BUISSON FOUNDATION INC: Form 990PF, tax year 2010

View the entire original 990 at ProPublica ↗

Organization
BUISSON FOUNDATION INC (EIN 58-2297642)
Tax period
2010-01-01 to 2010-12-31
Filed
2012-07-16
IRS object ID
201202009349100300
Schema version
2010v3.4
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)
Timestamp2012-07-16T08:53:16-05:00Timestamp
Tax Period End Date2010-12-31TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1RICHTER & COMPANY LLCBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 566AddressLine1
CityCAIROCity
StateGAState
ZIP Code39828ZIPCode
FieldValueIRS element (for citing)
Return Type990PFReturnType
Tax Period Begin Date2010-01-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN582297642EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1BUISSON FOUNDATION INCBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlBUISNameControl
Phone7709787421Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line16354 J F JAY ROADAddressLine1
CityGAINESVILLECity
StateGAState
ZIP Code30506ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameROBERT T BUISSONName
TitlePRESIDENTTitle
Phone7709787421Phone
Date Signed2011-11-15DateSigned
Authorize Third Party1AuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NamePATRICK L OUZTSName
Phone2293773446Phone
Date Prepared2011-11-14DatePrepared
FieldValueIRS element (for citing)
Tax Year2010TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Exempt PFXExemptPF
FMV Assets EOY1384301FMVAssetsEOY
Method Of Accounting CashXMethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Not Required To Attach Schedule BXNotRequiredToAttachScheduleB
Dividends Rev And Expnss5611DividendsRevAndExpnss
Dividends Net Invst Incm5611DividendsNetInvstIncm
Net Gain Sale Assets Rev And Expnss51918NetGainSaleAssetsRevAndExpnss
Gross Sales Price126488GrossSalesPrice
Capital Gain Net Incm Net Invst Incm51918CapitalGainNetIncmNetInvstIncm
Total Revenue And Expenses57529TotalRevenueAndExpenses
Total Net Investment Income57529TotalNetInvestmentIncome
Comp Ofcr Dir Trst Rev And Expnss0CompOfcrDirTrstRevAndExpnss
Comp Ofcr Dir Trst Net Invst Incm0CompOfcrDirTrstNetInvstIncm
Comp Ofcr Dir Trst Dsbrs Chrtbl Prps0CompOfcrDirTrstDsbrsChrtblPrps
Taxes Rev And Expnss2336TaxesRevAndExpnss
Taxes Net Invst Incm0TaxesNetInvstIncm
Taxes Dsbrs Chrtbl Prps0TaxesDsbrsChrtblPrps
Other Expenses Rev And Expnss8326OtherExpensesRevAndExpnss
Other Expenses Net Invst Incm0OtherExpensesNetInvstIncm
Other Expenses Dsbrs Chrtbl Prps0OtherExpensesDsbrsChrtblPrps
Tot Opr Expenses Rev And Expnss10662TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm0TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps0TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss90200ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps90200ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss100862TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm0TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps90200TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses-43333ExcessOfRevenueOverExpenses
Net Investment Income57529NetInvestmentIncome

Balance Sheets BalanceSheets

FieldValueIRS element (for citing)
Savings And Temp Cash Invst BOY57684SavingsAndTempCashInvstBOY
Savings And Temp Cash Invst EOY13684SavingsAndTempCashInvstEOY
Savings And Temp Cash Invst EOYFMV13684SavingsAndTempCashInvstEOYFMV
Investments Corp Stock BOY359006InvestmentsCorpStockBOY
Investments Corp Stock EOY359673InvestmentsCorpStockEOY
Investments Corp Stock EOYFMV1370617InvestmentsCorpStockEOYFMV
Total Assets BOY416690TotalAssetsBOY
Total Assets EOY373357TotalAssetsEOY
Total Assets EOYFMV1384301TotalAssetsEOYFMV
Total Liabilities BOY0TotalLiabilitiesBOY
Total Liabilities EOY0TotalLiabilitiesEOY
Org That Follow SFAS117XOrgThatFollowSFAS117
Unrestricted BOY416690UnrestrictedBOY
Unrestricted EOY373357UnrestrictedEOY
Total Net Assets BOY416690TotalNetAssetsBOY
Total Net Assets EOY373357TotalNetAssetsEOY
Total Liabilities Net Assets BOY416690TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY373357TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

