ALBERT JAY MARTIN FAMILY FOUNDATION: Form 990PF, tax year 2016

View the entire original 990 at ProPublica ↗

Organization: ALBERT JAY MARTIN FAMILY FOUNDATION (EIN 62-6345910)
Tax period: 2016-12-01 to 2017-11-30
Filed: 2018-10-15
IRS object ID: 201842889349100334
Schema version: 2016v3.1
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
Accounting Fees Schedule
All Oth Prog Rltd Investments Sch
Depreciation Schedule
Investments Corp Bonds Schedule
Investments Corp Stock Schedule
Investments Other Schedule2
Other Assets Schedule
Other Decreases Schedule
Other Expenses Schedule
Other Income Schedule2
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2018-10-15T11:54:22-05:00	ReturnTs
Tax Period End	2017-11-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	MAX A PIWONKA CPA	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	5100 WHEELIS DRIVE SUITE 106	AddressLine1Txt
City	MEMPHIS	CityNm
State Abbreviation	TN	StateAbbreviationCd
ZIP	38117	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2016-12-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	626345910	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	THE ALBERT JAY MARTIN FAMILY FOUNDATION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
In Care Of	% PATTY STRINGER	InCareOfNm
Business Name Control	ALBE	BusinessNameControlTxt
Phone	9018503008	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	140 CRESCENT DRIVE	AddressLine1Txt
City	COLLIERVILLE	CityNm
State Abbreviation	TN	StateAbbreviationCd
ZIP	38017	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	ALBERT JAY MARTIN	PersonNm
Person Title	TRUSTEE	PersonTitleTxt
Phone	9018503000	PhoneNum
Signature	2018-10-15	SignatureDt

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	MAX A PIWONKA	PreparerPersonNm
PTIN	P00710649	PTIN
Phone	9014919863	PhoneNum
Self Employed	Yes (X)	SelfEmployedInd

Filing Security Information FilingSecurityInformation

IP Address IPAddress

Field	Value	IRS element (for citing)
I Pv4 Address	96.94.198.137	IPv4AddressTxt

Field	Value	IRS element (for citing)
Federal Original Submission Id	62420720182885000001	FederalOriginalSubmissionId
Federal Original Submission Id	2018-10-15	FederalOriginalSubmissionIdDt
Filing License Type	P	FilingLicenseTypeCd
At Submission Creation Device Id	7DE8390EECA63A3F6190546D8AAC7E8E54476E04	AtSubmissionCreationDeviceId
At Submission Filing Device Id	7DE8390EECA63A3F6190546D8AAC7E8E54476E04	AtSubmissionFilingDeviceId

Field	Value	IRS element (for citing)
Tax	2016	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	$3,483,533	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	$2,934,350	ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss	$311	InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm	$311	InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss	$64,307	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$64,307	DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss	$995,421	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$2,286,101	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$995,421	CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss	-$10,633	OtherIncomeRevAndExpnssAmt
Total Rev And Expnss	$3,983,756	TotalRevAndExpnssAmt
Total Net Invst Incm	$1,060,039	TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss	$0	CompOfcrDirTrstRevAndExpnssAmt
Accounting Fees Rev And Expnss	$3,610	AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm	$3,610	AccountingFeesNetInvstIncmAmt
Accounting Fees Adj Net Incm	$0	AccountingFeesAdjNetIncmAmt
Accounting Fees Chrtbl Prps	$0	AccountingFeesChrtblPrpsAmt
Interest Rev And Expnss	$2,083	InterestRevAndExpnssAmt
Interest Net Invst Incm	$2,083	InterestNetInvstIncmAmt
Taxes Rev And Expnss	$283	TaxesRevAndExpnssAmt
Other Expenses Rev And Expnss	$26,894	OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm	$26,863	OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss	$32,870	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$32,556	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm	$0	TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$0	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$1,422,551	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$1,422,551	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$1,455,421	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$32,556	TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm	$0	TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl	$1,422,551	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	$2,528,335	ExcessRevenueOverExpensesAmt
Net Investment Income	$1,027,483	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	-$75,743	CashBOYAmt
Cash EOY	$832,688	CashEOYAmt
Corporate Stock BOY	$1,331,868	CorporateStockBOYAmt
Corporate Stock EOY	$1,973,892	CorporateStockEOYAmt
Corporate Stock EOYFMV	$3,263,152	CorporateStockEOYFMVAmt
Corporate Bonds BOY	$395,660	CorporateBondsBOYAmt
Corporate Bonds EOY	$205,110	CorporateBondsEOYAmt
Corporate Bonds EOYFMV	$181,381	CorporateBondsEOYFMVAmt
Other Investments BOY	$76,773	OtherInvestmentsBOYAmt
Other Investments EOY	$61,973	OtherInvestmentsEOYAmt
Other Investments EOYFMV	$39,000	OtherInvestmentsEOYFMVAmt
Other Assets BOY	$6,663	OtherAssetsBOYAmt
Other Assets EOY	$796	OtherAssetsEOYAmt
Total Assets BOY	$1,735,221	TotalAssetsBOYAmt
Total Assets EOY	$3,074,459	TotalAssetsEOYAmt
Total Assets EOYFMV	$3,483,533	TotalAssetsEOYFMVAmt
Total Liabilities BOY	$0	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117	Yes (X)	OrgDoesNotFollowSFAS117Ind
Capital Stock BOY	$1,735,221	CapitalStockBOYAmt
Capital Stock EOY	$3,074,959	CapitalStockEOYAmt
Tot Net Ast Or Fund Balances BOY	$1,735,221	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$3,074,959	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$1,735,221	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$3,074,959	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$1,735,221	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	$2,528,335	ExcessRevenueOverExpensesAmt
Subtotal	$4,263,556	SubtotalAmt
Other Decreases	$1,188,597	OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY	$3,074,959	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (26 entries)

