4K FOUNDATION INC: Form 990PF, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- 4K FOUNDATION INC (EIN 81-4747714)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-11-17
- IRS object ID
- 202533219349109058
- Schema version
- 2024v5.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Accounting Fees Schedule
- Gain Loss Sale Other Assets Sch
- General Explanation Attachment
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-11-17T21:07:02+00:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 135381590 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BDO USA | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 800 RED BROOK BLVD STE 300 | AddressLine1Txt |
| City | OWINGS MILLS | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 211175188 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 814747714 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | 4K FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | 4KFO | BusinessNameControlTxt |
| Phone | 4109603933 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 909 RIDGEBROOK ROAD 216 | AddressLine1Txt |
| City | SPARKS | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 21152 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | BRIAN M ROGERS | PersonNm |
| Person Title | President | PersonTitleTxt |
| Signature | 2025-11-18 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JAKE COOK | PreparerPersonNm |
| PTIN | P01240455 | PTIN |
| Phone | 4108433400 | PhoneNum |
| Preparation | 2025-11-18 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $8,509,222 | 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 | $16,434 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $18,293 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $19,296 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $160,513 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $186,419 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $426,848 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $2,519,775 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $431,547 | CapGainNetIncmNetInvstIncmAmt |
| Gross Sales Less Ret And Allwnc | $0 | GrossSalesLessRetAndAllwncAmt |
| Cost Of Goods Sold | $0 | CostOfGoodsSoldAmt |
| Gross Profit Rev And Expnss | $0 | GrossProfitRevAndExpnssAmt |
| Other Income Rev And Expnss | $236,166 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $29,722 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $0 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $858,254 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $666,984 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $0 | TotalAdjNetIncmAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $72,060 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $0 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Adj Net Incm | $0 | OthEmplSlrsWgsAdjNetIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $72,060 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $0 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $0 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $59,070 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $29,535 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $29,535 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $60,158 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $60,158 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $0 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $13,645 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $4,019 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $0 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $0 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $0 | DeprecAndDpltnNetInvstIncmAmt |
| Deprec And Dpltn Adj Net Incm | $0 | DeprecAndDpltnAdjNetIncmAmt |
| Occupancy Rev And Expnss | $39,026 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $9,757 | OccupancyNetInvstIncmAmt |
| Occupancy Dsbrs Chrtbl | $29,269 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $313 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Adj Net Incm | $0 | TravConfMeetingAdjNetIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $313 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $61,053 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $450 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $0 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $60,603 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $305,325 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $103,919 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $191,780 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $320,054 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $320,054 