THE KARESE FOUNDATION: Form 990PF, tax year 2018
View the entire original 990 at ProPublica ↗
- Organization
- THE KARESE FOUNDATION (EIN 47-5125279)
- Tax period
- 2018-01-01 to 2018-12-31
- Filed
- 2019-09-12
- IRS object ID
- 201902559349100115
- 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
- Depreciation Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Liquidation Explanation Stmt
- Other Expenses Schedule
- Other Income Schedule2
- Other Notes Loans Rcvbl Long Sch
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2019-09-12T13:13:32-05:00 | ReturnTs |
| Tax Period End | 2018-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foundation Source | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | One Hollow Ln Ste 212 | AddressLine1Txt |
| City | Lake Success | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11042 | 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 | 475125279 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Karese Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % FOSTER H CHASE JR | InCareOfNm |
| Business Name Control | KARE | BusinessNameControlTxt |
| Phone | 5092382708 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 499 | AddressLine1Txt |
| City | Colbert | CityNm |
| State Abbreviation | WA | StateAbbreviationCd |
| ZIP | 99005 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | FOSTER H CHASE JR | PersonNm |
| Person Title | President | PersonTitleTxt |
| Phone | 5092382708 | PhoneNum |
| Signature | 2019-09-04 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Jeffrey D Haskell | PreparerPersonNm |
| PTIN | P01345770 | PTIN |
| Phone | 8008391754 | PhoneNum |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 24.187.244.114 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Federal Original Submission Id | 06391520192555000005 | FederalOriginalSubmissionId |
| Federal Original Submission Id | 2019-09-12 | FederalOriginalSubmissionIdDt |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 6FA09F0146E80CA51CD060FDE9E6EBAC4362E663 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 78D185D94E59032E4B5D677F857013E059842DEA | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2018 | TaxYr |
| Build TS | 2019-02-21 02:37:17Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Change | Yes (X) | AddressChangeInd |
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $695,831 | 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 |
| Interest On Sav Rev And Expnss | $211 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $211 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $27,947 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $27,947 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $154,708 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $977,159 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $154,708 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $11,578 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $11,578 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $194,444 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $194,444 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Other Prof Fees Rev And Expnss | $10,045 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $10,045 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $200 | TaxesRevAndExpnssAmt |
| Other Expenses Rev And Expnss | $10,332 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $151 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $10,181 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $20,577 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $10,196 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $10,181 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $895,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $895,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $915,577 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $10,196 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $905,181 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$721,133 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $184,248 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $92,413 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $22,359 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $22,359 | SavAndTempCashInvstEOYFMVAmt |
