LODESTAR PHILANTHROPIC FOUNDATION: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- LODESTAR PHILANTHROPIC FOUNDATION (EIN 20-4480084)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-09-28
- IRS object ID
- 202142719349100504
- 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
- Depreciation Schedule
- General Explanation Attachment
- Investments Corp Stock Schedule
- Liquidation Explanation Stmt
- Legal Fees Schedule
- Other Expenses Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-09-28T09:13:28-05:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FOUNDATION SOURCE | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE HOLLOW LN STE 212 | AddressLine1Txt |
| City | LAKE SUCCESS | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11042 | 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 | 204480084 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Lodestar Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % Foundation Source | InCareOfNm |
| Business Name Control | LODE | BusinessNameControlTxt |
| Phone | 6029562699 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4455 East Camelback Road 215A | AddressLine1Txt |
| City | Phoenix | CityNm |
| State Abbreviation | AZ | StateAbbreviationCd |
| ZIP | 85018 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | LOIS SAVAGE | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 8008391754 | PhoneNum |
| Signature | 2021-09-07 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | LOIS | PersonFirstNm |
| Person Last | SAVAGE | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Jeffrey D Haskell | PreparerPersonNm |
| PTIN | P01345770 | PTIN |
| Phone | 8008391754 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | TrustedCustomerGrp |
| 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 | $196,634 | 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 | $930,293 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $503 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $503 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $1,787 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $1,787 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $20,949 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $774,742 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $286,150 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $953,532 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $288,440 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Legal Fees Rev And Expnss | $149 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $149 | LegalFeesDsbrsChrtblAmt |
| Other Prof Fees Rev And Expnss | $68,930 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Dsbrs Chrtbl | $68,930 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $7,607 | TaxesRevAndExpnssAmt |
| Occupancy Rev And Expnss | $839 | OccupancyRevAndExpnssAmt |
| Occupancy Dsbrs Chrtbl | $839 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $35,719 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $35,719 | TravConfMeetingDsbrsChrtblAmt |
| Printing And Pub Rev And Expnss | $4,410 | PrintingAndPubRevAndExpnssAmt |
| Printing And Pub Dsbrs Chrtbl | $4,410 | PrintingAndPubDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $20,976 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $30 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $20,925 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $138,630 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $30 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $130,972 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $886,378 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $886,378 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,025,008 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $30 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,017,350 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$71,476 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $288,410 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $51,998 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $79,021 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $79,021 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $211,051 | CorporateStockBOYAmt |
| Corporate Stock EOY | $112,552 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $117,613 | CorporateStockEOYFMVAmt |
| Total Assets BOY | $263,049 | TotalAssetsBOYAmt |
| Total Assets EOY | $191,573 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $196,634 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $263,049 | RetainedEarningBOYAmt |
