BETA

THE COURAGEOUS FOUNDATION: Form 990PF, tax year 2016

View the entire original 990 at ProPublica ↗

Organization
THE COURAGEOUS FOUNDATION (EIN 03-0420728)
Tax period
2016-11-01 to 2017-10-31
Filed
2018-06-07
IRS object ID
201801589349100115
Schema version
2016v3.0
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)
Return2018-06-07T13:32:03-05:00ReturnTs
Tax Period End2017-10-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN263753134PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CBIZ MHM LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line156 Exchange TerraceAddressLine1Txt
CityProvidenceCityNm
State AbbreviationRIStateAbbreviationCd
ZIP02903ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2016-11-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN030420728EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE COURAGEOUS FOUNDATIONBusinessNameLine1Txt
Business Name Line2C/O RALPH ISHAMBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlCOURBusinessNameControlTxt
Phone2127131888PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1410 PARK AVENUE No 1710AddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10022ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonRALPH ISHAMPersonNm
Person TitleOFFICERPersonTitleTxt
Phone2127131888PhoneNum
Signature2018-05-25SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonDrew ColmanPreparerPersonNm
PTINP00546666PTIN
Phone4016263200PhoneNum
Preparation2018-05-25PreparationDt
FieldValueIRS element (for citing)
Tax2016TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$139,746FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$360,690ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$2InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$2InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$2InterestOnSavingsAdjNetIncmAmt
Cap Gain Net Incm Net Invst Incm$0CapGainNetIncmNetInvstIncmAmt
Net ST Capital Gain Adj Net Incm$0NetSTCapitalGainAdjNetIncmAmt
Total Rev And Expnss$360,692TotalRevAndExpnssAmt
Total Net Invst Incm$2TotalNetInvstIncmAmt
Total Adj Net Incm$2TotalAdjNetIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$0CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm$0CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Adj Net Incm$0CompOfcrDirTrstAdjNetIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl$0CompOfcrDirTrstDsbrsChrtblAmt
Oth Empl Slrs Wgs Rev And Expnss$64,000OthEmplSlrsWgsRevAndExpnssAmt
Oth Empl Slrs Wgs Net Invst Incm$0OthEmplSlrsWgsNetInvstIncmAmt
Oth Empl Slrs Wgs Adj Net Incm$0OthEmplSlrsWgsAdjNetIncmAmt
Oth Empl Slrs Wgs Dsbrs Chrtbl$64,000OthEmplSlrsWgsDsbrsChrtblAmt
Legal Fees Rev And Expnss$4,568LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm$0LegalFeesNetInvstIncmAmt
Legal Fees Adj Net Incm$0LegalFeesAdjNetIncmAmt
Legal Fees Dsbrs Chrtbl$4,568LegalFeesDsbrsChrtblAmt
Accounting Fees Rev And Expnss$12,405AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$0AccountingFeesNetInvstIncmAmt
Accounting Fees Adj Net Incm$0AccountingFeesAdjNetIncmAmt
Accounting Fees Chrtbl Prps$12,405AccountingFeesChrtblPrpsAmt
Deprec And Dpltn Rev And Expnss$65,325DeprecAndDpltnRevAndExpnssAmt
Deprec And Dpltn Net Invst Incm$0DeprecAndDpltnNetInvstIncmAmt
Deprec And Dpltn Adj Net Incm$65,325DeprecAndDpltnAdjNetIncmAmt
Other Expenses Rev And Expnss$222,806OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$0OtherExpensesNetInvstIncmAmt
Other Expenses Adj Net Incm$0OtherExpensesAdjNetIncmAmt
Other Expenses Dsbrs Chrtbl$222,806OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$369,104TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm$65,325TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$303,779TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$0ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$0ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$369,104TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm$65,325TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl$303,779TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$8,412ExcessRevenueOverExpensesAmt
Net Investment Income$2NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY-$16,494CashBOYAmt
Cash EOY-$1,076CashEOYAmt
Cash EOYFMV-$1,076CashEOYFMVAmt
Land Bldg Equip Cost Or Other Bss$1,877,736LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$1,736,914LandBldgEquipAccumDeprecAmt
Land BOY$164,652LandBOYAmt
Land EOY$140,822LandEOYAmt
Land EOYFMV$140,822LandEOYFMVAmt
Total Assets BOY$148,158TotalAssetsBOYAmt
Total Assets EOY$139,746TotalAssetsEOYAmt
Total Assets EOYFMV$139,746TotalAssetsEOYFMVAmt
Mortgages And Notes Payable BOY$30,000MortgagesAndNotesPayableBOYAmt
Mortgages And Notes Payable EOY$30,000MortgagesAndNotesPayableEOYAmt
Total Liabilities BOY$30,000TotalLiabilitiesBOYAmt
Total Liabilities EOY$30,000TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Capital Stock BOY$0CapitalStockBOYAmt
Capital Stock EOY$0CapitalStockEOYAmt
Additional Paid In Capital BOY$0AdditionalPaidInCapitalBOYAmt
Additional Paid In Capital EOY$0AdditionalPaidInCapitalEOYAmt
Retained Earning BOY$118,158RetainedEarningBOYAmt
Retained Earning EOY$109,746RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$118,158TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$109,746TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$148,158TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$139,746TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$118,158TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$8,412ExcessRevenueOverExpensesAmt
Other Increases$0OtherIncreasesAmt
Subtotal$109,746SubtotalAmt
Other Decreases$0OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$109,746TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 Tax0LiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$329,646AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$16,397NetVlNoncharitableAssetsYr1Amt
Distribution Yr120.104043DistributionYr1Rt
Adjusted Qlfy Distri Yr2$319,786AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$20,056NetVlNoncharitableAssetsYr2Amt
Distribution Yr215.944655DistributionYr2Rt
Adjusted Qlfy Distri Yr3$295,233AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$18,651NetVlNoncharitableAssetsYr3Amt
Distribution Yr315.829339DistributionYr3Rt
Adjusted Qlfy Distri Yr4$351,531AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$23,262NetVlNoncharitableAssetsYr4Amt
Distribution Yr415.111813DistributionYr4Rt
Adjusted Qlfy Distri Yr5$322,576AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$43,313NetVlNoncharitableAssetsYr5Amt
Distribution Yr57.447556DistributionYr5Rt
Total Distribution74.437406TotalDistributionRt
Average Distribution14.887481AverageDistributionRt
Net Vl Noncharitable Assets$25,191NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$375,031AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$0NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$375,031AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$303,779QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

