THEOSOPHICAL INVESTMENT TRUST: Form 990, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
THEOSOPHICAL INVESTMENT TRUST (EIN 36-6054362)
Tax period
2020-04-01 to 2021-03-31
Filed
2022-02-14
IRS object ID
202200459349301635
Schema version
2020v4.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2022-02-14T11:17:23-06:00ReturnTs
Tax Period End2021-03-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN410746749PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CLIFTONLARSONALLEN LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11301 WEST 22ND STREET SUITE 1100AddressLine1Txt
CityOAK BROOKCityNm
State AbbreviationILStateAbbreviationCd
ZIP60523ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2020-04-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN366054362EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THEOSOPHICAL INVESTMENT TRUSTBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlTHEOBusinessNameControlTxt
Phone6306681571PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 270AddressLine1Txt
CityWHEATONCityNm
State AbbreviationILStateAbbreviationCd
ZIP60187ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonFLOYD KETTERINGPersonNm
Person TitleSECRETARYPersonTitleTxt
Phone6306681571PhoneNum
Signature2022-02-10SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstFLOYDPersonFirstNm
Person LastKETTERINGPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonTHOMAS G ANDREWSPreparerPersonNm
PTINP00095596PTIN
Phone6305738600PhoneNum
Preparation2022-02-10PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerFLOYD KETTERINGPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 270AddressLine1Txt
CityWHEATONCityNm
State AbbreviationILStateAbbreviationCd
ZIP60187ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$282,526GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.THEOSOPHICAL.ORGWebsiteAddressTxt
Type Of Organization OtherYes (X)TypeOfOrganizationOtherInd
Formation1955FormationYr
Legal Domicile StateILLegalDomicileStateCd
Activity Or MissionTHEOSOPHICAL INVESTMENT TRUST WAS ESTABLISHED FOR THE BENEFIT OF THE THEOSOPHICAL SOCIETY IN AMERICA, AN ILLINOIS NONPROFIT CORPORATION (#36-2167934). THE TRUST RECEIVES AND HOLDS PROPERTY AND INVESTS MONIES SOLELY IN THE INTEREST OF THE SOCIETY. INCOME DERIVED FROM THE TRUST IS PAID AT LEAST ANNUALLY TO THE SOCIETY FOR GENERAL PURPOSES.ActivityOrMissionDesc
Voting Members Governing Body7VotingMembersGoverningBodyCnt
Voting Members Independent5VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$406,774PYInvestmentIncomeAmt
CY Investment Income$282,526CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$406,774PYTotalRevenueAmt
CY Total Revenue$282,526CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$149,705PYOtherExpensesAmt
CY Other Expenses$143,632CYOtherExpensesAmt
PY Total Expenses$149,705PYTotalExpensesAmt
CY Total Expenses$143,632CYTotalExpensesAmt
PY Revenues Less Expenses$257,069PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$138,894CYRevenuesLessExpensesAmt
Total Assets BOY$15,051,195TotalAssetsBOYAmt
Total Assets EOY$20,398,592TotalAssetsEOYAmt
Total Liabilities BOY$15,051,195TotalLiabilitiesBOYAmt
Total Liabilities EOY$20,398,592TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$0NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$0NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHEOSOPHICAL INVESTMENT TRUST WAS ESTABLISHED FOR THE BENEFIT OF THE THEOSOPHICAL SOCIETY IN AMERICA, AN ILLINOIS NONPROFIT CORPORATION (#36-2167934). THE TRUST RECEIVES AND HOLDS PROPERTY AND INVESTS MONIES SOLELY IN THE INTEREST OF THE SOCIETY. INCOME DERIVED FROM THE TRUST IS PAID AT LEAST ANNUALLY TO THE SOCIETY FOR GENERAL PURPOSES.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$143,632ExpenseAmt
DescINVESTMENT AND MANAGEMENT OF FUNDS FOR THE BENEFIT OF THE THEOSOPHICAL SOCIETY IN AMERICA (#36-2167934).Desc
Total Program Service Expenses$143,632TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
Info In Schedule O Part VYes (X)InfoInScheduleOPartVInd
IRP Document16IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members7GoverningBodyVotingMembersCnt
Independent Voting Member5IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn Body0Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc0RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MR PAUL THOMPSONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6306681571PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 270AddressLine1Txt
CityWHEATONCityNm
State AbbreviationILStateAbbreviationCd
ZIP60189ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (7 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtOfficerOfficerInd
GURU PRASAD
TRUSTEE2.00Yes (X)$0$0$0
BARBARA HEBERT
TSA PRESIDENT / TRUSTEE1.00Yes (X)$0$56,693$1,46140.00Yes (X)
SUSANNA ROBINSON
TRUSTEE2.00Yes (X)$0$0$0
JAY KERN
CHAIR / TRUSTEE2.00Yes (X)$0$0$0Yes (X)
KATHRYN GANN
TSA VICE PRESIDENT / TRUST2.00Yes (X)$0$0$02.00Yes (X)
FLOYD KETTERING
VICE-CHAIR / SECRETARY1.00Yes (X)$0$18,000$020.00Yes (X)
LYNN GILLILAND
TRUSTEE2.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$74,693TotReportableCompRltdOrgAmt
Total Other Compensation$1,461TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1NORTHERN TRUSTBusinessNameLine1Txt

