JOHN H GRACE FOUNDATION: Form 990PF, tax year 2018
View the entire original 990 at ProPublica ↗
- Organization
- JOHN H GRACE FOUNDATION (EIN 47-6650230)
- Tax period
- 2018-01-01 to 2018-12-31
- Filed
- 2019-05-09
- IRS object ID
- 201901299349101980
- 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
- Accounting Fees Schedule
- General Explanation Attachment
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Expenses Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2019-05-09T17:40:39-07:00 | ReturnTs |
| Tax Period End | 2018-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 952790665 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HMWC CPAs And Business Advisors | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 17501 East 17th Street Suite 100 | AddressLine1Txt |
| City | Tustin | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 927807924 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2018-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 476650230 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JOHN H GRACE FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | JOHN | BusinessNameControlTxt |
| Phone | 7143095472 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 3036 | AddressLine1Txt |
| City | FULLERTON | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92834 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MARION JOE | PersonNm |
| Person Title | Trustee | PersonTitleTxt |
| Signature | 2019-05-09 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Susan Levinstein | PreparerPersonNm |
| PTIN | P01220548 | PTIN |
| Phone | 7145059000 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2018 | TaxYr |
| Build TS | 2019-02-21 02:37:17Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $14,471,261 | 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 | $5,000 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $331,737 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $339,672 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$75,832 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $2,419,984 | GrossSalesPriceAmt |
| Total Rev And Expnss | $260,905 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $339,672 | TotalNetInvstIncmAmt |
| Accounting Fees Rev And Expnss | $8,215 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $4,107 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $4,108 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $289,927 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $229,177 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $60,750 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $20,595 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $18,846 | TaxesNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $326 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $83 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $243 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $319,063 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $252,213 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $65,101 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $602,360 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $602,360 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $921,423 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $252,213 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $667,461 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$660,518 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $87,459 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $104,238 | CashBOYAmt |
| Cash EOY | $148,238 | CashEOYAmt |
| Cash EOYFMV | $148,238 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $3,911,452 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $1,519,409 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $1,519,409 | SavAndTempCashInvstEOYFMVAmt |
| Prepaid Expenses BOY | $34,072 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $32,323 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $32,323 | PrepaidExpensesEOYFMVAmt |
| Corporate Stock BOY | $9,200,688 | CorporateStockBOYAmt |
| Corporate Stock EOY | $7,034,695 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $7,034,695 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $1,204,575 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $402,273 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $402,273 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $3,166,319 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $5,334,323 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $5,334,323 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $17,621,344 | TotalAssetsBOYAmt |
| Total Assets EOY | $14,471,261 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $14,471,261 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Retained Earning BOY | $17,621,344 | RetainedEarningBOYAmt |
| Retained Earning EOY | $14,471,261 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $17,621,344 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $14,471,261 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $17,621,344 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $14,471,261 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $17,621,344 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$660,518 | ExcessRevenueOverExpensesAmt |
| Subtotal | $16,960,826 | SubtotalAmt |
| Other Decreases | $2,489,565 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $14,471,261 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | PUBLICLY TRADED SECURITIES | PropertyDesc |
| How Acquired | P | HowAcquiredCd |
| Acquired | 2018-01-01 | AcquiredDt |
| Sold | 2018-01-01 | SoldDt |
| Gross Sales Price | $2,419,984 | GrossSalesPriceAmt |
| Cost Or Other Basis | $2,495,816 | CostOrOtherBasisAmt |
| Gain Or Loss | -$75,832 | GainOrLossAmt |
| Gains Minus Excess Or Losses | -$75,832 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$75,832 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $792,630 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $16,814,289 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.04714 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $468,117 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $15,275,738 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.03064 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $384,231 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $6,947,094 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.05531 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $18,277 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $88,076 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.20751 | DistributionYr4Rt |
