RICHARD J AND EVELYN P@TALLMAN HONESDALE EDUCATION ENDOWMENT TRUS: Form 990PF, tax year 2023

View the entire original 990 at ProPublica ↗

Organization: RICHARD J AND EVELYN P@TALLMAN HONESDALE EDUCATION ENDOWMENT TRUS (EIN 84-1990666)
Tax period: 2023-01-01 to 2023-12-31
Filed: 2024-11-15
IRS object ID: 202403209349105755
Schema version: 2023v5.1
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
Investments Other Schedule2
Other Liabilities Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2024-11-15T12:06:07-08:00	ReturnTs
Tax Period End	2023-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	841431509	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	Boxer & Associates CPAs PC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	8400 E Prentice Ave Ste 605	AddressLine1Txt
City	Greenwood Village	CityNm
State Abbreviation	CO	StateAbbreviationCd
ZIP	80111	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2023-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	841990666	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RICHARD J AND EVELYN P TALLMAN HONESDALE	BusinessNameLine1Txt
Business Name Line2	EDUCATION ENDOWMENT TRUST	BusinessNameLine2Txt

Field	Value	IRS element (for citing)
Business Name Control	RICH	BusinessNameControlTxt
Phone	3039090126	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	380 INCA PARKWAY	AddressLine1Txt
City	BOULDER	CityNm
State Abbreviation	CO	StateAbbreviationCd
ZIP	80303	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	JOSEPH TALLMAN	PersonNm
Person Title	President	PersonTitleTxt
Signature	2024-11-15	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	Yes (true)	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	RICHARD S BOXER CPA	PreparerPersonNm
PTIN	P00008931	PTIN
Phone	3032215959	PhoneNum

Field	Value	IRS element (for citing)
Tax	2023	TaxYr
Build TS	2024-10-15 13:58:12Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Address Change	Yes (X)	AddressChangeInd
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$820,751	FMVAssetsEOYAmt
Method Of Accounting Cash	Yes (X)	MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Schedule B Not Required	Yes (X)	ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss	$29,928	InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm	$29,928	InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm	$29,928	InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss	$10,341	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$10,341	DividendsNetInvstIncmAmt
Dividends Adj Net Incm	$10,341	DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss	-$50,145	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$447,245	GrossSalesPriceAmt
Total Rev And Expnss	-$9,876	TotalRevAndExpnssAmt
Total Net Invst Incm	$40,269	TotalNetInvstIncmAmt
Total Adj Net Incm	$40,269	TotalAdjNetIncmAmt
Tot Opr Expenses Rev And Expnss	$0	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$0	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$0	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$40,750	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$40,750	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$40,750	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$0	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$40,750	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	-$50,626	ExcessRevenueOverExpensesAmt
Net Investment Income	$40,269	NetInvestmentIncomeAmt
Adjusted Net Income	$40,269	AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Other Investments BOY	$875,923	OtherInvestmentsBOYAmt
Other Investments EOY	$851,961	OtherInvestmentsEOYAmt
Other Investments EOYFMV	$820,751	OtherInvestmentsEOYFMVAmt
Total Assets BOY	$875,923	TotalAssetsBOYAmt
Total Assets EOY	$851,961	TotalAssetsEOYAmt
Total Assets EOYFMV	$820,751	TotalAssetsEOYFMVAmt
Other Liabilities BOY	$35	OtherLiabilitiesBOYAmt
Other Liabilities EOY	$35	OtherLiabilitiesEOYAmt
Total Liabilities BOY	$35	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$35	TotalLiabilitiesEOYAmt
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind
Donor Rstr Net Assets BOY	$875,888	DonorRstrNetAssetsBOYAmt
Donor Rstr Net Assets EOY	$851,926	DonorRstrNetAssetsEOYAmt
Tot Net Ast Or Fund Balances BOY	$875,888	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$851,926	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$875,923	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$851,961	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$875,888	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	-$50,626	ExcessRevenueOverExpensesAmt
Other Increases	$26,664	OtherIncreasesAmt
Subtotal	$851,926	SubtotalAmt
Tot Net Ast Or Fund Balances EOY	$851,926	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (4 entries)

PropertyPropertyDesc	How AcquiredHowAcquiredCd	AcquiredAcquiredDt	SoldSoldDt	Gross Sales PriceGrossSalesPriceAmt	Cost Or Other BasisCostOrOtherBasisAmt	Gain Or LossGainOrLossAmt	Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
MERRILL LYNCH - SHORT TERM	P	2023-01-01	2023-12-31	$207,130	$221,186	-$14,056	-$14,056
MERRILL LYNCH - LONG TERM	P	1999-12-31	2023-12-31	$239,932	$276,204	-$36,272	-$36,272
Capital Gain Dividends						$183
Wash Sale						$555

Field	Value	IRS element (for citing)
Capital Gain Net Income	-$49,590	CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss	-$13,982	NetShortTermCapitalGainLossAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$560	InvestmentIncomeExciseTaxAmt
Subtotal	$560	SubtotalAmt
Tax Based On Investment Income	$560	TaxBasedOnInvestmentIncomeAmt
Form2220 Attached	Yes (X)	Form2220AttachedInd
Es Penalty	$33	EsPenaltyAmt
Tax Due	$593	TaxDueAmt
Applied To ES Tax	$0	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	false	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (true)	AtLeast5000InAssetsInd
Org Report Or Register State	CO	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
Website Address	N/A	WebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

