HERB BLOCK FOUNDATION: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- HERB BLOCK FOUNDATION (EIN 26-0008276)
- Tax period
- 2019-10-01 to 2020-09-30
- Filed
- 2021-01-10
- IRS object ID
- 202100109349100100
- Schema version
- 2019v5.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Amortization Schedule
- Contractor Compensation Expln
- Depreciation Schedule
- General Explanation Attachment
- Investments Other Schedule2
- Land Etc Schedule2
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-01-10T09:16:02-06:00 | ReturnTs |
| Tax Period End | 2020-09-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | OLER TOOTSEY & ASSOCIATES CPAS LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 555 QUINCE ORCHARD ROAD SUITE 530 | AddressLine1Txt |
| City | GAITHERSBURG | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 20878 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2019-10-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 260008276 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE HERB BLOCK FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % THE HERB BLOCK FOUNDATION | InCareOfNm |
| Business Name Control | HERB | BusinessNameControlTxt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1730 M STREET NW Suite 1020 | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20036 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MARCELA BRANE | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 2022238801 | PhoneNum |
| Signature | 2020-12-02 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MICHAEL S OLER | PreparerPersonNm |
| PTIN | P00889622 | PTIN |
| Phone | 3013200100 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | 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 | $48,187,864 | 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 | $0 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $1,255 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $1,255 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $719,071 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $707,638 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $1,966,807 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $6,114,068 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $1,966,807 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $45,337 | OtherIncomeRevAndExpnssAmt |
| Total Rev And Expnss | $2,732,470 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $2,675,700 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $372,064 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $372,064 | CompOfcrDirTrstDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $40,716 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $40,716 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $5,795 | LegalFeesRevAndExpnssAmt |
| Legal Fees Dsbrs Chrtbl | $5,795 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $17,369 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $7,500 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $9,869 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $278,413 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $216,688 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $61,725 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $34,759 | TaxesRevAndExpnssAmt |
| Taxes Dsbrs Chrtbl | $34,759 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $85,424 | DeprecAndDpltnRevAndExpnssAmt |
| Occupancy Rev And Expnss | $96,478 | OccupancyRevAndExpnssAmt |
| Occupancy Dsbrs Chrtbl | $96,478 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $2,989 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $2,989 | TravConfMeetingDsbrsChrtblAmt |
| Printing And Pub Rev And Expnss | $9,783 | PrintingAndPubRevAndExpnssAmt |
| Printing And Pub Dsbrs Chrtbl | $9,783 | PrintingAndPubDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $653,306 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $374 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $652,932 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $1,597,096 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $224,562 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $1,287,110 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,581,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,581,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $3,178,096 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $224,562 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $2,868,110 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$445,626 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $2,451,138 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | -$65,232 | CashBOYAmt |
