LAFFERTY FAMILY FOUNDATION INC: Form 990PF, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- LAFFERTY FAMILY FOUNDATION INC (EIN 59-6199488)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2023-02-14
- IRS object ID
- 202300459349101105
- 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
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-02-14T13:01:14-06:00 | ReturnTs |
| Tax Period End | 2021-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 591818353 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KAUFMAN ROSSIN & CO PA | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 SE 3RD AVENUE SUITE 2400 | AddressLine1Txt |
| City | FT LAUDERDALE | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33394 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2021-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 596199488 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LAFFERTY FAMILY FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | LAFF | BusinessNameControlTxt |
| Phone | 9544626300 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 651 VENEZIA GRANDE | AddressLine1Txt |
| City | NAPLES | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 34119 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | AMY HSIEH | PersonNm |
| Person Title | TREASURER | PersonTitleTxt |
| Phone | 6502692175 | PhoneNum |
| Signature | 2023-02-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | AMY | PersonFirstNm |
| Person Last | HSIEH | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ANDREW S TAUBMAN CPA | PreparerPersonNm |
| PTIN | P00066513 | PTIN |
| Phone | 9545664400 | PhoneNum |
| Preparation | 2023-02-14 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| 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) |
|---|---|---|
| Address Change | Yes (X) | AddressChangeInd |
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $2,491,385 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $36,852 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $35,923 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $67,667 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $287,015 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $67,667 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $46,435 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $0 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $150,954 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $103,590 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $361 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $91 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $0 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $11,130 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $2,783 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $15,000 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $19,170 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $19,170 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $45,661 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $22,044 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $89,740 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $89,740 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $135,401 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $22,044 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $89,740 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $15,553 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $81,546 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $221,848 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $70,032 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $70,032 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $690,584 | CorporateStockBOYAmt |
| Corporate Stock EOY | $730,003 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $1,051,131 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $972,384 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $1,101,172 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $1,370,222 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $1,884,816 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,901,207 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $2,491,385 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $1,884,816 | RetainedEarningBOYAmt |
| Retained Earning EOY | $1,901,207 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $1,884,816 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $1,901,207 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $1,884,816 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $1,901,207 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $1,884,816 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $15,553 | ExcessRevenueOverExpensesAmt |
| Other Increases | $838 | OtherIncreasesAmt |
| Subtotal | $1,901,207 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $1,901,207 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES - #0050 | P | $58,800 | $50,000 | $8,800 | $8,800 |
| PUBLICLY TRADED SECURITIES - #0065 | P | $224,652 | $169,348 | $55,304 | $55,304 |
