GRACE BUTNAM FOUNDATION: Form 990PF, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- GRACE BUTNAM FOUNDATION (EIN 22-2672858)
- Tax period
- 2010-01-01 to 2010-12-31
- Filed
- 2011-06-03
- IRS object ID
- 201141549349100004
- 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
- Depreciation Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Land Etc Schedule2
- Other Expenses Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-06-03T07:55:21-05:00 | 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 | RAM TRUST COMPANY DBA RAM TRUST SERVICES | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 45 EXCHANGE STREET | AddressLine1 |
| City | PORTLAND | City |
| State | ME | State |
| ZIP Code | 04101 | 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 | 222672858 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GRACE BUTNAM FOUNDATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | GRAC | NameControl |
| Phone | 2078924000 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 40 | AddressLine1 |
| City | SOUTH WINDHAM | City |
| State | ME | State |
| ZIP Code | 04082 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | M GOODREAU | Name |
| Title | PRESIDENT | Title |
| Phone | 2078924000 | Phone |
| Date Signed | 2011-06-03 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | MARIA A GWINN | Name |
| Phone | 2077752354 | Phone |
| 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 | 2761761 | FMVAssetsEOY |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
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 | 24513 | InterestOnSavingsRevAndExpnss |
| Interest On Savings Net Invst Incm | 24513 | InterestOnSavingsNetInvstIncm |
| Dividends Rev And Expnss | 34923 | DividendsRevAndExpnss |
| Dividends Net Invst Incm | 34923 | DividendsNetInvstIncm |
| Net Gain Sale Assets Rev And Expnss | -2294 | NetGainSaleAssetsRevAndExpnss |
| Gross Sales Price | 727339 | GrossSalesPrice |
| Capital Gain Net Incm Net Invst Incm | 0 | CapitalGainNetIncmNetInvstIncm |
| Total Revenue And Expenses | 57142 | TotalRevenueAndExpenses |
| Total Net Investment Income | 59436 | TotalNetInvestmentIncome |
| Comp Ofcr Dir Trst Rev And Expnss | 47303 | CompOfcrDirTrstRevAndExpnss |
| Comp Ofcr Dir Trst Net Invst Incm | 14191 | CompOfcrDirTrstNetInvstIncm |
| Comp Ofcr Dir Trst Dsbrs Chrtbl Prps | 33112 | CompOfcrDirTrstDsbrsChrtblPrps |
| Pension Empl Bnft Rev And Expnss | 6359 | PensionEmplBnftRevAndExpnss |
| Pension Empl Bnft Net Invst Incm | 1908 | PensionEmplBnftNetInvstIncm |
| Pension Empl Bnft Dsbrs Chrtbl Prps | 4451 | PensionEmplBnftDsbrsChrtblPrps |
| Interest Rev And Expnss | 5895 | InterestRevAndExpnss |
| Interest Net Invst Incm | 1769 | InterestNetInvstIncm |
| Interest Dsbrs Chrtbl Prps | 4127 | InterestDsbrsChrtblPrps |
| Taxes Rev And Expnss | 6835 | TaxesRevAndExpnss |
| Taxes Net Invst Incm | 2051 | TaxesNetInvstIncm |
