GEORGE AND SANDY SMART FAMILY FOUNDATION: Form 990PF, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- GEORGE AND SANDY SMART FAMILY FOUNDATION (EIN 31-1513622)
- Tax period
- 2010-01-01 to 2010-12-31
- Filed
- 2011-05-11
- IRS object ID
- 201131319349101228
- 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
- Distribution From Corpus Election
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Expenses Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-05-11T14:42:41-05:00 | 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 | 415 Group Inc | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4100 Holiday Street NW Ste 100 | AddressLine1 |
| City | Canton | City |
| State | OH | State |
| ZIP Code | 44718 | 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 | 311513622 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | George & Sandy Smart Family Foundation | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | GEOR | NameControl |
| Phone | 3304779180 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1754 Turnberry Circle NW | AddressLine1 |
| City | Canton | City |
| State | OH | State |
| ZIP Code | 44708 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | G Smart President | Name |
| Title | President | Title |
| Phone | 3304779180 | Phone |
| Date Signed | 2011-05-06 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Scott F Whetstone CPA | Name |
| Phone | 3304920094 | Phone |
| Date Prepared | 2011-05-11 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-03-07 17:11:31Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exempt PF | X | ExemptPF |
| FMV Assets EOY | 641492 | FMVAssetsEOY |
| Method Of Accounting Cash | X | MethodOfAccountingCash |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Received Rev And Expnss | 30 | ContriReceivedRevAndExpnss |
| Not Required To Attach Schedule B | X | NotRequiredToAttachScheduleB |
| Interest On Savings Rev And Expnss | 11899 | InterestOnSavingsRevAndExpnss |
| Interest On Savings Net Invst Incm | 11899 | InterestOnSavingsNetInvstIncm |
| Dividends Rev And Expnss | 11074 | DividendsRevAndExpnss |
| Dividends Net Invst Incm | 11074 | DividendsNetInvstIncm |
| Net Gain Sale Assets Rev And Expnss | -11497 | NetGainSaleAssetsRevAndExpnss |
| Gross Sales Price | 408621 | GrossSalesPrice |
| Capital Gain Net Incm Net Invst Incm | 0 | CapitalGainNetIncmNetInvstIncm |
| Total Revenue And Expenses | 11506 | TotalRevenueAndExpenses |
| Total Net Investment Income | 22973 | TotalNetInvestmentIncome |
| Total Adjusted Net Income | 0 | TotalAdjustedNetIncome |
| Comp Ofcr Dir Trst Rev And Expnss | 0 | CompOfcrDirTrstRevAndExpnss |
| Comp Ofcr Dir Trst Net Invst Incm | 0 | CompOfcrDirTrstNetInvstIncm |
| Comp Ofcr Dir Trst Adj Net Incm | 0 | CompOfcrDirTrstAdjNetIncm |
| Comp Ofcr Dir Trst Dsbrs Chrtbl Prps | 0 | CompOfcrDirTrstDsbrsChrtblPrps |
| Accounting Fees Rev And Expnss | 1150 | AccountingFeesRevAndExpnss |
| Accounting Fees Net Invst Incm | 115 | AccountingFeesNetInvstIncm |
| Accounting Fees Adj Net Incm | 0 | AccountingFeesAdjNetIncm |
| Accounting Fees Dsbrs Chrtbl Prps | 1035 | AccountingFeesDsbrsChrtblPrps |
