WESTMEATH FOUNDATION: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- WESTMEATH FOUNDATION (EIN 46-1350014)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2020-11-16
- IRS object ID
- 202003219349105750
- Schema version
- 2019v5.1
- 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
- Depreciation Schedule
- Investments Other Schedule2
- Liquidation Explanation Stmt
- Other Expenses Schedule
- Other Professional Fees Schedule
- Substantial Contributors Sch
- Transfers Frm Controlled Entities
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-11-16T14:50:05-06:00 | ReturnTs |
| Tax Period End | 2019-12-31 | 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 | 2019-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 461350014 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Westmeath Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % Foundation Source | InCareOfNm |
| Business Name Control | WEST | 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 | MICHAEL J FINNEY | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 8008391754 | PhoneNum |
| Signature | 2020-11-12 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Jeffrey D Haskell | PreparerPersonNm |
| PTIN | P01345770 | PTIN |
| Phone | 8008391754 | PhoneNum |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 24.187.244.114 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Federal Original Submission Id | 06391520203215000052 | FederalOriginalSubmissionId |
| Federal Original Submission Id | 2020-11-16 | FederalOriginalSubmissionIdDt |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 2E580382B6EC9A3FAB9C3255FF56957C9676C3F6 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 2FA466E53C9029BFD3FCAD04E668A86C4955D701 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | TaxYr |
| Build TS | 2021-04-22 16:20:28Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $63,454,351 | 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 | $63,413,500 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $612 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $612 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $801,507 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $801,507 | DividendsNetInvstIncmAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $64,215,619 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $802,119 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $15,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $15,000 | CompOfcrDirTrstDsbrsChrtblAmt |
| Other Prof Fees Rev And Expnss | $4,341 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Dsbrs Chrtbl | $4,341 | OtherProfFeesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $72,089 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $125 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $71,964 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $91,430 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $125 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $91,305 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $921,779 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $921,779 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,013,209 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $125 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,013,084 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $63,202,410 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $801,994 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $251,941 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $440,851 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $440,851 | SavAndTempCashInvstEOYFMVAmt |
| Other Investments EOY | $63,013,500 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $63,013,500 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $251,941 | TotalAssetsBOYAmt |
| Total Assets EOY | $63,454,351 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $63,454,351 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $251,941 | RetainedEarningBOYAmt |
