BETA

LORENZINI FAMILY FOUNDATION: Form 990PF, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
LORENZINI FAMILY FOUNDATION (EIN 85-1044989)
Tax period
2021-01-01 to 2021-12-31
Filed
2022-11-11
IRS object ID
202203159349103460
Schema version
2021v4.2
Note
A later return for the same period supersedes this one.
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)
Return2022-11-11T22:04:10-06:00ReturnTs
Tax Period End2021-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Foundation SourceBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line13333 New Hyde Park Rd Ste 406AddressLine1Txt
CityNew Hyde ParkCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11042ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2021-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN851044989EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Lorenzini Family FoundationBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% Foundation SourceInCareOfNm
Business Name ControlLOREBusinessNameControlTxt
Phone8008391754PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1Foundation Source 501 Silverside RdAddressLine1Txt
CityWilmingtonCityNm
State AbbreviationDEStateAbbreviationCd
ZIP198091377ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonROBIN LORENZINIPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone8008391754PhoneNum
Signature2022-11-10SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstROBINPersonFirstNm
Person LastLORENZINIPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJeffrey D HaskellPreparerPersonNm
PTINP01345770PTIN
Phone8008391754PhoneNum

Additional Filer Information AdditionalFilerInformation

FieldValueIRS element (for citing)
Trusted CustomerTrustedCustomerGrp
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$8,468,865FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$493,255ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$95InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$95InterestOnSavNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$877,371NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$2,375,196GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$2,375,196CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss$335OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm$335OtherIncomeNetInvstIncmAmt
Total Rev And Expnss$1,371,056TotalRevAndExpnssAmt
Total Net Invst Incm$2,375,626TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$0CompOfcrDirTrstRevAndExpnssAmt
Other Prof Fees Rev And Expnss$3,000OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$3,000OtherProfFeesNetInvstIncmAmt
Taxes Rev And Expnss$34,781TaxesRevAndExpnssAmt
Other Expenses Rev And Expnss$45,698OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$734OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl$44,964OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$83,479TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$3,734TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$44,964TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$1,557,400ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$1,557,400ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$1,640,879TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$3,734TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$1,602,364TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$269,823ExcessRevenueOverExpensesAmt
Net Investment Income$2,371,892NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$46,909SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$819,976SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$819,976SavAndTempCashInvstEOYFMVAmt
Other Nts And Loans Rcvbl$300,000OtherNtsAndLoansRcvblAmt
Other Nts And Loans Rcvbl EOY$300,000OtherNtsAndLoansRcvblEOYAmt
Other Nts And Loans Rcvbl EOYFMV$300,000OtherNtsAndLoansRcvblEOYFMVAmt
Corporate Stock BOY$9,443,032CorporateStockBOYAmt
Corporate Stock EOY$7,945,207CorporateStockEOYAmt
Corporate Stock EOYFMV$7,190,555CorporateStockEOYFMVAmt
Other Investments EOY$154,935OtherInvestmentsEOYAmt
Other Investments EOYFMV$158,334OtherInvestmentsEOYFMVAmt
Total Assets BOY$9,489,941TotalAssetsBOYAmt
Total Assets EOY$9,220,118TotalAssetsEOYAmt
Total Assets EOYFMV$8,468,865TotalAssetsEOYFMVAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$9,489,941RetainedEarningBOYAmt
Retained Earning EOY$9,220,118RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$9,489,941TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$9,220,118TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$9,489,941TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$9,220,118TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$9,489,941TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$269,823ExcessRevenueOverExpensesAmt
Subtotal$9,220,118SubtotalAmt
Tot Net Ast Or Fund Balances EOY$9,220,118TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
PropertyPublicly-traded SecuritiesPropertyDesc
Gross Sales Price$2,375,196GrossSalesPriceAmt
Cost Or Other Basis$0CostOrOtherBasisAmt
Gain Or Loss$2,375,196GainOrLossAmt
Gains Minus Excess Or Losses$2,375,196GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income$2,375,196CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$32,969InvestmentIncomeExciseTaxAmt
Subtotal$32,969SubtotalAmt
Tax Based On Investment Income$32,969TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$33,100EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce$0ExemptFrgnOrgTaxWthldAtSrceAmt
Extsn Request Income Tax Paid$800ExtsnRequestIncomeTaxPaidAmt
Total Payments And Credits$33,900TotalPaymentsAndCreditsAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$0EsPenaltyAmt
Overpayment$931OverpaymentAmt
Applied To ES Tax$931AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateDEOrgReportOrRegisterStateCd
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

