Form 990- PF Return of Private Foundation
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of Private OMB No 1545-0052 Form 990- PF Return Foundation or Section 4947(a)(1) Nonexempt Charitable Trust Department of the Treasury Treated as a Private Foundation 2010 Internal Revenue Service Note The foundation may be able to use a copy of this return to satisfy state reporting requirements For calendar year 2010 , or tax year beginning , 2010 , and ending , 20 January 1 December 31 10 G Check all that apply: q Initial return q Initial return of a former public charity q Final return q Amended return q Address change q Name change Name of foundation A Employer identification number Mustard Seed Foundation 57-074891 4 Number and street (or P 0 box number if mail is not delivered to street address) Room/suite B Telephone number (see page 10 of the instructions) 7115 Leesburg Pike 304 703-524-5620 City or town, state, and ZIP code C If exemption application q is pending, check here ► Falls Church , VA 22043 D 1. Foreign q organizations, check here ► H Check type of organization. 21 Section 501 (c)(3) exempt private foundation 2 Foreign organizations meeting the 85% test, check here and q q Section 4947(a)(1) nonexempt charitable trust q Other taxable private foundation attach computation ► q E If private foundation status was terminated under I Fair market value of all assets at J Accounting method' Cash 0 Accrual section 507(b)(1)(A), q check here ► end of year (from Part II, col (c), q Other (specify) F If the foundation is in a 60-month termination line 16) $ under section q ► 576087 (Part I, column (d) must be on cash basis) 507(b)(1)(B), check here ► Analysis of Revenue and Expenses (The total of (a) Revenue and (d) Disbursements Net investment amounts in columns (b), (C), and (d) may not necessarily equal expenses per (b) (c) Adjusted net for charitable books income income purposes the amounts in column (a) (see page 11 of the Instructions)) (cash basis only) 1 Contributions, gifts, grants, etc , received (attach schedule) 994250 q 2 Check ► if the foundation is not required to attach Sch B 3 Interest on savings and temporary cash investments 30 30 4 Dividends and interest from securities . 5a Gross rents . c^a b Net rental income or (loss) 4) 6a Net gain or (loss) from sale of assets not on line 10 ( 13505) a b Gross sales price for all assets on line 6a 434140 ILD > 7 Capital gain net income (from Part IV, line 2) M 8 Net short-term capital gain . 9 Income modifications . w z 10a Gross sales less returns and allowances z b Less: Cost of goods sold c Gross profit or (loss) (attach schedule) 11 Other income (attach schedule) 12 Total. Add lines 1 throug h 11 992929 30 y 13 Compensation of officers, directors, trustees, etc 219656 14 Other employee salaries and wages . 195599 15 Pension plans, employee benefits . 827, ---- -, x 16a Legal fees (attach schedule) UJI b Accounting fees (attach schedule) . 631 ; > c Other professional fees (attach schedule) 17 Interest . 1-iv^ I ( 711 FUI y 18 Taxes (attach schedule) (see page 14 of the instructions) 3237 19 Depreciation (attach schedule) and depletion 605 an :- - Q 20 Occupancy . 1033 J f 21 Travel, conferences, and meetings . 39681 ca 22 Printing and publications . 820 t 23 Other expenses (attach schedule) . 335021 24 Total operating and administrative expenses. Add lines 13 through 23 . 936253 O 25 Contributions, gifts, grants paid 462599 4613666 26 Total expenses and disbursements. Add lines 24 and 25 556224 4613666 27 Subtract line 26 from line 12: a Excess of revenue over expenses and disbursements 436704 b Net investment income (if negative, enter -0-) 30 c Adjusted net income (if neg ative, enter -0-) For Paperwork Reduction Act Notice , see page 30 of the Instructions . Cat No 11289X Form 990-PF (2010) Form 990-PF (2010) Paae 2 Attached schedules and amounts in the description column Beginning of year End of year OM Balance Sheets should be for end-of-year amounts only (See instructions) (a) Book value (b) Book va lue (c) Fair M arket Value 1 Cash-non-interest-bearing 55189 575000 5750000 2 Savings and temporary cash investments . 