MYERS FAMILY FOUNDATION: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- MYERS FAMILY FOUNDATION (EIN 81-3972701)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-05-14
- IRS object ID
- 202411359349102666
- Schema version
- 2023v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Schedule B
- Depreciation Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Liquidation Explanation Stmt
- Other Expenses Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-05-14T11:03:52-05:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foundation Source | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3333 New Hyde Park Rd Ste 406 | AddressLine1Txt |
| City | New Hyde Park | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11042 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 813972701 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Myers Family Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % Foundation Source | InCareOfNm |
| Business Name Control | MYER | BusinessNameControlTxt |
| Phone | 8008391754 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Foundation Source 501 Silverside Rd | AddressLine1Txt |
| City | Wilmington | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198091377 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JAMES MEYERS | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 8008391754 | PhoneNum |
| Signature | 2024-05-08 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | JAMES | PersonFirstNm |
| Person Last | MEYERS | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Jeffrey D Haskell | PreparerPersonNm |
| PTIN | P01345770 | PTIN |
| Phone | 8008391754 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | TrustedCustomerGrp |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $5,979,921 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $306,748 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $1,709 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $1,709 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $121,746 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $121,746 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $265,117 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $2,934,429 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $498,219 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $695,320 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $621,674 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Other Prof Fees Rev And Expnss | $42,134 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $42,134 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $4,200 | TaxesRevAndExpnssAmt |
| Other Expenses Rev And Expnss | $23,460 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Dsbrs Chrtbl | $23,460 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $69,794 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $42,134 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $23,460 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $2,441,088 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $2,441,088 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $2,510,882 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $42,134 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $2,464,548 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$1,815,562 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $579,540 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $304,871 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $491,465 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $491,465 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $573,821 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $311,010 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $290,298 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $3,431,790 | CorporateStockBOYAmt |
