BETHANY ASPLUNDH FAMILY FOUNDATION: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- BETHANY ASPLUNDH FAMILY FOUNDATION (EIN 84-4471935)
- Tax period
- 2020-01-23 to 2020-12-31
- Filed
- 2021-12-16
- IRS object ID
- 202113509349100606
- 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
- Investments Corp Stock Schedule
- Liquidation Explanation Stmt
- Other Expenses Schedule
- Reasonable Cause Explanation
- Substantial Contributors Sch
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-12-16T11:11:37-06:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
| Disaster Relief | NEW YORK-HURRICANE IDA | DisasterReliefTxt |
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 | 2020-01-23 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 844471935 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Bethany Asplundh Family Foundation DBA | BusinessNameLine1Txt |
| Business Name Line2 | Bendita Foundation | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % Foundation Source | InCareOfNm |
| Business Name Control | 0 | 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 | BETHANY ASPLUNDH | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 8008391754 | PhoneNum |
| Signature | 2021-12-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | BETHANY | PersonFirstNm |
| Person Last | ASPLUNDH | 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) |
|---|---|---|
| Initial Return | Yes (X) | InitialReturnInd |
| Name Change | Yes (X) | NameChangeInd |
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $1,472,027 | 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 | $967,855 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $53 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $53 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $4,514 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $4,514 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $28,322 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $126,049 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $71,287 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $1,000,744 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $75,854 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Taxes Rev And Expnss | $1,857 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $57 | TaxesNetInvstIncmAmt |
| Trav Conf Meeting Rev And Expnss | $159 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $159 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $12,692 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $14 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $12,678 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $14,708 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $71 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $12,837 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $104,316 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $104,316 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $119,024 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $71 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $117,153 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $881,720 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $75,783 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst EOY | $34,277 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $34,277 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock EOY | $847,443 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $1,437,750 | CorporateStockEOYFMVAmt |
