ELIZABETH HOOK ARMSTRONG FOUNDATION: Form 990PF, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
ELIZABETH HOOK ARMSTRONG FOUNDATION (EIN 77-0547321)
Tax period
2021-01-01 to 2021-12-31
Filed
2022-05-12
IRS object ID
202211329349103596
Schema version
2021v4.0
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)
Return2022-05-12T13:44:03-07:00ReturnTs
Tax Period End2021-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN770296692PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Finn & Cohen CPAs APCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1425 Pacific Street Suite 302AddressLine1Txt
CityMontereyCityNm
State AbbreviationCAStateAbbreviationCd
ZIP93940ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2021-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN770547321EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Elizabeth Hook Armstrong FoundationBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlELIZBusinessNameControlTxt
Phone8313752327PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1215 West Franklin Street 312AddressLine1Txt
CityMontereyCityNm
State AbbreviationCAStateAbbreviationCd
ZIP93940ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJeffrey W GormanPersonNm
Person TitleTreasurerPersonTitleTxt
Signature2022-05-12SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstJeffrey WPersonFirstNm
Person LastGormanPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMark Kintz CPAPreparerPersonNm
PTINP00966850PTIN
Phone8313755166PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
Federated Assurance LevelFAL1FederatedAssuranceLevelCd
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$1,443,126FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$1,150InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$1,150InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$1,150InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss$18,507DividendsRevAndExpnssAmt
Dividends Net Invst Incm$18,507DividendsNetInvstIncmAmt
Dividends Adj Net Incm$18,507DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss$19,986NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$29,151GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$19,986CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$39,643TotalRevAndExpnssAmt
Total Net Invst Incm$39,643TotalNetInvstIncmAmt
Total Adj Net Incm$19,657TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss$795AccountingFeesRevAndExpnssAmt
Taxes Rev And Expnss$2,006TaxesRevAndExpnssAmt
Other Expenses Rev And Expnss$1,420OtherExpensesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$4,221TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$60,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$60,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$64,221TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$60,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$24,578ExcessRevenueOverExpensesAmt
Net Investment Income$39,643NetInvestmentIncomeAmt
Adjusted Net Income$19,657AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$258,078CashBOYAmt
Cash EOY$179,462CashEOYAmt
Cash EOYFMV$179,462CashEOYFMVAmt
Corporate Stock BOY$377,316CorporateStockBOYAmt
Corporate Stock EOY$431,354CorporateStockEOYAmt
Corporate Stock EOYFMV$1,212,921CorporateStockEOYFMVAmt
Other Investments BOY$50,000OtherInvestmentsBOYAmt
Other Investments EOY$50,000OtherInvestmentsEOYAmt
Other Investments EOYFMV$50,743OtherInvestmentsEOYFMVAmt
Total Assets BOY$685,394TotalAssetsBOYAmt
Total Assets EOY$660,816TotalAssetsEOYAmt
Total Assets EOYFMV$1,443,126TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$685,394NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$660,816NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$685,394TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$660,816TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$685,394TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$660,816TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$685,394TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$24,578ExcessRevenueOverExpensesAmt
Subtotal$660,816SubtotalAmt
Tot Net Ast Or Fund Balances EOY$660,816TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
PropertyIshares S&P 500PropertyDesc
How AcquiredPHowAcquiredCd
Acquired2018-12-31AcquiredDt
Sold2021-04-23SoldDt
Gross Sales Price$29,151GrossSalesPriceAmt
Cost Or Other Basis$9,165CostOrOtherBasisAmt
Gain Or Loss$19,986GainOrLossAmt
Gains Minus Excess Or Losses$19,986GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income$19,986CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$551InvestmentIncomeExciseTaxAmt
Subtotal$551SubtotalAmt
Tax Based On Investment Income$551TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$1,280EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$1,280TotalPaymentsAndCreditsAmt
Overpayment$729OverpaymentAmt
Applied To ES Tax$729AppliedToESTaxAmt

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 BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateCAOrgReportOrRegisterStateCd
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 Line1Jeffrey W GormanBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8313752327PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1215 West Franklin Ste 312AddressLine1Txt
CityMontereyCityNm
State AbbreviationCAStateAbbreviationCd
ZIP93940ZIPCd
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
Acts Fail To Qlfy As ExceptionsfalseActsFailToQlfyAsExceptionsInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
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 (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
Walter McCullough
850 Webster Channing Hse 255Palo AltoCA94301President0.20$0
Brian Steckler
25777 Tierra Grande DriveCarmelCA93923Secretary0.30$0
Mike Kelly
PO Box 222634CarmelCA93922Trustee0.20$0
Jeffrey W Gorman
215 West Franklin Street 312MontereyCA93940Treasurer1.00$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$1,132,998AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$236,678AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$1,369,676TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$1,369,676AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$20,545CashDeemedCharitableAmt
Net Vl Noncharitable Assets$1,349,131NetVlNoncharitableAssetsAmt
Minimum Investment Return$67,457MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$67,457MinimumInvestmentReturnAmt
Tax Based On Investment Income$551TaxBasedOnInvestmentIncomeAmt
Total Tax$551TotalTaxAmt
Distributable Before Adj$66,906DistributableBeforeAdjAmt
Distributable Before Ded$66,906DistributableBeforeDedAmt
Distributable As Adjusted$66,906DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$60,000ExpensesAndContributionsAmt
Qualifying Distributions$60,000QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$66,906DistributableAsAdjustedAmt
Undistributed Income PY$54,251UndistributedIncomePYAmt
Qualifying Distributions$60,000QualifyingDistributionsAmt
Applied To Year1$54,251AppliedToYear1Amt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$5,749AppliedToCurrentYearAmt
Undistributed Income CY$61,157UndistributedIncomeCYAmt

Supplementary Information SupplementaryInformationGrp

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonNoneRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line125777 Tierra Grande DriveAddressLine1Txt
CityCarmelCityNm
State AbbreviationCAStateAbbreviationCd
ZIP93923ZIPCd
FieldValueIRS element (for citing)
Recipient Phone8312776222RecipientPhoneNum
Recipient Email AddressnoneRecipientEmailAddressTxt
Form And Info And MaterialsElizabeth Hook Armstrong Foundation Application FormFormAndInfoAndMaterialsTxt
Submission DeadlinesNoneSubmissionDeadlinesTxt
Restrictions On AwardsAs stated in the Articles of Incorporation, grant benefits are for programs that serve students with special needs who are, will be, or have been enrolled at the AB Ingham School ( a special needs program administered by the Monterey County Office of Education).RestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (2 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
Christine Marie's STAR Riders
2115 N fremont StreetMontereyCA93940Foundation beneficiaryPCTherapeutic riding for handicapped children$35,000
Josephine Kernes Memorial Pool
15 Portola AveMontereyCA93940Foundation BeneficiaryPCHandicapped exercise$25,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$60,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$1,150ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$18,507ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$19,986ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$39,643ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$39,643TotalIncomeProducingActyAmt

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

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
Amt$795Amt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt
Attorney General Fees$25
Insurance$1,395

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (3 entries)

CategoryCategoryTxtAmtAmt
2020 Federal Tax Due$661
2021 Federal Estimates$1,280
FTB Licenses$65

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