DEERBROOK CHARITABLE TRUST: Form 990PF, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- DEERBROOK CHARITABLE TRUST (EIN 20-6257418)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-05-02
- IRS object ID
- 202221229349100707
- Schema version
- 2021v4.2
- 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
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Other Expenses Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-05-02T13:11:21-05:00 | ReturnTs |
| Tax Period End | 2021-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 132792165 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BESSEMER TRUST COMPANY NA | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1225 FRANKLIN AVENUE | AddressLine1Txt |
| City | GARDEN CITY | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11530 | 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 | 206257418 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DEERBROOK CHARITABLE TRUST | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | DEER | BusinessNameControlTxt |
| Phone | 5165089623 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | CO BESSEMER TR 1271 AVE OF THE AM | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10020 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | H LAWRENCE CLARK | PersonNm |
| Person Title | CO-TRUSTEE | PersonTitleTxt |
| Phone | 5169089623 | PhoneNum |
| Signature | 2022-05-02 | SignatureDt |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | H | PersonFirstNm |
| Person Last | LAWRENCE CLARK | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | CHRISTIE DONOGHUE | PreparerPersonNm |
| PTIN | P02083647 | PTIN |
| Phone | 5165089623 | PhoneNum |
| Preparation | 2022-05-02 | 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 | $33,619,621 | 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 | $166,130 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $166,130 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $313,889 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $314,964 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $8,962,799 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $60,721,110 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $8,962,799 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $9,442,818 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $9,443,893 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $166,580 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $11,053 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $155,527 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $184,000 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $0 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $184,000 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $11,522 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $0 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $11,522 | PensionEmplBnftDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $6,000 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $6,000 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $123,120 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $80,825 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $42,295 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $24,960 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $114 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Occupancy Rev And Expnss | $25,608 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $0 | OccupancyNetInvstIncmAmt |
| Occupancy Dsbrs Chrtbl | $25,608 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $29,240 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $29,240 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $3 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $3 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $571,033 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $91,995 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $454,192 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $24,130,668 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $24,130,668 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $24,701,701 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $91,995 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $24,584,860 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$15,258,883 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $9,351,898 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $7,347,486 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $29,523,380 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $29,523,380 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $97 | AcctRcvblAmt |
