RICHMOND FOUNDATION INC: Form 990PF, tax year 2011

View the entire original 990 at ProPublica ↗

Organization: RICHMOND FOUNDATION INC (EIN 34-1661806)
Tax period: 2011-11-01 to 2012-10-31
Filed: 2013-01-24
IRS object ID: 201300249349100700
Schema version: 2011v1.5
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
Land Etc Schedule2
Other Expenses Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2013-01-24T15:50:40-06:00	Timestamp
Tax Period End Date	2012-10-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	SODERBERG AND BRENNER CPAs LLC	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	126 EAST PERRY ST PO BOX 546	AddressLine1
City	PORT CLINTON	City
State	OH	State
ZIP Code	43452	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnType
Tax Period Begin Date	2011-11-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	341661806	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	RICHMOND FOUNDATION INC	BusinessNameLine1

Field	Value	IRS element (for citing)
In Care Of Name	% SODERBERG & BRENNER CPAS	InCareOfName
Name Control	RICH	NameControl
Phone	4197323168	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	C/O JOSEPH M BRENNER PO BOX 546	AddressLine1
City	PORT CLINTON	City
State	OH	State
ZIP Code	43452	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	JOSEPH M BRENNER	Name
Title	TREASURER	Title
Phone	4197323168	Phone
Date Signed	2013-01-25	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	JOSEPH M BRENNER	Name
Phone	4197323168	Phone
Self Employed	X	SelfEmployed

Field	Value	IRS element (for citing)
Tax Year	2011	TaxYear
Build TS	2016-02-25 16:41:14Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Exempt PF	X	ExemptPF
FMV Assets EOY	44520	FMVAssetsEOY
Method Of Accounting Accrual	X	MethodOfAccountingAccrual

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Contri Received Rev And Expnss	0	ContriReceivedRevAndExpnss
Not Required To Attach Schedule B	X	NotRequiredToAttachScheduleB
Net Gain Sale Assets Rev And Expnss	0	NetGainSaleAssetsRevAndExpnss
Gross Sales Price	0	GrossSalesPrice
Capital Gain Net Incm Net Invst Incm	0	CapitalGainNetIncmNetInvstIncm
Total Revenue And Expenses	0	TotalRevenueAndExpenses
Total Net Investment Income	0	TotalNetInvestmentIncome
Comp Ofcr Dir Trst Rev And Expnss	0	CompOfcrDirTrstRevAndExpnss
Accounting Fees Rev And Expnss	1200	AccountingFeesRevAndExpnss
Accounting Fees Net Invst Incm	0	AccountingFeesNetInvstIncm
Accounting Fees Adj Net Incm	0	AccountingFeesAdjNetIncm
Accounting Fees Dsbrs Chrtbl Prps	0	AccountingFeesDsbrsChrtblPrps
Taxes Rev And Expnss	198	TaxesRevAndExpnss
Other Expenses Rev And Expnss	73	OtherExpensesRevAndExpnss
Tot Opr Expenses Rev And Expnss	1471	TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm	0	TotOprExpensesNetInvstIncm
Tot Opr Expenses Adj Net Incm	0	TotOprExpensesAdjNetIncm
Tot Opr Expenses Dsbrs Chrtbl Prps	0	TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss	2000	ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps	2000	ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss	3471	TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm	0	TotalExpensesNetInvstIncm
Total Expenses Adj Net Incm	0	TotalExpensesAdjNetIncm
Total Expenses Dsbrs Chrtbl Prps	2000	TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses	-3471	ExcessOfRevenueOverExpenses
Net Investment Income	0	NetInvestmentIncome

Balance Sheets BalanceSheets

Field	Value	IRS element (for citing)
Cash BOY	17991	CashBOY
Cash EOY	14520	CashEOY
Cash EOYFMV	14520	CashEOYFMV
Land Building And Equipment Basis	151683	LandBuildingAndEquipmentBasis
Land Building And Equipment BOY	151683	LandBuildingAndEquipmentBOY
Land Building And Equipment EOY	151683	LandBuildingAndEquipmentEOY
Land Building And Equipment EOYFMV	30000	LandBuildingAndEquipmentEOYFMV
Total Assets BOY	169674	TotalAssetsBOY
Total Assets EOY	166203	TotalAssetsEOY
Total Assets EOYFMV	44520	TotalAssetsEOYFMV
Total Liabilities EOY	0	TotalLiabilitiesEOY
Org That Follow SFAS117	X	OrgThatFollowSFAS117
Unrestricted BOY	169674	UnrestrictedBOY
Unrestricted EOY	166203	UnrestrictedEOY
Total Net Assets BOY	169674	TotalNetAssetsBOY
Total Net Assets EOY	166203	TotalNetAssetsEOY
Total Liabilities Net Assets BOY	169674	TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY	166203	TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

