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TIPPING POINT PRIVATE FOUNDATION: Form 990PF, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
TIPPING POINT PRIVATE FOUNDATION (EIN 82-1316271)
Tax period
2021-01-01 to 2021-12-31
Filed
2022-11-08
IRS object ID
202243129349100834
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)
Return2022-11-08T15:18:09-06:00ReturnTs
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)
EIN821316271EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Tipping Point Private FoundationBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% Foundation SourceInCareOfNm
Business Name ControlTIPPBusinessNameControlTxt
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)
PersonDARREN SPARKSPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone8008391754PhoneNum
Signature2022-11-02SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstDARRENPersonFirstNm
Person LastSPARKSPersonLastNm
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$728,397FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$148,000ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$102InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$102InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$19,047DividendsRevAndExpnssAmt
Dividends Net Invst Incm$19,047DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$65,580NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$439,610GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$65,580CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$232,729TotalRevAndExpnssAmt
Total Net Invst Incm$84,729TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$0CompOfcrDirTrstRevAndExpnssAmt
Oth Empl Slrs Wgs Rev And Expnss$64,917OthEmplSlrsWgsRevAndExpnssAmt
Oth Empl Slrs Wgs Dsbrs Chrtbl$64,917OthEmplSlrsWgsDsbrsChrtblAmt
Pension Empl Bnft Rev And Expnss$5,508PensionEmplBnftRevAndExpnssAmt
Pension Empl Bnft Dsbrs Chrtbl$5,508PensionEmplBnftDsbrsChrtblAmt
Other Prof Fees Rev And Expnss$8,257OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$8,257OtherProfFeesNetInvstIncmAmt
Taxes Rev And Expnss$174TaxesRevAndExpnssAmt
Trav Conf Meeting Rev And Expnss$150TravConfMeetingRevAndExpnssAmt
Trav Conf Meeting Dsbrs Chrtbl$150TravConfMeetingDsbrsChrtblAmt
Printing And Pub Rev And Expnss$522PrintingAndPubRevAndExpnssAmt
Printing And Pub Dsbrs Chrtbl$522PrintingAndPubDsbrsChrtblAmt
Other Expenses Rev And Expnss$15,169OtherExpensesRevAndExpnssAmt
Other Expenses Dsbrs Chrtbl$15,169OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$94,697TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$8,257TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$86,266TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$254,161ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$254,161ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$348,858TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$8,257TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$340,427TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$116,129ExcessRevenueOverExpensesAmt
Net Investment Income$76,472NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$24,354SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$48,348SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$48,348SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$753,145CorporateStockBOYAmt
Corporate Stock EOY$613,022CorporateStockEOYAmt
Corporate Stock EOYFMV$680,049CorporateStockEOYFMVAmt
Total Assets BOY$777,499TotalAssetsBOYAmt
Total Assets EOY$661,370TotalAssetsEOYAmt
Total Assets EOYFMV$728,397TotalAssetsEOYFMVAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$777,499RetainedEarningBOYAmt
Retained Earning EOY$661,370RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$777,499TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$661,370TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$777,499TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$661,370TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$777,499TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$116,129ExcessRevenueOverExpensesAmt
Subtotal$661,370SubtotalAmt
Tot Net Ast Or Fund Balances EOY$661,370TotNetAstOrFundBalancesEOYAmt

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$439,610GrossSalesPriceAmt
Cost Or Other Basis$374,030CostOrOtherBasisAmt
Gain Or Loss$65,580GainOrLossAmt
Gains Minus Excess Or Losses$65,580GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income$65,580CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$1,063InvestmentIncomeExciseTaxAmt
Subtotal$1,063SubtotalAmt
Tax Based On Investment Income$1,063TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$100EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce$0ExemptFrgnOrgTaxWthldAtSrceAmt
Extsn Request Income Tax Paid$1,000ExtsnRequestIncomeTaxPaidAmt
Total Payments And Credits$1,100TotalPaymentsAndCreditsAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$0EsPenaltyAmt
Overpayment$37OverpaymentAmt
Applied To ES Tax$37AppliedToESTaxAmt

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 EtcYes (true)OrganizationDissolvedEtcInd
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

