GRASS FOUNDATION: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- GRASS FOUNDATION (EIN 04-6049529)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2020-11-16
- IRS object ID
- 202043219349103069
- 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
- Accounting Fees Schedule
- Depreciation Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Notes Loans Rcvbl Long Sch
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-11-16T11:20:18-06:00 | 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 | 046049529 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Grass Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % Foundation Source | InCareOfNm |
| Business Name Control | GRAS | 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 | CATHERINE E CARR | PersonNm |
| Person Title | president | PersonTitleTxt |
| Phone | 8008391754 | PhoneNum |
| Signature | 2020-11-10 | 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 | 67.82.234.252 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Federal Original Submission Id | 06391520203215000016 | FederalOriginalSubmissionId |
| Federal Original Submission Id | 2020-11-16 | FederalOriginalSubmissionIdDt |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | F156FF5FB8B774246289E6D84631A27D943D5420 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 84DBAA8E7DE652543884770025B256D7F4512A6C | 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 | $25,088,139 | 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 | $20,000 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $1,875 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $1,875 | InterestOnSavNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $1,321,669 | NetGainSaleAstRevAndExpnssAmt |
| Cap Gain Net Incm Net Invst Incm | $1,320,046 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $889,724 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $890,140 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $2,233,268 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $2,212,061 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Legal Fees Rev And Expnss | $1,914 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $1,914 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $22,023 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $22,023 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $163,534 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $67,852 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $95,682 | OtherProfFeesDsbrsChrtblAmt |
| Interest Rev And Expnss | $14 | InterestRevAndExpnssAmt |
| Taxes Rev And Expnss | $21,973 | TaxesRevAndExpnssAmt |
| Trav Conf Meeting Rev And Expnss | $50,530 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $86 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $50,444 | TravConfMeetingDsbrsChrtblAmt |
| Printing And Pub Rev And Expnss | $466 | PrintingAndPubRevAndExpnssAmt |
| Printing And Pub Dsbrs Chrtbl | $466 | PrintingAndPubDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $279,883 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $170,443 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $107,692 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $540,337 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $238,381 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $278,221 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,662,050 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,662,050 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $2,202,387 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $238,381 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,940,271 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $30,881 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,973,680 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $71,693 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $409,995 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $409,995 | SavAndTempCashInvstEOYFMVAmt |
| Other Nts And Loans Rcvbl | $250,000 | OtherNtsAndLoansRcvblAmt |
| Other Nts And Loans Rcvbl BOY | $250,000 | OtherNtsAndLoansRcvblBOYAmt |
| Other Nts And Loans Rcvbl EOY | $250,000 | OtherNtsAndLoansRcvblEOYAmt |
| Other Nts And Loans Rcvbl EOYFMV | $250,000 | OtherNtsAndLoansRcvblEOYFMVAmt |
| Other Investments BOY | $23,570,722 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $23,263,315 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $24,428,144 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $23,892,415 | TotalAssetsBOYAmt |
| Total Assets EOY | $23,923,310 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $25,088,139 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $23,892,415 | RetainedEarningBOYAmt |
