIA STREET K-1 | $13 | $13 |
| COVENANT APT. FUND VI | -$1,777 | -$1,777 |
| DG STORE III, LP | $4,411 | $6,746 |
| TD REAL ESTATE LP | $30,321 | $30,321 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| FEDERAL INCOME TAX | $10,000 | |
| FOREIGN TAX PAID | $22,952 | $22,952 |
| STATE INCOME TAX | $4,932 | $4,932 |
Comments