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KATHERINE W MONROE & DOUGLAS D MONROE JR FAMILY CHARITABLE FOUNDA: Form 990PF, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
KATHERINE W MONROE & DOUGLAS D MONROE JR FAMILY CHARITABLE FOUNDA (EIN 47-7254611)
Tax period
2021-01-01 to 2021-12-31
Filed
2022-11-10
IRS object ID
202233149349102613
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)
Return2022-11-10T16:37:55-05:00ReturnTs
Tax Period End2021-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN450956242PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1MITCHELL CPAS & ADVISORS PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line16510 MAIN STREETAddressLine1Txt
CityGloucesterCityNm
State AbbreviationVAStateAbbreviationCd
ZIP23061ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2021-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN477254611EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1KATHERINE W MONROE & DOUGLAS D MONROE JRBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlKATHBusinessNameControlTxt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 518AddressLine1Txt
CityIRVINGTONCityNm
State AbbreviationVAStateAbbreviationCd
ZIP224800518ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDOUGLAS D MONROE JRPersonNm
Person TitleTRUSTEEPersonTitleTxt
Phone8044386737PhoneNum
Signature2022-05-31SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstDOUGLASPersonFirstNm
Person LastMONROEPersonLastNm

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMITCHELL W KENTPreparerPersonNm
PTINP01234049PTIN
Phone8046932040PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer0TrustedCustomerCd
OOB Security Verification00OOBSecurityVerificationCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
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$1,126,419FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Dividends Rev And Expnss$24,430DividendsRevAndExpnssAmt
Dividends Net Invst Incm$24,430DividendsNetInvstIncmAmt
Dividends Adj Net Incm$24,430DividendsAdjNetIncmAmt
Total Rev And Expnss$24,430TotalRevAndExpnssAmt
Total Net Invst Incm$24,430TotalNetInvstIncmAmt
Total Adj Net Incm$24,430TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss$350AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$350AccountingFeesNetInvstIncmAmt
Taxes Rev And Expnss$806TaxesRevAndExpnssAmt
Taxes Net Invst Incm$806TaxesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$1,156TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$1,156TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$10,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$10,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$11,156TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$1,156TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$10,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$13,274ExcessRevenueOverExpensesAmt
Net Investment Income$23,274NetInvestmentIncomeAmt
Adjusted Net Income$24,430AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$3,236CashBOYAmt
Cash EOY$16,510CashEOYAmt
Cash EOYFMV$16,510CashEOYFMVAmt
Corporate Stock BOY$903,093CorporateStockBOYAmt
Corporate Stock EOY$903,093CorporateStockEOYAmt
Corporate Stock EOYFMV$1,109,909CorporateStockEOYFMVAmt
Total Assets BOY$906,329TotalAssetsBOYAmt
Total Assets EOY$919,603TotalAssetsEOYAmt
Total Assets EOYFMV$1,126,419TotalAssetsEOYFMVAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Additional Paid In Capital BOY$906,329AdditionalPaidInCapitalBOYAmt
Additional Paid In Capital EOY$919,603AdditionalPaidInCapitalEOYAmt
Tot Net Ast Or Fund Balances BOY$906,329TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$919,603TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$906,329TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$919,603TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$906,329TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$13,274ExcessRevenueOverExpensesAmt
Subtotal$919,603SubtotalAmt
Tot Net Ast Or Fund Balances EOY$919,603TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$324InvestmentIncomeExciseTaxAmt
Tax Under Section511$0TaxUnderSection511Amt
Subtotal$324SubtotalAmt
Subtitle A Tax$0SubtitleATaxAmt
Tax Based On Investment Income$324TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$500EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$500TotalPaymentsAndCreditsAmt
Overpayment$176OverpaymentAmt
Applied To ES Tax$176AppliedToESTaxAmt

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 SatisfiedfalseSection508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateVAOrgReportOrRegisterStateCd
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
Individual With BooksMITCHELL CPAS ADVISORS PCIndividualWithBooksNm
Phone8046932040PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line16510 MAIN STREETAddressLine1Txt
CityGLOUCESTERCityNm
State AbbreviationVAStateAbbreviationCd
ZIP23061ZIPCd
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
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
DOUGLAS D MONROE JR
PO BOX 518IRVINGTONVA224800518TRUSTEE5.00$0$0$0
WENDE M SZYPERSKI
P O BOX 38IRVINGTONVA22480TRUSTEE5.00$0$0$0
MARGARET M BARLOW
484 LIGHTFOOT ROADLOUISVILLEKY40207TRUSTEE5.00$0$0$0
KATHERINE M SPOTTS
6101 RIVER ROADRICHMONDVA23226TRUSTEE5.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k0OtherEmployeePaidOver50kCnt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Expenses1$0Expenses1Amt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$1,109,910AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$13,050AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$1,122,960TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$1,122,960AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$16,844CashDeemedCharitableAmt
Net Vl Noncharitable Assets$1,106,116NetVlNoncharitableAssetsAmt
Minimum Investment Return$55,306MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$55,306MinimumInvestmentReturnAmt
Tax Based On Investment Income$324TaxBasedOnInvestmentIncomeAmt
Total Tax$324TotalTaxAmt
Distributable Before Adj$54,982DistributableBeforeAdjAmt
Distributable Before Ded$54,982DistributableBeforeDedAmt
Distributable As Adjusted$54,982DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$10,000ExpensesAndContributionsAmt
Qualifying Distributions$10,000QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$54,982DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$21,131ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$57,463ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr2$130,289ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$98,930ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$307,813TotalExcessDistributionCyovAmt
Qualifying Distributions$10,000QualifyingDistributionsAmt
Applied To Current Year$10,000AppliedToCurrentYearAmt
Excess Distri Cyov App CY Corpus$44,982ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$44,982ExcessDistributionCyovAppCYAmt
Total Corpus$262,831TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$262,831ExcessDistriCyovToNextYrAmt
Excess From Year4$33,612ExcessFromYear4Amt
Excess From Year2$130,289ExcessFromYear2Amt
Excess From Year1$98,930ExcessFromYear1Amt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

FieldValueIRS element (for citing)
Recipient PersonHOSEA INITIATIVERecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 56AddressLine1Txt
CityLANCASTERCityNm
State AbbreviationVAStateAbbreviationCd
ZIP22503ZIPCd
FieldValueIRS element (for citing)
Recipient Foundation StatusNCRecipientFoundationStatusTxt
Grant Or Contribution Purpose501 C 3 ORGANIZATIONGrantOrContributionPurposeTxt
Amt$10,000Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$10,000TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut$0TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$24,430ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$24,430ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$24,430TotalIncomeProducingActyAmt

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

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryACCOUNTING FEESCategoryTxt
Amt$350Amt
Net Investment Income$350NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (6 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
6937 SHS CHESAPEAKE FINANCIAL$117,265$209,497
3915 SHS CHESAPEAKE FINANCIAL$77,068$118,233
11676 SHS CHESAPEAKE FINANCIAL$302,416$352,615
9422 SHS CHESAPEAKE FINANCIAL$283,311$284,544
4312 SHS CHESAPEAKE FINANCIAL$111,094$130,222
490 SHS CHESAPEAKE FINANCIAL$11,939$14,798

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
2020 INCOME TAX DUE$306$306$0$0
2021 ESTIMATED PAYMENT$500$500$0$0

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