CAL TURNER FAMILY FOUNDATION INC: Form 990PF, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- CAL TURNER FAMILY FOUNDATION INC (EIN 26-2886973)
- Tax period
- 2012-01-01 to 2012-12-31
- Filed
- 2013-11-07
- IRS object ID
- 201343119349100019
- 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
- Form 990-PF
- Schedule B
- Accounting Fees Schedule
- Contractor Compensation Expln
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- Mortgages And Notes Payable Sch
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Substantial Contributors Sch
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-11-07T12:01:10-08:00 | 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 | Frasier Dean & Howard PLLC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3310 West End Avenue Ste 550 | AddressLine1 |
| City | Nashville | City |
| State | TN | State |
| ZIP Code | 37203 | 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 | 262886973 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CAL TURNER FAMILY FOUNDATION INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | CALT | NameControl |
| Phone | 6158462048 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 138 SECOND AVENUE NORTH | AddressLine1 |
| City | NASHVILLE | City |
| State | TN | State |
| ZIP Code | 37201 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | CABOT PYLE | Name |
| Title | ASSISTANT SECT. | Title |
| Date Signed | 2013-11-07 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Stephen T Dolan | Name |
| PTIN | P00666397 | PTIN |
| Phone | 6153836592 | Phone |
| 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 | 47444683 | FMVAssetsEOY |
| Method Of Accounting Cash | X | MethodOfAccountingCash |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Received Rev And Expnss | 2316550 | ContriReceivedRevAndExpnss |
| Interest On Savings Rev And Expnss | 1154775 | InterestOnSavingsRevAndExpnss |
| Interest On Savings Net Invst Incm | 1096186 | InterestOnSavingsNetInvstIncm |
| Dividends Rev And Expnss | 534789 | DividendsRevAndExpnss |
| Dividends Net Invst Incm | 534789 | DividendsNetInvstIncm |
| Net Gain Sale Assets Rev And Expnss | 2999753 | NetGainSaleAssetsRevAndExpnss |
| Gross Sales Price | 3306284 | GrossSalesPrice |
| Capital Gain Net Incm Net Invst Incm | 2999753 | CapitalGainNetIncmNetInvstIncm |
| Other Income Rev And Expnss | -408227 | OtherIncomeRevAndExpnss |
| Other Income Net Invst Incm | -367248 | OtherIncomeNetInvstIncm |
| Total Revenue And Expenses | 6597640 | TotalRevenueAndExpenses |
| Total Net Investment Income | 4263480 | TotalNetInvestmentIncome |
| Legal Fees Rev And Expnss | 1963 | LegalFeesRevAndExpnss |
| Legal Fees Net Invst Incm | 687 | LegalFeesNetInvstIncm |
| Legal Fees Dsbrs Chrtbl Prps | 1276 | LegalFeesDsbrsChrtblPrps |
| Accounting Fees Rev And Expnss | 127194 | AccountingFeesRevAndExpnss |
| Accounting Fees Net Invst Incm | 44518 | AccountingFeesNetInvstIncm |
| Accounting Fees Dsbrs Chrtbl Prps | 82676 | AccountingFeesDsbrsChrtblPrps |
| Interest Rev And Expnss | 6630 | InterestRevAndExpnss |
| Interest Net Invst Incm | 6630 | InterestNetInvstIncm |
| Taxes Rev And Expnss | 3031 | TaxesRevAndExpnss |
| Taxes Net Invst Incm | 19189 | TaxesNetInvstIncm |
| Trav Conf Meeting Rev And Expnss | 14 | TravConfMeetingRevAndExpnss |
| Trav Conf Meeting Dsbrs Chrtbl Prps | 14 | TravConfMeetingDsbrsChrtblPrps |
| Other Expenses Rev And Expnss | 521283 | OtherExpensesRevAndExpnss |
| Other Expenses Net Invst Incm | 509894 | OtherExpensesNetInvstIncm |
| Other Expenses Dsbrs Chrtbl Prps | 10530 | OtherExpensesDsbrsChrtblPrps |
