MIAMI VALLEY RESEARCH FOUNDATION: Form 990PF, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- MIAMI VALLEY RESEARCH FOUNDATION (EIN 31-0996772)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-11-16
- IRS object ID
- 202343209349100039
- 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
- Accounting Fees Schedule
- All Oth Prog Rltd Investments Sch
- General Explanation Attachment
- Legal Fees Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Increases Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-11-16T09:54:37-06:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 351476702 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BRADY WARE & SCHOENFELD INC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3601 RIGBY ROAD SUITE 400 | AddressLine1Txt |
| City | DAYTON | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 45342 | 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 | 310996772 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MIAMI VALLEY RESEARCH FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MIAM | BusinessNameControlTxt |
| Phone | 9372525906 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3155 RESEARCH BLVD | AddressLine1Txt |
| City | DAYTON | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 45420 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CHARLIE GILES | PersonNm |
| Person Title | PRESDIENT/CEO | PersonTitleTxt |
| Phone | 9372525906 | PhoneNum |
| Signature | 2023-11-16 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | CHARLIE | PersonFirstNm |
| Person Last | GILES | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | THOMAS J GMEINER CPA | PreparerPersonNm |
| PTIN | P00197565 | PTIN |
| Phone | 9372235247 | PhoneNum |
| Preparation | 2023-11-16 | 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) |
|---|---|---|
| Initial Return Former Pub Chrty | Yes (X) | InitialReturnFormerPubChrtyInd |
| Organization501c3 Taxable PF | Yes (X) | Organization501c3TaxablePFInd |
| FMV Assets EOY | $5,686,058 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $31,797 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $31,797 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $31,797 | DividendsAdjNetIncmAmt |
| Gross Rents Rev And Expnss | $92,210 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $92,210 | GrossRentsNetInvstIncmAmt |
| Gross Rents Adj Net Incm | $92,210 | GrossRentsAdjNetIncmAmt |
| Net Rental Income Or Loss | $92,210 | NetRentalIncomeOrLossAmt |
| Net Gain Sale Ast Rev And Expnss | $1,199,518 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $2,618,340 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $1,199,518 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $1,323,525 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,323,525 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $124,007 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $41,207 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $41,207 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $41,207 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $5,771 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $5,771 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Adj Net Incm | $5,771 | PensionEmplBnftAdjNetIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $0 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $5,526 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $5,526 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $5,526 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $0 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $23,216 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $22,989 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $22,989 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $74,534 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $34,492 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $34,492 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $1,758 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $1,758 | DeprecAndDpltnNetInvstIncmAmt |
| Deprec And Dpltn Adj Net Incm | $1,758 | DeprecAndDpltnAdjNetIncmAmt |
| Occupancy Rev And Expnss | $6,480 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $6,480 | OccupancyNetInvstIncmAmt |
| Occupancy Adj Net Incm | $6,480 | OccupancyAdjNetIncmAmt |
| Occupancy Dsbrs Chrtbl | $0 | OccupancyDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $18,272 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $18,257 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $18,257 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $176,764 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $136,480 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $136,480 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $3,150,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $3,150,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $3,326,764 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $136,480 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $136,480 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $3,150,000 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$2,003,239 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,187,045 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $67,957 | CashBOYAmt |
| Cash EOY | $271,918 | CashEOYAmt |
| Cash EOYFMV | $271,918 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $1,607,985 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $3,928,338 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $3,928,338 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $199,042 | AcctRcvblAmt |
