Form990-PF

Department of the Treasury
Internal Revenue Service
Return of Private Foundation
or Section 4947(a)(1) Nonexempt Charitable Trust
Treated as a Private Foundation
Note. The foundation may be able to use a copy of this return to satisfy state reporting requirements.
OMB No. 1545-0052
2010
For calendar year 2010, or tax year beginning 01-01-2010 , and ending 12-31-2010
G
Check all that apply:
Name of foundation
TAUNTON FAMILY CHILDRENS HOME
 

Number and street (or P.O. box number if mail is not delivered to street address)P O BOX 870   Room/suite
City or town, state, and ZIP code
WEWAHITCHKA, FL32465
A Employer identification number

59-2335556
B Telephone number (see page 10 of the instructions)

C bullet
D 1. bullet
H Check type of organization:
2. bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$2,028,639J Accounting method:
 
(Part I, column (d) must be on cash basis.)
E bullet
F bullet
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see page 11 of the instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 246,984
2 Check bullet
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities...... 3   3
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -434
b Gross sales price for all assets on line 6a 9,161
7 Capital gain net income (from Part IV, line 2)...  
8 Net short-term capital gain......... 7
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 23,475   23,475
12 Total. Add lines 1 through 11........ 270,028 0 23,485
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 70     70
c Other professional fees (attach schedule)....        
17 Interest............... 6,800     6,800
18 Taxes (attach schedule) (see page 14 of the instructions) Click to see attachment 644     644
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications.......... 108     108
23 Other expenses (attach schedule)....... Click to see attachment 125,986     125,986
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 133,608 0   133,608
25 Contributions, gifts, grants paid........ 0 0
26 Total expenses and disbursements. Add lines 24 and 25 133,608 0   133,608
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 136,420
b Net investment income (if negative, enter -0-) 0
c Adjusted net income (if negative, enter -0-)... 23,485
For Privacy Act and Paperwork Reduction Act Notice, see page 30 of the instructions.
Cat. No. 11289X Form 990-PF (2010)
Form 990-PF (2010)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............... 4,419 684 684
2 Savings and temporary cash investments.......... 6,026 10,038 10,038
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see page 15 of the
instructions)....................      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)........ 67,508    
c Investments—corporate bonds (attach schedule)........      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)...........      
14 Land, buildings, and equipment: basis bullet2,017,917
Less: accumulated depreciation (attach schedule) bullet   1,361,480 Click to see attachment2,017,917 2,017,917
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 1,439,433 2,028,639 2,028,639
Liabilities 17 Accounts payable and accrued expenses.......... 29,543  
18 Grants payable...................    
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).......... 29,543 0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................... 1,409,890 2,028,639
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds.........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see page 17 of the
instructions).................... 1,409,890 2,028,639
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 1,439,433 2,028,639
Part III Analysis of Changes in Net Assets or Fund Balances
1 Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree
with end-of-year figure reported on prior year’s return)............... 1 1,409,890
2 Enter amount from Part I, line 27a...................... 2 136,420
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 482,329
4 Add lines 1, 2, and 3.......................... 4 2,028,639
5 Decreases not included in line 2 (itemize) bullet 5  
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30.. 6 2,028,639
Form 990-PF (2010)
Form 990-PF (2010)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.) 		(b) How acquired
P—Purchase
D—Donation 		(c) Date acquired
(mo., day, yr.) 		(d) Date sold
(mo., day, yr.)
1 a 25 CAP WORLD GROWTH AND INC FD CL D 2004-10-27 2010-02-19
b CAPITAL WORLD GROWTH AND INC FD CL D 2006-12-25 2010-02-19
c 1 CAP WORLD GROWTH AND INC FD CL D 2006-12-25 2010-02-19
d CAPITAL WORLD GROWTH AND INC FD CL D 2007-03-21 2010-02-19
e CAPITAL WORLD GROWTH AND INC FD CL D 2007-06-20 2010-02-19
CAPITAL WORLD GROWTH AND INC FD CL D 2007-09-25 2010-02-19
20 CAP WORLD GROWTH AND INC FD CL D 2004-10-27 2010-02-19
CAPITAL WORLD GROWTH AND INC FD CL D 2007-12-20 2010-02-19
4 CAP WORLD GROWTH AND INC FD CL D 2007-12-20 2010-02-19
CAPITAL WORLD GROWTH AND INC FD CL D 2007-12-20 2010-02-19
CAPITAL WORLD GROWTH AND INC FD CL D 2008-03-25 2010-02-19
1 CAP WORLD GROWTH AND INC FD CL D 2008-06-30 2010-02-19
CAPITAL WORLD GROWTH AND INC FD CL D 2008-09-25 2010-02-19
1 CAP WORLD GROWTH AND INC FD CL D 2008-12-18 2010-02-19
181 COLUMBIA ACORN FD CL 2 D 2005-12-31 2010-02-19
7 COLUMBIA ACORN FD CL 2 D 2005-12-14 2010-02-19
COLUMBIA ACORN FD CL 2 D 2005-12-14 2010-02-19
1 COLUMBIA ACORN FD CL 2 D 2005-12-14 2010-02-19
2 COLUMBIA ACORN FD CL 2 D 2006-06-09 2010-02-19
1 COLUMBIA ACORN FD CL 2 D 2006-12-13 2010-02-19
13 COLUMBIA ACORN FD CL 2 D 2006-12-13 2010-02-19
1 COLUMBIA ACORN FD CL 2 D 2006-12-13 2010-02-19
2 COLUMBIA ACORN FD CL 2 D 2007-06-08 2010-02-19
COLUMBIA ACORN FD CL 2 D 2007-06-08 2010-02-19
1 COLUMBIA ACORN FD CL 2 D 2007-12-14 2010-02-19
13 COLUMBIA ACORN FD CL 2 D 2007-12-14 2010-02-19
1 COLUMBIA ACORN FD CL 2 D 2007-12-14 2010-02-19
4 COLUMBIA ACORN FD CL 2 D 2008-06-16 2010-02-19
COLUMBIA ACORN FD CL 2 D 2008-06-16 2010-02-19
COLUMBIA ACORN FD CL 2 D 2008-12-10 2010-02-19
1 COLUMBIA ACORN FD CL 2 D 2008-12-10 2010-02-19
19 INTEL D 2008-12-01 2010-02-19
2 MIRANT D 2008-12-01 2010-02-19
8 WTS MIRANT CORP D 2008-12-01 2010-02-19
48 ST JOE COMPANY D 2003-10-29 2010-02-19
CAP WORLD GRTH AND INC FD CL A D 2009-03-23 2010-02-19
1 CAP WORLD GRTH AND INC FD CL A D 2009-06-23 2010-02-19
CAP WORLD GRTH AND INC FD CL A D 2009-09-30 2010-02-19
CAP WORLD GRTH AND INC FD CL A D 2009-12-17 2010-02-19
COLUMBIA ACORN FD CL 2 D 2009-12-10 2010-02-19
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a 813   808 5
b 5   6 -1
c 35   45 -10
d 4   5 -1
e 7   11 -4
5   7 -2
660   656 4
11   14 -3
116   154 -38
2   3 -1
8   10 -2
18   22 -4
12   13 -1
19   16 3
4,456   4,456  
180   208 -28
4   5 -1
23   27 -4
50   59 -9
20   24 -4
315   381 -66
13   15 -2
52   70 -18
7   9 -2
20   24 -4
310   374 -64
19   23 -4
103   115 -12
7   7  
5   3 2
36   24 12
373   373  
21   21  
1   1  
1,368   1,557 -189
11   8 3
25   21 4
6   6  
9   10 -1
12   11 1
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l) Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i) F.M.V. as of 12/31/69 (j) Adjusted basis
as of 12/31/69 		(k) Excess of col. (i)
over col. (j), if any
a       5
b       -1
c       -10
d       -1
e       -4
      -2
      4
      -3
      -38
      -1
      -2
      -4
      -1
      3
       
