THOMPSON CHARIS FOUNDATION: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- THOMPSON CHARIS FOUNDATION (EIN 47-2423100)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-11-15
- IRS object ID
- 202403209349106925
- 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
- Amortization Schedule
- Expenditure Responsibility Stmt
- General Explanation Attachment
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-11-15T16:57:53-06:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 251793385 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CORLESS & ASSOCIATES | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 707 GRANT STREET 2800 GULF TOWER | AddressLine1Txt |
| City | PITTSBURGH | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 15219 | 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 | 472423100 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THOMPSON CHARIS FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | THOM | BusinessNameControlTxt |
| Phone | 4129997895 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3 FOX HILL FARM ROAD | AddressLine1Txt |
| City | SEWICKLEY | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 15143 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | LEROY THOMPSON JR | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 4127419671 | PhoneNum |
| Signature | 2024-11-15 | 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 | MICHAEL J CORLESS CPA | PreparerPersonNm |
| PTIN | P00477349 | PTIN |
| Phone | 4127085926 | PhoneNum |
| Self Employed | Yes (X) | SelfEmployedInd |
| 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) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $229,932 | 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 | $0 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $171 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $171 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $17,293 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $17,293 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$36,746 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $220,000 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | -$19,282 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $17,464 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $51,457 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $13,057 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $12,000 | CompOfcrDirTrstDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $124 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $0 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $1,755 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Other Expenses Rev And Expnss | $773 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $499 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $54,109 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $13,556 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $12,000 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $210,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $210,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $264,109 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $13,556 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $222,000 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$283,391 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $3,908 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | -$4 | CashBOYAmt |
| Cash EOY | $16 | CashEOYAmt |
| Cash EOYFMV | $16 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $39,837 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $13,945 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $13,945 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $33,548 | CorporateStockBOYAmt |
| Corporate Stock EOY | $33,548 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $19,523 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $443,438 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $186,193 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $194,558 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $2,164 | OtherAssetsBOYAmt |
| Other Assets EOY | $1,890 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $1,890 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $518,983 | TotalAssetsBOYAmt |
| Total Assets EOY | $235,592 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $229,932 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | 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 | $518,983 | RetainedEarningBOYAmt |
