THE MERRILL FOUNDATION INC: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- THE MERRILL FOUNDATION INC (EIN 52-1490571)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2020-11-09
- IRS object ID
- 202043149349100634
- 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
- Form 990-PF
- Accounting Fees Schedule
- Depreciation Schedule
- Expln Of Non Filing With AG Stmt
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Other Expenses Schedule
- Other Increases Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-11-09T12:14:07-06:00 | ReturnTs |
| Tax Period End | 2019-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BDO USA LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8401 GREENSBORO DRIVE 800 | AddressLine1Txt |
| City | MCLEAN | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 22102 | 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 | 521490571 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE MERRILL FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % SHARON BERMAN | InCareOfNm |
| Business Name Control | MERR | BusinessNameControlTxt |
| Phone | 4109492913 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8401 GREENSBORO DR 800 | AddressLine1Txt |
| City | MCLEAN | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 22102 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | NANCY MERRILL | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 7038930600 | PhoneNum |
| Signature | 2020-09-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Sharon K Berman | PreparerPersonNm |
| PTIN | P00295128 | PTIN |
| Phone | 7038930600 | PhoneNum |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 173.79.44.233 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Federal Original Submission Id | 54621820203145000015 | FederalOriginalSubmissionId |
| Federal Original Submission Id | 2020-11-09 | FederalOriginalSubmissionIdDt |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 501B70F788EBC2B3206B13A849C7A149134AB0F6 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 280C7D3E7279BEDBD83D143C05B100F5DC88E8C2 | AtSubmissionFilingDeviceId |
| 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 | $57,759,822 | 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 | $0 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $802,471 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $795,423 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $2,848,152 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $16,136,953 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $2,848,152 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $3,650,623 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $3,643,575 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $60,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $20,000 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $40,000 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $24,450 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $24,450 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $339,883 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $339,743 | OtherProfFeesNetInvstIncmAmt |
| Interest Rev And Expnss | $19,568 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $19,568 | InterestNetInvstIncmAmt |
| Taxes Rev And Expnss | $57,536 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $2,536 | TaxesNetInvstIncmAmt |
| Trav Conf Meeting Rev And Expnss | $10,711 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $10,711 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $2,637 | OtherExpensesRevAndExpnssAmt |
| Tot Opr Expenses Rev And Expnss | $514,785 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $381,847 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $75,161 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $2,245,700 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $2,245,700 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $2,760,485 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $381,847 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $2,320,861 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $890,138 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $3,261,728 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $2,499,279 | CashBOYAmt |
| Cash EOY | $4,403,063 | CashEOYAmt |
| Cash EOYFMV | $4,403,063 | CashEOYFMVAmt |
| Acct Rcvbl | $46,556 | AcctRcvblAmt |
| Acct Rcvbl BOY | $30,191 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $46,556 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $46,556 | AcctRcvblEOYFMVAmt |
| US Government Obligations BOY | $1,175,968 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $768,725 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $807,370 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $37,202,076 | CorporateStockBOYAmt |
| Corporate Stock EOY | $35,953,843 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $47,375,988 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $631,196 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $414,505 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $449,246 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $930,697 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $930,697 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $4,677,599 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $42,469,407 | TotalAssetsBOYAmt |
