Civic Intelligence

The Cma Foundation

990 • Fiscal year 2023 • EIN 27-4842832

Apr 01, 2022 to Mar 31, 2023 • Filed on Dec 05, 2023

35 Music Square East 201Nashville, TN 37203

(615) 244-2840

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

10th percentile

0.00x

Higher debt load relative to assets than 10% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Liabilities / Revenue

8th percentile

0.01x

Higher debt load relative to revenue than 8% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Net Margin

94th percentile

66%

Higher net margin than 94% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Top Officer Pay

96th percentile

$864,652

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 19.5% of source-year revenue.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Asset Growth

82nd percentile

26%

Faster asset growth than 82% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Revenue Growth

92nd percentile

90%

Faster revenue growth than 92% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Assets

Up

$11,027,480

Up $2,283,387 (+26%) from 2022

Net Assets

Up

$10,997,038

Up $2,256,949 (+26%) from 2022

Liabilities

Up

$30,442

Up $26,438 (+660%) from 2022

Revenue

Up

$4,441,791

Up $2,102,783 (+90%) from 2022

Expenses

Up

$1,507,192

Up $360,794 (+31%) from 2022

Net Income

Up

$2,934,599

Up $1,741,989 (+146%) from 2022

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$20M$15M$10M$5.0M$0Assets 2012: $8,092,724Liabilities 2012: $363,273Net Assets 2012: $7,729,4512012Assets 2013: $8,787,482Liabilities 2013: $185,037Net Assets 2013: $8,602,4452013Assets 2014: $8,715,675Liabilities 2014: $1,060,000Net Assets 2014: $7,655,6752014Assets 2015: $9,027,647Liabilities 2015: $0Net Assets 2015: $9,027,6472015Assets 2016: $9,383,112Liabilities 2016: $125,582Net Assets 2016: $9,257,5302016Assets 2018: $7,491,594Liabilities 2018: $1,521Net Assets 2018: $7,490,0732018Assets 2019: $7,552,576Liabilities 2019: $53,886Net Assets 2019: $7,498,6902019Assets 2020: $6,954,785Liabilities 2020: $293,487Net Assets 2020: $6,661,2982020Assets 2021: $8,861,789Liabilities 2021: $1,189,990Net Assets 2021: $7,671,7992021Assets 2022: $8,744,093Liabilities 2022: $4,004Net Assets 2022: $8,740,0892022Assets 2023: $11,027,480Liabilities 2023: $30,442Net Assets 2023: $10,997,0382023Assets 2024: $13,893,513Liabilities 2024: $37,644Net Assets 2024: $13,855,8692024Assets 2025: $15,823,122Liabilities 2025: $172,881Net Assets 2025: $15,650,2412025

Highlighted filing

2023

Assets$11,027,480
Liabilities$30,442
Net Assets$10,997,038

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2012: $503,7052012Revenue 2013: $2,268,640Expenses 2013: $1,821,308Net Income 2013: $447,3322013Revenue 2014: $2,468,447Expenses 2014: $3,306,020Net Income 2014: -$837,5732014Revenue 2015: $6,244,300Expenses 2015: $4,521,393Net Income 2015: $1,722,9072015Revenue 2016: $3,321,381Expenses 2016: $3,243,782Net Income 2016: $77,5992016Revenue 2018: $3,626,969Expenses 2018: $3,415,139Net Income 2018: $211,8302018Revenue 2019: $4,566,195Expenses 2019: $4,533,065Net Income 2019: $33,1302019Revenue 2020: $4,909,177Expenses 2020: $5,059,222Net Income 2020: -$150,0452020Revenue 2021: $1,317,305Expenses 2021: $1,829,805Net Income 2021: -$512,5002021Revenue 2022: $2,339,008Expenses 2022: $1,146,398Net Income 2022: $1,192,6102022Revenue 2023: $4,441,791Expenses 2023: $1,507,192Net Income 2023: $2,934,5992023Revenue 2024: $4,321,613Expenses 2024: $2,423,061Net Income 2024: $1,898,5522024Revenue 2025: $5,378,796Expenses 2025: $3,184,961Net Income 2025: $2,193,8352025

Highlighted filing

2023

Revenue$4,441,791
Expenses$1,507,192
Net Income$2,934,599
Jump To
Filing Snapshot
Filing Period
Apr 1, 2022 to Mar 31, 2023
Signed
Dec 5, 2023
Return Version
2022v5.0
Gross Receipts
$4,507,353
Mission and Program Overview

Mission

Guided by the generosity of the country music community, the cma foundation focuses on improving and sustaining music education programs everywhere while supporting worthwhile causes important to the country music association.

