CAPTAIN DAVES FOUNDATION: Form 990PF, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
CAPTAIN DAVES FOUNDATION (EIN 87-3416637)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-05-13
IRS object ID
202431349349102138
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)
Return2024-05-13T10:58:31-00:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN325409641PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Kurt AndersonBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1523 S Stocks RoadAddressLine1Txt
CitySummitCityNm
State AbbreviationWIStateAbbreviationCd
ZIP53066ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN873416637EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Captain Dave's FoundationBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% David TruittInCareOfNm
Business Name ControlCAPTBusinessNameControlTxt
Phone3125040004PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1505 Lake Shore Drive UNIT 2710AddressLine1Txt
CityChicagoCityNm
State AbbreviationILStateAbbreviationCd
ZIP60611ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonKurt M AndersonPersonNm
Person TitleDirectorPersonTitleTxt
Phone3125040004PhoneNum
Signature2024-05-13SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstKurtPersonFirstNm
Person LastAndersonPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonKurt AndersonPreparerPersonNm
PTINP00105472PTIN
Phone3125040004PhoneNum
Preparation2024-05-13PreparationDt
Self EmployedYes (X)SelfEmployedInd

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

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

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
PF Status Term Sect507b1 AYes (X)PFStatusTermSect507b1AInd
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$2,285,050FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$1,054,235ContriRcvdRevAndExpnssAmt
Dividends Rev And Expnss$7,009DividendsRevAndExpnssAmt
Dividends Net Invst Incm$7,009DividendsNetInvstIncmAmt
Cap Gain Net Incm Net Invst Incm$0CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$1,061,244TotalRevAndExpnssAmt
Total Net Invst Incm$7,009TotalNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$0TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$62,750ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$62,750ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$62,750TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$62,750TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$998,494ExcessRevenueOverExpensesAmt
Net Investment Income$7,009NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$4,957CashBOYAmt
Cash EOY$14,216CashEOYAmt
Cash EOYFMV$14,216CashEOYFMVAmt
Sav And Temp Cash Invst EOYFMV$1,135,417SavAndTempCashInvstEOYFMVAmt
Corporate Stock EOY$989,235CorporateStockEOYAmt
Corporate Stock EOYFMV$1,135,417CorporateStockEOYFMVAmt
Total Assets BOY$4,957TotalAssetsBOYAmt
Total Assets EOY$1,003,451TotalAssetsEOYAmt
Total Assets EOYFMV$2,285,050TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$4,957RetainedEarningBOYAmt
Retained Earning EOY$1,003,451RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$4,957TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$1,003,451TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$4,957TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$1,003,451TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$4,957TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$998,494ExcessRevenueOverExpensesAmt
Subtotal$1,003,451SubtotalAmt
Tot Net Ast Or Fund Balances EOY$1,003,451TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Ruling Letter2022-04-12RulingLetterDt
Investment Income Excise Tax$97InvestmentIncomeExciseTaxAmt
Subtotal$97SubtotalAmt
Tax Based On Investment Income$97TaxBasedOnInvestmentIncomeAmt
Tax Due$97TaxDueAmt

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 StateILOrgReportOrRegisterStateCd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Comply With Public Insp RqrfalseComplyWithPublicInspRqrInd
Website AddressNAWebsiteAddressTxt
Individual With BooksDavid TruittIndividualWithBooksNm
Phone3123439999PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1505 Lake Shore Drive Unit 2710AddressLine1Txt
CityChicagoCityNm
State AbbreviationILStateAbbreviationCd
ZIP60611ZIPCd
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
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
Maintained Expenditure RspnsfalseMaintainedExpenditureRspnsInd
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 (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
Robert Bied
1621 Oakley AveChicagoIL60647President005.00$0
Kurt Anderson
523 S Stocks RoadSummitWI53066Secretary005.00$0
David Truitt
505 Lake Shore Drive Unit 2710ChicagoIL60611CEO005.00$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1Charitable Contribution to Pritzker Military Museum and LibraryDescription1Txt
Expenses1$30,000Expenses1Amt
Description3Chartiable Contribution to the Chicago Yacht Club FoundationDescription3Txt
Expenses3$32,750Expenses3Amt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$177,054AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$13,187AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$190,241TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$190,241AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$2,854CashDeemedCharitableAmt
Net Vl Noncharitable Assets$187,387NetVlNoncharitableAssetsAmt
Minimum Investment Return$9,369MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$9,369MinimumInvestmentReturnAmt
Tax Based On Investment Income$97TaxBasedOnInvestmentIncomeAmt
Total Tax$97TotalTaxAmt
Distributable Before Adj$9,272DistributableBeforeAdjAmt
Distributable Before Ded$9,272DistributableBeforeDedAmt
Distributable As Adjusted$9,272DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$62,750ExpensesAndContributionsAmt
Qualifying Distributions$62,750QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$9,272DistributableAsAdjustedAmt
Excess Distribution Cyov Yr1$29,261ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$29,261TotalExcessDistributionCyovAmt
Qualifying Distributions$62,750QualifyingDistributionsAmt
Applied To Current Year$9,272AppliedToCurrentYearAmt
Remaining Distri From Corpus$53,478RemainingDistriFromCorpusAmt
Total Corpus$82,739TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$82,739ExcessDistriCyovToNextYrAmt
Excess From Year1$29,261ExcessFromYear1Amt
Excess From Current Year$53,478ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (2 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
Chicago Yacht Club Foundation
400 East Monroe StreetChicagoIL606036493PCCommunity Development$32,750
Pritzker Military Museum and Library
104 S Michigan AveChicagoIL60606PCCharitable Contribution$30,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$62,750TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Unrelated Business Taxbl Incm$7,009UnrelatedBusinessTaxblIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Unrelated Business Taxbl Incm$7,009UnrelatedBusinessTaxblIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$7,009TotalIncomeProducingActyAmt

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

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
Stock6675 shares of JPM Stock 6675 SharesStockNm
EOY Book Value$989,235EOYBookValueAmt
EOYFMV$1,135,417EOYFMVAmt

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