| Corporate Stock EOY | $2,169,749 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $2,565,216 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $1,324,575 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $847,271 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $787,062 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $523,493 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $523,493 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $1,845,880 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $6,158,550 | TotalAssetsBOYAmt |
| Total Assets EOY | $4,342,988 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $5,979,921 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $6,158,550 | RetainedEarningBOYAmt |
| Retained Earning EOY | $4,342,988 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $6,158,550 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $4,342,988 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $6,158,550 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $4,342,988 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $6,158,550 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$1,815,562 | ExcessRevenueOverExpensesAmt |
| Subtotal | $4,342,988 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $4,342,988 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | Publicly-traded Securities | PropertyDesc |
| Gross Sales Price | $2,934,429 | GrossSalesPriceAmt |
| Cost Or Other Basis | $2,436,210 | CostOrOtherBasisAmt |
| Gain Or Loss | $498,219 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $498,219 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $498,219 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $8,056 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $8,056 | SubtotalAmt |
| Tax Based On Investment Income | $8,056 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $2,885 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Total Payments And Credits | $2,885 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Tax Due | $5,171 | TaxDueAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | Yes (true) | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | DE | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foundation Source | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8008391754 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 501 Silverside Road Suite 123 | AddressLine1Txt |
| City | Wilmington | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198091377 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| James Myers | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir, Pres, Sec, Treas | 1.0 | $0 | $0 | $0 |
| Josephine Myers | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | VP | 1.0 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Summary Of Direct Chrtbl Acty | SummaryOfDirectChrtblActyGrp | |
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $4,289,776 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $280,901 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $1,845,880 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $6,416,557 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $6,416,557 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $96,248 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $6,320,309 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $316,015 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $316,015 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $8,056 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $8,056 | TotalTaxAmt |
| Distributable Before Adj | $307,959 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $307,959 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $307,959 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $2,464,548 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $2,464,548 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $307,959 | DistributableAsAdjustedAmt |
