RFS FOUNDATION: Form 990PF, tax year 2012

View the entire original 990 at ProPublica ↗

Organization
RFS FOUNDATION (EIN 74-1949935)
Tax period
2012-09-01 to 2013-08-31
Filed
2013-10-29
IRS object ID
201343029349100309
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 ReturnHeader

FieldValueIRS element (for citing)
Timestamp2013-10-29T12:28:25-07:00Timestamp
Tax Period End Date2013-08-31TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1Thompson Derrig & Craig PCBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line14500 Carter Creek Suite 201AddressLine1
CityBryanCity
StateTXState
ZIP Code778024456ZIPCode
FieldValueIRS element (for citing)
Return Type990PFReturnType
Tax Period Begin Date2012-09-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN741949935EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1RFS FoundationBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlRFSFNameControl
Phone9797763278Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line1Wells Fargo Trust 3000 BriarcrestAddressLine1
CityBryanCity
StateTXState
ZIP Code77802ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameRobert Schoolfieldco WellsName
TitleTrusteeTitle
Date Signed2013-10-29DateSigned
Authorize Third PartytrueAuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameDurwood Thompson JrCPA CFPName
PTINP00297281PTIN
Phone9792609696Phone
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 EOY54975FMVAssetsEOY
Method Of Accounting CashXMethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Received Rev And Expnss55000ContriReceivedRevAndExpnss
Interest On Savings Rev And Expnss29InterestOnSavingsRevAndExpnss
Interest On Savings Net Invst Incm29InterestOnSavingsNetInvstIncm
Interest On Savings Adj Net Incm29InterestOnSavingsAdjNetIncm
Total Revenue And Expenses55029TotalRevenueAndExpenses
Total Net Investment Income29TotalNetInvestmentIncome
Total Adjusted Net Income29TotalAdjustedNetIncome
Accounting Fees Rev And Expnss490AccountingFeesRevAndExpnss
Accounting Fees Net Invst Incm490AccountingFeesNetInvstIncm
Other Prof Fees Rev And Expnss59OtherProfFeesRevAndExpnss
Other Prof Fees Net Invst Incm59OtherProfFeesNetInvstIncm
Tot Opr Expenses Rev And Expnss549TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm549TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps0TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss52640ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps52640ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss53189TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm549TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps52640TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses1840ExcessOfRevenueOverExpenses
Net Investment Income0NetInvestmentIncome
Adjusted Net Income29AdjustedNetIncome

Balance Sheets BalanceSheets

FieldValueIRS element (for citing)
Savings And Temp Cash Invst BOY53135SavingsAndTempCashInvstBOY
Savings And Temp Cash Invst EOY54975SavingsAndTempCashInvstEOY
Savings And Temp Cash Invst EOYFMV54975SavingsAndTempCashInvstEOYFMV
Total Assets BOY53135TotalAssetsBOY
Total Assets EOY54975TotalAssetsEOY
Total Assets EOYFMV54975TotalAssetsEOYFMV
Total Liabilities EOY0TotalLiabilitiesEOY
Org That Follow SFAS117XOrgThatFollowSFAS117
Unrestricted BOY53135UnrestrictedBOY
Unrestricted EOY54975UnrestrictedEOY
Total Net Assets BOY53135TotalNetAssetsBOY
Total Net Assets EOY54975TotalNetAssetsEOY
Total Liabilities Net Assets BOY53135TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY54975TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

FieldValueIRS element (for citing)
Total Net Assets Fund Balances BOY53135TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses1840ExcessOfRevenueOverExpenses
Subtotal54975Subtotal
Total Net Assets Fund Balances EOY54975TotalNetAssetsFundBalancesEOY

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

FieldValueIRS element (for citing)
Liable For4942 TaxfalseLiableFor4942Tax
Qualifying Distributions Year141440QualifyingDistributionsYear1
Noncharitable Assets Year130009NoncharitableAssetsYear1
Distribution Ratio Year11.38092DistributionRatioYear1
Qualifying Distributions Year241440QualifyingDistributionsYear2
Noncharitable Assets Year230857NoncharitableAssetsYear2
Distribution Ratio Year21.34297DistributionRatioYear2
Qualifying Distributions Year341440QualifyingDistributionsYear3
Noncharitable Assets Year319055NoncharitableAssetsYear3
Distribution Ratio Year32.17476DistributionRatioYear3
Qualifying Distributions Year441440QualifyingDistributionsYear4
Noncharitable Assets Year414026NoncharitableAssetsYear4
Distribution Ratio Year42.95451DistributionRatioYear4
Qualifying Distributions Year541440QualifyingDistributionsYear5
Noncharitable Assets Year533798NoncharitableAssetsYear5
Distribution Ratio Year51.22611DistributionRatioYear5
Total Distribution Ratio9.07927TotalDistributionRatio
Average Distribution Ratio1.81585AverageDistributionRatio
Net Noncharitable Assets37336NetNoncharitableAssets
Adjusted Noncharitable Assets67797AdjustedNoncharitableAssets
Adj Nonchrtbl Assets And One67797AdjNonchrtblAssetsAndOnePct
Qualifying Distributions52640QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

