BURBIDGE FAMILY FOUNDATION: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- BURBIDGE FAMILY FOUNDATION (EIN 85-3679461)
- Tax period
- 2020-10-27 to 2020-12-31
- Filed
- 2022-05-15
- IRS object ID
- 202201359349101010
- Schema version
- 2020v4.1
- 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
- Schedule B
- Depreciation Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Reasonable Cause Explanation
- Substantial Contributors Sch
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-05-15T14:58:14-05:00 | ReturnTs |
| Tax Period End | 2020-12-31 | 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 | One Hollow Ln Ste 212 | AddressLine1Txt |
| City | Lake Success | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11042 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2020-10-27 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 853679461 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Burbridge Family Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % Foundation Source | InCareOfNm |
| Business Name Control | 0 | 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 | Stevem Burbridge | PersonNm |
| Person Title | President | PersonTitleTxt |
| Phone | 8008391754 | PhoneNum |
| Signature | 2022-05-09 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | Stevem | PersonFirstNm |
| Person Last | Burbridge | 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 | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Initial Return | Yes (X) | InitialReturnInd |
| Name Change | Yes (X) | NameChangeInd |
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $2,118,466 | 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 | $2,113,615 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $831 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $831 | DividendsNetInvstIncmAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $2,114,446 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $831 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Tot Opr Expenses Rev And Expnss | $0 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $0 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $0 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $0 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $0 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $0 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $0 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $2,114,446 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $831 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst EOY | $831 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $831 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock EOY | $2,091,457 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $2,095,536 | CorporateStockEOYFMVAmt |
| Corporate Bonds EOY | $22,158 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $22,099 | CorporateBondsEOYFMVAmt |
| Total Assets BOY | $0 | TotalAssetsBOYAmt |
| Total Assets EOY | $2,114,446 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $2,118,466 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning EOY | $2,114,446 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $0 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $2,114,446 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $0 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $2,114,446 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $0 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $2,114,446 | ExcessRevenueOverExpensesAmt |
| Subtotal | $2,114,446 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $2,114,446 | TotNetAstOrFundBalancesEOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cap Gains Loss Tx Invst Incm Detail | CapGainsLossTxInvstIncmDetail |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $12 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $12 | SubtotalAmt |
| Tax Based On Investment Income | $12 | TaxBasedOnInvestmentIncomeAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Total Payments And Credits | $0 | TotalPaymentsAndCreditsAmt |
| Tax Due | $12 | TaxDueAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | DE | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | 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 |
| Website Address | N/A | WebsiteAddressTxt |
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 | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 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 |
|---|---|---|---|---|---|---|---|---|
| Julia A Burbridge | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | VP | 1.0 | $0 | $0 | $0 |
| Steven C Burbridge | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir, Pres, Sec, Treas | 1.0 | $0 | $0 | $0 |
