Form990-PF
Click to see attachment

Department of the Treasury
Internal Revenue Service
Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter Social Security numbers on this form as it may be made public. By law, the IRS cannot redact the information on the form.
bulletInformation about Form 990-PF and its instructions is at www.irs.gov/form990pf.
OMB No. 1545-0052
2013
Open to Public Inspection
For calendar year 2013, or tax year beginning 01-01-2013 , and ending 12-31-2013
Name of foundation
THE TURNER FAMILY FOUNDATION INC
 

Number and street (or P.O. box number if mail is not delivered to street address)1081 Chambers Ct   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Bogart, GA30622
A Employer identification number

58-2145915
B Telephone number (see instructions)

(706) 540-8814
C bullet
G Check all that apply:

D 1. bullet
2. bullet
E bullet
H Check type of organization:
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$15,368,044J Accounting method:
 
(Part I, column (d) must be on cash basis.)
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 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)  
2 Check bullet
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities...... 451,515 451,515 451,515
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 88,294
b Gross sales price for all assets on line 6a 2,868,008
7 Capital gain net income (from Part IV, line 2)... 88,294
8 Net short-term capital gain.........  
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).......      
12 Total. Add lines 1 through 11........ 539,809 539,809 451,515
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 3,817 3,817    
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions) Click to see attachment 2,557 2,557    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see list of attachments 53,238 53,238    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 59,612 59,612   0
25 Contributions, gifts, grants paid........ 682,000 682,000
26 Total expenses and disbursements. Add lines 24 and 25 741,612 59,612   682,000
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -201,803
b Net investment income (if negative, enter -0-) 480,197
c Adjusted net income (if negative, enter -0-)... 451,515
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2013)
Form 990-PF (2013)
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............... 5,257 1,182 1,182
2 Savings and temporary cash investments.......... 268,042 175,716 175,716
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 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) 2,196,644 Click to see attachment2,042,589 1,999,510
b Investments—corporate stock (attach schedule)........ 2,933,630 Click to see attachment3,074,679 4,338,236
c Investments—corporate bonds (attach schedule)........ 1,108,823 Click to see attachment1,360,713 1,352,933
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 7,011,212 Click to see attachment6,666,922 7,500,467
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 13,523,608 13,321,801 15,368,044
Liabilities 17 Accounts payable and accrued expenses..........    
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) Click to see attachment4  
23 Total liabilities (add lines 17 through 22).......... 4 0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................... 13,523,604 13,321,801
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).................... 13,523,604 13,321,801
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 13,523,608 13,321,801
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 13,523,604
2 Enter amount from Part I, line 27a..................... 2 -201,803
3 Other increases not included in line 2 (itemize) bullet 3  
4 Add lines 1, 2, and 3.......................... 4 13,321,801
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 13,321,801
Form 990-PF (2013)
Form 990-PF (2013)
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 Capital Gain Dividends      
b        
c
d
e
(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        
b       48,209
c
d
e
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        
b        
c
d
e
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 88,294
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 instructions). If (loss), enter -0-
in Part I, line 8 . . . . . . . . . . . . . . . . 		Bracket 3 -2,249
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))
2012 681,100 13,816,189 0.04930
2011 544,400 13,692,632 0.03976
2010 389,500 11,082,694 0.03515
2009 276,000 7,881,745 0.03502
2008 190,000 5,735,595 0.03313
2 Total of line 1, column (d) ...................... 2 0.19235
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 0.03847
4 Enter the net value of noncharitable-use assets for 2013 from Part X, line 5..... 4 14,132,682
5 Multiply line 4 by line 3....................... 5 543,670
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 4,802
7 Add lines 5 and 6......................... 7 548,472
8 Enter qualifying distributions from Part XII, line 4.............. 8 682,000
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.
Form 990-PF (2013)
Form 990-PF (2013)
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 4,802
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  
3 Add lines 1 and 2............................ 3 4,802
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-). 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 4,802
6 Credits/Payments:
a 2013 estimated tax payments and 2012 overpayment credited to 2013 6a 8,798
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 8,798
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. Click to see attachment 8 60
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 3,936
11 Enter the amount of line 10 to be: Credited to 2014 estimated taxBullet3,936 RefundedBullet 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
 
No
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 instructions)
    bulletGA
    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 2013 or the taxable year beginning in 2013 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names and addresses.
    10
     
