STRATEGY STUDIO / PUBLIC DATA EXPLORER

GLASTAD CHARITABLE TR: Form 990PF, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
GLASTAD CHARITABLE TR (EIN 65-6239371)
Tax period
2019-01-01 to 2019-12-31
Filed
2020-07-14
IRS object ID
202041969349101604
Schema version
2019v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2020-07-14T11:32:35-07:00ReturnTs
Tax Period End2019-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN270249502PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Gilbert & Calabrese LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1181 Route 206AddressLine1Txt
CityFlandersCityNm
State AbbreviationNJStateAbbreviationCd
ZIP078369255ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2019-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN656239371EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Glastad Charitable TrustBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlGLASBusinessNameControlTxt
Phone9735254797PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line156 Joyce DriveAddressLine1Txt
CitySuccasunnaCityNm
State AbbreviationNJStateAbbreviationCd
ZIP07876ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJoyce EverswickPersonNm
Person TitleTrusteePersonTitleTxt
Signature2020-07-14SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMichael S Gilbert CPAPreparerPersonNm
PTINP00434805PTIN
Phone9734481099PhoneNum
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2021-04-22 16:20:28ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$739,839FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$25InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$25InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$15,504DividendsRevAndExpnssAmt
Dividends Net Invst Incm$15,504DividendsNetInvstIncmAmt
Total Rev And Expnss$15,529TotalRevAndExpnssAmt
Total Net Invst Incm$15,529TotalNetInvstIncmAmt
Other Prof Fees Rev And Expnss$2,760OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$2,760OtherProfFeesNetInvstIncmAmt
Taxes Rev And Expnss$724TaxesRevAndExpnssAmt
Taxes Net Invst Incm$724TaxesNetInvstIncmAmt
Other Expenses Rev And Expnss$275OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$275OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$3,759TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$3,759TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$31,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$31,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$34,759TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$3,759TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$31,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$19,230ExcessRevenueOverExpensesAmt
Net Investment Income$11,770NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$25,260SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$6,363SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$6,363SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$378,598CorporateStockBOYAmt
Corporate Stock EOY$378,265CorporateStockEOYAmt
Corporate Stock EOYFMV$733,476CorporateStockEOYFMVAmt
Total Assets BOY$403,858TotalAssetsBOYAmt
Total Assets EOY$384,628TotalAssetsEOYAmt
Total Assets EOYFMV$739,839TotalAssetsEOYFMVAmt
Loans From Officers BOY$59,143LoansFromOfficersBOYAmt
Loans From Officers EOY$59,143LoansFromOfficersEOYAmt
Total Liabilities BOY$59,143TotalLiabilitiesBOYAmt
Total Liabilities EOY$59,143TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Capital Stock BOY$498,163CapitalStockBOYAmt
Capital Stock EOY$498,163CapitalStockEOYAmt
Retained Earning BOY-$153,448RetainedEarningBOYAmt
Retained Earning EOY-$172,678RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$344,715TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$325,485TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$403,858TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$384,628TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$344,715TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$19,230ExcessRevenueOverExpensesAmt
Subtotal$325,485SubtotalAmt
Tot Net Ast Or Fund Balances EOY$325,485TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$27,500AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$654,739NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.04200DistributionYr1Rt
Adjusted Qlfy Distri Yr2$34,908AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$593,972NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.05877DistributionYr2Rt
Adjusted Qlfy Distri Yr3$22,000AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$524,100NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.04198DistributionYr3Rt
Adjusted Qlfy Distri Yr4$25,284AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$515,591NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.04904DistributionYr4Rt
Adjusted Qlfy Distri Yr5$19,000AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$518,484NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.03665DistributionYr5Rt