| Other Prof Fees Rev And Expnss | 4467 | OtherProfFeesRevAndExpnss |
| Other Prof Fees Net Invst Incm | 4467 | OtherProfFeesNetInvstIncm |
| Other Prof Fees Adj Net Incm | 0 | OtherProfFeesAdjNetIncm |
| Other Prof Fees Dsbrs Chrtbl Prps | 0 | OtherProfFeesDsbrsChrtblPrps |
| Taxes Rev And Expnss | 380 | TaxesRevAndExpnss |
| Taxes Net Invst Incm | 140 | TaxesNetInvstIncm |
| Taxes Adj Net Incm | 0 | TaxesAdjNetIncm |
| Taxes Dsbrs Chrtbl Prps | 0 | TaxesDsbrsChrtblPrps |
| Other Expenses Rev And Expnss | 200 | OtherExpensesRevAndExpnss |
| Other Expenses Net Invst Incm | 0 | OtherExpensesNetInvstIncm |
| Other Expenses Adj Net Incm | 0 | OtherExpensesAdjNetIncm |
| Other Expenses Dsbrs Chrtbl Prps | 200 | OtherExpensesDsbrsChrtblPrps |
| Tot Opr Expenses Rev And Expnss | 6197 | TotOprExpensesRevAndExpnss |
| Tot Opr Expenses Net Invst Incm | 4722 | TotOprExpensesNetInvstIncm |
| Tot Opr Expenses Adj Net Incm | 0 | TotOprExpensesAdjNetIncm |
| Tot Opr Expenses Dsbrs Chrtbl Prps | 1235 | TotOprExpensesDsbrsChrtblPrps |
| Contri Gifts Paid Rev And Expnss | 233500 | ContriGiftsPaidRevAndExpnss |
| Contri Gifts Paid Dsbrs Chrtbl Prps | 233500 | ContriGiftsPaidDsbrsChrtblPrps |
| Total Expenses Rev And Expnss | 239697 | TotalExpensesRevAndExpnss |
| Total Expenses Net Invst Incm | 4722 | TotalExpensesNetInvstIncm |
| Total Expenses Adj Net Incm | 0 | TotalExpensesAdjNetIncm |
| Total Expenses Dsbrs Chrtbl Prps | 234735 | TotalExpensesDsbrsChrtblPrps |
| Excess Of Revenue Over Expenses | -228191 | ExcessOfRevenueOverExpenses |
| Net Investment Income | 18251 | NetInvestmentIncome |
| Adjusted Net Income | 0 | AdjustedNetIncome |
Balance Sheets BalanceSheets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | 62295 | CashBOY |
| Cash EOY | 64452 | CashEOY |
| Cash EOYFMV | 64452 | CashEOYFMV |
| Investments Corp Stock BOY | 493189 | InvestmentsCorpStockBOY |
| Investments Corp Stock EOY | 287366 | InvestmentsCorpStockEOY |
| Investments Corp Stock EOYFMV | 304756 | InvestmentsCorpStockEOYFMV |
| Investments Corp Bonds BOY | 224688 | InvestmentsCorpBondsBOY |
| Investments Corp Bonds EOY | 200163 | InvestmentsCorpBondsEOY |
| Investments Corp Bonds EOYFMV | 197284 | InvestmentsCorpBondsEOYFMV |
| Investments Other BOY | 75000 | InvestmentsOtherBOY |
| Investments Other EOY | 75000 | InvestmentsOtherEOY |
| Investments Other EOYFMV | 75000 | InvestmentsOtherEOYFMV |
| Total Assets BOY | 855172 | TotalAssetsBOY |
| Total Assets EOY | 626981 | TotalAssetsEOY |
| Total Assets EOYFMV | 641492 | TotalAssetsEOYFMV |
| Total Liabilities BOY | 0 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 0 | TotalLiabilitiesEOY |
| Org That Do Not Follow SFAS117 | X | OrgThatDoNotFollowSFAS117 |
| Capital Stock BOY | 893454 | CapitalStockBOY |
| Capital Stock EOY | 893454 | CapitalStockEOY |
| Paid In Or Capital Surplus BOY | 0 | PaidInOrCapitalSurplusBOY |
| Paid In Or Capital Surplus EOY | 0 | PaidInOrCapitalSurplusEOY |
| Retained Earnings BOY | -38282 | RetainedEarningsBOY |
| Retained Earnings EOY | -266473 | RetainedEarningsEOY |
| Total Net Assets BOY | 855172 | TotalNetAssetsBOY |
| Total Net Assets EOY | 626981 | TotalNetAssetsEOY |
