WINGATE FOUNDATION: Form 990PF, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- WINGATE FOUNDATION (EIN 94-3301040)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-07-14
- IRS object ID
- 202211959349100331
- 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
- Form 990-PF
- Accounting Fees Schedule
- Gain Loss Sale Other Assets Sch
- Investments Other Schedule2
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-07-14T15:25:31-05:00 | ReturnTs |
| Tax Period End | 2021-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 330252865 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ROORDA PIQUET & BESSEE INC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3550 VINE ST SUITE 110 | AddressLine1Txt |
| City | RIVERSIDE | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 925074175 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2021-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 943301040 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WINGATE FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | WING | BusinessNameControlTxt |
| Phone | 9518277936 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2451 KNOB HILL DR | AddressLine1Txt |
| City | RIVERSIDE | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 925063436 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | TODD B WINGATE | PersonNm |
| Person Title | SECRETARY | PersonTitleTxt |
| Phone | 9518277936 | PhoneNum |
| Signature | 2022-05-16 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | TODD B | PersonFirstNm |
| Person Last | WINGATE | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | FERNANDO G AYALA JR | PreparerPersonNm |
| PTIN | P01259082 | PTIN |
| Phone | 9516847781 | PhoneNum |
| Preparation | 2022-07-05 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $3,275,623 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $213 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $213 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $173,165 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $173,165 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $31,766 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $617,622 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $60,272 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $149,190 | OtherIncomeRevAndExpnssAmt |
| Total Rev And Expnss | $354,334 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $233,650 | TotalNetInvstIncmAmt |
| Accounting Fees Rev And Expnss | $225 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $225 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $225 | AccountingFeesAdjNetIncmAmt |
| Taxes Rev And Expnss | $46,793 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $46,793 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $46,793 | TaxesAdjNetIncmAmt |
| Other Expenses Rev And Expnss | $26,271 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $26,271 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $26,271 | OtherExpensesAdjNetIncmAmt |
| Tot Opr Expenses Rev And Expnss | $73,289 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $73,289 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $73,289 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $578,695 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $578,695 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $651,984 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $73,289 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $73,289 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $578,695 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$297,650 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $160,361 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $126,229 | CashBOYAmt |
| Cash EOY | $396,430 | CashEOYAmt |
| Cash EOYFMV | $396,430 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $121,318 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $184,136 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $184,136 | SavAndTempCashInvstEOYFMVAmt |
| Other Investments BOY | $2,138,708 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $1,626,221 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $2,695,057 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $1,729,396 | OtherAssetsBOYAmt |
| Other Assets EOY | $1,664,121 | OtherAssetsEOYAmt |
| Total Assets BOY | $4,115,651 | TotalAssetsBOYAmt |
| Total Assets EOY | $3,870,908 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $3,275,623 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $4,151 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $19,250 | AccountsPayableEOYAmt |
| Total Liabilities BOY | $4,151 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $19,250 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $4,111,500 | RetainedEarningBOYAmt |
| Retained Earning EOY | $3,851,658 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $4,111,500 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $3,851,658 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $4,115,651 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $3,870,908 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $4,111,500 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$297,650 | ExcessRevenueOverExpensesAmt |
| Other Increases | $37,808 | OtherIncreasesAmt |
| Subtotal | $3,851,658 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $3,851,658 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $60,272 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $2,229 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $2,229 | SubtotalAmt |
| Tax Based On Investment Income | $2,229 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $1,500 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $1,500 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $3 | EsPenaltyAmt |
| Tax Due | $732 | TaxDueAmt |
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 | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | CA | 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 | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | TODD WINGATE | IndividualWithBooksNm |
