TSUNAMI FOUNDATION: Form 990PF, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- TSUNAMI FOUNDATION (EIN 13-7019761)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-11-15
- IRS object ID
- 202343209349100209
- 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
- Schedule B
- Accounting Fees Schedule
- Compensation Explanation
- Depreciation Schedule
- General Explanation Attachment
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Substantial Contributors Sch
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-11-15T23:08:25-06:00 | 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 | 137019761 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Tsunami Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % Foundation Source | InCareOfNm |
| Business Name Control | TSUN | 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 | Anson Beard Jr | PersonNm |
| Person Title | trustee | 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 | Anson | PersonFirstNm |
| Person Last | Beard Jr | 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) |
|---|---|---|
| Address Change | Yes (X) | AddressChangeInd |
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $30,086,819 | 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 | $75,000 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $262 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $262 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $363,471 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $363,471 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $8,375 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $10,290,566 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $8,375 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $202,112 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $228,136 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $649,220 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $600,244 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Accounting Fees Rev And Expnss | $35,715 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $35,715 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $160,550 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $160,550 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $20,062 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $162 | TaxesNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $242,038 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $185,613 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $49,997 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $458,365 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $346,325 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $85,712 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,650,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,650,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $2,108,365 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $346,325 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,735,712 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$1,459,145 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $253,919 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $533,868 | CashBOYAmt |
| Sav And Temp Cash Invst EOY | $1,045,120 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $1,045,120 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl BOY | $298,677 | AcctRcvblBOYAmt |
| US Government Obligations EOY | $1,085,434 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $1,086,338 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $13,706,673 | CorporateStockBOYAmt |
| Corporate Stock EOY | $9,612,159 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $10,046,010 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $252,841 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $358,938 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $345,868 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $13,008,642 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $14,239,905 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $17,563,483 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $27,800,701 | TotalAssetsBOYAmt |
| Total Assets EOY | $26,341,556 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $30,086,819 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $27,800,701 | RetainedEarningBOYAmt |
