TSUNAMI FOUNDATION: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- TSUNAMI FOUNDATION (EIN 13-7019761)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-11-07
- IRS object ID
- 202423129349101517
- 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
- Schedule B
- Accounting Fees Schedule
- Compensation Explanation
- Depreciation Schedule
- General Explanation Attachment
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Legal Fees Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-11-07T12:55:43-06:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | 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 | 137019761 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Tsunami Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % Foundation Source | InCareOfNm |
| Business Name Control | TSUN | 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 beard | PersonNm |
| Person Title | trustee | PersonTitleTxt |
| Phone | 8008391754 | PhoneNum |
| Signature | 2024-11-05 | 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 | Jeffrey D Haskell | PreparerPersonNm |
| PTIN | P01345770 | PTIN |
| Phone | 8008391754 | 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 | $32,481,542 | 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 | $75,000 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $34,569 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $34,569 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $538,280 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $538,280 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $634,519 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $8,974,125 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $634,519 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $259,493 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $274,271 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $1,541,861 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,481,639 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Legal Fees Rev And Expnss | $14,500 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $14,500 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $725 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $725 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $188,897 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $188,897 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $8,975 | TaxesRevAndExpnssAmt |
| Other Expenses Rev And Expnss | $146,114 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $83,287 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $60,993 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $359,211 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $272,184 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $76,218 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,575,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,575,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,934,211 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $272,184 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,651,218 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$392,350 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,209,455 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $1,045,120 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $278,526 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $278,526 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $6,725 | AcctRcvblAmt |
| Acct Rcvbl EOY | $6,725 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $6,725 | AcctRcvblEOYFMVAmt |
| US Government Obligations BOY | $1,085,434 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $1,002,930 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $1,011,602 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $9,612,159 | CorporateStockBOYAmt |
| Corporate Stock EOY | $8,623,662 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $9,669,366 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $358,938 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $1,617,539 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $1,642,915 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $14,239,905 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $14,419,824 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $19,872,408 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $26,341,556 | TotalAssetsBOYAmt |
| Total Assets EOY | $25,949,206 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $32,481,542 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $26,341,556 | RetainedEarningBOYAmt |
| Retained Earning EOY | $25,949,206 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $26,341,556 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $25,949,206 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $26,341,556 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $25,949,206 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $26,341,556 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$392,350 | ExcessRevenueOverExpensesAmt |
