TINA AND RICHARD V CAROLAN FOUNDATION INC: Form 990PF, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- TINA AND RICHARD V CAROLAN FOUNDATION INC (EIN 22-3085237)
- Tax period
- 2021-12-01 to 2022-11-30
- Filed
- 2023-10-16
- IRS object ID
- 202302899349100800
- Schema version
- 2021v4.2
- 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 Corp Stock Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-10-16T08:02:14-05:00 | ReturnTs |
| Tax Period End | 2022-11-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 135420320 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Sullivan & Cromwell LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 125 Broad Street | AddressLine1Txt |
| City | New York | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 100042498 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2021-12-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 223085237 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Tina and Richard V Carolan Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | TINA | BusinessNameControlTxt |
| Phone | 9087661040 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 88 East Main Street 507 | AddressLine1Txt |
| City | Mendham | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07945 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Tina Carolan | PersonNm |
| Person Title | Vice-President | PersonTitleTxt |
| Phone | 9087661040 | PhoneNum |
| Signature | 2023-10-16 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | Tina | PersonFirstNm |
| Person Last | Carolan | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | John A Pontolillo | PreparerPersonNm |
| PTIN | P01210685 | PTIN |
| Phone | 2125584000 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | 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 | $19,868,005 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
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 | $14,025 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $14,025 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $282,258 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $282,258 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $364,345 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $2,567,724 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $364,345 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $660,628 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $660,628 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $50,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $25,000 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $25,000 | CompOfcrDirTrstDsbrsChrtblAmt |
| Other Prof Fees Rev And Expnss | $83,154 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $83,154 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $31,184 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $184 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $164,338 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $108,338 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $25,000 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $922,800 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $922,800 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,087,138 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $108,338 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $947,800 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$426,510 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $552,290 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $126,544 | CashBOYAmt |
| Cash EOY | $622,744 | CashEOYAmt |
| Cash EOYFMV | $622,744 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $1,330,738 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $1,945,006 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $1,949,426 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $7,222,419 | CorporateStockBOYAmt |
| Corporate Stock EOY | $5,685,441 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $17,295,835 | CorporateStockEOYFMVAmt |
| Total Assets BOY | $8,679,701 | TotalAssetsBOYAmt |
| Total Assets EOY | $8,253,191 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $19,868,005 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $8,679,701 | CapitalStockBOYAmt |
| Capital Stock EOY | $8,253,191 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $0 | RetainedEarningBOYAmt |
| Retained Earning EOY | $0 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $8,679,701 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $8,253,191 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $8,679,701 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $8,253,191 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $8,679,701 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$426,510 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $8,253,191 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $8,253,191 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (18 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|
| 1,000 shs Invesco QQQ Trust Series 1 | 2021-10-15 | 2022-01-04 | $395,069 | $367,310 | $27,759 | $27,759 |
| 1,000 shs Invesco QQQ Trust Series 1 | 2022-01-11 | 2022-01-21 | $356,848 | $385,679 | -$28,831 | -$28,831 |
| 3,000 shs iShares S&P Small Cap 600 | 2021-10-15 | 2022-01-24 | $314,054 | $339,720 | -$25,666 | -$25,666 |
| 1,000 shs SPDR Trust | 2005-06-14 | 2022-04-11 | $441,850 | $120,750 | $321,100 | $321,100 |