| Retained Earning EOY | $26,341,556 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $27,800,701 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $26,341,556 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $27,800,701 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $26,341,556 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $27,800,701 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$1,459,145 | ExcessRevenueOverExpensesAmt |
| Subtotal | $26,341,556 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $26,341,556 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt |
|---|---|---|---|---|---|---|---|
| Publicly-traded Securities | $10,038,455 | $10,528,649 | -$490,194 | -$490,194 | |||
| Passthrough K1 Capital Gain/(Loss) | $496,458 | ||||||
| EMPOWERMENT & INCLUS CAP CL A | $252,111 | $250,000 | $2,111 | $2,111 | P | 2021-01-08 | 2022-12-15 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $8,375 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $3,529 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $3,529 | SubtotalAmt |
| Tax Based On Investment Income | $3,529 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $30,144 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Total Payments And Credits | $30,144 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $26,615 | OverpaymentAmt |
| Applied To ES Tax | $3,600 | AppliedToESTaxAmt |
| Refund | $23,015 | RefundAmt |
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 | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | CT | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | Yes (true) | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foundation Source | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8008391754 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 501 Silverside Road Suite 123 | AddressLine1Txt |
| City | Wilmington | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198091377 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 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 (7 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 |
|---|---|---|---|---|---|---|---|---|
| Philip Andryc | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Trustee | 2.0 | $0 | $0 | $0 |
| Debra Beard | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Trustee | 1.0 | $0 | $0 | $0 |
| James M Beard | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Trustee | 1.0 | $0 | $0 | $0 |
| Veronica Swanson Beard | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Trustee | 1.0 | $0 | $0 | $0 |
| Anson M Beard Jr | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Trustee | 1.0 | $0 | $0 | $0 |
| Veronica M Beard | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | trustee | 0.0 | $0 | $0 | $0 |
| Anson H Beard | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | trustee | 0.0 | $0 | $0 | $0 |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Morgan Stanley | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 28 state street 26th fl | AddressLine1Txt |
| City | BOSTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02109 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | Investment Mgmt | ServiceTypeTxt |
| Compensation | $85,550 | CompensationAmt |
| 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 | $14,596,859 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $628,048 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $16,642,835 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $31,867,742 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $31,867,742 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $478,016 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $31,389,726 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,569,486 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,569,486 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $3,529 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $3,529 | TotalTaxAmt |
| Distributable Before Adj | $1,565,957 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $1,565,957 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $1,565,957 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,735,712 | 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 | $1,735,712 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,565,957 | DistributableAsAdjustedAmt |
| Prior Year1 | 2020 | PriorYear1Yr |
| Prior Year2 | 2019 | PriorYear2Yr |
| Prior Year3 | 2018 | PriorYear3Yr |
| Excess Distribution Cyov Yr5 | $88,331 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $54,599 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $135,294 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $63,689 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $173,154 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $515,067 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,735,712 | QualifyingDistributionsAmt |
