BERNARD AND BETTY HARDESTY CHARITABLE FOUNDATION INC: Form 990PF, tax year 2012

View the entire original 990 at ProPublica ↗

Organization
BERNARD AND BETTY HARDESTY CHARITABLE FOUNDATION INC (EIN 52-2284064)
Tax period
2012-01-01 to 2012-12-31
Filed
2013-05-16
IRS object ID
201331369349100418
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)
Timestamp2013-05-16T13:53:07-04:00Timestamp
Tax Period End Date2012-12-31TaxPeriodEndDate

Preparer Firm PreparerFirm

FieldValueIRS element (for citing)
EIN208247265EIN

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1Hansen Accounting & Tax AssociatesBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line1108 Old Solomons Island Rd L3AddressLine1
CityAnnapolisCity
StateMDState
ZIP Code21401ZIPCode
FieldValueIRS element (for citing)
Return Type990PFReturnType
Tax Period Begin Date2012-01-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN522284064EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1THE BERNARD AND BETTY HARDESTYBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlBERNNameControl

US Address USAddress

FieldValueIRS element (for citing)
Address Line1334 GREENWOOD HALL FARM LANEAddressLine1
CityGRASONVILLECity
StateMDState
ZIP Code21638ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameBERNARD HARDESTYName
TitlePRESIDENTTitle
Phone4108278437Phone
Date Signed2013-05-13DateSigned
Authorize Third PartyfalseAuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameHerbert HansenName
PTINP01241604PTIN
Phone4105731521Phone
Date Prepared2013-05-16DatePrepared
FieldValueIRS element (for citing)
Tax Year2012TaxYear
Build TS2016-02-25 16:41:14ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Exempt PFXExemptPF
FMV Assets EOY0FMVAssetsEOY
Method Of Accounting CashXMethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Not Required To Attach Schedule BXNotRequiredToAttachScheduleB
Interest On Savings Rev And Expnss1InterestOnSavingsRevAndExpnss
Interest On Savings Net Invst Incm1InterestOnSavingsNetInvstIncm
Dividends Rev And Expnss4164DividendsRevAndExpnss
Dividends Net Invst Incm4164DividendsNetInvstIncm
Net Gain Sale Assets Rev And Expnss515NetGainSaleAssetsRevAndExpnss
Total Revenue And Expenses4680TotalRevenueAndExpenses
Total Net Investment Income4165TotalNetInvestmentIncome
Other Prof Fees Rev And Expnss385OtherProfFeesRevAndExpnss
Other Prof Fees Net Invst Incm385OtherProfFeesNetInvstIncm
Tot Opr Expenses Rev And Expnss385TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm385TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps0TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss0ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps0ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss385TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm385TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps0TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses4295ExcessOfRevenueOverExpenses
Net Investment Income3780NetInvestmentIncome
Adjusted Net Income0AdjustedNetIncome

Balance Sheets BalanceSheets

FieldValueIRS element (for citing)
Cash BOY133070CashBOY
Cash EOY137365CashEOY
Total Assets BOY133070TotalAssetsBOY
Total Assets EOY137365TotalAssetsEOY
Total Assets EOYFMV0TotalAssetsEOYFMV
Total Liabilities BOY0TotalLiabilitiesBOY
Total Liabilities EOY0TotalLiabilitiesEOY
Org That Follow SFAS117XOrgThatFollowSFAS117
Unrestricted BOY133070UnrestrictedBOY
Unrestricted EOY137365UnrestrictedEOY
Total Net Assets BOY133070TotalNetAssetsBOY
Total Net Assets EOY137365TotalNetAssetsEOY
Total Liabilities Net Assets BOY133070TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY137365TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

FieldValueIRS element (for citing)
Total Net Assets Fund Balances BOY133070TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses4295ExcessOfRevenueOverExpenses
Subtotal137365Subtotal
Total Net Assets Fund Balances EOY137365TotalNetAssetsFundBalancesEOY

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

FieldValueIRS element (for citing)
Liable For4942 TaxfalseLiableFor4942Tax
Qualifying Distributions Year18620QualifyingDistributionsYear1
Noncharitable Assets Year190620NoncharitableAssetsYear1
Distribution Ratio Year10.095122DistributionRatioYear1
Qualifying Distributions Year22476QualifyingDistributionsYear2
Noncharitable Assets Year290620NoncharitableAssetsYear2
Distribution Ratio Year20.027323DistributionRatioYear2
Qualifying Distributions Year32700QualifyingDistributionsYear3
Noncharitable Assets Year390620NoncharitableAssetsYear3
Distribution Ratio Year30.029795DistributionRatioYear3
Qualifying Distributions Year411400QualifyingDistributionsYear4
Noncharitable Assets Year490620NoncharitableAssetsYear4
Distribution Ratio Year40.1258DistributionRatioYear4
Qualifying Distributions Year510913QualifyingDistributionsYear5
Noncharitable Assets Year590620NoncharitableAssetsYear5
Distribution Ratio Year50.120426DistributionRatioYear5
Total Distribution Ratio0.398466TotalDistributionRatio
Average Distribution Ratio0.079693AverageDistributionRatio
Net Noncharitable Assets136275NetNoncharitableAssets
Adjusted Noncharitable Assets10860AdjustedNoncharitableAssets
One Percent Net Investment Income38OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One10898AdjNonchrtblAssetsAndOnePct
Qualifying Distributions7200QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