| Cash EOY | $580,830 | CashEOYAmt |
| Cash EOYFMV | $580,830 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $109,424 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $586,222 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $586,222 | SavAndTempCashInvstEOYFMVAmt |
| Other Investments BOY | $48,298,583 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $46,138,571 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $46,138,571 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $580,309 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $391,938 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $195,166 | LandBOYAmt |
| Land EOY | $188,371 | LandEOYAmt |
| Land EOYFMV | $188,371 | LandEOYFMVAmt |
| Other Assets BOY | $769,885 | OtherAssetsBOYAmt |
| Other Assets EOY | $693,870 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $693,870 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $49,307,826 | TotalAssetsBOYAmt |
| Total Assets EOY | $48,187,864 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $48,187,864 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $2,455 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $14,394 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $2,455 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $14,394 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $49,305,371 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $48,173,470 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $49,305,371 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $48,173,470 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $49,307,826 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $48,187,864 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $49,305,371 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$445,626 | ExcessRevenueOverExpensesAmt |
| Subtotal | $48,859,745 | SubtotalAmt |
| Other Decreases | $686,275 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $48,173,470 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (9 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|
| STATE ST GOVT CREDIT | $1,799 | $1,395 | $404 | $404 |
| STATE ST S&P 500 EX TOBACCO | $1,002,974 | $318,249 | $684,725 | $684,725 |
| VANGUARD ST INV GRADE | $1,500,000 | $1,508,613 | -$8,613 | -$8,613 |
| 1607 CAP PTNR INTL EQUITY | $298,127 | $298,127 | $298,127 | |
| 1607 CAP PTNR DOMESTIC EQ | $70,085 | $70,085 | $70,085 | |
| FORESTER | $2,398,426 | $1,683,043 | $715,383 | $715,383 |
| LAZARD | $500,000 | $500,361 | -$361 | -$361 |
| VULCAN VALUE PARTNERS FD | $150,000 | $135,600 | $14,400 | $14,400 |
| VVP ALL CAP FD | $38,380 | $38,380 | $38,380 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $1,966,807 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $2,899,283 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $48,698,850 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.059535 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $2,852,440 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $52,209,865 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.054634 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $3,161,460 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $48,271,135 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.065494 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $2,632,038 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $48,836,290 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.053895 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $2,697,841 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $53,031,488 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.050872 | DistributionYr5Rt |
| Total Distribution | 0.28443 | TotalDistributionRt |
| Average Distribution | 0.056886 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $47,488,074 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $2,701,407 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $24,511 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $2,725,918 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $2,868,110 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | Yes (X) | DomesticOrgMeetingSect4940eInd |
