DREXEL FUNDS: Form 990PF, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- DREXEL FUNDS (EIN 46-5768451)
- Tax period
- 2022-07-01 to 2023-06-30
- Filed
- 2024-05-09
- IRS object ID
- 202421309349101717
- Schema version
- 2022v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Schedule B
- Accounting Fees Schedule
- Investments Govt Obligations Sch
- Legal Fees Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-05-09T10:09:55-05:00 | ReturnTs |
| Tax Period End | 2023-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 390919055 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RITZ HOLMAN LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 330 E KILBOURN AVE SUITE 550 | AddressLine1Txt |
| City | MILWAUKEE | CityNm |
| State Abbreviation | WI | StateAbbreviationCd |
| ZIP | 53202 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2022-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 465768451 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE DREXEL FUND | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | DREX | BusinessNameControlTxt |
| Phone | 6177788118 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 212 BROADWAY EAST 22777 | AddressLine1Txt |
| City | SEATTLE | CityNm |
| State Abbreviation | WA | StateAbbreviationCd |
| ZIP | 98102 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JOHN ERIKSEN | PersonNm |
| Person Title | MANAGING PARTNER | PersonTitleTxt |
| Phone | 6177788118 | PhoneNum |
| Signature | 2024-05-09 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | JOHN | PersonFirstNm |
| Person Last | ERIKSEN | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | RENEE MESSING | PreparerPersonNm |
| PTIN | P01872384 | PTIN |
| Phone | 4142711451 | PhoneNum |
| Preparation | 2024-05-08 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | 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 | $16,789,048 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $2,293,298 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $85,204 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $85,204 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $730 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $730 | DividendsNetInvstIncmAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $18,500 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $0 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $2,397,732 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $85,934 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $267,750 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $267,750 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $439,327 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $0 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $439,327 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $226,240 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $0 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $235,172 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $40,000 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $5,000 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $53,253 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $43,653 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $141,451 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $0 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $127,275 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Dsbrs Chrtbl | $5,000 | TaxesDsbrsChrtblAmt |
| Occupancy Rev And Expnss | $9,515 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $0 | OccupancyNetInvstIncmAmt |
| Occupancy Dsbrs Chrtbl | $8,215 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $171,036 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $174,489 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $214,078 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $213,865 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $1,562,650 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $0 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $1,519,746 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $4,069,792 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $3,743,738 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $5,632,442 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $0 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $5,263,484 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$3,234,710 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $85,934 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $179,817 | CashBOYAmt |
