BAINUM FAMILY FOUNDATION: Form 990PF, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- BAINUM FAMILY FOUNDATION (EIN 23-7000192)
- Tax period
- 2017-07-01 to 2018-06-30
- Filed
- 2019-02-12
- IRS object ID
- 201920439349100912
- Schema version
- 2017v2.3
- 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
- Schedule B
- Accounting Fees Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Land Etc Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Other Receivables Officers Sch
- Reduction Explanation Statement
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2019-02-12T12:28:18-06:00 | ReturnTs |
| Tax Period End | 2018-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 111986323 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MARCUM LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1899 L Street NW 850 | AddressLine1Txt |
| City | Washington | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20036 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2017-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 237000192 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Bainum Family Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | COMM | BusinessNameControlTxt |
| Phone | 2404500000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7735 Old Georgetown Road No 1000 | AddressLine1Txt |
| City | Bethesda | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 20814 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Mark R Birmingham | PersonNm |
| Person Title | CFO/CIO/Treasurer | PersonTitleTxt |
| Phone | 2404500000 | PhoneNum |
| Signature | 2019-02-12 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Frank H Smith | PreparerPersonNm |
| PTIN | P00639053 | PTIN |
| Phone | 2028225000 | PhoneNum |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 47.19.127.190 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2019-02-12 | IPDt |
| IP Tm | 11:45:12 | IPTm |
| IP Timezone | ES | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 6F0C7B7B33521E2C29916EF55CD8B4C9BD24C3C8 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 78766E9840C963E251DA4B0DE235C4526D3F65E4 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2017 | TaxYr |
| Build TS | 2019-02-21 02:37:17Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $604,994,484 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $4,304,217 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $1,528,912 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $1,528,912 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $1,528,912 | InterestOnSavingsAdjNetIncmAmt |
| Dividends Rev And Expnss | $7,778,970 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $7,727,342 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $7,727,342 | DividendsAdjNetIncmAmt |
| Gross Rents Rev And Expnss | $1,528,594 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $1,528,594 | GrossRentsNetInvstIncmAmt |
| Gross Rents Adj Net Incm | $1,528,594 | GrossRentsAdjNetIncmAmt |
| Net Rental Income Or Loss | $1,528,594 | NetRentalIncomeOrLossAmt |
| Net Gain Sale Ast Rev And Expnss | $15,378,896 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $68,861,421 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $15,888,531 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $975,558 | NetSTCapitalGainAdjNetIncmAmt |
| Other Income Rev And Expnss | $604,971 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $496,439 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $496,439 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $31,124,560 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $27,169,818 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $12,256,845 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $1,057,423 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $210,276 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $210,276 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $826,087 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $4,174,120 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $166,364 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Adj Net Incm | $166,364 | OthEmplSlrsWgsAdjNetIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $4,012,557 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $1,180,967 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $43,008 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Adj Net Incm | $43,008 | PensionEmplBnftAdjNetIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $1,097,543 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $184,962 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $169,606 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $111,186 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $108,382 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $9,568,369 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $1,990,030 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $1,990,030 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $6,630,220 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $1,358,392 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $60,734 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $60,734 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $500,887 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $262,983 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $0 | DeprecAndDpltnNetInvstIncmAmt |
| Deprec And Dpltn Adj Net Incm | $0 | DeprecAndDpltnAdjNetIncmAmt |
| Occupancy Rev And Expnss | $228,311 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $0 | OccupancyNetInvstIncmAmt |
| Occupancy Adj Net Incm | $0 | OccupancyAdjNetIncmAmt |
