PAUL T BENTON CHARITABLE TRUST: Form 990PF, tax year 2012

View the entire original 990 at ProPublica ↗

Organization
PAUL T BENTON CHARITABLE TRUST (EIN 64-6222377)
Tax period
2012-01-01 to 2012-12-31
Filed
2013-08-13
IRS object ID
201302259349100140
Schema version
2012v2.1
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)
Timestamp2013-08-13T14:58:19-05:00Timestamp
Tax Period End Date2012-12-31TaxPeriodEndDate

Preparer Firm PreparerFirm

FieldValueIRS element (for citing)
EIN640903390EIN

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1GRANTHAM POOLE ET AL PLLCBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line11062 HIGHLAND COLONY PRKWY STE 201AddressLine1
CityRIDGELANDCity
StateMSState
ZIP Code39157ZIPCode
FieldValueIRS element (for citing)
Return Type990PFReturnType
Tax Period Begin Date2012-01-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN646222377EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1PAUL T BENTON CHARITABLE TRUSTBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlBENTNameControl
Phone2284320305Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line1P O BOX 1341AddressLine1
CityBILOXICity
StateMSState
ZIP Code395331341ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NamePAUL T BENTONName
TitleTRUSTEETitle
Phone2284320305Phone
Date Signed2013-08-12DateSigned
Authorize Third Party1AuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameMELANIE S WOODRICK CPAName
PTINP00220989PTIN
Phone6014992400Phone
Date Prepared2013-08-08DatePrepared
FieldValueIRS element (for citing)
Tax Year2012TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Exempt PFXExemptPF
FMV Assets EOY44359FMVAssetsEOY
Method Of Accounting CashXMethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Received Rev And Expnss47500ContriReceivedRevAndExpnss
Dividends Rev And Expnss448DividendsRevAndExpnss
Dividends Net Invst Incm448DividendsNetInvstIncm
Net Gain Sale Assets Rev And Expnss185NetGainSaleAssetsRevAndExpnss
Gross Sales Price852GrossSalesPrice
Capital Gain Net Incm Net Invst Incm185CapitalGainNetIncmNetInvstIncm
Total Revenue And Expenses48133TotalRevenueAndExpenses
Total Net Investment Income633TotalNetInvestmentIncome
Total Adjusted Net Income0TotalAdjustedNetIncome
Comp Ofcr Dir Trst Rev And Expnss0CompOfcrDirTrstRevAndExpnss
Comp Ofcr Dir Trst Net Invst Incm0CompOfcrDirTrstNetInvstIncm
Comp Ofcr Dir Trst Adj Net Incm0CompOfcrDirTrstAdjNetIncm
Comp Ofcr Dir Trst Dsbrs Chrtbl Prps0CompOfcrDirTrstDsbrsChrtblPrps
Other Expenses Rev And Expnss470OtherExpensesRevAndExpnss
Other Expenses Net Invst Incm0OtherExpensesNetInvstIncm
Other Expenses Adj Net Incm0OtherExpensesAdjNetIncm
Other Expenses Dsbrs Chrtbl Prps0OtherExpensesDsbrsChrtblPrps
Tot Opr Expenses Rev And Expnss470TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm0TotOprExpensesNetInvstIncm
Tot Opr Expenses Adj Net Incm0TotOprExpensesAdjNetIncm
Tot Opr Expenses Dsbrs Chrtbl Prps0TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss47484ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps47484ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss47954TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm0TotalExpensesNetInvstIncm
Total Expenses Adj Net Incm0TotalExpensesAdjNetIncm
Total Expenses Dsbrs Chrtbl Prps47484TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses179ExcessOfRevenueOverExpenses
Net Investment Income633NetInvestmentIncome
Adjusted Net Income0AdjustedNetIncome

