STRATEGY STUDIO / PUBLIC DATA EXPLORER

THE CHAIRMAN'S CUP FOUNDATION: Form 990, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
THE CHAIRMAN'S CUP FOUNDATION (EIN 83-6057842)
Tax period
2020-01-01 to 2020-12-31
Filed
2021-05-20
IRS object ID
202121409349301232
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 ReturnHeader

FieldValueIRS element (for citing)
Return2021-05-20T16:00:05-05:00ReturnTs
Tax Period End2020-12-31TaxPeriodEndDt
Return Type990ReturnTypeCd
Tax Period Begin2020-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN836057842EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE CHAIRMAN'S CUP FOUNDATION 1504-1015001863BusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlCHAIBusinessNameControlTxt
Phone5045992191PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1701 POYDRAS ST STE 3200AddressLine1Txt
CityNEW ORLEANSCityNm
State AbbreviationLAStateAbbreviationCd
ZIP701397727ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonHANCOCK WHITNEY BANKPersonNm
Person TitleVP TRUST OFFICEPersonTitleTxt
Phone5045992191PhoneNum
Signature2021-05-20SignatureDt

Additional Filer Information AdditionalFilerInformation

FieldValueIRS element (for citing)
Trusted CustomerTrustedCustomerGrp
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Address ChangeYes (X)AddressChangeInd

Principal Ofcr Business Name PrincipalOfcrBusinessName

FieldValueIRS element (for citing)
Business Name Line1HANCOCK WHITNEY BANKBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1701 POYDRAS ST STE 3200AddressLine1Txt
CityNEW ORLEANSCityNm
State AbbreviationLAStateAbbreviationCd
ZIP70139ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$42,069GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressN/AWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2002FormationYr
Legal Domicile StateLALegalDomicileStateCd
Activity Or MissionTO MONETARILY ASSIST OTHER CHARITABLE ORGANIZATIONS TO PROMOTE CHARITABLE, RELIGIOUS, EDUCATIONAL, SCIENTIFIC AND LITERARY PURPOSES.ActivityOrMissionDesc
Voting Members Governing Body4VotingMembersGoverningBodyCnt
Voting Members Independent4VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
CY Contributions Grants$19,116CYContributionsGrantsAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
CY Investment Income$22,953CYInvestmentIncomeAmt
PY Other Revenue$254,198PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$254,198PYTotalRevenueAmt
CY Total Revenue$42,069CYTotalRevenueAmt
PY Grants And Similar Paid$123,704PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$28,000CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
CY Salaries Comp Emp Bnft Paid$2,441CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
CY Other Expenses$0CYOtherExpensesAmt
PY Total Expenses$123,704PYTotalExpensesAmt
CY Total Expenses$30,441CYTotalExpensesAmt
PY Revenues Less Expenses$130,494PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$11,628CYRevenuesLessExpensesAmt
Total Assets BOY$975,596TotalAssetsBOYAmt
Total Assets EOY$985,607TotalAssetsEOYAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$975,596NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$985,607NetAssetsOrFundBalancesEOYAmt
MissionTO MONETARILY ASSIST OTHER CHARITABLE ORGANIZATIONS TO PROMOTE CHARITABLE, RELIGIOUS, EDUCATIONAL, SCIENTIFIC AND LITERARY PURPOSES.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$18,000ExpenseAmt
Grant$18,000GrantAmt
DescDISTRIBUTION OF DONATIONS AND ANNUAL GOLF TOURNAMENT PROCEEDS TO CHARITABLE ORGANIZATIONS TO PROMOTE CHARITABLE, RELIGIOUS, EDUCATIONAL, SCIENTIFIC AND LITERARY PURPOSES.Desc
Total Program Service Expenses$18,000TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredfalseScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsfalseDonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentfalseReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsYes (true)GrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee0EmployeeCnt
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsfalseQuidProQuoContributionsInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members4GoverningBodyVotingMembersCnt
Independent Voting Member4IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyfalseConflictOfInterestPolicyInd
Whistleblower PolicyfalseWhistleblowerPolicyInd
Document Retention PolicyfalseDocumentRetentionPolicyInd
Compensation Process CEOfalseCompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldLAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1HANCOCK WHINTEY BANKBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone5045992191PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1701 POYDRAS ST STE 3200AddressLine1Txt
CityNEW ORLEANSCityNm
State AbbreviationLAStateAbbreviationCd
ZIP70139ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (4 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtInstitutional TrusteeInstitutionalTrusteeInd
GREG RAYNOR
ADVISORY PANEL1.0Yes (X)$0$0$0
DAVID SICKEY
ADVISORY PANEL1.0Yes (X)$0$0$0
CRYSTAL WILLIAMS
ADVISORY PANEL1.0Yes (X)$0$0$0
HANCOCK WHITNEY BANK
TRUSTEE1.0$0$0$2,441Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$2,441TotalOtherCompensationAmt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
All Other Contributions$19,116AllOtherContributionsAmt
Total Contributions$19,116TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$19,720TotalRevenueColumnAmt
Exclusion$19,720ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$3,233SecuritiesAmt
FieldValueIRS element (for citing)
Less Cost Oth Basis Sales ExpnssLessCostOthBasisSalesExpnssGrp