| Retained Earning EOY | $191,573 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $263,049 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $191,573 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $263,049 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $191,573 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $263,049 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$71,476 | ExcessRevenueOverExpensesAmt |
| Subtotal | $191,573 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $191,573 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | Publicly-traded Securities | PropertyDesc |
| Gross Sales Price | $774,742 | GrossSalesPriceAmt |
| Cost Or Other Basis | $488,592 | CostOrOtherBasisAmt |
| Gain Or Loss | $286,150 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $286,150 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $286,150 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $4,009 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $4,009 | SubtotalAmt |
| Tax Based On Investment Income | $4,009 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $2,900 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $1,110 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $4,010 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $2 | EsPenaltyAmt |
| Tax Due | $1 | 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 | Yes (true) | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | AZ | OrgReportOrRegisterStateCd |
| 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 |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foundation Source | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8008391754 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 501 Silverside Road Suite 123 | AddressLine1Txt |
| City | Wilmington | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198091377 | 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 | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| 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 (2 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 |
|---|---|---|---|---|---|---|---|---|
| I Jerome Hirsch | ||||||||
| 4455 East Camelback Road 215A | Phoenix | AZ | 85018 | Dir, Sec | 5.0 | $0 | $0 | $0 |
| Lois Savage | ||||||||
| 4455 East Camelback Road 215A | Phoenix | AZ | 85018 | Pres | 5.0 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Summary Of Direct Chrtbl Acty | SummaryOfDirectChrtblActyGrp | |
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $43,289 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $147,531 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $190,820 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $190,820 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $2,862 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $187,958 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $9,398 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $9,398 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $4,009 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $4,009 | TotalTaxAmt |
| Distributable Before Adj | $5,389 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $5,389 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $5,389 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,017,350 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $1,017,350 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $1,017,350 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $5,389 | DistributableAsAdjustedAmt |
| Prior Year1 | 2018 | PriorYear1Yr |
| Prior Year2 | 2017 | PriorYear2Yr |
| Prior Year3 | 2016 | PriorYear3Yr |
| Excess Distribution Cyov Yr5 | $741,934 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $981,233 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $1,067,081 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $929,068 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $1,085,977 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $4,805,293 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,017,350 | QualifyingDistributionsAmt |
| Applied To Current Year | $5,389 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $1,011,961 | RemainingDistriFromCorpusAmt |
| Total Corpus | $5,817,254 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $930,293 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov To Next Yr | $4,886,961 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $792,874 | ExcessFromYear4Amt |
| Excess From Year3 | $1,067,081 | ExcessFromYear3Amt |
| Excess From Year2 | $929,068 | ExcessFromYear2Amt |
| Excess From Year1 | $1,085,977 | ExcessFromYear1Amt |