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1Foundation SourceBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8008391754PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1501 Silverside Road Suite 123AddressLine1Txt
CityWilmingtonCityNm
State AbbreviationDEStateAbbreviationCd
ZIP198091377ZIPCd
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
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 (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
Caden McKinstry Lorenzini
Foundation Source 501 Silverside RdWilmingtonDE198091377Sec1.0$0$0$0
Court V Lorenzini
Foundation Source 501 Silverside RdWilmingtonDE198091377Treas1.0$0$0$0
Robin Neff Lorenzini
Foundation Source 501 Silverside RdWilmingtonDE198091377Dir, Pres1.0$0$0$0
FieldValueIRS element (for citing)
Summary Of Direct Chrtbl ActySummaryOfDirectChrtblActyGrp
Sum Of Program Related InvstSumOfProgramRelatedInvstGrp

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$12,073,874AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$235,936AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$128,288FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$12,438,098TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$12,438,098AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$186,571CashDeemedCharitableAmt
Net Vl Noncharitable Assets$12,251,527NetVlNoncharitableAssetsAmt
Minimum Investment Return$612,576MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$612,576MinimumInvestmentReturnAmt
Tax Based On Investment Income$32,969TaxBasedOnInvestmentIncomeAmt
Total Tax$32,969TotalTaxAmt
Distributable Before Adj$579,607DistributableBeforeAdjAmt
Distributable Before Ded$579,607DistributableBeforeDedAmt
Distributable As Adjusted$579,607DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$1,602,364ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Charitable Assets Acquis Paid$0CharitableAssetsAcquisPaidAmt
Set Aside Suitability Test$0SetAsideSuitabilityTestAmt
Set Aside Cash Distri Test$0SetAsideCashDistriTestAmt
Qualifying Distributions$1,602,364QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$579,607DistributableAsAdjustedAmt
Prior Year12019PriorYear1Yr
Prior Year22018PriorYear2Yr
Prior Year32017PriorYear3Yr
Excess Distribution Cyov Yr1$343,119ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$343,119TotalExcessDistributionCyovAmt
Qualifying Distributions$1,602,364QualifyingDistributionsAmt
Applied To Current Year$579,607AppliedToCurrentYearAmt
Remaining Distri From Corpus$1,022,757RemainingDistriFromCorpusAmt
Total Corpus$1,365,876TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$1,365,876ExcessDistriCyovToNextYrAmt
Excess From Year1$343,119ExcessFromYear1Amt
Excess From Current Year$1,022,757ExcessFromCurrentYearAmt
FieldValueIRS element (for citing)
Private Operating FoundationsPrivateOperatingFoundationsGrp

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerCourt V LorenziniContributingManagerNm
Contributing ManagerRobin Neff LorenziniContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (19 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
BROOKLYN BRIDGE FENCING FOUNDATION INC
68 JAY ST STE 508BROOKLYNNY11201N/APCFencing in the Park$50,000
DUKE UNIVERSITY
PO BOX 90581DURHAMNC27708N/APCThe Lorenzini Family Scholarship Fund$125,000
DUKE UNIVERSITY
PO BOX 90581DURHAMNC27708N/APCPratt Annual Fund$20,000
DUKE UNIVERSITY
PO BOX 90581DURHAMNC27708N/APCDuke Technology Scholars Program$500,000
EARTH ISLAND INSTITUTE INC
2150 ALLSTON WAY STE 460BERKELEYCA94704N/APCHerbicide Free Campus$5,000
MOUNT CALVARY LUTHERAN CHRUCH
472 MASSACHUSETTS AVEACTONMA01720N/APCGeneral & Unrestricted$8,400
ONE4ALL CHARITABLE FUND
1306 W EASTMAN STBOISEID83702N/APCthe Cause App$90,000
PRADER-WILLI SYNDROME ASSOCIATION
8588 POTTER PARK DR STE 500SARASOTAFL34238N/APCProduction of a documentary film preliminarily titled "The Life You're Given"$37,000
SEEDS FINE ART EXHIBITS
241 N CAMBRIDGE STORANGECA92866N/APCGeneral & Unrestricted$5,000
THE ONE LOVE FOUNDATION IN HONOR OF YEARDLEY LOVE
44 PONDFIELD ROAD STE 12BRONXVILLENY10708N/APCFor the ACG One Love Education Center Project$50,000
THE PHILANTHROPY WORKSHOP INC
110 E 25TH STNEW YORKNY10010N/APCGeneral & Unrestricted$20,000
THE VOTER PARTICIPATION CENTER
1707 L ST NW STE 950WASHINGTONDC20036N/APCGeneral & Unrestricted$250,000
THE YOUNG MENS CHRISTIAN ASSOCIATION OF GREATER SE
909 4TH AVESEATTLEWA98104N/APCHeritage Month Events$10,000
TIDES FOUNDATION
PO BOX 889389LOS ANGELESCA90088N/APCMovement Voter Fund$10,000
UNITED STATES OLYMPIC AND PARALYMPIC FOUNDATION
1 OLYMPIC PLZCOLORADO SPRINGSCO80909N/APCGeneral & Unrestricted$95,000
VILLANOVA UNIVERSITY
800 E LANCASTER AVEVILLANOVAPA19085N/APCTo Establish the Intergroup Dialogue Center of Diversity, Equity and Inclusion at Villanova University$165,000
VILLANOVA UNIVERSITY
800 E LANCASTER AVEVILLANOVAPA19085N/APCThe McNulty Institute$100,000
VILLANOVA UNIVERSITY
800 E LANCASTER AVEVILLANOVAPA19085N/APCThe McNulty Institute Fund$14,500
WESLEY COMMUNITY CENTER
PO BOX 7099CORP CHRISTITX78467N/APCGeneral & Unrestricted$2,500
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$1,557,400TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

