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SAUNDERS FAMILY CHARITABLE FUND: Form 990PF, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
SAUNDERS FAMILY CHARITABLE FUND (EIN 68-0616611)
Tax period
2021-01-01 to 2021-12-31
Filed
2022-02-25
IRS object ID
202240569349100409
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)
Return2022-02-25T11:21:19-08:00ReturnTs
Tax Period End2021-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN202555980PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Joseph Clare Certified Public AccountantBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1215 W Franklin Street 5th FloorAddressLine1Txt
CityMontereyCityNm
State AbbreviationCAStateAbbreviationCd
ZIP93940ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2021-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN680616611EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Saunders Family Charitable FundBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlSAUNBusinessNameControlTxt
Phone4157300057PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1765 Market Street 24DAddressLine1Txt
CitySan FranciscoCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94103ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJoseph W SaundersPersonNm
Person TitleChairmanPersonTitleTxt
Signature2022-03-15SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstJoseph WPersonFirstNm
Person LastSaundersPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJoseph ClarePreparerPersonNm
PTINP00310381PTIN
Phone8312416055PhoneNum
Self EmployedYes (X)SelfEmployedInd

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
Federated Assurance LevelFAL1FederatedAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$3,609,820FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$7InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$7InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$7InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss$80,340DividendsRevAndExpnssAmt
Dividends Net Invst Incm$80,340DividendsNetInvstIncmAmt
Dividends Adj Net Incm$80,340DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss$223,259NetGainSaleAstRevAndExpnssAmt
Cap Gain Net Incm Net Invst Incm$223,259CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$303,606TotalRevAndExpnssAmt
Total Net Invst Incm$303,606TotalNetInvstIncmAmt
Total Adj Net Incm$80,347TotalAdjNetIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$10,000CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm$5,000CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl$5,000CompOfcrDirTrstDsbrsChrtblAmt
Accounting Fees Rev And Expnss$17,850AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$8,925AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps$8,925AccountingFeesChrtblPrpsAmt
Taxes Rev And Expnss$50TaxesRevAndExpnssAmt
Other Expenses Rev And Expnss$37,723OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$18,861OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl$18,862OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$65,623TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$32,786TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$32,787TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$655,323ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$655,323ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$720,946TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$32,786TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$688,110TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$417,340ExcessRevenueOverExpensesAmt
Net Investment Income$270,820NetInvestmentIncomeAmt
Adjusted Net Income$80,347AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$45,974SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$57,512SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$57,513SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$1,214,498CorporateStockBOYAmt
Corporate Stock EOY$1,002,763CorporateStockEOYAmt
Corporate Stock EOYFMV$2,706,545CorporateStockEOYFMVAmt
Corporate Bonds BOY$935,254CorporateBondsBOYAmt
Corporate Bonds EOY$729,513CorporateBondsEOYAmt
Corporate Bonds EOYFMV$729,514CorporateBondsEOYFMVAmt
Other Investments BOY$120,912OtherInvestmentsBOYAmt
Other Investments EOY$109,511OtherInvestmentsEOYAmt
Other Investments EOYFMV$116,248OtherInvestmentsEOYFMVAmt
Other Assets BOY$1OtherAssetsBOYAmt
Total Assets BOY$2,316,639TotalAssetsBOYAmt
Total Assets EOY$1,899,299TotalAssetsEOYAmt
Total Assets EOYFMV$3,609,820TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$2,316,639NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$1,899,299NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$2,316,639TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$1,899,299TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$2,316,639TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$1,899,299TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$2,316,639TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$417,340ExcessRevenueOverExpensesAmt
Subtotal$1,899,299SubtotalAmt
Tot Net Ast Or Fund Balances EOY$1,899,299TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

FieldValueIRS element (for citing)
Capital Gain Net Income$223,259CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$3,764InvestmentIncomeExciseTaxAmt
Subtotal$3,764SubtotalAmt
Tax Based On Investment Income$3,764TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$1,065EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$1,065TotalPaymentsAndCreditsAmt
Tax Due$2,699TaxDueAmt

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 LimitYes (true)UnrelatedBusIncmOverLimitInd
Form990 T FiledfalseForm990TFiledInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedfalseSection508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateCAOrgReportOrRegisterStateCd
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

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1Joseph ClareBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone4157300057PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1215 West Franklin Street Suite 307AddressLine1Txt
CityMontereyCityNm
State AbbreviationCAStateAbbreviationCd
ZIP93940ZIPCd
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
Acts Fail To Qlfy As ExceptionsfalseActsFailToQlfyAsExceptionsInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
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 (5 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
Joseph W Saunders
765 Market Street 24DSan FranciscoCA94103President2.00$0
Sharon P Saunders
765 Market Street 24DSan FranciscoCA94103Vice President2.00$0
Christine Saunders
765 Market Street 24DSan FrancscoCA94103Vice President2.00$5,000
Thomas J Saunders
765 Market Street 24DSan FranciscoCA94103Vice President2.00$5,000
John N Staples III Esq
215 W Franklin St 5th FloorMontereyCA93940Secretary2.00$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$0AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$0TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$0AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$0CashDeemedCharitableAmt
Net Vl Noncharitable Assets$0NetVlNoncharitableAssetsAmt
Minimum Investment Return$0MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Tax Based On Investment Income$3,764TaxBasedOnInvestmentIncomeAmt
Total Tax$3,764TotalTaxAmt
Distributable Before Adj$3,764DistributableBeforeAdjAmt
Distributable Before Ded$3,764DistributableBeforeDedAmt
Distributable As Adjusted$0DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$688,110ExpensesAndContributionsAmt
Qualifying Distributions$688,110QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$0DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$1,298,039ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$591,052ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$592,346ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$592,346ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$146,121ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$3,219,904TotalExcessDistributionCyovAmt
Qualifying Distributions$688,110QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Remaining Distri From Corpus$688,110RemainingDistriFromCorpusAmt
Total Corpus$3,908,014TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$1,298,039ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$2,609,975ExcessDistriCyovToNextYrAmt
Excess From Year4$591,052ExcessFromYear4Amt
Excess From Year3$592,346ExcessFromYear3Amt
Excess From Year2$592,346ExcessFromYear2Amt
Excess From Year1$146,121ExcessFromYear1Amt
Excess From Current Year$688,110ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerJoseph W SaundersContributingManagerNm

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonHelen BurrowsRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1765 Market Street Ste 24DAddressLine1Txt
CitySan FranciscoCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94103ZIPCd
FieldValueIRS element (for citing)
Recipient Phone6508679385RecipientPhoneNum
Recipient Email Addresssaundershomeoffice@gmail.comRecipientEmailAddressTxt
Form And Info And MaterialsIn writingFormAndInfoAndMaterialsTxt
Submission DeadlinesNoneSubmissionDeadlinesTxt
Restrictions On AwardsPreference to educational purposesRestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (15 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
University of Hawaii
3444 Dole StreetHonoluluHI96822PCScholarships$9,165
Teach for America
25 Broadway 12th FloorNew YorkNY10004PCEducation$100,000
Northwestern University
633 Clark StreetEvanstonIL60208PCEducation$16,000
Hawiian Islands Land Trust
126 Queen Street Suite 306HonoluluHI96813PCGeneral Purposes$25,000
The Basic Fund
1301 Clay Street 70450OaklandCA94612PCGeneral Purposes$40,000
Spare for Change
576 Kaiola StreetKiheiHI96753PCGeneral Purposes$10,000
Marine Corps Scholarship Fund
909 N Washington Street Ste 400AlexandriaVA22314PCScholarships$10,000
Horizon San Francisco Friends Schoo
250 Valencia StreetSan FranciscoCA94103PCEducation$10,000
University of Denver
1201 Davis StreetDenverCO80208PCGeneral purposes$245,158
We Ride Too
77 Mountain Valley StreetOaklandCA94605PCGeneral purposes$5,000
Youth Alive
3300 Elm StreetOaklandCA94609PCGeneral purposes$25,000
ETHS Educational Fund
1680 Dodge AvenueEvanstonIL60201PCEducation$5,000
UCSF Foundation
PO Box 0248San FranciscoCA94143PCEducation$5,000
American Heart Association
7272 Greenville AvenueDallasTX75231PCGeneral purposes$125,000
Guardian Training
3007 Sacramento StreetBerkeleyCA94702PCEducation$25,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$655,323TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Unrelated Business Taxbl Incm$7UnrelatedBusinessTaxblIncmAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Unrelated Business Taxbl Incm$80,340UnrelatedBusinessTaxblIncmAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Unrelated Business Taxbl Incm$223,259UnrelatedBusinessTaxblIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Unrelated Business Taxbl Incm$303,606UnrelatedBusinessTaxblIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$303,606TotalIncomeProducingActyAmt

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)
CategoryTax preparation and accounting feesCategoryTxt
Amt$17,850Amt
Net Investment Income$8,925NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$8,925DisbursementsCharitablePrpsAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
Administrative assistant$30,000$15,000$15,000
Investment management fees$7,723$3,861$3,862

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryDept of JusticeCategoryTxt
Amt$50Amt

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