WAYMARK FOUNDATION: Form 990PF, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- WAYMARK FOUNDATION (EIN 47-7150256)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-11-15
- IRS object ID
- 202323199349108992
- 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
- Depreciation Schedule
- Investments Land Schedule2
- Land Etc Schedule2
- 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 | 2023-11-15T19:27:09-06:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | 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 | 2022-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 477150256 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Waymark Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % Foundation Source | InCareOfNm |
| Business Name Control | WAYM | 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 | Charles D Royal | PersonNm |
| Person Title | SECRETARY | PersonTitleTxt |
| Phone | 8008391754 | PhoneNum |
| Signature | 2023-11-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | Charles D | PersonFirstNm |
| Person Last | Royal | 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 | 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 | $79,222,584 | 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 | $177,082 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $177,082 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $0 | DividendsRevAndExpnssAmt |
| Net Gain Sale Ast Rev And Expnss | $30,507 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $189,725 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $110,668 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $538,098 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $538,098 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $745,687 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $825,848 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Legal Fees Rev And Expnss | $41,958 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $41,958 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $0 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $8,400 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $1,150 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $7,250 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $569,950 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $569,950 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $3,961 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $3,961 | TaxesNetInvstIncmAmt |
| Deprec And Dpltn Rev And Expnss | $788 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $0 | DeprecAndDpltnNetInvstIncmAmt |
| Deprec And Dpltn Adj Net Incm | $0 | DeprecAndDpltnAdjNetIncmAmt |
| Other Expenses Rev And Expnss | $128,531 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $41,606 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $85,496 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $753,588 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $658,625 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $92,746 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,000,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,000,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,753,588 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $658,625 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,092,746 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$1,007,901 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $167,223 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $14,875,400 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $13,823,397 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $13,823,397 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $230 | AcctRcvblAmt |
| Acct Rcvbl EOY | $230 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $230 | AcctRcvblEOYFMVAmt |
| Invst Land Cost Or Other Basis | $91,967,153 | InvstLandCostOrOtherBasisAmt |
| Invst Land Accum Depreciation | $8,831 | InvstLandAccumDepreciationAmt |
