THE MERRILL FOUNDATION INC: Form 990PF, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- THE MERRILL FOUNDATION INC (EIN 52-1490571)
- Tax period
- 2017-01-01 to 2017-12-31
- Filed
- 2018-08-03
- IRS object ID
- 201812159349100201
- 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
- Accounting Fees Schedule
- Depreciation Schedule
- Expln Of Non Filing With AG Stmt
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2018-08-03T09:19:24-05:00 | ReturnTs |
| Tax Period End | 2017-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BDO USA LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8401 GREENSBORO DRIVE 800 | AddressLine1Txt |
| City | MCLEAN | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 22102 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2017-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 521490571 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE MERRILL FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % MAYRAV BOND | InCareOfNm |
| Business Name Control | MERR | BusinessNameControlTxt |
| Phone | 4109492913 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 111 SOUTH CALVERT STREET | AddressLine1Txt |
| City | BALTIMORE | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 21202 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | NANCY MERRILL | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 7038930600 | PhoneNum |
| Signature | 2018-05-10 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Nathan Park | PreparerPersonNm |
| PTIN | P01460768 | PTIN |
| Phone | 7038930600 | PhoneNum |
| Preparation | 2017-07-30 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2017 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $26,435,167 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $0 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $406,064 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $398,400 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $3,035,509 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $8,107,509 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $3,035,509 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $62,063 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $62,063 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $3,503,636 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $3,495,972 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Accounting Fees Rev And Expnss | $8,500 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $8,500 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $327,645 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $327,645 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $57,351 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $7,351 | TaxesNetInvstIncmAmt |
| Trav Conf Meeting Rev And Expnss | $3,633 | TravConfMeetingRevAndExpnssAmt |
| Other Expenses Rev And Expnss | $113 | OtherExpensesRevAndExpnssAmt |
| Tot Opr Expenses Rev And Expnss | $397,242 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $334,996 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $8,500 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,349,600 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,349,600 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,746,842 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $334,996 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,358,100 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $1,756,794 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $3,160,976 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $568,722 | CashBOYAmt |
| Cash EOY | $1,656,813 | CashEOYAmt |
| Cash EOYFMV | $1,656,813 | CashEOYFMVAmt |
| Acct Rcvbl | $336 | AcctRcvblAmt |
| Acct Rcvbl BOY | $330 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $336 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $336 | AcctRcvblEOYFMVAmt |
| Corporate Stock BOY | $16,918,495 | CorporateStockBOYAmt |
| Corporate Stock EOY | $17,661,197 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $21,529,126 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $930,702 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $930,702 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $3,248,892 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $18,418,249 | TotalAssetsBOYAmt |
| Total Assets EOY | $20,249,048 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $26,435,167 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $67,859 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $156,480 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $67,859 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $156,480 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Retained Earning BOY | $18,350,390 | RetainedEarningBOYAmt |
| Retained Earning EOY | $20,092,568 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $18,350,390 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $20,092,568 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $18,418,249 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $20,249,048 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $18,350,390 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $1,756,794 | ExcessRevenueOverExpensesAmt |
| Subtotal | $20,107,184 | SubtotalAmt |
| Other Decreases | $14,616 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $20,092,568 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (10 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| FM #2930 (SEE ATTD) | P | 2017-01-01 | 2017-12-31 | $555,811 | $415,160 | $140,651 | $140,651 |
| ML #2032 (SEE ATTD) | P | 2017-01-01 | 2017-12-31 | $1,318,363 | $1,210,483 | $124,841 | $107,880 |
| CASH/LIEU LENNAR CORP | P | 2017-12-04 | 2017-12-04 | $25 | $25 | $25 | |
| ML #2038 (SEE ATTD) ST SEC. 1256 | P | 2017-01-01 | 2017-12-31 | $64,496 | $64,496 | $64,496 | |
| FM #2930 (SEE ATTD) | P | 2016-01-01 | 2017-12-31 | $2,335,087 | $1,802,218 | $532,869 | $532,869 |
| ML #2032 (SEE ATTD) | P | 2016-01-01 | 2017-12-31 | $1,019,555 | $818,218 | $204,980 | $201,337 |
| FM #2930 (SEE ATTD) | P | 2016-01-01 | 2017-12-31 | $2,713,750 | $846,286 | $1,867,464 | $1,867,464 |
| 26 SHS COMCAST CORP NEW CL A | P | 2007-12-01 | 2017-07-10 | $1,012 | $239 | $773 | $773 |
| ML #2038 (SEE ATTD) LT SEC. 1256 | P | 2016-01-01 | 2017-12-31 | $96,743 | $96,743 | $96,743 | |
| CAPITAL GAIN DIVIDENDS | P | $2,667 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $3,035,509 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $1,067,050 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $24,012,143 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.044438 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $1,310,250 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $23,589,587 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.055544 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $1,220,166 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $24,307,475 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.050197 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $1,404,060 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $23,495,659 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.059758 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $1,085,340 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $19,266,843 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.056332 | DistributionYr5Rt |