| 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 | $705,878 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $138 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $706,016 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $706,016 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $10,590 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $695,426 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $6,270 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $6,270 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $12 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $12 | TotalTaxAmt |
| Distributable Before Adj | $6,258 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $6,258 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $6,258 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $0 | 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 | $0 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $0 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $6,258 | DistributableAsAdjustedAmt |
| Prior Year1 | 2018 | PriorYear1Yr |
| Prior Year2 | 2017 | PriorYear2Yr |
| Prior Year3 | 2016 | PriorYear3Yr |
| Qualifying Distributions | $0 | QualifyingDistributionsAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Undistributed Income CY | $6,258 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
| Excess From Current Year | $0 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | Julia A Burbridge | ContributingManagerNm |
| Contributing Manager | Steven C Burbridge | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
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 |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $831 | 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 Incm Part VII | OtherInvestmentIncmPartVIIGrp | |
| Gain Sales Ast Oth Than Invntry | GainSalesAstOthThanInvntryGrp | |
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $831 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $831 | 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 | Burbridge Steven C | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 13108 Sherwood Drive | AddressLine1Txt |
| City | Leawood | CityNm |
| State Abbreviation | KS | StateAbbreviationCd |
| ZIP | 66209 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $2,113,615 | TotalContributionsAmt |
| Noncash Contribution | Yes (X) | NoncashContributionInd |
Non Cash Property Contribution NonCashPropertyContributionGrp (43 entries)
| ContributorContributorNum | Noncash PropertyNoncashPropertyDesc | Fair Market ValueFairMarketValueAmt | ReceivedReceivedDt |
|---|---|---|---|
| 1 | AMGEN INC AMGN, 40 sh. | $9,186 | 2020-12-18 |
| 1 | BERKSHIRE HATHAWAY INC. CLASS B BRK-B, 192 sh. | $42,900 | 2020-12-18 |
| 1 | BOEING CO BA, 35 sh. | $7,736 | 2020-12-18 |
| 1 | CISCO SYSTEMS INC CSCO, 185 sh. | $8,356 | 2020-12-18 |
| 1 | CORTEVA INC CTVA, 34 sh. | $1,335 | 2020-12-18 |
| 1 | DFA U.S. MICRO CAP PORTFOLIO DFSCX, 264.341 sh. | $6,000 | 2020-12-18 |
| 1 | ISHARES S&P 500 INDEX FD IVV, 347 sh. | $128,536 | 2020-12-18 |
| 1 | ISHARES BARCLAYS US AGGREGATE BOND FUND AGG, 34 sh. | $4,007 | 2020-12-18 |
| 1 | ISHARES MSCI GRW IDX EFG, 1210 sh. | $120,782 | 2020-12-18 |
| 1 | JOHNSON & JOHNSON JNJ, 50 sh. | $7,669 | 2020-12-18 |
| 1 | MERCK & CO INC MRK, 85 sh. | $6,742 | 2020-12-18 |
| 1 | MICROSOFT CORP MSFT, 100 sh. | $21,786 | 2020-12-18 |
| 1 | PFIZER INC PFE, 195 sh. | $7,370 | 2020-12-18 |
| 1 | PRECISION CASTPARTS - 3.250% - 06/15/20 740189AM7, 20000 sh. | $22,158 | 2020-12-18 |
| 1 | RAYTHEON TECHNOLOGIES CORP RTX, 105 sh. | $7,380 | 2020-12-18 |
| 1 | ROYAL BANK OF CANADA RY, 115 sh. | $9,397 | 2020-12-18 |
| 1 | SPDR S&P MIDCAP 400 EFT TRUST MDY, 155 sh. | $64,691 | 2020-12-18 |
| 1 | VANGUARD FTSE DEVELOPED MARKETS VEA, 1157 sh. | $54,743 | 2020-12-18 |
| 1 | VANGUARD MID-CAP ETF VO, 370 sh. | $76,808 | 2020-12-18 |
| 1 | VIATRIS ORD SHS VTRS, 24 sh. | $424 | 2020-12-18 |
| 1 | WAL-MART STORES INC WMT, 88 sh. | $12,863 | 2020-12-18 |
| 1 | EDGEWOOD GROWTH FUND INSTI EGFIX, 1714.827 sh. | $88,314 | 2020-12-29 |
| 1 | ALPHABET INC CL A GOOGL, 20 sh. | $35,436 | 2020-12-29 |
| 1 | AMAZON COM AMZN, 30 sh. | $99,478 | 2020-12-29 |
| 1 | APPLE INC AAPL, 1428 sh. | $195,015 | 2020-12-29 |
| 1 | BERKSHIRE HATHAWAY INC. CLASS B BRK-B, 215 sh. | $49,472 | 2020-12-29 |
| 1 | BLACKROCK BALANCED CAPITAL FUND CL INST MACPX, 565.58 sh. | $14,592 | 2020-12-29 |
| 1 | FULLER & THALER BEHAVIORAL SMALL CAP EQ FTHSX, 2470.741 sh. | $73,727 | 2020-12-29 |
| 1 | COLGATE-PALMOLIVE COMPANY CL, 2 sh. | $171 | 2020-12-29 |
| 1 | CONSTELLATION BRANDS INC STZ, 178 sh. | $38,900 | 2020-12-29 |
| 1 | DFA US LARGE COMPANY PORTFOLIO DFUSX, 6000 sh. | $167,520 | 2020-12-29 |
| 1 | EATON VANCE BALANCED FUND CLASS I EIIFX, 5573.844 sh. | $60,588 | 2020-12-29 |
| 1 | ISHARES TRUST RUSSELL 1000 GROWTH INDEX IWF, 430 sh. | $103,841 | 2020-12-29 |
| 1 | ISHARES MSCI USA MIN VOLATILITY USMV, 1954 sh. | $131,670 | 2020-12-29 |
| 1 | JP MORGAN CHASE JPM, 355 sh. | $44,583 | 2020-12-29 |
| 1 | JANUS ENTERPRISE CL I JMGRX, 357.382 sh. | $55,802 | 2020-12-29 |
| 1 | JP MORGAN CORE BOND FUND WOBDX, 607.012 sh. | $7,442 | 2020-12-29 |
