TREMONT CHARITABLE FOUNDATION: Form 990PF, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- TREMONT CHARITABLE FOUNDATION (EIN 87-0848645)
- Tax period
- 2021-05-13 to 2021-12-31
- Filed
- 2022-10-13
- IRS object ID
- 202242869349101124
- Schema version
- 2021v4.2
- 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
- General Explanation Attachment
- Liquidation Explanation Stmt
- Other Expenses Schedule
- Other Professional Fees Schedule
- Substantial Contributors Sch
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-10-13T15:01:18-05:00 | ReturnTs |
| Tax Period End | 2021-12-31 | 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 | 3333 New Hyde Park Rd Ste 406 | AddressLine1Txt |
| City | New Hyde Park | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11042 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2021-05-13 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 870848645 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Tremont Charitable Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % Foundation Source | InCareOfNm |
| Business Name Control | FOUN | 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 | katherine flegel | PersonNm |
| Person Title | president | PersonTitleTxt |
| Phone | 8008391754 | PhoneNum |
| Signature | 2022-09-08 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | katherine | PersonFirstNm |
| Person Last | flegel | 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 | 2021 | 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 |
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $13,237 | 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 | $1,612,457 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $56 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $56 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $3,596 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $3,596 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$6,906 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,426,631 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $539,586 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $1,609,203 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $543,238 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Other Prof Fees Rev And Expnss | $1,933 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $1,933 | OtherProfFeesNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $8,533 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Dsbrs Chrtbl | $8,533 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $10,466 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $1,933 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $8,533 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,585,500 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,585,500 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,595,966 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $1,933 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,594,033 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $13,237 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $541,305 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst EOY | $13,237 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $13,237 | SavAndTempCashInvstEOYFMVAmt |
| Total Assets BOY | $0 | TotalAssetsBOYAmt |
| Total Assets EOY | $13,237 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $13,237 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning EOY | $13,237 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $0 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $13,237 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $0 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $13,237 | 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 | $13,237 | ExcessRevenueOverExpensesAmt |
| Subtotal | $13,237 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $13,237 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | Publicly-traded Securities | PropertyDesc |
| Gross Sales Price | $1,426,631 | GrossSalesPriceAmt |
| Cost Or Other Basis | $887,045 | CostOrOtherBasisAmt |
| Gain Or Loss | $539,586 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $539,586 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $539,586 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $7,524 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $7,524 | SubtotalAmt |
| Tax Based On Investment Income | $7,524 | TaxBasedOnInvestmentIncomeAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $7,600 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $7,600 | TotalPaymentsAndCreditsAmt |
| Overpayment | $76 | OverpaymentAmt |
| Applied To ES Tax | $76 | AppliedToESTaxAmt |
