2023-10-30T10:11:20-00:00 2022-12-31 592056064 FRAZIER & FRAZIER ATTYS 1515 RIVERSIDE AVE STE A JACKSONVILLE FL 32204 990PF 2022-01-01 592678732 Winston Family Foundation % Mary M Winston WINS 9043587269 40 E Adams Street STE Suite 100 Jacksonville FL 32202 CHARLES WINSTON Trustee 9043587269 2023-10-17 true Winston Mary M true D KENT SAUSAMAN P01870451 9043535616 2023-10-17 AAL1 IAL1 2022 2023-04-26 12:10:37Z X X 125462077 X 2071 X 2507770 1834965 -211762 44858402 0 41322 69059 2339401 1904024 90000 90000 290243 290258 37380 37380 34004 34004 30425 30425 826586 473661 406375 130002 36375 21644 3416 3416 49095 49095 50961 50961 1093 1093 50161 48782 1593366 513452 1060017 5756998 5756998 7350364 513452 6817015 -5010963 1390572 75 49 49 2564479 3122918 3122933 710 25000 73593609 63272362 74419554 24403449 29367590 28944507 24292 15756 11952 8536 8536 19030910 18986007 18966498 119630184 114757462 125462077 1279 6874 1279 6874 X 119628905 114750588 119628905 114750588 119630184 114757462 119628905 -5010963 136926 114754868 4280 114750588 UBS 180 LT Box D 139415 130495 8920 8920 UBS 180 LT Box E 372891 363500 9391 9391 UBS 161 ST Box A 12095234 12124495 -36033 -36033 UBS 161 LT Box D 2405863 2544617 -135728 -135728 UBS 161 LT Box E 1593491 1568649 23962 23962 UBS 042 ST Box A 594635 633343 -38708 -38708 UBS 042 LT Box D 852159 1034854 -182695 -182695 UBS 067 ST Box A 151799 267556 -115757 -115757 UBS 067 LT Box D 935552 800147 135405 135405 UBS 067 LT Box E 88284 61030 27254 27254 UBS 072 ST Box A 239386 247080 -7694 -7694 UBS 072 LT Box D 337178 308840 28338 28338 UBS 073 ST Box A 407337 491279 -79397 -79397 UBS 073 LT Box D 426674 462298 -34336 -34336 UBS 074 LT Box D 50000 50000 UBS 074 LT Box E 564 564 UBS 075 ST Box A 634757 736849 -102092 -102092 UBS 075 LT Box D 1150419 1163528 -13109 -13109 UBS 077 ST Box A 32056 29432 2624 2624 UBS 077 LT Box D 1195679 1041204 154475 154475 UBS 078 ST Box A 179398 218508 -39110 -39110 UBS 078 LT Box D 1279049 1082101 196948 196948 UBS 081 ST Box A 1018048 1517271 -499223 -499223 UBS 081 LT Box D 8295251 8126475 168776 168776 UBS 082 ST Box A 189562 210007 -20284 -20284 UBS 082 LT Box D 2949798 2743932 232495 232495 UBS 082 LT Box E 1322532 1220572 101960 101960 UBS 084 ST Box A 107253 152024 -44771 -44771 UBS 084 LT Box D 736998 762567 -25569 -25569 UBS 086 ST Box A 3449426 3590841 -141415 -141415 UBS 086 LT Box D 1088602 1071617 16985 16985 LT From K-1 - Morgan Creek Partners 5758 5758 5758 ST From K-1 - Morgan Creek Bric Plus 309 309 309 LT From K-1 - Morgan Creek Bric Plus 4570 4570 4570 LT From K-1 - Trumbull Prop Growth Inc. Fd 145452 145452 145452 ST From K-1 - JHW Estate 2506 -2506 -2506 LT From K-1 - JHW Estate 339980 -339980 -339980 Third Point 59126 59126 59126 Cedar CZ TCH 108989 108989 108989 LT From K-1 - Challen Partners, Ltd. 34199 34199 34199 -211762 1987-02-03 19329 19329 19329 40000 12500 52500 52500 X 33171 33171 false false false false false true true false true true FL true false false false true true Winston Family Foundation 9043587269 40 E Adams Street Suite 100 Jacksonville FL 32202 false false false false true false false false false false false false false false false false false false false false false false James H Winston Jr 40 E Adams Street Suite 100 Jacksonville FL 32202 Trustee 010.00 30000 Mary M Winston 40 E Adams Street Suite 100 Jacksonville FL 32202 