TRENT ELIJAH FOUNDATION: Form 990PF, tax year 2021

View the entire original 990 at ProPublica ↗

Organization: TRENT ELIJAH FOUNDATION (EIN 86-2164066)
Tax period: 2021-01-01 to 2021-12-31
Filed: 2022-11-15
IRS object ID: 202243199349108624
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
Form 990-PF
Schedule B
Investments Other Schedule2
Other Decreases Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2022-11-15T18:25:31-05:00	ReturnTs
Tax Period End	2021-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	464148474	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	RONALD BLUE & CO CPAS AND CONSLTS LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	1551 N TUSTIN AVE STE 1000	AddressLine1Txt
City	SANTA ANA	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	92705	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	862164066	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	TRENT ELIJAH FOUNDATION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	TREN	BusinessNameControlTxt
Phone	7149725908	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	341 W MEATS AVE	AddressLine1Txt
City	ORANGE	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	928652623	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	MARK HAMILTON	PersonNm
Person Title	PRESIDENT	PersonTitleTxt
Phone	7145430500	PhoneNum
Signature	2022-11-15	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	MARK	PersonFirstNm
Person Last	HAMILTON	PersonLastNm

Field	Value	IRS element (for citing)
SSN	XXX-XX-XXXX	SSN

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	MICHAEL T PETERS CPA	PreparerPersonNm
PTIN	P00199489	PTIN
Phone	7145430500	PhoneNum
Preparation	2022-11-15	PreparationDt

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)
Initial Return	Yes (X)	InitialReturnInd
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$4,092,072	FMVAssetsEOYAmt
Method Of Accounting Cash	Yes (X)	MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Contri Rcvd Rev And Expnss	$4,104,508	ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss	$75	InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm	$75	InterestOnSavNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss	$1,165,889	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$3,736,730	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$1,165,889	CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss	$5,270,472	TotalRevAndExpnssAmt
Total Net Invst Incm	$1,165,964	TotalNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss	$0	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$0	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$0	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$15,000	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$15,000	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$15,000	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$0	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$15,000	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	$5,255,472	ExcessRevenueOverExpensesAmt
Net Investment Income	$1,165,964	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash EOY	$589,483	CashEOYAmt
Cash EOYFMV	$589,483	CashEOYFMVAmt
Other Investments EOY	$3,500,100	OtherInvestmentsEOYAmt
Other Investments EOYFMV	$3,502,589	OtherInvestmentsEOYFMVAmt
Total Assets EOY	$4,089,583	TotalAssetsEOYAmt
Total Assets EOYFMV	$4,092,072	TotalAssetsEOYFMVAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117	Yes (X)	OrgDoesNotFollowFASB117Ind
Retained Earning EOY	$4,089,583	RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances EOY	$4,089,583	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$0	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$4,089,583	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Excess Revenue Over Expenses	$5,255,472	ExcessRevenueOverExpensesAmt
Subtotal	$5,255,472	SubtotalAmt
Other Decreases	$1,165,889	OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY	$4,089,583	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (8 entries)

PropertyPropertyDesc	How AcquiredHowAcquiredCd	AcquiredAcquiredDt	SoldSoldDt	Gross Sales PriceGrossSalesPriceAmt	Cost Or Other BasisCostOrOtherBasisAmt	Gain Or LossGainOrLossAmt	Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
TRANSDIGM GROUP	D	2020-07-21	2021-09-01	$412,543	$144,162	$268,381	$268,381
ALPHABET	D	2020-07-21	2021-07-22	$735,750	$479,880	$255,870	$255,870
BERKSHIRE HATHAWAY	D	2020-07-21	2021-07-22	$554,167	$413,893	$140,274	$140,274
TRANSDIGM GROUP	D	2020-07-21	2021-07-22	$708,457	$562,452	$146,005	$146,005
ENTERPRISE PRODUCT PARTNERS	D	2020-11-18	2021-07-22	$10,073	$7,864	$2,209	$2,209
CONSTELLATION SOFTWARE INC	D	2020-07-21	2021-07-22	$829,130	$616,503	$212,627	$212,627
TOPICUS.COM INC	D	2021-07-22	2020-12-23	$70,037	$50,424	$19,613	$19,613
ENTERPRISE PRODUCT PARTNERS	D	2020-07-21	2021-07-22	$416,573	$295,663	$120,910	$120,910

