JBJ FOUNDATION INC: Form 990PF, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- JBJ FOUNDATION INC (EIN 65-1001949)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-11-17
- IRS object ID
- 202533219349107683
- Schema version
- 2024v5.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Schedule B
- Depreciation Schedule
- Investments Corp Bonds Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Land Etc Schedule2
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-11-17T16:44:21-06:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ALVAREZ & MARSAL TAX LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 360 S ROSEMARY AVE SUITE 1010 | AddressLine1Txt |
| City | WEST PALM BEACH | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33401 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 651001949 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JBJ FOUNDATION INC | BusinessNameLine1Txt |
| Business Name Line2 | C/O CARISSA TEPOVICH | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % JBJ FOUNDATION INC | InCareOfNm |
| Business Name Control | JBJF | BusinessNameControlTxt |
| Phone | 7865835713 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4425 PONCE DE LEON BLVD 4TH FLOOR | AddressLine1Txt |
| City | CORAL GABLES | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33146 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DAVID ERTEL | PersonNm |
| Person Title | DIRECTOR | PersonTitleTxt |
| Phone | 3058548880 | PhoneNum |
| Signature | 2025-11-17 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ANTHONY J GIACALONE | PreparerPersonNm |
| PTIN | P01523514 | PTIN |
| Phone | 5612498446 | PhoneNum |
| Preparation | 2025-11-17 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | 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 | $221,799,105 | 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 | $68,000,000 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $4,598,008 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $4,598,008 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $4,598,008 | InterestOnSavingsAdjNetIncmAmt |
| Dividends Rev And Expnss | $4,171,368 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $4,171,368 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $4,171,368 | DividendsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $402,134 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $402,134 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $402,134 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $329,146 | NetSTCapitalGainAdjNetIncmAmt |
| Other Income Rev And Expnss | $525,397 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $525,397 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $525,397 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $77,696,907 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $9,696,907 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $9,623,919 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $543,219 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $0 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $543,219 | CompOfcrDirTrstDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $58,611 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $0 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Adj Net Incm | $0 | PensionEmplBnftAdjNetIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $58,611 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $13,309 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $13,309 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $98,003 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $98,003 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $75,512 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Dsbrs Chrtbl | $75,512 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $107,423 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $85,000 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $22,423 | TaxesDsbrsChrtblAmt |
| Occupancy Rev And Expnss | $6,050 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $0 | OccupancyNetInvstIncmAmt |
| Occupancy Adj Net Incm | $0 | OccupancyAdjNetIncmAmt |
| Occupancy Dsbrs Chrtbl | $6,050 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $8,960 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Adj Net Incm | $0 | TravConfMeetingAdjNetIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $8,960 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $916,903 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $553,108 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $308,581 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $55,214 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $1,827,990 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $553,108 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $393,581 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $881,301 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $10,525,908 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $10,525,908 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $12,353,898 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $553,108 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $393,581 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $11,407,209 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $65,343,009 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $9,143,799 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $9,230,338 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $20,637,261 | CashBOYAmt |
