WORRALL FOUNDATION: Form 990PF, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- WORRALL FOUNDATION (EIN 75-2886782)
- Tax period
- 2011-01-01 to 2011-12-31
- Filed
- 2012-03-26
- IRS object ID
- 201210869349100056
- 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
- Accounting Fees Schedule
- Gain Loss Sale Other Assets Sch
- Investments Corp Stock Schedule
- Other Expenses Schedule
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-03-26T16:03:34-07:00 | 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 | CW RUSSELL CPA | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4695 N FM 2869 | AddressLine1 |
| City | WINNSBORO | City |
| State | TX | State |
| ZIP Code | 75494 | 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 | 752886782 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WORRALL FOUNDATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | WORR | NameControl |
| Phone | 2148270590 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6342 LA VISTA DRIVE | AddressLine1 |
| City | DALLAS | City |
| State | TX | State |
| ZIP Code | 75214 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JAN M WORRALL | Name |
| Title | MANAGER | Title |
| Phone | 2148270590 | Phone |
| Date Signed | 2012-03-15 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | C W RUSSELL CPA | Name |
| Phone | 9036297880 | Phone |
| Date Prepared | 2012-03-26 | DatePrepared |
| Self Employed | X | SelfEmployed |
| 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 | 134625 | 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 | 1600 | DividendsRevAndExpnss |
| Dividends Net Invst Incm | 1600 | DividendsNetInvstIncm |
| Net Gain Sale Assets Rev And Expnss | 9823 | NetGainSaleAssetsRevAndExpnss |
| Gross Sales Price | 59496 | GrossSalesPrice |
| Capital Gain Net Incm Net Invst Incm | 0 | CapitalGainNetIncmNetInvstIncm |
| Total Revenue And Expenses | 11423 | TotalRevenueAndExpenses |
| Total Net Investment Income | 1600 | TotalNetInvestmentIncome |
| Accounting Fees Rev And Expnss | 2100 | AccountingFeesRevAndExpnss |
| Accounting Fees Net Invst Incm | 2100 | AccountingFeesNetInvstIncm |
| Other Prof Fees Rev And Expnss | 2177 | OtherProfFeesRevAndExpnss |
| Other Prof Fees Net Invst Incm | 2177 | OtherProfFeesNetInvstIncm |
| Taxes Rev And Expnss | 25 | TaxesRevAndExpnss |
| Taxes Net Invst Incm | 25 | TaxesNetInvstIncm |
| Other Expenses Rev And Expnss | 195 | OtherExpensesRevAndExpnss |
| Other Expenses Net Invst Incm | 195 | OtherExpensesNetInvstIncm |
| Tot Opr Expenses Rev And Expnss | 4497 | TotOprExpensesRevAndExpnss |
| Tot Opr Expenses Net Invst Incm | 4497 | TotOprExpensesNetInvstIncm |
| Tot Opr Expenses Dsbrs Chrtbl Prps | 0 | TotOprExpensesDsbrsChrtblPrps |
| Contri Gifts Paid Rev And Expnss | 9988 | ContriGiftsPaidRevAndExpnss |
| Contri Gifts Paid Dsbrs Chrtbl Prps | 9988 | ContriGiftsPaidDsbrsChrtblPrps |
| Total Expenses Rev And Expnss | 14485 | TotalExpensesRevAndExpnss |
| Total Expenses Net Invst Incm | 4497 | TotalExpensesNetInvstIncm |
| Total Expenses Dsbrs Chrtbl Prps | 9988 | TotalExpensesDsbrsChrtblPrps |
| Excess Of Revenue Over Expenses | -3062 | ExcessOfRevenueOverExpenses |
| Net Investment Income | 0 | NetInvestmentIncome |
Balance Sheets BalanceSheets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | 2154 | CashBOY |
| Cash EOY | 1605 | CashEOY |
| Cash EOYFMV | 1605 | CashEOYFMV |
| Investments Corp Stock BOY | 106737 | InvestmentsCorpStockBOY |
| Investments Corp Stock EOY | 104218 | InvestmentsCorpStockEOY |
| Investments Corp Stock EOYFMV | 133020 | InvestmentsCorpStockEOYFMV |
| Total Assets BOY | 108891 | TotalAssetsBOY |
| Total Assets EOY | 105823 | TotalAssetsEOY |
| Total Assets EOYFMV | 134625 | TotalAssetsEOYFMV |
| Total Liabilities EOY | 0 | TotalLiabilitiesEOY |
| Org That Do Not Follow SFAS117 | X | OrgThatDoNotFollowSFAS117 |
| Retained Earnings BOY | 108891 | RetainedEarningsBOY |
| Retained Earnings EOY | 105823 | RetainedEarningsEOY |
| Total Net Assets BOY | 108891 | TotalNetAssetsBOY |
| Total Net Assets EOY | 105823 | TotalNetAssetsEOY |
| Total Liabilities Net Assets BOY | 108891 | TotalLiabilitiesNetAssetsBOY |
| Total Liabilities Net Assets EOY | 105823 | TotalLiabilitiesNetAssetsEOY |
Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Net Assets Fund Balances BOY | 108891 | TotalNetAssetsFundBalancesBOY |