The cma foundation exists to provide financial support to worthwhile causes that are important to the country music association and the country music community. The cma foundation places special emphasis on serving the need of cmas core constituents, nonprofit organizations with initiatives that preserve the legacy of the format, music education, and respond to catastrophic needs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$5,464,254$7,295,363▲ $1,831,109
Savings and Temporary Cash Investments$2,560,375$3,184,035▲ $623,660
Cash and Non-Interest-Bearing Accounts$718,714$511,542▼ $207,172
Accounts Receivable-$36,540-
Prepaid Expenses and Deferred Charges$750$0▼ $750
Total Assets$8,744,093$11,027,480▲ $2,283,387
Liabilities
Accounts Payable and Accrued Expenses$4,004$30,442▲ $26,438
Total Liabilities$4,004$30,442▲ $26,438
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$4,253,773$6,510,722▲ $2,256,949
Net Assets With Donor Restrictions$4,486,316$4,486,316→ $0
Total Net Assets Fund Balance$8,740,089$10,997,038▲ $2,256,949
Total Liabilities and Net Assets / Fund Balance$8,744,093$11,027,480▲ $2,283,387

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2022$4,486,316---$4,486,316
2021$4,486,316---$4,486,316
2020$4,486,316---$4,486,316
2019$4,486,316---$4,486,316
2018$4,486,316---$4,486,316
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
-Ex Officio - PresidentPT$864,652$864,652
-Ex Officio - Secretary/trePT$240,528$240,528
-Exec Director & VP Community OuFT$197,665$197,665

Board Members and Trustees

NameTitle
-Chairman
Sarah TrahernEx Officio - President
-Vice Chairman
-Director
Amy SmarttDirector
Mendell GrinterDirector
Sarah TrahernDirector
Tiffany KernsDirector
Tyne ParrishDirector
Tiffany KernsExec Director & VP Community Ou
Amy SmarttEx Officio - Secretary/tre
Revenue and Support

Revenue Composition

Contributions and Grants
$4,168,317
Program Service Revenue
$0
Investment Income
$273,474
Other Revenue
$0
All Other Contributions
$374,264
Change in Net Assets
$2,934,599

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Clothing and Household Goods-$16,171Fair Market Value (FMV)
Other Non Cash Contri Table30$10,000Fair Market Value (FMV)
Other Non Cash Contri Table30$747Fair Market Value (FMV)
Other Non Cash Contri Table2$600Fair Market Value (FMV)
Total Noncash Contributions62$27,518-

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,395,184
Revenue Not Reported on Financial Statements
$46,607
Revenue Not Reported on Form 990
$-677,650
Other Revenue Adjustments
$46,607
Total Revenue per Audited Statements
$3,717,534
Total Revenue per Form 990
$4,441,791
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$948,543
Other Expenses$544,464
Salaries, Compensation, and Employee Benefits$14,185
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$948,543--$948,543
Fees for Services Other$17,500$67,219-$84,719
Fees for Service Investment Mgmnt Fees-$46,607-$46,607
Other Salaries and Wages-$14,185-$14,185
Travel-$13,861-$13,861
Information Technology-$10,978-$10,978
Fees for Services Accounting-$8,500-$8,500
Other Expenses$5,972$2,250-$8,222
Office Expenses-$5,868-$5,868
Advertising-$4,324-$4,324
Conferences and Meetings-$579-$579
Total Functional Expenses$1,093,255$413,937$0$1,507,192

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$1,507,192
Expenses per Audited Statements$1,460,585
Total Expenses per Audited Statements$1,460,585
Expenses Not Reported on Financial Statements$46,607
Other Expense Adjustments$46,607
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
The Mr Hollands Opus FoundationStudio City, CA501c3Mhof Sota Grant$500,000
Music Health AllianceNashville, TN501c3Music Health Alliance Grant 22$100,000
National Association for Music EducationReston, VA501c3Nafme Anhe Sponsorship$40,000
Nashville Public Education FoundationNashville, TN501c3Mote$30,000
Country Music Hall of FameNashville, TN501c3Cmhof Grant$25,000
Tennessee Arts Academy FoundationNashville, TN501c3Tta Grant$25,000
Tennessee Performing Arts CenterNashville, TN501c3Tpac Grant$25,000
Tennessee Music Education AssociationMurfreesboro, TN501c3Tmea Grant 2022-2023$24,000
Follow Your Heart Arts ProgramRidgeland, MSC CorporationFyh Grant$15,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Members of voluntary board are from all areas of industry. It is common for one company to do business with another company of another board member.

