JAMES W HOOD FAMILY FOUNDATION: Form 990PF, tax year 2014
View the entire original 990 at ProPublica ↗
- Organization
- JAMES W HOOD FAMILY FOUNDATION (EIN 20-2640916)
- Tax period
- 2014-01-01 to 2014-12-31
- Filed
- 2015-05-13
- IRS object ID
- 201511339349101041
- Schema version
- 2014v5.0
- 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
- Depreciation Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2015-05-13T10:12:30-05:00 | ReturnTs |
| Tax Period End | 2014-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BKD LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 190 E Capitol Street Ste 500 | AddressLine1Txt |
| City | Jackson | CityNm |
| State Abbreviation | MS | StateAbbreviationCd |
| ZIP | 392012190 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2014-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 202640916 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | James W Hood Family Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % JAMES W HOOD | InCareOfNm |
| Business Name Control | JAME | BusinessNameControlTxt |
| Phone | 6019823730 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 4931 | AddressLine1Txt |
| Address Line2 | Suite | AddressLine2Txt |
| City | Jackson | CityNm |
| State Abbreviation | MS | StateAbbreviationCd |
| ZIP | 39296 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | James W Hood | PersonNm |
| Person Title | President | PersonTitleTxt |
| Phone | 6019486700 | PhoneNum |
| Signature | 2015-05-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Donna W Bruce CPA | PreparerPersonNm |
| PTIN | P00283153 | PTIN |
| Phone | 6019486700 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2014 | TaxYr |
| Build TS | 2016-03-07 17:11:31Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $12,629,453 | 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 | $0 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $34,164 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $34,103 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $352,811 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $352,811 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$1,026,887 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $14,142,005 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $29,612 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $29,612 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | -$610,300 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $416,526 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Legal Fees Rev And Expnss | $5,648 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $5,648 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $0 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $4,225 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $4,225 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $73,989 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $73,989 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $12,932 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $3,676 | TaxesNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $387 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $387 | OtherExpensesNetInvstIncmAmt |
| Tot Opr Expenses Rev And Expnss | $97,181 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $87,925 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $430,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $430,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $527,181 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $87,925 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $430,000 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$1,137,481 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $328,601 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $1,752,408 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $354,233 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $354,233 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $9,534,472 | CorporateStockBOYAmt |
| Corporate Stock EOY | $10,983,281 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $10,983,281 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $862,746 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $569,152 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $569,152 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $615,038 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $762,788 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $722,787 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $12,764,664 | TotalAssetsBOYAmt |
| Total Assets EOY | $12,669,454 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $12,629,453 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Retained Earning BOY | $12,764,664 | RetainedEarningBOYAmt |
| Retained Earning EOY | $12,669,454 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $12,764,664 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $12,669,454 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $12,764,664 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $12,669,454 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $12,764,664 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$1,137,481 | ExcessRevenueOverExpensesAmt |
| Other Increases | $1,043,661 | OtherIncreasesAmt |
| Subtotal | $12,670,844 | SubtotalAmt |
| Other Decreases | $1,390 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $12,669,454 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (20 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | AcquiredAcquiredDt | SoldSoldDt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|---|---|
| PINNACLE #PT30418, SHORT TERM, SEE ATTACHED | $1,249,315 | $1,193,920 | $55,693 | $55,395 | |||
| PINNACLE #PT30418, LONG TERM, SEE ATTACHED | $968,446 | $832,913 | $136,587 | $135,533 | |||
