PLANET HERITAGE FOUNDATION INC: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- PLANET HERITAGE FOUNDATION INC (EIN 26-3878866)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-09-09
- IRS object ID
- 202142529349100609
- 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
- Depreciation Schedule
- Expenditure Responsibility Stmt
- General Explanation Attachment
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Land Etc Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-09-09T08:06:48-05:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FOUNDATION SOURCE | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE HOLLOW LN STE 212 | AddressLine1Txt |
| City | LAKE SUCCESS | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11042 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2020-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 263878866 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Planet Heritage Foundation Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % Foundation Source | InCareOfNm |
| Business Name Control | PLAN | 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 | ADDISON FISCHER | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 8008391754 | PhoneNum |
| Signature | 2021-08-30 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | ADDISON | PersonFirstNm |
| Person Last | FISCHER | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Jeffrey D Haskell | PreparerPersonNm |
| PTIN | P01345770 | PTIN |
| Phone | 8008391754 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | TrustedCustomerGrp |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $28,855,717 | 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 | $0 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $22,807 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $22,807 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $41,455 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $41,455 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $2,721,770 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $20,832,445 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $2,721,770 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $4,500 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $4,500 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $2,790,532 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $2,790,532 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Legal Fees Rev And Expnss | $568 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $568 | LegalFeesDsbrsChrtblAmt |
| Other Prof Fees Rev And Expnss | $14,309 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $13,459 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $850 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $60,442 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $18 | TaxesNetInvstIncmAmt |
| Deprec And Dpltn Rev And Expnss | $545 | DeprecAndDpltnRevAndExpnssAmt |
| Other Expenses Rev And Expnss | $82,317 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $557 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $81,760 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $158,181 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $14,034 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $83,178 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $4,269,075 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $4,269,075 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $4,427,256 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $14,034 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $4,352,253 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$1,636,724 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $2,776,498 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $7,243,117 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $14,927,863 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $14,927,863 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl BOY | $359,715 | AcctRcvblBOYAmt |
| Corporate Stock EOY | $2,932,852 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $3,398,895 | CorporateStockEOYFMVAmt |
| Corporate Bonds EOY | $1,954,516 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $1,941,396 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $19,761,152 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $5,913,846 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $6,587,563 | OtherInvestmentsEOYFMVAmt |
