BETA

CERES FOUNDATION INC: Form 990PF, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
CERES FOUNDATION INC (EIN 58-2479387)
Tax period
2020-01-01 to 2020-12-31
Filed
2021-11-08
IRS object ID
202133129349100308
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)
Return2021-11-08T07:41:51-06:00ReturnTs
Tax Period End2020-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN560747981PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1DIXON HUGHES GOODMAN LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1525 EAST BAY STREET STE 100AddressLine1Txt
CityCHARLESTONCityNm
State AbbreviationSCStateAbbreviationCd
ZIP29403ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2020-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN582479387EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE CERES FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlCEREBusinessNameControlTxt
Phone8433770782PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1328 EAST BAY STAddressLine1Txt
CityCHARLESTONCityNm
State AbbreviationSCStateAbbreviationCd
ZIP29401ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonSTEPHEN GAVELPersonNm
Person TitleEXECUTIVE DIRECTORPersonTitleTxt
Phone8433770782PhoneNum
Signature2021-10-29SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstSTEPHENPersonFirstNm
Person LastGAVELPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonRUDY THOMASPreparerPersonNm
PTINP00535354PTIN
Phone8437226443PhoneNum
Preparation2021-10-29PreparationDt

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)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$29,726,939FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$210,522InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$210,522InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$567,447DividendsRevAndExpnssAmt
Dividends Net Invst Incm$567,447DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$302,535NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$10,785,465GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$302,535CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss$2,095OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm$0OtherIncomeNetInvstIncmAmt
Total Rev And Expnss$1,082,599TotalRevAndExpnssAmt
Total Net Invst Incm$1,080,504TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$118,415CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm$0CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl$118,415CompOfcrDirTrstDsbrsChrtblAmt
Oth Empl Slrs Wgs Rev And Expnss$15,096OthEmplSlrsWgsRevAndExpnssAmt
Oth Empl Slrs Wgs Net Invst Incm$0OthEmplSlrsWgsNetInvstIncmAmt
Oth Empl Slrs Wgs Dsbrs Chrtbl$15,096OthEmplSlrsWgsDsbrsChrtblAmt
Pension Empl Bnft Rev And Expnss$27,000PensionEmplBnftRevAndExpnssAmt
Pension Empl Bnft Net Invst Incm$0PensionEmplBnftNetInvstIncmAmt
Pension Empl Bnft Dsbrs Chrtbl$27,000PensionEmplBnftDsbrsChrtblAmt
Legal Fees Rev And Expnss$1,626LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm$0LegalFeesNetInvstIncmAmt
Legal Fees Dsbrs Chrtbl$1,626LegalFeesDsbrsChrtblAmt
Accounting Fees Rev And Expnss$4,500AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$0AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps$4,500AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss$248,437OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$248,437OtherProfFeesNetInvstIncmAmt
Other Prof Fees Dsbrs Chrtbl$0OtherProfFeesDsbrsChrtblAmt
Taxes Rev And Expnss$12,200TaxesRevAndExpnssAmt
Taxes Net Invst Incm$12,101TaxesNetInvstIncmAmt
Taxes Dsbrs Chrtbl$99TaxesDsbrsChrtblAmt
Deprec And Dpltn Rev And Expnss$61,758DeprecAndDpltnRevAndExpnssAmt
Deprec And Dpltn Net Invst Incm$0DeprecAndDpltnNetInvstIncmAmt
Occupancy Rev And Expnss$88,312OccupancyRevAndExpnssAmt
Occupancy Net Invst Incm$0OccupancyNetInvstIncmAmt
Occupancy Dsbrs Chrtbl$88,312OccupancyDsbrsChrtblAmt
Trav Conf Meeting Rev And Expnss$958TravConfMeetingRevAndExpnssAmt
Trav Conf Meeting Net Invst Incm$0TravConfMeetingNetInvstIncmAmt
Trav Conf Meeting Dsbrs Chrtbl$958TravConfMeetingDsbrsChrtblAmt
Other Expenses Rev And Expnss$73,015OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$0OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl$73,015OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$651,317TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$260,538TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$329,021TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$958,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$958,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$1,609,317TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$260,538TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$1,287,021TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$526,718ExcessRevenueOverExpensesAmt
