LIVING WATER FOUNDATION: Form 990PF, tax year 2011

View the entire original 990 at ProPublica ↗

Organization: LIVING WATER FOUNDATION (EIN 93-1291150)
Tax period: 2011-09-01 to 2012-08-31
Filed: 2012-10-28
IRS object ID: 201223079349100207
Schema version: 2011v1.3
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
All Oth Prog Rltd Investments Sch
Investments Corp Stock Schedule
Legal Fees Schedule
Other Expenses Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2012-10-28T09:58:33-07:00	Timestamp
Tax Period End Date	2012-08-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RELIANCE SPECIAL TAX BENEFITS INC	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	7615 SW LOTUS BLOSSOM PL	AddressLine1
City	Beaverton	City
State	OR	State
ZIP Code	97008	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnType
Tax Period Begin Date	2011-09-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	931291150	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	LIVING WATER FOUNDATION	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	LIVI	NameControl
Phone	5036671781	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1075 W HISTORIC COLUMBIA RIVER HWY	AddressLine1
City	Troutdale	City
State	OR	State
ZIP Code	970601348	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	GUY R WOLCOTT	Name
Title	PRESIDENT	Title
Phone	5036671781	Phone
Date Signed	2012-10-27	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	RICHARD E MORRIS 071594EA	Name
Phone	5036469941	Phone
Date Prepared	2012-10-28	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	217511	FMVAssetsEOY
Method Of Accounting Cash	X	MethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Contri Received Rev And Expnss	179334	ContriReceivedRevAndExpnss
Interest On Savings Rev And Expnss	39	InterestOnSavingsRevAndExpnss
Interest On Savings Net Invst Incm	39	InterestOnSavingsNetInvstIncm
Total Revenue And Expenses	179373	TotalRevenueAndExpenses
Total Net Investment Income	39	TotalNetInvestmentIncome
Legal Fees Rev And Expnss	172	LegalFeesRevAndExpnss
Legal Fees Dsbrs Chrtbl Prps	172	LegalFeesDsbrsChrtblPrps
Taxes Rev And Expnss	342	TaxesRevAndExpnss
Taxes Net Invst Incm	342	TaxesNetInvstIncm
Other Expenses Rev And Expnss	342	OtherExpensesRevAndExpnss
Other Expenses Net Invst Incm	30	OtherExpensesNetInvstIncm
Other Expenses Dsbrs Chrtbl Prps	312	OtherExpensesDsbrsChrtblPrps
Tot Opr Expenses Rev And Expnss	856	TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm	372	TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps	484	TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss	227161	ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps	227161	ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss	228017	TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm	372	TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps	227645	TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses	-48644	ExcessOfRevenueOverExpenses
Net Investment Income	0	NetInvestmentIncome

Balance Sheets BalanceSheets

Field	Value	IRS element (for citing)
Cash BOY	64877	CashBOY
Cash EOY	16233	CashEOY
Cash EOYFMV	16233	CashEOYFMV
Investments Corp Stock BOY	2585862	InvestmentsCorpStockBOY
Investments Corp Stock EOY	2585862	InvestmentsCorpStockEOY
Investments Corp Stock EOYFMV	201278	InvestmentsCorpStockEOYFMV
Total Assets BOY	2650739	TotalAssetsBOY
Total Assets EOY	2602095	TotalAssetsEOY
Total Assets EOYFMV	217511	TotalAssetsEOYFMV
Total Liabilities EOY	0	TotalLiabilitiesEOY
Org That Follow SFAS117	X	OrgThatFollowSFAS117
Unrestricted BOY	2650739	UnrestrictedBOY
Unrestricted EOY	2602095	UnrestrictedEOY
Total Net Assets BOY	2650739	TotalNetAssetsBOY
Total Net Assets EOY	2602095	TotalNetAssetsEOY
Total Liabilities Net Assets BOY	2650739	TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY	2602095	TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

Field	Value	IRS element (for citing)
Total Net Assets Fund Balances BOY	2650739	TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses	-48644	ExcessOfRevenueOverExpenses
Subtotal	2602095	Subtotal
Total Net Assets Fund Balances EOY	2602095	TotalNetAssetsFundBalancesEOY

Capital Gains And Losses CapitalGainsAndLosses

Capital Gains And Losses Info CapitalGainsAndLossesInfo

Field	Value	IRS element (for citing)
Description Of Asset	None	DescriptionOfAsset