Trustee 010.00 30000 Charles Winston 40 E Adams Street Suite 100 Jacksonville FL 32202 Trustee 010.00 0 Franklin Beard 40 E Adams Street Suite 100 Jacksonville FL 32202 Trustee 010.00 0 Robert WWinston 40 E Adams Street Suite 100 Jacksonville FL 32202 Trustee 010.00 30000 Sylia Obagi 40 E Adams Street Suite 100 Jacksonville FL 32202 Executive Director 040.00 162500 16152 Mary Ross 40 E Adams Street Suite 100 Jacksonville FL 32202 Office Manager 040.00 127743 9725 UBS Financial Services 1000 Harbor Blvd Weehawken NJ 07086 Investment Advisory 377723 James H Winston Jr Ph D 1455 Ocean Drive Apt 802 Miami Beach FL 33139 Consulting Services 101700 FINN Partners Inc 301 E 57th Street New York NY 10022 Marketing Services 120000 During the tax year ending December 31, 2022, the Foundation engaged only one direct charitable activity commonly known as the Winston Family Initiative in Technology and Adolescent Brain Development (WiFi), which, in collaboration with the University of North Carolina at Chapel Hill, has established The Winston National 0 Center on Technology Use, Brain and Psychological Development, (the Center). WiFi and the Center work to examine the long-term effects of technology and social media use on teen social and emotional development and strive to create more tools for parents, caregivers, and teens to make better-informed choices about how 0 they interact with technology and social media. In that regard, the Foundation made payments totaling $300,732 in connection with funding WiFi and the Center, as follows: ----Consulting Fees: Dr. James H. Winston Jr. ($107,700) & ESJ Education Consulting, LLC ($27,000) 0 ----Legal Fees: Franklin, Weinrib, Rudell and Vassallo, P.C ($616) ----Public Relations / Marketing: Finn Partners, Inc. ($120,000) & Brand Navigation, LLC ($12,000) ----Public Relation / Website: Square Space ($218) 300732 108993340 4045996 24431432 137470768 137470768 2062062 135408706 6770435 6770435 19329 19329 6751106 6751106 6751106 6817015 6817015 6751106 6714590 6817015 6714590 102425 6648681 X Boys & Girls Club of Wake County 701 N Raleigh Blvd Raleigh NC 27610 PC To provide program staffing, supplies and materials for a new Boys Girls Club 20000 Cathedral Arts Project 207 N Laura St Suite 300 Jacksonville FL 32202 PC Cathedral Arts Project January 5000 Children's Home Society of Florida 3027 San Diego Rd PO Box 5616 Jacksonville FL 32247 PC Annual grant 5000 Cummer Museum of Art & Garden 829 Riverside Ave Jacksonville FL 32204 PC Annual grant 5000 Cummer Museum of Art & Garden 829 Riverside Ave Jacksonville FL 32204 PC Ponce de Leon Society 5000 Douglas Anderson School of Art 1478 Riverplace Blvd Ste 1606 Jacksonville FL 32207 PC Annual grant 5000 Duke University PO Box 90581 Durham NC 27708 PC Unrestricted grant for General Operating Support for Dukes Childrens Fund 5000 Episcopal School of Jacksonville 4455 Atlantic Blvd Jacksonville FL 32207 PC Annual grant 5000 Episcopal School of Jacksonville 4455 Atlantic Blvd Jacksonville FL 32207 PC Restricted capital support for campaign for Science and Student Life 150000 Florida State College at Jacksonville Foundation Inc 501 W State St Jacksonville FL 32202 PC General Operating Support 25000 Jacksonville Symphony Association 300 W Water St Ste 200 Jacksonville FL 32202 PC General Operating Support 85000 Jacksonville Symphony Association 300 W Water St