THE MERRILL FOUNDATION INC: Form 990PF, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- THE MERRILL FOUNDATION INC (EIN 52-1490571)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-08-14
- IRS object ID
- 202302269349100605
- 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
- Expln Of Non Filing With AG Stmt
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-08-14T08:20:31-05:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BDO USA PA | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8401 GREENSBORO DRIVE 800 | AddressLine1Txt |
| City | MCLEAN | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 22102 | 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 | 521490571 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE MERRILL FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % SHARON BERMAN | InCareOfNm |
| Business Name Control | MERR | BusinessNameControlTxt |
| Phone | 7037706377 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8401 GREENSBORO DR 800 | AddressLine1Txt |
| City | MCLEAN | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 22102 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | NANCY MERRILL | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 7038930600 | PhoneNum |
| Signature | 2023-08-11 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | NANCY | PersonFirstNm |
| Person Last | MERRILL | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | KIM SPECKETER | PreparerPersonNm |
| PTIN | P01684402 | PTIN |
| Phone | 7038930600 | PhoneNum |
| Preparation | 2023-08-11 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | 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 | $51,978,620 | 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 |
| Dividends Rev And Expnss | $806,701 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $801,928 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $3,046,363 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $31,040,881 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $3,046,363 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $103 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $103 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $3,853,167 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $3,848,394 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $60,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $20,000 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $40,000 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $45,970 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $45,970 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $441,402 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $441,402 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $50,268 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $268 | TaxesNetInvstIncmAmt |
| Trav Conf Meeting Rev And Expnss | $6,435 | TravConfMeetingRevAndExpnssAmt |
| Other Expenses Rev And Expnss | $6,095 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $5,965 | OtherExpensesNetInvstIncmAmt |
| Tot Opr Expenses Rev And Expnss | $610,170 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $467,635 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $85,970 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $4,622,900 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $4,622,900 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $5,233,070 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $467,635 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $4,708,870 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$1,379,903 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $3,380,759 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $4,398,970 | CashBOYAmt |
| Cash EOY | $6,222,058 | CashEOYAmt |
| Cash EOYFMV | $6,222,058 | CashEOYFMVAmt |
| Acct Rcvbl | $40,895 | AcctRcvblAmt |
| Acct Rcvbl BOY | $36,438 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $40,895 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $40,895 | AcctRcvblEOYFMVAmt |
| US Government Obligations BOY | $752,320 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $0 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $0 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $40,894,866 | CorporateStockBOYAmt |
| Corporate Stock EOY | $38,761,445 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $45,595,099 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $459,635 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $0 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $0 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $44,798 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $120,568 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $120,568 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $46,587,027 | TotalAssetsBOYAmt |
