ELBRIDGE AND DEBRA STUART FAMILY FOUNDATION: Form 990PF, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- ELBRIDGE AND DEBRA STUART FAMILY FOUNDATION (EIN 26-4492027)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-11-14
- IRS object ID
- 202303189349102645
- Schema version
- 2022v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Accounting Fees Schedule
- Contractor Compensation Expln
- Depreciation Schedule
- Expln Of Non Filing With AG Stmt
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Land Etc Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-11-14T12:10:11-06:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SEILER LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | THREE LAGOON DR STE 400 | AddressLine1Txt |
| City | REDWOOD CITY | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94065 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2022-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 264492027 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ELBRIDGE AND DEBRA STUART FAMILY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % ELBRIDGE STUART | InCareOfNm |
| Business Name Control | ELBR | BusinessNameControlTxt |
| Phone | 7757704097 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 8340 | AddressLine1Txt |
| City | INCLINE VILLAGE | CityNm |
| State Abbreviation | NV | StateAbbreviationCd |
| ZIP | 89452 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ELBRIDGE STUART | PersonNm |
| Person Title | DIRECTOR | PersonTitleTxt |
| Phone | 7757704097 | PhoneNum |
| Signature | 2023-11-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | ELBRIDGE | PersonFirstNm |
| Person Last | STUART | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ANTHONY ROZENVASSER | PreparerPersonNm |
| PTIN | P01321165 | PTIN |
| Phone | 6503654646 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $43,390,112 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $0 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $303,600 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $303,600 | DividendsNetInvstIncmAmt |
| Gross Rents Rev And Expnss | $31,873 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $31,873 | GrossRentsNetInvstIncmAmt |
| Net Rental Income Or Loss | $24,292 | NetRentalIncomeOrLossAmt |
| Net Gain Sale Ast Rev And Expnss | -$1,139,585 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $6,006,798 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $117,871 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $117,871 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | -$686,241 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $453,344 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Legal Fees Rev And Expnss | $310 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $310 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $28,028 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $25,225 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $2,803 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $362,542 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $362,542 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $138,377 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $8,220 | TaxesNetInvstIncmAmt |
| Deprec And Dpltn Rev And Expnss | $85,612 | DeprecAndDpltnRevAndExpnssAmt |
| Other Expenses Rev And Expnss | $100,064 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $98,946 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $511 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $714,933 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $494,933 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $3,624 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $2,353,857 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $2,353,857 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $3,068,790 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $494,933 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $2,357,481 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$3,755,031 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $120,295 | CashBOYAmt |
| Cash EOY | $78,894 | CashEOYAmt |
| Cash EOYFMV | $78,894 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $4,741,397 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $1,944,170 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $1,944,170 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $6,898,272 | CorporateStockBOYAmt |
