THE BOWERS FOUNDATION: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- THE BOWERS FOUNDATION (EIN 45-3668271)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-08-29
- IRS object ID
- 202432429349101053
- 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
- Schedule B
- Depreciation Schedule
- General Explanation Attachment
- Investments Corp Stock Schedule
- Liquidation Explanation Stmt
- Other Expenses Schedule
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-08-29T13:34:24-05:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foundation Source | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3333 New Hyde Park Rd Ste 406 | AddressLine1Txt |
| City | New Hyde Park | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11042 | 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 | 453668271 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Bowers Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % Foundation Source | InCareOfNm |
| Business Name Control | BOWE | BusinessNameControlTxt |
| Phone | 8008391754 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Foundation Source 501 Silverside Rd | AddressLine1Txt |
| City | Wilmington | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198091377 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | john bowers | PersonNm |
| Person Title | president | PersonTitleTxt |
| Phone | 8008391754 | PhoneNum |
| Signature | 2024-08-23 | 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 | Jeffrey D Haskell | PreparerPersonNm |
| PTIN | P01345770 | PTIN |
| Phone | 8008391754 | PhoneNum |
| 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 | $352,102 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $54,764 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $2,069 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $2,069 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $9,449 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $9,449 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $18,072 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $74,862 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $18,072 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $84,354 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $29,590 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Other Prof Fees Rev And Expnss | $2,934 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $2,934 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $135 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $35 | TaxesNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $10,703 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $3 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $10,700 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $13,772 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $2,972 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $10,700 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $377,826 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $377,826 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $391,598 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $2,972 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $388,526 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$307,244 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $26,618 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $90,206 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $49,031 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $49,031 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $386,773 | CorporateStockBOYAmt |
| Corporate Stock EOY | $196,357 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $303,071 | CorporateStockEOYFMVAmt |
| Total Assets BOY | $476,979 | TotalAssetsBOYAmt |
| Total Assets EOY | $245,388 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $352,102 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $476,979 | RetainedEarningBOYAmt |
| Retained Earning EOY | $245,388 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $476,979 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $245,388 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $476,979 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $245,388 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $476,979 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$307,244 | ExcessRevenueOverExpensesAmt |