| Acct Rcvbl EOY | $97 | AcctRcvblEOYAmt |
| US Government Obligations BOY | $0 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $2,307,381 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $2,319,657 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $41,521,674 | CorporateStockBOYAmt |
| Corporate Stock EOY | $1,779,483 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $1,776,584 | CorporateStockEOYFMVAmt |
| Total Assets BOY | $48,869,160 | TotalAssetsBOYAmt |
| Total Assets EOY | $33,610,341 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $33,619,621 | TotalAssetsEOYFMVAmt |
| Accounts Payable EOY | $64 | AccountsPayableEOYAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $64 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $48,869,160 | CapitalStockBOYAmt |
| Capital Stock EOY | $33,610,277 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $0 | RetainedEarningBOYAmt |
| Retained Earning EOY | $0 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $48,869,160 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $33,610,277 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $48,869,160 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $33,610,341 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $48,869,160 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$15,258,883 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $33,610,277 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $33,610,277 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (4 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES | 2021-01-01 | 2021-12-31 | $18,427,476 | $18,633,171 | -$205,695 | -$205,695 |
| PUBLICLY TRADED SECURITIES | 2020-01-01 | 2021-12-31 | $6,575,084 | $6,663,766 | -$88,682 | -$88,682 |
| PUBLICLY TRADED SECURITIES | 2020-01-01 | 2021-12-31 | $21,924,500 | $12,924,784 | $8,999,716 | $8,999,716 |
| PUBLICLY TRADED SECURITIES | 2020-01-01 | 2021-12-31 | $13,794,050 | $13,536,590 | $257,460 | $257,460 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $8,962,799 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $129,991 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $129,991 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $129,991 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $18,153 | 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 | $18,153 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Tax Due | $111,838 | 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 | FL | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | 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 | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BESSEMER TRUST COMPANY NA | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 5165089623 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1271 AVE OF THE AMERICAS | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10020 | 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 | Yes (1) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| 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 | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| 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 (5 entries)
| Address Line1USAddress/AddressLine1Txt | Address Line2USAddress/AddressLine2Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|---|
| DANIEL A HANLEY ESQ | |||||||||
| C/O BESSEMER TRUST COMPANY 222 | ROYAL PALM WAY | PALM BEACH | FL | 33480 | CO-TRUSTEE | 40.00 | $55,527 | $0 | $0 |
| JOHN M EMERY ESQ | |||||||||
| C/O BESSEMER TRUST COMPANY 222 | ROYAL PALM WAY | PALM BEACH | FL | 33480 | CO-TRUSTEE | 40.00 | $111,053 | $0 | $0 |
| HAYS LAWRENCE CLARK | |||||||||
| C/O BESSEMER TRUST COMPANY 222 | ROYAL PALM WAY | PALM BEACH | FL | 33480 | CO-TRUSTEE | 2.00 | $0 | $0 | $0 |
| VALERIE C MCNEELY | |||||||||
| C/O BESSEMER TRUST COMPANY 222 | ROYAL PALM WAY | PALM BEACH | FL | 33480 | CO-TRUSTEE | 2.00 | $0 | $0 | $0 |
| HARRIS WHITLOCK CLARK | |||||||||