| Other Nts And Loans Rcvbl | $285,301 | OtherNtsAndLoansRcvblAmt |
| Other Nts And Loans Rcvbl BOY | $291,087 | OtherNtsAndLoansRcvblBOYAmt |
| Other Nts And Loans Rcvbl EOY | $285,301 | OtherNtsAndLoansRcvblEOYAmt |
| Other Nts And Loans Rcvbl EOYFMV | $285,300 | OtherNtsAndLoansRcvblEOYFMVAmt |
| Corporate Stock BOY | $653,984 | CorporateStockBOYAmt |
| Corporate Stock EOY | $186,688 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $205,617 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $367,354 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $189,357 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $182,555 | CorporateBondsEOYFMVAmt |
| Total Assets BOY | $1,404,838 | TotalAssetsBOYAmt |
| Total Assets EOY | $683,705 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $695,831 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Retained Earning BOY | $1,404,838 | RetainedEarningBOYAmt |
| Retained Earning EOY | $683,705 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $1,404,838 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $683,705 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $1,404,838 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $683,705 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $1,404,838 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$721,133 | ExcessRevenueOverExpensesAmt |
| Subtotal | $683,705 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $683,705 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | Publicly-traded Securities | PropertyDesc |
| Gross Sales Price | $977,159 | GrossSalesPriceAmt |
| Cost Or Other Basis | $822,451 | CostOrOtherBasisAmt |
| Gain Or Loss | $154,708 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $154,708 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $154,708 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $565,610 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $1,921,326 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.294385 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $114,599 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $2,050,915 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.055877 | DistributionYr2Rt |
| Net Vl Noncharitable Assets Yr3 | $247,482 | NetVlNoncharitableAssetsYr3Amt |
| Adjusted Qlfy Distri Yr4 | $0 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $0 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.0 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $0 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $0 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.0 | DistributionYr5Rt |
| Total Distribution | 0.350262 | TotalDistributionRt |
| Average Distribution | 0.116754 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $1,256,911 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $146,749 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $1,842 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $148,591 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $905,181 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | Yes (X) | DomesticOrgMeetingSect4940eInd |
| Investment Income Excise Tax | $1,842 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $1,842 | SubtotalAmt |
| Tax Based On Investment Income | $1,842 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $534 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $3,006 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $3,540 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Overpayment | $1,698 | OverpaymentAmt |
