STRATEGY STUDIO / PUBLIC DATA EXPLORER

GLASTAD CHARITABLE TR: Form 990PF, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
GLASTAD CHARITABLE TR (EIN 65-6239371)
Tax period
2021-01-01 to 2021-12-31
Filed
2022-06-29
IRS object ID
202231809349100813
Schema version
2021v4.0
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 ReturnHeader

FieldValueIRS element (for citing)
Return2022-06-29T11:34:18-07:00ReturnTs
Tax Period End2021-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN270249502PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Gilbert & Calabrese LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1181 Route 206AddressLine1Txt
CityFlandersCityNm
State AbbreviationNJStateAbbreviationCd
ZIP07836ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2021-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN656239371EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Glastad Charitable TrustBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlGLASBusinessNameControlTxt
Phone9735254797PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line156 Joyce DriveAddressLine1Txt
CitySuccasunnaCityNm
State AbbreviationNJStateAbbreviationCd
ZIP07876ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJoyce EverswickPersonNm
Person TitleTrusteePersonTitleTxt
Signature2022-06-29SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstJoycePersonFirstNm
Person LastEverswickPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMichael S Gilbert CPAPreparerPersonNm
PTINP00434805PTIN
Phone9734481099PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
Federated Assurance LevelFAL1FederatedAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$791,549FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$5InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$5InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$15,260DividendsRevAndExpnssAmt
Dividends Net Invst Incm$15,260DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$324,032NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$2,169,246GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$324,032CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$339,297TotalRevAndExpnssAmt
Total Net Invst Incm$339,297TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$1,500AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$1,500AccountingFeesNetInvstIncmAmt
Interest Rev And Expnss$246InterestRevAndExpnssAmt
Interest Net Invst Incm$246InterestNetInvstIncmAmt
Taxes Rev And Expnss$515TaxesRevAndExpnssAmt
Taxes Net Invst Incm$515TaxesNetInvstIncmAmt
Other Expenses Rev And Expnss$28OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$28OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$2,289TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$2,289TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$30,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$30,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$32,289TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$2,289TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$30,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$307,008ExcessRevenueOverExpensesAmt
Net Investment Income$337,008NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$30,639SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$51,407SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$51,407SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$359,247CorporateStockBOYAmt
Corporate Stock EOY$645,487CorporateStockEOYAmt
Corporate Stock EOYFMV$740,142CorporateStockEOYFMVAmt
Total Assets BOY$389,886TotalAssetsBOYAmt
Total Assets EOY$696,894TotalAssetsEOYAmt
Total Assets EOYFMV$791,549TotalAssetsEOYFMVAmt
Loans From Officers BOY$59,331LoansFromOfficersBOYAmt
Loans From Officers EOY$59,331LoansFromOfficersEOYAmt
Total Liabilities BOY$59,331TotalLiabilitiesBOYAmt
Total Liabilities EOY$59,331TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Capital Stock BOY$498,163CapitalStockBOYAmt
Capital Stock EOY$498,163CapitalStockEOYAmt
Retained Earning BOY-$167,608RetainedEarningBOYAmt
Retained Earning EOY$139,400RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$330,555TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$637,563TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$389,886TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$696,894TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$330,555TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$307,008ExcessRevenueOverExpensesAmt
Subtotal$637,563SubtotalAmt
Tot Net Ast Or Fund Balances EOY$637,563TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
Publicly traded securitiesP2021-01-022021-12-31$1,507,061$1,486,310$20,751$20,751
Publicly traded securitiesP2014-06-302021-12-31$415,361$265,191$150,170$150,170
Publicly traded securitiesP2014-06-302021-12-31$246,824$93,713$153,111$153,111