| Subtotal | $25,949,206 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $25,949,206 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt |
|---|---|---|---|---|---|---|---|
| Publicly-traded Securities | $8,535,117 | $8,088,049 | $447,068 | $447,068 | |||
| Passthrough K1 Capital Gain/(Loss) | $248,443 | ||||||
| JLL INCOME PROP TRUST CL M-I | $439,008 | $500,000 | -$60,992 | -$60,992 | P | 2022-09-28 | 2023-10-10 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $634,519 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $16,811 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $16,811 | SubtotalAmt |
| Tax Based On Investment Income | $16,811 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $12,500 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $12,100 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $24,600 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $7,789 | OverpaymentAmt |
| Applied To ES Tax | $7,789 | 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 | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | CT | 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 | 55 WALLS DRIVE FL 3 | AddressLine1Txt |
| City | Fairfield | CityNm |
| State Abbreviation | CT | StateAbbreviationCd |
| ZIP | 06824 | 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 | Yes (true) | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| 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 (7 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 |
|---|---|---|---|---|---|---|---|---|
| Philip Andryc | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Trustee | 2.0 | $0 | $0 | $0 |
| Debra Beard | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Trustee | 1.0 | $0 | $0 | $0 |
| James M Beard | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Trustee | 1.0 | $0 | $0 | $0 |
| Veronica Swanson Beard | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Trustee | 1.0 | $0 | $0 | $0 |
| Anson M Beard Jr | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Trustee | 1.0 | $0 | $0 | $0 |
| Veronica M beard | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | trustee | 0.0 | $0 | $0 | $0 |
| anson h beard | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | trustee | 0.0 | $0 | $0 | $0 |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Morgan Stanley | |||||
| 28 STATE STREET 26TH FL | BOSTON | MA | 02109 | Investment Mgmt | $78,781 |
| Foundation Source | |||||
| 55 Walls Drive 3rd Fl | Fairfield | CT | 06824 | Administrative | $60,993 |
| 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 | $13,341,890 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,019,951 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $18,441,286 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $32,803,127 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $32,803,127 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $492,047 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $32,311,080 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,615,554 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,615,554 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $16,811 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $16,811 | TotalTaxAmt |
| Distributable Before Adj | $1,598,743 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $1,598,743 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $1,598,743 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,651,218 | 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 | $1,651,218 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,598,743 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr5 | $54,599 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $135,294 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $63,689 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $173,154 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $169,755 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $596,491 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,651,218 | QualifyingDistributionsAmt |
| Applied To Current Year | $1,598,743 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $52,475 | RemainingDistriFromCorpusAmt |
| Total Corpus | $648,966 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $54,599 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $594,367 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $135,294 | ExcessFromYear4Amt |
| Excess From Year3 | $63,689 | ExcessFromYear3Amt |
| Excess From Year2 | $173,154 | ExcessFromYear2Amt |
| Excess From Year1 | $169,755 | ExcessFromYear1Amt |
| Excess From Current Year | $52,475 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | Anson M Beard Jr | ContributingManagerNm |
| Contributing Manager | Debra Beard | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (19 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| AMERICAN TAP DANCE FOUNDATION INC | |||||||
| 530 W 45TH ST APT 11M | NEW YORK | NY | 10036 | N/A | PC | General & Unrestricted | $75,000 |
