MORI LEGACY FOUNDATION INC: Form 990PF, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- MORI LEGACY FOUNDATION INC (EIN 84-4249682)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-11-01
- IRS object ID
- 202503059349100700
- Schema version
- 2024v5.2
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-11-01T09:14:53-07:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 020553436 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Louis John Claps CPA & Associate PA | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 12773 Forest Hill Blvd Suite 209 | AddressLine1Txt |
| City | Wellington | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33414 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 844249682 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MORI LEGACY FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MORI | BusinessNameControlTxt |
| Phone | 5617914505 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 12773 FOREST HILL BLVD | AddressLine1Txt |
| City | ROYAL PALM BEACH | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33414 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | GREGORY J ALLEN | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 5617914505 | PhoneNum |
| Signature | 2025-01-01 | SignatureDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Louis John Claps CPA | PreparerPersonNm |
| PTIN | P01083845 | PTIN |
| Phone | 5617914505 | PhoneNum |
| Preparation | 2025-11-01 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $38,506,548 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $183,394 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $183,394 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $183,394 | InterestOnSavingsAdjNetIncmAmt |
| Dividends Rev And Expnss | $178,647 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $178,647 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $178,647 | DividendsAdjNetIncmAmt |
| Gross Rents Rev And Expnss | $300,000 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $300,000 | GrossRentsNetInvstIncmAmt |
| Gross Rents Adj Net Incm | $300,000 | GrossRentsAdjNetIncmAmt |
| Net Rental Income Or Loss | $300,000 | NetRentalIncomeOrLossAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $0 | NetSTCapitalGainAdjNetIncmAmt |
| Gross Profit Rev And Expnss | $0 | GrossProfitRevAndExpnssAmt |
| Other Income Rev And Expnss | $0 | OtherIncomeRevAndExpnssAmt |
| Total Rev And Expnss | $662,041 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $662,041 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $662,041 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $1,137,500 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $1,137,500 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $1,137,500 | CompOfcrDirTrstAdjNetIncmAmt |
| Pension Empl Bnft Rev And Expnss | $165,099 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $165,099 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Adj Net Incm | $165,099 | PensionEmplBnftAdjNetIncmAmt |
| Legal Fees Rev And Expnss | $14,747 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $14,747 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $14,747 | LegalFeesAdjNetIncmAmt |
| Accounting Fees Rev And Expnss | $0 | AccountingFeesRevAndExpnssAmt |
| Other Prof Fees Rev And Expnss | $0 | OtherProfFeesRevAndExpnssAmt |
| Taxes Rev And Expnss | $82,807 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $82,807 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $82,807 | TaxesAdjNetIncmAmt |
| Deprec And Dpltn Rev And Expnss | $0 | DeprecAndDpltnRevAndExpnssAmt |
| Other Expenses Rev And Expnss | $187,530 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $187,530 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $187,530 | OtherExpensesAdjNetIncmAmt |
| Tot Opr Expenses Rev And Expnss | $1,587,683 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $1,587,683 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $1,587,683 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $76,946 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $76,946 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,664,629 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $1,587,683 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $1,587,683 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $76,946 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$1,002,588 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $1,237,903 | CashBOYAmt |
