TY 2021 Form 990PF

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............	598,655	3,924,790	3,924,790
	2	Savings and temporary cash investments.........	362,538	505,625	505,625
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....		0
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts		0
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)
	b	Investments—corporate stock (attach schedule).......
	c	Investments—corporate bonds (attach schedule).......
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)		0
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	9,453,946	9,059,039	2,863,286
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)		0
	15	Other assets (describe )	0	0	0
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	10,415,139	13,489,454	7,293,701
	17	Accounts payable and accrued expenses..........	10,242	1,480
	18	Grants payable.................
	19	Deferred revenue.................
	20	Loans from officers, directors, trustees, and other disqualified persons		0
	21	Mortgages and other notes payable (attach schedule)......		0
	22	Other liabilities (describe )	0	0
	23	Total liabilities (add lines 17 through 22).........	10,242	1,480
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........	10,404,897	13,487,974
	25	Net assets with donor restrictions............
		Foundations that do not follow FASB ASC 958, check here
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........
	27	Paid-in or capital surplus, or land, bldg., and equipment fund
	28	Retained earnings, accumulated income, endowment, or other funds
	29	Total net assets or fund balances (see instructions).....	10,404,897	13,487,974
	30	Total liabilities and net assets/fund balances (see instructions).	10,415,139	13,489,454

(a) List and describe the kind(s) of property sold (e.g., real estate, 2-story brick warehouse; or common stock, 200 shs. MLC Co.)		(b) How acquired P—Purchase D—Donation	(c) Date acquired (mo., day, yr.)	(d) Date sold (mo., day, yr.)
1 a	SCHWAB - STOCK SALE	P	2020-08-07	2022-08-31
b	WEALTHFRONT - STOCK SALE	P	2016-08-03	2022-08-31
c
d
e

(e) Gross sales price		(f) Depreciation allowed (or allowable)	(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	1,489,047	0	841,938	647,109
b	179,797	0	147,631	32,166
c
d
e

Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69				(l) Gains (Col. (h) gain minus col. (k), but not less than -0-) or Losses (from col.(h))
(i) F.M.V. as of 12/31/69		(j) Adjusted basis as of 12/31/69	(k) Excess of col. (i) over col. (j), if any
a	0	0	0	647,109
b	0	0	0	32,166
c
d
e

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	679,275
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 ...................		3

1a	Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2	Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	2	0
3	Add lines 1 and 2...........................	3	10,595
4	Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	4	0
5	Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- .....	5	10,595
6	Credits/Payments:

a	2021 estimated tax payments and 2020 overpayment credited to 2021	6a
b	Exempt foreign organizations—tax withheld at source......	6b
c	Tax paid with application for extension of time to file (Form 8868)...	6c	0
d	Backup withholding erroneously withheld ...........	6d

7	Total credits and payments. Add lines 6a through 6d..............		7	0
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.		8	124
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9	10,719
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10
11	Enter the amount of line 10 to be: Credited to 2022 estimated tax0	Refunded	11

(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
MATTHEW MOCHARY	PRESIDENT 1.00	0	0	0
26 PARK STREET MONTCLAIR,NJ07042
TATIANA DOROW	SECRETARY 1.00	0	0	0
16 PARK STREET MONTCLAIR,NJ07042
LLOYD JAY FASS	DIRECTOR 1.00	0	0	0
26 PARK STREET MONTCLAIR,NJ07042

List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.	Expenses
1	Mochary Foundation teaches x-convicts to get and keep a legitimate job, primarily truck-driving. It also makes the management system that Matt Mochary created (Mochary Method) widely available through coaching, books, videos, podcasts, software, etc.	229,511
2	MOCHARY FOUNDATION PROMOTES VOCATIONAL, CAREER, AND LIFE READINESS THAT HELPS PEOPLE DEVELOP WORKFORCE SKILLS SUCH AS CONSTRUCTION WORK AND FARMING.	525,726
3


4

Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.	Amount
1	NONE	0
2


All other program-related investments. See instructions.
3

		(a) Corpus	(b) Years prior to 2020	(c) 2020	(d) 2021
1 Distributable amount for 2021 from Part X, line 7					0
2 Undistributed income, if any, as of the end of 2021:
a Enter amount for 2020 only.......
b Total for prior years:20, 20, 20
3 Excess distributions carryover, if any, to 2021:
a From 2016......	50,651
b From 2017......	193,559
c From 2018......	384,329
d From 2019......	561,961
e From 2020......	906,851
f Total of lines 3a through e ........		2,097,351
4Qualifying distributions for 2021 from Part
XI, line 4: $ 761,737
a Applied to 2020, but not more than line 2a
b Applied to undistributed income of prior years (Election required—see instructions).....
c Treated as distributions out of corpus (Election required—see instructions)........		0
d Applied to 2021 distributable amount.....
e Remaining amount distributed out of corpus		761,737
5 Excess distributions carryover applied to 2021.
(If an amount appears in column (d), the same amount must be shown in column (a).)
6Enter the net total of each column as indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5		2,859,088
b Prior years’ undistributed income. Subtract line 4b from line 2b ..........			0
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........			0
e Undistributed income for 2019. Subtract line 4a from line 2a. Taxable amount—see instructions .............				0
f Undistributed income for 2021. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2022 ..........					0
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......
8 Excess distributions carryover from 2016 not applied on line 5 or line 7 (see instructions) ...		50,651
9 Excess distributions carryover to 2022. Subtract lines 7 and 8 from line 6a ......		2,808,437
10 Analysis of line 9:
a Excess from 2017....	193,559
b Excess from 2018....	384,329
c Excess from 2019....	561,961
d Excess from 2020....	906,851
e Excess from 2021....	761,737

