MENTORS: Form 990PF, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- MENTORS (EIN 46-1308435)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-03-03
- IRS object ID
- 202220629349100122
- Schema version
- 2021v4.1
- 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
- Form 990-PF
- Accounting Fees Schedule
- Expenditure Responsibility Stmt
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Legal Fees 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 | 2022-03-03T16:04:44-06:00 | ReturnTs |
| Tax Period End | 2021-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 910189318 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MOSS ADAMS LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6565 AMERICAS PARKWAY NE STE 600 | AddressLine1Txt |
| City | ALBUQUERQUE | CityNm |
| State Abbreviation | NM | StateAbbreviationCd |
| ZIP | 87110 | 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 | 461308435 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MENTORS | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MENT | BusinessNameControlTxt |
| Phone | 5054007032 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 774-10 MAY BLVD 393 | AddressLine1Txt |
| City | INCLINE VILLAGE | CityNm |
| State Abbreviation | NV | StateAbbreviationCd |
| ZIP | 894519613 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MICHAEL WHITESAGE | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 5054007032 | PhoneNum |
| Signature | 2022-03-02 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | MICHAEL | PersonFirstNm |
| Person Last | WHITESAGE | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | PAMELA ALEXANDERSON | PreparerPersonNm |
| PTIN | P01218925 | PTIN |
| Phone | 5058787200 | PhoneNum |
| Preparation | 2022-03-02 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| 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 | $21,095,798 | FMVAssetsEOYAmt |
| Method Of Accounting Other | Yes (X) | MethodOfAccountingOtherInd |
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 | $28 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $28 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $28 | InterestOnSavingsAdjNetIncmAmt |
| Dividends Rev And Expnss | $159,974 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $157,788 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $157,788 | DividendsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $3,169,473 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $8,628,204 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $3,349,776 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $134,415 | NetSTCapitalGainAdjNetIncmAmt |
| Other Income Rev And Expnss | $1,250 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $0 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $0 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $3,330,725 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $3,507,592 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $292,231 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $170,708 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $0 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $170,708 | CompOfcrDirTrstDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $23,059 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $0 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Adj Net Incm | $0 | PensionEmplBnftAdjNetIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $23,059 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $339 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $339 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $0 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $4,585 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $2,292 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $2,292 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $327,931 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $327,931 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $327,931 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $2,639 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $0 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $2,639 | TaxesDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $4,395 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Adj Net Incm | $0 | TravConfMeetingAdjNetIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $4,395 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $12,386 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $0 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $12,386 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $546,042 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $330,562 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $327,931 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $215,479 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $422,374 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $422,374 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $968,416 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $330,562 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $327,931 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $637,853 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $2,362,309 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $3,177,030 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $154,718 | CashBOYAmt |
| Cash EOY | $79,833 | CashEOYAmt |
| Cash EOYFMV | $79,833 | CashEOYFMVAmt |
| Corporate Stock BOY | $6,979,829 | CorporateStockBOYAmt |
| Corporate Stock EOY | $10,704,711 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $10,704,711 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $5,753,927 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $5,804,041 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $5,804,041 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $3,180,321 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $4,507,213 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $4,507,213 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $16,068,795 | TotalAssetsBOYAmt |
| Total Assets EOY | $21,095,798 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $21,095,798 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $16,068,795 | RetainedEarningBOYAmt |
| Retained Earning EOY | $21,095,798 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $16,068,795 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $21,095,798 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $16,068,795 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $21,095,798 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $16,068,795 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $2,362,309 | ExcessRevenueOverExpensesAmt |
| Other Increases | $2,664,694 | OtherIncreasesAmt |
| Subtotal | $21,095,798 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $21,095,798 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (9 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|
| INVESCO QQQ-ST | $2,250,040 | $2,154,606 | $95,434 | $95,434 | |
| SPDR S&P 500 ETF TRUST | $38,981 | $38,981 | $38,981 | ||
| ISHARES TRUST IBOXX | $318,497 | $296,388 | $22,109 | $22,109 | |
| ISHARES TRUST 20 YR | $1,109,489 | $1,014,448 | $95,041 | $95,041 | |
| ISHARES TRUST MBS | $533,950 | $528,285 | $5,665 | $5,665 | |
| INVESCO QQQ-LT | $726,299 | $316,611 | $409,688 | $409,688 | |
| SPDR S&P 500 ETF TRUST | $3,642,716 | $968,090 | $2,674,626 | $2,674,626 | |
| TD AMERITRADE #1386 CAPITAL GAIN DISTRIBUTION | $8,232 | $8,232 | $8,232 | ||
| ADJUSTMENT FOR TD AMERITRADE TAX | $0 | $0 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $3,349,776 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $134,415 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $44,161 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $44,161 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $44,161 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $4,080 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $4,080 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Tax Due | $40,081 | TaxDueAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | NV | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | Yes (1) | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | WWW.MENTORSFOUND.COM | WebsiteAddressTxt |
| Individual With Books | ANNALEE BURNS | IndividualWithBooksNm |
