THE UNIVERSITY FINANCING FOUNDATION INC: Form 990PF, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- THE UNIVERSITY FINANCING FOUNDATION INC (EIN 58-1505902)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-11-15
- IRS object ID
- 202233199349103338
- 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
- Accounting Fees Schedule
- Expenditure Responsibility Stmt
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Land Schedule2
- Investments Other Schedule2
- Land Etc Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-11-15T11:27:13-06:00 | ReturnTs |
| Tax Period End | 2021-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 861065772 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DELOITTE TAX LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1015 SECOND AVENUE SUITE 500 | AddressLine1Txt |
| City | SEATTLE | CityNm |
| State Abbreviation | WA | StateAbbreviationCd |
| ZIP | 98104 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2021-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 581505902 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE UNIVERSITY FINANCING FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | UNIV | BusinessNameControlTxt |
| Phone | 4042149440 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1800 PARKWAY PL 230 | AddressLine1Txt |
| City | MARIETTA | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30067 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | KEVIN T BYRNE | PersonNm |
| Person Title | CEO | PersonTitleTxt |
| Phone | 4042149440 | PhoneNum |
| Signature | 2022-11-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | KEVIN | PersonFirstNm |
| Person Last | BYRNE | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JANE M SEARING | PreparerPersonNm |
| PTIN | P00000565 | PTIN |
| Phone | 2067167000 | PhoneNum |
| Preparation | 2022-11-15 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| 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) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $745,997,091 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $527 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $66,198 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $73,198 | InterestOnSavingsAdjNetIncmAmt |
| Dividends Rev And Expnss | $1,814,733 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $1,845,254 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $1,845,254 | DividendsAdjNetIncmAmt |
| Gross Rents Rev And Expnss | $16,475,046 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $16,475,046 | GrossRentsNetInvstIncmAmt |
| Gross Rents Adj Net Incm | $16,475,046 | GrossRentsAdjNetIncmAmt |
| Net Rental Income Or Loss | -$1,059,550 | NetRentalIncomeOrLossAmt |
| Net Gain Sale Ast Rev And Expnss | $6,634,107 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $39,871,390 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $8,733,990 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $794,485 | NetSTCapitalGainAdjNetIncmAmt |
| Incm Modifications Adj Net Incm | $297,431 | IncmModificationsAdjNetIncmAmt |
| Other Income Rev And Expnss | $24,336,264 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $19,665,491 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $24,520,972 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $49,260,677 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $46,785,979 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $44,006,386 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $3,200,985 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $680,247 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $680,247 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $2,520,738 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $488,179 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $488,179 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Adj Net Incm | $488,179 | OthEmplSlrsWgsAdjNetIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $0 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $1,074,260 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $271,090 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Adj Net Incm | $271,090 | PensionEmplBnftAdjNetIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $803,170 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $650,572 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $495,173 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $580,886 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $69,686 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $277,038 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $137,242 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $138,519 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $138,519 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $4,723,710 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $4,009,933 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $4,308,130 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $415,580 | OtherProfFeesDsbrsChrtblAmt |
