BETA

TIPPING POINT PRIVATE FOUNDATION: Form 990PF, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
TIPPING POINT PRIVATE FOUNDATION (EIN 82-1316271)
Tax period
2020-01-01 to 2020-12-31
Filed
2021-06-02
IRS object ID
202101539349100900
Schema version
2020v4.1
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)
Return2021-06-02T10:46:26-05:00ReturnTs
Tax Period End2020-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1FOUNDATION SOURCEBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1ONE HOLLOW LN STE 212AddressLine1Txt
CityLAKE SUCCESSCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11042ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2020-01-01TaxPeriodBeginDt

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
Signature2021-05-13SignatureDt
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)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$866,644FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$298,000ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$413InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$413InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$14,448DividendsRevAndExpnssAmt
Dividends Net Invst Incm$14,448DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$1,399NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$521,016GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$1,399CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$314,260TotalRevAndExpnssAmt
Total Net Invst Incm$16,260TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$0CompOfcrDirTrstRevAndExpnssAmt
Oth Empl Slrs Wgs Rev And Expnss$47,114OthEmplSlrsWgsRevAndExpnssAmt
Oth Empl Slrs Wgs Dsbrs Chrtbl$47,114OthEmplSlrsWgsDsbrsChrtblAmt
Pension Empl Bnft Rev And Expnss$4,116PensionEmplBnftRevAndExpnssAmt
Pension Empl Bnft Dsbrs Chrtbl$4,116PensionEmplBnftDsbrsChrtblAmt
Other Prof Fees Rev And Expnss$12,651OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$10,891OtherProfFeesNetInvstIncmAmt
Other Prof Fees Dsbrs Chrtbl$1,760OtherProfFeesDsbrsChrtblAmt
Taxes Rev And Expnss$148TaxesRevAndExpnssAmt
Trav Conf Meeting Rev And Expnss$793TravConfMeetingRevAndExpnssAmt
Trav Conf Meeting Dsbrs Chrtbl$793TravConfMeetingDsbrsChrtblAmt
Printing And Pub Rev And Expnss$422PrintingAndPubRevAndExpnssAmt
Printing And Pub Dsbrs Chrtbl$422PrintingAndPubDsbrsChrtblAmt
Other Expenses Rev And Expnss$17,159OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$45OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl$17,114OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$82,403TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$10,936TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$71,319TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$373,112ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$373,112ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$455,515TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$10,936TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$444,431TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$141,255ExcessRevenueOverExpensesAmt
Net Investment Income$5,324NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$38,143SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$24,354SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$24,354SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$880,611CorporateStockBOYAmt
Corporate Stock EOY$753,145CorporateStockEOYAmt
Corporate Stock EOYFMV$842,290CorporateStockEOYFMVAmt
Total Assets BOY$918,754TotalAssetsBOYAmt
Total Assets EOY$777,499TotalAssetsEOYAmt
Total Assets EOYFMV$866,644TotalAssetsEOYFMVAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$918,754RetainedEarningBOYAmt
Retained Earning EOY$777,499RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$918,754TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$777,499TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$918,754TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$777,499TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$918,754TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$141,255ExcessRevenueOverExpensesAmt
Subtotal$777,499SubtotalAmt
Tot Net Ast Or Fund Balances EOY$777,499TotNetAstOrFundBalancesEOYAmt

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$521,016GrossSalesPriceAmt
Cost Or Other Basis$519,617CostOrOtherBasisAmt
Gain Or Loss$1,399GainOrLossAmt
Gains Minus Excess Or Losses$1,399GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income$1,399CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$74InvestmentIncomeExciseTaxAmt
Subtotal$74SubtotalAmt
Tax Based On Investment Income$74TaxBasedOnInvestmentIncomeAmt
Exempt Frgn Org Tax Wthld At Srce$0ExemptFrgnOrgTaxWthldAtSrceAmt
Extsn Request Income Tax Paid$74ExtsnRequestIncomeTaxPaidAmt
Total Payments And Credits$74TotalPaymentsAndCreditsAmt

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
Website AddressN/AWebsiteAddressTxt

