DUNCAN FAMILY TRUST: Form 990PF, tax year 2012

View the entire original 990 at ProPublica ↗

Organization
DUNCAN FAMILY TRUST (EIN 20-0905873)
Tax period
2012-01-01 to 2012-12-31
Filed
2013-05-14
IRS object ID
201341349349100394
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)
Timestamp2013-05-14T09:15:39-05:00Timestamp
Tax Period End Date2012-12-31TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1BKD LLPBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line11248 O STREET STE 1040AddressLine1
CityLINCOLNCity
StateNEState
ZIP Code685081461ZIPCode
FieldValueIRS element (for citing)
Return Type990PFReturnType
Tax Period Begin Date2012-01-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN200905873EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1DUNCAN FAMILY TRUSTBusinessNameLine1
FieldValueIRS element (for citing)
In Care Of Name% CINDY MORRISInCareOfName
Name ControlDUNCNameControl
Phone4024752611Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 81887AddressLine1
Address Line2SuiteAddressLine2
CityLINCOLNCity
StateNEState
ZIP Code68501ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameCINDY MORRISName
TitleOFFICERTitle
Phone4024752611Phone
Date Signed2013-05-08DateSigned
Authorize Third PartytrueAuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameKRISTIN TYNONName
Phone4024737600Phone
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 EOY3428FMVAssetsEOY
Method Of Accounting CashXMethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Received Rev And Expnss50000ContriReceivedRevAndExpnss
Income Modifications Adj Net Incm250IncomeModificationsAdjNetIncm
Total Revenue And Expenses50000TotalRevenueAndExpenses
Total Net Investment Income0TotalNetInvestmentIncome
Total Adjusted Net Income250TotalAdjustedNetIncome
Accounting Fees Rev And Expnss975AccountingFeesRevAndExpnss
Accounting Fees Net Invst Incm0AccountingFeesNetInvstIncm
Accounting Fees Adj Net Incm0AccountingFeesAdjNetIncm
Accounting Fees Dsbrs Chrtbl Prps975AccountingFeesDsbrsChrtblPrps
Other Expenses Rev And Expnss321OtherExpensesRevAndExpnss
Other Expenses Dsbrs Chrtbl Prps321OtherExpensesDsbrsChrtblPrps
Tot Opr Expenses Rev And Expnss1296TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm0TotOprExpensesNetInvstIncm
Tot Opr Expenses Adj Net Incm0TotOprExpensesAdjNetIncm
Tot Opr Expenses Dsbrs Chrtbl Prps1296TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss49000ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps49000ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss50296TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm0TotalExpensesNetInvstIncm
Total Expenses Adj Net Incm0TotalExpensesAdjNetIncm
Total Expenses Dsbrs Chrtbl Prps50296TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses-296ExcessOfRevenueOverExpenses
Net Investment Income0NetInvestmentIncome
Adjusted Net Income250AdjustedNetIncome

Balance Sheets BalanceSheets

FieldValueIRS element (for citing)
Cash BOY3474CashBOY
Cash EOY3428CashEOY
Cash EOYFMV3428CashEOYFMV
Total Assets BOY3474TotalAssetsBOY
Total Assets EOY3428TotalAssetsEOY
Total Assets EOYFMV3428TotalAssetsEOYFMV
Total Liabilities EOY0TotalLiabilitiesEOY
Org That Do Not Follow SFAS117XOrgThatDoNotFollowSFAS117
Retained Earnings BOY3474RetainedEarningsBOY
Retained Earnings EOY3428RetainedEarningsEOY
Total Net Assets BOY3474TotalNetAssetsBOY
Total Net Assets EOY3428TotalNetAssetsEOY
Total Liabilities Net Assets BOY3474TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY3428TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