    No
    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 instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletJames C Turner Telephone no.bullet (706) 540-8814
    Located atbullet1081 Chambers CtWatkinsvilleGA ZIP+4bullet30677
    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 2013, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country?
    16   No
    See 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 (2013)
    Form 990-PF (2013)
    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
     
    No
    .........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 2013?.............
    1c
     
    No
    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 2013, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2013?...............
    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 instructions.) ..............
    2b
     
    No
    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 2013 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 2013.)....................
    3b
     
    No
    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 2013?
    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 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 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
     
    No
    Form 990-PF (2013)
    Form 990-PF (2013)
    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 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
    Barbara A Turner Vice President
    5.00     		0    
    384 Westview Dr
    Athens,GA30606
    Elbert N Whitmire III Secretary
    1.00     		0    
    2500 Daniells Brd Rd Bldg 200
    ATHENS,GA30603
    James C Turner President
    5.00     		0    
    384 Westview Dr
    ATHENS,GA30606
    James A Hickey Treasurer
    1.00     		0    
    149 Whisperwood Ln
    Athens,GA30605
    Paul Bowles III Trustee
    1.00     		0    
    1080 Laurel Springs Ct
    Bogart,GA30622
    2 Compensation of five highest-paid employees (other than those included on line 1—see 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 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
     
    2  
    3  
    4  
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 7
    Part IX-B
    Summary of Program-Related Investments (see 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 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
     
    b
    Average of monthly cash balances.......................
    1b
     
    c
    Fair market value of all other assets (see instructions)................
    1c
     
    d
    Total (add lines 1a, b, and c).........................
    1d
     
    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
     
    3
    Subtract line 2 from line 1d.........................
    3
     
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
     
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
     
    6
    Minimum investment return. Enter 5% of line 5..................
    6
     
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    706,634
    2a
    Tax on investment income for 2013 from Part VI, line 5......
    2a
    4,802
    b
    Income tax for 2013. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    4,802
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    701,832
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    701,832
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,
    line 1................................
    7
    701,832
    Part XII
    Qualifying Distributions (see 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
     
    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
     
    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 instructions).................
    5
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
     
    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 (2013)
    Form 990-PF (2013)
    Page 8
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2012     		(c)
    2012     		(d)
    2013
    1 Distributable amount for 2013 from Part XI, line 7 701,832
    2 Undistributed income, if any, as of the end of 2013:
    a Enter amount for 2012 only....... 676,456
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2013:
    a From 2008.......  
    b From 2009.......  
    c From 2010.......  
    d From 2011.......  
    e From 2012.......  
    fTotal of lines 3a through e.........  
    4Qualifying distributions for 2013 from Part
    XII, line 4: bullet$ 682,000
    a Applied to 2012, but not more than line 2a 676,456
    b Applied to undistributed income of prior years
    (Election required—see instructions)......     		 
    c Treated as distributions out of corpus (Election
    required—see instructions).........     		0
    d Applied to 2013 distributable amount..... 5,544
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2013.    
    (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  
    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 instructions ...........     		 
    e Undistributed income for 2012. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2013. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2014 ..........     		696,288
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (see
    instructions) .............     		 
    8Excess distributions carryover from 2008 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2014.
    Subtract lines 7 and 8 from line 6a ......     		 
    10 Analysis of line 9:
    a Excess from 2009....  
    b Excess from 2010....  
    c Excess from 2011....  
    d Excess from 2012....  
    e Excess from 2013....  
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 9
    Part XIV
    Private Operating Foundations (see 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 2013, enter the date of the ruling.......bullet
     