| Corporate Stock EOY | $9,348,096 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $9,563,382 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $2,256,750 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $4,026,051 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $3,671,333 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $20,961,031 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $15,856,292 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $17,294,088 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $10,871,794 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $116,064 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $10,797,839 | LandBOYAmt |
| Land EOY | $10,755,730 | LandEOYAmt |
| Land EOYFMV | $10,755,730 | LandEOYFMVAmt |
| Other Assets BOY | $71,135 | OtherAssetsBOYAmt |
| Other Assets EOY | $82,515 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $82,515 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $45,846,719 | TotalAssetsBOYAmt |
| Total Assets EOY | $42,091,748 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $43,390,112 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $2,000,000 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $2,000,000 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $2,000,000 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $2,000,000 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $43,846,779 | RetainedEarningBOYAmt |
| Retained Earning EOY | $40,091,748 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $43,846,779 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $40,091,748 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $45,846,779 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $42,091,748 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $43,846,779 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$3,755,031 | ExcessRevenueOverExpensesAmt |
| Subtotal | $40,091,748 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $40,091,748 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (9 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| PUBLICLY TRADED SECURTIES | P | $5,870,576 | $6,392,209 | -$521,633 | -$521,633 |
| LONG TERM CAPITAL GAIN DISTRIBUTION | P | $132,224 | $132,224 | $132,224 | |
| FARALLON CAPITAL INSTITUTIONAL PARTNERS | P | $8,632 | -$8,632 | -$8,632 | |
| FORTRESS CREDIT OPPORTUNITIES FUND V EXPANSION (B) LP | P | $3,346 | $3,346 | $3,346 | |
| HCP CHINA CAPITAL APPRECIATION FUND LP (CEIPHEI CAPITAL) | P | $71,731 | -$71,731 | -$71,731 | |
| HCP PRIVATE EQUITY FUND X-A LP | P | $273 | -$273 | -$273 | |
| HCP REAL ESTATE FUND III-A, L.P. | P | $652 | $652 | $652 | |
| SSC MCH LONE CASCADE, L.P. | P | $673,168 | -$673,168 | -$673,168 | |
| HCP PRIVATE EQUITY FUND XI-A LP | P | $370 | -$370 | -$370 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$1,139,585 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $0 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $0 | SubtotalAmt |
| Tax Based On Investment Income | $0 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $87,000 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Total Payments And Credits | $87,000 | TotalPaymentsAndCreditsAmt |
| Overpayment | $87,000 | OverpaymentAmt |
| Applied To ES Tax | $87,000 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | DE | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | false | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | Yes (true) | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | https://stuartfoundation.org/ | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ELBRIDGE STUART | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7757704097 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 8340 | AddressLine1Txt |
| City | INCLINE VILLAGE | CityNm |
| State Abbreviation | NV | StateAbbreviationCd |
| ZIP | 894528340 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| ELBRIDGE H STUART | ||||||||
| PO BOX 8340 | INCLINE VILLAGE | NV | 89452 | director | 20.0 | $0 | $0 | $0 |
| DEBRA E STUART | ||||||||
| PO BOX 8340 | INCLINE VILLAGE | NV | 89452 | director | 10.0 | $0 | $0 | $0 |
| Elbridge H Stuart IV | ||||||||
| PO BOX 8340 | INCLINE VILLAGE | NV | 89452 | DIRECTOR | 1.0 | $0 | $0 | $0 |
| Sarah Oderyd | ||||||||
| PO BOX 8340 | INCLINE VILLAGE | NV | 89452 | director | 1.0 | $0 | $0 | $0 |
| Daniel Oderyd | ||||||||
| PO BOX 8340 | INCLINE VILLAGE | NV | 89452 | DIRECTOR | 1.0 | $0 | $0 | $0 |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| HALL CAPITAL PARTNERS LLC | |||||
| 1 Maritime Plaza 6th floor | SAN FRANCISCO | CA | 94111 | Investment advisory | $146,198 |
| ARCTIC INTERNATIONAL LLC | |||||
| 555 EAST FIFTH STREET STE 909 | AUSTIN | TX | 78704 | CONSULTING | $162,816 |