| Cash EOY | $5,208,998 | CashEOYAmt |
| Cash EOYFMV | $5,208,998 | CashEOYFMVAmt |
| Acct Rcvbl | $10,125 | AcctRcvblAmt |
| Acct Rcvbl BOY | $10,125 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $10,125 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $10,125 | AcctRcvblEOYFMVAmt |
| US Government Obligations BOY | $2,316,517 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $2,270,279 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $2,278,830 | USGovtObligationsEOYFMVAmt |
| Corporate Bonds BOY | $37,274,730 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $63,684,376 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $63,418,330 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $71,208,123 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $106,461,610 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $108,874,991 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $8,762 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $6,615 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $1,038 | LandBOYAmt |
| Land EOY | $2,147 | LandEOYAmt |
| Land EOYFMV | $2,147 | LandEOYFMVAmt |
| Other Assets BOY | $20,006,330 | OtherAssetsBOYAmt |
| Other Assets EOY | $42,005,684 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $42,005,684 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $151,454,124 | TotalAssetsBOYAmt |
| Total Assets EOY | $219,643,219 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $221,799,105 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $130,000 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $225,000 | AccountsPayableEOYAmt |
| Other Liabilities BOY | $525,153 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $203,027 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $655,153 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $428,027 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $150,798,971 | RetainedEarningBOYAmt |
| Retained Earning EOY | $219,215,192 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $150,798,971 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $219,215,192 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $151,454,124 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $219,643,219 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $150,798,971 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $65,343,009 | ExcessRevenueOverExpensesAmt |
| Other Increases | $3,073,212 | OtherIncreasesAmt |
| Subtotal | $219,215,192 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $219,215,192 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $402,134 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $329,146 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $127,099 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $127,099 | SubtotalAmt |
| Tax Based On Investment Income | $127,099 | TaxBasedOnInvestmentIncomeAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $130,000 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $130,000 | TotalPaymentsAndCreditsAmt |
| Overpayment | $2,901 | OverpaymentAmt |
| Applied To ES Tax | $2,901 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | FL | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | Yes (true) | PrivateOperatingFoundationInd |
| New Substantial Contributors | Yes (true) | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | false | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JBJ FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7865835713 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4425 PONCE DE LEON BLVD 4TH FLOOR | AddressLine1Txt |
| City | CORAL GABLES | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33146 | 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 | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| 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 (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 |
|---|---|---|---|---|---|---|---|---|
| DAVID ERTEL | ||||||||
| 4425 PONCE DE LEON BLVD 4TH FLOOR | CORAL GABLES | FL | 33146 | DIRECTOR | 10.0 | $0 | $0 | $0 |
| BETH ERTEL | ||||||||
| 4425 PONCE DE LEON BLVD 4TH FLOOR | CORAL GABLES | FL | 33146 | DIRECTOR | 10.0 | $0 | $0 | $0 |
| MICHAEL K PARK | ||||||||
| PERSONAL INFO AVAIL UPON REQUEST | CORAL GABLES | FL | 33146 | OFFICER | 40.0 | $0 | $0 | $0 |
| CARISSA TEPOVICH | ||||||||
| PERSONAL INFO AVAIL UPON REQUEST | CORAL GABLES | FL | 33146 | OFFICER | 10.0 | $0 | $0 | $0 |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (4 entries)
| Address Line1ForeignAddress/AddressLine1Txt | CityForeignAddress/CityNm | CountryForeignAddress/CountryCd | Foreign PostalForeignAddress/ForeignPostalCd | Service TypeServiceTypeTxt | CompensationCompensationAmt | Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd |
|---|---|---|---|---|---|---|---|---|---|
| AFRICA HR SOLUTIONS LTD | |||||||||
| 6TH FLR DIAS PIER BUILDING LE CAU | PORT LOUIS | MP | 11307 | PROFESSIONAL SVCS | $131,962 | ||||
| VELOCITY GLOBAL | |||||||||
| PROFESSIONAL SVCS | $338,174 | 1701 PLATTE ST SUITE 210 | DENVER | CO | 80202 | ||||
