BAINUM FAMILY FOUNDATION: Form 990PF, tax year 2018
View the entire original 990 at ProPublica ↗
- Organization
- BAINUM FAMILY FOUNDATION (EIN 23-7000192)
- Tax period
- 2018-07-01 to 2019-06-30
- Filed
- 2020-03-13
- IRS object ID
- 202010739349100601
- Schema version
- 2018v3.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Schedule B
- Accounting Fees Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Land Etc Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Other Receivables Officers Sch
- Reduction Explanation Statement
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-03-13T08:39:02-05:00 | ReturnTs |
| Tax Period End | 2019-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 111986323 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MARCUM LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1899 L Street NW 850 | AddressLine1Txt |
| City | Washington | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20036 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2018-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 237000192 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Bainum Family Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | COMM | BusinessNameControlTxt |
| Phone | 2404500000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7735 Old Georgetown Road No 1000 | AddressLine1Txt |
| City | Bethesda | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 20814 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | David Daniels | PersonNm |
| Person Title | CEO | PersonTitleTxt |
| Phone | 2404500000 | PhoneNum |
| Signature | 2020-03-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Frank H Smith | PreparerPersonNm |
| PTIN | P00639053 | PTIN |
| Phone | 2028225000 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2018 | 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 | $650,199,709 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $829,488 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $42,219 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $42,219 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $42,219 | InterestOnSavingsAdjNetIncmAmt |
| Dividends Rev And Expnss | $8,046,207 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $8,018,938 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $8,018,938 | DividendsAdjNetIncmAmt |
| Gross Rents Rev And Expnss | $1,123,200 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $1,123,200 | GrossRentsNetInvstIncmAmt |
| Gross Rents Adj Net Incm | $1,123,200 | GrossRentsAdjNetIncmAmt |
| Net Rental Income Or Loss | $1,123,200 | NetRentalIncomeOrLossAmt |
| Net Gain Sale Ast Rev And Expnss | $30,968,351 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $100,423,289 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $32,208,827 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $3,277,118 | NetSTCapitalGainAdjNetIncmAmt |
| Incm Modifications Adj Net Incm | $5,000,000 | IncmModificationsAdjNetIncmAmt |
| Other Income Rev And Expnss | $1,417,444 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $1,176,490 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $1,176,490 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $42,426,909 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $42,569,674 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $18,637,965 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $1,494,837 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $346,022 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $346,022 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $1,073,575 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $4,177,024 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $75,241 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Adj Net Incm | $75,241 | OthEmplSlrsWgsAdjNetIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $3,947,720 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $1,412,202 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $86,702 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Adj Net Incm | $86,702 | PensionEmplBnftAdjNetIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $1,336,727 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $120,071 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $61,407 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $61,407 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $97,920 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $156,328 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $5,244 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $5,244 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $161,902 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $12,569,801 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $3,016,764 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $3,016,764 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $9,992,960 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $1,529,832 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $50,397 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $50,397 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $925,383 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $178,845 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $0 | DeprecAndDpltnNetInvstIncmAmt |
| Deprec And Dpltn Adj Net Incm | $0 | DeprecAndDpltnAdjNetIncmAmt |
| Occupancy Rev And Expnss | $296,820 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $0 | OccupancyNetInvstIncmAmt |
| Occupancy Adj Net Incm | $0 | OccupancyAdjNetIncmAmt |
| Occupancy Dsbrs Chrtbl | $279,286 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $304,613 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $7,598 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Adj Net Incm | $7,598 | TravConfMeetingAdjNetIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $331,911 | TravConfMeetingDsbrsChrtblAmt |
| Printing And Pub Rev And Expnss | $15,027 | PrintingAndPubRevAndExpnssAmt |
| Printing And Pub Net Invst Incm | $0 | PrintingAndPubNetInvstIncmAmt |
| Printing And Pub Adj Net Incm | $0 | PrintingAndPubAdjNetIncmAmt |
