R H PICKERING FAMILY FOUNDATION: Form 990PF, tax year 2012

View the entire original 990 at ProPublica ↗

Organization: R H PICKERING FAMILY FOUNDATION (EIN 20-8442734)
Tax period: 2012-01-01 to 2012-12-31
Filed: 2013-04-24
IRS object ID: 201311149349100501
Schema version: 2012v2.0
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
Investments Govt Obligations Sch
Investments Other Schedule2
Other Decreases Schedule
Other Expenses Schedule
Other Increases Schedule
Other Professional Fees Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2013-04-24T07:23:42-07:00	Timestamp
Tax Period End Date	2012-12-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	WOODY A BOYD CPA	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	2913 107TH STREET	AddressLine1
City	LUBBOCK	City
State	TX	State
ZIP Code	79423	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnType
Tax Period Begin Date	2012-01-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	208442734	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	R H PICKERING FAMILY FOUNDATION	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	RHPI	NameControl
Phone	8067473411	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1401 AVENUE Q	AddressLine1
City	LUBBOCK	City
State	TX	State
ZIP Code	79401	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	DON A PICKERING	Name
Title	President	Title
Date Signed	2013-04-24	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	WOODY A BOYD	Name
PTIN	P00910790	PTIN
Phone	8065437889	Phone
Self Employed	X	SelfEmployed

Field	Value	IRS element (for citing)
Tax Year	2012	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Exempt PF	X	ExemptPF
FMV Assets EOY	1788161	FMVAssetsEOY
Method Of Accounting Cash	X	MethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Not Required To Attach Schedule B	X	NotRequiredToAttachScheduleB
Dividends Rev And Expnss	31245	DividendsRevAndExpnss
Dividends Net Invst Incm	31245	DividendsNetInvstIncm
Net Gain Sale Assets Rev And Expnss	20292	NetGainSaleAssetsRevAndExpnss
Gross Sales Price	251098	GrossSalesPrice
Capital Gain Net Incm Net Invst Incm	20292	CapitalGainNetIncmNetInvstIncm
Total Revenue And Expenses	51537	TotalRevenueAndExpenses
Total Net Investment Income	51537	TotalNetInvestmentIncome
Accounting Fees Rev And Expnss	975	AccountingFeesRevAndExpnss
Accounting Fees Net Invst Incm	975	AccountingFeesNetInvstIncm
Other Prof Fees Rev And Expnss	11538	OtherProfFeesRevAndExpnss
Other Prof Fees Net Invst Incm	11538	OtherProfFeesNetInvstIncm
Taxes Rev And Expnss	459	TaxesRevAndExpnss
Taxes Net Invst Incm	459	TaxesNetInvstIncm
Other Expenses Rev And Expnss	7	OtherExpensesRevAndExpnss
Other Expenses Net Invst Incm	7	OtherExpensesNetInvstIncm
Tot Opr Expenses Rev And Expnss	12979	TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm	12979	TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps	0	TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss	90926	ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps	90926	ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss	103905	TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm	12979	TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps	90926	TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses	-52368	ExcessOfRevenueOverExpenses
Net Investment Income	38558	NetInvestmentIncome

Balance Sheets BalanceSheets

Field	Value	IRS element (for citing)
Savings And Temp Cash Invst BOY	20562	SavingsAndTempCashInvstBOY
Savings And Temp Cash Invst EOY	51322	SavingsAndTempCashInvstEOY
Savings And Temp Cash Invst EOYFMV	51322	SavingsAndTempCashInvstEOYFMV
Investments Govt Oblig BOY	708600	InvestmentsGovtObligBOY
Investments Govt Oblig EOY	604776	InvestmentsGovtObligEOY
Investments Govt Oblig EOYFMV	635722	InvestmentsGovtObligEOYFMV
Investments Other BOY	1118953	InvestmentsOtherBOY
Investments Other EOY	1138303	InvestmentsOtherEOY
Investments Other EOYFMV	1101117	InvestmentsOtherEOYFMV
Total Assets BOY	1848115	TotalAssetsBOY
Total Assets EOY	1794401	TotalAssetsEOY
Total Assets EOYFMV	1788161	TotalAssetsEOYFMV
Total Liabilities EOY	0	TotalLiabilitiesEOY
Org That Follow SFAS117	X	OrgThatFollowSFAS117
Unrestricted BOY	1848115	UnrestrictedBOY
Unrestricted EOY	1794401	UnrestrictedEOY
Total Net Assets BOY	1848115	TotalNetAssetsBOY
Total Net Assets EOY	1794401	TotalNetAssetsEOY
Total Liabilities Net Assets BOY	1848115	TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY	1794401	TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