| 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 | $11,731,856 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $4,760,144 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $19,207,209 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $35,699,209 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $35,699,209 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $535,488 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $35,163,721 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,758,186 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,758,186 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $0 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $0 | TotalTaxAmt |
| Distributable Before Adj | $1,758,186 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $1,758,186 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $1,758,186 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $2,357,481 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $2,357,481 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,758,186 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Prior Year1 | 2020 | PriorYear1Yr |
| Prior Year2 | 2019 | PriorYear2Yr |
| Prior Year3 | 2018 | PriorYear3Yr |
| Excess Distribution Cyov Yr5 | $110,766 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $1,120,356 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $1,694,871 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $1,056,528 | ExcessDistributionCyovYr2Amt |
| Total Excess Distribution Cyov | $3,982,521 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $2,357,481 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Current Year | $1,758,186 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $599,295 | RemainingDistriFromCorpusAmt |
| Total Corpus | $4,581,816 | TotalCorpusAmt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $110,766 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $4,471,050 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $1,120,356 | ExcessFromYear4Amt |
| Excess From Year3 | $1,694,871 | ExcessFromYear3Amt |
| Excess From Year2 | $1,056,528 | ExcessFromYear2Amt |
| Excess From Current Year | $599,295 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | ELBRIDGE H DEBRA E STUART | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Parasol Tahoe Community Foundation Inc | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 948 INCLINE WAY | AddressLine1Txt |
| City | INCLINE VILLAGE | CityNm |
| State Abbreviation | NV | StateAbbreviationCd |
| ZIP | 89451 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | NONE | RecipientRelationshipTxt |
| Recipient Foundation Status | PC | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | UNRESTRICTED | GrantOrContributionPurposeTxt |
| Amt | $2,353,857 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $2,353,857 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp | |
| Int On Sav And Temp Cash Invst | IntOnSavAndTempCashInvstGrp |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $303,600 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp |
Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 16 | ExclusionCd |
| Exclusion | $31,873 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Income | OtherInvestmentIncomeGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$1,139,585 | 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 | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|
| PARTNERSHIP INCOME | 01 | $114,817 |
| OTHER INCOME | 01 | $3,054 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | -$686,241 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | -$686,241 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEE | CategoryTxt |
| Amt | $28,028 | Amt |
| Net Investment Income | $25,225 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $2,803 | DisbursementsCharitablePrpsAmt |
Contractor Compensation Expln ContractorCompensationExpln
Contractor Comp Expln ContractorCompExplnGrp (2 entries)
| ExplanationExplanationTxt |
|---|
| HALL CAPITAL PARTNERS LLC |
| INVESTMENT MANAGEMENT SERVICES |
| ARCTIC INTERNATIONAL LLC |
| CONSULTING SERVICES |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (17 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Computation MethodComputationMethodTxt | Prior Year DepreciationPriorYearDepreciationAmt | Current Year ExpenseCurrentYearExpenseAmt |
|---|---|---|---|---|---|
| LAND | 2000-01-01 | $10,408,211 | L | ||
| BLDG IMPROVEMENTS | 2021-01-05 | $40,437 | M39 | $995 | $1,037 |
| BLDG IMPROVEMENTS | 2021-01-26 | $24,001 | M39 | $591 | $615 |
| BLDG IMPROVEMENTS | 2021-10-19 | $20,000 | M39 | $107 | $513 |
| BLDG IMPROVEMENTS | 2021-11-01 | $31,663 | M39 | $102 | $812 |
| EQUIPMENT | 2021-01-19 | $7,020 | M7 | $1,755 | $1,504 |
| EQUIPMENT | 2021-02-22 | $9,105 | M7 | $2,276 | $1,951 |