| Printing And Pub Dsbrs Chrtbl | $16,456 | PrintingAndPubDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $4,824,397 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $7,667 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $7,668 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $1,242,413 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $27,079,797 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $3,657,042 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $3,657,043 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $19,406,253 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,486,665 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,486,665 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $28,566,462 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $3,657,042 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $3,657,043 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $20,892,918 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $13,860,447 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $38,912,632 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $14,980,922 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $802,094 | CashBOYAmt |
| Cash EOY | $1,968,358 | CashEOYAmt |
| Cash EOYFMV | $1,968,358 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $18,396,553 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $42,357,418 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $42,357,418 | SavAndTempCashInvstEOYFMVAmt |
| Rcvbl From Officers BOY | $42,009,969 | RcvblFromOfficersBOYAmt |
| Rcvbl From Officers EOY | $42,009,969 | RcvblFromOfficersEOYAmt |
| Rcvbl From Officers EOYFMV | $42,009,969 | RcvblFromOfficersEOYFMVAmt |
| Prepaid Expenses BOY | $635,157 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $829,892 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $829,892 | PrepaidExpensesEOYFMVAmt |
| Corporate Stock BOY | $163,809,040 | CorporateStockBOYAmt |
| Corporate Stock EOY | $162,860,095 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $162,860,095 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $0 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $28,668,509 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $28,668,509 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $339,103,670 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $308,416,099 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $308,416,099 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $7,655,056 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $1,526,996 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $9,404,871 | LandBOYAmt |
| Land EOY | $6,128,060 | LandEOYAmt |
| Land EOYFMV | $6,128,060 | LandEOYFMVAmt |
| Other Assets BOY | $30,833,130 | OtherAssetsBOYAmt |
| Other Assets EOY | $56,961,309 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $56,961,309 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $604,994,484 | TotalAssetsBOYAmt |
| Total Assets EOY | $650,199,709 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $650,199,709 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $2,093,308 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $2,150,359 | AccountsPayableEOYAmt |
| Other Liabilities BOY | $2,094,731 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $34,252,726 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $4,188,039 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $36,403,085 | TotalLiabilitiesEOYAmt |
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
| Unrestricted BOY | $186,473,020 | UnrestrictedBOYAmt |
| Unrestricted EOY | $199,486,549 | UnrestrictedEOYAmt |
| Temporarily Restricted BOY | $414,333,425 | TemporarilyRestrictedBOYAmt |
| Temporarily Restricted EOY | $414,310,075 | TemporarilyRestrictedEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $600,806,445 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $613,796,624 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $604,994,484 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $650,199,709 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $600,806,445 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $13,860,447 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $614,666,892 | SubtotalAmt |
| Other Decreases | $870,268 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $613,796,624 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (44 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt |
|---|---|---|---|---|---|
| Adams Fund K-1 | P | $1,165,533 | $1,165,533 | ||
| Adams Fund K-1 | P | $5,610,045 | $5,610,045 | ||
| Atalaya Asset Income Fund III K-1 | P | -$52,159 | -$52,159 | ||
| Caryle Partners VII Cayman K-1 | P | $16 | $16 | ||
| Choice Int'l Common Shares (CHH) | D | $1,905,699 | $1,905,699 | $4,767,699 | $2,862,000 |
| Emerging Market Assets | P | -$10,485 | -$10,485 | $110,578 | $121,063 |
| Emerging Market Assets | P | $1,049,534 | $1,049,534 | $7,637,835 | $6,588,301 |
| Generation IM Global Equity Fund K-1 | P | -$93,927 | -$93,927 | ||
| Generation IM Global Equity Fund K-1 | P | -$134,100 | -$134,100 | ||
| Generation IM Global Equity Fund K-1 UBI | P | $0 | $0 | $84,704 | $84,704 |
| Generation IM Global Equity Fund K-1 UBI | P | $0 | $0 | $35,172 | $35,172 |
| Georgetown Oppor Fund Series K-1 | P | $270,921 | $270,921 | ||
| Georgetown Oppor Fund Series K-1 | P | $2,068 | $2,068 | ||
| GMO RGL Distributions | P | $3,582,531 | $3,582,531 | $3,582,531 | |
| GMO RGL Distributions | P | $92,962 | $92,962 | $92,962 | |
| Opportunistic | P | $3,482,010 | $3,482,010 | $10,500,000 | $7,017,990 |
| Opportunistic | P | $5,818 | $5,818 | $5,818 | |
| PIMCO Mutual funds | P | $7,461 | $7,461 | $7,010,247 | $7,002,786 |
| Private Equity | P | $40,855 | $40,855 | $188,680 | $147,825 |
| Private Equity | P | $759,462 | $759,462 | $759,462 | |
| Publicly Traded Securities-Chevy Chase | P | -$37,909 | -$37,909 | $1,042,507 | $1,080,416 |
| Publicly Traded Securities-Corporate Preferreds | P | -$11,680 | -$11,680 | $1,567,000 | $1,578,680 |
| Publicly Traded Securities-Fixed Income | P | -$33,677 | -$33,677 | $8,893,408 | $8,927,085 |
| Publicly Traded Securities-Fixed Income | P | -$6,240 | -$6,240 | $388,770 | $395,010 |
| Publicly Traded Securities-MFB Northern Instl Funds | P | $46 | $46 | $46 | |
