THE FALCK FOUNDATION INC: Form 990PF, tax year 2023

View the entire original 990 at ProPublica ↗

Organization: THE FALCK FOUNDATION INC (EIN 59-3098588)
Tax period: 2023-01-01 to 2023-12-31
Filed: 2024-03-03
IRS object ID: 202430639349100403
Schema version: 2023v4.0
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
Accounting Fees Schedule
Gain Loss Sale Other Assets Sch
Investments Other Schedule2
Other Expenses Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2024-03-03T16:14:33-05:00	ReturnTs
Tax Period End	2023-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	592110180	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	HILLEGASS CHEPENIK & HOOD CPAS	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	427 3RD STREET NORTH	AddressLine1Txt
City	JACKSONVILLE BEACH	CityNm
State Abbreviation	FL	StateAbbreviationCd
ZIP	322507028	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	593098588	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	THE FALCK FOUNDATION INC	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	FALC	BusinessNameControlTxt
Phone	9042002154	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	5224 W STATE ROAD 46 416	AddressLine1Txt
City	SANFORD	CityNm
State Abbreviation	FL	StateAbbreviationCd
ZIP	32771	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	REBECCA F WININGER	PersonNm
Person Title	TRUSTEE	PersonTitleTxt
Signature	2024-02-20	SignatureDt

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	REBECCA F	PersonFirstNm
Person Last	WININGER	PersonLastNm

Field	Value	IRS element (for citing)
SSN	XXX-XX-XXXX	SSN

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	false	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	TERRY J HOOD	PreparerPersonNm
PTIN	P01200953	PTIN
Phone	9042002154	PhoneNum
Preparation	2024-03-03	PreparationDt

Field	Value	IRS element (for citing)
Tax	2023	TaxYr
Build TS	2023-04-26 12:10:37Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$1,678,566	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	$682	InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm	$682	InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss	$46,529	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$26,529	DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss	$3,773	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$118,024	GrossSalesPriceAmt
Total Rev And Expnss	$50,984	TotalRevAndExpnssAmt
Total Net Invst Incm	$27,211	TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss	$1,250	AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm	$1,250	AccountingFeesNetInvstIncmAmt
Other Expenses Rev And Expnss	$15,421	OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm	$15,421	OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss	$16,671	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$16,671	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$0	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$86,000	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$86,000	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$102,671	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$16,671	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$86,000	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	-$51,687	ExcessRevenueOverExpensesAmt
Net Investment Income	$10,540	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Sav And Temp Cash Invst BOY	$43,800	SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY	$34,456	SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV	$34,456	SavAndTempCashInvstEOYFMVAmt
Other Investments BOY	$1,460,855	OtherInvestmentsBOYAmt
Other Investments EOY	$1,418,512	OtherInvestmentsEOYAmt
Other Investments EOYFMV	$1,644,110	OtherInvestmentsEOYFMVAmt
Total Assets BOY	$1,504,655	TotalAssetsBOYAmt
Total Assets EOY	$1,452,968	TotalAssetsEOYAmt
Total Assets EOYFMV	$1,678,566	TotalAssetsEOYFMVAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117	Yes (X)	OrgDoesNotFollowFASB117Ind
Retained Earning BOY	$1,504,655	RetainedEarningBOYAmt
Retained Earning EOY	$1,452,968	RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY	$1,504,655	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$1,452,968	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$1,504,655	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$1,452,968	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$1,504,655	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	-$51,687	ExcessRevenueOverExpensesAmt
Subtotal	$1,452,968	SubtotalAmt
Tot Net Ast Or Fund Balances EOY	$1,452,968	TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$147	InvestmentIncomeExciseTaxAmt
Subtotal	$147	SubtotalAmt
Tax Based On Investment Income	$147	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$1,284	EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits	$1,284	TotalPaymentsAndCreditsAmt
Overpayment	$1,137	OverpaymentAmt
Applied To ES Tax	$1,137	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
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	false	PrivateOperatingFoundationInd
New Substantial Contributors	false	NewSubstantialContributorsInd
Own Controlled Entity	false	OwnControlledEntityInd
Donor Advised Fund	false	DonorAdvisedFundInd
Comply With Public Insp Rqr	Yes (true)	ComplyWithPublicInspRqrInd
Website Address	N/A	WebsiteAddressTxt
Individual With Books	TERRY J HOOD	IndividualWithBooksNm
Phone	9042002154	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	5224 W STATE ROAD 46 416	AddressLine1Txt
City	SANFORD	CityNm
State Abbreviation	FL	StateAbbreviationCd
ZIP	32771	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
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 (2 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
REBECCA F WININGER
5574 RAMBLEWOOD COURT	COLUMBUS	OH	43235	TRUSTEE	0.00	$0	$0	$0
DAVID A WININGER
5574 RAMBLEWOOD COURT	COLUMBUS	OH	43235	TRUSTEE	0.00	$0	$0	$0

