BETA

ROBERTS FOUNDATION: Form 990PF, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
ROBERTS FOUNDATION (EIN 31-6299228)
Tax period
2020-12-01 to 2021-11-30
Filed
2022-03-18
IRS object ID
202210779349100601
Schema version
2020v4.1
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 ReturnHeader

FieldValueIRS element (for citing)
Return2022-03-18T06:55:45-05:00ReturnTs
Tax Period End2021-11-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1The Ayco Company LPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1PO Box 15201AddressLine1Txt
CityAlbanyCityNm
State AbbreviationNYStateAbbreviationCd
ZIP122125201ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2020-12-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN316299228EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Roberts FoundationBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% BURNELL ROBERTSInCareOfNm
Business Name ControlROBEBusinessNameControlTxt
Phone9372991510PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line16439 Bethany Village Drive 304AddressLine1Txt
CityCentervilleCityNm
State AbbreviationOHStateAbbreviationCd
ZIP45459ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonEvan RobertsPersonNm
Person TitleTrusteePersonTitleTxt
Phone5186405000PhoneNum
Signature2022-04-15SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstEvanPersonFirstNm
Person LastRobertsPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonElizabeth VanTasselPreparerPersonNm
PTINP01080611PTIN
Phone5186405000PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$2,061,145FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$0ContriRcvdRevAndExpnssAmt
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$7InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$7InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$21,579DividendsRevAndExpnssAmt
Dividends Net Invst Incm$21,579DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$201,299NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$2,220,413GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$201,299CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$222,885TotalRevAndExpnssAmt
Total Net Invst Incm$222,885TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$0CompOfcrDirTrstRevAndExpnssAmt
Interest Rev And Expnss$2,238InterestRevAndExpnssAmt
Interest Net Invst Incm$2,238InterestNetInvstIncmAmt
Taxes Rev And Expnss$23TaxesRevAndExpnssAmt
Taxes Net Invst Incm$23TaxesNetInvstIncmAmt
Other Expenses Rev And Expnss$39,586OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$39,386OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$41,847TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$41,647TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$43,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$43,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$84,847TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$41,647TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$43,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$138,038ExcessRevenueOverExpensesAmt
Net Investment Income$181,238NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$94,719CashBOYAmt
Cash EOY$26,888CashEOYAmt
Cash EOYFMV$26,888CashEOYFMVAmt
Sav And Temp Cash Invst BOY$319,136SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$158,854SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$158,854SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$826,565CorporateStockBOYAmt
Corporate Stock EOY$973,332CorporateStockEOYAmt
Corporate Stock EOYFMV$1,561,344CorporateStockEOYFMVAmt
Corporate Bonds BOY$100,000CorporateBondsBOYAmt
Corporate Bonds EOY$319,475CorporateBondsEOYAmt
Corporate Bonds EOYFMV$314,059CorporateBondsEOYFMVAmt
Total Assets BOY$1,340,420TotalAssetsBOYAmt
Total Assets EOY$1,478,549TotalAssetsEOYAmt
Total Assets EOYFMV$2,061,145TotalAssetsEOYFMVAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Capital Stock BOY$1,340,420CapitalStockBOYAmt
Capital Stock EOY$1,478,549CapitalStockEOYAmt
Tot Net Ast Or Fund Balances BOY$1,340,420TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$1,478,549TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$1,340,420TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$1,478,549TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$1,340,420TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$138,038ExcessRevenueOverExpensesAmt
Other Increases$91OtherIncreasesAmt
Subtotal$1,478,549SubtotalAmt
Tot Net Ast Or Fund Balances EOY$1,478,549TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (4 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
PUBLICLY TRADED SECURITIES - MS 839P$100,000$100,000
PUBLICLY TRADED SECURITIES - MS 310P$2,118,716$1,919,114$199,602$199,602
CAPITAL GAIN DIVIDENDSP$1,697
CAPITAL GAIN DIVIDENDSP$1,697
FieldValueIRS element (for citing)
Capital Gain Net Income$201,299CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$2,519InvestmentIncomeExciseTaxAmt
Subtotal$2,519SubtotalAmt
Tax Based On Investment Income$2,519TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$2,389EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce$0ExemptFrgnOrgTaxWthldAtSrceAmt
Extsn Request Income Tax Paid$3,000ExtsnRequestIncomeTaxPaidAmt
Total Payments And Credits$5,389TotalPaymentsAndCreditsAmt
Es Penalty$1EsPenaltyAmt
Overpayment$2,869OverpaymentAmt
Applied To ES Tax$2,869AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsYes (true)ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateOHOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website Addressn/aWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1BURNELL ROBERTSBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone9372991510PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line16439 BETHANY VILLAGE DRIVE 304AddressLine1Txt
CityCentervilleCityNm
State AbbreviationOHStateAbbreviationCd
ZIP45459ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Undistr Incm Sect4942a2 Not AppfalseUndistrIncmSect4942a2NotAppInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
burnell r roberts
6439 Bethany Village Drive 304CentervilleOH45459trustee1.0$0$0$0
Evan R Roberts
4414 Briar Glen CircleBirminghamAL35243Trustee1.0$0$0$0