| Taxes Dsbrs Chrtbl Prps | 4784 | TaxesDsbrsChrtblPrps |
| Deprec And Depletion Rev And Expnss | 10190 | DeprecAndDepletionRevAndExpnss |
| Deprec And Depletion Net Invst Incm | 10190 | DeprecAndDepletionNetInvstIncm |
| Other Expenses Rev And Expnss | 126749 | OtherExpensesRevAndExpnss |
| Other Expenses Net Invst Incm | 72659 | OtherExpensesNetInvstIncm |
| Other Expenses Dsbrs Chrtbl Prps | 54093 | OtherExpensesDsbrsChrtblPrps |
| Tot Opr Expenses Rev And Expnss | 203331 | TotOprExpensesRevAndExpnss |
| Tot Opr Expenses Net Invst Incm | 102768 | TotOprExpensesNetInvstIncm |
| Tot Opr Expenses Dsbrs Chrtbl Prps | 100567 | TotOprExpensesDsbrsChrtblPrps |
| Contri Gifts Paid Rev And Expnss | 0 | ContriGiftsPaidRevAndExpnss |
| Contri Gifts Paid Dsbrs Chrtbl Prps | 0 | ContriGiftsPaidDsbrsChrtblPrps |
| Total Expenses Rev And Expnss | 203331 | TotalExpensesRevAndExpnss |
| Total Expenses Net Invst Incm | 102768 | TotalExpensesNetInvstIncm |
| Total Expenses Dsbrs Chrtbl Prps | 100567 | TotalExpensesDsbrsChrtblPrps |
| Excess Of Revenue Over Expenses | -146189 | ExcessOfRevenueOverExpenses |
| Net Investment Income | 0 | NetInvestmentIncome |
Balance Sheets BalanceSheets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | 12175 | CashBOY |
| Cash EOY | 17767 | CashEOY |
| Cash EOYFMV | 17767 | CashEOYFMV |
| Savings And Temp Cash Invst BOY | 1424 | SavingsAndTempCashInvstBOY |
| Savings And Temp Cash Invst EOY | 31516 | SavingsAndTempCashInvstEOY |
| Savings And Temp Cash Invst EOYFMV | 31516 | SavingsAndTempCashInvstEOYFMV |
| Other Notes And Loans Receivable | 163331 | OtherNotesAndLoansReceivable |
| Allwnc For Dbtfl Acct Other Rcvbl | 0 | AllwncForDbtflAcctOtherRcvbl |
| Other Notes And Loans Rcvbl BOY | 162356 | OtherNotesAndLoansRcvblBOY |
| Other Notes And Loans Rcvbl EOY | 163331 | OtherNotesAndLoansRcvblEOY |
| Other Notes And Loans Rcvbl EOYFMV | 163331 | OtherNotesAndLoansRcvblEOYFMV |
| Investments Govt Oblig BOY | 275952 | InvestmentsGovtObligBOY |
| Investments Govt Oblig EOY | 92929 | InvestmentsGovtObligEOY |
| Investments Govt Oblig EOYFMV | 92929 | InvestmentsGovtObligEOYFMV |
| Investments Corp Stock BOY | 1052276 | InvestmentsCorpStockBOY |
| Investments Corp Stock EOY | 1055966 | InvestmentsCorpStockEOY |
| Investments Corp Stock EOYFMV | 1382232 | InvestmentsCorpStockEOYFMV |
| Investments Land Etc Basis | 976688 | InvestmentsLandEtcBasis |
| Investments Land Etc BOY | 976688 | InvestmentsLandEtcBOY |
| Investments Land Etc EOY | 976688 | InvestmentsLandEtcEOY |
| Investments Land Etc EOYFMV | 976688 | InvestmentsLandEtcEOYFMV |
| Land Building And Equipment Basis | 264473 | LandBuildingAndEquipmentBasis |
| Accum Deprec Land Bldg And Equip | 167175 | AccumDeprecLandBldgAndEquip |
| Land Building And Equipment BOY | 101336 | LandBuildingAndEquipmentBOY |
| Land Building And Equipment EOY | 97298 | LandBuildingAndEquipmentEOY |
| Land Building And Equipment EOYFMV | 97298 | LandBuildingAndEquipmentEOYFMV |
