HAMRICK FAMILY FOUNDATION INC: Form 990PF, tax year 2012

View the entire original 990 at ProPublica ↗

Organization: HAMRICK FAMILY FOUNDATION INC (EIN 20-1129596)
Tax period: 2012-01-01 to 2012-12-31
Filed: 2013-08-13
IRS object ID: 201332259349100408
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
Accounting Fees Schedule
Other Expenses Schedule
Other Income Schedule2

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2013-08-13T10:33:40-05:00	Timestamp
Tax Period End Date	2012-12-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Field	Value	IRS element (for citing)
EIN	421541166	EIN

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	W Jay Boyd CPAABV PC	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	PO Box 5176	AddressLine1
City	Buena Vista	City
State	CO	State
ZIP Code	81211	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	201129596	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	Hamrick Family Foundation Inc	BusinessNameLine1
Business Name Line2	A Supporting Organization	BusinessNameLine2

Field	Value	IRS element (for citing)
Name Control	HAMR	NameControl
Phone	7028776200	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	8290 W Sahara 200	AddressLine1
City	Las Vegas	City
State	NV	State
ZIP Code	89117	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	Molly Hamrick	Name
Title	President	Title
Phone	7028776200	Phone
Date Signed	2013-08-12	DateSigned

Preparer Preparer

Field	Value	IRS element (for citing)
Name	W Jay Boyd CPAABV PC	Name
PTIN	P01420558	PTIN
Phone	7199665222	Phone

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	59198	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
Dividends Rev And Expnss	2015	DividendsRevAndExpnss
Dividends Net Invst Incm	2015	DividendsNetInvstIncm
Net Gain Sale Assets Rev And Expnss	4562	NetGainSaleAssetsRevAndExpnss
Gross Sales Price	117755	GrossSalesPrice
Capital Gain Net Incm Net Invst Incm	4562	CapitalGainNetIncmNetInvstIncm
Other Income Rev And Expnss	453	OtherIncomeRevAndExpnss
Other Income Net Invst Incm	453	OtherIncomeNetInvstIncm
Total Revenue And Expenses	7030	TotalRevenueAndExpenses
Total Net Investment Income	7030	TotalNetInvestmentIncome
Comp Ofcr Dir Trst Rev And Expnss	0	CompOfcrDirTrstRevAndExpnss
Comp Ofcr Dir Trst Net Invst Incm	0	CompOfcrDirTrstNetInvstIncm
Comp Ofcr Dir Trst Dsbrs Chrtbl Prps	0	CompOfcrDirTrstDsbrsChrtblPrps
Accounting Fees Rev And Expnss	794	AccountingFeesRevAndExpnss
Accounting Fees Net Invst Incm	794	AccountingFeesNetInvstIncm
Accounting Fees Dsbrs Chrtbl Prps	0	AccountingFeesDsbrsChrtblPrps
Other Expenses Rev And Expnss	1533	OtherExpensesRevAndExpnss
Other Expenses Net Invst Incm	1533	OtherExpensesNetInvstIncm
Other Expenses Dsbrs Chrtbl Prps	0	OtherExpensesDsbrsChrtblPrps
Tot Opr Expenses Rev And Expnss	2327	TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm	2327	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	2327	TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm	2327	TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps	0	TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses	4703	ExcessOfRevenueOverExpenses
Net Investment Income	4703	NetInvestmentIncome

Balance Sheets BalanceSheets

Field	Value	IRS element (for citing)
Cash BOY	4936	CashBOY
Cash EOY	3774	CashEOY
Cash EOYFMV	3774	CashEOYFMV
Savings And Temp Cash Invst BOY	49314	SavingsAndTempCashInvstBOY
Savings And Temp Cash Invst EOY	55179	SavingsAndTempCashInvstEOY
Savings And Temp Cash Invst EOYFMV	55424	SavingsAndTempCashInvstEOYFMV
Total Assets BOY	54250	TotalAssetsBOY
Total Assets EOY	58953	TotalAssetsEOY
Total Assets EOYFMV	59198	TotalAssetsEOYFMV
Total Liabilities BOY	0	TotalLiabilitiesBOY
Total Liabilities EOY	0	TotalLiabilitiesEOY
Org That Do Not Follow SFAS117	X	OrgThatDoNotFollowSFAS117
Capital Stock BOY	0	CapitalStockBOY
Capital Stock EOY	0	CapitalStockEOY
Paid In Or Capital Surplus BOY	0	PaidInOrCapitalSurplusBOY
Paid In Or Capital Surplus EOY	0	PaidInOrCapitalSurplusEOY
Retained Earnings BOY	54250	RetainedEarningsBOY
Retained Earnings EOY	58953	RetainedEarningsEOY
Total Net Assets BOY	54250	TotalNetAssetsBOY
Total Net Assets EOY	58953	TotalNetAssetsEOY
Total Liabilities Net Assets BOY	54250	TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY	58953	TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

