BETA

TASK FOUNDATION: Form 990PF, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
TASK FOUNDATION (EIN 13-1968353)
Tax period
2022-01-01 to 2022-12-31
Filed
2023-04-25
IRS object ID
202301159349101275
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)
Return2023-04-25T12:25:50-05:00ReturnTs
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)
EIN131968353EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1TASK Foundation IncBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% Foundation SourceInCareOfNm
Business Name ControlTASKBusinessNameControlTxt
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)
Personjane stanleyPersonNm
Person TitletreasurerPersonTitleTxt
Phone8008391754PhoneNum
Signature2023-04-19SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstjanePersonFirstNm
Person LaststanleyPersonLastNm
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$4,950,108FMVAssetsEOYAmt
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$4,253InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$4,253InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$72,442DividendsRevAndExpnssAmt
Dividends Net Invst Incm$72,442DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$71,933NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$375,498GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$71,933CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss$46OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm$46OtherIncomeNetInvstIncmAmt
Total Rev And Expnss$148,674TotalRevAndExpnssAmt
Total Net Invst Incm$148,674TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$0CompOfcrDirTrstRevAndExpnssAmt
Accounting Fees Rev And Expnss$5,200AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$0AccountingFeesNetInvstIncmAmt
Accounting Fees Adj Net Incm$0AccountingFeesAdjNetIncmAmt
Accounting Fees Chrtbl Prps$5,200AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss$25,745OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$25,745OtherProfFeesNetInvstIncmAmt
Taxes Rev And Expnss$2,268TaxesRevAndExpnssAmt
Other Expenses Rev And Expnss$22,137OtherExpensesRevAndExpnssAmt
Other Expenses Dsbrs Chrtbl$22,137OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$55,350TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$25,745TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm$0TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$27,337TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$243,450ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$243,450ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$298,800TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$25,745TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm$0TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl$270,787TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$150,126ExcessRevenueOverExpensesAmt
Net Investment Income$122,929NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$299,011SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$325,602SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$325,602SavAndTempCashInvstEOYFMVAmt
US Government Obligations BOY$367,426USGovernmentObligationsBOYAmt
US Government Obligations EOY$400,559USGovernmentObligationsEOYAmt
US Govt Obligations EOYFMV$375,882USGovtObligationsEOYFMVAmt
Corporate Stock BOY$1,453,118CorporateStockBOYAmt
Corporate Stock EOY$1,330,025CorporateStockEOYAmt
Corporate Stock EOYFMV$3,644,092CorporateStockEOYFMVAmt
Corporate Bonds BOY$467,966CorporateBondsBOYAmt
Corporate Bonds EOY$381,209CorporateBondsEOYAmt
Corporate Bonds EOYFMV$370,732CorporateBondsEOYFMVAmt
Other Assets BOY$233,800OtherAssetsBOYAmt
Other Assets EOY$233,800OtherAssetsEOYAmt
Other Assets EOYFMV$233,800OtherAssetsEOYFMVAmt
Total Assets BOY$2,821,321TotalAssetsBOYAmt
Total Assets EOY$2,671,195TotalAssetsEOYAmt
Total Assets EOYFMV$4,950,108TotalAssetsEOYFMVAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$2,821,321RetainedEarningBOYAmt
Retained Earning EOY$2,671,195RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$2,821,321TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$2,671,195TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$2,821,321TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$2,671,195TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$2,821,321TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$150,126ExcessRevenueOverExpensesAmt
Subtotal$2,671,195SubtotalAmt
Tot Net Ast Or Fund Balances EOY$2,671,195TotNetAstOrFundBalancesEOYAmt

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$375,498GrossSalesPriceAmt
Cost Or Other Basis$303,565CostOrOtherBasisAmt
Gain Or Loss$71,933GainOrLossAmt
Gains Minus Excess Or Losses$71,933GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income$71,933CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$1,709InvestmentIncomeExciseTaxAmt
Subtotal$1,709SubtotalAmt
Tax Based On Investment Income$1,709TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$1,500EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce$0ExemptFrgnOrgTaxWthldAtSrceAmt
Total Payments And Credits$1,500TotalPaymentsAndCreditsAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$0EsPenaltyAmt
Tax Due$209TaxDueAmt

