PURPOSE BUILT COMMUNITIES FOUNDATION INC: Form 990PF, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
PURPOSE BUILT COMMUNITIES FOUNDATION INC (EIN 45-4056587)
Tax period
2021-01-01 to 2021-12-31
Filed
2022-11-10
IRS object ID
202243149349100524
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)
Return2022-11-10T09:30:24-06:00ReturnTs
Tax Period End2021-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN454084437PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1WARREN AVERETT LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1SIX CONCOURSE PARKWAY SUITE 600AddressLine1Txt
CityATLANTACityNm
State AbbreviationGAStateAbbreviationCd
ZIP30328ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2021-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN454056587EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1PURPOSE BUILT COMMUNITIES FOUNDATIONINCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlPURPBusinessNameControlTxt
Phone4045911400PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12380 HOSEA WILLIAMS DRIVE NE 4AddressLine1Txt
CityATLANTACityNm
State AbbreviationGAStateAbbreviationCd
ZIP30317ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonCAROL REDMOND NAUGHTONPersonNm
Person TitlePRESIDENT & CEOPersonTitleTxt
Phone4045911400PhoneNum
Signature2022-11-03SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstCAROLPersonFirstNm
Person LastREDMOND NAUGHTONPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonADAM REPASYPreparerPersonNm
PTINP01689756PTIN
Phone7703961100PhoneNum
Preparation2022-11-03PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer3TrustedCustomerCd
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$8,827,642FMVAssetsEOYAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$4,246,227ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$1,814InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$1,814InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$1,814InterestOnSavingsAdjNetIncmAmt
Cap Gain Net Incm Net Invst Incm$0CapGainNetIncmNetInvstIncmAmt
Net ST Capital Gain Adj Net Incm$0NetSTCapitalGainAdjNetIncmAmt
Other Income Rev And Expnss$3,059OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm$0OtherIncomeNetInvstIncmAmt
Other Income Adj Net Incm$3,059OtherIncomeAdjNetIncmAmt
Total Rev And Expnss$4,251,100TotalRevAndExpnssAmt
Total Net Invst Incm$1,814TotalNetInvstIncmAmt
Total Adj Net Incm$4,873TotalAdjNetIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$690,694CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm$0CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Adj Net Incm$0CompOfcrDirTrstAdjNetIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl$690,694CompOfcrDirTrstDsbrsChrtblAmt
Oth Empl Slrs Wgs Rev And Expnss$1,761,616OthEmplSlrsWgsRevAndExpnssAmt
Oth Empl Slrs Wgs Net Invst Incm$0OthEmplSlrsWgsNetInvstIncmAmt
Oth Empl Slrs Wgs Adj Net Incm$0OthEmplSlrsWgsAdjNetIncmAmt
Oth Empl Slrs Wgs Dsbrs Chrtbl$1,761,616OthEmplSlrsWgsDsbrsChrtblAmt
Pension Empl Bnft Rev And Expnss$405,576PensionEmplBnftRevAndExpnssAmt
Pension Empl Bnft Net Invst Incm$0PensionEmplBnftNetInvstIncmAmt
Pension Empl Bnft Adj Net Incm$0PensionEmplBnftAdjNetIncmAmt
Pension Empl Bnft Dsbrs Chrtbl$405,576PensionEmplBnftDsbrsChrtblAmt
Legal Fees Rev And Expnss$53,466LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm$0LegalFeesNetInvstIncmAmt
Legal Fees Adj Net Incm$0LegalFeesAdjNetIncmAmt
Legal Fees Dsbrs Chrtbl$53,466LegalFeesDsbrsChrtblAmt
Accounting Fees Rev And Expnss$31,505AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$0AccountingFeesNetInvstIncmAmt
Accounting Fees Adj Net Incm$0AccountingFeesAdjNetIncmAmt
Accounting Fees Chrtbl Prps$31,505AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss$1,492,524OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$0OtherProfFeesNetInvstIncmAmt
Other Prof Fees Adj Net Incm$0OtherProfFeesAdjNetIncmAmt
Other Prof Fees Dsbrs Chrtbl$1,492,524OtherProfFeesDsbrsChrtblAmt
Taxes Rev And Expnss$158,578TaxesRevAndExpnssAmt
Taxes Net Invst Incm$0TaxesNetInvstIncmAmt
Taxes Adj Net Incm$0TaxesAdjNetIncmAmt
Taxes Dsbrs Chrtbl$158,578TaxesDsbrsChrtblAmt
