returnofprivate foundation -pf orsection 4947(a)(1...
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Return of Private Foundation OMB No 1545-0052
Form 990-PF or Section 4947(a)(1) Nonexempt Charitable Trust 20Department of the Treasury Treated as a Private FoundationInternal Revenue Service Note The foundation may be able to use a copy of this return to satis fy state re p ortin g re q uirements. Open to p u bl ic i nspect ionFor calendar year 2012 Q r tax year beginning . and ending
CC.
LL
CLI
C,
Name of foundation A Employer identification number
HERMAN E. & HELEN H. TURNER FOUNDATIONTRUST 65-6260563
Number and street (or P O box number if mail is not delivered to street address) Room/suite B Telephone number
5004 RIVERVIEW BLVD. WEST 941-756-9527City or town, state, and ZIP code C If exemption application is pending , check here
BRADENTON , FL 34209G Check all that apply: El initial return 0 Initial return of a former public charity D 1. Foreign organizations, check here
Final return Amended return
= Address chan g e Name chan g e2. Foreign organizations meeting the 85% test,
check here and attach computation ►
H Check type of organization: ® Section 501(c)(3) exempt private foundation E If private foundation status was terminatedSection 4947 ( a )( 1 ) nonexem p t charitable trust 0 Other taxable p rivate foundation under section 507(b)(1)(A), check here 10ii-
I Fair market value of all assets at end of year J Accounting method: ® Cash 0 Accrual F If the foundation is in a 60-month termination(from Part Il, col (c), line 16) 0 Other (specify) under section 507(b)(1)(B), check here
► $ 2 0 6 3 6 8 7 . (Part 1, 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
(a) Revenue andex enses er books
(b) Net investmentincome
(c) Adjusted netin m
(d) Disbursementsfor charitable purposes
necessarily equal the amounts in column (a)) p p co e (cash basis only)
1 Contributions, gifts, grants, etc., received
2 Check if (he foundation is rtt required to attach Sch 8
Interest on savings and temporary3 cash investments 15 , 234. 15 , 234. 15 2 3 4. t a t ement 14 Dividends and interest from securities 40 , 525. 40 , 525. 40 , 525. tatement 25a Gross rents
b Net rental income or (loss)
6a Net gain or (loss) from sale of assets not on line 10 34 , 454.3 Gross
b assets onl ine 6afor all 315,421.
j d 7 Capital gain net income (from Part IV, line 2) 34 , 454. -°C 8 Net short-term capital gain 0.
9 Income modifications - ^Iti'e< ', (' /11 VIGross sales less returns
10a and allowances
b Less Cost of goods sold -- - - - -
c Gross profit or (loss) >
11 Other income
12 Total Add lines 1 throu g h 11 90 , 213. 90 , 213. 55 759.13 Compensation of officers, directors, trustees , etc 30 , 000. 6 , 000. 6 000. 18 , 000.14 Other employee salaries and wages
15 Pension plans, employee benefits
16a Legal fees
a b Accounting fees
W c Other professional fees Stmt 3 9 , 828. 9 , 828. 0. 0.17 Interest
18 Taxes Stmt 4 1 , 441. 1 , 441. 0. 0.19 Depreciation and depletion
E 20 Occupancy
a 21 Travel, conferences, and meetings
r- 22 Printing and publications
0 23 Other expenses Stmt 5 819. 0 . 819. 0 .M 24 Total operating and administrative
CL expenses . Add lines 13 through 23 42 , 088. 17 , 269. 6 819. 18 , 000.0 25 Contributions, gifts, grants paid 205 , 300. 205 , 300.
26 Total expenses and disbursements.
Add lines 24 and 25 247 388. 17 , 269. 6 819. 223 300.27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements < 15 7 17 5 .b Net investment income (if negative, enter -0-) 72 , 944. 1C Adjusted net income (if negative, enter -0-) 48 , 9 4 0 .
12-05-12 LHA For Paperwork Reduction Act Notice , see instructions Form 990-PF (2012)
1 \ V\
10041108 350023 65 - 6260563 2012 . 03050 HERMAN E. & HELEN H. URNER 65-62601
I
HERMAN E. & HELEN H. TURNER FOUNDATIONForm 990-PF 19f1191 TRTT.qT A c - A'2 A (1' A '2 D- o
Part 11 Balance Sheets Attached schedules and amounts in the description Beginning of year End of yearcolumn should be for end -of-year amounts only (a) Book Va lue (b) Book Value (c) Fair Market Value
1 Cash - non-interest-bearing
2 Savings and temporary cash investments 68 , 075. 24 , 579. 24 , 579.3 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 ►
Less: allowance for doubtful accounts ►0Y 8 Inventories for sale or use
9 Prepaid expenses and deferred charges
a 10a Investments - U.S. and state government obligations
b Investments - corporate stock Stmt 6 1 , 500 , 920. 1 , 387 , 914. 1 , 854 , 798.c Investments - corporate bonds Stmt 7 180 , 756. 180 , 756. 183 , 542.
11 Investments - land, buildings , and equipment basis ►
Less accumulated depreciation ►
12 Investments - mortgage loans
13 Investments - other
14 Land, buildings, and equipment: basis ►Less accumulated depreciation ►
15 Other assets (describe ► Statement 8 947. 768. 768.
16 Total assets to be com p leted b y all filers 1 , 750 , 698. 1 , 594 , 017. 2 , 063 , 687.17 Accounts payable and accrued expenses 783. 712.
18 Grants payable
cn 19 Deferred revenue
•`-' 20 Loans from officers, directors, trustees, and other disqualified persons
m 21 Mortgages and other notes payable
22 Other liabilities (describe ► INCOME TAX PAYABLE ) 0. 565.
23 Total liabilities ( add lines 17 throu g h 22 ) 783. 1 , 277.Foundations that follow SFAS 117, check here ►and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted
v 25 Temporarily restricted
m 26 Permanently restricted
r_Foundations that do not follow SFAS 117, check here ►
itLL and complete lines 27 through 31.
y 27 Capital stock, trust principal, or current funds 1 , 749 , 915. 1 , 592 740.28 Paid-in or capital surplus, or land, bldg., and equipment fund 0. 0.
a 29 Retained earnings, accumulated income, endowment, or other fu nds 0. 0
Z 30 Total net assets or fund balances 1 , 749 , 915. 1 , 592 740.
31 Total liabilities and net assets/fund balances 1 , 750 , 698. 1 , 594 . 017.
PartIII 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 1 , 749 , 915 .2 Enter amount from Part I, line 27a 2 <157 175 .3 Other increases not included in line 2 (itemize) ► 3 04 Add lines 1, 2, and 3 4 1 , 592 740 .5 Decreases not included in line 2 (itemize) ► 5 06 Total net assets or fund balances at end of year (line 4 minus line 51- Part II. column (h). line 30 R 1 S 9 9 7 . (1 -
223511Form 990-PF (2012)
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210041108 350023 65-6260563 2012.03050 HERMAN E. & HELEN H. TURNER 65-62601
HERMAN E. & HELEN H. TURNER FOUNDATIONForm 990-PF (2012) TRUST 65-6260563 Page 3Part 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 acquiredD - PurchaseD - Donation
Date acquired(mo., day, yr)
(d) Date sold(mo., day, yr.)
la
b See Attached Statementc
d
e
(e) Gross sales price (f) Depreciation allowed(or allowable)
(g) Cost or other basisplus expense of sale
(h) Gain or (loss)(e) plus (f) minus (g)
a
b
Cd
e 315 , 421. 1 1 280 967. 34 , 454.Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (I) Gains (Col. (h) gain minus
(i) F.M.V. as of 12/31/69(1) Adjusted basisas of 12/31/69
(k) Excess of col (i)over col. (I), if any
col.(k), but (from
lesscol. (h-0 -)
or
a
b
Cd
e 34 , 454.
