MCMILLAN FAM FOUNDATION TR: Form 990PF, tax year 2011

View the entire original 990 at ProPublica ↗

Organization: MCMILLAN FAM FOUNDATION TR (EIN 59-7240253)
Tax period: 2011-01-01 to 2011-12-31
Filed: 2012-05-14
IRS object ID: 201201359349101910
Schema version: 2011v1.2
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
Gain Loss Sale Other Assets Sch
Other Decreases Schedule
Other Expenses Schedule
Other Income Schedule2
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2012-05-14T11:54:43-07:00	Timestamp
Tax Period End Date	2011-12-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	C LUTHER PICKELS CPA	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 413	AddressLine1
City	MONTICELLO	City
State	FL	State
ZIP Code	32345	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnType
Tax Period Begin Date	2011-01-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	597240253	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	MCMILLAN FAMILY FOUNDATION	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	MCMI	NameControl
Phone	8509971765	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	POST OFFICE BOX 68	AddressLine1
City	PANACEA	City
State	FL	State
ZIP Code	32346	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	JEAN MCMILLAN	Name
Title	TRUSTEE	Title
Phone	8509971765	Phone
Date Signed	2012-02-25	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	LUTHER PICKELS	Name
Phone	8509970777	Phone
Date Prepared	2012-05-14	DatePrepared

Field	Value	IRS element (for citing)
Tax Year	2011	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	1047666	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
Dividends Rev And Expnss	54280	DividendsRevAndExpnss
Net Gain Sale Assets Rev And Expnss	-170717	NetGainSaleAssetsRevAndExpnss
Gross Sales Price	2905107	GrossSalesPrice
Capital Gain Net Incm Net Invst Incm	0	CapitalGainNetIncmNetInvstIncm
Other Income Rev And Expnss	3290	OtherIncomeRevAndExpnss
Total Revenue And Expenses	-113147	TotalRevenueAndExpenses
Total Net Investment Income	0	TotalNetInvestmentIncome
Accounting Fees Rev And Expnss	350	AccountingFeesRevAndExpnss
Taxes Rev And Expnss	1390	TaxesRevAndExpnss
Other Expenses Rev And Expnss	902	OtherExpensesRevAndExpnss
Tot Opr Expenses Rev And Expnss	2642	TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm	0	TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps	0	TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss	41728	ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps	0	ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss	44370	TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm	0	TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps	0	TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses	-157517	ExcessOfRevenueOverExpenses
Net Investment Income	0	NetInvestmentIncome

Balance Sheets BalanceSheets

Field	Value	IRS element (for citing)
Cash BOY	132987	CashBOY
Cash EOY	34214	CashEOY
Cash EOYFMV	34214	CashEOYFMV
Investments Corp Stock BOY	678877	InvestmentsCorpStockBOY
Investments Corp Stock EOY	742469	InvestmentsCorpStockEOY
Investments Corp Stock EOYFMV	913452	InvestmentsCorpStockEOYFMV
Investments Corp Bonds BOY	219981	InvestmentsCorpBondsBOY
Investments Land Etc BOY	100000	InvestmentsLandEtcBOY
Investments Land Etc EOY	100000	InvestmentsLandEtcEOY
Investments Land Etc EOYFMV	100000	InvestmentsLandEtcEOYFMV
Total Assets BOY	1131845	TotalAssetsBOY
Total Assets EOY	876683	TotalAssetsEOY
Total Assets EOYFMV	1047666	TotalAssetsEOYFMV
Total Liabilities EOY	0	TotalLiabilitiesEOY
Org That Follow SFAS117	X	OrgThatFollowSFAS117
Unrestricted BOY	1031845	UnrestrictedBOY
Unrestricted EOY	776683	UnrestrictedEOY
Temporarily Restricted BOY	100000	TemporarilyRestrictedBOY
Temporarily Restricted EOY	100000	TemporarilyRestrictedEOY
Total Net Assets BOY	1131845	TotalNetAssetsBOY
Total Net Assets EOY	876683	TotalNetAssetsEOY
Total Liabilities Net Assets BOY	1131845	TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY	876683	TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

Field	Value	IRS element (for citing)
Total Net Assets Fund Balances BOY	1131845	TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses	-157517	ExcessOfRevenueOverExpenses
Subtotal	974328	Subtotal
Other Decreases	97645	OtherDecreases
Total Net Assets Fund Balances EOY	876683	TotalNetAssetsFundBalancesEOY