Deprec And Dpltn Rev And Expnss$41,484DeprecAndDpltnRevAndExpnssAmt
Deprec And Dpltn Net Invst Incm$0DeprecAndDpltnNetInvstIncmAmt
Deprec And Dpltn Adj Net Incm$0DeprecAndDpltnAdjNetIncmAmt
Occupancy Rev And Expnss$161,477OccupancyRevAndExpnssAmt
Occupancy Net Invst Incm$0OccupancyNetInvstIncmAmt
Occupancy Adj Net Incm$0OccupancyAdjNetIncmAmt
Occupancy Dsbrs Chrtbl$161,477OccupancyDsbrsChrtblAmt
Trav Conf Meeting Rev And Expnss$12,171TravConfMeetingRevAndExpnssAmt
Trav Conf Meeting Net Invst Incm$0TravConfMeetingNetInvstIncmAmt
Trav Conf Meeting Adj Net Incm$0TravConfMeetingAdjNetIncmAmt
Trav Conf Meeting Dsbrs Chrtbl$12,171TravConfMeetingDsbrsChrtblAmt
Other Expenses Rev And Expnss$161,141OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$0OtherExpensesNetInvstIncmAmt
Other Expenses Adj Net Incm$0OtherExpensesAdjNetIncmAmt
Other Expenses Dsbrs Chrtbl$161,141OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$4,970,232TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm$0TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$4,928,748TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$804,491ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$804,491ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$5,774,723TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm$0TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl$5,733,239TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$1,523,623ExcessRevenueOverExpensesAmt
Net Investment Income$1,814NetInvestmentIncomeAmt
Adjusted Net Income$4,873AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$257,822CashBOYAmt
Cash EOY$194,840CashEOYAmt
Cash EOYFMV$194,840CashEOYFMVAmt
Sav And Temp Cash Invst BOY$5,147,865SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$6,903,030SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$6,903,030SavAndTempCashInvstEOYFMVAmt
Acct Rcvbl$23,000AcctRcvblAmt
Acct Rcvbl BOY$27,000AcctRcvblBOYAmt
Acct Rcvbl EOY$23,000AcctRcvblEOYAmt
Acct Rcvbl EOYFMV$23,000AcctRcvblEOYFMVAmt
Pledges Rcvbl$1,552,500PledgesRcvblAmt
Pledges Rcvbl BOY$4,157,276PledgesRcvblBOYAmt
Pledges Rcvbl EOY$1,552,500PledgesRcvblEOYAmt
Pledges Rcvbl EOYFMV$1,552,500PledgesRcvblEOYFMVAmt
Other Nts And Loans Rcvbl BOY$587,650OtherNtsAndLoansRcvblBOYAmt
Other Nts And Loans Rcvbl EOY$0OtherNtsAndLoansRcvblEOYAmt
Other Nts And Loans Rcvbl EOYFMV$0OtherNtsAndLoansRcvblEOYFMVAmt
Prepaid Expenses BOY$48,292PrepaidExpensesBOYAmt
Land Bldg Equip Cost Or Other Bss$252,190LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$112,418LandBldgEquipAccumDeprecAmt
Land BOY$177,396LandBOYAmt
Land EOY$139,772LandEOYAmt
Land EOYFMV$139,772LandEOYFMVAmt
Other Assets BOY$14,500OtherAssetsBOYAmt
Other Assets EOY$14,500OtherAssetsEOYAmt
Other Assets EOYFMV$14,500OtherAssetsEOYFMVAmt
Total Assets BOY$10,417,801TotalAssetsBOYAmt
Total Assets EOY$8,827,642TotalAssetsEOYAmt
Total Assets EOYFMV$8,827,642TotalAssetsEOYFMVAmt
Accounts Payable BOY$208,373AccountsPayableBOYAmt
Accounts Payable EOY$228,377AccountsPayableEOYAmt
Grants Payable EOY$30,000GrantsPayableEOYAmt
Deferred Revenue BOY$171,597DeferredRevenueBOYAmt
Deferred Revenue EOY$55,477DeferredRevenueEOYAmt
Total Liabilities BOY$379,970TotalLiabilitiesBOYAmt
Total Liabilities EOY$313,854TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Capital Stock BOY$0CapitalStockBOYAmt
Capital Stock EOY$0CapitalStockEOYAmt
Additional Paid In Capital BOY$0AdditionalPaidInCapitalBOYAmt
Additional Paid In Capital EOY$0AdditionalPaidInCapitalEOYAmt
Retained Earning BOY$10,037,831RetainedEarningBOYAmt
Retained Earning EOY$8,513,788RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$10,037,831TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$8,513,788TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$10,417,801TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$8,827,642TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$10,037,831TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$1,523,623ExcessRevenueOverExpensesAmt
Other Increases$0OtherIncreasesAmt
Subtotal$8,514,208SubtotalAmt