| Retained Earning EOY | $235,592 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $518,983 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $235,592 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $518,983 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $235,592 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $518,983 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$283,391 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $235,592 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $235,592 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|
| LORD ABBETT HIGH YIELD - 3225 SHS | 2017-06-02 | 2023-04-20 | $20,000 | $24,897 | -$4,897 | -$4,897 |
| LORD ABBETT HIGH YIELD - 24429 SHS | 2017-06-02 | 2023-09-13 | $150,000 | $186,498 | -$36,498 | -$36,498 |
| LORD ABBETT MULTI-ASSET INCOME - 3443 SHS | 2016-02-01 | 2023-09-13 | $50,000 | $45,351 | $4,649 | $4,649 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$36,746 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $54 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $54 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $54 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $0 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $0 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Tax Due | $54 | TaxDueAmt |
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 | PA | 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 | LEROY THOMPSON JR | IndividualWithBooksNm |
| Phone | 4123272578 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3 FOX HILL FARM ROAD | AddressLine1Txt |
| City | SEWICKLEY | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 15143 | 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 | Yes (1) | 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 | Yes (1) | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | Yes (1) | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | Yes (1) | MaintainedExpenditureRspnsInd |
| 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 (4 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 |
|---|---|---|---|---|---|---|---|---|
| LEROY THOMPSON JR | ||||||||
| 3 FOXHILL FARM ROAD | SEWICKLEY | PA | 15143 | PRESIDENT | 0.50 | $0 | $0 | $0 |
| LAUREN THOMPSON | ||||||||
| 3 FOXHILL FARM ROAD | SEWICKLEY | PA | 15143 | SECRETARY | 3.00 | $12,000 | $0 | $0 |
| RYAN THOMPSON | ||||||||
| 3 FOXHILL FARM ROAD | SEWICKLEY | PA | 15143 | TREASURER | 0.50 | $39,457 | $0 | $0 |
| BRAD BEGGS | ||||||||
| 3 FOXHILL FARM ROAD | SEWICKLEY | PA | 15143 | DIRECTOR | 0.50 | $0 | $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 |
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 | $356,035 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $31,524 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $387,559 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $387,559 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $5,813 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $381,746 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $19,087 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $19,087 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $54 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $54 | TotalTaxAmt |
| Distributable Before Adj | $19,033 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $19,033 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $19,033 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $222,000 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $222,000 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $19,033 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $36,195 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $35,383 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $21,919 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $81,798 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $6,460 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $181,755 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $222,000 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $19,033 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $202,967 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $384,722 | 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 | $36,195 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $348,527 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $35,383 | ExcessFromYear4Amt |
| Excess From Year3 | $21,919 | ExcessFromYear3Amt |
| Excess From Year2 | $81,798 | ExcessFromYear2Amt |
| Excess From Year1 | $6,460 | ExcessFromYear1Amt |
