FURP.ORG / PUBLIC DATA EXPLORER

STUDEBAKER NATIONAL FOUNDATION: Form 990PF, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
STUDEBAKER NATIONAL FOUNDATION (EIN 20-1055015)
Tax period
2021-05-01 to 2022-04-30
Filed
2022-09-12
IRS object ID
202212559349100416
Schema version
2021v4.0
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)
Return2022-09-12T12:04:39-04:00ReturnTs
Tax Period End2022-04-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN260004840PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1ADVANTAGE ACCOUNTING & TAX SOLUTIONS INCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1721 N MAIN STAddressLine1Txt
CityHARRISONBURGCityNm
State AbbreviationVAStateAbbreviationCd
ZIP22802ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2021-05-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN201055015EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1STUDEBAKER NATIONAL FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlSTUDBusinessNameControlTxt
Phone7607743377PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11475 LOBO WAYAddressLine1Txt
CityPALM SPRINGSCityNm
State AbbreviationCAStateAbbreviationCd
ZIP92264ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonCHRIS COLLINSPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone7607743377PhoneNum
Signature2022-09-08SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstCHRISPersonFirstNm
Person LastCOLLINSPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonKIRK B KNOTT CPAPreparerPersonNm
PTINP00548117PTIN
Phone5404341706PhoneNum
Preparation2022-09-07PreparationDt
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$529,414FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$8,345ContriRcvdRevAndExpnssAmt
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$97InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$97InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$97InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss$3,133DividendsRevAndExpnssAmt
Dividends Net Invst Incm$3,133DividendsNetInvstIncmAmt
Dividends Adj Net Incm$3,133DividendsAdjNetIncmAmt
Total Rev And Expnss$11,575TotalRevAndExpnssAmt
Total Net Invst Incm$3,230TotalNetInvstIncmAmt
Total Adj Net Incm$3,230TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss$650AccountingFeesRevAndExpnssAmt
Other Expenses Rev And Expnss$3,173OtherExpensesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$3,823TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$10,500ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$10,500ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$14,323TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$10,500TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$2,748ExcessRevenueOverExpensesAmt
Net Investment Income$3,230NetInvestmentIncomeAmt
Adjusted Net Income$3,230AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$19,768CashBOYAmt
Cash EOY$13,790CashEOYAmt
Cash EOYFMV$13,790CashEOYFMVAmt
Sav And Temp Cash Invst BOY$52,045SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$52,142SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$52,142SavAndTempCashInvstEOYFMVAmt
Other Investments BOY$87,666OtherInvestmentsBOYAmt
Other Investments EOY$87,654OtherInvestmentsEOYAmt
Other Investments EOYFMV$87,654OtherInvestmentsEOYFMVAmt
Other Assets BOY$375,828OtherAssetsBOYAmt
Other Assets EOY$375,828OtherAssetsEOYAmt
Other Assets EOYFMV$375,828OtherAssetsEOYFMVAmt
Total Assets BOY$535,307TotalAssetsBOYAmt
Total Assets EOY$529,414TotalAssetsEOYAmt
Total Assets EOYFMV$529,414TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$208,024NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$204,131NoDonorRstrNetAssestsEOYAmt
Donor Rstr Net Assets BOY$327,283DonorRstrNetAssetsBOYAmt
Donor Rstr Net Assets EOY$325,283DonorRstrNetAssetsEOYAmt
Tot Net Ast Or Fund Balances BOY$535,307TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$529,414TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$535,307TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$529,414TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$535,307TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$2,748ExcessRevenueOverExpensesAmt
Subtotal$532,559SubtotalAmt
Other Decreases$3,145OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$529,414TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$45InvestmentIncomeExciseTaxAmt
Subtotal$45SubtotalAmt
Tax Based On Investment Income$45TaxBasedOnInvestmentIncomeAmt
Tax Due$45TaxDueAmt

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
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationYes (true)PrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressWWW.STUDEBAKERNATIONALFOUNDATION.ORGWebsiteAddressTxt
Individual With BooksLINDA DERBIDGEIndividualWithBooksNm
Phone7752895686PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 151854AddressLine1Txt
CityELYCityNm
State AbbreviationNVStateAbbreviationCd
ZIP89315ZIPCd
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
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 (12 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
LINDA DERBIDGE
PO BOX 151854ELYNV89315TREASURER000.00$0$0$0
BILL CERVINI
28618 N 61ST STCAVE CREEKAZ85331DIRECTOR000.00$0$0$0
FRANK WENZEL
1475 LOBO WAYPALM SPRINGSCA92264DIRECTOR000.00$0$0$0
CHRIS COLLINS
2410 W FREEWAY LNPHOENIXAZ85021PRESIDENT000.00$0$0$0
MARTHA STUDEBAKER
1036 WILLOWMORE SPRINGS RDLEXINGTONNC27292DIRECTOR000.00$0$0$0
DEANNA MANLEY
754 S 29TH AVE ENEWTONIA50208DIRECTOR000.00$0$0$0
RICHARD DORMOIS
PO BOX 596MESAAZ85211VICE PRESIDE000.00$0$0$0
DENNY LOCKMON
9417 W CEDAR HILL CIRCLESUN CITYAZ85351DIRECTOR000.00$0$0$0
SID ROSEN
2233 N ALVARADO RDPHOENIXAZ85004DIRECTOR000.00$0$0$0
JAMES BELL
3951 WYNN RDBELLINGHAMWA98225DIRECTOR000.00$0$0$0
BECKY BONHAM
5711 BAYSWATER PLACESOUTH BENDIN46614SECRETARY000.00$0$0$0
CARL THOMASON
43306 RUNNING DEER EDCOARSEGOLDCA93614DIRECTOR000.00$0$0$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)
Description1PRESERVATION OF STUDEBAKER HERITAGEDescription1Txt
Expenses1$3,823Expenses1Amt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$372,833AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$16,780AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$90,649FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$480,262TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$480,262AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$7,204CashDeemedCharitableAmt
Net Vl Noncharitable Assets$473,058NetVlNoncharitableAssetsAmt
Minimum Investment Return$23,653MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Sect4942j3j5 Fndtn And Frgn OrgYes (X)Sect4942j3j5FndtnAndFrgnOrgInd

