EDWIN E AND RUBY C MORGAN FOUNDATION INC: Form 990PF, tax year 2011

View the entire original 990 at ProPublica ↗

Organization: EDWIN E AND RUBY C MORGAN FOUNDATION INC (EIN 64-0667872)
Tax period: 2011-01-01 to 2011-12-31
Filed: 2012-05-15
IRS object ID: 201241369349100244
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
Depreciation Schedule
Investments Corp Bonds Schedule
Investments Corp Stock Schedule
Investments Govt Obligations Sch
Land Etc Schedule2
Other Assets Schedule
Other Expenses Schedule
Other Income Schedule2
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2012-05-15T09:39:46-05:00	Timestamp
Tax Period End Date	2011-12-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Field	Value	IRS element (for citing)
EIN	640414329	EIN

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	HADDOX REID BURKES & CALHOUN PLLC	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	188 EAST CAPITOL STREET SUITE 500	AddressLine1
City	JACKSON	City
State	MS	State
ZIP Code	39201	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	640667872	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	EDWIN E AND RUBY C MORGAN FOUNDATION INC	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	EDWI	NameControl
Phone	6019394443	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	254 A KATHERINE DRIVE	AddressLine1
City	FLOWOOD	City
State	MS	State
ZIP Code	39232	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	R MILLER REID	Name
Title	PRESIDENT	Title
Phone	6019394443	Phone
Date Signed	2012-05-09	DateSigned
Authorize Third Party	1	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	CHERYL J LEE CPA	Name
PTIN	P00929152	PTIN
Phone	6019482924	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	18667077	FMVAssetsEOY
Method Of Accounting Cash	X	MethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Contri Received Rev And Expnss	0	ContriReceivedRevAndExpnss
Not Required To Attach Schedule B	X	NotRequiredToAttachScheduleB
Interest On Savings Rev And Expnss	299	InterestOnSavingsRevAndExpnss
Interest On Savings Net Invst Incm	299	InterestOnSavingsNetInvstIncm
Dividends Rev And Expnss	877847	DividendsRevAndExpnss
Dividends Net Invst Incm	874755	DividendsNetInvstIncm
Net Gain Sale Assets Rev And Expnss	191056	NetGainSaleAssetsRevAndExpnss
Gross Sales Price	2240363	GrossSalesPrice
Capital Gain Net Incm Net Invst Incm	191056	CapitalGainNetIncmNetInvstIncm
Other Income Rev And Expnss	1050	OtherIncomeRevAndExpnss
Other Income Net Invst Incm	1050	OtherIncomeNetInvstIncm
Total Revenue And Expenses	1070252	TotalRevenueAndExpenses
Total Net Investment Income	1067160	TotalNetInvestmentIncome
Comp Ofcr Dir Trst Rev And Expnss	286035	CompOfcrDirTrstRevAndExpnss
Comp Ofcr Dir Trst Net Invst Incm	138601	CompOfcrDirTrstNetInvstIncm
Comp Ofcr Dir Trst Dsbrs Chrtbl Prps	147434	CompOfcrDirTrstDsbrsChrtblPrps
Pension Empl Bnft Rev And Expnss	78797	PensionEmplBnftRevAndExpnss
Pension Empl Bnft Net Invst Incm	38641	PensionEmplBnftNetInvstIncm
Pension Empl Bnft Dsbrs Chrtbl Prps	40156	PensionEmplBnftDsbrsChrtblPrps
Accounting Fees Rev And Expnss	1804	AccountingFeesRevAndExpnss
Accounting Fees Net Invst Incm	0	AccountingFeesNetInvstIncm
Accounting Fees Dsbrs Chrtbl Prps	1804	AccountingFeesDsbrsChrtblPrps
Taxes Rev And Expnss	13524	TaxesRevAndExpnss
Taxes Net Invst Incm	63	TaxesNetInvstIncm
Taxes Dsbrs Chrtbl Prps	0	TaxesDsbrsChrtblPrps
Deprec And Depletion Rev And Expnss	4294	DeprecAndDepletionRevAndExpnss
Deprec And Depletion Net Invst Incm	382	DeprecAndDepletionNetInvstIncm
Occupancy Rev And Expnss	7642	OccupancyRevAndExpnss
Occupancy Net Invst Incm	440	OccupancyNetInvstIncm
Occupancy Dsbrs Chrtbl Prps	7202	OccupancyDsbrsChrtblPrps
Other Expenses Rev And Expnss	6875	OtherExpensesRevAndExpnss
Other Expenses Net Invst Incm	934	OtherExpensesNetInvstIncm
Other Expenses Dsbrs Chrtbl Prps	5919	OtherExpensesDsbrsChrtblPrps
Tot Opr Expenses Rev And Expnss	398971	TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm	179061	TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps	202515	TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss	670000	ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps	670000	ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss	1068971	TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm	179061	TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps	872515	TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses	1281	ExcessOfRevenueOverExpenses
Net Investment Income	888099	NetInvestmentIncome

