BUISSON FOUNDATION INC: Form 990PF, tax year 2012

View the entire original 990 at ProPublica ↗

Organization
BUISSON FOUNDATION INC (EIN 58-2297642)
Tax period
2012-01-01 to 2012-12-31
Filed
2013-08-15
IRS object ID
201302279349100310
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)
Timestamp2013-08-15T08:03:27-05:00Timestamp
Tax Period End Date2012-12-31TaxPeriodEndDate

Preparer Firm PreparerFirm

FieldValueIRS element (for citing)
EIN201169520EIN

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1RICHTER & COMPANY LLCBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 566AddressLine1
CityCAIROCity
StateGAState
ZIP Code39828ZIPCode
FieldValueIRS element (for citing)
Return Type990PFReturnType
Tax Period Begin Date2012-01-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN582297642EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1BUISSON FOUNDATION INCBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlBUISNameControl
Phone7705367422Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line16354 J F JAY ROADAddressLine1
CityGAINESVILLECity
StateGAState
ZIP Code30506ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameROBERT T BUISSONName
TitlePRESIDENTTitle
Phone7705367422Phone
Date Signed2013-08-06DateSigned
Authorize Third Party1AuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NamePATRICK L OUZTSName
PTINP00182466PTIN
Phone2293773446Phone
Date Prepared2013-08-06DatePrepared
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 EOY1113345FMVAssetsEOY
Method Of Accounting CashXMethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Not Required To Attach Schedule BXNotRequiredToAttachScheduleB
Dividends Rev And Expnss6808DividendsRevAndExpnss
Dividends Net Invst Incm6808DividendsNetInvstIncm
Net Gain Sale Assets Rev And Expnss58179NetGainSaleAssetsRevAndExpnss
Gross Sales Price76738GrossSalesPrice
Capital Gain Net Incm Net Invst Incm58179CapitalGainNetIncmNetInvstIncm
Total Revenue And Expenses64987TotalRevenueAndExpenses
Total Net Investment Income64987TotalNetInvestmentIncome
Comp Ofcr Dir Trst Rev And Expnss0CompOfcrDirTrstRevAndExpnss
Comp Ofcr Dir Trst Net Invst Incm0CompOfcrDirTrstNetInvstIncm
Comp Ofcr Dir Trst Dsbrs Chrtbl Prps0CompOfcrDirTrstDsbrsChrtblPrps
Accounting Fees Rev And Expnss750AccountingFeesRevAndExpnss
Accounting Fees Net Invst Incm0AccountingFeesNetInvstIncm
Accounting Fees Dsbrs Chrtbl Prps0AccountingFeesDsbrsChrtblPrps
Taxes Rev And Expnss476TaxesRevAndExpnss
Taxes Net Invst Incm0TaxesNetInvstIncm
Taxes Dsbrs Chrtbl Prps0TaxesDsbrsChrtblPrps
Other Expenses Rev And Expnss5603OtherExpensesRevAndExpnss
Other Expenses Net Invst Incm5603OtherExpensesNetInvstIncm
Other Expenses Dsbrs Chrtbl Prps0OtherExpensesDsbrsChrtblPrps
Tot Opr Expenses Rev And Expnss6829TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm5603TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps0TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss61000ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps61000ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss67829TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm5603TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps61000TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses-2842ExcessOfRevenueOverExpenses
Net Investment Income59384NetInvestmentIncome

