2021-11-14T20:03:31-06:00 2020-12-31 FOUNDATION SOURCE ONE HOLLOW LN STE 212 LAKE SUCCESS NY 11042 990PF 2020-01-01 200857287 The Florence Forgotson Charitable Foundation Inc % Foundation Source FLOR 8008391754 Foundation Source 501 Silverside Rd Wilmington DE 198091377 CAROL A HINZ PRESIDENT 8008391754 2021-11-11 true CAROL A HINZ 999009999 Jeffrey D Haskell P01345770 8008391754 2020 2022-09-23 18:48:47Z X 3854207 X 973 X 2363 2363 210468 210435 -64705 6380112 0 149099 212798 132240 62240 70000 12854 6130 6724 1209 1143 3870 28 27258 199 27058 177431 69740 103782 70250 70250 247681 69740 174032 -98582 143058 1440577 272717 272717 2575808 3623430 3581490 13605 13605 4029990 3909752 3854207 21656 21656 0 X 4008334 3909752 4008334 3909752 4029990 3909752 4008334 -98582 3909752 3909752 Publicly-traded Securities 6374920 6439625 -64705 -64705 ALLOCATED TO UBTI - ACQUISITION INDEBTED 5192 5192 5192 -59513 1989 1989 1989 3500 0 3500 X 1511 1511 false false false false false false false true true DE NJ true false false false false true Foundation Source 8008391754 501 Silverside Road Suite 123 Wilmington DE 198091377 false false false false true false false false false false false false false false false false false false false false false false Lynn Cole Foundation Source 501 Silverside Rd Wilmington DE 198091377 Dir, VP 25.0 62240 0 0 Carol Ann Hinz Foundation Source 501 Silverside Rd Wilmington DE 198091377 Dir, Pres, Sec 25.0 70000 0 0 3411575 160135 0 3571710 11055 3560655 53410 3507245 175362 175362 1989 1989 173373 173373 173373 174032 0 0 0 0 174032 0 174032 173373 159741 2018 2017 2016 174032 159741 14291 0 0 159082 0 0 NONE NONE X 180 TURNING LIVES AROUND INC 1 BETHANY RD BLDG 3 STE 42 HAZLET NJ 07730 N/A PC General & Unrestricted 1000 AMERICAN RED CROSS - JERSEY COAST CHAPTER 1540 W PARK AVE TINTON FALLS NJ 07724 N/A PC General & Unrestricted 2500 CLARK SUMMIT UNIVERSITY 538 VENARD RD SOUTH ABINGTON TOWNSHI PA 18411 N/A PC General & Unrestricted 5000 EASTERN MONMOUTH AREA CHAMBER OF COMMERCE EDUCATIO 8 RECKLESS PL NO 1 RED BANK NJ 07701 N/A PC General & Unrestricted 10000 FAITH KITCHEN 123 E BLACKWELL ST DOVER NJ 07801 N/A PC General & Unrestricted 3000 FEEDING AMERICA 161 N CLARK ST STE 700 CHICAGO IL 60601 N/A PC General & Unrestricted 1250 FELLOWSHIP OF CHRISTIAN ATHLETES 8701 LEEDS RD KANSAS CITY MO 64129 N/A PC General & Unrestricted 5000 FOODBANK OF MONMOUTH AND OCEAN COUNTIES INC 3300 RTE 66 NEPTUNE NJ 07753 N/A PC General & Unrestricted 1250 HOMES FOR OUR TROOPS INC 6 MAIN ST TAUNTON MA 02780 N/A PC General & Unrestricted 5000 LIGHTHOUSE PREGNANCY RESOURCE CENTER INC 2025 HAMBURG TPKE STE L WAYNE NJ 07470 N/A PC General & Unrestricted 5000 LIQUID CHURCH 299 WEBRO RD PARSIPPANY NJ 07054 N/A PC Charitable Event 5000 LUNCH BREAK PO BOX 2215 RED BANK NJ 07701 N/A PC General & Unrestricted 1000 MAKE A WISH FOUNDATION OF NEW JERSEY 1347 PERRINEVILLE RD MONROE TOWNSHIP NJ 08831 N/A PC General & Unrestricted 10500 MARKET