THE GROMET FOUNDATION: Form 990PF, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- THE GROMET FOUNDATION (EIN 99-0281966)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-11-17
- IRS object ID
- 202523219349108042
- Schema version
- 2024v5.2
- 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
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Land Etc Schedule2
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Increases Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-11-17T21:00:04-06:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 421539623 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KMH LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1003 BISHOP STREET SUITE 2400 | AddressLine1Txt |
| City | HONOLULU | CityNm |
| State Abbreviation | HI | StateAbbreviationCd |
| ZIP | 96813 | 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 | 990281966 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE GROMET FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | GROM | BusinessNameControlTxt |
| Phone | 8083841456 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 40 E MAIN STREET 754 | AddressLine1Txt |
| City | NEWARK | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 19711 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JAMES STUBENBERG | PersonNm |
| Person Title | EXECUTIVE DIRECTOR | PersonTitleTxt |
| Phone | 8084978701 | PhoneNum |
| Signature | 2025-11-17 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | DANIELLE A HARANO | PreparerPersonNm |
| PTIN | P01258470 | PTIN |
| Phone | 8085262255 | PhoneNum |
| Preparation | 2025-11-10 | 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 | $10,922,272 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $28,223 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $28,223 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $28,223 | InterestOnSavingsAdjNetIncmAmt |
| Dividends Rev And Expnss | $113,701 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $113,701 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $113,701 | DividendsAdjNetIncmAmt |
| Gross Rents Rev And Expnss | $212,106 | GrossRentsRevAndExpnssAmt |
| Gross Rents Adj Net Incm | $212,106 | GrossRentsAdjNetIncmAmt |
| Net Rental Income Or Loss | $167,906 | NetRentalIncomeOrLossAmt |
| Net Gain Sale Ast Rev And Expnss | $434,866 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $3,576,869 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $434,866 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $55,148 | NetSTCapitalGainAdjNetIncmAmt |
| Total Rev And Expnss | $788,896 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $576,790 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $409,178 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $237,342 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $9,979 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $23,734 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $213,608 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $129,600 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $12,960 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Adj Net Incm | $12,960 | OthEmplSlrsWgsAdjNetIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $116,640 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $31,727 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $3,173 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $3,173 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $28,554 | AccountingFeesChrtblPrpsAmt |
| Interest Rev And Expnss | $44,680 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $44,680 | InterestNetInvstIncmAmt |
| Interest Adj Net Incm | $44,680 | InterestAdjNetIncmAmt |
