SPEEDWELL FOUNDATION: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- SPEEDWELL FOUNDATION (EIN 22-3764378)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2020-11-16
- IRS object ID
- 202033219349100723
- 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
- Accounting Fees Schedule
- General Explanation Attachment
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Legal Fees Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-11-16T07:01:24-08:00 | ReturnTs |
| Tax Period End | 2019-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 221536289 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Noke and Heard LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 469 Morris Avenue | AddressLine1Txt |
| City | Summit | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 079011583 | 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 | 223764378 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Speedwell Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SPEE | BusinessNameControlTxt |
| Phone | 9082738052 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 35 Montgomery Drive NE | AddressLine1Txt |
| City | Atlanta | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30309 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Mr Michael G Messner | PersonNm |
| Person Title | President | PersonTitleTxt |
| Signature | 2020-11-16 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | DANIEL P DOUGHERTY | PreparerPersonNm |
| PTIN | P00031300 | PTIN |
| Phone | 9082774145 | 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) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $147,792,969 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $1,006,380 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $3,556,359 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $3,556,359 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $3,556,359 | InterestOnSavingsAdjNetIncmAmt |
| Dividends Rev And Expnss | $1,618,248 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $1,618,248 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $1,618,248 | DividendsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$24,304,742 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $535,081,349 | GrossSalesPriceAmt |
| Other Income Rev And Expnss | $548 | OtherIncomeRevAndExpnssAmt |
| Total Rev And Expnss | -$18,123,207 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $5,174,607 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $5,174,607 | TotalAdjNetIncmAmt |
| Legal Fees Rev And Expnss | $40,721 | LegalFeesRevAndExpnssAmt |
| Legal Fees Dsbrs Chrtbl | $22,299 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $11,470 | AccountingFeesRevAndExpnssAmt |
| Other Prof Fees Rev And Expnss | $184,665 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Dsbrs Chrtbl | $184,665 | OtherProfFeesDsbrsChrtblAmt |
| Interest Rev And Expnss | $10,353 | InterestRevAndExpnssAmt |
| Interest Dsbrs Chrtbl | $10,353 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $20,358 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $20,358 | TaxesNetInvstIncmAmt |
| Trav Conf Meeting Rev And Expnss | $51,685 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $22,602 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $24,741 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $12,897 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $1,319 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $343,993 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $33,255 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $241,238 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $3,979,952 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $3,979,952 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $4,323,945 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $33,255 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $4,221,190 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$22,447,152 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $5,141,352 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $5,174,607 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $899,398 | CashBOYAmt |
| Cash EOY | $1,023,564 | CashEOYAmt |
| Cash EOYFMV | $1,023,564 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $25,959,148 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $8,187,199 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $8,187,199 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $5,840,205 | CorporateStockBOYAmt |
| Corporate Stock EOY | $30,364,295 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $30,364,295 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $111,503,673 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $108,217,911 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $108,217,911 | CorporateBondsEOYFMVAmt |