PropertyPropertyDesc	How AcquiredHowAcquiredCd	AcquiredAcquiredDt	SoldSoldDt	Gross Sales PriceGrossSalesPriceAmt	Cost Or Other BasisCostOrOtherBasisAmt	Gain Or LossGainOrLossAmt	Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
609 SHS THE KRAFT HEINZ CO.	D	2014-04-22	2016-12-21	$52,795	$34,588	$18,207	$18,207
1000 SHS SCANA CORP.	D	2012-06-19	2016-12-21	$74,323	$48,108	$26,215	$26,215
500 SHS JOHNSON & JOHNSON	D	2011-08-26	2017-04-17	$60,962	$32,317	$28,645	$28,645
1000 SHS JOHNSON & JOHNSON	D	2012-02-23	2017-04-17	$121,924	$65,335	$56,589	$56,589
5000 SHS MICROSOFT CORP.	D	2015-02-18	2017-06-06	$362,797	$217,517	$145,280	$145,280
.727 SH BRIGHTHOUSE FINANCIAL INC.	D	2013-04-29	2017-08-08	$44	$33	$11	$11
272 SHS BRIGHTHOUSE FINANCIAL INC.	D	2013-04-29	2017-08-08	$16,131	$12,238	$3,893	$3,893
1000 SHS APPLE INC.	D	2014-01-31	2017-10-24	$156,731	$71,438	$85,293	$85,293
7500 SHS BANK OF AMERICA CORP.	D	2016-07-13	2017-10-24	$207,993	$100,621	$107,372	$107,372
2000 SHS PAYPAL HOLDINGS INC.	D	2014-07-10	2017-10-24	$140,129	$62,207	$77,922	$77,922
1000 SHS PAYPAL HOLDINGS INC.	D	2014-08-14	2017-10-24	$70,064	$32,180	$37,884	$37,884
1000 SHS PAYPAL HOLDINGS INC.	D	2014-10-29	2017-10-24	$70,064	$31,093	$38,971	$38,971
490 SHS APPLE INC.	D	2013-02-21	2017-06-28	$70,534	$32,843	$37,691	$37,691
665 SHS BROADCOM LIMITED		2014-09-25	2017-06-28	$157,329	$57,289	$100,040	$100,040
600 SHS MID-AMERICA APARTMENT COMMUNITIES	D	2007-08-01	2017-06-28	$64,097	$26,787	$37,310	$37,310
1200 SHS TEXAS CAPITAL BANCSHARES	D	2013-03-24	2017-06-28	$89,578	$49,961	$39,617	$39,617
990 SHS SKYWORKS SOLUTIONS INC.	D	2014-09-25	2017-06-28	$97,750	$56,976	$40,774	$40,774
5000 SHS CATCHMARK TIMBER TRUST	D	2013-12-17	2017-06-28	$56,749	$67,500	-$10,751	-$10,751
20 SHS ALPHABET INC - CLASS C	D	2013-02-15	2017-09-28	$18,534	$7,919	$10,615	$10,615
246 SHS DOLLAR GENERAL CORP.	D	2013-02-15	2017-09-28	$19,591	$11,273	$8,318	$8,318
20 SHS ALPHABET INC. - CLASS A	D	2013-02-15	2017-09-28	$18,798	$7,881	$10,917	$10,917
200 SHS MID-AMERICA APARTMENT COMMUNITIES	D	2007-08-01	2017-09-28	$21,484	$8,929	$12,555	$12,555
440 SHS COGNIZANT TECH SOLUTIONS - CLASS A	D	2013-02-15	2017-09-28	$31,605	$16,912	$14,693	$14,693
1000 SHS CLAYMORE ETF TRUST	D	2013-09-10	2017-09-28	$40,883	$30,458	$10,425	$10,425
35 SHS AMAZON	D	2015-09-01	2017-09-28	$32,926	$17,727	$15,199	$15,199
185M RAYMOND JAMES TOTAL RETURN CLOSED END FUND	D	2015-07-29	2017-10-01	$232,286	$190,550	$41,736	$41,736

