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DAVID ABRAM SKIER AND NAN GOODMAN SKIER FAMILY FOUNDATION INC: Form 990PF, tax year 2011

View the entire original 990 at ProPublica ↗

Organization
DAVID ABRAM SKIER AND NAN GOODMAN SKIER FAMILY FOUNDATION INC (EIN 63-1185605)
Tax period
2011-07-01 to 2012-06-30
Filed
2012-10-18
IRS object ID
201242929349100204
Schema version
2011v1.2
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)
Timestamp2012-10-18T17:20:59-05:00Timestamp
Tax Period End Date2012-06-30TaxPeriodEndDate

Preparer Firm PreparerFirm

FieldValueIRS element (for citing)
EIN630590670EIN

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1L Paul Kassouf & Co PCBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line12208 University BoulevardAddressLine1
CityBirminghamCity
StateALState
ZIP Code352332393ZIPCode
FieldValueIRS element (for citing)
Return Type990PFReturnType
Tax Period Begin Date2011-07-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN631185605EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1David Abram Skier and Nan Goodman SkierBusinessNameLine1
Business Name Line2Family Foundation IncBusinessNameLine2
FieldValueIRS element (for citing)
Name ControlDAVINameControl
Phone2059676464Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line13912 Seven Barks CircleAddressLine1
CityBirminghamCity
StateALState
ZIP Code352435909ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameNan G SkierName
TitlePresidentTitle
Phone2059676464Phone
Date Signed2012-09-20DateSigned
Authorize Third Party1AuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameGerard J KassoufName
PTINP00047361PTIN
Phone2054432500Phone
FieldValueIRS element (for citing)
Tax Year2011TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Exempt PFXExemptPF
FMV Assets EOY98125FMVAssetsEOY
Method Of Accounting CashXMethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Received Rev And Expnss80000ContriReceivedRevAndExpnss
Dividends Rev And Expnss3231DividendsRevAndExpnss
Dividends Net Invst Incm3231DividendsNetInvstIncm
Capital Gain Net Incm Net Invst Incm0CapitalGainNetIncmNetInvstIncm
Total Revenue And Expenses83231TotalRevenueAndExpenses
Total Net Investment Income3231TotalNetInvestmentIncome
Comp Ofcr Dir Trst Rev And Expnss0CompOfcrDirTrstRevAndExpnss
Comp Ofcr Dir Trst Net Invst Incm0CompOfcrDirTrstNetInvstIncm
Comp Ofcr Dir Trst Dsbrs Chrtbl Prps0CompOfcrDirTrstDsbrsChrtblPrps
Taxes Rev And Expnss30TaxesRevAndExpnss
Taxes Net Invst Incm0TaxesNetInvstIncm
Taxes Dsbrs Chrtbl Prps0TaxesDsbrsChrtblPrps
Other Expenses Rev And Expnss302OtherExpensesRevAndExpnss
Other Expenses Net Invst Incm0OtherExpensesNetInvstIncm
Other Expenses Dsbrs Chrtbl Prps302OtherExpensesDsbrsChrtblPrps
Tot Opr Expenses Rev And Expnss332TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm0TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps302TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss107365ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps107365ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss107697TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm0TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps107667TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses-24466ExcessOfRevenueOverExpenses
Net Investment Income3231NetInvestmentIncome