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $625,379 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $103,919 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $511,834 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $232,875 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $563,065 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $1,611,442 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $1,399,221 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $1,399,221 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl BOY | $0 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $0 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $0 | AcctRcvblEOYFMVAmt |
| Pledges Rcvbl BOY | $0 | PledgesRcvblBOYAmt |
| Pledges Rcvbl EOY | $0 | PledgesRcvblEOYAmt |
| Pledges Rcvbl EOYFMV | $0 | PledgesRcvblEOYFMVAmt |
| Rcvbl From Officers BOY | $0 | RcvblFromOfficersBOYAmt |
| Rcvbl From Officers EOY | $0 | RcvblFromOfficersEOYAmt |
| Rcvbl From Officers EOYFMV | $0 | RcvblFromOfficersEOYFMVAmt |
| Other Nts And Loans Rcvbl | $0 | OtherNtsAndLoansRcvblAmt |
| Other Rcvbl Allwnc Dbtfl Acct | $0 | OtherRcvblAllwncDbtflAcctAmt |
| Other Nts And Loans Rcvbl BOY | $0 | OtherNtsAndLoansRcvblBOYAmt |
| Other Nts And Loans Rcvbl EOY | $0 | OtherNtsAndLoansRcvblEOYAmt |
| Other Nts And Loans Rcvbl EOYFMV | $0 | OtherNtsAndLoansRcvblEOYFMVAmt |
| Prepaid Expenses BOY | $78 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $46 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $46 | PrepaidExpensesEOYFMVAmt |
| US Government Obligations BOY | $147,202 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $267,258 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $259,518 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $3,330,314 | CorporateStockBOYAmt |
| Corporate Stock EOY | $3,475,476 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $4,026,630 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $318,611 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $400,563 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $386,182 | CorporateBondsEOYFMVAmt |
| Invst Land Cost Or Other Basis | $0 | InvstLandCostOrOtherBasisAmt |
| Invst Land Accum Depreciation | $0 | InvstLandAccumDepreciationAmt |
| Land Bldg Investments BOY | $0 | LandBldgInvestmentsBOYAmt |
| Land Bldg Investments EOYFMV | $0 | LandBldgInvestmentsEOYFMVAmt |
| Other Investments BOY | $2,616,009 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $2,311,448 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $2,437,625 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $0 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $0 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $0 | LandBOYAmt |
| Land EOYFMV | $0 | LandEOYFMVAmt |
| Other Assets BOY | $0 | OtherAssetsBOYAmt |
| Other Assets EOY | $0 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $0 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $8,023,656 | TotalAssetsBOYAmt |
| Total Assets EOY | $7,854,012 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $8,509,222 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $57,684 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $6,753 | AccountsPayableEOYAmt |
| Loans From Officers BOY | $0 | LoansFromOfficersBOYAmt |
| Loans From Officers EOY | $0 | LoansFromOfficersEOYAmt |
| Mortgages And Notes Payable BOY | $0 | MortgagesAndNotesPayableBOYAmt |
| Mortgages And Notes Payable EOY | $0 | MortgagesAndNotesPayableEOYAmt |
| Total Liabilities BOY | $57,684 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $6,753 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $7,965,972 | RetainedEarningBOYAmt |
| Retained Earning EOY | $7,847,259 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $7,965,972 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $7,847,259 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $8,023,656 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $7,854,012 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $7,965,972 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $232,875 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $8,198,847 | SubtotalAmt |
| Other Decreases | $351,588 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $7,847,259 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (4 entries)
| PropertyPropertyDesc | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Excess FMV Over Adjusted BssExcessFMVOverAdjustedBssAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | Gross Sales PriceGrossSalesPriceAmt |
|---|---|---|---|---|---|
| TOTAL LONG-TERM COMMON TRUST FUND AND PARTNERSHIP, S CORPORATION, AND OTHER ESTATES | $3,307 | -$3,307 | $0 | -$3,307 | |
