SOKOL FAMILY FOUNDATION: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- SOKOL FAMILY FOUNDATION (EIN 85-3064683)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-05-13
- IRS object ID
- 202431349349101433
- 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
- Form 990-PF
- Accounting Fees Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Liabilities Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-05-13T09:37:51-05:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 882648499 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | VERDANT ACCOUNTING | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 12110 PORT GRACE BLVD 100 | AddressLine1Txt |
| City | LA VISTA | CityNm |
| State Abbreviation | NE | StateAbbreviationCd |
| ZIP | 68128 | 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 | 853064683 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SOKOL FAMILY FOUNDATION | BusinessNameLine1Txt |
| Business Name Line2 | KELLY SOKOL | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SOKO | BusinessNameControlTxt |
| Phone | 7575820264 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4701 SHORE DRIVE 103-462 | AddressLine1Txt |
| City | VIRGINIA BEACH | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 234552891 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | KELLY SOKOL | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 7575820264 | PhoneNum |
| Signature | 2024-05-10 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | KELLY | PersonFirstNm |
| Person Last | SOKOL | 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 | STACY KERNS CPA | PreparerPersonNm |
| PTIN | P00454583 | PTIN |
| Phone | 4023301200 | PhoneNum |
| Preparation | 2024-05-10 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| 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 | $40,547,075 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $1,902,450 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $1,902,450 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $1,902,450 | DividendsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $19,763,781 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $31,089,224 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $19,763,781 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $21,666,231 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $21,666,231 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $1,902,450 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $51,783 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $51,783 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $51,783 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $3,972 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $3,972 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Adj Net Incm | $3,972 | PensionEmplBnftAdjNetIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $0 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $623 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $623 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $623 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $0 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $2,194 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $2,194 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $2,194 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $12,557 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $81 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $81 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $771 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $771 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $771 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $71,900 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $59,424 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $59,424 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $2,046,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $2,046,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $2,117,900 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $59,424 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $59,424 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $2,046,000 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $19,548,331 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $21,606,807 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $1,843,026 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $230,978 | CashBOYAmt |
| Cash EOY | $109,214 | CashEOYAmt |
| Cash EOYFMV | $109,214 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $4,756,001 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $26,454,827 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $26,454,827 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $12,738,104 | CorporateStockBOYAmt |
| Corporate Stock EOY | $7,994,183 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $10,087,031 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $0 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $2,715,215 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $2,817,409 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $995,000 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $995,000 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $1,075,790 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $2,804 | OtherAssetsBOYAmt |
| Other Assets EOY | $2,804 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $2,804 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $18,722,887 | TotalAssetsBOYAmt |
| Total Assets EOY | $38,271,243 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $40,547,075 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $346 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $371 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $346 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $371 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $18,722,541 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $38,270,872 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $18,722,541 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $38,270,872 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $18,722,887 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $38,271,243 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $18,722,541 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $19,548,331 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $38,270,872 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $38,270,872 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (4 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|---|---|
| EXXON MOBIL | 2021-01-01 | 2023-01-09 | $8,310,917 | $2,770,823 | $5,540,094 | $5,540,094 | |
| VERIZON | 2021-09-17 | 2023-07-19 | $155,525 | $248,906 | -$93,381 | -$93,381 | |
| ATLAS CORP | 2021-01-01 | 2023-03-27 | $22,604,565 | $8,305,714 | $14,298,851 | $14,298,851 | |
