FREDRICK D AND KAREN G SCHAUFELD FAMILY FOUNDATION: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- FREDRICK D AND KAREN G SCHAUFELD FAMILY FOUNDATION (EIN 46-1558417)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2025-02-05
- IRS object ID
- 202530369349100608
- Schema version
- 2023v6.0
- 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
- Form 990-PF
- Schedule B
- Accounting Fees Schedule
- Investments Other Schedule2
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-02-05T10:54:51-06:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 204831046 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FAIR ISLE ADVISORS | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1101 NORWALK STREET | AddressLine1Txt |
| City | GREENSBORO | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27407 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 461558417 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FREDRICK D & KAREN G SCHAUFELD FAMILY | BusinessNameLine1Txt |
| Business Name Line2 | FOUNDATION | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | FRED | BusinessNameControlTxt |
| Phone | 3364822444 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1101 NORWALK STREET | AddressLine1Txt |
| City | GREENSBORO | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27407 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | FREDRICK D SCHAUFELD | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 3364822444 | PhoneNum |
| Signature | 2025-02-05 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | LESLIE L ANDERSON | PreparerPersonNm |
| PTIN | P00021396 | PTIN |
| Phone | 3364822444 | PhoneNum |
| Preparation | 2025-02-05 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $2,307,348 | 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 | $2,835,560 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $3 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $3 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $20,755 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $20,755 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $1,697,952 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $2,118,811 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $1,697,952 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $14,200 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $14,200 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $4,568,470 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,732,910 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $154,497 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $0 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $154,497 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $10,800 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $10,800 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $24,563 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $24,563 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $65,494 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $65,494 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $255,354 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $24,563 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $230,791 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $2,352,230 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $2,352,230 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $2,607,584 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $24,563 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $2,583,021 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $1,960,886 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,708,347 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $624,556 | CashBOYAmt |
| Cash EOY | $916,876 | CashEOYAmt |
| Cash EOYFMV | $916,876 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $5,140 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $8,455 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $8,455 | SavAndTempCashInvstEOYFMVAmt |
| Other Investments BOY | $1,398,587 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $1,394,224 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $1,382,017 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $2,028,283 | TotalAssetsBOYAmt |