| PINNACLE #PT30418, SHORT TERM, SEE ATTACHED | $40,524 | $30,793 | $9,731 | $9,731 | |||
| PINNACLE #PT30418, LONG TERM, SEE ATTACHED | $627,369 | $565,298 | $62,109 | $62,071 | |||
| JP MORGAN #6004, SHORT TERM | $436 | $436 | $436 | ||||
| JP MORGAN #6004, LONG TERM | $147,208 | $116,458 | $30,750 | $30,750 | |||
| JP MORGAN #6007, LONG TERM | $8,155,568 | $8,317,041 | -$161,473 | -$161,473 | |||
| JP MORGAN #6007, SHORT TERM | $290,716 | -$290,716 | -$290,716 | ||||
| JP MORGAN #8003, LONG TERM | $434,638 | $1,302,426 | -$867,788 | -$867,788 | |||
| JP MORGAN #8003, SHORT TERM | $45,650 | $43,297 | $2,353 | $2,353 | |||
| MORGAN STANLEY #0571, SHORT TERM | $455,953 | $413,390 | $42,563 | $42,563 | |||
| MORGAN STANLEY #0571, LONG TERM | $903,821 | $678,777 | $225,044 | $225,044 | |||
| MORGAN STANLEY #0571, LONG TERM | $863,847 | $1,150,043 | -$286,196 | -$286,196 | |||
| MORGAN STANLEY #0572, SHORT TERM | $56,506 | $53,425 | $3,081 | $3,081 | 2014-01-30 | 2014-06-16 | |
| MORGAN STANLEY #0572, LONG TERM | $114,614 | $94,025 | $20,589 | $20,589 | |||
| PINNACLE #PT30418, 28% LTCG | $65,904 | $81,959 | -$16,055 | -$16,055 | |||
| WILLIAMS PARTNERS | $4,554 | $4,554 | $4,554 | ||||
| KKR & CO. LP | $2,894 | -$2,894 | -$2,894 | ||||
| APOLLO GLOBAL MANAGEMENT, LLC | $2,907 | -$2,907 | -$2,907 | 2014-05-13 | 2014-10-17 | ||
| CAPITAL GAIN DIVIDENDS | $446 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$1,026,887 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $239,300 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $11,839,519 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.020212 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $245,000 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $10,215,869 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.023982 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $155,500 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $9,701,663 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.016028 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $195,000 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $9,164,990 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.021277 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $206,000 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $826,527 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.249236 | DistributionYr5Rt |
| Total Distribution | 0.330735 | TotalDistributionRt |
| Average Distribution | 0.066147 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $12,905,140 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $853,636 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $3,286 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $856,922 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $430,000 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $6,572 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $6,572 | SubtotalAmt |
| Tax Based On Investment Income | $6,572 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $10,000 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $10,000 | TotalPaymentsAndCreditsAmt |
| Overpayment | $3,428 | OverpaymentAmt |
| Applied To ES Tax | $3,428 | AppliedToESTaxAmt |
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 | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | MS | 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 | JAMES W HOOD | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6015408600 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 4931 | AddressLine1Txt |
| City | JACKSON | CityNm |
| State Abbreviation | MS | StateAbbreviationCd |
| ZIP | 39296 | 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 |
| Undistr Incm Sect4942a2 Not App | false | UndistrIncmSect4942a2NotAppInd |
| Business Holdings | Yes (true) | BusinessHoldingsInd |
| Excess Business Holdings | false | ExcessBusinessHoldingsInd |
| 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 |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| James W Hood | ||||||||
| PO Box 4931 | Jackson | MS | 39296 | President | 0 | $0 | $0 | $0 |
| Paula J Hood | ||||||||
| PO Box 4931 | Jackson | MS | 39296 | Director | 0 | $0 | $0 | $0 |
| J Wilson Hood Jr | ||||||||
| 1740 Howard Street | Jackson | MS | 39202 | Director | 0 | $0 | $0 | $0 |
| Sylvia Napper | ||||||||
| PO Box 4931 | Jackson | MS | 39296 | Secretary | 0 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Summary Of Direct Chrtbl Acty | SummaryOfDirectChrtblActyGrp | |
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $10,778,045 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,686,263 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $637,357 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $13,101,665 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $13,101,665 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $196,525 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $12,905,140 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $645,257 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $645,257 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $6,572 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $6,572 | TotalTaxAmt |
| Distributable Before Adj | $638,685 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $638,685 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $638,685 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $430,000 | 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 | $430,000 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $430,000 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $638,685 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $427,575 | UndistributedIncomePYAmt |
| Prior Year1 | 2012 | PriorYear1Yr |
| Prior Year2 | 2011 | PriorYear2Yr |