| Tot Opr Expenses Rev And Expnss | 660115 | TotOprExpensesRevAndExpnss |
| Tot Opr Expenses Net Invst Incm | 580918 | TotOprExpensesNetInvstIncm |
| Tot Opr Expenses Dsbrs Chrtbl Prps | 94496 | TotOprExpensesDsbrsChrtblPrps |
| Contri Gifts Paid Rev And Expnss | 4661004 | ContriGiftsPaidRevAndExpnss |
| Contri Gifts Paid Dsbrs Chrtbl Prps | 4661004 | ContriGiftsPaidDsbrsChrtblPrps |
| Total Expenses Rev And Expnss | 5321119 | TotalExpensesRevAndExpnss |
| Total Expenses Net Invst Incm | 580918 | TotalExpensesNetInvstIncm |
| Total Expenses Dsbrs Chrtbl Prps | 4755500 | TotalExpensesDsbrsChrtblPrps |
| Excess Of Revenue Over Expenses | 1276521 | ExcessOfRevenueOverExpenses |
| Net Investment Income | 3682562 | NetInvestmentIncome |
Balance Sheets BalanceSheets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Savings And Temp Cash Invst BOY | 3716907 | SavingsAndTempCashInvstBOY |
| Savings And Temp Cash Invst EOY | 1373777 | SavingsAndTempCashInvstEOY |
| Savings And Temp Cash Invst EOYFMV | 1373777 | SavingsAndTempCashInvstEOYFMV |
| Accounts Receivable | 51765 | AccountsReceivable |
| Accounts Receivable BOY | 584 | AccountsReceivableBOY |
| Accounts Receivable EOY | 51765 | AccountsReceivableEOY |
| Accounts Receivable EOYFMV | 51765 | AccountsReceivableEOYFMV |
| Investments Corp Stock BOY | 3854821 | InvestmentsCorpStockBOY |
| Investments Corp Stock EOY | 4450620 | InvestmentsCorpStockEOY |
| Investments Corp Stock EOYFMV | 5801883 | InvestmentsCorpStockEOYFMV |
| Investments Other BOY | 42957318 | InvestmentsOtherBOY |
| Investments Other EOY | 44861482 | InvestmentsOtherEOY |
| Investments Other EOYFMV | 40217258 | InvestmentsOtherEOYFMV |
| Total Assets BOY | 50529630 | TotalAssetsBOY |
| Total Assets EOY | 50737644 | TotalAssetsEOY |
| Total Assets EOYFMV | 47444683 | TotalAssetsEOYFMV |
| Total Liabilities EOY | 0 | TotalLiabilitiesEOY |
| Org That Do Not Follow SFAS117 | X | OrgThatDoNotFollowSFAS117 |
| Retained Earnings BOY | 50529630 | RetainedEarningsBOY |
| Retained Earnings EOY | 50737644 | RetainedEarningsEOY |
| Total Net Assets BOY | 50529630 | TotalNetAssetsBOY |
| Total Net Assets EOY | 50737644 | TotalNetAssetsEOY |
| Total Liabilities Net Assets BOY | 50529630 | TotalLiabilitiesNetAssetsBOY |
| Total Liabilities Net Assets EOY | 50737644 | TotalLiabilitiesNetAssetsEOY |
Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Net Assets Fund Balances BOY | 50529630 | TotalNetAssetsFundBalancesBOY |
| Excess Of Revenue Over Expenses | 1276521 | ExcessOfRevenueOverExpenses |
| Subtotal | 51806151 | Subtotal |
| Other Decreases | 1068507 | OtherDecreases |
| Total Net Assets Fund Balances EOY | 50737644 | TotalNetAssetsFundBalancesEOY |
Capital Gains And Losses CapitalGainsAndLosses
Capital Gains And Losses Info CapitalGainsAndLossesInfo (10 entries)
| Description Of AssetDescriptionOfAsset | How AcquiredHowAcquired | Date AcquiredDateAcquired | Date SoldDateSold | Gross Sales PriceGrossSalesPrice | Cost Or Other BasisCostOrOtherBasis | Gain Or LossGainOrLoss | Gains Minus Excess Or LossesGainsMinusExcessOrLosses |
|---|---|---|---|---|---|---|---|
| 1000 PROSHARES TR ULTRA | P | 2010-12-07 | 2012-11-02 | 63865 | 148766 | -84901 | -84901 |
| 3096 JPMORGAN CHASE CAP | P | 2008-10-31 | 2012-10-31 | 78785 | 64834 | 13951 | 13951 |
| 1904 JPMORGAN CHASE CAP | P | 2008-10-31 | 2012-10-25 | 48449 | 39872 | 8577 | 8577 |
| 2000 WACHOVIA CAP TR | P | 2011-02-11 | 2012-06-15 | 50000 | 49888 | 112 | 112 |
| FROM K-1: TURSON, LP | P | 2000-01-01 | 2012-12-31 | 1722327 | 1722327 | 1722327 | |