      -28
      -1
      -4
      -9
      -4
      -66
      -2
      -18
      -2
      -4
      -64
      -4
      -12
       
      2
      12
       
       
       
      -189
      3
      4
       
      -1
      1
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 -441
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see pages 13 and 17 of the instructions).
If (loss), enter -0- in Part I, line 8 . . . . . . . . . . . . . 		Bracket 3 7
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If “Yes,” the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see page 18 of the instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2009 131,424 66,495 1.976449
2008 169,677 59,547 2.849463
2007 186,258 63,926 2.91365
2006 240,508 72,659 3.310092
2005 213,536 76,650 2.785858
2 Total of line 1, column (d) ...................... 2 13.835513
3 Average distribution ratio for the 5-year base period—divide the total on line 2 by 5, or by
the number of years the foundation has been in existence if less than 5 years. . . 		3 2.767103
4 Enter the net value of noncharitable-use assets for 2010 from Part X, line 5..... 4  
5 Multiply line 4 by line 3....................... 5 0
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6  
7 Add lines 5 and 6......................... 7 0
8 Enter qualifying distributions from Part XII, line 4.............. 8 133,608
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See
the Part VI instructions on page 18.
Form 990-PF (2010)
Form 990-PF (2010)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)
1a Bulletand enter “N/A” on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 0
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2............................ 3  
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-). 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 0
6 Credits/Payments:
a 2010 estimated tax payments and 2009 overpayment credited to 2010 6a  
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868) 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7  
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2011 estimated taxBullet   Refunded Bullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see page 19 of
the instructions for definition)?.............................
1b
 
No
If the answer is “Yes” to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If “Yes,” attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If “Yes,” attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If “Yes,” has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If “Yes,” attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If “Yes,” complete Part II, col. (c), and Part XV.
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see page 19 of the
    instructions)bulletFL
    b
    If the answer is “Yes” to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If “No,” attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2010 or the taxable year beginning in 2010 (see instructions for Part XIV on
    page 27)? If “Yes,” complete Part XIV...........................
    9
    Yes
     
    10
    Did any persons become substantial contributors during the tax year? If “Yes,” attach a schedule listing their names and addresses.Click to see attachment
    10
    Yes
     
