BETA

HARBOURTON FOUNDATION: Form 990PF, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
HARBOURTON FOUNDATION (EIN 22-2436112)
Tax period
2020-01-01 to 2020-12-31
Filed
2021-11-15
IRS object ID
202103199349104285
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)
Return2021-11-15T12:14:20-06:00ReturnTs
Tax Period End2020-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN222951202PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1MSPC CPAS & ADVISORS PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1340 NORTH AVENUE EASTAddressLine1Txt
CityCRANFORDCityNm
State AbbreviationNJStateAbbreviationCd
ZIP070162496ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2020-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN222436112EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1HARBOURTON FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlHARBBusinessNameControlTxt
Phone7755052222PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line15250 S VIRGINIA ST NO 350AddressLine1Txt
CityRENOCityNm
State AbbreviationNVStateAbbreviationCd
ZIP89502ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonSTEVEN SMOTRICHPersonNm
Person TitleASST. TREASURERPersonTitleTxt
Phone8318242222PhoneNum
Signature2021-11-15SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstSTEVENPersonFirstNm
Person LastSMOTRICHPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonRONALD J RUGGERIPreparerPersonNm
PTINP00450445PTIN
Phone9082727000PhoneNum
Preparation2021-11-15PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer3TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
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$29,218,918FMVAssetsEOYAmt
Method Of Accounting OtherYes (X)MethodOfAccountingOtherInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$862,269ContriRcvdRevAndExpnssAmt
Dividends Rev And Expnss$57,542DividendsRevAndExpnssAmt
Dividends Net Invst Incm$57,542DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$3,478,662NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$2,201,529GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$3,815,707CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss$1,552,237OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm$1,552,237OtherIncomeNetInvstIncmAmt
Total Rev And Expnss$5,950,710TotalRevAndExpnssAmt
Total Net Invst Incm$5,425,486TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$123,444CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm$6,172CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl$117,272CompOfcrDirTrstDsbrsChrtblAmt
Legal Fees Rev And Expnss$6,425LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm$0LegalFeesNetInvstIncmAmt
Legal Fees Dsbrs Chrtbl$6,425LegalFeesDsbrsChrtblAmt
Accounting Fees Rev And Expnss$12,500AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$0AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps$12,500AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss$116,777OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$0OtherProfFeesNetInvstIncmAmt
Other Prof Fees Dsbrs Chrtbl$116,777OtherProfFeesDsbrsChrtblAmt
Interest Rev And Expnss$10,135InterestRevAndExpnssAmt
Interest Net Invst Incm$10,135InterestNetInvstIncmAmt
Interest Dsbrs Chrtbl$0InterestDsbrsChrtblAmt
Taxes Rev And Expnss$22,313TaxesRevAndExpnssAmt
Taxes Net Invst Incm$0TaxesNetInvstIncmAmt
Taxes Dsbrs Chrtbl$0TaxesDsbrsChrtblAmt
Occupancy Rev And Expnss$70,023OccupancyRevAndExpnssAmt
Occupancy Net Invst Incm$3,501OccupancyNetInvstIncmAmt
Occupancy Dsbrs Chrtbl$66,522OccupancyDsbrsChrtblAmt
Trav Conf Meeting Rev And Expnss$88TravConfMeetingRevAndExpnssAmt
Trav Conf Meeting Net Invst Incm$0TravConfMeetingNetInvstIncmAmt
Trav Conf Meeting Dsbrs Chrtbl$88TravConfMeetingDsbrsChrtblAmt
Other Expenses Rev And Expnss$153,537OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$7,676OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl$145,861OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$515,242TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$27,484TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$465,445TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$29,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$29,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$544,242TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$27,484TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$494,445TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$5,406,468ExcessRevenueOverExpensesAmt
Net Investment Income$5,398,002NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$2,038,840CashBOYAmt
Cash EOY$1,974,143CashEOYAmt
Cash EOYFMV$1,974,143CashEOYFMVAmt
Land Bldg Investments BOY$1,640,000LandBldgInvestmentsBOYAmt
