BETA

PETTERS FAMILY FOUNDATION: Form 990PF, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
PETTERS FAMILY FOUNDATION (EIN 45-2323642)
Tax period
2021-01-01 to 2021-12-31
Filed
2022-05-13
IRS object ID
202201339349100235
Schema version
2021v4.2
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)
Return2022-05-13T08:24:55-05:00ReturnTs
Tax Period End2021-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN540737372PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1PBMARES LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1701 TOWN CENTER DRIVE SUITE 900AddressLine1Txt
CityNEWPORT NEWSCityNm
State AbbreviationVAStateAbbreviationCd
ZIP23606ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2021-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN452323642EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1PETTERS FAMILY FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlPETTBusinessNameControlTxt
Phone7576243175PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1206 HILTON TERRACEAddressLine1Txt
CityNEWPORT NEWSCityNm
State AbbreviationVAStateAbbreviationCd
ZIP23601ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonC MICHAEL PETTERSPersonNm
Person TitleSECRETARY/TREASURERPersonTitleTxt
Phone7576243175PhoneNum
Signature2022-05-12SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstCPersonFirstNm
Person LastMICHAEL PETTERSPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonDAVID J DAMIANI CPAPreparerPersonNm
PTINP00736845PTIN
Phone7578731587PhoneNum
Preparation2022-05-12PreparationDt
Self EmployedYes (X)SelfEmployedInd