| Prior Year1 | 2021 | PriorYear1Yr |
| Prior Year2 | 2020 | PriorYear2Yr |
| Prior Year3 | 2019 | PriorYear3Yr |
| Excess Distribution Cyov Yr3 | $17,545 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $503,732 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $66,168 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $587,445 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $2,464,548 | QualifyingDistributionsAmt |
| Applied To Current Year | $307,959 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $2,156,589 | RemainingDistriFromCorpusAmt |
| Total Corpus | $2,744,034 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $2,744,034 | ExcessDistriCyovToNextYrAmt |
| Excess From Year3 | $17,545 | ExcessFromYear3Amt |
| Excess From Year2 | $503,732 | ExcessFromYear2Amt |
| Excess From Year1 | $66,168 | ExcessFromYear1Amt |
| Excess From Current Year | $2,156,589 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | NONE | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (15 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| AUTISM RESEARCH INSTITUTE | |||||||
| 4182 ADAMS AVE | SAN DIEGO | CA | 92116 | N/A | PC | General & Unrestricted | $2,000 |
| CATHOLIC COMMUNITY FOUNDATION | |||||||
| 1404 EAST NINTH ST | CLEVELAND | OH | 44114 | N/A | PC | General & Unrestricted | $200,000 |
| CATHOLIC SECONDARY EDUCATION- DIOCESE OF SAN DIEGO | |||||||
| PO BOX 85728 | SAN DIEGO | CA | 92186 | N/A | PC | General & Unrestricted | $399,250 |
| DOMINICAN SISTERS OF MARY MOTHER OF THE EUCHARIST | |||||||
| 4597 WARREN RD | ANN ARBOR | MI | 48105 | N/A | PC | General & Unrestricted | $5,000 |
| HELEN WOODWARD ANIMAL CENTER | |||||||
| PO BOX 64 | RANCHO SANTA FE | CA | 92067 | N/A | PC | Therapeutic Horse Riding program | $25,000 |
| JOHN CARROLL UNIVERSITY | |||||||
| 1 JOHN CARROLL BLVD | UNIVERSITY HT | OH | 44118 | N/A | PC | General & Unrestricted | $333,333 |
| MARQUETTE UNIVERSITY | |||||||
| 1250 W WISCONSIN AVE PO BOX 1881 | MILWAUKEE | WI | 53201 | N/A | PC | General & Unrestricted | $15,000 |
| PASTOR OF SAINT JAMES CATHOLIC PARISH IN SOLANA BE | |||||||
| 625 S NARDO AVE | SOLANA BEACH | CA | 92075 | N/A | PC | General & Unrestricted | $350,000 |
| PAWS FOR PURPLE HEARTS | |||||||
| 10201 OLD REDWOOD HWY | PENNGROVE | CA | 94951 | N/A | PC | General & Unrestricted | $10,000 |
| ROMAN CATHOLIC BISHOP OF SAN DIEGO | |||||||
| PO BOX 85728 | SAN DIEGO | CA | 92186 | N/A | PC | 2023 Annual Catholic Appeal at St. James in Solana Beach | $50,000 |
| SANFORD BURNHAM PREBYS MEDICAL DISCOVERY INSTITUTE | |||||||
| 10901 N TORREY PINES RD | LA JOLLA | CA | 92037 | N/A | PC | General & Unrestricted | $200,000 |
| SOLON COMMUNITY LIVING INC | |||||||
| 6790 RIDGECLIFF DR | SOLON | OH | 44139 | N/A | PC | General & Unrestricted | $125,000 |
| SPECIAL OLYMPICS SOUTHERN CALIFORNIA INC | |||||||
| 1600 FORBES WAY STE 200 | LONG BEACH | CA | 90810 | N/A | PC | General & Unrestricted | $5,000 |
| THE FOUNDATION FOR CATHOLIC SECONDARY EDUCATION OF | |||||||
| 360 DIVISION AVE S STE 3A | GRAND RAPIDS | MI | 49503 | N/A | SO I | General & Unrestricted | $450,000 |
| VILLA ANGELA ST JOSEPH HIGH SCHOOL | |||||||
| 18491 LAKE SHORE BLVD | CLEVELAND | OH | 44119 | N/A | PC | General & Unrestricted | $271,505 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $2,441,088 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp |
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,709 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $121,746 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Income | OtherInvestmentIncomeGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $265,117 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $388,572 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $388,572 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Contributor Person | Myers Family Trust | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 676206 | AddressLine1Txt |
