FAITH FOUNDATION: Form 990PF, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
FAITH FOUNDATION (EIN 23-7794551)
Tax period
2023-10-01 to 2024-09-30
Filed
2025-02-17
IRS object ID
202520489349100322
Schema version
2023v6.0
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)
Return2025-02-17T14:30:33-05:00ReturnTs
Tax Period End2024-09-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN232749044PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1BEE BERGVALL & COBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 754AddressLine1Txt
CityWARRINGTONCityNm
State AbbreviationPAStateAbbreviationCd
ZIP189760754ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2023-10-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN237794551EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1FAITH FOUNDATIONBusinessNameLine1Txt
Business Name Line2C/O BRETT GRIFFITHBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlFAITBusinessNameControlTxt
Phone2158058865PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 1676AddressLine1Txt
CityDOYLESTOWNCityNm
State AbbreviationPAStateAbbreviationCd
ZIP18901ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonBRETT R GRIFFITHPersonNm
Person TitleTRUSTEEPersonTitleTxt
Phone2153228100PhoneNum
Signature2025-02-05SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonCYNTHIA BERGVALL CPAPreparerPersonNm
PTINP00133440PTIN
Phone2153432727PhoneNum
Preparation2025-02-17PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Address ChangeYes (X)AddressChangeInd
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$6,004,859FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Dividends Rev And Expnss$119,200DividendsRevAndExpnssAmt
Dividends Net Invst Incm$119,200DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$168,978NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$767,345GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$168,978CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$288,178TotalRevAndExpnssAmt
Total Net Invst Incm$288,178TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$3,600AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$1,800AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps$1,800AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss$28,519OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$28,519OtherProfFeesNetInvstIncmAmt
Taxes Rev And Expnss$5,439TaxesRevAndExpnssAmt
Other Expenses Rev And Expnss$1,215OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$30OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl$254OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$38,773TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$30,349TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$2,054TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$184,500ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$184,500ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$223,273TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$30,349TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$186,554TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$64,905ExcessRevenueOverExpensesAmt
Net Investment Income$257,829NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$49,695CashBOYAmt
Cash EOY$154,942CashEOYAmt
Cash EOYFMV$154,942CashEOYFMVAmt
Sav And Temp Cash Invst BOY$139,652SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$22,648SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$22,648SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$4,602,359CorporateStockBOYAmt
Corporate Stock EOY$4,679,021CorporateStockEOYAmt
Corporate Stock EOYFMV$5,827,269CorporateStockEOYFMVAmt
Total Assets BOY$4,791,706TotalAssetsBOYAmt
Total Assets EOY$4,856,611TotalAssetsEOYAmt
Total Assets EOYFMV$6,004,859TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$4,791,706NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$4,856,611NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$4,791,706TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$4,856,611TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$4,791,706TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$4,856,611TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$4,791,706TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$64,905ExcessRevenueOverExpensesAmt
Subtotal$4,856,611SubtotalAmt
Tot Net Ast Or Fund Balances EOY$4,856,611TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
PropertyPUBLICLY TRADED SECURITIESPropertyDesc
How AcquiredPHowAcquiredCd
Gross Sales Price$697,557GrossSalesPriceAmt
Cost Or Other Basis$598,367CostOrOtherBasisAmt
Gain Or Loss$99,190GainOrLossAmt
Gains Minus Excess Or Losses$99,190GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income$168,978CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss$99,190NetShortTermCapitalGainLossAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$3,584InvestmentIncomeExciseTaxAmt
Subtotal$3,584SubtotalAmt
Tax Based On Investment Income$3,584TaxBasedOnInvestmentIncomeAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$117EsPenaltyAmt
Tax Due$3,701TaxDueAmt

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
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StatePAOrgReportOrRegisterStateCd
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 AddressN/AWebsiteAddressTxt
Individual With BooksBRETT R GRIFFITHIndividualWithBooksNm
Phone2158058865PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 1676AddressLine1Txt
CityDOYLESTOWNCityNm
State AbbreviationPAStateAbbreviationCd
ZIP18901ZIPCd
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
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
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

