JOHANSSON FAMILY FOUNDATION: Form 990PF, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
JOHANSSON FAMILY FOUNDATION (EIN 98-0587690)
Tax period
2021-01-01 to 2021-12-31
Filed
2022-11-07
IRS object ID
202243119349100424
Schema version
2021v4.0
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)
Return2022-11-07T09:47:53-05:00ReturnTs
Tax Period End2021-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN571089574PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CASSIDY CPABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11 MATHEWS DR STE 114AddressLine1Txt
CityHILTON HEAD ISLANDCityNm
State AbbreviationSCStateAbbreviationCd
ZIP29926ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2021-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN980587690EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1JOHANSSON FAMILY FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlJOHABusinessNameControlTxt
Phone2075683799PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11350 AVE OF THE AMERICAS FL2 STE266AddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10019ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJERKER JOHANSSONPersonNm
Person TitleTRUSTEE / DIRECTORPersonTitleTxt
Signature2022-11-07SignatureDt

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstJERKERPersonFirstNm
Person LastJOHANSSONPersonLastNm
FieldValueIRS element (for citing)
SSN888008888SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonCHRISTINE E CASSIDYPreparerPersonNm
PTINP00022087PTIN
Phone8436892800PhoneNum
Preparation2022-11-07PreparationDt
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$1,545,401FMVAssetsEOYAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Dividends Rev And Expnss$37,845DividendsRevAndExpnssAmt
Dividends Net Invst Incm$37,845DividendsNetInvstIncmAmt
Dividends Adj Net Incm$37,845DividendsAdjNetIncmAmt
Total Rev And Expnss$37,845TotalRevAndExpnssAmt
Total Net Invst Incm$37,845TotalNetInvstIncmAmt
Total Adj Net Incm$37,845TotalAdjNetIncmAmt
Legal Fees Rev And Expnss$2,159LegalFeesRevAndExpnssAmt
Other Prof Fees Rev And Expnss$9,189OtherProfFeesRevAndExpnssAmt
Other Prof Fees Dsbrs Chrtbl$9,189OtherProfFeesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$11,348TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$9,189TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$107,005ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$107,005ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$118,353TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$116,194TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$80,508ExcessRevenueOverExpensesAmt
Net Investment Income$37,845NetInvestmentIncomeAmt
Adjusted Net Income$37,845AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$262,060CashBOYAmt
Cash EOY$18,400CashEOYAmt
Cash EOYFMV$18,400CashEOYFMVAmt
Corporate Stock BOY$871,978CorporateStockBOYAmt
Corporate Stock EOY$1,054,028CorporateStockEOYAmt
Corporate Stock EOYFMV$1,054,028CorporateStockEOYFMVAmt
Corporate Bonds BOY$273,224CorporateBondsBOYAmt
Corporate Bonds EOY$270,270CorporateBondsEOYAmt
Corporate Bonds EOYFMV$270,270CorporateBondsEOYFMVAmt
Other Investments BOY$204,918OtherInvestmentsBOYAmt
Other Investments EOY$202,703OtherInvestmentsEOYAmt
Other Investments EOYFMV$202,703OtherInvestmentsEOYFMVAmt
Total Assets BOY$1,612,180TotalAssetsBOYAmt
Total Assets EOY$1,545,401TotalAssetsEOYAmt
Total Assets EOYFMV$1,545,401TotalAssetsEOYFMVAmt
Accounts Payable BOY$10,383AccountsPayableBOYAmt
Accounts Payable EOY$10,541AccountsPayableEOYAmt
Grants Payable BOY$216,874GrantsPayableBOYAmt
Grants Payable EOY$142,615GrantsPayableEOYAmt
Other Liabilities BOY$79,667OtherLiabilitiesBOYAmt
Total Liabilities BOY$306,924TotalLiabilitiesBOYAmt
Total Liabilities EOY$153,156TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Capital Stock BOY$15CapitalStockBOYAmt
Capital Stock EOY$15CapitalStockEOYAmt
Retained Earning BOY$1,305,241RetainedEarningBOYAmt
Retained Earning EOY$1,392,230RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$1,305,256TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$1,392,245TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$1,612,180TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$1,545,401TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$1,305,256TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$80,508ExcessRevenueOverExpensesAmt
Other Increases$177,635OtherIncreasesAmt
Subtotal$1,402,383SubtotalAmt
Other Decreases$10,138OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$1,392,245TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$526InvestmentIncomeExciseTaxAmt
Subtotal$526SubtotalAmt
Tax Based On Investment Income$526TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$2,200EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$2,200TotalPaymentsAndCreditsAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$5EsPenaltyAmt
Overpayment$1,669OverpaymentAmt
Applied To ES Tax$0AppliedToESTaxAmt
Refund$1,669RefundAmt

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
Website AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1THE JOHANSSON FAMILY FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2075683799PhoneNum

Location Of Books Foreign Address LocationOfBooksForeignAddress

FieldValueIRS element (for citing)
Address Line110 LANSDOWNE ROADAddressLine1Txt
CityLONDONCityNm
CountryUKCountryCd
Foreign PostalW11 3LWForeignPostalCd
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 (3 entries)