| Phone | 9518277936 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2451 KNOB HILL DR | AddressLine1Txt |
| City | RIVERSIDE | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 925063436 | 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 | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| 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 | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 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 |
|---|---|---|---|---|---|---|---|---|
| MICHAEL K BEAM | ||||||||
| 10155 VIA INDIGO | MORENO VALLEY | CA | 92557 | CEO | 000.00 | $0 | $0 | $0 |
| TODD B WINGATE | ||||||||
| 2451 KNOB HILL | RIVERSIDE | CA | 92506 | SECRETARY | 000.00 | $0 | $0 | $0 |
| JIMMY C MANNING | ||||||||
| 1310 E COLTON AVE | REDLANDS | CA | 92374 | CFO | 000.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $2,529,067 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $265,566 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $2,527,000 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $5,321,633 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $5,321,633 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $79,824 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $5,241,809 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $262,090 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $262,090 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $2,229 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $2,229 | TotalTaxAmt |
| Distributable Before Adj | $259,861 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $259,861 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $259,861 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $578,695 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $578,695 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $259,861 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $83,824 | UndistributedIncomePYAmt |
| Qualifying Distributions | $578,695 | QualifyingDistributionsAmt |
| Applied To Year1 | $83,824 | AppliedToYear1Amt |
| Applied To Current Year | $259,861 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $235,010 | RemainingDistriFromCorpusAmt |
| Total Corpus | $235,010 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $235,010 | ExcessDistriCyovToNextYrAmt |
| Excess From Current Year | $235,010 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (6 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| BIG BROTHERSBIG SISTERS | |||||||
| 8880 BENSON AVE | MONCLAIR | CA | 91763 | NONE | 501(C)(3) | SUPPORT | $25,000 |
| PLAN-IT LIFE INC | |||||||
| 6235 RIVER CREST DR STE O | RIVERSIDE | CA | 92507 | NONE | 501(C)(3) | SUPPORT | $10,000 |
| RIVERSIDE ART MUSEUM | |||||||
| 3425 MISSION INN AVE | RIVERSIDE | CA | 92501 | NONE | 501(C)(3) | SUPPORT | $500,000 |
| RIVERSIDE SUNRISE ROTARY | |||||||
| PO BOX 21155 | RIVERSIDE | CA | 92516 | NONE | 501(C)(3) | SUPPORT | $7,500 |
| SAN FRANCISCO BALLET | |||||||
| 455 FRANKLIN STREET | SAN FRANCISCO | CA | 94102 | NONE | 501(C)(3) | INNOVATIVE PROGRAMMING | $16,195 |
| KOPLIN DEL RIO | |||||||
| 6107 13TH AVE S | SEATTLE | WA | 98108 | NONE | 501(C)(3) | ART PRESENTATION | $20,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $578,695 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $39 | ExclusionAmt |
| Related Or Exempt Function Incm | $174 | RelatedOrExemptFunctionIncmAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $173,165 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $31,766 | RelatedOrExemptFunctionIncmAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | GWG LLC | Desc |
| Business | 531120 | BusinessCd |
| Unrelated Business Taxbl Incm | $149,190 | UnrelatedBusinessTaxblIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $149,190 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $173,204 | ExclusionAmt |
| Related Or Exempt Function Incm | $31,940 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $354,334 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | PROFESSIONAL EXPENSES | CategoryTxt |
| Amt | $225 | Amt |
| Net Investment Income | $225 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $225 | AdjustedNetIncomeAmt |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (2 entries)
| AssetAssetDesc | AcquiredAcquiredDt | How AcquiredHowAcquiredTxt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | BasisBasisAmt | Total NetTotalNetAmt |
|---|---|---|---|---|---|---|
| FITBIT INC. | 2016-02 | PURCHASE | 2021-01 | $7,350 | $15,753 | -$8,403 |
| LORD ABBETT | 2010-01 | PURCHASE | 2021-12 | $550,000 | $570,103 | -$20,103 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | SCHWAB INVESTMENT | CategoryOrItemTxt |
| Listed At Cost Or FMV | AT COST | ListedAtCostOrFMVCd |
| Book Value | $1,626,221 | BookValueAmt |
| EOYFMV | $2,695,057 | EOYFMVAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (3 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| GWG, LLC | $1,592,381 | $1,589,741 |
| WINGATE INDUSTRIES | $82,015 | $19,380 |
| ART/FURNITURE | $55,000 | $55,000 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| EXPENSES | |||
| MANAGEMENT FEES | $22,946 | $22,946 | $22,946 |
| OTHER EXPENSES | $1,199 | $1,199 | $1,199 |
| WINGATE INDUSTRIES K-1 | $2,126 | $2,126 | $2,126 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | GWG LLC | Desc |
| Revenue And Expenses Per Books | $149,190 | RevenueAndExpensesPerBooksAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | TIMING DIFFERENCES | Desc |
| Amt | $37,808 | Amt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (6 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| CALIF FORM 109 TAX | $12,102 | $12,102 | $12,102 |
| CALIF TAX-OTHER | $4 | $4 | $4 |
| FEDERAL 990-T | $31,120 | $31,120 | $31,120 |
| FEDERAL EXCISE TAX | $2,229 | $2,229 | $2,229 |
| FOREIGN TAXES PAID | $1,328 | $1,328 | $1,328 |
| CALIF SEC OF STATE | $10 | $10 | $10 |
Comments