ALDERBAUGH FOUNDATION: Form 990PF, tax year 2022

View the entire original 990 at ProPublica ↗

Organization: ALDERBAUGH FOUNDATION (EIN 23-2173929)
Tax period: 2022-01-01 to 2022-12-31
Filed: 2023-05-15
IRS object ID: 202311359349104461
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
Form 990-PF
Accounting Fees Schedule
Investments Corp Stock Schedule
Other Decreases Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2023-05-15T15:20:51-04:00	ReturnTs
Tax Period End	2022-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	232749044	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	BEE BERGVALL & CO	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	130 ALMSHOUSE RD SUITE 201A	AddressLine1Txt
City	RICHBORO	CityNm
State Abbreviation	PA	StateAbbreviationCd
ZIP	18954	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2022-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	232173929	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	ALDERBAUGH FOUNDATION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	ALDE	BusinessNameControlTxt
Phone	2159684224	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	130 ALMSHOUSE ROAD SUITE 201A	AddressLine1Txt
City	RICHBORO	CityNm
State Abbreviation	PA	StateAbbreviationCd
ZIP	18954	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	GLORIA DENOON	PersonNm
Person Title	FOUNDATION MGR	PersonTitleTxt
Phone	2129824927	PhoneNum
Signature	2023-05-15	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	GLORIA	PersonFirstNm
Person Last	DENOON	PersonLastNm

Field	Value	IRS element (for citing)
SSN	XXX-XX-XXXX	SSN

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

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	CRAIG BURTON CPA	PreparerPersonNm
PTIN	P00145999	PTIN
Phone	2159684224	PhoneNum
Preparation	2023-05-11	PreparationDt

Field	Value	IRS element (for citing)
Tax	2022	TaxYr
Build TS	2023-04-26 12:10:37Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$3,760,891	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	$102	InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm	$102	InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss	$69,140	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$69,140	DividendsNetInvstIncmAmt
Total Rev And Expnss	$69,242	TotalRevAndExpnssAmt
Total Net Invst Incm	$69,242	TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss	$3,200	AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm	$1,600	AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps	$1,600	AccountingFeesChrtblPrpsAmt
Printing And Pub Rev And Expnss	$1,076	PrintingAndPubRevAndExpnssAmt
Printing And Pub Net Invst Incm	$1,076	PrintingAndPubNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss	$4,276	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$2,676	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$1,600	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$234,000	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$234,000	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$238,276	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$2,676	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$235,600	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	-$169,034	ExcessRevenueOverExpensesAmt
Net Investment Income	$66,566	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Sav And Temp Cash Invst BOY	$406,666	SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY	$89,550	SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV	$89,550	SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY	$3,921,595	CorporateStockBOYAmt
Corporate Stock EOY	$3,267,111	CorporateStockEOYAmt
Corporate Stock EOYFMV	$3,671,341	CorporateStockEOYFMVAmt
Total Assets BOY	$4,328,261	TotalAssetsBOYAmt
Total Assets EOY	$3,356,661	TotalAssetsEOYAmt
Total Assets EOYFMV	$3,760,891	TotalAssetsEOYFMVAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY	$4,328,261	NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY	$3,356,661	NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY	$4,328,261	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$3,356,661	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$4,328,261	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$3,356,661	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$4,328,261	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	-$169,034	ExcessRevenueOverExpensesAmt
Subtotal	$4,159,227	SubtotalAmt
Other Decreases	$802,566	OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY	$3,356,661	TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$925	InvestmentIncomeExciseTaxAmt
Subtotal	$925	SubtotalAmt
Tax Based On Investment Income	$925	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$1,104	EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits	$1,104	TotalPaymentsAndCreditsAmt
Overpayment	$179	OverpaymentAmt
Applied To ES Tax	$0	AppliedToESTaxAmt
Refund	$179	RefundAmt

Statements Regarding Acty StatementsRegardingActyGrp

Field	Value	IRS element (for citing)
Legislative Political Acty	false	LegislativePoliticalActyInd
More Than100 Spent	false	MoreThan100SpentInd
Activities Not Previously Rpt	false	ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws	false	ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit	false	UnrelatedBusIncmOverLimitInd
Section508e Rqr Satisfied	false	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (true)	AtLeast5000InAssetsInd
Org Report Or Register State	PA	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
Individual With Books	BEE BERGVALL COMPANY	IndividualWithBooksNm
Phone	2159684224	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	130 ALMSHOUSE RD SUITE 201A	AddressLine1Txt
City	RICHBORO	CityNm
State Abbreviation	PA	StateAbbreviationCd
ZIP	18954	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
Undistributed Income PY	false	UndistributedIncomePYInd
Business Holdings	false	BusinessHoldingsInd
Excess Business Holdings	false	ExcessBusinessHoldingsInd
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	Employee Benefit ProgramEmployeeBenefitProgramAmt	Expense Account Other AllwncExpenseAccountOtherAllwncAmt
GLORIA DENOON
130 ALMSHOUSE ROAD	RICHBORO	PA	18954	FOUNDATION M	2.00	$0	$0	$0
DAVID BH DENOON
130 ALMSHOUSE ROAD	RICHBORO	PA	18954	DIRECTOR	2.00	$0	$0	$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