Field	Value	IRS element (for citing)
Business Name Line1	BOXER & ASSOCIATES CPAS PC	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	3032215959	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	8400 E PRENTICE AVE 605	AddressLine1Txt
City	GREENWOOD VILLAGE	CityNm
State Abbreviation	CO	StateAbbreviationCd
ZIP	80111	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	false	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	Yes (true)	GrantsToIndividualsInd
Grants To Organizations	false	GrantsToOrganizationsInd
Noncharitable Purpose	false	NoncharitablePurposeInd
Transactions Fail To Qlfy As Exc	false	TransactionsFailToQlfyAsExcInd
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 (4 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	TitleTitleTxt	Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt	CompensationCompensationAmt
STEPHEN TALLMAN
5 MALVERN AVE APT 5	RICHMOND	VA	23221	Secretary	2.00	$0
ANDREW SCOTT
805 CHETWORTH PLACE	ALEXANDRIA	VA	22314	Treasurer	2.00	$0
JOSEPH TALLMAN
380 INCA PARKWAY	BOULDER	CO	80303	President	3.00	$0
MARTY MARKS
380 INCA PARKWAY	BOULDER	CO	80303	Trustee	2.00	$0

Field	Value	IRS element (for citing)
Comp Of Hghst Pd Empl Or NONE	NONE	CompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONE	NONE	CompOfHghstPdCntrctOrNONETxt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$0	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$0	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$0	TotalFMVOfUnusedAssetsAmt
Reduction Claimed	$0	ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast	$0	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$0	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$0	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$0	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Tax Based On Investment Income	$560	TaxBasedOnInvestmentIncomeAmt
Total Tax	$560	TotalTaxAmt
Distributable Before Adj	$560	DistributableBeforeAdjAmt
Distributable Before Ded	$560	DistributableBeforeDedAmt
Distributable As Adjusted	$0	DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$40,750	ExpensesAndContributionsAmt
Qualifying Distributions	$40,750	QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$0	DistributableAsAdjustedAmt
Qualifying Distributions	$40,750	QualifyingDistributionsAmt
Treated As Distri From Corpus	$0	TreatedAsDistriFromCorpusAmt
Remaining Distri From Corpus	$40,750	RemainingDistriFromCorpusAmt
Total Corpus	$40,750	TotalCorpusAmt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr	$40,750	ExcessDistriCyovToNextYrAmt
Excess From Current Year	$40,750	ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Application Submission Info ApplicationSubmissionInfoGrp

Field	Value	IRS element (for citing)
Recipient Person	SCHOLARSHIP	RecipientPersonNm

Recipient US Address RecipientUSAddress

Field	Value	IRS element (for citing)
Address Line1	459 TERRACE STREET	AddressLine1Txt
City	HONESDALE	CityNm
State Abbreviation	PA	StateAbbreviationCd
ZIP	18431	ZIPCd

Field	Value	IRS element (for citing)
Recipient Phone	5702532046	RecipientPhoneNum
Recipient Email Address	CSWENDSEN@WHSDK12.COM	RecipientEmailAddressTxt
Form And Info And Materials	APPLICATIONS SHOULD BE SUBMITTED TO CARLA SWENDSEN, GUIDANCE COUNSELOR AT HONESDALE HIGH SCHOOL. MUST INCLUDE FILLED OUT APPLICATION AND SUPPORTING ESSAY.	FormAndInfoAndMaterialsTxt
Submission Deadlines	APRIL OF SEMESTER PRECEEDING FIRST SEMESTER OF COLLEGE	SubmissionDeadlinesTxt
Restrictions On Awards	FOUR YEAR SCHOLARSHIP WITH A $10,000 ANNUAL STIPEND LIMITATION PER RECIPIENT. RECIPIENT MUST MAINTAIN A FIRST SEMESTER FRESHMAN GPA OF 3.2 AND THEREAFTER, AN AVERAGE GPA OF 3.5. SCHOLARSHIP MONIES AWARDED ARE PAID DIRECTLY TO THE POST-SECONDARY INSTITUTION OF THE RECIPIENT'S CHOOSING IN THE NAME OF THE RECIPIENT.	RestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

Field	Value	IRS element (for citing)
Recipient Person	VARIOUS	RecipientPersonNm

Recipient US Address RecipientUSAddress

Field	Value	IRS element (for citing)
Address Line1	459 TERRACE STREET	AddressLine1Txt
City	HONESDALE	CityNm
State Abbreviation	PA	StateAbbreviationCd
ZIP	18431	ZIPCd

Field	Value	IRS element (for citing)
Recipient Foundation Status	I	RecipientFoundationStatusTxt
Grant Or Contribution Purpose	EDUCATIONAL ASSISTANCE	GrantOrContributionPurposeTxt
Amt	$40,750	Amt

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$40,750	TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Field	Value	IRS element (for citing)
Related Or Exempt Function Incm	$29,928	RelatedOrExemptFunctionIncmAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

Field	Value	IRS element (for citing)
Related Or Exempt Function Incm	$10,341	RelatedOrExemptFunctionIncmAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Unrelated Business Taxbl Incm	$183	UnrelatedBusinessTaxblIncmAmt
Related Or Exempt Function Incm	-$50,328	RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Unrelated Business Taxbl Incm	$183	UnrelatedBusinessTaxblIncmAmt
Related Or Exempt Function Incm	-$10,059	RelatedOrExemptFunctionIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	-$9,876	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

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

Field	Value	IRS element (for citing)
Category Or Item	MERRILL LYNCH - 648	CategoryOrItemTxt
Listed At Cost Or FMV	FMV	ListedAtCostOrFMVCd
Book Value	$851,961	BookValueAmt
EOYFMV	$820,751	EOYFMVAmt

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail (2 entries)

DescDesc	BOY Book ValueBOYBookValueAmt	EOY Book ValueEOYBookValueAmt
LOAN PAYABLE ANDREW SCOTT	$25	$25
LOAN PAYABLE JOE TALLMAN	$10	$10