GIVE BACK BRANDS FOUNDATION: Form 990PF, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- GIVE BACK BRANDS FOUNDATION (EIN 45-0711341)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-11-15
- IRS object ID
- 202243199349109969
- Schema version
- 2021v4.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Schedule B
- Depreciation Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Liquidation Explanation Stmt
- Legal Fees Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Substantial Contributors Sch
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-11-15T19:50:00-06:00 | ReturnTs |
| Tax Period End | 2021-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foundation Source | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3333 New Hyde Park Rd Ste 406 | AddressLine1Txt |
| City | New Hyde Park | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11042 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2021-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 450711341 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Give Back Brands Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % Foundation Source | InCareOfNm |
| Business Name Control | GIVE | BusinessNameControlTxt |
| Phone | 8312338114 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 934 Sand Dunes Rd | AddressLine1Txt |
| City | Pebble Beach | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 939532549 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | PAUL WEST | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 8008391754 | PhoneNum |
| Signature | 2022-11-08 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | PAUL | PersonFirstNm |
| Person Last | WEST | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Jeffrey D Haskell | PreparerPersonNm |
| PTIN | P01345770 | PTIN |
| Phone | 8008391754 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | TrustedCustomerGrp |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $528,479 | 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 | $102,500 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $10 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $10 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $13,546 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $13,546 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $21,429 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $200,445 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $21,429 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $945 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | -$1 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $138,430 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $34,984 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Legal Fees Rev And Expnss | $15,000 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $15,000 | LegalFeesDsbrsChrtblAmt |
| Other Prof Fees Rev And Expnss | $5,720 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $5,720 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $400 | TaxesRevAndExpnssAmt |
| Other Expenses Rev And Expnss | $7,511 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $170 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $7,328 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $28,631 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $5,890 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $22,328 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $150,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $150,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $178,631 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $5,890 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $172,328 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$40,201 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $29,094 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $23,223 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $127,881 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $127,881 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $516,662 | CorporateStockBOYAmt |
| Corporate Stock EOY | $224,679 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $308,989 | CorporateStockEOYFMVAmt |
| Corporate Bonds EOY | $91,586 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $91,609 | CorporateBondsEOYFMVAmt |
| Total Assets BOY | $539,885 | TotalAssetsBOYAmt |
| Total Assets EOY | $444,146 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $528,479 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $539,885 | RetainedEarningBOYAmt |
| Retained Earning EOY | $444,146 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $539,885 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $444,146 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $539,885 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $444,146 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $539,885 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$40,201 | ExcessRevenueOverExpensesAmt |