Field	Value	IRS element (for citing)
Capital Gain Net Income	$995,421	CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

Field	Value	IRS element (for citing)
Liable Section4942 Tax	false	LiableSection4942TaxInd
Adjusted Qlfy Distri Yr1	$1,330,545	AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1	$2,797,638	NetVlNoncharitableAssetsYr1Amt
Distribution Yr1	0.475596	DistributionYr1Rt
Adjusted Qlfy Distri Yr2	$1,284,958	AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2	$3,296,169	NetVlNoncharitableAssetsYr2Amt
Distribution Yr2	0.389834	DistributionYr2Rt
Adjusted Qlfy Distri Yr3	$2,043,885	AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3	$3,397,777	NetVlNoncharitableAssetsYr3Amt
Distribution Yr3	0.601536	DistributionYr3Rt
Adjusted Qlfy Distri Yr4	$1,253,367	AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4	$3,048,385	NetVlNoncharitableAssetsYr4Amt
Distribution Yr4	0.411158	DistributionYr4Rt
Adjusted Qlfy Distri Yr5	$709,375	AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5	$3,438,100	NetVlNoncharitableAssetsYr5Amt
Distribution Yr5	0.206328	DistributionYr5Rt
Total Distribution	2.084452	TotalDistributionRt
Average Distribution	0.41689	AverageDistributionRt
Net Vl Noncharitable Assets	$3,399,629	NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets	$1,417,271	AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct	$10,275	NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct	$1,427,546	AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions	$1,422,551	QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$20,550	InvestmentIncomeExciseTaxAmt
Subtotal	$20,550	SubtotalAmt
Tax Based On Investment Income	$20,550	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$796	EstimatedPlusOvpmtIncmTxAmt
Applied To Es Tax	$12,000	AppliedToEsTaxAmt
Total Payments And Credits	$12,796	TotalPaymentsAndCreditsAmt
Tax Due	$7,754	TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

Field	Value	IRS element (for citing)
Legislative Political Acty	false	LegislativePoliticalActyInd
More Than100 Spent	false	MoreThan100SpentInd
Form1120 POL Filed	false	Form1120POLFiledInd
Activities Not Previously Rpt	false	ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws	false	ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit	Yes (true)	UnrelatedBusIncmOverLimitInd
Form990 T Filed	Yes (true)	Form990TFiledInd
Organization Dissolved Etc	false	OrganizationDissolvedEtcInd
Section508e Rqr Satisfied	Yes (true)	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (true)	AtLeast5000InAssetsInd
Org Report Or Register State	TN	OrgReportOrRegisterStateCd
Form990 PF Filed With Atty Gen	Yes (true)	Form990PFFiledWithAttyGenInd
Private Operating Foundation	false	PrivateOperatingFoundationInd
New Substantial Contributors	false	NewSubstantialContributorsInd
Own Controlled Entity	false	OwnControlledEntityInd
Donor Advised Fund	false	DonorAdvisedFundInd
Comply With Public Insp Rqr	Yes (true)	ComplyWithPublicInspRqrInd

Persons With Books Name PersonsWithBooksName

Field	Value	IRS element (for citing)
Business Name Line1	PATTY STRINGER	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	9018503008	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	140 CRESCENT DRIVE	AddressLine1Txt
City	COLLIERVILLE	CityNm
State Abbreviation	TN	StateAbbreviationCd
ZIP	38017	ZIPCd

Field	Value	IRS element (for citing)
Foreign Accounts Question	false	ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Field	Value	IRS element (for citing)
Sale Or Exch Disqualified Prsn	false	SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn	false	BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn	false	FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn	false	PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn	false	TransferAstDisqualifiedPrsnInd
Payment To Government Official	false	PaymentToGovernmentOfficialInd
Uncorrected Prior Acts	false	UncorrectedPriorActsInd
Undistributed Income PY	false	UndistributedIncomePYInd
Business Holdings	false	BusinessHoldingsInd
Jeopardy Investments	false	JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst	false	UncorrectedPYJeopardyInvstInd
Influence Legislation	false	InfluenceLegislationInd
Influence Election	false	InfluenceElectionInd
Grants To Individuals	false	GrantsToIndividualsInd
Grants To Organizations	false	GrantsToOrganizationsInd
Noncharitable Purpose	false	NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Proceeds Or Net Income	false	ProceedsOrNetIncomeInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp

Field	Value	IRS element (for citing)
Person	ALBERT JAY MARTIN	PersonNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	2937 JOHNSON ROAD	AddressLine1Txt
City	COLLIERVILLE	CityNm
State Abbreviation	TN	StateAbbreviationCd
ZIP	38017	ZIPCd

Field	Value	IRS element (for citing)
Title	TRUSTEE/BOARD MEMBER	TitleTxt
Average Hrs Per Wk Devoted To Pos	0	AverageHrsPerWkDevotedToPosRt
Compensation	$0	CompensationAmt
Employee Benefit Program	$0	EmployeeBenefitProgramAmt
Expense Account Other Allwnc	$0	ExpenseAccountOtherAllwncAmt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

Field	Value	IRS element (for citing)
Description1	NONE	Description1Txt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Field	Value	IRS element (for citing)
Description1	NONE	Description1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$3,128,321	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$323,079	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$3,451,400	TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness	$0	AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast	$3,451,400	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$51,771	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$3,399,629	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$169,981	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$169,981	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$20,550	TaxBasedOnInvestmentIncomeAmt
Total Tax	$20,550	TotalTaxAmt
Distributable Before Adj	$149,431	DistributableBeforeAdjAmt
Distributable Before Ded	$149,431	DistributableBeforeDedAmt
Distributable As Adjusted	$149,431	DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$1,422,551	ExpensesAndContributionsAmt
Program Related Invst Total	$0	ProgramRelatedInvstTotalAmt
Charitable Assets Acquis Paid	$0	CharitableAssetsAcquisPaidAmt
Set Aside Suitability Test	$0	SetAsideSuitabilityTestAmt
Set Aside Cash Distri Test	$0	SetAsideCashDistriTestAmt
Qualifying Distributions	$1,422,551	QualifyingDistributionsAmt
Adjusted Qualifying Distri	$1,422,551	AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$149,431	DistributableAsAdjustedAmt
Undistributed Income PY	$0	UndistributedIncomePYAmt
Prior Year1	2014	PriorYear1Yr
Prior Year2	2013	PriorYear2Yr
Prior Year3	2012	PriorYear3Yr
Total For Prior Years	$0	TotalForPriorYearsAmt
Excess Distribution Cyov Yr5	$542,119	ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4	$1,104,668	ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3	$1,887,928	ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2	$1,131,828	ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1	$1,198,377	ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov	$5,864,920	TotalExcessDistributionCyovAmt
Qualifying Distributions	$1,422,551	QualifyingDistributionsAmt
Applied To Year1	$0	AppliedToYear1Amt
Applied To Current Year	$149,431	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$1,273,120	RemainingDistriFromCorpusAmt
Total Corpus	$7,138,040	TotalCorpusAmt
Prior Year Undistributed Incm	$0	PriorYearUndistributedIncmAmt
Taxable1	$0	Taxable1Amt
Taxable2	$0	Taxable2Amt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5	$542,119	ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr	$6,595,921	ExcessDistriCyovToNextYrAmt
Excess From Year4	$1,104,668	ExcessFromYear4Amt
Excess From Year3	$1,887,928	ExcessFromYear3Amt
Excess From Year2	$1,131,828	ExcessFromYear2Amt
Excess From Year1	$1,198,377	ExcessFromYear1Amt
Excess From Current Year	$1,273,120	ExcessFromCurrentYearAmt

Field	Value	IRS element (for citing)
Private Operating Foundations		PrivateOperatingFoundationsGrp