| Excess From Current Year | $1,011,961 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | I Jerome Hirsch | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (40 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| ALLIANCE OF ARIZONA NONPROFITS | |||||||
| 333 E OSBORN RD STE 245 | PHOENIX | AZ | 85012 | N/A | PC | exploration of a sustained collaboration between the Alliance of Arizona Nonprofits and Arizona Grantmakers Forum | $10,000 |
| ARIZONA GRANTMAKERS FORUM | |||||||
| 2201 E CAMELBACK RD RM 405B | PHOENIX | AZ | 85016 | N/A | PC | Wolfe Naimark Policy and Strategy - preliminary analysis of government funding proposal | $7,500 |
| BRIDGE ALLIANCE EDUCATION FUND | |||||||
| 214 S ALLEN ST | STATE COLLEGE | PA | 16801 | N/A | PC | General & Unrestricted | $10,000 |
| BROOKINGS INSTITUTION | |||||||
| 1775 MASS AVE NW | WASHINGTON | DC | 20036 | N/A | PC | the Standing project | $100,000 |
| CENTRAL ARIZONA SHELTER SERVICES INC | |||||||
| 230 S 12TH AVE | PHOENIX | AZ | 85007 | N/A | PC | Regional Homeless Shelter and Housing Task Force | $22,500 |
| CITIZENS FOR RESPONSIBILITY AND ETHICS IN WASHINGT | |||||||
| 1101 K ST NW | WASHINGTON | DC | 20005 | N/A | PC | General & Unrestricted | $25,000 |
| COALITION FOR INTEGRITY INC | |||||||
| 1023 15TH ST NW STE 300 | WASHINGTON | DC | 20005 | N/A | PC | General Operations for Annual Gala | $10,000 |
| CONCORD REGIONAL VISITING NURSE ASSOCIATION INC | |||||||
| 30 PILLSBURY ST | CONCORD | NH | 03301 | N/A | PC | exploration of a merger between Concord Regional VNA and NH VNA & Hospice | $25,000 |
| EXPERIENCE MATTERS CONSORTIUM INC | |||||||
| 360 E CORONADO RD STE 170 | PHOENIX | AZ | 85004 | N/A | PC | Charitable Event | $5,000 |
| FLORENCE IMMIGRANT AND REFUGEE RIGHTS PROJECT INC | |||||||
| PO BOX 86299 | TUCSON | AZ | 85754 | N/A | PC | General & Unrestricted | $1,000 |
| GLOBAL IMPACT | |||||||
| 1199 N FAIRFAX ST STE 300 | ALEXANDRIA | VA | 22314 | N/A | PC | Philanthropy Together | $80,000 |
| K2 ADVENTURES FOUNDATION | |||||||
| 20645 N PIMA RD STE 100 | SCOTTSDALE | AZ | 85255 | N/A | PC | General & Unrestricted | $5,000 |
| MCE SOCIAL CAPITAL | |||||||
| 5758 GEARY BLVD 261 | SAN FRANCISCO | CA | 94121 | N/A | PC | General & Unrestricted | $605 |
| OPPORTUNITY ON DECK | |||||||
| 4420 104TH ST APT 11 | URBANDALE | IA | 50322 | N/A | PC | to support the Merger between Opportunity on Deck and Can Play | $7,500 |
| PHILADELPHIA FOUNDATION | |||||||
| 1835 MARKET ST STE 2410 | PHILADELPHIA | PA | 19103 | N/A | PC | Greater Philadelphia Repositioning Initiative | $20,000 |
| PHILADELPHIA FOUNDATION | |||||||
| 1835 MARKET ST STE 2410 | PHILADELPHIA | PA | 19103 | N/A | PC | Greater Philadelphia Repositioning Initiative | $20,000 |
| PROTECT DEMOCRACY PROJECT | |||||||
| 2020 PENNSYLVANIA AVE NW 163 | WASHINGTON | DC | 20006 | N/A | PC | General & Unrestricted | $25,000 |
| REPORTERS COMMITTEE FOR FREEDOM OF THE PRESS | |||||||
| 1156 15TH ST NW STE 1020 | WASHINGTON | DC | 20005 | N/A | PC | Free Expression Legal Network staff infrastructure | $25,000 |
| REPRESENT US EDUCATION FUND | |||||||
| PO BOX 60008 | FLORENCE | MA | 01062 | N/A | PC | Unrig the Summit | $25,000 |
| SEACHANGE CAPITAL PARTNERS INC | |||||||
| 155 E 44TH ST | NEW YORK | NY | 10017 | N/A | PC | exploration of a collaboration among Association of Clinical Pastoral Education, Association of Professional Chaplains, National Association of Catholic Chaplains, and Neshama: Association of Jewish Chaplains | $16,000 |
| SEACHANGE CAPITAL PARTNERS INC | |||||||
| 155 E 44TH ST | NEW YORK | NY | 10017 | N/A | PC | exploration of a merger of Hudson Valley Community Services and Cornerstone Family Healthcare | $16,462 |
| SEACHANGE CAPITAL PARTNERS INC | |||||||
| 155 E 44TH ST | NEW YORK | NY | 10017 | N/A | PC | Exploratory Due Diligence of Rochester Nonprofit Consortium Network | $10,000 |
| SEACHANGE CAPITAL PARTNERS INC | |||||||
| 155 E 44TH ST | NEW YORK | NY | 10017 | N/A | PC | NYMAC IV program | $12,500 |
| SEACHANGE CAPITAL PARTNERS INC | |||||||
| 155 E 44TH ST | NEW YORK | NY | 10017 | N/A | PC | Implementation expenses for asset transfer of Right Brain Initiative from Regional Arts and Culture Council to Young Audiences of Oregon and Southwest Washington | $19,422 |
| SEACHANGE CAPITAL PARTNERS INC | |||||||
| 155 E 44TH ST | NEW YORK | NY | 10017 | N/A | PC | implementation of the merger among Childhaven, Renton Area Youth & Family Services and Art with Heart | $11,644 |
| SEACHANGE CAPITAL PARTNERS INC | |||||||
| 155 E 44TH ST | NEW YORK | NY | 10017 | N/A | PC | implementation of the merger between Housing Vermont and Northern New England Housing Investment Fund | $23,333 |
| SEACHANGE CAPITAL PARTNERS INC | |||||||