STREET MISSION INC 9 MARKET ST MORRISTOWN NJ 07960 N/A PC General & Unrestricted 3000 RED BANK CHARTER SCHOOL FOUNDATION INC 68 WHITE ST RED BANK NJ 07701 N/A PC gymnasium fund 10000 SMILE TRAIN INC PO BOX 96231 WASHINGTON DC 20090 N/A PC General & Unrestricted 1250 ST JUDE CHILDRENS RESEARCH HOSPITAL INC 501 ST JUDE PL MEMPHIS TN 38105 N/A PC General & Unrestricted 500 70250 14 2363 901101 33 14 210435 901101 -5192 18 -59513 -5159 153285 148126 false false false false false false false false false false Part I Line 6a PART I LINE 6A RECONCILIATION OF NET GAIN/(LOSS) FROM SALES OF ASSETS NOT INCLUDED IN PART IV TOTAL INCLUDED IN PART IV: (DETAILS BELOW) NET GAIN/(LOSS): $(59,513) ALLOCATED TO UBTI - ACQUISITION INDEBTEDNESS NET GAIN/(LOSS): $(5,192) TOTAL PART I, LINE 6A: $(64,705) DETAILS OF ASSETS INCLUDED IN PART IV: PUBLICLY-TRADED SECURITIES GROSS SALES PRICE: $6,374,920 BOOK BASIS: $6,439,625 NET GAIN/(LOSS): $(64,705) ALLOCATED TO UBTI - ACQUISITION INDEBTEDNESS NET GAIN/(LOSS): $5,192 SEA CONTAINERS LTD - 3.500% - 13605 AAPL CALL-$120.00-1/15/21 1012 2638 AGNC INV CORP 6.125% PFD 62500 59725 AMAZONAS FLORESTAL 845 120 AMD CALL-$97.50-1/15/21 3254 992 ATLANTIC UN BANKSHARES 6.875% 50000 55400 BARCLAYS SXSE SPX 3/19/2025 160000 157920 BOFA FINANCE LLC TA-CYN IWM XL 50000 49150 BOFA FINANCE LLC TA-CYN RTY SP 100000 98100 CALL AZN- $60.00-1/15/21 1331 30 CITIGROUP GLOBAL CYN QQQ 12/14 50000 49700 CITIGROUP GLOBAL CYN SPX 50000 48800 CITIGROUP GLOBAL MARKETS TA-CY 250000 254750 CITIGROUP GLOBAL RTY UKX 125000 120250 DIA CALL-$300.00-12/31/20 1001 1158 DIS CALL-$175.00-1/15/21 1792 2498 DKNG CALL-$60.00-2/19/21 1412 413 FB CALL-$295.00-1/15/21 2944 490 GOLDMAN SACHS SXSE RTY 200000 201800 GRAYSCALE BITCOIN TR BTC SHS A 32463 131200 GS FIN CORP RTY 02/20/2030 300000 277200 GS FINANCE CORP L/O TA-CYN NDX 200000 204600 GS FINANCE CORP NDX RTY 12/19/ 125000 124250 HEMP 72229 840 KALYTERA THERAPEUTICS 995 10 KLEANGAS ENERGY TECHNOLOGIES 105 50 KNOW LABS INC COM 1845 2290 MEDICAL MARIJUANA 2628 448 MFA FINANCIAL INC 6.500 PREF 62500 52300 MORGAN STANLEY FINANCE RTY SX5 300000 283049 MORGAN STANLEY TA-CYN INDU NDX 50000 49975 MORGAN STANLEY TA-CYN MID NDX 100000 99650 MORGAN STANLEY FIN L/O TA-CYN 400000 376199 MSFT CALL-$220.00-1/15/21 2136 2291 NEW RESIDENTIAL INVT - 6.375 P 250000 212300 PENN CALL-$80.00-12/31/20 593 1274 PYPL CALL-$210.00-1/15/21 2360 10048 QCOM CALL-$150.00-1/15/21 1622 1626 REGEN BIOPHARMA 2615 75 RIVERNORTH DOUBLELINE STRAT OP 125000 124900 SECURE TECHNOLOGIES GROUP SHARESPOST 100 FUND CLASS A 102758 144873 SPY CALL-$372.50-1/8/21 1229 1415 UBS AG TA-CYN NDX RTY 12/21/23 50000 49200 UBS AG TA-CYN QQQ 12/29/23 200000 197800 UNITED STATES CELLULAR CORP 62500 63025 US CELLULAR CORP 6.250% PFD DU 62500 66375 WMT CALL-$150.00-1/15/21 1261 293 Administrative Fees 27000 27000 BANK CHARGES 200 199 State or Local Filing Fees 58 58 990-PF Estimated Tax for 2020 3500 990-PF Extension for 2019 340 FOREIGN TAX 30 28