Total Distribution0.228432TotalDistributionRt
Average Distribution0.045686AverageDistributionRt
Net Vl Noncharitable Assets$647,273NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$29,571AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$118NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$29,689AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$31,000QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eYes (X)DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax$118InvestmentIncomeExciseTaxAmt
Subtotal$118SubtotalAmt
Tax Based On Investment Income$118TaxBasedOnInvestmentIncomeAmt
Tax Due$118TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedfalseSection508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1Joyce EverswickBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone9735254797PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line156 Joyce DriveAddressLine1Txt
CitySuccasunnaCityNm
State AbbreviationNJStateAbbreviationCd
ZIP07876ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Acts Fail To Qlfy As ExceptionsfalseActsFailToQlfyAsExceptionsInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonJoyce EverswickPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line156 Joyce DriveAddressLine1Txt
CitySuccasunnaCityNm
State AbbreviationNJStateAbbreviationCd
ZIP07876ZIPCd
FieldValueIRS element (for citing)
TitleTrusteeTitleTxt
Average Hrs Per Wk Devoted To Pos0.00AverageHrsPerWkDevotedToPosRt
Compensation$0CompensationAmt
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$639,775AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$17,355AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$657,130TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$657,130AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$9,857CashDeemedCharitableAmt
Net Vl Noncharitable Assets$647,273NetVlNoncharitableAssetsAmt
Minimum Investment Return$32,364MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$32,364MinimumInvestmentReturnAmt
Tax Based On Investment Income$118TaxBasedOnInvestmentIncomeAmt
Total Tax$118TotalTaxAmt
Distributable Before Adj$32,246DistributableBeforeAdjAmt
Distributable Before Ded$32,246DistributableBeforeDedAmt
Distributable As Adjusted$32,246DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$31,000ExpensesAndContributionsAmt
Qualifying Distributions$31,000QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$118PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$30,882AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$32,246DistributableAsAdjustedAmt
Undistributed Income PY$29,112UndistributedIncomePYAmt
Qualifying Distributions$31,000QualifyingDistributionsAmt
Applied To Year1$29,112AppliedToYear1Amt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$1,888AppliedToCurrentYearAmt
Undistributed Income CY$30,358UndistributedIncomeCYAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerJoyce EverswickContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (14 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
Sabine Creek Ranch
576 Sabine Creek RoadRoyce CityTX75189PCGeneral support$500
Allegro Organizational Solutions
5535 Memorial Drive Ste F-811HoustonTX77007PCGeneral support$1,500
CRU
100 Lake Hart DriveOrlandoFL32832PCGeneral support$2,000
SIM USA
PO Box 7900CharlotteNC28241PCGeneral support$900
Team Giving
PO Box 1986GrapevineTX76099PCGeneral support$4,000
Team Giving
PO Box 1986GrapevineTX76099PCGeneral support$5,000
Teach Beyond
PO Box 610Downers GroveIL60515PCGeneral support$1,200
Christar
1500 International Parkway Ste 300RichardsonTX75081PCGeneral support$3,000
Student Mobilization
PO Box 567ConwayAR72033PCGeneral support$900
Center Point Bible Institute
3021 Ridgeview RoadCaddo MillsTX75135PCGeneral support$4,000
Wheaton Academy
900 Prince Crossing RoadWest ChicagoIL60185PCGeneral support$2,000
Global Service Network
844 56th StreetBrooklynNY11220PCGeneral support$2,000
Baylor Foundation
3500 Gaston AveDallasTX75246PCGeneral support$2,000
Love God Greatly
1 Darrr RoadHeathTX75032PCGeneral support$2,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$31,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$25ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$15,504ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$15,529ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$15,529TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp

FieldValueIRS element (for citing)
DescMorgan Stanley feesDesc
Revenue And Expenses Per Books$275RevenueAndExpensesPerBooksAmt
Net Investment Income$275NetInvestmentIncomeAmt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryAttorney feesCategoryTxt
Amt$2,760Amt
Net Investment Income$2,760NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmt
Foreign tax withheld$143$143
Form 990-PF taxes$581$581