IPPOLITO CHARITABLE FOUNDATION OF GALVESTON: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- IPPOLITO CHARITABLE FOUNDATION OF GALVESTON (EIN 76-0671962)
- Tax period
- 2019-12-01 to 2020-11-30
- Filed
- 2022-02-09
- IRS object ID
- 202210409349100611
- Schema version
- 2019v5.2
- 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
- Form 990-PF
- Depreciation Schedule
- Expenditure Responsibility Stmt
- General Explanation Attachment
- Investments Corp Stock Schedule
- Investments Other 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 | 2022-02-09T13:08:54-06:00 | ReturnTs |
| Tax Period End | 2020-11-30 | TaxPeriodEndDt |
| Disaster Relief | New York-Hurricane Ida | DisasterReliefTxt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foundation Source | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | One Hollow Ln Ste 212 | AddressLine1Txt |
| City | Lake Success | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11042 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2019-12-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 760671962 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Ippolito Charitable Foundation of Galveston | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % Foundation Source | InCareOfNm |
| Business Name Control | IPPO | BusinessNameControlTxt |
| Phone | 8008391754 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Foundation Source 501 Silverside Rd | AddressLine1Txt |
| City | Wilmington | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198091377 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | PEPPER AMMANN | PersonNm |
| Person Title | Treasurer | PersonTitleTxt |
| Phone | 8008391754 | PhoneNum |
| Signature | 2022-02-08 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Jeffrey D Haskell | PreparerPersonNm |
| PTIN | P01345770 | PTIN |
| Phone | 8008391754 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $19,342,493 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $0 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $2,408 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $2,408 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $325,203 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $325,203 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $1,219,212 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $7,396,356 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $1,219,212 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $2,357 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $2,357 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $1,549,180 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,549,180 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $107,397 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $107,397 | CompOfcrDirTrstDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $5,937 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $5,937 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $4,752 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $4,752 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $0 | LegalFeesDsbrsChrtblAmt |
| Other Prof Fees Rev And Expnss | $150,574 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $150,574 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $13,786 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $950 | TaxesNetInvstIncmAmt |
