ELIZABETH HOOK ARMSTRONG FOUNDATION: Form 990PF, tax year 2022

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Organization
ELIZABETH HOOK ARMSTRONG FOUNDATION (EIN 77-0547321)
Tax period
2022-01-01 to 2022-12-31
Filed
2023-11-07
IRS object ID
202313119349102456
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)
Return2023-11-07T16:59:33-08:00ReturnTs
Tax Period End2022-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN770296692PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Finn & Cohen CPAs APCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1425 Pacific Street Suite 302AddressLine1Txt
CityMontereyCityNm
State AbbreviationCAStateAbbreviationCd
ZIP93940ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2022-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN770547321EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Elizabeth Hook Armstrong FoundationBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlELIZBusinessNameControlTxt
Phone8313752327PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1215 West Franklin Street 312AddressLine1Txt
CityMontereyCityNm
State AbbreviationCAStateAbbreviationCd
ZIP93940ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJeffrey W GormanPersonNm
Person TitleTreasurerPersonTitleTxt
Signature2023-11-07SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstJeffrey WPersonFirstNm
Person LastGormanPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMark Kintz CPAPreparerPersonNm
PTINP00966850PTIN
Phone8313755166PhoneNum

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$1,168,500FMVAssetsEOYAmt
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 Rev And Expnss$1,150InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$1,150InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$1,150InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss$24,844DividendsRevAndExpnssAmt
Dividends Net Invst Incm$24,844DividendsNetInvstIncmAmt
Dividends Adj Net Incm$24,844DividendsAdjNetIncmAmt
Gross Sales Price$50,000GrossSalesPriceAmt
Total Rev And Expnss$25,994TotalRevAndExpnssAmt
Total Net Invst Incm$25,994TotalNetInvstIncmAmt
Total Adj Net Incm$25,994TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss$795AccountingFeesRevAndExpnssAmt
Other Expenses Rev And Expnss$1,526OtherExpensesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$2,321TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$64,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$64,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$66,321TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$64,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$40,327ExcessRevenueOverExpensesAmt
Net Investment Income$25,994NetInvestmentIncomeAmt
Adjusted Net Income$25,994AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$179,462CashBOYAmt
Cash EOY$189,135CashEOYAmt
Cash EOYFMV$189,135CashEOYFMVAmt
Corporate Stock BOY$431,354CorporateStockBOYAmt
Corporate Stock EOY$431,354CorporateStockEOYAmt
Corporate Stock EOYFMV$979,365CorporateStockEOYFMVAmt
Other Investments BOY$50,000OtherInvestmentsBOYAmt
Total Assets BOY$660,816TotalAssetsBOYAmt
Total Assets EOY$620,489TotalAssetsEOYAmt
Total Assets EOYFMV$1,168,500TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$660,816NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$620,489NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$660,816TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$620,489TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$660,816TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$620,489TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$660,816TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$40,327ExcessRevenueOverExpensesAmt
Subtotal$620,489SubtotalAmt
Tot Net Ast Or Fund Balances EOY$620,489TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
PropertyGoldman Sachs Bank CDPropertyDesc
How AcquiredPHowAcquiredCd
Acquired2017-10-04AcquiredDt
Sold2022-10-04SoldDt
Gross Sales Price$50,000GrossSalesPriceAmt
Cost Or Other Basis$50,000CostOrOtherBasisAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$361InvestmentIncomeExciseTaxAmt
Subtotal$361SubtotalAmt
Tax Based On Investment Income$361TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$729EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$729TotalPaymentsAndCreditsAmt
Overpayment$368OverpaymentAmt
Applied To ES Tax$368AppliedToESTaxAmt

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
Org Report Or Register StateCAOrgReportOrRegisterStateCd
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 Line1Jeffrey W GormanBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8313752327PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1215 West Franklin Ste 312AddressLine1Txt
CityMontereyCityNm
State AbbreviationCAStateAbbreviationCd
ZIP93940ZIPCd
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 (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
Walter McCullough
850 Webster Channing Hse 255Palo AltoCA94301President0.20$0
Brian Steckler
25777 Tierra Grande DriveCarmelCA93923Secretary0.30$0
Mike Kelly
PO Box 222634CarmelCA93922Trustee0.20$0
Jeffrey W Gorman
215 West Franklin Street 312MontereyCA93940Treasurer1.00$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$1,129,908AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$196,480AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$1,326,388TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$1,326,388AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$19,896CashDeemedCharitableAmt
Net Vl Noncharitable Assets$1,306,492NetVlNoncharitableAssetsAmt
Minimum Investment Return$65,325MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$65,325MinimumInvestmentReturnAmt
Tax Based On Investment Income$361TaxBasedOnInvestmentIncomeAmt
Total Tax$361TotalTaxAmt
Distributable Before Adj$64,964DistributableBeforeAdjAmt
Distributable Before Ded$64,964DistributableBeforeDedAmt
Distributable As Adjusted$64,964DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$64,000ExpensesAndContributionsAmt
Qualifying Distributions$64,000QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$64,964DistributableAsAdjustedAmt
Undistributed Income PY$61,157UndistributedIncomePYAmt
Qualifying Distributions$64,000QualifyingDistributionsAmt
Applied To Year1$61,157AppliedToYear1Amt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$2,843AppliedToCurrentYearAmt
Undistributed Income CY$62,121UndistributedIncomeCYAmt

Supplementary Information SupplementaryInformationGrp

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonNoneRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line125777 Tierra Grande DriveAddressLine1Txt
CityCarmelCityNm
State AbbreviationCAStateAbbreviationCd
ZIP93923ZIPCd
FieldValueIRS element (for citing)
Recipient Phone8312776222RecipientPhoneNum
Recipient Email AddressnoneRecipientEmailAddressTxt
Form And Info And MaterialsElizabeth Hook Armstrong Foundation Application FormFormAndInfoAndMaterialsTxt
Submission DeadlinesNoneSubmissionDeadlinesTxt
Restrictions On AwardsAs stated in the Articles of Incorporation, grant benefits are for programs that serve students with special needs who are, will be, or have been enrolled at the AB Ingham School ( a special needs program administered by the Monterey County Office of Education).RestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (4 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
Christine Marie's STAR Riders
2115 N fremont StreetMontereyCA93940Foundation beneficiaryPCTherapeutic riding for handicapped children$16,000
Josephine Kernes Memorial Pool
15 Portola AveMontereyCA93940Foundation BeneficiaryPCHandicapped exercise$16,000
Tatum's Treehouse
Carmel Valley Community Youth CenteCarmel ValleyCA93923Foundation BeneficiaryPCHandicapped Playground$16,000
AB Ingham School - MCOE
47 San Benancio Canyon RdSalinasCA93908Foundation BeneficiaryGOVSpecial Education$16,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$64,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$1,150ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$24,844ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$25,994ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$25,994TotalIncomeProducingActyAmt

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)
Amt$795Amt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (3 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
Ishares TIPS Bond ETF (Tip)$122,553$106,440
Ishares Core S&P 500 ETF$308,801$872,925
Goldman Sachs BK USA NY CD

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt
Attorney General Fees$25
Insurance$1,501

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