Field	Value	IRS element (for citing)
Total Net Assets Fund Balances BOY	169674	TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses	-3471	ExcessOfRevenueOverExpenses
Subtotal	166203	Subtotal
Total Net Assets Fund Balances EOY	166203	TotalNetAssetsFundBalancesEOY

Capital Gains And Losses CapitalGainsAndLosses

Field	Value	IRS element (for citing)
Capital Gain Net Income	0	CapitalGainNetIncome

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

Field	Value	IRS element (for citing)
Liable For4942 Tax	false	LiableFor4942Tax
Qualifying Distributions Year1	6634	QualifyingDistributionsYear1
Noncharitable Assets Year1	63424	NoncharitableAssetsYear1
Distribution Ratio Year1	0.104598	DistributionRatioYear1
Qualifying Distributions Year2	2571	QualifyingDistributionsYear2
Noncharitable Assets Year2	78510	NoncharitableAssetsYear2
Distribution Ratio Year2	0.032747	DistributionRatioYear2
Qualifying Distributions Year3	5149	QualifyingDistributionsYear3
Noncharitable Assets Year3	138300	NoncharitableAssetsYear3
Distribution Ratio Year3	0.037231	DistributionRatioYear3
Qualifying Distributions Year4	9378	QualifyingDistributionsYear4
Noncharitable Assets Year4	209459	NoncharitableAssetsYear4
Distribution Ratio Year4	0.044772	DistributionRatioYear4
Qualifying Distributions Year5	9051	QualifyingDistributionsYear5
Noncharitable Assets Year5	151019	NoncharitableAssetsYear5
Distribution Ratio Year5	0.059933	DistributionRatioYear5
Total Distribution Ratio	0.279281	TotalDistributionRatio
Average Distribution Ratio	0.055856	AverageDistributionRatio
Net Noncharitable Assets	46287	NetNoncharitableAssets
Adjusted Noncharitable Assets	2585	AdjustedNoncharitableAssets
One Percent Net Investment Income	0	OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One	2585	AdjNonchrtblAssetsAndOnePct
Qualifying Distributions	2000	QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

Field	Value	IRS element (for citing)
Investment Income Excise Tax	0	InvestmentIncomeExciseTax
Subtotal	0	Subtotal
Tax Based On Investment Income	0	TaxBasedOnInvestmentIncome
Total Credits And Payments	0	TotalCreditsAndPayments
Tax Due	0	TaxDue

Statements Regarding Activities StatementsRegardingActivities

Field	Value	IRS element (for citing)
Legislative Political Activities	false	LegislativePoliticalActivities
More Than100 Spent	false	MoreThan100Spent
Activities Not Prev Reported	false	ActivitiesNotPrevReported
Changes To Articles Or Bylaws	false	ChangesToArticlesOrBylaws
Unrelated Bus Income Over1000	false	UnrelatedBusIncomeOver1000
Termination Etc	false	TerminationEtc
Requirements Of Sect508e	true	RequirementsOfSect508e
At Least5000 In Assets	true	AtLeast5000InAssets
States Filed With	OH	StatesFiledWith
Form990 PF Filed With AG	true	Form990PFFiledWithAG
Private Operating Foundation	false	PrivateOperatingFoundation
New Substantial Contributors	false	NewSubstantialContributors
Interest In Controlled Entity	false	InterestInControlledEntity
Applicable Insurance Contract	false	ApplicableInsuranceContract
Comply With Public Inspection Rqr	true	ComplyWithPublicInspectionRqr

Books In Care Of Business Name BooksInCareOfBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	SODERBERG & BRENNER CPAS	BusinessNameLine1

Field	Value	IRS element (for citing)
Books In Care Of Phone Number	4197323168	BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

Field	Value	IRS element (for citing)
Address Line1	126 E PERRY STREET	AddressLine1
City	PORT CLINTON	City
State	OH	State
ZIP Code	43452	ZIPCode