| Subtotal | $499,684 | SubtotalAmt |
| Other Decreases | $55,538 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $444,146 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|
| Publicly-traded Securities | $200,445 | $178,683 | $21,762 | $21,762 |
| Sec 751 Gain on Sale of Ptshp Reclass | $333 | -$333 | -$333 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $21,429 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $404 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $404 | SubtotalAmt |
| Tax Based On Investment Income | $404 | TaxBasedOnInvestmentIncomeAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $1,000 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $1,000 | TotalPaymentsAndCreditsAmt |
| Overpayment | $596 | OverpaymentAmt |
| Applied To ES Tax | $596 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | Yes (true) | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | 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 | Yes (true) | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foundation Source | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8008391754 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 501 Silverside Road Suite 123 | AddressLine1Txt |
| City | Wilmington | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198091377 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (5 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 |
|---|---|---|---|---|---|---|---|---|
| Arvinder Bajaj | ||||||||
| 934 Sand Dunes Rd | Pebble Beach | CA | 939532549 | Dir, Treas | 1.0 | $0 | $0 | $0 |
| Noreen Dodge | ||||||||
| 934 Sand Dunes Rd | Pebble Beach | CA | 939532549 | Dir | 1.0 | $0 | $0 | $0 |
| Judy Heise | ||||||||
| 934 Sand Dunes Rd | Pebble Beach | CA | 939532549 | Dir, Sec | 1.0 | $0 | $0 | $0 |
| Paul West | ||||||||
| 934 Sand Dunes Rd | Pebble Beach | CA | 939532549 | Chairman, Dir | 1.0 | $0 | $0 | $0 |
| Paula West | ||||||||
| 934 Sand Dunes Rd | Pebble Beach | CA | 939532549 | Dir | 1.0 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Summary Of Direct Chrtbl Acty | SummaryOfDirectChrtblActyGrp | |
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $437,666 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $145,261 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $582,927 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $582,927 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $8,744 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $574,183 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $28,709 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $28,709 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $404 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $404 | TotalTaxAmt |
| Distributable Before Adj | $28,305 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $28,305 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $28,305 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $172,328 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $172,328 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $28,305 | DistributableAsAdjustedAmt |
| Prior Year1 | 2019 | PriorYear1Yr |
| Prior Year2 | 2018 | PriorYear2Yr |
| Prior Year3 | 2017 | PriorYear3Yr |
| Excess Distribution Cyov Yr5 | $84,149 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $69,226 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $95,983 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $135,840 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $143,733 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $528,931 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $172,328 | QualifyingDistributionsAmt |
| Applied To Current Year | $28,305 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $144,023 | RemainingDistriFromCorpusAmt |
| Total Corpus | $672,954 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $84,149 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $588,805 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $69,226 | ExcessFromYear4Amt |
| Excess From Year3 | $95,983 | ExcessFromYear3Amt |
| Excess From Year2 | $135,840 | ExcessFromYear2Amt |
| Excess From Year1 | $143,733 | ExcessFromYear1Amt |
| Excess From Current Year | $144,023 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | Tony Bajaj | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (17 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| BROOKFIELD CRAFT CENTER INC | |||||||
| 286 WHISCONIER RD | BROOKFIELD | CT | 06804 | N/A | PC | General & Unrestricted | $10,000 |
| CASA OF ST LOUIS | |||||||
| 105 SOUTH CENTRAL AVE | SAINT LOUIS | MO | 63105 | N/A | PC | General & Unrestricted | $10,000 |
| COMMUNITIES LOVING AND SUPPORTING STUDENTS | |||||||
| 807 BENT CREEK EST | DEXTER | MO | 63841 | N/A | PC | General & Unrestricted | $10,000 |
| COMMUNITY MATTERS | |||||||
| PO BOX 14816 | SANTA ROSA | CA | 95402 | N/A | PC | General & Unrestricted | $10,000 |