| Phone | 5056816137 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 774-10 MAY BLVD SUITE 393 | AddressLine1Txt |
| City | INCLINE VILLAGE | CityNm |
| State Abbreviation | NV | StateAbbreviationCd |
| ZIP | 894519613 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | 0 | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | Yes (1) | MaintainedExpenditureRspnsInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MICHAEL WHITESAGE | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 774 MAYS 10 SUITE 393 | AddressLine1Txt |
| City | INCLINE VILLAGE | CityNm |
| State Abbreviation | NV | StateAbbreviationCd |
| ZIP | 89451 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | PRESIDENT/SECRETARY/TREASURER | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 3.00 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $0 | CompensationAmt |
| Employee Benefit Program | $0 | EmployeeBenefitProgramAmt |
| Expense Account Other Allwnc | $0 | ExpenseAccountOtherAllwncAmt |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee BenefitsEmployeeBenefitsAmt | Expense AccountExpenseAccountAmt |
|---|---|---|---|---|---|---|---|---|
| MARILYN MECHAM | ||||||||
| 1215 CAMPFIRE CIRCLE | LINCOLN | NE | 68512 | EXECUTIVE DIRECTOR | 40.00 | $108,508 | $3,660 | $0 |
| RACHEL WENDEL | ||||||||
| 32742 ALIPAZ ST 113 | SAN JUAN | CA | 92675 | ASSISTANT | 40.00 | $62,200 | $2,168 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | MENTORS PROVIDES GRANTS, SCHOLARSHIPS AND SUPPORT/MENTORING TO THOSE WHO WOULD OTHERWISE HAVE NO ACCESS TO FINANCIAL OR MENTORSHIP SERVICES TO FURTHER THEIR EDUCATION OR PROFESSIONAL DEVELOPMENT GOALS. MENTORS HAS A WELL-CONSTRUCTED PROGRAM THROUGH WHICH MENTORS AND MENTEES WORK TOGETHER FROM THE APPLICATION/NOMINATION PROCESS THROUGH THE COMPLETION OF THE WORK PLAN. MENTORS FOUNDATION STAFF AND THE MENTORS MAINTAIN CONSISTENT, DIRECT INVOLVEMENT WITH THE MENTEES THROUGHOUT THE FUNDED PERIOD. BOTH THE MENTORS AND THE MENTEES HAVE PROGRAM REQUIREMENTS THAT INVOLVE CONSISTENT CONTACT, SUPPORT, AS WELL AS REPORTING REQUIREMENTS TO THE MENTORS EXECUTIVE DIRECTOR IN ORDER TO ENSURE ACCOUNTABILITY AND ADHERENCE TO THE PROGRAM. MENTORS FOUNDATION IS A PARTNERSHIP WITH SHARED RESPONSIBILITIES BETWEEN THE MENTEE, THE MENTOR, AND THE FOUNDATION. | Description1Txt |
| Expenses1 | $635,214 | Expenses1Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $18,033,496 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $244,137 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $18,277,633 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $18,277,633 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $274,164 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $18,003,469 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $900,173 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sect4942j3j5 Fndtn And Frgn Org | Yes (X) | Sect4942j3j5FndtnAndFrgnOrgInd |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $637,853 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $637,853 | QualifyingDistributionsAmt |
Private Operating Foundations PrivateOperatingFoundationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Fndtn Ruling | 2021-04-16 | PrivateOperatingFndtnRulingDt |
| Section4942j3 | Yes (X) | Section4942j3Ind |
Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $0 | CurrentYearAmt |
| Year1 | $296,096 | Year1Amt |
| Year2 | $354,703 | Year2Amt |
| Year3 | $220,511 | Year3Amt |
| Total | $871,310 | TotalAmt |
Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $0 | CurrentYearAmt |
| Year1 | $251,682 | Year1Amt |
| Year2 | $301,498 | Year2Amt |
| Year3 | $187,434 | Year3Amt |
| Total | $740,614 | TotalAmt |
Qualifying Distributions QualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $637,853 | CurrentYearAmt |
| Year1 | $445,552 | Year1Amt |
| Year2 | $413,335 | Year2Amt |
| Year3 | $341,712 | Year3Amt |
| Total | $1,838,452 | TotalAmt |
Qualifying Distri Not Used Drt QualifyingDistriNotUsedDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $0 | CurrentYearAmt |
| Year1 | $0 | Year1Amt |
| Year2 | $0 | Year2Amt |
| Year3 | $0 | Year3Amt |
| Total | $0 | TotalAmt |
Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $637,853 | CurrentYearAmt |
| Year1 | $445,552 | Year1Amt |
| Year2 | $413,335 | Year2Amt |
| Year3 | $341,712 | Year3Amt |
| Total | $1,838,452 | TotalAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total Assets Sect4942j3 Bi TotalAssetsSect4942j3BiGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $600,115 | CurrentYearAmt |
| Year1 | $410,790 | Year1Amt |
| Year2 | $338,112 | Year2Amt |
| Year3 | $295,133 | Year3Amt |
| Total | $1,644,150 | TotalAmt |
Total Support TotalSupportGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Public Support Type PublicSupportType
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Largest Support From EO LargestSupportFromEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Gross Investment Income GrossInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | MICHAEL WHITESAGE | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | MARILYN MECHAM | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 774-10 MAY BLVD SUITE 393 | AddressLine1Txt |
| City | INCLINE VILLAGE | CityNm |
| State Abbreviation | NV | StateAbbreviationCd |
| ZIP | 89451 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 4022022005 | RecipientPhoneNum |
| Recipient Email Address | MECHAM5@HOTMAIL.COM | RecipientEmailAddressTxt |
| Form And Info And Materials | APPLICATIONS SHOULD BE SUBMITTED VIA THE MENTORS WEBSITE AND SHOULD INCLUDE THE APPLICANTS NAME, ADDRESS, WHO NOMINATED THEM, WHY THEY WISH TO OBTAIN FUNDING FROM MENTORS AND HOW THEY PLAN TO GIVE BACK TO THE MENTORS PROGRAM THROUGH VOLUNTEERING AND MENTORSHIP TO OTHERS. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | APPLICATIONS AND NOMINATIONS ARE ACCEPTED ON A CONTINUAL BASIS THROUGH DECEMBER 15TH EACH YEAR. | SubmissionDeadlinesTxt |
| Restrictions On Awards | TO BE CONSIDERED, BOTH AN APPLICATION AND A NOMINATION (FROM A MENTOR) MUST BE SUBMITTED. APPLICANTS MUST PROVE THAT FUNDING FROM MENTORS WOULD HELP THEM BECOME SELF-SUFFICIENT. AWARDS ARE GIVEN TO AN INDIVIDUAL OR TO AN EDUCATIONAL INSTITUTION DIRECTED TO THE APPLICANT'S STUDENT ACCOUNT. ANYONE SEEKING FUNDING FOR EDUCATION MUST PROVIDE THEIR STUDENT ID INFORMATION FROM THE COLLEGE/UNIVERSITY. MENTORS HAS NO RESTRICTIONS ON GEOGRAPHICAL AREA, RACE, RELIGIONS, GENDER, OR AGE. | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (43 entries)
| Address Line1RecipientForeignAddress/AddressLine1Txt | Province Or StateRecipientForeignAddress/ProvinceOrStateNm | CountryRecipientForeignAddress/CountryCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | CityRecipientForeignAddress/CityNm | Foreign PostalRecipientForeignAddress/ForeignPostalCd |
|---|---|---|---|---|---|---|---|---|---|---|---|
| UNITED ACTION FOR CHILDREN | |||||||||||
| PO BOX 177 MUYUKA | SWP | CM | PC | PROGRAM SCHOLARSHIPS | $15,000 | ||||||
| YUKI OCHI | |||||||||||
| I | SCHOLARSHIP | $1,500 | 12345 COLLEGE BLVD | OVERLAND PARK | KS | 66210 | |||||
| STRATEGIC KIDS FUND | |||||||||||
| PC | NON-PROFIT START-UP EXPENSES, ONLINE QUESTS | $10,000 | 26941 CABOT ROAD | LAGUNA NIGUEL | CA | 92690 | |||||
| GARY PIERRE | |||||||||||
| I | SCHOLARSHIP | $5,185 | 1235 UNIVERSITY BLVD | STEUBENVILLE | OH | 43952 | |||||
| BILLY GASPARD PRESUME | |||||||||||
| I | SCHOLARSHIP | $4,853 | 1235 UNIVERSITY BLVD | STEUBENVILLE | OH | 43952 | |||||
| CHARLES MEYER | |||||||||||
| 1 UNIVERSITY OF NM | NEW MEXICO | GM | I | SCHOLARSHIP | $2,200 | ALBUQUERQUE | 87131 | ||||
| CHARLES MEYER | |||||||||||
| 1 UNIVERSITY OF NM | NEW MEXICO | GM | I | CAMERA FOR ART PROGRAM | $1,000 | ALBUQUERQUE | 87131 | ||||
| LAPID LEADERS | |||||||||||
| PO BOX 44599-00100 | KE | NC | PROGRAM SCHOLARSHIPS | $27,000 | NAIROBI | ||||||
| LEGAL AID | |||||||||||
| PC | LEGAL AID SPONSORSHIPS (10 BANKRUPTCY, 10 MEDICAL, 10 NAME CHANGE) | $7,500 | 209 SOUTH 19TH STREET SUITE 200 | OMAHA | NE | 68102 | |||||
| DEBATE KANSAS CITY | |||||||||||
| PC | PROGRAM SCHOLARSHIPS | $15,000 | 5100 ROCKHILL ROAD | KANSAS CITY | MO | 69131 | |||||
| ENGLISH LANGUAGE LEARNERS AT HOME | |||||||||||
| PC | PROGRAM SCHOLARSHIPS | $10,000 | 1894 E WILLIAM STREET 4-125 | CARSON CITY | NV | 89701 | |||||
| ERICA CALIBRASKA | |||||||||||