| Interest Dsbrs Chrtbl | $0 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $79,123 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $3,118 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $11,618 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $25,005 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $194 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $0 | DeprecAndDpltnNetInvstIncmAmt |
| Deprec And Dpltn Adj Net Incm | $0 | DeprecAndDpltnAdjNetIncmAmt |
| Occupancy Rev And Expnss | $209 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $21 | OccupancyNetInvstIncmAmt |
| Occupancy Adj Net Incm | $21 | OccupancyAdjNetIncmAmt |
| Occupancy Dsbrs Chrtbl | $188 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $9,324 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Adj Net Incm | $9,324 | TravConfMeetingAdjNetIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $0 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $131,638 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $59,878 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $59,878 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $71,738 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $663,837 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $133,809 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $165,388 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $455,733 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $109,956 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $109,956 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $773,793 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $133,809 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $165,388 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $565,689 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $15,103 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $442,981 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $243,790 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $12,247 | CashBOYAmt |
| Cash EOY | $3,345 | CashEOYAmt |
| Cash EOYFMV | $3,345 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $45,995 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $41,523 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $41,523 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $6,294 | AcctRcvblAmt |
| Acct Rcvbl BOY | $6,294 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $6,294 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $6,294 | AcctRcvblEOYFMVAmt |
| Prepaid Expenses BOY | $524 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $524 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $524 | PrepaidExpensesEOYFMVAmt |
| US Government Obligations BOY | $1,175,121 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $1,232,063 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $1,254,631 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $2,417,482 | CorporateStockBOYAmt |
| Corporate Stock EOY | $2,498,603 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $4,715,350 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $1,716,545 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $1,576,511 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $1,722,690 | CorporateBondsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $14,765 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $14,645 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $0 | LandBOYAmt |
| Land EOY | $120 | LandEOYAmt |
| Land EOYFMV | $120 | LandEOYFMVAmt |
| Other Assets BOY | -$1,256,610 | OtherAssetsBOYAmt |
