NACY AND ROSEMARY PANZICA FOUNDATION: Form 990PF, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- NACY AND ROSEMARY PANZICA FOUNDATION (EIN 34-1844574)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-11-07
- IRS object ID
- 202333119349100213
- 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
- Accounting Fees Schedule
- Applied To Prior Year Election
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-11-07T09:23:53-06:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 311488076 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HOBE & LUCAS CPAS | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4807 ROCKSIDE ROAD 510 | AddressLine1Txt |
| City | INDEPENDENCE | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 44131 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2022-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 341844574 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NACY AND ROSEMARY PANZICA FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | NACY | BusinessNameControlTxt |
| Phone | 4407592746 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6197 KENARDEN DRIVE | AddressLine1Txt |
| City | HIGHLAND HEIGHTS | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 44143 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | LAURA KING | PersonNm |
| Person Title | TREASURER | PersonTitleTxt |
| Phone | 4407592746 | PhoneNum |
| Signature | 2023-11-02 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | LAURA | PersonFirstNm |
| Person Last | KING | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JAMES P GERO | PreparerPersonNm |
| PTIN | P00727405 | PTIN |
| Phone | 2165248900 | PhoneNum |
| Preparation | 2023-10-31 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| 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 | $1,514,635 | 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 |
| Dividends Rev And Expnss | $31,418 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $31,418 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $133,272 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $183,528 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $133,272 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $11,962 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $11,962 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $0 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $176,652 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $176,652 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $0 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $0 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $4,395 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $4,395 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $1,819 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $1,819 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $0 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $16,286 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $16,086 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $200 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $22,500 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $17,905 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $4,595 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $78,028 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $78,028 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $100,528 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $17,905 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $4,595 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $78,028 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $76,124 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $158,747 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $10,684 | CashBOYAmt |
| Cash EOY | $9,617 | CashEOYAmt |
| Cash EOYFMV | $9,617 | CashEOYFMVAmt |
| Corporate Stock BOY | $137,095 | CorporateStockBOYAmt |
| Corporate Stock EOY | $119,472 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $281,498 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $1,049,910 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $1,130,047 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $1,223,520 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $1,197,689 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,259,136 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $1,514,635 | TotalAssetsEOYFMVAmt |
| Grants Payable BOY | $25,500 | GrantsPayableBOYAmt |
| Total Liabilities BOY | $25,500 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $295,945 | CapitalStockBOYAmt |
| Capital Stock EOY | $295,945 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $876,244 | RetainedEarningBOYAmt |
