| Identifier | Return Reference | Explanation |
|---|---|---|
| FORM 990-PF, PART XIII, LINE 7: | TREASURY REGULATION SECTION 53.4942(A)-3(C)(2)(IV) ELECTION TO TREAT UNUSED PRIOR YEAR CORPUS DISTRIBUTIONS AS CURRENT YEAR DISTRIBUTIONS:PURSUANT TO TREASURY REGULATION SECTION 53.4942(A)-3(C)(2)(IV), THE THOM & GAIL WILLIAMSEN FOUNDATION HEREBY ELECTS TO TREAT AS A CURRENT DISTRIBUTION OUT OF CORPUS THE FOLLOWING UNUSED PRIOR YEAR TAX YEAR(S)' DISTRIBUTIONS THAT WERE TREATED AS CORPUS DISTRIBUTIONS UNDER TREASURY REGULATION 53.4942(A)-3(D)(1)(III) IN SUCH PRIOR TAXABLE YEARS:TAX YEAR: CORPUS 2021AMOUNT: $1,000,000 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 4,211 | 0 | 4,211 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BANK CHARGES | 96 | 0 | 96 | |
| MEALS | 744 | 0 | 744 | |
| ANNUAL FILING FEES | 10 | 0 | 10 | |
| INSURANCE | 2,577 | 0 | 2,577 | |
| SUPPLIES | 132 | 0 | 132 | |
| TECHNOLOGY | 28 | 0 | 28 | |
| POSTAGE | 56 | 0 | 56 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PROFESSIONAL FEES | 17,163 | 0 | 12,831 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXCISE TAX | 9 | 0 | 0 |