| Total Assets EOY | $2,319,555 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $2,307,348 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $2,028,283 | CapitalStockBOYAmt |
| Capital Stock EOY | $2,319,555 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $0 | RetainedEarningBOYAmt |
| Retained Earning EOY | $0 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $2,028,283 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $2,319,555 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $2,028,283 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $2,319,555 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $2,028,283 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $1,960,886 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $3,989,169 | SubtotalAmt |
| Other Decreases | $1,669,614 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $2,319,555 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES | 2023-12-12 | $2,118,811 | $422,800 | $1,696,011 | $1,696,011 | |
| K-1: SWAN & LEGEND FUND II LP | $1,941 | $1,941 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $1,697,952 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $23,746 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $23,746 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $23,746 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $12,422 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $12,000 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $24,422 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $676 | OverpaymentAmt |
| Applied To ES Tax | $676 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | DE | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FAIR ISLE ADVISORS | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3364822444 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1101 NORWALK ST | AddressLine1Txt |
| City | GREENSBORO | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27407 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 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 |
|---|---|---|---|---|---|---|---|---|
| FREDRICK D SCHAUFELD | ||||||||
| PO BOX 6266 | LEESBURG | VA | 20178 | PRESIDENT | 2.00 | $0 | $0 | $0 |
| KAREN G SCHAUFELD | ||||||||
| PO BOX 6266 | LEESBURG | VA | 20178 | SECRETARY | 2.00 | $0 | $0 | $0 |
| RICHARD SCHAUFELD | ||||||||
| PO BOX 6266 | LEESBURG | VA | 20178 | TREASURER | 2.00 | $0 | $0 | $0 |
| CINDY SCHAUFELD | ||||||||
| PO BOX 6266 | LEESBURG | VA | 20178 | SECRETARY | 2.00 | $0 | $0 | $0 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SANDRA B MAHONEY | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1101 NORWALK ST | AddressLine1Txt |
| City | GREENSBORO | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27407 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | EXECUTIVE DIRECTOR | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 40.00 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $154,497 | CompensationAmt |
| Employee Benefits | $0 | EmployeeBenefitsAmt |
| Expense Account | $0 | ExpenseAccountAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $0 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $159,814 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $1,390,634 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $1,550,448 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $1,550,448 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $23,257 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $1,527,191 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $76,360 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $76,360 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $23,746 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $23,746 | TotalTaxAmt |
| Distributable Before Adj | $52,614 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $52,614 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $52,614 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $2,583,021 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $2,583,021 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $52,614 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $2,461,556 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $1,841,963 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $2,547,822 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $3,531,758 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $2,846,338 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $13,229,437 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $2,583,021 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $52,614 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $2,530,407 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $15,759,844 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $2,461,556 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $13,298,288 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $1,841,963 | ExcessFromYear4Amt |