| Total Assets BOY | $144,202,424 | TotalAssetsBOYAmt |
| Total Assets EOY | $147,792,969 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $147,792,969 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $3,468 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $7,614 | AccountsPayableEOYAmt |
| Grants Payable BOY | $6,820,000 | GrantsPayableBOYAmt |
| Grants Payable EOY | $250,000 | GrantsPayableEOYAmt |
| Total Liabilities BOY | $6,823,468 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $257,614 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $137,378,956 | NoDonorRstrNetAssestsBOYAmt |
| Tot Net Ast Or Fund Balances BOY | $137,378,956 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $147,535,355 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $144,202,424 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $147,792,969 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $137,378,956 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$22,447,152 | ExcessRevenueOverExpensesAmt |
| Other Increases | $32,695,151 | OtherIncreasesAmt |
| Subtotal | $147,626,955 | SubtotalAmt |
| Other Decreases | $91,600 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $147,535,355 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (5 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| JPM 361-37143 | P | 2000-11-11 | 2019-12-12 | $70,845,218 | $71,820,461 | -$975,243 | -$975,243 |
| JPM 116-580-06 | P | 2000-11-11 | 2019-12-12 | $439,143,351 | $461,822,001 | -$22,678,650 | -$22,678,650 |
| JPM 7890 7007 | P | 2000-11-11 | 2019-12-12 | $546,863 | $550,024 | -$3,161 | -$3,161 |
| Fidelity 198644 | P | 2000-11-11 | 2019-12-12 | $24,545,917 | $25,193,605 | -$647,688 | -$647,688 |
| Wash Sale | $23,661,912 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$642,830 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $11,201,629 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $153,622,873 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.07292 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $6,807,209 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $148,346,116 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.04589 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $5,452,944 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $138,542,611 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.03936 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $5,735,956 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $135,261,518 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.04241 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $6,051,836 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $131,587,613 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.04599 | DistributionYr5Rt |
| Total Distribution | 0.246559 | TotalDistributionRt |
| Average Distribution | 0.049312 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $141,844,549 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $6,994,638 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $51,414 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $7,046,052 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $4,221,190 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $102,827 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $102,827 | SubtotalAmt |
| Tax Based On Investment Income | $102,827 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $1,047 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $90,000 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $91,047 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $3,802 | EsPenaltyAmt |
| Tax Due | $15,582 | 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 | false | 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 |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | 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 | Marie Forte | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2128386055 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 780 Third Avenue 15th Floor | AddressLine1Txt |
| City | New York | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10017 | 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 | false | UndistributedIncomePYInd |
| 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 |
|---|---|---|---|---|---|---|
| Mr Michael G Messner | ||||||
| 2 Gibbes Street | Charleston | SC | 294012302 | Trustee | 5.00 | $0 |
| Mrs Jenny K Messner | ||||||
| 2 Gibbes Street | Charleston | SC | 294012302 | Trustee | 5.00 | $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 | $126,726,718 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $17,277,900 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $144,004,618 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $144,004,618 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $2,160,069 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $141,844,549 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $7,092,227 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $7,092,227 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $102,827 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $102,827 | TotalTaxAmt |