| Applied To ES Tax | $1,698 | 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 | Yes (true) | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | DE | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FOSTER H CHASE JR | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 5092382708 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 499 | AddressLine1Txt |
| City | colbert | CityNm |
| State Abbreviation | WA | StateAbbreviationCd |
| ZIP | 99005 | 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 |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| Brenda Jo Chase | ||||||||
| PO Box 499 | Colbert | WA | 99005 | Dir, Sec, Treas | 1.0 | $0 | $0 | $0 |
| Foster H Chase Jr | ||||||||
| PO Box 499 | Colbert | WA | 99005 | Pres, Dir | 1.0 | $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 | $895,541 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $95,211 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $285,300 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $1,276,052 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $1,276,052 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $19,141 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $1,256,911 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $62,846 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $62,846 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $1,842 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $1,842 | TotalTaxAmt |
| Distributable Before Adj | $61,004 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $61,004 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $61,004 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $905,181 | 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 | $905,181 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $1,842 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $903,339 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $61,004 | DistributableAsAdjustedAmt |
| Prior Year1 | 2016 | PriorYear1Yr |
| Prior Year2 | 2015 | PriorYear2Yr |
| Prior Year3 | 2014 | PriorYear3Yr |
| Excess Distribution Cyov Yr2 | $8,944 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $470,532 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $479,476 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $905,181 | QualifyingDistributionsAmt |
| Applied To Current Year | $61,004 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $844,177 | RemainingDistriFromCorpusAmt |
| Total Corpus | $1,323,653 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $1,323,653 | ExcessDistriCyovToNextYrAmt |
| Excess From Year2 | $8,944 | ExcessFromYear2Amt |
| Excess From Year1 | $470,532 | ExcessFromYear1Amt |
| Excess From Current Year | $844,177 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | Foster H Chase Jr | ContributingManagerNm |
| Contributing Manager | BRENDA JO CHASE | ContributingManagerNm |
| 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 RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| COLLEGE SUCCESS FOUNDATION | |||||||
| 15500 SE 30TH PL STE 200 | BELLEVUE | WA | 98007 | N/A | PC | General & Unrestricted | $25,000 |
| COLLEGE SUCCESS FOUNDATION | |||||||
| 15500 SE 30TH PL STE 200 | BELLEVUE | WA | 98007 | N/A | PC | scholarship fund for a student who wishes to attend either Seattle Pacific University, Northwest University, or Whitworth College | $25,000 |
| GORDON COLLEGE | |||||||
| 255 GRAPEVINE RD | WENHAM | MA | 01984 | N/A | PC | General & Unrestricted | $600,000 |
| GORDON COLLEGE | |||||||
| 255 GRAPEVINE RD | WENHAM | MA | 01984 | N/A | PC | Track Renovation Project | $140,000 |
| NORTHWEST CHRISTIAN SCHOOLS INC | |||||||
| 5104 E BERNHILL RD | COLBERT | WA | 99005 | N/A | PC | General & Unrestricted | $25,000 |
| STEWARDS JOURNEY | |||||||
| 21816 BUCKEYE LAKE LN | COLBERT | WA | 99005 | N/A | PC | General & Unrestricted | $30,000 |
| THE BIG TABLE | |||||||