| Retained Earning EOY | $963,191 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $1,172,189 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $1,259,136 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $1,197,689 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $1,259,136 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $1,172,189 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $76,124 | ExcessRevenueOverExpensesAmt |
| Other Increases | $10,823 | OtherIncreasesAmt |
| Subtotal | $1,259,136 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $1,259,136 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (6 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| NATIONAL FINANCIAL SERVICES - LT COVERED SALES | P | $90,738 | $50,256 | $40,482 | $40,482 |
| FROM ALLIANCEBERNSTEIN HOLDING K-1 | P | $8 | $8 | $8 | |
| FROM ALLIANCEBERNSTEIN HOLDING K-1 | P | $162 | $162 | $162 | |
| FROM ANCORA CATALYST INSTITUTIONAL K-1 | P | $32,490 | $32,490 | $32,490 | |
| FROM ANCORA CATALYST INSTITUTIONAL K-1 | P | $59,324 | $59,324 | $59,324 | |
| CAPITAL GAINS DIVIDENDS | P | $806 | $806 | $806 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $133,272 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $2,207 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $2,207 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $2,207 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $0 | 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 | $0 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $63 | EsPenaltyAmt |
| Tax Due | $2,270 | TaxDueAmt |
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 | OH | 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 | LAURA KING | IndividualWithBooksNm |
| Phone | 4407592746 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6197 KENARDEN DRIVE | AddressLine1Txt |
| City | HIGHLAND HTS | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 44143 | 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 (4 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 |
|---|---|---|---|---|---|---|---|---|
| ANTHONY PANZICA | ||||||||
| 1839 CHARTLEY ROAD | GATES MILLS | OH | 44040 | PRESIDENT | 0.00 | $0 | $0 | $0 |
| MARY BETH LINK | ||||||||
| 390 DIANA CT | HIGHLAND HEIGHTS | OH | 44143 | SECRETARY | 0.00 | $0 | $0 | $0 |
| LAURA KING | ||||||||
| 6197 KENARDEN DRIVE | HIGHLAND HEIGHTS | OH | 44143 | TREASURER | 0.00 | $0 | $0 | $0 |
| TIMOTHY PANZICA | ||||||||
| 235 FALLS WALK WAY | CHAGRIN FALLS | OH | 44022 | TRUSTEE | 0.00 | $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 | $1,534,186 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $0 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $1,534,186 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $1,534,186 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $23,013 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $1,511,173 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $75,559 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $75,559 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $2,207 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $2,207 | TotalTaxAmt |
| Distributable Before Adj | $73,352 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $73,352 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $73,352 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $78,028 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $78,028 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $73,352 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $77,714 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $78,028 | QualifyingDistributionsAmt |
| Applied To Year1 | $77,714 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $314 | 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 | $73,038 | 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) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | LAURA KING | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6197 KENARDEN DRIVE | AddressLine1Txt |
| City | HIGHLAND HTS | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 44143 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 4407592746 | RecipientPhoneNum |
| Form And Info And Materials | NOT LIMITED | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | NONE | SubmissionDeadlinesTxt |
| Restrictions On Awards | NONE | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (16 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| CATHOLIC CHARITIES | |||||||
| 7911 DETROIT AVE | CLEVELAND | OH | 44102 | NONE | PC | DONATION | $13,000 |
| CORNERSTONE OF HOPE | |||||||
| 5905 BRECKSVILLE ROAD | INDEPENDENCE | OH | 44131 | NONE | PC | DONATION | $3,000 |
| CUYAHOGA COUNTY PUBLIC LIBRARY | |||||||
| 2111 SNOW ROAD | PARMA | OH | 44134 | NONE | PC | DONATION | $2,500 |
| FAMILY PROMISE OF GREATER CLEVELAND | |||||||
| 3445 WARRENSVILLE CENTER RD | CLEVELAND | OH | 44122 | NONE | PC | DONATION | $2,000 |
| FOSTERING HOPE OHIO | |||||||