| Distributable Before Adj | $6,989,400 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $6,989,400 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $6,989,400 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $4,221,190 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $4,221,190 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $4,221,190 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $6,989,400 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $3,555,033 | UndistributedIncomePYAmt |
| Qualifying Distributions | $4,221,190 | QualifyingDistributionsAmt |
| Applied To Year1 | $3,555,033 | AppliedToYear1Amt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $666,157 | AppliedToCurrentYearAmt |
| Undistributed Income CY | $6,323,243 | UndistributedIncomeCYAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (42 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| AFS USA | |||||||
| 1 Whitehall St | New York | NY | 10004 | None | PC | Speedwell Scholarship Fund | $370,700 |
| Georgia Tech Foundation | |||||||
| 177 North Ave NW | Atlanta | GA | 30345 | None | PC | Scholarshp $70,000Challenge Grant $2,000,000Other $93,000 | $2,163,000 |
| Catholic Partnership Schools | |||||||
| 808 Market St | Camden | NJ | 08102 | None | PC | General Op Support | $3,750 |
| Charleston Symphony Orchestra | |||||||
| 572 Savanah Hwy | Charleston | SC | 29407 | None | PC | Director of Education $60,000General Operations $100,000 | $160,000 |
| Charleston Area Therapeutic Riding | |||||||
| PO Box 146 | Johns Island | SC | 29457 | None | PC | General Operations | $50,000 |
| Charleston Catholic Schools | |||||||
| 888-A King St | Charleston | SC | 29403 | None | PC | Tuition Grant, and Tech support & development of media lab | $50,800 |
| Charleston Park Conservancy | |||||||
| PO Box 21000 | Charleston | SC | 29413 | None | PC | Conservation - Hampton Park $500,000Other conservancu programs $110,000 | $31,000 |
| Coastal Community Foundation | |||||||
| 635 Rutledge Avenue Suite 201 | Charleston | SC | 29403 | None | PC | Education | $25,000 |
| Cristo Rey Atlanta Jesuit | |||||||
| 680 West Peachtree Street NW | Atlanta | GA | 30308 | None | PC | Education - internship and technology | $121,000 |
| City Park Alliance | |||||||
| 2121 Ward Court NW Fifth Floor | Washington | DC | 20037 | None | PC | Infrustructure video project | $98,000 |
| YWCA Greater Charleston | |||||||
| 106 Coming Street | Charleston | SC | 29403 | None | PC | General Operating Support | $10,000 |
| Allegro Charter School Music | |||||||
| 120 Broad Street | Charleston | SC | 29401 | None | PC | Rent $100,000 | $174,000 |
| Penn State | |||||||
| 102 Shields Building | University Park | PA | 16802 | None | PC | Robert E Behmer Scholarship $5,000General Operations $5,000 | $10,000 |
| Prospect Park Alliance | |||||||
| 95 Propect Park West | Brooklyn | NY | 11215 | None | PC | General Operating Support | $32,500 |
| Sopleto Festival USA | |||||||
| 14 George ST | Charleston | SC | 29401 | None | PC | General Operating Support | $23,500 |
| St Vincent Academy | |||||||
| 228 W Market ST | Newark | NJ | 07103 | None | PC | Education | $60,000 |
| Rice University Civil Enviro Eng | |||||||
| 6100 Mains ST | Houston | TX | 77005 | None | PC | Scholarship | $100,000 |
| US Chamber of Commerce Fdn | |||||||
| 1615 H Street NW | Washington | DC | 20062 | None | PC | General Operations | $90,000 |
| Net Texts Foundation | |||||||
| 2 Gibbs Street | Charleston | SC | 29401 | Related Organization | POF | General Operations | $66,202 |
| Brooklyn Friiends School | |||||||
| 375 Pearl Street | Brooklyn | NY | 11201 | None | PC | General Operations | $10,000 |
| Bridgeport Group Fdn | |||||||
| 3783 Meeting ST | North Charleston | SC | 29405 | None | PC | General Operations | $3,000 |
| Charleston Moves | |||||||
| 1630 Meeting ST | Charleston | SC | 29405 | None | PC | General Operations | $50,000 |
| Champions Educational Fdn | |||||||
| 775 Camp RD | Marnle Falls | TX | 78654 | None | PC | General Operations | $25,000 |
| Earth Economics | |||||||
| 107 N Tacoma Ave | Tacoma | WA | 98403 | None | PC | General Operations | $2,500 |
| Friends of Keep Charleston Beautifu | |||||||
| 823 Meeting ST | Charleston | SC | 29403 | None | PC | General Operations | $2,000 |
| Gibbes Museum of Art | |||||||
| 135 Meeting ST | Charleston | SC | 29401 | None | PC | General Operations | $5,000 |
| Lancaster County Comm Fdn | |||||||
| 24 W King ST | Lancaster | PA | 17603 | None | PC | General Operations | $25,000 |
| Lehigh Univ | |||||||
