HENRY MIZE CHARITABLE FOUNDATION INC: Form 990, tax year 2012

View the entire original 990 at ProPublica ↗

Organization: HENRY MIZE CHARITABLE FOUNDATION INC (EIN 20-0564747)
Tax period: 2012-01-01 to 2012-12-31
Filed: 2013-05-08
IRS object ID: 201331289349301123
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
Schedule A
Schedule I
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2013-05-08T11:48:38-05:00	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	NAIL MCKINNEY PROFESSIONAL ASSOCIATION	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 196	AddressLine1
City	TUPELO	City
State	MS	State
ZIP Code	388020196	ZIPCode

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

Filer Filer

Field	Value	IRS element (for citing)
EIN	200564747	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	THE HENRY MIZE CHARITABLE	BusinessNameLine1
Business Name Line2	FOUNDATION INC	BusinessNameLine2

Field	Value	IRS element (for citing)
Name Control	HENR	NameControl

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	P O BOX 1668	AddressLine1
City	TUPELO	City
State	MS	State
ZIP Code	38802	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	PAUL E MIZE JR	Name
Title	PRESIDENT	Title
Date Signed	2013-05-07	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	LINDA L CRAWFORD CPA	Name
Phone	6628426475	Phone
Date Prepared	2013-05-07	DatePrepared