FieldValueIRS element (for citing)
PersonDarren SparksPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1Foundation Source 501 Silverside RdAddressLine1Txt
CityWilmingtonCityNm
State AbbreviationDEStateAbbreviationCd
ZIP198091377ZIPCd
FieldValueIRS element (for citing)
TitleDir, Pres, Sec, TreasTitleTxt
Average Hrs Per Wk Devoted To Pos1.0AverageHrsPerWkDevotedToPosRt
Compensation$0CompensationAmt
Employee Benefit Program$0EmployeeBenefitProgramAmt
Expense Account Other Allwnc$0ExpenseAccountOtherAllwncAmt

Compensation Highest Paid Empl CompensationHighestPaidEmplGrp

FieldValueIRS element (for citing)
PersonVERONICA CARRAIPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line13850 N Wilke RdAddressLine1Txt
CityArlington HeightsCityNm
State AbbreviationILStateAbbreviationCd
ZIP60004ZIPCd
FieldValueIRS element (for citing)
TitleFoundation PersonTitleTxt
Average Hrs Per Wk Devoted To Pos20.0AverageHrsPerWkDevotedToPosRt
Compensation$64,917CompensationAmt
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$700,957AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$44,084AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$745,041TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$745,041AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$11,176CashDeemedCharitableAmt
Net Vl Noncharitable Assets$733,865NetVlNoncharitableAssetsAmt
Minimum Investment Return$36,693MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$36,693MinimumInvestmentReturnAmt
Tax Based On Investment Income$1,063TaxBasedOnInvestmentIncomeAmt
Total Tax$1,063TotalTaxAmt
Distributable Before Adj$35,630DistributableBeforeAdjAmt
Distributable Before Ded$35,630DistributableBeforeDedAmt
Distributable As Adjusted$35,630DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$340,427ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Charitable Assets Acquis Paid$0CharitableAssetsAcquisPaidAmt
Set Aside Suitability Test$0SetAsideSuitabilityTestAmt
Set Aside Cash Distri Test$0SetAsideCashDistriTestAmt
Qualifying Distributions$340,427QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$35,630DistributableAsAdjustedAmt
Prior Year12019PriorYear1Yr
Prior Year22018PriorYear2Yr
Prior Year32017PriorYear3Yr
Excess Distribution Cyov Yr4$19,935ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$66,602ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$166,389ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$402,019ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$654,945TotalExcessDistributionCyovAmt
Qualifying Distributions$340,427QualifyingDistributionsAmt
Applied To Current Year$35,630AppliedToCurrentYearAmt
Remaining Distri From Corpus$304,797RemainingDistriFromCorpusAmt
Total Corpus$959,742TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$959,742ExcessDistriCyovToNextYrAmt
Excess From Year4$19,935ExcessFromYear4Amt
Excess From Year3$66,602ExcessFromYear3Amt
Excess From Year2$166,389ExcessFromYear2Amt
Excess From Year1$402,019ExcessFromYear1Amt
Excess From Current Year$304,797ExcessFromCurrentYearAmt
FieldValueIRS element (for citing)
Private Operating FoundationsPrivateOperatingFoundationsGrp

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (9 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
A WELL-FED WORLD
3936 S SEMORAN BLVD STE 271ORLANDOFL32822N/APCattorney to join the team at the Factory Farming Law & Policy Fellowship program$25,000
ANIMAL CHARITY EVALUATORS
340 S LEMON AVE 3480WALNUTCA91789N/APCThe Humane League UK for their project "Making History for Fishes"$35,000
ANIMAL CHARITY EVALUATORS
340 S LEMON AVE 3480WALNUTCA91789N/APCsupport of Vegetarions Hoy legislative work on Fish Welfare$20,500
CENTRE FOR EFFECTIVE ALTRUISM USA INC
2443 FILLMORE ST 380-16662SAN FRANCISCOCA94115N/APCFAF's re-granting EU Campaign - Restricted toward Fish Welfare$50,000
ENVIRONMENTAL WORKING GROUP
1250 I ST NW STE 1000WASHINGTONDC20005N/APCGeneral & Unrestricted$30,000
FAUNALYTICS
PO BOX 6476OLYMPIAWA98507N/APCtranslate applicable research into Mandarin and Hindi to build capacity in animal rights movement$13,200
INTERNATIONAL DOCUMENTARY ASSOCIATION
3600 WILSHIRE BLVD STE 1810LOS ANGELESCA90010N/APCIn support of documentary Beyond The Pines Film$21,000
NEW HARVEST INC
415 NOTRE DAME RDCLAREMONTCA91711N/APCIn support of the Safety Research Campaign - Phase 2$6,841
PHYSICIANS COMMITTEE FOR RESPONSIBLE MEDICINE INC
5100 WISCONSIN AVE NW STE 400WASHINGTONDC20016N/APCThe funds are in support of PCRM Continuing Medical Education program, and the mobile app$52,620
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$254,161TotalGrantOrContriPdDurYrAmt