| Publicly Traded Securities-PIMCO | P | -$537 | -$537 | $5,000,090 | $5,000,627 |
| Publicly Traded Securities-Vanguard Mutual Funds | P | $24,110 | $24,110 | $670,914 | $646,804 |
| Publicly Traded Securities-Vanguard Mutual Funds | P | $2,500,350 | $2,500,350 | $13,329,086 | $10,828,736 |
| Publicly Traded Securities-Chevy Chase | P | $195,364 | $195,364 | $724,758 | $529,394 |
| Real Asset-Rose Housing | P | $104,519 | $104,519 | $254,284 | $149,765 |
| Real Asset-Rose Housing | P | $234,928 | $234,928 | $323,225 | $88,297 |
| Real Asset-Turner-Agassi | P | $49,844 | $49,844 | $141,759 | $91,915 |
| Rose Affordable Housing Pres. Fund K-1 | P | $350,421 | $350,421 | ||
| Sale of property and equipment | P | $308,264 | $308,264 | $3,241,164 | $2,932,900 |
| Silver Point Specialty Credit Fund K-1 | P | $9,773 | $9,773 | ||
| Silver Point Specialty Credit Fund K-1 | P | $5,549 | $5,549 | ||
| Silver Point Specialty Credit Fund K-1 UBI | P | $0 | $0 | $9,557 | $9,557 |
| Silver Point Specialty Credit Fund K-1 UBI | P | $0 | $0 | $5,426 | $5,426 |
| Vista Equity Partners Fund VII K-1 | P | $755,851 | $755,851 | ||
| Turner-Agassi Charter School Facilities Fund II K-1 | P | -$62,221 | -$62,221 | ||
| Wellington Trust Co. K-1 | P | $857,404 | $857,404 | ||
| Wellington Trust Co. K-1 | P | -$705,393 | -$705,393 | ||
| Choice Int'l Common Shares (CHH) | D | $9,985,817 | $9,985,817 | $25,378,607 | $15,392,790 |
| Dinwiddie Investment-UBI | D | $0 | $0 | $4,677,000 | $4,677,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $32,208,827 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $3,277,118 | NetShortTermCapitalGainLossAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $22,842,574 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $570,030,559 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.040073 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $20,819,267 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $510,616,116 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.040773 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $20,277,216 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $426,171,893 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.047580 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $17,979,265 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $255,689,731 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.070317 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $19,608,282 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $225,884,753 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.086807 | DistributionYr5Rt |
| Total Distribution | 0.285550 | TotalDistributionRt |
| Average Distribution | 0.057110 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $581,689,673 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $33,220,297 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $389,126 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $33,609,423 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $25,124,850 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $778,253 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $778,253 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $778,253 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $565,990 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $315,000 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $880,990 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $102,737 | OverpaymentAmt |
| Applied To ES Tax | $102,737 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | DC | OrgReportOrRegisterStateCd |
| Org Report Or Register State | MD | OrgReportOrRegisterStateCd |
| Org Report Or Register State | VA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | Yes (1) | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | www.bainumfdn.org | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2404500000 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7735 Old Georgetown Road Ste 1000 | AddressLine1Txt |
| City | Bethesda | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 20814 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | Yes (1) | ForeignAccountsQuestionInd |
| Foreign Country | CJ | ForeignCountryCd |
| Foreign Country | CA | ForeignCountryCd |
| Foreign Country | VQ | ForeignCountryCd |
| Foreign Country | BD | ForeignCountryCd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | Yes (1) | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (1) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | Yes (1) | BusinessHoldingsInd |
| Excess Business Holdings | 0 | ExcessBusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | 0 | TransactionsFailToQlfyAsExcInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (13 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 |
|---|---|---|---|---|---|---|---|---|
| Barbara Bainum | ||||||||
| 7735 Old Georgetown Road | Bethesda | MD | 20814 | Chair/CEO/President (Left 07/2019) | 40.00 | $399,900 | $90,532 | $0 |
| Mark R Birmingham | ||||||||
| 7735 Old Georgetown Road | Bethesda | MD | 20814 | CFO/CIO/TREASURER (Left 10/2019) | 40.00 | $432,528 | $90,120 | $0 |
| Rozita La Gorce Green | ||||||||
| 7735 Old Georgetown Road | Bethesda | MD | 20814 | Chief Strategy Officer (Left 4/2019) | 40.00 | $301,881 | $53,698 | $0 |
| Mae Cheung | ||||||||
| 7735 Old Georgetown Road | Bethesda | MD | 20814 | Secretary (Appointed 4/2019) | 35.00 | $108,010 | $14,196 | $0 |
| David Daniels | ||||||||
| 7735 Old Georgetown Road | Bethesda | MD | 20814 | COO | 40.00 | $252,518 | $69,482 | $0 |
| Alexander Froom | ||||||||
| 7735 Old Georgetown Road | Bethesda | MD | 20814 | Director | 1.00 | $0 | $0 | $0 |
| Charles A Ledsinger | ||||||||
| 7735 Old Georgetown Road | Bethesda | MD | 20814 | Director (Left 3/2019) | 1.00 | $0 | $0 | $0 |
| Joan Lombardi | ||||||||
| 7735 Old Georgetown Road | Bethesda | MD | 20814 | Director | 1.00 | $0 | $0 | $0 |
| Scott Renschler | ||||||||
| 7735 Old Georgetown Road | Bethesda | MD | 20814 | Director | 1.00 | $0 | $0 | $0 |
| Kenny Emson | ||||||||
| 7735 Old Georgetown Road | Bethesda | MD | 20814 | Director | 1.00 | $0 | $0 | $0 |
| Tammy Mann | ||||||||
| 7735 Old Georgetown Road | Bethesda | MD | 20814 | Director | 1.00 | $0 | $0 | $0 |
