PLANK FAMILY FOUNDATION: Form 990PF, tax year 2021

View the entire original 990 at ProPublica ↗

Organization: PLANK FAMILY FOUNDATION (EIN 26-1300940)
Tax period: 2021-01-01 to 2021-12-31
Filed: 2022-04-12
IRS object ID: 202201029349100235
Schema version: 2021v4.1
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990-PF
Accounting Fees Schedule
Investments Other Schedule2
Other Assets Schedule
Other Expenses Schedule
Other Professional Fees Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2022-04-12T15:58:29-05:00	ReturnTs
Tax Period End	2021-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	475153865	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	ROSEN SAPPERSTEIN & FRIEDLANDER LLC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	405 YORK ROAD	AddressLine1Txt
City	TOWSON	CityNm
State Abbreviation	MD	StateAbbreviationCd
ZIP	21204	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2021-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	261300940	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	THE PLANK FAMILY FOUNDATION INC	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	PLAN	BusinessNameControlTxt
Phone	4106245357	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 907	AddressLine1Txt
City	BROOKLANDVILLE	CityNm
State Abbreviation	MD	StateAbbreviationCd
ZIP	21022	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	KEVIN A PLANK	PersonNm
Person Title	DIRECTOR	PersonTitleTxt
Phone	4106245357	PhoneNum
Signature	2022-03-16	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	KEVIN	PersonFirstNm
Person Last	PLANK	PersonLastNm

Field	Value	IRS element (for citing)
SSN	999009999	SSN

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	RICHARD A FRIEDLANDER CPA	PreparerPersonNm
PTIN	P00024186	PTIN
Phone	4105810800	PhoneNum
Preparation	2022-03-15	PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

Field	Value	IRS element (for citing)
Trusted Customer	3	TrustedCustomerCd
Authentication Assurance Level	AAL1	AuthenticationAssuranceLevelCd
Identity Assurance Level	IAL1	IdentityAssuranceLevelCd

Field	Value	IRS element (for citing)
Tax	2021	TaxYr
Build TS	2022-09-23 18:48:47Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$8,502,113	FMVAssetsEOYAmt
Method Of Accounting Cash	Yes (X)	MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Schedule B Not Required	Yes (X)	ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss	$25,338	InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm	$25,338	InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss	$91,612	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$85,113	DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss	$17,558	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$469,400	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$17,558	CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss	$134,508	TotalRevAndExpnssAmt
Total Net Invst Incm	$128,009	TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss	$0	CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm	$0	CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl	$0	CompOfcrDirTrstDsbrsChrtblAmt
Accounting Fees Rev And Expnss	$15,000	AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm	$0	AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps	$0	AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss	$3,112	OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm	$3,112	OtherProfFeesNetInvstIncmAmt
Other Prof Fees Dsbrs Chrtbl	$0	OtherProfFeesDsbrsChrtblAmt
Taxes Rev And Expnss	$324	TaxesRevAndExpnssAmt
Taxes Net Invst Incm	$0	TaxesNetInvstIncmAmt
Taxes Dsbrs Chrtbl	$0	TaxesDsbrsChrtblAmt
Other Expenses Rev And Expnss	$58	OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm	$0	OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl	$0	OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss	$18,494	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$3,112	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$0	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$770,000	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$770,000	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$788,494	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$3,112	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$770,000	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	-$653,986	ExcessRevenueOverExpensesAmt
Net Investment Income	$124,897	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$10,713	CashBOYAmt
Cash EOY	$6,056	CashEOYAmt
Cash EOYFMV	$6,056	CashEOYFMVAmt
Sav And Temp Cash Invst BOY	$567,451	SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY	$104,560	SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV	$104,560	SavAndTempCashInvstEOYFMVAmt
Other Investments BOY	$9,639,232	OtherInvestmentsBOYAmt
Other Investments EOY	$9,453,171	OtherInvestmentsEOYAmt
Other Investments EOYFMV	$8,387,198	OtherInvestmentsEOYFMVAmt
Other Assets BOY	$4,676	OtherAssetsBOYAmt
Other Assets EOY	$4,299	OtherAssetsEOYAmt
Other Assets EOYFMV	$4,299	OtherAssetsEOYFMVAmt
Total Assets BOY	$10,222,072	TotalAssetsBOYAmt
Total Assets EOY	$9,568,086	TotalAssetsEOYAmt
Total Assets EOYFMV	$8,502,113	TotalAssetsEOYFMVAmt
Total Liabilities BOY	$0	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117	Yes (X)	OrgDoesNotFollowFASB117Ind
Capital Stock BOY	$0	CapitalStockBOYAmt
Capital Stock EOY	$0	CapitalStockEOYAmt
Additional Paid In Capital BOY	$0	AdditionalPaidInCapitalBOYAmt
Additional Paid In Capital EOY	$0	AdditionalPaidInCapitalEOYAmt
Retained Earning BOY	$10,222,072	RetainedEarningBOYAmt
Retained Earning EOY	$9,568,086	RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY	$10,222,072	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$9,568,086	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$10,222,072	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$9,568,086	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$10,222,072	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	-$653,986	ExcessRevenueOverExpensesAmt
Other Increases	$0	OtherIncreasesAmt
Subtotal	$9,568,086	SubtotalAmt
Other Decreases	$0	OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY	$9,568,086	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (7 entries)