| Cash EOY | $664,654 | CashEOYAmt |
| Cash EOYFMV | $664,654 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $2,876,857 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $1,341,210 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $1,341,210 | SavAndTempCashInvstEOYFMVAmt |
| Pledges Rcvbl | $10,071,538 | PledgesRcvblAmt |
| Pledges Rcvbl BOY | $13,935,539 | PledgesRcvblBOYAmt |
| Pledges Rcvbl EOY | $10,071,538 | PledgesRcvblEOYAmt |
| Pledges Rcvbl EOYFMV | $10,071,538 | PledgesRcvblEOYFMVAmt |
| Prepaid Expenses BOY | $3,500 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $11,734 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $11,734 | PrepaidExpensesEOYFMVAmt |
| US Government Obligations BOY | $1,248,988 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $4,699,912 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $4,699,912 | USGovtObligationsEOYFMVAmt |
| Other Investments BOY | $199,993 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $0 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $0 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $18,444,694 | TotalAssetsBOYAmt |
| Total Assets EOY | $16,789,048 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $16,789,048 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $41,620 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $95,658 | AccountsPayableEOYAmt |
| Grants Payable BOY | $733,192 | GrantsPayableBOYAmt |
| Grants Payable EOY | $1,238,255 | GrantsPayableEOYAmt |
| Other Liabilities BOY | $0 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $1,000,000 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $774,812 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $2,333,913 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $2,329,715 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $1,803,546 | NoDonorRstrNetAssestsEOYAmt |
| Donor Rstr Net Assets BOY | $15,340,167 | DonorRstrNetAssetsBOYAmt |
| Donor Rstr Net Assets EOY | $12,651,589 | DonorRstrNetAssetsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $17,669,882 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $14,455,135 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $18,444,694 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $16,789,048 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $17,669,882 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$3,234,710 | ExcessRevenueOverExpensesAmt |
| Other Increases | $19,963 | OtherIncreasesAmt |
| Subtotal | $14,455,135 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $14,455,135 | TotNetAstOrFundBalancesEOYAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $1,194 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $1,194 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $1,194 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $1,205 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $1,205 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $11 | OverpaymentAmt |
| Applied To ES Tax | $0 | AppliedToESTaxAmt |
| Refund | $11 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | 0 | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | CA | 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 | WWW.DREXELFUND.ORG | WebsiteAddressTxt |
| Individual With Books | JOHN ERIKSEN | IndividualWithBooksNm |
| Phone | 6177788118 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 212 BROADWAY EAST 22777 | AddressLine1Txt |
| City | SEATTLE | CityNm |
| State Abbreviation | WA | StateAbbreviationCd |
| ZIP | 98102 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (1) | 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 | Yes (1) | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | Yes (1) | TransactionsFailToQlfyAsExcInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (9 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 |
