JAMES W HOOD FAMILY FOUNDATION: Form 990PF, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- JAMES W HOOD FAMILY FOUNDATION (EIN 20-2640916)
- Tax period
- 2012-01-01 to 2012-12-31
- Filed
- 2013-08-13
- IRS object ID
- 201322259349100437
- Schema version
- 2012v2.1
- 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
- Depreciation Schedule
- Investments Other Schedule2
- Land Etc Schedule2
- Other Decreases Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-08-13T15:37:01-05:00 | 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 | BKD LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 190 E Capitol Street Ste 500 | AddressLine1 |
| City | Jackson | City |
| State | MS | State |
| ZIP Code | 392012190 | 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 | 202640916 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | James W Hood Family Foundation | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of Name | % JAMES W HOOD | InCareOfName |
| Name Control | JAME | NameControl |
| Phone | 6019823730 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 4931 | AddressLine1 |
| Address Line2 | Suite | AddressLine2 |
| City | Jackson | City |
| State | MS | State |
| ZIP Code | 39296 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | James W Hood | Name |
| Title | President | Title |
| Phone | 6019486700 | Phone |
| Date Signed | 2013-08-15 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Donna W Bruce CPA | Name |
| Phone | 6019486700 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exempt PF | X | ExemptPF |
| FMV Assets EOY | 10712048 | FMVAssetsEOY |
| Method Of Accounting Cash | X | MethodOfAccountingCash |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Received Rev And Expnss | 45000 | ContriReceivedRevAndExpnss |
| Interest On Savings Rev And Expnss | 11258 | InterestOnSavingsRevAndExpnss |
| Interest On Savings Net Invst Incm | 11214 | InterestOnSavingsNetInvstIncm |
| Dividends Rev And Expnss | 228062 | DividendsRevAndExpnss |
| Dividends Net Invst Incm | 228062 | DividendsNetInvstIncm |
| Net Gain Sale Assets Rev And Expnss | 371162 | NetGainSaleAssetsRevAndExpnss |
| Gross Sales Price | 5028635 | GrossSalesPrice |
| Capital Gain Net Incm Net Invst Incm | 371162 | CapitalGainNetIncmNetInvstIncm |
| Other Income Rev And Expnss | -10560 | OtherIncomeRevAndExpnss |
| Other Income Net Invst Incm | -10560 | OtherIncomeNetInvstIncm |
| Total Revenue And Expenses | 644922 | TotalRevenueAndExpenses |
| Total Net Investment Income | 599878 | TotalNetInvestmentIncome |
| Accounting Fees Rev And Expnss | 4550 | AccountingFeesRevAndExpnss |
| Accounting Fees Net Invst Incm | 4550 | AccountingFeesNetInvstIncm |
| Accounting Fees Adj Net Incm | 0 | AccountingFeesAdjNetIncm |
| Accounting Fees Dsbrs Chrtbl Prps | 0 | AccountingFeesDsbrsChrtblPrps |
| Other Prof Fees Rev And Expnss | 88660 | OtherProfFeesRevAndExpnss |
| Other Prof Fees Net Invst Incm | 88660 | OtherProfFeesNetInvstIncm |
| Taxes Rev And Expnss | 40908 | TaxesRevAndExpnss |
| Taxes Net Invst Incm | 4081 | TaxesNetInvstIncm |
| Tot Opr Expenses Rev And Expnss | 134118 | TotOprExpensesRevAndExpnss |
| Tot Opr Expenses Net Invst Incm | 97291 | TotOprExpensesNetInvstIncm |
| Tot Opr Expenses Adj Net Incm | 0 | TotOprExpensesAdjNetIncm |
| Tot Opr Expenses Dsbrs Chrtbl Prps | 0 | TotOprExpensesDsbrsChrtblPrps |
| Contri Gifts Paid Rev And Expnss | 245000 | ContriGiftsPaidRevAndExpnss |
| Contri Gifts Paid Dsbrs Chrtbl Prps | 245000 | ContriGiftsPaidDsbrsChrtblPrps |
| Total Expenses Rev And Expnss | 379118 | TotalExpensesRevAndExpnss |
| Total Expenses Net Invst Incm | 97291 | TotalExpensesNetInvstIncm |
| Total Expenses Adj Net Incm | 0 | TotalExpensesAdjNetIncm |
| Total Expenses Dsbrs Chrtbl Prps | 245000 | TotalExpensesDsbrsChrtblPrps |