Field	Value	IRS element (for citing)
Comp Of Hghst Pd Empl Or NONE	NONE	CompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONE	NONE	CompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Field	Value	IRS element (for citing)
Description1	N/A	Description1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$1,611,081	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$36,782	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$1,647,863	TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast	$1,647,863	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$24,718	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$1,623,145	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$81,157	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$81,157	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$147	TaxBasedOnInvestmentIncomeAmt
Total Tax	$147	TotalTaxAmt
Distributable Before Adj	$81,010	DistributableBeforeAdjAmt
Distributable Before Ded	$81,010	DistributableBeforeDedAmt
Distributable As Adjusted	$81,010	DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$86,000	ExpensesAndContributionsAmt
Qualifying Distributions	$86,000	QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$81,010	DistributableAsAdjustedAmt
Undistributed Income PY	$84,147	UndistributedIncomePYAmt
Qualifying Distributions	$86,000	QualifyingDistributionsAmt
Applied To Year1	$84,147	AppliedToYear1Amt
Applied To Current Year	$1,853	AppliedToCurrentYearAmt
Undistributed Income CY	$79,157	UndistributedIncomeCYAmt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (2 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	Address Line2RecipientUSAddress/AddressLine2Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient RelationshipRecipientRelationshipTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
FL SCHOOL-DEAF & BLIND
207 SAN MARCO AVE	207 SAN MARCO AVE	ST AUGUSTINE	FL	32084	NONE	DONATION	$43,000
SPINAL CORD SOCIETY
19051 COUNTY HIGHWAY	19051 COUNTY HIGHWAY	FERGUS FALLS	MN	56537	NONE	DONATION	$43,000

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$86,000	TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Field	Value	IRS element (for citing)
Related Or Exempt Function Incm	$682	RelatedOrExemptFunctionIncmAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

Field	Value	IRS element (for citing)
Related Or Exempt Function Incm	$46,529	RelatedOrExemptFunctionIncmAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Related Or Exempt Function Incm	$3,773	RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Related Or Exempt Function Incm	$50,984	RelatedOrExemptFunctionIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$50,984	TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO	false	TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO	false	TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets	false	SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO	false	PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets	false	RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements	false	ReimbursementArrangementsInd
Loans Or Loan Guarantees	false	LoansOrLoanGuaranteesInd
Performance Of Services Etc	false	PerformanceOfServicesEtcInd
Sharing Of Facilities Etc	false	SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO	false	RelationshipsNonchrtblEOInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Field	Value	IRS element (for citing)
Category	INDIRECT ACCOUNTING FEES	CategoryTxt
Amt	$1,250	Amt
Net Investment Income	$1,250	NetInvestmentIncomeAmt

Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch

Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (3 entries)

AssetAssetDesc	AcquiredAcquiredDt	How AcquiredHowAcquiredTxt	SoldSoldDt	Gross Sales PriceGrossSalesPriceAmt	BasisBasisAmt	Total NetTotalNetAmt
COVERED SALES-WELLS FARGO	2022-10	PURCHASE	2023-12	$37,908	$38,575	-$667
COVERED SALES-WELLS FARGO	2022-10	PURCHASE	2023-12	$80,116	$71,398	$8,718
OTHER	2023-12	PURCHASE	2023-12		$4,278	-$4,278

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

Field	Value	IRS element (for citing)
Category Or Item	MUTUAL FUNDS	CategoryOrItemTxt
Listed At Cost Or FMV	AT COST	ListedAtCostOrFMVCd
Book Value	$1,418,512	BookValueAmt
EOYFMV	$1,644,110	EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt
EXPENSES
BROKERAGE FEES	$15,415	$15,415
FOREIGN TAXES PAID	$6	$6

THE FALCK FOUNDATION INC: Form 990PF, tax year 2023

Return header ReturnHeader

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

Preparer US Address PreparerUSAddress

Filer Filer

Business Name BusinessName

US Address USAddress

Business Officer BusinessOfficerGrp

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Preparer Person PreparerPersonGrp

Form 990-PF IRS990PF

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Statements Regarding Acty StatementsRegardingActyGrp

Location Of Books US Address LocationOfBooksUSAddress

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Minimum Investment Return MinimumInvestmentReturnGrp

Distributable Amount DistributableAmountGrp

PF Qualifying Distributions PFQualifyingDistributionsGrp

Undistributed Income UndistributedIncomeGrp

Supplementary Information SupplementaryInformationGrp

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (2 entries)

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch

Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (3 entries)

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)

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