CAPE FOUNDATION INC: Form 990PF, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
CAPE FOUNDATION INC (EIN 26-0692188)
Tax period
2022-01-01 to 2022-12-31
Filed
2023-09-19
IRS object ID
202302629349100915
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 ReturnHeader

FieldValueIRS element (for citing)
Return2023-09-19T16:58:15-04:00ReturnTs
Tax Period End2022-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN522209173PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1ANTHONY JUDGE & WARE LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 447AddressLine1Txt
CityCHESTERTOWNCityNm
State AbbreviationMDStateAbbreviationCd
ZIP216200447ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2022-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN260692188EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CAPE FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlCAPEBusinessNameControlTxt
Phone4104356796PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1117 TAPLOW ROADAddressLine1Txt
CityBALTIMORECityNm
State AbbreviationMDStateAbbreviationCd
ZIP21212ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonTURNER B SMITHPersonNm
Person TitlePRESIDENT/TREASURERPersonTitleTxt
Phone4104356796PhoneNum
Signature2023-08-18SignatureDt

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstTURNERPersonFirstNm
Person LastSMITHPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJAMES A JUDGEPreparerPersonNm
PTINP00152234PTIN
Phone4107780164PhoneNum
Preparation2023-09-13PreparationDt
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$988,607FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Dividends Rev And Expnss$18,094DividendsRevAndExpnssAmt
Dividends Net Invst Incm$18,094DividendsNetInvstIncmAmt
Dividends Adj Net Incm$18,094DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss-$259,844NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$1,098,941GrossSalesPriceAmt
Total Rev And Expnss-$241,750TotalRevAndExpnssAmt
Total Net Invst Incm$18,094TotalNetInvstIncmAmt
Total Adj Net Incm$18,094TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss$2,783AccountingFeesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$2,783TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$26,500ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$26,500ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$29,283TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$26,500TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$271,033ExcessRevenueOverExpensesAmt
Net Investment Income$18,094NetInvestmentIncomeAmt
Adjusted Net Income$18,094AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$119,499CashBOYAmt
Cash EOY$162,757CashEOYAmt
Cash EOYFMV$162,757CashEOYFMVAmt
Corporate Stock BOY$1,107,911CorporateStockBOYAmt
Corporate Stock EOY$793,620CorporateStockEOYAmt
Corporate Stock EOYFMV$825,850CorporateStockEOYFMVAmt
Total Assets BOY$1,227,410TotalAssetsBOYAmt
Total Assets EOY$956,377TotalAssetsEOYAmt
Total Assets EOYFMV$988,607TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$1,227,410RetainedEarningBOYAmt
Retained Earning EOY$956,377RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$1,227,410TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$956,377TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$1,227,410TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$956,377TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$1,227,410TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$271,033ExcessRevenueOverExpensesAmt
Subtotal$956,377SubtotalAmt
Tot Net Ast Or Fund Balances EOY$956,377TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
NAT FINANCIAL SVCS SHORT TERMP2022-08-01$564,881$721,477-$156,596-$156,596
NAT FINANCIAL SVCS LONG TERMP2022-06-30$504,915$637,308-$132,393-$132,393
FieldValueIRS element (for citing)
Capital Gain Net Income-$259,844CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$252InvestmentIncomeExciseTaxAmt
Subtotal$252SubtotalAmt
Tax Based On Investment Income$252TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$2,591EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$2,591TotalPaymentsAndCreditsAmt
Overpayment$2,339OverpaymentAmt
Applied To ES Tax$2,339AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksJUDITH R SMITHIndividualWithBooksNm
Phone4104356796PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1117 TAPLOW ROADAddressLine1Txt
CityBALTIMORECityNm
State AbbreviationMDStateAbbreviationCd
ZIP21212ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
TURNER B SMITH
117 TAPLOW ROADBALTIMOREMD21212PRESIDENT/TR1.00$0$0$0
JUDITH R SMITH
117 TAPLOW ROADBALTIMOREMD21212VP / SECRETA1.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1THE FOUNDATION MAKES CONTRIBUTIONS TO OTHER SECTION 501 (C)3 ORGANIZATIONSDescription1Txt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$988,423AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$141,127AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$1,129,550TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$1,129,550AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$16,943CashDeemedCharitableAmt
Net Vl Noncharitable Assets$1,112,607NetVlNoncharitableAssetsAmt
Minimum Investment Return$55,630MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$55,630MinimumInvestmentReturnAmt
Tax Based On Investment Income$252TaxBasedOnInvestmentIncomeAmt
Total Tax$252TotalTaxAmt
Distributable Before Adj$55,378DistributableBeforeAdjAmt
Distributable Before Ded$55,378DistributableBeforeDedAmt
Distributable As Adjusted$55,378DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$26,500ExpensesAndContributionsAmt
Qualifying Distributions$26,500QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$55,378DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$10,254ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr3$47,308ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$186,612ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$144,577ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$388,751TotalExcessDistributionCyovAmt
Qualifying Distributions$26,500QualifyingDistributionsAmt
Applied To Current Year$26,500AppliedToCurrentYearAmt
Excess Distri Cyov App CY Corpus$28,878ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$28,878ExcessDistributionCyovAppCYAmt
Total Corpus$359,873TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$359,873ExcessDistriCyovToNextYrAmt
Excess From Year3$28,684ExcessFromYear3Amt
Excess From Year2$186,612ExcessFromYear2Amt
Excess From Year1$144,577ExcessFromYear1Amt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (7 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmtAddress Line2RecipientUSAddress/AddressLine2TxtBusiness Name Line2RecipientBusinessName/BusinessNameLine2Txt
NATIONAL WILDLIFE FEDERATION
PO BOX 1583MERRIFIELDVA22116NONE501(C)(3)OPERATIONAL$10,000
GREEN STREET ACADEMY
125 N HILTON STBALTIMOREMD21229NONE501(C)(3)EDUCATIONAL$1,000
HOMELAND COMMUNITY FOUNDATION
5603 N CHARLES STBALTIMOREMD21210NONE501(C)(3)OPERATIONAL$3,000
BALTIMORE CLASSICAL GUITAR SOCIETY
PO BOX 4466TIMONIUMMD21094NONE501(C)(3)EDUCATIONAL$5,000
NATIONAL MEDICAL FELLOWSHIPS
1199 NORTH FAIRFAX STALEXANDRIAVA22314NONE501(C)(3)OPERATIONAL$2,500SUITE 600
BALTIMORE SYMPHONY ORCHESTRA
1212 CATHEDRAL STBALTIMOREMD21201NONE501(C)(3)EDUCATIONAL$3,000
UNIVERSITY OF VIRGINIA
PO BOX 7263CHARLOTTESVILLEVA22906NONE501(C)(3)EDUCATIONAL$2,000DARDEN SCHOOL FOUNDATION
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$26,500TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$18,094RelatedOrExemptFunctionIncmAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion-$288,989ExclusionAmt
Related Or Exempt Function Incm$29,145RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion-$288,989ExclusionAmt
Related Or Exempt Function Incm$47,239RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty-$241,750TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryACCOUNTINGCategoryTxt
Amt$2,783Amt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (5 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
BARON OPPORTUNITY FUND
FIDELITY PURITAN
FIDELITY BLUE CHIP GROWTH
FIDELITY SELECT FUNDS$256,399$285,677
VANGUARD EQUITY INCOME$537,221$540,173

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