| BABY BUGGY INC | |||||||
| 306 W 37TH ST 8TH FL | NEW YORK | NY | 10018 | N/A | PC | General & Unrestricted | $125,000 |
| BRANDYWINE CONSERVANCY & MUSEUM OF ART | |||||||
| PO BOX 141 | CHADDS FORD | PA | 19317 | N/A | PC | General & Unrestricted | $100,000 |
| COMMUNITY FOUNDATION FOR PALM BEACH & MARTIN COUNT | |||||||
| 700 S DIXIE HWY STE 200 | WEST PALM BCH | FL | 33401 | N/A | PC | General & Unrestricted | $25,000 |
| CONNECT US INC | |||||||
| 1000 LAFAYETTE BLVD 2ND FL | BRIDGEPORT | CT | 06604 | N/A | PC | General & Unrestricted | $25,000 |
| COVENANT HOUSE | |||||||
| 5 PENN PLZ | NEW YORK | NY | 10001 | N/A | PC | General & Unrestricted | $125,000 |
| EXODUS SCHOOL | |||||||
| 309 E 103RD ST | NEW YORK | NY | 10029 | N/A | PC | General & Unrestricted | $100,000 |
| FRIENDS OF THE HIGH LINE INC | |||||||
| 820 WASHINGTON ST | NEW YORK | NY | 10014 | N/A | PC | General & Unrestricted | $100,000 |
| HARLEM ACADEMY | |||||||
| 655 ST NICHOLAS AVE | NEW YORK | NY | 10030 | N/A | PC | General & Unrestricted | $100,000 |
| HEAD STRONG PROJECT INC | |||||||
| PO BOX 412572 | BOSTON | MA | 02241 | N/A | PC | General & Unrestricted | $75,000 |
| HELPUSADOPT ORG INC | |||||||
| PO BOX 787 | NEW YORK | NY | 10150 | N/A | PC | General & Unrestricted | $75,000 |
| MULTIPLYING GOOD INC | |||||||
| 348 WEST 57TH ST 115 | NEW YORK | NY | 10019 | N/A | PC | General & Unrestricted | $100,000 |
| OPERATION WARM INC | |||||||
| PO BOX 822431 | PHILADELPHIA | PA | 19182 | N/A | PC | General & Unrestricted | $75,000 |
| PENNYS FLIGHT FOUNDATION INC | |||||||
| 65 DUCK POND RD | GLEN COVE | NY | 11542 | N/A | PC | General Support | $100,000 |
| READWORKS INC | |||||||
| PO BOX 24673 | BROOKLYN | NY | 11202 | N/A | PC | General & Unrestricted | $125,000 |
| RIVER FUND NEW YORK INC | |||||||
| 8911 LEFFERTS BLVD | RICHMOND HILL | NY | 11418 | N/A | PC | General & Unrestricted | $125,000 |
| THE ARTS CONNECTION INC | |||||||
| 45 W 34TH ST STE 1210 | NEW YORK | NY | 10001 | N/A | PC | General & Unrestricted | $50,000 |
| THE POSSE FOUNDATION INC | |||||||
| 14 WALL ST STE 8A60 | NEW YORK | NY | 10005 | N/A | PC | General & Unrestricted | $25,000 |
| WHEATON COLLEGE | |||||||
| 26 E MAIN ST | NORTON | MA | 02766 | N/A | PC | General & Unrestricted | $50,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,575,000 | 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 | $34,569 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $538,280 | 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 | $634,519 | 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 (2 entries)
| DescDesc | BusinessBusinessCd | Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|---|---|
| K-1 Inc/Loss | 525990 | -$15,124 | 14 | $213,079 |
| PFIC INCOME FROM AG DLI II LP | 01 | $61,538 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | -$15,124 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $1,481,985 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,466,861 | 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 | Beard Jr Anson M | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1100 South Flagler Drive Unit 1004 | AddressLine1Txt |
| City | West Palm Beach | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33401 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $75,000 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | General Consultations | CategoryTxt |
| Amt | $725 | Amt |
| Disbursements Charitable Prps | $725 | DisbursementsCharitablePrpsAmt |
Compensation Explanation CompensationExplanation
Compensation Explanation CompensationExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Philip Andryc | PersonNm |
| Short Explanation | * PHILIP ANDRYC, TRUSTEE OF TSUNAMI (THE "FOUNDATION"), IS A DISQUALIFIED PERSON WITH RESPECT TO THE FOUNDATION. DURING TAXABLE YEAR ENDING DECEMBER 31, 2023, THE FOUNDATION PAID $75,000 TO PHILIP ANDRYC FOR INVESTMENT MANAGEMENT SERVICES AS REPORTED IN FORM 990-PF, PART I, LINE 16C. | ShortExplanationTxt |
Depreciation Schedule DepreciationSchedule
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp (2 entries)
| IdentifierIdentifierTxt | Form And Line ReferenceFormAndLineReferenceDesc | Medium ExplanationMediumExplanationTxt |
|---|---|---|
| Form 990-PF | 990-PF | One or more partnerships have provided a Schedule K-3 for the tax year in which they have checked one or more of the boxes in Part I but not provided sufficient back-up information to allow the Foundation to verify why such boxes were checked or the extent to which the checking of such boxes affects any item on this return. The Foundation has prepared this return to the best of its ability and without any foreign filings for such partnerships based on the information provided to it by these partnerships and on the basis of having received no information to the contrary. Any missing or incomplete information is due to the Foundation's inability to obtain such information and is not a willful attempt to withhold such information. |