PropertyPropertyDesc	How AcquiredHowAcquiredCd	AcquiredAcquiredDt	SoldSoldDt	Gross Sales PriceGrossSalesPriceAmt	Cost Or Other BasisCostOrOtherBasisAmt	Gain Or LossGainOrLossAmt	Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
30,000 FEDERAL HOME LOAN BANK SYSTEM 2.875%	P	2016-03-30	2021-05-06	$32,414	$30,760	$1,654	$1,654
25,000 FFCB 3.5%	P	2014-02-20	2021-05-06	$27,032	$25,161	$1,871	$1,871
66,000 U.S. TREASURY NOTE 2.375%	P	2015-12-28	2021-05-06	$70,303	$66,387	$3,916	$3,916
19,607.84 SHS GS SHORT DURATION BOND FUND CLASS P	P	2016-05-10	2021-07-14	$200,000	$194,815	$5,185	$5,185
85,000 U.S. TREASURY NOTE 1.75%	P	2012-05-24	2021-04-08	$86,554	$84,934	$1,620	$1,620
50,000 U.S. TREASURY NOTE 2.0%	P	2011-11-28	2021-11-15	$50,000	$49,785	$215	$215
CAPITAL GAINS DIVIDENDS	P			$3,097		$3,097	$3,097

Field	Value	IRS element (for citing)
Capital Gain Net Income	$17,558	CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$1,736	InvestmentIncomeExciseTaxAmt
Tax Under Section511	$0	TaxUnderSection511Amt
Subtotal	$1,736	SubtotalAmt
Subtitle A Tax	$0	SubtitleATaxAmt
Tax Based On Investment Income	$1,736	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$9,610	EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce	$0	ExemptFrgnOrgTaxWthldAtSrceAmt
Extsn Request Income Tax Paid	$0	ExtsnRequestIncomeTaxPaidAmt
Backup Withholding Withheld	$0	BackupWithholdingWithheldAmt
Total Payments And Credits	$9,610	TotalPaymentsAndCreditsAmt
Form2220 Attached	Yes (X)	Form2220AttachedInd
Es Penalty	$0	EsPenaltyAmt
Overpayment	$7,874	OverpaymentAmt
Applied To ES Tax	$7,874	AppliedToESTaxAmt
Refund	$0	RefundAmt

