HANS & CAY JACOBSEN CHARITABLE FOUN DATION INC: Form 990PF, tax year 2011

View the entire original 990 at ProPublica ↗

Organization
HANS & CAY JACOBSEN CHARITABLE FOUN DATION INC (EIN 59-3010451)
Tax period
2011-06-01 to 2012-05-31
Filed
2012-09-11
IRS object ID
201232559349100708
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 ReturnHeader

FieldValueIRS element (for citing)
Timestamp2012-09-11T16:33:48-05:00Timestamp
Tax Period End Date2012-05-31TaxPeriodEndDate

Preparer Firm PreparerFirm

FieldValueIRS element (for citing)
EIN204193611EIN

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1Batts Morrison Wales & Lee PABusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line1801 North Orange Avenue Suite 800AddressLine1
CityOrlandoCity
StateFLState
ZIP Code32801ZIPCode
FieldValueIRS element (for citing)
Return Type990PFReturnType
Tax Period Begin Date2011-06-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN593010451EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1Hans and Cay Jacobsen Charitable Foundation IncBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlHANSNameControl
Phone4078106672Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO Box 2149AddressLine1
CityWinter ParkCity
StateFLState
ZIP Code32790ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameTeresa W BorcheckName
TitlePresidentTitle
Phone4078106672Phone
Date Signed2012-09-04DateSigned

Preparer Preparer

FieldValueIRS element (for citing)
NameMichele M WalesName
PTINP00428093PTIN
Phone4077706000Phone
Date Prepared2012-09-04DatePrepared
FieldValueIRS element (for citing)
Tax Year2011TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Exempt PFXExemptPF
FMV Assets EOY5078873FMVAssetsEOY
Method Of Accounting CashXMethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Not Required To Attach Schedule BXNotRequiredToAttachScheduleB
Dividends Rev And Expnss112340DividendsRevAndExpnss
Dividends Net Invst Incm112340DividendsNetInvstIncm
Net Gain Sale Assets Rev And Expnss390173NetGainSaleAssetsRevAndExpnss
Gross Sales Price8744985GrossSalesPrice
Capital Gain Net Incm Net Invst Incm390173CapitalGainNetIncmNetInvstIncm
Other Income Rev And Expnss26OtherIncomeRevAndExpnss
Other Income Net Invst Incm26OtherIncomeNetInvstIncm
Total Revenue And Expenses502539TotalRevenueAndExpenses
Total Net Investment Income502539TotalNetInvestmentIncome
Comp Ofcr Dir Trst Rev And Expnss28000CompOfcrDirTrstRevAndExpnss
Comp Ofcr Dir Trst Net Invst Incm7000CompOfcrDirTrstNetInvstIncm
Comp Ofcr Dir Trst Dsbrs Chrtbl Prps21000CompOfcrDirTrstDsbrsChrtblPrps
Accounting Fees Rev And Expnss12415AccountingFeesRevAndExpnss
Accounting Fees Net Invst Incm12415AccountingFeesNetInvstIncm
Accounting Fees Dsbrs Chrtbl Prps0AccountingFeesDsbrsChrtblPrps
Other Prof Fees Rev And Expnss28889OtherProfFeesRevAndExpnss
Other Prof Fees Net Invst Incm14445OtherProfFeesNetInvstIncm
Other Prof Fees Dsbrs Chrtbl Prps14444OtherProfFeesDsbrsChrtblPrps
Taxes Rev And Expnss11667TaxesRevAndExpnss
Taxes Net Invst Incm0TaxesNetInvstIncm
Taxes Dsbrs Chrtbl Prps0TaxesDsbrsChrtblPrps
Trav Conf Meeting Rev And Expnss4970TravConfMeetingRevAndExpnss
Trav Conf Meeting Net Invst Incm4970TravConfMeetingNetInvstIncm
Trav Conf Meeting Dsbrs Chrtbl Prps0TravConfMeetingDsbrsChrtblPrps
Other Expenses Rev And Expnss2941OtherExpensesRevAndExpnss
Other Expenses Net Invst Incm2941OtherExpensesNetInvstIncm
Other Expenses Dsbrs Chrtbl Prps0OtherExpensesDsbrsChrtblPrps
Tot Opr Expenses Rev And Expnss88882TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm41771TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps35444TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss185735ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps185735ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss274617TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm41771TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps221179TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses227922ExcessOfRevenueOverExpenses
Net Investment Income460768NetInvestmentIncome