| Corporate Bonds EOYFMV | $0 | CorporateBondsEOYFMVAmt |
| Total Assets BOY | $0 | TotalAssetsBOYAmt |
| Total Assets EOY | $881,720 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $1,472,027 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning EOY | $881,720 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $0 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $881,720 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $0 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $881,720 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $0 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $881,720 | ExcessRevenueOverExpensesAmt |
| Subtotal | $881,720 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $881,720 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | Publicly-traded Securities | PropertyDesc |
| Gross Sales Price | $126,049 | GrossSalesPriceAmt |
| Cost Or Other Basis | $54,762 | CostOrOtherBasisAmt |
| Gain Or Loss | $71,287 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $71,287 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $71,287 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $1,053 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $1,053 | SubtotalAmt |
| Tax Based On Investment Income | $1,053 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $1,800 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Total Payments And Credits | $1,800 | TotalPaymentsAndCreditsAmt |
| Overpayment | $747 | OverpaymentAmt |
| Applied To ES Tax | $747 | 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 | 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 |
| Website Address | N/A | WebsiteAddressTxt |
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 | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Bethany Asplundh | 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 | Dir, Pres, Sec, Treas | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 1.0 | 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 | $902,760 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $35,372 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $938,132 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $938,132 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $14,072 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $924,060 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $43,426 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $43,426 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $1,053 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $1,053 | TotalTaxAmt |
| Distributable Before Adj | $42,373 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $42,373 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $42,373 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $117,153 | 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 | $117,153 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $117,153 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $42,373 | DistributableAsAdjustedAmt |