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Contributing Manager	ALBERT JAY MARTIN	ContributingManagerNm
Shareholder Manager	NA	ShareholderManagerNm
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (20 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient RelationshipRecipientRelationshipTxt	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt	Address Line2RecipientUSAddress/AddressLine2Txt
BOYS AND GIRLS CLUB OF MEMPHIS
44 S REMBERT	MEMPHIS	TN	38104	UNRELATED	PC	FOR CONSTRUCTION OF A GREENHOUSE, AS WELL AS SUPPORT FOR THE GENERAL OPERATIONS OF THE BOYS & GIRLS CLUB OF GREATER MEMPHIS	$256,545
PORTER LEATH
868 N MANASSAS STREET	MEMPHIS	TN	38107	UNRELATED	PC	EARLY CHILDHOOD EDUCATION PACKAGE & ACADEMY PROJECT	$25,000
CHURCH HEALTH CENTER
1196 PEABODY AVENUE	MEMPHIS	TN	38104	UNRELATED	PC	SUPPORT FOR THE OPERATIONS OF THE CHHURCH HEALTH CENTER	$600,000
BOY SCOUTS OF AMERICA
171 S HOLLYWOOD STREET	MEMPHIS	TN	38112	UNRELATED	PC	SUPPORT FOR THE OPERATIONS OF THE BOY SCOUTS OF AMERICA	$25,000
CALVARY RESCUE MISSION
969 S THIRD STREET	MEMPHIS	TN	38106	UNRELATED	PC	SUPPORT FOR THE OPERATIONS OF CALVARY RESCUE MISSION	$5,000
ST GEORGE'S INDEPENDENT SCHOOL
8250 POPLAR AVENUE	MEMPHIS	TN	38138	UNRELATED	PC	SUPPORT FOR THE OPERATIONS OF ST. GEORGE'S INDEPENDENT SCHOOL	$40,000
MEMPHIS UNIVERSITY SCHOOL (ROSS LYNN SOCIETY)
6191 PARK AVENUE	MEMPHIS	TN	38119	UNRELATED	PC	FOR SUPPORT OF THE ROSS LYNN SOCIETY OF MEMPHIS UNIVERSITY SCHOOL	$10,000
A STEP AHEAD FOUNDATION
666 WEST DRIVE	MEMPHIS	TN	38112	UNRELATED	PC	FOR SUPPORT OF THE OPERATIONS OF A STEP AHEAD FOUNDATION	$125,000
RIVER ARTS FEST
540 SOUTH MAIN STREET	MEMPHIS	TN	38103	UNRELATED	PC	FOR SUPPORT OF THE OPERATIONS OF THE RIVERARTSFEST ORGANIZATION	$5,000
BROOKLYN FRIENDS SCHOOL
375 PEARL ST	BROOKLYN	NY	11201	UNRELATED	PC	FOR SUPPORT OF THE OPERATIONS OF BRROKLYN FRIENDS SCHOOL	$3,000
FLOW-THROUGH PTP CONTRIBUTIONS
FROM PLAINS ALL AMERICAN PIPELINE	HOUSTON	TX	77002	UNRELATED	PC	FOR SUPPORT OF PROGRAM OPERATIONS	$6	333 CLAY ST STE 1600
BRIDGES USA
477 N FIFTH ST	MEMPHIS	TN	38105	UNRELATED	PC	FOR SUPPORT OF THE OPERATIONS OF BRIDGES USA	$50,000
COMMUNITY LIFTSTRIKING VOICES
119 S COURT ST	MEMPHIS	TN	38103	UNRELATED	PC	FOR SUPPORT OF THE OPERATIONS OF COMMUNITY LIFT/STRIKING VOICES	$10,000	SUITE 100
VOLUNTEERS OF AMERICA
6591 SUMMER KNOLL COVE	MEMPHIS	TN	38134	UNRELATED	PC	FOR SUPPORT OF THE OPERATIONS OF VOLUNTEERS OF AMERICA	$50,000
MY CITY RIDES
140 CRESCENT DRIVE	COLLIERVILLE	TN	38017	UNRELATED	PC	FOR SUPPORT OF THE OPERATIONS OF MY CITY RIDES	$150,000
NEW LEADERS
530 OAK COURT DRIVE	MEMPHIS	TN	38117	UNRELATED	PC	FOR SUPPORT OF THE OPERATIONS OF NEW LEADERS	$50,000
TRI-STATE BAPTIST CHILDREN'S HOME
PO BOX 888	BRISTOL	TN	37621	UNRELATED	PC	FOR SUPPORT OF THE OPERATIONS OF TRI-STATE BAPTIST CHILDREN'S HOME	$2,500
NEW DAY CHILDREN'S THEATER
4630 MERCHANTS PARK CIRCLE	COLLIERVILE	TN	38017	UNRELATED	PC	FOR SUPPORT OF THE OPERATIONS OF NEW DAY CHILDREN'S THEATER	$5,000	SUITE 737
LE BONHEUR CHILDREN'S HOSPITAL
51 N DUNLAP	MEMPHIS	TN	38105	UNRELATED	PC	FOR SUPPORT OF THE OPERATIONS OF LE BONHEUR CHILDREN'S HOSPITAL	$10,000
VICTIMS TO VICTORY
2181 UNION AVE	MEMPHIS	TN	38104			TO SUPPORT THE OPERATIONS OF VICTIMS TO VICTORY	$500	SUITE 306

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$1,422,551	TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Field	Value	IRS element (for citing)
Fees Contracts From Govt Ag		FeesContractsFromGovtAgGrp
Membership Dues And Assmnt		MembershipDuesAndAssmntGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$311	ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$64,307	ExclusionAmt

