GRACE K AND WESLEY S ALPERT CHARITABLE FOUNDATION: Form 990PF, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- GRACE K AND WESLEY S ALPERT CHARITABLE FOUNDATION (EIN 45-6592383)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-06-26
- IRS object ID
- 202341779349100309
- 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
- Depreciation Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Legal Fees Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-06-26T10:58:50-05:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WITHUMSMITHBROWNPC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 36 EXCHANGE TERRACE | AddressLine1Txt |
| City | PROVIDENCE | CityNm |
| State Abbreviation | RI | StateAbbreviationCd |
| ZIP | 02903 | 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 | 456592383 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Grace K and Wesley S Alpert Charitable | BusinessNameLine1Txt |
| Business Name Line2 | Foundation | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % THE FOUNDATION | InCareOfNm |
| Business Name Control | GRAC | BusinessNameControlTxt |
| Phone | 4014559800 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1000 Chapel View Blvd Suite 220 | AddressLine1Txt |
| City | Cranston | CityNm |
| State Abbreviation | RI | StateAbbreviationCd |
| ZIP | 02920 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Benjamin Paster | PersonNm |
| Person Title | Co-Trustee | PersonTitleTxt |
| Phone | 4014559800 | PhoneNum |
| Signature | 2023-06-21 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | Benjamin | PersonFirstNm |
| Person Last | Paster | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Helder Medeiros | PreparerPersonNm |
| PTIN | P00033534 | PTIN |
| Phone | 4012737600 | PhoneNum |
| Preparation | 2023-06-20 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| 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 | $61,282,291 | 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 | $0 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $5,179 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $5,179 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $1,413,228 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $1,413,228 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$2,041,636 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $14,896,001 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | -$623,229 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,418,407 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $150,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $75,000 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $75,000 | CompOfcrDirTrstDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $3,626 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $1,813 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $1,813 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $31,500 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $15,750 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $15,750 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $438,780 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $438,780 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $3,891 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $3,891 | TaxesNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $50 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $50 | OtherExpensesNetInvstIncmAmt |
| Tot Opr Expenses Rev And Expnss | $627,847 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $535,284 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $92,563 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $2,583,750 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $2,583,750 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $3,211,597 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $535,284 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $2,676,313 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$3,834,826 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $883,123 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $26,974 | CashBOYAmt |
| Sav And Temp Cash Invst BOY | $3,496,822 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $1,566,894 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $1,566,894 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations EOY | $6,676,296 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $6,726,563 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $23,900,477 | CorporateStockBOYAmt |
