SEAR FAMILY FOUNDATION: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- SEAR FAMILY FOUNDATION (EIN 75-2673430)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-05-25
- IRS object ID
- 202121459349100752
- 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
- Form 990-PF
- Schedule B
- Accounting Fees Schedule
- Investments Land Schedule2
- Other Expenses Schedule
- Substantial Contributors Sch
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-05-25T09:45:59-07:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Joan K Bailey CPA | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2706 Cockrell Avenue | AddressLine1Txt |
| City | Fort Worth | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 76109 | 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 | 752673430 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Sear Family Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SEAR | BusinessNameControlTxt |
| Phone | 8175260011 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 35 Watergate Drive 502 | AddressLine1Txt |
| City | Sarasota | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 34236 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Adam J T Sear | PersonNm |
| Person Title | Director | PersonTitleTxt |
| Signature | 2021-05-25 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | Adam J T | PersonFirstNm |
| Person Last | Sear | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Joan Bailey | PreparerPersonNm |
| PTIN | P01525573 | PTIN |
| Phone | 8178810499 | PhoneNum |
| Self Employed | Yes (X) | SelfEmployedInd |
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 |
| Federated Assurance Level | FAL1 | FederatedAssuranceLevelCd |
| 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 | $3,743,087 | 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 | $176,275 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $9 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $9 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $9 | InterestOnSavingsAdjNetIncmAmt |
| Dividends Rev And Expnss | $43,650 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $43,650 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $43,650 | DividendsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$74,819 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $200,396 | GrossSalesPriceAmt |
| Total Rev And Expnss | $145,115 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $43,659 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $43,659 | TotalAdjNetIncmAmt |
| Accounting Fees Rev And Expnss | $2,900 | AccountingFeesRevAndExpnssAmt |
| Taxes Rev And Expnss | $1,616 | TaxesRevAndExpnssAmt |
| Printing And Pub Rev And Expnss | $2,192 | PrintingAndPubRevAndExpnssAmt |
| Other Expenses Rev And Expnss | $7,502 | OtherExpensesRevAndExpnssAmt |
| Tot Opr Expenses Rev And Expnss | $14,210 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $0 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $220,200 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $220,200 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $234,410 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $0 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $220,200 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$89,295 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $43,659 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $43,659 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $56,286 | CashBOYAmt |
| Cash EOY | $63,356 | CashEOYAmt |
| Cash EOYFMV | $63,356 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $34,000 | SavAndTempCashInvstBOYAmt |
| Corporate Stock BOY | $573,315 | CorporateStockBOYAmt |
| Corporate Stock EOY | $619,082 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $815,255 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $1,574,382 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $1,561,924 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $1,764,476 | CorporateBondsEOYFMVAmt |
| Invst Land Cost Or Other Basis | $1,100,000 | InvstLandCostOrOtherBasisAmt |
| Land Bldg Investments BOY | $1,100,000 | LandBldgInvestmentsBOYAmt |
| Land Bldg Investments EOY | $1,100,000 | LandBldgInvestmentsEOYAmt |
| Land Bldg Investments EOYFMV | $1,100,000 | LandBldgInvestmentsEOYFMVAmt |
| Total Assets BOY | $3,337,983 | TotalAssetsBOYAmt |
| Total Assets EOY | $3,344,362 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $3,743,087 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $3,337,983 | CapitalStockBOYAmt |
| Capital Stock EOY | $3,344,362 | CapitalStockEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $3,337,983 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $3,344,362 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $3,337,983 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $3,344,362 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $3,337,983 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$89,295 | ExcessRevenueOverExpensesAmt |
| Other Increases | $95,674 | OtherIncreasesAmt |
| Subtotal | $3,344,362 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $3,344,362 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (10 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | Gross Sales PriceGrossSalesPriceAmt |
|---|---|---|---|---|---|---|---|
| 777 Akorn Inc - Bankrupt | P | 2011-06-28 | 2020-11-12 | $24,793 | -$24,793 | -$24,793 | |
| 192 Alcon Inc | P | 2011-04-12 | 2020-11-05 | $6,532 | $5,356 | $5,356 | $11,888 |
| 118 Alcon Inc | P | 2016-12-07 | 2020-11-05 | $4,015 | $3,292 | $3,292 | $7,307 |
| 70 Apple Inc | P | 2010-11-02 | 2020-07-08 | $20,333 | $6,220 | $6,220 | $26,553 |
| 430 Apple Inc | P | 2010-11-02 | 2020-11-05 | $124,902 | -$74,384 | -$74,384 | $50,518 |
| 3065 DFA Int Real Estate | P | 2017-02-03 | 2020-10-16 | $14,659 | -$2,659 | -$2,659 | $12,000 |
| 2100 DFA Intl Value | P | 2017-02-14 | 2020-10-22 | $37,001 | -$7,001 | -$7,001 | $30,000 |
| 30 Incyte Corp | P | 2008-05-01 | 2020-11-05 | $2,541 | $107 | $107 | $2,648 |
| 516 Novartis AG | P | 2016-12-07 | 2020-11-05 | $40,439 | $3,136 | $3,136 | $43,575 |
| Capital Gain Dividends | $15,907 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$74,819 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $607 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $607 | SubtotalAmt |
| Tax Based On Investment Income | $607 | TaxBasedOnInvestmentIncomeAmt |
