BACON FAMILY FOUNDATION: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- BACON FAMILY FOUNDATION (EIN 74-3070936)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-10-02
- IRS object ID
- 202402769349100010
- 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
- Investments Corp Stock Schedule
- Other Expenses Schedule
- Other Increases Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-10-02T13:05:22-05:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 911301672 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SWEENEY CONRAD PS | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10210 NE POINTS DRIVE SUITE 300 | AddressLine1Txt |
| City | KIRKLAND | CityNm |
| State Abbreviation | WA | StateAbbreviationCd |
| ZIP | 98033 | 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 | 743070936 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BACON FAMILY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | BACO | BusinessNameControlTxt |
| Phone | 4252562662 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 848 | AddressLine1Txt |
| City | MEDINA | CityNm |
| State Abbreviation | WA | StateAbbreviationCd |
| ZIP | 98039 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MICHAEL V GRIFFITH | PersonNm |
| Person Title | SECRETARY | PersonTitleTxt |
| Phone | 4252562662 | PhoneNum |
| Signature | 2024-09-27 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | GREGORY N LACOMBE CPA | PreparerPersonNm |
| PTIN | P01226401 | PTIN |
| Phone | 4256291990 | PhoneNum |
| Preparation | 2024-09-27 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2024-10-15 13:58:12Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Change | Yes (X) | NameChangeInd |
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $2,472,932 | 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 | $9,349 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $633 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $633 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $39,161 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $39,161 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $266,684 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $500,804 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $266,684 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $315,827 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $306,478 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $0 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $40,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $0 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $40,000 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $19,998 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $0 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Adj Net Incm | $0 | OthEmplSlrsWgsAdjNetIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $19,998 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Other Prof Fees Rev And Expnss | $53,825 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $28,571 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $0 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $25,254 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $7,176 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $626 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $0 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $6,550 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $13,312 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $0 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $13,312 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $134,311 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $29,197 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $105,114 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $473,576 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $473,576 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $607,887 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $29,197 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $578,690 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$292,060 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $277,281 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $71,617 | CashBOYAmt |
| Cash EOY | $4,782 | CashEOYAmt |