| City | Rancho Santa Fe | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92067 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $306,748 | TotalContributionsAmt |
| Noncash Contribution | Yes (X) | NoncashContributionInd |
Non Cash Property Contribution NonCashPropertyContributionGrp (7 entries)
| ContributorContributorNum | Noncash PropertyNoncashPropertyDesc | Fair Market ValueFairMarketValueAmt | ReceivedReceivedDt |
|---|---|---|---|
| 1 | AMAZON COM AMZN, 472 sh. | $72,497 | 2023-12-20 |
| 1 | COSTCO WHOLESALE CORPORATION COST, 64 sh. | $42,725 | 2023-12-20 |
| 1 | THE TRADE DESK INC TTD, 322 sh. | $24,736 | 2023-12-20 |
| 1 | ADOBE SYSTEMS, INC ADBE, 54 sh. | $32,460 | 2023-12-21 |
| 1 | APPLE INC AAPL, 395 sh. | $77,140 | 2023-12-21 |
| 1 | EATON CORP PLC ETN, 127 sh. | $29,949 | 2023-12-21 |
| 1 | ACCENTURE PLC ACN, 79 sh. | $27,242 | 2023-12-21 |
Depreciation Schedule DepreciationSchedule
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (116 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| ADVANCE AUTO PARTS - 5.950% - | $2,842 | $2,986 |
| AECOM - 5.125% - 03/15/2027 | $2,235 | $1,985 |
| AFLAC INC - 3.600% - 04/01/193 | $35,029 | $30,295 |
| AMERICAN EXPRESS CO - 2.550% - | $17,067 | $16,872 |
| AMGEN INC - 3.625% - 05/22/202 | $21,623 | $20,832 |
| AON PLC NOTE - 3.875% - 12/15/ | $23,660 | $22,527 |
| ARCONIC - 6.750% - 01/15/2028 | $3,698 | $3,160 |
| ARCONIC INC - 5.900% - 02/01/2 | $1,019 | $1,026 |
| ASBURY AUTOMOTIVE GROUP INC SE | $3,225 | $2,802 |
| BALL CORP - 4.875% - 03/15/202 | $2,261 | $1,993 |
| BALL CORP - 6.000% - 06/15/202 | $3,023 | $3,064 |
| BANK AMER CORP MTN - 3.824% - | $33,800 | $31,725 |
| BATH & BODY WORKS - 5.250% - 0 | $1,932 | $1,978 |
| BLACKROCK INC - 2.400% - 04/30 | $27,236 | $26,834 |
| BOYD GAMING - 4.750% - 12/01/2 | $3,055 | $2,886 |
| CALLON PETE CO DEL SER B NOTE | $2,925 | $2,986 |
| CAPITAL ONE FINL CORP NT - 1.8 | $31,698 | $29,697 |
| CARPENTER TECHNOLOGYCORP NOTE | $3,304 | $3,013 |
| CCO HLDGS LLC / CCO HLDGS CAP | $3,760 | $3,424 |
| CDW LLC - 5.500% - 12/01/2024 | $3,255 | $2,991 |
| CEDAR FAIR LP - 5.375% - 04/15 | $2,768 | $2,935 |
| CENTENE CORP DEL SER B - 4.250 | $2,880 | $2,892 |
| CENTURY COMMUNITIES INC SER B | $2,150 | $2,024 |
| CHARTER COMMUNICATIONS OPER - | $2,357 | $2,558 |
| CHARTER COMMUNICATIONS OPER - | $3,794 | $3,562 |
| CHEMOURS CO NOTE CALL MAKE WHO | $3,237 | $2,931 |
| CITIGROUP INC - 4.412% - 03/31 | $37,577 | $31,604 |
| CLEVELAND-CLIFFS INCNEW SER B | $3,143 | $2,990 |
| COMCAST CORP NOTE - 4.650% - 0 | $25,974 | $26,140 |
| COMMERCIAL METALS CO NOTE - 3. | $3,813 | $3,540 |
| CREDIT ACCEP CORP MICH - 6.625 | $2,104 | $1,996 |
| CRESTWOOD MIDSTREAM PRTNRS - 5 | $2,955 | $3,001 |
| CROWDSTRIKE HLDGS INC NOTE - 3 | $3,673 | $3,617 |
| CROWN AMERS LLC - 4.250% - 09/ | $1,830 | $1,940 |
| CROWN AMERS LLC - 5.250% - 04/ | $2,858 | $2,955 |
| CROWN CORK &SEAL INCBOND CALL | $3,690 | $3,150 |
| DCP MIDSTREAM OPERATING PL - 5 | $3,158 | $3,002 |
| DELTA AIR LINES INC NOTE CALL | $2,315 | $2,067 |
| ENCOMPASS - 4.750% - 02/01/203 | $4,151 | $3,769 |
| ENCOMPASS HEALTH CORP - 4.500% | $3,068 | $2,871 |
| ENLINK MIDSTREAM PARTNERS LP N | $2,933 | $2,939 |
| EQM MIDSTREAM PARTNERS - 5.500 | $3,865 | $3,963 |
| EQUIREANS MIDSTREAM CORP - 6.5 | $1,800 | $2,045 |
| FIRSTENERGY CORP - 3.900% - 06 | $3,000 | $2,886 |
| FLUOR CORP NOTE CALL MAKE WHOL | $3,071 | $2,861 |
| FORD MOTOR COMPANY - 4.346% - | $3,858 | $3,900 |
| FORD MTR CO - 9.625% - 04/22/2 | $1,975 | $2,359 |
| GENERAL MTRS - 5.400% - 04/06/ | $3,005 | $3,021 |
| GOLDMAN SACHS GROUP INC - 3.85 | $27,486 | $26,264 |
| GRIFFON CORP SER B NOTE - 5.75 | $3,175 | $2,948 |
| HB FULLER - 4.250% - 10/15/202 | $4,083 | $3,740 |