| Prior Year1 | 2018 | PriorYear1Yr |
| Prior Year2 | 2017 | PriorYear2Yr |
| Prior Year3 | 2016 | PriorYear3Yr |
| Qualifying Distributions | $117,153 | QualifyingDistributionsAmt |
| Applied To Current Year | $42,373 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $74,780 | RemainingDistriFromCorpusAmt |
| Total Corpus | $74,780 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $74,780 | ExcessDistriCyovToNextYrAmt |
| Excess From Current Year | $74,780 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | Bethany Asplundh | 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 |
|---|---|---|---|---|---|---|---|
| ABINGTON MEMORIAL HOSPITAL FOUNDATION | |||||||
| 1101 MARKET ST STE 2004 | PHILADELPHIA | PA | 19107 | N/A | PC | Asplundh Cancer Pavilion | $5,000 |
| AMERICAN CIVIL LIBERTIES FOUNDATION OF PA INC | |||||||
| PO BOX 60173 | PHILADELPHIA | PA | 19102 | N/A | PC | General & Unrestricted | $20,016 |
| ARDEN THEATRE COMPANY | |||||||
| 40 N 2ND ST | PHILADELPHIA | PA | 19106 | N/A | PC | General & Unrestricted | $2,000 |
| CAMPHILL SPECIAL SCHOOL INC | |||||||
| 1784 FAIRVIEW RD | GLENMOORE | PA | 19343 | N/A | PC | General & Unrestricted | $5,000 |
| CAMPHILL SPECIAL SCHOOL INC | |||||||
| 1784 FAIRVIEW RD | GLENMOORE | PA | 19343 | N/A | PC | to purchase a marimba for the school | $5,000 |
| CITIZEN ADVOCACY OF CHESTER COUNTY | |||||||
| 205 CHURCH ST | PHOENIXVILLE | PA | 19460 | N/A | PC | Charitable Event | $200 |
| EQUAL JUSTICE INITIATIVE | |||||||
| 122 COMMERCE ST | MONTGOMERY | AL | 36104 | N/A | PC | General & Unrestricted | $10,000 |
| GEORGES MALAIKA FOUNDATION INCORPORATED | |||||||
| 244 5TH AVE STE N225 | NEW YORK | NY | 10001 | N/A | PC | General & Unrestricted | $4,500 |
| KIMBERTON FIRE COMPANY | |||||||
| PO BOX 99 | KIMBERTON | PA | 19442 | N/A | PC | General & Unrestricted | $100 |
| LANTERN THEATER COMPANY | |||||||
| PO BOX 53428 | PHILADELPHIA | PA | 19105 | N/A | PC | Reparations -the play | $15,000 |
| PARTNERS IN HEALTH A NONPROFIT CORPORATION | |||||||
| PO BOX 996 | FREDERICK | MD | 21705 | N/A | PC | General & Unrestricted | $5,000 |
| SAFEBAE ORG | |||||||
| 32 BROAD COVE RD | CAPE ELIZ | ME | 04107 | N/A | PC | General & Unrestricted | $2,000 |
| SISTER SONG INC | |||||||
| 1237 RALPH D ABERNATHY BLVD SW | ATLANTA | GA | 30310 | N/A | PC | General & Unrestricted | $10,000 |
| THE AARK WILDLIFE REHABILITATION AND EDUCATION CTR | |||||||
| 1531 UPPER STUMP RD | CHALFONT | PA | 18914 | N/A | PC | General & Unrestricted | $500 |
| THE CHILDRENS HOSPITAL OF PHILADELPHIA FOUNDATION | |||||||
| PO BOX 781352 | PHILADELPHIA | PA | 19178 | N/A | PC | Sponsorship of Integrative Medicine Program at CHOP | $10,000 |
| WILDAID INC | |||||||
| 333 PINE ST STE 300 | SAN FRANCISCO | CA | 94104 | N/A | PC | General & Unrestricted | $5,000 |
| WORLD CENTRAL KITCHEN INCORPORATED | |||||||