Balance Sheets BalanceSheets

Field	Value	IRS element (for citing)
Cash BOY	904	CashBOY
Cash EOY	2453	CashEOY
Cash EOYFMV	2453	CashEOYFMV
Savings And Temp Cash Invst BOY	852528	SavingsAndTempCashInvstBOY
Savings And Temp Cash Invst EOY	924729	SavingsAndTempCashInvstEOY
Savings And Temp Cash Invst EOYFMV	924729	SavingsAndTempCashInvstEOYFMV
Investments Govt Oblig BOY	6033911	InvestmentsGovtObligBOY
Investments Govt Oblig EOY	6080809	InvestmentsGovtObligEOY
Investments Govt Oblig EOYFMV	6603569	InvestmentsGovtObligEOYFMV
Investments Corp Stock BOY	7763154	InvestmentsCorpStockBOY
Investments Corp Stock EOY	9382310	InvestmentsCorpStockEOY
Investments Corp Stock EOYFMV	8368390	InvestmentsCorpStockEOYFMV
Investments Corp Bonds BOY	4269202	InvestmentsCorpBondsBOY
Investments Corp Bonds EOY	2534973	InvestmentsCorpBondsEOY
Investments Corp Bonds EOYFMV	2574306	InvestmentsCorpBondsEOYFMV
Land Building And Equipment Basis	209319	LandBuildingAndEquipmentBasis
Accum Deprec Land Bldg And Equip	18789	AccumDeprecLandBldgAndEquip
Land Building And Equipment BOY	194824	LandBuildingAndEquipmentBOY
Land Building And Equipment EOY	190530	LandBuildingAndEquipmentEOY
Land Building And Equipment EOYFMV	190530	LandBuildingAndEquipmentEOYFMV
Other Assets BOY	0	OtherAssetsBOY
Other Assets EOY	0	OtherAssetsEOY
Other Assets EOYFMV	3100	OtherAssetsEOYFMV
Total Assets BOY	19114523	TotalAssetsBOY
Total Assets EOY	19115804	TotalAssetsEOY
Total Assets EOYFMV	18667077	TotalAssetsEOYFMV
Total Liabilities BOY	0	TotalLiabilitiesBOY
Total Liabilities EOY	0	TotalLiabilitiesEOY
Org That Follow SFAS117	X	OrgThatFollowSFAS117
Unrestricted BOY	19114523	UnrestrictedBOY
Unrestricted EOY	19115804	UnrestrictedEOY
Total Net Assets BOY	19114523	TotalNetAssetsBOY
Total Net Assets EOY	19115804	TotalNetAssetsEOY
Total Liabilities Net Assets BOY	19114523	TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY	19115804	TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

Field	Value	IRS element (for citing)
Total Net Assets Fund Balances BOY	19114523	TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses	1281	ExcessOfRevenueOverExpenses
Other Increases	0	OtherIncreases
Subtotal	19115804	Subtotal
Other Decreases	0	OtherDecreases
Total Net Assets Fund Balances EOY	19115804	TotalNetAssetsFundBalancesEOY

Capital Gains And Losses CapitalGainsAndLosses

Capital Gains And Losses Info CapitalGainsAndLossesInfo (39 entries)

