-
TIN:
Form
990-PF
Department of the Treasury
Internal Revenue Service
Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
Do not enter social security numbers on this form as it may be made public.
Go to
www.irs.gov/Form990PF
for instructions and the latest information.
OMB No. 1545-0052
20
19
Open to Public Inspection
For calendar year 2019, or tax year beginning
01-01-2019
, and ending
12-31-2019
Name of foundation
LEO W SEAL JR FAMILY FOUNDATION
Number and street (or P.O. box number if mail is not delivered to street address)
PO BOX 3720
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
BAY ST LOUIS
,
MS
39521
A Employer identification number
72-1373522
B
Telephone number (see instructions)
(228) 493-6340
C
If exemption application is pending, check here
G
Check all that apply:
Initial return
Initial return of a former public charity
Final return
Amended return
Address change
Name change
D 1.
Foreign organizations, check here.............
2
. Foreign organizations meeting the 85%
test, check here and attach computation ...
E
If private foundation status was terminated
under section 507(b)(1)(A), check here .......
H
Check type of organization:
Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust
Other taxable private foundation
F
If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here .......
I
Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)
$
13,758,253
J
Accounting method:
Cash
Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)
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)
1
Contributions, gifts, grants, etc., received (attach schedule)
96,578
2
Check
.............
3
Interest on savings and temporary cash investments
193
193
4
Dividends and interest from securities
...
341,119
341,119
5a
Gross rents
............
b
Net rental income or (loss)
6a
Net gain or (loss) from sale of assets not on line 10
b
Gross sales price for all assets on line 6a
7
Capital gain net income (from Part IV, line 2)
...
0
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
........
437,890
341,312
13
Compensation of officers, directors, trustees, etc.
0
0
0
14
Other employee salaries and wages
......
15
Pension plans, employee benefits
.......
16a
Legal fees (attach schedule)
.........
b
Accounting fees (attach schedule)
.......
950
0
0
c
Other professional fees (attach schedule)
....
17
Interest
...............
18
Taxes (attach schedule) (see instructions)
...
250
0
0
19
Depreciation (attach schedule) and depletion
...
20
Occupancy
..............
21
Travel, conferences, and meetings
.......
22
Printing and publications
..........
23
Other expenses (attach schedule)
.......
7,672
5,850
0
24
Total operating and administrative expenses.
Add lines 13 through 23
..........
8,872
5,850
0
25
Contributions, gifts, grants paid
.......
788,316
788,316
26
Total expenses and disbursements.
Add lines 24 and 25
797,188
5,850
788,316
27
Subtract line 26 from line 12:
a
Excess of revenue over expenses and disbursements
-359,298
b
Net investment income
(if negative, enter -0-)
335,462
c
Adjusted net income
(if negative, enter -0-)
...
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X
Form
990-PF
(2019)
Form 990-PF (2019)
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
1
Cash—non-interest-bearing
.............
235,899
-123,399
-123,399
2
Savings and temporary cash investments
.........
3
Accounts receivable
Less: allowance for doubtful accounts
4
Pledges receivable
Less: allowance for doubtful accounts
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)
Less: allowance for doubtful accounts
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)
.......
c
Investments—corporate bonds (attach schedule)
.......
11
Investments—land, buildings, and equipment: basis
Less: accumulated depreciation (attach schedule)
12
Investments—mortgage loans
.............
13
Investments—other (attach schedule)
..........
2,940,944
2,940,944
13,881,652
14
Land, buildings, and equipment: basis
Less: accumulated depreciation (attach schedule)
15
Other assets (describe
)
16
Total assets
(to be completed by all filers—see the
instructions. Also, see page 1, item I)
3,176,843
2,817,545
13,758,253
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
)
23
Total liabilities
(add lines 17 through 22)
.........
0
0
Foundations that follow FASB ASC 958, check here
and complete lines 24, 25, 29 and 30.
24
Net assets without donor restrictions
...........
25
Net assets with donor restrictions
............
Foundations that do not follow FASB ASC 958, check here
and complete lines 26 through 30.
26
Capital stock, trust principal, or current funds
........
0
0
27
Paid-in or capital surplus, or land, bldg., and equipment fund
0
0
28
Retained earnings, accumulated income, endowment, or other funds
3,176,843
2,817,545
29
Total net assets or fund balances
(see instructions)
.....
3,176,843
2,817,545
30
Total liabilities and net assets/fund balances
(see instructions)
.