Address Line1ForeignAddress/AddressLine1TxtCityForeignAddress/CityNmCountryForeignAddress/CountryCdForeign PostalForeignAddress/ForeignPostalCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
JERKER JOHANSSON
10 LANSDOWNE RDLONDONUKW11 3LWTRUSTEE / DI2.00$0$0$0
STEPHANIE JOHANSSON
10 LANSDOWNE RDLONDONUKW11 3LWTRUSTEE / DI2.00$0$0$0
JANE KARMEL
10 LANSDOWNE ROADLONDONUKW11 3LWSECRETARY2.00$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$988,104AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$233,934AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$472,973FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$1,695,011TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$1,695,011AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$25,425CashDeemedCharitableAmt
Net Vl Noncharitable Assets$1,669,586NetVlNoncharitableAssetsAmt
Minimum Investment Return$83,479MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$83,479MinimumInvestmentReturnAmt
Tax Based On Investment Income$526TaxBasedOnInvestmentIncomeAmt
Total Tax$526TotalTaxAmt
Distributable Before Adj$82,953DistributableBeforeAdjAmt
Distributable Before Ded$82,953DistributableBeforeDedAmt
Distributable As Adjusted$82,953DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$116,194ExpensesAndContributionsAmt
Qualifying Distributions$116,194QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$82,953DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$369,014ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$448,351ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$462,148ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$80,746ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$114,141ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$1,474,400TotalExcessDistributionCyovAmt
Qualifying Distributions$116,194QualifyingDistributionsAmt
Applied To Current Year$82,953AppliedToCurrentYearAmt
Remaining Distri From Corpus$33,241RemainingDistriFromCorpusAmt
Total Corpus$1,507,641TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$369,014ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$1,138,627ExcessDistriCyovToNextYrAmt
Excess From Year4$448,351ExcessFromYear4Amt
Excess From Year3$462,148ExcessFromYear3Amt
Excess From Year2$80,746ExcessFromYear2Amt
Excess From Year1$114,141ExcessFromYear1Amt
Excess From Current Year$33,241ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (5 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmtAddress Line1RecipientForeignAddress/AddressLine1TxtCityRecipientForeignAddress/CityNmCountryRecipientForeignAddress/CountryCdForeign PostalRecipientForeignAddress/ForeignPostalCd
MORGAN LIBRARY AND MUSEUM
225 MADISON AVENEW YORKNY10016EXEMPTCHARITABLE SUPPORT$35,095
VICTORIA & ALBERT MUSEUM
EXEMPTCHARITABLE PURPOSE$13,514S KENSINGTON CROMWELL RDLONDONUKSW7 2RL
MOUSETRAP FOUNDATION
12030 SUNRISE VAL DR 450RESTONVA20191EXEMPTCHARITABLE PURPOSE$6,757
STANFORD UNIVERSITY
PO BOX 20466STANFORDCA94309EXEMPTCHARITABLE PURPOSE$50,135
KENT PLACE SCHOOL
42 NORWOOD AVESUMMITNJ07902EXEMPTCHARITABLE PURPOSE$1,504
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$107,005TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$37,845ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$37,845ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$37,845TotalIncomeProducingActyAmt

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

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp

FieldValueIRS element (for citing)
BondCORPORATE BONDS - VITSOEBondNm
EOY Book Value$270,270EOYBookValueAmt
EOYFMV$270,270EOYFMVAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (9 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
ZURICH INSURANCE GROUP AG$87,889$87,889
BASF SE NAMENS-AKTIEN$87,469$87,469
FORTUM CORP$153,465$153,465
KERING$321,555$321,555
WOLTERS KLUWER NV$176,721$176,721
BP PLC$44,232$44,232
ROYAL DUTCH SHELL PLC$72,182$72,182
PUMA AG$36,675$36,675
MATADOR RESOURCES CO$73,840$73,840

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

FieldValueIRS element (for citing)
Category Or ItemBIG ISSUE INVEST SOC ENT INV F II LPCategoryOrItemTxt
Listed At Cost Or FMVAT COSTListedAtCostOrFMVCd
Book Value$202,703BookValueAmt
EOYFMV$202,703EOYFMVAmt

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

FieldValueIRS element (for citing)
CategoryLEGAL & PROFESSIONAL FEESCategoryTxt
Legal Fees$2,159LegalFeesAmt

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

FieldValueIRS element (for citing)
DescCURRENCY EXCHANGE DIFFERENCEDesc
Amt$10,138Amt

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

FieldValueIRS element (for citing)
DescUNREALIZED INVESTMENTS GAINS/LOSSESDesc
Amt$177,635Amt

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail

FieldValueIRS element (for citing)
DescOTHER CREDITORS DUE WITHIN ONE YEARDesc
BOY Book Value$79,667BOYBookValueAmt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryINDEPENDENT EXAMINERS FEESCategoryTxt
Amt$9,189Amt
Disbursements Charitable Prps$9,189DisbursementsCharitablePrpsAmt

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