| Interest Rev And Expnss | $20,568,261 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $20,497,035 | InterestNetInvstIncmAmt |
| Interest Adj Net Incm | $20,639,487 | InterestAdjNetIncmAmt |
| Interest Dsbrs Chrtbl | $0 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $172,088 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $159,638 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $159,645 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $12,450 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $3,545,359 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $3,545,359 | DeprecAndDpltnNetInvstIncmAmt |
| Deprec And Dpltn Adj Net Incm | $3,545,359 | DeprecAndDpltnAdjNetIncmAmt |
| Occupancy Rev And Expnss | $5,755,748 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $5,488,322 | OccupancyNetInvstIncmAmt |
| Occupancy Adj Net Incm | $5,488,322 | OccupancyAdjNetIncmAmt |
| Occupancy Dsbrs Chrtbl | $267,426 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $103,092 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Adj Net Incm | $69,621 | TravConfMeetingAdjNetIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $33,471 | TravConfMeetingDsbrsChrtblAmt |
| Printing And Pub Rev And Expnss | $607 | PrintingAndPubRevAndExpnssAmt |
| Printing And Pub Net Invst Incm | $0 | PrintingAndPubNetInvstIncmAmt |
| Printing And Pub Adj Net Incm | $0 | PrintingAndPubAdjNetIncmAmt |
| Printing And Pub Dsbrs Chrtbl | $607 | PrintingAndPubDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $4,997,891 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $4,307,656 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $4,448,473 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $1,393,064 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $45,557,790 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $40,079,874 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $40,817,958 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $5,654,711 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $204,003 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $313,972 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $45,761,793 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $40,079,874 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $40,817,958 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $5,968,683 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $3,498,884 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $6,706,105 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $3,188,428 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $99,770,710 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $90,189,247 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $90,189,247 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $916,397 | AcctRcvblAmt |
| Acct Rcvbl BOY | $606,333 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $916,397 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $916,397 | AcctRcvblEOYFMVAmt |
| Prepaid Expenses BOY | $1,553,379 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $1,641,286 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $1,641,286 | PrepaidExpensesEOYFMVAmt |
| US Government Obligations BOY | $9,519,030 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $4,445,021 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $4,445,021 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $43,772,213 | CorporateStockBOYAmt |
| Corporate Stock EOY | $65,332,139 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $65,332,139 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $12,696,579 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $7,888,788 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $7,888,788 | CorporateBondsEOYFMVAmt |
| Invst Land Cost Or Other Basis | $3,702,123 | InvstLandCostOrOtherBasisAmt |
| Invst Land Accum Depreciation | $1,876,609 | InvstLandAccumDepreciationAmt |
| Land Bldg Investments BOY | $2,002,274 | LandBldgInvestmentsBOYAmt |
| Land Bldg Investments EOY | $1,825,514 | LandBldgInvestmentsEOYAmt |
| Land Bldg Investments EOYFMV | $1,825,514 | LandBldgInvestmentsEOYFMVAmt |
| Other Investments BOY | $17,750,123 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $53,932,654 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $53,932,654 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $354,739,688 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $64,372,468 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $293,631,017 | LandBOYAmt |
| Land EOY | $290,367,220 | LandEOYAmt |
| Land EOYFMV | $290,367,220 | LandEOYFMVAmt |
| Other Assets BOY | $239,929,982 | OtherAssetsBOYAmt |
| Other Assets EOY | $229,458,825 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $229,458,825 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $721,231,640 | TotalAssetsBOYAmt |
| Total Assets EOY | $745,997,091 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $745,997,091 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $15,036,100 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $10,677,477 | AccountsPayableEOYAmt |