FieldValueIRS element (for citing)
Investment Income Excise Tax76InvestmentIncomeExciseTax
Tax Under Section5110TaxUnderSection511
Subtotal76Subtotal
Subtitle A Tax0SubtitleATax
Tax Based On Investment Income76TaxBasedOnInvestmentIncome
Tax Due76TaxDue

Statements Regarding Activities StatementsRegardingActivities

FieldValueIRS element (for citing)
Legislative Political ActivitiesfalseLegislativePoliticalActivities
More Than100 SpentfalseMoreThan100Spent
Form1120 POL FiledfalseForm1120POLFiled
Activities Not Prev ReportedfalseActivitiesNotPrevReported
Changes To Articles Or BylawsfalseChangesToArticlesOrBylaws
Unrelated Bus Income Over1000falseUnrelatedBusIncomeOver1000
Termination EtcfalseTerminationEtc
Requirements Of Sect508etrueRequirementsOfSect508e
At Least5000 In AssetstrueAtLeast5000InAssets
States Filed WithMDStatesFiledWith
Form990 PF Filed With AGtrueForm990PFFiledWithAG
Private Operating FoundationtruePrivateOperatingFoundation
New Substantial ContributorsfalseNewSubstantialContributors
Interest In Controlled EntityfalseInterestInControlledEntity
Applicable Insurance ContractfalseApplicableInsuranceContract
Comply With Public Inspection RqrtrueComplyWithPublicInspectionRqr
Books In Care Of Person NameBERNARD O HARDESTY JRBooksInCareOfPersonName
Books In Care Of Phone Number4108278437BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

FieldValueIRS element (for citing)
Address Line1334 GREENWOOD HALL FARM LANEAddressLine1
CityGRASONVILLECity
StateMDState
ZIP Code21638ZIPCode
FieldValueIRS element (for citing)
Foreign BankfalseForeignBank

Statements Regarding Acty4720 StatementsRegardingActy4720

FieldValueIRS element (for citing)
Sale Or Exchange With Dsqfly PersonfalseSaleOrExchangeWithDsqflyPerson
Borrow Or Lend With Dsqfly PersonfalseBorrowOrLendWithDsqflyPerson
Furnished Goods With Dsqfly PersonfalseFurnishedGoodsWithDsqflyPerson
Pay Compensation To Dsqfly PersonfalsePayCompensationToDsqflyPerson
Transfer Assets To Dsqfly PersonfalseTransferAssetsToDsqflyPerson
Payment To Government OfficalfalsePaymentToGovernmentOffical
Uncorrected Prior ActsfalseUncorrectedPriorActs
Undistributed Income Prior YearsfalseUndistributedIncomePriorYears
Undistr Income4942a2 Not AppliedfalseUndistrIncome4942a2NotApplied
Business HoldingsfalseBusinessHoldings
Jeopardy InvestmentsfalseJeopardyInvestments
Uncorrected Jeopardy InvestmentsfalseUncorrectedJeopardyInvestments
Influence LegislationfalseInfluenceLegislation
Influence ElectionfalseInfluenceElection
Grants To IndividualsfalseGrantsToIndividuals
Grants To OrganizationsfalseGrantsToOrganizations
Noncharitable PurposefalseNoncharitablePurpose
Rcv Funds To Pay Prsnl Bnft ContractfalseRcvFundsToPayPrsnlBnftContract
Pay Premiums Prsnl Bnft ContractfalsePayPremiumsPrsnlBnftContract
Prohibited Tax Shelter TransactnfalseProhibitedTaxShelterTransactn

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
BERNARD O HARDESTY JR
334 GREENWOOD HALL FARM LANEGRASONVILLEMD21638PRESIDENT0.00000
BRENDA HARDESTY
334 GREENWOOD HALL FARM LANEGRASONVILLEMD21638VP0.00000
KELLY PHIPPS
334 GREENWOOD HALL FARM LANEGRASONVILLEMD21638VP0.00000
FieldValueIRS element (for citing)
Comp Of Highest Paid Empl NONENONECompOfHighestPaidEmplNONE
Tot Number Of Oth Empl Paid Over50k0TotNumberOfOthEmplPaidOver50k