FieldValueIRS element (for citing)
Investment Income Excise Tax0InvestmentIncomeExciseTax

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
Form990 T FiledfalseForm990TFiled
Termination EtcfalseTerminationEtc
Requirements Of Sect508etrueRequirementsOfSect508e
At Least5000 In AssetstrueAtLeast5000InAssets
States Filed WithTXStatesFiledWith
Form990 PF Filed With AGtrueForm990PFFiledWithAG
Private Operating FoundationfalsePrivateOperatingFoundation
New Substantial ContributorsfalseNewSubstantialContributors
Interest In Controlled EntityfalseInterestInControlledEntity
Applicable Insurance ContractfalseApplicableInsuranceContract
Comply With Public Inspection RqrtrueComplyWithPublicInspectionRqr
Website AddressN/AWebsiteAddress

Books In Care Of Business Name BooksInCareOfBusinessName

FieldValueIRS element (for citing)
Business Name Line1Robert M SchoolfieldBusinessNameLine1
FieldValueIRS element (for citing)
Books In Care Of Phone Number9797763278BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

FieldValueIRS element (for citing)
Address Line13000 BriarcrestAddressLine1
CityBryanCity
StateTXState
ZIP Code778050913ZIPCode
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
Acts Fail To Qualify As ExceptionsfalseActsFailToQualifyAsExceptions
Uncorrected Prior ActsfalseUncorrectedPriorActs
Undistributed Income Prior YearsfalseUndistributedIncomePriorYears
Undistr Income4942a2 Not AppliedfalseUndistrIncome4942a2NotApplied
Business HoldingsfalseBusinessHoldings
Excess Business HoldingsfalseExcessBusinessHoldings
Jeopardy InvestmentsfalseJeopardyInvestments
Uncorrected Jeopardy InvestmentsfalseUncorrectedJeopardyInvestments
Influence LegislationfalseInfluenceLegislation
Influence ElectionfalseInfluenceElection
Grants To IndividualsfalseGrantsToIndividuals
Grants To OrganizationsfalseGrantsToOrganizations
Noncharitable PurposefalseNoncharitablePurpose
Tr Fail To Qualify As ExceptionsfalseTrFailToQualifyAsExceptions
Maint Expend ResponsibilityfalseMaintExpendResponsibility
Rcv Funds To Pay Prsnl Bnft ContractfalseRcvFundsToPayPrsnlBnftContract
Pay Premiums Prsnl Bnft ContractfalsePayPremiumsPrsnlBnftContract
Prohibited Tax Shelter TransactnfalseProhibitedTaxShelterTransactn
Proceeds Or Net IncomefalseProceedsOrNetIncome

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 PositionAvgHoursPerWkDevotedToPositionCompensationCompensation
Marcia S Schoolfield Spellman
c/o Wells F Bk/3000 BriarcrestBryanTX778050913Trustee0.000
Amy Schoolfieldco Wells
Fargo Bank/3000 BriarcrestBryanTX778050913Trustee0.000
Robert Schoolfieldco Wells
Fargo Bank/3000 BriarcrestBryanTX778050913Trustee0.000
FieldValueIRS element (for citing)
Comp Of Highest Paid Empl NONENONECompOfHighestPaidEmplNONE
Comp Of Hghst Paid Cntrct NONENONECompOfHghstPaidCntrctNONE

Summary Of Direct Charitable Acty SummaryOfDirectCharitableActy

FieldValueIRS element (for citing)
Description1RFS FOUNDATION MADE CONTRIBUTIONS TO 11 NON PROFIT ORGANIZATIONS - SEE STATEMENT #3Description1
Expenses152640Expenses1

Minimum Investment Return MinimumInvestmentReturn

FieldValueIRS element (for citing)
Avg Monthly FMV Of Securities0AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances37905AvgMonthlyCashBalances
FMV All Other Noncharitable Assets0FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets37905TotalFMVOfUnusedAssets
Reduction Claimed0ReductionClaimed
Adj Total FMV Of Unused Assets37905AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable569CashDeemedCharitable
Net Noncharitable Assets37336NetNoncharitableAssets
Minimum Investment Return1867MinimumInvestmentReturn

Distributable DistributableAmount

FieldValueIRS element (for citing)
Minimum Investment Return1867MinimumInvestmentReturn
Distributable Amount Before Adj1867DistributableAmountBeforeAdj
Distributable Amount Before Ded1867DistributableAmountBeforeDed
Distributable Amount As Adjusted1867DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

FieldValueIRS element (for citing)
Expenses And Contributions52640ExpensesAndContributions
Qualifying Distributions52640QualifyingDistributions
Adj Qualifying Distributions52640AdjQualifyingDistributions

