FURP.ORG / PUBLIC DATA EXPLORER

STUDEBAKER NATIONAL FOUNDATION: Form 990PF, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
STUDEBAKER NATIONAL FOUNDATION (EIN 20-1055015)
Tax period
2022-05-01 to 2023-04-30
Filed
2023-09-14
IRS object ID
202342579349100504
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)
Return2023-09-14T08:28:24-04:00ReturnTs
Tax Period End2023-04-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN260004840PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1ADVANTAGE ACCOUNTING & TAX SOLUTIONS INCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1721 N MAIN STAddressLine1Txt
CityHARRISONBURGCityNm
State AbbreviationVAStateAbbreviationCd
ZIP22802ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2022-05-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN201055015EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1STUDEBAKER NATIONAL FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlSTUDBusinessNameControlTxt
Phone7607743377PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11475 LOBO WAYAddressLine1Txt
CityPALM SPRINGSCityNm
State AbbreviationCAStateAbbreviationCd
ZIP92264ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonCHRIS COLLINSPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone7607743377PhoneNum
Signature2023-08-31SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstCHRISPersonFirstNm
Person LastCOLLINSPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrfalseIRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonKIRK B KNOTT CPAPreparerPersonNm
PTINP00548117PTIN
Phone5404341706PhoneNum
Preparation2023-09-12PreparationDt
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$523,013FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$15,340ContriRcvdRevAndExpnssAmt
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$1,404InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$1,404InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$1,404InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss$2,404DividendsRevAndExpnssAmt
Dividends Net Invst Incm$2,404DividendsNetInvstIncmAmt
Dividends Adj Net Incm$2,404DividendsAdjNetIncmAmt
Total Rev And Expnss$19,148TotalRevAndExpnssAmt
Total Net Invst Incm$3,808TotalNetInvstIncmAmt
Total Adj Net Incm$3,808TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss$5,000AccountingFeesRevAndExpnssAmt
Other Expenses Rev And Expnss$5,915OtherExpensesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$10,915TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$13,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$13,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$23,915TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$13,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$4,767ExcessRevenueOverExpensesAmt
Net Investment Income$3,808NetInvestmentIncomeAmt
Adjusted Net Income$3,808AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$13,790CashBOYAmt
Cash EOY$15,216CashEOYAmt
Cash EOYFMV$15,216CashEOYFMVAmt
Sav And Temp Cash Invst BOY$52,142SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$53,546SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$53,546SavAndTempCashInvstEOYFMVAmt
Other Investments BOY$87,654OtherInvestmentsBOYAmt
Other Investments EOY$78,423OtherInvestmentsEOYAmt
Other Investments EOYFMV$78,423OtherInvestmentsEOYFMVAmt
Other Assets BOY$375,828OtherAssetsBOYAmt
Other Assets EOY$375,828OtherAssetsEOYAmt
Other Assets EOYFMV$375,828OtherAssetsEOYFMVAmt
Total Assets BOY$529,414TotalAssetsBOYAmt
Total Assets EOY$523,013TotalAssetsEOYAmt
Total Assets EOYFMV$523,013TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$204,131NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$199,730NoDonorRstrNetAssestsEOYAmt
Donor Rstr Net Assets BOY$325,283DonorRstrNetAssetsBOYAmt
Donor Rstr Net Assets EOY$323,283DonorRstrNetAssetsEOYAmt
Tot Net Ast Or Fund Balances BOY$529,414TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$523,013TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$529,414TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$523,013TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$529,414TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$4,767ExcessRevenueOverExpensesAmt
Subtotal$524,647SubtotalAmt
Other Decreases$1,634OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$523,013TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$53InvestmentIncomeExciseTaxAmt
Subtotal$53SubtotalAmt
Tax Based On Investment Income$53TaxBasedOnInvestmentIncomeAmt
Tax Due$53TaxDueAmt

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
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationYes (true)PrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressWWW.STUDEBAKERNATIONALFOUNDATION.ORGWebsiteAddressTxt
Individual With BooksLINDA DERBIDGEIndividualWithBooksNm
Phone7752895686PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 151854AddressLine1Txt
CityELYCityNm
State AbbreviationNVStateAbbreviationCd
ZIP89315ZIPCd
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 (12 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
LINDA DERBIDGE
PO BOX 151854ELYNV89315TREASURER000.00$0$0$0
LARRY VAHE
1291 TANGLEWOOD RDPRESCOTTAZ86303DIRECTOR000.00$0$0$0
FRANK WENZEL
1475 LOBO WAYPALM SPRINGSCA92264DIRECTOR000.00$0$0$0
CHRIS COLLINS
2410 W FREEWAY LNPHOENIXAZ85021PRESIDENT000.00$0$0$0
MARTHA STUDEBAKER
1036 WILLOWMORE SPRINGS RDLEXINGTONNC27292DIRECTOR000.00$0$0$0
DEANNA MANLEY
754 S 29TH AVE ENEWTONIA50208DIRECTOR000.00$0$0$0
RICHARD DORMOIS
PO BOX 596MESAAZ85211VICE PRESIDE000.00$0$0$0
DENNY LOCKMON
9502 W BRIARWOOD CIRCLE NSUN CITYAZ85351DIRECTOR000.00$0$0$0
SID ROSEN
2233 N ALVARADO RDPHOENIXAZ85004DIRECTOR000.00$0$0$0
JAMES BELL
3951 WYNN RDBELLINGHAMWA98225DIRECTOR000.00$0$0$0
BECKY BONHAM
5711 BAYSWATER PLACESOUTH BENDIN46614SECRETARY000.00$0$0$0
CARL THOMASON
43306 RUNNING DEER DRCOARSEGOLDCA93614DIRECTOR000.00$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)
Description1PRESERVATION OF STUDEBAKER HERITAGEDescription1Txt
Expenses1$23,915Expenses1Amt