| Applied To Current Year | $1,565,957 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $169,755 | RemainingDistriFromCorpusAmt |
| Total Corpus | $684,822 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $88,331 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $596,491 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $54,599 | ExcessFromYear4Amt |
| Excess From Year3 | $135,294 | ExcessFromYear3Amt |
| Excess From Year2 | $63,689 | ExcessFromYear2Amt |
| Excess From Year1 | $173,154 | ExcessFromYear1Amt |
| Excess From Current Year | $169,755 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | Anson M Beard Jr | ContributingManagerNm |
| Contributing Manager | Debra Beard | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (20 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| AMERICAN TAP DANCE FOUNDATION INC | |||||||
| 154 CHRISTOPHER ST STE 2B | NEW YORK | NY | 10014 | N/A | PC | General & Unrestricted | $100,000 |
| BRANDYWINE CONSERVANCY & MUSEUM OF ART | |||||||
| PO BOX 141 | CHADDS FORD | PA | 19317 | N/A | PC | General & Unrestricted | $100,000 |
| CITY HARVEST INC | |||||||
| 150 52ND ST | BROOKLYN | NY | 11232 | N/A | PC | General & Unrestricted | $75,000 |
| COMMUNITY FOUNDATION FOR PALM BEACH & MARTIN COUNT | |||||||
| 700 S DIXIE HWY STE 200 | WEST PALM BCH | FL | 33401 | N/A | PC | General & Unrestricted | $25,000 |
| CONNECT US INC | |||||||
| 855 MAIN ST 10TH FL | BRIDGEPORT | CT | 06604 | N/A | PC | General & Unrestricted | $25,000 |
| COVENANT HOUSE | |||||||
| 5 PENN PLZ | NEW YORK | NY | 10001 | N/A | PC | General & Unrestricted | $125,000 |
| EXODUS SCHOOL | |||||||
| 309 E 103RD ST | NEW YORK | NY | 10029 | N/A | PC | General & Unrestricted | $100,000 |
| FRIENDS OF THE HIGH LINE INC | |||||||
| 820 WASHINGTON ST | NEW YORK | NY | 10014 | N/A | PC | General & Unrestricted | $100,000 |
| GOOD PLUS FOUNDATION INC | |||||||
| 306 W 37TH ST 8TH FL | NEW YORK | NY | 10018 | N/A | PC | General & Unrestricted | $125,000 |
| HARLEM ACADEMY | |||||||
| 655 ST NICHOLAS AVE | NEW YORK | NY | 10030 | N/A | PC | General & Unrestricted | $100,000 |
| HEAD STRONG PROJECT INC | |||||||
| PO BOX 412572 | BOSTON | MA | 02241 | N/A | PC | General & Unrestricted | $100,000 |
| HELPUSADOPT ORG INC | |||||||
| PO BOX 787 | NEW YORK | NY | 10150 | N/A | PC | General & Unrestricted | $75,000 |
| MULTIPLYING GOOD INC | |||||||
| 348 WEST 57TH ST 115 | NEW YORK | NY | 10019 | N/A | PC | General & Unrestricted | $125,000 |
| OPERATION WARM INC | |||||||
| PO BOX 822431 | PHILADELPHIA | PA | 19182 | N/A | PC | General & Unrestricted | $75,000 |
| READWORKS INC | |||||||
| PO BOX 24673 | NEW YORK | NY | 11202 | N/A | PC | General & Unrestricted | $125,000 |
| RIVER FUND NEW YORK INC | |||||||
| 8911 LEFFERTS BLVD | RICHMOND HILL | NY | 11418 | N/A | PC | General & Unrestricted | $125,000 |
| ROBIN HOOD FOUNDATION | |||||||
| 826 BROADWAY 9TH FL | NEW YORK | NY | 10003 | N/A | PC | Child Mind Institute | $25,000 |
| THE ARTS CONNECTION INC | |||||||
| 520 8TH AVE SUITE 321 | NEW YORK | NY | 10018 | N/A | PC | General & Unrestricted | $50,000 |
| THE POSSE FOUNDATION INC | |||||||
| 14 WALL ST STE 8A60 | NEW YORK | NY | 10005 | N/A | PC | General & Unrestricted | $25,000 |
| WHEATON COLLEGE | |||||||
| 26 E MAIN ST | NORTON | MA | 02766 | N/A | PC | General & Unrestricted | $50,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,650,000 | 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 | $262 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $363,471 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Income | OtherInvestmentIncomeGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $8,375 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | K-1 Inc/Loss | Desc |
| Business | 525990 | BusinessCd |
| Unrelated Business Taxbl Incm | -$26,024 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 14 | ExclusionCd |
| Exclusion | $228,136 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | -$26,024 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $600,244 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $574,220 | 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 |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Contributor Person | Beard Jr Anson M | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1100 South Flagler Drive Unit 1004 | AddressLine1Txt |