| Land Bldg Investments BOY | $91,911,944 | LandBldgInvestmentsBOYAmt |
| Land Bldg Investments EOY | $91,958,322 | LandBldgInvestmentsEOYAmt |
| Land Bldg Investments EOYFMV | $65,388,357 | LandBldgInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $3,944 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $3,944 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $788 | LandBOYAmt |
| Other Assets BOY | $12,030 | OtherAssetsBOYAmt |
| Other Assets EOY | $10,600 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $10,600 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $106,800,162 | TotalAssetsBOYAmt |
| Total Assets EOY | $105,792,549 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $79,222,584 | TotalAssetsEOYFMVAmt |
| Accounts Payable EOY | $288 | AccountsPayableEOYAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $288 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $106,800,162 | RetainedEarningBOYAmt |
| Retained Earning EOY | $105,792,261 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $106,800,162 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $105,792,261 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $106,800,162 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $105,792,549 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $106,800,162 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$1,007,901 | ExcessRevenueOverExpensesAmt |
| Subtotal | $105,792,261 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $105,792,261 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | PID 55.0 LAND - JEDBURG | PropertyDesc |
| How Acquired | P | HowAcquiredCd |
| Sold | 2022-04-22 | SoldDt |
| Gross Sales Price | $189,725 | GrossSalesPriceAmt |
| Cost Or Other Basis | $79,057 | CostOrOtherBasisAmt |
| Gain Or Loss | $110,668 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $110,668 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $110,668 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $2,324 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $2,324 | SubtotalAmt |
| Tax Based On Investment Income | $2,324 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $10,000 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Total Payments And Credits | $10,000 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $7,676 | OverpaymentAmt |
| Applied To ES Tax | $7,676 | 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 |
| Org Report Or Register State | SC | OrgReportOrRegisterStateCd |
| Org Report Or Register State | TX | 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 | Yes (true) | 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 | Yes (true) | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 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 |
|---|---|---|---|---|---|---|---|---|
| Charles D Royal | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Sec, Treas, Trustee | 38.0 | $0 | $0 | $0 |
| Michael F Royal | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Chair, Trustee | 2.0 | $0 | $0 | $0 |
| Susannah R Whelan | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Trustee, Vice Chairman | 2.0 | $0 | $0 | $0 |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Pareto Asset Management | |||||
| 1985 Riviera Dr Ste 103 484 | MOUNT PLEASANT | SC | 29464 | Investment Mgmt | $461,413 |
| Foundation Source | |||||
| 55 Walls Drive 3rd Fl | Fairfield | CT | 06824 | Administrative | $79,555 |
| Sabine & Waters Inc | |||||
| 311 N Magnolia St | Summerville | SC | 29483 | Forestry | $59,737 |
| Bank of America | |||||
| PO Box 15284 | WILMINGTON | DE | 19850 | Investment Mgmt | $56,299 |
