GOVERNORS CUP FOUNDATION INC: Form 990, tax year 2020

View the entire original 990 at ProPublica ↗

Organization: GOVERNORS CUP FOUNDATION INC (EIN 80-0356309)
Tax period: 2020-01-01 to 2020-12-31
Filed: 2021-02-20
IRS object ID: 202140519349300324
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
Schedule A
Schedule B
Schedule G
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2021-02-20T18:22:05-05:00	ReturnTs
Tax Period End	2020-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	271757373	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	WENDY VOO CPA	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	4718 FRENO WAY	AddressLine1Txt
City	EL DORADO HILLS	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	95762	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2020-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	800356309	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	Governors Cup Foundation Inc	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	GOVE	BusinessNameControlTxt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	755 Riverpoint Drive	AddressLine1Txt
City	West Sacramento	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	95605	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	David Sanders	PersonNm
Person Title	Chairman	PersonTitleTxt
Signature	2021-02-15	SignatureDt
Discuss With Paid Preparer	false	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	David	PersonFirstNm
Person Last	Sanders	PersonLastNm

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	Wendy Voo	PreparerPersonNm
PTIN	P01046744	PTIN
Phone	9167056381	PhoneNum
Preparation	2021-02-20	PreparationDt
Self Employed	Yes (X)	SelfEmployedInd

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

Field	Value	IRS element (for citing)
Trusted Customer	0	TrustedCustomerCd
OOB Security Verification	00	OOBSecurityVerificationCd
Authentication Assurance Level	AAL1	AuthenticationAssuranceLevelCd
Identity Assurance Level	IAL1	IdentityAssuranceLevelCd

