JEFF AND BONNIE WHITMAN CHARITABLE FOUNDATION: Form 990PF, tax year 2011

View the entire original 990 at ProPublica ↗

Organization
JEFF AND BONNIE WHITMAN CHARITABLE FOUNDATION (EIN 75-2823240)
Tax period
2011-01-01 to 2011-12-31
Filed
2012-11-13
IRS object ID
201233189349100743
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)
Timestamp2012-11-13T15:11:38-06:00Timestamp
Tax Period End Date2011-12-31TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1ROSS KERBY & ASSOCIATES INC PCBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 1040AddressLine1
CityMC KINNEYCity
StateTXState
ZIP Code750701040ZIPCode
FieldValueIRS element (for citing)
Return Type990PFReturnType
Tax Period Begin Date2011-01-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN752823240EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1THE JEFF & BONNIE WHITMANBusinessNameLine1
Business Name Line2CHARITABLE FOUNDATIONBusinessNameLine2
FieldValueIRS element (for citing)
Name ControlJEFFNameControl

US Address USAddress

FieldValueIRS element (for citing)
Address Line111505 HILLCREST RDAddressLine1
CityDALLASCity
StateTXState
ZIP Code75230ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameJEFF WHITMANName
TitlePRESIDENTTitle
Date Signed2012-11-12DateSigned

Preparer Preparer

FieldValueIRS element (for citing)
NameFRANK KERBYName
Phone9725421233Phone
Date Prepared2012-11-13DatePrepared
Self EmployedXSelfEmployed
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 EOY229135FMVAssetsEOY
Method Of Accounting CashXMethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Received Rev And Expnss100000ContriReceivedRevAndExpnss
Dividends Rev And Expnss2116DividendsRevAndExpnss
Dividends Net Invst Incm2116DividendsNetInvstIncm
Dividends Adj Net Incm2116DividendsAdjNetIncm
Net Gain Sale Assets Rev And Expnss346NetGainSaleAssetsRevAndExpnss
Gross Sales Price11058GrossSalesPrice
Capital Gain Net Incm Net Invst Incm346CapitalGainNetIncmNetInvstIncm
Net STCG Adj Net Incm341NetSTCGAdjNetIncm
Other Income Rev And Expnss414OtherIncomeRevAndExpnss
Other Income Net Invst Incm414OtherIncomeNetInvstIncm
Other Income Adj Net Incm414OtherIncomeAdjNetIncm
Total Revenue And Expenses102876TotalRevenueAndExpenses
Total Net Investment Income2876TotalNetInvestmentIncome
Total Adjusted Net Income2871TotalAdjustedNetIncome
Accounting Fees Rev And Expnss1090AccountingFeesRevAndExpnss
Accounting Fees Dsbrs Chrtbl Prps1090AccountingFeesDsbrsChrtblPrps
Other Prof Fees Rev And Expnss150OtherProfFeesRevAndExpnss
Other Prof Fees Dsbrs Chrtbl Prps150OtherProfFeesDsbrsChrtblPrps
Tot Opr Expenses Rev And Expnss1240TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm0TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps1240TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss51000ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps51000ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss52240TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm0TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps52240TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses50636ExcessOfRevenueOverExpenses
Net Investment Income2876NetInvestmentIncome
Adjusted Net Income2871AdjustedNetIncome

Balance Sheets BalanceSheets

FieldValueIRS element (for citing)
Cash BOY12949CashBOY
Cash EOY82609CashEOY
Cash EOYFMV82609CashEOYFMV
Investments Corp Stock BOY118222InvestmentsCorpStockBOY
Investments Corp Stock EOY118784InvestmentsCorpStockEOY
Investments Corp Stock EOYFMV109860InvestmentsCorpStockEOYFMV
Investments Other BOY56252InvestmentsOtherBOY
Investments Other EOY36666InvestmentsOtherEOY
Investments Other EOYFMV36666InvestmentsOtherEOYFMV
Total Assets BOY187423TotalAssetsBOY
Total Assets EOY238059TotalAssetsEOY
Total Assets EOYFMV229135TotalAssetsEOYFMV
Total Liabilities EOY0TotalLiabilitiesEOY
Org That Follow SFAS117XOrgThatFollowSFAS117
Unrestricted BOY187423UnrestrictedBOY
Unrestricted EOY238059UnrestrictedEOY
Total Net Assets BOY187423TotalNetAssetsBOY
Total Net Assets EOY238059TotalNetAssetsEOY
Total Liabilities Net Assets BOY187423TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY238059TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