| HCA INC - 5.375% - 02/01/2025 | $3,148 | $2,996 |
| HILLENBRAND INC NOTE CALL MAKE | $2,963 | $2,590 |
| HILTON DOMESTIC INC SER B - 4. | $4,093 | $3,878 |
| HILTON WORLDWIDE - 4.875% - 04 | $3,913 | $3,940 |
| HOME DEPOT INC - 2.950% - 06/1 | $22,439 | $19,759 |
| JOHN DEER CAPITAL - 4.700% - 0 | $1,982 | $2,033 |
| JPMORGAN CHASE - 1.953% - 02/0 | $35,723 | $30,127 |
| KEYCORP MEDIUM TERM NTS - 2.25 | $21,313 | $18,923 |
| LAMAR MEDIA CORP SER B NOTE - | $1,768 | $1,880 |
| LAMAR MEDIA CORP SER B NOTE CA | $4,215 | $3,869 |
| LIMITED BRANDS - 6.750% - 07/0 | $4,358 | $4,031 |
| MACYS RETAIL HLDGS INC NOTE - | $2,243 | $2,430 |
| MAGIC SOFTWARE ENTERPRISES LTD | $4,140 | $3,894 |
| MGM RESORTS - 5.750% - 06/15/2 | $2,210 | $1,992 |
| MGM RESORTS INTERNATIONAL NOTE | $3,271 | $2,976 |
| MORGAN STANLEY - 3.875% - 01/2 | $26,935 | $26,453 |
| MURPHY OIL CORP NOTE CALL MAKE | $2,963 | $2,986 |
| NRG ENERGY INC SER B - 5.750% | $2,884 | $2,989 |
| OLIN CORP NOTE - 5.625% - 08/0 | $2,218 | $1,968 |
| OLIN CORP SR NOTE - 5.000% - 0 | $2,839 | $2,861 |
| ONEMAIN FIN - 9.000% - 01/15/2 | $2,999 | $3,173 |
| PACIFIC GAS &ELEC - 4.950% - 0 | $2,442 | $2,571 |
| PATTERSON-UTI ENERGYINC SER B | $3,980 | $3,729 |
| PBF HLDG - 6.000% - 02/15/2028 | $2,828 | $2,913 |
| PENSKE AUTOMOTIVE GRP INC NOTE | $2,038 | $1,940 |
| PG&E - 5.250% - 07/01/2030 | $4,179 | $3,861 |
| PNC FIN SVCS - 2.550% - 01/22/ | $32,606 | $28,028 |
| QVC INC 5.450% 8/15/2034 - 5.4 | $2,993 | $1,818 |
| RADIAN GROUP INC NOTE CALL MAK | $2,256 | $2,008 |
| RANGE RES CORP NOTE - 4.875% - | $2,108 | $1,975 |
| ROYAL CARIBBEAN - 3.700% - 03/ | $2,755 | $2,765 |
| RYMAN HOSPITALITY PROPERTIES - | $3,062 | $2,898 |
| SBA COMMUNICATIONS CORP SER B | $3,640 | $3,595 |
| SBA COMMUNICATIONS CORP SER B | $3,141 | $2,882 |
| SEAGATE HDD CAYMAN - 4.875% - | $2,910 | $2,943 |
| SEAGATE HDD CAYMAN NOTE CALL - | $3,510 | $2,880 |
| SERVICE CORP INTL - 5.125% - 0 | $4,353 | $3,920 |
| SHEA HOMES LP - 4.750% - 02/15 | $2,650 | $2,820 |
| SM ENERGY COMPANY NOTE CALL MA | $2,070 | $1,986 |
| SOUTHWESTERN ENERGY CO SER B N | $3,083 | $2,928 |
| SPIRIT AEROSYSTEMS - 3.850% - | $4,170 | $3,844 |
| SPRINT CAPITAL CORP - 6.875% - | $2,085 | $2,166 |
| SPRINT CORP SR GLBL NT - 7.125 | $3,459 | $3,013 |
| SPRINT CORPORATION - 7.625% - | $3,473 | $3,133 |
| TALOS PRODTN - 12.000% - 01/15 | $2,112 | $2,058 |
| TELEFLEX INC - 4.625% - 11/15/ | $4,173 | $3,906 |
| TENET HEALTHCARE CORP - 6.120% | $2,813 | $3,033 |
| TENET HEALTHCARE CORP SER B NO | $2,933 | $2,967 |
| TENET HEALTHCARE CORP SER B NO | $2,790 | $2,992 |
| TRANSDIGM INC - 7.500% - 03/15 | $2,135 | $2,008 |
| TRANSDIGM INC SER B NOTE - 5.5 | $3,139 | $2,938 |
| TRAVEL + LEISURE CO - 5.100% - | $2,255 | $2,002 |
| TRUIST - 1.950% - 06/05/2030 | $34,452 | $33,431 |
| UNION PACIFIC CORP NOTE - 2.40 | $25,769 | $23,188 |
| UNITED RENTALS - 5.250% - 01/1 | $2,770 | $2,959 |
| UNITED RENTALS NORTH AMER INC | $4,086 | $3,685 |
| USA COM PART/USA COM FIN - 6.8 | $2,940 | $2,965 |
| VERIZON COMMUNICATIONS INC - 3 | $28,501 | $23,798 |
| VITAL ENERGY - 10.125% - 01/15 | $3,045 | $3,083 |
| WALGREENS BOOTS ALLIANCE - 3.8 | $2,948 | $2,946 |
| WELLS FARGO - 3.550% - 09/29/2 | $21,413 | $20,523 |
| WEYERHAEUSER REAL ESTATE CO NO | $2,228 | $2,000 |
| XILINX INC NOTE CALL MAKE WHOL | $29,960 | $24,796 |
| XPO CNW INC - 6.700% - 05/01/2 | $2,978 | $3,068 |
| YUM BRANDS INC NOTE CALL MAKE | $3,030 | $2,806 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (50 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| AGREE REALTY CORP | $3,067 | $2,581 |
| ALEXANDRIA REAL ESTATE EQUITIE | $6,726 | $4,564 |
| ALTEGRIS AACA REAL ESTATE LONG | $235,682 | $168,692 |
| AMERICAN HOMES 4 RENT | $6,217 | $7,048 |
| AMERICAN TOWER REIT INC | $16,712 | $17,055 |
| APARTMENT INV AND MGMT COMPANY | $1,824 | $2,067 |