| Retained Earning EOY | $63,454,351 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $251,941 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $63,454,351 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $251,941 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $63,454,351 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $251,941 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $63,202,410 | ExcessRevenueOverExpensesAmt |
| Subtotal | $63,454,351 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $63,454,351 | TotNetAstOrFundBalancesEOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cap Gains Loss Tx Invst Incm Detail | CapGainsLossTxInvstIncmDetail |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $902,351 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $581,622 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 1.551439 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $1,362,797 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $917,080 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 1.486018 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $1,125,371 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $2,239,232 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.50257 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $597,784 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $2,990,184 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.199915 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $857,485 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $1,089,705 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.786896 | DistributionYr5Rt |
| Total Distribution | 4.526838 | TotalDistributionRt |
| Average Distribution | 0.905368 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $18,594,490 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $16,834,856 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $8,020 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $16,842,876 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $1,013,084 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $16,040 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $16,040 | SubtotalAmt |
| Tax Based On Investment Income | $16,040 | TaxBasedOnInvestmentIncomeAmt |
| Extsn Request Income Tax Paid | $16,441 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $16,441 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Overpayment | $401 | OverpaymentAmt |
| Applied To ES Tax | $401 | 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 | Yes (true) | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | CO | OrgReportOrRegisterStateCd |
| Org Report Or Register State | DE | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | Yes (true) | NewSubstantialContributorsInd |
| Own Controlled Entity | Yes (true) | 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 | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | Yes (true) | BusinessHoldingsInd |
| Excess Business Holdings | false | ExcessBusinessHoldingsInd |
| 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 |
|---|---|---|---|---|---|---|---|---|
| Wendy Bircher | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir, Sec | 1.0 | $5,000 | $0 | $0 |
| Michael J Finney | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Pres, Dir | 5.0 | $5,000 | $0 | $0 |
| Kathy L Kellenaers | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir, VP | 1.0 | $5,000 | $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 | $69,900 | 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 | $0 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $232,565 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $18,645,090 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $18,877,655 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $18,877,655 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $283,165 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $18,594,490 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $929,725 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $929,725 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $16,040 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $16,040 | TotalTaxAmt |
