THE FRY FOUNDATION: Form 990PF, tax year 2023

View the entire original 990 at ProPublica ↗

Organization: THE FRY FOUNDATION (EIN 01-0570536)
Tax period: 2023-01-01 to 2023-12-31
Filed: 2024-11-16
IRS object ID: 202433219349100913
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
Other Expenses Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2024-11-16T10:53:38-08:00	ReturnTs
Tax Period End	2023-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	942534038	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	Ruzzo Scholl & Murphy AC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	2323 South Bascom Avenue	AddressLine1Txt
City	Campbell	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	95008	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	010570536	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	The Fry Foundation	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	FRYF	BusinessNameControlTxt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	5849 N Cameldale Way	AddressLine1Txt
City	Paradise Valley	CityNm
State Abbreviation	AZ	StateAbbreviationCd
ZIP	85253	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	Alice J Fry	PersonNm
Person Title	President	PersonTitleTxt
Signature	2024-11-16	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	Yes (true)	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	Philip R Hulme CPA	PreparerPersonNm
PTIN	P00440116	PTIN
Phone	4083774011	PhoneNum

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	$5,749,205	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	$276,114	ContriRcvdRevAndExpnssAmt
Schedule B Not Required	Yes (X)	ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss	$553	InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm	$553	InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm	$553	InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss	$184,460	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$184,460	DividendsNetInvstIncmAmt
Dividends Adj Net Incm	$184,460	DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss	$61,073	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$797,445	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$61,073	CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss	$522,200	TotalRevAndExpnssAmt
Total Net Invst Incm	$246,086	TotalNetInvstIncmAmt
Total Adj Net Incm	$185,013	TotalAdjNetIncmAmt
Taxes Rev And Expnss	$2,030	TaxesRevAndExpnssAmt
Taxes Net Invst Incm	$2,030	TaxesNetInvstIncmAmt
Other Expenses Rev And Expnss	$41,384	OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm	$41,384	OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss	$43,414	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$43,414	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$0	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$275,000	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$275,000	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$318,414	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$43,414	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$275,000	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	$203,786	ExcessRevenueOverExpensesAmt
Net Investment Income	$202,672	NetInvestmentIncomeAmt
Adjusted Net Income	$185,013	AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$64,637	CashBOYAmt
Cash EOY	$267,609	CashEOYAmt
Cash EOYFMV	$267,609	CashEOYFMVAmt
Other Investments BOY	$4,541,645	OtherInvestmentsBOYAmt
Other Investments EOY	$4,542,459	OtherInvestmentsEOYAmt
Other Investments EOYFMV	$5,481,596	OtherInvestmentsEOYFMVAmt
Total Assets BOY	$4,606,282	TotalAssetsBOYAmt
Total Assets EOY	$4,810,068	TotalAssetsEOYAmt
Total Assets EOYFMV	$5,749,205	TotalAssetsEOYFMVAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117	Yes (X)	OrgDoesNotFollowFASB117Ind
Retained Earning BOY	$4,606,282	RetainedEarningBOYAmt
Retained Earning EOY	$4,810,068	RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY	$4,606,282	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$4,810,068	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$4,606,282	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$4,810,068	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$4,606,282	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	$203,786	ExcessRevenueOverExpensesAmt
Subtotal	$4,810,068	SubtotalAmt
Tot Net Ast Or Fund Balances EOY	$4,810,068	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)

PropertyPropertyDesc	How AcquiredHowAcquiredCd	AcquiredAcquiredDt	SoldSoldDt	Gross Sales PriceGrossSalesPriceAmt	Cost Or Other BasisCostOrOtherBasisAmt	Gain Or LossGainOrLossAmt	Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
MERRILL LYNCH	P	2001-01-01	2023-10-30	$347,449	$453,910	-$106,461	-$106,461
MERRILL LYNCH	P	2001-01-01	2023-12-22	$449,996	$282,462	$167,534	$167,534

Field	Value	IRS element (for citing)
Capital Gain Net Income	$61,073	CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$2,817	InvestmentIncomeExciseTaxAmt
Subtotal	$2,817	SubtotalAmt
Tax Based On Investment Income	$2,817	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$2,328	EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits	$2,328	TotalPaymentsAndCreditsAmt
Tax Due	$489	TaxDueAmt
Applied To ES Tax	$0	AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

Field	Value	IRS element (for citing)
Legislative Political Acty	false	LegislativePoliticalActyInd
More Than100 Spent	false	MoreThan100SpentInd
Form1120 POL Filed	false	Form1120POLFiledInd
Activities Not Previously Rpt	false	ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws	false	ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit	false	UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc	false	OrganizationDissolvedEtcInd
Section508e Rqr Satisfied	false	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (true)	AtLeast5000InAssetsInd
Org Report Or Register State	CA	OrgReportOrRegisterStateCd
Form990 PF Filed With Atty Gen	Yes (true)	Form990PFFiledWithAttyGenInd
Private Operating Foundation	false	PrivateOperatingFoundationInd
New Substantial Contributors	false	NewSubstantialContributorsInd
Own Controlled Entity	false	OwnControlledEntityInd
Donor Advised Fund	false	DonorAdvisedFundInd
Comply With Public Insp Rqr	Yes (true)	ComplyWithPublicInspRqrInd
Website Address	N/A	WebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

Field	Value	IRS element (for citing)
Business Name Line1	Alice Fry	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	5105813347	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	5849 N Cameldale Way	AddressLine1Txt
City	Paradise Valley	CityNm
State Abbreviation	AZ	StateAbbreviationCd
ZIP	85253	ZIPCd

