YOUNG FAMILY FOUNDATION: Form 990PF, tax year 2011

View the entire original 990 at ProPublica ↗

Organization: YOUNG FAMILY FOUNDATION (EIN 20-4796402)
Tax period: 2011-01-01 to 2011-12-31
Filed: 2012-05-15
IRS object ID: 201231369349100143
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
Compensation Explanation
Gain Loss Sale Other Assets Sch
Investments Other Schedule2
Other Decreases Schedule
Other Expenses Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2012-05-15T09:27:39-05:00	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	ANGLINREICHMANNSNELLGROVE&ARMSTRONGPC	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	305 QUALITY CIRCLE	AddressLine1
City	HUNTSVILLE	City
State	AL	State
ZIP Code	358065539	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	204796402	EIN

Name Name

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

Field	Value	IRS element (for citing)
Name Control	YOUN	NameControl
Phone	2565331040	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	11 ROUND HILL ROAD SE	AddressLine1
City	HUNTSVILLE	City
State	AL	State
ZIP Code	35801	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	JAMES YOUNG	Name
Title	TREASURER	Title
Phone	2565331040	Phone
Date Signed	2012-05-10	DateSigned

Preparer Preparer

Field	Value	IRS element (for citing)
Name	JAY A REICHMANN CPA	Name
Phone	2565331040	Phone
Date Prepared	2012-05-11	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	720747	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	3488	DividendsRevAndExpnss
Dividends Net Invst Incm	3488	DividendsNetInvstIncm
Dividends Adj Net Incm	3488	DividendsAdjNetIncm
Net Gain Sale Assets Rev And Expnss	78263	NetGainSaleAssetsRevAndExpnss
Gross Sales Price	743648	GrossSalesPrice
Total Revenue And Expenses	81751	TotalRevenueAndExpenses
Total Net Investment Income	3488	TotalNetInvestmentIncome
Total Adjusted Net Income	3488	TotalAdjustedNetIncome
Accounting Fees Rev And Expnss	790	AccountingFeesRevAndExpnss
Taxes Rev And Expnss	201	TaxesRevAndExpnss
Taxes Net Invst Incm	8	TaxesNetInvstIncm
Other Expenses Rev And Expnss	1228	OtherExpensesRevAndExpnss
Other Expenses Net Invst Incm	1228	OtherExpensesNetInvstIncm
Tot Opr Expenses Rev And Expnss	2219	TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm	1236	TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps	0	TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss	28192	ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps	28192	ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss	30411	TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm	1236	TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps	28192	TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses	51340	ExcessOfRevenueOverExpenses
Net Investment Income	2252	NetInvestmentIncome
Adjusted Net Income	3488	AdjustedNetIncome

Balance Sheets BalanceSheets

Field	Value	IRS element (for citing)
Investments Other BOY	706404	InvestmentsOtherBOY
Investments Other EOY	720747	InvestmentsOtherEOY
Investments Other EOYFMV	720747	InvestmentsOtherEOYFMV
Total Assets BOY	706404	TotalAssetsBOY
Total Assets EOY	720747	TotalAssetsEOY
Total Assets EOYFMV	720747	TotalAssetsEOYFMV
Total Liabilities EOY	0	TotalLiabilitiesEOY
Org That Follow SFAS117	X	OrgThatFollowSFAS117
Unrestricted BOY	706404	UnrestrictedBOY
Unrestricted EOY	720747	UnrestrictedEOY
Total Net Assets BOY	706404	TotalNetAssetsBOY
Total Net Assets EOY	720747	TotalNetAssetsEOY
Total Liabilities Net Assets BOY	706404	TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY	720747	TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

Field	Value	IRS element (for citing)
Total Net Assets Fund Balances BOY	706404	TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses	51340	ExcessOfRevenueOverExpenses
Subtotal	757744	Subtotal
Other Decreases	36997	OtherDecreases
Total Net Assets Fund Balances EOY	720747	TotalNetAssetsFundBalancesEOY

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

Field	Value	IRS element (for citing)
Liable For4942 Tax	false	LiableFor4942Tax
Qualifying Distributions Year1	20807	QualifyingDistributionsYear1
Noncharitable Assets Year1	667071	NoncharitableAssetsYear1
Distribution Ratio Year1	0.031192	DistributionRatioYear1
Qualifying Distributions Year2	20944	QualifyingDistributionsYear2
Noncharitable Assets Year2	664733	NoncharitableAssetsYear2
Distribution Ratio Year2	0.031507	DistributionRatioYear2
Qualifying Distributions Year3	20147	QualifyingDistributionsYear3
Noncharitable Assets Year3	823729	NoncharitableAssetsYear3
Distribution Ratio Year3	0.024458	DistributionRatioYear3
Noncharitable Assets Year4	26986	NoncharitableAssetsYear4
Total Distribution Ratio	0.087157	TotalDistributionRatio
Average Distribution Ratio	0.029052	AverageDistributionRatio
Net Noncharitable Assets	783505	NetNoncharitableAssets
Adjusted Noncharitable Assets	22762	AdjustedNoncharitableAssets
One Percent Net Investment Income	23	OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One	22785	AdjNonchrtblAssetsAndOnePct
Qualifying Distributions	28192	QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

