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THE FALCK FOUNDATION INC: Form 990PF, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
THE FALCK FOUNDATION INC (EIN 59-3098588)
Tax period
2021-01-01 to 2021-12-31
Filed
2022-04-21
IRS object ID
202221119349101707
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)
Return2022-04-21T09:36:48-05:00ReturnTs
Tax Period End2021-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN592110180PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1HILLEGASS CHEPENIK & HOOD CPASBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1427 3RD STREET NORTHAddressLine1Txt
CityJACKSONVILLE BEACHCityNm
State AbbreviationFLStateAbbreviationCd
ZIP322507028ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2021-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN593098588EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE FALCK FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlFALCBusinessNameControlTxt
Phone9042002154PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line15224 W STATE ROAD 46 416AddressLine1Txt
CitySANFORDCityNm
State AbbreviationFLStateAbbreviationCd
ZIP32771ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDAPHNE E FRANCPersonNm
Person TitleTRUSTEEPersonTitleTxt
Phone9042460713PhoneNum
Signature2022-04-18SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstDAPHNEPersonFirstNm
Person LastFRANCPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonTERRY J HOODPreparerPersonNm
PTINP01200953PTIN
Phone9042002154PhoneNum
Preparation2022-04-21PreparationDt
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Address ChangeYes (X)AddressChangeInd
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$1,976,738FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$7,000ContriRcvdRevAndExpnssAmt
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Dividends Rev And Expnss$48,068DividendsRevAndExpnssAmt
Dividends Net Invst Incm$48,068DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$119,112NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$173,520GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$74,104CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$174,180TotalRevAndExpnssAmt
Total Net Invst Incm$122,172TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$1,175AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$1,175AccountingFeesNetInvstIncmAmt
Other Expenses Rev And Expnss$18,155OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$17,172OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$19,330TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$18,347TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$80,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$80,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$99,330TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$18,347TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$80,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$74,850ExcessRevenueOverExpensesAmt
Net Investment Income$103,825NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Other Investments BOY$1,579,090OtherInvestmentsBOYAmt
Other Investments EOY$1,653,940OtherInvestmentsEOYAmt
Other Investments EOYFMV$1,976,738OtherInvestmentsEOYFMVAmt
Total Assets BOY$1,579,090TotalAssetsBOYAmt
Total Assets EOY$1,653,940TotalAssetsEOYAmt
Total Assets EOYFMV$1,976,738TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$1,579,090RetainedEarningBOYAmt
Retained Earning EOY$1,653,940RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$1,579,090TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$1,653,940TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$1,579,090TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$1,653,940TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$1,579,090TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$74,850ExcessRevenueOverExpensesAmt
Subtotal$1,653,940SubtotalAmt
Tot Net Ast Or Fund Balances EOY$1,653,940TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

FieldValueIRS element (for citing)
Capital Gain Net Income$74,104CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$1,443InvestmentIncomeExciseTaxAmt
Subtotal$1,443SubtotalAmt
Tax Based On Investment Income$1,443TaxBasedOnInvestmentIncomeAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$22EsPenaltyAmt
Tax Due$1,465TaxDueAmt

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
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 BooksTERRY J HOODIndividualWithBooksNm
Phone9042002154PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line15224 W STATE ROAD 46 416AddressLine1Txt
CitySANFORDCityNm
State AbbreviationFLStateAbbreviationCd
ZIP32771ZIPCd
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 (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
DAPHNE E FRANC
5574 RAMBLEWOOD COURTCOLUMBUSOH43235TRUSTEE000.00$0$0$0
REBECCA F WININGER
5574 RAMBLEWOOD COURTCOLUMBUSOH43235TRUSTEE000.00$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$1,937,654AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$6,962AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$1,944,616TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$1,944,616AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$29,169CashDeemedCharitableAmt
Net Vl Noncharitable Assets$1,915,447NetVlNoncharitableAssetsAmt
Minimum Investment Return$95,772MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$95,772MinimumInvestmentReturnAmt
Tax Based On Investment Income$1,443TaxBasedOnInvestmentIncomeAmt
Total Tax$1,443TotalTaxAmt
Distributable Before Adj$94,329DistributableBeforeAdjAmt
Distributable Before Ded$94,329DistributableBeforeDedAmt
Distributable As Adjusted$94,329DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$80,000ExpensesAndContributionsAmt
Qualifying Distributions$80,000QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$94,329DistributableAsAdjustedAmt
Undistributed Income PY$76,252UndistributedIncomePYAmt
Qualifying Distributions$80,000QualifyingDistributionsAmt
Applied To Year1$76,252AppliedToYear1Amt
Applied To Current Year$3,748AppliedToCurrentYearAmt
Undistributed Income CY$90,581UndistributedIncomeCYAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (2 entries)

Address Line1RecipientUSAddress/AddressLine1TxtAddress Line2RecipientUSAddress/AddressLine2TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
FL SCHOOL-DEAF & BLIND
207 SAN MARCO AVE207 SAN MARCO AVEST AUGUSTINEFL32084NONEDONATION$40,000
SPINAL CORD SOCIETY
19051 COUNTY HIGHWAY19051 COUNTY HIGHWAYFERGUS FALLSMN56537NONEDONATION$40,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$80,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$48,068RelatedOrExemptFunctionIncmAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$119,112RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$167,180RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$167,180TotalIncomeProducingActyAmt

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)
CategoryINDIRECT ACCOUNTING FEESCategoryTxt
Amt$1,175Amt
Net Investment Income$1,175NetInvestmentIncomeAmt

Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch

Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (2 entries)

AssetAssetDescAcquiredAcquiredDtHow AcquiredHowAcquiredTxtSoldSoldDtGross Sales PriceGrossSalesPriceAmtBasisBasisAmtTotal NetTotalNetAmt
COVERED SECURITIES-WELLS FARGO2012-02PURCHASE2021-11$91,526$51,098$40,428
AMERICAN FUNDS-GRTH FUND OF AMERICA2011-03PURCHASE2021-11$7,890$3,310$4,580

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

FieldValueIRS element (for citing)
Category Or ItemMUTUAL FUNDSCategoryOrItemTxt
Listed At Cost Or FMVAT COSTListedAtCostOrFMVCd
Book Value$1,653,940BookValueAmt
EOYFMV$1,976,738EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmt
EXPENSES
BROKERAGE FEES$17,172$17,172
FEDERAL INCOME TAX$983

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