CRESTLEA FOUNDATION INC: Form 990PF, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- CRESTLEA FOUNDATION INC (EIN 51-6015638)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-08-19
- IRS object ID
- 202242319349100704
- 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 Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Expenses Schedule
- Other Increases Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-08-19T08:33:51-05:00 | ReturnTs |
| Tax Period End | 2021-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 510232475 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | COVER & ROSSITER PA | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2711 CENTERVILLE ROAD SUITE 100 | AddressLine1Txt |
| City | WILMINGTON | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 19808 | 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 | 516015638 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CRESTLEA FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CRES | BusinessNameControlTxt |
| Phone | 3026542477 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 W 10TH ST SUITE 1109 | AddressLine1Txt |
| City | WILMINGTON | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198011653 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CHRISTOPHER T GRUNDNER | PersonNm |
| Person Title | EXECUTIVE DIRECTOR | PersonTitleTxt |
| Phone | 3026542477 | PhoneNum |
| Signature | 2022-07-29 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | CHRISTOPHER | PersonFirstNm |
| Person Last | GRUNDNER | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | PETER KENNEDY | PreparerPersonNm |
| PTIN | P00571422 | PTIN |
| Phone | 3026566632 | PhoneNum |
| Preparation | 2022-07-29 | 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 | $24,184,131 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
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 | $256 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $256 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $443,612 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $443,612 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $1,541,878 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $4,433,754 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $1,541,878 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $1,985,746 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,985,746 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $25,427 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $12,714 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $12,713 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $48,153 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $24,077 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $24,076 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $9,015 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $4,508 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $4,507 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $108,319 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $107,400 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $919 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $31,227 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $2,949 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $2,948 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $23,648 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $11,825 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $11,823 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $245,789 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $163,473 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $56,986 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $939,046 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $784,173 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,184,835 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $163,473 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $841,159 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $800,911 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,822,273 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $63,838 | CashBOYAmt |
