SONSCOPE FOUNDATION: Form 990PF, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- SONSCOPE FOUNDATION (EIN 46-4239579)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-11-15
- IRS object ID
- 202213209349100801
- 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
- Schedule B
- Depreciation Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Other Notes Loans Rcvbl Long Sch
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-11-15T23:06:27-06:00 | ReturnTs |
| Tax Period End | 2021-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foundation Source | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3333 New Hyde Park Rd Ste 406 | AddressLine1Txt |
| City | New Hyde Park | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11042 | 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 | 464239579 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Sonscope Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % Foundation Source | InCareOfNm |
| Business Name Control | SONS | BusinessNameControlTxt |
| Phone | 8008391754 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Foundation Source 501 Silverside Rd | AddressLine1Txt |
| City | Wilmington | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198091377 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | BEN FISCHER | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 8008391754 | PhoneNum |
| Signature | 2022-11-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | BEN | PersonFirstNm |
| Person Last | FISCHER | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Jeffrey D Haskell | PreparerPersonNm |
| PTIN | P01345770 | PTIN |
| Phone | 8008391754 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | TrustedCustomerGrp |
| 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 | $24,833,154 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $45,830 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $641 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $641 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $114,188 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $114,188 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $4,739,757 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $26,425,338 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $4,740,249 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $263,654 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $288,087 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $5,164,070 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $5,143,165 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Other Prof Fees Rev And Expnss | $166,033 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $166,033 | OtherProfFeesNetInvstIncmAmt |
| Interest Rev And Expnss | $10 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $10 | InterestNetInvstIncmAmt |
| Taxes Rev And Expnss | $22,473 | TaxesRevAndExpnssAmt |
| Other Expenses Rev And Expnss | $158,802 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $103,497 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $14,500 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $347,318 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $269,540 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $14,500 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $851,500 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $851,500 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,198,818 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $269,540 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $866,000 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $3,965,252 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $4,873,625 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $6,666,958 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $9,184,599 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $9,184,599 | SavAndTempCashInvstEOYFMVAmt |
| Other Nts And Loans Rcvbl | $36,619 | OtherNtsAndLoansRcvblAmt |
| Other Nts And Loans Rcvbl BOY | $10,828 | OtherNtsAndLoansRcvblBOYAmt |
| Other Nts And Loans Rcvbl EOY | $36,619 | OtherNtsAndLoansRcvblEOYAmt |
| Other Nts And Loans Rcvbl EOYFMV | $36,619 | OtherNtsAndLoansRcvblEOYFMVAmt |
| Corporate Stock BOY | $7,601,632 | CorporateStockBOYAmt |
| Corporate Stock EOY | $7,454,950 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $11,254,028 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $527,995 | CorporateBondsBOYAmt |