Description Of AssetDescriptionOfAsset	How AcquiredHowAcquired	Date AcquiredDateAcquired	Date SoldDateSold	Gross Sales PriceGrossSalesPrice	Cost Or Other BasisCostOrOtherBasis	Gain Or LossGainOrLoss	Gains Minus Excess Or LossesGainsMinusExcessOrLosses
1,000 SHS CONOCOPHILLIPS	P	2011-01-21	2011-03-01	76896	68173	8723	8723
1,500 SHS CHEVRON CORPORATION	P	2011-08-05	2011-10-26	157432	157042	390	390
1,000 SHS CHEVRON CORPORATION	P	2011-08-10	2011-11-01	109239	98200	11039	11039
500 SHS CHEVRON CORPORATION	P	2011-08-11	2011-12-30	53997	46509	7488	7488
500 SHS CHEVRON CORPORATION	P	2011-08-12	2011-12-30	53997	46537	7460	7460
500 SHS CHEVRON CORPORATION	P	2011-08-15	2011-12-30	53997	46520	7477	7477
500 SHS CHEVRON CORPORATION	P	2011-09-27	2011-12-30	53997	44759	9238	9238
0.9776 SHS CENTURYLINK, INC.	D	1999-10-16	2011-04-01	39	196	-157	-157
480 SHS AMERIPRISE FINANCIAL INC.	D	1999-10-16	2011-11-01	23306	13581	9725	9725
900 SHS AMERIPRISE FINANCIAL INC	D	1999-10-16	2011-11-01	43699	25465	18234	18234
0.026667 SHS GENERAL MOTORS CL B 19WT WARRANTS EXP 7/10/19	P	2004-08-05	2011-07-28	6	2	4	4
0.824619 SHS GENERAL MOTORS CL B 19WT WARRANTS EXP 7/10/19	P	2004-08-05	2011-04-04	13	53	-40	-40
0.2196 SHS GENERAL MOTORS CL B 19WT WARRANTS EXP 7/10/19	P	2004-08-05	2011-10-31	3	14	-11	-11
0.824619 SHS GENERAL MOTORS CL A 16WT WARRANTS EXP 7/10/16	P	2004-08-05	2011-04-04	18	71	-53	-53
0.4419 SHS GENERAL MOTORS CO	P	2004-08-05	2011-10-31	12	53	-41	-41
1.010282 SHS GENERAL MOTORS CO	P	2004-08-05	2011-04-04	31	120	-89	-89
0.2196 SHS GENERAL MOTORS CL A 16WT WARRANTS EXP 7/10/16	P	2004-08-05	2011-10-31	4	19	-15	-15
0.026667 SHS GENERAL MOTORS CL A 16WT WARRANTS EXP 7/10/16	P	2004-08-05	2011-07-28	8	2	6	6
160 SHS CITIGROUP, INC.	P	2005-03-08	2011-12-28	4212	76776	-72564	-72564
887.20 SHS EXXON MOBIL CORP	P	2007-06-13	2011-03-01	76011	60346	15665	15665
250,000 SHS BANK OF AMERICA 5.42%3/15/17	P	2008-01-22	2011-05-13	260472	248585	11887	11887
709.8 SHS EXXON MOBIL CORP	P	2008-10-07	2011-03-01	60812	43711	17101	17101
200,000 CALIF ST 7.5%4/1/34	P	2009-05-08	2011-08-23	235532	211500	24032	24032
10,000 WACHOVIA CORP 6.605%10/1/25	P	2009-09-18	2011-05-16	11095	9811	1284	1284
50,000 CITIGROUP, INC7%12/1/25	P	2009-09-18	2011-05-13	55700	50078	5622	5622
26,000 WACHOVIA CORP 6.605%10/1/25	P	2009-09-18	2011-07-18	28704	25509	3195	3195
8,000 CITIGROUP, INC7%12/1/25	P	2009-09-18	2011-07-18	8972	8013	959	959
200,000 BANK OF AMERICA 5.42%3/15/17	P	2009-09-18	2011-05-13	208378	192803	15575	15575
5,000 WACHOVIA CORP 6.605%10/1/25	P	2009-09-18	2011-07-15	5520	4906	614	614
11,000 CITIGROUP, INC7%12/1/25	P	2009-09-18	2011-07-15	12337	11017	1320	1320
50,000 CITIGROUP, INC7%12/1/25	P	2009-09-18	2011-07-14	56075	50079	5996	5996
75,000 WACHOVIA CORP 6.605%10/1/25	P	2009-09-18	2011-07-11	82800	73583	9217	9217
40,000 WACHOVIA CORP 6.605%10/1/25	P	2009-09-18	2011-07-06	44160	39244	4916	4916
35,000 WACHOVIA CORP 6.605%10/1/25	P	2009-09-18	2011-05-19	38815	34339	4476	4476
25,000 WACHOVIA CORP 6.605%10/1/25	P	2009-09-18	2011-05-18	27725	24528	3197	3197
25,000 CITIGROUP, INC7%12/1/25	P	2009-09-18	2011-05-18	27850	25039	2811	2811
34,000 WACHOVIA CORP 6.605%10/1/25	P	2009-09-18	2011-05-16	37706	33357	4349	4349
177,000 CATERPILLAR FIN POWER NTS 5.75%1/15/27	P	2009-09-28	2011-01-18	177000	176758	242	242
2,000 CONOCOPHILLIPS	P	2009-12-09	2011-03-01	153793	102009	51784	51784

Field	Value	IRS element (for citing)
Capital Gain Net Income	191056	CapitalGainNetIncome

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

Field	Value	IRS element (for citing)
Liable For4942 Tax	0	LiableFor4942Tax
Qualifying Distributions Year1	875985	QualifyingDistributionsYear1
Noncharitable Assets Year1	17081834	NoncharitableAssetsYear1
Distribution Ratio Year1	0.051282	DistributionRatioYear1
Qualifying Distributions Year2	920825	QualifyingDistributionsYear2
Noncharitable Assets Year2	15660847	NoncharitableAssetsYear2
Distribution Ratio Year2	0.058798	DistributionRatioYear2
Qualifying Distributions Year3	1003735	QualifyingDistributionsYear3
Noncharitable Assets Year3	18721200	NoncharitableAssetsYear3
Distribution Ratio Year3	0.053615	DistributionRatioYear3
Qualifying Distributions Year4	953525	QualifyingDistributionsYear4
Noncharitable Assets Year4	20752796	NoncharitableAssetsYear4
Distribution Ratio Year4	0.045947	DistributionRatioYear4
Qualifying Distributions Year5	940454	QualifyingDistributionsYear5
Noncharitable Assets Year5	19773308	NoncharitableAssetsYear5
Distribution Ratio Year5	0.047562	DistributionRatioYear5
Total Distribution Ratio	0.257204	TotalDistributionRatio
Average Distribution Ratio	0.051441	AverageDistributionRatio
Net Noncharitable Assets	17695834	NetNoncharitableAssets
Adjusted Noncharitable Assets	910291	AdjustedNoncharitableAssets
One Percent Net Investment Income	8881	OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One	919172	AdjNonchrtblAssetsAndOnePct
Qualifying Distributions	872515	QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

