STRATEGY STUDIO / PUBLIC DATA EXPLORER

GRIGSBY FAMILY CHARITABLEFOUNDATION INC: Form 990PF, tax year 2010

View the entire original 990 at ProPublica ↗

Organization
GRIGSBY FAMILY CHARITABLEFOUNDATION INC (EIN 26-0488199)
Tax period
2010-01-01 to 2010-12-31
Filed
2011-10-09
IRS object ID
201102839349100000
Schema version
2010v3.4
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)
Timestamp2011-10-09T09:25:21-05:00Timestamp
Tax Period End Date2010-12-31TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1NOWLEN HOLT & MINER PABusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line1215 FIFTH STREET SUITE 200AddressLine1
CityWEST PALM BEACHCity
StateFLState
ZIP Code33401ZIPCode
FieldValueIRS element (for citing)
Return Type990PFReturnType
Tax Period Begin Date2010-01-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN260488199EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1GRIGSBY FAMILY CHARITABLEBusinessNameLine1
Business Name Line2FOUNDATION INCBusinessNameLine2
FieldValueIRS element (for citing)
Name ControlGRIGNameControl
Phone8134670811Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 1230AddressLine1
CityOKEECHOBEECity
StateFLState
ZIP Code34973ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameCAROLYN GRIGSBYName
TitleDIRECTORTitle
Phone8134670811Phone
Date Signed2011-10-05DateSigned

Preparer Preparer

FieldValueIRS element (for citing)
NameROBERT W HENDRIXName
Phone5616593060Phone
Date Prepared2011-10-09DatePrepared
FieldValueIRS element (for citing)
Tax Year2010TaxYear
Build TS2016-03-07 17:11:31ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Exempt PFXExemptPF
FMV Assets EOY244673FMVAssetsEOY
Method Of Accounting CashXMethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Received Rev And Expnss151500ContriReceivedRevAndExpnss
Interest On Savings Rev And Expnss331InterestOnSavingsRevAndExpnss
Interest On Savings Net Invst Incm28InterestOnSavingsNetInvstIncm
Interest On Savings Adj Net Incm331InterestOnSavingsAdjNetIncm
Dividends Rev And Expnss101DividendsRevAndExpnss
Dividends Net Invst Incm101DividendsNetInvstIncm
Dividends Adj Net Incm101DividendsAdjNetIncm
Gross Rents Rev And Expnss14609GrossRentsRevAndExpnss
Gross Rents Net Invst Incm14609GrossRentsNetInvstIncm
Gross Rents Adj Net Incm14609GrossRentsAdjNetIncm
Net Rental Income Or Loss14609NetRentalIncomeOrLoss
Other Income Rev And Expnss-678OtherIncomeRevAndExpnss
Other Income Adj Net Incm-678OtherIncomeAdjNetIncm
Total Revenue And Expenses165863TotalRevenueAndExpenses
Total Net Investment Income14738TotalNetInvestmentIncome
Total Adjusted Net Income14363TotalAdjustedNetIncome
Accounting Fees Rev And Expnss1500AccountingFeesRevAndExpnss
Taxes Rev And Expnss124TaxesRevAndExpnss
Tot Opr Expenses Rev And Expnss1624TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm0TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps0TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss173000ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps173000ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss174624TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm0TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps173000TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses-8761ExcessOfRevenueOverExpenses
Net Investment Income14738NetInvestmentIncome
Adjusted Net Income14363AdjustedNetIncome

Balance Sheets BalanceSheets

FieldValueIRS element (for citing)
Cash BOY34886CashBOY
Cash EOY19781CashEOY
Cash EOYFMV19781CashEOYFMV
Other Assets BOY223268OtherAssetsBOY
Other Assets EOY229612OtherAssetsEOY
Other Assets EOYFMV224892OtherAssetsEOYFMV
Total Assets BOY258154TotalAssetsBOY
Total Assets EOY249393TotalAssetsEOY
Total Assets EOYFMV244673TotalAssetsEOYFMV
Total Liabilities EOY0TotalLiabilitiesEOY
Org That Follow SFAS117XOrgThatFollowSFAS117
Unrestricted BOY258154UnrestrictedBOY
Unrestricted EOY249393UnrestrictedEOY
Total Net Assets BOY258154TotalNetAssetsBOY
Total Net Assets EOY249393TotalNetAssetsEOY
Total Liabilities Net Assets BOY258154TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY249393TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

FieldValueIRS element (for citing)
Total Net Assets Fund Balances BOY258154TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses-8761ExcessOfRevenueOverExpenses
Subtotal249393Subtotal
Total Net Assets Fund Balances EOY249393TotalNetAssetsFundBalancesEOY

