JAMES AND BRENDA HOYT FOUNDATION: Form 990PF, tax year 2020

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Organization: JAMES AND BRENDA HOYT FOUNDATION (EIN 65-0754834)
Tax period: 2020-01-01 to 2020-12-31
Filed: 2021-11-15
IRS object ID: 202123199349106652
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
Other Expenses Schedule
Other Increases Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2021-11-15T14:32:01-06:00	ReturnTs
Tax Period End	2020-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	381335762	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	COOLEY HEHL SABO & CALKINS PLLC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	1 SOUTH MONROE	AddressLine1Txt
City	MONROE	CityNm
State Abbreviation	MI	StateAbbreviationCd
ZIP	48161	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	650754834	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	JAMES AND BRENDA HOYT FOUNDATION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	JAME	BusinessNameControlTxt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1819 MAIN ST SUITE 610	AddressLine1Txt
City	SARASOTA	CityNm
State Abbreviation	FL	StateAbbreviationCd
ZIP	34236	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	JAMES HOYT	PersonNm
Person Title	PRESIDENT	PersonTitleTxt
Phone	7342417200	PhoneNum
Signature	2021-11-10	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	JAMES	PersonFirstNm
Person Last	HOYT	PersonLastNm

Field	Value	IRS element (for citing)
SSN	XXX-XX-XXXX	SSN

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	NICKLAUS W CALKINS	PreparerPersonNm
PTIN	P00186342	PTIN
Phone	7342417200	PhoneNum
Preparation	2021-11-11	PreparationDt

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)
Name Change	Yes (X)	NameChangeInd
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$5,203,352	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	$5,000,000	ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss	$848	InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm	$848	InterestOnSavNetInvstIncmAmt
Total Rev And Expnss	$5,000,848	TotalRevAndExpnssAmt
Total Net Invst Incm	$848	TotalNetInvstIncmAmt
Other Expenses Rev And Expnss	$537	OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm	$537	OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss	$537	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$537	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$0	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$25,500	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$25,500	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$26,037	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$537	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$25,500	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	$4,974,811	ExcessRevenueOverExpensesAmt
Net Investment Income	$311	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$227,980	CashBOYAmt
Cash EOY	$203,352	CashEOYAmt
Cash EOYFMV	$203,352	CashEOYFMVAmt
Sav And Temp Cash Invst EOY	$5,000,000	SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV	$5,000,000	SavAndTempCashInvstEOYFMVAmt
Total Assets BOY	$227,980	TotalAssetsBOYAmt
Total Assets EOY	$5,203,352	TotalAssetsEOYAmt
Total Assets EOYFMV	$5,203,352	TotalAssetsEOYFMVAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind
Donor Rstr Net Assets BOY	$227,980	DonorRstrNetAssetsBOYAmt
Donor Rstr Net Assets EOY	$5,203,352	DonorRstrNetAssetsEOYAmt
Tot Net Ast Or Fund Balances BOY	$227,980	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$5,203,352	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$227,980	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$5,203,352	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$227,980	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	$4,974,811	ExcessRevenueOverExpensesAmt
Other Increases	$561	OtherIncreasesAmt
Subtotal	$5,203,352	SubtotalAmt
Tot Net Ast Or Fund Balances EOY	$5,203,352	TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$4	InvestmentIncomeExciseTaxAmt
Subtotal	$4	SubtotalAmt
Tax Based On Investment Income	$4	TaxBasedOnInvestmentIncomeAmt
Tax Due	$4	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
Form990 PF Filed With Atty Gen	Yes (true)	Form990PFFiledWithAttyGenInd
Private Operating Foundation	false	PrivateOperatingFoundationInd
New Substantial Contributors	false	NewSubstantialContributorsInd
Own Controlled Entity	false	OwnControlledEntityInd
Donor Advised Fund	false	DonorAdvisedFundInd
Comply With Public Insp Rqr	Yes (true)	ComplyWithPublicInspRqrInd
Website Address	N/A	WebsiteAddressTxt
Individual With Books	SAM D NORTON	IndividualWithBooksNm
Phone	9419544691	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	1819 MAIN ST SUITE 610	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
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 (4 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
JAMES HOYT
1410 HILLIVIEW DRIVE	SARASOTA	FL	34239	PRESIDENT	000.00	$0	$0	$0
CARRIE L HOYT
1410 HILLVIEW DR	SARASOTA	FL	34239	DIRECTOR	000.00	$0	$0	$0
SAM D NORTON
1819 MAIN ST SUITE 610	SARASOTA	FL	34236	SECREATRY/TR	000.00	$0	$0	$0
JAMES L HOYT
4202 DUNBAR RD	MONROE	MI	48161	DIRECTOR	000.00	$0	$0	$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

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Field	Value	IRS element (for citing)
Description1	N/A	Description1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$0	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$433,613	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$433,613	TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast	$433,613	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$6,504	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$427,109	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$21,355	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$21,355	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$4	TaxBasedOnInvestmentIncomeAmt
Total Tax	$4	TotalTaxAmt
Distributable Before Adj	$21,351	DistributableBeforeAdjAmt
Distributable Before Ded	$21,351	DistributableBeforeDedAmt
Distributable As Adjusted	$21,351	DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$25,500	ExpensesAndContributionsAmt
Qualifying Distributions	$25,500	QualifyingDistributionsAmt
Adjusted Qualifying Distri	$25,500	AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$21,351	DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5	$675,191	ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4	$1,309,910	ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3	$2,548,854	ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2	$4,890,308	ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1	$9,430,261	ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov	$18,854,524	TotalExcessDistributionCyovAmt
Qualifying Distributions	$25,500	QualifyingDistributionsAmt
Applied To Current Year	$21,351	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$4,149	RemainingDistriFromCorpusAmt
Total Corpus	$18,858,673	TotalCorpusAmt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5	$675,191	ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr	$18,183,482	ExcessDistriCyovToNextYrAmt
Excess From Year4	$1,309,910	ExcessFromYear4Amt
Excess From Year3	$2,548,854	ExcessFromYear3Amt
Excess From Year2	$4,890,308	ExcessFromYear2Amt
Excess From Year1	$9,430,261	ExcessFromYear1Amt
Excess From Current Year	$4,149	ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (4 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
ALL FAITHS FOOD BANK
8171 BLAIKIE CT	SARASOTA	FL	34240	HUMAN SERVICES	$20,000
BREANNS RIDE
P O BOX 66	ALASON	MI	49706	HUMAN SERVICES	$2,500
VILLAGE OF PELLSTON FIRST RESPONDER
150 MILTON ST	PELLSTON	MI	49769	PUBLIC BENEFIT	$2,500
NMCAA HEATING PROGRAM
3963 THREE MILE RD	TRAVERSE CITY	MI	49686	HUMAN SERVICES	$500

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$25,500	TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$848	ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Exclusion	$848	ExclusionAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$848	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

Field	Value	IRS element (for citing)
Contributor	1	ContributorNum
Contributor Person	JAMES HOYT	ContributorPersonNm

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	1410 HILLVIEW DR	AddressLine1Txt
City	SARASOTA	CityNm
State Abbreviation	FL	StateAbbreviationCd
ZIP	34239	ZIPCd

Field	Value	IRS element (for citing)
Total Contributions	$5,000,000	TotalContributionsAmt
Person Contribution	Yes (X)	PersonContributionInd

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt
EXPENSES
CT CORPORATION	$476	$476
STATE OF FLORIDA	$61	$61

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

Field	Value	IRS element (for citing)
Desc	ADJUSTMENT	Desc
Amt	$561	Amt

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