2 Capital gain net income or (net capital loss)If gain, also enter in Part I, line 7If (loss), enter -0- in Part I, line 7 2 34 , 454.
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 I line 8 3 0.
I Fart v tduailTication under Section 4W4U(e) Tor lieaucea I ax 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 ® No
If"Yes,' the foundation does not quality 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 periiod yearsCalendar year ( or tax year beginning in ) Adjusted (bq uali fy in g distributions (c)Net value of noncharitable-use assets
Distributtiion ratio(col. (b) divided by col. (c))
2011 222 575. 1 , 980 , 253. .1123972010 234 795. 2 , 051 , 144. .1144702009 223 940. 2 , 080 , 152. .1076562008 162 524. 1 , 329 , 286. .1222642007 246 739. 3 , 073 , 541. .080278
2 Total of line 1, column (d) 2 . 5 3 7 0 6 5
3 Average distribution ratio for the 5-year base period - divide the total on line 2 by 5,
the foundation has been in existence if less than 5 years
or by the number of years
3 .107413
4 Enter the net value of noncharitable - use assets for 2012 from Part X, line 5 4 2 , 022 , 260.
5 Multiply line 4 by line 3 5 217 , 217.
6 Enter 1% of net investment income (1% of Part I, line 27b) 6 729.
7 Add lines 5 and 6 7 217 , 946.
8 Enter qualifying distributions from Part XII, line 4 8 223, 300.
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1 b, and complete that part using a 1% tax rate.See the Part VI instructions.
223521 12-05-12 Form 990-PF (2012)
310041108 350023 65-6260563 2012.03050 HERMAN E. & HELEN H. TURNER 65-62601
HERMAN E. & HELEN H. TURNER FOUNDATIONorm 990-PF ( 2012 ) TRUST 65- 6 260563 Page 4Part VI Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948 - see instructions)la Exempt operating foundations described in section 4940(d)(2), check here ►0 and enter "N/A" on line 1.
Date of ruling or determination letter: ( attach copy of letter if necessary - see instructions)
b Domestic foundations4hat meet the section 4940(e) requirements in Part V, check here ►® and enter 1% 1 729.
of Part I, line ?7b
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 3 729.
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- 5 729.
6 Credits/Payments:
a 2012 estimated tax payments and 2011 overpayment credited to 2012 6a 164.b Exempt foreign organizations - tax withheld at source 6b
c Tax paid with application for extension of time to file (Form 8868) 6c
d Backup withholding erroneously withheld 6d
7 Total credits and payments. Add lines 6a through 6d 7 164.8 Enter any penalty for underpayment of estimated tax. Check here ® if Form 2220 is attached 8 4.
9 Tax due If the total of lines 5 and 8 is more than line 7, enter amount owed ► 9 569.10 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 2013 estimated tax 10, Rl Refunded lo, 11Part VII-A Statements Regarding Activities
1a During the tax year, did the foundation attempt to influence any national, state, or local legislation or did it participate or intervene in Yes No
any political campaign? la X
b Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see instructions for definition)? lb X
If the answer is "Yes" to la 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? is X
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 X
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 X
4a Did the foundation have unrelated business gross income of $1,000 or more during the year? 4a X
b If "Yes," has it filed a tax return on Form 990-T for this year? N/A 4b
5 Was there a liquidation, termination, dissolution, or substantial contraction during the year? 5 X
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 instrument9 6 X
7 Did the foundation have at least $5,000 in assets at any time during the year? 7 X
If "Yes, " complete Part ll, col (c), and Part XV.
8a Enter the states to which the foundation reports or with which it is registered (see instructions) ► None
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 G7 If "No,' attach explanation 8b X
9 Is the foundation claiming status as a private operating foundation within the meaning of section 4942(I)(3) or 4942(I)(5) for calendar
year 2012 or the taxable year beginning in 2012 (see instructions for Part XIV)? If "Yes, " complete Part XIV 9 X
10 Did any p ersons become substantial contributors durin g the tax year? If "Yes , " attach a schedule lislin their names and addresses 10 X
Form 990-PF (2012)
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410041108 350023 65-6260563 2012.03050 HERMAN E. & HELEN H. TURNER 65-62601
HERMAN E. & HELEN H. TURNER FOUNDATIONForm 990-PF ( 2012 ) TRUST 65-6260563 Pa e 5Part 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 X12 Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had advisory privileges?
If "Yes," attactt statement ( see instructions) 12 X13 Did the foundation comply with the public inspection requirements for its annual returns and exemption application9 13 X
Website address ► N/A
14 The books are in care of ► RICHARD E. TURNER , SR. Telephone no. ► 9 41 - 7 4 8 - 8161Locatedat ► 5004 RIVERVIEW BLVD. WEST , BRADENTON , FL ZIP+ 4 ►34209
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 N/A
16 At any time during calendar year 2012, did the foundation have an interest in or a signature or other authority over a bank, Yes No
securities, or other financial account in a foreign country 16 XSee the instructions for exceptions and filing requirements for Form TD F 90- 22.1. If "Yes," enter the name of the foreign
Part VII-B Statements Regarding Activities for Which Form 4720 May Be RequiredFile Form 4720 if any item is checked in the "Yes" column , unless an exception applies. Yes No
la 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' 0 Yes ® No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? El 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) 0 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.) 0 Yes ® No
b If any answer is "Yes" to la(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)? N/A lbOrganizations relying on a current notice regarding disaster assistance check here ►0
c Did the foundation engage in a prior year in any of the acts described in la, other than excepted acts, that were not corrected
before the first day of the tax year beginning in 20127 is X2 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(I)(5)):
a At the end of tax year 2012, did the foundation have any undistributed income (lines 6d and 6e, Part XIII) for tax year(s) beginning
before 2012? Yes ® NoIf "Yes," list the years ►
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.) N/A 2bc If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
►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 2012 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 2012.) N/A 3b
4a Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes? 4a X
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 jeo p ard y before the first day of the tax year beginning in 20127 4b X
Form 990-PF (2012)
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510041108 350023 65-6260563 2012.03050 HERMAN E. & HELEN H. TURNER 65-62601
HERMAN E. & HELEN H. TURNER FOUNDATIONForm 990-PF (2012 ) TRUST 65-62 60563 Pa e 6Part 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:
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? 0 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? 0 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
509(a)(1), (2), or (3), or section 4940(d)(2)? 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)? N/A 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? N/A Yes 0 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? 0 Yes ® No
b Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? 6b X
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 an y p roceeds or have any net income attributable to the transaction? N /A 7b
Part VIII Information About Officers , Directors, Trustees , Foundation Managers, Highly0 Paid Employees, and Contractors1 List all officers, directors, trustees, foundation managers and their compensation.
(a) Name and address(b) Title, and average
hours per week devotedto position
(c) Compensation( If not paid,enter - 0 -)
(dContributionst oemployee
andbenef^tdeterred
plans
compensation
(e) Expenseaccount, otherallowances
RICHARD E. TURNER , SR. O-TRUSTEE5004 RIVERVIEW BLVD. WESTBRADENTON , FL 34209 15.00 20 , 000. 0. 0.RICHARD E. TURNER , JR. 0-TRUSTEE529 68TH STREETHOLMES BEACH , FL 34217 15.00 10 , 000. 0. 0.
Z Gompensatton of live nignest-aaia emotovees (otner than tnose mcluaed on line 1). it none. enter "NONE."