| Trav Conf Meeting Rev And Expnss | $14,998 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $14,998 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $57,515 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $7,817 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $49,698 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $354,959 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $164,093 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $178,030 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $622,950 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $622,950 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $977,909 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $164,093 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $800,980 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $571,271 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,385,087 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $427,912 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $843,068 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $843,068 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl BOY | $44,988 | AcctRcvblBOYAmt |
| Corporate Stock BOY | $13,778,071 | CorporateStockBOYAmt |
| Corporate Stock EOY | $13,894,361 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $16,942,653 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $1,156,161 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $1,150,974 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $1,406,772 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $50,000 | OtherAssetsBOYAmt |
| Other Assets EOY | $150,000 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $150,000 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $15,457,132 | TotalAssetsBOYAmt |
| Total Assets EOY | $16,038,403 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $19,342,493 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $15,457,132 | RetainedEarningBOYAmt |
| Retained Earning EOY | $16,038,403 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $15,457,132 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $16,038,403 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $15,457,132 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $16,038,403 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $15,457,132 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $571,271 | ExcessRevenueOverExpensesAmt |
| Other Increases | $10,000 | OtherIncreasesAmt |
| Subtotal | $16,038,403 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $16,038,403 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | Publicly-traded Securities | PropertyDesc |
| Gross Sales Price | $7,396,356 | GrossSalesPriceAmt |
| Cost Or Other Basis | $6,177,144 | CostOrOtherBasisAmt |
| Gain Or Loss | $1,219,212 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $1,219,212 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $1,219,212 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $806,900 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $17,149,226 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.047052 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $856,507 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $17,246,713 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.049662 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $805,375 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $16,771,683 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.04802 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $669,038 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $15,794,914 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.042358 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $396,122 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $14,644,192 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.02705 | DistributionYr5Rt |
| Total Distribution | 0.214142 | TotalDistributionRt |
| Average Distribution | 0.042828 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $17,494,184 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $749,241 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $13,851 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $763,092 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $900,980 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | Yes (X) | DomesticOrgMeetingSect4940eInd |