Form 990, Part VI, Section B, Line 11B

A copy of the completed form 990 is posted on the board website and a 990 review session is held and open to all board members to attend. In addition, the chairman, secretary/treasurer, president and other board members review and approve the form 990 before it is filed.

Form 990, Part VI, Section B, Line 12C

A conflict of interest disclosure statement is filled out that states any affiliation, relation, or projects that are or could be a conflict to the relationship or position held with the cma foundation.

Form 990, Part VI, Section C, Line 19

The organization's governing documents, conflict of interest policy, and financial statements are available to the public upon request only.

Filing and Contact Details

Filer

Filer Name
The Cma Foundation
EIN
27-4842832
Phone
6152442840
Address
35 MUSIC SQUARE EAST 201, NASHVILLE, TN 37203

Signing Officer

Name
Mendell Grinter
Title
Foundation Board Chair
Phone
6152442840
Signed
2023-12-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mendell Grinter
Formed
2011
Legal Domicile
Tn
Voting Board Members
15
Independent Board Members
15
Employees
0
Volunteers
0

Preparer

Firm
Lbmc Pc
Address
PO BOX 1869, BRENTWOOD, TN 37024-1869
Preparer
Kayla Jenkins
Phone
6153774600
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

The process has not changed from the previous year.

Financial Statement Notes

PART V, LINE 4:

Initial endowment is stipulated as permanent funds. The organization can only spend the interest and earnings for the operation of the organization.

PART X, LINE 2:

