PLANK FAMILY FOUNDATION: Form 990PF, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- PLANK FAMILY FOUNDATION (EIN 26-1300940)
- Tax period
- 2017-01-01 to 2017-12-31
- Filed
- 2018-11-13
- IRS object ID
- 201803179349101170
- Schema version
- 2017v2.3
- 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
- Depreciation Schedule
- Expenditure Responsibility Stmt
- Investments Other Schedule2
- Land Etc Schedule2
- Liquidation Explanation Stmt
- Other Assets Schedule
- Other Expenses Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2018-11-13T12:06:06-06:00 | ReturnTs |
| Tax Period End | 2017-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 475153865 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ROSEN SAPPERSTEIN & FRIEDLANDER LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 405 YORK ROAD | AddressLine1Txt |
| City | TOWSON | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 21204 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2017-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 261300940 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE PLANK FAMILY FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | PLAN | BusinessNameControlTxt |
| Phone | 4104546472 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 907 | AddressLine1Txt |
| City | BROOKLANDVILLE | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 21022 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | THOMAS GEDDES | PersonNm |
| Person Title | DIRECTOR | PersonTitleTxt |
| Phone | 4104546472 | PhoneNum |
| Signature | 2018-11-06 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | RICHARD A FRIEDLANDER CPA | PreparerPersonNm |
| PTIN | P00024186 | PTIN |
| Phone | 4105810800 | PhoneNum |
| Preparation | 2018-10-29 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 144.202.233.66 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2018-11-06 | IPDt |
| IP Tm | 17:11:37 | IPTm |
| IP Timezone | ES | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 377C0A7659B66925972A6D71599A6B353439AF39 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 377C0A7659B66925972A6D71599A6B353439AF39 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2017 | 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 | $19,985,017 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $81,328 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $81,328 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $516,788 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $516,788 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $351,308 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $17,381,642 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $351,308 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $949,424 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $949,424 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $37,500 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $3,750 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $21,635 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $0 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $0 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $49,924 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $25,970 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $25,383 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $19,585 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $3,130 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $264 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $0 | DeprecAndDpltnNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $9,655 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $200 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $164,533 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $32,463 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $17,850,100 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $17,850,100 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $18,014,633 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $32,463 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $17,850,100 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$17,065,209 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $916,961 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $1,703 | CashBOYAmt |
| Cash EOY | $39,596 | CashEOYAmt |