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer3TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$52,317,391FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$643,554ContriRcvdRevAndExpnssAmt
Dividends Rev And Expnss$1,181,436DividendsRevAndExpnssAmt
Dividends Net Invst Incm$1,181,436DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss-$326,888NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$681,753GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$0CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss$7,293OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm$7,293OtherIncomeNetInvstIncmAmt
Total Rev And Expnss$1,505,395TotalRevAndExpnssAmt
Total Net Invst Incm$1,188,729TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$0CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm$0CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl$0CompOfcrDirTrstDsbrsChrtblAmt
Legal Fees Rev And Expnss$326LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm$163LegalFeesNetInvstIncmAmt
Legal Fees Dsbrs Chrtbl$163LegalFeesDsbrsChrtblAmt
Accounting Fees Rev And Expnss$10,495AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$5,248AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps$5,248AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss$74,095OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$74,095OtherProfFeesNetInvstIncmAmt
Other Prof Fees Dsbrs Chrtbl$0OtherProfFeesDsbrsChrtblAmt
Taxes Rev And Expnss$9,262TaxesRevAndExpnssAmt
Taxes Net Invst Incm$9,249TaxesNetInvstIncmAmt
Taxes Dsbrs Chrtbl$13TaxesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$94,178TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$88,755TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$5,424TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$1,955,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$1,955,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$2,049,178TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$88,755TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$1,960,424TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$543,783ExcessRevenueOverExpensesAmt
Net Investment Income$1,099,974NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$2,308,381SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$1,521,819SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$1,521,819SavAndTempCashInvstEOYFMVAmt
Rcvbl From Officers BOY$160RcvblFromOfficersBOYAmt
Rcvbl From Officers EOY$160RcvblFromOfficersEOYAmt
Rcvbl From Officers EOYFMV$160RcvblFromOfficersEOYFMVAmt
Corporate Stock BOY$10,468,472CorporateStockBOYAmt
Corporate Stock EOY$10,468,472CorporateStockEOYAmt
Corporate Stock EOYFMV$30,615,463CorporateStockEOYFMVAmt
Other Investments BOY$12,025,830OtherInvestmentsBOYAmt
Other Investments EOY$11,982,016OtherInvestmentsEOYAmt
Other Investments EOYFMV$20,179,949OtherInvestmentsEOYFMVAmt
Total Assets BOY$24,802,843TotalAssetsBOYAmt
Total Assets EOY$23,972,467TotalAssetsEOYAmt
Total Assets EOYFMV$52,317,391TotalAssetsEOYFMVAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$24,802,843NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$23,972,467NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$24,802,843TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$23,972,467TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$24,802,843TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$23,972,467TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$24,802,843TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$543,783ExcessRevenueOverExpensesAmt
Other Increases$0OtherIncreasesAmt
Subtotal$24,259,060SubtotalAmt
Other Decreases$286,593OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$23,972,467TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
PropertyPUBLICLY TRADED SECURITIESPropertyDesc
Gross Sales Price$681,753GrossSalesPriceAmt
Cost Or Other Basis$1,008,641CostOrOtherBasisAmt
Gain Or Loss-$326,888GainOrLossAmt
Gains Minus Excess Or Losses-$326,888GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income-$326,888CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$15,290InvestmentIncomeExciseTaxAmt
Tax Under Section511$0TaxUnderSection511Amt
Subtotal$15,290SubtotalAmt
Subtitle A Tax$0SubtitleATaxAmt
Tax Based On Investment Income$15,290TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$16,824EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce$0ExemptFrgnOrgTaxWthldAtSrceAmt
Extsn Request Income Tax Paid$0ExtsnRequestIncomeTaxPaidAmt
Backup Withholding Withheld$0BackupWithholdingWithheldAmt
Total Payments And Credits$16,824TotalPaymentsAndCreditsAmt
Es Penalty$0EsPenaltyAmt
Overpayment$1,534OverpaymentAmt
Applied To ES Tax$1,534AppliedToESTaxAmt
Refund$0RefundAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political Acty0LegislativePoliticalActyInd
More Than100 Spent0MoreThan100SpentInd
Form1120 POL Filed0Form1120POLFiledInd
Section4955 Organization Tax$0Section4955OrganizationTaxAmt
Section4955 Managers Tax$0Section4955ManagersTaxAmt
Tax Reimbursed$0TaxReimbursedAmt
Activities Not Previously Rpt0ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws0ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc0OrganizationDissolvedEtcInd
Section508e Rqr Satisfied0Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (1)AtLeast5000InAssetsInd
Org Report Or Register StateVAOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (1)Form990PFFiledWithAttyGenInd
Private Operating Foundation0PrivateOperatingFoundationInd
New Substantial ContributorsYes (1)NewSubstantialContributorsInd
Own Controlled Entity0OwnControlledEntityInd
Donor Advised Fund0DonorAdvisedFundInd
Comply With Public Insp RqrYes (1)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1C MICHAEL PETTERSBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone7576243175PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1206 HILTON TERRACEAddressLine1Txt
