VORTEX FOUNDATION: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- VORTEX FOUNDATION (EIN 34-6883855)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-08-30
- IRS object ID
- 202102429349101110
- 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
- Form 990-PF
- Schedule B
- Accounting Fees Schedule
- Depreciation Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Decreases Schedule
- Other Expenses Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-08-30T11:37:41-05:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ERNST & YOUNG US LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1200 E MARKET ST STE 720 | AddressLine1Txt |
| City | AKRON | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 44305 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2020-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 346883855 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Vortex Foundation | BusinessNameLine1Txt |
| Business Name Line2 | Lawrence Foster TTEE | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % THE FOUNDATION | InCareOfNm |
| Business Name Control | VORT | BusinessNameControlTxt |
| Phone | 4198740487 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 132 West Second Street | AddressLine1Txt |
| City | Perrysburg | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 43551 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | AMY STELLE | PersonNm |
| Person Title | CFO | PersonTitleTxt |
| Phone | 4198740487 | PhoneNum |
| Signature | 2021-08-26 | SignatureDt |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | AMY | PersonFirstNm |
| Person Last | STELLE | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JASON M BELOT | PreparerPersonNm |
| PTIN | P00183464 | PTIN |
| Phone | 3302555800 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $9,954,292 | 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 | $126,545 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $16,651 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $16,651 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $158,184 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $158,184 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$8,677 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,029,009 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $292,703 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $174,835 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Accounting Fees Rev And Expnss | $3,600 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $1,800 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $1,800 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $15,644 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $15,644 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $9,386 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $5,686 | TaxesNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $318 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $318 | OtherExpensesNetInvstIncmAmt |
| Tot Opr Expenses Rev And Expnss | $28,948 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $23,448 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $1,800 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $635,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $635,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $663,948 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $23,448 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $636,800 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$371,245 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $151,387 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $59,186 | CashBOYAmt |
| Cash EOY | $63,997 | CashEOYAmt |
| Cash EOYFMV | $63,997 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $1,685,202 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $1,830,524 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $1,830,524 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $3,738,160 | CorporateStockBOYAmt |
| Corporate Stock EOY | $3,325,371 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $6,997,982 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $847,045 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $608,555 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $608,555 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $187,894 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $186,960 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $453,234 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $6,517,487 | TotalAssetsBOYAmt |