3,176,843
2,817,545
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 29 (must agree with end-of-year figure reported on prior year’s return)
...............
1
3,176,843
2
Enter amount from Part I, line 27a
.....................
2
-359,298
3
Other increases not included in line 2 (itemize)
3
0
4
Add lines 1, 2, and 3
..........................
4
2,817,545
5
Decreases not included in line 2 (itemize)
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29
.
6
2,817,545
Form
990-PF
(2019)
Form 990-PF (2019)
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.)
1a
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
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)
If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7
2
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
...................
3
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?
Yes
No
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 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))
2018
776,686
15,171,750
0.051193
2017
501,205
15,442,981
0.032455
2016
505,949
10,400,106
0.048648
2015
576,255
9,896,040
0.058231
2014
490,641
11,680,209
0.042006
2
Total
of line 1, column (d)
.....................
2
0.232533
3
Average distribution ratio for the 5-year base period—divide the total on line 2 by 5.0, or by the number of years the foundation has been in existence if less than 5 years
......
3
0.046507
4
Enter the net value of noncharitable-use assets for 2019 from Part X, line 5
......
4
12,697,855
5
Multiply line 4 by line 3
......................
5
590,539
6
Enter 1% of net investment income (1% of Part I, line 27b)
...........
6
3,355
7
Add lines 5 and 6
........................
7
593,894
8
Enter qualifying distributions from Part XII, line 4
,.............
8
788,316
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
(2019)
Form 990-PF (2019)
Page
4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a
Exempt operating foundations described in section 4940(d)(2), check here
and enter “N/A" on line 1.
Date of ruling or determination letter:
(attach copy of letter if necessary–see instructions)
b
Domestic foundations that meet the section 4940(e) requirements in Part V, check
1
3,355
here
and 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
3,355
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
3,355
6
Credits/Payments:
a
2019 estimated tax payments and 2018 overpayment credited to 2019
6a
3,243
b
Exempt foreign organizations—tax withheld at source
......
6b
c
Tax paid with application for extension of time to file (Form 8868)
...
6c
0
d
Backup withholding erroneously withheld
...........
6d
0
7
Total credits and payments. Add lines 6a through 6d
..............
7
3,243
8
Enter any
penalty
for underpayment of estimated tax.
Check here
if Form 2220 is attached.
8
2
9
Tax due.
If the total of lines 5 and 8 is more than line 7, enter
amount owed
.......
9
114
10
Overpayment.
If line 7 is more than the total of lines 5 and 8, enter the
amount overpaid
...
10
11
Enter the amount of line 10 to be:
Credited to 2020 estimated tax
Refunded
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 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.
$
0
(2)
On foundation managers.
$
0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.
$
0
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 instructions)
MS
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 2019 or the taxable year beginning in 2019? See the 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
Form
990-PF
(2019)
Form 990-PF (2019)
Page
5
Part VII-A
Statements Regarding Activities
(continued)
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 address
N/A
14
The books are in care of
LEO W SEAL III
Telephone no.
(228) 493-6340
Located at
PO BOX 3170
BAY ST LOUIS
MS
ZIP+4
39521
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of
Form 1041
—check here
.........
and enter the amount of tax-exempt interest received or accrued during the year
........
15
16
At any time during calendar year 2019, did the foundation have an interest in or a signature or other authority over
Yes
No
a bank, securities, or other financial account in a foreign country?
.................
16
No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country
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?
Yes
No
(2)
Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person?
......................
Yes
No
(3)
Furnish goods, services, or facilities to (or accept them from) a disqualified person?
Yes
No
(4)
Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
Yes
No
(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)?
...............
Yes
No
(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.)
.......
Yes
No
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 instructions
........
1b
Organizations relying on a current notice regarding disaster assistance check here
........
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 2019?
.............
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 2019, did the foundation have any undistributed income (lines 6d
and 6e, Part XIII) for tax year(s) beginning before 2019?
.............
Yes
No
If "Yes," list the years
20
,
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
c
If the provisions of section 4942(a)(2) are being applied to
any
of the years listed in 2a, list the years here.
20
,
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?
......................
Yes
No
b
If "Yes," did it have excess business holdings in 2019 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 2019.)
..................
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 2019?
4b
No
Form
990-PF
(2019)
Form 990-PF (2019)
Page
6
Part VII-B
Statements Regarding Activities for Which Form 4720 May Be Required
(continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1)
Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
Yes
No
(2)
Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive?
