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ROBERT & HELEN E GRANT FOUNDATION: Form 990PF, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
ROBERT & HELEN E GRANT FOUNDATION (EIN 46-3647196)
Tax period
2020-12-01 to 2021-11-30
Filed
2022-10-18
IRS object ID
202212919349100501
Schema version
2020v4.0
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)
Return2022-10-18T03:26:04-04:00ReturnTs
Tax Period End2021-11-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN953673745PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1ROBERT A PETTERSON CPABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line19683 TIERRA GRANDE ST STE 101AddressLine1Txt
CitySAN DIEGOCityNm
State AbbreviationCAStateAbbreviationCd
ZIP921266503ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2020-12-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN463647196EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ROBERT & HELEN E GRANT FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlROBEBusinessNameControlTxt
Phone8586950596PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line19683 TIERRA GRANDE ST STE 101AddressLine1Txt
CitySAN DIEGOCityNm
State AbbreviationCAStateAbbreviationCd
ZIP921266503ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonROBERT A PETTERSONPersonNm
Person TitleCEO/CHAIRPersonTitleTxt
Phone8586950596PhoneNum
Signature2022-10-17SignatureDt

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstROBERTPersonFirstNm
Person LastPETTERSONPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonROBERT A PETTERSONPreparerPersonNm
PTINP01295415PTIN
Phone8586950596PhoneNum
Preparation2022-10-18PreparationDt
Self EmployedYes (X)SelfEmployedInd
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$1,448,694FMVAssetsEOYAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$100,000ContriRcvdRevAndExpnssAmt
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$6,458InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$6,458InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$53,611DividendsRevAndExpnssAmt
Dividends Net Invst Incm$53,611DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$10,820NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$162,226GrossSalesPriceAmt
Total Rev And Expnss$170,889TotalRevAndExpnssAmt
Total Net Invst Incm$60,069TotalNetInvstIncmAmt
Taxes Rev And Expnss$93TaxesRevAndExpnssAmt
Other Expenses Rev And Expnss$3,457OtherExpensesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$3,550TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$90,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$90,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$93,550TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$90,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$77,339ExcessRevenueOverExpensesAmt
Net Investment Income$60,069NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$16,240SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$21,202SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$21,202SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$685,239CorporateStockBOYAmt
Corporate Stock EOY$717,940CorporateStockEOYAmt
Corporate Stock EOYFMV$918,271CorporateStockEOYFMVAmt
Corporate Bonds BOY$462,011CorporateBondsBOYAmt
Corporate Bonds EOY$501,687CorporateBondsEOYAmt
Corporate Bonds EOYFMV$509,221CorporateBondsEOYFMVAmt
Total Assets BOY$1,163,490TotalAssetsBOYAmt
Total Assets EOY$1,240,829TotalAssetsEOYAmt
Total Assets EOYFMV$1,448,694TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$1,163,490NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$1,240,829NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$1,163,490TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$1,240,829TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$1,163,490TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$1,240,829TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$1,163,490TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$77,339ExcessRevenueOverExpensesAmt
Subtotal$1,240,829SubtotalAmt
Tot Net Ast Or Fund Balances EOY$1,240,829TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$835InvestmentIncomeExciseTaxAmt
Subtotal$835SubtotalAmt
Tax Based On Investment Income$835TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$480EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$480TotalPaymentsAndCreditsAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$1EsPenaltyAmt
Tax Due$356TaxDueAmt

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 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 AddressNAWebsiteAddressTxt
Individual With BooksROBERT PETTERSONIndividualWithBooksNm
Phone8586950596PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line19683 TIERRA GRANDE STAddressLine1Txt
Address Line2SUITE 101AddressLine2Txt
CitySAN DIEGOCityNm
State AbbreviationCAStateAbbreviationCd
ZIP92126ZIPCd
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
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 (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
ROBERT A PETTERSON
9683 TIERRA GRANDE ST STE 101SAN DIEGOCA92126CEO/CHAIR000.00$0$0$0
GAIL J PETTERSON
9683 TIERRA GRANDE ST STE 101SAN DIEGOCA92126SECRETARY/TR000.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$1,345,897AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$18,721AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$1,364,618TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$1,364,618AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$20,469CashDeemedCharitableAmt
Net Vl Noncharitable Assets$1,344,149NetVlNoncharitableAssetsAmt
Minimum Investment Return$67,207MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$67,207MinimumInvestmentReturnAmt
Tax Based On Investment Income$835TaxBasedOnInvestmentIncomeAmt
Total Tax$835TotalTaxAmt
Distributable Before Adj$66,372DistributableBeforeAdjAmt
Distributable Before Ded$66,372DistributableBeforeDedAmt
Distributable As Adjusted$66,372DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$90,000ExpensesAndContributionsAmt
Qualifying Distributions$90,000QualifyingDistributionsAmt
Adjusted Qualifying Distri$90,000AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$66,372DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$6,326ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$8,079ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$31,745ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$37,311ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$31,551ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$115,012TotalExcessDistributionCyovAmt
Qualifying Distributions$90,000QualifyingDistributionsAmt
Applied To Current Year$66,372AppliedToCurrentYearAmt
Remaining Distri From Corpus$23,628RemainingDistriFromCorpusAmt
Total Corpus$138,640TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$6,326ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$132,314ExcessDistriCyovToNextYrAmt
Excess From Year4$8,079ExcessFromYear4Amt
Excess From Year3$31,745ExcessFromYear3Amt
Excess From Year2$37,311ExcessFromYear2Amt
Excess From Year1$31,551ExcessFromYear1Amt
Excess From Current Year$23,628ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (3 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
PROMISES2KID
9400 RUFFIN COURT SUITE ASAN DIEGOCA92123NONECAMP CONNECT FUNDING$50,000
SAN DIEGO NATURAL HISTORY MUSEUM
PO BOX 121390SAN DIEGOCA921121390NONESDNAT SUMMER CAMP SCHOLARSHIPS$20,000
SAN DIEGO YMCA
3708 RUFFIN ROADSAN DIEGOCA92123NONECAMP MARSTON SCHOLARSHIPS$20,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$90,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$6,458ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$53,611ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$10,820RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$60,069ExclusionAmt
Related Or Exempt Function Incm$10,820RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$70,889TotalIncomeProducingActyAmt

