2022-05-15T14:58:14-05:00 2020-12-31 Foundation Source One Hollow Ln Ste 212 Lake Success NY 11042 990PF 2020-10-27 853679461 Burbridge Family Foundation % Foundation Source 0 8008391754 Foundation Source 501 Silverside Rd Wilmington DE 198091377 Stevem Burbridge President 8008391754 2022-05-09 true Stevem Burbridge 999009999 Jeffrey D Haskell P01345770 8008391754 2020 2022-09-23 18:48:47Z X X X 2118466 X 2113615 831 831 0 2114446 831 0 0 0 0 0 0 0 0 0 2114446 831 831 831 2091457 2095536 22158 22099 0 2114446 2118466 0 0 X 2114446 0 2114446 0 2114446 0 2114446 2114446 2114446 12 12 12 0 0 12 false false false false false false false true true DE true false true false false true N/A 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 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 705878 138 0 706016 0 706016 10590 695426 6270 6270 12 12 6258 6258 6258 0 0 0 0 0 0 0 0 6258 2018 2017 2016 0 0 0 6258 0 0 Julia A Burbridge Steven C Burbridge X 14 831 831 831 false false false false false false false false false false X X 1 Burbridge Steven C 13108 Sherwood Drive Leawood KS 66209 2113615 X 1 AMGEN INC AMGN, 40 sh. 9186 2020-12-18 1 BERKSHIRE HATHAWAY INC. CLASS B BRK-B, 192 sh. 42900 2020-12-18 1 BOEING CO BA, 35 sh. 7736 2020-12-18 1 CISCO SYSTEMS INC CSCO, 185 sh. 8356 2020-12-18 1 CORTEVA INC CTVA, 34 sh. 1335 2020-12-18 1 DFA U.S. MICRO CAP PORTFOLIO DFSCX, 264.341 sh. 6000 2020-12-18 1 ISHARES S&P 500 INDEX FD IVV, 347 sh. 128536 2020-12-18 1 ISHARES BARCLAYS US AGGREGATE BOND FUND AGG, 34 sh. 4007 2020-12-18 1 ISHARES MSCI GRW IDX EFG, 1210 sh. 120782 2020-12-18 1 JOHNSON & JOHNSON JNJ, 50 sh. 7669 2020-12-18 1 MERCK & CO INC MRK, 85 sh. 6742 2020-12-18 1 MICROSOFT CORP MSFT, 100 sh. 21786 2020-12-18 1 PFIZER INC PFE, 195 sh. 7370 2020-12-18 1 PRECISION CASTPARTS - 3.250% - 06/15/20 740189AM7, 20000 sh. 22158 2020-12-18 1 RAYTHEON TECHNOLOGIES CORP RTX, 105 sh. 7380 2020-12-18 1 ROYAL BANK OF CANADA RY, 115 sh. 9397 2020-12-18 1 SPDR S&P MIDCAP 400 EFT TRUST MDY, 155 sh. 64691 2020-12-18 1 VANGUARD FTSE DEVELOPED MARKETS VEA, 1157 sh. 54743 2020-12-18 1 VANGUARD MID-CAP ETF VO, 370 sh. 76808 2020-12-18 1 VIATRIS ORD SHS VTRS, 24 sh. 424 2020-12-18 1 WAL-MART STORES INC WMT, 88 sh. 12863 2020-12-18 1 EDGEWOOD GROWTH FUND INSTI EGFIX, 1714.827 sh. 88314 2020-12-29 1 ALPHABET INC CL A GOOGL, 20 sh. 35436 2020-12-29 1 AMAZON COM AMZN, 30 sh. 99478 2020-12-29 1 APPLE INC AAPL, 1428 sh. 195015 2020-12-29 1 BERKSHIRE HATHAWAY INC. CLASS B BRK-B, 215 sh. 49472 2020-12-29 1 BLACKROCK BALANCED CAPITAL FUND CL INST MACPX, 565.58 sh. 14592 2020-12-29 1 