BETA

THE KARESE FOUNDATION: Form 990PF, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
THE KARESE FOUNDATION (EIN 47-5125279)
Tax period
2019-01-01 to 2019-12-31
Filed
2020-11-16
IRS object ID
202023219349107367
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)
Return2020-11-16T17:13:28-08:00ReturnTs
Tax Period End2019-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN911537751PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Barry W Merrell CPABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1316 W Boone Ste 670AddressLine1Txt
CitySpokaneCityNm
State AbbreviationWAStateAbbreviationCd
ZIP99201ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2019-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN475125279EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE KARESE FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlKAREBusinessNameControlTxt
Phone5092382708PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 499AddressLine1Txt
CityCOLBERTCityNm
State AbbreviationWAStateAbbreviationCd
ZIP99005ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonFOSTER H CHASE JRPersonNm
Person TitlePresidentPersonTitleTxt
Signature2020-11-16SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonBARRY W MERRELLPreparerPersonNm
PTINP00055845PTIN
Phone5093269266PhoneNum
Self EmployedYes (X)SelfEmployedInd
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$386,178FMVAssetsEOYAmt
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$61InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$61InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$7,757DividendsRevAndExpnssAmt
Dividends Net Invst Incm$7,757DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$42,535NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$511,380GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$42,535CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss$11,349OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm$11,349OtherIncomeNetInvstIncmAmt
Total Rev And Expnss$61,702TotalRevAndExpnssAmt
Total Net Invst Incm$61,702TotalNetInvstIncmAmt
Other Prof Fees Rev And Expnss$2,379OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$2,379OtherProfFeesNetInvstIncmAmt
Other Expenses Rev And Expnss$10,608OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$67OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl$10,541OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$12,987TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$2,446TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$10,541TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$363,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$363,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$375,987TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$2,446TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$373,541TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$314,285ExcessRevenueOverExpensesAmt
Net Investment Income$59,256NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$22,359CashBOYAmt
Cash EOY$8,425CashEOYAmt
Cash EOYFMV$8,425CashEOYFMVAmt
Other Nts And Loans Rcvbl$282,385OtherNtsAndLoansRcvblAmt
Other Nts And Loans Rcvbl BOY$285,301OtherNtsAndLoansRcvblBOYAmt
Other Nts And Loans Rcvbl EOY$282,385OtherNtsAndLoansRcvblEOYAmt
Other Nts And Loans Rcvbl EOYFMV$282,385OtherNtsAndLoansRcvblEOYFMVAmt
Corporate Stock BOY$186,688CorporateStockBOYAmt
Corporate Stock EOY$78,610CorporateStockEOYAmt
Corporate Stock EOYFMV$95,368CorporateStockEOYFMVAmt
Corporate Bonds BOY$189,357CorporateBondsBOYAmt
Total Assets BOY$683,705TotalAssetsBOYAmt
Total Assets EOY$369,420TotalAssetsEOYAmt
Total Assets EOYFMV$386,178TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$683,705RetainedEarningBOYAmt
Retained Earning EOY$369,420RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$683,705TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$369,420TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$683,705TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$369,420TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$683,705TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$314,285ExcessRevenueOverExpensesAmt
Subtotal$369,420SubtotalAmt
Tot Net Ast Or Fund Balances EOY$369,420TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

FieldValueIRS element (for citing)
Capital Gain Net Income$42,535CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$905,181AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$1,256,911NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.72016DistributionYr1Rt
Adjusted Qlfy Distri Yr2$565,160AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$1,921,326NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.29415DistributionYr2Rt
Adjusted Qlfy Distri Yr3$114,599AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$2,050,915NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.05588DistributionYr3Rt
Net Vl Noncharitable Assets Yr4$247,482NetVlNoncharitableAssetsYr4Amt
Total Distribution1.070191TotalDistributionRt
Average Distribution0.267548AverageDistributionRt
Net Vl Noncharitable Assets$378,398NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$101,240AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$593NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$101,833AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$373,541QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eYes (X)DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax$593InvestmentIncomeExciseTaxAmt
Subtotal$593SubtotalAmt
Tax Based On Investment Income$593TaxBasedOnInvestmentIncomeAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$22EsPenaltyAmt
Tax Due$615TaxDueAmt