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Field	Value	IRS element (for citing)
Description1	N/A	Description1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$3,772,181	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$275,171	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$4,047,352	TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast	$4,047,352	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$60,710	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$3,986,642	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$199,332	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$199,332	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$925	TaxBasedOnInvestmentIncomeAmt
Total Tax	$925	TotalTaxAmt
Distributable Before Adj	$198,407	DistributableBeforeAdjAmt
Distributable Before Ded	$198,407	DistributableBeforeDedAmt
Distributable As Adjusted	$198,407	DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$235,600	ExpensesAndContributionsAmt
Qualifying Distributions	$235,600	QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$198,407	DistributableAsAdjustedAmt
Excess Distribution Cyov Yr1	$84,088	ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov	$84,088	TotalExcessDistributionCyovAmt
Qualifying Distributions	$235,600	QualifyingDistributionsAmt
Applied To Current Year	$198,407	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$37,193	RemainingDistriFromCorpusAmt
Total Corpus	$121,281	TotalCorpusAmt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr	$121,281	ExcessDistriCyovToNextYrAmt
Excess From Year1	$84,088	ExcessFromYear1Amt
Excess From Current Year	$37,193	ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Application Submission Info ApplicationSubmissionInfoGrp

Field	Value	IRS element (for citing)
Recipient Person	BEE BERGVALL CO	RecipientPersonNm

Recipient US Address RecipientUSAddress

Field	Value	IRS element (for citing)
Address Line1	130 ALMSHOUSE RD SUITE 201A	AddressLine1Txt
Address Line2	ATTN C BURTON	AddressLine2Txt
City	RICHBORO	CityNm
State Abbreviation	PA	StateAbbreviationCd
ZIP	18954	ZIPCd

Field	Value	IRS element (for citing)
Recipient Phone	2159684224	RecipientPhoneNum
Form And Info And Materials	WRITTEN	FormAndInfoAndMaterialsTxt
Submission Deadlines	NONE	SubmissionDeadlinesTxt
Restrictions On Awards	NONE	RestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (5 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
GEORGE SCHOOL
1690 NEWTOWN LANGHORNE RD	NEWTOWN	PA	18940	STEAM CURRICULUM	$100,000
WRIGHTSTOWN MEETING
RT 413	WRIGHTSTOWN	PA	18940	MAINTENANCE	$3,000
GEORGE SCHOOL
1690 NEWTOWN LANGHORNE RD	NEWTOWN	PA	18940	ANNUAL FUND	$6,000
BUCKS CO COMMUNITY COLLEGE
275 SWAMP ROAD	NEWTOWN	PA	18940	PLACEMENT PROGRAM	$25,000
BUCKINGHAM FRIENDS SCHOOL
YORK ROAD	LAHASKA	PA	18902	BUILDING FUND	$100,000

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$234,000	TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$102	ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$69,140	ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Exclusion	$69,242	ExclusionAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$69,242	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

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Field	Value	IRS element (for citing)
Category	INDIRECT ACCOUNTING FEES	CategoryTxt
Amt	$3,200	Amt
Net Investment Income	$1,600	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$1,600	DisbursementsCharitablePrpsAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (6 entries)

StockStockNm	EOY Book ValueEOYBookValueAmt	EOYFMVEOYFMVAmt
VANGUARD SMALL-CAP	$1,477,320	$1,477,320
VANGUARD 500 INDEX	$1,527,371	$1,527,371
COCA-COLA	$64,803	$127,220
INTEL	$41,607	$52,860
MERCK	$43,754	$332,850
PFIZER	$112,256	$153,720

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

Field	Value	IRS element (for citing)
Desc	UNREALIZED LOSSES	Desc
Amt	$802,566	Amt

ALDERBAUGH FOUNDATION: Form 990PF, tax year 2022

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

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

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

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Statements Regarding Acty StatementsRegardingActyGrp

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)

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Minimum Investment Return MinimumInvestmentReturnGrp

Distributable Amount DistributableAmountGrp

PF Qualifying Distributions PFQualifyingDistributionsGrp

Undistributed Income UndistributedIncomeGrp

Supplementary Information SupplementaryInformationGrp

Application Submission Info ApplicationSubmissionInfoGrp

Recipient US Address RecipientUSAddress

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (5 entries)

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (6 entries)

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

Comments