Ste 200 Jacksonville FL 32202 PC Grant for Music Program 10000 Jacksonville Symphony Association 300 W Water St Ste 200 Jacksonville FL 32202 PC Grant for Youth Music Program 5000 Jacksonville Zoological Society Inc 370 Zoo Parkway Jacksonville FL 32218 PC Annual grant 5000 Junior Achievement 4049 Woodcock Dr Suite 200 Jacksonville FL 32207 PC Annual grant 5000 Leadership Jacksonville 40 East Adams St Ste 230 Jacksonville FL 32207 PC General Operating Support 5000 Museum of Contempoary Art Jacksonville 333 N Laura St Jacksonville FL 32202 PC Annual grant for education 5000 National Center for Family Philanthropy 667 K Street NW Ste 350 Washington DC 20006 PC Friends of the Family and Leadership Circle 10000 University of North Florida Foundation 112 W Adams St 4th Floo Jacksonville FL 32202 PC OneJax 5000 Public Trust Environmental Legal 2029 Third Street North Jacksonville Beach FL 32250 PC Provide restricted project support for Ecological Assessments Critical Scientific Data Initiative 25000 Raleigh Police Department Foundation POBox 18283 Raleigh NC 27619 PC General Operating Support 9856 Ravenscroft School 7409 Falls of Neuse Rd Raleigh NC 27615 PC General Operating Support 748 Ravenscroft School 7409 Falls of Neuse Rd Raleigh NC 27615 PC General Operating Support 199252 Riverside Presbyterian Day School 830 Oak St Jacksonville FL 32204 PC Riverside Cornerstone Capital Campaign 25175 Sound Rivers Inc PO Box 1854 Washington NC 27889 PC To provide restricted general program support for Plastics Reduction Campaign 20000 South Orange Rescue Squad Inc 202 Roberson St Carrboro NC 27510 PC General Operating Support 65351 Philanthropy Southeast 100 Peachtree St NW Ste 2080 Atlanta GA 30303 PC Grant to support annual conference 1900 St Mark's Church Foundation 4129 Oxford Ave Jacksonville FL 32210 PC Annual grant 22424 St Mark's Church Foundation 4129 Oxford Ave Jacksonville FL 32210 PC Restricted project support for underwriting epiphany series replace outdoor sound system 8580 Allison Brundick Haramis Foundation 2905 Corinthian Ave Suite 2 Jacksonville FL 32210 PC General Operating Support 10000 American Chestnut Foundation 50 North Merrimon Ave Ste 115 Ashville NC 28804 PC General Operating Support 50000 Community Foundation of Northeast Florida 245 Riverside Ave Suite 310 Jacksonville FL 32202 PC Grant to Mary McKimmon Winston Fund, a donor-advised fund. See Part VIII-A , Line 12. 100000 Community Foundation of Northeast Florida 245 Riverside Ave Suite 310 Jacksonville FL 32202 PC Grant to Mary McKimmon Winston Fund, a donor-advised fund. See Part VIII-A , Line 12. 100000 Community Foundation of Northeast Florida 245 Riverside Ave Suite 310 Jacksonville FL 32202 PC General Operating Support 100000 Community Foundation of Northeast Florida 245 Riverside Ave Suite 310 Jacksonville FL 32202 PC Grant to Winston Family Foundation Fund, a donor-advised fund. See Part VIII-A , Line 12. 