Field	Value	IRS element (for citing)
Total Net Assets Fund Balances BOY	54250	TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses	4703	ExcessOfRevenueOverExpenses
Other Increases	0	OtherIncreases
Subtotal	58953	Subtotal
Other Decreases	0	OtherDecreases
Total Net Assets Fund Balances EOY	58953	TotalNetAssetsFundBalancesEOY

Capital Gains And Losses CapitalGainsAndLosses

Capital Gains And Losses Info CapitalGainsAndLossesInfo (3 entries)

Description Of AssetDescriptionOfAsset	Gross Sales PriceGrossSalesPrice	Cost Or Other BasisCostOrOtherBasis	Gain Or LossGainOrLoss	Gains Minus Excess Or LossesGainsMinusExcessOrLosses	How AcquiredHowAcquired
RBC - see attached	115666	111371	4295	4295
RBC - see attached	1961	1822	139	139
Capital Gains Dividends	128		128	128	P

Field	Value	IRS element (for citing)
Capital Gain Net Income	4562	CapitalGainNetIncome

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

Field	Value	IRS element (for citing)
Liable For4942 Tax	0	LiableFor4942Tax
Qualifying Distributions Year1	3000	QualifyingDistributionsYear1
Noncharitable Assets Year1	54557	NoncharitableAssetsYear1
Distribution Ratio Year1	0.054988	DistributionRatioYear1
Qualifying Distributions Year2	13600	QualifyingDistributionsYear2
Noncharitable Assets Year2	66005	NoncharitableAssetsYear2
Distribution Ratio Year2	0.206045	DistributionRatioYear2
Qualifying Distributions Year3	14991	QualifyingDistributionsYear3
Noncharitable Assets Year3	-22145	NoncharitableAssetsYear3
Distribution Ratio Year3	0.000000	DistributionRatioYear3
Qualifying Distributions Year4	27971	QualifyingDistributionsYear4
Noncharitable Assets Year4	4078	NoncharitableAssetsYear4
Distribution Ratio Year4	6.859000	DistributionRatioYear4
Qualifying Distributions Year5	0	QualifyingDistributionsYear5
Noncharitable Assets Year5	101586	NoncharitableAssetsYear5
Distribution Ratio Year5	0.000000	DistributionRatioYear5
Total Distribution Ratio	7.120033	TotalDistributionRatio
Average Distribution Ratio	1.424007	AverageDistributionRatio
Net Noncharitable Assets	53320	NetNoncharitableAssets
Adjusted Noncharitable Assets	75928	AdjustedNoncharitableAssets
One Percent Net Investment Income	47	OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One	75975	AdjNonchrtblAssetsAndOnePct
Qualifying Distributions	0	QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

Field	Value	IRS element (for citing)
Investment Income Excise Tax	94	InvestmentIncomeExciseTax
Tax Under Section511	0	TaxUnderSection511
Subtotal	94	Subtotal
Subtitle A Tax	0	SubtitleATax
Tax Based On Investment Income	94	TaxBasedOnInvestmentIncome
Total Credits And Payments	0	TotalCreditsAndPayments
Tax Due	94	TaxDue

Statements Regarding Activities StatementsRegardingActivities

Field	Value	IRS element (for citing)
Legislative Political Activities	0	LegislativePoliticalActivities
More Than100 Spent	0	MoreThan100Spent
Form1120 POL Filed	0	Form1120POLFiled
Sect4955 Tax On Organization	0	Sect4955TaxOnOrganization
Sect4955 Tax On Managers	0	Sect4955TaxOnManagers
Reimbursement Of Tax	0	ReimbursementOfTax
Activities Not Prev Reported	0	ActivitiesNotPrevReported
Changes To Articles Or Bylaws	0	ChangesToArticlesOrBylaws
Unrelated Bus Income Over1000	0	UnrelatedBusIncomeOver1000
Termination Etc	0	TerminationEtc
Requirements Of Sect508e	1	RequirementsOfSect508e
At Least5000 In Assets	1	AtLeast5000InAssets
States Filed With	NV	StatesFiledWith
Form990 PF Filed With AG	1	Form990PFFiledWithAG
Private Operating Foundation	0	PrivateOperatingFoundation
New Substantial Contributors	0	NewSubstantialContributors
Interest In Controlled Entity	0	InterestInControlledEntity
Applicable Insurance Contract	0	ApplicableInsuranceContract
Comply With Public Inspection Rqr	1	ComplyWithPublicInspectionRqr
Website Address	N/A	WebsiteAddress
Books In Care Of Person Name	Ricky Flores	BooksInCareOfPersonName
Books In Care Of Phone Number	7028706200	BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