Net Investment Income$819,966NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$24,736CashBOYAmt
Cash EOY$36,749CashEOYAmt
Cash EOYFMV$36,749CashEOYFMVAmt
Sav And Temp Cash Invst BOY$1,935,139SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$2,778,083SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$2,778,083SavAndTempCashInvstEOYFMVAmt
US Government Obligations BOY$873,042USGovernmentObligationsBOYAmt
US Government Obligations EOY$205,878USGovernmentObligationsEOYAmt
US Govt Obligations EOYFMV$248,369USGovtObligationsEOYFMVAmt
Corporate Stock BOY$11,242,722CorporateStockBOYAmt
Corporate Stock EOY$11,283,962CorporateStockEOYAmt
Corporate Stock EOYFMV$12,782,751CorporateStockEOYFMVAmt
Corporate Bonds BOY$2,629,844CorporateBondsBOYAmt
Corporate Bonds EOY$2,740,459CorporateBondsEOYAmt
Corporate Bonds EOYFMV$3,036,489CorporateBondsEOYFMVAmt
Other Investments BOY$9,004,428OtherInvestmentsBOYAmt
Other Investments EOY$7,674,132OtherInvestmentsEOYAmt
Other Investments EOYFMV$8,285,548OtherInvestmentsEOYFMVAmt
Land Bldg Equip Cost Or Other Bss$2,779,424LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$952,081LandBldgEquipAccumDeprecAmt
Land BOY$1,679,963LandBOYAmt
Land EOY$1,827,343LandEOYAmt
Land EOYFMV$1,827,343LandEOYFMVAmt
Other Assets BOY$612,000OtherAssetsBOYAmt
Other Assets EOY$731,607OtherAssetsEOYAmt
Other Assets EOYFMV$731,607OtherAssetsEOYFMVAmt
Total Assets BOY$28,001,874TotalAssetsBOYAmt
Total Assets EOY$27,278,213TotalAssetsEOYAmt
Total Assets EOYFMV$29,726,939TotalAssetsEOYFMVAmt
Other Liabilities BOY$200,410OtherLiabilitiesBOYAmt
Other Liabilities EOY$3,467OtherLiabilitiesEOYAmt
Total Liabilities BOY$200,410TotalLiabilitiesBOYAmt
Total Liabilities EOY$3,467TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$27,801,464NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$27,274,746NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$27,801,464TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$27,274,746TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$28,001,874TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$27,278,213TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$27,801,464TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$526,718ExcessRevenueOverExpensesAmt
Other Increases$0OtherIncreasesAmt
Subtotal$27,274,746SubtotalAmt
Other Decreases$0OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$27,274,746TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
RAYMOND JAMES - SHORT TERMP$2,148,508$2,288,632-$140,124-$140,124
RAYMOND JAMES - LONG TERMP$8,627,044$8,194,298$432,746$432,746
CAPITAL GAINS DIVIDENDSP$9,913$9,913$9,913
FieldValueIRS element (for citing)
Capital Gain Net Income$302,535CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$11,398InvestmentIncomeExciseTaxAmt
Tax Under Section511$0TaxUnderSection511Amt
Subtotal$11,398SubtotalAmt
Subtitle A Tax$0SubtitleATaxAmt
Tax Based On Investment Income$11,398TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$12,627EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce$0ExemptFrgnOrgTaxWthldAtSrceAmt
Extsn Request Income Tax Paid$0ExtsnRequestIncomeTaxPaidAmt
Backup Withholding Withheld$0BackupWithholdingWithheldAmt
Total Payments And Credits$12,627TotalPaymentsAndCreditsAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$0EsPenaltyAmt
Overpayment$1,229OverpaymentAmt
Applied To ES Tax$1,229AppliedToESTaxAmt
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 StateSCOrgReportOrRegisterStateCd
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 AddressN/AWebsiteAddressTxt
Individual With BooksSTEPHEN GAVELIndividualWithBooksNm
Phone8433770782PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1328 EAST BAY STREETAddressLine1Txt
CityCHARLESTONCityNm
State AbbreviationSCStateAbbreviationCd
ZIP29401ZIPCd
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 OrganizationsYes (1)GrantsToOrganizationsInd
Noncharitable Purpose0NoncharitablePurposeInd
Transactions Fail To Qlfy As Exc0TransactionsFailToQlfyAsExcInd
Maintained Expenditure RspnsYes (1)MaintainedExpenditureRspnsInd
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
STEPHEN L GAVEL
BREWTON PLANTATIONYEMASSEESC29945PRESIDENT/EXEC. DIRECTOR30.00$118,415$27,000$0
FRANK GAVEL JR
14 WILLOW BROOK LANENEWTOWNCT06470SECRETARY/VICE PRESIDENT2.00$0$0$0
LINDA GAVEL WEBB
3861 COUNTRY CLUB ROADTROUTVILLEVA24175TREASURER/VICE PRESIDENT1.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k0OtherEmployeePaidOver50kCnt

Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1EAGLE ASSET MANAGEMENTBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1880 CARILLON PARKWAYAddressLine1Txt
CityST PETERSBURGCityNm
State AbbreviationFLStateAbbreviationCd
ZIP33733ZIPCd
FieldValueIRS element (for citing)
Service TypeINVESTMENT MANAGEMENTServiceTypeTxt
Compensation$248,437CompensationAmt
FieldValueIRS element (for citing)
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$23,531,611AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$1,915,906AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$25,447,517TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$25,447,517AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$381,713CashDeemedCharitableAmt
Net Vl Noncharitable Assets$25,065,804NetVlNoncharitableAssetsAmt
Minimum Investment Return$1,253,290MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$1,253,290MinimumInvestmentReturnAmt
Tax Based On Investment Income$11,398TaxBasedOnInvestmentIncomeAmt
Total Tax$11,398TotalTaxAmt
Distributable Before Adj$1,241,892DistributableBeforeAdjAmt
Recoveries Qualfied Distri$0RecoveriesQualfiedDistriAmt
Distributable Before Ded$1,241,892DistributableBeforeDedAmt
Deduction From Distributable$0DeductionFromDistributableAmt
Distributable As Adjusted$1,241,892DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$1,287,021ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Qualifying Distributions$1,287,021QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$0PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$1,287,021AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$1,241,892DistributableAsAdjustedAmt
Undistributed Income PY$0UndistributedIncomePYAmt
Total For Prior Years$0TotalForPriorYearsAmt
Excess Distribution Cyov Yr4$70,193ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$60,770ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$293,161ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$193,662ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$617,786TotalExcessDistributionCyovAmt
Qualifying Distributions$1,287,021QualifyingDistributionsAmt
Applied To Year1$0AppliedToYear1Amt
Applied To Prior Years$0AppliedToPriorYearsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$1,241,892AppliedToCurrentYearAmt
Remaining Distri From Corpus$45,129RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus$0ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$0ExcessDistributionCyovAppCYAmt
Total Corpus$662,915TotalCorpusAmt