|---|---|---|---|---|---|---|---|---|
| BJ CASSIN | ||||||||
| 212 BROADWAY EAST 22777 | SEATTLE | WA | 98102 | CHAIRMAN | 2.00 | $0 | $0 | $0 |
| THOMAS J HEALEY | ||||||||
| 212 BROADWAY EAST 22777 | SEATTLE | WA | 98102 | TREASURER | 2.00 | $0 | $0 | $0 |
| NICK HOWLEY | ||||||||
| 212 BROADWAY EAST 22777 | SEATTLE | WA | 98102 | TRUSTEE | 2.00 | $0 | $0 | $0 |
| DARREN JACKSON | ||||||||
| 212 BROADWAY EAST 22777 | SEATTLE | WA | 98102 | SECRETARY | 2.00 | $0 | $0 | $0 |
| DARLA ROMFO | ||||||||
| 212 BROADWAY EAST 22777 | SEATTLE | WA | 98102 | TRUSTEE | 2.00 | $0 | $0 | $0 |
| CHRISTOPHER WILSON | ||||||||
| 212 BROADWAY EAST 22777 | SEATTLE | WA | 98102 | TRUSTEE | 2.00 | $0 | $0 | $0 |
| MICHAEL MESSNER | ||||||||
| 212 BROADWAY EAST 22777 | SEATTLE | WA | 98102 | TRUSTEE | 2.00 | $0 | $0 | $0 |
| ABIGAIL SCHUMWINGER | ||||||||
| 212 BROADWAY EAST 22777 | SEATTLE | WA | 98102 | TRUSTEE | 2.00 | $0 | $0 | $0 |
| JOHN ERIKSEN | ||||||||
| 212 BROADWAY EAST 22777 | SEATTLE | WA | 98102 | MANAGING PARTNER | 40.00 | $267,750 | $26,775 | $0 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee BenefitsEmployeeBenefitsAmt | Expense AccountExpenseAccountAmt |
|---|---|---|---|---|---|---|---|---|
| MARK GLEASON | ||||||||
| 212 BROADWAY EAST 22777 | SEATTLE | WA | 98102 | PARTNER | 40.00 | $171,265 | $0 | $0 |
| ERIC OGLESBEE | ||||||||
| 212 BROADWAY EAST 22777 | SEATTLE | WA | 98102 | FOUNDERS PROGRAM DIR | 40.00 | $115,500 | $0 | $0 |
| AARUSHI PRABHAKAR | ||||||||
| 212 BROADWAY EAST 22777 | SEATTLE | WA | 98102 | INVESTMENT DIRECTOR | 40.00 | $97,062 | $0 | $0 |
| HEATHER BOKON | ||||||||
| 212 BROADWAY EAST 22777 | SEATTLE | WA | 98102 | DIRECTOR OF OPERATIO | 40.00 | $55,500 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DAVIDSON HILL CONSULTING | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2182 SPICER COVE | AddressLine1Txt |
| City | MEMPHIS | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 38134 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | CONSULTING | ServiceTypeTxt |
| Compensation | $62,400 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 | $2,874,767 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $2,961,750 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $5,836,517 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $5,836,517 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $87,548 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $5,748,969 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $287,448 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $287,448 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $1,194 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $1,194 | TotalTaxAmt |
| Distributable Before Adj | $286,254 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $286,254 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $286,254 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $5,263,484 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $5,263,484 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $286,254 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr1 | $3,449,045 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $3,449,045 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $5,263,484 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $286,254 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $4,977,230 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $8,426,275 | 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 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $8,426,275 | ExcessDistriCyovToNextYrAmt |
| Excess From Year1 | $3,449,045 | ExcessFromYear1Amt |
| Excess From Current Year | $4,977,230 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (40 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Recipient RelationshipRecipientRelationshipTxt |
|---|---|---|---|---|---|---|---|
| ABA HEALING ACADEMY | |||||||
| 4650 GENERAL DE GAULLE DR | NEW ORLEANS | LA | 70131 | PC | NETWORK GRANTS | $115,000 | |
| AUTISM INSPIRED ACADEMY | |||||||