FieldValueIRS element (for citing)
Total Net Assets Fund Balances BOY3474TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses-296ExcessOfRevenueOverExpenses
Other Increases250OtherIncreases
Subtotal3428Subtotal
Total Net Assets Fund Balances EOY3428TotalNetAssetsFundBalancesEOY
FieldValueIRS element (for citing)
Capital Gains And LossesCapitalGainsAndLosses

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

FieldValueIRS element (for citing)
Liable For4942 TaxfalseLiableFor4942Tax
Qualifying Distributions Year144080QualifyingDistributionsYear1
Noncharitable Assets Year110051NoncharitableAssetsYear1
Distribution Ratio Year14.385633DistributionRatioYear1
Qualifying Distributions Year235775QualifyingDistributionsYear2
Noncharitable Assets Year28323NoncharitableAssetsYear2
Distribution Ratio Year24.29833DistributionRatioYear2
Qualifying Distributions Year350295QualifyingDistributionsYear3
Noncharitable Assets Year310754NoncharitableAssetsYear3
Distribution Ratio Year34.676864DistributionRatioYear3
Qualifying Distributions Year4168278QualifyingDistributionsYear4
Noncharitable Assets Year414275NoncharitableAssetsYear4
Distribution Ratio Year411.788301DistributionRatioYear4
Qualifying Distributions Year585083QualifyingDistributionsYear5
Noncharitable Assets Year512151NoncharitableAssetsYear5
Distribution Ratio Year57.00214DistributionRatioYear5
Total Distribution Ratio32.151268TotalDistributionRatio
Average Distribution Ratio6.430254AverageDistributionRatio
Net Noncharitable Assets8233NetNoncharitableAssets
Adjusted Noncharitable Assets52940AdjustedNoncharitableAssets
One Percent Net Investment Income0OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One52940AdjNonchrtblAssetsAndOnePct
Qualifying Distributions50296QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

FieldValueIRS element (for citing)
Investment Income Excise Tax0InvestmentIncomeExciseTax
Subtotal0Subtotal
Tax Based On Investment Income0TaxBasedOnInvestmentIncome
Total Credits And Payments0TotalCreditsAndPayments
Tax Due0TaxDue

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 WithNEStatesFiledWith
Form990 PF Filed With AGtrueForm990PFFiledWithAG
Private Operating FoundationfalsePrivateOperatingFoundation
New Substantial ContributorsfalseNewSubstantialContributors
Interest In Controlled EntityfalseInterestInControlledEntity
Applicable Insurance ContractfalseApplicableInsuranceContract
Comply With Public Inspection RqrtrueComplyWithPublicInspectionRqr

Books In Care Of Business Name BooksInCareOfBusinessName

FieldValueIRS element (for citing)
Business Name Line1CINDY MORRISBusinessNameLine1
FieldValueIRS element (for citing)
Books In Care Of Phone Number4024752611BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 81887AddressLine1
CityLINCOLNCity
StateNEState
ZIP Code68501ZIPCode
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
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 (5 entries)

Address Line1USAddress/AddressLine1CityUSAddress/CityStateUSAddress/StateZIP CodeUSAddress/ZIPCodeTitleTitleAvg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPositionCompensationCompensation
J ROBERT DUNCAN
PO BOX 81887LINCOLNNE68501VICE PRESIDENT00
D TODD DUNCAN
PO BOX 81887LINCOLNNE68501MEMBER AT LARGE00
CINDY MORRIS
PO BOX 81887LINCOLNNE68501TREASURER00
KAREN K DUNCAN
PO BOX 81887LINCOLNNE68501SECRETARY00
CONNIE DUNCAN
PO BOX 81887LINCOLNNE68501PRESIDENT00
FieldValueIRS element (for citing)
Tot Number Of Oth Empl Paid Over50k0TotNumberOfOthEmplPaidOver50k
Tot Number Of Cntrct Paid Over50k0TotNumberOfCntrctPaidOver50k
FieldValueIRS element (for citing)
Summary Of Direct Charitable ActySummaryOfDirectCharitableActy
Sum Of Program Related InvestmentsSumOfProgramRelatedInvestments