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 PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
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
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$753,203AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$109,456AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$862,659TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$862,659AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$12,940CashDeemedCharitableAmt
Net Vl Noncharitable Assets$849,719NetVlNoncharitableAssetsAmt
Minimum Investment Return$42,486MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$42,486MinimumInvestmentReturnAmt
Tax Based On Investment Income$74TaxBasedOnInvestmentIncomeAmt
Total Tax$74TotalTaxAmt
Distributable Before Adj$42,412DistributableBeforeAdjAmt
Distributable Before Ded$42,412DistributableBeforeDedAmt
Distributable As Adjusted$42,412DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$444,431ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Charitable Assets Acquis Paid$0CharitableAssetsAcquisPaidAmt
Set Aside Suitability Test$0SetAsideSuitabilityTestAmt
Set Aside Cash Distri Test$0SetAsideCashDistriTestAmt
Qualifying Distributions$444,431QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$0PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$444,431AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$42,412DistributableAsAdjustedAmt
Prior Year12018PriorYear1Yr
Prior Year22017PriorYear2Yr
Prior Year32016PriorYear3Yr
Excess Distribution Cyov Yr3$19,935ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$66,602ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$166,389ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$252,926TotalExcessDistributionCyovAmt
Qualifying Distributions$444,431QualifyingDistributionsAmt
Applied To Current Year$42,412AppliedToCurrentYearAmt
Remaining Distri From Corpus$402,019RemainingDistriFromCorpusAmt
Total Corpus$654,945TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$654,945ExcessDistriCyovToNextYrAmt
Excess From Year3$19,935ExcessFromYear3Amt
Excess From Year2$66,602ExcessFromYear2Amt
Excess From Year1$166,389ExcessFromYear1Amt
Excess From Current Year$402,019ExcessFromCurrentYearAmt
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 (8 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
GREENHILL HUMANE SOCIETY
88530 GREEN HILL RDEUGENEOR97402N/APCTo support the Cat Featured Room and to purchase an x-ray machine$30,000
HUMANE AMERICA ANIMAL FOUNDATION
310 N INDIAN HILL BLVD 800CLAREMONTCA91711N/APCto support annual administrative costs of the Farm Animal Funders$2,500
NEW HARVEST INC
19 MORRIS AVE BLDG 128BROOKLYNNY11205N/APCadvancing serum-free growth media for fish cell cultures at University of Calgary$59,612
NEW HARVEST INC
19 MORRIS AVE BLDG 128BROOKLYNNY11205N/APCto support creating a committee of cultivated meat producers who will anticipate and address industry regulation issues$30,000
POLLINATION PROJECT FOUNDATION
1569 SOLANO AVE 643BERKELEYCA94707N/APCFARMED MEAT AND SEAFOOD CONSUMPTION REDUCTION Project$50,000
PROVEG INTERNATIONAL INCORPORATED
16 HARCOURT ST APT 3JBOSTONMA02116N/APCImpactor Awards Project$50,000
REDUCETARIAN FOUNDATION INC
8391 BEVERLY BLVD 314LOS ANGELESCA90048N/APCto support production of the documentary Meat Me Halfway$50,000
RETHINK CHARITY
2379 PENDLETON RDMINERALVA23117N/APCto support the creation and maintenance of a business incubator fostering alternatives to animal-based products$101,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$373,112TotalGrantOrContriPdDurYrAmt

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$413ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$14,448ExclusionAmt
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 Incm Part VIIOtherInvestmentIncmPartVIIGrp

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$1,399ExclusionAmt
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$16,260ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$16,260TotalIncomeProducingActyAmt

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$298,000TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

Depreciation Schedule DepreciationSchedule

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (25 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
AMERICAN BEACON FRONTIER MARKE$3,974$4,023
FIRST EAGLE FDS INCHIGH YIELD$9,936$10,070
GOLDMAN SACHS INTL EQUITY INSI$30,756$32,611
GUGGENHEIM TOTAL RETURN BOND F$23,766$24,070
INVESCO S&P 500 EQUAL WEIGHT E$29,568$34,436
ISHARES LEHMAN INTERMDTE CREDI$60,199$67,536
ISHARES MSCI USA QUALITY FACTO$67,999$86,460
ISHARES S&P 500 INDEX FD$76,745$90,094
ISHARES S&P U.S. PREFERRED STO$5,971$6,085
ISHARES SHORT TERM CORPORATE B$32,182$33,709
ISHARES TR LEHMAN INTER GOVT C$59,296$63,643
ISHARESLEHMAN 7-10YR$28,474$32,387
JOHCM INTL SELECT FUND CL I$16,604$20,945
METROPOLITAN WEST RETURN BOND$49,294$47,895
NEUBERGER BERMAN EMERGING MARK$26,116$33,967
PIMCO INCOME FUND$11,923$12,062
PIMCO MORTGAGE OPPORTUNITIES F$51,412$50,935
PRINCIPAL MIDCAP FUND; R6$15,662$21,729
UNDISCOVERED MANAGERS BEHAVIOR$12,769$21,249
VANGUARD FTSE DEVELOPED MARKET$12,424$15,579
VANGUARD INTERMEDIATE TERM COR$33,366$36,816
VANGUARD LONG-TERM TREASURY FU$16,994$15,835
VANGUARD SHORT TERM CORPORATE$38,249$40,043
VIRTUS SEIX FLTG RATE HIGH INC$7,949$8,018
WESTERN ASSET CORE PLUS BOND P$31,517$32,093

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, 2020, the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled $373,112. This amount represents 25% or more of the Foundation's net assets of $956,614 (as measured by fair market value) at the beginning of the Foundation's taxable year ending December 31, 2020. 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 XV, Line 3a; each such grant was made solely for the charitable purpose specified therein.ExplanationTxt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (7 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmtNet Investment IncomeNetInvestmentIncomeAmt
Administrative Fees$13,789$13,789
Bank Charges$45$45
Cell Phone Expense$1,520$1,520
Computers/Electronic Devices$1,438$1,438
Office Supplies$107$107
State or Local Filing Fees$25$25
Website Hosting/Support$235$235

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
Investment Management Services$10,891$10,891
PHILANTHROPIC CONSULTING SRVCS$1,760$1,760

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
Category990-PF Excise Tax for 2019CategoryTxt
Amt$148Amt

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