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ISDELL FOUNDATION: Form 990PF, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
ISDELL FOUNDATION (EIN 22-3341359)
Tax period
2020-01-01 to 2020-12-31
Filed
2021-11-05
IRS object ID
202123099349100327
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)
Return2021-11-05T09:19:16-00:00ReturnTs
Tax Period End2020-12-31TaxPeriodEndDt
Return Type990PFReturnTypeCd
Tax Period Begin2020-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN223341359EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Isdell FoundationBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlISDEBusinessNameControlTxt
Phone2128428915PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1co 1140 6th Avenue 20th FloorAddressLine1Txt
CityNew YorkCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10036ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonKevin TonerPersonNm
Person TitlePresidentPersonTitleTxt
Signature2021-10-19SignatureDt
Discuss With Paid PreparerfalseDiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstKevinPersonFirstNm
Person LastTonerPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
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)
Address ChangeYes (X)AddressChangeInd
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$7,944,678FMVAssetsEOYAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Dividends Rev And Expnss$9,177DividendsRevAndExpnssAmt
Dividends Net Invst Incm$9,177DividendsNetInvstIncmAmt
Cap Gain Net Incm Net Invst Incm$0CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$9,177TotalRevAndExpnssAmt
Total Net Invst Incm$9,177TotalNetInvstIncmAmt
Other Prof Fees Rev And Expnss$194OtherProfFeesRevAndExpnssAmt
Taxes Rev And Expnss$3,200TaxesRevAndExpnssAmt
Trav Conf Meeting Rev And Expnss$33TravConfMeetingRevAndExpnssAmt
Other Expenses Rev And Expnss$2,750OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$2,750OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$6,177TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$2,750TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$1,332,040ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$1,332,040ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$1,338,217TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$2,750TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$1,332,040TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$1,329,040ExcessRevenueOverExpensesAmt
Net Investment Income$6,427NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash EOY$5,838CashEOYAmt
Cash EOYFMV$5,838CashEOYFMVAmt
Sav And Temp Cash Invst BOY$7,650,370SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$235,492SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$235,492SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$46,214CorporateStockBOYAmt
Corporate Stock EOY$6,126,214CorporateStockEOYAmt
Corporate Stock EOYFMV$7,703,348CorporateStockEOYFMVAmt
Total Assets BOY$7,696,584TotalAssetsBOYAmt
Total Assets EOY$6,367,544TotalAssetsEOYAmt
Total Assets EOYFMV$7,944,678TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Capital Stock BOY$1,003,577CapitalStockBOYAmt
Capital Stock EOY$1,003,577CapitalStockEOYAmt
Additional Paid In Capital BOY$17,446AdditionalPaidInCapitalBOYAmt
Additional Paid In Capital EOY$17,446AdditionalPaidInCapitalEOYAmt
Retained Earning BOY$6,675,561RetainedEarningBOYAmt
Retained Earning EOY$5,346,521RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$7,696,584TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$6,367,544TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$7,696,584TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$6,367,544TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$7,696,584TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$1,329,040ExcessRevenueOverExpensesAmt
Subtotal$6,367,544SubtotalAmt
Tot Net Ast Or Fund Balances EOY$6,367,544TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$89InvestmentIncomeExciseTaxAmt
Subtotal$89SubtotalAmt
Tax Based On Investment Income$89TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$3,863EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$3,863TotalPaymentsAndCreditsAmt
Original Return Tax Paid$3,863OriginalReturnTaxPaidAmt
Overpayment$3,774OverpaymentAmt
Applied To ES Tax$3,774AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
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 StateNYOrgReportOrRegisterStateCd
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 Addresswww.isdell.orgWebsiteAddressTxt
Phone2128428915PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line11140 6th Avenue 20th FloorAddressLine1Txt
CityNew YorkCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10036ZIPCd
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
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsYes (true)GrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Transactions Fail To Qlfy As ExcfalseTransactionsFailToQlfyAsExcInd
Maintained Expenditure RspnsYes (true)MaintainedExpenditureRspnsInd
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 (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
Kevin Toner
33 West 71st StreetNew YorkNY10023President000.00$0
Robert Lynch
270 Broadway Apt 22ANew YorkNY10007Director000.00$0