| 1 | MFS INTL INTRINSIC VALUE FD I MINIX, 624.183 sh. | $34,205 | 2020-12-29 |
| 1 | NUANCE CONCENTRATED VALUE FUND INST CL NCVLX, 3916.056 sh. | $57,997 | 2020-12-29 |
| 1 | PIMCO INCOME FUND PIMIX, 2381.396 sh. | $28,791 | 2020-12-29 |
| 1 | T. ROWE PRICE DIVERSIFIED SMALL CAP GRO PRDSX, 2214.212 sh. | $105,042 | 2020-12-29 |
| 1 | SALESFORCE.COM CRM, 276 sh. | $61,570 | 2020-12-29 |
| 1 | VISA INC V, 180 sh. | $38,590 | 2020-12-29 |
Depreciation Schedule DepreciationSchedule
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | PRECISION CASTPARTS - 3.250% | BondNm |
| EOY Book Value | $22,158 | EOYBookValueAmt |
| EOYFMV | $22,099 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (41 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| ALPHABET INC CL A | $35,436 | $35,053 |
| AMAZON COM | $99,478 | $97,708 |
| AMGEN INC | $9,186 | $9,197 |
| APPLE INC | $195,014 | $189,481 |
| BERKSHIRE HATHAWAY INC. CLASS | $92,372 | $94,371 |
| BLACKROCK BALANCED CAPITAL FUN | $14,592 | $14,677 |
| BOEING CO | $7,736 | $7,492 |
| CISCO SYSTEMS INC | $8,356 | $8,279 |
| COLGATE-PALMOLIVE COMPANY | $171 | $171 |
| CONSTELLATION BRANDS INC | $38,900 | $38,991 |
| CORTEVA INC | $1,335 | $1,316 |
| DFA U.S. MICRO CAP PORTFOLIO | $6,001 | $6,045 |
| DFA US LARGE COMPANY PORTFOLIO | $167,520 | $168,900 |
| EATON VANCE BALANCED FUND CLAS | $60,588 | $60,922 |
| EDGEWOOD GROWTH FUND INSTI | $88,314 | $88,777 |
| FULLER & THALER BEHAVIORAL SMA | $73,727 | $74,221 |
| ISHARES BARCLAYS US AGGREGATE | $4,007 | $4,018 |
| ISHARES MSCI GRW IDX | $120,782 | $122,101 |
| ISHARES MSCI USA MIN VOLATILIT | $131,670 | $132,638 |
| ISHARES S&P 500 INDEX FD | $128,536 | $130,260 |
| ISHARES TRUST RUSSELL 1000 GRO | $103,841 | $103,690 |
| JANUS ENTERPRISE CL I | $55,802 | $56,481 |
| JOHNSON & JOHNSON | $7,669 | $7,869 |
| JP MORGAN CHASE | $44,583 | $45,110 |
| JP MORGAN CORE BOND FUND | $7,442 | $7,454 |
| MERCK & CO INC | $6,742 | $6,953 |
| MFS INTL INTRINSIC VALUE FD I | $34,205 | $34,062 |
| MICROSOFT CORP | $21,786 | $22,242 |
| NUANCE CONCENTRATED VALUE FUND | $57,997 | $58,271 |
| PFIZER INC | $7,370 | $7,178 |
| PIMCO INCOME FUND | $28,791 | $28,839 |
| RAYTHEON TECHNOLOGIES CORP | $7,380 | $7,509 |
| ROYAL BANK OF CANADA | $9,397 | $9,437 |
| SALESFORCE.COM | $61,570 | $61,418 |
| SPDR S&P MIDCAP 400 EFT TRUST | $64,691 | $65,088 |
| T. ROWE PRICE DIVERSIFIED SMAL | $105,042 | $105,684 |
| VANGUARD FTSE DEVELOPED MARKET | $54,743 | $54,622 |
| VANGUARD MID-CAP ETF | $76,808 | $76,505 |
| VIATRIS ORD SHS | $424 | $450 |
| VISA INC | $38,590 | $39,371 |
| WAL-MART STORES INC | $12,863 | $12,685 |
Reasonable Cause Explanation ReasonableCauseExplanation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | Burbridge Family Foundation (EIN: 85-3679461) respectfully requests abatement of any penalties for late filing of Form 990-PF for taxable year ending December 31, 2020 because the delay was inadvertent, unintended, and due to reasonable causes. Treasury Regulations Section 301.6651-1(c)(1) defines reasonable cause by asking whether the taxpayer exercised ordinary business care and prudence. The Foundation exercised care and prudence in seeking a reputable firm knowledgeable about exempt organizations to prepare its Form 990-PF for tax period ending 12/31/2020. The Foundation's 2020 Form 990-PF was timely filed on June 15, 2021. The return was originally mailed to the IRS, but was returned along with a notice instructing the Foundation to submit the return electronically. The Foundation's administrator advised the Foundation to submit the return for paper filing initially because at the time the return was filed, the foundation's exempt application was still pending and the IRS does not have the capability to accept e-filed returns for exempt organizations where tax exempt status is still pending. The foundation has since received their federal tax exempt status, and the foundation's administrator is now submitting the return via e-file, and the delay in filing Form 990-PF for the taxable year ending 2020 is no fault or willful neglect of the foundation. According to the standards set forth in Rev. Proc. 92-85, we believe the Foundation's actions were reasonable and in good faith. These administrative actions were in no way an intentional disregard of the IRS rules and therefore entitled to abatement of any penalty. The organization acted in good faith in complying with the filing deadline and in rectifying the situation as soon as it was known. Therefore, we again request that no penalty be assessed for late filing. | ExplanationTxt |
Substantial Contributors Sch SubstantialContributorsSch
Substantial Contributor Detail SubstantialContributorDetail (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd |
|---|---|---|---|
| Burbridge Steven C | |||
| 13108 Sherwood Drive | Leawood | KS | 66209 |
| Burbridge Julia A | |||
| 13108 Sherwood Drive | Leawood | KS | 66209 |