2024-05-07T06:58:55-05:00 2023-06-30 721396621 CARR RIGGS & INGRAM LLC 215 BAYTREE DRIVE MELBOURNE FL 32940 990 2022-07-01 593184658 NATIONAL FOUNDATION FOR YOUTH INC NATI 3216312022 516 DELANNOY AVE COCOA FL 32922 JAMES T SWANN III CHAIRMAN, DIRECTOR, TREASURER 3216312022 2024-02-27 1 JAMES SWANN III 999009999 0 ROMAN G CARRAWAY CPA P00448173 3212550088 2024-02-26 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z JAMES T SWANN III 516 DELANNOY AVE COCOA FL 32922 12727858 0 X N/A X 1993 FL TO RAISE, MAINTAIN AND ADMINISTER FUNDS TO NON-PROFIT ORGANIZATIONS PROVIDING EDUCATIONAL, REHABILITATIVE, THERAPEUTIC AND ENVIRONMENTAL PROGRAMS FOR YOUTH AND YOUNG ADULTS. 5 0 0 0 0 0 0 0 0 0 2108846 1698621 0 0 2108846 1698621 2041797 2358496 0 0 18000 19000 0 0 0 296566 296837 2356363 2674333 -247517 -975712 70901613 77486648 642111 370111 70259502 77116537 TO PROVIDE A CHANNEL OF SUPPORT FOR CHARITABLE ORGANIZATIONS WHICH PROVIDE NON-TRADITIONAL OR INNOVATIVE PROGRAMS OF EDUCATION, REHABILITATION AND INTERVENTION FOR AT-RISK CHILDREN, YOUTH AND YOUNG ADULTS. 0 0 2358496 2358496 RAISED FUNDS AND GRANTED THEM TO ORGANIZATIONS SUCH AS ECKERD YOUTH ALTERNATIVES, INC., WHICH PROVIDES PROGRAMS FOR INTERVENTION AND EDUCATION FOR AT-RISK CHILDREN, YOUTH AND YOUNG ADULTS. 2358496 1 0 0 0 0 0 0 0 0 1 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 1 0 0 0 1 5 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 0 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 1 0 X JAMES T SWANN III 3216312022 516 DELANNOY AVE COCOA FL 32922 JAMES T SWANN III CHAIRMAN & TREASURER 1.00 0.30 X X 4500 0 0 NANCY ECKERD NICHOLS DIRECTOR 7.00 0.30 X 6969 0 0 CHERYL E ERNST DIRECTOR 1.00 X 6075 0 0 RICHARD ECKERD DIRECTOR 1.00 X 6769 0 0 JOHN PHILLIP SHORT DIRECTOR 2.00 X 4186 0 0 28499 0 0 0 0 0 0 GOLDMAN SACHS & CO LLC 101 CONSTITUTION AVANUE NW 10TH FL WASHINGTON DC 20001 INVESTMENT MANAGEMENT 254740 1 1832667 1832667 10895191 11029237 -134046 -134046 -134046 1698621 0 0 1698621 2358496 2358496 19000 19000 10024 10024 254740 254740 437 437 24359 24359 7277 7277 2674333 2358496 315837 0 29130 13267 2628 7393 27044309 25070871 43825546 52395117 70901613 77486648 642111 370111 642111 370111 X 46238104 51007792 24021398 26108745 70259502 77116537 70901613 77486648 -975712 7832747 0 X X 1 X 0 1 0 X X 1 ECKERD YOUTH ALTERNATIVES INC 592551416 2 1 2358496 0 1 2358496 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 1735640 1832667 1735640 1832667 0 0 157283 157919 0 0 1578357 1674748 80545073 73321414 11916 13977 0 0 80556989 73335391 0 0 0 80556989 73335391 1208355 1100031 79348634 72235360 2777202 2528238 0 0 2777202 2528238 1578357 1341603 2777202 2777202 0 2777202 2630496 0 0 0 0 0 2630496 2630496 2777202 94.720000000000 2777202 0 0 0 0 0 1095112 1095112 0 1095112 0 0 2630496 0 1682090 948406 0 0 948406 0 0 0 0 948406 PAGE 5 - PART IV SECTION D LINE 3: THE CHAIRMAN OF NATIONAL FOUNDATION FOR YOUTH, INC. (THE SUPPORTING ORGANIZATION) SITS ON THE BOARD OF ECKERD YOUTH ALTERNATIVES, INC.