SCA CHARITABLE FOUNDATION INC: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- SCA CHARITABLE FOUNDATION INC (EIN 90-0484624)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-11-15
- IRS object ID
- 202443209349103254
- 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
- Expenditure Responsibility Stmt
- Expln Of Non Filing With AG Stmt
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-11-15T10:35:23-06:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 680300457 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MACIAS GINI & O'CONNELL LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 445 BROADHOLLOW ROAD SUITE 319 | AddressLine1Txt |
| City | MELVILLE | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11747 | 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 | 900484624 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SCA CHARITABLE FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SCAC | BusinessNameControlTxt |
| Phone | 9177570379 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | CO M POLLACK 45 W 67TH ST 27B | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10023 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MICHAEL POLLACK | PersonNm |
| Person Title | PRESIDENT & DIRECTOR | PersonTitleTxt |
| Phone | 9177570379 | PhoneNum |
| Signature | 2024-11-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | CRAIG RUBIN | PreparerPersonNm |
| PTIN | P00455627 | PTIN |
| Phone | 5164095000 | PhoneNum |
| Preparation | 2024-11-14 | 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 | $6,119,349 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $13,174 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $13,174 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $374,020 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $374,020 | DividendsNetInvstIncmAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $6,159 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $6,159 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $393,353 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $393,353 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $10,790 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $5,395 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $7,950 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Occupancy Rev And Expnss | $50,279 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $0 | OccupancyNetInvstIncmAmt |
| Occupancy Dsbrs Chrtbl | $0 | OccupancyDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $818 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $581 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $69,837 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $5,976 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $35,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $35,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $104,837 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $5,976 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $35,000 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $288,516 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $387,377 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $48,285 | CashBOYAmt |
| Cash EOY | $62,068 | CashEOYAmt |
| Cash EOYFMV | $62,068 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $1,226 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $43,971 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $43,971 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $0 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $974,069 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $977,130 | USGovtObligationsEOYFMVAmt |
| Mortgage Loans BOY | $5,459,901 | MortgageLoansBOYAmt |
| Mortgage Loans EOY | $4,217,820 | MortgageLoansEOYAmt |
| Mortgage Loans EOYFMV | $4,236,180 | MortgageLoansEOYFMVAmt |
| Other Investments BOY | $150,000 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $150,000 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $150,000 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $150,000 | OtherAssetsBOYAmt |
| Other Assets EOY | $650,000 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $650,000 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $5,809,412 | TotalAssetsBOYAmt |