| PO BOX 372 | SPOKANE VALLEY | WA | 99210 | N/A | PC | General & Unrestricted | $50,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $895,000 | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $211 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $27,947 | 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 | $154,708 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | INTEREST INCOME FROM NOTE RECEIVABLE | Desc |
| Exclusion | 14 | ExclusionCd |
| Exclusion | $11,578 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $194,444 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $194,444 | 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 |
Depreciation Schedule DepreciationSchedule
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (25 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| AVALONBAY COMMUNITIES - 3.500% | $8,240 | $7,952 |
| BOSTON PROPERTIES LP - 3.650% | $8,094 | $7,744 |
| BP CAP MKTS - 3.017% - 01/16/2 | $7,460 | $7,515 |
| CATERPILLAR FINL SVCS - 3.250% | $8,107 | $7,904 |
| CITIGROUP INC - 4.300% - 11/20 | $8,857 | $8,655 |
| CVS HEALTH - 3.875% - 07/20/20 | $8,563 | $7,796 |
| DISNEY WALT CO - 3.000% - 02/1 | $8,314 | $7,703 |
| DR PEPPER SNAPPLE - 2.700% - 1 | $7,980 | $7,586 |
| GENERAL MTRS FINL COINC NOTE - | $6,902 | $6,443 |
| GOLDMAN SACHS GP INC - 5.950% | $5,772 | $5,265 |
| KRAFT FOODS GROUP INC - 3.500% | $8,224 | $7,919 |
| LINCOLN NATL CORP IND - 3.800% | $6,751 | $6,789 |
| MARRIOTT INTL INC NEW NOTE - 4 | $6,830 | $6,729 |
| NBC UNIVERSAL MEDIA LLC - 2.87 | $8,264 | $7,854 |
| NEWMONT MINING CORP NT - 3.500 | $8,987 | $8,905 |
| NUTRIEN LTD NOTE CALL - 3.625% | $7,037 | $6,805 |
| ORACLE CORP - 3.400% - 07/08/2 | $8,396 | $7,984 |
| REALTY INCOME CORP NOTE - 3.00 | $7,579 | $7,438 |
| TIME WARNER INC - 3.875% - 01/ | $8,090 | $7,641 |
| TOTAL CAPITAL CANADA LTD - 2.7 | $7,861 | $7,824 |
| TOYOTA MOTOR CREDIT CORP MTN - | $7,752 | $7,575 |
| TYCO ELECTRONICS - 3.700% - 02 | $8,170 | $7,777 |
| UNITED PARCEL SERVICE - 2.450% | $3,071 | $2,937 |
| UNITEDHEALTH GROUP INC - 3.450 | $7,117 | $6,928 |
| WASTE MGMT - 2.900% - 09/15/20 | $6,939 | $6,887 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (185 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| ABB LTD | $738 | $513 |
| ABBOTT LABS | $944 | $1,519 |
| ABN AMRO BANK NV UNSP ADR | $736 | $546 |
| ACCELERATE DIAGNOSTICS INC | $272 | $138 |
| ACCENTURE PLC | $2,841 | $3,243 |
| ADOBE SYSTEMS, INC | $1,859 | $2,941 |
| AIA GROUP LTD ADR | $451 | $427 |
| ALIGN TECHNOLOGY, INC | $494 | $1,047 |
| ALLEGHENY TECH | $216 | $174 |
| ALLSTATE CORP | $1,057 | $1,487 |
| ALPHABET INC CL A | $1,445 | $2,090 |
| ALPHABET INC CL C | $2,097 | $3,107 |
| AMER INTERNATIONAL GROUP INC | $2,068 | $1,537 |
| AMERICAN WOODMARK CORP | $289 | $167 |
| AMN HEALTHCARE SERVICES INC | $110 | $227 |
| AMNEAL PHARMACEUTICALS INC | $165 | $135 |
| ANHEUSER BUSCH COS INC | $1,373 | $856 |
| AON PLC | $704 | $1,163 |
| ARCHER DANIELS MDLND | $1,152 | $1,393 |
| ASGN INC | $184 | $273 |
| ASHTEAD GROUP PLC | $224 | $335 |
| ASSA ABLOY UNSP/ADR | $1,127 | $967 |
| AT&T, INC | $1,756 | $1,370 |
| AUTOMATIC DATA PROCESSING INC | $2,119 | $2,885 |
| BANK NEW YORK MELLON CORP COM | $1,070 | $1,412 |
| BANNER CORP | $174 | $160 |
| BARNES GROUP INC | $210 | $214 |
| BB&T CP | $1,018 | $1,386 |
| BHP BILLITON LIMITED | $734 | $1,256 |
| BIOTELEMETRY INC | $221 | $358 |
| BOOKING HOLDINGS INC | $1,058 | $1,722 |
| BOTTOMLINE TECHNOLOGIES, INC | $265 | $384 |
| BRANDYWINE RLTY TR | $261 | $193 |
| CADENCE BANCORPORATION | $290 | $168 |
| CALLAWAY GOLF CO | $187 | $184 |
| CALLON PETROLEUM CO | $206 | $110 |
| CALRSBERG AS SP ADR REP B | $656 | $659 |
| CANADIAN NATL RAILWAY CO | $448 | $519 |
| CANTEL MEDICAL CORPORATION | $175 | $223 |
| CARDINAL HEALTH INC | $2,017 | $1,338 |
| CASEY'S GENERAL STORES, INC | $265 | $256 |
| CAVCO INDS INC DEL | $360 | $261 |