| FROM K-1: TURSON, LP | P | 2012-01-01 | 2012-12-31 | 340169 | 340169 | 340169 | |
| FROM K-1: HCTS CASH MANAGEMENT P'SHIP | P | 2000-01-01 | 2012-12-31 | 1990 | -1990 | -1990 | |
| FROM K-1: HCTS CASH MANAGEMENT P'SHIP | P | 2012-01-01 | 2012-12-31 | 1181 | -1181 | -1181 | |
| FROM K-1: 7/6 INVESTMENT P'SHIP | P | 2000-01-01 | 2012-12-31 | 970173 | 970173 | 970173 | |
| FROM K-1: 7/6 INVESTMENT P'SHIP | P | 2012-01-01 | 2012-12-31 | 32516 | 32516 | 32516 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | 2999753 | CapitalGainNetIncome |
Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable For4942 Tax | false | LiableFor4942Tax |
| Qualifying Distributions Year1 | 6164730 | QualifyingDistributionsYear1 |
| Noncharitable Assets Year1 | 47029232 | NoncharitableAssetsYear1 |
| Distribution Ratio Year1 | 0.13108 | DistributionRatioYear1 |
| Qualifying Distributions Year2 | 3889102 | QualifyingDistributionsYear2 |
| Noncharitable Assets Year2 | 45687661 | NoncharitableAssetsYear2 |
| Distribution Ratio Year2 | 0.08512 | DistributionRatioYear2 |
| Qualifying Distributions Year3 | 2676384 | QualifyingDistributionsYear3 |
| Noncharitable Assets Year3 | 39021022 | NoncharitableAssetsYear3 |
| Distribution Ratio Year3 | 0.06859 | DistributionRatioYear3 |
| Qualifying Distributions Year4 | 2203852 | QualifyingDistributionsYear4 |
| Noncharitable Assets Year4 | 55114926 | NoncharitableAssetsYear4 |
| Distribution Ratio Year4 | 0.03999 | DistributionRatioYear4 |
| Qualifying Distributions Year5 | 4223275 | QualifyingDistributionsYear5 |
| Noncharitable Assets Year5 | 60298554 | NoncharitableAssetsYear5 |
| Distribution Ratio Year5 | 0.07004 | DistributionRatioYear5 |
| Total Distribution Ratio | 0.39482 | TotalDistributionRatio |
| Average Distribution Ratio | 0.07896 | AverageDistributionRatio |
| Net Noncharitable Assets | 44438993 | NetNoncharitableAssets |
| Adjusted Noncharitable Assets | 3509081 | AdjustedNoncharitableAssets |
| One Percent Net Investment Income | 36826 | OnePercentNetInvestmentIncome |
| Adj Nonchrtbl Assets And One | 3545907 | AdjNonchrtblAssetsAndOnePct |
| Qualifying Distributions | 4755500 | QualifyingDistributions |
Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | X | DomesticOrgMeetingSect4940e |
| Investment Income Excise Tax | 36826 | InvestmentIncomeExciseTax |
| Subtotal | 36826 | Subtotal |
| Tax Based On Investment Income | 36826 | TaxBasedOnInvestmentIncome |
| Est Tax Payments And Overpayment | 73000 | EstTaxPaymentsAndOverpayment |
| Total Credits And Payments | 73000 | TotalCreditsAndPayments |
| Overpayment | 36174 | Overpayment |
| Amount Credited To Next Year | 36174 | AmountCreditedToNextYear |
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 | true | UnrelatedBusIncomeOver1000 |
| Form990 T Filed | true | Form990TFiled |
| Termination Etc | false | TerminationEtc |
| Requirements Of Sect508e | true | RequirementsOfSect508e |
| At Least5000 In Assets | true | AtLeast5000InAssets |
| States Filed With | TN | StatesFiledWith |
| Form990 PF Filed With AG | true | Form990PFFiledWithAG |
| Private Operating Foundation | false | PrivateOperatingFoundation |
| New Substantial Contributors | true | 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 Business Name BooksInCareOfBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JUDY MILLER | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Books In Care Of Phone Number | 6158462048 | BooksInCareOfPhoneNumber |
Books In Care Of US Address BooksInCareOfUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 138 SECOND AVENUE NORTH SUITE 200 | AddressLine1 |
