Attach to Form 990 or Form 990-EZ.
Information about Schedule A (Form 990 or 990-EZ) and its instructions is at www.irs.gov/form990.
| (i)Name of supported organization | (ii) EIN | (iii) Type of organization (described on lines 1- 9 above or IRC section (see instructions)) | (iv) Is the organization listed in your governing document? | (v) Amount of monetary support (see instructions) | (vi) Amount of other support (see instructions) | |
|---|---|---|---|---|---|---|
| Yes | No | |||||
| Total | ||||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2010 | (b) 2011 | (c) 2012 | (d) 2013 | (e) 2014 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") .... | 704,457 | 191,500 | 2,821,260 | 161,060 | 65,658 | 3,943,935 |
| 2 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf....... | ||||||
| 3 | The value of services or facilities furnished by a governmental unit to the organization without charge.. | ||||||
| 4 | Total. Add lines 1 through 3 | 704,457 | 191,500 | 2,821,260 | 161,060 | 65,658 | 3,943,935 |
| 5 | The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f).. | 3,264,206 | |||||
| 6 | Public support. Subtract line 5 from line 4. | 679,729 | |||||
Calendar year
(or fiscal year beginning in) ![]() |
(a) 2010 | (b) 2011 | (c) 2012 | (d) 2013 | (e) 2014 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 7 | Amounts from line 4.. | 704,457 | 191,500 | 2,821,260 | 161,060 | 65,658 | 3,943,935 |
| 8 | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources... | 2,061 | 1,922 | 327,228 | 25,925 | 86,650 | 443,786 |
| 9 | Net income from unrelated business activities, whether or not the business is regularly carried on.. | ||||||
| 10 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.).. | ||||||
| 11 | Total support Add lines 7 through 10. | 4,387,721 | |||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2010 | (b) 2011 | (c) 2012 | (d) 2013 | (e) 2014 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") . | ||||||
| 2 | Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose...... | ||||||
| 3 | Gross receipts from activities that are not an unrelated trade or business under section 513.. | ||||||
| 4 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf... | ||||||
| 5 | The value of services or facilities furnished by a governmental unit to the organization without charge.. | ||||||
| 6 | Total. Add lines 1 through 5. | ||||||
| 7a | Amounts included on lines 1, 2, and 3 received from disqualified persons... | ||||||
| b | Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year. | ||||||
| c | Add lines 7a and 7b.. | ||||||
| 8 | Public support (Subtract line 7c from line 6.) | 0 | |||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2010 | (b) 2011 | (c) 2012 | (d) 2013 | (e) 2014 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 9 | Amounts from line 6... | ||||||
| 10a | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources.. | ||||||
| b | Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975. | ||||||
| c | Add lines 10a and 10b. | ||||||
| 11 | Net income from unrelated business activities not included in line 10b, whether or not the business is regularly carried on. | ||||||
| 12 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.) .. | ||||||
| 13 | Total support. (Add lines 9, 10c, 11, and 12.).. | ||||||
| Section A - Adjusted Net Income | (A) Prior Year |
(B) Current Year (optional) |
||||
| 1 | Net short-term capital gain | 1 | ||||
| 2 | Recoveries of prior-year distributions | 2 | ||||
| 3 | Other gross income (see instructions) | 3 | ||||
| 4 | Add lines 1 through 3 | 4 | ||||
| 5 | Depreciation and depletion | 5 | ||||
| 6 | Portion of operating expenses paid or incurred for production or collection of gross income or for management, conservation, or maintenance of property held for production of income (see instructions) | 6 | ||||
| 7 | Other expenses (see instructions) | 7 | ||||
| 8 | Adjusted Net Income (subtract lines 5, 6 and 7 from line 4) | 8 | ||||
| Section B - Minimum Asset Amount | (A) Prior Year |
(B) Current Year (optional) |
||||
| 1 | Aggregate fair market value of all non-exempt-use assets (see instructions for short tax year or assets held for part of year): | 1 | ||||
| a | Average monthly value of securities | 1a | ||||
| b | Average monthly cash balances | 1b | ||||