Field	Value	IRS element (for citing)
Address Line1	8290 W Sahara 200	AddressLine1
City	Las Vegas	City
State	NV	State
ZIP Code	89117	ZIPCode

Field	Value	IRS element (for citing)
Foreign Bank	0	ForeignBank

Statements Regarding Acty4720 StatementsRegardingActy4720

Field	Value	IRS element (for citing)
Sale Or Exchange With Dsqfly Person	0	SaleOrExchangeWithDsqflyPerson
Borrow Or Lend With Dsqfly Person	0	BorrowOrLendWithDsqflyPerson
Furnished Goods With Dsqfly Person	0	FurnishedGoodsWithDsqflyPerson
Pay Compensation To Dsqfly Person	0	PayCompensationToDsqflyPerson
Transfer Assets To Dsqfly Person	0	TransferAssetsToDsqflyPerson
Payment To Government Offical	0	PaymentToGovernmentOffical
Uncorrected Prior Acts	0	UncorrectedPriorActs
Undistributed Income Prior Years	0	UndistributedIncomePriorYears
Business Holdings	0	BusinessHoldings
Jeopardy Investments	0	JeopardyInvestments
Uncorrected Jeopardy Investments	0	UncorrectedJeopardyInvestments
Influence Legislation	0	InfluenceLegislation
Influence Election	0	InfluenceElection
Grants To Individuals	0	GrantsToIndividuals
Grants To Organizations	0	GrantsToOrganizations
Noncharitable Purpose	0	NoncharitablePurpose
Rcv Funds To Pay Prsnl Bnft Contract	0	RcvFundsToPayPrsnlBnftContract
Pay Premiums Prsnl Bnft Contract	0	PayPremiumsPrsnlBnftContract
Prohibited Tax Shelter Transactn	0	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
Molly K Hamrick
8290 W Sahara Ave 200	Las Vegas	NV	89117	President & Treasurer	1.00	0	0	0
Rover H Hamrick
8290 W Sahara Ave 200	Las Vegas	NV	89117	Secretary	0.50	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

Sum Of Program Related Investments SumOfProgramRelatedInvestments

Field	Value	IRS element (for citing)
Total	0	Total

Minimum Investment Return MinimumInvestmentReturn

Field	Value	IRS element (for citing)
Avg Monthly FMV Of Securities	49919	AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances	4213	AvgMonthlyCashBalances
FMV All Other Noncharitable Assets	0	FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets	54132	TotalFMVOfUnusedAssets
Reduction Claimed	0	ReductionClaimed
Acquisition Indebtedness	0	AcquisitionIndebtedness
Adj Total FMV Of Unused Assets	54132	AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable	812	CashDeemedCharitable
Net Noncharitable Assets	53320	NetNoncharitableAssets
Minimum Investment Return	2666	MinimumInvestmentReturn

Distributable DistributableAmount

Field	Value	IRS element (for citing)
Minimum Investment Return	2666	MinimumInvestmentReturn
Tax Based On Investment Income	94	TaxBasedOnInvestmentIncome
Total Tax	94	TotalTax
Distributable Amount Before Adj	2572	DistributableAmountBeforeAdj
Recoveries Qlfy Distributions	0	RecoveriesQlfyDistributions
Distributable Amount Before Ded	2572	DistributableAmountBeforeDed
Deduction Fr Distributable	$0	DeductionFrDistributableAmount
Distributable Amount As Adjusted	2572	DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

Field	Value	IRS element (for citing)
Expenses And Contributions	0	ExpensesAndContributions
Program Related Investments Total	0	ProgramRelatedInvestmentsTotal
Qualifying Distributions	0	QualifyingDistributions
One Pct Sect4940e Org Net Invst Incm	0	OnePctSect4940eOrgNetInvstIncm
Adj Qualifying Distributions	0	AdjQualifyingDistributions

