WINGATE FOUNDATION: Form 990PF, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- WINGATE FOUNDATION (EIN 94-3301040)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-09-04
- IRS object ID
- 202512479349100731
- Schema version
- 2024v5.0
- 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
- Investments Other Schedule2
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-09-04T19:09:32-04:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 330252865 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ROORDA PIQUET & BESSEE INC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3550 VINE ST SUITE 110 | AddressLine1Txt |
| City | RIVERSIDE | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 925074175 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 943301040 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WINGATE FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | WING | BusinessNameControlTxt |
| Phone | 9518277936 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2451 KNOB HILL DR | AddressLine1Txt |
| City | RIVERSIDE | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 925063436 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | TODD B WINGATE | PersonNm |
| Person Title | SECRETARY | PersonTitleTxt |
| Phone | 9518277936 | PhoneNum |
| Signature | 2025-07-22 | SignatureDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | FERNANDO G AYALA JR | PreparerPersonNm |
| PTIN | P01259082 | PTIN |
| Phone | 9516847781 | PhoneNum |
| Preparation | 2025-07-22 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $10,506,254 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $30,260 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $30,260 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $1,290,963 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $1,290,963 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $3,102,321 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $3,107,729 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $3,102,321 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $200,764 | OtherIncomeRevAndExpnssAmt |
| Total Rev And Expnss | $4,624,308 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $4,423,544 | TotalNetInvstIncmAmt |
| Accounting Fees Rev And Expnss | $8,852 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $8,852 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $8,852 | AccountingFeesAdjNetIncmAmt |
| Taxes Rev And Expnss | $104,938 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $104,938 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $104,938 | TaxesAdjNetIncmAmt |
| Other Expenses Rev And Expnss | $28,902 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $29,902 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $29,902 | OtherExpensesAdjNetIncmAmt |
| Tot Opr Expenses Rev And Expnss | $142,692 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $143,692 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $143,692 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $204,215 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $204,215 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $346,907 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $143,692 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $143,692 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $204,215 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $4,277,401 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $4,279,852 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $403,657 | CashBOYAmt |
| Cash EOY | $31,533 | CashEOYAmt |
| Cash EOYFMV | $31,533 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $1,078,850 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $4,679,267 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $4,679,267 | SavAndTempCashInvstEOYFMVAmt |
| Prepaid Expenses EOY | $9,508 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $9,508 | PrepaidExpensesEOYFMVAmt |
| Other Investments BOY | $907,187 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $901,780 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $1,422,503 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $1,667,957 | OtherAssetsBOYAmt |
| Other Assets EOY | $2,756,018 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $4,363,443 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $4,057,651 | TotalAssetsBOYAmt |
| Total Assets EOY | $8,378,106 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $10,506,254 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $15,229 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $58,283 | AccountsPayableEOYAmt |
| Total Liabilities BOY | $15,229 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $58,283 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $4,042,422 | RetainedEarningBOYAmt |
| Retained Earning EOY | $8,319,823 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $4,042,422 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $8,319,823 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $4,057,651 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $8,378,106 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $4,042,422 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $4,277,401 | ExcessRevenueOverExpensesAmt |
| Subtotal | $8,319,823 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $8,319,823 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| GE VERONVA | P | 2016-01-07 | 2024-04-02 | $35 | $38 | -$3 | -$3 |
| SYNCHRONY FINCL | P | 2022-12-26 | 2024-12-26 | $13,326 | $5,370 | $7,956 | $7,956 |
| WINGATE INDUSTRIES | P | 1998-01-01 | 2024-09-10 | $3,089,235 | $3,089,235 | $3,089,235 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $3,102,321 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $59,490 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $59,490 | SubtotalAmt |
| Tax Based On Investment Income | $59,490 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $823 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $60,000 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $60,823 | TotalPaymentsAndCreditsAmt |
| Overpayment | $1,333 | OverpaymentAmt |
| Applied To ES Tax | $1,146 | AppliedToESTaxAmt |
| Refund | $187 | RefundAmt |
