STRATEGY STUDIO / PUBLIC DATA EXPLORER

TIM AND LEAH CHAPMAN FOUNDATION: Form 990PF, tax year 2012

View the entire original 990 at ProPublica ↗

Organization
TIM AND LEAH CHAPMAN FOUNDATION (EIN 45-3077152)
Tax period
2012-01-01 to 2012-12-31
Filed
2013-11-12
IRS object ID
201343169349100734
Schema version
2012v2.2
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 ReturnHeader

FieldValueIRS element (for citing)
Timestamp2013-11-12T01:01:04-00:00Timestamp
Tax Period End Date2012-12-31TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1Foundation SourceBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line1One Hollow Lane Suite 212AddressLine1
CityLake SuccessCity
StateNYState
ZIP Code11042ZIPCode
FieldValueIRS element (for citing)
Return Type990PFReturnType
Tax Period Begin Date2012-01-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN453077152EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1The Chapman Foundation IncBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlCHAPNameControl
Phone8008391754Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line1Foundation Source 501 Silverside RdAddressLine1
CityWilmingtonCity
StateDEState
ZIP Code198091377ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameLeah H ChapmanName
TitlePresidentTitle
Date Signed2013-11-12DateSigned
Authorize Third PartytrueAuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameJeffrey D HaskellName
Phone8008391754Phone
Date Prepared2013-11-12DatePrepared
FieldValueIRS element (for citing)
Tax Year2012TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Exempt PFXExemptPF
FMV Assets EOY2407674FMVAssetsEOY
Method Of Accounting CashXMethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Not Required To Attach Schedule BXNotRequiredToAttachScheduleB
Interest On Savings Rev And Expnss574InterestOnSavingsRevAndExpnss
Interest On Savings Net Invst Incm574InterestOnSavingsNetInvstIncm
Dividends Rev And Expnss2897DividendsRevAndExpnss
Dividends Net Invst Incm2897DividendsNetInvstIncm
Net Gain Sale Assets Rev And Expnss1026NetGainSaleAssetsRevAndExpnss
Gross Sales Price41118GrossSalesPrice
Capital Gain Net Incm Net Invst Incm1026CapitalGainNetIncmNetInvstIncm
Other Income Rev And Expnss600OtherIncomeRevAndExpnss
Other Income Net Invst Incm600OtherIncomeNetInvstIncm
Total Revenue And Expenses5097TotalRevenueAndExpenses
Total Net Investment Income5097TotalNetInvestmentIncome
Other Prof Fees Rev And Expnss1339OtherProfFeesRevAndExpnss
Other Prof Fees Net Invst Incm1339OtherProfFeesNetInvstIncm
Other Expenses Rev And Expnss19106OtherExpensesRevAndExpnss
Other Expenses Net Invst Incm120OtherExpensesNetInvstIncm
Other Expenses Dsbrs Chrtbl Prps18986OtherExpensesDsbrsChrtblPrps
Tot Opr Expenses Rev And Expnss20445TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm1459TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps18986TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss74800ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps74800ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss95245TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm1459TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps93786TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses-90148ExcessOfRevenueOverExpenses
Net Investment Income3638NetInvestmentIncome

Balance Sheets BalanceSheets

FieldValueIRS element (for citing)
Savings And Temp Cash Invst BOY2500000SavingsAndTempCashInvstBOY
Savings And Temp Cash Invst EOY1930465SavingsAndTempCashInvstEOY
Savings And Temp Cash Invst EOYFMV1930465SavingsAndTempCashInvstEOYFMV
Investments Corp Stock EOY479387InvestmentsCorpStockEOY
Investments Corp Stock EOYFMV477209InvestmentsCorpStockEOYFMV
Total Assets BOY2500000TotalAssetsBOY
Total Assets EOY2409852TotalAssetsEOY
Total Assets EOYFMV2407674TotalAssetsEOYFMV
Total Liabilities EOY0TotalLiabilitiesEOY
Org That Do Not Follow SFAS117XOrgThatDoNotFollowSFAS117
Retained Earnings BOY2500000RetainedEarningsBOY
Retained Earnings EOY2409852RetainedEarningsEOY
Total Net Assets BOY2500000TotalNetAssetsBOY
Total Net Assets EOY2409852TotalNetAssetsEOY
Total Liabilities Net Assets BOY2500000TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY2409852TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