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

Field	Value	IRS element (for citing)
Qualifying Distributions Year1	359601	QualifyingDistributionsYear1
Noncharitable Assets Year1	736435	NoncharitableAssetsYear1
Distribution Ratio Year1	0.488300	DistributionRatioYear1
Qualifying Distributions Year2	210961	QualifyingDistributionsYear2
Noncharitable Assets Year2	2018934	NoncharitableAssetsYear2
Distribution Ratio Year2	0.104491	DistributionRatioYear2
Qualifying Distributions Year3	464952	QualifyingDistributionsYear3
Noncharitable Assets Year3	3131503	NoncharitableAssetsYear3
Distribution Ratio Year3	0.148476	DistributionRatioYear3
Qualifying Distributions Year4	625711	QualifyingDistributionsYear4
Noncharitable Assets Year4	2710182	NoncharitableAssetsYear4
Distribution Ratio Year4	0.230874	DistributionRatioYear4
Qualifying Distributions Year5	404000	QualifyingDistributionsYear5
Noncharitable Assets Year5	576052	NoncharitableAssetsYear5
Distribution Ratio Year5	0.701326	DistributionRatioYear5
Total Distribution Ratio	1.673467	TotalDistributionRatio
Average Distribution Ratio	0.334693	AverageDistributionRatio
Net Noncharitable Assets	238206	NetNoncharitableAssets
Adjusted Noncharitable Assets	79726	AdjustedNoncharitableAssets
Adj Nonchrtbl Assets And One	79726	AdjNonchrtblAssetsAndOnePct
Qualifying Distributions	227645	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 Due	0	TaxDue

Statements Regarding Activities StatementsRegardingActivities

Field	Value	IRS element (for citing)
Requirements Of Sect508e	true	RequirementsOfSect508e
At Least5000 In Assets	true	AtLeast5000InAssets
Form990 PF Filed With AG	true	Form990PFFiledWithAG
New Substantial Contributors	false	NewSubstantialContributors
Comply With Public Inspection Rqr	true	ComplyWithPublicInspectionRqr
Website Address	Not Applicable	WebsiteAddress

Books In Care Of Business Name BooksInCareOfBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	Global TradeLinks Inc	BusinessNameLine1

Field	Value	IRS element (for citing)
Books In Care Of Phone Number	5036469941	BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

Field	Value	IRS element (for citing)
Address Line1	7615 SW Lotus Blossom Place	AddressLine1
City	Beaverton	City
State	OR	State
ZIP Code	97008	ZIPCode

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
Guy R Wolcott
1075 W Historic Columbia River Hwy	Troutdale	OR	970601348	President, Director	10.00	0
Chris G Wolcott
1075 W Historic Columbia River Hwy	Troutdale	OR	970601348	Secretary, Director	5.00	0
Guy R Wolcott II
1075 W Historic Columbia River Hwy	Troutdale	OR	970601348	Director	5.00	0

Field	Value	IRS element (for citing)
Comp Of Hghst Paid Cntrct NONE	NONE	CompOfHghstPaidCntrctNONE

Minimum Investment Return MinimumInvestmentReturn

Field	Value	IRS element (for citing)
Avg Monthly FMV Of Securities	201278	AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances	40555	AvgMonthlyCashBalances
FMV All Other Noncharitable Assets	0	FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets	241833	TotalFMVOfUnusedAssets
Adj Total FMV Of Unused Assets	241833	AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable	3627	CashDeemedCharitable
Net Noncharitable Assets	238206	NetNoncharitableAssets
Minimum Investment Return	11910	MinimumInvestmentReturn

Distributable DistributableAmount

Field	Value	IRS element (for citing)
Minimum Investment Return	11910	MinimumInvestmentReturn
Distributable Amount Before Adj	11910	DistributableAmountBeforeAdj
Distributable Amount Before Ded	11910	DistributableAmountBeforeDed
Distributable Amount As Adjusted	11910	DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

Field	Value	IRS element (for citing)
Expenses And Contributions	227645	ExpensesAndContributions
Qualifying Distributions	227645	QualifyingDistributions
Adj Qualifying Distributions	227645	AdjQualifyingDistributions

Undistributed Income UndistributedIncome

Field	Value	IRS element (for citing)
Distributable Amount As Adjusted	11910	DistributableAmountAsAdjusted
Excess Distri Carryover Year5	375305	ExcessDistriCarryoverYear5
Excess Distri Carryover Year4	490369	ExcessDistriCarryoverYear4
Excess Distri Carryover Year3	308441	ExcessDistriCarryoverYear3
Excess Distri Carryover Year2	110058	ExcessDistriCarryoverYear2
Excess Distri Carryover Year1	323023	ExcessDistriCarryoverYear1
Total Excess Distri Carryover	1607196	TotalExcessDistriCarryover
Qualifying Distributions	227645	QualifyingDistributions
Remaining Distri From Corpus	215735	RemainingDistriFromCorpus
Total Corpus	1822931	TotalCorpus
Undistributed Income CY	11910	UndistributedIncomeCY
Excess Distri Cyov From Year5	375305	ExcessDistriCyovFromYear5
Excess Distri Cyov To Next Year	1447626	ExcessDistriCyovToNextYear
Excess From Year4	490369	ExcessFromYear4
Excess From Year3	308441	ExcessFromYear3
Excess From Year2	110058	ExcessFromYear2
Excess From Year1	323023	ExcessFromYear1
Excess From Current Year	215735	ExcessFromCurrentYear