| PUBLICLY TRADED SECURITIES- LT | $1,326,617 | $408,513 | $0 | $408,513 | $1,735,130 |
| PUBLICLY TRADED SECURITIES- ST | $767,480 | $26,207 | $0 | $26,207 | $793,687 |
| TOTAL CAPITAL GAIN DISTRIBUTIONS | $0 | $134 | $0 | $134 | $134 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $431,547 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $7,827 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $7,827 | SubtotalAmt |
| Tax Based On Investment Income | $7,827 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $2,951 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $7,000 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $9,951 | TotalPaymentsAndCreditsAmt |
| Overpayment | $2,124 | OverpaymentAmt |
| Applied To ES Tax | $2,124 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
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 | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| 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 | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | Yes (true) | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | NONE | WebsiteAddressTxt |
| Individual With Books | BRIAN M ROGERS | IndividualWithBooksNm |
| Phone | 4109603933 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4029 HOLLY KNOLL DRIVE | AddressLine1Txt |
| City | GLEN ARM | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 21057 | 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 | Yes (true) | BusinessHoldingsInd |
| Excess Business Holdings | false | ExcessBusinessHoldingsInd |
| 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 |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BRIAN ROGERS | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 909 RIDGEBROOK ROAD | AddressLine1Txt |
| City | SPARKS | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 21152 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | PRESIDENT | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 10.00 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $0 | CompensationAmt |
| Employee Benefit Program | $0 | EmployeeBenefitProgramAmt |
| Expense Account Other Allwnc | $0 | ExpenseAccountOtherAllwncAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $4,703,985 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,586,243 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $2,217,340 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $8,507,568 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $8,507,568 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $127,614 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $8,379,954 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $418,998 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $418,998 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $7,827 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $7,827 | TotalTaxAmt |
| Distributable Before Adj | $411,171 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $411,171 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $411,171 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $511,834 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $511,834 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $411,171 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Prior Year3 | 2020 | PriorYear3Yr |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $0 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $68,430 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $121,023 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $214,476 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $0 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $403,929 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $511,834 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $411,171 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $100,663 | RemainingDistriFromCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $504,592 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $504,592 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $68,430 | ExcessFromYear4Amt |
| Excess From Year3 | $121,023 | ExcessFromYear3Amt |
| Excess From Year2 | $214,476 | ExcessFromYear2Amt |
| Excess From Year1 | $0 | ExcessFromYear1Amt |
| Excess From Current Year | $100,663 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (16 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| Rebuilt Parish Inc | |||||||
| 101 W Ridgely Road Ste 7B | Timonium | MD | 21093 | none | PC | A movement aimed at impacting the minds and hearts of parish leaders so they can refocus on reaching the un-churched, creating a clear discipleship path, and rebuilding their parish culture. | $200,000 |