| Corporate Stock EOY | $22,800,950 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $29,325,318 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $73,602 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $73,602 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $62,667 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $31,942,576 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $24,432,197 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $23,600,849 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $59,440,451 | TotalAssetsBOYAmt |
| Total Assets EOY | $55,549,939 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $61,282,291 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $59,440,451 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $55,549,939 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $59,440,451 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $55,549,939 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $59,440,451 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $55,549,939 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $59,440,451 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$3,834,826 | ExcessRevenueOverExpensesAmt |
| Other Increases | $14,314 | OtherIncreasesAmt |
| Subtotal | $55,619,939 | SubtotalAmt |
| Other Decreases | $70,000 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $55,549,939 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (31 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| 1,000 META PLATFORMS INC | P | 2022-02-03 | 2022-11-07 | $95,768 | $236,840 | -$141,072 | -$141,072 |
| 11,453 AB LARGE CAP GROWTH ADVISOR | P | 2020-05-08 | 2022-05-13 | $848,726 | $747,017 | $101,709 | $101,709 |
| 4,875 ALIBABA GROUP HLDG LTD FSPONS | D | 2017-11-29 | 2022-11-07 | $336,385 | $871,567 | -$535,182 | -$535,182 |
| 116,614 BLACKROCK TOTAL RETURN INST | D | 2022-05-13 | $1,223,282 | $1,350,015 | -$126,733 | -$126,733 | |
| 38,871 BLACKROCK TOTAL RETURN INSTL | 2017-02-01 | 2022-11-07 | $370,444 | $450,005 | -$79,561 | -$79,561 | |
| 28,734 FIDELITY ADVISOR NEW INSIGHTS | D | 2017-06-21 | 2022-11-07 | $848,530 | $881,000 | -$32,470 | -$32,470 |
| 93,686 JHANCOCK BOND | D | 2022-05-13 | $1,331,283 | $1,498,045 | -$166,762 | -$166,762 | |
| 31,228 JHANCOCK BOND | P | 2020-05-08 | 2022-11-07 | $402,539 | $503,720 | -$101,181 | -$101,181 |
| 298,667 PACIFIC FUNDS FLOATING RATE | P | 2022-11-07 | $2,741,765 | $2,914,992 | -$173,227 | -$173,227 | |
| 465,900 PGIM SHORT-TERM CORPORATE | D | 2022-11-07 | $4,649,683 | $5,119,298 | -$469,615 | -$469,615 | |
| 5,000 PIMCO ENHANCED SHRT MATURITY | D | 2017-08-09 | 2022-11-07 | $490,989 | $508,585 | -$17,596 | -$17,596 |
| 103,199 PIMCO PREFERRED AND CAPITAL | P | 2020-04-20 | 2022-11-07 | $909,185 | $1,000,000 | -$90,815 | -$90,815 |
| 3,908 VANGUARD INTERNATIONAL GROWT | D | 2018-03-09 | 2022-11-07 | $353,493 | $400,000 | -$46,507 | -$46,507 |
| 923 WARNER BROTHERS DISCOVER | D | 2016-07-20 | 2022-11-07 | $9,490 | $38,252 | -$28,762 | -$28,762 |
| 88 WARNER BROTHERS DISCOVER | D | 2022-11-07 | $908 | $2,872 | -$1,964 | -$1,964 | |
| CAPITAL GAIN DIVIDENDS | P | $283,531 | |||||
| CAPITAL GAIN DIVIDENDS | P | $283,531 | |||||
| CAPITAL GAIN DIVIDENDS | P | $283,531 | |||||
| CAPITAL GAIN DIVIDENDS | P | $283,531 | |||||
| CAPITAL GAIN DIVIDENDS | P | $283,531 | |||||
| CAPITAL GAIN DIVIDENDS | P | $283,531 | |||||
| CAPITAL GAIN DIVIDENDS | P | $283,531 | |||||
| CAPITAL GAIN DIVIDENDS | P | $283,531 | |||||
| CAPITAL GAIN DIVIDENDS | P | $283,531 | |||||
| CAPITAL GAIN DIVIDENDS | P | $283,531 | |||||
| CAPITAL GAIN DIVIDENDS | P | $283,531 | |||||
| CAPITAL GAIN DIVIDENDS | P | $283,531 | |||||
| CAPITAL GAIN DIVIDENDS | P | $283,531 | |||||
| CAPITAL GAIN DIVIDENDS | P | $283,531 | |||||
| CAPITAL GAIN DIVIDENDS | P | $283,531 | |||||
| CAPITAL GAIN DIVIDENDS | P | $283,531 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$1,626,207 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $12,275 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $12,275 | SubtotalAmt |
| Tax Based On Investment Income | $12,275 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $41,983 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Total Payments And Credits | $41,983 | TotalPaymentsAndCreditsAmt |
| Overpayment | $29,708 | OverpaymentAmt |
| Applied To ES Tax | $29,708 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | RI | 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 |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 4014559800 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1000 CHAPEL VIEW BLVD SUITE 220 | AddressLine1Txt |
| City | CRANSTON | CityNm |
| State Abbreviation | RI | StateAbbreviationCd |
| ZIP | 02920 | 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 |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| 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 |