| Cash EOYFMV | $4,782 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $15,415 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $12,859 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $12,859 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $2,520,761 | CorporateStockBOYAmt |
| Corporate Stock EOY | $2,455,291 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $2,455,291 | CorporateStockEOYFMVAmt |
| Total Assets BOY | $2,607,793 | TotalAssetsBOYAmt |
| Total Assets EOY | $2,472,932 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $2,472,932 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $12,772 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $1,368 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $12,772 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,368 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $2,595,021 | RetainedEarningBOYAmt |
| Retained Earning EOY | $2,471,564 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $2,595,021 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $2,471,564 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $2,607,793 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $2,472,932 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $2,595,021 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$292,060 | ExcessRevenueOverExpensesAmt |
| Other Increases | $168,603 | OtherIncreasesAmt |
| Subtotal | $2,471,564 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $2,471,564 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (27 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| NEWMONT CORPORATION | P | 2022-10-24 | 2023-07-11 | $8,965 | $8,752 | $213 | $213 |
| ABBVIE INC | P | 2020-10-19 | 2023-07-11 | $22,402 | $14,144 | $8,258 | $8,258 |
| APPLE INC | P | 2016-06-24 | 2023-05-05 | $16,869 | $2,283 | $14,586 | $14,586 |
| APPLE INC | P | 2016-06-24 | 2023-07-11 | $60,766 | $7,547 | $53,219 | $53,219 |
| COSTCO WHOLE SALE CORP | P | 2017-06-21 | 2023-07-11 | $35,363 | $10,949 | $24,414 | $24,414 |
| FIRST TRUST EXCHANGE TRADED | P | 2020-06-24 | 2023-07-11 | $15,113 | $10,868 | $4,245 | $4,245 |
| HOME DEPOT INC | P | 2021-02-24 | 2023-07-11 | $18,142 | $15,197 | $2,945 | $2,945 |
| HUMANA INC | P | 2019-07-29 | 2023-07-11 | $15,319 | $9,839 | $5,480 | $5,480 |
| MCDONALDS CORP | P | 2019-11-05 | 2023-05-05 | $16,809 | $10,964 | $5,845 | $5,845 |
| MCDONALDS CORP | P | 2019-11-05 | 2023-07-11 | $9,403 | $6,155 | $3,248 | $3,248 |
| NESTLE SA SPONSORED ADR | P | 2017-03-02 | 2023-07-11 | $10,613 | $6,571 | $4,042 | $4,042 |
| NEXTERA ENERGY INC | P | 2020-06-24 | 2023-07-11 | $17,839 | $15,047 | $2,792 | $2,792 |
| PEPSICO INC | P | 2018-06-01 | 2023-07-11 | $18,340 | $9,999 | $8,341 | $8,341 |
| STARBUCKS CORP | P | 2017-03-02 | 2023-05-05 | $16,879 | $9,106 | $7,773 | $7,773 |
| STARBUCKS CORP | P | 2017-03-02 | 2023-07-11 | $14,773 | $8,423 | $6,350 | $6,350 |
| UNITEDHEALTH GROUP INC | P | 2013-02-06 | 2023-07-11 | $27,700 | $3,429 | $24,271 | $24,271 |
| UNITEDHEALTH GROUP INC | P | 2013-02-06 | 2023-07-11 | $3,693 | $457 | $3,236 | $3,236 |
| VANECK ETF TR | P | 2021-12-07 | 2023-07-11 | $22,333 | $23,370 | -$1,037 | -$1,037 |
| VERIZON COMMUNICATIONS | P | 2017-03-01 | 2023-07-11 | $10,467 | $14,946 | -$4,479 | -$4,479 |
| ALPHABET INC | P | 2010-06-15 | 2023-07-11 | $46,766 | $4,905 | $41,861 | $41,861 |
| SELECT SECTOR SPDR TRUST | P | 2013-10-08 | 2023-07-11 | $28,268 | $10,925 | $17,343 | $17,343 |
| SELECT SECTOR SPDR FUND | P | 2013-10-08 | 2023-07-11 | $16,228 | $5,638 | $10,590 | $10,590 |
| SELECT SECTOR SPDR FUND | P | 2013-11-05 | 2023-07-11 | $8,200 | $3,046 | $5,154 | $5,154 |
| SELECT SECTOR SPDR FUND FINANCIAL | P | 2013-10-02 | 2023-07-11 | $6,798 | $3,388 | $3,410 | $3,410 |
| SELECT SECTOR SPDR FUND FINANCIAL | P | 2013-10-02 | 2023-07-11 | $2,720 | $1,355 | $1,365 | $1,365 |
| SELECT SECTOR SPDR FUND FINANCIAL | P | 2013-10-08 | 2023-07-11 | $11,558 | $5,680 | $5,878 | $5,878 |
