HICKS CHARITABLE FOUNDATION: Form 990PF, tax year 2017

View the entire original 990 at ProPublica ↗

Organization: HICKS CHARITABLE FOUNDATION (EIN 59-1947616)
Tax period: 2017-04-01 to 2018-03-31
Filed: 2018-09-10
IRS object ID: 201802539349100010
Schema version: 2017v2.2
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
Schedule B
Gain Loss Sale Other Assets Sch
Other Expenses Schedule
Other Expenses Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2018-09-10T14:16:08-04:00	ReturnTs
Tax Period End	2018-03-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	FRAZIER & FRAZIER ATTYS AT	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	1515 RIVERSIDE AVE STE A	AddressLine1Txt
City	JACKSONVILLE	CityNm
State Abbreviation	FL	StateAbbreviationCd
ZIP	32204	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2017-04-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	591947616	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	HICKS CHARITABLE FOUNDATION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	HICK	BusinessNameControlTxt
Phone	9043587932	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	4705 ORTEGA BOULEVARD	AddressLine1Txt
City	JACKSONVILLE	CityNm
State Abbreviation	FL	StateAbbreviationCd
ZIP	32210	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	W ROBINSON FRAZIER	PersonNm
Person Title	TRUSTEE	PersonTitleTxt
Signature	2018-09-10	SignatureDt

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	W ROBINSON FRAZIER	PreparerPersonNm
PTIN	P00029166	PTIN
Preparation	2018-09-10	PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

Field	Value	IRS element (for citing)
I Pv4 Address	50.79.85.130	IPv4AddressTxt

Field	Value	IRS element (for citing)
Federal Original Submission Id	5018702018194h000056	FederalOriginalSubmissionId
Federal Original Submission Id	2018-09-10	FederalOriginalSubmissionIdDt
Filing License Type	P	FilingLicenseTypeCd
At Submission Creation Device Id	28C0DE4825D503F70E4AC8839FC0E596B51B5CFA	AtSubmissionCreationDeviceId
At Submission Filing Device Id	28C0DE4825D503F70E4AC8839FC0E596B51B5CFA	AtSubmissionFilingDeviceId

Field	Value	IRS element (for citing)
Tax	2017	TaxYr
Build TS	2018-06-14 16:35:46Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$610,241	FMVAssetsEOYAmt
Method Of Accounting Cash	Yes (X)	MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Contri Rcvd Rev And Expnss	$1,004,250	ContriRcvdRevAndExpnssAmt
Dividends Rev And Expnss	$819	DividendsRevAndExpnssAmt
Net Gain Sale Ast Rev And Expnss	$965,282	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$1,004,250	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$965,282	CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss	$1,970,351	TotalRevAndExpnssAmt
Total Net Invst Incm	$965,282	TotalNetInvstIncmAmt
Legal Fees Rev And Expnss	$4,700	LegalFeesRevAndExpnssAmt
Legal Fees Dsbrs Chrtbl	$4,700	LegalFeesDsbrsChrtblAmt
Other Expenses Rev And Expnss	$162	OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm	$162	OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss	$4,862	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$162	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$4,700	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$403,541	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$403,541	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$408,403	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$162	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$408,241	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	$1,561,948	ExcessRevenueOverExpensesAmt
Net Investment Income	$965,120	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Sav And Temp Cash Invst BOY	$13,574	SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY	$610,241	SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV	$610,241	SavAndTempCashInvstEOYFMVAmt
Total Assets BOY	$13,574	TotalAssetsBOYAmt
Total Assets EOY	$610,241	TotalAssetsEOYAmt
Total Assets EOYFMV	$610,241	TotalAssetsEOYFMVAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117	Yes (X)	OrgDoesNotFollowSFAS117Ind
Capital Stock BOY	$13,574	CapitalStockBOYAmt
Capital Stock EOY	$610,241	CapitalStockEOYAmt
Tot Net Ast Or Fund Balances BOY	$13,574	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$610,241	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$13,574	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$610,241	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$13,574	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	$1,561,948	ExcessRevenueOverExpensesAmt
Other Increases	$1	OtherIncreasesAmt
Subtotal	$1,575,523	SubtotalAmt
Tot Net Ast Or Fund Balances EOY	$1,575,523	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

Field	Value	IRS element (for citing)
Property	51,500 shares of EverBank common stock	PropertyDesc
How Acquired	D	HowAcquiredCd
Acquired	1998-08-31	AcquiredDt
Sold	2017-06-12	SoldDt
Gross Sales Price	$1,004,250	GrossSalesPriceAmt
Cost Or Other Basis	$38,968	CostOrOtherBasisAmt
Gain Or Loss	$965,282	GainOrLossAmt
Gains Minus Excess Or Losses	$965,282	GainsMinusExcessOrLossesAmt

Field	Value	IRS element (for citing)
Capital Gain Net Income	$965,282	CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

