SONSCOPE FOUNDATION: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- SONSCOPE FOUNDATION (EIN 46-4239579)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-12-08
- IRS object ID
- 202113429349100101
- 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
- Depreciation Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Other Notes Loans Rcvbl Long Sch
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-12-08T08:46:02-06:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
| Disaster Relief | NEW YORK-HURRICANE IDA | DisasterReliefTxt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FOUNDATION SOURCE | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE HOLLOW LN STE 212 | AddressLine1Txt |
| City | LAKE SUCCESS | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11042 | 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 | 464239579 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Sonscope Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % Foundation Source | InCareOfNm |
| Business Name Control | SONS | BusinessNameControlTxt |
| Phone | 8008391754 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Foundation Source 501 Silverside Rd | AddressLine1Txt |
| City | Wilmington | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198091377 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | BEN FISCHER | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 8008391754 | PhoneNum |
| Signature | 2021-12-07 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | BEN | PersonFirstNm |
| Person Last | FISCHER | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Jeffrey D Haskell | PreparerPersonNm |
| PTIN | P01345770 | PTIN |
| Phone | 8008391754 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | TrustedCustomerGrp |
| 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 | $21,346,196 | 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 | $14,257 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $1,381 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $1,381 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $203,663 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $203,663 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $2,130,292 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $47,770,959 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $2,254,136 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $276,335 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $306,352 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $2,625,928 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $2,765,532 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Other Prof Fees Rev And Expnss | $123,081 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $123,081 | OtherProfFeesNetInvstIncmAmt |
| Interest Rev And Expnss | $4,230 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $4,230 | InterestNetInvstIncmAmt |
| Taxes Rev And Expnss | $20,200 | TaxesRevAndExpnssAmt |
| Other Expenses Rev And Expnss | $148,229 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $132,598 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $14,525 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $295,740 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $259,909 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $14,525 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $883,500 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $883,500 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,179,240 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $259,909 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $898,025 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $1,446,688 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $2,505,623 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $443,740 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $6,666,958 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $6,666,958 | SavAndTempCashInvstEOYFMVAmt |
| Other Nts And Loans Rcvbl | $10,828 | OtherNtsAndLoansRcvblAmt |
| Other Nts And Loans Rcvbl BOY | $0 | OtherNtsAndLoansRcvblBOYAmt |
| Other Nts And Loans Rcvbl EOY | $10,828 | OtherNtsAndLoansRcvblEOYAmt |
| Other Nts And Loans Rcvbl EOYFMV | $10,828 | OtherNtsAndLoansRcvblEOYFMVAmt |
| Corporate Stock BOY | $12,773,413 | CorporateStockBOYAmt |
| Corporate Stock EOY | $7,601,632 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $12,143,946 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $802,724 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $527,995 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $529,542 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $1,129,700 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $1,866,275 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $1,994,922 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $15,149,577 | TotalAssetsBOYAmt |