| Cash EOY | $9,679 | CashEOYAmt |
| Cash EOYFMV | $9,679 | CashEOYFMVAmt |
| Prepaid Expenses BOY | $23,587 | PrepaidExpensesBOYAmt |
| Corporate Stock BOY | $17,267,751 | CorporateStockBOYAmt |
| Corporate Stock EOY | $18,867,444 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $18,867,444 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $2,184,828 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $2,074,734 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $2,074,734 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $2,213,390 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $3,232,274 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $3,232,274 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $21,753,394 | TotalAssetsBOYAmt |
| Total Assets EOY | $24,184,131 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $24,184,131 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $173 | AccountsPayableBOYAmt |
| Grants Payable BOY | $53,000 | GrantsPayableBOYAmt |
| Grants Payable EOY | $208,046 | GrantsPayableEOYAmt |
| Other Liabilities BOY | $0 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $1,743 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $53,173 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $209,789 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $21,700,221 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $23,974,342 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $21,700,221 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $23,974,342 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $21,753,394 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $24,184,131 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $21,700,221 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $800,911 | ExcessRevenueOverExpensesAmt |
| Other Increases | $1,473,210 | OtherIncreasesAmt |
| Subtotal | $23,974,342 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $23,974,342 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | REALIZED G/L FROM SALE OF SECURITIES | PropertyDesc |
| How Acquired | P | HowAcquiredCd |
| Gross Sales Price | $4,433,754 | GrossSalesPriceAmt |
| Cost Or Other Basis | $2,891,876 | CostOrOtherBasisAmt |
| Gain Or Loss | $1,541,878 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $1,541,878 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $1,541,878 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $25,330 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $25,330 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $25,330 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $33,587 | 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 | $33,587 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $8,257 | OverpaymentAmt |
| Applied To ES Tax | $8,257 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
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 | DE | 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 | WWW.CRESTLEA.ORG | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3026542477 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 W 10TH ST SUITE 1109 | AddressLine1Txt |
| City | WILMINGTON | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198011653 | 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 |
| Transactions Fail To Qlfy As Exc | 0 | TransactionsFailToQlfyAsExcInd |
| 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 (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 |
|---|---|---|---|---|---|---|---|---|
| STEPHEN A MARTINENZA | ||||||||
| 100 WEST 10TH STREET SUITE 1109 | WILMINGTON | DE | 19801 | SECRETARY/TREASURER | 16.00 | $25,427 | $0 | $0 |
| E BRADFORD DU PONT JR | ||||||||
| 100 WEST 10TH STREET SUITE 1109 | WILMINGTON | DE | 19801 | PRESIDENT | 5.00 | $0 | $0 | $0 |
| M LYNNE DU PONT | ||||||||
| 100 WEST 10TH STREET SUITE 1109 | WILMINGTON | DE | 19801 | VICE PRESIDENT | 5.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| GLENMEDE | |||||
| 1650 MARKET ST STE 1200 | PHILADELPHIA | PA | 19103 | INVESTMENT MANAGEMENT | $55,773 |
| WILMINGTON TRUST | |||||
