GEOFFREY C HUGHES FOUNDATION INC: Form 990PF, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- GEOFFREY C HUGHES FOUNDATION INC (EIN 13-3622255)
- Tax period
- 2022-04-01 to 2023-03-31
- Filed
- 2024-02-14
- IRS object ID
- 202400459349100900
- Schema version
- 2022v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Depreciation Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- Other Expenses Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-02-14T09:08:17-06:00 | ReturnTs |
| Tax Period End | 2023-03-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foundation Source | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3333 New Hyde Park Rd Ste 406 | AddressLine1Txt |
| City | New Hyde Park | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11042 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2022-04-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 133622255 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Geoffrey C Hughes Foundation Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % Foundation Source | InCareOfNm |
| Business Name Control | GEOF | BusinessNameControlTxt |
| Phone | 8008391754 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Foundation Source 501 Silverside Rd | AddressLine1Txt |
| City | Wilmington | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198091377 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MATTHEW BERSANI | PersonNm |
| Person Title | TREASURER | PersonTitleTxt |
| Phone | 8008391754 | PhoneNum |
| Signature | 2024-01-09 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | MATTHEW | PersonFirstNm |
| Person Last | BERSANI | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Jeffrey D Haskell | PreparerPersonNm |
| PTIN | P01345770 | PTIN |
| Phone | 8008391754 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | TrustedCustomerGrp |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $30,408,566 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $0 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $1,582 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $1,582 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $57 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $57 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $624,190 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $4,335,908 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $1,679,291 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $625,829 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,680,930 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $340,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $340,000 | CompOfcrDirTrstDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $24,614 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $24,614 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $390 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $390 | LegalFeesDsbrsChrtblAmt |
| Other Prof Fees Rev And Expnss | $57,908 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $57,908 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $26,300 | TaxesRevAndExpnssAmt |
| Other Expenses Rev And Expnss | $54,024 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Dsbrs Chrtbl | $54,024 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $503,236 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $57,908 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $419,028 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $2,025,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $2,025,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $2,528,236 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $57,908 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $2,444,028 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$1,902,407 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,623,022 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $791,332 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $72,587 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $72,587 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $21,309,907 | CorporateStockBOYAmt |
| Corporate Stock EOY | $20,532,739 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $24,254,746 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $4,872,718 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $4,466,224 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $6,081,233 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $26,973,957 | TotalAssetsBOYAmt |
| Total Assets EOY | $25,071,550 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $30,408,566 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $26,973,957 | RetainedEarningBOYAmt |
| Retained Earning EOY | $25,071,550 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $26,973,957 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $25,071,550 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $26,973,957 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $25,071,550 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $26,973,957 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$1,902,407 | ExcessRevenueOverExpensesAmt |
| Subtotal | $25,071,550 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $25,071,550 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (12 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt |
|---|---|---|---|---|---|---|---|
| Publicly-traded Securities | $3,128,232 | $1,923,100 | $1,205,132 | $1,205,132 | |||
| MSCI EAFE INDEX CTF | $3,133 | $1,740 | $1,393 | $1,393 | P | 2019-03-31 | 2023-03-31 |
| MSCI EAFE INDEX CTF | $148,867 | $82,670 | $66,197 | $66,197 | P | 2019-03-31 | 2023-03-31 |