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 StateNYOrgReportOrRegisterStateCd
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 (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
Ellen Kheel Jacobs
Foundation Source 501 Silverside RdWilmingtonDE198091377Dir0.5$0$0$0
Katherine Kheel
Foundation Source 501 Silverside RdWilmingtonDE198091377Dir0.5$0$0$0
Robert J Kheel
Foundation Source 501 Silverside RdWilmingtonDE198091377Dir, Pres1.0$0$0$0
Jane Kheel Stanley
Foundation Source 501 Silverside RdWilmingtonDE198091377Dir, Sec, Treas2.0$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$4,711,595AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$394,295AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$5,105,890TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$5,105,890AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$76,588CashDeemedCharitableAmt
Net Vl Noncharitable Assets$5,029,302NetVlNoncharitableAssetsAmt
Minimum Investment Return$251,465MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$251,465MinimumInvestmentReturnAmt
Tax Based On Investment Income$1,709TaxBasedOnInvestmentIncomeAmt
Total Tax$1,709TotalTaxAmt
Distributable Before Adj$249,756DistributableBeforeAdjAmt
Distributable Before Ded$249,756DistributableBeforeDedAmt
Distributable As Adjusted$249,756DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$270,787ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Charitable Assets Acquis Paid$0CharitableAssetsAcquisPaidAmt
Set Aside Suitability Test$0SetAsideSuitabilityTestAmt
Set Aside Cash Distri Test$0SetAsideCashDistriTestAmt
Qualifying Distributions$270,787QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$249,756DistributableAsAdjustedAmt
Undistributed Income PY$270,212UndistributedIncomePYAmt
Prior Year12020PriorYear1Yr
Prior Year22019PriorYear2Yr
Prior Year32018PriorYear3Yr
Qualifying Distributions$270,787QualifyingDistributionsAmt
Applied To Year1$270,212AppliedToYear1Amt
Applied To Current Year$575AppliedToCurrentYearAmt
Remaining Distri From Corpus$0RemainingDistriFromCorpusAmt
Total Corpus$0TotalCorpusAmt
Undistributed Income CY$249,181UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$0ExcessDistriCyovToNextYrAmt
Excess From Current Year$0ExcessFromCurrentYearAmt
FieldValueIRS element (for citing)
Private Operating FoundationsPrivateOperatingFoundationsGrp

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (9 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
AGRICULTURAL STEWARDSHIP ASSOCIATION
2531 STATE RTE 40GREENWICHNY12834N/APCGeneral & Unrestricted$25,000
BIRDSCARIBBEAN
14 BARNESDALE RDNATICKMA01760N/APCGeneral & Unrestricted$15,200
CLAY ART CENTER INC
40 BEECH STPORT CHESTERNY10573N/APCGeneral & Unrestricted$10,000
CORNELL UNIVERSITY
260 DAY HALLITHACANY14853N/APCThe Kheel Labor-Management endowment$30,000
INTERNATIONAL RESCUE COMMITTEE INC
PO BOX 6068ALBERT LEAMN56007N/APCFor Ukraine and neighboring countries in connection with the crisis caused by the war in Ukraine$50,000
INTERNATIONAL RESCUE COMMITTEE INC
PO BOX 6068ALBERT LEAMN56007N/APCFor the Humanitarian Crisis in Yemen$15,000
MERCY FOR ANIMALS
8033 SUNSET BLVD STE 864LOS ANGELESCA90046N/APCGeneral & Unrestricted$18,250
NEW YORK URBAN LEAGUE INC
8 W 126TH STNEW YORKNY10027N/APCGeneral & Unrestricted$30,000
RAINFOREST TRUST
PO BOX 841WARRENTONVA20188N/APCGeneral & Unrestricted$50,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$243,450TotalGrantOrContriPdDurYrAmt