FieldValueIRS element (for citing)
Total Net Assets Fund Balances BOY187423TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses50636ExcessOfRevenueOverExpenses
Subtotal238059Subtotal
Total Net Assets Fund Balances EOY238059TotalNetAssetsFundBalancesEOY

Capital Gains And Losses CapitalGainsAndLosses

Capital Gains And Losses Info CapitalGainsAndLossesInfo (7 entries)

Description Of AssetDescriptionOfAssetHow AcquiredHowAcquiredDate AcquiredDateAcquiredDate SoldDateSoldGross Sales PriceGrossSalesPriceCost Or Other BasisCostOrOtherBasisGain Or LossGainOrLossGains Minus Excess Or LossesGainsMinusExcessOrLosses
75 VANGUARD EMERGING MKTSP2010-05-192011-02-1134362848588588
6 ISHARESP2011-02-112011-02-17656662-6-6
12 ISHARESP2011-02-112011-03-1613171325-8-8
12 ISHARESP2011-02-112011-06-1413171325-8-8
10 ISHARESP2011-02-172011-08-15538622-84-84
21 ISHARESP2011-06-142011-08-1511311272-141-141
70 VANGUARD EMERGING MKTP2010-05-192011-12-142663265855
FieldValueIRS element (for citing)
Capital Gain Net Income346CapitalGainNetIncome
Net Short Term Capital Gain Or Loss341NetShortTermCapitalGainOrLoss

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

FieldValueIRS element (for citing)
Liable For4942 TaxfalseLiableFor4942Tax
Qualifying Distributions Year132745QualifyingDistributionsYear1
Noncharitable Assets Year1123310NoncharitableAssetsYear1
Distribution Ratio Year10.265550DistributionRatioYear1
Qualifying Distributions Year260063QualifyingDistributionsYear2
Noncharitable Assets Year268834NoncharitableAssetsYear2
Distribution Ratio Year20.872578DistributionRatioYear2
Qualifying Distributions Year342875QualifyingDistributionsYear3
Noncharitable Assets Year3134683NoncharitableAssetsYear3
Distribution Ratio Year30.318340DistributionRatioYear3
Qualifying Distributions Year4103559QualifyingDistributionsYear4
Noncharitable Assets Year4233886NoncharitableAssetsYear4
Distribution Ratio Year40.442776DistributionRatioYear4
Qualifying Distributions Year534515QualifyingDistributionsYear5
Noncharitable Assets Year5196309NoncharitableAssetsYear5
Distribution Ratio Year50.175820DistributionRatioYear5
Total Distribution Ratio2.075064TotalDistributionRatio
Average Distribution Ratio0.415013AverageDistributionRatio
Net Noncharitable Assets243679NetNoncharitableAssets
Adjusted Noncharitable Assets101130AdjustedNoncharitableAssets
One Percent Net Investment Income29OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One101159AdjNonchrtblAssetsAndOnePct
Qualifying Distributions52240QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

FieldValueIRS element (for citing)
Investment Income Excise Tax58InvestmentIncomeExciseTax
Subtotal58Subtotal
Tax Based On Investment Income58TaxBasedOnInvestmentIncome
Est Tax Payments And Overpayment211EstTaxPaymentsAndOverpayment
Total Credits And Payments211TotalCreditsAndPayments
Overpayment153Overpayment
Amount Credited To Next Year153AmountCreditedToNextYear

