DOOLIN FAMILY FOUNDATION: Form 990PF, tax year 2012

View the entire original 990 at ProPublica ↗

Organization
DOOLIN FAMILY FOUNDATION (EIN 75-2780279)
Tax period
2012-01-01 to 2012-12-31
Filed
2013-05-13
IRS object ID
201331339349102063
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)
Timestamp2013-05-13T14:58:49-05:00Timestamp
Tax Period End Date2012-12-31TaxPeriodEndDate

Preparer Firm PreparerFirm

FieldValueIRS element (for citing)
EIN840803727EIN

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1REESE HENRY & COMPANY INCBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line1400 EAST MAIN STREET SUITE 2AddressLine1
CityASPENCity
StateCOState
ZIP Code81611ZIPCode
FieldValueIRS element (for citing)
Return Type990PFReturnType
Tax Period Begin Date2012-01-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN752780279EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1THE DOOLIN FAMILY FOUNDATIONBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlDOOLNameControl
Phone9709253771Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line1C/O REESE HENRY 400 E MAIN ST STE 2AddressLine1
CityASPENCity
StateCOState
ZIP Code81611ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameBRETT MALCOLMName
TitleDIRECTORTitle
Phone9709253771Phone
Date Signed2013-05-08DateSigned
Authorize Third Party1AuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameCHRISTOPHER L TOLK CPAName
PTINP00163872PTIN
Phone9709253771Phone
FieldValueIRS element (for citing)
Tax Year2012TaxYear
Build TS2016-02-25 16:41:14ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Address ChangeXAddressChange
Exempt PFXExemptPF
FMV Assets EOY1093583FMVAssetsEOY
Method Of Accounting CashXMethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Received Rev And Expnss1361698ContriReceivedRevAndExpnss
Interest On Savings Rev And Expnss886InterestOnSavingsRevAndExpnss
Interest On Savings Net Invst Incm886InterestOnSavingsNetInvstIncm
Capital Gain Net Incm Net Invst Incm0CapitalGainNetIncmNetInvstIncm
Total Revenue And Expenses1362584TotalRevenueAndExpenses
Total Net Investment Income886TotalNetInvestmentIncome
Comp Ofcr Dir Trst Rev And Expnss0CompOfcrDirTrstRevAndExpnss
Comp Ofcr Dir Trst Net Invst Incm0CompOfcrDirTrstNetInvstIncm
Comp Ofcr Dir Trst Dsbrs Chrtbl Prps0CompOfcrDirTrstDsbrsChrtblPrps
Other Expenses Rev And Expnss1036OtherExpensesRevAndExpnss
Other Expenses Net Invst Incm1036OtherExpensesNetInvstIncm
Other Expenses Dsbrs Chrtbl Prps0OtherExpensesDsbrsChrtblPrps
Tot Opr Expenses Rev And Expnss1036TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm1036TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps0TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss275000ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps275000ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss276036TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm1036TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps275000TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses1086548ExcessOfRevenueOverExpenses
Net Investment Income0NetInvestmentIncome

Balance Sheets BalanceSheets

FieldValueIRS element (for citing)
Savings And Temp Cash Invst BOY6938SavingsAndTempCashInvstBOY
Savings And Temp Cash Invst EOY1093486SavingsAndTempCashInvstEOY
Savings And Temp Cash Invst EOYFMV1093583SavingsAndTempCashInvstEOYFMV
Total Assets BOY6938TotalAssetsBOY
Total Assets EOY1093486TotalAssetsEOY
Total Assets EOYFMV1093583TotalAssetsEOYFMV
Total Liabilities BOY0TotalLiabilitiesBOY
Total Liabilities EOY0TotalLiabilitiesEOY
Org That Do Not Follow SFAS117XOrgThatDoNotFollowSFAS117
Capital Stock BOY0CapitalStockBOY
Capital Stock EOY0CapitalStockEOY
Paid In Or Capital Surplus BOY0PaidInOrCapitalSurplusBOY
Paid In Or Capital Surplus EOY0PaidInOrCapitalSurplusEOY
Retained Earnings BOY6938RetainedEarningsBOY
Retained Earnings EOY1093486RetainedEarningsEOY
Total Net Assets BOY6938TotalNetAssetsBOY
Total Net Assets EOY1093486TotalNetAssetsEOY
Total Liabilities Net Assets BOY6938TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY1093486TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

FieldValueIRS element (for citing)
Total Net Assets Fund Balances BOY6938TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses1086548ExcessOfRevenueOverExpenses
Other Increases0OtherIncreases
Subtotal1093486Subtotal
Other Decreases0OtherDecreases
Total Net Assets Fund Balances EOY1093486TotalNetAssetsFundBalancesEOY

