| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 3,480 | 0 | 3,480 |
| Identifier | Return Reference | Explanation |
|---|---|---|
| FORM 990-PF, PART VII-B, QUESTION #1A(2) | UNDER SECTION 4941(D) OF THE INTERNAL REVENUE CODE (I.R.C), THE LENDING OF MONEY BY A DISQUALIFIED PERSON TO A PRIVATE FOUNDATION SHALL NOT BE CONSIDERED SELF-DEALING IF THE LOAN IS WITHOUT INTEREST OR OTHER CHARGE (DETERMINED WITHOUT REGARD TO I.R.C. SECTION 7872) AND IF THE PROCEEDS OF THE LOAN ARE USED EXCLUSIVELY FOR PURPOSES SPECIFIED IN I.R.C. SECTION 501(C)(3).1) LOAN FROM: MARCO DEGEORGE, OFFICER2) LOAN TO: FOUNDATION FOR EXEMPT PURPOSES3) PURPOSE OF LOAN: FUTURE CONTRIBUTIONAMOUNT OF LOAN: $92,500INTEREST RATE: 0% |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PHOTO SHOOT | 4,596 | 0 | 4,596 | |
| LICENSES | 20 | 0 | 0 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| DUE TO ALO, LLC | 4,500 | 92,500 |