PHILLIPS FAMILY FOUNDATION: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- PHILLIPS FAMILY FOUNDATION (EIN 46-4337405)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-11-11
- IRS object ID
- 202133159349101713
- 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
- Form 990-PF
- Schedule B
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- Other Expenses Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-11-11T08:49:56-08:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 930770718 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Jones Ham & Cluff PC CPAs | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 14475 SW Allen Blvd Suite A | AddressLine1Txt |
| City | Beaverton | CityNm |
| State Abbreviation | OR | StateAbbreviationCd |
| ZIP | 97005 | 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 | 464337405 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Phillips Family Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | PHIL | BusinessNameControlTxt |
| Phone | 5037970626 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6140 S Macadam Avenue | AddressLine1Txt |
| City | Portland | CityNm |
| State Abbreviation | OR | StateAbbreviationCd |
| ZIP | 97239 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | H Frank Phillips III | PersonNm |
| Person Title | President | PersonTitleTxt |
| Signature | 2021-11-04 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | H Frank Phillips | PersonFirstNm |
| Person Last | III | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Gary E Ham Jr | PreparerPersonNm |
| PTIN | P00351087 | PTIN |
| Phone | 5036436333 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Federated Assurance Level | FAL1 | FederatedAssuranceLevelCd |
| 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 | $1,352,672 | 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 | $250,000 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $7,266 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $7,266 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $7,266 | InterestOnSavingsAdjNetIncmAmt |
| Dividends Rev And Expnss | $20,183 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $20,183 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $20,183 | DividendsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $13,834 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $424,877 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $13,834 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $6,781 | NetSTCapitalGainAdjNetIncmAmt |
| Total Rev And Expnss | $291,283 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $41,283 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $34,230 | TotalAdjNetIncmAmt |
| Legal Fees Rev And Expnss | $2,426 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $2,426 | LegalFeesNetInvstIncmAmt |
| Other Prof Fees Rev And Expnss | $2,185 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $2,185 | OtherProfFeesNetInvstIncmAmt |
| Interest Rev And Expnss | $12 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $12 | InterestNetInvstIncmAmt |
| Taxes Rev And Expnss | $456 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $456 | TaxesNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $37 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $37 | OtherExpensesNetInvstIncmAmt |
| Tot Opr Expenses Rev And Expnss | $5,116 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $5,116 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $45,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $45,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $50,116 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $5,116 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $45,000 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $241,167 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $36,167 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $34,230 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $177,229 | CashBOYAmt |
| Cash EOY | $271,953 | CashEOYAmt |
| Cash EOYFMV | $271,953 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $50,000 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $50,000 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $51,494 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $591,286 | CorporateStockBOYAmt |
| Corporate Stock EOY | $743,917 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $840,430 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $167,976 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $153,959 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $158,815 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $16,958 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $24,787 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $29,980 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $1,003,449 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,244,616 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $1,352,672 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $1,003,449 | RetainedEarningBOYAmt |
| Retained Earning EOY | $1,244,616 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $1,003,449 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $1,244,616 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $1,003,449 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $1,244,616 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $1,003,449 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $241,167 | ExcessRevenueOverExpensesAmt |
| Subtotal | $1,244,616 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $1,244,616 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| MORGAN STANLEY-SHORT TERM COVERED | P | 2020-01-01 | 2020-01-01 | $53,975 | $47,194 | $6,781 | $6,781 |
| MORGAN STANLEY-LONG-TERM COVERED | P | 2000-01-01 | 2020-12-31 | $90,802 | $83,749 | $7,053 | $7,053 |
| FEDERATED INSTL PRIME OBLIG | P | 2020-01-01 | 2020-01-01 | $280,100 | $280,100 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $13,834 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $6,781 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $503 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $503 | SubtotalAmt |
| Tax Based On Investment Income | $503 | TaxBasedOnInvestmentIncomeAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $10 | EsPenaltyAmt |