Other Investments BOY$18,343,460OtherInvestmentsBOYAmt
Other Investments EOY$19,607,260OtherInvestmentsEOYAmt
Other Investments EOYFMV$19,607,260OtherInvestmentsEOYFMVAmt
Other Assets BOY$4,153,639OtherAssetsBOYAmt
Other Assets EOY$7,637,515OtherAssetsEOYAmt
Other Assets EOYFMV$7,637,515OtherAssetsEOYFMVAmt
Total Assets BOY$26,175,939TotalAssetsBOYAmt
Total Assets EOY$29,218,918TotalAssetsEOYAmt
Total Assets EOYFMV$29,218,918TotalAssetsEOYFMVAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Capital Stock BOY$1,042,500CapitalStockBOYAmt
Capital Stock EOY$1,042,500CapitalStockEOYAmt
Additional Paid In Capital BOY$0AdditionalPaidInCapitalBOYAmt
Additional Paid In Capital EOY$0AdditionalPaidInCapitalEOYAmt
Retained Earning BOY$25,133,439RetainedEarningBOYAmt
Retained Earning EOY$28,176,418RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$26,175,939TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$29,218,918TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$26,175,939TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$29,218,918TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$26,175,939TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$5,406,468ExcessRevenueOverExpensesAmt
Other Increases$0OtherIncreasesAmt
Subtotal$31,582,407SubtotalAmt
Other Decreases$2,363,489OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$29,218,918TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (12 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmt
OAKTREE ENHANCED INCOME FUND DISTIRBUTION IN EXCESS OF BASISP$263,691$263,691
HEALTHCARE ROYALTY PARTNERSP$440$440
HEALTHCARE ROYALTY PARTNERSP$440$440
KELP CAPITAL INVESTORSP$72$72
NAPLES INVESTMENTS LLCP-$849-$849
HOPEWELL LAND BLOCK 29 LOT 9D$1,125,237$1,125,237$1,387,402$262,165
12926 ADPT BIOTECHNOLOGIES SHARESD$312,463$312,463$415,871$103,408
SCHONFELD STRATEGIC PARTNERS LIQUADATIONP$984,182$984,182
14837 UBER SHARESD$398,256$398,256$398,256
KELP MAVRIK LIQUIDATIONP$124,667$124,667
CHALKSTREAM LIQUADATIONP$607,106$607,106
CAPITAL GAINS- KELPP$2$2
FieldValueIRS element (for citing)
Capital Gain Net Income$3,815,707CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$75,032InvestmentIncomeExciseTaxAmt
Tax Under Section511$0TaxUnderSection511Amt
Subtotal$75,032SubtotalAmt
Subtitle A Tax$0SubtitleATaxAmt
Tax Based On Investment Income$75,032TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$60,623EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce$0ExemptFrgnOrgTaxWthldAtSrceAmt
Extsn Request Income Tax Paid$0ExtsnRequestIncomeTaxPaidAmt
Backup Withholding Withheld$0BackupWithholdingWithheldAmt
Total Payments And Credits$60,623TotalPaymentsAndCreditsAmt
Es Penalty$0EsPenaltyAmt
Tax Due$14,409TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political Acty0LegislativePoliticalActyInd
More Than100 Spent0MoreThan100SpentInd
Form1120 POL Filed0Form1120POLFiledInd
Section4955 Organization Tax$0Section4955OrganizationTaxAmt
Section4955 Managers Tax$0Section4955ManagersTaxAmt
Tax Reimbursed$0TaxReimbursedAmt
Activities Not Previously Rpt0ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws0ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc0OrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (1)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (1)AtLeast5000InAssetsInd
Org Report Or Register StateNJOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (1)Form990PFFiledWithAttyGenInd
Private Operating Foundation0PrivateOperatingFoundationInd
New Substantial Contributors0NewSubstantialContributorsInd
Own Controlled Entity0OwnControlledEntityInd
Donor Advised Fund0DonorAdvisedFundInd
Comply With Public Insp RqrYes (1)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1JAMES S REGAN IIIBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone7755052222PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line15250 S VIRGINIA ST SUITE 350AddressLine1Txt
CityRENOCityNm
State AbbreviationNVStateAbbreviationCd
ZIP89502ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts Question0ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified Prsn0SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn0BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn0FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn0PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn0TransferAstDisqualifiedPrsnInd
Payment To Government Official0PaymentToGovernmentOfficialInd
Uncorrected Prior Acts0UncorrectedPriorActsInd
Undistributed Income PY0UndistributedIncomePYInd
Business HoldingsYes (1)BusinessHoldingsInd
Excess Business Holdings0ExcessBusinessHoldingsInd
Jeopardy Investments0JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst0UncorrectedPYJeopardyInvstInd
Influence Legislation0InfluenceLegislationInd