| Maura Marino | ||||||||
| 7735 Old Georgetown Road | Bethesda | MD | 20814 | Director(Left 12/2019) | 1.00 | $0 | $0 | $0 |
| Roberto Rodriguez | ||||||||
| 7735 Old Georgetown Road | Bethesda | MD | 20814 | Director | 1.00 | $0 | $0 | $0 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee BenefitsEmployeeBenefitsAmt | Expense AccountExpenseAccountAmt |
|---|---|---|---|---|---|---|---|---|
| Angela Deeds | ||||||||
| 7735 Old Georgetown Road | Bethesda | MD | 20814 | Sr. Dir. of Finance | 40.00 | $211,949 | $32,395 | $0 |
| Clara Northington | ||||||||
| 7735 Old Georgetown Road | Bethesda | MD | 20814 | Vice President of Hu | 40.00 | $167,787 | $46,284 | $0 |
| Noel Bravo | ||||||||
| 7735 Old Georgetown Road | Bethesda | MD | 20814 | Sr. Dir. of Program | 40.00 | $171,135 | $35,030 | $0 |
| Ann Egan | ||||||||
| 7735 Old Georgetown Road | Bethesda | MD | 20814 | Sr. Dir. of Communic | 40.00 | $161,932 | $33,967 | $0 |
| Rebecca Cisek | ||||||||
| 7735 Old Georgetown Road | Bethesda | MD | 20814 | Sr. Dir. of Talent a | 40.00 | $160,704 | $7,408 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Employee Paid Over50k | 24 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| The Rock Creek Group | |||||
| 1133 Conneticut Avenue NW Suite 810 | Washington | DC | 20036 | Investment consulting | $444,775 |
| George Washington University | |||||
| GCAS PO Box 829896 | Philadelphia | PA | 19182 | Programmatic consulting | $315,743 |
| Telecommunications Development Corp | |||||
| 1919 13th Street NW | Washington | DC | 20009 | Programmatic consulting | $250,000 |
| Reinvestment Fund | |||||
| 1700 Market Street Suite 1900 | Philadelphia | PA | 19103 | Programmatic consulting | $209,694 |
| Russell Reynolds | |||||
| 1700 New York Avenue NW Suite 400 | Washington | DC | 20006 | Staff recruitment and DEI consulting | $143,989 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 17 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | DC Initiative-The D.C. Wards 7 and 8 Initiative includes two bodies of work focused on building capacity and knowledge in practice, policy and research. Early Learning: We support healthy development and learning for infants and toddlers, ages 0 to 3. We are working to create a comprehensive system of supports in the District of Columbia that address children's cognitive, social, emotional and physical development and also provide families with vital wrap-around supports in health, mental wellness and nutrition. School Mental Health: We are researching and implementing best practices to help schools develop high-quality comprehensive school mental health systems that support students' social and emotional well-being. These systems emphasize prevention and early identification of mental health and substance abuse concerns, not just treatment of them. | Description1Txt |
| Expenses1 | $7,444,462 | Expenses1Amt |
| Description2 | Food Security Initiative-Our Food Security Initiative works to support regional food solutions that increase healthy-food availability and access for children and communities in the District of Columbia's Wards 7 and 8. In collaboration with the Bainum Foundation Farm LLC, the Food Security Initiative is focused on working with partners to make the regional food system stronger and more equitable. | Description2Txt |
| Expenses2 | $1,699,365 | Expenses2Amt |
| Description3 | Seventh-day Adventist Initiative-Our founders Stewart and Jane Bainum largely credit their success in life to their education at Seventh-day Adventist boarding schools. In their honor, the Foundation has long supported faith-based education as part of our mission. Currently, our Seventh-day Adventist (SDA) Initiative team oversees programs that work to ensure excellence in leadership, instruction and business operations while continuing strategic facility investments at faith-based schools. | Description3Txt |
| Expenses3 | $4,041,403 | Expenses3Amt |
| Description4 | Family Philanthropy Initiative-The Bainum family awards grants to nonprofit organizations through its Family Fund and Global Education Fund. The Family Fund is managed by a multigenerational group of family members who select grant recipient organizations nationwide. The Global Education Fund supports grants to U.S.-based organizations that engage in improving the quality of early education globally. The Foundation encourages staff philanthropy through a matching gifts program, whereby staff can give to charities of their choosing. | Description4Txt |
| Expenses4 | $1,595,712 | Expenses4Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | Construction of an early learning center in Florida. | Description1Txt |
| Expenses1 | $3,636,915 | Expenses1Amt |
| Description2 | Providing funding for a social enterprise grocery store in the District of Columbia Ward 8. | Description2Txt |
| Expenses2 | $555,000 | Expenses2Amt |
| Total | $4,191,915 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $266,087,911 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $7,643,813 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $316,816,167 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $590,547,891 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $25,098,285 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $590,547,891 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $8,858,218 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $581,689,673 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $29,084,484 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sect4942j3j5 Fndtn And Frgn Org | Yes (X) | Sect4942j3j5FndtnAndFrgnOrgInd |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $20,892,918 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $4,191,915 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $40,017 | CharitableAssetsAcquisPaidAmt |
| Qualifying Distributions | $25,124,850 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $25,124,850 | AdjustedQualifyingDistriAmt |
Private Operating Foundations PrivateOperatingFoundationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Section4942j3 | Yes (X) | Section4942j3Ind |
Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $14,980,922 | CurrentYearAmt |