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see page 20 of the instructions) .......
    11
     
    No
    12
    Did the foundation acquire a direct or indirect interest in any applicable insurance contract before August 17, 2008?
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletWWW.TAUNTONHOME.ORG
    14
    The books are in care ofbulletDAVID AND ABIGAIL TAUNTON Telephone no.bullet (850) 639-2337
    Located atbulletPO BOX 870WEWAHITCHKAFL ZIP+4bullet32465
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16
    At any time during calendar year 2010, did the foundation have an interest in or a signature or other authority over
    a bank, securities, or other financial account in a foreign country? .................
    16
     
    No
    See page 20 of the instructions for exceptions and filing requirements for Form TD F 90-22.1. If "Yes", enter the name of the foreign country bullet  
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 5
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the “Yes” column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?.........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?.................
    (6) Agree to pay money or property to a government official? (Exception. Check “No”
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).........
    b
    If any answer is “Yes” to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see page 20 of the instructions)?...
    1b
     
     
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2010?.............
    1c
     
     
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2010, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2010?...............
    If “Yes,” list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer “No” and attach statement—see page 20 of the instructions.) .........
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business
    enterprise at any time during the year?.....................
    b
    If “Yes,” did it have excess business holdings in 2010 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2010.)....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2010?
    4b
     
    No
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?...............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 509(a)(1), (2), or (3), or section 4940(d)(2)? (see page 22 of the instructions)...
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?........
    b
    If any answer is “Yes” to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see page 22 of the instructions)?
    5b
     
    No
    .........bullet
    c
    If the answer is “Yes” to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?............
    If “Yes,” attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay
    premiums on a personal benefit contract?....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If “Yes” to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 6
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see page 22 of the instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to
    employee benefit plans
    and deferred compensation     		(e) Expense account,
    other allowances
    DAVID AND ABIGAIL TAUNTON DIRECTORS PAREN
    168     		0 0 0
    PO BOX 870
    WEWAHITCHKA,FL32465
    CHARLES COSTIN DIRECTOR
    1     		0 0 0
    413 WILLIAMS AVENUE
    PORT SAINT JOE,FL32456
    JIM AND AMRY HARTZOG DIRECTORS
    1     		0 0 0
    8 PARK PLACE
    DOTHAN,AL36301
    STEVE WATKINS DIRECTOR
    1     		0 0 0
    1008 KENILWORTH
    TALLAHASSEE,FL32312
    DIANA TAUNTON DIRECTOR
    1     		0 0 0
    PO BOX 870
    WEWAHITCHKA,FL32465
    DANIEL TAUNTON DIRECTOR
    1     		0 0 0
    1341 EAST RIVER ROAD
    WEWAHITCHKA,FL32465
    ADAM TAUNTON DIRECTOR
    1     		0 0 0
    4257 NORTH HIGHWAY 71
    WEWAHITCHKA,FL32465
    JOSH TAUNTON DIRECTOR
    1     		0 0 0
    4053 NORTH HIGHWAY 71
    WEWAHITCHKA,FL32465
    JAMES TAUNTON DIRECTOR
    1     		0 0 0
    211 CHARLIE GASKIN DRIVE
    WEWAHITCHKA,FL32465
    BEN WATKINS ADVISORY BOARD
    1     		0 0 0
    564 RHODEN COVE ROAD
    TALLAHASSEE,FL32312
    ORIN AND LISA COMBS DIRECTORS PAREN
    168     		0 0 0
    PO BOX 1652
    WEWAHITCHKA,FL32465
    2 Compensation of five highest-paid employees (other than those included on line 1—see page 23 of the instructions).
    If none, enter “NONE.”
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet  
    3 Five highest-paid independent contractors for professional services (see page 23 of the instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1 THE FOUNDATIONS SOLE ACTIVITY IS THE CARE AND SUPPORT OF APPROXIMATELY 35 CHILDREN 0
    2  
    3  
    4  
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 7
    Part IX-B
    Summary of Program-Related Investments (see page 23 of the instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See page 24 of the instructions.
    3  
    Total. Add lines 1 through 3...........................bullet  
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see page 24 of the instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    0
    b
    Average of monthly cash balances.......................
    1b
    0
    c
    Fair market value of all other assets (see page 24 of the instructions)............
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    0
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) ..............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d..........................
    3
    0
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see page 25
    of the instructions) ............................
    4
    0
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    0
    6
    Minimum investment return. Enter 5% of line 5...................
    6
    0
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
     
    2a
    Tax on investment income for 2010 from Part VI, line 5......
    2a
     
    b
    Income tax for 2010. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
     
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
     
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4.............................
    5
     