Field	Value	IRS element (for citing)
Net Rntl Incm Re Debt Fincd Prop		NetRntlIncmReDebtFincdPropGrp
Net Rntl Incm Re Not Debt Fincd Prop		NetRntlIncmReNotDebtFincdProp
Net Rental Income Personal Prop		NetRentalIncomePersonalPropGrp
Other Investment Incm Part VII		OtherInvestmentIncmPartVIIGrp

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Exclusion	18	ExclusionCd
Exclusion	$995,421	ExclusionAmt

Field	Value	IRS element (for citing)
Net Income Loss From Special Evt		NetIncomeLossFromSpecialEvtGrp
Gross Profit Loss Sls Of Invntry		GrossProfitLossSlsOfInvntryGrp

Other Revenue Described OtherRevenueDescribedGrp (2 entries)

DescDesc	BusinessBusinessCd	Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt	ExclusionExclusionCd	ExclusionExclusionAmt
UNRELATED TRADE OR BUSINESS INCOME-PTP INVESTMENTS	211110	-$11,418
NET PTP SECTION 1231 GAIN (LOSS)			26	$785

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Unrelated Business Taxbl Incm	-$11,418	UnrelatedBusinessTaxblIncmAmt
Exclusion	$1,060,824	ExclusionAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$1,049,406	TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO	false	TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO	false	TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets	false	SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO	false	PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets	false	RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements	false	ReimbursementArrangementsInd
Loans Or Loan Guarantees	false	LoansOrLoanGuaranteesInd
Performance Of Services Etc	false	PerformanceOfServicesEtcInd
Sharing Of Facilities Etc	false	SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO	false	RelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

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

Contributor Information ContributorInformationGrp (32 entries)

ContributorContributorNum	Address Line1ContributorUSAddress/AddressLine1Txt	CityContributorUSAddress/CityNm	State AbbreviationContributorUSAddress/StateAbbreviationCd	ZIPContributorUSAddress/ZIPCd	Total ContributionsTotalContributionsAmt	Noncash ContributionNoncashContributionInd	Person ContributionPersonContributionInd
ALBERT JAY MARTIN
1	2937 JOHNSON ROAD	GERMANTOWN	TN	38139	$49,289	Yes (X)
ALBERT JAY MARTIN
2	2937 JOHNSON ROAD	GERMANTOWN	TN	38139	$167,430	Yes (X)
ALBERT JAY MARTIN
3	2937 JOHNSON ROAD	GERMANTOWN	TN	38139	$70,885	Yes (X)
ALBERT JAY MARTIN
4	2937 JOHNSON ROAD	GERMANTOWN	TN	38139	$26,311	Yes (X)
ALBERT JAY MARTIN
5	2937 JOHNSON ROAD	GERMANTOWN	TN	38139	$16,703	Yes (X)
ALBERT JAY MARTIN
6	2937 JOHNSON ROAD	GERMANTOWN	TN	38139	$26,140	Yes (X)
ALBERT JAY MARTIN
7	2937 JOHNSON ROAD	GERMANTOWN	TN	38139	$660,750	Yes (X)
ALBERT JAY MARTIN
8	2937 JOHNSON ROAD	GERMANTOWN	TN	38139	$30,946	Yes (X)
ALBERT JAY MARTIN
9	2937 JOHNSON ROAD	GERMANTOWN	TN	38139	$39,414	Yes (X)
ALBERT JAY MARTIN
10	2937 JOHNSON ROAD	GERMANTOWN	TN	38139	$25,220	Yes (X)
ALBERT JAY MARTIN
11	2937 JOHNSON ROAD	GERMANTOWN	TN	38139	$30,749		Yes (X)
ALBERT JAY MARTIN
12	2937 JOHNSON ROAD	GERMANTOWN	TN	38139	$38,647	Yes (X)
ALBERT JAY MARTIN
13	2937 JOHNSON ROAD	GERMANTOWN	TN	38139	$28,053	Yes (X)
ALBERT JAY MARTIN
14	2937 JOHNSON ROAD	GERMANTOWN	TN	38139	$31,942	Yes (X)
ALBERT JAY MARTIN
15	2937 JOHNSON ROAD	GERMANTOWN	TN	38139	$91,896	Yes (X)
ALBERT JAY MARTIN
16	2937 JOHNSON ROAD	GERMANTOWN	TN	38139	$95,788	Yes (X)
ALBERT JAY MARTIN
17	2937 JOHNSON ROAD	GERMANTOWN	TN	38139	$11,750	Yes (X)
ALBERT JAY MARTIN
18	2937 JOHNSON ROAD	GERMANTOWN	TN	38139	$96,860	Yes (X)
ALBERT JAY MARTIN
19	2937 JOHNSON ROAD	GERMANTOWN	TN	38139	$23,237	Yes (X)
ALBERT JAY MARTIN
20	2937 JOHNSON ROAD	GERMANTOWN	TN	38139	$45,040	Yes (X)
ALBERT JAY MARTIN
21	2937 JOHNSON ROAD	GERMANTOWN	TN	38139	$96,479	Yes (X)
ALBERT JAY MARTIN
22	2937 JOHNSON ROAD	GERMANTOWN	TN	38139	$108,978	Yes (X)
ALBERT JAY MARTIN
23	2937 JOHNSON ROAD	GERMANTOWN	TN	38139	$22,784	Yes (X)
ALBERT JAY MARTIN
24	2937 JOHNSON ROAD	GERMANTOWN	TN	38139	$43,406	Yes (X)
ALBERT JAY MARTIN
25	2937 JOHNSON ROAD	GERMANTOWN	TN	38139	$65,789	Yes (X)
ALBERT JAY MARTIN
26	2937 JOHNSON ROAD	GERMANTOWN	TN	38139	$53,835	Yes (X)
ALBERT JAY MARTIN
27	2937 JOHNSON ROAD	GERMANTOWN	TN	38139	$61,555	Yes (X)
ALBERT JAY MARTIN
28	2937 JOHNSON ROAD	GERMANTOWN	TN	38139	$56,369	Yes (X)
ALBERT JAY MARTIN
29	2937 JOHNSON ROAD	GERMANTOWN	TN	38139	$156,810	Yes (X)
ALBERT JAY MARTIN
30	2937 JOHNSON ROAD	GERMANTOWN	TN	38139	$206,925	Yes (X)
ALBERT JAY MARTIN
31	2937 JOHNSON ROAD	GERMANTOWN	TN	38139	$280,480	Yes (X)
ALBERT JAY MARTIN
32	2937 JOHNSON ROAD	GERMANTOWN	TN	38139	$170,290	Yes (X)