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$10,500ExpensesAndContributionsAmt
Qualifying Distributions$10,500QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Qualifying Distributions$10,500QualifyingDistributionsAmt
Remaining Distri From Corpus$10,500RemainingDistriFromCorpusAmt
Total Corpus$10,500TotalCorpusAmt

Private Operating Foundations PrivateOperatingFoundationsGrp

FieldValueIRS element (for citing)
Section4942j3Yes (X)Section4942j3Ind

Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp

FieldValueIRS element (for citing)
Current Year$3,230CurrentYearAmt
Total$3,230TotalAmt

Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp

FieldValueIRS element (for citing)
Current Year$2,746CurrentYearAmt
Total$2,746TotalAmt

Qualifying Distributions QualifyingDistributionsGrp

FieldValueIRS element (for citing)
Current Year$10,500CurrentYearAmt
Year1$4,000Year1Amt
Year2$3,300Year2Amt
Year3$6,550Year3Amt
Total$24,350TotalAmt

Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp

FieldValueIRS element (for citing)
Current Year$10,500CurrentYearAmt
Year1$4,000Year1Amt
Year2$3,300Year2Amt
Year3$6,550Year3Amt
Total$24,350TotalAmt

Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp

FieldValueIRS element (for citing)
Current Year$15,769CurrentYearAmt
Total$15,769TotalAmt

Supplementary Information SupplementaryInformationGrp

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonJAMES BELLRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line13951 WYNN RDAddressLine1Txt
CityBELLINGHAMCityNm
State AbbreviationWAStateAbbreviationCd
ZIP98225ZIPCd
FieldValueIRS element (for citing)
Recipient Phone3607380103RecipientPhoneNum
Recipient Email AddressSTUDENUT@COMCAST.NETRecipientEmailAddressTxt
Form And Info And MaterialsTHE APPLICANT SHOULD BE PURSUING AUTOMOTIVE FIELDS OF STUDY, INCLUDING BUT NOT LIMITED TO PRESERVATION, RESTORATION, AUTO BODY, MAINTENANCE/REPAIR, DESIGN, AUTOMOTIVE HISTORY, ETC. OR PURSUING HIGHER EDUCATION AND PRESERVING THE STUDEBAKER LEGACY BY BEING ACTIVELY INVOLVED IN STUDEBAKERS AS A HOBBYIST. SCHOLARSHIP APPLICANTS MUST HAVE OBTAINED AT LEAST AN EQUIVALENT OF 2.5 GPA ON A 4.0 SCALE, AND MUST SUBMIT COPIES OF ALL THEIR ACADEMIC TRANSCRIPTS AND A TEACHER LETTER OF RECOMMENDATION WITH THEIR APPLICATIONFormAndInfoAndMaterialsTxt
Submission DeadlinesBY MAY 1 FOR THE FALL TERM AND NOVEMBER 1ST FOR THE SPRING TERM.SubmissionDeadlinesTxt
Restrictions On AwardsN/ARestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (5 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
MCPHERSON COLLEGE FBO GRAHAM NOBLET
1600 E EUCLID STREETMCPHERSONKS67460501 (C) (3)PRESERVATION OF STUDEBAKER HERITAGE$2,000
STUDEBAKER NATIONAL MUSEUM
201 CHAPIN STREETSOUTH BENDIN46601501 (C)(3)FUND MUSEUM INTERNSHIP POSITIONS$2,500
PENNCOLLEGETECH FBO JASON WOLLERM
ONE COLLEGE AVENUEWILLIAMSPORTPA17701501 (C) (3)PRESERVATION OF STUDEBAKER HERITAGE$3,500
UNIV OF FINDLAY FBO KAITLYN CHERNI
1000 N MAIN STREETFINDLAYOH45640501 (C) (3)PRESERVATION OF STUDEBAKER HERITAGE$1,500
CARSON HIGH SCHOOL-ROBERT ROACH
22328 S MAIN STREETCARSONCA90745501 (C)(3)STUDEBAKER RESTORATION SUPPLIES$1,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$10,500TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$97ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$3,133ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$3,230ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$3,230TotalIncomeProducingActyAmt

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 FEECategoryTxt
Amt$650Amt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

FieldValueIRS element (for citing)
Category Or ItemINVESTMENT IN MUTUAL FUNDSCategoryOrItemTxt
Listed At Cost Or FMVFMVListedAtCostOrFMVCd
Book Value$87,654BookValueAmt
EOYFMV$87,654EOYFMVAmt

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp

FieldValueIRS element (for citing)
DescDONATED VEHICLESDesc
BOY Book Value$375,828BOYBookValueAmt
EOY Book Value$375,828EOYBookValueAmt
EOYFMV$375,828EOYFMVAmt

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

FieldValueIRS element (for citing)
DescUNREALIZED LOSS ON INVESTMENTSDesc
Amt$3,145Amt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (6 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt
EXPENSES
INSURANCE$925
MISCELLANEOUS$278
WEBSITE EXPENSE$849
ADVERTISING$321
UPKEEP OF ANTIQUE AUTOS$800