| CHART INDUSTRIES, INC | $202 | $195 |
| CHATHAM LODGING TRUST | $184 | $177 |
| CHILDREN'S PLACE | $215 | $180 |
| CIENA CORP | $288 | $305 |
| CIGNA CORPORATION | $547 | $570 |
| CISCO SYSTEMS INC | $776 | $1,430 |
| CODEXIS INC | $195 | $217 |
| COHEN AND STEERS REALTY INCOME | $13,815 | $12,527 |
| COMFORT SYSTEMS USA INC | $186 | $262 |
| COMPAGNIE FINANCIERE RICHEMONT | $335 | $323 |
| COMPASS GROUP PLC ADR | $885 | $961 |
| CONOCOPHILLIPS | $843 | $1,434 |
| CONTROL4 CORPORATION | $218 | $158 |
| CVS CAREMARK CORP | $1,436 | $1,376 |
| DAIWA HOUSE IND LTD | $710 | $859 |
| DAVE AND BUSTERS ENTERTAINMENT | $202 | $178 |
| DBS GROUP HLDGS SPON ADR | $589 | $767 |
| DELEK US HLDGS INC | $267 | $195 |
| DOLLAR GENERAL CORP | $2,117 | $2,270 |
| DOLLAR TREE INC | $1,415 | $1,535 |
| DOWDUPONT INC | $1,155 | $1,497 |
| EAGLE BANCORP INC | $215 | $195 |
| EASTGROUP PROPERTIES INC | $259 | $275 |
| EDISON INTL | $1,514 | $1,419 |
| ENTEGRIS INC MINNESOTA | $68 | $167 |
| EQUINOR ASA | $286 | $360 |
| EQUITY RESIDENTIAL PPTYS TR | $1,278 | $1,452 |
| EURONET WORLDWIDE INC | $223 | $307 |
| EVOLENT HEALTH INC | $307 | $239 |
| FACEBOOK INC | $3,118 | $3,015 |
| FERGUSON PLC ADR | $557 | $656 |
| FERRO CORP | $155 | $125 |
| FIVE9 INC | $257 | $306 |
| G III APPAREL GRP LTD | $187 | $195 |
| GARTNER INC | $1,864 | $2,173 |
| GENMAB A/S | $245 | $198 |
| HALLIBURTON COMPANY | $1,477 | $1,329 |
| HARDING LOEVNER FRNT EMG MKT I | $3,251 | $3,728 |
| HEALTHEQUITY INC | $195 | $239 |
| HEARTLAND FINANCIAL USA, INC. | $286 | $264 |
| HELEN OF TROY LIMITED | $250 | $262 |
| HILLENBRAND, INC | $157 | $228 |
| HILTON GRAND VACATIONS INC. | $240 | $158 |
| HOULIHAN LOKEY INC | $326 | $258 |
| HUBSPOT INC | $319 | $377 |
| IBERIABANK CORPORATION | $233 | $193 |
| ICF INTERNATIONAL, INC | $212 | $194 |
| ICU MEDICAL, INC | $97 | $230 |
| IMAX CORPORATION | $151 | $150 |
| INFORMA PLC SPONSORED ADR | $424 | $371 |
| INTEGRATED DEVICE TECHNOLOGY I | $170 | $339 |
| INTEL CORP | $930 | $1,455 |
| INTER PARFUMS INC | $159 | $393 |
| J2 GLOBAL INC | $347 | $278 |
| JOHNSON & JOHNSON | $1,223 | $1,549 |
| KADANT INC | $207 | $163 |
| KAO CORP | $434 | $507 |
| KOMATSU LTD | $309 | $452 |
| KORN FERRY INTL | $217 | $158 |
| LAKELAND FINANCIAL CORPORATION | $110 | $161 |
| LIGAND PHARMACEUTICALS INC | $258 | $271 |
| LIVANOVA PLC | $182 | $274 |
| LOWES COMPANIES INC | $1,118 | $1,478 |
| MADDEN STEVEN LTD | $199 | $242 |
| MAINSTAY HIGH YIELD CORPORATE | $9,672 | $9,971 |
| MAKITA CORP | $632 | $774 |
| MALIBU BOATS INC | $206 | $209 |
| MARATHON OIL CORP COM | $966 | $1,405 |
| MARSH AND MCLENNAN COMPANIES I | $932 | $1,436 |
| MASTERCARD INC | $692 | $1,509 |
| MATADOR RESOURCES COMPANY | $231 | $124 |
| MATTHEWS INDIA FUND | $6,474 | $6,017 |
| MEDIDATA SOLUTIONS, INC | $224 | $202 |
| MEDTRONIC PLC | $1,271 | $1,364 |
| MERCK & CO INC | $1,092 | $1,528 |
| META FINANCIAL GROUP, INC | $232 | $116 |
| MICHELIN CIE GEN UNSP/ADR | $846 | $549 |
| MICROSOFT CORP | $3,992 | $4,266 |
| MODINE MFG CO | $131 | $119 |
| MONDELEZ INTERNATIONAL INC | $1,410 | $1,361 |
| MONOLITHIC POWER SYSTEMS, INC | $180 | $349 |
| MONRO MUFFLER BRAKE, INC | $344 | $344 |
| NEENAH PAPER INC | $173 | $177 |
| NESTLE S.A | $1,462 | $1,619 |
| NIKE INC-CL B | $2,021 | $2,521 |
| NMI HOLDINGS, INC. | $220 | $232 |
| NORDEA BANK ABP | $993 | $663 |
| NORTHROP GRUMMAN CORP | $1,076 | $1,469 |
| NOVANTA INC | $259 | $315 |
| NOVARTIS AG ADR | $1,450 | $1,545 |
| NUVASIVE, INC | $253 | $248 |
| NVIDIA CORP | $2,172 | $1,068 |
| O'REILLY AUTOMOTIVE INC | $1,484 | $2,755 |
| OCCIDENTAL PETROLEUM CORP | $1,455 | $1,412 |
| OMNICELL, INC | $236 | $245 |
| ORACLE CORP | $2,950 | $3,161 |
| OTTER TAIL CORP | $196 | $248 |
| PARTY CITY HOLDCO INC | $65 | $60 |
| PATRICK IND INC | $134 | $178 |
| PFIZER INC | $1,047 | $1,484 |
| PLANET FITNESS INC | $237 | $268 |
| PRINCIPAL FDS, INC. MIDCAP FD | $12,426 | $14,922 |
