J L TAYLOR FAM FOUNDATION: Form 990PF, tax year 2011

View the entire original 990 at ProPublica ↗

Organization: J L TAYLOR FAM FOUNDATION (EIN 30-0083160)
Tax period: 2011-01-01 to 2011-12-31
Filed: 2012-08-13
IRS object ID: 201242269349100019
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
Other Expenses Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2012-08-13T14:09:23-05:00	Timestamp
Tax Period End Date	2011-12-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Field	Value	IRS element (for citing)
EIN	770029884	EIN

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RIDGEWAY & WARNER	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 20310	AddressLine1
City	SANTA BARBARA	City
State	CA	State
ZIP Code	931200310	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	300083160	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	J L TAYLOR FAMILY FOUNDATION	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	JLTA	NameControl
Phone	8059661751	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1000 N GREEN VALLEY PKWY 440-395	AddressLine1
City	HENDERSON	City
State	NV	State
ZIP Code	89074	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	JEFFREY L TAYLOR	Name
Title	PRESIDENT	Title
Phone	8059661751	Phone
Date Signed	2012-08-09	DateSigned
Authorize Third Party	1	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	STEVEN K RIDGEWAY	Name
PTIN	P00292719	PTIN
Phone	8059661751	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)
Address Change	X	AddressChange
Exempt PF	X	ExemptPF
FMV Assets EOY	143039	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
Interest On Savings Rev And Expnss	1143	InterestOnSavingsRevAndExpnss
Interest On Savings Net Invst Incm	1143	InterestOnSavingsNetInvstIncm
Capital Gain Net Incm Net Invst Incm	0	CapitalGainNetIncmNetInvstIncm
Total Revenue And Expenses	1143	TotalRevenueAndExpenses
Total Net Investment Income	1143	TotalNetInvestmentIncome
Comp Ofcr Dir Trst Rev And Expnss	0	CompOfcrDirTrstRevAndExpnss
Comp Ofcr Dir Trst Net Invst Incm	0	CompOfcrDirTrstNetInvstIncm
Comp Ofcr Dir Trst Dsbrs Chrtbl Prps	0	CompOfcrDirTrstDsbrsChrtblPrps
Other Expenses Rev And Expnss	1455	OtherExpensesRevAndExpnss
Other Expenses Net Invst Incm	0	OtherExpensesNetInvstIncm
Other Expenses Dsbrs Chrtbl Prps	0	OtherExpensesDsbrsChrtblPrps
Tot Opr Expenses Rev And Expnss	1455	TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm	0	TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps	0	TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss	16290	ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps	16290	ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss	17745	TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm	0	TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps	16290	TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses	-16602	ExcessOfRevenueOverExpenses
Net Investment Income	1143	NetInvestmentIncome

Balance Sheets BalanceSheets

Field	Value	IRS element (for citing)
Savings And Temp Cash Invst BOY	159641	SavingsAndTempCashInvstBOY
Savings And Temp Cash Invst EOY	143039	SavingsAndTempCashInvstEOY
Savings And Temp Cash Invst EOYFMV	143039	SavingsAndTempCashInvstEOYFMV
Total Assets BOY	159641	TotalAssetsBOY
Total Assets EOY	143039	TotalAssetsEOY
Total Assets EOYFMV	143039	TotalAssetsEOYFMV
Total Liabilities BOY	0	TotalLiabilitiesBOY
Total Liabilities EOY	0	TotalLiabilitiesEOY
Org That Do Not Follow SFAS117	X	OrgThatDoNotFollowSFAS117
Capital Stock BOY	0	CapitalStockBOY
Capital Stock EOY	0	CapitalStockEOY
Paid In Or Capital Surplus BOY	0	PaidInOrCapitalSurplusBOY
Paid In Or Capital Surplus EOY	0	PaidInOrCapitalSurplusEOY
Retained Earnings BOY	159641	RetainedEarningsBOY
Retained Earnings EOY	143039	RetainedEarningsEOY
Total Net Assets BOY	159641	TotalNetAssetsBOY
Total Net Assets EOY	143039	TotalNetAssetsEOY
Total Liabilities Net Assets BOY	159641	TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY	143039	TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

Field	Value	IRS element (for citing)
Total Net Assets Fund Balances BOY	159641	TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses	-16602	ExcessOfRevenueOverExpenses
Other Increases	0	OtherIncreases
Subtotal	143039	Subtotal
Other Decreases	0	OtherDecreases
Total Net Assets Fund Balances EOY	143039	TotalNetAssetsFundBalancesEOY

