GATHERER FAMILY FOUNDATION: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- GATHERER FAMILY FOUNDATION (EIN 95-4669010)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2020-11-03
- IRS object ID
- 202013089349100536
- 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
- Schedule B
- Accounting Fees Schedule
- General Explanation Attachment
- Legal Fees Schedule
- Other Professional Fees Schedule
- Substantial Contributors Sch
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-11-03T16:40:19-08:00 | ReturnTs |
| Tax Period End | 2019-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 330686301 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CLIFTONLARSONALLEN LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2875 MICHELLE STE 300 | AddressLine1Txt |
| City | IRVINE | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 926061020 | 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 | 954669010 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Gatherer Family Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | GATH | BusinessNameControlTxt |
| Phone | 9492156740 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 755 | AddressLine1Txt |
| City | San Clemente | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92674 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | William Gencarella | PersonNm |
| Person Title | President | PersonTitleTxt |
| Signature | 2020-11-03 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | David Krickl CPA | PreparerPersonNm |
| PTIN | P00026573 | PTIN |
| Phone | 7149781300 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | TaxYr |
| Build TS | 2021-04-22 16:20:28Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Change | Yes (X) | AddressChangeInd |
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $10,035,357 | 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 | $633,587 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $17,155 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $17,155 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $203,941 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $203,941 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $781,249 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $5,741,671 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $781,249 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $1,635,932 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,002,345 | TotalNetInvstIncmAmt |
| Legal Fees Rev And Expnss | $61,907 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $61,907 | LegalFeesNetInvstIncmAmt |
| Accounting Fees Rev And Expnss | $2,571 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $2,571 | AccountingFeesNetInvstIncmAmt |
| Other Prof Fees Rev And Expnss | $51,223 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $51,223 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $13,589 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $85 | TaxesNetInvstIncmAmt |
| Tot Opr Expenses Rev And Expnss | $129,290 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $115,786 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $440,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $440,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $569,290 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $115,786 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $440,000 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $1,066,642 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $886,559 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $611,423 | CashBOYAmt |
| Cash EOY | $453,083 | CashEOYAmt |
| Cash EOYFMV | $453,083 | CashEOYFMVAmt |
| Sav And Temp Cash Invst EOY | $390,323 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $390,323 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $981,842 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $1,075,649 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $1,092,953 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $5,463,324 | CorporateStockBOYAmt |
| Corporate Stock EOY | $6,271,513 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $7,541,451 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $593,453 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $533,425 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $557,547 | CorporateBondsEOYFMVAmt |
| Total Assets BOY | $7,650,042 | TotalAssetsBOYAmt |
| Total Assets EOY | $8,723,993 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $10,035,357 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $7,650,042 | RetainedEarningBOYAmt |
| Retained Earning EOY | $8,723,993 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $7,650,042 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $8,723,993 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $7,650,042 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $8,723,993 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $7,650,042 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $1,066,642 | ExcessRevenueOverExpensesAmt |
| Other Increases | $7,309 | OtherIncreasesAmt |
| Subtotal | $8,723,993 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $8,723,993 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| Publicly Traded Securities - S/T | P | 2019-01-01 | 2019-12-31 | $3,397,123 | $3,204,736 | $192,387 | $192,387 |
| Publicly Traded Securities - L/T | P | 2018-01-01 | 2019-12-31 | $2,344,548 | $1,755,686 | $588,862 | $588,862 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $781,249 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $191,940 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $8,927,544 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.02150 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $155,648 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $8,138,055 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.01913 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $369,413 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $6,561,360 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.05630 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $128,377 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $2,450,256 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.05239 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $80,720 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $1,406,135 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.05741 | DistributionYr5Rt |
| Total Distribution | 0.206726 | TotalDistributionRt |
| Average Distribution | 0.041345 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $8,129,223 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $336,103 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $8,866 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $344,969 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $440,000 | 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 | $8,866 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $8,866 | SubtotalAmt |
| Tax Based On Investment Income | $8,866 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $1,797 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $3,750 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $5,547 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $257 | EsPenaltyAmt |
| Tax Due | $3,576 | 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 | Yes (true) | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | false | 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 | Yes (true) | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Gatherer Family Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 9492156740 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 755 | AddressLine1Txt |
| City | San Clemente | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92674 | 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 |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | Yes (true) | UndistributedIncomePYInd |
| Undistributed Income PY1 | 2019 | UndistributedIncomePY1Yr |
| Undistr Incm Sect4942a2 Not App | false | UndistrIncmSect4942a2NotAppInd |
| Undistr Incm Sect4942a2 App Yr1 | 2019 | UndistrIncmSect4942a2AppYr1Yr |
| 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 |
|---|---|---|---|---|---|---|
| William Gencarella | ||||||
| PO Box 755 | San Clemente | CA | 92674 | CFO | 0.00 | $0 |
| Chistine Gencarella | ||||||
| PO Box 755 | San Clemente | CA | 92672 | CEO | 0.00 | $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 |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $7,644,717 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $608,301 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $8,253,018 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $8,253,018 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $123,795 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $8,129,223 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $406,461 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $406,461 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $8,866 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $8,866 | TotalTaxAmt |
| Distributable Before Adj | $397,595 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $397,595 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $397,595 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $440,000 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $440,000 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $8,866 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $431,134 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $397,595 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $434,170 | UndistributedIncomePYAmt |
| Qualifying Distributions | $440,000 | QualifyingDistributionsAmt |
| Applied To Year1 | $434,170 | AppliedToYear1Amt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $5,830 | AppliedToCurrentYearAmt |
| Undistributed Income CY | $391,765 | UndistributedIncomeCYAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Bank of America Charitable Gift Fund | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8910 Purdue Rd Suite 500 | AddressLine1Txt |
| City | Indianapolis | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46268 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | None | RecipientRelationshipTxt |
| Recipient Foundation Status | POF | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | General Fund | GrantOrContributionPurposeTxt |
| Amt | $440,000 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $440,000 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $17,155 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $203,941 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $781,249 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $221,096 | ExclusionAmt |
| Related Or Exempt Function Incm | $781,249 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,002,345 | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Contributor Person | Gatherer By-Pass Trust | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 755 | AddressLine1Txt |
| City | San Clemente | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92674 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $633,588 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Accounting Fees | CategoryTxt |
| Amt | $2,571 | Amt |
| Net Investment Income | $2,571 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part VII-A Question 3 | FormAndLineReferenceDesc |
| Medium Explanation | Under the Superior Court of California ruling, Ira Maser has been removed and no longer has a role with the Foundation, as a director, officer, or key employee. William and Christine Gencarella were authorized to serve as Directors of the Foundation. See attached report for details. | MediumExplanationTxt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Legal Fees | CategoryTxt |
| Legal Fees | $61,907 | LegalFeesAmt |
| Net Investment Income | $61,907 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| Investment Advisory Fees | $51,073 | $51,073 | $0 | $0 |
| Investment Annual Fee | $150 | $150 | $0 | $0 |
Substantial Contributors Sch SubstantialContributorsSch
Substantial Contributor Detail SubstantialContributorDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Bypass Tr Under the Gatherer Fam Tr | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 755 | AddressLine1Txt |
| City | San Clemente | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92674 | ZIPCd |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| Foreign Taxes | $9,216 | |
| Franchise Tax Board | $10 | $10 |
| Other Taxes Paid | $75 | $75 |
| US Treasury | $4,288 |
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