    6
    Deduction from distributable amount (see page 25 of the instructions)...........
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,
    line 1.................................
    7
    0
    Part XII
    Qualifying Distributions (see page 25 of the instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    133,608
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes................................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    133,608
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b (see page 26 of the instructions)............
    5
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4...............
    6
    133,608
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 8
    Part XIII
    Undistributed Income (see page 26 of the instructions)
    (a)
    Corpus     		(b)
    Years prior to 2009     		(c)
    2009     		(d)
    2010
    1 Distributable amount for 2010 from Part XI, line 7 0
    2 Undistributed income, if any, as of the end of 2010:
    a Enter amount for 2009 only....... 2,792
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2010:
    a From 2005.......  
    b From 2006.......  
    c From 2007.......  
    d From 2008.......  
    e From 2009.......  
    fTotal of lines 3a through e.........  
    4Qualifying distributions for 2010 from Part
    XII, line 4: bullet$ 133,608
    a Applied to 2009, but not more than line 2a 2,792
    b Applied to undistributed income of prior years
    (Election required—see page 26 of the instructions)    		  
    c Treated as distributions out of corpus (Election
    required—see page 26 of the instructions)...     		 
    d Applied to 2010 distributable amount.....  
    e Remaining amount distributed out of corpus 130,816
    5 Excess distributions carryover applied to 2010.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 130,816
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable
    amount—see page 27 of the instructions ...     		 
    e Undistributed income for 2009. Subtract line
    4a from line 2a. Taxable amount—see page 27
    of the instructions ...........     		 
    f Undistributed income for 2010. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2011 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (see page 27
    of the instructions) ...........     		 
    8Excess distributions carryover from 2005 not
    applied on line 5 or line 7 (see page 27 of the
    instructions) .............     		 
    9Excess distributions carryover to 2011.
    Subtract lines 7 and 8 from line 6a ......     		130,816
    10 Analysis of line 9:
    a Excess from 2006....  
    b Excess from 2007....  
    c Excess from 2008....  
    d Excess from 2009....  
    e Excess from 2010.... 130,816
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 9
    Part XIV
    Private Operating Foundations (see page 27 of the instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2010, enter the date of the ruling.......bullet
    1984-11-13
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2010 (b) 2009 (c) 2008 (d) 2007
    0     3,196 3,196
    b 85% of line 2a .........       2,717 2,717
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		133,608 131,424 169,677 187,050 621,759
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ....     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		133,608 131,424 169,677 187,050 621,759
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets” alternative test—enter:
    (1) Value of all assets ...... 1,627,834 1,439,433 1,074,347 1,086,368 5,227,982
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment” alternative test— enter 2⁄3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		        0
    c “Support” alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see page 27 of the instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 10
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    Total .................................bullet 3a  
    bApproved for future payment
    Total ..................................bullet 3b  
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 11
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See page 28 of
    the instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3Interest on savings and temporary cash investments          
    4 Dividends and interest from securities....          
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6Net rental income or (loss) from personal property          
    7 Other investment income.....     01    
    8Gain or (loss) from sales of assets other than inventory          
    9 Net income or (loss) from special events:     01    
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: aCHILD SUP SOC SECUR     01    
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..      
    13Total. Add line 12, columns (b), (d), and (e)...................
    13  
    (See worksheet in line 13 instructions on page 28 to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the organization’s exempt purposes (other than by providing funds for such purposes). (See
    page 28 of the instructions.)
    7 ROYALTIES WHICH ARE ONLY USED FOR THE CARE OF THE CHILDREN
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 12
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section
    Yes
    No
    501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash....................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements............................
    1b(4)
     
    No
    (5) Loans or loan guarantees..............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is “Yes,” complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If “Yes,” complete the following schedule.
    (a) Name of organization (b) Type of organization (c) Description of relationship
    SignHere
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer or fiduciary) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    Signature of officer or trustee Date Title
    PaidPreparersUseOnly Preparer's SignatureBullet Date PTIN
    Firm's namebullet



    Firm's addressbullet







         		Firm's EINbullet
    Phone no.
    Form 990-PF (2010)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors
    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    OMB No. 1545-0047
    2010
    Name of organization
    TAUNTON FAMILY CHILDRENS HOME
     
    Employer identification number

    59-2335556
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ





    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule—
    Special Rules
    ......................... Arrow Bullet   $    
    Caution. An Organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2 of its Form 990, or check the box in the heading of its
    Form 990-EZ, or on line 2 of its Form 990-PF, to certify that it does not meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2010)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2010)
    Page 1 of 2 of Part I
    Name of organization
    TAUNTON FAMILY CHILDRENS HOME
          		Employer identification number

    59-2335556
    Part I
    Contributors (see Instructions)
    		     
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Aggregate contributions    		 (d)
    Type of contribution
    1
     
     

    FRANCES BURDINE    
    PO BOX 3053
       
    PANAMA CITY, FL   32401

    		$12,000




    (Complete Part II if there is
    a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Aggregate contributions    		 (d)
    Type of contribution
    2
     
     

    JOHN DRUMMOND SR    
    170 DRUMMOND PLACE
       
    JASPER, AL   35504

    		$50,445




    (Complete Part II if there is
    a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Aggregate contributions    		 (d)
    Type of contribution
    3
     
     

    IRA LINDSEY MASONIC LODGE    
    2604 WEST 20TH STREET
       
    PANAMA CITY, FL   32405

    		$5,000




    (Complete Part II if there is
    a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Aggregate contributions    		 (d)
    Type of contribution
    4
     
     