Minimum Investment Return MinimumInvestmentReturn

FieldValueIRS element (for citing)
Avg Monthly FMV Of Securities0AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances8358AvgMonthlyCashBalances
FMV All Other Noncharitable Assets0FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets8358TotalFMVOfUnusedAssets
Acquisition Indebtedness0AcquisitionIndebtedness
Adj Total FMV Of Unused Assets8358AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable125CashDeemedCharitable
Net Noncharitable Assets8233NetNoncharitableAssets
Minimum Investment Return412MinimumInvestmentReturn

Distributable DistributableAmount

FieldValueIRS element (for citing)
Minimum Investment Return412MinimumInvestmentReturn
Tax Based On Investment Income0TaxBasedOnInvestmentIncome
Total Tax0TotalTax
Distributable Amount Before Adj412DistributableAmountBeforeAdj
Recoveries Qlfy Distributions250RecoveriesQlfyDistributions
Distributable Amount Before Ded662DistributableAmountBeforeDed
Distributable Amount As Adjusted662DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

FieldValueIRS element (for citing)
Expenses And Contributions50296ExpensesAndContributions
Program Related Investments Total0ProgramRelatedInvestmentsTotal
Amounts Paid Acq Charitable Assets0AmountsPaidAcqCharitableAssets
Amounts Set Aside Suitability Test0AmountsSetAsideSuitabilityTest
Amounts Set Aside Cash Distri Test0AmountsSetAsideCashDistriTest
Qualifying Distributions50296QualifyingDistributions
Adj Qualifying Distributions50296AdjQualifyingDistributions

Undistributed Income UndistributedIncome

FieldValueIRS element (for citing)
Distributable Amount As Adjusted662DistributableAmountAsAdjusted
Undistributed Income Prior Year0UndistributedIncomePriorYear
Prior Year12010PriorYear1
Prior Year22009PriorYear2
Prior Year32008PriorYear3
Total For Prior Years0TotalForPriorYears
Excess Distri Carryover Year584475ExcessDistriCarryoverYear5
Excess Distri Carryover Year4167564ExcessDistriCarryoverYear4
Excess Distri Carryover Year349757ExcessDistriCarryoverYear3
Excess Distri Carryover Year235359ExcessDistriCarryoverYear2
Excess Distri Carryover Year142427ExcessDistriCarryoverYear1
Total Excess Distri Carryover379582TotalExcessDistriCarryover
Qualifying Distributions50296QualifyingDistributions
Applied To Year10AppliedToYear1
Applied To Current Year662AppliedToCurrentYear
Remaining Distri From Corpus49634RemainingDistriFromCorpus
Total Corpus429216TotalCorpus
Prior Year Undistributed Income0PriorYearUndistributedIncome
Taxable Amount10TaxableAmount1
Taxable Amount20TaxableAmount2
Undistributed Income CY0UndistributedIncomeCY
Excess Distri Cyov From Year584475ExcessDistriCyovFromYear5
Excess Distri Cyov To Next Year344741ExcessDistriCyovToNextYear
Excess From Year4167564ExcessFromYear4
Excess From Year349757ExcessFromYear3
Excess From Year235359ExcessFromYear2
Excess From Year142427ExcessFromYear1
Excess From Current Year49634ExcessFromCurrentYear
FieldValueIRS element (for citing)
Private Operating FoundationsPrivateOperatingFoundations

Supplementary Information SupplementaryInformation

FieldValueIRS element (for citing)
Only Contributes To PreselectedXOnlyContributesToPreselected

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (11 entries)

