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Be Thou My Vision Foundation: Form 990PF, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
Be Thou My Vision Foundation (EIN 85-2847523)
Tax period
2022-01-01 to 2022-12-31
Filed
2023-04-18
IRS object ID
202321089349101707
Schema version
2022v5.0
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)
Return2023-04-18T11:24:51-05:00ReturnTs
Tax Period End2022-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Foundation SourceBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line13333 New Hyde Park Rd Ste 406AddressLine1Txt
CityNew Hyde ParkCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11042ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2022-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN852847523EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Be Thou My Vision FoundationBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% Foundation SourceInCareOfNm
Business Name ControlBETHBusinessNameControlTxt
Phone8008391754PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1Foundation Source 501 Silverside RdAddressLine1Txt
CityWilmingtonCityNm
State AbbreviationDEStateAbbreviationCd
ZIP198091377ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
Personalastair johnstonPersonNm
Person TitlepresidentPersonTitleTxt
Phone8008391754PhoneNum
Signature2023-04-11SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstalastairPersonFirstNm
Person LastjohnstonPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJeffrey D HaskellPreparerPersonNm
PTINP01345770PTIN
Phone8008391754PhoneNum

Additional Filer Information AdditionalFilerInformation

FieldValueIRS element (for citing)
Trusted CustomerTrustedCustomerGrp
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$3,169,793FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$0ContriRcvdRevAndExpnssAmt
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$6,662InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$6,662InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$55,514DividendsRevAndExpnssAmt
Dividends Net Invst Incm$55,514DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss-$41,406NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$2,279,926GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$800,889CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$20,770TotalRevAndExpnssAmt
Total Net Invst Incm$863,065TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$0CompOfcrDirTrstRevAndExpnssAmt
Taxes Rev And Expnss$12,623TaxesRevAndExpnssAmt
Taxes Net Invst Incm$342TaxesNetInvstIncmAmt
Other Expenses Rev And Expnss$17,170OtherExpensesRevAndExpnssAmt
Other Expenses Dsbrs Chrtbl$17,170OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$29,793TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$342TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$17,170TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$75,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$75,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$104,793TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$342TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$92,170TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$84,023ExcessRevenueOverExpensesAmt
Net Investment Income$862,723NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$535,800SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$561,497SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$561,497SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$2,994,611CorporateStockBOYAmt
Corporate Stock EOY$2,884,891CorporateStockEOYAmt
Corporate Stock EOYFMV$2,608,296CorporateStockEOYFMVAmt
Total Assets BOY$3,530,411TotalAssetsBOYAmt
Total Assets EOY$3,446,388TotalAssetsEOYAmt
Total Assets EOYFMV$3,169,793TotalAssetsEOYFMVAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$3,530,411RetainedEarningBOYAmt
Retained Earning EOY$3,446,388RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$3,530,411TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$3,446,388TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$3,530,411TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$3,446,388TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$3,530,411TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$84,023ExcessRevenueOverExpensesAmt
Subtotal$3,446,388SubtotalAmt
Tot Net Ast Or Fund Balances EOY$3,446,388TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
PropertyPublicly-traded SecuritiesPropertyDesc
Gross Sales Price$2,279,926GrossSalesPriceAmt
Cost Or Other Basis$1,479,037CostOrOtherBasisAmt
Gain Or Loss$800,889GainOrLossAmt
Gains Minus Excess Or Losses$800,889GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income$800,889CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$11,992InvestmentIncomeExciseTaxAmt
Subtotal$11,992SubtotalAmt
Tax Based On Investment Income$11,992TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$8,300EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce$0ExemptFrgnOrgTaxWthldAtSrceAmt
Total Payments And Credits$8,300TotalPaymentsAndCreditsAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$0EsPenaltyAmt
Tax Due$3,692TaxDueAmt

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 StateDEOrgReportOrRegisterStateCd
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

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1Foundation SourceBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8008391754PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1501 Silverside Road Suite 123AddressLine1Txt
CityWilmingtonCityNm
State AbbreviationDEStateAbbreviationCd
ZIP198091377ZIPCd
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
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 PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
Alastair Bruce Johnston
Foundation Source 501 Silverside RdWilmingtonDE198091377Dir, Pres, Treas1.0$0$0$0
Jean Boyle Johnston
Foundation Source 501 Silverside RdWilmingtonDE198091377Dir, Sec1.0$0$0$0
FieldValueIRS element (for citing)
Summary Of Direct Chrtbl ActySummaryOfDirectChrtblActyGrp
Sum Of Program Related InvstSumOfProgramRelatedInvstGrp