| Other Assets EOY | -$1,223,410 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $3,177,795 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $4,117,598 | TotalAssetsBOYAmt |
| Total Assets EOY | $4,135,573 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $10,922,272 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $4,117,598 | RetainedEarningBOYAmt |
| Retained Earning EOY | $4,135,573 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $4,117,598 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $4,135,573 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $4,117,598 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $4,135,573 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $4,117,598 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $15,103 | ExcessRevenueOverExpensesAmt |
| Other Increases | $3,590 | OtherIncreasesAmt |
| Subtotal | $4,136,291 | SubtotalAmt |
| Other Decreases | $718 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $4,135,573 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (53 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| ISHARES TR IS 1-5 YR IN GR CR BD ETF | P | 2018-02-13 | 2024-07-12 | $37,954 | $38,295 | -$341 | -$341 |
| ADOBE INC | P | 2019-01-10 | 2024-06-13 | $42,284 | $21,847 | $20,437 | $20,437 |
| ALPHABET INC C | P | 2015-06-04 | 2024-02-01 | $10,030 | $1,883 | $8,147 | $8,147 |
| ALPHABET INC C | P | 2023-03-30 | 2024-07-10 | $19,236 | $10,117 | $9,119 | $9,119 |
| ALPHABET INC C | P | 2015-06-04 | 2024-04-01 | $35,912 | $6,188 | $29,724 | $29,724 |
| AMERICAN EXPRESS | P | 2022-06-30 | 2024-01-22 | $25,000 | $24,992 | $8 | $8 |
| AON PLC | P | 2017-03-16 | 2024-01-16 | $37,347 | $14,896 | $22,451 | $22,451 |
| APPLE INC | P | 2023-06-23 | 2024-10-01 | $10,146 | $8,433 | $1,713 | $1,713 |
| ISHARES TR IS 1-5 YR IN GR CR BD ETF | P | 2020-07-02 | 2024-05-10 | $15,294 | $16,415 | -$1,121 | -$1,121 |
| BLACKSTONE INC | P | 2023-03-30 | 2024-10-23 | $41,612 | $20,758 | $20,854 | $20,854 |
| BERKSHIRE HATHAWAY B | P | 2022-01-13 | 2024-02-01 | $10,318 | $8,705 | $1,613 | $1,613 |
| ADOBE INC | P | 2019-04-16 | 2024-06-13 | $909 | $546 | $363 | $363 |
| CHENIERE ENERGY INC | P | 2016-02-09 | 2024-07-10 | $6,094 | $861 | $5,233 | $5,233 |
| CHENIERE ENERGY INC | P | 2017-04-17 | 2024-07-10 | $8,706 | $2,324 | $6,382 | $6,382 |
| CHEVRON CORP NEW | P | 2023-02-14 | 2024-10-24 | $39,594 | $45,615 | -$6,021 | -$6,021 |
| HOME DEPOT INC | P | 2022-02-10 | 2024-02-01 | $10,268 | $10,485 | -$217 | -$217 |
| HYDRO-QUCCBZBEC | P | 2006-09-12 | 2024-10-16 | $83,607 | $98,987 | -$15,380 | -$15,380 |
| BLACKSTONE INC | P | 2019-07-09 | 2024-10-23 | $16,645 | $3,924 | $12,721 | $12,721 |
| APPLE INC | P | 2023-06-23 | 2024-05-01 | $15,046 | $16,492 | -$1,446 | -$1,446 |
| FHLB | P | 2023-10-11 | 2024-07-26 | $25,000 | $25,022 | -$22 | -$22 |
| PEPSICO INC | P | 2023-06-22 | 2024-04-08 | $43,386 | $47,910 | -$4,524 | -$4,524 |
| SPDR PORTFOLIO S&P 600 SMALL CAP ETF | P | 2023-06-22 | 2024-01-16 | $36,839 | $34,595 | $2,244 | $2,244 |
| CHENIERE ENERGY INC | P | 2016-02-09 | 2024-11-29 | $33,565 | $3,688 | $29,877 | $29,877 |
| ISHARES CORE US BOND ETF | P | 2024-10-23 | 2024-12-02 | $9,889 | $9,861 | $28 | $28 |
| ISHARES MSCI USA QLTY FACT ETF | P | 2023-07-20 | 2024-08-26 | $32,081 | $25,047 | $7,034 | $7,034 |
| ISHARES TR IS 1-5 YR IN GR CR BD ETF | P | 2020-07-02 | 2024-07-12 | $23,928 | $25,388 | -$1,460 | -$1,460 |
| JPMORGAN ULTRA SHORT ETF | P | 2020-02-12 | 2024-07-10 | $8,814 | $8,843 | -$29 | -$29 |
| LOCKHEED MARTIN CORP | P | 2022-04-22 | 2024-09-04 | $3,438 | $2,678 | $760 | $760 |
| LOCKHEED MARTIN CORP | P | 2022-04-22 | 2024-07-26 | $48,278 | $41,065 | $7,213 | $7,213 |
| LORD ABBETT SHORT DURATION INCOME I | P | 2009-05-18 | 2024-06-20 | $15,000 | $16,962 | -$1,962 | -$1,962 |