| 1,200 shs SPDR Blackstone GSO Senior Loan | 2021-08-19 | 2022-10-11 | $49,296 | $54,886 | -$5,590 | -$5,590 |
| 1,500 shs SPDR Blackstone GSO Senior Loan | 2021-08-23 | 2022-10-11 | $61,620 | $68,752 | -$7,132 | -$7,132 |
| 2,800 shs SPDR Blackstone GSO Senior Loan | 2021-09-10 | 2022-10-11 | $115,025 | $128,527 | -$13,502 | -$13,502 |
| 200 shs Generac Holdings Inc | 2022-03-22 | 2022-05-05 | $51,338 | $64,830 | -$13,492 | -$13,492 |
| 275 shs S&P Global Inc | 2021-10-15 | 2022-05-05 | $95,172 | $122,715 | -$27,543 | -$27,543 |
| 1,600 shs Charles Schwab Corp New | 2021-10-15 | 2022-07-26 | $97,599 | $128,914 | -$31,315 | -$31,315 |
| 1,100 shs iShares S&P Small Cap 600 | 2020-04-23 | 2022-01-24 | $115,153 | $63,962 | $51,191 | $51,191 |
| 1,100 shs iShares S&P Small Cap 600 | 2020-04-27 | 2022-01-24 | $115,153 | $67,878 | $47,275 | $47,275 |
| 1,100 shs iShares S&P Small Cap 600 | 2020-04-28 | 2022-01-24 | $115,153 | $69,380 | $45,773 | $45,773 |
| 1,100 shs iShares S&P Small Cap 600 | 2020-05-26 | 2022-01-24 | $115,153 | $73,293 | $41,860 | $41,860 |
| 60 shs Organon & Co | 2012-10-09 | 2022-01-05 | $1,876 | $1,313 | $563 | $563 |
| 60 shs Organon & Co | 2020-04-14 | 2022-01-05 | $1,876 | $2,323 | -$447 | -$447 |
| 1,800 shs Vanguard International Equity Index Fund | 2020-11-13 | 2022-05-20 | $75,293 | $84,624 | -$9,331 | -$9,331 |
| 1,200 shs Vanguard International Equity Index Fund | 2020-11-27 | 2022-05-20 | $50,196 | $58,523 | -$8,327 | -$8,327 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $364,345 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $7,677 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $7,677 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $7,677 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $14,777 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $14,777 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $7,100 | OverpaymentAmt |
| Applied To ES Tax | $7,100 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | NJ | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | Tina Carolan | IndividualWithBooksNm |
| Phone | 9087664010 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 88 Main Street Suite 507 | AddressLine1Txt |
| City | Mendham | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07945 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 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 |
|---|---|---|---|---|---|---|---|---|
| Tina Carolan | ||||||||
| 88 East Main Street | Mendham | NJ | 07945 | President | 0.25 | $0 | $0 | $0 |
| Richard C Carolan | ||||||||
| 88 East Main Street | Mendham | NJ | 07945 | Vice-President and Treasurer | 0.50 | $50,000 | $0 | $0 |
| Kimberly Carolan-Faga | ||||||||
| 88 East Main Street | Mendham | NJ | 07945 | Vice President and Secretary | 0.25 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $17,445,751 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $2,164,705 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $19,610,456 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $19,610,456 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $294,157 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $19,316,299 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $965,815 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $965,815 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $7,677 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $7,677 | TotalTaxAmt |
| Distributable Before Adj | $958,138 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $958,138 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $958,138 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $947,800 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $947,800 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $958,138 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $894,315 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $947,800 | QualifyingDistributionsAmt |
| Applied To Year1 | $894,315 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $53,485 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $904,653 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | Tina Carolan | ContributingManagerNm |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | Tina and Richard V Carolan | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 88 East Main Street Suite 507 | AddressLine1Txt |
| City | Mendham | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07945 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 9087664010 | RecipientPhoneNum |
| Form And Info And Materials | Applications are accepted in letter form and should include evidence of the applicant's tax status or a statement that its status had not changed since it last filed a grant request with the Foundation. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | No Submission Deadlines | SubmissionDeadlinesTxt |
| Restrictions On Awards | No Restrictions or Limitations on Awards. | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (21 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|
| American Red Cross | ||||||||
| 430 17th Street NW | Washington | DC | 20006 | None | 501(c)(3) | Red Cross Ukraine Efforts | $10,000 | |
| ANCA Endowment Fund | ||||||||
| 1711 N Street NW | Washington | DC | 20036 | None | 501(c)(3) | Educational and charitable programs | $50,000 | |
| ANCA Endowment Fund | ||||||||