FieldValueIRS element (for citing)
Fees Contracts From Govt AgFeesContractsFromGovtAgGrp
Membership Dues And AssmntMembershipDuesAndAssmntGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$95ExclusionAmt
FieldValueIRS element (for citing)
Dividends And Interest From Sec DtlDividendsAndInterestFromSecDtl
Net Rntl Incm Re Debt Fincd PropNetRntlIncmReDebtFincdPropGrp
Net Rntl Incm Re Not Debt Fincd PropNetRntlIncmReNotDebtFincdProp
Net Rental Income Personal PropNetRentalIncomePersonalPropGrp
Other Investment IncomeOtherInvestmentIncomeGrp

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$877,371ExclusionAmt
FieldValueIRS element (for citing)
Net Income Loss From Special EvtNetIncomeLossFromSpecialEvtGrp
Gross Profit Loss Sls Of InvntryGrossProfitLossSlsOfInvntryGrp

Other Revenue Described OtherRevenueDescribedGrp

FieldValueIRS element (for citing)
DescK-1 Inc/LossDesc
Exclusion14ExclusionCd
Exclusion$335ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$877,801ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$877,801TotalIncomeProducingActyAmt

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

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum
Contributor PersonLorenzini Court VContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line13310 97th AveAddressLine1Txt
CityMercer IslandCityNm
State AbbreviationWAStateAbbreviationCd
ZIP98040ZIPCd
FieldValueIRS element (for citing)
Total Contributions$493,255TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

Depreciation Schedule DepreciationSchedule

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockDOCUSIGN INCStockNm
EOY Book Value$7,945,207EOYBookValueAmt
EOYFMV$7,190,555EOYFMVAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (2 entries)

Category Or ItemCategoryOrItemTxtBook ValueBookValueAmtEOYFMVEOYFMVAmt
FIRST ROW PARTNERS FUND I, LP$29,876$33,334
GG GREENHOUSE FUND I, LP$125,059$125,000

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmtNet Investment IncomeNetInvestmentIncomeAmt
Administrative Fees$44,872$44,872
K-1 Exp FIRST ROW PARTNERS FUN$458$458
K-1 Exp GG GREENHOUSE FUND I,$276$276
Postage/Delivery Service$67$67
State or Local Filing Fees$25$25

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

FieldValueIRS element (for citing)
DescK-1 Inc/Loss GG GREENHOUSE FUND I, LPDesc
Revenue And Expenses Per Books$335RevenueAndExpensesPerBooksAmt
Net Investment Income$335NetInvestmentIncomeAmt

Other Notes Loans Rcvbl Long Sch OtherNotesLoansRcvblLongSch

Other Notes Loans Rcvbl Long OtherNotesLoansRcvblLongGrp

Borrower Name BorrowerNameGrp

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CAUZE INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Loan Original$300,000LoanOriginalAmt
Balance Due$300,000BalanceDueAmt
Note2021-08NoteDt
Loan Maturity2022-09LoanMaturityDt
Repayment TermsPRIN AND INT ON/AFTER MATURITY DATERepaymentTermsTxt
Interest0.18InterestRt
Security Provided BorrowerNONESecurityProvidedBorrowerTxt
Loan PurposeINVESTMENTLoanPurposeTxt
Lender ConsiderationCASHLenderConsiderationDesc
Consideration FMV$300,000ConsiderationFMVAmt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryInvestment Management ServicesCategoryTxt
Amt$3,000Amt
Net Investment Income$3,000NetInvestmentIncomeAmt

Reasonable Cause Explanation ReasonableCauseExplanation

FieldValueIRS element (for citing)
ExplanationThe Foundation's tax preparer is located in Nassau County, NY, which, per IRS release NY-2021-01 announced on September 9, 2021, is included in the list of localities that constitute a covered disaster area for purposes of Treas. Reg. Sec. 301.7508A-1(d)(2) and are entitled to tax relief due to Hurricane Ida. Additional time was needed to calculate and transmit the tax payment. Therefore, Form 2220 indicates that the Q3 or Q4 estimated tax payment made on or before the extended deadline of February 15, 2022 was, in fact, made timely on the original due date of such payment. We respectfully request that no late payment penalties be assessed in connection with such payment(s) per Treas. Reg. Sec. 301.7508A-1(c)(1).ExplanationTxt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmt
990-PF Estimated Tax for 2021$33,100
990-PF Excise Tax for 2020$1,681

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