ADAMES FOUNDATION: Form 990PF, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- ADAMES FOUNDATION (EIN 84-3265498)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-11-15
- IRS object ID
- 202333199349108768
- 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
- Expenditure Responsibility Stmt
- Expln Of Non Filing With AG Stmt
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-11-15T17:35:46-06:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 331197384 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ANDERSEN TAX LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 NORTH CLEMATIS STREET SUITE 110 | AddressLine1Txt |
| City | WEST PALM BEACH | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33401 | 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 | 843265498 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE ADAMES FOUNDATION | BusinessNameLine1Txt |
| Business Name Line2 | C/O INTENTIONAL PHILANTHROPY LLC | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ADAM | BusinessNameControlTxt |
| Phone | 3017614433 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4801 HAMPDEN LANE 106 | AddressLine1Txt |
| City | BETHESDA | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 20814 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | REBEKAH ALFOND | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 3017614433 | PhoneNum |
| Signature | 2023-11-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | REBEKAH | PersonFirstNm |
| Person Last | ALFOND | 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 | LINDSEY GERLOCK | PreparerPersonNm |
| PTIN | P01253608 | PTIN |
| Phone | 5618056550 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | 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 | $9,080,931 | FMVAssetsEOYAmt |
| Method Of Accounting Other | Yes (X) | MethodOfAccountingOtherInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $250,000 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $1,957 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $1,957 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $89,342 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $89,342 | DividendsNetInvstIncmAmt |
| Gross Rents Rev And Expnss | $5,300 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $5,300 | GrossRentsNetInvstIncmAmt |
| Net Rental Income Or Loss | $5,300 | NetRentalIncomeOrLossAmt |
| Net Gain Sale Ast Rev And Expnss | -$89,773 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $4,075,002 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $256,826 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $96,599 | 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 |
| Legal Fees Rev And Expnss | $65 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $65 | LegalFeesDsbrsChrtblAmt |
| Other Prof Fees Rev And Expnss | $58,283 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $22,283 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $36,000 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $14,754 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $654 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $12,526 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $12,526 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $85,628 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $22,937 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $48,591 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $475,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $475,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $560,628 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $22,937 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $523,591 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$303,802 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $73,662 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $321,667 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $72,042 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $72,042 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $3,639,705 | CorporateStockBOYAmt |
| Corporate Stock EOY | $1,580,130 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $1,580,130 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $7,965,375 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $4,628,734 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $4,628,734 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $2,800,025 | LandBldgEquipCostOrOtherBssAmt |
| Land BOY | $0 | LandBOYAmt |
| Land EOY | $2,800,025 | LandEOYAmt |
| Land EOYFMV | $2,800,025 | LandEOYFMVAmt |