    M G NELSON    
    BOX 2531
       
    PANAMA CITY, FL   32402

    		$10,000




    (Complete Part II if there is
    a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Aggregate contributions    		 (d)
    Type of contribution
    5
     
     

    DAVID AND ABIGAIL TAUNTON    
    PO BOX 870
       
    WEWAHITCHKA, FL   32465

    		$9,040




    (Complete Part II if there is
    a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Aggregate contributions    		 (d)
    Type of contribution
    6
     
     

    JOYCE WILLIAMS    
    2933 WEST 30TH COURT
       
    PANAMA CITY, FL   32405

    		$11,100




    (Complete Part II if there is
    a noncash contribution.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2010)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2010)
    Page 2 of 2 of Part I
    Name of organization
    TAUNTON FAMILY CHILDRENS HOME
          		Employer identification number

    59-2335556
    Part I
    Contributors (see Instructions)
    		     
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Aggregate contributions    		 (d)
    Type of contribution
    7
     
     

    TIM AND ELLIE BRUBAKER    
    39 L ARBRE CROCHE
       
    HARBOR SPRINGS, MI   49740

    		$8,600




    (Complete Part II if there is
    a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Aggregate contributions    		 (d)
    Type of contribution
    8
     
     

    JOHN DOWNS    
    PO BOX 149
       
    WEBB, AL   36376

    		$10,000




    (Complete Part II if there is
    a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Aggregate contributions    		 (d)
    Type of contribution
    9
     
     

    J BEN WATKINS    
    PO DRAWER H
       
    CARRABELLE, FL   32322

    		$5,000




    (Complete Part II if there is
    a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Aggregate contributions    		 (d)
    Type of contribution
    10
     
     

    MARY K TAUNTON    
    461 HARRISON AVENUE
       
    PANAMA CITY, FL   32401

    		$19,621




    (Complete Part II if there is
    a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Aggregate contributions    		 (d)
    Type of contribution
    11
     
     

    DIANA J TAUNTON    
    461 HARRISON AVENUE
       
    PANAMA CITY, FL   32401

    		$19,620




    (Complete Part II if there is
    a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Aggregate contributions    		 (d)
    Type of contribution
     
     
     

         
     
       

    		$  




    (Complete Part II if there is
    a noncash contribution.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2010)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2010)
    Page 1 of 1 of Part II
    Name of organization
    TAUNTON FAMILY CHILDRENS HOME
          		Employer identification number

    59-2335556
    Part II
    Noncash Property (see Instructions)
    		     
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
    10
    		 RESTAURANT SANDWICH SHOP EQUIPMENT   $19,621 2010-08-01
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
    11
    		 RESTAURANT SANDWICH SHOP EQUIPMENT   $19,620 2010-08-01
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2010)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2010)
    Page 1 of 1 of Part III
    Name of organization
    TAUNTON FAMILY CHILDRENS HOME
          		Employer identification number

    59-2335556
    Part III
    Exclusively religious, charitable, etc., individual contributions to section 501(c)(7), (8), or (10) organizations
    aggregating more than $1,000 for the year. (Complete columns (a) through (e) and the following line entry.)
    For organizations completing Part III, enter the total of exclusively religious, charitable, etc.,
    contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet $  
    (a) No.
    from
    Part I    		 (b)
    Purpose of gift    		 (c)
    Use of gift    		 (d)
    Description of how gift is held
     
    (e)
    Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    (a) No.
    from
    Part I    		 (b)
    Purpose of gift    		 (c)
    Use of gift    		 (d)
    Description of how gift is held
     
    (e)
    Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    (a) No.
    from
    Part I    		 (b)
    Purpose of gift    		 (c)
    Use of gift    		 (d)
    Description of how gift is held
     
    (e)
    Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    (a) No.
    from
    Part I    		 (b)
    Purpose of gift    		 (c)
    Use of gift    		 (d)
    Description of how gift is held
     
    (e)
    Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2010)

    Additional Data


    Software ID:  
    Software Version:  

    TY 2010 AccountingFeesSchedule
    Name:
    TAUNTON FAMILY CHILDRENS HOME
    EIN: 59-2335556
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING PROFESSIONAL FEES 70 0 0 70