| c | Fair market value of other non-exempt-use assets | 1c | ||||
| d | Total (add lines 1a, 1b, and 1c) | 1d | ||||
| e | Discount claimed for blockage or other factors (explain in detail in Part VI): | |||||
| 2 | Acquisition indebtedness applicable to non-exempt use assets | 2 | ||||
| 3 | Subtract line 2 from line 1d | 3 | ||||
| 4 | Cash deemed held for exempt use. Enter 1-1/2% of line 3 (for greater amount, see instructions). | 4 | ||||
| 5 | Net value of non-exempt-use assets (subtract line 4 from line 3) | 5 | ||||
| 6 | Multiply line 5 by .035 | 6 | ||||
| 7 | Recoveries of prior-year distributions | 7 | ||||
| 8 | Minimum Asset Amount (add line 7 to line 6) | 8 | ||||
| Section C - Distributable Amount | Current Year | |||||
| 1 | Adjusted net income for prior year (from Section A, line 8, Column A) | 1 | ||||
| 2 | Enter 85% of line 1 | 2 | ||||
| 3 | Minimum asset amount for prior year (from Section B, line 8, Column A) | 3 | ||||
| 4 | Enter greater of line 2 or line 3 | 4 | ||||
| 5 | Income tax imposed in prior year | 5 | ||||
| 6 | Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction (see instructions) | 6 | ||||
| 7 | Check here if the current year is the organization's first as a non-functionally-integrated Type III supporting organization (see instructions) | |||||
| Section D - Distributions | Current Year | |
|---|---|---|
| 1 Amounts paid to supported organizations to accomplish exempt purposes | ||
|
2
Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in excess of income from activity |
||
| 3 Administrative expenses paid to accomplish exempt purposes of supported organizations | ||
| 4 Amounts paid to acquire exempt-use assets | ||
| 5 Qualified set-aside amounts (prior IRS approval required) | ||
| 6 Other distributions (describe in Part VI). See instructions | ||
| 7Total annual distributions. Add lines 1 through 6. | ||
|
8
Distributions to attentive supported organizations to which the organization is responsive (provide details in Part VI). See instructions |
||
| 9 Distributable amount for 2014 from Section C, line 6 | ||
| 10 Line 8 amount divided by Line 9 amount | ||
| Section E - Distribution Allocations (see instructions) |
(i) Excess Distributions |
(ii) Underdistributions Pre-2014 |
(iii) Distributable Amount for 2014 |
|
|---|---|---|---|---|
|
1
Distributable amount for 2014 from Section C, line 6 |
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|
2
Underdistributions, if any, for years prior to 2014 (reasonable cause required--see instructions) |
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| 3 Excess distributions carryover, if any, to 2014: | ||||
| a From 2009.......X | ||||
| b From 2010.......X | ||||
| c From 2011.......X | ||||
| d From 2012.......X | ||||
| e From 2013....... | ||||
| fTotal of lines 3a through e | ||||
| g Applied to underdistributions of prior years | ||||
| h Applied to 2014 distributable amount | ||||
|
i
Carryover from 2009 not applied (see instructions) |
||||
| j Remainder. Subtract lines 3g, 3h, and 3i from 3f. | ||||
| 4Distributions for 2014 from Section D, line 7: | ||||
| $ | ||||
| a Applied to underdistributions of prior years | ||||
| b Applied to 2014 distributable amount | ||||
| c Remainder. Subtract lines 4a and 4b from 4. | ||||
|
5
Remaining underdistributions for years prior to 2014, if any. Subtract lines 3g and 4a from line 2 (if amount greater than zero, see instructions) |
||||
|
6
Remaining underdistributions for 2014. Subtract lines 3h and 4b from line 1 (if amount greater than zero, see instructions) |
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|
7 Excess distributions carryover to 2015. Add lines 3j and 4c. |
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| 8 Breakdown of line 7: | ||||
| a From 2010.......X | ||||
| b From 2011.......X | ||||
| c From 2012.......X | ||||
| d From 2013....... | ||||
| e From 2014....... | ||||
| Facts And Circumstances Test |
|---|
| Return Reference | Explanation |
|---|---|
| Pt II Ln 17a | Facts and Circumstances |
| Pt II Ln 17a | Under Treas. Reg. 1.170A-9(F)(3), an organization is publicly supported if it normally receives a substantial part of its support from governmental units, from contributions made directly or indirectly by the general public, or from a combination of these sources, and meets the other requirements set forth in Treas. Reg. 1.170A-9(F)(3). |
