THE TALBOTT FAMILY FOUNDATION: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- THE TALBOTT FAMILY FOUNDATION (EIN 77-0389983)
- Tax period
- 2020-12-01 to 2021-11-30
- Filed
- 2022-10-15
- IRS object ID
- 202202889349100705
- Schema version
- 2020v4.1
- 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
- Accounting Fees Schedule
- Depreciation Schedule
- Expenditure Responsibility Stmt
- Investments Corp Stock Schedule
- Land Etc Schedule2
- Legal Fees Schedule
- Loans From Officers Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-10-15T11:16:36-05:00 | ReturnTs |
| Tax Period End | 2021-11-30 | 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 ROAD SUITE 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 | 2020-12-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 770389983 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Talbott Family Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % Foundation Source | InCareOfNm |
| Business Name Control | TALB | 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 | VIVIENNE TALBOTT | PersonNm |
| Person Title | SECRETARY | PersonTitleTxt |
| Phone | 8008391754 | PhoneNum |
| Signature | 2022-10-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | VIVIENNE | PersonFirstNm |
| Person Last | TALBOTT | 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 | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $8,720,671 | 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 | $11,300 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $102 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $102 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $106,017 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $106,017 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $89,758 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $746,812 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $101,058 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $26,118 | OtherIncomeRevAndExpnssAmt |
| Other Income Adj Net Incm | $26,118 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $233,295 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $207,177 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $26,118 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Legal Fees Rev And Expnss | $951 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $951 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $41,776 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $41,776 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $73,267 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $40,185 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $33,082 | OtherProfFeesDsbrsChrtblAmt |
| Interest Rev And Expnss | $27,490 | InterestRevAndExpnssAmt |
| Interest Adj Net Incm | $27,490 | InterestAdjNetIncmAmt |
| Taxes Rev And Expnss | $48,826 | TaxesRevAndExpnssAmt |
| Taxes Dsbrs Chrtbl | $817 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $32,729 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Adj Net Incm | $0 | DeprecAndDpltnAdjNetIncmAmt |
| Occupancy Rev And Expnss | $42,386 | OccupancyRevAndExpnssAmt |
| Occupancy Dsbrs Chrtbl | $42,386 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $47 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $47 | TravConfMeetingDsbrsChrtblAmt |
| Printing And Pub Rev And Expnss | $329 | PrintingAndPubRevAndExpnssAmt |