| I | 10 SUMMER ANIMATION SCHOLARSHIPS, 4 SUMMER INTERNSHIPS, 15 STUDENT ANIMATION KITS | $9,800 | 30651 ARLINGTON STREET | VERDE | CA | 91384 | |||||
| CHRISTOPHER JONES | |||||||||||
| I | LAUNCH SCHOOL SCHOLARSHIP AND COMPUTER | $3,000 | 4558 MATICH DRIVE | RENO | NV | 89502 | |||||
| STRATEGIC KIDS FUND | |||||||||||
| PC | PROGRAM SUMMER SCHOLARSHIPS | $15,000 | 26941 CABOT ROAD | LAGUNA NIGUEL | CA | 92690 | |||||
| MIDORI WALL | |||||||||||
| I | MARKETING MATERIALS | $3,750 | 5840 COYOTE RIDGE | RENO | NV | 89501 | |||||
| TEAMMATES | |||||||||||
| PC | EDUCATIONAL SUCCESS EMERGENCY AID FUND | $10,000 | 11850 NICHOLAS STREET | OMAHA | NE | 68154 | |||||
| HUMANE SOCIETY | |||||||||||
| PC | VETERNARY SCHOOL FELLOWSHIP | $7,000 | 2329 PARK BOULEVARD | LINCOLN | NE | 68502 | |||||
| HUMANE SOCIETY | |||||||||||
| PC | VETERNARY SCHOOL FELLOWSHIP | $7,000 | 2329 PARK BOULEVARD | LINCOLN | NE | 68502 | |||||
| TEAMMATES | |||||||||||
| PC | NEW TEAMMATES SCHOOL STARTUP LOCATIONS | $30,000 | 11850 NICHOLAS STREET | OMAHA | NE | 68154 | |||||
| INNER-CITY ARTS | |||||||||||
| PC | INTERNSHIPS AND CAREER DEVELOPMENT/LEADERSHIP TRAINING | $20,000 | 720 KOHLER STREET | LOS ANGELES | CA | 91384 | |||||
| MANGER BAW | |||||||||||
| I | COMPUTER,BACKUP, AND SOFTWARE FOR NON-PROFIT START-UP | $2,000 | 2922 N 54TH STREET APT 10 | OMAHA | NE | 68104 | |||||
| UNITED ACTION FOR CHILDREN | |||||||||||
| PO BOX 177 MUYUKA | SWP | CM | PC | PROGRAM EDUCATIONAL TOOLS AND EQUIPMENT | $15,000 | ||||||
| DONAVON NAI EMELIANO | |||||||||||
| I | GCU SCHOLARSHIP | $7,500 | PO BOX 11590 | PHOENIX | AZ | 85061 | |||||
| ANDREW DREW KRAL | |||||||||||
| I | COLORADO CHRISTIAN UNIVERSITY | $10,000 | 8787 W ALAMEDA AVENUE | LAKEWOOD | CO | 80226 | |||||
| HOPE JOHNSON | |||||||||||
| I | MASTER OF PUBLIC HEALTH EPIDEMIOLOGY CONCENTRATED PROGRAM | $3,400 | 878 CORONADO RD | CORRALES | NM | 87048 | |||||
| ADAM MELHEM | |||||||||||
| I | STERLING COLLEGE SCHOLARSHIP | $10,000 | 124 W COOPER AVENUE | STERLING | KS | 67579 | |||||
| BRIANNNA ARGUELLO | |||||||||||
| I | CITADEL MILITARY COLLEGE & HOUSING | $8,206 | 171 MOULTRIE STREET | CHARLESTON | SC | 29409 | |||||
| YUKI OCHI | |||||||||||
| I | SCHOLARSHIP | $1,500 | 12345 COLLEGE BLVD | OVERLAND PARK | KS | 66210 | |||||
| RAEANNE KING | |||||||||||
| I | SHENANDOAH UNIVERSITY SCHOLARSHIP | $10,000 | 1460 UNIVERSITY DRIVE | WINCHESTER | VA | 22601 | |||||
| GREEN OUR PLANET | |||||||||||
| PC | 4 SCHOOL STARTUP | $20,000 | 6991 WEDGEWOOD WAY | LAS VEGAS | NV | 89147 | |||||
| GABRIEL HENRY | |||||||||||
| I | MESSIAH COLLEGE SCHOLARSHIP | $14,000 | 1 UNIVERSITY AVE SUITE 3006 | MECHANICSBURG | PA | 17055 | |||||
| ASPEN JOHNSON | |||||||||||
| I | A.T. STILL UNIVERSITY, PHYSICAL THERAPY DOCTORATE SCHOLARSHIP | $7,000 | 878 CORONADO ROAD | CORRALES | NM | 85226 | |||||
| GARY PIERRE | |||||||||||
| I | FRANSISCAN UNIVERSITY SCHOLARSHIP | $3,650 | 1235 UNIVERSITY BLVD | STEUBENVILLE | OH | 43952 | |||||
| BILLY GASPARD PRESUME | |||||||||||
| I | FRANSISCAN UNIVERSITY SCHOLARSHIP | $4,830 | 1235 UNIVERSITY BLVD | STEUBENVILLE | OH | 43952 | |||||
| COLLEGE POSSIBLE | |||||||||||
| PC | OMAHA LOCATION SCHOLARSHIPS | $10,000 | 900 SOUTH 74TH PLAZA | OMAHA | NE | 68114 | |||||
| UNITED ACTION FOR CHILDREN | |||||||||||
| PO BOX 177 MUYUKA | SWP | CM | PC | STUDENT SUPPORT MATERIALS | $20,000 | ||||||
| ENGLISH LANGUAGE LEARNERS AT HOME | |||||||||||
| PC | TRAINING FOR 130 ESL TUTORS | $19,500 | 1894 E WILLIAM STREET 4-125 | CARSON CITY | NV | 89701 | |||||
| DEBATE KANSAS CITY | |||||||||||
| PC | 20 SCHOLARSHIPS | $10,000 | 5100 ROCKHILL ROAD | KANSAS CITY | MO | 69131 | |||||
| CHARLES MEYER | |||||||||||
| 1 UNIVERSITY OF NM | NEW MEXICO | GM | I | SCHOLARSHIP - ROOM AND BOARD | $3,000 | ALBUQUERQUE | 87131 | ||||
| OPPORTUNITY ALLIANCE OF NEVADA | |||||||||||
| PC | $100 X 100 FINANCIAL LITERACY SCHOLARSHIPS | $10,000 | 316 CALIFORNIA AVENUE 5 | RENO | NV | 89509 | |||||
| STRATEGIC KIDS FUND | |||||||||||
| PC | 3 SCHOOL SCHOLARSHIPS | $10,500 | 26941 CABOT ROAD | LAGUNA NIGUEL | CA | 92690 | |||||
| DONAVON NAI EMELIANO | |||||||||||
| I | GCU SCHOLARSHIP | $7,500 | PO BOX 11590 | PHOENIX | AZ | 85061 | |||||
