BOYD FAMILY FOUNDATION: Form 990PF, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- BOYD FAMILY FOUNDATION (EIN 65-6237736)
- Tax period
- 2012-01-01 to 2012-12-31
- Filed
- 2013-07-09
- IRS object ID
- 201331909349100703
- 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
- Form 990-PF
- Accounting Fees Schedule
- Compensation Explanation
- Gain Loss Sale Other Assets Sch
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-07-09T11:11:20-05:00 | 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 | RAPACKI & COMPANY PA | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6800 FRANCE AVE STE 120 | AddressLine1 |
| City | EDINA | City |
| State | MN | State |
| ZIP Code | 55435 | 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 | 656237736 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BOYD FAMILY FOUNDATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | BOYD | NameControl |
| Phone | 5159614238 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 802 WEST DETROIT AVENUE | AddressLine1 |
| City | INDIANOLA | City |
| State | IA | State |
| ZIP Code | 50125 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | VIRGINIA STOVER | Name |
| Title | PRESIDENT | Title |
| Phone | 5159614238 | Phone |
| Date Signed | 2013-06-15 | DateSigned |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JOSEPH L RAPACKI JR CPA | Name |
| Phone | 9529455011 | Phone |
| Date Prepared | 2013-06-12 | DatePrepared |
| 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 | 0 | 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 |
| Interest On Savings Rev And Expnss | 2506 | InterestOnSavingsRevAndExpnss |
| Interest On Savings Net Invst Incm | 2506 | InterestOnSavingsNetInvstIncm |
| Dividends Rev And Expnss | 4278 | DividendsRevAndExpnss |
| Dividends Net Invst Incm | 4278 | DividendsNetInvstIncm |
| Net Gain Sale Assets Rev And Expnss | 4730 | NetGainSaleAssetsRevAndExpnss |
| Gross Sales Price | 4730 | GrossSalesPrice |
| Total Revenue And Expenses | 11514 | TotalRevenueAndExpenses |
| Total Net Investment Income | 6784 | TotalNetInvestmentIncome |
| Accounting Fees Rev And Expnss | 735 | AccountingFeesRevAndExpnss |
| Tot Opr Expenses Rev And Expnss | 735 | TotOprExpensesRevAndExpnss |
| Tot Opr Expenses Net Invst Incm | 0 | TotOprExpensesNetInvstIncm |
| Tot Opr Expenses Dsbrs Chrtbl Prps | 0 | TotOprExpensesDsbrsChrtblPrps |
| Contri Gifts Paid Rev And Expnss | 12000 | ContriGiftsPaidRevAndExpnss |
| Contri Gifts Paid Dsbrs Chrtbl Prps | 12000 | ContriGiftsPaidDsbrsChrtblPrps |
| Total Expenses Rev And Expnss | 12735 | TotalExpensesRevAndExpnss |
| Total Expenses Net Invst Incm | 0 | TotalExpensesNetInvstIncm |
| Total Expenses Dsbrs Chrtbl Prps | 12000 | TotalExpensesDsbrsChrtblPrps |
| Excess Of Revenue Over Expenses | -1221 | ExcessOfRevenueOverExpenses |
| Net Investment Income | 6784 | NetInvestmentIncome |
Balance Sheets BalanceSheets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Savings And Temp Cash Invst BOY | 25261 | SavingsAndTempCashInvstBOY |
| Savings And Temp Cash Invst EOY | 375 | SavingsAndTempCashInvstEOY |
| Investments Govt Oblig BOY | 32157 | InvestmentsGovtObligBOY |
| Investments Govt Oblig EOY | 32704 | InvestmentsGovtObligEOY |
| Investments Corp Stock BOY | 217023 | InvestmentsCorpStockBOY |
| Investments Corp Stock EOY | 206185 | InvestmentsCorpStockEOY |
| Investments Corp Bonds BOY | 25149 | InvestmentsCorpBondsBOY |
| Investments Corp Bonds EOY | 59105 | InvestmentsCorpBondsEOY |
| Total Assets BOY | 299590 | TotalAssetsBOY |
| Total Assets EOY | 298369 | TotalAssetsEOY |
| Total Assets EOYFMV | 0 | TotalAssetsEOYFMV |
| Total Liabilities EOY | 0 | TotalLiabilitiesEOY |
| Org That Follow SFAS117 | X | OrgThatFollowSFAS117 |
| Unrestricted BOY | 299590 | UnrestrictedBOY |
| Unrestricted EOY | 298369 | UnrestrictedEOY |
| Total Net Assets BOY | 299590 | TotalNetAssetsBOY |
| Total Net Assets EOY | 298369 | TotalNetAssetsEOY |
| Total Liabilities Net Assets BOY | 299590 | TotalLiabilitiesNetAssetsBOY |
| Total Liabilities Net Assets EOY | 298369 | TotalLiabilitiesNetAssetsEOY |
Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Net Assets Fund Balances BOY | 299590 | TotalNetAssetsFundBalancesBOY |
| Excess Of Revenue Over Expenses | -1221 | ExcessOfRevenueOverExpenses |
| Subtotal | 298369 | Subtotal |
| Total Net Assets Fund Balances EOY | 298369 | TotalNetAssetsFundBalancesEOY |
Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable For4942 Tax | false | LiableFor4942Tax |
| Qualifying Distributions Year1 | 9000 | QualifyingDistributionsYear1 |
| Noncharitable Assets Year1 | 246250 | NoncharitableAssetsYear1 |
| Distribution Ratio Year1 | 0.036548 | DistributionRatioYear1 |
| Qualifying Distributions Year2 | 27055 | QualifyingDistributionsYear2 |
| Noncharitable Assets Year2 | 279741 | NoncharitableAssetsYear2 |
| Distribution Ratio Year2 | 0.096714 | DistributionRatioYear2 |
| Qualifying Distributions Year3 | 4000 | QualifyingDistributionsYear3 |
| Noncharitable Assets Year3 | 293971 | NoncharitableAssetsYear3 |
| Distribution Ratio Year3 | 0.013607 | DistributionRatioYear3 |
| Noncharitable Assets Year4 | 323967 | NoncharitableAssetsYear4 |
| Total Distribution Ratio | 0.146869 | TotalDistributionRatio |
| Average Distribution Ratio | 0.048956 | AverageDistributionRatio |
| Net Noncharitable Assets | 285152 | NetNoncharitableAssets |
| Adjusted Noncharitable Assets | 13960 | AdjustedNoncharitableAssets |
| One Percent Net Investment Income | 68 | OnePercentNetInvestmentIncome |
| Adj Nonchrtbl Assets And One | 14028 | AdjNonchrtblAssetsAndOnePct |
| Qualifying Distributions | 12000 | QualifyingDistributions |
Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | 136 | InvestmentIncomeExciseTax |
| Subtotal | 136 | Subtotal |
| Tax Based On Investment Income | 136 | TaxBasedOnInvestmentIncome |
| Tax Due | 136 | TaxDue |
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 |
| Termination Etc | false | TerminationEtc |
| Requirements Of Sect508e | true | RequirementsOfSect508e |
| Private Operating Foundation | true | 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 | VIRGINIA STOVER | BooksInCareOfPersonName |
| Books In Care Of Phone Number | 5153602946 | BooksInCareOfPhoneNumber |
Books In Care Of US Address BooksInCareOfUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 802 WEST DETROIT AVENUE | AddressLine1 |
| City | INDIANOLA | City |
| State | IA | State |
| ZIP Code | 50125 | 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 |
| Undistributed Income Prior Years | false | UndistributedIncomePriorYears |
| 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 (3 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 |
|---|---|---|---|---|---|---|---|---|
| VIRGINA STOVER | ||||||||
| 802 W DETROIT | INDIANOLA | IA | 50125 | PRESIDENT | 0.50 | 0 | 0 | 0 |
| MARY BAHRS | ||||||||
| 10004 THORNWOOD | KENSINGTON | MD | 20895 | TRUSTEE | 0.25 | 0 | 0 | 0 |
| JANE GRANDUSKY | ||||||||
| 7340 PIONEER ROAD | WEST PALM BEACH | FL | 33401 | TRUSTEE | 0.25 | 0 | 0 | 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 | THE ORGANIZATION GAVE FUNDS TO UNION CONGREGATIONAL CHURCH WEST PALM BEACH FL WITH NO RESTRICTIONS AS HOW THE FUNDS MAY BE USED. | Description1 |
| Expenses1 | 8000 | Expenses1 |
| Description2 | THE ORGANIZATION GAVE FUNDS TO SCHOOLS FOR EDUCATIONAL PURPOSES. (SCHOOL OF FINE ARTS FOUNDATION, WPB, FL. AND THE SIMPSON FUND, SIMPSON COLLEGE, INDIANOLA, IA.) | Description2 |
| Expenses2 | 2500 | Expenses2 |
| Description3 | LOCAL IA CHARITY - IOWA BARN FOUNDATIOUN, ZEARING IA. | Description3 |
| Expenses3 | 500 | Expenses3 |
| Description4 | MARIA LAMB FUND, NANTUCKET MA. | Description4 |
| Expenses4 | 1000 | Expenses4 |
Sum Of Program Related Investments SumOfProgramRelatedInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1 |
Minimum Investment Return MinimumInvestmentReturn
| Field | Value | IRS element (for citing) |
|---|---|---|
| Avg Monthly FMV Of Securities | 288994 | AvgMonthlyFMVOfSecurities |
| Avg Monthly Cash Balances | 500 | AvgMonthlyCashBalances |
| FMV All Other Noncharitable Assets | 0 | FMVAllOtherNoncharitableAssets |
| Total FMV Of Unused Assets | 289494 | TotalFMVOfUnusedAssets |
| Adj Total FMV Of Unused Assets | 289494 | AdjTotalFMVOfUnusedAssets |
| Cash Deemed Charitable | 4342 | CashDeemedCharitable |
| Net Noncharitable Assets | 285152 | NetNoncharitableAssets |
| Minimum Investment Return | 14258 | MinimumInvestmentReturn |
Distributable DistributableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sect4942j3j5 Fndtn And Frgn Org | X | Sect4942j3j5FndtnAndFrgnOrg |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | 12000 | ExpensesAndContributions |
| Qualifying Distributions | 12000 | QualifyingDistributions |