| Distributable Before Adj | $913,685 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $913,685 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $913,685 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,013,084 | 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 | $1,013,084 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $1,013,084 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $913,685 | DistributableAsAdjustedAmt |
| Prior Year1 | 2017 | PriorYear1Yr |
| Prior Year2 | 2016 | PriorYear2Yr |
| Prior Year3 | 2015 | PriorYear3Yr |
| Excess Distribution Cyov Yr5 | $816,324 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $453,735 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $1,013,453 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $1,317,021 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $869,892 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $4,470,425 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,013,084 | QualifyingDistributionsAmt |
| Applied To Current Year | $913,685 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $99,399 | RemainingDistriFromCorpusAmt |
| Total Corpus | $4,569,824 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $816,324 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $3,753,500 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $453,735 | ExcessFromYear4Amt |
| Excess From Year3 | $1,013,453 | ExcessFromYear3Amt |
| Excess From Year2 | $1,317,021 | ExcessFromYear2Amt |
| Excess From Year1 | $869,892 | ExcessFromYear1Amt |
| Excess From Current Year | $99,399 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | NONE | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (70 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| AZTEC BOYS AND GIRLS CLUB INC | |||||||
| PO BOX 488 | AZTEC | NM | 87410 | N/A | PC | General & Unrestricted | $5,000 |
| BIG BROTHERS BIG SISTERS OF SOUTHWEST COLORADO | |||||||
| PO BOX 2154 | DURANGO | CO | 81302 | N/A | PC | General & Unrestricted | $11,000 |
| BIG BROTHERS-BIG SISTERS OF CENTRAL NEW MEXICO INC | |||||||
| 2500 LOUISIANA BLVD NE STE 200 | ALBUQUERQUE | NM | 87110 | N/A | PC | Farmington area School Initiative | $10,000 |
| BLUE STAR MOTHERS OF AMERICA INC | |||||||
| PO BOX 917 | FLORA VISTA | NM | 87415 | N/A | PC | Warrior & Veteran Support Services | $3,000 |
| BOYS & GIRLS CLUB OF BLOOMFIELD INC | |||||||
| 701 S 2ND ST | BLOOMFIELD | NM | 87413 | N/A | PC | General & Unrestricted | $5,000 |
| BOYS & GIRLS CLUB OF FARMINGTON | |||||||
| 1925 POSITIVE WAY | FARMINGTON | NM | 87401 | N/A | PC | General & Unrestricted | $10,000 |
| BOYS AND GIRLS CLUB OF LA PLATA COUNTY INC | |||||||
| 2750 MAIN AVE | DURANGO | CO | 81301 | N/A | PC | General & Unrestricted | $10,000 |
| CATHOLIC HEALTH INITIATIVES COLORADO FOUNDATION | |||||||
| 9100 E MINERAL CIR | CENTENNIAL | CO | 80112 | N/A | PC | Gray Matters Project | $3,000 |
| CHILDHAVEN INC | |||||||
| 807 W APACHE ST | FARMINGTON | NM | 87401 | N/A | PC | General & Unrestricted | $25,000 |
| CHILDRENS HOSPITAL COLORADO FOUNDATION | |||||||
| 13123 E 16TH AVE BOX 045 | AURORA | CO | 80045 | N/A | PC | General & Unrestricted | $5,000 |
| CHILDRENS HOSPITAL COLORADO FOUNDATION | |||||||
| 13123 E 16TH AVE BOX 045 | AURORA | CO | 80045 | N/A | PC | Dr. Fred Thomas American Academy of Pediatrics Invited Presentations | $1,597 |
| CHILDRENS HOSPITAL COLORADO FOUNDATION | |||||||
| 13123 E 16TH AVE BOX 045 | AURORA | CO | 80045 | N/A | PC | Telehealth Initiative with Pediatric Associates | $30,280 |
| CHILDRENS HOSPITAL COLORADO FOUNDATION | |||||||
| 13123 E 16TH AVE BOX 045 | AURORA | CO | 80045 | N/A | PC | Telehealth Initiative with Pediatric Partners of Southwest | $149,497 |
| COLORADO 4-H FOUNDATION INC - LA PLATA COUNTY 4-H | |||||||
| 2500 MAIN AVE | DURANGO | CO | 81301 | N/A | PC | Thriving La Plata County 4-H | $25,000 |
| COMMUNITY CONNECTIONS INC | |||||||