.............
Yes
No
(3)
Provide a grant to an individual for travel, study, or other similar purposes?
Yes
No
(4)
Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions
................
Yes
No
(5)
Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals?
.....
Yes
No
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
Organizations relying on a current notice regarding disaster assistance check here
.........
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?
..........
Yes
No
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?
.....................
Yes
No
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?
Yes
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction?
....
7b
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year?
.................
Yes
No
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
LEO W SEAL III
PRESIDENT
0.00
0
0
0
PO BOX 3720
BAY ST LOUIS
,
MS
39521
WALLACE LEE SEAL
SECRETARY/TREASURER
0.00
0
0
0
408 N BEACH BLVD
BAY ST LOUIS
,
MS
39520
CLAY WAGNER
VICE PRESIDENT
0.00
0
0
0
PO BOX 3720
BAY ST LOUIS
,
MS
39521
JOHN BAXTER
VICE PRESIDENT
0.00
0
0
0
PO BOX 3720
BAY ST LOUIS
,
MS
39521
JANE P SEAL
VICE PRESIDENT
0.00
0
0
0
PO BOX 3720
BAY ST LOUIS
,
MS
39521
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
...................
0
Form
990-PF
(2019)
Form 990-PF (2019)
Page
7
Part VIII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
(continued)
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
.............
0
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
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 instructions.
3
Total.
Add lines 1 through 3
.........................
0
Form
990-PF
(2019)
Form 990-PF (2019)
Page
8
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
12,654,571
b
Average of monthly cash balances
.......................
1b
236,652
c
Fair market value of all other assets (see instructions)
................
1c
0
d
Total
(add lines 1a, b, and c)
.........................
1d
12,891,223
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation)
.............
1e
0
2
Acquisition indebtedness applicable to line 1 assets
..................
2
0
3
Subtract line 2 from line 1d
.........................
3
12,891,223
4
Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
instructions)
.............................
4
193,368
5
Net value of noncharitable-use assets.
Subtract line 4 from line 3. Enter here and on Part V, line 4
5
12,697,855
6
Minimum investment return.
Enter 5% of line 5
..................
6
634,893
Part XI
Distributable Amount
(see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here
and do not complete this part.)
1
Minimum investment return from Part X, line 6
....................
1
634,893
2a
Tax on investment income for 2019 from Part VI, line 5
......
2a
3,355
b
Income tax for 2019. (This does not include the tax from Part VI.)
...
2b
c
Add lines 2a and 2b
............................
2c
3,355
3
Distributable amount before adjustments. Subtract line 2c from line 1
............
3
631,538
4
Recoveries of amounts treated as qualifying distributions
................
4
0
5
Add lines 3 and 4
............................
5
631,538
6
Deduction from distributable amount (see instructions)
.................
6
0
7
Distributable amount
as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1
...
7
631,538
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
788,316
b
Program-related investments—total from Part IX-B
..................
1b
0
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
788,316
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
3,355
6
Adjusted qualifying distributions.
Subtract line 5 from line 4
..............
6
784,961
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
(2019)
Form 990-PF (2019)
Page
9
Part XIII
Undistributed Income
(see instructions)
(a)
Corpus
(b)
Years prior to 2018
(c)
2018
(d)
2019
1
Distributable amount for 2019 from Part XI, line 7
631,538
2
Undistributed income, if any, as of the end of 2019:
a
Enter amount for 2018 only
.......
741,181
b
Total for prior years:
20
,
20
,
20
0
3
Excess distributions carryover, if any, to 2019:
a
From 2014
......
b
From 2015
......
c
From 2016
......
d
From 2017
......
e
From 2018
......
f
Total
of lines 3a through e
........
0
4
Qualifying distributions for 2019 from Part
XII, line 4:
$
788,316
a
Applied to 2018, but not more than line 2a
741,181
b
Applied to undistributed income of prior years
(Election required—see instructions)
.....
0
c
Treated as distributions out of corpus (Election
required—see instructions)
........
0
d
Applied to 2019 distributable amount
.....
47,135
e
Remaining amount distributed out of corpus
0
5
Excess distributions carryover applied to 2019.
0
0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6
Enter the net total of each column as
indicated below:
a
Corpus. Add lines 3f, 4c, and 4e. Subtract line 5
0
b
Prior years’ undistributed income. Subtract
line 4b from line 2b
..........
0
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
......