| MSCI EAFE INDEX CTF | $14,000 | $7,662 | $6,338 | $6,338 | P | 2019-03-31 | 2022-04-04 |
| MSCI EAFE INDEX CTF | $151,000 | $89,577 | $61,423 | $61,423 | P | 2019-03-31 | 2022-05-25 |
| MSCI EAFE INDEX CTF | $195,000 | $124,122 | $70,878 | $70,878 | P | 2019-03-31 | 2022-06-15 |
| MSCI EAFE INDEX CTF | $5,000 | $3,018 | $1,982 | $1,982 | P | 2019-03-31 | 2022-08-01 |
| MSCI EAFE INDEX CTF | $36,913 | $24,849 | $12,064 | $12,064 | P | 2019-03-31 | 2022-10-04 |
| MSCI EAFE INDEX CTF | $86,087 | $57,954 | $28,133 | $28,133 | P | 2019-03-31 | 2022-10-04 |
| MSCI EAFE INDEX CTF | $8,676 | $5,264 | $3,412 | $3,412 | P | 2019-03-31 | 2022-12-19 |
| MSCI EAFE INDEX CTF | $407,065 | $245,178 | $161,887 | $161,887 | P | 2019-03-31 | 2022-12-30 |
| MSCI EAFE INDEX CTF | $151,935 | $91,483 | $60,452 | $60,452 | P | 2019-03-31 | 2022-12-30 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $1,679,291 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $22,560 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $22,560 | SubtotalAmt |
| Tax Based On Investment Income | $22,560 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $20,144 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $3,000 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $23,144 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $584 | OverpaymentAmt |
| Applied To ES Tax | $584 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | NY | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foundation Source | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8008391754 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 501 Silverside Road Suite 123 | AddressLine1Txt |
| City | Wilmington | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198091377 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (8 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| Mary Bersani | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir, Pres | 40.0 | $190,000 | $0 | $0 |
| Matthew Bersani | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir, Treas | 35.0 | $150,000 | $0 | $0 |
| Catherine Burns | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir, Sec | 1.0 | $0 | $0 | $0 |
| Paul Burns | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir | 1.0 | $0 | $0 | $0 |
| Monica Orbe Cliff | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir | 1.0 | $0 | $0 | $0 |
| Ursula Cliff | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir | 1.0 | $0 | $0 | $0 |
| W Conway Cliff | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir | 1.0 | $0 | $0 | $0 |
| Walter C Cliff | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir | 1.0 | $0 | $0 | $0 |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| State Street Global Advisors | |||||
| One Iron St Channel CTR 6th Fl | BOSTON | MA | 02210 | Investment MGMT | $57,908 |
| Foundation Source | |||||
| 55 Walls Drive 3rd Fl | Fairfield | CT | 06824 | Administrative | $51,038 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Summary Of Direct Chrtbl Acty | SummaryOfDirectChrtblActyGrp | |
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $23,582,198 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $376,141 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $6,050,573 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $30,008,912 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $30,008,912 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $450,134 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $29,558,778 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,477,939 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,477,939 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $22,560 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $22,560 | TotalTaxAmt |
| Distributable Before Adj | $1,455,379 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $1,455,379 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $1,455,379 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $2,444,028 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $2,444,028 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,455,379 | DistributableAsAdjustedAmt |
| Prior Year1 | 2020 | PriorYear1Yr |
| Prior Year2 | 2019 | PriorYear2Yr |
| Prior Year3 | 2018 | PriorYear3Yr |
| Excess Distribution Cyov Yr5 | $637,990 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr2 | $471,092 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $521,967 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $1,631,049 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $2,444,028 | QualifyingDistributionsAmt |
| Applied To Current Year | $1,455,379 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $988,649 | RemainingDistriFromCorpusAmt |
| Total Corpus | $2,619,698 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $637,990 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $1,981,708 | ExcessDistriCyovToNextYrAmt |
| Excess From Year2 | $471,092 | ExcessFromYear2Amt |
| Excess From Year1 | $521,967 | ExcessFromYear1Amt |
| Excess From Current Year | $988,649 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | NONE | ContributingManagerNm |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | GEOFFREY C HUGHES FOUNDATION INC | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | FOUNDATION SOURCE 55 WALLS DR FL 3 | AddressLine1Txt |
| City | FAIRFIELD | CityNm |
| State Abbreviation | CT | StateAbbreviationCd |
| ZIP | 06824 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Email Address | STROWBRIDGE@FOUNDATIONSOURCE.COM | RecipientEmailAddressTxt |
