STRATEGY STUDIO / PUBLIC DATA EXPLORER

UNDERWOOD FAMILY CHARITABLE FOUNDATION: Form 990PF, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
UNDERWOOD FAMILY CHARITABLE FOUNDATION (EIN 77-0456013)
Tax period
2021-01-01 to 2021-12-31
Filed
2022-05-13
IRS object ID
202241339349103689
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)
Return2022-05-13T15:00:04-07:00ReturnTs
Tax Period End2021-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN813893909PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1McAvoy Co CPABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1115 S La Cumbre Lane Suite 100AddressLine1Txt
CitySanta BarbaraCityNm
State AbbreviationCAStateAbbreviationCd
ZIP93105ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2021-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN770456013EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Underwood Family Charitable FoundationBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlUNDEBusinessNameControlTxt
Phone4085294316PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO Box 1670AddressLine1Txt
CitySanta BarbaraCityNm
State AbbreviationCAStateAbbreviationCd
ZIP93111ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonWilliam J Underwood IIIPersonNm
Person TitlePresidentPersonTitleTxt
Signature2022-05-13SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstWilliam J UnderwoodPersonFirstNm
Person LastIIIPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonArjun S McAvoyPreparerPersonNm
PTINP01289867PTIN
Phone8052696770PhoneNum
Self EmployedYes (X)SelfEmployedInd

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$417,756FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Dividends Rev And Expnss$14,569DividendsRevAndExpnssAmt
Dividends Net Invst Incm$14,569DividendsNetInvstIncmAmt
Dividends Adj Net Incm$14,569DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss-$630NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$25,003GrossSalesPriceAmt
Total Rev And Expnss$13,939TotalRevAndExpnssAmt
Total Net Invst Incm$14,569TotalNetInvstIncmAmt
Total Adj Net Incm$14,569TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss$2,300AccountingFeesRevAndExpnssAmt
Taxes Rev And Expnss$25TaxesRevAndExpnssAmt
Other Expenses Rev And Expnss$350OtherExpensesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$2,675TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$23,590ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$23,590ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$26,265TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$23,590TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$12,326ExcessRevenueOverExpensesAmt
Net Investment Income$14,569NetInvestmentIncomeAmt
Adjusted Net Income$14,569AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$15,858CashBOYAmt
Cash EOY$14,593CashEOYAmt
Cash EOYFMV$14,593CashEOYFMVAmt
Other Investments BOY$418,007OtherInvestmentsBOYAmt
Other Investments EOY$406,946OtherInvestmentsEOYAmt
Other Investments EOYFMV$403,163OtherInvestmentsEOYFMVAmt
Total Assets BOY$433,865TotalAssetsBOYAmt
Total Assets EOY$421,539TotalAssetsEOYAmt
Total Assets EOYFMV$417,756TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$433,865RetainedEarningBOYAmt
Retained Earning EOY$421,539RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$433,865TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$421,539TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$433,865TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$421,539TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$433,865TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$12,326ExcessRevenueOverExpensesAmt
Subtotal$421,539SubtotalAmt
Tot Net Ast Or Fund Balances EOY$421,539TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
Property2105.219 PIMCO Income Fund Cl APropertyDesc
How AcquiredPHowAcquiredCd
Acquired2020-12-16AcquiredDt
Sold2021-12-17SoldDt
Gross Sales Price$25,003GrossSalesPriceAmt
Cost Or Other Basis$25,633CostOrOtherBasisAmt
Gain Or Loss-$630GainOrLossAmt
Gains Minus Excess Or Losses-$630GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income-$630CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$203InvestmentIncomeExciseTaxAmt
Subtotal$203SubtotalAmt
Tax Based On Investment Income$203TaxBasedOnInvestmentIncomeAmt
Extsn Request Income Tax Paid$500ExtsnRequestIncomeTaxPaidAmt
Total Payments And Credits$500TotalPaymentsAndCreditsAmt
Overpayment$297OverpaymentAmt
Applied To ES Tax$297AppliedToESTaxAmt

