TOM RUSSELL CHARITABLE FOUNDATION INC: Form 990PF, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- TOM RUSSELL CHARITABLE FOUNDATION INC (EIN 36-6082517)
- Tax period
- 2021-09-01 to 2022-08-31
- Filed
- 2023-01-17
- IRS object ID
- 202330179349100408
- Schema version
- 2021v4.2
- 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
- All Oth Prog Rltd Investments Sch
- Depreciation Schedule
- Expenditure Responsibility Stmt
- General Explanation Attachment
- Investments Corp Stock Schedule
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-01-17T11:23:06-06:00 | ReturnTs |
| Tax Period End | 2022-08-31 | 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 | 2021-09-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 366082517 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Tom Russell Charitable Foundation Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % Foundation Source | InCareOfNm |
| Business Name Control | TOMR | 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 | crawford crenshaw | PersonNm |
| Person Title | secretary | PersonTitleTxt |
| Phone | 8008391754 | PhoneNum |
| Signature | 2022-01-06 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | crawford | PersonFirstNm |
| Person Last | crenshaw | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
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 | 2021 | TaxYr |
| Build TS | 2023-03-07 01:45:13Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $25,928,172 | 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 |
| Interest On Sav Rev And Expnss | $2,851 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $2,851 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $311,974 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $311,974 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $1,841,997 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $11,433,112 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $1,841,997 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $1,943 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $1,943 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $2,158,765 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $2,158,765 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $96,500 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $96,500 | CompOfcrDirTrstDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $2,470 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $2,470 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $9,500 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $9,500 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $124,542 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $116,942 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $7,600 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $35,830 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $2,855 | TaxesNetInvstIncmAmt |
| Trav Conf Meeting Rev And Expnss | $10,409 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $10,409 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $60,858 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $37 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $60,821 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $340,109 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $119,834 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $187,300 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $680,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $680,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,020,109 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $119,834 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $867,300 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $1,138,656 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $2,038,931 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $204,520 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $476,457 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $476,457 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $17,670,683 | CorporateStockBOYAmt |
| Corporate Stock EOY | $18,282,402 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $23,800,715 | CorporateStockEOYFMVAmt |