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

Field	Value	IRS element (for citing)
Liable For4942 Tax	false	LiableFor4942Tax
Qualifying Distributions Year1	50000	QualifyingDistributionsYear1
Noncharitable Assets Year1	818173	NoncharitableAssetsYear1
Distribution Ratio Year1	0.061112	DistributionRatioYear1
Qualifying Distributions Year2	33600	QualifyingDistributionsYear2
Noncharitable Assets Year2	610700	NoncharitableAssetsYear2
Distribution Ratio Year2	0.055019	DistributionRatioYear2
Qualifying Distributions Year3	35000	QualifyingDistributionsYear3
Noncharitable Assets Year3	698000	NoncharitableAssetsYear3
Distribution Ratio Year3	0.050143	DistributionRatioYear3
Qualifying Distributions Year4	50000	QualifyingDistributionsYear4
Noncharitable Assets Year4	881575	NoncharitableAssetsYear4
Distribution Ratio Year4	0.056717	DistributionRatioYear4
Qualifying Distributions Year5	50000	QualifyingDistributionsYear5
Noncharitable Assets Year5	890000	NoncharitableAssetsYear5
Distribution Ratio Year5	0.056180	DistributionRatioYear5
Total Distribution Ratio	0.279171	TotalDistributionRatio
Average Distribution Ratio	0.055834	AverageDistributionRatio
Adj Nonchrtbl Assets And One	0	AdjNonchrtblAssetsAndOnePct
Qualifying Distributions	0	QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

Field	Value	IRS element (for citing)
Investment Income Excise Tax	0	InvestmentIncomeExciseTax
Tax Under Section511	0	TaxUnderSection511
Tax Based On Investment Income	0	TaxBasedOnInvestmentIncome
Amount Credited To Next Year	0	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	false	UnrelatedBusIncomeOver1000
Termination Etc	false	TerminationEtc
Requirements Of Sect508e	true	RequirementsOfSect508e
At Least5000 In Assets	true	AtLeast5000InAssets
Form990 PF Filed With AG	true	Form990PFFiledWithAG
Private Operating Foundation	false	PrivateOperatingFoundation
New Substantial Contributors	false	NewSubstantialContributors
Interest In Controlled Entity	false	InterestInControlledEntity
Applicable Insurance Contract	false	ApplicableInsuranceContract
Comply With Public Inspection Rqr	false	ComplyWithPublicInspectionRqr
Website Address	N/A	WebsiteAddress
Books In Care Of Person Name	JEAN MCMILLAN	BooksInCareOfPersonName
Books In Care Of Phone Number	8509845251	BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

Field	Value	IRS element (for citing)
Address Line1	P O BOX 68	AddressLine1
City	PANACEA	City
State	FL	State
ZIP Code	32346	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
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
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

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (2 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
FINLEY MCMILLAN
PO BOX 68	PANACEA	FL	32346	TRUSTEE/	2.00	0	0	0
JEAN B MCMILLAN
PO BOX 68	PANACEA	FL	32346	TRUSTEE/	2.00	0	0	0

Field	Value	IRS element (for citing)
Comp Of Highest Paid Empl NONE	NONE	CompOfHighestPaidEmplNONE
Tot Number Of Oth Empl Paid Over50k	0	TotNumberOfOthEmplPaidOver50k
Comp Of Hghst Paid Cntrct NONE	NONE	CompOfHghstPaidCntrctNONE
Tot Number Of Cntrct Paid Over50k	0	TotNumberOfCntrctPaidOver50k

Minimum Investment Return MinimumInvestmentReturn

Field	Value	IRS element (for citing)
Avg Monthly FMV Of Securities	0	AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances	0	AvgMonthlyCashBalances
FMV All Other Noncharitable Assets	0	FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets	0	TotalFMVOfUnusedAssets
Adj Total FMV Of Unused Assets	0	AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable	0	CashDeemedCharitable
Net Noncharitable Assets	0	NetNoncharitableAssets
Minimum Investment Return	0	MinimumInvestmentReturn

Distributable DistributableAmount

Field	Value	IRS element (for citing)
Distributable Amount As Adjusted	0	DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

Field	Value	IRS element (for citing)
Expenses And Contributions	0	ExpensesAndContributions

Undistributed Income UndistributedIncome

Field	Value	IRS element (for citing)
Distributable Amount As Adjusted	0	DistributableAmountAsAdjusted
Excess Distri Carryover Year4	5921	ExcessDistriCarryoverYear4
Excess Distri Carryover Year2	35000	ExcessDistriCarryoverYear2
Total Excess Distri Carryover	40921	TotalExcessDistriCarryover
Total Corpus	40921	TotalCorpus
Undistributed Income CY	0	UndistributedIncomeCY
Excess Distri Cyov To Next Year	40921	ExcessDistriCyovToNextYear
Excess From Year4	5921	ExcessFromYear4
Excess From Year2	35000	ExcessFromYear2