Balance Sheets BalanceSheets

FieldValueIRS element (for citing)
Cash BOY4CashBOY
Cash EOY5CashEOY
Cash EOYFMV5CashEOYFMV
Savings And Temp Cash Invst BOY30038SavingsAndTempCashInvstBOY
Savings And Temp Cash Invst EOY5571SavingsAndTempCashInvstEOY
Savings And Temp Cash Invst EOYFMV5571SavingsAndTempCashInvstEOYFMV
Investments Corp Stock BOY88931InvestmentsCorpStockBOY
Investments Corp Stock EOY88931InvestmentsCorpStockEOY
Investments Corp Stock EOYFMV92549InvestmentsCorpStockEOYFMV
Total Assets BOY118973TotalAssetsBOY
Total Assets EOY94507TotalAssetsEOY
Total Assets EOYFMV98125TotalAssetsEOYFMV
Total Liabilities BOY0TotalLiabilitiesBOY
Total Liabilities EOY0TotalLiabilitiesEOY
Org That Do Not Follow SFAS117XOrgThatDoNotFollowSFAS117
Capital Stock BOY118973CapitalStockBOY
Capital Stock EOY118973CapitalStockEOY
Paid In Or Capital Surplus BOY0PaidInOrCapitalSurplusBOY
Paid In Or Capital Surplus EOY0PaidInOrCapitalSurplusEOY
Retained Earnings BOY0RetainedEarningsBOY
Retained Earnings EOY-24466RetainedEarningsEOY
Total Net Assets BOY118973TotalNetAssetsBOY
Total Net Assets EOY94507TotalNetAssetsEOY
Total Liabilities Net Assets BOY118973TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY94507TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

FieldValueIRS element (for citing)
Total Net Assets Fund Balances BOY118973TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses-24466ExcessOfRevenueOverExpenses
Other Increases0OtherIncreases
Subtotal94507Subtotal
Other Decreases0OtherDecreases
Total Net Assets Fund Balances EOY94507TotalNetAssetsFundBalancesEOY

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

FieldValueIRS element (for citing)
Liable For4942 Tax0LiableFor4942Tax
Qualifying Distributions Year119010QualifyingDistributionsYear1
Noncharitable Assets Year199017NoncharitableAssetsYear1
Distribution Ratio Year10.191987DistributionRatioYear1
Qualifying Distributions Year27681QualifyingDistributionsYear2
Noncharitable Assets Year290121NoncharitableAssetsYear2
Distribution Ratio Year20.085230DistributionRatioYear2
Qualifying Distributions Year32182QualifyingDistributionsYear3
Noncharitable Assets Year388128NoncharitableAssetsYear3
Distribution Ratio Year30.024759DistributionRatioYear3
Qualifying Distributions Year46832QualifyingDistributionsYear4
Noncharitable Assets Year4101580NoncharitableAssetsYear4
Distribution Ratio Year40.067257DistributionRatioYear4
Qualifying Distributions Year51954QualifyingDistributionsYear5
Noncharitable Assets Year593866NoncharitableAssetsYear5
Distribution Ratio Year50.020817DistributionRatioYear5
Total Distribution Ratio0.390050TotalDistributionRatio
Average Distribution Ratio0.078010AverageDistributionRatio
Net Noncharitable Assets113767NetNoncharitableAssets
Adjusted Noncharitable Assets8875AdjustedNoncharitableAssets
One Percent Net Investment Income32OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One8907AdjNonchrtblAssetsAndOnePct
Qualifying Distributions107667QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eXDomesticOrgMeetingSect4940e
Investment Income Excise Tax32InvestmentIncomeExciseTax
Tax Under Section5110TaxUnderSection511
Subtotal32Subtotal
Subtitle A Tax0SubtitleATax
Tax Based On Investment Income32TaxBasedOnInvestmentIncome
Total Credits And Payments0TotalCreditsAndPayments
Tax Due32TaxDue

Statements Regarding Activities StatementsRegardingActivities

FieldValueIRS element (for citing)
Legislative Political Activities0LegislativePoliticalActivities
More Than100 Spent0MoreThan100Spent
Form1120 POL Filed0Form1120POLFiled
Sect4955 Tax On Organization0Sect4955TaxOnOrganization
Sect4955 Tax On Managers0Sect4955TaxOnManagers
Reimbursement Of Tax0ReimbursementOfTax
Activities Not Prev Reported0ActivitiesNotPrevReported
Changes To Articles Or Bylaws0ChangesToArticlesOrBylaws
Unrelated Bus Income Over10000UnrelatedBusIncomeOver1000
Termination Etc0TerminationEtc
Requirements Of Sect508e1RequirementsOfSect508e
At Least5000 In Assets1AtLeast5000InAssets
States Filed WithALStatesFiledWith
Form990 PF Filed With AG1Form990PFFiledWithAG
Private Operating Foundation0PrivateOperatingFoundation
New Substantial Contributors0NewSubstantialContributors
Interest In Controlled Entity0InterestInControlledEntity
Applicable Insurance Contract0ApplicableInsuranceContract
Comply With Public Inspection Rqr1ComplyWithPublicInspectionRqr
Website AddressN/AWebsiteAddress
Books In Care Of Person NameNan Goodman SkierBooksInCareOfPersonName
Books In Care Of Phone Number2059676464BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