Statements Regarding Activities StatementsRegardingActivities

FieldValueIRS element (for citing)
Legislative Political ActivitiesfalseLegislativePoliticalActivities
More Than100 SpentfalseMoreThan100Spent
Form1120 POL FiledfalseForm1120POLFiled
Activities Not Prev ReportedfalseActivitiesNotPrevReported
Changes To Articles Or BylawsfalseChangesToArticlesOrBylaws
Unrelated Bus Income Over1000falseUnrelatedBusIncomeOver1000
Termination EtcfalseTerminationEtc
Requirements Of Sect508etrueRequirementsOfSect508e
At Least5000 In AssetstrueAtLeast5000InAssets
Form990 PF Filed With AGtrueForm990PFFiledWithAG
Private Operating FoundationfalsePrivateOperatingFoundation
New Substantial ContributorsfalseNewSubstantialContributors
Interest In Controlled EntityfalseInterestInControlledEntity
Applicable Insurance ContractfalseApplicableInsuranceContract
Comply With Public Inspection RqrtrueComplyWithPublicInspectionRqr
Website AddressN/AWebsiteAddress
Books In Care Of Person NameJEFFERY WHITMANBooksInCareOfPersonName
Books In Care Of Phone Number2148909980BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

FieldValueIRS element (for citing)
Address Line111505 HILLCRESTAddressLine1
CityDALLASCity
StateTXState
ZIP Code75230ZIPCode

Statements Regarding Acty4720 StatementsRegardingActy4720

FieldValueIRS element (for citing)
Sale Or Exchange With Dsqfly PersonfalseSaleOrExchangeWithDsqflyPerson
Borrow Or Lend With Dsqfly PersonfalseBorrowOrLendWithDsqflyPerson
Furnished Goods With Dsqfly PersonfalseFurnishedGoodsWithDsqflyPerson
Pay Compensation To Dsqfly PersonfalsePayCompensationToDsqflyPerson
Transfer Assets To Dsqfly PersonfalseTransferAssetsToDsqflyPerson
Payment To Government OfficalfalsePaymentToGovernmentOffical
Undistributed Income Prior YearsfalseUndistributedIncomePriorYears
Business HoldingsfalseBusinessHoldings
Jeopardy InvestmentsfalseJeopardyInvestments
Uncorrected Jeopardy InvestmentsfalseUncorrectedJeopardyInvestments
Influence LegislationfalseInfluenceLegislation
Influence ElectionfalseInfluenceElection
Grants To IndividualsfalseGrantsToIndividuals
Grants To OrganizationsfalseGrantsToOrganizations
Noncharitable PurposefalseNoncharitablePurpose
Rcv Funds To Pay Prsnl Bnft ContractfalseRcvFundsToPayPrsnlBnftContract
Pay Premiums Prsnl Bnft ContractfalsePayPremiumsPrsnlBnftContract
Prohibited Tax Shelter TransactnfalseProhibitedTaxShelterTransactn

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (2 entries)

Address Line1USAddress/AddressLine1CityUSAddress/CityStateUSAddress/StateZIP CodeUSAddress/ZIPCodeTitleTitleAvg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPositionCompensationCompensationContri To Empl Benefit Plans EtcContriToEmplBenefitPlansEtcExpense Account Other AllowancesExpenseAccountOtherAllowances
JEFFERY WHITMAN
11505 HILLCRESTDALLASTX75230PRESIDENT3.00000
BONNIE WHITMAN
11505 HILLCRESTDALLASTX75230DIRECTOR3.00000
FieldValueIRS element (for citing)
Comp Of Highest Paid Empl NONENONECompOfHighestPaidEmplNONE
Comp Of Hghst Paid Cntrct NONENONECompOfHghstPaidCntrctNONE

