THE GLAD FOUNDATION: Form 990PF, tax year 2023

View the entire original 990 at ProPublica ↗

Organization: THE GLAD FOUNDATION (EIN 95-4092927)
Tax period: 2023-04-01 to 2024-03-31
Filed: 2024-08-13
IRS object ID: 202442269349100619
Schema version: 2023v5.1
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 Other Schedule2
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2024-08-13T11:00:09-07:00	ReturnTs
Tax Period End	2024-03-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	951637831	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	RUSS & ALLCROFT CPA	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	741 GLENVIA ST STE 100	AddressLine1Txt
City	GLENDALE	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	91206	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2023-04-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	954092927	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	THE GLAD FOUNDATION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	GLAD	BusinessNameControlTxt
Phone	8053821644	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	2560 PENINSULA RD	AddressLine1Txt
City	OXNARD	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	93035	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	GARY S CARR	PersonNm
Person Title	President	PersonTitleTxt
Signature	2024-08-13	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	Yes (true)	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	ZHENGKAI QI	PreparerPersonNm
PTIN	P01329224	PTIN
Phone	8182478260	PhoneNum
Self Employed	Yes (X)	SelfEmployedInd

Field	Value	IRS element (for citing)
Tax	2023	TaxYr
Build TS	2024-08-08 14:25:15Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$87,223	FMVAssetsEOYAmt
Method Of Accounting Cash	Yes (X)	MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Schedule B Not Required	Yes (X)	ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss	$16	InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm	$16	InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm	$16	InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss	$500	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$500	DividendsNetInvstIncmAmt
Dividends Adj Net Incm	$500	DividendsAdjNetIncmAmt
Total Rev And Expnss	$516	TotalRevAndExpnssAmt
Total Net Invst Incm	$516	TotalNetInvstIncmAmt
Total Adj Net Incm	$516	TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss	$585	AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm	$292	AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps	$293	AccountingFeesChrtblPrpsAmt
Taxes Rev And Expnss	$10	TaxesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss	$595	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$292	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$293	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$9,000	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$9,000	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$9,595	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$292	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$9,293	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	-$9,079	ExcessRevenueOverExpensesAmt
Net Investment Income	$224	NetInvestmentIncomeAmt
Adjusted Net Income	$516	AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Sav And Temp Cash Invst BOY	$574	SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY	$579	SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV	$579	SavAndTempCashInvstEOYFMVAmt
Other Investments BOY	$96,175	OtherInvestmentsBOYAmt
Other Investments EOY	$86,644	OtherInvestmentsEOYAmt
Other Investments EOYFMV	$86,644	OtherInvestmentsEOYFMVAmt
Total Assets BOY	$96,749	TotalAssetsBOYAmt
Total Assets EOY	$87,223	TotalAssetsEOYAmt
Total Assets EOYFMV	$87,223	TotalAssetsEOYFMVAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY	$96,749	NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY	$87,223	NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY	$96,749	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$87,223	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$96,749	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$87,223	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$96,749	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	-$9,079	ExcessRevenueOverExpensesAmt
Subtotal	$87,670	SubtotalAmt
Other Decreases	$447	OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY	$87,223	TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$3	InvestmentIncomeExciseTaxAmt
Subtotal	$3	SubtotalAmt
Tax Based On Investment Income	$3	TaxBasedOnInvestmentIncomeAmt
Tax Due	$3	TaxDueAmt
Applied To ES Tax	$0	AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

Field	Value	IRS element (for citing)
Legislative Political Acty	false	LegislativePoliticalActyInd
More Than100 Spent	false	MoreThan100SpentInd
Form1120 POL Filed	false	Form1120POLFiledInd
Activities Not Previously Rpt	false	ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws	false	ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit	false	UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc	false	OrganizationDissolvedEtcInd
Section508e Rqr Satisfied	Yes (true)	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (true)	AtLeast5000InAssetsInd
Form990 PF Filed With Atty Gen	Yes (true)	Form990PFFiledWithAttyGenInd
Private Operating Foundation	false	PrivateOperatingFoundationInd
New Substantial Contributors	false	NewSubstantialContributorsInd
Own Controlled Entity	false	OwnControlledEntityInd
Donor Advised Fund	false	DonorAdvisedFundInd
Comply With Public Insp Rqr	Yes (true)	ComplyWithPublicInspRqrInd
Website Address	N/A	WebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

Field	Value	IRS element (for citing)
Business Name Line1	GARY CARR	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	8053821644	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	2560 PENINSULA RD	AddressLine1Txt
City	OXNARD	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	93035	ZIPCd