| 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 | $0 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $14,949,003 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $65,446,574 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $80,395,577 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $80,395,577 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $1,205,934 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $79,189,643 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $3,959,482 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $3,959,482 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $2,324 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $2,324 | TotalTaxAmt |
| Distributable Before Adj | $3,957,158 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $3,957,158 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $3,957,158 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,092,746 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $1,092,746 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $3,957,158 | DistributableAsAdjustedAmt |
| Prior Year1 | 2020 | PriorYear1Yr |
| Prior Year2 | 2019 | PriorYear2Yr |
| Prior Year3 | 2018 | PriorYear3Yr |
| Excess Distribution Cyov Yr5 | $967,713 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $478,739 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $575,768 | ExcessDistributionCyovYr3Amt |
| Total Excess Distribution Cyov | $2,022,220 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,092,746 | QualifyingDistributionsAmt |
| Applied To Current Year | $1,092,746 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $2,022,220 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $2,022,220 | ExcessDistributionCyovAppCYAmt |
| Undistributed Income CY | $842,192 | UndistributedIncomeCYAmt |
| 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
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NATIONAL CHRISTIAN FOUNDATION | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11625 RAINWATER DR STE 500 | AddressLine1Txt |
| City | ALPHARETTA | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30009 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | N/A | RecipientRelationshipTxt |
| Recipient Foundation Status | NC | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | General & Unrestricted | GrantOrContributionPurposeTxt |
| Amt | $1,000,000 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,000,000 | 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 | $177,082 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Dividends And Interest From Sec Dtl | DividendsAndInterestFromSecDtl | |
| 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 | $30,507 | 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 (4 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|
| EARNEST MONEY FORFEIT | 01 | $401,000 |
| HUNTING LEASE INCOME | 01 | $34,689 |
| LEGAL FEE REIMBURSEMENT | 01 | $45,169 |
| INTEREST INCOME-JEDBURG SALE | 14 | $57,240 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $745,687 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $745,687 | 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 (2 entries)
| CategoryCategoryTxt | AmtAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| Bookkeeping | $7,250 | $7,250 | |
| General Consultations | $1,150 | $1,150 |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (64 entries)
| PropertyPropertyDesc | Cost Or Other BasisCostOrOtherBasisAmt | Computation MethodComputationMethodTxt | AcquiredAcquiredDt | Prior Year DepreciationPriorYearDepreciationAmt | LifeLifeRt | Current Year ExpenseCurrentYearExpenseAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|---|---|---|---|---|
| PID 001.0 - LAND - | $5,576,992 | L | ||||||
| PID 002.0 - LAND - | $372,300 | L | ||||||
| PID 004.0 - LAND - | $1,442,549 | L | ||||||
| PID 005.0 - LAND - | $282,962 | L | ||||||
| PID 006.0 - LAND - | $59,000 | L | ||||||
| PID 007.0 - MOBILE | $2,480 | L | ||||||
| PID 008.0 - LAND - | $489,519 | L | ||||||
| PID 009.0 - LAND - | $55,140 | L | ||||||
| PID 017.0 - LAND - | $83,979 | L | ||||||
| PID 018.0 - LAND - | $206,460 | L | ||||||
| PID 018.5 - LAND - | $403,480 | L | ||||||
| PID 019.0 - LAND - | $1,384,278 | L | ||||||