| C/O BESSEMER TRUST COMPANY 222 | ROYAL PALM WAY | PALM BEACH | FL | 33480 | CO-TRUSTEE | 2.00 | $0 | $0 | $0 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ARTHUR SUNDSTROM | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O BESSEMER TRUST222 ROYAL PALM | AddressLine1Txt |
| Address Line2 | WAY | AddressLine2Txt |
| City | PALM BEACH | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33480 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | EXECUTIVE DIRECTOR | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 40.00 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $188,000 | CompensationAmt |
| Employee Benefits | $0 | EmployeeBenefitsAmt |
| Expense Account | $0 | ExpenseAccountAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BESSEMER TRUST | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 222 ROYAL PALM WAY | AddressLine1Txt |
| City | PALM BEACH | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33480 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | INVESTMENT MANAGEMENT | ServiceTypeTxt |
| Compensation | $121,237 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
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 | $37,830,398 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $6,898,537 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $44,728,935 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $44,728,935 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $670,934 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $44,058,001 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $2,202,900 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $2,202,900 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $129,991 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $129,991 | TotalTaxAmt |
| Distributable Before Adj | $2,072,909 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $2,072,909 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $2,072,909 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $24,584,860 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $24,584,860 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $2,072,909 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $8,572,255 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $9,961,835 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $11,677,875 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $18,007,324 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $25,229,762 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $73,449,051 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $24,584,860 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $2,072,909 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $22,511,951 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $95,961,002 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $8,572,255 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $87,388,747 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $9,961,835 | ExcessFromYear4Amt |
| Excess From Year3 | $11,677,875 | ExcessFromYear3Amt |
| Excess From Year2 | $18,007,324 | ExcessFromYear2Amt |
| Excess From Year1 | $25,229,762 | ExcessFromYear1Amt |
| Excess From Current Year | $22,511,951 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (48 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|
| ANNAPOLIS MARITIME MUSEUM | ||||||||
| PO BOX 3088 | ANNAPOLIS | MD | 21403 | N/A | PUBLIC CHARITY | GENERAL EXEMPT PURPOSE | $200,000 | |
| ANNE ARUNDEL COMMUNITY COLLEGE FOUNDATION | ||||||||
| 101 COLLEGE PKWY | ARNOLD | MD | 21012 | N/A | PUBLIC CHARITY | GENERAL EXEMPT PURPOSE | $135,000 | |
| ANNE ARUNDEL COUNTY FOOD BANK | ||||||||
| PO BOX 650 | CROWNSVILLE | MD | 21032 | N/A | PUBLIC CHARITY | GENERAL EXEMPT PURPOSE | $617,100 | |
| BAYLOR HEALTH CARE SYSTEM | ||||||||
| 2001 BRYAN ST STE 2300 | DALLAS | TX | 752013063 | N/A | PUBLIC CHARITY | GENERAL EXEMPT PURPOSE | $300,000 | |
| BELLXCEL | ||||||||
| ONE UNIVERSITY AVE SUITE 201A | WESTWOOD | MA | 02090 | N/A | PUBLIC CHARITY | GENERAL EXEMPT PURPOSE | $2,000,000 | |
| BOYS & GIRLS CLUB OF AMERICA | ||||||||
| 1275 PEACHTREE STREET NE | ATLANTA | GA | 30309 | N/A | PUBLIC CHARITY | ADVANCING PHIANTHROPY PROJECT | $8,000,000 | |
| BOYS & GIRLS CLUB OF ANNAPOLIS | ||||||||