FieldValueIRS element (for citing)
Address Line13912 Seven Barks CircleAddressLine1
CityBirminghamCity
StateALState
ZIP Code352435909ZIPCode
FieldValueIRS element (for citing)
Foreign Bank0ForeignBank

Statements Regarding Acty4720 StatementsRegardingActy4720

FieldValueIRS element (for citing)
Sale Or Exchange With Dsqfly Person0SaleOrExchangeWithDsqflyPerson
Borrow Or Lend With Dsqfly Person0BorrowOrLendWithDsqflyPerson
Furnished Goods With Dsqfly Person0FurnishedGoodsWithDsqflyPerson
Pay Compensation To Dsqfly Person0PayCompensationToDsqflyPerson
Transfer Assets To Dsqfly Person0TransferAssetsToDsqflyPerson
Payment To Government Offical0PaymentToGovernmentOffical
Uncorrected Prior Acts0UncorrectedPriorActs
Undistributed Income Prior Years0UndistributedIncomePriorYears
Business Holdings0BusinessHoldings
Jeopardy Investments0JeopardyInvestments
Uncorrected Jeopardy Investments0UncorrectedJeopardyInvestments
Influence Legislation0InfluenceLegislation
Influence Election0InfluenceElection
Grants To Individuals0GrantsToIndividuals
Grants To Organizations0GrantsToOrganizations
Noncharitable Purpose0NoncharitablePurpose
Rcv Funds To Pay Prsnl Bnft Contract0RcvFundsToPayPrsnlBnftContract
Pay Premiums Prsnl Bnft Contract0PayPremiumsPrsnlBnftContract
Prohibited Tax Shelter Transactn0ProhibitedTaxShelterTransactn

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (4 entries)

Address Line1USAddress/AddressLine1CityUSAddress/CityStateUSAddress/StateZIP CodeUSAddress/ZIPCodeTitleTitleAvg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPositionCompensationCompensationContri To Empl Benefit Plans EtcContriToEmplBenefitPlansEtcExpense Account Other AllowancesExpenseAccountOtherAllowances
David Abram Skier
3912 Seven Barks CircleBirminghamAL35243Director, President1.00000
Nan Goodman Skier
3912 Seven Barks CircleBirminghamAL35243Director, Sec/Treas1.00000
Jason Michael Skier
1875 Kalanianaole Avenue Apt 602HiloHI96720Director1.00000
Andrew Mark Skier
7620 Lakeridge DriveMontgomeryAL36117Director1.00000
FieldValueIRS element (for citing)
Comp Of Highest Paid Empl NONENONECompOfHighestPaidEmplNONE
Tot Number Of Oth Empl Paid Over50k0TotNumberOfOthEmplPaidOver50k
Comp Of Hghst Paid Cntrct NONENONECompOfHghstPaidCntrctNONE
Tot Number Of Cntrct Paid Over50k0TotNumberOfCntrctPaidOver50k

Sum Of Program Related Investments SumOfProgramRelatedInvestments

FieldValueIRS element (for citing)
Total0Total

Minimum Investment Return MinimumInvestmentReturn

FieldValueIRS element (for citing)
Avg Monthly FMV Of Securities96935AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances18565AvgMonthlyCashBalances
FMV All Other Noncharitable Assets0FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets115500TotalFMVOfUnusedAssets
Reduction Claimed0ReductionClaimed
Acquisition Indebtedness0AcquisitionIndebtedness
Adj Total FMV Of Unused Assets115500AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable1733CashDeemedCharitable
Net Noncharitable Assets113767NetNoncharitableAssets
Minimum Investment Return5688MinimumInvestmentReturn

