WILLIAM A GREGORY JR FOUNDATION INC: Form 990PF, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
WILLIAM A GREGORY JR FOUNDATION INC (EIN 59-3607455)
Tax period
2021-01-01 to 2021-12-31
Filed
2023-02-22
IRS object ID
202310539349100501
Schema version
2021v4.0
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)
Return2023-02-22T06:28:21-05:00ReturnTs
Tax Period End2021-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN592482214PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1FRSCPA PLLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11301 66TH ST NAddressLine1Txt
CitySAINT PETERSBURGCityNm
State AbbreviationFLStateAbbreviationCd
ZIP337105501ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2021-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN593607455EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1WILLIAM A GREGORY JR FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlWILLBusinessNameControlTxt
Phone8137602792PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line13225 S MACDILL AVE 129AddressLine1Txt
CityTAMPACityNm
State AbbreviationFLStateAbbreviationCd
ZIP33629ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonCHRISTOPHER H TAYLORPersonNm
Person TitleDIRECTORPersonTitleTxt
Phone8137602792PhoneNum
Signature2023-02-21SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstCHRISTOPHERPersonFirstNm
Person LastTAYLORPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonPAUL E HOROWITZPreparerPersonNm
PTINP01474269PTIN
Phone7273471120PhoneNum
Preparation2023-02-21PreparationDt
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2023-03-07 01:45:13ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$7,830,136FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$9InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$9InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$115,338DividendsRevAndExpnssAmt
Dividends Net Invst Incm$115,338DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$600,905NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$1,711,284GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$153,931CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss$218OtherIncomeRevAndExpnssAmt
Total Rev And Expnss$716,470TotalRevAndExpnssAmt
Total Net Invst Incm$269,278TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$4,782AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$4,782AccountingFeesNetInvstIncmAmt
Other Prof Fees Rev And Expnss$74,376OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$74,376OtherProfFeesNetInvstIncmAmt
Taxes Rev And Expnss$1,398TaxesRevAndExpnssAmt
Taxes Net Invst Incm$1,398TaxesNetInvstIncmAmt
Trav Conf Meeting Rev And Expnss$398TravConfMeetingRevAndExpnssAmt
Trav Conf Meeting Net Invst Incm$398TravConfMeetingNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$80,954TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$80,954TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$255,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$255,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$335,954TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$80,954TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$255,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$380,516ExcessRevenueOverExpensesAmt
Net Investment Income$188,324NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$1CashBOYAmt
Sav And Temp Cash Invst BOY$105,858SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$89,148SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$89,148SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$4,465,959CorporateStockBOYAmt
Corporate Stock EOY$4,863,186CorporateStockEOYAmt
Corporate Stock EOYFMV$7,740,988CorporateStockEOYFMVAmt
Total Assets BOY$4,571,818TotalAssetsBOYAmt
Total Assets EOY$4,952,334TotalAssetsEOYAmt
Total Assets EOYFMV$7,830,136TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$4,571,818RetainedEarningBOYAmt
Retained Earning EOY$4,952,334RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$4,571,818TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$4,952,334TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$4,571,818TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$4,952,334TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$4,571,818TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$380,516ExcessRevenueOverExpensesAmt
Subtotal$4,952,334SubtotalAmt
Tot Net Ast Or Fund Balances EOY$4,952,334TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

FieldValueIRS element (for citing)
Capital Gain Net Income$153,931CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$2,618InvestmentIncomeExciseTaxAmt
Subtotal$2,618SubtotalAmt
Tax Based On Investment Income$2,618TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$1,200EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$1,200TotalPaymentsAndCreditsAmt
Tax Due$1,418TaxDueAmt