Balance Sheets BalanceSheets

FieldValueIRS element (for citing)
Savings And Temp Cash Invst BOY40683SavingsAndTempCashInvstBOY
Savings And Temp Cash Invst EOY40862SavingsAndTempCashInvstEOY
Savings And Temp Cash Invst EOYFMV44359SavingsAndTempCashInvstEOYFMV
Total Assets BOY40683TotalAssetsBOY
Total Assets EOY40862TotalAssetsEOY
Total Assets EOYFMV44359TotalAssetsEOYFMV
Total Liabilities BOY0TotalLiabilitiesBOY
Total Liabilities EOY0TotalLiabilitiesEOY
Org That Do Not Follow SFAS117XOrgThatDoNotFollowSFAS117
Capital Stock BOY100000CapitalStockBOY
Capital Stock EOY100000CapitalStockEOY
Paid In Or Capital Surplus BOY0PaidInOrCapitalSurplusBOY
Paid In Or Capital Surplus EOY0PaidInOrCapitalSurplusEOY
Retained Earnings BOY-59317RetainedEarningsBOY
Retained Earnings EOY-59138RetainedEarningsEOY
Total Net Assets BOY40683TotalNetAssetsBOY
Total Net Assets EOY40862TotalNetAssetsEOY
Total Liabilities Net Assets BOY40683TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY40862TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

FieldValueIRS element (for citing)
Total Net Assets Fund Balances BOY40683TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses179ExcessOfRevenueOverExpenses
Other Increases0OtherIncreases
Subtotal40862Subtotal
Other Decreases0OtherDecreases
Total Net Assets Fund Balances EOY40862TotalNetAssetsFundBalancesEOY

Capital Gains And Losses CapitalGainsAndLosses

Capital Gains And Losses Info CapitalGainsAndLossesInfo

FieldValueIRS element (for citing)
Description Of AssetSEI LARGE CAP GROWTH FUNDDescriptionOfAsset
How AcquiredPHowAcquired
Date Acquired2002-01-10DateAcquired
Date Sold2012-04-09DateSold
Gross Sales Price852GrossSalesPrice
Cost Or Other Basis667CostOrOtherBasis
Gain Or Loss185GainOrLoss
Gains Minus Excess Or Losses185GainsMinusExcessOrLosses
FieldValueIRS element (for citing)
Capital Gain Net Income185CapitalGainNetIncome

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

FieldValueIRS element (for citing)
Liable For4942 Tax0LiableFor4942Tax
Qualifying Distributions Year1195642QualifyingDistributionsYear1
Noncharitable Assets Year145091NoncharitableAssetsYear1
Distribution Ratio Year14.338826DistributionRatioYear1
Qualifying Distributions Year2154997QualifyingDistributionsYear2
Noncharitable Assets Year241100NoncharitableAssetsYear2
Distribution Ratio Year23.771217DistributionRatioYear2
Qualifying Distributions Year3403187QualifyingDistributionsYear3
Noncharitable Assets Year347083NoncharitableAssetsYear3
Distribution Ratio Year38.563324DistributionRatioYear3
Qualifying Distributions Year4614805QualifyingDistributionsYear4
Noncharitable Assets Year477952NoncharitableAssetsYear4
Distribution Ratio Year47.886969DistributionRatioYear4
Qualifying Distributions Year5292769QualifyingDistributionsYear5
Noncharitable Assets Year560640NoncharitableAssetsYear5
Distribution Ratio Year54.827985DistributionRatioYear5
Total Distribution Ratio29.388321TotalDistributionRatio
Average Distribution Ratio5.877664AverageDistributionRatio
Net Noncharitable Assets49151NetNoncharitableAssets
Adjusted Noncharitable Assets288893AdjustedNoncharitableAssets
One Percent Net Investment Income6OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One288899AdjNonchrtblAssetsAndOnePct
Qualifying Distributions47484QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

FieldValueIRS element (for citing)
Investment Income Excise Tax13InvestmentIncomeExciseTax
Tax Under Section5110TaxUnderSection511
Subtotal13Subtotal
Subtitle A Tax0SubtitleATax
Tax Based On Investment Income13TaxBasedOnInvestmentIncome
Est Tax Payments And Overpayment48EstTaxPaymentsAndOverpayment
Total Credits And Payments48TotalCreditsAndPayments
Overpayment35Overpayment
Amount Credited To Next Year35AmountCreditedToNextYear
Amount To Be Refunded0AmountToBeRefunded