Sum Of Program Related Investments SumOfProgramRelatedInvestments

FieldValueIRS element (for citing)
Description1N/ADescription1

Minimum Investment Return MinimumInvestmentReturn

FieldValueIRS element (for citing)
Avg Monthly FMV Of Securities162000AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances48724AvgMonthlyCashBalances
FMV All Other Noncharitable Assets36666FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets247390TotalFMVOfUnusedAssets
Adj Total FMV Of Unused Assets247390AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable3711CashDeemedCharitable
Net Noncharitable Assets243679NetNoncharitableAssets
Minimum Investment Return12184MinimumInvestmentReturn

Distributable DistributableAmount

FieldValueIRS element (for citing)
Minimum Investment Return12184MinimumInvestmentReturn
Tax Based On Investment Income58TaxBasedOnInvestmentIncome
Total Tax58TotalTax
Distributable Amount Before Adj12126DistributableAmountBeforeAdj
Distributable Amount Before Ded12126DistributableAmountBeforeDed
Distributable Amount As Adjusted12126DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

FieldValueIRS element (for citing)
Expenses And Contributions52240ExpensesAndContributions
Qualifying Distributions52240QualifyingDistributions
Adj Qualifying Distributions52240AdjQualifyingDistributions

Undistributed Income UndistributedIncome

FieldValueIRS element (for citing)
Distributable Amount As Adjusted12126DistributableAmountAsAdjusted
Excess Distri Carryover Year524836ExcessDistriCarryoverYear5
Excess Distri Carryover Year492373ExcessDistriCarryoverYear4
Excess Distri Carryover Year336144ExcessDistriCarryoverYear3
Excess Distri Carryover Year256643ExcessDistriCarryoverYear2
Excess Distri Carryover Year126600ExcessDistriCarryoverYear1
Total Excess Distri Carryover236596TotalExcessDistriCarryover
Qualifying Distributions52240QualifyingDistributions
Applied To Current Year12126AppliedToCurrentYear
Remaining Distri From Corpus40114RemainingDistriFromCorpus
Total Corpus276710TotalCorpus
Undistributed Income CY0UndistributedIncomeCY
Excess Distri Cyov From Year524836ExcessDistriCyovFromYear5
Excess Distri Cyov To Next Year251874ExcessDistriCyovToNextYear
Excess From Year492373ExcessFromYear4
Excess From Year336144ExcessFromYear3
Excess From Year256643ExcessFromYear2
Excess From Year126600ExcessFromYear1
Excess From Current Year40114ExcessFromCurrentYear

Supplementary Information SupplementaryInformation

FieldValueIRS element (for citing)
Only Contributes To PreselectedXOnlyContributesToPreselected

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (4 entries)

Address Line1RecipientUSAddress/AddressLine1CityRecipientUSAddress/CityStateRecipientUSAddress/StateZIP CodeRecipientUSAddress/ZIPCodeRecipient Foundation StatusRecipientFoundationStatusPurpose Of Grant Or ContributionPurposeOfGrantOrContributionAmountAmount
JEWISH FEDERATION OF GREATER DALLAS
7800 NORTHHAVENDALLASTX75230501 (C) 3CHARITABLE PROGRAMS$29,000
TIFERET ISREAL CONGREGATION
10909 HILLCREST RDDALLASTX75230CHARITABLE PROGRAMS$20,000
JEWISH FAMILY SERVICES OF DALLAS
5402 ARAPAHODALLASTX75248CHARITABLE PROGRAMS$1,000
THE LEGANCY AT PRESTON HOLLOW
11409 N CENTRAL EXPWYDALLASTX75243CHARITABLE PROGRAMS$1,000
FieldValueIRS element (for citing)
Tot Grant Or Contri Paid During Year51000TotGrantOrContriPaidDuringYear

Analysis Income Producing Acty AnalysisIncomeProducingActy

Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII

FieldValueIRS element (for citing)
Exclusion Code14ExclusionCode
Exclusion$2,116ExclusionAmount

Other Investment Income Part VII OtherInvestmentIncomePartVII

FieldValueIRS element (for citing)
Exclusion Code18ExclusionCode
Exclusion$414ExclusionAmount

Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry

FieldValueIRS element (for citing)
Exclusion Code18ExclusionCode
Exclusion$346ExclusionAmount