Other Decreases$420OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$8,513,788TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$25InvestmentIncomeExciseTaxAmt
Tax Under Section511$0TaxUnderSection511Amt
Subtotal$25SubtotalAmt
Subtitle A Tax$0SubtitleATaxAmt
Tax Based On Investment Income$25TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$400EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce$0ExemptFrgnOrgTaxWthldAtSrceAmt
Extsn Request Income Tax Paid$0ExtsnRequestIncomeTaxPaidAmt
Backup Withholding Withheld$0BackupWithholdingWithheldAmt
Total Payments And Credits$400TotalPaymentsAndCreditsAmt
Es Penalty$0EsPenaltyAmt
Overpayment$375OverpaymentAmt
Applied To ES Tax$375AppliedToESTaxAmt
Refund$0RefundAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political Acty0LegislativePoliticalActyInd
More Than100 Spent0MoreThan100SpentInd
Form1120 POL Filed0Form1120POLFiledInd
Section4955 Organization Tax$0Section4955OrganizationTaxAmt
Section4955 Managers Tax$0Section4955ManagersTaxAmt
Tax Reimbursed$0TaxReimbursedAmt
Activities Not Previously Rpt0ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws0ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc0OrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (1)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (1)AtLeast5000InAssetsInd
Org Report Or Register StateGAOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (1)Form990PFFiledWithAttyGenInd
Private Operating FoundationYes (1)PrivateOperatingFoundationInd
New Substantial ContributorsYes (1)NewSubstantialContributorsInd
Own Controlled Entity0OwnControlledEntityInd
Donor Advised Fund0DonorAdvisedFundInd
Comply With Public Insp RqrYes (1)ComplyWithPublicInspRqrInd
Website AddressWWW.PURPOSEBUILTCOMMUNITIES.ORGWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1THE FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone4045911400PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line12380 HOSEA WILLIAMS DRIVE NE 4AddressLine1Txt
CityATLANTACityNm
State AbbreviationGAStateAbbreviationCd
ZIP30317ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts Question0ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified Prsn0SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn0BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnYes (1)FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnYes (1)PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn0TransferAstDisqualifiedPrsnInd
Payment To Government Official0PaymentToGovernmentOfficialInd
Acts Fail To Qlfy As Exceptions0ActsFailToQlfyAsExceptionsInd
Uncorrected Prior Acts0UncorrectedPriorActsInd
Undistributed Income PY0UndistributedIncomePYInd
Business Holdings0BusinessHoldingsInd
Jeopardy Investments0JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst0UncorrectedPYJeopardyInvstInd
Influence Legislation0InfluenceLegislationInd
Influence Election0InfluenceElectionInd
Grants To Individuals0GrantsToIndividualsInd
Grants To Organizations0GrantsToOrganizationsInd
Noncharitable Purpose0NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (12 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
LILLIAN GIORNELLI
2380 HOSEA WILLIAMS DRIVE NEATLANTAGA30317BOARD MEMBER2.00$0$0$0
THOMAS G COUSINS
2380 HOSEA WILLIAMS DRIVE NEATLANTAGA30317BOARD MEMBER2.00$0$0$0
ALEXANDER T ROBERTSON
2380 HOSEA WILLIAMS DRIVE NEATLANTAGA30317BOARD MEMBER2.00$0$0$0
WILLIAM C WREN
2380 HOSEA WILLIAMS DRIVE NEATLANTAGA30317BOARD MEMBER2.00$0$0$0
STEVE MACADAM
2380 HOSEA WILLIAMS DRIVE NEATLANTAGA30317BOARD MEMBER2.00$0$0$0
TOM G CHARLESWORTH
2380 HOSEA WILLIAMS DRIVE NEATLANTAGA30317BOARD CHAIRMAN2.00$0$0$0
MARSHALL NORWOOD
2380 HOSEA WILLIAMS DRIVE NEATLANTAGA30317IMMEDIATE PAST CFO40.00$270,295$10,683$0
CAROL R NAUGHTON
2380 HOSEA WILLIAMS DRIVE NEATLANTAGA30317CEO, PRESIDENT40.00$325,707$11,600$0
LINDA ROBERTS
2380 HOSEA WILLIAMS DRIVE NEATLANTAGA30317SECRETARY40.00$94,692$3,896$0
OTHELLO MEADOWS
2380 HOSEA WILLIAMS DRIVE NEATLANTAGA30317BOARD MEMBER2.00$0$0$0
LYNETTE BELL
2380 HOSEA WILLIAMS DRIVE NEATLANTAGA30317BOARD MEMBER2.00$0$0$0
PAUL REVILLE
2380 HOSEA WILLIAMS DRIVE NEATLANTAGA30317BOARD MEMBER2.00$0$0$0

Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (5 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee BenefitsEmployeeBenefitsAmtExpense AccountExpenseAccountAmt
MICHELLE MATTHEWS
2380 HOSEA WILLIAMS DRIVE NEATLANTAGA30317SENIOR VICE PRESIDEN40.00$270,401$9,583$0
MELISSA DEVEREAUX
2380 HOSEA WILLIAMS DRIVE NEATLANTAGA30317VICE PRESIDENT40.00$186,381$7,579$0
CATALINA SIBILSKY
2380 HOSEA WILLIAMS DRIVE NEATLANTAGA30317VP OF EDUCATION INIT40.00$181,280$7,251$0
ANITA ANDERSON
2380 HOSEA WILLIAMS DRIVE NEATLANTAGA30317VICE PRESIDENT40.00$164,460$6,674$0
ETHAN DAVIDSON
2380 HOSEA WILLIAMS DRIVE NEATLANTAGA30317VP OF COMMUNICATIONS40.00$154,949$6,490$0
FieldValueIRS element (for citing)
Other Employee Paid Over50k7OtherEmployeePaidOver50kCnt

Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (5 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdService TypeServiceTypeTxtCompensationCompensationAmt
FRAMEWORKS INSTITUTE
1333 H STREET NWWASHINGTONDC20005STRATEGIC COMMUNICATIONS CONSULTANT$162,750
CONSERTE LLC
2275 MARIETTA BLVD NW STE 270ATLANTAGA30318STRATEGIC DIRECTION CONSULTANT$157,917
HL STRATEGY INC
1266 WEST PACES FERRY ROAD 551ATLANTAGA30327STRATEGIC ADVISORY SERVICES$137,000
COXE CURRY & ASSOCIATES
191 PEACHTREE STREET NE STE 450ATLANTAGA30303FUNDRAISING CONSULTANT$120,517
RACE FORWARD
145 E 57TH STREET 4TH FLOORNEW YORKNY10022RACIAL EQUITY CONSULTANT$105,932
FieldValueIRS element (for citing)
Contractor Paid Over50k8ContractorPaidOver50kCnt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1ASSISTS LOCAL COMMUNITY QUARTERBACK ORGANIZATIONS, THEIR PARTNERS AND COMMUNITY MEMBERS IN DEVELOPING THE STRATEGIES AND PARTNERSHIPS NEEDED TO EFFECTIVELY STRENGTHEN DISTRESSED NEIGHBORHOODS SO THAT THE PEOPLE WHO LIVE THERE EXPERIENCE GREATER RACIAL EQUITY, BETTER HEALTH OUTCOMES AND UPWARD ECONOMIC MOBILITY. PROVIDES A MODEL FOR HOLISTIC NEIGHBORHOOD REVITALIZATION TO BE IMPLEMENTED LOCALLY ALONG WITH FREE CONSULTING AND TECHNICAL ASSISTANCE THROUGH ITS OWN STAFF, CONTRACTORS, AND OTHER PARTNERS TO FURTHER DEEPEN AND MEASURE IMPACT IN SUCH NEIGHBORHOODS. SUPPORTS A NETWORK-WIDE COMMUNITY OF PRACTICE ACCELERATE IMPACT. WORKS TO MEASURE OUTCOMES AND COMMUNICATE RESULTS.Description1Txt
Expenses1$5,774,723Expenses1Amt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$6,251,779AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$6,251,779TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$6,251,779AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$93,777CashDeemedCharitableAmt
Net Vl Noncharitable Assets$6,158,002NetVlNoncharitableAssetsAmt
Minimum Investment Return$307,900MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Sect4942j3j5 Fndtn And Frgn OrgYes (X)Sect4942j3j5FndtnAndFrgnOrgInd