| 281 SAWYER DR STE 200 | DURANGO | CO | 81303 | N/A | PC | To benefit children | $1,000 |
| DENVER EARTH RESOURCES LIBRARY | |||||||
| 730 17TH ST STE B-1 | DENVER | CO | 80202 | N/A | PC | General & Unrestricted | $25,000 |
| DESERT VIEW INC | |||||||
| 6100 E MAIN ST | FARMINGTON | NM | 87402 | N/A | PC | counseling and programs for teens at risk of suicide | $5,000 |
| DISABLED SPORTS USA - ADAPTIVE SPORTS ASSOCIATION | |||||||
| 125 E 32ND ST | DURANGO | CO | 81301 | N/A | PC | Regional Child, Youth, Young Adult Low Income Program and Operational Support | $35,000 |
| DURANGO DEVO | |||||||
| 10 TOWN PLZ 110 | DURANGO | CO | 81301 | N/A | PC | Scholarships and equipment for the Wanderer's program | $1,000 |
| DURANGO SCHOOL DISTRICT NO 9-R | |||||||
| 201 E 12TH ST | DURANGO | CO | 81301 | N/A | GOV | To benefit children | $1,500 |
| DURANGO SCHOOL DISTRICT NO 9-R | |||||||
| 201 E 12TH ST | DURANGO | CO | 81301 | N/A | GOV | Durango High School Aerospace Team | $4,000 |
| FAMILY CRISIS CENTER | |||||||
| 208 E APACHE ST | FARMINGTON | NM | 87401 | N/A | PC | Marge's Place Protective Shelter for witnesses, victims, and pets experiencing domestic violence | $20,000 |
| FISHER HOUSE FOUNDATION INC | |||||||
| 12300 TWINBROOK PKWY STE 410 | ROCKVILLE | MD | 20852 | N/A | PC | General & Unrestricted | $2,500 |
| FORT LEWIS COLLEGE FOUNDATION | |||||||
| 1000 RIM DR | DURANGO | CO | 81301 | N/A | PC | Westmeath Foundation Geology Scholarship Fund | $10,000 |
| FOUNDATION FOR EDUCATIONAL EXCELLENCE INC | |||||||
| 2001 N DUSTIN AVE | FARMINGTON | NM | 87401 | N/A | PC | General & Unrestricted | $1,000 |
| FOUR CORNERS EQUINE RESCUE | |||||||
| 22 RD 3334 | AZTEC | NM | 87410 | N/A | PC | Purchase feed | $25,000 |
| FOUR CORNERS FOUNDATION INC | |||||||
| PO BOX 5160 | FARMINGTON | NM | 87499 | N/A | PC | INSPIRE School Program | $2,000 |
| FRIENDS OF THE DURANGO PUBLIC LIBRARY INC | |||||||
| 1900 E 3RD AVE | DURANGO | CO | 81301 | N/A | PC | Common Grounds Cafe | $5,000 |
| HERITAGE FOUNDATION | |||||||
| 214 MASSACHUSETTS AVE NE | WASHINGTON | DC | 20002 | N/A | PC | General & Unrestricted | $10,000 |
| HILLSDALE COLLEGE | |||||||
| 33 E COLLEGE ST | HILLSDALE | MI | 49242 | N/A | PC | General & Unrestricted | $15,000 |
| IGW CHILDRENS HOPE FOUNDATION INC | |||||||
| 1503 SCHOFIELD LN | FARMINGTON | NM | 87401 | N/A | PC | Family Care and Support Services | $50,000 |
| ITS MY VERY OWN BAGS OF LOVE SAN JUAN CHAPTER | |||||||
| 7320 TUSCANY WAY | FARMINGTON | NM | 87402 | N/A | PC | General & Unrestricted | $9,000 |
| KNOW THE SNOW | |||||||
| 1467 COUNTY RD 303 | DURANGO | CO | 81303 | N/A | PC | General & Unrestricted | $3,000 |
| KNOW YOUR DOUGH | |||||||
| 3710 MAIN AVE STE 101 | DURANGO | CO | 81301 | N/A | PC | Financial Literacy Program Expansion | $4,000 |
| LA PLATA YOUTH SERVICES INC | |||||||
| 2490 MAIN AVE | DURANGO | CO | 81301 | N/A | PC | General Operating Support | $25,000 |
| LIBERTY SCHOOL INC | |||||||
| 3107 WESTERN AVE | DURANGO | CO | 81301 | N/A | PC | General Scholarship Program | $15,000 |
| MINDS MATTER | |||||||
| PO BOX 48162 | DENVER | CO | 80204 | N/A | PC | Minds Matter College Access Mentoring Program | $15,000 |
| MONTROSE REGIONAL LIBRARY DISTRICT | |||||||
| 302 S 2ND ST | MONTROSE | CO | 81401 | N/A | GOV | Sustainable Program Equipment for Naturita library | $6,000 |
| MONTROSE REGIONAL LIBRARY DISTRICT | |||||||
| 302 S 2ND ST | MONTROSE | CO | 81401 | N/A | GOV | To benefit children at the Naturita library | $3,000 |
| NEW MEXICO STATE UNIVERSITY FOUNDATION INC | |||||||
| PO BOX 3590 | LAS CRUCES | NM | 88003 | N/A | PC | Camp Innoventure and Innoventure Jr. | $4,500 |
| PARADOX VALLEY SCHOOL | |||||||
| PO BOX 420 | PARADOX | CO | 81429 | N/A | PC | After School Programs | $5,000 |
| PEACHS NEET FEET | |||||||
| 3105 MUNICIPAL DR | FARMINGTON | NM | 87401 | N/A | PC | General & Unrestricted | $27,500 |
| PEOPLE ASSISTING THE HOMELESS INC | |||||||
| 520 HYDRO PLANT RD | FARMINGTON | NM | 87401 | N/A | PC | Promoting Family Stability | $15,000 |
| PEOPLE ASSISTING THE HOMELESS INC | |||||||