|---|---|---|---|---|---|---|---|---|
| BENJAMIN G PASTER | ||||||||
| 1000 CHAPEL VIEW BLVD STE 220 | CRANSTON | RI | 02920 | CO-TRUSTEE | 12.0 | $75,000 | $0 | $0 |
| NICOLE CAMPBELL | ||||||||
| 1009 PERSIFER STREET | FOLSOM | CA | 95815 | CO-TRUSTEE | 15.0 | $75,000 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Summary Of Direct Chrtbl Acty | SummaryOfDirectChrtblActyGrp | |
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $59,332,645 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $5,010,880 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $64,343,525 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $64,343,525 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $965,153 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $63,378,372 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $3,168,919 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $3,168,919 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $12,275 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $12,275 | TotalTaxAmt |
| Distributable Before Adj | $3,156,644 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $3,156,644 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $3,156,644 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $2,676,313 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $2,676,313 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $3,156,644 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Prior Year1 | 2020 | PriorYear1Yr |
| Prior Year2 | 2019 | PriorYear2Yr |
| Prior Year3 | 2018 | PriorYear3Yr |
| Excess Distribution Cyov Yr5 | $2,761,167 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $1,938,503 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $1,952,651 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $1,808,725 | ExcessDistributionCyovYr2Amt |
| Total Excess Distribution Cyov | $8,461,046 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $2,676,313 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Current Year | $2,676,313 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $480,331 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $480,331 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $7,980,715 | TotalCorpusAmt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $2,280,836 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $5,699,879 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $1,938,503 | ExcessFromYear4Amt |
| Excess From Year3 | $1,952,651 | ExcessFromYear3Amt |
| Excess From Year2 | $1,808,725 | ExcessFromYear2Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (30 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|
| ALZHEIMER'S ASSOCIATION | |||||||
| 225 N MICHIGAN AVE FL 17 | CHICAGO | IL | 60601 | NONE | PROVIDE CARE AND RESEARCH TOWARDS ALZHEIMER'S | $1,500 | |
| AMERICAN CANCER SOCIETY | |||||||
| 250 Williams Street NW | Atlanta | GA | 30303 | NONE | general support | $1,500 | |
| AMERICAN RED CROSS | |||||||
| 431 18 ST NW | DALLAS | TX | 75231 | NONE | TO BE RELENTLESS FORCE FOR A WORLD OF LONGER, HEALTHIER LIVES | $1,000 | |
| ANIMAL GUARDIANS OF SOUTH CAROLINA | |||||||
| PO BOX 405 | LITTLE RIVER | SC | 29566 | NONE | RESCUE AND SAFE CARE OF ANIMALS | $5,000 | |
| DANA FARBER CANCER INSTITUTE | |||||||
| 450 BROOKLINE AVENUE | BOSTON | MA | 02215 | NONE | CARE TO CHILDREN AND ADULTS WITH CANCER | $10,000 | |
| DOCTORS WITHOUT BORDERS | |||||||
| 40 RECTOR ST 16TH FLOOR | NEW YORK | NY | 10006 | NONE | PROVIDING LIFESAVING MEDICAL HUMANITARIAN CARE | $1,000 | |
| EDGEWOOD SAILING SCHOOL | |||||||
| PO BOX 25641 | CRANSTON | RI | 02905 | NONE | SAFETY OF STUDENTS SAILORS | $10,000 | |
| JEWISH COLLABORATION SERVICES | |||||||
| 1165 NORTH MAIN STREET | PROVIDENCE | RI | 02904 | NONE | HELP PEOPLE OF ALL RELIGIONS NAVIGATE SOCIAL SERVICES | $235,000 | |
| JEWISH FAMILY SERVICES | |||||||
| 2688 FRUITVILLE ROAD | SARASOTA | FL | 24237 | NONE | GENERAL SUPPORT OF ACTIVITIES | $15,000 | |
| MD ANDERSON CANCER CENTER | |||||||
| 7007 BERTNER AVE STE 10 | HOUSTON | TX | 77030 | NONE | INTEGRADES PATIENT CARE, RESEARCH, AND EDUCATION TO ELIMINATE CANCER | $2,000 | |
| MOFFITT CANCER CENTER | |||||||
| 12902 USF MAGNOLIA DRIVE | TAMPA | FL | 33612 | NONE | CONTRIBUTE TO THE PREVENTION AND CURE OF CANCER | $1,500 | |
| NEWBURGH ROWING CLUB | |||||||
| PO BOX 227 | NEWBURGH | NY | 12551 | NONE | TO TEACH, AND EDUCATE ROWING ON THE HUDSON FOR THE GENERAL PUBLIC | $15,000 | |
| RHODE ISLAND FOUNDATION | |||||||
| ONE UNION STATION | PROVIDENCE | RI | 02903 | NONE | MEETING THE NEEDS OF THE PEOPLE OF RI | $1,375,000 | |
| RI SCPA | |||||||
| 186 AMARAL STREET | RIVERSIDE | RI | 02915 | NONE | GENERAL SUPPORT OF ACTIVITIES | $555,000 | |