| Total Assets EOY | $16,673,688 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $21,346,196 | TotalAssetsEOYFMVAmt |
| Other Liabilities EOY | $77,423 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $77,423 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $15,149,577 | RetainedEarningBOYAmt |
| Retained Earning EOY | $16,596,265 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $15,149,577 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $16,596,265 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $15,149,577 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $16,673,688 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $15,149,577 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $1,446,688 | ExcessRevenueOverExpensesAmt |
| Subtotal | $16,596,265 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $16,596,265 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt |
|---|---|---|---|
| Publicly-traded Securities | $47,770,959 | $45,517,199 | $2,253,760 |
| Passthrough K1 Capital Gain/(Loss) | $376 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $2,254,136 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $34,828 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $34,828 | SubtotalAmt |
| Tax Based On Investment Income | $34,828 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $22,855 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Total Payments And Credits | $22,855 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Tax Due | $11,973 | TaxDueAmt |
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 | DE | 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 | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foundation Source | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8008391754 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 501 Silverside Road Suite 123 | AddressLine1Txt |
| City | Wilmington | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198091377 | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Ben Fischer | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Foundation Source 501 Silverside Rd | AddressLine1Txt |
| City | Wilmington | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198091377 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | Pres, Dir, Sec, Treas | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 1.0 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $0 | CompensationAmt |
| Employee Benefit Program | $0 | EmployeeBenefitProgramAmt |
| Expense Account Other Allwnc | $0 | ExpenseAccountOtherAllwncAmt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| UBS Financial Services | |||||
| One Union Square Ste 100 | CHATTANOOGA | TN | 374022530 | Investment Mgmt | $69,325 |
| Keel Point CAPITAL LLC | |||||
| 8065 LEESBURG PIKE STE 300 | VIENNA | VA | 22182 | Investment Mgmt | $53,756 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Summary Of Direct Chrtbl Acty | SummaryOfDirectChrtblActyGrp | |
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $12,993,086 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $3,454,295 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $1,963,401 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $18,410,782 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $18,410,782 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $276,162 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $18,134,620 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $906,731 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $906,731 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $34,828 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $34,828 | TotalTaxAmt |
| Distributable Before Adj | $871,903 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $871,903 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $871,903 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $898,025 | 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 | $898,025 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $898,025 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $871,903 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $873,481 | UndistributedIncomePYAmt |
| Prior Year1 | 2018 | PriorYear1Yr |
| Prior Year2 | 2017 | PriorYear2Yr |
| Prior Year3 | 2016 | PriorYear3Yr |
| Qualifying Distributions | $898,025 | QualifyingDistributionsAmt |
| Applied To Year1 | $873,481 | AppliedToYear1Amt |
