-
TIN:
Form
990-PF
Department of the Treasury
Internal Revenue Service
Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
Do not enter social security numbers on this form as it may be made public.
Go to
www.irs.gov/Form990PF
for instructions and the latest information.
OMB No. 1545-0052
20
19
Open to Public Inspection
For calendar year 2019, or tax year beginning
01-01-2019
, and ending
12-31-2019
Name of foundation
ALLETTA MORRIS MCBEAN CHARITABLE TRUST
Number and street (or P.O. box number if mail is not delivered to street address)
78140 CALLE TAMPICO SUITE 104
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
LA QUINTA
,
CA
92253
A Employer identification number
94-3019660
B
Telephone number (see instructions)
(760) 564-3000
C
If exemption application is pending, check here
G
Check all that apply:
Initial return
Initial return of a former public charity
Final return
Amended return
Address change
Name change
D 1.
Foreign organizations, check here.............
2
. Foreign organizations meeting the 85%
test, check here and attach computation ...
E
If private foundation status was terminated
under section 507(b)(1)(A), check here .......
H
Check type of organization:
Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust
Other taxable private foundation
F
If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here .......
I
Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)
$
70,265,284
J
Accounting method:
Cash
Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)
Part I
Analysis of Revenue and Expenses
(The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).)
(a)
Revenue and
expenses per
books
(b)
Net investment
income
(c)
Adjusted net
income
(d)
Disbursements
for charitable
purposes
(cash basis only)
1
Contributions, gifts, grants, etc., received (attach schedule)
2
Check
.............
3
Interest on savings and temporary cash investments
21,771
21,771
21,771
4
Dividends and interest from securities
...
818,081
818,081
818,081
5a
Gross rents
............
b
Net rental income or (loss)
6a
Net gain or (loss) from sale of assets not on line 10
4,388,445
b
Gross sales price for all assets on line 6a
17,245,998
7
Capital gain net income (from Part IV, line 2)
...
4,388,445
8
Net short-term capital gain
.........
9
Income modifications
...........
10a
Gross sales less returns and allowances
b
Less: Cost of goods sold
....
c
Gross profit or (loss) (attach schedule)
.....
11
Other income (attach schedule)
.......
22,895
1,170
21,725
12
Total.
Add lines 1 through 11
........
5,251,192
5,229,467
861,577
13
Compensation of officers, directors, trustees, etc.
75,000
24,997
0
50,003
14
Other employee salaries and wages
......
15
Pension plans, employee benefits
.......
16a
Legal fees (attach schedule)
.........
b
Accounting fees (attach schedule)
.......
c
Other professional fees (attach schedule)
....
418,966
417,232
0
0
17
Interest
...............
18
Taxes (attach schedule) (see instructions)
...
92,013
1,955
0
3,918
19
Depreciation (attach schedule) and depletion
...
20
Occupancy
..............
21,201
10,601
0
10,600
21
Travel, conferences, and meetings
.......
5,067
0
0
5,067
22
Printing and publications
..........
23
Other expenses (attach schedule)
.......
86,267
18,458
0
67,809
24
Total operating and administrative expenses.
Add lines 13 through 23
..........
698,514
473,243
0
137,397
25
Contributions, gifts, grants paid
.......
2,295,000
2,295,000
26
Total expenses and disbursements.
Add lines 24 and 25
2,993,514
473,243
0
2,432,397
27
Subtract line 26 from line 12:
a
Excess of revenue over expenses and disbursements
2,257,678
b
Net investment income
(if negative, enter -0-)
4,756,224
c
Adjusted net income
(if negative, enter -0-)
...
861,577
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X
Form
990-PF
(2019)
Form 990-PF (2019)
Page
2
Part II
Balance Sheets
Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)
Beginning of year
End of year
(a)
Book Value
(b)
Book Value
(c)
Fair Market Value
1
Cash—non-interest-bearing
.............
11,597
6,786
6,786
2
Savings and temporary cash investments
.........
1,537,130
1,283,938
1,283,938
3
Accounts receivable
Less: allowance for doubtful accounts
4
Pledges receivable
Less: allowance for doubtful accounts
5
Grants receivable
.................
6
Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions)
.....
7
Other notes and loans receivable (attach schedule)
Less: allowance for doubtful accounts
8
Inventories for sale or use
..............
9
Prepaid expenses and deferred charges
..........
10a
Investments—U.S. and state government obligations (attach schedule)
b
Investments—corporate stock (attach schedule)
.......
20,600,329
23,092,086
66,134,092
c
Investments—corporate bonds (attach schedule)
.......
1,000,747
1,000,747
1,165,700
11
Investments—land, buildings, and equipment: basis
Less: accumulated depreciation (attach schedule)
12
Investments—mortgage loans
.............
13
Investments—other (attach schedule)
..........
1,568,655
1,590,433
1,663,382
14
Land, buildings, and equipment: basis
Less: accumulated depreciation (attach schedule)
15
Other assets (describe
)
9,240
11,386
11,386
16
Total assets
(to be completed by all filers—see the
instructions. Also, see page 1, item I)
24,727,698
26,985,376
70,265,284
17
Accounts payable and accrued expenses
..........
18
Grants payable
.................
19
Deferred revenue
.................
20
Loans from officers, directors, trustees, and other disqualified persons
21
Mortgages and other notes payable (attach schedule)
......
22
Other liabilities (describe
)
23
Total liabilities
(add lines 17 through 22)
.........
0
0
Foundations that follow FASB ASC 958, check here
and complete lines 24, 25, 29 and 30.
24
Net assets without donor restrictions
...........
25
Net assets with donor restrictions
............
Foundations that do not follow FASB ASC 958, check here
and complete lines 26 through 30.
26
Capital stock, trust principal, or current funds
........
24,727,698
26,985,376
27
Paid-in or capital surplus, or land, bldg., and equipment fund
0
0
28
Retained earnings, accumulated income, endowment, or other funds
0
0
29
Total net assets or fund balances
(see instructions)
.....
24,727,698
26,985,376
30
Total liabilities and net assets/fund balances
(see instructions)
.