| CAPITAL GAINS DIVIDENDS | $18,217 | $18,217 | $18,217 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $19,763,781 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $0 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $300,335 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $300,335 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $300,335 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $12,000 | 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 | $12,000 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Tax Due | $288,335 | TaxDueAmt |
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 | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | VA | 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 | KELLY SOKOL | IndividualWithBooksNm |
| Phone | 7575820264 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8110 OCEAN FRONT AVE | AddressLine1Txt |
| City | VIRGINIA BEACH | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 23451 | 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 | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| 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 | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| 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 (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| KELLY SOKOL | ||||||||
| 8110 OCEAN FRONT AVE | VIRGINIA BEACH | VA | 23451 | PRESIDENT/EXEC DIR | 13.00 | $51,783 | $0 | $0 |
| JOHN WEECH | ||||||||
| 8110 OCEAN FRONT AVENUE | VIRGINIA BEACH | VA | 23451 | TREASURER/SECRETARY | 3.00 | $0 | $0 | $0 |
| DAVID SOKOL | ||||||||
| 2400 DEL LAGO DRIVE | FORT LAUDERDALE | FL | 33316 | DIRECTOR | 0.00 | $0 | $0 | $0 |
| PEGGY SOKOL | ||||||||
| 2400 DEL LAGO DRIVE | FORT LAUDERDALE | FL | 33316 | DIRECTOR | 0.00 | $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 | $14,828,363 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $23,861,670 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $2,804 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $38,692,837 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $38,692,837 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $580,393 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $38,112,444 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,905,622 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,905,622 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $300,335 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $300,335 | TotalTaxAmt |
| Distributable Before Adj | $1,605,287 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $1,605,287 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $1,605,287 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $2,046,000 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $2,046,000 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,605,287 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $724,508 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $2,046,000 | QualifyingDistributionsAmt |
| Applied To Year1 | $724,508 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $1,321,492 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $283,795 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (12 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|
| FOR KIDS | |||||
| 1001 POINDEXTER ST | CHESAPEAKE | VA | 23324 | GENERAL | $316,000 |
| PARK COUNTY COMMUNITY FOUNDATION | |||||
| 104 S MAIN ST | LIVINGSTON | MT | 59047 | GENERAL | $100,000 |
| SALVATION ARMY | |||||
| 615 SLATERS LANE | ALEXANDRIA | VA | 22314 | GENERAL | $25,000 |
| HORATIO ALGER ASSOCIATION | |||||
| 99 CANAL CENTER PLAZA | ALEXANDRIA | VA | 22314 | GENERAL | $1,000,000 |
| AMERICAN HIMALAYAN FOUNDATION | |||||
| 909 MONTGOMERY STREET | SAN FRANCISCO | CA | 94133 | GENERAL | $310,000 |
| BIGFORK ART & CULTURAL CENTER | |||||
| 525 ELECTRIC AVENUE | BIGFORK | MT | 59911 | GENERAL | $2,500 |
| VIRGINIA SPORTS HALL OF FAME | |||||
| 283 CONSTITUTION DR 303 | VIRGINIA BEACH | VA | 23462 | GENERAL | $10,000 |
| CHILDREN'S HOSPITAL OF THE KING'S DAUGHTERS | |||||
| 601 CHILDRENS LN | NORFOLK | VA | 23507 | GENERAL | $10,000 |
| TIDEWATER | |||||
| 2401 AIRLINE BLVD | PORTSMOUTH | VA | 23701 | GENERAL | $50,000 |
| BIGFORK FOOD BANK | |||||
| PO BOX 850 | BIGFORK | MT | 59911 | GENERAL | $2,500 |
| SALVATION ARMY | |||||
| 10755 BURT STREET | OMAHA | NE | 68114 | GENERAL | $120,000 |
| AMERICAN HIMALAYAN FOUNDATION | |||||
| 909 MONTGOMERY STREET | SAN FRANCISCO | CA | 94133 | GENERAL | $100,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $2,046,000 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,902,450 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $19,763,781 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $21,666,231 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $21,666,231 | 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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $2,194 | Amt |
| Net Investment Income | $2,194 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $2,194 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (3 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| VALERO ENERGY CORP | $287,215 | $289,313 |
| SEASPAN CORP BLUE TRANSITION NOTE | $1,961,126 | $2,068,750 |
| ATLANTIC UN BANCSHARES NOTE | $466,874 | $459,346 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (7 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| ATLANTIC UNION BANKSHARES | $3,281,925 | $3,654,000 |
| BANK OF AMERICA | $696,235 | $639,730 |
| EXXON MOBIL | $663,400 | $1,999,600 |
| JP MORGAN CHASE | $725,931 | $850,500 |
| ATLANTIC UN BKSHS CORP | $1,168,206 | $1,247,327 |
| ATLAS CORP NOTE | $1,100,736 | $1,131,814 |
| MICROSOFT CORP | $357,750 | $564,060 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (7 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| VANGUARD EMERGING MARKETS | AT COST | $30,000 | $24,328 |
| VANGUARD 500 INDEX ADMIRAL | AT COST | $175,000 | $226,891 |
| VANGUARD HEALTHCARE INVESTOR | AT COST | $280,000 | $248,924 |
| VANGUARD SMALL CAP INDEX | AT COST | $30,000 | $32,475 |
| VANGUARD TOTAL STOCK MARKET INDEX | AT COST | $100,000 | $126,776 |
| VANGUARD VALUE INDEX ADMIRAL | AT COST | $280,000 | $308,392 |
| VANGUARD WINDSOR ADMIRAL II | AT COST | $100,000 | $108,004 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $623 | LegalFeesAmt |
| Net Investment Income | $623 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $623 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ADVANCE | Desc |
| BOY Book Value | $2,804 | BOYBookValueAmt |
| EOY Book Value | $2,804 | EOYBookValueAmt |
| EOYFMV | $2,804 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| MISCELLANEOUS | $741 | $741 | $741 | $0 |
| BANK FEES | $30 | $30 | $30 | $0 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PAYROLL TAXES PAYABLE | Desc |
| BOY Book Value | $346 | BOYBookValueAmt |
| EOY Book Value | $371 | EOYBookValueAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| FOREIGN TAXES | $81 | $81 | $81 | $0 |
| FEDERAL TAX DUE | $476 | $0 | $0 | $0 |
| FEDERAL ESTIMATES | $12,000 | $0 | $0 | $0 |
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