BOYD FAMILY FOUNDATION: Form 990PF, tax year 2010

View the entire original 990 at ProPublica ↗

Organization
BOYD FAMILY FOUNDATION (EIN 65-6237736)
Tax period
2010-01-01 to 2010-12-31
Filed
2011-05-16
IRS object ID
201121369349101237
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 ReturnHeader

FieldValueIRS element (for citing)
Timestamp2011-05-16T16:50:38-05:00Timestamp
Tax Period End Date2010-12-31TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1RAPACKI & COMPANY PABusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line16800 FRANCE AVE STE 120AddressLine1
CityEDINACity
StateMNState
ZIP Code55435ZIPCode
FieldValueIRS element (for citing)
Return Type990PFReturnType
Tax Period Begin Date2010-01-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN656237736EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1BOYD FAMILY FOUNDATIONBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlBOYDNameControl
Phone5159614238Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line1802 WEST DETROIT AVENUEAddressLine1
CityINDIANOLACity
StateIAState
ZIP Code50125ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameVIRGINIA STOVERName
TitlePRESIDENTTitle
Phone5159614238Phone
Date Signed2011-05-10DateSigned

Preparer Preparer

FieldValueIRS element (for citing)
NameJOSEPH L RAPACKI JR CPAName
Phone9529455011Phone
Date Prepared2011-05-16DatePrepared
FieldValueIRS element (for citing)
Tax Year2010TaxYear
Build TS2016-03-07 17:11:31ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Exempt PFXExemptPF
FMV Assets EOY0FMVAssetsEOY
Method Of Accounting CashXMethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Not Required To Attach Schedule BXNotRequiredToAttachScheduleB
Interest On Savings Rev And Expnss3612InterestOnSavingsRevAndExpnss
Interest On Savings Net Invst Incm3612InterestOnSavingsNetInvstIncm
Dividends Rev And Expnss2682DividendsRevAndExpnss
Dividends Net Invst Incm2682DividendsNetInvstIncm
Total Revenue And Expenses6294TotalRevenueAndExpenses
Total Net Investment Income6294TotalNetInvestmentIncome
Accounting Fees Rev And Expnss700AccountingFeesRevAndExpnss
Accounting Fees Net Invst Incm700AccountingFeesNetInvstIncm
Tot Opr Expenses Rev And Expnss700TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm700TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps0TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss12111ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps12111ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss12811TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm700TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps12111TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses-6517ExcessOfRevenueOverExpenses
Net Investment Income5594NetInvestmentIncome

Balance Sheets BalanceSheets

FieldValueIRS element (for citing)
Savings And Temp Cash Invst BOY66274SavingsAndTempCashInvstBOY
Savings And Temp Cash Invst EOY67510SavingsAndTempCashInvstEOY
Investments Govt Oblig BOY40339InvestmentsGovtObligBOY
Investments Govt Oblig EOY42445InvestmentsGovtObligEOY
Investments Corp Stock BOY186599InvestmentsCorpStockBOY
Investments Corp Stock EOY167725InvestmentsCorpStockEOY
Investments Corp Bonds EOY25643InvestmentsCorpBondsEOY
Total Assets BOY293212TotalAssetsBOY
Total Assets EOY303323TotalAssetsEOY
Total Assets EOYFMV0TotalAssetsEOYFMV
Total Liabilities EOY0TotalLiabilitiesEOY
Org That Follow SFAS117XOrgThatFollowSFAS117
Unrestricted BOY293212UnrestrictedBOY
Unrestricted EOY303323UnrestrictedEOY
Total Net Assets BOY293212TotalNetAssetsBOY
Total Net Assets EOY303323TotalNetAssetsEOY
Total Liabilities Net Assets BOY293212TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY303323TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

FieldValueIRS element (for citing)
Total Net Assets Fund Balances BOY293212TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses-6517ExcessOfRevenueOverExpenses
Other Increases16628OtherIncreases
Subtotal303323Subtotal
Total Net Assets Fund Balances EOY303323TotalNetAssetsFundBalancesEOY

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

FieldValueIRS element (for citing)
Liable For4942 TaxfalseLiableFor4942Tax
Qualifying Distributions Year14000QualifyingDistributionsYear1
Noncharitable Assets Year1293971NoncharitableAssetsYear1
Distribution Ratio Year10.013607DistributionRatioYear1
Noncharitable Assets Year2323967NoncharitableAssetsYear2
Total Distribution Ratio0.013607TotalDistributionRatio
Average Distribution Ratio0.013607AverageDistributionRatio
Net Noncharitable Assets279741NetNoncharitableAssets
Adjusted Noncharitable Assets3806AdjustedNoncharitableAssets
One Percent Net Investment Income56OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One3862AdjNonchrtblAssetsAndOnePct
Qualifying Distributions27111QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eXDomesticOrgMeetingSect4940e
Investment Income Excise Tax56InvestmentIncomeExciseTax
Subtotal56Subtotal
Tax Based On Investment Income56TaxBasedOnInvestmentIncome
Tax Due56TaxDue
Amount Credited To Next Year0AmountCreditedToNextYear