24,727,698
26,985,376
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return)
...............
1
24,727,698
2
Enter amount from Part I, line 27a
.....................
2
2,257,678
3
Other increases not included in line 2 (itemize)
3
0
4
Add lines 1, 2, and 3
..........................
4
26,985,376
5
Decreases not included in line 2 (itemize)
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29
.
6
26,985,376
Form
990-PF
(2019)
Form 990-PF (2019)
Page
3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a)
List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)
(b)
How acquired
P—Purchase
D—Donation
(c)
Date acquired
(mo., day, yr.)
(d)
Date sold
(mo., day, yr.)
1 a
1,848 SHS AERIE PHARMACEUTICALS #10/MS
P
2019-03-27
2019-06-18
b
1,030 SHS AERIE PHARMACEUTICALS #11/MS
P
2019-04-24
2019-07-09
c
438 SHS AERIE PHARMACEUTICALS #12/MS
P
2019-05-08
2019-07-09
d
64 SHS AERIE PHARMACEUTICALS #12/MS_SLD#1
P
2019-05-08
2019-06-18
e
152 SHS AERIE PHARMACEUTICALS #13/MS
P
2019-05-10
2019-06-18
3,110 SHS AERIE PHARMACEUTICALS #14/MS
P
2019-05-13
2019-07-09
1,278 SHS AERIE PHARMACEUTICALS #4/MS
P
2018-12-03
2019-06-18
5,522 SHS AERIE PHARMACEUTICALS #5/MS
P
2018-12-04
2019-06-18
2,370 SHS AERIE PHARMACEUTICALS #6/MS
P
2019-01-14
2019-06-18
2,750 SHS AERIE PHARMACEUTICALS #7/MS
P
2019-03-06
2019-06-18
2,036 SHS AERIE PHARMACEUTICALS #8/MS
P
2019-03-22
2019-06-18
166 SHS AERIE PHARMACEUTICALS #9/MS
P
2019-03-26
2019-06-18
2,050 SHS ALGONQUIN POWER & UTILITIES
P
2019-10-11
2019-10-24
6,500 SHS ALIBABA GROUP HOLDING LTD #1/MS
P
2019-04-05
2019-08-05
1,350 SHS ALIBABA GROUP HOLDING LTD #2/MS
P
2019-04-10
2019-08-05
1,110 SHS ALIBABA GROUP HOLDING LTD #3/MS
P
2019-05-09
2019-08-06
450 SHS AVANTOR INC
P
2019-05-17
2019-05-17
2,375 SHS BELLRING BRANDS INC
P
2019-10-17
2019-10-17
6,000 SHS BRISTOL MYERS SQUIBB RIGHTS/MS
P
2019-11-21
2019-12-06
1,000 SHS CABALETTA BIO INC
P
2019-10-25
2019-10-25
1,000 SHS CENTERPOINT ENERGY
P
2018-09-26
2019-03-21
2,000 SHS CHERRY HILL MTG INVT CORP
P
2018-05-31
2019-03-21
1,000 SHS CHEWY INC CL A
P
2019-06-14
2019-06-14
150 SHS CLOUDFLARE INC CL A
P
2019-09-01
2019-09-13
12,005 SHS COCA COLA CO #5/MS
P
2018-10-29
2019-02-14
1,100 SHS CONSTELLATION BRANDS INC #5/MS
P
2019-10-03
2019-12-31
1,700 SHS CONSTELLATION BRANDS INC #6/MS
P
2019-10-04
2019-12-31
1,000 SHS CONSTELLATION BRANDS INC #7/MS
P
2019-10-11
2019-12-31
100 SHS DATADOG INC CL A
P
2019-09-19
2019-09-19
65,200 SHS GENERAL ELECTRIC CO #7/MS
P
2019-01-07
2019-08-15
250 SHS GENERAL ELECTRIC CO #7/MS_SLD#1
P
2019-01-07
2019-04-24
9,800 SHS GENERAL ELECTRIC CO #7/MS_SLD#2
P
2019-01-07
2019-04-25
11,700 SHS GENERAL ELECTRIC CO #8/MS
P
2019-02-25
2019-04-03
1,870 SHS GILEAD SCIENCES INC #15/MS
P
2018-12-31
2019-04-24
200 SHS GROCERY OUTLET HLDG CORP
P
2019-06-20
2019-06-20
350 SHS ILLUMINA INC #3/MS
P
2018-12-19
2019-01-31
440 SHS ILLUMINA INC #4/MS
P
2018-12-20
2019-03-05
300 SHS ILLUMINA INC #5/MS_SLD#1
P
2018-12-21
2019-03-05
400 SHS MGM GROWTH PROPERTIES LLC
P
2019-11-20
2019-12-12
47,730.661 SHS MSIF ULTRA-SHORT INCOME IR #1/MS_SLD#1
P
2018-12-31
2019-02-01
104.022 SHS MSIF ULTRA-SHORT INCOME IR #2/MS
P
2019-01-31
2019-02-05
280 SHS NETFLIX INC #5/MS
P
2018-10-16
2019-07-22
565 SHS NETFLIX INC #6/MS
P
2018-10-23
2019-09-20
635 SHS NETFLIX INC #7/MS
P
2018-10-26
2019-09-20
475 SHS NETFLIX INC #8/MS
P
2018-11-28
2019-09-20
690 SHS NETFLIX INC #9/MS
P
2018-12-14
2019-09-20
205 SHS NVIDIA CORPORATION #2/MS
P
2018-05-14
2019-04-24
3,000 SHS NVIDIA CORPORATION #3/MS
P
2018-11-16
2019-05-31
1,250 SHS ONECONNECT FINL TECHNOLOGY
P
2019-12-13
2019-12-13
200 SHS PREVAIL THERAPEUTICS INC
P
2019-06-20
2019-06-20
800 SHS Q&K INTL GROUP LTD
P
2019-11-05
2019-11-05
150 SHS SHOCKWAVE MED INC
P
2019-11-15
2019-11-15
80 SHS THERMO FISHER SCIENTIFIC #7/MS_SLD#1
P
2019-07-24
2019-10-04
1,000 SHS UBER TECHNOLOGIES INC
P
2019-05-10
2019-05-10
16,100 SHS UBER TECHNOLOGIES INC/MS
P
2019-06-05
2019-08-13
1,365 SHS UNITED TECHNOLOGIES #10/MS
P
2019-04-24
2019-10-04
2,950 SHS UNITED TECHNOLOGIES #8/MS
P
2019-03-25
2019-10-04
