DREXEL FUNDS: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- DREXEL FUNDS (EIN 46-5768451)
- Tax period
- 2023-07-01 to 2023-12-31
- Filed
- 2024-11-13
- IRS object ID
- 202433189349102523
- 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
- Accounting Fees Schedule
- Investments Govt Obligations Sch
- Legal Fees Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Liabilities Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-11-13T13:18:48-06:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 410746749 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CLIFTONLARSONALLEN LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10401 W INNOVATION DR STE 300 | AddressLine1Txt |
| City | WAUWATOSA | CityNm |
| State Abbreviation | WI | StateAbbreviationCd |
| ZIP | 53226 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2023-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 465768451 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE DREXEL FUND | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | DREX | BusinessNameControlTxt |
| Phone | 6177788118 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 212 BROADWAY EAST 22777 | AddressLine1Txt |
| City | SEATTLE | CityNm |
| State Abbreviation | WA | StateAbbreviationCd |
| ZIP | 98102 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MARK GLEASON | PersonNm |
| Person Title | PARTNER | PersonTitleTxt |
| Phone | 6177788118 | PhoneNum |
| Signature | 2024-11-12 | 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 | KRISTEN DONLEVY | PreparerPersonNm |
| PTIN | P01670215 | PTIN |
| Phone | 4144761880 | PhoneNum |
| Preparation | 2024-11-12 | 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) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $17,453,395 | 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 | $5,133,941 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $105,469 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $105,469 | InterestOnSavNetInvstIncmAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $7,000 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $0 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $5,246,410 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $105,469 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $385,197 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $38,520 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $346,677 | CompOfcrDirTrstDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $124,805 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $0 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $124,805 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $9,823 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $9,823 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $67,600 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $67,600 | AccountingFeesChrtblPrpsAmt |
| Trav Conf Meeting Rev And Expnss | $98,463 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $98,463 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $37,334 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $37,334 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $723,222 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $38,520 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $684,702 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $2,766,971 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $2,766,971 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $3,490,193 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $38,520 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $3,451,673 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $1,756,217 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $66,949 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $664,654 | CashBOYAmt |
| Cash EOY | $1,031,404 | CashEOYAmt |
| Cash EOYFMV | $1,031,404 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $1,341,210 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $1,731,814 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $1,731,814 | SavAndTempCashInvstEOYFMVAmt |
| Pledges Rcvbl | $8,399,632 | PledgesRcvblAmt |
| Pledges Rcvbl BOY | $10,071,538 | PledgesRcvblBOYAmt |
| Pledges Rcvbl EOY | $8,399,632 | PledgesRcvblEOYAmt |
| Pledges Rcvbl EOYFMV | $8,399,632 | PledgesRcvblEOYFMVAmt |
| Other Nts And Loans Rcvbl | $1,365,261 | OtherNtsAndLoansRcvblAmt |
| Other Rcvbl Allwnc Dbtfl Acct | $0 | OtherRcvblAllwncDbtflAcctAmt |