| Total Distribution | 0.340606 | TotalDistributionRt |
| Average Distribution | 0.085152 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $16,400,758 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $1,396,557 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $875 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $1,397,432 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $667,461 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $1,749 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $1,749 | SubtotalAmt |
| Tax Based On Investment Income | $1,749 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $34,072 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $34,072 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Overpayment | $32,323 | OverpaymentAmt |
| Applied To ES Tax | $32,323 | 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 |
| Form990 T Filed | false | Form990TFiledInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | CA | 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 | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MARIAN JOE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7143095472 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1337 KROEGER AVE | AddressLine1Txt |
| City | FULLERTON | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92831 | 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 |
| Undistr Incm Sect4942a2 Not App | false | UndistrIncmSect4942a2NotAppInd |
| Business Holdings | false | 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 |
| Transactions Fail To Qlfy As Exc | false | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | false | MaintainedExpenditureRspnsInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Proceeds Or Net Income | false | ProceedsOrNetIncomeInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MARIAN JOE | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1337 KROEGER AVE | AddressLine1Txt |
| City | FULLERTON | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92831 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | Trustee | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 15.00 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $0 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| MORGAN STANLEY | |||||
| 1901 MAIN STREET 7TH FLOOR | IRVINE | CA | 92614 | INVESTMENT FEES | $208,927 |
| KEVIN JOE | |||||
| 1337 KROGER AVE | FULLERTON | CA | 92831 | CONSULTING FEES | $81,000 |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $14,135,393 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $2,515,123 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $16,650,516 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $16,650,516 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $249,758 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $16,400,758 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $820,038 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $820,038 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $1,749 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $1,749 | TotalTaxAmt |
| Distributable Before Adj | $818,289 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $818,289 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $818,289 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $667,461 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $667,461 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $667,461 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $818,289 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr3 | $83,426 | ExcessDistributionCyovYr3Amt |
| Total Excess Distribution Cyov | $83,426 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $667,461 | QualifyingDistributionsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $667,461 | AppliedToCurrentYearAmt |
| Excess Distri Cyov App CY Corpus | $83,426 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $83,426 | ExcessDistributionCyovAppCYAmt |
| Undistributed Income CY | $67,402 | UndistributedIncomeCYAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | SEE STATEMENT ATTACHED | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 3036 | AddressLine1Txt |
| City | FULLERTON | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92834 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | NONE | RecipientRelationshipTxt |
| Recipient Foundation Status | PC | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | GENERAL SUPPORT | GrantOrContributionPurposeTxt |
| Amt | $602,360 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $602,360 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $331,737 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$75,832 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $255,905 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $255,905 | 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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING | CategoryTxt |
| Amt | $8,215 | Amt |
| Net Investment Income | $4,107 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $4,108 | DisbursementsCharitablePrpsAmt |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | General Explanation Supplemental Information for Form 990-PF | FormAndLineReferenceDesc |
| Medium Explanation | Since this foundation is considered a "large corporation", only the 1st quarter estimate can be based on prior year income. Estimated tax payments #2 through #4 will need to be based on actual income for tax year 2019. Therefore these amounts will need to be determined. | MediumExplanationTxt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | CORPORATE BONDS | BondNm |
| EOY Book Value | $402,273 | EOYBookValueAmt |
| EOYFMV | $402,273 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | CORPORATE STOCKS | StockNm |
| EOY Book Value | $7,034,695 | EOYBookValueAmt |
| EOYFMV | $7,034,695 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | MUTUAL FUNDS | CategoryOrItemTxt |
| Listed At Cost Or FMV | FMV | ListedAtCostOrFMVCd |
| Book Value | $5,334,323 | BookValueAmt |
| EOYFMV | $5,334,323 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| offICE EXPENSE | $165 | $83 | $82 |
| Postage | $161 | $161 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| CONSULTING FEES | $81,000 | $20,250 | $0 | $60,750 |
| INVESTMENT ADVISORY FEES | $208,927 | $208,927 | $0 | $0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| EXCISE TAX | $1,749 | |
| FILING FEES | $75 | $75 |
| FOREIGN TAX | $18,761 | $18,761 |
| FRANCHISE TAX BOARD | $10 | $10 |