| Printing And Pub Dsbrs Chrtbl | $329 | PrintingAndPubDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $83,109 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $1,171 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $81,938 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $350,910 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $41,356 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $27,490 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $201,326 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $40,600 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $40,600 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $391,510 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $41,356 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $27,490 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $241,926 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$158,215 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $165,821 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $588,957 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $181,869 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $181,869 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $2,445,848 | CorporateStockBOYAmt |
| Corporate Stock EOY | $2,958,245 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $4,693,917 | CorporateStockEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $1,650,775 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $171,815 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $1,511,689 | LandBOYAmt |
| Land EOY | $1,478,960 | LandEOYAmt |
| Land EOYFMV | $2,118,590 | LandEOYFMVAmt |
| Other Assets BOY | $1,729,311 | OtherAssetsBOYAmt |
| Other Assets EOY | $1,720,811 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $1,726,295 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $6,275,805 | TotalAssetsBOYAmt |
| Total Assets EOY | $6,339,885 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $8,720,671 | TotalAssetsEOYFMVAmt |
| Loans From Officers EOY | $5,580 | LoansFromOfficersEOYAmt |
| Other Liabilities EOY | $1,373,194 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,378,774 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $5,119,326 | RetainedEarningBOYAmt |
| Retained Earning EOY | $4,961,111 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $5,119,326 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $4,961,111 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $5,119,326 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $6,339,885 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $5,119,326 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$158,215 | ExcessRevenueOverExpensesAmt |
| Subtotal | $4,961,111 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $4,961,111 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (4 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt |
|---|---|---|---|---|---|---|---|
| Publicly-traded Securities | $724,512 | $628,624 | $95,888 | $95,888 | |||
| 1971 YAMAHA DT250 | $4,800 | $480 | $4,320 | $4,320 | D | 2020-12-01 | 2021-01-25 |
| 1972 MOTO GUZZI ELDORADO | $6,500 | $650 | $5,850 | $5,850 | D | 2020-12-01 | 2021-01-25 |
| 1972 BMW R75 | $11,000 | $16,000 | -$5,000 | -$5,000 | D | 2018-07-23 | 2021-09-30 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $101,058 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $2,305 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $2,305 | SubtotalAmt |
| Tax Based On Investment Income | $2,305 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $1,400 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $500 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $1,900 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $1 | EsPenaltyAmt |
| Tax Due | $406 | TaxDueAmt |