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

FieldValueIRS element (for citing)
Liable For4942 TaxfalseLiableFor4942Tax
Qualifying Distributions Year1743876QualifyingDistributionsYear1
Noncharitable Assets Year1245180NoncharitableAssetsYear1
Distribution Ratio Year13.034000DistributionRatioYear1
Qualifying Distributions Year252318QualifyingDistributionsYear2
Noncharitable Assets Year2248112NoncharitableAssetsYear2
Distribution Ratio Year20.210864DistributionRatioYear2
Qualifying Distributions Year33021QualifyingDistributionsYear3
Noncharitable Assets Year3223535NoncharitableAssetsYear3
Distribution Ratio Year30.013515DistributionRatioYear3
Total Distribution Ratio3.258379TotalDistributionRatio
Average Distribution Ratio1.086126AverageDistributionRatio
Net Noncharitable Assets239353NetNoncharitableAssets
Adjusted Noncharitable Assets259968AdjustedNoncharitableAssets
One Percent Net Investment Income147OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One260115AdjNonchrtblAssetsAndOnePct
Qualifying Distributions173000QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

FieldValueIRS element (for citing)
Investment Income Excise Tax295InvestmentIncomeExciseTax
Subtotal295Subtotal
Tax Based On Investment Income295TaxBasedOnInvestmentIncome
Tax Due295TaxDue
Amount Credited To Next Year0AmountCreditedToNextYear

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
States Filed WithFLStatesFiledWith
Form990 PF Filed With AGtrueForm990PFFiledWithAG
Private Operating FoundationfalsePrivateOperatingFoundation
New Substantial ContributorstrueNewSubstantialContributors
Interest In Controlled EntityfalseInterestInControlledEntity
Applicable Insurance ContractfalseApplicableInsuranceContract
Comply With Public Inspection RqrtrueComplyWithPublicInspectionRqr
Website AddressN/AWebsiteAddress
Books In Care Of Person NameROBERT W HENDRIX JRBooksInCareOfPersonName
Books In Care Of Phone Number5619965612BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

FieldValueIRS element (for citing)
Address Line1333 POST OFFICE BOX 338AddressLine1
Address Line2333 SE 2ND STREETAddressLine2
CityBELLE GLADECity
StateFLState
ZIP Code33430ZIPCode

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
Undistributed Income Prior YearsfalseUndistributedIncomePriorYears
Business HoldingsfalseBusinessHoldings
Jeopardy InvestmentsfalseJeopardyInvestments
Uncorrected Jeopardy InvestmentsfalseUncorrectedJeopardyInvestments
Influence LegislationfalseInfluenceLegislation
Influence ElectionfalseInfluenceElection
Grants To IndividualsfalseGrantsToIndividuals
Grants To OrganizationsfalseGrantsToOrganizations
Noncharitable PurposefalseNoncharitablePurpose
Rcv Funds To Pay Prsnl Bnft ContractfalseRcvFundsToPayPrsnlBnftContract
Pay Premiums Prsnl Bnft ContractfalsePayPremiumsPrsnlBnftContract

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (3 entries)

Address Line1USAddress/AddressLine1CityUSAddress/CityStateUSAddress/StateZIP CodeUSAddress/ZIPCodeTitleTitleAvg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPositionCompensationCompensationContri To Empl Benefit Plans EtcContriToEmplBenefitPlansEtcExpense Account Other AllowancesExpenseAccountOtherAllowances
CAROLYN GRIGSBY
PO BOX 1230OKEECHOBEEFL34973DIRECTOR1.00000
WILLIAM GRIGSBY JR
518 BEAR ROADLAKE PLACIDFL33852DIRECTOR1.00000
WILLIAM BARTLETT
PO BOX 967OKEECHOBEEFL34976DIRECTOR1.00000
FieldValueIRS element (for citing)
Comp Of Highest Paid Empl NONENONECompOfHighestPaidEmplNONE
Comp Of Hghst Paid Cntrct NONENONECompOfHghstPaidCntrctNONE

Sum Of Program Related Investments SumOfProgramRelatedInvestments

FieldValueIRS element (for citing)
Description1N/ADescription1

Minimum Investment Return MinimumInvestmentReturn

FieldValueIRS element (for citing)
Avg Monthly FMV Of Securities0AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances18106AvgMonthlyCashBalances
FMV All Other Noncharitable Assets224892FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets242998TotalFMVOfUnusedAssets
Adj Total FMV Of Unused Assets242998AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable3645CashDeemedCharitable
Net Noncharitable Assets239353NetNoncharitableAssets
Minimum Investment Return11968MinimumInvestmentReturn

Distributable DistributableAmount

FieldValueIRS element (for citing)
Minimum Investment Return11968MinimumInvestmentReturn
Tax Based On Investment Income295TaxBasedOnInvestmentIncome
Total Tax295TotalTax
Distributable Amount Before Adj11673DistributableAmountBeforeAdj
Distributable Amount Before Ded11673DistributableAmountBeforeDed
Distributable Amount As Adjusted11673DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

FieldValueIRS element (for citing)
Expenses And Contributions173000ExpensesAndContributions
Qualifying Distributions173000QualifyingDistributions
Adj Qualifying Distributions173000AdjQualifyingDistributions