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
Private Operating FoundationtruePrivateOperatingFoundation
New Substantial ContributorsfalseNewSubstantialContributors
Interest In Controlled EntityfalseInterestInControlledEntity
Applicable Insurance ContractfalseApplicableInsuranceContract
Comply With Public Inspection RqrtrueComplyWithPublicInspectionRqr
Website AddressN/AWebsiteAddress
Books In Care Of Person NameVIRGINIA STOVERBooksInCareOfPersonName
Books In Care Of Phone Number5153602946BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

FieldValueIRS element (for citing)
Address Line1802 WEST DETROIT AVENUEAddressLine1
CityINDIANOLACity
StateIAState
ZIP Code50125ZIPCode

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

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (3 entries)

Address Line1USAddress/AddressLine1CityUSAddress/CityStateUSAddress/StateZIP CodeUSAddress/ZIPCodeTitleTitleAvg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPositionCompensationCompensationContri To Empl Benefit Plans EtcContriToEmplBenefitPlansEtcExpense Account Other AllowancesExpenseAccountOtherAllowances
VIRGINA STOVER
802 W DETROITINDIANOLAIA50125PRESIDENT0.50000
MARY BAHRS
10004 THORNWOODKENSINGTONMD20895TRUSTEE0.25000
JANE GRANDUSKY
7340 PIONEER ROADWEST PALM BEACHFL33401TRUSTEE0.25000
FieldValueIRS element (for citing)
Comp Of Highest Paid Empl NONENONECompOfHighestPaidEmplNONE
Comp Of Hghst Paid Cntrct NONENONECompOfHghstPaidCntrctNONE

Summary Of Direct Charitable Acty SummaryOfDirectCharitableActy

FieldValueIRS element (for citing)
Description1THE ORGANIZATION GAVE FUNDS TO A CHURCH WITH NO RESTRICTIONS AS HOW THE FUNDS MAY BE USED.Description1
Expenses18111Expenses1
Description2THE ORGANIZATION GAVE FUNDS TO A COLLEGE FOR EDUCATIONAL PURPOSES.Description2
Expenses24000Expenses2

Sum Of Program Related Investments SumOfProgramRelatedInvestments

FieldValueIRS element (for citing)
Description1N/ADescription1

Minimum Investment Return MinimumInvestmentReturn

FieldValueIRS element (for citing)
Avg Monthly FMV Of Securities234000AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances50000AvgMonthlyCashBalances
FMV All Other Noncharitable Assets1FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets284001TotalFMVOfUnusedAssets
Adj Total FMV Of Unused Assets284001AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable4260CashDeemedCharitable
Net Noncharitable Assets279741NetNoncharitableAssets
Minimum Investment Return13987MinimumInvestmentReturn

Distributable DistributableAmount

FieldValueIRS element (for citing)
Sect4942j3j5 Fndtn And Frgn OrgXSect4942j3j5FndtnAndFrgnOrg

Qualifying Distributions QualifyingDistributions

FieldValueIRS element (for citing)
Expenses And Contributions12111ExpensesAndContributions
Amounts Set Aside Cash Distri Test15000AmountsSetAsideCashDistriTest
Qualifying Distributions27111QualifyingDistributions
One Pct Sect4940e Org Net Invst Incm56OnePctSect4940eOrgNetInvstIncm
Adj Qualifying Distributions27055AdjQualifyingDistributions

Undistributed Income UndistributedIncome

FieldValueIRS element (for citing)
Qualifying Distributions27111QualifyingDistributions
Remaining Distri From Corpus27111RemainingDistriFromCorpus
Total Corpus27111TotalCorpus

Private Operating Foundations PrivateOperatingFoundations

FieldValueIRS element (for citing)
Date Of Ruling1997-07-15DateOfRuling
Section4942j3XSection4942j3

Lessor Adj Net Incm Min Invst Return LessorAdjNetIncmMinInvstReturn

FieldValueIRS element (for citing)
Current Year0CurrentYear
Year16105Year1
Year29142Year2
Total15247Total

Percent85 Of Lessor Percent85OfLessor

FieldValueIRS element (for citing)
Year15189Year1
Year27771Year2
Total12960Total

Qualifying Distributions QualifyingDistributions

FieldValueIRS element (for citing)
Current Year27111CurrentYear
Year14000Year1
Total31111Total