| LPL FINL HLDGS INC | P | 2016-02-09 | 2024-11-29 | $16,322 | $1,011 | $15,311 | $15,311 |
| LPL FINL HLDGS INC | P | 2016-02-19 | 2024-07-10 | $16,349 | $1,214 | $15,135 | $15,135 |
| MASTERCARD INC A | P | 2013-04-17 | 2024-10-01 | $10,451 | $1,107 | $9,344 | $9,344 |
| MCDONALDS CORP | P | 2015-08-27 | 2024-05-21 | $65,908 | $23,663 | $42,245 | $42,245 |
| MCDONALDS CORP | P | 2015-08-27 | 2024-01-16 | $50,908 | $16,737 | $34,171 | $34,171 |
| META PLATFORMS INC A | P | 2019-04-16 | 2024-08-01 | $23,865 | $8,625 | $15,240 | $15,240 |
| WILLIAMS COS INC | P | 2022-04-11 | 2024-01-16 | $24,470 | $24,051 | $419 | $419 |
| META PLATFORMS INC A | P | 2019-04-16 | 2024-05-01 | $20,136 | $8,266 | $11,870 | $11,870 |
| MICROSOFT CORP | P | 2018-11-12 | 2024-02-01 | $14,939 | $3,983 | $10,956 | $10,956 |
| MICROSOFT CORP | P | 2018-11-12 | 2024-10-01 | $10,161 | $2,583 | $7,578 | $7,578 |
| MICROSOFT CORP | P | 2022-10-25 | 2024-07-10 | $13,922 | $7,485 | $6,437 | $6,437 |
| NESTLE S A ADR | P | 2019-02-08 | 2024-04-08 | $54,701 | $45,743 | $8,958 | $8,958 |
| NVR INC | P | 2023-03-20 | 2024-09-04 | $9,125 | $5,512 | $3,613 | $3,613 |
| NVR INC | P | 2023-03-20 | 2024-09-17 | $18,823 | $11,023 | $7,800 | $7,800 |
| SALESFORCE INC | P | 2019-01-10 | 2024-06-13 | $35,031 | $21,964 | $13,067 | $13,067 |
| SALESFORCE INC | P | 2019-04-16 | 2024-06-13 | $32,247 | $22,231 | $10,016 | $10,016 |
| UNION PAC CORP | P | 2021-09-02 | 2024-12-17 | $53,226 | $50,337 | $2,889 | $2,889 |
| WILLIAMS COS INC | P | 2022-06-22 | 2024-01-16 | $25,232 | $22,136 | $3,096 | $3,096 |
| META PLATFORMS INC A | P | 2018-12-14 | 2024-08-01 | $994 | $291 | $703 | $703 |
| ABBORT LABS | P | 2024-04-08 | 2024-08-12 | $40,087 | $41,110 | -$1,023 | -$1,023 |
| US TREASURY BILL | P | 2023-08-15 | 2024-02-15 | $1,130,000 | $1,099,865 | $30,135 | $30,135 |
| US TREASURY BILL | P | 2024-02-15 | 2024-08-15 | $1,160,000 | $1,130,244 | $29,756 | $29,756 |
| CAPITAL GAINS DIVIDENDS | P | $3,752 | $3,752 | $3,752 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $434,866 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $55,148 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $6,157 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $6,157 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $6,157 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $4,566 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $6,000 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $10,566 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $4,409 | OverpaymentAmt |
| Applied To ES Tax | $4,409 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | DE | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | Yes (1) | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | WWW.GROMETFOUNDATION.ORG | WebsiteAddressTxt |
| Individual With Books | SUNG STUBENBERG | IndividualWithBooksNm |
| Phone | 8083841456 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 40 E MAIN STREET SUITE 754 | AddressLine1Txt |
| City | NEWARK | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 19711 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (1) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | Yes (1) | BusinessHoldingsInd |
| Excess Business Holdings | 0 | ExcessBusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | 0 | TransactionsFailToQlfyAsExcInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 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 |
|---|---|---|---|---|---|---|---|---|
| JAMES A STUBENBERG | ||||||||
| 40 E MAIN STREET SUITE 754 | NEWARK | DE | 19711 | EXECUTIVE DIR/PRESIDENT/SEC/DIR | 30.00 | $137,550 | $0 | $0 |
