THE MERRILL FOUNDATION INC: Form 990PF, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- THE MERRILL FOUNDATION INC (EIN 52-1490571)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-10-10
- IRS object ID
- 202232839349101213
- 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
- Depreciation Schedule
- Expln Of Non Filing With AG Stmt
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- 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 | 2022-10-10T14:54:00-05:00 | ReturnTs |
| Tax Period End | 2021-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BDO USA LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8401 GREENSBORO DRIVE 800 | AddressLine1Txt |
| City | MCLEAN | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 22102 | 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 | 521490571 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE MERRILL FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % SHARON BERMAN | InCareOfNm |
| Business Name Control | MERR | BusinessNameControlTxt |
| Phone | 7037706377 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8401 GREENSBORO DR 800 | AddressLine1Txt |
| City | MCLEAN | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 22102 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | NANCY MERRILL | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 7038930600 | PhoneNum |
| Signature | 2022-05-05 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | NANCY | PersonFirstNm |
| Person Last | MERRILL | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Sharon K Berman | PreparerPersonNm |
| PTIN | P00295128 | PTIN |
| Phone | 7038930600 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| 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 | $72,252,244 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $0 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $856,510 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $850,377 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $5,187,949 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $18,146,987 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $5,187,949 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $34 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $34 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $6,044,493 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $6,038,360 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $60,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $20,000 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $40,000 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $34,240 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $34,240 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $485,840 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $485,840 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $102,444 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $2,444 | TaxesNetInvstIncmAmt |
| Trav Conf Meeting Rev And Expnss | $2,850 | TravConfMeetingRevAndExpnssAmt |
| Other Expenses Rev And Expnss | $7,801 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $7,429 | OtherExpensesNetInvstIncmAmt |
| Tot Opr Expenses Rev And Expnss | $693,175 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $515,713 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $74,240 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $4,663,200 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $4,663,200 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $5,356,375 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $515,713 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $4,737,440 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $688,118 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $5,522,647 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $4,884,953 | CashBOYAmt |
| Cash EOY | $4,398,970 | CashEOYAmt |
| Cash EOYFMV | $4,398,970 | CashEOYFMVAmt |
| Acct Rcvbl | $36,438 | AcctRcvblAmt |
| Acct Rcvbl BOY | $40,418 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $36,438 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $36,438 | AcctRcvblEOYFMVAmt |
| US Government Obligations BOY | $828,765 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $752,320 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $768,613 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $39,399,838 | CorporateStockBOYAmt |
| Corporate Stock EOY | $40,894,866 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $66,530,465 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $566,211 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $459,635 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $472,960 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $0 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $44,798 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $44,798 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $45,720,185 | TotalAssetsBOYAmt |
