William R Terry Charitable Trust in Jackson, Mississippi (MS)

William R Terry Charitable Trust
Employer Identification Number (EIN)	646208579
Name of Organization	William R Terry Charitable Trust
In Care of Name	Deposit Guaranty Natl Bk Ttee
Address	PO BOX 23100, Jackson, MS 39225-3100
Activities	Gifts, grants, or loans to other organizations
Subsection	Charitable Organization
Ruling Date	02/1997
Deductibility	Contributions are deductible
Foundation	Private non-operating foundation
Organization	Trust
Exempt Organization Status	Unconditional Exemption
Tax Period	12/2013
Assets	$25,000 to $99,999
Income	$25,000 to $99,999
Filing Requirement	990 - Not required to file (all other)
Asset Amount	$59,527
Amount of Income	$84,520
Form 990 Revenue Amount	$4,393
National Taxonomy of Exempt Entities (NTEE)	Philanthropy, Voluntarism and Grantmaking Foundations: Private Grantmaking Foundations

Non-representatives - add comments:

Amount of income in 2013: $84,520 (it was $40,900 in 2012)

William R Terry Charitable Trust:	$84,520
Other organizations performing similar types of work:	$153,770

Assets in 2013: $59,527 (it was $61,017 in 2012)

William R Terry Charitable Trust:	$59,527
Other organizations performing similar types of work:	$516,948

Expenses in 2013: $4,961

William R Terry Charitable Trust:	$4,961
Other organizations performing similar types of work:	$60,348

Income to expenses ratio in 2013: 17.0

William R Terry Charitable Trust:	17.0
Other organizations performing similar types of work:	2.2

Financial snapshot ($)

Revenue for 2013

Assets at the end of 2013

Expenses for 2013

	Revenue and expenses per books	Net investment income	Adjusted net income	Disbursements for charitable purposes (cash basis only)
Analysis of Revenue and Expenses (for 2013)
Total revenue	$3,471	$3,471	$0
Contributions, gifts, grants, etc., received	$0
Interest on savings and temporary cash investments	$0
Dividends and interest from securities	$2,280
Gross rents	$0
Gross sales price for all assets	$82,240
Gross profit from sales of goods	$0
Other income	$0
Other	$1,191
Total expenses and disbursements	$4,961	$1,809	$0	$3,064
Compensation of officers, directors, trustees, etc.	$0
Pension plans, employee benefits	$0
Legal fees	$0
Accounting fees	$800
Interest	$0
Depreciation	$0
Occupancy	$0
Travel, conferences, and meetings	$0
Printing and publications	$0
Total operating and administrative expenses	$1,897	$1,809		$0
Contributions, gifts, grants paid	$3,064
Excess of revenue over expenses and disbursements	$-1,490
Net investment income		$1,662
Adjusted net income			$0

	2011		2012		2013
Balance Sheets
	Book Value	Fair Market Value	Book Value	Fair Market Value	Book Value	Fair Market Value
Total assets	$59,775	$61,405	$61,017	$62,274	$59,527	$61,925
Cash - non-interest-bearing	$-101		$1,139		$4,213
Investments-U.S. and state government obligations	$0		$0		$0
Investments-corporate stock	$17,195		$13,693		$13,693
Investments-corporate bonds	$42,681		$46,185		$41,861
Investments-mortgage loans	$0		$0		$0
Investments-other	$0		$0		$0
Other assets			$0		$0
Total liabilities	$0		$0		$0
Total liabilities and net assets/fund balances	$59,775		$61,017		$59,527

	2011	2012	2013
Capital Gains and Losses for Tax on Investment Income
Capital gain net income	$2,032	$3,719	$1,191
Net capital loss	$0	$0	$0

	2011	2012	2013
Excise Tax Based on Investment Income
Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income)	No	No	No
Tax based on investment income	$52	$88	$33
Total credits and payments	$0	$0	$0
Any penalty for underpayment of estimated tax	$0	$0	$0
Tax due		$88	$33
Overpayment		$0	$0
Amount to be credited to next year's estimated tax	$0	$0	$0