| Other Assets BOY | $1,396,000 | OtherAssetsBOYAmt |
| Other Assets EOY | $1,651,000 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $1,651,000 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $19,271,203 | TotalAssetsBOYAmt |
| Total Assets EOY | $20,409,859 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $25,928,172 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $19,271,203 | RetainedEarningBOYAmt |
| Retained Earning EOY | $20,409,859 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $19,271,203 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $20,409,859 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $19,271,203 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $20,409,859 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $19,271,203 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $1,138,656 | ExcessRevenueOverExpensesAmt |
| Subtotal | $20,409,859 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $20,409,859 | 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 | $11,433,112 | GrossSalesPriceAmt |
| Cost Or Other Basis | $9,591,115 | CostOrOtherBasisAmt |
| Gain Or Loss | $1,841,997 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $1,841,997 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $1,841,997 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $28,341 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $28,341 | SubtotalAmt |
| Tax Based On Investment Income | $28,341 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $23,900 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Total Payments And Credits | $23,900 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Tax Due | $4,441 | 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 | Yes (true) | 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 | IL | 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 | 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 | Yes (true) | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | false | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | Yes (true) | MaintainedExpenditureRspnsInd |
| 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 (4 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 |
|---|---|---|---|---|---|---|---|---|
| J KIRBY AIKEN | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir, VP | 5.0 | $25,000 | $0 | $0 |
| John L Bishop | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir, Treas | 5.0 | $25,000 | $0 | $0 |
| Crawford Crenshaw | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir, Sec | 5.0 | $19,000 | $0 | $0 |
| David S Lindquist | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir, Pres | 5.0 | $27,500 | $0 | $0 |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| First American Bank | |||||
| 700 Busse Rd | ELK GROVE VILLAGE | IL | 60007 | Investment Mgt | $88,911 |
| Foundation Source | |||||
| 55 Walls Drive 3rd Fl | FAIRFIELD | CT | 06824 | Administrative | $60,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Summary Of Direct Chrtbl Acty | SummaryOfDirectChrtblActyGrp |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | SELF-HELP CREDIT UNION - TO PROVIDE HOME AND COMMERCIAL LOANS TO LOW-INCOME BORROWERS OF COLOR IN NORTH CAROLINA | Description1Txt |
| Expenses1 | $356,000 | Expenses1Amt |
| Description2 | SELF-HELP FEDERAL CREDIT UNION - TO PROVIDE HOME AND COMMERCIAL LOANS TO LOW INCOME BORROWERS OF COLOR IN THE CHICAGO AREA | Description2Txt |
| Expenses2 | $300,000 | Expenses2Amt |
| All Other Program Rltd Invst Tot | $300,000 | AllOtherProgramRltdInvstTotAmt |
| Total | $956,000 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $27,537,746 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $618,910 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $28,156,656 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $28,156,656 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $422,350 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $27,734,306 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,386,715 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,386,715 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $28,341 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $28,341 | TotalTaxAmt |