Address Line1RecipientUSAddress/AddressLine1CityRecipientUSAddress/CityStateRecipientUSAddress/StateZIP CodeRecipientUSAddress/ZIPCodeRecipient Foundation StatusRecipientFoundationStatusPurpose Of Grant Or ContributionPurposeOfGrantOrContributionAmountAmount
Boys and Girls Club
PO Box 22344LincolnNE68542Public CharityGENERAL$5,000
Child Advocacy Center
3200 Sumner StLincolnNE68502Public CharityGENERAL$5,000
Lincoln Children's Musuem
1420 P StLincolnNE68508Public CharityGENERAL$5,000
Bemis Center for Contemporary Arts
724 South 12th StOmahaNE68102Public CharityGENERAL$10,000
Foundation for Lincoln City Libraries
136 S 14th StLincolnNE68508Public CharityGENERAL$3,000
Lincoln Community Playhouse
2500 S 56th StLincolnNE68506Public CharityGENERAL$3,000
Foundation for Lincoln Public Schools
PO Box 82889LincolnNE68501Public CharityGENERAL$5,000
Clyde Malone Community Center
2032 U StLincolnNE68503Public CharityGENERAL$5,000
Nebraska Jazz Orchestra
315 South 9th Street 110LincolnNE685082283Public CharityGENERAL$3,000
Lux Center For The Arts
2601 North 48th StreetLincolnNE68504Public CharityGENERAL$3,500
Junior Achievement
285 So 68th Place Suite 508LincolnNE68510Public CharityGENERAL$1,500
FieldValueIRS element (for citing)
Tot Grant Or Contri Paid During Year49000TotGrantOrContriPaidDuringYear

Analysis Income Producing Acty AnalysisIncomeProducingActy

FieldValueIRS element (for citing)
Fees Contracts From Govt AgenciesFeesContractsFromGovtAgencies
Membership Dues And AssessmentsMembershipDuesAndAssessments
Int On Savings And Temp Cash InvstIntOnSavingsAndTempCashInvst
Dividends And Int From Sec Part VIIDividendsAndIntFromSecPartVII
Net Rental Incm Re Debt Fincd PropNetRentalIncmReDebtFincdProp
Net Rntl Incm Re Not Debt Fincd PropNetRntlIncmReNotDebtFincdProp
Net Rental Incm Personal PropertyNetRentalIncmPersonalProperty
Other Investment Income Part VIIOtherInvestmentIncomePartVII
Gain Sales Assets Oth Than InvntryGainSalesAssetsOthThanInvntry
Net Income Loss From Special EventsNetIncomeLossFromSpecialEvents
Gross Profit Loss Sales Of InvntryGrossProfitLossSalesOfInvntry
Subtotals Part XVIASubtotalsPartXVIA

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

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFXOrganization501c3ExemptPF
General RuleXGeneralRule

Contributor Info ContributorInfo

FieldValueIRS element (for citing)
Contributor Number1ContributorNumber
Contributor Name IndividualDUNCAN AVIATIONContributorNameIndividual

Contributor Address US ContributorAddressUS

FieldValueIRS element (for citing)
Address Line1PO BOX 81887AddressLine1
CityLINCOLNCity
StateNEState
ZIP Code68501ZIPCode
FieldValueIRS element (for citing)
Aggregate Contributions50000AggregateContributions
Person Contribution TypeXPersonContributionType

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees AccountingFees

FieldValueIRS element (for citing)
CategoryACCOUNTING FEESCategory
Amount$975Amount
Disbursements Charitable Prps975DisbursementsCharitablePrps

Depreciation Schedule DepreciationSchedule

Land Etc Schedule2 LandEtcSchedule2

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses

FieldValueIRS element (for citing)
DescriptionWEBSITE DESIGNDescription
Revenue And Expenses Per Books321RevenueAndExpensesPerBooks
Disbursements Charitable Prps321DisbursementsCharitablePrps

Other Increases Schedule OtherIncreasesSchedule

Other Increases OtherIncreases

FieldValueIRS element (for citing)
DescriptionGRANT RECOVERIESDescription
Amount$250Amount

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