| Identifier | Return Reference | Explanation |
|---|---|---|
| ELECTION UNDER REGS. SEC. 53.4942(A)-3(D)(2) | FORM 990-PF, PART XII, LINE 4C | ELECTION UNDER REGS. SECTION 53.4942(A)-3(D)(2) TO TREAT EXCESS QUALIFYING DISTRIBUTIONS AS DISTRIBUTIONS OUT OF CORPUS. PURSUANT TO INTERNAL REVENUE CODE SECTION 4942(H) AND TREASURY REGULATIONS SECTION 53.4942(A)-3(D)(2), THE TAXPAYER HEREBY ELECTS TO TREAT THE CURRENT YEAR QUALIFYING DISTRIBUTIONS OF $332,764 AS BEING MADE OUT OF CORPUS AS REPORTED ON LINE 4C OF PART XII.PURSUANT TO INTERNAL REVENUE CODE SECTION 4942(H) AND TREASURY REGULATIONS SECTION 53.4942(A)-3(C)(2)(IV), THE TAXPAYER HEREBY ELECTS TO SATISFY THE REQUIREMENTS OF INTERNAL REVENUE CODE SECTION 170(B)(1)(F)(II) TO TREAT AS CURRENT DISTRIBUTIONS OUT OF CORPUS AN ADDITIONAL $53,568 WHICH WAS PREVIOUSLY DISTRIBUTED INCOME IN 2017 AND CARRIED OVER. THE TAXPAYER HEREBY ELECTS TO TREAT SUCH AMOUNT AS A DISTRIBUTION OUT OF CORPUS UNDER TREASURY REGULATIONS SECTION 53.4942(A)-3(D)(1)(III). THE TAXPAYER IS ALLOWED TO MAKE SUCH ELECTIONS BECAUSE (1) SUCH AMOUNT HAS NOT BEEN AVAILED OF FOR ANY OTHER PURPOSE BY THE TAXPAYER, (2) SUCH CORPUS DISTRIBUTIONS OCCURRED WITHIN THE PRECEDING FIVE YEARS, AND (3) SUCH AMOUNT WILL NOT LATER BE AVAILED OF FOR ANY OTHER PURPOSE. THIS IS INCLUDED IN PART XII, LINE 7 ALONG WITH THE CURRENT YEAR OUT OF CORPUS ELECTION.THE TAXPAYER MADE CUMULATIVE QUALIFYING DISTRIBUTIONS OUT OF CORPUS IN THE AMOUNT OF $386,422 WHICH IS THE AMOUNT REPORTED ON PART XII, LINE 7 AND THE TAXPAYER HAS NO UNDISTRIBUTED INCOME UNDER INTERNAL REVENUE CODE SECTION 4942(A). AS SUCH, THE TAXPAYER MEETS THE REQUIREMENTS OF INTERNAL REVENUE CODE SECTION 170(B)(1)(A)(VII), 170(B)(1)(F)(II), AND 4942(H) IN THAT (A) THE TAXPAYER HAD NO REMAINING UNDISTRIBUTABLE INCOME FROM ANY PRIOR TAX YEAR; (B) THE TAXPAYER DISTRIBUTED ALL OF IT DISTRIBUTABLE AMOUNT FOR TAX YEAR 2021; AND (C) THE TAXPAYER MADE AN ELECTION FOR QUALIFYING DISTRIBUTIONS OUT OF CORPUS IN AN AMOUNT EQUAL TO 100 PERCENT OF ALL CONTRIBUTIONS RECEIVED BY THE TAXPAYER DURING TAX YEAR 2021. |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| PUBLICLY TRADED SECURITIES | 305,742 | 305,742 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| DUES AND SUBSCRIPTIONS | 1,500 | 0 | 1,500 | |
| OFFICE EXPENSES | 177 | 44 | 133 | |
| BANK FEES | 1,112 | 278 | 834 | |
| FUNDRAISING FEES | 3,805 | 0 | 3,805 | |
| GREAT GIVE PROGRAM EXPENSE | 3,276 | 0 | 3,276 | |
| ARMANINO PRIDE PROGRAM EXPENSE | 3,949 | 0 | 3,949 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| GROSS INCOME FROM SPECIAL FUNDRAISING EVENTS | 4,525 | 4,525 |
| Description | Amount |
|---|---|
| CHANGE IN VALUE OF INVESTMENTS | 49,669 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PROFESSIONAL DEVELOPMENT | 5,000 | 2,500 | 2,500 |
| Name | Address |
|---|---|
| ANDREW J ARMANINO |
12657 ALCOSTA BLVD SUITE 500 SAN RAMON,CA94583 |
| LARRY KUECHLER |
12657 ALCOSTA BLVD SUITE 500 SAN RAMON,CA94583 |
|
CBRE |
400 S HOPE ST 25TH FLOOR LOS ANGELES,CA90071 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| CA REGISTRATION RENEWAL FEES | 75 | 0 | 75 |