Undistributed Income UndistributedIncome

Field	Value	IRS element (for citing)
Distributable Amount As Adjusted	2572	DistributableAmountAsAdjusted
Undistributed Income Prior Year	0	UndistributedIncomePriorYear
Total For Prior Years	0	TotalForPriorYears
Excess Distri Carryover Year4	27825	ExcessDistriCarryoverYear4
Excess Distri Carryover Year3	15000	ExcessDistriCarryoverYear3
Excess Distri Carryover Year2	10395	ExcessDistriCarryoverYear2
Excess Distri Carryover Year1	290	ExcessDistriCarryoverYear1
Total Excess Distri Carryover	53510	TotalExcessDistriCarryover
Qualifying Distributions	0	QualifyingDistributions
Applied To Year1	0	AppliedToYear1
Applied To Prior Years	0	AppliedToPriorYears
Treated As Distri From Corpus	0	TreatedAsDistriFromCorpus
Applied To Current Year	0	AppliedToCurrentYear
Remaining Distri From Corpus	0	RemainingDistriFromCorpus
Excess Distri Cyov App CY Corpus	2572	ExcessDistriCyovAppCYCorpus
Excess Distri Cyov Applied CY	2572	ExcessDistriCyovAppliedCY
Total Corpus	50938	TotalCorpus
Prior Year Undistributed Income	0	PriorYearUndistributedIncome
Prior Year Deficiency Or Tax	0	PriorYearDeficiencyOrTax
Taxable Amount1	0	TaxableAmount1
Taxable Amount2	0	TaxableAmount2
Undistributed Income CY	0	UndistributedIncomeCY
Distri From Corpus170b1 E Or4942g3	0	DistriFromCorpus170b1EOr4942g3
Excess Distri Cyov From Year5	0	ExcessDistriCyovFromYear5
Excess Distri Cyov To Next Year	50938	ExcessDistriCyovToNextYear
Excess From Year4	25253	ExcessFromYear4
Excess From Year3	15000	ExcessFromYear3
Excess From Year2	10395	ExcessFromYear2
Excess From Year1	290	ExcessFromYear1

Supplementary Information SupplementaryInformation

Field	Value	IRS element (for citing)
Contributing Manager	Molly K Hamrick	ContributingManager
Contributing Manager	Rover H Hamrick	ContributingManager
Only Contributes To Preselected	X	OnlyContributesToPreselected
Tot Grant Or Contri Paid During Year	0	TotGrantOrContriPaidDuringYear
Tot Grant Or Contri Approved Future	0	TotGrantOrContriApprovedFuture

Analysis Income Producing Acty AnalysisIncomeProducingActy

Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII

Field	Value	IRS element (for citing)
Exclusion Code	14	ExclusionCode
Exclusion	$2,015	ExclusionAmount

Other Investment Income Part VII OtherInvestmentIncomePartVII

Field	Value	IRS element (for citing)
Exclusion Code	14	ExclusionCode
Exclusion	$453	ExclusionAmount

Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry

Field	Value	IRS element (for citing)
Exclusion Code	18	ExclusionCode
Exclusion	$4,562	ExclusionAmount

Subtotals Part XVIA SubtotalsPartXVIA

Field	Value	IRS element (for citing)
Unrelated Business Income	$0	UnrelatedBusinessIncomeAmount
Exclusion	$7,030	ExclusionAmount
Related Or Exempt Function Income	0	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Total Part XVIA	7030	TotalPartXVIA

Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Noncharitable EO	0	TrnsfrOfCashToNoncharitableEO
Trnsfr Oth Assets Noncharitable EO	0	TrnsfrOthAssetsNoncharitableEO
Sales Or Exchanges Of Assets	0	SalesOrExchangesOfAssets
Purchase Assets Noncharitable EO	0	PurchaseAssetsNoncharitableEO
Rental Of Facilities Etc	0	RentalOfFacilitiesEtc
Reimbursement Arrangements	0	ReimbursementArrangements
Loans Or Loan Guarantees	0	LoansOrLoanGuarantees
Performance Of Services Etc	0	PerformanceOfServicesEtc
Sharing Of Facilities Etc	0	SharingOfFacilitiesEtc
Relationships Noncharitable E Os	0	RelationshipsNoncharitableEOs

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees AccountingFees

Field	Value	IRS element (for citing)
Category	Accounting	Category
Amount	$794	Amount
Net Investment Income	794	NetInvestmentIncome
Disbursements Charitable Prps	0	DisbursementsCharitablePrps

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses (2 entries)

DescriptionDescription	Revenue And Expenses Per BooksRevenueAndExpensesPerBooks	Net Investment IncomeNetInvestmentIncome	Disbursements Charitable PrpsDisbursementsCharitablePrps
Licenses	350	350	0
Investment Fees	1183	1183	0

Other Income Schedule2 OtherIncomeSchedule2

Other Income OtherIncome

Field	Value	IRS element (for citing)
Description	Nontaxble distributions	Description
Revenue And Expenses Per Books	453	RevenueAndExpensesPerBooks
Net Investment Income	453	NetInvestmentIncome
Adjusted Net Income	453	AdjustedNetIncome