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KATHERINE W MONROE & DOUGLAS D MONROE JR FAMILY CHARITABLE FOUNDA: Form 990PF, tax year 2018

View the entire original 990 at ProPublica ↗

Organization
KATHERINE W MONROE & DOUGLAS D MONROE JR FAMILY CHARITABLE FOUNDA (EIN 47-7254611)
Tax period
2018-01-01 to 2018-12-31
Filed
2019-05-13
IRS object ID
201911339349102971
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)
Return2019-05-13T16:26:45-04:00ReturnTs
Tax Period End2018-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN450956242PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Mitchell CPAs & Advisors PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line16510 Main StreetAddressLine1Txt
CityGloucesterCityNm
State AbbreviationVAStateAbbreviationCd
ZIP23061ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2018-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN477254611EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1KATHERINE W MONROE & DOUGLAS D MONROE JRBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlKATHBusinessNameControlTxt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 518AddressLine1Txt
CityIRVINGTONCityNm
State AbbreviationVAStateAbbreviationCd
ZIP224800518ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDOUGLAS D MONROE JRPersonNm
Person TitleTRUSTEEPersonTitleTxt
Phone8044386737PhoneNum
Signature2019-05-01SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMITCHELL W KENTPreparerPersonNm
PTINP01234049PTIN
Phone8046932040PhoneNum

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address70.168.221.150IPv4AddressTxt
FieldValueIRS element (for citing)
IP2019-05-13IPDt
IP Tm16:25:31IPTm
Federal Original Submission Id5497292019133cveromuFederalOriginalSubmissionId
Federal Original Submission Id2019-05-13FederalOriginalSubmissionIdDt
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device IdBE5A67B58388730C0B8DE5B2A1A3C23732D7FDE2AtSubmissionCreationDeviceId
At Submission Filing Device IdBE5A67B58388730C0B8DE5B2A1A3C23732D7FDE2AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2018TaxYr
Build TS2019-02-21 02:37:17ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$965,148FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$246,882ContriRcvdRevAndExpnssAmt
Dividends Rev And Expnss$14,578DividendsRevAndExpnssAmt
Dividends Net Invst Incm$14,578DividendsNetInvstIncmAmt
Dividends Adj Net Incm$14,578DividendsAdjNetIncmAmt
Total Rev And Expnss$261,460TotalRevAndExpnssAmt
Total Net Invst Incm$14,578TotalNetInvstIncmAmt
Total Adj Net Incm$14,578TotalAdjNetIncmAmt
Legal Fees Rev And Expnss$700LegalFeesRevAndExpnssAmt
Taxes Rev And Expnss$90TaxesRevAndExpnssAmt
Taxes Net Invst Incm$90TaxesNetInvstIncmAmt
Other Expenses Rev And Expnss$32OtherExpensesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$822TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$90TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$19,470ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$19,470ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$20,292TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$90TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$19,470TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$241,168ExcessRevenueOverExpensesAmt
Net Investment Income$14,488NetInvestmentIncomeAmt
Adjusted Net Income$14,578AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$53,264CashBOYAmt
Cash EOY$11,121CashEOYAmt
Cash EOYFMV$11,121CashEOYFMVAmt
Corporate Stock BOY$496,749CorporateStockBOYAmt
Corporate Stock EOY$780,060CorporateStockEOYAmt
Corporate Stock EOYFMV$954,027CorporateStockEOYFMVAmt
Total Assets BOY$550,013TotalAssetsBOYAmt
Total Assets EOY$791,181TotalAssetsEOYAmt
Total Assets EOYFMV$965,148TotalAssetsEOYFMVAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Additional Paid In Capital BOY$550,013AdditionalPaidInCapitalBOYAmt
Additional Paid In Capital EOY$791,181AdditionalPaidInCapitalEOYAmt
Tot Net Ast Or Fund Balances BOY$550,013TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$791,181TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$550,013TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$791,181TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$550,013TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$241,168ExcessRevenueOverExpensesAmt
Subtotal$791,181SubtotalAmt
Tot Net Ast Or Fund Balances EOY$791,181TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$59,630AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$45,147NetVlNoncharitableAssetsYr1Amt
Distribution Yr11.320797DistributionYr1Rt
Adjusted Qlfy Distri Yr2$55,112AdjustedQlfyDistriYr2Amt
Adjusted Qlfy Distri Yr3$5,850AdjustedQlfyDistriYr3Amt
Total Distribution1.320797TotalDistributionRt
Average Distribution0.264159AverageDistributionRt
Net Vl Noncharitable Assets$802,426NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$211,968AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$145NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$212,113AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$19,470QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$290InvestmentIncomeExciseTaxAmt
Tax Under Section511$0TaxUnderSection511Amt
Subtotal$290SubtotalAmt
Subtitle A Tax$0SubtitleATaxAmt
Tax Based On Investment Income$290TaxBasedOnInvestmentIncomeAmt
Tax Due$290TaxDueAmt