Field	Value	IRS element (for citing)
Investment Income Excise Tax	17762	InvestmentIncomeExciseTax
Tax Under Section511	0	TaxUnderSection511
Subtotal	17762	Subtotal
Subtitle A Tax	0	SubtitleATax
Tax Based On Investment Income	17762	TaxBasedOnInvestmentIncome
Est Tax Payments And Overpayment	18000	EstTaxPaymentsAndOverpayment
Total Credits And Payments	18000	TotalCreditsAndPayments
Overpayment	238	Overpayment
Amount Credited To Next Year	238	AmountCreditedToNextYear
Amount To Be Refunded	0	AmountToBeRefunded

Statements Regarding Activities StatementsRegardingActivities

Field	Value	IRS element (for citing)
Legislative Political Activities	0	LegislativePoliticalActivities
More Than100 Spent	0	MoreThan100Spent
Form1120 POL Filed	0	Form1120POLFiled
Sect4955 Tax On Organization	0	Sect4955TaxOnOrganization
Sect4955 Tax On Managers	0	Sect4955TaxOnManagers
Reimbursement Of Tax	0	ReimbursementOfTax
Activities Not Prev Reported	0	ActivitiesNotPrevReported
Changes To Articles Or Bylaws	0	ChangesToArticlesOrBylaws
Unrelated Bus Income Over1000	0	UnrelatedBusIncomeOver1000
Termination Etc	0	TerminationEtc
Requirements Of Sect508e	1	RequirementsOfSect508e
At Least5000 In Assets	1	AtLeast5000InAssets
States Filed With	MS	StatesFiledWith
Form990 PF Filed With AG	1	Form990PFFiledWithAG
Private Operating Foundation	0	PrivateOperatingFoundation
New Substantial Contributors	0	NewSubstantialContributors
Interest In Controlled Entity	0	InterestInControlledEntity
Applicable Insurance Contract	0	ApplicableInsuranceContract
Comply With Public Inspection Rqr	1	ComplyWithPublicInspectionRqr
Website Address	N/A	WebsiteAddress
Books In Care Of Person Name	R MILLER REID CPA	BooksInCareOfPersonName
Books In Care Of Phone Number	6019394443	BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

Field	Value	IRS element (for citing)
Address Line1	254A KATHERINE DRIVE	AddressLine1
City	FLOWOOD	City
State	MS	State
ZIP Code	39232	ZIPCode

Field	Value	IRS element (for citing)
Foreign Bank	0	ForeignBank

Statements Regarding Acty4720 StatementsRegardingActy4720

Field	Value	IRS element (for citing)
Sale Or Exchange With Dsqfly Person	0	SaleOrExchangeWithDsqflyPerson
Borrow Or Lend With Dsqfly Person	0	BorrowOrLendWithDsqflyPerson
Furnished Goods With Dsqfly Person	1	FurnishedGoodsWithDsqflyPerson
Pay Compensation To Dsqfly Person	1	PayCompensationToDsqflyPerson
Transfer Assets To Dsqfly Person	0	TransferAssetsToDsqflyPerson
Payment To Government Offical	0	PaymentToGovernmentOffical
Acts Fail To Qualify As Exceptions	0	ActsFailToQualifyAsExceptions
Uncorrected Prior Acts	0	UncorrectedPriorActs
Undistributed Income Prior Years	0	UndistributedIncomePriorYears
Business Holdings	0	BusinessHoldings
Jeopardy Investments	0	JeopardyInvestments
Uncorrected Jeopardy Investments	0	UncorrectedJeopardyInvestments
Influence Legislation	0	InfluenceLegislation
Influence Election	0	InfluenceElection
Grants To Individuals	0	GrantsToIndividuals
Grants To Organizations	0	GrantsToOrganizations
Noncharitable Purpose	0	NoncharitablePurpose
Rcv Funds To Pay Prsnl Bnft Contract	0	RcvFundsToPayPrsnlBnftContract
Pay Premiums Prsnl Bnft Contract	0	PayPremiumsPrsnlBnftContract
Prohibited Tax Shelter Transactn	0	ProhibitedTaxShelterTransactn

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (5 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
R MILLER REID
C/O FOUNDATION	FLOWOOD	MS	39232	PRES/TREAS/DIR	35.00	198001	45709	0
MILLER DAVID REID
C/O FOUNDATION	FLOWOOD	MS	39232	VP/SEC/DIR	40.00	84260	17149	0
PHILIP L COLSON
C/O FOUNDATION	FLOWOOD	MS	39232	DIRECTOR	0.50	1258	0	0
KAREN M MORGAN
C/O FOUNDATION	FLOWOOD	MS	39232	DIRECTOR	0.50	1258	0	0
GE MORGAN
C/O FOUNDATION	FLOWOOD	MS	39232	DIRECTOR	0.50	1258	0	0

Field	Value	IRS element (for citing)
Comp Of Highest Paid Empl NONE	NONE	CompOfHighestPaidEmplNONE
Tot Number Of Oth Empl Paid Over50k	0	TotNumberOfOthEmplPaidOver50k
Comp Of Hghst Paid Cntrct NONE	NONE	CompOfHghstPaidCntrctNONE
Tot Number Of Cntrct Paid Over50k	0	TotNumberOfCntrctPaidOver50k

