LEGG FAMILY FOUNDATION INC: Form 990PF, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- LEGG FAMILY FOUNDATION INC (EIN 20-0994642)
- Tax period
- 2011-01-01 to 2011-12-31
- Filed
- 2012-07-18
- IRS object ID
- 201212009349100401
- 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
- Schedule B
- Accounting Fees Schedule
- Investments Other Schedule2
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-07-18T08:55:52-07:00 | 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 | Treadwell & Spires CPAs LLC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1020 Park Drive | AddressLine1 |
| City | Greensboro | City |
| State | GA | State |
| ZIP Code | 30642 | 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 | 200994642 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Legg Family Foundation Inc | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | LEGG | NameControl |
| Phone | 7064530193 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2851 Club Drive | AddressLine1 |
| City | Greensboro | City |
| State | GA | State |
| ZIP Code | 30642 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Jane D Legg | Name |
| Title | Trustee | Title |
| Date Signed | 2012-07-18 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Teresa P Treadwell CPA | Name |
| Phone | 7064532341 | Phone |
| 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 | 159719 | FMVAssetsEOY |
| Method Of Accounting Cash | X | MethodOfAccountingCash |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Received Rev And Expnss | 25000 | ContriReceivedRevAndExpnss |
| Dividends Rev And Expnss | 4602 | DividendsRevAndExpnss |
| Dividends Net Invst Incm | 4602 | DividendsNetInvstIncm |
| Dividends Adj Net Incm | 4602 | DividendsAdjNetIncm |
| Net Gain Sale Assets Rev And Expnss | 939 | NetGainSaleAssetsRevAndExpnss |
| Gross Sales Price | 96776 | GrossSalesPrice |
| Capital Gain Net Incm Net Invst Incm | 939 | CapitalGainNetIncmNetInvstIncm |
| Other Income Rev And Expnss | 410 | OtherIncomeRevAndExpnss |
| Total Revenue And Expenses | 30951 | TotalRevenueAndExpenses |
| Total Net Investment Income | 5541 | TotalNetInvestmentIncome |
| Total Adjusted Net Income | 4602 | TotalAdjustedNetIncome |
| Accounting Fees Rev And Expnss | 825 | AccountingFeesRevAndExpnss |
| Other Prof Fees Rev And Expnss | 1484 | OtherProfFeesRevAndExpnss |
| Other Prof Fees Net Invst Incm | 1484 | OtherProfFeesNetInvstIncm |
| Other Expenses Rev And Expnss | 143 | OtherExpensesRevAndExpnss |
| Tot Opr Expenses Rev And Expnss | 2452 | TotOprExpensesRevAndExpnss |
| Tot Opr Expenses Net Invst Incm | 1484 | TotOprExpensesNetInvstIncm |
| Tot Opr Expenses Dsbrs Chrtbl Prps | 0 | TotOprExpensesDsbrsChrtblPrps |
| Contri Gifts Paid Rev And Expnss | 7500 | ContriGiftsPaidRevAndExpnss |
| Contri Gifts Paid Dsbrs Chrtbl Prps | 7500 | ContriGiftsPaidDsbrsChrtblPrps |
| Total Expenses Rev And Expnss | 9952 | TotalExpensesRevAndExpnss |
| Total Expenses Net Invst Incm | 1484 | TotalExpensesNetInvstIncm |
| Total Expenses Dsbrs Chrtbl Prps | 7500 | TotalExpensesDsbrsChrtblPrps |
| Excess Of Revenue Over Expenses | 20999 | ExcessOfRevenueOverExpenses |
| Net Investment Income | 4057 | NetInvestmentIncome |
| Adjusted Net Income | 4602 | AdjustedNetIncome |
Balance Sheets BalanceSheets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash EOY | 4 | CashEOY |
| Cash EOYFMV | 4 | CashEOYFMV |
| Savings And Temp Cash Invst BOY | 34740 | SavingsAndTempCashInvstBOY |
| Savings And Temp Cash Invst EOY | 71354 | SavingsAndTempCashInvstEOY |
| Savings And Temp Cash Invst EOYFMV | 71354 | SavingsAndTempCashInvstEOYFMV |
| Investments Other BOY | 106390 | InvestmentsOtherBOY |
| Investments Other EOY | 90771 | InvestmentsOtherEOY |
| Investments Other EOYFMV | 88361 | InvestmentsOtherEOYFMV |
| Total Assets BOY | 141130 | TotalAssetsBOY |
| Total Assets EOY | 162129 | TotalAssetsEOY |