Undistributed Income UndistributedIncome

FieldValueIRS element (for citing)
Distributable Amount As Adjusted11673DistributableAmountAsAdjusted
Excess Distri Carryover Year237221ExcessDistriCarryoverYear2
Excess Distri Carryover Year1731865ExcessDistriCarryoverYear1
Total Excess Distri Carryover769086TotalExcessDistriCarryover
Qualifying Distributions173000QualifyingDistributions
Applied To Current Year11673AppliedToCurrentYear
Remaining Distri From Corpus161327RemainingDistriFromCorpus
Total Corpus930413TotalCorpus
Undistributed Income CY0UndistributedIncomeCY
Excess Distri Cyov To Next Year930413ExcessDistriCyovToNextYear
Excess From Year237221ExcessFromYear2
Excess From Year1731865ExcessFromYear1
Excess From Current Year161327ExcessFromCurrentYear

Supplementary Information SupplementaryInformation

FieldValueIRS element (for citing)
Contributing ManagerCAROLYN GRIGSBYContributingManager
Only Contributes To PreselectedXOnlyContributesToPreselected

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (3 entries)

Address Line1RecipientUSAddress/AddressLine1CityRecipientUSAddress/CityStateRecipientUSAddress/StateZIP CodeRecipientUSAddress/ZIPCodeRecipient RelationshipRecipientRelationshipRecipient Foundation StatusRecipientFoundationStatusPurpose Of Grant Or ContributionPurposeOfGrantOrContributionAmountAmount
OAKVIEW BAPTIST CHURCH
677 SW 32ND STREETOKEECHOBEEFL34974PUBLIC CHARITY509(A)(1)SUPPORT CHURCH ACTIVITIES$153,000
ALL SAINTS SCHOOL
MAPLE VALLEY ROADMORRISTOWNTN37813NON PROFIT CORP501(C)(3)SUPPORT NON PROFIT ACTIVITIES$15,000
LAKEVIEW CHRISTIAN SCHOOL
503 KENT AVENUELAKE PLACIDFL33852NON PROFIT CORP501(C)(3)SUPPORT NON PROFIT ACTIVITIES$5,000
FieldValueIRS element (for citing)
Tot Grant Or Contri Paid During Year173000TotGrantOrContriPaidDuringYear

Analysis Income Producing Acty AnalysisIncomeProducingActy

Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst

FieldValueIRS element (for citing)
Exclusion Code14ExclusionCode
Exclusion$331ExclusionAmount

Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII

FieldValueIRS element (for citing)
Exclusion Code14ExclusionCode
Exclusion$101ExclusionAmount

Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp

FieldValueIRS element (for citing)
Exclusion Code18ExclusionCode
Exclusion$14,609ExclusionAmount

Other Revenue Described OtherRevenueDescribed

FieldValueIRS element (for citing)
DescriptionWCW HOLDINGS, LTDDescription
Business Code111000BusinessCode
Unrelated Business Income-$678UnrelatedBusinessIncomeAmount

Subtotals Part XVIA SubtotalsPartXVIA

FieldValueIRS element (for citing)
Unrelated Business Income-$678UnrelatedBusinessIncomeAmount
Exclusion$15,041ExclusionAmount
FieldValueIRS element (for citing)
Total Part XVIA14363TotalPartXVIA

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

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFXOrganization501c3ExemptPF
General RuleXGeneralRule

Contributor Info ContributorInfo

FieldValueIRS element (for citing)
Contributor Number1ContributorNumber
Contributor Name IndividualCARYOLN GRIGSBYContributorNameIndividual

Contributor Address US ContributorAddressUS

FieldValueIRS element (for citing)
Address Line1PO BOX 1230AddressLine1
CityOKEECHOBEECity
StateFLState
ZIP Code34973ZIPCode
FieldValueIRS element (for citing)
Aggregate Contributions151500AggregateContributions
Person Contribution TypeXPersonContributionType

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees AccountingFees

FieldValueIRS element (for citing)
CategoryACCOUNTING FEESCategory
Amount$1,500Amount

Compensation Explanation CompensationExplanation

Compensation Compensation (3 entries)

CAROLYN GRIGSBY
WILLIAM GRIGSBY JR
WILLIAM BARTLETT

Other Assets Schedule OtherAssetsSchedule

Other Assets OtherAssets

FieldValueIRS element (for citing)
DescriptionW.C.W. HOLDINGS, LTD 1% INVESTMENTDescription
BOY Book Value223268BOYBookValue
EOY Book Value229612EOYBookValue
EOYFMV224892EOYFMV

Other Income Schedule2 OtherIncomeSchedule2

Other Income OtherIncome

FieldValueIRS element (for citing)
DescriptionWCW HOLDINGS, LTDDescription
Revenue And Expenses Per Books-678RevenueAndExpensesPerBooks
Adjusted Net Income-678AdjustedNetIncome

Substantial Contributors Sch SubstantialContributorsSch

Substantial Contributor SubstantialContributor

FieldValueIRS element (for citing)
Person NameCAROLYN GRIGSBYPersonName

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 1230AddressLine1
CityOKEECHOBEECity
StateFLState
ZIP Code34973ZIPCode

Taxes Schedule TaxesSchedule

Taxes Taxes

FieldValueIRS element (for citing)
CategoryFEDERAL EXCISE TAXCategory
Amount$124Amount