The foundation is an exempt organization from federal income taxes under the provisions of internal revenue code section 501(c)(3) and, accordingly, no provision for federal income taxes is included in the financial statements. The foundation recognizes the tax benefit associated with a tax position taken for tax return purposes when it is more likely than not the position will be sustained. The foundation does not believe there are any material uncertain tax positions that qualify for either recognition or disclosure in the financial statements. It is the foundation's policy to recognize interest and/or penalties related to income tax matters in income tax expense. As of march 31, 2023, the foundation has accrued no interest and no penalties related to uncertain tax positions. The foundation is subject to u.s. Federal tax examination for three years from the date the return was filed.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Investment expenses netted with revenue 46,607.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Investment expenses netted with revenue 46,607.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt14VICE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt15EX OFFICIO - PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt16EX OFFICIO - SECRETARY/TRE
IRS990/Form990PartVIISectionAGrp/TitleTxt17EXEC DIR & VP COMMUNITY OU
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02011
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IRS990/GoverningBodyVotingMembersCnt015
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IRS990/GrantsToOrganizationsInd01
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IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0GUIDED BY THE GENEROSITY OF THE COUNTRY MUSIC COMMUNITY, THE CMA FOUNDATION FOCUSES ON IMPROVING AND SUSTAINING MUSIC EDUCATION PROGRAMS EVERYWHERE WHILE SUPPORTING WORTHWHILE CAUSES IMPORTANT TO THE COUNTRY MUSIC ASSOCIATION.
IRS990/MoreThan5000KToIndividualsInd00
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IRS990/NetUnrelatedBusTxblIncmAmt00
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IRS990/NoncashContributionsAmt027518
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt05868
IRS990/OfficeExpensesGrp/TotalAmt05868
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
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IRS990/OtherExpensesGrp/Desc0ADMINISTRATIVE
IRS990/OtherExpensesGrp/Desc1F&B, CATERING, HOSPITAL
IRS990/OtherExpensesGrp/Desc2PRODUCTION
IRS990/OtherExpensesGrp/Desc3GIFTS AND AWARDS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0228108
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt111458
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt22250
IRS990/OtherExpensesGrp/ProgramServicesAmt028
IRS990/OtherExpensesGrp/ProgramServicesAmt161437
IRS990/OtherExpensesGrp/ProgramServicesAmt259775
IRS990/OtherExpensesGrp/ProgramServicesAmt35972
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IRS990/OtherExpensesGrp/TotalAmt172895
IRS990/OtherExpensesGrp/TotalAmt259775
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IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0750
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0MENDELL GRINTER
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IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01810404
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0799700
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IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02339008
IRS990/QuidProQuoContributionsInd01
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IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
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IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgQualifiedInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind01
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtExclusivelySec170c2BInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0BEFORE THE PREPARATION OF ORGANIZATION'S FORM 1023, THE ORGANIZATION'S LAWYERS AND CPAS RESEARCHED THIS QUESTION AND DETEREMINED THAT THE SUPPORTED ORGANIZATION DID MEET THE SUPPORT TEST UNDER IRC SECTION 509(A)(2).
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1THE ORGANIZATION HAS DEVELOPED AND IMPLEMENTED GIVING GUIDELINES THAT ENSURE THAT DONATIONS ARE ONLY MADE TO OTHER 501(C)(3) ORGANIZATIONS. THE ORGANZIATION WILL ONLY CONSIDER DONATION REQUESTS THAT ARE REQUESTED BY SUBMISSION OF A WRITTEN PROPOSAL AND COMPLY WITH THE PROCESS ADOPTED BY THE ORGANZATION'S BOARD.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt2THE TYPE II SUPPORTING ORGANIZATION'S EXEMPT PURPOSE IS TO SUPPORT THE EDUCATIONAL, CHARITABLE, AND CULTURAL ACTIVITIES OF THE COUNTRY MUSIC ASSOCIATION, INC. (SUPPORTED ORGANIZATION), A TN NONPROFIT CORPORATION, CONGRUENT WITH THE MISSION OF THE SUPPORTED ORGANIZATION, AND TO RAISE SUFFICIENT FUNDS, THROUGH SOLICITATION OF INDIVIDUALS AND OTHERS, TO FULLY SUPPORT THE MISSION AND VISION OF THE SUPPORTED ORGANIZATION.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt3FROM TIME TO TIME, A MAJORITY OF THE TYPE II SUPPORTING ORGANZATION'S GOVERNING BOARD WILL CONSIST OF INDIVIDUALS ALSO SERVING ON THE BOARD OF THE SUPPORTED ORGANIZATION. PER THE TYPE II SUPPORTING ORGANIZATION'S BYLAWS, THE DIRECTORS OF THE SUPPORTING ORGANZIATION MUST BE ELECTED FROM A SLATE OF NOMINEES APPROVED AND SUBMITTED BY THE SUPPORTED ORGANIZATION'S BOARD OF DIRECTORS. DIRECTORS SHALL BE ELECTED BY MAJORITY VOTE OF THE TYPE II SUPPORTING ORGANIZATION'S BOARD OF DIRECTORS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCH A, PART IV, SECTION A, QUESTION 3B
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1SCH A, PART IV, SECTION A, QUESTION 3C
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc2SCH A, PART IV, SECTION A, QUESTION 6
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc3SCH A, PART IV, SECTION C
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IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0COUNTRY MUSIC ASSOCIATION
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType2Ind0X
IRS990ScheduleA/SupportSumAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
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IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt04486316
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt04486316
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt04486316
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt04486316
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt04486316
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt04486316
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt04486316
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt04486316
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt04486316
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt046607
IRS990ScheduleD/ExpensesSubtotalAmt01460585
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-677650
IRS990ScheduleD/OtherExpensesNotIncludedAmt046607
IRS990ScheduleD/OtherRevenuesNotIncludedAmt046607
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct01.00000
IRS990ScheduleD/RevenueNotReportedAmt0-677650
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt046607
IRS990ScheduleD/RevenueSubtotalAmt04395184
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0INITIAL ENDOWMENT IS STIPULATED AS PERMANENT FUNDS. THE ORGANIZATION CAN ONLY SPEND THE INTEREST AND EARNINGS FOR THE OPERATION OF THE ORGANIZATION.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE FOUNDATION IS AN EXEMPT ORGANIZATION FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF INTERNAL REVENUE CODE SECTION 501(C)(3) AND, ACCORDINGLY, NO PROVISION FOR FEDERAL INCOME TAXES IS INCLUDED IN THE FINANCIAL STATEMENTS. THE FOUNDATION RECOGNIZES THE TAX BENEFIT ASSOCIATED WITH A TAX POSITION TAKEN FOR TAX RETURN PURPOSES WHEN IT IS MORE LIKELY THAN NOT THE POSITION WILL BE SUSTAINED. THE FOUNDATION DOES NOT BELIEVE THERE ARE ANY MATERIAL UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. IT IS THE FOUNDATION'S POLICY TO RECOGNIZE INTEREST AND/OR PENALTIES RELATED TO INCOME TAX MATTERS IN INCOME TAX EXPENSE. AS OF MARCH 31, 2023, THE FOUNDATION HAS ACCRUED NO INTEREST AND NO PENALTIES RELATED TO UNCERTAIN TAX POSITIONS. THE FOUNDATION IS SUBJECT TO U.S. FEDERAL TAX EXAMINATION FOR THREE YEARS FROM THE DATE THE RETURN WAS FILED.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2INVESTMENT EXPENSES NETTED WITH REVENUE 46,607.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3INVESTMENT EXPENSES NETTED WITH REVENUE 46,607.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XI, LINE 4B - OTHER ADJUSTMENTS:

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