BETA

W C PAYNE FOUNDATION: Form 990PF, tax year 2013

View the entire original 990 at ProPublica ↗

Organization
W C PAYNE FOUNDATION (EIN 83-0343851)
Tax period
2013-01-01 to 2013-12-31
Filed
2014-03-10
IRS object ID
201430699349100508
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 ReturnHeader

FieldValueIRS element (for citing)
Return2014-03-10T13:24:48-07:00ReturnTs
Tax Period End2013-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Raymond E Robins CPABusinessNameLine1

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line17005 N RobinsonAddressLine1
CityOklahoma CityCity
StateOKState
ZIP Code73116ZIPCode
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2013-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN830343851EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1W C PAYNE FOUNDATIONBusinessNameLine1
FieldValueIRS element (for citing)
Business Name ControlWCPABusinessNameControlTxt
Phone4058439419PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11601 WESTMINISTERAddressLine1
CityOklahoma CityCity
StateOKState
ZIP Code73120ZIPCode

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonW C PAYNEPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone4058439419PhoneNum
Signature2014-03-06SignatureDt

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonRAYMOND E ROBINSPreparerPersonNm
Phone4058439419PhoneNum
Preparation2014-03-10PreparationDt
FieldValueIRS element (for citing)
Tax2013TaxYr
Build TS2015-12-30 17:16:21ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$3,664,809FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$176InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$176InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$129,038DividendsRevAndExpnssAmt
Dividends Net Invst Incm$129,038DividendsNetInvstIncmAmt
Cap Gain Net Incm Net Invst Incm$0CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss$21,614OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm$21,614OtherIncomeNetInvstIncmAmt
Total Rev And Expnss$150,828TotalRevAndExpnssAmt
Total Net Invst Incm$150,828TotalNetInvstIncmAmt
Taxes Rev And Expnss$97TaxesRevAndExpnssAmt
Taxes Net Invst Incm$97TaxesNetInvstIncmAmt
Taxes Dsbrs Chrtbl$97TaxesDsbrsChrtblAmt
Other Expenses Rev And Expnss$0OtherExpensesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$97TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$97TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$97TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$143,010ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$143,010ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$143,107TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$97TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$143,107TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$7,721ExcessRevenueOverExpensesAmt
Net Investment Income$150,731NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$78,203SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$64,375SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$67,375SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$1,506,222CorporateStockBOYAmt
Corporate Stock EOY$1,527,771CorporateStockEOYAmt
Corporate Stock EOYFMV$3,597,434CorporateStockEOYFMVAmt
Total Assets BOY$1,584,425TotalAssetsBOYAmt
Total Assets EOY$1,592,146TotalAssetsEOYAmt
Total Assets EOYFMV$3,664,809TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Retained Earning BOY$1,584,425RetainedEarningBOYAmt
Retained Earning EOY$1,592,146RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$1,584,425TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$1,592,146TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$1,584,425TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$1,592,146TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$1,584,425TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$7,721ExcessRevenueOverExpensesAmt
Subtotal$1,592,146SubtotalAmt
Tot Net Ast Or Fund Balances EOY$1,592,146TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$120,849AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$2,854,798NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.042332DistributionYr1Rt
Adjusted Qlfy Distri Yr2$112,118AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$2,494,673NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.044943DistributionYr2Rt
Adjusted Qlfy Distri Yr3$93,890AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$2,238,214NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.041949DistributionYr3Rt
Adjusted Qlfy Distri Yr4$93,850AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$1,880,086NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.049918DistributionYr4Rt
Adjusted Qlfy Distri Yr5$119,777AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$2,073,472NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.057766DistributionYr5Rt
Total Distribution0.236908TotalDistributionRt
Average Distribution0.047382AverageDistributionRt
Net Vl Noncharitable Assets$3,378,827NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$160,096AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$1,507NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$161,603AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$143,107QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$3,015InvestmentIncomeExciseTaxAmt
Tax Under Section511$0TaxUnderSection511Amt
Subtotal$3,015SubtotalAmt
Tax Based On Investment Income$3,015TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$2,000EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$2,000TotalPaymentsAndCreditsAmt
Original Return Tax Paid$2,000OriginalReturnTaxPaidAmt
Tax Due$1,015TaxDueAmt
Applied To ES Tax$0AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
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 AddressNoneWebsiteAddressTxt
Individual With BooksW C PAYNEIndividualWithBooksNm
Phone4058439419PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line17005 N ROBINSONAddressLine1
CityOKLAHOMA CITYCity
StateOKState
ZIP Code731169044ZIPCode
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/AddressLine1CityUSAddress/CityStateUSAddress/StateZIP CodeUSAddress/ZIPCodeTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
W C PAYNE
1610 WESTMINISTERCityOK73112President & Director2.00$0$0$0
JOAN N PAYNE
1610 WESTMINISTEROKCOK73112Secretary & Director2.00$0$0$0
WILLIAM G PAYNE
6446 ABERDEEN AVEDALLASTX75230Treasurer & Director1.00$0$0$0
CAROLINE P YOUNG
12401 DUTCH FORESTEDMONDOK73013Director1.00$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$3,330,805AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$99,476AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$3,430,281TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$3,430,281AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$51,454CashDeemedCharitableAmt
Net Vl Noncharitable Assets$3,378,827NetVlNoncharitableAssetsAmt
Minimum Investment Return$168,941MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$168,941MinimumInvestmentReturnAmt
Tax Based On Investment Income$3,015TaxBasedOnInvestmentIncomeAmt
Total Tax$3,015TotalTaxAmt
Distributable Before Adj$165,926DistributableBeforeAdjAmt
Distributable Before Ded$165,926DistributableBeforeDedAmt
Distributable As Adjusted$165,926DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$143,107ExpensesAndContributionsAmt
Qualifying Distributions$143,107QualifyingDistributionsAmt
Adjusted Qualifying Distri$143,107AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$165,926DistributableAsAdjustedAmt
Undistributed Income PY$141,996UndistributedIncomePYAmt
Qualifying Distributions$143,107QualifyingDistributionsAmt
Applied To Year1$141,996AppliedToYear1Amt
Applied To Current Year$1,111AppliedToCurrentYearAmt
Undistributed Income CY$164,815UndistributedIncomeCYAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerNONEContributingManagerNm
Shareholder ManagerNONEShareholderManagerNm