Balance Sheets BalanceSheets

FieldValueIRS element (for citing)
Cash BOY1322CashBOY
Cash EOY5905CashEOY
Cash EOYFMV5905CashEOYFMV
Savings And Temp Cash Invst BOY-10124SavingsAndTempCashInvstBOY
Savings And Temp Cash Invst EOY0SavingsAndTempCashInvstEOY
Savings And Temp Cash Invst EOYFMV0SavingsAndTempCashInvstEOYFMV
Investments Corp Stock BOY2602006InvestmentsCorpStockBOY
Investments Corp Stock EOY3414063InvestmentsCorpStockEOY
Investments Corp Stock EOYFMV3651771InvestmentsCorpStockEOYFMV
Investments Corp Bonds BOY2000952InvestmentsCorpBondsBOY
Investments Corp Bonds EOY1402110InvestmentsCorpBondsEOY
Investments Corp Bonds EOYFMV1421197InvestmentsCorpBondsEOYFMV
Total Assets BOY4594156TotalAssetsBOY
Total Assets EOY4822078TotalAssetsEOY
Total Assets EOYFMV5078873TotalAssetsEOYFMV
Total Liabilities BOY0TotalLiabilitiesBOY
Total Liabilities EOY0TotalLiabilitiesEOY
Org That Follow SFAS117XOrgThatFollowSFAS117
Unrestricted BOY4594156UnrestrictedBOY
Unrestricted EOY4822078UnrestrictedEOY
Total Net Assets BOY4594156TotalNetAssetsBOY
Total Net Assets EOY4822078TotalNetAssetsEOY
Total Liabilities Net Assets BOY4594156TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY4822078TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

FieldValueIRS element (for citing)
Total Net Assets Fund Balances BOY4594156TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses227922ExcessOfRevenueOverExpenses
Other Increases0OtherIncreases
Subtotal4822078Subtotal
Other Decreases0OtherDecreases
Total Net Assets Fund Balances EOY4822078TotalNetAssetsFundBalancesEOY

Capital Gains And Losses CapitalGainsAndLosses

Capital Gains And Losses Info CapitalGainsAndLossesInfo (2 entries)

Description Of AssetDescriptionOfAssetHow AcquiredHowAcquiredGross Sales PriceGrossSalesPriceCost Or Other BasisCostOrOtherBasisGain Or LossGainOrLossGains Minus Excess Or LossesGainsMinusExcessOrLosses
Publicly traded securitiesP87162668354812361454361454
Capital Gains DividendsP287192871928719
FieldValueIRS element (for citing)
Capital Gain Net Income390173CapitalGainNetIncome

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

FieldValueIRS element (for citing)
Liable For4942 Tax0LiableFor4942Tax
Qualifying Distributions Year1226363QualifyingDistributionsYear1
Noncharitable Assets Year14972921NoncharitableAssetsYear1
Distribution Ratio Year10.045519DistributionRatioYear1
Qualifying Distributions Year2283894QualifyingDistributionsYear2
Noncharitable Assets Year24719818NoncharitableAssetsYear2
Distribution Ratio Year20.060149DistributionRatioYear2
Qualifying Distributions Year368969QualifyingDistributionsYear3
Noncharitable Assets Year34536229NoncharitableAssetsYear3
Distribution Ratio Year30.015204DistributionRatioYear3
Qualifying Distributions Year4433742QualifyingDistributionsYear4
Noncharitable Assets Year45901418NoncharitableAssetsYear4
Distribution Ratio Year40.073498DistributionRatioYear4
Qualifying Distributions Year5384094QualifyingDistributionsYear5
Noncharitable Assets Year55970095NoncharitableAssetsYear5
Distribution Ratio Year50.064336DistributionRatioYear5
Total Distribution Ratio0.258706TotalDistributionRatio
Average Distribution Ratio0.051741AverageDistributionRatio
Net Noncharitable Assets5121082NetNoncharitableAssets
Adjusted Noncharitable Assets264970AdjustedNoncharitableAssets
One Percent Net Investment Income4608OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One269578AdjNonchrtblAssetsAndOnePct
Qualifying Distributions221179QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

