THE GLAD FOUNDATION: Form 990PF, tax year 2022

View the entire original 990 at ProPublica ↗

Organization: THE GLAD FOUNDATION (EIN 95-4092927)
Tax period: 2022-04-01 to 2023-03-31
Filed: 2023-10-10
IRS object ID: 202312839349101031
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
Investments Other Schedule2
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2023-10-10T17:53:18-07:00	ReturnTs
Tax Period End	2023-03-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	951637831	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	RUSS & ALLCROFT CPA	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	741 GLENVIA ST STE 100	AddressLine1Txt
City	GLENDALE	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	91206	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2022-04-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	954092927	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	THE GLAD FOUNDATION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	GLAD	BusinessNameControlTxt
Phone	8053821644	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	2560 PENINSULA RD	AddressLine1Txt
City	OXNARD	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	93035	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	GARY S CARR	PersonNm
Person Title	President	PersonTitleTxt
Signature	2023-10-10	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	GARY S	PersonFirstNm
Person Last	CARR	PersonLastNm

Field	Value	IRS element (for citing)
SSN	999009999	SSN

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	Yes (true)	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	ZHENGKAI QI	PreparerPersonNm
PTIN	P01329224	PTIN
Phone	8182478260	PhoneNum
Self Employed	Yes (X)	SelfEmployedInd

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

Field	Value	IRS element (for citing)
Trusted Customer	0	TrustedCustomerCd
Authentication Assurance Level	AAL1	AuthenticationAssuranceLevelCd
Identity Assurance Level	IAL1	IdentityAssuranceLevelCd
Federated Assurance Level	FAL1	FederatedAssuranceLevelCd

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	$96,749	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	$16	InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm	$16	InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm	$16	InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss	$951	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$951	DividendsNetInvstIncmAmt
Dividends Adj Net Incm	$951	DividendsAdjNetIncmAmt
Total Rev And Expnss	$967	TotalRevAndExpnssAmt
Total Net Invst Incm	$967	TotalNetInvstIncmAmt
Total Adj Net Incm	$967	TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss	$540	AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm	$270	AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps	$270	AccountingFeesChrtblPrpsAmt
Taxes Rev And Expnss	$11	TaxesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss	$551	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$270	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$270	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$9,000	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$9,000	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$9,551	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$270	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$9,270	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	-$8,584	ExcessRevenueOverExpensesAmt
Net Investment Income	$697	NetInvestmentIncomeAmt
Adjusted Net Income	$967	AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Sav And Temp Cash Invst BOY	$569	SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY	$574	SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV	$574	SavAndTempCashInvstEOYFMVAmt
Other Investments BOY	$113,105	OtherInvestmentsBOYAmt
Other Investments EOY	$96,175	OtherInvestmentsEOYAmt
Other Investments EOYFMV	$96,175	OtherInvestmentsEOYFMVAmt
Total Assets BOY	$113,674	TotalAssetsBOYAmt
Total Assets EOY	$96,749	TotalAssetsEOYAmt
Total Assets EOYFMV	$96,749	TotalAssetsEOYFMVAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY	$113,674	NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY	$96,749	NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY	$113,674	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$96,749	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$113,674	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$96,749	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$113,674	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	-$8,584	ExcessRevenueOverExpensesAmt
Subtotal	$105,090	SubtotalAmt
Other Decreases	$8,341	OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY	$96,749	TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$10	InvestmentIncomeExciseTaxAmt
Subtotal	$10	SubtotalAmt
Tax Based On Investment Income	$10	TaxBasedOnInvestmentIncomeAmt
Tax Due	$10	TaxDueAmt
Applied To ES Tax	$0	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
Form990 PF Filed With Atty Gen	Yes (true)	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
Website Address	N/A	WebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

Field	Value	IRS element (for citing)
Business Name Line1	GARY CARR	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	8053821644	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	2560 PENINSULA RD	AddressLine1Txt
City	OXNARD	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	93035	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
Acts Fail To Qlfy As Exceptions	false	ActsFailToQlfyAsExceptionsInd
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
Subj To Tax Rmnrtn Ex Prcht Pymt	false	SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	TitleTitleTxt	Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt	CompensationCompensationAmt
GARY S CARR
2560 PENINSULA RD	OXNARD	CA	93035	President	0.00	$0
JEFF OSTER
2560 PENINSULA RD	OXNARD	CA	93035	Vice President	0.00	$0
SHARY Y CARR
2560 PENINSULA RD	OXNARD	CA	93035	Secretary	0.00	$0
DAVID WITT
2560 PENINSULA RD	OXNARD	CA	93035	Treasurer	0.00	$0