| Other Nts And Loans Rcvbl BOY | $0 | OtherNtsAndLoansRcvblBOYAmt |
| Other Nts And Loans Rcvbl EOY | $1,365,261 | OtherNtsAndLoansRcvblEOYAmt |
| Other Nts And Loans Rcvbl EOYFMV | $1,365,261 | OtherNtsAndLoansRcvblEOYFMVAmt |
| Prepaid Expenses BOY | $11,734 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $4,984 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $4,984 | PrepaidExpensesEOYFMVAmt |
| US Government Obligations BOY | $4,699,912 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $4,920,300 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $4,920,300 | USGovtObligationsEOYFMVAmt |
| Total Assets BOY | $16,789,048 | TotalAssetsBOYAmt |
| Total Assets EOY | $17,453,395 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $17,453,395 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $95,658 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $51,710 | AccountsPayableEOYAmt |
| Grants Payable BOY | $1,238,255 | GrantsPayableBOYAmt |
| Grants Payable EOY | $1,171,291 | GrantsPayableEOYAmt |
| Other Liabilities BOY | $1,000,000 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $0 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $2,333,913 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,223,001 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $1,803,546 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $5,221,507 | NoDonorRstrNetAssestsEOYAmt |
| Donor Rstr Net Assets BOY | $12,651,589 | DonorRstrNetAssetsBOYAmt |
| Donor Rstr Net Assets EOY | $11,008,887 | DonorRstrNetAssetsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $14,455,135 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $16,230,394 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $16,789,048 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $17,453,395 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $14,455,135 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $1,756,217 | ExcessRevenueOverExpensesAmt |
| Other Increases | $19,042 | OtherIncreasesAmt |
| Subtotal | $16,230,394 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $16,230,394 | TotNetAstOrFundBalancesEOYAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $931 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $931 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $931 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $5,011 | 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 | $5,011 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $4,080 | OverpaymentAmt |
| Applied To ES Tax | $4,080 | 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 | 0 | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | CA | 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 | WWW.DREXELFUND.ORG | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JOHN ERIKSEN | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6177788118 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 212 BROADWAY EAST 22777 | AddressLine1Txt |
| City | SEATTLE | CityNm |
| State Abbreviation | WA | StateAbbreviationCd |
| ZIP | 98102 | 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 | Yes (1) | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | 0 | TransactionsFailToQlfyAsExcInd |
| 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 (9 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 |
|---|---|---|---|---|---|---|---|---|
| BJ CASSIN | ||||||||
| 212 BROADWAY EAST 22777 | SEATTLE | WA | 98102 | CHAIRMAN | 2.00 | $0 | $0 | $0 |
| THOMAS J HEALEY | ||||||||
| 212 BROADWAY EAST 22777 | SEATTLE | WA | 98102 | TREASURER | 2.00 | $0 | $0 | $0 |
| NICK HOWLEY | ||||||||
| 212 BROADWAY EAST 22777 | SEATTLE | WA | 98102 | TRUSTEE | 2.00 | $0 | $0 | $0 |
| DARREN JACKSON | ||||||||
| 212 BROADWAY EAST 22777 | SEATTLE | WA | 98102 | SECRETARY | 2.00 | $0 | $0 | $0 |
| MICHAEL MESSNER | ||||||||
| 212 BROADWAY EAST 22777 | SEATTLE | WA | 98102 | TRUSTEE | 2.00 | $0 | $0 | $0 |
| DARLA ROMFO | ||||||||
| 212 BROADWAY EAST 22777 | SEATTLE | WA | 98102 | TRUSTEE | 2.00 | $0 | $0 | $0 |
| ABIGAIL SCHUMWINGER | ||||||||
| 212 BROADWAY EAST 22777 | SEATTLE | WA | 98102 | TRUSTEE | 2.00 | $0 | $0 | $0 |
| CHRISTOPHER WILSON | ||||||||
| 212 BROADWAY EAST 22777 | SEATTLE | WA | 98102 | TRUSTEE | 2.00 | $0 | $0 | $0 |
| JOHN ERIKSEN | ||||||||
| 212 BROADWAY EAST 22777 | SEATTLE | WA | 98102 | MANAGING PARTNER | 40.00 | $271,777 | $29,934 | $0 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee BenefitsEmployeeBenefitsAmt | Expense AccountExpenseAccountAmt |