| Investment Income Excise Tax | $24,511 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $24,511 | SubtotalAmt |
| Tax Based On Investment Income | $24,511 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $18,800 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $18,800 | TotalPaymentsAndCreditsAmt |
| Tax Due | $5,711 | 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 |
| Form990 PF Filed With Atty Gen | false | 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 |
| Website Address | HERBBLOCKFOUNDATION.ORG | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE HERB BLOCK FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2022238801 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1730 M STREET NW SUITE 1020 | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20036 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | Yes (true) | 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 |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (15 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 |
|---|---|---|---|---|---|---|---|---|
| JEAN J RICKARD | ||||||||
| 1730 M STREET NW | WASHINGTON | DC | 20036 | EXEC DIR EMERITA | 40.0 | $117,377 | $0 | $0 |
| ROBIN MESZOLY | ||||||||
| 1730 M STREET NW | WASHINGTON | DC | 20036 | TREASURER | 1.0 | $0 | $0 | $0 |
| MARCELA BRANE | ||||||||
| 1730 M STREET NW | WASHINGTON | DC | 20036 | PRESIDENT | 40.0 | $130,677 | $0 | $0 |
| SARAH ALEX | ||||||||
| 1730 M STREET NW | WASHINGTON | DC | 20036 | EXEC DIRECTOR | 40.0 | $124,010 | $0 | $0 |
| ATHELIA KNIGHT | ||||||||
| 1730 M STREET NW | WASHINGTON | DC | 20036 | DIRECTOR | 1.0 | $0 | $0 | $0 |
| JANE ASHER | ||||||||
| 1730 M STREET NW | WASHINGTON | DC | 20036 | DIRECTOR | 0.5 | $0 | $0 | $0 |
| JILL STANLEY | ||||||||
| 1730 M STREET NW | WASHINGTON | DC | 20036 | CHAIRMAN OF THE BOARD | 1.0 | $0 | $0 | $0 |
| DONNA MCNULTY | ||||||||
| 1730 M STREET NW | WASHINGTON | DC | 20036 | DIRECTOR | 0.5 | $0 | $0 | $0 |
| MATTHEW WUERKER | ||||||||
| 1730 M STREET NW | WASHINGTON | DC | 20036 | DIRECTOR | 1.0 | $0 | $0 | $0 |
| CAROLINE LACEY | ||||||||
| 1730 M STREET NW | WASHINGTON | DC | 20036 | SECRETARY | 1.0 | $0 | $0 | $0 |
| CLARENCE PAGE | ||||||||
| 1730 M STREET NW | WASHINGTON | DC | 20036 | DIRECTOR | 0.5 | $0 | $0 | $0 |
| LAURA HUTCHISON | ||||||||
| 1730 M STREET NW | WASHINGTON | DC | 20036 | DIRECTOR | 0.5 | $0 | $0 | $0 |
| LYNDA BONIESKIE | ||||||||
| 1730 M STREET NW | WASHINGTON | DC | 20036 | DIRECTOR | 0.5 | $0 | $0 | $0 |
| DANA PRIEST | ||||||||
| 1730 M STREET NW | WASHINGTON | DC | 20036 | DIRECTOR | 0.5 | $0 | $0 | $0 |
| PAUL DELANEY | ||||||||
| 1730 M STREET NW | WASHINGTON | DC | 20036 | DIRECTOR | 0.5 | $0 | $0 | $0 |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| CAMBRIDGE ASSOCIATES LLC | |||||
| PO BOX 83232 | CHICAGO | IL | 606910232 | INVESTMENT MGR | $105,500 |
| INTERNATIONAL SCHOLARSHIP | |||||
| 1321 MURFREESBORO DR 800 | NASHVILLE | TN | 37217 | PROCESS SCHOLARSHIPS | $536,730 |
| 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 | $45,991,870 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,337,132 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $882,241 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $48,211,243 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $48,211,243 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $723,169 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $47,488,074 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $2,374,404 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $2,374,404 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $24,511 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $24,511 | TotalTaxAmt |
| Distributable Before Adj | $2,349,893 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $2,349,893 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $2,349,893 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $2,868,110 | 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 | $2,868,110 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $24,511 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $2,843,599 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $2,349,893 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Prior Year1 | 2017 | PriorYear1Yr |