| Total Assets BOY | 2582207 | TotalAssetsBOY |
| Total Assets EOY | 2435495 | TotalAssetsEOY |
| Total Assets EOYFMV | 2761761 | TotalAssetsEOYFMV |
| Accounts Payable BOY | 523 | AccountsPayableBOY |
| Total Liabilities BOY | 523 | 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 | 3423175 | PaidInOrCapitalSurplusBOY |
| Paid In Or Capital Surplus EOY | 3423175 | PaidInOrCapitalSurplusEOY |
| Retained Earnings BOY | -841491 | RetainedEarningsBOY |
| Retained Earnings EOY | -987680 | RetainedEarningsEOY |
| Total Net Assets BOY | 2581684 | TotalNetAssetsBOY |
| Total Net Assets EOY | 2435495 | TotalNetAssetsEOY |
| Total Liabilities Net Assets BOY | 2582207 | TotalLiabilitiesNetAssetsBOY |
| Total Liabilities Net Assets EOY | 2435495 | TotalLiabilitiesNetAssetsEOY |
Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Net Assets Fund Balances BOY | 2581684 | TotalNetAssetsFundBalancesBOY |
| Excess Of Revenue Over Expenses | -146189 | ExcessOfRevenueOverExpenses |
| Other Increases | 0 | OtherIncreases |
| Subtotal | 2435495 | Subtotal |
| Other Decreases | 0 | OtherDecreases |
| Total Net Assets Fund Balances EOY | 2435495 | TotalNetAssetsFundBalancesEOY |
Capital Gains And Losses CapitalGainsAndLosses
Capital Gains And Losses Info CapitalGainsAndLossesInfo (20 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 |
|---|---|---|---|---|---|---|---|
| BP PLC SPONS ADR | P | 2010-02-04 | 2010-05-03 | 57513 | 64340 | -6827 | -6827 |
| FEDERAL HOME LN MTG CORP | P | 2009-12-15 | 2010-03-30 | 50000 | 49950 | 50 | 50 |
| FEDERAL HOME LOAN BANK | P | 2010-05-17 | 2010-06-21 | 45000 | 45231 | -231 | -231 |
| FEDERAL NATL MTG ASSN | P | 2010-04-27 | 2010-05-17 | 30000 | 30085 | -85 | -85 |
| ANADARKO PETROLEUM CORP | P | 2004-12-01 | 2010-01-08 | 26705 | 13642 | 13063 | 13063 |
| FEDERAL HOME LOAN MTG | P | 2002-07-03 | 2010-01-27 | 107698 | 101250 | 6448 | 6448 |
| GENERAL ELECRTIC COMPANY | P | 2001-09-17 | 2010-02-25 | 3150 | 7195 | -4045 | -4045 |
| GENERAL ELECRTIC COMPANY | P | 2002-01-04 | 2010-02-25 | 12600 | 32468 | -19868 | -19868 |
| GLAXOSMITHKLINE PLC-ADR | P | 2000-09-05 | 2010-02-25 | 3680 | 5631 | -1951 | -1951 |
| GLAXOSMITHKLINE PLC-ADR | P | 2002-03-08 | 2010-02-25 | 7361 | 9760 | -2399 | -2399 |
| PROGRESS ENERGY INC | P | 2008-12-30 | 2010-01-05 | 40342 | 38995 | 1347 | 1347 |
| ENCANA CORP | P | 2010-01-05 | 2010-09-09 | 17294 | 20704 | -3410 | -3410 |
| FHLMC | P | 2010-09-09 | 2010-12-15 | 20000 | 20230 | -230 | -230 |
| FHLMC | P | 2010-08-04 | 2010-12-30 | 30000 | 30487 | -487 | -487 |
| FNMA | P | 2010-04-27 | 2010-06-30 | 25000 | 25156 | -156 | -156 |
| FNMA BOND | P | 2010-08-04 | 2010-09-08 | 45000 | 45175 | -175 | -175 |
| FNMA BOND | P | 2009-09-21 | 2010-07-21 | 100000 | 100246 | -246 | -246 |
| FNMA | P | 2010-08-04 | 2010-08-21 | 75000 | 75150 | -150 | -150 |
| CHEVRON CORP | P | 2010-09-05 | 2010-10-15 | 29176 | 11854 | 17322 | 17322 |