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2010 DepreciationSchedule
    Name:
    TAUNTON FAMILY CHILDRENS HOME
    EIN: 59-2335556
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    SEARS REFRIGERATOR 1987-06-01 1,403 1,403 200DB 7        
    FACILITY 1987-06-01 300,000 217,639 SL 31.5        
    LAND 1987-06-01 49,602   L          
    PAVING 1988-06-01 7,600 7,600 SL 10        
    TENNIS COURT 1988-06-01 24,133 24,133 SL 10        
    CARPET 1990-06-01 5,700 5,700 200DB 7        
    HOUSE 1990-10-01 56,000 34,152 SL 31.5        
    LAND 1990-10-01 104,000   L          
    IMPROVEMENTS 1991-06-01 7,741 7,741 SL 10        
    MISC 1987-06-01 47,914 47,914 200DB 7        
    IMPROVEMENTS 1994-12-31 1,250 582 SL 27.5        
    D REMODELING 1995-06-01 9,564 9,485 SL 10        
    29ERS REPAIRS 1995-06-01 16,595 16,456 SL 10        
    VAN 1995-01-01 22,155 22,155 200DB 5        
    MISC EQUIP 1996-07-01 8,720 8,720 200DB 7        
    LAND 1997-07-01 1,000   L          
    D AIR CONDITIONER 1997-07-04 1,000 1,000 200DB 7        
    94 MERCURY CAR 1997-01-01 15,500 15,500 200DB 5        
    LAWN MOWER 1998-01-15 2,055 2,055 200DB 7        
    FORD WINSTAR VAN 1998-07-01 22,248 22,248 200DB 5        
    REPAIRS 1998-07-01 1,200 504 SL 27.5        
    COMPUTER 1998-07-01 2,905 2,905 200DB 5        
    FREEZER AND LAWN MOWER 1999-05-31 2,091 2,091 200DB 7        
    HOUSE NO 3 1999-07-01 69,780 26,534 SL 27.5        
    HOUSE NO 3 AIR CONDITIONE 1999-04-01 7,346 7,346 200DB 7        
    FIXTURES HOUSE NO 3 1999-05-01 2,312 2,312 200DB 7        
    FURNITURE HOUSE NO 3 1999-06-01 6,801 6,801 200DB 7        
    CABINETS HOUSE NO 3 1999-06-01 7,525 7,525 200DB 7        
    APPLIANCES HOUSE NO 3 1999-04-27 2,744 2,744 200DB 7        
    HOUSE WELL SEPTIC TA 1999-03-15 5,196 3,709 150DB 15        
    PORCH PROJECT 2000-05-03 8,583 3,003 SL 27.5        
    SHOP 2000-07-01 17,169 11,339 150DB 15        
    MISC FURNITURE 2000-07-01 2,917 2,917 200DB 7        
    LAWN MOWER 2000-11-06 3,903 3,903 200DB 7        
    HOUSE NO 2 REMODELING 2001-05-15 23,875 7,487 SL 27.5        
    WEED EATER 2001-06-15 274 274 200DB 7        
    1999 JEEP CHEROKEE 2002-05-01 13,081 13,081 200DB 5        
    HOUSE FURNITURE 2002-12-21 2,066 1,446 200DB 5        
    VISITOR CABIN 2002-07-01 73,253 19,869 SL 27.5        
    VAN 2003-11-04 27,391 27,391 200DB 5        
    LAWN MOWER 2003-03-10 336 315 200DB 7        
    COMPUTER 2003-09-01 2,362 2,362 200DB 5        
    PAVING 2003-05-01 3,500 1,777 150DB 15        
    VARIOUS EQUIPMENT 2004-06-01 4,790 4,148 200DB 7        
    MOWER 2004-04-01 5,315 4,603 200DB 7        
    98 MAZDA 2004-07-01 1,735 1,695 200DB 5        
    MOWER 2004-03-29 479 415 200DB 7        
    VACUUM POOL 2004-04-02 994 861 200DB 7        
    CARPET BOYS HOUSE 2004-03-22 3,150 2,728 200DB 7        
    TREE HOUSE 2004-04-01 23,904 10,661 150DB 15        
    IMPROVEMENTS 1991-06-01 29,788 29,788 SL 10        
    TENNIS COURT REFURBISHING 2005-06-30 33,191 12,759 150DB 15        
    FURNITURE 2005-03-06 5,579 4,533 200DB 7        
    PLAYGROUND 2005-04-26 2,460 945 150DB 15        
    HOMER HOUSE 2005-12-31 191,431 27,844 SL 27.5        
    CC 06 CHRYSLER 2006-05-16 28,443 18,883 MACRS 5        
    CC 04 MITSBISHI 2006-02-28 8,623 7,796 MACRS 5        
    GRANNY HOUSE RESTORATION 2006-08-24 9,690 1,188 SL 27.5        
    HOMER HOUSE 2006-09-19 32,986 3,947 SL 27.5        
    CARPET BOYS HOUSE 2006-11-15 6,192 5,287 200DB 7        
    AMP THEATER 2008-12-31 2,500 363 150DB 15        
    AMP THEATER 2008-12-31 31,290 4,538 150DB 15        
    MINITURE GOLF COURSE 2007-05-31 88,659 21,279 150DB 15        
    MINITURE GOLF COURSE 2008-06-30 175,813 25,493 150DB 15        
    AMP THEATER 2008-01-08 69,559 10,086 150DB 15        
    D REBUILD HOUSE NO 1 2008-09-30 3,296 120 SL 27.5        
    FIRE ALARM SYS ALL HOMES 2009-04-01 12,350 2,470 MACRS 5        
    REBUILD OF HOUSE NUMBER 1 2009-01-15 354,477 12,354 MACRS 27.5        
    TENNIS COURT REFURBISHMEN 2009-06-01 6,000 300 SL 10        
    MINITURE GOLF COURSE 2009-06-01 18,492 925 MACRS 15        
    2004 FORD TRUCK 2009-07-01 12,860 2,572 MACRS 5        
    AMP THEATER IMPROVEMENTS 2010-01-02 7,147   MACRS 15        

