FOX-EVERETT FOUNDATION: Form 990PF, tax year 2010

View the entire original 990 at ProPublica ↗

Organization: FOX-EVERETT FOUNDATION (EIN 20-0049482)
Tax period: 2010-01-01 to 2010-12-31
Filed: 2011-05-11
IRS object ID: 201111319349100711
Schema version: 2010v3.2
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
Form 990-PF
All Oth Prog Rltd Investments Sch
Other Expenses Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2011-05-11T09:36:11-05:00	Timestamp
Tax Period End Date	2010-12-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	HORNE LLP	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	1020 HIGHLAND COLONY PKWY STE 400	AddressLine1
City	RIDGELAND	City
State	MS	State
ZIP Code	39157	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnType
Tax Period Begin Date	2010-01-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	200049482	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	FOX-EVERETT FOUNDATION	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	FOX-	NameControl
Phone	6016075405	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	P O BOX 6006	AddressLine1
City	RIDGELAND	City
State	MS	State
ZIP Code	391586006	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	JON BROWNING	Name
Title	SECRETARY/TREASURER	Title
Phone	6016075405	Phone
Date Signed	2011-05-06	DateSigned
Authorize Third Party	1	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	KIRK HINES CPA	Name
Phone	6013261000	Phone
Date Prepared	2011-05-06	DatePrepared

Field	Value	IRS element (for citing)
Tax Year	2010	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Exempt PF	X	ExemptPF
FMV Assets EOY	101783	FMVAssetsEOY
Method Of Accounting Cash	X	MethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Contri Received Rev And Expnss	12980	ContriReceivedRevAndExpnss
Not Required To Attach Schedule B	X	NotRequiredToAttachScheduleB
Interest On Savings Rev And Expnss	231	InterestOnSavingsRevAndExpnss
Interest On Savings Net Invst Incm	231	InterestOnSavingsNetInvstIncm
Capital Gain Net Incm Net Invst Incm	0	CapitalGainNetIncmNetInvstIncm
Total Revenue And Expenses	13211	TotalRevenueAndExpenses
Total Net Investment Income	231	TotalNetInvestmentIncome
Total Adjusted Net Income	0	TotalAdjustedNetIncome
Comp Ofcr Dir Trst Rev And Expnss	0	CompOfcrDirTrstRevAndExpnss
Comp Ofcr Dir Trst Net Invst Incm	0	CompOfcrDirTrstNetInvstIncm
Comp Ofcr Dir Trst Adj Net Incm	0	CompOfcrDirTrstAdjNetIncm
Comp Ofcr Dir Trst Dsbrs Chrtbl Prps	0	CompOfcrDirTrstDsbrsChrtblPrps
Other Expenses Rev And Expnss	10	OtherExpensesRevAndExpnss
Other Expenses Net Invst Incm	0	OtherExpensesNetInvstIncm
Other Expenses Adj Net Incm	0	OtherExpensesAdjNetIncm
Other Expenses Dsbrs Chrtbl Prps	0	OtherExpensesDsbrsChrtblPrps
Tot Opr Expenses Rev And Expnss	10	TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm	0	TotOprExpensesNetInvstIncm
Tot Opr Expenses Adj Net Incm	0	TotOprExpensesAdjNetIncm
Tot Opr Expenses Dsbrs Chrtbl Prps	0	TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss	10000	ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps	10000	ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss	10010	TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm	0	TotalExpensesNetInvstIncm
Total Expenses Adj Net Incm	0	TotalExpensesAdjNetIncm
Total Expenses Dsbrs Chrtbl Prps	10000	TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses	3201	ExcessOfRevenueOverExpenses
Net Investment Income	231	NetInvestmentIncome
Adjusted Net Income	0	AdjustedNetIncome

Balance Sheets BalanceSheets

Field	Value	IRS element (for citing)
Savings And Temp Cash Invst BOY	98582	SavingsAndTempCashInvstBOY
Savings And Temp Cash Invst EOY	101783	SavingsAndTempCashInvstEOY
Savings And Temp Cash Invst EOYFMV	101783	SavingsAndTempCashInvstEOYFMV
Total Assets BOY	98582	TotalAssetsBOY
Total Assets EOY	101783	TotalAssetsEOY
Total Assets EOYFMV	101783	TotalAssetsEOYFMV
Total Liabilities BOY	0	TotalLiabilitiesBOY
Total Liabilities EOY	0	TotalLiabilitiesEOY
Org That Do Not Follow SFAS117	X	OrgThatDoNotFollowSFAS117
Capital Stock BOY	98582	CapitalStockBOY
Capital Stock EOY	101783	CapitalStockEOY
Paid In Or Capital Surplus BOY	0	PaidInOrCapitalSurplusBOY
Paid In Or Capital Surplus EOY	0	PaidInOrCapitalSurplusEOY
Retained Earnings BOY	0	RetainedEarningsBOY
Retained Earnings EOY	0	RetainedEarningsEOY
Total Net Assets BOY	98582	TotalNetAssetsBOY
Total Net Assets EOY	101783	TotalNetAssetsEOY
Total Liabilities Net Assets BOY	98582	TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY	101783	TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