| SELECT SECTOR SPDR FUND TECHNOLOGY | P | 2020-06-24 | 2023-07-11 | $18,478 | $11,137 | $7,341 | $7,341 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $266,684 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $3,854 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $3,854 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $3,854 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $4,000 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $2,500 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $6,500 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $2,646 | OverpaymentAmt |
| Applied To ES Tax | $2,646 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
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 | WA | 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 | MIKE GRIFFITH | IndividualWithBooksNm |
| Phone | 4252562662 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O PAR 4 LLC - PO BOX 848 | AddressLine1Txt |
| City | MEDINA | CityNm |
| State Abbreviation | WA | StateAbbreviationCd |
| ZIP | 98039 | 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 | Yes (1) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| 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 (7 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 |
|---|---|---|---|---|---|---|---|---|
| JOHN E BACON | ||||||||
| PO BOX 848 | MEDINA | WA | 98039 | PRESIDENT | 2.00 | $0 | $0 | $0 |
| DEBRA BACON | ||||||||
| PO BOX 848 | MEDINA | WA | 98039 | VICE PRESIDENT | 1.00 | $0 | $0 | $0 |
| MICHAEL V GRIFFITH | ||||||||
| PO BOX 848 | MEDINA | WA | 98039 | SECRETARY/TREASURER | 1.00 | $0 | $0 | $0 |
| JOHN D BACON | ||||||||
| PO BOX 848 | MEDINA | WA | 98039 | DIRECTOR | 10.00 | $20,000 | $0 | $0 |
| JOSEPH A BACON | ||||||||
| PO BOX 848 | MEDINA | WA | 98039 | DIRECTOR | 10.00 | $0 | $0 | $0 |
| ANTHONY R BACON | ||||||||
| PO BOX 848 | MEDINA | WA | 98039 | DIRECTOR | 8.00 | $0 | $0 | $0 |
| ALISSA B BACON | ||||||||
| PO BOX 848 | MEDINA | WA | 98039 | DIRECTOR | 10.00 | $20,000 | $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 |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | THE JOHN AND DEBRA BACON FAMILY FOUNDATION PROVIDES SUPPORT TO OTHER QUALIFIED 501(C)(3) ORGANIZATIONS ALLOWING THEM TO CARRY OUT CHARITABLE ACTIVITIES. ORGANIZATIONS SERVED = 17 | Description1Txt |
| Expenses1 | $473,576 | Expenses1Amt |
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 | $2,495,341 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $112,234 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $2,607,575 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $2,607,575 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $39,114 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $2,568,461 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $128,423 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $128,423 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $3,854 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $3,854 | TotalTaxAmt |
| Distributable Before Adj | $124,569 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $124,569 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $124,569 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $578,690 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $578,690 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $124,569 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $306,645 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $226,692 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $279,652 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $222,448 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $316,589 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $1,352,026 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $578,690 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $124,569 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $454,121 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $1,806,147 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $306,645 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $1,499,502 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $226,692 | ExcessFromYear4Amt |
| Excess From Year3 | $279,652 | ExcessFromYear3Amt |
| Excess From Year2 | $222,448 | ExcessFromYear2Amt |
| Excess From Year1 | $316,589 | ExcessFromYear1Amt |
| Excess From Current Year | $454,121 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | JOHN E BACON | ContributingManagerNm |