Balance Sheets BalanceSheets

FieldValueIRS element (for citing)
Savings And Temp Cash Invst BOY30660SavingsAndTempCashInvstBOY
Savings And Temp Cash Invst EOY13907SavingsAndTempCashInvstEOY
Savings And Temp Cash Invst EOYFMV13907SavingsAndTempCashInvstEOYFMV
Investments Corp Stock BOY314214InvestmentsCorpStockBOY
Investments Corp Stock EOY328125InvestmentsCorpStockEOY
Investments Corp Stock EOYFMV1099438InvestmentsCorpStockEOYFMV
Total Assets BOY344874TotalAssetsBOY
Total Assets EOY342032TotalAssetsEOY
Total Assets EOYFMV1113345TotalAssetsEOYFMV
Total Liabilities BOY0TotalLiabilitiesBOY
Total Liabilities EOY0TotalLiabilitiesEOY
Org That Follow SFAS117XOrgThatFollowSFAS117
Unrestricted BOY344874UnrestrictedBOY
Unrestricted EOY342032UnrestrictedEOY
Total Net Assets BOY344874TotalNetAssetsBOY
Total Net Assets EOY342032TotalNetAssetsEOY
Total Liabilities Net Assets BOY344874TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY342032TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

FieldValueIRS element (for citing)
Total Net Assets Fund Balances BOY344874TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses-2842ExcessOfRevenueOverExpenses
Other Increases0OtherIncreases
Subtotal342032Subtotal
Other Decreases0OtherDecreases
Total Net Assets Fund Balances EOY342032TotalNetAssetsFundBalancesEOY

Capital Gains And Losses CapitalGainsAndLosses

Capital Gains And Losses Info CapitalGainsAndLossesInfo (3 entries)

Description Of AssetDescriptionOfAssetHow AcquiredHowAcquiredDate AcquiredDateAcquiredDate SoldDateSoldGross Sales PriceGrossSalesPriceCost Or Other BasisCostOrOtherBasisGain Or LossGainOrLossGains Minus Excess Or LossesGainsMinusExcessOrLosses
1654 SH CITIGROUP INCD1982-12-012012-12-2665481115935388853888
175 SH COMCAST CORPP2009-05-212012-06-145242233829042904
380 SH MASCO CORPP2009-05-212012-12-106015462813871387
FieldValueIRS element (for citing)
Capital Gain Net Income58179CapitalGainNetIncome

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

FieldValueIRS element (for citing)
Liable For4942 Tax0LiableFor4942Tax
Qualifying Distributions Year172910QualifyingDistributionsYear1
Noncharitable Assets Year11151567NoncharitableAssetsYear1
Distribution Ratio Year10.063314DistributionRatioYear1
Qualifying Distributions Year289625QualifyingDistributionsYear2
Noncharitable Assets Year21249562NoncharitableAssetsYear2
Distribution Ratio Year20.071725DistributionRatioYear2
Qualifying Distributions Year390264QualifyingDistributionsYear3
Noncharitable Assets Year31150509NoncharitableAssetsYear3
Distribution Ratio Year30.078456DistributionRatioYear3
Qualifying Distributions Year4122400QualifyingDistributionsYear4
Noncharitable Assets Year45693703NoncharitableAssetsYear4
Distribution Ratio Year40.021497DistributionRatioYear4
Qualifying Distributions Year5692700QualifyingDistributionsYear5
Noncharitable Assets Year514434092NoncharitableAssetsYear5
Distribution Ratio Year50.047991DistributionRatioYear5
Total Distribution Ratio0.282983TotalDistributionRatio
Average Distribution Ratio0.056597AverageDistributionRatio
Net Noncharitable Assets991606NetNoncharitableAssets
Adjusted Noncharitable Assets56122AdjustedNoncharitableAssets
One Percent Net Investment Income594OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One56716AdjNonchrtblAssetsAndOnePct
Qualifying Distributions61000QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eXDomesticOrgMeetingSect4940e
Investment Income Excise Tax594InvestmentIncomeExciseTax
Tax Under Section5110TaxUnderSection511
Subtotal594Subtotal
Subtitle A Tax0SubtitleATax
Tax Based On Investment Income594TaxBasedOnInvestmentIncome
Total Credits And Payments0TotalCreditsAndPayments
Form2220 AttachedXForm2220Attached
Penalty For Underpayment11PenaltyForUnderpayment
Tax Due605TaxDue

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 WithGAStatesFiledWith
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 NameROBERT T BUISSONBooksInCareOfPersonName
Books In Care Of Phone Number7705350784BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