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonW C PAYNE FOUNDATIONRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line17210 WaverlyAddressLine1
CityOklahoma CityCity
StateOKState
ZIP Code73120ZIPCode
FieldValueIRS element (for citing)
Recipient Phone4058439419RecipientPhoneNum
Form And Info And MaterialsNO SPECIFIC FORM HAS BEEN DEVELOPEDFormAndInfoAndMaterialsTxt
Submission DeadlinesNONESubmissionDeadlinesTxt
Restrictions On AwardsNONERestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (25 entries)

Address Line1RecipientUSAddress/AddressLine1CityRecipientUSAddress/CityStateRecipientUSAddress/StateZIP CodeRecipientUSAddress/ZIPCodeRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
NICHOLS HILLS UMC
1212 Bedford DrNICHOLS HILLSOK73112501 3COperations$42,000
YMCA CAPITAL CAMPAIGN
2460 NW 38THOKLAHOMA CITYOK73112501 3COperations$2,500
Hearts for Hearing
3525 NW 56th StOKCOK73112501 3COperations$0
Shepherd Spinal Clinic
2020 Peachtree Rd NWAtlantaGA30309501 3COperations$10,000
Special Care Inc
12201 N WesternOKCOK73114501 3COperations$40,000
WESTMINISTER CHURCH
4400 N SHARTELOKLAHOMA CITYOK73118501 3COperations$0
THE SALVATION ARMY
511 SW 5THOKCOK73102501 3COperations$5,000
World Neighbors
4127 NW 122Oklahoma CityOK73120501 3COperations$0
INTEGRIS HOSPICE
13920 QUAILBROOK DROKLAHOMA CITYOK73134501 3COperations$0
Oklahoma City Museum of Art
415 Couch DrOKCOK73102501 3COperations$6,100
Nichols Hills Parks
6407 AvondaleOKLAHOMA CITYOK73116501 3COperations$0
Keystone Adventure School
19201 N WesternEdmondOK73012501 3COperations$15,000
LAMPLIGHTER SCHOOL
11611 INWOOD RDDALLASTX75229501 3CCampus Development$0
Habitat for Humanity
1025 N BroadwayOKLAHOMA CITYOK73102501 3COperations$1,000
UNIVERSITY OF OKLAHOMA
100 TIMBERDELL ROADNORMANOK73019501 3CENDOWMENT$500
MD ANDERSON CANCER CENTER
P O BOX 301439HOUSTONTX77230501 3COPERATIONS$1,000
The Heritage Foundation
214 Massachusetts AVE NEWashingtonDC20002501 3COPERATIONS$10,000
PRESBYTERIAN HEALTH FOUD
655 RESEARCH PARK WAYOKLAHOMA CITYOK73104501 3COPERATIONS$0
JESSE HELMS FOUNDATION
P O BOX 247WINGATENC28174501 3COPERATIONS$0
Harvard Business School
Soldiers FieldBostonMA02163501 3COperations$0
GEORGE MASON UNIVESITY
4400 UNIVERSITY DRIVEFAIRFAXVA22030501 3COPERATIONS$3,000
Oklahoma Council of Public Affairs
1401 N Lincoln BlvdOklahoma CityOK73104501 3COPERATIONS$5,000
CAPITAL RESEARCH CENTER
1513 16th St NWWASHINGTONDC20036501 3COPERATIONS$500
TORREY PINES HIGH SCHOOL FOUNDATION
3710 Del Mar Heights RdSAN DIEGOCA92130501 3COPERATIONS$1,310
AMERICAN CANCER SOCIETY
PO Box 22718OKLAHOMA CITYOK73123501 3COPERATIONS$100
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$143,010TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$176ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$129,038ExclusionAmt

Net Rental Income Personal Prop NetRentalIncomePersonalPropGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$21,614ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$150,828ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$150,828TotalIncomeProducingActyAmt

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

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (9 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
NORDIC AMERICAN TANKER$189,475$48,500
Altria Group$112,590$370,900
KRAFT$46,430$133,712
BP PLC$277,903$243,250
Meridian Bioscience, Inc.$37,329$296,325
Pfizer Corp$166,050$155,400
Phillip Morris International$256,558$838,500
Magellan Midstream$355,548$1,258,600
Mondelez$85,888$252,247

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDesc
Bank Charges
Other Expenses

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

FieldValueIRS element (for citing)
DescMagellan MidstreamDesc
Revenue And Expenses Per Books$21,614RevenueAndExpensesPerBooksAmt
Net Investment Income$21,614NetInvestmentIncomeAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryNon DeductibleCategoryTxt
Amt$97Amt
Net Investment Income$97NetInvestmentIncomeAmt
Disbursements Charitable Prps$97DisbursementsCharitablePrpsAmt

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.