0
d
Subtract line 6c from line 6b. Taxable amount
—see instructions
...........
0
e
Undistributed income for 2018. Subtract line
4a from line 2a. Taxable amount—see
instructions
.............
0
f
Undistributed income for 2019. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2020
..........
584,403
7
Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions)
.......
0
8
Excess distributions carryover from 2014 not
applied on line 5 or line 7 (see instructions)
...
0
9
Excess distributions carryover to 2020.
Subtract lines 7 and 8 from line 6a
......
0
10
Analysis of line 9:
a
Excess from 2015
....
b
Excess from 2016
....
c
Excess from 2017
....
d
Excess from 2018
....
e
Excess from 2019
....
Form
990-PF
(2019)
Form 990-PF (2019)
Page
10
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 2019, enter the date of the ruling
.......
b
Check box to indicate whether the organization is a private operating foundation described in section
4942(j)(3)
or
4942(j)(5)
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)
2019
(b)
2018
(c)
2017
(d)
2016
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 foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1
Information Regarding Foundation Managers:
a
List 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).)
b
List 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.
2
Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here
if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
a
The name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
LEO W SEAL JR FAMILY FOUNDATION CO
PO BOX 3720
BAY ST LOUIS
,
MS
39521
(228) 493-6340
b
The form in which applications should be submitted and information and materials they should include:
WRITTEN SUBMISSIONS
c
Any submission deadlines:
NO DEADLINES
d
Any restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
SUBMISSIONS ARE REVIEWED TO ENSURE COMPLIANCE WITH THE FOUNDATION'S MISSION OF PROVIDING FUNDS TO OTHER IRC SECTION 501(C)(3) ORGANIZATIONS THAT OPERATE EXCLUSIVELY FOR CHARITABLE, RELIGIOUS, LITERARY, AND EDUCATIONAL PURPOSES. MORE SPECIFICALLY, THE FOUNDATION'S EMPHASIS IS ON CONTINUED REBUILDING OF THE INFRASTRUCTURE OF RELIGIOUS, CHARITABLE, AND EDUCATIONAL ORGANIZATIONS IN MISSISSIPPI AND SURROUNDING AREAS IN THE AFTERMATH OF RECENT NATURAL DISASTERS. THE LISTING OF DONATIONS ATTACHED TO THE RETURN (PARTXV, LINE 3A) INCLUDES A DESCRIPTION OF THE GRANT.
Form
990-PF
(2019)
Form 990-PF (2019)
Page
11
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)
a
Paid during the year
BAY HIGH SCHOOL
750 BLUE MEADOW RD
BAY ST LOUIS
,
MS
39520
PC
PROMOTION OF EDUCATION/MUSIC/SPORTS
2,450
BAY RATZ MARCHING BAND
310 OLD SPANISH TRAIL
BAY ST LOUIS
,
MS
39520
PC
PROMOTION OF COMMUNITY YOUTH PROGRAM
10,000
BAY SAINT LOUIS YOUTH SPORTS ASSOC
614 BEYER DR
BAY ST LOUIS
,
MS
39520
PC
YOUTH SPORTS PROMOTION
1,000
BAY ST LOUIS LITTLE THEATRE
398 BLAIZE AVE
BAY ST LOUIS
,
MS
39520
PC
LOCAL SUPPORT FOR ARTS AND CULTURE
2,000
BAY WAVELAND BIDDY BASKETBALL
116 ULMAN AVE
BAY ST LOUIS
