TURNIP TOP FOUNDATION: Form 990PF, tax year 2012

View the entire original 990 at ProPublica ↗

Organization: TURNIP TOP FOUNDATION (EIN 20-1510559)
Tax period: 2012-01-01 to 2012-12-31
Filed: 2013-05-20
IRS object ID: 201301409349100715
Schema version: 2012v2.0
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
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2013-05-20T17:45:25-07:00	Timestamp
Tax Period End Date	2012-12-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	Koehler & Associates CPAs	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	1541 The Alameda	AddressLine1
City	San Jose	City
State	CA	State
ZIP Code	951263435	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnType
Tax Period Begin Date	2012-01-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	201510559	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	The Turnip Top Foundation	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	TURN	NameControl
Phone	5059838599	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	30 Alley Ranch Trail	AddressLine1
City	Santa Fe	City
State	NM	State
ZIP Code	87505	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	Robin Magowan	Name
Title	Director	Title
Date Signed	2013-05-20	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	David R Koehler CPA	Name
PTIN	P00027310	PTIN
Phone	4082867400	Phone
Self Employed	X	SelfEmployed

Field	Value	IRS element (for citing)
Tax Year	2012	TaxYear
Build TS	2016-02-25 16:41:14Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Address Change	X	AddressChange
Exempt PF	X	ExemptPF
FMV Assets EOY	1679252	FMVAssetsEOY
Method Of Accounting Cash	X	MethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Not Required To Attach Schedule B	X	NotRequiredToAttachScheduleB
Interest On Savings Rev And Expnss	27	InterestOnSavingsRevAndExpnss
Interest On Savings Net Invst Incm	27	InterestOnSavingsNetInvstIncm
Interest On Savings Adj Net Incm	27	InterestOnSavingsAdjNetIncm
Dividends Rev And Expnss	27869	DividendsRevAndExpnss
Dividends Net Invst Incm	27869	DividendsNetInvstIncm
Dividends Adj Net Incm	27869	DividendsAdjNetIncm
Net Gain Sale Assets Rev And Expnss	106577	NetGainSaleAssetsRevAndExpnss
Gross Sales Price	495304	GrossSalesPrice
Capital Gain Net Incm Net Invst Incm	106577	CapitalGainNetIncmNetInvstIncm
Net STCG Adj Net Incm	1100	NetSTCGAdjNetIncm
Total Revenue And Expenses	134473	TotalRevenueAndExpenses
Total Net Investment Income	134473	TotalNetInvestmentIncome
Total Adjusted Net Income	28996	TotalAdjustedNetIncome
Accounting Fees Rev And Expnss	3250	AccountingFeesRevAndExpnss
Accounting Fees Dsbrs Chrtbl Prps	3250	AccountingFeesDsbrsChrtblPrps
Taxes Rev And Expnss	96	TaxesRevAndExpnss
Taxes Net Invst Incm	96	TaxesNetInvstIncm
Tot Opr Expenses Rev And Expnss	3346	TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm	96	TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps	3250	TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss	83500	ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps	83500	ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss	86846	TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm	96	TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps	86750	TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses	47627	ExcessOfRevenueOverExpenses
Net Investment Income	134377	NetInvestmentIncome
Adjusted Net Income	28996	AdjustedNetIncome

Balance Sheets BalanceSheets

Field	Value	IRS element (for citing)
Savings And Temp Cash Invst BOY	147251	SavingsAndTempCashInvstBOY
Savings And Temp Cash Invst EOY	312296	SavingsAndTempCashInvstEOY
Savings And Temp Cash Invst EOYFMV	312296	SavingsAndTempCashInvstEOYFMV
Prepaid Expenses BOY	6590	PrepaidExpensesBOY
Prepaid Expenses EOY	6494	PrepaidExpensesEOY
Prepaid Expenses EOYFMV	6494	PrepaidExpensesEOYFMV
Investments Other BOY	1067454	InvestmentsOtherBOY
Investments Other EOY	950132	InvestmentsOtherEOY
Investments Other EOYFMV	1360462	InvestmentsOtherEOYFMV
Total Assets BOY	1221295	TotalAssetsBOY
Total Assets EOY	1268922	TotalAssetsEOY
Total Assets EOYFMV	1679252	TotalAssetsEOYFMV
Total Liabilities EOY	0	TotalLiabilitiesEOY
Org That Follow SFAS117	X	OrgThatFollowSFAS117
Unrestricted BOY	1221295	UnrestrictedBOY
Unrestricted EOY	1268922	UnrestrictedEOY
Total Net Assets BOY	1221295	TotalNetAssetsBOY
Total Net Assets EOY	1268922	TotalNetAssetsEOY
Total Liabilities Net Assets BOY	1221295	TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY	1268922	TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