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

Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch

Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (9 entries)

AssetAssetDescAcquiredAcquiredDtHow AcquiredHowAcquiredTxtSoldSoldDtGross Sales PriceGrossSalesPriceAmtBasisBasisAmtTotal NetTotalNetAmt
DOMINION ENERGY2017-10PURCHASE2021-10$30,249$32,580-$2,331
IRON MTN INC2017-03PURCHASE2021-06$16,839$12,893$3,946
MGM GROWTH PROPERTIES2017-06PURCHASE2021-08$20,099$13,786$6,313
MGM GROWTH PROPERTIES2017-06PURCHASE2021-08$8,040$5,601$2,439
MGM GROWTH PROPERTIES2019-11PURCHASE2021-08$12,059$9,210$2,849
PPL CORP2017-03PURCHASE2021-10$14,367$18,300-$3,933
SYSCO CORP2020-06PURCHASE2021-06$11,715$8,797$2,918
BLACKROCK SCIENCE & TECHNOLOGY2019-05PURCHASE2021-07$119$119
UBS ACESS PORTFOLIO2020-11PURCHASE2021-11$48,739$50,239-$1,500

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp (12 entries)

BondBondNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
1 BANK OF AMERICA 6.25%$16,322$16,260
1 BP CPTL MARK PLC 3.535%$10,149$10,635
1 COMCAST CORP 3.15%$8,872$9,587
1 METLIFE INC$26,731$31,032
2 FT-PREFERRED SEC & INC$49,301$50,350
2 MS US GOVERNMENT$6,796$2,489
BLACKROCK INNOVATION & GROWTH$25,000$19,900
3 CALMOS$21,004$29,977
3 FRANKLIN INCOME A$35,970$38,085
ACCRUED INTEREST$6,837
UBS FIXED INCOME BONDS$12,443$12,954
UBS FIXED INCOME PREF SEC$282,262$287,952

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (43 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
AT&T$29,814$15,981
BRIXMORE PPTY GRP REIT$4,675$5,685
CHEVERON CORP$31,486$33,861
CROWN CASTLE$28,033$54,495
CVS HEALTH CORP$20,679$22,265
DOMINION
DOW INC$23,787$21,972
DUKE ENERGY CORP$40,693$48,505
GAMING & LEISURE PTTYS$39,370$36,096
GENERAL MOTORS$31,664$34,722
GLAXOSMITHKLINE$28,335$26,728
HEALTHPEAK PPTYS INC$14,504$11,501
IRON MTN INC$13,647$17,040
JOHNSON & JOHNSON$9,803$15,593
JPMORGAN CHASE$6,717$15,883
MASTERCARD INC CL A$10,912$47,238
MEDTRONIC PLC$12,177$16,005
MGM GROWTH PROPERTIES$1,045$711
MICROSOFT$9,596$56,118
MONDELEZ INTL INC$17,598$23,576
PLYMONTH INDI REIT INC$16,527$29,750
PFIZER INC$20,599$32,238
PHILLIP MORRIS$25,645$25,782
PPL CORP
PROCTOR & GAMBLE CO$13,599$21,687
RAYTHEON TECHNOLOGIES$28,476$36,414
REALTY INCOME CORP$24,760$27,168
ROYAL DUTCH SHELL$38,032$25,236
SIEMENS AG$10,635$12,006
SOUTHERN CO$14,130$18,330
SPIRIT MTA REIT$808$1
SPIRIT REALTY CAPITAL$10,809$8,020
SYSCO
VERIZON COMMUNICATIONS$23,355$25,135
VIACOM CBS$6,163$7,738
VIATRIS INC$985$911
W P CARY INC REIT$29,573$30,540
BLACKROCK SCIENCE & TECH$12,109$14,007
BLACKROCK SCIENCE & TECH II$7,129$19,900
X FIRST TRUST STOXX EUROPEAN ETF$18,314$20,730
X JOHN HANCOCK FIN OPPORTUNITIES$14,406$16,728
SDPR BLOOMBERG$27,351$41,975
ROUNDING

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt
EXPENSES
INVESTMENT ACCT FEES$175
INVESTMENT MANAGEMENT FEES$3,256
INVESTMENT TRANSACTION FEES$26

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (4 entries)

CategoryCategoryTxtAmtAmt
CALIFORNIA FILING FEE$10
CHARITABLE TRUST FILING FEE
FEDERAL NET INVESTMENT TAX
FOREIGN INCOME TAX WITHHELD OF D$83

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