| ST EDWARDS FOOD & WELLNESS CENTER | |||||||
| 1001 BRANCH AVE | PROVIDENCE | RI | 02904 | NONE | FOOD AND WELLNESS FOR FAMILIES IN NEED | $5,000 | |
| THE JIMMY FUND | |||||||
| 10 BROOKLINE PL | BROOKLINE | MA | 02445 | NONE | SUPPORTS THE FIGHT AGAINST CANCER | $10,000 | |
| THE TOMORROW FUND | |||||||
| 593 EDDY STREET | PROVIDENCE | RI | 02903 | NONE | SUPPORT FOR CHILDREN WITH CANCER AND THIER FAMILIES | $50,000 | |
| ST JUDE CHILDREN'S RESEARCH HOSPITAL | |||||||
| 501 ST JUDE PLACE | MEMPHIS | TN | 38105 | NONE | TO FIND CURES AND MEANS OF CHILDHOOD DISEASES THROUGH RESEARCH AND TREATMENT | $1,000 | |
| ALL FAITHS FOOD BANK | |||||||
| 8171 BLAIKIE COURT | SARASOTA | FL | 34240 | NONE | FOOD FOR FAMILIES IN NEED | $6,000 | |
| AMERICAN TECH SOCIETY | |||||||
| 55 E 59th st | new york | NY | 10022 | NONE | GENERAL SUPPORT | $50,000 | |
| CHABAD OF SARASOTA | |||||||
| 7700 beneva rd | sarasota | FL | 34238 | NONE | GENERAL SUPPORT | $82,000 | |
| LEARNING COMMUNITY CHARTER SCHOOL | |||||||
| 2495 john f kennedy blvd | jersey city | NJ | 07304 | NONE | GENERAL SUPPORT | $5,000 | |
| RESURRECTION HOUSE INC | |||||||
| 507 kumquat ct | sarasota | FL | 34236 | NONE | GENERAL SUPPORT | $250 | |
| SAVE THE BAY | |||||||
| 100 save the bay dr | providence | RI | 02905 | NONE | GENERAL SUPPORT | $25,000 | |
| SOUTHEASTERN GUIDE DOGS | |||||||
| 4210 77th st e | palmetto | FL | 34221 | NONE | GENERAL SUPPORT | $5,000 | |
| SOUTHERN NEW ENGLAND HEART WALK | |||||||
| AMERICAN HEART ASSOCIATION | GLEN ALLEN | VA | 23060 | NONE | GENERAL SUPPORT | $10,000 | ATTN SNEHW 4217 PARK PLACE CT |
| TEMPLE BETH EL | |||||||
| 70 ORCHARD AVE | PROVIDENCE | RI | 02906 | NONE | GENERAL SUPPORT | $50,000 | |
| THE SALVATION ARMY | |||||||
| 615 SLATERS LANE | ALEXANDRIA | VA | 22314 | NONE | GENERAL SUPPORT | $1,000 | |
| WASHINGTON UNIVERSITY | |||||||
| 1 BROOKINGS DR | SAINT LOUIS | MO | 63130 | NONE | GENERAL SUPPORT | $50,000 | |
| WORLD CENTRAL KITCHENS | |||||||
| 200 MASSACHUSETTS AVE NW 7TH FLOOR | WASHINGTON | DC | 20001 | NONE | GENERAL SUPPORT | $5,000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $2,583,750 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp | |
| Int On Sav And Temp Cash Invst | IntOnSavAndTempCashInvstGrp |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,418,407 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Income | OtherInvestmentIncomeGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$2,041,636 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER INCOME | Desc |
| Exclusion | 32 | ExclusionCd |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | -$623,229 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | -$623,229 | 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 | PROFESSIONAL FEES | CategoryTxt |
| Amt | $31,500 | Amt |
| Net Investment Income | $15,750 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $15,750 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | CHARLES SCHWAB CORPORATE BOND | BondNm |
| EOY Book Value | $73,602 | EOYBookValueAmt |
| EOYFMV | $62,667 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | CHARLES SCHWAB EQUITIES | StockNm |
| EOY Book Value | $22,800,950 | EOYBookValueAmt |
| EOYFMV | $29,325,318 | EOYFMVAmt |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $6,676,296 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $6,726,563 | USGovtObligationsEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (4 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| CHARLES SCHWAB - MONEY MARKET | AT COST | $6,787,668 | $6,787,668 |
| CHARLES SCHWAB - EXCHANGE TRAD | AT COST | $3,323,741 | $3,517,941 |
| CHARLES SCHWAB - BOND MUTUAL F | AT COST | $5,754,757 | $5,265,773 |
| CHARLES SCHWAB - EQUITY MUTUAL | AT COST | $8,566,031 | $8,029,467 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $3,626 | LegalFeesAmt |
| Net Investment Income | $1,813 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $1,813 | DisbursementsCharitablePrpsAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | FEDERAL TAXES PAID | Desc |
| Amt | $70,000 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | FILING FEES | Desc |
| Revenue And Expenses Per Books | $50 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $50 | NetInvestmentIncomeAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | BOOK TO TAX BASIS DIFFERENCES | Desc |
| Amt | $14,314 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT FEES | CategoryTxt |
| Amt | $438,780 | Amt |
| Net Investment Income | $438,780 | NetInvestmentIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FOREIGN TAXES PAID | CategoryTxt |
| Amt | $3,891 | Amt |
| Net Investment Income | $3,891 | NetInvestmentIncomeAmt |
Comments