FieldValueIRS element (for citing)
Total Net Assets Fund Balances BOY416690TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses-43333ExcessOfRevenueOverExpenses
Other Increases0OtherIncreases
Subtotal373357Subtotal
Other Decreases0OtherDecreases
Total Net Assets Fund Balances EOY373357TotalNetAssetsFundBalancesEOY

Capital Gains And Losses CapitalGainsAndLosses

Capital Gains And Losses Info CapitalGainsAndLossesInfo (7 entries)

Description Of AssetDescriptionOfAssetHow AcquiredHowAcquiredDate AcquiredDateAcquiredDate SoldDateSoldGross Sales PriceGrossSalesPriceCost Or Other BasisCostOrOtherBasisGain Or LossGainOrLossGains Minus Excess Or LossesGainsMinusExcessOrLosses
100 SH BAXTER INTL INCP2010-04-262010-04-30482247804242
110 SH HERSHEY COMPANYP2009-05-212010-04-225284384214421442
560 SH HOME DEPOT INCP2009-05-212010-02-17168081414426642664
760 SH NESTLE SAP2010-04-202010-11-15426203603765836583
10700 SH CITIGROUP INCD1982-12-012010-11-154611674993861738617
110 SH HERSHEY COMPANYP2009-08-272010-11-1552304283947947
100 SH NESTLE SAP2009-08-122010-11-155608398516231623
FieldValueIRS element (for citing)
Capital Gain Net Income51918CapitalGainNetIncome

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

FieldValueIRS element (for citing)
Liable For4942 Tax0LiableFor4942Tax
Qualifying Distributions Year190264QualifyingDistributionsYear1
Noncharitable Assets Year11150509NoncharitableAssetsYear1
Distribution Ratio Year10.078456DistributionRatioYear1
Qualifying Distributions Year2122400QualifyingDistributionsYear2
Noncharitable Assets Year25693703NoncharitableAssetsYear2
Distribution Ratio Year20.021497DistributionRatioYear2
Qualifying Distributions Year3692700QualifyingDistributionsYear3
Noncharitable Assets Year314434092NoncharitableAssetsYear3
Distribution Ratio Year30.047991DistributionRatioYear3
Qualifying Distributions Year4844509QualifyingDistributionsYear4
Noncharitable Assets Year413898383NoncharitableAssetsYear4
Distribution Ratio Year40.060763DistributionRatioYear4
Qualifying Distributions Year51095250QualifyingDistributionsYear5
Noncharitable Assets Year512212533NoncharitableAssetsYear5
Distribution Ratio Year50.089682DistributionRatioYear5
Total Distribution Ratio0.298389TotalDistributionRatio
Average Distribution Ratio0.059678AverageDistributionRatio
Net Noncharitable Assets1249562NetNoncharitableAssets
Adjusted Noncharitable Assets74571AdjustedNoncharitableAssets
One Percent Net Investment Income575OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One75146AdjNonchrtblAssetsAndOnePct
Qualifying Distributions90200QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eXDomesticOrgMeetingSect4940e
Investment Income Excise Tax575InvestmentIncomeExciseTax
Tax Under Section5110TaxUnderSection511
Subtotal575Subtotal
Subtitle A Tax0SubtitleATax
Tax Based On Investment Income575TaxBasedOnInvestmentIncome
Total Credits And Payments0TotalCreditsAndPayments
Form2220 AttachedXForm2220Attached
Penalty For Underpayment15PenaltyForUnderpayment
Tax Due590TaxDue

