CHISHOLM FOUNDATION: Form 990PF, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- CHISHOLM FOUNDATION (EIN 64-6014272)
- Tax period
- 2013-01-01 to 2013-12-31
- Filed
- 2014-05-14
- IRS object ID
- 201421349349101697
- 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
- Schedule B
- Accounting Fees Schedule
- All Oth Prog Rltd Investments Sch
- Depreciation Schedule
- Investments Corp Stock Schedule
- Investments Land Schedule2
- Land Etc Schedule2
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2014-05-14T13:00:03-05:00 | ReturnTs |
| Tax Period End | 2013-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WITHUMSMITHBROWN PC | BusinessNameLine1 |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1411 BROADWAY 9TH FLOOR | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 10018 | 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 | 646014272 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE CHISHOLM FOUNDATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % THE FOUNDATION | InCareOfNm |
| Business Name Control | CHIS | BusinessNameControlTxt |
| Phone | 6014263378 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 544 CENTRAL AVENUE | AddressLine1 |
| Address Line2 | Suite | AddressLine2 |
| City | LAUREL | City |
| State | MS | State |
| ZIP Code | 39440 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JOHN L LINDSEY | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 2127519100 | PhoneNum |
| Signature | 2014-05-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MICHAEL STALLONE CPA | PreparerPersonNm |
| Phone | 2127519100 | 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 | $33,143,859 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $864,000 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $17 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $17 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $217,878 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $217,878 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $3,113,243 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $10,305,889 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $3,113,243 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $8,202 | OtherIncomeRevAndExpnssAmt |
| Other Income Adj Net Incm | $8,202 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $4,203,340 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $3,331,138 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $8,202 | TotalAdjNetIncmAmt |
| Accounting Fees Rev And Expnss | $4,570 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $4,570 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $326,496 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $96,665 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $229,831 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $16,096 | TaxesRevAndExpnssAmt |
| Trav Conf Meeting Rev And Expnss | $1,605 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $1,605 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $123,904 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Adj Net Incm | $7,623 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $116,281 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $472,671 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $96,665 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $7,623 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $352,287 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $2,088,800 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $2,088,800 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $2,561,471 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $96,665 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $7,623 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $2,441,087 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $1,641,869 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $3,234,473 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $579 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $17,340 | CashBOYAmt |
| Cash EOY | $11,039 | CashEOYAmt |
| Cash EOYFMV | $11,039 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $447,230 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $632,017 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $632,017 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $18,852,124 | CorporateStockBOYAmt |
| Corporate Stock EOY | $19,101,183 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $32,500,803 | CorporateStockEOYFMVAmt |
| Total Assets BOY | $19,316,694 | TotalAssetsBOYAmt |
| Total Assets EOY | $19,744,239 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $33,143,859 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | $19,316,694 | CapitalStockBOYAmt |
| Capital Stock EOY | $19,744,239 | CapitalStockEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $19,316,694 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $19,744,239 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $19,316,694 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $19,744,239 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $19,316,694 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $1,641,869 | ExcessRevenueOverExpensesAmt |
| Subtotal | $20,958,563 | SubtotalAmt |
| Other Decreases | $1,214,324 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $19,744,239 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|
| MORGEN STANLEY - SEE ATTACHED | $2,199,935 | $2,160,794 | $39,141 | $39,141 |
| MORGEN STANLEY - SEE ATTACHED | $2,753,520 | $2,440,233 | $313,287 | $313,287 |
| MORGEN STANLEY - SEE ATTACHED | $5,352,434 | $2,591,619 | $2,760,815 | $2,760,815 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $3,113,243 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $2,068,012 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $24,674,818 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.083811 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $2,051,891 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $23,226,726 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.088342 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $1,853,147 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $20,712,159 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.089471 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $1,385,381 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $19,792,641 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.069995 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $2,266,653 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $25,503,755 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.088875 | DistributionYr5Rt |
| Total Distribution | 0.420494 | TotalDistributionRt |
| Average Distribution | 0.084099 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $28,609,004 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $2,405,989 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $32,345 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $2,438,334 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $2,441,087 | 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 | $32,345 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $32,345 | SubtotalAmt |
| Tax Based On Investment Income | $32,345 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $14,924 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $14,924 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $379 | EsPenaltyAmt |
| Tax Due | $17,800 | TaxDueAmt |