| Grants Payable BOY | $386,800 | GrantsPayableBOYAmt |
| Grants Payable EOY | $251,800 | GrantsPayableEOYAmt |
| Deferred Revenue BOY | $14,867,471 | DeferredRevenueBOYAmt |
| Deferred Revenue EOY | $16,513,887 | DeferredRevenueEOYAmt |
| Other Liabilities BOY | $581,681,628 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $601,303,676 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $611,971,999 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $628,746,840 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $109,259,641 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $117,250,251 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $109,259,641 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $117,250,251 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $721,231,640 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $745,997,091 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $109,259,641 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $3,498,884 | ExcessRevenueOverExpensesAmt |
| Other Increases | $4,491,726 | OtherIncreasesAmt |
| Subtotal | $117,250,251 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $117,250,251 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (10 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | Cost Or Other BasisCostOrOtherBasisAmt |
|---|---|---|---|---|---|---|
| ST - EUCLIDEAN FUND I, L.P. | P | 2021-12-31 | $6,568 | $6,568 | $6,568 | |
| LT - EUCLIDEAN FUND I, L.P. | P | 2021-12-31 | $1,156,097 | $1,156,097 | $1,156,097 | |
| ST - CARLYLE DIRECT ALTERNATIVE OPPORTUNITIES | P | 2021-12-31 | $9,733 | $9,733 | $9,733 | |
| ST - AP ENERGY INFRASTRUCTURE FUND | P | 2021-12-31 | $16,220 | $16,220 | $16,220 | |
| LT - AP ENERGY INFRASTRUCTURE FUND | P | 2021-12-31 | -$1,991 | -$1,991 | $1,991 | |
| GAIN ON SALE-TYPE LEASES | P | 2021-12-31 | $3,229,376 | $3,229,376 | $3,229,376 | |
| REALIZED GAIN/LOSS ON SALE OF INVESTMENTS | P | 2021-12-31 | $3,396,674 | $0 | $0 | $3,396,674 |
| ST - PUBLICLY TRADED STOCK | 2021-12-31 | $2,829,995 | $761,964 | $761,964 | $2,068,031 | |
| LT - PUBLICLY TRADED STOCK | 2021-12-31 | $7,693,129 | $3,547,966 | $3,547,966 | $4,145,163 | |
| RETIREMENT OF DEBT | P | 2021-12-31 | $21,533,598 | $8,057 | $8,057 | $21,525,541 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $8,733,990 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $794,485 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exempt Operating Foundations | Yes (X) | ExemptOperatingFoundationsInd |
| Ruling Letter | 1989-05-09 | RulingLetterDt |
| Not Applicable | N/A | NotApplicableCd |
| Tax Based On Investment Income | $0 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $0 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $0 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Tax Due | $0 | TaxDueAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | GA | OrgReportOrRegisterStateCd |
| Org Report Or Register State | MA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | Yes (1) | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | Yes (1) | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | WWW.TUFF.ORG | WebsiteAddressTxt |
| Individual With Books | KEVIN T BYRNE | IndividualWithBooksNm |
| Phone | 4042149440 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1800 PARKWAY PLACE SUITE 230 | AddressLine1Txt |
| City | MARIETTA | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30067 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | Yes (1) | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (1) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | Yes (1) | BusinessHoldingsInd |
| Excess Business Holdings | Yes (1) | ExcessBusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | 0 | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | Yes (1) | MaintainedExpenditureRspnsInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | Yes (1) | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (10 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 |
|---|---|---|---|---|---|---|---|---|
| THOMAS H HALL III | ||||||||
| 75 FIFTH ST SUITE 1050 | ATLANTA | GA | 30308 | DIRECTOR, ASSISTANT SECRETARY | 5.50 | $81,748 | $42,400 | $0 |
| THOMAS H HALL III | ||||||||
| 75 FIFTH ST SUITE 1050 | ATLANTA | GA | 30308 | DIRECTOR, CONSULTANT | 5.50 | $169,800 | $0 | $0 |
| THOMAS W VENTULETT III | ||||||||
| 75 FIFTH ST SUITE 1050 | ATLANTA | GA | 30308 | DIRECTOR, SECRETARY | 5.50 | $80,700 | $42,642 | $0 |
| DAVID M MCKENNEY | ||||||||
| 75 FIFTH ST SUITE 1050 | ATLANTA | GA | 30308 | DIRECTOR, TREASURER, AND ASST. SEC. | 5.50 | $82,450 | $38,400 | $0 |
| AJ ROBINSON | ||||||||
| 75 FIFTH ST SUITE 1050 | ATLANTA | GA | 30308 | DIRECTOR | 5.50 | $79,500 | $47,400 | $0 |
| KEVIN T BYRNE | ||||||||
| 75 FIFTH ST SUITE 1050 | ATLANTA | GA | 30308 | PRES, CEO, COO, ASST TREAS, ASST SEC | 40.00 | $995,000 | $185,088 | $15,600 |
| LISA A BEALL | ||||||||
| 1800 PARKWAY PLACE SUITE 230 | MARIETTA | GA | 30067 | CONTROLLER, ASST TREAS | 40.00 | $222,500 | $85,087 | $0 |