Statements Regarding Activities StatementsRegardingActivities

FieldValueIRS element (for citing)
Legislative Political Activities0LegislativePoliticalActivities
More Than100 Spent0MoreThan100Spent
Form1120 POL Filed0Form1120POLFiled
Sect4955 Tax On Organization0Sect4955TaxOnOrganization
Sect4955 Tax On Managers0Sect4955TaxOnManagers
Reimbursement Of Tax0ReimbursementOfTax
Activities Not Prev Reported0ActivitiesNotPrevReported
Changes To Articles Or Bylaws0ChangesToArticlesOrBylaws
Unrelated Bus Income Over10000UnrelatedBusIncomeOver1000
Termination Etc0TerminationEtc
Requirements Of Sect508e1RequirementsOfSect508e
At Least5000 In Assets1AtLeast5000InAssets
States Filed WithGAStatesFiledWith
Form990 PF Filed With AG1Form990PFFiledWithAG
Private Operating Foundation0PrivateOperatingFoundation
New Substantial Contributors0NewSubstantialContributors
Interest In Controlled Entity0InterestInControlledEntity
Applicable Insurance Contract0ApplicableInsuranceContract
Comply With Public Inspection Rqr1ComplyWithPublicInspectionRqr
Website AddressN/AWebsiteAddress
Books In Care Of Person NameROBERT T BUISSONBooksInCareOfPersonName
Books In Care Of Phone Number7705350784BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

FieldValueIRS element (for citing)
Address Line16354 J F JAY ROADAddressLine1
CityGAINESVILLECity
StateGAState
ZIP Code30506ZIPCode
FieldValueIRS element (for citing)
Foreign Bank0ForeignBank

Statements Regarding Acty4720 StatementsRegardingActy4720

FieldValueIRS element (for citing)
Sale Or Exchange With Dsqfly Person0SaleOrExchangeWithDsqflyPerson
Borrow Or Lend With Dsqfly Person0BorrowOrLendWithDsqflyPerson
Furnished Goods With Dsqfly Person0FurnishedGoodsWithDsqflyPerson
Pay Compensation To Dsqfly Person0PayCompensationToDsqflyPerson
Transfer Assets To Dsqfly Person0TransferAssetsToDsqflyPerson
Payment To Government Offical0PaymentToGovernmentOffical
Uncorrected Prior Acts0UncorrectedPriorActs
Undistributed Income Prior Years0UndistributedIncomePriorYears
Business Holdings0BusinessHoldings
Jeopardy Investments0JeopardyInvestments
Uncorrected Jeopardy Investments0UncorrectedJeopardyInvestments
Influence Legislation0InfluenceLegislation
Influence Election0InfluenceElection
Grants To Individuals0GrantsToIndividuals
Grants To Organizations0GrantsToOrganizations
Noncharitable Purpose0NoncharitablePurpose
Rcv Funds To Pay Prsnl Bnft Contract0RcvFundsToPayPrsnlBnftContract
Pay Premiums Prsnl Bnft Contract0PayPremiumsPrsnlBnftContract
Prohibited Tax Shelter Transactn0ProhibitedTaxShelterTransactn

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (6 entries)

Address Line1USAddress/AddressLine1CityUSAddress/CityStateUSAddress/StateZIP CodeUSAddress/ZIPCodeTitleTitleAvg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPositionCompensationCompensationContri To Empl Benefit Plans EtcContriToEmplBenefitPlansEtcExpense Account Other AllowancesExpenseAccountOtherAllowances
ROBERT T BUISSON
6354 J F JAY ROADGAINESVILLEGA30506DIRECTOR0.00000
MARION R BUISSON
6354 J F JAY ROADGAINESVILLEGA30506DIRECTOR0.00000
MARION B VELIS
6354 J F JAY ROADGAINESVILLEGA30506PRESIDENT0.00000
ELIZABETH M BUISSON
6354 J F JAY ROADGAINESVILLEGA30506VICE-PRESIDENT0.00000
ROBERT T BUISSON JR
6354 J F JAY ROADGAINESVILLEGA30506SECRETARY0.00000
BEAU T BUISSON
6354 J F JAY ROADGAINESVILLEGA30506TREASURER0.00000
FieldValueIRS element (for citing)
Comp Of Highest Paid Empl NONENONECompOfHighestPaidEmplNONE
Tot Number Of Oth Empl Paid Over50k0TotNumberOfOthEmplPaidOver50k
Comp Of Hghst Paid Cntrct NONENONECompOfHghstPaidCntrctNONE
Tot Number Of Cntrct Paid Over50k0TotNumberOfCntrctPaidOver50k

