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THE FALCK FOUNDATION INC: Form 990PF, tax year 2017

View the entire original 990 at ProPublica ↗

Organization
THE FALCK FOUNDATION INC (EIN 59-3098588)
Tax period
2017-01-01 to 2017-12-31
Filed
2018-08-30
IRS object ID
201842429349100304
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 ReturnHeader

FieldValueIRS element (for citing)
Return2018-08-30T10:26:36-04:00ReturnTs
Tax Period End2017-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN592110180PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1HILLEGASS CHEPENIK & HOOD CPASBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1427 3RD STREET NORTHAddressLine1Txt
CityJACKSONVILLE BEACHCityNm
State AbbreviationFLStateAbbreviationCd
ZIP322507028ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2017-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN593098588EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE FALCK FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlFALCBusinessNameControlTxt
Phone9042460713PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line18049 WHISPER LAKE LANE WESTAddressLine1Txt
CityPONTE VEDRA BEACHCityNm
State AbbreviationFLStateAbbreviationCd
ZIP32082ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDAPHNE E FRANCPersonNm
Person TitleTRUSTEEPersonTitleTxt
Phone9042460713PhoneNum
Signature2018-08-30SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonTERRY J HOODPreparerPersonNm
PTINP01200953PTIN
Phone9042460713PhoneNum
Preparation2018-08-30PreparationDt
FieldValueIRS element (for citing)
Tax2017TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$1,664,560FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$2,315InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$315InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$30,174DividendsRevAndExpnssAmt
Dividends Net Invst Incm$30,174DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$52,484NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$58,768GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$46,763CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss$647OtherIncomeRevAndExpnssAmt
Other Income Adj Net Incm$647OtherIncomeAdjNetIncmAmt
Total Rev And Expnss$85,620TotalRevAndExpnssAmt
Total Net Invst Incm$77,252TotalNetInvstIncmAmt
Total Adj Net Incm$647TotalAdjNetIncmAmt
Taxes Rev And Expnss$233TaxesRevAndExpnssAmt
Other Expenses Rev And Expnss$12,495OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$12,005OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$12,728TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$12,005TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$80,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$80,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$92,728TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$12,005TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$80,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$7,108ExcessRevenueOverExpensesAmt
Net Investment Income$65,247NetInvestmentIncomeAmt
Adjusted Net Income$647AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$243,592SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$165,417SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$165,417SavAndTempCashInvstEOYFMVAmt
US Government Obligations BOY$50,000USGovernmentObligationsBOYAmt
US Government Obligations EOY$50,000USGovernmentObligationsEOYAmt
US Govt Obligations EOYFMV$50,832USGovtObligationsEOYFMVAmt
Other Investments BOY$1,222,922OtherInvestmentsBOYAmt
Other Investments EOY$1,293,989OtherInvestmentsEOYAmt
Other Investments EOYFMV$1,448,311OtherInvestmentsEOYFMVAmt
Total Assets BOY$1,516,514TotalAssetsBOYAmt
Total Assets EOY$1,509,406TotalAssetsEOYAmt
Total Assets EOYFMV$1,664,560TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Retained Earning BOY$1,516,514RetainedEarningBOYAmt
Retained Earning EOY$1,509,406RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$1,516,514TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$1,509,406TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$1,516,514TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$1,509,406TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$1,516,514TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$7,108ExcessRevenueOverExpensesAmt
Subtotal$1,509,406SubtotalAmt
Tot Net Ast Or Fund Balances EOY$1,509,406TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

FieldValueIRS element (for citing)
Capital Gain Net Income$46,763CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$81,571AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$1,557,249NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.052381DistributionYr1Rt
Adjusted Qlfy Distri Yr2$83,087AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$1,652,819NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.050270DistributionYr2Rt
Adjusted Qlfy Distri Yr3$78,812AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$1,699,049NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.046386DistributionYr3Rt
Adjusted Qlfy Distri Yr4$75,240AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$1,621,243NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.046409DistributionYr4Rt
Adjusted Qlfy Distri Yr5$57,644AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$1,530,920NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.037653DistributionYr5Rt
Total Distribution0.233099TotalDistributionRt
Average Distribution0.046620AverageDistributionRt
Net Vl Noncharitable Assets$1,627,523NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$75,875AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$652NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$76,527AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$80,000QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eYes (X)DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax$652InvestmentIncomeExciseTaxAmt
Subtotal$652SubtotalAmt
Tax Based On Investment Income$652TaxBasedOnInvestmentIncomeAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$14EsPenaltyAmt
Tax Due$666TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateFLOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksTERRY J HOODIndividualWithBooksNm
Phone9042460713PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1427 N 3RD STREETAddressLine1Txt
CityJACKSONVILLE BEACHCityNm
State AbbreviationFLStateAbbreviationCd
ZIP32250ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)

