THE MERRILL FOUNDATION INC: Form 990PF, tax year 2018
View the entire original 990 at ProPublica ↗
- Organization
- THE MERRILL FOUNDATION INC (EIN 52-1490571)
- Tax period
- 2018-01-01 to 2018-12-31
- Filed
- 2019-11-15
- IRS object ID
- 201933199349103443
- Schema version
- 2018v3.1
- 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
- Schedule B
- 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 Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2019-11-15T15:42:56-06:00 | ReturnTs |
| Tax Period End | 2018-12-31 | 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 | 2018-01-01 | 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 | % NANCY MERRILL | 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 | 2019-11-14 | 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 |
| Preparation | 2019-11-14 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 4.15.233.162 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Federal Original Submission Id | 54621820193195000135 | FederalOriginalSubmissionId |
| Federal Original Submission Id | 2019-11-15 | FederalOriginalSubmissionIdDt |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 85D8DD6FF521206A3FF56FC49098B6C35C7E1BF4 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | E13764843BBF49013DAA9F79176DA4417EC256E0 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2018 | TaxYr |
| Build TS | 2020-04-17 16:48:07Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $48,225,123 | 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 | $26,441,606 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $944,654 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $900,534 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $4,867,731 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $29,983,054 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $4,867,731 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $78 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $78 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $32,254,069 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $5,768,343 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Accounting Fees Rev And Expnss | $16,250 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $16,250 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $425,329 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $424,879 | OtherProfFeesNetInvstIncmAmt |
| Interest Rev And Expnss | $2,221 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $2,221 | InterestNetInvstIncmAmt |
| Taxes Rev And Expnss | $172,755 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $2,755 | TaxesNetInvstIncmAmt |
| Trav Conf Meeting Rev And Expnss | $5,523 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $5,523 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $327 | OtherExpensesRevAndExpnssAmt |
| Tot Opr Expenses Rev And Expnss | $622,405 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $429,855 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $21,773 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $2,249,850 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $2,249,850 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $2,872,255 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $429,855 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $2,271,623 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $29,381,814 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $5,338,488 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $1,656,813 | CashBOYAmt |
| Cash EOY | $2,499,279 | CashEOYAmt |
| Cash EOYFMV | $2,499,279 | CashEOYFMVAmt |
| Acct Rcvbl | $30,191 | AcctRcvblAmt |
| Acct Rcvbl BOY | $336 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $30,191 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $30,191 | AcctRcvblEOYFMVAmt |
| US Government Obligations BOY | $0 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $1,175,968 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $1,182,918 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $17,661,197 | CorporateStockBOYAmt |
| Corporate Stock EOY | $37,202,076 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $39,911,441 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $0 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $631,196 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $611,692 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $930,702 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $930,697 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $3,989,602 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $20,249,048 | TotalAssetsBOYAmt |
| Total Assets EOY | $42,469,407 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $48,225,123 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $156,480 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $1,095,104 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $156,480 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,095,104 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Retained Earning BOY | $20,092,568 | RetainedEarningBOYAmt |