685 SHS UNITED TECHNOLOGIES #9/MS
P
2019-04-23
2019-07-22
1,000 SHS UNITED TECHNOLOGIES #9/MS_SLD#1
P
2019-04-23
2019-06-03
404.167 SHS WABTEC CORP #1/MS
P
2019-02-26
2019-03-04
62.841 SHS WABTEC CORP #2/MS
P
2019-02-26
2019-03-04
150 SHS XP INC CL A
P
2019-12-11
2019-12-11
200 SHS YOUDAO INC
P
2019-10-25
2019-10-25
1,965 SHS ABBVIE INC #1/MS
P
2013-04-23
2019-06-04
1,000 SHS ABBVIE INC #1/MS_SLD#2
P
2013-04-23
2019-02-25
1,775 SHS ABBVIE INC #1/MS_SLD#3
P
2013-04-23
2019-04-23
1,225 SHS ABBVIE INC #1/MS_SLD#4
P
2013-04-23
2019-05-22
1,175 SHS ABBVIE INC #2//MS
P
2013-04-25
2019-10-04
535 SHS ABBVIE INC #2//MS_SLD#1
P
2013-04-25
2019-06-04
3,000 SHS ABBVIE INC #2//MS_SLD#2
P
2013-04-25
2019-08-02
3,325 SHS ABBVIE INC #4/MS
P
2013-06-17
2019-10-04
400 SHS BAIDU.COM INC #4/MS
P
2007-03-14
2019-05-22
500 SHS BAIDU.COM INC #5/MS_SLD#1
P
2007-04-02
2019-05-22
2,000 SHS BAIDU.COM INC #5/MS_SLD#2
P
2007-04-02
2019-10-04
500 SHS BERKSHIRE HATHWY CLB #3/MS
P
2009-05-01
2019-05-21
500 SHS BERKSHIRE HATHWY CLB #5/MS_SLD#1
P
2009-06-03
2019-05-21
2,500 SHS BRISTOL MYERS SQUIBB #1/MS
P
2011-09-08
2019-04-04
7,000 SHS BRISTOL MYERS SQUIBB #2/MS
P
2011-09-09
2019-04-04
5,000 SHS BRISTOL MYERS SQUIBB #3/MS
P
2011-09-12
2019-04-04
6,000 SHS CELGENE CORPORATION #1/MS
P
2006-05-17
2019-11-21
14 SHS CELGENE CORPORATION #11/MS
P
2007-12-10
2019-04-24
2986 SHS CELGENE CORPORATION #11/MS_SLD#2
P
2007-12-10
2019-04-01
1,000 SHS CELGENE CORPORATION #2/MS
P
2006-08-04
2019-04-24
1,000 SHS CELGENE CORPORATION #3/MS
P
2006-08-08
2019-04-24
2,000 SHS CELGENE CORPORATION #4/MS
P
2006-08-10
2019-04-24
2,000 SHS CELGENE CORPORATION #5/MS
P
2006-08-25
2019-04-24
1,000 SHS CISCO SYSTEMS INC #1/MS
P
1994-03-10
2019-10-11
4,000 SHS FEDEX CORP #1/MS
P
1998-02-02
2019-10-11
3,500 SHS FEDEX CORP #2/MS
P
1998-05-04
2019-10-04
500 SHS FEDEX CORP #2/MS_SLD#1
P
1998-05-04
2019-09-17
500 SHS FEDEX CORP #3/MS
P
2003-05-01
2019-05-22
3,500 SHS GILEAD SCIENCES INC #1/MS
P
2006-08-31
2019-10-11
2,500 SHS GILEAD SCIENCES INC #1/MS_SLD11
P
2006-08-31
2019-06-03
400 SHS HOME DEPOT INC #2/MS_SLD#3
P
2012-02-15
2019-06-03
1,000 SHS JPMORGAN CHASE & CO #3/MS
P
2008-07-02
2019-04-24
3,500 SHS JPMORGAN CHASE & CO #3/MS_SLD10
P
2008-07-02
2019-03-25
500 SHS LOCKHEED MARTIN CORP #4/MS_SLD#1
P
2017-05-22
2019-06-03
750 SHS LYONDELLBASELL INDUSTRIES NV #1/MS
P
2012-11-02
2019-04-24
500 SHS LYONDELLBASELL INDUSTRIES NV #1/MS_SLD#1
P
2012-11-02
2019-03-21
2,350 SHS LYONDELLBASELL INDUSTRIES NV #1/MS_SLD#2
P
2012-11-02
2019-04-02
6,000 SHS LYONDELLBASELL INDUSTRIES NV #2/MS
P
2012-11-15
2019-10-04
300 SHS LYONDELLBASELL INDUSTRIES NV #2/MS_SLD#1
P
2012-11-15
2019-06-04
700 SHS LYONDELLBASELL INDUSTRIES NV #3/MS
P
2012-12-06
2019-06-04
400 SHS LYONDELLBASELL INDUSTRIES NV #3/MS_SLD#1
P
2012-12-06
2019-04-24
1,500 SHS LYONDELLBASELL INDUSTRIES NV #3/MS_SLD#2
P
2012-12-06
2019-06-03
1,500 SHS LYONDELLBASELL INDUSTRIES NV #4/MS
P
2012-12-21
2019-03-21
1,000 SHS LYONDELLBASELL INDUSTRIES NV #6/MS
P
2013-04-08
2019-03-21
395 SHS MICROSOFT CORP #3/MS
P
2015-12-15
2019-04-24
555 SHS MICROSOFT CORP #4/MS_SLD#1
P
2015-12-18
2019-04-24
300 SHS NETFLIX INC #2/MS
P
2018-04-27
2019-09-20
100 SHS NETFLIX INC #3/MS
P
2018-05-07
2019-07-22
635 SHS NETFLIX INC #4/MS
P
2018-07-17
2019-07-22
1,795 SHS NVIDIA CORPORATION #1/MS
P
2017-05-31
2019-05-31
1,200 SHS PHILLIPS 66 WI #3/MS_SLD#1
P
2012-11-28
2019-05-22
800 SHS PHILLIPS 66 WI #4/MS
P
2013-01-09
2019-05-22
5,000 SHS SCHLUMBERGER LTD #3/MS
P
2002-11-29
2019-05-09
5,000 SHS SCHLUMBERGER LTD #3/MS_SLD#1
P
2002-11-29
2019-05-09
2,000 SHS SCHLUMBERGER LTD #4/MS
P
2003-07-15
2019-02-25
1,000 SHS UNITED TECHNOLOGIES #2/MS
P
2002-12-30
2019-10-04
4,000 SHS WELLS FARGO COMPANY #1/MS
P
2002-12-30
2019-02-25
1,000 SHS WELLS FARGO COMPANY #4/MS_SLD#1
P
2009-03-12
2019-06-04
2,000 SHS WELLS FARGO COMPANY #5/MS
P
2009-03-31
2019-05-22
2,500 SHS WELLS FARGO COMPANY #5/MS_SLD#1
P
2009-03-31
2019-03-20
500 SHS WELLS FARGO COMPANY #5/MS_SLD#2
P
2009-03-31
2019-04-24
(e)
Gross sales price
(f)
Depreciation allowed