Statements Regarding Acty StatementsRegardingActyGrp

Field	Value	IRS element (for citing)
Legislative Political Acty	0	LegislativePoliticalActyInd
More Than100 Spent	0	MoreThan100SpentInd
Form1120 POL Filed	0	Form1120POLFiledInd
Section4955 Organization Tax	$0	Section4955OrganizationTaxAmt
Section4955 Managers Tax	$0	Section4955ManagersTaxAmt
Tax Reimbursed	$0	TaxReimbursedAmt
Activities Not Previously Rpt	0	ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws	0	ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit	0	UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc	0	OrganizationDissolvedEtcInd
Section508e Rqr Satisfied	Yes (1)	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (1)	AtLeast5000InAssetsInd
Org Report Or Register State	MD	OrgReportOrRegisterStateCd
Form990 PF Filed With Atty Gen	Yes (1)	Form990PFFiledWithAttyGenInd
Private Operating Foundation	0	PrivateOperatingFoundationInd
New Substantial Contributors	0	NewSubstantialContributorsInd
Own Controlled Entity	0	OwnControlledEntityInd
Donor Advised Fund	0	DonorAdvisedFundInd
Comply With Public Insp Rqr	Yes (1)	ComplyWithPublicInspRqrInd
Website Address	N/A	WebsiteAddressTxt
Individual With Books	KELLY DAYTON	IndividualWithBooksNm
Phone	4106245357	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	1030 HULL STREET4TH FLOOR	AddressLine1Txt
City	BALTIMORE	CityNm
State Abbreviation	MD	StateAbbreviationCd
ZIP	21230	ZIPCd

Field	Value	IRS element (for citing)
Foreign Accounts Question	0	ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Field	Value	IRS element (for citing)
Sale Or Exch Disqualified Prsn	0	SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn	0	BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn	0	FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn	0	PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn	0	TransferAstDisqualifiedPrsnInd
Payment To Government Official	0	PaymentToGovernmentOfficialInd
Uncorrected Prior Acts	0	UncorrectedPriorActsInd
Undistributed Income PY	0	UndistributedIncomePYInd
Business Holdings	0	BusinessHoldingsInd
Jeopardy Investments	0	JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst	0	UncorrectedPYJeopardyInvstInd
Influence Legislation	0	InfluenceLegislationInd
Influence Election	0	InfluenceElectionInd
Grants To Individuals	0	GrantsToIndividualsInd
Grants To Organizations	0	GrantsToOrganizationsInd
Noncharitable Purpose	0	NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	0	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	0	PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (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
KEVIN A PLANK
1030 HULL STREET 4TH FLOOR	BALTIMORE	MD	21230	PRESIDENT/TREASURER	1.00	$0	$0	$0
DESIREE JACQUELINE PLANK
1030 HULL STREET 4TH FLOOR	BALTIMORE	MD	21230	VICE PRESIDENT	1.00	$0	$0	$0
THOMAS J SIPPEL
98 CHURCH STREET	ROCKVILLE	MD	20850	VICE PRESIDENT	1.00	$0	$0	$0