Field	Value	IRS element (for citing)
Foreign Accounts Question	false	ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Field	Value	IRS element (for citing)
Sale Or Exch Disqualified Prsn	false	SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn	false	BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn	false	FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn	false	PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn	false	TransferAstDisqualifiedPrsnInd
Payment To Government Official	false	PaymentToGovernmentOfficialInd
Acts Fail To Qlfy As Exceptions	false	ActsFailToQlfyAsExceptionsInd
Uncorrected Prior Acts	false	UncorrectedPriorActsInd
Undistributed Income PY	false	UndistributedIncomePYInd
Business Holdings	false	BusinessHoldingsInd
Jeopardy Investments	false	JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst	false	UncorrectedPYJeopardyInvstInd
Influence Legislation	false	InfluenceLegislationInd
Influence Election	false	InfluenceElectionInd
Grants To Individuals	false	GrantsToIndividualsInd
Grants To Organizations	false	GrantsToOrganizationsInd
Noncharitable Purpose	false	NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt	false	SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	TitleTitleTxt	Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt	CompensationCompensationAmt
Alice J Fry
5849 N Cameldale Way	Paradise Valley	AZ	85253	President	0.00	$0
John C Fry
333 Las Olas Way Apt 1810	Fort Lauderdale	FL	33301	Secretary	0.00	$0

Field	Value	IRS element (for citing)
Comp Of Hghst Pd Empl Or NONE	NONE	CompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONE	NONE	CompOfHghstPdCntrctOrNONETxt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$5,204,569	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$61,252	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$5,265,821	TotalFMVOfUnusedAssetsAmt
Reduction Claimed	$0	ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast	$5,265,821	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$78,987	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$5,186,834	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$259,342	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$259,342	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$2,817	TaxBasedOnInvestmentIncomeAmt
Total Tax	$2,817	TotalTaxAmt
Distributable Before Adj	$256,525	DistributableBeforeAdjAmt
Distributable Before Ded	$256,525	DistributableBeforeDedAmt
Distributable As Adjusted	$256,525	DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$275,000	ExpensesAndContributionsAmt
Qualifying Distributions	$275,000	QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$256,525	DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5	$16,862	ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4	$11,234	ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3	$46,138	ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2	$13,652	ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1	$41,357	ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov	$129,243	TotalExcessDistributionCyovAmt
Qualifying Distributions	$275,000	QualifyingDistributionsAmt
Treated As Distri From Corpus	$0	TreatedAsDistriFromCorpusAmt
Applied To Current Year	$256,525	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$18,475	RemainingDistriFromCorpusAmt
Total Corpus	$147,718	TotalCorpusAmt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5	$16,862	ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr	$130,856	ExcessDistriCyovToNextYrAmt
Excess From Year4	$11,234	ExcessFromYear4Amt
Excess From Year3	$46,138	ExcessFromYear3Amt
Excess From Year2	$13,652	ExcessFromYear2Amt
Excess From Year1	$41,357	ExcessFromYear1Amt
Excess From Current Year	$18,475	ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

Field	Value	IRS element (for citing)
Recipient Person	AMERICAN INSTITUTE OF MATHEMATICS	RecipientPersonNm

Recipient US Address RecipientUSAddress

Field	Value	IRS element (for citing)
Address Line1	600 EAST BROKAW ROAD	AddressLine1Txt
City	SAN JOSE	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	95112	ZIPCd

Field	Value	IRS element (for citing)
Recipient Foundation Status	POF	RecipientFoundationStatusTxt
Grant Or Contribution Purpose	ASSISTANCE FOR RESEARCH & EDUCATION IN THE FIELD OF MATHEMATICS	GrantOrContributionPurposeTxt
Amt	$275,000	Amt

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$275,000	TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Field	Value	IRS element (for citing)
Exclusion	$553	ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

Field	Value	IRS element (for citing)
Exclusion	$184,460	ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Related Or Exempt Function Incm	$61,073	RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Exclusion	$185,013	ExclusionAmt
Related Or Exempt Function Incm	$61,073	RelatedOrExemptFunctionIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$246,086	TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO	false	TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO	false	TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets	false	SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO	false	PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets	false	RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements	false	ReimbursementArrangementsInd
Loans Or Loan Guarantees	false	LoansOrLoanGuaranteesInd
Performance Of Services Etc	false	PerformanceOfServicesEtcInd
Sharing Of Facilities Etc	false	SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO	false	RelationshipsNonchrtblEOInd

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt
ACCOUNT MANAGEMENT FEES	$39,269	$39,269
BANK CHARGES	$60	$60
DEPT OF JUSTICE FEE	$100	$100
LEGAL & PROFESSIONAL	$1,955	$1,955

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

Field	Value	IRS element (for citing)
Category	EXCISE TAXES	CategoryTxt
Amt	$2,030	Amt
Net Investment Income	$2,030	NetInvestmentIncomeAmt

THE FRY FOUNDATION: Form 990PF, tax year 2023

Return header ReturnHeader

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

Preparer US Address PreparerUSAddress

Filer Filer

Business Name BusinessName

US Address USAddress

Business Officer BusinessOfficerGrp

Preparer Person PreparerPersonGrp

Form 990-PF IRS990PF

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Statements Regarding Acty StatementsRegardingActyGrp

Persons With Books Name PersonsWithBooksName

Location Of Books US Address LocationOfBooksUSAddress

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)

Minimum Investment Return MinimumInvestmentReturnGrp

Distributable Amount DistributableAmountGrp

PF Qualifying Distributions PFQualifyingDistributionsGrp

Undistributed Income UndistributedIncomeGrp

Supplementary Information SupplementaryInformationGrp

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

Recipient US Address RecipientUSAddress

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

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