Influence Election0InfluenceElectionInd
Grants To Individuals0GrantsToIndividualsInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Noncharitable Purpose0NoncharitablePurposeInd
Transactions Fail To Qlfy As ExcYes (1)TransactionsFailToQlfyAsExcInd
Maintained Expenditure RspnsYes (1)MaintainedExpenditureRspnsInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (6 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
JAMES S REGAN
5250 S VIRGINIA STRENONV89502VICE PRESIDENT3.00$0$0$0
AMY H REGAN
5250 S VIRGINIA STRENONV89502PRESIDENT & ASST.SECRETARY3.00$0$0$0
STEVEN B SMOTRICH
5250 S VIRGINIA STRENONV89502ASSISTANT TREASURER1.00$0$0$0
JAMES S REGAN III
5250 S VIRGINIA STRENONV89502VP & TREASURER3.00$0$0$0
CATHERINE H REGAN LAWLISS
5250 S VIRGINIA STRENONV89502VP & SECRETARY30.00$123,444$0$0
PATRICK H REGAN
5250 S VIRGINIA STRENONV89502VICE PRESIDENT40.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k0OtherEmployeePaidOver50kCnt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt
Contractor Paid Over50k0ContractorPaidOver50kCnt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$6,980,065AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$28,001,076FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$34,981,141TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$34,981,141AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$524,717CashDeemedCharitableAmt
Net Vl Noncharitable Assets$34,456,424NetVlNoncharitableAssetsAmt
Minimum Investment Return$1,722,821MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$1,722,821MinimumInvestmentReturnAmt
Tax Based On Investment Income$75,032TaxBasedOnInvestmentIncomeAmt
Total Tax$75,032TotalTaxAmt
Distributable Before Adj$1,647,789DistributableBeforeAdjAmt
Recoveries Qualfied Distri$0RecoveriesQualfiedDistriAmt
Distributable Before Ded$1,647,789DistributableBeforeDedAmt
Deduction From Distributable$0DeductionFromDistributableAmt
Distributable As Adjusted$1,647,789DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$494,445ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Qualifying Distributions$494,445QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$0PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$494,445AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$1,647,789DistributableAsAdjustedAmt
Undistributed Income PY$0UndistributedIncomePYAmt
Total For Prior Years$0TotalForPriorYearsAmt
Excess Distribution Cyov Yr2$797,729ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$2,083,469ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$2,881,198TotalExcessDistributionCyovAmt
Qualifying Distributions$494,445QualifyingDistributionsAmt
Applied To Year1$0AppliedToYear1Amt
Applied To Prior Years$0AppliedToPriorYearsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$494,445AppliedToCurrentYearAmt
Remaining Distri From Corpus$0RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus$1,153,344ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$1,153,344ExcessDistributionCyovAppCYAmt
Total Corpus$1,727,854TotalCorpusAmt
Prior Year Undistributed Incm$0PriorYearUndistributedIncmAmt
Prior Year Deficiency Or Tax$0PriorYearDeficiencyOrTaxAmt
Taxable1$0Taxable1Amt
Taxable2$0Taxable2Amt
Undistributed Income CY$0UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3$862,269CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov From Yr5$0ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$865,585ExcessDistriCyovToNextYrAmt
Excess From Year1$865,585ExcessFromYear1Amt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerJAMES S REGANContributingManagerNm
Contributing ManagerAMY H REGANContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (2 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
LIFE LAB SCIENCE PROGRAM DBA FOOD WHAT
1156 HIGH STREETSANTA CRUZCA95064501(C)(3)TO SUPPORT ORGANIZATION'S MISSIONFOOD, WHAT?!" IS A YOUTH EMPOWERMENT AND FOOD JUSTICE ORGANIZATION. AT FOODWHAT, YOUTH ENGAGE IN RELATIONSHIPS WITH LAND, FOOD AND EACH OTHER IN WAYS THAT ARE GROUNDED IN LOVE AND ROOTED IN JUSTICE. WE PROVIDE MEANINGFUL SPACE WHERE YOUTH DEFINE AND CULTIVATE THEIR EMPOWERMENT, LIBERATION, AND WELLBEING.$5,000
WAVES OF LOVE INC
4624 GLENBROOKE DRIVESARASOTAFL34243501(C)(3)TO SUPPORT ORGANIZATION'S MISSIONAT WAVES OF LOVE WE AIM TO REBUILD HOPE AND DIGNITY WHERE IT IS LOST. WE SERVE RURAL COMMUNITIES OF NICARAGUA WHERE THE MAJORITY ARE LIVING IN EXTREME POVERTY. OUR CURRENT PROGRAMS: MONTHLY FAMILY FOOD PACKETS, CHURCH FEEDING PROGRAMS, SCHOOL LUNCHES$24,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$29,000TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut$0TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$57,542ExclusionAmt

Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$1,552,237ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$3,478,662ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Unrelated Business Taxbl Incm$0UnrelatedBusinessTaxblIncmAmt
Exclusion$5,088,441ExclusionAmt
Related Or Exempt Function Incm$0RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$5,088,441TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

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

Schedule B IRS990ScheduleB

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

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum
Contributor PersonJAMES AND AMY REGANContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1141 E MEADOW DR 1000 PH-H WESTAddressLine1Txt
CityVAILCityNm
State AbbreviationCOStateAbbreviationCd
ZIP81657ZIPCd
FieldValueIRS element (for citing)
Total Contributions$862,269TotalContributionsAmt
Noncash ContributionYes (X)NoncashContributionInd

Non Cash Property Contribution NonCashPropertyContributionGrp (2 entries)

ContributorContributorNumNoncash PropertyNoncashPropertyDescFair Market ValueFairMarketValueAmtReceivedReceivedDt
114837 SHS UBER TECHNOLOGIES INC$421,8162020-03-10
112926 SHS ADAPTIVE BIOTECHNOLOGIES$440,4532020-02-21

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryACCOUNTING FEESCategoryTxt
Amt$12,500Amt
Net Investment Income$0NetInvestmentIncomeAmt
Disbursements Charitable Prps$12,500DisbursementsCharitablePrpsAmt

Expenditure Responsibility Stmt ExpenditureResponsibilityStmt

Expenditure Responsibility ExpenditureResponsibilityGrp

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1PIPER SUTTON FOUNDATION INCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line15250 S VIRGINIA ST SUITE 350AddressLine1Txt
CityRENOCityNm
State AbbreviationNVStateAbbreviationCd
ZIP89502ZIPCd
FieldValueIRS element (for citing)
Grant2019-04-29GrantDt
Grant$500,000GrantAmt
Purpose Of GrantPURSUANT TO A GRANT AGREEMENT BETWEEN HARBOURTON FOUNDATION AND PIPER SUTTON DATED APRIL 29, 2019, PIPER SUTTON IS REQUIRED TO USE THE GRANT FUNDS TO FURTHER ITS EXEMPT PURPOSE OF MAKING GRANTS TO OTHER CODE SECTION 501(C)(3) ORGANIZATIONS FOR RELIGIOUS, CHARITABLE, SCIENTIFIC, LITERARY, AND EDUCATIONAL PURPOSES.PurposeOfGrantTxt
Expended By Grantee$500,000ExpendedByGranteeAmt
Any Diversion By GranteeTO THE FDN'S KNOWLEDGE, PIPER SUTTON HAS NOT DIVERTED ANY PORTION OF FUNDSAnyDiversionByGranteeTxt
Dates Of Reports By GranteePIPER SUTTON'S ANNUAL REPORTS WERE DATED APRIL 30, 2019 AND MARCH 15, 2020.DatesOfReportsByGranteeTxt
Results Of VerificationHARBOURTON FOUNDATION HAS NOT CONDUCTED ANY INDEPENDENT VERIFICATION OF PIPER SUTTON'S REPORT BECAUSE IT HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF PIPER SUTTON'S REPORT.ResultsOfVerificationTxt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (14 entries)