Summary Of Direct Charitable Acty SummaryOfDirectCharitableActy

Field	Value	IRS element (for citing)
Description1	N/A	Description1
Expenses1	0	Expenses1

Sum Of Program Related Investments SumOfProgramRelatedInvestments

Field	Value	IRS element (for citing)
Description1	N/A	Description1
Amount1	0	Amount1
Total	0	Total

Minimum Investment Return MinimumInvestmentReturn

Field	Value	IRS element (for citing)
Avg Monthly FMV Of Securities	17147283	AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances	797136	AvgMonthlyCashBalances
FMV All Other Noncharitable Assets	20895	FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets	17965314	TotalFMVOfUnusedAssets
Reduction Claimed	0	ReductionClaimed
Acquisition Indebtedness	0	AcquisitionIndebtedness
Adj Total FMV Of Unused Assets	17965314	AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable	269480	CashDeemedCharitable
Net Noncharitable Assets	17695834	NetNoncharitableAssets
Minimum Investment Return	884792	MinimumInvestmentReturn

Distributable DistributableAmount

Field	Value	IRS element (for citing)
Minimum Investment Return	884792	MinimumInvestmentReturn
Tax Based On Investment Income	17762	TaxBasedOnInvestmentIncome
Total Tax	17762	TotalTax
Distributable Amount Before Adj	867030	DistributableAmountBeforeAdj
Recoveries Qlfy Distributions	0	RecoveriesQlfyDistributions
Distributable Amount Before Ded	867030	DistributableAmountBeforeDed
Deduction Fr Distributable	$0	DeductionFrDistributableAmount
Distributable Amount As Adjusted	867030	DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

Field	Value	IRS element (for citing)
Expenses And Contributions	872515	ExpensesAndContributions
Program Related Investments Total	0	ProgramRelatedInvestmentsTotal
Qualifying Distributions	872515	QualifyingDistributions
One Pct Sect4940e Org Net Invst Incm	0	OnePctSect4940eOrgNetInvstIncm
Adj Qualifying Distributions	872515	AdjQualifyingDistributions

Undistributed Income UndistributedIncome

Field	Value	IRS element (for citing)
Distributable Amount As Adjusted	867030	DistributableAmountAsAdjusted
Undistributed Income Prior Year	737393	UndistributedIncomePriorYear
Total For Prior Years	0	TotalForPriorYears
Total Excess Distri Carryover	0	TotalExcessDistriCarryover
Qualifying Distributions	872515	QualifyingDistributions
Applied To Year1	737393	AppliedToYear1
Applied To Prior Years	0	AppliedToPriorYears
Treated As Distri From Corpus	0	TreatedAsDistriFromCorpus
Applied To Current Year	135122	AppliedToCurrentYear
Remaining Distri From Corpus	0	RemainingDistriFromCorpus
Excess Distri Cyov App CY Corpus	0	ExcessDistriCyovAppCYCorpus
Excess Distri Cyov Applied CY	0	ExcessDistriCyovAppliedCY
Total Corpus	0	TotalCorpus
Prior Year Undistributed Income	0	PriorYearUndistributedIncome
Prior Year Deficiency Or Tax	0	PriorYearDeficiencyOrTax
Taxable Amount1	0	TaxableAmount1
Taxable Amount2	0	TaxableAmount2
Undistributed Income CY	731908	UndistributedIncomeCY
Distri From Corpus170b1 E Or4942g3	0	DistriFromCorpus170b1EOr4942g3
Excess Distri Cyov From Year5	0	ExcessDistriCyovFromYear5
Excess Distri Cyov To Next Year	0	ExcessDistriCyovToNextYear

Supplementary Information SupplementaryInformation

Field	Value	IRS element (for citing)
Contributing Manager	R MILLER REID	ContributingManager
Only Contributes To Preselected	X	OnlyContributesToPreselected

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (22 entries)