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 EtcYes (true)OrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
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 Line1FOSTER H CHASE JRBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone5092382708PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 499AddressLine1Txt
CityCOLBERTCityNm
State AbbreviationWAStateAbbreviationCd
ZIP99005ZIPCd
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 (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
BRENDA JO CHASE
PO BOX 499COLBERTWA99005Treasurer1.00$0
FOSTER H CHASE JR
PO BOX 499COLBERTWA99005President1.00$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$95,368AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$6,407AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$282,385FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$384,160TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$384,160AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$5,762CashDeemedCharitableAmt
Net Vl Noncharitable Assets$378,398NetVlNoncharitableAssetsAmt
Minimum Investment Return$18,920MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$18,920MinimumInvestmentReturnAmt
Tax Based On Investment Income$593TaxBasedOnInvestmentIncomeAmt
Total Tax$593TotalTaxAmt
Distributable Before Adj$18,327DistributableBeforeAdjAmt
Distributable Before Ded$18,327DistributableBeforeDedAmt
Distributable As Adjusted$18,327DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$373,541ExpensesAndContributionsAmt
Qualifying Distributions$373,541QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$593PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$372,948AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$18,327DistributableAsAdjustedAmt
Excess Distribution Cyov Yr3$8,944ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$470,532ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$844,177ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$1,323,653TotalExcessDistributionCyovAmt
Qualifying Distributions$373,541QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$18,327AppliedToCurrentYearAmt
Remaining Distri From Corpus$355,214RemainingDistriFromCorpusAmt
Total Corpus$1,678,867TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$1,678,867ExcessDistriCyovToNextYrAmt
Excess From Year3$8,944ExcessFromYear3Amt
Excess From Year2$470,532ExcessFromYear2Amt
Excess From Year1$844,177ExcessFromYear1Amt
Excess From Current Year$355,214ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerBRENDA JO CHASEContributingManagerNm
Contributing ManagerFOSTER H CHASE JRContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (3 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
COLLEGE SUCCESS FOUNDATION
2917 W FORT GEORGE WRIGHT DRSPOKANEWA99224N/APCUNRESTRICTED OPERATIONAL FUNDING$50,000
THE STEWARDS JOURNEY
P O BOX 717COLBERTWA99005N/APCGENERAL AND UNRESTRICTED$13,000
GORDON COLLEGE
255 GRAPEVINE ROADWENHAMMA01984N/APCGENERAL AND UNRESTRICTED$300,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$363,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$61ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$7,757ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$42,535ExclusionAmt

Other Revenue Described OtherRevenueDescribedGrp

FieldValueIRS element (for citing)
DescINTEREST FROM NOTE RECDesc
Exclusion14ExclusionCd
Exclusion$11,349ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$61,702ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$61,702TotalIncomeProducingActyAmt