| Distributable Before Adj | $1,358,374 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $701,000 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $2,059,374 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $2,059,374 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $867,300 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $956,000 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $1,823,300 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $2,059,374 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $1,817,301 | UndistributedIncomePYAmt |
| Prior Year1 | 2019 | PriorYear1Yr |
| Prior Year2 | 2018 | PriorYear2Yr |
| Prior Year3 | 2017 | PriorYear3Yr |
| Qualifying Distributions | $1,823,300 | QualifyingDistributionsAmt |
| Applied To Year1 | $1,817,301 | AppliedToYear1Amt |
| Applied To Current Year | $5,999 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Undistributed Income CY | $2,053,375 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
| Excess From Current Year | $0 | 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 (43 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| BRIDGES OF NORMAN INC | |||||||
| 1670 STUBBEMAN AVE | NORMAN | OK | 73069 | N/A | PC | General & Unrestricted | $10,000 |
| CALVARY CHURCH | |||||||
| 9S200 STATE RT 59 | NAPERVILLE | IL | 60564 | N/A | PC | Calvary Christian School Support | $5,000 |
| CENTER FOR CHILDREN AND FAMILIES INC | |||||||
| 210 S COCKREL AVE | NORMAN | OK | 73071 | N/A | PC | General & Unrestricted | $10,000 |
| CENTER FOR COMMUNITY SELF-HELP | |||||||
| 301 W MAIN ST | DURHAM | NC | 27701 | N/A | PC | General & Unrestricted | $2,000 |
| CENTRAL OKLAHOMA AMERICAN INDIAN HEALTH COUNCIL IN | |||||||
| 4913 W RENO AVE | OKLAHOMA CITY | OK | 73127 | N/A | PC | General & Unrestricted | $5,000 |
| CHESS-IN-THE-SCHOOLS INC | |||||||
| 520 8TH AVENUE 22ND FLOOR | NEW YORK | NY | 10018 | N/A | PC | Teachers will receive customized training and access to technology tools that allow offering chess instruction to students at their schools, at their own pace | $50,000 |
| CLEVELAND COUNTY FAMILY YOUNG MENS CHRISTIAN ASSOC | |||||||
| 1350 LEXINGTON AVE | NORMAN | OK | 73069 | N/A | PC | General & Unrestricted | $15,000 |
| COLORADO COALITION FOR THE HOMELESS | |||||||
| 2111 CHAMPA ST | DENVER | CO | 80205 | N/A | PC | General & Unrestricted | $1,500 |
| COLORADO UPLIFT | |||||||
| 400 W 48TH AVE STE 250 | DENVER | CO | 80216 | N/A | PC | to support the Teaching/Mentoring Program | $50,000 |
| COLORADO WOMENS EDUCATION FOUNDATION | |||||||
| PO BOX 1189 | BOULDER | CO | 80306 | N/A | PC | General & Unrestricted | $1,500 |
| COVENANT CHRISTIAN SCHOOL | |||||||
| 10 N EDGELAWN DR | AURORA | IL | 60506 | N/A | PC | General & Unrestricted | $5,000 |
| CRAZY HORSE MEMORIAL FOUNDATION | |||||||
| 12151 AVE OF THE CHIEFS | CRAZY HORSE | SD | 57730 | N/A | PC | General & Unrestricted | $12,500 |
| DONKA INCORPORATED | |||||||
| 400 N COUNTY FARM RD | WHEATON | IL | 60187 | N/A | PC | General & Unrestricted | $50,000 |
| DOROTHEA DIX PARK CONSERVANCY | |||||||
| PO BOX 28575 | RALEIGH | NC | 27611 | N/A | PC | General & Unrestricted | $1,500 |
| DUKE UNIVERSITY | |||||||
| PO BOX 90581 | DURHAM | NC | 27708 | N/A | PC | Duke Gardens educational programs for school age children | $2,500 |
| DUKE UNIVERSITY | |||||||
| PO BOX 90581 | DURHAM | NC | 27708 | N/A | PC | Duke Libraries | $2,500 |
| DUKE UNIVERSITY | |||||||
| PO BOX 90581 | DURHAM | NC | 27708 | N/A | PC | Center for Racial Healing and Transformation | $15,000 |
| ERIE FAMILY HEALTH FOUNDATION INC | |||||||
| 1701 W SUPERIOR ST | CHICAGO | IL | 60622 | N/A | SO I | enable Erie to leverage the return to in-person services, harness new technology, and collaborate with a new Youth Advisory committee to re-engage patients in care and reach increasing numbers of adolescents to address the trauma they have experienced | $50,000 |
| FRIENDS OF THE MOUNTAINS TO SEA | |||||||
| PO BOX 10431 | RALEIGH | NC | 27605 | N/A | PC | Support Kate Dixon Legacy Campaign | $10,000 |
| GADS HILL CENTER | |||||||
| 1919 W CULLERTON ST | CHICAGO | IL | 60608 | N/A | PC | General & Unrestricted | $5,000 |