| 655 NEW YORK AVE NW 6TH FL | WASHINGTON | DC | 20001 | N/A | PC | General & Unrestricted | $5,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $104,316 | 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 | $53 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $4,514 | 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 | $28,322 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $32,889 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $32,889 | 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 | Asplundh Bethany | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4039 Pickering Dam Rd | AddressLine1Txt |
| City | Phoenixville | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19460 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $967,855 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
| Noncash Contribution | Yes (X) | NoncashContributionInd |
Non Cash Property Contribution NonCashPropertyContributionGrp (106 entries)
| ContributorContributorNum | Noncash PropertyNoncashPropertyDesc | Fair Market ValueFairMarketValueAmt | ReceivedReceivedDt |
|---|---|---|---|
| 1 | NLIGHT INC LASR, 99 sh. | $1,303 | 2020-04-21 |
| 1 | THOR INDS INC THO, 36 sh. | $1,849 | 2020-04-21 |
| 1 | PAYCOM SOFTWARE PAYC, 130 sh. | $27,460 | 2020-04-21 |
| 1 | ZOOM VIDEO COMMUNICATIONS INC ZM, 8 sh. | $1,172 | 2020-04-21 |
| 1 | NEXTERA ENERGY, INC NEE, 60 sh. | $14,077 | 2020-04-21 |
| 1 | JOHN BEAN TECH CORP JBT, 37 sh. | $2,604 | 2020-04-21 |
| 1 | TELADOC INC TDOC, 36 sh. | $6,391 | 2020-04-21 |
| 1 | PAYPAL HOLDINGS, INC PYPL, 517 sh. | $56,937 | 2020-04-21 |
| 1 | ALARM.COM HOLDINGS INC ALRM, 73 sh. | $3,172 | 2020-04-21 |
| 1 | TEMENOS GROUP AG TMSNY, 9 sh. | $1,122 | 2020-04-21 |
| 1 | AFK AFK, 32 SH. | $433 | 2020-04-21 |
| 1 | JONES LANG LASALLE JLL, 28 sh. | $2,762 | 2020-04-21 |
| 1 | ATLASSIAN CORP PLC TEAM, 15 sh. | $2,235 | 2020-04-21 |
| 1 | SQUARE INC SQ, 100 sh. | $5,865 | 2020-04-21 |
| 1 | PENUMBRA INC PEN, 14 sh. | $2,502 | 2020-04-21 |
| 1 | ALPHABET INC CL C GOOG, 37 sh. | $45,584 | 2020-04-21 |
| 1 | LCI INDUSTRIES LCII, 41 sh. | $2,980 | 2020-04-21 |
| 1 | EVERBRIDGE INC EVBG, 48 sh. | $5,781 | 2020-04-21 |
| 1 | YUM CHINA HOLDINGS INC YUMC, 43 sh. | $1,917 | 2020-04-21 |
| 1 | THE TRADE DESK INC TTD, 150 sh. | $33,476 | 2020-04-21 |
| 1 | Talend S.A. TLND, 50 sh. | $1,229 | 2020-04-21 |
| 1 | WASTE CONNECTIONS WCN, 13 sh. | $1,101 | 2020-04-21 |
| 1 | VARIAN MEDICAL SYSTEMS INC VAR, 16 sh. | $1,705 | 2020-04-21 |
| 1 | COSTCO WHOLESALE CORPORATION COST, 60 sh. | $18,337 | 2020-04-21 |
| 1 | SLACK TECHNOLOGIES CLASS A ORD SHS WORK, 9 sh. | $252 | 2020-04-21 |
| 1 | CHARLOTTES WEB HOL CWBHF, 100 sh. | $419 | 2020-04-21 |
| 1 | BOOKING HOLDINGS INC BKNG, 13 sh. | $17,583 | 2020-04-21 |
| 1 | APPIAN CORPORATION APPN, 50 sh. | $2,037 | 2020-04-21 |
| 1 | SCHLUMBERGER LTD SLB, 28 sh. | $420 | 2020-04-21 |
| 1 | NETFLIX INC NFLX, 150 sh. | $65,445 | 2020-04-21 |
| 1 | BROOKFIELD ASSET MANAGEMENT CL A BAM, 87 sh. | $2,806 | 2020-04-21 |
| 1 | PROTO LABS INC PRLB, 21 sh. | $1,663 | 2020-04-21 |
| 1 | IPG PHOTONICS CORP IPGP, 144 sh. | $16,322 | 2020-04-21 |
| 1 | INTERNATIONAL BUSINESS MACHINES IBM, 64 sh. | $7,335 | 2020-04-21 |
| 1 | TENCENT HOLDINGS LIMITED TCEHY, 47 sh. | $2,413 | 2020-04-21 |
| 1 | HCA INC HCA, 120 sh. | $12,891 | 2020-04-21 |
| 1 | NOVO NORDISK A S NVO, 40 sh. | $2,562 | 2020-04-21 |
| 1 | FANUC LIMITED UNSPONSORED FANUY, 58 sh. | $780 | 2020-04-21 |
| 1 | BROADRIDGE FINANCIAL BR, 139 sh. | $14,879 | 2020-04-21 |