| Investment Income Excise Tax | $13,851 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $13,851 | SubtotalAmt |
| Tax Based On Investment Income | $13,851 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $19,800 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $8,800 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $28,600 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Overpayment | $14,749 | OverpaymentAmt |
| Applied To ES Tax | $14,749 | 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 |
| Org Report Or Register State | TX | OrgReportOrRegisterStateCd |
| 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 | Yes (true) | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | IPPOLITOFOUNDATION.ORG | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foundation Source | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8008391754 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 501 Silverside Road Suite 123 | AddressLine1Txt |
| City | Wilmington | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198091377 | 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 |
| 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 | Yes (true) | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | false | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | Yes (true) | MaintainedExpenditureRspnsInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (5 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 |
|---|---|---|---|---|---|---|---|---|
| MJ Alvarado | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | VP | 5.0 | $17,404 | $0 | $0 |
| Pepper I Ammann | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | TREAS | 12.0 | $26,092 | $0 | $0 |
| Crys C Ippolito | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | VP | 1.0 | $6,000 | $0 | $0 |
| John C Ippolito | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | PRES | 3.0 | $31,808 | $0 | $0 |
| Lee I Jurewitz | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | SEC | 15.0 | $26,093 | $0 | $0 |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Morgan Stanley | |||||
| 600 Travis suite 3700 | HOUSTON | TX | 77002 | Investment Mgmt | $99,778 |
| Merrill Lynch | |||||
| 607 W 3rd street suite 2600 | AUSTIN | TX | 78701 | Investment Mgmt | $50,796 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Summary Of Direct Chrtbl Acty | SummaryOfDirectChrtblActyGrp |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | LITTLE RED BOX, LLC PRI - TO PROVIDE ACCESS TO DIVERSE GROCERY PRODUCTS FOR HOUSEHOLDS LOCATED IN LOW INCOME FOOD DESERTS. | Description1Txt |
| Expenses1 | $100,000 | Expenses1Amt |
| Total | $100,000 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $15,697,837 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $708,552 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $1,354,204 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $17,760,593 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $17,760,593 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $266,409 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $17,494,184 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $874,709 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $874,709 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $13,851 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $13,851 | TotalTaxAmt |
| Distributable Before Adj | $860,858 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $10,000 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $870,858 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $870,858 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $800,980 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $100,000 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $900,980 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $13,851 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $887,129 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $870,858 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $819,912 | UndistributedIncomePYAmt |