| Total Assets EOY | $6,015,407 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $9,954,292 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $6,517,487 | CapitalStockBOYAmt |
| Capital Stock EOY | $6,015,406 | CapitalStockEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $6,517,487 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $6,015,406 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $6,517,487 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $6,015,406 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $6,517,487 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$371,245 | ExcessRevenueOverExpensesAmt |
| Subtotal | $6,146,242 | SubtotalAmt |
| Other Decreases | $130,836 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $6,015,406 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (24 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|---|---|
| 999 SHS ALCOA CORP 05/19/20 | 2016-10-07 | 2020-05-19 | $7,867 | $85,265 | -$77,398 | -$77,398 | |
| 2000 SHS ALCOA CORP 09/18/20 | 2016-10-07 | 2020-09-18 | $27,427 | $170,700 | -$143,273 | -$143,273 | |
| 300 SHS AMGEN INC 08/12/20 | 1986-07-08 | 2020-08-12 | $71,233 | $172 | $71,061 | $71,061 | |
| 1000 SHS ARCONIC CORP 05/19/20 | 2016-10-07 | 2020-05-19 | $9,435 | $60,661 | -$51,226 | -$51,226 | |
| 500 SHS BOEING CO 01/21/20 | 2007-09-16 | 2020-01-21 | $156,456 | $49,425 | $107,031 | $107,031 | |
| 500 SHS DEERE & CO 08/12/20 | 2007-09-16 | 2020-08-12 | $95,548 | $34,593 | $60,955 | $60,955 | |
| 2000 SHS PFIZER INC 12/10/20 | 2020-12-10 | $83,903 | $35,981 | $47,922 | $47,922 | ||
| 500 SHS TRANSOCEAN LTD 01/21/20 | 2020-01-21 | $2,873 | $11,961 | -$9,088 | -$9,088 | ||
| 1000 SHS TRANSOCEAN LTD 01/21/20 | 2020-01-21 | $5,745 | $42,506 | -$36,761 | -$36,761 | ||
| 250000 SHS US TREASURY 09/30/20 | 2019-05-03 | 2020-09-30 | $250,000 | $246,553 | $3,447 | $3,447 | |
| 300000 SHS US TREASURY 03/10/20 | 2018-03-29 | 2020-03-10 | $300,141 | $299,859 | $282 | $282 | |
| 0.158 SHS VIATRIS INC 12/11/20 | 2008-03-25 | 2020-12-11 | $3 | $1 | $2 | $2 | |
| CAPITAL GAIN DIVIDENDS | $18,378 | P | |||||
| CAPITAL GAIN DIVIDENDS | $18,378 | P | |||||
| CAPITAL GAIN DIVIDENDS | $18,378 | P | |||||
| CAPITAL GAIN DIVIDENDS | $18,378 | P | |||||
| CAPITAL GAIN DIVIDENDS | $18,378 | P | |||||
| CAPITAL GAIN DIVIDENDS | $18,378 | P | |||||
| CAPITAL GAIN DIVIDENDS | $18,378 | P | |||||
| CAPITAL GAIN DIVIDENDS | $18,378 | P | |||||
| CAPITAL GAIN DIVIDENDS | $18,378 | P | |||||
| CAPITAL GAIN DIVIDENDS | $18,378 | P | |||||
| CAPITAL GAIN DIVIDENDS | $18,378 | P | |||||
| CAPITAL GAIN DIVIDENDS | $18,378 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$8,668 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $2,104 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $2,104 | SubtotalAmt |
| Tax Based On Investment Income | $2,104 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $830 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $6,000 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $6,830 | TotalPaymentsAndCreditsAmt |
| Overpayment | $4,726 | OverpaymentAmt |
| Applied To ES Tax | $4,726 | AppliedToESTaxAmt |
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 | OH | 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 | Yes (true) | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 4198740487 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 132 WEST SECOND STREET | AddressLine1Txt |
| City | PERRYSBURG | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 43551 | 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 |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| 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 (3 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 |
|---|---|---|---|---|---|---|---|---|
| Lawrence T Foster | ||||||||
| 132 West Second Street | Perrysburg | OH | 43551 | Trustee | 1.0 | $0 | $0 | $0 |
| Diana K Foster | ||||||||
| 132 West Second Street | Perrysburg | OH | 43551 | Trustee | 1.0 | $0 | $0 | $0 |
| Amy L Steele | ||||||||
| 132 West Second Street | Perrysburg | OH | 43551 | Manager | 1.0 | $0 | $0 | $0 |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | NONE | Description1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $9,098,112 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,920,571 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $11,018,683 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $11,018,683 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $165,280 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $10,853,403 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $542,670 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $542,670 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $2,104 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $2,104 | TotalTaxAmt |
