DEERBROOK CHARITABLE TRUST: Form 990PF, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- DEERBROOK CHARITABLE TRUST (EIN 20-6257418)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-07-25
- IRS object ID
- 202342069349100014
- 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
- Dissolution Stmt
- Liquidation Explanation Stmt
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-07-25T13:13:35-05:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 132792165 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BESSEMER TRUST COMPANY NA | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1225 FRANKLIN AVENUE | AddressLine1Txt |
| City | GARDEN CITY | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11530 | 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 | 206257418 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DEERBROOK CHARITABLE TRUST | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | DEER | BusinessNameControlTxt |
| Phone | 5165089623 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | CO BESSEMER TR 1271 AVE OF THE AM | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10020 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | H LAWRENCE CLARK | PersonNm |
| Person Title | CO-TRUSTEE | PersonTitleTxt |
| Phone | 5169089623 | PhoneNum |
| Signature | 2023-07-25 | SignatureDt |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | H | PersonFirstNm |
| Person Last | LAWRENCE CLARK | 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 | CHRISTIE DONOGHUE | PreparerPersonNm |
| PTIN | P02083647 | PTIN |
| Phone | 5165089623 | PhoneNum |
| Preparation | 2023-05-11 | 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) |
|---|---|---|
| Final Return | Yes (X) | FinalReturnInd |
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $0 | 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 | $13,112 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $13,112 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $41,889 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $41,889 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$42,265 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $4,124,769 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $1,434 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $0 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $14,170 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $55,001 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $20,144 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $20,144 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $372,000 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $0 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $372,000 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $16,056 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $0 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $16,056 | PensionEmplBnftDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $12,000 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $12,000 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $29,403 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $18,263 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $11,140 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $112,938 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Occupancy Rev And Expnss | $23,624 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $0 | OccupancyNetInvstIncmAmt |
| Occupancy Dsbrs Chrtbl | $23,624 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $181 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $181 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $32,146 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $618,492 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $18,263 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $455,145 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $33,006,031 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $33,006,031 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $33,624,523 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $18,263 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $33,461,176 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$33,610,353 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $36,738 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $29,523,380 | SavAndTempCashInvstBOYAmt |
| Acct Rcvbl BOY | $97 | AcctRcvblBOYAmt |
| US Government Obligations BOY | $2,307,381 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $0 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $0 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $1,779,483 | CorporateStockBOYAmt |