Contractor Address ContractorAddress

US Address USAddress

FieldValueIRS element (for citing)
Address Line150 S LA SALLE STREETAddressLine1Txt
CityCHICAGOCityNm
State AbbreviationILStateAbbreviationCd
ZIP60603ZIPCd
FieldValueIRS element (for citing)
ServicesINVESTMENT MANAGEMENTServicesDesc
Compensation$120,632CompensationAmt
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K1CntrctRcvdGreaterThan100KCnt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$282,526TotalRevenueColumnAmt
Exclusion$282,526ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$282,526TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$282,526ExclusionAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$23,000TotalAmt
Program Services$23,000ProgramServicesAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$120,632TotalAmt
Program Services$120,632ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$143,632TotalAmt
Program Services$143,632ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$1,000BOYAmt
EOY$1,000EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$619,414BOYAmt
EOY$572,190EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$14,405,553BOYAmt
EOY$19,806,921EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$25,228BOYAmt
EOY$18,481EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$15,051,195BOYAmt
EOY$20,398,592EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$25,228BOYAmt
EOY$18,481EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$154,987BOYAmt
EOY$110,767EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$14,870,980BOYAmt
EOY$20,269,344EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$15,051,195BOYAmt
EOY$20,398,592EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$15,051,195BOYAmt
EOY$20,398,592EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$138,894ReconcilationRevenueExpnssAmt
Other Changes In Net Assets-$138,894OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Supporting Organization509a3Yes (X)SupportingOrganization509a3Ind
Supporting Org Type1Yes (X)SupportingOrgType1Ind
Supported Organizations1SupportedOrganizationsCnt

Supported Org Information SupportedOrgInformationGrp

Supported Organization Name SupportedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1THE THEOSOPHICAL SOCIETY IN AMERICABusinessNameLine1Txt
FieldValueIRS element (for citing)
EIN362167934EIN
Organization Type10OrganizationTypeCd
Governing Document ListedYes (1)GoverningDocumentListedInd
Support$138,894SupportAmt
Other Support$0OtherSupportAmt
FieldValueIRS element (for citing)
Supported Organizations Total1SupportedOrganizationsTotalCnt
Support Sum$138,894SupportSumAmt
Other Support Sum$0OtherSupportSumAmt

Form990 Sch A Supporting Org Form990SchASupportingOrgGrp

FieldValueIRS element (for citing)
Listed By Name Governing DocYes (1)ListedByNameGoverningDocInd
Suprt Org No IRS Determination0SuprtOrgNoIRSDeterminationInd
Supported Org Section C4560SupportedOrgSectionC456Ind
Supported Org Not Organized US0SupportedOrgNotOrganizedUSInd
Organization Change Suprt Org0OrganizationChangeSuprtOrgInd
Support Non Supported Org0SupportNonSupportedOrgInd
Payment Substantial Contribtr0PaymentSubstantialContribtrInd
Loan Disqualified Person0LoanDisqualifiedPersonInd
Controlled Disqualified Prsn0ControlledDisqualifiedPrsnInd
Disqualified Prsn Controll Int0DisqualifiedPrsnControllIntInd
Disqualified Prsn Ownr Int0DisqualifiedPrsnOwnrIntInd
Excess Business Holdings Rules0ExcessBusinessHoldingsRulesInd
Contribution Controller0ContributionControllerInd
Contribution Family0ContributionFamilyInd
Contribution35 Controlled0Contribution35ControlledInd