Supplementary Information SupplementaryInformation

Field	Value	IRS element (for citing)
Only Contributes To Preselected	X	OnlyContributesToPreselected

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (3 entries)

Address Line1RecipientUSAddress/AddressLine1	CityRecipientUSAddress/City	StateRecipientUSAddress/State	ZIP CodeRecipientUSAddress/ZIPCode	Recipient RelationshipRecipientRelationship	Recipient Foundation StatusRecipientFoundationStatus	Purpose Of Grant Or ContributionPurposeOfGrantOrContribution	AmountAmount	Address Line1RecipientForeignAddress/AddressLine1	CityRecipientForeignAddress/City	Province Or StateRecipientForeignAddress/ProvinceOrState	CountryRecipientForeignAddress/Country	Postal CodeRecipientForeignAddress/PostalCode
AkinsPioneer Missions Center
1050 Union University Drive	Jackson	TN	38035	None	501(c)(3)	Christian Outreach Ministries	$5,000
Crosswalk Ministries USA Inc
PO Box 3568	La Pine	OR	97739	None	501(c)(3)	Christian Ministry Programs to Reduce Juvenile Crime	$10,000
Samraksha Society
				None	Foreign Charity	Orphange Housing & Education	$212,161	D No 13-1-308 Hird Jr College Cps	Guntur	Andhra Pradesh	IN	522 601

Field	Value	IRS element (for citing)
Tot Grant Or Contri Paid During Year	227161	TotGrantOrContriPaidDuringYear

Analysis Income Producing Acty AnalysisIncomeProducingActy

Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst

Field	Value	IRS element (for citing)
Exclusion Code	14	ExclusionCode
Exclusion	$39	ExclusionAmount

Subtotals Part XVIA SubtotalsPartXVIA

Field	Value	IRS element (for citing)
Exclusion	$39	ExclusionAmount

Field	Value	IRS element (for citing)
Total Part XVIA	39	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 (3 entries)

Contributor NumberContributorNumber	Contributor Name IndividualContributorNameIndividual	Address Line1ContributorAddressUS/AddressLine1	CityContributorAddressUS/City	StateContributorAddressUS/State	ZIP CodeContributorAddressUS/ZIPCode	Aggregate ContributionsAggregateContributions	Person Contribution TypePersonContributionType
1	Guy and Chris Wolcott	1075 W Historic Columbia River Hwy	Troutdale	OR	97060	150000	X
2	Guy Wolcott II Wolcott Living Tr	1075 W Historic Columbia River Hwy	Troutdale	OR	97060	20000	X
3	Noelle Wolcott	1075 W Historic Columbia River Hwy	Troutdale	OR	97060	6120	X

All Oth Prog Rltd Investments Sch AllOthProgRltdInvestmentsSch

All Oth Prog Rltd Investments AllOthProgRltdInvestments

Field	Value	IRS element (for citing)
Description	Not Applicable	Description

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corp Stock InvestmentsCorpStock

Field	Value	IRS element (for citing)
Name Of Stock	Ensequence Stock	NameOfStock
EOY Book Value	2585862	EOYBookValue
EOYFMV	201278	EOYFMV

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFees

Field	Value	IRS element (for citing)
Category	Legal Fees Registered Agent	Category
Amount	$172	Amount
Disbursements Charitable Prps	172	DisbursementsCharitablePrps

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses

Field	Value	IRS element (for citing)
Description	Bank Fees	Description
Revenue And Expenses Per Books	342	RevenueAndExpensesPerBooks
Net Investment Income	30	NetInvestmentIncome
Disbursements Charitable Prps	312	DisbursementsCharitablePrps

Taxes Schedule TaxesSchedule

Taxes Taxes (2 entries)

CategoryCategory	AmountAmount	Net Investment IncomeNetInvestmentIncome
CT-12 Taxes	$340	340
Section 4940 Taxes	$2	2

LIVING WATER FOUNDATION: 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

Capital Gains And Losses CapitalGainsAndLosses

Capital Gains And Losses Info CapitalGainsAndLossesInfo

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

Statements Regarding Activities StatementsRegardingActivities

Books In Care Of Business Name BooksInCareOfBusinessName

Books In Care Of US Address BooksInCareOfUSAddress

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (3 entries)

Minimum Investment Return MinimumInvestmentReturn

Distributable DistributableAmount

Qualifying Distributions QualifyingDistributions

Undistributed Income UndistributedIncome

Supplementary Information SupplementaryInformation

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (3 entries)

Analysis Income Producing Acty AnalysisIncomeProducingActy

Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst

Subtotals Part XVIA SubtotalsPartXVIA

Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo (3 entries)

All Oth Prog Rltd Investments Sch AllOthProgRltdInvestmentsSch

All Oth Prog Rltd Investments AllOthProgRltdInvestments

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corp Stock InvestmentsCorpStock

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFees

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses

Taxes Schedule TaxesSchedule

Taxes Taxes (2 entries)

Comments