| Year1 | $9,564,082 | Year1Amt |
| Year2 | $9,816,847 | Year2Amt |
| Year3 | $10,330,454 | Year3Amt |
| Total | $44,692,305 | TotalAmt |
Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $12,733,784 | CurrentYearAmt |
| Year1 | $8,129,470 | Year1Amt |
| Year2 | $8,344,320 | Year2Amt |
| Year3 | $8,780,886 | Year3Amt |
| Total | $37,988,459 | TotalAmt |
Qualifying Distributions QualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $25,124,850 | CurrentYearAmt |
| Year1 | $22,842,574 | Year1Amt |
| Year2 | $20,819,267 | Year2Amt |
| Year3 | $20,277,216 | Year3Amt |
| Total | $89,063,907 | TotalAmt |
Qualifying Distri Not Used Drt QualifyingDistriNotUsedDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $1,486,665 | CurrentYearAmt |
| Year1 | $1,923,218 | Year1Amt |
| Year2 | $1,971,639 | Year2Amt |
| Year3 | $1,074,123 | Year3Amt |
| Total | $6,455,645 | TotalAmt |
Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $23,638,185 | CurrentYearAmt |
| Year1 | $20,919,356 | Year1Amt |
| Year2 | $18,847,628 | Year2Amt |
| Year3 | $19,203,093 | Year3Amt |
| Total | $82,608,262 | TotalAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total Assets Sect4942j3 Bi TotalAssetsSect4942j3BiGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $19,389,656 | CurrentYearAmt |
| Year1 | $19,001,019 | Year1Amt |
| Year2 | $17,020,537 | Year2Amt |
| Year3 | $14,205,730 | Year3Amt |
| Total | $69,616,942 | TotalAmt |
Total Support TotalSupportGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Public Support Type PublicSupportType
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Largest Support From EO LargestSupportFromEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Gross Investment Income GrossInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (68 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|
| Alice's Kids Inc | |||||||
| 3212 Wessynton Way | Mount Vernon | VA | 22309 | PC | General support | $50 | |
| American Civil Liberties Union Foundation Inc | |||||||
| 125 Broad Street 18th Floor | New York | NY | 10004 | PC | General support | $120 | |
| American Civil Liberties Union Foundation Inc | |||||||
| 125 Broad Street 18th Floor | New York | NY | 10004 | PC | General operating | $100 | |
| American Society For The Prevention Of Cruelty To Animals | |||||||
| 11901 Wornall Road | Kansas City | MO | 64145 | PC | General support | $50 | |
| Avila University | |||||||
| 6600 Little Falls Road | Arlington | VA | 22213 | PC | General support | $100 | |
| Bishop O'Connell High School | |||||||
| 23151 Camino Altazano | Santa Margarita | CA | 92688 | PC | Gratitude | $195 | |
| Bishop Of North American Region Of Sukyo Mahikari | |||||||
| 4900 Puerto Rico Avenue NE | Washington | DC | 20017 | PC | General support | $222 | |
| Capital Area Food Bank Foundation | |||||||
| 111 Michigan Avenue NW | Washington | DC | 20010 | PC | General support | $100 | |
| ChildFund International | |||||||
| 2821 Emerywood Parkway | Richmond | VA | 23294 | PC | General operating | $50,000 | |
| Childrens Hospital Foundation | |||||||
| 124 Estoria Street SE | Atlanta | GA | 30316 | PC | General operating | $135 | |
| Community Resources for Children | |||||||
| 3299 Claremont Way Suite 1 | Napa | CA | 94558 | PC | Active Minds School Readiness and Toy Library/Earl | $25,000 | |
| Compass Family Services | |||||||
| 37 Grove Street | San Francisco | CA | 94102 | PC | Compass Clinical Services | $55,000 | |
| Concrete Jungle Inc | |||||||
| 845 3rd Avenue 8th Floor | Kentfield | NY | 10022 | PC | Native American Methane Capture | $60 | |
| Cool Effect Inc | |||||||
| 1010 Grandin Ave Room B3 | Rockville | MD | 20851 | PC | General support | $40 | |
| Court Appointed Special Advocate Montgomery County Maryland Inc | |||||||
| 324 Blackwell Street Suite 850 | Durham | NC | 27701 | PC | Trinity College of Arts and Sciences Financial Aid | $200 | |
| Duke University | |||||||
| 15 Lebanon Street | Hanover | NH | 03755 | PC | general support | $20 | |
| Duke University | |||||||
| 324 Blackwell Street Suite 850 | Durham | NC | 27701 | PC | Trinity College Financial Aid | $20 | |
| El Nido Family Centers | |||||||
| 440 Shatto Place | Los Angeles | CA | 90020 | PC | General operating | $55,555 | |
| Firelight Foundation | |||||||
| 903 Pacific Avenue Suite 307 A | Santa Cruz | CA | 95060 | PC | Communities Cultivating Early Childhood Development | $107,210 | |
| Firelight Foundation | |||||||
| 903 Pacific Avenue Suite 307 A | Santa Cruz | CA | 95060 | PC | Flexible project support for IEFG | $10,000 | |
| Florida Keys Healthy Start Coalition Inc | |||||||
| PO Box 6166 | Key West | FL | 33041 | PC | Florida Keys Healthy Start Core Family Support Services | $55,000 | |
| Global Campaign For Education-US Inc | |||||||
| 1201 16th Street NW | Washington | DC | 20036 | PC | General operating | $50,000 | |
| Global Fund For Children | |||||||
| 1411 K Street NW 12th Floor | Washington | DC | 20005 | PC | Barriers to adolescent girls' education with ECCD | $200,000 | |
| Grassroot Soccer Inc | |||||||
| 5 Thomas Circle NW | Washington | DC | 20005 | PC | General support | $140 | |
| House Of Ruth | |||||||
| 1640 Rhode Island Avenue NW | Washington | DC | 20036 | PC | General support | $100 | |
| Human Rights Campaign Foundation | |||||||
| 40 Worth Street Room 701 | New York | NY | 10013 | PC | General support | $50 | |
| Innocence Project Inc | |||||||
| 2505 University Boulevard | Ames | IA | 50010 | PC | General support | $150 | |
| International Child Resource Exchange Institute | |||||||
| 2095 Harrison Street | San Francisco | CA | 94110 | PC | Project Commotion | $55,555 | |
| International Rescue Committee Inc | |||||||
| 122 East 42nd Street 12th Floor | New York | NY | 10168 | PC | Pre-School Healing Classrooms in 7 refugee camps | $125,000 | |
| Iowa State University Foundation | |||||||
| PO Box 928 | Lawrence | KS | 66044 | PC | General support | $100 | |
| Kansas University Endowment Assoc | |||||||
| 2375 Elvans Road SE | Washington | DC | 20020 | PC | General support | $100 | |
| Lighthouse Central Florida Inc | |||||||
| 2500 Kunze Avenue | Orlando | FL | 32806 | PC | Early Intervention | $55,555 | |
| LitLab | |||||||
