ATKINSON FAMILY FOUNDATION INC: Form 990PF, tax year 2012

View the entire original 990 at ProPublica ↗

Organization: ATKINSON FAMILY FOUNDATION INC (EIN 73-1576901)
Tax period: 2012-01-01 to 2012-12-31
Filed: 2013-11-14
IRS object ID: 201323189349101567
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
Investments Corp Stock Schedule
Other Income Schedule2
Other Increases Schedule
Other Professional Fees Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2013-11-14T11:48:38-08:00	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	ANTHONY D MCDOULETT CPA PLLC	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	2526 E 71ST SUITE G	AddressLine1
City	TULSA	City
State	OK	State
ZIP Code	74136	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	731576901	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	ATKINSON FAMILY FOUNDATION INC	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	ATKI	NameControl
Phone	9185822501	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	401 SOUTH BOSTON AVENUE	AddressLine1
City	TULSA	City
State	OK	State
ZIP Code	74103	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	THOMAS M ATKINSON	Name
Title	PRESIDENT	Title
Phone	9185822501	Phone
Date Signed	2013-05-14	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	ANTHONY D MCDOULETT	Name
Phone	9184949020	Phone

Field	Value	IRS element (for citing)
Tax Year	2012	TaxYear
Build TS	2016-02-25 16:41:14Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Exempt PF	X	ExemptPF
FMV Assets EOY	854428	FMVAssetsEOY
Method Of Accounting Cash	X	MethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Contri Received Rev And Expnss	500	ContriReceivedRevAndExpnss
Not Required To Attach Schedule B	X	NotRequiredToAttachScheduleB
Dividends Rev And Expnss	19265	DividendsRevAndExpnss
Dividends Net Invst Incm	19265	DividendsNetInvstIncm
Dividends Adj Net Incm	19265	DividendsAdjNetIncm
Net Gain Sale Assets Rev And Expnss	13990	NetGainSaleAssetsRevAndExpnss
Gross Sales Price	33975	GrossSalesPrice
Capital Gain Net Incm Net Invst Incm	13990	CapitalGainNetIncmNetInvstIncm
Net STCG Adj Net Incm	2169	NetSTCGAdjNetIncm
Other Income Rev And Expnss	253	OtherIncomeRevAndExpnss
Other Income Net Invst Incm	253	OtherIncomeNetInvstIncm
Other Income Adj Net Incm	253	OtherIncomeAdjNetIncm
Total Revenue And Expenses	34008	TotalRevenueAndExpenses
Total Net Investment Income	33508	TotalNetInvestmentIncome
Total Adjusted Net Income	21687	TotalAdjustedNetIncome
Accounting Fees Rev And Expnss	675	AccountingFeesRevAndExpnss
Accounting Fees Net Invst Incm	675	AccountingFeesNetInvstIncm
Accounting Fees Adj Net Incm	675	AccountingFeesAdjNetIncm
Accounting Fees Dsbrs Chrtbl Prps	675	AccountingFeesDsbrsChrtblPrps
Other Prof Fees Rev And Expnss	7100	OtherProfFeesRevAndExpnss
Other Prof Fees Net Invst Incm	7100	OtherProfFeesNetInvstIncm
Other Prof Fees Adj Net Incm	7100	OtherProfFeesAdjNetIncm
Other Prof Fees Dsbrs Chrtbl Prps	7100	OtherProfFeesDsbrsChrtblPrps
Interest Rev And Expnss	9	InterestRevAndExpnss
Interest Net Invst Incm	9	InterestNetInvstIncm
Interest Adj Net Incm	9	InterestAdjNetIncm
Interest Dsbrs Chrtbl Prps	9	InterestDsbrsChrtblPrps
Taxes Rev And Expnss	423	TaxesRevAndExpnss
Tot Opr Expenses Rev And Expnss	8207	TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm	7784	TotOprExpensesNetInvstIncm
Tot Opr Expenses Adj Net Incm	7784	TotOprExpensesAdjNetIncm
Tot Opr Expenses Dsbrs Chrtbl Prps	7784	TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss	22020	ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps	22020	ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss	30227	TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm	7784	TotalExpensesNetInvstIncm
Total Expenses Adj Net Incm	7784	TotalExpensesAdjNetIncm
Total Expenses Dsbrs Chrtbl Prps	29804	TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses	3781	ExcessOfRevenueOverExpenses
Net Investment Income	25724	NetInvestmentIncome
Adjusted Net Income	13903	AdjustedNetIncome