| PROOFPOINT INC | $167 | $251 |
| PRUDENTIAL PLC SC | $1,242 | $1,167 |
| PRUDENTIAL SHORT DURATION HIGH | $10,283 | $10,028 |
| PS BUSINESS PARKS, INC | $275 | $262 |
| QUEST DIAGNOSTICS | $1,119 | $1,416 |
| RAYTHEON CO | $1,078 | $1,380 |
| RED ELECTRICA DE ESPANA SA | $901 | $955 |
| REGENERON PHARMACEUTICALS INC | $1,853 | $1,868 |
| RELX PLC | $1,012 | $944 |
| ROGERS COMM CL B | $878 | $871 |
| ROYAL DUTCH SHELL CL A | $1,141 | $1,165 |
| RYANAIR HOLDINGS PLC-ADR COM | $725 | $499 |
| RYOHIN KEIKAKU | $939 | $962 |
| SAFRAN SA - UNSPON ADR | $1,044 | $1,106 |
| SAIA, INC | $115 | $279 |
| SAMPO PLC UNSPONSORED ADR | $908 | $908 |
| SAP AKTIENGESELL ADS | $1,164 | $1,294 |
| SEACOAST BANKING CORPORATION O | $172 | $156 |
| SELECTIVE INS GROUP INC | $187 | $305 |
| SILICON MOTION TECHNOLOGY CORP | $250 | $173 |
| SONOVA HOLDING AG AD | $361 | $295 |
| SOUTH JERSEY INDS INC | $177 | $195 |
| SPS COMMERCE, INC | $286 | $330 |
| STARBUCKS CORP COM | $2,181 | $2,447 |
| SUMITOMO MITSUI FINCL GRP | $731 | $703 |
| SUNCOR ENERGY INC | $962 | $755 |
| TELENOR ASA | $700 | $775 |
| TEXAS ROADHOUSE, INC | $372 | $358 |
| TPI COMPOSITES INC | $337 | $295 |
| UBISOFT ENTERTAIN UNSP ADR EAC | $229 | $210 |
| UNILEVER PLC AMER | $705 | $888 |
| UNITED COMMUNITY BANKS, INC | $291 | $215 |
| VERIZON COMMUNICATIONS | $1,266 | $1,462 |
| VINCI SA ADR | $573 | $718 |
| VISA INC | $1,821 | $3,299 |
| VIVENDI SA | $973 | $918 |
| VOLKSWAGEN AG ADR | $944 | $849 |
| WASTE MANAGEMENT INC | $831 | $1,424 |
| WINTRUST FINANCIAL CORPORATION | $189 | $266 |
| WOLTERS KLUWER S/ADR | $674 | $1,056 |
| ZOETIS INC | $2,166 | $2,395 |
Liquidation Explanation Stmt LiquidationExplanationStmt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | As explained below, the Foundation has no plans for dissolution. This statement is submitted to report the distribution of certain assets during the year. The distributions resulted in a substantial contraction of assets.The following information is submitted in accordance with Treasury Regulation Section 1.6043-3(a)(1) and the Form 990-PF instructions:During the taxable year ending December 31, 2018, the Foundation made distributions from assets from sources other than current income.Collectively, the distributions in excess of current income totaled $895,000. This amount represents 25% or more of the Foundation's net assets of $1,586,533 (as measured by fair market value) at the beginning of the Foundation's taxable year ending December 31, 2018. Although the Foundation technically experienced a substantial contraction, it will continue in existence and has no plans for dissolution.The Foundation made distributions of cash to the grantees listed in the attachment to Part XV, Line 3a; each such grant was made solely for the charitable purpose specified therein. | ExplanationTxt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| Administrative Fees | $10,156 | $10,156 | |
| Bank Charges | $151 | $151 | |
| State or Local Filing Fees | $25 | $25 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Interest Income from Note receivable | Desc |
| Revenue And Expenses Per Books | $11,578 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $11,578 | NetInvestmentIncomeAmt |
Other Notes Loans Rcvbl Long Sch OtherNotesLoansRcvblLongSch
Other Notes Loans Rcvbl Long OtherNotesLoansRcvblLongGrp
Borrower Name BorrowerNameGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FRIENDS OF NWCS LLC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Balance Due | $285,301 | BalanceDueAmt |
| Interest | 0 | InterestRt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Investment Management Services | CategoryTxt |
| Amt | $10,045 | Amt |
| Net Investment Income | $10,045 | NetInvestmentIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | 990-PF Estimated Tax for 2018 | CategoryTxt |
| Amt | $200 | Amt |
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