| Form And Info And Materials | A LETTER OF INQUIRY STATING THE PURPOSE AND THE AMOUNT REQUESTED AND THE TAX-EXEMPT STATUS OF THE APPLICANT ORGANIZATION SHOULD BE SUBMITTED VIA E-MAIL TO THE PRESIDENT OF THE FOUNDATION AT THE E-MAIL ADDRESS INDICATED: STROWBRIDGE@FOUNDATIONSOURCE.COM | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | None | SubmissionDeadlinesTxt |
| Restrictions On Awards | THERE ARE NO RESTRICTIONS ON AWARDS. THE FOUNDATION CONCENTRATES ON ENVIRONMENTAL PROTECTION, EDUCATION AND SOCIAL JUSTICE. | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (24 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| 1BERKSHIRE STRATEGIC ALLIANCE FOUNDATION INC | |||||||
| PO BOX 4826 | PITTSFIELD | MA | 01202 | N/A | PC | Blackshares Fund | $25,000 |
| BERKSHIRE AGRICULTURE VENTURES | |||||||
| 321 MAIN ST STE 202 | GT BARRINGTON | MA | 01230 | N/A | PC | General & Unrestricted | $75,000 |
| BERKSHIRE IMMIGRANT CENTER INC | |||||||
| 67 E ST | PITTSFIELD | MA | 01201 | N/A | PC | General & Unrestricted | $20,000 |
| BERKSHIRE NATURAL RESOURCES | |||||||
| 309 PITTSFIELD ROAD STE B | LENOX | MA | 01240 | N/A | PC | General & Unrestricted | $100,000 |
| BERKSHIRES BOUNTY INC | |||||||
| 33 COMMONWEALTH AVE | GT BARRINGTON | MA | 01230 | N/A | PC | General & Unrestricted | $15,000 |
| CAMPAIGN LEGAL CENTER INC | |||||||
| 1101 14TH ST NW STE 400 | WASHINGTON | DC | 20005 | N/A | PC | General & Unrestricted | $100,000 |
| CLINTON CHURCH RESTORATION INC | |||||||
| PO BOX 1075 | GT BARRINGTON | MA | 01230 | N/A | PC | General & Unrestricted | $25,000 |
| CONNECTICUT FARMLAND TRUST INC | |||||||
| 77 BUCKINGHAM ST | HARTFORD | CT | 06106 | N/A | PC | General & Unrestricted | $80,000 |
| COUNCIL ON THE ENVIRONMENT INC DBA GROWNYC | |||||||
| 100 GOLD ST STE 3300 | NEW YORK | NY | 10038 | N/A | PC | General & Unrestricted | $25,000 |
| EQUINE ADVOCATES INCORPORATED | |||||||
| 3212 RTE 66 1 | VALATIE | NY | 12184 | N/A | PC | General & Unrestricted | $15,000 |
| GREATER CHICAGO FOOD DEPOSITORY | |||||||
| 4100 W ANN LURIE PL | CHICAGO | IL | 60632 | N/A | PC | General & Unrestricted | $50,000 |
| GREENAGERS INC | |||||||
| PO BOX 157 | S EGREMONT | MA | 01258 | N/A | PC | General & Unrestricted | $50,000 |
| LITERACY NETWORK OF SOUTH BERKSHIRE INC | |||||||
| 1OO MAIN ST | LEE | MA | 01238 | N/A | PC | General & Unrestricted | $10,000 |
| MAHAIWE PERFORMING ARTS CENTER INC | |||||||
| PO BOX 690 | GT BARRINGTON | MA | 01230 | N/A | PC | General & Unrestricted | $50,000 |
| METROPOLITAN OPERA ASSOCIATION INC | |||||||
| 30 LINCOLN CENTER PLZ | NEW YORK | NY | 10023 | N/A | PC | General & Unrestricted | $50,000 |
| MOUNT KISCO INTERFAITH FOOD PANTRY INC | |||||||
| 300 E MAIN ST | MOUNT KISCO | NY | 10549 | N/A | PC | General & Unrestricted | $50,000 |
| NATIONAL REDISTRICTING FOUNDATION | |||||||
| 2045 W GRAND AVE STE B STE 31638 | CHICAGO | IL | 60612 | N/A | PC | General & Unrestricted | $150,000 |
| NATURE CONSERVANCY | |||||||
| 4245 N FAIRFAX DRIVE STE 100 | ARLINGTON | VA | 22203 | N/A | PC | The Nature Conservancy of Massachusetts - Berkshire Program of invasives removal | $75,000 |
| NEIGHBORS LINK CORP | |||||||
| 27 COLUMBUS AVE | MOUNT KISCO | NY | 10549 | N/A | PC | General & Unrestricted | $50,000 |
| NONPROFIT CENTER OF THE BERKSHIRES INC | |||||||
| 186 SANDISFIELD RD | SANDISFIELD | MA | 01255 | N/A | PC | Du Bois Sculpture Project | $50,000 |
| PRINCETON IN ASIA INC | |||||||
| LOUIS A SIMPSON INTERNATIONAL BLDG | PRINCETON | NJ | 08544 | N/A | PC | General & Unrestricted | $100,000 |
| SHEFFIELD LAND TRUST INC | |||||||
| PO BOX 940 | SHEFFIELD | MA | 01257 | N/A | PC | General & Unrestricted | $750,000 |
| SOUTH CONGREGATIONAL CHURCH UNITED CHURCH OF CHRIS | |||||||
| 110 SOUTH ST | PITTSFIELD | MA | 01201 | N/A | PC | for the elevator project and food purchase | $50,000 |
| STREETSQUASH INC | |||||||
| 40 WEST 116TH ST | NEW YORK | NY | 10026 | N/A | PC | General & Unrestricted | $60,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $2,025,000 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp |
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,582 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $57 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Income | OtherInvestmentIncomeGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $624,190 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $625,829 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $625,829 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Depreciation Schedule DepreciationSchedule
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (3 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| REAL ASSETS | $1,944,321 | $3,023,905 |
| U.S. AGGREGATE BOND INDEX NL C | $9,720,276 | $9,024,385 |
| US TOTAL MARKET INDEX CTF | $8,868,142 | $12,206,456 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | MSCI EAFE INDEX CTF | CategoryOrItemTxt |
| Book Value | $4,466,224 | BookValueAmt |
| EOYFMV | $6,081,233 | EOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | General Consultations | CategoryTxt |
| Legal Fees | $390 | LegalFeesAmt |
| Disbursements Charitable Prps | $390 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| Administrative Fees | $51,038 | $51,038 |
| Indemnification Insurance | $2,131 | $2,131 |
| Postage/Delivery Service | $105 | $105 |
| State or Local Filing Fees | $750 | $750 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Investment Management Services | CategoryTxt |
| Amt | $57,908 | Amt |
| Net Investment Income | $57,908 | NetInvestmentIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt |
|---|---|
| 990-PF Estimated Tax for 2023 | $19,500 |
| 990-PF Extension for 2022 | $6,800 |