BETA

SBMT CHARITABLE TR: Form 990PF, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
SBMT CHARITABLE TR (EIN 65-6312009)
Tax period
2021-01-01 to 2021-12-31
Filed
2022-06-03
IRS object ID
202211549349100706
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)
Return2022-06-03T14:53:17-05:00ReturnTs
Tax Period End2021-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN273730117PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1WILLIAM WEBB & ASSOCIATES LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1404 E ATLANTIC BLVDAddressLine1Txt
CityPOMPANO BEACHCityNm
State AbbreviationFLStateAbbreviationCd
ZIP33060ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2021-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN656312009EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1SBMT CHARITABLE TRUSTBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlSBMTBusinessNameControlTxt
Phone9549415533PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12211 EAST SAMPLE ROAD 104AddressLine1Txt
CityLIGHTHOUSE POINTCityNm
State AbbreviationFLStateAbbreviationCd
ZIP33064ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDANIEL J TRUNKPersonNm
Person TitleTRUSTEE-ADVISORY BRDPersonTitleTxt
Phone9549415533PhoneNum
Signature2022-06-01SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstDANIELPersonFirstNm
Person LastTRUNKPersonLastNm
FieldValueIRS element (for citing)
SSN990009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJACK F CRISSY CPAPreparerPersonNm
PTINP00187753PTIN
Phone9547825250PhoneNum
Preparation2022-06-01PreparationDt
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$1,375,905FMVAssetsEOYAmt
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$11InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$11InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$11InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss$22,567DividendsRevAndExpnssAmt
Dividends Net Invst Incm$22,567DividendsNetInvstIncmAmt
Dividends Adj Net Incm$22,567DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss$33,678NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$256,063GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$16,520CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss$264OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm$264OtherIncomeNetInvstIncmAmt
Other Income Adj Net Incm$264OtherIncomeAdjNetIncmAmt
Total Rev And Expnss$56,520TotalRevAndExpnssAmt
Total Net Invst Incm$39,362TotalNetInvstIncmAmt
Total Adj Net Incm$22,842TotalAdjNetIncmAmt
Legal Fees Rev And Expnss$2,310LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm$2,310LegalFeesNetInvstIncmAmt
Accounting Fees Rev And Expnss$225AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$225AccountingFeesNetInvstIncmAmt
Taxes Rev And Expnss$2,009TaxesRevAndExpnssAmt
Taxes Net Invst Incm$2,009TaxesNetInvstIncmAmt
Other Expenses Rev And Expnss$7,256OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$7,256OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$11,800TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$11,800TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$75,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$75,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$86,800TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$11,800TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$75,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$30,280ExcessRevenueOverExpensesAmt
Net Investment Income$27,562NetInvestmentIncomeAmt
Adjusted Net Income$22,842AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$2CashBOYAmt
Cash EOY$3CashEOYAmt
Sav And Temp Cash Invst BOY$134,610SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$35,419SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$35,419SavAndTempCashInvstEOYFMVAmt
Prepaid Expenses EOY$2,750PrepaidExpensesEOYAmt
Prepaid Expenses EOYFMV$2,750PrepaidExpensesEOYFMVAmt
Corporate Stock BOY$571,771CorporateStockBOYAmt
Corporate Stock EOY$637,931CorporateStockEOYAmt
Corporate Stock EOYFMV$812,914CorporateStockEOYFMVAmt
Corporate Bonds BOY$534,848CorporateBondsBOYAmt
Corporate Bonds EOY$534,848CorporateBondsEOYAmt
Corporate Bonds EOYFMV$524,822CorporateBondsEOYFMVAmt
Total Assets BOY$1,241,231TotalAssetsBOYAmt
Total Assets EOY$1,210,951TotalAssetsEOYAmt
Total Assets EOYFMV$1,375,905TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$1,241,231RetainedEarningBOYAmt
Retained Earning EOY$1,210,951RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$1,241,231TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$1,210,951TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$1,241,231TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$1,210,951TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$1,241,231TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$30,280ExcessRevenueOverExpensesAmt
Subtotal$1,210,951SubtotalAmt
Tot Net Ast Or Fund Balances EOY$1,210,951TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

FieldValueIRS element (for citing)
Capital Gain Net Income$16,520CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$383InvestmentIncomeExciseTaxAmt
Subtotal$383SubtotalAmt
Tax Based On Investment Income$383TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$2,750EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$2,750TotalPaymentsAndCreditsAmt
Overpayment$2,367OverpaymentAmt
Applied To ES Tax$2,367AppliedToESTaxAmt