| Excess Of Revenue Over Expenses | 265804 | ExcessOfRevenueOverExpenses |
| Net Investment Income | 502587 | NetInvestmentIncome |
Balance Sheets BalanceSheets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Savings And Temp Cash Invst BOY | 969299 | SavingsAndTempCashInvstBOY |
| Savings And Temp Cash Invst EOY | 763891 | SavingsAndTempCashInvstEOY |
| Savings And Temp Cash Invst EOYFMV | 763891 | SavingsAndTempCashInvstEOYFMV |
| Investments Corp Stock BOY | 7394981 | InvestmentsCorpStockBOY |
| Investments Corp Stock EOY | 8769975 | InvestmentsCorpStockEOY |
| Investments Corp Stock EOYFMV | 8769975 | InvestmentsCorpStockEOYFMV |
| Investments Corp Bonds BOY | 505410 | InvestmentsCorpBondsBOY |
| Investments Corp Bonds EOY | 693876 | InvestmentsCorpBondsEOY |
| Investments Corp Bonds EOYFMV | 693876 | InvestmentsCorpBondsEOYFMV |
| Investments Other BOY | 488095 | InvestmentsOtherBOY |
| Investments Other EOY | 524306 | InvestmentsOtherEOY |
| Investments Other EOYFMV | 484306 | InvestmentsOtherEOYFMV |
| Total Assets BOY | 9357785 | TotalAssetsBOY |
| Total Assets EOY | 10752048 | TotalAssetsEOY |
| Total Assets EOYFMV | 10712048 | TotalAssetsEOYFMV |
| Total Liabilities EOY | 0 | TotalLiabilitiesEOY |
| Org That Do Not Follow SFAS117 | X | OrgThatDoNotFollowSFAS117 |
| Retained Earnings BOY | 9357785 | RetainedEarningsBOY |
| Retained Earnings EOY | 10752048 | RetainedEarningsEOY |
| Total Net Assets BOY | 9357785 | TotalNetAssetsBOY |
| Total Net Assets EOY | 10752048 | TotalNetAssetsEOY |
| Total Liabilities Net Assets BOY | 9357785 | TotalLiabilitiesNetAssetsBOY |
| Total Liabilities Net Assets EOY | 10752048 | TotalLiabilitiesNetAssetsEOY |
Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Net Assets Fund Balances BOY | 9357785 | TotalNetAssetsFundBalancesBOY |
| Excess Of Revenue Over Expenses | 265804 | ExcessOfRevenueOverExpenses |
| Other Increases | 1155057 | OtherIncreases |
| Subtotal | 10778646 | Subtotal |
| Other Decreases | 26598 | OtherDecreases |
| Total Net Assets Fund Balances EOY | 10752048 | TotalNetAssetsFundBalancesEOY |
Capital Gains And Losses CapitalGainsAndLosses
Capital Gains And Losses Info CapitalGainsAndLossesInfo (12 entries)
| Description Of AssetDescriptionOfAsset | Gross Sales PriceGrossSalesPrice | Cost Or Other BasisCostOrOtherBasis | Gain Or LossGainOrLoss | Gains Minus Excess Or LossesGainsMinusExcessOrLosses |
|---|---|---|---|---|
| PINNACLE #30418P - SEE ATTACHED | 2470057 | 2500003 | -29946 | -29946 |
| PINNACLE #30418P WASH LOSS DISALLOWED | 25079 | 25079 | 25079 | |
| PINNACLE #30418 - SEE ATTACHED | 542779 | 523229 | 19550 | 19550 |
| PINNACLE #30418 WASH LOSS DISALLOWED | 1357 | 1357 | 1357 | |
| PINNACLE #30418 - SEE ATTACHED | 147070 | 138352 | 8718 | 8718 |
| PINNACLE #30418 WASH LOSS DISALLOWED | 158 | 158 | 158 | |
| PINNACLE #30418 - SEE ATTACHED | 21837 | 21803 | 34 | 34 |
| PINNACLE #30418 WASH LOSS DISALLOWED | 3 | 3 | 3 | |
| PINNACLE #30418 - SEE ATTACHED | 266502 | 256752 | 9750 | 9750 |
| PINNACLE #30418 - SEE ATTACHED | 339 | 339 | 339 | |
| MORGAN STANLEY - SEE ATTACHED | 1121685 | 849466 | 272219 | 272219 |
| MORGAN STANLEY - SEE ATTACHED | 431769 | 367868 | 63901 | 63901 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | 371162 | CapitalGainNetIncome |
Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable For4942 Tax | false | LiableFor4942Tax |
| Qualifying Distributions Year1 | 155500 | QualifyingDistributionsYear1 |
| Noncharitable Assets Year1 | 9701663 | NoncharitableAssetsYear1 |
| Distribution Ratio Year1 | 0.016028 | DistributionRatioYear1 |
| Qualifying Distributions Year2 | 195000 | QualifyingDistributionsYear2 |
| Noncharitable Assets Year2 | 9164990 | NoncharitableAssetsYear2 |