| Other Assets BOY | $0 | OtherAssetsBOYAmt |
| Other Assets EOY | $98 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $0 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $11,926,747 | TotalAssetsBOYAmt |
| Total Assets EOY | $9,081,029 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $9,080,931 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $11,926,747 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $9,081,029 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $11,926,747 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $9,081,029 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $11,926,747 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $9,081,029 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $11,926,747 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$303,802 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $11,622,945 | SubtotalAmt |
| Other Decreases | $2,541,916 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $9,081,029 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES | P | $734,524 | $877,926 | -$143,402 | -$143,402 |
| PUBLICLY TRADED SECURITIES | P | $3,340,465 | $3,286,849 | $53,616 | $53,616 |
| CAPITAL GAIN DISTRIBUTION | P | $13 | $13 | $13 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$89,773 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $1,024 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $1,024 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $1,024 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $10,445 | 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 | $10,445 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $9,421 | OverpaymentAmt |
| Applied To ES Tax | $9,421 | 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 | 0 | 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 |
| Individual With Books | INTENTIONAL PHILANTHROPY LLC | IndividualWithBooksNm |
| Phone | 3017614433 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4801 HAMPDEN LANE SUITE 106 | AddressLine1Txt |
| City | BETHESDA | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 20814 | 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 | Yes (1) | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| 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 | Yes (1) | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | 0 | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | Yes (1) | MaintainedExpenditureRspnsInd |
| 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | REBEKAH A ALFOND | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4801 HAMPDEN LANE SUITE 106 | AddressLine1Txt |
| City | BETHESDA | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 20814 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | DIRECTOR, PRESIDENT & SECRETARY | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 1.00 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $0 | CompensationAmt |
| Employee Benefit Program | $0 | EmployeeBenefitProgramAmt |
| Expense Account Other Allwnc | $0 | ExpenseAccountOtherAllwncAmt |
| 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 |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | ON OCTOBER 25, 2022, THE FOUNDATION PURCHASED A PROPERTY LOCATED AT 7310 GEORGIA AVENUE, WEST PALM BEACH, FLORIDA 33401. THE PROPERTY IS UNDERGOING RENOVATIONS AND WILL BE USED TO PROVIDE ACCESS TO GOLF AND GOLF TRAINING FOR UNDERPRIVILEGED CHILDREN AND ADULTS. | Description1Txt |
| Expenses1 | $0 | Expenses1Amt |
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 | $9,033,483 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $123,677 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $9,157,160 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $9,157,160 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $137,357 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $9,019,803 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $450,990 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $450,990 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $1,024 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $1,024 | TotalTaxAmt |
| Distributable Before Adj | $449,966 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $449,966 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $449,966 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $523,591 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $523,591 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $449,966 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr3 | $13,570 | ExcessDistributionCyovYr3Amt |