Form990 Sch A Type1 Suprt Org Form990SchAType1SuprtOrgGrp

FieldValueIRS element (for citing)
Power Appoint Majority Dir Trst0PowerAppointMajorityDirTrstInd
Operate Benefit Non Suprt Org0OperateBenefitNonSuprtOrgInd

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferencePART IV. SECTION B. LINE 1:FormAndLineReferenceDesc
ExplanationTHEOSOPHICAL INVESTMENT TRUST MEETS THE REQUIREMENTS OF A TYPE I SUPPORTING ORGANIZATION WITHIN THE MEANING OF SECTION 509(A)(3)(A) UNDER REG. SEC. 1.509(A)-4 SUPPORTING ORGANIZATIONS BY SATISFYING THE ORGANIZATIONAL TEST, OPERATIONAL TEST, AND RELATIONSHIP TEST. FURTHERMORE, IT IS NOT CONTROLLED BY A DISQUALIFIED PERSON. THESE MATTERS ARE SUMMARIZED AS FOLLOWS: ORGANIZATIONAL TEST: THE TRUST IS ORGANIZED EXCLUSIVELY FOR THE BENEFIT OF ITS SUPPORTED ORGANIZATION, THE THEOSOPHICAL SOCIETY IN AMERICA (THE SOCIETY), AS IS DOCUMENTED IN THE TRUST'S ARTICLES OF ORGANIZATION (ITS BY-LAWS). FROM ARTICLE I WITHIN THESE BY-LAWS, "THIS TRUST IS ESTABLISHED FOR THE BENEFIT OF THE THEOSOPHICAL SOCIETY IN AMERICA, AN ILLINOIS CORPORATION, AND FOR THE BENEFIT OF ANY SUCCESSOR." AS DEFINED IN THE BY-LAWS, THE PURPOSES OF THE TRUST ARE LIMITED TO THE PAYMENT OF THE ENTIRE NET INCOME OF THE TRUST TO THE SOCIETY FOR ITS GENERAL PURPOSES; THE PAYMENT OF ANY PART OF OR ALL OF THE TRUST PRINCIPAL TO THE SOCIETY FOR EITHER ITS GENERAL PURPOSES...OR ANY SPECIFIC PURPOSE OF SAID SOCIETY. THE BY-LAWS NOR ANY OTHER ARTICLES OF ORGANIZATION DO NOT EXPRESSLY EMPOWER THE TRUST TO ENGAGE IN ACTIVITIES NOT IN FURTHERANCE OF THE SOCIETY'S BENEFIT. OPERATIONAL TEST: THE TRUST OPERATES EXCLUSIVELY FOR THE BENEFIT OF THE SOCIETY AND ENGAGES SOLELY IN ACTIVITIES WHICH BENEFIT THE SOCIETY. THE TRUST'S SOLE PURPOSE IS TO HOLD AND INVEST THE FINANCIAL ASSETS OF THE SOCIETY AND RETURN THE INCOME GENERATED FROM THIS ACTIVITY TO THE SOCIETY. RELATIONSHIP TEST: THE TRUST IS OPERATED, SUPERVISED OR CONTROLLED BY THE SOCIETY DEFINING IT AS A TYPE I SUPPORTING ORGANIZATION. THE RELATIONSHIP BETWEEN THE TWO ORGANIZATIONS IS DEFINED BY THE PRESENCE OF A SUBSTANTIAL DEGREE OF DIRECTION FROM THE SOCIETY. AS IS STIPULATED IN THE TRUST BY-LAWS - OF THE SEVEN TRUSTEES, THREE OF THE TRUSTEES SHALL BE THE NATIONAL PRESIDENT, NATIONAL VICE-PRESIDENT, AND NATIONAL TREASURER OF THE SOCIETY. FOR THE REMAINING FOUR TRUSTEES, AT LEAST TWO OF THEM MUST BE MEMBERS IN GOOD STANDING OF THE SOCIETY. THE APPROVAL OF THE SOCIETY BOARD OF DIRECTORS IS REQUIRED FOR THE FOUR NON-OFFICERS OF THE TRUST. ALL OF THESE REQUIREMENTS PROVIDE THE SOCIETY WITH A MAJORITY INTEREST IN THE BOARD OF THE TRUST THROUGH A COMBINATION OF SOCIETY BOARD MEMBERS AND SOCIETY MEMBERSHIP MEMBERS. CONTROL BY DISQUALIFIED PERSONS: THE TRUST IS NOT CONTROLLED DIRECTLY OR INDIRECTLY BY ONE OR MORE DISQUALIFIED PERSONS AS DEFINED IN SECTION 4946. THE TRUST DOES NOT RECEIVE CONTRIBUTIONS OR RECOGNIZE CONTRIBUTION REVENUES. CONSEQUENTLY, THERE ARE NO SUBSTANTIAL CONTRIBUTORS TO THE TRUST THAT WOULD BE CONSIDERED DISQUALIFIED PERSONS EXERCISING DIRECT CONTROL OVER THE TRUST.ExplanationTxt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
ANNUITY OBLIGATION UNDER JENNIFER SNYDER TRUST FUND$170,100
