Form990-PF


Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2021
Open to Public Inspection
For calendar year 2021, or tax year beginning 06-01-2021 , and ending 05-31-2022
Name of foundation
The Dr P Phillips Foundation
 
% KENNETH D ROBINSON PRESIDE
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 692709
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
ORLANDO, FL328692709
A Employer identification number

59-6135403
B Telephone number (see instructions)

(407) 422-6105
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$54,575,408J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I 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)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 0
2 Check bullet.............
3 Interest on savings and temporary cash investments 88 88  
4 Dividends and interest from securities... 816,192 816,192  
5a Gross rents............ 100 100  
b Net rental income or (loss) 100
6a Net gain or (loss) from sale of assets not on line 10 2,802,261
b Gross sales price for all assets on line 6a 7,907,786
7 Capital gain net income (from Part IV, line 2)... 2,802,261
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).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 3,618,641 3,618,641  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 6,875     6,875
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 10,213 4,085 0 6,128
c Other professional fees (attach schedule).... Click to see attachment 30,000 0 0 30,000
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 63,694 2,325 0 0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 15,023     15,023
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 107,819 2,399 0 105,420
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 233,624 8,809 0 163,446
25 Contributions, gifts, grants paid....... 1,911,281 1,911,281
26 Total expenses and disbursements. Add lines 24 and 25 2,144,905 8,809 0 2,074,727
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,473,736
b Net investment income (if negative, enter -0-) 3,609,832
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2021)
Form 990-PF (2021)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 942,960 1,121,875 1,121,875
2 Savings and temporary cash investments......... 120,977 118,812 118,812
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet0
Less: allowance for doubtful accounts bullet   381,569 Click to see attachment0 0
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges.......... 25,784 56,645 56,645
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 35,089,734 Click to see attachment36,737,428 44,309,136
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet8,968,940
Less: accumulated depreciation (attach schedule) bullet   8,968,940 8,968,940 8,968,940
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 45,529,964 47,003,700 54,575,408
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment3,000 Click to see attachment3,000
23 Total liabilities (add lines 17 through 22)......... 3,000 3,000
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
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 45,526,964 47,000,700
29 Total net assets or fund balances (see instructions)..... 45,526,964 47,000,700
30 Total liabilities and net assets/fund balances (see instructions). 45,529,964 47,003,700
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
45,526,964
2
Enter amount from Part I, line 27a .....................
2
1,473,736
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
47,000,700
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
47,000,700
Form 990-PF (2021)
Form 990-PF (2021)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(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 PUBLICLY TRADED SECURITIES      
b
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 7,907,786   5,105,525 2,802,261
b
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       2,802,261
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 2,802,261
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 ................... 		Bracket 3  
Form 990-PF (2021)
Form 990-PF (2021)
Page 4
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
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  
3 Add lines 1 and 2........................... 3 50,177
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 50,177
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 56,000
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 56,000
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 240
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 5,583
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet5,583 RefundedBullet 11  
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? Click to see list of attachments....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changesClick to see list of attachments....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.Click to see list of attachments
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XIV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletFL
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.
    If "Yes," complete Part XIII .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 5
    Part VI-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletWWW.DRPHILLIPS.ORG
    14
    The books are in care ofbulletKENNETH D ROBINSON PRESIDENT Telephone no.bullet (407) 422-6105

    Located atbullet7400 DR PHILLIPS BLVDORLANDOFL ZIP+4bullet328195416
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2021, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
    1a(1)
     
    No
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person? ..............................
    1a(2)
     
    No
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
    1a(3)
     
    No
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
    Yes
     
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)? ......................
    1a(5)
     
    No
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.) ...............
    1a(6)
     
    No
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
    1b
     
    No
    c
    ........bullet
    d
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2021? .............
    1d
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2021, did the foundation have any undistributed income (lines 6d
    and 6e, Part XII) for tax year(s) beginning before 2021?....................
    2a
     
    No
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year? ..............................
    3a
     
    No
    b
    If "Yes," did it have excess business holdings in 2021 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2021.) .....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2021? ..
    4b
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 6
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
    5a(1)
     
    No
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive? ....................
    5a(2)
     
    No
    (3) Provide a grant to an individual for travel, study, or other similar purposes? .............
    5a(3)
     