| FAMILY PROMISE INC | |||||||
| 71 SUMMIT AVE | SUMMIT | NJ | 07901 | N/A | PC | General & Unrestricted | $5,000 |
| FEEDING TEXAS | |||||||
| 9300 S INTERSTATE 35 STE A515 | AUSTIN | TX | 78748 | N/A | PC | General & Unrestricted | $5,000 |
| FIRST BOOK | |||||||
| 1319 F ST 10TH FLOOR | WASHINGTON | DC | 20004 | N/A | PC | Books and other resources to schools/programs in L | $5,000 |
| GEORGE ARCHER MEMORIAL FOUNDATION FOR LITERACY | |||||||
| 916 SOUTHWOOD BLVD STE 1A | INCLINE VLG | NV | 89451 | N/A | PC | General & Unrestricted | $10,000 |
| LOCAL INFANT FORMULA FOR EMERGENCIES INC | |||||||
| 2002 S WAYSIDE DR STE 113 | HOUSTON | TX | 77023 | N/A | PC | General & Unrestricted | $5,000 |
| NOTE IN THE POCKET INC | |||||||
| 9650 STRICKLAND RD STE 103 168 | RALEIGH | NC | 27615 | N/A | PC | General & Unrestricted | $10,000 |
| OPERATION FOOD SEARCH INC | |||||||
| 1644 LOTSIE BLVD | SAINT LOUIS | MO | 63132 | N/A | PC | General & Unrestricted | $10,000 |
| REGIONAL YMCA OF WESTERN CONNECTICUT INC | |||||||
| 246 FEDERAL RD | BROOKFIELD | CT | 06804 | N/A | PC | General & Unrestricted | $10,000 |
| UNIVERSITY OF MIAMI | |||||||
| 1500 NW 12TH AVE STE 1020E | MIAMI | FL | 33136 | N/A | PC | General & Unrestricted | $10,000 |
| WATER MISSIONS INTERNATIONAL | |||||||
| PO BOX 63320 | CHARLOTTE | NC | 28263 | N/A | PC | General & Unrestricted | $10,000 |
| WESTCHESTER EXCEPTIONAL CHILDREN INC | |||||||
| 520 RTE 22 | NORTH SALEM | NY | 10560 | N/A | PC | General & Unrestricted | $10,000 |
| YOUNG STORYTELLERS FOUNDATION | |||||||
| 923 E 3RD ST STE 307 | LOS ANGELES | CA | 90013 | N/A | PC | General & Unrestricted | $10,000 |
| YOUTH SHELTER PROGRAM OF WESTCHESTER INC | |||||||
| 220 E 8TH ST | MOUNT VERNON | NY | 10550 | N/A | PC | General & Unrestricted | $10,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $150,000 | 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 | $10 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $13,546 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Income | OtherInvestmentIncomeGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $21,429 | 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 (3 entries)
| DescDesc | BusinessBusinessCd | Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|---|---|
| K-1 Inc/Loss | 525990 | -$56 | 14 | -$1 |
| Federal Tax Refund | 01 | $669 | ||
| Sec 751 Gain on Sale of Ptshp | 525990 | $333 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $277 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $35,653 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $35,930 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Contributor Person | Tony Bajaj | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2200 N Ocean Blvd 51605 | AddressLine1Txt |
| City | Ft Lauderdale | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33305 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $100,000 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Depreciation Schedule DepreciationSchedule
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (13 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| ALLY FINL INC BOND PERPETUAL - | $5,015 | $5,188 |
| AMERICAN EXPRESS CO NOTE MQTRL | $5,019 | $5,006 |
| CHARTER COMMUNICATIONS NOTE M/ | $5,080 | $5,109 |
| CIMAREX ENERGY CO - 4.375% - 0 | $5,185 | $5,200 |
| ENTERPRISE PRODS OPER LLC - 3. | $10,000 | $10,022 |
| FLUSHING FINANCIAL CORP NOTE M | $10,015 | $10,035 |
| JPMORGAN CHASE & CO - 5.150% - | $5,225 | $5,133 |
| KENNEDY WILSON INC NT - 4.750% | $10,290 | $10,225 |
| KINDER MORGAN ENERGY PARTNERS | $5,128 | $5,170 |
| PACIFIC WESTERN BANK MTN - 3.2 | $10,015 | $10,060 |
| VIA-B - 5.875% - 02/28/2057 | $5,333 | $4,986 |
| WESTERN ALLIANCE BANCORP | $10,015 | $10,166 |
| WP CAREY INC BD - 4.600% - 04/ | $5,266 | $5,309 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (73 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| ABBVIE INC | $1,263 | $2,031 |
| ADVANCE AUTO PARTS INC | $934 | $1,439 |
| ALPHABET INC CL C | $1,120 | $2,894 |
| AMERICOLD REALTY TRUST | $1,510 | $1,640 |
| APOLLO GLOBAL MANAGEMENT, INC | $2,004 | $2,897 |
| AQR FUNDS EMRG MULTI-STYLE R6 | $23 | $26 |
| AQR FUNDS INTL MULTI-STYLE R6 | $39 | $44 |
| AQR LARGE CAP MULTI-STYLE FUND | $81 | $93 |
| ARES CAPITAL CORPORATION - CLO | $4,336 | $5,192 |
| ARES MANAGEMENT CORPORATION | $1,957 | $7,314 |
| BANK OF AMERICA CORP | $4,981 | $9,788 |
| CENTENE CORP | $3,480 | $4,038 |
| CHARLES SCHWAB CORP | $2,165 | $4,205 |
| CHATHAM LODGING TRUST | $2,042 | $1,509 |
| CNH INDUSTRIAL NV | $1,201 | $1,321 |
| CONNECTONE BANCORP PREF SHS SE | $5,015 | $5,280 |
| CONSTELLATION BRANDS INC | $2,128 | $3,012 |
| CORTEVA INC | $1,178 | $1,229 |
| COTERRA ENERGY INC | $4,307 | $2,736 |
| DFA EMERGING MARKETS CORE EQ P | $34 | $55 |
| DFA GLOBAL REAL ESTATE SECURIT | $38 | $69 |
| DFA INTERNATIONAL CORE EQUITY | $23 | $29 |
| DFA INTERNATIONAL VECTOR EQUIT | $39 | $69 |