DUE TO THEOSOPHICAL SOCIETY IN AMERICA$20,099,244
FieldValueIRS element (for citing)
Total Liability$20,269,344TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$161,894TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$161,894RevenueSubtotalAmt
Investment Expenses Not Incld$120,632InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt$120,632RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$282,526TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$23,000TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$23,000ExpensesSubtotalAmt
Investment Expenses Not Incld2$120,632InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt$120,632ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$143,632TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationTHE TRUST HAS ADOPTED THE REQUIREMENTS FOR ACCOUNTING FOR UNCERTAIN TAX POSITIONS. THE TRUST HAS DETERMINED THAT IT IS NOT REQUIRED TO RECORD A LIABILITY RELATED TO UNCERTAIN TAX POSITIONS FOR THE YEAR ENDED MARCH 31, 2021. THE TRUST FILES A RETURN IN THE U.S. FEDERAL JURISDICTION.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART V, LINE 5C:THE THEOSOPHICAL INVESTMENT TRUST WAS ESTABLISHED FOR THE BENEFIT OF THE THEOSOPHICAL SOCIETY IN AMERICA (#36-2167934). UNDER GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, TRANSFERS OF ASSETS TO A NOT-FOR-PROFIT ORGANIZATION OR CHARTIABLE TRUST THAT RAISES OR HOLDS CONTRIBUTIONS FOR OTHERS, THE TRUST AND SOCIETY ARE CONSIDERED TO BE FINANCIALLY INTERRELATED ORGANIZATIONS. THEREFORE, ALL AMOUNTS HELD BY THE TRUST ARE LIABILITIES DUE TO THE SOCIETY. THE SOCIETY, IN TURN, REFLECTS ITS BENEFICIAL INTEREST IN THE AMOUNTS DUE FROM THE TRUST AS AN ASSET.
FORM 990, PART VI, SECTION B, LINE 11BTHE 990 IS FIRST REVIEWED BY THE ORGANIZATION'S SECRETARY AND IS THEN SUBMITTED FOR REVIEW BY THE ORGANIZATION'S AUDIT COMMITTEE.
FORM 990, PART VI, SECTION B, LINE 15FORM 990, PART V, LINE 2A THE THEOSOPHICAL INVESTMENT TRUST DOES NOT HAVE ANY PAID OFFICERS OR EMPLOYEES.
FORM 990, PART VI, SECTION C, LINE 18THE ORGANIZATION WILL MAKE A COPY OF THESE DOCUMENTS AVAILABLE UPON REQUEST.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION WILL MAKE A COPY OF THESE DOCUMENTS AVAILABLE UPON REQUEST.
FORM 990, PART XI, LINE 9:OTHER CHANGES IN VALUE OF AMOUNT DUE TO THEOSOPHICAL SOCIETY IN AMERICA -138,894.
FORM 990, PART XII, LINE 2CTHE ORGANIZATION'S AUDIT COMMITTEE ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1THE THEOSOPHICAL SOCIETY IN AMERICABusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 270AddressLine1Txt
CityWHEATONCityNm
State AbbreviationILStateAbbreviationCd
ZIP60187ZIPCd
FieldValueIRS element (for citing)
EIN362167934EIN
Primary ActivitiesENCOURAGE OPEN-MINDED INQUIRY OF WORLD RELIGIONS, PHILOSOPHY, AND SCIENCE.PrimaryActivitiesTxt
Legal Domicile StateILLegalDomicileStateCd
Exempt Code Section501(C)(3)ExemptCodeSectionTxt
Public Charity StatusLINE 10PublicCharityStatusTxt
Direct Controlling NAN/ADirectControllingNACd
Controlled Organization0ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other OrgYes (1)TransferToOtherOrgInd
Transfer From Other OrgYes (1)TransferFromOtherOrgInd

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