ISLAND FOUNDATION: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- ISLAND FOUNDATION (EIN 84-0715001)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2020-07-12
- IRS object ID
- 202041949349100219
- Schema version
- 2019v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Accounting Fees Schedule
- Depreciation Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Land Etc Schedule2
- Legal Fees Schedule
- Other Expenses Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-07-12T22:21:58-05:00 | ReturnTs |
| Tax Period End | 2019-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 840865725 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHADWICK STEINKIRCHNER DAVIS & CO P C | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2499 HWY 6 50 | AddressLine1Txt |
| City | GRAND JUNCTION | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 815051106 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2019-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 840715001 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ISLAND FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ISLA | BusinessNameControlTxt |
| Phone | 6508513009 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3346 SOUTH XANTHIA CT | AddressLine1Txt |
| City | DENVER | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 80231 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | WALTER SEDGWICK | PersonNm |
| Person Title | OFFICER | PersonTitleTxt |
| Phone | 6508513009 | PhoneNum |
| Signature | 2020-06-16 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | WAYNE A KEELER | PreparerPersonNm |
| PTIN | P01262607 | PTIN |
| Phone | 9702453000 | PhoneNum |
| Preparation | 2020-06-16 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | 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 | $2,039,611 | 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 | $1,625,720 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $846 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $846 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $846 | InterestOnSavingsAdjNetIncmAmt |
| Dividends Rev And Expnss | $17,277 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $17,277 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $17,277 | DividendsAdjNetIncmAmt |
| Total Rev And Expnss | $1,643,843 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $18,123 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $18,123 | TotalAdjNetIncmAmt |
| Legal Fees Rev And Expnss | $9,628 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $464 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $9,628 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $9,164 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $1,785 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $1,785 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $1,785 | AccountingFeesAdjNetIncmAmt |
| Other Prof Fees Rev And Expnss | $115,000 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Adj Net Incm | $115,000 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $115,000 | OtherProfFeesDsbrsChrtblAmt |
| Interest Rev And Expnss | $42 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $42 | InterestNetInvstIncmAmt |
| Interest Adj Net Incm | $42 | InterestAdjNetIncmAmt |
| Taxes Rev And Expnss | $750 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $600 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $150 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $150 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $9,575 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Adj Net Incm | $9,575 | DeprecAndDpltnAdjNetIncmAmt |
| Trav Conf Meeting Rev And Expnss | $87,159 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Adj Net Incm | $87,159 | TravConfMeetingAdjNetIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $87,159 | TravConfMeetingDsbrsChrtblAmt |
| Printing And Pub Rev And Expnss | $645 | PrintingAndPubRevAndExpnssAmt |
| Printing And Pub Adj Net Incm | $645 | PrintingAndPubAdjNetIncmAmt |
| Printing And Pub Dsbrs Chrtbl | $645 | PrintingAndPubDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $28,554 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $568 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $28,554 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $27,986 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $253,138 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $3,459 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $252,538 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $240,104 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $338,500 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $338,500 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $591,638 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $3,459 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $252,538 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $578,604 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $1,052,205 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $14,664 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $441,197 | CashBOYAmt |
| Cash EOY | $27,733 | CashEOYAmt |
| Cash EOYFMV | $27,733 | CashEOYFMVAmt |
| Sav And Temp Cash Invst EOY | $1,409,475 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $1,409,475 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $218,186 | CorporateStockBOYAmt |
| Corporate Stock EOY | $218,186 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $543,346 | CorporateStockEOYFMVAmt |
| Other Investments EOY | $25,335 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $25,335 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $67,343 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $33,621 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $1,864 | LandBOYAmt |
