Form- 990-PF Return of Private Foundation OMB No 1545-0052 Or Section 4947(A)(1) Nonexempt Charitable Trust
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Form- 990-PF Return of Private Foundation OMB No 1545-0052 or Section 4947(a)(1) Nonexempt Charitable Trust Department of the Treasury Treated as a Private Foundation Internal Revenue Service Note. The foundation may be able to use a copy of this return to satisfy state reporting requirements 2010 For calendar year 2010 , or tax year beginning , and ending G Check all that apply 0 Initial return 0 Initial return of a former public chanty Final return 0 Amended return 0 Address change Name change Name of foundation A Employer Identification number Arthur Vinin g Davis Foundation #3 59-6159693 Number and street (or P O box number If mall Is not delivered to street address) Room/suite B Telephone number 225 Water Street 1510 904-359-0670 City or town , state, and ZIP code C If exemption application Is pending , check here Jacksonville, FL 32202 01- Foreign organizations , check here p 2. Foreign organizations meeting the 85% test, ► O H Check typ e of org anization Section 501 (c )( 3 ) exempt nvate foundation check here and attach computation = Section 4947 (a )( 1 nonexem pt charitable trust = Other taxable p rivate foundation E It p rivate foundation status was terminated I Fair market value of all assets at end of year J Accounting method 0 Cash 0 Accrual under section 507(b)(1)(A), check here ► (from Part ll, col. (c), line 16) 0 Other (specify) F If the foundation is in a 60-month termination (Part 1, column (d) must be on cash basis.) B , check here ► $ 138,974,421 . under section 507( b )( 1 ) Part I Analysis of Revenue and Expenses ( a) Revenue and (b) Net investment ( c) Adjusted net ( d) Disbursements (The total of amounts In columns ( b), (c), and (d) may not for charitable purposes necessarily equal the amounts in column (a)) expenses per books income income (cash basis only) 1 Contributions, gifts, grants, etc , received N/A 2 Check [] if the foundation is not required to attach Sch B Ierest on savings and temporary 3 cashi 1,534,269 . 1,534,269. 4 Dividends and interest from securities 926,574 . 926, 574. 5a Gross rents b Net rental income or (toss) Ba Net gain or (loss) fro m sate of assets not on line 10 6, 359,840. 7 Gross sales puce for all b assets on line 6a y 7 Capital gain net income (from Part IV, line 2) 6, 359,840. cc 8 Net short-term capital gain 9 Income modifications Gross sales less returns 1 ^a and allowances b Less Cost of goods sold c Gross profit or (loss) 11 Other income 12 Total . Add lines 1 throug h 11 8 , 820 , 683. 8 , 820 , 683. 13 Compensation of officers , directors, trustees, etc 153,664. 0 . 153,664. 14 Other employee salaries and wages 277,140. 0 . 277,140 . 15 Pension plans , employee benefits 151,126. 0 . 151,126 . 16a Legal fees a b Accounting fees Stmt 1 19,375. , 875. 15,500. W c Other professional fees Stmt 2 3 0;5 1,-M . / 3 0 5, 610. 0. 17 Interest 18 Taxes Stmt 3 112,492. 0. 27,535. 19 Depreciation and depletion CD MA I 'I 1U CA 20 Occupancy 5-9,u.. LX 0 . 59,550. a 21 Travel, conferences , and meetings (t 14 . T' 0 . 64 , 5 14 . Lull o m 22 Printing and publications CS! c 23 Other expenses Stmt 4 20 , 405. 0. 20 , 405. 24 Total operating and administrative a expenses . Add lines 13 through 23 1,163,876. 3 0 9, 4 85. 7 6 9, 4 34. Q 0 25 Contributions , gifts, grants paid 5 , 559 , 470. :: 5 641 470. 26 Total expenses and disbursements. Add lines 24 and 25 6 , 723 , 346. 309 485. 6 , 410 , 904. aw 27 Subtract line 26 from line 12 a Excess of revenue over expenses and disbursements 2 097,337. b Net Investment Income (if negative, enter -0-) 8, 511, 19 8 c Ad j usted net Income (ifnegative. enter -0 N/A 023501 12-07-10 LHA For Paperwork Reduction Act Notice, see the instructions . Form 990-PF (2010) Form 990-PF (20101 Arthur Vinina Davis Foundation #3 59-6159693 Page2 Beginning of year End f year Balance Sh eets dschedules andamounts Inthedescnption o column should be for end-of-year amounts only (a) Book Value (b) Book Value (c) Fair Market Va lue 1 Cash - non-Interest-beanng 139,500. 