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

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political Acty0LegislativePoliticalActyInd
More Than100 Spent0MoreThan100SpentInd
Form1120 POL Filed0Form1120POLFiledInd
Section4955 Organization Tax$0Section4955OrganizationTaxAmt
Section4955 Managers Tax$0Section4955ManagersTaxAmt
Tax Reimbursed$0TaxReimbursedAmt
Activities Not Previously Rpt0ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws0ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc0OrganizationDissolvedEtcInd
Section508e Rqr Satisfied0Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (1)AtLeast5000InAssetsInd
Org Report Or Register StateNYOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (1)Form990PFFiledWithAttyGenInd
Private Operating FoundationYes (1)PrivateOperatingFoundationInd
New Substantial ContributorsYes (1)NewSubstantialContributorsInd
Own Controlled Entity0OwnControlledEntityInd
Donor Advised Fund0DonorAdvisedFundInd
Comply With Public Insp RqrYes (1)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksRALPH ISHAMIndividualWithBooksNm
Phone2127131888PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1410 Park Avenue Suite 1710 New YorkAddressLine1Txt
Address Line2NY 10022AddressLine2Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10022ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts Question0ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified Prsn0SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn0BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn0FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn0PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn0TransferAstDisqualifiedPrsnInd
Payment To Government Official0PaymentToGovernmentOfficialInd
Uncorrected Prior Acts0UncorrectedPriorActsInd
Undistributed Income PY0UndistributedIncomePYInd
Business Holdings0BusinessHoldingsInd
Jeopardy Investments0JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst0UncorrectedPYJeopardyInvstInd
Influence Legislation0InfluenceLegislationInd
Influence Election0InfluenceElectionInd
Grants To Individuals0GrantsToIndividualsInd
Grants To Organizations0GrantsToOrganizationsInd
Noncharitable Purpose0NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd

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
STEPHEN GLASCOCK
206 FIFTH AVENUE 4th FloorNEW YORKNY10010PRESIDENT0.00$0$0$0
ALEXANDER AUERSPERG
829 PARK AVENUE APT 10ANEW YORKNY10021VICE PRESIDENT0.00$0$0$0
RALPH ISHAM
351 EAST 51 ST LOFT-2ANEW YORKNY10022SECRETARY0.00$0$0$0
HOWARD MARSH
15 ORCHARD HILL LANEGREENWICHCT06830TREASURER0.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k0OtherEmployeePaidOver50kCnt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt
Contractor Paid Over50k0ContractorPaidOver50kCnt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1CONTINUED TO MAINTAIN AND MAKE IMPROVEMENTS TO THE YACHT COURAGEOUS, AND TO DISPLAY IT IN SAILING REGATTAS, IN ACCORDANCE WITH THE FOUNDATION'S PURPOSES.Description1Txt
Expenses1$303,778Expenses1Amt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$25,575AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$25,575TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$25,575AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$384CashDeemedCharitableAmt
Net Vl Noncharitable Assets$25,191NetVlNoncharitableAssetsAmt
Minimum Investment Return$1,260MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Sect4942j3j5 Fndtn And Frgn OrgYes (X)Sect4942j3j5FndtnAndFrgnOrgInd

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$303,779ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Qualifying Distributions$303,779QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$0PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$303,779AdjustedQualifyingDistriAmt

Private Operating Foundations PrivateOperatingFoundationsGrp

FieldValueIRS element (for citing)
Section4942j3Yes (X)Section4942j3Ind

Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp

FieldValueIRS element (for citing)
Current Year$0CurrentYearAmt
Year1$0Year1Amt
Year2$0Year2Amt
Year3$0Year3Amt
Total$0TotalAmt

Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp

FieldValueIRS element (for citing)
Current Year$0CurrentYearAmt
Year1$0Year1Amt
Year2$0Year2Amt
Year3$0Year3Amt
Total$0TotalAmt

Qualifying Distributions QualifyingDistributionsGrp

FieldValueIRS element (for citing)
Current Year$303,779CurrentYearAmt
Year1$329,646Year1Amt
Year2$319,786Year2Amt
Year3$295,233Year3Amt
Total$1,248,444TotalAmt

Qualifying Distri Not Used Drt QualifyingDistriNotUsedDrtGrp

FieldValueIRS element (for citing)
Current Year$0CurrentYearAmt
Year1$0Year1Amt
Year2$0Year2Amt
Year3$0Year3Amt
Total$0TotalAmt

Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp

FieldValueIRS element (for citing)
Current Year$303,779CurrentYearAmt
Year1$329,646Year1Amt
Year2$319,786Year2Amt
Year3$295,233Year3Amt
Total$1,248,444TotalAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
Current Year$139,746CurrentYearAmt
Year1$148,158Year1Amt
Year2$167,327Year2Amt
Year3$195,744Year3Amt
Total$650,975TotalAmt

Total Assets Sect4942j3 Bi TotalAssetsSect4942j3BiGrp

FieldValueIRS element (for citing)
Current Year$140,822CurrentYearAmt
Year1$164,652Year1Amt
Year2$175,973Year2Amt
Year3$164,847Year3Amt
Total$646,294TotalAmt

Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Total Support TotalSupportGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Public Support Type PublicSupportType

FieldValueIRS element (for citing)
Total$0TotalAmt

Largest Support From EO LargestSupportFromEOGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Gross Investment Income GrossInvestmentIncomeGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerSTEPHEN GLASCOCKContributingManagerNm
Contributing ManagerALEXANDER AUERSPERGContributingManagerNm
Contributing ManagerRALPH ISHAMContributingManagerNm
Contributing ManagerHOWARD MARSHContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd
Total Grant Or Contri Pd Dur Yr$0TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut$0TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$2ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Unrelated Business Taxbl Incm$0UnrelatedBusinessTaxblIncmAmt
Exclusion$2ExclusionAmt
Related Or Exempt Function Incm$0RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$2TotalIncomeProducingActyAmt