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$3,233SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,233TotalRevenueColumnAmt
Related Or Exempt Func Income$3,233RelatedOrExemptFuncIncomeAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$42,069TotalRevenueColumnAmt
Related Or Exempt Func Income$3,233RelatedOrExemptFuncIncomeAmt
Exclusion$19,720ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$28,000TotalAmt
Program Services$28,000ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$2,441TotalAmt
Management And General$2,441ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$30,441TotalAmt
Program Services$28,000ProgramServicesAmt
Management And General$2,441ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$975,596BOYAmt
EOY$86,005EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
EOY$899,602EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$975,596BOYAmt
EOY$985,607EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$975,596BOYAmt
EOY$985,607EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$975,596BOYAmt
EOY$985,607EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$975,596BOYAmt
EOY$985,607EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$11,628ReconcilationRevenueExpnssAmt
Other Changes In Net Assets-$1,617OtherChangesInNetAssetsAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
Acct Compile Or Review BasisAcctCompileOrReviewBasisGrp
FS AuditedfalseFSAuditedInd
FS Audited BasisFSAuditedBasisGrp
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$26,532CurrentTaxYearMinus4YearsAmt
Current Tax Year$19,116CurrentTaxYearAmt
Total$45,648TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years$204,905CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$206,922CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$254,198CurrentTaxYearMinus1YearAmt
Total$666,025TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$26,532CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$204,905CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$206,922CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$254,198CurrentTaxYearMinus1YearAmt
Current Tax Year$19,116CurrentTaxYearAmt
Total$711,673TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$711,673PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$2,450CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$396CurrentTaxYearMinus3YearsAmt
Current Tax Year$22,953CurrentTaxYearAmt
Total$25,799TotalAmt
FieldValueIRS element (for citing)
Post1975 UBTIPost1975UBTIGrp

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$2,450CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$396CurrentTaxYearMinus3YearsAmt
Current Tax Year$22,953CurrentTaxYearAmt
Total$25,799TotalAmt
FieldValueIRS element (for citing)
Other Income509OtherIncome509Grp

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$28,982CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$205,301CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$206,922CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$254,198CurrentTaxYearMinus1YearAmt
Current Tax Year$42,069CurrentTaxYearAmt
Total$737,472TotalAmt
FieldValueIRS element (for citing)
Public Support CY5090.96500PublicSupportCY509Pct
Public Support PY5090.98830PublicSupportPY509Pct
Investment Income CY0.03500InvestmentIncomeCYPct
Investment Income PY0.01000InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
CY Adj Net Income Distributable$0CYAdjNetIncomeDistributableAmt
CY Pct85 Adjusted Net Income$0CYPct85AdjustedNetIncomeAmt
CY Total Min Ast Distributable$0CYTotalMinAstDistributableAmt
CY Greater Adjusted Minimum$0CYGreaterAdjustedMinimumAmt
CY Income Tax Imposed PY$0CYIncomeTaxImposedPYAmt
CY Distributable As Adjusted$0CYDistributableAsAdjustedAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedfalseGrantRecordsMaintainedInd

Recipient Table RecipientTable (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdCash GrantCashGrantAmt
OAKDALE DIXIE GIRLS SOFTBALL
C/O HANCOCK WHITNEY BANKNEW ORLEANSLA70139$6,000
SALVATION ARMY
3020 LEGION STLAKE CHARLESLA70615$10,000

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceEXPLANATION FOR FORM 990, SCHEDULE I, PART 1, LINE 2FormAndLineReferenceDesc
ExplanationGRANT REQUESTS ARE SUBMITTED TO AND APPROVED BY THE ADVISORY PANEL.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PAGE 6, PART VI, LINE 11-DESCRIPTION OF PROCESS FOR REVIEWHANCOCK WHITNEY BANK AS TRUSTEE AND GOVERNING BODY PREPARES AND REVIEWS THE 990 BEFORE FILING.
FORM 990, PAGE 6, PART VI, LINE 19GOVERNING DOCUMENTS, DISCLOUSRE EXPLANATION DOCUMENTS ARE AVAILABLE UPON REQUEST.
EXPLANATION FOR FORM 990, PART XI, LINE 9ROUNDING, BASIS ADJUSTMENTS