| 2177 NE COACHMAN ROAD | CLEARWATER | FL | 33765 | PC | OTHER SCHOOL SUPPORT | $25,000 | |
| AZALEA MONTESSORI SCHOOL | |||||||
| 4502 CARTER AVE | NORWOOD | OH | 45212 | PC | NETWORK GRANTS | $10,000 | |
| BADER HILLEL HIGH SCHOOL | |||||||
| 2315 GOOD HOPE RD | GLENDALE | WI | 53209 | PC | OTHER SCHOOL SUPPORT | $65,000 | |
| BLAZING STARS MONTESSORI SCHOOL | |||||||
| 12212 FORT KING RD | DADE CITY | FL | 33525 | PC | NETWORK GRANTS | $52,000 | |
| CHRISTIAN SCHOOL SYSTEM DBA INDY WEST CHRISTIAN | |||||||
| 8610 W 10TH ST | INDIANAPOLIS | IN | 46234 | PC | NETWORK GRANTS | $150,000 | |
| CRISTO REY MIAMI HIGH SCHOOL | |||||||
| 125 NE 119TH ST | NORTH MIAMI | FL | 33161 | PC | OTHER SCHOOL SUPPORT | $88,000 | |
| CRISTO REY MILWAUKEE | |||||||
| 1818 W NATIONAL AVE | MILWAUKEE | WI | 53204 | PC | NETWORK GRANTS | $7,017 | |
| CRISTO REY NETWORK - ORLANDO | |||||||
| 11 E ADAMS ST STE 800 | CHICAGO | IL | 60603 | PC | PLANNING GRANTS | $25,000 | |
| CRISTO REY NETWORK ATLANTA JESUIT HIGH SCHOOL | |||||||
| 222 PIEDMONT AVE NE | ATLANTA | GA | 30308 | PC | NETWORK GRANTS | $150,000 | |
| CRISTO REY PHILADELPHIA HIGH SCHOOL | |||||||
| 1717 W ALLEGHENY AVE | PHILADELPHIA | PA | 19132 | PC | START-UP GRANTS | $20,000 | |
| CRISTO REY RESEARCH TRIANGLE HS NC | |||||||
| 334 BLACKWELL ST STE 100 | DURHAM | NC | 27701 | PC | NETWORK GRANTS | $150,000 | |
| DESERT PEACH MONTESSORI SCHOOL | |||||||
| 101 FANTASTIC DR | RENO | NV | 89512 | PC | NETWORK GRANTS | $32,500 | |
| ECCLESIAL SCHOOLS INITIATIVE | |||||||
| 3348 W STATE RD 426 | OVIEDO | FL | 32765 | PC | OTHER SCHOOL SUPPORT | $50,000 | |
| ECCLESIAL SCHOOLS INITIATIVE | |||||||
| 3348 W STATE RD 426 | OVIEDO | FL | 32765 | PC | NETWORK GRANTS | $40,000 | |
| GREAT HEARTS FOUNDATION | |||||||
| 4801 E WASHINGTON STREET SUITE 250 | PHOENIX | AZ | 85018 | PC | NETWORK GRANTS | $150,000 | |
| HOPE YOUTH RANCH | |||||||
| 17933 EAST RD | HUDSON | FL | 34667 | PC | NETWORK GRANTS | $60,000 | |
| HYACINTH MONTESSORI SCHOOL | |||||||
| 5050 BALTIMORE AVE 13 | PHILADELPHIA | PA | 19143 | PC | NETWORK GRANTS | $25,000 | |
| ICON PREPARATORY SCHOOL | |||||||
| 1906 N ROME AVE | TAMPA | FL | 33607 | PC | NETWORK GRANTS | $125,000 | |
| ICON PREPARATORY SCHOOL CLEVELAND | |||||||
| 1520B PURITAS AVE | CLEVELAND | OH | 44135 | PC | NETWORK GRANTS | $150,000 | |
| JULIE BILLIART | |||||||
| 4982 CLUBSIDE RD | LYNDHURST | OH | 44124 | PC | NETWORK GRANTS | $250,000 | |
| JUPITER CHRISTIAN SCHOOL | |||||||
| 2823 N AUSTRALIAN AVE | WEST PALM BEACH | FL | 33407 | PC | NETWORK GRANTS | $23,000 | |
| KENOSHA CHRISTIAN ACADEMY | |||||||
| 6410 25TH AVENUE | KENOSHA | WI | 53143 | PC | NETWORK GRANTS | $25,000 | |
| KING'S ACADEMY (TUSCULUM HILLS BAPTIST CHURCH) | |||||||
| 4930 NOLENSVILLE RD | NASHVILLE | TN | 37221 | PC | START-UP GRANTS | $275,000 | |
| LIBERTY ACADEMY | |||||||
| 1511 22ND ST | COLUMBUS | IN | 47201 | PC | LEARNING PLAN EXPENSES | $75,000 | |
| LINK SCHOOL BATON ROUGE | |||||||
| 10230 MOLLYLEA DR | BATON ROUGE | LA | 70815 | I | LEARNING PLAN EXPENSES | $68,200 | NONE |
| NOTRE DAME SCHOOL OF MILWAUKEE | |||||||
| 1425 S 26TH ST | MILWAUKEE | WI | 53204 | PC | NETWORK GRANTS | $25,000 | |
| PARTNERSHIP SCHOOLS | |||||||
| 1011 FIRST AVE STE 1800 | NEW YORK | NY | 10022 | PC | OTHER SCHOOL SUPPORT | $185,000 | |
| SAILFUTURE ACADEMY | |||||||
| 2900 68TH AVE S | ST PETERSBURG | FL | 33712 | PC | START-UP GRANTS | $87,500 | |
| SETON EDUCATION PARTNERS | |||||||
| 1562 FIRST AVE NO 205-2219 | NEW YORK | NY | 10028 | PC | OTHER SCHOOL SUPPORT | $50,000 | |
| SETON EDUCATION PARTNERS (ROMERO ACADEMY AT ANNUNCIATION) | |||||||
| 3545 CLIFTON AVE | CINCINNATI | OH | 45220 | PC | NETWORK GRANTS | $50,000 | |
| SHEPHERD'S WATCH CHRISTIAN ACADEMY | |||||||
| 507 STONE AVE | MATTOON | WI | 54450 | PC | NETWORK GRANTS | $35,000 | |
| STARS AUTISM SCHOOLS FOUNDATION | |||||||
| 10870 SW 113 PL 2ND FL | MIAMI | FL | 33176 | PC | OTHER SCHOOL SUPPORT | $60,000 | |
| THE BASILICA SCHOOL OF ST MARY'S STAR OF THE SEA | |||||||
| 700 TRUMAN AVE | KEY WEST | FL | 33040 | PC | START-UP GRANTS | $125,000 | |
| THE BASILICA SCHOOL OF ST MARY'S STAR OF THE SEA | |||||||