| 520 HYDRO PLANT RD | FARMINGTON | NM | 87401 | N/A | PC | TLC 4 Tots-in-Need Program | $1,000 |
| PRESBYTERIAN MEDICAL SERVICES | |||||||
| 1422 PASEO DE PERALTA | SANTA FE | NM | 87501 | N/A | PC | "Yes You Can" Experience | $5,000 |
| PROJECT MERRY CHRISTMAS OF LA PLATA COUNTY INC | |||||||
| PO BOX 422 | DURANGO | CO | 81302 | N/A | PC | children's clothing, toys, food, etc. | $1,500 |
| REGIONAL ANIMAL SHELTER FOUNDATION INC | |||||||
| PO BOX 692 | FARMINGTON | NM | 87499 | N/A | PC | General & Unrestricted | $10,000 |
| RIO GRANDE COMMUNITY DEVELOPMENT CORPORATION | |||||||
| 318 ISLETA BLVD SW | ALBUQUERQUE | NM | 87105 | N/A | PC | Camp Enchantment New Mexico | $25,000 |
| RONALD MCDONALD HOUSE CHARITIES OF NEW MEXICO | |||||||
| 1011 YALE BLVD NE | ALBUQUERQUE | NM | 87106 | N/A | PC | General & Unrestricted | $2,500 |
| RONALD MCDONALD HOUSE CHARITIES OF NEW MEXICO | |||||||
| 1011 YALE BLVD NE | ALBUQUERQUE | NM | 87106 | N/A | PC | support of families coming from the four corners area | $1,000 |
| SAMARITANS PURSE | |||||||
| PO BOX 3000 | BOONE | NC | 28607 | N/A | PC | General & Unrestricted | $2,500 |
| SAN JUAN CENTER FOR INDEPENDENCE INC | |||||||
| 1204 SAN JUAN BLVD | FARMINGTON | NM | 87401 | N/A | PC | Youth Program | $10,000 |
| SAN JUAN COLLEGE FOUNDATION | |||||||
| 4601 COLLEGE BLVD | FARMINGTON | NM | 87402 | N/A | SO III FI | Science Fair Funding | $5,000 |
| SAN JUAN COUNTY LIFE SKILLS FOUNDATION | |||||||
| PO BOX 360 | KIRTLAND | NM | 87417 | N/A | PC | Servant Leadership Programs for San Juan County Adults and Youth | $15,000 |
| SAN JUAN MEDICAL FOUNDATION INC | |||||||
| PO BOX 110 | FARMINGTON | NM | 87499 | N/A | PC | 2019 Peds Project | $23,805 |
| SAN MIGUEL COUNTY | |||||||
| PO BOX 486 | NORWOOD | CO | 81423 | N/A | GOV | San Miguel Basin Fair Board | $5,000 |
| SAN MIGUEL RESOURCE CENTER | |||||||
| PO BOX 3243 | TELLURIDE | CO | 81435 | N/A | PC | Rural Outreach Program - West End | $3,000 |
| SEXUAL ASSAULT SERVICES OF NORTHWEST NEW MEXICO | |||||||
| 622 W MAPLE ST STE F | FARMINGTON | NM | 87401 | N/A | PC | General & Unrestricted | $5,000 |
| SEXUAL ASSAULT SERVICES ORGANIZATION | |||||||
| PO BOX 2723 | DURANGO | CO | 81302 | N/A | PC | Assistance and Education for Youth | $3,000 |
| SHRINERS HOSPITALS FOR CHILDREN | |||||||
| 2900 N ROCKY POINT DR | TAMPA | FL | 33607 | N/A | PC | General & Unrestricted | $10,000 |
| SPECIAL OLYMPICS NEW MEXICO INC | |||||||
| 6600 PALOMAS AVE NE STE 207 | ALBUQUERQUE | NM | 87109 | N/A | PC | General & Unrestricted | $25,000 |
| SPRING CREEK HORSE RESCUE | |||||||
| 2888 COUNTY RD 234 | DURANGO | CO | 81301 | N/A | PC | General & Unrestricted | $12,000 |
| ST JUDE CHILDRENS RESEARCH HOSPITAL INC | |||||||
| 501 ST JUDE PL | MEMPHIS | TN | 38105 | N/A | PC | General & Unrestricted | $10,000 |
| TELLURIDE ADAPTIVE SKI PROGRAM | |||||||
| PO BOX 2254 | TELLURIDE | CO | 81435 | N/A | PC | Stars, Stripes and Summits: Adaptive Programming for Disabled Veterans | $30,000 |
| TELLURIDE FOUNDATION | |||||||
| PO BOX 4222 | TELLURIDE | CO | 81435 | N/A | PC | West End Apprenticeship Program | $25,000 |
| THE NEW MEXICO 4-H YOUTH DEVELOPMENT FOUNDATION | |||||||
| PO BOX 30003 MSC 3AE | LAS CRUCES | NM | 88003 | N/A | PC | San Juan County 4-H Youth Development Program | $10,000 |
| UNIVERSITY OF NEW MEXICO FOUNDATION INCORPORATED | |||||||
| 700 LOMAS BLVD NE STE 108 | ALBUQUERQUE | NM | 87102 | N/A | PC | UNM Children's Hospital Gastroenterology Program | $30,100 |
| WEST TEXAS COUNSELING & GUIDANCE INC | |||||||
| 242 N MAGDALEN ST | SAN ANGELO | TX | 76903 | N/A | PC | General & Unrestricted | $2,000 |
| YAVAPAI REHABILITATION CENTER | |||||||
| 436 N WASHINGTON AVE | PRESCOTT | AZ | 86301 | N/A | PC | General & Unrestricted | $1,000 |
| YOUNG AMERICA'S FOUNDATION | |||||||
| 11480 COMMERCE PARK DR STE 600 | RESTON | VA | 20191 | N/A | PC | Reagan Ranch | $10,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $921,779 | 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 | $612 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $801,507 | 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 | |