FieldValueIRS element (for citing)
Investment Income Excise Tax9215InvestmentIncomeExciseTax
Tax Under Section5110TaxUnderSection511
Subtotal9215Subtotal
Subtitle A Tax0SubtitleATax
Tax Based On Investment Income9215TaxBasedOnInvestmentIncome
Est Tax Payments And Overpayment7300EstTaxPaymentsAndOverpayment
Total Credits And Payments7300TotalCreditsAndPayments
Tax Due1915TaxDue

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 WithFLStatesFiledWith
Form990 PF Filed With AG1Form990PFFiledWithAG
Private Operating Foundation0PrivateOperatingFoundation
New Substantial Contributors0NewSubstantialContributors
Interest In Controlled Entity0InterestInControlledEntity
Applicable Insurance Contract0ApplicableInsuranceContract
Comply With Public Inspection Rqr1ComplyWithPublicInspectionRqr
Website Addresswww.hansandcayjacobsenfoundation.orgWebsiteAddress
Books In Care Of Person NameCapital City Trust CompanyBooksInCareOfPersonName
Books In Care Of Phone Number8668209671BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

FieldValueIRS element (for citing)
Address Line1PO Box 1549AddressLine1
CityTallahasseeCity
StateFLState
ZIP Code323021549ZIPCode
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 Person1PayCompensationToDsqflyPerson
Transfer Assets To Dsqfly Person0TransferAssetsToDsqflyPerson
Payment To Government Offical0PaymentToGovernmentOffical
Acts Fail To Qualify As Exceptions0ActsFailToQualifyAsExceptions
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 (4 entries)

Address Line1USAddress/AddressLine1CityUSAddress/CityStateUSAddress/StateZIP CodeUSAddress/ZIPCodeTitleTitleAvg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPositionCompensationCompensationContri To Empl Benefit Plans EtcContriToEmplBenefitPlansEtcExpense Account Other AllowancesExpenseAccountOtherAllowances
Teresa W Borcheck
PO Box 2149Winter ParkFL32790President10.001000000
W Thomas Brooks
PO Box 2149Winter ParkFL32790Vice President2.00600000
Shannon Carlyle
PO Box 2149Winter ParkFL32790Secretary2.00600000
Brian Brooks
PO Box 2149Winter ParkFL32790Treasurer2.00600000
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 Securities5196717AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances2351AvgMonthlyCashBalances
FMV All Other Noncharitable Assets0FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets5199068TotalFMVOfUnusedAssets
Reduction Claimed0ReductionClaimed
Acquisition Indebtedness0AcquisitionIndebtedness
Adj Total FMV Of Unused Assets5199068AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable77986CashDeemedCharitable
Net Noncharitable Assets5121082NetNoncharitableAssets
Minimum Investment Return256054MinimumInvestmentReturn

Distributable DistributableAmount

FieldValueIRS element (for citing)
Minimum Investment Return256054MinimumInvestmentReturn
Tax Based On Investment Income9215TaxBasedOnInvestmentIncome
Total Tax9215TotalTax
Distributable Amount Before Adj246839DistributableAmountBeforeAdj
Recoveries Qlfy Distributions0RecoveriesQlfyDistributions
Distributable Amount Before Ded246839DistributableAmountBeforeDed
Deduction Fr Distributable$0DeductionFrDistributableAmount
Distributable Amount As Adjusted246839DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

FieldValueIRS element (for citing)
Expenses And Contributions221179ExpensesAndContributions
Program Related Investments Total0ProgramRelatedInvestmentsTotal
Qualifying Distributions221179QualifyingDistributions
One Pct Sect4940e Org Net Invst Incm0OnePctSect4940eOrgNetInvstIncm
Adj Qualifying Distributions221179AdjQualifyingDistributions

