EDERIC FOUNDATION INC: Form 990PF, tax year 2018

View the entire original 990 at ProPublica ↗

Organization
EDERIC FOUNDATION INC (EIN 51-6017927)
Tax period
2018-01-01 to 2018-12-31
Filed
2019-11-06
IRS object ID
201943109349100344
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 ReturnHeader

FieldValueIRS element (for citing)
Return2019-11-06T10:02:26-08:00ReturnTs
Tax Period End2018-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1POWDERMILL FINANCIAL SOLUTIONSBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line15803 KENNETT PIKE SUITE AAddressLine1Txt
CityWILMINGTONCityNm
State AbbreviationDEStateAbbreviationCd
ZIP19807ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2018-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN516017927EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1EDERIC FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlEDERBusinessNameControlTxt
Phone3026553274PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line15803 KENNETT PIKE STE AAddressLine1Txt
CityWILMINGTONCityNm
State AbbreviationDEStateAbbreviationCd
ZIP19807ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonNATALIE R WEYMOUTHPersonNm
Person TitleTRUSTEEPersonTitleTxt
Phone3026553274PhoneNum
Signature2019-11-06SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMICHAEL G MORGANPreparerPersonNm
PTINP01446968PTIN
Phone3026587796PhoneNum
Preparation2019-11-06PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address68.168.95.10IPv4AddressTxt
FieldValueIRS element (for citing)
IP2019-11-06IPDt
IP Tm10:02:04IPTm
IP TimezonePSIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id7CD4EA520CA4D88054C9D47B02F44BA2891F86B0AtSubmissionCreationDeviceId
At Submission Filing Device Id7CD4EA520CA4D88054C9D47B02F44BA2891F86B0AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2018TaxYr
Build TS2020-03-31 21:24:44ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$7,643FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$0ContriRcvdRevAndExpnssAmt
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$0InterestOnSavRevAndExpnssAmt
Cap Gain Net Incm Net Invst Incm$0CapGainNetIncmNetInvstIncmAmt
Gross Profit Rev And Expnss$0GrossProfitRevAndExpnssAmt
Other Income Rev And Expnss$2,000OtherIncomeRevAndExpnssAmt
Total Rev And Expnss$2,000TotalRevAndExpnssAmt
Total Net Invst Incm$0TotalNetInvstIncmAmt
Legal Fees Rev And Expnss$0LegalFeesRevAndExpnssAmt
Accounting Fees Rev And Expnss$626AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$626AccountingFeesNetInvstIncmAmt
Other Prof Fees Rev And Expnss$0OtherProfFeesRevAndExpnssAmt
Taxes Rev And Expnss$25TaxesRevAndExpnssAmt
Deprec And Dpltn Rev And Expnss$0DeprecAndDpltnRevAndExpnssAmt
Other Expenses Rev And Expnss$0OtherExpensesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$651TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$626TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$0ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$0ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$651TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$626TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$0TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$1,349ExcessRevenueOverExpensesAmt
Net Investment Income$0NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$6,294CashBOYAmt
Cash EOY$7,643CashEOYAmt
Cash EOYFMV$7,643CashEOYFMVAmt
Rcvbl From Officers EOY$0RcvblFromOfficersEOYAmt
Other Nts And Loans Rcvbl EOY$0OtherNtsAndLoansRcvblEOYAmt
Land Bldg Investments EOY$0LandBldgInvestmentsEOYAmt
Other Investments EOY$0OtherInvestmentsEOYAmt
Land EOY$0LandEOYAmt
Other Assets BOY$0OtherAssetsBOYAmt
Other Assets EOY$0OtherAssetsEOYAmt
Other Assets EOYFMV$0OtherAssetsEOYFMVAmt
Total Assets BOY$6,294TotalAssetsBOYAmt
Total Assets EOY$7,643TotalAssetsEOYAmt
Total Assets EOYFMV$7,643TotalAssetsEOYFMVAmt
Loans From Officers EOY$0LoansFromOfficersEOYAmt
Mortgages And Notes Payable EOY$0MortgagesAndNotesPayableEOYAmt
Other Liabilities BOY$0OtherLiabilitiesBOYAmt
Other Liabilities EOY$0OtherLiabilitiesEOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Retained Earning BOY$6,294RetainedEarningBOYAmt
Retained Earning EOY$7,643RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$6,294TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$7,643TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$6,294TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$7,643TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$6,294TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$1,349ExcessRevenueOverExpensesAmt
Subtotal$7,643SubtotalAmt
Tot Net Ast Or Fund Balances EOY$7,643TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$45,150AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$8,838NetVlNoncharitableAssetsYr1Amt
Distribution Yr15.108622DistributionYr1Rt
Adjusted Qlfy Distri Yr2$64,950AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$6,489NetVlNoncharitableAssetsYr2Amt
Distribution Yr210.009246DistributionYr2Rt
Adjusted Qlfy Distri Yr3$59,300AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$7,577NetVlNoncharitableAssetsYr3Amt
Distribution Yr37.826316DistributionYr3Rt
Adjusted Qlfy Distri Yr4$61,200AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$8,032NetVlNoncharitableAssetsYr4Amt
Distribution Yr47.619522DistributionYr4Rt
Adjusted Qlfy Distri Yr5$61,650AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$7,681NetVlNoncharitableAssetsYr5Amt
Distribution Yr58.026299DistributionYr5Rt
Total Distribution38.590005TotalDistributionRt
Average Distribution7.718001AverageDistributionRt
Net Vl Noncharitable Assets$7,137NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$55,083AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$0NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$55,083AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$0QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$0InvestmentIncomeExciseTaxAmt
Tax Under Section511$0TaxUnderSection511Amt
Subtotal$0SubtotalAmt
Subtitle A Tax$0SubtitleATaxAmt
Tax Based On Investment Income$0TaxBasedOnInvestmentIncomeAmt
Extsn Request Income Tax Paid$0ExtsnRequestIncomeTaxPaidAmt
Total Payments And Credits$0TotalPaymentsAndCreditsAmt
Tax Due$0TaxDueAmt
Applied To ES Tax$0AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Form990 T FiledfalseForm990TFiledInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateDEOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressNONEWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1POWDERMILL FINANCIAL SOLUTIONSBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3026587796PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line15803 KENNETT PIKE STE AAddressLine1Txt
CityWILMINGTONCityNm
State AbbreviationDEStateAbbreviationCd
ZIP19807ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (5 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
PHILIP B WEYMOUTH JR
5803 KENNETT PIKE STE AWILMINGTONDE19807PRESIDENT1.00$0$0$0
NATALIE R WEYMOUTH
5803 KENNETT PIKE STE AWILMINGTONDE19807TRUSTEE1.00$0$0$0
NATALIE W KEENAN
5803 KENNETT PIKE STE AWILMINGTONDE19807TRUSTEE1.00$0$0$0
TIMOTHY B WEYMOUTH
5803 KENNETT PIKE STE AWILMINGTONDE19807TRUSTEE1.00$0$0$0
MICHAEL MORGAN
5803 KENNETT PIKE STE AWILMINGTONDE19807SECRETARY1.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k0OtherEmployeePaidOver50kCnt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt
Contractor Paid Over50k0ContractorPaidOver50kCnt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$7,246AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$7,246TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$7,246AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$109CashDeemedCharitableAmt
Net Vl Noncharitable Assets$7,137NetVlNoncharitableAssetsAmt
Minimum Investment Return$357MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$357MinimumInvestmentReturnAmt
Tax Based On Investment Income$0TaxBasedOnInvestmentIncomeAmt
Total Tax$0TotalTaxAmt
Distributable Before Adj$357DistributableBeforeAdjAmt
Distributable Before Ded$357DistributableBeforeDedAmt
Distributable As Adjusted$357DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$0ExpensesAndContributionsAmt
Pct Sect4940e Org Net Invst Incm$0PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$0AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$357DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$61,266ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$60,798ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$59,300ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$64,950ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$45,150ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$291,464TotalExcessDistributionCyovAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Remaining Distri From Corpus$0RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus$357ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$357ExcessDistributionCyovAppCYAmt
Total Corpus$291,107TotalCorpusAmt
Prior Year Undistributed Incm$0PriorYearUndistributedIncmAmt
Taxable1$0Taxable1Amt
Taxable2$0Taxable2Amt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$60,909ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$230,198ExcessDistriCyovToNextYrAmt
Excess From Year4$60,798ExcessFromYear4Amt
Excess From Year3$59,300ExcessFromYear3Amt
Excess From Year2$64,950ExcessFromYear2Amt
Excess From Year1$45,150ExcessFromYear1Amt
Excess From Current Year$0ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerNATALIE R WEYMOUTHContributingManagerNm
Contributing ManagerPHILIP B WEYMOUTH JRContributingManagerNm
Shareholder ManagerNONEShareholderManagerNm