| Pt II Ln 17a | Beanstalk Foundation ("Beanstalk") meets all of the requirements to be publicly supported under Treas. Reg. 1.170A-9(F)(3) for its 2014 tax year. |
| Pt II Ln 17a | First, under Treas. Reg. Reg. 1.170A-9(F)(3)(I) the percentage of support normally received by the organization from the above sources must be substantial. See Treas. Reg. Reg. 1.170A-9(F)(3). For purposes of this requirement, an organization will not be treated as normally receiving a substantial amount of governmental or public support unless the amount of the governmental or public support normally received equals at least ten percent of the total support normally received by the organization. As already set forth on Beanstalk's 2014 Form 990, Schedule A, Part II, the amount of governmental or public support normally received by Beanstalk equals 15.49% of the total support received by Beanstalk. Therefore, the percentage of support normally received by Beanstalk from such sources is deemed to be "substantial". |
| Pt II Ln 17a | Second, the organization must be so organized and operated as to attract new and additional public or governmental support on a continuous basis. An organization will be considered to meet this requirement if it "maintains a continuous and bona fide program for solicitation of funds from the general public, community, or membership group involved, or if it carries on activities designed to attract support from governmental units or other organizations described in sections [170(B)(1)(A)(I)] through [170(B)(1)(A)(VI)] of the Internal Revenue Code." |
| Pt II Ln 17a | As already described in Beanstalk's initial form 1023 and its yearly forms 990, Beanstalk maintains a significant, continuous and bona fide program for solicitation of funds from the general public. Specifically, Beanstalk's core mission is to identify issues or problems within the community ("projects"), and leaders within the community that are uniquely suited to resolving such issues and problems with additional resources and support ("leaders"). Upon identifying projects and leaders, Beanstalk uses its web page, social media, events and other resources to: (1) educate the general public regarding the importance of such projects to the community; and (2) solicit donations from the general public, where donors wish their dollars to support such projects. In essence, Beanstalk's focus is to energize the general public to support identified projects with donations of any size. Beanstalk will generally set a fundraising goal with respect to each project and then update project supporters and the general public via Beanstalk's web page. At the completion of the fundraising timeframe, if certain due diligence undertaken by Beanstalk is met, Beanstalk will convey the donated funds to directly support the project's particular charitable program or programs. Beanstalk's support of projects and leaders has grown in recent years, with corresponding increase in its program to solicit funds from the general public. Overall, the scope of such program is significant in light of Beanstalk's charitable activities. |
| Pt II Ln 17a | Third, the organization must satisfy as many of the factors outlined in Treas. Reg. 1.170A-9(F)(3)(III)(A)-(D) as possible. |
| Pt II Ln 17a | Beanstalk clearly satisfies most of these factors. Most importantly, Beanstalk receives its public support by reason of identifying and supporting projects that are of significant interest to a wide segment of the community - including hunger, local food/green growing, persons with developmental disabilities, veterans, health/wellness, safety, the arts, education, and many other areas. Importantly, Beanstalk's charitable mission does not involve a special field of relevance only to a limited number of persons - as a basic matter, Benatalk's activities touch a wide and diverse portion of the community. |