Supplementary Information SupplementaryInformation

Field	Value	IRS element (for citing)
Contributing Manager	FINLEY MCMILLAN	ContributingManager
Contributing Manager	JEAN MCMILLAN	ContributingManager
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
LIGHTHOUSE CHILDRENS HOME
7771 MAHAN DRIVE	TALLAHASSEE	FL	32309	NONE	SUPPORT OF MINISTRY	$27,000
THE SALVATION ARMY
206 W VIRGINIA ST	TALLAHASSEE	FL	32301	NONE	SUPPORT OF CHARITY	$4,000
FRIENDSHIP PRIMITIVE BAPTIST CHURCH
GEN DELIVERY	PANACEA	FL	32346	NONE	SUPPORT OF MINISTRY	$4,228
UN DAUGHTERS OF CONF
419 BUCKHORN CREEK RD	SOPCHOPPY	FL	32358	NONE	SUPPORT	$2,500
FLORIDAS SH YOUTH RANCH
P O BOX 2000	BOYS RANCH	FL	32064	NONE	SUPPORT	$4,000

Field	Value	IRS element (for citing)
Tot Grant Or Contri Paid During Year	41728	TotGrantOrContriPaidDuringYear

Analysis Income Producing Acty AnalysisIncomeProducingActy

Program Service Revenue Part VII ProgramServiceRevenuePartVII

Field	Value	IRS element (for citing)
Description	ALL	Description
Related Or Exempt Function Income	55688	RelatedOrExemptFunctionIncome

Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry

Field	Value	IRS element (for citing)
Related Or Exempt Function Income	-170717	RelatedOrExemptFunctionIncome

Subtotals Part XVIA SubtotalsPartXVIA

Field	Value	IRS element (for citing)
Related Or Exempt Function Income	-115029	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Total Part XVIA	-115029	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

Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch

Gain Loss Sale Other Asset GainLossSaleOtherAsset

Field	Value	IRS element (for citing)
Name	STOCKS	Name
How Acquired	Purchased	HowAcquired
Gross Sales Price	2905107	GrossSalesPrice
Basis	3075824	Basis
Total Net	-170717	TotalNet

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases OtherDecreases

Field	Value	IRS element (for citing)
Description	CHANGE IN ASSET	Description
Amount	$97,645	Amount

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses

Field	Value	IRS element (for citing)
Description	OTHER	Description
Revenue And Expenses Per Books	902	RevenueAndExpensesPerBooks

Other Income Schedule2 OtherIncomeSchedule2

Other Income OtherIncome

Field	Value	IRS element (for citing)
Description	NON DIVIDEND DISTRIBUTIONS	Description
Revenue And Expenses Per Books	3290	RevenueAndExpensesPerBooks

Taxes Schedule TaxesSchedule

Taxes Taxes (2 entries)

CategoryCategory	AmountAmount
PROPERTY	$1,267
OTHER	$123

MCMILLAN FAM FOUNDATION TR: Form 990PF, tax year 2011

Return header ReturnHeader

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Preparer Firm US Address PreparerFirmUSAddress

Filer Filer

Name Name

US Address USAddress

Officer Officer

Preparer Preparer

Form 990-PF IRS990PF

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Balance Sheets BalanceSheets

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

Statements Regarding Activities StatementsRegardingActivities

Books In Care Of US Address BooksInCareOfUSAddress

Statements Regarding Acty4720 StatementsRegardingActy4720

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (2 entries)

Minimum Investment Return MinimumInvestmentReturn

Distributable DistributableAmount

Qualifying Distributions QualifyingDistributions

Undistributed Income UndistributedIncome

Supplementary Information SupplementaryInformation

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (5 entries)

Analysis Income Producing Acty AnalysisIncomeProducingActy

Program Service Revenue Part VII ProgramServiceRevenuePartVII

Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry

Subtotals Part XVIA SubtotalsPartXVIA

Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO

Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch

Gain Loss Sale Other Asset GainLossSaleOtherAsset

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases OtherDecreases

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses

Other Income Schedule2 OtherIncomeSchedule2

Other Income OtherIncome

Taxes Schedule TaxesSchedule

Taxes Taxes (2 entries)

Comments