Statements Regarding Activities StatementsRegardingActivities

FieldValueIRS element (for citing)
Legislative Political Activities0LegislativePoliticalActivities
More Than100 Spent0MoreThan100Spent
Form1120 POL Filed0Form1120POLFiled
Sect4955 Tax On Organization0Sect4955TaxOnOrganization
Sect4955 Tax On Managers0Sect4955TaxOnManagers
Reimbursement Of Tax0ReimbursementOfTax
Activities Not Prev Reported0ActivitiesNotPrevReported
Changes To Articles Or Bylaws0ChangesToArticlesOrBylaws
Unrelated Bus Income Over10000UnrelatedBusIncomeOver1000
Termination Etc0TerminationEtc
Requirements Of Sect508e1RequirementsOfSect508e
At Least5000 In Assets1AtLeast5000InAssets
States Filed WithMSStatesFiledWith
Form990 PF Filed With AG1Form990PFFiledWithAG
Private Operating Foundation0PrivateOperatingFoundation
New Substantial Contributors0NewSubstantialContributors
Interest In Controlled Entity0InterestInControlledEntity
Applicable Insurance Contract0ApplicableInsuranceContract
Comply With Public Inspection Rqr1ComplyWithPublicInspectionRqr
Website AddressN/AWebsiteAddress
Books In Care Of Person NamePAUL T BENTONBooksInCareOfPersonName
Books In Care Of Phone Number2284320305BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

FieldValueIRS element (for citing)
Address Line1181 MAIN STREETAddressLine1
CityBILOXICity
StateMSState
ZIP Code39530ZIPCode
FieldValueIRS element (for citing)
Foreign Bank0ForeignBank

Statements Regarding Acty4720 StatementsRegardingActy4720

FieldValueIRS element (for citing)
Sale Or Exchange With Dsqfly Person0SaleOrExchangeWithDsqflyPerson
Borrow Or Lend With Dsqfly Person0BorrowOrLendWithDsqflyPerson
Furnished Goods With Dsqfly Person0FurnishedGoodsWithDsqflyPerson
Pay Compensation To Dsqfly Person0PayCompensationToDsqflyPerson
Transfer Assets To Dsqfly Person0TransferAssetsToDsqflyPerson
Payment To Government Offical0PaymentToGovernmentOffical
Uncorrected Prior Acts0UncorrectedPriorActs
Undistributed Income Prior Years0UndistributedIncomePriorYears
Business Holdings0BusinessHoldings
Jeopardy Investments0JeopardyInvestments
Uncorrected Jeopardy Investments0UncorrectedJeopardyInvestments
Influence Legislation0InfluenceLegislation
Influence Election0InfluenceElection
Grants To Individuals0GrantsToIndividuals
Grants To Organizations0GrantsToOrganizations
Noncharitable Purpose0NoncharitablePurpose
Rcv Funds To Pay Prsnl Bnft Contract0RcvFundsToPayPrsnlBnftContract
Pay Premiums Prsnl Bnft Contract0PayPremiumsPrsnlBnftContract
Prohibited Tax Shelter Transactn0ProhibitedTaxShelterTransactn

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee

FieldValueIRS element (for citing)
Person NamePAUL T BENTONPersonName

US Address USAddress

FieldValueIRS element (for citing)
Address Line1181 MAIN STREETAddressLine1
CityBILOXICity
StateMSState
ZIP Code39530ZIPCode
FieldValueIRS element (for citing)
TitleTRUSTEETitle
Avg Hours Per Wk Devoted To Position5.00AvgHoursPerWkDevotedToPosition
Compensation0Compensation
Contri To Empl Benefit Plans Etc0ContriToEmplBenefitPlansEtc
Expense Account Other Allowances0ExpenseAccountOtherAllowances
FieldValueIRS element (for citing)
Comp Of Highest Paid Empl NONENONECompOfHighestPaidEmplNONE
Tot Number Of Oth Empl Paid Over50k0TotNumberOfOthEmplPaidOver50k
Comp Of Hghst Paid Cntrct NONENONECompOfHghstPaidCntrctNONE
Tot Number Of Cntrct Paid Over50k0TotNumberOfCntrctPaidOver50k

Sum Of Program Related Investments SumOfProgramRelatedInvestments

FieldValueIRS element (for citing)
Total0Total

Minimum Investment Return MinimumInvestmentReturn

FieldValueIRS element (for citing)
Avg Monthly FMV Of Securities41344AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances8556AvgMonthlyCashBalances
FMV All Other Noncharitable Assets0FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets49900TotalFMVOfUnusedAssets
Reduction Claimed0ReductionClaimed
Acquisition Indebtedness0AcquisitionIndebtedness
Adj Total FMV Of Unused Assets49900AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable749CashDeemedCharitable
Net Noncharitable Assets49151NetNoncharitableAssets
Minimum Investment Return2458MinimumInvestmentReturn