| Total Assets EOYFMV | 159719 | TotalAssetsEOYFMV |
| Total Liabilities EOY | 0 | TotalLiabilitiesEOY |
| Org That Follow SFAS117 | X | OrgThatFollowSFAS117 |
| Unrestricted BOY | 141130 | UnrestrictedBOY |
| Unrestricted EOY | 162129 | UnrestrictedEOY |
| Total Net Assets BOY | 141130 | TotalNetAssetsBOY |
| Total Net Assets EOY | 162129 | TotalNetAssetsEOY |
| Total Liabilities Net Assets BOY | 141130 | TotalLiabilitiesNetAssetsBOY |
| Total Liabilities Net Assets EOY | 162129 | TotalLiabilitiesNetAssetsEOY |
Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Net Assets Fund Balances BOY | 141130 | TotalNetAssetsFundBalancesBOY |
| Excess Of Revenue Over Expenses | 20999 | ExcessOfRevenueOverExpenses |
| Subtotal | 162129 | Subtotal |
| Total Net Assets Fund Balances EOY | 162129 | TotalNetAssetsFundBalancesEOY |
Capital Gains And Losses CapitalGainsAndLosses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | 939 | CapitalGainNetIncome |
| Net Short Term Capital Gain Or Loss | -1767 | NetShortTermCapitalGainOrLoss |
Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | 81 | InvestmentIncomeExciseTax |
| Subtotal | 81 | Subtotal |
| Tax Based On Investment Income | 81 | TaxBasedOnInvestmentIncome |
| Tax Due | 81 | TaxDue |
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 |
| Form990 T Filed | false | Form990TFiled |
| Termination Etc | false | TerminationEtc |
| Requirements Of Sect508e | false | 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 | true | ComplyWithPublicInspectionRqr |
| Website Address | N/A | WebsiteAddress |
| 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 (3 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | TitleTitle | Avg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPosition | CompensationCompensation |
|---|---|---|---|---|---|---|
| Deborah E Legg | ||||||
| 7607 Wordham Drive | Austin | TX | 78749 | Treasurer | 1.00 | 0 |
| Wendy Legg Gilbertson | ||||||
| 19141 Pleasantview Rd | Eden Prairie | MN | 55346 | Secretary | 1.00 | 0 |
| Jane D Legg | ||||||
| 2851 Club Drive | Greensboro | GA | 30642 | President | 1.00 | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Highest Paid Empl NONE | NONE | CompOfHighestPaidEmplNONE |
| Comp Of Hghst Paid Cntrct NONE | NONE | CompOfHghstPaidCntrctNONE |
Minimum Investment Return MinimumInvestmentReturn
| Field | Value | IRS element (for citing) |
|---|---|---|
| Avg Monthly FMV Of Securities | 103353 | AvgMonthlyFMVOfSecurities |
| Avg Monthly Cash Balances | 43939 | AvgMonthlyCashBalances |
| FMV All Other Noncharitable Assets | 0 | FMVAllOtherNoncharitableAssets |
| Total FMV Of Unused Assets | 147292 | TotalFMVOfUnusedAssets |
| Reduction Claimed | 0 | ReductionClaimed |
| Adj Total FMV Of Unused Assets | 147292 | AdjTotalFMVOfUnusedAssets |
| Cash Deemed Charitable | 2209 | CashDeemedCharitable |
| Net Noncharitable Assets | 145083 | NetNoncharitableAssets |
| Minimum Investment Return | 7254 | MinimumInvestmentReturn |
Distributable DistributableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | 7254 | MinimumInvestmentReturn |
| Tax Based On Investment Income | 81 | TaxBasedOnInvestmentIncome |
| Total Tax | 81 | TotalTax |
| Distributable Amount Before Adj | 7173 | DistributableAmountBeforeAdj |
| Distributable Amount Before Ded | 7173 | DistributableAmountBeforeDed |
| Distributable Amount As Adjusted | 7173 | DistributableAmountAsAdjusted |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | 7500 | ExpensesAndContributions |
| Qualifying Distributions | 7500 | QualifyingDistributions |
| Adj Qualifying Distributions | 7500 | AdjQualifyingDistributions |
Undistributed Income UndistributedIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable Amount As Adjusted | 7173 | DistributableAmountAsAdjusted |
| Undistributed Income Prior Year | 268 | UndistributedIncomePriorYear |