Address Line1USAddress/AddressLine1TxtAddress Line2USAddress/AddressLine2TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
DAPHNE E FRANC
8049 WHISPER LAKE LANE WEST8049 WHISPER LAKE LANE WESTPONTE VEDRA BEACHFL32082TRUSTEE000.00$0$0$0
REBECCA F WININGER
5574 RAMBLEWOOD COURT5574 RAMBLEWOOD COURTCOLUMBUSOH43235TRUSTEE000.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$1,649,663AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$2,645AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$1,652,308TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$1,652,308AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$24,785CashDeemedCharitableAmt
Net Vl Noncharitable Assets$1,627,523NetVlNoncharitableAssetsAmt
Minimum Investment Return$81,376MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$81,376MinimumInvestmentReturnAmt
Tax Based On Investment Income$652TaxBasedOnInvestmentIncomeAmt
Total Tax$652TotalTaxAmt
Distributable Before Adj$80,724DistributableBeforeAdjAmt
Distributable Before Ded$80,724DistributableBeforeDedAmt
Distributable As Adjusted$80,724DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$80,000ExpensesAndContributionsAmt
Qualifying Distributions$80,000QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$652PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$79,348AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$80,724DistributableAsAdjustedAmt
Undistributed Income PY$76,916UndistributedIncomePYAmt
Qualifying Distributions$80,000QualifyingDistributionsAmt
Applied To Year1$76,916AppliedToYear1Amt
Applied To Current Year$3,084AppliedToCurrentYearAmt
Undistributed Income CY$77,640UndistributedIncomeCYAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (2 entries)

Address Line1RecipientUSAddress/AddressLine1TxtAddress Line2RecipientUSAddress/AddressLine2TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
FL SCHOOL-DEAF & BLIND
207 SAN MARCO AVE207 SAN MARCO AVEST AUGUSTINEFL32084NONEDONATION$40,000
SPINAL CORD SOCIETY
19051 COUNTY HIGHWAY19051 COUNTY HIGHWAYFERGUS FALLSMN56537NONEDONATION$40,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$80,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$2,315RelatedOrExemptFunctionIncmAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$30,174RelatedOrExemptFunctionIncmAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$52,484RelatedOrExemptFunctionIncmAmt

Other Revenue Described OtherRevenueDescribedGrp

FieldValueIRS element (for citing)
DescNONDIVIDEND DISTRIBUTIONSDesc
Related Or Exempt Function Incm$647RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$85,620RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$85,620TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch

Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (2 entries)

AssetAssetDescAcquiredAcquiredDtHow AcquiredHowAcquiredTxtSoldSoldDtGross Sales PriceGrossSalesPriceAmtBasisBasisAmtTotal NetTotalNetAmt
INVESCO EQUALLY WGHTD S&P 5002014-06PURCHASE2017-01$2,839$2,546$293
AMERICAN FUND GRTH FUND OF AMERICA2009-01PURCHASE2017-10$9,166$3,738$5,428

Investments Govt Obligations Sch InvestmentsGovtObligationsSch

FieldValueIRS element (for citing)
State Local Sec Book Vl EOY$50,000StateLocalSecBookVlEOYAmt
State Local Sec EOYFMV$50,832StateLocalSecEOYFMVAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

FieldValueIRS element (for citing)
Category Or ItemMUTUAL FUNDSCategoryOrItemTxt
Listed At Cost Or FMVAT COSTListedAtCostOrFMVCd
Book Value$1,293,989BookValueAmt
EOYFMV$1,448,311EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmt
EXPENSES
BROKERAGE FEES$12,005$12,005
FEDERAL INCOME TAX$429
LICENSE & FEE$61

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

FieldValueIRS element (for citing)
DescNONDIVIDEND DISTRIBUTIONSDesc
Revenue And Expenses Per Books$647RevenueAndExpensesPerBooksAmt
Adjusted Net Income$647AdjustedNetIncomeAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryFOREIGN TAXES PAIDCategoryTxt
Amt$233Amt

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