SOPHIAGRACE FOUNDATION: Form 990PF, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- SOPHIAGRACE FOUNDATION (EIN 82-0740486)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-11-14
- IRS object ID
- 202243189349106249
- 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
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Legal Fees Schedule
- Other Expenses Schedule
- Other Increases Schedule
- Other Notes Loans Rcvbl Long Sch
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-11-14T00:07:38-05:00 | ReturnTs |
| Tax Period End | 2021-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 272496928 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Kwan & Co CPA Inc | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 78 Bay State Street Unit 1B | AddressLine1Txt |
| City | Alhambra | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 91801 | 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 | 820740486 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SOPHIAGRACE FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SOPH | BusinessNameControlTxt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3019 Wilshire Blvd Ste 321 | AddressLine1Txt |
| City | Santa Monica | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90403 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Christina Singleton | PersonNm |
| Person Title | Executive Direc | PersonTitleTxt |
| Signature | 2022-11-13 | SignatureDt |
| Discuss With Paid Preparer | false | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | Christina | PersonFirstNm |
| Person Last | Singleton | PersonLastNm |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Hew Kwan | PreparerPersonNm |
| PTIN | P01465585 | PTIN |
| Phone | 6262835101 | PhoneNum |
| Preparation | 2022-11-13 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 0 | TrustedCustomerCd |
| OOB Security Verification | 00 | OOBSecurityVerificationCd |
| Authentication Assurance Level | AAL2 | 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) |
|---|---|---|
| Address Change | Yes (X) | AddressChangeInd |
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $20,936,358 | FMVAssetsEOYAmt |
| Method Of Accounting Other | Yes (X) | MethodOfAccountingOtherInd |
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 | $9,068 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $9,068 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $275,524 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $275,524 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $1,489,277 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $8,719,824 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $1,489,277 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $1,773,869 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,773,869 | TotalNetInvstIncmAmt |
| Legal Fees Rev And Expnss | $4,365 | LegalFeesRevAndExpnssAmt |
| Legal Fees Dsbrs Chrtbl | $4,365 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $6,534 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Chrtbl Prps | $6,534 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $152,855 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $152,855 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $11,096 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $96 | TaxesNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $54,315 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Dsbrs Chrtbl | $54,315 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $229,165 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $152,951 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $65,214 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $2,730,364 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $2,730,364 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $2,959,529 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $152,951 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $2,795,578 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$1,185,660 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,620,918 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $908,467 | CashBOYAmt |
| Cash EOY | $443,182 | CashEOYAmt |
| Cash EOYFMV | $443,182 | CashEOYFMVAmt |
| Other Nts And Loans Rcvbl | $450,000 | OtherNtsAndLoansRcvblAmt |
| Other Nts And Loans Rcvbl BOY | $450,000 | OtherNtsAndLoansRcvblBOYAmt |
| Other Nts And Loans Rcvbl EOY | $450,000 | OtherNtsAndLoansRcvblEOYAmt |
| Other Nts And Loans Rcvbl EOYFMV | $450,000 | OtherNtsAndLoansRcvblEOYFMVAmt |
| US Government Obligations BOY | $633,126 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $0 | USGovernmentObligationsEOYAmt |
| Corporate Stock BOY | $14,401,434 | CorporateStockBOYAmt |
| Corporate Stock EOY | $17,604,264 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $17,604,264 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $1,813,515 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $2,438,912 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $2,438,912 | CorporateBondsEOYFMVAmt |
| Total Assets BOY | $18,206,542 | TotalAssetsBOYAmt |
| Total Assets EOY | $20,936,358 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $20,936,358 | TotalAssetsEOYFMVAmt |
| Accounts Payable EOY | $155,000 | AccountsPayableEOYAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $155,000 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $18,206,542 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $20,781,358 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $18,206,542 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $20,781,358 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $18,206,542 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $20,936,358 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $18,206,542 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$1,185,660 | ExcessRevenueOverExpensesAmt |
| Other Increases | $3,760,476 | OtherIncreasesAmt |
| Subtotal | $20,781,358 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $20,781,358 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | Fidelity - see part IV attachment | PropertyDesc |
| How Acquired | P | HowAcquiredCd |
| Acquired | 2020-12-31 | AcquiredDt |
| Sold | 2021-12-31 | SoldDt |
| Gross Sales Price | $8,719,824 | GrossSalesPriceAmt |
| Cost Or Other Basis | $7,230,547 | CostOrOtherBasisAmt |