Distributable DistributableAmount

FieldValueIRS element (for citing)
Minimum Investment Return5688MinimumInvestmentReturn
Tax Based On Investment Income32TaxBasedOnInvestmentIncome
Total Tax32TotalTax
Distributable Amount Before Adj5656DistributableAmountBeforeAdj
Recoveries Qlfy Distributions0RecoveriesQlfyDistributions
Distributable Amount Before Ded5656DistributableAmountBeforeDed
Deduction Fr Distributable$0DeductionFrDistributableAmount
Distributable Amount As Adjusted5656DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

FieldValueIRS element (for citing)
Expenses And Contributions107667ExpensesAndContributions
Program Related Investments Total0ProgramRelatedInvestmentsTotal
Qualifying Distributions107667QualifyingDistributions
One Pct Sect4940e Org Net Invst Incm32OnePctSect4940eOrgNetInvstIncm
Adj Qualifying Distributions107635AdjQualifyingDistributions

Undistributed Income UndistributedIncome

FieldValueIRS element (for citing)
Distributable Amount As Adjusted5656DistributableAmountAsAdjusted
Undistributed Income Prior Year0UndistributedIncomePriorYear
Total For Prior Years0TotalForPriorYears
Excess Distri Carryover Year41798ExcessDistriCarryoverYear4
Excess Distri Carryover Year23229ExcessDistriCarryoverYear2
Excess Distri Carryover Year114119ExcessDistriCarryoverYear1
Total Excess Distri Carryover19146TotalExcessDistriCarryover
Qualifying Distributions107667QualifyingDistributions
Applied To Year10AppliedToYear1
Applied To Prior Years0AppliedToPriorYears
Treated As Distri From Corpus0TreatedAsDistriFromCorpus
Applied To Current Year5656AppliedToCurrentYear
Remaining Distri From Corpus102011RemainingDistriFromCorpus
Excess Distri Cyov App CY Corpus0ExcessDistriCyovAppCYCorpus
Excess Distri Cyov Applied CY0ExcessDistriCyovAppliedCY
Total Corpus121157TotalCorpus
Prior Year Undistributed Income0PriorYearUndistributedIncome
Prior Year Deficiency Or Tax0PriorYearDeficiencyOrTax
Taxable Amount10TaxableAmount1
Taxable Amount20TaxableAmount2
Undistributed Income CY0UndistributedIncomeCY
Distri From Corpus170b1 E Or4942g30DistriFromCorpus170b1EOr4942g3
Excess Distri Cyov From Year50ExcessDistriCyovFromYear5
Excess Distri Cyov To Next Year121157ExcessDistriCyovToNextYear
Excess From Year41798ExcessFromYear4
Excess From Year23229ExcessFromYear2
Excess From Year114119ExcessFromYear1
Excess From Current Year102011ExcessFromCurrentYear

Supplementary Information SupplementaryInformation

Appication Submission Info AppicationSubmissionInfo

FieldValueIRS element (for citing)
Recipient NameDavid Abram Skier and Nan Goodman SRecipientName

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1Attn Nan G Skier 3912 Seven BarksAddressLine1
Address Line2CircleAddressLine2
CityBirminghamCity
StateALState
ZIP Code35243ZIPCode
FieldValueIRS element (for citing)
Recipient Phone Number2059676464RecipientPhoneNumber
Form And Info And MaterialsApplications should be submitted in writing; should identify the applicant; should affirm that the applicant is an organization described in Section 501(c)(3) of the Internal Revenue Code; should give the organization's tax exempt number; should state the purpose for which the gift will be used, the prior experience of the applicant in carrying out such purpose, the applicant's plan for, and personnel to be used in carrying out such purpose; and should have attached a financial statement of the applicant for the current and the preceding two years.FormAndInfoAndMaterials
Submission DeadlinesApplications are received from time to time and considered when funds are available.SubmissionDeadlines
Restrictions On AwardsDonations and grants are restricted to religious or charitable or educational purposes and to donees within the restriction of IRC Section 501(c)(3).RestrictionsOnAwards

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (8 entries)