Distributable DistributableAmount

FieldValueIRS element (for citing)
Minimum Investment Return2458MinimumInvestmentReturn
Tax Based On Investment Income13TaxBasedOnInvestmentIncome
Total Tax13TotalTax
Distributable Amount Before Adj2445DistributableAmountBeforeAdj
Recoveries Qlfy Distributions0RecoveriesQlfyDistributions
Distributable Amount Before Ded2445DistributableAmountBeforeDed
Deduction Fr Distributable$0DeductionFrDistributableAmount
Distributable Amount As Adjusted2445DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

FieldValueIRS element (for citing)
Expenses And Contributions47484ExpensesAndContributions
Program Related Investments Total0ProgramRelatedInvestmentsTotal
Qualifying Distributions47484QualifyingDistributions
One Pct Sect4940e Org Net Invst Incm0OnePctSect4940eOrgNetInvstIncm
Adj Qualifying Distributions47484AdjQualifyingDistributions

Undistributed Income UndistributedIncome

FieldValueIRS element (for citing)
Distributable Amount As Adjusted2445DistributableAmountAsAdjusted
Undistributed Income Prior Year0UndistributedIncomePriorYear
Total For Prior Years0TotalForPriorYears
Excess Distri Carryover Year5289825ExcessDistriCarryoverYear5
Excess Distri Carryover Year4610909ExcessDistriCarryoverYear4
Excess Distri Carryover Year3400833ExcessDistriCarryoverYear3
Excess Distri Carryover Year2152942ExcessDistriCarryoverYear2
Excess Distri Carryover Year1193387ExcessDistriCarryoverYear1
Total Excess Distri Carryover1647896TotalExcessDistriCarryover
Qualifying Distributions47484QualifyingDistributions
Applied To Year10AppliedToYear1
Applied To Prior Years0AppliedToPriorYears
Treated As Distri From Corpus0TreatedAsDistriFromCorpus
Applied To Current Year2445AppliedToCurrentYear
Remaining Distri From Corpus45039RemainingDistriFromCorpus
Excess Distri Cyov App CY Corpus0ExcessDistriCyovAppCYCorpus
Excess Distri Cyov Applied CY0ExcessDistriCyovAppliedCY
Total Corpus1692935TotalCorpus
Prior Year Undistributed Income0PriorYearUndistributedIncome
Prior Year Deficiency Or Tax0PriorYearDeficiencyOrTax
Taxable Amount10TaxableAmount1
Taxable Amount20TaxableAmount2
Undistributed Income CY0UndistributedIncomeCY
Distri From Corpus170b1 E Or4942g30DistriFromCorpus170b1EOr4942g3
Excess Distri Cyov From Year5289825ExcessDistriCyovFromYear5
Excess Distri Cyov To Next Year1403110ExcessDistriCyovToNextYear
Excess From Year4610909ExcessFromYear4
Excess From Year3400833ExcessFromYear3
Excess From Year2152942ExcessFromYear2
Excess From Year1193387ExcessFromYear1
Excess From Current Year45039ExcessFromCurrentYear

Supplementary Information SupplementaryInformation

FieldValueIRS element (for citing)
Contributing ManagerPAUL T BENTONContributingManager
Only Contributes To PreselectedXOnlyContributesToPreselected

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (10 entries)