| GROWING TOGETHER PRESCHOOL | |||||||
| 3301 BOULDER CT | RALEIGH | NC | 27607 | N/A | PC | General & Unrestricted | $7,000 |
| HOPE CENTER AT PULLEN INC | |||||||
| 112 COX AVE STE 100-A | RALEIGH | NC | 27605 | N/A | PC | General & Unrestricted | $5,000 |
| INTER-FAITH FOOD SHUTTLE | |||||||
| 1001 BLAIR DR | RALEIGH | NC | 27603 | N/A | PC | In support of the nutrition programs at RISE Charter School | $7,000 |
| INTERACT | |||||||
| 1012 OBERLIN ROAD STE 100 | RALEIGH | NC | 27605 | N/A | PC | programs in school to support children | $2,500 |
| JUVENILE PROTECTIVE ASSOCIATION | |||||||
| 1707 N HALSTED ST | CHICAGO | IL | 60614 | N/A | PC | General & Unrestricted | $5,000 |
| KIPP OKC PUBLIC SCHOOLS | |||||||
| PO BOX 14128 | OKLAHOMA CITY | OK | 73113 | N/A | PC | General & Unrestricted | $12,500 |
| LATINO EDUCATIONAL ACHIEVEMENT PARTNERSHIP | |||||||
| 1737 HILLANDALE RD | DURHAM | NC | 27705 | N/A | PC | operate two high-quality preschool programs as well as a tutoring program for older students | $55,000 |
| LEARNING TRAIL INC | |||||||
| PO BOX 3061 | CHAPEL HILL | NC | 27515 | N/A | PC | General & Unrestricted | $5,000 |
| LEELANAU CONSERVANCY | |||||||
| PO BOX 1007 | LELAND | MI | 49654 | N/A | PC | General & Unrestricted | $1,000 |
| MARCY LAB INC | |||||||
| 829 JEFFERSON AVE APT 1R | BROOKLYN | NY | 11221 | N/A | PC | Support the continued expansion of our Software Engineering Fellowship, specifically to nearly double our enrollment to 100 young people in the coming year while building the infrastructure | $95,000 |
| PARENT POSSIBLE | |||||||
| 800 N GRANT ST STE 200 | DENVER | CO | 80203 | N/A | PC | General & Unrestricted | $5,000 |
| PARTNERSHIP WITH NATIVE AMERICANS | |||||||
| 16415 ADDISON RD STE 200 | ADDISON | TX | 75001 | N/A | PC | General & Unrestricted | $20,000 |
| RALEIGH CHARTER HIGH SCHOOL | |||||||
| 1307 GLENWOOD AVE | RALEIGH | NC | 27605 | N/A | PC | General & Unrestricted | $1,000 |
| RESURRECTION PROJECT | |||||||
| 1805 S PAULINA ST | CHICAGO | IL | 60608 | N/A | PC | General & Unrestricted | $15,000 |
| SE RALEIGH PROMISE INC | |||||||
| 900 S WILMINGTON ST STE 105 | RALEIGH | NC | 27601 | N/A | PC | General & Unrestricted | $35,000 |
| SOUTHEAST RALEIGH CHARTER FOUNDATION INC | |||||||
| 3420 IDLEWOOD VILLAGE DR | RALEIGH | NC | 27610 | N/A | SO II | General & Unrestricted | $82,000 |
| STUDENT U | |||||||
| 600 E UMSTEAD ST | DURHAM | NC | 27701 | N/A | PC | General & Unrestricted | $5,000 |
| THE LOTUS CAMPAIGN INC | |||||||
| 200 S COLLEGE ST STE 200 | CHARLOTTE | NC | 28202 | N/A | PC | General & Unrestricted | $1,000 |
| THE YOUNG MENS CHRISTIAN ASSOCIATION OF THE TRIANG | |||||||
| 801 CORPORATE CENTER DR STE 200 | RALEIGH | NC | 27607 | N/A | PC | Support the Southeast Raleigh Promise Initiatives of the Southeast Raleigh YMCA | $1,000 |
| THRIVE SCHOLARS | |||||||
| 75 FEDERAL ST STE 1250 | BOSTON | MA | 02110 | N/A | PC | Exploring work in Raleigh NC area | $5,000 |
| THRIVE SCHOLARS | |||||||
| 75 FEDERAL ST STE 1250 | BOSTON | MA | 02110 | N/A | PC | Explore expansion of Thrive operations to the Triangle, NC | $5,000 |
| TRIANGLE COMMUNITY FOUNDATION | |||||||
| 324 BLACKWELL ST STE 1220 | DURHAM | NC | 27701 | N/A | PC | This grant is to support the formation of the Triangle Impact Fund | $5,000 |
| UNITED WAY OF THE GREATER TRIANGLE INC | |||||||
| PO BOX 110583 | DURHAM | NC | 27709 | N/A | PC | General & Unrestricted | $1,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $680,000 | 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 | $2,851 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $311,974 | 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 | $1,841,997 | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CLASS ACTION LAWSUIT PROCEEDS | Desc |
| Exclusion | 01 | ExclusionCd |
| Exclusion | $1,943 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $2,158,765 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $2,158,765 | 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 | Tax Return Preparation/Review | CategoryTxt |
| Amt | $9,500 | Amt |
| Disbursements Charitable Prps | $9,500 | DisbursementsCharitablePrpsAmt |
All Oth Prog Rltd Investments Sch AllOthProgRltdInvestmentsSch