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 SatisfiedfalseSection508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateVAOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsYes (true)NewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Individual With BooksMITCHELL CPAS ADVISORS PCIndividualWithBooksNm
Phone8046932040PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line16510 MAIN STREETAddressLine1Txt
CityGLOUCESTERCityNm
State AbbreviationVAStateAbbreviationCd
ZIP23061ZIPCd
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
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
DOUGLAS D MONROE JR
PO BOX 518IRVINGTONVA224800518TRUSTEE5.00$0$0$0
WENDE M SZYPERSKI
P O BOX 38IRVINGTONVA22480TRUSTEE5.00$0$0$0
MARGARET M BARLOW
484 LIGHTFOOT ROADLOUISVILLEKY40207TRUSTEE5.00$0$0$0
KATHERINE M SPOTTS
6101 RIVER ROADRICHMONDVA23226TRUSTEE5.00$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

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1dpfErrDescription1Txt
Expenses1$0Expenses1Amt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$798,203AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$16,443AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$814,646TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$814,646AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$12,220CashDeemedCharitableAmt
Net Vl Noncharitable Assets$802,426NetVlNoncharitableAssetsAmt
Minimum Investment Return$40,121MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$40,121MinimumInvestmentReturnAmt
Tax Based On Investment Income$290TaxBasedOnInvestmentIncomeAmt
Total Tax$290TotalTaxAmt
Distributable Before Adj$39,831DistributableBeforeAdjAmt
Distributable Before Ded$39,831DistributableBeforeDedAmt
Distributable As Adjusted$39,831DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$19,470ExpensesAndContributionsAmt
Qualifying Distributions$19,470QualifyingDistributionsAmt
Adjusted Qualifying Distri$19,470AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$39,831DistributableAsAdjustedAmt
Undistributed Income PY$118,425UndistributedIncomePYAmt
Excess Distribution Cyov Yr3$5,850ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$55,112ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$57,463ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$118,425TotalExcessDistributionCyovAmt
Qualifying Distributions$19,470QualifyingDistributionsAmt
Applied To Year1$19,470AppliedToYear1Amt
Excess Distri Cyov App CY Corpus$39,831ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$39,831ExcessDistributionCyovAppCYAmt
Total Corpus$78,594TotalCorpusAmt
Taxable2$98,955Taxable2Amt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$78,594ExcessDistriCyovToNextYrAmt
Excess From Year2$21,131ExcessFromYear2Amt
Excess From Year1$57,463ExcessFromYear1Amt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (5 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
CHESAPEAKE ACADEMY
107 STEAMBOAT ROADIRVINGTONVA22480PCEDUCATIONAL$3,000
JOHN MBUDDY MOORE MEMORIAL TEAM
1693 IRVINGTON ROADKILMARNOCKVA22482NC501 C 3CHURCH$2,500
THE HOSEA INITIATIVE
P O BOX 265MATHEWSVA23109NC501 C 3EDUCATIONAL$10,000
CITY WORSHIP CENTER
1693 IRVINGTON ROADKILMARNOCKVA22482NC501 C 3CHURCH$2,970
THE GRIFFIN WILDER CLARK FOUNDATION
COLONIAL HEIGHTSCOLONIAL HEIGHTSVA23834NC501 C 3CHARITY$1,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$19,470TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut$0TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$14,578ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$14,578ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$14,578TotalIncomeProducingActyAmt

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

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp (2 entries)

ContributorContributorNumAddress Line1ContributorUSAddress/AddressLine1TxtCityContributorUSAddress/CityNmState AbbreviationContributorUSAddress/StateAbbreviationCdZIPContributorUSAddress/ZIPCdTotal ContributionsTotalContributionsAmtPerson ContributionPersonContributionIndNoncash ContributionNoncashContributionInd
DOUGLAS D MONROE JR
1P O BOX 518IRVINGTONVA22480$171,700Yes (X)
DOUGLAS D MONROE JR
2P O BOX 518IRVINGTONVA22480$75,182Yes (X)Yes (X)

Non Cash Property Contribution NonCashPropertyContributionGrp

FieldValueIRS element (for citing)
Contributor2ContributorNum
Noncash Property9422 SHARES OF CHESAPEAKE FINANCIAL SHARESNoncashPropertyDesc
Fair Market Value$281,341FairMarketValueAmt
Received2018-12-10ReceivedDt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (4 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
6937 SHS CHESAPEAKE FINANCIAL$117,265$207,139
3915 SHS CHESAPEAKE FINANCIAL$77,068$116,902
11676 SHS CHESAPEAKE FINANCIAL$302,416$348,645
9422 SHS CHESAPEAKE FINANCIAL$283,311$281,341

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

FieldValueIRS element (for citing)
CategoryACCOUNTING FEECategoryTxt
Legal Fees$700LegalFeesAmt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp

FieldValueIRS element (for citing)
DescBANK CHARGESDesc
Revenue And Expenses Per Books$32RevenueAndExpensesPerBooksAmt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Substantial Contributors Sch SubstantialContributorsSch

Substantial Contributor Detail SubstantialContributorDetail

FieldValueIRS element (for citing)
PersonDOUGLAS D MONROE JRPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1P O BOX 518AddressLine1Txt
CityIRVINGTONCityNm
State AbbreviationVAStateAbbreviationCd
ZIP22480ZIPCd

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
Category2017 INCOME TAX DUECategoryTxt
Amt$90Amt
Net Investment Income$90NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

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