| Total Assets EOY | $42,517,389 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $57,759,822 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $1,095,104 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $0 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $1,095,104 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $41,374,303 | RetainedEarningBOYAmt |
| Retained Earning EOY | $42,517,389 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $41,374,303 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $42,517,389 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $42,469,407 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $42,517,389 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $41,374,303 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $890,138 | ExcessRevenueOverExpensesAmt |
| Other Increases | $252,948 | OtherIncreasesAmt |
| Subtotal | $42,517,389 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $42,517,389 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (14 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | Cost Or Other BasisCostOrOtherBasisAmt |
|---|---|---|---|---|---|---|---|
| ML #2038 - SECTION 1256 CONTRACTS | P | 2019-01-01 | 2019-12-31 | $25,834 | $25,834 | $25,834 | |
| ML #2038 - SECTION 1256 CONTRACTS | P | 2018-01-01 | 2019-12-31 | $38,750 | $38,750 | $38,750 | |
| ML #2065 (SEE ATTACHED) | P | 2018-01-01 | 2019-12-31 | $928,789 | $517,856 | $517,856 | $410,933 |
| ML #2076 (SEE ATTACHED) | P | 2019-01-01 | 2019-12-31 | $387,664 | $3,551 | $3,112 | $384,552 |
| ML #2076 (SEE ATTACHED) | P | 2018-01-01 | 2019-12-31 | $1,334,448 | $21,184 | $13,497 | $1,320,951 |
| ML #2064 (SEE ATTACHED) | P | 2018-01-01 | 2019-12-31 | $928,787 | $529,820 | $529,820 | $398,967 |
| ML #2074 (SEE ATTACHED) | P | 2019-01-01 | 2019-12-31 | $389,699 | $3,653 | $3,216 | $386,483 |
| ML #2074 (SEE ATTACHED) | P | 2018-01-01 | 2019-12-31 | $1,327,100 | $19,660 | $12,058 | $1,315,042 |
| ML #2032 (SEE ATTACHED) | 2019-01-01 | 2019-12-31 | $3,184,831 | $34,386 | $33,638 | $3,151,193 | |
| ML #2032 (SEE ATTACHED) | 2018-01-01 | 2019-12-31 | $5,400,221 | $1,276,404 | $1,272,131 | $4,128,090 | |
| FM #2930 (SEE ATTACHED) | 2019-01-01 | 2019-12-31 | $669,144 | $165,072 | $165,072 | $504,072 | |
| FM #2930 (SEE ATTACHED) | P | 2018-01-01 | 2019-12-31 | $1,083,252 | -$12,914 | -$12,914 | $1,096,166 |
| WELLS FARGO & CO | 2018-01-01 | 2019-12-31 | $419,760 | $206,222 | $206,222 | $213,538 | |
| CAPITAL GAIN DIVIDENDS | P | $18,674 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $2,848,152 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $2,271,623 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $47,741,402 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.047582 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $1,358,100 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $25,554,534 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.053145 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $1,067,050 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $24,012,143 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.044438 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $1,310,250 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $23,589,587 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.055544 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $1,220,166 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $24,307,475 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.050197 | DistributionYr5Rt |
| Total Distribution | 0.250906 | TotalDistributionRt |
| Average Distribution | 0.050181 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $54,746,865 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $2,747,252 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $32,617 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $2,779,869 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $2,320,861 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $65,235 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $65,235 | SubtotalAmt |
| Tax Based On Investment Income | $65,235 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $118,357 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $118,357 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Overpayment | $53,122 | OverpaymentAmt |
| Applied To ES Tax | $53,122 | AppliedToESTaxAmt |
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 | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | MD | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | false | 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 |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SHARON BERMAN | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7038930600 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8401 GREENSBORO DR 800 | AddressLine1Txt |
| City | MCLEAN | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 22102 | 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 |
| 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 |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| NANCY MERRILL | ||||||||
| 906 CHILDS POINT ROAD | ANNAPOLIS | VA | 21401 | PRESIDENT | 10.0 | $0 | $0 | $0 |
| CATHERINE MERRILL WILLIAMS | ||||||||
| 2323 WYOMING STREET NW | WASHINGTON | DC | 20008 | DIRECTOR | 5.0 | $30,000 | $0 | $0 |
| DOUGLAS MERRILL | ||||||||
| 122 MARINERS COVE | SHELBURNE | VT | 05482 | DIRECTOR | 5.0 | $30,000 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Summary Of Direct Chrtbl Acty | SummaryOfDirectChrtblActyGrp | |