| Retained Earning EOY | $23,923,310 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $23,892,415 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $23,923,310 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $23,892,415 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $23,923,310 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $23,892,415 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $30,881 | ExcessRevenueOverExpensesAmt |
| Other Increases | $14 | OtherIncreasesAmt |
| Subtotal | $23,923,310 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $23,923,310 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | Passthrough K1 Capital Gain/(Loss) | PropertyDesc |
| Gain Or Loss | $1,320,046 | GainOrLossAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $1,320,046 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $1,175,404 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $21,848,457 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.053798 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $1,303,059 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $24,020,645 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.054247 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $1,350,552 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $21,735,062 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.062137 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $1,065,151 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $21,756,397 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.048958 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $1,070,220 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $23,173,407 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.046183 | DistributionYr5Rt |
| Total Distribution | 0.265323 | TotalDistributionRt |
| Average Distribution | 0.053065 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $24,606,704 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $1,305,755 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $19,737 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $1,325,492 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $1,940,271 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | Yes (X) | DomesticOrgMeetingSect4940eInd |
| Investment Income Excise Tax | $19,737 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $19,737 | SubtotalAmt |
| Tax Based On Investment Income | $19,737 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $45,566 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $45,566 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Overpayment | $25,829 | OverpaymentAmt |
| Applied To ES Tax | $19,800 | AppliedToESTaxAmt |
| Refund | $6,029 | RefundAmt |
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 | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | MA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | www.grassfoundation.org | WebsiteAddressTxt |
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 | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (15 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 |
|---|---|---|---|---|---|---|---|---|
| Andrew Blum | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Trustee | 1.0 | $0 | $0 | $0 |
| Catherine E Carr | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Pres | 1.0 | $0 | $0 | $0 |
| Victor F Chin | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Trustee, Treas | 1.0 | $0 | $0 | $0 |
| Melissa J Coleman | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Trustee | 1.0 | $0 | $0 | $0 |
| Elva Diaz | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Trustee | 1.0 | $0 | $0 | $0 |
| Andr Fenton | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Trustee | 1.0 | $0 | $0 | $0 |
| Bernice Grafstein | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | VP, Trustee | 1.0 | $0 | $0 | $0 |
| Henry J Grass | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Trustee | 1.0 | $0 | $0 | $0 |
| Joshua Grass | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Trustee | 1.0 | $0 | $0 | $0 |
| Ronald R Hoy | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Trustee | 1.0 | $0 | $0 | $0 |
| Kamran Khodakhah | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Trustee | 1.0 | $0 | $0 | $0 |
| Matthew B McFarlane | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Trustee | 1.0 | $0 | $0 | $0 |
| Vanessa Ruta | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Trustee | 1.0 | $0 | $0 | $0 |
| Felix E Schweizer | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Trustee | 1.0 | $0 | $0 | $0 |
| Steven J Zottoli | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Trustee | 1.0 | $0 | $0 | $0 |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Commonfund Securities inc | |||||
| 15 OLD DANBURY ROAD | WILTON | CT | 06897 | Investment MGMT | $67,852 |
| Foundation Source | |||||
| 55 Walls Drive | Fairfield | CT | 06824 | Administrative | $74,024 |
| UNIVERSITY OF MARYLAND COLLEGE PARK | |||||
| 1109 LEE BLDG | COLLEGE PARK | MD | 20742 | ADMIN SUPPORT REIMB | $74,916 |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | TO ENCOURAGE INDEPENDENT RESEARCH AT THE MARINE BIOLOGY LAB BY INVESTIGATORS EARLY IN THEIR CAREER TO INCREASE RESEARCH IN NEUROBIOLOGY. AWARDED FELLOWSHIPS MAY VARY ANNUALLY. | Description1Txt |