Summary Of Direct Charitable Acty SummaryOfDirectCharitableActy

FieldValueIRS element (for citing)
Description1DONATIONS TO 501 C3 ORGANIZATIONSDescription1
Expenses17200Expenses1

Minimum Investment Return MinimumInvestmentReturn

FieldValueIRS element (for citing)
Avg Monthly FMV Of Securities135000AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances3000AvgMonthlyCashBalances
FMV All Other Noncharitable Assets0FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets138000TotalFMVOfUnusedAssets
Acquisition Indebtedness0AcquisitionIndebtedness
Adj Total FMV Of Unused Assets138000AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable1725CashDeemedCharitable
Net Noncharitable Assets136275NetNoncharitableAssets
Minimum Investment Return6814MinimumInvestmentReturn

Distributable DistributableAmount

FieldValueIRS element (for citing)
Minimum Investment Return6814MinimumInvestmentReturn
Tax Based On Investment Income76TaxBasedOnInvestmentIncome
Total Tax76TotalTax
Distributable Amount Before Adj6738DistributableAmountBeforeAdj
Distributable Amount Before Ded6738DistributableAmountBeforeDed
Distributable Amount As Adjusted6738DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

FieldValueIRS element (for citing)
Expenses And Contributions0ExpensesAndContributions
Amounts Set Aside Cash Distri Test7200AmountsSetAsideCashDistriTest
Qualifying Distributions7200QualifyingDistributions
Adj Qualifying Distributions7200AdjQualifyingDistributions

Undistributed Income UndistributedIncome

FieldValueIRS element (for citing)
Distributable Amount As Adjusted6738DistributableAmountAsAdjusted
Excess Distri Carryover Year46910ExcessDistriCarryoverYear4
Excess Distri Carryover Year12095ExcessDistriCarryoverYear1
Total Excess Distri Carryover9005TotalExcessDistriCarryover
Qualifying Distributions7200QualifyingDistributions
Applied To Current Year6738AppliedToCurrentYear
Remaining Distri From Corpus462RemainingDistriFromCorpus
Total Corpus9467TotalCorpus
Undistributed Income CY0UndistributedIncomeCY
Excess Distri Cyov To Next Year9467ExcessDistriCyovToNextYear
Excess From Year46910ExcessFromYear4
Excess From Year12095ExcessFromYear1
Excess From Current Year462ExcessFromCurrentYear

Private Operating Foundations PrivateOperatingFoundations

Lessor Adj Net Incm Min Invst Return LessorAdjNetIncmMinInvstReturn

FieldValueIRS element (for citing)
Current Year3780CurrentYear
Year12476Year1
Year22357Year2
Year3115Year3
Total8728Total

Percent85 Of Lessor Percent85OfLessor

FieldValueIRS element (for citing)
Current Year3213CurrentYear
Year12105Year1
Year22003Year2
Year398Year3
Total7419Total

Qualifying Distributions QualifyingDistributions

FieldValueIRS element (for citing)
Current Year7200CurrentYear
Year210250Year2
Year32700Year3
Total20150Total

Qlfy Distri Made Directly QlfyDistriMadeDirectly

FieldValueIRS element (for citing)
Current Year7200CurrentYear
Year210250Year2
Year32700Year3
Total20150Total

Two Thirds Min Invst Return TwoThirdsMinInvstReturn

FieldValueIRS element (for citing)
Current Year4543CurrentYear
Total4543Total

Supplementary Information SupplementaryInformation

FieldValueIRS element (for citing)
Contributing ManagerBERNARD AND BRENDA HARDESTYContributingManager

Appication Submission Info AppicationSubmissionInfo

FieldValueIRS element (for citing)
Recipient NameBERNARD O HARDESTYRecipientName

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1324 GREENWOOD FARM LANEAddressLine1
CityGRASONVILLECity
StateMDState
ZIP Code21638ZIPCode
FieldValueIRS element (for citing)
Recipient Phone Number4108278113RecipientPhoneNumber
Form And Info And MaterialsWRITTEN REQUESTFormAndInfoAndMaterials
Submission DeadlinesNONESubmissionDeadlines
Restrictions On AwardsNONERestrictionsOnAwards

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (7 entries)