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$4,253ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$72,442ExclusionAmt
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$71,933ExclusionAmt
FieldValueIRS element (for citing)
Net Income Loss From Special EvtNetIncomeLossFromSpecialEvtGrp
Gross Profit Loss Sls Of InvntryGrossProfitLossSlsOfInvntryGrp

Other Revenue Described OtherRevenueDescribedGrp (2 entries)

DescDescExclusionExclusionCdExclusionExclusionAmt
CREDIT CARD REWARDS01$6
CLASS ACTION LAWSUIT PROCEEDS01$40

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$148,674ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$148,674TotalIncomeProducingActyAmt

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)
CategoryAudit FeesCategoryTxt
Amt$5,200Amt
Disbursements Charitable Prps$5,200DisbursementsCharitablePrpsAmt

Depreciation Schedule DepreciationSchedule

Expenditure Responsibility Stmt ExpenditureResponsibilityStmt

Expenditure Responsibility ExpenditureResponsibilityGrp

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE PERSISTENCE FOUNDATION INCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 11AddressLine1Txt
CityEAGLE BRIDGECityNm
State AbbreviationNYStateAbbreviationCd
ZIP12057ZIPCd
FieldValueIRS element (for citing)
Grant2020-12-09GrantDt
Grant$233,800GrantAmt
Purpose Of GrantPRI LOAN - TO ENSURE THE CONTINUING SUCCESS OF LAND CONSERVATION AND AGRICULTURAL PRESERVATIONPurposeOfGrantTxt
Any Diversion By GranteeNOAnyDiversionByGranteeTxt
Dates Of Reports By GranteeSEE GENERAL EXPLANATION FOR DATES OF REPORTSDatesOfReportsByGranteeTxt
Results Of VerificationSEE GENERAL EXPLANATION FOR DETAILS REGARDING AMOUNT EXPENDED, LACK OF DIVERSION, AND VERIFICATIONResultsOfVerificationTxt

General Explanation Attachment GeneralExplanationAttachment

General Explanation GeneralExplanationGrp

FieldValueIRS element (for citing)
IdentifierFORM 990-PF, PART VI-B, LINE 5D - EXPENDITURE RESPONSIBILITYIdentifierTxt
Form And Line ReferenceFORM 990-PF, PART VI-B, LINE 5D - EXPENDITURE RESPONSIBILITYFormAndLineReferenceDesc
Medium ExplanationPRI RECIPIENT: THE PERSISTENCE FOUNDATION, INC. DATE OF PRI: DECEMBER 9, 2020 REPORTS OF AMOUNTS EXPENDED: RECIPIENT HAS SUBMITTED A FULL AND COMPLETE FINANCIAL REPORT OF THE TYPE ORDINARILY REQUIRED BY COMMERCIAL INVESTORS UNDER SIMILAR CIRCUMSTANCES AND A STATEMENT THAT IT HAS COMPLIED WITH THE TERMS OF THE INVESTMENT FOR ITS FISCAL YEARS ENDING 7/31/19, 7/31/20, 7/31/21, AND 7/31/22. THE FINANCIAL REPORT SUBMITTED BY RECIPIENT WAS AUDITED BY AN INDEPENDENT ACCOUNTING FIRM. DATES OF REPORTS: 11/22/2019, 01/07/2021, 02/03/2021, 12/26/2021, 02/13/2023 THIS INVESTMENT REMAINED ON THE FOUNDATION'S BOOKS AS OF 12/31/2022. DIVERSIONS: TO THE KNOWLEDGE OF THE GRANTOR, NO FUNDS HAVE BEEN DIVERTED TO ANY ACTIVITY OTHER THAN THE ACTIVITY FOR WHICH THE INVESTMENT WAS ORIGINALLY MADE. VERIFICATION: THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORTS FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORTS WERE MADE.MediumExplanationTxt

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp (11 entries)

BondBondNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
APPLE INC - 3.450% - 05/06/202$35,307$34,375
BANK AMER CORP - 4.125% - 01/2$35,254$34,696
BERKSHIRE HATHAWAY INC - 0.000$35,050$34,850
CATERPILLAR FINL SVCS MTNS BE$50,100$48,864
CISCO SYSTEMS INC - 3.625% - 0$35,537$34,528
COCA COLA CO - 1.450% - 06/01/$24,876$22,070
DISNEY WALT CO - 2.950% - 06/1$18,380$18,657
GOLDMAN SACHS GROUP INC - 3.62$35,120$34,971
HOME DEPOT INC - 2.700% - 04/0$35,088$34,836
PEPSICO INC - 2.750% - 03/01/2$49,822$49,818
TOYOTA MTR CR CORP SER B MTN C$26,675$23,067

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (42 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
ALPHABET INC CL A$39,481$88,230
ALPHABET INC CL C$38,452$88,730
AMAZON COM$47,655$117,600
AMERICAN WATER WORKS COMPANY I$23,307$102,121
AMERIPRISE FINANCIAL INC$13,560$77,843
APPLE INC$64,003$348,212
BROADCOM INC$18,998$72,687
CAPITAL ONE FINANCIAL CORP$50,378$52,987
CHEVRON CORP$20,771$43,975
CIGNA CORPORATION$58,923$132,536
CISCO SYSTEMS INC$19,987$45,734
CITIGROUP INC$47,178$51,653
CONAGRA FOODS INC$14,086$22,446
COSTCO WHOLESALE CORPORATION$28,480$79,888
ECOLAB INC$30,929$38,573
EOG RESOURCES INC$17,564$40,799
FIDELITY NATIONAL INFORMATION$16,987$18,659
HCA INC$23,027$71,988
HOME DEPOT INC$12,991$126,344
INTUIT$14,447$56,437
JP MORGAN CHASE$47,784$140,135
KROGER CO$36,365$43,688
MCKESSON CORP$43,819$75,024
METLIFE INC$22,291$44,869
MICROSOFT CORP$85,445$364,525
NEXTERA ENERGY, INC$8,918$56,848
NIKE INC-CL B$50,541$91,853
NORFOLK SOUTHERN CORP$19,207$75,158
NXP SEMICONDUCTORS$7,700$20,544
OCCIDENTAL PETROLEUM CORP$36,629$33,952
ORACLE CORP$23,919$56,401
PEPSICO INC$36,975$65,941
PHILLIPS 66$30,679$39,030
PROLOGIS$34,736$95,821
REGAL REXNORD CORP$16,526$29,395
ROPER INDUSTRIES$39,493$88,578
SEALED AIR CORP$18,848$34,417
T-MOBILE US INC$15,184$78,400
THERMO FISHER SCIENTIFIC INC$54,166$330,414
TRANSDIGM GRP INC$11,167$31,483
VISA INC$48,374$126,734
WALT DISNEY HOLDINGS CO$40,055$43,440

Investments Govt Obligations Sch InvestmentsGovtObligationsSch

FieldValueIRS element (for citing)
US Govt Obligations Book Vl EOY$400,559USGovtObligationsBookVlEOYAmt
US Govt Obligations EOYFMV$375,882USGovtObligationsEOYFMVAmt

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp

FieldValueIRS element (for citing)
DescPRI-THE PERSISTENCE FOUNDATIONDesc
EOY Book Value$233,800EOYBookValueAmt
EOYFMV$233,800EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
Administrative Fees$21,523$21,523
State or Local Filing Fees$250$250
Website Hosting/Support$364$364

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmt
Class Action Lawsuit Proceeds$40$40
CREDIT CARD REWARDS$6$6

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryInvestment Management ServicesCategoryTxt
Amt$25,745Amt
Net Investment Income$25,745NetInvestmentIncomeAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmt
990-PF Estimated Tax for 2022$1,500
990-PF Excise Tax for 2021$768

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