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

Form 990 IRS990

Field	Value	IRS element (for citing)
Gross Receipts	1258248	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Organization501c3	X	Organization501c3
Web Site	NA	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Activity Or Mission Description	ORGANIZED EXCLUSIVELY FOR EDUCATIONAL AND CHARITABLE PURPOSES.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	4	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	4	NbrIndependentVotingMembers
Total Nbr Employees	0	TotalNbrEmployees
Total Gross UBI	0	TotalGrossUBI
Contributions Grants Current Year	0	ContributionsGrantsCurrentYear
Program Service Revenue CY	0	ProgramServiceRevenueCY
Investment Income Prior Year	233109	InvestmentIncomePriorYear
Investment Income Current Year	211622	InvestmentIncomeCurrentYear
Other Revenue Prior Year	37	OtherRevenuePriorYear
Other Revenue Current Year	72	OtherRevenueCurrentYear
Total Revenue Prior Year	233146	TotalRevenuePriorYear
Total Revenue Current Year	211694	TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year	199453	GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY	183924	GrantsAndSimilarAmntsCY
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Current Year	0	SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	0	TotalFundrsngExpCurrentYear
Other Expense Prior Year	82437	OtherExpensePriorYear
Other Expenses Current Year	86338	OtherExpensesCurrentYear
Total Expenses Prior Year	281890	TotalExpensesPriorYear
Total Expenses Current Year	270262	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	-48744	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	-58568	RevenuesLessExpensesCY
Total Assets BOY	6493533	TotalAssetsBOY
Total Assets EOY	6631461	TotalAssetsEOY
Total Liabilities BOY	2164205	TotalLiabilitiesBOY
Total Liabilities EOY	1972911	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	4329328	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	4658550	NetAssetsOrFundBalancesEOY
Mission Description	ORGANIZED EXCLUSIVELY FOR EDUCATIONAL AND CHARITABLE PURPOSES.	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Expense	183924	Expense
Grants	183924	Grants
Description	OPERATED EXCLUSIVELY FOR THE BENEFIT OF AND TO CARRY OUT THE FUNCTIONS OR PURPOSES OF CREATE FOUNDATION, INC.	Description
Total Program Service Expense	183924	TotalProgramServiceExpense
Described In501 C3	true	DescribedIn501C3
Schedule B Required	false	ScheduleBRequired
Political Activities	false	PoliticalActivities
Lobbying Activities	false	LobbyingActivities
Subject To Proxy Tax	false	SubjectToProxyTax
Donor Advised Funds	false	DonorAdvisedFunds
Conservation Easements	false	ConservationEasements
Collections Of Art	false	CollectionsOfArt
Credit Counseling	false	CreditCounseling
Term Or Permanent Endowments	false	TermOrPermanentEndowments
Report Land Bldg Equip	false	ReportLandBldgEquip
Report Invest Oth Securities	false	ReportInvestOthSecurities
Report Prog Rel Invest	false	ReportProgRelInvest
Report Other Assets	false	ReportOtherAssets
Report Other Liabilities	false	ReportOtherLiabilities
Report Fin48 Footnote	false	ReportFin48Footnote
Independent Audit Financial Stmt	false	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	false	ConsolidatedAuditFinancialStmt
School	false	School
Foreign Office	false	ForeignOffice
Foreign Activities	false	ForeignActivities
More Than5000 K To Organizations	false	MoreThan5000KToOrganizations
More Than5000 K To Individuals	false	MoreThan5000KToIndividuals
Professional Fundraising	false	ProfessionalFundraising
Fundraising Activities	false	FundraisingActivities
Gaming	false	Gaming
Hospital	false	Hospital
Grants To Organizations	true	GrantsToOrganizations
Grants To Individuals	false	GrantsToIndividuals
Schedule J Required	false	ScheduleJRequired
Tax Exempt Bonds	false	TaxExemptBonds
Excess Benefit Transaction	false	ExcessBenefitTransaction
Prior Excess Benefit Transaction	false	PriorExcessBenefitTransaction
Loan To Officer Or DQP	false	LoanToOfficerOrDQP
Grant To Related Person	false	GrantToRelatedPerson
Bsnss Rltnshp With Organization	false	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	false	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	false	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	false	DeductibleNonCashContributions
Deductible Contributions Of Art	false	DeductibleContributionsOfArt
Terminated	false	Terminated
Partial Liquidation	false	PartialLiquidation
Disregarded Entity	false	DisregardedEntity
Related Entity	false	RelatedEntity
Related Org Controlled Entity	false	RelatedOrgControlledEntity
Transfers To Exempt Non Chrtbl Org	false	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	true	ScheduleORequired
Number Forms Transmitted With1096	0	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	false	ComplianceWithBackupWitholding
Number Of Employees	0	NumberOfEmployees
Unrelated Business Income	false	UnrelatedBusinessIncome
Foreign Financial Account	false	ForeignFinancialAccount
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Non Deductible Contributions	false	NonDeductibleContributions
Indoor Tanning Services	false	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	4	NbrVotingGoverningBodyMembers
Number Independent Voting Members	4	NumberIndependentVotingMembers
Family Or Business Relationship	false	FamilyOrBusinessRelationship
Delegation Of Management Duties	false	DelegationOfManagementDuties
Changes To Organizing Docs	false	ChangesToOrganizingDocs
Material Diversion Or Misuse	false	MaterialDiversionOrMisuse
Members Or Stockholders	false	MembersOrStockholders
Election Of Board Members	false	ElectionOfBoardMembers
Decisions Subject To Approval	false	DecisionsSubjectToApproval
Minutes Of Governing Body	true	MinutesOfGoverningBody
Minutes Of Committees	true	MinutesOfCommittees
Officer Mailing Address	false	OfficerMailingAddress
Local Chapters	false	LocalChapters
Form990 Provided To Governing Body	true	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	false	ConflictOfInterestPolicy
Whistleblower Policy	false	WhistleblowerPolicy
Document Retention Policy	false	DocumentRetentionPolicy
Compensation Process CEO	false	CompensationProcessCEO
Compensation Process Other	false	CompensationProcessOther
Investment In Joint Venture	false	InvestmentInJointVenture

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	PAUL MIZE	NamePerson
Telephone Number	6628420222	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	PO BOX 1668	AddressLine1
City	TUPELO	City
State	MS	State
ZIP Code	38802	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (4 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation
GUY MITCHELL
DIRECTOR	1.00	X	300	0	0
MIKE CLAYBORNE
DIRECTOR	1.00	X	300	0	0
JACK REED SR
DIRECTOR	1.00	X	300	0	0
PAUL MIZE
DIRECTOR	1.00	X	0	0	0

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	900	TotalReportableCompFromOrg
Formers Listed	false	FormersListed
Total Comp GT150 K	false	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	142633	TotalRevenueColumn
Related Or Exempt Function Income	142633	RelatedOrExemptFunctionIncome

Gross Amount Sales Assets GrossAmountSalesAssets

Field	Value	IRS element (for citing)
Securities	1115543	Securities

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

Field	Value	IRS element (for citing)
Securities	1046554	Securities

Gain Or Loss GainOrLoss

Field	Value	IRS element (for citing)
Securities	68989	Securities

Net Gain Or Loss Investments NetGainOrLossInvestments

Field	Value	IRS element (for citing)
Total Revenue Column	68989	TotalRevenueColumn
Related Or Exempt Function Income	68989	RelatedOrExemptFunctionIncome