Prior Year Undistributed Incm$0PriorYearUndistributedIncmAmt
Prior Year Deficiency Or Tax$0PriorYearDeficiencyOrTaxAmt
Taxable1$0Taxable1Amt
Taxable2$0Taxable2Amt
Undistributed Income CY$0UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3$0CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov From Yr5$0ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$662,915ExcessDistriCyovToNextYrAmt
Excess From Year4$70,193ExcessFromYear4Amt
Excess From Year3$60,770ExcessFromYear3Amt
Excess From Year2$293,161ExcessFromYear2Amt
Excess From Year1$193,662ExcessFromYear1Amt
Excess From Current Year$45,129ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (50 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmtAddress Line2RecipientUSAddress/AddressLine2Txt
ABILITY BEYOND DISABILITY
4 BERKSHIRE BOULEVARDBETHELCT06801GENERAL FUND$10,000
AMOS HOUSE
34 ROCKY GLEN ROAD PO BOX 509DANBURYCT06810GENERAL FUND$10,000
ANN'S PLACE
80 SAW MILL ROADDANBURYCT06810GENERAL FUND$10,000
AUDUBON SC
336 SANCTUARY ROADHARLEYVILLESC29448EDUCATION$5,000
BARRIER ISLANDS FREE MEDICAL CLINIC
3226 MAYBANK HIGHWAY SUITE AJOHNS ISLANDSC29455HONOR OF BOB$5,000
BEST PETS
4567 W MONCRIEFF PLACEDENVERCO80212GENERAL FUND$7,500
BLUE RIDGE LITERACY
706 S JEFFERSON STREETROANOKEVA24016GENERAL FUND$25,000
BOYS FARM INC
PO BOX 713NEWBERRYSC29108AG PROGRAMS$10,000
BUSINESS INDUSTRY FDTN OF WESTERN CT
39 WEST STREETDANBURYCT06810GOLF TOURNAMENT$5,000
CHANNEL 3 KIDS CAMP
73 TIMES FARM ROADANDOVERCT06232GENERAL FUND$5,000
CHARLESTON LIBRARY SOCIETY
164 KING STREETCHARLESTONSC29401BUILDING FUND$10,000
CONNECTICUT BURN CARE FOUNDATION
601 BOSTON POST ROADMILFORDCT06460GENERAL FUND$5,000
CORNELIA CONNELLY CENTER
220 EAST FOURTH STREETNEW YORKNY10009GENERAL FUND$5,000
FENNELL ELEMENTARY SCHOOL
131 YEMASSEE HIGHWAYYEMASSEESC29945PROPOSAL$45,000
FOXFIELD FARMS
62 HUNGARY ROADGRANBYCT06035GENERAL FUND$5,000
FRIENDS OF CAROLINE HOSPICE
1110 13TH STREETPORT ROYALSC29935GENERAL FUND$30,000
FRIENDS OF DRAYTON HALL
3380 ASHLEY RIVER ROADCHARLESTONSC29414GENERAL FUND$15,000
GIBBES MUSEUM OF ART
135 MEETING STREETCHARLESTONSC29401CHALLENGE$10,000
GOLDEN OPPORTUNITIES
PO BOX 3663NEWTOWNCT06470GENERAL FUND$10,000
GROWFOOD CAROLINA
900 MORRISON DRIVECHARLESTONSC29403GENERAL FUND$15,000
INTERNATIONAL MEDICAL CORPS
12400 WILSHIRE BOULEVARD SUITE 1500LOS ANGELESCA90025GENERAL FUND$10,000
JUVENILE DIABETES RESEARCH GA CHAPTER
3525 PIEDMONT ROAD NE BUILDING 6ATLANTAGA30305BOBBYS BAND$10,000STE 300
KEVIN'S COMMUNITY CENTER