| CAPITAL GAINS DIVIDENDS | P | $3,563 | $3,563 | $3,563 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $67,667 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $1,133 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $1,133 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $1,133 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $1,896 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $500 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $2,396 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $1,263 | OverpaymentAmt |
| Applied To ES Tax | $1,263 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | FL | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE ORGANIZATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 9544626300 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 651 VENEZIA GRANDE | AddressLine1Txt |
| City | NAPLES | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 34119 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | 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 |
|---|---|---|---|---|---|---|---|---|
| JOAN D LAFFERTY | ||||||||
| 411 NORTH NEW RIVER DR EAST 1904 | FORT LAUDERDALE | FL | 33301 | PRESIDENT | 1.00 | $0 | $0 | $0 |
| AMY LAFFERTY HSIEH | ||||||||
| 191 OAK GROVE AVENUE | ATHERTON | CA | 94027 | SECRETARY/TREASURER | 1.00 | $0 | $0 | $0 |
| ROBERT W LAFFERTY SR | ||||||||
| 824 S RIO VISTA BOULEVARD | FORT LAUDERDALE | FL | 33316 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| KIMBERLY LAFFERTY ETZEL | ||||||||
| 651 VENEZIA GRANDE DRIVE | NAPLES | FL | 34119 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $2,017,546 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $185,543 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $214,883 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $2,417,972 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $2,417,972 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $36,270 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $2,381,702 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $119,085 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $119,085 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $1,133 | TaxBasedOnInvestmentIncomeAmt |
| Income Tax | $7,031 | IncomeTaxAmt |
| Total Tax | $8,164 | TotalTaxAmt |
| Distributable Before Adj | $110,921 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $110,921 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $110,921 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $89,740 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $89,740 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $110,921 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $69,286 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $16,242 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $216,215 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $268,368 | ExcessDistributionCyovYr2Amt |
| Total Excess Distribution Cyov | $570,111 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $89,740 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $89,740 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $21,181 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $21,181 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $548,930 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $48,105 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $500,825 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $16,242 | ExcessFromYear4Amt |
| Excess From Year3 | $216,215 | ExcessFromYear3Amt |
| Excess From Year2 | $268,368 | ExcessFromYear2Amt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (34 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|
| 5 IN 5 SCHOLARSHIP | ||||||||
| HIGHLANDS COUNTRY CLUB PO BOX 220 | HIGHLANDS | NC | 28741 | N/A | PUBLIC CHARITY | GENERAL OPERATIONS | $5,000 | |
| BEL CANTO | ||||||||
| PO BOX 2392 | HIGHLANDS | NC | 28741 | N/A | PUBLIC CHARITY | GENERAL OPERATIONS | $1,000 | |
| BILLY GRAHAM | ||||||||
| 1 BILLY GRAHAM PARKWAY | CHARLOTTE | NC | 28201 | N/A | PUBLIC CHARITY | GENERAL OPERATIONS | $1,000 | |
| CENTER FOR LIFE ENRICHMENT | ||||||||
| 348 SOUTH FIFTH STREET | HIGHLANDS | NC | 28741 | N/A | PUBLIC CHARITY | GENERAL OPERATIONS | $2,500 | |
| CHRIST COMMUNITY CHURCH | ||||||||
| 329 NORTH WILLIAMSON BLVD | DAYTONA BEACH | FL | 32114 | N/A | PUBLIC CHARITY | GENERAL OPERATIONS | $1,200 | |
| COLSON CENTER | ||||||||
| PO BOX 50396 | COLORADO SPINGS | CO | 80949 | N/A | PUBLIC CHARITY | GENERAL OPERATIONS | $500 | |
| CONCERNED WOMEN FOR AMERICA | ||||||||
| PO BOX 61115 | PUEBLO | CO | 81008 | N/A | PUBLIC CHARITY | GENERAL OPERATIONS | $5,000 | |
| CRU - ADDED ADDITIONAL FOR RENTZ SMALLEY DEBARDEKABEN | ||||||||
| POBOX 628222 | ORLANDO | FL | 32862 | N/A | PUBLIC CHARITY | GENERAL OPERATIONS | $5,000 | |
| EDUCATIONAL PATHWAYS ACADEMY | ||||||||
| 1351 PINE STREET | NAPLES | FL | 34104 | N/A | PUBLIC CHARITY | GENERAL OPERATIONS | $10,540 | |
| FAMILY RESEARCH COUNSIL | ||||||||
| PO BOX 2339 | HOLLAND | MI | 49422 | N/A | PUBLIC CHARITY | GENERAL OPERATIONS | $1,000 | |