| RAEANNE KING | |||||||||||
| I | SHENANDOAH UNIVERSITY SCHOLARSHIP | $10,000 | 1460 UNIVERSITY DRIVE | WINCHESTER | VA | 22601 | |||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $422,374 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $28 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $159,974 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $3,169,473 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | GRANT REFUND | Desc |
| Related Or Exempt Function Incm | $1,250 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $3,329,475 | ExclusionAmt |
| Related Or Exempt Function Incm | $1,250 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $3,330,725 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Line Number | 11A | LineNumberTxt |
| Relationship Statement | REFUND OF PRIOR YEAR GRANT RELATED TO EXEMPT EDUCATIONAL PURPOSES | RelationshipStatementTxt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $4,585 | Amt |
| Net Investment Income | $2,292 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $2,292 | DisbursementsCharitablePrpsAmt |
Expenditure Responsibility Stmt ExpenditureResponsibilityStmt
Expenditure Responsibility ExpenditureResponsibilityGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LAPID LEADERS OF AFRICA | BusinessNameLine1Txt |
Foreign Address ForeignAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 102097 | AddressLine1Txt |
| Province Or State | NAIROBI | ProvinceOrStateNm |
| Country | KE | CountryCd |
| Foreign Postal | 00101 | ForeignPostalCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant | 2021-03-15 | GrantDt |
| Grant | $27,000 | GrantAmt |
| Purpose Of Grant | TO PROVIDE PROFESSIONAL/VOCATIONAL $1350 SCHOLARSHIPS TO 20 STUDENTS. | PurposeOfGrantTxt |
| Expended By Grantee | $27,000 | ExpendedByGranteeAmt |
| Dates Of Reports By Grantee | APRIL 6, 2021 OCTOBER 19, 2021 JANUARY 23, 2022 | DatesOfReportsByGranteeTxt |
| Verification | 2022-01-23 | VerificationDt |
| Results Of Verification | REPORTS ARE VERIFIED UPON RECEIPT. GRANTEE EXCEEDED EXPECTED OUTCOMES AS SPECIFIED ON THE APPLICATION AND NOMINATION FORMS. | ResultsOfVerificationTxt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (4 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| ISHARES CORE US AGGBD ET ETF | $262,384 | $262,384 |
| ISHARES IBOXX INV CP ETF | $987,274 | $987,274 |
| ISHARES TRUST MBS | $1,385,847 | $1,385,847 |
| VANGUARD SHORT TRM BOND | $3,168,536 | $3,168,536 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (5 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| DELTA AIR LINES INC COM | $156,320 | $156,320 |
| INVESCO QQQ TRUST UNIT SER 1 ETF | $2,029,035 | $2,029,035 |
| PROSHARES TRUST ULTRPRO | $1,434,064 | $1,434,064 |
| SOUTHWEST AIRLINES CO | $578,340 | $578,340 |
| SPDR S&P500 ETF TRUST TR UNIT ETF | $6,506,952 | $6,506,952 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (2 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| INVESCO QQQ TRUST | AT COST | $2,319,570 | $2,319,570 |
| SPDR S&P500 ETF TRUST | AT COST | $2,187,643 | $2,187,643 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $339 | LegalFeesAmt |
| Net Investment Income | $339 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| INSURANCE | $3,746 | $0 | $0 | $3,746 |
| PAYROLL PROCESSING | $1,355 | $0 | $0 | $1,355 |
| OPERATION EXPENSES | $5,667 | $0 | $0 | $5,667 |
| ADVERTISING EXPENSES | $1,618 | $0 | $0 | $1,618 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | GRANT REFUND | Desc |
| Revenue And Expenses Per Books | $1,250 | RevenueAndExpensesPerBooksAmt |
| Adjusted Net Income | $1,250 | AdjustedNetIncomeAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED GAIN | Desc |
| Amt | $2,664,694 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | MANAGEMENT FEES | CategoryTxt |
| Amt | $327,931 | Amt |
| Net Investment Income | $327,931 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $327,931 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | TAX ON INVESTMENT INCOME | CategoryTxt |
| Amt | $2,639 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $2,639 | DisbursementsCharitablePrpsAmt |
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