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 | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | CA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | 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 | Yes (true) | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | Yes (true) | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| 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 |
|---|---|---|---|---|---|---|---|---|
| Robert S Talbott | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Pres, Chair | 20.0 | $0 | $0 | $0 |
| Vivienne Talbott | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Sec, Treas | 10.0 | $0 | $0 | $0 |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | MOTORCYCLE MUSEUM - THE FOUNDATION OPERATES A MOTORCYCLE MUSEUM FOR PUBLIC ENJOYMENT. | Description1Txt |
| Expenses1 | $117,062 | Expenses1Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $4,184,196 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $404,886 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $4,589,082 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $4,589,082 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $68,836 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $4,520,246 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $226,012 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $226,012 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $2,305 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $2,305 | TotalTaxAmt |
| Distributable Before Adj | $223,707 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $223,707 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $223,707 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $241,926 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $7,500 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $249,426 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $249,426 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $223,707 | DistributableAsAdjustedAmt |
| Prior Year1 | 2018 | PriorYear1Yr |
| Prior Year2 | 2017 | PriorYear2Yr |
| Prior Year3 | 2016 | PriorYear3Yr |
| Excess Distribution Cyov Yr5 | $269,142 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $128,878 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $93,438 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $180,665 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $57,762 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $729,885 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $249,426 | QualifyingDistributionsAmt |
| Applied To Current Year | $223,707 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $25,719 | RemainingDistriFromCorpusAmt |
| Total Corpus | $755,604 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $269,142 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $486,462 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $128,878 | ExcessFromYear4Amt |
| Excess From Year3 | $93,438 | ExcessFromYear3Amt |
| Excess From Year2 | $180,665 | ExcessFromYear2Amt |
| Excess From Year1 | $57,762 | ExcessFromYear1Amt |
| Excess From Current Year | $25,719 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | Robert S Talbott | ContributingManagerNm |
| Shareholder Manager | NONE | ShareholderManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (7 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| CARMEL VALLEY VILLAGE IMPROVEMENT COMMITTEE | |||||||
| PO BOX 2001 | CARMEL VALLEY | CA | 93924 | N/A | PC | General & Unrestricted | $500 |
| FOOD BANK FOR MONTEREY COUNTY | |||||||
| 353 W ROSSI ST | SALINAS | CA | 93907 | N/A | PC | General & Unrestricted | $2,500 |
| MAXS HELPING PAWS FOUNDATION | |||||||
| 26388 CARMEL RANCHO LN | CARMEL BY THE SEA | CA | 93923 | N/A | PC | General & Unrestricted | $5,000 |
| MEALS ON WHEELS OF THE MONTEREY PENINSULA INC | |||||||