1700000 Foundation of Hope for Research and Treatment of Mental Illness 9401 Glenwood Ave Raleigh NC 27617 PC To provide program support for phase 2 of CHAAMP campaign 150000 Triangle Land Conservancy Inc 514 South Duke St Durham NC 27701 PC To provide project support for Wilsons Mills land protection projects in Johnston County, NC 50000 Triangle Land Conservancy Inc 514 South Duke St Durham NC 27701 PC To provide unrestricted general operating support for land conservation in Johnston County, NC 50000 University of North Carolina at Chapel Hill 103 South Building Campus Box 9100 Chapel Hill NC 27514 PC Grant for Winston Family Distinguished Professorship Fund 2500000 University of North Carolina Chapel Hill Arts and Sciences Foundation 523 E Franklin St Chapel Hill NC 27514 PC Annual Arts Sciences Foundation grant 5000 University of North Carolina Chapel Hill Arts and Sciences Foundation 523 E Franklin St Chapel Hill NC 27514 PC Final payment for Winston House grant 48089 United Way of Northeast Florida 40 E Adams St Ste 200 Jacksonville FL 32202 PC Annual grant 23123 Virginia Episcopal School 400 VES Rd Lynchburg VA 24503 PC Annual grant 5000 WJCT Inc 100 Festival Park Ave Jacksonville FL 32202 PC Annual grant 5000 Wounded Warrior Project 4899 Belfort Rd Ste 300 Jacksonville FL 32256 PC General Operating Support 2500 YMCA of Florida's First Coast 40 East Adam St Ste 210 Jacksonville FL 32202 PC Second payment on Phase II Capital pledge 100000 YMCA of Florida's First Coast 40 East Adam St Ste 210 Jacksonville FL 32202 PC Annual grant 5000 YMCA of Florida's First Coast 40 East Adam St Ste 210 Jacksonville FL 32202 PC Annual grant for Camp IMMOK 5000 YMCA of Florida's First Coast 40 East Adam St Ste 210 Jacksonville FL 32202 PC Annual grant for Tiger Academy 5000 5756998 14 2507770 18 41322 18 -211762 2337330 2337330 false false false false false false false false false false Accounting Fees 30425 30425 Office furniture 2019-12-31 20040 10180 MACRS 0000000007.000000000000 2818 2818 EDP equipment 2019-12-31 4252 2160 MACRS 0000000007.000000000000 598 598 Further Explanation related to Part VII, Lines 1 and 3 concerning Investment Advisory Fees Paid to U Further Explanation related to Part VII, Lines 1 and 3 concerning Investment Advisory Fees Paid to UBS Financial Services The Winston Family Foundation WFF has engaged the investment advisory services of UBS Financial Services UBS with respect to WFFs investment assets and pays investment advisory fees to UBS in connection with the rendition of such investment advisory services. During 2022,WFF paid investment advisory fees to the Beard Williams Group at UBS totaling 157,323. Franklin Beard Beard, a trustee of WFF, is a principal of the Beard Williams Group and renders investment advisory services to WFF on behalf of the Beard Williams Group and UBS. Beard is compensated by the Beard Williams Group and UBS under an employment arrangement and WFF is not a party to that arrangement. The aggregate amount of investment advisory fees paid to UBS are disclosed herein on Line 3 of Part VII of the return. Beard is not compensated by WFF for personal services rendered to WFF as a trustee, which is disclosed herein on Line 1 of Part VII of the return. Further Explanation related to Part VII, Lines 1 and 3 concerning Consulting Fees Paid to James H. Winston, Jr., Ph. D WFF has engaged the consulting services of James H. Winston, Jr., Ph. D. Winston with respect to WFFs funding of the Winston Family Initiative in Technology and Adolescent Brain Development WiFi, which is a direct charitable activitiy more particularly described in Part VIII of this return. During 2022, WFF paid consulting fees to Winston in the amount of 101,700.00 in connection with professional services rendered to WFF in connection with WiFi. Winston is a practicing