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

FieldValueIRS element (for citing)
Liable For4942 Tax0LiableFor4942Tax
Qualifying Distributions Year10QualifyingDistributionsYear1
Noncharitable Assets Year16834NoncharitableAssetsYear1
Distribution Ratio Year10.000000DistributionRatioYear1
Qualifying Distributions Year225000QualifyingDistributionsYear2
Noncharitable Assets Year226987NoncharitableAssetsYear2
Distribution Ratio Year20.926372DistributionRatioYear2
Qualifying Distributions Year320000QualifyingDistributionsYear3
Noncharitable Assets Year350581NoncharitableAssetsYear3
Distribution Ratio Year30.395405DistributionRatioYear3
Qualifying Distributions Year415000QualifyingDistributionsYear4
Noncharitable Assets Year465541NoncharitableAssetsYear4
Distribution Ratio Year40.228864DistributionRatioYear4
Qualifying Distributions Year535000QualifyingDistributionsYear5
Noncharitable Assets Year599157NoncharitableAssetsYear5
Distribution Ratio Year50.352976DistributionRatioYear5
Total Distribution Ratio1.903617TotalDistributionRatio
Average Distribution Ratio0.380723AverageDistributionRatio
Net Noncharitable Assets707307NetNoncharitableAssets
Adjusted Noncharitable Assets269288AdjustedNoncharitableAssets
One Percent Net Investment Income0OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One269288AdjNonchrtblAssetsAndOnePct
Qualifying Distributions275000QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eXDomesticOrgMeetingSect4940e
Investment Income Excise Tax0InvestmentIncomeExciseTax
Tax Under Section5110TaxUnderSection511
Subtotal0Subtotal
Subtitle A Tax0SubtitleATax
Tax Based On Investment Income0TaxBasedOnInvestmentIncome
Total Credits And Payments0TotalCreditsAndPayments
Tax Due0TaxDue

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 Bylaws1ChangesToArticlesOrBylaws
Unrelated Bus Income Over10000UnrelatedBusIncomeOver1000
Termination Etc0TerminationEtc
Requirements Of Sect508e1RequirementsOfSect508e
At Least5000 In Assets1AtLeast5000InAssets
States Filed WithTXStatesFiledWith
Form990 PF Filed With AG1Form990PFFiledWithAG
Private Operating Foundation0PrivateOperatingFoundation
New Substantial Contributors1NewSubstantialContributors
Interest In Controlled Entity0InterestInControlledEntity
Applicable Insurance Contract0ApplicableInsuranceContract
Comply With Public Inspection Rqr1ComplyWithPublicInspectionRqr
Website AddressN/AWebsiteAddress
Books In Care Of Person NameWILLADEAN DOOLINBooksInCareOfPersonName
Books In Care Of Phone Number9709253771BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

FieldValueIRS element (for citing)
Address Line1C/O REESE HENRY 400 E MAIN ST STE 2AddressLine1
CityASPENCity
StateCOState
ZIP Code81611ZIPCode
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 (3 entries)

Address Line1USAddress/AddressLine1CityUSAddress/CityStateUSAddress/StateZIP CodeUSAddress/ZIPCodeTitleTitleAvg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPositionCompensationCompensationContri To Empl Benefit Plans EtcContriToEmplBenefitPlansEtcExpense Account Other AllowancesExpenseAccountOtherAllowances
WILLADEAN DOOLIN
1055 PRINCE CREEK ROADCARBONDALECO81623PRESIDENT1.00000
KRISTA EDDY
C/O REESE HENRY 400 E MAIN ST STE 2ASPENCO81611DIRECTOR0.00000
BRETT MALCOLM
1055 PRINCE CREEK ROADCARBONDALECO81623DIRECTOR0.00000
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 Securities0AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances718078AvgMonthlyCashBalances
FMV All Other Noncharitable Assets0FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets718078TotalFMVOfUnusedAssets
Reduction Claimed0ReductionClaimed
Acquisition Indebtedness0AcquisitionIndebtedness
Adj Total FMV Of Unused Assets718078AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable10771CashDeemedCharitable
Net Noncharitable Assets707307NetNoncharitableAssets
Minimum Investment Return35365MinimumInvestmentReturn

Distributable DistributableAmount

FieldValueIRS element (for citing)
Minimum Investment Return35365MinimumInvestmentReturn
Total Tax0TotalTax
Distributable Amount Before Adj35365DistributableAmountBeforeAdj
Recoveries Qlfy Distributions0RecoveriesQlfyDistributions
Distributable Amount Before Ded35365DistributableAmountBeforeDed
Deduction Fr Distributable$0DeductionFrDistributableAmount
Distributable Amount As Adjusted35365DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