    TY 2010 InvestmentsCorpStockSchedule
    Name:
    TAUNTON FAMILY CHILDRENS HOME
    EIN: 59-2335556
    Name of Stock End of Year Book Value End of Year Fair Market Value
    EQUITY INVESTMENTS    

    TY 2010 LandEtcSchedule2
    Name:
    TAUNTON FAMILY CHILDRENS HOME
    EIN: 59-2335556
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    TENNIS COURT REFURBISHMENT 6,000   6,000  
    MINATURE GOLF COURSE 18,492   18,492  
    LAND 49,602   49,602  
    PAVING 7,600   7,600  
    TENNIS COURT 24,133   24,133  
    2004 FORD TRUCK 12,860   12,860  
    HOUSE 56,000   56,000  
    LAND 104,000   104,000  
    MISC 47,914   47,914  
    IMPROVEMENTS 1,250   1,250  
    D REMODELING 9,564   9,564  
    29 ERS REPAIRS 16,595   16,595  
    VAN 22,155   22,155  
    MISC EQUIPMENT 8,720   8,720  
    LAND 1,000   1,000  
    D AIR CONDITIONER 1,000   1,000  
    94 MERCURY CAR 15,500   15,500  
    LAWN MOWER 2,055   2,055  
    FORD WINSTAR VAN 22,248   22,248  
    REPAIRS 1,200   1,200  
    COMPUTER 2,905   2,905  
    FREEZER AND LAWN MOWER 2,091   2,091  
    HOUSE NUMBER 3 69,780   69,780  
    AIR CONDITIONER HOUSE NUMBER 3 7,346   7,346  
    FIXTURES HOUSE NUMBER 3 2,312   2,312  
    FURNITURE HOUSE NUMBER 3 6,801   6,801  
    CABINETS HOUSE NUMBER 3 7,525   7,525  
    APPLIANCES HOUSE NUMBER 3 2,744   2,744  
    WELL SEPTIC TANK HOUSE NUMBER 3 5,196   5,196  
    PORCH PROJECT 8,583   8,583  
    SHOP 17,169   17,169  
    MISC FURNITURE 2,917   2,917  
    LAWN MOWER 3,903   3,903  
    HOUSE NUMBER 2 REMODELING 23,875   23,875  
    WEED EATER 274   274  
    1999 JEEP CHEROKEE 13,081   13,081  
    HOUSE FURNITURE 2,066   2,066  
    VISITOR CABIN 73,253   73,253  
    VAN 27,391   27,391  
    LAWN MOWER 336   336  
    COMPUTER 2,362   2,362  
    PAVING 3,500   3,500  
    VARIOUS EQUIPMENT 4,790   4,790  
    MOWER 5,315   5,315  
    98 MAZDA 1,735   1,735  
    MOWER 479   479  
    VACUUM FOR POOL 994   994  
    CARPET BOYS HOUSE 3,150   3,150  
    TREE HOUSE CABIN 23,904   23,904  
    IMPROVEMENTS 29,788   29,788  
    TENNIS COURT REFURBISHMENT 33,191   33,191  
    FURNITURE 5,579   5,579  
    PLAYGROUND 2,460   2,460  
    HOMER HOUSE 191,431   191,431  
    CC 06 CHRYSLER 28,443   28,443  
    CC 04 MITSBISHI 8,623   8,623  
    GRANNY HOUSE RESTORATION 9,690   9,690  
    HOMER HOUSE 32,986   32,986  
    CARPET BOYS HOUSE 6,192   6,192  
    AMP THEATER 2,500   2,500  
    AMP THEATER 31,290   31,290  
    MINITURE GOLF COURSE 88,659   88,659  
    MINITURE GOLF COURSE 175,813   175,813  
    AMP THEATER 69,559   69,559  
    D REBUILD HOUSE NUMBER1 3,296   3,296  
    NEW FIRE ALARM SYSTEMS ALL HOUSE 12,350   12,350  
    REBUILD OF HOUSE NUMBER 1 357,772   357,772  
    AMP THEATER IMPROVEMENTS 2010 7,147   7,147  
    SMALL EQUIPMENT 2010 4,790   4,790  
    RAINBOW VACUUM 2010 1,000   1,000  
    OTHER SMALL EQUIPMENT 2010 5,825   5,825  
    REMODELING HOUSE 3 2010 12,541   12,541  
    REBUILD HOUSE 1 2010 104,325   104,325  
    GRANNY HOUSE RESTORATION 2010 636   636  
    HOMER HOUSE 2010 125   125  
    CL VENTURA XP 66 GELATO DISPLAY CAS 15,288   15,288  
    SINGLE DOOR REFRIGERATOR 30 INCH 500   500  
    TRUTUC48 UNDERCOUNTER REFRIGERATOR 1,729   1,729  
    COMM REFRIGERATOR DOUBLE DOOR 60 IN 1,500   1,500  
    TRUTUC27 UNDERCOUNTER REFRIGERATOR 1,149   1,149  
    TRUTUC27 UNDERCOUNTER REFRIGERATOR 1,049   1,049  
    KENMORE FREEZER 21 CUFT 896   896  
    EYE WASH AND HAND WASH SINK 100   100  
    FABRICATED SINK ADV FC 11818X 559   559  
    COFFE MANAGER POINT OF SALE SYSTEM 2,894   2,894  
    BLEDSHOE CONVECTION OVEN 2,729   2,729  
    COMMERCIAL PANINI MACHINE 2,000   2,000  
    SUN 8 CITRUS SUNKIST JUICER 599   599  
    DRINK BOX COOLER 500   500  
    HOBEDGE1 SLICER WITH 12 IN BLADE 1,649   1,649  
    ICE CREAM FREEZER BOX 500   500  
    STAINLESS STEELE TRIPLE SINK 800   800  
    5 EACH CHURCH BENCHES 2,000   2,000  
    2 EACH COMMERCIAL BLENDERS 1,800   1,800  