Field	Value	IRS element (for citing)
Total Net Assets Fund Balances BOY	1221295	TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses	47627	ExcessOfRevenueOverExpenses
Subtotal	1268922	Subtotal
Total Net Assets Fund Balances EOY	1268922	TotalNetAssetsFundBalancesEOY

Capital Gains And Losses CapitalGainsAndLosses

Field	Value	IRS element (for citing)
Capital Gain Net Income	106577	CapitalGainNetIncome
Net Short Term Capital Gain Or Loss	1100	NetShortTermCapitalGainOrLoss

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

Field	Value	IRS element (for citing)
Liable For4942 Tax	false	LiableFor4942Tax
Qualifying Distributions Year1	101754	QualifyingDistributionsYear1
Noncharitable Assets Year1	1667015	NoncharitableAssetsYear1
Distribution Ratio Year1	0.06104	DistributionRatioYear1
Qualifying Distributions Year2	103175	QualifyingDistributionsYear2
Noncharitable Assets Year2	1570645	NoncharitableAssetsYear2
Distribution Ratio Year2	0.06569	DistributionRatioYear2
Qualifying Distributions Year3	79500	QualifyingDistributionsYear3
Noncharitable Assets Year3	1472068	NoncharitableAssetsYear3
Distribution Ratio Year3	0.05401	DistributionRatioYear3
Qualifying Distributions Year4	111545	QualifyingDistributionsYear4
Noncharitable Assets Year4	1968842	NoncharitableAssetsYear4
Distribution Ratio Year4	0.05666	DistributionRatioYear4
Qualifying Distributions Year5	126582	QualifyingDistributionsYear5
Noncharitable Assets Year5	2295042	NoncharitableAssetsYear5
Distribution Ratio Year5	0.05516	DistributionRatioYear5
Total Distribution Ratio	0.29255	TotalDistributionRatio
Average Distribution Ratio	0.05851	AverageDistributionRatio
Net Noncharitable Assets	1624543	NetNoncharitableAssets
Adjusted Noncharitable Assets	95050	AdjustedNoncharitableAssets
One Percent Net Investment Income	1344	OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One	96394	AdjNonchrtblAssetsAndOnePct
Qualifying Distributions	86750	QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

Field	Value	IRS element (for citing)
Investment Income Excise Tax	2688	InvestmentIncomeExciseTax
Subtotal	2688	Subtotal
Tax Based On Investment Income	2688	TaxBasedOnInvestmentIncome
Est Tax Payments And Overpayment	6494	EstTaxPaymentsAndOverpayment
Total Credits And Payments	6494	TotalCreditsAndPayments
Overpayment	3806	Overpayment
Amount Credited To Next Year	3806	AmountCreditedToNextYear

Statements Regarding Activities StatementsRegardingActivities

Field	Value	IRS element (for citing)
Legislative Political Activities	false	LegislativePoliticalActivities
More Than100 Spent	false	MoreThan100Spent
Form1120 POL Filed	false	Form1120POLFiled
Activities Not Prev Reported	false	ActivitiesNotPrevReported
Changes To Articles Or Bylaws	false	ChangesToArticlesOrBylaws
Unrelated Bus Income Over1000	false	UnrelatedBusIncomeOver1000
Form990 T Filed	false	Form990TFiled
Termination Etc	false	TerminationEtc
Requirements Of Sect508e	false	RequirementsOfSect508e
At Least5000 In Assets	true	AtLeast5000InAssets
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
Website Address	N/A	WebsiteAddress

Books In Care Of Business Name BooksInCareOfBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	Robin Magowan	BusinessNameLine1

Field	Value	IRS element (for citing)
Books In Care Of Phone Number	5059838599	BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

Field	Value	IRS element (for citing)
Address Line1	30 Alley Ranch Trail	AddressLine1
City	Santa Fe	City
State	NM	State
ZIP Code	87505	ZIPCode

Field	Value	IRS element (for citing)
Foreign Bank	false	ForeignBank

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
Acts Fail To Qualify As Exceptions	false	ActsFailToQualifyAsExceptions
Uncorrected Prior Acts	false	UncorrectedPriorActs
Undistributed Income Prior Years	false	UndistributedIncomePriorYears
Undistr Income4942a2 Not Applied	false	UndistrIncome4942a2NotApplied
Business Holdings	false	BusinessHoldings
Excess Business Holdings	false	ExcessBusinessHoldings
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
Tr Fail To Qualify As Exceptions	false	TrFailToQualifyAsExceptions
Maint Expend Responsibility	false	MaintExpendResponsibility
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 (2 entries)