| Other Investments BOY | $1,866,275 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $3,885,349 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $4,357,908 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $16,673,688 | TotalAssetsBOYAmt |
| Total Assets EOY | $20,561,517 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $24,833,154 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $77,423 | OtherLiabilitiesBOYAmt |
| Total Liabilities BOY | $77,423 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $16,596,265 | RetainedEarningBOYAmt |
| Retained Earning EOY | $20,561,517 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $16,596,265 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $20,561,517 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $16,673,688 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $20,561,517 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $16,596,265 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $3,965,252 | ExcessRevenueOverExpensesAmt |
| Subtotal | $20,561,517 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $20,561,517 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|
| Publicly-traded Securities | $26,425,338 | $21,684,347 | $4,740,991 | $4,740,991 |
| Passthrough K1 Capital Gain/(Loss) | -$742 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $4,740,249 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $67,743 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $67,743 | SubtotalAmt |
| Tax Based On Investment Income | $67,743 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $9,200 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $56,700 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $65,900 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $743 | EsPenaltyAmt |
| Tax Due | $2,586 | TaxDueAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | DE | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foundation Source | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8008391754 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 501 Silverside Road Suite 123 | AddressLine1Txt |
| City | Wilmington | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198091377 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Ben Fischer | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Foundation Source 501 Silverside Rd | AddressLine1Txt |
| City | Wilmington | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198091377 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | Pres, Dir, Sec, Treas | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 1.0 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $0 | CompensationAmt |
| Employee Benefit Program | $0 | EmployeeBenefitProgramAmt |
| Expense Account Other Allwnc | $0 | ExpenseAccountOtherAllwncAmt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Keel Point LLC | |||||
| 100 Church Street SW | HUNTSVILLE | AL | 35801 | Investment MGMT | $104,872 |
| UBS Financial Services | |||||
| One Union square STE 100 | CHATTANOOGA | TN | 374022530 | Investment MGMT | $59,862 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Summary Of Direct Chrtbl Acty | SummaryOfDirectChrtblActyGrp | |
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $13,334,038 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $7,782,793 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $3,066,743 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $24,183,574 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $24,183,574 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $362,754 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $23,820,820 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,191,041 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,191,041 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $67,743 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $67,743 | TotalTaxAmt |
| Distributable Before Adj | $1,123,298 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $1,123,298 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $1,123,298 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $866,000 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $866,000 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,123,298 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $847,359 | UndistributedIncomePYAmt |
| Prior Year1 | 2019 | PriorYear1Yr |
| Prior Year2 | 2018 | PriorYear2Yr |
| Prior Year3 | 2017 | PriorYear3Yr |
| Qualifying Distributions | $866,000 | QualifyingDistributionsAmt |
| Applied To Year1 | $847,359 | AppliedToYear1Amt |
