RUTH J JONES CHARITABLE FOUNDATION: Form 990PF, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- RUTH J JONES CHARITABLE FOUNDATION (EIN 30-0097675)
- Tax period
- 2012-01-01 to 2012-12-31
- Filed
- 2013-05-14
- IRS object ID
- 201331349349100103
- 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
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Other Professional Fees Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-05-14T03:43:25-07:00 | 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 | BRUCE A BACHELDER CPA | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1479 | AddressLine1 |
| City | DAMARISCOTTA | City |
| State | ME | State |
| ZIP Code | 04543 | 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 | 300097675 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE RUTH J JONES CHARITABLE FOUNDATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | RUTH | NameControl |
| Phone | 2075638104 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O ROBERT B GREGORY | AddressLine1 |
| City | DAMARISCOTTA | City |
| State | ME | State |
| ZIP Code | 04543 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | ROBERT B GREGORY | Name |
| Title | TRUSTEE | Title |
| Phone | 2075638104 | Phone |
| Date Signed | 2013-05-11 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | BRUCE A BACHELDERCPA | Name |
| Phone | 2075637540 | 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) |
|---|---|---|
| Exempt PF | X | ExemptPF |
| FMV Assets EOY | 184182 | 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 | 7 | InterestOnSavingsRevAndExpnss |
| Interest On Savings Net Invst Incm | 7 | InterestOnSavingsNetInvstIncm |
| Dividends Rev And Expnss | 2800 | DividendsRevAndExpnss |
| Dividends Net Invst Incm | 2800 | DividendsNetInvstIncm |
| Capital Gain Net Incm Net Invst Incm | 0 | CapitalGainNetIncmNetInvstIncm |
| Total Revenue And Expenses | 2807 | TotalRevenueAndExpenses |
| Total Net Investment Income | 2807 | TotalNetInvestmentIncome |
| Comp Ofcr Dir Trst Rev And Expnss | 1513 | CompOfcrDirTrstRevAndExpnss |
| Accounting Fees Rev And Expnss | 510 | AccountingFeesRevAndExpnss |
| Other Prof Fees Rev And Expnss | 1656 | OtherProfFeesRevAndExpnss |
| Other Prof Fees Net Invst Incm | 1656 | OtherProfFeesNetInvstIncm |
| Tot Opr Expenses Rev And Expnss | 3679 | TotOprExpensesRevAndExpnss |
| Tot Opr Expenses Net Invst Incm | 1656 | TotOprExpensesNetInvstIncm |
| Tot Opr Expenses Dsbrs Chrtbl Prps | 0 | TotOprExpensesDsbrsChrtblPrps |
| Contri Gifts Paid Rev And Expnss | 0 | ContriGiftsPaidRevAndExpnss |
| Contri Gifts Paid Dsbrs Chrtbl Prps | 0 | ContriGiftsPaidDsbrsChrtblPrps |
| Total Expenses Rev And Expnss | 3679 | TotalExpensesRevAndExpnss |
| Total Expenses Net Invst Incm | 1656 | TotalExpensesNetInvstIncm |
| Total Expenses Dsbrs Chrtbl Prps | 0 | TotalExpensesDsbrsChrtblPrps |
| Excess Of Revenue Over Expenses | -872 | ExcessOfRevenueOverExpenses |
| Net Investment Income | 1151 | NetInvestmentIncome |
Balance Sheets BalanceSheets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Savings And Temp Cash Invst BOY | 7659 | SavingsAndTempCashInvstBOY |
| Savings And Temp Cash Invst EOY | 5642 | SavingsAndTempCashInvstEOY |
| Savings And Temp Cash Invst EOYFMV | 5642 | SavingsAndTempCashInvstEOYFMV |
| Investments Corp Stock BOY | 114933 | InvestmentsCorpStockBOY |
| Investments Corp Stock EOY | 114162 | InvestmentsCorpStockEOY |
| Investments Corp Stock EOYFMV | 167033 | InvestmentsCorpStockEOYFMV |
| Investments Corp Bonds BOY | 9591 | InvestmentsCorpBondsBOY |
| Investments Corp Bonds EOY | 11507 | InvestmentsCorpBondsEOY |
| Investments Corp Bonds EOYFMV | 11507 | InvestmentsCorpBondsEOYFMV |
| Total Assets BOY | 132183 | TotalAssetsBOY |
| Total Assets EOY | 131311 | TotalAssetsEOY |
| Total Assets EOYFMV | 184182 | TotalAssetsEOYFMV |
| Total Liabilities EOY | 0 | TotalLiabilitiesEOY |
| Org That Do Not Follow SFAS117 | X | OrgThatDoNotFollowSFAS117 |
| Retained Earnings BOY | 132183 | RetainedEarningsBOY |
| Retained Earnings EOY | 131311 | RetainedEarningsEOY |