| Occupancy Dsbrs Chrtbl | $228,311 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $332,868 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $2,049 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Adj Net Incm | $2,049 | TravConfMeetingAdjNetIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $298,556 | TravConfMeetingDsbrsChrtblAmt |
| Printing And Pub Rev And Expnss | $19,911 | PrintingAndPubRevAndExpnssAmt |
| Printing And Pub Net Invst Incm | $0 | PrintingAndPubNetInvstIncmAmt |
| Printing And Pub Adj Net Incm | $0 | PrintingAndPubAdjNetIncmAmt |
| Printing And Pub Dsbrs Chrtbl | $17,813 | PrintingAndPubDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $8,036,253 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $220,302 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $220,302 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $1,451,291 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $26,515,745 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $2,692,763 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $2,692,763 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $15,341,253 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,105,646 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,923,218 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $27,621,391 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $2,692,763 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $2,692,763 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $17,264,471 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $3,503,169 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $24,477,055 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $9,564,082 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $3,052,729 | CashBOYAmt |
| Cash EOY | $802,094 | CashEOYAmt |
| Cash EOYFMV | $802,094 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $24,273,053 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $18,396,553 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $18,396,553 | SavAndTempCashInvstEOYFMVAmt |
| Rcvbl From Officers BOY | $42,009,969 | RcvblFromOfficersBOYAmt |
| Rcvbl From Officers EOY | $42,009,969 | RcvblFromOfficersEOYAmt |
| Rcvbl From Officers EOYFMV | $42,009,969 | RcvblFromOfficersEOYFMVAmt |
| Prepaid Expenses BOY | $768,886 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $635,157 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $635,157 | PrepaidExpensesEOYFMVAmt |
| Corporate Stock BOY | $175,978,868 | CorporateStockBOYAmt |
| Corporate Stock EOY | $163,809,040 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $163,809,040 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $292,688,426 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $339,103,670 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $339,103,670 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $10,753,021 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $1,348,150 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $9,818,500 | LandBOYAmt |
| Land EOY | $9,404,871 | LandEOYAmt |
| Land EOYFMV | $9,404,871 | LandEOYFMVAmt |
| Other Assets BOY | $20,815,529 | OtherAssetsBOYAmt |
| Other Assets EOY | $30,833,130 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $30,833,130 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $569,405,960 | TotalAssetsBOYAmt |
| Total Assets EOY | $604,994,484 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $604,994,484 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $1,116,351 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $2,093,308 | AccountsPayableEOYAmt |
| Grants Payable BOY | $817,573 | GrantsPayableBOYAmt |
| Other Liabilities BOY | $1,375,800 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $2,094,731 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $3,309,724 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $4,188,039 | TotalLiabilitiesEOYAmt |
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
| Unrestricted BOY | $166,511,954 | UnrestrictedBOYAmt |
| Unrestricted EOY | $186,473,020 | UnrestrictedEOYAmt |
| Temporarily Restricted BOY | $399,584,282 | TemporarilyRestrictedBOYAmt |
| Temporarily Restricted EOY | $414,333,425 | TemporarilyRestrictedEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $566,096,236 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $600,806,445 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $569,405,960 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $604,994,484 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $566,096,236 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $3,503,169 | ExcessRevenueOverExpensesAmt |
| Other Increases | $31,857,816 | OtherIncreasesAmt |
| Subtotal | $601,457,221 | SubtotalAmt |
| Other Decreases | $650,776 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $600,806,445 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (27 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|
| Publicly Traded Securities-Chevy Chase | $1,115,041 | $1,055,395 | $59,646 | $59,646 | |
| Publicly Traded Securities-Chevy Chase | $4,251,272 | $2,743,625 | $1,507,647 | $1,507,647 | |
| Publicly Traded Securities-Vanguard Mutual Funds | $1,544,984 | $1,499,593 | $45,391 | $45,391 | |
| Publicly Traded Securities-Vanguard Mutual Funds | $31,136,644 | $24,840,273 | $6,296,371 | $6,296,371 | |
| Publicly Traded Securities-Fixed Income Funds | $932,322 | $934,218 | -$1,896 | -$1,896 | |
| Publicly Traded Securities-Fixed Income Funds | $13,466,189 | $13,521,903 | -$55,714 | -$55,714 | |
| Publicly Traded Securities-Corporate Preferreds | $6,500,000 | $6,592,500 | -$92,500 | -$92,500 | |
| Emerging Market Assets | $170,089 | $168,375 | $1,714 | $1,714 | P |
| Opportunistic | $276,496 | $272,609 | $3,887 | $3,887 | P |
| GMO Distributions | $195,473 | $195,473 | $195,473 | P | |
