| 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 |
|---|---|---|---|---|---|---|---|---|---|
| COMPUTER | 2018-10-01 | 3,329 | 2,830 | SL | 5 | 499 | |||
| COMPUTER | 2019-08-06 | 2,800 | 1,913 | SL | 5 | 140 |
| Identifier | Return Reference | Explanation |
|---|---|---|
| Part VIII-A (990-PF) | PART VIII-A (990-PF) | THE PIERCE FAMILY FOUNDATION IS WORKING TO INCREASE THE EFFICIENCY AND EFFECTIVENESS OF LOCAL PUBLIC CHARITIES COMMITTED TO ADDRESSING URBAN HOUSING AND HOMELESSNESS ISSUES BY PROVIDING THESE CHARITIES WITH OPERATIONAL AND STRATEGIC CONSULTANTS, UPGRADED COMPUTER HARDWARE AND SOFTWARE, AND MANAGEMENT TRAINING. |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| COMPUTER | ||||
| COMPUTER |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Administrative Fees | 20,006 | 20,006 | ||
| Bank Charges | 53 | 53 | ||
| Cell Phone Expense | 3,137 | 3,137 | ||
| Computers/Electronic Devices | 2,869 | 2,869 | ||
| Digital Subscriptions | 1,514 | 1,514 | ||
| Equipment Maintenance | 662 | 662 | ||
| Foundation Dues & Memberships | 4,933 | 4,933 | ||
| Indemnification Insurance | 819 | 819 | ||
| CREDIT CARD LATE FEES | 39 | 39 | ||
| Office Supplies | 1,767 | 1,767 | ||
| Postage/Delivery Service | 103 | 103 | ||
| State or Local Filing Fees | 50 | 50 | ||
| Website Hosting/Support | 5,712 | 5,712 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| Class Action Lawsuit Proceeds | 541 | 541 | |
| exempt-function income | 96,600 | 96,600 | |
| credit card rewards program | 702 | 702 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Philanthropic Consulting Srvcs | 388,465 | 388,465 | ||
| GRAPHIC DESIGN SERVICES | 1,900 | 1,900 | ||
| PHOTOGRAPHY SERVICES | 283 | 283 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| 990-PF Estimated Tax for 2023 | 4,200 | |||
| 990-PF Extension for 2022 | 2,700 | |||
| Foreign Tax Paid | 9 | 9 |