BETA

CEGWAY FOUNDATION INC: Form 990PF, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
CEGWAY FOUNDATION INC (EIN 82-5092591)
Tax period
2020-01-01 to 2020-12-31
Filed
2021-03-23
IRS object ID
202120829349100117
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)
Return2021-03-23T17:26:50-05:00ReturnTs
Tax Period End2020-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN592309183PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1HUGHES SNELL & CO PABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11470 ROYAL PALM SQUARE BLVDAddressLine1Txt
CityFORT MYERSCityNm
State AbbreviationFLStateAbbreviationCd
ZIP339191082ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2020-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN825092591EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CEGWAY FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlCEGWBusinessNameControlTxt
Phone2399392233PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line116682 CAPTIVA DRAddressLine1Txt
CityCAPTIVACityNm
State AbbreviationFLStateAbbreviationCd
ZIP33924ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonROBERT O WIESEMANN IIPersonNm
Person TitlePRESIDENTPersonTitleTxt
Signature2021-03-26SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstROBERT OPersonFirstNm
Person LastWIESEMANN IIPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonLINDA M TREISEPreparerPersonNm
PTINP00244902PTIN
Phone2399392233PhoneNum
Preparation2021-03-23PreparationDt
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$5,429,180FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$250ContriRcvdRevAndExpnssAmt
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$25,395InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$25,395InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$25,395InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss$74,369DividendsRevAndExpnssAmt
Dividends Net Invst Incm$74,369DividendsNetInvstIncmAmt
Dividends Adj Net Incm$74,369DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss-$48,268NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$999,658GrossSalesPriceAmt
Total Rev And Expnss$51,746TotalRevAndExpnssAmt
Total Net Invst Incm$99,764TotalNetInvstIncmAmt
Total Adj Net Incm$99,764TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss$2,110AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$1,055AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps$1,055AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss$11,057OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$11,057OtherProfFeesNetInvstIncmAmt
Taxes Rev And Expnss$2,863TaxesRevAndExpnssAmt
Taxes Net Invst Incm$1,673TaxesNetInvstIncmAmt
Other Expenses Rev And Expnss$388OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$388OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$16,418TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$14,173TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$1,055TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$219,028ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$219,028ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$235,446TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$14,173TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$220,083TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$183,700ExcessRevenueOverExpensesAmt
Net Investment Income$85,591NetInvestmentIncomeAmt
Adjusted Net Income$99,764AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$102,654CashBOYAmt
Cash EOY$201,466CashEOYAmt
Cash EOYFMV$201,466CashEOYFMVAmt
Acct Rcvbl$1,363AcctRcvblAmt
Acct Rcvbl BOY$3,092AcctRcvblBOYAmt
Acct Rcvbl EOY$1,363AcctRcvblEOYAmt
Acct Rcvbl EOYFMV$1,363AcctRcvblEOYFMVAmt
Prepaid Expenses BOY$2,814PrepaidExpensesBOYAmt
Prepaid Expenses EOY$1,624PrepaidExpensesEOYAmt
Prepaid Expenses EOYFMV$1,624PrepaidExpensesEOYFMVAmt
US Government Obligations BOY$353,762USGovernmentObligationsBOYAmt
US Government Obligations EOY$397,056USGovernmentObligationsEOYAmt
US Govt Obligations EOYFMV$438,984USGovtObligationsEOYFMVAmt
Corporate Stock BOY$1,349,085CorporateStockBOYAmt
Corporate Stock EOY$1,199,624CorporateStockEOYAmt
Corporate Stock EOYFMV$1,633,364CorporateStockEOYFMVAmt
Corporate Bonds BOY$783,063CorporateBondsBOYAmt
Corporate Bonds EOY$759,666CorporateBondsEOYAmt
Corporate Bonds EOYFMV$792,895CorporateBondsEOYFMVAmt
Other Investments BOY$2,176,509OtherInvestmentsBOYAmt
Other Investments EOY$2,030,184OtherInvestmentsEOYAmt
Other Investments EOYFMV$2,359,484OtherInvestmentsEOYFMVAmt
Total Assets BOY$4,770,979TotalAssetsBOYAmt
Total Assets EOY$4,590,983TotalAssetsEOYAmt
Total Assets EOYFMV$5,429,180TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$4,770,979RetainedEarningBOYAmt
Retained Earning EOY$4,590,983RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$4,770,979TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$4,590,983TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$4,770,979TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$4,590,983TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$4,770,979TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$183,700ExcessRevenueOverExpensesAmt
Other Increases$3,704OtherIncreasesAmt
Subtotal$4,590,983SubtotalAmt
Tot Net Ast Or Fund Balances EOY$4,590,983TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmtAcquiredAcquiredDtSoldSoldDt
BUSEY BANK 0964P$12,684$13,446-$762-$762
BUSEY BANK 0964P$925,545$979,480-$53,935-$53,935
55000.00 UBS BANK SALT LAKE CTY 2.75P$55,000$55,0002018-08-142020-08-24
FieldValueIRS element (for citing)
Capital Gain Net Income-$48,268CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$1,190InvestmentIncomeExciseTaxAmt
Subtotal$1,190SubtotalAmt
Tax Based On Investment Income$1,190TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$2,814EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$2,814TotalPaymentsAndCreditsAmt
Overpayment$1,624OverpaymentAmt
Applied To ES Tax$1,624AppliedToESTaxAmt