| 700 JEWELL AVE | PACIFIC GROVE | CA | 93950 | N/A | PC | General & Unrestricted | $6,100 |
| ROADRACING WORLD ACTION FUND INC | |||||||
| 581 BIRCH ST STE C | LAKE ELSINORE | CA | 92530 | N/A | PC | General & Unrestricted | $20,000 |
| SABU SHAKE SR MEMORIAL FOUNDATION | |||||||
| 39 FISHERMANS WHARF | MONTEREY | CA | 93940 | N/A | PC | 14th Annual Black Tie Gala Support | $5,500 |
| SALVATION ARMY | |||||||
| 455 E SPRING ST | LONG BEACH | CA | 90806 | N/A | PC | General & Unrestricted | $1,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $40,600 | 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 | $102 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $106,017 | 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 Incm Part VII | OtherInvestmentIncmPartVIIGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $89,758 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MUSEUM ADMISSION FEES | Desc |
| Related Or Exempt Function Incm | $26,118 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $195,877 | ExclusionAmt |
| Related Or Exempt Function Incm | $26,118 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $221,995 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Line Number | 11 | LineNumberTxt |
| Relationship Statement | ADMISSION FEES ARE RECEIVED IN CONNECTION WITH THE FOUNDATION'S DIRECT CHARITABLE ACTIVITY DESCRIBED IN PART IX-A. | RelationshipStatementTxt |
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 | Talbott Robert S | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 223137 | AddressLine1Txt |
| City | Carmel | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 93922 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $11,300 | TotalContributionsAmt |
| Noncash Contribution | Yes (X) | NoncashContributionInd |
Non Cash Property Contribution NonCashPropertyContributionGrp (2 entries)
| ContributorContributorNum | Noncash PropertyNoncashPropertyDesc | Fair Market ValueFairMarketValueAmt | ReceivedReceivedDt |
|---|---|---|---|
| 1 | 1971 YAMAHA DT250 | $4,800 | 2020-12-01 |
| 1 | 1972 MOTO GUZZI ELDORADO | $6,500 | 2020-12-01 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ADMINISTRATIVE & ACCOUNTING | CategoryTxt |
| Amt | $41,776 | Amt |
| Disbursements Charitable Prps | $41,776 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (6 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Prior Year DepreciationPriorYearDepreciationAmt | Computation MethodComputationMethodTxt | LifeLifeRt | Current Year ExpenseCurrentYearExpenseAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|---|---|---|---|
| BLDG ALARM SYSTEM | 2016-08-25 | $10,718 | $6,889 | SL | 7 | $1,531 | $0 |
| BUILDING - 4 EAST | 2016-08-25 | $1,050,801 | $114,171 | SL | 39 | $26,603 | $0 |
| BLDG IMPROVEMENTS | 2016-08-25 | $129,737 | $14,094 | SL | 39 | $3,284 | $0 |
| EQUIP - BEAD BLAST | 2019-05-28 | $4,589 | $984 | SL | 7 | $656 | $0 |
| LAND - 4 EAST CARM | 2016-08-25 | $450,343 | L | $0 | |||
| CARPET | 2016-08-25 | $4,587 | $2,948 | SL | 7 | $655 | $0 |
Expenditure Responsibility Stmt ExpenditureResponsibilityStmt
Expenditure Responsibility ExpenditureResponsibilityGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THIS CLUB SAVES LIVES | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 418 GARDEN AVE | AddressLine1Txt |
| City | MONTEREY | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 93940 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant | 2020-05-08 | GrantDt |
| Grant | $5,000 | GrantAmt |
| Purpose Of Grant | GENERAL OPERATING SUPPORT | PurposeOfGrantTxt |
| Expended By Grantee | $5,000 | ExpendedByGranteeAmt |
| Any Diversion By Grantee | NO | AnyDiversionByGranteeTxt |
| Dates Of Reports By Grantee | 9/9/2020 | DatesOfReportsByGranteeTxt |