| Acct Rcvbl BOY | $235,663 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $199,042 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $199,042 | AcctRcvblEOYFMVAmt |
| Prepaid Expenses BOY | $2,655 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $2,960 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $2,960 | PrepaidExpensesEOYFMVAmt |
| Invst Land Cost Or Other Basis | $1,129,521 | InvstLandCostOrOtherBasisAmt |
| Land Bldg Investments BOY | $3,299,914 | LandBldgInvestmentsBOYAmt |
| Land Bldg Investments EOY | $1,129,521 | LandBldgInvestmentsEOYAmt |
| Land Bldg Investments EOYFMV | $1,283,800 | LandBldgInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $56,756 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $56,756 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $1,758 | LandBOYAmt |
| Land EOY | $0 | LandEOYAmt |
| Land EOYFMV | $0 | LandEOYFMVAmt |
| Total Assets BOY | $5,215,932 | TotalAssetsBOYAmt |
| Total Assets EOY | $5,531,779 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $5,686,058 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $48,657 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $56,531 | AccountsPayableEOYAmt |
| Total Liabilities BOY | $48,657 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $56,531 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $5,167,275 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $5,475,248 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $5,167,275 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $5,475,248 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $5,215,932 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $5,531,779 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $5,167,275 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$2,003,239 | ExcessRevenueOverExpensesAmt |
| Other Increases | $3,150,000 | OtherIncreasesAmt |
| Subtotal | $6,314,036 | SubtotalAmt |
| Other Decreases | $838,788 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $5,475,248 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (4 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| SALE OF 100 ACRES | P | 1983-06-01 | 2022-04-25 | $1,000,000 | $220,346 | $779,654 | $779,654 |
| SALE OF 47.584 ACRES | P | 1983-07-27 | 2022-09-06 | $475,840 | $424,419 | $51,421 | $51,421 |
| SALE OF 10.177 ACRES | P | 1983-07-27 | 2022-11-17 | $100,000 | $104,414 | -$4,414 | -$4,414 |
| SALE OF 69.4681 ACRES | P | 1983-02-07 | 2022-12-21 | $1,042,500 | $669,643 | $372,857 | $372,857 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $1,199,518 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $0 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $16,500 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $16,500 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $16,500 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $15,508 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $18,500 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $34,008 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $27 | EsPenaltyAmt |
| Overpayment | $17,481 | OverpaymentAmt |
| Applied To ES Tax | $5,000 | AppliedToESTaxAmt |
| Refund | $12,481 | 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 | 0 | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | OH | 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 | WWW.THERESEARCHPARK.COM | WebsiteAddressTxt |
| Individual With Books | CHARLIE GILES | IndividualWithBooksNm |
| Phone | 9372525906 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3155 RESEARCH BLVD | AddressLine1Txt |
| City | DAYTON | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 45420 | 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 (8 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 |
|---|---|---|---|---|---|---|---|---|
| CHARLES E GILES | ||||||||
| 3155 RESEARCH BLVD | DAYTON | OH | 45420 | PRESIDENT/CEO | 40.00 | $67,900 | $0 | $0 |
| STEVEN L JOHNSON | ||||||||
| 3155 RESEARCH BLVD | DAYTON | OH | 45420 | CHAIRMAN | 1.00 | $0 | $0 | $0 |
| RICHARD OMLOR | ||||||||
| 3155 RESEARCH BLVD | DAYTON | OH | 45420 | TRUSTEE | 1.00 | $0 | $0 | $0 |
| COLLEEN M RYAN | ||||||||
| 3155 RESEARCH BLVD | DAYTON | OH | 45420 | SECRETARY | 1.00 | $0 | $0 | $0 |
| ERIC SPINA | ||||||||
| 3155 RESEARCH BLVD | DAYTON | OH | 45420 | TREASURER | 1.00 | $0 | $0 | $0 |
| SUSAN EDWARDS | ||||||||
| 3155 RESEARCH BLVD | DAYTON | OH | 45420 | TRUSTEE | 1.00 | $0 | $0 | $0 |
| MICHAEL BARHORST | ||||||||
| 3155 RESEARCH BLVD | DAYTON | OH | 45420 | TRUSTEE | 1.00 | $0 | $0 | $0 |
| GREGORY SAMPLE | ||||||||
| 3155 RESEARCH BLVD | DAYTON | OH | 45420 | TRUSTEE | 1.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | BARGAIN SALE OF LAND TO CITY OF BEAVERCREEK | Description1Txt |
| Expenses1 | $3,150,000 | Expenses1Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| All Other Program Rltd Invst Tot | $0 | AllOtherProgramRltdInvstTotAmt |
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $0 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $2,578,594 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $1,485,802 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $4,064,396 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $4,064,396 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $60,966 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $4,003,430 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $200,172 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $200,172 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $16,500 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $16,500 | TotalTaxAmt |