| 121 SOUTH VILLA AVENUE | ANNAPOLIS | MD | 21401 | N/A | PUBLIC CHARITY | GENERAL EXEMPT PURPOSE | $350,000 | |
| BOYS & GIRLS CLUB OF CHESTER | ||||||||
| PO BOX 1077 | CHESTER | PA | 19016 | N/A | PUBLIC CHARITY | SUPPORT FOR EXECUTIVE DIRECTOR COMPENSATION | $75,000 | |
| BOYS & GIRLS CLUB OF MANATEE COUNTY | ||||||||
| 5236 30TH STREET WEST 2ND FLOOR | BRADENTON | FL | 34207 | N/A | PUBLIC CHARITY | SUPPORT OF DAUGHTREY ELEMENTARY PROJECT LEARN | $246,750 | |
| BOYS & GIRLS CLUB OF MARTIN COUNTY | ||||||||
| PO BOX 910 | HOBE SOUND | FL | 33475 | N/A | PUBLIC CHARITY | GENERAL EXEMPT PURPOSE | $450,000 | |
| BOYS & GIRLS CLUB OF SOUTHERN MARYLAND | ||||||||
| 9021 DAYTON AVENUE PO BOX 413 | NORTH BEACH | MD | 20714 | N/A | PUBLIC CHARITY | GENERAL EXEMPT PURPOSE | $85,000 | |
| CAPITAL AREA FOOD BANK | ||||||||
| 4900 PUERTO RICO AVENUE NE | WASHINGTON | DC | 20017 | N/A | PUBLIC CHARITY | GENERAL EXEMPT PURPOSE | $25,000 | |
| CENTRAL TEXAS FOOD BANK | ||||||||
| 6500 METROPOLIS DR | AUSTIN | TX | 78744 | N/A | PUBLIC CHARITY | GENERAL EXEMPT PURPOSE | $50,000 | |
| CHESAPEAKE REGION ACCESSIBLE BOATING INC | ||||||||
| 177 DEFENSE HIGHWAY SUITE 9 | ANNAPOLIS | MD | 21401 | N/A | PUBLIC CHARITY | GENERAL EXEMPT PURPOSE | $50,000 | |
| CHESTER COUNTY FOOD BANK | ||||||||
| 1208 HORSESHOE PIKE | DOWNINGTON | PA | 19335 | N/A | PUBLIC CHARITY | OPERATIONAL | $50,000 | |
| CITYTEAM MINISTRIES | ||||||||
| 2306 ZANKER ROAD | SAN JOSE | CA | 95131 | N/A | PUBLIC CHARITY | GENERAL EXEMPT PURPOSE | $100,000 | |
| COMMUNITY FOUNDATION OF ANNE ARUNDEL COUNTY | ||||||||
| 914 BAY RIDGE ROAD SUITE 220 | ANNAPOLIS | MD | 21403 | N/A | PUBLIC CHARITY | GENERAL EXEMPT PURPOSE | $712,000 | |
| DONORSCHOOSEORG | ||||||||
| 134 W 37TH ST FLOOR 11 | NEW YORK | NY | 10018 | N/A | PUBLIC CHARITY | GENERAL EXEMPT PURPOSE | $1,200 | |
| FEEDING AMERICA | ||||||||
| PO BOX 83775 | PHOENIX | AZ | 85071 | N/A | PUBLIC CHARITY | GENERAL EXEMPT PURPOSE | $50,000 | |
| FOOD FINDERS- FARMLINK | ||||||||
| 10422 GARDEN GROVE BLVD | GARDEN GROVE | CA | 92843 | N/A | PUBLIC CHARITY | GENERAL EXEMPT PURPOSE | $100,000 | |
| HEARTS AFTER SCHOOL READING PROGRAM | ||||||||
| PO BOX 8124 | COLUMBUS | MS | 39705 | N/A | PUBLIC CHARITY | GENERAL EXEMPT PURPOSE | $30,000 | |
| INDIAN RIVER STATE COLLEGE FOUNDATION | ||||||||
| 3209 VIRGINIA AVENUE | FOR PIERCE | FL | 34981 | N/A | PUBLIC CHARITY | PURCHASE OF 20 SCHOLARSHIPS & STAFF SUPPORT | $1,125,000 | |
| LOAVES AND FISHES | ||||||||
| 721 KASOTA AVE SE | MINNEAPOLIS | MN | 55414 | N/A | PUBLIC CHARITY | GENERAL EXEMPT PURPOSE | $1,000 | |
| LOOMIS CHAFFEE SCHOOL | ||||||||
| 4 BATCHELDER ROAD | WINDSOR | CT | 06095 | N/A | PUBLIC CHARITY | OPERATIONAL | $4,000 | |
| LOUISE HERRINGTON SCHOOL OF NURSING- BAYLOR UNIVERSITY | ||||||||
| ONE BEAR PLACE 97026 | WACO | TX | 767987026 | N/A | PUBLIC CHARITY | GENERAL EXEMPT PURPOSE | $1,500,000 | |
| MEALS ON WHEELS PLUS OF MANATEE COUNTY | ||||||||
| 811 23RD AVE E | BRADENTON | FL | 34208 | N/A | PUBLIC CHARITY | GENERAL EXEMPT PURPOSE | $100,000 | |
| NAMI MARYLAND INC | ||||||||
| 10630 LITTLE PATUXENT PKWY SUITE | COLUMBIA | MD | 21044 | N/A | PUBLIC CHARITY | GENERAL EXEMPT PURPOSE | $65,000 | 475 |
| NATIONAL INDIAN YOUTH LEADERSHIP | ||||||||
| 318 ELM STREET SE | ALBUQUERQUE | NM | 87102 | N/A | PUBLIC CHARITY | GENERAL EXEMPT PURPOSE | $75,000 | |
| NEWSHOUR PRODUCTIONS | ||||||||
| 2700 S QUINCY ST | ARLINGTON | VA | 22206 | N/A | PUBLIC CHARITY | GENERAL EXEMPT PURPOSE | $100,000 | |
| NORTH TEXAS FOOD BANK | ||||||||
| 3677 MAPLESHADE LANE | plaNO | TX | 75075 | N/A | PUBLIC CHARITY | GENERAL EXEMPT PURPOSE | $50,000 | |
| PALM BEACH COUNTY FOOD BANK | ||||||||
| 701 BOUTWELL RD | LAKE WORTH | FL | 33461 | N/A | PUBLIC CHARITY | GENERAL EXEMPT PURPOSE | $50,000 | |
| PRIDE OF BALTIMORE INC | ||||||||
| 841 EAST FORT AVENUE BOX 352 | BALTIMORE | MD | 21230 | N/A | PUBLIC CHARITY | GENERAL EXEMPT PURPOSE | $500 | |
| READING PARTNERS | ||||||||
| 180 GRAND AVENUE SUITE 800 | OAKLAND | CA | 94612 | N/A | PUBLIC CHARITY | TUTORING IN DC AND BALTIMORE | $320,000 | |
| RECTORY SCHOOL INC | ||||||||
| 528 POMFRET STREET | POMFRET | CT | 06258 | N/A | PUBLIC CHARITY | GENERAL EXEMPT PURPOSE | $3,000 | |
| SEA EDUCATION ASSOCIATION | ||||||||
| 171 WOODS HOLE ROAD | FALMOUTH | MA | 02540 | N/A | PUBLIC CHARITY | GENERAL EXEMPT PURPOSE | $200,000 | |
