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GAYLE AND TOM BENSON CHARITABLEFOUNDATION: Form 990PF, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
GAYLE AND TOM BENSON CHARITABLEFOUNDATION (EIN 26-0221908)
Tax period
2020-01-01 to 2020-12-31
Filed
2021-11-12
IRS object ID
202113169349103561
Schema version
2020v4.0
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 ReturnHeader

FieldValueIRS element (for citing)
Return2021-11-12T13:35:46-06:00ReturnTs
Tax Period End2020-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN742619624PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1RIDOUT BARRETT & CO PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1922 ISOM RD STE 100AddressLine1Txt
CitySAN ANTONIOCityNm
State AbbreviationTXStateAbbreviationCd
ZIP782164184ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2020-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN260221908EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1GAYLE AND TOM BENSON CHARITABLEBusinessNameLine1Txt
Business Name Line2FOUNDATIONBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlGAYLBusinessNameControlTxt
Phone5047311802PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line15800 AIRLINE DRIVEAddressLine1Txt
CityMETAIRIECityNm
State AbbreviationLAStateAbbreviationCd
ZIP70003ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDENNIS LAUSCHAPersonNm
Person TitleTRUSTEEPersonTitleTxt
Phone5047311802PhoneNum
Signature2021-11-12SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstDENNISPersonFirstNm
Person LastLAUSCHAPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJOSEPH FEUGE II CPAPreparerPersonNm
PTINP01270905PTIN
Phone2108291793PhoneNum
Preparation2021-11-12PreparationDt
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$308,944FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$8,525,143ContriRcvdRevAndExpnssAmt
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$555InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$555InterestOnSavNetInvstIncmAmt
Other Income Rev And Expnss$80OtherIncomeRevAndExpnssAmt
Total Rev And Expnss$8,525,778TotalRevAndExpnssAmt
Total Net Invst Incm$555TotalNetInvstIncmAmt
Legal Fees Rev And Expnss$2,660LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm$2,660LegalFeesNetInvstIncmAmt
Accounting Fees Rev And Expnss$1,049AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$1,049AccountingFeesNetInvstIncmAmt
Other Expenses Rev And Expnss$18,000OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$18,000OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$21,709TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$21,709TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$8,944,500ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$8,919,500ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$8,966,209TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$21,709TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$8,919,500TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$440,431ExcessRevenueOverExpensesAmt
Net Investment Income$0NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$749,375SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$308,944SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$308,944SavAndTempCashInvstEOYFMVAmt
Total Assets BOY$749,375TotalAssetsBOYAmt
Total Assets EOY$308,944TotalAssetsEOYAmt
Total Assets EOYFMV$308,944TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$749,375RetainedEarningBOYAmt
Retained Earning EOY$308,944RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$749,375TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$308,944TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$749,375TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$308,944TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$749,375TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$440,431ExcessRevenueOverExpensesAmt
Subtotal$308,944SubtotalAmt
Tot Net Ast Or Fund Balances EOY$308,944TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$0InvestmentIncomeExciseTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateLAOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksDENNIS LAUSCHAIndividualWithBooksNm
Phone5047311802PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line15800 AIRLINE DRIVEAddressLine1Txt
CityMETAIRIECityNm
State AbbreviationLAStateAbbreviationCd
ZIP70003ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (5 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
GAYLE BENSON
5800 AIRLINE DRIVEMETAIRIELA70003TRUSTEE000.00$0$0$0
DENNIS LAUSCHA
5800 AIRLINE DRIVEMETAIRIELA70003TRUSTEE000.00$0$0$0
GREGORY C BENSEL
5800 AIRLINE DRIVEMETAIRIELA70003TRUSTEE000.00$0$0$0
S BENJAMIN HALES
5800 AIRLINE DRIVEMETAIRIELA70003TRUSTEE000.00$0$0$0
EDWARD F LANG
5800 AIRLINE DRIVEMETAIRIELA70003TRUSTEE000.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$22,585AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$358,509AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$381,094TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$381,094AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$5,716CashDeemedCharitableAmt
Net Vl Noncharitable Assets$375,378NetVlNoncharitableAssetsAmt
Minimum Investment Return$18,769MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$18,769MinimumInvestmentReturnAmt
Distributable Before Adj$18,769DistributableBeforeAdjAmt