| Church of the Nativity | |||||||
| 20 E Ridgely Road | Timonium | MD | 21093 | none | PC | Catholic community of faith in North Baltimorededicated to reaching unchurched Catholics and everyone with the life changing message of Jesus Christ. | $33,000 |
| Young Onset Parkinson's Network | |||||||
| 8387C Leesburg Pike 1049 | Vienna | VA | 22182 | none | PC | To empower those with Young Onset Parkinsons to thrive far beyond their unexpected, early diagnosis. | $25,000 |
| Archdiocese of Baltimore | |||||||
| 320 Cathedral Street | Baltimore | MD | 21201 | none | PC | To evangelize ourselves, our families, our parish and local communities, and our world; to celebrate our faith with joy through vibrant and prayerful worship; to educate and become educated in the truths of the Gospel and in the formation of conscience; to reach out in love and service to those in need; to develop the material, financial and human resources of the Church and to manage them as faithful stewards. | $15,000 |
| Believe Big | |||||||
| 4821 Butler Road Suite 1D | Glyndon | MD | 21136 | none | PC | To help families face, fight, and overcome cancer. | $10,000 |
| Crohn's and Colitis Foundation | |||||||
| 733 Third Avenue | New York | NY | 10017 | none | PC | To cure Crohn's disease and ulcerative colitis and to improve the quality of life of children and adults affected by these diseases | $10,000 |
| United Way of Greater High Point | |||||||
| 815 Phillips Avenue | High Point | NC | 27262 | none | PC | To develop resources and partnerships that make a measurable difference in people's lives. | $10,000 |
| Carolina Core Academy | |||||||
| 410 West English Road Suite A351 | High Point | NC | 27262 | none | PC | To create a dynamic and inclusive soccer club that prioritizes excellence, a strong sense of community, and holistic development, empowering players to grow both on and off the field, and instilling values that inspire success in every aspect of life. | $6,000 |
| FRANCISCAN CENTER OF BALTIMORE | |||||||
| 101 W 23rd Street | Baltimore | MD | 21218 | none | PC | To provide emergency assistance and supportive outreach to persons who are economically disadvantaged in an effort to assist them in realizing their self-worth and dignity as people of God. | $3,364 |
| COVER THE CITY PROJECT | |||||||
| 405 N Main Street | High Point | NC | 27260 | none | PC | To cover cities literally and physically with warmth and love. | $3,000 |
| HOUSE OF RUTH MARYLAND | |||||||
| 2201 Argonne Drive | Baltimore | MD | 21218 | none | PC | To end violence against women and their children by confronting the attitudes, behaviors and systems that perpetuate it, and by providing victims with the services necessary to rebuild their lives safely and free of fear. | $2,050 |
| FOCUS (FELLOWSHIP OF CATHOLIC UNIVERSITY STUDENTS) | |||||||
| 603 Park Point Drive | Golden | CO | 80401 | none | PC | To know Christ Jesus and fulfill His Great Commission | $1,200 |
| EAST CAROLINA COUNCIL | |||||||
| 313 Boy Scout Blvd | Kinston | NC | 28501 | none | PC | To build character and instill values in young people.Always in strong partnership with the religious, civic and business communities, Scouting teaches traditional values, respect for God and Country, life skills and responsible citizenship to generations of area young people.Scouting provides the youth of eastern North Carolina with activities and programs outside of school hours which are safe, productive and structured. | $1,000 |
| SWIM ACROSS AMERICA | |||||||
| 8508 Park Rd 389 | Charlotte | NC | 28210 | none | PC | To host charity swims that fund cancer research and patient programs. | $250 |
| LEWIS MUSEUM | |||||||
| 830 E Pratt Street | Baltimore | MD | 21202 | none | PC | To serve as a catalyst of sustained change by providing robust programs and exhibitions and bold conversations that educate and challenge | $150 |
| HP DISCOVERED | |||||||
| 400 W English Road Suite 241 | High Point | NC | 27262 | none | PC | To share life-filled stories that celebrate our city, cultivate a sense of pride, and empower those who are changing our city for good. We are High Point's storytellers, and we tell the stories that help people fall in love with High Point. | $40 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $320,054 | 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 | $18,293 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $160,513 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $426,848 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (10 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|
| FIDELITY 1840 RETURN ON CAPITAL | 41 | $186,084 |