| Contributing Manager | DEBRA BACON | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (17 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| BELLEVUE BOYS LACROSSE CLUB | |||||||
| 227 BELLEVUE WAY NE | BELLEVUE | WA | 98004 | NONE | 501(C)(3) EXEMPT ORG | FUNDING OF GENERAL CHARITABLE OPERATIONS | $2,500 |
| BOYS AND GIRLS CLUB | |||||||
| 209 100TH AVENUE NE | BELLEVUE | WA | 98004 | NONE | 501(C)(3) EXEMPT ORG | FUNDING OF GENERAL CHARITABLE OPERATIONS | $100,000 |
| BRIDGE RECEIVING CENTER | |||||||
| PO BOX 2930 | WOODINVILLE | WA | 98072 | NONE | 501(C)(3) EXEMPT ORG | FUNDING OF GENERAL CHARITABLE OPERATIONS | $50,000 |
| EASTSIDE ACADEMY | |||||||
| 1800 100TH AVE NE | BELLEVUE | WA | 98004 | NONE | 501(C)(3) EXEMPT ORG | FUNDING OF GENERAL CHARITABLE OPERATIONS | $50,000 |
| HEALING HEARTS MINISTRIES | |||||||
| 5648 BENSON HARDEE RD | BENSON | NC | 27504 | NONE | 501(C)(3) EXEMPT ORG | FUNDING OF GENERAL CHARITABLE OPERATIONS | $500 |
| JUBILEE REACH | |||||||
| 14200 SE 13TH PLACE | BELLEVUE | WA | 98007 | NONE | 501(C)(3) EXEMPT ORG | FUNDING OF GENERAL CHARITABLE OPERATIONS | $64,850 |
| NO MORE UNDER | |||||||
| 1100 BELLEVUE WAY NE SUITE 81-563 | BELLEVUE | WA | 98004 | NONE | 501(C)(3) EXEMPT ORG | FUNDING OF GENERAL CHARITABLE OPERATIONS | $40,000 |
| RAINIER ATHLETES | |||||||
| 17215 SE 29TH COURT | BELLEVUE | WA | 98008 | NONE | 501(C)(3) EXEMPT ORG | FUNDING OF GENERAL CHARITABLE OPERATIONS | $57,500 |
| SACRED HEART SCHOOL | |||||||
| 9460 NE 14TH ST | CLYDE HILL | WA | 98004 | NONE | 501(C)(3) EXEMPT ORG | FUNDING OF GENERAL CHARITABLE OPERATIONS | $5,000 |
| UNIVERSITY OF WASHINGTON | |||||||
| BOX 359505 | SEATTLE | WA | 98195 | NONE | 501(C)(3) EXEMPT ORG | FUNDING OF GENERAL CHARITABLE OPERATIONS | $30,011 |
| BELLEVUE LIFESPRING | |||||||
| POBOX 50172 | BELLEVUE | WA | 98015 | NONE | 501(C)(3) EXEMPT ORG | FUNDING OF GENERAL CHARITABLE OPERATIONS | $2,798 |
| PUESTA DEL SOL ELEMENTARY PTA (UNIT 2395) | |||||||
| 3810 132ND AVE SE | BELLEVUE | WA | 98008 | NONE | 501(C)(3) EXEMPT ORG | FUNDING OF GENERAL CHARITABLE OPERATIONS | $175 |
| PLYMOUTH HOUSING | |||||||
| 2113 THIRD AVE | SEATTLE | WA | 98121 | NONE | 501(C)(3) EXEMPT ORG | FUNDING OF GENERAL CHARITABLE OPERATIONS | $1,000 |
| LAKE HILL ELEMENTARY | |||||||
| 14310 SE 12TH ST | BELLEVUE | WA | 98007 | NONE | 501(C)(3) EXEMPT ORG | FUNDING OF GENERAL CHARITABLE OPERATIONS | $10,000 |
| STEVENSON ELEMENTARY | |||||||
| 220 NE 8TH AT | BELLEVUE | WA | 98007 | NONE | 501(C)(3) EXEMPT ORG | FUNDING OF GENERAL CHARITABLE OPERATIONS | $10,000 |
| SOLID GROUND | |||||||
| 1501 N 45TH STREET | SEATTLE | WA | 98103 | NONE | 501(C)(3) EXEMPT ORG | FUNDING OF GENERAL CHARITABLE OPERATIONS | $738 |
| BELLEVUE SCHOOLS FOUNDATION | |||||||
| 12241 MAIN ST BLDG 5 | BELLEVUE | WA | 98005 | NONE | 501(C)(3) EXEMPT ORG | FUNDING OF GENERAL CHARITABLE OPERATIONS | $48,504 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $473,576 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $633 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $39,161 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $266,684 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $306,478 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $306,478 | 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 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | JP MORGAN - US MANAGED EQUITY FUNDS | StockNm |
| EOY Book Value | $2,455,291 | EOYBookValueAmt |
| EOYFMV | $2,455,291 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| ADMINISTRATIVE EXPENSE | $50 | $0 | $0 | $50 |
| MEALS AND ENTERTAINMENT | $808 | $0 | $0 | $808 |
| SOFTWARE | $462 | $0 | $0 | $462 |
| MISCELLANEOUS | $11,992 | $0 | $0 | $11,992 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED GAIN/LOSS ON INVESTMENTS | Desc |
| Amt | $168,603 | Amt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PAYROLL LIABILTIES | Desc |
| BOY Book Value | $12,772 | BOYBookValueAmt |
| EOY Book Value | $1,368 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| INVESTMENT ADVISOR FEES | $28,571 | $28,571 | $0 | $0 |
| CONSULTING FEES | $25,254 | $0 | $0 | $25,254 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| FOREIGN TAXES | $626 | $626 | $0 | $0 |
| PAYROLL TAXES | $4,053 | $0 | $0 | $4,053 |
| FEDERAL TAXES | $2,497 | $0 | $0 | $2,497 |
Comments