BETA

TT FOUNDATION: Form 990PF, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
TT FOUNDATION (EIN 46-5419657)
Tax period
2022-01-01 to 2022-12-31
Filed
2023-09-19
IRS object ID
202332629349100508
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)
Return2023-09-19T12:55:55-04:00ReturnTs
Tax Period End2022-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN911954679PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1PHILLIP C BABER PSBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line17525 SE 24TH ST STE 360AddressLine1Txt
CityMERCER ISLANDCityNm
State AbbreviationWAStateAbbreviationCd
ZIP98040ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2022-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN465419657EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE TT FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlTTFOBusinessNameControlTxt
Phone2066128586PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11425 BROADWAY 28AddressLine1Txt
CitySEATTLECityNm
State AbbreviationWAStateAbbreviationCd
ZIP98122ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonBRUNO LAMBERTPersonNm
Person TitlePRESIDENT, TREASURERPersonTitleTxt
Phone2066128586PhoneNum
Signature2023-09-19SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstBRUNOPersonFirstNm
Person LastLAMBERTPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrfalseIRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonPHILLIP C BABER CPAPreparerPersonNm
PTINP00363621PTIN
Phone2062360734PhoneNum
Preparation2023-09-19PreparationDt
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Address ChangeYes (X)AddressChangeInd
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$1,043,886FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$286InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$286InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$22,353DividendsRevAndExpnssAmt
Dividends Net Invst Incm$22,353DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$4,587NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$353,561GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$4,587CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$27,226TotalRevAndExpnssAmt
Total Net Invst Incm$27,226TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$6,000CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl$6,000CompOfcrDirTrstDsbrsChrtblAmt
Legal Fees Rev And Expnss$5,667LegalFeesRevAndExpnssAmt
Legal Fees Dsbrs Chrtbl$5,667LegalFeesDsbrsChrtblAmt
Other Prof Fees Rev And Expnss$9,541OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$9,541OtherProfFeesNetInvstIncmAmt
Taxes Rev And Expnss$1,405TaxesRevAndExpnssAmt
Taxes Net Invst Incm$1,405TaxesNetInvstIncmAmt
Other Expenses Rev And Expnss$961OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$961OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$23,574TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$11,907TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$11,667TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$16,578ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$16,578ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$40,152TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$11,907TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$28,245TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$12,926ExcessRevenueOverExpensesAmt
Net Investment Income$15,319NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$24,499CashBOYAmt
Cash EOY$106,253CashEOYAmt
Cash EOYFMV$106,253CashEOYFMVAmt
Other Investments BOY$973,571OtherInvestmentsBOYAmt
Other Investments EOY$879,889OtherInvestmentsEOYAmt
Other Investments EOYFMV$937,633OtherInvestmentsEOYFMVAmt
Other Assets BOY$998OtherAssetsBOYAmt
Total Assets BOY$999,068TotalAssetsBOYAmt
Total Assets EOY$986,142TotalAssetsEOYAmt
Total Assets EOYFMV$1,043,886TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$999,068RetainedEarningBOYAmt
Retained Earning EOY$986,142RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$999,068TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$986,142TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$999,068TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$986,142TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$999,068TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$12,926ExcessRevenueOverExpensesAmt
Subtotal$986,142SubtotalAmt
Tot Net Ast Or Fund Balances EOY$986,142TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
SEE ATTACHED WF 8883P2022-01-012022-12-31$40,072$48,109-$8,037-$8,037
SEE ATTACHED WF 8883P2021-01-012022-12-31$287,610$297,165-$9,555-$9,555
SEE ATTACHED WF 8883P2021-01-012022-12-31$14,252$3,700$10,552$10,552
FieldValueIRS element (for citing)
Capital Gain Net Income$4,587CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$213InvestmentIncomeExciseTaxAmt
Subtotal$213SubtotalAmt
Tax Based On Investment Income$213TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$900EstimatedPlusOvpmtIncmTxAmt
Extsn Request Income Tax Paid$900ExtsnRequestIncomeTaxPaidAmt
Total Payments And Credits$1,800TotalPaymentsAndCreditsAmt
Overpayment$1,587OverpaymentAmt
Applied To ES Tax$1,587AppliedToESTaxAmt

