ST AUGUSTINE FOUNDATION: Form 990PF, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- ST AUGUSTINE FOUNDATION (EIN 59-6152316)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-11-15
- IRS object ID
- 202243199349101139
- 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
- Accounting Fees Schedule
- Depreciation Schedule
- General Explanation Attachment
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Land Etc Schedule2
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-11-15T07:59:19-06:00 | ReturnTs |
| Tax Period End | 2021-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 204193611 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Batts Morrison Wales & Lee PA | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 801 North Orange Avenue Suite 800 | AddressLine1Txt |
| City | Orlando | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 32801 | 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 | 596152316 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | St Augustine Foundation Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | STAU | BusinessNameControlTxt |
| Phone | 9048296481 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 74 King Street | AddressLine1Txt |
| City | St Augustine | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 32084 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Dr William Abare | PersonNm |
| Person Title | President | PersonTitleTxt |
| Phone | 9048296481 | PhoneNum |
| Signature | 2022-11-10 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | Dr | PersonFirstNm |
| Person Last | William Abare | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| PTIN | P00428093 | PTIN |
| Phone | 4077706000 | PhoneNum |
| Preparation | 2022-11-10 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| 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) |
|---|---|---|
| Address Change | Yes (X) | AddressChangeInd |
| Name Change | Yes (X) | NameChangeInd |
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $5,957,238 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $12 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $12 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $76,598 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $76,598 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $507,643 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,046,127 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $507,643 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $342,814 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $340,995 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $0 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $927,067 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $925,248 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $0 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $0 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $103,102 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $5,322 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Adj Net Incm | $0 | OthEmplSlrsWgsAdjNetIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $97,780 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $33,038 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $1,705 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Adj Net Incm | $0 | PensionEmplBnftAdjNetIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $31,333 | PensionEmplBnftDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $15,160 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $2,744 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $12,416 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $21,250 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $21,250 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $0 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $62,999 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $52,201 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $0 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $7,209 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $17,403 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $0 | DeprecAndDpltnNetInvstIncmAmt |
| Deprec And Dpltn Adj Net Incm | $0 | DeprecAndDpltnAdjNetIncmAmt |
| Occupancy Rev And Expnss | $7,685 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $523 | OccupancyNetInvstIncmAmt |
| Occupancy Adj Net Incm | $0 | OccupancyAdjNetIncmAmt |
| Occupancy Dsbrs Chrtbl | $7,161 | OccupancyDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $76,613 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $4,330 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $0 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $72,283 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $337,250 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $88,075 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $228,182 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $0 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $170,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $337,250 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $88,075 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $398,182 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $589,817 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $837,173 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $22,438 | CashBOYAmt |
| Cash EOY | $33,802 | CashEOYAmt |
| Cash EOYFMV | $33,802 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $304,409 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $1,113,070 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $1,113,070 | SavAndTempCashInvstEOYFMVAmt |
| Prepaid Expenses BOY | $31,883 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $37,938 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $37,938 | PrepaidExpensesEOYFMVAmt |
| Corporate Stock BOY | $3,645,018 | CorporateStockBOYAmt |
| Corporate Stock EOY | $3,376,211 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $3,376,211 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $976,925 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $966,973 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $966,973 | CorporateBondsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $1,028,840 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $601,127 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $445,116 | LandBOYAmt |
| Land EOY | $427,713 | LandEOYAmt |
| Land EOYFMV | $427,713 | LandEOYFMVAmt |
| Other Assets BOY | $2,580 | OtherAssetsBOYAmt |
| Other Assets EOY | $1,531 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $1,531 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $5,428,369 | TotalAssetsBOYAmt |
| Total Assets EOY | $5,957,238 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $5,957,238 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $22,457 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $26,888 | AccountsPayableEOYAmt |
| Grants Payable BOY | $215,000 | GrantsPayableBOYAmt |
| Grants Payable EOY | $15,000 | GrantsPayableEOYAmt |