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1PLEASE NOTE, THE FOUNDATION IS NOT INVOLVED IN ANY DIRECT CHARITABLE ACTIVITIES. ITS PRIMARY PURPOSE IS TO SUPPORT, BY CONTRIBUTIONS, OTHER CHARITABLE ORGANIZATIONS EXEMPTDescription1Txt
Description2UNDER INTERNAL REVENUE CODE SECTION 501(C)(3).Description2Txt
FieldValueIRS element (for citing)
Sum Of Program Related InvstSumOfProgramRelatedInvstGrp

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$1,745,723AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$240,242AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$1,985,965TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$1,985,965AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$29,789CashDeemedCharitableAmt
Net Vl Noncharitable Assets$1,956,176NetVlNoncharitableAssetsAmt
Minimum Investment Return$97,809MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$97,809MinimumInvestmentReturnAmt
Tax Based On Investment Income$2,519TaxBasedOnInvestmentIncomeAmt
Total Tax$2,519TotalTaxAmt
Distributable Before Adj$95,290DistributableBeforeAdjAmt
Distributable Before Ded$95,290DistributableBeforeDedAmt
Distributable As Adjusted$95,290DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$43,000ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Charitable Assets Acquis Paid$0CharitableAssetsAcquisPaidAmt
Set Aside Suitability Test$0SetAsideSuitabilityTestAmt
Set Aside Cash Distri Test$0SetAsideCashDistriTestAmt
Qualifying Distributions$43,000QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$0PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$43,000AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$95,290DistributableAsAdjustedAmt
Undistributed Income PY$2,257UndistributedIncomePYAmt
Prior Year12018PriorYear1Yr
Prior Year22017PriorYear2Yr
Prior Year32016PriorYear3Yr
Total For Prior Years$0TotalForPriorYearsAmt
Qualifying Distributions$43,000QualifyingDistributionsAmt
Applied To Year1$2,257AppliedToYear1Amt
Applied To Current Year$40,743AppliedToCurrentYearAmt
Remaining Distri From Corpus$0RemainingDistriFromCorpusAmt
Total Corpus$0TotalCorpusAmt
Prior Year Undistributed Incm$0PriorYearUndistributedIncmAmt
Taxable1$0Taxable1Amt
Undistributed Income CY$54,547UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$0ExcessDistriCyovToNextYrAmt
Excess From Current Year$0ExcessFromCurrentYearAmt
FieldValueIRS element (for citing)
Private Operating FoundationsPrivateOperatingFoundationsGrp

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerBURNELL R ROBERTSContributingManagerNm
Shareholder ManagerNONEShareholderManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1See AttachmentBusinessNameLine1Txt

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1variousAddressLine1Txt
CitydaytonCityNm
State AbbreviationOHStateAbbreviationCd
ZIP45419ZIPCd
FieldValueIRS element (for citing)
Recipient RelationshipnoneRecipientRelationshipTxt
Recipient Foundation StatusPCRecipientFoundationStatusTxt
Grant Or Contribution Purposegeneral charitable purposesGrantOrContributionPurposeTxt
Amt$43,000Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$43,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

FieldValueIRS element (for citing)
Fees Contracts From Govt AgFeesContractsFromGovtAgGrp
Membership Dues And AssmntMembershipDuesAndAssmntGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$7ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$21,579ExclusionAmt
FieldValueIRS element (for citing)
Net Rntl Incm Re Debt Fincd PropNetRntlIncmReDebtFincdPropGrp
Net Rntl Incm Re Not Debt Fincd PropNetRntlIncmReNotDebtFincdProp
Net Rental Income Personal PropNetRentalIncomePersonalPropGrp
Other Investment Incm Part VIIOtherInvestmentIncmPartVIIGrp

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$201,299ExclusionAmt
FieldValueIRS element (for citing)
Net Income Loss From Special EvtNetIncomeLossFromSpecialEvtGrp
Gross Profit Loss Sls Of InvntryGrossProfitLossSlsOfInvntryGrp

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$222,885ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$222,885TotalIncomeProducingActyAmt

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

FieldValueIRS element (for citing)
Line Numbern/aLineNumberTxt
Relationship StatementNot ApplicableRelationshipStatementTxt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Depreciation Schedule DepreciationSchedule

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp

FieldValueIRS element (for citing)
BondMORGAN STANLEY 839BondNm
EOY Book Value$319,475EOYBookValueAmt
EOYFMV$314,059EOYFMVAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockMORGAN STANLEY 310StockNm
EOY Book Value$973,332EOYBookValueAmt
EOYFMV$1,561,344EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmt
MANAGEMENT FEES$39,386$39,386
STATE FILING FEES$200

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

FieldValueIRS element (for citing)
DescPRIOR PERIOD ADJUSTMENTDesc
Amt$91Amt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryFOREIGN TAX PAIDCategoryTxt
Amt$23Amt
Net Investment Income$23NetInvestmentIncomeAmt

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