WEBB FAMILY FOUNDATION: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- WEBB FAMILY FOUNDATION (EIN 20-0864199)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-11-05
- IRS object ID
- 202133099349100768
- 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
- Form 990-PF
- Schedule B
- Accounting Fees Schedule
- Other Assets Schedule
- Other Decreases Schedule
- Other Professional Fees Schedule
- Reasonable Cause Explanation
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-11-05T10:14:32-05:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 261101800 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GW & WADE LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 93 WORCESTER STREET | AddressLine1Txt |
| City | WELLESLEY | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 024813609 | 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 | 200864199 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WEBB FAMILY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | WEBB | BusinessNameControlTxt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1060 | AddressLine1Txt |
| City | LOS GATOS | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 950311060 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MAYNARD WEBB | PersonNm |
| Person Title | DIRECTOR | PersonTitleTxt |
| Signature | 2021-11-05 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | MAYNARD | PersonFirstNm |
| Person Last | WEBB | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JOHN S MURRAY | PreparerPersonNm |
| PTIN | P00830369 | PTIN |
| Phone | 7812391188 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| 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 | $13,076,517 | 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 | $1,112,877 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $140,419 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $140,419 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $140,419 | DividendsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $829,617 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $2,461,373 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $829,617 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $2,082,913 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $970,036 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $140,419 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $0 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $17,940 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $58,440 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $0 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $0 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $3,384 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $0 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $79,764 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $0 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,041,380 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,041,380 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,121,144 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $0 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,041,380 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $961,769 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $970,036 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $140,419 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Assets BOY | $8,101,858 | OtherAssetsBOYAmt |
| Other Assets EOY | $8,026,437 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $13,076,517 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $8,101,858 | TotalAssetsBOYAmt |
| Total Assets EOY | $8,026,437 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $13,076,517 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $8,101,858 | CapitalStockBOYAmt |
| Capital Stock EOY | $8,026,437 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $0 | RetainedEarningBOYAmt |
| Retained Earning EOY | $0 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $8,101,858 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $8,026,437 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $8,101,858 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $8,026,437 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $8,101,858 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $961,769 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $9,063,627 | SubtotalAmt |
| Other Decreases | $1,037,190 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $8,026,437 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (5 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|
| NFS ST | $123,288 | $151,083 | -$27,795 | -$27,795 | |
| NFS LT | $943,011 | $869,997 | $73,014 | $73,014 | |
| NFS LT | $1,166,567 | $610,676 | $555,891 | $555,891 | |
| NFS LT | $220 | $220 | $220 | ||
| CAPITAL GAINS DIVIDENDS | $228,287 | $228,287 | $228,287 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $829,617 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $601,330 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $13,484 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $13,484 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $13,484 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $4,904 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $4,904 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Tax Due | $8,580 | TaxDueAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | CA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | 0 | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | GW WADE INC | IndividualWithBooksNm |
