THE BURNAP FOUNDATION INC: Form 990PF, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- THE BURNAP FOUNDATION INC (EIN 31-1475728)
- Tax period
- 2021-05-01 to 2022-04-30
- Filed
- 2022-06-02
- IRS object ID
- 202201539349100705
- Schema version
- 2021v4.1
- 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
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Land Etc Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-06-02T08:01:22-07:00 | ReturnTs |
| Tax Period End | 2022-04-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 271794167 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SCHNEIDER KONHAUZER & ASSOCIATES | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 150 S UNIVERSITY DR SUITE A | AddressLine1Txt |
| City | PLANTATION | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33324 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2021-05-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 311475728 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE BURNAP FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | BURN | BusinessNameControlTxt |
| Phone | 5617340440 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 740 HI MOUNT ROAD | AddressLine1Txt |
| City | PALM BEACH | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33480 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | BARTLETT BURNAP | PersonNm |
| Person Title | DIRECTOR | PersonTitleTxt |
| Phone | 5617340440 | PhoneNum |
| Signature | 2022-06-02 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | BARTLETT | PersonFirstNm |
| Person Last | BURNAP | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | PAUL F SCHNEIDER | PreparerPersonNm |
| PTIN | P00216467 | PTIN |
| Phone | 9544748889 | PhoneNum |
| Preparation | 2022-05-18 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Federated Assurance Level | FAL1 | FederatedAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Change | Yes (X) | AddressChangeInd |
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $20,795,800 | 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 | $449,711 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $449,711 | DividendsNetInvstIncmAmt |
| Cap Gain Net Incm Net Invst Incm | $409,414 | CapGainNetIncmNetInvstIncmAmt |
| Gross Profit Rev And Expnss | $0 | GrossProfitRevAndExpnssAmt |
| Other Income Rev And Expnss | $121,365 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $121,365 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $571,076 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $980,490 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $78,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $39,000 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $39,000 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $41,806 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $4,181 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $37,625 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $16,150 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $1,615 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $14,535 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $21,692 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $2,169 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $19,523 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $121,351 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $121,351 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $6,505 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $650 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $5,855 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $0 | DeprecAndDpltnRevAndExpnssAmt |
| Occupancy Rev And Expnss | $28,995 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $2,900 | OccupancyNetInvstIncmAmt |
| Occupancy Dsbrs Chrtbl | $26,095 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $1,000 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $100 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $900 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $21,625 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $2,164 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $19,761 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $337,124 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $174,130 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $163,294 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $474,400 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $0 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $811,524 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $174,130 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $163,294 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$240,448 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $806,360 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $14,733 | CashBOYAmt |
| Cash EOY | $26,954 | CashEOYAmt |
| Cash EOYFMV | $26,954 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $181,310 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $575,973 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $575,973 | SavAndTempCashInvstEOYFMVAmt |
| Rcvbl From Officers EOY | $0 | RcvblFromOfficersEOYAmt |
| Other Nts And Loans Rcvbl EOY | $0 | OtherNtsAndLoansRcvblEOYAmt |
| Corporate Stock BOY | $6,229,020 | CorporateStockBOYAmt |
| Corporate Stock EOY | $6,071,425 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $20,000,354 | CorporateStockEOYFMVAmt |
| Land Bldg Investments EOY | $0 | LandBldgInvestmentsEOYAmt |
