2023-11-15T23:08:22-06:00 2022-12-31 Foundation Source 3333 New Hyde Park Rd Ste 406 New Hyde Park NY 11042 990PF 2022-01-01 261622017 Quitiplas Foundation % Foundation Source QUIT 8008391754 Foundation Source 501 Silverside Rd Wilmington DE 198091377 Thomas M Scruggs Jr PRESIDENT 8008391754 2023-11-15 true Thomas M Scruggs Jr 999009999 Jeffrey D Haskell P01345770 8008391754 2022 2023-04-26 12:10:37Z X 12643963 X 0 X 10929 10929 169033 169033 290083 1939481 288565 157799 80624 627844 549151 0 753 0 0 753 40787 1787 39000 38900 21109 9675 9675 66343 42661 23625 177567 44448 0 73053 111000 111000 288567 44448 0 184053 339277 504703 1491441 2166361 2166361 764981 764981 764981 1348500 3992760 4585123 3180433 494433 151783 2966542 1928767 2495715 1351117 225272 1146954 1125845 2480000 10133870 10473147 12643963 0 0 X 10133870 10473147 10133870 10473147 10133870 10473147 10133870 339277 10473147 10473147 Publicly-traded Securities 1174500 891739 282761 282761 Passthrough K1 Capital Gain/(Loss) 9571 ALPHAKEY - ALPHAKEYS MILLENNIUM FUND III LLC P 2014-12-31 2022-12-31 764981 768748 -3767 -3767 288565 7015 7015 7015 5124 0 2700 7824 X 0 809 809 false false false false false true true false true true CA DE MD true false false false false true Foundation Source 8008391754 501 Silverside Road Suite 123 Wilmington DE 198091377 false false false false false false false false false false false false false false false false false false false false false Thomas M Scruggs Jr Foundation Source 501 Silverside Rd Wilmington DE 198091377 Pres, Dir, Sec 20.0 0 0 0 5359676 1406229 3228050 9993955 0 9993955 149909 9844046 492202 492202 7015 9105 16120 476082 476082 476082 184053 0 0 0 0 184053 476082 2020 2019 2018 132235 1492603 1979806 3604644 184053 184053 0 292029 292029 3312615 0 3312615 1332809 1979806 Thomas M Scruggs Jr X BAY NATURE INSTITUTE 1328 6TH ST STE 2 BERKELEY CA 94710 N/A PC General & Unrestricted 5000 LA PENA CULTURAL CENTER INC 3105 SHATTUCK AVE BERKELEY CA 94705 N/A PC General & Unrestricted 1000 SAVE THE BAY 300 FRANK H OGAWA PLAZA STE 280 OAKLAND CA 94612 N/A PC General & Unrestricted 5000 THELITERACY PROJECT 3208 OTIS ST MOUNT RAINIER MD 20712 N/A PC General & Unrestricted 100000 111000 14 10929 14 169033 525990 1518 18 288565 K-1 Inc/Loss 525990 47655 14 80715 Federal Tax Refund 01 29429 49173 578671 627844 false false false false false false false false false false TAX RTN PREP 753 753 HOLLIDAY ST - BLDG 2012-04-30 817543 200222 SL 39 20697 HOLLIDAY ST - IMPR 2012-04-30 16269 3941 SL 39 412 HOLLIDAY ST - LAND 2012-04-30 517305 L PART I LINE 6A (990-PF) - RECONCILIATION OF NET GAIN/(LOSS) FROM SALES OF PART I LINE 6A (990-PF) - RECONCILIATION OF NET GAIN/(LOSS) FROM SALES OF TOTAL INCLUDED IN PART IV: (DETAILS BELOW) NET GAIN/(LOSS): $288,565 TOTAL NOT INCLUDED IN PART IV: PASSTHROUGH K-1 CAPITAL GAIN/(LOSS) - UBI NET GAIN/(LOSS): $1,518 ALLOCATED TO UBTI - ACQUISION INDEBTEDNESS NET GAIN/(LOSS): TOTAL PART I, LINE 6A: $290,083 DETAILS OF ASSETS INCLUDED IN PART IV: PUBLICLY-TRAIDED SECURITIES GROSS SALES PRICE: $1,174,500 BOOK BASIS: $891,739 NET GAIN/(LOSS): $282,761 PASSTHROUGH K-1 CAPITAL GAIN/(LOSS) - NON UBI NET GAIN/(LOSS): $9,571 SALE OF ALPHKEYS MILLENNIUM FUND III LLC GROSS SALES PRICE: $764,981 BOOK BASIS: $768,748 NET GAIN/(LOSS): $-3,767 Part XII (990-PF) Undistributed Income Part XII (990-PF) - Undistributed Income The amounts of the excess grants carryover shown in Part XII, Line 3, in respect of the taxable years comprising the "adjustment period", as such term is defined in IRC Section 4942(i)(2), have been corrected in lieu of filing amended returns for such years. The Foundation would not have been subject to any penalties under IRC Section 4942 if the original returns filed for the taxable years comprising the adjustment period had reflected the corrected excess grants carryover amounts. ARGENTINA (REPUBLIC OF) M/W CL 483405 142701 REPUBLIC OF ARGENTINA - 1.000% 11028 9082 CANADIAN IMPERIAL BANK TC-YN 6 850000 827220 COLUMBIA MORTGAGE OPPORTUNITIE 102970 78163 CREDIT SUISSE - 0.000% - 12/24 886000 1234198 DIAMOND HILL SHORT DUR TOT RET 255291 236130 NUVEEN PREFERRED SECURITIES FU 300000 253822 NUVEEN SYMPHONY FLOATING RAE I 298500 279372 ROYAL BANK OF CANADA - 0.000% 999999 1406001 VANGUARD SHORT TERM INFLATION 300000 270217 BLACKSTONE REAL ESTATE INCOME 1277434 1743543 CARLYLE CGI ELECTING FEEDER, L 110025 127058 CARLYLE CGI ELECTING INVESTORS 129846 149948 CARLYLE CGI ELECTING INVS A, L 392987 453828 CARLYLE CGI ELECTING INVS C, L 18475 21338 HOLLIDAY ST - BLDG 817543 220919 596624 1950779 HOLLIDAY ST - IMPR 16269 4353 11916 11916 HOLLIDAY ST - LAND 517305 517305 517305 Administrative Fees 23000 23000 Bank Charges 179 179 K-1 Exp ALPHAKEYS MILLENNIUM F 42539 42482 Property insurance 500 500 State or Local Filing Fees 125 125 K-1 Inc/Loss ALPHAKEYS MILLENNIUM FUND III LLC 119591 71845 K-1 Inc/Loss CARLYLE CGI ELECTING INVS A, LP 5339 5339 K-1 Inc/Loss CARLYLE CGI ELECTING INVS C, LP 3440 3440 Federal Tax Refund 29429 Investment Management Services 1787 1787 Professional Services 39000 39000 990-PF Estimated Tax for 2022 2100 990-T Extension for 2021 36800