| DFA INVT DIMENSIONS GROUP INC | $109 | $164 |
| DFA TWO-YEAR GLOBAL FIXED INC | $147 | $147 |
| DU PONT DE NEMOURS | $2,096 | $1,616 |
| ELANCO ANIMAL HEALTH INCORPORA | $2,376 | $2,327 |
| ELLINGTON FINANCIAL 6 250 FIXE | $7,515 | $7,575 |
| EQUITY COMMONWEALTH | $573 | $518 |
| GLADSTONE LAND CORP 5% CUM TER | $5,015 | $5,128 |
| GOLDMAN SACHS GROUP | $4,468 | $6,886 |
| GOLDMAN SACHS PFD SER D - 4.00 | $5,055 | $5,849 |
| GXO LOGISTICS | $1,919 | $3,088 |
| ISHARES MSCI EAFE MINIMUM VOLA | $971 | $1,152 |
| ISHARES MSCI EAFE VALUE INX | $4,087 | $4,283 |
| ISHARES MSCI EMERGING MARKETS | $628 | $754 |
| ISHARES MSCI USA MIN VOLATILIT | $1,152 | $2,103 |
| ISHARES MSCI USA MOMENTUM FACT | $1,602 | $3,818 |
| ISHARES MSCI USA QUALITY FACTO | $928 | $2,038 |
| ISHARES NASDAQ BIOTECHNOLOGY | $2,220 | $3,205 |
| ISTAR INC 8% PRF USD25 SERIESD | $9,748 | $10,400 |
| JOHNSON & JOHNSON | $2,142 | $2,737 |
| KENNEDY WILSON HOLDINGS INC | $4,658 | $5,970 |
| LAM RESEARCH CORP | $3,090 | $3,596 |
| LENNAR CORP | $4,262 | $9,874 |
| LOCKHEED MARTIN CORP | $4,184 | $4,265 |
| MICROSOFT CORP | $2,662 | $5,381 |
| NEW RESIDENTIAL INVESTMENT COR | $4,194 | $2,945 |
| NORTHROP GRUMMAN CORP | $5,826 | $6,580 |
| OCWEN FINL CORP | $2,123 | $3,038 |
| QUALCOMM INC | $3,797 | $12,801 |
| SARATOGA INVESTMENT CORP 7.25% | $5,000 | $5,156 |
| SIMON PPTY GROUP INC | $2,170 | $4,154 |
| SIX FLAGS ENTERTAINMENT CORPOR | $1,194 | $1,150 |
| SPDR S&P 500 ETF TRUST | $15,172 | $33,247 |
| U S VECTOR EQUITY PORTFOLIO | $116 | $216 |
| UNITEDHEALTH GROUP INC | $2,518 | $5,021 |
| VANGUARD FTSE ALL-WLD EX-US SM | $2,565 | $3,617 |
| VANGUARD FTSE ALL-WORLD EX-US | $16,042 | $21,938 |
| VANGUARD FTSE DEVELOPED MARKET | $1,984 | $2,706 |
| VANGUARD FTSE EMERGING MARKETS | $1,399 | $2,028 |
| VANGUARD SHORT-TERM BOND INDEX | $279 | $277 |
| VANGUARD SMALL-CAP VALUE ETF | $3,004 | $5,008 |
| VANGUARD ST BOND ETF | $15,749 | $15,843 |
| VANGUARD TOTAL BOND MARKET ETF | $6,753 | $6,865 |
| VANGUARD TOTAL BOND MARKET IND | $290 | $287 |
| VANGUARD TOTAL INTL BD IDX ETF | $10,176 | $10,094 |
| VANGUARD TOTAL STOCK MARKET ET | $1,655 | $3,863 |
| VANGUARD VALUE ETF | $1,690 | $3,089 |
| VIACOMCBS INC | $2,315 | $1,690 |
| VODAFONE GROUP PLC | $927 | $791 |
| WISDOM TREE EUROPE HEDGED EQUI | $3,465 | $4,168 |
| XPO LOGISTICS INC | $2,771 | $2,633 |
Liquidation Explanation Stmt LiquidationExplanationStmt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | As explained below, the Foundation has no plans for dissolution. This statement is submitted to report the distribution of certain assets during the year. The distributions resulted in a substantial contraction of assets. The following information is submitted in accordance with Treasury Regulation Section 1.6043-3(a)(1) and the Form 990-PF instructions: During the taxable year ending December 31, 2021, the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled $150,000. This amount represents 25% or more of the Foundation's net assets of $539,866 (as measured by fair market value) at the beginning of the Foundation's taxable year ending December 31, 2021. Although the Foundation technically experienced a substantial contraction, it will continue in existence and has no plans for dissolution. The Foundation made distributions of cash to the grantees listed in the attachment to Part XIV, Line 3a; each such grant was made solely for the charitable purpose specified therein. | ExplanationTxt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | General Consultations | CategoryTxt |
| Legal Fees | $15,000 | LegalFeesAmt |
| Disbursements Charitable Prps | $15,000 | DisbursementsCharitablePrpsAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ACCRUAL TO CASH ADJUSTMENT | Desc |
| Amt | $55,538 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (6 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| Administrative Set-Up Fee | $6,500 | $6,500 | |
| Bank Charges | $170 | $170 | |
| D&O INSURANCE | $524 | $524 | |
| K-1 Exp CEDAR FAIR LP | $13 | ||
| Registered Agent Fee | $279 | $279 | |
| State or Local Filing Fees | $25 | $25 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| K-1 Inc/Loss CEDAR FAIR LP | -$57 | -$1 |
| Federal Tax Refund | $669 | |
| Sec 751 Gain on Sale CEDAR FAIR LP | $333 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Investment Management Services | CategoryTxt |
| Amt | $5,720 | Amt |
| Net Investment Income | $5,720 | NetInvestmentIncomeAmt |
Substantial Contributors Sch SubstantialContributorsSch
Substantial Contributor Detail SubstantialContributorDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Arvinder Bajaj | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2200 N Ocean Blvd 51605 | AddressLine1Txt |
| City | Ft Lauderdale | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33305 | ZIPCd |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | 990-PF Excise Tax for 2020 | CategoryTxt |
| Amt | $400 | Amt |