| 700 TRUMAN AVE | KEY WEST | FL | 33040 | PC | NETWORK GRANTS | $1,000,000 | |
| THE JULIE BILLIART SCHOOL | |||||||
| 4982 CLUBSIDE RD | LYNDHURST | OH | 44124 | PC | PLANNING GRANTS | $9,575 | |
| THE JULIE BILLIART SCHOOL | |||||||
| 4982 CLUBSIDE RD | LYNDHURST | OH | 44124 | PC | NETWORK GRANTS | $50,000 | |
| THE WAY ACADEMY | |||||||
| 105 EAST BAKER ST | MINNEOLA | FL | 34715 | PC | FOUNDERS STIPEND | $80,000 | |
| COOLANU INC DBA TORAH 4 EVERYONE | |||||||
| 875 NE 178 ST | N MIAMI BEACH | FL | 33162 | PC | FOUNDERS PROGRAM EXPENSES | $85,000 | |
| WESTSIDE CHRISTIAN SCHOOL | |||||||
| 2435 EAKIN RD | COLUMBUS | OH | 43204 | PC | START-UP GRANTS | $22,000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $4,069,792 | 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 | $85,204 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $730 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (2 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|
| OTHER REVENUE | 14 | |
| ADVISORY SERVICES | 01 | $18,500 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $104,434 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $104,434 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (12 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd |
|---|---|---|---|---|---|---|
| ACORN HILL FOUNDATION | ||||||
| 1 | 55 WALLS DRIVE 3RD FLOOR | FAIRFIELD | CT | 04524 | $15,000 | Yes (X) |
| DARREN & TERRY JACKSON FOUNDATION | ||||||
| 2 | 290 WOODLAWN AVENUE | SAINT PAUL | MN | 55105 | $25,000 | Yes (X) |
| THE HOWLEY FOUNDATION | ||||||
| 3 | 600 SUPERIOR AVENUE SUITE 1701 | CLEVELAND | OH | 44114 | $1,000,000 | Yes (X) |
| HEALEY FAMILY FOUNDATION | ||||||
| 4 | 310 SOUTH ST 3RD FL | MORRISTOWN | NJ | 07960 | $5,000 | Yes (X) |
| BETH AND RAVENEL CURRY FOUNDATION | ||||||
| 5 | 499 PARK AVE FL 17 | NEW YORK | NY | 10022 | $250,000 | Yes (X) |
| THE MCCAUSLAND FOUNDATION | ||||||
| 6 | PO BOX 274 | LAFAYETTE HILL | PA | 19444 | $100,000 | Yes (X) |
| WILSON SHEEHAN FOUNDATION | ||||||
| 7 | 1115 N LIMESTONE ST | SPRINGFIELD | OH | 45503 | $250,000 | Yes (X) |
| JOAN M WISMER FOUNDATION | ||||||
| 8 | 44604 WELLSBORO DRIVE | ASHBURN | VA | 201472535 | $200,000 | Yes (X) |
| MIKE GIFFHORN | ||||||
| 9 | 20235 RUSTIC RIDGE CT | NEW BERLIN | WI | 53146 | $9,279 | Yes (X) |
| HILDA & PRESTON DAVIS FOUNDATION | ||||||
| 10 | 44604 WELLSBORO DRIVE | ASHBURN | VA | 20147 | $300,000 | Yes (X) |
| MIKE MESSNER | ||||||
| 11 | 212 BROADWAY EAST 22777 | SEATTLE | WA | 98102 | $250,000 | Yes (X) |
| GORDON FAMILY FOUNDATION | ||||||
| 12 | 121 WEDGEWOOD DR | PITTSBURGH | PA | 152291038 | $25,000 | Yes (X) |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| AUDIT FEES | $9,600 | $0 | $0 |
| ACCOUNTING FEES | $43,653 | $0 | $43,653 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $4,699,912 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $4,699,912 | USGovtObligationsEOYFMVAmt |
| State Local Sec Book Vl EOY | $0 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $0 | StateLocalSecEOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $40,000 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $5,000 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| OFFICE EXPENSES | $17,147 | $0 | $17,147 |
| INFORMATION TECHNOLOGY | $6,282 | $0 | $6,282 |
| INSURANCE | $6,529 | $0 | $6,529 |
| OTHER EXPENSES | $2,210 | $0 | $1,997 |
| LEARNING PLAN, FOUNDERS PROGRAM AND SEED PROGRAM EXPENSES | $181,910 | $0 | $181,910 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ADVISORY SERVICES | Desc |
| Revenue And Expenses Per Books | $18,500 | RevenueAndExpensesPerBooksAmt |
| Adjusted Net Income | $18,500 | AdjustedNetIncomeAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED GAIN ON INVESTMENTS | Desc |
| Amt | $19,963 | Amt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNDISBURSED LOAN FUNDS | Desc |
| BOY Book Value | $0 | BOYBookValueAmt |
| EOY Book Value | $1,000,000 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | CONSULTING | CategoryTxt |
| Amt | $141,451 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $127,275 | DisbursementsCharitablePrpsAmt |
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