| Expenses1 | $33,239 | Expenses1Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 | $303,281 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $24,678,144 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $24,981,425 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $24,981,425 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $374,721 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $24,606,704 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,230,335 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,230,335 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $19,737 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $19,737 | TotalTaxAmt |
| Distributable Before Adj | $1,210,598 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $14 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $1,210,612 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $1,210,612 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,940,271 | 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 | $1,940,271 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $19,737 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $1,920,534 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,210,612 | DistributableAsAdjustedAmt |
| Prior Year1 | 2017 | PriorYear1Yr |
| Prior Year2 | 2016 | PriorYear2Yr |
| Prior Year3 | 2015 | PriorYear3Yr |
| Excess Distribution Cyov Yr3 | $64,318 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $159,482 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $132,187 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $355,987 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,940,271 | QualifyingDistributionsAmt |
| Applied To Current Year | $1,210,612 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $729,659 | RemainingDistriFromCorpusAmt |
| Total Corpus | $1,085,646 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $1,085,646 | ExcessDistriCyovToNextYrAmt |
| Excess From Year3 | $64,318 | ExcessFromYear3Amt |
| Excess From Year2 | $159,482 | ExcessFromYear2Amt |
| Excess From Year1 | $132,187 | ExcessFromYear1Amt |
| Excess From Current Year | $729,659 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | NONE | ContributingManagerNm |
| Shareholder Manager | NONE | ShareholderManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (17 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| COLD SPRING HARBOR LABORATORY | |||||||
| 1 BUNGTOWN RD | COLD SPRING HARBOR | NY | 11724 | N/A | PC | To support selected young neuroscientists for summer coursework in neuroscience in honor of Dr. Ben Barres | $11,000 |
| FOUNDATION FOR THE NATIONAL INSTITUTE OF HEALTH IN | |||||||
| 11400 ROCKVILLE PIKE STE 600 | ROCKVILLE | MD | 20852 | N/A | PC | Native American NINDS Summer Internship Program | $30,000 |
| GORDON RESEARCH CONFERENCES | |||||||
| 512 LIBERTY LN | WEST KINGSTON | RI | 02892 | N/A | PC | 2019 Gordon Research Conference on Spinal Cord Injury | $1,000 |
| GORDON RESEARCH CONFERENCES | |||||||
| 512 LIBERTY LN | WEST KINGSTON | RI | 02892 | N/A | PC | 2019 Gordon Research Seminar on Neuroethology | $1,000 |
| GORDON RESEARCH CONFERENCES | |||||||
| 512 LIBERTY LN | WEST KINGSTON | RI | 02892 | N/A | PC | 2019 Gordon Research Seminar on Neuroethology | $1,000 |
| MARINE BIOLOGICAL LABORATORY | |||||||
| 7 MBL ST | WOODS HOLE | MA | 02543 | N/A | PC | Neurobiology and Neural Systems and Behavior courses | $162,000 |
| MARINE BIOLOGICAL LABORATORY | |||||||
| 7 MBL ST | WOODS HOLE | MA | 02543 | N/A | PC | April Grass Fellowship Program expenses | $168,240 |
| MARINE BIOLOGICAL LABORATORY | |||||||
| 7 MBL ST | WOODS HOLE | MA | 02543 | N/A | PC | July Grass Fellowship Program expenses | $70,966 |
| MARINE BIOLOGICAL LABORATORY | |||||||
| 7 MBL ST | WOODS HOLE | MA | 02543 | N/A | PC | June Grass Fellowship Program expenses | $93,262 |
| MARINE BIOLOGICAL LABORATORY | |||||||
| 7 MBL ST | WOODS HOLE | MA | 02543 | N/A | PC | March Grass Fellowship Program expenses | $13,723 |
| MARINE BIOLOGICAL LABORATORY | |||||||
| 7 MBL ST | WOODS HOLE | MA | 02543 | N/A | PC | May Grass Fellowship Program expenses | $105,494 |
| MARINE BIOLOGICAL LABORATORY | |||||||
| 7 MBL ST | WOODS HOLE | MA | 02543 | N/A | PC | post-course research opportunities for students of the MBL Neurobiology and Neural Systems & Behavior courses | $16,000 |
| MARINE BIOLOGICAL LABORATORY | |||||||
| 7 MBL ST | WOODS HOLE | MA | 02543 | N/A | PC | To fund the salary and fringe expense of the Grass Fellowship Coordinator | $43,356 |
| SOCIETY FOR NEUROSCIENCE | |||||||
| 1121 14TH ST STE 1010 | WASHINGTON | DC | 20005 | N/A | PC | Latin American Training Program | $105,009 |
| SOCIETY FOR NEUROSCIENCE | |||||||
| 1121 14TH ST STE 1010 | WASHINGTON | DC | 20005 | N/A | PC | Albert and Ellen Grass Lecture Endowment | $600,000 |