Field	Value	IRS element (for citing)
Total Net Assets Fund Balances BOY	1848115	TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses	-52368	ExcessOfRevenueOverExpenses
Other Increases	210	OtherIncreases
Subtotal	1795957	Subtotal
Other Decreases	1556	OtherDecreases
Total Net Assets Fund Balances EOY	1794401	TotalNetAssetsFundBalancesEOY

Capital Gains And Losses CapitalGainsAndLosses

Capital Gains And Losses Info CapitalGainsAndLossesInfo (5 entries)

Gain Or LossGainOrLoss	Description Of AssetDescriptionOfAsset	How AcquiredHowAcquired	Date AcquiredDateAcquired	Date SoldDateSold	Gross Sales PriceGrossSalesPrice	Cost Or Other BasisCostOrOtherBasis	Gains Minus Excess Or LossesGainsMinusExcessOrLosses
2360
	Capital Gain Dividends
20578	3720.52 T. ROWE PRICE SMALL CAP VALUE	P	2010-07-29	2012-02-16	142422	121844	20578
776	164.99 T. ROWE PRICE SMALL CAP VALUE	P	2010-12-10	2012-02-16	6316	5540	776
-3422	100,000 FEDERAL HOME LOAN BANK	P	2008-09-23	2012-06-08	100000	103422	-3422

Field	Value	IRS element (for citing)
Capital Gain Net Income	20292	CapitalGainNetIncome

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

Field	Value	IRS element (for citing)
Investment Income Excise Tax	771	InvestmentIncomeExciseTax
Subtotal	771	Subtotal
Tax Based On Investment Income	771	TaxBasedOnInvestmentIncome
Est Tax Payments And Overpayment	1228	EstTaxPaymentsAndOverpayment
Total Credits And Payments	1228	TotalCreditsAndPayments
Overpayment	457	Overpayment
Amount Credited To Next Year	457	AmountCreditedToNextYear

Statements Regarding Activities StatementsRegardingActivities

Field	Value	IRS element (for citing)
Legislative Political Activities	false	LegislativePoliticalActivities
More Than100 Spent	false	MoreThan100Spent
Form1120 POL Filed	false	Form1120POLFiled
Activities Not Prev Reported	false	ActivitiesNotPrevReported
Changes To Articles Or Bylaws	false	ChangesToArticlesOrBylaws
Unrelated Bus Income Over1000	false	UnrelatedBusIncomeOver1000
Form990 T Filed	false	Form990TFiled
Termination Etc	false	TerminationEtc
Requirements Of Sect508e	true	RequirementsOfSect508e
At Least5000 In Assets	true	AtLeast5000InAssets
Form990 PF Filed With AG	true	Form990PFFiledWithAG
Private Operating Foundation	false	PrivateOperatingFoundation
New Substantial Contributors	false	NewSubstantialContributors
Interest In Controlled Entity	false	InterestInControlledEntity
Applicable Insurance Contract	false	ApplicableInsuranceContract
Comply With Public Inspection Rqr	true	ComplyWithPublicInspectionRqr
Website Address	N/A	WebsiteAddress

Books In Care Of Business Name BooksInCareOfBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	DON PICKERING	BusinessNameLine1

Field	Value	IRS element (for citing)
Books In Care Of Phone Number	8067473411	BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