| AVALONBAY CMNTYS INC | $4,239 | $3,744 |
| BOSTON PPTYS INC | $4,586 | $2,807 |
| CAMDEN PPTY TR | $2,703 | $2,879 |
| CROWN CASTLE INTL | $10,942 | $9,446 |
| DIGITAL RLTY TR INC | $2,443 | $2,288 |
| EASTGROUP PROPERTIES INC | $6,755 | $10,645 |
| EPR PROPERTIES | $1,972 | $1,986 |
| EQUINIX, INC | $11,565 | $15,302 |
| EQUINOX CAMPBELL STRATEGY I | $162,572 | $173,393 |
| EQUITY LIFESTYLE PRP | $4,731 | $5,643 |
| ESSEX PRTY TR INC | $3,395 | $3,223 |
| EVENTIDE GILEAD FUND INSTITUTI | $130,022 | $146,382 |
| EXTRA SPACE STORAGE | $6,973 | $7,696 |
| FARMLAND PARTNERS INC | $1,930 | $1,822 |
| FIRST EAGLE SOGEN OVERSEAS FUN | $126,157 | $128,684 |
| FIRST TR VALUE LN DV | $279,201 | $422,879 |
| FIRST TRUST CAPITAL STRENGTH | $243,326 | $412,046 |
| FIRST TRUST NORTH AMERICAN ENE | $120,600 | $162,374 |
| GAMING AND LEISURE PROPERTIES, | $4,967 | $6,416 |
| HOST HOTELS & RESORTS INC | $5,189 | $5,763 |
| INVESCO OPPENHEIMER INTERNATIO | $131,973 | $122,560 |
| INVITATION HOMES INC. | $1,611 | $1,910 |
| KITE RLTY GROUP TRUST | $6,276 | $6,995 |
| LOCORR MANAGED FUTURES STRATEG | $175,262 | $154,882 |
| MFPIQZ | $9,579 | $9,692 |
| MID-AMERICA APT COMMUNITIES IN | $2,990 | $2,286 |
| OMEGA HEALTHCARE INV | $1,073 | $1,012 |
| PIMCO INTL STOCKSPLUS AR STRAT | $129,695 | $148,529 |
| POSTAL REALTY TRUST INC | $1,022 | $976 |
| PROLOGIS | $8,458 | $8,265 |
| PUBLIC STORAGE INC | $8,750 | $7,320 |
| REALTY INCOME CORP | $3,095 | $2,526 |
| REGENCY CENTERS CORP | $3,392 | $3,417 |
| SAFEHOLD INC | $1,004 | $1,076 |
| SBA COMMUNICATIONS CORP | $4,724 | $3,552 |
| SIMON PPTY GROUP INC | $5,925 | $8,844 |
| SPDR SER TR BARCLAYS CAP CONV | $145,606 | $188,600 |
| SUN COMMUNITIES INC | $1,979 | $2,005 |
| TERRENO RLTY CORPCOM | $7,225 | $8,774 |
| VENTAS INC | $3,129 | $2,741 |
| VICI PROPERTIES INC | $3,873 | $5,483 |
| VIRTUS KAR SMALL-MID CAP CORE | $97,625 | $132,308 |
| WELLTOWER INC. | $6,930 | $8,927 |
| WEYERHAEUSER CO | $4,057 | $5,111 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $311,010 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $290,298 | USGovtObligationsEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | CORTICA INC PFD SER C | CategoryOrItemTxt |
| Book Value | $523,493 | BookValueAmt |
| EOYFMV | $1,845,880 | EOYFMVAmt |
Liquidation Explanation Stmt LiquidationExplanationStmt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | As explained below, the Foundation has no plans for dissolution. This statement is submitted to report the distribution of certain assets during the year. The distributions resulted in a substantial contraction of assets. The following information is submitted in accordance with Treasury Regulation Section 1.6043-3(a)(1) and the Form 990-PF instructions: During the taxable year ending December 31, 2023, the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled $2,441,088. This amount represents 25% or more of the Foundation's net assets of $6,997,994 (as measured by fair market value) at the beginning of the Foundation's taxable year ending December 31, 2023. Although the Foundation technically experienced a substantial contraction, it will continue in existence and has no plans for dissolution. The Foundation made distributions of cash to the grantees listed in the attachment to Part XIV, Line 3a; each such grant was made solely for the charitable purpose specified therein. | ExplanationTxt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| Administrative Fees | $23,435 | $23,435 |
| State or Local Filing Fees | $25 | $25 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Investment Management Services | CategoryTxt |
| Amt | $42,134 | Amt |
| Net Investment Income | $42,134 | NetInvestmentIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt |
|---|---|
| 990-PF Estimated Tax for 2023 | $2,800 |
| 990-PF Extension for 2022 | $1,400 |