| Total Assets EOY | $6,097,928 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $6,119,349 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $5,809,412 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $6,097,928 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $5,809,412 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $6,097,928 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $5,809,412 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $6,097,928 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $5,809,412 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $288,516 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $6,097,928 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $6,097,928 | TotNetAstOrFundBalancesEOYAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $5,385 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $5,385 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $5,385 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $7,900 | 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 | $7,900 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $1 | EsPenaltyAmt |
| Overpayment | $2,514 | OverpaymentAmt |
| Applied To ES Tax | $2,514 | 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 | PA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | 0 | 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.SCACHARITABLEFOUNDATION.ORG | WebsiteAddressTxt |
| Individual With Books | MICHAEL POLLACK | IndividualWithBooksNm |
| Phone | 9177570379 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 45 W 67TH STREET APT 27B | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10023 | 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 | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | Yes (1) | BusinessHoldingsInd |
| Excess Business Holdings | 0 | ExcessBusinessHoldingsInd |
| 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 | 0 | 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 (5 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 | Address Line2USAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|---|
| MICHAEL POLLACK | |||||||||
| 45 W 67TH STREET APT 27B | NEW YORK | NY | 10023 | PRESIDENT & DIRECTOR | 10.00 | $0 | $0 | $0 | |
| GENE GURKOFF | |||||||||
| C/O MICHAEL POLLACK 45 W 67TH | NEW YORK | NY | 10023 | DIRECTOR | 1.00 | $0 | $0 | $0 | STREET APT 27B |
| ANJALI POLLACK | |||||||||
| 45 W 67TH STREET APT 27B | NEW YORK | NY | 10023 | DIRECTOR | 1.00 | $0 | $0 | $0 | |
| NADINE MIRCHANDANI | |||||||||
| C/O MICHAEL POLLACK 45 W 67TH | NEW YORK | NY | 10023 | DIRECTOR | 1.00 | $0 | $0 | $0 | STREET APT 27B |
| JASON KARP | |||||||||
| C/O MICHAEL POLLACK 45 W 67TH | NEW YORK | NY | 10023 | DIRECTOR | 1.00 | $0 | $0 | $0 | STREET APT 27B |
| 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) |
|---|---|---|
| Description1 | SUNSTONE THERAPIES, INC. - THIS PROGRAM-RELATED INVESTMENT IS INVOLVED IN PROVIDING PRODUCTS AND/OR SERVICES THAT RELATE TO MENTAL HEALTH TREATMENT, RESEARCH AND DEVELOPMENT, CLINICAL TRIALS, TRAINING AND OTHER RELATED SERVICES, PURSUANT TO SCA'S MISSION IS TO FIND AND CULTIVATE WORLD-CLASS ENTREPRENEURS WITH NASCENT BUSINESS MODELS, HELPING THEM SCALE THEIR ORGANIZATIONS TO SOLVE SOME OF THE MOST PRESSING SOCIAL NEEDS, PARTICULARLY IN MENTAL HEALTH AND EDUCATION. SUNSTONE'S MISSION IS TO USE PSYCHEDELIC ASSISTED THERAPIES TO HELP ADDRESS THE DEEP EMOTIONAL AND PSYCHOLOGICAL DISTRESS CANCER PATIENTS FACE. | Description1Txt |
| Expenses1 | $250,000 | Expenses1Amt |
| Description2 | FORT HEALTH, INC. - THIS PROGRAM-RELATED INVESTMENT IS INVOLVED IN PROVIDING PRODUCTS AND/OR SERVICES THAT RELATE TO MENTAL HEALTH TREATMENT, TRAINING AND OTHER RELATED SERVICES, PURSUANT TO SCA'S MISSION IS TO FIND AND CULTIVATE WORLD-CLASS ENTREPRENEURS WITH NASCENT BUSINESS MODELS, HELPING THEM SCALE THEIR ORGANIZATIONS TO SOLVE SOME OF THE MOST PRESSING SOCIAL NEEDS, PARTICULARLY IN MENTAL HEALTH AND EDUCATION. | Description2Txt |
| Expenses2 | $250,000 | Expenses2Amt |
| Total | $500,000 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $0 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $2,026,047 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $3,946,705 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $5,972,752 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $5,972,752 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $89,591 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $5,883,161 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $294,158 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $294,158 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $5,385 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $5,385 | TotalTaxAmt |
