FOUNDATION FOR A BETTER WORLD INC: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- FOUNDATION FOR A BETTER WORLD INC (EIN 46-2385457)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-05-13
- IRS object ID
- 202121339349101127
- 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
- All Oth Prog Rltd Investments Sch
- Depreciation Schedule
- Expenditure Responsibility Stmt
- Investments Other Schedule2
- Legal Fees Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-05-13T09:38:59-05:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 134008324 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PRICEWATERHOUSECOOPERS LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1075 PEACHTREE STREET NE SUITE 2600 | AddressLine1Txt |
| City | ATLANTA | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30309 | 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 | 462385457 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FOUNDATION FOR A BETTER WORLD INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | FOUN | BusinessNameControlTxt |
| Phone | 6783585750 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1282 TIMBERLAND DRIVE | AddressLine1Txt |
| City | MARIETTA | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30067 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | BEATRIZ ILLESCAS | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 6783585750 | PhoneNum |
| Signature | 2021-05-11 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | BEATRIZ | PersonFirstNm |
| Person Last | ILLESCAS | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | RICHARD S WAGMAN | PreparerPersonNm |
| PTIN | P00300566 | PTIN |
| Phone | 6784191000 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| 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 | $129,774,547 | 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 | $5,291,767 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $253 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $253 | InterestOnSavNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $64,380,539 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $64,380,539 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $64,380,539 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $69,672,559 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $64,380,792 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $0 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $224,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $0 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $224,000 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $135,000 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $0 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Adj Net Incm | $0 | OthEmplSlrsWgsAdjNetIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $135,000 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $5,300 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $5,300 | LegalFeesDsbrsChrtblAmt |
| Other Prof Fees Rev And Expnss | $8,420 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $0 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $0 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $8,420 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $10,999 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $0 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $10,999 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $4,007 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $0 | DeprecAndDpltnNetInvstIncmAmt |
| Deprec And Dpltn Adj Net Incm | $0 | DeprecAndDpltnAdjNetIncmAmt |
| Trav Conf Meeting Rev And Expnss | $3,411 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Adj Net Incm | $0 | TravConfMeetingAdjNetIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $3,411 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $4,604 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $0 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $4,604 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $395,741 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $0 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $391,734 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $4,254,765 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $4,254,765 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $4,650,506 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $0 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $4,646,499 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $65,022,053 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $64,380,792 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $1,657,104 | CashBOYAmt |