| Tax Due | $513 | TaxDueAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | OR | 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 |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | H Frank Phillips III | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 5037970626 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6140 S Macadam Avenue | AddressLine1Txt |
| City | Portland | CityNm |
| State Abbreviation | OR | StateAbbreviationCd |
| ZIP | 97239 | 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 |
| 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 (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|---|---|---|---|
| Henry Frank Phillips III | ||||||
| 6140 S Macadam Ave | Portland | OR | 97239 | President | 5.00 | $0 |
| Janet L Phillips | ||||||
| 6140 S Macadam Ave | Portland | OR | 97239 | Secretary | 5.00 | $0 |
| Henry Francis Phillips IV | ||||||
| 6140 S Macadam Ave | Portland | OR | 97239 | Director | 1.00 | $0 |
| John V Phillips | ||||||
| 6140 S Macadam Ave | Portland | OR | 97239 | Director | 1.00 | $0 |
| Jean M Hinkley | ||||||
| 6140 S Macadam Ave | Portland | OR | 97239 | Director | 1.00 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $1,006,543 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $90,331 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $1,096,874 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $1,096,874 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $16,453 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $1,080,421 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $54,021 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $54,021 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $503 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $503 | TotalTaxAmt |
| Distributable Before Adj | $53,518 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $53,518 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $53,518 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $45,000 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $45,000 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $45,000 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $53,518 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr5 | $5,000 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $25,550 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $29,800 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $26,164 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $40,535 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $127,049 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $45,000 | QualifyingDistributionsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $45,000 | AppliedToCurrentYearAmt |
| Excess Distri Cyov App CY Corpus | $8,518 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $8,518 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $118,531 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $118,531 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $22,032 | ExcessFromYear4Amt |
| Excess From Year3 | $29,800 | ExcessFromYear3Amt |
| Excess From Year2 | $26,164 | ExcessFromYear2Amt |
| Excess From Year1 | $40,535 | ExcessFromYear1Amt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | Henry Frank Phillips III | ContributingManagerNm |
| Contributing Manager | Janet L Phillips | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (2 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| Friends of the Children Portland | |||||||
| 7227 SW Bridgeport Rd | Portland | OR | 97224 | None | PC | To provide Portland's most vulnerable children a nurturing and sustained relationship with a professional mentor who teaches positive values and has attainable expectations for each child to become healthy, productive members of the community. | $25,000 |
| De La Salle North Catholic High Sch | |||||||
| 7528 N Fenwick Ave | Portland | OR | 97217 | None | To provide an affordable, college preparatory, faith-based education to young men and women throughout the Portland metro area with limited financial resources. | $20,000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $45,000 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $7,266 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $20,183 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $13,834 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $27,449 | ExclusionAmt |
| Related Or Exempt Function Incm | $13,834 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $41,283 | 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 (3 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd |
|---|---|---|---|---|---|---|
| Belmont 10 11 LLC | ||||||
| 1 | 6140 SW Macadam Ave | Portland | OR | 97239 | $75,000 | Yes (X) |
| Washington Street Building LLC | ||||||
| 2 | 6140 SW Macadam Ave | Portland | OR | 97239 | $100,000 | Yes (X) |
| Grand Benedicts Inc | ||||||
| 3 | 6140 SW Macadam Ave | Portland | OR | 97229 | $75,000 | Yes (X) |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | Morgan Stanley Acct - Corporate Bonds | BondNm |
| EOY Book Value | $153,959 | EOYBookValueAmt |
| EOYFMV | $158,815 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (3 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| Morgan Stanley Acct. - Stocks | $491,827 | $587,353 |
| Morgan Stanley Acct - ETFs and CEFs | $229,740 | $230,727 |
| Morgan Stanley-Federated Govt ObliPRM | $22,350 | $22,350 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | Morgan Stanley - Unit Investment Trusts | CategoryOrItemTxt |
| Listed At Cost Or FMV | FMV | ListedAtCostOrFMVCd |
| Book Value | $24,787 | BookValueAmt |
| EOYFMV | $29,980 | EOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Legal fees | CategoryTxt |
| Legal Fees | $2,426 | LegalFeesAmt |
| Net Investment Income | $2,426 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| Management Fees | $17 | $17 |
| Penalties | $20 | $20 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| QuickBooks fees | $100 | $100 | $0 | $0 |
| Tax prepration | $2,085 | $2,085 | $0 | $0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| Federal tax | $38 | $38 |
| Foreign Tax | $168 | $168 |
| State tax | $250 | $250 |