| GULF COMMUNITY CHURCH | ||||||||
| PO BOX 110343 | NAPLES | FL | 34108 | N/A | PUBLIC CHARITY | GENERAL OPERATIONS | $1,000 | |
| HERITAGE FOUNDATION | ||||||||
| PO BOX 97057 | WASHINGTON | DC | 20077 | N/A | PUBLIC CHARITY | GENERAL OPERATIONS | $1,000 | |
| HIGHLANDS CASHIERS CHAMBER MUSIC | ||||||||
| PO BOX 1702 | HIGHLANDS | NC | 28741 | N/A | PUBLIC CHARITY | GENERAL OPERATIONS | $1,000 | |
| HIGHLANDS CASHIERS HOSPITAL FOUNDATION | ||||||||
| PO BOX 742 | HIGHLANDS | NC | 28741 | N/A | PUBLIC CHARITY | GENERAL OPERATIONS | $1,000 | |
| HIGHLANDS COMMUNITY FUND | ||||||||
| PO BOX 1150 | HIGHLANDS | NC | 28741 | N/A | PUBLIC CHARITY | GENERAL OPERATIONS | $1,000 | |
| HOPE HELP LIVE | ||||||||
| 2 PADNOR CORPORATE CENTER SUITE 100 | RANDOR | PA | 19087 | N/A | PUBLIC CHARITY | GENERAL OPERATIONS | $5,000 | MATSONFORD ROAD |
| IN HIS GRIP | ||||||||
| PO BOX 2056 | SPRING HILL | TN | 37174 | N/A | PUBLIC CHARITY | GENERAL OPERATIONS | $2,000 | |
| KIDS ALIVE INTERNATIONAL | ||||||||
| 2507 CUMBERLAND ROAD | VALPARAISO | IN | 46384 | N/A | PUBLIC CHARITY | GENERAL OPERATIONS | $1,000 | |
| LEADERSHIP INSTITTUE | ||||||||
| STEVE P J WOOD BUILDING | ARLINGTON | VA | 22201 | N/A | PUBLIC CHARITY | GENERAL OPERATIONS | $3,000 | |
| LITERACY COUNCIL | ||||||||
| 348 SOUTH 5TH STREET | HIGHLANDS | NC | 28741 | N/A | PUBLIC CHARITY | GENERAL OPERATIONS | $2,000 | |
| LUIS PALAU ASSOCIATION | ||||||||
| PO BOX 50 | PORTLAND | OR | 97207 | N/A | PUBLIC CHARITY | GENERAL OPERATIONS | $20,000 | |
| MISSION OF HOPE | ||||||||
| PO BOX 171500 | AUSTIN | TX | 78717 | N/A | PUBLIC CHARITY | GENERAL OPERATIONS | $1,000 | |
| PRISON FELLOWSHIP | ||||||||
| PO BOX 1550 | MERRIFIELD | VA | 22116 | N/A | PUBLIC CHARITY | GENERAL OPERATIONS | $6,000 | |
| SALVATION ARMY | ||||||||
| PO BOX 120158 | FT LAUDERDALE | FL | 33312 | N/A | PUBLIC CHARITY | GENERAL OPERATIONS | $1,000 | |
| SCC FOUNDATION FOR EVA MCCALL | ||||||||
| 477 COLLEGE DRIVE | SYLVA | NC | 28779 | N/A | PUBLIC CHARITY | GENERAL OPERATIONS | $1,000 | |
| SOCIETY FOR TRUTH AND JUSTICE TERRY RANDALL AND ANDREA | ||||||||
| PO BOX 420 | ELLENDALE | TN | 38029 | N/A | PUBLIC CHARITY | GENERAL OPERATIONS | $1,000 | |
| STUDENTS FOR LIFE ACTION | ||||||||
| PO BOX 96923 | WASHINGTON | DC | 20090 | N/A | PUBLIC CHARITY | GENERAL OPERATIONS | $2,000 | |
| TELLING THE TRUTH | ||||||||
| 450 N SUNNY SLOPE ROAD | BROOKFIELD | WI | 53005 | N/A | PUBLIC CHARITY | GENERAL OPERATIONS | $1,000 | |
| THE BACKPACK BARBER FOUNDATION | ||||||||
| 504 NW 1ST AVENUE | FT LAUDERDALE | FL | 33301 | N/A | PUBLIC CHARITY | GENERAL OPERATIONS | $2,000 | |
| THOMAS MORE SOCIETY | ||||||||
| 309 W WASHINGTON ST SUITE 1250 | CHICAGO | IL | 60606 | N/A | PUBLIC CHARITY | GENERAL OPERATIONS | $1,000 | |
| TIM TEBOW FOUNDATION | ||||||||
| 2220 COUNTY BARN ROAD 210 WEST | JACKSONVILLE | FL | 32259 | N/A | PUBLIC CHARITY | GENERAL OPERATIONS | $1,000 | |
| TONY PERKINS | ||||||||
| PO BOX 420 | ELLENDATE | TN | 38029 | N/A | PUBLIC CHARITY | GENERAL OPERATIONS | $500 | |
| US CHINA CULTURAL INSTITUTE | ||||||||
| 150 E 69TH STREET APT 2N | NEW YORK | NY | 10021 | N/A | PUBLIC CHARITY | GENERAL OPERATIONS | $500 | |
| VALERIE'S HOUSE | ||||||||
| PO BOX 1955 | FT MYERS | FL | 33902 | N/A | PUBLIC CHARITY | GENERAL OPERATIONS | $1,000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $89,740 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $36,852 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $67,667 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | S CORPORATION DISTRIBUTIONS | Desc |
| Exclusion | 18 | ExclusionCd |
| Exclusion | $46,435 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $150,954 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $150,954 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $11,130 | Amt |
| Net Investment Income | $2,783 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| MORGAN STANLEY #0065 EQUITIES | $430,003 | $681,131 |
| MORGAN STANLEY #0050 EQUITIES | $300,000 | $370,000 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (3 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| MORGAN STANLEY #0065 MUTUAL FUNDS | AT COST | $886,885 | $894,201 |
| MORGAN STANLEY #0065 ETF | AT COST | $214,287 | $261,138 |
| THE WELSEY COMPANIES, INC | AT COST | $0 | $214,883 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $361 | LegalFeesAmt |
| Net Investment Income | $91 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| BANK FEES | $0 | $0 | $0 |
| INVESTMENT ADVISORY FEES | $17,488 | $17,488 | $0 |
| NORTHPOINT FINANCIAL | $1,682 | $1,682 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | S CORPORATION DISTRIBUTIONS | Desc |
| Revenue And Expenses Per Books | $46,435 | RevenueAndExpensesPerBooksAmt |
| Adjusted Net Income | $46,435 | AdjustedNetIncomeAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MISCELLANEOUS TIMING DIFFERENCES | Desc |
| Amt | $838 | Amt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FORM 990-T - 2020 ESTIMATED PAYMENT | CategoryTxt |
| Amt | $15,000 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |