SAXENA FAMILY FOUNDATION: Form 990PF, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
SAXENA FAMILY FOUNDATION (EIN 27-4196021)
Tax period
2021-01-01 to 2021-12-31
Filed
2022-11-03
IRS object ID
202213079349100846
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 ReturnHeader

FieldValueIRS element (for citing)
Return2022-11-03T20:57:13-05:00ReturnTs
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)
EIN274196021EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Saxena Family FoundationBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% Foundation SourceInCareOfNm
Business Name ControlSAXEBusinessNameControlTxt
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)
Personsapna saxenaPersonNm
Person TitlesecretaryPersonTitleTxt
Phone8008391754PhoneNum
Signature2022-11-01SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstsapnaPersonFirstNm
Person LastsaxenaPersonLastNm
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$9,668,621FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$1,821,900ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$400InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$400InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$90,640DividendsRevAndExpnssAmt
Dividends Net Invst Incm$90,640DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$552,734NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$1,569,656GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$805,017CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$2,465,674TotalRevAndExpnssAmt
Total Net Invst Incm$896,057TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$10,417CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl$10,417CompOfcrDirTrstDsbrsChrtblAmt
Pension Empl Bnft Rev And Expnss$1,055PensionEmplBnftRevAndExpnssAmt
Pension Empl Bnft Dsbrs Chrtbl$1,055PensionEmplBnftDsbrsChrtblAmt
Legal Fees Rev And Expnss$2,000LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm$0LegalFeesNetInvstIncmAmt
Legal Fees Adj Net Incm$0LegalFeesAdjNetIncmAmt
Legal Fees Dsbrs Chrtbl$2,000LegalFeesDsbrsChrtblAmt
Other Prof Fees Rev And Expnss$65,987OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$65,987OtherProfFeesNetInvstIncmAmt
Taxes Rev And Expnss$16,361TaxesRevAndExpnssAmt
Taxes Net Invst Incm$1,001TaxesNetInvstIncmAmt
Other Expenses Rev And Expnss$35,374OtherExpensesRevAndExpnssAmt
Other Expenses Dsbrs Chrtbl$35,374OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$131,194TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$66,988TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm$0TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$48,846TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$183,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$183,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$314,194TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$66,988TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm$0TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl$231,846TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$2,151,480ExcessRevenueOverExpensesAmt
Net Investment Income$829,069NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$382,757SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$324,965SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$324,965SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$4,498,350CorporateStockBOYAmt
Corporate Stock EOY$6,455,122CorporateStockEOYAmt
Corporate Stock EOYFMV$8,934,541CorporateStockEOYFMVAmt
Other Investments BOY$252,500OtherInvestmentsBOYAmt
Other Investments EOY$505,000OtherInvestmentsEOYAmt
Other Investments EOYFMV$409,115OtherInvestmentsEOYFMVAmt
Total Assets BOY$5,133,607TotalAssetsBOYAmt
Total Assets EOY$7,285,087TotalAssetsEOYAmt
Total Assets EOYFMV$9,668,621TotalAssetsEOYFMVAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$5,133,607RetainedEarningBOYAmt
Retained Earning EOY$7,285,087RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$5,133,607TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$7,285,087TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$5,133,607TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$7,285,087TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$5,133,607TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$2,151,480ExcessRevenueOverExpensesAmt
Subtotal$7,285,087SubtotalAmt
Tot Net Ast Or Fund Balances EOY$7,285,087TotNetAstOrFundBalancesEOYAmt

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$1,569,656GrossSalesPriceAmt
Cost Or Other Basis$764,639CostOrOtherBasisAmt
Gain Or Loss$805,017GainOrLossAmt
Gains Minus Excess Or Losses$805,017GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income$805,017CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$11,524InvestmentIncomeExciseTaxAmt
Subtotal$11,524SubtotalAmt
Tax Based On Investment Income$11,524TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$9,247EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce$0ExemptFrgnOrgTaxWthldAtSrceAmt
Extsn Request Income Tax Paid$2,600ExtsnRequestIncomeTaxPaidAmt
Total Payments And Credits$11,847TotalPaymentsAndCreditsAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$13EsPenaltyAmt
Overpayment$310OverpaymentAmt
Applied To ES Tax$310AppliedToESTaxAmt