Subtotals Part XVIA SubtotalsPartXVIA

FieldValueIRS element (for citing)
Exclusion$2,876ExclusionAmount
FieldValueIRS element (for citing)
Total Part XVIA2876TotalPartXVIA

Rln Of Acty To Accom Of Exempt Prps RlnOfActyToAccomOfExemptPrps

Rln Of Acty To Accom Of Exempt Prps RlnOfActyToAccomOfExemptPrps (6 entries)

Line NumberLineNumberRelationship StatementRelationshipStatement
4DIVIDENDS AND INTERST EARNED SUPPORTS THE DAILY OPERATIONS
4OF THE FOUNDATION, ALLOWING ADDITIONAL MONEY FOR GRANTS
8GAINS ON SECURITIES SUPPORTS THE DAILY OPERATIONS OF THE
8FOUNDATION, ALLOWING ADDITIONAL MONEY FOR GRANTS
11APARTNERSHIP INCOME SUPPORTS THE DAILY OPERATIONS OF THE
11AFOUNDATION, ALLOWING ADDITIONAL MONEY FOR GRANTS

Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO

FieldValueIRS element (for citing)
Trnsfr Of Cash To Noncharitable EOfalseTrnsfrOfCashToNoncharitableEO
Trnsfr Oth Assets Noncharitable EOfalseTrnsfrOthAssetsNoncharitableEO
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssets
Purchase Assets Noncharitable EOfalsePurchaseAssetsNoncharitableEO
Rental Of Facilities EtcfalseRentalOfFacilitiesEtc
Reimbursement ArrangementsfalseReimbursementArrangements
Loans Or Loan GuaranteesfalseLoansOrLoanGuarantees
Performance Of Services EtcfalsePerformanceOfServicesEtc
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtc
Relationships Noncharitable E OsfalseRelationshipsNoncharitableEOs

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFXOrganization501c3ExemptPF
General RuleXGeneralRule

Contributor Info ContributorInfo

FieldValueIRS element (for citing)
Contributor Number1ContributorNumber
Contributor Name IndividualJW EYE ASSOCIATES PAContributorNameIndividual

Contributor Address US ContributorAddressUS

FieldValueIRS element (for citing)
Address Line12801 LEMMON AVEAddressLine1
CityDALLASCity
StateTXState
ZIP Code75204ZIPCode
FieldValueIRS element (for citing)
Aggregate Contributions100000AggregateContributions
Person Contribution TypeXPersonContributionType

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees AccountingFees

FieldValueIRS element (for citing)
CategoryTAX PREPARATION FEECategory
Amount$1,090Amount
Disbursements Charitable Prps1090DisbursementsCharitablePrps

Compensation Explanation CompensationExplanation

Compensation Compensation (2 entries)

JEFFERY WHITMAN
BONNIE WHITMAN

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corp Stock InvestmentsCorpStock (6 entries)

Name Of StockNameOfStockEOY Book ValueEOYBookValueEOYFMVEOYFMV
AMERICAN INV CO OF AMERICA CL A2949921031
MIDCAP SPDR TR SER 185458772
VANGUARD EMERGING MKTS
ISHARES7517974503
SHV43104299
ISHARES INDEX FUND12511255

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOther (2 entries)

Category Or ItemCategoryOrItemListed At Cost Or FMVListedAtCostOrFMVBook ValueBookValueEOYFMVEOYFMV
PARTNERSHIPAT COST3666636666
LOAN

Other Income Schedule2 OtherIncomeSchedule2

Other Income OtherIncome

FieldValueIRS element (for citing)
DescriptionJ & B WHITMAN LTDDescription
Revenue And Expenses Per Books414RevenueAndExpensesPerBooks
Net Investment Income414NetInvestmentIncome
Adjusted Net Income414AdjustedNetIncome

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees OtherProfessionalFees

FieldValueIRS element (for citing)
CategoryINVESTMENT FEESCategory
Amount$150Amount
Disbursements Charitable Prps150DisbursementsCharitablePrps

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