KATHERINE W MONROE & DOUGLAS D MONROE JR FAMILY CHARITABLE FOUNDA: Form 990PF, tax year 2022

View the entire original 990 at ProPublica ↗

Organization: KATHERINE W MONROE & DOUGLAS D MONROE JR FAMILY CHARITABLE FOUNDA (EIN 47-7254611)
Tax period: 2022-01-01 to 2022-12-31
Filed: 2023-11-14
IRS object ID: 202303199349103930
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
Investments Corp Stock Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2023-11-14T21:15:41-05:00	ReturnTs
Tax Period End	2022-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	450956242	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	MITCHELL CPAS & ADVISORS PC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	6510 MAIN STREET	AddressLine1Txt
City	Gloucester	CityNm
State Abbreviation	VA	StateAbbreviationCd
ZIP	23061	ZIPCd

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

Filer Filer

Field	Value	IRS element (for citing)
EIN	477254611	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	KATHERINE W MONROE & DOUGLAS D MONROE JR	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	KATH	BusinessNameControlTxt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 518	AddressLine1Txt
City	IRVINGTON	CityNm
State Abbreviation	VA	StateAbbreviationCd
ZIP	224800518	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	WENDY M SZPERSKI	PersonNm
Person Title	TRUSTEE	PersonTitleTxt
Phone	8044386737	PhoneNum
Signature	2023-11-15	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	WENDY	PersonFirstNm
Person Last	SZPERSKI	PersonLastNm

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	MITCHELL W KENT	PreparerPersonNm
PTIN	P01234049	PTIN
Phone	8046932040	PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

Field	Value	IRS element (for citing)
Trusted Customer	0	TrustedCustomerCd
OOB Security Verification	00	OOBSecurityVerificationCd
Authentication Assurance Level	AAL1	AuthenticationAssuranceLevelCd
Identity Assurance Level	IAL1	IdentityAssuranceLevelCd

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	$796,111	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
Dividends Rev And Expnss	$28,890	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$28,890	DividendsNetInvstIncmAmt
Dividends Adj Net Incm	$28,890	DividendsAdjNetIncmAmt
Total Rev And Expnss	$28,890	TotalRevAndExpnssAmt
Total Net Invst Incm	$28,890	TotalNetInvstIncmAmt
Total Adj Net Incm	$28,890	TotalAdjNetIncmAmt
Taxes Rev And Expnss	$500	TaxesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss	$500	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$0	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$0	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$0	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$0	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$500	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$0	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$0	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	$28,390	ExcessRevenueOverExpensesAmt
Net Investment Income	$28,890	NetInvestmentIncomeAmt
Adjusted Net Income	$28,890	AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$16,510	CashBOYAmt
Cash EOY	$44,900	CashEOYAmt
Cash EOYFMV	$44,900	CashEOYFMVAmt
Corporate Stock BOY	$903,093	CorporateStockBOYAmt
Corporate Stock EOY	$903,093	CorporateStockEOYAmt
Corporate Stock EOYFMV	$751,211	CorporateStockEOYFMVAmt
Total Assets BOY	$919,603	TotalAssetsBOYAmt
Total Assets EOY	$947,993	TotalAssetsEOYAmt
Total Assets EOYFMV	$796,111	TotalAssetsEOYFMVAmt
Total Liabilities BOY	$0	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117	Yes (X)	OrgDoesNotFollowFASB117Ind
Additional Paid In Capital BOY	$919,603	AdditionalPaidInCapitalBOYAmt
Additional Paid In Capital EOY	$947,993	AdditionalPaidInCapitalEOYAmt
Tot Net Ast Or Fund Balances BOY	$919,603	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$947,993	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$919,603	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$947,993	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$919,603	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	$28,390	ExcessRevenueOverExpensesAmt
Subtotal	$947,993	SubtotalAmt
Tot Net Ast Or Fund Balances EOY	$947,993	TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$402	InvestmentIncomeExciseTaxAmt
Tax Under Section511	$0	TaxUnderSection511Amt
Subtotal	$402	SubtotalAmt
Subtitle A Tax	$0	SubtitleATaxAmt
Tax Based On Investment Income	$402	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$500	EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits	$500	TotalPaymentsAndCreditsAmt
Overpayment	$98	OverpaymentAmt
Applied To ES Tax	$98	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	false	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (true)	AtLeast5000InAssetsInd
Org Report Or Register State	VA	OrgReportOrRegisterStateCd
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
Individual With Books	MITCHELL CPAS ADVISORS PC	IndividualWithBooksNm
Phone	8046932040	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	6510 MAIN STREET	AddressLine1Txt
City	GLOUCESTER	CityNm
State Abbreviation	VA	StateAbbreviationCd
ZIP	23061	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
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
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	Employee Benefit ProgramEmployeeBenefitProgramAmt	Expense Account Other AllwncExpenseAccountOtherAllwncAmt
DOUGLAS D MONROE JR
PO BOX 518	IRVINGTON	VA	224800518	TRUSTEE	5.00	$0	$0	$0
WENDE M SZYPERSKI
P O BOX 38	IRVINGTON	VA	22480	TRUSTEE	5.00	$0	$0	$0
MARGARET M BARLOW
484 LIGHTFOOT ROAD	LOUISVILLE	KY	40207	TRUSTEE	5.00	$0	$0	$0
KATHERINE M SPOTTS
6101 RIVER ROAD	RICHMOND	VA	23226	TRUSTEE	5.00	$0	$0	$0