| GMO Distributions | $1,104,948 | $1,104,948 | $1,104,948 | P | |
| Kalorama | $337,456 | $337,456 | $337,456 | P | |
| Other LT | $92 | $188 | -$96 | -$96 | P |
| Choice Int'l Common Shares (CHH) | $7,814,052 | $4,650,750 | $3,163,302 | $3,163,302 | D |
| Sailing Stone K-1 | $67,200 | $67,200 | P | ||
| Sailing Stone K-1 | $184,476 | $184,476 | P | ||
| Silver Point K-1 | $4,244 | $4,244 | P | ||
| Silver Point K-1 | $5,494 | $5,494 | P | ||
| Wellington Trust K-1 | $275,244 | $275,244 | P | ||
| Wellington Trust K-1 | $836,557 | $836,557 | P | ||
| Adams Fund K-1 | $365,302 | $365,302 | P | ||
| Adams Fund K-1 | $1,625,002 | $1,625,002 | P | ||
| GT Oppor. Fund Series 2016 K-1 | $2,100 | $2,100 | P | ||
| GT Oppor. Fund Series 2017 K-1 | $30 | $30 | P | ||
| Atalaya K-1 | -$42,747 | -$42,747 | P | ||
| Silver Point K-1- UBI | $7,131 | $7,131 | $0 | $0 | P |
| Silver Point K-1- UBI | $9,232 | $9,232 | $0 | $0 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $15,888,531 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $975,558 | NetShortTermCapitalGainLossAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $20,819,267 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $510,616,116 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.040773 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $20,277,216 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $426,171,893 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.047580 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $17,979,265 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $255,689,731 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.070317 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $19,608,282 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $225,884,753 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.086807 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $15,853,223 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $202,742,739 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.078194 | DistributionYr5Rt |
| Total Distribution | 0.323671 | TotalDistributionRt |
| Average Distribution | 0.064734 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $570,030,559 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $36,900,358 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $244,771 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $37,145,129 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $22,842,574 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $489,541 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $489,541 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $489,541 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $656,238 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $656,238 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $707 | EsPenaltyAmt |
| Overpayment | $165,990 | OverpaymentAmt |
| Applied To ES Tax | $165,990 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | Yes (1) | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | DC | OrgReportOrRegisterStateCd |
| Org Report Or Register State | MD | OrgReportOrRegisterStateCd |
| Org Report Or Register State | VA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | Yes (1) | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | www.bainumfdn.org | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2404500000 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7735 Old Georgetown Road Ste 1000 | AddressLine1Txt |
| City | Bethesda | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 20814 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | Yes (1) | ForeignAccountsQuestionInd |
| Foreign Country | CJ | ForeignCountryCd |
| Foreign Country | CA | ForeignCountryCd |
| Foreign Country | VQ | ForeignCountryCd |
| Foreign Country | BD | ForeignCountryCd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | Yes (1) | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (1) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | Yes (1) | BusinessHoldingsInd |
| Excess Business Holdings | 0 | ExcessBusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | 0 | TransactionsFailToQlfyAsExcInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (11 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 |
|---|---|---|---|---|---|---|---|---|
| Barbara Bainum | ||||||||
| 7735 Old Georgetown Road | Bethesda | MD | 20814 | Chair/CEO/President | 40.00 | $381,146 | $74,255 | $0 |
| Mark R Birmingham | ||||||||
| 7735 Old Georgetown Road | Bethesda | MD | 20814 | CFO/CIO/TREASURER | 40.00 | $420,553 | $96,867 | $0 |
| Rozita La Gorce Green | ||||||||
| 7735 Old Georgetown Road | Bethesda | MD | 20814 | Vice President/CSO | 40.00 | $255,724 | $53,360 | $0 |
| Alexander Froom | ||||||||
| 7735 Old Georgetown Road | Bethesda | MD | 20814 | Director | 2.00 | $0 | $0 | $0 |
| Charles A Ledsinger | ||||||||
| 7735 Old Georgetown Road | Bethesda | MD | 20814 | Director | 2.00 | $0 | $0 | $0 |
| Joan Lombardi | ||||||||
| 7735 Old Georgetown Road | Bethesda | MD | 20814 | Director | 1.00 | $0 | $0 | $0 |
| Scott Renschler | ||||||||
| 7735 Old Georgetown Road | Bethesda | MD | 20814 | Director | 1.00 | $0 | $0 | $0 |
| Kenny Emson | ||||||||
| 7735 Old Georgetown Road | Bethesda | MD | 20814 | Director | 2.00 | $0 | $0 | $0 |
| Tammy Mann | ||||||||
| 7735 Old Georgetown Road | Bethesda | MD | 20814 | Director | 1.00 | $0 | $0 | $0 |
| Maura Marino | ||||||||
| 7735 Old Georgetown Road | Bethesda | MD | 20814 | Director | 1.00 | $0 | $0 | $0 |
| Roberto Rodriguez | ||||||||
| 7735 Old Georgetown Road | Bethesda | MD | 20814 | Director | 1.00 | $0 | $0 | $0 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee BenefitsEmployeeBenefitsAmt | Expense AccountExpenseAccountAmt |