25 COMMERCE ROADNEWTOWNCT06470GENERAL FUND$7,500
LACUNA INC
328 EAST BAY STREETCHARLESTONSC29401ACE BASIN$300,000
LITERACY VOLUNTEERS OF AMERICA-DANBURY
248 MAIN STREETDANBURYCT06810GENERAL FUND$5,000
LOAVES AND FISHES
PO BOX 2065NEW MILFORDCT06776GENERAL FUND$10,000
LORD BERKELEY CONSERVATION TRUST
223 E MAIN STREETMONCKS CORNERSC29461GENERAL FUND$5,000
LOWCOUNTRY LAND TRUST
635 RUTLEDGE AVENUE SUITE 107CHARLESTONSC29403ACE BASIN EASEMENT PROJECTS$5,000
OPEN SPACE INSTITUTE
1350 BROADWAY SUITE 201NEW YORKNY10018CONS EQUIP SC$10,000
OPERA ROANOKE
20 EAST CHURCH AVENUE THIRD FLOORROANOKEVA24011MEMORY JOE LOGAN$25,000
PRESERVATION SOCIETY OF CHARLESTON
PO BOX 521CHARLESTONSC29402GENERAL FUND$30,000
QDMA
PO BOX 160BOGARTGA30622REACH$5,000
REGIONAL YMCA OF WESTERN CT
246 FEDERAL ROAD UNIT B21BROOKFIELDCT06804GENERAL FUND$5,000
RUMSEY HALL SCHOOL
201 ROMFORD ROADWASHINGTON DEPOTCT06794ANNUAL FUND$25,000
SCIENCE MUSEUM WESTERN VA
ONE MARKET SQUARE SE 4TH FLOORROANOKEVA24011GENERAL FUND$15,000
SIMPLY SMILES
1771 POST ROAD EASTWESTPORTCT06880GENERAL FUND$10,000
SOUTHERN ENVIRONMENTAL LAW CENTER
201 WEST MAIN STREET SUITE 14CHARLOTTESVILLEVA22902CHARLESTON OFFICE$10,000
ST MARKS EPISCOPAL CHURCH
PO BOX 277FINCASTLEVA24090GENERAL FUND$15,000
UNIVERSITY OF CONNECTICUT MASTER GARDNER
2390 ALUMNI DRIVE UNIT 3206STORRSCT06269GENERAL FUND$10,000
WESTERN CT HEALTH NETWORK
24 HOSPITAL AVENUEDANBURYCT06810GENERAL FUND$50,000
WESTMINSTER SCHOOL
995 HOPMEADOW STREET PO BOX 337SIMSBURYCT06070GENERAL FUND$25,000
BOTETOURT COUNTY PUBLIC SCHOOLS EDUCATION FOUNDATION INC
143 POOR FARM ROADFINCASTLEVA24090GENERAL FUND$8,000
BRADLEY FREE CLINIC
1240 3RD STREET SWROANOKEVA24016GENERAL FUND$10,000
EAST COOPER MEALS ON WHEELS
PO BOX 583MT PLEASANTSC29465GENERAL FUND$5,000
ENGLEWOOD COMMUNITY CARE CLINIC
PO BOX 189ENGLEWOODFL34295GENERAL FUND$10,000
GRANDIN THEATRE FOUNDATION
1310 GRANDIN ROADROANOKEVA24015GENERAL FUND$10,000
HARRY CHAPIN FOOD BANK
3760 FOWLER STREETFORT MYERSFL33901GENERAL FUND$10,000
NEMOURS WILDLIFE FOUNDATION
161 NEMOURS PLANTATION ROADYEMASSEESC29945GENERAL FUND$10,000
NUVANCE HEALTH NETWORK
24 HOSPITAL AVENUEDANBURYCT06810GENERAL FUND$15,000
ST STEPHEN'S AND ST AGNES SCHOOL
400 FONTAINE STREETALEXANDRIAVA22302GENERAL FUND$50,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$958,000TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut$0TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$210,522ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$567,447ExclusionAmt

Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$2,095ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$302,535ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Unrelated Business Taxbl Incm$0UnrelatedBusinessTaxblIncmAmt
Exclusion$1,082,599ExclusionAmt
Related Or Exempt Function Incm$0RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$1,082,599TotalIncomeProducingActyAmt

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)
CategoryACCOUNTING FEESCategoryTxt
Amt$4,500Amt
Net Investment Income$0NetInvestmentIncomeAmt
Disbursements Charitable Prps$4,500DisbursementsCharitablePrpsAmt

Cash Deemed Charitable Expln Stmt CashDeemedCharitableExplnStmt

FieldValueIRS element (for citing)
Short ExplanationCASH GENERATED IN INVESTMENT ACCOUNTS IS TRANSFERRED PERIODICALLY INTO THE OPERATING ACCOUNT TO PAY ONGOING OPERATIONAL COSTS OF THE FOUNDATION.ShortExplanationTxt

Depreciation Schedule DepreciationSchedule

Depreciation Property DepreciationPropertyGrp (40 entries)

PropertyPropertyDescAcquiredAcquiredDtCost Or Other BasisCostOrOtherBasisAmtPrior Year DepreciationPriorYearDepreciationAmtComputation MethodComputationMethodTxtLifeLifeRtCurrent Year ExpenseCurrentYearExpenseAmtNet Investment IncomeNetInvestmentIncomeAmtRtRt
BUILDING2003-04-15$1,407,046$602,728SL39.000000000000$36,078$0
BUILDING IMPROVEMENTS2003-04-15$25,520$10,927SL39.000000000000$654$0
BUILDING IMPROVEMENTS2003-08-01$329,755$137,817SL39.000000000000$8,455$0
BUILDING IMPROVEMENTS2003-09-01$38,592$16,137SL39.000000000000$990$0
BUILDING IMPROVEMENTS2004-01-15$6,843$2,793SL39.000000000000$175$0
BUILDING IMPROVEMENTS2004-03-18$15,384$6,222SL39.000000000000$394$0
BUILDING IMPROVEMENTS2004-04-01$21,684$8,734SL39.000000000000$556$0
BUILDING IMPROVEMENTS2004-04-01$385$157SL39.000000000000$10$0
BUILDING IMPROVEMENTS2004-04-14$24,847$10,006SL39.000000000000$637$0
BUILDING IMPROVEMENTS2004-10-01$86,800$33,854SL39.000000000000$2,226$0
DESK2003-05-01$7,314$7,314200DB10.000000000000$0$0
FURNITURE2003-07-24$10,426$10,426200DB10.000000000000$0$0
STATUE OF CERES2004-12-14$6,000$6,000200DB7.000000000000$0$0
ARTWORK2005-07-19$19,892$0$00.000000000000
LAND2003-04-15$248,300L$0$0
BUILDING IMPROVEMENTS2009-05-04$7,121$1,952SL39.000000000000$183$0
BUILDING IMPROVEMENTS2009-07-09$26,565$7,151SL39.000000000000$681$0
BUILDING IMPROVEMENTS2009-08-13$9,740$2,604SL39.000000000000$250$0
BUILDING IMPROVEMENTS2009-10-15$12,348$3,249SL39.000000000000$317$0
COMPUTER2009-07-02$1,640$820200DB5.000000000000$0$0
BUILDING IMPROVEMENTS2004-05-22$10,797$1,662SL39.000000000000$277$0
BUILDING IMPROVEMENTS2014-08-14$16,428$2,281SL39.000000000000$421$0
BUILDING IMPROVEMENTS2015-12-16$10,000$1,024SL39.000000000000$256$0
BUILDING IMPROVEMENTS2016-01-06$10,000$1,024SL39.000000000000$256$0
BUILDING IMPROVEMENTS2016-03-23$22,558$2,168SL39.000000000000$578$0
BUILDING IMPROVEMENTS2016-06-01$35,359$3,250SL39.000000000000$907$0
BUILDING IMPROVEMENTS2016-08-18$30,459$2,603SL39.000000000000$781$0
BUILDING IMPROVEMENTS2016-07-28$55,667$4,876SL39.000000000000$1,427$0
BUILDING IMPROVEMENTS2017-04-10$6,881$484SL39.000000000000$176$0
AC UNIT2019-01-17$7,931$186SL39.000000000000$203$0
BUILDING IMPROVEMENTS2019-02-21$47,179$1,008SL39.000000000000$1,210$0
BUILDING IMPROVEMENTS2019-10-17$10,825$46SL39.000000000000$278$0
BUILDING IMPROVEMENTS2020-02-06$40,431SL39.000000000000$950$0
BUILDING IMPROVEMENTS2020-03-12$26,084SL39.000000000000$557$0
BUILDING IMPROVEMENTS2020-04-16$31,047SL39.000000000000$531$0
BUILDING IMPROVEMENTS2020-05-28$38,862SL39.000000000000$581$0
BUILDING IMPROVEMENTS2020-07-02$31,162SL39.000000000000$400$0
BUILDING IMPROVEMENTS2020-09-10$23,378SL39.000000000000$200$0
BUILDING IMPROVEMENTS2020-12-17$11,259SL39.000000000000$0$0
AC UNIT2020-02-13$6,915SL39.000000000000$163$0