| Pt II Ln 17a | Beanstalk's governing body includes its founder, plus two individuals who are not related to the founder. Those individuals have significant expertise and knowledge relating to the identification of projects and leaders within the community, and the best use of dollars and assets to support such projects and leaders. Importantly, Beanstalk's Board of Directors frequently meets with Beanstalk's "Advisory Board," which generally has around seven to eight members. Beanstalk's Advisory Board is comprised of a variety of individuals from all segments of the community who are interested in supporting Beanstalk's mission, and includes nonprofit experts, financials investors/analysts, a lawyer, and individuals within other areas of expertise of relevance to a community-based charitable program. Beanstalk's Advisory Board cannot make decisions on behalf of Beanstalk; however, Beanstalk's Board of Directors frequently consults and meets with the Advisory Board - generally on a quarterly basis - to discuss the direction of Beanstalk and how best to accomplish Beanstalk's overall mission. |
| Pt II Ln 17a | Beanstalk's activities result in direct benefits for members of the general public. Specifically, when Beanstalk gives monetary and other support to a project, such dollars and support must be used to provide specific charitable services for the benefit of a wide segment of the general public (e.g., meals for the hungry, jobs for the developmentally-disabled, support for foster children, assistance for returning veterans or addiction recovery services). |
| Pt II Ln 17a | The leaders who work with Beanstalk are, by definition, members of the public having special knowledge or expertise in problems, concerns or issues of significance to the community (i.e., disabilities, foster children, local food and green growing, education, health and wellness, veterans issues, addiction recovery, poverty/homelessness) - they are selected by Beanstalk as leaders precisely because of such qualification. Furthermore, Beanstalk's interaction with leaders is not merely to fundraise for their projects, it is also to educate and assist the leaders so that their projects may achieve sustainability. |
| Pt II Ln 17a | Finally, while Beanstalk's percentage of support from public or government sources is not yet significantly above the ten percent threshold, such percentage has increased since Beanstalk's initial formation. Beanstalk's percentage may reasonably be expected to further increase above the ten percent threshold due to Beanstalk's active fundraising program and growing number of projects. |
| Software ID: | 14000261 |
| Software Version: |
Attach to Form 990 or 990-EZ.
Information about Schedule O (Form 990 or 990-EZ) and its instructions is at| Return Reference | Explanation |
|---|---|
| Other | Part III - Program Service, Line 4A Beanstalk Foundation will make grants to other non-profit organizations to further enhance and improve their work within their communities. Beanstalk Foundation will make grants designed to assist individuals and families that have encountered unexpected and severe financial hardship due to sickness and other unforeseen circumstances. Grants will be facilitated by individuals identified and invited by Beanstalk Foundation that have an identified and existing connection within their community. All grants will be approved by Beanstalk Foundation. The Beanstalk Foundation will also provide administrative support to encourage community involvement and improvement through fundraising, education, social networking and volunteerism. Beanstalk will keep donors, volunteers, community members and fundraising groups updated with E-newsletters and emails on an as-needed basis. |
| Other | Part VI Compensation Policy - Ted Stolberg and Margaret Casart will discuss and approve any compensation made. |
| Pt VI, Line 12c | Part VI Conflict of Interest Policy - Annual signing of the conflict of interest policy by officers. Annual verbal review with Executive Director by Board President. |
| Other | Part VI, Line 14 Document Retention Policy - The policy was written in the fourth quarter of 2012. It went into effect 1/1/13. |
| Pt VI, Line 2 | Part VI Business Relationship - Diana Crabtree Green is paid by Ted Stolberg, President of Beanstalk Foundation, for individual accounting services provided by Ms. Green to Mr. Stolberg. |
| Pt VI, Line 11b | The Form 990 is reviewed by all voting members of the Board. |
| Pt VI, Line 15a | Compensation is determined by discussion and approval by both the President and VP. |
| Pt VI, Line 15b | Compensation is determined by discussion and approval by both the President and VP. |
| Pt XI | Gains not recorded on books $12,221 |
| Software ID: | 14000261 |
| Software Version: |