(a) Name and address of each employee paid more than $50,000(b) Title, and average
hours per weekdevoted to position
(c) Compensation( d)Contributmnsto
emp andedeterredplanscompensation
(e) Exp enseaccount, otherallowances
NONE
Total number of other employees paid over $50,000 ► 1 0Form 990-PF (2012)
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610041108 350023 65-6260563 2012.03050 HERMAN E. & HELEN H. TURNER 65-62601
HERMAN E. & HELEN H. TURNER FOUNDATIONForm 990-PF (2012) TRUST 65-6260563 Page 7
Part VIII Information About Officers , Directors, Trustees , Foundation Managers, HighlyPaid Employees , and Contractors (continued)
3 Five highest-paid independent contractors for professional services. 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 receivin g over $50 , 000 for p rofessional services ► 0Part 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 thenumber of organizations and other beneficiaries served, conferences convened, research papers produced, etc.
Expenses
1ST. STEPHEN EPISCOPAL SCHOOL , BRADENTON , FL
100 000.2UNITED WAY OF MANATEE COUNTY , BRADENTON , FL
15 , 000.3AMERICAN RED CROSS , BRADENTON , FL
10 , 000.4JUST FOR GIRLS INC. , BRADENTON , FL
10 , 000.Part IX-B Summary of Program-Related InvestmentsDescribe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1 N/A
2
All other program-related investments. See instructions.
3
Total . Add lines 1 through 3 0.
Form 990-PF (2012)
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710041108 350023 65 - 6260563 2012.03050 HERMAN E. & HELEN H. TURNER 65-62601
HERMAN E. & HELEN H. TURNER FOUNDATIONForm 990-PF (2012) TRUST 65-6260563 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 la 2 , 014 , 411.b Average of mogthly cash balances lb 38 , 645.c Fair market value of all other assets 1c
d Total (add lines la, b, and c) id 2 , 053 056 .e Reduction claimed for blockage or other factors reported on lines la and
1c (attach detailed explanation) le 0.
2 Acquisition indebtedness applicable to line 1 assets 2 0 .
3 Subtract line 2 from line ld 3 2 , 05 3 056 .4 Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see instructions) 4 30 796 .
5 Net value of noncharitable - use assets Subtract line 4 from line 3. Enter here and on Part V, line 4 5 2 , 022 260 .
6 Minimum investment return . Enter 5% of line 5 6 101. 113 .
Part XIDistributable Amount (see instructions) (Section 4942(l)(3) and (j)(5) private operating foundations and certainforeign organizations check here ► ® and do not complete this part.)
1 Minimum investment return from Part X, line 6 1
2a Tax on investment income for 2012 from Part VI, line 5 2a
b Income tax for 2012. (This does not include the tax from Part VI.) 2b
c Add lines 2a and 2b 2c
3 Distributable amount before adjustments. Subtract line 2c from line 1 3
4 Recoveries of amounts treated as qualifying distributions 4
5 Add lines 3 and 4 5
6 Deduction from distributable amount (see instructions) 6
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 is 223 , 300.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 la through 3b. Enter here and on Part V, line 8, and Part XIII, line 4 4 223 , 300.5 Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
income. Enter 1% of Part I, line 27b 5 729.6 Adjusted qualifying distributions Subtract line 5 from line 4 6 222 , 571.
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 section4940(e) reduction of tax in those years.
Form 990-PF (2012)
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and on Part XIII. line 1
810041108 350023 65-6260563 2012.03050 HERMAN E. & HELEN H. TURNER 65-62601
Form 990-PF (2012) Page 9
Part XIII Undistributed Income (see instructions)N/A
1 Distributable a[nount for 2012 from Part XI,
llne7
2 Undistributed income , if any , as of the end of 2012
a Enter amount for 2011 only
b Total for prior years:
3 Excess distributions carryover, if any, to 2012:
a From 2007
b from 2008
c From 2009
d From 2010
e From 2011
f Total of lines 3a through e
4 Qualifying distributions for 2012 from
Part XI I, line 4: ► $
a Applied to 2011, but not more than line 2a
b Applied to undistributed income of prior
years (Election required - see instructions)
c Treated as distributions out of corpus
(Election required - see instructions)
d Applied to 2012 distributable amount
e Remaining amount distributed out of corpus
5 Excess distributions carryover applied to 2012(It an amount appears in column (d), the same amount
must be shown in column (a) )
6 Enter the net total of each column asindicated below
a Corpus Add lines 3f , 4c, and 4e Subtract line 5
b Prior years' undistributed income. Subtract
line 4b from line 2b
c Enter the amount of prior years'undistributed income for which a notice ofdeficiency has been issued, or on whichthe section 4942(a) tax has been previouslyassessed
d Subtract line 6c from line 6b. Taxable
amount - see instructions
e Undistributed income for 2011. Subtract line
4a from line 2a. Taxable amount - see instr.
f Undistributed income for 2012. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2013
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3)
8 Excess distributions carryover from 2007
not applied on line 5 or line 7
9 Excess distributions carryover to 2013
Subtract lines 7 and 8 from line 6a
10 Analysis of line 9:
a Excess from 2008
b Excess from 2009
c Excess from 2010
d Excess from 2011
e Excess from 2012
22358112-05-12
(a) (b)Corpus Years prior to 2011
(c) (d)2011 2012
Form 990-PF (2012)
910041108 350023 65-6260563 2012.03050 HERMAN E. & HELEN H. TURNER 65-62601
HERMAN E. & HELEN H. TURNER FOUNDATIONForm 990-PF (2012) TRUST 6 5 - 6 2Part XIV Private Operating Foundations (see instructions and Part VII-A, question 9)1 a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2012, enter the date of the ruling ► 0 4 / 2 2 / 9 9
b Check box to indicate whether the foundation is a rivate o eratin foundation described in section ® 4942(1)(3) or
2 a Enter the lesser of the adjusted net Tax year Prior 3 years
income from Part I or the minimum (a) 2012 (b) 2011 (c) 2010
investment return from Part X for
each year listed 48 , 940. 10 , 998. 16 , 049.b 85%ofline2a 41 , 599. 9 , 348. 13 , 642.c Qualifying distributions from Part XII,
line4foreachyearlisted 223 300. 223 000. 234 950.d Amounts included in line 2c not
used directly for active conduct of
exempt activities 0. 0. 0.e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c 223 300. 223 000. 234 950.3 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 qualifyingunder section 4942(I)(3)(B)(i)
b "Endowment" alternative test - enter2/3 of minimum investment returnshown in Part X, line 6 for each yearlisted 67 , 409. 66 , 009. 68 , 371.
c 'Support' alternative test - enter:
(1) Total support other than grossinvestment income (interest,dividends, rents, payments onsecurities loans (section512(a)(5)), or royalties)
(2) Support from general publicand 5 or more exemptorganizations as provided insection 4942(t)(3)(B)(u)
(3) Largest amount of support from
an exempt organization
(4) Gross investment income
0.
Part XV I Supplementary Information (Complete this part only if the foundation had $5,000 or more in assetsat any time during the year-see instructions.)
I 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 taxyear (but only if they have contributed more than $5,000). (See section 507(d)(2).)
None
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 orother entity) of which the foundation has a 10% or greater interest.
None2 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. Ifthe foundation makes gifts, grants, etc. (see instructions) to individuals or organizations under other conditions, complete items 2a, b, c, and d.
a The name, address, and telephone number or e-mail of the person to whom applications should be addressed:
b The form in which applications should be submitted and information and materials they should include:
c Any submission deadlines:
d Any restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other factors:
10
(d) 2009 I ( e) Total
19 465. 95 , 452.16,545. 81.134.
224,000.1 905,250.
224,000.1 905,250.