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 | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | CA | 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 |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | TODD WINGATE | IndividualWithBooksNm |
| Phone | 9518277936 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2451 KNOB HILL DR | AddressLine1Txt |
| City | RIVERSIDE | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 925063436 | 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 |
| 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 (3 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 |
|---|---|---|---|---|---|---|---|---|
| MICHAEL K BEAM | ||||||||
| 10155 VIA INDIGO | MORENO VALLEY | CA | 92557 | CEO | 000.00 | $0 | $0 | $0 |
| TODD B WINGATE | ||||||||
| 2451 KNOB HILL | RIVERSIDE | CA | 92506 | SECRETARY | 000.00 | $0 | $0 | $0 |
| JIMMY C MANNING | ||||||||
| 1310 E COLTON AVE | REDLANDS | CA | 92374 | CFO | 000.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
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 | $3,477,849 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $368,958 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $6,260,034 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $10,106,841 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $10,106,841 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $151,603 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $9,955,238 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $497,762 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $497,762 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $59,490 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $59,490 | TotalTaxAmt |
| Distributable Before Adj | $438,272 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $438,272 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $438,272 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $204,215 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $204,215 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $438,272 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr3 | $73,537 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr1 | $115,757 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $189,294 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $204,215 | QualifyingDistributionsAmt |
| Applied To Current Year | $204,215 | AppliedToCurrentYearAmt |
| Excess Distri Cyov App CY Corpus | $189,294 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $189,294 | ExcessDistributionCyovAppCYAmt |
| Undistributed Income CY | $44,763 | UndistributedIncomeCYAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|
| BIG BROTHERSBIG SISTERS | ||||||||
| 8880 BENSON AVE | MONCLAIR | CA | 91763 | NONE | 501(C)(3) | SUPPORT | $50,000 | |
| CIVIL RIGHTS INSTITUTE | ||||||||
| 3933 MISSION INN AVENUE | RIVERSIDE | CA | 92501 | NONE | 501(C)(3) | SUPPORT | $5,000 | STE 103 |
| CRAFT IN AMERICA | ||||||||
| 8415 W THIRD ST | LOS ANGELES | CA | 90048 | NONE | 501(C)(3) | SUPPORT | $35,000 | |
| FEEDING AMERICA RSBC | ||||||||
| 2950 JEFFERSON ST | RIVERSIDE | CA | 92504 | NONE | 501(C)(3) | SUPPORT | $5,000 | |
| GUALALA ARTS CENTER | ||||||||
| PO BOX 244 | GUALALA | CA | 95445 | NONE | 501(C)(3) | SUPPORT | $500 | |
| INLANDIA | ||||||||
| 4178 CHESTNUT ST | RIVERSIDE | CA | 92501 | NONE | 501(C)(3) | SUPPORT | $6,000 | |
| PLAN-IT LIFE INC | ||||||||
| 6235 RIVER CREST DR STE O | RIVERSIDE | CA | 92507 | NONE | 501(C)(3) | SUPPORT | $20,000 | |
| RIVERS & LANDS CONSERVANCY | ||||||||
| 6876 INDIANA AVENUE | RIVERSIDE | CA | 92506 | NONE | 501(C)(3) | SUPPORT | $1,000 | STE J-2 |
| RIVERSIDE SUNRISE ROTARY | ||||||||
| PO BOX 21155 | RIVERSIDE | CA | 92516 | NONE | 501(C)(3) | SUPPORT | $3,000 | |
| SAN FRANCISCO BALLET | ||||||||
| 455 FRANKLIN STREET | SAN FRANCISCO | CA | 94102 | NONE | 501(C)(3) | SUPPORT | $22,715 | |
| SMITHOSNIAN AMERICAN ART MUSEUM | ||||||||
| PO BOX 37012 MRC 712 | WASHINGTON | DC | 20013 | NONE | 501(C)(3) | SUPPORT | $12,000 | |
| THE MINT MUSEUM | ||||||||
| 2730 RANDOLPH RD | CHARLOTTE | NC | 28207 | NONE | 501(C)(3) | SUPPORT | $28,000 | |
| THE SEA RANCH THESPIANS | ||||||||
| PO BOX 149 | RIVERSIDE | CA | 95497 | NONE | 501(C)(3) | SUPPORT | $16,000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $204,215 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $30,260 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,290,963 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $3,102,321 | RelatedOrExemptFunctionIncmAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | GWG LLC | Desc |
| Business | 531120 | BusinessCd |
| Unrelated Business Taxbl Incm | $200,764 | UnrelatedBusinessTaxblIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $200,764 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $1,321,223 | ExclusionAmt |
| Related Or Exempt Function Incm | $3,102,321 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $4,624,308 | 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 | PROFESSIONAL EXPENSES | CategoryTxt |
| Amt | $8,852 | Amt |
| Net Investment Income | $8,852 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $8,852 | AdjustedNetIncomeAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | SCHWAB INVESTMENT | CategoryOrItemTxt |
| Listed At Cost Or FMV | AT COST | ListedAtCostOrFMVCd |
| Book Value | $901,780 | BookValueAmt |
| EOYFMV | $1,422,503 | EOYFMVAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (4 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| GWG, LLC | $1,588,912 | $1,588,344 | $3,070,200 |
| WINGATE INDUSTRIES | $24,045 | $111,217 | $236,786 |
| ART/FURNITURE | $55,000 | $27,000 | $27,000 |
| AMERICAN NATIONAL | $1,029,457 | $1,029,457 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| EXPENSES | |||
| MANAGEMENT FEES | $25,688 | $26,688 | $26,688 |
| BANK CHARGES | $25 | $25 | $25 |
| OTHER EXPENSES | $3,189 | $3,189 | $3,189 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | GWG LLC | Desc |
| Revenue And Expenses Per Books | $200,764 | RevenueAndExpensesPerBooksAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (5 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| CALIF FORM 109 TAX | $16,232 | $16,232 | $16,232 |
| FEDERAL 990-T | $29,364 | $29,364 | $29,364 |
| FOREIGN TAXES PAID | $150 | $150 | $150 |
| DOJ | $100 | $100 | $100 |
| FEDERAL EXCISE TAX | $59,092 | $59,092 | $59,092 |
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