Undistributed Income UndistributedIncome

FieldValueIRS element (for citing)
Distributable Amount As Adjusted1867DistributableAmountAsAdjusted
Excess Distri Carryover Year539763ExcessDistriCarryoverYear5
Excess Distri Carryover Year440739ExcessDistriCarryoverYear4
Excess Distri Carryover Year340487ExcessDistriCarryoverYear3
Excess Distri Carryover Year239897ExcessDistriCarryoverYear2
Excess Distri Carryover Year139940ExcessDistriCarryoverYear1
Total Excess Distri Carryover200826TotalExcessDistriCarryover
Qualifying Distributions52640QualifyingDistributions
Treated As Distri From Corpus0TreatedAsDistriFromCorpus
Applied To Current Year1867AppliedToCurrentYear
Remaining Distri From Corpus50773RemainingDistriFromCorpus
Total Corpus251599TotalCorpus
Undistributed Income CY0UndistributedIncomeCY
Excess Distri Cyov From Year539763ExcessDistriCyovFromYear5
Excess Distri Cyov To Next Year211836ExcessDistriCyovToNextYear
Excess From Year440739ExcessFromYear4
Excess From Year340487ExcessFromYear3
Excess From Year239897ExcessFromYear2
Excess From Year139940ExcessFromYear1
Excess From Current Year50773ExcessFromCurrentYear

Supplementary Information SupplementaryInformation

FieldValueIRS element (for citing)
Contributing ManagerRobert Schoolfieldco WellsContributingManager
Only Contributes To PreselectedXOnlyContributesToPreselected

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (11 entries)

Address Line1RecipientUSAddress/AddressLine1CityRecipientUSAddress/CityStateRecipientUSAddress/StateZIP CodeRecipientUSAddress/ZIPCodeRecipient RelationshipRecipientRelationshipRecipient Foundation StatusRecipientFoundationStatusPurpose Of Grant Or ContributionPurposeOfGrantOrContributionAmountAmount
WORLD HARVEST MISSION
101 WEST AVE STE 305JENKINTOWNPA19046None501(c)3MISSIONARY OUTREACH$11,200
INTERLINK MINISTRIES INC
PO BOX 460APPLE CREEKOH44606None501(c)3GENERAL OPERATING NEEDS$3,600
MINSTRY CHALLENGE
PO BOX 6189AUSTINTX78762NONE501(c)3GENERAL OPERATING NEEDS$2,000
GREATER CALVARY RITES
6510 BURKMAN DRAUSTINTX78723NONE501(c)3GENERAL OPERATING NEEDS$2,000
INSTITUTE FOR JUSTICE
1717 PENNSYLVANIAWASHINGTONDC20006NONE501(c)3GENERAL OPERATING NEEDS$400
TEXAS JUSTICE FOUNDATION
8122 DATAPOINT STE 906SAN ANTONIOTX78229NONE501(c)3GENERAL OPERATING NEEDS$12,000
INTERACT INTERNATIONAL
101 HWY 281 STE 301MARBLE FALLSTX78654NONE501(c)3MISSIONARY OUTREACH$4,000
THE NAVIGATORS
PO BOX 6000COLORADO SPRINGSCO80934NONE501(c)3MISSIONARY OUTREACH$12,000
CAMPUS CRUSADE FOR CHRIST
100 Lake Hart DriveOrlandoFL32832NONE501(c)3MISSIONARY OUTREACH$2,400
WYCLIFFE BIBLE TRANSLATOR
POBOX 2727HUNINGTON BEACHCA92647NONE501(c)3MISSIONARY OUTREACH$2,800
WORLD VISION
POBOX 70200TACOMAWA98481NONE501(c)3MISSIONARY OUTREACH$240
FieldValueIRS element (for citing)
Tot Grant Or Contri Paid During Year52640TotGrantOrContriPaidDuringYear

Analysis Income Producing Acty AnalysisIncomeProducingActy

Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst

FieldValueIRS element (for citing)
Exclusion Code14ExclusionCode
Exclusion$29ExclusionAmount

Subtotals Part XVIA SubtotalsPartXVIA

FieldValueIRS element (for citing)
Exclusion$29ExclusionAmount
FieldValueIRS element (for citing)
Total Part XVIA29TotalPartXVIA

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 IndividualROBERT M SCHOOLFIELDContributorNameIndividual

Contributor Address US ContributorAddressUS

FieldValueIRS element (for citing)
Address Line1WELLS FARGO BK3000 BRIARCRESTAddressLine1
CityBRYANCity
StateTXState
ZIP Code77805ZIPCode
FieldValueIRS element (for citing)
Aggregate Contributions55000AggregateContributions
Person Contribution TypeXPersonContributionType

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees AccountingFees

FieldValueIRS element (for citing)
CategoryAccounting feesCategory
Amount$490Amount
Net Investment Income490NetInvestmentIncome
Adjusted Net Income0AdjustedNetIncome
Disbursements Charitable Prps0DisbursementsCharitablePrps

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees OtherProfessionalFees

FieldValueIRS element (for citing)
CategoryTrust dept feesCategory
Amount$59Amount
Net Investment Income59NetInvestmentIncome
Adjusted Net Income0AdjustedNetIncome
Disbursements Charitable Prps0DisbursementsCharitablePrps

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