Address Line1RecipientUSAddress/AddressLine1CityRecipientUSAddress/CityStateRecipientUSAddress/StateZIP CodeRecipientUSAddress/ZIPCodeRecipient RelationshipRecipientRelationshipRecipient Foundation StatusRecipientFoundationStatusPurpose Of Grant Or ContributionPurposeOfGrantOrContributionAmountAmount
Antiquarian Society
185 Salisbury StreetWorcesterMA01609NoneN/AGeneral Funding$64
Birmingham Jewish Foundation
3966 Montclair RoadBirminghamAL35213NoneN/AGeneral Funding$26
Birmingham Museum of Art
2000 8th Ave NBirminghamAL35203NoneN/AGeneral Funding$104,140
Heifer International
1 World AvenueLittle RockAR72202NoneN/AGeneral Funding$25
Linly Heflin Unit
13 Office Park Circle Ste 8BirminghamAL35223NoneN/AGeneral Funding$500
Montgomery Museum of Fine Arts
1 Museum DriveMontgomeryAL36117NoneN/AGeneral Funding$60
Temple Emmanuel
2100 Highland AvenueBirminghamAL35205NoneN/AGeneral Funding$2,500
Tigers for Tomorrow
708 County Road 345AttallaAL35954NoneN/AGeneral Funding$50
FieldValueIRS element (for citing)
Tot Grant Or Contri Paid During Year107365TotGrantOrContriPaidDuringYear
Tot Grant Or Contri Approved Future0TotGrantOrContriApprovedFuture

Analysis Income Producing Acty AnalysisIncomeProducingActy

Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII

FieldValueIRS element (for citing)
Exclusion Code14ExclusionCode
Exclusion$3,231ExclusionAmount

Subtotals Part XVIA SubtotalsPartXVIA

FieldValueIRS element (for citing)
Unrelated Business Income$0UnrelatedBusinessIncomeAmount
Exclusion$3,231ExclusionAmount
Related Or Exempt Function Income0RelatedOrExemptFunctionIncome
FieldValueIRS element (for citing)
Total Part XVIA3231TotalPartXVIA

Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO

FieldValueIRS element (for citing)
Trnsfr Of Cash To Noncharitable EO0TrnsfrOfCashToNoncharitableEO
Trnsfr Oth Assets Noncharitable EO0TrnsfrOthAssetsNoncharitableEO
Sales Or Exchanges Of Assets0SalesOrExchangesOfAssets
Purchase Assets Noncharitable EO0PurchaseAssetsNoncharitableEO
Rental Of Facilities Etc0RentalOfFacilitiesEtc
Reimbursement Arrangements0ReimbursementArrangements
Loans Or Loan Guarantees0LoansOrLoanGuarantees
Performance Of Services Etc0PerformanceOfServicesEtc
Sharing Of Facilities Etc0SharingOfFacilitiesEtc
Relationships Noncharitable E Os0RelationshipsNoncharitableEOs

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFXOrganization501c3ExemptPF
General RuleXGeneralRule

Contributor Info ContributorInfo

FieldValueIRS element (for citing)
Contributor Number1ContributorNumber
Contributor Name IndividualDavid Abram SkierContributorNameIndividual

Contributor Address US ContributorAddressUS

FieldValueIRS element (for citing)
Address Line13912 Seven Barks CircleAddressLine1
CityBirminghamCity
StateALState
ZIP Code35243ZIPCode
FieldValueIRS element (for citing)
Aggregate Contributions80000AggregateContributions
Person Contribution TypeXPersonContributionType

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corp Stock InvestmentsCorpStock

FieldValueIRS element (for citing)
Name Of StockMorgan StanleyNameOfStock
EOY Book Value88931EOYBookValue
EOYFMV92549EOYFMV

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses

FieldValueIRS element (for citing)
DescriptionBusiness expensesDescription
Revenue And Expenses Per Books302RevenueAndExpensesPerBooks
Net Investment Income0NetInvestmentIncome
Disbursements Charitable Prps302DisbursementsCharitablePrps

Taxes Schedule TaxesSchedule

Taxes Taxes

FieldValueIRS element (for citing)
CategoryBalance Due with 2010 ReturnCategory
Amount$30Amount
Net Investment Income0NetInvestmentIncome
Disbursements Charitable Prps0DisbursementsCharitablePrps