| Other Investments BOY | $173,000 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $173,000 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $173,000 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $15,767 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $15,767 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $178 | LandBOYAmt |
| Land EOY | $0 | LandEOYAmt |
| Land EOYFMV | $15,767 | LandEOYFMVAmt |
| Other Assets BOY | $1,789 | OtherAssetsBOYAmt |
| Other Assets EOY | $3,752 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $3,752 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $6,600,030 | TotalAssetsBOYAmt |
| Total Assets EOY | $6,851,104 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $20,795,800 | TotalAssetsEOYFMVAmt |
| Loans From Officers EOY | $0 | LoansFromOfficersEOYAmt |
| Mortgages And Notes Payable EOY | $0 | MortgagesAndNotesPayableEOYAmt |
| Other Liabilities BOY | $92,693 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $174,801 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $92,693 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $174,801 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $6,507,337 | RetainedEarningBOYAmt |
| Retained Earning EOY | $6,676,303 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $6,507,337 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $6,676,303 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $6,600,030 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $6,851,104 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $6,507,337 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$240,448 | ExcessRevenueOverExpensesAmt |
| Other Increases | $409,414 | OtherIncreasesAmt |
| Subtotal | $6,676,303 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $6,676,303 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (7 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | DepreciationDepreciationAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | FMV As Of123169FMVAsOf123169Amt | Adjusted Basis As Of123169AdjustedBasisAsOf123169Amt | Excess FMV Over Adjusted BssExcessFMVOverAdjustedBssAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|
| LOCKHEED MARTIN CORP | P | 2012-08-30 | 2021-05-03 | $76,744 | $0 | $18,215 | $58,529 | $0 | $0 | $0 | $58,529 |
| OTIS WORLDWIDE CORP | P | 2006-10-16 | 2021-12-21 | $117,413 | $0 | $48,446 | $68,967 | $0 | $0 | $0 | $68,967 |
| OTIS WORLDWIDE CORP | P | 2008-04-15 | 2021-12-21 | $50,320 | $0 | $21,667 | $28,653 | $0 | $0 | $0 | $28,653 |
| CARRIER GLOBAL CORP | P | 2006-10-16 | 2022-03-09 | $124,921 | $0 | $35,248 | $89,673 | $0 | $0 | $0 | $89,673 |
| CARRIER GLOBAL CORP | P | 2008-04-15 | 2022-03-09 | $53,538 | $0 | $15,765 | $37,773 | $0 | $0 | $0 | $37,773 |
| TJX COS INC NEW | P | 2010-03-17 | 2022-03-22 | $152,845 | $0 | $27,026 | $125,819 | $0 | $0 | $0 | $125,819 |
| DISCOVERY INC COM | P | 2009-08-07 | 2022-04-11 | $8 | $0 | $8 | $0 | $0 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $409,414 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $11,208 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $11,208 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $11,208 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $3,752 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $3,752 | TotalPaymentsAndCreditsAmt |
| Original Return Tax Paid | $3,752 | OriginalReturnTaxPaidAmt |
| Tax Due | $7,456 | TaxDueAmt |
| Applied To ES Tax | $0 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | BARTLETT BURNAP | IndividualWithBooksNm |
| Phone | 5616592212 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 740 HI MOUNT ROAD | AddressLine1Txt |
| City | PALM BEACH | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33480 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Undistr Incm Sect4942a2 Not App | false | UndistrIncmSect4942a2NotAppInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 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 |
|---|---|---|---|---|---|---|---|---|
| BARTLETT BURNAP | ||||||||
| 231 BRADLEY PLACE | PALM BEACH | FL | 33480 | PRESIDENT | 10.00 | $18,000 | $0 | $0 |
| WILLIAM BULLIS ESQ | ||||||||
| 11999 SAN VINCENTE BLVD | LOS ANGELES | CA | 90049 | VICE PRESIDENT | 0.00 | $0 | $0 | $0 |
| CHRISTIANE BURNAP | ||||||||
| 234 BRADLEY PLACE | PALM BEACH | FL | 33480 | DIRECTOR | 10.00 | $30,000 | $0 | $0 |
| IAN BURNAP | ||||||||
| 231 BRADLY PLACE | PALM BEACH | FL | 33480 | DIRECTOR | 10.00 | $30,000 | $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 |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $0 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $0 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $0 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $0 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $0 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $0 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $0 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $0 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $11,208 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $11,208 | TotalTaxAmt |
| Distributable Before Adj | $0 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $0 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $0 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $163,294 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $163,294 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $0 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr5 | $122,804 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $119,666 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $935,369 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $165,683 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $676,663 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $2,020,185 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $163,294 | QualifyingDistributionsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Remaining Distri From Corpus | $163,294 | RemainingDistriFromCorpusAmt |