All Other Program Related Invst AllOtherProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | THE RESURRECTION PROJECT - SEE GENERAL EXPLANATION | Desc |
| Amt | $300,000 | Amt |
Depreciation Schedule DepreciationSchedule
Expenditure Responsibility Stmt ExpenditureResponsibilityStmt
Expenditure Responsibility ExpenditureResponsibilityGrp (8 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | GrantGrantDt | GrantGrantAmt | Purpose Of GrantPurposeOfGrantTxt | Any Diversion By GranteeAnyDiversionByGranteeTxt | Dates Of Reports By GranteeDatesOfReportsByGranteeTxt | Results Of VerificationResultsOfVerificationTxt |
|---|---|---|---|---|---|---|---|---|---|
| SELF HELP CREDIT UNION | |||||||||
| 301 W MAIN ST | DURHAM | NC | 27701 | 2019-08-26 | $192,000 | PRI LOAN-SEE GENERAL EXPLANATION FOR PURPOSE & ADDTL DETAILS RE AMT EXPENDED & LACK OF DIVERSION | NO | 06/26/2020, 12/28/2021 | THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORTS WERE MADE. |
| SELF HELP FEDERAL CREDIT UNION | |||||||||
| 301 W MAIN ST | DURHAM | NC | 27701 | 2019-08-22 | $150,000 | PRI LOAN-SEE GENERAL EXPLANATION FOR PURPOSE & ADDTL DETAILS RE AMT EXPENDED & LACK OF DIVERSION | NO | 06/26/2020, 12/28/2021 | THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORT WAS MADE. |
| SELF HELP CREDIT UNION | |||||||||
| 301 W MAIN ST | DURHAM | NC | 27701 | 2020-08-25 | $281,000 | PRI LOAN-SEE GENERAL EXPLANATION FOR PURPOSE & ADDTL DETAILS RE AMT EXPENDED & LACK OF DIVERSION | NO | 08/06/2021, 01/12/2023 | THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORT WAS MADE. |
| SELF HELP FEDERAL CREDIT UNION | |||||||||
| 301 W MAIN ST | DURHAM | NC | 27701 | 2020-08-25 | $250,000 | PRI LOAN-SEE GENERAL EXPLANATION FOR PURPOSE & ADDTL DETAILS RE AMT EXPENDED & LACK OF DIVERSION | NO | 08/06/2021, 01/12/2023 | THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORT WAS MADE. |
| SELF HELP CREDIT UNION | |||||||||
| 301 W MAIN ST | DURHAM | NC | 27701 | 2021-08-20 | $240,000 | PRI LOAN-SEE GENERAL EXPLANATION FOR PURPOSE & ADDTL DETAILS RE AMT EXPENDED & LACK OF DIVERSION | NO | 01/12/2023 | NONE NECESSARY |
| SELF HELP FEDERAL CREDIT UNION | |||||||||
| 301 WEST MAIN STREET | DURHAM | NC | 27701 | 2021-08-20 | $220,000 | PRI LOAN-SEE GENERAL EXPLANATION FOR PURPOSE & ADDTL DETAILS RE AMT EXPENDED & LACK OF DIVERSION | NO | 01/12/2023 | NONE NECESSARY |
| SELF HELP CREDIT UNION | |||||||||
| 301 W MAIN ST | DURHAM | NC | 27701 | 2022-08-23 | $356,000 | PRI LOAN-SEE GENERAL EXPLANATION FOR PURPOSE & ADDTL DETAILS RE AMT EXPENDED & LACK OF DIVERSION | NO | EXPECTED IN 2023 | NONE NECESSARY |
| SELF HELP FEDERAL CREDIT UNION | |||||||||
| 301 WEST MAIN STREET | DURHAM | NC | 27701 | 2022-08-23 | $300,000 | PRI LOAN-SEE GENERAL EXPLANATION FOR PURPOSE & ADDTL DETAILS RE AMT EXPENDED & LACK OF DIVERSION | NO | EXPECTED IN 2023 | NONE NECESSARY |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp (9 entries)
| IdentifierIdentifierTxt | Form And Line ReferenceFormAndLineReferenceDesc | Medium ExplanationMediumExplanationTxt |
|---|---|---|
| FORM 990-PF, PART VI-B, LINE 5D - EXPENDITURE RESPONSIBILITY | FORM 990-PF, PART VI-B, LINE 5D - EXPENDITURE RESPONSIBILITY | PRI RECIPIENT: SELF HELP CREDIT UNION DATE OF PRI: 08/26/2019 PURPOSE OF PRI: TO PROVIDE FINANCING TO HIGH-PERFORMING PUBLIC CHARTER SCHOOLS FOR THE PURPOSES OF PURCHASING, DEVELOPING, OR RENOVATING EDUCATIONAL FACILITIES, WITH AN EMPHASIS ON FINANCING SCHOOLS SERVING PREDOMINANTLY DISADVANTAGED AND LOW-INCOME STUDENTS AND COMMUNITIES. REPORTS OF AMOUNTS EXPENDED: SELF HELP CREDIT UNION SUBMITTED A FULL AND COMPLETE FINANCIAL REPORT OF THE TYPE ORDINARILY REQUIRED BY COMMERCIAL INVESTORS UNDER SIMILAR CIRCUMSTANCES AND A STATEMENT THAT IT HAS COMPLIED WITH THE TERMS OF THE INVESTMENT FOR ITS FISCAL YEARS INDICATED BELOW: DATE OF REPORT: 06/26/2020 FOR FYE 12/31/2019 DATE OF REPORT: 12/28/2021 FOR PERIOD 1/1/2020-10/15/2020 THIS INVESTMENT WAS REMOVED FROM THE FOUNDATION'S BOOKS ON 10/15/2020, THE DATE SELF HELP CREDIT UNION PAID BACK THIS LOAN. DIVERSIONS: TO THE KNOWLEDGE OF THE GRANTOR, NO FUNDS HAVE BEEN DIVERTED TO ANY ACTIVITY OTHER THAN THE ACTIVITY FOR WHICH THE INVESTMENT WAS ORIGINALLY MADE. |