| Cash EOYFMV | $39,596 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $306,695 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $125,715 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $125,715 | SavAndTempCashInvstEOYFMVAmt |
| Other Investments BOY | $36,740,787 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $19,825,131 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $18,364,267 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $15,536 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $15,536 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $264 | LandBOYAmt |
| Land EOY | $0 | LandEOYAmt |
| Land EOYFMV | $0 | LandEOYFMVAmt |
| Other Assets BOY | $1,383,136 | OtherAssetsBOYAmt |
| Other Assets EOY | $1,380,039 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $1,455,439 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $38,432,585 | TotalAssetsBOYAmt |
| Total Assets EOY | $21,370,481 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $19,985,017 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $70 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $3,174 | AccountsPayableEOYAmt |
| Other Liabilities BOY | $9,149 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $9,150 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $9,219 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $12,324 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $38,423,366 | RetainedEarningBOYAmt |
| Retained Earning EOY | $21,358,157 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $38,423,366 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $21,358,157 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $38,432,585 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $21,370,481 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $38,423,366 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$17,065,209 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $21,358,157 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $21,358,157 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (9 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| EXHIBIT I - PAGE 1 OF 2 | P | $98,262 | $100,664 | -$2,402 | -$2,402 |
| EXHIBIT I - PAGE 2 OF 2 | P | $602,170 | $603,676 | -$1,506 | -$1,506 |
| EXHIBIT I - PAGE 2 OF 2 | P | $1,549,577 | $1,541,430 | $8,147 | $8,147 |
| EXHIBIT II - PAGE 1 OF 1 | P | $844,974 | $832,983 | $11,991 | $11,991 |
| EXHIBIT III - PAGE 4 OF 5 | P | $13,320,000 | $13,130,120 | $189,880 | $189,880 |
| EXHIBIT III - PAGE 5 OF 5 | P | $325,000 | $334,426 | -$9,426 | -$9,426 |
| EXHIBIT IV - PAGE 3 OF 15 | P | $59,553 | $63,049 | -$3,496 | -$3,496 |
| EXHIBIT IV - PAGE 15 OF 15 | P | $490,279 | $423,986 | $66,293 | $66,293 |
| CAPITAL GAINS DIVIDENDS | P | $91,827 | $91,827 | $91,827 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $351,308 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $13,928,229 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $45,229,630 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.307945 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $8,896,311 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $47,005,899 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.189259 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $8,720,826 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $41,111,797 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.212125 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $4,468,257 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $35,132,036 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.127185 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $3,929,665 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $21,297,483 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.184513 | DistributionYr5Rt |
| Total Distribution | 1.021027 | TotalDistributionRt |
| Average Distribution | 0.204205 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $28,266,982 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $5,772,259 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $9,170 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $5,781,429 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $17,850,100 | 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 | $9,170 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $9,170 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $9,170 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $94,468 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $94,468 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $85,298 | OverpaymentAmt |