| Total Distribution | 0.266269 | TotalDistributionRt |
| Average Distribution | 0.053254 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $25,554,534 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $1,360,881 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $31,610 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $1,392,491 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $1,358,100 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $63,220 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $63,220 | SubtotalAmt |
| Tax Based On Investment Income | $63,220 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $63,347 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $10,000 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $73,347 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Overpayment | $10,127 | OverpaymentAmt |
| Applied To ES Tax | $10,127 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | Yes (true) | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | MD | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | false | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MAYRAV BOND | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 4109492913 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 111 SOUTH CALVERT STREET | AddressLine1Txt |
| City | BALTIMORE | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 21202 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 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 |
|---|---|---|---|---|---|---|---|---|
| NANCY MERRILL | ||||||||
| 906 CHILDS POINT ROAD | ANNAPOLIS | MD | 21401 | PRESIDENT | 10.0 | $0 | $0 | $0 |
| MAYRAV BOND | ||||||||
| 111 SOUTH CALVERT STREET | BALTIMORE | MD | 21202 | SECRETARY/TREASURER | 0.25 | $0 | $0 | $0 |
| CATHERINE MERRILL WILLIAMS | ||||||||
| 2323 WYOMING STREET NW | WASHINGTON | DC | 20008 | DIRECTOR | 5.0 | $0 | $0 | $0 |
| DOUGLAS MERRILL | ||||||||
| 122 MARINER COVE | SHELBURNE | VT | 05482 | DIRECTOR | 5.0 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Summary Of Direct Chrtbl Acty | SummaryOfDirectChrtblActyGrp | |
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $23,991,851 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,370,334 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $581,504 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $25,943,689 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $25,943,689 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $389,155 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $25,554,534 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,277,727 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,277,727 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $63,220 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $63,220 | TotalTaxAmt |
| Distributable Before Adj | $1,214,507 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $1,214,507 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $1,214,507 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,358,100 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $1,358,100 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $1,358,100 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,214,507 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Prior Year1 | 2015 | PriorYear1Yr |
| Prior Year2 | 2014 | PriorYear2Yr |
| Prior Year3 | 2013 | PriorYear3Yr |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $136,798 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $257,197 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $19,820 | ExcessDistributionCyovYr3Amt |
| Total Excess Distribution Cyov | $413,815 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,358,100 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Current Year | $1,214,507 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $143,593 | RemainingDistriFromCorpusAmt |
| Total Corpus | $557,408 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $136,798 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $420,610 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $257,197 | ExcessFromYear4Amt |
| Excess From Year3 | $19,820 | ExcessFromYear3Amt |
| Excess From Current Year | $143,593 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SEE STATEMENT ATTACHED | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 111 SOUTH CALVERT STREET | AddressLine1Txt |
| Address Line2 | C/O MAYRAV BOND | AddressLine2Txt |
| City | BALITMORE | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 21202 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Foundation Status | PC | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | SEE STATEMENT ATTACHED | GrantOrContributionPurposeTxt |
| Amt | $1,349,600 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,349,600 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp | |
| Int On Sav And Temp Cash Invst | IntOnSavAndTempCashInvstGrp |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $406,064 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 01 | ExclusionCd |
| Exclusion | $62,063 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $3,035,509 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $3,503,636 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $3,503,636 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTANT FEES | CategoryTxt |
| Amt | $8,500 | Amt |
| Disbursements Charitable Prps | $8,500 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Expln Of Non Filing With AG Stmt ExplnOfNonFilingWithAGStmt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | THE MARYLAND STATE ATTORNEY GENERAL DOES NOT REQUIRE A COPY OF FROM 990-PF FROM A FOUNDATION THAT DOES NOT SOLICIT CONTRIBUTIONS WITHIN THE STATE. | ExplanationTxt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (5 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| FIXED INCOME - FM #2930 | $397,355 | $397,972 |
| CORPORATE STOCK - FM #2930 | $6,295,378 | $8,134,500 |
| CORPORATE STOCK - ML #2032 | $10,885,184 | $12,894,946 |
| OPTIONS - ML #2038 | $35,260 | $35,260 |
| MUTUAL FUND - ML #2032 | $48,020 | $66,448 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (2 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| FIRST HEALTH LIMITED | AT COST | $452,345 | $1,535,607 |
| FIRST BIOMED LIMITED | AT COST | $478,357 | $1,713,285 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PRIOR PERIOD ADJUSTMENT | Desc |
| Amt | $14,616 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt |
|---|---|
| WIRE TRANSFER FEES | $75 |
| MISC. ADMINISTRATIVE EXP. | $38 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | HOUSEHOLD INTL,INC SECURITIES LITIGATION | Desc |
| Revenue And Expenses Per Books | $62,063 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $62,063 | NetInvestmentIncomeAmt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OPTIONS - SHORT POSITIONS | Desc |
| BOY Book Value | $67,859 | BOYBookValueAmt |
| EOY Book Value | $156,480 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT ADVISEMENT FEE | CategoryTxt |
| Amt | $327,645 | Amt |
| Net Investment Income | $327,645 | NetInvestmentIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| FM #2930 - FTP | $3,218 | $3,218 |
| ML #2032 - FTP | $4,133 | $4,133 |
| ESTIMATED TAX PAYMENTS | $50,000 |
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