| Prior Year1 | 2017 | PriorYear1Yr |
| Prior Year2 | 2016 | PriorYear2Yr |
| Prior Year3 | 2015 | PriorYear3Yr |
| Qualifying Distributions | $900,980 | QualifyingDistributionsAmt |
| Applied To Year1 | $819,912 | AppliedToYear1Amt |
| Applied To Current Year | $81,068 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Undistributed Income CY | $789,790 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
| Excess From Current Year | $0 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | NONE | ContributingManagerNm |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | MJ ALVARO | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 55 WALLS DRIVE 3RD FLOOR | AddressLine1Txt |
| City | Fairfield | CityNm |
| State Abbreviation | CT | StateAbbreviationCd |
| ZIP | 06824 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Email Address | GRANTS@IPPOLITOFOUNDATION.ORG | RecipientEmailAddressTxt |
| Form And Info And Materials | SEE: WWW.IPPOLITOFOUNDATION.ORG/GRANTS | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | April 1st | SubmissionDeadlinesTxt |
| Restrictions On Awards | MUST BE SUBMITTED VIA EMAIL IN A WORD DOCUMENT, NO PDF OR OTHER FORMS ARE ACCEPTED. | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (52 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| 1894 INC | |||||||
| 2020 POST OFC ST | GALVESTON | TX | 77550 | N/A | PC | General & Unrestricted | $10,000 |
| ALCOHOL DRUG ABUSE WOMENS CENTER INC | |||||||
| 201 1ST ST | GALVESTON | TX | 77550 | N/A | PC | Continuum of care for women in recovery PROGRAM | $10,000 |
| ALL SAINTS EPISCOPAL CHURCH | |||||||
| 209 W 27TH ST | AUSTIN | TX | 78705 | N/A | PC | General & Unrestricted | $1,000 |
| AMERICAN ENTERPRISE INSTITUTE FOR PUBLIC POLICY RE | |||||||
| 1789 MASSACHUSETTS AVE NW | WASHINGTON | DC | 20036 | N/A | PC | General & Unrestricted | $2,000 |
| ARTIST BOAT INC | |||||||
| 13330 SETTEGAST RD | GALVESTON | TX | 77554 | N/A | PC | General & Unrestricted | $10,000 |
| AUSTIN INDEPENDENT SCHOOL DISTRICT | |||||||
| 1111 WEST 6TH ST SUITE A380 | AUSTIN | TX | 78703 | N/A | GOV | Anderson Trojans Softball PROGRAM | $200 |
| BALL HIGH SCHOOL | |||||||
| 4115 AVE O | GALVESTON | TX | 77550 | N/A | GOV | CTE Field Trips fund - Sea Star Base | $5,000 |
| BOYS AND GIRLS CLUBS OF GREATER HOUSTON INC | |||||||
| 815 CROSBY ST | HOUSTON | TX | 77019 | N/A | PC | Galveston Club fund | $25,000 |
| BOYS AND GIRLS CLUBS OF GREATER HOUSTON INC | |||||||
| 815 CROSBY ST | HOUSTON | TX | 77019 | N/A | PC | Capital Campaign | $50,000 |
| BRYAN TEXANA FOUNDATION | |||||||
| 1331 LAMAR ST 1075 | HOUSTON | TX | 77010 | N/A | PC | The Bryan Museum's New Writers & Historians Project | $10,000 |
| CATHOLIC CHARITIES OF THE ARCHDIOCESE OF GALVESTON | |||||||
| 2900 LOUISIANA ST | HOUSTON | TX | 77006 | N/A | PC | Beacon of Hope Center | $10,000 |
| CEDAR CREEK BOOSTER CLUB INC | |||||||
| 3301 PINNACLE RD | AUSTIN | TX | 78746 | N/A | PC | General & Unrestricted | $1,000 |
| CENTRAL TEXAS FOOD BANK INC | |||||||
| 6500 METROPOLIS DR | AUSTIN | TX | 78744 | N/A | PC | General & Unrestricted | $500 |
| CHRISTINA SULLIVAN FOUNDATION | |||||||
| PO BOX 504 | GALVESTON | TX | 77553 | N/A | PC | General & Unrestricted | $20,000 |
| CHRISTUS FOUNDATION FOR HEALTHCARE | |||||||
| PO BOX 1919 | HOUSTON | TX | 77251 | N/A | PC | Our Daily Bread program | $10,000 |
| COURT APPOINTED SPECIAL ADVOCATES CASA | |||||||
| 10000 EMMET F LOWRY EXPY STE 4000 U | TEXAS CITY | TX | 77591 | N/A | PC | General & Unrestricted | $7,500 |