| City | West Palm Beach | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33401 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $75,000 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Tax Return Preparation/Review | CategoryTxt |
| Amt | $35,715 | Amt |
| Disbursements Charitable Prps | $35,715 | DisbursementsCharitablePrpsAmt |
Compensation Explanation CompensationExplanation
Compensation Explanation CompensationExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Philip Andryc | PersonNm |
| Short Explanation | * Philip Andryc, Trustee of Tsunami (the "Foundation"), is a disqualified person with respect to the Foundation. During taxable year ending December 31, 2022, the Foundation paid $75,000 to Philip Andryc for Investment Management Services as reported in Form 990-PF, Part I, Line 16c. | ShortExplanationTxt |
Depreciation Schedule DepreciationSchedule
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | 8865 | IdentifierTxt |
| Form And Line Reference | 8865 | FormAndLineReferenceDesc |
| Medium Explanation | The Foundation has prepared these forms to the best of its ability based on the limited information provided to it by the investment on which the Foundation is reporting and on the basis of having received no information to the contrary. Any missing or incomplete information is due to the Foundation's inability to obtain such information and is not a willful attempt to withhold such information. | MediumExplanationTxt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (2 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| BK OF AMERICA CORP BOND PERPET | $150,938 | $146,640 |
| JP MORGAN CHASE PERP SR NT - 6 | $208,000 | $199,228 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (93 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| ABBOTT LABS | $12,680 | $13,943 |
| ABBVIE INC | $29,277 | $31,999 |
| ACCENTURE PLC | $13,287 | $13,342 |
| AMEREN CORPORATION | $7,893 | $8,714 |
| AMERICAN ELECTRIC POWER INC | $10,394 | $11,109 |
| ANALOG DEVICES INC | $15,965 | $17,879 |
| AUTOMATIC DATA PROCESSING INC | $12,887 | $12,898 |
| AVALONBAY CMNTYS INC | $6,628 | $6,622 |
| AVERY DENNISON CORP | $7,875 | $8,145 |
| BAC CAPITAL TR X - 6.250% - 03 | $204,151 | $191,360 |
| BANK OF AMERICA CORP | $31,291 | $28,086 |
| BECTON DICKINSON & CO | $15,988 | $18,055 |
| BLACKROCK INC | $12,730 | $13,464 |
| BLACKSTONE SEC LENDING | $299,368 | $265,965 |
| BOOZ ALLEN HAMILTON HOLDING CO | $6,066 | $5,853 |
| BRISTOL-MYERS SQUIBB CO | $11,533 | $10,505 |
| BROADCOM INC | $25,228 | $29,634 |
| CHEVRON CORP | $37,299 | $36,077 |
| CHUBB LIMITED | $19,810 | $20,516 |
| CIGNA CORPORATION | $14,298 | $14,579 |
| CISCO SYSTEMS INC | $29,046 | $30,680 |
| CITIGROUP CAPITAL XIII - 7.875 | $252,841 | $284,000 |
| CME GROUP, INC | $13,910 | $13,789 |
| CMS ENERGY CP | $5,515 | $6,206 |
| COMCAST CORP | $25,162 | $27,451 |
| CONOCOPHILLIPS | $14,032 | $12,272 |
| CROWN CASTLE INTL | $9,421 | $7,053 |
| CUMMINS INC | $12,072 | $12,357 |
| DEERE CO | $12,276 | $13,292 |
| DOUBLELINE TOTAL RETURN BOND | $637,745 | $524,034 |
| DTE ENERGY CO COM | $5,158 | $5,524 |
| EATON CORP PLC | $12,521 | $12,399 |
| ELECTRONIC ARTS | $7,010 | $6,476 |
| ELEVANCE HEALTH INC | $19,403 | $18,980 |
| ELI LILLY & CO | $10,484 | $10,609 |
| ENTERGY CORP | $8,339 | $8,663 |
| EOG RESOURCES INC | $22,243 | $19,817 |
| EVERSOURCE ENERGYINC | $6,317 | $7,126 |
| EXXON MOBIL CORP | $29,491 | $28,568 |
| FIRST TRUST NORTH AMERICAN ENE | $298,294 | $320,280 |
| HARTFORD CORE EQUITY CL I | $1,457,687 | $1,786,884 |
| HOME DEPOT INC | $27,712 | $30,323 |
| HONEYWELL INTL | $26,222 | $25,287 |
| INTERNATIONAL BUSINESS MACHINE | $19,692 | $20,006 |
| JOHNSON & JOHNSON | $45,340 | $46,282 |
| JP MORGAN CHASE | $38,349 | $39,291 |
| JPMORGAN CHASE & CO 6.00% PFD | $258,000 | $247,600 |
| KIMBELL ROYALTY PARTNERS | $428,347 | $501,000 |
| KKR & CO INC 6% PFD - ?% - 09/ | $257,830 | $286,450 |
| KLA TENCOR CORP | $18,242 | $20,360 |
| LAM RESEARCH CORP | $14,554 | $14,290 |
| LINDE PLC COM | $13,713 | $14,352 |
| LOCKHEED MARTIN CORP | $16,573 | $16,541 |
| LOOMIS SAYLES FDS INV GRADE BO | $627,304 | $608,616 |
| MARSH AND MCLENNAN COMPANIES I | $22,905 | $23,333 |
| MCDONALD'S CORP | $21,269 | $20,292 |
| MEDTRONIC PLC | $24,522 | $17,642 |
| MERCK & CO INC | $27,279 | $31,621 |
| MICROCHIP TECHNOLOGY INC | $16,454 | $14,823 |
| MICROSOFT CORP | $46,085 | $32,855 |
| MONDELEZ INTERNATIONAL INC | $15,460 | $16,063 |
| MORGAN STANLEY | $9,484 | $9,437 |