| City | NASHVILLE | City |
| State | TN | State |
| ZIP Code | 37201 | 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 |
| Acts Fail To Qualify As Exceptions | false | ActsFailToQualifyAsExceptions |
| Uncorrected Prior Acts | false | UncorrectedPriorActs |
| Undistributed Income Prior Years | false | UndistributedIncomePriorYears |
| Undistr Income4942a2 Not Applied | false | UndistrIncome4942a2NotApplied |
| Business Holdings | false | BusinessHoldings |
| Excess Business Holdings | false | ExcessBusinessHoldings |
| 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 |
| Tr Fail To Qualify As Exceptions | false | TrFailToQualifyAsExceptions |
| Maint Expend Responsibility | false | MaintExpendResponsibility |
| Rcv Funds To Pay Prsnl Bnft Contract | false | RcvFundsToPayPrsnlBnftContract |
| Pay Premiums Prsnl Bnft Contract | false | PayPremiumsPrsnlBnftContract |
| Prohibited Tax Shelter Transactn | false | ProhibitedTaxShelterTransactn |
| Proceeds Or Net Income | false | ProceedsOrNetIncome |
Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo
Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (7 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | TitleTitle | Avg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPosition | CompensationCompensation |
|---|---|---|---|---|---|---|
| HAL CATO | ||||||
| 138 SECOND AVENUE NORTH | NASHVILLE | TN | 37021 | Director | 1.00 | 0 |
| CABOT PYLE | ||||||
| 138 SECOND AVENUE NORTH | NASHVILLE | TN | 37201 | ASSISTANT SECT. | 1.00 | 0 |
| MARK EZELL | ||||||
| 138 SECOND AVENUE NORTH | NASHVILLE | TN | 37201 | Director | 1.00 | 0 |
| JENNIFER L TURNER | ||||||
| 138 SECOND AVENUE NORTH | NASHVILLE | TN | 37201 | Director | 1.00 | 0 |
| HURLEY C TURNER III | ||||||
| 138 SECOND AVENUE NORTH | NASHVILLE | TN | 37201 | SECRETARY/TREAS | 1.00 | 0 |
| MARGARET B TURNER | ||||||
| 138 SECOND AVENUE NORTH | NASHVILLE | TN | 37201 | Vice President | 1.00 | 0 |
| H CALLISTER TURNER JR | ||||||
| 138 SECOND AVENUE NORTH | NASHVILLE | TN | 37201 | President | 1.00 | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Highest Paid Empl NONE | NONE | CompOfHighestPaidEmplNONE |
Compensation Of Hghst Paid Cntrct CompensationOfHghstPaidCntrct
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE FAMILY OFFICE | BusinessNameLine1 |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 138 SECOND AVE N STE 200 | AddressLine1 |
| City | NASHVILLE | City |
| State | TN | State |
| ZIP Code | 37201 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Service | INVEST./PROF. FEES | TypeOfService |
| Compensation | 295306 | Compensation |
Minimum Investment Return MinimumInvestmentReturn
| Field | Value | IRS element (for citing) |
|---|---|---|
| Avg Monthly FMV Of Securities | 41120014 | AvgMonthlyFMVOfSecurities |
| Avg Monthly Cash Balances | 3995715 | AvgMonthlyCashBalances |
| FMV All Other Noncharitable Assets | 0 | FMVAllOtherNoncharitableAssets |
| Total FMV Of Unused Assets | 45115729 | TotalFMVOfUnusedAssets |
| Reduction Claimed | 0 | ReductionClaimed |
| Adj Total FMV Of Unused Assets | 45115729 | AdjTotalFMVOfUnusedAssets |
| Cash Deemed Charitable | 676736 | CashDeemedCharitable |
| Net Noncharitable Assets | 44438993 | NetNoncharitableAssets |
| Minimum Investment Return | 2221950 | MinimumInvestmentReturn |
Distributable DistributableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | 2221950 | MinimumInvestmentReturn |
| Tax Based On Investment Income | 36826 | TaxBasedOnInvestmentIncome |
| Total Tax | 36826 | TotalTax |