| ENCINITAS EDUCATIONAL FOUNDATION | |||||||
| 101 S RANCHO SANTA FE RD | ENCINITAS | CA | 92024 | N/A | PC | Be Strong - Encinitas Covid-19 Response Fund | $350 |
| FAMILY SERVICE CENTER OF GALVESTON COUNTY TEXAS | |||||||
| 2200 MARKET ST STE 600 | GALVESTON | TX | 77550 | N/A | PC | Individual and Family Counseling Program | $10,000 |
| GALVESTON ARTS CENTER INC | |||||||
| 2127 STRAND ST | GALVESTON | TX | 77550 | N/A | PC | General & Unrestricted | $10,000 |
| GALVESTON BAY FOUNDATION | |||||||
| 1100 HERCULES AVE STE 200 | HOUSTON | TX | 77058 | N/A | PC | General & Unrestricted | $5,000 |
| GALVESTON CHILDRENS MUSEUM | |||||||
| 2618 BROADWAY ST | GALVESTON | TX | 77550 | N/A | PC | General & Unrestricted | $5,000 |
| GALVESTON COUNTY FOOD BANK | |||||||
| 624 4TH AVE N | TEXAS CITY | TX | 77590 | N/A | PC | General & Unrestricted | $15,000 |
| GALVESTON DIAPER BANK | |||||||
| PO BOX 193 | GALVESTON | TX | 77553 | N/A | PC | General & Unrestricted | $10,000 |
| GALVESTON INDEPENDENT SCHOOL DISTRICT EDUCATIONAL | |||||||
| 3904 AVE T | GALVESTON | TX | 77550 | N/A | PC | teachers & Schools fund and operations support | $10,000 |
| GALVESTON ISLAND MEALS ON WHEELS INC | |||||||
| 2803 53RD ST | GALVESTON | TX | 77551 | N/A | PC | General & Unrestricted | $30,000 |
| GALVESTON ISLAND NATURE TOURISM COUNCIL | |||||||
| PO BOX 1468 | GALVESTON | TX | 77553 | N/A | PC | General & Unrestricted | $7,000 |
| GALVESTON URBAN MINISTRIES | |||||||
| 3727 BALL ST | GALVESTON | TX | 77550 | N/A | PC | General & Unrestricted | $20,000 |
| HOLY FAMILY PARISH | |||||||
| 2601 AVE N | GALVESTON | TX | 77550 | N/A | PC | General & Unrestricted | $15,000 |
| HOPE ACTIVE | |||||||
| 1801 FM 528 RD | WEBSTER | TX | 77598 | N/A | PC | school supplies, student physicals/exams and immunization fund | $2,500 |
| HOSPICE CARE TEAM INC | |||||||
| 11441 32ND AVE N STE B | TEXAS CITY | TX | 77591 | N/A | PC | Unfunded Patient Care Program | $7,500 |
| JESSE TREE INC | |||||||
| 2622 MARKET ST | GALVESTON | TX | 77550 | N/A | PC | cargo van fund | $10,000 |
| LONE STAR COASTAL ALLIANCE | |||||||
| PO BOX 131635 | HOUSTON | TX | 77219 | N/A | PC | Pilot Certified Interpretive Host Training Program | $5,000 |
| LUTHERAN OUTDOORS MINISTRY OF TEXAS INC | |||||||
| 2016 CAMP LONE STAR RD | LA GRANGE | TX | 78945 | N/A | PC | General & Unrestricted | $200 |
| LYCEUM OF GALVESTON ISLAND INC | |||||||
| 2401 WINNIE ST | GALVESTON | TX | 77550 | N/A | SO II | Feed Galveston program | $2,500 |
| MOODY EARLY CHILDHOOD CENTER | |||||||
| 1110 21ST ST | GALVESTON | TX | 77550 | N/A | PC | Equity Access Scholarship fund | $20,000 |
| NAMI GULF COAST | |||||||
| PO BOX 4096 | ALVIN | TX | 77512 | N/A | PC | General & Unrestricted | $10,000 |
| NATIONAL ASSISTANCE LEAGUE | |||||||
| PO BOX 591131 | HOUSTON | TX | 77259 | N/A | PC | new clothing fund for PreK-12 | $5,000 |
| RESOURCE AND CRISIS CENTER OF GALVESTON COUNTY | |||||||
| 1204 45TH ST | GALVESTON | TX | 77550 | N/A | PC | General & Unrestricted | $20,000 |
| SMART FAMILY LITERACY INC | |||||||
| 1713 DRIFTWOOD LN | GALVESTON | TX | 77551 | N/A | PC | General & Unrestricted | $20,000 |
| ST JUDE CHILDRENS RESEARCH HOSPITAL INC | |||||||
| 501 ST JUDE PL | MEMPHIS | TN | 38105 | N/A | PC | General & Unrestricted | $1,100 |
| SUNSHINE CENTER INC | |||||||
| 1726 21ST ST | GALVESTON | TX | 77550 | N/A | PC | General & Unrestricted | $15,500 |
| TEEN HEALTH CENTER INC | |||||||
| 4115 AVE O | GALVESTON | TX | 77550 | N/A | PC | General & Unrestricted | $15,000 |
| TEXAS CAMPAIGN FOR THE ENVIRONMENT FUND | |||||||
| PO BOX 42278 | AUSTIN | TX | 78704 | N/A | PC | General & Unrestricted | $600 |
| THE SALVATION ARMY | |||||||
| 601 51ST ST | GALVESTON | TX | 77551 | N/A | PC | Center of Hope | $15,000 |
| THE UNIVERSITY OF TEXAS MD ANDERSON CANCER CENTER | |||||||