| Applied To Current Year | $18,641 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Undistributed Income CY | $1,104,657 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
| Excess From Current Year | $0 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | Ben Fischer | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (22 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| 1040 CONNECTIONS INC | |||||||
| 2120 NORTHGATE PARK LN STE 400 | CHATTANOOGA | TN | 37415 | N/A | PC | General & Unrestricted | $25,000 |
| CEO FORUM INC | |||||||
| 4431 LONG PRAIRIE RD STE 300 | FLOWER MOUND | TX | 75028 | N/A | PC | General & Unrestricted | $20,000 |
| CHATTANOOGA CHRISTIAN SCHOOL INC | |||||||
| 3354 CHARGER DR | CHATTANOOGA | TN | 37409 | N/A | PC | Glenwood School | $10,000 |
| CHATTANOOGA CHRISTIAN SCHOOL INC | |||||||
| 3354 CHARGER DR | CHATTANOOGA | TN | 37409 | N/A | PC | King School | $50,000 |
| CHRISTIAN ALLIANCE FOR ORPHANS | |||||||
| 6723 WHITTIER AVE STE 202 | MCLEAN | VA | 22101 | N/A | PC | General & Unrestricted | $26,000 |
| DEVELOPMENT ASSOCIATES INTERNATIONAL | |||||||
| 13710 STRUTHERS RD STE 120 | COLORADO SPGS | CO | 80921 | N/A | PC | General & Unrestricted | $33,000 |
| FIRST THINGS FIRST INC | |||||||
| 620 LINDSAY ST STE 100 | CHATTANOOGA | TN | 37403 | N/A | PC | General & Unrestricted | $20,000 |
| FOCUS ON THE FAMILY | |||||||
| 8605 EXPLORER DR | COLORADO SPRINGS | CO | 80920 | N/A | PC | General & Unrestricted | $21,000 |
| HOPE INTERNATIONAL | |||||||
| 227 GRANITE RUN DR STE 250 | LANCASTER | PA | 17601 | N/A | PC | General & Unrestricted | $300,000 |
| LIFEWATER INC | |||||||
| PO BOX 3131 | SAN LUIS OBISPO | CA | 93403 | N/A | PC | General & Unrestricted | $7,000 |
| MACLELLAN CENTER FOR GLOBAL CHRISTIAN EDUCATION | |||||||
| 820 BROAD ST STE 300 | CHATTANOOGA | TN | 37402 | N/A | PC | Generosity Path | $30,000 |
| OUTFITTERS FOR CHRIST | |||||||
| PO BOX 140 | YAMPA | CO | 80483 | N/A | PC | General & Unrestricted | $5,000 |
| PRAXIS INC | |||||||
| 409 W 45TH ST 3RD FL | NEW YORK | NY | 10036 | N/A | PC | General & Unrestricted | $100,000 |
| SIGNAL MOUNTAIN CHRISTIAN SCHOOL INC | |||||||
| 808 KEY HULSE RD | SIGNAL MTN | TN | 37377 | N/A | PC | General & Unrestricted | $3,000 |
| SIGNAL MOUNTAIN PRESBYTERIAN CHURCH | |||||||
| 612 JAMES BLVD | SIGNAL MTN | TN | 37377 | N/A | PC | Signal Pres 2022 | $35,000 |
| SINAPIS GROUP | |||||||
| PO BOX 5414 | WHEATON | IL | 60189 | N/A | PC | General & Unrestricted | $55,000 |
| THE BAYLOR SCHOOL | |||||||
| 171 BAYLOR SCHOOL RD | CHATTANOOGA | TN | 37405 | N/A | PC | Half Celebrations and Half Walkabout | $5,000 |
| THE BAYLOR SCHOOL | |||||||
| 171 BAYLOR SCHOOL RD | CHATTANOOGA | TN | 37405 | N/A | PC | Baylor Fund | $25,000 |
| UNIVERSITY OF WASHINGTON | |||||||
| 4333 BROOKLYN AVE NE BOX 359505 | SEATTLE | WA | 98195 | N/A | GOV | Speech and Hearing Clinic | $1,000 |
| VAIL RELIGIOUS FOUNDATION | |||||||
| 19 VAIL RD | VAIL | CO | 81657 | N/A | PC | General & Unrestricted | $33,500 |
| WORKMATTERS | |||||||
| PO BOX 9376 | FAYETTEVILLE | AR | 72703 | N/A | PC | General & Unrestricted | $25,000 |
| YOUNG LIFE | |||||||
| PO BOX 5184 | HARLAN | IA | 51593 | N/A | PC | General & Unrestricted | $22,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $851,500 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp |
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $641 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $114,188 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Income | OtherInvestmentIncomeGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $4,739,757 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Other Revenue Described OtherRevenueDescribedGrp (2 entries)
| DescDesc | BusinessBusinessCd | Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|---|---|
| K-1 Inc/Loss | 525990 | -$27,580 | 14 | $290,814 |
| Federal Tax Refund | 01 | $420 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | -$27,580 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $5,145,820 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $5,118,240 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Contributor Person | Fischer Ben | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 867 Sonscope Lane | AddressLine1Txt |
| City | Signal Mountain | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 37377 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $45,830 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Depreciation Schedule DepreciationSchedule