| Cash EOY | $2,008,096 | CashEOYAmt |
| Cash EOYFMV | $2,008,096 | CashEOYFMVAmt |
| Other Nts And Loans Rcvbl BOY | $153 | OtherNtsAndLoansRcvblBOYAmt |
| Other Nts And Loans Rcvbl EOY | $0 | OtherNtsAndLoansRcvblEOYAmt |
| Other Nts And Loans Rcvbl EOYFMV | $0 | OtherNtsAndLoansRcvblEOYFMVAmt |
| Other Investments BOY | $153,991,329 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $127,766,451 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $127,766,451 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $10,997 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $10,997 | LandBldgEquipAccumDeprecAmt |
| Total Assets BOY | $155,648,586 | TotalAssetsBOYAmt |
| Total Assets EOY | $129,774,547 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $129,774,547 | TotalAssetsEOYFMVAmt |
| Accounts Payable EOY | $200 | AccountsPayableEOYAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $200 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $155,648,586 | RetainedEarningBOYAmt |
| Retained Earning EOY | $129,774,347 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $155,648,586 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $129,774,347 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $155,648,586 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $129,774,547 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $155,648,586 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $65,022,053 | ExcessRevenueOverExpensesAmt |
| Other Increases | $1 | OtherIncreasesAmt |
| Subtotal | $220,670,640 | SubtotalAmt |
| Other Decreases | $90,896,293 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $129,774,347 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | FORM 8621, LINE 7C - BAY RESOURCE PARTNERS OFFSHORE FUND, LTD. | PropertyDesc |
| How Acquired | P | HowAcquiredCd |
| Gross Sales Price | $64,380,539 | GrossSalesPriceAmt |
| Gain Or Loss | $64,380,539 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $64,380,539 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $64,380,539 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $0 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $894,893 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $894,893 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $894,893 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $187,308 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $187,308 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Tax Due | $707,585 | TaxDueAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | GA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | BEATRIZ ILLESCAS | IndividualWithBooksNm |
| Phone | 6783585750 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1282 TIMBERLAND DRIVE | AddressLine1Txt |
| City | MARIETTA | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30067 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (1) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | Yes (1) | BusinessHoldingsInd |
| Excess Business Holdings | 0 | ExcessBusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | 0 | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | Yes (1) | MaintainedExpenditureRspnsInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (6 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt | Address Line1ForeignAddress/AddressLine1Txt | CityForeignAddress/CityNm | CountryForeignAddress/CountryCd |
|---|---|---|---|---|---|---|---|---|---|---|---|
| THOMAS CLAUGUS | |||||||||||
| 1282 TIMBERLAND DRIVE | MARIETTA | GA | 30067 | DIRECTOR / VICE PRESIDENT | 1.00 | $0 | $0 | $0 | |||
| BEATRIZ ILLESCAS | |||||||||||
| DIRECTOR / PRESIDENT | 40.00 | $224,000 | $0 | $0 | 13 CALLE A 7-35 ZONA 10 APTO 5F | GUATEMALA CITY | GT | ||||
| MELISSA CLAUGUS | |||||||||||
| 4570 POWERS FERRY ROAD | ATLANTA | GA | 30327 | DIRECTOR / SECRETARY | 1.00 | $0 | $0 | $0 | |||