| Distributable Amount Before Adj | 2185124 | DistributableAmountBeforeAdj |
| Distributable Amount Before Ded | 2185124 | DistributableAmountBeforeDed |
| Distributable Amount As Adjusted | 2185124 | DistributableAmountAsAdjusted |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | 4755500 | ExpensesAndContributions |
| Qualifying Distributions | 4755500 | QualifyingDistributions |
| One Pct Sect4940e Org Net Invst Incm | 36826 | OnePctSect4940eOrgNetInvstIncm |
| Adj Qualifying Distributions | 4718674 | AdjQualifyingDistributions |
Undistributed Income UndistributedIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable Amount As Adjusted | 2185124 | DistributableAmountAsAdjusted |
| Excess Distri Carryover Year3 | 94015 | ExcessDistriCarryoverYear3 |
| Excess Distri Carryover Year2 | 1678975 | ExcessDistriCarryoverYear2 |
| Excess Distri Carryover Year1 | 3901850 | ExcessDistriCarryoverYear1 |
| Total Excess Distri Carryover | 5674840 | TotalExcessDistriCarryover |
| Qualifying Distributions | 4755500 | QualifyingDistributions |
| Treated As Distri From Corpus | 0 | TreatedAsDistriFromCorpus |
| Applied To Current Year | 2185124 | AppliedToCurrentYear |
| Remaining Distri From Corpus | 2570376 | RemainingDistriFromCorpus |
| Total Corpus | 8245216 | TotalCorpus |
| Undistributed Income CY | 0 | UndistributedIncomeCY |
| Excess Distri Cyov To Next Year | 8245216 | ExcessDistriCyovToNextYear |
| Excess From Year3 | 94015 | ExcessFromYear3 |
| Excess From Year2 | 1678975 | ExcessFromYear2 |
| Excess From Year1 | 3901850 | ExcessFromYear1 |
| Excess From Current Year | 2570376 | ExcessFromCurrentYear |
Supplementary Information SupplementaryInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | H CALLISTER TURNER JR | ContributingManager |
Appication Submission Info AppicationSubmissionInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Name | CABOT PYLE | RecipientName |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 138 SECOND AVENUE NORTH | AddressLine1 |
| City | NASHVILLE | City |
| State | TN | State |
| ZIP Code | 37201 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone Number | 6158462053 | RecipientPhoneNumber |
| Form And Info And Materials | APPLICATION FORM PROVIDED BY THE FOUNDATION. INCLUDE: DOCUMENTATION OF TAX EXEMPT STATUS, LIST OF OFFICERS & DIRECTORS, MOST RECENT AUDITED FINANCIAL STATEMENT, INTERNAL FINANCIAL STATEMENTS & OPERATING BUDGET, PROJECTED BUDGET. | FormAndInfoAndMaterials |
| Submission Deadlines | NONE | SubmissionDeadlines |
| Restrictions On Awards | NO GRANTS FOR: INDIVIDUALS, LOANS, TRAVEL OR SEMINARS, GOVERNMENT AGENCIES, POLITICAL PURPOSES, DINNER EVENTS, OTHER PRIVATE FOUNDATIONS, TELETHONS. | RestrictionsOnAwards |
Grant Or Contri Paid During Year GrantOrContriPaidDuringYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person Name | SEE ATTACHMENT A | RecipientPersonName |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | VARIOUS | AddressLine1 |
| City | VARIOUS | City |
| State | TN | State |
| ZIP Code | 37201 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | NONE | RecipientRelationship |
| Recipient Foundation Status | PUBLIC | RecipientFoundationStatus |
| Purpose Of Grant Or Contribution | FOR SUPPORT OF ONGOING CHARITABLE ACTIVITIES. | PurposeOfGrantOrContribution |
| Amount | $4,661,004 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Grant Or Contri Paid During Year | 4661004 | TotGrantOrContriPaidDuringYear |
Grant Or Contri Approved For Future GrantOrContriApprovedForFuture