| Distributable Before Adj | $288,773 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $288,773 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $288,773 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $35,000 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $500,000 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $535,000 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $288,773 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $54,914 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr3 | $21,692 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr1 | $139,302 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $215,908 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $535,000 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $288,773 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $246,227 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $462,135 | 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 | $54,914 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $407,221 | ExcessDistriCyovToNextYrAmt |
| Excess From Year3 | $21,692 | ExcessFromYear3Amt |
| Excess From Year1 | $139,302 | ExcessFromYear1Amt |
| Excess From Current Year | $246,227 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | MICHAEL POLLACK | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (3 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| AMIGOS DE LAS AMERICAS | ||||||
| 1800 WEST LOOP SOUTH SUITE 1325 | HOUSTON | TX | 77027 | PC | EDUCATION & SKILLS TRAINING | $5,000 |
| HILARITY FOR CHARITY | ||||||
| 9301 WILSHIRE BLVD STE 516 | BEVERLY HILLS | CA | 90210 | PC | BRAIN HEALTH RESEARCH AND ALZHEIMER'S & RELATED DEMENTIAS FAMILY CARE-GIVER SUPPORT. | $5,000 |
| OPENMIND PLATFORM INC | ||||||
| 244 MADISON AVENUE 1098 | NEW YORK | NY | 10016 | PC | EDUCATION | $25,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $35,000 | 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 | $13,174 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $374,020 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $6,159 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $393,353 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $393,353 | 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 | $10,790 | Amt |
| Net Investment Income | $5,395 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| SUNSTONE THERAPIES INC | |||||||||||
| 9905 MEDICAL CENTER DRIVE STE 350 | ROCKVILLE | MD | 20850 | 2022-12-02 | $150,000 | TO PROMOTE PSYCHEDELIC ASSISTED THERAPIES TO HELP ADDRESS THE DEEP EMOTIONAL AND PSYCHOLOGICAL DISTRESS CANCER PATIENTS FACE. RESEARCH & DEVELOPMENT AND CLINICAL TRIALS FOR IMPROVEMENT OF MENTAL HEALTH. | $150,000 | NONE | 12/01/2023 | 2023-12-01 | |
| FORT HEALTH INC | |||||||||||
| 85 5TH AVE FL 8 | NEW YORK | NY | 10003 | 2023-05-22 | $250,000 | PROVIDE PRODUCTS AND/OR SERVICES THAT RELATE TO MENTAL HEALTH TREATMENT, TRAINING, AND OTHER RELATED SERVICES. | $0 | REPORT IS NOT REQUIRED UNTIL FISCAL YEAR 2023. | |||
| SUNSTONE THERAPIES INC | |||||||||||
| 9905 MEDICAL CENTER DRIVE STE 350 | ROCKVILLE | MD | 20850 | 2023-12-20 | $250,000 | TO PROMOTE PSYCHEDELIC ASSISTED THERAPIES TO HELP ADDRESS THE DEEP EMOTIONAL AND PSYCHOLOGICAL DISTRESS CANCER PATIENTS FACE. RESEARCH & DEVELOPMENT AND CLINICAL TRIALS FOR IMPROVEMENT OF MENTAL HEALTH. | $0 | REPORT IS NOT REQUIRED UNTIL FISCAL YEAR 2023. | |||
Expln Of Non Filing With AG Stmt ExplnOfNonFilingWithAGStmt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | THE FOUNDATION IS NOT REGISTERED AS A FOUNDATION IN PENNSYLVANIA AND THE ORGANIZATION HAS NOT SOLICITED ANY CONTRIBUTIONS FROM PA RESIDENTS IN 2022, EXCLUDING THE ORGANIZATION FROM REGISTRATION AND FILING REQUIREMENTS WITH THE PA BUREAU OF CORPORATIONS AND CHARITABLE CONTRIBUTIONS. | ExplanationTxt |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $974,069 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $977,130 | USGovtObligationsEOYFMVAmt |
| State Local Sec Book Vl EOY | $0 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $0 | StateLocalSecEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (2 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| INVESTMENT IN CATCHAFIRE | FMV | $100,000 | $100,000 |
| INVESTMENT IN KUYA | FMV | $50,000 | $50,000 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| SUNSTONE THERAPIES, INC - PROGRAM RELATED INVESTMENT | $150,000 | $400,000 | $400,000 |
| FORT HEALTH, INC. - PROGRAM RELATED INVESTMENT | $250,000 | $250,000 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| OTHER FEES | $77 | $0 | $0 |
| MARGIN INTEREST | $581 | $581 | $0 |
| WIRE FEES | $160 | $0 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MISC FEE INCOME- LAYLA FUND | Desc |
| Revenue And Expenses Per Books | $6,159 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $6,159 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $6,159 | AdjustedNetIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| 2023 ESTIMATED TAXES | $5,950 | $0 | $0 |
| 2022 EXTENSION PAYMENT | $2,000 | $0 | $0 |
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