| 1 | XILINX INC XLNX, 25 sh. | $2,180 | 2020-04-21 |
| 1 | HILL-ROM HOLDINGS, INC HRC, 7 sh. | $775 | 2020-04-21 |
| 1 | ABB LTD ABB, 48 sh. | $818 | 2020-04-21 |
| 1 | SKYWORKS SOLUTIONS, INC SWKS, 50 sh. | $4,506 | 2020-04-21 |
| 1 | WATSCO INC WSO, 24 sh. | $3,507 | 2020-04-21 |
| 1 | NVIDIA CORP NVDA, 50 sh. | $13,797 | 2020-04-21 |
| 1 | RESMED INC RMD, 20 sh. | $3,180 | 2020-04-21 |
| 1 | FAIR ISSAC & CO INC FICO, 6 sh. | $1,766 | 2020-04-21 |
| 1 | CNA FINANCIAL CORPORATION CNA, 61 sh. | $1,907 | 2020-04-21 |
| 1 | NESTLE S.A NSRGY, 18 sh. | $1,954 | 2020-04-21 |
| 1 | HOWARD HUGHES CORPORATION HHC, 58 sh. | $2,818 | 2020-04-21 |
| 1 | SPLUNK INC SPLK, 374 sh. | $47,840 | 2020-04-21 |
| 1 | GENTEX CORPORATION GNTX, 118 sh. | $2,673 | 2020-04-21 |
| 1 | PALO ALTO NETWORKS INC PANW, 72 sh. | $13,629 | 2020-04-21 |
| 1 | ILLINOIS TOOL WORKS ITW, 7 sh. | $1,059 | 2020-04-21 |
| 1 | VIVENDI SA VIVHY, 110 sh. | $2,422 | 2020-04-21 |
| 1 | SABRE CORPORATION SABR, 102 sh. | $564 | 2020-04-21 |
| 1 | SOFTBANK CP UNSP ADR SFTBY, 95 sh. | $1,995 | 2020-04-21 |
| 1 | STARBUCKS CORP COM SBUX, 284 sh. | $20,689 | 2020-04-21 |
| 1 | STAG INDUSTRIAL INC STAG, 115 sh. | $2,843 | 2020-04-21 |
| 1 | COOPER COMPANIES INC COO, 15 sh. | $4,413 | 2020-04-21 |
| 1 | KINDER MORGAN INC KMI, 500 sh. | $7,173 | 2020-04-21 |
| 1 | EASTMAN CHEMICAL CO EMN, 65 sh. | $3,421 | 2020-04-21 |
| 1 | MCCORMICK & CO MKC, 13 sh. | $1,986 | 2020-04-21 |
| 1 | WALT DISNEY HOLDINGS CO DIS, 120 sh. | $12,038 | 2020-04-21 |
| 1 | SPDR S&P 500 ETF TRUST SPY, 2 sh. | $550 | 2020-04-21 |
| 1 | ANHEUSER BUSCH COS INC BUD, 19 sh. | $809 | 2020-04-21 |
| 1 | UNIVERSAL DISPLAY CORP OLED, 50 sh. | $6,704 | 2020-04-21 |
| 1 | CME GROUP, INC CME, 15 sh. | $2,651 | 2020-04-21 |
| 1 | BANCO LATINOAMERICANO DE COMERCIO EXTER BLX, 84 sh. | $887 | 2020-04-21 |
| 1 | XPO LOGISTICS INC XPO, 59 sh. | $3,380 | 2020-04-21 |
| 1 | ACTIVISION BLIZZARD INC ATVI, 150 sh. | $9,901 | 2020-04-21 |
| 1 | SVB FINANCIAL GROUP SIVB, 13 sh. | $2,189 | 2020-04-21 |
| 1 | TYLER TECHNOLOGIES, INC TYL, 9 sh. | $2,854 | 2020-04-21 |
| 1 | SALESFORCE.COM CRM, 265 sh. | $40,822 | 2020-04-21 |
| 1 | MERCADOLIBRE, INC MELI, 59 sh. | $34,224 | 2020-04-21 |
| 1 | WISDOMTREE EUROPE SMALLCAP DIVIDEND DFE, 79 sh. | $3,292 | 2020-04-21 |
| 1 | MEDTRONIC PLC MDT, 27 sh. | $2,673 | 2020-04-21 |
| 1 | LAKELAND FINANCIAL CORPORATION LKFN, 58 sh. | $2,082 | 2020-04-21 |
| 1 | ISHARES MSCI-SOUTH KOREA EWY, 26 sh. | $1,260 | 2020-04-21 |
| 1 | WISDOMTREE EM MKTS DGS, 58 sh. | $2,009 | 2020-04-21 |
| 1 | APPLIED MATERIALS INC AMAT, 175 sh. | $8,598 | 2020-04-21 |
| 1 | INTUIT INTU, 65 sh. | $16,487 | 2020-04-21 |
| 1 | BIOMARIN PHARMACEUTICAL INC BMRN, 222 sh. | $20,404 | 2020-04-21 |
| 1 | CARDLYTICS CDLX, 36 sh. | $1,445 | 2020-04-21 |
| 1 | HENRY JACK & ASSOC INC JKHY, 7 sh. | $1,119 | 2020-04-21 |
| 1 | TAIWAN SEMICONDUCTOR MFG CO LTD TSM, 34 sh. | $1,740 | 2020-04-21 |
| 1 | HUBSPOT INC HUBS, 3 sh. | $414 | 2020-04-21 |
| 1 | FAST RETAILING CO LT FRCOY, 25 sh. | $1,099 | 2020-04-21 |
| 1 | FACEBOOK INC FB, 75 sh. | $12,890 | 2020-04-21 |
| 1 | ZENDESK INC ZEN, 236 sh. | $16,272 | 2020-04-21 |
| 1 | VARONIS SYSTEMS INC VRNS, 18 sh. | $1,143 | 2020-04-21 |