Address Line1USAddress/AddressLine1	CityUSAddress/City	StateUSAddress/State	ZIP CodeUSAddress/ZIPCode	TitleTitle	Avg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPosition	CompensationCompensation
Juliet Mattila
30 Alley Ranch Trail	Santa Fe	NM	87505	Director	2.00	0
Robin Magowan
30 Alley Ranch Trail	Santa Fe	NM	87505	Director	2.00	0

Field	Value	IRS element (for citing)
Comp Of Highest Paid Empl NONE	NONE	CompOfHighestPaidEmplNONE
Comp Of Hghst Paid Cntrct NONE	NONE	CompOfHghstPaidCntrctNONE

Minimum Investment Return MinimumInvestmentReturn

Field	Value	IRS element (for citing)
Avg Monthly FMV Of Securities	1301153	AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances	348129	AvgMonthlyCashBalances
FMV All Other Noncharitable Assets	0	FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets	1649282	TotalFMVOfUnusedAssets
Reduction Claimed	0	ReductionClaimed
Adj Total FMV Of Unused Assets	1649282	AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable	24739	CashDeemedCharitable
Net Noncharitable Assets	1624543	NetNoncharitableAssets
Minimum Investment Return	81227	MinimumInvestmentReturn

Distributable DistributableAmount

Field	Value	IRS element (for citing)
Minimum Investment Return	81227	MinimumInvestmentReturn
Tax Based On Investment Income	2688	TaxBasedOnInvestmentIncome
Total Tax	2688	TotalTax
Distributable Amount Before Adj	78539	DistributableAmountBeforeAdj
Distributable Amount Before Ded	78539	DistributableAmountBeforeDed
Distributable Amount As Adjusted	78539	DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

Field	Value	IRS element (for citing)
Expenses And Contributions	86750	ExpensesAndContributions
Qualifying Distributions	86750	QualifyingDistributions
Adj Qualifying Distributions	86750	AdjQualifyingDistributions

Undistributed Income UndistributedIncome

Field	Value	IRS element (for citing)
Distributable Amount As Adjusted	78539	DistributableAmountAsAdjusted
Excess Distri Carryover Year5	2835	ExcessDistriCarryoverYear5
Excess Distri Carryover Year4	13134	ExcessDistriCarryoverYear4
Excess Distri Carryover Year3	5920	ExcessDistriCarryoverYear3
Excess Distri Carryover Year2	25631	ExcessDistriCarryoverYear2
Excess Distri Carryover Year1	18595	ExcessDistriCarryoverYear1
Total Excess Distri Carryover	66115	TotalExcessDistriCarryover
Qualifying Distributions	86750	QualifyingDistributions
Treated As Distri From Corpus	0	TreatedAsDistriFromCorpus
Applied To Current Year	78539	AppliedToCurrentYear
Remaining Distri From Corpus	8211	RemainingDistriFromCorpus
Total Corpus	74326	TotalCorpus
Undistributed Income CY	0	UndistributedIncomeCY
Excess Distri Cyov From Year5	2835	ExcessDistriCyovFromYear5
Excess Distri Cyov To Next Year	71491	ExcessDistriCyovToNextYear
Excess From Year4	13134	ExcessFromYear4
Excess From Year3	5920	ExcessFromYear3
Excess From Year2	25631	ExcessFromYear2
Excess From Year1	18595	ExcessFromYear1
Excess From Current Year	8211	ExcessFromCurrentYear

Supplementary Information SupplementaryInformation

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

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (29 entries)