| Qualifying Distributions | 7500 | QualifyingDistributions |
| Applied To Year1 | 268 | AppliedToYear1 |
| Treated As Distri From Corpus | 0 | TreatedAsDistriFromCorpus |
| Applied To Current Year | 7173 | AppliedToCurrentYear |
| Remaining Distri From Corpus | 59 | RemainingDistriFromCorpus |
| Total Corpus | 59 | TotalCorpus |
| Undistributed Income CY | 0 | UndistributedIncomeCY |
| Excess Distri Cyov To Next Year | 59 | ExcessDistriCyovToNextYear |
| Excess From Current Year | 59 | ExcessFromCurrentYear |
Supplementary Information SupplementaryInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 | Camp For All Foundation | BusinessNameLine1 |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10500 NW Freeway Suite 220 | AddressLine1 |
| City | Houston | City |
| State | TX | State |
| ZIP Code | 77092 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | None | RecipientRelationship |
| Recipient Foundation Status | 501(C)(3) | RecipientFoundationStatus |
| Purpose Of Grant Or Contribution | Free camp to enrich lives of adults and children with special needs. | PurposeOfGrantOrContribution |
| Amount | $7,500 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Grant Or Contri Paid During Year | 7500 | 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 | $4,602 | ExclusionAmount |
Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Income | 939 | RelatedOrExemptFunctionIncome |
Other Revenue Described OtherRevenueDescribed (2 entries)
| DescriptionDescription | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|
| Misc deposit | 370 |
| 12 B1 Rebate payments | 40 |
Subtotals Part XVIA SubtotalsPartXVIA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $4,602 | ExclusionAmount |
| Related Or Exempt Function Income | 1349 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Part XVIA | 5951 | 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 (2 entries)
| Contributor NumberContributorNumber | Contributor Name IndividualContributorNameIndividual | Address Line1ContributorAddressUS/AddressLine1 | CityContributorAddressUS/City | StateContributorAddressUS/State | ZIP CodeContributorAddressUS/ZIPCode | Aggregate ContributionsAggregateContributions | Person Contribution TypePersonContributionType |
|---|---|---|---|---|---|---|---|
| 2 | Legg Charitable Lead Ann Trust 2 | 2851 Club Drive | Greensboro | GA | 30642 | 15000 | X |
| 1 | Legg Charitable Lead Ann Trust 1 | 2851 Club Drive | Greensboro | GA | 30642 | 10000 | X |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees AccountingFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Accounting and tax preparation | Category |
| Amount | $825 | Amount |
| Net Investment Income | 0 | NetInvestmentIncome |
| Adjusted Net Income | 0 | AdjustedNetIncome |
| Disbursements Charitable Prps | 0 | DisbursementsCharitablePrps |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | Mutual Funds | CategoryOrItem |
| Listed At Cost Or FMV | AT COST | ListedAtCostOrFMV |
| Book Value | 90771 | BookValue |
| EOYFMV | 88361 | EOYFMV |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses OtherExpenses (3 entries)
| DescriptionDescription | Revenue And Expenses Per BooksRevenueAndExpensesPerBooks |
|---|---|
| Tax | 19 |
| Secretary of State registration | 50 |
| Miscellaneous adj | 74 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income OtherIncome (2 entries)
| DescriptionDescription | Revenue And Expenses Per BooksRevenueAndExpensesPerBooks |
|---|---|
| Misc deposit | 370 |
| 12 B1 Rebate payments | 40 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees OtherProfessionalFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Investment advisory fees | Category |
| Amount | $1,484 | Amount |
| Net Investment Income | 1484 | NetInvestmentIncome |
| Adjusted Net Income | 0 | AdjustedNetIncome |
| Disbursements Charitable Prps | 0 | DisbursementsCharitablePrps |