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$2,663,891AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$660,140AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$3,324,031TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$3,324,031AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$49,860CashDeemedCharitableAmt
Net Vl Noncharitable Assets$3,274,171NetVlNoncharitableAssetsAmt
Minimum Investment Return$163,709MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$163,709MinimumInvestmentReturnAmt
Tax Based On Investment Income$11,992TaxBasedOnInvestmentIncomeAmt
Total Tax$11,992TotalTaxAmt
Distributable Before Adj$151,717DistributableBeforeAdjAmt
Distributable Before Ded$151,717DistributableBeforeDedAmt
Distributable As Adjusted$151,717DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$92,170ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Charitable Assets Acquis Paid$0CharitableAssetsAcquisPaidAmt
Set Aside Suitability Test$0SetAsideSuitabilityTestAmt
Set Aside Cash Distri Test$0SetAsideCashDistriTestAmt
Qualifying Distributions$92,170QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$151,717DistributableAsAdjustedAmt
Prior Year12020PriorYear1Yr
Prior Year22019PriorYear2Yr
Prior Year32018PriorYear3Yr
Excess Distribution Cyov Yr2$4,275ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$3,932ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$8,207TotalExcessDistributionCyovAmt
Qualifying Distributions$92,170QualifyingDistributionsAmt
Applied To Current Year$92,170AppliedToCurrentYearAmt
Remaining Distri From Corpus$0RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus$8,207ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$8,207ExcessDistributionCyovAppCYAmt
Undistributed Income CY$51,340UndistributedIncomeCYAmt
FieldValueIRS element (for citing)
Private Operating FoundationsPrivateOperatingFoundationsGrp

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerALASTAIR BRUCE JOHNSTONContributingManagerNm
Contributing ManagerJEAN BOYLE JOHNSTONContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1IRCT INTERNATIONAL REHABILITATION COUNCIL FOR TORTBusinessNameLine1Txt

Recipient Foreign Address RecipientForeignAddress

FieldValueIRS element (for citing)
Address Line1VESTERBROGADE 149 BLDG 4 3RD FLAddressLine1Txt
CityCOPENHAGENCityNm
CountryDACountryCd
Foreign Postal1620ForeignPostalCd
FieldValueIRS element (for citing)
Recipient RelationshipN/ARecipientRelationshipTxt
Recipient Foundation StatusPCRecipientFoundationStatusTxt
Grant Or Contribution PurposeGeneral & UnrestrictedGrantOrContributionPurposeTxt
Amt$75,000Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$75,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

FieldValueIRS element (for citing)
Fees Contracts From Govt AgFeesContractsFromGovtAgGrp
Membership Dues And AssmntMembershipDuesAndAssmntGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$6,662ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$55,514ExclusionAmt
FieldValueIRS element (for citing)
Net Rntl Incm Re Debt Fincd PropNetRntlIncmReDebtFincdPropGrp
Net Rntl Incm Re Not Debt Fincd PropNetRntlIncmReNotDebtFincdProp
Net Rental Income Personal PropNetRentalIncomePersonalPropGrp
Other Investment IncomeOtherInvestmentIncomeGrp

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion-$41,406ExclusionAmt
FieldValueIRS element (for citing)
Net Income Loss From Special EvtNetIncomeLossFromSpecialEvtGrp
Gross Profit Loss Sls Of InvntryGrossProfitLossSlsOfInvntryGrp

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$20,770ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$20,770TotalIncomeProducingActyAmt

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

Depreciation Schedule DepreciationSchedule

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (28 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
ALPHABET INC CL A$72,358$70,584
AMAZON COM$284,787$134,400
AMERICAN CENTURY SH DUR INFL P$209,594$194,099
BERKSHIRE HATHAWAY INC DEL CL$431,706$468,711
CONSUMER STAPLES SELECT SECTOR$53,031$52,185
ELI LILLY & CO$51,677$73,168
EXXON MOBIL CORP$12,373$33,090
FIDELITY FLOATING RATE HIGH IN$52,195$50,150
INVESCO KBW BANK$103,037$82,592
ISHARES CORE MSCI EMERGING MAR$53,694$46,700
ISHARES CORE MSCI TOTAL INTERN$101,012$86,820
ISHARES CORE US VALUE$75,087$70,630
ISHARES S&P 500 INDEX FD$86,310$76,842
MARKET VECTORS - GOLD MINERS E$91,884$85,980
MARKET VECTORS WIDE MOAT ETF$70,449$64,910
MICROSOFT CORP$100,787$71,946
PIMCO ENHANCED SHORT MATURITY$70,101$69,055
PROSHARES S&P 500 DIVIDEND ARI$96,268$89,990
SALESFORCE.COM$122,198$53,036
SELECT SECTOR SPDR ENERGY FUND$70,035$87,470
SELECT SECTOR SPDR UTILITIES$68,845$70,500
SELECT SECTOR SPDR-HEALTH CARE$53,033$54,340
SPDR PORTFOLIO SHORT TERM CORP$239,136$235,040
SPDR S&P AEROSPACE AND DEFENSE$55,314$55,025
SPDR S&P PHARMACEUTICALS$21,642$20,475
TAIWAN SEMICONDUCTOR MFG CO LT$97,224$74,490
VANGUARD HIGH YIELD CORPORATE$57,138$52,964
VISA INC$83,976$83,104

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
Administrative Fees$17,145$17,145
State or Local Filing Fees$25$25

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (3 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmt
990-PF Estimated Tax for 2022$8,300
990-PF Excise Tax for 2021$3,981
Foreign Tax Paid$342$342

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