| Land EOY | $33,722 | LandEOYAmt |
| Land EOYFMV | $33,722 | LandEOYFMVAmt |
| Total Assets BOY | $661,247 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,714,451 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $2,039,611 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $5,856 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $6,855 | AccountsPayableEOYAmt |
| Total Liabilities BOY | $5,856 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $6,855 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $655,391 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $1,707,596 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $655,391 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $1,707,596 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $661,247 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $1,714,451 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $655,391 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $1,052,205 | ExcessRevenueOverExpensesAmt |
| Subtotal | $1,707,596 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $1,707,596 | TotNetAstOrFundBalancesEOYAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $157,264 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $647,452 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.242897 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $153,853 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $476,597 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.322816 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $14,778 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $511,905 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.028869 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $36,700 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $562,171 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.065283 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $36,793 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $586,747 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.062707 | DistributionYr5Rt |
| Total Distribution | 0.722572 | TotalDistributionRt |
| Average Distribution | 0.144514 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $1,425,995 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $206,076 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $147 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $206,223 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $578,604 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | Yes (X) | DomesticOrgMeetingSect4940eInd |
| Investment Income Excise Tax | $147 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $147 | SubtotalAmt |
| Tax Based On Investment Income | $147 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $420 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $420 | TotalPaymentsAndCreditsAmt |
| Overpayment | $273 | OverpaymentAmt |
| Applied To ES Tax | $273 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | CO | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | Yes (true) | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | WALTER SEDGWICK | IndividualWithBooksNm |
| Phone | 6508513009 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 20 OLD LA HONDA ROAD | AddressLine1Txt |
| City | WOODSIDE | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94062 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | WALTER SEDGWICK | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 20 OLD LA HONDA ROAD | AddressLine1Txt |
| City | WOODSIDE | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94062 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | OFFICER | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 15.00 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $0 | CompensationAmt |
| Employee Benefit Program | $0 | EmployeeBenefitProgramAmt |
| Expense Account Other Allwnc | $0 | ExpenseAccountOtherAllwncAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | HAO SHENG | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 611 W 33RD STREET | AddressLine1Txt |
| City | AUSTIN | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 78705 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | CONSULTING | ServiceTypeTxt |
| Compensation | $115,000 | CompensationAmt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | USE FOUNDATION RESOURCES TO ENCOURAGE THE USE OF TECHNOLOGICAL EQUIPMENT, SUCH AS DRONES AND LIVE CAMERA TRAPS TO ENHANCE OUR ABILITY TO DO WILDLIFE CONSERVATION IN CONJUNCTION WITH THE WILDLIFE CONSERVATION SOCIETY. | Description1Txt |
| Expenses1 | $500,146 | Expenses1Amt |
| Description2 | ENCOURAGE, ENABLE AND CATALYZE EDUCATION, INCLUDING RESEARCH, SCHOLARSHIP AND PUBLICATION OF HARVARD ART MUSEUM WITH REGARDS TO ASIAN ART. | Description2Txt |
| Expenses2 | $78,458 | Expenses2Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $483,173 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $939,203 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $25,335 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $1,447,711 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $1,447,711 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $21,716 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $1,425,995 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $71,300 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sect4942j3j5 Fndtn And Frgn Org | Yes (X) | Sect4942j3j5FndtnAndFrgnOrgInd |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $578,604 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $578,604 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $147 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $578,457 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Qualifying Distributions | $578,604 | QualifyingDistributionsAmt |