| 120 Linden Street | Oakland | CA | 94607 | PC | Richmond Early Learning with kidappolis | $55,555 | |
| Martha's Table | |||||||
| 3905 National Drive Suite 280 | Burtonsville | MD | 20866 | PC | MSA Disaster Relief Fund | $75 | |
| Masonic Service Association Education Department | |||||||
| 3100 Broadway Boulevard Suite 400 | Kansas City | MO | 64111 | PC | General support | $20 | |
| Metropolitan Organization To Counter Sexual Assault | |||||||
| 211 North 12th Street | Lincoln | NE | 68508 | PC | General operating | $100 | |
| National Arbor Day Foundation | |||||||
| 424 E 92nd Street | New York | NY | 10128 | PC | General support | $65 | |
| Natural Resources Defense Council Inc | |||||||
| 22708 Birchcrest Lane | Clarksburg | MD | 20871 | PC | Ride Allegheny | $60 | |
| Natural Resources Defense Council Inc | |||||||
| 3039 Troost Avenue | Kansas City | MO | 64109 | PC | General support | $50 | |
| Nature Conservancy | |||||||
| 600B E Gude Drive | Rockville | MD | 20850 | PC | General support | $60 | |
| Oneamerica | |||||||
| 1225 S Weller Street Suite 460 | Seattle | WA | 98144 | PC | Speak Your Language (SPEAK) Campaign | $25,000 | |
| Open Arms Perinatal Services | |||||||
| 2524 16th Avenue South 207 A | Seattle | WA | 98144 | PC | Birth Doula Services and Outreach Doula Services | $35,555 | |
| Operation Breakthrough Inc | |||||||
| 22708 Birchcrest Lane | Clarksburg | MD | 20871 | PC | General support | $100 | |
| Operation Second Chance Inc | |||||||
| 123 William Street 10th Floor | New York | NY | 10038 | PC | General support | $26 | |
| Operation Second Chance Inc | |||||||
| 155 Plan Way | Warwick | RI | 02886 | PC | General support | $25 | |
| Plan International USA Inc | |||||||
| 1305 N Flores Street | Windcrest | TX | 78239 | PC | General support | $100 | |
| Planned Parenthood Federation Of | |||||||
| 2800 16th Street NW | Washington | DC | 20009 | PC | General support | $100 | |
| Refugee & Immigrant Center For Education & Legal Services | |||||||
| 2800 16th St NW | Washington | DC | 20009 | PC | General support | $50 | |
| Reginald S Lourie Center For Infants And Young Children | |||||||
| 12301 Academy Way | Rockville | MD | 20852 | PC | Construction Project: Reginald S. Lourie Center | $317,777 | |
| San Francisco Friends School | |||||||
| 250 Valencia Street | San Francisco | CA | 94103 | PC | General support | $100 | |
| San Francisco Friends School | |||||||
| 250 Valencia Street | San Francisco | CA | 94103 | PC | General support | $100 | |
| Save The Children Federation Inc | |||||||
| 501 Kings Highway East Suite 400 | Fairfield | CT | 06825 | PC | Strategies for Early Childhood Development Program | $125,000 | |
| Scottish Rite Foundation Of The District Of Columbia Inc | |||||||
| 600B E Gude Drive | Rockville | MD | 20850 | PC | General support | $20 | |
| Scottish Rite Foundation Of The District Of Columbia Inc | |||||||
| 600B E Gude Drive | Rockville | MD | 20850 | PC | General support | $20 | |
| Smile Train Inc | |||||||
| 633 Third Avenue 9th Floor | New York | NY | 10017 | PC | General support | $50 | |
| Smile Train Inc | |||||||
| 633 Third Avenue 9th Floor | New York | NY | 10017 | PC | General support | $50 | |
| Some Inc | |||||||
| 71 O Street NW | Washington | DC | 20001 | PC | General support | $100 | |
| Some Inc | |||||||
| 71 O Street NW | Washington | DC | 20001 | PC | General support | $75 | |
| Southern Poverty Law Center Inc | |||||||
| PO Box 548 | Montgomery | AL | 36101 | PC | General support | $50 | |
| St Helena Preschool For All Inc | |||||||
| 465 Main Street | St Helena | CA | 94574 | PC | Scholarship funds for St. Helena Preschool for All | $25,000 | |
| Teach For America Inc | |||||||
| 25 Broadway 12th Floor | New York | NY | 10004 | PC | General operating | $25 | |
| The Montgomery County Coalition For The Homeless Inc | |||||||
| 40 West 20th Street | New York | NY | 10011 | PC | General support | $150 | |
| The Montgomery County Coalition For The Homeless Inc | |||||||
| 40 West 20th Street | New York | NY | 10011 | PC | General support | $50 | |
| The Montgomery County Coalition For The Homeless Inc | |||||||
| 4245 Fairfax Drive | Arlington | VA | 22203 | PC | General support | $100 | |
| University Of Maryland College Park Foundation Inc | |||||||
| 1308 Benjamin Building University | College Park | MD | 20742 | PC | Facilitate Trauma Sensitive Pedagogy | $55,000 | of Maryland |
| University Of The South | |||||||
| 735 University Avenue | Sewanee | TN | 37383 | PC | General support | $50 | |
| Village Shalom Inc | |||||||
| 5500 West 123rd Street | Overland Park | KS | 66209 | PC | General support | $30 | |
| Women For Women International | |||||||
| 2000 M Street NW | Washington | DC | 20036 | PC | General support | $50 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,486,665 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $42,219 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 900000 | BusinessCd |
| Unrelated Business Taxbl Incm | $27,269 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 14 | ExclusionCd |
| Exclusion | $8,018,938 | ExclusionAmt |
Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 16 | ExclusionCd |
| Exclusion | $1,123,200 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 900000 | BusinessCd |
| Unrelated Business Taxbl Incm | $240,954 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 14 | ExclusionCd |
| Exclusion | $20,633 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 900000 | BusinessCd |
| Unrelated Business Taxbl Incm | $1,882,059 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 18 | ExclusionCd |
| Exclusion | $29,086,292 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Note receivable interest | Desc |
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,155,857 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $2,150,282 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $39,447,139 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $41,597,421 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Jane Bainum | BusinessNameLine1Txt |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7735 Old Georgetown Road Suite 1000 | AddressLine1Txt |