| PO BOX 4486 | HOUSTON | TX | 77210 | N/A | GOV | General & Unrestricted | $2,000 |
| THE UNIVERSITY OF TEXAS MD ANDERSON CANCER CENTER | |||||||
| PO BOX 4486 | HOUSTON | TX | 77210 | N/A | GOV | The Robert Ammann Cutaneous T-Cell Lymphoma Research Fund | $1,000 |
| UNITED WAY OF GALVESTON INC | |||||||
| PO BOX 2250 | GALVESTON | TX | 77553 | N/A | PC | Galveston County Recovery Fund | $40,400 |
| UNITED WAY OF GALVESTON INC | |||||||
| PO BOX 2250 | GALVESTON | TX | 77553 | N/A | PC | Galveston County Recovery Fund | $100 |
| UNIVERSITY OF TEXAS MEDICAL BRANCH AT GALVESTON | |||||||
| 301 UNIVERSITY BLVD | GALVESTON | TX | 77555 | N/A | GOV | Osher Lifelong Learning Institute | $5,000 |
| UPWARD HOPE ACADEMY INC | |||||||
| 101 14TH ST | GALVESTON | TX | 77550 | N/A | PC | General & Unrestricted | $15,000 |
| VISION GALVESTON INC | |||||||
| 306 22ND ST STE 200 | GALVESTON | TX | 77550 | N/A | PC | Build Galveston fund | $50,000 |
| VISION GALVESTON INC | |||||||
| 306 22ND ST STE 200 | GALVESTON | TX | 77550 | N/A | PC | General & Unrestricted | $50,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $622,950 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp |
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $2,408 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $325,203 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Incm Part VII | OtherInvestmentIncmPartVIIGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $1,219,212 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | K-1 Inc/Loss | Desc |
| Exclusion | 14 | ExclusionCd |
| Exclusion | $2,357 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $1,549,180 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,549,180 | 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 |
Depreciation Schedule DepreciationSchedule
Expenditure Responsibility Stmt ExpenditureResponsibilityStmt
Expenditure Responsibility ExpenditureResponsibilityGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | GrantGrantDt | GrantGrantAmt | Purpose Of GrantPurposeOfGrantTxt | Any Diversion By GranteeAnyDiversionByGranteeTxt | Dates Of Reports By GranteeDatesOfReportsByGranteeTxt | Results Of VerificationResultsOfVerificationTxt |
|---|---|---|---|---|---|---|---|---|---|
| Little Red Box LLC | |||||||||
| 2901 Bammel Lane No 30 | Houston | TX | 77098 | 2020-03-30 | $75,000 | PRI INVEST-SEE GENERAL EXPLANATION FOR PURPOSE & ADDTL DETAILS RE AMT EXPENDED & LACK OF DIVERSION | NO | EXPECTED IN 2021 | THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORTS FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORTS WERE MADE. |
| LITTLE RED BOX LLC | |||||||||
| 2901 BAMMEL LANE NO 30 | HOUSTON | TX | 77098 | 2020-11-05 | $25,000 | PRI INVEST-SEE GENERAL EXPLANATION FOR PURPOSE & ADDTL DETAILS RE AMT EXPENDED & LACK OF DIVERSION | NO | EXPECTED IN 2021 | THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORTS FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORTS WERE MADE. |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp (2 entries)
| IdentifierIdentifierTxt | Form And Line ReferenceFormAndLineReferenceDesc | Medium ExplanationMediumExplanationTxt |
|---|---|---|
| FORM 990-PF, PART VII-B, LINE 5C - EXPENDITURE RESPONSIBILITY | FORM 990-PF, PART VII-B, LINE 5C - EXPENDITURE RESPONSIBILITY | PRI RECIPIENT: Little Red Box, LLC DATE OF PRI: 03/30/2020 PURPOSE OF PRI: To provide access to diverse grocery products for households located in low income food deserts. REPORTS OF AMOUNTS EXPENDED: RECIPIENT IS EXPECTED TO SUBMIT A FULL AND COMPLETE FINANCIAL REPORT OF THE TYPE ORDINARILY REQUIRED BY COMMERCIAL INVESTORS UNDER SIMILAR CIRCUMSTANCES AND A STATEMENT THAT IT HAS COMPLIED WITH THE TERMS OF THE INVESTMENT IN 2021. THIS INVESTMENT REMAINED ON THE FOUNDATION'S BOOKS AS OF 11/30/2020. DIVERSIONS: TO THE KNOWLEDGE OF THE GRANTOR, NO FUNDS HAVE BEEN DIVERTED TO ANY ACTIVITY OTHER THAN THE ACTIVITY FOR WHICH THE INVESTMENT WAS ORIGINALLY MADE. |