223601 12-05-12 Form 990-PF (2012)
1010041108 350023 65-6260563 2012.03050 HERMAN E. S. HELEN H. TURNER 65-62601
HERMAN E. & HELEN H. TURNER FOUNDATIONTRUST 65-6260563 Page11
n3 Grants and Cnntrihijtinnc Paid 1'Lirinn the Vanr nr Annrnvaei fnr Fi.tnra Pavmont
Recipient If recipient is an individual,show any relationship to Foundation Purpose of grant or
Name and address (home or business) any foundation manageror substantial contributor
status ofrecipient
contribution Amount
a Paid during the year
AMERICAN RED CROSS ONE CHARITABLE
BRADENTON . FL 10 000.
BOYS AND GIRLS CLUBS OF MANATEE ONE HARITABLE
COUNTY
BRADENTON FL 10 , 000.
CHURCH OF THE ANNUNCIATION ONE HARITABLE
BRADENTON FL 10 , 000.
COMMUNITY COALITION OF HOMELESS CORP, ONE HARITABLE
BRADENTON FL 10 , 000.
ENTRE NOUS CLUB INC ONE HARITABLE
BRADENTON FL 10 000
Total See continuation sheet s ► 3a 205 300
b Approved for future payment
None
Total ► 3b 1 0 .
Form 990-PF (2012)22361112-05-12
1110041108 350023 65-6260563 2012.03050 HERMAN E. & HELEN H. TURNER 65-62601
HERMAN E. & HELEN H. TURNER FOUNDATIONForm 990-PF (2012) TRUST 65-6260563 Page 12
Part XVI-A Analysis of Income - Producing Activities
Enter i
1 Pro
a
b
c
d
e
f
9
2 Me
3 Int
inv
4 Div
5 Net
a
b
6 Net
pro
7 0th
8 Gai
tha
9 Net
10 Gr
11 0th
a
b
e
d
e
12 Sub
Iross amounts unless otherwise indicated Unrelate d business income Excluded by section 512, 513, or 514 (e).
gram servic@ revenue:Businesscode Amount
cEsoncode
(d)Amount
Related or exemptfunction income
Fees and contracts from government agencies
mbership dues and assessments
rest on savings and temporary cashestments 15 , 234.idends and interest from securities 40 , 525.rental income or (loss) from real estate:
Debt-financed property
Not debt-financed property
rental income or (loss) from personal
perty
er investment incomen or (loss) from sales of assets othern inventory 34 , 454.income or (loss) from special events
ss profit or (loss) from sales of inventory
er revenue:
total. Add columns (b), (d), and (e) 0. 1 0. 1
B
o
90 , 213 .13 Total Add line 12, columns (b), (d), and (e) 13 90,213.(See worksheet in line 13 instructions to verify calculations.)
Part XVI-B Relationship of Activities to the Accomplishment of Exempt Purposes
Line Noy
Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to the accomplishment ofthe foundation's exempt purposes (other than by providing funds for such purposes).
3 INCOME EARNED IS PASSED OUT TO CHARITABLE ORGANIZATION4 INCOME EARNED IS PASSED OUT TO CHARITABLE ORGANIZATION8 INCOME EARNED IS PASSED OUT TO CHARITABLE ORGANIZATION
1zo512 Form 990-PF (2012)12
10041108 350023 65-6260563 2012.03050 HERMAN E. & HELEN H. TURNER 65-62601
HERMAN E. & HELEN H. TURNER FOUNDATIONForm 990-PF 2012 TRUST 65-6260563 Pa ge 13Part 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) of Yes No
the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations'
a Transfers from the reporting foundation to a noncharitable exempt organization of
(1) Cash la ( l ) X
(2) Other assets la ( 2 ) X
b Other transactions:
(1) Sales of assets to a noncharitable exempt organization lb ( l ) X
(2) Purchases of assets from a noncharitable exempt organization lb ( 2 ) X
(3) Rental of facilities, equipment, or other assets lb ( 3 ) X
(4) Reimbursement arrangements lb ( 4 ) X
(5) Loans or loan guarantees lb ( 5 ) X
(6) Performance of services or membership or fundraising solicitations lb ( 6 ) X
c Sharing of facilities, equipment, mailing lists, other assets, or paid employees 1c X
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, ot
or services given by the reporting foundation. If the foundation received less than fair market value in any transaction or sharing arrangement, sh
her ass
ow in
ets,
(a) Name of organization (b) Type of organization (c) Description of relationship
N/A
SignHere
Paid
Under penalties of perjury, I declare that I have examined this hALand belie e, c ct, and co eclaratio
xSl ature of officer or trustee
Prlnt/Type preparers name
James D. Gentile
Lm, including accompanying schedules and statements, and to the best of my knowledgeMa the IRS discuss this
r than taxpayer) is
Date
ar Ignature
1
0
9.
rreparer Firm's name ► Cabl i sh & Gent le, CPAsUse Only V
Firm 'saddress ► 4855-27th Street WestBradenton FL 34207
22362212-05-12
10041108 350023 65-6260563 2012.03050
2a Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations described
in section 501(c) of the Code ( other than section 501(c)(3)) or in section 5279 0 Yes ® No
h If "Yes' cmmnlete the fnllnwlnn srhedule
HERMAN 'E. & HELEN H. TURNER FOUNDATION Continuation for 990-PF, Part IV
TRUST 65-6260563 Pa e 1 of 1Part 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 acquiredD- Purchase
- Donation
(c) Date acquired(mo., day, yr.)
(d) Date sold(mo., day, yr.)
laCENTURYLINK INC P Various 01/27/12b WW GRAINGER P 08/27/09 01/27/12c WALGREEN CO P 03/20/02 01/27/12dUSB CAP'X PFD 6.5% P Various 02/22/12eROGERS INTL COMMODITY INDEX P 02/04/11 12/11/12fCHUBB CORP P 07/31/06 12/11/12g GE CAP CORP PFD 6.05% P 09/29/11 12/11/12hPPG INDUSTRIES , INC P 11/07/05 12/11/12i SOUTHERN CO P 07/26/04 12/11/12STANLEY BLACK & DECKER P 08/11/08 12/11/12
kCa ital Gains DividendsI
mn
0
(e) Gross sales price (f) Depreciation allowed(or allowable)
(g) Cost or other basisplus expense of sale
(h) Gain or (loss)(e) plus (f) minus (g)
a 36 , 991. 44 , 011. <7 , 020.b 33 , 822. 15 , 510. 18 , 312.c 25 , 508. 29 , 775. .<4 , 267.d 125 000. 113 261. 11 , 739.e 20 , 514. 23 , 069. <2 , 555.
15 , 398. 10 , 083. 5 , 315.25 , 381. 25 , 470. <89.
h 12 , 469. 5 , 991. 6 , 478.13 , 104. 8 , 845. 4 , 259.7 , 214. 4 , 952. 2 , 262.
k 20. 20.
mn
0Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (I) Losses (from col. (h))
(i) F.M.V. as of 12/31/69(j) Adjusted basisas of 12/31/69
(k) Excess of col. (i)over col. (i), if any
Gains (excess of col. (h) gain over col. (k),but not less than "-0-')
a <7 , 020.b 18 , 312.c <4 , 267.d 11 , 739.e <2 , 555.f 5 315.
<89.h 6 , 478.
4 , 259.2 , 262.
k 20.
m
n
0
2 Capital ain net income or net capital lossIf gain, also enter in Part I, line 7
9 ( ) ^ If (loss), enter °-0 " in Part I, line 7 ) 2 34 , 454.
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 I, line 8 3 0.