    No
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions ........................
    5a(4)
     
    No
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals? .............
    5a(5)
     
    No
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
    5b
     
     
    c
    .........bullet
    d
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant? .................
    5d
     
     
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract? .............................
    6a
     
    No
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    7a
     
    No
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .........................
    8
     
    No
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (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
    JAMES W FERBER CHAIRMAN/DIRECTOR
    12.0     		1,000 0 0
    PO BOX 692709
    ORLANDO,FL328692709
    KENNETH D ROBINSON PRESIDENT/CEO/DIRECTOR
    12.0     		1,250 0 0
    PO BOX 692709
    ORLANDO,FL328692709
    E M TUKDARIAN TREASURER/ASST SECRETARY
    8.0     		0 0 0
    PO BOX 692709
    ORLANDO,FL328692709
    H L BURNETT EVP/SEC/ASST TREAS/DIR
    6.0     		1,750 0 0
    PO BOX 692709
    ORLANDO,FL328692709
    MARGARET G MILLER DIRECTOR
    2.0     		875 0 0
    PO BOX 692709
    ORLANDO,FL328692709
    JOHN W HILLENMEYER DIRECTOR
    2.0     		1,000 0 0
    PO BOX 692709
    ORLANDO,FL328692709
    ROBIN K KELLEY DIRECTOR
    2.0     		1,000 0 0
    PO BOX 692709
    ORLANDO,FL328692709
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (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
     
    Total number of other employees paid over $50,000...................bullet  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 7
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    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
     
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part VIII-A
    Summary of Direct Charitable Activities
    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 SEE FEDERAL FOOTNOTES 30,000
    2 SEE FEDERAL FOOTNOTES 27,718
    3 SEE FEDERAL FOOTNOTES 43,022
    4  
    Part VIII-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 8
    Part IX
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    48,550,097
    b
    Average of monthly cash balances.......................
    1b
    997,986
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    49,548,083
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    49,548,083
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    1,816,177
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    47,731,906
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    2,386,595
    Part X
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part IX, line 6..................
    1
    2,386,595
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    50,177
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    50,177
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    2,336,418
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    381,569
    5
    Add lines 3 and 4............................
    5
    2,717,987
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
    7
    2,717,987
    Part XI
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
     
    b
    Program-related investments—total from Part VIII-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4.
    4
     
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 9
    Part XII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2020     		(c)
    2020     		(d)
    2021
    1 Distributable amount for 2021 from Part X, line 7 2,717,987
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 0
    b Total for prior years:2019, 2018, 2017  
    3 Excess distributions carryover, if any, to 2021:
    a From 2016......  
    b From 2017......  
    c From 2018...... 14,824
    d From 2019...... 7,682
    e From 2020...... 423,078
    f Total of lines 3a through e ........ 445,584
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 2,074,727
    a Applied to 2020, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2021 distributable amount..... 2,074,727
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2021. 445,584 445,584
    (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  
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    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 ...........     		 
    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 ..........     		197,676
    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) ...     		 
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		 
    10 Analysis of line 9:
    a Excess from 2017....  
    b Excess from 2018....  
    c Excess from 2019....  
    d Excess from 2020....  
    e Excess from 2021....  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 10
    Part XIII
    Private Operating Foundations (see instructions and Part VI-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2021, enter the date of the ruling ....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    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
             