| Total Excess Distribution Cyov | $13,570 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $523,591 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $449,966 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $73,625 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $87,195 | 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 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $87,195 | ExcessDistriCyovToNextYrAmt |
| Excess From Year3 | $13,570 | ExcessFromYear3Amt |
| Excess From Current Year | $73,625 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (7 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| WEST PALM GOLF COMMUNITY TRUST INC | ||||||
| 3535 MILITARY TRL STE 101 | JUPITER | FL | 33458 | PC | WEST PALM GOLF PARK | $250,000 |
| JANE STERN DORADO COMMUNITY LIBRARY | ||||||
| CALLE MENDEZ VIGO 331 | DORADO | PR | 00646 | PC | ENDOWMENT TRUST | $10,000 |
| BOYS & GIRLS CLUB OF PUERTO RICO | ||||||
| 501 AVE ROBERTO H TODD | SAN JUAN | PR | 00907 | PC | LEGACY COUNCIL | $50,000 |
| FUNDACION CORTES INC | ||||||
| PO BOX 363626 | SAN JUAN | PR | 00936 | PC | 10TH YEAR ANNIVERSARY | $10,000 |
| RAIN AND ROSE CHARITABLE FUND | ||||||
| 3207 PLANTATION VILLAGE | DORADO | PR | 00646 | PF | CHARITABLE INITIATIVES | $50,000 |
| TOP 10 FOUNDATION | ||||||
| 777 BRICKELL AVE STE 1210 | MIAMI | FL | 33131 | PC | GENERAL OPERATING SUPPORT | $5,000 |
| RAIN AND ROSE CHARITABLE FUND LLC | ||||||
| 3207 PLANTATION VLG | DORADO | PR | 00646 | PF | SUPPORT OF FIRST TEE CHARITABLE INITIATIVE | $100,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $475,000 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,957 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $89,342 | ExclusionAmt |
Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 16 | ExclusionCd |
| Exclusion | $5,300 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$89,773 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $6,826 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $6,826 | 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 Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | REBEKAH ALFOND | BusinessNameLine1Txt |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4801 HAMPDEN LANE SUITE 106 | AddressLine1Txt |
| City | BETHESDA | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 20814 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $250,000 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Expenditure Responsibility Stmt ExpenditureResponsibilityStmt
Expenditure Responsibility ExpenditureResponsibilityGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | GrantGrantDt | GrantGrantAmt | Purpose Of GrantPurposeOfGrantTxt | Expended By GranteeExpendedByGranteeAmt | Any Diversion By GranteeAnyDiversionByGranteeTxt | Dates Of Reports By GranteeDatesOfReportsByGranteeTxt | Results Of VerificationResultsOfVerificationTxt |
|---|---|---|---|---|---|---|---|---|---|---|
| RAIN AND ROSE CHARITABLE FUND LLC | ||||||||||
| 3207 PLANTATION VLG | DORADO | PR | 00646 | 2021-12-02 | $100,000 | SUPPORT OF FIRST TEE CHARITABLE INITIATIVE | $100,000 | NO | 12/07/2022 | THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORT WAS MADE. |
| RAIN AND ROSE CHARITABLE FUND LLC | ||||||||||
| 3207 PLANTATION VLG | DORADO | PR | 00646 | 2022-09-16 | $25,000 | SUPPORT OF CHARITABLE INITIATIVES | $25,000 | NO | 12/07/2022 | THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORT WAS MADE. |
| RAIN AND ROSE CHARITABLE FUND LLC | ||||||||||
| 3207 PLANTATION VLG | DORADO | PR | 00646 | 2022-10-28 | $25,000 | SUPPORT OF CHARITBLE INITATIVES | $25,000 | 12/07/2022 | THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORT WAS MADE. | |
Expln Of Non Filing With AG Stmt ExplnOfNonFilingWithAGStmt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | THE FOUNDATION IS NOT REQUIRED TO FILE A COPY OF THE FEDERAL FORM 990 PF WITH THE DELAWARE ATTORNEY GENERAL BECAUSE THE FOUNDATION DID NOT HAVE ACTIVITIES CONDUCTED IN THE STATE OF DELAWARE DURING 2022. | ExplanationTxt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (88 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| ADVANCE AUTO PARTS | $4,704 | $4,704 |
| ALPHABET INC CLASS C | $51,019 | $51,019 |
| AMAZON.COM INC | $31,500 | $31,500 |
| AMEREN CORP | $24,453 | $24,453 |
| AMERICAN TOWER CORP | $19,914 | $19,914 |
| AMERISOURCE BERGEN CORP | $21,542 | $21,542 |
| AMPHENOL CORP | $15,608 | $15,608 |
| ANTA SPORTS PRODUCTS LTD | $17,050 | $17,050 |
| AON PLC | $16,207 | $16,207 |
| APPLE INC | $70,162 | $70,162 |
| APTIV PLC | $8,847 | $8,847 |