| FORM 990-PF, PART VI-B, LINE 5D - EXPENDITURE RESPONSIBILITY | FORM 990-PF, PART VI-B, LINE 5D - EXPENDITURE RESPONSIBILITY | PRI RECIPIENT: SELF HELP FEDERAL CREDIT UNION DATE OF PRI: 08/22/2019 PURPOSE OF PRI: TO PROVIDE HOME AND COMMERCIAL LOANS TO LOW INCOME BORROWERS OF COLOR IN THE CHICAGO AREA. REPORTS OF AMOUNTS EXPENDED: SELF HELP FEDERAL CREDIT UNION SUBMITTED A FULL AND COMPLETE FINANCIAL REPORT OF THE TYPE ORDINARILY REQUIRED BY COMMERCIAL INVESTORS UNDER SIMILAR CIRCUMSTANCES AND A STATEMENT THAT IT HAS COMPLIED WITH THE TERMS OF THE INVESTMENT FOR ITS FISCAL YEARS INDICATED BELOW: DATE OF REPORT: 06/26/2020 FOR FYE 12/31/2019 DATE OF REPORT: 12/28/2021 FOR PERIOD 1/1/2020-09/29/2020 THIS INVESTMENT WAS REMOVED FROM THE FOUNDATION'S BOOKS ON 09/29/2020, THE DATE SELF HELP FEDERAL CREDIT UNION PAID BACK THIS LOAN. DIVERSIONS: TO THE KNOWLEDGE OF THE GRANTOR, NO FUNDS HAVE BEEN DIVERTED TO ANY ACTIVITY OTHER THAN THE ACTIVITY FOR WHICH THE INVESTMENT WAS ORIGINALLY MADE. |
| FORM 990-PF, PART VI-B, LINE 5D - EXPENDITURE RESPONSIBILITY | FORM 990-PF, PART VI-B, LINE 5D - EXPENDITURE RESPONSIBILITY | PRI RECIPIENT: SELF HELP CREDIT UNION DATE OF PRI: 8/25/2020 AMOUNT OF PRI: $281,000 PURPOSE OF PRI: TO PROVIDE FINANCING TO HIGH-PERFORMING PUBLIC CHARTER SCHOOLS FOR THE PURPOSES OF PURCHASING, DEVELOPING, OR RENOVATING EDUCATIONAL FACILITIES, WITH AN EMPHASIS ON FINANCING SCHOOLS SERVING PREDOMINANTLY DISADVANTAGED AND LOW-INCOME STUDENTS AND COMMUNITIES. REPORTS OF AMOUNT EXPENDED: SELF HELP CREDIT UNION SUBMITTED A FULL AND COMPLETE FINANCIAL REPORT OF THE TYPE ORDINARILY REQUIRED BY COMMERCIAL INVESTORS UNDER SIMILAR CIRCUMSTANCES AND A STATEMENT THAT IT HAS COMPLIED WITH THE TERMS OF THE INVESTMENT FOR ITS FISCAL YEARS INDICATED BELOW: DATE OF REPORT: 08/06/2021 FOR FYE 12/31/2020 DATE OF REPORT: 1/12/2023 FOR PERIOD 1/1/2021-10/6/2021 THIS INVESTMENT WAS REMOVED FROM THE FOUNDATION'S BOOKS ON 10/06/2021, THE DATE SELF HELP CREDIT UNION PAID BACK THIS LOAN. DIVERSIONS: TO THE KNOWLEDGE OF THE GRANTOR, NO FUNDS HAVE BEEN DIVERTED TO ANY ACTIVITY OTHER THAN THE ACTIVITY FOR WHICH THE INVESTMENT WAS ORIGINALLY MADE. |
| FORM 990-PF, PART VI-B, LINE 5D - EXPENDITURE RESPONSIBILITY | FORM 990-PF, PART VI-B, LINE 5D - EXPENDITURE RESPONSIBILITY | PRI RECIPIENT: SELF HELP FEDERAL CREDIT UNION DATE OF PRI: 8/25/2020 AMOUNT OF PRI: $250,000 PURPOSE OF PRI: TO PROVIDE HOME AND COMMERCIAL LOANS TO LOW INCOME BORROWERS OF COLOR IN THE CHICAGO AREA. REPORTS OF AMOUNT EXPENDED: SELF HELP FEDERAL CREDIT UNION SUBMITTED A FULL AND COMPLETE FINANCIAL REPORT OF THE TYPE ORDINARILY REQUIRED BY COMMERCIAL INVESTORS UNDER SIMILAR CIRCUMSTANCES AND A STATEMENT THAT IT HAS COMPLIED WITH THE TERMS OF THE INVESTMENT FOR ITS FISCAL YEARS INDICATED BELOW: DATE OF REPORT: 08/06/2021 FOR FYE 12/31/2020 DATE OF REPORT: 1/12/2023 FOR PERIOD 1/1/2021-10/1/2021 THIS INVESTMENT WAS REMOVED FROM THE FOUNDATION'S BOOKS OF 10/1/2021, THE DATE SELF HELP FEDERAL CREDIT UNION PAID BACK THIS LOAN. DIVERSIONS: TO THE KNOWLEDGE OF THE GRANTOR, NO FUNDS HAVE BEEN DIVERTED TO ANY ACTIVITY OTHER THAN THE ACTIVITY FOR WHICH THE INVESTMENT WAS ORIGINALLY MADE. |
| FORM 990-PF, PART VI-B, LINE 5D - EXPENDITURE RESPONSIBILITY | FORM 990-PF, PART VI-B, LINE 5D - EXPENDITURE RESPONSIBILITY | PRI RECIPIENT: SELF HELP CREDIT UNION DATE OF PRI: 8/20/2021 AMOUNT OF PRI: $240,000 PURPOSE OF PRI: TO PROVIDE FINANCING TO HIGH-PERFORMING PUBLIC CHARTER SCHOOLS FOR THE PURPOSES OF PURCHASING, DEVELOPING, OR RENOVATING EDUCATIONAL FACILITIES, WITH AN EMPHASIS ON FINANCING SCHOOLS SERVING PREDOMINANTLY DISADVANTAGED AND LOW-INCOME STUDENTS AND COMMUNITIES. REPORTS OF AMOUNT EXPENDED: SELF HELP CREDIT UNION SUBMITTED A FULL AND COMPLETE FINANCIAL REPORT OF THE TYPE ORDINARILY REQUIRED BY COMMERCIAL INVESTORS UNDER SIMILAR CIRCUMSTANCES AND A STATEMENT THAT IT HAS COMPLIED WITH THE TERMS OF THE INVESTMENT FOR ITS FISCAL YEAR INDICATED BELOW: DATE OF REPORT: 1/12/2023 FOR FYE 12/31/2021 THIS INVESTMENT REMAINED ON THE FOUNDATION'S BOOKS AS OF 08/31/2022. DIVERSIONS: TO THE KNOWLEDGE OF THE GRANTOR, NO FUNDS HAVE BEEN DIVERTED TO ANY ACTIVITY OTHER THAN THE ACTIVITY FOR WHICH THE INVESTMENT WAS ORIGINALLY MADE. |
