BACON FAMILY FOUNDATION: Form 990PF, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- BACON FAMILY FOUNDATION (EIN 74-3070936)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-06-23
- IRS object ID
- 202341749349100419
- 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
- Schedule B
- Accounting Fees Schedule
- Investments Corp Stock Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-06-23T13:33:31-05:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 911301672 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SWEENEY CONRAD PS | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10210 NE POINTS DRIVE SUITE 300 | AddressLine1Txt |
| City | KIRKLAND | CityNm |
| State Abbreviation | WA | StateAbbreviationCd |
| ZIP | 98033 | 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 | 743070936 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BACON FAMILY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | BACO | BusinessNameControlTxt |
| Phone | 4252562662 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 848 | AddressLine1Txt |
| City | MEDINA | CityNm |
| State Abbreviation | WA | StateAbbreviationCd |
| ZIP | 98039 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MICHAEL V GRIFFITH | PersonNm |
| Person Title | SECRETARY | PersonTitleTxt |
| Phone | 4252562662 | PhoneNum |
| Signature | 2023-06-21 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | MICHAEL | PersonFirstNm |
| Person Last | GRIFFITH | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | GREGORY N LACOMBE CPA | PreparerPersonNm |
| PTIN | P01226401 | PTIN |
| Phone | 4256291990 | PhoneNum |
| Preparation | 2023-06-21 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| 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) |
|---|---|---|
| Name Change | Yes (X) | NameChangeInd |
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $2,607,793 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $60,000 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $233 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $233 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $40,568 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $40,568 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $268,829 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $495,125 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $268,829 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $369,630 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $309,630 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $0 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $69,870 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $0 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $69,870 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $4,575 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $4,575 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $61,822 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $38,822 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $0 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $23,000 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $13,550 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $240 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $0 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $13,310 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $9,661 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $0 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $9,661 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $159,478 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $43,637 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $115,841 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $343,806 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $343,806 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $503,284 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $43,637 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $459,647 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$133,654 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $265,993 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $20,704 | CashBOYAmt |
| Cash EOY | $71,617 | CashEOYAmt |
| Cash EOYFMV | $71,617 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $14,853 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $15,415 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $15,415 | SavAndTempCashInvstEOYFMVAmt |
| Rcvbl From Officers BOY | $480 | RcvblFromOfficersBOYAmt |
| Corporate Stock BOY | $3,625,236 | CorporateStockBOYAmt |
| Corporate Stock EOY | $2,520,761 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $2,520,761 | CorporateStockEOYFMVAmt |
| Total Assets BOY | $3,661,273 | TotalAssetsBOYAmt |
| Total Assets EOY | $2,607,793 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $2,607,793 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $790 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $12,772 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $790 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $12,772 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $3,660,483 | RetainedEarningBOYAmt |
