ELIZABETH HOOK ARMSTRONG FOUNDATION: Form 990PF, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
ELIZABETH HOOK ARMSTRONG FOUNDATION (EIN 77-0547321)
Tax period
2019-01-01 to 2019-12-31
Filed
2020-10-01
IRS object ID
202012759349100311
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 ReturnHeader

FieldValueIRS element (for citing)
Return2020-10-01T16:43:07-07:00ReturnTs
Tax Period End2019-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN770296692PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Finn & Cohen CPAs APCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1425 Pacific Street Suite 302AddressLine1Txt
CityMontereyCityNm
State AbbreviationCAStateAbbreviationCd
ZIP93940ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2019-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN770547321EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Elizabeth Hook Armstrong FoundationBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlELIZBusinessNameControlTxt
Phone8313752327PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1215 West Franklin StreetAddressLine1Txt
CityMontereyCityNm
State AbbreviationCAStateAbbreviationCd
ZIP93940ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJeffrey W GormanPersonNm
Person TitleTreasurerPersonTitleTxt
Signature2020-10-01SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMark Kintz CPAPreparerPersonNm
PTINP00966850PTIN
Phone8313755166PhoneNum
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2021-04-22 16:20:28ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Address ChangeYes (X)AddressChangeInd
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$1,154,369FMVAssetsEOYAmt
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$3,218InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$3,218InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$3,218InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss$21,274DividendsRevAndExpnssAmt
Dividends Net Invst Incm$21,274DividendsNetInvstIncmAmt
Dividends Adj Net Incm$21,274DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss$4,454NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$57,971GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$4,454CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$28,946TotalRevAndExpnssAmt
Total Net Invst Incm$28,946TotalNetInvstIncmAmt
Total Adj Net Incm$24,492TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss$850AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$170AccountingFeesNetInvstIncmAmt
Taxes Rev And Expnss$1,390TaxesRevAndExpnssAmt
Other Expenses Rev And Expnss$1,530OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$330OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$3,770TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$500TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$51,266ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$51,266ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$55,036TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$500TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$51,266TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$26,090ExcessRevenueOverExpensesAmt
Net Investment Income$28,446NetInvestmentIncomeAmt
Adjusted Net Income$24,492AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$104,537CashBOYAmt
Cash EOY$81,943CashEOYAmt
Cash EOYFMV$81,943CashEOYFMVAmt
Corporate Stock BOY$423,698CorporateStockBOYAmt
Corporate Stock EOY$420,180CorporateStockEOYAmt
Corporate Stock EOYFMV$921,659CorporateStockEOYFMVAmt
Other Investments BOY$150,000OtherInvestmentsBOYAmt
Other Investments EOY$150,022OtherInvestmentsEOYAmt
Other Investments EOYFMV$150,767OtherInvestmentsEOYFMVAmt
Total Assets BOY$678,235TotalAssetsBOYAmt
Total Assets EOY$652,145TotalAssetsEOYAmt
Total Assets EOYFMV$1,154,369TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$678,235NoDonorRstrNetAssestsBOYAmt
Tot Net Ast Or Fund Balances BOY$678,235TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$652,145TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$678,235TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$652,145TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$678,235TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$26,090ExcessRevenueOverExpensesAmt
Subtotal$652,145SubtotalAmt
Tot Net Ast Or Fund Balances EOY$652,145TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
50000 Discover Bank CDP2017-12-312019-09-27$50,000$50,000
27 IShares Core S&P 500 ETFP2017-12-312019-10-09$7,971$3,517$4,454$4,454
FieldValueIRS element (for citing)
Capital Gain Net Income$4,454CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$35,000AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$1,050,344NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.03332DistributionYr1Rt
Adjusted Qlfy Distri Yr2$60,941AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$984,443NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.06190DistributionYr2Rt
Adjusted Qlfy Distri Yr3$47,797AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$948,210NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.05041DistributionYr3Rt
Adjusted Qlfy Distri Yr4$45,668AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$965,704NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.04729DistributionYr4Rt
Adjusted Qlfy Distri Yr5$34,754AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$938,898NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.03702DistributionYr5Rt
Total Distribution0.229940TotalDistributionRt
Average Distribution0.045988AverageDistributionRt
Net Vl Noncharitable Assets$1,080,603NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$49,695AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$284NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$49,979AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$51,266QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eYes (X)DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax$284InvestmentIncomeExciseTaxAmt
Subtotal$284SubtotalAmt
Tax Based On Investment Income$284TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$880EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$880TotalPaymentsAndCreditsAmt
Overpayment$596OverpaymentAmt
Applied To ES Tax$596AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateCAOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1Jeffrey W GormanBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8313752327PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1215 West Franklin Ste 312AddressLine1Txt
CityMontereyCityNm
State AbbreviationCAStateAbbreviationCd
ZIP93940ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Acts Fail To Qlfy As ExceptionsfalseActsFailToQlfyAsExceptionsInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
Walter Mcullough
850 Webster Channing Hse 255Palo AltoCA94301President0.20$0
Brian Steckler
25777 Tierra Grande DriveCarmelCA93923Secretary0.30$0
Mike Kelly
PO Box 222634CarmelCA93922Trustee0.20$0
Jeffrey W Gorman
215 West Franklin Street 312MontereyCA93940Treasurer1.00$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$988,687AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$108,372AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$1,097,059TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$1,097,059AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$16,456CashDeemedCharitableAmt
Net Vl Noncharitable Assets$1,080,603NetVlNoncharitableAssetsAmt
Minimum Investment Return$54,030MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$54,030MinimumInvestmentReturnAmt
Tax Based On Investment Income$284TaxBasedOnInvestmentIncomeAmt
Total Tax$284TotalTaxAmt
Distributable Before Adj$53,746DistributableBeforeAdjAmt
Distributable Before Ded$53,746DistributableBeforeDedAmt
Distributable As Adjusted$53,746DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$51,266ExpensesAndContributionsAmt
Qualifying Distributions$51,266QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$284PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$50,982AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$53,746DistributableAsAdjustedAmt
Undistributed Income PY$51,155UndistributedIncomePYAmt
Qualifying Distributions$51,266QualifyingDistributionsAmt
Applied To Year1$51,155AppliedToYear1Amt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$111AppliedToCurrentYearAmt
Undistributed Income CY$53,635UndistributedIncomeCYAmt