| 1100 N MARKET ST | WILMINGTON | DE | 19890 | INVESTMENT MANAGEMENT | $50,618 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
| Expenses1 | $0 | Expenses1Amt |
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $23,480,473 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $38,550 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $23,519,023 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $23,519,023 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $352,785 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $23,166,238 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,158,312 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,158,312 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $25,330 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $25,330 | TotalTaxAmt |
| Distributable Before Adj | $1,132,982 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $1,132,982 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $1,132,982 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $841,159 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $841,159 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,132,982 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr1 | $420,077 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $420,077 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $841,159 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $841,159 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $291,823 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $291,823 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $128,254 | 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 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $128,254 | ExcessDistriCyovToNextYrAmt |
| Excess From Year1 | $128,254 | ExcessFromYear1Amt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | CHRISTOPHER GRUNDNER | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 WEST 10TH STREET | AddressLine1Txt |
| City | WILMINGTON | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 19801 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 3026838245 | RecipientPhoneNum |
| Recipient Email Address | INFO@CRESTLEA.ORG | RecipientEmailAddressTxt |
| Form And Info And Materials | APPLICATIONS MUST BE SUBMITTED THROUGH THE CRESTLEA WEBSITE, WWW.CRESTLEA.ORG, FOLLOWING THE GUIDELINES SPECIFIED. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | JANUARY 15 | SubmissionDeadlinesTxt |
| Restrictions On Awards | GENERALLY LIMITED TO DELAWARE AND SOUTHERN CHESTER COUNTY, PENNSYLVANIA. | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (36 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | Address Line2RecipientUSAddress/AddressLine2Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|---|
| ASPIRA OF DELAWARE | ||||||||
| C/O CRESTLEA FOUNDATION 100 W 10TH | ST | WILMINGTON | DE | 19801 | N/A | PC | EXPANSION TO HIGH SCHOOL | $20,000 |
| BRANDYWINE VALLEY SPCA | ||||||||
| C/O CRESTLEA FOUNDATION 100 W 10TH | ST | WILMINGTON | DE | 19801 | N/A | PC | NEW CASTLE CAMPUS | $20,000 |
| CENTRAL DELAWARE HABITAT FOR HUMANITY | ||||||||
| C/O CRESTLEA FOUNDATION 100 W 10TH | ST | WILMINGTON | DE | 19801 | N/A | PC | HOME REPAIR | $15,000 |
| CENTREVILLE LAYTON SCHOOL | ||||||||
| C/O CRESTLEA FOUNDATION 100 W 10TH | ST | WILMINGTON | DE | 19801 | N/A | PC | TECHNOLOGY UPGRADE | $45,000 |
| CHILDREN'S BEACH HOUSE | ||||||||
| C/O CRESTLEA FOUNDATION 100 W 10TH | ST | WILMINGTON | DE | 19801 | N/A | PC | GIRLS' DORM WALL REPAIR | $15,000 |
| COLONIAL CHAPTER-PARALYZED VETERANS OF AMERICA | ||||||||
| C/O CRESTLEA FOUNDATION 100 W 10TH | ST | WILMINGTON | DE | 19801 | N/A | PC | MEMBER AND CAREGIVER PROGRAM | $10,000 |
| CONNECTING GENERATIONS INC | ||||||||
| C/O CRESTLEA FOUNDATION 100 W 10TH | ST | WILMINGTON | DE | 19801 | N/A | PC | SEL FOR CHILDREN IN FOSTER CARE | $20,000 |
| DELAWARE MUSEUM OF NATURAL HISTORY | ||||||||
| C/O CRESTLEA FOUNDATION 100 W 10TH | ST | WILMINGTON | DE | 19801 | N/A | PC | MUSEUM METAMORPHOSIS | $40,000 |
| DOWN SYNDROME ASSOCIATION OF DELAWARE | ||||||||
| C/O CRESTLEA FOUNDATION 100 W 10TH | ST | WILMINGTON | DE | 19801 | N/A | PC | SUMMER CAMP EXPANSION | $20,000 |
| EDGE FOR TOMORROW | ||||||||
| C/O CRESTLEA FOUNDATION 100 W 10TH | ST | WILMINGTON | DE | 19801 | N/A | PC | HEALTHIER LEARNING SPACE FOR ALL | $20,000 |
| EXCEPTIONAL CARE FOR CHILDREN | ||||||||
| C/O CRESTLEA FOUNDATION 100 W 10TH | ST | WILMINGTON | DE | 19801 | N/A | PC | SIMBABY FOR RESPIRATORY TRAINING | $20,000 |
| FAITHFUL FRIENDS | ||||||||
| C/O CRESTLEA FOUNDATION 100 W 10TH | ST | WILMINGTON | DE | 19801 | N/A | PC | $250,000 MATCH CHALLENGE CAMPAIGN | $25,000 |
| FAME INC | ||||||||
| C/O CRESTLEA FOUNDATION 100 W 10TH | ST | WILMINGTON | DE | 19801 | N/A | PC | THE LEARNING LAB | $25,000 |
| FAMILY PROMISE OF SOUTHERN CHESTER COUNTY | ||||||||
| C/O CRESTLEA FOUNDATION 100 W 10TH | ST | WILMINGTON | DE | 19801 | N/A | PC | EVERY CHILD DESERVES A HOME | $10,000 |
| FAMILY SERVICE OF CHESTER COUNTY | ||||||||
| C/O CRESTLEA FOUNDATION 100 W 10TH | ST | WILMINGTON | DE | 19801 | N/A | PC | BILINGUAL COUNSELING IN KENNETT SQUARE | $25,000 |
| FIRST STATE SQUASH INC | ||||||||
| C/O CRESTLEA FOUNDATION 100 W 10TH | ST | WILMINGTON | DE | 19801 | N/A | PC | THE FIRST STATE SQUASH COURT CAMPAIGN | $20,000 |
| FRIENDS HOME IN KENNETT | ||||||||
| C/O CRESTLEA FOUNDATION 100 W 10TH | ST | WILMINGTON | DE | 19801 | N/A | PC | ENCLOSED WALKWAY FOR JACKSON BUILDING | $10,000 |
| FRIENDS OF COOCH'S BRIDGE HISTORIC SITE | ||||||||
| C/O CRESTLEA FOUNDATION 100 W 10TH | ST | WILMINGTON | DE | 19801 | N/A | PC | BUILT ENVIRONMENT RESTORATION | $15,000 |
| GRASS ROOTS RESCUE | ||||||||
| C/O CRESTLEA FOUNDATION 100 W 10TH | ST | WILMINGTON | DE | 19801 | N/A | PC | GRASS ROOTS RESCUE OPERATING SUPPORT | $10,000 |
| GREEN BERET PROJECT | ||||||||
| C/O CRESTLEA FOUNDATION 100 W 10TH | ST | WILMINGTON | DE | 19801 | N/A | PC | EQUIPPING YOUTH FOR TOMORROW | $25,000 |
| HAGLEY MUSEUM | ||||||||
| C/O CRESTLEA FOUNDATION 100 W 10TH | ST | WILMINGTON | DE | 19801 | N/A | PC | MONUMENT RESTORATION-DU PONT CO FOUNDING | $35,000 |
| HARPER'S HEART | ||||||||
| C/O CRESTLEA FOUNDATION 100 W 10TH | ST | WILMINGTON | DE | 19801 | N/A | PC | OPERATIONS EXPANSION | $10,000 |
| INDEPENDENCE SCHOOL | ||||||||
| C/O CRESTLEA FOUNDATION 100 W 10TH | ST | WILMINGTON | DE | 19801 | N/A | PC | SWALE FOOTBRIDGE | $25,000 |
| JEWISH FAMILY SERVICES OF DELAWARE | ||||||||
| C/O CRESTLEA FOUNDATION 100 W 10TH | ST | WILMINGTON | DE | 19801 | N/A | PC | SONIA S. SLOAN MATERNAL MENTAL HEALTH | $25,000 |
| KENNETT LIBRARY | ||||||||
| C/O CRESTLEA FOUNDATION 100 W 10TH | ST | WILMINGTON | DE | 19801 | N/A | PC | NEW KENNETT LIBRARY & RESOURCE CENTER | $30,000 |
| KINGSWOOD COMMUNITY CENTER INC | ||||||||
| C/O CRESTLEA FOUNDATION 100 W 10TH | ST | WILMINGTON | DE | 19801 | N/A | PC | THE NEW KINGSWOOD COMMUNITY CENTER (KCC) | $30,000 |
| LCH HEALTH & COMMUNITY SERVICES | ||||||||
| C/O CRESTLEA FOUNDATION 100 W 10TH | ST | WILMINGTON | DE | 19801 | N/A | PC | COMMUNITY ENGAGEMENT PROGRAM | $25,000 |
| LEADERSHIP DELAWARE | ||||||||
| C/O CRESTLEA FOUNDATION 100 W 10TH | ST | WILMINGTON | DE | 19801 | N/A | PC | DEVELOPING LEADERS/IMPACTING COMMUNITIES | $15,000 |
| OPERATION WARM | ||||||||
| C/O CRESTLEA FOUNDATION 100 W 10TH | ST | WILMINGTON | DE | 19801 | N/A | PC | NEW COATS FOR DELAWARE CHILDREN IN NEED | $6,000 |
| REACH RIVERSIDE DEVELOPMENT CORPORATION | ||||||||
| C/O CRESTLEA FOUNDATION 100 W 10TH | ST | WILMINGTON | DE | 19801 | N/A | PC | EMPOWER | $15,000 |
| READING ASSIST INSTITUTE | ||||||||
| C/O CRESTLEA FOUNDATION 100 W 10TH | ST | WILMINGTON | DE | 19801 | N/A | PC | READING ASSIST TECHNOLOGY EXPANSION | $20,000 |
| RONALD MCDONALD HOUSE OF DELAWARE | ||||||||
| C/O CRESTLEA FOUNDATION 100 W 10TH | ST | WILMINGTON | DE | 19801 | N/A | PC | GUESTROOM FLOORING REPLACEMENT PROJECT | $15,000 |
| THE GARAGE COMMUNITY & YOUTH CENTER | ||||||||
| C/O CRESTLEA FOUNDATION 100 W 10TH | ST | WILMINGTON | DE | 19801 | N/A | PC | CAREER READINESS: MAPS & CAREER COMPASS | $5,000 |
| THE NATURE CONSERVANCY | ||||||||
| C/O CRESTLEA FOUNDATION 100 W 10TH | ST | WILMINGTON | DE | 19801 | N/A | PC | MIDDLEFORD NORTH PRESERVE STEWARDSHIP | $20,000 |
| WILMINGTON SENIOR CENTER | ||||||||
| C/O CRESTLEA FOUNDATION 100 W 10TH | ST | WILMINGTON | DE | 19801 | N/A | PC | CAPITAL IMPROVEMENTS FOR WSC | $15,000 |
| ZOE MINISTRIES INC | ||||||||
| C/O CRESTLEA FOUNDATION 100 W 10TH | ST | WILMINGTON | DE | 19801 | N/A | PC | HANNAH'S HOUSE PROJECT SUPPORT | $30,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $731,000 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp (10 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | Address Line2RecipientUSAddress/AddressLine2Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|---|
| BEST BUDDIES DELAWARE | ||||||||
| C/O CRESTLEA FOUNDATION 100 W 10TH | ST | WILMINGTON | DE | 19801 | N/A | PC | DELAWARE FRIENDSHIP AND SOCIAL INCLUSION | $5,000 |
| CAMP ARROWHEAD | ||||||||
| C/O CRESTLEA FOUNDATION 100 W 10TH | ST | WILMINGTON | DE | 19801 | N/A | PC | RING THE BELL CAMPAIGN | $30,000 |
| CAMP POSSIBILITIES FOUNDATION | ||||||||
| C/O CRESTLEA FOUNDATION 100 W 10TH | ST | WILMINGTON | DE | 19801 | N/A | PC | CAMP FOR CHILDREN WITH DIABETES | $2,800 |
| CHABAD AT UNIVERSITY OF DELAWARE | ||||||||
| C/O CRESTLEA FOUNDATION 100 W 10TH | ST | WILMINGTON | DE | 19801 | N/A | PC | REBUILDING CHABAD AT UD | $20,000 |
| GREATER LEWES FOUNDATION | ||||||||
| C/O CRESTLEA FOUNDATION 100 W 10TH | ST | WILMINGTON | DE | 19801 | N/A | PC | DELAWARE'S HEROES OF PEARL HARBOR | $15,000 |
| LITERACY DELAWARE | ||||||||
| C/O CRESTLEA FOUNDATION 100 W 10TH | ST | WILMINGTON | DE | 19801 | N/A | PC | ON THE MOVE | $15,000 |
| MILFORD HOUSING DEVELOPMENT CORPORATION | ||||||||
| C/O CRESTLEA FOUNDATION 100 W 10TH | ST | WILMINGTON | DE | 19801 | N/A | PC | NONPROFIT CAPITAL IMPROVEMENT PLAN | $30,000 |
| PILOT SCHOOL INC | ||||||||
| C/O CRESTLEA FOUNDATION 100 W 10TH | ST | WILMINGTON | DE | 19801 | N/A | PC | SOFTWARE SYSTEMIZATION | $15,246 |
| SUSSEX MONTESSORI SCHOOL | ||||||||
| C/O CRESTLEA FOUNDATION 100 W 10TH | ST | WILMINGTON | DE | 19801 | N/A | PC | THE BARN AT SUSSEX MONTESSORI | $25,000 |
| UPLAND COUNTRY DAY SCHOOL | ||||||||
| C/O CRESTLEA FOUNDATION 100 W 10TH | ST | WILMINGTON | DE | 19801 | N/A | PC | BEESCHOOL PRESCHOOL RENOVATION | $50,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $208,046 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $256 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $443,612 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $1,541,878 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $1,985,746 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,985,746 | 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 | ACCOUNTING FEES | CategoryTxt |
| Amt | $9,015 | Amt |
| Net Investment Income | $4,508 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $4,507 | DisbursementsCharitablePrpsAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | FIXED INCOME | BondNm |
| EOY Book Value | $2,074,734 | EOYBookValueAmt |
| EOYFMV | $2,074,734 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | COMMON STOCK | StockNm |
| EOY Book Value | $18,867,444 | EOYBookValueAmt |
| EOYFMV | $18,867,444 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (3 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| ALTERNATIVE INVESTMENT | FMV | $1,231,891 | $1,231,891 |
| ALTERNATIVE MUTUAL FUNDS | FMV | $1,591,068 | $1,591,068 |
| MONEY MARKET HOLDINGS | FMV | $409,315 | $409,315 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| DUES AND SUBCRIPTIONS | $10,610 | $5,305 | $5,305 |
| OFFICERS AND DIRECTORS INSURANCE | $4,628 | $2,314 | $2,314 |
| UMBRELLA LIABILITY INSURANCE | $2,385 | $1,193 | $1,192 |
| MISCELLANEOUS | $6,025 | $3,013 | $3,012 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CHANGE IN UNREALIZED | Desc |
| Amt | $1,473,210 | Amt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | EXCISE TAX PAYABLE | Desc |
| BOY Book Value | $0 | BOYBookValueAmt |
| EOY Book Value | $1,743 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| INVESTMENT ADVISORY FEES | $106,480 | $106,480 | $0 |
| PAYROLL SERVICE FEES | $1,839 | $920 | $919 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| PAYROLL TAXES | $5,897 | $2,949 | $2,948 |
| EXCISE TAX | $25,330 | $0 | $0 |