| 1 | HDFC BANK LTD ADR HDB, 62 sh. | $2,441 | 2020-04-21 |
| 1 | PAYLOCITY CORP PCTY, 21 sh. | $1,843 | 2020-04-21 |
| 1 | ALIBABA GROUP HOLDING LTD BABA, 11 sh. | $2,294 | 2020-04-21 |
| 1 | NEWMARK GROUP INC NMRK, 158 sh. | $537 | 2020-04-21 |
| 1 | GRUBHUB INC GRUB, 160 sh. | $6,505 | 2020-04-21 |
| 1 | AMAZON COM AMZN, 37 sh. | $87,097 | 2020-04-21 |
| 1 | ISHARES TRUST CORE MSCI EUROPE IEUR, 101 sh. | $3,798 | 2020-04-21 |
| 1 | INTEL CORP INTC, 200 sh. | $11,453 | 2020-04-21 |
| 1 | MONGODB INC CL A MDB, 150 sh. | $23,208 | 2020-04-21 |
| 1 | WISDOM TREE JAP SM CAP DIV DFJ, 76 sh. | $4,388 | 2020-04-21 |
| 1 | HESKA CORPORATION HSKA, 22 sh. | $1,331 | 2020-04-21 |
| 1 | OVERSTOCK COM INC OSTK, 100 sh. | $1,062 | 2020-04-21 |
| 1 | APPLE INC AAPL, 80 sh. | $21,707 | 2020-04-21 |
| 1 | MASTERCARD INC MA, 70 sh. | $17,272 | 2020-04-21 |
| 1 | ARISTA NETWORKS ANET, 50 sh. | $10,268 | 2020-04-21 |
Depreciation Schedule DepreciationSchedule
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (108 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| ABB LTD | $818 | $1,342 |
| ACTIVISION BLIZZARD INC | $9,901 | $13,928 |
| AFK | $433 | $652 |
| ALARM.COM HOLDINGS INC | $3,172 | $7,552 |
| ALIBABA GROUP HOLDING LTD | $2,294 | $2,560 |
| ALPHABET INC CL C | $45,583 | $64,820 |
| AMAZON COM | $63,557 | $87,937 |
| ANHEUSER BUSCH COS INC | $809 | $1,328 |
| APPIAN CORPORATION | $2,037 | $8,105 |
| APPLE INC | $21,707 | $42,461 |
| APPLIED MATERIALS INC | $8,598 | $15,103 |
| ARISTA NETWORKS | $10,268 | $14,529 |
| ASML HOLDING NV NY REG SHS | $2,315 | $2,926 |
| ATLASSIAN CORP PLC | $2,235 | $3,508 |
| BANCO LATINOAMERICANO DE COMER | $887 | $1,330 |
| BIOMARIN PHARMACEUTICAL INC | $20,404 | $19,467 |
| BOOKING HOLDINGS INC | $17,583 | $28,955 |
| BROADRIDGE FINANCIAL | $14,879 | $21,295 |
| BROOKFIELD ASSET MANAGEMENT CL | $2,806 | $3,590 |
| CARDLYTICS | $1,445 | $5,140 |
| CHARLOTTES WEB HOL | $419 | $330 |
| CME GROUP, INC | $2,651 | $2,731 |
| CNA FINANCIAL CORPORATION | $1,907 | $2,377 |
| COOPER COMPANIES INC | $4,413 | $5,450 |
| COSTCO WHOLESALE CORPORATION | $18,337 | $22,607 |
| EASTMAN CHEMICAL CO | $3,421 | $6,518 |
| EVERBRIDGE INC | $5,781 | $7,155 |
| FACEBOOK INC | $12,890 | $20,487 |
| FAIR ISSAC & CO INC | $1,766 | $3,066 |
| FANUC LIMITED UNSPONSORED | $780 | $1,432 |
| FAST RETAILING CO LT | $1,099 | $2,247 |
| GENTEX CORPORATION | $2,673 | $4,004 |
| GRUBHUB INC | $6,505 | $11,883 |
| HCA INC | $12,891 | $19,735 |
| HDFC BANK LTD ADR | $2,441 | $4,480 |
| HENRY JACK & ASSOC INC | $1,119 | $1,134 |
| HESKA CORPORATION | $1,331 | $3,204 |
| HILL-ROM HOLDINGS, INC | $775 | $686 |
| HOWARD HUGHES CORPORATION | $2,818 | $4,578 |
| HUBSPOT INC | $414 | $1,189 |
| ILLINOIS TOOL WORKS | $1,059 | $1,427 |
| INTEL CORP | $11,453 | $9,964 |
| INTERNATIONAL BUSINESS MACHINE | $7,335 | $8,056 |
| INTUIT | $16,487 | $24,690 |
| IPG PHOTONICS CORP | $16,322 | $32,226 |
| ISHARES MSCI-SOUTH KOREA | $1,260 | $2,237 |
| ISHARES TRUST CORE MSCI EUROPE | $3,798 | $5,179 |
| JOHN BEAN TECH CORP | $2,604 | $4,213 |
| JONES LANG LASALLE | $2,762 | $4,154 |
| KINDER MORGAN INC | $7,173 | $6,835 |
| LAKELAND FINANCIAL CORPORATION | $2,082 | $3,108 |