| Prior Year3 | 2010 | PriorYear3Yr |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr1 | $0 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $430,000 | QualifyingDistributionsAmt |
| Applied To Year1 | $427,575 | AppliedToYear1Amt |
| Applied To Current Year | $2,425 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Undistributed Income CY | $636,260 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
| Excess From Current Year | $0 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | JAMES W HOOD | ContributingManagerNm |
| Shareholder Manager | NONE | ShareholderManagerNm |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | James W Hood | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 4931 | AddressLine1Txt |
| City | JACKSON | CityNm |
| State Abbreviation | MS | StateAbbreviationCd |
| ZIP | 39296 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 6015408600 | RecipientPhoneNum |
| Form And Info And Materials | NO SPECIFIC FORM IS REQUIRED | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | NONE | SubmissionDeadlinesTxt |
| Restrictions On Awards | NONE | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (17 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| Belhaven College | |||||||
| 1500 Peachtree Street | Jackson | MS | 39202 | NONE | PC | To provide education opportunities and support | $225,000 |
| REAL CHRISTIAN FOUNDATION | |||||||
| PO BOX 180059 | RICHLAND | MS | 39218 | NONE | PC | TO SUPPORT PURPOSES OF THE ORGANIZATION | $2,000 |
| Andrew Jackson Council Boy Scouts | |||||||
| 855 RIVERSIDE DRIVE | JACKSON | MS | 39202 | NONE | PC | TO SUPPORT CHARACTER AND GROWTH OF YOUTH | $26,500 |
| First Presbyterian Church Jackson | |||||||
| 1390 NORTH STATE STREET | JACKSON | MS | 39202 | NONE | PC | TO SUPPORT THE PURPOSES OF THE CHURCH | $50,000 |
| Jackson Prep Foundation | |||||||
| 3100 LAKELAND DRIVE | JACKSON | MS | 39232 | NONE | PC | TO SUPPORT THE MISSION OF THE SCHOOL | $25,000 |
| Jackson Zoo Foundation | |||||||
| 2918 WEST CAPITOL STREET | JACKSON | MS | 39209 | NONE | PC | TO SUPPORT THE PROGRAMS OF THE ORGANIZATION | $10,000 |
| Reformed University Foundation | |||||||
| PO BOX 13476 | JACKSON | MS | 39236 | NONE | PC | TO SUPPORT THE MISSION OF THE ORGANIZATION | $15,000 |
| Trans World Radio | |||||||
| PO BOX 8700 | CARY | NC | 27512 | NONE | PC | TO SUPPORT THE PROGRAMS OF THE ORGANIZATION | $2,000 |
| Young Life | |||||||
| PO Box 79066 | JACKSON | MS | 39236 | NONE | PC | TO SUPPORT THE MISSION OF THE ORGANIZATION | $5,000 |
| Vanderbilt Owen School of Mgmt | |||||||
| 401 21st Ave S | Nashville | TN | 37203 | NONE | PC | To provide education opportunities and support | $1,000 |
| Jackson Metropolitan YMCA | |||||||
| 800 East River Place | Jackson | MS | 39202 | NONE | PC | To support the programs of the organization | $5,000 |
| The Miracle of Peyton's House | |||||||
| 417 West Ash St | Jackson | MS | 39203 | NONE | PC | To support the mission of the organization | $5,000 |
| American Cancer Society Hope Lodge | |||||||
| 930 A Wellness Drive | Greenville | SC | 27834 | NONE | PC | To support the mission of the organization | $25,000 |
| Stewpot Community Services | |||||||
| 1100 W Capitol St | Jackson | MS | 39203 | NONE | PC | To support the mission of the organization | $1,000 |
| Home Place | |||||||
| 7521 Old Canton Road | Madison | MS | 39110 | NONE | PC | To support the purposes of the organization | $10,000 |
| RePublic Prep | |||||||
| 41 Peabody Street | Nashville | TN | 37210 | NONE | PC | To support the purposes of the organization | $20,000 |
| CRU | |||||||
| 100 Lake Hart Drive | Orlando | FL | 32832 | NONE | PC | To support the mission of the organization | $2,500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $430,000 | 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 | $34,164 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $352,811 | 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 | -$1,026,887 | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER INCOME | Desc |
| Exclusion | 01 | ExclusionCd |
| Exclusion | $29,612 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | -$610,300 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | -$610,300 | 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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $4,225 | Amt |
| Net Investment Income | $4,225 | NetInvestmentIncomeAmt |
Depreciation Schedule DepreciationSchedule
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (3 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| 4165 EASTOVER DRIVE | FMV | $400,000 | $360,000 |
| RECEIVABLES | FMV | $88,095 | $88,095 |
| LIVE OAK INVESTMENT FUND I | FMV | $274,693 | $274,692 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $5,648 | LegalFeesAmt |
| Net Investment Income | $5,648 | NetInvestmentIncomeAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | TAX ADJ FOR DISALLOWED WASH SALE | Desc |
| Amt | $1,390 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| KKR & CO LP | $333 | $333 |
| WILLIAMS PARTNERS LP | $20 | $20 |
| BANK SERVICE FEES | $10 | $10 |
| APOLLO GLOBAL MANAGEMENT, LLC | $24 | $24 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| LIVE OAK INVESTMENT FUND I | $15,658 | $15,658 |
| WILLIAMS PARTNERS LP | -$6,989 | -$6,989 |
| KKR & CO LP | $597 | $597 |
| WILLIAMS PARTNERS LP-ord gain on disp | $20,205 | $20,205 |
| Apollo Global Management, LLC | $141 | $141 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED GAIN/LOSS ON SECURITIES | Desc |
| Amt | $1,043,661 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT FEES | CategoryTxt |
| Amt | $73,989 | Amt |
| Net Investment Income | $73,989 | NetInvestmentIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| FOREIGN TAXES PAID | $3,676 | $3,676 |
| OTHER TAXES | $9,256 |