2022-01-10T13:17:52-06:00 2020-12-31 NEW YORK-HURRICANE IDA Foundation Source One Hollow Ln Ste 212 Lake Success NY 11042 990PF 2020-11-18 854039336 Lee Family Foundation % Foundation Source LEEF 8008391754 Foundation Source 501 Silverside Rd Wilmington DE 198091377 ADRIAN VOGT PRESIDENT 8008391754 2021-12-26 true ADRIAN VOGT 999009999 Jeffrey D Haskell P01345770 8008391754 2020 2022-09-23 18:48:47Z X X X 255802 X 261372 1 1 0 261373 1 0 6500 6500 6500 0 6500 0 0 6500 0 6500 254873 1 3501 3501 251372 252301 0 254873 255802 0 0 X 254873 0 254873 0 254873 0 254873 254873 254873 0 0 0 0 0 0 false false false false false false false true true DE true false true false false true Foundation Source 8008391754 501 Silverside Road Suite 123 Wilmington DE 198091377 false false false false false false false false false false false false false false false false false false false false false Adrian Michael Vogt Foundation Source 501 Silverside Rd Wilmington DE 198091377 Dir, Pres, Sec, Treas 1.0 0 0 0 Cynthia Quinn Vogt Foundation Source 501 Silverside Rd Wilmington DE 198091377 Dir 1.0 0 0 0 126151 875 0 127026 0 127026 1905 125121 752 752 0 0 752 752 752 6500 0 0 0 0 6500 0 6500 752 2018 2017 2016 6500 752 5748 5748 0 5748 5748 NONE X 14 1 1 1 false false false false false false false false false false X X 1 Cynthia Quinn Vogt TrustUA DTD 2 42 De Sabla Road San Mateo CA 94402 251372 X 2 Vogt Living Trust c/o Adrian Vogt 42 De Sabla Road San Mateo CA 94402 10000 X 1 ISHARES RUSSELL 1000 INDEX FD IWB, 1191 sh. 251372 2020-12-28 ISHARES RUSSELL 1000 INDEX FD 251372 252301 Administrative Set-Up Fee 5400 5400 Delaware Incorporation Fees 500 500 IRS Application Fees 600 600 Lee Family Foundation (EIN: 85-4039336) respectfully requests abatement of any penalties for late filing of Form 990-PF for taxable year ending December 31, 2020 because the delay was inadvertent, unintended, and due to reasonable causes. Treasury Regulations Section 301.6651-1(c)(1) defines reasonable cause by asking whether the taxpayer exercised ordinary business care and prudence. The Foundation exercised care and prudence in seeking a reputable firm knowledgeable about exempt organizations to prepare its Form 990-PF for tax period ending 12/31/2020. The Foundation's 2020 Form 990-PF was timely filed on April 27, 2021. The return was originally mailed to the IRS, but was returned along with a notice instructing the Foundation to submit the return electronically. The Foundation's administrator advised the Foundation to submit the return for paper filing initially because at the time the return was filed, the foundation's exempt application was still pending and the IRS does not have the capability to accept e-filed returns for exempt organizations where tax exempt status is still pending. The foundation has since received their federal tax exempt status, and the foundation's administrator is now submitting the return via e-file, and the delay in filing Form 990-PF for the taxable year ending 2020 is no fault or willful neglect of the foundation. According to the standards set forth in Rev. Proc. 92-85, we believe the Foundation's actions were reasonable and in good faith. These administrative actions were in no way an intentional disregard of the IRS rules and therefore entitled to abatement of any penalty. The organization acted in good faith in complying with the filing deadline and in rectifying the situation as soon as it was known. Therefore, we again request that no penalty be assessed for late filing. Cynthia Quinn Vogt Trust UA DTD 2 42 De Sabla Road San Mateo CA 94402 Vogt Living Trust c/o Adrian Vogt 42 De Sabla Road San Mateo CA 94402