Field	Value	IRS element (for citing)
Capital Gain Net Income	$1,165,889	CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss	$21,822	NetShortTermCapitalGainLossAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$16,207	InvestmentIncomeExciseTaxAmt
Subtotal	$16,207	SubtotalAmt
Tax Based On Investment Income	$16,207	TaxBasedOnInvestmentIncomeAmt
Form2220 Attached	Yes (X)	Form2220AttachedInd
Es Penalty	$384	EsPenaltyAmt
Tax Due	$16,591	TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

Field	Value	IRS element (for citing)
Legislative Political Acty	false	LegislativePoliticalActyInd
More Than100 Spent	false	MoreThan100SpentInd
Form1120 POL Filed	false	Form1120POLFiledInd
Activities Not Previously Rpt	false	ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws	false	ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit	false	UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc	false	OrganizationDissolvedEtcInd
Section508e Rqr Satisfied	Yes (true)	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (true)	AtLeast5000InAssetsInd
Org Report Or Register State	CA	OrgReportOrRegisterStateCd
Form990 PF Filed With Atty Gen	Yes (true)	Form990PFFiledWithAttyGenInd
Private Operating Foundation	false	PrivateOperatingFoundationInd
New Substantial Contributors	false	NewSubstantialContributorsInd
Own Controlled Entity	false	OwnControlledEntityInd
Donor Advised Fund	false	DonorAdvisedFundInd
Comply With Public Insp Rqr	Yes (true)	ComplyWithPublicInspRqrInd
Website Address	N/A	WebsiteAddressTxt
Individual With Books	MARK HAMILTON	IndividualWithBooksNm
Phone	7149725908	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	341 W MEATS AVE	AddressLine1Txt
City	ORANGE	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	92865	ZIPCd

Field	Value	IRS element (for citing)
Foreign Accounts Question	false	ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Field	Value	IRS element (for citing)
Sale Or Exch Disqualified Prsn	false	SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn	false	BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn	false	FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn	false	PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn	false	TransferAstDisqualifiedPrsnInd
Payment To Government Official	false	PaymentToGovernmentOfficialInd
Undistributed Income PY	false	UndistributedIncomePYInd
Business Holdings	false	BusinessHoldingsInd
Jeopardy Investments	false	JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst	false	UncorrectedPYJeopardyInvstInd
Influence Legislation	false	InfluenceLegislationInd
Influence Election	false	InfluenceElectionInd
Grants To Individuals	false	GrantsToIndividualsInd
Grants To Organizations	false	GrantsToOrganizationsInd
Noncharitable Purpose	false	NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt	false	SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 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
TAMMY HAMILTON
341 W MEATS AVE	ORANGE	CA	92865	SECRETARY/CF	1.00	$0	$0	$0
MARK HAMILTON
341 W MEATS AVE	ORANGE	CA	92865	PRESIDENT	1.00	$0	$0	$0