| SOCIETY FOR NEUROSCIENCE | |||||||
| 1121 14TH ST STE 1010 | WASHINGTON | DC | 20005 | N/A | PC | Donald B. Lindsley Prize Endowment | $225,000 |
| UNIVERSITY OF ARIZONA | |||||||
| SPONSORED PROJECTS SERVICES PO B | TUCSON | AZ | 85733 | N/A | GOV | Neuroscience Hands-On Teaching Workshop | $15,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,662,050 | 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 | $1,875 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Div And Int From Sec Part VII | DivAndIntFromSecPartVIIGrp | |
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Incm Part VII | OtherInvestmentIncmPartVIIGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 525990 | BusinessCd |
| Unrelated Business Taxbl Incm | $1,623 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 18 | ExclusionCd |
| Exclusion | $1,320,046 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | K-1 Inc/Loss | Desc |
| Business | 525990 | BusinessCd |
| Unrelated Business Taxbl Incm | -$417 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 14 | ExclusionCd |
| Exclusion | $890,141 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $1,206 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $2,212,062 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $2,213,268 | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Contributor Person | Loewenstein Birgit Rose | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 400 Smoke Trail Lane | AddressLine1Txt |
| City | Sedona | CityNm |
| State Abbreviation | AZ | StateAbbreviationCd |
| ZIP | 86336 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $20,000 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | AUDIT FEES | CategoryTxt |
| Amt | $22,023 | Amt |
| Disbursements Charitable Prps | $22,023 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (3 entries)
| Category Or ItemCategoryOrItemTxt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| CFI MULTI-STRATEGY BOND FUND | $7,584,044 | $6,906,620 |
| CFI MULTI-STRATEGY EQUITY FUND | $15,535,383 | $17,353,818 |
| COMMONFUND CAPITAL PARTNERS VI | $143,888 | $167,706 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | General Consultations | CategoryTxt |
| Legal Fees | $1,914 | LegalFeesAmt |
| Disbursements Charitable Prps | $1,914 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (18 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| Administrative Fees | $74,024 | $74,024 | |
| Foundation Dues & Memberships | $1,025 | $1,025 | |
| Indemnification Insurance | $1,786 | $1,786 | |
| EVENT INSURANCE | $75 | $75 | |
| K-1 Exp CFI MULTI-STRATEGY BON | $13,087 | $13,087 | |
| K-1 Exp CFI MULTI-STRATEGY EQU | $153,148 | $153,148 | |
| K-1 Exp COMMONFUND CAPITAL PAR | $5,463 | $4,208 | |
| Office Supplies | $131 | $131 | |
| Postage/Delivery Service | $1,804 | $1,804 | |
| State or Local Filing Fees | $519 | $519 | |
| Storage Fee | $1,741 | $1,741 | |
| Website Hosting/Support | $583 | $583 | |
| GRASS FELLOWS MEALS/OTHER | $10 | $10 | |
| GRASS FELLOWS HOUSING | $18,474 | $18,474 | |
| GRASS FELLOWS LAB FEES/SUPP | $2,013 | $2,013 | |
| EQUIPMENT EXPENSE | $5,390 | $5,390 | |
| LATE FEES/PENALTIES | $493 | ||
| OTHER PROGRAM EXPENSES | $117 | $117 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| K-1 Inc/Loss CFI MULTI-STRATEGY BOND FUND, LLC | $374,191 | $374,191 |
| K-1 Inc/Loss CFI MULTI-STRATEGY EQUITY FUND, LLC | $515,816 | $515,816 |
| K-1 Inc/Loss COMMONFUND CAPITAL PARTNERS VII LP | -$283 | $133 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | RETURNED GRANT | Desc |
| Amt | $14 | Amt |
Other Notes Loans Rcvbl Long Sch OtherNotesLoansRcvblLongSch
Other Notes Loans Rcvbl Long OtherNotesLoansRcvblLongGrp
Borrower Name BorrowerNameGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CAVENDISH IMPACT FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Loan Original | $250,000 | LoanOriginalAmt |
| Balance Due | $250,000 | BalanceDueAmt |
| Note | 2018-03 | NoteDt |
| Loan Maturity | 2023-04 | LoanMaturityDt |
| Repayment Terms | INTEREST AND PRINCIPAL DUE AT MATURITY | RepaymentTermsTxt |
| Interest | 12. | InterestRt |
| Security Provided Borrower | NONE | SecurityProvidedBorrowerTxt |
| Loan Purpose | OPERATING EXPENSES | LoanPurposeTxt |
| Lender Consideration | CASH | LenderConsiderationDesc |
| Consideration FMV | $250,000 | ConsiderationFMVAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (6 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Investment Management Services | $67,852 | $67,852 | |
| AMPLIFIER DEVELOPMENT COSTS | $4,610 | $4,610 | |
| Website Development | $480 | $480 | |
| GRASS FELLOWS PROGRAM CONSULT | $1,500 | $1,500 | |
| GRASS FELLOWS PROGRAM STIPENDS | $5,832 | $5,832 | |
| ADMIN SUPPORT REIMB & EXP | $83,260 | $83,260 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt |
|---|---|
| 990-PF Estimated Tax for 2019 | $17,800 |
| 990-PF Extension for 2018 | $4,173 |