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← THE PETZNICK STEWART FOUNDATION % ARIZONA COMMUNITY FOUNDATION

Form 990 for tax year 2022

Filed by THE PETZNICK STEWART FOUNDATION % ARIZONA COMMUNITY FOUNDATION.

Totals

Total revenue
$47,687
Total expenses
$142,755
Contributions and grants received
$0
Grants paid
$125,000
Program service revenue
$0
Investment income
$47,687
Other revenue
$0
Total assets, end of year
$1,345,330
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$1,345,330
Program services expenses (Part IX)
$125,000
Management and general expenses
$17,755
Fundraising expenses
$0
Program service expenses (Part III)
$125,000

Program services were 87.6% 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 $21,602 · excluded $21,602

  • 7a · Gross sales of assets other than inventory

    securities $26,085

  • 7b · Less cost or other basis and sales expenses

    securities $0

  • 7c · Gain or loss

    securities $26,085

  • 7d · Net gain or loss

    total $26,085 · excluded $26,085

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $125,000 · program services $125,000

  • 11a · Fees: management

    total $15,424 · management and general $15,424

  • 11f · Fees: investment management

    total $2,331 · management and general $2,331

Balance sheet

Part X, book values.

  • 11 · Investments: publicly traded securities

    beginning of year $1,531,096 · end of year $1,345,330

  • 27 · Net assets without donor restrictions

    beginning of year $1,531,096 · end of year $1,345,330

Mission and programs · 2022

Mission

TO PERFORM THE FUNCTIONS OF, OR TO CARRY OUT THE PURPOSES OF THE ARIZONA COMMUNITY FOUNDATION, AN AZ NONPROFIT CORPORATION, SO LONG AS ARIZONA COMMUNITY FOUNDATION REMAINS A QUALIFIED ORGANIZATION.

  • GRANTS TO CHARITABLE ORGANIZATIONS IN SUPPORT OF THE PURPOSES OF THE ARIZONA COMMUNITY FOUNDATION, INC.

    Expenses $125,000 · Grants $125,000

As filed on the 2022 return.

Listed in Part VII

  • Mary Upchurch

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Hope Leibsohn

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Lora Golke

    DIRECTOR

    Total calculated
    $185,637
    From this org
    $0
    From related orgs
    $153,611
    Other
    $32,026
    Hours/week
    1 + 45 related

    Schedule J breakdown matched by us

    Base
    $0 + $150,111 related
    Bonus
    $0 + $3,500 related
    Other
    $0
    Deferred
    $0 + $18,013 related
    Nontaxable benefits
    $0 + $14,013 related
    Filer's total
    $0 + $185,637 related

  • Beverly J Stewart

    CO-CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Patricia A Petznick

    CO-CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Earl A Petznick Jr

    CO-CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Kyla Quintero

    SECRETARY/TREASURER AS OF

    Total calculated
    $358,782
    From this org
    $0
    From related orgs
    $329,688
    Other
    $29,094
    Hours/week
    1 + 45 related

    Schedule J breakdown matched by us

    Base
    $0 + $289,938 related
    Bonus
    $0 + $39,750 related
    Other
    $0
    Deferred
    $0 + $17,396 related
    Nontaxable benefits
    $0 + $11,698 related
    Filer's total
    $0 + $358,782 related

  • Olen Petznick

    CO-CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Michelle Kerrik

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Kimberly Kur

    DIRECTOR

    Total calculated
    $273,638
    From this org
    $0
    From related orgs
    $246,700
    Other
    $26,938
    Hours/week
    1 + 45 related

    Schedule J breakdown matched by us

    Base
    $0 + $216,700 related
    Bonus
    $0 + $30,000 related
    Other
    $0
    Deferred
    $0 + $26,004 related
    Nontaxable benefits
    $0 + $934 related
    Filer's total
    $0 + $273,638 related

  • Anna Maria Chavez

    PRESIDENT

    Total calculated
    $45,000
    From this org
    $0
    From related orgs
    $45,000
    Other
    $0
    Hours/week
    1 + 45 related

  • Steven G Seleznow

    PRESIDENT (THRU 2/3/23)

    Total calculated
    $711,742
    From this org
    $0
    From related orgs
    $658,433
    Other
    $53,309
    Hours/week
    1 + 45 related

    Schedule J breakdown matched by us

    Base
    $0 + $495,838 related
    Bonus
    $0 + $162,595 related
    Other
    $0
    Deferred
    $0 + $36,600 related
    Nontaxable benefits
    $0 + $16,709 related
    Filer's total
    $0 + $711,742 related

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

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.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

  • LIBERTY INV LLLP

    EXCLUDED · INVESTMENT · AZ · 97% owned · share of income -$78,275 · share of assets $598,644

  • FTP HOLDINGS LLC

    EXCLUDED · INVESTMENT · AZ · 95% owned · share of assets $234,701

  • CASSIDY CHARITABLE LP

    EXCLUDED · INVESTMENT · AZ · 99% owned · share of assets $24,300

  • A&C LAKESIDE INV

    EXCLUDED · INVESTMENT · AZ · 97% owned · share of assets $489,000

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • CHARITABLE REMAINDER TRUST (19)

    INVESTMENT · AZ

  • CHARITABLE LEAD TRUST (2)

    INVESTMENT · AZ

Provenance

Return type
form_990
Tax year
2022
Filed
16 December 2023
IRS schema version
2022v5.0
Source object
202333539349300013

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