| Total Net Assets BOY | 132183 | TotalNetAssetsBOY |
| Total Net Assets EOY | 131311 | TotalNetAssetsEOY |
| Total Liabilities Net Assets BOY | 132183 | TotalLiabilitiesNetAssetsBOY |
| Total Liabilities Net Assets EOY | 131311 | TotalLiabilitiesNetAssetsEOY |
Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Net Assets Fund Balances BOY | 132183 | TotalNetAssetsFundBalancesBOY |
| Excess Of Revenue Over Expenses | -872 | ExcessOfRevenueOverExpenses |
| Subtotal | 131311 | Subtotal |
| Total Net Assets Fund Balances EOY | 131311 | TotalNetAssetsFundBalancesEOY |
Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable For4942 Tax | false | LiableFor4942Tax |
| Qualifying Distributions Year1 | 14024 | QualifyingDistributionsYear1 |
| Noncharitable Assets Year1 | 169515 | NoncharitableAssetsYear1 |
| Distribution Ratio Year1 | 0.082730 | DistributionRatioYear1 |
| Qualifying Distributions Year2 | 15050 | QualifyingDistributionsYear2 |
| Noncharitable Assets Year2 | 170808 | NoncharitableAssetsYear2 |
| Distribution Ratio Year2 | 0.088111 | DistributionRatioYear2 |
| Qualifying Distributions Year3 | 15969 | QualifyingDistributionsYear3 |
| Noncharitable Assets Year3 | 166646 | NoncharitableAssetsYear3 |
| Distribution Ratio Year3 | 0.095826 | DistributionRatioYear3 |
| Qualifying Distributions Year4 | 15965 | QualifyingDistributionsYear4 |
| Noncharitable Assets Year4 | 212638 | NoncharitableAssetsYear4 |
| Distribution Ratio Year4 | 0.075081 | DistributionRatioYear4 |
| Qualifying Distributions Year5 | 15929 | QualifyingDistributionsYear5 |
| Noncharitable Assets Year5 | 260489 | NoncharitableAssetsYear5 |
| Distribution Ratio Year5 | 0.061150 | DistributionRatioYear5 |
| Total Distribution Ratio | 0.402898 | TotalDistributionRatio |
| Average Distribution Ratio | 0.080580 | AverageDistributionRatio |
| Net Noncharitable Assets | 174617 | NetNoncharitableAssets |
| Adjusted Noncharitable Assets | 14071 | AdjustedNoncharitableAssets |
| One Percent Net Investment Income | 12 | OnePercentNetInvestmentIncome |
| Adj Nonchrtbl Assets And One | 14083 | AdjNonchrtblAssetsAndOnePct |
| Qualifying Distributions | 0 | QualifyingDistributions |
Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | 23 | InvestmentIncomeExciseTax |
| Tax Under Section511 | 0 | TaxUnderSection511 |
| Subtotal | 23 | Subtotal |
| Tax Based On Investment Income | 23 | TaxBasedOnInvestmentIncome |
| Est Tax Payments And Overpayment | 5 | EstTaxPaymentsAndOverpayment |
| Total Credits And Payments | 5 | TotalCreditsAndPayments |
| Tax Paid Original Return | 5 | TaxPaidOriginalReturn |
| Tax Due | 18 | TaxDue |
| Amount Credited To Next Year | 0 | 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 | true | RequirementsOfSect508e |
| At Least5000 In Assets | true | AtLeast5000InAssets |
| States Filed With | ME | 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 |
| Website Address | N/A | WebsiteAddress |
| Books In Care Of Person Name | ROBERT B GREGORY | BooksInCareOfPersonName |
| Books In Care Of Phone Number | 2075638104 | BooksInCareOfPhoneNumber |
Books In Care Of US Address BooksInCareOfUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 760 | AddressLine1 |
| City | DAMARISCOTTA | City |
| State | ME | State |
| ZIP Code | 04543 | 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 |
| 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 |
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 | Contri To Empl Benefit Plans EtcContriToEmplBenefitPlansEtc | Expense Account Other AllowancesExpenseAccountOtherAllowances |
|---|---|---|---|---|---|---|---|---|
| ROBERT B GREGORY | ||||||||
| PO BOX 760 | DAMARISCOTTA | ME | 04543 | TRUSTEE | 0.50 | 1513 | 0 | 0 |
| RUTH J JONES | ||||||||
| 35 SCHOONER STREET 303 | DAMARISCOTTA | ME | 04543 | TRUSTEE | 0 | 0 | 0 | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Highest Paid Empl NONE | NONE | CompOfHighestPaidEmplNONE |
| Tot Number Of Oth Empl Paid Over50k | 0 | TotNumberOfOthEmplPaidOver50k |
| Comp Of Hghst Paid Cntrct NONE | NONE | CompOfHghstPaidCntrctNONE |