| Applied To Current Year | $24,544 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Undistributed Income CY | $847,359 | 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 | Ben Fischer | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (22 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| 1040 CONNECTIONS INC | |||||||
| 2120 NORTHGATE PARK LN STE 400 | CHATTANOOGA | TN | 37415 | N/A | PC | General & Unrestricted | $20,000 |
| AFRICAN LEADERSHIP INC | |||||||
| PO BOX 681846 | FRANKLIN | TN | 37068 | N/A | PC | General & Unrestricted | $8,000 |
| AXIS | |||||||
| PO BOX 63572 | COLORADO SPGS | CO | 80962 | N/A | PC | General & Unrestricted | $35,000 |
| CEO FORUM INC | |||||||
| 4431 LONG PRAIRIE RD STE 300 | FLOWER MOUND | TX | 75028 | N/A | PC | Transformation 2025 - NextGen Program | $300,000 |
| CEO FORUM INC | |||||||
| 4431 LONG PRAIRIE RD STE 300 | FLOWER MOUND | TX | 75028 | N/A | PC | General & Unrestricted | $50,000 |
| CHRISTIAN ALLIANCE FOR ORPHANS | |||||||
| 6723 WHITTIER AVE STE 202 | MCLEAN | VA | 22101 | N/A | PC | General & Unrestricted | $25,000 |
| COVENANT PRESBYTERIAN OF THE VAIL VALLEY | |||||||
| 19 VAIL RD | VAIL | CO | 81657 | N/A | PC | General & Unrestricted | $14,000 |
| COVENANT PRESBYTERIAN OF THE VAIL VALLEY | |||||||
| 19 VAIL RD | VAIL | CO | 81657 | N/A | PC | General & Unrestricted | $12,000 |
| DEVELOPMENT ASSOCIATES INTERNATIONAL | |||||||
| 13710 STRUTHERS RD STE 120 | COLORADO SPGS | CO | 80921 | N/A | PC | General & Unrestricted | $30,000 |
| FIRST THINGS FIRST INC | |||||||
| 620 LINDSAY ST STE 100 | CHATTANOOGA | TN | 37403 | N/A | PC | General & Unrestricted | $10,000 |
| FOCUS ON THE FAMILY | |||||||
| 8605 EXPLORER DR | COLORADO SPRINGS | CO | 80920 | N/A | PC | General & Unrestricted | $12,000 |
| HOUSE UNIVERSITY MINISTRIES OF CHATTANOOGA | |||||||
| 650 MCCALLIE AVE | CHATTANOOGA | TN | 37403 | N/A | PC | General & Unrestricted | $23,500 |
| IMPACT AFRICA INC | |||||||
| 1101 MIRANDA LN | KISSIMMEE | FL | 34741 | N/A | PC | General & Unrestricted | $3,000 |
| LIFEWATER INC | |||||||
| PO BOX 3131 | SAN LUIS OBISPO | CA | 93403 | N/A | PC | General & Unrestricted | $20,000 |
| MACLELLAN CENTER FOR GLOBAL CHRISTIAN EDUCATION | |||||||
| 820 BROAD ST STE 300 | CHATTANOOGA | TN | 37402 | N/A | PC | Generosity Path program | $26,000 |
| PRAXIS INC | |||||||
| 409 W 45TH ST 3RD FL | NEW YORK | NY | 10036 | N/A | PC | General & Unrestricted | $100,000 |
| SIGNAL MOUNTAIN CHRISTIAN SCHOOL INC | |||||||
| 808 KEY HULSE RD | SIGNAL MTN | TN | 37377 | N/A | PC | General & Unrestricted | $8,000 |
| SIGNAL MOUNTAIN PRESBYTERIAN CHURCH | |||||||
| 612 JAMES BLVD | SIGNAL MTN | TN | 37377 | N/A | PC | General & Unrestricted | $55,000 |
| SIGNAL MOUNTAIN PRESBYTERIAN CHURCH | |||||||
| 612 JAMES BLVD | SIGNAL MTN | TN | 37377 | N/A | PC | 2021 General Funds | $30,000 |
| SINAPIS GROUP | |||||||
| PO BOX 5414 | WHEATON | IL | 60189 | N/A | PC | General & Unrestricted | $27,000 |
| THE BAYLOR SCHOOL | |||||||
| 171 BAYLOR SCHOOL RD | CHATTANOOGA | TN | 37405 | N/A | PC | Baylor Fund | $25,000 |
| WORKMATTERS | |||||||
| PO BOX 9376 | FAYETTEVILLE | AR | 72703 | N/A | PC | General & Unrestricted | $50,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $883,500 | 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 | $1,381 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $203,663 | 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 | $2,130,292 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | K-1 Inc/Loss | Desc |
| Business | 525990 | BusinessCd |
| Unrelated Business Taxbl Incm | -$32,810 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 14 | ExclusionCd |
| Exclusion | $309,145 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | -$32,810 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $2,644,481 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $2,611,671 | 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 | Fischer Ben | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 867 Sonscope Lane | AddressLine1Txt |
| City | Signal Mountain | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 37377 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $14,257 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Depreciation Schedule DepreciationSchedule
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (4 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| BANK OF NOVA SCOTIA BOND - 2.8 | $130,845 | $131,791 |
| HEWLETT-PACKARD CO - 4.650% - | $138,227 | $134,926 |
| ORACLE CORP NOTE CALL - 1.900% | $127,550 | $131,309 |