| Total Assets EOY | $46,587,027 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $72,252,244 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $45,720,185 | RetainedEarningBOYAmt |
| Retained Earning EOY | $46,587,027 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $45,720,185 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $46,587,027 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $45,720,185 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $46,587,027 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $45,720,185 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $688,118 | ExcessRevenueOverExpensesAmt |
| Other Increases | $178,724 | OtherIncreasesAmt |
| Subtotal | $46,587,027 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $46,587,027 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (26 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|---|---|
| FM #2930 (SEE ATTACHED) | 2021-01-01 | 2021-12-31 | $637,299 | $271,260 | $366,039 | $366,039 | |
| FM #2930 (SEE ATTACHED) | 2020-01-01 | 2021-12-31 | $1,786,171 | $1,267,594 | $518,577 | $518,577 | |
| ML #2032 (SEE ATTACHED) | 2021-01-01 | 2021-12-31 | $1,514,179 | $1,398,724 | $116,575 | $115,455 | |
| ML #2032 (SEE ATTACHED) | 2021-01-01 | 2021-12-31 | $15 | $15 | |||
| ML #2032 (SEE ATTACHED) | 2020-01-01 | 2021-12-31 | $2,624,593 | $1,985,783 | $639,339 | $638,810 | |
| ML #2064 (SEE ATTACHED) | 2020-01-01 | 2021-12-31 | $454,920 | $400,000 | $54,920 | $54,920 | |
| ML #2065 (SEE ATTACHED) | 2020-01-01 | 2021-12-31 | $1,404,191 | $657,620 | $746,571 | $746,571 | |
| ML #2074 (SEE ATTACHED) | 2021-01-01 | 2021-12-31 | $744,452 | $734,540 | $10,120 | $9,912 | |
| ML #2074 (SEE ATTACHED) | 2021-01-01 | 2021-12-31 | $6 | $6 | |||
| ML #2074 (SEE ATTACHED) | 2020-01-01 | 2021-12-31 | $2,032,698 | $1,182,302 | $852,395 | $850,396 | |
| ML #2076 (SEE ATTACHED) | 2021-01-01 | 2021-12-31 | $929,304 | $901,848 | $27,587 | $27,456 | |
| ML #2076 (SEE ATTACHED) | 2020-01-01 | 2021-12-31 | $3,610,238 | $2,164,617 | $1,446,905 | $1,445,621 | |
| ML #2101 (SEE ATTACHED) | 2020-01-01 | 2021-12-31 | $2,279,800 | $2,000,000 | $279,800 | $279,800 | |
| CAPITAL GAIN DIVIDENDS | $129,121 | P | |||||
| CAPITAL GAIN DIVIDENDS | $129,121 | P | |||||
| CAPITAL GAIN DIVIDENDS | $129,121 | P | |||||
| CAPITAL GAIN DIVIDENDS | $129,121 | P | |||||
| CAPITAL GAIN DIVIDENDS | $129,121 | P | |||||
| CAPITAL GAIN DIVIDENDS | $129,121 | P | |||||
| CAPITAL GAIN DIVIDENDS | $129,121 | P | |||||
| CAPITAL GAIN DIVIDENDS | $129,121 | P | |||||
| CAPITAL GAIN DIVIDENDS | $129,121 | P | |||||
| CAPITAL GAIN DIVIDENDS | $129,121 | P | |||||
| CAPITAL GAIN DIVIDENDS | $129,121 | P | |||||
| CAPITAL GAIN DIVIDENDS | $129,121 | P | |||||
| CAPITAL GAIN DIVIDENDS | $129,121 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $5,187,949 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $76,765 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $76,765 | SubtotalAmt |
| Tax Based On Investment Income | $76,765 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $70,678 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $50,000 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $120,678 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $314 | EsPenaltyAmt |
| Overpayment | $43,599 | OverpaymentAmt |
| Applied To ES Tax | $43,599 | AppliedToESTaxAmt |
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 | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | MD | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | false | 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 |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SHARON BERMAN | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7038930600 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8401 GREENSBORO DR 800 | AddressLine1Txt |
| City | MCLEAN | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 22102 | 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 |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| 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 |
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 |
|---|---|---|---|---|---|---|---|---|
| NANCY MERRILL | ||||||||
| 906 CHILDS POINT ROAD | ANNAPOLIS | VA | 21401 | PRESIDENT | 10.0 | $0 | $0 | $0 |
| CATHERINE MERRILL WILLIAMS | ||||||||
| 2323 WYOMING STREET NW | WASHINGTON | DC | 20008 | DIRECTOR | 5.0 | $30,000 | $0 | $0 |
| DOUGLAS MERRILL | ||||||||
| 122 MARINERS COVE | SHELBURNE | VT | 05482 | DIRECTOR | 5.0 | $30,000 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Summary Of Direct Chrtbl Acty | SummaryOfDirectChrtblActyGrp | |
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $66,236,008 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $4,440,632 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $50,479 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $70,727,119 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $70,727,119 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $1,060,907 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $69,666,212 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $3,483,311 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $3,483,311 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $76,765 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $76,765 | TotalTaxAmt |