| Other Liabilities BOY | $56,245 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $56,935 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $293,702 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $98,823 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $5,134,667 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $5,858,415 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $5,134,667 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $5,858,415 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $5,428,369 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $5,957,238 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $5,134,667 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $589,817 | ExcessRevenueOverExpensesAmt |
| Other Increases | $133,931 | OtherIncreasesAmt |
| Subtotal | $5,858,415 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $5,858,415 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|
| Vanguard Total Stock Market Index Fund | $750,000 | $351,860 | $398,140 | $398,140 | |
| EuroPacific Growth Fund | $250,000 | $186,624 | $63,376 | $63,376 | |
| Capital Gains Dividends | $46,127 | $46,127 | $46,127 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $507,643 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $11,637 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $11,637 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $11,637 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $2,640 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $2,640 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $90 | EsPenaltyAmt |
| Tax Due | $9,087 | TaxDueAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | Yes (1) | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | FL | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 9048296481 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 74 King Street | AddressLine1Txt |
| City | St Augustine | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 32084 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (1) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| Dr William Proctor | ||||||||
| 74 King Street | St Augustine | FL | 32084 | President, Chairman, Director | 1.00 | $0 | $0 | $0 |
| David Carson | ||||||||
| 74 King Street | St Augustine | FL | 32084 | Treasurer, Secretary | 1.00 | $0 | $0 | $0 |
| Kramer Upchurch | ||||||||
| 74 King Street | St Augustine | FL | 32084 | Director | 1.00 | $0 | $0 | $0 |
| Dr William Abare | ||||||||
| 74 King Street | St Augustine | FL | 32084 | Director | 1.00 | $0 | $0 | $0 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Joy MacMillan | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 74 King Street | AddressLine1Txt |
| City | St Augustine | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 32084 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | Executive Director | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 40.00 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $52,651 | CompensationAmt |
| Employee Benefits | $11,800 | EmployeeBenefitsAmt |
| Expense Account | $0 | ExpenseAccountAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | The Foundation maintains an extensive historical research library featuring books, microfilms, translation works, articles, and other publications related to the history of St. Augustine, Florida, as well as the U.S. and Spain. These resources are provided free of charge to members of the public who may utilize the resources for historical research projects, publications, lectures, or other purposes. | Description1Txt |
| Expenses1 | $42,500 | Expenses1Amt |
| Description2 | The Foundation maintains and preserves nine historical properties in St. Augustine, Florida. The Foundation (through the use of vendors, as needed) manages the upkeep of the properties to ensure that the architecture is historically accurate and to preserve the condition of the properties such that the properties can be enjoyed and appreciated by the general public for years to come. | Description2Txt |
| Expenses2 | $89,600 | Expenses2Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $4,964,376 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $263,631 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $39,469 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $5,267,476 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $5,267,476 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $79,012 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $5,188,464 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $259,423 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $259,423 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $11,637 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $11,637 | TotalTaxAmt |
| Distributable Before Adj | $247,786 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $247,786 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $247,786 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $398,182 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $398,182 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $247,786 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $34,085 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $79,069 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $45,565 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $1,383 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $12,094 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $172,196 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $398,182 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $247,786 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $150,396 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $322,592 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $34,085 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $288,507 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $79,069 | ExcessFromYear4Amt |
| Excess From Year3 | $45,565 | ExcessFromYear3Amt |
| Excess From Year2 | $1,383 | ExcessFromYear2Amt |
| Excess From Year1 | $12,094 | ExcessFromYear1Amt |
| Excess From Current Year | $150,396 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | The Board of Directors | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 74 King Street | AddressLine1Txt |
| City | St Augustine | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 32084 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 9048298481 | RecipientPhoneNum |
| Recipient Email Address | Staugustinefound@bellsouth.net | RecipientEmailAddressTxt |
| Form And Info And Materials | The Foundation does not have a universal application for grant awards. The Foundation has a detailed document instructing the potential grantee regarding the information required to be included in the proposal, including: applicant's name, institutional affiliation, and other identifying information; description of the project, methodology, and expected research outcomes (including a connection between the research and the Foundation); a projected budget and the amount requested; expected timetable of the project; professional vitas and references; permits to conduct the research; and other information, includng information regarding the applicant's public charity status. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | None. | SubmissionDeadlinesTxt |