| Cash EOY | $329,534 | CashEOYAmt |
| Cash EOYFMV | $329,534 | CashEOYFMVAmt |
| Rcvbl From Officers EOY | $0 | RcvblFromOfficersEOYAmt |
| Other Nts And Loans Rcvbl | $1,597,390 | OtherNtsAndLoansRcvblAmt |
| Other Rcvbl Allwnc Dbtfl Acct | $0 | OtherRcvblAllwncDbtflAcctAmt |
| Other Nts And Loans Rcvbl BOY | $0 | OtherNtsAndLoansRcvblBOYAmt |
| Other Nts And Loans Rcvbl EOY | $1,597,390 | OtherNtsAndLoansRcvblEOYAmt |
| Other Nts And Loans Rcvbl EOYFMV | $1,597,390 | OtherNtsAndLoansRcvblEOYFMVAmt |
| US Government Obligations BOY | $14,118,693 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $14,199,856 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $14,199,856 | USGovtObligationsEOYFMVAmt |
| Invst Land Cost Or Other Basis | $22,379,768 | InvstLandCostOrOtherBasisAmt |
| Land Bldg Investments BOY | $22,352,540 | LandBldgInvestmentsBOYAmt |
| Land Bldg Investments EOY | $22,379,768 | LandBldgInvestmentsEOYAmt |
| Land Bldg Investments EOYFMV | $22,379,768 | LandBldgInvestmentsEOYFMVAmt |
| Other Investments EOY | $0 | OtherInvestmentsEOYAmt |
| Land EOY | $0 | LandEOYAmt |
| Other Assets BOY | $0 | OtherAssetsBOYAmt |
| Other Assets EOY | $0 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $0 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $37,709,136 | TotalAssetsBOYAmt |
| Total Assets EOY | $38,506,548 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $38,506,548 | TotalAssetsEOYFMVAmt |
| Loans From Officers EOY | $0 | LoansFromOfficersEOYAmt |
| Mortgages And Notes Payable EOY | $0 | MortgagesAndNotesPayableEOYAmt |
| Other Liabilities BOY | $0 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $1,800,000 | OtherLiabilitiesEOYAmt |
| Total Liabilities EOY | $1,800,000 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $37,709,136 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $36,706,548 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $37,709,136 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $36,706,548 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $37,709,136 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $38,506,548 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $37,709,136 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$1,002,588 | ExcessRevenueOverExpensesAmt |
| Subtotal | $36,706,548 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $36,706,548 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (10 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | DepreciationDepreciationAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | FMV As Of123169FMVAsOf123169Amt | Adjusted Basis As Of123169AdjustedBasisAsOf123169Amt | Excess FMV Over Adjusted BssExcessFMVOverAdjustedBssAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|
| PUT SPY OPTION $470 EXP 8/16/2024 | P | 2024-08-16 | 2024-04-12 | $11,722 | $0 | $0 | $11,722 | $0 | $0 | $0 | $11,722 |
| CALL SPY OPTION $530 EXP 6/21/2024 | P | 2024-06-07 | 2024-01-26 | $0 | $0 | $15,242 | -$15,242 | $0 | $0 | $0 | -$15,242 |
| PUT SPY OPTION $450 EXP9/20/2024 | P | 2024-08-14 | 2024-01-26 | $19,425 | $0 | $0 | $19,425 | $0 | $0 | $0 | $19,425 |
| CALL OPTION $545 EXP 9/20/2024 | P | 2024-09-17 | 2024-06-07 | $0 | $0 | $28,743 | -$28,743 | $0 | $0 | $0 | -$28,743 |
| PUT ISHARES INC $64 EXP 11/15/2024 | P | 2024-11-15 | 2024-04-12 | $4,165 | $0 | $0 | $4,165 | $0 | $0 | $0 | $4,165 |
| PUT SPY OPTION $440 EXP 12/20/2024 | P | 2024-10-23 | 2024-01-26 | $24,282 | $0 | $0 | $24,282 | $0 | $0 | $0 | $24,282 |
| PUT SPY OPTION $440 EXP 1/17/2025 | P | 2024-12-02 | 2024-01-26 | $27,714 | $0 | $0 | $27,714 | $0 | $0 | $0 | $27,714 |
| PUT SPY OPTION $460 EXP 1/17/2025 | P | 2024-12-02 | 2024-04-12 | $13,922 | $0 | $0 | $13,922 | $0 | $0 | $0 | $13,922 |
| GOLDMAN SACHS TR FINL PRIME OBLIGS | P | 2024-02-08 | 2024-06-07 | $0 | $0 | $120,712 | -$120,712 | $0 | $0 | $0 | -$120,712 |