| Retained Earning EOY | $41,374,303 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $20,092,568 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $41,374,303 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $20,249,048 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $42,469,407 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $20,092,568 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $29,381,814 | ExcessRevenueOverExpensesAmt |
| Other Increases | $56,454 | OtherIncreasesAmt |
| Subtotal | $49,530,836 | SubtotalAmt |
| Other Decreases | $8,156,533 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $41,374,303 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (18 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| FM #2930 [SEE ATTD] | P | 2018-01-01 | 2018-12-31 | $2,164,754 | $2,292,066 | -$127,312 | -$127,312 |
| FM #2930 [SEE ATTD] | P | 2017-01-01 | 2018-12-31 | $2,497,178 | $2,316,621 | $180,557 | $180,557 |
| FM #2930 [SEE ATTD] | P | 2017-01-01 | 2018-12-31 | $999,107 | $383,150 | $615,957 | $615,957 |
| ML #2032 [SEE ATTD] | P | 2018-01-01 | 2018-12-31 | $956,644 | $926,824 | $29,825 | $29,820 |
| ML #2032 [SEE ATTD] | P | 2017-01-01 | 2018-12-31 | $5,832,689 | $5,114,135 | $731,419 | $718,554 |
| ML #2038 [SEE ATTD] ST SEC. 1256 | P | 2018-01-01 | 2018-12-31 | $0 | $406,463 | -$406,463 | -$406,463 |
| ML #2038 [SEE ATTD] LT SEC. 1256 | P | 2017-01-01 | 2018-12-31 | $0 | $609,694 | -$609,694 | -$609,694 |
| ML #2074 [SEE ATTD] | 2018-01-01 | 2018-12-31 | $1,217,701 | $1,126,199 | $94,247 | $91,502 | |
| ML #2074 [SEE ATTD] | 2017-01-01 | 2018-12-31 | $5,731,575 | $4,008,083 | $1,728,117 | $1,723,492 | |
| ML #2064 [SEE ATTD] | 2017-01-01 | 2018-12-31 | $44,308 | $36,472 | $7,836 | $7,836 | |
| ML #2076 [SEE ATTD] | 2018-01-01 | 2018-12-31 | $930,875 | $861,774 | $71,846 | $69,101 | |
| ML #2076 [SEE ATTD} | 2017-01-01 | 2018-12-31 | $6,018,401 | $4,273,857 | $1,749,101 | $1,744,544 | |
| ML #2065 [SEE ATTD] | 2017-01-01 | 2018-12-31 | $44,308 | $36,472 | $7,836 | $7,836 | |
| ML #2063 [SEE ATTD] | 2018-01-01 | 2018-12-31 | $1,848,191 | $1,822,281 | $25,910 | $25,910 | |
| ML #2063 [SEE ATTD] | 2017-01-01 | 2018-12-31 | $1,387,109 | $881,696 | $505,413 | $505,413 | |
| ML #2074 [SEE ATTD] | 2018-01-01 | 2018-12-31 | $23,539 | $23,539 | |||
| ML #2076 [SEE ATTD] | 2018-01-01 | 2018-12-31 | $23,539 | $23,539 | |||
| CAPITAL GAIN DIVIDENDS | P | $263,136 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $4,867,731 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $1,358,100 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $25,554,534 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.053145 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $1,067,050 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $24,012,143 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.044438 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $1,310,250 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $23,589,587 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.055544 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $1,220,166 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $24,307,475 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.050197 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $1,404,060 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $23,495,659 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.059758 | DistributionYr5Rt |
| Total Distribution | 0.263082 | TotalDistributionRt |
| Average Distribution | 0.052616 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $47,741,402 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $2,511,962 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $53,385 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $2,565,347 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $2,271,623 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $106,770 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $106,770 | SubtotalAmt |
| Tax Based On Investment Income | $106,770 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $170,127 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $55,000 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $225,127 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Overpayment | $118,357 | OverpaymentAmt |
| Applied To ES Tax | $118,357 | 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 | Yes (true) | 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 | NANCY MERRILL | 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 | $0 | $0 | $0 |
| DOUGLAS MERRILL | ||||||||
| 122 MARINER COVE | SHELBURNE | VT | 05482 | DIRECTOR | 5.0 | $0 | $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 | $42,354,132 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $2,921,340 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $3,192,956 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $48,468,428 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $48,468,428 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $727,026 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $47,741,402 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $2,387,070 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $2,387,070 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $106,770 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $106,770 | TotalTaxAmt |
