YOUNG FAMILY FOUNDATION: Form 990PF, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- YOUNG FAMILY FOUNDATION (EIN 20-4796402)
- Tax period
- 2010-01-01 to 2010-12-31
- Filed
- 2011-05-16
- IRS object ID
- 201101369349101865
- Schema version
- 2010v3.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Accounting Fees Schedule
- Compensation Explanation
- Gain Loss Sale Other Assets Sch
- Investments Other Schedule2
- Other Expenses Schedule
- Other Increases Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-05-16T14:54:31-05:00 | Timestamp |
| Tax Period End Date | 2010-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ANGLINREICHMANNSNELLGROVE&ARMSTRONGPC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 305 QUALITY CIRCLE | AddressLine1 |
| City | HUNTSVILLE | City |
| State | AL | State |
| ZIP Code | 358065539 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnType |
| Tax Period Begin Date | 2010-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 204796402 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | YOUNG FAMILY FOUNDATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | YOUN | NameControl |
| Phone | 2565331040 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11 ROUND HILL ROAD SE | AddressLine1 |
| City | HUNTSVILLE | City |
| State | AL | State |
| ZIP Code | 35801 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JAMES YOUNG | Name |
| Title | TREASURER | Title |
| Phone | 2565331040 | Phone |
| Date Signed | 2011-05-10 | DateSigned |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JAY A REICHMANN CPA | Name |
| Phone | 2565331040 | Phone |
| Date Prepared | 2011-05-10 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | 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 | 0 | FMVAssetsEOY |
| Method Of Accounting Cash | X | MethodOfAccountingCash |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Not Required To Attach Schedule B | X | NotRequiredToAttachScheduleB |
| Dividends Rev And Expnss | 21726 | DividendsRevAndExpnss |
| Dividends Net Invst Incm | 21726 | DividendsNetInvstIncm |
| Dividends Adj Net Incm | 21726 | DividendsAdjNetIncm |
| Net Gain Sale Assets Rev And Expnss | 10753 | NetGainSaleAssetsRevAndExpnss |
| Gross Sales Price | 201035 | GrossSalesPrice |
| Total Revenue And Expenses | 32479 | TotalRevenueAndExpenses |
| Total Net Investment Income | 21726 | TotalNetInvestmentIncome |
| Total Adjusted Net Income | 21726 | TotalAdjustedNetIncome |
| Accounting Fees Rev And Expnss | 770 | AccountingFeesRevAndExpnss |
| Taxes Rev And Expnss | 477 | TaxesRevAndExpnss |
| Taxes Net Invst Incm | 421 | TaxesNetInvstIncm |
| Other Expenses Rev And Expnss | 2017 | OtherExpensesRevAndExpnss |
| Other Expenses Net Invst Incm | 2017 | OtherExpensesNetInvstIncm |
| Tot Opr Expenses Rev And Expnss | 3264 | TotOprExpensesRevAndExpnss |
| Tot Opr Expenses Net Invst Incm | 2438 | TotOprExpensesNetInvstIncm |
| Tot Opr Expenses Dsbrs Chrtbl Prps | 0 | TotOprExpensesDsbrsChrtblPrps |
| Contri Gifts Paid Rev And Expnss | 21000 | ContriGiftsPaidRevAndExpnss |
| Contri Gifts Paid Dsbrs Chrtbl Prps | 21000 | ContriGiftsPaidDsbrsChrtblPrps |
| Total Expenses Rev And Expnss | 24264 | TotalExpensesRevAndExpnss |
| Total Expenses Net Invst Incm | 2438 | TotalExpensesNetInvstIncm |
| Total Expenses Dsbrs Chrtbl Prps | 21000 | TotalExpensesDsbrsChrtblPrps |
| Excess Of Revenue Over Expenses | 8215 | ExcessOfRevenueOverExpenses |
| Net Investment Income | 19288 | NetInvestmentIncome |
| Adjusted Net Income | 21726 | AdjustedNetIncome |
Balance Sheets BalanceSheets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investments Other BOY | 667455 | InvestmentsOtherBOY |
| Investments Other EOY | 706404 | InvestmentsOtherEOY |
| Total Assets BOY | 667455 | TotalAssetsBOY |
| Total Assets EOY | 706404 | TotalAssetsEOY |
| Total Assets EOYFMV | 0 | TotalAssetsEOYFMV |
| Total Liabilities EOY | 0 | TotalLiabilitiesEOY |
| Org That Follow SFAS117 | X | OrgThatFollowSFAS117 |
