2022-07-29T17:55:59-05:00 2020-12-31 BDO USA LLP 200 OTTAWA AVE NW STE 300 GRAND RAPIDS MI 49503 990PF 2020-01-01 366066240 The Offield Family Foundation % BDO USA LLP OFFI 3123248425 PO BOX 1105 Chicago IL 60690 James Offield PRESIDENT & TREASURE 6167747000 2022-07-28 true James Offield XXX-XX-XXXX KELLI OLSON P01379656 6167747000 2022-07-28 2 2020 2022-09-23 18:48:47Z X 106762304 X 0 X 2032638 2032638 30549 16317801 30549 -9401 10902 2053786 2074089 0 70966 0 0 70966 27776 13888 0 13888 427323 427323 92196 37181 6726 624987 478392 0 84854 5000000 4800000 5624987 478392 0 4884854 -3571201 1595697 145836 289151 289151 66396561 63975730 83859936 18432954 16910195 22202545 262310 87438 181598 174872 174872 0 235800 235800 85156949 81585748 106762304 0 0 X 85156949 81585748 85156949 81585748 85156949 81585748 85156949 -3571201 81585748 81585748 PUBLICLY TRADED SECURITIES 16317801 16287252 30549 30549 30549 22180 22180 22180 35338 0 35338 13158 13158 false false false false false false false true true IL true false false false false true N/A BDO USA LLP 6167747000 200 OTTAWA AVE NW STE 300 GRAND RAPIDS MI 49503 false false false false false false false false false false false false false false false true false true true false false false false James S Offield PO BOX 1105 Chicago IL 60690 President, Treasurer, Director 1.0 0 0 0 Meighan Offield PO BOX 1105 Chicago IL 60690 Secretary, Director 1.0 0 0 0 Calen Offield PO BOX 1105 CHICAGO IL 60690 VICE PRESIDENT, Director 1.0 0 0 0 GOLDMAN SACHS & CO LLC 71 S WACKER DR SUITE 300 CHICAGO IL 60606 MONEY MANAGEMENT 427323 PERKINS COIE LLP 131 S DEARBORN ST SUITE 1700 CHICAGO IL 60603 LEGAL SERVICES 70966 N/A NONE 95142561 1051441 410672 96604674 0 96604674 1449070 95155604 4757780 4757780 22180 22180 4735600 4735600 4735600 4884854 0 0 0 0 4884854 0 4884854 4735600 0 2018 2017 2016 0 2508068 1071295 308580 441538 87384 4416865 4884854 0 4735600 149254 4566119 0 0 0 0 2508068 2058051 1071295 308580 441538 87384 149254 X SEE ATTACHED SCHEDULE SEE ATTACHED SCHEDULE SEE ATTACHED SCHEDULE MI 49503 PC SEE ATTACHED SCHEDULE 5000000 5000000 14 2032638 18 30549 OTHER INCOME (LOSS) 14 -9401 2053786 2053786 false false false false false false false false false false BDO USA, LLP 27776 13888 13888 NONE LEASEHOLD IMPROVE 262310 80712 M39 6726 GOLDMAN SACHS FIXED INCOME 17602585 17946331 GOLDMAN SACHS PUBLIC EQUITY 46373123 65913606 FLAG VIII - ABERDEEN 32740 3091535 PESOF, LP 4317279 5294368 GOLDMAN SACHS OTHER INVESTMENT 12560176 13816642 PERKINS COIE 70966 70966 DUE FROM PESOF 0 235800 235800 OTHER INCOME (LOSS) -9401 10902 GOLDMAN SACHS 427323 427323 Dear Sir/Madam: Your notice dated July 20, 2022 (copy enclosed) has been forwarded by the above-referenced taxpayer to our office for reply. The notice states that the 2020 Form 990-PF is being returned as it was not submitted electronically. The taxpayer timely filed the 2020 Form 990-PF by mail on November 15, 2021 after requesting an extension and submitting payment for any taxes due on May 15, 2021. Enclosed is a copy of the certified mailing receipt to support this. The taxpayer is a private family foundation and has acted in good faith at all times. It is important to note the taxpayer is a not-for profit entity that struggles to achieve positive operating results. Any monies that it cannot use for such assistance would harm the environmental research and conservation for marine life community it largely serves; a penalty of this magnitude would create financial hardship for the taxpayer and the recipients of their grants. It was believed the foundation was in compliance with its federal tax filing obligation until recently when the notice was received. All amounts owed were timely remitted by the original May 15, 2021 due date. The late electronic filing was not intentional or due to willful neglect. To the contrary, the taxpayer was unaware of the noncompliance and acted promptly to electronically file the return as soon as they were informed to do so. We respectfully request a full abatement of any penalties incurred, as the return has been electronically submitted within the requested time frame of 10 days from the notice date. If you have any questions or require additional information, please feel free to contact me at 616-774-7000. Very truly yours, BDO USA, LLP Kelli Olson, CPA FOREIGN TAXES WITHHELD 37181 37181 FEDERAL EXCISE TAXES 55015