|---|---|---|---|---|---|---|---|---|
| David Daniels | ||||||||
| 7735 Old Georgetown Road | Bethesda | MD | 20814 | VP of Oper.& Org.Eff | 40.00 | $201,468 | $34,392 | $0 |
| Angela Deeds | ||||||||
| 7735 Old Georgetown Road | Bethesda | MD | 20814 | Sr. Dir. of Finance | 40.00 | $195,790 | $26,097 | $0 |
| Noel Bravo | ||||||||
| 7735 Old Georgetown Road | Bethesda | MD | 20814 | Sr. Dir. of Program | 40.00 | $166,100 | $30,776 | $0 |
| Ann Egan | ||||||||
| 7735 Old Georgetown Road | Bethesda | MD | 20814 | Sr. Dir. of Communic | 40.00 | $157,165 | $27,228 | $0 |
| Leila Otis | ||||||||
| 7735 Old Georgetown Road | Bethesda | MD | 20814 | Sr. Dir. of Program | 40.00 | $158,936 | $17,712 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Employee Paid Over50k | 51 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| United Planning Organization | |||||
| 301 Rhode Island Avenue NW | Washington | DC | 20001 | Professional fees | $455,949 |
| National Children's Center Inc | |||||
| 8757 Georgia Avenue Suite 700 | Silver Spring | MD | 20910 | Professional fees | $363,258 |
| New Schools Venture Fund | |||||
| 1970 Broadway Suite 350 | Oakland | CA | 94612 | Professional fees | $300,000 |
| Reinvestment Fund | |||||
| 1700 Market Street Suite 1900 | Philadelphia | PA | 19103 | Professional fees | $250,262 |
| Community of Hope Inc | |||||
| 4 Atlantic Street NW | Washington | DC | 20032 | Professional fees | $240,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 31 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | In the D.C. Wards 7 and 8 Initiative, the Foundation provides technical assistance to build the capacity of early childhood service providers, parents and other stakeholders in the fields of practice, policy and research. This work is focused on enhancing developmental opportunities for infants, toddlers and their families in the District of Columbia's Wards 7 and 8. For school-aged children, this initiative provides technical assistance to enhance wrap-around services (e.g., mental health resources and school infrastructure) in Wards 7 and 8. Finally, this initiative builds the body of knowledge in the child development field in order to increase the use of evidence-based practices and data by parents, service providers and other stakeholders who support children. | Description1Txt |
| Expenses1 | $15,581,134 | Expenses1Amt |
| Description2 | Through direct operations and partnerships, the Food Security Initiative works to improve healthy food access for low-income families in the District and strengthen the local food system. The Food Security Initiative, which includes operations at a 263-acre farm in Middleburg, Virginia, and investments in the District, aims to achieve impact in four key areas: sustainable agriculture, nutrition education, food-related workforce development and local food distribution pathways. | Description2Txt |
| Expenses2 | $1,551,565 | Expenses2Amt |
| Description3 | The Seventh-day Adventist Initiative involves partnerships with faith-based schools and organizations in the areas of early learning, wrap-around support, knowledge building and infrastructure to expand the availability of high-quality faith-based learning environments for infants, toddlers, and children. The SDA Initiative helps schools with organizational effectiveness, educator capacity building, wrap-around supports such as tuition assistance and building and renovation projects. | Description3Txt |
| Expenses3 | $4,551,775 | Expenses3Amt |
| Description4 | The Family Philanthropy Initiative oversees grants to not-for-profit organizations through its Family Fund, the Global Education Fund, generational giving and a staff matching gifts program. | Description4Txt |
| Expenses4 | $1,824,228 | Expenses4Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | Purchase a facility for conversion to an early learning center in Silver Spring, Maryland. | Description1Txt |
| Expenses1 | $5,000,000 | Expenses1Amt |
| Description2 | 4P Foods: Expand food distribution services to Wards 7 and 8 and improve local food distribution system capacity in DC region. | Description2Txt |
| Expenses2 | $500,000 | Expenses2Amt |
| Total | $5,500,000 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $310,178,293 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $7,745,153 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $260,787,781 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $578,711,227 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $10,692,058 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $578,711,227 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $8,680,668 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $570,030,559 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $28,501,528 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sect4942j3j5 Fndtn And Frgn Org | Yes (X) | Sect4942j3j5FndtnAndFrgnOrgInd |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $17,264,471 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $5,500,000 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $78,103 | CharitableAssetsAcquisPaidAmt |
| Qualifying Distributions | $22,842,574 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $22,842,574 | AdjustedQualifyingDistriAmt |
Private Operating Foundations PrivateOperatingFoundationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Section4942j3 | Yes (X) | Section4942j3Ind |
Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $9,564,082 | CurrentYearAmt |
| Year1 | $9,816,847 | Year1Amt |
| Year2 | $10,330,454 | Year2Amt |
| Year3 | $5,366,198 | Year3Amt |
| Total | $35,077,581 | TotalAmt |
Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $8,129,470 | CurrentYearAmt |
| Year1 | $8,344,320 | Year1Amt |