Non Cash Property Contribution NonCashPropertyContributionGrp (32 entries)

ContributorContributorNum	Noncash PropertyNoncashPropertyDesc	Fair Market ValueFairMarketValueAmt	ReceivedReceivedDt
1	609 SHS THE KRAFT HEINZ COMPANY	$49,289	2016-12-02
2	3000 SHS METLIFE INC.	$167,430	2016-12-02
3	1000 SHS SCANA CORPORATION	$70,885	2016-12-02
4	35 SHS AMAZON	$26,311	2016-12-05
5	308 SHS HALLIBURTON CO.	$16,703	2016-12-05
6	346 SHS DOLLAR GENERAL	$26,140	2016-12-05
7	10000 SHS MICROSFT CORP.	$660,750	2017-04-21
8	921 SHS PFIZER INC.	$30,946	2017-04-21
10	426 SHS ALLSTATE CORPORATION	$39,413	2017-10-04
11	26 SHS ALPHABET INC. - CL A	$25,220	2017-10-04
12	32 SHS AMAZON	$30,749	2017-10-04
13	399 SHS JP MORGAN CHASE	$38,647	2017-10-04
14	378 SHS MICROSOFT CORP.	$28,053	2017-10-04
15	17 SHS PRICELINE	$31,942	2017-10-04
16	600 SHS APPLE INC.	$91,896	2017-10-04
17	700 SHS CME GROUP INC.	$95,788	2017-10-04
18	100 SHS CHEVRON CORP.	$11,750	2017-10-04
19	1000 SHS JP MORGAN CHASE	$96,860	2017-10-04
20	300 SHS THE KRAFT HEINZ CO.	$23,237	2017-10-04
21	800 SHS MARATHON PETROLEUM	$45,040
22	1300 SHS MICROSOFT CORP.	$96,479	2017-10-04
23	1200 SHS MICROCHIP TECH INC.	$108,978	2017-10-04
24	200 SHS UNION PACIFIC CORP.	$22,784	2017-10-04
25	300 SHS CHUBB LIMITED	$43,406	2017-10-04
26	732 SHS ABB VIE INC.	$65,789	2017-10-04
27	368 SHS CELGENE CORP.	$53,835	2017-10-04
28	433 SHS MASTERCARD INC.	$61,555	2017-10-04
29	30 SHS PRICELINE GROUP INC.	$56,369	2017-10-04
30	1000 SHS APPLE INC.	$156,810	2017-10-24
31	7500 SHS BANK OF AMERICA	$206,925	2017-10-24
32	4000 SHS PAYPAL HOLDINGS	$280,480	2017-10-24
33	1000 SHS APPLE INC.	$170,290	2017-11-30

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail (2 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt
TAX RETURN PREPARATION FEES	$3,600	$3,600
ACCOUNTING FEES	$10	$10

