QUITIPLAS FOUNDATION: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- QUITIPLAS FOUNDATION (EIN 26-1622017)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-11-15
- IRS object ID
- 202113199349106526
- Schema version
- 2020v4.1
- 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
- Schedule B
- Depreciation Schedule
- General Explanation Attachment
- Investments Corp Bonds Schedule
- Investments Other Schedule2
- Land Etc Schedule2
- Other Expenses Schedule
- Other Income Schedule2
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-11-15T14:21:15-06:00 | ReturnTs |
| Tax Period End | 2020-12-31 | 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 | ONE HOLLOW LN STE 212 | AddressLine1Txt |
| City | LAKE SUCCESS | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11042 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2020-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 261622017 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Quitiplas Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % Foundation Source | InCareOfNm |
| Business Name Control | QUIT | BusinessNameControlTxt |
| Phone | 8008391754 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Foundation Source 501 Silverside Rd | AddressLine1Txt |
| City | Wilmington | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198091377 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | THOMAS M SCRUGGS JR | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 8008391754 | PhoneNum |
| Signature | 2021-11-10 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | THOMAS M | PersonFirstNm |
| Person Last | SCRUGGS JR | 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 | 2020 | 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 | $14,178,010 | 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 | $7,074,348 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $6,646 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $6,646 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $118,473 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $118,473 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$856,872 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $38,749,224 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $279,453 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $89,018 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $6,622,048 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $214,137 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Interest Rev And Expnss | $34,596 | InterestRevAndExpnssAmt |
| Taxes Rev And Expnss | $28,346 | TaxesRevAndExpnssAmt |
| Deprec And Dpltn Rev And Expnss | $21,109 | DeprecAndDpltnRevAndExpnssAmt |
| Occupancy Rev And Expnss | $9,000 | OccupancyRevAndExpnssAmt |
| Occupancy Dsbrs Chrtbl | $9,000 | OccupancyDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $61,012 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $15,725 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $24,210 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $154,063 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $15,725 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $33,210 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $2,057,399 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $2,057,399 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $2,211,462 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $15,725 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $2,090,609 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $4,410,586 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $198,412 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $1,344,355 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $4,211,251 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $4,211,251 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $1,163,735 | CorporateStockBOYAmt |
| Corporate Bonds BOY | $4,290,718 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $4,473,316 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $4,819,434 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $2,325,123 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $2,650,420 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $2,667,325 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $1,351,117 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $183,054 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $1,189,172 | LandBOYAmt |
| Land EOY | $1,168,063 | LandEOYAmt |
| Land EOYFMV | $2,480,000 | LandEOYFMVAmt |
| Total Assets BOY | $10,313,103 | TotalAssetsBOYAmt |
| Total Assets EOY | $12,503,050 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $14,178,010 | TotalAssetsEOYFMVAmt |
| Mortgages And Notes Payable BOY | $2,220,639 | MortgagesAndNotesPayableBOYAmt |
| Total Liabilities BOY | $2,220,639 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $8,092,464 | RetainedEarningBOYAmt |