| City | Bethesda | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 20814 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $829,488 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Accounting fees | CategoryTxt |
| Amt | $156,328 | Amt |
| Net Investment Income | $5,244 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $5,244 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $161,902 | DisbursementsCharitablePrpsAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (2 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| iShares Core U.S. Aggregate Bond ETF | $9,991,881 | $9,991,881 |
| Doubleline Total Return Bond Fund | $18,676,628 | $18,676,628 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (52 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| Alphabet / Google Inc Com | $370,752 | $370,752 |
| Amazon | $162,852 | $162,852 |
| American Elec Power | $386,364 | $386,364 |
| Apple Computer | $234,535 | $234,535 |
| BAC Capital TR XIV | $1,660,000 | $1,660,000 |
| Choice Hotels International, Inc. | $97,459,415 | $97,459,415 |
| Citigroup Inc | $237,892 | $237,892 |
| CME Group | $225,168 | $225,168 |
| Cognex Corp Com | $206,122 | $206,122 |
| Cryoport Inc Com | $83,338 | $83,338 |
| CVS Health Corp | $213,928 | $213,928 |
| Daifuku Co LTD NPV | $297,783 | $297,783 |
| Delivery Hero SE NPV | $196,062 | $196,062 |
| Delta Air Lines | $169,115 | $169,115 |
| Dominion Resources Inc | $475,000 | $475,000 |
| Editas Medicine | $89,287 | $89,287 |
| EOG Resources Inc. Com | $163,030 | $163,030 |
| Estee Lauder | $246,283 | $246,283 |
| Fanuc Corp | $238,997 | $238,997 |
| FLIR Systems | $352,840 | $352,840 |
| GMO Quality Fund | $25,533,314 | $25,533,314 |
| Goldman Sachs Capital II | $1,620,000 | $1,620,000 |
| Goldman Sachs Group | $248,180 | $248,180 |
| GrubHub Inc | $155,278 | $155,278 |
| Horizon Discovery | $82,970 | $82,970 |
| Illumina Inc | $415,921 | $415,921 |
| IMPINJ | $348,277 | $348,277 |
| Inditex | $201,361 | $201,361 |
| ING Groep ADR | $210,771 | $210,771 |
| Intellia Therapeutics | $78,707 | $78,707 |
| Inuitive Surgical | $199,853 | $199,853 |
| JPMorgan Chase | $1,432,226 | $1,432,226 |
| LVMH Moet Hennessy ADR | $196,434 | $196,434 |
| MSCI Inc | $213,478 | $213,478 |
| Nestle ADR | $227,377 | $227,377 |
| Nike Cl B | $250,507 | $250,507 |
| Novartis ADR | $357,296 | $357,296 |
| NVIDIA | $77,188 | $77,188 |
| Range Resources Corp | $74,686 | $74,686 |
| Regeneron Pharm | $204,389 | $204,389 |
| Royal Dutch Shell PLC | $260,593 | $260,593 |
| Splunk | $232,889 | $232,889 |
| Square Inc | $141,724 | $141,724 |
| Sumitomo Mitsui Finl Grp | $225,626 | $225,626 |
| Terreno Realty Corp | $316,161 | $316,161 |
| Unilever NV ADR | $285,202 | $285,202 |
| Vanguard Developed Markets Index Fund | $15,642,069 | $15,642,069 |
| Vanguard Total Stock Market Index Fund | $5,562,841 | $5,562,841 |
| Verizon Communications Com | $340,438 | $340,438 |
| Walt Disney Company | $319,076 | $319,076 |
| Wells Fargo & Co | $2,016,500 | $2,016,500 |
| XL Capital LTD | $1,920,000 | $1,920,000 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (41 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| Atalaya Asset Income Fund III LP | FMV | $1,793,299 | $1,793,299 |
| Avenue Aviation Opportunities Fund II (Offshore), LP | FMV | $1,770,918 | $1,770,918 |
| Cyrus Opportunities Fund II, Ltd** | FMV | $6,046,841 | $6,046,841 |
| FJ Capital Financial Opportunity Fund, Ltd | FMV | $26,903,871 | $26,903,871 |
| New Energy Capital Infrastructure Credit Fund II, L.P.** | FMV | $62,469 | $62,469 |
| Silver Point Specialty Credit Fund, LP | FMV | $5,149,958 | $5,149,958 |
| TCI Real Estate Partners Fund II, LP | FMV | $5,188,073 | $5,188,073 |
| Fairmont Building, LLC Real Estate | FMV | $989,494 | $989,494 |
| Grain Communications Opportunity Fund II, L.P. | FMV | $309,575 | $309,575 |
| IPI Data Center Partners Fund I, LP | FMV | $3,148,427 | $3,148,427 |
| Rose Affordable Housing Preservation Fund IV, L.P. | FMV | $4,738,924 | $4,738,924 |
| Turner-Agassi Charter School Facilities Fund II, L.P. | FMV | $1,382,686 | $1,382,686 |
| Adams Fund Series LLC-Adage Series | FMV | $35,969,403 | $35,969,403 |
| Ellington Enhanced Income Fund, Ltd | FMV | $10,398,627 | $10,398,627 |
| Generation IM Global Equity Fund, LLC | FMV | $13,902,575 | $13,902,575 |
| Kalorama Separate Account Overlook | FMV | $6,749,279 | $6,749,279 |
| Rock Creek Bainum Family Fnd Hedge Fund | FMV | $119,252,906 | $119,252,906 |
| Wellington Emerging Market Local Equity Composite | FMV | $16,860,531 | $16,860,531 |
| AH Bio Fund II, LP** | FMV | $946,769 | $946,769 |
| Andreesen Horowitz Fund V-Q, LP & AH Parallel Fund V-Q, LP** | FMV | $1,714,659 | $1,714,659 |
| Andreessen Horowitz Fund VI-Q, LP | FMV | $467,500 | $467,500 |
| Bond Capital Fund, LP | FMV | $550,000 | $550,000 |
| Carlyle Partners VII, LP | FMV | $311,072 | $311,072 |
| Clayton Dubilier & Rice X LP | FMV | $963,224 | $963,224 |
| Coatue CT XXI LLC (Meituan Co-Invest) | FMV | $174,847 | $174,847 |
| Coatue Kona III Offshore Feeder Fund L.P. | FMV | $826,715 | $826,715 |
| Foundation Capital IX, L.P. | FMV | $341,762 | $341,762 |
| H Capital V, L.P. | FMV | $502,866 | $502,866 |
| Kleiner Perkins Caufield & Byers XVII, LLC** | FMV | $608,112 | $608,112 |
| KPCB Digital Growth Fund III, LLC** | FMV | $10,900,320 | $10,900,320 |
| Owl Ventures II, L.P. | FMV | $2,015,523 | $2,015,523 |
| Owl Ventures III, L.P. | FMV | $1,481,384 | $1,481,384 |
| Silver Lake Partners V, LP | FMV | $1,083,224 | $1,083,224 |
| Tiger Global Private Investment Partners XI, L.P. | FMV | $2,480,830 | $2,480,830 |
| TPG Growth IV, L.P. | FMV | $370,843 | $370,843 |
| Trustbridge Partners VI L.P.** | FMV | $1,632,177 | $1,632,177 |
| Viking Global Opportunities LP** | FMV | $1,223,551 | $1,223,551 |
| Vista Equity Partners Fund VI, L.P. | FMV | $5,847,362 | $5,847,362 |
| Vista Equity Partners Fund VII, L.P. | FMV | $505,132 | $505,132 |
| Vista Foundation Fund III, L.P. | FMV | $3,172,735 | $3,172,735 |
| YC II** | FMV | $9,677,636 | $9,677,636 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (10 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|---|
| Computer hardware | $311,625 | $306,197 | $5,428 | $5,428 |
| Furniture and equipment | $701,756 | $358,319 | $343,437 | $343,437 |