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $802,119 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $802,119 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (3 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Noncash ContributionNoncashContributionInd | Person ContributionPersonContributionInd |
|---|---|---|---|---|---|---|---|
| Elliott A Riggs Trust dated 84201 | |||||||
| 1 | L Foutz Riggs Oil Gas POB 711 | Farmington | NM | 87499 | $50,283,500 | Yes (X) | |
| Estate of Ramona Riggs | |||||||
| 2 | L Foutz Riggs Oil Gas POB 711 | Farmington | NM | 87499 | $12,730,000 | Yes (X) | |
| Estate of Elliott A Riggs | |||||||
| 3 | L Foutz Riggs Oil Gas POB 711 | Farmington | NM | 87499 | $400,000 | Yes (X) | |
Non Cash Property Contribution NonCashPropertyContributionGrp (2 entries)
| ContributorContributorNum | Noncash PropertyNoncashPropertyDesc | Fair Market ValueFairMarketValueAmt | ReceivedReceivedDt |
|---|---|---|---|
| 1 | RIGGS OIL & GAS CORP (CL B) 7900 sh. | $50,283,500 | 2019-09-15 |
| 2 | RIGGS OIL & GAS CORP (CL B) 2000 sh. | $12,730,000 | 2019-09-15 |
Depreciation Schedule DepreciationSchedule
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | RIGGS OIL & GAS CORP (CL B) | CategoryOrItemTxt |
| Book Value | $63,013,500 | BookValueAmt |
| EOYFMV | $63,013,500 | EOYFMVAmt |
Liquidation Explanation Stmt LiquidationExplanationStmt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | As explained below, the Foundation has no plans for dissolution. This statement is submitted to report the distribution of certain assets during the year. The distributions resulted in a substantial contraction of assets. The following information is submitted in accordance with Treasury Regulation Section 1.6043-3(a)(1) and the Form 990-PF instructions: During the taxable year ending December 31, 2019, the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled $921,779. This amount represents 25% or more of the Foundation's net assets of $251,941 (as measured by fair market value) at the beginning of the Foundation's taxable year ending December 31, 2019. Although the Foundation technically experienced a substantial contraction, it will continue in existence and has no plans for dissolution. The Foundation made distributions of cash to the grantees listed in the attachment to Part XV, Line 3a; each such grant was made solely for the charitable purpose specified therein. | ExplanationTxt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (6 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| Administrative Fees | $69,900 | $69,900 | |
| Bank Charges | $125 | $125 | |
| Foundation Dues & Memberships | $1,250 | $1,250 | |
| Indemnification Insurance | $750 | $750 | |
| Postage/Delivery Service | $29 | $29 | |
| State or Local Filing Fees | $35 | $35 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Philanthropic Consulting Srvcs | CategoryTxt |
| Amt | $4,341 | Amt |
| Disbursements Charitable Prps | $4,341 | DisbursementsCharitablePrpsAmt |
Substantial Contributors Sch SubstantialContributorsSch
Substantial Contributor Detail SubstantialContributorDetail (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd |
|---|---|---|---|
| Elliott A Riggs Trust dated 84201 | |||
| L Foutz Riggs Oil Gas POB 711 | Farmington | NM | 87499 |
| Estate of Ramona Riggs | |||
| L Foutz Riggs Oil Gas POB 711 | Farmington | NM | 87499 |
Transfers Frm Controlled Entities TransfersFrmControlledEntities
Transfers From Controlled Ent TransfersFromControlledEntGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Riggs Oil & Gas Corporation | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 247 | AddressLine1Txt |
| City | Humboldt | CityNm |
| State Abbreviation | AZ | StateAbbreviationCd |
| ZIP | 863290247 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 850200918 | EIN |
| Desc | SEE FOOTNOTE | Desc |
| Amt | $800,000 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $800,000 | TotalAmt |