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 | Yes (true) | 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 |
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 |
|---|---|---|---|---|---|---|---|---|
| Katherine Flegal | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir, Pres | 1.0 | $0 | $0 | $0 |
| John Spitzer | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir, 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 | $363,844 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $48,640 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $412,484 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $412,484 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $6,187 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $406,297 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $12,968 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $12,968 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $7,524 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $7,524 | TotalTaxAmt |
| Distributable Before Adj | $5,444 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $5,444 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $5,444 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,594,033 | 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 | $1,594,033 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $5,444 | DistributableAsAdjustedAmt |
| Prior Year1 | 2019 | PriorYear1Yr |
| Prior Year2 | 2018 | PriorYear2Yr |
| Prior Year3 | 2017 | PriorYear3Yr |
| Qualifying Distributions | $1,594,033 | QualifyingDistributionsAmt |
| Applied To Current Year | $5,444 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $1,588,589 | RemainingDistriFromCorpusAmt |
| Total Corpus | $1,588,589 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $1,588,589 | CorpusDistri170b1EOr4942g3Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (28 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| ABODE SERVICES | |||||||
| 40849 FREMONT BLVD | FREMONT | CA | 94538 | N/A | PC | General & Unrestricted | $110,000 |
| ADVENTIST DEVELOPMENT AND RELIEF AGENCY INTERNATIO | |||||||
| 12501 OLD COLUMBIA PIKE | SILVER SPRING | MD | 20904 | N/A | PC | General & Unrestricted | $230,000 |
| AICARDI SYNDROME FOUNDATION | |||||||
| 3426 MAJESTIC OAKS DR | ST CHARLES | IL | 60174 | N/A | PC | General & Unrestricted | $100,000 |
| ALL JOIN HANDS FOUNDATION LTD | |||||||
| 2811 W POLLACK ST | PHOENIX | AZ | 85041 | N/A | PC | General & Unrestricted | $500 |
| AURORA THEATRE COMPANY | |||||||
| 2081 ADDISON ST | BERKELEY | CA | 94704 | N/A | PC | General & Unrestricted | $10,000 |
| BERKELEY EAST BAY HUMANE SOCIETY INC | |||||||
| 2700 9TH ST | BERKELEY | CA | 94710 | N/A | PC | General & Unrestricted | $10,000 |
| CATHOLIC CHARITIES DIOCESE OF VENICE INC | |||||||
| 1000 PINEBROOK RD | VENICE | FL | 34285 | N/A | PC | General & Unrestricted | $50,000 |
| CATHOLIC CHARITIES OF THE DIOCESE OF OAKLAND | |||||||
| 433 JEFFERSON ST | OAKLAND | CA | 94607 | N/A | PC | General & Unrestricted | $120,000 |
| CENTRAL CALIFORNIA FOOD BANK | |||||||
| 4010 E AMENDOLA DR | FRESNO | CA | 93725 | N/A | PC | General & Unrestricted | $5,000 |
| EAST BAY PERFORMING ARTS | |||||||
| 1440 BROADWAY STE 405 | OAKLAND | CA | 94612 | N/A | PC | General & Unrestricted | $10,000 |
| EQUAL JUSTICE INITIATIVE | |||||||
| 122 COMMERCE ST | MONTGOMERY | AL | 36104 | N/A | PC | General & Unrestricted | $50,000 |
| EQUAL OPPORTUNITY SCHOOLS | |||||||
| 5601 6TH AVE S STE 258 | SEATTLE | WA | 98108 | N/A | PC | General & Unrestricted | $100,000 |
| FEEDING THE GULF COAST | |||||||
| 5248 MOBILE S ST | THEODORE | AL | 36582 | N/A | PC | General & Unrestricted | $50,000 |
| INTERNET ARCHIVE | |||||||
| 300 FUNSTON AVE | SAN FRANCISCO | CA | 94118 | N/A | PC | General & Unrestricted | $1,000 |
| ISLAMIC CULTURAL CENTER OF FRESNO | |||||||
| 2111 E NEES AVE | FRESNO | CA | 93720 | N/A | PC | General & Unrestricted | $2,000 |
| MILO FOUNDATION | |||||||
| PO BOX 6625 | ALBANY | CA | 94706 | N/A | PC | General & Unrestricted | $20,000 |
| NEW ISRAEL FUND | |||||||
| 235 MONTGOMERY ST STE 920 | SAN FRANCISCO | CA | 94104 | N/A | PC | Gisha Fund | $50,000 |
| SYMPHONY SOCIETY OF SAN ANTONIO | |||||||
| 342 W WOODLAWN AVE STE 100 | SAN ANTONIO | TX | 78212 | N/A | PC | General & Unrestricted | $10,000 |
| THE ALAMEDA COUNTY COMMUNITY FOOD BANK INC | |||||||
| PO BOX 2599 | OAKLAND | CA | 94614 | N/A | PC | General & Unrestricted | $5,000 |
| THE CENTER FOR SCIENTIFIC INTEGRITY INC | |||||||
| 121 W 36TH ST STE 209 | NEW YORK | NY | 10018 | N/A | PC | General & Unrestricted | $1,000 |
| THURGOOD MARSHALL COLLEGE FUND INC | |||||||
| 901 F ST NW STE 700 | WASHINGTON | DC | 20004 | N/A | PC | General & Unrestricted | $100,000 |