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (38 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| ADVANCE AUTO PARTS INC | $141,527 | $287,856 |
| AIRBNB | $36,285 | $34,630 |
| ALPHABET INC CL A | $107,729 | $289,704 |
| AMAZON COM | $150,318 | $283,419 |
| APPLE INC | $54,349 | $301,869 |
| BANK OF AMERICA CORP | $80,152 | $83,819 |
| CALL - EFA $72 EXP 1/20/2023 | $88,492 | $140,385 |
| CALL - SPY $400 EXP 3/17/23 | $1,287,007 | $2,112,879 |
| CALL - SPY $415 EXP 6/16/23 | $743,700 | $1,286,406 |
| CALL - SPY $445 EXP 3/17/23 | $368,904 | $734,825 |
| CITIGROUP INC | $111,445 | $86,660 |
| COMCAST CORP | $20,228 | $23,806 |
| DIAMOND HILL LONG SHORT FUND C | $344,017 | $347,843 |
| DOLLAR TREE INC | $153,006 | $281,040 |
| DOORDASH ORD SHS CLASS A | $36,320 | $24,866 |
| GDS HOLDINGS LTD | $153,998 | $140,065 |
| HILTON GRAND VACATIONS INC. | $25,730 | $41,115 |
| HONEYWELL INTL | $169,893 | $271,063 |
| IQVIA HOLDINGS INC | $93,756 | $145,302 |
| ISHARES BARCLAYS US AGGREGATE | $94,984 | $99,364 |
| ISHARES LEHMAN INTERMDTE CREDI | $328,693 | $355,620 |
| ISHARES S&P U.S. PREFERRED STO | $188,105 | $201,487 |
| ISHARES SHORT TERM CORPORATE B | $244,762 | $240,089 |
| JD.COM, INC | $93,646 | $208,248 |
| MASTERCARD INC | $70,810 | $251,524 |
| MCDONALD'S CORP | $167,534 | $268,070 |
| MICROSOFT CORP | $92,537 | $285,872 |
| MONDELEZ INTERNATIONAL INC | $199,581 | $298,395 |
| NORFOLK SOUTHERN CORP | $131,345 | $297,710 |
| NORTONLIFELOCK INC | $70,812 | $88,410 |
| PUT - SPY $395 EXP 02/18/22 | $301,917 | $40,185 |
| PUT - SPY $460 EXP 3/17/23 | $396,005 | $710,640 |
| SPDR BARCLAYS SHORT TERM HIGH | $328,815 | $327,592 |
| SPDR BLACKSTONE/GSO SENIOR LOA | $282,891 | $275,149 |
| SPDR NUVEEN BARCLAYS CAPITAL M | $452 | $466 |
| SPDR S&P BIOTECH ETF | $72,950 | $107,034 |
| UBER | $32,878 | $34,760 |
| YUM CHINA HOLDINGS INC | $189,377 | $245,861 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (8 entries)
| Category Or ItemCategoryOrItemTxt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| DYNAMO FUND II, L.P | $197,928 | $250,006 |
| GARDEN CITY CO RIGHTS | $1 | |
| ICAPITAL PRIVATE CREDIT ACCESS | $848,217 | $705,388 |
| RESOLUTE CAPITAL PARTNERS FUND | $752,684 | $1,003,076 |
| SOVEREIGN'S CAPITAL EVERGREEN | $899,502 | $896,706 |
| SOVEREIGN'S E&S, L.P. | $213,533 | $213,620 |
| SOVEREIGN'S ENVIRONMENTAL, L.P | $259,502 | $337,730 |
| SOVEREIGNS CAPITAL III, LP | $713,983 | $951,381 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (9 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| Administrative Fees | $14,500 | $14,500 | |
| Bank Charges | $19,743 | $19,743 | |
| K-1 Exp DYNAMO FUND II, L.P | $10,296 | $10,296 | |
| K-1 Exp ICAPITAL PRIVATE CREDI | $17,301 | $17,301 | |
| K-1 Exp RESOLUTE CAPITAL PARTN | $66,163 | $25,358 | |
| K-1 Exp SOVEREIGN'S CAPITAL EV | $345 | $345 | |
| K-1 Exp SOVEREIGN'S E&S, L.P. | $87 | $87 | |
| K-1 Exp SOVEREIGN'S ENVIRONMEN | $966 | $966 | |
| K-1 Exp SOVEREIGNS CAPITAL | $29,401 | $29,401 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| K-1 Inc/Loss DYNAMO FUND II, L.P | $25 | $25 |
| K-1 Inc/Loss ICAPITAL PRIVATE CREDIT ACCESS FD II- | $79,705 | $79,705 |
| K-1 Inc/Loss RESOLUTE CAPITAL PARTNERS FUND IV LP | $153,625 | $178,478 |
| K-1 Inc/Loss SOVEREIGNS CAPITAL III, LP | $29,879 | $29,879 |
| Federal Tax Refund | $420 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OUTSTANDING OPTIONS | Desc |
| BOY Book Value | $77,423 | BOYBookValueAmt |
Other Notes Loans Rcvbl Long Sch OtherNotesLoansRcvblLongSch
Other Notes Loans Rcvbl Long OtherNotesLoansRcvblLongGrp
Borrower Name BorrowerNameGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GARDEN CITY COMPANIES LLC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Loan Original | $10,828 | LoanOriginalAmt |
| Balance Due | $36,619 | BalanceDueAmt |
| Note | 2020-02 | NoteDt |
| Loan Maturity | 2040-02 | LoanMaturityDt |
| Repayment Terms | INTEREST ANNUALLY | RepaymentTermsTxt |
| Interest | 6. | InterestRt |
| Security Provided Borrower | NONE | SecurityProvidedBorrowerTxt |
| Loan Purpose | INVESTMENT | LoanPurposeTxt |
| Lender Consideration | CASH | LenderConsiderationDesc |
| Consideration FMV | $36,619 | ConsiderationFMVAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Investment Management Services | CategoryTxt |
| Amt | $166,033 | Amt |
| Net Investment Income | $166,033 | NetInvestmentIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt |
|---|---|
| 990-PF Estimated Tax for 2021 | $9,200 |
| 990-PF Excise Tax for 2020 | $11,973 |
| 990-T Extension for 2020 | $1,300 |