25962 22 229 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 page 15 of the instructions) . 7 Other notes and loans receivable (attach schedule) ► Less allowance for doubtful accounts W ►------------------------------------- d 8 Inventories for sale or use . a 9 Prepaid expenses and deferred charges . 10a Investments-U.S. and state government obligations (attach schedule) b Investments-corporate stock (attach schedule) . 412666 C 0 c Investments-corporate bonds (attach schedule) . 11 Investments-land, buildings, and equipment- basis No Less. accumulated depreciation (attach schedule) ------------------------- ► ---------------------------- 12 Investments-mortgage loans . 13 Investments-other (attach schedule) . 14 Land, buildings, and equipment. basis ► ___________________________ 43043 Less accumulated depreciation (attach schedule) 3239 1437 1064 10645 ► ------------------------ 15 Other assets (describe ) ► ---------------------------------------------- 16 Total assets (to be completed by all filers-see the instructions Also, 1, item see page I) . 1238561 576087 5760874 17 Accounts payable and accrued expenses . 14239 18 Grants payable . 8504 2137 19 Deferred revenue . 20 Loans from officers, directors, trustees, and other disqualified persons .Lu 21 Mortgages and other notes payable (attach schedule) J 22 Other liabilities (describe ) ► ------------------------------------------- 23 Total liabilities (add lines 17 through 22) 8504 163771 q Foundations that follow SFAS 117, check here . ► 0 and complete lines 24 through 26 and lines 30 and 31. 0 24 Unrestricted . 123005 559710 25 Temporarily restricted . Co 26 Permanently restricted . q ° Foundations that do not follow SFAS 117 , check here ► LL and complete lines 27 through 31. 0 27 Capital stock, trust principal, or current funds . , 28 Paid-in or capital surplus, or land, bldg , and equipment fund y 29 Retained earnings, accumulated income, endowment, or other funds u) 30 Total net assets or fund balances Q (see page 17 of the instructions) . 123005 559710 Z 31 Total liabilities and net assetstfund balances (see page 17 of the instructions) . 1238561 5760874 OMM 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 1230057 2 Enter amount from Part I, line 27a . 2 4367046 3 Other increases not included in line 2 (itemize) 3 ► ---------------------------------------------------------------------- 4 Add lines 1, 2, and 3 . 4 5597103 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 II, column (b), line 30 . 6 ssa»ns Form 990-PF (2010) Form 990-PF (2010) Page 3 Capital Gains and Losses for Tax on Investment Income How (a) List and describe the kind(s) of property sold (e g , real estate, (b) acquired (c) Date acquired (d) Date sold P-Purchase 2-story brick warehouse, or common stock, 200 shs MLC Co) (mo,day, yr) (mo,day, yr) D-Donation is Common Stock , AES D various 12/31/10 b c d e (f) Depreciation allowed (g) Cost or other basis (h) Gain or (loss) (e) Gross sales price p p (g) (or allowable) lus ex ense of sale (e) plus (f) minus a 434140 4354908 ( 13505) b c d e Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (1) Gains (Col (h) gain minus (0) Adjusted basis (k) Excess of col (i) col (k), but not less than -0-) or F M V as of 12/31/69 () as of 12/31/69 over col (I), 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 ( 13505) 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 pages 13 and 17 of the instructions). l If (loss), enter -0- in Part I, line 8 . J 3 ji^lr 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? q Yes 0 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 page 18 of the instructions before making any entries. (a ) (d ) Base period years Distribution ratio Adjusted qualify ing distributions Net value of noncharitable- use assets Calendar year (or tax year beginning in) (col (b) divided by col (c)) 2009 479565 71567 6.700893144 2008 457298 49386 9 . 2595749 2007 8522471 99632 8.553906606 2006 795106 327073 2. 43096927 2005 712737 118181 0.603461793 2 Total of line 1, column (d) . 2 27.5488057 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 5.50976114 4 Enter the net value of noncharitable-use assets for 2010 from Part X, line 5 .