ELBRIDGE AND DEBRA STUART FAMILY FOUNDATION: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- ELBRIDGE AND DEBRA STUART FAMILY FOUNDATION (EIN 26-4492027)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-11-12
- IRS object ID
- 202413179349103601
- Schema version
- 2023v5.1
- 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
- Accounting Fees Schedule
- Contractor Compensation Expln
- Depreciation Schedule
- Expln Of Non Filing With AG Stmt
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Land Etc Schedule2
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-11-12T18:31:52-06:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Baker Tilly Advisory Group LP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | THREE LAGOON DR STE 400 | AddressLine1Txt |
| City | REDWOOD CITY | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94065 | 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 | 264492027 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ELBRIDGE AND DEBRA STUART FAMILY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % ELBRIDGE STUART | InCareOfNm |
| Business Name Control | ELBR | BusinessNameControlTxt |
| Phone | 7757704097 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 8340 | AddressLine1Txt |
| City | INCLINE VILLAGE | CityNm |
| State Abbreviation | NV | StateAbbreviationCd |
| ZIP | 89452 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ELBRIDGE STUART | PersonNm |
| Person Title | DIRECTOR | PersonTitleTxt |
| Phone | 7757704097 | PhoneNum |
| Signature | 2024-05-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| 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 | ANTHONY ROZENVASSER | PreparerPersonNm |
| PTIN | P01321165 | PTIN |
| Phone | 6503654646 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2024-10-15 13:58:12Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $44,566,164 | 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 | $0 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $503,815 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $503,815 | DividendsNetInvstIncmAmt |
| Gross Rents Rev And Expnss | $31,311 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $31,311 | GrossRentsNetInvstIncmAmt |
| Net Rental Income Or Loss | $25,640 | NetRentalIncomeOrLossAmt |
| Net Gain Sale Ast Rev And Expnss | -$159,574 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $9,119,293 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $179,344 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $92,344 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $554,896 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $627,470 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Accounting Fees Rev And Expnss | $46,170 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $41,553 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $4,617 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $402,873 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $402,873 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $102,216 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $15,216 | TaxesNetInvstIncmAmt |
| Deprec And Dpltn Rev And Expnss | $65,736 | DeprecAndDpltnRevAndExpnssAmt |
| Other Expenses Rev And Expnss | $92,864 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $92,118 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $534 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $709,859 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $551,760 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $5,151 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $2,419,830 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $2,419,830 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $3,129,689 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $551,760 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $2,424,981 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$2,574,793 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $75,710 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $78,894 | CashBOYAmt |
| Cash EOY | $130,025 | CashEOYAmt |
| Cash EOYFMV | $130,025 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $1,944,170 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $2,117,425 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $2,121,851 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations EOY | $740,539 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $755,935 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $9,348,096 | CorporateStockBOYAmt |
