EDERIC FOUNDATION INC: Form 990PF, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
EDERIC FOUNDATION INC (EIN 51-6017927)
Tax period
2019-01-01 to 2019-12-31
Filed
2020-11-13
IRS object ID
202013189349101986
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)
Return2020-11-13T09:56:01-08:00ReturnTs
Tax Period End2019-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1POWDERMILL FINANCIAL SOLUTIONSBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line15803 KENNETT PIKE SUITE AAddressLine1Txt
CityWILMINGTONCityNm
State AbbreviationDEStateAbbreviationCd
ZIP19807ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2019-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN516017927EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1EDERIC FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlEDERBusinessNameControlTxt
Phone3026553274PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line15803 KENNETT PIKE STE AAddressLine1Txt
CityWILMINGTONCityNm
State AbbreviationDEStateAbbreviationCd
ZIP19807ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonNATALIE R WEYMOUTHPersonNm
Person TitleTRUSTEEPersonTitleTxt
Phone3026553274PhoneNum
Signature2020-11-13SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMICHAEL G MORGANPreparerPersonNm
PTINP01446968PTIN
Phone3026587796PhoneNum
Preparation2020-11-13PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address68.168.95.10IPv4AddressTxt
FieldValueIRS element (for citing)
IP2020-11-13IPDt
IP Tm09:55:47IPTm
IP TimezonePSIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id7CD4EA520CA4D88054C9D47B02F44BA2891F86B0AtSubmissionCreationDeviceId
At Submission Filing Device IdDF5F72026B4F12875FA9E06591937CC20D47A87DAtSubmissionFilingDeviceId
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$9,475FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$100,000ContriRcvdRevAndExpnssAmt
Cap Gain Net Incm Net Invst Incm$0CapGainNetIncmNetInvstIncmAmt
Gross Profit Rev And Expnss$0GrossProfitRevAndExpnssAmt
Other Income Rev And Expnss$0OtherIncomeRevAndExpnssAmt
Total Rev And Expnss$100,000TotalRevAndExpnssAmt
Total Net Invst Incm$0TotalNetInvstIncmAmt
Legal Fees Rev And Expnss$0LegalFeesRevAndExpnssAmt
Accounting Fees Rev And Expnss$638AccountingFeesRevAndExpnssAmt
Other Prof Fees Rev And Expnss$0OtherProfFeesRevAndExpnssAmt
Taxes Rev And Expnss$30TaxesRevAndExpnssAmt
Deprec And Dpltn Rev And Expnss$0DeprecAndDpltnRevAndExpnssAmt
Other Expenses Rev And Expnss$0OtherExpensesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$668TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$97,500ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$97,500ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$98,168TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$97,500TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$1,832ExcessRevenueOverExpensesAmt
Net Investment Income$0NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$7,643CashBOYAmt
Cash EOY$9,475CashEOYAmt
Cash EOYFMV$9,475CashEOYFMVAmt
Rcvbl From Officers EOY$0RcvblFromOfficersEOYAmt
Other Nts And Loans Rcvbl EOY$0OtherNtsAndLoansRcvblEOYAmt
Land Bldg Investments EOY$0LandBldgInvestmentsEOYAmt
Other Investments EOY$0OtherInvestmentsEOYAmt
Land EOY$0LandEOYAmt
Other Assets BOY$0OtherAssetsBOYAmt
Other Assets EOY$0OtherAssetsEOYAmt
Other Assets EOYFMV$0OtherAssetsEOYFMVAmt
Total Assets BOY$7,643TotalAssetsBOYAmt
Total Assets EOY$9,475TotalAssetsEOYAmt
Total Assets EOYFMV$9,475TotalAssetsEOYFMVAmt
Loans From Officers EOY$0LoansFromOfficersEOYAmt
Mortgages And Notes Payable EOY$0MortgagesAndNotesPayableEOYAmt
Other Liabilities BOY$0OtherLiabilitiesBOYAmt
Other Liabilities EOY$0OtherLiabilitiesEOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$7,643RetainedEarningBOYAmt
Retained Earning EOY$9,475RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$7,643TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$9,475TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$7,643TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$9,475TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$7,643TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$1,832ExcessRevenueOverExpensesAmt
Subtotal$9,475SubtotalAmt
Tot Net Ast Or Fund Balances EOY$9,475TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$0AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$7,137NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.000000DistributionYr1Rt
Adjusted Qlfy Distri Yr2$45,150AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$8,838NetVlNoncharitableAssetsYr2Amt
Distribution Yr25.108622DistributionYr2Rt
Adjusted Qlfy Distri Yr3$64,950AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$6,489NetVlNoncharitableAssetsYr3Amt
Distribution Yr310.009246DistributionYr3Rt
Adjusted Qlfy Distri Yr4$59,300AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$7,577NetVlNoncharitableAssetsYr4Amt
Distribution Yr47.826316DistributionYr4Rt
Adjusted Qlfy Distri Yr5$61,200AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$8,032NetVlNoncharitableAssetsYr5Amt
Distribution Yr57.619522DistributionYr5Rt
Total Distribution30.563706TotalDistributionRt
Average Distribution6.112741AverageDistributionRt
Net Vl Noncharitable Assets$8,418NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$51,457AdjNetVlNoncharitableAssetsAmt
Adj Nonchrtbl Net Invst Incm Pct$51,457AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$97,500QualifyingDistributionsAmt