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person Name | SEE ATTACHMENT B | RecipientPersonName |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | VARIOUS | AddressLine1 |
| City | VARIOUS | City |
| State | TN | State |
| ZIP Code | 37201 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | NONE | RecipientRelationship |
| Recipient Foundation Status | PUBLIC | RecipientFoundationStatus |
| Purpose Of Grant Or Contribution | FOR SUPPORT OF ONGOING CHARITABLE ACTIVITIES. | PurposeOfGrantOrContribution |
| Amount | $7,054,800 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Grant Or Contri Approved Future | 7054800 | TotGrantOrContriApprovedFuture |
Analysis Income Producing Acty AnalysisIncomeProducingActy
Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $1,154,775 | ExclusionAmount |
Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $534,789 | ExclusionAmount |
Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 18 | ExclusionCode |
| Exclusion | $2,999,753 | ExclusionAmount |
Other Revenue Described OtherRevenueDescribed (4 entries)
| DescriptionDescription | Exclusion CodeExclusionCode | ExclusionExclusionAmount | Business CodeBusinessCode | Unrelated Business IncomeUnrelatedBusinessIncomeAmount |
|---|---|---|---|---|
| TD REAL ESTATE LP | 14 | -$27,774 | ||
| DG STORE III, LP | 14 | -$417,323 | 531120 | $198 |
| BEDELIA STREET K-1 | 14 | $1 | ||
| 7/6 INVESTMENT K-1 | 14 | $77,848 | 211110 | -$41,177 |
Subtotals Part XVIA SubtotalsPartXVIA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Income | -$40,979 | UnrelatedBusinessIncomeAmount |
| Exclusion | $4,322,069 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Part XVIA | 4281090 | 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 |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | X | Organization501c3ExemptPF |
| General Rule | X | GeneralRule |
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | 1 | ContributorNumber |
| Contributor Name Individual | CAL TURNER JR | ContributorNameIndividual |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 138 SECOND AVENUE NORTH | AddressLine1 |
| City | NASHVILLE | City |
| State | TN | State |
| ZIP Code | 37201 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | 2316550 | AggregateContributions |
| Person Contribution Type | X | PersonContributionType |
| Noncash Contribution Type | X | NoncashContributionType |
Noncash Property NoncashProperty
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number From Part I | 1 | ContributorNumberFromPartI |
| Noncash Property Description | 55,055 SH. HCA HOLDINGS INC. | NoncashPropertyDescription |
| Fair Market Value | 1691840 | FairMarketValue |
| Date Received | 2012-12-21 | DateReceived |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees AccountingFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | Category |
| Amount | $127,194 | Amount |
| Net Investment Income | 44518 | NetInvestmentIncome |
| Adjusted Net Income | 0 | AdjustedNetIncome |
| Disbursements Charitable Prps | 82676 | DisbursementsCharitablePrps |
Contractor Compensation Expln ContractorCompensationExpln
Contractor Comp Explanation ContractorCompExplanation
Contractor Name Business ContractorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE FAMILY OFFICE | BusinessNameLine1 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corp Stock InvestmentsCorpStock (2 entries)
| Name Of StockNameOfStock | EOY Book ValueEOYBookValue | EOYFMVEOYFMV |
|---|---|---|
| HCA HOLDINGS INC | 623333 | 1661009 |
| AINTREE CAPITAL | 3827287 | 4140874 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOther (7 entries)
