2024-03-28T15:51:34-07:00 2022-06-30 931234815 SCHULTZ GROUP CPAS PC 9700 Capitol Hwy Ste 285 Portland OR 97219 990 2021-07-01 262566500 THE INTERNATIONAL CARPE DIEM FOUNDATION INTE 5036102723 1529 N KILLINGSWORTH ST PORTLAND OR 97217 RACHEL ANDERHOLDER Executive Dir. 2023-01-10 true RACHEL ANDERHOLDER 999009999 Leah E Wheeler P01866654 5032448879 2 AAL1 IAL1 FAL1 2021 2023-04-26 12:10:37Z 1529 N KILLINGSWORTH ST PORTLAND OR 97217 314551 false X www.carpefoundation.org X 2008 OR THE MISSION IS TO PROVIDE LOW INCOME, FIRST GENERATION COLLEGE STUDENTS SCHOLARSHIPS TO GAIN INTERNATIONAL EXPERIENCIAL EDUCATION. 4 3 0 0 114776 287246 0 1275 1275 17078 21434 133129 309955 0 0 112061 109275 0 0 7209 177576 119270 286851 13859 23104 199625 241929 22117 0 177508 241929 THE MISSION IS TO PROVIDE LOW INCOME, FIRST GENERATION COLLEGE STUDENTS SCHOLARSHIPS TO GAIN INTERNATIONAL EXPERIENCIAL EDUCATION. false false 255383 PROVIDED LOW INCOME, FIRST GENERATION COLLEGE STUDENTS SCHOLARSHIPS TO GAIN INTERNATIONAL EXPERIENCIAL EDUCATION. 255383 true true false false false false false false false false false true false false false false false false false false false false false false true false false false false false false false false false false false false false false false false false false false false false false true 0 0 false 0 false false false false false false false 0 false false false false false false false X 4 3 false false false false false false false false false false false false false false false false false false OR X JOE WAGNER 5032851800 PO BOX 17427 PORTLAND OR 97217 RACHEL ANDERHOLDER Executive Dir. 45.00 0.00 X 48000 0 0 JOE WAGNER Treasurer 0.00 0.00 X 0 0 0 RICK THOMAS President 0.00 0.00 X 0 0 0 GEOFFREY GARNER Secretary 1.00 0.00 X 0 0 0 48000 0 false false false 0 22642 264604 287246 0 1275 1275 0 0 0 0 26030 22642 4596 21434 21434 0 0 0 309955 1275 21434 0 0 0 0 48000 48000 50801 23191 27610 0 0 1844 1844 8630 8630 0 0 0 0 0 0 100 100 0 3377 3377 0 0 0 81 81 0 0 0 0 0 0 PROGRAM EXPENSE 171742 171742 PAYCHEX FEES 1163 1163 PROFESSIONAL DEVELOPMENT 732 732 DUES & SUBSCRIPTIONS 213 213 168 168 286851 255383 31468 0 0 106625 148929 0 0 0 0 0 0 0 0 0 93000 93000 0 0 0 199625 241929 22117 22117 0 X 177508 241929 177508 241929 199625 241929 X 23104 41317 X false false false X 183573 221287 284067 131854 313276 1134057 0 0 183573 221287 284067 131854 313276 1134057 0 1134057 1105 1105 1743 1275 1275 6503 0 0 1140560 0.99430 0.99360 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 93000 false ANNUAL AUCTION 48672 22642 26030 3587 1009 48672 22642 26030 3587 1009 4596 21434 Form 990, Part VI, Line 11b: Form 990 Review Process No review was or will be conducted. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available No documents available to the public. Other Changes In Net Assets Or Fund Balances - Other Increases DRAGONS FUND PROGRAM = $41317 THE INTERNATIONAL CARPE DIEM FOUNDATIONREQUEST FOR REASONABLE CAUSE PENALTY ABATEMENT3/28/2024Under IRC Section 6652(c)(5), the taxpayer is requesting a reasonable cause abatement of penalty assessment due to exempt organization failure to file Form 990 for the fiscal year ending 06/30/2022. The taxpayer made arrangements for Form 990 to be prepared by a tax professional in September of the same year. An extension to file the 6/30/2022 fiscal year return was e-filed when it became apparent the return would not be completed by the initial deadline on 11/15/2022. In January 2023, Form 990 and all of the required schedules were finalized. The taxpayer both signed and returned Form 8879-TE, dated 1/10/2023, to the tax professional. When returning the signed form to the tax professional, the taxpayer requested clarification of whether there were any further steps they needed to take to complete the filing of their Form 990. On 1/12/2023, the tax professional confirmed that no further action wasneeded by the taxpayer and that the tax professional would e-file Form 990. On March 27, 2024, the taxpayer became aware that the fiscal year ending 6/30/2022 form 990 had never been e-filed as they had been told. The taxpayer made arrangements for the return to be e-filed the same day they became aware of the issue. In addition, the taxpayer requested a copy of the e-file transmission detail from the tax professional's software to document the e-file submission ID and proof of the IRS' acceptance of the return.The taxpayer is in good standing with the Internal Revenue Service. They take their obligations for tax compliance and information reporting very seriously. As such, the taxpayer has had an excellent track record of filing timely in the past. Going forward, the taxpayer will request proof of the e-file transmission of the return to exercise all possible avenues for preventing the same issue from occurring again.Given these facts and circumstances, the taxpayer has a reasonable basis to support that they have exercised ordinary care and prudence to the extent possible and took immediate action to correct the non-compliance when it was discovered.