Category Or ItemCategoryOrItemTxtListed At Cost Or FMVListedAtCostOrFMVCdBook ValueBookValueAmtEOYFMVEOYFMVAmt
COLLAB GROWTH-RF I, LLCFMV$1,054,919$1,054,919
GLOBAL ATLANTIC FINANCIAL GROUP ORDINARY SHARESFMV$1,780,133$1,780,133
HEALTHCARE ROYALTY PARTNERS III,L.P.FMV$466,754$466,754
MILLENNIUM INTERNATIONAL LTD. - CLASS EEFMV$7,681,151$7,681,151
OAKTREE ENHANCED INCOME FUND (CAYMAN), L.P.FMV$53,614$53,614
ORIGAMI OPPORTUNITIES FUND III OFFSHORE, L.P.FMV$1,060,526$1,060,526
ORIGAMI SECONDARY FUND II LPFMV$207,611$207,611
PANTHERYX INCFMV$2,301,869$2,301,869
TPG-AXON PARTNERS (OFFSHORE) LTD.FMV$226,514$226,514
EIGHT POINT FOUR LTDFMV$4,484,542$4,484,542
SHOONYA DIGITAL SERIES SEED PFDFMV$50,000$50,000
SHOONYA DIGITAL SERIES SEED 2 PFDFMV$50,000$50,000
SHOONYA DIGITAL SERIES SEED PFD- WTSFMV$1$1
WEST STREET STRATEGIC SOLUTIONS OFFSHORE FEEDER FUND IFMV$189,626$189,626

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

FieldValueIRS element (for citing)
CategoryLEGAL FEESCategoryTxt
Legal Fees$6,425LegalFeesAmt
Net Investment Income$0NetInvestmentIncomeAmt
Disbursements Charitable Prps$6,425DisbursementsCharitablePrpsAmt

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp (2 entries)

DescDescBOY Book ValueBOYBookValueAmtEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
OTHER ASSETS$3,582$3,982$3,982
FUND REDEMPTION RECEIVABLE$4,150,057$7,633,533$7,633,533

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

FieldValueIRS element (for citing)
DescUNREALIZED INCOME (LOSS) ON INVESTMENTSDesc
Amt$2,363,489Amt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (7 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
INSURANCE EXPENSE$758$38$720
COMMUNICATION EXPENSE$3,162$158$3,004
MEMBERSHIPS & DUES$3,860$193$3,667
SUBSRIPTIONS$12,709$635$12,074
OFFICE EXPENSES$3,159$158$3,001
INVESTMENT EXPENSES FROM PASS THRU'S$45,765$2,288$43,477
OTHER EXPENSE$84,124$4,206$79,918

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (7 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmt
ROYALTY INCOME FROM INVESTMENT PARTNERSHIPS$27,029$27,029$27,029
PFIC INCOME- ORIGAMI III$34,476$34,476$34,476
OTHER PORTFOLIO INCOME INVESTMENT PARTNERSHIPS$6,036$6,036$6,036
OTHER INVESTMENT INCOME FROM KELP CAPITAL INVESTORS$288,054$288,054$288,054
PFIC INCOME- MILLENNIUM INTERNATIONAL LTD$776,653$776,653$776,653
PFIC INCOME- EIGHT POINT FOUR LTD$415,916$415,916$415,916
OTHER INVESTMENT INCOME NAPLES INVESTMENT$4,073$4,073$4,073

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryCONSULTING FEESCategoryTxt
Amt$116,777Amt
Net Investment Income$0NetInvestmentIncomeAmt
Disbursements Charitable Prps$116,777DisbursementsCharitablePrpsAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryEXCISE TAX & REAL ESTATE TAXCategoryTxt
Amt$22,313Amt
Net Investment Income$0NetInvestmentIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

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