| Corporate Stock EOY | $8,465,375 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $10,671,726 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $4,026,051 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $2,287,092 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $2,350,839 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $15,856,292 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $14,419,945 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $17,179,234 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $10,871,794 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $181,800 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $10,755,730 | LandBOYAmt |
| Land EOY | $10,689,994 | LandEOYAmt |
| Land EOYFMV | $10,689,994 | LandEOYFMVAmt |
| Other Assets BOY | $82,515 | OtherAssetsBOYAmt |
| Other Assets EOY | $666,560 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $666,560 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $42,091,748 | TotalAssetsBOYAmt |
| Total Assets EOY | $39,516,955 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $44,566,164 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $2,000,000 | OtherLiabilitiesBOYAmt |
| Total Liabilities BOY | $2,000,000 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $40,091,748 | RetainedEarningBOYAmt |
| Retained Earning EOY | $39,516,955 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $40,091,748 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $39,516,955 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $42,091,748 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $39,516,955 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $40,091,748 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$2,574,793 | ExcessRevenueOverExpensesAmt |
| Other Increases | $2,000,000 | OtherIncreasesAmt |
| Subtotal | $39,516,955 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $39,516,955 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (13 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| PUBLICLY TRADED SECURTIES | P | $8,812,281 | $8,977,189 | -$164,908 | -$164,908 |
| LONG TERM CAPITAL GAIN DISTRIBUTION | P | $8,206 | $8,206 | $8,206 | |
| HCP CHINA CAPITAL APPRECIATION FUND LP | P | $127,894 | -$127,894 | -$127,894 | |
| HCP PRIVATE EQUITY FUND XI-A LP | P | $65 | -$65 | -$65 | |
| FORTRESS CREDIT OPPORTUNITIES FUND V EXPANSION (B) LP | P | $2,105 | -$2,105 | -$2,105 | |
| HCP PRIVATE EQUITY FUND X-A LP | P | $1,187 | -$1,187 | -$1,187 | |
| FARALLON CAPITAL INSTITUTIONAL PARTNERS | P | $59,968 | $59,968 | $59,968 | |
| SSC MCH LONE CASCADE, L.P. | P | $170,419 | -$170,419 | -$170,419 | |
| HCP REAL ESTATE FUND IV-A, L.P. | P | $127 | $127 | $127 | |
| HCP REAL ESTATE FUND III-A, L.P. | P | $8 | -$8 | -$8 | |
| AMANSA FEEDER LTD | P | $65,860 | $65,860 | $65,860 | |
| TYBOURNE EQUITY (OFFSHORE) FUND | P | $903 | $903 | $903 | |
| CF GOLDENTREE SELECT OFFSHORE FD, LTD | P | $171,948 | $171,948 | $171,948 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$159,574 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $1,052 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $1,052 | SubtotalAmt |
| Tax Based On Investment Income | $1,052 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $87,000 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Total Payments And Credits | $87,000 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $85,948 | OverpaymentAmt |
| Applied To ES Tax | $85,948 | AppliedToESTaxAmt |
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 | false | 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 | false | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | Yes (true) | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | https://stuartfoundation.org/ | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ELBRIDGE STUART | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7757704097 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 8340 | AddressLine1Txt |
| City | INCLINE VILLAGE | CityNm |
| State Abbreviation | NV | StateAbbreviationCd |
| ZIP | 894528340 | 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 (5 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 |
|---|---|---|---|---|---|---|---|---|
| ELBRIDGE H STUART | ||||||||
| PO BOX 8340 | INCLINE VILLAGE | NV | 89452 | director | 20.0 | $0 | $0 | $0 |
| DEBRA E STUART | ||||||||
| PO BOX 8340 | INCLINE VILLAGE | NV | 89452 | director | 10.0 | $0 | $0 | $0 |
| Elbridge H Stuart IV | ||||||||
| PO BOX 8340 | INCLINE VILLAGE | NV | 89452 | DIRECTOR | 1.0 | $0 | $0 | $0 |
| Sarah Oderyd | ||||||||
| PO BOX 8340 | INCLINE VILLAGE | NV | 89452 | director | 2.0 | $0 | $0 | $0 |
| Daniel Oderyd | ||||||||
| PO BOX 8340 | INCLINE VILLAGE | NV | 89452 | DIRECTOR | 3.0 | $0 | $0 | $0 |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| HALL CAPITAL PARTNERS LLC | |||||
| 1 Maritime Plaza 6th floor | SAN FRANCISCO | CA | 94111 | Investment advisory | $112,906 |
