FREDRICK D AND KAREN G SCHAUFELD FAMILY FOUNDATION: Form 990PF, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- FREDRICK D AND KAREN G SCHAUFELD FAMILY FOUNDATION (EIN 46-1558417)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-11-13
- IRS object ID
- 202323179349102332
- 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
- Schedule B
- Accounting Fees Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-11-13T12:59:48-06:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 204831046 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FAIR ISLE ADVISORS | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1101 NORWALK STREET | AddressLine1Txt |
| City | GREENSBORO | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27407 | 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 | 461558417 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FREDRICK D & KAREN G SCHAUFELD FAMILY | BusinessNameLine1Txt |
| Business Name Line2 | FOUNDATION | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | FRED | BusinessNameControlTxt |
| Phone | 3364822444 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1101 NORWALK STREET | AddressLine1Txt |
| City | GREENSBORO | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27407 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | FREDRICK D SCHAUFELD | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 3364822444 | PhoneNum |
| Signature | 2023-11-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | FREDRICK | PersonFirstNm |
| Person Last | SCHAUFELD | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | LESLIE L ANDERSON | PreparerPersonNm |
| PTIN | P00021396 | PTIN |
| Phone | 3364822444 | PhoneNum |
| Preparation | 2023-11-06 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| 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 | $2,038,406 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $1,100,000 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $33,013 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $33,013 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $92,479 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $374,744 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $92,479 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $3,749 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $3,749 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $1,229,241 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $129,241 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $157,462 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $0 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $157,462 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $562 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $562 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $12,000 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $12,000 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $74,025 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $74,025 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Interest Rev And Expnss | $112 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $112 | InterestNetInvstIncmAmt |
| Interest Dsbrs Chrtbl | $0 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $80,002 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $2 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $32,354 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $32,354 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $35,847 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $35,847 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $392,364 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $74,139 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $238,225 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $2,772,791 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $2,772,791 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $3,165,155 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $74,139 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $3,011,016 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$1,935,914 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $55,102 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $1,325,383 | CashBOYAmt |
| Cash EOY | $624,556 | CashEOYAmt |
| Cash EOYFMV | $624,556 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $6,804 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $5,140 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $5,140 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $2,670 | CorporateStockBOYAmt |
| Corporate Stock EOY | $0 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $0 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $3,625,629 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $1,398,587 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $1,408,710 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $4,960,486 | TotalAssetsBOYAmt |
| Total Assets EOY | $2,028,283 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $2,038,406 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $4,960,486 | CapitalStockBOYAmt |
| Capital Stock EOY | $2,028,283 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $0 | RetainedEarningBOYAmt |
| Retained Earning EOY | $0 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $4,960,486 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $2,028,283 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $4,960,486 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $2,028,283 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $4,960,486 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$1,935,914 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $3,024,572 | SubtotalAmt |
| Other Decreases | $996,289 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $2,028,283 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES | $374,744 | $2,665 | $372,079 | $372,079 | |