| $204,327 | $0 | $204,290 | $37 | $0 | $0 | $0 | $37 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$63,430 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | -$63,467 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $0 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $0 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $0 | TaxBasedOnInvestmentIncomeAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $0 | TotalPaymentsAndCreditsAmt |
| Tax Due | $0 | TaxDueAmt |
| Applied To ES Tax | $0 | 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 | false | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | FL | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | Yes (true) | 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 |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LOUIS JOHN CLAPS CPA | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 5617914505 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 12773 FOREST HILL BLVD STE 209 | AddressLine1Txt |
| City | ROYAL PALM BEACH | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33414 | 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 |
| Undistr Incm Sect4942a2 Not App | false | UndistrIncmSect4942a2NotAppInd |
| 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 (4 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 |
|---|---|---|---|---|---|---|---|---|
| GREGORY ALLEN | ||||||||
| 4909 TERRA VISTA WAY | ORLANDO | FL | 32837 | PRES/DIRECTOR | 10.00 | $150,000 | $9,000 | $0 |
| LOUIS JOHN CLAPS | ||||||||
| 12820 SW ORVIETO WAY | PORT SAINT LUCIE | FL | 34987 | TREAS/DIRECTOR | 10.00 | $150,000 | $9,000 | $0 |
| JOHN JENNINGS | ||||||||
| 1203 OAKWATER DRIVE | ROYAL PALM BEACH | FL | 33411 | VP/DIRECTOR | 10.00 | $75,000 | $4,500 | $0 |
| ANDREW PALLEN | ||||||||
| 7560 VIA LURIA | LAKE WORTH | FL | 33467 | SEC/DIRECTOR | 10.00 | $75,000 | $4,500 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| GREGORY ALLEN | |||||
| 4191 ASPEN DRIVE | NAPLES | FL | 34119 | DIRECTOR | $250,000 |
| LOUIS JOHN CLAPS | |||||
| 12820 SW ORVIETO WAY | PORT SAINT LUCIE | FL | 34987 | DIRECTOR | $250,000 |
| JOHN JENNINGS | |||||
| 1203 OAKWATER DRIVE | ROYAL PALM BEACH | FL | 33411 | DIRECTOR | $75,000 |
| ANDREW PALLEN | |||||
| 7560 VIA LURIA | LAKE WORTH | FL | 33467 | DIRECTOR | $75,000 |
| THE BERACHA TEAM LLC | |||||
| 2800 SW 27TH TERRACE UNIT 414 | MIAMI | FL | 72000 | INVESTMENT ADVISOR | $72,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 1 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | ANIMAL SANCTUARY & CARE CHARITIES, MILITARY VETRANS AND RELATED CHARITIES AND ENVIRONMENTAL, ECOLOGICAL AND PRESERVATION CHARITIES DONATIONS TOTALING | Description1Txt |
| Expenses1 | $76,946 | Expenses1Amt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $0 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $0 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $0 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $0 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $0 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $0 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $0 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sect4942j3j5 Fndtn And Frgn Org | Yes (X) | Sect4942j3j5FndtnAndFrgnOrgInd |
| Distributable As Adjusted | $0 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $76,946 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $76,946 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $0 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr5 | $0 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $0 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $43,905,647 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $0 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $0 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $43,905,647 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $76,946 | QualifyingDistributionsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Remaining Distri From Corpus | $76,946 | RemainingDistriFromCorpusAmt |
