Return of Private Foundation OMB No 1545-0052 Or Section 4947(A)(1) Trust Treated As Private Foundation Foltn 9^0 Pf 2014 Do Not This Form As It May Be Made Public
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I 1 If Return of Private Foundation OMB No 1545-0052 or Section 4947(a)(1) Trust Treated as Private Foundation FolTn 9^0 pF 2014 Do not this form as it may be made public. Department of the Treasury ► enter social security numbers on Open to Public Inspection Internal Revenue service ► Information about Form 990-PF and its se parate instructions is at www. irs. g ov/form99O pf. For calendar year 2014 or tax year beginning , and ending Name of foundation A Employer Identification number IMAMI FAMILY FOUNDATION INC 65-6249234 Number and street (or P 0 box number if mail is not delivered to street address ) RoomJsuite B Telephone number (see instructions) 2118 AARON STREET 941-628-0799 City or town, state or province, country, and ZIP or foreign postal code PORT CHARLOTTE FL 33952 C If exemption application is pending , check here ► G Check all that apply Initial return Initial return of a former public chanty D 1. Foreign organizations , check here ► Final return Amended return 2. Foreign organizations meeting the Address change Name change 85% test. check here and attach computation ► H Check type of organization X Section 501(c)(3) exempt private foundation E If private foundation status was terminated under Section 4947(a)( 1 ) nonexempt chantable trust Other taxable private foundation section 507(b)(1)(A), check here ► Fair market value of all assets at J Accounting method ] Cash [N Accrual F If the foundation is in a 60-month termination end of year (from Part II, col (c), F] Other (specify) under section 507(b)(1)(B), check here ► 1 , 154 line 16) ► $ 675 (Part I column (d) must be on cash basis (d ) Disbursements Part I Analysis of Revenue and Expenses (The total of (a) Revenue and (b ) Net investment (c) Adjusted net for chartable amounts in columns (b), (c), and (d) may not necessarily equal expenses per income income purposes the amounts in column (a) (see instructions)) books (cash basis only) I Contributions, gifts, grants, etc, received (attach schedule) 50 , 070 2 Check ► [] if the foundation is not required to attach Sch B 3 Interest on savings and temporary cash investments 2 , 693 2 , 693 4 Dividends and interest from securities 22 , 025 22 025 5a Gross rents b Net rental income or (loss) C 6a Net gain or (loss) from sale of assets not on line 10 - 9 , 8 8 6 j b Gross sales prce for all assets on line 6a 153,074 a>' W 7 Capital gain net income (from Part IV, line 2) 0 8 Net short-term capital gain 0 9 Income modifications 10a Gross sales less returns and allowance VI^^ ^(n b Less Cost of goods V-C c Gross profit or (loss attach s eaule)^ Gl 11 Other income (attach ch ule) 12 Total. Add lines 1 thro 64 , 902 24 , 718 0 13 Compensation of officers fir cto eta _ + 0 C 14 Other employee salaries a d wa es vJ `^ 15 Pension plans, employee b efit K 16a Legal fees (attach schedule) W b Accounting fees (attach schedule) STMT 1 1 , 932 966 c Other professional fees (attach schedule) STMT 2 3 , 696 3 , 696 > 17 Interest u 18 Taxes (attach schedule) (see instructions) STMT 3 571 571 19 Depreciation (attach schedule) and depletion 20 Occupancy a 21 Travel, conferences, and meetings r- 22 Punting and publications 0) 23 Other expenses (att. sch) STMT 4 257 42 24 Total operating and administrative expenses. Add lines 13 through 23 6 , 456 5 , 275 0 0 a 25 Contributions, gifts, grants pad 51 , 930 51 , 930 0 26 Total expenses and disbursements . Add lines 24 and 25 58 , 386 5 , 275 0 51 , 930 27 Subtract line 26 from line 12. a Excess of revenue over expenses and disbursements 6 , 516 b Net Investment income (if negative, enter -0-) 19 , 443 c Adjusted net Income (if negative, enter -0-) 0 For Paperwork Reduction Act Notice , see Instructions. Form 990-PF (2014) 7 DAA Fnrm 990-PF (9Md1 IMAMT FAMTLY FOUNDATION INC 65-6249234 Paae 2 Beginning of year End of year Part II Balance Sheets Attached sch edules and amounts in the descri ption column should be for end-of-year amounts only (See instructions ) (a) Book Value ( b) Book Value (c) Fair Market Value 1 Cash - non-interest-bearing 2 Savings and temporary cash investments 