CityNEWPORT NEWSCityNm
State AbbreviationVAStateAbbreviationCd
ZIP23601ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts Question0ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified Prsn0SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn0BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn0FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn0PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn0TransferAstDisqualifiedPrsnInd
Payment To Government Official0PaymentToGovernmentOfficialInd
Uncorrected Prior Acts0UncorrectedPriorActsInd
Undistributed Income PY0UndistributedIncomePYInd
Business Holdings0BusinessHoldingsInd
Jeopardy Investments0JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst0UncorrectedPYJeopardyInvstInd
Influence Legislation0InfluenceLegislationInd
Influence Election0InfluenceElectionInd
Grants To Individuals0GrantsToIndividualsInd
Grants To Organizations0GrantsToOrganizationsInd
Noncharitable Purpose0NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
C MICHAEL PETTERS
206 HILTON TERRACENEWPORT NEWSVA23601SECRETARY/TREASURER4.00$0$0$0
NANCY B PETTERS
206 HILTON TERRACENEWPORT NEWSVA23601PRESIDENT1.00$0$0$0
SARAH FLETCHER
206 HILTON TERRACENEWPORT NEWSVA23601VICE PRESIDENT1.00$0$0$0
CAROLINE G SAUER
206 HILTON TERRACENEWPORT NEWSVA23601VICE PRESIDENT1.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k0OtherEmployeePaidOver50kCnt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt
Contractor Paid Over50k0ContractorPaidOver50kCnt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$50,785,345AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$2,326,841AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$53,112,186TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$53,112,186AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$796,683CashDeemedCharitableAmt
Net Vl Noncharitable Assets$52,315,503NetVlNoncharitableAssetsAmt
Minimum Investment Return$2,615,775MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$2,615,775MinimumInvestmentReturnAmt
Tax Based On Investment Income$15,290TaxBasedOnInvestmentIncomeAmt
Total Tax$15,290TotalTaxAmt
Distributable Before Adj$2,600,485DistributableBeforeAdjAmt
Recoveries Qualfied Distri$0RecoveriesQualfiedDistriAmt
Distributable Before Ded$2,600,485DistributableBeforeDedAmt
Deduction From Distributable$0DeductionFromDistributableAmt
Distributable As Adjusted$2,600,485DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$1,960,424ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Qualifying Distributions$1,960,424QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$2,600,485DistributableAsAdjustedAmt
Undistributed Income PY$1,618,591UndistributedIncomePYAmt
Total For Prior Years$0TotalForPriorYearsAmt
Total Excess Distribution Cyov$0TotalExcessDistributionCyovAmt
Qualifying Distributions$1,960,424QualifyingDistributionsAmt
Applied To Year1$1,618,591AppliedToYear1Amt
Applied To Prior Years$0AppliedToPriorYearsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$341,833AppliedToCurrentYearAmt
Remaining Distri From Corpus$0RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus$0ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$0ExcessDistributionCyovAppCYAmt
Total Corpus$0TotalCorpusAmt
Prior Year Undistributed Incm$0PriorYearUndistributedIncmAmt
Prior Year Deficiency Or Tax$0PriorYearDeficiencyOrTaxAmt
Taxable1$0Taxable1Amt
Taxable2$0Taxable2Amt
Undistributed Income CY$2,258,652UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3$0CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov From Yr5$0ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$0ExcessDistriCyovToNextYrAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerNANCY B PETTERSContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (13 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmtAddress Line2RecipientUSAddress/AddressLine2Txt
BEARINGS BIKE SHOP
982 MURPHY AVENUE SWATLANTAGA30310NONE501 (C)(3) ORGANIZATCAPITAL AND OPERATIONAL SUPPORT$100,000
BOYS & GIRLS CLUBS OF THE VIRGINIA PENINSULA
11825 ROCK LANDING DRIVE CHESAPEAKENEWPORT NEWSVA23606NONE501 (C)(3) ORGANIZATGENERAL SUPPORT$100,000BLDG
COLLEGE OF WILLIAM & MARY FOUNDATION
PO BOX 1693WILLIAMSBURGVA23187NONE501 (C)(3) ORGANIZATSPONSORSHIP OF CAMP LAUNCH PROGRAM AND GENERAL SUPPORT$1,000,000
DOWNTOWN HAMPTON CHILD DEVELOPMENT CENTER
1306 THOMAS STREETHAMPTONVA23669NONE501 (C)(3) ORGANIZATGENERAL SUPPORT FOR LOW INCOME EARLY CHILDHOOD EDUCATION$30,000
EDMARC HOSPICE FOR CHILDREN
516 LONDON STREETPORTSMOUTHVA23704NONE501 (C)(3) ORGANIZATGENERAL SUPPORT$2,500
HILTON PRESBYTERIAN CHURCH PRESCHOOL
34 MAIN STREETNEWPORT NEWSVA23601NONE501 (C)(3) ORGANIZATHILTON PRESBYTERIAN PRESCHOOL MINISTRY$2,500
JESUIT HIGH SCHOOL
4701 N HIMES AVENUETAMPAFL33614NONE501 (C)(3) ORGANIZATGENERAL SUPPORT$100,000
SOUNDSCAPES
11712 JEFFERSON AVENUE SUITE C 473NEWPORT NEWSVA23602NONE501 (C)(3) ORGANIZATGENERAL SUPPORT$65,000
THE FAISON CENTER
1701 BYRD AVENUERICHMONDVA23230NONE501 (C)(3) ORGANIZATGENERAL SUPPORT$5,000
THE MARINER'S MUSEUM AND PARK
100 MUSEUM DRIVENEWPORT NEWSVA23606NONE501 (C)(3) ORGANIZATGENERAL SUPPORT$100,000
TOUGALOO COLLEGE
500 COUNTY LINE ROADTOUGALOOMS39174NONE501 (C)(3) ORGANIZATGENERAL SUPPORT$50,000
US NAVAL ACADEMY FOUNDATION
291 WOOD ROAD BEACH HALLANNAPOLISMD21402NONE501 (C)(3) ORGANIZATSUPPORT OF NAVAL ACADEMY ANNUAL FUND, STEM AND MINORITY OUTREACH FOR ADMISSIONS.$200,000
VIRGINIA FOUNDATION FOR COMMUNITY COLLEGE EDUCATION
300 ARBORETUM PLACE SUITE 200RICHMONDVA23236NONE501 (C)(3) ORGANIZATGENERAL SUPPORT$200,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$1,955,000TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut$0TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$1,181,436ExclusionAmt

Other Investment Income OtherInvestmentIncomeGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$7,293ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion-$326,888ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Unrelated Business Taxbl Incm$0UnrelatedBusinessTaxblIncmAmt
Exclusion$861,841ExclusionAmt
Related Or Exempt Function Incm$0RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$861,841TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO0TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO0TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets0SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO0PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets0RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements0ReimbursementArrangementsInd
Loans Or Loan Guarantees0LoansOrLoanGuaranteesInd
Performance Of Services Etc0PerformanceOfServicesEtcInd
Sharing Of Facilities Etc0SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO0RelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum
Contributor PersonNANCY B PETTERS REVOCABLE TRUSTContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1206 HILTON TERRACEAddressLine1Txt
CityNEWPORT NEWSCityNm
State AbbreviationVAStateAbbreviationCd
ZIP23601ZIPCd
FieldValueIRS element (for citing)
Total Contributions$643,554TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd
Noncash ContributionYes (X)NoncashContributionInd

Non Cash Property Contribution NonCashPropertyContributionGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum
Noncash Property2,706 SHS VANGUARD TOTAL STOCK MARKET ETFNoncashPropertyDesc
Fair Market Value$643,554FairMarketValueAmt
Received2021-12-22ReceivedDt

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryACCOUNTINGCategoryTxt
Amt$10,495Amt
Net Investment Income$5,248NetInvestmentIncomeAmt
Disbursements Charitable Prps$5,248DisbursementsCharitablePrpsAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockHUNTINGTON INGALLSStockNm
EOY Book Value$10,468,472EOYBookValueAmt
EOYFMV$30,615,463EOYFMVAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (19 entries)

Category Or ItemCategoryOrItemTxtListed At Cost Or FMVListedAtCostOrFMVCdBook ValueBookValueAmtEOYFMVEOYFMVAmt
AMERICAN FD EUROPACIFICAT COST$375,000$620,177
AMG YACKTMAN FOCUSED SERVICE FUNDAT COST$420,227$445,678
DODGE & COX INTERNATIONAL STOCK FUNDAT COST$1,534,263$1,686,957
DOUBLELINE TOTAL RETURN BOND FUNDAT COST$904,975$858,199
INVESCO S&P 500 LOWAT COST$1,414,460$3,035,917
ISHARES INTLAT COST$75,084$72,213
ISHARES MSCI EAF MIN VOLAT COST$510,649$614,160
ISHARES RUSSELL MID CAPAT COST$324,837$980,182
ISHR MSCI EMERG MKT MIN VOLAT COST$201,153$213,588
SPDR S&P INTERNATIONALAT COST$14,692$22,700
SWAN DEFINED RISK FUNDAT COST$200,000$272,710
VANGUARD FTSE EMERGINGAT COST$544,470$628,637
VANGUARD SHORT INF PROT SEC INDEXAT COST$607,866$600,969
VANGUARD SHORT TERM TRSYAT COST$500,000$495,764
VANGUARD SMALL CAP EITFAT COST$316,563$884,603
VANGUARD TOTAL STOCK MARKETAT COST$1,300,000$2,961,834
VANGUARD TOTAL STOCK ETFAT COST$587,777$1,481,717
VANGUARD VALUE INDEXAT COST$750,000$1,212,880
VANGUARD 500 INDEX FUNDAT COST$1,400,000$3,091,064

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

FieldValueIRS element (for citing)
CategoryLEGALCategoryTxt
Legal Fees$326LegalFeesAmt
Net Investment Income$163NetInvestmentIncomeAmt
Disbursements Charitable Prps$163DisbursementsCharitablePrpsAmt

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

FieldValueIRS element (for citing)
DescBASIS ADJUSTMENT FOR DONATED STOCKDesc
Amt$286,593Amt

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (3 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmt
RIDGEWOOD ENERGY V FUND$1,316$1,316$1,316
RIDGEWOOD ENERGY A-1 FUND, LLC$4,924$4,924$4,924
RIDGEWOOD ENERGY U FUND$1,053$1,053$1,053

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryINVESTMENT FEESCategoryTxt
Amt$74,095Amt
Net Investment Income$74,095NetInvestmentIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Substantial Contributors Sch SubstantialContributorsSch

Substantial Contributor Detail SubstantialContributorDetail (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCd
NANCY B PETTERS
206 HILTON TERRACENEWPORT NEWSVA23601
CLEMENT M PETTERS
206 HILTON TERRACENEWPORT NEWSVA23601

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
FOREIGN TAXES$9,237$9,237$0
TAXES AND LICENSES$25$12$13

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