Undistributed Income UndistributedIncome

FieldValueIRS element (for citing)
Distributable Amount As Adjusted246839DistributableAmountAsAdjusted
Undistributed Income Prior Year0UndistributedIncomePriorYear
Total For Prior Years0TotalForPriorYears
Excess Distri Carryover Year25274ExcessDistriCarryoverYear2
Total Excess Distri Carryover5274TotalExcessDistriCarryover
Qualifying Distributions221179QualifyingDistributions
Applied To Year10AppliedToYear1
Applied To Prior Years0AppliedToPriorYears
Treated As Distri From Corpus0TreatedAsDistriFromCorpus
Applied To Current Year221179AppliedToCurrentYear
Remaining Distri From Corpus0RemainingDistriFromCorpus
Excess Distri Cyov App CY Corpus5274ExcessDistriCyovAppCYCorpus
Excess Distri Cyov Applied CY5274ExcessDistriCyovAppliedCY
Total Corpus0TotalCorpus
Prior Year Undistributed Income0PriorYearUndistributedIncome
Prior Year Deficiency Or Tax0PriorYearDeficiencyOrTax
Taxable Amount10TaxableAmount1
Taxable Amount20TaxableAmount2
Undistributed Income CY20386UndistributedIncomeCY
Distri From Corpus170b1 E Or4942g30DistriFromCorpus170b1EOr4942g3
Excess Distri Cyov From Year50ExcessDistriCyovFromYear5
Excess Distri Cyov To Next Year0ExcessDistriCyovToNextYear

Supplementary Information SupplementaryInformation

Appication Submission Info AppicationSubmissionInfo

FieldValueIRS element (for citing)
Recipient NameTeresa Borcheck PresidentRecipientName

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1Post Office Box 2149AddressLine1
CityWinter ParkCity
StateFLState
ZIP Code32790ZIPCode
FieldValueIRS element (for citing)
Recipient Phone Number4078106672RecipientPhoneNumber
Form And Info And MaterialsContact the Foundation directly or visit the Foundation's website at www.hansandcayjacobsenfoundation.org for information regarding form and content of applications.FormAndInfoAndMaterials
Submission DeadlinesRequests are to be received no later than May 1 and November 1 of each year for consideration at theSubmissionDeadlines
Restrictions On AwardsGrants are generally restricted to programs which assist children and young adults, in the areas of health, education, culture, recreation, and any other programs that will add to the betterment of their life and their participation as good citizens. Grants are generally restricted to programs conducted in Lake and Sumter County, Florida.RestrictionsOnAwards

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (15 entries)

Address Line1RecipientUSAddress/AddressLine1CityRecipientUSAddress/CityStateRecipientUSAddress/StateZIP CodeRecipientUSAddress/ZIPCodeRecipient RelationshipRecipientRelationshipRecipient Foundation StatusRecipientFoundationStatusPurpose Of Grant Or ContributionPurposeOfGrantOrContributionAmountAmount
Association of Small Foundations
1720 North Street NWWashingtonDC20036NoneExempt Org.Operating support$500
Boys & Girls Clubs of Lake & Sumter Counties Inc
400 Executive BoulevardLeesburgFL34748NoneExempt Org.Project Learn$40,000
The Boggy Creek Gang Inc
30500 Brantley Branch RoadEustisFL32736NoneExempt Org.Theraputic camp programs & operating support$10,000
Christian Care Center Inc
115 N 13th StreetLeesburgFL34748NoneExempt Org.Summer Boys & Girls Club Scholarships for residents of Children's Shelter$5,000
Christian Home and Bible School
301 W 13th AvenueMount DoraFL32757NoneExempt Org.Scholarships to fund extracurricular activities for residents of Children's Home$20,000
Early Learning Coalition of Lake County
1300 Citizens Boulevard Suite 206LeesburgFL34748NoneExempt Org.Operating support$5,000
Educational Foundation of Lake County Inc
201 West Burleigh BoulevardTavaresFL32778NoneExempt Org.Teachers Bright Ideas Program$10,000
Lifestream Behavioral Center Inc
PO Box 491000LeesburgFL34749NoneExempt Org.Anthony House Restoration$10,000
Haven of Lake and Sumter Counties Inc
2600 South StreetLeesburgFL34748NoneExempt Org.SAVE Kids Program$20,000
Lake Sumter Children's Advocacy Center Inc
300 South Canal StreetLeesburgFL34748NoneExempt Org.Operating support$15,000
Leesburg High School
10935 SE 177th PlaceSummerfieldFL34491NoneExempt Org.Athletic and band program support$9,735
Southern Scholarship Foundation Inc
322 Stadium DrTallahasseeFL32304NoneExempt Org.Rent free housing & scholarships$6,000
Special Olympics Florida Inc
1915 Don Wickham DrClermontFL34711NoneExempt Org.Athlete healthcare & operating support$15,000
Sumter County Youth Center
PO Box 2092BushnellFL33513NoneExempt Org.Basketball program$7,000
University of Central Florida Foundation Inc
12424 Research ParkwayOrlandoFL32826NoneExempt Org.Partnership with Lake Sumter Community College - funding scholarships for the inaugural BSN program on LSCC Campus$12,500
FieldValueIRS element (for citing)
Tot Grant Or Contri Paid During Year185735TotGrantOrContriPaidDuringYear