| FORM 990-PF, PART VI-B, LINE 5D - EXPENDITURE RESPONSIBILITY | FORM 990-PF, PART VI-B, LINE 5D - EXPENDITURE RESPONSIBILITY | PRI RECIPIENT: SELF HELP FEDERAL CREDIT UNION DATE OF PRI: 8/20/2021 AMOUNT OF PRI: $220,000 PURPOSE OF PRI: TO PROVIDE HOME AND COMMERCIAL LOANS TO LOW-INCOME BORROWERS OF COLOR IN THE CHICAGO AREA. REPORTS OF AMOUNT EXPENDED: SELF HELP FEDERAL CREDIT UNION SUBMITTED A FULL AND COMPLETE FINANCIAL REPORT OF THE TYPE ORDINARILY REQUIRED BY COMMERCIAL INVESTORS UNDER SIMILAR CIRCUMSTANCES AND A STATEMENT THAT IT HAS COMPLIED WITH THE TERMS OF THE INVESTMENT FOR ITS FISCAL YEAR INDICATED BELOW: DATE OF REPORT: 1/12/2023 FOR FYE 12/31/2021 THIS INVESTMENT REMAINED ON THE FOUNDATION'S BOOKS AS OF 08/31/2022. DIVERSIONS: TO THE KNOWLEDGE OF THE GRANTOR, NO FUNDS HAVE BEEN DIVERTED TO ANY ACTIVITY OTHER THAN THE ACTIVITY FOR WHICH THE INVESTMENT WAS ORIGINALLY MADE. |
| FORM 990-PF, PART VI-B, LINE 5D - EXPENDITURE RESPONSIBILITY | FORM 990-PF, PART VI-B, LINE 5D - EXPENDITURE RESPONSIBILITY | PRI RECIPIENT: SELF HELP CREDIT UNION DATE OF PRI: 08/23/2022 PURPOSE OF PRI: TO PROVIDE HOME AND COMMERCIAL LOANS TO LOW-INCOME BORROWERS OF COLOR IN NORTH CAROLINA. REPORTS OF AMOUNTS EXPENDED: SELF HELP CREDIT UNION IS EXPECTED TO SUBMIT A FULL AND COMPLETE FINANCIAL REPORT OF THE TYPE ORDINARILY REQUIRED BY COMMERCIAL INVESTORS UNDER SIMILAR CIRCUMSTANCES AND A STATEMENT THAT IT HAS COMPLIED WITH THE TERMS OF THE INVESTMENT IN 2023. THIS INVESTMENT REMAINED ON THE FOUNDATION'S BOOKS AS OF 08/31/2022. DIVERSIONS: TO THE KNOWLEDGE OF THE GRANTOR, NO FUNDS HAVE BEEN DIVERTED TO ANY ACTIVITY OTHER THAN THE ACTIVITY FOR WHICH THE INVESTMENT WAS ORIGINALLY MADE. |
| FORM 990-PF, PART VI-B, LINE 5D - EXPENDITURE RESPONSIBILITY | FORM 990-PF, PART VI-B, LINE 5D - EXPENDITURE RESPONSIBILITY | PRI RECIPIENT: SELF HELP FEDERAL CREDIT UNION DATE OF PRI: 08/23/2022 PURPOSE OF PRI: TO PROVIDE HOME AND COMMERCIAL LOANS TO LOW-INCOME BORROWERS OF COLOR IN THE CHICAGO AREA. REPORTS OF AMOUNTS EXPENDED: SELF HELP FEDERAL CREDIT UNION IS EXPECTED TO SUBMIT A FULL AND COMPLETE FINANCIAL REPORT OF THE TYPE ORDINARILY REQUIRED BY COMMERCIAL INVESTORS UNDER SIMILAR CIRCUMSTANCES AND A STATEMENT THAT IT HAS COMPLIED WITH THE TERMS OF THE INVESTMENT IN 2023. THIS INVESTMENT REMAINED ON THE FOUNDATION'S BOOKS AS OF 08/31/2022. DIVERSIONS: TO THE KNOWLEDGE OF THE GRANTOR, NO FUNDS HAVE BEEN DIVERTED TO ANY ACTIVITY OTHER THAN THE ACTIVITY FOR WHICH THE INVESTMENT WAS ORIGINALLY MADE. |
| PART IX-B LINE 3 SUMMARY OF PROGRAM-RELATED INVESTMENTS | PART IX-B LINE 3 SUMMARY OF PROGRAM-RELATED INVESTMENTS | THE RESURRECTION PROJECT - to provide capital to low income Black and Latino homeowners to increase access to affordable housing |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (87 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| ACCENTURE PLC | $58,626 | $262,210 |
| ACTIVISION BLIZZARD INC | $88,854 | $95,836 |
| ADOBE SYSTEMS, INC | $38,724 | $45,186 |
| AIR PRODS & CHEM INC | $125,690 | $174,443 |
| ALPHABET INC CL A | $191,547 | $616,313 |
| AMAZON COM | $267,169 | $550,055 |
| AMERICAN ELECTRIC POWER INC | $135,971 | $177,254 |
| ANALOG DEVICES INC | $158,085 | $179,563 |
| APPLE INC | $142,763 | $996,618 |
| APPLIED MATERIALS INC | $114,476 | $90,683 |
| ASTRAZENECA | $158,230 | $165,120 |
| BANK OF AMERICA CORP | $105,418 | $141,565 |
| BERKSHIRE HATHAWAY INC. CLASS | $114,279 | $197,122 |
| BOEING CO | $209,277 | $134,129 |
| BOSTON SCIENTIFIC | $135,253 | $146,366 |
| BRISTOL-MYERS SQUIBB CO | $78,541 | $78,128 |
| BROADCOM INC | $78,738 | $237,576 |
| BROWN CAPITAL MANAGEMENT SMALL | $148,371 | $132,915 |
| CHARLES SCHWAB CORP | $151,158 | $144,951 |
| CHEVRON CORP | $116,137 | $196,469 |
| CINTAS CRP | $54,313 | $203,013 |
| CLEARBRIDGE INTERNATIONAL GROW | $852,023 | $882,957 |
| COMCAST CORP | $88,159 | $103,033 |
| CONOCOPHILLIPS | $45,921 | $54,834 |
| CONSTELLATION BRANDS INC | $131,594 | $179,617 |
| CROWN CASTLE INTL | $102,401 | $171,001 |
| CVS CAREMARK CORP | $128,099 | $127,693 |
| DANAHER CORP | $48,707 | $202,163 |
| DOMINION ENERGY INC | $83,217 | $84,336 |
| EASTMAN CHEMICAL CO | $69,749 | $59,787 |
