WERNER W AND CHRISTINE C SCHULZE PRIVATE FOUNDATION: Form 990PF, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
WERNER W AND CHRISTINE C SCHULZE PRIVATE FOUNDATION (EIN 04-3666360)
Tax period
2022-01-01 to 2022-12-31
Filed
2023-11-10
IRS object ID
202303149349102505
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)
Return2023-11-10T12:35:16-08:00ReturnTs
Tax Period End2022-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN880326073PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Ken R Ashworth & AssociatesBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11057 Whitney Ranch Drive Suite 350AddressLine1Txt
CityHendersonCityNm
State AbbreviationNVStateAbbreviationCd
ZIP89014ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2022-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN043666360EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Werner W Schulze and Christine SchulzeBusinessNameLine1Txt
Business Name Line2Private FoundationBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlWERNBusinessNameControlTxt
Phone7028939500PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11057 Whitney Ranch Drive 350AddressLine1Txt
CityHendersonCityNm
State AbbreviationNVStateAbbreviationCd
ZIP89014ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonKen AshworthPersonNm
Person TitleDirectorPersonTitleTxt
Signature2023-11-10SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstKenPersonFirstNm
Person LastAshworthPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonLynna HodginPreparerPersonNm
PTINP01604563PTIN
Phone7028939500PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
Federated Assurance LevelFAL1FederatedAssuranceLevelCd
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$657,322FMVAssetsEOYAmt
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 Net Invst Incm$19InterestOnSavNetInvstIncmAmt
Dividends Net Invst Incm$25,275DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss-$4,409NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$40,030GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$1,993CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss-$4,409TotalRevAndExpnssAmt
Total Net Invst Incm$27,287TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$1,000CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm$1,000CompOfcrDirTrstNetInvstIncmAmt
Legal Fees Rev And Expnss$32,314LegalFeesRevAndExpnssAmt
Trav Conf Meeting Rev And Expnss$761TravConfMeetingRevAndExpnssAmt
Other Expenses Rev And Expnss$50OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$50OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$34,125TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$1,050TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$35,500ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$35,500ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$69,625TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$1,050TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$35,500TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$74,034ExcessRevenueOverExpensesAmt
Net Investment Income$26,237NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$24,342SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$15,953SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$15,953SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$777,122CorporateStockBOYAmt
Corporate Stock EOY$641,369CorporateStockEOYAmt
Corporate Stock EOYFMV$641,369CorporateStockEOYFMVAmt
Total Assets BOY$801,464TotalAssetsBOYAmt
Total Assets EOY$657,322TotalAssetsEOYAmt
Total Assets EOYFMV$657,322TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Capital Stock BOY$801,464CapitalStockBOYAmt
Capital Stock EOY$657,322CapitalStockEOYAmt
Tot Net Ast Or Fund Balances BOY$801,464TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$657,322TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$801,464TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$657,322TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$801,464TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$74,034ExcessRevenueOverExpensesAmt
Subtotal$727,430SubtotalAmt
Other Decreases$70,108OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$657,322TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

FieldValueIRS element (for citing)
Capital Gain Net Income$1,993CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$365InvestmentIncomeExciseTaxAmt
Subtotal$365SubtotalAmt
Tax Based On Investment Income$365TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$403EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$403TotalPaymentsAndCreditsAmt
Overpayment$38OverpaymentAmt
Applied To ES Tax$38AppliedToESTaxAmt

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 FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1Ken AshworthBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone7028939500PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line11057 Whitney Ranch 350AddressLine1Txt
CityHendersonCityNm
State AbbreviationNVStateAbbreviationCd
ZIP89014ZIPCd
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
Acts Fail To Qlfy As ExceptionsfalseActsFailToQlfyAsExceptionsInd
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 (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
Elizabeth Stratemeyer
c/o Ken R Ashworth AssocHendersonNV89014President0.00$1,000
Ken Ashworth
1057 Whitney Ranch Dr Ste 350HendersonNV89014Director0.00$0
Lynna Hodgin
c/o Ken R Ashworth AssocHendersonNV89014Director0.00$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$681,900AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$25,977AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$707,877TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$707,877AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$10,618CashDeemedCharitableAmt
Net Vl Noncharitable Assets$697,259NetVlNoncharitableAssetsAmt
Minimum Investment Return$34,863MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$34,863MinimumInvestmentReturnAmt
Tax Based On Investment Income$365TaxBasedOnInvestmentIncomeAmt
Total Tax$365TotalTaxAmt
Distributable Before Adj$34,498DistributableBeforeAdjAmt
Distributable Before Ded$34,498DistributableBeforeDedAmt
Distributable As Adjusted$34,498DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$35,500ExpensesAndContributionsAmt
Qualifying Distributions$35,500QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$34,498DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$26,750ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$24,000ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$18,950ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$1,244ExcessDistributionCyovYr2Amt
Total Excess Distribution Cyov$70,944TotalExcessDistributionCyovAmt
Qualifying Distributions$35,500QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$34,498AppliedToCurrentYearAmt
Remaining Distri From Corpus$1,002RemainingDistriFromCorpusAmt
Total Corpus$71,946TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$26,750ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$45,196ExcessDistriCyovToNextYrAmt
Excess From Year4$24,000ExcessFromYear4Amt
Excess From Year3$18,950ExcessFromYear3Amt
Excess From Year2$1,244ExcessFromYear2Amt
Excess From Current Year$1,002ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (9 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmtRecipient Foundation StatusRecipientFoundationStatusTxt
The American Red Cross
444 E Warm Springs Rd Ste 110Las VegasNV89119CharitySupport disaster relief for families$5,000
Marines Toys For Tots
18251 Quantico Gateway DrTriangleVA22172charitySocial Welfare$2,000
Safe Nest
2915 W Charleston Ste 12Las VegasNV89102charityCare and support of abused women and children$10,000
Beverly Sue Mathis Elementary
7950 Arville StreetLas VegasNV89139SchoolTo support children's education$4,000
Ronald McDonald House - LV
2323 Potosi StLas VegasNV89146charitySupport the children and families facing medical challenges$4,000
Catholic Charities of Southern NV
1501 Las Vegas Blvd NorthLas VegasNV89101charitySocial Assistance for the disadvantaged$5,000
Nevada Childhood Cancer Foundation
3711 East Sunset RdLas VegasNV89120charityMedical Research and services for critcally ill children$2,500501(c) 3
The Giving Store
274 E Lake Mead PkwyHendersonNV89015charityPromote social welfare and support women in need$1,000
Spread The Word Nevada
1065 American Pacific Dr 160HendersonNV89074charityPromote literacy and teach Nevada's children to read$2,000501 (c) 3
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$35,500TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm-$4,409RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm-$4,409RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty-$4,409TotalIncomeProducingActyAmt

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

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

FieldValueIRS element (for citing)
CategoryLegal FeesCategoryTxt
Legal Fees$32,314LegalFeesAmt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp

FieldValueIRS element (for citing)
DescLicensesDesc
Revenue And Expenses Per Books$50RevenueAndExpensesPerBooksAmt
Net Investment Income$50NetInvestmentIncomeAmt

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