| Other Increases | $75,653 | OtherIncreasesAmt |
| Subtotal | $245,388 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $245,388 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | Publicly-traded Securities | PropertyDesc |
| Gross Sales Price | $74,862 | GrossSalesPriceAmt |
| Cost Or Other Basis | $56,790 | CostOrOtherBasisAmt |
| Gain Or Loss | $18,072 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $18,072 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $18,072 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $370 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $370 | SubtotalAmt |
| Tax Based On Investment Income | $370 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $104 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $300 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $404 | TotalPaymentsAndCreditsAmt |
| Overpayment | $34 | OverpaymentAmt |
| Applied To ES Tax | $34 | 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 | Yes (true) | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | DE | OrgReportOrRegisterStateCd |
| 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 | Yes (true) | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foundation Source | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8008391754 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 501 Silverside Road Suite 123 | AddressLine1Txt |
| City | Wilmington | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198091377 | 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 |
| 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 (2 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 |
|---|---|---|---|---|---|---|---|---|
| Ariel Bowers | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir | 1.0 | $0 | $0 | $0 |
| John Bowers | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Pres, Dir, Sec | 1.0 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Summary Of Direct Chrtbl Acty | SummaryOfDirectChrtblActyGrp | |
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $453,165 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $49,122 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $502,287 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $502,287 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $7,534 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $494,753 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $24,738 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $24,738 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $370 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $370 | TotalTaxAmt |
| Distributable Before Adj | $24,368 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $24,368 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $24,368 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $388,526 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $388,526 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $24,368 | DistributableAsAdjustedAmt |
| Prior Year1 | 2021 | PriorYear1Yr |
| Prior Year2 | 2020 | PriorYear2Yr |
| Prior Year3 | 2019 | PriorYear3Yr |
| Excess Distribution Cyov Yr4 | $6,191 | ExcessDistributionCyovYr4Amt |
| Total Excess Distribution Cyov | $6,191 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $388,526 | QualifyingDistributionsAmt |
| Applied To Current Year | $24,368 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $364,158 | RemainingDistriFromCorpusAmt |
| Total Corpus | $370,349 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $370,349 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $6,191 | ExcessFromYear4Amt |
| Excess From Current Year | $364,158 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | ARIEL BOWERS | ContributingManagerNm |
| Contributing Manager | John Bowers | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (7 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| DIRECT RELIEF | |||||||
| 6100 WALLACE BECKNELL RD | SANTA BARBARA | CA | 93117 | N/A | PC | General & Unrestricted | $1,000 |
| FIDELITY INVESTMENTS CHARITABLE GIFT FUND | |||||||
| 245 SUMMER ST MZ NM43A | BOSTON | MA | 02210 | N/A | PC | General & Unrestricted | $367,826 |
| GRAZIA FOUNDATION | |||||||
| 220 BEDFORD PARK RD | CHARLOTTESVLE | VA | 22903 | N/A | PC | General & Unrestricted | $5,000 |
| RONALD MCDONALD HOUSE CHARITIES OF TAMPA BAY INC | |||||||
| 35 DAVIS BLVD | TAMPA | FL | 33606 | N/A | PC | General & Unrestricted | $1,000 |