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
HELGA L GRIFFITH
PO BOX 1676DOYLESTOWNPA18901TRUSTEE0.00$0$0$0
RICHARD S GRIFFITH JR
PO BOX 1676DOYLESTOWNPA18901TRUSTEE1.15$0$0$0
SCOTT M GRIFFITH
PO BOX 1676DOYLESTOWNPA18901TRUSTEE1.15$0$0$0
BARBARA G BALDWIN
PO BOX 1676DOYLESTOWNPA18901TRUSTEE0.00$0$0$0
BRETT R GRIFFITH
PO BOX 1676DOYLESTOWNPA18901TRUSTEE1.15$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$5,415,894AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$278,339AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$5,694,233TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$5,694,233AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$85,413CashDeemedCharitableAmt
Net Vl Noncharitable Assets$5,608,820NetVlNoncharitableAssetsAmt
Minimum Investment Return$280,441MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$280,441MinimumInvestmentReturnAmt
Tax Based On Investment Income$3,584TaxBasedOnInvestmentIncomeAmt
Total Tax$3,584TotalTaxAmt
Distributable Before Adj$276,857DistributableBeforeAdjAmt
Distributable Before Ded$276,857DistributableBeforeDedAmt
Distributable As Adjusted$276,857DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$186,554ExpensesAndContributionsAmt
Qualifying Distributions$186,554QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$276,857DistributableAsAdjustedAmt
Excess Distribution Cyov Yr1$23,503ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$23,503TotalExcessDistributionCyovAmt
Qualifying Distributions$186,554QualifyingDistributionsAmt
Applied To Current Year$186,554AppliedToCurrentYearAmt
Excess Distri Cyov App CY Corpus$23,503ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$23,503ExcessDistributionCyovAppCYAmt
Undistributed Income CY$66,800UndistributedIncomeCYAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (14 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
BIBLE LEAGUE INTERNATIONAL
3801 EALGE NEST DRIVECRETEIL60417PCCHRISTIAN MINISTRY$5,000
BOLD HOPE
3488 YORK ROADFURLONGPA18925PCCHRISTIAN MINISTRY$25,000
CALVARY CHAPEL GATEWAY
533 TILTON ROADNORTHFIELDNJ08225PCCHRISTIAN MINISTRY$25,000
CALVARY CHAPEL OF PHILADELPHIA
13500 PHILMONT AVEPHILADELPHIAPA19116PCCHRISTIAN MINISTRY$10,000
CALVARY CHAPEL OLD BRIDGE
123 WHITE OAK LANEOLD BRIDGENJ08857PCCHRISTIAN MINISTRY$10,000
CALVARY CHAPEL WORD OF LIFE
3201 N 16TH STPHILADELPHIAPA19132PCCHRISTIAN MINISTRY$25,000
CHOICES OF THE HEART
108 GREENTREE ROAD UNITBLACKWOODNJ08012PCCHRISTIAN MINISTRY$10,000
COMPASSION INTERNATIONAL
12290 VOYAGER PKWYCOLORADO SPRINGSCO80921PCCHRISTIAN MINISTRY$10,000
FAR REACHING MINISTRIES
38615 CALISTOGA DR STE 1MURRIETACA92563PCCHRISTIAN MINISTRY$20,000
FELLOWSHIP OF CHRISTIAN ATHLETES
8701 LEEDS ROADKANSAS CITYMO64129PCCHRISTIAN MINISTRY$4,000
FIELDS OF ABUNDANCE MISSION
PO BOX 98PIPERSVILLEPA18947PCCHRISTIAN MINISTRY$5,000
PAUL STEEGE MINISTRIES
403 WEEPING WILLOW WAYMAGNOLIATX77354PCCHRISTIAN MINISTRY$3,000
RELIANT MISSION
11002 LAKE HART DRIVEORLANDOFL32832PCCHRISTIAN MINISTRY$30,000
RIPE FOR HARVEST
PO BOX 487MONUMENTCO80132PCCHRISTIAN MINISTRY$2,500
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$184,500TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$119,200ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$168,978ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$288,178ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$288,178TotalIncomeProducingActyAmt

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)
CategoryACCOUNTING FEESCategoryTxt
Amt$3,600Amt
Net Investment Income$1,800NetInvestmentIncomeAmt
Disbursements Charitable Prps$1,800DisbursementsCharitablePrpsAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
PERSHING MUTUAL FUND, AS ATTACHED$4,570,344$5,589,070
PERSHING ET, AS ATTACHED$108,677$238,199

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (6 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
EXPENSES
BANK FEES$60$30$30
PA REGISTRATION FEES$15$15
POSTAGE$117$117
OFFICE EXPENSE$92$92
PENALTIES$931

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryINVESTMENT FEESCategoryTxt
Amt$28,519Amt
Net Investment Income$28,519NetInvestmentIncomeAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryFEDERAL EXCISE TAXCategoryTxt
Amt$5,439Amt

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