| SUNG S STUBENBERG | ||||||||
| 40 E MAIN STREET SUITE 754 | NEWARK | DE | 19711 | CHIEF FINANCIAL OFFICER | 30.00 | $99,792 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | THERE ARE A TOTAL OF FORTY-FIVE (45) SCHOLARS IN THE PROGRAM. SCHOLARSHIP DISBURSEMENTS WERE MADE TO THE UNIVERSITIES OF TWENTY-SIX (26) SCHOLARS FOR UNMET ACADEMIC NEEDS IN THE AMOUNT OF $109,956. THE REMAINING SCHOLARS RECEIVE SERVICES DESIGNED TO ELIMINATE STUDENT DEBT. | Description1Txt |
| Expenses1 | $109,956 | Expenses1Amt |
| Description2 | IN ADDITION TO GRANTS FOR UNMET NEED FOR THE COST OF COLLEGE ATTENDANCE, THE FOUNDATION PROVIDES, AT ITS COST, THE FOLLOWING ADDITIONAL PROGRAMS: 1) ACADEMIC FINANCIAL AID COUNSELING WITH ANNUAL REVIEWS, 2) DECISION MAKING TOOLS TO ASSIST SCHOLARS IN COLLEGE SELECTION, 3) ACADEMIC MENTORING AND INTERVENTION SERVICES, 4) REFERRAL TO AFFILIATED PROVIDERS FOR ADDITIONAL FINANCIAL AID, 5) EMERGENCY AND CRISIS RESPONSE FUNDS, 6) FUNDS FOR STUDY ABROAD PROGRAMS IN ACCORDANCE WITH THE FOUNDATION STUDENT GUIDE, 7) TUITION FOR FRESHMAN ENGLISH IN THE SUMMER PRIOR TO THE FRESHMAN YEAR, 8) ORGANIZED SOCIAL GATHERINGS OF ITS SCHOLARS TO ENCOURAGE NETWORKING AND MENTORING BY UPPER CLASSMEN, AND 9) AN ALUMNI NETWORK. | Description2Txt |
| Expenses2 | $0 | Expenses2Amt |
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 | $7,570,103 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $15,322 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $3,172,465 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $10,757,890 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $10,757,890 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $161,368 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $10,596,522 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $529,826 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sect4942j3j5 Fndtn And Frgn Org | Yes (X) | Sect4942j3j5FndtnAndFrgnOrgInd |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $565,689 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $314 | CharitableAssetsAcquisPaidAmt |
| Qualifying Distributions | $566,003 | QualifyingDistributionsAmt |
Private Operating Foundations PrivateOperatingFoundationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Fndtn Ruling | 2018-01-01 | PrivateOperatingFndtnRulingDt |
| Section4942j3 | Yes (X) | Section4942j3Ind |
Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $243,790 | CurrentYearAmt |
| Year1 | $181,692 | Year1Amt |
| Year2 | $231,834 | Year2Amt |
| Year3 | $237,561 | Year3Amt |
| Total | $894,877 | TotalAmt |
Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $207,222 | CurrentYearAmt |
| Year1 | $154,438 | Year1Amt |
| Year2 | $197,059 | Year2Amt |
| Year3 | $201,927 | Year3Amt |
| Total | $760,645 | TotalAmt |
Qualifying Distributions QualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $566,003 | CurrentYearAmt |
| Year1 | $551,920 | Year1Amt |
| Year2 | $556,154 | Year2Amt |
| Year3 | $562,529 | Year3Amt |
| Total | $2,236,606 | TotalAmt |
Qualifying Distri Not Used Drt QualifyingDistriNotUsedDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $0 | CurrentYearAmt |
| Year1 | $0 | Year1Amt |
| Year2 | $0 | Year2Amt |
| Year3 | $0 | Year3Amt |
| Total | $0 | TotalAmt |
Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $566,003 | CurrentYearAmt |
| Year1 | $551,920 | Year1Amt |
| Year2 | $556,154 | Year2Amt |
| Year3 | $562,529 | Year3Amt |
| Total | $2,236,606 | TotalAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total Assets Sect4942j3 Bi TotalAssetsSect4942j3BiGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $353,217 | CurrentYearAmt |
| Year1 | $338,527 | Year1Amt |