| EATON CORP PLC | $66,922 | $67,500 |
| ELI LILLY & CO | $129,923 | $262,974 |
| EXXON MOBIL CORP | $189,230 | $242,225 |
| FIRST REPUBLIC BANK | $63,188 | $148,945 |
| GOLDMAN SACHS GROUP | $49,487 | $126,082 |
| HOME DEPOT INC | $133,786 | $286,689 |
| HONEYWELL INTL | $82,588 | $152,616 |
| ILLUMINA INC COM | $72,983 | $51,015 |
| INTERCONTINENTAL EXCHANGE, INC | $61,695 | $107,809 |
| IVY MID CAP GROWTH FUND CLASS | $1,260,263 | $843,375 |
| JP MORGAN CHASE | $128,542 | $168,775 |
| KNIGHT SWIFT TRANSPORTATION HO | $76,749 | $83,897 |
| MARRIOTT INTERNATIONAL INC. CL | $77,425 | $161,427 |
| MARSH AND MCLENNAN COMPANIES I | $75,643 | $171,052 |
| MEDTRONIC PLC | $66,927 | $69,193 |
| META PLATFORMS INC | $144,700 | $152,828 |
| MFS NEW DISCOVERY VALUE FUND C | $1,364,882 | $1,640,572 |
| MICROSOFT CORP | $205,272 | $841,672 |
| MONDELEZ INTERNATIONAL INC | $100,854 | $125,328 |
| NIKE INC-CL B | $87,648 | $146,901 |
| NORTHROP GRUMMAN CORP | $92,210 | $186,894 |
| NVIDIA CORP | $191,135 | $130,261 |
| PALO ALTO NETWORKS INC | $110,925 | $142,543 |
| PAYPAL HOLDINGS, INC | $113,394 | $46,440 |
| PEPSICO INC | $100,163 | $215,165 |
| PHILLIPS 66 | $72,338 | $94,470 |
| PIONEER NAT RES CO | $72,078 | $92,172 |
| PNC FINANCIAL GROUP INC | $50,169 | $92,430 |
| PPG INDUSTRIES INC | $55,908 | $54,728 |
| PROCTER GAMBLE CO | $102,091 | $163,597 |
| PROLOGIS | $71,905 | $68,481 |
| REPUBLIC SVCS INC | $54,336 | $98,049 |
| SCHWAB S P 500 INDEX FUND SELE | $1,203,978 | $1,646,923 |
| SERVICE NOW | $61,830 | $54,762 |
| SYNOVUS FINL CP | $83,731 | $66,063 |
| TEXAS INSTRUMENTS INC | $47,577 | $124,073 |
| THERMO FISHER SCIENTIFIC INC | $75,099 | $262,299 |
| TJX COMPANIES INC | $85,815 | $105,247 |
| TRANE TECHNOLOGIES PLC | $53,959 | $103,843 |
| TRANSAMERICA INTERNATIONAL EQU | $1,013,079 | $889,895 |
| ULTA SALON, COSMETICS & FRAGRA | $76,579 | $131,839 |
| UNION PACIFIC | $57,967 | $131,114 |
| UNITEDHEALTH GROUP INC | $118,807 | $380,669 |
| VANGUARD EMERGING MARKETS STOC | $140,000 | $126,744 |
| VANGUARD FTSE EMERGING MARKETS | $225,534 | $209,598 |
| VANGUARD MID-CAP INDEX FD ADMI | $1,074,239 | $993,268 |
| VANGUARD RUSSELL 2000 GROWTH I | $1,511,595 | $1,448,369 |
| VANGUARD S&P MIDCAP 400 GROWTH | $594,431 | $511,442 |
| VANGUARD S&P SMALL CAP 600 | $316,696 | $297,989 |
| VANGUARD SMALL CAP INDEX FD AD | $100,000 | $96,909 |
| VERTIV CL A | $32,904 | $26,058 |
| VICTORY SYCAMORE ESTABLISHED V | $1,308,927 | $1,493,131 |
| VISA INC | $70,627 | $294,488 |
| WAL-MART STORES INC | $37,758 | $61,768 |
| WALT DISNEY HOLDINGS CO | $79,943 | $148,282 |
| WORKDAY INC | $65,715 | $49,697 |
| ZOETIS INC | $98,763 | $79,204 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Document Review/Drafting | CategoryTxt |
| Legal Fees | $2,470 | LegalFeesAmt |
| Disbursements Charitable Prps | $2,470 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (8 entries)
| DescDesc | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| PRI - CLEVELAND CNTY FAMILY YM | $10,000 | $10,000 |
| PRI - PAVE SOUTHEAST RALEIGH C | $50,000 | $50,000 |
| PRI - SELF HELP CREDIT UNION ( | $240,000 | $240,000 |
| PRI - SELF HELP CREDIT UNION ( | $356,000 | $356,000 |
| PRI - SELF HELP FEDERAL CREDIT | $220,000 | $220,000 |
| PRI - SELF HELP FEDERAL CREDIT | $300,000 | $300,000 |
| PRI - THE RESURRECTION PROJECT | $175,000 | $175,000 |
| PRI - THE RESURRECTION PROJECT | $300,000 | $300,000 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| Administrative Fees | $60,000 | $60,000 | |
| Bank Charges | $37 | $37 | |
| Foundation Dues & Memberships | $795 | $795 | |
| State or Local Filing Fees | $26 | $26 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Class Action Lawsuit Proceeds | Desc |
| Revenue And Expenses Per Books | $1,943 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $1,943 | NetInvestmentIncomeAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Investment Management Services | $116,942 | $116,942 | |
| Philanthropic Consulting Srvcs | $7,000 | $7,000 | |
| TRANSCRIPTION SERVICES | $600 | $600 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| 990-PF Estimated Tax for 2022 | $23,900 | |
| 990-PF Excise Tax for 2021 | $9,075 | |
| Foreign Tax Paid | $2,855 | $2,855 |