22359105-01-12
1410041108 350023 65-6260563 2012.03050 HERMAN E. & HELEN H. TURNER 6 5-6 2601
HERMAN E. & HELEN H. TURNER FOUNDATIONTRUST 65-6260563
Part XV Supplementary Information3 Grants and Contributions Paid During the Year (Continuation)
Recipient If recipient is an individual,show any relationship to Foundation Purpose of grant or
Name and address (home or business) any foundation manageror substantial contributor
status ofrecipient
contribution Amount
FAMILY PARTNERSHIP CENTER
BRADENTON FL
90NE CHARITABLE
7 500.
FOUNDATION FOR DREAMS, INC,
BRADENTON FL
ONE HARITABLE
7 , 500.
JUST FOR GIRLS-MANATEE COUNTY GIRLS
CLUB
BRADENTON FL
ONE CHARITABLE
10000.
MANATEE COMMUNITY FOUNDATION
BRADENTON . FL
40NE CHARITABLE
5 , 300.
SERVICE CLUB OF MANATEE COUNTY
BRADENTON . FL
ONE HARITABLE
10 000 ,
ST. STEPHENS EPISCOPAL SCHOOL
BRADENTON FL
ZONE MARITABLE
100000.
UNITED WAY OF MANATEE COUNTY
BRADENTON FL
ONE HARITABLE
15 000
Total from continuation sheets 155 300
22363105-01-12
1510041108 350023 65-6260563 2012.03050 HERMAN E. & HELEN H. TURNER 65-62601
HERMAN E. & HELEN H. TURNER FOUNDATION T 65-6260563
Form 990-PF Interest on Savings and Temporary Cash Investments Statement 1
Source
CHARLES SCHWAB & CO
Total to Form 990-PF, Part I, line 3, Column A
Amount
15,234.
15,234.
Form 990-PF Dividends and Interest from Securities Statement 2
Capital Gains Column (A)Source Gross Amount Dividends Amount
CHARLES SCHWAB & CO 40,545. 20. 40,525.
Total to Fm 990-PF, Part I, In 4 40,545. 20. 40,525.
Form 990-PF Other Professional Fees Statement 3
Description
Investment AdvisoryFees-Peninsula Assets
To Form 990-PF , Pg 1, In 16c
(a) (b) (c) (d)Expenses Net Invest- Adjusted CharitablePer Books ment Income Net Income Purposes
9,828. 9,828. 0. 0.
9,828. 9,828. 0. 0.
Form 990-PF Taxes Statement 4
Description
FOREIGN TAXESFEDERAL INCOME TAXES ONINVESTMENT INCOME
To Form 990-PF, Pg 1, In 18
(a) (b) (c)Expenses Net Invest- AdjustedPer Books ment Income Net Income
712. 712. 0
729. 729. 0
1,441. 1,441. 0.
(d)CharitablePurposes
0.
0.
0.
16 Statement(s) 1, 2, 3, 410041108 350023 65-6260563 2012.03050 HERMAN E. & HELEN H. TURNER 65-62601
HERMAN E. & HELEN H. TURNER FOUNDATION T 65-6260563
Form 990-PF Other Expenses Statement 5
(a) (b) (c) (d)Expenses Net Invest - Adjusted Charitable
Description Per Books ment Income Net Income Purposes
OFFICE EXPENSE 124. 0. 124. 0.MEMBERSHIP DUES 695. 0. 695. 0.
To Form 990-PF, Pg 1, In 23 819. 0. 819. 0.
Form 990-PF Corporate Stock Statement 6
Fair MarketDescription Book Value Value
SEE SCHEDULE ATTACHED- PENINSULA ASSET MGT. 1,387,914. 1,854,798.
Total to Form 990-PF, Part II, line 10b 1,387,914. 1,854,798.
Form 990-PF Corporate Bonds Statement 7
Fair MarketDescription Book Value Value
SEE SCHEDULE ATTACHED- PENINSULA ASSET MGT. 180,756. 183,542.
Total to Form 990-PF, Part II, line 10c 180,756. 183,542.
Form 990-PF Other Assets Statement 8
Description
ESTIMATED INCOME TAXDIVIDEND RECEIVABLENON-TAXABLE DISTRIBUTIONRECEIVABLE
To Form 990-PF, Part II, line 15
Beginning of End of Year Fair MarketYr Book Value Book Value Value
164. 0. 0.783. 566. 566.
0. 202. 202.
947. 768. 768.
17 Statement(s) 5, 6, 7, 810041108 350023 65-6260563 2012.03050 HERMAN E. & HELEN H. TURNER 65-62601
Quantity Security
COMMON STOCK325.000 3M Company
800.000 Archer-Daniels-MidlandCompany
800.000 Auto Data Processing
400.000 Becton, Dickinson &
Company1,000.000 Bemis Company300.000 Brown Forman Corp CL
B335.000 C.R. Bard Inc.
1,000.000 CenturyLink, Inc600.000 Chubb Corp.400.000 Cognizant Technology
Solutions Corp.
500.000 Cohen Steers Realty
Ishares
425.000 Dover Corp.
500.000 Ecolab Inc.650.000 Emerson Electric
Company
425.000 Exxon Mobil Corp.
900.000 Hormel Foods Corp.
The market value of securities have been obtained from vat bus
reliable quotation services and can not be guaranteed by P.A M
Pricing may differ from your custodian
Peninsula Asset Management, Inc.PORTFOLIO APPRAISAL - SETTLED TRADES
Turner, Herman E. & Helen H. Foundation 5/19/92
Account 4301-4065 (CS)Richard E. Turner, Sr. & Richard E. Turner, Jr., TTEES
December 31, 2011
Unit Total Market Pct. Unit Annual Cur.
Cost Cost Price Value Assets Income Income Yield
83.69 27,198.29 81.73 26,562.25 1.3 2.200 715.00 2.722.10 17,683.48 28.60 22,880.00 1.1 0.700 560.00 2.4
40.10 32,077.29 54.01 43,208.00 2.1 1.580 1,264.00 2.964.74 25,895.95 74.72 29,888.00 1.5 1800 720.00 2.4
29.77 29,769.15 30.08 30,080.00 1.5 0.960 960.00 3.276.11 22,833.07 80.51 24,153.00 1.2 1.400 420.00 1.7
65.39 21,904.48 85.50 28,642.50 1.4 0.760 254.60 0.944.01 44,010.98 37.20 37,200.00 1.8 2.900 2,900.00 7.850.41 30,247.96 69.22 41,532.00 2.0 1.560 936.00 2.3
34.70 13 880.58 64.31 i5,724.00 1.3 0.000 0.00 0.0
62.20 31,097.68 70.22 35,110.00 1.7 2.085 1,042.36 3.0
54.84 23,306.73 58.05 24,671.25 1.2 1.260 535.50 2.2
46.90 23,452.15 57.81 28,905.00 1.4 0.800 400.00 1.440.55 26,357.00 46.59 30,283.50 1.5 1.600 1,040.00 3.4
45.21 19,214.23 84.76 36,023.00 1.8 1.880 799.00 2.224.78 22,305.82 29.29 26,361.00 1.3 0.600 540.00 2.0
t
Quantity Security
235.000 IBM Corp.500.000 Johnson & Johnson
1,000.000 Lowe's Companies, Inc.
1,500.000 MSCI EAFE Ishares
3,900.000 MSCI EmergingMarkets Ishares
850.000 Oracle Corporation
400.000 P P G Industries Inc.400.000 PepsiCo Inc.
1,350.000 Questar Corp.
12,400.000 Rogers Int'l CommodityIndex
1,600.000 S&P Mid Cap 400Ishares
1,350.000 S&P Small Cap 600
Ishares500.000 Schlumberger Ltd.450.000 Sigma Aldrich Corp.
