EXCELSIOR FOUNDATION TR: Form 990PF, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
EXCELSIOR FOUNDATION TR (EIN 51-6508171)
Tax period
2020-01-01 to 2020-12-31
Filed
2021-09-17
IRS object ID
202122609349100807
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 ReturnHeader

FieldValueIRS element (for citing)
Return2021-09-17T13:28:10-05:00ReturnTs
Tax Period End2020-12-31TaxPeriodEndDt
Return Type990PFReturnTypeCd
Tax Period Begin2020-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN516508171EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1EXCELSIOR FOUNDATIONBusinessNameLine1Txt
Business Name Line2C/O WILMINGTON TRUST CO 009126-000BusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlEXCEBusinessNameControlTxt
Phone3026518571PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11100 NORTH MARKET ST DE3-C070AddressLine1Txt
CityWILMINGTONCityNm
State AbbreviationDEStateAbbreviationCd
ZIP198900001ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonPETE HINTONPersonNm
Person TitleOFFICER WIL TR TRUSTEEPersonTitleTxt
Phone3026511772PhoneNum
Signature2021-09-17SignatureDt

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstPETEPersonFirstNm
Person LastHINTONPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer3TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
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$466,016FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Dividends Rev And Expnss$7,786DividendsRevAndExpnssAmt
Dividends Net Invst Incm$7,786DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$12,839NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$20,000GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$12,839CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$20,625TotalRevAndExpnssAmt
Total Net Invst Incm$20,625TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$183CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm$92CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl$91CompOfcrDirTrstDsbrsChrtblAmt
Accounting Fees Rev And Expnss$62AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$31AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps$31AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss$122OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$122OtherProfFeesNetInvstIncmAmt
Other Prof Fees Dsbrs Chrtbl$0OtherProfFeesDsbrsChrtblAmt
Taxes Rev And Expnss$90TaxesRevAndExpnssAmt
Taxes Net Invst Incm$0TaxesNetInvstIncmAmt
Taxes Dsbrs Chrtbl$0TaxesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$457TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$245TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$122TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$20,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$20,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$20,457TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$245TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$20,122TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$168ExcessRevenueOverExpensesAmt
Net Investment Income$20,380NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$3,371SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$10,743SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$10,743SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$212,955CorporateStockBOYAmt
Corporate Stock EOY$205,794CorporateStockEOYAmt
Corporate Stock EOYFMV$455,273CorporateStockEOYFMVAmt
Total Assets BOY$216,326TotalAssetsBOYAmt
Total Assets EOY$216,537TotalAssetsEOYAmt
Total Assets EOYFMV$466,016TotalAssetsEOYFMVAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Capital Stock BOY$216,326CapitalStockBOYAmt
Capital Stock EOY$216,537CapitalStockEOYAmt
Additional Paid In Capital BOY$0AdditionalPaidInCapitalBOYAmt
Additional Paid In Capital EOY$0AdditionalPaidInCapitalEOYAmt
Retained Earning BOY$0RetainedEarningBOYAmt
Retained Earning EOY$0RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$216,326TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$216,537TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$216,326TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$216,537TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$216,326TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$168ExcessRevenueOverExpensesAmt
Other Increases$43OtherIncreasesAmt
Subtotal$216,537SubtotalAmt
Other Decreases$0OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$216,537TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