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 BooksROBERT O WIESEMANN IIIndividualWithBooksNm
Phone2399392233PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 459AddressLine1Txt
CityCAPTIVACityNm
State AbbreviationFLStateAbbreviationCd
ZIP33924ZIPCd
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
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 (5 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
ROBERT O WIESEMANN II
PO BOX 459CAPTIVAFL33924PRESIDENT1.00$0$0$0
KATHY WIESEMANN
PO BOX 459CAPTIVAFL33924SECRETARY1.00$0$0$0
CAROLYN HYDE
478 ANSLEY WAY NEATLANTAGA30324DIRECTOR0.50$0$0$0
ELLEN HAYON
225 VANCE STCHAPEL HILLNC27516DIRECTOR0.50$0$0$0
GRETCHEN OLWIG
71 HUBBARD ST 2902CHICAGOIL60654DIRECTOR0.50$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$4,685,040AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$153,306AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$4,838,346TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$4,838,346AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$72,575CashDeemedCharitableAmt
Net Vl Noncharitable Assets$4,765,771NetVlNoncharitableAssetsAmt
Minimum Investment Return$238,289MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$238,289MinimumInvestmentReturnAmt
Tax Based On Investment Income$1,190TaxBasedOnInvestmentIncomeAmt
Total Tax$1,190TotalTaxAmt
Distributable Before Adj$237,099DistributableBeforeAdjAmt
Distributable Before Ded$237,099DistributableBeforeDedAmt
Distributable As Adjusted$237,099DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$220,083ExpensesAndContributionsAmt
Qualifying Distributions$220,083QualifyingDistributionsAmt
Adjusted Qualifying Distri$220,083AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$237,099DistributableAsAdjustedAmt
Excess Distribution Cyov Yr2$98,224ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$31,159ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$129,383TotalExcessDistributionCyovAmt
Qualifying Distributions$220,083QualifyingDistributionsAmt
Applied To Current Year$220,083AppliedToCurrentYearAmt
Excess Distri Cyov App CY Corpus$17,016ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$17,016ExcessDistributionCyovAppCYAmt
Total Corpus$112,367TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$112,367ExcessDistriCyovToNextYrAmt
Excess From Year2$81,208ExcessFromYear2Amt
Excess From Year1$31,159ExcessFromYear1Amt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerROBERT O WIESEMANN IIContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1ST TERESA HIGH SCHOOLBusinessNameLine1Txt

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line12710 N WATER STAddressLine1Txt
CityDECATURCityNm
State AbbreviationILStateAbbreviationCd
ZIP62526ZIPCd
FieldValueIRS element (for citing)
Recipient RelationshipNONERecipientRelationshipTxt
Recipient Foundation StatusPCRecipientFoundationStatusTxt
Grant Or Contribution PurposeSUSTAIN THE FUTUREGrantOrContributionPurposeTxt
Amt$219,028Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$219,028TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$25,395ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$74,369ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion-$48,268ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$51,496ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$51,496TotalIncomeProducingActyAmt

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

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryTAX PREPCategoryTxt
Amt$2,110Amt
Net Investment Income$1,055NetInvestmentIncomeAmt
Disbursements Charitable Prps$1,055DisbursementsCharitablePrpsAmt

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp

FieldValueIRS element (for citing)
BondBUSEY BANK 0964BondNm
EOY Book Value$759,666EOYBookValueAmt
EOYFMV$792,895EOYFMVAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockBUSEY BANK 0964StockNm
EOY Book Value$1,199,624EOYBookValueAmt
EOYFMV$1,633,364EOYFMVAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

FieldValueIRS element (for citing)
Category Or ItemBUSEY BANK 0964CategoryOrItemTxt
Listed At Cost Or FMVAT COSTListedAtCostOrFMVCd
Book Value$2,030,184BookValueAmt
EOYFMV$2,359,484EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmt
EXPENSES
ADMINISTRATIVE EXPENSES$388$388

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail (2 entries)

DescDescAmtAmt
NONDIVIDEND DISTRIBUTIONS$2,293
BASIS ADJUSTMENTS$1,411

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryINVESTMENT MANAGEMENT FEESCategoryTxt
Amt$11,057Amt
Net Investment Income$11,057NetInvestmentIncomeAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmt
FOREIGN TAX PAID$1,673$1,673
2020 TAX$1,190

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