| Form 8865 | FORM 8865 | The Foundation has prepared this form to the best of its ability based on the limited information provided to it by the investment on which the Foundation is reporting and on the basis of having received no information to the contrary. Any missing or incomplete information is due to the Foundation's inability to obtain such information and is not a willful attempt to withhold such information. |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (7 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| BK OF AMERICA CORP BOND PERPET | $150,938 | $149,639 |
| CITI GROUP - 7.625% - 12/31/20 | $250,625 | $254,888 |
| CITIGROUP INC BOND PERPETUAL - | $253,906 | $253,033 |
| FORD MOTOR COMPANY - 6.625% - | $250,820 | $263,167 |
| GOLDMAN SACHS - 7.500% - 12/31 | $248,750 | $260,950 |
| JP MORGAN CHASE PERP SR NT - 6 | $208,000 | $199,602 |
| WELLS FARGO BANK - 7.625% - 12 | $254,500 | $261,636 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (14 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| APOLLO GLOBAL MGMT INC SER A M | $200,000 | $225,560 |
| BAC CAPITAL TR X - 6.250% - 03 | $204,151 | $198,560 |
| BLACKSTONE SEC LENDING | $299,368 | $328,916 |
| BLUE OWL CAPITAL CORPORATION | $442,758 | $461,988 |
| CITIGROUP CAPITAL XIII - 7.875 | $252,841 | $285,400 |
| HARDING LOEVNER INTL EQUITY | $311,335 | $310,802 |
| HARTFORD CORE EQUITY CL I | $1,521,602 | $2,169,847 |
| ISHARES RUSSELL 3000 | $1,081,782 | $1,204,456 |
| JPMORGAN CHASE & CO 6 DEP NCM | $258,000 | $253,100 |
| KIMBELL ROYALTY PARTNERS | $428,347 | $451,500 |
| LOOMIS SAYLES FDS INV GRADE BO | $654,477 | $654,254 |
| PIMCO LOW DURATION INCOME FUND | $266,591 | $271,702 |
| T. ROWE PRICE US EQUITY RESEAR | $2,202,410 | $2,328,479 |
| VIRTUS KAR SMALL-MID CAP CORE | $500,000 | $524,802 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $1,002,930 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $1,011,602 | USGovtObligationsEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (19 entries)
| Category Or ItemCategoryOrItemTxt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| AG DLI II, L.P | $561,791 | $729,218 |
| ATREIDES FOUNDATION FUND, LTD | $1,500,000 | $1,366,857 |
| BLUE OWL RE FD V (FKA OAK ST R | $775,571 | $918,824 |
| COATUE OFFSHORE FUND, LTD | $2,000,000 | $5,314,234 |
| ENERGY TRANSFER LP | $127,703 | $276,000 |
| ENTERPRISE PRODUCTS PARTNERS L | $95,473 | $658,750 |
| FARALLON CAPITAL INSTITUTIONAL | $1,202,356 | $1,251,081 |
| HARBOURVEST ACCESS - DOVER STR | $171,300 | $227,579 |
| KNIGHTSBRIDGE VENTURE CAPITAL | $284,848 | $305,465 |
| LIGHTHOUSE INDIA FUND III LTD | $426,603 | $646,406 |
| MGG SF EVERGREEN UNLEVERED FUN | $1,993,464 | $1,883,824 |
| OAKTREE STRATEGIC CREDIT FUND | $1,500,000 | $1,511,741 |
| PANTERA BLOCKCHAIN OFFSHORE FU | $997,313 | $1,046,348 |
| PE PREMIER OAKTREE OPPORTUNITI | $10,000 | $8,961 |
| SEG PARTNERS OFFSHORE LTD CLAS | $749,041 | $1,101,793 |
| STRATEGIC PARTNERS RE VIII FEE | $32,310 | $31,877 |
| TCG BALANCED FUND, L.P | $714,862 | $1,435,360 |
| THIRD PT OFFSHORE FUND LTD | $1,250,000 | $1,130,901 |
| STRATEGIC PARTNERS OFF RE VIII | $27,189 | $27,189 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | General Consultations | CategoryTxt |
| Legal Fees | $14,500 | LegalFeesAmt |
| Disbursements Charitable Prps | $14,500 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (9 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| Administrative Fees | $60,993 | $60,993 | |
| K-1 Exp BLUE OWL RE FD V (FKA | $4,706 | $4,706 | |
| K-1 Exp ENERGY TRANSFER LP | $3,514 | $2,324 | |
| K-1 Exp ENTERPRISE PRODUCTS PA | $127 | $11 | |
| K-1 Exp FARALLON CAPITAL INSTI | $1,608 | $1,514 | |
| K-1 Exp HARBOURVEST ACCESS - D | $1,436 | $1,436 | |
| K-1 Exp KNIGHTSBRIDGE VENTURE | $20,981 | $20,551 | |
| K-1 Exp LIGHTHOUSE INDIA FUND | $16,568 | $16,568 | |
| K-1 Exp TCG BALANCED FUND, L.P | $36,181 | $36,177 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (11 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| pfic income from AG DLI II LP | $61,538 | $61,538 |
| K-1 Inc/Loss BLUE OWL RE FD V (FKA OAK ST RE V) | $12,089 | $12,089 |
| K-1 Inc/Loss ENERGY TRANSFER LP | $693 | $2,133 |
| K-1 Inc/Loss ENTERPRISE PRODUCTS PARTNERS LP | -$13,869 | -$228 |
| K-1 Inc/Loss FARALLON CAPITAL INSTITUTIONAL PARTN | $35,354 | $35,354 |
| K-1 Inc/Loss HARBOURVEST ACCESS - DOVER STREET XI | $24 | $24 |
| K-1 Inc/Loss KNIGHTSBRIDGE VENTURE CAPITAL X LP | $823 | $866 |
| K-1 Inc/Loss LIGHTHOUSE INDIA FUND III LTD | $550 | $550 |
| K-1 Inc/Loss MGG SF EVERGREEN UNLEVERED FUND L.P | $152,297 | $152,297 |
| K-1 Inc/Loss STRATEGIC PARTNERS RE VIII FEEDER O | $40 | $40 |
| K-1 Inc/Loss TCG BALANCED FUND, L.P | $9,954 | $9,608 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Investment Management Services | CategoryTxt |
| Amt | $188,897 | Amt |
| Net Investment Income | $188,897 | NetInvestmentIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt |
|---|---|
| 990-PF Estimated Tax for 2023 | $8,900 |
| STATE INCOME TAX 2022 | $24 |
| STATE INCOME MISCELLANEOUS FEE | $51 |