    b 85% (0.85) of line 2a .........          
    c Qualifying distributions from Part XI,
    line 4 for each year listed .....     		         
    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 ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (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 ..     		         
    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) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XIV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    SEE ATTACHED ADDITIONAL STATEMENT
    PO BOX 692709
    ORLANDO,FL328692709
    (407) 422-6015
    bThe form in which applications should be submitted and information and materials they should include:
    SEE ATTACHED ADDITIONAL STATEMENT
    cAny submission deadlines:
    SEE ATTACHED ADDITIONAL STATEMENT
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    SEE ATTACHED ADDITIONAL STATEMENT
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 11
    Part XIV
    Supplementary Information (continued)
    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)
    aPaid during the year
    4R FOUNDATION INC (THE)
    210 N PARK AVE
    WINTER PARK,FL327893814     		NONE PC PROGRAM SUPPORT - Social Services 50,000
    ADULT LITERACY LEAGUE INC
    2221 LEE RD
    STE 18
    WINTER PARK,FL32789     		NONE PC PROGRAM SUPPORT - EDUCATION 5,000
    AMERICAN HEART ASSOCIATION
    7272 GREENVILLE AVE
    STE 200
    DALLAS,TX75231     		NONE PC PROGRAM SUPPORT - HEALTHCARE 20,000
    AMERICAN LEBANESE SYRIAN ASSOCIATED CHARITIES
    501 ST JUDE PL
    254
    MEMPHIS,TN38105     		NONE PC PROGRAM SUPPORT - HEALTHCARE 1,000
    ANNIKA FOUNDATION INC
    1257 WORCHESTER RD
    254
    FRAMINGHAM,MA01701     		NONE PC PROGRAM SUPPORT - HEALTHCARE 10,000
    BABY DJ INC
    2500 MAITLAND CENTER PKWY
    STE 401
    MAITLAND,FL32751     		NONE PC PROGRAM SUPPORT - SOCIAL SERVICES 2,500
    BACK TO NATURE WILDLIFE INC
    10525 CLAPP SIMSS DUDA RD
    ORLANDO,FL32832     		NONE PC PROGRAM SUPPORT - SOCIAL SERVICES 500
    BIKE WALK CENTRAL FLORIDA INC
    100 E PINE ST
    STE 110-74
    ORLANDO,FL32801     		NONE PC PROGRAM SUPPORT - SOCIAL SERVICES 5,000
    BLESSINGS IN A BACKPACK INC
    4121 SHELBYVILLE RD
    LOUISVILLE,KY40207     		NONE PC PROGRAM SUPPORT - SOCIAL SERVICES 1,000
    BOY SCOUTS OF AMERICA CENTRAL FL COUNCIL
    1951 S ORANGE BLOSSON TRL
    STE 102
    APOPKA,FL32703     		NONE PC PROGRAM SUPPORT - YOUTH 50,578
    CANINE COMPANIONS FOR INDEPENDENCE INC
    2965 DUTTON AVE
    STE 102
    SANTA ROSA,CA95407     		NONE PC PROGRAM SUPPORT - SOCIAL SERVICES 10,000
    CAPITAL RESEARCH CENTER
    1513 16TH ST NW
    STE 400
    WASHINGTON,DC20036     		NONE PC PROGRAM SUPPORT - PRIVATE PROPERTY RIGHTS 15,000
    CENTRAL CARE MISSION OF ORLANDO INC
    4027 LENOX BLVD
    STE 110
    ORLANDO,FL32811     		NONE PC PROGRAM SUPPORT - SOCIAL SERVICES 2,500
    CENTRAL FLORIDA URBAN LEAGUE INC
    2804 BELCO DR
    ORLANDO,FL32808     		NONE PC PROGRAM SUPPORT - SOCIAL SERVICES 2,000
    CHRISTIAN SERVICE CENTER FOR CENTRAL FLORIDA INC
    808 W CENTRAL BLVD
    ORLANDO,FL32805     		NONE PC PROGRAM SUPPORT - SOCIAL SERVICES 10,000
    CONDUCTIVE EDUCATION CENTER OF ORLANDO (THE)
    931 S SEMORAN BLVD
    STE 220
    WINTER PARK,FL32792     		NONE PC PROGRAM SUPPORT - EDUCATION 6,000
    CORNERSTONE HOSPICE FOUNDATION
    2445 LANE PARK RD
    TAVARES,FL327789648     		NONE PC PROGRAM SUPPORT - HEALTHCARE 500
    DELANEY STREET BAPTIST CHURCH
    1919 DELANEY AVE
    STE 220
    ORLANDO,FL32806     		NONE PC PROGRAM SUPPORT - SOCIAL SERVICES 5,000
    CENTRAL FLORIDA DOWN SYNDROME ASSOCIATION INC
    204 N WYMORE RD
    WINTER PARK,FL32789     		NONE PC PROGRAM SUPPORT - SOCIAL SERVICES 5,000
    DOWN SYNDROME FOUNDATION OF FLORIDA INC
    PO BOX 533462
    ORLANDO,FL32853     		NONE PC PROGRAM SUPPORT - SOCIAL SERVICES 10,000
    EASTER SEALS FLORIDA INC
    2010 CROSBY WAY
    WINTER PARK,FL32792     		NONE PC PROGRAM SUPPORT - HEALTHCARE 5,000
    EDGEWOOD CHILDRENS RANCH INC
    1451 EDGEWOOD RANCH RD
    ORLANDO,FL32835     		NONE PC PROGRAM SUPPORT - YOUTH 38,100
    EDGEWOOD RANCH ENDOWMENT INC
    PO BOX 185
    WINDERMERE,FL34786     		NONE PC PROGRAM SUPPORT - YOUTH 7,500
    ENTREPRENEURS ALLIANCE OF ORLANDO