Balance Sheets BalanceSheets

Field	Value	IRS element (for citing)
Savings And Temp Cash Invst BOY	7348	SavingsAndTempCashInvstBOY
Savings And Temp Cash Invst EOY	42068	SavingsAndTempCashInvstEOY
Savings And Temp Cash Invst EOYFMV	42068	SavingsAndTempCashInvstEOYFMV
Investments Corp Stock BOY	291552	InvestmentsCorpStockBOY
Investments Corp Stock EOY	271981	InvestmentsCorpStockEOY
Investments Corp Stock EOYFMV	812360	InvestmentsCorpStockEOYFMV
Total Assets BOY	298900	TotalAssetsBOY
Total Assets EOY	314049	TotalAssetsEOY
Total Assets EOYFMV	854428	TotalAssetsEOYFMV
Total Liabilities EOY	0	TotalLiabilitiesEOY
Org That Do Not Follow SFAS117	X	OrgThatDoNotFollowSFAS117
Capital Stock BOY	298900	CapitalStockBOY
Capital Stock EOY	314049	CapitalStockEOY
Total Net Assets BOY	298900	TotalNetAssetsBOY
Total Net Assets EOY	314049	TotalNetAssetsEOY
Total Liabilities Net Assets BOY	298900	TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY	314049	TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

Field	Value	IRS element (for citing)
Total Net Assets Fund Balances BOY	298900	TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses	3781	ExcessOfRevenueOverExpenses
Other Increases	11368	OtherIncreases
Subtotal	314049	Subtotal
Total Net Assets Fund Balances EOY	314049	TotalNetAssetsFundBalancesEOY

Capital Gains And Losses CapitalGainsAndLosses

Capital Gains And Losses Info CapitalGainsAndLossesInfo (4 entries)

Description Of AssetDescriptionOfAsset	How AcquiredHowAcquired	Date AcquiredDateAcquired	Date SoldDateSold	Gross Sales PriceGrossSalesPrice	Cost Or Other BasisCostOrOtherBasis	Gain Or LossGainOrLoss	Gains Minus Excess Or LossesGainsMinusExcessOrLosses
ALLIANCE HOLDINGS GP LP - 500 SHARES	P	2010-03-24	2012-10-10	24724	16384	8340	8340
GENERAL ELECTRIC CO. - 350 SHARES	P	2009-03-18	2012-03-16	7082	3601	3481	3481
CALL EXXON MOBIL CORP - 2 SHARES	P	2012-01-23	2012-01-01	414	0	414	414
CALL WHITING PETROLEUM - 15 SHARES	P	2012-10-22	2012-09-05	1755	0	1755	1755

Field	Value	IRS element (for citing)
Capital Gain Net Income	13990	CapitalGainNetIncome
Net Short Term Capital Gain Or Loss	2169	NetShortTermCapitalGainOrLoss

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

Field	Value	IRS element (for citing)
Qualifying Distributions Year1	33202	QualifyingDistributionsYear1
Noncharitable Assets Year1	786881	NoncharitableAssetsYear1
Distribution Ratio Year1	0.042194	DistributionRatioYear1
Qualifying Distributions Year2	52684	QualifyingDistributionsYear2
Noncharitable Assets Year2	501867	NoncharitableAssetsYear2
Distribution Ratio Year2	0.104976	DistributionRatioYear2
Qualifying Distributions Year3	27217	QualifyingDistributionsYear3
Noncharitable Assets Year3	361047	NoncharitableAssetsYear3
Distribution Ratio Year3	0.075384	DistributionRatioYear3
Qualifying Distributions Year4	45536	QualifyingDistributionsYear4
Noncharitable Assets Year4	476116	NoncharitableAssetsYear4
Distribution Ratio Year4	0.095641	DistributionRatioYear4
Qualifying Distributions Year5	24500	QualifyingDistributionsYear5
Noncharitable Assets Year5	570739	NoncharitableAssetsYear5
Distribution Ratio Year5	0.042927	DistributionRatioYear5
Total Distribution Ratio	0.361122	TotalDistributionRatio
Average Distribution Ratio	0.072224	AverageDistributionRatio
Net Noncharitable Assets	840128	NetNoncharitableAssets
Adjusted Noncharitable Assets	60677	AdjustedNoncharitableAssets
One Percent Net Investment Income	257	OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One	60934	AdjNonchrtblAssetsAndOnePct
Qualifying Distributions	29804	QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