Field	Value	IRS element (for citing)
Comp Of Hghst Pd Empl Or NONE	NONE	CompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONE	NONE	CompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Field	Value	IRS element (for citing)
Description1	N/A	Description1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$1,819,359	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$2,101,510	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$3,920,869	TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast	$3,920,869	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$58,813	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$3,862,056	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$193,103	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$193,103	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$16,207	TaxBasedOnInvestmentIncomeAmt
Total Tax	$16,207	TotalTaxAmt
Distributable Before Adj	$176,896	DistributableBeforeAdjAmt
Distributable Before Ded	$176,896	DistributableBeforeDedAmt
Distributable As Adjusted	$176,896	DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$15,000	ExpensesAndContributionsAmt
Qualifying Distributions	$15,000	QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$176,896	DistributableAsAdjustedAmt
Qualifying Distributions	$15,000	QualifyingDistributionsAmt
Applied To Current Year	$15,000	AppliedToCurrentYearAmt
Undistributed Income CY	$161,896	UndistributedIncomeCYAmt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Contributing Manager	MARK HAMILTON	ContributingManagerNm
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Application Submission Info ApplicationSubmissionInfoGrp

Field	Value	IRS element (for citing)
Recipient Person	MARK HAMILTON	RecipientPersonNm

Recipient US Address RecipientUSAddress

Field	Value	IRS element (for citing)
Address Line1	341 W MEATS AVE	AddressLine1Txt
City	ORANGE	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	92865	ZIPCd

Field	Value	IRS element (for citing)
Recipient Phone	7149725908	RecipientPhoneNum
Recipient Email Address	MARK@WESTPAC.BZ	RecipientEmailAddressTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

Recipient Business Name RecipientBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	INTERVAL HOUSE	BusinessNameLine1Txt

Recipient US Address RecipientUSAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 3356	AddressLine1Txt
City	SEAL BEACH	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	90740	ZIPCd

Field	Value	IRS element (for citing)
Recipient Relationship	UNRELATED	RecipientRelationshipTxt
Recipient Foundation Status	501(C)(3)	RecipientFoundationStatusTxt
Grant Or Contribution Purpose	GENERAL SUPPORT	GrantOrContributionPurposeTxt
Amt	$15,000	Amt

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$15,000	TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$75	ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Exclusion	18	ExclusionCd
Exclusion	$1,165,889	ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Exclusion	$1,165,964	ExclusionAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$1,165,964	TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO	false	TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO	false	TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets	false	SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO	false	PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets	false	RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements	false	ReimbursementArrangementsInd
Loans Or Loan Guarantees	false	LoansOrLoanGuaranteesInd
Performance Of Services Etc	false	PerformanceOfServicesEtcInd
Sharing Of Facilities Etc	false	SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO	false	RelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
General Rule	Yes (X)	GeneralRuleInd

Contributor Information ContributorInformationGrp (2 entries)

ContributorContributorNum	Address Line1ContributorUSAddress/AddressLine1Txt	CityContributorUSAddress/CityNm	State AbbreviationContributorUSAddress/StateAbbreviationCd	ZIPContributorUSAddress/ZIPCd	Total ContributionsTotalContributionsAmt	Person ContributionPersonContributionInd	Noncash ContributionNoncashContributionInd
JACQUELINE HAMILTON
1	341 W MEATS AVE	ORANGE	CA	92865	$3,599,867	Yes (X)	Yes (X)
MARK HAMILTON
2	341 W MEATS AVE	ORANGE	CA	92865	$504,641	Yes (X)	Yes (X)

Non Cash Property Contribution NonCashPropertyContributionGrp (2 entries)

ContributorContributorNum	Noncash PropertyNoncashPropertyDesc	Fair Market ValueFairMarketValueAmt	ReceivedReceivedDt
1	PUBLICLY TRADED SECURITIES	$3,332,089	2021-07-22
2	PUBLICLY TRADED SECURITIES	$404,641	2021-08-27

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

Field	Value	IRS element (for citing)
Category Or Item	RUBICON MORTGAGE FUND LLC	CategoryOrItemTxt
Listed At Cost Or FMV	AT COST	ListedAtCostOrFMVCd
Book Value	$3,500,100	BookValueAmt
EOYFMV	$3,502,589	EOYFMVAmt

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

Field	Value	IRS element (for citing)
Desc	DIFF IN FMV AND COST OF SECURITIES RECEIVED	Desc
Amt	$1,165,889	Amt

Comments