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
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateWAOrgReportOrRegisterStateCd
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 BooksBRUNO LAMBERTIndividualWithBooksNm
Phone2066128586PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line11425 BROADWAY 28AddressLine1Txt
CitySEATTLECityNm
State AbbreviationWAStateAbbreviationCd
ZIP98122ZIPCd
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
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
BRUNO LAMBERT
1425 BROADWAY 28SEATTLEWA98122PRESIDENT, T1.00$0$0$0
AMY PARON
3013 NW 61ST STSEATTLEWA98107MANAGER5.00$6,000$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

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$999,730AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$88,873AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$1,088,603TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$1,088,603AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$16,329CashDeemedCharitableAmt
Net Vl Noncharitable Assets$1,072,274NetVlNoncharitableAssetsAmt
Minimum Investment Return$53,614MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$53,614MinimumInvestmentReturnAmt
Tax Based On Investment Income$213TaxBasedOnInvestmentIncomeAmt
Total Tax$213TotalTaxAmt
Distributable Before Adj$53,401DistributableBeforeAdjAmt
Distributable Before Ded$53,401DistributableBeforeDedAmt
Distributable As Adjusted$53,401DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$28,245ExpensesAndContributionsAmt
Qualifying Distributions$28,245QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$53,401DistributableAsAdjustedAmt
Undistributed Income PY$3,705UndistributedIncomePYAmt
Qualifying Distributions$28,245QualifyingDistributionsAmt
Applied To Year1$3,705AppliedToYear1Amt
Applied To Current Year$24,540AppliedToCurrentYearAmt
Undistributed Income CY$28,861UndistributedIncomeCYAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (14 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmtAddress Line2RecipientUSAddress/AddressLine2Txt
GIRL SCOUTS
PO 5046NEW YORKNY10087PCGENERAL SUPPORT$1,500
RAINFOREST ALLIANCE
125 BROAD STREET 9TH FLNEW YORKNY10004PCGENERAL SUPPORT$1,050
ALLIANCE FOR EDUCATION
509 OLIVE WAY 500SEATTLEWA98101PCGENERAL PURPOSE$100
MOISTURE FESTIVAL
PO BOX 17484SEATTLEWA98127PCGENERAL PURPOSE$500
ALZHEIMER SCOTLAND
160 DUNDEE STREETEDINBURGHWA98107PCGENERAL PURPOSE$396EDINBURG EH11 1DQ
THE ISLAND SCHOOL
8553 NE DAY RDBAINBRIDGE ISLANDWA98110PCGENERAL PUROSE$5,000
HYLA SCHOOL
7861 NE BUCKLIN HILL RDBAINBRIDGE ISLANDWA98110PCGENERAL PURPOSE$5,000
GIVE BUTTER
2020 PENNSYLVANIA AVE NWWASHINGTONDC20006PCGENERAL PURPOSE$1,030SUITE 401
RAINBOW CITY PERFORMING ARTS
401 5TH AVE NSEATTLEWA98109PCGENERAL PURPOSE$512
WOODLAND PARK ZOO
5500 PHINNEY AVE NSEATTLEWA98103PCGENERAL PURPOSE$500
APLOS
2700 4TH AVE SSEATTLEWA98122PCGENERAL PURPOSE$250
KEXP
472 1ST AVE NSEATTLEWA98109PCGENERAL PURPOSE$240
SEATTLE DOGS HOMELESS PROGRAM
STREET SEARCH AND RESCUESEATTLEWA98102PCGENERAL SUPPORT$250
UNEXPECTED PRODUCTIONS
1428 POST ALLEYSEATTLEWA98101PCGENERAL SUPPORT$250
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$16,578TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$286ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$22,353ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$4,587ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$27,226ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$27,226TotalIncomeProducingActyAmt

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

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

FieldValueIRS element (for citing)
Category Or ItemINVESTMENTS - WELLS FARGOCategoryOrItemTxt
Listed At Cost Or FMVAT COSTListedAtCostOrFMVCd
Book Value$879,889BookValueAmt
EOYFMV$937,633EOYFMVAmt

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

FieldValueIRS element (for citing)
CategoryLEGAL FEESCategoryTxt
Legal Fees$5,667LegalFeesAmt
Disbursements Charitable Prps$5,667DisbursementsCharitablePrpsAmt

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp

FieldValueIRS element (for citing)
DescOTHER RECEIVABLEDesc
BOY Book Value$998BOYBookValueAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmt
EXPENSES
MISCELLANEOUS$961$961

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryWELLS FARGO ADVISORY FEESCategoryTxt
Amt$9,541Amt
Net Investment Income$9,541NetInvestmentIncomeAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmt
FOREIGN TAX PAID$196$196
US TAXES$1,209$1,209

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