(THE SUPPORTED ORGANIZATION) AND HAS A SIGNIFICANT VOICE IN THE SUPPORTING ORGANIZATION'S INVESTMENT POLICIES, GRANT MAKING, AND USE OF ASSETS. PAGE 4 - PART IV SECTION A LINE 1: DATING BACK TO A COURT ORDER FROM DECEMBER OF 2011, IT WAS DEEMED THAT 25% OF THE VALUE OF THE JACK M. REVOCABLE TRUST BE DISTRIBUTED TO THE NATIONAL FOUNDATION FOR YOUTH TO BE HELD AS AN ENDOWMENT FUND, AND DISTRIBUTIONS FROM SUCH ENDOWMENT FUND BE MADE TO ECKERD YOUTH ALTERNATIVES, INC. IN AN AMOUNT OF 1% OF THE AVERAGE OF THE FAIR MARKET VALUE OF THE ASSETS IN THE ENDOWMENT FUND. 24291580 3235484 1069947 87086 26370031 28463443 247954 -3302500 1030008 87309 24291580 22827046 5636397 28463443 23537367 -710321 22827046 23318627 218740 23537367 0.00991 0.99009 0 0 0 ISHARES MSCI EAFE INTERNATIONAL INDEX FUND 13479610 F ISHARES SHORT-TERM CORPORATE BOND 5310244 F ISHARES S&P 500 INDEX FUND 33605263 F 52395117 X PART V, LINE 4: AN AMOUNT EQUAL TO ONE PERCENT OF THE AVERAGE MARKET VALUE OF THE PERMANENT ENDOWMENT FUND (BASED ON THE EIGHT PRECEDING QUARTERS) IS DISTRIBUTED QUARTERLY TO ECKERD YOUTH ALTERNATIVES, INC., A FLORIDA NON-PROFIT CORPORATION. PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(A) OF THE INTERNAL REVENUE CODE AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3) AND IS CLASSIFIED AS OTHER THAN A PRIVATE FOUNDATION. THEREFORE, ONLY INCOME FROM BUSINESS UNRELATED TO THE FOUNDATION'S CHARITABLE PURPOSE IS SUBJECT TO FEDERAL OR STATE INCOME TAX. THE FOUNDATION IS ORGANIZED AND OPERATED EXCLUSIVELY FOR THE BENEFIT OF ONE OR MORE SECTION 501(A) PUBLICLY SUPPORTED ORGANIZATIONS, AND IS CONSIDERED TO BE A TYPE III - NON-FUNCTIONALLY INTEGRATED SUPPORT ORGANIZATION. CONTRIBUTIONS TO THE FOUNDATION ARE QUALIFIED AS DEDUCTIONS FOR CHARITABLE CONTRIBUTIONS. THE FOUNDATION UTILIZES THE ACCOUNTING REQUIREMENTS ASSOCIATED WITH UNCERTAINTY IN INCOME TAXES USING THE PROVISIONS OF FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ASC 740, INCOME TAXES. USING THAT GUIDANCE, TAX POSITIONS INITIALLY NEED TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS WHEN IT IS MORE-LIKELY-THAN-NOT THE POSITIONS WILL BE SUSTAINED UPON EXAMINATION BY THE TAX AUTHORITIES. IT ALSO PROVIDES GUIDANCE FOR DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE AND TRANSITION. AS OF JUNE 30, 2023, THE FOUNDATION HAS NO UNCERTAIN TAX PROVISIONS THAT QUALIFY FOR RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. 1 ECKERD YOUTH ALTERNATIVES INC 100 NORTH STARCREST DRIVE CLEARWATER FL 33765 592551416 501(C)(3) 2358496 0 SUPPORT THE GROUP'S PROGRAMS OF EDUCATION FOR AT-RISK CHILDREN & ADULTS. JAMES T SWANN III BOARD MEMBER 2358496 GRANTS 0 NANCY ECKERD NICHOLS BOARD MEMBER 2358496 GRANTS 0 JAMES T SWANN III BOARD MEMBER 4099 ACCOUNTING SERVICES 1 SCH L, PART IV, BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS: JAMES T. SWANN III, BOARD DIRECTOR, OWNS 50% OF EKS, INC, A COMPANY TO WHICH FEES WERE PAID FOR ACCOUNTING SERVICES. FORM 990, PART VI, SECTION A, LINE 2 EXCEPT FOR JOHN SHORT, WHO IS THE GRANDSON OF RUTH ECKERD, AND CHERYL ERNST, WHO IS THE GRANDDAUGHTER OF JACK ECKERD, THE REST OF THE DIRECTORS ARE ALL CHILDREN OF JACK AND RUTH ECKERD, FOUNDERS OF ECKERD YOUTH ALTERNATIVES, INC., ONE OF THE ORGANIZATIONS TO WHICH GRANTS ARE GIVEN. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PROVIDED AND REVIEWED BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD MEMBERS AND STAFF ARE EXPECTED TO DISCLOSE CONFLICTS OR THE APPEARANCE THEREOF AS SOON AS IT IS APPARENT. FORM 990, PART VI, SECTION B, LINE 15 ATTORNEY REVIEWS AND GIVES APPROVAL. FORM 990, PART VI, SECTION C, LINE 19 THE STATEMENT OF POLICIES ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C THERE HAS BEEN NO CHANGE FROM THE PRIOR YEAR. ECKERD YOUTH ALTERNATIVES INC 100 STARCREST DRIVE CLEARWATER FL 33765 592551416 PROVIDES PROGRAMS FOR INTERVENTION AND EDUCATION FOR AT-RISK CHILDREN, YOUTH FL 501(C)(3) 170(B)(1)(A)(II) 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0