| THOMAS CLAUGUS II | |||||||||||
| 500 PARK LANE | MARIETTA | GA | 30067 | DIRECTOR / TREASURER | 1.00 | $0 | $0 | $0 | |||
| GREGORY CLAUGUS | |||||||||||
| 1664 WEST DIVISION ST APT 605 | CHICAGO | IL | 60622 | DIRECTOR | 1.00 | $0 | $0 | $0 | |||
| MICHAEL CLAUGUS | |||||||||||
| 6343 W 6TH AVE | LAKEWOOD | CO | 80214 | DIRECTOR | 1.00 | $0 | $0 | $0 | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | NONE - NO ACTIVITIES OTHER THAN GRANT MAKING | Description1Txt |
| Expenses1 | $0 | Expenses1Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A - FOUNDATION IS ENGAGED SOLELY IN GRANT MAKINGACTIVITIES | Description1Txt |
| Expenses1 | $0 | Expenses1Amt |
| All Other Program Rltd Invst Tot | $0 | AllOtherProgramRltdInvstTotAmt |
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $0 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $2,315,617 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $125,965,699 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $128,281,316 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $128,281,316 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $1,924,220 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $126,357,096 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $6,317,855 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $6,317,855 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $894,893 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $894,893 | TotalTaxAmt |
| Distributable Before Adj | $5,422,962 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $5,422,962 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $5,422,962 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $4,646,499 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $4,646,499 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $4,646,499 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $5,422,962 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr4 | $182,742 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $364,554 | ExcessDistributionCyovYr3Amt |
| Total Excess Distribution Cyov | $547,296 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $4,646,499 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $4,646,499 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $547,296 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $547,296 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $229,167 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | THOMAS CLAUGUS | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (34 entries)
| Address Line1RecipientForeignAddress/AddressLine1Txt | Address Line2RecipientForeignAddress/AddressLine2Txt | CityRecipientForeignAddress/CityNm | CountryRecipientForeignAddress/CountryCd | Foreign PostalRecipientForeignAddress/ForeignPostalCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Address Line2RecipientUSAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROTARY CLUB OF GUATEMALA | |||||||||||||
| AVE REFORMA 12-01 ZONA 10 EDIFICIO | REFORMA MONTUFARTORRE B 5 NIVEL OFI | GUATEMALA | GT | 01010 | N/A | PC | PROGRAM EXPENSES | $40,000 | |||||
| INICIATIVA GUATEMALA | |||||||||||||
| N/A | PC | PROGRAM EXPENSES | $3,000 | PO BOX 1153 | BEALETON | VA | 22712 | ||||||
| WINGS | |||||||||||||
| N/A | PC | PROGRAM EXPENSES | $25,000 | PO BOX 1043 | PUEBLO | CO | 81002 | ||||||
| FUNDACION DE ESPECIALIDADES MATERNO INFANTIL | |||||||||||||
| 2 CALLE 22-65 ZONA 15 VISTA HERMOSA | GUATEMALA | GT | 01010 | N/A | PC | PROGRAM EXPENSES | $24,863 | ||||||
| ASOPUENTE INTERNAIONAL INC | |||||||||||||
| N/A | PC | PROGRAM EXPENSES | $23,800 | 201 SOUTH BISCAYNE BOULEVARD SUITE | MIAMI | FL | 33131 | 800 | |||||
| RISING STAR OUTREACH | |||||||||||||
| N/A | PC | PROGRAM EXPENSES | $8,102 | 3521 N UNIVERSITY AVE SUITE 250 | PROVO | UT | 84604 | ||||||
| COOPERATIVE FOR EDUCATION | |||||||||||||
| N/A | PC | PROGRAM EXPENSES | $25,000 | 2300 MONTANA AVENUE STE 301 | CINCINNATI | OH | 45211 | ||||||
| FOCUS ON TANZANIAN COMMUNITIES | |||||||||||||
| N/A | PC | PROGRAM EXPENSES | $5,000 | 14 MOUNT AUBURN STREET | WATERTOWN | MA | 02472 | ||||||
| KIPP METRO ATLANTA SCHOOLS | |||||||||||||
| N/A | PC | PROGRAM EXPENSES | $20,000 | 1445 MAYNARD ROAD NW | ATLANTA | GA | 30331 | ||||||