| Phone | 7812391188 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 93 WORCESTER STREET | AddressLine1Txt |
| City | WELLESLEY | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02481 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | 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 | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| MAYNARD G WEBB JR | ||||||||
| PO BOX 1060 | LOS GATOS | CA | 95030 | CHAIRMAN, CFO, DIRECTOR | 0.00 | $0 | $0 | $0 |
| IRENE C WEBB | ||||||||
| PO BOX 1060 | LOS GATOS | CA | 95030 | PRESIDENT, SECRETARY, DIRE | 0.00 | $0 | $0 | $0 |
| KEVIN WEBB | ||||||||
| PO BOX 1060 | LOS GATOS | CA | 95030 | MEMBER | 0.00 | $0 | $0 | $0 |
| LAURA WEBB | ||||||||
| PO BOX 1060 | LOS GATOS | CA | 95030 | MEMBER | 0.00 | $0 | $0 | $0 |
| MITCH WEBB | ||||||||
| PO BOX 1060 | LOS GATOS | CA | 95030 | MEMBER | 0.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $10,669,911 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $0 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $10,669,911 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $10,669,911 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $160,049 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $10,509,862 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $525,493 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $525,493 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $13,484 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $13,484 | TotalTaxAmt |
| Distributable Before Adj | $512,009 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $512,009 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $512,009 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,041,380 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $1,041,380 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $1,041,380 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $512,009 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $162,894 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $37,784 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $21,947 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $123,473 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $138,123 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $484,221 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,041,380 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $512,009 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $529,371 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $1,013,592 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $162,894 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $850,698 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $37,784 | ExcessFromYear4Amt |
| Excess From Year3 | $21,947 | ExcessFromYear3Amt |
| Excess From Year2 | $123,473 | ExcessFromYear2Amt |
| Excess From Year1 | $138,123 | ExcessFromYear1Amt |
| Excess From Current Year | $529,371 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | MAYNARD G WEBB JR | ContributingManagerNm |
| Contributing Manager | IRENE C WEBB | ContributingManagerNm |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | MAYNARD IRENE WEBB CO GW WADE INC | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 93 WORCESTER STREET | AddressLine1Txt |
| City | WELLESLEY | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02481 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 7812391188 | RecipientPhoneNum |
| Form And Info And Materials | NONE | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | NONE | SubmissionDeadlinesTxt |
| Restrictions On Awards | NONE | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (15 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line1RecipientForeignAddress/AddressLine1Txt | CityRecipientForeignAddress/CityNm | CountryRecipientForeignAddress/CountryCd |
|---|---|---|---|---|---|---|---|---|---|
| BREAKTHROUGH SILICON VALLEY | |||||||||
| 1635 PARK AVE | SAN JOSE | CA | 95126 | NONE | GENERAL | $100,000 | |||
| COLLEGE TRACK | |||||||||
| 436 14TH STREET 5 | OAKLAND | CA | 94612 | NONE | GENERAL | $125,000 | |||
| ELEVATE ORLANDO | |||||||||
| 2700 WESTHALL LANE 138 | MAITLAND | FL | 32751 | NONE | GENERAL | $75,000 | |||
| KIPP BAY AREA SCHOOLS | |||||||||
| 144 FRANKLIN STREET SUITE 500 | OAKLAND | CA | 94612 | NONE | GENERAL | $200,000 | |||
| UCSF BENIOFF CHILDREN'S HOSPITAL | |||||||||
| 220 MONTGOOMERY STREET | SAN FRANCISCO | CA | 94104 | NONE | GENERAL | $25,000 | |||
| UCSF COVID RESEARCH | |||||||||
| 220 MONTGOOMERY STREET | SAN FRANCISCO | CA | 94104 | NONE | GENERAL | $25,000 | |||
| WILDLIFE WARRIORS | |||||||||
| NONE | GENERAL | $3,403 | PO BOX 29 | BEERWAH | AS | ||||
| KANGAROO ISLAND MAYORAL FUND | |||||||||
| NONE | GENERAL | $2,978 | PO BOX 29 | BEERWAH | AS | ||||
| SECOND HARVEST FOODBANK | |||||||||
| 6969 SILVER CREST ROAD | NAZARETH | PA | 18064 | NONE | GENERAL | $83,333 | |||
| SECOND HARVEST FOODBANK | |||||||||
| 6969 SILVER CREST ROAD | NAZARETH | PA | 18064 | NONE | GENERAL | $83,333 | |||
| FOODBANK OF NYC | |||||||||
| 39 BROADWAY 10TH FLOOR | NEW YORK | NY | 10006 | NONE | GENERAL | $83,333 | |||
| PROJECT HOPE | |||||||||
