BETA

SBMT CHARITABLE TR: Form 990PF, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
SBMT CHARITABLE TR (EIN 65-6312009)
Tax period
2020-01-01 to 2020-12-31
Filed
2021-10-20
IRS object ID
202112939349100301
Schema version
2020v4.0
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 ReturnHeader

FieldValueIRS element (for citing)
Return2021-10-20T08:51:26-05:00ReturnTs
Tax Period End2020-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN273730117PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1WILLIAM WEBB & ASSOCIATES LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1404 E ATLANTIC BLVDAddressLine1Txt
CityPOMPANO BEACHCityNm
State AbbreviationFLStateAbbreviationCd
ZIP33060ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2020-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN656312009EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1SBMT CHARITABLE TRUSTBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlSBMTBusinessNameControlTxt
Phone9549415533PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12211 EAST SAMPLE ROAD 104AddressLine1Txt
CityLIGHTHOUSE POINTCityNm
State AbbreviationFLStateAbbreviationCd
ZIP33064ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDANIEL J TRUNKPersonNm
Person TitleTRUSTEE-ADVISORY BRDPersonTitleTxt
Phone9549415533PhoneNum
Signature2021-10-15SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstDANIELPersonFirstNm
Person LastTRUNKPersonLastNm
FieldValueIRS element (for citing)
SSN990009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJACK F CRISSY CPAPreparerPersonNm
PTINP00187753PTIN
Phone9547825250PhoneNum
Preparation2021-10-15PreparationDt
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$1,327,974FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$479InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$479InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$479InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss$11,070DividendsRevAndExpnssAmt
Dividends Net Invst Incm$11,070DividendsNetInvstIncmAmt
Dividends Adj Net Incm$11,070DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss$198,386NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$1,452,709GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$198,386CapGainNetIncmNetInvstIncmAmt
Net ST Capital Gain Adj Net Incm$31,567NetSTCapitalGainAdjNetIncmAmt
Other Income Rev And Expnss$65OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm$65OtherIncomeNetInvstIncmAmt
Other Income Adj Net Incm$65OtherIncomeAdjNetIncmAmt
Total Rev And Expnss$210,000TotalRevAndExpnssAmt
Total Net Invst Incm$210,000TotalNetInvstIncmAmt
Total Adj Net Incm$43,181TotalAdjNetIncmAmt
Legal Fees Rev And Expnss$3,405LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm$3,405LegalFeesNetInvstIncmAmt
Legal Fees Dsbrs Chrtbl$3,405LegalFeesDsbrsChrtblAmt
Taxes Rev And Expnss$56TaxesRevAndExpnssAmt
Taxes Net Invst Incm$56TaxesNetInvstIncmAmt
Taxes Dsbrs Chrtbl$56TaxesDsbrsChrtblAmt
Other Expenses Rev And Expnss$9,481OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$9,481OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl$9,481OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$12,942TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$12,942TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$12,942TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$70,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$70,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$82,942TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$12,942TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$82,942TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$127,058ExcessRevenueOverExpensesAmt
Net Investment Income$197,058NetInvestmentIncomeAmt
Adjusted Net Income$43,181AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$3,662CashBOYAmt
Cash EOY$2CashEOYAmt
Sav And Temp Cash Invst BOY$69,771SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$134,610SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$134,610SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$327,388CorporateStockBOYAmt
Corporate Stock EOY$571,771CorporateStockEOYAmt
Corporate Stock EOYFMV$658,213CorporateStockEOYFMVAmt
Corporate Bonds BOY$285,961CorporateBondsBOYAmt
Corporate Bonds EOY$534,848CorporateBondsEOYAmt
Corporate Bonds EOYFMV$535,151CorporateBondsEOYFMVAmt
Land BOY$427,391LandBOYAmt
Total Assets BOY$1,114,173TotalAssetsBOYAmt
Total Assets EOY$1,241,231TotalAssetsEOYAmt
Total Assets EOYFMV$1,327,974TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$1,114,173RetainedEarningBOYAmt
Retained Earning EOY$1,241,231RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$1,114,173TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$1,241,231TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$1,114,173TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$1,241,231TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$1,114,173TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$127,058ExcessRevenueOverExpensesAmt
Subtotal$1,241,231SubtotalAmt
Tot Net Ast Or Fund Balances EOY$1,241,231TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (6 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmtAcquiredAcquiredDtSoldSoldDt
SEE ATTACHED SCHEDULE - BNY MELLONP$152,751$150,366$2,385$2,385
SEE ATTACHED SCHEDULE - BNY MELLONP$575,680$479,518$96,162$96,162
SEE ATTACHED SCHEDULE - FIFTH THIRDP$17,293$16,601$692$692
SEE ATTACHED SCHEDULE - FIFTH THIRDP$134,206$105,716$28,490$28,490
SEE ATTACHED SCHEDULE - FIFTH THIRDP$124,087$74,731$49,356$49,356
PROPERTY - 175 SE 2ND AVENUEP$448,550$427,391$21,159$21,1592019-01-012020-04-10
FieldValueIRS element (for citing)
Capital Gain Net Income$198,386CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss$31,567NetShortTermCapitalGainLossAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$2,739InvestmentIncomeExciseTaxAmt
Subtotal$2,739SubtotalAmt
Tax Based On Investment Income$2,739TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$1,103EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$1,103TotalPaymentsAndCreditsAmt
Tax Due$1,636TaxDueAmt