| EQUIPMENT | 2021-04-12 | $2,202 | M7 | $393 | $517 |
| EQUIPMENT | 2021-04-19 | $3,859 | M7 | $689 | $906 |
| EQUIPMENT | 2021-05-21 | $31,185 | M7 | $5,567 | $7,319 |
| EQUIPMENT | 2021-07-21 | $802 | M7 | $86 | $205 |
| EQUIPMENT | 2021-08-19 | $1,805 | M7 | $193 | $460 |
| EQUIPMENT | 2021-09-03 | $123,879 | M7 | $13,267 | $31,602 |
| EQUIPMENT | 2021-10-07 | $42,158 | M7 | $1,505 | $11,615 |
| EQUIPMENT | 2021-12-16 | $81,964 | M7 | $2,926 | $22,581 |
| BLDG IMPROVEMENTS | 2022-02-22 | $18,611 | M39 | $418 | |
| EQUIPMENT | 2022-06-09 | $24,892 | M7 | $3,557 |
Expln Of Non Filing With AG Stmt ExplnOfNonFilingWithAGStmt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | THE FOUNDATION IS A DELAWARE (DE) EXEMPT CORPORATION AND CONDUCTS ALL ITS ACTIVITIES OUTSIDE OF DE. ACCORDING TO DELAWARE'S ATTORNEY GENERAL OFFICE, PRIVATE FOUNDATIONS ARE NOT REQUIRED TO SUBMIT A COPY OF THE FEDERAL FORM 990-PF TO THE STATE IF THEY NOT CONDUCT ANY ACTIVITY IN DE. THEREFORE, THE FOUNDATION IS NOT REQUIRED TO FURNISH A COPY TO DE. | ExplanationTxt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | 301,176 SH MFO DODGE & COX INC | BondNm |
| EOY Book Value | $4,026,051 | EOYBookValueAmt |
| EOYFMV | $3,671,333 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (4 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| #325 - SEE ATTACHMENT A | $2,607,032 | $2,882,108 |
| #658 - SEE ATTACHMENT B | $2,409,350 | $2,223,240 |
| #104 - SEE ATTACHMENT C | $1,107,798 | $1,079,976 |
| #356 - SEE ATTACHMENT D | $3,223,916 | $3,378,058 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (15 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| AMANSA FEEDER LTD CLASS G | AT COST | $550,000 | $865,667 |
| CF CANYON BALANCED FUND KY LTD | AT COST | $2,000,000 | $2,321,511 |
| CEVIAN CAPITAL II LLP | AT COST | $1,500,000 | $2,136,900 |
| FARALLON CAPITAL INSTITUTIONAL | AT COST | $2,753,506 | $2,763,798 |
| FORTRESS CREDIT OPP FD V EXPAN | AT COST | $175,495 | $173,572 |
| CF GOLDENTREE SELECT OFFSHORE | AT COST | $2,000,000 | $2,831,432 |
| HCP CHINA CAPITAL APPRECIATION | AT COST | $780,236 | $782,920 |
| HCP PRIVATE EQUITY FUND X-A LP | AT COST | $194,669 | $188,990 |
| HCP REAL ESTATE FUND III-A, LP | AT COST | $569,575 | $643,595 |
| OCTAGON INVESTMENTS OFFSHORE F | AT COST | $1,000,000 | $677,949 |
| PRIME FINANCE LONG DURATION (B | AT COST | $171,778 | $142,121 |
| SSC MCH LONE CASCADE, LP | AT COST | $3,399,204 | $3,156,000 |
| INCLUSIVE CAPITAL PARTNERS SPR | AT COST | $651,453 | $527,588 |
| HCP PRIVATE EQUITY FD XI-A LP | AT COST | $43,066 | $41,370 |
| HCP REAL ESTATE FUND IV-A, LP | $67,310 | $40,675 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (17 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Book ValueBookValueAmt | Accumulated DepreciationAccumulatedDepreciationAmt |
|---|---|---|---|
| LAND | $10,408,211 | $10,408,211 | |
| BLDG IMPROVEMENTS | $40,437 | $38,405 | $2,032 |
| BLDG IMPROVEMENTS | $24,001 | $22,795 | $1,206 |
| BLDG IMPROVEMENTS | $20,000 | $19,380 | $620 |
| BLDG IMPROVEMENTS | $31,663 | $30,749 | $914 |
| EQUIPMENT | $7,020 | $3,761 | $3,259 |
| EQUIPMENT | $9,105 | $4,878 | $4,227 |
| EQUIPMENT | $2,202 | $1,292 | $910 |
| EQUIPMENT | $3,859 | $2,264 | $1,595 |
| EQUIPMENT | $31,185 | $18,299 | $12,886 |
| EQUIPMENT | $802 | $511 | $291 |
| EQUIPMENT | $1,805 | $1,152 | $653 |
| EQUIPMENT | $123,879 | $79,010 | $44,869 |
| EQUIPMENT | $42,158 | $29,038 | $13,120 |
| EQUIPMENT | $81,964 | $56,457 | $25,507 |
| BLDG IMPROVEMENTS | $18,611 | $18,193 | $418 |
| EQUIPMENT | $24,892 | $21,335 | $3,557 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEE | CategoryTxt |
| Legal Fees | $310 | LegalFeesAmt |
| Disbursements Charitable Prps | $310 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| DUE FROM BROKER | $5,703 | $14,297 | $14,297 |
| DUE FROM KABOUTER | $65,432 | $68,218 | $68,218 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| PARTNERSHIP INVESTMENT EXPENSE | $91,605 | $91,365 | |
| LICENSE FEE | $511 | $511 | |
| RENTAL EXPENSES | $7,581 | $7,581 | |
| OTHER EXPENSE | $367 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| PARTNERSHIP INCOME | $114,817 | $114,817 |
| OTHER INCOME | $3,054 | $3,054 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | GOLDENTREE SELECT OFFSHORE FUND | Desc |
| BOY Book Value | $2,000,000 | BOYBookValueAmt |
| EOY Book Value | $2,000,000 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| INVESTMENT MANAGEMENT FEE | $187,658 | $187,658 |
| CUSTODIAN FEE | $12,068 | $12,068 |
| CONSULTING FEE | $162,816 | $162,816 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| FOREIGN TAX | $8,220 | $8,220 |
| EXCISE TAX | $130,157 |