    1030 N ORANGE AVE
    ORLANDO,FL328011022     		NONE PC PROGRAM SUPPORT - ENTREPRENEURSHIP 20,000
    FAINE HOUSE INC (THE)
    5616 CLARCONA OCOEE RD
    ORLANDO,FL32810     		NONE PC PROGRAM SUPPORT - SOCIAL SERVICES 2,500
    FELLOWSHIP OF CHRISTIAN ATHLETES
    8701 LEEDS RD
    STE 100
    KANSAS CITY,MO64129     		NONE PC PROGRAM SUPPORT - SOCIAL SERVICES 5,000
    FIRST CONGREGATIONAL CHURCH OF WINTER PARK INC
    225 S INTERLACHEN AVE
    STE 203
    WINTER PARK,FL32789     		NONE PC PROGRAM SUPPORT - SOCIAL SERVICES 2,500
    FIRST TEE OF CENTRAL FLORIDA
    1810 LEE RD
    ORLANDO,FL32810     		NONE PC PROGRAM SUPPORT - YOUTH 5,000
    FLORIDA CITRUS SPORTS ASSOCIATION INC
    1 CITRUS BOWL PL
    200
    ORLANDO,FL32805     		NONE PC PROGRAM SUPPORT - ARTS & CULTURE 503
    FLORIDA LEADERSHIP VENTURE INC
    2270 GILLIS CT
    MAITLAND,FL32751     		NONE PC PROGRAM SUPPORT - YOUTH 5,000
    FLORIDA UNITED METHODIST CHILDREN'S HOME INC
    450 MARTIN L KING JR AVE
    STE 199
    LAKELAND,FL33815     		NONE PC PROGRAM SUPPORT - SOCIAL SERVICES 5,000
    FOLDS OF HONOR FOUNDATION
    8551 N 125TH E AVE
    STE 100
    OWASSO,OK74055     		NONE PC PROGRAM SUPPORT - EDUCATION 25,000
    FOUNDATION FOR FOSTER CHILDREN
    2265 LEE RD
    STE 203
    WINTER PARK,FL32789     		NONE PC PROGRAM SUPPORT - SOCIAL SERVICES 6,000
    GIRL SCOUTS OF CITRUS COUNCIL INC
    341 N MILLS AVE
    STE 203
    ORLANDO,FL32803     		NONE PC PROGRAM SUPPORT - YOUTH 5,000
    GIVE KIDS THE WORLD INC
    210 S BASS RD
    KISSIMMEE,FL34746     		NONE PC PROGRAM SUPPORT - YOUTH 7,000
    GRACE MEDICAL HOME INC
    1417 E CONCORD ST
    ORLANDO,FL32803     		NONE PC PROGRAM SUPPORT - HEALTHCARE 17,000
    GRAND AVE ECONOMIC COMMUNITY DEVELOPMENT CORP
    3200 W COLONIAL DR
    ORLANDO,FL328088023     		NONE PC PROGRAM SUPPORT - SOCIAL SERVICES 1,000
    HEBNI NUTRITION CONSULTANTS INC
    2009 W CENTRAL BLVD
    ORLANDO,FL32805     		NONE PC PROGRAM SUPPORT - HEALTHCARE 2,000
    HIGHLANDS CASHIERS HEALTH FOUNDATION INC
    348 S 5TH ST
    STE 219
    HIGHLANDS,NC28741     		NONE PC PROGRAM SUPPORT - HEALTHCARE 4,750
    HOLOCAUST MEMORIAL RSRC & EDUC CTR OF FLORIDA INC
    851 N MAITLAND AVE
    MAITLAND,FL32751     		NONE PC PROGRAM SUPPORT - SOCIAL SERVICES 15,000
    IDIGNITY INC
    424 E CENTRAL BLVD
    STE 199
    ORLANDO,FL32801     		NONE PC PROGRAM SUPPORT - SOCIAL SERVICES 1,500
    JAMES MADISON INST FOR PUBLIC POLICY STUDIES (THE)
    100 N DUVAL ST
    TALLAHASSEE,FL32301     		NONE PC PROGRAM SUPPORT - FREE ENTERPRISE SYSTEM/ ENTREPRENEURSHIP 20,000
    JIMMY CRABTREE CANCER FUND INC
    PO BOX 770446
    WINTER GARDEN,FL347770046     		NONE PC PROGRAM SUPPORT - HEALTHCARE 5,000
    JOBS PARTNERSHIP OF FLORIDA (THE)
    2250 LEE RD
    STE 201
    WINTER PARK,FL32789     		NONE PC PROGRAM SUPPORT - SOCIAL SERVICES 5,000
    LAKE NONA INSTITUTE INC
    6900 TAVISTOCK LAKES BLVD
    STE 200
    ORLANDO,FL32827     		NONE PC PROGRAM SUPPORT - EDUCATION 20,000
    LEGAL AID SOCIETY OF THE ORANGE CO BAR ASSOC INC
    100 E ROBINSON ST
    ORLANDO,FL32801     		NONE PC PROGRAM SUPPORT - SOCIAL SERVICES 50,000
    LEUKEMIA & LYMPHOMA SOCIETY
    3 INTERNATIONAL DR
    2ND FLR
    RYE BROOK,NY10573     		NONE PC PROGRAM SUPPORT - HEALTHCARE 1,500
    LIFE CONCEPTS INC
    500 E COLONIAL DR
    ORLANDO,FL328034504     		NONE PC PROGRAM SUPPORT - HEALTHCARE 6,500
    LIFT ORLANDO INC
    2043 JACOBS PL
    ORLANDO,FL32805     		NONE PC PROGRAM SUPPORT - SOCIAL SERVICES 1,015,000
    LUPUS FOUNDATION OF AMERICA INC
    2121 K ST NW
    STE 200
    WASHINGTON,DC20037     		NONE PC PROGRAM SUPPORT - HEALTHCARE 1,000
    LUTHERAN COUNSELING SERVICES INC
    1505 ORCHID AVE
    WINTER PARK,FL32789     		NONE PC PROGRAM SUPPORT - SOCIAL SERVICES 5,000
    MORNING STAR SCHOOL
    725 MICKLER RD
    JACKSONVILLE,FL32211     		NONE PC PROGRAM SUPPORT - EDUCATION 35,000
    NAMIGO
    300 CROWN OAK CENTRE DR
    LONGWOOD,FL32750     		NONE PC PROGRAM SUPPORT - HEALTHCARE 1,000
    NEW IMAGE YOUTH CENTER
    212 S PARRAMORE AVE
    ORLANDO,FL32805     		NONE PC PROGRAM SUPPORT - YOUTH 27,500
    OPERA ORLANDO INC
    PO BOX 533974
    ORLANDO,FL32853     		NONE PC PROGRAM SUPPORT - ARTS 50,000