| VICTOR R CLEMENTS | ||||||||
| 1800 PARKWAY PLACE SUITE 230 | MARIETTA | GA | 30067 | SENIOR VICE PRESIDENT - ADMINISTRATION | 40.00 | $395,000 | $103,820 | $9,600 |
| JORDAN PETERSON | ||||||||
| 75 FIFTH ST SUITE 1050 | ATLANTA | GA | 30308 | VICE PRESIDENT - REAL ESTATE | 40.00 | $320,000 | $107,820 | $0 |
| ANNE M TOMSKY | ||||||||
| 75 FIFTH ST SUITE 1050 | ATLANTA | GA | 30308 | ASSISTANT VICE PRESIDENT | 40.00 | $155,469 | $55,658 | $0 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee BenefitsEmployeeBenefitsAmt | Expense AccountExpenseAccountAmt |
|---|---|---|---|---|---|---|---|---|
| ZACH DAY | ||||||||
| 75 FIFTH ST SUITE 1050 | ATLANTA | GA | 30308 | DIRECTOR OF MARKETIN | 40.00 | $114,149 | $35,158 | $0 |
| TERRI KEMP | ||||||||
| 1800 PARKWAY PLACE SUITE 230 | MARIETTA | GA | 30067 | PROJECT ACCOUNTANT | 40.00 | $98,780 | $36,484 | $0 |
| SHERRY BILLINGS | ||||||||
| 1800 PARKWAY PLACE SUITE 230 | MARIETTA | GA | 30067 | OFFICE MGR & EXEC AS | 40.00 | $85,267 | $31,796 | $0 |
| CHRISTOPHER COMBS | ||||||||
| 75 FIFTH ST SUITE 1050 | ATLANTA | GA | 30308 | FINANCIAL ANALYST | 40.00 | $86,810 | $26,738 | $0 |
| KELLY BILLINGS | ||||||||
| 1800 PARKWAY PLACE SUITE 230 | MARIETTA | GA | 30067 | DIRECTOR OF COMMUNIC | 40.00 | $81,300 | $27,954 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Employee Paid Over50k | 3 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| ENNEAD ARCHITECTS LLP | |||||
| 1 WORLD TRADE CENTER 40TH FLOOR | NEW YORK | NY | 10007 | ARCHITECTURAL SERVICES | $1,281,895 |
| COLLABORATIVE REAL ESTATE LLC | |||||
| 75 FIFTH STREET NW SUITE 810 | ATLANTA | GA | 30308 | PROPERTY & ASSET MANAGEMENT | $1,124,849 |
| LEHRER CUMMING | |||||
| 900 THIRD AVENUE 6TH FLOOR | NEW YORK | NY | 10022 | PROPERTY DEVELOPMENT ADVISORY SERVICES | $469,557 |
| BLUE SKY PROPERTY MANAGEMENT LLC | |||||
| 130 EAST 59TH STREET 14TH FLOOR | NEW YORK | NY | 10022 | PROPERTY & ASSET MANAGEMENT | $445,487 |
| WINDHAM BRANNON PC | |||||
| 3630 PEACHTREE RD NE 600 | ATLANTA | GA | 30326 | AUDIT SERVICES | $227,973 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 18 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | THE FOUNDATION FINANCES AND ACQUIRES CHARITABLE AND EDUCATIONAL FACILITIES AND EQUIPMENT FOR THE BENEFIT OF TAX-EXEMPT SCHOOLS, COLLEGES, AND UNIVERSITIES AND OTHER TAX-EXEMPT EDUCATIONAL AND RESEARCH ORGANIZATIONS; AND, CONSISTENT WITH ITS EXEMPT CHARITABLE PURPOSES AND FUNCTIONS, THE FOUNDATION MAKES THE FACILITIES AND EQUIPMENT AVAILABLE TO SUCH TAX-EXEMPT ORGANIZATIONS AT RENTAL OR INTEREST RATES BELOW COST OF MARKET RATES FOR COMPARABLE FACILITIES. | Description1Txt |
| Expenses1 | $8,940,800 | Expenses1Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | THE FOUNDATION FINANCES AND INVESTS IN PARTNERSHIPS THAT ACQUIRE AND OPERATE FACILITIES TO SUPPORT INSTITUTIONS OF EDUCATION AND RESEARCH. THE PARTNERSHIPS PROVIDE FACILITIES AND OTHER RELATED SUPPORT AT BELOW THE COST OF MARKET. | Description1Txt |
| Expenses1 | $23,387,996 | Expenses1Amt |
| Total | $23,387,996 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $76,554,932 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $15,905,009 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $19,160,207 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $111,620,148 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $111,620,148 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $1,674,302 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $109,945,846 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $5,497,292 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sect4942j3j5 Fndtn And Frgn Org | Yes (X) | Sect4942j3j5FndtnAndFrgnOrgInd |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $5,968,683 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $23,387,996 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $97,661 | CharitableAssetsAcquisPaidAmt |
| Qualifying Distributions | $29,454,340 | QualifyingDistributionsAmt |
Private Operating Foundations PrivateOperatingFoundationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Fndtn Ruling | 1989-05-09 | PrivateOperatingFndtnRulingDt |
| Section4942j3 | Yes (X) | Section4942j3Ind |
Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $3,188,428 | CurrentYearAmt |
| Year1 | $3,666,622 | Year1Amt |
| Year2 | $3,947,305 | Year2Amt |
| Year3 | $3,984,683 | Year3Amt |
| Total | $14,787,038 | TotalAmt |
Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $2,710,164 | CurrentYearAmt |
| Year1 | $3,116,629 | Year1Amt |
| Year2 | $3,355,209 | Year2Amt |
| Year3 | $3,386,981 | Year3Amt |
| Total | $12,568,982 | TotalAmt |
Qualifying Distributions QualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $29,454,340 | CurrentYearAmt |
| Year1 | $67,796,469 | Year1Amt |
| Year2 | $44,378,235 | Year2Amt |
| Year3 | $255,709,853 | Year3Amt |
| Total | $397,338,897 | TotalAmt |
Qualifying Distri Not Used Drt QualifyingDistriNotUsedDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $313,972 | CurrentYearAmt |
| Year1 | $6,404,626 | Year1Amt |