Property229.0950PropertyDesc
How AcquiredPHowAcquiredCd
Acquired2008-09-03AcquiredDt
Sold2020-11-05SoldDt
Gross Sales Price$20,000GrossSalesPriceAmt
Cost Or Other Basis$7,161CostOrOtherBasisAmt
Gain Or Loss$12,839GainOrLossAmt
Gains Minus Excess Or Losses$12,839GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income$12,839CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$283InvestmentIncomeExciseTaxAmt
Tax Under Section511$0TaxUnderSection511Amt
Subtotal$283SubtotalAmt
Subtitle A Tax$0SubtitleATaxAmt
Tax Based On Investment Income$283TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$0EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce$0ExemptFrgnOrgTaxWthldAtSrceAmt
Extsn Request Income Tax Paid$495ExtsnRequestIncomeTaxPaidAmt
Backup Withholding Withheld$0BackupWithholdingWithheldAmt
Total Payments And Credits$495TotalPaymentsAndCreditsAmt
Es Penalty$0EsPenaltyAmt
Overpayment$212OverpaymentAmt
Applied To ES Tax$212AppliedToESTaxAmt
Refund$0RefundAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political Acty0LegislativePoliticalActyInd
More Than100 Spent0MoreThan100SpentInd
Form1120 POL Filed0Form1120POLFiledInd
Section4955 Organization Tax$0Section4955OrganizationTaxAmt
Section4955 Managers Tax$0Section4955ManagersTaxAmt
Tax Reimbursed$0TaxReimbursedAmt
Activities Not Previously Rpt0ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws0ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc0OrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (1)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (1)AtLeast5000InAssetsInd
Org Report Or Register StateDEOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (1)Form990PFFiledWithAttyGenInd
Private Operating Foundation0PrivateOperatingFoundationInd
New Substantial Contributors0NewSubstantialContributorsInd
Own Controlled Entity0OwnControlledEntityInd
Donor Advised Fund0DonorAdvisedFundInd
Comply With Public Insp RqrYes (1)ComplyWithPublicInspRqrInd
Website AddressNO INTERNET WEB SITEWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1WILMINGTON TRUST (A PATNI)BusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3026518571PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line11100 NORTH MARKET STREETAddressLine1Txt
CityWILMINGTONCityNm
State AbbreviationDEStateAbbreviationCd
ZIP198900001ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts Question0ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified Prsn0SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn0BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn0FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnYes (1)PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn0TransferAstDisqualifiedPrsnInd
Payment To Government Official0PaymentToGovernmentOfficialInd
Acts Fail To Qlfy As Exceptions0ActsFailToQlfyAsExceptionsInd
Uncorrected Prior Acts0UncorrectedPriorActsInd
Undistributed Income PY0UndistributedIncomePYInd
Business Holdings0BusinessHoldingsInd
Jeopardy Investments0JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst0UncorrectedPYJeopardyInvstInd
Influence Legislation0InfluenceLegislationInd
Influence Election0InfluenceElectionInd
Grants To Individuals0GrantsToIndividualsInd
Grants To Organizations0GrantsToOrganizationsInd
Noncharitable Purpose0NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
WILMINGTON TRUST COMPANY
1100 MARKET STREETWILMINGTONDE19890TRUSTEE1.00$183$0$0
NANCY MILLIKEN
P O BOX 1926SPARTANBURGSC29304ADVISOR1.00$0$0$0
JUSTINE V R RUSSELL
P O BOX 1926SPARTANBURGSC29304ADVISOR1.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k0OtherEmployeePaidOver50kCnt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt
Contractor Paid Over50k0ContractorPaidOver50kCnt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$414,814AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$6,651AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$421,465TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$421,465AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$6,322CashDeemedCharitableAmt
Net Vl Noncharitable Assets$415,143NetVlNoncharitableAssetsAmt
Minimum Investment Return$20,757MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$20,757MinimumInvestmentReturnAmt
Tax Based On Investment Income$283TaxBasedOnInvestmentIncomeAmt
Total Tax$283TotalTaxAmt
Distributable Before Adj$20,474DistributableBeforeAdjAmt
Recoveries Qualfied Distri$0RecoveriesQualfiedDistriAmt