| 27 Memorial DR West | Bethlehem | PA | 18015 | None | PC | Robert E Behmer Scholarship | $5,000 |
| Michael J Fox Fdn | |||||||
| PO Box 5014 | Hagerstown | MD | 21741 | None | PC | General Operations | $5,000 |
| NYCAN | |||||||
| 1625 K Street NW | Washington | DC | 20006 | None | PC | General Operations | $20,000 |
| Piedmont Park Conserv | |||||||
| PO Box 7795 | Atlanta | GA | 30357 | None | PC | General Operations | $5,000 |
| Push to Walk | |||||||
| 100 Bauer DR | Oakland | NJ | 07436 | None | PC | General Operations | $20,000 |
| St Francis Foundation Cancer | |||||||
| 125 Dougherty ST | Charleston | SC | 29403 | None | PC | General Operations | $5,000 |
| St Joseph Pro Cathedral | |||||||
| 2907 Federal ST | Camden | NJ | 08105 | None | PC | General Operations | $6,000 |
| Sean Reilly TBI Fund | |||||||
| 2 Devon RD | Summit | NJ | 07901 | None | PC | General Operations | $10,000 |
| Colgate Univ | |||||||
| 13 Oak DR | Hamilton | NY | 13346 | None | PC | Robert E Behmer Scholarship | $5,000 |
| Grateful Peoples | |||||||
| 3044 29TH Street | Astoria | NY | 11102 | None | PC | General Operations | $50,000 |
| Children's Scholarship Fund | |||||||
| 220 N Tryon ST | Charlotte | NC | 28202 | None | PC | General Operations | $25,000 |
| Open Space Institute | |||||||
| 1350 Broadway | New York | NY | 10018 | None | PC | Geberal Operations | $12,000 |
| Palmetto Promise Institute | |||||||
| PO Box 12676 | Columbia | SC | 29211 | None | PC | General Operations | $40,000 |
| Peabody InstituteTuned In Program | |||||||
| 1 East Mount Vernon Place | Baltimore | MD | 21202 | None | PC | General Operations | $5,000 |
| ST Jude the Apostle Catholic Church | |||||||
| 7171 Glenridge Dr | Sandy Springs | GA | 30328 | PC | St Vincent de Paul Society | $5,000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $3,979,952 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $3,556,359 | RelatedOrExemptFunctionIncmAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $1,618,248 | RelatedOrExemptFunctionIncmAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | -$24,304,742 | RelatedOrExemptFunctionIncmAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Olmstead Documentary | Desc |
| Related Or Exempt Function Incm | $548 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | -$19,129,587 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | -$19,129,587 | 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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Noke and Heard | CategoryTxt |
| Amt | $11,470 | Amt |
| Net Investment Income | $0 | 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 | General Explanation Supplemental Information for Form 990-PF | FormAndLineReferenceDesc |
| Medium Explanation | PAGE 2 - PART II - LINE 2 SAVINGS AND TEMPORARY CASH INVESTMENTSPAGE 8 - PART X - MINIMUM INVESTMENT RETURN CALCULATIONThe foundation agreed to guarantee a mortgage for a charity.The bank requested that the foundation place $1,000,000 on depositwith their bank as an escrow account. As a result this asset was not included in Part X Line 1b and Line 5 Net Value of Noncharitable-use Assets. | MediumExplanationTxt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | JP Morgan Fixed | BondNm |
| EOY Book Value | $108,217,911 | EOYBookValueAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | JP Morgan Equities | StockNm |
| EOY Book Value | $30,364,295 | EOYBookValueAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp (3 entries)
| CategoryCategoryTxt | Legal FeesLegalFeesAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| Austen Gowder - legal Allegro | $4,959 | $0 | $0 | $4,959 |
| Austen Gowder - legal Lowline | $17,340 | $0 | $0 | $17,340 |
| Bourne, Noll and Kenyon | $18,422 | $0 | $0 | $0 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Federal Excise tax | Desc |
| Amt | $91,600 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| Dues Urban Land Inst | $1,220 | $1,220 | |
| Investment expense | $12,897 | $12,897 | |
| Office Expense | $10,624 | $99 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Olmstead Documentary | Desc |
| Revenue And Expenses Per Books | $548 | RevenueAndExpensesPerBooksAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail (3 entries)
| DescDesc | AmtAmt |
|---|---|
| Change in grant commitments | $6,570,000 |
| Returned grant | $50,000 |
| Wash sales | $24,233,985 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| Deb Felak - scholarship consultant AFS | $25,000 | $0 | $0 | $25,000 |
| Design - LowCountry Lowline | $100,138 | $0 | $0 | $100,138 |
| Inforest - IT services - Nettexts Fdn | $41,219 | $0 | $0 | $41,219 |
| SGA Architect - Allegro | $18,308 | $0 | $0 | $18,308 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Foreign tax | CategoryTxt |
| Amt | $20,358 | Amt |
| Net Investment Income | $20,358 | NetInvestmentIncomeAmt |
Comments