| Year2 | $253,270 | Year2Amt |
| Year3 | $86,600 | Year3Amt |
| Total | $7,058,468 | TotalAmt |
Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $29,140,368 | CurrentYearAmt |
| Year1 | $61,391,843 | Year1Amt |
| Year2 | $44,124,965 | Year2Amt |
| Year3 | $255,623,253 | Year3Amt |
| Total | $390,280,429 | TotalAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total Assets Sect4942j3 Bi TotalAssetsSect4942j3BiGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $3,664,861 | CurrentYearAmt |
| Year1 | $3,078,841 | Year1Amt |
| Year2 | $2,631,537 | Year2Amt |
| Year3 | $2,656,455 | Year3Amt |
| Total | $12,031,694 | TotalAmt |
Total Support TotalSupportGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Public Support Type PublicSupportType
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Largest Support From EO LargestSupportFromEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Gross Investment Income GrossInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (41 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| A WORD FROM THE LORD INC | ||||||
| PO BOX 636 | MONROE | GA | 30655 | PC | GENERAL SUPPORT | $250 |
| AMERICAN ANGLICAN COUNCIL | ||||||
| PO BOX 2868 | LOGANVILLE | GA | 30052 | PC | GENERAL SUPPORT | $2,000 |
| ASSOCIATION OF UNIVERSITY RESEARCH PARKS | ||||||
| 6262 N SWAN ROAD SUITE 100 | TUCSON | AZ | 85718 | PC | SPONSORSHIP | $16,500 |
| BOY SCOUTS OF AMERICA COUNCIL - ATLANTA AREA COUNCIL BOY SCOUTS OF AMERICA | ||||||
| 1800 CIRCLE 75 PARKWAY SE | ATLANTA | GA | 30339 | PC | SPONSORSHIP | $2,500 |
| BREAKING GROUND HDFC | ||||||
| 505 8TH AVE 5TH FLOOR | NEW YORK | NY | 10018 | PC | GENERAL SUPPORT | $500 |
| CHEROKEE GARDEN LIBRARY | ||||||
| PO BOX 117478 | ATLANTA | GA | 303687478 | PC | GENERAL SUPPORT | $500 |
| CHILDRENS HEALTHCARE OF ATLANTA | ||||||
| 1575 NORTHEAST EXWY FL 5 | ATLANTA | GA | 30329 | PC | GENERAL SUPPORT | $1,500 |
| CLARK CREEK ELEMENTARY PTA | ||||||
| 3219 HUNT RD | ACWORTH | GA | 30102 | PC | GENERAL SUPPORT | $300 |
| CLAYTON STATE UNIVERSITY FOUNDATION INC | ||||||
| 2000 CLAYTON STATE BLVD | MORROW | GA | 30260 | PC | SPONSORSHIP | $2,500 |
| E412 MINISTRIES INC | ||||||
| 11 BREEZY PALM WAY | SAVANNAH | GA | 31406 | PC | GENERAL SUPPORT | $300 |
| FOOD FOR THE POOR | ||||||
| 6401 LYONS RD | COCONUT CREEK | FL | 33073 | PC | GENERAL SUPPORT | $250 |
| FRIENDS OF THE GEORGIA ARCHIVES AND HISTORY INC | ||||||
| P O BOX 711 | MORROW | GA | 302600711 | PC | GENERAL SUPPORT | $1,000 |
| GEORGIA ADVANCED TECHNOLOGY VENTURES INC | ||||||
| 221 UNCLE HEINIE WAY | ATLANTA | GA | 30332 | PC | GENERAL SUPPORT | $75,000 |
| GEORGIA TECH FOUNDATION INC | ||||||
| PO BOX 3963 | ATLANTA | GA | 30302 | PC | GENERAL SUPPORT | $60,000 |
| HIGHLANDS BIOLOGICAL FOUNDATION INC | ||||||
| PO BOX 580 | HIGHLANDS | NC | 28741 | PC | GENERAL SUPPORT | $500 |
| HIGHLANDS CASHIERS HEALTH FOUNDATION INC | ||||||
| PO BOX 742 | HIGHLANDS | NC | 28741 | PC | GENERAL SUPPORT | $250 |
| INTERNATIONAL BUSINESS INNOVATION ASSOCIATION INC | ||||||
| PO BOX 677279 | ORLANDO | FL | 32867 | PC | SPONSORSHIP | $17,000 |
| LIFE CHALLENGE OF WESTERN NORTH CAROLINA | ||||||
| PO BOX 2553 | CULLOWHEE | NC | 28723 | PC | GENERAL SUPPORT | $500 |
| MAKE-A-WISH | ||||||
| 1702 EAST HIGHLAND AVE | PHOENIX | AZ | 85016 | PC | GENERAL SUPPORT | $500 |
| MERCY CARE FOUNDATION INC | ||||||
| 424 DECATUR ST | ATLANTA | GA | 30312 | PC | GENERAL SUPPORT | $100 |
| NORTH CAROLINA COMMUNITY FOUNDATION INC | ||||||
| 3737 GLENWOOD AVE SUITE 460 | RALEIGH | NC | 27612 | PC | GENERAL SUPPORT | $2,000 |
| SHEPHERD CENTER FOUNDATION INC | ||||||
| 2020 PEACHTREE RD | ATLANTA | GA | 30309 | PC | GENERAL SUPPORT | $500 |
| SPELMAN COLLEGE | ||||||
| 350 SPELMAN LANE SW | ATLANTA | GA | 30314 | PC | GENERAL SUPPORT | $1,000 |
| ST CHRISTOPHER'S SCHOOL FOUNDATION | ||||||
| 711 ST CHRISTOPHERS RD | RICHMOND | VA | 23226 | PC | GENERAL SUPPORT | $500 |
| STATE SCIENCE AND TECH INSTITUTE | ||||||
| 5015 PINE CREEK DR | WESTERVILLE | OH | 43081 | PC | SPONSORSHIP | $5,000 |
| THE ALS ASSOCIATION OF GEORGIA | ||||||
| 5881 GLENRIDGE DR | ATLANTA | GA | 30328 | PC | GENERAL SUPPORT | $100 |
| CAMP OF COLORS INC | ||||||
| 106 PILGRIM VILLAGE DR SUITE 300 | CUMMING | GA | 30040 | PC | GENERAL SUPPORT | $500 |
| COMMUNITY FOUNDATION FOR GREATER ATLANTA INC | ||||||
| 50 HURT PLAZA SUITE 449 | ATLANTA | GA | 30303 | PC | GENERAL SUPPORT | $20,000 |
| THE HERITAGE FOUNDATION | ||||||
| 214 MASSACHUSETTS AVE NE | WASHINGTON | DC | 20002 | PC | GENERAL SUPPORT | $125 |
| THE HOPE CENTER | ||||||
| 295 MOLLY LANE SUITE 120 | WOODSTOCK | GA | 30189 | PC | GENERAL SUPPORT | $412 |
| THE METROPOLITAN MUSEUM OF ART | ||||||
| 1000 5TH AVE | NEW YORK | NY | 10028 | PC | GENERAL SUPPORT | $210 |
| THE ROTARY CLUB OF NORTH ATLANTA FOUNDATION INC | ||||||
| 100 EDGEWOOD AVE | ATLANTA | GA | 30303 | PC | GENERAL SUPPORT | $10 |
| THE SALVATION ARMY OF METRO ATLANTA | ||||||
| 1000 CENTER PLACE | NORCROSS | GA | 30093 | PC | GENERAL SUPPORT | $750 |
| URBAN LAND INSTITUTE | ||||||