	2011	2012	2013
Statements Regarding Activities
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did it participate or intervene in any political campaign?	No	No	No
Has the foundation engaged in any activities that have not previously been reported to the IRS?		No	No
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?		No	No
Has the foundation filed a tax return on Form 990-T for this year?		No	No
Was there a liquidation, termination, dissolution, or substantial contraction during the year?	No	No	No
Has the foundation furnished a copy of Form 990-PF to the Attorney General (or designate) of each state?		Yes	Yes
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3) or 4942(j)(5) for current calendar year or the taxable year beginning in this year?	No	No	No
Did any persons become substantial contributors during the tax year?		No	No
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had advisory privileges?		No	No
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?		Yes	Yes
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041		No	No

	2011	2012	2013
Statements Regarding Activities for Which Form 4720 May Be Required
During the year did the foundation (either directly or indirectly):
Engage in the sale or exchange, or leasing of property with a disqualified person?	No	No	No
Borrow money from, lend money to, or otherwise extend credit to (or accept it from) a disqualified person?	No	No	No
Furnish goods, services, or facilities to (or accept them from) a disqualified person?	No	No	No
Pay compensation to, or pay or reimburse the expenses of, a disqualified person?	No	No	No
Transfer any income or assets to a disqualified person (or make any of either available for the benefit or use of a disqualified person)?	No	No	No
Agree to pay money or property to a government official?	No	No	No
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?		No	No
Did the foundation engage in a prior year in any of the acts, other than excepted acts, that were not corrected before the first day of the tax year beginning in this year?		No	No
At the end of this tax year, did the foundation have any undistributed income for tax year(s) beginning before this year?	No	No	No
Are there any years listed above 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?		No	No
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at any time during the year?	No	No	No
Did the foundation have excess business holdings in this year 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?	No	No	No
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?	No	No	No
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 this year?		No	No
During the year did the foundation pay or incur any amount to:
Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?	No	No	No
Influence the outcome of any specific public election (see section 4955); or to carry on, directly or indirectly, any voter registration drive?	No	No	No
Provide a grant to an individual for travel, study, or other similar purposes?	No	No	No
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)?	No	No	No
Provide for any purpose other than religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals?	No	No	No
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?		No	No
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?		No	No
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?		No	No

	2011	2012	2013
Minimum Investment Return
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes	$63,955	$64,002	$62,986
Net value of noncharitable-use assets		$63,042	$62,041
Minimum investment return	$3,150	$3,152	$3,102

	2011	2012	2013
Distributable Amount
Distributable amount	$3,098	$3,064	$3,069

	2011	2012	2013
Undistributed Income
Distributable amount for this year	$3,098	$3,064	$3,069
Undistributed income for this year. This amount must be distributed in the next year	$3,098	$3,064	$3,069

	2013	2012	2011	2010	Total
Private Operating Foundations (for 2010 - 2013)
The lesser of the adjusted net income or the minimum investment return	$0	$0	$0	$0	$0
Qualifying distributions made directly for active conduct of exempt activities	$0	$0	$0	$0	$0
Value of all assets	$0	$0	$0	$0	$0
Value of assets qualifying under section 4942(j)(3)(B)(i)	$0	$0	$0	$0	$0
2/3 of minimum investment return	$0	$0	$0	$0	$0
Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties)	$0	$0	$0	$0	$0
Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)	$0	$0	$0	$0	$0
Gross investment income	$0	$0	$0	$0	$0

Supplementary Information (for 2013)
Grants approved for future payment	$0

	Amount	Related or exempt function income
Analysis of Income-Producing Activities (for 2013)
Program service revenue
Fees and contracts from government agencies	$0	$0
Membership dues and assessments	$0	$0
Interest on savings and temporary cash investments	$0	$0
Dividends and interest from securities	$2,280	$0

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations (for 2013)
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 organizations?
Transfers from the reporting foundation to a noncharitable exempt organization of:
Cash	No
Other assets	No
Other transactions:
Sales of assets to a noncharitable exempt organization	No
Purchases of assets from a noncharitable exempt organization	No
Rental of facilities, equipment, or other assets	No
Reimbursement arrangements	No
Loans or loan guarantees	No
Performance of services or membership or fundraising solicitations	No
Sharing of facilities, equipment, mailing lists, other assets, or paid employees	No