,
MS
39520
PC
YOUTH SPORTS PROMOTION
5,000
BETHESDA FREE CLINIC
PO BOX 7709
DIBERVILLE
,
MS
39540
PC
MEDICAL SERVICES FOR HOMELESS
10,000
BOY SCOUTS OF AMERICA
1318 HARDY ST
HATTIESBURG
,
MS
39401
PC
TEACHING YOUTH LEADERSHIP AND OUTDOOR SKILLS IN SAFE CHRISTIAN ENVIRONMENT
2,500
BOYS & GIRLS CLUB OF MERIDIAN
1717 45TH AVE
MERIDIAN
,
MS
39307
PC
PROMOTION OF COMMUNITY YOUTH OUTREACH
10,000
CABRINI HIGH SCHOOL
1400 MOSS ST
NEW ORLEANS
,
LA
70119
PC
EDUCATIONAL OUTREACH
400
CCA OF MISSISSIPPI
109 SOUTH 27TH AVE SUITE 219
HATTIESBURG
,
MS
39401
PC
MISSISSIPPI BAY CHAPTER/COASTAL CONSERVATION
1,000
CENTER STAGE BILOXI
2670 RUE PALAFOX
BILOXI
,
MS
39531
PC
LOCAL SUPPORT FOR ARTS AND CULTURE
2,000
COAST CHORALE
PO BOX 6531
DIAMONDHEAD
,
MS
39525
PC
PROMOTION OF CULTURAL AND MUSICAL ARTS EXHANGE PROGRAMS
1,000
COAST EPISCOPAL SCHOOL
5065 ESPY AVE
LONG BEACH
,
MS
39560
PC
EDUCATIONAL OUTREACH
11,000
COMMUNITY CARE NETWORK SUE'S HOME
7400 FOUNTAINBLEAU RD
OCEAN SPRINGS
,
MS
39564
PC
SUPPORT OF PROGRAMS THAT BREAK THE CYCLE OF HOMELESSNESS
5,000
DOCKERY FARMS FOUNDATION
228 HWY 8
CLEVELAND
,
MS
38732
PC
PRESERVATION OF HISTORIC PROPERTY AND HERITAGE
1,000
DRUMS FOR A CURE
1510 TWIFORD PL
CHARLOTTE
,
NC
28207
PC
SUPPORT FOR EDUCATIONAL AND MEDICAL RESEARCH
2,500
FEEDING THE GULF COAST
5248 MOBILE SOUTH ST
THEODORE
,
AL
36582
PC
COMMUNITY OUTREACH FOOD/SHELTER
1,000
FOUNDATION FOR MS WILDLIFE FISHERIES & PARKS
PO BOX 14194
JACKSON
,
MS
39236
PC
TO ASSIST IN PROTECTING AND PRESERVING WILDLIFE HERITAGE
3,000
FRENCH CAMP ACADEMY
ONE FINE PLACE
FRENCH CAMP
,
MS
397459989
PC
SUPPORT OF AT RISK YOUTH PROGRAM
5,000
FRIENDS OF THE ANIMAL SHELTER HANCOCK CO
7175 TEXAS FLAT RD
KILN
,
MS
39556
PC
SUPPORT OF COMMUNITY ANIMAL SHELTER
5,000
GARY SINISE FOUNDATION
PO BOX 368
WOODLAND HILLS
,
CA
91365
PC
SUPPORT OF VETERANS SERVICE ORGANIZATION
1,000
GULF COAST BANDITS YOUTH BASEBALL
1009 BREEDEN PLACE
BAY ST LOUIS
,
MS
39520
PC
YOUTH SPORTS PROMOTION
750
GULF COAST SYMPHONY
11975 SEAWAY RD STE B233
GULFPORT
,
MS
39503
PC
LOCAL SUPPORT FOR ARTS AND CULTURE
2,500
HANCOCK COUNTY CHAMBER OF COMMERCE
100 SOUTH BEACH BLVD
BAY ST LOUIS
,
MS
39520
PC
PROMOTION OF COMMUNITY OUTREACH
2,000
HANCOCK COUNTY FOOD PANTRY
9972 HWY 603
BAY ST LOUIS
,
MS
39521
PC
TO FEED TO THE HUNGRY IN HANCOCK COUNTY AND SURROUNDING AREAS
10,000
HANCOCK COUNTY HISTORICAL SOCIETY
PO BOX 3356
BAY ST LOUIS
,
MS
39521
PC
TO PRESERVCE THE HISTORY OF HANCOCK COUNTY MISSISSIPPI
10,000
HANCOCK COUNTY LIBRARY
312 HWY 90
BAY ST LOUIS
,
MS
39520
PC
EDUCATIONAL OUTREACH
21,000
HANCOCK COUNTY MS SHERIFF SUMMER CAMP
8450 HIGHWAY 90
BAY ST LOUIS
,
MS
39520
PC
SUPPORT OF LOCAL YOUTH PROGRAMS
2,500
HANCOCK HEALTH FOUNDATION
PO BOX 2314
BAY ST LOUIS
,
MS
30520
PC
SUPPORT OF HOSPITAL FOUNDATION
57,000
HANCOCK YOUTH LEADERSHIP ACADEMY
454 HWY 90 STE B
WAVELAND
,
MS
39576
PC
EDUCATIONAL OUTREACH
10,000
HOGS FOR THE CAUSE
PO BOX 792300
NEW ORLEANS
,
LA
70179
PC
SUPPORT OF ASSITANCE ORGANIZATION TO FAMILIES WITH CHILDREN BATTLING BRAIN CANCER.