| Unrestricted BOY | 667455 | UnrestrictedBOY |
| Unrestricted EOY | 706404 | UnrestrictedEOY |
| Total Net Assets BOY | 667455 | TotalNetAssetsBOY |
| Total Net Assets EOY | 706404 | TotalNetAssetsEOY |
| Total Liabilities Net Assets BOY | 667455 | TotalLiabilitiesNetAssetsBOY |
| Total Liabilities Net Assets EOY | 706404 | TotalLiabilitiesNetAssetsEOY |
Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Net Assets Fund Balances BOY | 667455 | TotalNetAssetsFundBalancesBOY |
| Excess Of Revenue Over Expenses | 8215 | ExcessOfRevenueOverExpenses |
| Other Increases | 30734 | OtherIncreases |
| Subtotal | 706404 | Subtotal |
| Total Net Assets Fund Balances EOY | 706404 | TotalNetAssetsFundBalancesEOY |
Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable For4942 Tax | false | LiableFor4942Tax |
| Qualifying Distributions Year1 | 20944 | QualifyingDistributionsYear1 |
| Noncharitable Assets Year1 | 664733 | NoncharitableAssetsYear1 |
| Distribution Ratio Year1 | 0.031507 | DistributionRatioYear1 |
| Qualifying Distributions Year2 | 20147 | QualifyingDistributionsYear2 |
| Noncharitable Assets Year2 | 823729 | NoncharitableAssetsYear2 |
| Distribution Ratio Year2 | 0.024458 | DistributionRatioYear2 |
| Noncharitable Assets Year3 | 26986 | NoncharitableAssetsYear3 |
| Total Distribution Ratio | 0.055965 | TotalDistributionRatio |
| Average Distribution Ratio | 0.027983 | AverageDistributionRatio |
| Net Noncharitable Assets | 667071 | NetNoncharitableAssets |
| Adjusted Noncharitable Assets | 18667 | AdjustedNoncharitableAssets |
| One Percent Net Investment Income | 193 | OnePercentNetInvestmentIncome |
| Adj Nonchrtbl Assets And One | 18860 | AdjNonchrtblAssetsAndOnePct |
| Qualifying Distributions | 21000 | QualifyingDistributions |
Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | X | DomesticOrgMeetingSect4940e |
| Investment Income Excise Tax | 193 | InvestmentIncomeExciseTax |
| Subtotal | 193 | Subtotal |
| Tax Based On Investment Income | 193 | TaxBasedOnInvestmentIncome |
| Tax Due | 193 | TaxDue |
| Amount Credited To Next Year | 0 | AmountCreditedToNextYear |
Statements Regarding Activities StatementsRegardingActivities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Activities | false | LegislativePoliticalActivities |
| More Than100 Spent | false | MoreThan100Spent |
| Form1120 POL Filed | false | Form1120POLFiled |
| Activities Not Prev Reported | false | ActivitiesNotPrevReported |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylaws |
| Unrelated Bus Income Over1000 | false | UnrelatedBusIncomeOver1000 |
| Termination Etc | false | TerminationEtc |
| Requirements Of Sect508e | true | RequirementsOfSect508e |
| At Least5000 In Assets | true | AtLeast5000InAssets |
| Form990 PF Filed With AG | true | Form990PFFiledWithAG |
| Private Operating Foundation | false | PrivateOperatingFoundation |
| New Substantial Contributors | false | NewSubstantialContributors |
| Interest In Controlled Entity | false | InterestInControlledEntity |
| Applicable Insurance Contract | false | ApplicableInsuranceContract |
| Comply With Public Inspection Rqr | true | ComplyWithPublicInspectionRqr |
| Website Address | N/A | WebsiteAddress |
| Books In Care Of Person Name | JAMES YOUNG | BooksInCareOfPersonName |
| Books In Care Of Phone Number | 2565039239 | BooksInCareOfPhoneNumber |
Books In Care Of US Address BooksInCareOfUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11 ROUND HILL ROAD SE | AddressLine1 |
| City | HUNTSVILLE | City |
| State | AL | State |
| ZIP Code | 35801 | ZIPCode |
Statements Regarding Acty4720 StatementsRegardingActy4720
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exchange With Dsqfly Person | false | SaleOrExchangeWithDsqflyPerson |
| Borrow Or Lend With Dsqfly Person | false | BorrowOrLendWithDsqflyPerson |
| Furnished Goods With Dsqfly Person | false | FurnishedGoodsWithDsqflyPerson |
| Pay Compensation To Dsqfly Person | false | PayCompensationToDsqflyPerson |