(or allowable)
(g)
Cost or other basis
plus expense of sale
(h)
Gain or (loss)
(e) plus (f) minus (g)
a
62,961
81,640
-18,679
b
26,786
39,526
-12,740
c
11,391
17,719
-6,328
d
2,180
2,589
-409
e
5,179
6,409
-1,230
80,879
123,988
-43,109
43,541
52,382
-8,841
188,134
229,678
-41,544
80,746
100,070
-19,324
93,692
126,721
-33,029
69,366
95,220
-25,854
5,656
7,397
-1,741
28,543
27,675
868
1,000,392
1,201,154
-200,762
207,774
250,393
-42,619
175,277
198,523
-23,246
6,406
6,300
106
37,121
33,250
3,871
14,492
13,800
692
9,494
11,000
-1,506
30,526
27,250
3,276
34,660
36,100
-1,440
39,730
22,000
17,730
2,696
2,250
446
550,853
556,453
-5,600
208,275
214,098
-5,823
321,880
327,603
-5,723
189,341
194,163
-4,822
3,861
2,700
1,161
521,296
561,007
-39,711
2,313
2,151
162
89,417
84,323
5,094
118,387
127,660
-9,273
117,463
116,402
1,061
5,894
4,400
1,494
98,001
106,586
-8,585
134,211
129,711
4,500
91,507
86,932
4,575
11,578
12,500
-922
478,261
477,783
478
1,042
1,042
0
86,647
95,974
-9,327
151,991
179,710
-27,719
170,822
193,224
-22,402
127,780
127,040
740
185,618
186,773
-1,155
39,303
52,791
-13,488
410,943
491,003
-80,060
12,906
12,500
406
2,529
3,400
-871
14,165
13,600
565
5,844
5,438
406
23,167
22,995
172
43,454
45,000
-1,546
587,470
711,786
-124,316
180,499
189,870
-9,371
390,089
370,000
20,089
90,998
95,918
-4,920
126,361
140,026
-13,665
29,453
31,549
-2,096
4,579
4,905
-326
4,939
4,050
889
2,914
3,400
-486
151,077
88,880
62,197
80,191
45,232
34,959
140,284
80,286
59,998
98,280
55,409
42,871
87,929
51,959
35,970
41,133
23,658
17,475
196,017
132,662
63,355
248,821
142,735
106,086
47,032
3,773
43,259
58,790
4,679
54,111
208,311
18,716
189,595
101,760
30,413
71,347
101,760
29,321
72,439
116,037
75,007
41,030
324,905
204,499
120,406
232,075
145,855
86,220
652,260
116,877
535,383
1,303
342
961
279,742
72,998
206,744
93,091
23,439
69,652
93,091
21,750
71,341
186,183
41,682
144,501
186,183
42,079
144,104
47,051
2,152
44,899
580,714
131,450
449,264
494,610
118,191
376,419
86,926
16,884
70,042
81,675
29,448
52,227
224,255
55,449
168,806
159,867
39,607
120,260
75,654
18,360
57,294
113,794
34,957
78,837
346,422
122,348
224,074
171,684
139,918
31,766
67,717
39,324
28,393
44,306
26,216
18,090
209,836
123,217
86,619
511,314
273,350
237,964
24,270
13,668
10,602
56,629
36,477
20,152
36,116
20,844
15,272
116,045
78,164
37,881
132,919
82,583
50,336
88,613
58,760
29,853
49,395
21,821
27,574
69,403
30,571
38,832
80,703
93,444
-12,741
30,945
32,629
-1,684
196,502
224,694
-28,192
245,881
258,653
-12,772
102,893
61,280
41,613
68,595
41,184
27,411
199,077
111,194
87,883
201,299
111,194
90,105
89,670
46,219
43,451
132,234
30,645
101,589
200,140
94,600
105,540
45,461
12,807
32,654
92,219
29,400
62,819
127,474
36,750
90,724
23,762
7,350
16,412
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69
(l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-)
or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69
(j)
Adjusted basis
as of 12/31/69
(k)
Excess of col. (i)
over col. (j), if any
a
-18,679
b
-12,740
c
-6,328
d
-409
e
-1,230
-43,109
-8,841
-41,544
-19,324
-33,029
-25,854
-1,741
868
-200,762
-42,619
-23,246
106
3,871
692
-1,506
3,276
-1,440
17,730
446
-5,600
-5,823
-5,723
-4,822
1,161
-39,711
162
5,094
-9,273
1,061
1,494
-8,585
4,500
4,575
-922
478
0
-9,327
-27,719
-22,402
740
-1,155
-13,488
-80,060
406
-871
565
406
172
-1,546
-124,316
-9,371
20,089
-4,920
-13,665
-2,096
-326
889
-486
62,197
34,959
59,998
42,871
35,970
17,475
63,355
106,086
43,259
54,111
189,595
71,347
72,439
41,030
120,406
86,220
535,383
961
206,744
69,652
71,341
144,501
144,104
44,899
449,264
376,419
70,042
52,227
168,806
120,260
57,294
78,837
224,074
31,766
28,393
18,090
86,619
237,964
10,602
20,152
15,272
37,881
50,336
29,853
27,574
38,832
-12,741
-1,684
-28,192
-12,772
41,613
27,411
87,883
90,105
43,451
101,589
105,540
32,654
62,819
90,724
16,412
2
Capital gain net income or (net capital loss)
If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7
2
4,388,445
3
Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8
...................