| ALVAREZ & MARSAL TAX LLC | |||||||||
| PROFESSIONAL SVCS | $98,003 | 600 BRICKELL AVENUE SUITE 2950 | MIAMI | FL | 33131 | ||||
| MERCER INV | |||||||||
| PROFESSIONAL SVCS | $50,834 | 3560 LENOX ROAD SUITE 2400 | ATLANTA | GA | 30326 | ||||
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | BUILDING EDUCATIONAL FOUNDATIONS THROUGH INNOVATION & TECHNO LOGY (BEFIT): IMPROVING LITERACY AND NUMERACY AMOUNG PRIMARY SCHOOL STUDENTS THROUGH DIST. AND USE OF TABLETS/SOFTWARE. | Description1Txt |
| Expenses1 | $7,156,233 | Expenses1Amt |
| Description2 | PROJECT BETTER ANGELS: PROMOTING PEACE AND UNDERSTANDING THROUGH EDUCATION INITIATIVES AMOUNG YOUNG PEOPLE. | Description2Txt |
| Expenses2 | $2,381,333 | Expenses2Amt |
| Description3 | MALAWI: INCREASING ACCESS TO EDUCATION, PARENTING SKILLS, AND ESSENTIAL MEDICINES IN MALAWI. | Description3Txt |
| Expenses3 | $730,486 | Expenses3Amt |
| Description4 | KWITANDA COMMUNITY HEALTH PROJECT (KCHP): IMPLEMENTATION OF THE KWITANDA COMMUNITY HEALTH PROJECT, WHICH PROVIDES COMMUN ITY HEALTH SERVICES TO A CATCHMENT AREA IN BALAKA DISTRICT. | Description4Txt |
| Expenses4 | $127,156 | Expenses4Amt |
| 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 | $1,235,082 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $9,500,568 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $176,840,216 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $187,575,866 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $187,575,866 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $2,813,638 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $184,762,228 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $9,238,111 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sect4942j3j5 Fndtn And Frgn Org | Yes (X) | Sect4942j3j5FndtnAndFrgnOrgInd |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $11,407,209 | 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 | $11,407,209 | QualifyingDistributionsAmt |
Private Operating Foundations PrivateOperatingFoundationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Fndtn Ruling | 2000-10-13 | PrivateOperatingFndtnRulingDt |
| Section4942j3 | Yes (X) | Section4942j3Ind |
Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $9,230,338 | CurrentYearAmt |
| Year1 | $6,648,190 | Year1Amt |
| Year2 | $2,006,942 | Year2Amt |
| Year3 | $180,217 | Year3Amt |
| Total | $18,065,687 | TotalAmt |
Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $7,845,787 | CurrentYearAmt |
| Year1 | $5,650,962 | Year1Amt |
| Year2 | $1,705,901 | Year2Amt |
| Year3 | $153,184 | Year3Amt |
| Total | $15,355,834 | TotalAmt |
Qualifying Distributions QualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $11,407,209 | CurrentYearAmt |
| Year1 | $12,571,341 | Year1Amt |
| Year2 | $2,156,199 | Year2Amt |
| Year3 | $2,280,180 | Year3Amt |
| Total | $28,414,929 | TotalAmt |
Qualifying Distri Not Used Drt QualifyingDistriNotUsedDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $0 | CurrentYearAmt |
| Year1 | $0 | Year1Amt |
| Year2 | $0 | Year2Amt |
| Year3 | $0 | Year3Amt |
| Total | $0 | TotalAmt |
Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $11,407,209 | CurrentYearAmt |
| Year1 | $12,571,341 | Year1Amt |
| Year2 | $2,156,199 | Year2Amt |
| Year3 | $2,280,180 | Year3Amt |
| Total | $28,414,929 | TotalAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $0 | CurrentYearAmt |
| Year1 | $0 | Year1Amt |
| Year2 | $0 | Year2Amt |
| Year3 | $0 | Year3Amt |
| Total | $0 | TotalAmt |
Total Assets Sect4942j3 Bi TotalAssetsSect4942j3BiGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $0 | CurrentYearAmt |
| Year1 | $0 | Year1Amt |
| Year2 | $0 | Year2Amt |
| Year3 | $0 | Year3Amt |
| Total | $0 | TotalAmt |
Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $6,153,558 | CurrentYearAmt |
| Year1 | $4,432,127 | Year1Amt |
| Year2 | $4,986,817 | Year2Amt |
| Year3 | $1,112,105 | Year3Amt |
| Total | $16,684,607 | TotalAmt |
Total Support TotalSupportGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Public Support Type PublicSupportType
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Largest Support From EO LargestSupportFromEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Gross Investment Income GrossInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | DAVID ERTEL | ContributingManagerNm |
| Contributing Manager | BETH ERTEL | ContributingManagerNm |
| Shareholder Manager | NONE | ShareholderManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | VARIOUS CHARITABLE ACTIVITIES | BusinessNameLine1Txt |
Recipient Foreign Address RecipientForeignAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | VARIOUS | AddressLine1Txt |
| Province Or State | VARIOUS | ProvinceOrStateNm |
| Country | MI | CountryCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Or Contribution Purpose | VARIOUS CHARITABLE ACTIVITIES | GrantOrContributionPurposeTxt |
| Amt | $10,525,908 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $10,525,908 | 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 | $4,598,008 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $4,171,368 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Income | OtherInvestmentIncomeGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $402,134 | 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 | OTHER INCOME FROM PASS-THROUGH INVESTMENTS | Desc |