    TY 2010 OtherDecreasesSchedule
    Name:
    TAUNTON FAMILY CHILDRENS HOME
    EIN: 59-2335556
    Description Amount
    PLEASE SEE DEPRECIATION SCHEDULE 482,329


    TY 2010 OtherExpensesSchedule
    Name:
    TAUNTON FAMILY CHILDRENS HOME
    EIN: 59-2335556
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LICENSES AND PERMITS 725 0 0 725
    FUND RAISING EXPENSES 1,575 0 0 1,575
    POSTAGE AND DELIVERY 204 0 0 204
    MISC PRINTING AND MAIL EXPENSE 0 0 0 0
    AUTO MED LIAB INS FOR CHILDRN 8,115 0 0 8,115
    ANIMAL AND FEED EXPENSES 567 0 0 567
    AUTO GAS AND RELATED EXPENSES 7,513 0 0 7,513
    BANK SERVICE AND ATM FEES 960 0 0 960
    DUES AND SUBSCRIPTIONS 200 0 0 200
    REPAIRS AUTO EQUIP BUILDINGS 5,301 0 0 5,301
    TELEPHONE CHARGES AND EXPENSE 8,361 0 0 8,361
    COMPUTER SUPPLIES CHILDREN SCH 4,918 0 0 4,918
    MAINTENANCE ON YARDS AND POOL 811 0 0 811
    GARBAGE PICKUP 2,716 0 0 2,716
    GAS AND ELECTRIC UTILITIES 22,512 0 0 22,512
    PEST CONTROL 510 0 0 510
    OFFICE SUPPLIES 742 0 0 742
    GROCERIES FOR CHILDREN 23,906 0 0 23,906
    HOUSEHOLD SUPPLIES 4,127 0 0 4,127
    CABLE TELEVISION EXPENSES 3,009 0 0 3,009
    MED AND DENTAL EXP FOR CHILDRN 2,040 0 0 2,040
    GIFTS TO CHILDREN 4,403 0 0 4,403
    CHILDRENS DIRECT MISC EXPENSES 6,277 0 0 6,277
    SCHOOL PICTURES EXPENSES 398 0 0 398
    CLOTHING FOR CHILDREN 3,720 0 0 3,720
    CHILDRENS SUMMER PROGRAM EXPEN 2,315 0 0 2,315
    PIT OPERATION REPAIRS 10,061 0 0 10,061


    TY 2010 OtherIncomeSchedule2
    Name:
    TAUNTON FAMILY CHILDRENS HOME
    EIN: 59-2335556
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    REIMBURSED EXPENSES 40 0 40
    CHILD SUPPORT SOCIAL SECURITY 5,767 0 5,767
    FUND RAISER FOR CHILDREN 2,160 0 2,160
    OTHER INCOME MISC 1,480 0 1,480
    ROYALTIES FROM SAND PIT 1,460 0 1,460
    INCOME FROM FILL DIRT 7,368 0 7,368
    OTHER INCOME 5,200 0 5,200


    TY 2010 SubstantialContributorsSch
    Name:
    TAUNTON FAMILY CHILDRENS HOME
    EIN: 59-2335556
    Name Address
    TIM AND ELLIE BRUBAKER 39 L ARBRE CROCHE
    HARBOR SPRINGS,MI49740
    FRANCES BURDINE PO BOX 3053
    PANAMA CITY,FL32401
    JOHN DOWNS PO BOX 149
    WEBB,AL36376
    JOHN DRUMMUND SR 170 DRUMMOND PLACE
    JASPER,AL35504
    IRA LINDSEY LODGE 2604 W 20TH STREET
    PANAMA CITY,FL32405
    M G NELSON BOX 2531
    PANAMA CITY,FL32402
    DAVID AND ABIGAIL TAUGHTON PO BOX 870
    WEWAHITCHKA,FL32465
    J BEN WATKINS PO DRAWER H
    CARRABELLE,FL32322
    JOYCE B WILLIAMS 2933 W 30TH COURT
    PANAMA CITY,FL32405


    TY 2010 TaxesSchedule
    Name:
    TAUNTON FAMILY CHILDRENS HOME
    EIN: 59-2335556
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAXES 644 0 0 644