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 PrsnYes (true)PayCompDisqualifiedPrsnInd
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 (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
Jitendra Saxena
Foundation Source 501 Silverside RdWilmingtonDE198091377Pres, Dir, Sec1.0$0$0$0
Sapna Saxena
Foundation Source 501 Silverside RdWilmingtonDE198091377Dir, Treas5.0$10,417$0$0

Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1UBS Financial ServicesBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1299 Park Avenue 25th FLAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10171ZIPCd
FieldValueIRS element (for citing)
Service TypeInvestment MgmtServiceTypeTxt
Compensation$65,987CompensationAmt
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$6,738,478AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$304,741AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$409,115FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$7,452,334TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$7,452,334AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$111,785CashDeemedCharitableAmt
Net Vl Noncharitable Assets$7,340,549NetVlNoncharitableAssetsAmt
Minimum Investment Return$367,027MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$367,027MinimumInvestmentReturnAmt
Tax Based On Investment Income$11,524TaxBasedOnInvestmentIncomeAmt
Total Tax$11,524TotalTaxAmt
Distributable Before Adj$355,503DistributableBeforeAdjAmt
Distributable Before Ded$355,503DistributableBeforeDedAmt
Distributable As Adjusted$355,503DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$231,846ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Charitable Assets Acquis Paid$0CharitableAssetsAcquisPaidAmt
Set Aside Suitability Test$0SetAsideSuitabilityTestAmt
Set Aside Cash Distri Test$0SetAsideCashDistriTestAmt
Qualifying Distributions$231,846QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$355,503DistributableAsAdjustedAmt
Prior Year12019PriorYear1Yr
Prior Year22018PriorYear2Yr
Prior Year32017PriorYear3Yr
Excess Distribution Cyov Yr2$642,068ExcessDistributionCyovYr2Amt
Total Excess Distribution Cyov$642,068TotalExcessDistributionCyovAmt
Qualifying Distributions$231,846QualifyingDistributionsAmt
Applied To Current Year$231,846AppliedToCurrentYearAmt
Remaining Distri From Corpus$0RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus$123,657ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$123,657ExcessDistributionCyovAppCYAmt
Total Corpus$518,411TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$518,411ExcessDistriCyovToNextYrAmt
Excess From Year2$518,411ExcessFromYear2Amt
FieldValueIRS element (for citing)
Private Operating FoundationsPrivateOperatingFoundationsGrp

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (7 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
AKSHAYA PATRA FOUNDATION USA
6800 OWENSMOUTH AVE STE 230CANOGA PARKCA91303N/APCAkshaya Patra kitchen in Panvel, Maharashtra$36,500
COOLIDGE CORNER THEATRE FOUNDATION INC
290 HARVARD STBROOKLINEMA02446N/APCGeneral & Unrestricted$1,500
IFRE INC
250 W 55TH ST 25TH FL 25BNEW YORKNY10019N/APCGeneral & Unrestricted$60,000
INTERNATIONAL RESCUE COMMITTEE INC
PO BOX 6068ALBERT LEAMN56007N/APCGeneral & Unrestricted$5,000
PRATHAM USA
9703 RICHMOND AVE STE 102HOUSTONTX77042N/APCCOVID-19 India Relief FUND$50,000
SPECIAL OLYMPICS MASSACHUSETTS INC
512 FOREST STMALBOROUGHMA01752N/APCGeneral & Unrestricted$5,000
VISION-AID INCORPORATED
8 VINE BROOK RDLEXINGTONMA02421N/APCCharitable Event$25,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$183,000TotalGrantOrContriPdDurYrAmt

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$400ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$90,640ExclusionAmt
FieldValueIRS element (for citing)
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$552,734ExclusionAmt
FieldValueIRS element (for citing)
Net Income Loss From Special EvtNetIncomeLossFromSpecialEvtGrp
Gross Profit Loss Sls Of InvntryGrossProfitLossSlsOfInvntryGrp

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$643,774ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$643,774TotalIncomeProducingActyAmt

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 PersonSaxena JitendraContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line147 Flanagan DriveAddressLine1Txt
CityFraminghamCityNm
State AbbreviationMAStateAbbreviationCd
ZIP01701ZIPCd
FieldValueIRS element (for citing)
Total Contributions$1,821,900TotalContributionsAmt
Noncash ContributionYes (X)NoncashContributionInd

Non Cash Property Contribution NonCashPropertyContributionGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum
Noncash PropertyCITIGROUP INC C, 30000 sh.NoncashPropertyDesc
Fair Market Value$1,821,900FairMarketValueAmt
Received2021-12-30ReceivedDt

Depreciation Schedule DepreciationSchedule

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (62 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
ABBOTT LABS$40,365$49,681
ACCENTURE PLC$54,127$174,526
ADOBE SYSTEMS, INC$36,917$43,664
ALPHABET INC CL A$97,095$165,131
AMAZON COM$165,174$173,386
AMERICAN ELECTRIC POWER INC$34,062$33,542
AMERICAN TOWER REIT INC$26,027$31,590
AMERIPRISE FINANCIAL INC$28,678$47,059
APPLE INC$210,308$827,121
APPLIED MATERIALS INC$33,801$42,645
BLACKROCK INC$55,586$159,307
BOOKING HOLDINGS INC$24,754$26,392
BOSTON SCIENTIFIC$33,214$35,683
CHEVRON CORP$62,328$64,895
CHUBB LIMITED$49,883$73,071
CITIGROUP INC$1,821,899$1,811,699
COLGATE-PALMOLIVE COMPANY$65,040$95,581
COMCAST CORP$74,951$88,782
COSTCO WHOLESALE CORPORATION$25,677$39,739
DANAHER CORP$18,214$27,308
DOLLAR GENERAL CORP$27,630$31,130
EATON VANCE GLOBAL MACRO FD CL$110,385$103,852
ESTEE LAUDER COMPANIES INC$14,958$22,952
FIDELITY NATIONAL INFORMATION$47,330$36,784
FRANKLIN K2 ALTERNATIVE STRATE$195,000$211,336
GEN DYNAMICS CP$41,603$104,652
HOME DEPOT INC$95,390$219,125
HONEYWELL INTL$48,908$128,025
INTEL CORP$64,565$90,022
INTERCONTINENTAL EXCHANGE, INC$23,483$30,636
JOHNSON & JOHNSON$52,527$104,524
JP MORGAN CHASE$85,797$121,613
LOWES COMPANIES INC$37,419$53,505
MATTHEWS INDIA FUND$275,956$285,598
MCDONALD'S CORP$55,073$79,081
MEDTRONIC PLC$73,966$96,726
META PLATFORMS INC$85,155$104,269
MICROSOFT CORP$406,701$918,154
NIKE INC-CL B$22,962$26,167
NOVARTIS AG ADR$70,171$78,198
O'REILLY AUTOMOTIVE INC$32,327$48,024
PARKER HANNIFIN CP$36,659$43,264
PEPSICO INC$53,204$126,635
PHILLIPS 66$42,703$50,722
PROCTER GAMBLE CO$56,887$84,734
PRUDENTIAL SHORT DURATION HIGH$115,261$110,361
PUTNAM SHORT DURATION INCOME F$325,434$324,668
RAYTHEON TECHNOLOGIES CORP$78,934$139,159
ROCKWELL AUTOMATION INC$47,454$121,400
S&P GLOBAL INC COM$17,051$21,237
SALESFORCE.COM$46,825$50,318
SEMPRA ENERGY COM$37,280$71,828
SHERWIN-WILLIAMS CO$27,373$40,146
TEXAS INSTRUMENTS INC$59,032$115,909
THERMO FISHER SCIENTIFIC INC$16,690$24,688
TJX COMPANIES INC$49,661$62,103
TRUIST FINANCIAL CORPORATION$88,302$99,359
UBS ULTRA SHORT INCOME FUND CL$325,305$324,368
UNION PACIFIC$43,644$49,630
UNITEDHEALTH GROUP INC$29,892$42,180
V F CORP$59,775$50,375
VISA INC$72,350$76,282

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

FieldValueIRS element (for citing)
Category Or ItemLIGHT STREET XENON, LTDCategoryOrItemTxt
Book Value$505,000BookValueAmt
EOYFMV$409,115EOYFMVAmt

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

FieldValueIRS element (for citing)
CategoryGeneral ConsultationsCategoryTxt
Legal Fees$2,000LegalFeesAmt
Disbursements Charitable Prps$2,000DisbursementsCharitablePrpsAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
Administrative Fees$35,024$35,024
Administrative Set-Up Fee$350$350

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryInvestment Management ServicesCategoryTxt
Amt$65,987Amt
Net Investment Income$65,987NetInvestmentIncomeAmt

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 (3 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmt
990-PF Estimated Tax for 2021$9,000
990-PF Extension for 2020$6,360
Foreign Tax Paid$1,001$1,001

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