Sum Of Program Related Investments SumOfProgramRelatedInvestments

FieldValueIRS element (for citing)
Total0Total

Minimum Investment Return MinimumInvestmentReturn

FieldValueIRS element (for citing)
Avg Monthly FMV Of Securities1268591AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances0AvgMonthlyCashBalances
FMV All Other Noncharitable Assets0FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets1268591TotalFMVOfUnusedAssets
Reduction Claimed0ReductionClaimed
Acquisition Indebtedness0AcquisitionIndebtedness
Adj Total FMV Of Unused Assets1268591AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable19029CashDeemedCharitable
Net Noncharitable Assets1249562NetNoncharitableAssets
Minimum Investment Return62478MinimumInvestmentReturn

Distributable DistributableAmount

FieldValueIRS element (for citing)
Minimum Investment Return62478MinimumInvestmentReturn
Tax Based On Investment Income575TaxBasedOnInvestmentIncome
Total Tax575TotalTax
Distributable Amount Before Adj61903DistributableAmountBeforeAdj
Recoveries Qlfy Distributions0RecoveriesQlfyDistributions
Distributable Amount Before Ded61903DistributableAmountBeforeDed
Deduction Fr Distributable$0DeductionFrDistributableAmount
Distributable Amount As Adjusted61903DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

FieldValueIRS element (for citing)
Expenses And Contributions90200ExpensesAndContributions
Program Related Investments Total0ProgramRelatedInvestmentsTotal
Qualifying Distributions90200QualifyingDistributions
One Pct Sect4940e Org Net Invst Incm575OnePctSect4940eOrgNetInvstIncm
Adj Qualifying Distributions89625AdjQualifyingDistributions

Undistributed Income UndistributedIncome

FieldValueIRS element (for citing)
Distributable Amount As Adjusted61903DistributableAmountAsAdjusted
Undistributed Income Prior Year0UndistributedIncomePriorYear
Total For Prior Years0TotalForPriorYears
Excess Distri Carryover Year5344321ExcessDistriCarryoverYear5
Excess Distri Carryover Year4160700ExcessDistriCarryoverYear4
Excess Distri Carryover Year137411ExcessDistriCarryoverYear1
Total Excess Distri Carryover542432TotalExcessDistriCarryover
Qualifying Distributions90200QualifyingDistributions
Applied To Year10AppliedToYear1
Applied To Prior Years0AppliedToPriorYears
Treated As Distri From Corpus0TreatedAsDistriFromCorpus
Applied To Current Year61903AppliedToCurrentYear
Remaining Distri From Corpus28297RemainingDistriFromCorpus
Excess Distri Cyov App CY Corpus0ExcessDistriCyovAppCYCorpus
Excess Distri Cyov Applied CY0ExcessDistriCyovAppliedCY
Total Corpus570729TotalCorpus
Prior Year Undistributed Income0PriorYearUndistributedIncome
Prior Year Deficiency Or Tax0PriorYearDeficiencyOrTax
Taxable Amount10TaxableAmount1
Taxable Amount20TaxableAmount2
Undistributed Income CY0UndistributedIncomeCY
Distri From Corpus170b1 E Or4942g30DistriFromCorpus170b1EOr4942g3
Excess Distri Cyov From Year5344321ExcessDistriCyovFromYear5
Excess Distri Cyov To Next Year226408ExcessDistriCyovToNextYear
Excess From Year4160700ExcessFromYear4
Excess From Year137411ExcessFromYear1
Excess From Current Year28297ExcessFromCurrentYear

Supplementary Information SupplementaryInformation

FieldValueIRS element (for citing)
Contributing ManagerROBERT T BUISSONContributingManager

Appication Submission Info AppicationSubmissionInfo

FieldValueIRS element (for citing)
Recipient NameROBERT T BUISSONRecipientName

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line16354 J F JAY ROADAddressLine1
CityGAINESVILLECity
StateGAState
ZIP Code30506ZIPCode
FieldValueIRS element (for citing)
Recipient Phone Number7705367422RecipientPhoneNumber
Form And Info And MaterialsLETTER TO MR. BUISSON DESCRIBING APPLICANT'S ORGANIZATION AND PURPOSE OF GRANTFormAndInfoAndMaterials
Submission DeadlinesNONESubmissionDeadlines
Restrictions On AwardsNONERestrictionsOnAwards