| FRONTIER COMMUNICATIONS | P | 2008-12-30 | 2010-08-04 | 1820 | 2084 | -264 | -264 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -2294 | CapitalGainNetIncome |
Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable For4942 Tax | 0 | LiableFor4942Tax |
| Qualifying Distributions Year1 | 391442 | QualifyingDistributionsYear1 |
| Noncharitable Assets Year1 | 1490818 | NoncharitableAssetsYear1 |
| Distribution Ratio Year1 | 0.262569 | DistributionRatioYear1 |
| Qualifying Distributions Year2 | 713709 | QualifyingDistributionsYear2 |
| Noncharitable Assets Year2 | 2463880 | NoncharitableAssetsYear2 |
| Distribution Ratio Year2 | 0.289669 | DistributionRatioYear2 |
| Qualifying Distributions Year3 | 804013 | QualifyingDistributionsYear3 |
| Noncharitable Assets Year3 | 3562777 | NoncharitableAssetsYear3 |
| Distribution Ratio Year3 | 0.225670 | DistributionRatioYear3 |
| Qualifying Distributions Year4 | 689168 | QualifyingDistributionsYear4 |
| Noncharitable Assets Year4 | 3091657 | NoncharitableAssetsYear4 |
| Distribution Ratio Year4 | 0.222912 | DistributionRatioYear4 |
| Qualifying Distributions Year5 | 438096 | QualifyingDistributionsYear5 |
| Noncharitable Assets Year5 | 5574346 | NoncharitableAssetsYear5 |
| Distribution Ratio Year5 | 0.078591 | DistributionRatioYear5 |
| Total Distribution Ratio | 1.079411 | TotalDistributionRatio |
| Average Distribution Ratio | 0.215882 | AverageDistributionRatio |
| Net Noncharitable Assets | 1389386 | NetNoncharitableAssets |
| Adjusted Noncharitable Assets | 299943 | AdjustedNoncharitableAssets |
| One Percent Net Investment Income | 0 | OnePercentNetInvestmentIncome |
| Adj Nonchrtbl Assets And One | 299943 | AdjNonchrtblAssetsAndOnePct |
| Qualifying Distributions | 100567 | QualifyingDistributions |
Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | 0 | InvestmentIncomeExciseTax |
| Tax Under Section511 | 0 | TaxUnderSection511 |
| Subtotal | 0 | Subtotal |
| Subtitle A Tax | 0 | SubtitleATax |
| Tax Based On Investment Income | 0 | TaxBasedOnInvestmentIncome |
| Est Tax Payments And Overpayment | 1040 | EstTaxPaymentsAndOverpayment |
| Total Credits And Payments | 1040 | TotalCreditsAndPayments |
| Overpayment | 1040 | Overpayment |
| Amount Credited To Next Year | 0 | AmountCreditedToNextYear |
| Amount To Be Refunded | 1040 | 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 | NH | 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 | NONE | WebsiteAddress |
Books In Care Of Business Name BooksInCareOfBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PAULA COOPER | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Books In Care Of Phone Number | 2078924000 | BooksInCareOfPhoneNumber |
Books In Care Of US Address BooksInCareOfUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 40 | AddressLine1 |
| City | SOUTH WINDHAM | City |
| State | ME | State |