3
-805,827
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)
If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
Yes
No
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1
Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in)
(b)
Adjusted qualifying distributions
(c)
Net value of noncharitable-use assets
(d)
Distribution ratio
(col. (b) divided by col. (c))
2018
3,503,481
66,130,275
0.052978
2017
3,270,849
59,497,701
0.054974
2016
2,343,659
52,762,395
0.044419
2015
3,095,250
55,504,140
0.055766
2014
3,125,049
53,897,746
0.057981
2
Total
of line 1, column (d)
.....................
2
0.266118
3
Average distribution ratio for the 5-year base period—divide the total on line 2 by 5.0, or by the number of years the foundation has been in existence if less than 5 years
......
3
0.053224
4
Enter the net value of noncharitable-use assets for 2019 from Part X, line 5
......
4
64,456,128
5
Multiply line 4 by line 3
......................
5
3,430,613
6
Enter 1% of net investment income (1% of Part I, line 27b)
...........
6
47,562
7
Add lines 5 and 6
........................
7
3,478,175
8
Enter qualifying distributions from Part XII, line 4
,.............
8
2,432,397
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions.
Form
990-PF
(2019)
Form 990-PF (2019)
Page
4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a
Exempt operating foundations described in section 4940(d)(2), check here
and enter “N/A" on line 1.
Date of ruling or determination letter:
(attach copy of letter if necessary–see instructions)
b
Domestic foundations that meet the section 4940(e) requirements in Part V, check
1
95,124
here
and enter 1% of Part I, line 27b
...................
c
All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2
Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)
2
0
3
Add lines 1 and 2
...........................
3
95,124
4
Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)
4
0
5
Tax based on investment income.
Subtract line 4 from line 3. If zero or less, enter -0-
.....
5
95,124
6
Credits/Payments:
a
2019 estimated tax payments and 2018 overpayment credited to 2019
6a
94,706
b
Exempt foreign organizations—tax withheld at source
......
6b
c
Tax paid with application for extension of time to file (Form 8868)
...
6c
500
d
Backup withholding erroneously withheld
...........
6d
0
7
Total credits and payments. Add lines 6a through 6d
..............
7
95,206
8
Enter any
penalty
for underpayment of estimated tax.
Check here
if Form 2220 is attached.
8
0
9
Tax due.
If the total of lines 5 and 8 is more than line 7, enter
amount owed
.......
9
10
Overpayment.
If line 7 is more than the total of lines 5 and 8, enter the
amount overpaid
...
10
82
11
Enter the amount of line 10 to be:
Credited to 2020 estimated tax
82
Refunded
11
0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign?
....................
1a
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition)
.................................
1b
No
If the answer is "Yes" to
1a
or
1b,
attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file
Form 1120-POL
for this year?
.....................
1c
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1)
On the foundation.
$
0
(2)
On foundation managers.
$
0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.
$
0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?
.......
2
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments?
If "Yes," attach a conformed copy of the changes
....
3
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?
........
4a
No
b
If "Yes," has it filed a tax return on
Form 990-T
for this year?
...................
4b
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?
.........
5
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
By language in the governing instrument, or
By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument?
................
6
Yes
7
Did the foundation have at least $5,000 in assets at any time during the year?
If "Yes," complete Part II, col. (c),
and Part XV.
.................................
7
Yes
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
CA
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G?
If "No," attach explanation
.
8b
Yes
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2019 or the taxable year beginning in 2019? See the instructions for Part XIV.
If "Yes," complete Part XIV
.............................
9
No
10
Did any persons become substantial contributors during the tax year?
If "Yes," attach a schedule listing their names
and addresses.
...............................
10
No
Form
990-PF
(2019)
Form 990-PF (2019)
Page
5
Part VII-A
Statements Regarding Activities
(continued)
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions
.............
11
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions
.................
12
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
Website address
ALLETTAMCBEANCHARITABLETRUST.ORG
14
The books are in care of
CHARLENE KLEINER
Telephone no.
(760) 564-3000
Located at
78140 CALLE TAMPICO SUITE 104
LA QUINTA
CA
ZIP+4
92253
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of
Form 1041
—check here
.........
and enter the amount of tax-exempt interest received or accrued during the year
........
15
16
At any time during calendar year 2019, did the foundation have an interest in or a signature or other authority over
Yes
No
a bank, securities, or other financial account in a foreign country?
.................
16
No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country
Part VII-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1)
Engage in the sale or exchange, or leasing of property with a disqualified person?
Yes
No
(2)
Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person?
......................
Yes
No
(3)
Furnish goods, services, or facilities to (or accept them from) a disqualified person?
Yes
No
(4)
Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
Yes
No
(5)
Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)?
...............
Yes
No
(6)
Agree to pay money or property to a government official? (
Exception.
Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.)
.......
Yes
No
b
If any answer is "Yes" to 1a(1)–(6), did
any
of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions
........
1b
Organizations relying on a current notice regarding disaster assistance check here
........
c
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2019?