| Prior Year2 | 2016 | PriorYear2Yr |
| Prior Year3 | 2015 | PriorYear3Yr |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $88,583 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $201,612 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $774,993 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $319,206 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $501,892 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $1,886,286 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $2,868,110 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Current Year | $2,349,893 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $518,217 | RemainingDistriFromCorpusAmt |
| Total Corpus | $2,404,503 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $88,583 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $2,315,920 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $201,612 | ExcessFromYear4Amt |
| Excess From Year3 | $774,993 | ExcessFromYear3Amt |
| Excess From Year2 | $319,206 | ExcessFromYear2Amt |
| Excess From Year1 | $501,892 | ExcessFromYear1Amt |
| Excess From Current Year | $518,217 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | NONE | ContributingManagerNm |
| Shareholder Manager | NONE | ShareholderManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SEE STATEMENT | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | SEE STATEMENT | AddressLine1Txt |
| City | SEE STATEMENT | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20036 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | NONE | RecipientRelationshipTxt |
| Grant Or Contribution Purpose | GENERAL SUPPORT | GrantOrContributionPurposeTxt |
| Amt | $1,581,000 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,581,000 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Program Service Rev Part VII ProgramServiceRevPartVIIGrp (2 entries)
| DescDesc | Related Or Exempt Function IncmRelatedOrExemptFunctionIncmAmt |
|---|---|
| CARTOON REPRINT SALES | $5,275 |
| ROYALTIES (NON INVESTMENT) | $38 |
| 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 |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $720,326 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Incm Part VII | OtherInvestmentIncmPartVIIGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $1,966,807 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | EXCISE TAX REFUND | Desc |
| Related Or Exempt Function Incm | $40,024 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $2,687,133 | ExclusionAmt |
| Related Or Exempt Function Incm | $45,337 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $2,732,470 | 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 |
Amortization Schedule AmortizationSchedule
Amortization Schedule Detail AmortizationScheduleDetail (5 entries)
| Amortized ExpensesAmortizedExpensesDesc | Acquired Completed Or ExpendedAcquiredCompletedOrExpendedDt | AmortizedAmortizedAmt | Deduction For Prior YearsDeductionForPriorYearsAmt | Amortization PeriodAmortizationPeriodRt | Total AmortizationTotalAmortizationAmt | Current Year AmortizationCurrentYearAmortizationAmt |
|---|---|---|---|---|---|---|
| VIDEO | 2009-10-01 | $198,705 | $198,705 | 10.0 | $198,705 | |
| WEBSITE | 2010-10-14 | $35,800 | $35,800 | 5.0 | $35,800 | |
| DOCUMENTARY FILM | 2013-04-23 | $1,000,000 | $320,833 | 20.0 | $370,833 | $50,000 |
| DVD PROD-EXHIBITS | 2013-04-02 | $221,649 | $144,072 | 10.0 | $166,237 | $22,165 |
| WEBSITE REFRESH | 2016-11-01 | $19,250 | $11,229 | 5.0 | $15,079 | $3,850 |
Contractor Compensation Expln ContractorCompensationExpln
Contractor Comp Expln ContractorCompExplnGrp (2 entries)
| ExplanationExplanationTxt |
|---|
| CAMBRIDGE ASSOCIATES LLC |
| INVESTMENT MANAGER |
| INTERNATIONAL SCHOLARSHIP |
| PROCESS SCHOLARSHIPS - ABOVE AMOUNT INCLUDES SCHOLARSHIP FUNDS |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (12 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Prior Year DepreciationPriorYearDepreciationAmt | Computation MethodComputationMethodTxt | LifeLifeRt | Current Year ExpenseCurrentYearExpenseAmt |
|---|---|---|---|---|---|---|
| FURNITURE & FIXTS | 2002-01-04 | $6,387 | $6,387 | SL | 7 | |
| CONDOMINIUM | 2003-09-30 | $330,000 | $138,187 | SL | 40 | $8,250 |