Field	Value	IRS element (for citing)
Total Net Assets Fund Balances BOY	98582	TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses	3201	ExcessOfRevenueOverExpenses
Other Increases	0	OtherIncreases
Subtotal	101783	Subtotal
Other Decreases	0	OtherDecreases
Total Net Assets Fund Balances EOY	101783	TotalNetAssetsFundBalancesEOY

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

Field	Value	IRS element (for citing)
Liable For4942 Tax	0	LiableFor4942Tax
Qualifying Distributions Year1	10000	QualifyingDistributionsYear1
Noncharitable Assets Year1	87894	NoncharitableAssetsYear1
Distribution Ratio Year1	0.113773	DistributionRatioYear1
Qualifying Distributions Year2	0	QualifyingDistributionsYear2
Noncharitable Assets Year2	88858	NoncharitableAssetsYear2
Distribution Ratio Year2	0.0	DistributionRatioYear2
Qualifying Distributions Year3	0	QualifyingDistributionsYear3
Noncharitable Assets Year3	65453	NoncharitableAssetsYear3
Distribution Ratio Year3	0.0	DistributionRatioYear3
Qualifying Distributions Year4	5000	QualifyingDistributionsYear4
Noncharitable Assets Year4	42693	NoncharitableAssetsYear4
Distribution Ratio Year4	0.117115	DistributionRatioYear4
Qualifying Distributions Year5	88996	QualifyingDistributionsYear5
Noncharitable Assets Year5	40350	NoncharitableAssetsYear5
Distribution Ratio Year5	2.205601	DistributionRatioYear5
Total Distribution Ratio	2.436489	TotalDistributionRatio
Average Distribution Ratio	0.487298	AverageDistributionRatio
Net Noncharitable Assets	94056	NetNoncharitableAssets
Adjusted Noncharitable Assets	45833	AdjustedNoncharitableAssets
One Percent Net Investment Income	2	OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One	45835	AdjNonchrtblAssetsAndOnePct
Qualifying Distributions	10000	QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

Field	Value	IRS element (for citing)
Investment Income Excise Tax	5	InvestmentIncomeExciseTax
Tax Under Section511	0	TaxUnderSection511
Subtotal	5	Subtotal
Subtitle A Tax	0	SubtitleATax
Tax Based On Investment Income	5	TaxBasedOnInvestmentIncome
Total Credits And Payments	0	TotalCreditsAndPayments
Tax Due	5	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	MS	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 Business Name BooksInCareOfBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	JON BROWNING FOX-EVERETT INC	BusinessNameLine1

Field	Value	IRS element (for citing)
Books In Care Of Phone Number	6016075405	BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

Field	Value	IRS element (for citing)
Address Line1	300 CONCOURSE BLVD	AddressLine1
City	RIDGELAND	City
State	MS	State
ZIP Code	39157	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 (3 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
WE KINCHEN
P O BOX 6006	RIDGELAND	MS	391586006	PRESIDENT	0.00	0	0	0
PEGGY HEMPHILL
P O BOX 6006	RIDGELAND	MS	391586006	VICE-PRESIDENT	0.00	0	0	0
JON BROWNING
P O BOX 6006	RIDGELAND	MS	391586006	SECRETARY/TREASURER	2.00	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

Summary Of Direct Charitable Acty SummaryOfDirectCharitableActy

Field	Value	IRS element (for citing)
Description1	DIRECT GRANTS TO CHARITABLE ORGANIZATIONS	Description1
Expenses1	10000	Expenses1

Sum Of Program Related Investments SumOfProgramRelatedInvestments

Field	Value	IRS element (for citing)
Description1	NONE	Description1
Amount1	0	Amount1
All Oth Prog Rltd Investments Total	0	AllOthProgRltdInvestmentsTotal
Total	0	Total

Minimum Investment Return MinimumInvestmentReturn

Field	Value	IRS element (for citing)
Avg Monthly FMV Of Securities	0	AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances	95488	AvgMonthlyCashBalances
FMV All Other Noncharitable Assets	0	FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets	95488	TotalFMVOfUnusedAssets
Reduction Claimed	0	ReductionClaimed
Acquisition Indebtedness	0	AcquisitionIndebtedness
Adj Total FMV Of Unused Assets	95488	AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable	1432	CashDeemedCharitable
Net Noncharitable Assets	94056	NetNoncharitableAssets
Minimum Investment Return	4703	MinimumInvestmentReturn

Distributable DistributableAmount

Field	Value	IRS element (for citing)
Minimum Investment Return	4703	MinimumInvestmentReturn
Tax Based On Investment Income	5	TaxBasedOnInvestmentIncome
Total Tax	5	TotalTax
Distributable Amount Before Adj	4698	DistributableAmountBeforeAdj
Recoveries Qlfy Distributions	0	RecoveriesQlfyDistributions
Distributable Amount Before Ded	4698	DistributableAmountBeforeDed
Deduction Fr Distributable	$0	DeductionFrDistributableAmount
Distributable Amount As Adjusted	4698	DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