Field	Value	IRS element (for citing)
Address Line1	2605 INTERSTATE 27	AddressLine1
City	LUBBOCK	City
State	TX	State
ZIP Code	79404	ZIPCode

Field	Value	IRS element (for citing)
Foreign Bank	false	ForeignBank

Statements Regarding Acty4720 StatementsRegardingActy4720

Field	Value	IRS element (for citing)
Sale Or Exchange With Dsqfly Person	false	SaleOrExchangeWithDsqflyPerson
Borrow Or Lend With Dsqfly Person	false	BorrowOrLendWithDsqflyPerson
Furnished Goods With Dsqfly Person	false	FurnishedGoodsWithDsqflyPerson
Pay Compensation To Dsqfly Person	false	PayCompensationToDsqflyPerson
Transfer Assets To Dsqfly Person	false	TransferAssetsToDsqflyPerson
Payment To Government Offical	false	PaymentToGovernmentOffical
Acts Fail To Qualify As Exceptions	false	ActsFailToQualifyAsExceptions
Uncorrected Prior Acts	false	UncorrectedPriorActs
Undistributed Income Prior Years	false	UndistributedIncomePriorYears
Undistr Income4942a2 Not Applied	false	UndistrIncome4942a2NotApplied
Business Holdings	false	BusinessHoldings
Excess Business Holdings	false	ExcessBusinessHoldings
Jeopardy Investments	false	JeopardyInvestments
Uncorrected Jeopardy Investments	false	UncorrectedJeopardyInvestments
Influence Legislation	false	InfluenceLegislation
Influence Election	false	InfluenceElection
Grants To Individuals	false	GrantsToIndividuals
Grants To Organizations	false	GrantsToOrganizations
Noncharitable Purpose	false	NoncharitablePurpose
Tr Fail To Qualify As Exceptions	false	TrFailToQualifyAsExceptions
Maint Expend Responsibility	false	MaintExpendResponsibility
Rcv Funds To Pay Prsnl Bnft Contract	false	RcvFundsToPayPrsnlBnftContract
Pay Premiums Prsnl Bnft Contract	false	PayPremiumsPrsnlBnftContract
Prohibited Tax Shelter Transactn	false	ProhibitedTaxShelterTransactn
Proceeds Or Net Income	false	ProceedsOrNetIncome

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (3 entries)

Address Line1USAddress/AddressLine1	CityUSAddress/City	StateUSAddress/State	ZIP CodeUSAddress/ZIPCode	TitleTitle	Avg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPosition	CompensationCompensation
DAVID R PICKERING
PO BOX 287	LUBBOCK	TX	794080287	Vice President	1.00	0
JAY L PICKERING
PO BOX 287	LUBBOCK	TX	794080287	SECRETARY/TREAS	1.00	0
DON A PICKERING
PO BOX 287	LUBBOCK	TX	794080287	President	1.00	0

Field	Value	IRS element (for citing)
Comp Of Highest Paid Empl NONE	NONE	CompOfHighestPaidEmplNONE
Comp Of Hghst Paid Cntrct NONE	NONE	CompOfHghstPaidCntrctNONE

Summary Of Direct Charitable Acty SummaryOfDirectCharitableActy

Field	Value	IRS element (for citing)
Description1	NONE (FOUNDATION'S SOLE ACTIVITY IS MAKING GRANTS TO EXEMPT ORGANIZATIONS)	Description1
Expenses1	0	Expenses1

Minimum Investment Return MinimumInvestmentReturn

Field	Value	IRS element (for citing)
Avg Monthly FMV Of Securities	1742209	AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances	63458	AvgMonthlyCashBalances
FMV All Other Noncharitable Assets	0	FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets	1805667	TotalFMVOfUnusedAssets
Reduction Claimed	0	ReductionClaimed
Adj Total FMV Of Unused Assets	1805667	AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable	27085	CashDeemedCharitable
Net Noncharitable Assets	1778582	NetNoncharitableAssets
Minimum Investment Return	88929	MinimumInvestmentReturn