10,000
HOMES OF GRACE
PO BOX 5009
VANCLEAVE
,
MS
39565
PC
CHRISTIAN OUTREACH
10,000
HORN TO HAVANA
102 W85TH ST
NEW YORK
,
NY
10024
PC
SUPPORT OF ARTS AND CULTURE
1,000
HUMANE SOCIETY OF SOUTH MISSISSIPPI
2615 25TH AVE
GULFPORT
,
MS
39501
PC
UNRESTRICTED FACILITIES GRANT
5,500
INFINITY SCIENCE CENTER
BUILDING 1100 RM 201
STENNIS SPACE CENTER
,
MS
39529
PC
SUPPORT OF SPACE EDUCATION, MUSUEM AND TOURISM
10,000
INFIRMARY HEALTH FOUNDATION
5 MOBILE INFIRMARY CIRCLE
MOBILE
,
AL
36607
PC
TO IMPROVE THE HEALTH AND WELL-BEING OF PEOPLE LIVING IN ALABAMA.
10,000
INNOCENT EYES
6842 HILO ST
DIAMONDHEAD
,
MS
39525
PC
SUPPORT OF YOUTH EDUCATION PROGRAM
10,000
INTERNATIONAL MEDICAL RELIF
1151 EAGLE DR STE 457
LOVELAND
,
CO
80537
PC
TO PROVIDE MEDICAL AID AND DISASTER RELIEF
10,000
ITAWAMBA COMMUNITY COLLEGE
602 W HILL ST
FULTON
,
MS
38843
PC
SUPPORT FOR COLLEGE
1,000
JACKSON STATE UNIVERSITY
PO BOX 17144
JACKSON
,
MS
39217
PC
SUPPORT OF HBCU
12,500
JOHN R PATTERSON SCHOLARSHIP
BOX 3141 DSU
CLEVELAND
,
MS
38733
PC
SUPPORT OF EDUCATIONAL SCHOLARSHIP
2,500
KISS THE GROUND
PO BOX 51538 PMB 63508
LOS ANGELES
,
CA
90051
PC
SUPPORT OF AGRICULTURE COMMUNITY OUTREACH
2,000
LIGHTHOUSE FOR THE BLIND
123 STATE ST
NEW ORLEANS
,
LA
701185794
PC
TO EMPOWER PEOPLE WITH DISABILITIES THROUGH SERVICE, EMPLOYMENT AND ADVOCACY
7,500
LOAVES AND FISHES BILOXI
610 WATER ST
BILOXI
,
MS
39530
PC
SUPPORT FOR COMMUNITY OUTREACH PROGRAM
5,000
LOGTOWN CEMETERY ASSN
PO BOX 3356
BAY ST LOUIS
,
MS
39521
PC
HISTORIC PRESERVATION AND UPKEEP ACTIVITIES
21,000
LYNN MEADOWS DISCOVERY CENTER
246 DOLAN AVE
GULFPORT
,
MS
39507
PC
SUPPORT FOR CHILDREN'S MUSEUM AND EDUCATION OUTREACH
5,000
MACJC
3825 RIDGEWOOD RD
JACKSON
,
MS
39211
PC
SUPPORT OF COMMUNITY AND JUNIOR COLLEGES ASSOCIATION
200
MAGNOLIA SPEECH SCHOOL
733 FLAG CHAPEL RD
JACKSON
,
MS
39209
PC
SUPPORT OF EDUCATION TO ELIMINATE BARRIERS IMPOSED BY DEAFNESS AND LANGUAGE IMPAIRMENTS
5,000
MARITIME SEAFOOD MUSEUM
PO BOX 1907
BILOXI
,
MS
39533
PC
SUPPORT OF EDUCATION AND CULTURAL MUSEUM
147,000
MCLINDON FOUNDATION
8305 TOM DRIVE
BATON ROUGE
,
LA
70815
PC
SUPPORT OF YOUTH DISABILITY PROGRAM
10,000
MENTAL HEALTH ASSOCIATION OF MISSISSIPPI
4803 HARRISON CRL
GULFPORT
,
MS
39507
PC
MEDICAL ASSISTANCE
10,000
METAIRIE PARK COUNTRY DAY SCHOOL
300 PARK RD
METAIRIE
,
LA
70005
PC
EDUCATIONAL OUTREACH
10,000
MILLIES MOVEMENT
310 9TH STREET
BAY ST LOUIS
,
MS
39520
NO RELATIONSHIP
I
COMMUNITY PROGRAM BLOG
10,000
MISSISSIPPI AQUARIUM
PO BOX 1100
GULFPORT
,
MS
39502
PC
SUPPORT OF ZOOLOGICAL SOCIETY AND EDUCATION
20,000
MISSISSIPPI CHILDRENS MUSEUM
2145 MUSEUM BLVD
JACKSON
,
MS
39202
PC
TO SUPPORT AND PROMOTE CHILDREN'S MUSEUM PROGRAMS
20,000
MISSISSIPPI CODING ACADEMY