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$5,733,239ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Qualifying Distributions$5,733,239QualifyingDistributionsAmt

Private Operating Foundations PrivateOperatingFoundationsGrp

FieldValueIRS element (for citing)
Private Operating Fndtn Ruling2013-11-24PrivateOperatingFndtnRulingDt
Section4942j3Yes (X)Section4942j3Ind

Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp

FieldValueIRS element (for citing)
Current Year$4,873CurrentYearAmt
Year1$29,537Year1Amt
Year2$188,502Year2Amt
Year3$132,146Year3Amt
Total$355,058TotalAmt

Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp

FieldValueIRS element (for citing)
Current Year$4,142CurrentYearAmt
Year1$25,106Year1Amt
Year2$160,227Year2Amt
Year3$112,324Year3Amt
Total$301,799TotalAmt

Qualifying Distributions QualifyingDistributionsGrp

FieldValueIRS element (for citing)
Current Year$5,733,239CurrentYearAmt
Year1$3,867,005Year1Amt
Year2$5,769,213Year2Amt
Year3$5,607,006Year3Amt
Total$20,976,463TotalAmt

Qualifying Distri Not Used Drt QualifyingDistriNotUsedDrtGrp

FieldValueIRS element (for citing)
Current Year$0CurrentYearAmt
Year1$0Year1Amt
Year2$0Year2Amt
Year3$0Year3Amt
Total$0TotalAmt

Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp

FieldValueIRS element (for citing)
Current Year$5,733,239CurrentYearAmt
Year1$3,867,005Year1Amt
Year2$5,769,213Year2Amt
Year3$5,607,006Year3Amt
Total$20,976,463TotalAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Total Assets Sect4942j3 Bi TotalAssetsSect4942j3BiGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp

FieldValueIRS element (for citing)
Current Year$205,267CurrentYearAmt
Year1$215,019Year1Amt
Year2$165,095Year2Amt
Year3$88,097Year3Amt
Total$673,478TotalAmt

Total Support TotalSupportGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Public Support Type PublicSupportType

FieldValueIRS element (for citing)
Total$0TotalAmt

Largest Support From EO LargestSupportFromEOGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Gross Investment Income GrossInvestmentIncomeGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (13 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
EAST LAKE FOUNDATION
2606 ALSTON DRIVE SEATLANTAGA30317N/A501(C)(3)OPERATIONS$233,666
FCS MINISTRIES
1297 MCDONOUGH BLVD SEATLANTAGA30315N/A501(C)(3)GENERAL OPERATIONS$288,167
GROVE PARK FOUNDATION
1566 DONALD LEE HOLLOWELL PKWYATLANTAGA30318N/A501(C)(3)OPERATIONS$273,167
DREW CHARTER SCHOOL
300 EVA DAVIS WAY SEATLANTAGA30317N/A501(C)(3)OPERATIONS$2,730
CONNECT COMMUNITY
6700B BELLAIRE BLVDHOUSTONTX77074N/A501(C)(3)OPERATIONS$1,004
AMERICAN KIDNEY FUND
11921 ROCKVILLE DRIVEROCKVILLEMD20852N/A501(C)(3)OPERATIONS$500
NEW AMERICAN PATHWAYS
2300 HENDERSON MILL ROADATLANTAGA30345N/A501(C)(3)OPERATIONS$500
REACH RIVERSIDE
2300 BOWERS STREETWILMINGTONDE19802N/A501(C)(3)OPERATIONS$1,000
NOEL F KHALIL SCHOLARSHIP FUND
1718 PEACHTREE STREET NW 684ATLANTAGA30309N/A501(C)(3)SCHOLARSHIPS$1,193
JUVENILE DIABETES RESEARCH FOUNDATION
200 VESEY STREE 28TH FLOORNEW YORKNY10281N/A501(C)(3)OPERATIONS$250
FLORIDA A&M UNIVERSITY
1601 S MARTIN LUTHER KING JR BLVDTALLAHASSEEFL32307N/A501(C)(3)OPERATIONS$500
BAYOU DISTRICT FOUNDATION
320 JULIA STREETNEW ORLEANSLA70130N/A501(C)(3)OPERATIONS$1,000
HARLEM CHILDREN'S ZONE
35 EAST 125TH STREETNEW YORKNY10035N/A501(C)(3)OPERATIONS$814
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$804,491TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut$0TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$1,814ExclusionAmt

Other Investment Income OtherInvestmentIncomeGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$3,059ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Unrelated Business Taxbl Incm$0UnrelatedBusinessTaxblIncmAmt
Exclusion$4,873ExclusionAmt
Related Or Exempt Function Incm$0RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$4,873TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO0TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO0TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets0SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO0PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets0RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements0ReimbursementArrangementsInd
Loans Or Loan Guarantees0LoansOrLoanGuaranteesInd
Performance Of Services Etc0PerformanceOfServicesEtcInd
Sharing Of Facilities Etc0SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO0RelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp (6 entries)

ContributorContributorNumAddress Line1ContributorUSAddress/AddressLine1TxtCityContributorUSAddress/CityNmState AbbreviationContributorUSAddress/StateAbbreviationCdZIPContributorUSAddress/ZIPCdTotal ContributionsTotalContributionsAmtPerson ContributionPersonContributionIndNoncash ContributionNoncashContributionInd
BBVA FOUNDATION
115 S 20TH STREET 702BIRMINGHAMAL35233$50,000Yes (X)
JP MORGAN CHASE FOUNDATION
2601 PENNSYLVANIA AVE NWWASHINGTONDC20004$825,000Yes (X)
HARLEM CHILDREN'S ZONE
335 EAST 125TH STREETNEW YORKNY10035$808,333Yes (X)
CF FOUNDATION
457 EXECUTIVE PARK S 380ATLANTAGA30329$850,000Yes (X)
WARREN BUFFETT
53555 FARNAM STOMAHANE68131$841,961Yes (X)
ROBERTSON FOUNDATION
6101 PARK AVE FLR 48NEW YORKNY10178$823,564Yes (X)

Non Cash Property Contribution NonCashPropertyContributionGrp

FieldValueIRS element (for citing)
Contributor5ContributorNum
Noncash Property24433 SHRS OF BERKSHIRE HATHAWAYNoncashPropertyDesc
Fair Market Value$841,961FairMarketValueAmt
Received2021-02-16ReceivedDt

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryACCOUNTINGCategoryTxt
Amt$31,505Amt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$31,505DisbursementsCharitablePrpsAmt

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

FieldValueIRS element (for citing)
CategoryLEGALCategoryTxt
Legal Fees$53,466LegalFeesAmt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$53,466DisbursementsCharitablePrpsAmt

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp

FieldValueIRS element (for citing)
DescDEPOSITSDesc
BOY Book Value$14,500BOYBookValueAmt
EOY Book Value$14,500EOYBookValueAmt
EOYFMV$14,500EOYFMVAmt

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

FieldValueIRS element (for citing)
DescUNREALIZED LOSSES OF INVESTMENTSDesc
Amt$420Amt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (10 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
BANK CHARGES$1,437$0$0$1,437
COMPUTER MAINTENANCE$4,000$0$0$4,000
DUES AND SUBSCRIPTIONS$15,575$0$0$15,575
INSURANCE$48,221$0$0$48,221
MARKETING$4,419$0$0$4,419
MEALS AND ENTERTAINMENT$7,986$0$0$7,986
OFFICE SUPPLIES$35,809$0$0$35,809
PROFESSIONAL DEVELOPMENT$3,780$0$0$3,780
WORKERS COMPENSATION$4,088$0$0$4,088
OTHER EXPENSES$35,826$0$0$35,826

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

FieldValueIRS element (for citing)
DescOTHER INCOMEDesc
Revenue And Expenses Per Books$3,059RevenueAndExpensesPerBooksAmt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$3,059AdjustedNetIncomeAmt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryCONSULTANTSCategoryTxt
Amt$1,492,524Amt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$1,492,524DisbursementsCharitablePrpsAmt

Substantial Contributors Sch SubstantialContributorsSch

Substantial Contributor Detail SubstantialContributorDetail (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCd
CF FOUNDATION
3445 PEACHTREE RD SUITE 175ATLANTAGA30326
WARREN BUFFETT
3555 FARNAM STREET SUITE 1440OMAHANE68131
ROBERT WOOD JOHNSON FOUNDATION
50 COLLEGE ROAD EASTPRINCETONNJ08540

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
TAXES AND LICENSE$198$0$0$198
PAYROLL TAXES$158,380$0$0$158,380

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