| FIDELITY 8359 OTHER INCOME | 41 | $263 |
| GPB AUTOMOTIVE PORTFOLIO LP | 41 | $848 |
| INDEPENDENT ACCESS PARTNERS CO-INVEST | 41 | -$3,455 |
| INDEPENDENT ACCESS PARTNERS MEZZ FUND | 41 | -$5,301 |
| INDEPENDENT ACCESS PARTNERS INFRA FUND I | 41 | -$2,876 |
| VIRTUS REAL ESTATE CAPITAL II | 41 | -$4,246 |
| BEDROCK INVESTMENTS III LLC | 41 | $46,785 |
| INDEPENDENT ACCESS PARTNERS ORE FUND | 41 | -$2,033 |
| TAX REFUND | 41 | $20,097 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $841,820 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $841,820 | 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 | ACCOUNTING FEES | CategoryTxt |
| Amt | $59,070 | Amt |
| Net Investment Income | $29,535 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $29,535 | DisbursementsCharitablePrpsAmt |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (2 entries)
| AssetAssetDesc | How AcquiredHowAcquiredTxt | Gross Sales PriceGrossSalesPriceAmt | BasisBasisAmt | Total NetTotalNetAmt |
|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES | P | $2,523,082 | $2,092,927 | $430,155 |
| CAPITAL GAIN FROM K-1 | P | $3,307 | -$3,307 |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | FEDERAL FOOTNOTES | IdentifierTxt |
| Form And Line Reference | FORM 990-PF, PART I | FormAndLineReferenceDesc |
| Medium Explanation | 4K FOUNDATION INC. IS THE SOLE OWNER OF A SINGLE MEMBER LLC NAMED GATHERING POINT GIVING CIRCLE, LLC. THE FOUNDATION HAS INCLUDED THE SMLLC'S REVENUE AND EXPENSES ON PAGE 1, PART I OF THE FORM 990-PF. PLEASE SEE BELOW FOR DETAILED INFORMATION PERTAINING TO GATHERING POINT GIVING CIRCLE, LLC: BUSINESS NAME: GATHERING POINT GIVING CIRCLE, LLC EIN: 81-4747714 PRINCIPAL OFFICE: 909 RIDGEBROOK ROAD, SUITE 216, SPARKS, MD 21152 RESIDENT AGENT: BRIAN M. ROGERS. 909 RIDGEBROOK ROAD, SUITE 216, SPARKS, MD 21152 DATE OF FORMATION/ REGISTRATION: 08/28/2019 STATE OF FORMATION: MARYLAND | MediumExplanationTxt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | FIDELITY BONDS | BondNm |
| EOY Book Value | $400,563 | EOYBookValueAmt |
| EOYFMV | $386,182 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (3 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| FIDELITY STOCKS | $2,355,163 | $2,878,560 |
| FIDELITY MUTUAL FUNDS | $1,000,087 | $1,032,343 |
| FIDELITY EQUITY ETPS | $120,226 | $115,727 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $267,258 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $259,518 | USGovtObligationsEOYFMVAmt |
| State Local Sec Book Vl EOY | $0 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $0 | StateLocalSecEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (9 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| FIDELITY OTHER INVESTMENTS | FMV | $44,230 | $170,407 |
| IAP INFRASTRUCUTRE FUND I | FMV | $133,981 | $133,981 |
| IAP ORE FUND I LLC | FMV | $49,316 | $49,316 |
| GPB AUTOMOTIVE PORTFOLIO, LP | FMV | $121,511 | $121,511 |
| THE LUCERNE CAPITAL FUND, L.P. | FMV | $0 | $0 |
| VIRTUS REAL ESTATE CAPITAL II | FMV | $49,878 | $49,878 |
| IAP MEZZ FUND I | FMV | $111,738 | $111,738 |
| IAP CO-INVESTMENT FUND | FMV | $196,196 | $196,196 |
| BEDROCK INVESTMENTS III | FMV | $1,604,598 | $1,604,598 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PRIOR PERIOD ADJUSTMENT | Desc |
| Amt | $351,588 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| GPGC PROGRAM EXPENSES | $55,633 | $0 | $0 | $55,633 |
| INSURANCE | $1,431 | $0 | $0 | $1,431 |
| BANK FEES | $362 | $362 | $0 | $0 |
| SOFTWARE & TECHNOLOGY | $158 | $88 | $0 | $70 |
| POSTAGE | $3,469 | $0 | $0 | $3,469 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (10 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| FIDELITY 1840 RETURN ON CAPITAL | $186,084 | $0 | $0 |
| FIDELITY 8359 OTHER INCOME | $263 | $0 | $0 |
| GPB AUTOMOTIVE PORTFOLIO LP | $848 | $848 | $0 |
| INDEPENDENT ACCESS PARTNERS CO-INVEST | -$3,455 | -$3,455 | $0 |
| INDEPENDENT ACCESS PARTNERS MEZZ FUND | -$5,301 | -$5,301 | $0 |
| INDEPENDENT ACCESS PARTNERS INFRA FUND I | -$2,876 | -$2,876 | $0 |
| VIRTUS REAL ESTATE CAPITAL II | -$4,246 | -$4,246 | $0 |
| BEDROCK INVESTMENTS III LLC | $46,785 | $46,785 | $0 |
| INDEPENDENT ACCESS PARTNERS ORE FUND | -$2,033 | -$2,033 | $0 |
| TAX REFUND | $20,097 | $0 | $0 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| FIDELITY BROKERAGE - 8359 | $45,202 | $45,202 | $0 | $0 |
| FIDELITY BROKERAGE - 1840 | $10,581 | $10,581 | $0 | $0 |
| FIDELITY BROKERAGE - 2383 | $4,375 | $4,375 | $0 | $0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| EXCISE TAXES | $10,349 | $0 | $0 | $0 |
| FOREIGN TAXES PAID | $3,296 | $4,019 | $0 | $0 |
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