1,200.000 Southern Company
500.000 Stanley Black & Decker550.000 Stryker Corp.500.000 Target Corp.
The market value of securities have been obtained from various
reliable quotation services and cannot be guaranteed by P.A M.
Pricing may differ from your custodian
Peninsula Asset Management, Inc.PORTFOLIO APPRAISAL - SETTLED TRADES
Turner, Herman E. & Helen H. Foundation 5/19/92
Account 4301-4065 (CS)
Richard E . Turner, Sr. & Richard E. Turner, Jr., TTEESDecember 31, 2011
Unit Total Market Pct. Unit Annual
Cost Cost Price Value Assets Income Income
89.15 20,950. 11 183.88 43,211.80 2.1 3.000 705.00
56.02 28,010.43 65.58 32,790.00 1.6 2.280 1,140.0020.70 20,698.95 25.38 25,380.00 1.2 0.560 560.0058.86 88,287.57 49.53 74,295.00 3.6 1.710 2,565.3332.28 125,899.90 37.94 147,966.00 7.2 0.808 3,150.73
33.03 28,075.78 25.65 21,802.50 1.1 0.240 204.00
59.91 23,965.23 83.49 33,396.00 1.6 2.280 912.0050.77 20,309.47 66.35 26,540.00 1.3 2.060 824.00
17.88 24,133.35 19.86 26,811.00 1.3 0.650 877.508.33 103,353.56 8.51 105,524.00 5.2 0.000 0.00
70.17 112,265.38 87.61 140,176.00 6.8 1.115 1,784.60
57.11 77,098.27 68.30 92,205.00 4.5 0.700 944.39
27.53 13,763.19 68.31 34,155.00 1.7 1.000 500.0034.26 15,418.64 62.46 28,107.00 1.4 0.720 324.0029.18 35,013.95 46.29 55,548.00 2.7 1.890 2,268.00
49.52 24,759.90 67.60 33,800.00 1.7 1.640 820.0047.53 26,141.64 49.71 27,340.50 1.3 0.850 467.50
39.18 19,590.95 51.22 25,610.00 1.3 1.200 600.00
Cur.
Yield
1.6
3.522
3.52.1
0.9
2.73.1
3.3
0.0
1.3
1.0
1.5
1.2
4.12.4
1.7
2.3
(,, vT, )
2
Peninsula Asset Management, Inc.PORTFOLIO APPRAISAL - SETTLED TRADES
Turner, Herman E. & Helen H. Foundation 5/19/92Account 4301-4065 (CS)
Richard E. Turner, Sr. & Richard E. Turner, Jr., TTEESDecember 31, 2011
Unit Total Market Pct. Unit Annual Cur.
Quantity Security Cost Cost Price Value Assets Income Income Yield
600.000 Tortoise Energy 20.98 12,588.26 39.99 23,994.00 1.2 2.220 1,332.00 5.6Infrastructure Corp.
325.000 WW Grainger 88.63 28,804.60 187.19 60,836.75 3.0 2 640 858.00 14
750.000 Walgreen Company 39.70 29,774.96 33.06 24,795.00 1.2 0.900 675.00 27
1,290,138.95 1,575,507.05 76.9 34,598.51 2.2
PREFERRED STOCK4,000.000 GE Cap Corp pfd 6.05% 24.38 97,519.75 25.65 102,600.00 5.0 1 513 6,050.00 5.95,000.000 USB Cap X pfd 6.5% 22.65 113,260.85 25.49 127,450.00 6.2 1.625 8,125.00 64
04/12/66
210,780.60 230,050.00 11.2 14,175.00 6.2
STC?CK- 6tFGjW,j &CORPORATE BONDS
25,000 Walmart Notes 102.78 25,695.05 105.06 26,265.38 1.3 3.000 750.00 2.93.000% Due 02-03-14
25,000 Baxter Intl Notes 104.84 26,210.75 106.48 26,619.15 1.3 4.000 1,000.00 3.84.000% Due 03-01-14
25,000 DuPont Co. Notes 100.79 25,197.00 106.98 26,745.73 1.3 3.250 812.50 3.03.250% Due 01-15-15
25,000 Berkshire Hathaway 100.07 25,017.00 105.94 26,484.23 1.3 3.200 800.00 3.0
Notes
3.200% Due 02-11-15NT,IC
The market value of securities have been obtained from vat iousO
ielinble quotation services and cannot be guaranteed by P A M
Pi icing may differ from your custodian.
3
Peninsula Asset Management, Inc.PORTFOLIO APPRAISAL - SETTLED TRADES
Turner, Herman E. & Helen H. Foundation 5/19/92Account 4301-4065 (CS)
Richard E . Turner, Sr. & Richard E. Turner, Jr., TTEESDecember 31, 2011
Unit Total Market Pct. Unit
Quantity Security Cost Cost Price Value Assets Income
25,000 C R Bard, Inc. Notes 104.392.875% Due 01-15-16
25,000 Occidental Petrol 104.862.500% Due 02-01-16
25,000 Verizon 105.30Communications, Inc.3.000% Due 04-01-16
13L uOs -/3Elor&vAJiNG 4F yCAy2
CASH AND EQUIVALENTSSchwab US Treasury Money Fd
CIfEcle(NC, ACC7-,TUT AZ C1a-s w
The market value of securities have been obtained from various
reliable quotation services and cannot be guaranteed by P A M.
Pi icing may differ from your custodian
26,097.25 104.93 26,231.88 1.3 2.875
26,213.75 104.92 26,230.08 1.3 2.500
26,324.75 105.39 26,347.88 1.3 3.000
180,755.55 184,924.30 9.0
57,400.28
57,400.284,' L,7 4, 49^ S^ o n 5, Z'7
57,400 .28 2.8 0.016
57,400.28 2.8l0,eo7&1,49(,,0r5 Z7
Annual Cur.
Income Yield
718.75 2.7
625.00 2.4
750.00 2.8
5,456.25 3.0
5.74 0.0
5.74 0.0
4
S
Quantity Secu rity
COMMON STOCK325 000 3M Company
750.000 AT & T Corp
800 000 Archer-Daniels-Midland
Company
800.000 Auto Data Processing400.000 Becton, Dickinson &
Company
1,000.000 Beaus Company450 000 Brown Forman Corp CL
B
335 000 C R Bard Inc.
400 000 Chubb Corp725 000 Cincinnati Financial
400 000 Cognizant TechnologySolutions Corp
500 000 Cohen Steers Realty]shares
425 000 Dover Corp
500,000 Ecolab Inc
650 000 Emerson Electttc
Company
425 000 Exxon Mobil Corp
The maikct value of securities hav e been obtained fiorn vanouc
reliable quotation services and can not he guaranteed by I' A M
Pi icing may differ horn you tuslodian
Peninsula Asset Management, Inc.PORTFOLIO APPRAISAL - SETTLED'TRADES
Turner, Herman E. & Helen H. Foundation 5/19/92
Account 4301-4065 (CS)
Richard E. Turner, Sr. & Richard E. Turner, Jr., TTEESDecember 31, 2012
Unit Total Market Pct. Unit
Cost Cost Price Value Assets Income
Annual Cur.