Field	Value	IRS element (for citing)
Comp Of Hghst Pd Empl Or NONE	NONE	CompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k	0	OtherEmployeePaidOver50kCnt
Comp Of Hghst Pd Cntrct Or NONE	NONE	CompOfHghstPdCntrctOrNONETxt
Contractor Paid Over50k	0	ContractorPaidOver50kCnt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$8,583,749	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$370,446	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$8,954,195	TotalFMVOfUnusedAssetsAmt
Reduction Claimed	$0	ReductionClaimedAmt
Acquisition Indebtedness	$0	AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast	$8,954,195	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$134,313	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$8,819,882	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$440,994	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$440,994	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$1,736	TaxBasedOnInvestmentIncomeAmt
Total Tax	$1,736	TotalTaxAmt
Distributable Before Adj	$439,258	DistributableBeforeAdjAmt
Recoveries Qualfied Distri	$0	RecoveriesQualfiedDistriAmt
Distributable Before Ded	$439,258	DistributableBeforeDedAmt
Deduction From Distributable	$0	DeductionFromDistributableAmt
Distributable As Adjusted	$439,258	DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$770,000	ExpensesAndContributionsAmt
Program Related Invst Total	$0	ProgramRelatedInvstTotalAmt
Qualifying Distributions	$770,000	QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$439,258	DistributableAsAdjustedAmt
Undistributed Income PY	$0	UndistributedIncomePYAmt
Total For Prior Years	$0	TotalForPriorYearsAmt
Excess Distribution Cyov Yr5	$11,760,351	ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4	$16,445,921	ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3	$2,153,607	ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2	$7,989,759	ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1	$829,680	ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov	$39,179,318	TotalExcessDistributionCyovAmt
Qualifying Distributions	$770,000	QualifyingDistributionsAmt
Applied To Year1	$0	AppliedToYear1Amt
Applied To Prior Years	$0	AppliedToPriorYearsAmt
Treated As Distri From Corpus	$0	TreatedAsDistriFromCorpusAmt
Applied To Current Year	$439,258	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$330,742	RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus	$0	ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY	$0	ExcessDistributionCyovAppCYAmt
Total Corpus	$39,510,060	TotalCorpusAmt
Prior Year Undistributed Incm	$0	PriorYearUndistributedIncmAmt
Prior Year Deficiency Or Tax	$0	PriorYearDeficiencyOrTaxAmt
Taxable1	$0	Taxable1Amt
Taxable2	$0	Taxable2Amt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3	$0	CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov From Yr5	$11,760,351	ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr	$27,749,709	ExcessDistriCyovToNextYrAmt
Excess From Year4	$16,445,921	ExcessFromYear4Amt
Excess From Year3	$2,153,607	ExcessFromYear3Amt
Excess From Year2	$7,989,759	ExcessFromYear2Amt
Excess From Year1	$829,680	ExcessFromYear1Amt
Excess From Current Year	$330,742	ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Contributing Manager	KEVIN A PLANK	ContributingManagerNm

Application Submission Info ApplicationSubmissionInfoGrp

Field	Value	IRS element (for citing)
Recipient Person	KELLY DAYTON	RecipientPersonNm

Recipient US Address RecipientUSAddress

Field	Value	IRS element (for citing)
Address Line1	1030 HULL STREET 4TH FLOOR	AddressLine1Txt
City	BALTIMORE	CityNm
State Abbreviation	MD	StateAbbreviationCd
ZIP	21230	ZIPCd

Field	Value	IRS element (for citing)
Recipient Phone	4106245357	RecipientPhoneNum
Form And Info And Materials	SUBMITTING A LETTER OF REQUEST.	FormAndInfoAndMaterialsTxt
Submission Deadlines	NONE NONE	SubmissionDeadlinesTxt
Restrictions On Awards	NONE	RestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (12 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
CENTER FOR URBAN FAMILIES
2201 NORTH MONROE STREET	BALTIMORE	MD	21217	PC	GENERAL DONATION	$100,000
CHURCH OF THE NATIVITY
20 EAST RIDGELY ROAD	LUTHERVILLETIMONIUM	MD	21093	PC	GENERAL DONATION - 2021	$25,000
MAPLEWOOD ATHLETIC ASSOCIATION INC
9904 HOLMHURST ROAD	BETHESDA	MD	20817	PC	GENERAL DONATION - 2021	$5,000
NEW PSALMIST BAPTIST CHURCH
6020 MARIAM DRIVE	BALTIMORE	MD	21215	PC	GENERAL DONATION - 2021	$25,000
ST PAUL'S SCHOOL
11152 FALLS ROAD	BROOKLANDVILLE	MD	21022	PC	GENERAL DONATION - 2021	$10,000
WESTLAKE YOUTH ATHLETIC ORGANIZATION
PO BOX 2513	WALDORF	MD	206042513	PC	ANNUAL DONATION	$125,000
COLLEGE BOUND FOUNDATION
2501 N HOWARD STREET 210	BALTIMORE	MD	21218	PC	GENERAL DONATION - 2021	$200,000
ST PAUL'S SCHOOL FOR GIRLS
11152 FALLS ROAD	BROOKLANDVILLE	MD	21022	PC	GENERAL DONATION - 2021	$10,000
IRISE ABOVE FOUNDATION
5403 37TH AVENUE	HYATTSVILLE	MD	20782	PC	GENERAL DONATION - 2021	$10,000
GLYNDON FIRE DEPARTMENT
4812 BUTLER ROAD	GLYNDON	MD	21071	PC	GENERAL DONATION - 2021	$5,000
CHESTNUT RIDGE FIRE DEPARTMENT
12020 GREENSPRING AVENUE	OWINGS MILLS	MD	21117	PC	GENERAL DONATION - 2021	$5,000
GREATER WASHINGTON PARTNERSHIP
1200 17TH STREET NW SUITE 550	WASHINGTON	DC	20036	PC	GENERAL DONATION	$250,000