| Total Liabilities Net Assets BOY | 855172 | TotalLiabilitiesNetAssetsBOY |
| Total Liabilities Net Assets EOY | 626981 | TotalLiabilitiesNetAssetsEOY |
Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Net Assets Fund Balances BOY | 855172 | TotalNetAssetsFundBalancesBOY |
| Excess Of Revenue Over Expenses | -228191 | ExcessOfRevenueOverExpenses |
| Other Increases | 0 | OtherIncreases |
| Subtotal | 626981 | Subtotal |
| Other Decreases | 0 | OtherDecreases |
| Total Net Assets Fund Balances EOY | 626981 | TotalNetAssetsFundBalancesEOY |
Capital Gains And Losses CapitalGainsAndLosses
Capital Gains And Losses Info CapitalGainsAndLossesInfo (30 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 |
|---|---|---|---|---|---|---|---|
| 300 shs - AUTO DATA PROCESSING: ADP | P | 2009-06-12 | 2010-02-05 | 11928 | 11145 | 783 | 783 |
| 300 shs - DIEBOLD INCORPORATED: DBD | P | 2009-06-12 | 2010-02-04 | 8607 | 7953 | 654 | 654 |
| 1000 shs - ISHARES DJ SELECT DIV | P | 2009-06-09 | 2010-05-20 | 44042 | 36709 | 7333 | 7333 |
| 250 shs - BAXTER INTERNATIONAL INC: BAX | P | 2004-02-24 | 2010-05-20 | 10424 | 7300 | 3124 | 3124 |
| 100 shs - CHEVRON CORPORATION: CVX | P | 2005-09-14 | 2010-05-20 | 7438 | 6282 | 1156 | 1156 |
| 225 shs - COCA COLA COMPANY: KO | P | 2006-09-22 | 2010-05-20 | 11702 | 9905 | 1797 | 1797 |
| 175 shs - COCA COLA COMPANY: KO | P | 2007-08-08 | 2010-05-20 | 9102 | 9586 | -484 | -484 |
| 75000 shs - DEERE JOHN CAP | P | 2009-04-16 | 2010-10-15 | 75000 | 75000 | 0 | 0 |
| 125 shs - FEDEX CORPORATION: FOX | P | 2005-09-14 | 2010-05-20 | 10262 | 9995 | 267 | 267 |
| 150 shs - GENERAL MILLS INC: GIS | P | 2002-03-19 | 2010-02-05 | 10238 | 7352 | 2886 | 2886 |
| 1000 shs - GLOBECOMM SYSTEMS INC: GCOM | P | 2007-10-29 | 2010-10-21 | 8791 | 15420 | -6629 | -6629 |
| 150 shs - HEINZ H J CO: HNZ | P | 2002-03-19 | 2010-02-05 | 6407 | 5717 | 690 | 690 |
| 250 shs - HEINZ H J CO: HNZ | P | 2002-03-19 | 2010-05-20 | 11422 | 9528 | 1894 | 1894 |
| 500 shs - IMS HEALTH INC: RX | P | 2006-09-22 | 2010-02-04 | 10836 | 13294 | -2458 | -2458 |
| 500 shs - IMS HEALTH INC: RX | P | 2007-08-08 | 2010-02-04 | 10836 | 15553 | -4717 | -4717 |
| 400 shs - KEYCORP INC NEW: KEY | P | 2007-10-29 | 2010-10-21 | 3251 | 11394 | -8143 | -8143 |
| 150 shs - MICROSOFT CORP: MSFT | P | 2004-09-07 | 2010-02-05 | 4134 | 4097 | 37 | 37 |
| 50000 shs - NATL RURAL UTIL | P | 2009-04-24 | 2010-10-15 | 50000 | 50000 | 0 | 0 |
| 100 shs - OCCIDENTAL PETE CORP: OXY | P | 2001-10-17 | 2010-02-05 | 7452 | 1318 | 6134 | 6134 |
| 100 shs - OCCIDENTAL PETE CORP: OXY | P | 2001-10-17 | 2010-05-14 | 8117 | 1318 | 6799 | 6799 |
| 58.6 shs - PFIZER INCORPORATED: PFE | P | 1997-07-09 | 2010-10-21 | 1029 | 1241 | -212 | -212 |
| 113.4 shs - PFIZER INCORPORATED: PFE | P | 1999-11-02 | 2010-10-21 | 1992 | 2951 | -959 | -959 |
| 100 shs - PFIZER INCORPORATED: PFE | P | 2001-10-11 | 2010-10-21 | 1757 | 4113 | -2356 | -2356 |
| 420 shs - PFIZER INCORPORATED: PFE | P | 2001-10-17 | 2010-10-21 | 7378 | 11865 | -4487 | -4487 |
| 200 shs - SPDR DOW JONES INDL AVG | P | 2007-11-30 | 2010-05-14 | 21160 | 26913 | -5753 | -5753 |