| PID 020.0 - LAND - | $684,108 | L | ||||||
| PID 021.0 - LAND - | $841,106 | L | ||||||
| PID 022.0 - LAND - | $69,712 | L | ||||||
| PID 023.0 - LAND - | $20,458 | L | ||||||
| PID 024.0 - LAND - | $20,200 | L | ||||||
| PID 028.0 - LAND - | $769,249 | L | ||||||
| PID 032.0 - LAND - | $601,631 | L | ||||||
| PID 033.0 - LAND - | $691,631 | L | ||||||
| PID 034.0 - LAND - | $124,500 | L | ||||||
| PID 034.1 - BUILDI | $290,500 | L | ||||||
| PID 035.0 - LAND - | $123,000 | L | ||||||
| PID 035.1 - BUILDI | $287,000 | L | ||||||
| PID 039.0 - LAND - | $3,668,004 | L | ||||||
| PID 040.0 - LAND - | $800,831 | L | ||||||
| PID 056.0 - LAND - | $54,000 | L | ||||||
| PID 057.0 - LAND - | $3,483,074 | L | ||||||
| PID 059.0 - LAND - | $2,124,026 | L | ||||||
| PID 065.0 - LAND - | $121,754 | L | ||||||
| PID 066.0 - LAND - | $779,097 | L | ||||||
| PID 067.0 - LAND - | $76,046 | L | ||||||
| PID 068.0 - LAND - | $86,020 | L | ||||||
| PID 069.0 - LAND - | $28,000 | L | ||||||
| PID 070.0 - LAND - | $35,653,063 | L | ||||||
| PID 070.1 - LAND - | $961,593 | L | ||||||
| PID 070.2 - LAND - | $437,296 | L | ||||||
| PID 071.0 - LAND - | $6,608,274 | L | ||||||
| PID 072.0 - LAND - | $3,742,353 | L | ||||||
| PID 073.0 - LAND - | $12,535,155 | L | ||||||
| PID 090.0 - LAND - | $805,741 | L | ||||||
| PID 091.0 - LAND - | $470,800 | L | ||||||
| PID 092.0 - LAND - | $470,800 | L | ||||||
| PID 093.0 - LAND - | $552,077 | L | ||||||
| PID 094.0 - LAND - | $520,052 | L | ||||||
| PID 095.0 - LAND - | $584,562 | L | ||||||
| PID 096.0 - LAND - | $584,562 | L | ||||||
| PID 098.0 - LAND - | $26,000 | L | ||||||
| PID 099.0 - LAND - | $17,250 | L | ||||||
| COMPUTER EQUIP - S | $3,944 | SL | 2017-12-21 | $3,156 | 5 | $788 | $0 | |
| PID 102.1 MINERAL | $10,900 | L | ||||||
| PID 102.2 MINERAL | $39,100 | L | ||||||
| CARRYING COSTS '18 | $223,604 | L | ||||||
| CARRYING COSTS '19 | $226,713 | L | ||||||
| CARRYING COSTS '20 | $205,601 | L | ||||||
| CARRYING COSTS '21 | $172,281 | L | ||||||
| CARRYING COSTS '22 | $150,650 | L | 2022-12-31 | |||||
| FURNITURE&FIXTURES | $8,831 | SL | $8,831 | 7 | $0 | $0 | ||
| PID 70.0 - LAND | $43,792 | L | 2022-12-31 | |||||
| PID 70.1 - LAND | $1,175 | L | 2022-12-31 | |||||
| PID 70.2 - LAND | $620 | L | 2022-12-31 | |||||
| PID 71.0 - LAND | $9,359 | L | 2022-12-31 | |||||
| PID 055.0 - LAND - | $159,218 | L | ||||||
| PID 055.0 - LAND - | $801,863 | L |
Investments Land Schedule2 InvestmentsLandSchedule2
Investment Land InvestmentLandGrp (63 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt | Accumulated DepreciationAccumulatedDepreciationAmt |
|---|---|---|---|---|
| PID 001.0 - LAND - | $5,576,992 | $5,576,992 | $5,576,992 | |
| PID 002.0 - LAND - | $372,300 | $372,300 | $372,300 | |
| PID 004.0 - LAND - | $1,442,549 | $1,442,549 | $1,442,549 | |
| PID 005.0 - LAND - | $282,962 | $282,962 | $282,962 | |
| PID 006.0 - LAND - | $59,000 | $59,000 | $59,000 | |
| PID 007.0 - MOBILE | $2,480 | $2,480 | $2,480 | |
| PID 008.0 - LAND - | $489,519 | $489,519 | $489,519 | |
| PID 009.0 - LAND - | $55,140 | $55,140 | $55,140 | |
| PID 017.0 - LAND - | $83,979 | $83,979 | $83,979 | |
| PID 018.0 - LAND - | $206,460 | $206,460 | $206,460 | |
| PID 018.5 - LAND - | $403,480 | $403,480 | $403,480 | |
| PID 019.0 - LAND - | $1,384,278 | $1,384,278 | $1,384,278 | |
| PID 020.0 - LAND - | $684,108 | $684,108 | $684,108 | |
| PID 021.0 - LAND - | $841,106 | $841,106 | $841,106 | |
| PID 022.0 - LAND - | $69,712 | $69,712 | $69,712 | |
| PID 023.0 - LAND - | $20,458 | $20,458 | $20,458 | |
| PID 024.0 - LAND - | $20,200 | $20,200 | $20,200 | |
| PID 028.0 - LAND - | $769,249 | $769,249 | $769,249 | |
| PID 032.0 - LAND - | $601,631 | $601,631 | $601,631 | |
| PID 033.0 - LAND - | $691,631 | $691,631 | $691,631 | |
| PID 034.0 - LAND - | $124,500 | $124,500 | $124,500 | |
| PID 034.1 - BUILDI | $290,500 | $290,500 | $290,500 | |
| PID 035.0 - LAND - | $123,000 | $123,000 | $123,000 | |