Supplementary Information SupplementaryInformationGrp

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonNoneRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line125777 Tierra Grande DriveAddressLine1Txt
CityCarmelCityNm
State AbbreviationCAStateAbbreviationCd
ZIP93923ZIPCd
FieldValueIRS element (for citing)
Recipient Phone8312776222RecipientPhoneNum
Recipient Email AddressnoneRecipientEmailAddressTxt
Form And Info And MaterialsElizabeth Hook Armstrong Foundation Application FormFormAndInfoAndMaterialsTxt
Submission DeadlinesNoneSubmissionDeadlinesTxt
Restrictions On AwardsAs stated in the Articles of Incorporation, grant benefits are for programs that serve students with special needs who are, will be, or have been enrolled at the AB Ingham School ( a special needs program administered by the Monterey County Office of Education).RestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (3 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
Christine Marie's STAR Riders
2115 N fremont StreetMontereyCA93940Foundation beneficiaryPCTherapeutic riding for handicapped children$14,133
AB Ingham School
47 San Benancio RoadSalinasCA93908Foundation beneficiaryGOVHandicapped education$23,000
Josephine Kernes Memorial Pool
15 Portola AvenueMontereyCA93940Foundation beneficiaryPCHandicapped exercise$14,133
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$51,266TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$3,218ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$21,274ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$4,454ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$28,946ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$28,946TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
Amt$850Amt
Net Investment Income$170NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmt
Fidelity fees$30$30
Insurance$1,250$250
Outside services$250$50

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmt
Ca and FTB$75
Federal$1,315

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