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (7 entries)

Address Line1RecipientUSAddress/AddressLine1CityRecipientUSAddress/CityStateRecipientUSAddress/StateZIP CodeRecipientUSAddress/ZIPCodePurpose Of Grant Or ContributionPurposeOfGrantOrContributionAmountAmount
CHALLENGED CHILD & FRIENDS INC
2360 MURPHY BOULEVARDGAINESVILLEGA30504OPERATING GRANT$50,000
FEAR THIS INC
3837 LAUREL CREST DRIVESNELLVILLEGA30039OPERATING GRANT$1,000
GOOD NEWS AT NOON
979 DAVIS STREETGAINESVILLEGA30501OPERATING GRANT$1,000
GOOD NEWS CLINICS
810 PINE STREETGAINESVILLEGA30501OPERATING GRANT$1,000
RIVERBEND BAPTIST CHURCH
1715 CLEVELAND HIGHWAYGAINESVILLEGA30501OPERATING GRANT$200
ST ALOYSIUS
4401 ELYSIAN FIELDS AVENUENEW ORLEANSLA70122OPERATING GRANT$25,000
THE TORCH URBAN MINISTRIES
6828 OLD WHELCHEL ROADDAHLONEGAGA30533OPERATING GRANT$12,000
FieldValueIRS element (for citing)
Tot Grant Or Contri Paid During Year90200TotGrantOrContriPaidDuringYear
Tot Grant Or Contri Approved Future0TotGrantOrContriApprovedFuture

Analysis Income Producing Acty AnalysisIncomeProducingActy

Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII

FieldValueIRS element (for citing)
Exclusion Code14ExclusionCode
Exclusion$5,611ExclusionAmount

Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry

FieldValueIRS element (for citing)
Exclusion Code18ExclusionCode
Exclusion$51,918ExclusionAmount

Subtotals Part XVIA SubtotalsPartXVIA

FieldValueIRS element (for citing)
Unrelated Business Income$0UnrelatedBusinessIncomeAmount
Exclusion$57,529ExclusionAmount
Related Or Exempt Function Income0RelatedOrExemptFunctionIncome
FieldValueIRS element (for citing)
Total Part XVIA57529TotalPartXVIA

Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO

FieldValueIRS element (for citing)
Trnsfr Of Cash To Noncharitable EO0TrnsfrOfCashToNoncharitableEO
Trnsfr Oth Assets Noncharitable EO0TrnsfrOthAssetsNoncharitableEO
Sales Or Exchanges Of Assets0SalesOrExchangesOfAssets
Purchase Assets Noncharitable EO0PurchaseAssetsNoncharitableEO
Rental Of Facilities Etc0RentalOfFacilitiesEtc
Reimbursement Arrangements0ReimbursementArrangements
Loans Or Loan Guarantees0LoansOrLoanGuarantees
Performance Of Services Etc0PerformanceOfServicesEtc
Sharing Of Facilities Etc0SharingOfFacilitiesEtc
Relationships Noncharitable E Os0RelationshipsNoncharitableEOs

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corp Stock InvestmentsCorpStock

FieldValueIRS element (for citing)
Name Of StockSTOCKSNameOfStock
EOY Book Value359673EOYBookValue
EOYFMV1370617EOYFMV

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses

FieldValueIRS element (for citing)
DescriptionINVESTMENT ADVISORY FEESDescription
Revenue And Expenses Per Books8326RevenueAndExpensesPerBooks
Net Investment Income0NetInvestmentIncome
Disbursements Charitable Prps0DisbursementsCharitablePrps

Taxes Schedule TaxesSchedule

Taxes Taxes

FieldValueIRS element (for citing)
CategoryFEDERAL INCOME TAXESCategory
Amount$2,336Amount
Net Investment Income0NetInvestmentIncome
Disbursements Charitable Prps0DisbursementsCharitablePrps

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