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
Subtotal$0SubtotalAmt
Subtitle A Tax$0SubtitleATaxAmt
Tax Based On Investment Income$0TaxBasedOnInvestmentIncomeAmt
Extsn Request Income Tax Paid$0ExtsnRequestIncomeTaxPaidAmt
Total Payments And Credits$0TotalPaymentsAndCreditsAmt
Tax Due$0TaxDueAmt
Applied To ES Tax$0AppliedToESTaxAmt

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
Form990 T FiledfalseForm990TFiledInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateDEOrgReportOrRegisterStateCd
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 AddressNONEWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1POWDERMILL FINANCIAL SOLUTIONSBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3026587796PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line15803 KENNETT PIKE STE AAddressLine1Txt
CityWILMINGTONCityNm
State AbbreviationDEStateAbbreviationCd
ZIP19807ZIPCd
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
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

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 PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
NATALIE R WEYMOUTH
5803 KENNETT PIKE STE AWILMINGTONDE19807TRUSTEE & PRESIDENT1.00$0$0$0
NATALIE W KEENAN
5803 KENNETT PIKE STE AWILMINGTONDE19807TRUSTEE1.00$0$0$0
TIMOTHY B WEYMOUTH
5803 KENNETT PIKE STE AWILMINGTONDE19807TRUSTEE1.00$0$0$0
MICHAEL MORGAN
5803 KENNETT PIKE STE AWILMINGTONDE19807SECRETARY1.00$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
Contractor Paid Over50k0ContractorPaidOver50kCnt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$8,546AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$8,546TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$8,546AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$128CashDeemedCharitableAmt
Net Vl Noncharitable Assets$8,418NetVlNoncharitableAssetsAmt
Minimum Investment Return$421MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$421MinimumInvestmentReturnAmt
Tax Based On Investment Income$0TaxBasedOnInvestmentIncomeAmt
Total Tax$0TotalTaxAmt
Distributable Before Adj$421DistributableBeforeAdjAmt
Distributable Before Ded$421DistributableBeforeDedAmt
Distributable As Adjusted$421DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$97,500ExpensesAndContributionsAmt
Qualifying Distributions$97,500QualifyingDistributionsAmt
Adjusted Qualifying Distri$97,500AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$421DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$60,798ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$59,300ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$64,950ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$45,150ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$0ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$230,198TotalExcessDistributionCyovAmt
Qualifying Distributions$97,500QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Remaining Distri From Corpus$97,500RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus$421ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$421ExcessDistributionCyovAppCYAmt
Total Corpus$327,277TotalCorpusAmt
Prior Year Undistributed Incm$0PriorYearUndistributedIncmAmt
Taxable1$0Taxable1Amt
Taxable2$0Taxable2Amt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$60,377ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$266,900ExcessDistriCyovToNextYrAmt
Excess From Year4$59,300ExcessFromYear4Amt
Excess From Year3$64,950ExcessFromYear3Amt
Excess From Year2$45,150ExcessFromYear2Amt
Excess From Year1$0ExcessFromYear1Amt
Excess From Current Year$97,500ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerNATALIE R WEYMOUTHContributingManagerNm
Shareholder ManagerNONEShareholderManagerNm

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonNATALIE R WEYMOUTH TRUSTEE-EDERIC FRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line15803 KENNETT PIKE STE AAddressLine1Txt
CityWILMINGTONCityNm
State AbbreviationDEStateAbbreviationCd
ZIP19807ZIPCd
FieldValueIRS element (for citing)
Recipient Phone3026587796RecipientPhoneNum
Form And Info And MaterialsAPPLICANTS SHOULD SUBMIT PURPOSE AND QUALIFICATIONS FOR CONTRIBUTIONSFormAndInfoAndMaterialsTxt
Submission DeadlinesREQUESTS ARE ACCEPTED AT ANY TIMESubmissionDeadlinesTxt
Restrictions On AwardsFOR THE PROMOTION OF RELIGIOUS, CHARITABLE, SCIENTIFIC, LITERARY AND EDUCATIONAL ORGANIZATIONS, EXEMPT UNDER 501 (C) (3)RestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (2 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
WINTERTHUR
5105 KENNETT PIKEWINTERTHURDE19735PCGARDEN GUIDE$2,500
THE TATNALL SCHOOL
1501 BARLEY MILL ROADWILMINGTONDE19807PCINFRASTRUCTURE IMPROVEMENTS$95,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$97,500TotalGrantOrContriPdDurYrAmt

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

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum
Contributor PersonNATALIE R WEYMOUTHContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line11 GUNPOWDER LANEAddressLine1Txt
CityMONTCHANINCityNm
State AbbreviationDEStateAbbreviationCd
ZIP19710ZIPCd
FieldValueIRS element (for citing)
Total Contributions$100,000TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryPOWDERMILL FIN'L SOLUTIONS TAX & ACCOUNTINGCategoryTxt
Amt$638Amt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryDE FRANCHISE TAXCategoryTxt
Amt$30Amt

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