| TFTSP YOUTH GOLF COUNCIL ST PETERSBURG FLORIDA INC | |||||||
| 3790 22ND AVE S | ST PETERSBURG | FL | 33711 | N/A | PC | General & Unrestricted | $1,000 |
| TRANSITION HOUSE | |||||||
| 425 E COTA ST | SANTA BARBARA | CA | 93101 | N/A | PC | General & Unrestricted | $1,000 |
| WILLBRIDGE OF SANTA BARBARA INC | |||||||
| 2904 STATE ST APT A | SANTA BARBARA | CA | 93105 | N/A | PC | General & Unrestricted | $1,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $377,826 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp |
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $2,069 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $9,449 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Income | OtherInvestmentIncomeGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $18,072 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $29,590 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $29,590 | 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 |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Contributor Person | Bowers John | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1400 Northridge Road | AddressLine1Txt |
| City | Santa Barbara | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 93105 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $54,764 | TotalContributionsAmt |
| Noncash Contribution | Yes (X) | NoncashContributionInd |
Non Cash Property Contribution NonCashPropertyContributionGrp (4 entries)
| ContributorContributorNum | Noncash PropertyNoncashPropertyDesc | Fair Market ValueFairMarketValueAmt | ReceivedReceivedDt |
|---|---|---|---|
| 1 | UNITEDHEALTH GROUP INC UNH, 36 sh. | $18,674 | 2023-04-11 |
| 1 | APPLE INC AAPL, 120 sh. | $19,372 | 2023-04-11 |
| 1 | MICROSOFT CORP MSFT, 50 sh. | $16,718 | 2023-06-29 |
| 1 | BARCLAYS BANK PLC 0% PFD 04/08/2025 06747G489, 4000 sh. | $0 | 2023-06-29 |
Depreciation Schedule DepreciationSchedule
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | IN-KIND GRANTS | IdentifierTxt |
| Form And Line Reference | PART I LINE 25 AND PART XIV LINE 3A | FormAndLineReferenceDesc |
| Medium Explanation | DISTRIBUTIONS OF PROPERTY VALUE AT FAIR MARKET VALUE AT DATE OF DISTRIBUTION METHOD FOR DETERMINING FMV OF SECURITIES: AVERAGE OF HIGH/LOW ON DATE GRANTED TO CHARITY METHOD OF DETERMINING BOOK VALUE OF SECURITIES: COST OR AVERAGE OF HIGH/LOW ON DATE CONTRIBUTED TO FOUNDATION TOTAL FAIR MARKET VALUE OF PROPERTY: $367,827 TOTAL BOOK VALUE OF PROPERTY: $292,174 TOTAL CASH PORTION OF GRANTS: $- TOTAL AMOUNT OF GRANTS: $367,827 FORM 990-PF, PART III, LINE 3 - OTHER INCREASES/DECREASES: $75,653 DETAILS OF ITEMS GRANTED: DESCRIPTION OF PROPERTY: BARCLAYS BANK PLC 0% PFD 04/08/2025 UNITS: 4000 DATE OF DISTRIBUTION: 8/16/2023 GRANT RECIPIENT: FIDELITY INVESTMENTS CHARITABLE GIFT FUND FMV OF PROPERTY: $88,760 BOOK VALUE OF PROPERTY: $- CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $88,760 DESCRIPTION OF PROPERTY: APPLE INC UNITS: 120 DATE OF DISTRIBUTION: 8/16/2023 GRANT RECIPIENT: FIDELITY INVESTMENTS CHARITABLE GIFT FUND FMV OF PROPERTY: $21,303 BOOK VALUE OF PROPERTY: $19,372 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $21,303 DESCRIPTION OF PROPERTY: ABBVIE INC UNITS: 590 DATE OF DISTRIBUTION: 8/16/2023 GRANT RECIPIENT: FIDELITY INVESTMENTS CHARITABLE GIFT FUND FMV OF PROPERTY: $89,969 BOOK VALUE OF PROPERTY: $83,102 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $89,969 DESCRIPTION OF PROPERTY: JP MORGAN ALERIAN MLP INDEX ETN UNITS: 1200 DATE OF DISTRIBUTION: 8/16/2023 GRANT RECIPIENT: FIDELITY INVESTMENTS CHARITABLE GIFT FUND FMV OF PROPERTY: $28,602 BOOK VALUE OF PROPERTY: $43,848 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $28,602 DESCRIPTION OF PROPERTY: MARKET VECTORS - GOLD MINERS ETF UNITS: 250 DATE OF DISTRIBUTION: 8/16/2023 GRANT RECIPIENT: FIDELITY INVESTMENTS CHARITABLE GIFT FUND FMV OF PROPERTY: $7,008 BOOK VALUE OF PROPERTY: $13,203 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $7,008 DESCRIPTION OF PROPERTY: MERCK & CO INC UNITS: 145 DATE OF DISTRIBUTION: 8/16/2023 GRANT RECIPIENT: FIDELITY INVESTMENTS CHARITABLE GIFT FUND FMV OF PROPERTY: $15,787 BOOK VALUE OF PROPERTY: $13,208 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $15,787 DESCRIPTION OF PROPERTY: MICROSOFT CORP UNITS: 50 DATE OF DISTRIBUTION: 8/16/2023 GRANT RECIPIENT: FIDELITY INVESTMENTS CHARITABLE GIFT FUND FMV OF PROPERTY: $16,106 