Expenditure Responsibility Stmt ExpenditureResponsibilityStmt

Expenditure Responsibility ExpenditureResponsibilityGrp

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1LACUNA CORPORATIONBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1328 EAST BAY STREETAddressLine1Txt
CityCHARLESTONCityNm
State AbbreviationSCStateAbbreviationCd
ZIP29401ZIPCd
FieldValueIRS element (for citing)
Grant2019-05-23GrantDt
Grant$300,000GrantAmt
Purpose Of GrantTHE LACUNA CORPORATION IS A 501(C)(3) ORGANIZATION FOCUSED ON LAND PRESERVATION. THE GRANT ASSISTED LACUNA CORPORATION WITH THIS MISSION.PurposeOfGrantTxt
Expended By Grantee$300,000ExpendedByGranteeAmt
Any Diversion By GranteeNONEAnyDiversionByGranteeTxt
Dates Of Reports By GranteeTHROUGH OUT THE YEARDatesOfReportsByGranteeTxt
Verification2020-12-31VerificationDt

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp

FieldValueIRS element (for citing)
BondRAYMOND JAMES - CORPORATE BONDSBondNm
EOY Book Value$2,740,459EOYBookValueAmt
EOYFMV$3,036,489EOYFMVAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockRAYMOND JAMES - CORPORATE STOCKStockNm
EOY Book Value$11,283,962EOYBookValueAmt
EOYFMV$12,782,751EOYFMVAmt

Investments Govt Obligations Sch InvestmentsGovtObligationsSch

FieldValueIRS element (for citing)
US Govt Obligations Book Vl EOY$205,878USGovtObligationsBookVlEOYAmt
US Govt Obligations EOYFMV$248,369USGovtObligationsEOYFMVAmt
State Local Sec Book Vl EOY$0StateLocalSecBookVlEOYAmt
State Local Sec EOYFMV$0StateLocalSecEOYFMVAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (5 entries)

Category Or ItemCategoryOrItemTxtListed At Cost Or FMVListedAtCostOrFMVCdBook ValueBookValueAmtEOYFMVEOYFMVAmt
RAYMOND JAMES - ASSET BACKED SECURITIESAT COST$2,166,540$2,242,525
RAYMOND JAMES - OPEN-END FUNDSAT COST$4,107,283$4,415,317
RAYMOND JAMES - EXCHANGE TRADED PRODUCTSAT COST$1,231,595$1,458,019
RAYMOND JAMES - GOVERNMENT-SPONSORED ENTERPRISE SECURITIESAT COST$59,007$60,393
RAYMOND JAMES - REITSAT COST$109,707$109,294

Land Etc Schedule2 LandEtcSchedule2

Land Etc LandEtcGrp (40 entries)