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$83,039AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$67,347AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$375,828FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$526,214TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$526,214AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$7,893CashDeemedCharitableAmt
Net Vl Noncharitable Assets$518,321NetVlNoncharitableAssetsAmt
Minimum Investment Return$25,916MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Sect4942j3j5 Fndtn And Frgn OrgYes (X)Sect4942j3j5FndtnAndFrgnOrgInd

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$13,000ExpensesAndContributionsAmt
Qualifying Distributions$13,000QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Qualifying Distributions$13,000QualifyingDistributionsAmt
Remaining Distri From Corpus$13,000RemainingDistriFromCorpusAmt
Total Corpus$13,000TotalCorpusAmt

Private Operating Foundations PrivateOperatingFoundationsGrp

FieldValueIRS element (for citing)
Section4942j3Yes (X)Section4942j3Ind

Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp

FieldValueIRS element (for citing)
Current Year$3,808CurrentYearAmt
Year1$3,230Year1Amt
Total$7,038TotalAmt

Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp

FieldValueIRS element (for citing)
Current Year$3,237CurrentYearAmt
Year1$2,746Year1Amt
Total$5,983TotalAmt

Qualifying Distributions QualifyingDistributionsGrp

FieldValueIRS element (for citing)
Current Year$13,000CurrentYearAmt
Year1$10,500Year1Amt
Year2$4,000Year2Amt
Year3$3,300Year3Amt
Total$30,800TotalAmt

Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp

FieldValueIRS element (for citing)
Current Year$13,000CurrentYearAmt
Year1$10,500Year1Amt
Year2$4,000Year2Amt
Year3$3,300Year3Amt
Total$30,800TotalAmt

Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp

FieldValueIRS element (for citing)
Current Year$17,277CurrentYearAmt
Year1$15,769Year1Amt
Total$33,046TotalAmt

Supplementary Information SupplementaryInformationGrp

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonJAMES BELLRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line13951 WYNN RDAddressLine1Txt
CityBELLINGHAMCityNm
State AbbreviationWAStateAbbreviationCd
ZIP98225ZIPCd
FieldValueIRS element (for citing)
Recipient Phone3607380103RecipientPhoneNum
Recipient Email AddressSTUDENUT@COMCAST.NETRecipientEmailAddressTxt
Form And Info And MaterialsTHE APPLICANT SHOULD BE PURSUING AUTOMOTIVE FIELDS OF STUDY, INCLUDING BUT NOT LIMITED TO PRESERVATION, RESTORATION, AUTO BODY, MAINTENANCE/REPAIR, DESIGN, AUTOMOTIVE HISTORY, ETC. OR PURSUING HIGHER EDUCATION AND PRESERVING THE STUDEBAKER LEGACY BY BEING ACTIVELY INVOLVED IN STUDEBAKERS AS A HOBBYIST. SCHOLARSHIP APPLICANTS MUST HAVE OBTAINED AT LEAST AN EQUIVALENT OF 2.5 GPA ON A 4.0 SCALE, AND MUST SUBMIT COPIES OF ALL THEIR ACADEMIC TRANSCRIPTS AND A TEACHER LETTER OF RECOMMENDATION WITH THEIR APPLICATIONFormAndInfoAndMaterialsTxt
Submission DeadlinesBY MAY 1 FOR THE FALL TERM AND NOVEMBER 1ST FOR THE SPRING TERM.SubmissionDeadlinesTxt
Restrictions On AwardsN/ARestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (5 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
MCPHERSON COLLEGE FBO GRAHAM NOBLET
1600 E EUCLID STREETMCPHERSONKS67460501 (C) (3)PRESERVATION OF STUDEBAKER HERITAGE$2,000
STUDEBAKER NATIONAL MUSEUM
201 CHAPIN STREETSOUTH BENDIN46601501 (C)(3)FUND MUSEUM INTERNSHIP POSITIONS$5,000
CENTRAL OHIO TECH FBO MATT CHERNITS
1179 UNIVERSITY DRNEWARDKOH43055501 (C) (3)PRESERVATION OF STUDEBAKER HERITAGE$2,000
UNIVCA-SAN DIEGO FBO MICH'L FIGUER
9500 GILMAN DRIVELAJOLLACA92093501 (C) (3)PRESERVATION OF STUDEBAKER HERITAGE$2,000
CAL STU-LONGBEACH FBO JACOB GUTIER
1250 BELIFLOWER BLVDLONG BEACHCA90840501 (C)(3)PRESERVATION OF STUDEBAKER HERITAGE$2,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$13,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$1,404ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$2,404ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$3,808ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$3,808TotalIncomeProducingActyAmt

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)
CategoryACCOUNTING FEECategoryTxt
Amt$5,000Amt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

FieldValueIRS element (for citing)
Category Or ItemINVESTMENT IN MUTUAL FUNDSCategoryOrItemTxt
Listed At Cost Or FMVFMVListedAtCostOrFMVCd
Book Value$78,423BookValueAmt
EOYFMV$78,423EOYFMVAmt

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp

FieldValueIRS element (for citing)
DescDONATED VEHICLESDesc
BOY Book Value$375,828BOYBookValueAmt
EOY Book Value$375,828EOYBookValueAmt
EOYFMV$375,828EOYFMVAmt

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

FieldValueIRS element (for citing)
DescUNREALIZED LOSS ON INVESTMENTSDesc
Amt$1,634Amt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (6 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt
EXPENSES
INSURANCE$925
MISCELLANEOUS$298
TRANSPORT OF ANTIQUE AUTOS$3,400
ADVERTISING$192
UPKEEP OF ANTIQUE AUTOS$1,100