| Corporate Stock EOY | $0 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $0 | CorporateStockEOYFMVAmt |
| Total Assets BOY | $33,610,341 | TotalAssetsBOYAmt |
| Total Assets EOY | $0 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $0 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $64 | AccountsPayableBOYAmt |
| Total Liabilities BOY | $64 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $33,610,277 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $0 | RetainedEarningBOYAmt |
| Retained Earning EOY | $0 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $33,610,277 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $0 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $33,610,341 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $0 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $33,610,277 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$33,610,353 | ExcessRevenueOverExpensesAmt |
| Other Increases | $76 | OtherIncreasesAmt |
| Subtotal | $0 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $0 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (4 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES | P | 2022-01-01 | 2022-12-31 | $110,485 | $110,373 | $112 | $112 |
| PUBLICLY TRADED SECURITIES | P | 2022-01-01 | 2022-12-31 | $634,261 | $647,611 | -$13,350 | -$13,350 |
| PUBLICLY TRADED SECURITIES | P | 2021-01-01 | 2022-12-31 | $3,379,930 | $3,409,050 | -$29,120 | -$29,120 |
| LITIGATION | P | 2021-01-01 | 2022-12-31 | $93 | $93 | $93 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$42,265 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $511 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $511 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $511 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $1,100 | 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 | $1,100 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $589 | OverpaymentAmt |
| Applied To ES Tax | $0 | AppliedToESTaxAmt |
| Refund | $589 | 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 | Yes (1) | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | FL | 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 |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BESSEMER TRUST COMPANY NA | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 5165089623 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1271 AVE OF THE AMERICAS | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10020 | 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 (5 entries)
| Address Line1USAddress/AddressLine1Txt | Address Line2USAddress/AddressLine2Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|---|
| DANIEL A HANLEY ESQ | |||||||||
| C/O BESSEMER TRUST COMPANY 222 | ROYAL PALM WAY | PALM BEACH | FL | 33480 | CO-TRUSTEE | 40.00 | $7,011 | $0 | $0 |
| JOHN M EMERY ESQ | |||||||||
| C/O BESSEMER TRUST COMPANY 222 | ROYAL PALM WAY | PALM BEACH | FL | 33480 | CO-TRUSTEE | 40.00 | $13,133 | $0 | $0 |
| HAYS LAWRENCE CLARK | |||||||||
| C/O BESSEMER TRUST COMPANY 222 | ROYAL PALM WAY | PALM BEACH | FL | 33480 | CO-TRUSTEE | 2.00 | $0 | $0 | $0 |
| VALERIE C MCNEELY | |||||||||
| C/O BESSEMER TRUST COMPANY 222 | ROYAL PALM WAY | PALM BEACH | FL | 33480 | CO-TRUSTEE | 2.00 | $0 | $0 | $0 |
| HARRIS WHITLOCK CLARK | |||||||||
| C/O BESSEMER TRUST COMPANY 222 | ROYAL PALM WAY | PALM BEACH | FL | 33480 | CO-TRUSTEE | 2.00 | $0 | $0 | $0 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ARTHUR SUNDSTROM | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O BESSEMER TRUST222 ROYAL PALM | AddressLine1Txt |
| Address Line2 | WAY | AddressLine2Txt |
| City | PALM BEACH | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33480 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | EXECUTIVE DIRECTOR | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 40.00 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $372,000 | CompensationAmt |
| Employee Benefits | $16,056 | EmployeeBenefitsAmt |
| Expense Account | $0 | ExpenseAccountAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BESSEMER TRUST | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 222 ROYAL PALM WAY | AddressLine1Txt |
| City | PALM BEACH | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33480 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | INVESTMENT MANAGEMENT | ServiceTypeTxt |
| Compensation | $0 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