FieldValueIRS element (for citing)
Expenses And Contributions275000ExpensesAndContributions
Program Related Investments Total0ProgramRelatedInvestmentsTotal
Qualifying Distributions275000QualifyingDistributions
One Pct Sect4940e Org Net Invst Incm0OnePctSect4940eOrgNetInvstIncm
Adj Qualifying Distributions275000AdjQualifyingDistributions

Undistributed Income UndistributedIncome

FieldValueIRS element (for citing)
Distributable Amount As Adjusted35365DistributableAmountAsAdjusted
Undistributed Income Prior Year0UndistributedIncomePriorYear
Total For Prior Years0TotalForPriorYears
Excess Distri Carryover Year530042ExcessDistriCarryoverYear5
Excess Distri Carryover Year411723ExcessDistriCarryoverYear4
Excess Distri Carryover Year317471ExcessDistriCarryoverYear3
Excess Distri Carryover Year223651ExcessDistriCarryoverYear2
Total Excess Distri Carryover82887TotalExcessDistriCarryover
Qualifying Distributions275000QualifyingDistributions
Applied To Year10AppliedToYear1
Applied To Prior Years0AppliedToPriorYears
Treated As Distri From Corpus0TreatedAsDistriFromCorpus
Applied To Current Year35365AppliedToCurrentYear
Remaining Distri From Corpus239635RemainingDistriFromCorpus
Excess Distri Cyov App CY Corpus0ExcessDistriCyovAppCYCorpus
Excess Distri Cyov Applied CY0ExcessDistriCyovAppliedCY
Total Corpus322522TotalCorpus
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 Year530042ExcessDistriCyovFromYear5
Excess Distri Cyov To Next Year292480ExcessDistriCyovToNextYear
Excess From Year411723ExcessFromYear4
Excess From Year317471ExcessFromYear3
Excess From Year223651ExcessFromYear2
Excess From Current Year239635ExcessFromCurrentYear

Supplementary Information SupplementaryInformation

FieldValueIRS element (for citing)
Only Contributes To PreselectedXOnlyContributesToPreselected

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (2 entries)

Address Line1RecipientUSAddress/AddressLine1CityRecipientUSAddress/CityStateRecipientUSAddress/StateZIP CodeRecipientUSAddress/ZIPCodeRecipient RelationshipRecipientRelationshipRecipient Foundation StatusRecipientFoundationStatusPurpose Of Grant Or ContributionPurposeOfGrantOrContributionAmountAmount
SUSTAINABLE SETTINGS
6107 HWY 133CARBONDALECO81623NONEPUBLIC CHARITYGENERAL FUNDS$255,000
COLORADO STATE UNIVERSITY FOUNDATION
601 SOUTH HOWES STREETFORT COLLINSCO805237115NONEPUBLIC CHARITYEQUINE ORTHOPAEDIC RESEARCH$20,000
FieldValueIRS element (for citing)
Tot Grant Or Contri Paid During Year275000TotGrantOrContriPaidDuringYear
Tot Grant Or Contri Approved Future0TotGrantOrContriApprovedFuture

Analysis Income Producing Acty AnalysisIncomeProducingActy

Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst

FieldValueIRS element (for citing)
Exclusion Code14ExclusionCode
Exclusion$886ExclusionAmount

Subtotals Part XVIA SubtotalsPartXVIA

FieldValueIRS element (for citing)
Unrelated Business Income$0UnrelatedBusinessIncomeAmount
Exclusion$886ExclusionAmount
Related Or Exempt Function Income0RelatedOrExemptFunctionIncome
FieldValueIRS element (for citing)
Total Part XVIA886TotalPartXVIA

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 Business ContributorNameBusiness

FieldValueIRS element (for citing)
Business Name Line1MARY KATHRYN DOOLIN CHARITABLE CLUT FOUNDATIONBusinessNameLine1

Contributor Address US ContributorAddressUS

FieldValueIRS element (for citing)
Address Line112770 COIT RD STE 1217AddressLine1
CityDALLASCity
StateTXState
ZIP Code75251ZIPCode
FieldValueIRS element (for citing)
Aggregate Contributions1361698AggregateContributions
Person Contribution TypeXPersonContributionType

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses

FieldValueIRS element (for citing)
DescriptionBANK FEESDescription
Revenue And Expenses Per Books1036RevenueAndExpensesPerBooks
Net Investment Income1036NetInvestmentIncome
Disbursements Charitable Prps0DisbursementsCharitablePrps

Substantial Contributors Sch SubstantialContributorsSch

Substantial Contributor SubstantialContributor

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MARY KATHRYN DOOLIN CHARITABLE CLUT FOUNDATIONBusinessNameLine1

US Address USAddress

FieldValueIRS element (for citing)
Address Line112770 COIT RD STE 1217AddressLine1
CityDALLASCity
StateTXState
ZIP Code75251ZIPCode

Comments

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