| Retained Earning EOY | $2,595,021 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $3,660,483 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $2,595,021 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $3,661,273 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $2,607,793 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $3,660,483 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$133,654 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $3,526,829 | SubtotalAmt |
| Other Decreases | $931,808 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $2,595,021 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (7 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| NEWMONT CORPORATION | P | 2021-06-24 | 2022-04-21 | $46,314 | $37,524 | $8,790 | $8,790 |
| COINBASE GLOBAL INC | P | 2021-09-01 | 2022-07-20 | $14,979 | $53,036 | -$38,057 | -$38,057 |
| ALPHABET INC | P | 2021-06-15 | 2022-12-23 | $139,997 | $16,949 | $123,048 | $123,048 |
| APPLE INC | P | 2016-06-24 | 2022-10-24 | $85,507 | $12,811 | $72,696 | $72,696 |
| NEWMONT CORPORATION | P | 2021-01-20 | 2022-04-21 | $74,471 | $62,995 | $11,476 | $11,476 |
| UNITEDHEALTH GROUP INC | P | 2013-02-06 | 2022-12-23 | $84,313 | $9,338 | $74,975 | $74,975 |
| META PLATFORMS INC | P | 2017-03-02 | 2022-10-24 | $49,544 | $33,643 | $15,901 | $15,901 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $268,829 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $3,697 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $3,697 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $3,697 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $5,200 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $5,200 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $1,503 | OverpaymentAmt |
| Applied To ES Tax | $1,503 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | WA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | MIKE GRIFFITH | IndividualWithBooksNm |
| Phone | 4252562662 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O PAR 4 LLC - PO BOX 848 | AddressLine1Txt |
| City | MEDINA | CityNm |
| State Abbreviation | WA | StateAbbreviationCd |
| ZIP | 98039 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (1) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (7 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 |
|---|---|---|---|---|---|---|---|---|
| JOHN E BACON | ||||||||
| PO BOX 848 | MEDINA | WA | 98039 | PRESIDENT | 2.00 | $0 | $0 | $0 |
| DEBRA BACON | ||||||||
| PO BOX 848 | MEDINA | WA | 98039 | VICE PRESIDENT | 1.00 | $0 | $0 | $0 |
| MICHAEL V GRIFFITH | ||||||||
| PO BOX 848 | MEDINA | WA | 98039 | SECRETARY/TREASURER | 1.00 | $0 | $0 | $0 |
| JOHN D BACON | ||||||||
| PO BOX 848 | MEDINA | WA | 98039 | DIRECTOR | 10.00 | $25,876 | $0 | $0 |
| JOSEPH A BACON | ||||||||
| PO BOX 848 | MEDINA | WA | 98039 | DIRECTOR | 10.00 | $0 | $0 | $0 |
| ANTHONY R BACON | ||||||||
| PO BOX 848 | MEDINA | WA | 98039 | DIRECTOR | 8.00 | $0 | $0 | $0 |
| ALISSA B BACON | ||||||||
| PO BOX 848 | MEDINA | WA | 98039 | DIRECTOR | 10.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | THE JOHN AND DEBRA BACON FAMILY FOUNDATION PROVIDES SUPPORT TO OTHER QUALIFIED 501(C)(3) ORGANIZATIONS ALLOWING THEM TO CARRY OUT CHARITABLE ACTIVITIES. ORGANIZATIONS SERVED = 18 | Description1Txt |
| Expenses1 | $343,806 | Expenses1Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $2,893,580 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $86,209 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $2,979,789 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $2,979,789 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $44,697 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $2,935,092 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $146,755 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $146,755 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $3,697 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $3,697 | TotalTaxAmt |
| Distributable Before Adj | $143,058 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $143,058 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $143,058 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $459,647 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $459,647 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $143,058 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $314,864 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $306,645 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $226,692 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $279,652 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $222,448 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $1,350,301 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $459,647 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $143,058 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $316,589 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $1,666,890 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $314,864 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $1,352,026 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $306,645 | ExcessFromYear4Amt |
| Excess From Year3 | $226,692 | ExcessFromYear3Amt |
| Excess From Year2 | $279,652 | ExcessFromYear2Amt |