psychologist who specializes in the field of addiction and his expertise is critical to WiFi. Winston is a trustee of WFF and is the son of the founder of WFF. In 2022, WFF paid trustee fees to Winston in the amount of 30,000.00 for personal services rendered to WFF as a trustee, which is disclosed herein on Line 1 of Part VII of the return. Corporate Bonds 18774440 18344507 Government Securities 10593150 10600000 Corporate Stocks 63197809 74344997 Preferred Stocks 24226 24230 Cash from Unsettled Stock Sales 50327 50327 Office furniture 20040 12998 7042 7042 EDP equipment 4252 2758 1494 1494 Legal Fees re Direct Charitable Activities 616 616 Legal Fees 33388 33388 Other Assets 19030910 Private Investments 1637060 3080194 Hedge Funds 12858269 10317416 Real Estate Investments 4330598 5408808 Artwork, sculptures, and rugs 160080 160080 Basis Adjustment 4280 Website - WiFi DCA fees 218 218 Website - domain names 41 41 Computer - IT support services 10275 10275 Computer - software licenses 2892 2892 Office - equipment lease 50 50 Office - office expense 6214 6214 Office - Supplies 642 642 Office - miscellaneous 56 56 Office - repairs and maintenance 256 256 Office - Paychecks document fee 15 15 Licenses and permits 250 250 Utilities - mobile devices and service 414 414 Utilities - telephone, internet, and utilities 2823 2823 Dues Subscriptions - membership dues 763 763 Dues Subscriptions - subscription services 12313 12313 Bank Fees 25 25 Insurance - directors liability insurance 3546 3546 Insurance - prepaid insurance 765 765 Insurance - workers compensation insurance 586 586 Labor - contract labor 875 875 Miscellaneous - prepaid expenses 5763 5763 Miscellaneous - disposition of personal property 1379 Net capital losses adjusted for cash flow -96846 Challen Partners, LP 62418 UBS 071 Private Equity / Real Estate Investments 73050 UBS 161 Misc. Income 2700 Ridgewood Energy T Fund, LLC 2046 Fortress Transportation and Infrastructure Investors, LLC 688 Morgan Creek Partners II, LP -1197 Morgan Creek Bric Plus Private Fund, Ltd. 15 Merchants Plaza at Ponte Vedra, LLLP 67507 Adjustment related to unrealized gain on securities used to fund grants 0 -- 2,293 shares of IMKTA stock grant to Ravencroft School 117819 -- 201 shares of RSG stock grant to Riverside Presbyterian Day School 19105 Rounding Adjustment 2 Credit Card Balance 1279 6874 Consulting Fee re DCA - James H. Winston, Jr. 101700 101700 Consulting Fees re DCA - ESJ Education oOnsulting 27000 27000 Marketing Fees re DCA - FINN Partners 132000 132000 Board Consultants - Natl Center for Fam. Phil. 44563 44563 Board Consultants Programs - Annie Bryan 4536 4536 Board Consultants - Social Sector Partners 1500 1500 Board Consultants - Pamela Saelieb 750 750 UBS Investment Advisory Fees 157323 138694 18629 Investment Advisory Fees multiple all 50,000 253857 253857 UBS ADR Fees 10160 10160 Investment Consultants - ClearView by KDI, LLC 17500 17500 Marketing Consultants - Brand Navigation, LLC 500 500 Software consultants 2250 2250 Executive Search Recruiting 71503 71503 Administrative Service Fees 1444 1444 Misc. Itemized Deductions Allocated from Sch. K-1 53450 Employers FICA Taxes 16846 16846 Employers Medicare Taxes 4165 4165 Employers SUTA 633 633 Net Investment Income Excise Tax Paid in 2022 72988 Foreign Tax Paid UBS Investments 35370 35370 Foreign Tax Allocated from Sch. K-1 1005