2022-05-08T09:25:02-05:00 2020-12-31 FOUNDATION SOURCE ONE HOLLOW LN STE 212 LAKE SUCCESS NY 11042 990PF 2020-01-03 844207653 The Overflow Family Foundation % Foundation Source OVER 8008391754 Foundation Source 501 Silverside Rd Wilmington DE 198091377 Joanna Lucas President 8008391754 2022-05-06 true Joanna Lucas 999009999 Jeffrey D Haskell P01345770 8008391754 2020 2022-09-23 18:48:47Z X X X X 338900 X 310033 16 16 4328 4328 5322 27090 5322 319699 9666 0 12243 12243 12243 0 12243 44250 44250 56493 0 56493 263206 9666 5313 5313 257893 333587 0 263206 338900 0 0 X 263206 0 263206 0 263206 0 263206 263206 263206 Publicly-traded Securities 27090 21768 5322 5322 5322 134 134 134 0 0 134 false false false false false false true 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 Julia Eutsey Foundation Source 501 Silverside Rd Wilmington DE 198091377 Dir 1.0 0 0 0 Matt Eutsey Foundation Source 501 Silverside Rd Wilmington DE 198091377 Dir 1.0 0 0 0 Jeremy D Lucas Foundation Source 501 Silverside Rd Wilmington DE 198091377 Dir 1.0 0 0 0 Jim Lucas Foundation Source 501 Silverside Rd Wilmington DE 198091377 Dir 1.0 0 0 0 Joanna Lucas Foundation Source 501 Silverside Rd Wilmington DE 198091377 Dir, Pres, Sec, Treas 1.0 0 0 0 Joel Lucas Foundation Source 501 Silverside Rd Wilmington DE 198091377 Dir 1.0 0 0 0 Melissa Lucas Foundation Source 501 Silverside Rd Wilmington DE 198091377 Dir 1.0 0 0 0 Sarita Lucas Foundation Source 501 Silverside Rd Wilmington DE 198091377 Dir 1.0 0 0 0 229881 6888 0 236769 0 236769 3552 233217 11597 11597 134 134 11463 11463 11463 56493 0 0 0 0 56493 0 56493 11463 2018 2017 2016 56493 11463 45030 45030 0 45030 45030 Joanna Lucas X A Ivey 21259 Frontage Rd Lot 52 Iowa LA 70647 NONE I Short-term Emergency Assistance Grant 500 BLACK ROCK RETREAT 1345 KIRKWOOD PIKE QUARRYVILLE PA 17566 N/A PC General & Unrestricted 3500 H Charron 3616 Monroe St Lake Charles LA 70607 NONE I Short-term Emergency Assistance Grant 750 J Singleton 3981 Swanee St Lake Charles LA 70607 NONE I Short-term Emergency Assistance Grant 750 JACK AND JILL OF AMERICA FOUNDATION INC 1930 17TH ST NW WASHINGTON DC 20009 N/A PC General & Unrestricted 1750 LEBANON COUNTY CHRISTIAN MINISTRIES 250 S 7TH ST LEBANON PA 17042 N/A PC funding areas of need not covered by other programs that will move people out of homelessness or keep them from becoming homeless 5000 MT HOPE NAZARENE RETIREMENT COMMUNITY 3026 MOUNT HOPE HOME RD MANHEIM PA 17545 N/A PC General & Unrestricted 1750 MT HOPE NAZARENE RETIREMENT COMMUNITY 3026 MOUNT HOPE HOME RD MANHEIM PA 17545 N/A PC Capital Campaign 10000 OAKDALE CHRISTIAN ACADEMY INC 5801 BEATTYVILLE RD JACKSON KY 41339 N/A PC General & Unrestricted 7000 R Charron 3616 Monroe St Lake Charles LA 70607 NONE I Short-term Emergency Assistance Grant 750 SECOND HARVEST FOOD BANK OF CENTRAL FLORIDA INC 411 MERCY DR ORLANDO FL 32805 N/A PC General & Unrestricted 1750 TEEN CHALLENGE TRAINING CENTER INC 33 TEEN CHALLENGE RD REHRERSBURG PA 19550 N/A PC General & Unrestricted 1750 YOUTH WITH A MISSION GREATER PHILADELPHIA INC 7500 GERMANTOWN AVE PHILADELPHIA PA 19119 N/A PC General & Unrestricted 6500 YOUTH WITH A MISSION LEBANON PA PO BOX 480 LEBANON PA 17042 N/A PC funds for purchasing a mobile sound system for street ministry 2500 44250 14 16 14 4328 18 5322 9666 9666 false false false false false false false false false false X X 1 Lucas Joanna 109 Forry Drive Ephrata PA 17522 310033 X X 1 FIDELITY FOUR IN ONE INDEX FFNOX, 2306 sh. 100057 2020-04-28 1 FIDELITY 500 INDEX FUND FXAIX, 1753 sh. 174125 2020-04-28 FIDELITY 500 INDEX FUND 170198 222494 FIDELITY FOUR IN ONE INDEX 87695 111093 As explained below, the Foundation has no plans for dissolution. This statement is submitted to report the distribution of certain assets during the year. The distributions resulted in a substantial contraction of assets. The following information is submitted in accordance with Treasury Regulation Section 1.6043-3(a)(1) and the Form 990-PF instructions: Typically, a finding of a substantial contraction of assets is made by reference to the fair market value of a foundation's net assets on the first day of its calendar year. However, the taxable year ending December 31, 2020 was the year in which the Foundation received its initial endowment and the finding of a substantial contraction in this case was made by reference to the fair market value of the Foundation's assets on the date that it received its initial endowment. Accordingly, the degree of contraction of the Foundation's net assets may have been exaggerated. During the taxable year ending December 31, 2020, the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled $44,250. This amount represents 25% or more of the Foundation's net assets of $10,000 (as measured by fair market value) on the day that the Foundation received its initial endowment in the Foundation's taxable year ending December 31, 2020. Although the Foundation technically experienced a substantial contraction, it will continue in existence and has no plans for dissolution. The Foundation made distributions of cash to the grantees listed in the attachment to Part XV, Line 3a; each such grant was made solely for the charitable purpose specified therein. Administrative Fees 5743 5743 Administrative Set-Up Fee 5400 5400 Delaware Incorporation Fees 500 500 IRS Application Fees 600 600 The Overflow Family Foundation (EIN: 84-4207653) 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 June 1, 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'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. Lucas Joanna 109 Forry Drive Ephrata PA 17522 Lucas James 109 Forry Drive Ephrata PA 17522