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 SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateFLOrgReportOrRegisterStateCd
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
Individual With BooksKAREN F MILLSIndividualWithBooksNm
Phone8137602792PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line13225 S MACDILL AVENUEAddressLine1Txt
CityTAMPACityNm
State AbbreviationFLStateAbbreviationCd
ZIP33629ZIPCd
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
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 (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
HEIDI B MCCREE
3225 S MACDILL AVENUETAMPAFL33629DIRECTOR1.00$0$0$0
KAREN F MILLS
3225 S MACDILL AVENUETAMPAFL33629DIRECTOR1.00$0$0$0
CHRISTOPHER H TAYLOR
3225 S MACDILL AVENUETAMPAFL33629DIRECTOR1.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$7,296,673AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$98,145AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$7,394,818TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$7,394,818AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$110,922CashDeemedCharitableAmt
Net Vl Noncharitable Assets$7,283,896NetVlNoncharitableAssetsAmt
Minimum Investment Return$364,195MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$364,195MinimumInvestmentReturnAmt
Tax Based On Investment Income$2,618TaxBasedOnInvestmentIncomeAmt
Total Tax$2,618TotalTaxAmt
Distributable Before Adj$361,577DistributableBeforeAdjAmt
Distributable Before Ded$361,577DistributableBeforeDedAmt
Distributable As Adjusted$361,577DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$255,000ExpensesAndContributionsAmt
Qualifying Distributions$255,000QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$361,577DistributableAsAdjustedAmt
Undistributed Income PY$20,341UndistributedIncomePYAmt
Qualifying Distributions$255,000QualifyingDistributionsAmt
Applied To Year1$20,341AppliedToYear1Amt
Applied To Current Year$234,659AppliedToCurrentYearAmt
Undistributed Income CY$126,918UndistributedIncomeCYAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (5 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
KEEP TAMPA BAY BEAUTIFUL
PO BOX 2104TAMPAFL33601PROVIDE SUPPORT FOR ACTIVITIES$25,000
HILLSBOROUGH EDUCATION FOUNDATION
2306 N HOWARD AVETAMPAFL33607PROVIDE SUPPORT FOR ACTIVITIES$80,000
HCC FOUNDATION
39 COLUMBIA DRTAMPAFL33606PROVIDE SUPPORT FOR ACTIVITIES$50,000
UNIVERSITY OF SOUTH FLORIDA
4202 E FOWLER AVETAMPAFL33620PROVIDE SUPPORT FOR ACTIVITIES$50,000
UNIVERSITY OF TAMPA
401 W KENNEDY BLVDTAMPAFL33606PROVIDE SUPPORT FOR ACTIVITIES$50,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$255,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$9ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$115,338ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$600,905ExclusionAmt

Other Revenue Described OtherRevenueDescribedGrp

FieldValueIRS element (for citing)
DescRETURN OF CAPITALDesc
Exclusion14ExclusionCd
Exclusion$218ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$716,470ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$716,470TotalIncomeProducingActyAmt

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

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryACCOUNTING FEESCategoryTxt
Amt$4,782Amt
Net Investment Income$4,782NetInvestmentIncomeAmt

Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch

Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (5 entries)

AssetAssetDescHow AcquiredHowAcquiredTxtGross Sales PriceGrossSalesPriceAmtBasisBasisAmtTotal NetTotalNetAmt
RJ - 5962PURCHASE$638,558$503,254$135,304
US - 8164PURCHASE$18,966$13,302$5,664
MS - 7268PURCHASE$475,702$264,616$211,086
MS - 9414PURCHASE$424,127$327,921$96,206
MISC COST ADJPURCHASE$1,286-$1,286

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (4 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
MORGAN STANLEY 9414$1,301,921$1,569,136
RAYMOND JAMES - 5962$1,825,852$2,272,296
US TRUST 8164$79,366$113,113
MORGAN STANLEY 7268$1,656,047$3,786,443

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

FieldValueIRS element (for citing)
DescRETURN OF CAPITALDesc
Revenue And Expenses Per Books$218RevenueAndExpensesPerBooksAmt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryINVESTMENT MANAGEMENT FEESCategoryTxt
Amt$74,376Amt
Net Investment Income$74,376NetInvestmentIncomeAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryTAXESCategoryTxt
Amt$1,398Amt
Net Investment Income$1,398NetInvestmentIncomeAmt

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.