| Total Assets EOY | $45,144,966 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $51,978,620 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $46,587,027 | RetainedEarningBOYAmt |
| Retained Earning EOY | $45,144,966 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $46,587,027 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $45,144,966 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $46,587,027 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $45,144,966 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $46,587,027 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$1,379,903 | ExcessRevenueOverExpensesAmt |
| Subtotal | $45,207,124 | SubtotalAmt |
| Other Decreases | $62,158 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $45,144,966 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (26 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|---|---|
| FM #2930 (SEE ATTACHED) | 2022-01-01 | 2022-12-31 | $2,575,047 | $3,161,286 | -$586,239 | -$586,239 | |
| FM #2930 (SEE ATTACHED) | 2021-01-01 | 2022-12-31 | $3,939,803 | $2,717,165 | $1,222,638 | $1,222,638 | |
| FM #2930 (SEE ATTACHED) | 2022-01-01 | 2022-12-31 | $45,928 | $27,049 | $18,879 | $18,879 | |
| ML #2032 (SEE ATTACHED) | 2022-01-01 | 2022-12-31 | $3,022,561 | $3,176,418 | -$143,911 | -$153,857 | |
| ML #2032 (SEE ATTACHED) | 2021-01-01 | 2022-12-31 | $4,822,963 | $3,646,605 | $1,179,905 | $1,176,358 | |
| ML #2064 (SEE ATTACHED) | 2021-01-01 | 2022-12-31 | $2,932,013 | $2,558,380 | $373,633 | $373,633 | |
| ML #2065 (SEE ATTACHED) | 2021-01-01 | 2022-12-31 | $3,937,517 | $2,856,473 | $1,081,044 | $1,081,044 | |
| ML #2074 (SEE ATTACHED) | 2022-01-01 | 2022-12-31 | $2,017,009 | $2,229,569 | -$205,815 | -$212,560 | |
| ML #2074 (SEE ATTACHED) | 2021-01-01 | 2022-12-31 | $3,562,623 | $3,240,858 | $330,167 | $321,765 | |
| ML #2076 (SEE ATTACHED) | 2022-01-01 | 2022-12-31 | $1,653,384 | $1,728,148 | -$74,375 | -$74,764 | |
| ML #2076 (SEE ATTACHED) | 2021-01-01 | 2022-12-31 | $994,215 | $937,989 | $55,718 | $56,226 | |
| ML #2101 (SEE ATTACHED) | 2022-01-01 | 2022-12-31 | $1,536,339 | $1,743,099 | -$206,760 | -$206,760 | |
| ML #2032 (SEE ATTACHED) | 2022-01-01 | 2022-12-31 | $49 | $0 | $49 | $49 | |
| CAPITAL GAIN DIVIDENDS | $1,430 | P | |||||
| CAPITAL GAIN DIVIDENDS | $1,430 | P | |||||
| CAPITAL GAIN DIVIDENDS | $1,430 | P | |||||
| CAPITAL GAIN DIVIDENDS | $1,430 | P | |||||
| CAPITAL GAIN DIVIDENDS | $1,430 | P | |||||
| CAPITAL GAIN DIVIDENDS | $1,430 | P | |||||
| CAPITAL GAIN DIVIDENDS | $1,430 | P | |||||
| CAPITAL GAIN DIVIDENDS | $1,430 | P | |||||
| CAPITAL GAIN DIVIDENDS | $1,430 | P | |||||
| CAPITAL GAIN DIVIDENDS | $1,430 | P | |||||
| CAPITAL GAIN DIVIDENDS | $1,430 | P | |||||
| CAPITAL GAIN DIVIDENDS | $1,430 | P | |||||
| CAPITAL GAIN DIVIDENDS | $1,430 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $3,046,363 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $46,993 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $46,993 | SubtotalAmt |
| Tax Based On Investment Income | $46,993 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $43,599 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $55,000 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $98,599 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $97 | EsPenaltyAmt |
| Overpayment | $51,509 | OverpaymentAmt |
| Applied To ES Tax | $51,509 | 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 | MD | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | false | 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 |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SHARON BERMAN | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7038930600 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8401 GREENSBORO DR 800 | AddressLine1Txt |
| City | MCLEAN | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 22102 | 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 |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 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 |
|---|---|---|---|---|---|---|---|---|
| NANCY MERRILL | ||||||||
| 906 CHILDS POINT ROAD | ANNAPOLIS | VA | 21401 | PRESIDENT | 10.0 | $0 | $0 | $0 |
| CATHERINE MERRILL WILLIAMS | ||||||||
| 2323 WYOMING STREET NW | WASHINGTON | DC | 20008 | DIRECTOR | 5.0 | $30,000 | $0 | $0 |
| DOUGLAS MERRILL | ||||||||
| 122 MARINERS COVE | SHELBURNE | VT | 05482 | DIRECTOR | 5.0 | $30,000 | $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 | $55,725,032 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $5,095,335 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $107,713 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $60,928,080 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $60,928,080 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $913,921 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $60,014,159 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $3,000,708 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $3,000,708 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $46,993 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $46,993 | TotalTaxAmt |