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 | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | NY | 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 | http://chisholmfoundation.org | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE FOUNDATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6014263378 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 544 CENTRAL AVENUE | AddressLine1 |
| City | LAUREL | City |
| State | MS | State |
| ZIP Code | 39440 | 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 | Yes (true) | 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 |
| Business Holdings | false | BusinessHoldingsInd |
| 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 |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SEE SCHEDULE ATTACHED | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 544 CENTRAL AVENUE | AddressLine1 |
| City | LAUREL | City |
| State | MS | State |
| ZIP Code | 39440 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | SEE SCHEDULE ATTACHED | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 10.0 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $0 | CompensationAmt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EDGEWOOD MANAGEMENT LLC | BusinessNameLine1 |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 350 PARK AVENUE 18TH FLOOR | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 10022 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | INVESTMENT ADVISOR | ServiceTypeTxt |
| Compensation | $326,366 | CompensationAmt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | NONE | Description1Txt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | NONE | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $28,357,997 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $686,677 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $29,044,674 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $29,044,674 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $435,670 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $28,609,004 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,430,450 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,430,450 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $32,345 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $32,345 | TotalTaxAmt |
| Distributable Before Adj | $1,398,105 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $1,398,105 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $1,398,105 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $2,441,087 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $2,441,087 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $32,345 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $2,408,742 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,398,105 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Prior Year1 | 2011 | PriorYear1Yr |
| Prior Year2 | 2010 | PriorYear2Yr |
| Prior Year3 | 2009 | PriorYear3Yr |
| Excess Distribution Cyov Yr2 | $1,937 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $74,217 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $76,154 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $2,441,087 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Treated As Distri From Corpus | $864,000 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $1,398,105 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $178,982 | RemainingDistriFromCorpusAmt |
| Total Corpus | $1,119,136 | TotalCorpusAmt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $864,000 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov To Next Yr | $255,136 | ExcessDistriCyovToNextYrAmt |
| Excess From Year2 | $1,937 | ExcessFromYear2Amt |
| Excess From Year1 | $74,217 | ExcessFromYear1Amt |
| Excess From Current Year | $178,982 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | NONE | ContributingManagerNm |
| Shareholder Manager | NONE | ShareholderManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SEE SCHEDULE ATTACHED | BusinessNameLine1 |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 554 CENTRAL AVENUE | AddressLine1 |
| City | LAUREL | City |
| State | MS | State |
| ZIP Code | 39440 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | N/A | RecipientRelationshipTxt |
| Recipient Foundation Status | PUBLIC | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | UNRESTRICTED | GrantOrContributionPurposeTxt |
| Amt | $2,088,800 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $2,088,800 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp |
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $17 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $217,878 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Incm Part VII | OtherInvestmentIncmPartVIIGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $3,113,243 | ExclusionAmt |
Net Income Loss From Special Evt NetIncomeLossFromSpecialEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 01 | ExclusionCd |
| Exclusion | $8,202 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $3,339,340 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $3,339,340 | 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 |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (2 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1 | CityContributorUSAddress/City | StateContributorUSAddress/State | ZIP CodeContributorUSAddress/ZIPCode | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd |
|---|---|---|---|---|---|---|
| MARGARET A CHISHOLM CHARITABLE TRUS | ||||||
| 1 | 544 CENTRAL AVENUE | LAUREL | MS | 39440 | $414,000 | Yes (X) |
| MARGARET A CHISHOLM CHARITABLE TRUS | ||||||
| 2 | 544 CENTRAL AVENUE | LAUREL | MS | 39440 | $450,000 | Yes (X) |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | TAX PREPARATION FEE | CategoryTxt |
| Amt | $4,570 | Amt |
| Disbursements Charitable Prps | $4,570 | DisbursementsCharitablePrpsAmt |
All Oth Prog Rltd Investments Sch AllOthProgRltdInvestmentsSch
All Other Program Related Invst AllOtherProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | NONE | Desc |
Depreciation Schedule DepreciationSchedule
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | SEE SCHEDULE ATTACHED | StockNm |
| EOY Book Value | $19,101,183 | EOYBookValueAmt |
| EOYFMV | $32,500,803 | EOYFMVAmt |
Investments Land Schedule2 InvestmentsLandSchedule2
Land Etc Schedule2 LandEtcSchedule2
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | ADJUSTMENT DUE TO CHANGE IN LOTS | Description |
| Amount | $1,214,324 | Amount |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (8 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| NYS FILING FEE | $750 | $750 | |
| ASSOCIATION DUES | $1,200 | $1,200 | |
| TELEPHONE | $1,189 | $1,189 | |
| POSTAGE | $632 | $632 | |
| OFFICE SUPPLIES | $490 | $490 | |
| SECRETARIAL EXPENSE | $43,339 | $43,339 | |
| BANK CHARGES | $75 | $75 | |
| STORY PRIZE EXPENSES | $76,229 | $68,606 | $7,623 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | GROSS INCOME FROM SPECIAL EVENTS | Desc |
| Revenue And Expenses Per Books | $8,202 | RevenueAndExpensesPerBooksAmt |
| Adjusted Net Income | $8,202 | AdjustedNetIncomeAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| EDGEWOOD: INVESTMENT MGMT FEE | $96,665 | $96,665 | |
| EDGEWOOD: CHARITABLE MGMT FEE | $229,701 | $229,701 | |
| LEGAL FEES | $130 | $130 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt |
|---|---|
| U.S. EXCISE TAX FOR 2012 | $1,172 |
| ESTIMATED TAX FOR 2013 | $14,924 |
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