Grant Or Contri Approved For Future GrantOrContriApprovedForFuture

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1Leesburg High SchoolBusinessNameLine1

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line110935 SE 177th PlaceAddressLine1
CitySummerfieldCity
StateFLState
ZIP Code34491ZIPCode
FieldValueIRS element (for citing)
Recipient RelationshipNoneRecipientRelationship
Recipient Foundation StatusExempt Org.RecipientFoundationStatus
Purpose Of Grant Or ContributionProject GraduationPurposeOfGrantOrContribution
Amount$1,500Amount
FieldValueIRS element (for citing)
Tot Grant Or Contri Approved Future1500TotGrantOrContriApprovedFuture

Analysis Income Producing Acty AnalysisIncomeProducingActy

Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII

FieldValueIRS element (for citing)
Exclusion Code14ExclusionCode
Exclusion$112,340ExclusionAmount

Other Investment Income Part VII OtherInvestmentIncomePartVII

FieldValueIRS element (for citing)
Exclusion Code14ExclusionCode
Exclusion$26ExclusionAmount

Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry

FieldValueIRS element (for citing)
Exclusion Code14ExclusionCode
Exclusion$390,173ExclusionAmount

Subtotals Part XVIA SubtotalsPartXVIA

FieldValueIRS element (for citing)
Unrelated Business Income$0UnrelatedBusinessIncomeAmount
Exclusion$502,539ExclusionAmount
Related Or Exempt Function Income0RelatedOrExemptFunctionIncome
FieldValueIRS element (for citing)
Total Part XVIA502539TotalPartXVIA

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

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees AccountingFees

FieldValueIRS element (for citing)
CategoryAccounting and tax advisory servicesCategory
Amount$12,415Amount
Net Investment Income12415NetInvestmentIncome
Disbursements Charitable Prps0DisbursementsCharitablePrps

General Explanation Attachment GeneralExplanationAttachment

General Explanation GeneralExplanation

FieldValueIRS element (for citing)
ExplanationForm 990-PF, Part XIII, Line 3d:The Foundation awarded $25,000 to the University of Central Florida Foundation during the year ended 5/31/2008. The grant was reported as a qualifying distribution on the Foundation's 2007 Form 990-PF. Although a check was cut by the Foundation for this grant, the check was not disbursed by the Foundation until such time as certain requirements were met by the grantee. Since such requirements were never met,the disbursement was cancelled in the subsequent year. The Foundation recently discovered that the reversal of the grant payment was inadvertently reported as "other revenue" in the Foundation's financial statements and Form 990-PF for the year ended 5/31/2009, rather than as a recovery of previously granted funds, thereby overstating the Foundation's excess distribution carryover for the years ended 5/31/2009 and 5/31/2010. Given that the Foundation has met its minimum distribution requirement in each subsequent year without taking into account the carryover generated from the recovered grant, the Foundation has merely reduced the qualifying distribution carryover available on the 2011 Form 990-PF by $25,000 to properly account for the reversal of this grant.Explanation