Field	Value	IRS element (for citing)
Adjusted Qlfy Distri Yr1	$299,442	AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1	$166,629	NetVlNoncharitableAssetsYr1Amt
Distribution Yr1	1.000000	DistributionYr1Rt
Adjusted Qlfy Distri Yr2	$267,438	AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2	$194,923	NetVlNoncharitableAssetsYr2Amt
Distribution Yr2	1.000000	DistributionYr2Rt
Adjusted Qlfy Distri Yr3	$272,091	AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3	$443,630	NetVlNoncharitableAssetsYr3Amt
Distribution Yr3	0.613329	DistributionYr3Rt
Adjusted Qlfy Distri Yr4	$259,318	AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4	$723,524	NetVlNoncharitableAssetsYr4Amt
Distribution Yr4	0.358410	DistributionYr4Rt
Adjusted Qlfy Distri Yr5	$191,062	AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5	$353,612	NetVlNoncharitableAssetsYr5Amt
Distribution Yr5	0.540315	DistributionYr5Rt
Total Distribution	3.512054	TotalDistributionRt
Average Distribution	0.702411	AverageDistributionRt
Net Vl Noncharitable Assets	$650,739	NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets	$457,086	AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct	$9,651	NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct	$466,737	AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions	$408,241	QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$19,302	InvestmentIncomeExciseTaxAmt
Subtotal	$19,302	SubtotalAmt
Tax Based On Investment Income	$19,302	TaxBasedOnInvestmentIncomeAmt
Extsn Request Income Tax Paid	$19,302	ExtsnRequestIncomeTaxPaidAmt
Total Payments And Credits	$19,302	TotalPaymentsAndCreditsAmt

Statements Regarding Acty StatementsRegardingActyGrp

Field	Value	IRS element (for citing)
Section508e Rqr Satisfied	Yes (true)	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (true)	AtLeast5000InAssetsInd
Org Report Or Register State	FL	OrgReportOrRegisterStateCd
Form990 PF Filed With Atty Gen	Yes (true)	Form990PFFiledWithAttyGenInd
New Substantial Contributors	false	NewSubstantialContributorsInd
Comply With Public Insp Rqr	Yes (true)	ComplyWithPublicInspRqrInd
Individual With Books	DAVID M HICKS TRUSTEE	IndividualWithBooksNm
Phone	9043887251	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	4705 ORTEGA BOULEVARD	AddressLine1Txt
City	JACKSONVILLE	CityNm
State Abbreviation	FL	StateAbbreviationCd
ZIP	32210	ZIPCd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	TitleTitleTxt	Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt	CompensationCompensationAmt
DAVID M HICKS
4705 ORTEGA BLVD	JACKSONVILLE	FL	32210	TRUSTEE	1	$0
ANN C HICKS
4705 ORTEGA BLVD	JACKSONVILLE	FL	32210	TRUSTEE	1	$0
W ROBINSON FRAZIER
1515 RIVERSIDE AVE-STE A	JACKSONVILLE	FL	32204	TRUSTEE	0	$0