| Excess From Current Year | $202,967 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | LEROY THOMPSON JR | ContributingManagerNm |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | LAUREN THOMPSON | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3 FOXHILL FARM ROAD | AddressLine1Txt |
| City | SEWICKLEY | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 15143 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 4129997895 | RecipientPhoneNum |
| Form And Info And Materials | APPLICATION SHOULD BE IN WRITING AND STATE THE NAME OF THE ORGANIZATION, WITH SOME BACKGROUND INFORMATION AS TO THE ORGANIZATIONS CHARITABLE PURPOSE AND REASON FOR, AND THE EXPECTED BENEFITS OF THE GIFT REQUEST. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | NONE | SubmissionDeadlinesTxt |
| Restrictions On Awards | NONE | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (4 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| NORTH WAY CHRISTIAN COMMUNITY | ||||||
| 12121 PERRY HIGHWAY | WEXFORD | PA | 15090 | PC | TO FURTHER VISION OF CREATING CHRISTIAN COMMUNITY | $30,000 |
| THE DR JAY PASSAVANT FAMILY FOUNDATION | ||||||
| 8 FIELDVUE LANE | SEWICKLEY | PA | 15215 | POF | TO DIGITIZE AND DESSEMINATE THE SPIRITUAL TEACHINGS OF THE LATE DR. JAY PASSAVANT. | $40,000 |
| THE DR JAY PASSAVANT FAMILY FOUNDATION | ||||||
| 8 FIELDVUE LANE | SEWICKLEY | PA | 15215 | POF | SERMON ARCHIVE PROJECT - TO DIGTIZE AND DESSEMINATE THE SPIRITUAL TEACHINGS OF THE LATE DR. JAY PASSAVANT. | $40,000 |
| THE DR JAY PASSAVANT FAMILY FOUNDATION | ||||||
| 8 FIELDVUE LANE | SEWICKLEY | PA | 15215 | POF | PITTSBURGH HOLIDAY BANQUET FOR THE UNDERSERVED IN THE COMMUNITY (1,500 ATTENDEES) TO SPREAD THE WORD OF GOD AND SHARE THE LOVE OF CHRIST THROUGH A COMMUNITY CHRISTMAS DINNER/EVENT. | $100,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $210,000 | 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 | $171 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $17,293 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$36,746 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | -$19,282 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | -$19,282 | 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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $1,755 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Amortization Schedule AmortizationSchedule
Amortization Schedule Detail AmortizationScheduleDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amortized Expenses | ORGANIZATION COSTS | AmortizedExpensesDesc |
| Acquired Completed Or Expended | 2015-11-30 | AcquiredCompletedOrExpendedDt |
| Amortized | $4,105 | AmortizedAmt |
| Deduction For Prior Years | $1,941 | DeductionForPriorYearsAmt |
| Amortization Period | 180.000000000000 | AmortizationPeriodRt |
| Current Year Amortization | $274 | CurrentYearAmortizationAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Total Amortization | $2,215 | TotalAmortizationAmt |
Expenditure Responsibility Stmt ExpenditureResponsibilityStmt
Expenditure Responsibility ExpenditureResponsibilityGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | GrantGrantDt | GrantGrantAmt | Purpose Of GrantPurposeOfGrantTxt | Expended By GranteeExpendedByGranteeAmt | Any Diversion By GranteeAnyDiversionByGranteeTxt | Dates Of Reports By GranteeDatesOfReportsByGranteeTxt | VerificationVerificationDt | Results Of VerificationResultsOfVerificationTxt |
|---|---|---|---|---|---|---|---|---|---|---|---|
| THE DR JAY PASSAVANT FAMILY FOUNDATION | |||||||||||
| 8 FIELDVUE LN | PITTSBURGH | PA | 15215 | 2023-05-01 | $40,000 | TO DIGITIZE AND DISSEMINATE THE SPIRITUAL TEACHINGS OF THE LATE DR. JAY PASSAVANT. | $700 | NO | NOVEMBER 10TH, 2024 | 2024-11-10 | TAXPAYER WAS NOT INITIALLY IN COMPLIANCE WITH THE EXPENDITURE RESPONSIBILITY REQUIREMENTS OF IRC SEC 4945(H). SPECIFICALLY, THE WRITTEN REQUIREMENT FOR THE GRANTEE, PRIVATE FOUNDATION, TO REPAY THE PORTION OF A GRANT WHICH WAS NOT USED FOR THE PURPOSE OF THE GRANT. SUBSEQUENTLY ON NOVEMBER 10TH, 2024, THE TAXPAYER RECIEVED A CONFIRMATION LETTER FROM THE GRANTEE WHICH IN WRITING CONFIRMED THE REQUIREMENT TO REPAY THE PORTION OF A GRANT WHICH WAS NOT USED FOR THE PURPOSE OF THE GRANT. ALSO THE GRANTEE CONFIRMED IN THE LETTER OF NOVEMBER 10TH, 2024, THE GRANTEE'S RESPONSIBILITY TO SUBMIT FULL AND COMPLETE ANNUAL REPORTS ON THE MANNER IN WHICH THE FUNDS WERE SPENT AND THE PROGRESS MADE IN ACCOMPLISHING THE PURPOSES OF THE GRANT, AND TO SUBMIT THESE REPORTS UNTIL ALL FUNDS HAVE BEEN EXPENDED FOR THE GRANT PURPOSE AND/OR RETURNED TO THE TAXPAYER.THE TAXPAYER BELIEVES THEY ARE NOW IN FULL COMPLIANCE WITH THE EXPENDITURE RESPONSIBILITY REQUIREMENTS OF IRC SEC 4945(H). |