| Year2 | $8,780,886 | Year2Amt |
| Year3 | $4,561,268 | Year3Amt |
| Total | $29,815,944 | TotalAmt |
Qualifying Distributions QualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $22,842,574 | CurrentYearAmt |
| Year1 | $20,819,267 | Year1Amt |
| Year2 | $20,277,216 | Year2Amt |
| Year3 | $17,979,265 | Year3Amt |
| Total | $81,918,322 | TotalAmt |
Qualifying Distri Not Used Drt QualifyingDistriNotUsedDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $1,923,218 | CurrentYearAmt |
| Year1 | $1,971,639 | Year1Amt |
| Year2 | $1,074,123 | Year2Amt |
| Year3 | $3,471,478 | Year3Amt |
| Total | $8,440,458 | TotalAmt |
Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $20,919,356 | CurrentYearAmt |
| Year1 | $18,847,628 | Year1Amt |
| Year2 | $19,203,093 | Year2Amt |
| Year3 | $14,507,787 | Year3Amt |
| Total | $73,477,864 | TotalAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total Assets Sect4942j3 Bi TotalAssetsSect4942j3BiGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $19,001,019 | CurrentYearAmt |
| Year1 | $17,020,537 | Year1Amt |
| Year2 | $14,205,730 | Year2Amt |
| Year3 | $8,522,991 | Year3Amt |
| Total | $58,750,277 | TotalAmt |
Total Support TotalSupportGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Public Support Type PublicSupportType
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Largest Support From EO LargestSupportFromEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Gross Investment Income GrossInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (66 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|
| Allegheny East Conference | ||||||||
| 767 Douglass Dr | Boyertown | PA | 19512 | None | PC | Baltimore Junior Academy Renovation | $71,815 | |
| American Civil Liberties Union Foundation Inc | ||||||||
| 125 Broad Street | New York | NY | 20004 | None | PC | General Operating/Mission | $50 | |
| American Foundation for Suicide Prevention | ||||||||
| 120 Wall Street 29th Floor | New York | NY | 10005 | None | PC | General Support Judi Stevenson-Garcia Fundraiser | $25 | |
| Beltsville Adventist School | ||||||||
| 4230 Ammendale Road | Beltsville | MD | 20705 | None | PC | Construction Project | $37,677 | |
| Capital Area Food Bank | ||||||||
| 4900 Puerto Rico Avenue NE | Washington | DC | 20017 | None | PC | General Operating/Mission | $100 | |
| Capital Area Food Bank | ||||||||
| 4900 Puerto Rico Avenue NE | Washington | DC | 20017 | None | PC | General Operating/Mission | $75 | |
| Center on Budget and Policy Priorities | ||||||||
| 820 1st Street NE Suite 510 | Washington | DC | 20002 | None | PC | General Operating/Mission | $103 | |
| Community Animal Rescue Effort | ||||||||
| PO Box 1964 | Evanston | IL | 60204 | None | PC | Diane Moe's First Giving page | $25 | |
| Community Resources for Children | ||||||||
| 3299 Claremonth Way Suite 1 | Napa | CA | 94558 | None | PC | Quality Early Learning Starting Points | $28,000 | |
| Compass Family Service | ||||||||
| 49 Powell Street 3rd Floor | San Francisco | CA | 94102 | None | PC | Compass Clinical Services | $55,000 | |
| Cool Effect | ||||||||
| 919 Sir Francis Drake Boulevard | Kentfield | CA | 94904 | None | PC | Native American Methane Capture | $26 | Suite 201 |
| DonorschooseOrg | ||||||||
| 134 W 37th Street 11th Floor | New York | NY | 10018 | None | PC | General Operating/Mission | $100 | |
| Dumbarton Concerts Inc | ||||||||
| 3133 Dumbarton Street NW | Washington | DC | 20007 | None | PC | Inner City - Inner Child | $35,000 | |
| El Nido Family Centers | ||||||||
| 440 Shatto Place Suite 417 | Los Angeles | CA | 90020 | None | PC | General Operating/Mission | $52,000 | |
| Ellicott City Partnership | ||||||||
| PO Box 92 | Ellicott City | MD | 21041 | None | PC | Flood Relief | $100 | |
| Ellicott City Partnership | ||||||||
| PO Box 92 | Ellicott City | MD | 21041 | None | PC | Flood Relief | $200 | |
| Firelight Foundation | ||||||||
| 740 Front Street Suite 380 | Santa Cruz | CA | 95060 | None | PC | Cultivating Early Childhood Development in Malawi | $105,000 | |
| Florida Keys Healthy Start Coalition | ||||||||
| PO Box 6166 | Key West | FL | 33041 | None | PC | General Operating/Mission | $80,000 | |
| Free Minds Book Club | ||||||||
| 2201 P Street NW | Washington | DC | 20037 | None | PC | General Operating/Mission | $26 | |
| Georgia-Cumberland Academy | ||||||||
| 397 Academy Drive SW | Calhoun | GA | 30701 | None | PC | Support Construction Projects | $705,336 | |
| Global Fund for Children | ||||||||
| 1101 14th Street NW Suite 420 | Washington | DC | 20005 | None | PC | Early Childhood Development | $300,000 | |
| Grassroot Soccer Inc | ||||||||
| PO Box 712 | Norwich | VT | 05055 | None | PC | General Operating/Mission | $110 | |
| Homeless Prenatal Program Inc | ||||||||
| 2500 18th Street | San Francisco | CA | 94110 | None | PC | General Operating/Mission | $50,000 | |
| House of Ruth | ||||||||
| 5 Thomas Circle NW | Washington | DC | 20005 | None | PC | General Operating/Mission | $75 | |
| House of Ruth Maryland Inc | ||||||||
| 2201 Argonne Drive | Baltimore | MD | 21218 | None | PC | Domestic Violence Awareness Month | $100 | |
| International Rescue Committee Inc | ||||||||
| 122 East 42nd Street 12th Floor | New York | NY | 10168 | None | PC | Pre-school Healing Classroom | $100,000 | |
| International Rescue Committee Inc | ||||||||
| 122 East 42nd Street 12th Floor | New York | NY | 10168 | None | PC | General Operating/Mission | $50 | |
| Iowa State University Foundation | ||||||||
| 2505 University Boulevard | Ames | IA | 50010 | None | PC | General Operating/Mission | $100 | |
| Lighthouse Central Florida | ||||||||
| 215 E New Hampshire Street | Orlando | FL | 32804 | None | PC | Early Intervention | $50,000 | |
| Maret School | ||||||||