| 1711 N Street NW | Washington | DC | 20036 | None | 501(c)(3) | Software and technical upgrades | $50,000 | |
| Armenian Apostolic Church of America Eastern Prelacy | ||||||||
| 138 East 39th Street | New York | NY | 10016 | None | 501(c)(3) | To support Armenian schools in Lebanon | $50,000 | |
| Armenian Cultural Foundation | ||||||||
| 104 N Belmont Street Suite 300 | Glendale | CA | 91206 | None | 501(c)(3) | Building upgrades | $50,000 | |
| Benthic Ecology and Coral Restoration Lab (University of Miami) | ||||||||
| 1320 S Dixie Highway Suite 100R | Coral Gables | FL | 33146 | None | 501(c)(3) | Program of coral restoration and to establish the Carolan Foundation Fellowship | $35,000 | |
| Bernardsville Law Enforcement Foundation | ||||||||
| PO Box 532 | Bernardsville | NJ | 07924 | None | 501(c)(3) | Upgrade and repair shooting range | $50,000 | |
| Best Buddies | ||||||||
| 100 Southeast Second Street Suite | Miami | FL | 33131 | None | 501(c)(3) | Salesforce Software Upgrade Program | $75,000 | 2200 |
| Big Brothers Big Sisters | ||||||||
| 4101 Ravenswood Road Suite 202 | Ft Lauderdale | FL | 33312 | None | 501(c)(3) | Youth Outreach program | $20,000 | |
| Foundation Cycling NYC Inc | ||||||||
| 210 East 77th Street | New York | NY | 10075 | None | 501(c)(3) | Programs for rider development | $10,000 | |
| Hilton Head Cycling Inc | ||||||||
| 18 Big Woods Drive | Hilton Head | SC | 29926 | None | 501(c)(3) | To support cycling racing team expenses | $10,000 | |
| Long Beach Township Police Department | ||||||||
| 6805 Long Beach Boulevard | Brant Beach | NJ | 08008 | None | 501(c)(3) | Community policing | $50,000 | |
| Memorial Sloan Kettering Cancer Center | ||||||||
| 885 Second Avenue 8th Floor | New York | NY | 10017 | None | 501(c)(3) | The fourth installment of a five year pledge for biomarker research | $50,000 | |
| Naples Therapeutic Riding Center | ||||||||
| 206 Ridge Drive | Naples | FL | 34108 | None | 501(c)(3) | Training and development | $25,000 | |
| Naples Therapeutic Riding Center | ||||||||
| 206 Ridge Drive | Naples | FL | 34108 | None | 501(c)(3) | Kentucky Derby event | $2,800 | |
| New Jersey Interscholastic Cycling League | ||||||||
| PO Box 713 | Cologne | NJ | 08213 | None | 501(c)(3) | Equipment purchase and upgrade | $50,000 | |
| Our Lady of Perpetual Help Church | ||||||||
| 111 Clearmont Road | Bernardsville | NJ | 07924 | None | 501(c)(3) | Capital Campaign Challenge | $50,000 | |
| Royal Palm Academy | ||||||||
| 16100 Livingston Road | Naples | FL | 34110 | None | 501(c)(3) | Equipment upgrades | $25,000 | |
| Stafford Township PBA Local 297 | ||||||||
| PO Box 746 | Manahawkin | NJ | 08050 | None | 501(c)(3) | Program of community policing | $10,000 | |
| Team Type 1 Foundation | ||||||||
| 2144 Hills Avenue Suite A | Atlanta | GA | 30318 | None | 501(c)(3) | Global Ambassador Scholarship Program and TT1 Athletics Program | $200,000 | |
| USA Cycling Foundation | ||||||||
| 210 USA Cycling Point Suite 100 | Colorado Springs | CO | 80919 | None | 501(c)(3) | Centers of Excellence program | $50,000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $922,800 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $14,025 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $282,258 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $364,345 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $660,628 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $660,628 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (29 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 1,000 shs Abbott Laboratories | $33,694 | $107,580 |
| 700 shs Accenture PLC | $186,747 | $210,651 |
| 2,400 shs Alphabet, Inc | $75,925 | $243,480 |
| 1,400 shs Amazon.Com,Inc. | $61,320 | $135,156 |
| 1,800 shs Amphenol Corp. New Class A | $15,708 | $144,774 |
| 2,000 shs Apple Inc. | $25,553 | $296,060 |
| 3,000 shs Bank of America Corporation | $91,184 | $113,550 |
| 2,900 shs Blackstone Group, Inc. | $92,245 | $265,437 |
| 1,000 shs Chevron Corporation | $97,942 | $183,310 |
| 1,000 shs Coca-Cola Company | $31,325 | $63,610 |
| 350 shs Costco Wholesale Corp New | $35,855 | $188,738 |
| 1,000 shs CVS Health Corporation | $66,540 | $101,880 |
| 800 shs Danaher Corp. | $30,778 | $218,728 |
| 615 shs The Walt Disney Company | $71,385 | $60,190 |
| 1,200 shs Fiserv Inc. | $38,933 | $125,232 |
| 1,000 shs Fortive Corp. | $46,728 | $67,550 |
| 550 shs Home Depot Inc. | $37,863 | $178,195 |
| 700 shs Honeywell International Inc. | $32,682 | $153,685 |
| 1,200 shs JP Morgan Chase & Co. | $43,185 | $165,816 |
| 500 shs Johnson & Johnson | $35,530 | $89,000 |
| 1,000 shs Marsh & McLennan Cos. Inc. | $41,479 | $173,180 |
| 360 shs MasterCard Inc. | $100,862 | $128,304 |
| 1,200 shs Merck & Co., Inc. | $73,616 | $132,144 |
| 1,000 shs Microsoft Corporation | $148,239 | $255,140 |
| 600 shs The Procter & Gamble Company | $32,212 | $89,496 |
| 2,100 shs The Trade Desk, Inc. | $12,525 | $109,494 |
| 575 shs Visa Inc. Class A | $108,496 | $124,775 |
| 3,600 shs Williams Cos. Inc. | $75,667 | $124,920 |
| 32,000 shs SPDR S&P 500 ETF | $3,941,223 | $13,045,760 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Investment management fees (10581009150) | $36,392 | $36,392 | $0 |
| Investment management fees (10583874060) | $46,762 | $46,762 | $0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Excise tax fiscal year ended 11-30-21 | $31,000 | $0 | $0 |
| Foreign taxes withheld | $184 | $184 | $0 |