| Distributable Before Adj | $540,566 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $540,566 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $540,566 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $636,800 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $636,800 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $636,800 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $540,566 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $173,378 | UndistributedIncomePYAmt |
| Prior Year1 | 2018 | PriorYear1Yr |
| Prior Year2 | 2017 | PriorYear2Yr |
| Prior Year3 | 2016 | PriorYear3Yr |
| Excess Distribution Cyov Yr1 | $0 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $636,800 | QualifyingDistributionsAmt |
| Applied To Year1 | $173,378 | AppliedToYear1Amt |
| Applied To Current Year | $463,422 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Undistributed Income CY | $77,144 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
| Excess From Current Year | $0 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | LAWRENCE T FOSTER | ContributingManagerNm |
| Contributing Manager | DIANA K FOSTER | ContributingManagerNm |
| Shareholder Manager | NONE | ShareholderManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (18 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| AMI Kids | |||||||
| 5915 Benjamin Center Drive | Tampa | FL | 33634 | None | PC | Direct charitable support | $10,000 |
| Beaufort Memorial Hospital Foundation | |||||||
| 990 Ribaut Road 3 | Beaufort | SC | 29902 | None | PC | Direct charitable support | $5,000 |
| Boys & Girls Club of the Low Country | |||||||
| 100 H E McCracken Circle | Bluffton | SC | 29910 | None | PC | Direct charitable support | $1,000 |
| Coastal Conservation League | |||||||
| 131 Spring Street Suite A | Charleston | SC | 29403 | None | PC | Direct charitable support | $6,000 |
| Historic Beaufort Foundation | |||||||
| PO Box 11 | Beaufort | SC | 29901 | None | PC | Direct charitable support | $5,000 |
| Historic Woodlawn Cemetery Foundation | |||||||
| 1502 W Central | Toledo | OH | 43606 | None | PC | Direct charitable support | $4,000 |
| Nemours Wildlife Foundation | |||||||
| 161 Nemours Plantation Road | Yemassee | SC | 29945 | None | PC | Direct charitable support | $15,000 |
| Sunshine Foundation | |||||||
| 7223 Maumee Western Rd | Maumee | OH | 43537 | None | PC | Direct charitable support | $15,000 |
| Toledo Children's Hospital Foundation | |||||||
| 2142 North Cove Blvd | Toledo | OH | 43606 | None | PC | Direct charitable support | $15,000 |
| YMCA Fort Meigs | |||||||
| 13415 Eckel Junction Rd | Perrysburg | OH | 43551 | None | PC | Direct charitable support | $5,000 |
| Trinity School of Ministry | |||||||
| 311 11th Street | Ambridge | PA | 15003 | None | PC | Direct charitable support | $10,000 |
| United Way of Greater Toledo | |||||||
| 424 Jackson Street | Toledo | OH | 43604 | None | PC | Direct charitable support | $8,000 |
| United Way of Lowcountry | |||||||
| 2266 Boundary St PO Box 202 | Beaufort | SC | 29901 | None | PC | Direct charitable support | $15,000 |
| USCB Chamber Music Series | |||||||
| 801 Carteret St | Beaufort | SC | 29902 | None | PC | Direct charitable support | $5,000 |
| Toledo Community Foundation | |||||||
| 300 Madison Ave Suite 1300 | Toledo | OH | 43604 | None | PC | Direct charitable support | $5,000 |
| Cherry Street Mission Ministries | |||||||
| 1501 Monroe Street | Toledo | OH | 43604 | None | PC | Direct charitable support | $6,000 |
| TOLEDO COMMUNITY FOUNDATION - WATERFALL FUND | |||||||
| 300 Madison Ave Suite 1300 | TOLEDO | OH | 43604 | NONE | PC | Direct charitable support | $500,000 |
| The Nature Conservancy | |||||||
| 4245 N Fairfax Drive Suite 100 | Arlington | VA | 22203 | NONE | PC | Direct charitable support | $5,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $635,000 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp |
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $16,651 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $158,184 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Incm Part VII | OtherInvestmentIncmPartVIIGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$8,677 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $166,158 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $166,158 | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Contributor Person | Lawrence T Foster | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 132 W Second Street Suite A | AddressLine1Txt |
| City | Perrysburg | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 43551 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $126,545 | TotalContributionsAmt |
| Noncash Contribution | Yes (X) | NoncashContributionInd |
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Noncash Property | PUBLICLY TRADED SECURITIES | NoncashPropertyDesc |
| Fair Market Value | $126,545 | FairMarketValueAmt |
| Received | 2020-07-14 | ReceivedDt |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $3,600 | Amt |
| Net Investment Income | $1,800 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $1,800 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (4 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| US TREASURY NOTES 1.75% 03/22 | $307,922 | $307,922 |
| US TREASURY NOTES 1.37% | $0 | $0 |
| US TREASURY NOTES 1.75% 11/21 | $300,633 | $300,633 |
| US TREASURY NOTES 2.25% | $0 | $0 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (51 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| ABB LTD SA | $54,700 | $83,880 |
| ABERDEEN ASIA PACIFIC | $37,039 | $35,600 |
| ABERDEEN ASIA PACIFIC | $25,610 | $22,250 |
| AES TR III 6.75 PFD | $65,400 | $141,000 |
| ALCOA INC. | $0 | $0 |
| AMGEN INC. | $847 | $390,864 |
| ARCONIC INC. | $0 | $0 |
| AT&T | $38,465 | $43,140 |
| BARRICK GOLD CORP | $45,000 | $68,340 |
| BHP BILLITON LTD. SA (ADR) | $17,216 | $65,340 |
| BOEING CO. | $345,975 | $749,210 |
| BP PLC SPONS ADR | $3,722 | $30,780 |
| BP PLC SPONS ADR | $5,058 | $20,520 |
| CISCO SYSTEMS INC. | $22,905 | $44,750 |
| COCA COLA CO. | $1,659 | $54,840 |
| COHEN & STEERS SELECT | $90,334 | $129,100 |
| COHEN & STEERS SELECT UTILITY | $30,033 | $46,476 |
| CVS CAREMARK CORP. | $12,065 | $68,300 |
| DEERE & COMPANY | $484,295 | $1,883,350 |
| EXXON MOBIL CORP. | $3,538 | $41,220 |
| EXXON MOBIL CORP. | $4,642 | $82,440 |
| FIFTH THIRD BANCORP | $256 | $55,140 |
| FRANCO-NEVADA CORP. | $99,090 | $313,325 |
| GASLOG LTD. | $43,006 | $26,040 |
| GASLOG LTD. CUM PFD 8.75% | $54,841 | $73,260 |
| GASLOG LTD. CUM PFD 8.75% | $16,535 | $24,420 |
| GLAXOSMITHKLINE | $97,505 | $92,000 |
| HOME DEPOT INC. | $20,076 | $265,620 |
| INTEL CORP. | $23,157 | $49,820 |
| JOHNSON & JOHNSON | $63,529 | $157,380 |
| KAYNE ANDERSON ENERGY | $75,760 | $17,250 |
| KINDER MORGAN INC. | $213,826 | $123,030 |
| NATIONAL OILWELL VARCO | $0 | $0 |
| NEWMONT CORPORATION | $82,388 | $149,725 |
| NOVARTIS AG | $95,673 | $188,860 |
| NUTRIEN LTD | $71,252 | $57,792 |
| PAN AMERICAN SILVER CORP. | $99,451 | $241,570 |
| PFIZER INC. | $0 | $0 |
| PROCTER & GAMBLE CO. | $41,076 | $139,140 |
| QUALCOMM INC | $29,992 | $76,170 |
| RAYONIER INC. | $88,582 | $146,900 |
| SSR MINING INC. | $18,900 | $20,110 |
| TRANSOCEAN LTD. | $0 | $0 |
| VEOLIA ENVIRONMENT | $29,346 | $36,420 |
| WEYERHAEUSER CO. | $142,069 | $217,945 |
| WPX ENERGY INC | $77,576 | $73,350 |
| WHEATON PRECIOUS METALS CORP | $166,182 | $250,440 |
| HOWMET AEROSPACE INC | $249,114 | $114,160 |
| NOV INC | $94,080 | $48,055 |
| TANGER FACTORY OUTLET INC | $28,300 | $19,920 |
| VIATRIS INC | $15,306 | $18,740 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (6 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| ARK GENOMIC REVOLUTION MULTI-S | AT COST | $13,224 | $37,304 |
| WELLTOWER INC. | AT COST | $66,574 | $193,860 |
| MATTHEWS INTL FDS ASIA PAC FND | AT COST | $25,704 | $45,260 |
| MEDICAL PROPERTIES TRUST | AT COST | $21,736 | $65,370 |
| MEDICAL PROPERTIES TRUST | AT COST | $24,723 | $43,580 |
| MATTHEWS ASIA DIVIDEND FUND | AT COST | $34,999 | $67,860 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| CONTRIBUTIONS OF APPRECIATED STOCK | $126,259 |
| TIMING DIFFERENCE | $4,577 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ADR FEES | Desc |
| Revenue And Expenses Per Books | $318 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $318 | NetInvestmentIncomeAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT MANAGEMENT FEES | CategoryTxt |
| Amt | $15,644 | Amt |
| Net Investment Income | $15,644 | NetInvestmentIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| FOREIGN TAXES PAID | $5,686 | $5,686 |
| FEDERAL INCOME TAX | $3,500 | |
| OHIO FILING FEE | $200 |
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