| Retained Earning EOY | $12,503,050 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $8,092,464 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $12,503,050 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $10,313,103 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $12,503,050 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $8,092,464 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $4,410,586 | ExcessRevenueOverExpensesAmt |
| Subtotal | $12,503,050 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $12,503,050 | 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 | $38,749,224 | $39,613,976 | -$864,752 | -$864,752 |
| Passthrough K1 Capital Gain/(Loss) | $2,526 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$862,226 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $2,758 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $2,758 | SubtotalAmt |
| Tax Based On Investment Income | $2,758 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $13,803 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Total Payments And Credits | $13,803 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Overpayment | $11,045 | OverpaymentAmt |
| Applied To ES Tax | $2,800 | AppliedToESTaxAmt |
| Refund | $8,245 | RefundAmt |
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 | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| 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 |
| Org Report Or Register State | MD | 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 |
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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Thomas M Scruggs Jr | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Foundation Source 501 Silverside Rd | AddressLine1Txt |
| City | Wilmington | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198091377 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | Pres, Dir, Sec | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 20.0 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $0 | CompensationAmt |
| Employee Benefit Program | $0 | EmployeeBenefitProgramAmt |
| Expense Account Other Allwnc | $0 | ExpenseAccountOtherAllwncAmt |
| 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 | $4,818,498 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $6,515,555 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $2,636,184 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $13,970,237 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $1,110,121 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $12,860,116 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $192,902 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $12,667,214 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $633,361 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $633,361 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $2,758 | TaxBasedOnInvestmentIncomeAmt |
| Income Tax | $32,597 | IncomeTaxAmt |
| Total Tax | $35,355 | TotalTaxAmt |
| Distributable Before Adj | $598,006 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $598,006 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $598,006 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $2,090,609 | 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 | $2,090,609 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $2,090,609 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $598,006 | DistributableAsAdjustedAmt |
| Prior Year1 | 2018 | PriorYear1Yr |
| Prior Year2 | 2017 | PriorYear2Yr |
| Prior Year3 | 2016 | PriorYear3Yr |
| Excess Distribution Cyov Yr5 | $380,907 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $1,279,102 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr2 | $132,235 | ExcessDistributionCyovYr2Amt |
| Total Excess Distribution Cyov | $1,792,244 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $2,090,609 | QualifyingDistributionsAmt |
| Applied To Current Year | $598,006 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $1,492,603 | RemainingDistriFromCorpusAmt |
| Total Corpus | $3,284,847 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $380,907 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $2,903,940 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $1,279,102 | ExcessFromYear4Amt |
| Excess From Year2 | $132,235 | ExcessFromYear2Amt |
| Excess From Current Year | $1,492,603 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | Thomas M Scruggs Jr | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (8 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| BAY NATURE INSTITUTE | |||||||
| 1328 6TH ST STE 2 | BERKELEY | CA | 94710 | N/A | PC | General & Unrestricted | $5,000 |
| CULTURAL SURVIVAL INC | |||||||
| 2067 MASSACHUSETTS AVE | CAMBRIDGE | MA | 02140 | N/A | PC | General & Unrestricted | $150,000 |
| HEYDAY | |||||||
| PO BOX 9145 | BERKELEY | CA | 94709 | N/A | PC | General & Unrestricted | $30,000 |
| INDEPENDENT WORLD TELEVISION INC | |||||||
| 231 HOLLIDAY ST | BALTIMORE | MD | 21202 | N/A | PC | General & Unrestricted | $1,540,399 |
