| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 1,675 | 325 | 1,350 |
| Identifier | Return Reference | Explanation |
|---|---|---|
| COMPENSATION PAID TO A DISQUALIFIED PERSON | PART VII-B, QUESTION 1A(4) | THE FOUNDATION ENTERED INTO AN AGREEMENT WITH REBECCA BREWER, THE FOUNDATION'S SECRETARY AND TREASURER, TO PROVIDE ADMINISTRATIVE SERVICES AS AN EMPLOYEE FOR A SALARY OF $106,450 PER YEAR. THE AGREED UPON SALARY FOR THESE SERVICES HAS BEEN EVALUATED AND DETERMINED TO BE REASONABLE BY THE BOARD. THIS IS AN EXCEPTED ACT OF SELF-DEALING UNDER IRC SECTION 4941(D)(2)(E). |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ADMINISTRATIVE EXPENSES | 165 | 4 | 161 | |
| MISCELLANEOUS EXPENSES (REIMBURSEMENTS) | 113 | -322 | 209 | |
| PAYROLL FEES | 1,059 | 26 | 1,033 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FILING FEES | 160 | 0 | 160 | |
| PAYROLL TAXES | 8,061 | 202 | 7,859 |