| PO BOX 418168 | BOSTON | MA | 02241 | PC | SPONSORSHIP | $1,125 |
| UNIVERSITY ECONOMIC DEVELOPMENT ASSOCIATION INC | ||||||
| PO BOX 97930 | PITTSBURGH | PA | 15227 | PC | SPONSORSHIP | $2,000 |
| UNIVERSITY SYSTEM OF GA FOUNDATION INC | ||||||
| 394 SOUTH MILLEDGE AVE | ATHENS | GA | 30602 | PC | SPONSORSHIP | $75,000 |
| VIRGINIA EPISCOPAL SCHOOL | ||||||
| 400 VIRGINIA EPISCOPAL SCHOOL RD | LYNCHBURG | VA | 24503 | PC | GENERAL SUPPORT | $500 |
| WARM WHISPERS MINISTRIES INC | ||||||
| 810 JACKSON ST | LOCUST GROVE | GA | 30248 | PC | GENERAL SUPPORT | $250 |
| WHITEFIELD ACADEMY INC | ||||||
| ONE WHITEFIELD DR SE | MABLETON | GA | 30126 | PC | GENERAL SUPPORT | $10,000 |
| YOUNG LIFE ATLANTA PROJECT | ||||||
| 1874 PIEDMONT AVE NE 305C | ATLANTA | GA | 30324 | PC | GENERAL SUPPORT | $11,040 |
| YOUTH WITH A MISSION STRATEGIC FRONTIERS | ||||||
| 505 POPES BLUFF TRAIL | COLORADO SPRINGS | CO | 80907 | PC | GENERAL SUPPORT | $1,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $313,972 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp (18 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| A WORD FROM THE LORD INC | ||||||
| PO BOX 636 | MONROE | GA | 30655 | PC | GENERAL SUPPORT | $250 |
| AMERICAN ANGLICAN COUNCIL | ||||||
| PO BOX 2868 | LOGANVILLE | GA | 30052 | PC | GENERAL SUPPORT | $1,500 |
| ASSOCIATION OF UNIVERSITY RESEARCH PARKS | ||||||
| 6262 N SWAN ROAD SUITE 100 | TUCSON | AZ | 85718 | PC | SPONSORSHIP | $8,500 |
| CHEROKEE GARDEN LIBRARY | ||||||
| 130 WEST PACES FERRY ROAD NW | ATLANTA | GA | 30305 | PC | GENERAL SUPPORT | $500 |
| CHILDRENS HEALTHCARE OF ATLANTA | ||||||
| 1575 NORTHEAST EXWY FL 5 | ATLANTA | GA | 30329 | PC | GENERAL SUPPORT | $1,000 |
| FOOD FOR THE POOR | ||||||
| 6401 LYONS RD | COCONUT CREEK | FL | 33073 | PC | GENERAL SUPPORT | $500 |
| GEORGIA TECH FOUNDATION INC | ||||||
| 760 SPRING STREET NW SUITE 400 | ATLANTA | GA | 30308 | PC | GENERAL SUPPORT | $10,000 |
| HILLSDALE COLLEGE | ||||||
| 33 E COLLEGE ST | HILLSDALE | MI | 49242 | PC | GENERAL SUPPORT | $500 |
| METROPOLITAN ATLANTA CHAMBER OF COMMERCE INC | ||||||
| 235 ANDREW YOUNG INTERNATIONAL | ATLANTA | GA | 30303 | PC | SPONSORSHIP | $2,000 |
| PAGE ROBBINS ADULT DAY CENTER | ||||||
| 1961 SOUTH HOUSTON LEVEE RD | COLLIERVILLE | TN | 38017 | PC | GENERAL SUPPORT | $1,000 |
| SALEM MONTESSORI SCHOOL INCORPORATED | ||||||
| 529 SOUTH CHURCH ST | WINSTON SALEM | NC | 27101 | PC | GENERAL SUPPORT | $2,000 |
| SUMMIT SCHOOL INC | ||||||
| 2100 REYNOLDA RD | WINSTON SALEM | NC | 27106 | PC | GENERAL SUPPORT | $3,000 |
| THE GEORGE WASHINGTON UNIVERSITY | ||||||
| 1918 F STREET NW | WASHINGTON | DC | 20052 | PC | GENERAL SUPPORT | $1,000 |
| STEPHEN SILLER TUNNEL TO TOWERS FOUNDATION | ||||||
| 2361 HYLAN BOULEVARD | STATEN ISLAND | NY | 10306 | PC | GENERAL SUPPORT | $100 |
| VIRGINIA EPISCOPAL SCHOOL | ||||||
| 400 VIRGINIA EPISCOPAL SCHOOL RD | LYNCHBURG | VA | 24503 | PC | GENERAL SUPPORT | $250 |
| WARM WHISPERS MINISTRIES INC | ||||||
| 810 JACKSON ST | LOCUST GROVE | GA | 30248 | PC | GENERAL SUPPORT | $1,000 |
| WHITEFIELD ACADEMY INC | ||||||
| ONE WHITEFIELD DR SE | MABLETON | GA | 30126 | PC | GENERAL SUPPORT | $10,000 |
| YOUNG LIFE ATLANTA PROJECT | ||||||
| 1750 THE EXCHANGE SUITE 200 | ATLANTA | GA | 30339 | PC | GENERAL SUPPORT | $10,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $53,100 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Program Service Revenue Dtl ProgramServiceRevenueDtl (5 entries)
| DescDesc | Related Or Exempt Function IncmRelatedOrExemptFunctionIncmAmt |
|---|---|
| REAL ESTATE OPTION INCOME | $9,055,987 |
| ENERGY SERVICE REVENUE | $4,302,628 |
| INTEREST INCOME - PROGRAM RELATED | $10,757,781 |
| OTHER REVENUE | $8,483 |
| CONSULTING FEE REVENUE | $211,385 |
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $527 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,814,733 | ExclusionAmt |
Net Rntl Incm Re Debt Fincd Prop NetRntlIncmReDebtFincdPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 901101 | BusinessCd |
| Unrelated Business Taxbl Incm | $305,813 | UnrelatedBusinessTaxblIncmAmt |
| Related Or Exempt Function Incm | $16,169,233 | RelatedOrExemptFunctionIncmAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $6,634,107 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $305,813 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $8,449,367 | ExclusionAmt |
| Related Or Exempt Function Incm | $40,505,497 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $49,260,677 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp (4 entries)
| Line NumberLineNumberTxt | Relationship StatementRelationshipStatementTxt |
|---|---|
| 1A | THE FOUNDATION FINANCES AND ACQUIRES CHARITABLE AND EDUCATIONAL FACILITIES AND EQUIPMENT FOR THE BENEFIT OF TAX-EXEMPT SCHOOLS, COLLEGES, UNIVERSITIES AND OTHER TAX-EXEMPT EDUCATIONAL AND RESEARCH ORGANIZATIONS AND, CONSISTENT WITH ITS EXEMPT CHARITABLE PURPOSES AND FUNCTIONS, THE FOUNDATION MAKES THE FACILITIES AND EQUIPMENT AVAILABLE TO SUCH TAX-EXEMPT ORGANIZATIONS AT RENTAL OR INTEREST RATES BELOW COST OF MARKET RATES FOR COMPARABLE FACILITIES. |