| 300 shs - SPDR DOW JONES INDL AVG | P | 2008-12-17 | 2010-05-14 | 31741 | 26772 | 4969 | 4969 |
| 1000 shs - TELLABS INC:TLAB | P | 2006-09-22 | 2010-11-30 | 6301 | 10760 | -4459 | -4459 |
| 200 shs - ZIMMER HOLDINGS INC: ZMH | P | 2004-08-23 | 2010-11-30 | 9859 | 14680 | -4821 | -4821 |
| 150 shs - ZIMMER HOLDINGS INC: ZMH | P | 2007-08-08 | 2010-11-30 | 7394 | 11957 | -4563 | -4563 |
| Capital Gains Dividends | P | 21 | 21 | 21 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -11497 | CapitalGainNetIncome |
Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable For4942 Tax | 0 | LiableFor4942Tax |
| Qualifying Distributions Year1 | 40970 | QualifyingDistributionsYear1 |
| Noncharitable Assets Year1 | 796024 | NoncharitableAssetsYear1 |
| Distribution Ratio Year1 | 0.051468 | DistributionRatioYear1 |
| Qualifying Distributions Year2 | 42724 | QualifyingDistributionsYear2 |
| Noncharitable Assets Year2 | 882190 | NoncharitableAssetsYear2 |
| Distribution Ratio Year2 | 0.048429 | DistributionRatioYear2 |
| Qualifying Distributions Year3 | 94155 | QualifyingDistributionsYear3 |
| Noncharitable Assets Year3 | 1025502 | NoncharitableAssetsYear3 |
| Distribution Ratio Year3 | 0.091814 | DistributionRatioYear3 |
| Qualifying Distributions Year4 | 142318 | QualifyingDistributionsYear4 |
| Noncharitable Assets Year4 | 1070245 | NoncharitableAssetsYear4 |
| Distribution Ratio Year4 | 0.132977 | DistributionRatioYear4 |
| Qualifying Distributions Year5 | 79334 | QualifyingDistributionsYear5 |
| Noncharitable Assets Year5 | 1073152 | NoncharitableAssetsYear5 |
| Distribution Ratio Year5 | 0.073926 | DistributionRatioYear5 |
| Total Distribution Ratio | 0.398614 | TotalDistributionRatio |
| Average Distribution Ratio | 0.079723 | AverageDistributionRatio |
| Net Noncharitable Assets | 764074 | NetNoncharitableAssets |
| Adjusted Noncharitable Assets | 60914 | AdjustedNoncharitableAssets |
| One Percent Net Investment Income | 183 | OnePercentNetInvestmentIncome |
| Adj Nonchrtbl Assets And One | 61097 | AdjNonchrtblAssetsAndOnePct |
| Qualifying Distributions | 234735 | QualifyingDistributions |
Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | X | DomesticOrgMeetingSect4940e |
| Investment Income Excise Tax | 183 | InvestmentIncomeExciseTax |
| Tax Under Section511 | 0 | TaxUnderSection511 |
| Subtotal | 183 | Subtotal |
| Subtitle A Tax | 0 | SubtitleATax |
| Tax Based On Investment Income | 183 | TaxBasedOnInvestmentIncome |
| Est Tax Payments And Overpayment | 320 | EstTaxPaymentsAndOverpayment |
| Total Credits And Payments | 320 | TotalCreditsAndPayments |
| Overpayment | 137 | Overpayment |
| Amount Credited To Next Year | 137 | 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 | OH | 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 | George M Smart | BooksInCareOfPersonName |
| Books In Care Of Phone Number | 3308022413 | BooksInCareOfPhoneNumber |
Books In Care Of US Address BooksInCareOfUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1754 Turnberry Circle NW | AddressLine1 |
| City | Canton | City |
| State | OH | State |
| ZIP Code | 44708 | 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 (6 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 |
