2023-05-09T13:09:43-05:00 2022-12-31 Foundation Source 3333 New Hyde Park Rd Ste 406 New Hyde Park NY 11042 990PF 2022-01-01 821841968 AD Disaster Relief Foundation % Foundation Source ADDI 8008391754 Foundation Source 501 Silverside Rd Wilmington DE 198091377 drew moyer treasurer 8008391754 2023-05-04 true drew moyer 999009999 Jeffrey D Haskell P01345770 8008391754 2022 2023-04-26 12:10:37Z X 291107 X 348828 149 149 0 348977 149 0 1206 0 0 1206 15400 0 0 15400 100 56264 10 56254 72970 10 0 72860 36300 36300 109270 10 0 109160 239707 139 51400 291107 291107 51400 291107 291107 0 0 X 51400 291107 51400 291107 51400 291107 51400 239707 291107 291107 2 2 2 98 0 98 96 96 false false false false false false true true true DE true false false false false true Foundation Source 8008391754 501 Silverside Road Suite 123 Wilmington DE 198091377 false false false false false false false false false false false false false false false false false false false false false Drew Moyer Foundation Source 501 Silverside Rd Wilmington DE 198091377 Treas 2.0 0 0 0 William E Weisberg Foundation Source 501 Silverside Rd Wilmington DE 198091377 Dir, Pres, Sec 3.0 0 0 0 Foundation Source 55 Walls Drive 3rd Fl Fairfield CT 06824 Administrative 55000 0 56843 0 56843 0 56843 853 55990 2800 2800 2 2 2798 2798 2798 109160 0 0 0 0 109160 2798 2020 2019 2018 236406 208148 101910 73018 79133 698615 109160 2798 106362 804977 0 12000 224406 568571 208148 101910 73018 79133 106362 William E Weisberg X B Lajaunie 141 Manchester Drive Houma LA 70360 NONE I Disaster Relief Assistance 3500 C Mason 1997 Whittier Street 2nd floor Rahway NJ 07065 NONE I Disaster Relief Assistance 1500 C Wittmeier 741 S Hill Street Salem SD 57058 NONE I Disaster Relief Assistance 5000 C Yates 334 s van ave a-frame Houna LA 70363 NONE I Disaster Relief Assistance 2500 D Authement 500 Gaynell Dr Houma LA 70364 NONE I Disaster Relief Assistance 3500 D Fonseca 207 Satin Pius Street Houna LA 70363 NONE I Disaster Relief Assistance 2500 E Schafer 44586 182nd Street Hazel SD 57242 NONE I Disaster Relief Assistance 5000 R Verrett Brooke St 1412 Houma LA 70363 NONE I Disaster Relief Assistance 3800 S Kelly 156 Felicia Street Houma LA 70363 NONE I Disaster Relief Assistance 4000 V Simmons-Farnum 159 Main Street Apt E27 Rahway NJ 07065 NONE I Disaster Relief Assistance 5000 36300 14 149 149 149 false false false false false false false false false false X X 1 A B Pipe Supply Inc 6500 NW 37 Avenue Miami FL 33147 12000 X 2 Affiliated Distributors Inc 500 E Swedesford Road Wayne PA 19087 53537 X 3 Dakota Supply Group 2727 Commerce Street La Crosse WI 54603 10000 X 4 Eastern Industrial Supplies Inc 11 Caledon Court Suite A Greenville SC 29615 5000 X 5 Engineering and Equipment Company PO Box 588 Albany GA 31702 10000 X 6 Weisberg William E 500 E Swedesford Road Wayne PA 19087 250000 X GENERAL CONSULTATIONS 15400 15400 Form 990-PF, Part XII, Line 7 Form 990-PF, Part XII, Line 7 Election to Treat Unused Prior Year Corpus Distributions as Current Year Corpus Distributions Pursuant to Treasury Regulations Section 53.4942(a)-3(c)(2)(iv), AD Disaster Relief Foundation hereby elects to treat, as a current distribution out of corpus, the following unused prior year's distributions that were treated as corpus distributions under Treasury Regulations Section 53.4942(a)-3(d)(1)(iii) in such prior tax year: Tax Year: 2017 Amount: $12,000 By: Drew Moyer Title: Treasurer Form 990-PF, Part XII, Line 7 Form 990-PF, Part XII, Line 7 AD Disaster Relief Foundation (the "Foundation") received a grant of $12,000 in the taxable year ending 12/31/2021 from Rugby Street Foundation, a private non-operating foundation. As reported in Part XII, Line 7, the Foundation hereby elects to treat $12,000 of 2017 qualifying distributions as distributions out of corpus as required by Internal Revenue Code Section 4942(g)(3) and Treasury Regulations Section 53.4942(a)-3(c)(2). See attached election to treat $12,000 of 2017 qualifying distributions as current distributions out of corpus. Additionally, as required, the Foundation has no remaining undistributed income for 2022. As explained below, the Foundation has no plans for dissolution. This statement is submitted to report the distribution of certain assets during the year. The distributions resulted in a substantial contraction of assets. The following information is submitted in accordance with Treasury Regulation Section 1.6043-3(a)(1) and the Form 990-PF instructions: During the taxable year ending December 31, 2022, the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled $36,300. This amount represents 25% or more of the Foundation's net assets of $51,400 (as measured by fair market value) at the beginning of the Foundation's taxable year ending December 31, 2022. Although the Foundation technically experienced a substantial contraction, it will continue in existence and has no plans for dissolution. The Foundation made distributions of cash to the grantees listed in the attachment to Part XIV, Line 3a; each such grant was made solely for the charitable purpose specified therein. Document Review/Drafting 1206 1206 Administrative Fees 55000 55000 Bank Charges 10 10 Indemnification Insurance 560 560 CREDIT CARD FEES 669 669 State or Local Filing Fees 25 25 990-PF Extension for 2021 100