Field	Value	IRS element (for citing)
Investment Income Excise Tax	514	InvestmentIncomeExciseTax
Tax Under Section511	0	TaxUnderSection511
Subtotal	514	Subtotal
Tax Based On Investment Income	514	TaxBasedOnInvestmentIncome
Tax Paid With Extension	525	TaxPaidWithExtension
Total Credits And Payments	525	TotalCreditsAndPayments
Original Return Overpayment	-525	OriginalReturnOverpayment
Overpayment	11	Overpayment
Amount Credited To Next Year	11	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
States Filed With	OK	StatesFiledWith
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 Person Name	THOMAS M ATKINSON	BooksInCareOfPersonName
Books In Care Of Phone Number	9185822501	BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

Field	Value	IRS element (for citing)
Address Line1	401 S BOSTON AVE STE 715	AddressLine1
City	TULSA	City
State	OK	State
ZIP Code	74103	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
Uncorrected Prior Acts	false	UncorrectedPriorActs
Undistributed Income Prior Years	false	UndistributedIncomePriorYears
Undistr Income4942a2 Not Applied	false	UndistrIncome4942a2NotApplied
Business Holdings	false	BusinessHoldings
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
Rcv Funds To Pay Prsnl Bnft Contract	false	RcvFundsToPayPrsnlBnftContract
Pay Premiums Prsnl Bnft Contract	false	PayPremiumsPrsnlBnftContract
Prohibited Tax Shelter Transactn	false	ProhibitedTaxShelterTransactn

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (2 entries)

Address Line1USAddress/AddressLine1	CityUSAddress/City	StateUSAddress/State	ZIP CodeUSAddress/ZIPCode	TitleTitle	Avg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPosition	CompensationCompensation	Contri To Empl Benefit Plans EtcContriToEmplBenefitPlansEtc	Expense Account Other AllowancesExpenseAccountOtherAllowances
THOMAS M ATKINSON
401 S BOSTON STE 715	TULSA	OK	74103	PRESIDENT	1.00	0	0	0
JOAN B ATKINSON
401 S BOSTON STE 715	TULSA	OK	74103	VP/SECRETARY	1.00	0	0	0

Field	Value	IRS element (for citing)
Comp Of Highest Paid Empl NONE	NONE	CompOfHighestPaidEmplNONE
Tot Number Of Oth Empl Paid Over50k	0	TotNumberOfOthEmplPaidOver50k
Comp Of Hghst Paid Cntrct NONE	NONE	CompOfHghstPaidCntrctNONE
Tot Number Of Cntrct Paid Over50k	0	TotNumberOfCntrctPaidOver50k

Minimum Investment Return MinimumInvestmentReturn

Field	Value	IRS element (for citing)
Avg Monthly FMV Of Securities	852372	AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances	550	AvgMonthlyCashBalances
FMV All Other Noncharitable Assets	0	FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets	852922	TotalFMVOfUnusedAssets
Adj Total FMV Of Unused Assets	852922	AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable	12794	CashDeemedCharitable
Net Noncharitable Assets	840128	NetNoncharitableAssets
Minimum Investment Return	42006	MinimumInvestmentReturn

Distributable DistributableAmount

Field	Value	IRS element (for citing)
Minimum Investment Return	42006	MinimumInvestmentReturn
Tax Based On Investment Income	514	TaxBasedOnInvestmentIncome
Total Tax	514	TotalTax
Distributable Amount Before Adj	41492	DistributableAmountBeforeAdj
Distributable Amount Before Ded	41492	DistributableAmountBeforeDed
Distributable Amount As Adjusted	41492	DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