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonNATALIE R WEYMOUTH TRUSTEE-EDERIC FRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line15803 KENNETT PIKE STE AAddressLine1Txt
CityWILMINGTONCityNm
State AbbreviationDEStateAbbreviationCd
ZIP19807ZIPCd
FieldValueIRS element (for citing)
Recipient Phone3026587796RecipientPhoneNum
Form And Info And MaterialsAPPLICANTS SHOULD SUBMIT PURPOSE AND QUALIFICATIONS FOR CONTRIBUTIONSFormAndInfoAndMaterialsTxt
Submission DeadlinesREQUESTS ARE ACCEPTED AT ANY TIMESubmissionDeadlinesTxt
Restrictions On AwardsFOR THE PROMOTION OF RELIGIOUS, CHARITABLE, SCIENTIFIC, LITERARY AND EDUCATIONAL ORGANIZATIONS, EXEMPT UNDER 501 (C) (3)RestrictionsOnAwardsTxt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Other Revenue Described OtherRevenueDescribedGrp

FieldValueIRS element (for citing)
Desc2017 VOIDED CHECKDesc
Related Or Exempt Function Incm$2,000RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$2,000RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$2,000TotalIncomeProducingActyAmt

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

FieldValueIRS element (for citing)
Line Number11LineNumberTxt
Relationship Statement2017 EXPENSE VOIDED/REFUNDEDRelationshipStatementTxt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryPOWDERMILL FIN'L SOLUTIONS TAX & ACCOUNTINGCategoryTxt
Amt$626Amt
Net Investment Income$626NetInvestmentIncomeAmt

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

FieldValueIRS element (for citing)
DescVOIDED CHECKDesc
Revenue And Expenses Per Books$2,000RevenueAndExpensesPerBooksAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryDE FRANCHISE TAXCategoryTxt
Amt$25Amt

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