Statements Regarding Acty4720 StatementsRegardingActy4720

Field	Value	IRS element (for citing)
Sale Or Exchange With Dsqfly Person	false	SaleOrExchangeWithDsqflyPerson
Borrow Or Lend With Dsqfly Person	false	BorrowOrLendWithDsqflyPerson
Furnished Goods With Dsqfly Person	false	FurnishedGoodsWithDsqflyPerson
Pay Compensation To Dsqfly Person	false	PayCompensationToDsqflyPerson
Transfer Assets To Dsqfly Person	false	TransferAssetsToDsqflyPerson
Payment To Government Offical	false	PaymentToGovernmentOffical
Uncorrected Prior Acts	false	UncorrectedPriorActs
Undistributed Income Prior Years	false	UndistributedIncomePriorYears
Business Holdings	false	BusinessHoldings
Jeopardy Investments	false	JeopardyInvestments
Uncorrected Jeopardy Investments	false	UncorrectedJeopardyInvestments
Influence Legislation	false	InfluenceLegislation
Influence Election	false	InfluenceElection
Grants To Individuals	false	GrantsToIndividuals
Grants To Organizations	false	GrantsToOrganizations
Noncharitable Purpose	false	NoncharitablePurpose
Rcv Funds To Pay Prsnl Bnft Contract	false	RcvFundsToPayPrsnlBnftContract
Pay Premiums Prsnl Bnft Contract	false	PayPremiumsPrsnlBnftContract
Prohibited Tax Shelter Transactn	false	ProhibitedTaxShelterTransactn
Proceeds Or Net Income	false	ProceedsOrNetIncome

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (3 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
WENDY A RICHMOND
C/O JOSEPH M BRENNER PO BOX 546	PORT CLINTON	OH	43452	PRESIDENT	1.0	0	0	0
LINDA STINNETT
C/O JOSEPH M BRENNER PO BOX 546	PORT CLINTON	OH	43452	VICE PRESIDENT	1.0	0	0	0
JOSEPH M BRENNER
C/O JOSEPH M BRENNER PO BOX 546	PORT CLINTON	OH	43452	TREASURER	1.0	0	0	0

Summary Of Direct Charitable Acty SummaryOfDirectCharitableActy

Field	Value	IRS element (for citing)
Description1	N/A	Description1

Field	Value	IRS element (for citing)
Sum Of Program Related Investments		SumOfProgramRelatedInvestments

Minimum Investment Return MinimumInvestmentReturn

Field	Value	IRS element (for citing)
Avg Monthly FMV Of Securities	0	AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances	16992	AvgMonthlyCashBalances
FMV All Other Noncharitable Assets	30000	FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets	46992	TotalFMVOfUnusedAssets
Acquisition Indebtedness	0	AcquisitionIndebtedness
Adj Total FMV Of Unused Assets	46992	AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable	705	CashDeemedCharitable
Net Noncharitable Assets	46287	NetNoncharitableAssets
Minimum Investment Return	2314	MinimumInvestmentReturn

Distributable DistributableAmount

Field	Value	IRS element (for citing)
Minimum Investment Return	2314	MinimumInvestmentReturn
Tax Based On Investment Income	0	TaxBasedOnInvestmentIncome
Total Tax	0	TotalTax
Distributable Amount Before Adj	2314	DistributableAmountBeforeAdj
Distributable Amount Before Ded	2314	DistributableAmountBeforeDed
Distributable Amount As Adjusted	2314	DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

Field	Value	IRS element (for citing)
Expenses And Contributions	2000	ExpensesAndContributions
Program Related Investments Total	0	ProgramRelatedInvestmentsTotal
Amounts Paid Acq Charitable Assets	0	AmountsPaidAcqCharitableAssets
Amounts Set Aside Suitability Test	0	AmountsSetAsideSuitabilityTest
Amounts Set Aside Cash Distri Test	0	AmountsSetAsideCashDistriTest
Qualifying Distributions	2000	QualifyingDistributions
Adj Qualifying Distributions	2000	AdjQualifyingDistributions