|---|---|---|---|---|---|---|---|---|
| George Smart | ||||||||
| 1754 Turnberry Circle NW | Canton | OH | 44708 | Pres & Treas | 0.00 | 0 | 0 | 0 |
| Sandy Smart | ||||||||
| 1754 Turnberry Circle NW | Canton | OH | 44708 | VP & Secy | 0.00 | 0 | 0 | 0 |
| Shelly Hinkle | ||||||||
| 1754 Turnberry Circle NW | Canton | OH | 44708 | VP | 0.00 | 0 | 0 | 0 |
| Korey Hinkle | ||||||||
| 1754 Turnberry Circle NW | Canton | OH | 44708 | VP | 0.00 | 0 | 0 | 0 |
| Stacy Hunt | ||||||||
| 1754 Turnberry Circle NW | Canton | OH | 44708 | VP | 0.00 | 0 | 0 | 0 |
| Bruce Hunt | ||||||||
| 1754 Turnberry Circle NW | Canton | OH | 44708 | VP | 0.00 | 0 | 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 |
Sum Of Program Related Investments SumOfProgramRelatedInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Minimum Investment Return MinimumInvestmentReturn
| Field | Value | IRS element (for citing) |
|---|---|---|
| Avg Monthly FMV Of Securities | 634265 | AvgMonthlyFMVOfSecurities |
| Avg Monthly Cash Balances | 141445 | AvgMonthlyCashBalances |
| FMV All Other Noncharitable Assets | 0 | FMVAllOtherNoncharitableAssets |
| Total FMV Of Unused Assets | 775710 | TotalFMVOfUnusedAssets |
| Reduction Claimed | 0 | ReductionClaimed |
| Acquisition Indebtedness | 0 | AcquisitionIndebtedness |
| Adj Total FMV Of Unused Assets | 775710 | AdjTotalFMVOfUnusedAssets |
| Cash Deemed Charitable | 11636 | CashDeemedCharitable |
| Net Noncharitable Assets | 764074 | NetNoncharitableAssets |
| Minimum Investment Return | 38204 | MinimumInvestmentReturn |
Distributable DistributableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | 38204 | MinimumInvestmentReturn |
| Tax Based On Investment Income | 183 | TaxBasedOnInvestmentIncome |
| Total Tax | 183 | TotalTax |
| Distributable Amount Before Adj | 38021 | DistributableAmountBeforeAdj |
| Recoveries Qlfy Distributions | 0 | RecoveriesQlfyDistributions |
| Distributable Amount Before Ded | 38021 | DistributableAmountBeforeDed |
| Deduction Fr Distributable | $0 | DeductionFrDistributableAmount |
| Distributable Amount As Adjusted | 38021 | DistributableAmountAsAdjusted |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | 234735 | ExpensesAndContributions |
| Program Related Investments Total | 0 | ProgramRelatedInvestmentsTotal |
| Qualifying Distributions | 234735 | QualifyingDistributions |
| One Pct Sect4940e Org Net Invst Incm | 183 | OnePctSect4940eOrgNetInvstIncm |
| Adj Qualifying Distributions | 234552 | AdjQualifyingDistributions |
Undistributed Income UndistributedIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable Amount As Adjusted | 38021 | DistributableAmountAsAdjusted |
| Undistributed Income Prior Year | 0 | UndistributedIncomePriorYear |
| Total For Prior Years | 0 | TotalForPriorYears |
| Excess Distri Carryover Year5 | 26808 | ExcessDistriCarryoverYear5 |
| Excess Distri Carryover Year4 | 89752 | ExcessDistriCarryoverYear4 |
| Excess Distri Carryover Year3 | 44432 | ExcessDistriCarryoverYear3 |
| Excess Distri Carryover Year1 | 1480 | ExcessDistriCarryoverYear1 |