| FUNDACION MAG | |||||||||||||
| 8 CALLE 3-51 CDAD DE | GUATEMALA | GT | 01010 | N/A | PC | PROGRAM EXPENSES | $25,000 | ||||||
| HILLSIDE | |||||||||||||
| N/A | PC | PROGRAM EXPENSES | $10,000 | 690 COURTENAY DRIVE NE | ATLANTA | GA | 30306 | ||||||
| ASOPUENTE INTERNAIONAL INC | |||||||||||||
| N/A | PC | PROGRAM EXPENSES | $150,000 | 201 SOUTH BISCAYNE BOULEVARD SUITE | MIAMI | FL | 33131 | 800 | |||||
| FUNDACION DE ESPECIALIDADES MATERNO INFANTIL | |||||||||||||
| 2 CALLE 22-65 ZONA 15 VISTA HERMOSA | GUATEMALA | GT | 01010 | N/A | PC | PROGRAM EXPENSES | $25,000 | ||||||
| BIPARTISAN POLICY CENTER | |||||||||||||
| N/A | PC | PROGRAM EXPENSES | $50,000 | 1225 EYE STREET NW SUITE 1000 | WASHINGTON | DC | 20005 | ||||||
| CREATE YOUR DREAMS | |||||||||||||
| N/A | PC | PROGRAM EXPENSES | $10,000 | 887 W MARIETTA ST STUDIO T-108 | ATLANTA | GA | 30318 | ||||||
| FOCUS ON TANZANIAN COMMUNITIES | |||||||||||||
| N/A | PC | PROGRAM EXPENSES | $20,000 | 14 MOUNT AUBURN STREET | WATERTOWN | MA | 02472 | ||||||
| NATIONAL MULTIPLE SCLEROSIS SOCIETY | |||||||||||||
| N/A | PC | PROGRAM EXPENSES | $25,000 | 900 S BROADWAY SUITE 200 | DENVER | CO | 80209 | ||||||
| THE HERITAGE FOUNDATION | |||||||||||||
| N/A | PC | PROGRAM EXPENSES | $10,000 | 214 MASSACHUSETTS AVENUE NE | WASHINGTON | DC | 20002 | ||||||
| PANCREATIC CANCER ACTION NETWORK | |||||||||||||
| N/A | PC | PROGRAM EXPENSES | $100,000 | 1050 CONNECTICUT AVE NW | WASHINGTON | DC | 20036 | ||||||
| INICIATIVA GUATEMALA | |||||||||||||
| N/A | PC | PROGRAM EXPENSES | $50,000 | PO BOX 1153 | BEALETON | VA | 22712 | ||||||
| ALZHEIMER'S DRUG DISCOVERY FOUNDATION | |||||||||||||
| N/A | PC | PROGRAM EXPENSES | $2,000,000 | 57 WEST 57TH STREET SUITE 904 | NEW YORK | NY | 10019 | ||||||
| COOPERATIVE FOR EDUCATION | |||||||||||||
| N/A | PC | PROGRAM EXPENSES | $150,000 | 2300 MONTANA AVENUE STE 301 | CINCINNATI | OH | 45211 | ||||||
| GEORGIA CARES | |||||||||||||
| N/A | PC | PROGRAM EXPENSES | $20,000 | PO BOX 724197 | ATLANTA | GA | 31139 | ||||||
| LATIN AMERICAN ASSOCIATION | |||||||||||||
| N/A | PC | PROGRAM EXPENSES | $50,000 | 2750 BUFORD HIGHWAY NE | ATLANTA | GA | 30324 | ||||||
| WINGS | |||||||||||||
| N/A | PC | PROGRAM EXPENSES | $10,000 | PO BOX 1043 | PUEBLO | CO | 81002 | ||||||
| ALZHEIMER'S ASSOCIATION | |||||||||||||
| N/A | PC | PROGRAM EXPENSES | $25,000 | 225 N MICHIGAN AVE FL 17 | CHICAGO | IL | 606017633 | ||||||
| RISING STAR OUTREACH | |||||||||||||
| N/A | PC | PROGRAM EXPENSES | $25,000 | 3521 N UNIVERSITY AVE SUITE 250 | PROVO | UT | 84604 | ||||||
| KIPP METRO ATLANTA SCHOOLS | |||||||||||||
| N/A | PC | PROGRAM EXPENSES | $50,000 | 1445 MAYNARD ROAD NW | ATLANTA | GA | 30331 | ||||||
| CHILDREN'S HEALTHCARE OF ATLANTA FOUNDATION | |||||||||||||
| N/A | PC | PROGRAM EXPENSES | $25,000 | 3395 NE EXPRESSWAY SUITE 100 | ATLANTA | GA | 30341 | ||||||
| BARNESVILLE HOSPITAL FOUNDATION | |||||||||||||
| N/A | PC | PROGRAM EXPENSES | $60,000 | 639 WEST MAIN STREET PO BOX 309 | BARNESVILLE | OH | 437130309 | ||||||
| GROWTH THROUGH LEARNING | |||||||||||||
| N/A | PC | PROGRAM EXPENSES | $150,000 | PO BOX 390975 | CAMBRIDGE | MA | 02139 | ||||||
| FUNDACION EDUCATIVA CMD | |||||||||||||
| 11 AVENIDA 6-75 INTERIOR 1 ZONA 16 | GUATEMALA | GT | 01010 | N/A | PC | PROGRAM EXPENSES | $15,000 | ||||||
| ALZHEIMER'S DRUG DISCOVERY FOUNDATION | |||||||||||||
| N/A | PC | PROGRAM EXPENSES | $1,000,000 | 57 WEST 57TH STREET SUITE 904 | NEW YORK | NY | 10019 | ||||||
| THE WIKIMEDIA FOUNDATION INC | |||||||||||||
| N/A | PC | PROGRAM EXPENSES | $25,000 | 1 MONTGOMERY ST SUITE 1600 | SAN FRANCISCO | CA | 94104 | ||||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $4,254,765 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $253 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 24 | ExclusionCd |
| Exclusion | $64,380,539 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $64,380,792 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $64,380,792 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (5 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd |
|---|---|---|---|---|---|---|
| CLAUGUS CHARITABLE LEAD ANNUITY TRUST | ||||||
| 1 | 1282 TIMBERLAND DRIVE | MARIETTA | GA | 30067 | $1,237,524 | Yes (X) |