| PAUL SHOEMAKER INC | |||||
| 4546 FOREST AVE SE | MERCER ISLAND | WA | 98040 | CONSULTING | $180,000 |
| 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 | $14,501,008 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,866,550 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $17,005,651 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $33,373,209 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $33,373,209 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $500,598 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $32,872,611 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,643,631 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,643,631 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $1,052 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $1,052 | TotalTaxAmt |
| Distributable Before Adj | $1,642,579 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $1,642,579 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $1,642,579 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $2,424,981 | 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 | $2,424,981 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,642,579 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Prior Year1 | 2021 | PriorYear1Yr |
| Prior Year2 | 2020 | PriorYear2Yr |
| Prior Year3 | 2019 | PriorYear3Yr |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $1,120,356 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $1,694,871 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $1,056,528 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr1 | $599,295 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $4,471,050 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $2,424,981 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Current Year | $1,642,579 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $782,402 | RemainingDistriFromCorpusAmt |
| Total Corpus | $5,253,452 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $1,120,356 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $4,133,096 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $1,694,871 | ExcessFromYear4Amt |
| Excess From Year3 | $1,056,528 | ExcessFromYear3Amt |
| Excess From Year1 | $599,295 | ExcessFromYear1Amt |
| Excess From Current Year | $782,402 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | ELBRIDGE H DEBRA E STUART | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Parasol Tahoe Community Foundation Inc | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 948 INCLINE WAY | AddressLine1Txt |
| City | INCLINE VILLAGE | CityNm |
| State Abbreviation | NV | StateAbbreviationCd |
| ZIP | 89451 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | NONE | RecipientRelationshipTxt |
| Recipient Foundation Status | PC | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | UNRESTRICTED | GrantOrContributionPurposeTxt |
| Amt | $2,419,830 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $2,419,830 | 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 |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $503,815 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp |
Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 16 | ExclusionCd |
| Exclusion | $31,311 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 | -$159,574 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Other Revenue Described OtherRevenueDescribedGrp (3 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|
| PARTNERSHIP INCOME | 01 | $90,532 |
| OTHER INCOME | 01 | $1,812 |
| EXCISE TAX REFUND | 01 | $87,000 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $554,896 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $554,896 | 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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEE | CategoryTxt |
| Amt | $46,170 | Amt |
| Net Investment Income | $41,553 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $4,617 | DisbursementsCharitablePrpsAmt |
Contractor Compensation Expln ContractorCompensationExpln
Contractor Comp Expln ContractorCompExplnGrp (2 entries)
| ExplanationExplanationTxt |
|---|
| HALL CAPITAL PARTNERS LLC |
| INVESTMENT MANAGEMENT SERVICES |
| PAUL SHOEMAKER INC |
| CONSULTING SERVICES |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (17 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Computation MethodComputationMethodTxt | Prior Year DepreciationPriorYearDepreciationAmt | Current Year ExpenseCurrentYearExpenseAmt |
|---|---|---|---|---|---|
| LAND | 2000-01-01 | $10,408,211 | L | ||
| BLDG IMPROVEMENTS | 2021-01-05 | $40,437 | M39 | $2,032 | $1,037 |
| BLDG IMPROVEMENTS | 2021-01-26 | $24,001 | M39 | $1,206 | $615 |
| BLDG IMPROVEMENTS | 2021-10-19 | $20,000 | M39 | $620 | $513 |