FULLER & THALER BEHAVIORAL SMALL CAP EQ FTHSX, 2470.741 sh. 73727 2020-12-29 1 COLGATE-PALMOLIVE COMPANY CL, 2 sh. 171 2020-12-29 1 CONSTELLATION BRANDS INC STZ, 178 sh. 38900 2020-12-29 1 DFA US LARGE COMPANY PORTFOLIO DFUSX, 6000 sh. 167520 2020-12-29 1 EATON VANCE BALANCED FUND CLASS I EIIFX, 5573.844 sh. 60588 2020-12-29 1 ISHARES TRUST RUSSELL 1000 GROWTH INDEX IWF, 430 sh. 103841 2020-12-29 1 ISHARES MSCI USA MIN VOLATILITY USMV, 1954 sh. 131670 2020-12-29 1 JP MORGAN CHASE JPM, 355 sh. 44583 2020-12-29 1 JANUS ENTERPRISE CL I JMGRX, 357.382 sh. 55802 2020-12-29 1 JP MORGAN CORE BOND FUND WOBDX, 607.012 sh. 7442 2020-12-29 1 MFS INTL INTRINSIC VALUE FD I MINIX, 624.183 sh. 34205 2020-12-29 1 NUANCE CONCENTRATED VALUE FUND INST CL NCVLX, 3916.056 sh. 57997 2020-12-29 1 PIMCO INCOME FUND PIMIX, 2381.396 sh. 28791 2020-12-29 1 T. ROWE PRICE DIVERSIFIED SMALL CAP GRO PRDSX, 2214.212 sh. 105042 2020-12-29 1 SALESFORCE.COM CRM, 276 sh. 61570 2020-12-29 1 VISA INC V, 180 sh. 38590 2020-12-29 PRECISION CASTPARTS - 3.250% 22158 22099 ALPHABET INC CL A 35436 35053 AMAZON COM 99478 97708 AMGEN INC 9186 9197 APPLE INC 195014 189481 BERKSHIRE HATHAWAY INC. CLASS 92372 94371 BLACKROCK BALANCED CAPITAL FUN 14592 14677 BOEING CO 7736 7492 CISCO SYSTEMS INC 8356 8279 COLGATE-PALMOLIVE COMPANY 171 171 CONSTELLATION BRANDS INC 38900 38991 CORTEVA INC 1335 1316 DFA U.S. MICRO CAP PORTFOLIO 6001 6045 DFA US LARGE COMPANY PORTFOLIO 167520 168900 EATON VANCE BALANCED FUND CLAS 60588 60922 EDGEWOOD GROWTH FUND INSTI 88314 88777 FULLER & THALER BEHAVIORAL SMA 73727 74221 ISHARES BARCLAYS US AGGREGATE 4007 4018 ISHARES MSCI GRW IDX 120782 122101 ISHARES MSCI USA MIN VOLATILIT 131670 132638 ISHARES S&P 500 INDEX FD 128536 130260 ISHARES TRUST RUSSELL 1000 GRO 103841 103690 JANUS ENTERPRISE CL I 55802 56481 JOHNSON & JOHNSON 7669 7869 JP MORGAN CHASE 44583 45110 JP MORGAN CORE BOND FUND 7442 7454 MERCK & CO INC 6742 6953 MFS INTL INTRINSIC VALUE FD I 34205 34062 MICROSOFT CORP 21786 22242 NUANCE CONCENTRATED VALUE FUND 57997 58271 PFIZER INC 7370 7178 PIMCO INCOME FUND 28791 28839 RAYTHEON TECHNOLOGIES CORP 7380 7509 ROYAL BANK OF CANADA 9397 9437 SALESFORCE.COM 61570 61418 SPDR S&P MIDCAP 400 EFT TRUST 64691 65088 T. ROWE PRICE DIVERSIFIED SMAL 105042 105684 VANGUARD FTSE DEVELOPED MARKET 54743 54622 VANGUARD MID-CAP ETF 76808 76505 VIATRIS ORD SHS 424 450 VISA INC 38590 39371 WAL-MART STORES INC 12863 12685 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. Burbridge Steven C 13108 Sherwood Drive Leawood KS 66209 Burbridge Julia A 13108 Sherwood Drive Leawood KS 66209