| LCI INDUSTRIES | $2,980 | $5,317 |
| MASTERCARD INC | $17,272 | $24,986 |
| MCCORMICK & CO | $1,986 | $2,486 |
| MEDTRONIC PLC | $2,673 | $3,163 |
| MERCADOLIBRE, INC | $34,224 | $98,837 |
| MONGODB INC CL A | $23,208 | $53,856 |
| NESTLE S.A | $1,954 | $2,120 |
| NETFLIX INC | $43,629 | $54,073 |
| NEWMARK GROUP INC | $537 | $1,152 |
| NEXTERA ENERGY, INC | $14,077 | $18,516 |
| NLIGHT INC | $1,303 | $3,232 |
| NOVO NORDISK A S | $2,562 | $2,794 |
| NVIDIA CORP | $13,797 | $26,110 |
| OVERSTOCK COM INC | $1,062 | $4,797 |
| PALO ALTO NETWORKS INC | $13,629 | $25,588 |
| PAYCOM SOFTWARE | $27,460 | $58,793 |
| PAYLOCITY CORP | $1,843 | $4,324 |
| PAYPAL HOLDINGS, INC | $34,911 | $74,241 |
| PENUMBRA INC | $2,502 | $2,450 |
| PROTO LABS INC | $1,663 | $3,221 |
| RESMED INC | $3,180 | $4,251 |
| SABRE CORPORATION | $564 | $1,226 |
| SALESFORCE.COM | $40,822 | $58,970 |
| SCHLUMBERGER LTD | $420 | $611 |
| SKYWORKS SOLUTIONS, INC | $4,506 | $7,644 |
| SLACK TECHNOLOGIES CLASS A ORD | $252 | $380 |
| SOFTBANK CP UNSP ADR | $1,995 | $3,673 |
| SPDR S&P 500 ETF TRUST | $550 | $748 |
| SPLUNK INC | $28,653 | $38,055 |
| SQUARE INC | $5,865 | $21,764 |
| STAG INDUSTRIAL INC | $2,843 | $3,602 |
| STARBUCKS CORP COM | $20,689 | $30,382 |
| SVB FINANCIAL GROUP | $2,189 | $5,042 |
| TAIWAN SEMICONDUCTOR MFG CO LT | $1,740 | $3,707 |
| TALEND S.A. | $1,229 | $1,917 |
| TELADOC INC | $6,391 | $7,199 |
| TEMENOS GROUP AG | $1,122 | $1,275 |
| TENCENT HOLDINGS LIMITED | $2,413 | $3,379 |
| THE TRADE DESK INC | $22,318 | $80,100 |
| THOR INDS INC | $1,849 | $3,348 |
| TYLER TECHNOLOGIES, INC | $2,854 | $3,929 |
| UNIVERSAL DISPLAY CORP | $6,704 | $11,490 |
| VARIAN MEDICAL SYSTEMS INC | $1,705 | $2,800 |
| VARONIS SYSTEMS INC | $1,143 | $2,945 |
| VIVENDI SA | $2,422 | $3,531 |
| WALT DISNEY HOLDINGS CO | $12,038 | $21,742 |
| WASTE CONNECTIONS | $1,101 | $1,333 |
| WATSCO INC | $3,507 | $5,437 |
| WISDOM TREE JAP SM CAP DIV | $4,388 | $5,512 |
| WISDOMTREE EM MKTS | $2,009 | $2,768 |
| WISDOMTREE EUROPE SMALLCAP DIV | $3,292 | $5,100 |
| XILINX INC | $2,180 | $3,544 |
| XPO LOGISTICS INC | $3,380 | $7,033 |
| YUM CHINA HOLDINGS INC | $1,917 | $2,455 |
| ZENDESK INC | $16,272 | $33,776 |
| ZOOM VIDEO COMMUNICATIONS INC | $1,172 | $2,699 |
| OVERSTOCK COM INC DEL PFD VTG | $417 |
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: Typically, a finding of a substantial contraction of assets is made by reference to the fair market value of a foundation's net assets on the first day of its calendar year. However, the taxable year ending December 31, 2020 was the year in which the Foundation received its initial endowment and the finding of a substantial contraction in this case was made by reference to the fair market value of the Foundation's assets on the date that it received its initial endowment. Accordingly, the degree of contraction of the Foundation's net assets may have been exaggerated. During the taxable year ending December 31, 2020, the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled $104,316 or more of the Foundation's net assets of $10,000 (as measured by fair market value) on the day that the Foundation received its initial endowment in the Foundation's taxable year ending December 31, 2020. 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 XV, Line 3a; each such grant was made solely for the charitable purpose specified therein. | ExplanationTxt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (8 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| Administrative Fees | $7,069 | $7,069 | |