Field	Value	IRS element (for citing)
Comp Of Hghst Pd Empl Or NONE	NONE	CompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k	0	OtherEmployeePaidOver50kCnt
Comp Of Hghst Pd Cntrct Or NONE	NONE	CompOfHghstPdCntrctOrNONETxt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$749,741	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$29,370	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$779,111	TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness	$0	AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast	$779,111	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$11,687	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$767,424	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$38,371	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$38,371	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$402	TaxBasedOnInvestmentIncomeAmt
Total Tax	$402	TotalTaxAmt
Distributable Before Adj	$37,969	DistributableBeforeAdjAmt
Distributable Before Ded	$37,969	DistributableBeforeDedAmt
Distributable As Adjusted	$37,969	DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$0	ExpensesAndContributionsAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$37,969	DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5	$33,612	ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr3	$130,289	ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2	$98,930	ExcessDistributionCyovYr2Amt
Total Excess Distribution Cyov	$262,831	TotalExcessDistributionCyovAmt
Excess Distri Cyov App CY Corpus	$37,969	ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY	$37,969	ExcessDistributionCyovAppCYAmt
Total Corpus	$224,862	TotalCorpusAmt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr	$224,862	ExcessDistriCyovToNextYrAmt
Excess From Year3	$125,932	ExcessFromYear3Amt
Excess From Year2	$98,930	ExcessFromYear2Amt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd
Total Grant Or Contri Pd Dur Yr	$0	TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut	$0	TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$28,890	ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Exclusion	$28,890	ExclusionAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$28,890	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

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (6 entries)

StockStockNm	EOY Book ValueEOYBookValueAmt	EOYFMVEOYFMVAmt
6937 SHS CHESAPEAKE FINANCIAL	$117,265	$141,792
3915 SHS CHESAPEAKE FINANCIAL	$77,068	$80,023
11676 SHS CHESAPEAKE FINANCIAL	$302,416	$238,657
9422 SHS CHESAPEAKE FINANCIAL	$283,311	$192,586
4312 SHS CHESAPEAKE FINANCIAL	$111,094	$88,137
490 SHS CHESAPEAKE FINANCIAL	$11,939	$10,016

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

Field	Value	IRS element (for citing)
Category	TAXES	CategoryTxt
Amt	$500	Amt
Net Investment Income	$0	NetInvestmentIncomeAmt
Adjusted Net Income	$0	AdjustedNetIncomeAmt
Disbursements Charitable Prps	$0	DisbursementsCharitablePrpsAmt

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