| Total Excess Distri Carryover | 162472 | TotalExcessDistriCarryover |
| Qualifying Distributions | 234735 | QualifyingDistributions |
| Applied To Year1 | 0 | AppliedToYear1 |
| Applied To Prior Years | 0 | AppliedToPriorYears |
| Treated As Distri From Corpus | 234735 | TreatedAsDistriFromCorpus |
| Applied To Current Year | 0 | AppliedToCurrentYear |
| Remaining Distri From Corpus | 0 | RemainingDistriFromCorpus |
| Excess Distri Cyov App CY Corpus | 38021 | ExcessDistriCyovAppCYCorpus |
| Excess Distri Cyov Applied CY | 38021 | ExcessDistriCyovAppliedCY |
| Total Corpus | 359186 | 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 | 0 | ExcessDistriCyovFromYear5 |
| Excess Distri Cyov To Next Year | 359186 | ExcessDistriCyovToNextYear |
| Excess From Year4 | 78539 | ExcessFromYear4 |
| Excess From Year3 | 44432 | ExcessFromYear3 |
| Excess From Year1 | 1480 | ExcessFromYear1 |
| Excess From Current Year | 234735 | ExcessFromCurrentYear |
Supplementary Information SupplementaryInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contributes To Preselected | X | OnlyContributesToPreselected |
Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (13 entries)
| Address Line1RecipientUSAddress/AddressLine1 | CityRecipientUSAddress/City | StateRecipientUSAddress/State | ZIP CodeRecipientUSAddress/ZIPCode | Purpose Of Grant Or ContributionPurposeOfGrantOrContribution | AmountAmount |
|---|---|---|---|---|---|
| Berea Children's Home | |||||
| 202 East Bagley Road | Berea | OH | 44017 | General support | $2,000 |
| Church of the Savior | |||||
| 120 Cleveland Ave SW | Canton | OH | 44702 | Oatmeal Ministry | $8,000 |
| COTL | |||||
| 5944 Fulton Drive NW | Canton | OH | 44718 | Kids Camp & Prison Ministry | $1,500 |
| Cups Cafe | |||||
| 126 N Court Street Unit C | Medina | OH | 44256 | Bibles and general support | $3,000 |
| Ohio Foundation of Independent Colleges | |||||
| 250 East Broad Street | Columbus | OH | 43215 | General support | $1,000 |
| Pregnancy Support Center | |||||
| 4500 - 22nd Street NW | Canton | OH | 44708 | General support | $5,000 |
| Total Living Center | |||||
| 2221 Ninth St SW | Canton | OH | 44706 | General support | $4,000 |
| House of Hope Ministries | |||||
| PO Box 452 | Green | OH | 44232 | General support | $1,000 |
| Canton Calvary Mission | |||||
| 1345 Gibbs Ave NE | Canton | OH | 44705 | General support | $5,000 |
| Young Life | |||||
| 305 Harrison Street Suite 1-C | Leesburg | VA | 20175 | General support | $1,000 |
| Northside Christian Church | |||||
| 7615 Ridge Road | Wadsworth | OH | 44281 | General support | $1,000 |
| Defiance College | |||||
| 701 North Clinton Street | Defiance | OH | 43512 | Athletic Center | $200,000 |
| Vince Mealy Benevolent Fund co First Merit Bank | |||||
| 2917 Whipple Ave NW | Canton | OH | 44708 | General support | $1,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Grant Or Contri Paid During Year | 233500 | 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 | $11,899 | ExclusionAmount |
Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $11,074 | ExclusionAmount |
Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 18 | ExclusionCode |