Field	Value	IRS element (for citing)
Expenses And Contributions	10000	ExpensesAndContributions
Program Related Investments Total	0	ProgramRelatedInvestmentsTotal
Qualifying Distributions	10000	QualifyingDistributions
One Pct Sect4940e Org Net Invst Incm	0	OnePctSect4940eOrgNetInvstIncm
Adj Qualifying Distributions	10000	AdjQualifyingDistributions

Undistributed Income UndistributedIncome

Field	Value	IRS element (for citing)
Distributable Amount As Adjusted	4698	DistributableAmountAsAdjusted
Undistributed Income Prior Year	0	UndistributedIncomePriorYear
Total For Prior Years	0	TotalForPriorYears
Excess Distri Carryover Year5	78545	ExcessDistriCarryoverYear5
Excess Distri Carryover Year4	2879	ExcessDistriCarryoverYear4
Excess Distri Carryover Year1	5610	ExcessDistriCarryoverYear1
Total Excess Distri Carryover	87034	TotalExcessDistriCarryover
Qualifying Distributions	10000	QualifyingDistributions
Applied To Year1	0	AppliedToYear1
Applied To Prior Years	0	AppliedToPriorYears
Treated As Distri From Corpus	0	TreatedAsDistriFromCorpus
Applied To Current Year	4698	AppliedToCurrentYear
Remaining Distri From Corpus	5302	RemainingDistriFromCorpus
Excess Distri Cyov App CY Corpus	0	ExcessDistriCyovAppCYCorpus
Excess Distri Cyov Applied CY	0	ExcessDistriCyovAppliedCY
Total Corpus	92336	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	78545	ExcessDistriCyovFromYear5
Excess Distri Cyov To Next Year	13791	ExcessDistriCyovToNextYear
Excess From Year4	2879	ExcessFromYear4
Excess From Year1	5610	ExcessFromYear1
Excess From Current Year	5302	ExcessFromCurrentYear

Supplementary Information SupplementaryInformation

Field	Value	IRS element (for citing)
Contributing Manager	WE KINCHEN	ContributingManager
Only Contributes To Preselected	X	OnlyContributesToPreselected

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (5 entries)

Address Line1RecipientUSAddress/AddressLine1	CityRecipientUSAddress/City	StateRecipientUSAddress/State	ZIP CodeRecipientUSAddress/ZIPCode	Recipient RelationshipRecipientRelationship	Recipient Foundation StatusRecipientFoundationStatus	Purpose Of Grant Or ContributionPurposeOfGrantOrContribution	AmountAmount
BURIED TREASURES HOME
PO BOX 720672	BYRAM	MS	39272	NONE	PUBLIC CHARITY	TO SUPPORT THE MISSION OF THE ORGANIZATION	$2,000
MISSION FIRST INC
275 ROSENEATH STREET	JACKSON	MS	39203	NONE	PUBLIC CHARITY	TO SUPPORT THE MISSION OF THE ORGANIZATION	$2,000
SOUTH RANKIN FOOD RESOURCE INC
235 RICHLAND CIRCLE	RICHLAND	MS	39218	NONE	PUBLIC CHARITY	TO SUPPORT THE MISSION OF THE ORGANIZATION	$2,000
ST VINCENT DEPAUL PHARMACY
735 DIVISION ST	BILOXI	MS	39530	NONE	PUBLIC CHARITY	TO SUPPORT THE MISSION OF THE ORGANIZATION	$2,000
FISHER HOUSE OF KEESLER
509 FISHER STREET	KEESLER AFB	MS	39534	NONE	PUBLIC CHARITY	TO SUPPORT THE MISSION OF THE ORGANIZATION	$2,000

Field	Value	IRS element (for citing)
Tot Grant Or Contri Paid During Year	10000	TotGrantOrContriPaidDuringYear
Tot Grant Or Contri Approved Future	0	TotGrantOrContriApprovedFuture

Analysis Income Producing Acty AnalysisIncomeProducingActy

Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst

Field	Value	IRS element (for citing)
Exclusion Code	14	ExclusionCode
Exclusion	$231	ExclusionAmount

Subtotals Part XVIA SubtotalsPartXVIA

Field	Value	IRS element (for citing)
Unrelated Business Income	$0	UnrelatedBusinessIncomeAmount
Exclusion	$231	ExclusionAmount
Related Or Exempt Function Income	0	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Total Part XVIA	231	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

All Oth Prog Rltd Investments Sch AllOthProgRltdInvestmentsSch

All Oth Prog Rltd Investments AllOthProgRltdInvestments

Field	Value	IRS element (for citing)
Description	NONE	Description
Amount	$0	Amount

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses

Field	Value	IRS element (for citing)
Description	SERVICE CHARGE	Description
Revenue And Expenses Per Books	10	RevenueAndExpensesPerBooks
Net Investment Income	0	NetInvestmentIncome
Adjusted Net Income	0	AdjustedNetIncome
Disbursements Charitable Prps	0	DisbursementsCharitablePrps