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 | $1,851,009 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $3,251,101 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $5,102,110 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $5,102,110 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $76,532 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $5,025,578 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $251,279 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $251,279 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $511 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $511 | TotalTaxAmt |
| Distributable Before Adj | $250,768 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $250,768 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $250,768 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $33,461,176 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $33,461,176 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $250,768 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $9,961,835 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $11,677,875 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $18,007,324 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $25,229,762 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $22,511,951 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $87,388,747 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $33,461,176 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $250,768 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $33,210,408 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $120,599,155 | 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 | $9,961,835 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $110,637,320 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $11,677,875 | ExcessFromYear4Amt |
| Excess From Year3 | $18,007,324 | ExcessFromYear3Amt |
| Excess From Year2 | $25,229,762 | ExcessFromYear2Amt |
| Excess From Year1 | $22,511,951 | ExcessFromYear1Amt |
| Excess From Current Year | $33,210,408 | ExcessFromCurrentYearAmt |
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 | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| AMERICAN SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS | |||||||
| 520 EIGHTH AVENUE 7TH FLOOR | NEW YORK | NY | 10018 | N/A | PUBLIC CHARITY | GENERAL EXEMPT PURPOSE | $3,000 |
| ANNAPOLIS MARITIME MUSEUM | |||||||
| PO BOX 3088 | ANNAPOLIS | MD | 21403 | N/A | PUBLIC CHARITY | GENERAL EXEMPT PURPOSE | $50,000 |
| BAYLOR HEALTH CARE SYSTEM | |||||||
| 2001 BRYAN ST STE 2300 | DALLAS | TX | 752013063 | N/A | PUBLIC CHARITY | GENERAL EXEMPT PURPOSE | $2,234,871 |
| BOYS & GIRLS CLUB OF AMERICA | |||||||
| 1275 PEACHTREE STREET NE | ATLANTA | GA | 30309 | N/A | PUBLIC CHARITY | ADVANCING PHIANTHROPY PROJECT | $5,940,610 |
| BOYS & GIRLS CLUB OF ANNAPOLIS | |||||||
| 121 SOUTH VILLA AVENUE | ANNAPOLIS | MD | 21401 | N/A | PUBLIC CHARITY | GENERAL EXEMPT PURPOSE | $350,000 |
| BOYS & GIRLS CLUB OF MANATEE COUNTY | |||||||
| 5236 30TH STREET WEST 2ND FLOOR | BRADENTON | FL | 34207 | N/A | PUBLIC CHARITY | SUPPORT OF DAUGHTREY ELEMENTARY PROJECT LEARN | $492,500 |
| BOYS & GIRLS CLUB OF MARTIN COUNTY | |||||||
| PO BOX 910 | HOBE SOUND | FL | 33475 | N/A | PUBLIC CHARITY | GENERAL EXEMPT PURPOSE | $2,900,000 |
| BOYS & GIRLS CLUB OF SOUTHERN MARYLAND | |||||||
| 9021 DAYTON AVENUE PO BOX 413 | NORTH BEACH | MD | 20714 | N/A | PUBLIC CHARITY | GENERAL EXEMPT PURPOSE | $70,000 |
| CHESTER COUNTY FOOD BANK | |||||||
| 1208 HORSESHOE PIKE | DOWNINGTON | PA | 19335 | N/A | PUBLIC CHARITY | OPERATIONAL | $50,000 |
| COMMUNITY FOUNDATION OF ANNE ARUNDEL COUNTY | |||||||
| 914 BAY RIDGE ROAD SUITE 220 | ANNAPOLIS | MD | 21403 | N/A | PUBLIC CHARITY | GENERAL EXEMPT PURPOSE | $2,238,581 |
| COMPASSION FOR LIFE CORPORATION | |||||||
| 119 STREAM DR | ELKTON | MD | 219216720 | N/A | PUBLIC CHARITY | GENERAL EXEMPT PURPOSE | $95,000 |
| DONORSCHOOSEORG | |||||||
| 134 W 37TH ST FLOOR 11 | NEW YORK | NY | 10018 | N/A | PUBLIC CHARITY | GENERAL EXEMPT PURPOSE | $1,200 |
| GENESIS WOMEN'S SHELTER & SUPPORT | |||||||
| 2023 LUCAS DR | DALLAS | TX | 75219 | N/A | PUBLIC CHARITY | GENERAL EXEMPT PURPOSE | $483,129 |
| HARLEM CHILDREN'S ZONE | |||||||
| 35 EAST 125TH STREET | NEW YORK | NY | 10035 | N/A | PUBLIC CHARITY | GENERAL EXEMPT PURPOSE | $250,000 |
| HEARTS AFTER SCHOOL READING PROGRAM | |||||||
| PO BOX 8124 | COLUMBUS | MS | 39705 | N/A | PUBLIC CHARITY | GENERAL EXEMPT PURPOSE | $30,000 |
| LOAVES AND FISHES | |||||||
| 721 KASOTA AVE SE | MINNEAPOLIS | MN | 55414 | N/A | PUBLIC CHARITY | GENERAL EXEMPT PURPOSE | $1,000 |
| LOOMIS CHAFFEE SCHOOL | |||||||
| 4 BATCHELDER ROAD | WINDSOR | CT | 06095 | N/A | PUBLIC CHARITY | OPERATIONAL | $4,000 |