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$770,000	TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut	$0	TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$25,338	ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$85,113	ExclusionAmt
Related Or Exempt Function Incm	$6,499	RelatedOrExemptFunctionIncmAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Exclusion	18	ExclusionCd
Exclusion	$17,558	ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Unrelated Business Taxbl Incm	$0	UnrelatedBusinessTaxblIncmAmt
Exclusion	$128,009	ExclusionAmt
Related Or Exempt Function Incm	$6,499	RelatedOrExemptFunctionIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$134,508	TotalIncomeProducingActyAmt

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

Field	Value	IRS element (for citing)
Line Number	4	LineNumberTxt
Relationship Statement	NONDIVIDEND DISTRIBUTIONS	RelationshipStatementTxt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO	0	TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO	0	TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets	0	SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO	0	PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets	0	RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements	0	ReimbursementArrangementsInd
Loans Or Loan Guarantees	0	LoansOrLoanGuaranteesInd
Performance Of Services Etc	0	PerformanceOfServicesEtcInd
Sharing Of Facilities Etc	0	SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO	Yes (1)	RelationshipsNonchrtblEOInd

Relationship Schedule Detail RelationshipScheduleDetail

Organization Business Name OrganizationBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	PLANK FOUNDATION FOR ENTREPRENEURSHIP INC	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Organization Type	501(C)(3)	OrganizationTypeDesc
Relationship Description	COMMON BOARD OF DIRECTORS - 33% OF THE MEMBERS OF EACH BOARD ARE COMMON TO BOTH BOARDS.	RelationshipDescriptionTxt

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Field	Value	IRS element (for citing)
Category	PROFESSIONAL FEES	CategoryTxt
Amt	$15,000	Amt
Net Investment Income	$0	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$0	DisbursementsCharitablePrpsAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (2 entries)

Category Or ItemCategoryOrItemTxt	Listed At Cost Or FMVListedAtCostOrFMVCd	Book ValueBookValueAmt	EOYFMVEOYFMVAmt
GOLDMAN SACHS - FIXED INCOME	AT COST	$7,166,671	$7,478,812
GOLDMAN SACHS - UNDER ARMOUR	AT COST	$2,286,500	$908,386

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp

Field	Value	IRS element (for citing)
Desc	OTHER CURRENT ASSETS	Desc
BOY Book Value	$4,676	BOYBookValueAmt
EOY Book Value	$4,299	EOYBookValueAmt
EOYFMV	$4,299	EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp

Field	Value	IRS element (for citing)
Desc	PAYROLL SERVICE FEES	Desc
Revenue And Expenses Per Books	$58	RevenueAndExpensesPerBooksAmt
Net Investment Income	$0	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$0	DisbursementsCharitablePrpsAmt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

Field	Value	IRS element (for citing)
Category	INVESTMENT MANAGEMENT FEES	CategoryTxt
Amt	$3,112	Amt
Net Investment Income	$3,112	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$0	DisbursementsCharitablePrpsAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

Field	Value	IRS element (for citing)
Category	TAXES - OTHER	CategoryTxt
Amt	$324	Amt
Net Investment Income	$0	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$0	DisbursementsCharitablePrpsAmt