Field	Value	IRS element (for citing)
Expenses And Contributions	29804	ExpensesAndContributions
Qualifying Distributions	29804	QualifyingDistributions
Adj Qualifying Distributions	29804	AdjQualifyingDistributions

Undistributed Income UndistributedIncome

Field	Value	IRS element (for citing)
Distributable Amount As Adjusted	41492	DistributableAmountAsAdjusted
Excess Distri Carryover Year2	26546	ExcessDistriCarryoverYear2
Total Excess Distri Carryover	26546	TotalExcessDistriCarryover
Qualifying Distributions	29804	QualifyingDistributions
Applied To Current Year	29804	AppliedToCurrentYear
Excess Distri Cyov App CY Corpus	11688	ExcessDistriCyovAppCYCorpus
Excess Distri Cyov Applied CY	11688	ExcessDistriCyovAppliedCY
Total Corpus	14858	TotalCorpus
Undistributed Income CY	0	UndistributedIncomeCY
Excess Distri Cyov To Next Year	14858	ExcessDistriCyovToNextYear
Excess From Year2	14858	ExcessFromYear2

Supplementary Information SupplementaryInformation

Field	Value	IRS element (for citing)
Contributing Manager	THOMAS M ATKINSON AND JOAN B ATKINS	ContributingManager
Only Contributes To Preselected	X	OnlyContributesToPreselected

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (2 entries)

Address Line1RecipientUSAddress/AddressLine1	CityRecipientUSAddress/City	StateRecipientUSAddress/State	ZIP CodeRecipientUSAddress/ZIPCode	Recipient Foundation StatusRecipientFoundationStatus	Purpose Of Grant Or ContributionPurposeOfGrantOrContribution	AmountAmount
NY JUNIOR TENNIS LEAGUE
58-12 QUEENS BOULEVARD STE 1	WOODSIDE	NY	11377	EXEMPT	NONE SPECIFIED	$2,020
THE FIRST PRESBYTERIAN CHURCH
709 S BOSTON AVE	TULSA	OK	74119	EXEMPT	NONE SPECIFIED	$20,000

Field	Value	IRS element (for citing)
Tot Grant Or Contri Paid During Year	22020	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	$19,265	ExclusionAmount

Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry

Field	Value	IRS element (for citing)
Exclusion Code	18	ExclusionCode
Exclusion	$13,990	ExclusionAmount

Subtotals Part XVIA SubtotalsPartXVIA

Field	Value	IRS element (for citing)
Exclusion	$33,255	ExclusionAmount

Field	Value	IRS element (for citing)
Total Part XVIA	33255	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

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corp Stock InvestmentsCorpStock

Field	Value	IRS element (for citing)
Name Of Stock	UBS FINANCIAL SERVICES - EQUITIES	NameOfStock
EOY Book Value	271981	EOYBookValue
EOYFMV	812360	EOYFMV

Other Income Schedule2 OtherIncomeSchedule2

Other Income OtherIncome

Field	Value	IRS element (for citing)
Description	OTHER INCOME	Description
Revenue And Expenses Per Books	253	RevenueAndExpensesPerBooks
Net Investment Income	253	NetInvestmentIncome
Adjusted Net Income	253	AdjustedNetIncome

Other Increases Schedule OtherIncreasesSchedule

Other Increases OtherIncreases

Field	Value	IRS element (for citing)
Description	NONTAXABLE MASTER LIMITED PARTNERSHIP DISTRIBUTIONS RECEIVED	Description
Amount	$11,368	Amount

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees OtherProfessionalFees

Field	Value	IRS element (for citing)
Category	UBS FINANCIAL INVESTMENT MGMT FEES	Category
Amount	$7,100	Amount
Net Investment Income	7100	NetInvestmentIncome
Adjusted Net Income	7100	AdjustedNetIncome
Disbursements Charitable Prps	7100	DisbursementsCharitablePrps

Taxes Schedule TaxesSchedule

Taxes Taxes

Field	Value	IRS element (for citing)
Category	EXCISE TAXES	Category
Amount	$423	Amount