| UNITED PALESTINIAN APPEAL INC | |||||||
| 1330 NEW HAMPSHIRE AVE NW STE 104 | WASHINGTON | DC | 20036 | N/A | PC | General & Unrestricted | $100,000 |
| UNIVERSITY OF CALIFORNIA BERKELEY FOUNDATION | |||||||
| 1995 UNIVERSITY AVE STE 401 | BERKELEY | CA | 94704 | N/A | PC | Undergraduate Scholarship Fund | $200,000 |
| UNIVERSITY OF CALIFORNIA BERKELEY FOUNDATION | |||||||
| 1995 UNIVERSITY AVE STE 401 | BERKELEY | CA | 94704 | N/A | PC | The Undocumented Student Program | $15,000 |
| UNIVERSITY OF CALIFORNIA BERKELEY FOUNDATION | |||||||
| 1995 UNIVERSITY AVE STE 401 | BERKELEY | CA | 94704 | N/A | PC | The Underground Scholars Fund | $5,000 |
| UNIVERSITY OF CALIFORNIA MERCED FOUNDATION | |||||||
| 5200 N LAKE ROAD | MERCED | CA | 95343 | N/A | PC | Undergraduate Scholarship Fund | $100,000 |
| UNIVERSITY OF CALIFORNIA MERCED FOUNDATION | |||||||
| 5200 N LAKE ROAD | MERCED | CA | 95343 | N/A | PC | Dream Act Scholarship Fund | $120,000 |
| WIKIMEDIA FOUNDATION INC | |||||||
| PO BOX 98204 | WASHINGTON | DC | 20090 | N/A | PC | General & Unrestricted | $11,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,585,500 | TotalGrantOrContriPdDurYrAmt |
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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $56 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $3,596 | 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 Income | OtherInvestmentIncomeGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$6,906 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 | -$3,254 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | -$3,254 | 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 | SPITZER FAMILY TRUST | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1238 Martin Luther King Jr Way | AddressLine1Txt |
| City | Berkeley | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94709 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $1,612,457 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
| Noncash Contribution | Yes (X) | NoncashContributionInd |
Non Cash Property Contribution NonCashPropertyContributionGrp (18 entries)
| ContributorContributorNum | Noncash PropertyNoncashPropertyDesc | Fair Market ValueFairMarketValueAmt | ReceivedReceivedDt |
|---|---|---|---|
| 1 | AGILENT TECHNOLOGIES INC A, 250 sh. | $43,511 | 2021-08-27 |
| 1 | CERNER CORPORATION CERN, 320 sh. | $24,475 | 2021-08-27 |
| 1 | DOMINION ENERGY INC D, 635 sh. | $49,765 | 2021-08-27 |
| 1 | DOVER CORP DOV, 316 sh. | $55,235 | 2021-08-27 |
| 1 | HENRY JACK & ASSOC INC JKHY, 234 sh. | $41,041 | 2021-08-27 |
| 1 | LABORATORY CORP AMER HLDGS LH, 80 sh. | $24,109 | 2021-08-27 |
| 1 | T. ROWE PRICE GROUP TROW, 219 sh. | $48,348 | 2021-08-27 |
| 1 | PROCTER GAMBLE CO PG, 224 sh. | $31,854 | 2021-08-27 |
| 1 | AMERICAN FUNDS EUROPACIFIC GROWTH FUND FEUPX, 469.238 sh. | $33,757 | 2021-08-30 |
| 1 | VANGUARD SMALL CAP INDEX FD ADMIRAL SHS VSMAX, 694.276 sh. | $75,371 | 2021-08-30 |
| 1 | CBRE GROUP CBRE, 915 sh. | $87,515 | 2021-08-31 |
| 1 | COSTCO WHOLESALE CORPORATION COST, 208 sh. | $94,331 | 2021-08-31 |
| 1 | INTUIT INTU, 178 sh. | $100,736 | 2021-08-31 |
| 1 | JP MORGAN CHASE JPM, 505 sh. | $81,653 | 2021-08-31 |
| 1 | KEYSIGHT TECHNOLOGIES INC KEYS, 495 sh. | $88,647 | 2021-08-31 |
| 1 | ELI LILLY & CO LLY, 363 sh. | $95,048 | 2021-08-31 |
| 1 | MICROSOFT CORP MSFT, 305 sh. | $92,404 | 2021-08-31 |
| 1 | PEPSICO INC PEP, 543 sh. | $84,656 | 2021-08-31 |
Depreciation Schedule DepreciationSchedule
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Form 990-PF, Part XII, Line 7 | IdentifierTxt |
| Form And Line Reference | Form 990-PF, Part XII, Line 7 | FormAndLineReferenceDesc |
| Medium Explanation | Amount Treated as Distributions out of Corpus to Satisfy Section 170(b)(1)(F)(ii) Tremont Charitable Foundation (the "Foundation") hereby elects to satisfy the requirements of Internal Revenue Code ("Code") Section 170(b)(1)(F)(ii) in respect of contributions of cash and publicly traded securities with a total value of $1,612,457 on the dates received in the taxable year ending December 31, 2021 (the "Conduit Election Year"). To satisfy the requirements of Code Section 170(b)(1)(F)(ii), a private non-operating foundation must: (A) by the end of the Conduit Election Year, distribute any undistributed income from the year immediately preceding the Conduit Election Year; (B) distribute, in the absence of an election under Code Section 4942(h)(2), any undistributed income from the Conduit Election Year by the end of the Conduit Election Year; and (C) make qualifying distributions treated as distributions out of corpus by no later than the 15th day of the third month of the taxable year following the Conduit Election Year in an amount equal to 100 percent