ONE RESEARCH BLVD STE 200
STARKVILLE
,
MS
39759
PC
EDUCATIONAL OUTREACH
15,000
MISSISSIPPI HERITAGE TRUST
PO BOX 577
JACKSON
,
MS
39205
PC
PROMOTION CULTURAL AND HISTORICAL AWARENESS
1,000
MOTHERSHIP FOUNDATION
1121 N GAYOSO ST
NEW ORLEANS
,
LA
70119
PC
SUPPORT OF ARTS AND CULTURE
1,000
MUSIC MAKER RELIEF FUND
PO BOX 7222
DURHAM
,
NC
27722
PC
SUPPORT OF ARTS AND CULTURE
1,000
MUSIC ARTS AND PRACTICALITY
400 S BEACH BLVD
WAVELAND
,
MS
39576
PC
SUPPORT OF MUSIC, ARTS AND CULTURE
4,000
OKTIBBEHA COUNTY HERITAGE MUSEUM
206 FELLOWSHIP ST
STARKVILLE
,
MS
39759
PC
PROMOTION CULTURAL AND HISTORICAL AWARENESS
1,000
ONE HUNDRED MEN DBA HALL
300 UNION ST
BAY ST LOUIS
,
MS
39520
PC
PROMOTION CULTURAL AND HISTORICAL AWARENESS
9,766
OUR ARTWORK
603 CLAYTON AVE
TUPEO
,
MS
38804
PC
SUPPORT OF ARTS AND CULTURE
1,000
OUR LADY ACADEMY
222 S BEACH BLVD
BAY ST LOUIS
,
MS
39520
PC
EDUCATIONAL OUTREACH
4,000
OUR LADY OF THE GULF CATHOLIC CHURCH
228 S BEACH BLVD
BAY ST LOUIS
,
MS
39520
PC
CHRISTIAN OUTREACH
5,000
PALMER HOME FOR CHILDREN
PO BOX 746
COULUMBUS
,
MS
39703
PC
SUPPORT FOR ABUSED YOUTH PROGRAM
10,000
PEARL RIVER COLLEGE DEVELOPMENT FDA
101 HWY 11 NORTH
BOX
,
MS
39470
PC
EDUCATIONAL OUTREACH
20,000
PERCUSSIVE ARTS SOCIETY
110 W WASHINGSTON ST STE A
INDIANAPOLIS
,
IN
46204
PC
SUPPORT FOR MUSIC EDUCATION
5,000
PLEASE FOUNDATION
PO BOX 9223
METAIRIE
,
LA
70055
PC
EDUCATIONAL OUTREACH
10,000
PNEUMA - WINDS OF HOPE
113 CECILIA ST
BAY ST LOUIS
,
MS
39520
PC
SUPPORT OF YOUNG ADULT MINISTRIES
10,000
SEASHORE DISTRICT UNITED METHODIST
PO BOX 1279
BILOXI
,
MS
395331279
PC
CHRISTIAN OUTREACH
1,000
SHRINERS CHILDRENS HOSPITAL
2900 N ROCKY POINT DR
TAMPA
,
FL
33607
PC
SUPPORT OF MEDICAL RESEARCH
10,000
SOUTHERN MS ATHLETIC FOUNDATION
171 BROOKLINE DR
HATTIESBURG
,
MS
39402
PC
EDUCATIONAL AND ATHLETICS OUTREACH
5,000
SPECIAL FORCES FOUNDATION
14402 BLANCO RD STE 100
SAN ANTONIO
,
TX
78216
PC
SUPPORT OF FORMER GREEN BERET VETERANS
5,000
SPECIAL OLYMPICS MISSISSIPPI
PO BOX 2115
MADISON
,
MS
391302115
PC
SUPPORT OF ORGANIZATION THAT SERVES ATHLETES WITH INTELLECTUAL DISABILITIES
10,000
SSC ALUMNI ASSOC SCHLORSHIP FUND
304 SOUTH BEACH BLVD
BAY ST LOUIS
,
MS
395014301
PC
EDUCATIONAL OUTREACH
2,500
ST JAMES CATHOLIC SCHOOL
603 WEST AVE
GULFPORT
,
MS
39507
PC
EDUCATIONAL OUTREACH
5,000
ST JOHN THE EVANGELIST CATHOLIC
2414 17TH ST
GULFPORT
,
MS
39501
PC
CHRISTIAN OUTREACH
1,000
ST JOSEPH CATHOLIC SCHOOL
308 NEW MANNSDALE ROAD
MADISON
,
MS
39110
PC
EDUCATIONAL OUTREACH
4,000
ST MICHAELS CATHOLIC
177 1ST ST
BILOXI
,
MS
39530
PC
CHRISTIAN OUTREACH
5,000
ST ROSE DELIMA CHURCH
301 NECAISE AVE
BAY ST LOUIS
,
MS
39520
PC
CHRISTIAN OUTREACH
4,000
ST STANISLAUS COLLEGE
304 S BEACH BLVD