| BLDG IMPROVEMENTS | 2021-11-01 | $31,663 | M39 | $914 | $812 |
| EQUIPMENT | 2021-01-19 | $7,020 | M7 | $3,259 | $1,075 |
| EQUIPMENT | 2021-02-22 | $9,105 | M7 | $4,227 | $1,394 |
| EQUIPMENT | 2021-04-12 | $2,202 | M7 | $910 | $369 |
| EQUIPMENT | 2021-04-19 | $3,859 | M7 | $1,595 | $647 |
| EQUIPMENT | 2021-05-21 | $31,185 | M7 | $12,886 | $5,227 |
| EQUIPMENT | 2021-07-21 | $802 | M7 | $291 | $146 |
| EQUIPMENT | 2021-08-19 | $1,805 | M7 | $653 | $329 |
| EQUIPMENT | 2021-09-03 | $123,879 | M7 | $44,869 | $22,571 |
| EQUIPMENT | 2021-10-07 | $42,158 | M7 | $13,120 | $8,297 |
| EQUIPMENT | 2021-12-16 | $81,964 | M7 | $25,507 | $16,131 |
| BLDG IMPROVEMENTS | 2022-02-22 | $18,611 | M39 | $418 | $477 |
| EQUIPMENT | 2022-06-09 | $24,892 | M7 | $3,557 | $6,096 |
Expln Of Non Filing With AG Stmt ExplnOfNonFilingWithAGStmt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | THE FOUNDATION IS A DELAWARE (DE) EXEMPT CORPORATION AND CONDUCTS ALL ITS ACTIVITIES OUTSIDE OF DE. ACCORDING TO DELAWARE'S ATTORNEY GENERAL OFFICE, PRIVATE FOUNDATIONS ARE NOT REQUIRED TO SUBMIT A COPY OF THE FEDERAL FORM 990-PF TO THE STATE IF THEY ARE NOT CONDUCTING ANY ACTIVITY IN DE. THEREFORE, THE FOUNDATION IS NOT REQUIRED TO FURNISH A COPY TO DE. | ExplanationTxt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | NT #573 - ATTACHMENT E | BondNm |
| EOY Book Value | $2,287,092 | EOYBookValueAmt |
| EOYFMV | $2,350,839 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (4 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| NT #325 - SEE ATTACHMENT A | $1,988,460 | $2,916,050 |
| NT #658 - SEE ATTACHMENT B | $2,476,955 | $2,712,216 |
| NT #104 - SEE ATTACHMENT C | $1,079,645 | $1,169,286 |
| NT #356 - SEE ATTACHMENT D | $2,920,315 | $3,874,174 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $740,539 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $755,935 | USGovtObligationsEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (14 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| AMANSA FEEDER LTD CLASS G | AT COST | $415,860 | $744,090 |
| CF CANYON BALANCED FUND KY LTD | AT COST | $2,000,000 | $2,527,350 |
| CEVIAN CAPITAL II LLP | AT COST | $1,500,000 | $2,670,227 |
| FARALLON CAPITAL INSTITUTIONAL | AT COST | $2,904,555 | $2,979,696 |
| FORTRESS CREDIT OPP FD V EXPAN | AT COST | $279,008 | $277,427 |
| CF GOLDENTREE SELECT OFFSHORE | AT COST | $1,671,948 | $2,641,655 |
| HCP PRIVATE EQUITY FUND X-A LP | AT COST | $272,479 | $275,696 |
| HCP REAL ESTATE FUND III-A, LP | AT COST | $840,960 | $908,315 |
| OCTAGON INVESTMENTS OFFSHORE F | AT COST | $1,000,000 | $702,028 |
| PRIME FINANCE LONG DURATION (B | AT COST | $370,483 | $303,387 |
| SSC MCH LONE CASCADE, LP | AT COST | $2,271,516 | $2,498,522 |
| INCLUSIVE CAPITAL PARTNERS SPR | AT COST | $651,453 | $406,079 |
| HCP PRIVATE EQUITY FD XI-A LP | AT COST | $72,376 | $75,169 |
| HCP REAL ESTATE FUND IV-A, LP | AT COST | $169,307 | $169,593 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (17 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Book ValueBookValueAmt | Accumulated DepreciationAccumulatedDepreciationAmt |
|---|---|---|---|
| LAND | $10,408,211 | $10,408,211 | |
| BLDG IMPROVEMENTS | $40,437 | $37,368 | $3,069 |
| BLDG IMPROVEMENTS | $24,001 | $22,180 | $1,821 |
| BLDG IMPROVEMENTS | $20,000 | $18,867 | $1,133 |
| BLDG IMPROVEMENTS | $31,663 | $29,937 | $1,726 |
| EQUIPMENT | $7,020 | $2,686 | $4,334 |
| EQUIPMENT | $9,105 | $3,484 | $5,621 |
| EQUIPMENT | $2,202 | $923 | $1,279 |
| EQUIPMENT | $3,859 | $1,617 | $2,242 |
| EQUIPMENT | $31,185 | $13,072 | $18,113 |
| EQUIPMENT | $802 | $365 | $437 |
| EQUIPMENT | $1,805 | $823 | $982 |
| EQUIPMENT | $123,879 | $56,439 | $67,440 |
| EQUIPMENT | $42,158 | $20,741 | $21,417 |
| EQUIPMENT | $81,964 | $40,326 | $41,638 |
| BLDG IMPROVEMENTS | $18,611 | $17,716 | $895 |
| EQUIPMENT | $24,892 | $15,239 | $9,653 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| DUE FROM BROKER | $14,297 | $13,168 | $13,168 |
| DISTRIBUTION RECEIVABLE | $653,392 | $653,392 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| PARTNERSHIP INVESTMENT EXPENSE | $86,659 | $86,447 | |
| LICENSE FEE | $534 | $534 | |
| RENTAL EXPENSES | $5,671 | $5,671 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| PARTNERSHIP INCOME | $90,532 | $90,532 |
| OTHER INCOME | $1,812 | $1,812 |
| Excise Tax Refund | $87,000 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PRIOR YEAR ADJUSTMENT | Desc |
| Amt | $2,000,000 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| INVESTMENT MANAGEMENT FEE | $158,987 | $158,987 |
| CUSTODIAN FEE | $14,646 | $14,646 |
| CONSULTING FEE | $229,240 | $229,240 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| FOREIGN TAX | $15,216 | $15,216 |
| EXCISE TAX | $87,000 |