| Distributable Before Adj | $2,953,715 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $2,953,715 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $2,953,715 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $4,708,870 | 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 | $4,708,870 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $2,953,715 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Prior Year1 | 2020 | PriorYear1Yr |
| Prior Year2 | 2019 | PriorYear2Yr |
| Prior Year3 | 2018 | PriorYear3Yr |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr2 | $384,574 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $1,330,894 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $1,715,468 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $4,708,870 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Current Year | $2,953,715 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $1,755,155 | RemainingDistriFromCorpusAmt |
| Total Corpus | $3,470,623 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $3,470,623 | ExcessDistriCyovToNextYrAmt |
| Excess From Year2 | $384,574 | ExcessFromYear2Amt |
| Excess From Year1 | $1,330,894 | ExcessFromYear1Amt |
| Excess From Current Year | $1,755,155 | ExcessFromCurrentYearAmt |
| 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
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SEE STATEMENT ATTACHED | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8401 GREENSBORO DRIVE 800 | AddressLine1Txt |
| Address Line2 | C/O NANCY MERRILL | AddressLine2Txt |
| City | MCLEAN | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 22102 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Foundation Status | PC | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | SEE STATEMENT ATTACHED | GrantOrContributionPurposeTxt |
| Amt | $4,622,900 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $4,622,900 | 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 | $806,701 | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 41 | ExclusionCd |
| Exclusion | $103 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $3,046,363 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $3,853,167 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $3,853,167 | 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 | ACCOUNTANT FEES | CategoryTxt |
| Amt | $45,970 | Amt |
| Disbursements Charitable Prps | $45,970 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Expln Of Non Filing With AG Stmt ExplnOfNonFilingWithAGStmt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | THE MARYLAND STATE ATTORNEY GENERAL DOES NOT REQUIRE A COPY OF FORM 990-PF FROM A FOUNDATION THAT DOES NOT SOLICIT CONTRIBUTIONS WITHIN THE STATE. | ExplanationTxt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (3 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| CORPORATE BOND - ML #2074 | $0 | $0 |
| CORPORATE BOND - ML #2076 | $0 | $0 |
| CORPORATE BOND - ML #2032 | $0 | $0 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (11 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| CORPORATE STOCK - FM 2930 | $9,049,468 | $10,309,547 |
| CORPORATE STOCK - ML #2032 | $7,310,514 | $8,377,402 |
| MUTUAL FUND - ML #2032 | $4,407,026 | $5,273,120 |
| CORPORATE STOCK - ML #2064 | $3,558,805 | $5,515,754 |
| CORPORATE STOCK - ML #2065 | $861,740 | $1,925,610 |
| CORPORATE STOCK - ML #2074 | $3,778,274 | $3,708,086 |
| MUTUAL FUND - ML #2074 | $4,049,451 | $4,754,916 |
| CORPORATE STOCK - ML #2076 | $169,862 | $153,521 |
| MUTUAL FUND - ML #2076 | $1,783,877 | $2,080,052 |
| CORPORATE STOCK - ML #2101 | $3,209,900 | $2,942,676 |
| MUTUAL FUND- ML #2101 | $582,528 | $554,415 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $0 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $0 | USGovtObligationsEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | ZEAL CAPITAL PARTNERS FUND I | CategoryOrItemTxt |
| Listed At Cost Or FMV | AT COST | ListedAtCostOrFMVCd |
| Book Value | $120,568 | BookValueAmt |
| EOYFMV | $120,568 | EOYFMVAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PRIOR PERIOD ADJUSTMENT | Desc |
| Amt | $62,158 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| MISCELLANEOUS | $130 | |
| ZEAL CAPITAL PRTNR - OTHER DED | $5,965 | $5,965 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ML #2032 - OTHER INCOME | Desc |
| Revenue And Expenses Per Books | $103 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $103 | NetInvestmentIncomeAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ADVISORY FEES | CategoryTxt |
| Amt | $441,402 | Amt |
| Net Investment Income | $441,402 | NetInvestmentIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| ML #2032 - FTP | $233 | $233 |
| ML #2074 - FTP | $35 | $35 |
| ESTIMATED TAXES PAID | $50,000 |