| Applied To ES Tax | $85,298 | 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 | Yes (1) | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | MD | 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 |
| Individual With Books | AMY LARKIN EXECUTIVE DIRECTOR | IndividualWithBooksNm |
| Phone | 4104546472 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1030 HULL STREET4TH FLOOR | AddressLine1Txt |
| City | BALTIMORE | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 21230 | 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 | Yes (1) | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| 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 | Yes (1) | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | 0 | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | Yes (1) | MaintainedExpenditureRspnsInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (5 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 |
|---|---|---|---|---|---|---|---|---|
| KEVIN A PLANK | ||||||||
| 1030 HULL STREET 4TH FLOOR | BALTIMORE | MD | 21230 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| DESIREE JACQUELINE PLANK | ||||||||
| 1030 HULL STREET 4TH FLOOR | BALTIMORE | MD | 21230 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| THOMAS J SIPPEL | ||||||||
| 98 CHURCH STREET | ROCKVILLE | MD | 20850 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| AMY S LARKIN | ||||||||
| 1030 HULL STREET 4TH FLOOR | BALTIMORE | MD | 21230 | DIRECTOR | 20.00 | $37,500 | $0 | $0 |
| THOMAS GEDDES | ||||||||
| 1030 HULL STREET 4TH FLOOR | BALTIMORE | MD | 21230 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| 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 | $27,238,274 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,459,170 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $28,697,444 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $28,697,444 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $430,462 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $28,266,982 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,413,349 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,413,349 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $9,170 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $9,170 | TotalTaxAmt |
| Distributable Before Adj | $1,404,179 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $1,404,179 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $1,404,179 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $17,850,100 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $17,850,100 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $9,170 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $17,840,930 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,404,179 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $2,992,213 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $2,899,963 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $7,121,994 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $6,922,694 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $11,760,351 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $31,697,215 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $17,850,100 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $1,404,179 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $16,445,921 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $48,143,136 | 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 | $2,992,213 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $45,150,923 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $2,899,963 | ExcessFromYear4Amt |
| Excess From Year3 | $7,121,994 | ExcessFromYear3Amt |
| Excess From Year2 | $6,922,694 | ExcessFromYear2Amt |
| Excess From Year1 | $11,760,351 | ExcessFromYear1Amt |
| Excess From Current Year | $16,445,921 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | AMY S LARKIN EXECUTIVE DIRECTOR | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1030 HULL STREET 4TH FLOOR | AddressLine1Txt |