Distributable Before Ded$18,769DistributableBeforeDedAmt
Distributable As Adjusted$18,769DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$8,919,500ExpensesAndContributionsAmt
Qualifying Distributions$8,919,500QualifyingDistributionsAmt
Adjusted Qualifying Distri$8,919,500AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$18,769DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$10,948,484ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$14,191,316ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$14,882,215ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$10,007,803ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$9,512,252ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$59,542,070TotalExcessDistributionCyovAmt
Qualifying Distributions$8,919,500QualifyingDistributionsAmt
Applied To Current Year$18,769AppliedToCurrentYearAmt
Remaining Distri From Corpus$8,900,731RemainingDistriFromCorpusAmt
Total Corpus$68,442,801TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$10,948,484ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$57,494,317ExcessDistriCyovToNextYrAmt
Excess From Year4$14,191,316ExcessFromYear4Amt
Excess From Year3$14,882,215ExcessFromYear3Amt
Excess From Year2$10,007,803ExcessFromYear2Amt
Excess From Year1$9,512,252ExcessFromYear1Amt
Excess From Current Year$8,900,731ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonDENNIS LAUSCHARecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line15800 AIRLINE DRIVEAddressLine1Txt
CityMETAIRIECityNm
State AbbreviationLAStateAbbreviationCd
ZIP70003ZIPCd
FieldValueIRS element (for citing)
Recipient Phone5047311780RecipientPhoneNum
Form And Info And MaterialsNO PRESCRIBED FORMFormAndInfoAndMaterialsTxt
Submission DeadlinesNONESubmissionDeadlinesTxt
Restrictions On AwardsNONERestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (25 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
ACADEMY OF THE SACRED HEART
4521 ST CHARLES AVENUENEW ORLEANSLA70115NONESEC 501(C)(3CHARITABLE$25,000
ARCHDIOCESE OF NEW ORLEANS
7887 WALMSLEY AVENUENEW ORLEANSLA70125NONESEC 501(C)(3CHARITABLE$760,000
BROTHER MARTIN HIGH SCHOOL
4401 ELYSIAN FIELDS AVENEW ORLEANSLA70122NONESEC 501(C)(3CHARITABLE$1,000,000
NEW ORLEANS BALLET ASSOCIATION
935 GRAVIER ST STE 800NEW ORLEANSLA70112NONE501(C)(3)CHARITABLE / EDUCATIONAL$5,000
NEW ORLEANS MUSEUM OF ART
PO BOX 19123NEW ORLEANSLA70179NONE501(C)(3)CHARITABLE$5,000
NOTRE DAME SEMINARY
2901 S CAROLLTON AVENUENEW ORLEANSLA70118NONE501(C)(3)CHARITABLE$210,000
SOUTHERN DOMINICAN PROVINCE
1420 N CAUSEWAY STE 200METAIRIELA70001NONE501(C)(3)CHARITABLE$20,000
ST AUGUSTINE CHURCH
1210 GOVERNOR NICHOLLS STNEW ORLEANSLA70116NONE501(C)(3)CHARITABLE$250,000
ST MICHAEL'S SPECIAL SCHOOL
1522 CHIPPEWA STREETNEW ORLEANSLA70130NONE501(C)(3)CHARITABLE / EDUCATIONAL$100,000
STUART HALL SCHOOL FOR BOYS
2032 S CARROLLTON AVENUENEW ORLEANSLA70118NONE501(C)(3)CHARITABLE$200,000
THE PAPAL FOUNDATION
2501 SEAPORT STE SH300CHESTERPA19013NONE501(C)(3)CHARITABLE$100,000
TULANE UNIVERSITY
1555 POYDRAS SUITE 1000NEW ORLEANSLA70112NONE501(C)(3)CHARITABLE / EDUCATIONAL$850,000
XAVIER UNIVERSITY OF LOUISIANA
1 DREXEL DRIVENEW ORLEANSLA70125NONE501(C)(3)CHARITABLE / EDUCATIONAL$500,000
WYES NEW ORLEANS
916 NAVARRE AVENEW ORLEANSLA70124NONE501(C)(3)CHARITABLE$2,500
DELGADO COMMUNITY COLLEGE
615 CITY PARK AVENEW ORLEANSLA70119NONE501(C)(3)CHARITABLE$250,000
JESUIT HIGH SCHOOL
4133 BANKS STNEW ORLEANSLA70119NONE501(C)(3)CHARITABLE$500,000
HOLY NAME OF JESUS CHURCH
6367 ST CHARLES AVENEW ORLEANSLA70118NONE501(C)(3)CHARITABLE$2,000
UNITED NEGRO COLLEGE FUND INC
1100 POYDRAS ST 1400NEW ORLEANSLA70163NONE501(C)(3)CHARITABLE$200,000
LOYOLA UNIVERSITY NEW ORLEANS
6363 ST CHARLES AVENEW ORLEANSLA70118NONE501(C)(3)CHARITABLE$5,000
GREATER NEW ORLEANS FOUNDATION
919 ST CHARLES AVENEW ORLEANSLA70130NONE501(C)(3)CHARITABLE$1,000,000
SECOND HARVEST FOOD BANK
700 EDWARDS AVENEW ORLEANSLA70123NONE501(C)(3)CHARITABLE$500,000
KINGSLEY HOUSE
1600 CONSTANCE STNEW ORLEANSLA70130NONE501(C)(3)CHARITABLE$200,000
ARCHDIOCEAN SPIRITUALITY CENTER
2501 MAINE AVENUEMETAIRIELA70003NONE501(C)(3)CHARITABLE$10,000
CHILDREN'S HOSPITAL OF MISSISSIPPI
2500 NORTH STATE STREETJACKSONMS39216NONE501(C)(3)CHARITABLE$250,000
GAYLE & TOM BENSON CANCER CENTER
1516 JEFFERSON HWYJEFFERSONLA70121NONE501(C)(3)CHARITABLE$2,000,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$8,944,500TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$555ExclusionAmt

Other Revenue Described OtherRevenueDescribedGrp

FieldValueIRS element (for citing)
DescPATCH SALESDesc
Related Or Exempt Function Incm$80RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$555ExclusionAmt
Related Or Exempt Function Incm$80RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$635TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryJOSEPH V FEUGE PCCategoryTxt
Amt$1,049Amt
Net Investment Income$1,049NetInvestmentIncomeAmt

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

FieldValueIRS element (for citing)
CategorySTONE PIGMANCategoryTxt
Legal Fees$2,660LegalFeesAmt
Net Investment Income$2,660NetInvestmentIncomeAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmt
EXPENSES
CONSULTING FEES$18,000$18,000

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

FieldValueIRS element (for citing)
DescPATCH SALESDesc
Revenue And Expenses Per Books$80RevenueAndExpensesPerBooksAmt