| Identifier | Return Reference | Explanation |
|---|---|---|
| Form 990-PF, Part I, Line 25 | Charitable contributions totaling $240,000 that were made within 12 months of the end of the year have been taken as a deduction on this tax return (see Part XIV).The Foundation is changing from a November 30 year-end to a December 31 year-end with this tax return.The tax return was mailed to the IRS on October 12, 2022 and received by the IRS on October 25, 2022. The tax return is being electronically filed per notice from the IRS dated December 23, 2022. Since an extension has been filed to extend the due date of the tax return to November 15, 2022, the tax return should be considered timely filed and no late filing penalty should be assessed. |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| JP Morgan account 835-01055 | 284,908 | 284,908 |
| JP Morgan account 839-00021 | 1,775,784 | 1,855,910 |
| JP Morgan account 842-84966 | 1,805,527 | 2,902,172 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Brokerage Fees | 3,646 | 3,646 | 0 |
| Description | Amount |
|---|---|
| Non-Taxable Dividend Income | 376 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| Contributions Payable | 0 | 240,000 |