| Excess From Year3 | $2,547,822 | ExcessFromYear3Amt |
| Excess From Year2 | $3,531,758 | ExcessFromYear2Amt |
| Excess From Year1 | $2,846,338 | ExcessFromYear1Amt |
| Excess From Current Year | $2,530,407 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | FREDRICK D SCHAUFELD | ContributingManagerNm |
| Contributing Manager | KAREN G SCHAUFELD | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (29 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|
| ALL AGES READ TOGETHER (AART) | ||||||||
| 16007 FIRELY HILL LANE | LEESBURG | VA | 20176 | NONE | PC | SUPPORT FOR EDUCATION - SLTE SPONSORSHIP & PROGRAM SUPPORT | $48,323 | |
| CAPITAL HOSPICE | ||||||||
| 2900 TELESTAR COURT | FALLS CHURCH | VA | 22042 | NONE | PC | CAPITAL CARING GALA | $75,000 | |
| CHABAD LEHIGH UNIVERSITY | ||||||||
| 727 EVANS STREET | BETHLEHEM | PA | 18015 | NONE | PC | SUPPORT FOR EDUCATIONAL PROGRAMS | $25,000 | |
| CHILDREN'S HOSPITAL FOUNDATION | ||||||||
| 2924 BROOK RD | RICHMOND | VA | 23220 | NONE | PC | ANNUAL SUPPORT | $1,000 | |
| CHILDRENS HOSPITAL LOS ANGELES | ||||||||
| 4650 SUNSET BLVD | LOS ANGELES | CA | 90027 | NONE | PC | GOFARR FUNFEST SPONSORSHIP | $15,000 | |
| COMM FOUNDATION FOR LOUDOUN & N FAUQUIER | ||||||||
| 163 FORT EVANS ROAD NE 130 | LEESBURG | VA | 20176 | NONE | PC | SUPPORT FOR OPERATIONS AND PROGRAMS - LOUDOUN IMPACT FUND | $47,000 | |
| COMMUNITY FOUNDATION OF NORTHERN VIRGINIA | ||||||||
| 2940 HUNTER MILL ROAD SUITE 201 | OAKTON | VA | 22124 | NONE | PC | COMMUNITY GRANTS AND SCHOLARSHIPS | $2,500 | |
| CYSTIC FIBROSIS FOUNDATION | ||||||||
| 4550 MONTGOMERY AVE SUITE 1100N | BETHESDA | MD | 20814 | NONE | PC | SUPPORT FOR OPERATIONS AND RESEARCH | $1,000 | |
| DECESARIS-PROUT CANCER FOUNDATION | ||||||||
| PO BOX 6089 | ANNAPOLIS | MD | 21401 | NONE | PC | CANCER RESEARCH | $10,000 | |
| ECOAMERICA | ||||||||
| 1730 RHODE ISLAND AVE NW SUITE 200 | WASHINGTON | DC | 20036 | NONE | PC | BUILDING LEADERSHIP, PUBLIC SUPPORT AND POLITICAL WILL FOR CLIMATE SOLUTIONS IN THE UNITED STATES | $10,000 | |
| HALCYON HOUSE | ||||||||
| 3400 PROSPECT STREET NW | WASHINGTON | DC | 20007 | NONE | PC | SUPPORT FOR EMERGING CREATIVES STRIVING FOR A BETTER WORLD | $15,000 | |
| JOHNS HOPKINS MEDICINE | ||||||||
| 5801 SMITH AVENUE MCAULEY HALL STE | BALTIMORE | MD | 21209 | NONE | PC | HEALTH CARE | $1,000,000 | 310 |
| LAUREL RIDGE COMMUNITY COLLEGE | ||||||||
| 6480 COLLEGE ST | WARRENTON | VA | 20187 | NONE | PC | EDUCATION | $10,000 | |
| LIFE WITH CANCER | ||||||||
| 8110 GATEHOUSE ROAD | EAST FALLS CHURCH | VA | 22042 | NONE | PC | 2023 GIFT JOAN HISAOKA GALA | $10,000 | |
| LOUDOUN LAURELS FOUNDATION | ||||||||
| PO BOX 183 | LEESBURG | VA | 20178 | NONE | PC | GALA SPONSPORSHIP | $12,625 | |
| LOUDOUN LITERACY COUNCIL | ||||||||
| 199 LIBERTY ST SW 3RD FLOOR | LEESBURG | VA | 20175 | NONE | PC | PROVIDING LOW INCOME ADULTS AND CHILDREN WITH LITERACY PROFICIENCY AND COMMUNICATION SKILLS | $500 | |
| LOUDOUN WILDLIFE CONSERVANCY | ||||||||
| 17263 SOUTHERN PLANTER LN | LEESBURG | VA | 20176 | NONE | PC | SUPPORT FOR OPERATIONS | $500 | |
| MIDDLEBURG FILM FESTIVAL | ||||||||
| PO BOX 1566 | MIDDLEBURG | VA | 20118 | NONE | PC | PERFORMING ARTS | $25,000 | |
| NORTHERN VIRGINIA ALLIANCE LEAGUE | ||||||||
| PO BOX 5165 | ARLINGTON | VA | 22205 | NONE | PC | AIDING LOCAL NONPROFITS WITH FINANCIAL SUPPORT THROUGH FUNDRAISING ACTIVITIES. | $800 | |
| PIEDMONT EPICUREAN AGRICULTURE CENTER | ||||||||
| 15669 LIMESTONE SCHOOL ROAD | LEESBURG | VA | 20176 | NONE | PC | EDUCATION IN AGRICULTURE | $3,000 | |
| SCAN OF NORTHERN VA | ||||||||
| 205 WHITING ST 205 | ALEXANDRIA | VA | 22304 | NONE | PC | CHILDRENS WELL BEING | $2,500 | |
| UNITED WAY OF LONG ISLAND | ||||||||
| 819 GRAND BOULEVARD 1 | DEER PARK | NY | 11729 | NONE | PC | SCHOLARSHIP | $715,608 | |