| THE DR JAY PASSAVANT FAMILY FOUNDATION | |||||||||||
| 8 FIELDVUE LN | PITTSBURGH | PA | 15215 | 2023-09-26 | $40,000 | SERMON ARCHIVE PROJECT | $0 | NO | NOVEMBER 10TH, 2024 | TAXPAYER WAS NOT INITIALLY IN COMPLIANCE WITH THE EXPENDITURE RESPONSIBILITY REQUIREMENTS OF IRC SEC 4945(H). SPECIFICALLY, THE WRITTEN REQUIREMENT FOR THE GRANTEE, PRIVATE FOUNDATION, TO REPAY THE PORTION OF A GRANT WHICH WAS NOT USED FOR THE PURPOSE OF THE GRANT. SUBSEQUENTLY ON NOVEMBER 10TH, 2024, THE TAXPAYER RECIEVED A CONFIRMATION LETTER FROM THE GRANTEE WHICH IN WRITING CONFIRMED THE REQUIREMENT TO REPAY THE PORTION OF A GRANT WHICH WAS NOT USED FOR THE PURPOSE OF THE GRANT. ALSO THE GRANTEE CONFIRMED IN THE LETTER OF NOVEMBER 10TH, 2024, THE GRANTEE'S RESPONSIBILITY TO SUBMIT FULL AND COMPLETE ANNUAL REPORTS ON THE MANNER IN WHICH THE FUNDS WERE SPENT AND THE PROGRESS MADE IN ACCOMPLISHING THE PURPOSES OF THE GRANT, AND TO SUBMIT THESE REPORTS UNTIL ALL FUNDS HAVE BEEN EXPENDED FOR THE GRANT PURPOSE AND/OR RETURNED TO THE TAXPAYER.THE TAXPAYER BELIEVES THEY ARE NOW IN FULL COMPLIANCE WITH THE EXPENDITURE RESPONSIBILITY REQUIREMENTS OF IRC SEC 4945(H). | |
| THE DR JAY PASSAVANT FAMILY FOUNDATION | |||||||||||
| 8 FIELDVUE LN | PITTSBURGH | PA | 15215 | 2023-09-26 | $100,000 | PITTSBURGH HOLIDAY BANQUET FOR THE UNDERSERVED IN THE COMMUNITY (1500 ATTENDEES) TO SPREAD THE WORD OF GOD AND SHARE THE LOVE OF CHRIST THROUGH A COMMUNITY CHRISTMAS DINNER/EVENT. | $60,000 | NO | NOVEMBER 10TH, 2024 | 2024-11-10 | TAXPAYER WAS NOT INITIALLY IN COMPLIANCE WITH THE EXPENDITURE RESPONSIBILITY REQUIREMENTS OF IRC SEC 4945(H). SPECIFICALLY, THE WRITTEN REQUIREMENT FOR THE GRANTEE, PRIVATE FOUNDATION, TO REPAY THE PORTION OF A GRANT WHICH WAS NOT USED FOR THE PURPOSE OF THE GRANT. SUBSEQUENTLY ON NOVEMBER 10TH, 2024, THE TAXPAYER RECIEVED A CONFIRMATION LETTER FROM THE GRANTEE WHICH IN WRITING CONFIRMED THE REQUIREMENT TO REPAY THE PORTION OF A GRANT WHICH WAS NOT USED FOR THE PURPOSE OF THE GRANT. ALSO THE GRANTEE CONFIRMED IN THE LETTER OF NOVEMBER 10TH, 2024, THE GRANTEE'S RESPONSIBILITY TO SUBMIT FULL AND COMPLETE ANNUAL REPORTS ON THE MANNER IN WHICH THE FUNDS WERE SPENT AND THE PROGRESS MADE IN ACCOMPLISHING THE PURPOSES OF THE GRANT, AND TO SUBMIT THESE REPORTS UNTIL ALL FUNDS HAVE BEEN EXPENDED FOR THE GRANT PURPOSE AND/OR RETURNED TO THE TAXPAYER.THE TAXPAYER BELIEVES THEY ARE NOW IN FULL COMPLIANCE WITH THE EXPENDITURE RESPONSIBILITY REQUIREMENTS OF IRC SEC 4945(H). |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | EXPENDITURE RESPONSIBILITY UNDER IRC SEC 4945(H) | IdentifierTxt |
| Form And Line Reference | PART VI-B, LINES 5A(4),5B,AND 5D | FormAndLineReferenceDesc |
| Medium Explanation | TAXPAYER WAS NOT INITIALLY IN COMPLIANCE WITH THE EXPENDITURE RESPONSIBILITY REQUIREMENTS OF IRC SEC 4945(H). SPECIFICALLY, THE WRITTEN REQUIREMENT FOR THE GRANTEE, PRIVATE FOUNDATION, TO REPAY THE PORTION OF A GRANT WHICH WAS NOT USED FOR THE PURPOSE OF THE GRANT. SUBSEQUENTLY ON NOVEMBER 10TH, 2024, THE TAXPAYER RECIEVED A CONFIRMATION LETTER FROM THE GRANTEE WHICH IN WRITING CONFIRMED THE REQUIREMENT TO REPAY THE PORTION OF A GRANT WHICH WAS NOT USED FOR THE PURPOSE OF THE GRANT. ALSO THE GRANTEE CONFIRMED IN THE LETTER OF NOVEMBER 10TH, 2024, THE GRANTEE'S RESPONSIBILITY TO SUBMIT FULL AND COMPLETE ANNUAL REPORTS ON THE MANNER IN WHICH THE FUNDS WERE SPENT AND THE PROGRESS MADE IN ACCOMPLISHING THE PURPOSES OF THE GRANT, AND TO SUBMIT THESE REPORTS UNTIL ALL FUNDS HAVE BEEN EXPENDED FOR THE GRANT PURPOSE AND/OR RETURNED TO THE TAXPAYER.THE TAXPAYER BELIEVES THEY ARE NOW IN FULL COMPLIANCE WITH THE EXPENDITURE RESPONSIBILITY REQUIREMENTS OF IRC SEC 4945(H). | MediumExplanationTxt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| AT&T INC | $25,694 | $16,780 |
| WARNER BROTHERS DISCOVERY | $7,854 | $2,743 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (2 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| LORD ABBETT HIGH YIELD | AT COST | $60,015 | $50,654 |
| LORD ABBETT MULTI ASSET | AT COST | $126,178 | $143,904 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $124 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ORGANIZATION COSTS | Desc |
| BOY Book Value | $2,164 | BOYBookValueAmt |
| EOY Book Value | $1,890 | EOYBookValueAmt |
| EOYFMV | $1,890 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| NON DIVIDEND DISTRIBUTION RECOVERY | $499 | $499 | $0 |
| AMORTIZATION | $274 | $0 | $0 |
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