| Transfer Assets To Dsqfly Person | false | TransferAssetsToDsqflyPerson |
| Payment To Government Offical | false | PaymentToGovernmentOffical |
| Undistributed Income Prior Years | false | UndistributedIncomePriorYears |
| Business Holdings | false | BusinessHoldings |
| Jeopardy Investments | false | JeopardyInvestments |
| Uncorrected Jeopardy Investments | false | UncorrectedJeopardyInvestments |
| Influence Legislation | false | InfluenceLegislation |
| Influence Election | false | InfluenceElection |
| Grants To Individuals | false | GrantsToIndividuals |
| Grants To Organizations | false | GrantsToOrganizations |
| Noncharitable Purpose | false | NoncharitablePurpose |
| Rcv Funds To Pay Prsnl Bnft Contract | false | RcvFundsToPayPrsnlBnftContract |
| Pay Premiums Prsnl Bnft Contract | false | PayPremiumsPrsnlBnftContract |
Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo
Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (4 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | TitleTitle | Avg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPosition | CompensationCompensation | Contri To Empl Benefit Plans EtcContriToEmplBenefitPlansEtc | Expense Account Other AllowancesExpenseAccountOtherAllowances |
|---|---|---|---|---|---|---|---|---|
| JACQUELINE B YOUNG | ||||||||
| 11 ROUND HILL ROAD SE | HUNTSVILLE | AL | 35801 | PRESIDENT | 0.40 | 0 | 0 | 0 |
| SCOTT YOUNG | ||||||||
| 11 ROUND HILL ROAD SE | HUNTSVILLE | AL | 35801 | V-PRESIDENT | 0.40 | 0 | 0 | 0 |
| MARY YOUNG | ||||||||
| 11 ROUND HILL ROAD SE | HUNTSVILLE | AL | 35801 | SECRETARY | 0.40 | 0 | 0 | 0 |
| JAMES YOUNG | ||||||||
| 11 ROUND HILL ROAD SE | HUNTSVILLE | AL | 35801 | TREASURER | 0.40 | 0 | 0 | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Highest Paid Empl NONE | NONE | CompOfHighestPaidEmplNONE |
| Comp Of Hghst Paid Cntrct NONE | NONE | CompOfHghstPaidCntrctNONE |
Sum Of Program Related Investments SumOfProgramRelatedInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1 |
Minimum Investment Return MinimumInvestmentReturn
| Field | Value | IRS element (for citing) |
|---|---|---|
| Avg Monthly FMV Of Securities | 677229 | AvgMonthlyFMVOfSecurities |
| Avg Monthly Cash Balances | 0 | AvgMonthlyCashBalances |
| FMV All Other Noncharitable Assets | 0 | FMVAllOtherNoncharitableAssets |
| Total FMV Of Unused Assets | 677229 | TotalFMVOfUnusedAssets |
| Adj Total FMV Of Unused Assets | 677229 | AdjTotalFMVOfUnusedAssets |
| Cash Deemed Charitable | 10158 | CashDeemedCharitable |
| Net Noncharitable Assets | 667071 | NetNoncharitableAssets |
| Minimum Investment Return | 33354 | MinimumInvestmentReturn |
Distributable DistributableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | 33354 | MinimumInvestmentReturn |
| Tax Based On Investment Income | 193 | TaxBasedOnInvestmentIncome |
| Total Tax | 193 | TotalTax |
| Distributable Amount Before Adj | 33161 | DistributableAmountBeforeAdj |
| Distributable Amount Before Ded | 33161 | DistributableAmountBeforeDed |
| Distributable Amount As Adjusted | 33161 | DistributableAmountAsAdjusted |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | 21000 | ExpensesAndContributions |
| Qualifying Distributions | 21000 | QualifyingDistributions |
| One Pct Sect4940e Org Net Invst Incm | 193 | OnePctSect4940eOrgNetInvstIncm |
| Adj Qualifying Distributions | 20807 | AdjQualifyingDistributions |
Undistributed Income UndistributedIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable Amount As Adjusted | 33161 | DistributableAmountAsAdjusted |
| Excess Distri Carryover Year2 | 3494 | ExcessDistriCarryoverYear2 |
| Total Excess Distri Carryover | 3494 | TotalExcessDistriCarryover |
| Qualifying Distributions | 21000 | QualifyingDistributions |
| Applied To Current Year | 21000 | AppliedToCurrentYear |
| Excess Distri Cyov App CY Corpus | 3494 | ExcessDistriCyovAppCYCorpus |
| Excess Distri Cyov Applied CY | 3494 | ExcessDistriCyovAppliedCY |
| Undistributed Income CY | 8667 | UndistributedIncomeCY |