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

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (32 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
ALPHABET INC CL A$1,445$2,679
ALPHABET INC CL C$1,395$2,674
AT&T, INC$1,995$2,267
COHEN AND STEERS REALTY INCOME$4,048$4,477
JOHNSON & JOHNSON$1,943$2,188
MICROSOFT CORP$1,252$2,208
ROYAL DUTCH SHELL CL A$1,929$1,859
STARBUCKS CORP COM$1,430$1,934
VISA INC$1,256$2,067
ALASKA AIR GROUP INC.$994$1,084
ALIBABA GROUP HLDG LTD$2,112$2,969
AMAZON COM INC$3,312$3,696
APPLE INC$1,531$2,937
BOEING CO$2,276$1,955
COSTCO WHOLESALE CORP NEW$1,261$1,764
CROWN CASTLE INTL CORP$1,573$2,132
DEERE & CO$1,713$2,079
DOMINOS PIZZA INC$2,195$2,350
HONEYWELL INTERNATIONAL INC$1,627$2,124
JPMORGAN CHASE & CO$1,809$2,509
LYONDWELLBASELL NV CL-A$2,116$2,268
SEAGATE TECHNOLOGY PLC$1,769$2,499
SHERWIN WILLIAMS COMPANY OHIO$1,602$2,334
UBER TECHNOLOGIES INC$2,754$2,320
WALT DISNEY CO HLDG CO$1,570$2,025
TCG BDC, INC$971$923
BRANDES INTERNATIONAL EQ$7,006$7,319
EATON VANCE GRTR INDIA$2,696$2,800
FULLER&THALER BHV SMCP EQ INST$7,604$9,246
GQG PARTNERS EMRG MKTS EQ INS$2,740$2,851
HARDING LOEVNER INTL EQTY INST$6,152$7,266
HARDING LOEVNER INTL SM CO INS$4,534$5,565

Liquidation Explanation Stmt LiquidationExplanationStmt

FieldValueIRS element (for citing)
ExplanationAS EXPLAINED BELOW, THE FOUNDATION HAS NO PLANS FOR DISSOLUTION.THIS STATEMENT IS SUBMITTED TO REPORT THE DISTRIBUTION OF CERTAIN ASSETS DURING THE YEAR. THE DISTRIBUTIONS RESULTED IN A SUBSTANTIAL CONTRACTION OF ASSETS.THE FOLLOWING INFORMATION IS SUBMITTED IN ACCORDANCE WITH TREASURY REGULATION SECTION 1.6043-3(a)(1) AND THE FORM 990-PF INSTRUCTIONS:DURING THE TAXABLE YEAR ENDING DECEMBER 31, 2019, THE FOUNDATION MADE DISTRIBUTIONS FROM ASSETS FROM SOURCES OTHER THAN CURRENT INCOME. COLLECTIVELY, THE DISTRIBUTIONS IN EXCESS OF CURRENT INCOME TOTALLED $363,000. THIS AMOUNT REPRESENTS 25% OR MORE OF THE FOUNDATION'S NET ASSETS OF $695,831 (AS MEASURED BY FAIR MARKET VALUE) AT THE BEGINNING OF THE FOUNDATION'S TAXABLE YEAR ENDING DECEMBER 31, 2019. ALTHOUGH THE FOUNDATION TECHNICALLY EXPERIENCED A SUBSTANTIAL CONTRACTION, IT WILL CONTINUE IN EXISTENCE AND HAS NO PLANS FOR DISSOLUTION.THE FOUNDATION MADE DISTRIBUTIONS OF CASH TO THE GRANTEES LISTED IN THE ATTACHMENT TO PART XV, LINE 3A; EACH SUCH GRANT WAS MADE SOLELY FOR THE CHARITABLE PURPOSE SPECIFIED THEREIN.ExplanationTxt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmtNet Investment IncomeNetInvestmentIncomeAmt
ADMINISTRATIVE FEES$10,541$10,541
BANK CHARGES$67$67

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

FieldValueIRS element (for citing)
DescINTEREST FROM NOTE RECDesc
Revenue And Expenses Per Books$11,349RevenueAndExpensesPerBooksAmt
Net Investment Income$11,349NetInvestmentIncomeAmt

Other Notes Loans Rcvbl Short Sch2 OtherNotesLoansRcvblShortSch2

Other Notes Loans Rcvbl Short OtherNotesLoansRcvblShortGrp

Organization501c3 Name Organization501c3Name

FieldValueIRS element (for citing)
Business Name Line1FRIENDS OF NWCS LLCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Balance Due$282,385BalanceDueAmt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryINVESTMENT MANAGEMENT SERVICESCategoryTxt
Amt$2,379Amt
Net Investment Income$2,379NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.