Income Yield
83 69 27,198.29 92.85 30,176.25 1.5 2 540 925 50 2 7
29.85 22,388.58 33 71 25,282.50 1 2 1.800 1,350.00 5 3
22 10 17,683 48 27 39 21,912 00 1 1 0 760 608 00 2 8
40.10 32,077 29 56.93 45,544.00 22 1.740 1,39200 3.1
64 74 25,895 95 78 19 31,276 00 1 5 1.980 792 00 2 5
29 77 29,769 15 33 46 33,460.00 1 6 1 040 1,04000 3.1
50.74 22,833 07 63 25 28,462 50 1 4 1.400 630 00 2 2
65.39 21,904 48 97 74 32,742 90 1 6 0 840 281 40 09
50 41 20,165 31 75.32 30,128.00 1 5 1.760 704 00 2 3
33 33 24,163 78 39.16 28,391 00 1 4 1 680 1,218 00 4 3
34 70 13,880 58 73.88 29,552 92 1.4 0 000 0 00 00
62 20 31,097 68 78 54 39,270 00 1.9 2.476 1,237.83 3 2
54.84 23,306 73 65.71 27,926 75 1.4 1.500 637 50 2 346.90 23,452.15 71 90 35,950 00 1.7 0 920 460.00 1 3
40.55 26,357 00 52.96 34,424 00 1 7 1.640 1,06600 3 1
45.21 19,214 23 865S 36,783 75 1.8 2.520 1,071 00 29
(Ca Av% -
3
Quantity Sec urity
350 000 Genuine Paris
550 000 FICP Inc
900 000 l-Ionnel Foods Corp235 000 IBM Corp
500 000 Johnson & Johnson1,000 000 Lowe's Companies, Inc
1,500.000 MSCI EAFE Ishares
3,900.000 MSCI EmergingMarkel' Ishares
850 000 Oracle Corporation
300 (100 P P G Industries Inc400 000 PepsiCo Inc
1,350 000 Questar Corp
10,000.000 Rogers Int'l CommodityIndex
1,600 000 S&P Mid Cap 400
Ishares1,350 000 S&P Small Cap 600
Ishares
500000 Sclilumberger Ltd235000 Shenvin-Willianis Co
450 000 Sigma Aldrich Corp
900.000 Southern Company
1 he market value of securities have been obtained finm various
ieliable quotation services and can not he guaianteed by I' A M
Pricing may diflci from your custo dian
Peninsula Asset Management, Inc.PORTFOLIO APPRAISAL - SETTLED TRADES
Turner, Herman E. & Helen H . Foundation 5/19/92
Account 4301-4065 (CS)
Richard E. Turner , Sr. & Richard E. Turner , Jr., TTEESDecember 31, 20/2
Unit Total Market Pct. Unit Annual
Cost Cost Price Value Assets Income Income
63 99 22,395 83 63 58 22,253 00
41.22 22,671 54 45.16 24,838 00
24.78 22,305 82 31 21 28,089 00
89.15 20,950 11 191 55 45,014 25
56 02 28,010 43 70 10 35,050 00
20.70 20,698 95 35 52 35,520.00
58.86 88,287 57 56.86 85.290 00
32 28 125,899 90 44.35 172,965.00
33 03 28,075 78 33 32 28,322 00
59.91 17,973 93 135 35 40,605 0050.77 20,309 47 68 43 27,372 00
17 88 24,133.35 1976 26,676 00
8.03 80,284 62 8.62 86,200 00
70.17 112,265 38 101 70 162,720.00
57 11 77,098 27 78 10 105,435.00
27 53 13,763 19 69 30 34,649 30
97.16 22,832.36 153 82 36,147 70
34.26 15,418.64 73.58 33,111 00
29.08 26,168 49 42 81 38,529 00
2
1.1
12
1.4
2.2
17
17
4.1
84
14
20
13
1.3
4.2
79
5.1
2 150
2.100
0 680
3 800
2.640
0 720
1 761
0.769
0.4 80
2 440
2 270
0.720
0 000
1 831
1 337
752 50
1,15500
612.00893 00
1,32000720 00
2,641 54
2,999 72
408 00
732 00
908 00
972 00
0 00
2,929 19
1,80545
Cur.
Yield
34
47
22
2 0
38
20
31
17
14
18
33
36
00
18
17
1 7 1 250 625 00 1 8
18 2000 47000 13
1.6 0 860 387 00 121 9 2030 1,82700 47
Peninsula Asset Management, Inc.PORTFOLIO APPRAISAL - SET1 LED TRADES
Turner, Herman E. & Helen H. Foundation 5/19/92
Account 4301-4065 (CS)
Richard E. Turner, Sr. & Richard E. Turner, Jr., TTEESDec ember 31, 2012
Unit Total Market Pct. Unit Annual Cur.
Quanti ty Security Cost Cost Price Val ue Assets Income Incom e Yield
400 000 Stanley Black & Decker 49 52 19,807 92 73 97 29,588 00 14 2 000 800.00 2 7
550 000 Stryker Corp 47 53 26,141 64 54 82 30,151 00 1 5 1 060 583 00 1 9
500 000 Target Corp 39 18 19,590 95 59 17 29,585 00 1 4 1 720 860 00 29600 000 Tortoise Energy 2042 12,253.76 37 90 22,740 06 1.1 2 290 1,374 00 6.0
Infrastructure Corp
150 000 WW Grainger 88.63 13,294 43 202 37 _ 30,355 50 1 5 3 720 55 8 00 1 8
1 262,020.09 1,722,488 38 83 7 39,645 63 23
PREFERRED STOCK
3,000.000 GE Cap Corp pfd 6 05% 24 02 72,049.90 26.25 78,750 00 3.8 1.513 4,537 50 5 8
2,000 000 Public Storage pfd 26 92 53.843 80 26 78 53,560 00 26 1 588 3,175 00 5 9
6 35% Set R
125,893 70 132,3J0 00 64 7,712 50 5 8STmr - END Ur- y2 l; 38'7,`1 3-79 ySt r79 , y6,
CORPORATE BONDS25,000 WaINdart Notes 102 78 25.695 05 102 85 25,713.58 1.2 3.000 750 00 29
3 000% Due 02-03-1425.000 Baxter Int'l Notes 104 84 26,210 75 103 94 25,985 18 1 3 4.000 1,00000 3 8
4.000% Due 03-01-1425,000 DuPont Co Notes 100.79 25,197 00 105 35 26,337 83 1 3 3 250 812 50 3 1
3 250% Due 01-15-15
The inaikel vahic of securities have ba.n obtained fiom various
reliable qumalton services and cannot be guaranteed by 1' A M
Pricing may differ from your custodian ( ^-10 ti1i )
3
Peninsula Asset Management, Inc.PORTFOLIO APPRAISAL - SETTLED TRADES
Turner, Herman E . & Helen H. Foundation 5/19/92
Account 4301 -4065 (CS)
Richard E. Turner, Sr. & Richard E. Turner, Jr., TTEESDecemhei 31, 2012
Unit Total Mai ket Pct. Unit
Q uantity Security Cost Cos t Price Value Assets Income
25,000 Bcrkshire Hathaway 100 07 25,017 00 105 21 26,303 53 1 3 3200
Notes
3 200% Due 02-11-1525,000 C R Baid, Inc Notes 104 39 26,097 25
2 875% Due 01-15-1625,000 Occidental Petrol 104 86 26,213 75
2 500% Due 02-01-16
25,000 Vettzon 105.30 26,324 75Conununications, Inc
3 000',"o Due 04-01-16
Si7'T 7- E'N^ p F YE-W2 180,755 55
CASH AND EQUIVALENTS
Schwab US Treasury Money I'd
-
19,8 90 46
CCcack(ryg cic j- 19,890 .4 6'? 0
eL5'79,33
(lie ma,ket value of secuntta. have been obtained lroin vnnout
reliable quotation services and cannot be guaranteed by I' A M
Pi icing may diller fro in your custodian
Annual Cur.