| Total Corpus | $2,183,479 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $122,804 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $2,060,675 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $119,666 | ExcessFromYear4Amt |
| Excess From Year3 | $935,369 | ExcessFromYear3Amt |
| Excess From Year2 | $165,683 | ExcessFromYear2Amt |
| Excess From Year1 | $676,663 | ExcessFromYear1Amt |
| Excess From Current Year | $163,294 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | NA | ContributingManagerNm |
| Shareholder Manager | NA | ShareholderManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | SEE SUPPLEMENTARY INFORMATION STATE | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 740 HI MOUNT RD | AddressLine1Txt |
| City | PALM BEACH | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33480 | ZIPCd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SEE ATTACHED | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ATTACHED | AddressLine1Txt |
| City | ATTACHED | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33480 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Foundation Status | ALL ARE501(c)(3) | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | DONEE'S DISCRETIONFOR ALL ENTITIES LISTED | GrantOrContributionPurposeTxt |
| Amt | $474,400 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $474,400 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 900001 | BusinessCd |
| Unrelated Business Taxbl Incm | $449,711 | UnrelatedBusinessTaxblIncmAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 900001 | BusinessCd |
| Unrelated Business Taxbl Incm | $121,365 | UnrelatedBusinessTaxblIncmAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 900001 | BusinessCd |
| Unrelated Business Taxbl Incm | $409,413 | UnrelatedBusinessTaxblIncmAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PASS THRU K-I | Desc |
| Business | 900001 | BusinessCd |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $980,489 | UnrelatedBusinessTaxblIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $980,489 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | MISC ACCOUNTING | CategoryTxt |
| Amt | $21,692 | Amt |
| Net Investment Income | $2,169 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $19,523 | DisbursementsCharitablePrpsAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (25 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| ABBOTT LABS | $478,334 | $896,650 |
| ABBVIE INC | $255,724 | $1,116,288 |
| ALTRIA GROUP | $158,683 | $555,700 |
| AMERICAN ELECTRIC | $223,399 | $713,592 |
| AMERISOURCEBERGN | $275,997 | $1,134,675 |
| A T & T | $166,849 | $160,310 |
| BRISTOL MYERS SQUIBB | $253,605 | $752,700 |
| CME GROUP | $356,305 | $789,624 |
| COLGATE PAMOLIVE | $230,530 | $770,500 |
| DOMINION RESERVE | $234,180 | $604,136 |
| ELI LILLY | $254,678 | $1,781,993 |
| ENTERPRISE PRODUCTS PARTNERS LP | $0 | $362,740 |
| INTUIT | $406,071 | $1,319,063 |
| JP MORGAN CHASE | $343,709 | $895,200 |
| KIMBERLY CLARK | $162,448 | $472,022 |
| LOCKHEED MARTIN | $640,421 | $1,944,540 |
| MAGELLAN MIDSTREAM PARTNERS | $0 | $411,825 |
| MCDONALDS CORP | $167,433 | $747,480 |
| PHILIP MORRIS INTL | $211,512 | $500,000 |
| RAYTHEON | $150,535 | $379,640 |
| TJX COS | $219,447 | $1,243,984 |
| VERIZON COMMUNICATIONS | $294,895 | $287,060 |
| WALMART STORES INC | $303,492 | $673,156 |
| WARNER BROTHERS DISCOVERY INC | $52,256 | $37,316 |
| INVESCO QQQ TRUST | $230,922 | $1,450,160 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | INVESTMENT IN MERIT ENERGY | CategoryOrItemTxt |
| Book Value | $173,000 | BookValueAmt |
| EOYFMV | $173,000 | EOYFMVAmt |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | OFFICE EQUIPMENT | CategoryOrItemTxt |
| Cost Or Other Basis | $15,767 | CostOrOtherBasisAmt |
| Accumulated Depreciation | $15,767 | AccumulatedDepreciationAmt |
| Book Value | $0 | BookValueAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ENGELBERG MIGRIM LEGAL | CategoryTxt |
| Legal Fees | $16,150 | LegalFeesAmt |
| Net Investment Income | $1,615 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $14,535 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | EXCISE TAX DEPOSITS | Desc |
| BOY Book Value | $1,789 | BOYBookValueAmt |
| EOY Book Value | $3,752 | EOYBookValueAmt |
| EOYFMV | $3,752 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (9 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| BANK CHARGES | $2,555 | $256 | $2,599 |
| INSURANCE | $1,389 | $139 | $1,250 |
| INTERNET & CABLE | $1,429 | $143 | $1,286 |
| OFFICE EXPENSE | $1,856 | $186 | $1,670 |
| POSTAGE | $2,591 | $259 | $2,332 |
| SPONSORSHIP | $6,985 | $699 | $6,286 |
| STORAGE | $1,016 | $102 | $914 |
| TELEPHONE | $3,271 | $327 | $2,944 |
| UTILITIES | $533 | $53 | $480 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MISCELLANEOUS | Desc |
| Revenue And Expenses Per Books | $121,365 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $121,365 | NetInvestmentIncomeAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CAPITAL GAIN | Desc |
| Amt | $409,414 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | MISC INVESTMENT MGMT | CategoryTxt |
| Amt | $121,351 | Amt |
| Net Investment Income | $121,351 | NetInvestmentIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| PAYROLL TAXES | $6,444 | $644 | $5,800 |
| MISCELLANEOUS | $61 | $6 | $55 |
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