| Distributable Before Adj | $3,406,546 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $3,406,546 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $3,406,546 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $4,737,440 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $4,737,440 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $3,406,546 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Prior Year1 | 2019 | PriorYear1Yr |
| Prior Year2 | 2018 | PriorYear2Yr |
| Prior Year3 | 2017 | PriorYear3Yr |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr1 | $384,574 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $384,574 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $4,737,440 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Current Year | $3,406,546 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $1,330,894 | RemainingDistriFromCorpusAmt |
| Total Corpus | $1,715,468 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $1,715,468 | ExcessDistriCyovToNextYrAmt |
| Excess From Year1 | $384,574 | ExcessFromYear1Amt |
| Excess From Current Year | $1,330,894 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SEE STATEMENT ATTACHED | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8401 GREENSBORO DRIVE 800 | AddressLine1Txt |
| Address Line2 | C/O NANCY MERRILL | AddressLine2Txt |
| City | MCLEAN | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 22102 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Foundation Status | PC | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | SEE STATEMENT ATTACHED | GrantOrContributionPurposeTxt |
| Amt | $4,663,200 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $4,663,200 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp | |
| Int On Sav And Temp Cash Invst | IntOnSavAndTempCashInvstGrp |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $856,510 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 41 | ExclusionCd |
| Exclusion | $34 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $5,187,949 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $6,044,493 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $6,044,493 | 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 | ACCOUNTANT FEES | CategoryTxt |
| Amt | $34,240 | Amt |
| Disbursements Charitable Prps | $34,240 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Expln Of Non Filing With AG Stmt ExplnOfNonFilingWithAGStmt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | THE MARYLAND STATE ATTORNEY GENERAL DOES NOT REQUIRE A COPY OF FORM 990-PF FROM A FOUNDATION THAT DOES NOT SOLICIT CONTRIBUTIONS WITHIN THE STATE. | ExplanationTxt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (3 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| CORPORATE BOND - ML #2074 | $225,573 | $234,728 |
| CORPORATE BOND - ML #2076 | $127,774 | $131,927 |
| CORPORATE BOND - ML #2032 | $106,288 | $106,305 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (10 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| CORPORATE STOCK - FM 2930 | $11,860,795 | $21,082,823 |
| CORPORATE STOCK - ML #2032 | $7,379,894 | $11,373,001 |
| MUTUAL FUND - ML #2032 | $4,927,999 | $6,982,906 |
| CORPORATE STOCK - ML #2064 | $3,652,195 | $7,428,554 |
| CORPORATE STOCK - ML #2065 | $3,315,423 | $6,453,225 |
| CORPORATE STOCK - ML #2074 | $2,363,986 | $3,587,757 |
| MUTUAL FUND - ML #2074 | $4,519,514 | $6,039,548 |
| CORPORATE STOCK - ML #2076 | $323,399 | $381,475 |
| MUTUAL FUND - ML #2076 | $1,414,661 | $2,122,520 |
| CORPORATE STOCK - ML #2101 | $1,137,000 | $1,078,656 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $752,320 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $768,613 | USGovtObligationsEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | ZEAL CAPITAL PARTNERS FUND I | CategoryOrItemTxt |
| Listed At Cost Or FMV | AT COST | ListedAtCostOrFMVCd |
| Book Value | $44,798 | BookValueAmt |
| EOYFMV | $44,798 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| MISCELLANEOUS | $372 | |
| ZEAL CAPITAL PRTNR - OTHER DED | $7,429 | $7,429 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ML #2032 - OTHER INCOME | Desc |
| Revenue And Expenses Per Books | $34 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $34 | NetInvestmentIncomeAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PRIOR PERIOD ADJUSTMENT | Desc |
| Amt | $178,724 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ADVISORY FEES | CategoryTxt |
| Amt | $485,840 | Amt |
| Net Investment Income | $485,840 | NetInvestmentIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| ML #2032 - FTP | $2,444 | $2,444 |
| ESTIMATED TAXES PAID | $100,000 |
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