| Remaining Distri From Corpus | $578,604 | RemainingDistriFromCorpusAmt |
| Total Corpus | $578,604 | TotalCorpusAmt |
Private Operating Foundations PrivateOperatingFoundationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Fndtn Ruling | 1976-09-17 | PrivateOperatingFndtnRulingDt |
| Section4942j3 | Yes (X) | Section4942j3Ind |
Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $0 | CurrentYearAmt |
| Total | $0 | TotalAmt |
Qualifying Distributions QualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $578,604 | CurrentYearAmt |
| Year1 | $157,264 | Year1Amt |
| Year2 | $154,758 | Year2Amt |
| Year3 | $14,778 | Year3Amt |
| Total | $905,404 | TotalAmt |
Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $578,604 | CurrentYearAmt |
| Year1 | $157,264 | Year1Amt |
| Year2 | $154,758 | Year2Amt |
| Year3 | $14,778 | Year3Amt |
| Total | $905,404 | TotalAmt |
Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $47,533 | CurrentYearAmt |
| Year1 | $21,582 | Year1Amt |
| Year2 | $15,887 | Year2Amt |
| Year3 | $17,063 | Year3Amt |
| Total | $102,065 | TotalAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | WALTER SEDGWICK | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (13 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|
| DUKE UNIVERSITY | |||||
| 2080 DUKE UNIVERSITY ROAD | DURHAM | NC | 27708 | GENERAL FUND | $97,000 |
| UNIVERSTIY OF SOUTHERN CALIFORNIA | |||||
| UNIVERSITY PARK CAMPUS | LOS ANGELES | CA | 90089 | GENERAL FUND | $20,000 |
| MONGABAY | |||||
| PO BOX 291 | MENLO PARK | CA | 94026 | GENERAL FUND | $5,500 |
| WILDLIFE CONSERVATION SOCIETY | |||||
| 2300 SOUTHERN BLVD | BRONX | NY | 10460 | GENERAL FUND | $160,000 |
| RESOURCES LEGACY FUND | |||||
| 811 WILSHIRE BLVD | LOS ANGELES | CA | 90017 | GENERAL FUND | $8,000 |
| TROUT UNLIMITED | |||||
| PO BOX 7400 | WOOLLY BUGGER | WV | 25438 | GENERAL FUND | $800 |
| HARVARD UNIVERSITY | |||||
| 30 DUNSTER STREET | CAMBRIDGE | MA | 02138 | GENERAL FUND | $24,150 |
| RAINFOREST TRUST | |||||
| PO BOX 841 | WARRENTON | VA | 20188 | GENERAL FUND | $14,500 |
| STANFORD UNIVERSITY | |||||
| 450 SERRA MALL | STANFORD | CA | 94305 | GENERAL FUND | $1,000 |
| HARVARD MAGAZINE | |||||
| 7 WARE STREET | CAMBRIDGE | MA | 02138 | GENERAL FUND | $500 |
| THE TURTLE SURVIVAL ALLIANCE | |||||
| 1989 COLONIAL PKWY | FORT WORTH | TX | 76110 | GENERAL FUND | $5,800 |
| PLANNED PARENTHOOD | |||||
| 133 WILLIAM STREET | NEW YORK | NY | 10038 | GENERAL FUND | $1,000 |
| WIKIMEDIA FOUNDATION | |||||
| PO BOX 98204 | WASHINGTON | DC | 20090 | GENERAL FUND | $250 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $338,500 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $846 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $17,277 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $18,123 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $18,123 | 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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | TAX PREPARATION FEES | CategoryTxt |
| Amt | $1,785 | Amt |
| Net Investment Income | $1,785 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $1,785 | AdjustedNetIncomeAmt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (7 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Prior Year DepreciationPriorYearDepreciationAmt | Computation MethodComputationMethodTxt | LifeLifeRt | Current Year ExpenseCurrentYearExpenseAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|---|---|---|---|
| FURNITURE & EQUIPMENT | 2000-12-31 | $14,554 | $14,554 | 200DB | 7.0000 | ||
| EQUIPMENT (COLO) | 2000-12-31 | $4,616 | $4,616 | 200DB | 7.0000 | ||
| FISH FINDER | 2015-02-16 | $3,410 | $2,345 | 200DB | 7.0000 | $304 | $304 |
| PHANTOM 4 DRONE | 2017-02-22 | $3,329 | $2,530 | 200DB | 5.0000 | $319 | $319 |
| DRONE - PARROTT | 2019-02-07 | $33,630 | 200DB | 5.0000 | $6,726 | $6,726 | |
| DRONE SOFTWARE | 2019-05-12 | $4,990 | 200DB | 3.0000 | $1,663 | $1,663 | |
| COMPUTER | 2019-04-01 | $2,814 | 200DB | 5.0000 | $563 | $563 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | CHARLES SCHWAB ACCOUNT | StockNm |
| EOY Book Value | $218,186 | EOYBookValueAmt |
| EOYFMV | $543,346 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | INVESTMENT IN ART | CategoryOrItemTxt |
| Listed At Cost Or FMV | AT COST | ListedAtCostOrFMVCd |
| Book Value | $25,335 | BookValueAmt |
| EOYFMV | $25,335 | EOYFMVAmt |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | FURNITURE & EQUIPMENT | CategoryOrItemTxt |
| Cost Or Other Basis | $67,343 | CostOrOtherBasisAmt |
| Accumulated Depreciation | $33,621 | AccumulatedDepreciationAmt |
| Book Value | $33,722 | BookValueAmt |
| EOYFMV | $33,722 | EOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $9,628 | LegalFeesAmt |
| Net Investment Income | $464 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $9,628 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $9,164 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (6 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| EXPENSES | ||||
| BANK FEES | $229 | $229 | $229 | |
| DE MINIMIS EQUIPMENT | $4,513 | $4,513 | $4,513 | |
| OFFICE EXPENSE | $2,848 | $2,848 | $2,848 | |
| DRONE ACCESSORIES & SUPPLIES | $19,947 | $19,947 | $19,947 | |
| TELECOMMUNICATIONS | $1,017 | $339 | $1,017 | $678 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | HAO SHENG | CategoryTxt |
| Amt | $115,000 | Amt |
| Adjusted Net Income | $115,000 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $115,000 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| FEDERAL INCOME TAX PAID | $600 | $600 | ||
| FAA STATE BOARD EXAM AND LICENSE | $150 | $150 | $150 |
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