| 3737 LANDER ROAD | PEPPER PIKE | OH | 44124 | NONE | PC | DONATION | $2,000 |
| FROM K-1 - ALLIANCEBERNSTEIN HOLDING LP | |||||||
| 1345 AVENUE OF THE AMERICAS | NEW YORK | NY | 10105 | NONE | PC | DONATION | $28 |
| GILMOUR ACADEMY | |||||||
| 34001 CEDAR ROAD | GATES MILLS | OH | 44040 | NONE | PC | DONATION | $7,000 |
| GREATER CLEVELAND FOOD BANK | |||||||
| 15500 SOUTH WATERLOO ROAD | CLEVELAND | OH | 44110 | NONE | PC | DONATION | $8,000 |
| HOSPICE OF THE WESTERN RESERVE | |||||||
| 17876 ST CLAIR AVENUE | CLEVELAND | OH | 44110 | NONE | PC | DONATION | $10,000 |
| REGINA HEALTH CENTER | |||||||
| 5232 BROADVIEW ROAD | RICHFIELD | OH | 44286 | NONE | PC | DONATION | $5,000 |
| ROSE MARY CENTER | |||||||
| 19350 EUCLID AVE | EUCLID | OH | 44117 | NONE | PC | DONATION | $5,000 |
| ROSEMARY HOUSE | |||||||
| 11900 FAIRHILL RD | CLEVELAND | OH | 44106 | NONE | PC | DONATION | $2,000 |
| ST MARTIN DE PORRES HIGH SCHOOL | |||||||
| 6111 LAUSCHE BLVD | CLEVELAND | OH | 44103 | NONE | PC | DONATION | $5,000 |
| ST VINCENT CHARITY | |||||||
| 2351 EAST 22ND STREET | CLEVELAND | OH | 44115 | NONE | PC | DONATION | $1,000 |
| WESTSIDE CATHOLIC CENTER | |||||||
| 3135 LORAIN AVENUE | CLEVELAND | OH | 44113 | NONE | PC | DONATION | $2,500 |
| WOMANKIND | |||||||
| 5400 TRANSPORTATION BLVD | GARFIELD HTS | OH | 44125 | NONE | PC | DONATION | $10,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $78,028 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $31,418 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $11,962 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $133,272 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $176,652 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $176,652 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp (8 entries)
| Line NumberLineNumberTxt | Relationship StatementRelationshipStatementTxt |
|---|---|
| 4 | EARNINGS FROM INVESTMENTS PROVIDE THE NECESSARY FUNDS TO SUPPORT |
| 4 | CHARITABLE CAUSES TO WHICH IT CONTRIBUTES. |
| 7 | NONDIVIDEND DISTRIBUTIONS FROM INVESTMENTS PROVIDE FUNDS TO SUPPORT |
| 7 | CHARITABLE CAUSES TO WHICH IT CONTRIBUTES. |
| 8 | CAPITAL GAINS FROM INVESTMENTS PROVIDE THE NECESSARY FUNDS TO SUPPORT |
| 8 | CHARITABLE CAUSES TO WHICH IT CONTRIBUTES. |
| 3 | EARNINGS FROM INVESTMENTS PROVIDE THE NECESSARY FUNDS TO SUPPORT |
| 3 | CHARITABLE CAUSES TO WHICH IT CONTRIBUTES. |
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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | PROFESSIONAL FEES | CategoryTxt |
| Amt | $4,395 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $4,395 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Applied To Prior Year Election AppliedToPriorYearElection
| Field | Value | IRS element (for citing) |
|---|---|---|
| Election | THE FOUNDATION IS HEREBY ELECTING UNDER SECTION 53-4942(A)-3(D)(2) TO APPLY $1,783 OF CURRENT YEAR QUALIFYING DISTRIBUTIONS TO THE UNDISTRIBUTED INCOME FROM 2017, 2018 AND 2019. | ElectionDesc |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (5 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| PFIZER INC. | $25,839 | $51,240 |
| MERCK & CO | $14,707 | $55,475 |
| BERKSHIRE HATHAWAY, INC | $38,860 | $108,115 |
| BANK OF AMERICA | $26,220 | $33,120 |
| BROADCOM INC | $13,846 | $33,548 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (8 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| ANCORA MICROCAP FUND | AT COST | $51,744 | $105,904 |
| ALLIANCEBERNSTEIN HOLDING LP | AT COST | $16,960 | $54,992 |
| ANCORA/THELEN SMALL-MID CAP FUND | AT COST | $108,908 | $130,372 |
| ANCORA INCOME FUND CLASS I | AT COST | $192,215 | $160,726 |
| ANCORA CATALYST FUND LP | AT COST | $530,026 | $532,535 |
| ISHARES CORE S&P | AT COST | $58,923 | $84,800 |
| TRUST CORE MSCI EAFE ETF | AT COST | $32,304 | $30,820 |
| ISHARES CORE US AGGREGATE BOND | AT COST | $138,967 | $123,371 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| FROM K-1 - ALLIANCE BERNSTEIN HOLDING LP - NONDEDUCTIBLE EXPENSE | $670 | $670 | $0 | $0 |
| FROM K-1 - ANCORA CATALYST FUND LP - OTHER EXPENSES | $15,387 | $15,387 | $0 | $0 |
| CHARITABLE REGISTRATION FEE | $200 | $0 | $200 | $0 |
| FIDELITY BANK FEES | $13 | $13 | $0 | $0 |
| FROM K-1 - ALLIANCE BERNSTEIN HOLDING LP - OTHER EXPENSES | $16 | $16 | $0 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| FROM K-1 - ALLIANCEBERNSTEIN HOLDING LP | $5,353 | $5,353 |
| FROM K-1 - ANCORA CATALYST | $6,489 | $6,489 |
| OTHER INCOME | $120 | $120 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CUMULATIVE MONTHLY STATEMENT/1099 DIFFERENCES | Desc |
| Amt | $10,823 | Amt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| FROM K-1 - ANCORA CATALYST FOREIGN TAXES PAID | $34 | $34 | $0 | $0 |
| NATIONAL FINANCIAL SERVICES - FOREIGN TAX PAID | $392 | $392 | $0 | $0 |
| FEDERAL TAXES | $1,393 | $1,393 | $0 | $0 |