| 1B | AT THE REQUEST OF TWO UNIVERSITIES, THE FOUNDATION RENOVATED A CENTRAL UTILITY PLANT LOCATED ON THE CAMPUS OF ONE OF THE UNIVERSITIES AND USES IT TO FURNISH STEAM, HOT WATER AND CHILLED WATER TO THOSE UNIVERSITIES AT BELOW COST OF MARKET RATES. |
| 1C | THE FOUNDATION FINANCES AND ACQUIRES CHARITABLE AND EDUCATIONAL FACILITIES AND EQUIPMENT FOR THE BENEFIT OF TAX-EXEMPT SCHOOLS, COLLEGES, UNIVERSITIES AND OTHER TAX-EXEMPT EDUCATIONAL AND RESEARCH ORGANIZATIONS AND, CONSISTENT WITH ITS EXEMPT CHARITABLE PURPOSES AND FUNCTIONS, THE FOUNDATION MAKES THE FACILITIES AND EQUIPMENT AVAILABLE TO SUCH TAX-EXEMPT ORGANIZATIONS AT RENTAL OR INTEREST RATES BELOW COST OF MARKET RATES FOR COMPARABLE FACILITIES. |
| 1D | OPTION AGREEMENT REVENUE FROM A CHARITABLE ORGANIZATION THAT GIVES THE CHARITABLE ORGANIZATION THE OPTION TO PURCHASE THE REAL ESTATE CURRENTLY IN DEVELOPMENT WITH THE FOUNDATION. |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $277,038 | Amt |
| Net Investment Income | $137,242 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $138,519 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $138,519 | DisbursementsCharitablePrpsAmt |
Expenditure Responsibility Stmt ExpenditureResponsibilityStmt
Expenditure Responsibility ExpenditureResponsibilityGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | GrantGrantDt | GrantGrantAmt | Purpose Of GrantPurposeOfGrantTxt | Expended By GranteeExpendedByGranteeAmt | Any Diversion By GranteeAnyDiversionByGranteeTxt | Dates Of Reports By GranteeDatesOfReportsByGranteeTxt | Results Of VerificationResultsOfVerificationTxt |
|---|---|---|---|---|---|---|---|---|---|---|
| 250 EAST PONCE OWNER LLC | ||||||||||
| 75 5TH STREET NW SUITE 1050 | ATLANTA | GA | 30308 | 2021-09-10 | $18,525,000 | INVESTING IN PARTNERSHIP THAT ACQUIRE AND OPERATE FACILITIES TO SUPPORT INSTITUTION OF EDUCATION AND RESEARCH. CURRENT EXISTING TENANTS WHICH DO NOT QUALIFY AS PROGRAM RELATED TENANTS WILL BE PHASED OUT AS LEASES END AND MANAGEMENT OF PARKING WILL BE TRANSITIONED TO A REAL PROPERTY MASTER LEASE. | $18,525,000 | TO THE KNOWLEDGE OF THE GRANTOR, NO FUNDS HAVE BEEN DIVERTED. | SEPTEMBER 2022 | TO THE KNOWLEDGE OF THE GRANTOR, NO FUNDS HAVE BEEN DIVERTED TO ANY ACTIVITY OTHER THAN THE ACTIVITY FOR WHICH THE PROGRAM-RELATED INVESTMENT WAS ORIGINALLY MADE. THE FOUNDATION HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE CONTROLLED PARTNERSHIP; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORT WAS MADE. |
| BRIDGESIDE POINT 1 LLC | ||||||||||
| 75 5TH STREET NW SUITE 1050 | ATLANTA | GA | 30308 | 2021-06-24 | $17,100,000 | INVESTING IN PARTNERSHIP THAT ACQUIRE AND OPERATE FACILITIES TO SUPPORT INSTITUTION OF EDUCATION AND RESEARCH. CURRENT EXISTING TENANTS WHICH DO NOT QUALIFY AS PROGRAM RELATED TENANTS WILL BE PHASED OUT AS LEASES END. | $17,100,000 | TO THE KNOWLEDGE OF THE GRANTOR, NO FUNDS HAVE BEEN DIVERTED. | SEPTEMBER 2022 | TO THE KNOWLEDGE OF THE GRANTOR, NO FUNDS HAVE BEEN DIVERTED TO ANY ACTIVITY OTHER THAN THE ACTIVITY FOR WHICH THE PROGRAM-RELATED INVESTMENT WAS ORIGINALLY MADE. THE FOUNDATION HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE CONTROLLED PARTNERSHIP; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORT WAS MADE. |
| BRIDGESIDE POINT 1 SPONSOR LLC | ||||||||||
| 75 5TH STREET NW SUITE 1050 | ATLANTA | GA | 30308 | 2021-06-24 | $951,900 | INVESTING IN PARTNERSHIP THAT ACQUIRE AND OPERATE FACILITIES TO SUPPORT INSTITUTION OF EDUCATION AND RESEARCH. CURRENT EXISTING TENANTS WHICH DO NOT QUALIFY AS PROGRAM RELATED TENANTS WILL BE PHASED OUT AS LEASES END. | $951,900 | TO THE KNOWLEDGE OF THE GRANTOR, NO FUNDS HAVE BEEN DIVERTED. | SEPTEMBER 2022 | TO THE KNOWLEDGE OF THE GRANTOR, NO FUNDS HAVE BEEN DIVERTED TO ANY ACTIVITY OTHER THAN THE ACTIVITY FOR WHICH THE PROGRAM-RELATED INVESTMENT WAS ORIGINALLY MADE. THE FOUNDATION HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE CONTROLLED PARTNERSHIP; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORT WAS MADE. |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | INVESTMENTS - BONDS | BondNm |
| EOY Book Value | $7,888,788 | EOYBookValueAmt |
| EOYFMV | $7,888,788 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | INVESTMENTS - STOCKS | StockNm |
| EOY Book Value | $65,332,139 | EOYBookValueAmt |
| EOYFMV | $65,332,139 | EOYFMVAmt |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $4,445,021 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $4,445,021 | USGovtObligationsEOYFMVAmt |
| State Local Sec Book Vl EOY | $0 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $0 | StateLocalSecEOYFMVAmt |
Investments Land Schedule2 InvestmentsLandSchedule2
Investment Land InvestmentLandGrp (8 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|---|
| AGSERV - BUILDINGS | $1,957,467 | $964,956 | $992,511 | $992,511 |
| AGSERV - BUILDING IMPROVEMENTS | $116,349 | $85,866 | $30,483 | $30,483 |
| AGSERV - EQUIPMENT | $101,282 | $52,960 | $48,322 | $48,322 |