| Total Corpus | $43,982,593 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $43,982,593 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $0 | ExcessFromYear4Amt |
| Excess From Year3 | $43,905,647 | ExcessFromYear3Amt |
| Excess From Year2 | $0 | ExcessFromYear2Amt |
| Excess From Year1 | $0 | ExcessFromYear1Amt |
| Excess From Current Year | $76,946 | ExcessFromCurrentYearAmt |
Private Operating Foundations PrivateOperatingFoundationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Fndtn Ruling | 2020-11-12 | PrivateOperatingFndtnRulingDt |
| Section4942j3 | Yes (X) | Section4942j3Ind |
Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $0 | CurrentYearAmt |
| Year1 | $0 | Year1Amt |
| Year2 | $0 | Year2Amt |
| Year3 | $0 | Year3Amt |
| Total | $0 | TotalAmt |
Qualifying Distributions QualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $76,946 | CurrentYearAmt |
| Year1 | $34,000 | Year1Amt |
| Year2 | $0 | Year2Amt |
| Year3 | $0 | Year3Amt |
| Total | $110,946 | TotalAmt |
Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $76,946 | CurrentYearAmt |
| Year1 | $34,000 | Year1Amt |
| Year2 | $0 | Year2Amt |
| Year3 | $0 | Year3Amt |
| Total | $110,946 | TotalAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $38,506,548 | CurrentYearAmt |
| Year1 | $37,509,136 | Year1Amt |
| Year2 | $21,131,275 | Year2Amt |
| Year3 | $23,614,674 | Year3Amt |
| Total | $120,761,633 | TotalAmt |
Total Assets Sect4942j3 Bi TotalAssetsSect4942j3BiGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $38,506,548 | CurrentYearAmt |
| Year1 | $37,509,136 | Year1Amt |
| Year2 | $21,131,275 | Year2Amt |
| Year3 | $23,614,674 | Year3Amt |
| Total | $120,761,633 | TotalAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (7 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| FREEDOM WATERS FOUNDATION | ||||||
| 895 10TH STREET SOUTH | NAPLES | FL | 34120 | 501C3 | THERAPEUTICBOATING EXPERIENCES | $24,946 |
| SIR PATRICK CHARITIES | ||||||
| 1713 SUMMIT AVENUE | UNION CITY | NJ | 07087 | 501C3 | HELP THE POOR& NEEDY | $25,000 |
| NAVAL AIR STATION MUSEUM | ||||||
| 4000 W PERMITER ROAD | FTLAUDWEDALE | FL | 33315 | 501C3 | EDUCATION | $2,000 |
| DOUGLAS PALLEN LEGACY FOUNDATION | ||||||
| 7560 VIA LURIA | LAKE WORTH | FL | 33467 | 501C3 | HELP THE POOR& NEEDY | $10,000 |
| HERO HORSES INC | ||||||
| 7560 VIA LURIA | LAKE WORTH | FL | 33467 | 501C3 | HELP WITHDISABILITIES | $5,000 |
| RED RIBBON ACADEMY | ||||||
| 2230 CAMPLAIN ROAD | HILLSBOROUGH | NJ | 08844 | 501C3 | HOUSING &EMPLOYMENT FORDISABLED | $5,000 |
| ALEXANDER & BUONO FOUNDATION | ||||||
| 244 MADISON AVE STE 300 | NEW YORK | NY | 10016 | 501C3 | CAREER HELP FORCLASSICALMUSICIANS | $5,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $76,946 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 900001 | BusinessCd |
| Unrelated Business Taxbl Incm | $183,394 | UnrelatedBusinessTaxblIncmAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 900001 | BusinessCd |
| Unrelated Business Taxbl Incm | $178,647 | UnrelatedBusinessTaxblIncmAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 900001 | BusinessCd |
| Unrelated Business Taxbl Incm | -$63,430 | UnrelatedBusinessTaxblIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $298,611 | UnrelatedBusinessTaxblIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $298,611 | 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 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| INVESTMENT ADVISORS | $94,235 | $94,235 | $94,235 |
| OFFICE EXPENSES | $7,755 | $7,755 | $7,755 |
| REPAIRS % MAINTENANCE | $65,006 | $65,006 | $65,006 |
| UTILITIES | $20,534 | $20,534 | $20,534 |
Other Notes Loans Rcvbl Short Sch2 OtherNotesLoansRcvblShortSch2
Other Notes Loans Rcvbl Short OtherNotesLoansRcvblShortGrp
Organization501c3 Name Organization501c3Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MORI REVOCABLE TRUST | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Balance Due | $1,597,390 | BalanceDueAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| LICENSES,TAXES,FEES | $6,671 | $6,671 | $6,671 |
| PAYROLL TAXES | $34,425 | $34,425 | $34,425 |
| PROPERTY TAXES | $41,711 | $41,711 | $41,711 |