FieldValueIRS element (for citing)
Address Line16354 J F JAY ROADAddressLine1
CityGAINESVILLECity
StateGAState
ZIP Code30506ZIPCode
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 (6 entries)

Address Line1USAddress/AddressLine1CityUSAddress/CityStateUSAddress/StateZIP CodeUSAddress/ZIPCodeTitleTitleAvg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPositionCompensationCompensationContri To Empl Benefit Plans EtcContriToEmplBenefitPlansEtcExpense Account Other AllowancesExpenseAccountOtherAllowances
ROBERT T BUISSON
6354 J F JAY ROADGAINESVILLEGA30506DIRECTOR0.00000
MARION R BUISSON
6354 J F JAY ROADGAINESVILLEGA30506DIRECTOR0.00000
MARION B VELIS
6354 J F JAY ROADGAINESVILLEGA30506PRESIDENT0.00000
ELIZABETH M BUISSON
6354 J F JAY ROADGAINESVILLEGA30506VICE-PRESIDENT0.00000
ROBERT T BUISSON JR
6354 J F JAY ROADGAINESVILLEGA30506SECRETARY0.00000
BEAU T BUISSON
6354 J F JAY ROADGAINESVILLEGA30506TREASURER0.00000
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 Securities1006707AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances0AvgMonthlyCashBalances
FMV All Other Noncharitable Assets0FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets1006707TotalFMVOfUnusedAssets
Reduction Claimed0ReductionClaimed
Acquisition Indebtedness0AcquisitionIndebtedness
Adj Total FMV Of Unused Assets1006707AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable15101CashDeemedCharitable
Net Noncharitable Assets991606NetNoncharitableAssets
Minimum Investment Return49580MinimumInvestmentReturn

Distributable DistributableAmount

FieldValueIRS element (for citing)
Minimum Investment Return49580MinimumInvestmentReturn
Tax Based On Investment Income594TaxBasedOnInvestmentIncome
Total Tax594TotalTax
Distributable Amount Before Adj48986DistributableAmountBeforeAdj
Recoveries Qlfy Distributions0RecoveriesQlfyDistributions
Distributable Amount Before Ded48986DistributableAmountBeforeDed
Deduction Fr Distributable$0DeductionFrDistributableAmount
Distributable Amount As Adjusted48986DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

FieldValueIRS element (for citing)
Expenses And Contributions61000ExpensesAndContributions
Program Related Investments Total0ProgramRelatedInvestmentsTotal
Qualifying Distributions61000QualifyingDistributions
One Pct Sect4940e Org Net Invst Incm594OnePctSect4940eOrgNetInvstIncm
Adj Qualifying Distributions60406AdjQualifyingDistributions

Undistributed Income UndistributedIncome

FieldValueIRS element (for citing)
Distributable Amount As Adjusted48986DistributableAmountAsAdjusted
Undistributed Income Prior Year0UndistributedIncomePriorYear
Total For Prior Years0TotalForPriorYears
Excess Distri Carryover Year337411ExcessDistriCarryoverYear3
Excess Distri Carryover Year228297ExcessDistriCarryoverYear2
Excess Distri Carryover Year116262ExcessDistriCarryoverYear1
Total Excess Distri Carryover81970TotalExcessDistriCarryover
Qualifying Distributions61000QualifyingDistributions
Applied To Year10AppliedToYear1
Applied To Prior Years0AppliedToPriorYears
Treated As Distri From Corpus0TreatedAsDistriFromCorpus
Applied To Current Year48986AppliedToCurrentYear
Remaining Distri From Corpus12014RemainingDistriFromCorpus
Excess Distri Cyov App CY Corpus0ExcessDistriCyovAppCYCorpus
Excess Distri Cyov Applied CY0ExcessDistriCyovAppliedCY
Total Corpus93984TotalCorpus
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 Year50ExcessDistriCyovFromYear5
Excess Distri Cyov To Next Year93984ExcessDistriCyovToNextYear
Excess From Year337411ExcessFromYear3
Excess From Year228297ExcessFromYear2
Excess From Year116262ExcessFromYear1
Excess From Current Year12014ExcessFromCurrentYear