    ORLANDO DAY NURSERY
    626 LAKE DOT CIR
    ORLANDO,FL32801     		NONE PC PROGRAM SUPPORT - SOCIAL SERVICES 2,500
    ORLANDO HEALTH FOUNDATION INC
    3160 SOUTHGATE COMMERCE BLVD SUITE
    ORLANDO,FL32806     		NONE PC PROGRAM SUPPORT - HEALTHCARE 3,500
    ORLANDO MAGIC YOUTH FOUNDATION INC
    400 W CHURCH ST
    STE 250
    ORLANDO,FL32801     		NONE PC PROGRAM SUPPORT - YOUTH 10,000
    ORLANDO MUSEUM OF ART INC
    2416 N MILS AVE
    STE 250
    ORLANDO,FL32803     		NONE PC PROGRAM SUPPORT - ARTS 34,500
    ORLANDO PHILHARMONIC ORCHESTRA INC (THE)
    425 N BUMBY AVE
    STE 4700
    ORLANDO,FL32803     		NONE PC PROGRAM SUPPORT - ARTS 5,000
    ORLANDO SHAKESPEARE THEATER INC
    812 E ROLLINS ST
    STE 100
    ORLANDO,FL32803     		NONE PC PROGRAM SUPPORT - ARTS 5,000
    PET ALLIANCE OF GREATER ORLANDO INC
    2727 CONROY RD
    ORLANDO,FL32839     		NONE PC PROGRAM SUPPORT - SOCIAL SERVICES 1,500
    POLIS INSTITUTE INC
    PO BOX 560531
    ORLANDO,FL328560531     		NONE PC PROGRAM SUPPORT - SOCIAL SERVICES 5,000
    SALVATION ARMY (THE)
    416 W COLONIAL DR
    ORLANDO,FL32804     		NONE PC PROGRAM SUPPORT - SOCIAL SERVICES 25,000
    SAMARITAN VILLAGE INC
    PO BOX 149599
    ORLANDO,FL32814     		NONE PC PROGRAM SUPPORT - SOCIAL SERVICES 5,000
    SECOND HARVEST FOOD BANK OF CENTRAL FLORIDA INC
    411 MERCY DR
    ORLANDO,FL32805     		NONE PC PROGRAM SUPPORT - SOCIAL SERVICES 2,000
    SHEPHERD'S HOPE INC
    455 9TH ST
    WINTER GARDEN,FL34787     		NONE PC PROGRAM SUPPORT - HEALTHCARE 20,000
    TEE-LO GOLF INC
    8287 CURRY FORD RD
    6TH FLR
    ORLANDO,FL32822     		NONE PC PROGRAM SUPPORT - YOUTH 2,000
    UNITED AGAINST POVERTY INC
    1400 27TH ST
    VERO BEACH,FL32960     		NONE PC PROGRAM SUPPORT - SOCIAL SERVICES 10,000
    UNITED ARTS OF CENTRAL FLORIDA INC
    216 PASADENA PL
    ORLANDO,FL328033828     		NONE PC PROGRAM SUPPORT - ARTS 110,000
    UNITED CEREBRAL PALSY OF CENTRAL FLORIDA INC
    4780 DATA CT
    ORLANDO,FL32817     		NONE PC PROGRAM SUPPORT - HEALTHCARE 10,000
    UNIVERSITY OF TAMPA INC (THE)
    401 W KENNEDY BLVD
    TAMPA,FL336061490     		NONE PC PROGRAM SUPPORT - EDUCATION 5,000
    VALENCIA COLLEGE FOUNDATION INC
    1800 S KIRKMAN RD
    ORLANDO,FL32811     		NONE PC PROGRAM SUPPORT - EDUCATION 5,000
    WASHINGTON SHORES PRESBYTERIAN CHURCH
    3600 ROGERS DR
    STE 1700
    ORLANDO,FL32805     		NONE PC PROGRAM SUPPORT - SOCIAL SERVICES 2,500
    WELBOURNE AVENUE NURSERY AND KINDERGARTEN INC
    450 WELBOURNE AVE
    STE 800
    WINTER PARK,FL32789     		NONE PC PROGRAM SUPPORT - EDUCATION 3,000
    WEST ORANGE FOUNDATION INC
    12184 W COLONIAL DR
    WINTER GARDEN,FL347874146     		NONE PC PROGRAM SUPPORT - SOCIAL SERVICES 350
    WOUNDED WARRIOR OUTDOORS INC
    1041 CROWN PARK CIR
    WINTER GARDEN,FL34787     		NONE PC PROGRAM SUPPORT - SOCIAL SERVICES 5,000
    YOUNG SURVIVAL COALITION INC
    80 BROAD ST
    STE 1700
    NEW YORK,NY10004     		NONE PC PROGRAM SUPPORT - HEALTHCARE 5,000
    Total .................................bullet 3a 1,911,281
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 12
    Part XV-A
    Analysis of Income-Producing Activities
    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
    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 88  
    4 Dividends and interest from securities ....          
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....     16 100  
    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 2,802,261  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) ..   3,618,641  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    3,618,641
    (See worksheet in line 13 instructions to verify calculations.)
    Part XV-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		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.)
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 13
    Part XVI
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below?
    See instructions.
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2021)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2021 AccountingFeesSchedule
    Name:
    The Dr P Phillips Foundation
    EIN:
    59-6135403
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BDO USA, LLP 10,213 4,085 0 6,128