of the value of the contributions received by such foundation in the Conduit Election Year. A. Satisfaction of Minimum Distribution Requirement for the Conduit Election Year. As reported on Part XII, Line 2, column (c), the undistributed income for the year immediately preceding the Conduit Election Year is $0. In other words, the Foundation had no undistributed income for 2021. B. Timely Satisfaction of Minimum Distribution Requirement for the Taxable Year following the Conduit Election Year. As reported on Part XII, Line 6f, column (d), the undistributed income for the Conduit Election Year is $0. In other words, the Foundation had no undistributed income for 2021. C. Sufficient Timely Qualified Distributions Made Out of Corpus. To satisfy the requirements of Internal Revenue Code Section 170(b)(1)(F)(ii), the Foundation had until March 15, 2022, the 15th day of the third month of the taxable year following the Conduit Election Year, to make distributions out of corpus in an amount equal to 100 percent of the contributions received by it in the Conduit Election Year, $1,612,457. 1. As reported on Part XII, Line 4, the Foundation made 2021 qualifying distributions of $1,594,033, of which $5,444 was applied to the 2021 distributable amount, as reflected on Part XII, Line 4d, column (d), leaving a remainder of $1,588,589, distributed out of corpus (the "Remaining 2021 Corpus Distribution"), as reflected on Part XII, Line 4e, column (a) ($1,594,033 - $5,444). 2. As reported on Part XII, Line 7, the Foundation is treating $1,588,589 ($1,588,589, the entire amount of the Remaining 2021 Corpus Distribution) as a current distribution out of corpus in partial satisfaction of the requirements of Code Section 170(b)(1)(F)(ii) in respect of the Conduit Election Year. This left a balance of $23,868 to be distributed by March 15, 2022 ($1,612,457 - $1,588,589). 3. This statement hereby confirms that the Foundation in fact made timely qualifying distributions in the amount of $23,868 between January 1 and March 15, 2022, that will be treated as distributions out of corpus in connection with contributions it received in the Conduit Election Year. | MediumExplanationTxt |
Liquidation Explanation Stmt LiquidationExplanationStmt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | As explained below, the Foundation has no plans for dissolution. This statement is submitted to report the distribution of certain assets during the year. The distributions resulted in a substantial contraction of assets. The following information is submitted in accordance with Treasury Regulation Section 1.6043-3(a)(1) and the Form 990-PF instructions: Typically, a finding of a substantial contraction of assets is made by reference to the fair market value of a foundation's net assets on the first day of its calendar year. However, the taxable year ending December 31, 2021 was the year in which the Foundation received its initial endowment and the finding of a substantial contraction in this case was made by reference to the fair market value of the Foundation's assets on the date that it received its initial endowment. Accordingly, the degree of contraction of the Foundation's net assets may have been exaggerated. During the taxable year ending December 31, 2021, the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled $1,585,500. This amount represents 25% or more of the Foundation's net assets of $10,000 (as measured by fair market value) on the day that the Foundation received its initial endowment in the Foundation's taxable year ending December 31, 2021. Although the Foundation technically experienced a substantial contraction, it will continue in existence and has no plans for dissolution. The Foundation made distributions of cash to the grantees listed in the attachment to Part XIV, Line 3a; each such grant was made solely for the charitable purpose specified therein. | ExplanationTxt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| Administrative Fees | $2,909 | $2,909 |
| Administrative Set-Up Fee | $4,400 | $4,400 |
| Delaware Incorporation Fees | $500 | $500 |
| IRS Application Fees | $600 | $600 |
| Postage/Delivery Service | $124 | $124 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Investment Management Services | CategoryTxt |
| Amt | $1,933 | Amt |
| Net Investment Income | $1,933 | NetInvestmentIncomeAmt |
Substantial Contributors Sch SubstantialContributorsSch
Substantial Contributor Detail SubstantialContributorDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SPITZER FAMILY TRUST | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1238 Martin Luther King Jr Way | AddressLine1Txt |
| City | Berkeley | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94709 | ZIPCd |