| ZIP Code | 04082 | 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 | 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 (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 |
|---|---|---|---|---|---|---|---|---|
| AUGUST J VALENTI | ||||||||
| PO BOX 40 | SOUTH WINDHAM | ME | 04082 | PRESIDENT | 0.02 | 0 | 0 | 0 |
| MARCIA DESANTIS | ||||||||
| PO BOX 40 | SOUTH WINDHAM | ME | 04082 | TREASURER | 0.02 | 0 | 0 | 0 |
| ALICE N PERSONS | ||||||||
| PO BOX 40 | SOUTH WINDHAM | ME | 04082 | SECRETARY | 0.02 | 0 | 0 | 0 |
| PAULA COOPER | ||||||||
| PO BOX 40 | SOUTH WINDHAM | ME | 04082 | ASST. TREASURER | 8.00 | 47303 | 0 | 0 |
| MARILYN GOODREAU | ||||||||
| PO BOX 40 | SOUTH WINDHAM | ME | 04082 | DIRECTOR | 0.70 | 0 | 0 | 0 |
| ROGER A PUTNAM | ||||||||
| PO BOX 40 | SOUTH WINDHAM | ME | 04082 | DIRECTOR | 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 | 1365633 | AvgMonthlyFMVOfSecurities |
| Avg Monthly Cash Balances | 44911 | AvgMonthlyCashBalances |
| FMV All Other Noncharitable Assets | 0 | FMVAllOtherNoncharitableAssets |
| Total FMV Of Unused Assets | 1410544 | TotalFMVOfUnusedAssets |
| Reduction Claimed | 0 | ReductionClaimed |
| Acquisition Indebtedness | 0 | AcquisitionIndebtedness |
| Adj Total FMV Of Unused Assets | 1410544 | AdjTotalFMVOfUnusedAssets |
| Cash Deemed Charitable | 21158 | CashDeemedCharitable |
| Net Noncharitable Assets | 1389386 | NetNoncharitableAssets |
| Minimum Investment Return | 69469 | MinimumInvestmentReturn |
Distributable DistributableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | 69469 | MinimumInvestmentReturn |
| Total Tax | 0 | TotalTax |
| Distributable Amount Before Adj | 69469 | DistributableAmountBeforeAdj |
| Recoveries Qlfy Distributions | 0 | RecoveriesQlfyDistributions |
| Distributable Amount Before Ded | 69469 | DistributableAmountBeforeDed |
| Deduction Fr Distributable | $0 | DeductionFrDistributableAmount |
| Distributable Amount As Adjusted | 69469 | DistributableAmountAsAdjusted |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | 100567 | ExpensesAndContributions |
| Program Related Investments Total | 0 | ProgramRelatedInvestmentsTotal |
| Qualifying Distributions | 100567 | QualifyingDistributions |
| One Pct Sect4940e Org Net Invst Incm | 0 | OnePctSect4940eOrgNetInvstIncm |
| Adj Qualifying Distributions | 100567 | AdjQualifyingDistributions |
Undistributed Income UndistributedIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable Amount As Adjusted | 69469 | DistributableAmountAsAdjusted |
| Undistributed Income Prior Year | 0 | UndistributedIncomePriorYear |
| Total For Prior Years | 0 | TotalForPriorYears |
| Excess Distri Carryover Year5 | 160785 | ExcessDistriCarryoverYear5 |
| Excess Distri Carryover Year4 | 535253 | ExcessDistriCarryoverYear4 |
| Excess Distri Carryover Year3 | 629898 | ExcessDistriCarryoverYear3 |
| Excess Distri Carryover Year2 | 592525 | ExcessDistriCarryoverYear2 |