Supplementary Information SupplementaryInformation

FieldValueIRS element (for citing)
Contributing ManagerROBERT T BUISSONContributingManager

Appication Submission Info AppicationSubmissionInfo

FieldValueIRS element (for citing)
Recipient NameROBERT T BUISSONRecipientName

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line16354 J F JAY ROADAddressLine1
CityGAINESVILLECity
StateGAState
ZIP Code30506ZIPCode
FieldValueIRS element (for citing)
Recipient Phone Number7705367422RecipientPhoneNumber
Form And Info And MaterialsLETTER TO MR. BUISSON DESCRIBING APPLICANT'S ORGANIZATION AND PURPOSE OF GRANTFormAndInfoAndMaterials
Submission DeadlinesNONESubmissionDeadlines
Restrictions On AwardsNONERestrictionsOnAwards

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (7 entries)

Address Line1RecipientUSAddress/AddressLine1CityRecipientUSAddress/CityStateRecipientUSAddress/StateZIP CodeRecipientUSAddress/ZIPCodePurpose Of Grant Or ContributionPurposeOfGrantOrContributionAmountAmount
CHALLENGED CHILD & FRIENDS INC
2360 MURPHY BOULEVARDGAINESVILLEGA30504OPERATING GRANT$10,000
FEAR THIS INC
3837 LAUREL CREST DRIVESNELLVILLEGA30039OPERATING GRANT$2,400
GOOD NEWS CLINICS
810 PINE STREETGAINESVILLEGA30501OPERATING GRANT$1,000
OLD CAMP UNITED METHODIST CHURCH
77 OLD CAMP CHURCH ROADCARROLLTONGA30117OPERATING GRANT$1,000
PORTLAND AAZK
4001 SW CANYON ROADPORTLANDOR97221OPERATING GRANTOPERATING GRANT$1,000
ST ALOYSIUS
4401 ELYSIAN FIELDS AVENUENEW ORLEANSLA70122OPERATING GRANT$10,000
THE TORCH URBAN MINISTRIES
6828 OLD WHELCHEL ROADDAHLONEGAGA30533OPERATING GRANT$35,600
FieldValueIRS element (for citing)
Tot Grant Or Contri Paid During Year61000TotGrantOrContriPaidDuringYear
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$6,808ExclusionAmount

Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry

FieldValueIRS element (for citing)
Exclusion Code18ExclusionCode
Exclusion$58,179ExclusionAmount

Subtotals Part XVIA SubtotalsPartXVIA

FieldValueIRS element (for citing)
Unrelated Business Income$0UnrelatedBusinessIncomeAmount
Exclusion$64,987ExclusionAmount
Related Or Exempt Function Income0RelatedOrExemptFunctionIncome
FieldValueIRS element (for citing)
Total Part XVIA64987TotalPartXVIA

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

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees AccountingFees

FieldValueIRS element (for citing)
CategoryACCOUNTINGCategory
Amount$750Amount
Net Investment Income0NetInvestmentIncome
Disbursements Charitable Prps0DisbursementsCharitablePrps

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corp Stock InvestmentsCorpStock

FieldValueIRS element (for citing)
Name Of StockSTOCKSNameOfStock
EOY Book Value328125EOYBookValue
EOYFMV1099438EOYFMV

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses

FieldValueIRS element (for citing)
DescriptionINVESTMENT ADVISORY FEESDescription
Revenue And Expenses Per Books5603RevenueAndExpensesPerBooks
Net Investment Income5603NetInvestmentIncome
Disbursements Charitable Prps0DisbursementsCharitablePrps

Taxes Schedule TaxesSchedule

Taxes Taxes

FieldValueIRS element (for citing)
CategoryFEDERAL INCOME TAXESCategory
Amount$476Amount
Net Investment Income0NetInvestmentIncome
Disbursements Charitable Prps0DisbursementsCharitablePrps

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