|---|---|---|---|---|---|---|---|---|
| MARK GLEASON | ||||||||
| 212 BROADWAY EAST 22777 | SEATTLE | WA | 98102 | PARTNER | 40.00 | $199,642 | $0 | $0 |
| ERIC OGLESBEE | ||||||||
| 212 BROADWAY EAST 22777 | SEATTLE | WA | 98102 | FOUNDERS PROGRAM DIR | 40.00 | $116,754 | $0 | $0 |
| AARUSHI PRABHAKAR | ||||||||
| 212 BROADWAY EAST 22777 | SEATTLE | WA | 98102 | INVESTMENT DIRECTOR | 40.00 | $98,019 | $0 | $0 |
| HEATHER BOKON | ||||||||
| 212 BROADWAY EAST 22777 | SEATTLE | WA | 98102 | DIRECTOR OF OPERATIO | 40.00 | $55,786 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 | $4,785,814 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $2,244,394 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $7,030,208 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $7,030,208 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $105,453 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $6,924,755 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $174,538 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $174,538 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $931 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $931 | TotalTaxAmt |
| Distributable Before Adj | $173,607 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $173,607 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $173,607 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $3,451,673 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $3,451,673 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $173,607 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr2 | $3,449,045 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $4,977,230 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $8,426,275 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $3,451,673 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $173,607 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $3,278,066 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $11,704,341 | 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 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $11,704,341 | ExcessDistriCyovToNextYrAmt |
| Excess From Year2 | $3,449,045 | ExcessFromYear2Amt |
| Excess From Year1 | $4,977,230 | ExcessFromYear1Amt |
| Excess From Current Year | $3,278,066 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (31 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| ALISON RINI (STAR LAB) | ||||||
| 1254 RIEGELS LANDING DRIVE | SIESTA KEY | FL | 34242 | PC | GENERAL SUPPORT GRANT | $50,000 |
| ARCADIA CHRISTIAN ACADEMY | ||||||
| 1006 NORTH BREVARD AVENUE | ARCADIA | FL | 34266 | PC | FIRST BAPTIST CHURCH OF ARCADIA GENERAL SUPPORT GRANT | $100,000 |
| AZALEA MONTESSORI SCHOOL | ||||||
| 4502 CARTER AVENUE | CINCINNATI | OH | 45212 | PC | GENERAL SUPPORT GRANT | $15,000 |
| CATHOLIC INNER-CITY SCHOOLS EDUCATION | ||||||
| 100 EAST EIGHTH STREET | CINCINNATI | OH | 45202 | PC | CISE PLANNING GRANT | $15,000 |
| COOLANU INC | ||||||
| 875 NORTHEAST 178TH STREET | MIAMI | FL | 33162 | PC | COOLANU INC (SHORASHIM ACADEMY) GENERAL SUPPORT GRANT | $100,000 |
| CRISTO REY MIAMI HIGH SCHOOL | ||||||
| 125 NE 119TH ST | MIAMI | FL | 33161 | PC | GENERAL SUPPORT GRANT | $137,000 |
| CRISTO REY RESEARCH TRIANGLE HS NC | ||||||
| 334 BLACKWELL STREET G100 | DURHAM | NC | 27701 | PC | GENERAL SUPPORT GRANT | $237,500 |
| DESERT PEACH MONTESSORI SCHOOL | ||||||
| 627 SUNNYSIDE DRIVE | RENO | NV | 89503 | PC | GENERAL SUPPORT GRANT | $2,500 |
| HOPE YOUTH RANCH | ||||||
| 17933 EAST ROAD | HUDSON | FL | 34667 | PC | GENERAL SUPPORT GRANT | $15,000 |
| ICON PREPARATORY SCHOOL | ||||||
| 2202 NORTH HAROLD AVENUE | TAMPA | FL | 33607 | PC | GENERAL SUPPORT GRANT | $100,000 |
| IGNITE CLASSICAL SCHOOL | ||||||
| 5340 JEWELLA AVENUE | SHREVEPORT | LA | 71109 | PC | IGNITE CLASSICAL SCHOOL GENERAL GRANT | $48,000 |
| INFINITE POTENTIAL LEARNING ACADEMY | ||||||
| 1900 12TH STREET SOUTH | ST PETERSBURG | FL | 33705 | PC | INFINITE POTENTIAL LEARNING ACADEMY GENERAL SUPPORT GRANT | $25,000 |
| JACK PANNELL | ||||||
| 689 KIMBALL PLACE | COLUMBUS | OH | 43205 | PC | GENERAL SUPPORT GRANT | $4,947 |
| JENNIFER CIMINO (SUMMIT CHRISTIAN ACADEMY) | ||||||
| N3650 350TH STREET | MENOMONIE | WI | 54751 | PC | GENERAL SUPPORT GRANT | $37,500 |
| JULIE BILLIART | ||||||
| 8611 WIESE ROAD | BRECKSVILLE | OH | 44141 | PC | GENERAL SUPPORT GRANT | $250,000 |
| KENOSHA CHRISTIAN ACADEMY | ||||||
| 6410 25TH AVENUE | KENOSHA | WI | 53143 | PC | GENERAL SUPPORT GRANT | $25,000 |