| Excess Distri Carryover Year1 | 316901 | ExcessDistriCarryoverYear1 |
| Total Excess Distri Carryover | 2235362 | TotalExcessDistriCarryover |
| Qualifying Distributions | 100567 | QualifyingDistributions |
| Applied To Year1 | 0 | AppliedToYear1 |
| Applied To Prior Years | 0 | AppliedToPriorYears |
| Treated As Distri From Corpus | 0 | TreatedAsDistriFromCorpus |
| Applied To Current Year | 69469 | AppliedToCurrentYear |
| Remaining Distri From Corpus | 31098 | RemainingDistriFromCorpus |
| Excess Distri Cyov App CY Corpus | 0 | ExcessDistriCyovAppCYCorpus |
| Excess Distri Cyov Applied CY | 0 | ExcessDistriCyovAppliedCY |
| Total Corpus | 2266460 | 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 | 160785 | ExcessDistriCyovFromYear5 |
| Excess Distri Cyov To Next Year | 2105675 | ExcessDistriCyovToNextYear |
| Excess From Year4 | 535253 | ExcessFromYear4 |
| Excess From Year3 | 629898 | ExcessFromYear3 |
| Excess From Year2 | 592525 | ExcessFromYear2 |
| Excess From Year1 | 316901 | ExcessFromYear1 |
| Excess From Current Year | 31098 | ExcessFromCurrentYear |
Supplementary Information SupplementaryInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contributes To Preselected | X | OnlyContributesToPreselected |
| Tot Grant Or Contri Paid During Year | 0 | 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 | $24,513 | ExclusionAmount |
Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $34,923 | ExclusionAmount |
Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 18 | ExclusionCode |
| Exclusion | -$2,294 | ExclusionAmount |
Subtotals Part XVIA SubtotalsPartXVIA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Income | $0 | UnrelatedBusinessIncomeAmount |
| Exclusion | $57,142 | ExclusionAmount |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Part XVIA | 57142 | 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 |
Depreciation Schedule DepreciationSchedule
Depreciation Depreciation (33 entries)
| Description Of PropertyDescriptionOfProperty | Date AcquiredDateAcquired | Cost Or Other BasisCostOrOtherBasis | Prior Years DepreciationPriorYearsDepreciation | Computation MethodComputationMethod | LifeLife | Current Year ExpenseCurrentYearExpense | Net Investment IncomeNetInvestmentIncome |
|---|---|---|---|---|---|---|---|
| SULLIVAN FURNITURE/REPAIRS | 2003-07-01 | 50949 | 50949 | 200DB | 7.000000000000 | 0 | 0 |
| EQUIPMENT | 2003-08-31 | 5440 | 5197 | 200DB | 7.000000000000 | 243 | 243 |
| EQUIPMENT | 2003-01-01 | 8041 | 7682 | 200DB | 7.000000000000 | 359 | 0 |
| SULLIVAN REPAIRS | 2003-07-01 | 67391 | 67391 | 200DB | 7.000000000000 | 0 | 0 |
| BUILDING IMPROVEMENTS | 2005-01-19 | 2860 | 2221 | 200DB | 7.000000000000 | 255 | 409 |
| FURNITURE AND FIXTURES | 2005-09-20 | 657 | 511 | 200DB | 7.000000000000 | 59 | 94 |
| FURNITURE AND FIXTURES | 2005-11-09 | 274 | 212 | 200DB | 7.000000000000 | 24 | 39 |