| 3000 Cathedral Avenue NW | Washington | DC | 20008 | None | PC | General Operating/Mission | $75 | |
| Martha's Table | ||||||||
| 2114 14th Street NW | Washington | DC | 20009 | None | PC | General Operating/Mission | $75 | |
| Masonic Foundation of DC | ||||||||
| 5248 MacArthur Boulevard NW | Washington | DC | 20016 | None | PC | Disaster Relief for Guatemala | $20 | |
| Metropolitan Organization to Counter Sexual Assault | ||||||||
| 3100 Broadway Suite 400 | Kansas City | MO | 64111 | None | PC | General Operating/Mission | $100 | |
| National Resources Defense Council Inc | ||||||||
| 40 W 20th Street | New York | NY | 10011 | None | PC | General Operating/Mission | $55 | |
| Nature Conservancy Inc | ||||||||
| 4245 N Fairfax Drive Suite 100 | Arlington | VA | 22203 | None | PC | Carbon Offset | $15 | |
| OneAmerica | ||||||||
| 1225 S Weller Street Suite 430 | Seattle | WA | 98144 | None | PC | Expanding Bilingualism and Dual Language in Early Learning | $20,000 | |
| Open Arms Perinatal Services | ||||||||
| 2524 16th Avenue South Suite 207A | Seattle | WA | 98144 | None | PC | General Operating/Mission | $30,000 | |
| Operation Breakthrough Inc | ||||||||
| 3039 Troost Avenue | Kansas City | MO | 64109 | None | PC | General Operating/Mission | $100 | |
| Orphan Foundation of America | ||||||||
| 21351 Gentry Drive Suite 130 | Sterling | VA | 20166 | None | PC | General Operating/Mission | $100 | |
| Para Los Ninos | ||||||||
| 5000 Hollywood Boulevard | Los Angeles | CA | 90027 | None | PC | Early Education Teacher/Coach Mentoring Program | $25,000 | |
| Plan International USA | ||||||||
| 155 Plan Way | Warwick | RI | 02886 | None | PC | General Operating/Mission | $75 | |
| Planned Parenthood Federation of America | ||||||||
| 434 West 33rd Street | New York | NY | 10001 | None | PC | General Operating/Mission | $75 | |
| Planned Parenthood of Metropolitan Washington DC | ||||||||
| PO Box 34128 | Washington | DC | 20043 | None | PC | General Operating/Mission | $100 | |
| ProPublica Inc | ||||||||
| 155 Avenue of the Americas 13th Fl | New York | NY | 10013 | None | PC | General Operating/Mission | $40 | |
| Providence Student Union | ||||||||
| 74 Westminster Street | Providence | RI | 02903 | None | PC | General Operating/Mission | $120 | |
| Rainbow Place Shelter for Homeless Women Inc | ||||||||
| 215 W Montgomery Avenue | Rockville | MD | 20850 | None | PC | General Operating/Mission | $100 | |
| Rape Abuse and Incest National Network | ||||||||
| 1220 L Street NW Suite 505 | Washington | DC | 20005 | None | PC | General Operating/Mission | $50 | |
| Rockville Music Theatre | ||||||||
| PO Box 1248 | Rockville | MD | 20849 | None | PC | General Operating/Mission | $25 | |
| Sandy Spring Museum Inc | ||||||||
| 17901 Bentley Road | Sandy Spring | MD | 20860 | None | PC | General Operating/Mission | $30 | |
| Save the Children Federation Inc | ||||||||
| 501 Kings Highway East Suite 400 | Fairfield | CT | 06825 | None | PC | Early Learning Toolkits in Uganda | $100,000 | |
| Scottish Rite Foundation | ||||||||
| 2800 16th Street NW | Washington | DC | 20009 | None | PC | Scottish Rite Almoner's Fund | $30 | |
| Scottish Rite Foundation | ||||||||
| 2800 16th Street NW | Washington | DC | 20009 | None | PC | Scottish Rite Almoner's Fund | $20 | |
| Soka Gakkai International | ||||||||
| 606 Wilshire Boulevard | Santa Monica | CA | 90401 | None | PC | Myoho-Renge-Kyo (Lotus Sutra) Research | $100 | |
| Some Inc | ||||||||
| 71 O Street NW | Washington | DC | 20001 | None | PC | General Operating/Mission | $75 | |
| Southern Adventist University | ||||||||
| PO Box 370 | Collegedale | TN | 37315 | None | PC | Student Missions | $200 | |
| Southern Poverty Law Center Inc | ||||||||
| 400 Washington Avenue | Montgomery | AL | 36104 | None | PC | General Operating/Mission | $50 | |
| St Helena Preschool For All Inc | ||||||||
| 465 Mail Street | St Helena | CA | 94574 | None | PC | Scholarship Fund | $25,000 | |
| The Leukemia and Lymphoma Society Inc | ||||||||
| 3 International Drive Suite 200 | Rye Brook | NY | 10573 | None | PC | General Operating/Mission | $25 | |
| Trustees of Mount Holyoke College | ||||||||
| 50 College Street | South Hadley | MA | 01075 | None | PC | Student Aid/Scholarships | $100 | |
| United Way of Greater Houston | ||||||||
| PO Box 3247 | Houston | TX | 77253 | None | PC | United Way Relief Fund | $30 | |
| United Way of Greater Houston | ||||||||
| PO Box 3247 | Houston | TX | 77253 | None | PC | United Way Relief Fund | $75 | |
| University of Maryland College Park Foundation | ||||||||
| 1308E Benjamin Building | College Park | MD | 20742 | None | PC | Trauma Sensitive Pedagogy for Young Children | $50,000 | |
| WETA Public Television and Radio | ||||||||
| 3939 Campbell Avenue | Arlington | VA | 22206 | None | PC | General Operating/Mission | $60 | |
| Whitman-Walker Clinic Inc | ||||||||
| 1701 14 Street NW | Washington | DC | 20009 | None | PC | General Operating/Mission | $100 | |
| Yale University | ||||||||
| PO Box 803 | New Haven | CT | 06503 | None | PC | General Operating/Mission | $75 | |
| Youth Service Opportunities Project Inc | ||||||||
| 15 Rutherford Place | New York | NY | 10003 | None | PC | General Operating/Mission | $30 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,923,218 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,528,912 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 900000 | BusinessCd |
| Unrelated Business Taxbl Incm | $51,628 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 14 | ExclusionCd |
| Exclusion | $7,727,342 | ExclusionAmt |
Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 16 | ExclusionCd |
| Exclusion | $1,528,594 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 900000 | BusinessCd |