| Land BOY | $1,817 | LandBOYAmt |
| Other Assets BOY | $2,000,000 | OtherAssetsBOYAmt |
| Other Assets EOY | $2,000,000 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $2,000,000 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $29,365,801 | TotalAssetsBOYAmt |
| Total Assets EOY | $27,729,077 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $28,855,717 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $29,365,801 | RetainedEarningBOYAmt |
| Retained Earning EOY | $27,729,077 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $29,365,801 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $27,729,077 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $29,365,801 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $27,729,077 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $29,365,801 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$1,636,724 | ExcessRevenueOverExpensesAmt |
| Subtotal | $27,729,077 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $27,729,077 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt |
|---|---|---|---|---|---|---|---|
| Publicly-traded Securities | $432,445 | $448,133 | -$15,688 | -$15,688 | |||
| COMPUTER | $1,272 | -$1,272 | -$1,272 | P | 2018-04-26 | 2020-12-31 | |
| STEELMILL FUND LTD. | $20,400,000 | $17,661,270 | $2,738,730 | $2,738,730 | P | 2020-04-30 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $2,721,770 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $38,593 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $38,593 | SubtotalAmt |
| Tax Based On Investment Income | $38,593 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $38,477 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $870 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $39,347 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Overpayment | $754 | OverpaymentAmt |
| Applied To ES Tax | $754 | 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 | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | DE | OrgReportOrRegisterStateCd |
| Org Report Or Register State | FL | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foundation Source | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8008391754 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 501 Silverside Road Suite 123 | AddressLine1Txt |
| City | Wilmington | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198091377 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| A Fischer | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir, Pres, Sec | 3.0 | $0 | $0 | $0 |
| O Fischer | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir, VP | 1.0 | $0 | $0 | $0 |
| C E Mercer | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | VP | 3.0 | $0 | $0 | $0 |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foundation Source | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 55 Walls Drive 3rd Fl | AddressLine1Txt |
| City | Fairfield | CityNm |
| State Abbreviation | CT | StateAbbreviationCd |
| ZIP | 06824 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | Administrative | ServiceTypeTxt |
| Compensation | $76,770 | CompensationAmt |
| 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 | $3,103,854 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $13,692,567 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $11,865,871 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $28,662,292 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $28,662,292 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $429,934 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $28,232,358 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,411,618 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,411,618 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $38,593 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $38,593 | TotalTaxAmt |
| Distributable Before Adj | $1,373,025 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $1,373,025 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $1,373,025 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $4,352,253 | 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 | $4,352,253 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $4,352,253 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,373,025 | DistributableAsAdjustedAmt |
