BETA

HEISER FOUNDATION INC: Form 990PF, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
HEISER FOUNDATION INC (EIN 59-3670526)
Tax period
2020-01-01 to 2020-12-31
Filed
2021-11-19
IRS object ID
202123239349100902
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 ReturnHeader

FieldValueIRS element (for citing)
Return2021-11-19T14:16:50-06:00ReturnTs
Tax Period End2020-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN813654053PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CERTIFIED FINANCIAL & TAXBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line126 OFFICE PARK DRAddressLine1Txt
CityPALM COASTCityNm
State AbbreviationFLStateAbbreviationCd
ZIP32137ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2020-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN593670526EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE HEISER FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlHEISBusinessNameControlTxt
Phone3869869414PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line110 BEACH STREETAddressLine1Txt
CityST AUGUSTINECityNm
State AbbreviationFLStateAbbreviationCd
ZIP32080ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonSTEVE BARNIERPersonNm
Person TitleSECRETARYPersonTitleTxt
Phone3869869414PhoneNum
Signature2021-11-19SignatureDt

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstSTEVEPersonFirstNm
Person LastBARNIERPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonSTEPHEN BARNIER CPAPreparerPersonNm
PTINP00646386PTIN
Phone3864454997PhoneNum
Preparation2021-11-19PreparationDt
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$0FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$600ContriRcvdRevAndExpnssAmt
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Dividends Rev And Expnss$85,007DividendsRevAndExpnssAmt
Dividends Net Invst Incm$85,007DividendsNetInvstIncmAmt
Dividends Adj Net Incm$85,007DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss$51,107NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$51,107GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$51,107CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss$125OtherIncomeRevAndExpnssAmt
Other Income Adj Net Incm$125OtherIncomeAdjNetIncmAmt
Total Rev And Expnss$136,839TotalRevAndExpnssAmt
Total Net Invst Incm$136,114TotalNetInvstIncmAmt
Total Adj Net Incm$85,132TotalAdjNetIncmAmt
Legal Fees Rev And Expnss$12,819LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm$12,819LegalFeesNetInvstIncmAmt
Other Prof Fees Rev And Expnss$20,313OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$20,313OtherProfFeesNetInvstIncmAmt
Trav Conf Meeting Rev And Expnss$1,154TravConfMeetingRevAndExpnssAmt
Trav Conf Meeting Net Invst Incm$1,154TravConfMeetingNetInvstIncmAmt
Other Expenses Rev And Expnss$90,128OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$25,928OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl$89,200OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$124,414TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$60,214TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$89,200TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$132,900ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$132,900ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$257,314TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$60,214TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$222,100TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$120,475ExcessRevenueOverExpensesAmt
Net Investment Income$75,900NetInvestmentIncomeAmt
Adjusted Net Income$85,132AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$60,176CashBOYAmt
Cash EOY$3,925CashEOYAmt
Other Investments BOY$3,616,510OtherInvestmentsBOYAmt
Other Investments EOY$3,854,741OtherInvestmentsEOYAmt
Total Assets BOY$3,676,686TotalAssetsBOYAmt
Total Assets EOY$3,858,666TotalAssetsEOYAmt
Total Assets EOYFMV$0TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$3,676,686NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$3,858,666NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$3,676,686TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$3,858,666TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$3,676,686TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$3,858,666TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$3,676,686TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$120,475ExcessRevenueOverExpensesAmt
Other Increases$302,455OtherIncreasesAmt
Subtotal$3,858,666SubtotalAmt
Tot Net Ast Or Fund Balances EOY$3,858,666TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