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

FieldValueIRS element (for citing)
Line Number3LineNumberTxt
Relationship StatementINTEREST ON WORKING CAPITAL CASHRelationshipStatementTxt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO0TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO0TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets0SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO0PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets0RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements0ReimbursementArrangementsInd
Loans Or Loan Guarantees0LoansOrLoanGuaranteesInd
Performance Of Services Etc0PerformanceOfServicesEtcInd
Sharing Of Facilities Etc0SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO0RelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

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

Contributor Information ContributorInformationGrp (4 entries)

ContributorContributorNumAddress Line1ContributorUSAddress/AddressLine1TxtCityContributorUSAddress/CityNmState AbbreviationContributorUSAddress/StateAbbreviationCdZIPContributorUSAddress/ZIPCdTotal ContributionsTotalContributionsAmtPerson ContributionPersonContributionInd
ALEXANDER AUERSPERG
1829 PARK AVENUE APT 10ANEW YORKNY10021$95,173Yes (X)
HOWARD MARSH
215 ORCHARD HILL LANEGREENWICHCT06831$95,173Yes (X)
RALPH ISHAM
3351 EAST 51 ST LOFT-2ANEW YORKNY10022$85,172Yes (X)
STEPHEN GLASCOCK
4206 FIFTH AVENUE 4TH FLOORNEW YORKNY10010$85,172Yes (X)

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
Categorycbiz tofiasCategoryTxt
Amt$12,405Amt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$12,405DisbursementsCharitablePrpsAmt

Depreciation Schedule DepreciationSchedule

Depreciation Property DepreciationPropertyGrp (26 entries)

PropertyPropertyDescAcquiredAcquiredDtCost Or Other BasisCostOrOtherBasisAmtPrior Year DepreciationPriorYearDepreciationAmtComputation MethodComputationMethodTxtLifeLifeRtCurrent Year ExpenseCurrentYearExpenseAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmt
YACHT COURAGEOUS2002-07-31$1,016,428$1,016,428SL10.000000000000$0$0$0
COURAGEOUS IMPROVEMENTS - OCTOBER 20032003-10-08$289,689$289,689SL10.000000000000$0$0$0
TENDER IMPROVEMENTS2004-05-30$49,389$49,389SL10.000000000000$0$0$0
COURAGEOUS IMPROVEMENTS - AUGUST 20042004-08-03$56,031$56,031SL10.000000000000$0$0$0
COURAGEOUS IMPROVEMENTS - MAY 20052005-05-01$65,626$65,626SL10.000000000000$0$0$0
COMPUTER2005-06-24$1,235$1,235SL5.000000000000$0$0$0
NAVIGATION SOFTWARE2006-08-02$1,295$1,295SL5.000000000000$0$0$0
COURAGEOUS IMPROVEMENTS - MAY 3, 20072007-05-03$4,738$4,503SL10.000000000000$235$0$235
COURAGEOUS IMPROVEMENTS - MAY 17, 20072007-05-17$4,218$3,974SL10.000000000000$244$0$244
COURAGEOUS IMPROVEMENTS - JUNE 20082008-06-19$47,182$39,317SL10.000000000000$4,718$0$4,718
NAVIGATION SOFTWARE - Y/E 10/102010-04-26$8,657$8,657SL5.000000000000$0$0$0
COURAGEOUS IMPROVEMENTS - JULY 20112011-07-15$40,439$21,568SL10.000000000000$4,044$0$4,044
COURAGEOUS IMPROVEMENTS - MAY 20112011-05-11$40,550$22,303SL10.000000000000$4,055$0$4,055
courageOUS IMPROVEMENTS - 20122012-05-31$104,039$45,951SL10.000000000000$10,404$0$10,404
computer2012-05-31$5,216$4,607SL5.000000000000$609$0$609
Computer equipment2013-05-31$9,313$6,365SL5.000000000000$1,863$0$1,863
Sail2015-04-22$24,296$12,148SL3.000000000000$8,099$0$8,099
Sail2015-06-25$24,295$10,798SL3.000000000000$8,098$0$8,098
Sail2015-11-16$14,473$4,422SL3.000000000000$4,824$0$4,824
Sail2016-01-29$12,597$3,149SL3.000000000000$4,199$0$4,199
Sail2016-02-01$14,952$3,738SL3.000000000000$4,984$0$4,984
Sail2016-02-01$1,583$396SL3.000000000000$528$0$528
Sail2016-11-01$7,272SL3.000000000000$2,424$0$2,424
Sail2017-02-01$14,097SL3.000000000000$3,524$0$3,524
Sail2017-06-01$16,268SL3.000000000000$2,259$0$2,259
Sail2017-09-01$3,858SL3.000000000000$214$0$214