139,500. 139,500. 2 Savings and temporary cash investments 10,422,339. 5,037,589. 5,037,589. 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 7 Other notes and loans receivable 10. Less allowance for doubtful accounts ► M 8 Inventories for sale or use 9 Prepaid expenses and deferred charges a 10a Investments - U S and state government obligations Stmt 5 21,600,238. 23,902,844. 23,902,844. b Investments - corporate stock Stmt 6 79,614,007. 87,646,886. 87,646,886. c Investments - corporate bonds Stmt 7 17,146,053. 16,160,638. 16,160,638. 11 Investments- land, buildings. and equipment basis ► Less accumulated depredation ► 12 Investments - mortgage loans 13 Investments - other Stmt 8 0. 6,086,964. 6,086,964. 14 Land, buildings, and equipment basis ► Less accumulated depreaabon ► 15 Other assets (describe ► Statement 9 2,469. 0. 0. 16 Total assets to be com p leted by all filers 128 , 924 , 606. 13-8 , 97-4 , 421. 138 , 974 , 421. 17 Accounts payable and accrued expenses 18 Grants payable 1, 330, 000. 1,248,000. to 19 Deferred revenue 20 Loans from officers, directors, trustees, and other disqualified persons 20 21 Mortgages and other notes payable Statement 10 ) 0. 9 , 636.. J 22 Other liabilities (describe ► 23 Total liabilities add lines 17 throug h 22) 1 , 330 , 000. 1 , 257 , 636. FX] Foundations that follow SFAS 117, check here ► and complete lines 24 through 26 and lines 30 and 31. 24 Unrestricted 127, 594, 606. 137, 716, 785 . C 25 Temporarily restricted m 26 Permanently restricted Foundations that do not follow SFAS 117, check here ► LL and complete lines 27 through 31. ° 27 Capital stock, trust principal, or current funds y 28 Paid-in or capital surplus, or land, bldg , and equipment fund N 4 29 Retained earnings, accumulated income, endowment, or other funds Z 30 Total net assets or fund balances 127,594,606. 137,716,785. 31 Total liabilities and net assets and balances 128 , 924 , 606. 138 , 974 , 421. paw 1{I 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 3( (must agree with end-of-year figure reported on prior year' s return) 111127, 594,606. 2 Enter amount from Part I , line 27a 2 2,097,337. 3 Other increases not included in line 2 ( itemize ) ► Unrealized g ain on securities J v .. c z 4 Add lines 1 , 2, and 3 4 137,716,785. 5 Decreases not included in line 2 ( itemize) ► 4 minus line 51- Part I 137,716,785. Form 990-PF (2010) 023511 12-07-10 Form 990-PF (2010) Arthur Vinin g Davis Foundation #3 59-6159693 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, (b How acquired (c) Date acquired (d) Date sold Purchase (mo day, yr) (mo , day, yr) 2-story buck warehouse, or common stock, 200 shs MLC Co ) D - Donation , 1a Publicl y traded securities 01/01/10 06/30/10 b c d e Depreciation allowed (g) Cost or other basis (h) Gain or (loss) (e) Gross sales puce (f) (or allowable) plus expense of sale (e) plus (f) minus (g) a 6,359,840. b c d e Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (I) Gains (Col (h) gain minus (k), not less than -0-) or (J) Adjusted basis (k) Excess of col (i) col but Losses (from col (h)) (I) F M V as of 12/31/69 as of 12/31/69 over col (I), if any a 6,359,840. 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 1, line 7 2 6,359,840. 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) If ( loss ), enter -0- in Part l line 8 3 N/A 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? 0 Yes M 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) ( d ) Distribution ratio Base period years Calendar year or tax ear be imm^ in Adj usted q ualify( ing distributions Net value of noncha)ntable-use assets (col (b) divided by col (c)) 2009 5 ,855,241.