Field	Value	IRS element (for citing)
Tax	2020	TaxYr
Build TS	2022-09-23 18:48:47Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	David Sanders	PrincipalOfficerNm
Gross Receipts	$15,032	GrossReceiptsAmt
Group Return For Affiliates	false	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	N/A	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	2009	FormationYr
Legal Domicile State	CA	LegalDomicileStateCd
Activity Or Mission	The specific purpose of this corporation is to provide a forum for open discussion and the exchange of ideas on, and provide funding for, research education and scholarship relateing to important public policy, scentific and hunanitarian issues.	ActivityOrMissionDesc
Voting Members Governing Body	8	VotingMembersGoverningBodyCnt
Voting Members Independent	8	VotingMembersIndependentCnt
Total Employee	0	TotalEmployeeCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$448,850	PYContributionsGrantsAmt
CY Contributions Grants	$0	CYContributionsGrantsAmt
CY Program Service Revenue	$0	CYProgramServiceRevenueAmt
PY Investment Income	$19	PYInvestmentIncomeAmt
CY Investment Income	$32	CYInvestmentIncomeAmt
PY Other Revenue	-$258,841	PYOtherRevenueAmt
CY Other Revenue	$2,890	CYOtherRevenueAmt
PY Total Revenue	$190,028	PYTotalRevenueAmt
CY Total Revenue	$2,922	CYTotalRevenueAmt
PY Grants And Similar Paid	$45,000	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$0	CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
CY Salaries Comp Emp Bnft Paid	$0	CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$5,983	PYOtherExpensesAmt
CY Other Expenses	$8,199	CYOtherExpensesAmt
PY Total Expenses	$50,983	PYTotalExpensesAmt
CY Total Expenses	$8,199	CYTotalExpensesAmt
PY Revenues Less Expenses	$139,045	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	-$5,277	CYRevenuesLessExpensesAmt
Total Assets BOY	$299,685	TotalAssetsBOYAmt
Total Assets EOY	$1,009,408	TotalAssetsEOYAmt
Total Liabilities BOY	$88,000	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$803,000	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$211,685	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$206,408	NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part III	Yes (X)	InfoInScheduleOPartIIIInd
Mission	The specific purpose of this corporation is to provide a forum for open discussion and the exchange of ideas on, and provide funding for, research education and scholarship relateing to important public policy, scentific and hunanitarian issues.	MissionDesc
Significant New Program Srvc	false	SignificantNewProgramSrvcInd
Significant Change	Yes (true)	SignificantChangeInd
Desc	The Organization was in lockdown due to Covid-19 and the event was canceled until futurn notice	Desc
Described In Section501c3	Yes (true)	DescribedInSection501c3Ind
Schedule B Required	Yes (true)	ScheduleBRequiredInd
Political Campaign Acty	false	PoliticalCampaignActyInd
Lobbying Activities	false	LobbyingActivitiesInd
Subject To Proxy Tax	false	SubjectToProxyTaxInd
Donor Advised Fund	false	DonorAdvisedFundInd
Conservation Easements	false	ConservationEasementsInd
Collections Of Art	false	CollectionsOfArtInd
Credit Counseling	false	CreditCounselingInd
Donor Rstr Or Quasi Endowments	false	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	false	ReportLandBuildingEquipmentInd
Report Investments Other Sec	false	ReportInvestmentsOtherSecInd
Report Program Related Invst	false	ReportProgramRelatedInvstInd
Report Other Assets	false	ReportOtherAssetsInd
Report Other Liabilities	false	ReportOtherLiabilitiesInd
Include FIN48 Footnote	false	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	false	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	false	ConsolidatedAuditFinclStmtInd
School Operating	false	SchoolOperatingInd
Foreign Office	false	ForeignOfficeInd
Foreign Activities	false	ForeignActivitiesInd
More Than5000 K To Org	false	MoreThan5000KToOrgInd
More Than5000 K To Individuals	false	MoreThan5000KToIndividualsInd
Professional Fundraising	false	ProfessionalFundraisingInd
Fundraising Activities	false	FundraisingActivitiesInd
Gaming Activities	false	GamingActivitiesInd
Operate Hospital	false	OperateHospitalInd
Grants To Organizations	false	GrantsToOrganizationsInd
Grants To Individuals	false	GrantsToIndividualsInd
Schedule J Required	false	ScheduleJRequiredInd
Tax Exempt Bonds	false	TaxExemptBondsInd
Engaged In Excess Benefit Trans	false	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	false	PYExcessBenefitTransInd
Loan Outstanding	false	LoanOutstandingInd
Grant To Related Person	false	GrantToRelatedPersonInd
Business Rln With Org Mem	false	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	false	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	false	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	false	DeductibleNonCashContriInd
Deductible Art Contribution	false	DeductibleArtContributionInd
Terminate Operations	false	TerminateOperationsInd
Partial Liquidation	false	PartialLiquidationInd
Disregarded Entity	false	DisregardedEntityInd
Related Entity	false	RelatedEntityInd
Related Organization Ctrl Ent	false	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	false	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	false	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (true)	ScheduleORequiredInd
IRP Document	1	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	false	BackupWthldComplianceInd
Employee	0	EmployeeCnt
Employment Tax Returns Filed	false	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	false	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	false	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Taxable Party Notification	false	TaxablePartyNotificationInd
Nondeductible Contributions	false	NondeductibleContributionsInd
Quid Pro Quo Contributions	Yes (true)	QuidProQuoContributionsInd
Quid Pro Quo Contri Discl	Yes (true)	QuidProQuoContriDisclInd
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
Form8899 Filedind	false	Form8899Filedind
Form1098 C Filed	false	Form1098CFiledInd
Indoor Tanning Services	false	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	false	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	false	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	8	GoverningBodyVotingMembersCnt
Independent Voting Member	8	IndependentVotingMemberCnt
Family Or Business Rln	false	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	false	DelegationOfMgmtDutiesInd
Change To Org Documents	false	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	false	MaterialDiversionOrMisuseInd
Members Or Stockholders	false	MembersOrStockholdersInd
Election Of Board Members	false	ElectionOfBoardMembersInd
Decisions Subject To Approva	false	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (true)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (true)	MinutesOfCommitteesInd
Officer Mailing Address	false	OfficerMailingAddressInd
Local Chapters	false	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (true)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	false	ConflictOfInterestPolicyInd
Whistleblower Policy	false	WhistleblowerPolicyInd
Document Retention Policy	false	DocumentRetentionPolicyInd
Compensation Process CEO	false	CompensationProcessCEOInd
Compensation Process Other	false	CompensationProcessOtherInd
Investment In Joint Venture	false	InvestmentInJointVentureInd
States Where Copy Of Return Is Fld	CA	StatesWhereCopyOfReturnIsFldCd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Field	Value	IRS element (for citing)
Person	David Sanders	PersonNm
Phone	9163706060	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	755 Riverpoint Drive	AddressLine1Txt
City	West Sacramento	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	95605	ZIPCd