| PID 035.1 - BUILDI | $287,000 | $287,000 | $287,000 | |
| PID 039.0 - LAND - | $3,668,004 | $3,668,004 | $3,668,004 | |
| PID 040.0 - LAND - | $800,831 | $800,831 | $800,831 | |
| PID 056.0 - LAND - | $54,000 | $54,000 | $54,000 | |
| PID 057.0 - LAND - | $3,483,074 | $3,483,074 | $3,483,074 | |
| PID 059.0 - LAND - | $2,124,026 | $2,124,026 | $2,124,026 | |
| PID 065.0 - LAND - | $121,754 | $121,754 | $121,754 | |
| PID 066.0 - LAND - | $779,097 | $779,097 | $779,097 | |
| PID 067.0 - LAND - | $76,046 | $76,046 | $76,046 | |
| PID 068.0 - LAND - | $86,020 | $86,020 | $86,020 | |
| PID 069.0 - LAND - | $28,000 | $28,000 | $28,000 | |
| PID 070.0 - LAND - | $35,653,063 | $35,653,063 | $35,653,063 | |
| PID 070.1 - LAND - | $961,593 | $961,593 | $961,593 | |
| PID 070.2 - LAND - | $437,296 | $437,296 | $437,296 | |
| PID 071.0 - LAND - | $6,608,274 | $6,608,274 | $6,608,274 | |
| PID 072.0 - LAND - | $3,742,353 | $3,742,353 | $3,742,353 | |
| PID 073.0 - LAND - | $12,535,155 | $12,535,155 | $12,535,155 | |
| PID 090.0 - LAND - | $805,741 | $805,741 | $805,741 | |
| PID 091.0 - LAND - | $470,800 | $470,800 | $470,800 | |
| PID 092.0 - LAND - | $470,800 | $470,800 | $470,800 | |
| PID 093.0 - LAND - | $552,077 | $552,077 | $552,077 | |
| PID 094.0 - LAND - | $520,052 | $520,052 | $520,052 | |
| PID 095.0 - LAND - | $584,562 | $584,562 | $584,562 | |
| PID 096.0 - LAND - | $584,562 | $584,562 | $584,562 | |
| PID 098.0 - LAND - | $26,000 | $26,000 | $26,000 | |
| PID 099.0 - LAND - | $17,250 | $17,250 | $17,250 | |
| PID 102.1 MINERAL | $10,900 | $10,900 | $10,900 | |
| PID 102.2 MINERAL | $39,100 | $39,100 | $39,100 | |
| CARRYING COSTS '18 | $223,604 | $223,604 | $223,604 | |
| CARRYING COSTS '19 | $226,713 | $226,713 | $226,713 | |
| CARRYING COSTS '20 | $205,601 | $205,601 | $205,601 | |
| CARRYING COSTS '21 | $172,281 | $172,281 | $172,281 | |
| CARRYING COSTS '22 | $150,650 | $150,650 | $150,650 | |
| FURNITURE&FIXTURES | $8,831 | $8,831 | $8,831 | |
| PID 70.0 - LAND | $43,792 | $43,792 | $43,792 | |
| PID 70.1 - LAND | $1,175 | $1,175 | $1,175 | |
| PID 70.2 - LAND | $620 | $620 | $620 | |
| PID 71.0 - LAND | $9,359 | $9,359 | $9,359 | |
| PID 055.0 - LAND - | ||||
| PID 055.0 - LAND - | $801,863 | $801,863 | $801,863 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | COMPUTER EQUIP - S | CategoryOrItemTxt |
| Cost Or Other Basis | $3,944 | CostOrOtherBasisAmt |
| Accumulated Depreciation | $3,944 | AccumulatedDepreciationAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp (2 entries)
| CategoryCategoryTxt | Legal FeesLegalFeesAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| Document Review/Drafting | $5,259 | $5,259 |
| NET GENERAL CONSULTATIONS | $36,699 | $36,699 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | NET START-UP COSTS | Desc |
| EOY Book Value | $10,600 | EOYBookValueAmt |
| EOYFMV | $10,600 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (9 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| Administrative Fees | $79,555 | $79,555 | |
| AMORTIZATION EXPENSE | $1,429 | ||
| BANK CHARGES | $33 | $33 | |
| DUES & MEMBERSHIPS | $5,941 | $5,941 | |
| HOA FEES & UTILITIES | $14,212 | $14,212 | |
| OFFICE EXPENSE | $729 | $729 | |
| PROPERTY INSURANCE | $16,310 | $16,310 | |
| PROPERTY MAINTENANCE | $9,500 | $9,500 | |
| REGISTERED AGENT FEE | $822 | $822 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| Earnest Money Forfeit | $401,000 | $401,000 |
| Hunting Lease Income | $34,689 | $34,689 |
| Legal Fee Reimbursement | $45,169 | $45,169 |
| Interest Income-Jedburg Sale | $57,240 | $57,240 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| CONSULTANT FEES | $2,001 | $2,001 |
| FORESTRY SERVICES | $50,237 | $50,237 |
| INVESTMENT MANAGEMENT SERVICES | $517,712 | $517,712 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| FRANCHISE TAXES | $1,374 | $1,374 |
| OIL & GAS PRODUCTION TAX | $45 | $45 |
| Property Taxes | $2,542 | $2,542 |