| MEALS ON WHEELS PLUS OF MANATEE COUNTY | |||||||
| 811 23RD AVE E | BRADENTON | FL | 34208 | N/A | PUBLIC CHARITY | GENERAL EXEMPT PURPOSE | $125,000 |
| MEDSTAR HEALTH GIFT ACCOUNT | |||||||
| 10980 GRANTCHESTER WAY 7TH FLOOR | COLUMBIA | MD | 21044 | N/A | PUBLIC CHARITY | GENERAL EXEMPT PURPOSE | $3,159,751 |
| MOMENTOUS INSTITUTE | |||||||
| 106 E TENTH STREET | DALLAS | TX | 75203 | N/A | PUBLIC CHARITY | GENERAL EXEMPT PURPOSE | $232,000 |
| NEWSHOUR PRODUCTIONS | |||||||
| 2700 S QUINCY ST | ARLINGTON | VA | 22206 | N/A | PUBLIC CHARITY | GENERAL EXEMPT PURPOSE | $100,000 |
| PACE CENTER FOR GIRLS INC | |||||||
| 1 WEST ADAMS STREET | JACKSONVILLE | FL | 32202 | N/A | PUBLIC CHARITY | GENERAL EXMEPT PURPOSE | $1,300,000 |
| RECTORY SCHOOL INC | |||||||
| 528 POMFRET STREET | POMFRET | CT | 06258 | N/A | PUBLIC CHARITY | GENERAL EXEMPT PURPOSE | $3,000 |
| SECOND HARVEST FOOD BANK OF NORTHWEST NORTH CAROLINA INC | |||||||
| 3655 REED STREET | WINSTONSALEM | NC | 27107 | N/A | PUBLIC CHARITY | GENERAL EXEMPT PURPOSE | $1,000 |
| UNIVERSITY OF MARYLAND CENTER FOR ENVIRONMENTAL SCIENCE | |||||||
| 2020 HORNS PT RD | CAMBRIDGE | MD | 21613 | N/A | PUBLIC CHARITY | GENERAL EXEMPT PURPOSE | $50,000 |
| UNIVERSITY OF TEXAS AT ARLINGTON- MAIN CONCETRATION ACCOUNT | |||||||
| 701 S NEDDERMAN DRIVE | ARLINGTON | TX | 76019 | N/A | PUBLIC CHARITY | GENERAL EXEMPT PURPOSE | $940,889 |
| UNIVERSITY RADIO FOUNDATION INC- WFAE | |||||||
| 8801 J M KEYNES DR STE 91 | CHARLOTTE | NC | 28262 | N/A | PUBLIC CHARITY | GENERAL EXEMPT PURPOSE | $500 |
| VISION TO LEARN | |||||||
| 11611 SAN VICENTE BLVD | LOS ANGELES | CA | 90049 | N/A | PUBLIC CHARITY | GENERAL EXEMPT PURPOSE | $1,175,000 |
| WILLS EYE HOSPITAL | |||||||
| 840 WALNUT STREET | PHILADELPHIA | PA | 19107 | N/A | PUBLIC CHARITY | VISION SCREENING FOR CHILDREN | $200,000 |
| WOODS HOLE OCEANOGRAPHIC INSTITUTION | |||||||
| FENNO HOUSE MS 40 | WOODS HOLE | MA | 02543 | N/A | PUBLIC CHARITY | OPERAIONAL; FUKUSHIMA RADIONUCLIDE RESEARCH | $10,525,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $33,006,031 | 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 | $13,112 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $41,889 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 01 | ExclusionCd |
| Exclusion | $1,434 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$42,265 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $14,170 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $14,170 | 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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FIDUCIARY TAX SERVICES FEE | CategoryTxt |
| Amt | $12,000 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $12,000 | DisbursementsCharitablePrpsAmt |
Dissolution Stmt DissolutionStmt
Dissolution Information DissolutionInformationGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | VARIOUS CHARITY- SEE ATTACHED | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | VARIOUS | AddressLine1Txt |
| City | VARIOUS | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 32202 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Short Explanation | SEE ATTACHED STATEMENT FOR EXPLANATION OF DISTRIBUTED ASSETS | ShortExplanationTxt |
| Dissolution | $33,006,031 | DissolutionAmt |
Liquidation Explanation Stmt LiquidationExplanationStmt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | THE MISSION OF DEERBROOK CHARITABLE TRUST IS TO PROVIDE INDIVIDUALS OF ALL AGES WITH OPPORTUNITIES FOR A BETTER EDUCATION, A STRONGER FAMILY, A HEALTHIER LIFE, AND A MORE SECURE FUTURE. AFTER FIFTEEN YEARS OF PURSUING ITS MISSION, WORKING WITH SCORES OF INSTITUTIONS AND ORGANIZATIONS, THE DEERBROOK CHARITABLE TRUST WILL CEASE OPERATIONS AS OF DECEMBER 31, 2022. IN KEEPING WITH THE FOUNDING DONORS' WISHES AND INSTRUCTIONS, THE TRUSTEES OF THE TRUST HAVE ALLOCATED ALL FUNDS AND WILL FULLY SUNSET AND CLOSE OUT THE ORGANIZATION BY THE END OF 2022. | ExplanationTxt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | REIMBURSEMENT | Desc |
| Revenue And Expenses Per Books | $32,146 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER INCOME | Desc |
| Revenue And Expenses Per Books | $1,434 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $1,434 | AdjustedNetIncomeAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | BOOK TO TAX ADJUSTMENT | Desc |
| Amt | $76 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| CORE SERVICES FEES | $27,394 | $18,263 | $9,131 |
| PAYROLL FEES | $2,009 | $0 | $2,009 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FEDERAL EXTENSION | $111,838 | $0 | $0 |
| FEDERAL ESTIMATED TAXES | $1,100 | $0 | $0 |