Undistributed Income UndistributedIncome

Field	Value	IRS element (for citing)
Distributable Amount As Adjusted	2314	DistributableAmountAsAdjusted
Prior Year1	2009	PriorYear1
Prior Year2	2008	PriorYear2
Prior Year3	2007	PriorYear3
Excess Distri Carryover Year2	0	ExcessDistriCarryoverYear2
Excess Distri Carryover Year1	747	ExcessDistriCarryoverYear1
Total Excess Distri Carryover	747	TotalExcessDistriCarryover
Qualifying Distributions	2000	QualifyingDistributions
Applied To Current Year	2000	AppliedToCurrentYear
Remaining Distri From Corpus	0	RemainingDistriFromCorpus
Excess Distri Cyov App CY Corpus	314	ExcessDistriCyovAppCYCorpus
Excess Distri Cyov Applied CY	314	ExcessDistriCyovAppliedCY
Total Corpus	433	TotalCorpus
Undistributed Income CY	0	UndistributedIncomeCY
Excess Distri Cyov To Next Year	433	ExcessDistriCyovToNextYear
Excess From Year1	433	ExcessFromYear1

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

Supplementary Information SupplementaryInformation

Field	Value	IRS element (for citing)
Only Contributes To Preselected	X	OnlyContributesToPreselected

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear

Recipient Business Name RecipientBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	THE EMMAUS HOMELESS SHELTER	BusinessNameLine1

Recipient US Address RecipientUSAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 811	AddressLine1
City	ELLSWORTH	City
State	ME	State
ZIP Code	04605	ZIPCode

Field	Value	IRS element (for citing)
Purpose Of Grant Or Contribution	ASSIST THE HOMELESS IN HANCOCK AND WASHINGTON COUNTIES, MAINE.	PurposeOfGrantOrContribution
Amount	$2,000	Amount

Field	Value	IRS element (for citing)
Tot Grant Or Contri Paid During Year	2000	TotGrantOrContriPaidDuringYear

Analysis Income Producing Acty AnalysisIncomeProducingActy

Field	Value	IRS element (for citing)
Fees Contracts From Govt Agencies		FeesContractsFromGovtAgencies
Membership Dues And Assessments		MembershipDuesAndAssessments

Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst

Field	Value	IRS element (for citing)
Exclusion Code	14	ExclusionCode

Field	Value	IRS element (for citing)
Dividends And Int From Sec Part VII		DividendsAndIntFromSecPartVII
Net Rental Incm Re Debt Fincd Prop		NetRentalIncmReDebtFincdProp
Net Rntl Incm Re Not Debt Fincd Prop		NetRntlIncmReNotDebtFincdProp
Net Rental Incm Personal Property		NetRentalIncmPersonalProperty
Other Investment Income Part VII		OtherInvestmentIncomePartVII

Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry

Field	Value	IRS element (for citing)
Exclusion Code	18	ExclusionCode

Field	Value	IRS element (for citing)
Net Income Loss From Special Events		NetIncomeLossFromSpecialEvents
Gross Profit Loss Sales Of Invntry		GrossProfitLossSalesOfInvntry
Subtotals Part XVIA		SubtotalsPartXVIA

Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Noncharitable EO	false	TrnsfrOfCashToNoncharitableEO
Trnsfr Oth Assets Noncharitable EO	false	TrnsfrOthAssetsNoncharitableEO
Sales Or Exchanges Of Assets	false	SalesOrExchangesOfAssets
Purchase Assets Noncharitable EO	false	PurchaseAssetsNoncharitableEO
Rental Of Facilities Etc	false	RentalOfFacilitiesEtc
Reimbursement Arrangements	false	ReimbursementArrangements
Loans Or Loan Guarantees	false	LoansOrLoanGuarantees
Performance Of Services Etc	false	PerformanceOfServicesEtc
Sharing Of Facilities Etc	false	SharingOfFacilitiesEtc
Relationships Noncharitable E Os	false	RelationshipsNoncharitableEOs

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees AccountingFees

Field	Value	IRS element (for citing)
Category	SODERBERG & BRENNER CPAS	Category
Amount	$1,200	Amount

Depreciation Schedule DepreciationSchedule

Land Etc Schedule2 LandEtcSchedule2

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses (2 entries)

DescriptionDescription	Revenue And Expenses Per BooksRevenueAndExpensesPerBooks
STATE REGISTRATION	50
BANK FEES	23

Taxes Schedule TaxesSchedule

Taxes Taxes

Field	Value	IRS element (for citing)
Category	REAL ESTATE TAX	Category
Amount	$198	Amount