Distributable DistributableAmount

Field	Value	IRS element (for citing)
Minimum Investment Return	88929	MinimumInvestmentReturn
Tax Based On Investment Income	771	TaxBasedOnInvestmentIncome
Total Tax	771	TotalTax
Distributable Amount Before Adj	88158	DistributableAmountBeforeAdj
Distributable Amount Before Ded	88158	DistributableAmountBeforeDed
Distributable Amount As Adjusted	88158	DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

Field	Value	IRS element (for citing)
Expenses And Contributions	90926	ExpensesAndContributions
Qualifying Distributions	90926	QualifyingDistributions
Adj Qualifying Distributions	90926	AdjQualifyingDistributions

Undistributed Income UndistributedIncome

Field	Value	IRS element (for citing)
Distributable Amount As Adjusted	88158	DistributableAmountAsAdjusted
Undistributed Income Prior Year	90926	UndistributedIncomePriorYear
Qualifying Distributions	90926	QualifyingDistributions
Applied To Year1	90926	AppliedToYear1
Treated As Distri From Corpus	0	TreatedAsDistriFromCorpus
Undistributed Income CY	88158	UndistributedIncomeCY

Supplementary Information SupplementaryInformation

Appication Submission Info AppicationSubmissionInfo

Field	Value	IRS element (for citing)
Recipient Name	DON A PICKERING	RecipientName

Recipient US Address RecipientUSAddress

Field	Value	IRS element (for citing)
Address Line1	2605 INTERSTATE 27	AddressLine1
City	LUBBOCK	City
State	TX	State
ZIP Code	79407	ZIPCode

Field	Value	IRS element (for citing)
Recipient Phone Number	8067473411	RecipientPhoneNumber
Form And Info And Materials	LETTER STATING AMOUNT REQUESTED AND PURPOSE	FormAndInfoAndMaterials
Submission Deadlines	NONE	SubmissionDeadlines
Restrictions On Awards	ONLY ORGANIZATIONS THAT QUALIFY AS EXEMPT IN SEC 170(b)(1)(A)	RestrictionsOnAwards

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (2 entries)

Address Line1RecipientUSAddress/AddressLine1	CityRecipientUSAddress/City	StateRecipientUSAddress/State	ZIP CodeRecipientUSAddress/ZIPCode	Recipient RelationshipRecipientRelationship	Recipient Foundation StatusRecipientFoundationStatus	Purpose Of Grant Or ContributionPurposeOfGrantOrContribution	AmountAmount
EPILEPSY FOUNDATION OF WEST TEXAS
1411 E AMARILLO BLVD	AMARILLO	TX	79107	NONE	PUBLIC	GENERAL PURPOSE	$7,500
TEXAS TECH FOUNDATION
BOX 41081	LUBBOCK	TX	79409	NONE	PUBLIC	GENERAL PURPOSE	$83,426

Field	Value	IRS element (for citing)
Tot Grant Or Contri Paid During Year	90926	TotGrantOrContriPaidDuringYear

Analysis Income Producing Acty AnalysisIncomeProducingActy

Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII

Field	Value	IRS element (for citing)
Exclusion Code	14	ExclusionCode
Exclusion	$31,245	ExclusionAmount

Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry

Field	Value	IRS element (for citing)
Related Or Exempt Function Income	20292	RelatedOrExemptFunctionIncome

Subtotals Part XVIA SubtotalsPartXVIA

Field	Value	IRS element (for citing)
Exclusion	$31,245	ExclusionAmount
Related Or Exempt Function Income	20292	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Total Part XVIA	51537	TotalPartXVIA

Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Noncharitable EO	false	TrnsfrOfCashToNoncharitableEO
Trnsfr Oth Assets Noncharitable EO	false	TrnsfrOthAssetsNoncharitableEO
Sales Or Exchanges Of Assets	false	SalesOrExchangesOfAssets
Purchase Assets Noncharitable EO	false	PurchaseAssetsNoncharitableEO
Rental Of Facilities Etc	false	RentalOfFacilitiesEtc
Reimbursement Arrangements	false	ReimbursementArrangements
Loans Or Loan Guarantees	false	LoansOrLoanGuarantees
Performance Of Services Etc	false	PerformanceOfServicesEtc
Sharing Of Facilities Etc	false	SharingOfFacilitiesEtc
Relationships Noncharitable E Os	false	RelationshipsNoncharitableEOs