| K-1: GLOBAL VOLATILITY VOYAGEUR, LP | -$389,839 | -$389,839 | P | ||
| K-1: SWAN & LEGEND FUND II LP | $110,239 | $110,239 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $92,479 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $766 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $766 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $766 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $16,150 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $16,150 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $15,384 | OverpaymentAmt |
| Applied To ES Tax | $15,384 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | DE | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FAIR ISLE ADVISORS | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3364822444 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1101 NORWALK ST | AddressLine1Txt |
| City | GREENSBORO | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27407 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | 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 |
|---|---|---|---|---|---|---|---|---|
| FREDRICK D SCHAUFELD | ||||||||
| PO BOX 6266 | LEESBURG | VA | 20178 | PRESIDENT | 2.00 | $0 | $0 | $0 |
| KAREN G SCHAUFELD | ||||||||
| PO BOX 6266 | LEESBURG | VA | 20178 | SECRETARY | 2.00 | $0 | $0 | $0 |
| RICHARD SCHAUFELD | ||||||||
| PO BOX 6266 | LEESBURG | VA | 20178 | TREASURER | 2.00 | $0 | $0 | $0 |
| CINDY SCHAUFELD | ||||||||
| PO BOX 6266 | LEESBURG | VA | 20178 | SECRETARY | 2.00 | $0 | $0 | $0 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SANDRA B MAHONEY | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1101 NORWALK ST | AddressLine1Txt |
| City | GREENSBORO | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27407 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | EXECUTIVE DIRECTOR | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 40.00 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $157,462 | CompensationAmt |
| Employee Benefits | $0 | EmployeeBenefitsAmt |
| Expense Account | $0 | ExpenseAccountAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $461,093 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $453,905 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $2,444,271 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $3,359,269 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $3,359,269 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $50,389 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $3,308,880 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $165,444 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $165,444 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $766 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $766 | TotalTaxAmt |
| Distributable Before Adj | $164,678 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $164,678 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $164,678 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $3,011,016 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $3,011,016 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $164,678 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $2,078,603 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $2,461,556 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $1,841,963 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $2,547,822 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $3,531,758 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $12,461,702 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $3,011,016 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $164,678 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $2,846,338 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $15,308,040 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $2,078,603 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $13,229,437 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $2,461,556 | ExcessFromYear4Amt |
| Excess From Year3 | $1,841,963 | ExcessFromYear3Amt |
| Excess From Year2 | $2,547,822 | ExcessFromYear2Amt |
| Excess From Year1 | $3,531,758 | ExcessFromYear1Amt |
| Excess From Current Year | $2,846,338 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | FREDRICK D SCHAUFELD | ContributingManagerNm |
| Contributing Manager | KAREN G SCHAUFELD | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (28 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|
| ALL AGES READ TOGETHER (AART) | ||||||||
| 16007 FIRELY HILL LANE | LEESBURG | VA | 20176 | NONE | PC | SUPPORT FOR EDUCATION - SLTE SPONSORSHIP & PROGRAM SUPPORT | $43,693 | |
| CAPITAL HOSPICE | ||||||||
| 2900 TELESTAR COURT | FALLS CHURCH | VA | 22042 | NONE | PC | CAPITAL CARING GALA | $75,000 | |
| CHILDRENS HOSPITAL LOS ANGELES | ||||||||
| 4650 SUNSET BLVD | LOS ANGELES | CA | 90027 | NONE | PC | GOFARR FUNFEST SPONSORSHIP | $15,000 | |
| COMM FOUNDATION FOR LOUDOUN & N FAUQUIER | ||||||||
| 163 FORT EVANS ROAD NE 130 | LEESBURG | VA | 20176 | NONE | PC | SUPPORT FOR OPERATIONS AND PROGRAMS - LOUDOUN IMPACT FUND | $3,000 | |
| COMMUNITY FOUNDATION OF NORTHERN VIRGINIA | ||||||||
| 2940 HUNTER MILL ROAD SUITE 201 | OAKTON | VA | 22124 | NONE | PC | COMMUNITY GRANTS AND SCHOLARSHIPS | $1,000 | |
| CYSTIC FIBROSIS FOUNDATION | ||||||||
| 4550 MONTGOMERY AVE SUITE 1100N | BETHESDA | MD | 20814 | NONE | PC | SUPPORT FOR OPERATIONS AND RESEARCH | $5,000 | |
| DECESARIS-PROUT CANCER FOUNDATION | ||||||||
| PO BOX 6089 | ANNAPOLIS | MD | 21401 | NONE | PC | CANCER RESEARCH | $10,000 | |
| FIGHT FOR CHILDREN | ||||||||
| 1726 M STREET NW SUITE 202 | WASHINGTON | DC | 20036 | NONE | PC | SUPPORT FOR PROGRAMS AND EDUCATION | $50,000 | |
| HALCYON HOUSE | ||||||||
| 3400 PROSPECT STREET NW | WASHINGTON | DC | 20007 | NONE | PC | SUPPORT FOR EMERGING CREATIVES STRIVING FOR A BETTER WORLD | $4,000 | |