Other Revenue Misc OtherRevenueMisc

Field	Value	IRS element (for citing)
Description	ROYALTIES	Description
Total Revenue Column	72	TotalRevenueColumn
Related Or Exempt Function Income	72	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Total Other Revenue	72	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	211694	TotalRevenueColumn
Related Or Exempt Function Income	211694	RelatedOrExemptFunctionIncome

Grants To Domestic Orgs GrantsToDomesticOrgs

Field	Value	IRS element (for citing)
Total	183924	Total
Program Services	183924	ProgramServices

Fees For Services Management FeesForServicesManagement

Field	Value	IRS element (for citing)
Total	900	Total
Management And General	900	ManagementAndGeneral

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	180	Total
Management And General	180	ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	800	Total
Management And General	800	ManagementAndGeneral

Other Expenses OtherExpenses (4 entries)

DescriptionDescription	TotalTotal	Management And GeneralManagementAndGeneral
TRUSTEE FEES	64047	64047
ADMINISTRATIVE FEES	19177	19177
FOREIGN TAXES PAID	1231	1231
OTHER TAXES	3	3

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	270262	Total
Program Services	183924	ProgramServices
Management And General	86338	ManagementAndGeneral
Fundraising	0	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	-22184	BOY
EOY	5163	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	226143	BOY
EOY	63528	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	2164205	BOY
EOY	1972911	EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

Field	Value	IRS element (for citing)
BOY	4125369	BOY
EOY	4589859	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	6493533	BOY
EOY	6631461	EOY

Unsecured Notes Loans Payable UnsecuredNotesLoansPayable

Field	Value	IRS element (for citing)
BOY	2164205	BOY
EOY	1972911	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	2164205	BOY
EOY	1972911	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	4329328	BOY
EOY	4658550	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	4329328	BOY
EOY	4658550	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	6493533	BOY
EOY	6631461	EOY

Field	Value	IRS element (for citing)
Reconcilation Revenue Expenses	-58568	ReconcilationRevenueExpenses
Reconcilation Other Changes	387790	ReconcilationOtherChanges
Method Of Accounting Cash	X	MethodOfAccountingCash
Accountant Compile Or Review	false	AccountantCompileOrReview
FS Audited	false	FSAudited

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Supporting Organization509a3	X	SupportingOrganization509a3
Supporting Org509a3 Type3 Non Func	X	SupportingOrg509a3Type3NonFunc
Certification Checkbox	X	CertificationCheckbox
Contrib By Controlling Individual	false	ContribByControllingIndividual
Contribution By Related Party	false	ContributionByRelatedParty
Contrib By35 Controlled Entity	false	ContribBy35ControlledEntity

Supported Org Information SupportedOrgInformation

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	CREATE FOUNDATION	BusinessNameLine1
Business Name Line2	CREATE FOUNDATION	BusinessNameLine2

Field	Value	IRS element (for citing)
EIN	237248582	EIN
Type Of Organization	8	TypeOfOrganization
Listed In Governing Doc	true	ListedInGoverningDoc
Supported Organization Notified	true	SupportedOrganizationNotified
Organized In US	true	OrganizedInUS
Amount	$183,924	Amount

Field	Value	IRS element (for citing)
Total Number Of Supported Orgs	1	TotalNumberOfSupportedOrgs
Sum Of Amounts	183924	SumOfAmounts

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Records Maintained	false	RecordsMaintained

Recipient Table RecipientTable

Recipient Name Business RecipientNameBusiness

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

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	PO BOX 1053	AddressLine1
City	TUPELO	City
State	MS	State
ZIP Code	38802	ZIPCode

Field	Value	IRS element (for citing)
Amount Of Cash Grant	183924	AmountOfCashGrant

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (3 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
ORGANIZATION'S PROCESS USED TO REVIEW FORM 990	FORM 990, PAGE 6, PART VI, LINE 11B	THE FOUNDATION DIRECTORS REVIEW THE 990 RETURN PRIOR TO THE FILING.
GOVERNING DOCUMENTS DISCLOSURE EXPLANATION	FORM 990, PAGE 6, PART VI, LINE 19	FOUNDATION DIRECTORS WILL PROVIDE THE DOCUMENTS UPON REQUEST.
OTHER CHANGES IN NET ASSETS EXPLANATION	FORM 990, PART XI, LINE 9	CHANGE IN INVESTMENT MARKET VALUES 387,790