FieldValueIRS element (for citing)
Capital Gain Net Income$324,032CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss$20,751NetShortTermCapitalGainLossAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$4,684InvestmentIncomeExciseTaxAmt
Subtotal$4,684SubtotalAmt
Tax Based On Investment Income$4,684TaxBasedOnInvestmentIncomeAmt
Extsn Request Income Tax Paid$9,404ExtsnRequestIncomeTaxPaidAmt
Total Payments And Credits$9,404TotalPaymentsAndCreditsAmt
Overpayment$4,720OverpaymentAmt
Applied To ES Tax$4,720AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedfalseSection508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1Joyce EverswickBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone9735254797PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line156 Joyce DriveAddressLine1Txt
CitySuccasunnaCityNm
State AbbreviationNJStateAbbreviationCd
ZIP07876ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Acts Fail To Qlfy As ExceptionsfalseActsFailToQlfyAsExceptionsInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
Joyce Everswick
56 Joyce DriveSuccasunnaNJ07876Trustee0.00$0
Mark Everswick
4398 Eakern Circle NEMonticelloMN55362Trustee0.00$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$629,547AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$14,577AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$644,124TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$644,124AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$9,662CashDeemedCharitableAmt
Net Vl Noncharitable Assets$634,462NetVlNoncharitableAssetsAmt
Minimum Investment Return$31,723MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$31,723MinimumInvestmentReturnAmt
Tax Based On Investment Income$4,684TaxBasedOnInvestmentIncomeAmt
Total Tax$4,684TotalTaxAmt
Distributable Before Adj$27,039DistributableBeforeAdjAmt
Distributable Before Ded$27,039DistributableBeforeDedAmt
Distributable As Adjusted$27,039DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$30,000ExpensesAndContributionsAmt
Qualifying Distributions$30,000QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$27,039DistributableAsAdjustedAmt
Undistributed Income PY$29,566UndistributedIncomePYAmt
Qualifying Distributions$30,000QualifyingDistributionsAmt
Applied To Year1$29,566AppliedToYear1Amt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$434AppliedToCurrentYearAmt
Undistributed Income CY$26,605UndistributedIncomeCYAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerJoyce EverswickContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (16 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
Sabine Creek Ranch
576 Sabine Creek RoadRoyce CityTX75189NonePCGeneral support$500
Allegro Organizational Solutions
5535 Memorial Drive Ste F-811HoustonTX77007NonePCGeneral support$2,000
CRU
100 Lake Hart DriveOrlandoFL32832NonePCGeneral support$2,000
Team Giving
PO Box 1683Carol StreamIL60132NonePCGeneral support$4,000
Team Giving
PO Box 1683Carol StreamIL60132NonePCGeneral support$4,000
Teach Beyond
PO Box 610Downers GroveIL60515NonePCGeneral support$1,200
Christar
1500 International Parkway Ste 300RichardsonTX75081NonePCGeneral support$1,500
Student Mobilization
PO Box 567ConwayAR72033NonePCGeneral support$900
Center Point Bible Institute
1009 Rennard StCaddo MillsTX75135NonePCGeneral support$3,400
Wheaton Academy
900 Prince Crossing RoadWest ChicagoIL60185NonePCGeneral support$1,000
Global Service Network
844 56th StreetBrooklynNY11220NonePCGeneral support$2,000
Baylor Foundation
3500 Gaston AveDallasTX75246NonePCGeneral support$2,000
Love God Greatly
1 Darrr RoadHeathTX75032NonePCGeneral support$2,000
TEAM
PO Box 1683Carol StreamIL60183NonePCGeneral Support$1,000
Bible Exposition Institute
500 Sands DriveSan JoseCA95125NonePCGeneral Support$1,500
Lutheran Bretheren International
PO Box 655Fergus FallsMN56538NonePCGeneral Support$1,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$30,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$5ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$15,260ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$324,032RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$15,265ExclusionAmt
Related Or Exempt Function Incm$324,032RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$339,297TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryGilbert & Calabrese LLCCategoryTxt
Amt$1,500Amt
Net Investment Income$1,500NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp

FieldValueIRS element (for citing)
DescMiscellaneous office expensesDesc
Revenue And Expenses Per Books$28RevenueAndExpensesPerBooksAmt
Net Investment Income$28NetInvestmentIncomeAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryForm 990-PF taxesCategoryTxt
Amt$515Amt
Net Investment Income$515NetInvestmentIncomeAmt