Qlfy Distri Made Directly QlfyDistriMadeDirectly

FieldValueIRS element (for citing)
Current Year27111CurrentYear
Year14000Year1
Total31111Total

Two Thirds Min Invst Return TwoThirdsMinInvstReturn

FieldValueIRS element (for citing)
Current Year9325CurrentYear
Year19799Year1
Year210799Year2
Total29923Total

Supplementary Information SupplementaryInformation

FieldValueIRS element (for citing)
Only Contributes To PreselectedXOnlyContributesToPreselected

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (2 entries)

Business Name Line2RecipientBusinessName/BusinessNameLine2Address Line1RecipientUSAddress/AddressLine1Address Line2RecipientUSAddress/AddressLine2CityRecipientUSAddress/CityStateRecipientUSAddress/StateZIP CodeRecipientUSAddress/ZIPCodeRecipient Foundation StatusRecipientFoundationStatusPurpose Of Grant Or ContributionPurposeOfGrantOrContributionAmountAmount
ANKENY HISTORICAL SOCIETY
ANKENY HISTORICAL SOCIETY301 SW THIRD STREETP O BOX 1111ANKENYIA50021NONPROFITCOMMUNITY EDUCATION$4,000
UNION CONGREG CHURCH
UNION CONGREGATIONAL CHURCH5088 SUMMIT BLVE5088 SUMMIT BLVDWEST PALM BEACHFL33415NONPROFITRELIGIOUS$8,111
FieldValueIRS element (for citing)
Tot Grant Or Contri Paid During Year12111TotGrantOrContriPaidDuringYear

Analysis Income Producing Acty AnalysisIncomeProducingActy

Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst

FieldValueIRS element (for citing)
Exclusion Code14ExclusionCode
Exclusion$3,612ExclusionAmount

Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII

FieldValueIRS element (for citing)
Exclusion Code14ExclusionCode
Exclusion$2,682ExclusionAmount

Subtotals Part XVIA SubtotalsPartXVIA

FieldValueIRS element (for citing)
Exclusion$6,294ExclusionAmount
FieldValueIRS element (for citing)
Total Part XVIA6294TotalPartXVIA

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

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees AccountingFees

FieldValueIRS element (for citing)
CategoryINDIRECT ACCOUNTING FEESCategory
Amount$700Amount
Net Investment Income700NetInvestmentIncome

Compensation Explanation CompensationExplanation

Compensation Compensation (3 entries)

VIRGINA STOVER
MARY BAHRS
JANE GRANDUSKY

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corp Bonds InvestmentsCorpBonds

FieldValueIRS element (for citing)
Name Of BondBONDSNameOfBond
EOY Book Value25643EOYBookValue

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corp Stock InvestmentsCorpStock (62 entries)

Name Of StockNameOfStockEOY Book ValueEOYBookValue
BLACK ROCK16165
EXXON7824
IBM7044
CHEVRON6114
EXPRESS SCRIPTS4868
OCCIDENTAL4709
DISNEY4501
ACCENTURE4413
HP4378
JOHNSON AND JOHNSON4268
CHUBB4175
TRAVELERS3900
MCDONALDS3761
GAP3742
PFIZER3502
CA INC3226
BMC SOFTWARE3206
CSX3166
ESTTE LAUDER3147
QWEST3143
WESTERN DIGITAL2949
MEDCO HEALTH2818
BEST BUY2777
HUMANA2737
RAYTHEON2734
METLIFE2622
CAPITAL ONE2596
KROGER2594
L3 COMMUNCIATIONS2538
ROCKWELL2510
JUNIPER2323
MCKESSON2323
SAFEWAY2293
SOUTHERN COPPER2193
MICROSOFT2150
GENERAL MILLS2125
AETNA2044
HONEYWELL2020
HEINZ1781
INTER PAPER1743
KLA INSTR CORP1662
WELLPOINT1592
APPLIED MATERIALS1517
FOREST LABS1471
LOCKHEED1468
PRUDENTIAL1468
OWNES ILL1412
XL CAPITAL1396
GOLDMAN SACHS1345
VALERO1295
GENERAL ELECTRIC1262
SUNOCO927
JANUS921
NRG ENERGY840
CENOVUS798
ENCANA699
HARTFORD FINL SVCS530
AT AND T
CITIGROUP
CREDIT SUISSE
FEDERAL NATL
JP MORGAN

Investments Govt Obligations Sch InvestmentsGovtObligationsSch

FieldValueIRS element (for citing)
US Govt Securities EOY Book Value42445USGovtSecuritiesEOYBookValue

Other Increases Schedule OtherIncreasesSchedule

Other Increases OtherIncreases

FieldValueIRS element (for citing)
DescriptionUNREALIZED APPRECIATIONDescription
Amount$16,628Amount

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