    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) 2013 (b) 2012 (c) 2011 (d) 2010
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    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 ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (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...     		         
    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 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 (2013)
    Form 990-PF (2013)
    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
    Athens YMCA
    915 HAWTHORNE AVE
    Athens,GA30606     		None N/A New lockers for youth room. 27,500
    Boys Girls Clubs of Athens
    POBOX 546
    Athens,GA30603     		None N/A Education of Youth, Expansion of Facility, Sports Equipment 30,000
    YWCO
    562 RESEARCH DRIVE
    Athens,GA30605     		None N/A Girls Club Program Support, Pool Operating Expenses and Aerobic Room Floor Refinishing. 25,000
    University of Georgia Foundati
    UGA FOUNDATION BLDG
    Athens,GA30602     		None N/A Statewide Arts Education; Interactive Children's Classroom 110,000
    Boy Scouts of Northeast Georgi
    POBOX 6049
    Athens,GA30604     		None N/A Handbooks, Uniforms and camp scholarships for low-income boys. 17,500
    Girl Scouts of Historic Georgia
    POBOX 5367
    Athens,GA30604     		None N/A Girls' Education and software development to increase productivity. 16,500
    THE SALVATION ARMY
    393 N FINLEY ST
    Athens,GA30601     		None N/A Office renovation 70,000
    Allbreed Canine Rescue
    PO Box 7064
    Athens,GA30604     		None N/A Animal Rescue, veterinary care, food and spay/neuter program. 5,000
    HOPE HAVEN SCHOOL
    795 NEWTON BRIDGE RD
    Athens,GA30607     		None N/A Education of disabled for placement in the workforce. 5,000
    EAGLE RANCH INC
    POBOX 7200
    Chesnut Mountain,GA30502     		None N/A Education and rehabilitation of at-risk youth. 47,000
    Camp Kudzu Inc
    4279 Roswell Rd Ste 102
    Atlanta,GA30342     		None N/A Medical Education of Youth with Diabetes 10,000
    Freedom from Bondage Inc
    PO Box 80744
    Athens,GA30608     		None N/A Women's Recovery Residence 35,000
    Rose of Athens Theatre
    PO Box 626
    Athens,GA30603     		None N/A Arts Educational Outreach 10,000
    Athens Community Council on Aging
    135 Hoyt St
    Athens,GA30601     		None N/A Grandparents Raising Grandchildren Program 5,000
    Community Connection
    1695 Old West Broad
    Athens,GA30606     		None N/A Anger and conflict management workshops and transitional housing for homeless. 20,000
    Palm House Recovery Centers Inc
    1695 Old West Broad
    Athens,GA30601     		None N/A Housing and vocational training for recovering low income addicts. 30,000
    Athens Area Arts Council
    PO Box 122
    Athens,GA30603     		None N/A Youth Art Education and Community Art Outreach 5,000
    Prevent Child Abuse Athens
    1551 Jennings Mill Road Suite 700A
    Bogart,GA30622     		None N/A Funding of the First Steps Program to provide education and emotional support to new parents. 15,000
    Children First
    693 North Pope St
    Athens,GA30601     		None N/A Child welfare. 15,000
    Extra Special People
    189 VFW Drive
    Watkinsville,GA30677     		None N/A Education of children with developmental disabilties. 75,000
    Learning Ally Inc
    120 Florida Avenue
    Athens,GA30605     		None   Funding for recording for blind and dyslexic. 5,000
    Athens Land Trust
    685 N Pope St
    Athens,GA30601     		None   Funding for afterschool agriculture/entrepreneurial program for high school youth. 15,000
    Books for Keeps Inc
    PO Box 49761
    Athens,GA30604     		None   Providing funds for non-fiction sports books to be provided to low-income students in Clarke County schools. 15,000
    National Football Foundation
    433 E Las Colinas Blvd Suite 1130
    Irving,TX75039     		None   Provide support for the Play-It-Smart program to benefit at-risk academic student-athletes. 3,500
    The Tree House Inc
    173 Highland Dr
    Winder,GA30680     		None   Child abuse prevention. 5,000
    Athens-Clarke County Library Endowm
    2025 Baxter St
    Athens,GA30606     		None   Provide ongoing support for library operations. 20,000
    Athens Justice Project
    269 N Jackson st
    Athens,GA30603     		None   Provide funds to support legal representation for underprivledged citizens. 25,000
    The Cancer Foundation of Northeast
    POBox 49309
    Athens,GA30604     		None   Provide emergency financial assistance to cancer patients. 10,000
    Casa de Amistad
    1685 Commerce Rd Suite 1
    Athens,GA30601     		None   Provide educational opportunities and advocacy for the hispanic community. 5,000
    Foundation of Wesley Woods
    1817 Clifton Road NE
    Atlanta,GA30329     		None   Provide assistance to elderly with retirement living needs. 5,000
    Total .................................bullet 3a 682,000
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2013)
    Form 990-PF (2013)
    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 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....          
    3
    Interest on savings and temporary cash investments ............     		         
    4 Dividends and interest from securities....     14 451,515  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6
    Net rental income or (loss) from personal property .............     		         
    7 Other investment income.....          
    8
    Gain or (loss) from sales of assets other than inventory .............     		      48,209 40,085
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   499,724 40,085
    13Total. Add line 12, columns (b), (d), and (e)..................
    13539,809
    (See worksheet in line 13 instructions 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 foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2013)
    Form 990-PF (2013)
    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 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political
    Yes
    No
    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
    Sign Here
    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
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's namebullet