2a Enter the lesser of the adjusted net income from Part I or the minimum investment return from Part X for each year listed ..........	Tax year	Prior 3 years			(e) Total
	(a) 2021	(b) 2020	(c) 2019	(d) 2018	(e) Total
	84,481	88,835	193,059	68,872	435,247
b 85% (0.85) of line 2a .........	71,809	75,510	164,100	58,541	369,960
c Qualifying distributions from Part XI, line 4 for each year listed .....	761,737	906,851	561,961	384,329	2,614,878
d Amounts included in line 2c not used directly for active conduct of exempt activities ..........
e Qualifying distributions made directly for active conduct of exempt activities. Subtract line 2d from line 2c ....	761,737	906,851	561,961	384,329	2,614,878
3 Complete 3a, b, or c for the alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......	7,293,701	5,707,353	5,316,331	3,459,061	21,776,446
(2) Value of assets qualifying under section 4942(j)(3)(B)(i)
b “Endowment" alternative test— enter 2/3 of minimum investment return shown in Part IX, line 6 for each year listed ..	235,022	165,903	128,706	90,219	619,850
c “Support" alternative test—enter:
(1) Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) ....	3,089,084	705,324	545,614	179,990	4,520,012
(2) Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)....	3,089,084	705,324	545,614	179,990	4,520,012
(3) Largest amount of support from an exempt organization	55,000	100,000	250,000	110,000	515,000
(4) Gross investment income	763,757	128,794	1,263,881	68,796	2,225,228

NONE

aThe name, address, and telephone number or email address of the person to whom applications should be addressed:

bThe form in which applications should be submitted and information and materials they should include:

cAny submission deadlines:

dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:

Line No.	Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See instructions.)
NONE	NONE

(a) Line No.	(b) Amount involved	(c) Name of noncharitable exempt organization	(d) Description of transfers, transactions, and sharing arrangements

(a) Name of organization	(b) Type of organization	(c) Description of relationship

	Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).)	(a) Revenue and expenses per books		(b) Net investment income	(c) Adjusted net income	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)	3,089,084
2	Check .............
3	Interest on savings and temporary cash investments	0
4	Dividends and interest from securities...	72,914		72,914	72,914
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		679,275
b	Gross sales price for all assets on line 6a 1,668,845
7	Capital gain net income (from Part IV, line 2)...			679,275
8	Net short-term capital gain.........
9	Income modifications...........
10a	Gross sales less returns and allowances
b	Less: Cost of goods sold....
c	Gross profit or (loss) (attach schedule).....		0
11	Other income (attach schedule).......		11,567	11,567	11,567
12	Total. Add lines 1 through 11........	3,852,840		763,756	84,481
13	Compensation of officers, directors, trustees, etc.
14	Other employee salaries and wages......	129,233				128,452
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........		0
b	Accounting fees (attach schedule).......		6,500			6,500
c	Other professional fees (attach schedule)....		24,317	1,513		22,804
17	Interest...............
18	Taxes (attach schedule) (see instructions)...		1,881			0
19	Depreciation (attach schedule) and depletion...		0
20	Occupancy..............
21	Travel, conferences, and meetings.......	846				846
22	Printing and publications..........
23	Other expenses (attach schedule).......		606,986			603,135
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	769,763		1,513		761,737
25	Contributions, gifts, grants paid.......	0				0
26	Total expenses and disbursements. Add lines 24 and 25	769,763		1,513		761,737
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	3,083,077
b	Net investment income (if negative, enter -0-)			762,243
c	Adjusted net income (if negative, enter -0-)...				84,481


(a) Name and address of each employee paid more than $50,000	(b) Title, and average hours per week devoted to position	(c) Compensation	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
JAMES TRUJILLO	Head of Operations 40.00	63,365	0	0
PO BOX 33 KAPAA,HI96746	Head of Operations 40.00	63,365	0	0








Total number of other employees paid over $50,000...................				1

3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000	(b) Type of service	(c) Compensation
NONE