Address Line1RecipientUSAddress/AddressLine1CityRecipientUSAddress/CityStateRecipientUSAddress/StateZIP CodeRecipientUSAddress/ZIPCodeRecipient RelationshipRecipientRelationshipRecipient Foundation StatusRecipientFoundationStatusPurpose Of Grant Or ContributionPurposeOfGrantOrContributionAmountAmount
HOSPICE OF QUEEN ANNES INC
255 COMET DRCentrevilleMD21617NONENONECHARITY$500
AM DIABETES ASSOC
PO BOX 1834MerrifieldVA22116NONENONECHARITY$500
CASA OF QUEEN ANNES CO
105 N LIBERTY ST 5CentrevilleMD21617NONENONECHARITY$500
THE CHILDRENS HOME FOUNDATION
1102 RIVERSIDE DRSalisburyMD21801NONENONECHARITY$250
QUEEN ANNES COUNTY MENTAL HEAL
PO BOX 44ChesterMD21619NONENONECHARITY$250
ST PAULS PARISH
PO BOX 278CentrevilleMD21617NONENONECHARITY$1,700
MARYLAND PUBLIC TELEVISION
PO BOX 13183BaltimoreMD21203NONENONECHARITY$250
FieldValueIRS element (for citing)
Tot Grant Or Contri Paid During Year3950TotGrantOrContriPaidDuringYear

Grant Or Contri Approved For Future GrantOrContriApprovedForFuture (7 entries)

Address Line1RecipientUSAddress/AddressLine1CityRecipientUSAddress/CityStateRecipientUSAddress/StateZIP CodeRecipientUSAddress/ZIPCodeRecipient RelationshipRecipientRelationshipRecipient Foundation StatusRecipientFoundationStatusPurpose Of Grant Or ContributionPurposeOfGrantOrContributionAmountAmount
MARINE CORPS SCHOLARSHIP
PO BOX 10283UniondaleNY11555NONENONECHARITY$500
GRASONVILLE VOL FIRE DEPT INC
PO BOX 457GrasonvilleMD21638NONENONECHARITY$500
INDIAN CREEK SCHOOL
1130 ANNE CHAMBERS WAYCrownsvilleMD21032NONENONECHARITY$250
QUEEN ANNES COUNTY CHRISTIAN
PO BOX 44ChesterMD21619NONENONECHARITY$250
SMILE TRAIN
PO BOX 96231WashingtonDC20090NONENONECHARITY$250
ADKINS ARBORETUM
PO BOX 100RidgelyMD21660NONENONECHARITY$500
THE GUNSTON SCHOOL
PO BOX 200CentrevilleMD21617NONENONECHARITY$1,000
FieldValueIRS element (for citing)
Tot Grant Or Contri Approved Future3250TotGrantOrContriApprovedFuture

Analysis Income Producing Acty AnalysisIncomeProducingActy

Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst

FieldValueIRS element (for citing)
Unrelated Business Income$1UnrelatedBusinessIncomeAmount

Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII

FieldValueIRS element (for citing)
Unrelated Business Income$4,164UnrelatedBusinessIncomeAmount

Subtotals Part XVIA SubtotalsPartXVIA

FieldValueIRS element (for citing)
Unrelated Business Income$4,165UnrelatedBusinessIncomeAmount
FieldValueIRS element (for citing)
Total Part XVIA4165TotalPartXVIA

Rln Of Acty To Accom Of Exempt Prps RlnOfActyToAccomOfExemptPrps

Rln Of Acty To Accom Of Exempt Prps RlnOfActyToAccomOfExemptPrps

FieldValueIRS element (for citing)
Line Number3LineNumber
Relationship StatementNO ACTIVITIES CARRIED ON FUNDS WERE USED TO MAKE CONTRIBUT- IONS TO 501 C 3 ORGANIZATIONSRelationshipStatement

Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO

FieldValueIRS element (for citing)
Trnsfr Of Cash To Noncharitable EOfalseTrnsfrOfCashToNoncharitableEO
Trnsfr Oth Assets Noncharitable EOfalseTrnsfrOthAssetsNoncharitableEO
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssets
Purchase Assets Noncharitable EOfalsePurchaseAssetsNoncharitableEO
Rental Of Facilities EtcfalseRentalOfFacilitiesEtc
Reimbursement ArrangementsfalseReimbursementArrangements
Loans Or Loan GuaranteesfalseLoansOrLoanGuarantees
Performance Of Services EtcfalsePerformanceOfServicesEtc
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtc
Relationships Noncharitable E OsfalseRelationshipsNoncharitableEOs

Compensation Explanation CompensationExplanation

Compensation Compensation

FieldValueIRS element (for citing)
Person NameBERNARD O HARDESTY JRPersonName
ExplanationNONEExplanation

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees OtherProfessionalFees

FieldValueIRS element (for citing)
CategoryINVESTMENT FEESCategory
Amount$385Amount
Net Investment Income385NetInvestmentIncome
Adjusted Net Income0AdjustedNetIncome
Disbursements Charitable Prps0DisbursementsCharitablePrps

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