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← ITHURIEL FUND

Form 990 for tax year 2023

Filed by ITHURIEL FUND.

Totals

Total revenue
$4,482,147
Total expenses
$588,991
Contributions and grants received
$0
Grants paid
$10,000
Program service revenue
$0
Investment income
$4,482,147
Other revenue
$0
Total assets, end of year
$76,784,541
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$76,784,541
Program services expenses (Part IX)
$83,962
Management and general expenses
$505,029
Fundraising expenses
$0
Program service expenses (Part III)
$83,962

Program services were 14.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 3 · Investment income

    total $4,482,147 · excluded $4,482,147

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $10,000 · program services $10,000

  • 7 · Other salaries and wages

    total $115,383 · management and general $115,383

  • 9 · Other employee benefits

    total $2,689 · management and general $2,689

  • 10 · Payroll taxes

    total $50,507 · management and general $50,507

  • 11b · Fees: legal

    total $157,778 · management and general $157,778

  • 11c · Fees: accounting

    total $24,342 · management and general $24,342

  • 11g · Fees: other

    total $32,711 · program services $32,024 · management and general $687

  • 12 · Advertising and promotion

    total $16,007 · program services $12,533 · management and general $3,474

  • 13 · Office expenses

    total $4,937 · management and general $4,937

  • 14 · Information technology

    total $18,832 · management and general $18,832

  • 16 · Occupancy

    total $50,361 · management and general $50,361

  • 17 · Travel

    total $58,957 · management and general $58,957

  • 20 · Interest

    total $1,187 · management and general $1,187

  • 22 · Depreciation, depletion and amortization

    total $267 · management and general $267

  • 24a · Other expenses: WORKSHOPS

    total $19,500 · program services $19,500

  • 24b · Other expenses: MOVING EXPENSES

    total $12,585 · management and general $12,585

  • 24c · Other expenses: SUPPLIES

    total $9,905 · program services $9,905

  • 24e · All other expenses

    total $3,043 · management and general $3,043

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,143,927 · end of year $14,945

  • 2 · Savings and temporary cash investments

    beginning of year $54,387,769 · end of year $58,415,511

  • 9 · Prepaid expenses and deferred charges

    beginning of year $0 · end of year $5,092

  • 10a · Land, buildings and equipment: cost or other basis

    $32,000

  • 10b · Land, buildings and equipment: accumulated depreciation

    $267

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $31,733

  • 12 · Investments: other securities

    beginning of year $15,741,434 · end of year $18,317,260

  • 15 · Other assets

    beginning of year $0 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $0 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $71,273,130 · end of year $76,784,541

Mission and programs · 2023

Mission

THE FUND WAS FORMED TO MAKE GRANTS TO DOMESTIC NONPROFIT ORGANIZATIONS THAT ARE ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE, RELIGIOUS, AND EDUCATIONAL PURPOSES, INCLUDING BUT NOT LIMITED TO THOSE DEDICATED TO ADVANCING EDUCATIONAL, CULTURAL, AND RELIGIOUS CAUSES.

Activities or mission (Part I)

THE FUND WAS FORMED TO MAKE GRANTS TO DOMESTIC NONPROFIT ORGANIZATIONS (CONTINUED ON SCHEDULE O) THAT ARE ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE, RELIGIOUS, AND EDUCATIONAL PURPOSES, INCLUDING BUT NOT LIMITED TO THOSE DEDICATED TO ADVANCING EDUCATIONAL, CULTURAL, AND RELIGIOUS CAUSES.

  • IN THE REPORTING PERIOD, THE ORGANIZATION'S SUBSIDIARY ENTITY SCHOOL OF SACRED MUSIC, LLC, ORGANIZED SACRED MUSIC EVENTS IN THE NEW YORK AREA. IN ADDITION, THE ORGANIZATION CONTINUED TO SEARCH FOR CHARITABLE ORGANIZATIONS TO SUPPORT THROUGH ITS GRANTMAKING EFFORTS.

    Expenses $83,962 · Grants $10,000

As filed on the 2023 return.

Listed in Part VII

  • John Wolfe Jr

    PRESIDENT & DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Albertus Horsting

    SECRETARY, TREASURER & DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • William Grace

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • SCHOOL OF SACRED MUSIC LLC

    TRAINING OF CHURCH MUSICIANS · DE · income $0 · assets $51,769

    Directly controlled by ITHURIEL FUND

Provenance

Return type
form_990
Tax year
2023
Filed
14 October 2024
IRS schema version
2023v5.1
Source object
202432889349301858

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