| Telephone system | $41,973 | $37,682 | $4,291 | $4,291 |
| Computer software | $579,873 | $579,873 | $0 | |
| LHI/Office Expansion | $874,841 | $97,751 | $777,090 | $777,090 |
| Land- Naples, Florida | $874,057 | $0 | $874,057 | $874,057 |
| Bainum Foundation Farm, LLC | $3,465,000 | $0 | $3,465,000 | $3,465,000 |
| LHI/Farm | $50,400 | $7,490 | $42,910 | $42,910 |
| Building Farm LLC | $716,356 | $123,656 | $592,700 | $592,700 |
| Vehicles and farm equipment | $39,175 | $16,028 | $23,147 | $23,147 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Legal fees | CategoryTxt |
| Legal Fees | $120,071 | LegalFeesAmt |
| Net Investment Income | $61,407 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $61,407 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $97,920 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (6 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| Accrued interest/dividend receivable | $464,464 | $380,379 | $380,379 |
| Other receivable | $2,556,394 | $27,564 | $27,564 |
| Federal excise tax receivable | $180,045 | $0 | $0 |
| Investment related receivables and pending purchases | $22,232,227 | $53,566,358 | $53,566,358 |
| Program related investments | $5,400,000 | $955,000 | $955,000 |
| Right to use asset | $2,032,008 | $2,032,008 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| Unrealized loss on investments | $753,275 |
| Change in FMV of pledge donated assets | $116,993 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (7 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| Licensing, dues, and subscriptions | $331,848 | $7,422 | $7,422 | $360,198 |
| Scholarships | $564,170 | $0 | $0 | $570,516 |
| Provision for PRI forgiveness | $3,636,915 | $0 | $0 | $0 |
| Office related expenses | $26,795 | $245 | $246 | $38,017 |
| Insurance | $93,981 | $0 | $0 | $89,099 |
| Equipment and maintenance | $130,802 | $0 | $0 | $140,208 |
| Farm expense | $39,886 | $0 | $0 | $44,375 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| Partnership K-1 Investments | $20,633 | $20,633 | $20,633 |
| Partnership K-1 Investments UBI | $240,954 | $0 | $0 |
| Note receivable interest | $1,155,857 | $1,155,857 | $1,155,857 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (3 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| Deferred federal excise tax payable | $2,094,731 | $2,220,821 |
| Operating lease liability | $0 | $2,032,008 |
| Investment related payables | $0 | $29,999,897 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (6 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| Consulting fees | $2,653,072 | $15,226 | $15,226 | $2,555,690 |
| Investment fees K-1 | $2,205,937 | $2,205,937 | $2,205,937 | $0 |
| Investment fees | $795,601 | $795,601 | $795,601 | $0 |
| Partner Agreements | $6,701,890 | $0 | $0 | $7,228,988 |
| Investment fees K-1 UBI | $2,690 | $0 | $0 | $0 |
| Staff recruiting | $210,611 | $0 | $0 | $208,282 |
Other Receivables Officers Sch OtherReceivablesOfficersSch
Officer Other Rcvbl OfficerOtherRcvblGrp (6 entries)
| Loan OriginalLoanOriginalAmt | Balance DueBalanceDueAmt | NoteNoteDt | Loan MaturityLoanMaturityDt | Repayment TermsRepaymentTermsTxt | InterestInterestRt | Security Provided BorrowerSecurityProvidedBorrowerTxt | Loan PurposeLoanPurposeTxt | Lender ConsiderationLenderConsiderationDesc | Consideration FMVConsiderationFMVAmt |
|---|---|---|---|---|---|---|---|---|---|
| Stewart W Bainum Jr | |||||||||
| $17,267,698 | $17,655,924 | 2014-09 | 2023-09 | Annual interest payments, balloon payment at maturity | 2.860000000000 | Personal guarantee | Purchase of estate assets under exception provisions in 53.4941(d)-3 | Estate assets | $0 |
| Scott A Renschler | |||||||||
| $1,165,050 | $1,191,243 | 2014-09 | 2023-09 | Annual interest payments, balloon payment at maturity | 2.860000000000 | Personal guarantee | Purchase of estate assets under exception provisions in 53.4941(d)-3 | Estate assets | $0 |
| Bruce D Bainum | |||||||||
| $17,449,670 | $17,680,273 | 2015-01 | 2024-01 | Annual interest payments, balloon payment at maturity | 2.750000000000 | Personal guarantee | Purchase of estate assets under exception provisions in 53.4941(d)-3 | Estate assets | $0 |
| Todd Renschler | |||||||||
| $540,900 | $548,007 | 2015-01 | 2024-01 | Annual interest payments, balloon payment at maturity | 2.750000000000 | Personal guarantee | Purchase of estate assets under exception provisions in 53.4941(d)-3 | Estate assets | $0 |
| Brian B Bainum | |||||||||
| $513,855 | $520,606 | 2015-01 | 2024-01 | Annual interest payments, balloon payment at maturity | 2.750000000000 | Personal guarantee | Purchase of estate assets under exception provisions in 53.4941(d)-3 | Estate assets | $0 |
| Dinwiddie Farms LLC | |||||||||
| $4,356,674 | $4,413,916 | 2015-01 | 2024-01 | Annual interest payments, balloon payment at maturity | 2.750000000000 | Corporate obligation | Purchase of estate assets under exception provisions in 53.4941(d)-3 | Estate assets | $0 |
Reduction Explanation Statement ReductionExplanationStatement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Short Explanation | Choice Hotels International Stock(CHH): The Principal sponsors, their descendants, including the CEO and several directors of the Foundation, own an aggregate of 37.48% of the common stock of CHH which is publicly traded in the United States of America. Although voting and dispositive power for the Foundation's CHH shares rests with a committee independent of the family and other affiliates of CHH, as a prudent matter, the Foundation has continued to comply with rule 144 requirements. As of June 30, 2019, the Foundation owned 1,214,672 Shares of CHH stock which represents 2.2% of the total CHH Shares issued and outstanding. The stock is valued at the June 30, 2019 NY stock exchange closing price discounted at 7.9%. The discount is based on an independent appraisal, from June 30, 2019, which was performed in compliance with the uniform standards of professional appraisal practices. | ShortExplanationTxt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| Federal excise tax | $1,353,344 | $0 | $0 | $925,383 |
| Foreign taxes K-1 | $50,397 | $50,397 | $50,397 | $0 |
| Deferred excise taxes | $126,091 | $0 | $0 | $0 |