| FORM 990-PF, PART VII-B, LINE 5C - EXPENDITURE RESPONSIBILITY | FORM 990-PF, PART VII-B, LINE 5C - EXPENDITURE RESPONSIBILITY | PRI RECIPIENT: LITTLE RED BOX, LLC DATE OF PRI: 11/05/2020 PURPOSE OF PRI: TO PROVIDE ACCESS TO DIVERSE GROCERY PRODUCTS FOR HOUSEHOLDS LOCATED IN LOW INCOME FOOD DESERTS. REPORTS OF AMOUNTS EXPENDED: RECIPIENT IS EXPECTED TO SUBMIT A FULL AND COMPLETE FINANCIAL REPORT OF THE TYPE ORDINARILY REQUIRED BY COMMERCIAL INVESTORS UNDER SIMILAR CIRCUMSTANCES AND A STATEMENT THAT IT HAS COMPLIED WITH THE TERMS OF THE INVESTMENT IN 2021. THIS INVESTMENT REMAINED ON THE FOUNDATION'S BOOKS AS OF 11/30/2020. DIVERSIONS: TO THE KNOWLEDGE OF THE GRANTOR, NO FUNDS HAVE BEEN DIVERTED TO ANY ACTIVITY OTHER THAN THE ACTIVITY FOR WHICH THE INVESTMENT WAS ORIGINALLY MADE. |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (109 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| ABBOTT LABS | $161,473 | $208,324 |
| ACCENTURE PLC | $41,052 | $85,936 |
| ADOBE SYSTEMS, INC | $49,562 | $133,493 |
| ALIGN TECHNOLOGY, INC | $26,395 | $51,498 |
| ALPHABET INC CL A | $221,766 | $347,371 |
| ALPHABET INC CL C | $59,177 | $132,056 |
| AMAZON COM | $172,487 | $304,132 |
| AMERICAN TOWER REIT INC | $63,573 | $82,770 |
| AMGEN INC | $78,165 | $77,270 |
| ANTHEM INC | $57,951 | $70,092 |
| APPLE INC | $141,645 | $316,078 |
| AT&T, INC | $166,875 | $154,819 |
| AUTODESK, INC | $51,445 | $80,146 |
| AUTOMATIC DATA PROCESSING INC | $87,516 | $106,241 |
| BALL CP | $66,027 | $96,298 |
| BANK NEW YORK MELLON CORP COM | $109,409 | $101,243 |
| BANK OF AMERICA CORP | $171,103 | $196,669 |
| BARINGS ACTIVE SHORT DURATION | $68,290 | $67,328 |
| BARON SMALL CAP INSTL CL | $324,508 | $400,055 |
| BLACKROCK EQUITY DIVIDEND FUND | $872,481 | $778,555 |
| BLACKROCK INC | $84,190 | $128,496 |
| BRISTOL-MYERS SQUIBB CO | $179,333 | $188,198 |
| CAPITAL ONE FINANCIAL CORP | $67,413 | $62,603 |
| CHEVRON CORP | $165,921 | $172,965 |
| CISCO SYSTEMS INC | $226,047 | $223,274 |
| CITIGROUP INC | $85,441 | $80,237 |
| COMCAST CORP | $165,698 | $203,372 |
| CONOCOPHILLIPS | $56,635 | $75,441 |
| CONSTELLATION BRANDS INC | $85,274 | $97,980 |
| COSTCO WHOLESALE CORPORATION | $85,315 | $164,543 |
| CROWN CASTLE INTL | $71,836 | $84,288 |
| CVS CAREMARK CORP | $91,383 | $102,227 |
| DANAHER CORP | $72,615 | $153,872 |
| DOLLAR GENERAL CORP | $27,087 | $58,798 |
| EMERSON ELECTRIC CO | $75,340 | $100,481 |
| EXELON CORPORATION | $175,611 | $182,556 |
| FACEBOOK INC | $89,896 | $155,934 |
| FISERV INC | $85,275 | $97,097 |
| GARTNER INC | $32,121 | $44,536 |
| HILTON WORLDWIDE HOLDINGS, INC | $52,190 | $74,406 |
| HOME DEPOT INC | $159,007 | $232,470 |
| HONEYWELL INTL | $184,863 | $292,625 |
| ILLUMINA INC COM | $36,844 | $35,752 |
| INTERNATIONAL BUSINESS MACHINE | $101,568 | $85,105 |
| INTUITIVE SURGICAL | $35,813 | $34,850 |
| INVESCO EMERGING MARKETS SOVER | $70,485 | $67,346 |
| INVESCO PREFERRED ETF | $21,889 | $21,763 |
| INVESCO S&P 500 PURE VALUE ETF | $36,452 | $40,760 |
| ISHARE MSCI EMU INDX | $325,118 | $333,129 |
| ISHARE MSCI SWEDEN | $38,743 | $46,575 |
| ISHARE MSCI UK INDEX | $244,067 | $217,602 |
| ISHARES 20+ YR TREAS BD | $61,633 | $65,128 |
| ISHARES BARCLAYS MBS BOND FUND | $448,216 | $454,699 |
| ISHARES BARCLAYS SHORT TREASUR | $37,401 | $37,406 |
| ISHARES BARCLAYS TIPS BOND FUN | $109,988 | $119,846 |
| ISHARES CORE MSCI EMERGING MAR | $224,698 | $270,473 |
| ISHARES IBOXX $ HIGH YIELD COR | $33,201 | $33,233 |
| ISHARES IBOXX $ INVESTMENT GRA | $118,855 | $134,049 |
| ISHARES INC MSCI SWITZERLAND I | $115,149 | $137,202 |
| ISHARES MSCI CANADA INDEX FD | $114,155 | $126,086 |
| ISHARES MSCI PACIFIC EX-JAPAN | $166,917 | $177,292 |