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$102ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$19,047ExclusionAmt
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$65,580ExclusionAmt
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$84,729ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$84,729TotalIncomeProducingActyAmt

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 PersonSparks DarrenContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line12344 Shields AvenueAddressLine1Txt
CityEugeneCityNm
State AbbreviationORStateAbbreviationCd
ZIP97405ZIPCd
FieldValueIRS element (for citing)
Total Contributions$148,000TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

Depreciation Schedule DepreciationSchedule

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (23 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
AMERICAN BEACON FRONTIER MARKE$6,634$6,617
COLUMBIA MORTGAGE OPPORTUNITIE$16,792$16,525
GOLDMAN SACHS INTL EQUITY INSI$23,702$25,682
GUGGENHEIM TOTAL RETURN BOND F$67,789$66,673
INVESCO S&P 500 EQUAL WEIGHT E$64,408$79,422
ISHARES BARCLAYS TIPS BOND FUN$10,460$10,336
ISHARES GOLD TR$10,391$10,269
ISHARES MSCI USA QUALITY FACTO$39,936$62,882
ISHARES S&P 500 INDEX FD$31,436$43,883
ISHARES S&P U.S. PREFERRED STO$9,852$10,173
JOHCM INTERNATIONAL SELECT FUN$14,801$17,125
LAZARD GLOBAL LISTED INFRASTRU$14,263$14,327
METROPOLITAN WEST RETURN BOND$69,311$66,718
NEUBERGER BERMAN EMERGING MARK$16,664$20,808
PIMCO INCOME FUND$19,923$19,906
PIMCO MORTGAGE OPPORTUNITIES F$67,912$66,586
PRINCIPAL MIDCAP FUND; R6$12,849$17,622
UNDISCOVERED MANAGERS BEHAVIOR$9,073$17,258
VANGUARD FTSE DEVELOPED MARKET$16,762$20,628
VANGUARD FTSE EMERGING MARKETS$6,599$6,380
VANGUARD LONG-TERM TREASURY FU$15,799$13,487
VIRTUS SEIX FLTG RATE HIGH INC$13,149$13,344
WESTERN ASSET CORE PLUS BOND P$54,517$53,398

Liquidation Explanation Stmt LiquidationExplanationStmt

FieldValueIRS element (for citing)
ExplanationAs explained below, the Foundation has no plans for dissolution. This statement is submitted to report the distribution of certain assets during the year. The distributions resulted in a substantial contraction of assets. The following information is submitted in accordance with Treasury Regulation Section 1.6043-3(a)(1) and the Form 990-PF instructions: During the taxable year ending December 31, 2021, the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled $254,161. This amount represents 25% or more of the Foundation's net assets of $866,645 (as measured by fair market value) at the beginning of the Foundation's taxable year ending December 31, 2021. Although the Foundation technically experienced a substantial contraction it will continue in existence and has no plans for dissolution. The Foundation made distributions of cash to the grantees listed in the attachment to Part XIV, Line 3a; each such grant was made solely for the charitable purpose specified therein.ExplanationTxt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
Administrative Fees$13,317$13,317
Cell Phone Expense$1,639$1,639
Website Hosting/Support$213$213

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryInvestment Management ServicesCategoryTxt
Amt$8,257Amt
Net Investment Income$8,257NetInvestmentIncomeAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmt
990-PF Estimated Tax for 2021$100
990-PF Excise Tax for 2020$74

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