| Prior Year1 | 2018 | PriorYear1Yr |
| Prior Year2 | 2017 | PriorYear2Yr |
| Prior Year3 | 2016 | PriorYear3Yr |
| Excess Distribution Cyov Yr4 | $1,260,949 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $373,914 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $6,709 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $270,149 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $1,911,721 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $4,352,253 | QualifyingDistributionsAmt |
| Applied To Current Year | $1,373,025 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $2,979,228 | RemainingDistriFromCorpusAmt |
| Total Corpus | $4,890,949 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $4,890,949 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $1,260,949 | ExcessFromYear4Amt |
| Excess From Year3 | $373,914 | ExcessFromYear3Amt |
| Excess From Year2 | $6,709 | ExcessFromYear2Amt |
| Excess From Year1 | $270,149 | ExcessFromYear1Amt |
| Excess From Current Year | $2,979,228 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | A Fischer | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (7 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line1RecipientForeignAddress/AddressLine1Txt | CityRecipientForeignAddress/CityNm | Province Or StateRecipientForeignAddress/ProvinceOrStateNm | CountryRecipientForeignAddress/CountryCd |
|---|---|---|---|---|---|---|---|---|---|---|---|
| AMERICAN COMMITTEE FOR THE WEIZMANN INSTITUTE OF S | |||||||||||
| 633 3RD AVE 20TH FL | NEW YORK | NY | 10017 | N/A | PC | General & Unrestricted | $1,000,000 | ||||
| HARLEM CHILDRENS ZONE INC | |||||||||||
| 35 E 125TH ST | NEW YORK | NY | 10035 | N/A | PC | Friend of the Children - Charitable Event | $1,000,000 | ||||
| MELIMOYU FOUNDATION | |||||||||||
| N/A | PC | the coastal marine protected area initiative | $39,075 | LOTE N2 LA FABRICA KM 7 RD | PUERTO VARAS | ENSENADA | CI | ||||
| MICHAEL DUKAKIS INSTITUTE | |||||||||||
| 67 MOUNT VERNON ST UNIT F | BOSTON | MA | 02108 | N/A | PC | CAIDP Fund | $35,000 | ||||
| NATIONAL PHILANTHROPIC TRUST | |||||||||||
| 165 TOWNSHIP LINE RD STE 1200 | JENKINTOWN | PA | 19046 | N/A | PC | General & Unrestricted | $1,945,000 | ||||
| OCEAN UNITE | |||||||||||
| 3517 W PL NW | WASHINGTON | DC | 20007 | N/A | PC | General & Unrestricted | $50,000 | ||||
| REDFORD CENTER INC | |||||||||||
| 1016 LINCOLN BLVD STE 322 | SAN FRANCISCO | CA | 94129 | N/A | PC | General & Unrestricted | $200,000 | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $4,269,075 | 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 | $22,807 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $41,455 | 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 | $2,721,770 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CREDIT CARD REWARDS PROGRAM | Desc |
| Exclusion | 01 | ExclusionCd |
| Exclusion | $4,500 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $2,790,532 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $2,790,532 | 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 |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | COMPUTER | PropertyDesc |
| Acquired | 2018-04-26 | AcquiredDt |
| Cost Or Other Basis | $2,725 | CostOrOtherBasisAmt |
| Prior Year Depreciation | $908 | PriorYearDepreciationAmt |
| Computation Method | SL | ComputationMethodTxt |
| Life | 5 | LifeRt |
| Current Year Expense | $545 | CurrentYearExpenseAmt |
Expenditure Responsibility Stmt ExpenditureResponsibilityStmt
Expenditure Responsibility ExpenditureResponsibilityGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | GrantGrantDt | GrantGrantAmt | Purpose Of GrantPurposeOfGrantTxt | Any Diversion By GranteeAnyDiversionByGranteeTxt | Dates Of Reports By GranteeDatesOfReportsByGranteeTxt | Results Of VerificationResultsOfVerificationTxt |
|---|---|---|---|---|---|---|---|---|---|
| Choice Divesting (Aligned Intermediary) | |||||||||
| 41 Madison Ave 31st Floor | New York | NY | 10010 | 2016-07-11 | $1,500,000 | PRI INVEST-SEE GENERAL EXPLANATION FOR PURPOSE & ADDTL DETAILS RE AMT EXPENDED & LACK OF DIVERSION | NO | 9/25/2017, 2/25/2019, 11/24/2019, 10/15/2020 | The grantor has no reason to doubt the accuracy or reliability of the report from the grantee; therefore, no independent verification of the report was made. |