.............
1c
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2019, did the foundation have any undistributed income (lines 6d
and 6e, Part XIII) for tax year(s) beginning before 2019?
.............
Yes
No
If "Yes," list the years
20
,
20
,
20
,
20
b
Are there any years listed in 2a for which the foundation is
not
applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to
all
years listed, answer "No" and attach statement—see instructions.)
..............
2b
c
If the provisions of section 4942(a)(2) are being applied to
any
of the years listed in 2a, list the years here.
20
,
20
,
20
,
20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year?
......................
Yes
No
b
If "Yes," did it have excess business holdings in 2019 as a result of
(1)
any purchase by the foundation
or disqualified persons after May 26, 1969;
(2)
the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or
(3)
the lapse of the 10-, 15-, or 20-year first phase holding period?
(Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2019.)
..................
3b
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2019?
4b
No
Form
990-PF
(2019)
Form 990-PF (2019)
Page
6
Part VII-B
Statements Regarding Activities for Which Form 4720 May Be Required
(continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1)
Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
Yes
No
(2)
Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive?
.............
Yes
No
(3)
Provide a grant to an individual for travel, study, or other similar purposes?
Yes
No
(4)
Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions
................
Yes
No
(5)
Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals?
.....
Yes
No
b
If any answer is "Yes" to 5a(1)–(5), did
any
of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions
......
5b
No
Organizations relying on a current notice regarding disaster assistance check here
.........
c
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant?
..........
Yes
No
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract?
.....................
Yes
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?
....
6b
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
Yes
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction?
....
7b
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year?
.................
Yes
No
Part VIII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1
List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a)
Name and address
(b)
Title, and average
hours per week
devoted to position
(c)
Compensation
(If not paid, enter
-0-)
(d)
Contributions to employee benefit plans and deferred compensation
(e)
Expense account,
other allowances
DORIENNE FARZAN
TRUSTEE
1.00
0
0
0
38 LEDGE ROAD
NEWPORT
,
RI
02840
DONALD CHRIST
TRUSTEE/PRES.
3.00
0
0
0
125 BROAD STREET
NEW YORK
,
NY
10004
WALTER G D REED
TRUSTEE
1.00
0
0
0
PO BOX 540
NEWPORT
,
RI
02840
GLADYS V SZAPARY
TRUSTEE
1.00
0
0
0
63 WEST LANE
POUND RIDGE
,
NY
10576
CHARLENE KLEINER
ASSISTENT SEC.
10.00
75,000
0
0
78140 CALLE TAMPICO SUITE 104
LA QUINTA
,
CA
92253
2
Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a)
Name and address of each employee paid more than $50,000
(b)
Title, and average
hours per week
devoted to position
(c)
Compensation
(d)
Contributions to
employee benefit
plans and deferred
compensation
(e)
Expense account,
other allowances
NONE
Total
number of other employees paid over $50,000
...................
0
Form
990-PF
(2019)
Form 990-PF (2019)
Page
7
Part VIII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
(continued)
3
Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a)
Name and address of each person paid more than $50,000
(b)
Type of service
(c)
Compensation
MORGAN STANLEY
ASSET MANAGEMENT
418,966
555 CALIFORNIA STREET
SAN FRANCISCO
,
CA
94104
Total
number of others receiving over $50,000 for professional services
.............
0
Part IX-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.
Expenses
1
2
3
4
Part IX-B
Summary of Program-Related Investments
(see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.
Amount
1
2
All other program-related investments. See instructions.
3
Total.
Add lines 1 through 3
.........................
0
Form
990-PF
(2019)
Form 990-PF (2019)
Page
8
Part X
Minimum Investment Return
(All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities
...................
1a
64,378,817
b
Average of monthly cash balances
.......................
1b
1,058,876
c
Fair market value of all other assets (see instructions)
................
1c
0
d
Total
(add lines 1a, b, and c)
.........................
1d
65,437,693
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation)
.............
1e
0
2
Acquisition indebtedness applicable to line 1 assets
..................
2
0
3
Subtract line 2 from line 1d
.........................
3
65,437,693
4
Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
instructions)
.............................
4
981,565
5
Net value of noncharitable-use assets.
Subtract line 4 from line 3. Enter here and on Part V, line 4
5
64,456,128
6
Minimum investment return.
Enter 5% of line 5
..................
6
3,222,806
Part XI
Distributable Amount
(see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here
and do not complete this part.)
1
Minimum investment return from Part X, line 6
....................
1
3,222,806
2a
Tax on investment income for 2019 from Part VI, line 5
......
2a
95,124
b
Income tax for 2019. (This does not include the tax from Part VI.)
...
2b
c
Add lines 2a and 2b
............................
2c
95,124
3
Distributable amount before adjustments. Subtract line 2c from line 1
............
3
3,127,682
4
Recoveries of amounts treated as qualifying distributions
................
4
0
5
Add lines 3 and 4
............................
5
3,127,682
6
Deduction from distributable amount (see instructions)
.................
6
0
7
Distributable amount
as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1
...
7
3,127,682
Part XII
Qualifying Distributions
(see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26
..........
1a
2,432,397
b
Program-related investments—total from Part IX-B
..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes
...............................
2
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)
....................
3a
b
Cash distribution test (attach the required schedule)
.................
3b
4
Qualifying distributions.
Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
4
2,432,397
5
Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
income. Enter 1% of Part I, line 27b. See instructions
.................
5
0
6
Adjusted qualifying distributions.
Subtract line 5 from line 4
..............
6
2,432,397
Note:
The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
the section 4940(e) reduction of tax in those years.
Form
990-PF
(2019)
Form 990-PF (2019)
Page
9
Part XIII
Undistributed Income
(see instructions)
(a)
Corpus
(b)
Years prior to 2018
(c)
2018
(d)
2019
1
Distributable amount for 2019 from Part XI, line 7
3,127,682
2
Undistributed income, if any, as of the end of 2019:
a
Enter amount for 2018 only
.......