| Distributable Before Adj | $2,280,300 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $2,280,300 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $2,280,300 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $2,271,623 | 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 | $2,271,623 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $2,271,623 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $2,280,300 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Prior Year1 | 2016 | PriorYear1Yr |
| Prior Year2 | 2015 | PriorYear2Yr |
| Prior Year3 | 2014 | PriorYear3Yr |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $257,197 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $19,820 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr1 | $143,593 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $420,610 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $2,271,623 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Current Year | $2,271,623 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $8,677 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $8,677 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $411,933 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $248,520 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $163,413 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $19,820 | ExcessFromYear4Amt |
| Excess From Year1 | $143,593 | ExcessFromYear1Amt |
| 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 | $2,249,850 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $2,249,850 | 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 | $900,534 | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 01 | ExclusionCd |
| Exclusion | $78 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $4,867,731 | 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 | $5,768,343 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $5,768,343 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (2 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd | Noncash ContributionNoncashContributionInd |
|---|---|---|---|---|---|---|---|
| ESTATE OF ELEANOR MERRILL | |||||||
| 1 | 8401 GREENSBORO DRIVE | MCLEAN | VA | 22102 | $4,412,374 | Yes (X) | |
| ESTATE OF ELEANOR MERRILL | |||||||
| 2 | 8401 GREENSBORO DRIVE | MCLEAN | VA | 22102 | $22,029,232 | Yes (X) | |
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 2 | ContributorNum |
| Noncash Property | VARIOUS PUBLICLY TRADED STOCKS. SEE ATTACHMENT | NoncashPropertyDesc |
| Fair Market Value | $22,029,232 | FairMarketValueAmt |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTANT FEES | CategoryTxt |
| Amt | $16,250 | Amt |
| Disbursements Charitable Prps | $16,250 | 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 | $315,598 | $305,846 |
| CORPORATE BOND - ML #2076 | $315,598 | $305,846 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (11 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| FIXED INCOME - FM #2930 | $1,881,912 | $1,899,886 |
| CORPORATE STOCK - FM 2930 | $5,293,294 | $5,983,156 |
| CORPORATE STOCK - ML #2032 | $7,854,702 | $8,516,734 |
| MUTUAL FUND - ML #2032 | $3,346,870 | $3,027,531 |
| OPTIONS - ML #2038 | $137,760 | $137,760 |
| CORPORATE STOCK - ML #2064 | $3,772,665 | $4,862,824 |
| CORPORATE STOCK - ML #2065 | $3,711,953 | $4,862,824 |
| MUTUAL FUND - ML #2076 | $4,022,083 | $3,826,348 |
| COPORATE STOCK - ML #2076 | $1,575,320 | $1,484,015 |
| CORPORATE STOCK - ML #2074 | $1,583,434 | $1,484,015 |
| MUTUAL FUND - ML #2074 | $4,022,083 | $3,826,348 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $1,175,968 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $1,182,918 | 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 | $1,790,010 |
| FIRST BIOMED LIMITED | AT COST | $478,357 | $2,199,592 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | FMV ADJ. ON STOCKS DISTR. FROM ESTATE | Desc |
| Amt | $8,156,533 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt |
|---|---|
| WIRE TRANSFER FEES | $60 |
| OFFICE SUPPLIES | $188 |
| POSTAGE | $79 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ML #2032 - CASH IN LIEU | Desc |
| Revenue And Expenses Per Books | $78 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $78 | NetInvestmentIncomeAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PRIOR PERIOD ADJUSTMENT | Desc |
| Amt | $56,454 | Amt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OPTIONS - SHORT POSITIONS | Desc |
| BOY Book Value | $156,480 | BOYBookValueAmt |
| EOY Book Value | $1,095,104 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| ADVISORY FEES | $424,879 | $424,879 |
| WIRE TRANSFER FEES | $450 | $0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (8 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| FM #2930 - FTP | $344 | $344 |
| ML #2032 - FTP | $1,296 | $1,296 |
| ML #2074 - FTP | $379 | $379 |
| ML #2064 - FTP | $21 | $21 |
| ML #2076 - FTP | $379 | $379 |
| ML #2065 - FTP | $21 | $21 |
| ML #2063 - FTP | $315 | $315 |
| ESTIMATED TAX PAYMENTS | $170,000 | $0 |
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