| Identifier | Return Reference | Explanation |
|---|---|---|
| General Explanation Supplemental Information for Form 990-PF | Attachment Form 990-PF, Part VI-B, Question 5d, page 6:Expenditure Responsibility Statement for the year 2021-------------------------------------------------------Pursuant to IRC Regulation 53.4945-5(d)(2), The Bob and Renee Parsons Foundation provides the following information:(i)Grantee: BRG Group Fl.5, 18 Ly Thuong KietHanoi, Vietnam(ii)Date & Amount of grant: January 31, 2018 - $200,000 January 31, 2021 - $100,000(iii)Purpose of grant: To provide support for several charitable programs in Vietnam over a 3-year period(details provided in report provided by grantee). (iv)Amounts expended by the grantee: 2018 Grant: $57,328 in 2018 $58,620 in 2019 $38,700 in 2020 $ 0 in 2021 2021 Grant: $ 0 in 2021(vii) Total amounts expended by the grantee as of December 31, 2021: 2018 Grant: $154,648 2021 Grant: $ 0(viii)Diversions: Under the terms of the original MOU, the grantor expected that the full balance of $200,000 would be fully expended by 12/31/20; however, like many things, BRGs plans were impacted by COVID. Grantor agreed that BRG could divert funds from the original purpose within the MOU to be utilized to purchase masks in 2020.(ix)Reports: Grantee did not have any expenditures from either the 2018 grant or the 2021 grant in 2021 so no report was submitted.(x)Verification: The grantor has no reason to doubt the accuracy or reliability of the report from the grantee. Therefore, no independent verification of the report was made. |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| DUES AND SUBSCRIPTIONS | 15,319 | 15,319 | ||
| EVENTS | 500 | 500 | ||
| EXCISE TAX | 400 | |||
| MARKETING | 5,050 | 5,050 | ||
| Office Expense | 6,051 | 6,051 |