| Excess From Year1 | $222,448 | ExcessFromYear1Amt |
| Excess From Current Year | $316,589 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | JOHN E BACON | ContributingManagerNm |
| Contributing Manager | DEBRA BACON | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (18 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| BOYS AND GIRLS CLUB | |||||||
| 209 100TH AVENUE NE | BELLEVUE | WA | 98004 | NONE | 501(C)(3) EXEMPT ORG | FUNDING OF GENERAL CHARITABLE OPERATIONS | $101,000 |
| BRIDGE RECEIVING CENTER | |||||||
| PO BOX 2930 | WOODINVILLE | WA | 98072 | NONE | 501(C)(3) EXEMPT ORG | FUNDING OF GENERAL CHARITABLE OPERATIONS | $50,000 |
| EASTSIDE ACADEMY | |||||||
| 1800 100TH AVE NE | BELLEVUE | WA | 98004 | NONE | 501(C)(3) EXEMPT ORG | FUNDING OF GENERAL CHARITABLE OPERATIONS | $39,750 |
| JUBILEE REACH | |||||||
| 14200 SE 13TH PLACE | BELLEVUE | WA | 98007 | NONE | 501(C)(3) EXEMPT ORG | FUNDING OF GENERAL CHARITABLE OPERATIONS | $425 |
| LAKE HILLS ELEMENTARY | |||||||
| 14310 SE 12TH ST | BELLEVUE | WA | 98007 | NONE | 501(C)(3) EXEMPT ORG | FUNDING OF GENERAL CHARITABLE OPERATIONS | $5,000 |
| NO MORE UNDER | |||||||
| 1100 BELLEVUE WAY NE SUITE 81-563 | BELLEVUE | WA | 98004 | NONE | 501(C)(3) EXEMPT ORG | FUNDING OF GENERAL CHARITABLE OPERATIONS | $36,000 |
| RAINIER ATHLETES | |||||||
| 17215 SE 29TH COURT | BELLEVUE | WA | 98008 | NONE | 501(C)(3) EXEMPT ORG | FUNDING OF GENERAL CHARITABLE OPERATIONS | $35,000 |
| SACRED HEART SCHOOL | |||||||
| 9460 NE 14TH ST | CLYDE HILL | WA | 98004 | NONE | 501(C)(3) EXEMPT ORG | FUNDING OF GENERAL CHARITABLE OPERATIONS | $3,000 |
| STEVENSON ELEMENTARY | |||||||
| 220 NE 8TH ST | BELLEVUE | WA | 98007 | NONE | 501(C)(3) EXEMPT ORG | FUNDING OF GENERAL CHARITABLE OPERATIONS | $3,000 |
| UNIVERSITY OF WASHINGTON | |||||||
| BOX 359505 | SEATTLE | WA | 98195 | NONE | 501(C)(3) EXEMPT ORG | FUNDING OF GENERAL CHARITABLE OPERATIONS | $29,138 |
| BELLEVUE BOYS LACROSSE CLUB | |||||||
| 227 BELLEVUE WAY NE | BELLEVUE | WA | 98004 | NONE | 501(C)(3) EXEMPT ORG | FUNDING OF GENERAL CHARITABLE OPERATIONS | $2,500 |
| AMERICAN SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS | |||||||
| 424 EAST 92ND STREET | NEW YORK | NY | 10128 | NONE | 501(C)(3) EXEMPT ORG | FUNDING OF GENERAL CHARITABLE OPERATIONS | $1,000 |
| HABITAT FOR HUMANITY | |||||||
| 13500 BEL-RED RD | BELLEVUE | WA | 98005 | NONE | 501(C)(3) EXEMPT ORG | FUNDING OF GENERAL CHARITABLE OPERATIONS | $1,000 |
| HEALING HEARTS MINISTRIES | |||||||
| 5648 BENSON HARDEE RD | BENSON | NC | 27504 | NONE | 501(C)(3) EXEMPT ORG | FUNDING OF GENERAL CHARITABLE OPERATIONS | $500 |
| BIRTHDAY DREAMS | |||||||
| 1084 KIRKLAND AVE NE | RENTON | WA | 98056 | NONE | 501(C)(3) EXEMPT ORG | FUNDING OF GENERAL CHARITABLE OPERATIONS | $9,315 |
| BIG BROTHERS BIG SISTERS OF PUGET SOUND | |||||||
| 1600 S GRAHAM ST | SEATTLE | WA | 98108 | NONE | 501(C)(3) EXEMPT ORG | FUNDING OF GENERAL CHARITABLE OPERATIONS | $2,500 |
| SOLID GROUND | |||||||
| 1501 N 45TH STREET | SEATTLE | WA | 98103 | NONE | 501(C)(3) EXEMPT ORG | FUNDING OF GENERAL CHARITABLE OPERATIONS | $678 |
| BELLEVUE SCHOOLS FOUNDATION | |||||||
| 12241 MAIN ST BLDG 5 | BELLEVUE | WA | 98005 | NONE | 501(C)(3) EXEMPT ORG | FUNDING OF GENERAL CHARITABLE OPERATIONS | $24,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $343,806 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $233 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $40,568 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $268,829 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $309,630 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $309,630 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JOHN E AND DEBRA BACON | BusinessNameLine1Txt |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 848 | AddressLine1Txt |
| City | MEDINA | CityNm |
| State Abbreviation | WA | StateAbbreviationCd |
| ZIP | 98039 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $60,000 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $4,575 | Amt |
| Net Investment Income | $4,575 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | JP MORGAN - US MANAGED EQUITY FUNDS | StockNm |
| EOY Book Value | $2,520,761 | EOYBookValueAmt |
| EOYFMV | $2,520,761 | EOYFMVAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| NONDEDUCTIBLE EXPENSES | $1,000 |
| UNREALIZED GAIN/LOSS ON INVESTMENTS | $930,808 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| ADMINISTRATIVE EXPENSE | $70 | $0 | $0 | $70 |
| MEALS AND ENTERTAINMENT | $3,141 | $0 | $0 | $3,141 |
| SOFTWARE | $1,916 | $0 | $0 | $1,916 |
| MISCELLANEOUS | $4,534 | $0 | $0 | $4,534 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PAYROLL LIABILTIES | Desc |
| BOY Book Value | $790 | BOYBookValueAmt |
| EOY Book Value | $12,772 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| INVESTMENT ADVISOR FEES | $38,822 | $38,822 | $0 | $0 |
| CONSULTING FEES | $23,000 | $0 | $0 | $23,000 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| FOREIGN TAXES | $240 | $240 | $0 | $0 |
| PAYROLL TAXES | $4,370 | $0 | $0 | $4,370 |
| FEDERAL TAXES | $8,940 | $0 | $0 | $8,940 |
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