BOOK VALUE OF PROPERTY: $16,718 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $16,106 DESCRIPTION OF PROPERTY: PFIZER INC UNITS: 616 DATE OF DISTRIBUTION: 8/16/2023 GRANT RECIPIENT: FIDELITY INVESTMENTS CHARITABLE GIFT FUND FMV OF PROPERTY: $21,757 BOOK VALUE OF PROPERTY: $25,878 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $21,757 DESCRIPTION OF PROPERTY: PUTNAM SHORT DURATION INCOME FD CL Y UNITS: 0.478 DATE OF DISTRIBUTION: 8/16/2023 GRANT RECIPIENT: FIDELITY INVESTMENTS CHARITABLE GIFT FUND FMV OF PROPERTY: $5 BOOK VALUE OF PROPERTY: $5 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $5 DESCRIPTION OF PROPERTY: SCHWAB US TIPS UNITS: 450 DATE OF DISTRIBUTION: 8/16/2023 GRANT RECIPIENT: FIDELITY INVESTMENTS CHARITABLE GIFT FUND FMV OF PROPERTY: $23,040 BOOK VALUE OF PROPERTY: $28,502 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $23,040 DESCRIPTION OF PROPERTY: ISHARES SILVER TRUST UNITS: 1800 DATE OF DISTRIBUTION: 8/16/2023 GRANT RECIPIENT: FIDELITY INVESTMENTS CHARITABLE GIFT FUND FMV OF PROPERTY: $37,251 BOOK VALUE OF PROPERTY: $29,665 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $37,251 DESCRIPTION OF PROPERTY: UNITEDHEALTH GROUP INC UNITS: 36 DATE OF DISTRIBUTION: 8/16/2023 GRANT RECIPIENT: FIDELITY INVESTMENTS CHARITABLE GIFT FUND FMV OF PROPERTY: $18,240 BOOK VALUE OF PROPERTY: $18,674 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $18,240 | MediumExplanationTxt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (28 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| ALPHABET INC CL A | $1,893 | $16,763 |
| AMERICAN TOWER REIT INC | $2,217 | $2,159 |
| AVALONBAY CMNTYS INC | $12,024 | $13,480 |
| BERKSHIRE HATHAWAY INC. CLASS | $18,362 | $86,668 |
| BHP BILLITON LIMITED | $3,336 | $3,416 |
| CHEMED CORP | $4,907 | $5,263 |
| CORVEL CORP | $3,690 | $4,697 |
| EDWARDS LIFESCIENCES | $8,035 | $7,625 |
| FACTSET RESH SYST INC | $6,330 | $7,156 |
| GRAINGER W W INC | $4,415 | $7,458 |
| HENRY JACK & ASSOC INC | $6,178 | $6,536 |
| HUNT J B | $4,101 | $4,994 |
| ISHARES MSCI USA QUALITY FACTO | $21,231 | $21,188 |
| ISHARES TRUST MSCI EAFE INDEX | $10,050 | $10,248 |
| KLA TENCOR CORP | $6,940 | $8,720 |
| MARSH AND MCLENNAN COMPANIES I | $8,114 | $8,905 |
| MASTERCARD INC | $2,785 | $3,412 |
| MICROSOFT CORP | $2,204 | $13,537 |
| NESTLE S.A | $8,824 | $8,094 |
| PEPSICO INC | $6,347 | $6,963 |
| PROCTER GAMBLE CO | $2,965 | $2,931 |
| PUBLIC STORAGE INC | $16,450 | $16,775 |
| TARGET CORPORATION | $3,102 | $2,848 |
| THE HERSHEY COMPANY | $9,451 | $8,576 |
| TRACTOR SUPPLY CO COM | $1,966 | $1,935 |
| UNITEDHEALTH GROUP INC | $8,841 | $8,950 |
| VISA INC | $3,519 | $3,905 |
| ZOETIS INC | $8,080 | $9,869 |
Liquidation Explanation Stmt LiquidationExplanationStmt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | As explained below, the Foundation has no plans for dissolution. This statement is submitted to report the distribution of certain assets during the year. The distributions resulted in a substantial contraction of assets. The following information is submitted in accordance with Treasury Regulation Section 1.6043-3(a)(1) and the Form 990-PF instructions: During the taxable year ending December 31, 2023, the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled $377,826. This amount represents 25% or more of the Foundation's net assets of $561,214 (as measured by fair market value) at the beginning of the Foundation's taxable year ending December 31, 2023. Although the Foundation technically experienced a substantial contraction, it will continue in existence and has no plans for dissolution. The Foundation made distributions of cash to the grantees listed in the attachment to Part XIV, Line 3a; each such grant was made solely for the charitable purpose specified therein. | ExplanationTxt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| Administrative Fees | $10,675 | $10,675 | |
| Bank Charges | $3 | $3 | |
| State or Local Filing Fees | $25 | $25 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | GRANTS OF PUBLICLY TRADED SECURITIES | Desc |
| Amt | $75,653 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Investment Management Services | CategoryTxt |
| Amt | $2,934 | Amt |
| Net Investment Income | $2,934 | NetInvestmentIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| 990-PF Estimated Tax for 2023 | $100 | |
| Foreign Tax Paid | $35 | $35 |
Comments