| INOVA HEALTH SYSTEMS | ||||||||
| 8110 GATEHOUSE ROAD | FALLS CHURCH | VA | 22042 | NONE | PC | HEALTH CARE | $581,427 | |
| JOHNS HOPKINS MEDICINE | ||||||||
| 5801 SMITH AVENUE MCAULEY HALL STE | BALTIMORE | MD | 21209 | NONE | PC | HEALTH CARE | $1,000,000 | 310 |
| LIFE WITH CANCER | ||||||||
| 8110 GATEHOUSE ROAD | EAST FALLS CHURCH | VA | 22042 | NONE | PC | 2022 GIFT JOAN HISAOKA GALA | $10,000 | |
| LOUDOUN LAURELS FOUNDATION | ||||||||
| PO BOX 183 | LEESBURG | VA | 20178 | NONE | PC | GALA SPONSPORSHIP | $8,350 | |
| MIDDLEBURG FILM FESTIVAL | ||||||||
| PO BOX 1566 | MIDDLEBURG | VA | 20118 | NONE | PC | PERFORMING ARTS | $25,000 | |
| PIEDMONT EPICUREAN AGRICULTURE CENTER | ||||||||
| 15669 LIMESTONE SCHOOL ROAD | LEESBURG | VA | 20176 | NONE | PC | EDUCATION IN AGRICULTURE | $5,000 | |
| UNITED WAY OF LONG ISLAND | ||||||||
| 819 GRAND BOULEVARD 1 | DEER PARK | NY | 11729 | NONE | PC | SCHOLARSHIP | $457,500 | |
| WHITE HOUSE HISTORICAL ASSOCIATION | ||||||||
| 740 JACKSON PL NW | WASHINGTON | DC | 20006 | NONE | PC | PROGRAM SUPPORT | $25,000 | |
| WOLF TRAP FOUNDATION | ||||||||
| 1645 TRAP ROAD | VIENNA | VA | 22182 | NONE | PC | SUPPORT FOR PROGRAMS AND SPONSORSHIPS | $382,143 | |
| ANTI-DEFAMATION LEAGUE | ||||||||
| 605 THIRD AVENUE | NEW YORK | NY | 101583650 | NONE | PC | SUPPORT TO STOP THE DEFAMATION OF JEWISH PEOPLE | $1,000 | |
| JOHN F KENNEDY CENTER FOR THE PERFORMING ARTS | ||||||||
| 2700 F ST NW | WASHINGTON | DC | 20566 | NONE | PC | 2022 SPONSORSHIP - MARK TWAIN PRIZE | $5,504 | |
| LAUREL RIDGE COMMUNITY COLLEGE | ||||||||
| 6480 COLLEGE ST | WARRENTON | VA | 20187 | NONE | PC | EDUCATION | $25,000 | |
| LEAGUE OF WOMEN VOTERS EDUCATION FUND | ||||||||
| 1233 20TH STREET NW SUITE 500 | WASHINGTON | DC | 20036 | NONE | PC | SUPPORT TO REGISTER AND PROVIDE VOTERS WITH ELECTION INFORMATION THROUGH ELECTION RESOURCE VOTE411.ORG | $3,000 | |
| LOVE KK FOUNDATION | ||||||||
| 20456 WINFIELD PLACE | STERLING | VA | 20165 | NONE | PC | SUPPORT FOR PROGRAMS AND OPERATIONS | $3,000 | |
| NORTHERN VIRGINIA ALLIANCE LEAGUE | ||||||||
| PO BOX 5165 | ARLINGTON | VA | 22205 | NONE | PC | AIDING LOCAL NONPROFITS WITH FINANCIAL SUPPORT THROUGH FUNDRAISING ACTIVITIES. | $1,000 | |
| THE V FOUNDATION FOR CANCER RESEARCH | ||||||||
| 14600 WESTERN PARKWAY | CARY | NC | 27513 | NONE | PC | VIRGINIA VINE FUND | $1,000 | |
| VAOURWAY LLC | ||||||||
| PO BOX 6266 | LEESBURG | VA | 20178 | NONE | PC | SUPPORT FOR OPERATIONS | $10,140 | |
| CHURCHILL LIVING | ||||||||
| PO BOX 6266 | LEESBURG | VA | 20178 | NONE | PC | TO SUPPORT OPERATIONS | $21,534 | |
| ROTARY FOUNDATION OF ROTARY INTERNATIONAL | ||||||||
| 14280 COLLECTIONS CENTER DRIVE | CHICAGO | IL | 60693 | NONE | PC | SIR AMUNDHANER DONATION | $500 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $2,772,791 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp (3 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | Address Line2RecipientUSAddress/AddressLine2Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|---|
| JOHNS HOPKINS MEDICINE | ||||||||
| 5801 SMITH AVENUE MCAULEY HALL STE | 310 | BALTIMORE | MD | 21209 | NONE | PC | SUPPORT FOR MEDICAL PROGRAMS AND RESEARCH | $3,000,000 |
| WOLF TRAP FOUNDATION | ||||||||
| 1645 TRAP ROAD | VIENNA | VA | 22182 | NONE | PC | SUPPORT OF EDUCATIONAL PROGRAMS | $1,428,572 | |
| CAPITAL HOSPICE | ||||||||
| 2900 TELESTAR COURT | FALLS CHURCH | VA | 22042 | NONE | PC | CAPITAL CARING GALA | $75,000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $4,503,572 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $33,013 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $3,749 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $92,479 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $129,241 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $129,241 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Contributor Person | FREDRICK D AND KAREN G SCHAUFELD | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 6266 | AddressLine1Txt |
| City | LEESBURG | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 20178 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $1,100,000 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $12,000 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $12,000 | DisbursementsCharitablePrpsAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (3 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| K-1: SWAN & LEGEND FUND 2 | AT COST | $131,672 | $131,672 |
| K-1: PACTOLUS-CRANEMERE SERIES | AT COST | $1,157,259 | $1,157,259 |
| K-1: GLOBAL VOLATILITY VOYAGEUR LP | AT COST | $109,656 | $119,779 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $562 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $562 | DisbursementsCharitablePrpsAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | BOOK/TAX DIFFERENCES | Desc |
| Amt | $996,289 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| BANK FEES | $55 | $0 | $55 |
| INSURANCE | $2,104 | $0 | $2,104 |
| SCHAUFELD SCHOLARSHIP FUND | $33,688 | $0 | $33,688 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| K-1: SWAN & LEGEND FUND II LP | $2,778 | $2,778 | $2,778 |
| K-1: GLOBAL VOLATILITY VOYAGEUR, LP | $971 | $971 | $971 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (5 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| INVESTMENT FEES | $3,699 | $3,699 | $0 |
| K-1: SWAN & LEGEND FUND II LP | $46,538 | $46,538 | $0 |
| K-1: PACTOLUS-CRANEMERE SERIES FUND LLC | $12,110 | $12,110 | $0 |
| K-1: PACTOLUS/G4 CAPITAL PARTNERS FUND III | $5,430 | $5,430 | $0 |
| K-1: GLOBAL VOLATILITY VOYAGEUR, LP | $6,248 | $6,248 | $0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| EXCISE TAXES | $80,000 | $0 | $0 |
| K-1: GLOBAL VOLATILITY VOYAGEUR, LP | $2 | $2 | $0 |
Comments