    TY 2021 CashDeemedCharitableExplnStmt
    Name:
    The Dr P Phillips Foundation
    EIN:
    59-6135403
    Explanation:
    ACTUAL ADMINISTRATIVE AND OTHER NORMAL AND CURRENT DISBURSEMENTS DIRECTLY CONNECTED WITH THE FOUNDATION'S CHARITABLE ACTIVITY EXCEED THE 1 1/2% OF THE FAIR MARKET VALUE OF ALL ASSETS. FYE 5/31/2018 $1,786,600 FYE 5/31/2019 $1,996,844 FYE 5/31/2020 $2,024,599 FYE 5/31/2021 $2,588,671 FYE 5/31/2022 $1,693,158 AVERAGE $2,017,975 CASH DEEMED HELD FOR CHARITABLE ACTIVITIES 90% OF AVERAGE $1,816,177

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2021 DepreciationSchedule
    Name:
    The Dr P Phillips Foundation
    EIN:
    59-6135403
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    The Dr P Phillips Foundation
    EIN:
    59-6135403
    Name of Stock End of Year Book Value End of Year Fair Market Value
    INTERNATIONAL GROWTH 3,211,733 3,754,028
    LARGE CAP VALUE 2,117,743 2,811,286
    MID-CAP INDEX 303,862 855,753
    LARGE CAP GROWTH 685,944 1,958,360
    INTERNATIONAL STOCK 1,921,361 2,092,573
    INTL EQTY - EM LOW VOLATILITY 394,125 406,980
    INTL EQTY - LOW VOLATILITY 1,630,806 1,668,071
    SMALL CAP VALUE 1,532,923 1,690,845
    SMALL CAP GROWTH 1,342,083 1,390,000
    FIXED INCOME - DODGE & COX 8,542,239 8,054,808
    S&P 500 5,888,240 10,147,481
    INTERNATIONAL VALUE 3,490,092 4,337,791
    GLOBAL - FIXED 3,429,548 3,164,038
    ING 2,246,729 1,977,122