| PO BOX 5029 | HAGERSTOWN | MD | 21741 | NONE | GENERAL | $125,000 | |||
| FIRST RESPONDERS CHILDRENS FOUNDATION | |||||||||
| 38 E 32ND STREET SUITE 602 | NEW YORK | NY | 10016 | NONE | GENERAL | $50,000 | |||
| NURSES HOUSE INC | |||||||||
| 2113 WESTERN AVE 2 | GUILDERLAND | NY | 12084 | NONE | GENERAL | $50,000 | |||
| AMERICAN RED CROSS | |||||||||
| 2960 SOQUEL AVE | SANTA CRUZ | CA | 95062 | NONE | GENERAL | $10,000 | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,041,380 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $140,419 | RelatedOrExemptFunctionIncmAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $829,617 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $0 | ExclusionAmt |
| Related Or Exempt Function Incm | $970,036 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $970,036 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp (2 entries)
| Line NumberLineNumberTxt | Relationship StatementRelationshipStatementTxt |
|---|---|
| 4 | INVESTMENT INCOME |
| 8 | INVESTMENT GAINS |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (22 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd |
|---|---|---|---|---|---|---|
| MAYNARD G WEBB JR | ||||||
| 1 | PO BOX 1060 | LOS GATOS | CA | 950311060 | $1,112,877 | Yes (X) |
| MAYNARD G WEBB JR | ||||||
| 2 | PO BOX 1060 | LOS GATOS | CA | 950311060 | $1,112,877 | Yes (X) |
| MAYNARD G WEBB JR | ||||||
| 3 | PO BOX 1060 | LOS GATOS | CA | 950311060 | $1,112,877 | Yes (X) |
| MAYNARD G WEBB JR | ||||||
| 4 | PO BOX 1060 | LOS GATOS | CA | 950311060 | $1,112,877 | Yes (X) |
| MAYNARD G WEBB JR | ||||||
| 5 | PO BOX 1060 | LOS GATOS | CA | 950311060 | $1,112,877 | Yes (X) |
| MAYNARD G WEBB JR | ||||||
| 6 | PO BOX 1060 | LOS GATOS | CA | 950311060 | $1,112,877 | Yes (X) |
| MAYNARD G WEBB JR | ||||||
| 7 | PO BOX 1060 | LOS GATOS | CA | 950311060 | $1,112,877 | Yes (X) |
| MAYNARD G WEBB JR | ||||||
| 8 | PO BOX 1060 | LOS GATOS | CA | 950311060 | $1,112,877 | Yes (X) |
| MAYNARD G WEBB JR | ||||||
| 9 | PO BOX 1060 | LOS GATOS | CA | 950311060 | $1,112,877 | Yes (X) |
| MAYNARD G WEBB JR | ||||||
| 10 | PO BOX 1060 | LOS GATOS | CA | 950311060 | $1,112,877 | Yes (X) |
| MAYNARD G WEBB JR | ||||||
| 11 | PO BOX 1060 | LOS GATOS | CA | 950311060 | $1,112,877 | Yes (X) |
| MAYNARD G WEBB JR | ||||||
| 12 | PO BOX 1060 | LOS GATOS | CA | 950311060 | $1,112,877 | Yes (X) |
| MAYNARD G WEBB JR | ||||||
| 13 | PO BOX 1060 | LOS GATOS | CA | 950311060 | $1,112,877 | Yes (X) |
| MAYNARD G WEBB JR | ||||||
| 14 | PO BOX 1060 | LOS GATOS | CA | 950311060 | $1,112,877 | Yes (X) |
| MAYNARD G WEBB JR | ||||||
| 15 | PO BOX 1060 | LOS GATOS | CA | 950311060 | $1,112,877 | Yes (X) |
| MAYNARD G WEBB JR | ||||||
| 16 | PO BOX 1060 | LOS GATOS | CA | 950311060 | $1,112,877 | Yes (X) |
| MAYNARD G WEBB JR | ||||||
| 17 | PO BOX 1060 | LOS GATOS | CA | 950311060 | $1,112,877 | Yes (X) |
| MAYNARD G WEBB JR | ||||||
| 18 | PO BOX 1060 | LOS GATOS | CA | 950311060 | $1,112,877 | Yes (X) |
| MAYNARD G WEBB JR | ||||||
| 19 | PO BOX 1060 | LOS GATOS | CA | 950311060 | $1,112,877 | Yes (X) |
| MAYNARD G WEBB JR | ||||||
| 20 | PO BOX 1060 | LOS GATOS | CA | 950311060 | $1,112,877 | Yes (X) |
| MAYNARD G WEBB JR | ||||||
| 21 | PO BOX 1060 | LOS GATOS | CA | 950311060 | $1,112,877 | Yes (X) |
| MAYNARD G WEBB JR | ||||||
| 22 | PO BOX 1060 | LOS GATOS | CA | 950311060 | $1,112,877 | Yes (X) |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | GW&WADE INVESTMENT MANAGEMENT FEES | CategoryTxt |
| Amt | $17,940 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | NFS 4063 | Desc |
| BOY Book Value | $8,101,858 | BOYBookValueAmt |
| EOY Book Value | $8,026,437 | EOYBookValueAmt |
| EOYFMV | $13,076,517 | EOYFMVAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ADJUSTMENT OF BOOK VALUE ACCOUNTING | Desc |
| Amt | $1,037,190 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| CONSULTING FEES TO HAN HONG | $58,000 | $0 | $0 | $0 |
| LAPIANA CONSULTING | $200 | $0 | $0 | $0 |
| WIRE FEES | $220 | $0 | $0 | $0 |
| CHECKING FEES | $20 | $0 | $0 | $0 |
Reasonable Cause Explanation ReasonableCauseExplanation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | A PAPER FILED COPY OF THE RETURN WAS SUBMITTED IN A TIMELY FASHION ON MAY 14, 2021, AND THE REQUIRED TAX PAYMENTS WERE ALSO MADE IN A TIMELY FASHION ON THAT SAME DATE. THE TAX PREPARER WAS NOT AWARE OF THE APPLICABLE LAW CHANGE THAT MANDATED ALL FORM 990 CHARITABLE TAX RETURNS BE FILED ELECTRONICALLY. WHEN THE CHANGE IN LAW WAS NOTICED THE FAILURE TO FILE WAS DEALT WITH IN AN IMMEDIATE FASHION UPON NOTICE OF THE NECESSITY TO DO SO. TAXPAYER HAS NO HISTORY OF FAILURE TO TIMELY FILE THE FORM 990. NOW THAT TAXPAYER AND TAX PREPARER ARE AWARE OF THE APPLICABLE LAW CHANGE MANDATING EFILING, STEPS HAVE BEEN TAKEN BY TAXPAYER TO ENSURE THAT ALL FUTURE FILINGS WILL BE MADE CONSISTENT WITH THE NEW MANDATE. FOR THESE REASONS, TAXPAYER RESPECTFULLY REQUESTS THAT NO PENALTY BE ASSESSED FOR INITIALLY PAPER FILING THE 2020 FORM 990 AND REMEDYING THE ISSUE WITHIN 2 DAYS OF TAXPAYER AND TAX PREPARER'S CONSTRUCTIVE KNOWLEDGE OF THIS RULE CHANGE. | ExplanationTxt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| FRANCHISE TAX BOARD | $10 | $0 | $0 | $0 |
| DOJ | $150 | $0 | $0 | $0 |
| FOREIGN TAXES | $3,204 | $0 | $0 | $0 |
| SECRETARY OF STATE | $20 | $0 | $0 | $0 |
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