BETA

BELIEVE FOUNDATION: Form 990PF, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
BELIEVE FOUNDATION (EIN 47-4607746)
Tax period
2019-06-01 to 2020-05-31
Filed
2020-10-13
IRS object ID
202012879349100026
Schema version
2019v5.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2020-10-13T19:11:51-04:00ReturnTs
Tax Period End2020-05-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1SCOTT RUDOLPH TAX STRATEGIES LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line118 N MAIN ST STE 205AddressLine1Txt
CityDOYLESTOWNCityNm
State AbbreviationPAStateAbbreviationCd
ZIP18901ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2019-06-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN474607746EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1BELIEVE FOUNDATION CORPORATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlBELIBusinessNameControlTxt

US Address USAddress

FieldValueIRS element (for citing)
Address Line14529 BLUE RIDGE DRIVEAddressLine1Txt
CityDOYLESTOWNCityNm
State AbbreviationPAStateAbbreviationCd
ZIP18902ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonKARINA MARTINOPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone2154504929PhoneNum
Signature2020-10-12SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonSCOTT RUDOLPH CPAPreparerPersonNm
PTINP01025685PTIN
Phone2679359050PhoneNum
Preparation2020-10-13PreparationDt
Self EmployedYes (X)SelfEmployedInd

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address73.30.123.39IPv4AddressTxt
FieldValueIRS element (for citing)
IP2020-10-13IPDt
IP Tm19:18:39IPTm
Federal Original Submission Id24462820202870sczmlkFederalOriginalSubmissionId
Federal Original Submission Id2020-10-13FederalOriginalSubmissionIdDt
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id68217BF0C4EA1E25ABA6873165D444EF202508B9AtSubmissionCreationDeviceId
At Submission Filing Device Id68217BF0C4EA1E25ABA6873165D444EF202508B9AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2021-04-22 16:20:28ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$13,078FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$6,400ContriRcvdRevAndExpnssAmt
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Total Rev And Expnss$6,400TotalRevAndExpnssAmt
Total Net Invst Incm$0TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$750AccountingFeesRevAndExpnssAmt
Accounting Fees Chrtbl Prps$750AccountingFeesChrtblPrpsAmt
Trav Conf Meeting Rev And Expnss$1,079TravConfMeetingRevAndExpnssAmt
Trav Conf Meeting Dsbrs Chrtbl$1,079TravConfMeetingDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$1,829TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$1,829TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$3,555ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$3,555ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$5,384TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$5,384TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$1,016ExcessRevenueOverExpensesAmt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$12,062CashBOYAmt
Cash EOY$13,078CashEOYAmt
Cash EOYFMV$13,078CashEOYFMVAmt
Total Assets BOY$12,062TotalAssetsBOYAmt
Total Assets EOY$13,078TotalAssetsEOYAmt
Total Assets EOYFMV$13,078TotalAssetsEOYFMVAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$12,062RetainedEarningBOYAmt
Retained Earning EOY$13,078RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$12,062TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$13,078TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$12,062TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$13,078TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$12,062TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$1,016ExcessRevenueOverExpensesAmt
Subtotal$13,078SubtotalAmt
Tot Net Ast Or Fund Balances EOY$13,078TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$750AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$10,342NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.07252DistributionYr1Rt
Total Distribution0.07252TotalDistributionRt
Average Distribution0.07252AverageDistributionRt
Net Vl Noncharitable Assets$13,476NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$977AdjNetVlNoncharitableAssetsAmt
Adj Nonchrtbl Net Invst Incm Pct$977AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$5,384QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eYes (X)DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax$0InvestmentIncomeExciseTaxAmt
Tax Under Section511$0TaxUnderSection511Amt
Subtitle A Tax$0SubtitleATaxAmt
Tax Based On Investment Income$0TaxBasedOnInvestmentIncomeAmt

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
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StatePAOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrfalseComplyWithPublicInspRqrInd
Individual With BooksKARINA MARTINOIndividualWithBooksNm
Phone2154504929PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line14529 BLUE RIDE DRIVEAddressLine1Txt
CityDOYLESTOWNCityNm
State AbbreviationPAStateAbbreviationCd
ZIP18902ZIPCd
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
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Undistr Incm Sect4942a2 Not AppfalseUndistrIncmSect4942a2NotAppInd
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 (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
KARINA MARTINO
4529 BLUE RIDE DRIVEDOYLESTOWNPA18902PRESIDENT0.50$0$0$0
DARIO MARTINO
4529 BLUE RIDGE DRIVEDOYLESTOWNPA18902SECRETARY0.50$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k0OtherEmployeePaidOver50kCnt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$13,681AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$13,681TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$13,681AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$205CashDeemedCharitableAmt
Net Vl Noncharitable Assets$13,476NetVlNoncharitableAssetsAmt
Minimum Investment Return$674MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$674MinimumInvestmentReturnAmt
Distributable Before Adj$674DistributableBeforeAdjAmt
Distributable Before Ded$674DistributableBeforeDedAmt
Distributable As Adjusted$674DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$5,384ExpensesAndContributionsAmt
Qualifying Distributions$5,384QualifyingDistributionsAmt
Adjusted Qualifying Distri$5,384AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$674DistributableAsAdjustedAmt
Qualifying Distributions$5,384QualifyingDistributionsAmt
Applied To Current Year$674AppliedToCurrentYearAmt
Remaining Distri From Corpus$4,710RemainingDistriFromCorpusAmt
Total Corpus$4,710TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$4,710ExcessDistriCyovToNextYrAmt
Excess From Year1$233ExcessFromYear1Amt
Excess From Current Year$4,477ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

FieldValueIRS element (for citing)
Recipient PersonJOSE CALROS GOROSTIAGA MATIAUDARecipientPersonNm

Recipient Foreign Address RecipientForeignAddress

FieldValueIRS element (for citing)
Address Line1395 ALFEREZ SILVAAddressLine1Txt
CityASUNCIONCityNm
Province Or StateASUNCIONProvinceOrStateNm
CountryPACountryCd
Foreign Postal0000ForeignPostalCd
FieldValueIRS element (for citing)
Recipient RelationshipNONERecipientRelationshipTxt
Recipient Foundation StatusIRecipientFoundationStatusTxt
Grant Or Contribution PurposeREPAIRS TO BUIDLING AND CHAPEL IN PARAGUAYGrantOrContributionPurposeTxt
Amt$3,555Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$3,555TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut$0TotalGrantOrContriApprvFutAmt

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)
CategoryACCOUNTING FEESCategoryTxt
Amt$750Amt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$750DisbursementsCharitablePrpsAmt

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