101,518 106 ,375 106, 375 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 (alt schedule) ► Less allowance for doubtful accounts ► 0 et 8 Inventories for sale or use 9 Prepaid expenses and deferred charges 641 670 670 10a Investments - U.S. and state government obligations (attach schedule) STMT 5 11, 715 9,391 10 , 233 b Investments - corporatestock(attachschedule) SEE STMT 6 736,322 738,226 782,170 c Investments - corporate bonds (attach schedule) 11 Investments-land, buildings, and equipment basis ► Less accumulated depreciation (attach sch) ► 12 Investments - mortgage loans 13 Investments - other (attach schedule) SEE STATEMENT 7 253,177 255,227 255,227 14 Land, buildings, and equipment basis ► Less accumulated depreciation (attach sch) ► 15 Other assets (describe ► 16 Total assets (to be completed by all filers - see the instructions Also see page 1 Item I 1 , 103 , 373 1 , 109 , 889 1 , 154,675 17 Accounts payable and accrued expenses 18 Grants payable ai 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 throug h 22 ) - 0 0 Foundations that follow SFAS 117, check here ► and complete lines 24 through 26 and lines 30 and 31. ar 24 Unrestricted `-°ea 25 Temporarily restricted CO 26 Permanently restricted Foundations that do not follow SFAS 117, check here ► ^X LL and complete lines 27 through 31. L_ 0 27 Capital stock, trust principal, or current funds at 28 Paid-in or capital surplus, or land, bldg , and equipment fund 29 Retained earnings, accumulated income, endowment, or other funds 1,103, 373 1,109,889 30 Total net assets or fund balances (see instructions) 1,103,373 1,109, 889 Z 31 Total liabilities and net assets/fund balances (see instructions) 1 , 103 , 373 1 109,889 Part III I Analysis of Chances in Net Assets or Fund Balances 1 Total net assets or fund balances at beginning of year - Part II, column (a), line 30 (must agree with end-of-year figure reported on prior year's return) 1 1,103,373 2 Enter amount from Part I, line 27a 2 6,516 3 Other increases not included in line 2 (itemize) ► 3 4 Add lines 1, 2, and 3 4 1,109,889 5 Decreases not included in line 2 (itemize) ► 5 - 6 Total net assets or fund balances at end of year (line 4 minus line 5) - Part 11, column (b), line 30 6 1,109,889 Form 990-PF (2014) DAA Form 990-PF (2014) IMAMI FAMILY FOUNDATION INC 65-6249234 Page 3 Part IV ^ Capital Gains and Losses for Tax on Investment Income (a) List and describe the land( s) of property sold (e g , real estate, (b) How acquired (c) Date acquired (d) Date sold Purchase 2-story brick warehouse , or common stock, 200 shs MLC Co ) P - (mo , day, yr ) (mo , day, yr ) D - Donation 1a SEE WORKSHEET b c d e (r) Deprecation allowed (g) Cost or other basis (h) Gain or (loss) (a) Gross sales price (or allowable ) plus expense of sale (e) plus (f) minus (g) a b c d e Complete only for assets showing gain in column (h) and owned the foundation on 12/31/69 by (I) Gains (Col (h) gain minus col (k), but than -0-) or U) Adjusted basis (k) Excess of col (i) not less (1) F M V as of 12/31/69 as of 12/31/69 over col U), if any Losses (from col (h)) a b c d e If gain, also enter in Part I, line 7 2 Capital gain net income or (net capital loss) { If (loss), enter -0- in Part I, line 7 2 -9 , 886 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 -6 , 495 I Part V I 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 ? El Yes X 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 the instructions before making any entries Base period years (b) (c) Distributiontiion ratio value of Calendar year or tax year beginning in) Adjusted qualifying distributions Net nonchantable-use assets (001 (b) divided by col (c)) 2013 61 , 161 1 , 076 , 143 0.056834 2012 26 , 430 988 , 392 0.026740 2011 48 , 625 951 , 836 0.051085 2010 31 , 100 1 826 516 0.037628 2009 56 , 925 1 739 , 632 0.076964 2 Total of line 1, column (d) 2 0.249251 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 .049850 4 Enter the net value of nonchantable -use assets for 2014 from Part X, line 5 4 1 121 , 948 5 Multiply line 4 by line 3 5 55 , 929 6 Enter 1 % of net investment income (1 % of Part I, line 27b) 6 194 7 Add lines 5 and 6 7 546 , 123 8 Enter qualifying distributions from Part XII, line 4 8 51 , 930 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 (2014) DAA