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees AccountingFees

Field	Value	IRS element (for citing)
Category	ROBINSON, BURDETTE, ,MARTIN & SERIGHT	Category
Amount	$975	Amount
Net Investment Income	975	NetInvestmentIncome
Adjusted Net Income	0	AdjustedNetIncome
Disbursements Charitable Prps	0	DisbursementsCharitablePrps

Investments Govt Obligations Sch InvestmentsGovtObligationsSch

Field	Value	IRS element (for citing)
US Govt Securities EOY Book Value	604776	USGovtSecuritiesEOYBookValue
US Govt Securities EOYFMV	635722	USGovtSecuritiesEOYFMV

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOther

Field	Value	IRS element (for citing)
Category Or Item	MUTUAL FUNDS	CategoryOrItem
Listed At Cost Or FMV	AT COST	ListedAtCostOrFMV
Book Value	1138303	BookValue
EOYFMV	1101117	EOYFMV

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases OtherDecreases (2 entries)

DescriptionDescription	AmountAmount
2012 ETP'S	$1,228
2011 INCOME TAX	$328

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses

Field	Value	IRS element (for citing)
Description	Postage	Description
Revenue And Expenses Per Books	7	RevenueAndExpensesPerBooks
Net Investment Income	7	NetInvestmentIncome

Other Increases Schedule OtherIncreasesSchedule

Other Increases OtherIncreases

Field	Value	IRS element (for citing)
Description	RETURN OF CAPITAL	Description
Amount	$210	Amount

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees OtherProfessionalFees

Field	Value	IRS element (for citing)
Category	PROSPERITY BANK-TRUST FEES	Category
Amount	$11,538	Amount
Net Investment Income	11538	NetInvestmentIncome
Adjusted Net Income	0	AdjustedNetIncome
Disbursements Charitable Prps	0	DisbursementsCharitablePrps

Taxes Schedule TaxesSchedule

Taxes Taxes

Field	Value	IRS element (for citing)
Category	FOREIGN TAX PAID	Category
Amount	$459	Amount
Net Investment Income	459	NetInvestmentIncome

R H PICKERING FAMILY FOUNDATION: Form 990PF, tax year 2012

Return header ReturnHeader

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Preparer Firm US Address PreparerFirmUSAddress

Filer Filer

Name Name

US Address USAddress

Officer Officer

Preparer Preparer

Form 990-PF IRS990PF

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Balance Sheets BalanceSheets

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

Capital Gains And Losses CapitalGainsAndLosses

Capital Gains And Losses Info CapitalGainsAndLossesInfo (5 entries)

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

Statements Regarding Activities StatementsRegardingActivities

Books In Care Of Business Name BooksInCareOfBusinessName

Books In Care Of US Address BooksInCareOfUSAddress

Statements Regarding Acty4720 StatementsRegardingActy4720

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (3 entries)

Summary Of Direct Charitable Acty SummaryOfDirectCharitableActy

Minimum Investment Return MinimumInvestmentReturn

Distributable DistributableAmount

Qualifying Distributions QualifyingDistributions

Undistributed Income UndistributedIncome

Supplementary Information SupplementaryInformation

Appication Submission Info AppicationSubmissionInfo

Recipient US Address RecipientUSAddress

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (2 entries)

Analysis Income Producing Acty AnalysisIncomeProducingActy

Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII

Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry

Subtotals Part XVIA SubtotalsPartXVIA

Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees AccountingFees

Investments Govt Obligations Sch InvestmentsGovtObligationsSch

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOther

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases OtherDecreases (2 entries)

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses

Other Increases Schedule OtherIncreasesSchedule

Other Increases OtherIncreases

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees OtherProfessionalFees

Taxes Schedule TaxesSchedule

Taxes Taxes

Comments