| TOTAL FINA ELF S.A - 2.750% - | $131,373 | $131,516 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (45 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| ADVANCE AUTO PARTS INC | $329,531 | $393,775 |
| ALIBABA GROUP HOLDING LTD | $146,731 | $184,788 |
| ALPHABET INC CL A | $211,285 | $438,160 |
| AMAZON COM | $153,855 | $283,353 |
| APPLE INC | $91,002 | $438,806 |
| BANK OF AMERICA CORP | $2,426 | $3,455 |
| CALL - EFA $65 EXP 1/21/2022 | $68,188 | $138,030 |
| CALL - EFA $70 EXP 1/20/2023 | $98,407 | $153,105 |
| CALL - EFA $72 EXP 1/20/2023 | $88,492 | $115,395 |
| CALL - EFA $73 EXP 1/20/2023 | $131,308 | $144,720 |
| CALL - SPY $270 EXP 12/16/22 | $141,265 | $270,240 |
| CALL - SPY $280 EXP 12/16/22 | $727,669 | $1,453,522 |
| CALL - SPY $310 EXP 12/16/22 | $270,892 | $703,480 |
| CALL - SPY $325 EXP 12/16/2022 | $88,156 | $191,214 |
| CALL - SPY $325 EXP 12/16/22 | $268,543 | $502,822 |
| CALL - SPY $330 EXP 12/16/2022 | $279,891 | $484,704 |
| CALL - SPY $335 EXP 12/16/2022 | $61,448 | $102,192 |
| CALL - SPY $340 EXP 12/16/22 | $156,681 | $245,520 |
| CALL - SPY $345 EXP 12/16/22 | $76,672 | $108,585 |
| CALL - SPY $350 EXP 12/16/202 | $245,864 | $324,500 |
| COMCAST CORP | $23,222 | $28,453 |
| DIAMOND HILL LONG SHORT FUND C | $118,038 | $125,752 |
| DOLLAR TREE INC | $295,279 | $410,984 |
| GDS HOLDINGS LTD | $155,968 | $281,669 |
| HONEYWELL INTL | $235,236 | $382,860 |
| ISHARES BARCLAYS MBS BOND FUND | $660 | $661 |
| ISHARES BARCLAYS US AGGREGATE | $98,390 | $106,726 |
| ISHARES IBOXX $ INVESTMENT GRA | $744 | $829 |
| ISHARES JP MORGAN USD EM MKTS | $1,284 | $1,507 |
| ISHARES LEHMAN INTERMDTE CREDI | $423,116 | $477,575 |
| ISHARES S&P U.S. PREFERRED STO | $184,331 | $193,590 |
| ISHARES SHORT TERM CORPORATE B | $247,990 | $249,093 |
| ISHARESLEHMAN 7-10YR | $363 | $360 |
| JD.COM, INC | $94,528 | $263,700 |
| MASTERCARD INC | $86,542 | $319,104 |
| MCDONALD'S CORP | $242,030 | $327,664 |
| MICROSOFT CORP | $144,535 | $312,055 |
| MONDELEZ INTERNATIONAL INC | $231,984 | $312,405 |
| NORFOLK SOUTHERN CORP | $187,384 | $360,692 |
| PUT - SPY $335 EXP 4/16/21 | $147,033 | $122,436 |
| SPDR BARCLAYS SHORT TERM HIGH | $401,580 | $393,928 |
| SPDR BLACKSTONE/GSO SENIOR LOA | $375,122 | $364,835 |
| SPDR NUVEEN BARCLAYS CAPITAL M | $452 | $472 |
| SPDR S&P BIOTECH ETF | $75,690 | $140,780 |
| YUM CHINA HOLDINGS INC | $191,825 | $285,450 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (5 entries)
| Category Or ItemCategoryOrItemTxt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| DYNAMO FUND II, L.P | $109,645 | $132,469 |
| GARDEN CITY CO WARRANT | $1 | |
| ICAPITAL PRIVATE CREDIT ACCESS | $799,284 | $670,089 |
| RESOLUTE CAPITAL PARTNERS FUND | $623,643 | $809,946 |
| SOVEREIGN'S CAPITAL III, LP | $333,703 | $382,417 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (7 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| Administrative Fees | $14,500 | $14,500 | |
| Bank Charges | $15,385 | $15,385 | |
| K-1 Exp DYNAMO FUND II, L.P | $15,355 | $15,355 | |
| K-1 Exp ICAPITAL PRIVATE CREDI | $12,835 | $12,835 | |
| K-1 Exp RESOLUTE CAPITAL PARTN | $64,885 | $63,831 | |
| K-1 EXP SOVEREIGN'S CAPITAL | $25,244 | $25,192 | |
| State or Local Filing Fees | $25 | $25 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| K-1 Inc/Loss ICAPITAL PRIVATE CREDIT ACCESS FUND I | $151,829 | $151,829 |
| K-1 Inc/Loss RESOLUTE CAPITAL PARTNERS FUND IV LP | $121,765 | $151,782 |
| K-1 Inc/Loss SOVEREIGN'S CAPITAL III, lp | $2,741 | $2,741 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OUTSTANDING OPTIONS | Desc |
| EOY Book Value | $77,423 | EOYBookValueAmt |
Other Notes Loans Rcvbl Long Sch OtherNotesLoansRcvblLongSch
Other Notes Loans Rcvbl Long OtherNotesLoansRcvblLongGrp
Borrower Name BorrowerNameGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GARDEN CITY COMPANIES LLC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Loan Original | $10,828 | LoanOriginalAmt |
| Balance Due | $10,828 | BalanceDueAmt |
| Note | 2020-02 | NoteDt |
| Loan Maturity | 2040-02 | LoanMaturityDt |
| Repayment Terms | INTEREST ANNUALLY | RepaymentTermsTxt |
| Interest | 6. | InterestRt |
| Security Provided Borrower | NONE | SecurityProvidedBorrowerTxt |
| Loan Purpose | INVESTMENT | LoanPurposeTxt |
| Lender Consideration | CASH | LenderConsiderationDesc |
| Consideration FMV | $10,828 | ConsiderationFMVAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Investment Management Services | CategoryTxt |
| Amt | $123,081 | Amt |
| Net Investment Income | $123,081 | NetInvestmentIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt |
|---|---|
| 990-PF Estimated Tax for 2020 | $18,700 |
| 990-T Extension for 2019 | $1,500 |