    Firm's addressbullet







         		Firm's EINbullet
    Phone no.
    Form 990-PF (2013)
    Additional Data


    Software ID: 13000170
    Software Version: 2013v3.1


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2013 AccountingFeesSchedule
    Name:
    THE TURNER FAMILY FOUNDATION INC
    EIN: 58-2145915
    Software ID:13000170
    Software Version:2013v3.1
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Fortson, Bentley and Griffin 3,817 3,817 0 0

    TY 2013 InvestmentsCorpBondsSchedule
    Name:
    THE TURNER FAMILY FOUNDATION INC
    EIN: 58-2145915
    Software ID:13000170
    Software Version:2013v3.1
    Name of Bond End of Year Book Value End of Year Fair Market Value
    Anheuser-Busch Inbev 52,050 51,964
    Apple Inc 35,039 33,843
    American International Group 42,240 42,244
    Bristol-Myers Squibb 34,747 34,114
    Berkshire Hathaway 52,050 51,414
    HCP Inc 44,820 42,894
    HCP Inc 18,396 18,111
    Citigroup Inc 33,806 35,109
    Citigroup Inc 25,974 25,534
    Costco Wholesale Corp 38,136 36,603
    Comcast Corp 29,735 27,040
    Comcast Corp 1,091 1,001
    Directv Holdings 33,578 33,590
    Enterprise Products Partners 41,119 41,272
    Goldman Sachs Group 50,365 54,742
    Goldman Sachs Group 34,293 33,254
    JP Morgan Chase 47,884 48,096
    JP Morgan Chase 2,125 2,138
    JP Morgan Chase & Co 29,441 34,075
    Kinder Morgan Energy 34,840 34,106
    Morgan Stanley 42,200 41,638
    Metlife Inc 30,102 29,720
    Metlife Inc 1,060 1,061
    Verizon Communications 33,092 31,689
    Verizon Communications 10,673 9,507
    Verizon Communications 26,979 26,408
    Walmart Stores, Inc. 45,086 44,935
    Wells Fargo & Company 50,075 52,364
    Wells Fargo & Company 50,895 51,421
    Watson Pharmaceuticals 52,641 51,458
    USD Rabobank 33,841 34,745
    General Electric Cap 51,963 52,130
    General Electric 14,997 15,038
    Toyota Motor Credit Corp 51,245 50,015
    American Express Credit 33,885 33,436
    Royal Bank of Canada 50,096 50,414
    Prudential Financial Inc 29,912 28,894
    Prudential Financial Inc 1,057 1,032
    GS MTG Sec UU 69,185 65,884