| Distribution Ratio Year2 | 0.021277 | DistributionRatioYear2 |
| Qualifying Distributions Year3 | 206000 | QualifyingDistributionsYear3 |
| Noncharitable Assets Year3 | 826527 | NoncharitableAssetsYear3 |
| Distribution Ratio Year3 | 0.249236 | DistributionRatioYear3 |
| Qualifying Distributions Year4 | 194250 | QualifyingDistributionsYear4 |
| Noncharitable Assets Year4 | 43744 | NoncharitableAssetsYear4 |
| Distribution Ratio Year4 | 4.440609 | DistributionRatioYear4 |
| Qualifying Distributions Year5 | 190744 | QualifyingDistributionsYear5 |
| Noncharitable Assets Year5 | 16461 | NoncharitableAssetsYear5 |
| Distribution Ratio Year5 | 11.587631 | DistributionRatioYear5 |
| Total Distribution Ratio | 16.314781 | TotalDistributionRatio |
| Average Distribution Ratio | 3.262956 | AverageDistributionRatio |
| Net Noncharitable Assets | 10215869 | NetNoncharitableAssets |
| Adjusted Noncharitable Assets | 33333931 | AdjustedNoncharitableAssets |
| One Percent Net Investment Income | 5026 | OnePercentNetInvestmentIncome |
| Adj Nonchrtbl Assets And One | 33338957 | AdjNonchrtblAssetsAndOnePct |
| Qualifying Distributions | 245000 | QualifyingDistributions |
Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | 10052 | InvestmentIncomeExciseTax |
| Subtotal | 10052 | Subtotal |
| Tax Based On Investment Income | 10052 | TaxBasedOnInvestmentIncome |
| Est Tax Payments And Overpayment | 20640 | EstTaxPaymentsAndOverpayment |
| Total Credits And Payments | 20640 | TotalCreditsAndPayments |
| Overpayment | 10588 | Overpayment |
| Amount Credited To Next Year | 10588 | 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 |
| Termination Etc | false | TerminationEtc |
| Requirements Of Sect508e | true | RequirementsOfSect508e |
| At Least5000 In Assets | true | AtLeast5000InAssets |
| States Filed With | MS | 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 | JAMES W HOOD | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Books In Care Of Phone Number | 6015408600 | BooksInCareOfPhoneNumber |
Books In Care Of US Address BooksInCareOfUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 4931 | AddressLine1 |
| City | JACKSON | City |
| State | MS | State |
| ZIP Code | 39296 | 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 |
| Uncorrected Prior Acts | false | UncorrectedPriorActs |
| Undistributed Income Prior Years | false | UndistributedIncomePriorYears |
| Undistr Income4942a2 Not Applied | false | UndistrIncome4942a2NotApplied |
| Business Holdings | true | 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 |
| Rcv Funds To Pay Prsnl Bnft Contract | false | RcvFundsToPayPrsnlBnftContract |
| Pay Premiums Prsnl Bnft Contract | false | PayPremiumsPrsnlBnftContract |
| Prohibited Tax Shelter Transactn | false | ProhibitedTaxShelterTransactn |
Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo
Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (4 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | TitleTitle | Avg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPosition | CompensationCompensation |
|---|---|---|---|---|---|---|
| James W Hood | ||||||
| PO Box 4931 | Jackson | MS | 39296 | President | 0 | 0 |
| Paula J Hood | ||||||
| PO Box 4931 | Jackson | MS | 39296 | Director | 0 | 0 |
| J Wilson Hood Jr | ||||||
| 1740 Howard Street | Jackson | MS | 39202 | Director | 0 | 0 |
| Sylvia Napper | ||||||
| PO Box 4931 | Jackson | MS | 39296 | Secretary | 0 | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Summary Of Direct Charitable Acty | SummaryOfDirectCharitableActy | |
| Sum Of Program Related Investments | SumOfProgramRelatedInvestments |
Minimum Investment Return MinimumInvestmentReturn
| Field | Value | IRS element (for citing) |
|---|---|---|
| Avg Monthly FMV Of Securities | 9172256 | AvgMonthlyFMVOfSecurities |