| ADMINISTRATIVE SET-UP FEES | $4,400 | $4,400 | |
| Bank Charges | $14 | $14 | |
| Delaware Incorporation Fees | $500 | $500 | |
| IRS Application Fees | $600 | $600 | |
| POSTAGE/DELIVERY SERVICE | $10 | $10 | |
| NOTARY FEES | $24 | $24 | |
| STATE FILING FEES | $75 | $75 |
Reasonable Cause Explanation ReasonableCauseExplanation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | Bethany Asplundh Family Foundation DBA Bendita Foundation (EIN: 84-4471935) respectfully requests abatement of any penalties for late filing of Form 990-PF for taxable year ending December 31, 2020 because the delay was inadvertent, unintended, and due to reasonable causes. Treasury Regulations Section 301.6651-1(c)(1) defines reasonable cause by asking whether the taxpayer exercised ordinary business care and prudence. The Foundation exercised care and prudence in seeking a reputable firm knowledgeable about exempt organizations to prepare its Form 990-PF for tax period ending 12/31/2020. The Foundation's 2020 Form 990-PF short period initial return was timely filed on May 3, 2021. The return was originally mailed to the IRS, but was returned along with a notice instructing the Foundation to submit the return electronically. The Foundation's administrator advised the Foundation to submit the return for paper filing initially because at the time the return was filed, the administrator's tax software was unable to transmit short period initial returns via e-file. It wasn't until the Foundation received an IRS notice dated November 1, 2021, that the administrator became aware that the IRS now accepts short period initial returns via e-file and that the software's capability had been updated. The foundation's administrator is now submitting the return via e-file, and the delay in filing Form 990-PF for the taxable year ending 2020 is no fault or willful neglect of the foundation. According to the standards set forth in Rev. Proc. 92-85, we believe the Foundation's actions were reasonable and in good faith. These administrative actions were in no way an intentional disregard of the IRS rules and therefore entitled to abatement of any penalty. The organization acted in good faith in complying with the filing deadline and in rectifying the situation as soon as it was known. Therefore, we again request that no penalty be assessed for late filing. | ExplanationTxt |
Substantial Contributors Sch SubstantialContributorsSch
Substantial Contributor Detail SubstantialContributorDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Asplundh Bethany | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4039 Pickering Dam Rd | AddressLine1Txt |
| City | Phoenixville | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19460 | ZIPCd |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| 990-PF Estimated Tax for 2020 | $1,800 | |
| Foreign Tax Paid | $57 | $57 |