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corp Bonds InvestmentsCorpBonds (4 entries)

Name Of BondNameOfBondEOY Book ValueEOYBookValueEOYFMVEOYFMV
iShares Barclays Aggregate302359306790
iShares Barclays 1-3 YR CRED500176502944
Pimco FDS PAC INVT MGMT SER Low Duration429575433988
Vanguard Inflat Protected-IV170000177475

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corp Stock InvestmentsCorpStock (55 entries)

Name Of StockNameOfStockEOY Book ValueEOYBookValueEOYFMVEOYFMV
Legg Mason Global Tr Inc11068386435
MFS Ser Tr I Research Intl Fd Instl Cl233141261621
Pimco Fds Pac Invt Mgmt Ser Invt Grade Corp Bd Fd Instl Cl308055315616
Templeton Income TR Global Bd Fd Advisor Cl230129208964
Allstate Corp2878039031
American Elec Pwr Inc2201322336
Apache Corp Com5883152490
Apple Inc75019109769
Artisan International5000052552
AT&T Inc3055436562
BB&T Corp Com3945753641
CF Industries Holdings Inc3191733337
Cognizant Technology Sol Cl A4286937863
Colgate Palmolive Co Com4063344235
ConocoPhillips Com4712747987
CVS/Caremark Corp4582857523
Danaher Corp Del Com5301261065
Dodge & Cox Int'l Stock Fund5000047556
Exxon Mobil Corp6456568408
Federated Investors Income Class B3888942993
Fiserv Inc Com4217253270
Freeport-McMoran Copper & Gold Inc Cl B4059534122
General Dynamics Corp Com2782029765
International Business Machs Com5900365586
iShares Russel 1000 Index124620145580
JP Morgan Chase & Co4454245250
Johnson & Johnson3584134961
Kohls Corp Com3645835281
Laboratory Corp Amer Hldgs4514945388
McDonalds Corp4451944670
McKesson Corp5072457168
Metlife Inc4243740602
Microsoft Corp3950444223
National Oilwell Varco6202967751
Nextera Energy Inc2216926463
Oppenheimer Main Str Small Cap Class Y6000072159
Oracle Corp Common5576349763
Phillips 661381613814
Procter & Gamble Co Com4364242980
Public Svc Enterprise Group Com2235920585
Qualcomm Inc5042355591
Roper Industries Inc3814352128
Royce Fd Premier Instl220000209450
Scripps Networks Interactive3943552853
Standard & Poors Unit Ser 1112070131470
Target Corp3794842274
Thermo Fisher Scientific Inc Com4389043413
Travelers Cos Inc4564056241
Union Pac Corp5210165169
United Technologies Corp3984840019
US Bancorp Del Com New4436557242
Verizon Communications3052634978
VP Corporation4640651479
Walmart Stores Inc Com4203451998
Watson Pharmaceuticals Inc5657058101

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses (3 entries)

DescriptionDescriptionRevenue And Expenses Per BooksRevenueAndExpensesPerBooksNet Investment IncomeNetInvestmentIncomeDisbursements Charitable PrpsDisbursementsCharitablePrps
Insurance126812680
Dues & subscriptions133113310
Miscellaneous3423420

Other Income Schedule2 OtherIncomeSchedule2

Other Income OtherIncome

FieldValueIRS element (for citing)
DescriptionMiscellaneousDescription
Revenue And Expenses Per Books26RevenueAndExpensesPerBooks
Net Investment Income26NetInvestmentIncome
Adjusted Net Income26AdjustedNetIncome

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees OtherProfessionalFees

FieldValueIRS element (for citing)
CategoryTrustee & executor feesCategory
Amount$28,889Amount
Net Investment Income14445NetInvestmentIncome
Disbursements Charitable Prps14444DisbursementsCharitablePrps

Taxes Schedule TaxesSchedule

Taxes Taxes

FieldValueIRS element (for citing)
CategoryEstimated Federal TaxesCategory
Amount$11,667Amount
Net Investment Income0NetInvestmentIncome
Disbursements Charitable Prps0DisbursementsCharitablePrps

Comments

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