| Avg Monthly Cash Balances | 714879 | AvgMonthlyCashBalances |
| FMV All Other Noncharitable Assets | 484306 | FMVAllOtherNoncharitableAssets |
| Total FMV Of Unused Assets | 10371441 | TotalFMVOfUnusedAssets |
| Acquisition Indebtedness | 0 | AcquisitionIndebtedness |
| Adj Total FMV Of Unused Assets | 10371441 | AdjTotalFMVOfUnusedAssets |
| Cash Deemed Charitable | 155572 | CashDeemedCharitable |
| Net Noncharitable Assets | 10215869 | NetNoncharitableAssets |
| Minimum Investment Return | 510793 | MinimumInvestmentReturn |
Distributable DistributableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | 510793 | MinimumInvestmentReturn |
| Tax Based On Investment Income | 10052 | TaxBasedOnInvestmentIncome |
| Total Tax | 10052 | TotalTax |
| Distributable Amount Before Adj | 500741 | DistributableAmountBeforeAdj |
| Distributable Amount Before Ded | 500741 | DistributableAmountBeforeDed |
| Distributable Amount As Adjusted | 500741 | DistributableAmountAsAdjusted |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | 245000 | 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 | 245000 | QualifyingDistributions |
| Adj Qualifying Distributions | 245000 | AdjQualifyingDistributions |
Undistributed Income UndistributedIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable Amount As Adjusted | 500741 | DistributableAmountAsAdjusted |
| Undistributed Income Prior Year | 0 | UndistributedIncomePriorYear |
| Prior Year1 | 2010 | PriorYear1 |
| Prior Year2 | 2009 | PriorYear2 |
| Prior Year3 | 2008 | PriorYear3 |
| Total For Prior Years | 0 | TotalForPriorYears |
| Excess Distri Carryover Year4 | 6324 | ExcessDistriCarryoverYear4 |
| Excess Distri Carryover Year3 | 164674 | ExcessDistriCarryoverYear3 |
| Total Excess Distri Carryover | 170998 | TotalExcessDistriCarryover |
| Qualifying Distributions | 245000 | QualifyingDistributions |
| Applied To Year1 | 0 | AppliedToYear1 |
| Applied To Current Year | 245000 | AppliedToCurrentYear |
| Remaining Distri From Corpus | 0 | RemainingDistriFromCorpus |
| Excess Distri Cyov App CY Corpus | 170998 | ExcessDistriCyovAppCYCorpus |
| Excess Distri Cyov Applied CY | 170998 | ExcessDistriCyovAppliedCY |
| Prior Year Undistributed Income | 0 | PriorYearUndistributedIncome |
| Taxable Amount1 | 0 | TaxableAmount1 |
| Taxable Amount2 | 0 | TaxableAmount2 |
| Undistributed Income CY | 84743 | UndistributedIncomeCY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundations |
Supplementary Information SupplementaryInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | JAMES W HOOD | ContributingManager |
| Shareholder Manager | NONE | ShareholderManager |
Appication Submission Info AppicationSubmissionInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Name | James W Hood | RecipientName |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 4931 | AddressLine1 |
| City | JACKSON | City |
| State | MS | State |
| ZIP Code | 39296 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone Number | 6015408600 | RecipientPhoneNumber |
| Form And Info And Materials | NO SPECIFIC FORM IS REQUIRED | FormAndInfoAndMaterials |
| Submission Deadlines | NONE | SubmissionDeadlines |
| Restrictions On Awards | NONE | RestrictionsOnAwards |
Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (3 entries)
| Address Line1RecipientUSAddress/AddressLine1 | Address Line2RecipientUSAddress/AddressLine2 | CityRecipientUSAddress/City | StateRecipientUSAddress/State | ZIP CodeRecipientUSAddress/ZIPCode | Recipient RelationshipRecipientRelationship | Recipient Foundation StatusRecipientFoundationStatus | Purpose Of Grant Or ContributionPurposeOfGrantOrContribution | AmountAmount |
|---|---|---|---|---|---|---|---|---|
| Andrew Jackson Council | ||||||||