| Unrelated Business Taxbl Incm | $108,532 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 14 | ExclusionCd |
| Exclusion | $496,439 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 900000 | BusinessCd |
| Unrelated Business Taxbl Incm | $16,363 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 18 | ExclusionCd |
| Exclusion | $15,362,533 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $176,523 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $26,643,820 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $26,820,343 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (2 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd |
|---|---|---|---|---|---|---|
| Roberta Bainum | ||||||
| 1 | 7735 Old Georgetown Road Suite 1000 | Bethesda | MD | 20814 | $1,000,000 | Yes (X) |
| Jane Bainum | ||||||
| 2 | 7735 Old Georgetown Road Suite 1000 | Bethesda | MD | 20814 | $3,300,000 | Yes (X) |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Accounting | CategoryTxt |
| Amt | $111,186 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $108,382 | DisbursementsCharitablePrpsAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (40 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| Choice Hotels International, Inc. | $111,345,782 | $111,345,782 |
| GMO Qual FD III | $22,379,806 | $22,379,806 |
| MFO Vanguard Instl Total Index | $12,167,422 | $12,167,422 |
| Bac Cap TR XIII | $1,762,500 | $1,762,500 |
| Dominion Res Inc VA | $483,750 | $483,750 |
| Enbridge Energy Partners LP | $998,750 | $998,750 |
| Goldman Sachs Cap II | $1,681,200 | $1,681,200 |
| JPMorgan Chase & Fltg | $2,015,000 | $2,015,000 |
| Wells Fargo & Co | $2,026,250 | $2,026,250 |
| XL Group PLC | $1,965,000 | $1,965,000 |
| Alphabet Inc. | $503,158 | $503,158 |
| Amer Elec PWR Co | $304,007 | $304,007 |
| Apple Inc. | $296,546 | $296,546 |
| Amazon | $146,183 | $146,183 |
| Citigroup Inc Com | $246,935 | $246,935 |
| CME Group | $267,681 | $267,681 |
| Cognex Corp | $191,645 | $191,645 |
| CVS Health Corp | $204,826 | $204,826 |
| Delta Air Lines Inc. | $194,246 | $194,246 |
| Editas Medicine Inc. | $65,139 | $65,139 |
| EOG Resources Inc. | $205,807 | $205,807 |
| Estee Lauder | $352,302 | $352,302 |
| FLIR System Inc. | $338,948 | $338,948 |
| Goldman Sachs Group | $299,534 | $299,534 |
| Grubhub Inc. | $152,224 | $152,224 |
| Illumina Inc. | $421,169 | $421,169 |
| Impinj Inc. | $294,306 | $294,306 |
| Intellia Therapeutics Inc. | $74,638 | $74,638 |
| Intuitive Surgical Inc. | $182,301 | $182,301 |
| Nike Inc. | $352,584 | $352,584 |
| Nvidia Corp | $111,343 | $111,343 |
| Range Res Corp | $167,969 | $167,969 |
| Foundation Medicine Inc | $265,335 | $265,335 |
| Regeneron Pharmaceuticals Inc. | $164,560 | $164,560 |
| Square Inc. | $110,890 | $110,890 |
| Splunk Inc. | $119,923 | $119,923 |
| Terreno Realty Corp | $262,748 | $262,748 |
| Tiffany & Co | $114,492 | $114,492 |
| Verizon Communications | $332,650 | $332,650 |
| Walt Disney Co | $239,491 | $239,491 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (29 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| Rock Creek Bainum Family Fnd. Hedge Fund | FMV | $100,144,277 | $100,144,277 |
| Turner-Agassi Charter School Facilities Fund II LP RE | FMV | $1,173,026 | $1,173,026 |
| IPI Data Center Partners Fund I, LP | FMV | $1,821,764 | $1,821,764 |
| Rose Affordable Housing Preservation Fund IV, LP | FMV | $3,653,134 | $3,653,134 |
| Fairmont Building LLC Real Estate | FMV | $44,886,993 | $44,886,993 |
| MFO Doubleline total Return Bond | FMV | $8,156,399 | $8,156,399 |
| MFO Eaton Vance Mutual Fds | FMV | $9,213,903 | $9,213,903 |
| Financial Opportunistic Fund Ltd. | FMV | $42,067,000 | $42,067,000 |
| Atalaya Asset Income Fund III LP | FMV | $2,682,890 | $2,682,890 |
| Avenue Aviation Opportunities Fund II | FMV | $2,497,802 | $2,497,802 |
| Silver Point Specialty CreditFund LP | FMV | $3,604,837 | $3,604,837 |
| TCI Real Estate Partners Fund II | FMV | $3,929,999 | $3,929,999 |
| Venture Capital and Partnership Private Equities | FMV | $18,275,099 | $18,275,099 |
| MFO Vanguard Developed Markets-International Equities | FMV | $21,940,304 | $21,940,304 |
| Adams Fund Series LLC | FMV | $29,836,235 | $29,836,235 |
| Wellington Emerging Markets | FMV | $16,606,613 | $16,606,613 |
| Kalorama | FMV | $6,523,986 | $6,523,986 |
| Generation IM Global Equity Fund, LLC | FMV | $12,415,524 | $12,415,524 |
| MFC Emerging Mkts Index | FMV | $7,653,334 | $7,653,334 |
| Bpost Sa/NV NPV | FMV | $54,547 | $54,547 |
| Daifuku Co | FMV | $211,619 | $211,619 |
| Fanuc Corp | FMV | $229,457 | $229,457 |
| Hiroshima Bank NPV | FMV | $197,291 | $197,291 |
| ADR LVMH Moet Hennessy | FMV | $247,763 | $247,763 |
| Sumitomo Mitsui Financial Group | FMV | $156,018 | $156,018 |
| ADR Ing Groep NV | FMV | $206,179 | $206,179 |
| ADR Unilever NV | FMV | $249,068 | $249,068 |
| ADR Novartis AG | FMV | $224,505 | $224,505 |
| ADR Royal Dutch Shell PLC | FMV | $244,104 | $244,104 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (8 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|---|
| Computer hardware | $307,928 | $292,175 | $15,753 | $15,753 |
| Furniture and equipment | $427,996 | $227,295 | $200,701 | $200,701 |
| Telephone system | $41,973 | $32,765 | $9,208 | $9,208 |
| Computer software | $579,873 | $577,717 | $2,156 | $2,156 |
| LHI/Office Expansion | $841,891 | $71,908 | $769,983 | $769,983 |
| Land- Naples, Florida | $874,057 | $0 | $874,057 | $874,057 |
| Fairmont Building, LLC | $3,135,847 | $0 | $3,135,847 | $3,135,847 |
| Bainum Foundation Farm, LLC | $4,543,456 | $146,290 | $4,397,166 | $4,397,166 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Legal Fees | CategoryTxt |