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year

Total ................................. 3a

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments ....
3 Interest on savings and temporary cash investments ...........			14	0
4 Dividends and interest from securities ....
5 Net rental income or (loss) from real estate:
aDebt-financed property......
bNot debt-financed property.....
6 Net rental income or (loss) from personal property
7 Other investment income .....
8 Gain or (loss) from sales of assets other than inventory ............			18	679,275	0
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory			18	0
11 Other revenue: aROYALTY INCOME			15	0
bFROM SCHEDULE K1			18	1,093
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..				763,756	0

bApproved for future payment

Total ................................. 3b

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Software ID:
Software Version:
Part VI Line 7 - Tax Paid with the Original Return:	0

Name of organization MOCHARY FOUNDATION INC

Part I Contributors	Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
1	MOCHARY GROUP 4-831 KUHIO HWY 438-296 KAPAA, HI96746	$ 3,000,000	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
2	B CHARITABLE Inc 412 CLIFF PL BIRMINGHAM, AL35209	$ 55,000	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
3	Fidelity Investments Grants 200 SEAPORT BLVD BOSTON, MA02210	$ 30,000	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990) (2021)

Name of organization MOCHARY FOUNDATION INC		Employer identification number 41-2254108

Part II	Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
Schedule B (Form 990) (2021)


Name of organization MOCHARY FOUNDATION INC			Employer identification number 41-2254108
Part III Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $ Use duplicate copies of Part III if additional space is needed.

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
BROWN ARM STRONG AUDITED FINANCIALS	6,500
STARTUP CPA BOOKKEEPING	0
FONE AND ASSOCIATES TAX AND ACCOUNTING ASSISTANCE	0

Name	Date Acquired	Date Sold	Gross Sales Price	Basis	Sales Expenses	Total (net)
CHARLES SCHWAB - BILL COM	2020-08	2022-08	34,336	26,515		7,821
CHARLES SCHWAB - GOVERNMENT MONEY	2022-07	2022-08	375,000	375,000		0
CHARLES SCHWAB - SCHWAB INTERNATNAL SMALL	2012-10		25,380	16,203		9,177
CHARLES SCHWAB - SPDR BLOOMBERG BARCLAYS	2012-10	2022-08	477	478		-1
CHARLES SCHWAB - SPDR DOW JONES INTER	2012-10	2022-08	7,628	10,508		-2,880
CHARLES SCHWAB - SPDR GOLD SHARES ETF NV	2011-01	2021-10	10,906	8,416		2,490
CHARLES SCHWAB - SPDR S&P 500 ETF	2012-10	2021-09	406,198	259,841		146,357
CHARLES SCHWAB - VEEVA SYATEMS INC	2019-12	2022-08	80,701	52,918		27,783
CHARLES SCHWAB - EQUINIX INC	2010-10	2021-10	499,421	43,081		456,340
CHARLES SCHWAB - US TREASURY BILL	2021-05	2022-05	49,000		48,978	22
WEALTHFRONT - ISHARES CORE MSCI EMERGING	2021-10	2022-06	55,577	56,639		-1,062
WEALTHFRONT - ISHARES IBOXX	2021-05	2022-05	7,095	8,432		-1,337
WEALTHFRONT - ISHARES JP MORGAN	2021-10	2022-05	4,550	5,281		-731
WEALTHFRONT - SCHWAB INTERNATIONAL EQUITY	2022-04	2022-05	5,898	6,253		-355
WEALTHFRONT - SCHWAB US BOARD MARKET	2022-06	2022-07	2,864	2,791		73
WEALTHFRONT - VANGUARD FTSE EMERGING	2022-01	2022-05	2,676	3,364		-688
WEALTHFRONT - VANGUARD INDEX	2016-12	2021-10	45,602	23,756		21,846
WEALTHFRONT - VANGUARD REIT INDEX	2020-06	2022-04	28,822	21,428		7,394
WEALTHFRONT - VANBGUARD SECTOR	2016-12	2021-10	7,815	6,344		1,471
WEALTHFRONT - VANGUARD SPECIALIZED	2016-08	2022-05	9,752	5,297		4,455
WEALTHFRONT - VANGUARD TOTAL STOCK MKT ETF	2021-05	2022-04	9,147	8,047		1,100

Category/ Item	Book Value	End of Year Fair Market Value
SOURCE CAPITAL MEZZANINE FUND	34,236	34,236
SCHWAB #9060	178,681	1,402,170
WEALTHFRONT	1,269,345	1,426,880
TACHYUS CORPORATION	7,576,777	0

Description	Revenue and Expenses per Books	Disbursements for Charitable Purposes
OFFICE EXPENSES	6,595	2,744
TRUCK DRIVING PROGRAMS FOR EX-CONS	176,226	176,226
VOCATIONAL PROGRAMS FOR WORKFORCE SKILLS	424,165	424,165

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
CONTRACTORS CONSULTING	22,804			22,804
WEALTHFRONT MGT FEE STOCK MGT	1,513	1,513