LAST COCONUT FOUNDATION INC: Form 990PF, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
LAST COCONUT FOUNDATION INC (EIN 30-0189754)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-10-31
IRS object ID
202433059349100003
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 ReturnHeader

FieldValueIRS element (for citing)
Return2024-10-31T05:39:40-07:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Wallington and BauerBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line144 Park Avenue West Suite 101AddressLine1Txt
CityMansfieldCityNm
State AbbreviationOHStateAbbreviationCd
ZIP44902ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN300189754EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Last Coconut Foundation IncBusinessNameLine1Txt
Business Name Line2FKA The Sandel Family FoundationBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlLASTBusinessNameControlTxt
Phone2162140143PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1211 Village WayAddressLine1Txt
CityPanama City BeachCityNm
State AbbreviationFLStateAbbreviationCd
ZIP32413ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMartin L SandelPersonNm
Person TitleTrusteePersonTitleTxt
Signature2024-10-31SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonCharles D BauerPreparerPersonNm
PTINP01332627PTIN
Phone4195222832PhoneNum
Self EmployedYes (X)SelfEmployedInd
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2024-10-15 13:58:12ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$644,155FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$172,250ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$14,677InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$14,677InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$14,677InterestOnSavingsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss-$14,112NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$152,587GrossSalesPriceAmt
Total Rev And Expnss$172,815TotalRevAndExpnssAmt
Total Net Invst Incm$14,677TotalNetInvstIncmAmt
Total Adj Net Incm$14,677TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss$895AccountingFeesRevAndExpnssAmt
Accounting Fees Chrtbl Prps$895AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss$257OtherProfFeesRevAndExpnssAmt
Other Prof Fees Dsbrs Chrtbl$257OtherProfFeesDsbrsChrtblAmt
Taxes Rev And Expnss$62TaxesRevAndExpnssAmt
Taxes Dsbrs Chrtbl$62TaxesDsbrsChrtblAmt
Trav Conf Meeting Rev And Expnss$9,818TravConfMeetingRevAndExpnssAmt
Trav Conf Meeting Dsbrs Chrtbl$9,818TravConfMeetingDsbrsChrtblAmt
Other Expenses Rev And Expnss$202OtherExpensesRevAndExpnssAmt
Other Expenses Dsbrs Chrtbl$202OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$11,234TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$11,234TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$144,950ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$144,950ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$156,184TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$156,184TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$16,631ExcessRevenueOverExpensesAmt
Net Investment Income$14,677NetInvestmentIncomeAmt
Adjusted Net Income$14,677AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$163,281CashBOYAmt
Cash EOY$12,647CashEOYAmt
Cash EOYFMV$12,647CashEOYFMVAmt
Corporate Stock BOY$375,211CorporateStockBOYAmt
Corporate Stock EOY$542,476CorporateStockEOYAmt
Corporate Stock EOYFMV$601,505CorporateStockEOYFMVAmt
Other Assets BOY$30,003OtherAssetsBOYAmt
Other Assets EOY$30,003OtherAssetsEOYAmt
Other Assets EOYFMV$30,003OtherAssetsEOYFMVAmt
Total Assets BOY$568,495TotalAssetsBOYAmt
Total Assets EOY$585,126TotalAssetsEOYAmt
Total Assets EOYFMV$644,155TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$568,495NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$585,126NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$568,495TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$585,126TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$568,495TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$585,126TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$568,495TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$16,631ExcessRevenueOverExpensesAmt
Subtotal$585,126SubtotalAmt
Tot Net Ast Or Fund Balances EOY$585,126TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
PropertyInvestmentsPropertyDesc
How AcquiredPHowAcquiredCd
Acquired2022-01-01AcquiredDt
Sold2023-12-31SoldDt
Gross Sales Price$152,587GrossSalesPriceAmt
Cost Or Other Basis$166,699CostOrOtherBasisAmt
Gain Or Loss-$14,112GainOrLossAmt
Gains Minus Excess Or Losses-$14,112GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income-$14,112CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$204InvestmentIncomeExciseTaxAmt
Subtotal$204SubtotalAmt
Tax Based On Investment Income$204TaxBasedOnInvestmentIncomeAmt
Tax Due$204TaxDueAmt
Applied To ES Tax$0AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedfalseSection508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1Martin L SandelBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2162140143PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1211 Village WayAddressLine1Txt
CityPanama City BeachCityNm
State AbbreviationFLStateAbbreviationCd
ZIP32413ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Acts Fail To Qlfy As ExceptionsfalseActsFailToQlfyAsExceptionsInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
Martin L Sandel
211 Village WayPanama City BeachFL32413Trustee0.00$0
Karen A Sandel
211 Village WayPanama City BeachFL32413Trustee0.00$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1N/A - Private Non-Operating FoundationDescription1Txt
Expenses1$0Expenses1Amt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$0AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$0TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$0AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$0CashDeemedCharitableAmt
Net Vl Noncharitable Assets$0NetVlNoncharitableAssetsAmt
Minimum Investment Return$0MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Tax Based On Investment Income$204TaxBasedOnInvestmentIncomeAmt
Total Tax$204TotalTaxAmt
Distributable Before Adj$204DistributableBeforeAdjAmt
Distributable Before Ded$204DistributableBeforeDedAmt
Distributable As Adjusted$0DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$156,184ExpensesAndContributionsAmt
Qualifying Distributions$156,184QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$0DistributableAsAdjustedAmt
Excess Distribution Cyov Yr2$42,500ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$90,605ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$133,105TotalExcessDistributionCyovAmt
Qualifying Distributions$156,184QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Remaining Distri From Corpus$156,184RemainingDistriFromCorpusAmt
Total Corpus$289,289TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$289,289ExcessDistriCyovToNextYrAmt
Excess From Year2$42,500ExcessFromYear2Amt
Excess From Year1$90,605ExcessFromYear1Amt
Excess From Current Year$156,184ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (3 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmtRecipient RelationshipRecipientRelationshipTxt
Bethany Chapel
404 N President StWheatonIL60187EOFCharitable causes$13,000
Third Ladder
3070 Windward Plaza Suite F-835AlpharettaGA30005EOFCharitable causes$127,500
Friends of SAIACS
1799 Winchester BlvdCampbellCA95008EOFCharitable Purposes$4,450None
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$144,950TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$14,677RelatedOrExemptFunctionIncmAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm-$14,112RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$565RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$565TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum
Contributor PersonMartin SandelContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1211 Village WayAddressLine1Txt
CityPanama City BeachCityNm
State AbbreviationFLStateAbbreviationCd
ZIP32413ZIPCd
FieldValueIRS element (for citing)
Total Contributions$170,000TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
Amt$895Amt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$895DisbursementsCharitablePrpsAmt

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp

FieldValueIRS element (for citing)
DescFurnitureDesc
BOY Book Value$30,003BOYBookValueAmt
EOY Book Value$30,003EOYBookValueAmt
EOYFMV$30,003EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp

FieldValueIRS element (for citing)
DescOffice ExpensesDesc
Revenue And Expenses Per Books$202RevenueAndExpensesPerBooksAmt
Disbursements Charitable Prps$202DisbursementsCharitablePrpsAmt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryFeesCategoryTxt
Amt$257Amt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$257DisbursementsCharitablePrpsAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
Amt$62Amt
Disbursements Charitable Prps$62DisbursementsCharitablePrpsAmt

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