| Choice Divesting (Aligned Intermediary) | |||||||||
| 41 Madison Ave 31st Floor | New York | NY | 10010 | 2017-10-18 | $500,000 | PRI INVEST-SEE GENERAL EXPLANATION FOR PURPOSE & ADDTL DETAILS RE AMT EXPENDED & LACK OF DIVERSION | NO | 2/25/2019, 11/24/2019, 10/15/2020 | The grantor has no reason to doubt the accuracy or reliability of the reports from the grantee; therefore, no independent verification of the reports were made. |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp (2 entries)
| IdentifierIdentifierTxt | Form And Line ReferenceFormAndLineReferenceDesc | Medium ExplanationMediumExplanationTxt |
|---|---|---|
| Form 990-PF, Part VII-B, line 5c - expenditure responsibility | form 990-PF, Part VII-B, line 5c - EXPENDITURE RESPONSIBILITY | PRI RECIPIENT: Choice Divesting Inc. (f/k/a Aligned Intermediary, Inc.) DATE OF PRI: 7/11/2016 PURPOSE OF PRI: To fund the operational costs of Choice Divesting Inc. (f/k/a Aligned Intermediary, Inc.), which will facilitate long-term investments in climate infrastructure including clear energy, water infrastructure, and waste-to-value. Choice Divesting Inc. (f/k/a Aligned Intermediary, Inc.) will also educate investors and the general public on the climate infrastructure sector. REPORTS OF AMOUNTS EXPENDED: RECIPIENT HAS SUBMITTED A FULL AND COMPLETE FINANCIAL REPORT OF THE TYPE ORDINARILY REQUIRED BY COMMERCIAL INVESTORS UNDER SIMILAR CIRCUMSTANCES AND A STATEMENT THAT IT HAS COMPLIED WITH THE TERMS OF THE INVESTMENT FOR ITS FISCAL YEARS INDICATED BELOW: DATE OF REPORT: 9/25/2017 FOR FYE 12/31/2016 DATE OF REPORT: 2/25/2019 FOR FYE 12/31/2017 DATE OF REPORT: 11/24/2019 FOR FYE 12/31/2018 DATE OF REPORT: 10/15/2020 FOR FYE 12/31/2019 DATE OF REPORT: 7/26/2021 FOR FYE 12/31/2020 THIS INVESTMENT REMAINED ON THE FOUNDATION'S BOOKS AS OF 12/31/2020. DIVERSIONS: TO THE KNOWLEDGE OF THE GRANTOR, NO FUNDS HAVE BEEN DIVERTED TO ANY ACTIVITY OTHER THAN THE ACTIVITY FOR WHICH THE INVESTMENT WAS ORIGINALLY MADE. |
| Form 990-PF, Part VII-B, line 5c - expenditure responsibility | FORM 990-PF, PART VII-B, LINE 5C - EXPENDITURE RESPONSIBILITY | PRI RECIPIENT: Choice Divesting Inc. (f/k/a Aligned Intermediary, Inc.) DATE OF PRI: 10/18/2017 PURPOSE OF PRI: To fund the operational costs of Choice Divesting Inc. (f/k/a Aligned Intermediary, Inc.), which will facilitate long-term investments in climate infrastructure including clear energy, water infrastructure, and waste-to-value. Choice Divesting Inc. (f/k/a Aligned Intermediary, Inc.) will also educate investors and the general public on the climate infrastructure sector. REPORTS OF AMOUNTS EXPENDED: RECIPIENT HAS SUBMITTED FULL AND COMPLETE FINANCIAL REPORTS OF THE TYPE ORDINARILY REQUIRED BY COMMERCIAL INVESTORS UNDER SIMILAR CIRCUMSTANCES AND A STATEMENT THAT IT HAS COMPLIED WITH THE TERMS OF THE INVESTMENT FOR ITS FISCAL YEARS INDICATED BELOW: DATE OF REPORT: 2/25/2019 FOR FYE 12/31/2017 DATE OF REPORT: 11/24/2019 FOR FYE 12/31/2018 DATE OF REPORT: 10/15/2020 FOR FYE 12/31/2019 DATE OF REPORT: 7/26/2021 FOR FYE 12/31/2020 THIS INVESTMENT REMAINED ON THE FOUNDATION'S BOOKS AS OF 12/31/2020. DIVERSIONS: TO THE KNOWLEDGE OF THE GRANTOR, NO FUNDS HAVE BEEN DIVERTED TO ANY ACTIVITY OTHER THAN THE ACTIVITY FOR WHICH THE INVESTMENT WAS ORIGINALLY MADE. |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (20 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| AETNA INC - 3.500% - 11/15/202 | $98,698 | $99,862 |
| AMERICAN EXPRESS - 3.400% - 02 | $98,234 | $97,741 |
| AMERICAN HOME PRODS CORP - 7.2 | $97,412 | $93,983 |
| APPLE INC - 2.500% - 02/09/202 | $98,343 | $97,160 |
| COMCAST CORP - 3.700% - 04/15/ | $98,427 | $98,108 |
| DEERE CO - 3.450% - 03/13/2025 | $98,773 | $98,568 |
| DISNEY WALT CO - 2.350% - 12/0 | $99,114 | $98,645 |
| DUKE ENERGY CORP - 3.950% - 10 | $99,812 | $98,945 |
| EMERSON ELEC CO NOTE - 2.625% | $100,098 | $98,860 |
| GOLDMAN SACHS GROUP INC NOTE - | $97,116 | $95,080 |
| HONEYWELL INTL - 1.850% - 11/0 | $79,632 | $78,922 |
| INTERNATIONAL BUSINESS MACHINE | $99,600 | $99,688 |
| JOHNSON & JOHNSON - 2.450% - 0 | $98,453 | $97,908 |
| JP MORGAN CHASE - 3.900% - 07/ | $97,756 | $98,829 |