FieldValueIRS element (for citing)
Total Net Assets Fund Balances BOY2500000TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses-90148ExcessOfRevenueOverExpenses
Subtotal2409852Subtotal
Total Net Assets Fund Balances EOY2409852TotalNetAssetsFundBalancesEOY

Capital Gains And Losses CapitalGainsAndLosses

Capital Gains And Losses Info CapitalGainsAndLossesInfo

FieldValueIRS element (for citing)
Description Of AssetPublicly-traded SecuritiesDescriptionOfAsset
Gross Sales Price41118GrossSalesPrice
Cost Or Other Basis40092CostOrOtherBasis
Gain Or Loss1026GainOrLoss
Gains Minus Excess Or Losses1026GainsMinusExcessOrLosses
FieldValueIRS element (for citing)
Capital Gain Net Income1026CapitalGainNetIncome

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

FieldValueIRS element (for citing)
Liable For4942 TaxfalseLiableFor4942Tax
Noncharitable Assets Year1738750NoncharitableAssetsYear1
Net Noncharitable Assets2451669NetNoncharitableAssets
One Percent Net Investment Income36OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One36AdjNonchrtblAssetsAndOnePct
Qualifying Distributions93786QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eXDomesticOrgMeetingSect4940e
Investment Income Excise Tax36InvestmentIncomeExciseTax
Subtotal36Subtotal
Tax Based On Investment Income36TaxBasedOnInvestmentIncome
Tax Paid With Extension31TaxPaidWithExtension
Total Credits And Payments31TotalCreditsAndPayments
Tax Paid Original Return31TaxPaidOriginalReturn
Tax Due5TaxDue

Statements Regarding Activities StatementsRegardingActivities

FieldValueIRS element (for citing)
Legislative Political ActivitiesfalseLegislativePoliticalActivities
More Than100 SpentfalseMoreThan100Spent
Form1120 POL FiledfalseForm1120POLFiled
Activities Not Prev ReportedfalseActivitiesNotPrevReported
Changes To Articles Or BylawsfalseChangesToArticlesOrBylaws
Unrelated Bus Income Over1000falseUnrelatedBusIncomeOver1000
Termination EtcfalseTerminationEtc
Requirements Of Sect508etrueRequirementsOfSect508e
At Least5000 In AssetstrueAtLeast5000InAssets
Form990 PF Filed With AGtrueForm990PFFiledWithAG
Private Operating FoundationfalsePrivateOperatingFoundation
New Substantial ContributorsfalseNewSubstantialContributors
Interest In Controlled EntityfalseInterestInControlledEntity
Applicable Insurance ContractfalseApplicableInsuranceContract
Comply With Public Inspection RqrtrueComplyWithPublicInspectionRqr

Books In Care Of Business Name BooksInCareOfBusinessName

FieldValueIRS element (for citing)
Business Name Line1co Foundation SourceBusinessNameLine1
FieldValueIRS element (for citing)
Books In Care Of Phone Number8008391754BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

FieldValueIRS element (for citing)
Address Line1501 Silverside Road Suite 123AddressLine1
CityWilmingtonCity
StateDEState
ZIP Code198091377ZIPCode
FieldValueIRS element (for citing)
Foreign BankfalseForeignBank

Statements Regarding Acty4720 StatementsRegardingActy4720

FieldValueIRS element (for citing)
Sale Or Exchange With Dsqfly PersonfalseSaleOrExchangeWithDsqflyPerson
Borrow Or Lend With Dsqfly PersonfalseBorrowOrLendWithDsqflyPerson
Furnished Goods With Dsqfly PersonfalseFurnishedGoodsWithDsqflyPerson
Pay Compensation To Dsqfly PersonfalsePayCompensationToDsqflyPerson
Transfer Assets To Dsqfly PersonfalseTransferAssetsToDsqflyPerson
Payment To Government OfficalfalsePaymentToGovernmentOffical
Uncorrected Prior ActsfalseUncorrectedPriorActs
Undistributed Income Prior YearsfalseUndistributedIncomePriorYears
Business HoldingsfalseBusinessHoldings
Jeopardy InvestmentsfalseJeopardyInvestments
Uncorrected Jeopardy InvestmentsfalseUncorrectedJeopardyInvestments
Influence LegislationfalseInfluenceLegislation
Influence ElectionfalseInfluenceElection
Grants To IndividualsfalseGrantsToIndividuals
Grants To OrganizationsfalseGrantsToOrganizations
Noncharitable PurposefalseNoncharitablePurpose
Pay Premiums Prsnl Bnft ContractfalsePayPremiumsPrsnlBnftContract
Prohibited Tax Shelter TransactnfalseProhibitedTaxShelterTransactn