Distributable Before Ded$20,474DistributableBeforeDedAmt
Deduction From Distributable$0DeductionFromDistributableAmt
Distributable As Adjusted$20,474DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$20,122ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Qualifying Distributions$20,122QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$0PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$20,122AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$20,474DistributableAsAdjustedAmt
Undistributed Income PY$17,833UndistributedIncomePYAmt
Total For Prior Years$0TotalForPriorYearsAmt
Total Excess Distribution Cyov$0TotalExcessDistributionCyovAmt
Qualifying Distributions$20,122QualifyingDistributionsAmt
Applied To Year1$17,833AppliedToYear1Amt
Applied To Prior Years$0AppliedToPriorYearsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$2,289AppliedToCurrentYearAmt
Remaining Distri From Corpus$0RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus$0ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$0ExcessDistributionCyovAppCYAmt
Total Corpus$0TotalCorpusAmt
Prior Year Undistributed Incm$0PriorYearUndistributedIncmAmt
Prior Year Deficiency Or Tax$0PriorYearDeficiencyOrTaxAmt
Taxable1$0Taxable1Amt
Taxable2$0Taxable2Amt
Undistributed Income CY$18,185UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3$0CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov From Yr5$0ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$0ExcessDistriCyovToNextYrAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (6 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
ATLAS ECONOMIC RESEARCH FOUNDATION
1201 L ST NWWASHINGTONDC20005NO REL'NTAX EXEMPT PUBLIC CHTAX EXEMPT CHARITABLE PURPOSE$3,500
CITIZENS AGAINST GOVERNMENT WASTE
1100 CONNECTICUT AVE NW 650WASHINGTONDC20036NO REL'NTAX EXEMPT PUBLIC CHTAX EXEMPT CHARITABLE PURPOSE$3,000
NATIONAL RIGHT TO WORK LEGAL DEFENSE FDN
8001 BRADDOCK RDSPRINGFIELDVA22160NO REL'NTAX EXEMPT PUBLIC CHTAX EXEMPT CHARITABLE PURPOSE$3,500
PIONEER INSTITUTE INC
185 DEVONSHIRE STREETBOSTONMA02110NO REL'NTAX EXEMPT PUBLIC CHTAX EXEMPT CHARITABLE PURPOSE$3,000
ROXBURY LATIN SCHOOL INC
101 ST THERESA AVEWEST ROXBURYMA02132NO REL'NTAX EXEMPT PUBLIC CHTAX EXEMPT CHARITABLE PURPOSE$3,000
WASHINGTON LEGAL FOUNDATION
2009 MASSACHUSETTS AVE NWWASHINGTONDC20036NO REL'NTAX EXEMPT PUBLIC CHTAX EXEMPT CHARITABLE PURPOSE$4,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$20,000TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut$0TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$7,786ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$12,839ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Unrelated Business Taxbl Incm$0UnrelatedBusinessTaxblIncmAmt
Exclusion$20,625ExclusionAmt
Related Or Exempt Function Incm$0RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$20,625TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO0TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO0TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets0SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO0PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets0RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements0ReimbursementArrangementsInd
Loans Or Loan Guarantees0LoansOrLoanGuaranteesInd
Performance Of Services Etc0PerformanceOfServicesEtcInd
Sharing Of Facilities Etc0SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO0RelationshipsNonchrtblEOInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryADMINISTRATIVE FEESCategoryTxt
Amt$62Amt
Net Investment Income$31NetInvestmentIncomeAmt
Disbursements Charitable Prps$31DisbursementsCharitablePrpsAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (3 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
FPA NEW INCOME FUND$62,036$62,410
VANGUARD SHORT TERM INVEST GRADE ADMIRAL$62,118$65,129
VANGUARD TOTAL STOCK MARKET INDEX$81,640$327,734

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

FieldValueIRS element (for citing)
DescMUTUAL FUND ADJUSTMENTDesc
Amt$43Amt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryINVESTMENT FEECategoryTxt
Amt$122Amt
Net Investment Income$122NetInvestmentIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
Category990PF PRIOR YEAR EXCISE TAXCategoryTxt
Amt$90Amt
Net Investment Income$0NetInvestmentIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

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