| MICROSOFT CORP - 3.125% - 11/0 | $98,770 | $98,379 |
| PEPSICO - 2.375% - 10/06/2026 | $98,581 | $99,116 |
| U S BANCORP MTNS BK SR NT - 4. | $99,264 | $97,114 |
| VERIZON COMMUNICATIONS - 3.500 | $99,556 | $99,407 |
| WALMART INC - 3.050% - 07/08/2 | $97,997 | $97,922 |
| WELLPOINT INC - 3.700% - 08/15 | $98,880 | $97,159 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (51 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| AIR PRODS & CHEM INC | $51,257 | $57,376 |
| AKAMAI TECH COM STK | $59,342 | $61,419 |
| ALEXANDRIA REAL ESTATE EQUITIE | $57,846 | $66,476 |
| ALIBABA GROUP HOLDING LTD | $49,691 | $55,157 |
| AMAZON COM | $54,295 | $71,652 |
| AMERICAN WATER WORKS COMPANY I | $58,015 | $70,289 |
| AMETEK INC | $51,106 | $66,396 |
| AT&T, INC | $51,075 | $46,217 |
| BIOGEN INC | $52,319 | $43,095 |
| CADENCE DESIGN SYSTEMS INC | $55,055 | $66,169 |
| CARLISLE COS INC | $48,947 | $60,598 |
| CHEMED CORP | $52,493 | $60,718 |
| CHURCH & DWIGHT | $59,717 | $61,410 |
| CIENA CORP | $52,519 | $50,842 |
| CITRIX SYSTEMS INC | $59,505 | $55,293 |
| COSTCO WHOLESALE CORPORATION | $59,369 | $73,472 |
| CROWN CASTLE INTL | $57,775 | $54,284 |
| DOLLAR GENERAL CORP | $59,967 | $67,717 |
| EDWARDS LIFESCIENCES | $109,035 | $135,384 |
| FIAT CHRYSLER AUTOMOBILES NV | $42,364 | $59,335 |
| FIDELITY NATIONAL INFORMATION | $58,167 | $59,272 |
| FORTINET INC | $51,835 | $56,441 |
| HONEYWELL INTL | $49,717 | $69,766 |
| INTERCONTINENTAL EXCHANGE, INC | $58,560 | $70,442 |
| INTUIT | $50,399 | $67,233 |
| L3HARRIS TECHNOLOGIES | $56,549 | $54,249 |
| LOCKHEED MARTIN CORP | $50,312 | $45,082 |
| MASTERCARD INC | $50,978 | $59,966 |
| MCDONALD'S CORP | $57,045 | $64,159 |
| MOLINA HEALTHCARE | $53,705 | $64,017 |
| MONSTER BEVERAGE CORP | $52,428 | $68,805 |
| MOTOROLA SOLUTIONS INC | $55,297 | $66,493 |
| NASDAQ OMX GROUP | $59,161 | $66,370 |
| NEWMONT GOLDCORP CORPORATION | $60,164 | $62,645 |
| NEXTERA ENERGY, INC | $58,080 | $71,595 |
| NORTHROP GRUMMAN CORP | $58,375 | $53,021 |
| PARKER HANNIFIN CP | $49,437 | $71,916 |
| PEPSICO INC | $59,361 | $67,032 |
| PERKIN ELMER INC | $53,865 | $65,006 |
| REPUBLIC SVCS INC | $109,365 | $122,590 |
| SONY CORP ADR | $50,219 | $77,645 |
| T-MOBILE US INC | $50,628 | $68,908 |
| THERMO FISHER SCIENTIFIC INC | $59,644 | $70,799 |
| TRANE TECHNOLOGIES PLC | $49,815 | $77,806 |
| UNITEDHEALTH GROUP INC | $109,637 | $126,245 |
| VERIZON COMMUNICATIONS | $50,984 | $53,169 |
| WAL-MART STORES INC | $60,672 | $71,498 |
| WASHINGTON FED INC | $48,512 | $46,075 |
| WASTE MANAGEMENT INC | $57,260 | $63,093 |
| ZEBRA TECHNOLOGIES CORP | $50,227 | $73,023 |
| ZOETIS INC | $50,762 | $61,235 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (3 entries)
| Category Or ItemCategoryOrItemTxt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| STEELMILL FUND LTD. | $904,882 | $920,692 |
| STM LCB LLC | $3,813,964 | $4,471,871 |
| TAE TECHNOLOGIES, INC | $1,195,000 | $1,195,000 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | COMPUTER | CategoryOrItemTxt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | General Consultations | CategoryTxt |
| Legal Fees | $568 | LegalFeesAmt |
| Disbursements Charitable Prps | $568 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (3 entries)
| DescDesc | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| PRI-CHOICE DIVESTING FKA ALIGN | $1,400,000 | $1,400,000 |
| PRI-CHOICE DIVESTING - EQUITY | $100,000 | $100,000 |
| PRI-CHOICE DIVESTING FKA ALIGN | $500,000 | $500,000 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| Administrative Fees | $76,770 | $76,770 | |
| Bank Charges | $557 | $557 | |
| Indemnification Insurance | $4,302 | $4,302 | |
| Office Supplies | $295 | $295 | |
| REGISTERED AGENT FEES | $393 | $393 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CREDIT CARD rewards program | Desc |
| Revenue And Expenses Per Books | $4,500 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $4,500 | NetInvestmentIncomeAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Investment Management Services | $13,459 | $13,459 | |
| Philanthropic Consulting Srvcs | $850 | $850 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| 990-PF Estimated Tax for 2020 | $37,800 | |
| 990-PF Extension for 2019 | $22,624 | |
| Foreign Tax Paid | $18 | $18 |