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt
Expenses1$0Expenses1Amt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1NoneDescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$4,192,212AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$3,544,450AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$7,736,662TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$7,736,662AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$116,050CashDeemedCharitableAmt
Net Vl Noncharitable Assets$7,620,612NetVlNoncharitableAssetsAmt
Minimum Investment Return$381,031MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$381,031MinimumInvestmentReturnAmt
Tax Based On Investment Income$89TaxBasedOnInvestmentIncomeAmt
Total Tax$89TotalTaxAmt
Distributable Before Adj$380,942DistributableBeforeAdjAmt
Distributable Before Ded$380,942DistributableBeforeDedAmt
Distributable As Adjusted$380,942DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$1,332,040ExpensesAndContributionsAmt
Qualifying Distributions$1,332,040QualifyingDistributionsAmt
Adjusted Qualifying Distri$1,332,040AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$380,942DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$71,215ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$753,822ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr2$418,730ExcessDistributionCyovYr2Amt
Total Excess Distribution Cyov$1,243,767TotalExcessDistributionCyovAmt
Qualifying Distributions$1,332,040QualifyingDistributionsAmt
Applied To Current Year$380,942AppliedToCurrentYearAmt
Remaining Distri From Corpus$951,098RemainingDistriFromCorpusAmt
Total Corpus$2,194,865TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$71,215ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$2,123,650ExcessDistriCyovToNextYrAmt
Excess From Year4$753,822ExcessFromYear4Amt
Excess From Year2$418,730ExcessFromYear2Amt
Excess From Current Year$951,098ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerKevin TonerContributingManagerNm
Shareholder ManagerNoneShareholderManagerNm

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonKevin TonerRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1co 1140 6th Avenue 20th FlAddressLine1Txt
CityNew YorkCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10036ZIPCd
FieldValueIRS element (for citing)
Recipient Phone2128428900RecipientPhoneNum
Form And Info And MaterialsSubmit in writing with detailed explanations of purposes and objectives of the programFormAndInfoAndMaterialsTxt
Submission DeadlinesDecember 31 of each yearSubmissionDeadlinesTxt
Restrictions On AwardsNoneRestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (8 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmtAddress Line1RecipientForeignAddress/AddressLine1TxtCityRecipientForeignAddress/CityNmCountryRecipientForeignAddress/CountryCd
York Preparatory School
40 West 68th StreetNew YorkNY10023PCEducation$50,040
Food not Bombs
PO Box 422Santa CruzCA95061PCFood for the Poor$10,000
Catskill Art Society
48 Main Street PO box 991Livingston ManorNY12758PCArt Museum Renovation$25,000
Student Sponsor Partners
123 East 43rd St Suite 429New YorkNY10017PCEducation$200,000
Spence School
22 East 91st StreetNew YorkNY10128PCEducation$5,000
The Green Dragons Fund
Vanguard Charitable PO Box 9509WarwickRI02889PCDonor Advised Fund$1,000,000
Gettysburg College
300 North Washington StreetGettysburgPA17325PCEducation$5,000
Fundacion Alianza Natural
NCAssist Indigenous Community$37,000Carrera 75 167-89BogotaCO
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$1,332,040TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$9,177ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$9,177ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$9,177TotalIncomeProducingActyAmt

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

FieldValueIRS element (for citing)
Line Number1LineNumberTxt
Relationship StatementNOT APPLICABLERelationshipStatementTxt

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

Transfer Schedule Detail TransferScheduleDetail

Noncharitable Exempt Org Name NoncharitableExemptOrgName

FieldValueIRS element (for citing)
Business Name Line1Not applicableBusinessNameLine1Txt
FieldValueIRS element (for citing)
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Expenditure Responsibility Stmt ExpenditureResponsibilityStmt

Expenditure Responsibility ExpenditureResponsibilityGrp

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Fundacion Alianza NaturalBusinessNameLine1Txt

Foreign Address ForeignAddress

FieldValueIRS element (for citing)
Address Line1Carrera 75 167-89AddressLine1Txt
CityBogotaCityNm
CountryCOCountryCd
FieldValueIRS element (for citing)
Grant2020-12-14GrantDt
Grant$37,000GrantAmt
Purpose Of GrantRestricted for the development of a sustainability project for the indigenous communities of Carpintero and Palomas Reservation in the departments of Guania and Vichada.PurposeOfGrantTxt
Expended By Grantee$37,000ExpendedByGranteeAmt
Any Diversion By GranteeNoAnyDiversionByGranteeTxt
Dates Of Reports By Grantee7/15/21DatesOfReportsByGranteeTxt
Verification2021-07-15VerificationDt
Results Of VerificationN/AResultsOfVerificationTxt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
53497 shares of Tullow Oil Irish Company$46,214$21,631
2752 shares of Aristeia International Limited$6,080,000$7,681,717

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp

FieldValueIRS element (for citing)
DescCustodial ExpenseDesc
Revenue And Expenses Per Books$2,750RevenueAndExpensesPerBooksAmt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryDomestic RepresentationCategoryTxt
Amt$194Amt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryFederal Investment Income Excise TaxCategoryTxt
Amt$3,200Amt

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