Address Line1RecipientUSAddress/AddressLine1	CityRecipientUSAddress/City	StateRecipientUSAddress/State	ZIP CodeRecipientUSAddress/ZIPCode	Recipient RelationshipRecipientRelationship	Recipient Foundation StatusRecipientFoundationStatus	Purpose Of Grant Or ContributionPurposeOfGrantOrContribution	AmountAmount
COMMUNITY HOSPITAL FOUNDATION
PO BOX HH	MONTEREY	CA	939421085	NONE	PUBLIC CHARITY	GENERAL OPERATING EXPENSES	$6,000
CTRL COAST VISITING NURSE ASSOC & HOSPICE
PO BOX 2480	MONTEREY	CA	93942	NONE	PUBLIC CHARITY	GENERAL OPERATING EXPENSES	$3,000
DELIVER ME SENIOR SUPPORT SERVICES
1405 SOUTH GALLATIN STREET	JACKSON	MS	39201	NONE	PUBLIC CHARITY	GENERAL OPERATING EXPENSES	$30,000
DELIVER ME SENIOR SUPPORT SERVICES
1405 SOUTH GALLATIN STREET	JACKSON	MS	39201	NONE	PUBLIC CHARITY	EQUIPMENT AND SUPPLIES	$11,000
HOSPICE FOUNDATION FOR THE CENTRAL COAST
PO BOX 1798	MONTEREY	CA	93942	NONE	PUBLIC CHARITY	GENERAL OPERATING EXPENSES	$4,000
MISSISSIPPI FOOD NETWORK
PO BOX 411	JACKSON	MS	39205	NONE	PUBLIC CHARITY	FOOD PROGRAM	$40,000
MISSISSIPPI SPAY AND NEUTER
2104 OLD BRANDON ROAD	PEARL	MS	39208	NONE	PUBLIC CHARITY	SPAY AND NEUTER PROGRAM	$75,000
MS ANIMAL RESCUE LEAGUE
4395 SOUTH DRIVE	JACKSON	MS	39209	NONE	PUBLIC CHARITY	GENERAL OPERATING EXPENSES	$20,000
MS ANIMAL RESCUE LEAGUE
4395 SOUTH DRIVE	JACKSON	MS	39209	NONE	PUBLIC CHARITY	VETERINARIAN SALARY AND BENEFITS	$68,500
MS ANIMAL RESCUE LEAGUE
4395 SOUTH DRIVE	JACKSON	MS	39209	NONE	PUBLIC CHARITY	SPAY AND NEUTER PROGRAM	$20,000
MS ANIMAL RESCUE LEAGUE
4395 SOUTH DRIVE	JACKSON	MS	39209	NONE	PUBLIC CHARITY	SPAY AND NEUTER	$2,500
SO CHRISTIAN SVC FOR CHILD & YOUTH INC
1900 N WEST ST STE B	JXN	MS	392021034	NONE	PUBLIC CHARITY	GENERAL OPERATING EXPENSES	$40,000
SO CHRISTIAN SVC FOR CHILD & YOUTH INC
1900 N WEST ST STE B	JXN	MS	392021034	NONE	PUBLIC CHARITY	GENERAL OPERATING EXPENSES	$10,000
STEWPOT COMMUNITY SERVICES INC
1100 WEST CAPITOL STREET	JACKSON	MS	39203	NONE	PUBLIC CHARITY	GENERAL OPERATING EXPENSES	$40,000
STEWPOT COMMUNITY SERVICES INC
1100 WEST CAPITOL STREET	JACKSON	MS	39203	NONE	PUBLIC CHARITY	OPPORTUNITY CENTER	$45,000
THE GLEANERS INC
PO BOX 9883	JACKSON	MS	392860883	NONE	PUBLIC CHARITY	GENERAL OPERATING EXPENSES	$40,000
THE HOME PLACE
PO DRAWER 720	MADISON	MS	391300720	NONE	PUBLIC CHARITY	GENERAL OPERATING EXPENSES	$20,000
THE MUSTARD SEED
1085 LUCKNEY ROAD	BRANDON	MS	39047	NONE	PUBLIC CHARITY	GENERAL OPERATING EXPENSES	$40,000
THE SALVATION ARMY METRO JACKSON COMMAND
PO BOX 448	JACKSON	MS	392050448	NONE	PUBLIC CHARITY	GENERAL OPERATING EXPENSE	$25,000
THE SALVATION ARMY METRO JACKSON COMMAND
PO BOX 448	JACKSON	MS	392050448	NONE	PUBLIC CHARITY	GENERAL OPERATING EXPENSES	$40,000
THE SALVATION ARMY METRO JACKSON COMMAND
PO BOX 448	JACKSON	MS	392050448	NONE	PUBLIC CHARITY	SOUTHERN MISSISSIPPI METROPOLITAN AREA COMMAND OPERA	$50,000
WINGARD HOME INC
1279 NORTH WEST STREET	JACKSON	MS	39202	NONE	PUBLIC CHARITY	GENERAL OPERATING EXPENSES	$40,000

Field	Value	IRS element (for citing)
Tot Grant Or Contri Paid During Year	670000	TotGrantOrContriPaidDuringYear
Tot Grant Or Contri Approved Future	0	TotGrantOrContriApprovedFuture

Analysis Income Producing Acty AnalysisIncomeProducingActy

Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst

Field	Value	IRS element (for citing)
Exclusion Code	14	ExclusionCode
Exclusion	$299	ExclusionAmount

Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII

Field	Value	IRS element (for citing)
Exclusion Code	14	ExclusionCode
Exclusion	$877,847	ExclusionAmount

Other Investment Income Part VII OtherInvestmentIncomePartVII

Field	Value	IRS element (for citing)
Exclusion Code	15	ExclusionCode
Exclusion	$1,050	ExclusionAmount

Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry

Field	Value	IRS element (for citing)
Exclusion Code	18	ExclusionCode
Exclusion	$191,056	ExclusionAmount

Subtotals Part XVIA SubtotalsPartXVIA

Field	Value	IRS element (for citing)
Unrelated Business Income	$0	UnrelatedBusinessIncomeAmount
Exclusion	$1,070,252	ExclusionAmount
Related Or Exempt Function Income	0	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Total Part XVIA	1070252	TotalPartXVIA

Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Noncharitable EO	0	TrnsfrOfCashToNoncharitableEO
Trnsfr Oth Assets Noncharitable EO	0	TrnsfrOthAssetsNoncharitableEO
Sales Or Exchanges Of Assets	0	SalesOrExchangesOfAssets
Purchase Assets Noncharitable EO	0	PurchaseAssetsNoncharitableEO
Rental Of Facilities Etc	0	RentalOfFacilitiesEtc
Reimbursement Arrangements	0	ReimbursementArrangements
Loans Or Loan Guarantees	0	LoansOrLoanGuarantees
Performance Of Services Etc	0	PerformanceOfServicesEtc
Sharing Of Facilities Etc	0	SharingOfFacilitiesEtc
Relationships Noncharitable E Os	0	RelationshipsNoncharitableEOs

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees AccountingFees

Field	Value	IRS element (for citing)
Category	HADDOX, REID, BURKES & CALHOUN	Category
Amount	$1,804	Amount
Net Investment Income	0	NetInvestmentIncome
Disbursements Charitable Prps	1804	DisbursementsCharitablePrps

Depreciation Schedule DepreciationSchedule

Depreciation Depreciation (2 entries)

Description Of PropertyDescriptionOfProperty	Date AcquiredDateAcquired	Cost Or Other BasisCostOrOtherBasis	Prior Years DepreciationPriorYearsDepreciation	Computation MethodComputationMethod	LifeLife	Current Year ExpenseCurrentYearExpense	Net Investment IncomeNetInvestmentIncome
BUILDING	2007-08-01	167455	14495	SL	39.000000000000	4294	0
LAND	2007-08-01	41864		L		0	0

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corp Bonds InvestmentsCorpBonds (13 entries)

Name Of BondNameOfBond	EOY Book ValueEOYBookValue	EOYFMVEOYFMV
AEGON FNDG CORP 5.75% 12/15/20	96504	104051
CITIGROUP 7% 12/1/25	106167	122340
GEN ELEC CAP 5.7% 4/15/26	400000	403027
GEN ELEC CAP 6% 4/15/38	400000	411616
GEN MTRS ACCEPT 6.875% 8/28/12	98134	101250
GOLDMAN SACHS BK 6.345% 2/15/34	252218	235069
GOLDMAN SACHS BK 6.125% 2/15/33	214430	221093
GTE CALIF INC 6.75% 5/15/27	257775	282836
GTE CALIF INC 6.75% 5/15/27	102508	113134
MERRILL LYNCH CO 6.22% 9/15/26	144097	123678
NATIONSBANK CORP 6.8% 3/15/28	105007	88176
PACIFIC BELL 6.625% 10/15/34	254025	260841
SOUTHTRUST BK 6.565% 12/15/27	104108	107195

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corp Stock InvestmentsCorpStock (64 entries)

Name Of StockNameOfStock	EOY Book ValueEOYBookValue	EOYFMVEOYFMV
5142 SHARES AMER ELECTRIC POWER CO	177360	212416
3000 SHARES AMEREN CORPORATION	94524	99390
8900 SHARES AMERICAN EXPRESS COMPANY	359988	419813
1500 SHARES AMERIPRISE FINANCIAL INC	68334	74460
14000 SHARES AT&T INC	484795	423360
17000 SHARES BANK OF AMERICA CORP	391537	94520
8300 SHARES BAXTER INTERNATIONAL INC	331452	410684
100 SHARES BERKSHIRE HTWY CL A	113507	114755
2250 SHARES BLACK HILLS CORP	50589	75555
10000 SHARES BLACKROCK BUILD AMERICA	200000	213500
1753 SHARES CVS CAREMARK CORP	5084	71487
3000 SHARES CARDINAL HEALTH INC	97004	121830
746 SHARES CAREFUSION CORP	13876	18956
4000 SHARES CBS CORPORATION 6.75% SRNTS	83354	101640
2000 SHARES CBS CORP CL B NEW	52609	54280
6000 SHARES CENTERPOINT ENERGY INC	124090	120540
117 SHARES CENTURYLINK INC	23462	4352
2500 SHARES CHEVRON CORP	255554	266000
1500 SHARES CISCO SYSTEMS INC	33120	27120
640 SHARES CITIGROUP INC	140622	16838
1017 SHARES COMCAST CORP NEW CL A	41247	24113
4000 SHARES COMCAST CORP NTS 7%	99274	102360
6000 SHARES CONOCO PHILLIPS	455627	437220
3000 SHARES DOMINION RES INC VA NEW	68109	159240
5500 SHARES DTE ENERGY COMPANY	196237	299475
4680 SHARES DUKE ENERGY CORP NEW	49041	102960
2000 SHARES EDISON INTERNATIONAL	53718	82800
4000 SHARES EXELON CORPORATION	120225	173480
1500 SHARES EXXON MOBIL CORP	122859	127140
3657 SHARES FIRSTENERGY CORP	91025	162005
2000 SHARES FORD MOTOR COMPANY	28710	21520
1419 SHARES FRONTIER COMMUNICATIONS	14103	7308
73000 SHARES GENERAL ELECTRIC CO	2411359	1307430
4731 SHARES GENON ENERGY INC	27803	12348
629 SHARES GM CLA 16 WT	54166	7378
629 SHARES GM CLA 19 WT	40716	4919
692 SHARES GM CO	82417	14027
2000 SHARES HALLIBURTON CO HLDG CO	34500	69020
3000 SHARES INTEL CORP	79808	72750
3000 SHARES INTERNATIONAL PAPER CO	73728	88800
2000 SHARES JP MORGAN CHASE & CO	89447	66500
2000 SHARES KRAFT FOODS INC	68776	74720
2000 SHARES MERCK & CO INC NEW	68618	75400
2000 SHARES MICROSOFT CORP	55987	51920
3000 SHARES N V ENERGY INC	53851	49050
1714 SHARES NORTHEAST UTILITIES	37033	61824
2000 SHARES NSTAR	37266	93920
2500 SHARES PEPCO HOLDINGS INC	59188	50750
4000 SHARES PFIZER INCORPORATION	95012	86560
5500 SHARES PG&E CORP	127413	226710
4000 SHARES PUBLIC STORAGE 6.625% PFD	88324	101800
27000 SHARES REGIONS FINANCIAL CP NEW	402764	116100
751 SHARES SEMPRA ENERGY	15560	41305
5000 SHARES THE SOUTHERN COMPANY	78415	231450
2340 SHARES SPECTRA ENERGY CORP	35352	71955
1000 SHARES STERLING BANCORP NY	14909	8640
130 SHARES TRUSTMARK CORP	2777	3158
3500 SHARES U S BANCORP DEL NEW	110701	94675
2500 SHARES UIL HOLDINGS CO	73078	88425
415 SHARES UNITED COMMUNITY BKS INC	34484	2901
5914 SHARES VERIZON COMMUNICATIONS	231652	237270
875 SHARES VODAFONE GROUP PLC	47375	24526
7000 SHARES WELLS FARGO & CO NEW	234155	192920
3550 SHARES XCEL ENERGY INC	74640	98122