| LIBERTAS SCHOOL | ||||||
| 3777 EDENBURG DRIVE | MEMPHIS | TN | 38127 | PC | LIBERTAS SCHOOL PLANNING GRANT | $20,000 |
| LIBERTY ACADEMY | ||||||
| 12233 WEBBS WAY | COLUMBUS | IN | 47203 | PC | LIBERTY ACADEMY GENERAL SUPPORT GRANT | $75,000 |
| LIFT ACADEMY | ||||||
| 1005 S HIGHLAND AVENUE | CLEARWATER | FL | 33756 | PC | LIFT ACADEMY GENERAL SUPPORT GRANT | $75,000 |
| LYDIA SCHUMAKE (BE ACADEMY) | ||||||
| 807 RIVERCHASE BLVD | MADISON | TN | 37115 | PC | GENERAL SUPPORT GRANT | $37,000 |
| MONICA EVANS | ||||||
| 9137 MICHIGAN DRIVE | CROWN POINT | IN | 46307 | I | MONICA EVANS FOUNDERS PROGRAM GRANT | $22,800 |
| NOTRE DAME SCHOOL OF MILWAUKEE | ||||||
| 2604 W ORCHARD STREET | MILWAUKEE | WI | 53204 | PC | GENERAL SUPPORT GRANT | $125,000 |
| SETON EDUCATION PARTNERS | ||||||
| 1562 FIRST AVENUE NO 205-2219 | NEW YORK | NY | 10028 | PC | GENERAL SUPPORT GRANT | $67,000 |
| ST AUGUSTINE PREPARATORY ACADEMY | ||||||
| 2607 SOUTH 5TH STREET | MILWAUKEE | WI | 53207 | PC | GENERAL SUPPORT GRANT | $425,000 |
| ST MARTIN DE PORRES | ||||||
| 6202 SAINT CLAIR AVENUE | CLEVELAND | OH | 44103 | PC | ST MARTIN DE PORRES PLANNING GRANT | $25,000 |
| STARS AUTISM SCHOOLS FOUNDATION | ||||||
| 10870 SW113 PLACE | MIAMI | FL | 33176 | PC | GENERAL SUPPORT GRANT | $70,000 |
| THE BASILICA SCHOOL OF ST MARY STAR OF THE SEA | ||||||
| 700 TRUMAN AVENUE | KEY WEST | FL | 33040 | PC | GENERAL SUPPORT GRANT | $125,000 |
| THE ECCLESIAL SCHOOLS INITIATIVE INC | ||||||
| 849 MATTOCKS COURT | CASSELBERRY | FL | 32707 | PC | GENERAL SUPPORT GRANT | $130,000 |
| THE LINK SCHOOL | ||||||
| 4562 DOWNING DRIVE | BATON ROUGE | LA | 70809 | PC | THE LINK SCHOOL GENERAL SUPPORT GRANT | $125,000 |
| TUSCULUM HILLS BAPTIST CHURCH | ||||||
| 4930 NOLENSVILLE PIKE | NASHVILLE | TN | 37211 | PC | GENERAL SUPPORT GRANT | $125,000 |
| WESTSIDE CHRISTIAN SCHOOL | ||||||
| 2435 EAKIN ROAD | COLUMBUS | OH | 43204 | PC | GENERAL SUPPORT GRANT | $20,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $2,629,247 | 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 | $105,469 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER REVENUE | Desc |
| Exclusion | 01 | ExclusionCd |
| Exclusion | $7,000 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $112,469 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $112,469 | 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 |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (7 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd |
|---|---|---|---|---|---|---|
| THE HASLAM 3 FOUNDATION INC | ||||||
| 1 | P O BOX 10573 | KNOXVILLE | TN | 37939 | $250,000 | Yes (X) |
| THE MCCAUSLAND FOUNDATION | ||||||
| 2 | P O BOX 274 | LAFAYETTE HILL | PA | 19444 | $700,000 | Yes (X) |
| JOHN FRUTH | ||||||
| 3 | 4041 ARROWHEAD CT | BONITA SPRINGS | FL | 34134 | $350,000 | Yes (X) |
| BETH AND RAVENEL CURRY FOUNDATION | ||||||
| 4 | 499 PARK AVENUE FLOOR 17 | NEW YORK | NY | 10022 | $500,000 | Yes (X) |
| WALTON FAMILY FOUNDATION | ||||||
| 5 | P O BOX 2023 | BENTONVILLE | AZ | 72712 | $1,675,000 | Yes (X) |
| WILSON SHEEHAN FOUNDATION | ||||||
| 6 | 1115 N LIMESTONE ST | SPRINGFIELD | OH | 45503 | $613,261 | Yes (X) |
| THE LYNCH FOUNDATION INC | ||||||
| 7 | 109 STATE STREET | BOSTON | MA | 02109 | $25,000 | Yes (X) |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $67,600 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $67,600 | DisbursementsCharitablePrpsAmt |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $4,920,300 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $4,920,300 | USGovtObligationsEOYFMVAmt |
| State Local Sec Book Vl EOY | $0 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $0 | StateLocalSecEOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $9,823 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $9,823 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| OFFICE EXPENSE | $33,917 | $0 | $33,917 |
| MISCELLANEOUS | $3,417 | $0 | $3,417 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER REVENUE | Desc |
| Revenue And Expenses Per Books | $7,000 | RevenueAndExpensesPerBooksAmt |
| Adjusted Net Income | $7,000 | AdjustedNetIncomeAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED GAIN ON INVESTMENTS | Desc |
| Amt | $19,042 | Amt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNDISURSED LOAN FUNDS | Desc |
| BOY Book Value | $1,000,000 | BOYBookValueAmt |
| EOY Book Value | $0 | EOYBookValueAmt |
Comments