| FURNITURE & FIXTS | 2003-10-01 | $38,992 | $38,992 | SL | 7 | |
| CONDO-TRANE RTU | 2007-03-12 | $9,602 | $9,602 | SL | 10 | |
| TRAV EXHIBIT SET 1 | 2009-10-01 | $46,638 | $46,638 | SL | 3 | |
| TRAV EXHIBIT 2-4 | 2010-08-01 | $76,708 | $76,708 | SL | 3 | |
| TRAV EXHIBIT SET 5 | 2011-02-15 | $58,495 | $58,495 | SL | 3 | |
| TV & BLU RAY | 2013-01-16 | $1,001 | $953 | SL | 7 | $48 |
| 3 COMPUTERS & SFTW | 2014-04-15 | $2,921 | $2,921 | SL | 5 | |
| GIFTS ONLINE SETU | 2014-04-01 | $4,000 | $3,141 | SL | 7 | $571 |
| CONDO-WINDOW | 2016-04-19 | $2,950 | $505 | SL | 20 | $148 |
| COMPUTERS | 2019-12-28 | $2,614 | SL | 5 | $392 |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | INVESTMENTS IN FOREIGN COUNTRIES | IdentifierTxt |
| Form And Line Reference | INVESTMENTS IN FOREIGN COUNTRIES | FormAndLineReferenceDesc |
| Medium Explanation | THE FOUNDATION INVESTS IN VARIOUS FUNDS WHICH HOLD INVESTMENTS IN VARIOUS COUNTRIES. | MediumExplanationTxt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (11 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| STATE STREET TRUST CO | FMV | $9,501,310 | $9,501,310 |
| VANGUARD | FMV | $4,818,320 | $4,818,320 |
| 1607 CAPITAL INTL EQ | FMV | $6,486,261 | $6,486,261 |
| T ROWE PRICE | FMV | $1,309,462 | $1,309,462 |
| FORESTER DIV | FMV | $10,471,713 | $10,471,713 |
| LAZARD FUNDS | FMV | $1,713,022 | $1,713,022 |
| VULCAN VALUE PTNRS | FMV | $3,426,716 | $3,426,716 |
| JOHCM FUNDS | FMV | $1,655,598 | $1,655,598 |
| 1607 DOMESTIC EQUITY | FMV | $2,882,865 | $2,882,865 |
| DIMENSION FUNDS | FMV | $1,683,459 | $1,683,459 |
| ORBIS | FMV | $2,189,845 | $2,189,845 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (17 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt |
|---|---|---|---|
| FURNITURE & FIXTS | $6,387 | $6,387 | |
| CONDOMINIUM | $330,000 | $146,437 | $183,563 |
| FURNITURE & FIXTS | $38,992 | $38,992 | |
| CONDO-TRANE RTU | $9,602 | $9,602 | |
| TRAV EXHIBIT SET 1 | $46,638 | $46,638 | |
| TRAV EXHIBIT 2-4 | $76,708 | $76,708 | |
| VIDEO | $198,705 | $198,705 | |
| WEBSITE | $35,800 | $35,800 | |
| TRAV EXHIBIT SET 5 | $58,495 | $58,495 | |
| TV & BLU RAY | $1,001 | $1,001 | |
| DOCUMENTARY FILM | $1,000,000 | $370,833 | $629,167 |
| DVD PROD-EXHIBITS | $221,649 | $166,237 | $55,412 |
| 3 COMPUTERS & SFTW | $2,921 | $2,921 | |
| GIFTS ONLINE SETU | $4,000 | $3,712 | $288 |
| CONDO-WINDOW | $2,950 | $653 | $2,297 |
| WEBSITE REFRESH | $19,250 | $15,079 | $4,171 |
| COMPUTERS | $2,614 | $392 | $2,222 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (5 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| SECURITY DEPOSIT | $5,120 | $5,120 | $5,120 |
| VIDEO PRODUCTION, NET | $0 | $0 | $0 |
| DOCUMENTARY FILM, NET | $679,167 | $629,167 | $629,167 |
| WEBSITE, NET | $8,021 | $4,171 | $4,171 |
| DVD PRODUCTION, NET | $77,577 | $55,412 | $55,412 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED LOSS ON INVESTMENTS | Desc |
| Amt | $686,275 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (11 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| BANK FEES | $374 | $374 | |
| DUES & SUBSCRIPTIONS | $17,504 | $17,504 | |
| INSURANCE | $13,101 | $13,101 | |
| AWARDS & PRIZES | $34,201 | $34,201 | |
| OFFICE & ADMIN EXPS | $4,415 | $4,415 | |
| MEALS & ENTERTAINMENT | $48,885 | $48,885 | |
| MARKETING/ADVERTISING | $18,150 | $18,150 | |
| SCHOLARSHIPS | $500,000 | $500,000 | |
| WEBSITE | $7,787 | $7,787 | |
| TELEPHONE | $4,979 | $4,979 | |
| POSTAGE & SHIPPING | $3,910 | $3,910 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt |
|---|---|
| CARTOON REPRINT SALES | $5,275 |
| ROYALTIES (NON-INVESTMENT) | $38 |
| EXCISE TAX REFUND | $40,024 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| CREDIT CARD PAYABLE | $2,455 | $854 |
| PAYABLES TO AND ON BEHALF OF AWARD RECIPIENTS | $0 | $13,540 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (5 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| INVESTMENT MANAGEMENT FEES | $216,688 | $216,688 | |
| PAYROLL FEES | $5,585 | $5,585 | |
| COMPUTER CONSULTANTS | $6,329 | $6,329 | |
| SCHOLARSHIP PROCESSING | $37,909 | $37,909 | |
| OTHER CONSULTANTS | $11,902 | $11,902 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| PAYROLL | $30,157 | $30,157 |
| REAL ESTATE | $4,163 | $4,163 |
| OTHER | $439 | $439 |