    TY 2013 InvestmentsCorpStockSchedule
    Name:
    THE TURNER FAMILY FOUNDATION INC
    EIN: 58-2145915
    Software ID:13000170
    Software Version:2013v3.1
    Name of Stock End of Year Book Value End of Year Fair Market Value
    Abbott Labs 13,501 20,737
    Abbvie Inc 14,739 28,570
    Ace Limited 21,894 35,304
    American Express 25,197 46,091
    American Tower REIT 14,617 14,767
    At&t Inc. 40,433 49,646
    BHP Billiton LTD 73,455 62,880
    Bristol Myers Squibb 55,866 104,706
    Chevron Corp 76,485 106,049
    Chubb Corp 39,852 65,322
    Citigroup Inc 44,374 48,202
    Coca Cola Com 38,180 51,555
    Comcast Corporation 55,297 90,283
    Conoco Phillips 28,114 40,482
    Deere Co 54,150 69,319
    Diageo PLC Sponsored ADR 49,659 86,868
    Dominion Resources 50,098 72,000
    Dow Chemical Co 22,474 29,304
    Du Pont E I De Nemours 63,890 92,907
    Duke Energy Corp 28,270 28,225
    Enbridge Inc 33,747 51,542
    Exxon Mobil Corp 83,571 116,279
    Fifth Third Bancorp 35,072 47,212
    General Electric 99,099 135,665
    General Mills 24,160 32,242
    Home Depot Inc 34,679 75,012
    Honeywell International 32,741 49,523
    Intel Corp 30,875 35,766
    International Business Machines 52,857 65,274
    International Paper Company 30,477 30,987
    Johnson and Johnson 41,084 61,365
    Johnson Controls Inc. 24,540 32,627
    JPMorgan Chase & Co 102,533 145,264
    Kimberly Clark 28,038 43,664
    Kinder Morgan Inc. Del 28,575 27,540
    Lorillard Inc. 33,113 53,721
    Marathon Oil Corp 21,439 31,911
    Marathon Petreoleum Corp 14,607 41,370
    McDonalds Corp 63,775 78,303
    Meadwestvaco Corp 26,503 39,294
    Merck & Co 56,862 73,774
    Metlife Inc 20,455 22,646
    Microsoft Corp 33,005 46,688
    Mondelez International 39,265 44,019
    Motorola Solutions 30,864 34,425
    Newmont Mining Corp 28,532 14,624
    Nextera Energy Inc 42,910 67,126
    Northeast Utilities Com 23,908 32,428
    Northop Grumman Corp 29,066 53,867
    Occidental Pete Corp 55,997 60,008
    Pfizer Corp 47,327 70,663
    Philip Morris International 59,262 85,387
    Phillips 66 9,041 22,213
    Praxair Inc 38,417 52,922
    Procter & Gamble 53,624 68,873
    Prudential Financial 56,466 83,828
    Pub Svs Enterprise 24,624 24,639
    Raytheon Co Delaware 53,876 92,605
    Sclumberger LTD 33,319 41,451
    Sempra Energy 20,242 34,917
    SunTrust Banks Inc. 44,001 56,319
    Toronto Dominion Bank 35,388 41,089
    Toronto SA Sponsored ADR 48,972 57,716
    Travelers Cos Inc 61,696 102,763
    Unilever NV 38,307 49,604
    United Parcel Service 39,691 48,652
    United Techs Corp 67,250 98,892
    US Bancorp 39,712 60,923
    VF Corporation 30,979 76,304
    Verizon Communications 71,168 104,865
    Walmart Stores Inc. 33,718 47,529
    Wells Fargo 79,012 118,131
    Weyerhaeuser 39,519 52,785
    3M Company 36,174 57,783

    TY 2013 InvestmentsGovtObligationsSch
    Name:
    THE TURNER FAMILY FOUNDATION INC
    EIN: 58-2145915
    Software ID:13000170
    Software Version:2013v3.1
    US Government Securities - End of Year Book Value:

    2,042,589
    US Government Securities - End of Year Fair Market Value:

    1,999,510
    State & Local Government Securities - End of Year Book Value:


     
    State & Local Government Securities - End of Year Fair Market Value:


     


    TY 2013 InvestmentsOtherSchedule2
    Name:
    THE TURNER FAMILY FOUNDATION INC
    EIN: 58-2145915
    Software ID:13000170
    Software Version:2013v3.1
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    American LTD Term T/E Bond Fun AT COST 152,799 157,516
    American New Economy Fund AT COST 164,189 279,949
    American Mutual Fund AT COST 207,100 292,492
    American Europacific Growth Fund AT COST 148,084 199,516
    American Bond Fund of America AT COST 822,328 817,236
    American Capital Income Builder Fund AT COST 1,652,772 1,762,344
    American Capital World Bd Fund AT COST 159,576 159,931
    American High Income Trust Fund AT COST 1,315,779 1,327,948
    American Tax Exempt Bond Fund of America AT COST 161,564 165,968
    American Growth Fund of America AT COST 158,174 252,935
    American Income Fund of America AT COST 1,568,340 1,847,877
    American New Perspective AT COST 156,217 236,755

    TY 2013 OtherExpensesSchedule
    Name:
    THE TURNER FAMILY FOUNDATION INC
    EIN: 58-2145915
    Software ID:13000170
    Software Version:2013v3.1
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ML Acct No. 706-03850 10 10    
    ML Acct No. 706-03850 Investment Expense 2,830 2,830    
    ML Acct No. 706-03850 Investment Fee 16,221 16,221    
    ML Acct No. 706-03851 Investment Fee 33,877 33,877    
    ML Acct. No. 706-04F25 Account Fee 300 300    


    TY 2013 TaxesSchedule
    Name:
    THE TURNER FAMILY FOUNDATION INC
    EIN: 58-2145915
    Software ID:13000170
    Software Version:2013v3.1
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    2011 Taxes Paid 103 103    
    Foreign Taxes Paid 1,817 1,817    
    Foreign Taxes Paid 637 637