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $45,153,972 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $2,955,509 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $7,471,093 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $55,580,574 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $55,580,574 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $833,709 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $54,746,865 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $2,737,343 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $2,737,343 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $65,235 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $65,235 | TotalTaxAmt |
| Distributable Before Adj | $2,672,108 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $2,672,108 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $2,672,108 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $2,320,861 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $2,320,861 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $2,320,861 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $2,672,108 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Prior Year1 | 2017 | PriorYear1Yr |
| Prior Year2 | 2016 | PriorYear2Yr |
| Prior Year3 | 2015 | PriorYear3Yr |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $19,820 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr2 | $143,593 | ExcessDistributionCyovYr2Amt |
| Total Excess Distribution Cyov | $163,413 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $2,320,861 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Current Year | $2,320,861 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $163,413 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $163,413 | ExcessDistributionCyovAppCYAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $187,834 | UndistributedIncomeCYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
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 | SEE STATEMENT ATTACHED | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8401 GREENSBORO DRIVE 800 | AddressLine1Txt |
| Address Line2 | C/O NANCY MERRILL | AddressLine2Txt |
| City | MCLEAN | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 22102 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Foundation Status | PC | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | SEE STATEMENT ATTACHED | GrantOrContributionPurposeTxt |
| Amt | $2,245,700 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $2,245,700 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp | |
| Int On Sav And Temp Cash Invst | IntOnSavAndTempCashInvstGrp |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $802,471 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Incm Part VII | OtherInvestmentIncmPartVIIGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $2,848,152 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $3,650,623 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $3,650,623 | 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 | ACCOUNTANT FEES | CategoryTxt |
| Amt | $24,450 | Amt |
| Disbursements Charitable Prps | $24,450 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Expln Of Non Filing With AG Stmt ExplnOfNonFilingWithAGStmt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | THE MARYLAND STATE ATTORNEY GENERAL DOES NOT REQUIRE A COPY OF FORM 990-PF FROM A FOUNDATION THAT DOES NOT SOLICIT CONTRIBUTIONS WITHIN THE STATE. | ExplanationTxt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (2 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| CORPORATE BOND - ML #2074 | $207,257 | $224,623 |
| CORPORATE BOND - ML #2076 | $207,248 | $224,623 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (12 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| FIXED INCOME - FM #2930 | $595,075 | $597,510 |
| CORPORATE STOCK - FM 2930 | $5,189,656 | $8,372,742 |
| CORPORATE STOCK - ML #2032 | $6,677,548 | $8,416,485 |
| MUTUAL FUND - ML #2032 | $3,133,413 | $3,650,214 |
| OPTIONS - ML #2038 | $0 | $0 |
| CORPORATE STOCK - ML #2064 | $3,773,698 | $5,779,287 |
| CORPORATE STOCK - ML #2065 | $3,701,020 | $5,779,287 |
| MUTUAL FUND - ML #2076 | $3,904,767 | $4,425,519 |
| CORPORATE STOCK - ML #2076 | $1,533,550 | $1,975,771 |
| CORPORATE STOCK - ML #2074 | $1,540,387 | $1,975,771 |
| MUTUAL FUND - ML #2074 | $3,904,729 | $4,425,352 |
| CORPORATE STOCK - ML #2101 | $2,000,000 | $1,978,050 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $768,725 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $807,370 | USGovtObligationsEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (2 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| FIRST HEALTH LIMITED | AT COST | $452,340 | $2,082,993 |
| FIRST BIOMED LIMITED | AT COST | $478,357 | $2,594,606 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (6 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt |
|---|---|
| WIRE TRANSFER FEES | $400 |
| OFFICE SUPPLIES | $162 |
| POSTAGE | $122 |
| COMMUNICATION | $120 |
| REGISTRATION FEES | $25 |
| MISCELLANEOUS | $1,808 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| PRIOR PERIOD ADJUSTMENT | $82,948 |
| RECOVERED FUNDS - SAILING CENTER | $170,000 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OPTIONS - SHORT POSITIONS | Desc |
| BOY Book Value | $1,095,104 | BOYBookValueAmt |
| EOY Book Value | $0 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| WIRE TRANSFER FEES | $140 | $0 |
| ADVISORY FEES | $339,743 | $339,743 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| ML #2076 - FTP | $722 | $722 |
| ML #2074 - FTP | $722 | $722 |
| ML #2032 - FTP | $1,092 | $1,092 |
| ESTIMATED TAXES PAID | $55,000 |
Comments