| Results Of Verification | NONE NECESSARY | ResultsOfVerificationTxt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (51 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| AGNC INVESTMENT CORP CUML 6.87 | $12,500 | $12,675 |
| AMAZON COM | $49,676 | $70,141 |
| AMERICAN FINANCIAL GROUP 5.625 | $25,000 | $28,380 |
| ANGEL OAK MORTGAGE INC | $96,800 | $83,322 |
| ANGEL OAK ULTRASHORT INCOME FU | $50,306 | $50,107 |
| ANNALY CAPITAL MANAGEMENT INC | $25,000 | $25,010 |
| APOLLO GLOBAL MGMT LLC PFD SER | $17,094 | $23,893 |
| APPLE INC | $31,933 | $66,120 |
| ARTISAN HIGH INCOME FUND CLASS | $283,021 | $292,587 |
| ASSOC BANC CORP WISC 5.625% PF | $25,000 | $26,650 |
| ATHENE HLDG DS LTD PFD SER A | $25,000 | $28,490 |
| ATHENE HLDG LTD 5.625% PFD SER | $25,000 | $26,400 |
| ATLAS CORP PFD SER I | $25,000 | $26,500 |
| BANC OF CALIFORNIA INC PFD E 7 | $25,000 | $25,385 |
| BANK OF AMERICA CORP PREFERRED | $50,000 | $49,500 |
| BANK OZK SER A PFD | $25,000 | $24,490 |
| BRAMSHILL INCOME PERFORMANCE F | $278,828 | $276,422 |
| BRIGHTHOUSE FINL INC | $25,000 | $24,990 |
| BROADCOM INC | $33,629 | $73,086 |
| CAPITAL ONE FINL DRC PFD SER L | $37,500 | $36,690 |
| CHIMERA INVESTMENT CORP PFD SE | $25,000 | $25,430 |
| COWEN INC | $25,000 | $26,500 |
| DTE ENERGY CO CAL DEB 81 PFD - | $25,000 | $25,290 |
| DTE ENERGY CO COM | $29,812 | $34,127 |
| EATON VANCE ATLANTA CAPITAL SM | $150,864 | $371,606 |
| ELLINGTON FINL INC 6.750% PFD | $12,500 | $12,810 |
| FIRST REP BANK 4.500% PREFERRE | $25,000 | $24,660 |
| GASLOG PARTNERS LP CUML 8.625% | $25,000 | $26,500 |
| HUDSON PAC PPTYS INC COM CUML | $25,000 | $25,160 |
| JPMORGAN CHASE & CO 4.550% PFD | $25,000 | $25,540 |
| JPMORGAN CHASE AND CO PFD SER | $25,000 | $24,770 |
| MERCHANTS BANCORP IND 6.000% P | $25,000 | $26,130 |
| MERCHANTS BANCORP IND 6.000% P | $37,500 | $39,975 |
| METLIFE INC PFD SER F | $12,500 | $12,795 |
| MICROSOFT CORP | $32,044 | $70,746 |
| NEW RESIDENTIAL INVT CORP 7.50 | $12,500 | $12,725 |
| PIMCO INCOME FUND P CLASS | $355,226 | $357,133 |
| PROSPECT CAPITAL CORP 5.35% PR | $25,000 | $21,530 |
| PROSPECT CAPITAL CORP 6.875% D | $25,000 | $25,460 |
| RAYTHEON TECHNOLOGIES CORP | $33,243 | $46,448 |
| REGIONS FINANCIAL CORP | $17,908 | $37,970 |
| SPDR S&P 500 ETF TRUST | $106,736 | $335,748 |
| TECHNOLOGY SPDR | $167,335 | $677,241 |
| TEXAS CAPITAL BANCSHARES 5.750 | $25,000 | $25,860 |
| TRITON INTERNATIONAL LTD | $25,000 | $27,200 |
| TRITON INTL LTD PFD SER D | $12,500 | $13,360 |
| US CELLULAR CORP 5.500% PFD DU | $25,000 | $25,480 |
| US CELLULAR CORP 6.250% PFD DU | $25,000 | $26,610 |
| VANGUARD GROWTH ETF | $156,494 | $488,083 |
| VANGUARD HIGH DIV YIELD | $227,805 | $440,457 |
| VANGUARD INFORMATION TECHNOLOG | $51,991 | $89,735 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (6 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|---|
| BLDG ALARM SYSTEM | $10,718 | $8,420 | $2,298 | $2,298 |
| BUILDING - 4 EAST | $1,050,801 | $140,774 | $910,027 | $1,400,000 |
| BLDG IMPROVEMENTS | $129,737 | $17,378 | $112,359 | $112,359 |
| EQUIP - BEAD BLAST | $4,589 | $1,640 | $2,949 | $2,949 |
| LAND - 4 EAST CARM | $450,343 | $450,343 | $600,000 | |
| CARPET | $4,587 | $3,603 | $984 | $984 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | General Consultations | CategoryTxt |
| Legal Fees | $951 | LegalFeesAmt |
| Disbursements Charitable Prps | $951 | DisbursementsCharitablePrpsAmt |
Loans From Officers Schedule LoansFromOfficersSchedule
Loans From Officer LoansFromOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Lender Person | ROBERT S TALBOTT | LenderPersonNm |
| Loan Original | $5,580 | LoanOriginalAmt |