| 155 E 44TH ST | NEW YORK | NY | 10017 | N/A | PC | implementation of the merger between The New York Jewish Week and 70 Faces Media | $16,889 |
| SEACHANGE CAPITAL PARTNERS INC | |||||||
| 155 E 44TH ST | NEW YORK | NY | 10017 | N/A | PC | New York Merger, Acquisition and Collaboration (NYMAC) annual Fund | $25,000 |
| SEACHANGE CAPITAL PARTNERS INC | |||||||
| 155 E 44TH ST | NEW YORK | NY | 10017 | N/A | PC | annual administrative grant | $37,500 |
| SEACHANGE CAPITAL PARTNERS INC | |||||||
| 155 E 44TH ST | NEW YORK | NY | 10017 | N/A | PC | annual administrative grant | $37,500 |
| SEACHANGE CAPITAL PARTNERS INC | |||||||
| 155 E 44TH ST | NEW YORK | NY | 10017 | N/A | PC | annual administrative grant | $37,500 |
| SEACHANGE CAPITAL PARTNERS INC | |||||||
| 155 E 44TH ST | NEW YORK | NY | 10017 | N/A | PC | annual administrative grant | $37,500 |
| SEACHANGE CAPITAL PARTNERS INC | |||||||
| 155 E 44TH ST | NEW YORK | NY | 10017 | N/A | PC | the exploration of a merger between BoardSource and Independent Sector | $50,667 |
| SEACHANGE CAPITAL PARTNERS INC | |||||||
| 155 E 44TH ST | NEW YORK | NY | 10017 | N/A | PC | The implementation of the merger between MacPhail Center for Music and Madeline Island Chamber Music | $22,267 |
| SEACHANGE CAPITAL PARTNERS INC | |||||||
| 155 E 44TH ST | NEW YORK | NY | 10017 | N/A | PC | the implementation of the merger between Northwest Maritime Center and Salish Sea Expeditions | $7,111 |
| SEACHANGE CAPITAL PARTNERS INC | |||||||
| 155 E 44TH ST | NEW YORK | NY | 10017 | N/A | PC | the merger between Center for Resilient Cities and Community GroundWorks | $8,978 |
| SERVICE YEAR EXCHANGE INC | |||||||
| 1400 I ST NW STE 900 | WASHINGTON | DC | 20005 | N/A | PC | Serve America Together campaign | $30,000 |
| THE NISKANEN CENTER INC | |||||||
| 820 1ST ST NE STE 675 | WASHINGTON | DC | 20002 | N/A | PC | General & Unrestricted | $25,000 |
| THE PHILANTHROPY WORKSHOP INC | |||||||
| 110 E 25TH ST | NEW YORK | NY | 10010 | N/A | PC | General & Unrestricted | $12,000 |
| UMOM NEW DAY CENTERS INC | |||||||
| 3333 E VAN BUREN ST | PHOENIX | AZ | 85008 | N/A | PC | General & Unrestricted | $5,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $886,378 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp |
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $503 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,787 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Incm Part VII | OtherInvestmentIncmPartVIIGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $20,949 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $23,239 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $23,239 | 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 (2 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Noncash ContributionNoncashContributionInd | Person ContributionPersonContributionInd |
|---|---|---|---|---|---|---|---|
| Hirsch Investment Partners LLC | |||||||
| 1 | 4455 E Camelback Rd 215A | Phoenix | AZ | 85018 | $655,293 | Yes (X) | |
| Hirsch I Jerome | |||||||
| 2 | 4455 E Camelback Road 215A | Phoenix | AZ | 85018 | $275,000 | Yes (X) | |
Non Cash Property Contribution NonCashPropertyContributionGrp (5 entries)
| ContributorContributorNum | Noncash PropertyNoncashPropertyDesc | Fair Market ValueFairMarketValueAmt | ReceivedReceivedDt |
|---|---|---|---|
| 1 | ANHEUSER BUSCH COS INC BUD, 4100 sh. | $227,140 | 2020-06-09 |
| 1 | CORTEVA INC CTVA, 4110 sh. | $121,348 | 2020-06-09 |
| 1 | DOMINION ENERGY INC D, 1415 sh. | $115,011 | 2020-10-26 |
| 1 | MICROSOFT CORP MSFT, 450 sh. | $95,499 | 2020-10-26 |
| 1 | MEITUAN DIANPING MPNGF, 2700 sh. | $96,295 | 2020-12-15 |
Depreciation Schedule DepreciationSchedule
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | CONDUIT ELECTION | IdentifierTxt |
| Form And Line Reference | Form 990-PF, Part XIII, Line 7 | FormAndLineReferenceDesc |
| Medium Explanation | Election to Treat Unused Prior Year Corpus Distributions as Current Year Corpus Distributions Pursuant to Treasury Regulations Section 53.4942(a)-3(c)(2)(iv), The Lodestar Foundation hereby elects to treat, as a current distribution out of corpus, the following unused prior years' distributions that were treated as corpus distributions under Treasury Regulations Section 53.4942(a)-3(d)(1)(iii) in such prior tax years: Tax Year Amount 2015 $741,934 2016 $188,359 Total $930,293 By: LOIS SAVAGE Title: PRESIDENT Amount Treated as Distributions out of Corpus to Satisfy Section 170(b)(1)(F)(ii) The Lodestar Foundation (the "Foundation") hereby elects to satisfy the requirements of Internal Revenue Code ("Code") Section 