Field	Value	IRS element (for citing)
Domestic Org Meeting Sect4940e	X	DomesticOrgMeetingSect4940e
Investment Income Excise Tax	23	InvestmentIncomeExciseTax
Subtotal	23	Subtotal
Tax Based On Investment Income	23	TaxBasedOnInvestmentIncome
Tax Due	23	TaxDue
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	true	ComplyWithPublicInspectionRqr
Website Address	N/A	WebsiteAddress
Books In Care Of Person Name	JAMES YOUNG	BooksInCareOfPersonName
Books In Care Of Phone Number	2565039239	BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

Field	Value	IRS element (for citing)
Address Line1	11 ROUND HILL ROAD SE	AddressLine1
City	HUNTSVILLE	City
State	AL	State
ZIP Code	35801	ZIPCode

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
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

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
JACQUELINE B YOUNG
11 ROUND HILL ROAD SE	HUNTSVILLE	AL	35801	PRESIDENT	0.40	0	0	0
SCOTT YOUNG
11 ROUND HILL ROAD SE	HUNTSVILLE	AL	35801	V-PRESIDENT	0.40	0	0	0
MARY YOUNG
11 ROUND HILL ROAD SE	HUNTSVILLE	AL	35801	SECRETARY	0.40	0	0	0
JAMES YOUNG
11 ROUND HILL ROAD SE	HUNTSVILLE	AL	35801	TREASURER	0.40	0	0	0

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

Sum Of Program Related Investments SumOfProgramRelatedInvestments

Field	Value	IRS element (for citing)
Description1	N/A	Description1

Minimum Investment Return MinimumInvestmentReturn

Field	Value	IRS element (for citing)
Avg Monthly FMV Of Securities	426680	AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances	368757	AvgMonthlyCashBalances
FMV All Other Noncharitable Assets	0	FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets	795437	TotalFMVOfUnusedAssets
Adj Total FMV Of Unused Assets	795437	AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable	11932	CashDeemedCharitable
Net Noncharitable Assets	783505	NetNoncharitableAssets
Minimum Investment Return	39175	MinimumInvestmentReturn

Distributable DistributableAmount

Field	Value	IRS element (for citing)
Minimum Investment Return	39175	MinimumInvestmentReturn
Tax Based On Investment Income	23	TaxBasedOnInvestmentIncome
Total Tax	23	TotalTax
Distributable Amount Before Adj	39152	DistributableAmountBeforeAdj
Distributable Amount Before Ded	39152	DistributableAmountBeforeDed
Distributable Amount As Adjusted	39152	DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

Field	Value	IRS element (for citing)
Expenses And Contributions	28192	ExpensesAndContributions
Qualifying Distributions	28192	QualifyingDistributions
One Pct Sect4940e Org Net Invst Incm	23	OnePctSect4940eOrgNetInvstIncm
Adj Qualifying Distributions	28169	AdjQualifyingDistributions

Undistributed Income UndistributedIncome

Field	Value	IRS element (for citing)
Distributable Amount As Adjusted	39152	DistributableAmountAsAdjusted
Undistributed Income Prior Year	8667	UndistributedIncomePriorYear
Qualifying Distributions	28192	QualifyingDistributions
Applied To Year1	8667	AppliedToYear1
Applied To Current Year	19525	AppliedToCurrentYear
Undistributed Income CY	19627	UndistributedIncomeCY

Supplementary Information SupplementaryInformation

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

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (4 entries)