    TY 2021 OtherExpensesSchedule
    Name:
    The Dr P Phillips Foundation
    EIN:
    59-6135403
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MATERIALS & CONTRACTS 45,384 0 0 45,384
    ADVERTISING & PROMOTION 27,718 0 0 27,718
    DUES & SUBSCRIPTIONS 26,420 0 0 26,420
    OFFICE EXPENSES 5,560 1,040 0 4,520
    INSURANCE 2,718 1,359 0 1,359
    MEALS & ENTERTAINMENT 19 0 0 19


    TY 2021 OtherIncomeSchedule2
    Name:
    The Dr P Phillips Foundation
    EIN:
    59-6135403
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    Other Income      


    TY 2021 OtherLiabilitiesSchedule
    Name:
    The Dr P Phillips Foundation
    EIN:
    59-6135403
    Description Beginning of Year - Book Value End of Year - Book Value
    LEASE DEPOSITS 3,000 3,000


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    TY 2021 OtherNotesLoansRcvblLongSch
    Name:
    The Dr P Phillips Foundation
    EIN:
    59-6135403

    Borrower's Name Relationship to Insider Original Amount of Loan Balance Due Date of Note Maturity Date Repayment Terms Interest Rate Security Provided by Borrower Purpose of Loan Description of Lender Consideration Consideration FMV
    LIFT ORLANDO INC NONE 3,100,000 0 2015-05 2021-06 OVER THREE YEAR PERIOD 1 % LAND REDUCE HOUSING INEQUITY    

    TY 2021 OtherProfessionalFeesSchedule
    Name:
    The Dr P Phillips Foundation
    EIN:
    59-6135403
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ARCHITECTURAL FEE 30,000 0 0 30,000


    TY 2021 TaxesSchedule
    Name:
    The Dr P Phillips Foundation
    EIN:
    59-6135403
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXCISE TAXES 61,369 0 0 0
    TAXES - LICENSES 2,325 2,325 0 0