Field	Value	IRS element (for citing)
Comp Of Hghst Pd Empl Or NONE	NONE	CompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONE	NONE	CompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Field	Value	IRS element (for citing)
Description1	NOT APPLICABLE	Description1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$0	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$660,649	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$660,649	TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast	$660,649	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$9,910	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$650,739	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$32,537	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$32,537	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$19,302	TaxBasedOnInvestmentIncomeAmt
Total Tax	$19,302	TotalTaxAmt
Distributable Before Adj	$13,235	DistributableBeforeAdjAmt
Distributable Before Ded	$13,235	DistributableBeforeDedAmt
Distributable As Adjusted	$13,235	DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$408,241	ExpensesAndContributionsAmt
Qualifying Distributions	$408,241	QualifyingDistributionsAmt
Adjusted Qualifying Distri	$408,241	AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$13,235	DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5	$1,892,454	ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4	$3,349,313	ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3	$249,909	ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2	$257,692	ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1	$291,111	ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov	$6,040,479	TotalExcessDistributionCyovAmt
Qualifying Distributions	$408,241	QualifyingDistributionsAmt
Applied To Current Year	$13,235	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$395,006	RemainingDistriFromCorpusAmt
Total Corpus	$6,435,485	TotalCorpusAmt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5	$1,892,454	ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr	$4,543,031	ExcessDistriCyovToNextYrAmt
Excess From Year4	$3,349,313	ExcessFromYear4Amt
Excess From Year3	$249,909	ExcessFromYear3Amt
Excess From Year2	$257,692	ExcessFromYear2Amt
Excess From Year1	$291,111	ExcessFromYear1Amt
Excess From Current Year	$395,006	ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Contributing Manager	ANN C HICKS	ContributingManagerNm
Shareholder Manager	NONE	ShareholderManagerNm
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (22 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
UNITED WAY OF NE FL
1301 RIVERPLACE BLVD	JACKSONVILLE	FL	32207	501C3	GENERAL USE	$50,000
KIPP JACKSONVILLE
2525 W 1st STREET	JACKSONVILLE	FL	32254	501C3	GENERAL USE	$50,000
JAX SYMPHONY ORCHESTRA
300 WATER ST STE 200	JACKSONVILLE	FL	32202	501C3	GENERAL USE	$12,500
CUMMER MUSEUM
829 RIVERSIDE AVE	JACKSONVILLE	FL	32204	501C3	GENERAL USE	$10,000
GREENSCAPE OF JAX
1468 HENDRICKS AVE	JACKSONVILLE	FL	32207	501C3	GENERAL USE	$1,000
BRAVO VAIL
2271 N FRONTAGE RD W	VAIL	CO	81657	501C3	GENERAL USE	$15,000
WOLFSONS CHILDRENS HOSP
800 PRUDENTIAL DR	JACKSONVILLE	FL	32207	501C3	GENERAL USE	$300
TIGER ACADEMY
6079 BAGLEY ROAD	JACKSONVILLE	FL	32209	501C3	GENERAL USE	$5,000
WJCT
100 FESTIVAL PARK AVE	JACKSONVILLE	FL	32202	501C3	GENERAL USE	$1,000
MEMORIAL PARK
1650-302 MARGARET ST	JACKSONVILLE	FL	32204	501C3	GENERAL USE	$5,000
SULZBACHER CENTER
611 EAST ADAMS ST	JACKSONVILLE	FL	32202	501C3	GENERAL USE	$200
JAX SYMPHONY ORCHESTRA
300 WATER ST STE 200	JACKSONVILLE	FL	32202	501C3	GENERAL USE	$1,500
JAX PUBLIC EDUCATION
40 E ADAMS ST STE 110	JACKSONVILLE	FL	32202	501C3	GENERAL USE	$80,000
DOUGLAS ANDERSON SCHOOL
2445 SAN DIEGO ROAD	JACKSONVILLE	FL	32207	501C3	GENERAL USE	$5,000
JUNIOR LEAGUE OF JAX
2165 PARK STREET	JACKSONVILLE	FL	32204	501C3	GENERAL USE	$1,000
JAX PUBLIC EDUCATION
40 E ADAMS ST STE 110	JACKSONVILLE	FL	32202	501C3	GENERAL USE	$1,000
ST JOHNS RIVERKEEPER
2800 UNIVERSITY BLVD N	JACKSONVILLE	FL	32211	501C3	GENERAL USE	$6,873
SALVATION ARMY NORTH FL
328 NORTH OCEAN ST	JACKSONVILLE	FL	32202	501C3	GENERAL USE	$99,568
ST JOHNS CATHEDRAL
256 E CHURCH STREET	JACKSONVILLE	FL	32202	501C3	GENERAL USE	$50,000
JAX PUBLIC EDUCATION
40 E ADAMS ST STE 110	JACKSONVILLE	FL	32202	501C3	GENERAL USE	$1,000
CATHEDRAL ARTS PROJECT
207 N LAURA STREET	JACKSONVILLE	FL	32202	501C3	GENERAL USE	$500
CUMMER MUSEUM
829 RIVERSIDE AVENUE	JACKSONVILLE	FL	32204	501C3	GENERAL USE	$5,000

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$403,541	TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$819	ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Exclusion	18	ExclusionCd
Exclusion	$965,282	ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Exclusion	$966,101	ExclusionAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$966,101	TotalIncomeProducingActyAmt

Schedule B IRS990ScheduleB

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
General Rule	Yes (X)	GeneralRuleInd

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	1	ContributorNum
Contributor Person	ANN C HICKS	ContributorPersonNm

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	4705 ORTEGA BOULEVARD	AddressLine1Txt
City	JACKSONVILLE	CityNm
State Abbreviation	FL	StateAbbreviationCd
ZIP	32210	ZIPCd

Field	Value	IRS element (for citing)
Total Contributions	$1,004,250	TotalContributionsAmt
Person Contribution	Yes (X)	PersonContributionInd

Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch

Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp

Field	Value	IRS element (for citing)
Asset	51,500 shares of EverBank common stock	AssetDesc
Acquired	2017-06	AcquiredDt
How Acquired	DONATION	HowAcquiredTxt
Sold	2017-06	SoldDt

Purchaser Name PurchaserNameGrp

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	OPEN MARKET	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Gross Sales Price	$1,004,250	GrossSalesPriceAmt
Basis	$38,968	BasisAmt
Basis Method	TRANSFERRED BASIS	BasisMethodTxt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp

Field	Value	IRS element (for citing)
Desc	ANNUAL BANK FEE CHARGE	Desc
Revenue And Expenses Per Books	$150	RevenueAndExpensesPerBooksAmt
Net Investment Income	$150	NetInvestmentIncomeAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp

Field	Value	IRS element (for citing)
Desc	STOP PAYMENT FEE - UBS 1-16-18	Desc
Revenue And Expenses Per Books	$12	RevenueAndExpensesPerBooksAmt
Net Investment Income	$12	NetInvestmentIncomeAmt