| CLAUGUS CHARITABLE LEAD ANNUITY TRUST II | ||||||
| 2 | 1282 TIMBERLAND DRIVE | MARIETTA | GA | 30067 | $927,832 | Yes (X) |
| CLAUGUS CHARITABLE LEAD ANNUITY TRUST III | ||||||
| 3 | 1282 TIMBERLAND DRIVE | MARIETTA | GA | 30067 | $1,516,320 | Yes (X) |
| CLAUGUS CHARITABLE LEAD ANNUITY TRUST IV | ||||||
| 4 | 1282 TIMBERLAND DRIVE | MARIETTA | GA | 30067 | $1,609,200 | Yes (X) |
| THOMAS CLAUGUS | ||||||
| 5 | 1282 TIMBERLAND DRIVE | MARIETTA | GA | 30067 | $891 | Yes (X) |
All Oth Prog Rltd Investments Sch AllOthProgRltdInvestmentsSch
All Other Program Related Invst AllOtherProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | NONE | Desc |
| Amt | $0 | Amt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (9 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Prior Year DepreciationPriorYearDepreciationAmt | Computation MethodComputationMethodTxt | LifeLifeRt | Current Year ExpenseCurrentYearExpenseAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|---|---|---|---|---|
| COMPUTER | 2014-01-14 | $1,572 | $1,572 | 200DB | 5.000000000000 | $0 | $0 | $0 |
| MACBOOK AIR | 2015-05-11 | $1,011 | $1,011 | 200DB | 5.000000000000 | $0 | $0 | $0 |
| PRINTER | 2018-11-23 | $191 | 200DB | 5.000000000000 | $0 | $0 | $0 | |
| COMPUTER | 2018-11-23 | $2,699 | 200DB | 5.000000000000 | $0 | $0 | $0 | |
| MACBOOK AIR - BATTERY | 2019-01-01 | $107 | 200DB | 5.000000000000 | $0 | $0 | $0 | |
| COMPUTER | 2019-12-06 | $1,410 | 200DB | 5.000000000000 | $0 | $0 | $0 | |
| COMPUTER | 2020-12-22 | $3,149 | 200DB | 5.000000000000 | $3,149 | $0 | $0 | |
| WIFI ROUTER | 2020-10-06 | $200 | 200DB | 5.000000000000 | $200 | $0 | $0 | |
| PROJECTOR | 2020-08-31 | $658 | 200DB | 5.000000000000 | $658 | $0 | $0 |
Expenditure Responsibility Stmt ExpenditureResponsibilityStmt
Expenditure Responsibility ExpenditureResponsibilityGrp (4 entries)
| Address Line1ForeignAddress/AddressLine1Txt | CityForeignAddress/CityNm | CountryForeignAddress/CountryCd | Foreign PostalForeignAddress/ForeignPostalCd | GrantGrantDt | GrantGrantAmt | Purpose Of GrantPurposeOfGrantTxt | Expended By GranteeExpendedByGranteeAmt | Dates Of Reports By GranteeDatesOfReportsByGranteeTxt | Address Line2ForeignAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|---|
| FUNDACION MAG | |||||||||
| 8 CALLE 3-51 ZONA 1 | GUATEMALA | GT | 502-2220-3417 | 2020-07-10 | $25,000 | PROGRAM EXPENSES | $25,000 | 07/20/20 | |
| FUNDACION EDUCATIVA CMD | |||||||||
| 11 AVENIDA 6-75 INTERIOR 1 ZONA 16 | GUATEMALA | GT | 01010 | 2020-12-03 | $15,000 | PROGRAM EXPENSES | $15,000 | 01/20/21 | |
| FUNACION DE ESPECIALIDADES MATERNO INFANTIL | |||||||||
| 2 CALLE 22-65 ZONA 15 VISTA HERMOSA | GUATEMALA | GT | 01010 | 2020-07-01 | $24,863 | PROGRAM EXPENSES | $24,863 | 07/20/20 | ICC METRO 15 |
| FUNACION DE ESPECIALIDADES MATERNO INFANTIL | |||||||||
| 2 CALLE 22-65 ZONA 15 VISTA HERMOSA | GUATEMALA | GT | 01010 | 2020-07-16 | $25,000 | PROGRAM EXPENSES | $25,000 | 07/20/20 | ICC METRO 15 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | BAY RESOURCE PARTNERS OFFSHORE FUND, LTD. | CategoryOrItemTxt |
| Listed At Cost Or FMV | AT COST | ListedAtCostOrFMVCd |
| Book Value | $127,766,451 | BookValueAmt |
| EOYFMV | $127,766,451 | EOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $5,300 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $5,300 | DisbursementsCharitablePrpsAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED LOSS - BAY RESOURCE PARTNERS OFFSHORE FUND, LTD. | Desc |
| Amt | $90,896,293 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| MISCELLANEOUS EXPENSES | $2,111 | $0 | $0 | $2,111 |
| ADP PAYROLL FEES | $1,132 | $0 | $0 | $1,132 |
| INSURANCE - WORKERS COMPENSATION | $1,361 | $0 | $0 | $1,361 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ROUNDING | Desc |
| Amt | $1 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | PROFESSIONAL FEES | CategoryTxt |
| Amt | $8,420 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $8,420 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | PAYROLL TAXES | CategoryTxt |
| Amt | $10,999 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $10,999 | DisbursementsCharitablePrpsAmt |
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