| Balance Due | $5,580 | BalanceDueAmt |
| Note | 2021-01 | NoteDt |
| Loan Maturity | 2022-11 | LoanMaturityDt |
| Repayment Terms | UPON REQUEST | RepaymentTermsTxt |
| Interest | 0. | InterestRt |
| Security Provided Borrower | NONE | SecurityProvidedBorrowerTxt |
| Loan Purpose | ERRONEOUS DEPOSIT IN FOUNDATION'S ACCOUNT | LoanPurposeTxt |
| Lender Consideration | CASH OF $5,580 | LenderConsiderationDesc |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (100 entries)
| DescDesc | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| MOTORCYCLE - 1914 INDIAN BOAR | $40,725 | $40,725 |
| MOTORCYCLE - 1922 HARLEY DAVI | $55,000 | $55,000 |
| MOTORCYCLE - 1929 SCOTT FLYIN | $15,000 | $15,000 |
| MOTORCYCLE - 1931 HARLEY DAVI | $112,337 | $115,000 |
| MOTORCYCLE - 1935 MOTO GUZZI | $12,000 | $12,000 |
| MOTORCYCLE - 1942 HARLEY-DAVI | $37,400 | $37,400 |
| MOTORCYCLE - 1945 CZ 125 - VI | $10,300 | $10,300 |
| MOTORCYCLE - 1949 TRIUMPH BOB | $35,000 | $35,000 |
| MOTORCYCLE - 1950 DUCATI 60 S | $10,500 | $10,500 |
| MOTORCYCLE - 1951 MV AGUSTA 1 | $21,000 | $20,000 |
| MOTORCYCLE - 1952 MOTO GUZZI | $8,000 | $8,000 |
| MOTORCYCLE - 1954 ADLER 250 R | $10,424 | $10,000 |
| MOTORCYCLE - 1956 DUCATI 125C | $58,000 | $50,000 |
| MOTORCYCLE - 1956 MV AGUSTA 1 | $15,000 | $15,000 |
| MOTORCYCLE - 1956 RUMI 125CC | $52,000 | $30,000 |
| MOTORCYCLE - 1956 VESPA 125CC | $2,850 | $6,000 |
| MOTORCYCLE - 1957 ISLO 175GS | $18,000 | $18,000 |
| MOTORCYCLE - 1957 MONDIAL 125 | $100,000 | $100,000 |
| MOTORCYCLE - 1957 NSU 250 SUP | $8,000 | $8,000 |
| MOTORCYCLE - 1958 HARLEY AERM | $30,000 | $30,000 |
| MOTORCYCLE - 1959 HONDA SUPER | $4,000 | $4,000 |
| MOTORCYCLE - 1960 MOTO GUZZI | $6,000 | $15,000 |
| MOTORCYCLE - 1961 MOTO MORINI | $30,000 | $30,000 |
| MOTORCYCLE - 1965 BMW R69S (R | $25,000 | $25,000 |
| MOTORCYCLE - 1965 TRIUMPH BON | $10,000 | $10,000 |
| MOTORCYCLE - 1966 BULTACO MET | $8,000 | $8,000 |
| MOTORCYCLE - 1968 HODAKA/STEE | $4,975 | $4,975 |
| MOTORCYCLE - 1969 TRIUMPH TIG | $11,000 | $11,000 |
| MOTORCYCLE - 1970 BULTACO PUR | $3,000 | $3,000 |
| MOTORCYCLE - 1970 PENTON WASS | $5,000 | $5,000 |
| MOTORCYCLE - 1970 YAMAHA 125C | $2,636 | $4,500 |
| MOTORCYCLE - 1974 CARABELLA 1 | $5,525 | $5,525 |
| MOTORCYCLE - 1974 HUSQVARNA C | $2,211 | $8,275 |
| MOTORCYCLE - 1975 BMW R90S OR | $11,500 | $20,000 |
| MOTORCYCLE - 1975 CHANG JIANG | $4,400 | $4,500 |
| MOTORCYCLE - 1976 BULTACO FRO | $5,000 | $5,000 |
| MOTORCYCLE - 1976 BULTACO PUR | $5,000 | $5,000 |
| MOTORCYCLE - 1977 MV AGUSTA 8 | $90,000 | $90,000 |
| MOTORCYCLE - 2001 VESPA ET2 C | $2,850 | $10,000 |
| MOTORCYCLE - 2006 MV AGUSTA F | $21,285 | $22,000 |
| MOTORCYCLE - 1966 MONTESA LAC | $500 | $500 |
| MOTORCYCLE - 1927 HARLEY DAVID | $30,885 | $30,885 |
| MOTORCYCLE - 1932 HUSQVARNA MO | $26,485 | $26,485 |
| MOTORCYCLE - 1934 ENGLISH COTT | $25,000 | $25,000 |
| MOTORCYCLE - 1934 KOEHLER-ESCO | $27,585 | $27,585 |
| MOTORCYCLE - 1938 RUDGE SPECIA | $25,000 | $25,000 |
| MOTORCYCLE - 1938 ZUNDAPP - VI | $19,900 | $19,900 |
| MOTORCYCLE - 1949 LAMBRETTA B1 | $7,500 | $7,500 |
| MOTORCYCLE - 1949 NORVIN (GREE | $51,785 | $51,785 |
| MOTORCYCLE - 1953 CAPRIOLO SPO | $22,000 | $15,000 |
| MOTORCYCLE - 1953 HUSQVARNA MO | $16,585 | $16,585 |
| MOTORCYCLE - 1954 BIANCHI TONA | $15,000 | $15,000 |
| MOTORCYCLE - 1954 MV AGUSTA DU | $12,000 | $12,000 |
| MOTORCYCLE - 1956 CAPRIOLO 75C | $17,000 | $17,000 |
| MOTORCYCLE - 1956 CM BOLOGNA F | $16,000 | $16,000 |
| MOTORCYCLE - 1956 GILERA SPORT | $6,000 | $6,000 |
| MOTORCYCLE - 1956 MOTO DEVIL F | $40,000 | $40,000 |
| MOTORCYCLE - 1956 MOTO PARILLA | $14,000 | $14,000 |
| MOTORCYCLE - 1956 MOTOBI CATRI | $14,000 | $14,000 |