| ISHARES MSCI-JAPAN | $177,818 | $198,450 |
| JOHNSON & JOHNSON | $83,062 | $86,374 |
| JP MORGAN CHASE | $242,496 | $322,755 |
| LOCKHEED MARTIN CORP | $156,835 | $200,750 |
| MARKET VECTORS ETF TR FALLEN A | $21,581 | $22,792 |
| MASTERCARD INC | $41,227 | $85,810 |
| MCDONALD'S CORP | $78,456 | $98,500 |
| MEDTRONIC PLC | $84,344 | $97,100 |
| METLIFE INC | $88,109 | $88,277 |
| MICROCHIP TECHNOLOGY INC | $87,142 | $134,524 |
| MICROSOFT CORP | $199,858 | $460,679 |
| MONDELEZ INTERNATIONAL INC | $83,097 | $89,852 |
| MSCI INC | $19,658 | $34,391 |
| NEXTERA ENERGY, INC | $57,048 | $108,324 |
| NIKE INC-CL B | $19,987 | $42,026 |
| PARKER HANNIFIN CP | $45,172 | $46,503 |
| PAYPAL HOLDINGS, INC | $35,695 | $73,657 |
| PEPSICO INC | $42,111 | $46,009 |
| PFIZER INC | $76,583 | $89,492 |
| PHILIP MORRIS INTL | $86,217 | $74,311 |
| PNC FINANCIAL GROUP INC | $87,763 | $115,288 |
| PROCTER GAMBLE CO | $83,930 | $98,459 |
| PROLOGIS | $54,179 | $82,941 |
| RAYTHEON TECHNOLOGIES CORP | $87,573 | $106,432 |
| REALTY INCOME CORP | $81,974 | $83,418 |
| REGENERON PHARMACEUTICALS INC | $37,813 | $50,571 |
| ROSS STORES, INC | $93,174 | $93,972 |
| SALESFORCE.COM | $57,239 | $81,360 |
| SCH ST US TRSR ETF | $381,555 | $390,148 |
| SERVICE NOW | $44,381 | $81,786 |
| STARBUCKS CORP COM | $39,976 | $60,380 |
| THE COCA-COLA CO | $208,035 | $188,598 |
| THERMO FISHER SCIENTIFIC INC | $72,973 | $178,087 |
| TRUIST FINANCIAL CORPORATION | $87,768 | $87,502 |
| UNION PACIFIC | $76,873 | $129,999 |
| UNITEDHEALTH GROUP INC | $188,055 | $206,849 |
| VANGUARD CHARLOTTE INTL BD IDX | $64,985 | $65,542 |
| VANGUARD INTERMEDIATE TERM COR | $116,985 | $121,171 |
| VANGUARD SHORT TERM CORPORATE | $53,783 | $54,476 |
| VANGUARD SMALL-CAP GROWTH ETF | $239,214 | $339,941 |
| VANGUARD SMALL-CAP VALUE ETF | $212,741 | $234,733 |
| VANGUARD ST BOND ETF | $609,334 | $629,288 |
| VIRTUS EMERGING MARKETS OPPTS | $199,676 | $210,272 |
| VIRTUS FOREIGN OPPORTUNITIES F | $854,395 | $868,325 |
| VISA INC | $137,075 | $270,089 |
| WAL-MART STORES INC | $101,337 | $164,555 |
| WALT DISNEY HOLDINGS CO | $108,672 | $131,285 |
| ZOETIS INC | $135,824 | $211,541 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (3 entries)
| Category Or ItemCategoryOrItemTxt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| HOMETOWN BANK | $121,000 | $279,510 |
| IRONWOOD MULTI STRAT LLC | $900,000 | $985,962 |
| TRUE WEALTH VENTURES FUND I, L | $129,974 | $141,300 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | General Consultations | CategoryTxt |
| Legal Fees | $4,752 | LegalFeesAmt |
| Net Investment Income | $4,752 | NetInvestmentIncomeAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (2 entries)
| DescDesc | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| PRI - PARKS AND WILDLIFE FDN | $50,000 | $50,000 |
| PRI- LITTLE RED BOX, LLC | $100,000 | $100,000 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| Administrative Fees | $49,393 | $49,393 | |
| Bank Charges | $46 | $46 | |
| Computers/Electronic Devices | $108 | $108 | |
| K-1 Exp TRUE WEALTH VENTURES F | $7,544 | $7,544 | |
| Website Hosting/Support | $424 | $197 | $227 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | K-1 Inc/Loss TRUE WEALTH VENTURES FUND I, L.P | Desc |
| Revenue And Expenses Per Books | $2,357 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $2,357 | NetInvestmentIncomeAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | RETURNED GRANT | Desc |
| Amt | $10,000 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Investment Management Services | CategoryTxt |
| Amt | $150,574 | Amt |
| Net Investment Income | $150,574 | NetInvestmentIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| 990-PF Estimated Tax for 2020 | $12,600 | |
| Foreign Tax Paid | $950 | $950 |
| IRS MISCELLANEOUS FEE | $236 |