| Excess Of Revenue Over Expenses | -3062 | ExcessOfRevenueOverExpenses |
| Other Increases | -6 | OtherIncreases |
| Subtotal | 105823 | Subtotal |
| Total Net Assets Fund Balances EOY | 105823 | TotalNetAssetsFundBalancesEOY |
Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable For4942 Tax | false | LiableFor4942Tax |
| Qualifying Distributions Year1 | 11192 | QualifyingDistributionsYear1 |
| Noncharitable Assets Year1 | 134163 | NoncharitableAssetsYear1 |
| Distribution Ratio Year1 | 0.083421 | DistributionRatioYear1 |
| Qualifying Distributions Year2 | 10694 | QualifyingDistributionsYear2 |
| Noncharitable Assets Year2 | 121767 | NoncharitableAssetsYear2 |
| Distribution Ratio Year2 | 0.087823 | DistributionRatioYear2 |
| Qualifying Distributions Year3 | 12319 | QualifyingDistributionsYear3 |
| Noncharitable Assets Year3 | 174537 | NoncharitableAssetsYear3 |
| Distribution Ratio Year3 | 0.070581 | DistributionRatioYear3 |
| Qualifying Distributions Year4 | 11151 | QualifyingDistributionsYear4 |
| Noncharitable Assets Year4 | 217193 | NoncharitableAssetsYear4 |
| Distribution Ratio Year4 | 0.051341 | DistributionRatioYear4 |
| Qualifying Distributions Year5 | 10645 | QualifyingDistributionsYear5 |
| Noncharitable Assets Year5 | 195638 | NoncharitableAssetsYear5 |
| Distribution Ratio Year5 | 0.054412 | DistributionRatioYear5 |
| Total Distribution Ratio | 0.347578 | TotalDistributionRatio |
| Average Distribution Ratio | 0.069516 | AverageDistributionRatio |
| Net Noncharitable Assets | 140087 | NetNoncharitableAssets |
| Adjusted Noncharitable Assets | 9738 | AdjustedNoncharitableAssets |
| Adj Nonchrtbl Assets And One | 9738 | AdjNonchrtblAssetsAndOnePct |
| Qualifying Distributions | 9988 | QualifyingDistributions |
Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | X | DomesticOrgMeetingSect4940e |
| 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 | false | RequirementsOfSect508e |
| At Least5000 In Assets | true | AtLeast5000InAssets |
| States Filed With | TX | StatesFiledWith |
| 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 | JAN WORRALL | BooksInCareOfPersonName |
| Books In Care Of Phone Number | 2148270590 | BooksInCareOfPhoneNumber |
Books In Care Of US Address BooksInCareOfUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6342 LA VISTA DR | AddressLine1 |
| City | DALLAS | City |
| State | TX | State |
| ZIP Code | 75214 | 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 |
| Business Holdings | false | BusinessHoldings |
| 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 |
| 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 (4 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 |
|---|---|---|---|---|---|---|---|---|
| GERALD WORRALL III | ||||||||
| 6342 LA VISTA DR | DALLAS | TX | 75214 | Pres./Dir. | 0 | 0 | 0 | 0 |
| JAN M WORRALL | ||||||||
| 6342 LA VISTA DR | DALLAS | TX | 75214 | Treas./Dir. | 1.00 | 0 | 0 | 0 |
| NORMA J WORRALL | ||||||||
| 6342 LA VISTA DR | DALLAS | TX | 75214 | Sedc./Dir. | 0 | 0 | 0 | 0 |
| GERALD WORRALL II | ||||||||
| 6342 LA VISTA DR | DALLAS | TX | 75214 | Dir. | 0 | 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 | 139132 | AvgMonthlyFMVOfSecurities |
| Avg Monthly Cash Balances | 3088 | AvgMonthlyCashBalances |
| FMV All Other Noncharitable Assets | 0 | FMVAllOtherNoncharitableAssets |
| Total FMV Of Unused Assets | 142220 | TotalFMVOfUnusedAssets |
| Adj Total FMV Of Unused Assets | 142220 | AdjTotalFMVOfUnusedAssets |
| Cash Deemed Charitable | 2133 | CashDeemedCharitable |
| Net Noncharitable Assets | 140087 | NetNoncharitableAssets |
| Minimum Investment Return | 7004 | MinimumInvestmentReturn |
Distributable DistributableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | 7004 | MinimumInvestmentReturn |
| Distributable Amount Before Adj | 7004 | DistributableAmountBeforeAdj |
| Distributable Amount Before Ded | 7004 | DistributableAmountBeforeDed |
| Distributable Amount As Adjusted | 7004 | DistributableAmountAsAdjusted |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | 9988 | ExpensesAndContributions |
| Qualifying Distributions | 9988 | QualifyingDistributions |
| Adj Qualifying Distributions | 9988 | AdjQualifyingDistributions |
Undistributed Income UndistributedIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable Amount As Adjusted | 7004 | DistributableAmountAsAdjusted |