0
b
Total for prior years:
20
,
20
,
20
0
3
Excess distributions carryover, if any, to 2019:
a
From 2014
......
459,848
b
From 2015
......
345,151
c
From 2016
......
d
From 2017
......
330,057
e
From 2018
......
259,749
f
Total
of lines 3a through e
........
1,394,805
4
Qualifying distributions for 2019 from Part
XII, line 4:
$
2,432,397
a
Applied to 2018, but not more than line 2a
0
b
Applied to undistributed income of prior years
(Election required—see instructions)
.....
0
c
Treated as distributions out of corpus (Election
required—see instructions)
........
0
d
Applied to 2019 distributable amount
.....
2,432,397
e
Remaining amount distributed out of corpus
0
5
Excess distributions carryover applied to 2019.
695,285
695,285
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6
Enter the net total of each column as
indicated below:
a
Corpus. Add lines 3f, 4c, and 4e. Subtract line 5
699,520
b
Prior years’ undistributed income. Subtract
line 4b from line 2b
..........
0
c
Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed
......
0
d
Subtract line 6c from line 6b. Taxable amount
—see instructions
...........
0
e
Undistributed income for 2018. Subtract line
4a from line 2a. Taxable amount—see
instructions
.............
0
f
Undistributed income for 2019. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2020
..........
0
7
Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions)
.......
0
8
Excess distributions carryover from 2014 not
applied on line 5 or line 7 (see instructions)
...
0
9
Excess distributions carryover to 2020.
Subtract lines 7 and 8 from line 6a
......
699,520
10
Analysis of line 9:
a
Excess from 2015
....
109,714
b
Excess from 2016
....
c
Excess from 2017
....
330,057
d
Excess from 2018
....
259,749
e
Excess from 2019
....
Form
990-PF
(2019)
Form 990-PF (2019)
Page
10
Part XIV
Private Operating Foundations
(see instructions and Part VII-A, question 9)
1a
If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2019, enter the date of the ruling
.......
b
Check box to indicate whether the organization is a private operating foundation described in section
4942(j)(3)
or
4942(j)(5)
2a
Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part X for each
year listed
..........
Tax year
Prior 3 years
(e) Total
(a)
2019
(b)
2018
(c)
2017
(d)
2016
b
85% of line 2a
.........
c
Qualifying distributions from Part XII,
line 4 for each year listed
.....
d
Amounts included in line 2c not used directly
for active conduct of exempt activities
..........
e
Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c
....
3
Complete 3a, b, or c for the
alternative test relied upon:
a
“Assets" alternative test—enter:
(1)
Value of all assets
......
(2)
Value of assets qualifying
under section 4942(j)(3)(B)(i)
b
“Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part X, line 6 for each year listed
...
c
“Support" alternative test—enter:
(1)
Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties)
....
(2)
Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii)
....
(3)
Largest amount of support
from an exempt organization
(4)
Gross investment income
Part XV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1
Information Regarding Foundation Managers:
a
List any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
b
List any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2
Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here
if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
a
The name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
CHARLENE KLEINER
78140 CALLE TAMPICO SUITE 104
LA QUINTA
,
CA
92253
(760) 564-3000
b
The form in which applications should be submitted and information and materials they should include:
WRITTEN REQUEST WITH SPECIFIC PROJECT IDENTIFIED
c
Any submission deadlines:
FEBRUARY 28 AND JULY 31
d
Any restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
NEWPORT AND AQUIDNECK ISLAND, RI
Form
990-PF
(2019)
Form 990-PF (2019)
Page
11
Part XV
Supplementary Information
(continued)
3
Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient
If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
Foundation
status of
recipient
Purpose of grant or
contribution
Amount
Name and address (home or business)
a
Paid during the year
AMERICAN RED CROSS
1663 MARKET STREET
SAN FRANCISCO
,
CA
94103
DISASTER RELIEF FOR THE VICTIMS OF HURRICANE DORIEN
50,000
BOYS CLUBS & GIRLS CLUB OF NEWPORT COUNTY
95 CHURCH STREET
NEWPORT
,
RI
02840
THREE BOILER REPLACEMENTS AND MILL STREET FACADE RENOVATIONS
211,000
BRADLEY HOSPITAL FOUNDATION
PO BOX H
PROVIDENCE
,
RI
02901
HEALTH AND FITNESS AT BRADLEY SCHOOL
40,000
COMMUNITY COLLEGE RHODE ISLAND FUND
400 EAST AVENUE
WARWICK
,
RI
028861807
ALEKS PROGRAM
25,000
FORT ADAMS TRUST
90 FORT ADAMS DRIVE
NEWPORT
,
RI
02840
SOUTHEAST DEMI-BASTION/SOUTH WALL ROOF
300,000
IYRS
449 THAMES STREET
NEWPORT
,
RI
02840
RESTORATION HALL WINDOWS
100,000
NEW ENGLAND COLLEGIATE BASEBALL LEAGUE
PO BOX 777
NEWPORT
,
RI
02840
CARDINES FIELD SCOREBOARD
30,000
NEWPORT COUNTY COMMUNITY MENTAL HEALTH CENTER
127 JOHNNY CAKE HILL ROAD
MIDDLETOWN
,
RI
028425674
TECHNOLOGY UPGRADES
35,000
NEWPORT COUNTY YMCA
792 VALLEY ROAD
MIDDLETOWN
,
RI
02842
CAPITAL CAMPAIGN
250,000
NEWPORT MUSIC FESTIVAL