Land Etc Schedule2 LandEtcSchedule2

Land Etc LandEtcGrp (26 entries)

Category Or ItemCategoryOrItemTxtCost Or Other BasisCostOrOtherBasisAmtAccumulated DepreciationAccumulatedDepreciationAmtBook ValueBookValueAmtEOYFMVEOYFMVAmt
YACHT COURAGEOUS$1,016,428$1,016,428$0$0
COURAGEOUS IMPROVEMENTS - OCTOBER 2003$289,689$289,689$0$0
TENDER IMPROVEMENTS$49,389$49,389$0$0
COURAGEOUS IMPROVEMENTS - AUGUST 2004$56,031$56,031$0$0
COURAGEOUS IMPROVEMENTS - MAY 2005$65,626$65,626$0$0
COMPUTER$1,235$1,235$0$0
NAVIGATION SOFTWARE$1,295$1,295$0$0
COURAGEOUS IMPROVEMENTS - MAY 3, 2007$4,738$4,738$0$0
COURAGEOUS IMPROVEMENTS - MAY 17, 2007$4,218$4,218$0$0
COURAGEOUS IMPROVEMENTS - JUNE 2008$47,182$44,035$3,147$3,147
NAVIGATION SOFTWARE - Y/E 10/10$8,657$8,657$0$0
COURAGEOUS IMPROVEMENTS - JULY 2011$40,439$25,612$14,827$14,827
COURAGEOUS IMPROVEMENTS - MAY 2011$40,550$26,358$14,192$14,192
courageOUS IMPROVEMENTS - 2012$104,039$56,355$47,684$47,684
computer$5,216$5,216$0$0
Computer equipment$9,313$8,228$1,085$1,085
Sail$24,296$20,247$4,049$4,049
Sail$24,295$18,896$5,399$5,399
Sail$14,473$9,246$5,227$5,227
Sail$12,597$7,348$5,249$5,249
Sail$14,952$8,722$6,230$6,230
Sail$1,583$924$659$659
Sail$7,272$2,424$4,848$4,848
Sail$14,097$3,524$10,573$10,573
Sail$16,268$2,259$14,009$14,009
Sail$3,858$214$3,644$3,644

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

FieldValueIRS element (for citing)
CategoryLEGAL FEESCategoryTxt
Legal Fees$4,568LegalFeesAmt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$4,568DisbursementsCharitablePrpsAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (12 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
INSURANCE$42,952$0$0$42,952
CLOTHING & UNIFORMS$8,627$0$0$8,627
DIVER$675$0$0$675
DUES & SUBSCRIPTIONS$850$0$0$850
REGATTA FEES$14,452$0$0$14,452
MEALS & ENTERTAINMENT$4,021$0$0$4,021
Supplies$2,121$0$0$2,121
MAINTENANCE$103,925$0$0$103,925
dockage$24,804$0$0$24,804
MISCELLANEOUS$11,665$0$0$11,665
Room,Board & Lodging$3,020$0$0$3,020
tender rental$5,694$0$0$5,694

Substantial Contributors Sch SubstantialContributorsSch

Substantial Contributor Detail SubstantialContributorDetail (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCd
ALEXANDER AUERSPERG
829 PARK AVENUE APT 10ANEW YORKNY10021
HOWARD MARSH
15 ORCHARD HILL LANEGREENWICHCT06831
RALPH ISHAM
351 EAST 51 ST LOFT-2ANEW YORKNY10022
STEPHEN GLASCOCK
206 FIFTH AVENUE 4TH FLOORNEW YORKNY10010

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