| Exclusion | -$11,497 | ExclusionAmount |
Subtotals Part XVIA SubtotalsPartXVIA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Income | $0 | UnrelatedBusinessIncomeAmount |
| Exclusion | $11,476 | ExclusionAmount |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Part XVIA | 11476 | 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 | Accounting | Category |
| Amount | $1,150 | Amount |
| Net Investment Income | 115 | NetInvestmentIncome |
| Adjusted Net Income | 0 | AdjustedNetIncome |
| Disbursements Charitable Prps | 1035 | DisbursementsCharitablePrps |
Distribution From Corpus Election DistributionFromCorpusElection
| Field | Value | IRS element (for citing) |
|---|---|---|
| Election | ELECTION UNDER IRC REG. 53.4942(a)-3(d)(2):The George & Sandy Smart Family Foundation declares it is making an election under Regulation 53.4942(a)-3(d)(2) to vary the source rules on a qualifying distribution. The qualifying distributions of $234,735 for 2010 shall be made out of undistributed income of the designated prior taxable years as follows; and the remainder out of corpus:$26,808 the undistributed income of year 2005$11,213 the undistributed income of year 2006$234,735 out of corpus.George M. Smart May 6, 2011_________________________________ ____________Signature Date | Election |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corp Bonds InvestmentsCorpBonds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Bond | Investments - Corporate Bonds | NameOfBond |
| EOY Book Value | 200163 | EOYBookValue |
| EOYFMV | 197284 | EOYFMV |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corp Stock InvestmentsCorpStock
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Stock | Investments - Corporate Stock | NameOfStock |
| EOY Book Value | 287366 | EOYBookValue |
| EOYFMV | 304756 | EOYFMV |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | Certificates of Deposits | CategoryOrItem |
| Listed At Cost Or FMV | AT COST | ListedAtCostOrFMV |
| Book Value | 75000 | BookValue |
| EOYFMV | 75000 | EOYFMV |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses OtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Ohio filing fees | Description |
| Revenue And Expenses Per Books | 200 | RevenueAndExpensesPerBooks |
| Net Investment Income | 0 | NetInvestmentIncome |
| Adjusted Net Income | 0 | AdjustedNetIncome |
| Disbursements Charitable Prps | 200 | DisbursementsCharitablePrps |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees OtherProfessionalFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Investment | Category |
| Amount | $4,467 | Amount |
| Net Investment Income | 4467 | NetInvestmentIncome |
| Adjusted Net Income | 0 | AdjustedNetIncome |
| Disbursements Charitable Prps | 0 | DisbursementsCharitablePrps |
Taxes Schedule TaxesSchedule
Taxes Taxes (2 entries)
| CategoryCategory | AmountAmount | Net Investment IncomeNetInvestmentIncome | Adjusted Net IncomeAdjustedNetIncome | Disbursements Charitable PrpsDisbursementsCharitablePrps |
|---|---|---|---|---|
| Federal | $240 | 0 | 0 | 0 |
| Foreign taxes | $140 | 140 | 0 | 0 |
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