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (5 entries)

Address Line1USAddress/AddressLine1CityUSAddress/CityStateUSAddress/StateZIP CodeUSAddress/ZIPCodeTitleTitleAvg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPositionCompensationCompensation
Hannah C Chapman
Foundation Source 501 Silverside RdWilmingtonDE19809Dir001.000
Leah H Chapman
Foundation Source 501 Silverside RdWilmingtonDE19809Pres / Dir / Sec001.000
Lorianne G Chapman
Foundation Source 501 Silverside RdWilmingtonDE19809Dir001.000
Timothy J Chapman
Foundation Source 501 Silverside RdWilmingtonDE19809Dir001.000
Amy Navarro
Foundation Source 501 Silverside RdWilmingtonDE19809Dir001.000

Minimum Investment Return MinimumInvestmentReturn

FieldValueIRS element (for citing)
Avg Monthly FMV Of Securities105072AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances2383932AvgMonthlyCashBalances
FMV All Other Noncharitable Assets0FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets2489004TotalFMVOfUnusedAssets
Adj Total FMV Of Unused Assets2489004AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable37335CashDeemedCharitable
Net Noncharitable Assets2451669NetNoncharitableAssets
Minimum Investment Return122583MinimumInvestmentReturn

Distributable DistributableAmount

FieldValueIRS element (for citing)
Minimum Investment Return122583MinimumInvestmentReturn
Tax Based On Investment Income36TaxBasedOnInvestmentIncome
Total Tax36TotalTax
Distributable Amount Before Adj122547DistributableAmountBeforeAdj
Distributable Amount Before Ded122547DistributableAmountBeforeDed
Distributable Amount As Adjusted122547DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

FieldValueIRS element (for citing)
Expenses And Contributions93786ExpensesAndContributions
Qualifying Distributions93786QualifyingDistributions
One Pct Sect4940e Org Net Invst Incm36OnePctSect4940eOrgNetInvstIncm
Adj Qualifying Distributions93750AdjQualifyingDistributions

Undistributed Income UndistributedIncome

FieldValueIRS element (for citing)
Distributable Amount As Adjusted122547DistributableAmountAsAdjusted
Undistributed Income Prior Year13257UndistributedIncomePriorYear
Qualifying Distributions93786QualifyingDistributions
Applied To Year113257AppliedToYear1
Applied To Current Year80529AppliedToCurrentYear
Undistributed Income CY42018UndistributedIncomeCY

Supplementary Information SupplementaryInformation

FieldValueIRS element (for citing)
Contributing ManagerLeah H ChapmanContributingManager
Contributing ManagerTimothy ChapmanContributingManager
Only Contributes To PreselectedXOnlyContributesToPreselected

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (8 entries)

Address Line1RecipientUSAddress/AddressLine1CityRecipientUSAddress/CityStateRecipientUSAddress/StateZIP CodeRecipientUSAddress/ZIPCodeRecipient RelationshipRecipientRelationshipRecipient Foundation StatusRecipientFoundationStatusPurpose Of Grant Or ContributionPurposeOfGrantOrContributionAmountAmount
410 BRIDGE INC
35 OLD CANTON STALPHARETTAGA30009N/A509a2General Unrestricted$2,000
ATLAS MINISTRY INC
PO BOX 1392GREENSBOROGA30642N/A509a1General Unrestricted$10,000
DOWNTOWN MINISTRIES INC
165 PULASKI STATHENSGA30601N/A509a1General Unrestricted$1,500
EXTRA SPECIAL PEOPLE INC
PO BOX 615WATKINSVILLEGA30677N/A509a1General Unrestricted$26,200
GREENSBORO GEORGIA DREAMERS INC
1571 JACKSON RIDGE RDGREENSBOROGA30642N/A509a1General Unrestricted$10,000
JUNIOR INVITATIONAL INC
1089 AUGUSTA RDWARRENVILLESC29851N/A509a1General Unrestricted$5,100
MERCY HEALTH CENTER INC
767 OGLETHORPE AVE STE BATHENSGA30606N/A509a1General Unrestricted$7,500
UNIVERSITY OF SOUTH CAROLINA
1600 HAMPTON ST STE 736COLUMBIASC29208N/A509a1Department Research Project$12,500
FieldValueIRS element (for citing)
Tot Grant Or Contri Paid During Year74800TotGrantOrContriPaidDuringYear