BAY ST LOUIS
,
MS
395204301
PC
EDUCATIONAL OUTREACH
22,250
ST VINCENT DE PAUL PHARMACY
735 DIVISION ST
BILOXI
,
MS
39530
PC
SUPPORT OF MEDICAL SUPPLY PROGRAM FOR HOMELESS
15,000
STARKVILLE MS ARTS COUNCIL
101 S LAFAYETTE ST STE 18
STARKVILLE
,
MS
39759
PC
SUPPORT OF ARTS AND CULTURE
7,500
TEAAM
PO BOX 1
TAYLORSVILLE
,
MS
39168
PC
SUPPORT OF AUTISM DISABILITIES PROGRAM
10,000
THE ARTS HANCOCK CO
PO BOX 3498
BAY ST LOUIS
,
MS
39521
PC
SUPPORT OF ARTS AND CULTURE
10,000
UNITED WAY
11975 SEEWAY RD B170
GULFPORT
,
MS
39503
PC
COMMUNITY & DISASTER RELIEF
15,000
VIBE CLASSIQUE DANCE
2200 MCLAURIN ST
WAVELAND
,
MS
39576
PC
YOUTH ACTIVITIES PROGRAM
500
VIC WOOTEN CENTER FOR MUSIC & NATURE
PO BOX 210703
NASHVILLE
,
TN
37221
PC
SUPPORT OF DOROTHY G. WOOTEN SCHOLARSHIP
2,500
WWOZ
PO BOX 51840
NEW ORLEANS
,
LA
70151
PC
COMMUNITY RADIO AND CULTURAL OUTREACH
2,500
Total
.................................
3a
788,316
b
Approved for future payment
Total
.................................
3b
0
Form
990-PF
(2019)
Form 990-PF (2019)
Page
12
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.)
1
Program service revenue:
(a)
Business code
(b)
Amount
(c)
Exclusion code
(d)
Amount
a
b
c
d
e
f
g
Fees and contracts from government agencies
2
Membership dues and assessments
....
3
Interest on savings and temporary cash
investments
...........
14
193
4
Dividends and interest from securities
....
14
341,119
5
Net rental income or (loss) from real estate:
a
Debt-financed property
......
b
Not 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
............
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)
..
0
341,312
0
13
Total.
Add line 12, columns (b), (d), and (e)
..................
13
341,312
(See worksheet in line 13 instructions to verify calculations.)
Part XVI-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
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
(2019)
Form 990-PF (2019)
Page
13
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) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
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) (other than section 501(c)(3)) or in section 527?
...........
Yes
No
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) is based on all information of which preparer has any knowledge.
May the IRS discuss this return
with the preparer shown below
(see instr.)
Yes
No
Signature of officer or trustee
Date
Title
Paid Preparer Use Only
Print/Type preparer's name
Preparer's Signature
Date
Check if self-
employed
PTIN
Firm's name
Firm's EIN
Firm's address
Phone no.
Form
990-PF
(2019)
Additional Data
Software ID:
Software Version:
Form 990PF - Special Condition Description:
Special Condition Description