Field	Value	IRS element (for citing)
Comp Of Hghst Pd Empl Or NONE	NONE	CompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONE	NONE	CompOfHghstPdCntrctOrNONETxt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$100,713	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$4,500	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$105,213	TotalFMVOfUnusedAssetsAmt
Reduction Claimed	$0	ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast	$105,213	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$1,578	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$103,635	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$5,182	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$5,182	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$10	TaxBasedOnInvestmentIncomeAmt
Total Tax	$10	TotalTaxAmt
Distributable Before Adj	$5,172	DistributableBeforeAdjAmt
Distributable Before Ded	$5,172	DistributableBeforeDedAmt
Distributable As Adjusted	$5,172	DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$9,270	ExpensesAndContributionsAmt
Qualifying Distributions	$9,270	QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$5,172	DistributableAsAdjustedAmt
Excess Distribution Cyov Yr2	$3,232	ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1	$3,372	ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov	$6,604	TotalExcessDistributionCyovAmt
Qualifying Distributions	$9,270	QualifyingDistributionsAmt
Treated As Distri From Corpus	$0	TreatedAsDistriFromCorpusAmt
Applied To Current Year	$5,172	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$4,098	RemainingDistriFromCorpusAmt
Total Corpus	$10,702	TotalCorpusAmt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr	$10,702	ExcessDistriCyovToNextYrAmt
Excess From Year2	$3,232	ExcessFromYear2Amt
Excess From Year1	$3,372	ExcessFromYear1Amt
Excess From Current Year	$4,098	ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (5 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
CREEKSIDE BIBLE CHURCH
10505 MILLER AVENUE	CUPERTINO	CA	95014	PC	SUPPORT MINISTRY	$1,800
S E R V MINISTRIES
PO BOX 127	DANA POINT	CA	92629	PC	SUPPORT MINISTRY	$1,800
FOOTHILL CHRISTIAN FELLOWSHIP
1100 SUGAR PINE ROAD	MEADOW VISTA	CA	95722	PC	SUPPORT BIBLE CAMP	$1,800
THE FATHER'S HOUSE
1505 E 20TH AVENUE	HUTCHINSON	KS	67502	PC	SUPPORT MINISTRY	$1,800
ORCHARD COMMUNITY CHURCH
8180 TELEPHONE ROAD	VENTURA	CA	93004	PC	SUPPORT MINISTRY	$1,800

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$9,000	TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$16	ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$951	ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Exclusion	$967	ExclusionAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$967	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	ACCOUNTING	CategoryTxt
Amt	$540	Amt
Net Investment Income	$270	NetInvestmentIncomeAmt
Adjusted Net Income	$0	AdjustedNetIncomeAmt
Disbursements Charitable Prps	$270	DisbursementsCharitablePrpsAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

Field	Value	IRS element (for citing)
Category Or Item	OTHER INVESTMENT	CategoryOrItemTxt
Listed At Cost Or FMV	AT COST	ListedAtCostOrFMVCd
Book Value	$96,175	BookValueAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

Field	Value	IRS element (for citing)
Category	EXCISE TAX	CategoryTxt
Amt	$11	Amt

THE GLAD FOUNDATION: Form 990PF, tax year 2022

Return header ReturnHeader

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

Preparer US Address PreparerUSAddress

Filer Filer

Business Name BusinessName

US Address USAddress

Business Officer BusinessOfficerGrp

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Preparer Person PreparerPersonGrp

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

Form 990-PF IRS990PF

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Statements Regarding Acty StatementsRegardingActyGrp

Persons With Books Name PersonsWithBooksName

Location Of Books US Address LocationOfBooksUSAddress

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)

Minimum Investment Return MinimumInvestmentReturnGrp

Distributable Amount DistributableAmountGrp

PF Qualifying Distributions PFQualifyingDistributionsGrp

Undistributed Income UndistributedIncomeGrp

Supplementary Information SupplementaryInformationGrp

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (5 entries)

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

Comments