Form 990: Year 2021

Page 16

Page 2 FROSTED FACES FOUNDATION I 47-1274069 Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets (continued)

Schedule D (Form 990) 2021

Part III 3

Using the organization's acquisition, accession, and other records, check any of the following that make significant use of its collection items (check all that apply):

a

Public exhibition Scholarly research

Loan or exchange program Other

Preservation for future generations 4

Provide a description of the organization's collections and explain how they further the organization's exempt purpose in Part XIII.

5

During the year, did the organization solicit or receive donations of art, historical treasures, or other similar assets to be sold to raise funds rather than to be maintained as part of the organization's collection?

El Yes

No

Escrow and Custodial Arrangements.

Part IV

Complete if the organization answered "Yes" on Form 990, Part IV, line 9, or reported an amount on Form 990, Part X, line 21. la

Is the organization an agent, trustee, custodian or other intermediary for contributions or other assets not

I

included on Form 990, Part X? b

El Yes

No

If "Yes," explain the arrangement in Part XIII and complete the following table: Amount

f 2a

Beginning balance

lc

Additions during the year Distributions during the year

id le

Ending balance

if

U Yes

Did the organization include an amount on Form 990, Part X, line 21, for escrow or custodial account liability?

No

If "Yes," explain the arrangement in Part XIII. Check here if the explanation has been pr vided on Part XIII

Endowment Funds.

Part V

Complete if the organization answered "Yes" on Form 990, Part IV, n (a) Current year la

(b) Prior year

f Wtwo yea

back

(d) Three years back

(e) Four years back

Beginning of year balance ..

b

Contributions

c

Net investment earnings, gains, and losses

I I

Grants or scholarships Other expenditures for facilities and programs f

Administrative expenses..

Atr*

End of year balance 2 a

Provide the estimated percentage of thearrent earend balance (line 1g, column (a)) held as: Board designated or quasi-endowment Permanent endowment O• Term endowment

3a

The percentages on linesW2bfin8 2c should equal 100%. Are there endowment<funds not in the ssession of the organization that are held and administered for the Yes

organization by:

4

3a(ii)

Related,org=tion ,AW10/ If "Yes" aline 3a(ii are the related organizations listed as required on Schedule R? DescribFin?art Illithe intended uses of the organization's endowment funds.

Part VI

No

3a(i)

Unrelated etanizations

3b

Ntand4Suildings, and Equipment. Complete if the organization answered "Yes" on Form 990, Part IV, line 11a. See Form 990, Part X, line 10. Description of property

la b c d e

Land Buildings Leasehold improvements Equipment

(a) Cost or other basis (investment)

(b) Cost or other basis (other)

504,828 7 0 , 827 1,155 46,989

Other

Total. Add lines la through le. (Column (d) must equal Form 990, Part X, column (B), line 10c.) FDA

21 990D2

BWF 990

Form Software Copyright 1996 - 2022 FIRB Tax Group, Inc.

(c) Accumulated depreciation 56,361

(d) Book value

448,467 70,827 1,155 46,989 567,438

Schedule D (Form 990) 2021


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