| RUG | 2006-10-26 | 482 | 305 | 200DB | 7.000000000000 | 43 | 69 |
| BUILDING IMPROVEMENTS | 2006-11-01 | 4857 | 391 | SL | 39.000000000000 | 125 | 125 |
| BUILDING IMPROVEMENTS | 2006-12-11 | 2113 | 164 | SL | 39.000000000000 | 54 | 54 |
| BUILDING IMPROVEMENTS | 2007-01-17 | 4965 | 376 | SL | 39.000000000000 | 127 | 127 |
| BUILDING IMPROVEMENTS | 2007-03-02 | 5514 | 394 | SL | 39.000000000000 | 141 | 141 |
| BUILDING IMPROVEMENTS | 2007-03-19 | 2630 | 187 | SL | 39.000000000000 | 67 | 67 |
| BUILDING IMPROVEMENTS | 2007-04-02 | 2893 | 201 | SL | 39.000000000000 | 74 | 74 |
| FURNITURE AND FIXTURES | 2007-04-30 | 669 | 240 | SL | 7.000000000000 | 96 | 96 |
| FURNITURE AND FIXTURES | 2007-05-15 | 880 | 315 | SL | 7.000000000000 | 126 | 126 |
| BUILDING IMPROVEMENTS | 2007-10-23 | 8750 | 495 | SL | 39.000000000000 | 224 | 224 |
| FURNITURE AND FIXTURES | 2007-01-30 | 1055 | 377 | SL | 7.000000000000 | 151 | 151 |
| EQUIPMENT | 2007-01-04 | 947 | 473 | SL | 5.000000000000 | 189 | 189 |
| PASTURE FENCES | 2007-06-30 | 42945 | 15338 | SL | 7.000000000000 | 6135 | 6135 |
| BUILDING IMPROVEMENTS | 2008-01-01 | 7264 | 364 | SL | 39.000000000000 | 186 | 186 |
| COMPUTER | 2008-09-08 | 2386 | 2196 | 200DB | 5.000000000000 | 190 | 190 |
| BUILDING IMPROVEMENTS | 2008-02-07 | 4872 | 234 | SL | 39.000000000000 | 125 | 125 |
| BUILDING IMPROVEMENTS | 2008-03-05 | 4861 | 224 | SL | 39.000000000000 | 125 | 125 |
| BUILDING IMPROVEMENTS | 2008-04-29 | 2361 | 104 | SL | 39.000000000000 | 61 | 61 |
| BUILDING IMPROVEMENTS | 2008-08-28 | 1530 | 54 | SL | 39.000000000000 | 39 | 39 |
| CARPET | 2009-01-26 | 894 | 64 | SL | 7.000000000000 | 128 | 128 |
| CARPET | 2009-02-26 | 357 | 26 | SL | 7.000000000000 | 51 | 51 |
| LAPTOP | 2009-03-04 | 418 | 42 | SL | 5.000000000000 | 84 | 84 |
| PRINTERS | 2009-12-21 | 379 | 38 | SL | 5.000000000000 | 76 | 76 |
| OFFICE IMPROVEMENTS | 2009-07-01 | 18687 | 220 | SL | 39.000000000000 | 479 | 479 |
| DELL DESKTOP COMPUTER | 2010-10-14 | 907 | SL | 5.000000000000 | 23 | 0 | |
| KYOCERA COLOR COPIER | 2010-11-19 | 5245 | SL | 5.000000000000 | 131 | 0 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corp Stock InvestmentsCorpStock
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Stock | WACHOVIA INVESTMENTS | NameOfStock |
| EOY Book Value | 1055966 | EOYBookValue |
| EOYFMV | 1382232 | EOYFMV |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Securities EOY Book Value | 92929 | USGovtSecuritiesEOYBookValue |
| US Govt Securities EOYFMV | 92929 | USGovtSecuritiesEOYFMV |
| State Local Securities EOY Book Val | 0 | StateLocalSecuritiesEOYBookVal |
| State Local Securities EOYFMV | 0 | StateLocalSecuritiesEOYFMV |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtc (33 entries)
| Category Or ItemCategoryOrItem | Cost Or Other BasisCostOrOtherBasis | Accumulated DepreciationAccumulatedDepreciation | EOYFMVEOYFMV | Book ValueBookValue |
|---|---|---|---|---|