| Exclusion | 18 | ExclusionCd |
| Exclusion | $525,397 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $9,696,907 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $9,696,907 | 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 | DAVID BETH ERTEL | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4425 PONCE DE LEON BLVD 4TH FLOOR | AddressLine1Txt |
| City | CORAL GABLES | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33146 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $68,000,000 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (7 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Prior Year DepreciationPriorYearDepreciationAmt | Computation MethodComputationMethodTxt | LifeLifeRt | Current Year ExpenseCurrentYearExpenseAmt |
|---|---|---|---|---|---|---|
| COMPUTER EQUIPMENT | 2002-06-01 | $1,037 | $1,037 | DDB | 5 | |
| LAPTOP | 2018-07-30 | $1,358 | $1,270 | DDB | 5 | |
| LAPTOP | 2019-05-31 | $1,391 | $1,232 | DDB | 5 | $64 |
| DESK | 2020-07-29 | $1,280 | $869 | DDB | 7 | $117 |
| LAPTOP | 2020-05-29 | $1,044 | $871 | DDB | 5 | $69 |
| COMPUTER EQUIPMENT | 2020-08-31 | $1,107 | $900 | DDB | 5 | $83 |
| PHONE | 2024-10-22 | $1,545 | DDB | 5 | $103 |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | STOCKS | BondNm |
| EOY Book Value | $63,684,376 | EOYBookValueAmt |
| EOYFMV | $63,418,330 | EOYFMVAmt |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $2,270,279 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $2,278,830 | USGovtObligationsEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (22 entries)
| Category Or ItemCategoryOrItemTxt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| INVESTMENT IN BOO V LP | $1,297,123 | $1,267,123 |
| INVESTMENT IN BOO V AIV 2 LP | $2,105,383 | $2,105,383 |
| INVESTMENT IN BOO VIA I LP | $464,741 | $464,741 |
| INVESTMENT IN BOO VI 2 LP | $1,256,586 | $1,256,586 |
| INVESTMENT IN ICG STRATEGIC EQ | $6,160,218 | $6,472,035 |
| INVESTMENT IN SWEETWATER PRIVA | $3,069,714 | $3,377,271 |
| INVESTMENT IN APOLLO ACCORD | $5,651,709 | $5,532,922 |
| INVESTMENT IN VINTAGE 2021 PRI | $2,560,682 | $3,045,065 |
| INVESTMENT IN HPS CORP LENDING | $19,303,175 | $19,743,878 |
| INVESTMENT IN BOF OFFSHORE VII | $12,297,713 | $12,297,713 |
| INVESTMENT IN BAYVIEW MSR OPP | $12,377,452 | $12,377,452 |
| INVESTMENT IN TCG OPP III | $1,319,791 | $962,445 |
| INVESTMENT IN TCG OPP V | $891,745 | $812,232 |
| INVESTMENT IN CRV XIX LP | $2,857,482 | $3,132,915 |
| INVESTMENT IN IIF TAX EXEMPT H | $10,000,000 | $10,481,704 |
| INVESTMENT IN PERCEPTIVE CREDI | $3,701,186 | $3,647,931 |
| INVESTMENT IN FELICIS VENTURES | $2,012,355 | $2,553,998 |
| INVESTMENT IN ICG STRATEGIC EQ | $925,059 | $1,105,962 |
| INVESTMENT IN APOLLO ACCORD II | $1,184,273 | $1,295,914 |
| INVESTMENT IN ICG PRIVATE EQUI | $15,000,000 | $15,000,000 |
| INVESTMENT IN BRIGHTSTAR CAPIT | $758,365 | $780,591 |
| INVESTMENT IN DYMON ASIA PRIVA | $1,266,858 | $1,161,130 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (7 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt |
|---|---|---|---|
| COMPUTER EQUIPMENT | $1,037 | $1,037 | |
| LAPTOP | $1,358 | $1,270 | $88 |
| LAPTOP | $1,391 | $1,296 | $95 |
| DESK | $1,280 | $986 | $294 |
| LAPTOP | $1,044 | $940 | $104 |
| COMPUTER EQUIPMENT | $1,107 | $983 | $124 |
| PHONE | $1,545 | $103 | $1,442 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| FL PREPAID COLLEGE TUITION | $6,330 | $5,684 | $5,684 |
| SHORT TERM CASH DEPOSITS | $20,000,000 | $42,000,000 | $42,000,000 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (11 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| BANK FEES | $395 | $395 | $0 | $0 |
| INSURANCE | $22,741 | $0 | $0 | $22,741 |
| INVESTMENT MANAGEMENT FEES | $50,834 | $50,834 | $0 | $0 |
| SHIPPING/POSTAGE EXPENSE | $28,189 | $0 | $0 | $28,189 |
| DUES AND FEES | $185 | $0 | $0 | $185 |
| PASSTHROUGH INV. EXPENSES | $72,979 | $72,979 | $0 | $0 |
| PASSTHROUGH OTHER DEDUCTIONS | $737,481 | $428,900 | $308,581 | $0 |
| SUBSCRIPTIONS | $770 | $0 | $0 | $770 |
| CHARITABLE CONTRIBUTIONS | $2,588 | $0 | $0 | $2,588 |
| MEMBERSHIP FEE | $95 | $0 | $0 | $95 |
| COLLEGE TUITION | $646 | $0 | $0 | $646 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER INCOME FROM INVESTMENTS | Desc |
| Revenue And Expenses Per Books | $525,397 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $525,397 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $525,397 | AdjustedNetIncomeAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ADJUSTMENTS FOR FOREIGN INCOME | Desc |
| Amt | $3,073,212 | Amt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (4 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| INVESTMENT IN WEBSTAR EQUITY PARTNERS V | $0 | $203,027 |
| INVESTMENT IN BRIGHTSTAR CAPITAL PARTNERS FUND III-A | $241,242 | $0 |
| INVESTMENT IN DYMON ASIA PRIVATE EQUITY FUND III LP | $192,516 | $0 |
| INVESTMENT IN ICG STRATEGIC EQUITY V | $91,395 | $0 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | CONSULTING FEES | CategoryTxt |
| Amt | $75,512 | Amt |
| Disbursements Charitable Prps | $75,512 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| PAYROLL TAXES | $22,423 | $0 | $0 | $22,423 |
| FEDERAL TAX EXPENSE | $85,000 | $0 | $85,000 | $0 |