RISING PHOENIX CHARITABLE FOUNDATION: Form 990PF, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
RISING PHOENIX CHARITABLE FOUNDATION (EIN 86-3435514)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-03-26
IRS object ID
202410869349100206
Schema version
2023v5.0
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 ReturnHeader

FieldValueIRS element (for citing)
Return2024-03-26T06:49:00-07:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN454046657PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1BIRKHILL ASSOCIATES LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 1850AddressLine1Txt
CityMIDDLEBURGCityNm
State AbbreviationVAStateAbbreviationCd
ZIP20118ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN863435514EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Rising Phoenix Charitable FoundationBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlRISIBusinessNameControlTxt
Phone2122072100PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1c/o Corient 845 3rd Ave Fl 8AddressLine1Txt
CityNew YorkCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10022ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJohn C O BryantPersonNm
Person TitlePresidentPersonTitleTxt
Signature2024-03-26SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstJohn C OPersonFirstNm
Person LastBryantPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonRobert N WilesPreparerPersonNm
PTINP00362763PTIN
Phone5406878884PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
Federated Assurance LevelFAL1FederatedAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$11,316,897FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$147,019InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$147,019InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$139,831DividendsRevAndExpnssAmt
Dividends Net Invst Incm$139,831DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$1,185,075NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$1,229,833GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$1,185,075CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss$2,000OtherIncomeRevAndExpnssAmt
Total Rev And Expnss$1,473,925TotalRevAndExpnssAmt
Total Net Invst Incm$1,471,925TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$5,800AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$5,800AccountingFeesNetInvstIncmAmt
Other Prof Fees Rev And Expnss$80,475OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$80,475OtherProfFeesNetInvstIncmAmt
Other Expenses Rev And Expnss$304OtherExpensesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$86,579TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$86,275TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$507,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$507,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$593,579TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$86,275TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$507,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$880,346ExcessRevenueOverExpensesAmt
Net Investment Income$1,385,650NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$624,710SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$4,562,148SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$4,562,148SavAndTempCashInvstEOYFMVAmt
US Government Obligations BOY$3,811,331USGovernmentObligationsBOYAmt
US Government Obligations EOY$100,889USGovernmentObligationsEOYAmt
US Govt Obligations EOYFMV$99,487USGovtObligationsEOYFMVAmt
Corporate Stock BOY$1,165,238CorporateStockBOYAmt
Corporate Stock EOY$2,861,357CorporateStockEOYAmt
Corporate Stock EOYFMV$6,655,262CorporateStockEOYFMVAmt
Total Assets BOY$5,601,279TotalAssetsBOYAmt
Total Assets EOY$7,524,394TotalAssetsEOYAmt
Total Assets EOYFMV$11,316,897TotalAssetsEOYFMVAmt
Other Liabilities BOY$28,160OtherLiabilitiesBOYAmt
Total Liabilities BOY$28,160TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$5,573,119RetainedEarningBOYAmt
Retained Earning EOY$7,524,394RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$5,573,119TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$7,524,394TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$5,601,279TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$7,524,394TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$5,573,119TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$880,346ExcessRevenueOverExpensesAmt
Other Increases$1,070,929OtherIncreasesAmt
Subtotal$7,524,394SubtotalAmt
Tot Net Ast Or Fund Balances EOY$7,524,394TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
PropertyFiduciary Tr publicly traded securitiesPropertyDesc
How AcquiredDHowAcquiredCd
Acquired2020-01-05AcquiredDt
Sold2023-07-05SoldDt
Gross Sales Price$1,229,833GrossSalesPriceAmt
Cost Or Other Basis$44,758CostOrOtherBasisAmt
Gain Or Loss$1,185,075GainOrLossAmt
Gains Minus Excess Or Losses$1,185,075GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income$1,185,075CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$19,261InvestmentIncomeExciseTaxAmt
Subtotal$19,261SubtotalAmt
Tax Based On Investment Income$19,261TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$2,492EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$2,492TotalPaymentsAndCreditsAmt
Tax Due$16,769TaxDueAmt
Applied To ES Tax$0AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateDEOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1CorientBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2122072100PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1845 3rd Ave Fl 8AddressLine1Txt
CityNew YorkCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10022ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Acts Fail To Qlfy As ExceptionsfalseActsFailToQlfyAsExceptionsInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
John C O Bryant
PO Box 1850MiddleburgVA20118President0.05$0
Philip S Lawrence
845 3rd Ave Fl 8New YorkNY10022Secretary0.08$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt

Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CorientBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1845 Third AveAddressLine1Txt
CityNew YorkCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10022ZIPCd
FieldValueIRS element (for citing)
Service TypeAsset ManagementServiceTypeTxt
Compensation$73,809CompensationAmt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$6,364,328AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$4,642,610AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$11,006,938TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$11,006,938AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$165,104CashDeemedCharitableAmt
Net Vl Noncharitable Assets$10,841,834NetVlNoncharitableAssetsAmt
Minimum Investment Return$542,092MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$542,092MinimumInvestmentReturnAmt
Tax Based On Investment Income$19,261TaxBasedOnInvestmentIncomeAmt
Total Tax$19,261TotalTaxAmt
Distributable Before Adj$522,831DistributableBeforeAdjAmt
Recoveries Qualfied Distri$2,000RecoveriesQualfiedDistriAmt
Distributable Before Ded$524,831DistributableBeforeDedAmt
Distributable As Adjusted$524,831DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$507,000ExpensesAndContributionsAmt
Qualifying Distributions$507,000QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$524,831DistributableAsAdjustedAmt
Undistributed Income PY$234,112UndistributedIncomePYAmt
Excess Distribution Cyov Yr1$14,359ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$14,359TotalExcessDistributionCyovAmt
Qualifying Distributions$507,000QualifyingDistributionsAmt
Applied To Year1$234,112AppliedToYear1Amt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$272,888AppliedToCurrentYearAmt
Excess Distri Cyov App CY Corpus$14,359ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$14,359ExcessDistributionCyovAppCYAmt
Undistributed Income CY$237,584UndistributedIncomeCYAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

FieldValueIRS element (for citing)
Recipient PersonSchedule AttachedRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1VariousAddressLine1Txt
CityVariousCityNm
State AbbreviationVAStateAbbreviationCd
ZIP20117ZIPCd
FieldValueIRS element (for citing)
Recipient RelationshipNoneRecipientRelationshipTxt
Recipient Foundation StatusPCRecipientFoundationStatusTxt
Grant Or Contribution PurposeCharitable DonationGrantOrContributionPurposeTxt
Amt$507,000Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$507,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$147,019ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$139,831ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$1,185,075ExclusionAmt

Other Revenue Described OtherRevenueDescribedGrp

FieldValueIRS element (for citing)
DescReturned DonationDesc
Related Or Exempt Function Incm$2,000RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$1,471,925ExclusionAmt
Related Or Exempt Function Incm$2,000RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$1,473,925TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryAccounting FeesCategoryTxt
Amt$5,800Amt
Net Investment Income$5,800NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp

FieldValueIRS element (for citing)
DescRepresentation FeesDesc
Revenue And Expenses Per Books$304RevenueAndExpensesPerBooksAmt

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

FieldValueIRS element (for citing)
DescReturned DonationDesc
Revenue And Expenses Per Books$2,000RevenueAndExpensesPerBooksAmt

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

FieldValueIRS element (for citing)
DescCash and Securities Received from BC FoundationDesc
Amt$1,070,929Amt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
Asset Management Fees$73,809$73,809$0$0
Custody fees$6,666$6,666$0$0

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