| INSTITUTE FOR PUBLIC AFFAIRS | |||||||
| 2040 N MILWAUKEE 2NDFL | CHICAGO | IL | 60647 | N/A | PC | General & Unrestricted | $100,000 |
| PROGRESSIVE INC | |||||||
| PO BOX 1021 | MADISON | WI | 53701 | N/A | PC | General & Unrestricted | $50,000 |
| TRUTHOUT | |||||||
| PO BOX 276414 | SACRAMENTO | CA | 95827 | N/A | PC | General & Unrestricted | $150,000 |
| WOMEN MAKE MOVIES INC | |||||||
| 115 W 29TH ST STE 1200 | NEW YORK | NY | 10001 | N/A | PC | Fund for the film MAESTRA, led by Catherine Murphy | $32,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $2,057,399 | 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 | $6,646 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $118,473 | 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) |
|---|---|---|
| Business | 525990 | BusinessCd |
| Unrelated Business Taxbl Incm | $5,354 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$862,226 | 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 | $188,377 | 14 | $89,088 |
| Federal Tax Refund | 01 | $1,888 | ||
| STATE TAX REFUND | 01 | $100 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $193,731 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | -$646,031 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | -$452,300 | 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 | Scruggs Jr Thomas M | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 790 San Luis Road | AddressLine1Txt |
| City | Berkeley | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94707 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $7,074,348 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (3 entries)
| PropertyPropertyDesc | Cost Or Other BasisCostOrOtherBasisAmt | Prior Year DepreciationPriorYearDepreciationAmt | Computation MethodComputationMethodTxt | LifeLifeRt | Current Year ExpenseCurrentYearExpenseAmt |
|---|---|---|---|---|---|
| HOLLIDAY ST - BLDG | $817,543 | $158,828 | SL | 39 | $20,697 |
| HOLLIDAY ST - IMPR | $16,269 | $3,117 | SL | 39 | $412 |
| HOLLIDAY ST - LAND | $517,305 | L |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Part I Line 6a | IdentifierTxt |
| Form And Line Reference | Part I Line 6a | FormAndLineReferenceDesc |
| Medium Explanation | RECONCILIATION OF NET GAIN/(LOSS) FROM SALES OF ASSETS NOT INCLUDED IN PART IV TOTAL INCLUDED IN PART IV: (DETAILS BELOW) NET GAIN/(LOSS): $(862,226) TOTAL NOT INCLUDED IN PART IV: PASSTHROUGH K-1 CAPITAL GAIN/(LOSS) - UBI NET GAIN/(LOSS): $5,354 TOTAL PART I, LINE 6A: $(856,872) DETAILS OF ASSETS INCLUDED IN PART IV: PUBLICLY-TRAIDED SECURITIES GROSS SALES PRICE: $38,749,224 BOOK BASIS: $39,613,976 NET GAIN/(LOSS): $(864,752) PASSTHROUGH K-1 CAPITAL GAIN/(LOSS) - NON UBI NET GAIN/(LOSS): $2,526 | MediumExplanationTxt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (8 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| ARGENTINA (REPUBLIC OF) M/W CL | $483,405 | $205,349 |
| CREDIT SUISSE - 0.000% - 12/24 | $886,000 | $1,175,722 |
| MORGAN STANLEY FINANCE TAR--S | $800,000 | $972,400 |
| REPUBLIC OF ARGENTINA - 0.125% | $274,758 | $216,068 |
| REPUBLIC OF ARGENTINA - 1.000% | $29,153 | $28,896 |
| ROYAL BANK OF CANADA - 0.000% | $1,000,000 | $1,222,999 |
| BANK OF NOVA SCOTIA 12/28/2023 | $500,000 | $503,500 |
| GS FIN CORP 7-AM 12/28/2023 | $500,000 | $494,500 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (5 entries)
| Category Or ItemCategoryOrItemTxt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| ALPHAKEYS MILLENNIUM FUND III | $1,335,535 | $1,332,275 |
| BLACKSTONE REAL ESTATE INCOME | $1,154,978 | $1,259,076 |
| CARLYLE CGI ELECTING INVS A, L | $79,422 | $37,734 |
| CARLYLE CGI ELECTING INVS C, L | $78,280 | $37,192 |
| CARLYLE GLOBAL INFRASTRUCTURE | $2,205 | $1,048 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (3 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|---|
| HOLLIDAY ST - BLDG | $817,543 | $179,525 | $638,018 | $1,959,931 |
| HOLLIDAY ST - IMPR | $16,269 | $3,529 | $12,740 | $16,269 |
| HOLLIDAY ST - LAND | $517,305 | $517,305 | $503,800 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (7 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| Administrative Fees | $24,000 | $24,000 | |
| Bank Charges | $178 | $178 | |
| K-1 Exp ALPHAKEYS MILLENNIUM F | $29,911 | $9,558 | |
| K-1 Exp BROOKFIELD INFRASTRUCT | $795 | $71 | |
| K-1 Exp CARLYLE GLOBAL INFRAST | $2,802 | $2,802 | |
| State or Local Filing Fees | $210 | $210 | |
| INVESTMENT EXPENSES | $3,116 | $3,116 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| K-1 Inc/Loss ALPHAKEYS MILLENNIUM FUND III LLC | $277,332 | $88,885 |
| K-1 Inc/Loss BROOKFIELD INFRASTRUCTURE PARTNERS LP | $124 | $124 |
| K-1 Inc/Loss CARLYLE GLOBAL INFRASTRUCTURE OPPORTU | $9 | $9 |
| Federal Tax Refund | $1,888 | |
| State UBTI Tax Refund | $100 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt |
|---|---|
| 990-PF Estimated Tax for 2020 | $11,800 |
| 990-T Extension for 2019 | $12,025 |
| 990-T Income Tax for 2019 | $4,521 |