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Id	Name	Address	State	Established	Total Income
Organizations performing similar types of work
1	The Wallace Research Foundation	Attn Kay Hegarty 221 Third Ave Se, Cedar Rapids, IA 52401-1522	IA	1996-05	$44,138,975
2	Trimix Foundation	50 Park Row W Ste 113, Providence, RI 02903-1114	RI	1997-05	$23,588,272
3	Russell Grinnell Memorial Tr	PO BOX 1802, Providence, RI 02901-1802	RI	1998-10	$13,669,625
4	Wcp Foundation	9 W 57th St, New York, NY 10019-2701	NY	1998-08	$13,302,553
5	Sage Foundation Inc	16 Khakum Dr, Greenwich, CT 06831-3727	CT	1997-09	$11,763,440
6	Rothfeld Family Foundation Inc	156 5th Ave Ste 904, New York, NY 10010-7762	NY	1998-02	$9,649,897
7	The Robert P And Arlene R Kogod Family Foundation	2345 Crystal Drive 11th Floor, Arlington, VA 22202-4801	VA	1996-10	$8,219,766
8	Theodore Cross Family Charitable Foundation	100 Merrick Road, Rockville Centre, NY 11570-4800	NY	1995-06	$8,069,390
9	Ruettgers Family Charitable Foundation, Ruettgers Michael C Ttee	100 Federal Street 37th Floor, Boston, MA 02110-1802	MA	1997-09	$7,375,679
10	The Dickler Family Foundation	501 Silverside Rd Ste 123, Wilmington, DE 19809-1377	DE	1996-12	$7,174,609
11	Swartz Foundation Ua 110594	6 Light House Pointroad, Lloyd Harbor, NY 11743	NY	1996-01	$6,695,817
12	Schultz Family Foundation	4209 21st Ave W Ste 401, Seattle, WA 98199-1254	WA	1998-03	$6,123,588
13	The Lita Annenberg Hazen Foundation	667 Madison Avenue, New York, NY 10065	NY	1995-11	$5,371,103
14	Slick Family Foundation	4400 Silas Creek Pkwy Ste 302, Winston Salem, NC 27104-3823	NC	1997-04	$4,692,739
15	Russel & Deborah Taylor Foundation	31 Indian Point Ln, Riverside, CT 06878-2622	CT	1997-06	$4,443,249
16	The Do More Foundation	14952 W Cameron Dr, Surprise, AZ 85379-5217	AZ	1997-04	$4,363,508
17	Shikiar Family Foundation, Shikiar Stuart A Ttee	30 E 85th St Apt 24b, New York, NY 10028-0462	NY	1996-12	$3,993,513
18	John Houston Wear Jr Foundation	PO BOX 23100, Jackson, MS 39225-3100	MS	1993-07	$821,738
19	John B And Olive S Cook Foundation	1100 W Beach Blvd Apt 402, Pass Chris, MS 39571-3324	MS	1998-04	$193,385
20	William R Terry Charitable Trust	PO BOX 23100, Jackson, MS 39225-3100	MS	1997-02	$84,520

Number of organizations performing similar types of work

Alabama	4
Arkansas	2
Arizona	14
California	43
Colorado	15
Connecticut	26
District of Columbia	4
Delaware	3
Florida	32
Georgia	10
Iowa	8
Idaho	1
Illinois	35
Indiana	3
Kansas	5
Kentucky	3
Louisiana	1
Massachusetts	52
Maryland	6
Maine	5
Michigan	11
Minnesota	13
Missouri	8
Mississippi	3

Montana	2
North Carolina	12
North Dakota	1
Nebraska	3
New Hampshire	6
New Jersey	30
New Mexico	3
Nevada	4
New York	181
Ohio	13
Oklahoma	8
Oregon	4
Pennsylvania	26
Rhode Island	10
South Carolina	5
Tennessee	8
Texas	62
Utah	10
Virginia	13
Washington	14
Wisconsin	11
West Virginia	3
Wyoming	2
International	2

Total

740

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