| ASM INTERNATIONAL NV | $6,283 | $6,283 |
| ASML HOLDING | $18,807 | $18,807 |
| ASPEN TECHNOLOGY | $2,875 | $2,875 |
| AVANTOR INC | $8,372 | $8,372 |
| BANK OF AMERICA CORP | $35,107 | $35,107 |
| BJ'S WHOLESALE CLUB HOLDIN | $11,644 | $11,644 |
| BLACKSTONE INC | $9,273 | $9,273 |
| BROOKFIELD ASSET MANAGEMEN | $6,134 | $6,134 |
| BURLINGTON STORES INC | $12,976 | $12,976 |
| CANADIAN PACIFIC RAILWAY | $7,457 | $7,457 |
| CARLISLE COS | $14,610 | $14,610 |
| CDW CORP/DE | $13,393 | $13,393 |
| CHAMPIONX CORP | $4,812 | $4,812 |
| CONOCOPHILLIPS | $31,860 | $31,860 |
| CONSUMER STAPLES INDEX FD | $10,064 | $10,064 |
| COOPER COS INC | $15,541 | $15,541 |
| COPART INC | $41,405 | $41,405 |
| COSTCO WHSL CORP NEW (COST) | $6,847 | $6,847 |
| DANAHER CORP | $20,702 | $20,702 |
| DOLLAR GENERAL CORP | $15,513 | $15,513 |
| DOLLARAMA INC | $17,490 | $17,490 |
| DOMINOS PIZZA | $8,313 | $8,313 |
| EATON CORP PLC | $18,049 | $18,049 |
| EQUIFAX INC | $15,548 | $15,548 |
| EXPEDIA GROUP INC | $8,584 | $8,584 |
| HEALTH CARE SELECT SPDR | $10,868 | $10,868 |
| HEICO CORPORATION | $6,145 | $6,145 |
| HILTON WORLDWIDE HOLDINGS | $16,426 | $16,426 |
| HOWMET AEROSPACE INC | $21,872 | $21,872 |
| IAA INC | $14,440 | $14,440 |
| IQVIA HOLDINGS INC | $21,513 | $21,513 |
| ISHARES CHINA LRGE-CAP ETF | $8,065 | $8,065 |
| JPMORGAN CHASE & CO | $5,737 | $5,737 |
| JPMORGAN CHASE & CO | $29,502 | $29,502 |
| KEYSIGHT TECHNOLOGIES INC | $10,606 | $10,606 |
| LAB CORP OF AMER HLDGS NEW | $8,006 | $8,006 |
| LI NING CO LTD | $7,166 | $7,166 |
| LINCOLN ELEC HLDG | $15,171 | $15,171 |
| LVMH MOET HENNESSY VUITTON | $21,755 | $21,755 |
| MERCADOLIBRE INC | $10,154 | $10,154 |
| META PLATFORMS INC | $10,228 | $10,228 |
| MICROSOFT CORP | $90,891 | $90,891 |
| MOTOROLA SOLUTIONS INC | $22,678 | $22,678 |
| NASDAQ INC. | $13,987 | $13,987 |
| NEXTERA ENERGY INC | $13,376 | $13,376 |
| NICE LTD ADR | $10,576 | $10,576 |
| NORTHROP GRUMMAN CORP | $23,461 | $23,461 |
| NVIDIA CORP | $13,152 | $13,152 |
| ORACLE CORP | $17,982 | $17,982 |
| PAYCOM SOFTWARE INC | $7,757 | $7,757 |
| PEPSICO INC | $27,099 | $27,099 |
| PIONEER NATURAL RESOURCES | $14,845 | $14,845 |
| PROLOGIS INC | $20,291 | $20,291 |
| S&P 500 DEP RCPTS | $11,855 | $11,855 |
| S&P GLOBAL INC. | $23,780 | $23,780 |
| SAIA INC COM | $6,290 | $6,290 |
| SCHLUMBERGER LTD | $26,195 | $26,195 |
| SCHWAB CHARLES CORP NEW | $24,978 | $24,978 |
| SERVICENOW INC | $10,095 | $10,095 |
| SMITH A O CORP | $10,188 | $10,188 |
| STERIS PLC | $12,743 | $12,743 |
| SYNOPSYS INC | $9,897 | $9,897 |
| TAKE-2 INTERACTIVE | $17,702 | $17,702 |
| TELEFLEX INC | $12,481 | $12,481 |
| TEXAS INSTRUMENTS INC | $23,130 | $23,130 |
| THERMO FISHER SCIENTIFIC | $22,578 | $22,578 |
| TRADEWEB MARKETS INC | $5,713 | $5,713 |
| TRANSUNION | $9,080 | $9,080 |
| UNION PACIFIC CORP | $16,151 | $16,151 |
| UNITEDHEALTH GROUP INC | $45,065 | $45,065 |
| US FOODS HOLDING CORP | $17,384 | $17,384 |
| VISA INC | $52,978 | $52,978 |
| VULCAN MATERIALS | $29,768 | $29,768 |
| WALMART INC | $19,850 | $19,850 |
| WEX INC | $9,819 | $9,819 |
| WILLSCOT MOBILE MINI HOLDI | $7,678 | $7,678 |
| ZOETIS INC | $18,318 | $18,318 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (5 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| OW CREDIT INCOME FUND | FMV | $268,833 | $268,833 |
| OW FIXED INCOME FUND | FMV | $697,215 | $697,215 |
| OW LARGE CAP STRATEGIES FD | FMV | $2,445,236 | $2,445,236 |
| OW SMALL & MIDCAP STRAT FD | FMV | $897,591 | $897,591 |
| SEMILLERO OFFSHORE | FMV | $319,859 | $319,859 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $65 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $65 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ACCRUED INCOME | Desc |
| EOY Book Value | $98 | EOYBookValueAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED GAIN/LOSS ON INVESTMENTS | Desc |
| Amt | $2,541,916 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (6 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| INSURANCE | $750 | $0 | $750 |
| MEMBERSHIP DUES | $10,795 | $0 | $10,795 |
| REGISTRATION AND FILING FEES | $260 | $0 | $260 |
| CUSTODY FEES | $97 | $0 | $97 |
| WIRE FEES | $15 | $0 | $15 |
| UTILITIES | $609 | $0 | $609 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| INVESTMENT MANAGEMENT FEES | $22,283 | $22,283 | $0 |
| FOUNDATION MANAGEMENT FEES | $36,000 | $0 | $36,000 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FEDERAL EXCISE TAX | $14,100 | $0 | $0 |
| FOREIGN WITHHOLDING TAX | $654 | $654 | $0 |
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