26 VALLEY ROAD SUITE 103
MIDDLETOWN
,
RI
02842
15 PASSENGER VAN AND CAPITAL RESERVE CHALLENGE GRANT
140,000
NEWPORT PUBLIC EDUCATION FUND
320 THAMES STREET UNIT 1237
NEWPORT
,
RI
02840
NOREEN DREXEL ENRICHMENT GRANT FUND
100,000
NEWPORT PUBLIC SCHOOLS
15 WICKHAM ROAD
NEWPORT
,
RI
02840
MINIVAN FOR NACTAC DISABLED STUDENTS
39,000
NEWPORT RESTORATION FOUNDATION
51 TOURO STREET
NEWPORT
,
RI
028402932
VERNON HOUSE HISTORIC STRUCTURES REPORT
50,000
COMMUNITY MUSICWORKS
1392 WESTMINSTER STREET
PROVIDENCE
,
RI
02909
NEWPORT STRING PROJECT
40,000
PORTSMOUTH UNITED METHODIST CHURCH
2658 EAST MAIN ROAD
PORTSMOUTH
,
RI
02871
GOD'S COMMUNITY GARDEN
2,500
RHODE ISLAND CENTER FOR THE BOOK
100 OCHRE POINT AVENUE
NEWPORT
,
RI
02840
KRARI PROGRAM
8,500
RHODE ISLAND KIDS COUNT
ONE UNION STATION
PROVIDENCE
,
RI
02903
GENERAL SUPPORT
50,000
RI MENTORING PARTNERSHIP INC
2065 WARWICK AVENUE UNIT 1
WARWICK
,
RI
02889
MENTOR RHODE ISLAND
21,000
RHODE ISLAND PUBLIC RADIO
ONE UNION STATION
PROVIDENCE
,
RI
02903
NEWPORT NEWS BUREAU
25,000
ROSE ISLAND LIGHTHOUSE FOUNDATION
PO BOX 1419
NEWPORT
,
RI
028400014
CONDITION ASSESSMENT/MAINTENANCE PLAN
9,000
SAIL NEWPORT INC
72 FORT ADAMS DRIVE
NEWPORT
,
RI
02840
YOUTH SAILING DINGHIES
40,000
SAIL TO PREVAIL
PO BOX 1264
NEWPORT
,
RI
02840
DOCK REPLACEMENT
125,000
SAINT PAUL'S EPISCOPAL CHURCH
2679 EAST MAIN ROAD
PORTSMOUTH
,
RI
02871
EXTERNAL REPAIRS/PAINTING
30,000
SAVE THE BAY INC
100 SAVE THE BAY DRIVE
PROVIDENCE
,
RI
029054207
NEW SHARKS EXHIBIT/DOWNTOWN DOCK SPACE
20,000
ST JOHN THE EVANGELIST
61 POPLAR STREET
NEWPORT
,
RI
02840
CHURCH ROOF RESTORATION
350,000
ST GEORGE'S SCHOOL
PO BOX 1910
NEWPORT
,
RI
028400190
MEMORIAL SCHOOL HOUSE
100,000
STAR KIDS SCHOLARSHIP PROGRAM
PO BOX 6214
MIDDLETOWN
,
RI
02842
HIGH SCHOOL TUITION ASSISTANCE
19,000
THE MARTIN LUTHER KING COMMUNITY CENTER INC
20 DR MARCUS F WHEATLAND BLVD
NEWPORT
,
RI
02840
SCHOLARSHIPS FOR EDUCATION PROGRAMS
20,000
WOMEN'S RESOURCE CENTER
114 TOURO STREET
NEWPORT
,
RI
02840
COMPUTER SYSTEM UPGRADE
15,000
VISITING NURSE HOME AND HOSPICE
1184 EAST MAIN ROAD
PORTSMOUTH
,
RI
02871
CHARITABLE CARE
50,000
Total
.................................
3a
2,295,000
b
Approved for future payment
Total
.................................
3b
0
Form
990-PF
(2019)
Form 990-PF (2019)
Page
12
Part XVI-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated.
Unrelated business income
Excluded by section 512, 513, or 514
(e)
Related or exempt
function income
(See instructions.)
1
Program service revenue:
(a)
Business code
(b)
Amount
(c)
Exclusion code
(d)
Amount
a
b
c
d
e
f
g
Fees and contracts from government agencies
2
Membership dues and assessments
....
3
Interest on savings and temporary cash
investments
...........
14
21,771
4
Dividends and interest from securities
....
14
818,081
5
Net rental income or (loss) from real estate:
a
Debt-financed property
......
b
Not debt-financed property
.....
6
Net rental income or (loss) from personal property
7
Other investment income
.....
15
1,170
8
Gain or (loss) from sales of assets other than
inventory
............
18
4,388,445
9
Net income or (loss) from special events:
10
Gross profit or (loss) from sales of inventory
11
Other revenue:
a
TAX-EXEMPT INTEREST
14
21,725
b
c
d
e
12
Subtotal. Add columns (b), (d), and (e)
..
0
5,251,192
0
13
Total.
Add line 12, columns (b), (d), and (e)
..................
13
5,251,192
(See worksheet in line 13 instructions to verify calculations.)
Part XVI-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form
990-PF
(2019)
Form 990-PF (2019)
Page
13
Part XVII
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1)
Cash
...................................
1a(1)
No
(2)
Other assets
.................................
1a(2)
No
b
Other transactions:
(1)
Sales of assets to a noncharitable exempt organization
....................
1b(1)
No
(2)
Purchases of assets from a noncharitable exempt organization
..................
1b(2)
No
(3)
Rental of facilities, equipment, or other assets
.......................
1b(3)
No
(4)
Reimbursement arrangements
...........................
1b(4)
No
(5)
Loans or loan guarantees
.............................
1b(5)
No
(6)
Performance of services or membership or fundraising solicitations
................
1b(6)
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees
..............
1c
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column
(b)
should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column
(d)
the value of the goods, other assets, or services received.
(a)
Line No.
(b)
Amount involved
(c)
Name of noncharitable exempt organization
(d)
Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527?
...........
Yes
No
b
If "Yes," complete the following schedule.
(a)
Name of organization
(b)
Type of organization
(c)
Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
May the IRS discuss this return
with the preparer shown below
(see instr.)
Yes
No
Signature of officer or trustee
Date
Title
Paid Preparer Use Only
Print/Type preparer's name
Preparer's Signature
Date
Check if self-
employed
PTIN
Firm's name
Firm's EIN
Firm's address
Phone no.
Form
990-PF
(2019)
Additional Data
Software ID:
Software Version:
Form 990PF - Special Condition Description:
Special Condition Description