All Oth Prog Rltd Investments Sch AllOthProgRltdInvestmentsSch

All Other Program Related Invst AllOtherProgramRelatedInvstGrp

Field	Value	IRS element (for citing)
Desc	NONE	Desc

Depreciation Schedule DepreciationSchedule

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp (5 entries)

BondBondNm	EOY Book ValueEOYBookValueAmt	EOYFMVEOYFMVAmt
50M GENERAL MOTORS CORP 7.7%	$38,596
50M WELLS FARGO & CO 3%	$50,000	$49,040
50M JP MORGAN CHASE 3.25%	$49,564	$48,489
250M R JAMES TOTAL RETURN CEF	$66,950	$82,810
ACCRUED INTEREST RECEIVABLE		$1,042

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (40 entries)

StockStockNm	EOY Book ValueEOYBookValueAmt	EOYFMVEOYFMVAmt
1732 SHS ABB VIE INC.	$69,675	$167,865
426 SHS ALLSTATE CORP.	$24,850	$43,733
46 SHS ALPHABET INC. - CL A	$24,485	$47,664
20 SHS ALPHABET INC. - CL C	$7,918	$20,428
3000 SHS APPLE INC.	$290,437	$515,550
665 SHS BROADCOM LIMITED
5000 SHS CATCHMARK TIMBER TR
1395 SHS CHEVRON TEXACO	$121,564	$165,991
2000 SHS CLAYMORE ETF TR
3000 SHS COCA COLA	$86,481	$137,310
400 SHS COGNIZANT TECH	$15,374	$28,912
1450 SHS CONOCOPHILLIPS	$75,164	$73,776
1333 SHS DUKE ENERGY	$62,023	$118,877
700 SHS ENERGY SELECT SEC SPDR	$55,805	$48,370
5000 SHS GOLDMAN SACHS	$100,000	$28,350
308 SHS HALLIBURTON CO.	$12,004	$12,868
2000 SHS INTEL CORP.	$50,647	$89,680
1659 SHS JP MORGAN CHASE	$93,534	$173,399
1500 SHS JOHNSON & JOHNSON
3000 SHS MERCK	$110,924	$165,810
6678 SHS MICROSOFT	$286,577	$562,087
1000 SHS MID-AMERICA APT COMM	$8,929	$20,488
990 SHS SKYWORKS SOLUTIONS
1200 SHS TEXAS CAPITAL BANCSHS
190 SHS VERIZON COMMUNICATIONS	$5,736	$9,669
32 SHS AMAZON	$18,274	$37,656
700 SHS CME GROUP INC.	$47,370	$104,678
368 SHS CELGENE CORP.	$34,724	$37,106
300 SHS CHUBB LIMITED	$23,448	$45,633
100 SHS DOLLAR GENERAL	$4,583	$8,808
1000 SHS INVESCO ETF	$30,458	$42,620
800 SHS MARATHON PETROLEUM	$22,276	$50,104
433 SHS MASTERCARD	$37,350	$65,154
3000 SHS METLIFE	$106,132	$161,040
1200 SHS MICROCHIP TECHNOLOGY	$47,229	$104,388
921 SHS PFIZER INC.	$19,467	$33,396
47 SHS PRICELINE INC.	$54,765	$81,766
300 SHS KRAFT HEINZ CO.	$13,425	$24,411
200 SHS UNION PACIFIC	$12,264	$25,300
ACCRUED DIVIDENDS RECEIVABLE		$10,265

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

Field	Value	IRS element (for citing)
Category Or Item	2000 UNITS PLAINS ALL-AMERICAN	CategoryOrItemTxt
Listed At Cost Or FMV	AT COST	ListedAtCostOrFMVCd
Book Value	$61,973	BookValueAmt
EOYFMV	$39,000	EOYFMVAmt

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp (2 entries)

DescDesc	BOY Book ValueBOYBookValueAmt	EOY Book ValueEOYBookValueAmt
RECEIVABLE FOR ERRONEOUS PMTS	$5,866
PREPAID INCOME TAXES	$797	$796

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail (3 entries)

DescDesc	AmtAmt
FMV OF CONTRIBUTIONS RECEIVED IN EXCESS	$0
OF TAX COST (CARRYING VALUE)	$1,188,596
ROUNDING	$1

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt
INVESTMENT MANAGEMENT FEES	$26,863	$26,863
OTHER PTP EXPENSES	$31

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (2 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt
UNRELATED TRADE/BUSINESS INC.-INVESTMENT	-$11,418
NET PTP SECTION 1231 GAIN (LOSS)	$785

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxt	AmtAmt
FEDERAL TAX
PTP FOREIGN TAXES	$283