| Tot Number Of Cntrct Paid Over50k | 0 | TotNumberOfCntrctPaidOver50k |
Minimum Investment Return MinimumInvestmentReturn
| Field | Value | IRS element (for citing) |
|---|---|---|
| Avg Monthly FMV Of Securities | 170615 | AvgMonthlyFMVOfSecurities |
| Avg Monthly Cash Balances | 6661 | AvgMonthlyCashBalances |
| FMV All Other Noncharitable Assets | 0 | FMVAllOtherNoncharitableAssets |
| Total FMV Of Unused Assets | 177276 | TotalFMVOfUnusedAssets |
| Adj Total FMV Of Unused Assets | 177276 | AdjTotalFMVOfUnusedAssets |
| Cash Deemed Charitable | 2659 | CashDeemedCharitable |
| Net Noncharitable Assets | 174617 | NetNoncharitableAssets |
| Minimum Investment Return | 8731 | MinimumInvestmentReturn |
Distributable DistributableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | 8731 | MinimumInvestmentReturn |
| Tax Based On Investment Income | 23 | TaxBasedOnInvestmentIncome |
| Total Tax | 23 | TotalTax |
| Distributable Amount Before Adj | 8708 | DistributableAmountBeforeAdj |
| Distributable Amount Before Ded | 8708 | DistributableAmountBeforeDed |
| Distributable Amount As Adjusted | 8708 | DistributableAmountAsAdjusted |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | 0 | ExpensesAndContributions |
Undistributed Income UndistributedIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable Amount As Adjusted | 8708 | DistributableAmountAsAdjusted |
| Undistributed Income Prior Year | 8450 | UndistributedIncomePriorYear |
| Excess Distri Carryover Year4 | 8283 | ExcessDistriCarryoverYear4 |
| Excess Distri Carryover Year3 | 7708 | ExcessDistriCarryoverYear3 |
| Excess Distri Carryover Year2 | 6510 | ExcessDistriCarryoverYear2 |
| Excess Distri Carryover Year1 | 14050 | ExcessDistriCarryoverYear1 |
| Total Excess Distri Carryover | 36551 | TotalExcessDistriCarryover |
| Applied To Year1 | 8450 | AppliedToYear1 |
| Applied To Current Year | 8708 | AppliedToCurrentYear |
| Total Corpus | 36551 | TotalCorpus |
| Undistributed Income CY | 0 | UndistributedIncomeCY |
| Distri From Corpus170b1 E Or4942g3 | 17158 | DistriFromCorpus170b1EOr4942g3 |
| Excess Distri Cyov To Next Year | 19393 | ExcessDistriCyovToNextYear |
| Excess From Year2 | 5343 | ExcessFromYear2 |
| Excess From Year1 | 14050 | ExcessFromYear1 |
Supplementary Information SupplementaryInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | RUTH J JONES | ContributingManager |
| Only Contributes To Preselected | X | OnlyContributesToPreselected |
Analysis Income Producing Acty AnalysisIncomeProducingActy
Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $7 | ExclusionAmount |
Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $2,800 | ExclusionAmount |
Subtotals Part XVIA SubtotalsPartXVIA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $2,807 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Part XVIA | 2807 | 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 | BRUCE A BACHELDER CPA ACCOUNTING | Category |
| Amount | $510 | Amount |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corp Bonds InvestmentsCorpBonds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Bond | PRIME MONEY MARKET FUND | NameOfBond |
| EOY Book Value | 11507 | EOYBookValue |
| EOYFMV | 11507 | EOYFMV |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corp Stock InvestmentsCorpStock (13 entries)
| Name Of StockNameOfStock | EOY Book ValueEOYBookValue | EOYFMVEOYFMV |
|---|---|---|
| AIR PDTS & CHEMICALS | 4559 | 7562 |
| APPLE | 9526 | 13304 |
| CHEVRON | 5792 | 17302 |
| COLGATE PALMOLIVE | 7953 | 15681 |
| EATON VANCE TAX MANAGED | 9104 | 12500 |
| GILEAD SCIENCES | 12329 | 29380 |
| GROWTH FUND OF AMERICA | 29162 | 31354 |
| POWERSHARES QQQQ | 9738 | 13026 |
| TARGET | 5262 | 9467 |
| US BANCORP | 4888 | 5749 |
| WASHINGTON MUTUAL INVESTORS | 143 | 192 |
| BP PLC | 7469 | 5830 |
| ISHARES MSCI EAFE INDEX | 8237 | 5686 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees OtherProfessionalFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | RBC INVESTMENT COUNSEL | Category |
| Amount | $1,656 | Amount |
| Net Investment Income | 1656 | NetInvestmentIncome |