| Tax Due | $607 | 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 | TX | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | Yes (true) | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | Yes (true) | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Judith Sear | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8175260011 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 35 Watergate Drive 502 | AddressLine1Txt |
| City | Sarasota | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 34236 | 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 |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| 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 (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|---|---|---|---|
| Timothy R G Sear | ||||||
| 35 Watergate Drive 502 | Sarasota | FL | 34236 | President | 0.00 | $0 |
| Judith Sear | ||||||
| 35 Watergate Drive 502 | Sarasota | FL | 34236 | Sec/Treas | 0.00 | $0 |
| Adam J T Sear | ||||||
| 3300 Bee Caves Rd Ste 650 | Austin | TX | 78746 | Director | 0.00 | $0 |
| Katherine M Johnson | ||||||
| 65 Graycliff Rd | Newton | MA | 02159 | Director | 0.00 | $0 |
| Charles D Sear | ||||||
| 2912 Southeast 20th Ave | Cape Coral | FL | 33904 | Director | 0.00 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $2,180,596 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $44,318 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $2,224,914 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $2,224,914 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $33,374 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $2,191,540 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $109,577 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $109,577 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $607 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $607 | TotalTaxAmt |
| Distributable Before Adj | $108,970 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $108,970 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $108,970 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $220,200 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $220,200 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $220,200 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $108,970 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr5 | $237,116 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $224,674 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $420,359 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $205,277 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $206,422 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $1,293,848 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $220,200 | QualifyingDistributionsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $108,970 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $111,230 | RemainingDistriFromCorpusAmt |
| Total Corpus | $1,405,078 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $237,116 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $1,167,962 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $224,674 | ExcessFromYear4Amt |
| Excess From Year3 | $420,359 | ExcessFromYear3Amt |
| Excess From Year2 | $205,277 | ExcessFromYear2Amt |
| Excess From Year1 | $206,422 | ExcessFromYear1Amt |
| Excess From Current Year | $111,230 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | Judith Sear | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 35 Watergate Drive 502 | AddressLine1Txt |
| City | Sarasota | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 34236 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 8175260011 | RecipientPhoneNum |
| Form And Info And Materials | No Specific Form | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | None | SubmissionDeadlinesTxt |
| Restrictions On Awards | None | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (3 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|
| Schwab Charitable Fund | |||||
| 211 Main St | San Francisco | CA | 94105 | Unrestricted | $215,000 |
| USEPPA Island Fire and Rescue | |||||
| PO Box 640 | Bokeelia | FL | 33922 | Unrestricted | $5,000 |
| Pine Island Food Pantry | |||||
| 12175 Stringfellow Road | Bokeelia | FL | 33922 | Unrestricted | $200 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $220,200 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $9 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $43,650 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | -$74,819 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $43,659 | ExclusionAmt |
| Related Or Exempt Function Incm | -$74,819 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | -$31,160 | 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 (2 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Noncash ContributionNoncashContributionInd |
|---|---|---|---|---|---|---|
| Tim and Judith Sear | ||||||
| 1 | 35 Watergate Drive 502 | Sarasota | FL | 34236 | $106,948 | Yes (X) |
| Tim and Judith Sear | ||||||
| 2 | 35 Watergate Drive 502 | Sarasota | FL | 34236 | $69,327 | Yes (X) |
Non Cash Property Contribution NonCashPropertyContributionGrp (2 entries)
| ContributorContributorNum | Noncash PropertyNoncashPropertyDesc | Fair Market ValueFairMarketValueAmt |
|---|---|---|
| 1 | 806 Apple Inc | $106,948 |
| 2 | 261 Home Depot | $69,327 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Tax Preparation Fees | CategoryTxt |
| Amt | $2,900 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Investments Land Schedule2 InvestmentsLandSchedule2
Investment Land InvestmentLandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | Land | CategoryOrItemTxt |
| Cost Or Other Basis | $1,100,000 | CostOrOtherBasisAmt |
| Book Value | $1,100,000 | BookValueAmt |
| EOYFMV | $1,100,000 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt |
|---|---|
| Account Fees | $12 |
| Miscellaneous Expense reimbursement | $7,490 |
Substantial Contributors Sch SubstantialContributorsSch
Substantial Contributor Detail SubstantialContributorDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Tim and Judith Sear | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 35 Watergate Drive 502 | AddressLine1Txt |
| City | Sarasota | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 34236 | ZIPCd |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt |
|---|---|
| Foundation Federal Tax | $1,386 |
| O&G Property tax | $230 |
Comments