| SECOND HARVEST FOOD BANK OF NORTHWEST NORTH CAROLINA INC | ||||||||
| 3655 REED STREET | WINSTONSALEM | NC | 27107 | N/A | PUBLIC CHARITY | GENERAL EXEMPT PURPOSE | $1,000 | |
| SHELTER MINISTRIES OF DALLAS | ||||||||
| 4411 LEMMON AVE 201 | DALLAS | TX | 75219 | N/A | PUBLIC CHARITY | GENERAL EXEMPT PURPOSE | $250,000 | |
| THE CHILDREN'S LAW CENTER | ||||||||
| 44 COURT STREET 11TH FLOOR | BROOKLYN | NY | 11201 | N/A | PUBLIC CHARITY | GENERAL EXEMPT PURPOSE | $150,000 | |
| THE FOUNDATION FOR DELAWARE COUNTY | ||||||||
| 200 EAST STATE STREET SUITE 304 | MEDIA | PA | 19063 | N/A | PUBLIC CHARITY | GENERAL EXEMPT PURPOSE | $825,000 | |
| THE NATURE CONSERVANCY BLOWING ROCKS PRESERVE | ||||||||
| 574 S BEACH RD | HOBE SOUND | FL | 33455 | N/A | PUBLIC CHARITY | BLOWING ROCKS PRESERVE EDUCATIONAL PROGRAMS | $55,250 | |
| TREASURE COAST FOOD BANK INC | ||||||||
| 401 ANGLE RD | FORT PIERCE | FL | 34947 | N/A | PUBLIC CHARITY | GENERAL EXEMPT PURPOSE | $100,000 | |
| UNIVERSITY OF MARYLAND CENTER FOR ENVIRONMENTAL SCIENCE | ||||||||
| 2020 HORNS PT RD | CAMBRIDGE | MD | 21613 | N/A | PUBLIC CHARITY | GENERAL EXEMPT PURPOSE | $50,000 | |
| UNIVERSITY OF TEXAS AT ARLINGTON- MAIN CONCETRATION ACCOUNT | ||||||||
| 701 S NEDDERMAN DRIVE | ARLINGTON | TX | 76019 | N/A | PUBLIC CHARITY | GENERAL EXEMPT PURPOSE | $895,889 | |
| UNIVERSITY RADIO FOUNDATION INC- WFAE | ||||||||
| 8801 J M KEYNES DR STE 91 | CHARLOTTE | NC | 28262 | N/A | PUBLIC CHARITY | GENERAL EXEMPT PURPOSE | $500 | |
| VISION TO LEARN | ||||||||
| 11611 SAN VICENTE BLVD | LOS ANGELES | CA | 90049 | N/A | PUBLIC CHARITY | GENERAL EXEMPT PURPOSE | $850,000 | |
| WILLS EYE HOSPITAL | ||||||||
| 840 WALNUT STREET | PHILADELPHIA | PA | 19107 | N/A | PUBLIC CHARITY | VISION SCREENING FOR CHILDREN | $200,000 | |
| WOODS HOLE OCEANOGRAPHIC INSTITUTION | ||||||||
| FENNO HOUSE MS 40 | WOODS HOLE | MA | 02543 | N/A | PUBLIC CHARITY | OPERAIONAL; FUKUSHIMA RADIONUCLIDE RESEARCH | $3,173,925 | |
| YOUNG WOMEN'S CHRISTIAN ASSOCIATION OF ANNAPOLIS & ANNE ARUNDEL COUNTY | ||||||||
| 1517 RITCHIE HIGHWAY SUITE 201 | ARNOLD | MD | 21012 | N/A | PUBLIC CHARITY | GENERAL EXEMPT PURPOSE | $358,554 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $24,130,668 | 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 | $166,130 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $313,889 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $8,962,799 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $9,442,818 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $9,442,818 | TotalIncomeProducingActyAmt |
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 | FIDUCIARY TAX SERVICES FEE | CategoryTxt |
| Amt | $6,000 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $6,000 | DisbursementsCharitablePrpsAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (13 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 100000.00 CAPITAL ONE FIN CO FRN | $100,005 | $100,070 |
| 150000.00 ACE INA HLDGS INC | $150,136 | $152,330 |
| 215000.00 JABIL INC | $222,771 | $220,683 |
| 230000.00 NEXTERA ENERGY CAPITAL | $231,018 | $229,524 |
| 180000.00 STARBUCKS CORP | $180,150 | $180,557 |
| 89000.00 CIGNA CORP | $94,015 | $92,633 |
| 87000.00 GOLDMAN SACHS GRP INC FRN | $87,011 | $87,283 |
| 1000.00 SHERWIN-WILLIAMS CO | $1,091 | $1,064 |
| 180000.00 TOYOTA MOTOR CREDIT CORP | $179,933 | $181,656 |
| 195000.00 PNC FINANCIAL SERVICES | $196,227 | $195,506 |
| 215000.00 SAN DIEGO G & E | $225,752 | $222,838 |
| 1000.00 JPMORGAN CHASE & CO | $1,001 | $1,116 |
| 110391.80 WOART 2019-A A3 | $110,373 | $111,324 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $2,307,381 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $2,319,657 | USGovtObligationsEOYFMVAmt |
| State Local Sec Book Vl EOY | $0 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $0 | StateLocalSecEOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ADR FEES | Desc |
| Revenue And Expenses Per Books | $3 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $3 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| CORE SERVICES FEES | $121,237 | $80,825 | $40,412 |
| PAYROLL FEES | $1,883 | $0 | $1,883 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FOREIGN TAXES | $460 | $114 | $0 |
| FEDERAL EXTENSION | $24,500 | $0 | $0 |