Supplementary Information SupplementaryInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contributes To Preselected | X | OnlyContributesToPreselected |
Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (4 entries)
| Address Line1RecipientUSAddress/AddressLine1 | CityRecipientUSAddress/City | StateRecipientUSAddress/State | ZIP CodeRecipientUSAddress/ZIPCode | Recipient RelationshipRecipientRelationship | Recipient Foundation StatusRecipientFoundationStatus | Purpose Of Grant Or ContributionPurposeOfGrantOrContribution | AmountAmount |
|---|---|---|---|---|---|---|---|
| ST HELENA HISTORICAL | |||||||
| PO BOX 87 | ST HELENA | CA | 94574 | N/A | 501(C)(3) | HELPS SUPPORT HISTORY PRESERVATION | $500 |
| GOOD SAMARITAN | |||||||
| 4800 W 57TH STREET | SIOUX FALLS | SD | 57108 | N/A | 501(C)(3) | PROVIDING SHELTER & SUPPORT | $5,500 |
| DOCTORS WITHOUT BORDERS | |||||||
| PO BOX 5030 | HAGERTOWN | MD | 21741 | N/A | 501(C)(3) | PROVIDES MEDICAL SUPPORT | $7,500 |
| AMNESTY INTERNATIONAL | |||||||
| 5 PENN PLAZA | NEW YORK | NY | 10001 | N/A | 501(C)(3) | SUPPORING HUMAN RIGHTS | $7,500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Grant Or Contri Paid During Year | 21000 | TotGrantOrContriPaidDuringYear |
Analysis Income Producing Acty AnalysisIncomeProducingActy
Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Income | 21726 | RelatedOrExemptFunctionIncome |
Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Income | 10753 | RelatedOrExemptFunctionIncome |
Subtotals Part XVIA SubtotalsPartXVIA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Income | 32479 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Part XVIA | 32479 | TotalPartXVIA |
Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Noncharitable EO | false | TrnsfrOfCashToNoncharitableEO |
| Trnsfr Oth Assets Noncharitable EO | false | TrnsfrOthAssetsNoncharitableEO |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssets |
| Purchase Assets Noncharitable EO | false | PurchaseAssetsNoncharitableEO |
| Rental Of Facilities Etc | false | RentalOfFacilitiesEtc |
| Reimbursement Arrangements | false | ReimbursementArrangements |
| Loans Or Loan Guarantees | false | LoansOrLoanGuarantees |
| Performance Of Services Etc | false | PerformanceOfServicesEtc |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtc |
| Relationships Noncharitable E Os | false | RelationshipsNoncharitableEOs |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees AccountingFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INDIRECT ACCOUNTING FEES | Category |
| Amount | $770 | Amount |
Compensation Explanation CompensationExplanation
Compensation Compensation (4 entries)
| JACQUELINE B YOUNG |
| SCOTT YOUNG |
| MARY YOUNG |
| JAMES YOUNG |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAsset (2 entries)
| NameName | Date AcquiredDateAcquired | How AcquiredHowAcquired | Date SoldDateSold | Gross Sales PriceGrossSalesPrice | BasisBasis | Total NetTotalNet |
|---|---|---|---|---|---|---|
| CAPITAL GROUP | 2010-01 | PURCHASE | 2010-12 | 133607 | 128003 | 5604 |
| CAPITAL GROUP | 2000-01 | PURCHASE | 2010-12 | 67428 | 62279 | 5149 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | CAPITAL GUARDIAN | CategoryOrItem |
| Listed At Cost Or FMV | FMV | ListedAtCostOrFMV |
| Book Value | 706404 | BookValue |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses OtherExpenses (2 entries)
| DescriptionDescription | Revenue And Expenses Per BooksRevenueAndExpensesPerBooks | Net Investment IncomeNetInvestmentIncome |
|---|---|---|
| EXPENSES | ||
| ADMIN FEES | 2017 | 2017 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases OtherIncreases
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | UNREALIZED GAINS | Description |
| Amount | $30,734 | Amount |
Taxes Schedule TaxesSchedule
Taxes Taxes (2 entries)
| CategoryCategory | AmountAmount | Net Investment IncomeNetInvestmentIncome |
|---|---|---|
| TAX ON INVESTMENT INCOME | $56 | |
| FOREIGN TAXES PAID | $421 | 421 |
Comments