| Distributable Before Adj | $183,672 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $183,672 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $183,672 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $3,150,000 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $3,150,000 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $183,672 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $540,941 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $3,150,000 | QualifyingDistributionsAmt |
| Applied To Year1 | $540,941 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $183,672 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $2,425,387 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $2,425,387 | 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 | $2,425,387 | ExcessDistriCyovToNextYrAmt |
| Excess From Current Year | $2,425,387 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CITY OF BEAVERCREEK | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1368 RESEARCH PARK DRIVE | AddressLine1Txt |
| City | BEAVERCREEK | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 45432 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Foundation Status | GOV | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | BARGAIN SALE OF LAND TO THE CITY OF BEAVERCREEK FOR PUBLIC IMPROVEMENTS TO ENHANCE THE OVERALL COMMUNITY | GrantOrContributionPurposeTxt |
| Amt | $3,150,000 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $3,150,000 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Program Service Revenue Dtl ProgramServiceRevenueDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | RESEARCH PARK RENTALS | Desc |
| Exclusion | 16 | ExclusionCd |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $31,797 | ExclusionAmt |
Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 16 | ExclusionCd |
| Exclusion | $92,210 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $1,199,518 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $1,323,525 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,323,525 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Line Number | 1A | LineNumberTxt |
| Relationship Statement | ECONOMIC DEVELOPMENT OF THE MIAMI VALLEY RESEARCH PARK ARE ATTRIBUTABLE TO BUILDINGS WHICH ARE LEASED BY TECHNOLOGY ENTITIES, THEREFORE FOSTERING AND PROMOTING RESEARCH, TECHNOLOGICAL, SCIENTIFIC, AND EDUCATIONAL ACTIVITIES AND TO CREATE AND PRESERVE JOBS AND EMPLOYMENT OPPORTUNITIES TO IMPROVE THE ECONOMIC WELFARE OF THE GREATER DAYTON AREA. THE FOUNDATION IS IN A WIND UP PHASE AND ITS REMAINING PURPOSES, BESIDES THOSE LISTED ABOVE, ARE TO SUPPORT THE RESEARCH PARK AREA AND MAXIMIZE THE VALUE THAT WILL INURE TO THE BENEFIT OF THE REMAINDER BENEFICIARIES IN ITS ORGANIZATIONAL DOCUMENTS. THESE INCLUDE WRIGHT STATE UNIVERSITY, UNIVERSITY OF DAYTON AND SINCLAIR COMMUNITY COLLEGE | RelationshipStatementTxt |
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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| ACCOUNTING FEES | $11,314 | $11,314 | $11,314 | $0 |
| AUDIT FEES | $11,675 | $11,675 | $11,675 | $0 |
| RETIREMENT | $227 | $0 | $0 | $0 |
All Oth Prog Rltd Investments Sch AllOthProgRltdInvestmentsSch
All Other Program Related Invst AllOtherProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | NONE | Desc |
| Amt | $0 | Amt |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp (2 entries)
| IdentifierIdentifierTxt | Form And Line ReferenceFormAndLineReferenceDesc | Medium ExplanationMediumExplanationTxt |
|---|---|---|
| COMPENSATION DISCLOSURE | 990 PART VII | OFFICER COMPENSATION ON PART VII INCLUDES AMOUNTS ALLOCATE TO AFFILATEDORGANIZATION, SIMILAR TO DISCLOSURES ON A REGULAR 990. AMOUNT ALLOCATEDTO THIS TAXPAYER IS 38950. |
| REASONS FOR CHECKED BOXES ON ITEM G | 990 PF | THE TAXPAYER HAS BEEN FILING AS A FORMER PUBLIC CHARITY SINCE 2020. HOWEVER, THE IRS DATA BASE DID NOT GET CHANGED UNTIL 2022, SO BOX G IS BEING MARKED AS THE INITIAL RETURN, IN ORDER TO BE ABLE TO EFILE. THIS IS ACTUALLY THE THIRD YEAR FILING AS A PRIVATE FOUNDATION. |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $5,526 | LegalFeesAmt |
| Net Investment Income | $5,526 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $5,526 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| PERIOD PERIOD ADJUSTMENTS | $170,967 |
| BARGAIN SALE PORTION OF COST BASIS ADJUSTMENT | $667,821 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (10 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| PAYROLL SERVICE FEES | $2,133 | $2,133 | $2,133 | $0 |
| CONSULTANTS | $8,339 | $8,339 | $8,339 | $0 |
| OFFICE EXPENSES | $1,178 | $1,178 | $1,178 | $0 |
| MISCELLANEOUS | $15 | $0 | $0 | $0 |
| IT SERVICE | $497 | $497 | $497 | $0 |
| COMMUNICATIONS | $3,206 | $3,206 | $3,206 | $0 |
| MEALS AND ENTERTAINMENT | $205 | $205 | $205 | $0 |
| DUES | $1,205 | $1,205 | $1,205 | $0 |
| MAINTENANCE | $1,419 | $1,419 | $1,419 | $0 |
| CONFERENCES | $75 | $75 | $75 | $0 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DONATION - BARGAIN SALE | Desc |
| Amt | $3,150,000 | Amt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| PROPERTY TAXES | $34,492 | $34,492 | $34,492 | $0 |
| OTHER TAXES | $40,042 | $0 | $0 | $0 |
Comments