Address Line1RecipientUSAddress/AddressLine1	CityRecipientUSAddress/City	StateRecipientUSAddress/State	ZIP CodeRecipientUSAddress/ZIPCode	Recipient RelationshipRecipientRelationship	Recipient Foundation StatusRecipientFoundationStatus	Purpose Of Grant Or ContributionPurposeOfGrantOrContribution	AmountAmount
SLAM
322 Bleecker St	New York	NY	10014	None	Public	Contributions to 501c3 organization	$5,000
SCES
1902 Orange Tree Ln Ste 130	Redlands	CA	92374	None	Public	Contributions to 501c3 organization	$3,000
Salisbury Family Services
30 Salmon Kill Rd	Salisbury	CT	06068	None	Public	Contributions to 501c3 organization	$1,000
International Mountain Bicycling
207 Canyon Ste 301	Boulder	CO	80302	None	Public	Contributions to 501c3 organization	$1,000
Santa Fe Botanical Garden
725 Camino Lejo	Santa Fe	NM	87505	None	Public	Contributions to 501c3 organization	$500
PATH
PO Box 900922	Seattle	WA	98109	None	Public	Contributions to 501c3 organization	$2,000
UCCS Theatrworks
3955 Regent Circle	Colorado Springs	CO	80918	None	Public	Contributions to 501c3 organization	$5,000
Paul David Clark Bicycling
207 Caynon Blvd Suite 202	Boulder	CO	80302	None	Public	Contributions to 501c3 organization	$1,000
Sundays live Museum of art
5905 Wilshire Blvd	Los Angeles	CA	90036	None	Public	Contributions to 501c3 organization	$1,500
Mono Lake Committee
PO Box 29	Lee Vining	CA	93541	None	Public	Contributions to 501c3 organization	$500
The Metropolitan Opera
Lincoln Center	New York	NY	10023	None	Public	Contributions to 501c3 organization	$1,000
Library Foundation of Los Angeles
630 West Fifth Street	Los Angeles	CA	90071	None	Public	Contributions to 501c3 organization	$1,000
LA River Revitalization
570 W Avenue 26 Suite 475	Los Angeles	CA	90065	None	Public	Contributions to 501c3 organization	$500
KUNM
1 University of New Mexico	Albuquerque	NM	87131	None	Public	Contributions to 501c3 organization	$1,000
KSFR
PO Box 31366	Santa Fe	NM	87594	None	Public	Contributions to 501c3 organization	$500
Huntington Museum
2033 Mccoy Rd	Huntington	WV	25701	None	Public	Contributions to 501c3 organization	$750
Heifer International
1 World Ave	Little Rock	AR	72202	None	Public	Contributions to 501c3 organization	$6,500
Hammer Museum
10899 Wilshire Boulevard	Los Angeles	CA	90024	None	Public	Support art and educational programs	$750
Fractured Atlas
248 W 35th street 10th Fl	New York	NY	10001	None	Public	Contributions to 501c3 organization	$10,000
Calvert Foundation
7315 Wisconsin Avenue Ste 1100W	Bethesda	MD	20814	None	Public	Contributions to 501c3 organization	$15,000
Desert Montessori School
44503 Fern Avenue	Lancaster	CA	93534	None	Public	Contributions to 501c3 organization	$10,000
Eastern Sierra Land Trust
176 Home Street	Bishop	CA	93515	None	Public	Contributions to 501c3 organization	$500
Crescendo
110 Camino Ruiz	Camarillo	CA	93012	None	Public	Contributions to 501c3 organization	$5,000
Community Foundation
PO Box 735	Monroe	CT	06468	None	Public	Contributions to 501c3 organization	$5,000
Community Cycles
2805 Wilderness Pl	Boulder	CO	80301	None	Public	Contributions to 501c3 organization	$500
NARGS
PO Box 826 Intersection Route	Stockbridge	MA	01262	None	Public	Contributions to 501c3 organization	$1,000
Chrysaus
1853 Lincoln Blvd	Santa Monica	CA	90404	None	Public	Contributions to 501c3 organization	$2,500
Bicycle Colorado
1525 Market Street Suite 100	Denver	CO	80202	None	Public	Contributions to 501c3 organization	$1,000
Academy of American Poets
75 Maiden Lane 901	New York	NY	10038	None	Public	Support educational programs	$500

Field	Value	IRS element (for citing)
Tot Grant Or Contri Paid During Year	83500	TotGrantOrContriPaidDuringYear

Analysis Income Producing Acty AnalysisIncomeProducingActy

Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst

Field	Value	IRS element (for citing)
Exclusion Code	14	ExclusionCode
Exclusion	$27	ExclusionAmount

Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII

Field	Value	IRS element (for citing)
Exclusion Code	14	ExclusionCode
Exclusion	$27,869	ExclusionAmount

Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry

Field	Value	IRS element (for citing)
Related Or Exempt Function Income	106577	RelatedOrExemptFunctionIncome

Subtotals Part XVIA SubtotalsPartXVIA

Field	Value	IRS element (for citing)
Exclusion	$27,896	ExclusionAmount
Related Or Exempt Function Income	106577	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Total Part XVIA	134473	TotalPartXVIA

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	Accounting Fees	Category
Amount	$3,250	Amount
Net Investment Income	0	NetInvestmentIncome
Adjusted Net Income	0	AdjustedNetIncome
Disbursements Charitable Prps	3250	DisbursementsCharitablePrps

Taxes Schedule TaxesSchedule

Taxes Taxes

Field	Value	IRS element (for citing)
Category	Excise Tax	Category
Amount	$96	Amount
Net Investment Income	96	NetInvestmentIncome