| Excess Distri Carryover Year5 | 901 | ExcessDistriCarryoverYear5 |
| Excess Distri Carryover Year4 | 598 | ExcessDistriCarryoverYear4 |
| Excess Distri Carryover Year3 | 3592 | ExcessDistriCarryoverYear3 |
| Excess Distri Carryover Year2 | 4606 | ExcessDistriCarryoverYear2 |
| Excess Distri Carryover Year1 | 4484 | ExcessDistriCarryoverYear1 |
| Total Excess Distri Carryover | 14181 | TotalExcessDistriCarryover |
| Qualifying Distributions | 9988 | QualifyingDistributions |
| Remaining Distri From Corpus | 9988 | RemainingDistriFromCorpus |
| Total Corpus | 24169 | TotalCorpus |
| Undistributed Income CY | 7004 | UndistributedIncomeCY |
| Excess Distri Cyov From Year5 | 901 | ExcessDistriCyovFromYear5 |
| Excess Distri Cyov To Next Year | 23268 | ExcessDistriCyovToNextYear |
| Excess From Year4 | 598 | ExcessFromYear4 |
| Excess From Year3 | 3592 | ExcessFromYear3 |
| Excess From Year2 | 4606 | ExcessFromYear2 |
| Excess From Year1 | 4484 | ExcessFromYear1 |
| Excess From Current Year | 9988 | ExcessFromCurrentYear |
Supplementary Information SupplementaryInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | NONE | ContributingManager |
| Shareholder Manager | NONE | ShareholderManager |
| Only Contributes To Preselected | X | OnlyContributesToPreselected |
Grant Or Contri Paid During Year GrantOrContriPaidDuringYear
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SEE ATTACHED PDF-GRANTS | BusinessNameLine1 |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | SEE ATTACHED PDF-GRANTS | AddressLine1 |
| City | DALLAS | City |
| State | TX | State |
| ZIP Code | 75200 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Foundation Status | N/A | RecipientFoundationStatus |
| Purpose Of Grant Or Contribution | See Attached PDF-Grants | PurposeOfGrantOrContribution |
| Amount | $9,988 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Grant Or Contri Paid During Year | 9988 | TotGrantOrContriPaidDuringYear |
Analysis Income Producing Acty AnalysisIncomeProducingActy
Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $1,600 | ExclusionAmount |
Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 18 | ExclusionCode |
| Exclusion | $9,823 | ExclusionAmount |
Subtotals Part XVIA SubtotalsPartXVIA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $11,423 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Part XVIA | 11423 | 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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees AccountingFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | C. W. Russell Tax | Category |
| Amount | $2,100 | Amount |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAsset (3 entries)
| NameName | Date AcquiredDateAcquired | How AcquiredHowAcquired | Date SoldDateSold | Gross Sales PriceGrossSalesPrice | BasisBasis | Basis MethodBasisMethod | Total NetTotalNet |
|---|---|---|---|---|---|---|---|
| MSSB | |||||||
| See Attached PDF file MSSB 29957 | 2010-01 | Purchased | 2011-12 | 10991 | 3842 | FMV | 7149 |
| MSSB | |||||||
| See Attached PDF file MSSB 30068 | 2011-06 | Purchased | 2011-12 | 31929 | 31873 | FMV | 56 |
| MSSB | |||||||
| See Attached PDF MSSB 30068 | 2010-01 | Purchased | 2011-12 | 16576 | 13958 | FMV | 2618 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corp Stock InvestmentsCorpStock (3 entries)
| Name Of StockNameOfStock | EOY Book ValueEOYBookValue | EOYFMVEOYFMV |
|---|---|---|
| MSSB-29957 | 52881 | 74688 |
| MSSB-29958 | ||
| MSSB-30068 | 51337 | 58332 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses OtherExpenses (2 entries)
| DescriptionDescription | Revenue And Expenses Per BooksRevenueAndExpensesPerBooks | Net Investment IncomeNetInvestmentIncome |
|---|---|---|
| Office Supplies | 195 | 195 |
| Miscellaneous |
Other Increases Schedule OtherIncreasesSchedule
Other Increases OtherIncreases (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| Broker diff in Interest & Dividends | $28 |
| Excess Broker Stock Basis | -$34 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees OtherProfessionalFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | MSSmith Barney Brokerage | Category |
| Amount | $2,177 | Amount |
Taxes Schedule TaxesSchedule
Taxes Taxes (2 entries)
| CategoryCategory | AmountAmount | Net Investment IncomeNetInvestmentIncome |
|---|---|---|
| Foreign Taxes | $24 | 24 |
| ADR Fees | $1 | 1 |
Comments