| Gain Or Loss | $1,489,277 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $1,489,277 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $1,489,277 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $22,531 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $22,531 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $22,531 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $14,185 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $14,185 | TotalPaymentsAndCreditsAmt |
| Tax Due | $8,346 | 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 |
| Org Report Or Register State | DE | 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 |
| Individual With Books | Noble Accounting | IndividualWithBooksNm |
| Phone | 2134080508 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2780 Skypark Drive Suite 201 | AddressLine1Txt |
| City | Torrance | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90505 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 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 |
|---|---|---|---|---|---|---|---|---|
| CHRISTINA SINGLETON | ||||||||
| 3019 Wilshire Blvd Suite 321 | Santa Monica | CA | 90403 | DIRECTOR PRESIDENT | 10.00 | $0 | $0 | $0 |
| CINDY YAO | ||||||||
| 3019 Wilshire Blvd Suite 321 | Santa Monica | CA | 90403 | DIRECTOR TREASURER | 15.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | Grant giving | Description1Txt |
| Expenses1 | $2,730,364 | Expenses1Amt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $19,944,729 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $675,825 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $450,000 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $21,070,554 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $21,070,554 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $316,058 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $20,754,496 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,037,725 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,037,725 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $22,531 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $22,531 | TotalTaxAmt |
| Distributable Before Adj | $1,015,194 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $1,015,194 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $1,015,194 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $2,795,578 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $2,795,578 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,015,194 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr4 | $789,929 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $1,327,330 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $934,642 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $2,527,979 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $5,579,880 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $2,795,578 | QualifyingDistributionsAmt |
| Applied To Current Year | $1,015,194 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $1,780,384 | RemainingDistriFromCorpusAmt |
| Total Corpus | $7,360,264 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $7,360,264 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $789,929 | ExcessFromYear4Amt |
| Excess From Year3 | $1,327,330 | ExcessFromYear3Amt |
| Excess From Year2 | $934,642 | ExcessFromYear2Amt |
| Excess From Year1 | $2,527,979 | ExcessFromYear1Amt |
| Excess From Current Year | $1,780,384 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | Various | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Part XV attachment | AddressLine1Txt |
| City | Santa Monica | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90403 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Or Contribution Purpose | Part XV attachment | GrantOrContributionPurposeTxt |
| Amt | $2,730,364 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $2,730,364 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $9,068 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $275,524 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $1,489,277 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $1,773,869 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,773,869 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Accounting | CategoryTxt |
| Amt | $6,534 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $6,534 | DisbursementsCharitablePrpsAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | Corporate bonds | BondNm |
| EOY Book Value | $2,438,912 | EOYBookValueAmt |
| EOYFMV | $2,438,912 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | Corporate stock | StockNm |
| EOY Book Value | $17,604,264 | EOYBookValueAmt |
| EOYFMV | $17,604,264 | EOYFMVAmt |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $0 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $0 | USGovtObligationsEOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Legal fees | CategoryTxt |
| Legal Fees | $4,365 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $4,365 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| Administrative fees | $52,824 | $0 | $0 | $52,824 |
| Office expenses | $1,336 | $0 | $0 | $1,336 |
| Filing fees | $155 | $0 | $0 | $155 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| Unrealized gain not on TR at 2020 | $2,997,539 |
| Unrealized gain not on TR 2021 | $762,937 |
Other Notes Loans Rcvbl Long Sch OtherNotesLoansRcvblLongSch
Other Notes Loans Rcvbl Long OtherNotesLoansRcvblLongGrp
Borrower Name BorrowerNameGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Low income investment fund | PersonNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Loan Original | $450,000 | LoanOriginalAmt |
| Balance Due | $450,000 | BalanceDueAmt |
| Note | 2019-11 | NoteDt |
| Loan Maturity | 2022-12 | LoanMaturityDt |
| Repayment Terms | Due on maturity | RepaymentTermsTxt |
| Interest | 2 | InterestRt |
| Security Provided Borrower | None | SecurityProvidedBorrowerTxt |
| Loan Purpose | Family eco self-sufficiency & to alleviate poverty | LoanPurposeTxt |
| Consideration FMV | $450,000 | ConsiderationFMVAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Investment management fees | CategoryTxt |
| Amt | $152,855 | Amt |
| Net Investment Income | $152,855 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| Foreign tax | $96 | $96 | $0 | $0 |
| Excise tax | $11,000 | $0 | $0 | $0 |