170(b)(1)(F)(ii) in respect of contributions of $275,000 and publicly traded securities with a value of $655,293 on the dates received in the taxable year ending December 31, 2020 (the "Conduit Election Year"), for a total of $930,293. To satisfy the requirements of Code Section 170(b)(1)(F)(ii), a private non-operating foundation must: (A) by the end of the Conduit Election Year, distribute any undistributed income from the year immediately preceding the Conduit Election Year; (B) distribute, in the absence of an election under Code Section 4942(h)(2), any undistributed income from the Conduit Election Year by the end of the Conduit Election Year; and (C) make qualifying distributions treated as distributions out of corpus by no later than the 15th day of the third month of the taxable year following the Conduit Election Year in an amount equal to 100 percent of the contributions received by such foundation in the Conduit Election Year. A. Satisfaction of Minimum Distribution Requirement for the Conduit Election Year. As reported on Part XIII, Line 2, column (c), the undistributed income for the year immediately preceding the Conduit Election Year is $0. In other words, the Foundation had no undistributed income for 2019. B. Timely Satisfaction of Minimum Distribution Requirement for the Taxable Year following the Conduit Election Year. As reported on Part XIII, Line 6f, column (d), the undistributed income for the Conduit Election Year is $0. In other words, the Foundation had no undistributed income for 2020. C. Sufficient Timely Qualified Distributions Made Out of Corpus. To satisfy the requirements of Internal Revenue Code Section 170(b)(1)(F)(ii), the Foundation had until March 15, 2021, the 15th day of the third month of the taxable year following the Conduit Election Year, to make distributions out of corpus in an amount equal to 100 percent of the contributions received by it in the Conduit Election Year, $930,293. As reported on Part XIII, Line 7, the Foundation is treating $930,293 as a current distribution out of corpus in full satisfaction of the requirements of Code Section 170(b)(1)(F)(ii) in respect of the Conduit Election Year. The Foundation has attached the necessary election, pursuant to Treasury Regulations Section 53.4942(a)-3(c)(2)(iv), to treat $930,293 of its unused prior years' corpus distributions, as a current distribution out of corpus. | MediumExplanationTxt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| DOMINION ENERGY INC | $16,256 | $15,040 |
| MEITUAN DIANPING | $96,296 | $102,573 |
Liquidation Explanation Stmt LiquidationExplanationStmt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | As explained below, the Foundation has no plans for dissolution. This statement is submitted to report the distribution of certain assets during the year. The distributions resulted in a substantial contraction of assets. The following information is submitted in accordance with Treasury Regulation Section 1.6043-3(a)(1) and the Form 990-PF instructions: During the taxable year ending December 31, 2020, the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled $886,378. This amount represents 25% or more of the Foundation's net assets of $306,161 (as measured by fair market value) at the beginning of the Foundation's taxable year ending December 31, 2020. Although the Foundation technically experienced a substantial contraction, it will continue in existence and has no plans for dissolution. The Foundation made distributions of cash to the grantees listed in the attachment to Part XV, Line 3a; each such grant was made solely for the charitable purpose specified therein. | ExplanationTxt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Document Review/Drafting | CategoryTxt |
| Legal Fees | $149 | LegalFeesAmt |
| Disbursements Charitable Prps | $149 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (9 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| Administrative Fees | $6,691 | $6,691 | |
| Bank Charges | $30 | $30 | |
| Foundation Dues & Memberships | $5,765 | $5,765 | |
| Office Supplies | $5,109 | $5,109 | |
| Registered Agent Fee | $250 | $250 | |
| State or Local Filing Fees | $10 | $10 | |
| Website Hosting/Support | $3,050 | $3,050 | |
| CREDIT CARD ANNUAL FEE | $50 | $50 | |
| CREDIT CARD MISCELLANEOUS FEES | $21 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| Philanthropic Consulting Srvcs | $39,417 | $39,417 |
| Website Development | $29,513 | $29,513 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt |
|---|---|
| 990-PF Estimated Tax for 2020 | $2,900 |
| 990-PF Extension for 2019 | $4,707 |
Comments