FieldValueIRS element (for citing)
Capital Gain Net Income$51,107CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$1,055InvestmentIncomeExciseTaxAmt
Subtotal$1,055SubtotalAmt
Tax Based On Investment Income$1,055TaxBasedOnInvestmentIncomeAmt
Extsn Request Income Tax Paid$1,055ExtsnRequestIncomeTaxPaidAmt
Total Payments And Credits$1,055TotalPaymentsAndCreditsAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$9EsPenaltyAmt
Tax Due$9TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
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 StateFLOrgReportOrRegisterStateCd
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.THEHEISERFOUNDATION.ORGWebsiteAddressTxt
Individual With BooksSTEVE BARNIERIndividualWithBooksNm
Phone3869869414PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line126 OFFICE PARK DRIVEAddressLine1Txt
CityPALM COASTCityNm
State AbbreviationFLStateAbbreviationCd
ZIP32137ZIPCd
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
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
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 (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
STEVE BARNIER
26 OFFICE PARK DRIVEPALM COASTFL32137SECRETARY5.00$0$0$0
GARY SHERWOOD
10238 JAMES RIVER ROADSHIPMANVA22974PRESIDENT5.00$0$0$0
LINDA KEITH
10 BEACH STREETST AUGUSTINEFL32080TREASURER5.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1SUPPORT FOR CHILDREN WITH MILITARY CONNECTION AND ORGANIZATIONS THAT SUPPORT CHILDREN WITH MILITARY CONNECTIONS. INCLUDES SCHOLARSHIPS TO STUDENTS AND GRANTS TO ORGANIZATIONS.Description1Txt
Expenses1$222,100Expenses1Amt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$3,735,626AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$32,050AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$3,767,676TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$3,767,676AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$56,515CashDeemedCharitableAmt
Net Vl Noncharitable Assets$3,711,161NetVlNoncharitableAssetsAmt
Minimum Investment Return$185,558MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$185,558MinimumInvestmentReturnAmt
Tax Based On Investment Income$1,055TaxBasedOnInvestmentIncomeAmt
Total Tax$1,055TotalTaxAmt
Distributable Before Adj$184,503DistributableBeforeAdjAmt
Distributable Before Ded$184,503DistributableBeforeDedAmt
Distributable As Adjusted$184,503DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$222,100ExpensesAndContributionsAmt
Qualifying Distributions$222,100QualifyingDistributionsAmt
Adjusted Qualifying Distri$222,100AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$184,503DistributableAsAdjustedAmt
Undistributed Income PY$63,235UndistributedIncomePYAmt
Qualifying Distributions$222,100QualifyingDistributionsAmt
Applied To Year1$63,235AppliedToYear1Amt
Applied To Current Year$158,865AppliedToCurrentYearAmt
Undistributed Income CY$25,638UndistributedIncomeCYAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1TEENS IN FLIGHTBusinessNameLine1Txt

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line123 FELWOOD LANEAddressLine1Txt
CityPALM COASTCityNm
State AbbreviationFLStateAbbreviationCd
ZIP32137ZIPCd
FieldValueIRS element (for citing)
Grant Or Contribution PurposeMILITARY TEEN PILOTING PROGRAMGrantOrContributionPurposeTxt
Amt$132,900Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$132,900TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion25ExclusionCd

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion25ExclusionCd
Exclusion$85,007ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$51,107RelatedOrExemptFunctionIncmAmt

Other Revenue Described OtherRevenueDescribedGrp (2 entries)

DescDescExclusionExclusionCdRelated Or Exempt Function IncmRelatedOrExemptFunctionIncmAmt
HEISER ESTATE & TRUST25
$125

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$85,007ExclusionAmt
Related Or Exempt Function Incm$51,232RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$136,239TotalIncomeProducingActyAmt

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp (2 entries)

Line NumberLineNumberTxtRelationship StatementRelationshipStatementTxt
4DIVIDENDS USED FOR CHARITABLE PURPOSES
7INVESTMENT INCOME USED FOR CHARITABLE PURPOSES

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
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Compensation Explanation CompensationExplanation

Compensation Explanation CompensationExplanationGrp

FieldValueIRS element (for citing)
PersonSTEVE BARNIERPersonNm
Short ExplanationOFFICERShortExplanationTxt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (8 entries)

Category Or ItemCategoryOrItemTxtListed At Cost Or FMVListedAtCostOrFMVCdBook ValueBookValueAmt
TD AMERITRADEFMV$541,045
LPL (1061-1866)FMV$416,672
LPL (7716-1370)FMV$757,827
LPL (1713-1665)FMV$21,438
BB&T INVESTMENTSFMV$720,282
COMMUNITY FIRST SAVINGSFMV$20,395
LINCOLN FINANCIALFMV$159,094
VANGUARDFMV$1,217,988

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

FieldValueIRS element (for citing)
CategoryINDIRECT LEGAL FEESCategoryTxt
Legal Fees$12,819LegalFeesAmt
Net Investment Income$12,819NetInvestmentIncomeAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
EXPENSES
SCHOLARSHIPS$25,000$25,000$25,000
GRANTS$64,200$64,200
OPERATION COSTS$928$928

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

FieldValueIRS element (for citing)
Revenue And Expenses Per Books$125RevenueAndExpensesPerBooksAmt
Adjusted Net Income$125AdjustedNetIncomeAmt

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

FieldValueIRS element (for citing)
DescUNREALIZED GAIN/LOSS ON INVESTMENTSDesc
Amt$302,455Amt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmt
FINANCIAL ADVISOR$20,313$20,313
OTHER

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