| Year2 | $355,225 | Year2Amt |
| Year3 | $395,599 | Year3Amt |
| Total | $1,442,568 | TotalAmt |
Total Support TotalSupportGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Public Support Type PublicSupportType
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Largest Support From EO LargestSupportFromEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Gross Investment Income GrossInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | JAMES A STUBENBERG | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 40 E MAIN STREET SUITE 754 | AddressLine1Txt |
| City | NEWARK | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 19711 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 8083841456 | RecipientPhoneNum |
| Form And Info And Materials | APPLICATION SHOULD INCLUDE A COMPLETED APPLICATION FORM WITH REQUIRED ATTACHMENTS INCLUDING PERSONAL STATEMENTS, TWO LETTERS OF RECOMMENDATION, HIGH SCHOOL TRANSCRIPT, AND A COPY OF YOUR PRIOR YEAR TAX RETURN. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | OCTOBER 25 | SubmissionDeadlinesTxt |
| Restrictions On Awards | MUST BE FINANCIALLY DISADVANTAGED (< 150% OF FEDERAL POVERTY GUIDLINES), MINIMUM GPA OF 3.5, MUST BE ENROLLED IN A 4 YEAR COLLEGE, COMMUNITY COLLEGE ENROLLMENT IS NOT ELIGIBLE. | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (26 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | Address Line2RecipientUSAddress/AddressLine2Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|---|
| ARMOUR LISA | ||||||||
| C/O GROMET FOUNDATION 40 E MAIN | STREET SUITE 754 | NEWARK | DE | 19711 | NO RELATIONSHIP | N/A | STUDENT GRANT | $2,500 |
| BAGAOISON JYXZEL | ||||||||
| C/O GROMET FOUNDATION 40 E MAIN | STREET SUITE 754 | NEWARK | DE | 19711 | NO RELATIONSHIP | N/A | STUDENT GRANT | $1,000 |
| BALLESTEROS BETHANY | ||||||||
| C/O GROMET FOUNDATION 40 E MAIN | STREET SUITE 754 | NEWARK | DE | 19711 | NO RELATIONSHIP | N/A | STUDENT GRANT | $2,500 |
| BLASI MAYA P | ||||||||
| C/O GROMET FOUNDATION 40 E MAIN | STREET SUITE 754 | NEWARK | DE | 19711 | NO RELATIONSHIP | N/A | STUDENT GRANT | $5,000 |
| CALARA EUNICA | ||||||||
| C/O GROMET FOUNDATION 40 E MAIN | STREET SUITE 754 | NEWARK | DE | 19711 | NO RELATIONSHIP | N/A | STUDENT GRANT | $5,000 |
| CAMBE JESSICA G | ||||||||
| C/O GROMET FOUNDATION 40 E MAIN | STREET SUITE 754 | NEWARK | DE | 19711 | NO RELATIONSHIP | N/A | STUDENT GRANT | $2,500 |
| CAUDILL SKY | ||||||||
| C/O GROMET FOUNDATION 40 E MAIN | STREET SUITE 754 | NEWARK | DE | 19711 | NO RELATIONSHIP | N/A | STUDENT GRANT | $5,000 |
| GISMUNDO-HOOK ISABELLA | ||||||||
| C/O GROMET FOUNDATION 40 E MAIN | STREET SUITE 754 | NEWARK | DE | 19711 | NO RELATIONSHIP | N/A | STUDENT GRANT | $5,000 |
| GONZALES HERMARY | ||||||||
| C/O GROMET FOUNDATION 40 E MAIN | STREET SUITE 754 | NEWARK | DE | 19711 | NO RELATIONSHIP | N/A | STUDENT GRANT | $5,000 |
| GUERRERO TAYLER | ||||||||
| C/O GROMET FOUNDATION 40 E MAIN | STREET SUITE 754 | NEWARK | DE | 19711 | NO RELATIONSHIP | N/A | STUDENT GRANT | $7,500 |
| HARADA MANA | ||||||||
| C/O GROMET FOUNDATION 40 E MAIN | STREET SUITE 754 | NEWARK | DE | 19711 | NO RELATIONSHIP | N/A | STUDENT GRANT | $5,000 |
| KIM JENNA | ||||||||
| C/O GROMET FOUNDATION 40 E MAIN | STREET SUITE 754 | NEWARK | DE | 19711 | NO RELATIONSHIP | N/A | STUDENT GRANT | $5,000 |
| KRAINER LEA-EILEEN | ||||||||
| C/O GROMET FOUNDATION 40 E MAIN | STREET SUITE 754 | NEWARK | DE | 19711 | NO RELATIONSHIP | N/A | STUDENT GRANT | $2,500 |
| LE JOHNATHAN | ||||||||
| C/O GROMET FOUNDATION 40 E MAIN | STREET SUITE 754 | NEWARK | DE | 19711 | NO RELATIONSHIP | N/A | STUDENT GRANT | $10,000 |
| LE STEVEN | ||||||||
| C/O GROMET FOUNDATION 40 E MAIN | STREET SUITE 754 | NEWARK | DE | 19711 | NO RELATIONSHIP | N/A | STUDENT GRANT | $3,000 |
| LEE EUGENE | ||||||||
| C/O GROMET FOUNDATION 40 E MAIN | STREET SUITE 754 | NEWARK | DE | 19711 | NO RELATIONSHIP | N/A | STUDENT GRANT | $5,000 |
| LIANG ANSON | ||||||||
| C/O GROMET FOUNDATION 40 E MAIN | STREET SUITE 754 | NEWARK | DE | 19711 | NO RELATIONSHIP | N/A | STUDENT GRANT | $5,000 |
| LU TONY | ||||||||
| C/O GROMET FOUNDATION 40 E MAIN | STREET SUITE 754 | NEWARK | DE | 19711 | NO RELATIONSHIP | N/A | STUDENT GRANT | $1,883 |
| MERAFUENTES EMILINA | ||||||||
| C/O GROMET FOUNDATION 40 E MAIN | STREET SUITE 754 | NEWARK | DE | 19711 | NO RELATIONSHIP | N/A | STUDENT GRANT | $5,000 |
| PERPIGNAN THALIA | ||||||||
| C/O GROMET FOUNDATION 40 E MAIN | STREET SUITE 754 | NEWARK | DE | 19711 | NO RELATIONSHIP | N/A | STUDENT GRANT | $5,000 |
| POLLOCK KALEI | ||||||||
| C/O GROMET FOUNDATION 40 E MAIN | STREET SUITE 754 | NEWARK | DE | 19711 | NO RELATIONSHIP | N/A | STUDENT GRANT | $5,000 |
| QUIMOYOG-CABATBAT LILLAH | ||||||||
| C/O GROMET FOUNDATION 40 E MAIN | STREET SUITE 754 | NEWARK | DE | 19711 | NO RELATIONSHIP | N/A | STUDENT GRANT | $2,000 |
| VALERA RICHELLE | ||||||||
| C/O GROMET FOUNDATION 40 E MAIN | STREET SUITE 754 | NEWARK | DE | 19711 | NO RELATIONSHIP | N/A | STUDENT GRANT | $5,000 |
| VILORIA ALEXIS | ||||||||
| C/O GROMET FOUNDATION 40 E MAIN | STREET SUITE 754 | NEWARK | DE | 19711 | NO RELATIONSHIP | N/A | STUDENT GRANT | $5,638 |
| WONG WYLAND | ||||||||
| C/O GROMET FOUNDATION 40 E MAIN | STREET SUITE 754 | NEWARK | DE | 19711 | NO RELATIONSHIP | N/A | STUDENT GRANT | $2,935 |
| WU PELLIN | ||||||||
| C/O GROMET FOUNDATION 40 E MAIN | STREET SUITE 754 | NEWARK | DE | 19711 | NO RELATIONSHIP | N/A | STUDENT GRANT | $1,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $109,956 | 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 | $28,223 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $113,701 | ExclusionAmt |
Net Rntl Incm Re Debt Fincd Prop NetRntlIncmReDebtFincdPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 531120 | BusinessCd |
| Unrelated Business Taxbl Incm | $167,906 | UnrelatedBusinessTaxblIncmAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $434,866 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $167,906 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $576,790 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $744,696 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING | CategoryTxt |
| Amt | $31,727 | Amt |
| Net Investment Income | $3,173 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $3,173 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $28,554 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (17 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Prior Year DepreciationPriorYearDepreciationAmt | Computation MethodComputationMethodTxt | LifeLifeRt | Current Year ExpenseCurrentYearExpenseAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|---|---|---|---|---|
| LEGAL FILES | 1993-08-02 | $372 | $372 | SL | 7.000000000000 | $0 | $0 | $0 |
| EXECUTIVE CHAIR | 1993-08-02 | $142 | $142 | SL | 7.000000000000 | $0 | $0 | $0 |
| LEXINGTON SOFA | 1993-08-03 | $823 | $823 | SL | 7.000000000000 | $0 | $0 | $0 |
| LEXINGTON CHAIR | 1993-08-03 | $438 | $438 | SL | 7.000000000000 | $0 | $0 | $0 |
| OFFICE REFRIGERATOR | 1993-08-16 | $255 | $255 | SL | 7.000000000000 | $0 | $0 | $0 |
| CHAIRS | 2006-03-01 | $800 | $800 | 200DB | 7.000000000000 | $0 | $0 | $0 |
| CONFERENCE TABLE | 2006-03-01 | $1,050 | $1,050 | 200DB | 7.000000000000 | $0 | $0 | $0 |
| DESK | 2006-04-03 | $1,369 | $1,369 | 200DB | 7.000000000000 | $0 | $0 | $0 |