| SULLIVAN FURNITURE/REPAIRS | 50949 | 50949 | 0 | |
| EQUIPMENT | 5440 | 5440 | 0 | |
| EQUIPMENT | 8041 | 8041 | 0 | |
| SULLIVAN REPAIRS | 67391 | 67391 | 0 | |
| BUILDING IMPROVEMENTS | 2860 | 2476 | 0 | 384 |
| FURNITURE AND FIXTURES | 657 | 570 | 0 | 87 |
| FURNITURE AND FIXTURES | 274 | 236 | 0 | 38 |
| RUG | 482 | 348 | 0 | 134 |
| BUILDING IMPROVEMENTS | 4857 | 516 | 0 | 4341 |
| BUILDING IMPROVEMENTS | 2113 | 218 | 0 | 1895 |
| BUILDING IMPROVEMENTS | 4965 | 503 | 0 | 4462 |
| BUILDING IMPROVEMENTS | 5514 | 535 | 0 | 4979 |
| BUILDING IMPROVEMENTS | 2630 | 254 | 0 | 2376 |
| BUILDING IMPROVEMENTS | 2893 | 275 | 0 | 2618 |
| FURNITURE AND FIXTURES | 669 | 336 | 0 | 333 |
| FURNITURE AND FIXTURES | 880 | 441 | 0 | 439 |
| BUILDING IMPROVEMENTS | 8750 | 719 | 0 | 8031 |
| FURNITURE AND FIXTURES | 1055 | 528 | 0 | 527 |
| EQUIPMENT | 947 | 662 | 0 | 285 |
| PASTURE FENCES | 42945 | 21473 | 0 | 21472 |
| BUILDING IMPROVEMENTS | 7264 | 550 | 0 | 6714 |
| COMPUTER | 2386 | 2386 | 0 | |
| BUILDING IMPROVEMENTS | 4872 | 359 | 0 | 4513 |
| BUILDING IMPROVEMENTS | 4861 | 349 | 0 | 4512 |
| BUILDING IMPROVEMENTS | 2361 | 165 | 0 | 2196 |
| BUILDING IMPROVEMENTS | 1530 | 93 | 0 | 1437 |
| CARPET | 894 | 192 | 0 | 702 |
| CARPET | 357 | 77 | 0 | 280 |
| LAPTOP | 418 | 126 | 0 | 292 |
| PRINTERS | 379 | 114 | 0 | 265 |
| OFFICE IMPROVEMENTS | 18687 | 699 | 0 | 17988 |
| DELL DESKTOP COMPUTER | 907 | 23 | 0 | 884 |
| KYOCERA COLOR COPIER | 5245 | 131 | 0 | 5114 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses OtherExpenses (21 entries)
| DescriptionDescription | Revenue And Expenses Per BooksRevenueAndExpensesPerBooks | Net Investment IncomeNetInvestmentIncome | Disbursements Charitable PrpsDisbursementsCharitablePrps |
|---|---|---|---|
| ELECTRICITY | 2130 | 639 | 1491 |
| HEAT | 4377 | 1313 | 3064 |
| GAS AND OIL | 162 | 49 | 113 |
| WATER EXPENSE | 215 | 65 | 151 |
| TELEPHONE EXPENSE | 5552 | 1666 | 3886 |
| MEALS AND ENTERTAINMENT | 50 | 15 | 35 |
| REPAIRS AND MAINTENANCE | 6501 | 1950 | 4551 |
| DUES AND SUBSCRIPTIONS | 45 | 14 | 32 |
| INSURANCE | 1926 | 578 | 1348 |
| INTERNET ACCESS | 565 | 170 | 395 |
| JANITORIAL EXPENSE | 3382 | 1015 | 2367 |
| SNOW PLOWING | 715 | 215 | 501 |
| OFFICE EXPENSE | 10995 | 3298 | 7697 |
| POSTAGE EXPENSE | 1091 | 327 | 764 |
| PAYROLL FEES | 1303 | 391 | 912 |
| LEGAL FEES | 57720 | 51948 | 5772 |
| TAX PREP AND ACCOUNTING FEES | 75 | 23 | 52 |
| INVESTMENT EXPENSES | 5794 | 1738 | 4056 |
| SULLIVAN EXPENSES | 22661 | 6798 | 15863 |
| BANK FEES | 458 | 137 | 321 |
| EQUIPMENT RENTAL | 1032 | 310 | 722 |
Taxes Schedule TaxesSchedule
Taxes Taxes (3 entries)
| CategoryCategory | AmountAmount | Net Investment IncomeNetInvestmentIncome | Disbursements Charitable PrpsDisbursementsCharitablePrps |
|---|---|---|---|
| FOREIGN TAXES PAID | $66 | 20 | 46 |
| PAYROLL TAXES | $3,019 | 906 | 2113 |
| TAXES REAL ESTATE | $3,750 | 1125 | 2625 |
Comments