Analysis Income Producing Acty AnalysisIncomeProducingActy

Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst

FieldValueIRS element (for citing)
Exclusion Code14ExclusionCode
Exclusion$574ExclusionAmount

Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII

FieldValueIRS element (for citing)
Exclusion Code14ExclusionCode
Exclusion$2,897ExclusionAmount

Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry

FieldValueIRS element (for citing)
Exclusion Code18ExclusionCode
Exclusion$1,026ExclusionAmount

Other Revenue Described OtherRevenueDescribed

FieldValueIRS element (for citing)
DescriptionOther IncomeDescription
Exclusion Code14ExclusionCode
Exclusion$600ExclusionAmount

Subtotals Part XVIA SubtotalsPartXVIA

FieldValueIRS element (for citing)
Exclusion$5,097ExclusionAmount
FieldValueIRS element (for citing)
Total Part XVIA5097TotalPartXVIA

Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO

FieldValueIRS element (for citing)
Trnsfr Of Cash To Noncharitable EOfalseTrnsfrOfCashToNoncharitableEO
Trnsfr Oth Assets Noncharitable EOfalseTrnsfrOthAssetsNoncharitableEO
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssets
Purchase Assets Noncharitable EOfalsePurchaseAssetsNoncharitableEO
Rental Of Facilities EtcfalseRentalOfFacilitiesEtc
Reimbursement ArrangementsfalseReimbursementArrangements
Loans Or Loan GuaranteesfalseLoansOrLoanGuarantees
Performance Of Services EtcfalsePerformanceOfServicesEtc
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtc
Relationships Noncharitable E OsfalseRelationshipsNoncharitableEOs

Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch

Gain Loss Sale Other Asset GainLossSaleOtherAsset

FieldValueIRS element (for citing)
NamePublicly-traded SecuritiesName
Gross Sales Price41118GrossSalesPrice
Basis40092Basis
Total Net1026TotalNet

General Explanation Attachment GeneralExplanationAttachment

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corp Stock InvestmentsCorpStock (11 entries)

Name Of StockNameOfStockEOY Book ValueEOYBookValueEOYFMVEOYFMV
6517 shares of ALTEGRIS MANAGED FUTURES STRATEGY A6253961131
2078 shares of ANGEL OAK MULTI-STRAT INCOME2524025161
2455 shares of CORP CAP TR INC COM BASED2505526882
6155 shares of EATON VANCE MULTI STRATEGY ALL MRKT A6287662653
2451 shares of FS INVT CORP II COM2505525123
3120 shares of NUVEEN TACTIAL MRKT OPPORTUNITIES A SHARS3526734816
1824 shares of PGDIX2558925379
5750 shares of PIMCO FDS PACIFIC INV MGMT6448163763
6567 shares of PRINCETON FUTURES6267060676
3888 shares of PSMIX4057640433
4965 shares of WELLS FARGO ABSOLUTERETURN FUND CL A5003951192

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses (6 entries)

DescriptionDescriptionRevenue And Expenses Per BooksRevenueAndExpensesPerBooksDisbursements Charitable PrpsDisbursementsCharitablePrpsNet Investment IncomeNetInvestmentIncome
Administrative Fees1286112861
Administrative Set-Up Fee47504750
Bank Charges120120
Delaware Incorporation Fees500500
IRS Application Fees850850
State or Local Filing Fees2525

Other Income Schedule2 OtherIncomeSchedule2

Other Income OtherIncome

FieldValueIRS element (for citing)
DescriptionCash AwardDescription
Revenue And Expenses Per Books600RevenueAndExpensesPerBooks
Net Investment Income600NetInvestmentIncome

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees OtherProfessionalFees

FieldValueIRS element (for citing)
CategoryInvestment Management ServicesCategory
Amount$1,339Amount
Net Investment Income1339NetInvestmentIncome