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

Field	Value	IRS element (for citing)
Liable For4942 Tax	0	LiableFor4942Tax
Qualifying Distributions Year1	21000	QualifyingDistributionsYear1
Noncharitable Assets Year1	163154	NoncharitableAssetsYear1
Distribution Ratio Year1	0.128713	DistributionRatioYear1
Qualifying Distributions Year2	29400	QualifyingDistributionsYear2
Noncharitable Assets Year2	187396	NoncharitableAssetsYear2
Distribution Ratio Year2	0.156887	DistributionRatioYear2
Qualifying Distributions Year3	56237	QualifyingDistributionsYear3
Noncharitable Assets Year3	218086	NoncharitableAssetsYear3
Distribution Ratio Year3	0.257866	DistributionRatioYear3
Qualifying Distributions Year4	84649	QualifyingDistributionsYear4
Noncharitable Assets Year4	183344	NoncharitableAssetsYear4
Distribution Ratio Year4	0.461695	DistributionRatioYear4
Qualifying Distributions Year5	135715	QualifyingDistributionsYear5
Noncharitable Assets Year5	294379	NoncharitableAssetsYear5
Distribution Ratio Year5	0.461021	DistributionRatioYear5
Total Distribution Ratio	1.466182	TotalDistributionRatio
Average Distribution Ratio	0.293236	AverageDistributionRatio
Net Noncharitable Assets	149342	NetNoncharitableAssets
Adjusted Noncharitable Assets	43792	AdjustedNoncharitableAssets
One Percent Net Investment Income	11	OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One	43803	AdjNonchrtblAssetsAndOnePct
Qualifying Distributions	16290	QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

Field	Value	IRS element (for citing)
Investment Income Excise Tax	23	InvestmentIncomeExciseTax
Tax Under Section511	0	TaxUnderSection511
Subtotal	23	Subtotal
Subtitle A Tax	0	SubtitleATax
Tax Based On Investment Income	23	TaxBasedOnInvestmentIncome
Tax Paid With Extension	50	TaxPaidWithExtension
Total Credits And Payments	50	TotalCreditsAndPayments
Overpayment	27	Overpayment
Amount Credited To Next Year	27	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	NV	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	TRUNK BAY MANAGEMENT INC	BooksInCareOfPersonName
Books In Care Of Phone Number	8587948100	BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

Field	Value	IRS element (for citing)
Address Line1	445 MARINE VIEW AVE STE 305	AddressLine1
City	DEL MAR	City
State	CA	State
ZIP Code	92014	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	0	FurnishedGoodsWithDsqflyPerson
Pay Compensation To Dsqfly Person	0	PayCompensationToDsqflyPerson
Transfer Assets To Dsqfly Person	0	TransferAssetsToDsqflyPerson
Payment To Government Offical	0	PaymentToGovernmentOffical
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

Field	Value	IRS element (for citing)
Person Name	JEFFREY L TAYLOR	PersonName

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1000 N GREEN VALLEY PKWY 440-395	AddressLine1
City	HENDERSON	City
State	NV	State
ZIP Code	89074	ZIPCode

Field	Value	IRS element (for citing)
Title	PRES, SEC, TREAS, DIRECTOR	Title
Avg Hours Per Wk Devoted To Position	1.00	AvgHoursPerWkDevotedToPosition
Compensation	0	Compensation
Contri To Empl Benefit Plans Etc	0	ContriToEmplBenefitPlansEtc
Expense Account Other Allowances	0	ExpenseAccountOtherAllowances

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

Sum Of Program Related Investments SumOfProgramRelatedInvestments

Field	Value	IRS element (for citing)
Description1	NO PROGRAM RELATED INVESTMENTS WERE MADE DURING THE YEAR.	Description1
Amount1	0	Amount1
Total	0	Total

Minimum Investment Return MinimumInvestmentReturn

Field	Value	IRS element (for citing)
Avg Monthly FMV Of Securities	0	AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances	151616	AvgMonthlyCashBalances
FMV All Other Noncharitable Assets	0	FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets	151616	TotalFMVOfUnusedAssets
Reduction Claimed	0	ReductionClaimed
Acquisition Indebtedness	0	AcquisitionIndebtedness
Adj Total FMV Of Unused Assets	151616	AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable	2274	CashDeemedCharitable
Net Noncharitable Assets	149342	NetNoncharitableAssets
Minimum Investment Return	7467	MinimumInvestmentReturn

Distributable DistributableAmount

Field	Value	IRS element (for citing)
Minimum Investment Return	7467	MinimumInvestmentReturn
Tax Based On Investment Income	23	TaxBasedOnInvestmentIncome
Total Tax	23	TotalTax
Distributable Amount Before Adj	7444	DistributableAmountBeforeAdj
Recoveries Qlfy Distributions	0	RecoveriesQlfyDistributions
Distributable Amount Before Ded	7444	DistributableAmountBeforeDed
Deduction Fr Distributable	$0	DeductionFrDistributableAmount
Distributable Amount As Adjusted	7444	DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