Income Yield
800 00 3 0
104 90 26,225 80 1 3 2 875 718 75 2 7
105 15 26,287 83 1 3 2 500 6 25 00 2 4
106 75 26,688 35 1.3 3 000 750 00 28
183,542 08 8 . 9 5,456.25 3 0
19,890 46 10 0.010 _ 1 99 0.0
19,890.4 f 1 . 0 1 99 004.6W,d'7
q, 5-7 3'3
4
Form 8868
(Rev January 2013)
Department of the TreasuryInternal Revenue Service
Application for Extension of Time To File anExempt Organization Return OMB No 1545-1709
► File a for each return.
• If you are filing for an Automatic 3-Month Extension , complete only Part I and check this box - - ► E^j
• If you are filing for an Additional (Not Automatic) 3-Month Extension , complete only Part II (on page 2 of this form)
Do not complete Part ll unless you have already been granted an automatic 3-month extension on a previously filed Form 8868.
Electronic filing •(e-file). You can electronically file Form 8868 if you need a 3-month automatic extension of time to file (6 months for a corporation
required to file Form 990-T), or an additional (not automatic) 3-month extension of time You can electronically file Form 8868 to request an extension
of time to file any of the forms listed in Part I or Part II with the exception of Form 8870, Information Return for Transfers Associated With Certain
Personal Benefit Contracts, which must be sent to the IRS in paper format (see instructions). For more details on the electronic filing of this form,
visit www.irs. ovlefile and click on e-file for Charities & Nonprofits.
Part I Automatic 3-Month Extension of Time. Only submit original (no copies needed).
A corporation required to file Form 990-T and requesting an automatic 6-month extension - check this box and complete
Part I only ► 0All other corporations (including 1120-C filers), partnerships, REMICs, and trusts must use Form 7004 to request an extension of timeto file income tax returns
Type or Name of exempt organization or other filer , see instructions
print HERMAN E. & HELEN H. TURNER FOUNDATIONTRUST
File by the
due date for Number , street , and room or suite no . If a P 0 box , see instructionsfiling your 5004 RIVERVIEW BLVD. WESTreturn Seeinstructions City, town or post office , state , and ZIP code For a foreign address , see instructions
Employer identification number (EIN) or
VD-o4ouiv
Social security number (SSN)
Enter the Return code for the return that this application is for (file a separate application for each return) - , - O 4
Application
Is For
Return
Code
Application
Is For
Return
Code
Form 990 or Form 990-EZ 01 Form 990-T (corporation ) 07
Form 990-BL 02 Form 1041-A 08
Form 4720 (individua l) 03 Form 4720 09
Form 990-PF 04 Form 5227 10
Form 990-T (sec 401 a or 408(a) trust) 05 Form 6069 11
Form 990-T (trust other than above) 06 Form 8870 12
RICHARD E . TURNER, SR.• The books are In the care of ► 500 4 RIVERVIEW BLVD. WEST, BRADENTON , FL - 3 4 2 0 9
Telephone No ► 941 - 748-8161 FAX No ►• If the organization does not have an office or place of business in the United States , check this box - - ►• If this is for a Group Return , enter the organization ' s four digit Group Exemption Number (GEN) If this is for the whole group, check this
box ► . If it is for part of the group , check this box ► and attach a list with the names and EINs of all members the extension is for
1 I request an automatic 3-month (6 months for a corporation required to file Form 990-T) extension of time until
August: 15, 2013 , to file the exempt organization return for the organization named above The extension
is for the organization ' s return for.
►® calendar year 2 012 or
► tax year beginning , and ending
2 If the tax year entered in line 1 is for less than 12 months , check reason . Initial return Final return
= Change in accounting period
3a If this application is for Form 990-BL, 990-PF, 990-T, 4720, or 6069, enter the tentative tax, less any
nonrefundable credits. See instructions 3a 0
b If this application is for Form 990-PF, 990-T, 4720, or 6069, enter any refundable credits and
estimated tax oavments made. Include any pnor year overpayment allowed as a credit. 3b $ 164.
c Balance due. Subtract line 3b from line 3a. Include your payment with this form, if required,
Caution . If you are going to make an electronic fund withdrawal with this Form 8868 , see Form 8453-EO and Form 8879-EO for payment instructions
LHA For Privacy Act and Paperwork Reduction Act Notice , see instructions . Form 8868 (Rev. 1-2013)
22384101-21-13
2112121021 350023 65 - 6260563 2012.03050 HERMAN E. & HELEN H. TURNER 65-62601
Form 8868 (Rev 1-2013) Page 2
• If you are filing for an Additional (Not Automatic ) 3-Month Extension, complete only Part II and check this box ►Note . Only complete Part II if you have already been granted an automatic 3-month extension on a previously filed Form 8868
• If you are filing for an Automatic 3-Month Extension , complete only Part I (on page 1)
Part II Additional (Not Automatic) 3-Month Extension of Time. Only file the original (no copies needed).
Y
due date for
fil i ng your
return See
instructions
Number, street, and room or suite no If a P 0 box, see instructions
004 RIVERVIEW BLVD. WESTCity, town or post office, state, and ZIP code For a foreign address, see instructions
RADENTON, FL 34209
Enter the Return code for the return that this application is for (file a separate application for each return) 0 4
Application
Is For
Return
Code
Application
Is For
Return
Code
Form 990 or Form 990-EZ 01
Form 990-BL 02 Form 1041-A - 08
Form 4720 (individua l) 03 Form 4720 09
Form 990-PF 04 Form 5227 10
Form 990-T (sec 401 a or 408 (a) trust ) 05 Form 6069 11
Form 990-T (trust other than above) 06 Form 8870 12
STOPI Do not complete Part II if you were not already granted an automatic 3-month extension on a previously filed Form 8868.
RICHARD E. TURNER, SR.
• The books are in the care of ► 5 0 0 4 RIVERVIEW BLVD. WEST, BRADENTON, FL - 3 4 2 0 9
TelephoneNo ► 941-748-8161 FAX No ►• If the organization does not have an office or place of business in the United States, check this box ►• If this is for a Group Return , enter the organization ' s four digit Group Exemption Number (GEN) If this is for the whole group, check this
box ► = If it is for part of the group, check this box ►0 and attach a list with the names and EINs of all members the extension is for
4 I request an additional 3-month extension of time until November 15, 2013
5 For calendar year 2 012 , or other tax year beginning , and ending
6 If the tax year entered in line 5 is for less than 12 months, check reason . Initial return Final return
= Change in accounting period
7 State in detail why you need the extension
ADDITIONAL TIME IS NEEDED TO GATHER THE INFORMATION NECESSARY TO FILE ACOMPLETE AND ACCURATE INCOME TAX RETURN.
8a If this application is for Form 990-BL, 990-PF, 990-T, 4720, or 6069, enter the tentative tax, less any
b If this application is for Form 990-PF, 990-T, 4720, or 6069 , enter any refundable credits and estimated
tax payments made Include any prior year overpayment allowed as a credit and any amount paid
with Form 8868
c Balance due. Subtract line 8b from line 8a Include your payment with this form, if required, by using
164.
EFTPS ( Electronic Federal Tax Payment System). See instructions I Sc 1 $Signature and Verification must be completed for Part II only.
Under penalties of perjury, I declare that I have examined this form , including accompanying schedules and statements , and to the best of my knowledge and belief,it is true , correct, and complete , aniat I am authorized to prepare this form.
Title
22384201-21-13
Type or Name of exempt organization or other filer , see instructions Employer ident ification number ( EIN) or
print ERMAN E. & HELEN H. TURNER FOUNDATION
Ftleb the TRUST 6 5-6260563Social security number (SSN)
0.
g/N//3Form 8868 (Rev 1-2013)
1408410814 350023 65-6260563 2012.03050 HERMAN E. & HELEN H. TURNER 65-62601