| AGSERV - FURNITURE AND FIXTURES | $22,770 | $21,915 | $855 | $855 |
| ADTC - BUILDING IMPROVEMENTS | $521,531 | $173,858 | $347,673 | $347,673 |
| YAMACRAW - BUILDING IMPROVEMENTS | $556,898 | $208,058 | $348,840 | $348,840 |
| YAMACRAW - EQUIPMENT | $327,298 | $290,174 | $37,124 | $37,124 |
| YAMACRAW - FURNITURE AND FIXTURES | $98,528 | $78,822 | $19,706 | $19,706 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | INVESTMENTS - OTHER | CategoryOrItemTxt |
| Listed At Cost Or FMV | FMV | ListedAtCostOrFMVCd |
| Book Value | $53,932,654 | BookValueAmt |
| EOYFMV | $53,932,654 | EOYFMVAmt |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (7 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|---|
| LAND | $257,805,338 | $0 | $257,805,338 | $257,805,338 |
| BUILDINGS | $69,837,202 | $49,217,411 | $20,619,791 | $20,619,791 |
| BUILDING IMPROVEMENTS | $21,167,461 | $9,358,860 | $11,808,601 | $11,808,601 |
| LEASEHOLD IMPROVEMENTS | $373,345 | $373,345 | $0 | |
| EQUIPMENT | $1,907,663 | $1,820,749 | $86,914 | $86,914 |
| FURNITURE AND FIXTURES | $3,367,679 | $3,351,896 | $15,783 | $15,783 |
| COMPUTER EQUIPMENT AND SOFTWARE | $281,000 | $250,207 | $30,793 | $30,793 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $650,572 | LegalFeesAmt |
| Net Investment Income | $495,173 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $580,886 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $69,686 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (7 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| ACCRUED INTEREST RECEIVABLE | $2,506,039 | $2,508,477 | $2,508,477 |
| ACCRUED RENT RECEIVABLE | $2,613,628 | $3,072,230 | $3,072,230 |
| LEASE RECEIVABLE | $125,006,009 | $117,184,303 | $117,184,303 |
| PROGRAM RELATED INVESTMENTS - NOTES RECEIVABLE | $53,904,854 | $53,523,881 | $53,523,881 |
| OPERATING RIGHT-OF-USE ASSETS | $50,085,382 | $47,838,769 | $47,838,769 |
| PARKING EASEMENT,NET | $5,814,070 | $5,319,960 | $5,319,960 |
| LEASING COMMISSION | $0 | $11,205 | $11,205 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (28 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| COMPUTER EXPENSE | $76,419 | $600 | $600 | $75,819 |
| INSURANCE | $419,275 | $304,081 | $304,081 | $115,194 |
| DUES AND SUBSCRIPTIONS | $62,985 | $1,422 | $1,422 | $61,563 |
| LICENSES | $5,424 | $2,252 | $2,252 | $3,172 |
| SUPPLIES | $36,800 | $0 | $67 | $36,733 |
| REPAIRS AND MAINTENANCE | $267,033 | $267,033 | $267,033 | $0 |
| CLEANING | $323,478 | $323,478 | $323,478 | $0 |
| EQUIPMENT RENTAL | $4,776 | $0 | $0 | $4,776 |
| SECURITY | $179,449 | $179,449 | $179,449 | $0 |
| PARKING | $20,136 | $0 | $0 | $20,136 |
| TELEPHONE | $79,905 | $5,280 | $5,700 | $74,205 |
| OFFICE EXPENSES | $36,862 | $13,067 | $13,644 | $23,218 |
| PROFESSIONAL DEVELOPMENT | $77,321 | $0 | $0 | $77,321 |
| SEMINARS | $13,708 | $0 | $13,708 | $0 |
| LEASING COMMISSION EXPENSE | $3,880 | $3,880 | $3,880 | $0 |
| BANK CHARGES | $48,141 | $40,563 | $40,563 | $7,578 |
| ADMINISTRATION | $376,465 | $278,581 | $376,465 | $0 |
| MISCELLANEOUS | $65,299 | $51,379 | $65,299 | $0 |
| RESERVE FUND EXPENSE | $867,081 | $867,081 | $867,081 | $0 |
| CONDO FEES | $1,522,284 | $1,522,284 | $1,522,284 | $0 |
| AMORTIZATION | $400,826 | $400,826 | $400,826 | $0 |
| LOAN SERVICING FEES | $46,400 | $46,400 | $46,400 | $0 |
| ACCRUAL TO CASH ADJUSTMENT | $0 | $0 | $0 | $839,746 |
| LEASE CHARGE FUND EXPENSES | $50,003 | $0 | $0 | $50,003 |
| PENALTIES AND FINES | $33 | $0 | $0 | $0 |
| MARKETING | $14,241 | $0 | $14,241 | $0 |
| BAD DEBT EXPENSE | -$3,933 | $0 | $0 | $0 |
| SPONSORSHIP | $3,600 | $0 | $0 | $3,600 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (6 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| PASSTHROUGH INVESTMENTS | $0 | -$156,760 | $184,708 |
| REAL ESTATE OPTION INCOME | $9,055,987 | $9,055,987 | $9,055,987 |
| ENERGY SERVICE REVENUE | $4,302,628 | $4,302,628 | |
| INTEREST INCOME - PROGRAM RELATED | $10,757,781 | $10,757,781 | $10,757,781 |
| OTHER REVENUE | $8,483 | $8,483 | $8,483 |
| CONSULTING FEE REVENUE | $211,385 | $0 | $211,385 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | NET UNREALIZED GAIN ON INVESTMENTS | Desc |
| Amt | $4,491,726 | Amt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (7 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| BONDS PAYABLE | $221,590,625 | $217,546,870 |
| TRUIST BANK LOAN | $21,819,014 | $0 |
| LINE OF CREDIT | $41,000,000 | $87,525,000 |
| SECURITY DEPOSITS | $9,491 | $9,491 |
| CGA MORTGAGE CAPITAL, LLC | $290,755,704 | $44,136,362 |
| OPERATING LEASE LIABILITIES | $6,506,794 | $6,085,953 |
| NORTHWELL HEALTHCARE, INC. | $0 | $246,000,000 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| OTHER PROFESSIONAL SERVICES | $3,545,063 | $2,836,036 | $3,129,483 | $415,580 |
| INVESTMENT MANAGEMENT FEES | $616,027 | $616,027 | $616,027 | $0 |
| ASSET MANAGEMENT FEES | $562,620 | $557,870 | $562,620 | $0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| PERSONAL PROPERTY TAXES | $172,088 | $159,638 | $159,638 | $12,450 |
| FOREIGN TAXES | $0 | $0 | $7 | $0 |