| WOLF TRAP FOUNDATION | ||||||||
| 1645 TRAP ROAD | VIENNA | VA | 22182 | NONE | PC | SUPPORT FOR PROGRAMS AND SPONSORSHIPS | $51,450 | |
| HORATIO ALGER ASSOCIATION | ||||||||
| 99 CANAL CENTER PLAZA SUITE 320 | ALEXANDRIA | VA | 22314 | NONE | PC | SUPPORT FOR NEED-BASED SCHOLARSHIPS AND SERVICES TO PROMISING YOUNG PEOPLE WHO ARE PERSEVERING THROUGH ADVERSITY | $250,000 | |
| N STREET VILLAGE INC | ||||||||
| 1333 N STREET NW | WASHINGTON | DC | 20005 | NONE | PC | SUPPORT FOR WOMEN EXPERIENCING HOMELESSNESS IN WASHINGTON, DC | $5,000 | |
| NATIONAL CAPITAL AREA COUNCIL BOY SCOUTS OF AMERICA | ||||||||
| 9190 ROCKVILLE PIKE | BETHESDA | MD | 20814 | NONE | PC | SUPPORT FOR LOCAL COUNCIL OF THE BOY SCOUTS OF AMERCIA | $7,924 | |
| POSTPARTUM SUPPORT VIRGINIA | ||||||||
| PO BOX 5742 | FREDERICKSBURG | VA | 22403 | NONE | PC | PROGRAM SUPPORT FOR EDUCATION OF AND RESOURCES FOR PMADS | $2,000 | |
| THE FENWICK FOUNDATION | ||||||||
| 23 N FENWICK ST | ARLINGTON | VA | 22201 | NONE | PC | PROGRAM SUPPORT FOR PROVIDING LIFE-QUALITY SERVICES FOR HEALTH, MENTAL HEALTH AND WELLBEING | $3,000 | |
| THE WASHINGTON BALLET | ||||||||
| 3515 WISCONSIN AVENUE NW | WASHINGTON | DC | 20016 | NONE | PC | PROGRAM SUPPORT | $2,500 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $2,352,230 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp (2 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | Address Line2RecipientUSAddress/AddressLine2Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|---|
| JOHNS HOPKINS MEDICINE | ||||||||
| 5801 SMITH AVENUE MCAULEY HALL STE | 310 | BALTIMORE | MD | 21209 | NONE | PC | SUPPORT FOR MEDICAL PROGRAMS AND RESEARCH | $2,000,000 |
| WOLF TRAP FOUNDATION | ||||||||
| 1645 TRAP ROAD | VIENNA | VA | 22182 | NONE | PC | SUPPORT OF EDUCATIONAL PROGRAMS | $1,428,571 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $3,428,571 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $3 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $20,755 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $14,200 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $1,697,952 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $1,732,910 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,732,910 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (2 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd | Noncash ContributionNoncashContributionInd |
|---|---|---|---|---|---|---|---|
| FREDRICK D AND KAREN G SCHAUFELD | |||||||
| 1 | 1101 NORWALK STREET | GREENSBORO | NC | 27407 | $595,000 | Yes (X) | |
| FREDRICK D AND KAREN G SCHAUFELD | |||||||
| 2 | 1101 NORWALK STREET | GREENSBORO | NC | 27407 | $2,240,560 | Yes (X) | |
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 2 | ContributorNum |
| Noncash Property | 56,000 SHS CAVA GROUP, INC. | NoncashPropertyDesc |
| Fair Market Value | $2,240,560 | FairMarketValueAmt |
| Received | 2023-12-15 | ReceivedDt |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $10,800 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $10,800 | DisbursementsCharitablePrpsAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (3 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| K-1: SWAN & LEGEND FUND 2 | AT COST | $130,937 | $130,937 |
| K-1: PACTOLUS-CRANEMERE SERIES | AT COST | $1,154,333 | $1,154,333 |
| K-1: GLOBAL VOLATILITY VOYAGEUR LP | AT COST | $108,954 | $96,747 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | BOOK/TAX DIFFERENCES | Desc |
| Amt | $1,669,614 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| BANK FEES | $920 | $0 | $920 |
| INSURANCE | $2,311 | $0 | $2,311 |
| SCHAUFELD SCHOLARSHIP FUND | $62,263 | $0 | $62,263 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | K-1: SWAN & LEGEND FUND II LP | Desc |
| Revenue And Expenses Per Books | $14,200 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $14,200 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $14,200 | AdjustedNetIncomeAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (5 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| INVESTMENT FEES | $45 | $45 | $0 |
| K-1: SWAN & LEGEND FUND II LP | $3,396 | $3,396 | $0 |
| K-1: PACTOLUS-CRANEMERE SERIES FUND LLC | $14,172 | $14,172 | $0 |
| K-1: PACTOLUS/G4 CAPITAL PARTNERS FUND III | $5,432 | $5,432 | $0 |
| K-1: GLOBAL VOLATILITY VOYAGEUR, LP | $1,518 | $1,518 | $0 |