Address Line1RecipientUSAddress/AddressLine1CityRecipientUSAddress/CityStateRecipientUSAddress/StateZIP CodeRecipientUSAddress/ZIPCodeRecipient RelationshipRecipientRelationshipRecipient Foundation StatusRecipientFoundationStatusPurpose Of Grant Or ContributionPurposeOfGrantOrContributionAmountAmount
AMERICAN HEART ASSOCIATION
2320 14TH STREET SUITE 110GULFPORTMS39501N/A501(C)3 PUBLIC CHARIPROMOTION OF CHARITABLE WORKS$5,000
ANIMAL RESCUE FUND (ARF)
1963 HOLLY BUSH RDPELAHATHIEMS39145N/A501(C)3 PUBLIC CHARIPROMOTION OF CHARITABLE WORKS$12,684
BRILLA SOCCER MINISTRIES
PO BOX 281CLINTONMS39060N/A501(C)3 PUBLIC CHARIPROMOTE YOUTH SPORTS$1,000
HOPE HAVEN
200 NORTH CONGRESSJACKSONMS39201N/A501(C)3 PUBLIC CHARIPROMOTION OF CHARITABLE WORKS$250
MILLSAPS COLLEGE
1701 NORTH STATE STREETJACKSONMS39210N/A501(C)3 PUBLIC CHARIPROMOTION OF CHARITABLE WORKS$11,900
MISSISSIPPI COLLEGE
PO BOX 4005CLINTONMS39058N/A501(C)3 PUBLIC CHARIPROMOTION OF CHARITABLE WORKS$1,500
MISSISSIPPI WILDLIFE FISHERIES & PARKS FOUNDATION
1505 EASTOVER DRIVEJACKSONMS39211N/A501(C)3 PUBLIC CHARIPROMOTION OF CHARITABLE WORKS$3,150
OHR-O'KEEFE MUSEUM OF ART
PO BOX 248BILOXIMS39533N/A501(C)3 PUBLIC CHARIPROMOTION OF CHARITABLE WORKS$2,000
PALMER HOME FOR CHILDREN
PO BOX 746COLUMBUSMS39703N/A501(C)3 PUBLIC CHARIPROMOTION OF CHARITABLE WORKS$5,000
PARTNERSHIP FOR A HEALTHY MISSISSIPPI INC
200 PARK CIRCLE STE 3FLOWOODMS39232N/A501(C)3 PUBLIC CHARIPROMOTION OF CHARITABLE WORKS$5,000
FieldValueIRS element (for citing)
Tot Grant Or Contri Paid During Year47484TotGrantOrContriPaidDuringYear
Tot Grant Or Contri Approved Future0TotGrantOrContriApprovedFuture

Analysis Income Producing Acty AnalysisIncomeProducingActy

Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII

FieldValueIRS element (for citing)
Exclusion Code14ExclusionCode
Exclusion$448ExclusionAmount

Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry

FieldValueIRS element (for citing)
Exclusion Code18ExclusionCode
Exclusion$185ExclusionAmount

Subtotals Part XVIA SubtotalsPartXVIA

FieldValueIRS element (for citing)
Unrelated Business Income$0UnrelatedBusinessIncomeAmount
Exclusion$633ExclusionAmount
Related Or Exempt Function Income0RelatedOrExemptFunctionIncome
FieldValueIRS element (for citing)
Total Part XVIA633TotalPartXVIA

Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO

FieldValueIRS element (for citing)
Trnsfr Of Cash To Noncharitable EO0TrnsfrOfCashToNoncharitableEO
Trnsfr Oth Assets Noncharitable EO0TrnsfrOthAssetsNoncharitableEO
Sales Or Exchanges Of Assets0SalesOrExchangesOfAssets
Purchase Assets Noncharitable EO0PurchaseAssetsNoncharitableEO
Rental Of Facilities Etc0RentalOfFacilitiesEtc
Reimbursement Arrangements0ReimbursementArrangements
Loans Or Loan Guarantees0LoansOrLoanGuarantees
Performance Of Services Etc0PerformanceOfServicesEtc
Sharing Of Facilities Etc0SharingOfFacilitiesEtc
Relationships Noncharitable E Os0RelationshipsNoncharitableEOs

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFXOrganization501c3ExemptPF
General RuleXGeneralRule

Contributor Info ContributorInfo

FieldValueIRS element (for citing)
Contributor Number1ContributorNumber
Contributor Name IndividualPAUL T BENTONContributorNameIndividual

Contributor Address US ContributorAddressUS

FieldValueIRS element (for citing)
Address Line1PO BOX 1341AddressLine1
CityBILOXICity
StateMSState
ZIP Code395331341ZIPCode
FieldValueIRS element (for citing)
Aggregate Contributions47484AggregateContributions
Person Contribution TypeXPersonContributionType

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses (2 entries)

DescriptionDescriptionRevenue And Expenses Per BooksRevenueAndExpensesPerBooksNet Investment IncomeNetInvestmentIncomeAdjusted Net IncomeAdjustedNetIncomeDisbursements Charitable PrpsDisbursementsCharitablePrps
INVESTMENT FEES451000
FOREIGN TAXES19000

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