Investments Govt Obligations Sch InvestmentsGovtObligationsSch

Field	Value	IRS element (for citing)
US Govt Securities EOY Book Value	0	USGovtSecuritiesEOYBookValue
US Govt Securities EOYFMV	0	USGovtSecuritiesEOYFMV
State Local Securities EOY Book Val	6080809	StateLocalSecuritiesEOYBookVal
State Local Securities EOYFMV	6603569	StateLocalSecuritiesEOYFMV

Land Etc Schedule2 LandEtcSchedule2

Land Etc LandEtc (2 entries)

Category Or ItemCategoryOrItem	Cost Or Other BasisCostOrOtherBasis	Accumulated DepreciationAccumulatedDepreciation	Book ValueBookValue	EOYFMVEOYFMV
BUILDING	167455	18789	148666	0
LAND	41864	0	41864	0

Other Assets Schedule OtherAssetsSchedule

Other Assets OtherAssets

Field	Value	IRS element (for citing)
Description	GAS ROYALTY AND FURNITURE	Description
BOY Book Value	0	BOYBookValue
EOY Book Value	0	EOYBookValue
EOYFMV	3100	EOYFMV

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses (6 entries)

DescriptionDescription	Revenue And Expenses Per BooksRevenueAndExpensesPerBooks	Net Investment IncomeNetInvestmentIncome	Disbursements Charitable PrpsDisbursementsCharitablePrps
DUES AND SUBSCRIPTIONS	865	0	865
INSURANCE	2457	0	2457
SUPPLIES & MISCELLANEOUS	818	0	818
EDUCATION	823	0	823
INTERNET	1868	934	934
FOOD	44	0	22

Other Income Schedule2 OtherIncomeSchedule2

Other Income OtherIncome

Field	Value	IRS element (for citing)
Description	PLAINS MARKETING ROYALTY	Description
Revenue And Expenses Per Books	1050	RevenueAndExpensesPerBooks
Net Investment Income	1050	NetInvestmentIncome
Adjusted Net Income	1050	AdjustedNetIncome

Taxes Schedule TaxesSchedule

Taxes Taxes (2 entries)

CategoryCategory	AmountAmount	Net Investment IncomeNetInvestmentIncome	Disbursements Charitable PrpsDisbursementsCharitablePrps
EXCISE TAX	$13,461	0	0
SEVERANCE TAX	$63	63	0

EDWIN E AND RUBY C MORGAN FOUNDATION INC: 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 (39 entries)

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 (5 entries)

Summary Of Direct Charitable Acty SummaryOfDirectCharitableActy

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 (22 entries)

Analysis Income Producing Acty AnalysisIncomeProducingActy

Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst

Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII

Other Investment Income Part VII OtherInvestmentIncomePartVII

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

Depreciation Schedule DepreciationSchedule

Depreciation Depreciation (2 entries)

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corp Bonds InvestmentsCorpBonds (13 entries)

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corp Stock InvestmentsCorpStock (64 entries)

Investments Govt Obligations Sch InvestmentsGovtObligationsSch

Land Etc Schedule2 LandEtcSchedule2

Land Etc LandEtc (2 entries)

Other Assets Schedule OtherAssetsSchedule

Other Assets OtherAssets

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses (6 entries)

Other Income Schedule2 OtherIncomeSchedule2

Other Income OtherIncome

Taxes Schedule TaxesSchedule

Taxes Taxes (2 entries)

Comments