| City | BALTIMORE | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 21230 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 4104546472 | RecipientPhoneNum |
| Form And Info And Materials | SUBMITTING A LETTER OF REQUEST. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | NONE NONE | SubmissionDeadlinesTxt |
| Restrictions On Awards | NONE | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (52 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| BOOMER ESIASON FOUNDATION | ||||||
| PO BOX 28819 | NEW YORK | NY | 100878819 | PC | FUNDING RESEARCH FOR CYSTIC FIBROSIS | $50,000 |
| CAL RIPKEN SR FOUNDATION | ||||||
| 1427 CLARKVIEW ROAD SUITE 100 | BALTIMORE | MD | 21209 | PC | FUNDING FOR PATTERSON PARK FIELD AND YOUTH PROGRAMS | $50,000 |
| CHESTNUT RIDGE VOLUNTEER FIRE COMPANY | ||||||
| 12020 GREENSPRING AVENUE | OWINGS MILLS | MD | 21117 | PC | GENERAL DONATION | $5,000 |
| GLYNDON VOLUNTEER FIRE COMPANY | ||||||
| 4812 BUTLER ROAD | GLYNDON | MD | 21071 | PC | GENERAL DONATION | $5,000 |
| GRASSROOTS YOUTH MENTORING FOUNDATION | ||||||
| PO BOX 2513 | WALDORF | MD | 206042513 | PC | STUDENT SUPPORT SERVICES | $250,000 |
| GREATER BALTIMORE CHAPTER OF THE NATIONAL FOOTBALL FOUNDATION | ||||||
| PO BOX 20003 | BALTIMORE | MD | 21284 | PC | FIELD GOAL SPONSOR | $3,000 |
| HOLTON ARMS | ||||||
| 7303 RIVER ROAD | BETHESDA | MD | 20817 | PC | GENERAL DONATION | $10,000 |
| JOHNS HOPKINS UNIVERSITY | ||||||
| 5200 EASTERN AVE MFL CENTER TOWER | BALTIMORE | MD | 21224 | PC | GENERAL DONATION | $250,000 |
| PARTNERS IN EXCELLENCE | ||||||
| 320 CATHEDRAL STREET | BALTIMORE | MD | 21201 | PC | PLANK SCHOLARS PROGRAM | $250,000 |
| PLANK FOUNDATION FOR ENTREPRENEURSHIP | ||||||
| 1030 HULL STREET 4TH FLOOR | BALTIMORE | MD | 21230 | PF | CUPIDS CUP 2017 | $400,000 |
| ST JOHNS COLLEGE HIGH SCHOOL | ||||||
| 2607 MILITARY ROAD NW | WASHINGTON | MD | 20015 | PC | ANNUAL PLEDGE | $3,000,000 |
| ST PAUL'S SCHOOL | ||||||
| PO BOX 8100 | BROOKLANDVILLE | MD | 21022 | PC | 2017 ANNUAL DONATION | $50,000 |
| ST PAUL'S SCHOOL - BRIDGES | ||||||
| PO BOX 8100 | BROOKLANDVILLE | MD | 21022 | PC | 2017 DONATION TO THE BRIDGES PROGRAM | $125,000 |
| ST PAULS SCHOOL FOR GIRLS | ||||||
| 11232 FALLS ROAD | LUTHERVILLETIMONIUM | MD | 21093 | PC | GENERAL DONATION | $40,000 |
| THOROUGHBRED AFTERCARE ALLIANCE FOUNDATION INC | ||||||
| 821 CORPORATE DRIVE | LEXINGTON | KY | 40503 | PC | GENERAL DONATION | $10,000 |
| UNIVERSITY OF MARYLAND | ||||||
| DIVISION OF UNIVERSITY RELATIONS | COLLEGE PARK | MD | 20742 | PC | COLE FIELD HOUSE VISION FUND | $10,000,000 |
| YOUTH LEADERSHIP FOUNDATION INC | ||||||
| 5034 WISCONSIN AVENUE SUITE 250 | WASHINGTON | DC | 20016 | PC | DONATION FOR 2017 JOHNNY HOLIDAY | $5,000 |
| FIGHT FOR CHILDREN INC | ||||||
| 1029 VERMONT AVENUE NW SUITE 300 | WASHINGTON | DC | 20016 | PC | FIGHT NIGHT DONATION | $2,000,000 |
| COLLEGE BOUND FOUNDATION | ||||||
| 300 WATER STREET | BALTIMORE | MD | 21202 | PC | 2017 CONTRIBUTION | $200,000 |
| GREATER WASHINGTON PARTNERSHIP | ||||||
| 1911 FREEDOM DRIVE SUITE 710 | RESTON | VA | 20190 | PC | 2017 CONTRIBUTION | $250,000 |
| ASSOCIATED BLACK CHARITIES | ||||||
| 1114 CATHERAL STREET | BALTIMORE | MD | 21201 | PC | 2017 ANNUAL GALA | $25,000 |
| MEDSTAR HARBOR HOSPITAL | ||||||
| 3001 SOUTH HANOVER STREET | BALTIMORE | MD | 212251402 | PC | GENERAL CONTRIBUTION | $150,000 |
| JOHNS HOPKINS CHILDREN'S CENTER | ||||||
| 750 E PRATT STREET SUITE 1700 | BALTIMORE | MD | 21202 | PC | DONATION TO ANNUAL FUND | $10,000 |
| BALTIMORE CITY FOUNDATION | ||||||
| 7 E REDWOOD STREET 9TH FLOOR | BALTIMORE | MD | 21202 | PC | YOUTHWORKS SUMMER JOB FUNDING | $150,000 |
| CATHOLIC CHARITIES | ||||||
| 1011 FIRST AVENUE 11TH FLOOR | NEW YORK | NY | 10022 | PC | ANNUAL CYO CLUB OF CHAMPIONS TRIBUTE | $10,000 |
| EPISCOPAL DIOCESE OF MARYLAND - SUTTON SCHOLARS | ||||||
| 4 E UNIVERSITY PARKWAY | BALTIMORE | MD | 21218 | PC | SUTTON SCHOLARS PROGRAM | $25,000 |
| BALTIMORE CITY BRANCH OF NAACP | ||||||
| 8 W 26TH STREET | BALTIMORE | MD | 21218 | PC | NAACP NATIONAL CONVENTION 2017 | $10,000 |
| EAST COAST GREENWAY ALLIANCE INC | ||||||
| 5826 FAYETTEVILLE ROAD SUITE 210 | DURHAM | NC | 27713 | PC | EAST COAST GREENWAY ALLIANCE RELAY | $5,000 |
| SOMEBODY CARES BALTIMORE INC | ||||||
| 9510 BURTON AVENUE | BALTIMORE | MD | 21234 | PC | DAY OF HOPE DONATION | $15,000 |