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 SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateCAOrgReportOrRegisterStateCd
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 Line1Janet UnderwoodBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone4085294316PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1PO Box 1670AddressLine1Txt
CitySanta BarbaraCityNm
State AbbreviationCAStateAbbreviationCd
ZIP93111ZIPCd
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
Janet Underwood
PO Box 1670Santa BarbaraCA93111Executive Dir.5.00$0
William J Underwood III
PO Box 1670Santa BarbaraCA93111President1.00$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$422,880AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$12,918AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$435,798TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$435,798AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$6,537CashDeemedCharitableAmt
Net Vl Noncharitable Assets$429,261NetVlNoncharitableAssetsAmt
Minimum Investment Return$21,463MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$21,463MinimumInvestmentReturnAmt
Tax Based On Investment Income$203TaxBasedOnInvestmentIncomeAmt
Total Tax$203TotalTaxAmt
Distributable Before Adj$21,260DistributableBeforeAdjAmt
Distributable Before Ded$21,260DistributableBeforeDedAmt
Distributable As Adjusted$21,260DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$23,590ExpensesAndContributionsAmt
Qualifying Distributions$23,590QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$21,260DistributableAsAdjustedAmt
Undistributed Income PY$15,232UndistributedIncomePYAmt
Qualifying Distributions$23,590QualifyingDistributionsAmt
Applied To Year1$15,232AppliedToYear1Amt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$8,358AppliedToCurrentYearAmt
Undistributed Income CY$12,902UndistributedIncomeCYAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (19 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
Santa Barbara Audobon Society
PO Box 6737Santa BarbaraCA93160N/APCGeneral Operating Support$500
Chronicle Season of Sharing
901 Mission StreetSan FranciscoCA94103N/APCGeneral Operating Support$3,750
Heifer International
1 World AvenueLittle RockAR72202N/APCGeneral Operating Support$1,000
Santa Barbara Botanic Garden
1212 Mission Canyon RoadSanta BarbaraCA93105N/APCGeneral Operating Support$1,000
LotusLand
695 Ashley RoadSanta BarbaraCA93108N/APCGeneral Operating Support$1,000
KQED
2601 Mariposa StreetSan FranciscoCA94110N/APCGeneral Operating Support$500
California Film Institute
1001 Lotens Place 220San RafaelCA94901N/APCGeneral Operating Support$1,300
SF Marin Food Bank
900 Pennsylvania AvenueSan FranciscoCA94107N/APCGeneral Operating Support$3,750
10000 Degrees
PO Box LSan RafaelCA94913N/APCGeneral Operating Support$3,000
SB Museum of Natural History
2559 Puesta Del SolSanta BarbaraCA93105N/APCGeneral Operating Support$500
Santa Barbara Maritime Museum
113 Harbor Way 190Santa BarbaraCA93109N/APCGeneral Operating Support$545
Santa Barbara Channelkeeper
714 Bond AvenueSanta BarbaraCA93103N/APCGeneral Operating Support$1,000
San Francisco Maritime National Par
PO Box 470310San FranciscoCA94147N/APCGeneral Operating Support$200
Semper Fi Foundation
825 College Blvd 102 PMB 609OceansideCA92057N/APCGeneral Operating Support$1,000
Society of North American Goldsmith
PO Box 1355EugeneOR97440N/APCGeneral Operating Support$500
Transition House
425 E Cota StreetSanta BarbaraCA93101N/APCGeneral Operating Support$1,030
Heal the Ocean
1430 Chapala StreetSanta BarbaraCA93101N/APCGeneral Operating Support$515
Enamelist Society
PO Box 920220NorcrossGA30010N/APCGeneral Operating Support$500
Santa Barbara Foundation
1111 Chapala Street Ste 200Santa BarbaraCA93101N/APCGeneral Operating Support$2,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$23,590TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$14,569ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion-$630ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$13,939ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$13,939TotalIncomeProducingActyAmt

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)
CategoryProfessional feesCategoryTxt
Amt$2,300Amt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

FieldValueIRS element (for citing)
Category Or ItemPublic mutual fundsCategoryOrItemTxt
Listed At Cost Or FMVFMVListedAtCostOrFMVCd
Book Value$406,946BookValueAmt
EOYFMV$403,163EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp

FieldValueIRS element (for citing)
DescPO Box FeesDesc
Revenue And Expenses Per Books$350RevenueAndExpensesPerBooksAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategorySecretary of StateCategoryTxt
Amt$25Amt