| Category Or ItemCategoryOrItem | Listed At Cost Or FMVListedAtCostOrFMV | Book ValueBookValue | EOYFMVEOYFMV |
|---|---|---|---|
| TD REAL ESTATE LP | AT COST | 1302898 | 1013118 |
| DG STORE III, LP | AT COST | 466537 | 1020365 |
| COVENANT APARTMENT FUND VI, LP | AT COST | 339485 | 359780 |
| HCTS CASH MANAGEMENT PARTNERSHIP | AT COST | 2065987 | 1669871 |
| 7/6 INVESTMENT P'SHIP | AT COST | 10437500 | 8635131 |
| TURSON, LP | AT COST | 26206915 | 24902801 |
| BEDELIA STREET PARTNERS, LP | AT COST | 4042160 | 2616192 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | Category |
| Amount | $1,963 | Amount |
| Net Investment Income | 687 | NetInvestmentIncome |
| Adjusted Net Income | 0 | AdjustedNetIncome |
| Disbursements Charitable Prps | 1276 | DisbursementsCharitablePrps |
Mortgages And Notes Payable Sch MortgagesAndNotesPayableSch
Note Payable NotePayable
Lenders Name LendersName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Individual | BANK OF AMERICA | Individual |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship To Insider | THIRD PARTY LENDER | RelationshipToInsider |
| Original Amount Of Loan | 3000000 | OriginalAmountOfLoan |
| Date Of Note | 2005-12 | DateOfNote |
| Maturity Date | 2007-03 | MaturityDate |
| Repayment Terms | LUMP SUM IN ONE YEAR | RepaymentTerms |
| Security Provided By Borrower | 225,000 SHS DOLLAR GENERAL STK | SecurityProvidedByBorrower |
| Purpose Of Loan | SATISFY CHARITABLE COMMITTMENT | PurposeOfLoan |
| Desc Of Lender Consideration | CASH | DescOfLenderConsideration |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases OtherDecreases
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | VALUE OF STOCK GIFTED IN EXCESS OF DONOR'S BASIS | Description |
| Amount | $1,068,507 | Amount |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses OtherExpenses (13 entries)
| DescriptionDescription | Revenue And Expenses Per BooksRevenueAndExpensesPerBooks | Disbursements Charitable PrpsDisbursementsCharitablePrps | Net Investment IncomeNetInvestmentIncome |
|---|---|---|---|
| SUBSCRIPTIONS | 16 | 16 | |
| SEMINARS, BOOKS, EDUCATION | 3233 | 2101 | 1132 |
| OFFICE SUPPLIES | 1330 | 1330 | |
| MISCELLANEOUS | 84 | 57 | 27 |
| K-1: TURSON, LP | 121930 | 121922 | |
| K-1: TD REAL ESTATE LP | 415 | ||
| K-1: HCTS CASH MANAGEMENT P'SHIP | 5629 | 5484 | |
| K-1: BEDELIA STREET | 22135 | 22135 | |
| K-1: 7/6 INVESTMENT P'SHIP-CHARITABLE | 31 | 31 | |
| K-1: 7/6 INVESTMENT PARTNERSHIP | 154076 | 153785 | |
| FOOD & BEVERAGE | 665 | 665 | |
| DUES & MEMBERSHIPS | 6330 | 6330 | |
| BROKERAGE FEES | 205409 | 205409 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income OtherIncome (4 entries)
| DescriptionDescription | Revenue And Expenses Per BooksRevenueAndExpensesPerBooks | Net Investment IncomeNetInvestmentIncome |
|---|---|---|
| TD REAL ESTATE LP | -27774 | -27774 |
| DG STORE III, LP | -417125 | -417323 |
| BEDELIA STREET K-1 | 1 | 1 |
| 7/6 INVESTMENT K-1 | 36671 | 77848 |
Substantial Contributors Sch SubstantialContributorsSch
Substantial Contributor SubstantialContributor
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person Name | CAL TURNER JR | PersonName |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 138 SECOND AVENUE NORTH | AddressLine1 |
| City | NASHVILLE | City |
| State | TN | State |
| ZIP Code | 37201 | ZIPCode |
Taxes Schedule TaxesSchedule
Taxes Taxes (3 entries)
| CategoryCategory | AmountAmount | Net Investment IncomeNetInvestmentIncome |
|---|---|---|
| STATE INCOME TAX | $2,207 | 2207 |
| FOREIGN TAX PAID | $16,982 | 16982 |
| FEDERAL INCOME TAX | $16,158 |
Comments