| Boy Scouts of America | 855 Riverside Drive | Jackson | MS | 39202 | None | Public charity | To support character and growth of youth | $100,000 |
| First Presbyterian Church | ||||||||
| 1390 North State Street | Jackson | MS | 39202 | None | Public charity | To support the purposes of the church | $20,000 | |
| Belhaven College | ||||||||
| 1500 Peachtree Street | Jackson | MS | 39202 | None | Public charity | To provide education opportunities and support | $125,000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Grant Or Contri Paid During Year | 245000 | 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 |
| Exclusion | $11,258 | ExclusionAmount |
Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $228,062 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 |
| Exclusion | $371,162 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Events | NetIncomeLossFromSpecialEvents | |
| Gross Profit Loss Sales Of Invntry | GrossProfitLossSalesOfInvntry |
Other Revenue Described OtherRevenueDescribed
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | OTHER INCOME | Description |
| Exclusion Code | 01 | ExclusionCode |
| Exclusion | -$10,560 | ExclusionAmount |
Subtotals Part XVIA SubtotalsPartXVIA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $599,922 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Part XVIA | 599922 | 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 |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | X | Organization501c3ExemptPF |
| General Rule | X | GeneralRule |
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | 1 | ContributorNumber |
| Contributor Name Individual | James W Hood | ContributorNameIndividual |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 4931 | AddressLine1 |
| City | Jackson | City |
| State | MS | State |
| ZIP Code | 39211 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | 45000 | AggregateContributions |
| Person Contribution Type | X | PersonContributionType |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees AccountingFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | Category |
| Amount | $4,550 | Amount |
| Net Investment Income | 4550 | NetInvestmentIncome |
Depreciation Schedule DepreciationSchedule
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOther (3 entries)
| Category Or ItemCategoryOrItem | Listed At Cost Or FMVListedAtCostOrFMV | Book ValueBookValue | EOYFMVEOYFMV |
|---|---|---|---|
| 4165 EASTOVER DRIVE | FMV | 400000 | 360000 |
| RECEIVABLES | FMV | 88095 | 88095 |
| LIVE OAK INVESTMENT FUND I | FMV | 36211 | 36211 |
Land Etc Schedule2 LandEtcSchedule2
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases OtherDecreases
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | TAX ADJ FOR DISALLOWED WASH SALE | Description |
| Amount | $26,598 | Amount |
Other Income Schedule2 OtherIncomeSchedule2
Other Income OtherIncome (2 entries)
| DescriptionDescription | Revenue And Expenses Per BooksRevenueAndExpensesPerBooks | Net Investment IncomeNetInvestmentIncome |
|---|---|---|
| MORGAN STANLEY - OTHER INCOME | 1608 | 1608 |
| LIVE OAK INVESTMENT FUND I | -12168 | -12168 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases OtherIncreases
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | UNREALIZED GAIN/LOSS ON SECURITIES | Description |
| Amount | $1,155,057 | Amount |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees OtherProfessionalFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT FEES | Category |
| Amount | $88,660 | Amount |
| Net Investment Income | 88660 | NetInvestmentIncome |
Taxes Schedule TaxesSchedule
Taxes Taxes (2 entries)
| CategoryCategory | AmountAmount | Net Investment IncomeNetInvestmentIncome |
|---|---|---|
| FOREIGN TAXES PAID | $4,081 | 4081 |
| FEDERAL TAXES | $36,827 |