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 EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateFLOrgReportOrRegisterStateCd
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
Individual With BooksDANIEL J TRUNKIndividualWithBooksNm
Phone9549415533PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line11420 CORMORANT ROADAddressLine1Txt
CityDELRAY BEACHCityNm
State AbbreviationFLStateAbbreviationCd
ZIP33441ZIPCd
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 (3 entries)

Address Line1USAddress/AddressLine1TxtAddress Line2USAddress/AddressLine2TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
JAMES J TRUNK
1390 S OCEAN BLVDUNIT 5-DPOMPANO BEACHFL33062TRUSTEE-ADVI1.00$0$0$0
MICHELLE T RAIA
1250 SW 21 LANEBOCA RATONFL33486TRUSTE-ADVIS1.00$0$0$0
DANIEL J TRUNK
1420 CORMORANT ROADDELRAY BEACHFL33441TRUSTEE-ADVI1.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$862,815AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$480,753AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$142,463FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$1,486,031TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$1,486,031AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$22,290CashDeemedCharitableAmt
Net Vl Noncharitable Assets$1,463,741NetVlNoncharitableAssetsAmt
Minimum Investment Return$73,187MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$73,187MinimumInvestmentReturnAmt
Tax Based On Investment Income$2,739TaxBasedOnInvestmentIncomeAmt
Total Tax$2,739TotalTaxAmt
Distributable Before Adj$70,448DistributableBeforeAdjAmt
Distributable Before Ded$70,448DistributableBeforeDedAmt
Distributable As Adjusted$70,448DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$82,942ExpensesAndContributionsAmt
Qualifying Distributions$82,942QualifyingDistributionsAmt
Adjusted Qualifying Distri$82,942AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$70,448DistributableAsAdjustedAmt
Excess Distribution Cyov Yr2$28,397ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$18,729ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$47,126TotalExcessDistributionCyovAmt
Qualifying Distributions$82,942QualifyingDistributionsAmt
Applied To Current Year$70,448AppliedToCurrentYearAmt
Remaining Distri From Corpus$12,494RemainingDistriFromCorpusAmt
Total Corpus$59,620TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$59,620ExcessDistriCyovToNextYrAmt
Excess From Year2$28,397ExcessFromYear2Amt
Excess From Year1$18,729ExcessFromYear1Amt
Excess From Current Year$12,494ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (3 entries)

Address Line1RecipientUSAddress/AddressLine1TxtAddress Line2RecipientUSAddress/AddressLine2TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
SURFAID INTERNATIONAL USA
191 CALLE MAGDALENASUITE 290ENCINITASCA92024NONETAX EXEMPTPROVIDE FINANCIAL SUPPORT$30,000
THE PIARIST SCHOOL
HIGHWAY 80BOX 870MARTINKY41649NONETAX EXEMPTPROVIDE FINANCIAL SUPPORT$20,000
BOCA HELPING HANDS
1500 NW 1ST COURTBOCA RATONFL33432NONETAX EXEMPTPROVIDE FINANCIAL SUPPORT$20,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$70,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$479ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$11,070ExclusionAmt

Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$65ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$198,386ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$210,000ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$210,000TotalIncomeProducingActyAmt

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

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp

FieldValueIRS element (for citing)
BondSEE ATTACHED SCHEDULEBondNm
EOY Book Value$534,848EOYBookValueAmt
EOYFMV$535,151EOYFMVAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockSEE ATTACHED SCHEDULEStockNm
EOY Book Value$571,771EOYBookValueAmt
EOYFMV$658,213EOYFMVAmt

Land Etc Schedule2 LandEtcSchedule2

Land Etc LandEtcGrp

FieldValueIRS element (for citing)
Category Or ItemPROPERTYCategoryOrItemTxt

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

FieldValueIRS element (for citing)
CategoryLAW OFFICES OF LARRY F. WITTE P.CategoryTxt
Legal Fees$3,405LegalFeesAmt
Net Investment Income$3,405NetInvestmentIncomeAmt
Disbursements Charitable Prps$3,405DisbursementsCharitablePrpsAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
EXPENSES
INVESTMENT MANAGEMENT FEES$5,819$5,819$5,819
BANK CHARGES$3,662$3,662$3,662

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmt
CLASS ACTION PROCEEDS$15$15$15
NON-DIVIDEND DISTRIBUTIONS$50$50$50

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryFOREIGN DIVIDEND TAXES WITHHELDCategoryTxt
Amt$56Amt
Net Investment Income$56NetInvestmentIncomeAmt
Disbursements Charitable Prps$56DisbursementsCharitablePrpsAmt

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