| TEAM RUBICON | ||||||
| 6171 W CENTURY BLVD SUITE 310 | LOS ANGELES | CA | 90045 | PC | HURRICANE HARVEY RELIEF EFFORTS | $100,000 |
| AFRO CHARITIES INCAFRO AMERICAN COMPANY OF BALTIMORE CITY | ||||||
| 2519 NORTH CHARLES STREET | BALTIMORE | MD | 21218 | PC | AFRO 125 GALA SPONSORSHIP | $10,000 |
| CENTER FOR URBAN FAMILIES | ||||||
| 2201 NORTH MONROE STREET | BALTIMORE | MD | 21217 | PC | 2017 DONATION | $250,000 |
| CAMPAIGN FOR BLACK MALE ACHIEVEMENT INC | ||||||
| 570 LEXINGTON AVENUE 5TH FLOOR | NEW YORK | NY | 10022 | PC | RUMBLE YOUNG MAN RUBLE DONATION | $10,000 |
| LINDA FELDERS HOUSE OF ETIQUETTE | ||||||
| 1268 E NORTH AVENUE | BALTIMORE | MD | 21202 | PC | GENERAL DONATION | $2,500 |
| CHERRY HILL UNITED METHODIST CHURCH | ||||||
| PO BOX 19811 | BALTIMORE | MD | 212250311 | PC | YOUTH RETREAT | $2,500 |
| CHERRY HILL ELEMENTARYMIDDLE SCHOOL | ||||||
| 844 ROUNDVIEW ROAD | BALTIMORE | MD | 21225 | PC | COMMUNITY PRODUCTION PROGRAM | $2,500 |
| KERRY KARES FOUNDATION | ||||||
| 1204 SHELLBANKS ROAD | BALTIMORE | MD | 21225 | PC | MENTORING PROGRAM | $2,500 |
| LETS GO BOYS AND GIRLS | ||||||
| 3800 THOMAS POINT ROAD | ANNAPOLIS | MD | 21403 | PC | STEM PROGRAM | $4,500 |
| COMMUNITY OUTREACH MINISTRY | ||||||
| 2616 RIDGELY STREET | BALTIMORE | MD | 21230 | PC | FAMILY MATTERS PROGRAM | $2,500 |
| WESTPORT COMMUNITY ECONOMIC DEVELOPMENT CORPORATION | ||||||
| 2218 SIDNEY AVENUE | BALTIMORE | MD | 21230 | PC | GENERAL DONATION & UNITY DAY | $12,000 |
| ALLIANCE OF GUARDIAN ANGELS INC | ||||||
| 982 EAST 89TH STREET | BROOKLYN | NY | 11236 | PC | GUARDIAN ANGELS PROGRAM | $1,250 |
| BALTIMORE CITY FOUNDATION INC | ||||||
| 7 E REDWOOD STREET 9TH FLOOR | BALTIMORE | MD | 21202 | PC | GENERAL DONATION | $1,250 |
| DRINK AT THE WELL INC | ||||||
| 4710 PENNINGTON AVENUE | BALTIMORE | MD | 21226 | PC | WORKFORCE DEVELOPMENT PROGRAMMING | $5,000 |
| COMMUNITY OF CURTIS BAY ASSOCIATION INC | ||||||
| 1503 ELMTREE STREET | BALTIMORE | MD | 21226 | PC | GENERAL DONATION | $2,500 |
| LEARNING TO OVERCOME VARIOUS LIFE EXPERIENCES INC | ||||||
| PO BOX 2752 | BROOKLYN | MD | 21225 | PC | GENERAL DONATION | $2,500 |
| EMPOWERED CHURCH MINISTRIES | ||||||
| 433B E PATAPSCO AVENUE | BALTIMORE | MD | 21225 | PC | SUPPORT LOCAL CHURCH EVENTS FOR THE COMMUNITY | $2,500 |
| BAY BROOK ELEMENTARY SCHOOL | ||||||
| 4301 10TH STREET | BALTIMORE | MD | 21225 | PC | SUPPORT RESTORATIVE PRACTICES PROGRAM | $4,900 |
| FULL GOSPEL OF CHRIST FELLOWSHIP INCGREATER HOPE WORSHIP CENTER | ||||||
| 1005 E PATAPSCO AVENUE | BALTIMORE | MD | 21225 | PC | YOUTH DEVELOPMENT PROGRAM | $2,500 |
| NF FORWARD | ||||||
| 1074 WOODWARD AVENUE | DETROIT | MI | 48226 | PC | BENEFIT V GALA | $48,200 |
| KOINONIA BAPTIST CHURCH | ||||||
| 5738 BELAIR ROAD | BALTIMORE | MD | 21206 | PC | GENERAL DONATION | $7,500 |
| SOUTHERN BAPTIST CHURCH | ||||||
| 1701 N CHESTER STREET | BALTIMORE | MD | 21213 | PC | 2017 EDUCATION & EMPOWERING EVENT | $10,000 |
| TIPPING POINT COMMUNITY | ||||||
| 220 MONTGOMERY STREET SUITE 850 | SAN FRANCISCO | CA | 94104 | PC | CALIFORNIA WILDFIRE RELIEF | $10,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $17,850,100 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $81,328 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $516,788 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $351,308 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $949,424 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $949,424 | 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 | Yes (1) | RelationshipsNonchrtblEOInd |
Relationship Schedule Detail RelationshipScheduleDetail
Organization Business Name OrganizationBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PLANK FOUNDATION FOR ENTREPRENEURSHIP INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Type | 501(C)(3) | OrganizationTypeDesc |
| Relationship Description | COMMON BOARD OF DIRECTORS - 50% OF THE MEMBERS OF EACH BOARD ARE COMMON TO BOTH BOARDS. | RelationshipDescriptionTxt |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $49,924 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (7 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Prior Year DepreciationPriorYearDepreciationAmt | Computation MethodComputationMethodTxt | LifeLifeRt | Current Year ExpenseCurrentYearExpenseAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|---|---|---|---|
