Totals
- Total revenue
- $2,075,923
- Total expenses
- $95,741
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $2,075,923
- Other revenue
- $0
- Total assets, end of year
- $71,273,130
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $71,273,130
- Program services expenses (Part IX)
- $0
- Management and general expenses
- $95,741
- Fundraising expenses
- $0
- Program service expenses (Part III)
- not reported
Program services were 0.0% 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 $2,075,923 · excluded $2,075,923
Functional expenses
Part IX, the statement of functional expenses.
-
11b · Fees: legal
total $51,958 · management and general $51,958
-
11c · Fees: accounting
total $5,300 · management and general $5,300
-
13 · Office expenses
total $8,141 · management and general $8,141
-
17 · Travel
total $28,943 · management and general $28,943
-
24a · Other expenses: MISCELLANEOUS EXPENSES
total $1,399 · management and general $1,399
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,501,000 · end of year $1,143,927
-
2 · Savings and temporary cash investments
beginning of year $59,000,145 · end of year $54,387,769
-
12 · Investments: other securities
beginning of year $11,360,000 · end of year $15,741,434
-
15 · Other assets
beginning of year $0 · end of year $0
-
29 · Capital stock, trust principal or current funds
beginning of year $0 · end of year $0
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $0 · end of year $0
-
31 · Retained earnings, endowment or other funds
beginning of year $71,861,145 · end of year $71,273,130
Mission and programs · 2022
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.
-
PROGRAM SERVICE ACCOMPLISHMENT:IN THE REPORTING PERIOD, THE ORGANIZATION FORMED SCHOOL OF SACRED MUSIC, LLC AND EXPLORED EFFORTS AROUND GRANTING ACTIVITIES RELATED TO TRAINING OF CHURCH MUSICIANS.
As filed on the 2022 return.
Listed in Part VII
-
John Wolfe JrJOHN WOLFE JR
PRESIDENT & DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Albertus HorstingALBERTUS HORSTING
SECRETARY, TREASURER & DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
William GraceWILLIAM 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
No itemized grants to organizations 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 $0
Directly controlled by ITHURIEL FUND
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 11 October 2023
- IRS schema version
- 2022v5.0
- Source object
- 202332849349300433
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