| Legal Fees | $184,962 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $169,606 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (5 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| Accrued interest/dividend receivable | $542,766 | $464,464 | $464,464 |
| Bequest receivable | $3,207,170 | $2,556,394 | $2,556,394 |
| Federal excise tax receivable | $257,885 | $180,045 | $180,045 |
| Investment related receivables and pending purchases | $10,561,203 | $22,232,227 | $22,232,227 |
| Program related investments | $6,246,505 | $5,400,000 | $5,400,000 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Change in FMV of pledge donated assets | Desc |
| Amt | $650,776 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (13 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| Bank fees | $14,205 | $12,213 | $12,213 | $1,992 |
| Licensing and subscription | $263,724 | $6,946 | $6,946 | $299,400 |
| Insurance | $97,381 | $0 | $0 | $96,171 |
| Office related expenses | $21,076 | $72 | $72 | $19,820 |
| Student expenses | $79,290 | $0 | $0 | $29,195 |
| School Enhancement Contracts | $42,926 | $0 | $0 | $42,926 |
| Farming expenses | $153,621 | $0 | $0 | $149,405 |
| Equipment and maintenance | $49,801 | $0 | $0 | $49,691 |
| Scholarships | $946,454 | $0 | $0 | $942,506 |
| PRI loan discount and loss reserve | $6,346,505 | $0 | $0 | $0 |
| Allocation fees | $0 | $201,071 | $201,071 | -$201,071 |
| Telephone | $15,124 | $0 | $0 | $15,063 |
| Recruiting | $6,146 | $0 | $0 | $6,193 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| Partnership K-1 Investments | $496,439 | $496,439 | $496,439 |
| Partnership K-1 Investments UBI | $108,532 | $0 | $0 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Unrealized gain on investments | Desc |
| Amt | $31,857,816 | Amt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Deferred federal excise tax payable | Desc |
| BOY Book Value | $1,375,800 | BOYBookValueAmt |
| EOY Book Value | $2,094,731 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (5 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| Consulting | $2,541,289 | $12,949 | $12,949 | $2,488,304 |
| Investment fees K-1 | $1,386,658 | $1,386,658 | $1,386,658 | $0 |
| Investment fees | $590,423 | $590,423 | $590,423 | $0 |
| Partner Agreements | $5,045,098 | $0 | $0 | $4,141,916 |
| Investment Fees K-1 UBI | $4,901 | $0 | $0 | $0 |
Other Receivables Officers Sch OtherReceivablesOfficersSch
Officer Other Rcvbl OfficerOtherRcvblGrp (6 entries)
| Loan OriginalLoanOriginalAmt | Balance DueBalanceDueAmt | NoteNoteDt | Loan MaturityLoanMaturityDt | Repayment TermsRepaymentTermsTxt | InterestInterestRt | Security Provided BorrowerSecurityProvidedBorrowerTxt | Loan PurposeLoanPurposeTxt | Lender ConsiderationLenderConsiderationDesc | Consideration FMVConsiderationFMVAmt |
|---|---|---|---|---|---|---|---|---|---|
| Stewart W Bainum Jr | |||||||||
| $17,267,698 | $17,655,924 | 2014-09 | 2023-09 | Annual interest payments, balloon payment at maturity | 2.860000000000 | Personal guarantee | Purchase of estate assets under exception provisions in 53.4941(d)-3 | Estate assets | $17,655,924 |
| Scott A Renschler | |||||||||
| $1,165,050 | $1,191,243 | 2014-09 | 2023-09 | Annual interest payments, balloon payment at maturity | 2.860000000000 | Personal guarantee | Purchase of estate assets under exception provisions in 53.4941(d)-3 | Estate assets | $1,191,243 |
| Bruce D Bainum | |||||||||
| $17,449,670 | $17,680,273 | 2015-01 | 2024-01 | Annual interest payments, balloon payment at maturity | 2.750000000000 | Personal guarantee | Purchase of estate assets under exception provisions in 53.4941(d)-3 | Estate assets | $17,680,273 |
| Todd Renschler | |||||||||
| $540,900 | $548,007 | 2015-01 | 2024-01 | Annual interest payments, balloon payment at maturity | 2.750000000000 | Personal guarantee | Purchase of estate assets under exception provisions in 53.4941(d)-3 | Estate assets | $548,007 |
| Brian B Bainum | |||||||||
| $513,855 | $520,606 | 2015-01 | 2024-01 | Annual interest payments, balloon payment at maturity | 2.750000000000 | Personal guarantee | Purchase of estate assets under exception provisions in 53.4941(d)-3 | Estate assets | $520,606 |
| Dinwiddie Farms LLC | |||||||||
| $4,356,674 | $4,413,916 | 2015-01 | 2024-01 | Annual interest payments, balloon payment at maturity | 2.750000000000 | Corporate obligation | Purchase of estate assets under exception provisions in 53.4941(d)-3 | Estate assets | $4,413,916 |
Reduction Explanation Statement ReductionExplanationStatement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Short Explanation | Choice Hotels International Stock(CHH): The Principal sponsors, their descendants, including the CEO and several directors of the Foundation, own an aggregate of 36.93% of the common stock of CHH which is publicly traded in the United States of America. Although voting and dispositive power for the Foundation's CHH shares rests with a committee independent of the family and other affiliates of CHH, as a prudent matter, the Foundation has continued to comply with rule 144 requirements. As of June 30, 2018, the Foundation owned 1,597,472 Shares of CHH stock which represents 2.8% of the total CHH Shares issued and outstanding. The stock is valued at the June 30, 2018 NY stock exchange closing price discounted at 7.9%. The discount is based on an independent appraisal, from June 30, 2018, which was performed in compliance with the uniform standards of professional appraisal practices. | ShortExplanationTxt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| Federal excise tax | $578,727 | $0 | $0 | $500,887 |
| Foreign taxes K-1 | $60,734 | $60,734 | $60,734 | $0 |
| Deferred excise taxes | $718,931 | $0 | $0 | $0 |
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