Field	Value	IRS element (for citing)
Foreign Accounts Question	false	ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Field	Value	IRS element (for citing)
Sale Or Exch Disqualified Prsn	false	SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn	false	BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn	false	FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn	false	PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn	false	TransferAstDisqualifiedPrsnInd
Payment To Government Official	false	PaymentToGovernmentOfficialInd
Acts Fail To Qlfy As Exceptions	false	ActsFailToQlfyAsExceptionsInd
Uncorrected Prior Acts	false	UncorrectedPriorActsInd
Undistributed Income PY	false	UndistributedIncomePYInd
Business Holdings	false	BusinessHoldingsInd
Jeopardy Investments	false	JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst	false	UncorrectedPYJeopardyInvstInd
Influence Legislation	false	InfluenceLegislationInd
Influence Election	false	InfluenceElectionInd
Grants To Individuals	false	GrantsToIndividualsInd
Grants To Organizations	false	GrantsToOrganizationsInd
Noncharitable Purpose	false	NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt	false	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
GARY S CARR
2560 PENINSULA RD	OXNARD	CA	93035	President	0.00	$0
JEFF OSTER
2560 PENINSULA RD	OXNARD	CA	93035	Vice President	0.00	$0
SHARY Y CARR
2560 PENINSULA RD	OXNARD	CA	93035	Secretary	0.00	$0
DAVID WITT
2560 PENINSULA RD	OXNARD	CA	93035	Treasurer	0.00	$0

Field	Value	IRS element (for citing)
Comp Of Hghst Pd Empl Or NONE	NONE	CompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONE	NONE	CompOfHghstPdCntrctOrNONETxt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$91,699	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$577	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$92,276	TotalFMVOfUnusedAssetsAmt
Reduction Claimed	$0	ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast	$92,276	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$1,384	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$90,892	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$4,545	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$4,545	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$3	TaxBasedOnInvestmentIncomeAmt
Total Tax	$3	TotalTaxAmt
Distributable Before Adj	$4,542	DistributableBeforeAdjAmt
Distributable Before Ded	$4,542	DistributableBeforeDedAmt
Distributable As Adjusted	$4,542	DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$9,293	ExpensesAndContributionsAmt
Qualifying Distributions	$9,293	QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$4,542	DistributableAsAdjustedAmt
Excess Distribution Cyov Yr3	$3,232	ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2	$3,372	ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1	$4,098	ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov	$10,702	TotalExcessDistributionCyovAmt
Qualifying Distributions	$9,293	QualifyingDistributionsAmt
Treated As Distri From Corpus	$0	TreatedAsDistriFromCorpusAmt
Applied To Current Year	$4,542	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$4,751	RemainingDistriFromCorpusAmt
Total Corpus	$15,453	TotalCorpusAmt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr	$15,453	ExcessDistriCyovToNextYrAmt
Excess From Year3	$3,232	ExcessFromYear3Amt
Excess From Year2	$3,372	ExcessFromYear2Amt
Excess From Year1	$4,098	ExcessFromYear1Amt
Excess From Current Year	$4,751	ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (5 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
CREEKSIDE BIBLE CHURCH
10505 MILLER AVENUE	CUPERTINO	CA	95014	PC	SUPPORT MINISTRY	$900
BIBLICAL TRAINING FOR PASTORS
3030 ROYAL BLVD S SUITE 125	ALPHARETTA	GA	30022	PC	SUPPORT MINISTRY	$2,700
THE UPROOT COLLECTIVE
7875 NW 57TH STREET 25375	TAMARAC	FL	33351	PC	SUPPORT BIBLE CAMP	$1,800
THE FATHER'S HOUSE
1505 E 20TH AVENUE	HUTCHINSON	KS	67502	PC	SUPPORT MINISTRY	$1,800
ORCHARD COMMUNITY CHURCH
8180 TELEPHONE ROAD	VENTURA	CA	93004	PC	SUPPORT MINISTRY	$1,800

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$9,000	TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$16	ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$500	ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Exclusion	$516	ExclusionAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$516	TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO	false	TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO	false	TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets	false	SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO	false	PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets	false	RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements	false	ReimbursementArrangementsInd
Loans Or Loan Guarantees	false	LoansOrLoanGuaranteesInd
Performance Of Services Etc	false	PerformanceOfServicesEtcInd
Sharing Of Facilities Etc	false	SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO	false	RelationshipsNonchrtblEOInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Field	Value	IRS element (for citing)
Category	ACCOUNTING	CategoryTxt
Amt	$585	Amt
Net Investment Income	$292	NetInvestmentIncomeAmt
Adjusted Net Income	$0	AdjustedNetIncomeAmt
Disbursements Charitable Prps	$293	DisbursementsCharitablePrpsAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

Field	Value	IRS element (for citing)
Category Or Item	OTHER INVESTMENT	CategoryOrItemTxt
Listed At Cost Or FMV	AT COST	ListedAtCostOrFMVCd
Book Value	$86,644	BookValueAmt
EOYFMV	$86,644	EOYFMVAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

Field	Value	IRS element (for citing)
Category	EXCISE TAX	CategoryTxt
Amt	$10	Amt

THE GLAD FOUNDATION: Form 990PF, tax year 2023

Return header ReturnHeader

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

Preparer US Address PreparerUSAddress

Filer Filer

Business Name BusinessName

US Address USAddress

Business Officer BusinessOfficerGrp

Preparer Person PreparerPersonGrp

Form 990-PF IRS990PF

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Statements Regarding Acty StatementsRegardingActyGrp

Persons With Books Name PersonsWithBooksName

Location Of Books US Address LocationOfBooksUSAddress

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)

Minimum Investment Return MinimumInvestmentReturnGrp

Distributable Amount DistributableAmountGrp

PF Qualifying Distributions PFQualifyingDistributionsGrp

Undistributed Income UndistributedIncomeGrp

Supplementary Information SupplementaryInformationGrp

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (5 entries)

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

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