Field	Value	IRS element (for citing)
Expenses And Contributions	16290	ExpensesAndContributions
Program Related Investments Total	0	ProgramRelatedInvestmentsTotal
Qualifying Distributions	16290	QualifyingDistributions
One Pct Sect4940e Org Net Invst Incm	0	OnePctSect4940eOrgNetInvstIncm
Adj Qualifying Distributions	16290	AdjQualifyingDistributions

Undistributed Income UndistributedIncome

Field	Value	IRS element (for citing)
Distributable Amount As Adjusted	7444	DistributableAmountAsAdjusted
Undistributed Income Prior Year	0	UndistributedIncomePriorYear
Total For Prior Years	0	TotalForPriorYears
Excess Distri Carryover Year5	121210	ExcessDistriCarryoverYear5
Excess Distri Carryover Year4	75637	ExcessDistriCarryoverYear4
Excess Distri Carryover Year3	45443	ExcessDistriCarryoverYear3
Excess Distri Carryover Year2	20090	ExcessDistriCarryoverYear2
Excess Distri Carryover Year1	12876	ExcessDistriCarryoverYear1
Total Excess Distri Carryover	275256	TotalExcessDistriCarryover
Qualifying Distributions	16290	QualifyingDistributions
Applied To Year1	0	AppliedToYear1
Applied To Prior Years	0	AppliedToPriorYears
Treated As Distri From Corpus	0	TreatedAsDistriFromCorpus
Applied To Current Year	7444	AppliedToCurrentYear
Remaining Distri From Corpus	8846	RemainingDistriFromCorpus
Excess Distri Cyov App CY Corpus	0	ExcessDistriCyovAppCYCorpus
Excess Distri Cyov Applied CY	0	ExcessDistriCyovAppliedCY
Total Corpus	284102	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	0	UndistributedIncomeCY
Distri From Corpus170b1 E Or4942g3	0	DistriFromCorpus170b1EOr4942g3
Excess Distri Cyov From Year5	121210	ExcessDistriCyovFromYear5
Excess Distri Cyov To Next Year	162892	ExcessDistriCyovToNextYear
Excess From Year4	75637	ExcessFromYear4
Excess From Year3	45443	ExcessFromYear3
Excess From Year2	20090	ExcessFromYear2
Excess From Year1	12876	ExcessFromYear1
Excess From Current Year	8846	ExcessFromCurrentYear

Supplementary Information SupplementaryInformation

Field	Value	IRS element (for citing)
Contributing Manager	JEFFREY L TAYLOR	ContributingManager
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	Address Line1RecipientForeignAddress/AddressLine1	CityRecipientForeignAddress/City	Province Or StateRecipientForeignAddress/ProvinceOrState	CountryRecipientForeignAddress/Country	Postal CodeRecipientForeignAddress/PostalCode
HORIZON PREP SCHOOL
PO BOX 9070	RANCHO SANTA FE	CA	92067	NONE	PUBLIC CHARITY	EDUCATION FOR CHILDREN	$5,790
MARTY HENNESSEY JT FOUNDATION
PO BOX 60117	LAS VEGAS	NV	89160	NONE	PUBLIC CHARITY	EDUCATION FOR CHILDREN	$5,000
AGAPE PROJECT USA
528 FOREST BLUFF	ENCINITAS	CA	92024	NONE	PUBLIC CHARITY	HEALTHCARE & EDUCATION	$500
YAEL'S INDABA CHARITABLE INITIATIVE SOCIETY
				NONE	PUBLIC CHARITY	CANCER EDUCATION	$5,000	225-425 CARRALL ST	VANCOUVER	BRITISH COLUMBIA	CA	V6B 6E3

Field	Value	IRS element (for citing)
Tot Grant Or Contri Paid During Year	16290	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)
Related Or Exempt Function Income	1143	RelatedOrExemptFunctionIncome

Subtotals Part XVIA SubtotalsPartXVIA

Field	Value	IRS element (for citing)
Unrelated Business Income	$0	UnrelatedBusinessIncomeAmount
Exclusion	$0	ExclusionAmount
Related Or Exempt Function Income	1143	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Total Part XVIA	1143	TotalPartXVIA

Rln Of Acty To Accom Of Exempt Prps RlnOfActyToAccomOfExemptPrps

Rln Of Acty To Accom Of Exempt Prps RlnOfActyToAccomOfExemptPrps (2 entries)

Line NumberLineNumber	Relationship StatementRelationshipStatement
3	FINANCIAL SUPPORT FOR GENERAL CHARITABLE ORGANIZATIONS, INCLUDING
3	RELATED ADMINISTRATIVE EXPENSES.

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

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses (2 entries)

DescriptionDescription	Revenue And Expenses Per BooksRevenueAndExpensesPerBooks	Net Investment IncomeNetInvestmentIncome	Disbursements Charitable PrpsDisbursementsCharitablePrps
ADMINISTRATIVE EXPENSES	1421	0	0
TAXES	34	0	0