| Restrictions On Awards | Grants are awarded to public charities to support individuals selected by the public institution to conduct serious or advanced research. While grants are available to all qualified applicants, in general, those who have completed the undergraduate level of the education will be given preference. As a rule, grants are not awarded for research conducted by individuals whose academic credentials are below the Ph.D. level. | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (4 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| Flagler College Inc | ||||||
| 74 King Street | St Augustine | FL | 32084 | PC | Grant for the study and promotion of the history and restoration of St. Augustine. | $95,000 |
| Friends of Lincolnville Inc | ||||||
| 102 ML King Ave | St Augustine | FL | 32084 | PC | Grant for the study and promotion of the history and restoration of St. Augustine. | $25,000 |
| Lightner Museum of Hobbies | ||||||
| PO Box 334 | St Augustine | FL | 32085 | PC | Grant for the study and promotion of the history and restoration of St. Augustine. | $25,000 |
| Saint Augustine Historical Society | ||||||
| 271 Charlotte St | St Augustine | FL | 32084 | PC | Grant for the study and promotion of the history and restoration of St. Augustine. | $25,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $170,000 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $12 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $76,598 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $342,814 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $507,643 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $927,067 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $927,067 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Accounting Fees | CategoryTxt |
| Amt | $15,160 | Amt |
| Net Investment Income | $2,744 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $12,416 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (7 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Prior Year DepreciationPriorYearDepreciationAmt | Computation MethodComputationMethodTxt | RtRt | Current Year ExpenseCurrentYearExpenseAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|---|---|---|---|---|
| Vehicle | 1978-01-01 | $14,041 | $14,041 | SL | 0.000000000000 | $0 | $0 | $0 |
| Historical Rental Properties F&E | 1985-12-31 | $57,067 | $40,371 | SL | 0.000000000000 | $0 | $0 | $0 |
| Historical Research F&E | 1985-12-31 | $19,601 | $19,601 | SL | 0.000000000000 | $0 | $0 | $0 |
| Buildings | 1964-12-31 | $272,032 | $237,190 | SL | 0.000000000000 | $0 | $0 | $0 |
| Building Improvements | 1989-06-30 | $411,997 | $289,924 | SL | 0.000000000000 | $0 | $0 | $0 |
| Books | 1997-12-31 | $25,000 | NC | 0.000000000000 | $0 | $0 | $0 | |
| Land | 1978-01-01 | $229,102 | NC | 0.000000000000 | $0 | $0 | $0 |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Request for Abatement of Penalties | IdentifierTxt |
| Form And Line Reference | Form 990-PF, Part VI, Line 9 | FormAndLineReferenceDesc |
| Medium Explanation | St. Augustine Foundation, Inc.74 King StreetSt. Augustine, FL 32084EIN: 59-6152316For the tax year ended December 31, 2021.The Foundation owns various historic properties in St. Augustine that it preserves, maintains, and exhibits in furtherance of its exempt purposes. The Foundation has no acquisition indebtedness on such properties. The Foundation rents certain of its historical properties to unrelated entities to operate retail businesses, and for other purposes. The Foundation generates rental income from the leases and incurs expenses associated with such rental activity. The Foundation has historically utilized the services of a CPA firm for the preparation of its Form 990-PF, Return of Private Foundation. The Foundation was not aware of and had not been advised that rent payments received from the rental of assets devoted to charitable activities were subject to the excise tax on net investment income [Treas. Reg. 53.4940-1(d)]. In 2022, the Foundation engaged a new CPA firm to evaluate the Foundation's treatment of the rental activities for net investment income purposes. The new CPA's firm analysis was not complete until after the original due date of the 2021 Form 990-PF. The Foundation is amending the Forms 990-PF filed for the open years (2019 and 2020) to report the rental activity as subject to the tax on net investment income, and to correct other issues identified on these returns. The Foundation is also preparing the 2021 Form 990-PF to report the rental activities as subject to the tax on net investment income.Since the new CPA firm's analysis associated with the correct treatment and computation of the rental activities for net investment income purposes was not complete before the due date of the 2021 Form 990-PF, the Foundation respectfully requests that the IRS abate late-payment penalties associated with these Forms 990-PF as the Foundation's late-payment was due to reasonable cause and not willful neglect. | MediumExplanationTxt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | Metropolitan West Total Return Bond Fund | BondNm |
| EOY Book Value | $966,973 | EOYBookValueAmt |
| EOYFMV | $966,973 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (3 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| Vanguard Total Stock Market Index Fund | $2,689,665 | $2,689,665 |
| American Funds EuroPacific Growth Fund | $412,596 | $412,596 |
| BlackRock Multi-Asset Income Fund | $273,950 | $273,950 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (7 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt |
|---|---|---|---|
| Vehicle | $14,041 | $14,041 | $0 |
| Historical Rental Properties F&E | $57,067 | $40,371 | $16,696 |
| Historical Research F&E | $19,601 | $19,601 | $0 |
| Buildings | $272,032 | $237,190 | $34,842 |
| Building Improvements | $411,997 | $289,924 | $122,073 |
| Books | $25,000 | $0 | $25,000 |
| Land | $229,102 | $0 | $229,102 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Accrued Interest Receivable | Desc |
| BOY Book Value | $2,580 | BOYBookValueAmt |
| EOY Book Value | $1,531 | EOYBookValueAmt |
| EOYFMV | $1,531 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (6 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| Insurance | $46,870 | $3,085 | $0 | $43,785 |
| Repairs and Maitenance - Historic Preservation Properties | $19,401 | $0 | $0 | $19,401 |
| Office Supplies and Expense | $3,757 | $388 | $0 | $3,369 |
| Storage - Research Artifacts | $1,853 | $0 | $0 | $1,853 |
| Licenses and Fees | $274 | $50 | $0 | $224 |
| Other | $4,458 | $807 | $0 | $3,651 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| Real Property Rent Income - Historic Properties | $340,795 | $340,795 |
| Return of Grant Funds (not previously treated as a qualifying distribution) | $1,819 | $0 |
| Miscellaneous Income | $200 | $200 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Unrealized Gains and Losses | Desc |
| Amt | $133,931 | Amt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| Due to Affiliated Agency | $33,542 | $35,029 |
| Pension Obligation | $22,703 | $21,906 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Investment Fees | CategoryTxt |
| Amt | $21,250 | Amt |
| Net Investment Income | $21,250 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| Payroll Taxes | $7,601 | $392 | $0 | $7,209 |
| Property Taxes | $51,809 | $51,809 | $0 | $0 |
| Form 990-PF Excise Tax | $3,589 | $0 | $0 | $0 |
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