| MOTORCYCLE - 1956 MV AGUSTA DI | $18,000 | $18,000 |
| MOTORCYCLE - 1956 MV AGUSTA SQ | $24,000 | $24,000 |
| MOTORCYCLE - 1956 TAURUS SUPER | $24,000 | $24,000 |
| MOTORCYCLE - 1957 BSA GOLDSTAR | $30,000 | $30,000 |
| MOTORCYCLE - 1957 DUCATI CUCCI | $15,485 | $15,485 |
| MOTORCYCLE - 1957 MV AGUSTA GR | $10,000 | $10,000 |
| MOTORCYCLE - 1958 MAS 175CC - | $24,000 | $24,000 |
| MOTORCYCLE - 1958 MOTO GUZZI C | $6,000 | $6,000 |
| MOTORCYCLE - 1958 MV AGUSTA RA | $14,000 | $14,000 |
| MOTORCYCLE - 1959 MV AGUSTA RA | $10,000 | $15,000 |
| MOTORCYCLE - 1960 JAWA SPEEDWA | $5,000 | $5,000 |
| MOTORCYCLE - 1961 MV AGUSTA CH | $6,000 | $6,000 |
| MOTORCYCLE - 1962 DUCATI ELITE | $16,000 | $16,000 |
| MOTORCYCLE - 1962 MOTO GUZZI L | $8,000 | $8,000 |
| MOTORCYCLE - 1963 MOTO PARILLA | $15,500 | $15,500 |
| MOTORCYCLE - 1964 DOT SCRAMBLE | $4,000 | $4,000 |
| MOTORCYCLE - 1964 GARELLI 100 | $850 | $850 |
| MOTORCYCLE - 1965 ROYAL ENFIEL | $6,500 | $6,500 |
| MOTORCYCLE - 1966 BSA VICTOR R | $7,000 | $7,000 |
| MOTORCYCLE - 1966 HONDA 305 SC | $6,000 | $6,000 |
| MOTORCYCLE - 1966 MV AGUSTA CI | $3,500 | $3,500 |
| MOTORCYCLE - 1968 GREEVES MOTO | $5,500 | $5,500 |
| MOTORCYCLE - 1969 DUCATI SCRAM | $12,000 | $12,000 |
| MOTORCYCLE - 1969 HARLEY AERMA | $6,000 | $6,000 |
| MOTORCYCLE - 1969 KAWASAKI MAC | $23,000 | $23,000 |
| MOTORCYCLE - 1970 HARLEY DAVID | $35,000 | $35,000 |
| MOTORCYCLE - 1971 BSA GOLDSTAR | $5,798 | $5,500 |
| MOTORCYCLE - 1971 INDIAN MINI | $6,600 | $6,600 |
| MOTORCYCLE - 1972 MV AGUSTA GT | $12,000 | $12,000 |
| MOTORCYCLE - 1973 BULTACO SHER | $5,500 | $5,500 |
| MOTORCYCLE - 1973 MV AGUSTA MI | $7,500 | $7,500 |
| MOTORCYCLE - 1973 MV AGUSTA MI | $5,000 | $5,000 |
| MOTORCYCLE - 1974 HODAKA SUPER | $4,650 | $4,650 |
| MOTORCYCLE - 1976 YAMAHA GT80 | $3,300 | $3,300 |
| MOTORCYCLE - 1978 YAMAHA TZ350 | $5,500 | $5,500 |
| MOTORCYCLE - 1981 BMW R 80GS - | $5,500 | $5,500 |
| MOTORCYCLE - 1997 DUCATI 916 - | $9,000 | $9,000 |
| MOTORCYCLE - 2005 THRUXTON (YE | $5,585 | $5,585 |
| MUSEUM (ANTIQUE CUSTOMIZED) DO | $10,000 | $10,000 |
| MUSEUM POSTER (FRAMED) - WELCO | $3,000 | $3,000 |
| TOY - LIL PETRO MICROMINI BIKE | $400 | $400 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (10 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| Administrative Fees | $39,024 | $39,024 | |
| Bank Charges | $1,171 | $1,171 | |
| Indemnification Insurance | $616 | $616 | |
| INSURANCE PREMIUMS - DCA | $23,272 | $23,272 | |
| MUSEUM SUPPLIES - DCA | $967 | $967 | |
| Office Supplies | $4,187 | $4,187 | |
| Postage/Delivery Service | $911 | $911 | |
| State or Local Filing Fees | $336 | $336 | |
| Website Hosting/Support | $216 | $216 | |
| LOAN BREAKAGE FEE | $12,409 | $12,409 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Museum Admission Fees | Desc |
| Revenue And Expenses Per Books | $26,118 | RevenueAndExpensesPerBooksAmt |
| Adjusted Net Income | $26,118 | AdjustedNetIncomeAmt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | LINE OF CREDIT | Desc |
| EOY Book Value | $1,373,194 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (7 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Investment Management Services | $38,085 | $38,085 | |
| DOCENT SERVICES - DCA | $29,470 | $29,470 | |
| MARKETING - DCA | $1,439 | $1,439 | |
| RESTORATION - DCA | $1,537 | $1,537 | |
| WEBSITE DEVELOPMENT - DCA | $298 | $298 | |
| SALES COMMISSIONS | $2,100 | $2,100 | |
| INFORMATION TECHNOLOGY SVCS | $338 | $338 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| 4720 Tax for 2020 | $406 | |
| 990-PF Estimated Tax for 2021 | $1,400 | |
| IRS Miscellaneous Fee Expense | $46,203 | |
| Property Taxes | $817 | $817 |