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 StateFLOrgReportOrRegisterStateCd
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
Individual With BooksDANIEL J TRUNKIndividualWithBooksNm
Phone9549415533PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line11420 CORMORANT ROADAddressLine1Txt
CityDELRAY BEACHCityNm
State AbbreviationFLStateAbbreviationCd
ZIP33441ZIPCd
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
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 (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
DANIEL J TRUNK
1420 CORMORANT ROADDELRAY BEACHFL33441TRUSTEE-ADVI1.00$0$0$0
JESSICA S TRUNK
C/O 2211 EAST SAMPLE ROAD 104LIGHTHOUSE POINTFL33064TRUSTEE-ADVI1.00$0$0$0
JOHN B BENTON
C/O 2211 EAST SAMPLE ROAD 104LIGHTHOUSE POINTFL33064TRUSTEE-ADVI1.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$1,222,178AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$85,015AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$1,307,193TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$1,307,193AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$19,608CashDeemedCharitableAmt
Net Vl Noncharitable Assets$1,287,585NetVlNoncharitableAssetsAmt
Minimum Investment Return$64,379MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$64,379MinimumInvestmentReturnAmt
Tax Based On Investment Income$383TaxBasedOnInvestmentIncomeAmt
Total Tax$383TotalTaxAmt
Distributable Before Adj$63,996DistributableBeforeAdjAmt
Distributable Before Ded$63,996DistributableBeforeDedAmt
Distributable As Adjusted$63,996DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$75,000ExpensesAndContributionsAmt
Qualifying Distributions$75,000QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$63,996DistributableAsAdjustedAmt
Excess Distribution Cyov Yr3$28,397ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$18,729ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$12,494ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$59,620TotalExcessDistributionCyovAmt
Qualifying Distributions$75,000QualifyingDistributionsAmt
Applied To Current Year$63,996AppliedToCurrentYearAmt
Remaining Distri From Corpus$11,004RemainingDistriFromCorpusAmt
Total Corpus$70,624TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$70,624ExcessDistriCyovToNextYrAmt
Excess From Year3$28,397ExcessFromYear3Amt
Excess From Year2$18,729ExcessFromYear2Amt
Excess From Year1$12,494ExcessFromYear1Amt
Excess From Current Year$11,004ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (4 entries)

Address Line1RecipientUSAddress/AddressLine1TxtAddress Line2RecipientUSAddress/AddressLine2TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
SURFAID INTERNATIONAL USA
191 CALLE MAGDALENASUITE 290ENCINITASCA92024NONETAX EXEMPTPROVIDE FINANCIAL SUPPORT$30,000
THE PIARIST SCHOOL
HIGHWAY 80BOX 870MARTINKY41649NONETAX EXEMPTPROVIDE FINANCIAL SUPPORT$15,000
BOCA HELPING HANDS
1500 NW 1ST COURTBOCA RATONFL33432NONETAX EXEMPTPROVIDE FINANCIAL SUPPORT$15,000
TRUSTBRIDGE FOUNDATION
5300 EAST AVENUEWEST PALM BEACHFL33407NONETAX-EXEMPTPROVIDE FINANCIAL SUPPORT$15,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$75,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$11ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$22,567ExclusionAmt

Other Investment Income OtherInvestmentIncomeGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$264ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$16,520ExclusionAmt
Related Or Exempt Function Incm$17,158RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$39,362ExclusionAmt
Related Or Exempt Function Incm$17,158RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$56,520TotalIncomeProducingActyAmt

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)
CategoryTAX SERVICE FEESCategoryTxt
Amt$225Amt
Net Investment Income$225NetInvestmentIncomeAmt

Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch

Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (4 entries)

AssetAssetDescHow AcquiredHowAcquiredTxtGross Sales PriceGrossSalesPriceAmtBasisBasisAmtTotal NetTotalNetAmt
SEE ATTACHED - FIFTH THIRD BANKPURCHASE$207,368$205,914$1,454
SEE ATTACHED - FIFTH THIRD BANKPURCHASE$2,804$2,429$375
SEE ATTACHED - FIFTH THIRD BANKPURCHASE$25,709$14,042$11,667
BNY MELONPURCHASE$3,662$3,662

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp

FieldValueIRS element (for citing)
BondSEE ATTACHED SCHEDULEBondNm
EOY Book Value$534,848EOYBookValueAmt
EOYFMV$524,822EOYFMVAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockSEE ATTACHED SCHEDULEStockNm
EOY Book Value$637,931EOYBookValueAmt
EOYFMV$812,914EOYFMVAmt

Land Etc Schedule2 LandEtcSchedule2

Land Etc LandEtcGrp

FieldValueIRS element (for citing)
Category Or ItemPROPERTYCategoryOrItemTxt

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

FieldValueIRS element (for citing)
CategoryLAW OFFICES OF LARRY F. WITTE P.CategoryTxt
Legal Fees$2,310LegalFeesAmt
Net Investment Income$2,310NetInvestmentIncomeAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmt
EXPENSES
INVESTMENT MANAGEMENT FEES$7,256$7,256

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

FieldValueIRS element (for citing)
DescNON-DIVIDEND DISTRIBUTIONSDesc
Revenue And Expenses Per Books$264RevenueAndExpensesPerBooksAmt
Net Investment Income$264NetInvestmentIncomeAmt
Adjusted Net Income$264AdjustedNetIncomeAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmt
FOREIGN DIVIDEND TAXES WITHHELD$301$301
FEDERAL EXCISE TAXES PAID$1,708$1,708

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