| FIRE SAFE CABINET | 2008-04-25 | $1,500 | $750 | 200DB | 7.000000000000 | $0 | $0 |
| FURNITURE | 2010-04-06 | $4,386 | $2,095 | 200DB | 7.000000000000 | $98 | $0 |
| FURNITURE | 2010-06-15 | $655 | $312 | 200DB | 7.000000000000 | $15 | $0 |
| FURNITURE | 2010-06-15 | $3,289 | $1,571 | 200DB | 7.000000000000 | $73 | $0 |
| FILING CABINET | 2010-06-10 | $2,656 | $1,269 | 200DB | 7.000000000000 | $59 | $0 |
| COMPUTER | 2010-07-07 | $2,203 | $1,101 | 200DB | 5.000000000000 | $0 | $0 |
| SIGN | 2010-07-16 | $847 | $404 | 200DB | 7.000000000000 | $19 | $0 |
Expenditure Responsibility Stmt ExpenditureResponsibilityStmt
Expenditure Responsibility ExpenditureResponsibilityGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | GrantGrantDt | GrantGrantAmt | Purpose Of GrantPurposeOfGrantTxt | Expended By GranteeExpendedByGranteeAmt | Any Diversion By GranteeAnyDiversionByGranteeTxt | Dates Of Reports By GranteeDatesOfReportsByGranteeTxt | VerificationVerificationDt | Results Of VerificationResultsOfVerificationTxt |
|---|---|---|---|---|---|---|---|---|---|---|---|
| PLANK FOUNDATION FOR ENTREPRENEURSHIP INC | |||||||||||
| PO BOX 907 | BROOKLANDVILLE | MD | 21022 | 2017-02-24 | $400,000 | TO SUPPORT CUPID'S CUP ENTREPRENEURSHIP COMPETITION - PROMOTING COLLEGESTUDENT ENTREPRENEURSHIP THROUGH A NATIONWIDE COMPETITION. EVENTS HELD AREVALIDATION DAY (SEMI-FINALS) IN BALTIMORE, MARYLAND AND FINAL COMPETITIONIN CHICAGO, ILLINOIS. | $360,000 | NO | 06/30/2017 AND 12/31/2017 | 2017-06-30 | NO ERRORS FOUND |
| PLANK FOUNDATION FOR ENTREPRENEURSHIP INC | |||||||||||
| PO BOX 907 | BROOKLANDVILLE | MD | 21022 | 2017-05-18 | $100,000 | TO SUPPORT CUPID'S CUP ENTREPRENEURSHIP COMPETITION - PROMOTING COLLEGESTUDENT ENTREPRENEURSHIP THROUGH A NATIONWIDE COMPETITION. EVENTS HELD AREVALIDATION DAY (SEMI-FINALS) IN BALTIMORE, MARYLAND AND FINAL COMPETITIONIN CHICAGO, ILLINOIS. | $40,000 | NO | 06/30/2017 AND 12/31/2017 | 2017-06-30 | NO ERRORS FOUND |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (6 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| GS PRIMARY HEDGE FUNDS - PRIMARY ACCOUNT | AT COST | $211,329 | $945 |
| GOLDMAN SACHS - FIXED INCOME | AT COST | $12,447,115 | $12,244,291 |
| GOLDMAN SACHS - DOMESTIC EQUITIES | AT COST | $2,389,419 | $2,671,297 |
| GOLDMAN SACHS - INTERNATIONAL EQUITIES | AT COST | $1,108,809 | $1,427,743 |
| GOLDMAN SACHS - TACTICAL EXPOSURES | AT COST | $1,381,959 | $1,349,276 |
| GOLDMAN SACHS - UNDER ARMOUR | AT COST | $2,286,500 | $670,715 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (7 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt |
|---|---|---|---|
| FIRE SAFE CABINET | $1,500 | $1,500 | $0 |
| FURNITURE | $4,386 | $4,386 | $0 |
| FURNITURE | $655 | $655 | $0 |
| FURNITURE | $3,289 | $3,289 | $0 |
| FILING CABINET | $2,656 | $2,656 | $0 |
| COMPUTER | $2,203 | $2,203 | $0 |
| SIGN | $847 | $847 | $0 |
Liquidation Explanation Stmt LiquidationExplanationStmt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | THE FOUNDATION HAS NOT ADOPTED A PLAN OF LIQUIDATION, TERMINATION, OR DISSOLUTION. THE FOUNDATION HAD MULTI-YEAR PLEDGES MADE IN PRIOR YEARS TO FULFILL DURING 2017 AND AS A RESULT THE FOUNDATION'S ASSETS DECREASED SUBSTANTIALLY. ADDITIONAL CONTRIBUTIONS ARE PLANNED IN 2018 TO INCREASE THE FOUNDATION'S ASSETS. | ExplanationTxt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (3 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| INVESTMENT PROPERTY- 6315 33RD STREET NW | $1,363,650 | $1,363,650 | $1,439,050 |
| DEFERRED ASSET - DISALLOWED LOSS | $18,109 | $6,043 | $6,043 |
| OTHER CURRENT ASSETS | $1,377 | $10,346 | $10,346 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| PAYROLL SERVICE FEES | $998 | $200 | $0 |
| INSURANCE | $6,736 | $0 | $0 |
| ADMINISTRATIVE EXPENSES | $1,921 | $0 | $0 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DUE TO KDP INVESTMENTS, LLC | Desc |
| BOY Book Value | $9,149 | BOYBookValueAmt |
| EOY Book Value | $9,150 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| INVESTMENT MANAGEMENT FEES | $25,383 | $25,383 | $0 |
| OTHER PROFESSIONAL FEES | $587 | $0 | $0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| PAYROLL TAXES | $4,575 | $457 | $0 |
| FOREIGN TAXES PAID | $2,673 | $2,673 | $0 |
| REAL ESTATE TAXES | $12,337 | $0 | $0 |