Field	Value	IRS element (for citing)
No Listed Persons Compensated	Yes (X)	NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (8 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	OfficerOfficerInd
Kelly Calkin
Director	1.00	0.00	Yes (X)	$0	$0	$0
Gavin McHugh
Director	1.00	0.00	Yes (X)	$0	$0	$0
Merrill Jacobs
Director	1.00	0.00	Yes (X)	$0	$0	$0
Dan Howle
Director	1.00	0.00	Yes (X)	$0	$0	$0
Adama Iwu
Director	1.00	0.00	Yes (X)	$0	$0	$0
David Sanders
Chairman	1.00	0.00		$0	$0	$0	Yes (X)
Sarah ONeil- Boutin
Treasurer	1.00	0.00		$0	$0	$0	Yes (X)
Stephen Walker
Director	1.00	0.00		$0	$0	$0	Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$0	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$0	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	0	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	false	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	false	TotalCompGreaterThan150KInd
Compensation From Other Srcs	false	CompensationFromOtherSrcsInd

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$32	TotalRevenueColumnAmt
Exclusion	$32	ExclusionAmt

Field	Value	IRS element (for citing)
Fundraising Gross Income	$15,000	FundraisingGrossIncomeAmt
Fundraising Direct Expenses	$12,110	FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$2,890	TotalRevenueColumnAmt
Exclusion	$2,890	ExclusionAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$2,922	TotalRevenueColumnAmt
Related Or Exempt Func Income	$0	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$2,922	ExclusionAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Management And GeneralManagementAndGeneralAmt
Tax filing & Fees	$135	$135
Bank Fees & Office Expenses	$1,073	$1,073
Conference & Meeting	$491	$491
Accounting and Tax returns	$6,500	$6,500

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$8,199	TotalAmt
Program Services	$0	ProgramServicesAmt
Management And General	$8,199	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$143,185	BOYAmt
EOY	$559,408	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$4,000	BOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$152,500	BOYAmt
EOY	$450,000	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$299,685	BOYAmt
EOY	$1,009,408	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$88,000	BOYAmt
EOY	$803,000	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$88,000	BOYAmt
EOY	$803,000	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$211,685	BOYAmt
EOY	$206,408	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$211,685	BOYAmt
EOY	$206,408	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$299,685	BOYAmt
EOY	$1,009,408	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	-$5,277	ReconcilationRevenueExpnssAmt
Other Changes In Net Assets	$0	OtherChangesInNetAssetsAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	false	AccountantCompileOrReviewInd
FS Audited	false	FSAuditedInd
Federal Grant Audit Required	false	FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Public Organization170	Yes (X)	PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$319,009	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$242,590	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$347,559	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$448,850	CurrentTaxYearMinus1YearAmt
Current Tax Year	$15,000	CurrentTaxYearAmt
Total	$1,373,008	TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$319,009	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$242,590	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$347,559	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$448,850	CurrentTaxYearMinus1YearAmt
Current Tax Year	$15,000	CurrentTaxYearAmt
Total	$1,373,008	TotalAmt

Field	Value	IRS element (for citing)
Substantial Contributors Tot	$29,421	SubstantialContributorsTotAmt
Public Support Total170	$1,343,587	PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$11	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$15	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$18	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$19	CurrentTaxYearMinus1YearAmt
Current Tax Year	$32	CurrentTaxYearAmt
Total	$95	TotalAmt

Other Income170 OtherIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$420,000	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$500,639	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$374,559	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$627,650	CurrentTaxYearMinus1YearAmt
Total	$1,922,848	TotalAmt

Field	Value	IRS element (for citing)
Total Support	$3,295,951	TotalSupportAmt
Public Support CY170	0.40760	PublicSupportCY170Pct
Public Support PY170	0.41940	PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170	Yes (X)	ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	RESTRICTED	ContributorNum

Contributor Business Name ContributorBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Total Contributions	RESTRICTED	TotalContributionsAmt

Schedule G IRS990ScheduleG

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Form 990 governing body review Part VI line 11	Tax return will be reviewed by the Chairman and the Treasurer and no formal review was or will be conducted by the board.
Governing documents etc available to public Part VI line 19	No Documents are available to the public
Cessation of or significant change to any program service Part III line 3	Due to Covid-19, the organization canceled the golf tournament to be in compliance of the lockdown order.