| NEXTERA ENERGY, INC | $12,775 | $13,878 |
| NIKE INC-CL B | $4,649 | $5,851 |
| NORTHERN TRUST CORPORATION | $10,833 | $11,327 |
| NORTHROP GRUMMAN CORP | $27,689 | $28,372 |
| OWL ROCK CAPITAL ORD SHS | $442,758 | $361,515 |
| PACKAGING CORP AMER | $3,920 | $4,093 |
| PARKER HANNIFIN CP | $15,909 | $14,550 |
| PEPSICO INC | $15,808 | $15,898 |
| PHILIP MORRIS INTL | $15,686 | $17,408 |
| PNC FINANCIAL GROUP INC | $21,780 | $17,689 |
| PPG INDUSTRIES INC | $8,958 | $9,808 |
| PROCTER GAMBLE CO | $32,685 | $33,798 |
| T ROWE PRICE DIV GROWTH FUND L | $1,800,767 | $1,974,484 |
| TARGET CORPORATION | $13,634 | $12,817 |
| TEXAS INSTRUMENTS INC | $17,916 | $18,009 |
| THE BLACKSTONE GROUP INC CL A | $4,152 | $4,080 |
| THE COCA-COLA CO | $17,594 | $19,719 |
| TRANE TECHNOLOGIES PLC | $13,115 | $13,111 |
| UNION PACIFIC | $21,817 | $22,985 |
| UNITED PARCEL SERVICE | $25,094 | $25,554 |
| UNITEDHEALTH GROUP INC | $26,111 | $25,449 |
| US BANCORP | $16,857 | $17,008 |
| VALERO ENERGY CORP | $14,501 | $13,955 |
| VANGUARD HIGH DIV YIELD | $1,058,311 | $1,114,563 |
| VERIZON COMMUNICATIONS | $10,543 | $11,190 |
| WAL-MART STORES INC | $9,851 | $9,784 |
| WASTE MANAGEMENT INC | $16,119 | $16,159 |
| WEC ENERGY GROUP, INC | $8,631 | $9,095 |
| WELLS FARGO & CO | $14,829 | $13,048 |
| WELLS FARGO PFD NON-CUM - 5.85 | $241,256 | $230,100 |
| XCEL ENERGY INC | $8,660 | $9,044 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $1,085,434 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $1,086,338 | USGovtObligationsEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (16 entries)
| Category Or ItemCategoryOrItemTxt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| AG DLI II, L.P | $561,791 | $730,004 |
| ATREIDES FOUNDATION FUND, LTD | $1,500,000 | $1,205,602 |
| COATUE OFFSHORE FUND, LTD | $2,000,000 | $4,350,313 |
| ENERGY TRANSFER LP | $157,673 | $237,400 |
| ENTERPRISE PRODUCTS PARTNERS L | $158,969 | $603,000 |
| FARALLON CAPITAL INSTITUTIONAL | $2,139,073 | $2,156,821 |
| HARBOURVEST ACCESS - DOVER STR | $2,604 | $25,194 |
| JLL INCOME PROP TRUST CL M-I | $500,000 | $482,239 |
| KNIGHTSBRIDGE VENTURE CAPITAL | $171,960 | $176,976 |
| LIGHTHOUSE INDIA FUND III LTD | $505,340 | $655,408 |
| MGG SF EVERGREEN UNLEVERED FUN | $1,806,018 | $1,722,618 |
| OAK STREET REAL ESTATE CAP FUN | $622,170 | $749,885 |
| PANTERA BLOCKCHAIN OFFSHORE FU | $997,313 | $677,277 |
| SEG PARTNERS OFFSHORE LTD CLAS | $999,041 | $1,048,106 |
| TCG BALANCED FUND, L.P | $867,953 | $1,653,784 |
| THIRD PT OFFSHORE FUND LTD | $1,250,000 | $1,088,856 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (11 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| Administrative Fees | $49,647 | $49,647 | |
| Bank Charges | $9 | $9 | |
| K-1 Exp ENERGY TRANSFER LP | $6,575 | $432 | |
| K-1 Exp ENTERPRISE PRODUCTS PA | $96 | $16 | |
| K-1 Exp FARALLON CAPITAL INSTI | $3,610 | $3,420 | |
| K-1 Exp HARBOURVEST ACCESS - D | $251 | $251 | |
| K-1 Exp KNIGHTSBRIDGE VENTURE | $17,680 | $17,672 | |
| K-1 Exp LIGHTHOUSE INDIA FUND | $54,902 | $54,902 | |
| K-1 Exp OAK STREET REAL ESTATE | $6,935 | $6,935 | |
| K-1 Exp TCG BALANCED FUND, L.P | $101,983 | $101,976 | |
| Postage/Delivery Service | $350 | $350 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (8 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| K-1 Inc/Loss ENERGY TRANSFER LP | -$10,641 | $1,857 |
| K-1 Inc/Loss ENTERPRISE PRODUCTS PARTNERS LP | -$14,004 | -$517 |
| K-1 Inc/Loss FARALLON CAPITAL INSTITUTIONAL PARTN | $87,362 | $87,362 |
| K-1 Inc/Loss KNIGHTSBRIDGE VENTURE CAPITAL X LP | $692 | $731 |
| K-1 Inc/Loss LIGHTHOUSE INDIA FUND III LTD | $300 | $300 |
| K-1 Inc/Loss MGG SF EVERGREEN UNLEVERED FUND L.P | $112,226 | $112,226 |
| K-1 Inc/Loss OAK STREET REAL ESTATE CAP FUND V LP | $9,940 | $9,940 |
| K-1 Inc/Loss TCG BALANCED FUND, L.P | $16,237 | $16,237 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Investment Management Services | CategoryTxt |
| Amt | $160,550 | Amt |
| Net Investment Income | $160,550 | NetInvestmentIncomeAmt |
Substantial Contributors Sch SubstantialContributorsSch
Substantial Contributor Detail SubstantialContributorDetail (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd |
|---|---|---|---|
| Beard Jr Anson M | |||
| 1100 South Flagler Drive Unit 1004 | West Palm Beach | FL | 33401 |
| Beard Debra | |||
| 1100 South Flagler Drive Unit 1004 | West Palm Beach | FL | 33401 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| 990-PF Estimated Tax for 2022 | $19,900 | |
| Foreign Tax Paid | $162 | $162 |