| Adj Qualifying Distributions | 12000 | AdjQualifyingDistributions |
Undistributed Income UndistributedIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Qualifying Distributions | 12000 | QualifyingDistributions |
| Remaining Distri From Corpus | 12000 | RemainingDistriFromCorpus |
| Total Corpus | 12000 | TotalCorpus |
Private Operating Foundations PrivateOperatingFoundations
| Field | Value | IRS element (for citing) |
|---|---|---|
| Section4942j3 | X | Section4942j3 |
Lessor Adj Net Incm Min Invst Return LessorAdjNetIncmMinInvstReturn
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | 0 | CurrentYear |
| Year3 | 6105 | Year3 |
| Total | 6105 | Total |
Percent85 Of Lessor Percent85OfLessor
| Field | Value | IRS element (for citing) |
|---|---|---|
| Year3 | 5189 | Year3 |
| Total | 5189 | Total |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | 12000 | CurrentYear |
| Year1 | 9000 | Year1 |
| Year2 | 27111 | Year2 |
| Year3 | 4000 | Year3 |
| Total | 52111 | Total |
Qlfy Distri Made Directly QlfyDistriMadeDirectly
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | 12000 | CurrentYear |
| Year1 | 9000 | Year1 |
| Year2 | 27111 | Year2 |
| Year3 | 4000 | Year3 |
| Total | 52111 | Total |
Two Thirds Min Invst Return TwoThirdsMinInvstReturn
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | 9505 | CurrentYear |
| Year1 | 8209 | Year1 |
| Year2 | 9325 | Year2 |
| Year3 | 9799 | Year3 |
| Total | 36838 | Total |
Supplementary Information SupplementaryInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contributes To Preselected | X | OnlyContributesToPreselected |
Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (5 entries)
| Address Line1RecipientUSAddress/AddressLine1 | CityRecipientUSAddress/City | StateRecipientUSAddress/State | ZIP CodeRecipientUSAddress/ZIPCode | Recipient Foundation StatusRecipientFoundationStatus | Purpose Of Grant Or ContributionPurposeOfGrantOrContribution | AmountAmount | Address Line2RecipientUSAddress/AddressLine2 |
|---|---|---|---|---|---|---|---|
| UNION CONGREGATIONAL CHURCH | |||||||
| 5088 SUMMIT BOULEVARD | WEST PALM BEACH | FL | 33415 | NONPROFIT | RELIGIOUS | $8,000 | |
| THE SIMPSON FUND | |||||||
| 701 N C STREET | INDIANOLA | IA | 50125 | NONPROFIT | EDUCATION | $1,000 | 701 NC ST |
| SCHOOL OF ARTS FOUNDATION | |||||||
| PO BOX 552 | WEST PALM BEACH | FL | 33402 | EDUCATION | $1,500 | ||
| IOWA BARN FOUNDATION | |||||||
| P O BOX 436 | ZEARING | IA | 50201 | NONPROFIT | COMMUNITY | $500 | P O BOX 436 |
| PALLIATIVE SUPPORTIVE CARE OF NAN | |||||||
| 57 PROSPECT STREET | NANTUCKET | MA | 02554 | NONPROFIT | HEALTHCARE | $1,000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Grant Or Contri Paid During Year | 12000 | TotGrantOrContriPaidDuringYear |
Analysis Income Producing Acty AnalysisIncomeProducingActy
Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $2,506 | ExclusionAmount |
Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $4,278 | ExclusionAmount |
Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Income | 4730 | RelatedOrExemptFunctionIncome |
Subtotals Part XVIA SubtotalsPartXVIA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $6,784 | ExclusionAmount |
| Related Or Exempt Function Income | 4730 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Part XVIA | 11514 | 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 | INDIRECT ACCOUNTING FEES | Category |
| Amount | $735 | Amount |
Compensation Explanation CompensationExplanation
Compensation Compensation (3 entries)
| VIRGINA STOVER |
| MARY BAHRS |
| JANE GRANDUSKY |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAsset
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | VARIOUS- LESS COMMISSIONS | Name |
| How Acquired | PURCHASE | HowAcquired |
| Date Sold | 2012-12 | DateSold |
| Gross Sales Price | 4730 | GrossSalesPrice |
| Total Net | 4730 | TotalNet |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corp Bonds InvestmentsCorpBonds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Bond | BONDS | NameOfBond |
| EOY Book Value | 59105 | EOYBookValue |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corp Stock InvestmentsCorpStock (3 entries)
| Name Of StockNameOfStock | EOY Book ValueEOYBookValue |
|---|---|
| MUTUAL FUNDS | 17801 |
| TOTALS | 188384 |
| 25 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Securities EOY Book Value | 32704 | USGovtSecuritiesEOYBookValue |
Comments