Category Or ItemCategoryOrItemTxtCost Or Other BasisCostOrOtherBasisAmtAccumulated DepreciationAccumulatedDepreciationAmtBook ValueBookValueAmt
BUILDING$1,407,046$638,806$768,240
BUILDING IMPROVEMENTS$25,520$11,581$13,939
BUILDING IMPROVEMENTS$329,755$146,272$183,483
BUILDING IMPROVEMENTS$38,592$17,127$21,465
BUILDING IMPROVEMENTS$6,843$2,968$3,875
BUILDING IMPROVEMENTS$15,384$6,616$8,768
BUILDING IMPROVEMENTS$21,684$9,290$12,394
BUILDING IMPROVEMENTS$385$167$218
BUILDING IMPROVEMENTS$24,847$10,643$14,204
BUILDING IMPROVEMENTS$86,800$36,080$50,720
DESK$7,314$7,314$0
FURNITURE$10,426$10,426$0
STATUE OF CERES$6,000$6,000$0
ARTWORK$19,892$0$19,892
LAND$248,300$0$248,300
BUILDING IMPROVEMENTS$7,121$2,135$4,986
BUILDING IMPROVEMENTS$26,565$7,832$18,733
BUILDING IMPROVEMENTS$9,740$2,854$6,886
BUILDING IMPROVEMENTS$12,348$3,566$8,782
COMPUTER$1,640$1,640$0
BUILDING IMPROVEMENTS$10,797$1,939$8,858
BUILDING IMPROVEMENTS$16,428$2,702$13,726
BUILDING IMPROVEMENTS$10,000$1,280$8,720
BUILDING IMPROVEMENTS$10,000$1,280$8,720
BUILDING IMPROVEMENTS$22,558$2,746$19,812
BUILDING IMPROVEMENTS$35,359$4,157$31,202
BUILDING IMPROVEMENTS$30,459$3,384$27,075
BUILDING IMPROVEMENTS$55,667$6,303$49,364
BUILDING IMPROVEMENTS$6,881$660$6,221
AC UNIT$7,931$389$7,542
BUILDING IMPROVEMENTS$47,179$2,218$44,961
BUILDING IMPROVEMENTS$10,825$324$10,501
BUILDING IMPROVEMENTS$40,431$950$39,481
BUILDING IMPROVEMENTS$26,084$557$25,527
BUILDING IMPROVEMENTS$31,047$531$30,516
BUILDING IMPROVEMENTS$38,862$581$38,281
BUILDING IMPROVEMENTS$31,162$400$30,762
BUILDING IMPROVEMENTS$23,378$200$23,178
BUILDING IMPROVEMENTS$11,259$0$11,259
AC UNIT$6,915$163$6,752

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

FieldValueIRS element (for citing)
CategoryLEGAL FEESCategoryTxt
Legal Fees$1,626LegalFeesAmt
Net Investment Income$0NetInvestmentIncomeAmt
Disbursements Charitable Prps$1,626DisbursementsCharitablePrpsAmt

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp (2 entries)

DescDescBOY Book ValueBOYBookValueAmtEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
PROGRAM RELATED ARTWORK$612,000$612,000$612,000
PENDING TRANSACTIONS$0$119,607$119,607

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
OFFICE EXPENSES$21,516$0$21,516
INSURANCE$51,499$0$51,499

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

FieldValueIRS element (for citing)
DescNONDIVIDEND DISTRIBUTIONSDesc
Revenue And Expenses Per Books$2,095RevenueAndExpensesPerBooksAmt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$2,095AdjustedNetIncomeAmt

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail (2 entries)

DescDescBOY Book ValueBOYBookValueAmtEOY Book ValueEOYBookValueAmt
PAYROLL WITHHOLDING TAXES PAYABLE$3,293$3,467
PENDING TRANSACTIONS$197,117$0

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryINVESTMENT MANAGEMENT FEESCategoryTxt
Amt$248,437Amt
Net Investment Income$248,437NetInvestmentIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
FOREIGN TAXES$12,101$12,101$0
PROPERTY TAX$99$0$99

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