| LAPTOP | 2008-03-03 | $1,937 | $968 | 200DB | 5.000000000000 | $0 | $0 | $0 |
| LAPTOP | 2009-10-09 | $1,026 | $513 | 200DB | 5.000000000000 | $0 | $0 | $0 |
| LAPTOP | 2010-11-17 | $920 | 200DB | 5.000000000000 | $0 | $0 | $0 | |
| LAPTOP | 2010-10-15 | $920 | 200DB | 5.000000000000 | $0 | $0 | $0 | |
| COMPUTER | 2011-04-01 | $1,569 | 200DB | 5.000000000000 | $0 | $0 | $0 | |
| PRINTER | 2011-06-27 | $209 | 200DB | 5.000000000000 | $0 | $0 | $0 | |
| EQUIPMENT | 2019-02-18 | $1,258 | 200DB | 5.000000000000 | $0 | $0 | $42 | |
| EQUIPMENT | 2019-07-17 | $1,363 | 200DB | 5.000000000000 | $0 | $0 | $159 | |
| PRINTER | 2024-12-05 | $314 | 200DB | 5.000000000000 | $194 | $0 | $5 |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (2 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| CHARLES SCHWAB (FAIRVIEW) | $775,023 | $825,418 |
| CHARLES SCHWAB (OBERMEYER) | $801,488 | $897,272 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (3 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| CHARLES SCHWAB (FAIRVIEW) | $775,010 | $1,613,933 |
| CHARLES SCHWAB (OBERMEYER) | $1,467,977 | $2,531,752 |
| MORGAN STANLEY | $255,616 | $569,665 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $1,232,063 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $1,254,631 | USGovtObligationsEOYFMVAmt |
| State Local Sec Book Vl EOY | $0 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $0 | StateLocalSecEOYFMVAmt |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (17 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt |
|---|---|---|---|
| LEGAL FILES | $372 | $372 | $0 |
| EXECUTIVE CHAIR | $142 | $142 | $0 |
| LEXINGTON SOFA | $823 | $823 | $0 |
| LEXINGTON CHAIR | $438 | $438 | $0 |
| OFFICE REFRIGERATOR | $255 | $255 | $0 |
| CHAIRS | $800 | $800 | $0 |
| CONFERENCE TABLE | $1,050 | $1,050 | $0 |
| DESK | $1,369 | $1,369 | $0 |
| LAPTOP | $1,937 | $1,937 | $0 |
| LAPTOP | $1,026 | $1,026 | $0 |
| LAPTOP | $920 | $920 | $0 |
| LAPTOP | $920 | $920 | $0 |
| COMPUTER | $1,569 | $1,569 | $0 |
| PRINTER | $209 | $209 | $0 |
| EQUIPMENT | $1,258 | $1,258 | $0 |
| EQUIPMENT | $1,363 | $1,363 | $0 |
| PRINTER | $314 | $194 | $120 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (3 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| ORGANIZATION COST | $5,330 | $5,330 | $5,330 |
| INVESTMENT IN TEXAS ACQUISITION PARTNERS | -$29,951 | -$29,951 | |
| INVESTMENT IN ARAPAHOE PLAZA III LLC | -$1,231,989 | -$1,198,789 | $3,172,465 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PRIOR PERIOD ADJUSTMENTS | Desc |
| Amt | $718 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (13 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| DUES & SUBSCRIPTIONS | $2,026 | $203 | $203 | $1,823 |
| INSURANCE | $24,770 | $2,477 | $2,477 | $22,294 |
| TELEPHONE | $3,905 | $391 | $391 | $3,514 |
| POSTAGE FEES | $1,054 | $105 | $105 | $949 |
| NETWORK SERVICE | $1,360 | $136 | $136 | $1,224 |
| INVESTMENT FEES | $41,538 | $4,154 | $4,154 | $37,384 |
| SUPPLIES - MGT & GEN | $2,984 | $298 | $298 | $2,686 |
| SERVICE - WEBSITE/OTHER | $1,702 | $170 | $170 | $1,532 |
| MEMBERSHIP DUES | $270 | $270 | $270 | $0 |
| OTHER EXPENSES | $308 | $31 | $31 | $278 |
| BANK FEES | $60 | $6 | $6 | $54 |
| MISCELLANEOUS EXPENSE | $51,637 | $51,637 | $51,637 | $0 |
| PENALTIES | $24 | $0 | $0 | $0 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | NONTAXABLE DISTRIBUTIONS | Desc |
| Amt | $3,590 | Amt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| PAYROLL TAXES | $27,783 | $2,778 | $2,778 | $25,005 |
| FOREIGN TAXES | $340 | $340 | $340 | $0 |
| COLORADO UBI TAXES | $8,500 | $0 | $8,500 | $0 |
| FEDERAL UBI TAXES | $42,500 | $0 | $0 | $0 |