Address Line1RecipientUSAddress/AddressLine1	CityRecipientUSAddress/City	StateRecipientUSAddress/State	ZIP CodeRecipientUSAddress/ZIPCode	Recipient RelationshipRecipientRelationship	Recipient Foundation StatusRecipientFoundationStatus	Purpose Of Grant Or ContributionPurposeOfGrantOrContribution	AmountAmount
AMNESTY INTERNATIONAL
5 PENN PLAZA	NEW YORK	NY	10001	N/A	501(C)(3)	SUPPORTING HUMAN RIGHTS	$3,596
DOCTORS WITHOUT BORDERS
333 7TH AVE 2ND FLOOR	NEW YORK	NY	100015004	N/A	501(C)(3)	PROVIDES MEDICAL SUPPORT	$3,596
COMMUNITY HEALTH CLINIC OLE
1141 PEAR TREE LN STE 260	NAPA	CA	94558	N/A	501(C)(3)	PROVIDES MEDICAL SUPPORT	$11,000
COMMUNITY ACTION NAPA VALLEY
2310 LAUREL ST SUITE 1	NAPA	CA	94559	N/A	501(C)(3)	COMMUNITY SUPPORT	$10,000

Field	Value	IRS element (for citing)
Tot Grant Or Contri Paid During Year	28192	TotGrantOrContriPaidDuringYear

Analysis Income Producing Acty AnalysisIncomeProducingActy

Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII

Field	Value	IRS element (for citing)
Related Or Exempt Function Income	3488	RelatedOrExemptFunctionIncome

Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry

Field	Value	IRS element (for citing)
Related Or Exempt Function Income	78263	RelatedOrExemptFunctionIncome

Subtotals Part XVIA SubtotalsPartXVIA

Field	Value	IRS element (for citing)
Related Or Exempt Function Income	81751	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Total Part XVIA	81751	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	INDIRECT ACCOUNTING FEES	Category
Amount	$790	Amount

Compensation Explanation CompensationExplanation

Compensation Compensation (4 entries)

JACQUELINE B YOUNG
SCOTT YOUNG
MARY YOUNG
JAMES YOUNG

Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch

Gain Loss Sale Other Asset GainLossSaleOtherAsset (9 entries)

NameName	Date AcquiredDateAcquired	How AcquiredHowAcquired	Date SoldDateSold	Gross Sales PriceGrossSalesPrice	BasisBasis	Total NetTotalNet
CAPITAL CORE BOND FD	2010-09	PURCHASE	2011-01	492	507	-15
CAPITAL CORE BOND FD	2010-09	PURCHASE	2011-05	195129	199790	-4661
CAPITAL WORLD BOND FD CL F2	2010-09	PURCHASE	2011-05	5317	5073	244
EUROPACIFIC GRWTH FD CL F2	2010-12	PURCHASE	2011-05	3181	2945	236
FUNDAMENTAL INV CL F2	2010-12	PURCHASE	2011-05	3816	3333	483
CAPITAL WORLD BOND FD CL F2	2010-03	PURCHASE	2011-05	144937	137624	7313
EUROPACIFIC GRWTH FD CL F2	2010-03	PURCHASE	2011-05	191101	158500	32601
FUNDAMENTAL INV CL F2	2010-03	PURCHASE	2011-04	550	457	93
FUNDAMENTAL INV CL F2	2010-03	PURCHASE	2011-05	199125	157156	41969

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOther (2 entries)

Category Or ItemCategoryOrItem	Listed At Cost Or FMVListedAtCostOrFMV	Book ValueBookValue	EOYFMVEOYFMV
CAPITAL GUARDIAN	FMV
VANGUARD PRIME MONEY MARKET	AT COST	720747	720747

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases OtherDecreases

Field	Value	IRS element (for citing)
Description	UNREALIZED LOSS	Description
Amount	$36,997	Amount

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses (2 entries)

DescriptionDescription	Revenue And Expenses Per BooksRevenueAndExpensesPerBooks	Net Investment IncomeNetInvestmentIncome
EXPENSES
CAPITAL GUARDIAN FEES	1228	1228

Taxes Schedule TaxesSchedule

Taxes Taxes (2 entries)

CategoryCategory	AmountAmount	Net Investment IncomeNetInvestmentIncome
TAX ON INVESTMENT INCOME	$193
FOREIGN TAXES PAID	$8	8

YOUNG FAMILY 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

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 (4 entries)

Sum Of Program Related Investments SumOfProgramRelatedInvestments

Minimum Investment Return MinimumInvestmentReturn

Distributable DistributableAmount

Qualifying Distributions QualifyingDistributions

Undistributed Income UndistributedIncome

Supplementary Information SupplementaryInformation

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (4 entries)

Analysis Income Producing Acty AnalysisIncomeProducingActy

Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII

Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry

Subtotals Part XVIA SubtotalsPartXVIA

Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees AccountingFees

Compensation Explanation CompensationExplanation

Compensation Compensation (4 entries)

Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch

Gain Loss Sale Other Asset GainLossSaleOtherAsset (9 entries)

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOther (2 entries)

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases OtherDecreases

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses (2 entries)

Taxes Schedule TaxesSchedule

Taxes Taxes (2 entries)

Comments