ROCCO A AND MARY ABESSINIO FOUNDATION INC: Form 990PF, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- ROCCO A AND MARY ABESSINIO FOUNDATION INC (EIN 51-0413298)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-05-04
- IRS object ID
- 202201249349100720
- 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
- Schedule B
- Accounting Fees Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Other Expenses Schedule
- Other Increases Schedule
- Other Liabilities Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-05-04T09:21:19-05:00 | ReturnTs |
| Tax Period End | 2021-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 861065772 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DELOITTE TAX LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1700 MARKET STREET 25TH FLOOR | AddressLine1Txt |
| City | PHILADELPHIA | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19103 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2021-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 510413298 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE ROCCO A AND MARY ABESSINIO | BusinessNameLine1Txt |
| Business Name Line2 | FOUNDATION INC | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ROCC | BusinessNameControlTxt |
| Phone | 4848409179 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 130 | AddressLine1Txt |
| City | CONCORDVILLE | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19331 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | PETER G ABESSINIO | PersonNm |
| Person Title | VICE PRESIDENT AND SECRETARY | PersonTitleTxt |
| Phone | 4848409179 | PhoneNum |
| Signature | 2022-04-27 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | PETER | PersonFirstNm |
| Person Last | ABESSINIO | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | DAVID F DOTSON | PreparerPersonNm |
| PTIN | P00738401 | PTIN |
| Phone | 2152462300 | 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 | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $15,519,103 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $980,801 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $275,058 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $275,058 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $1,315,029 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $5,096,417 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $1,915,813 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $2,570,888 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $2,190,871 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $1,538 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $308 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $1,230 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $13,604 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $7,739 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $4,820 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $4,522 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $279 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $19,962 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $12,569 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $1,509 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $31,850 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $3,311,850 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $51,812 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $12,569 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $3,313,359 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $2,519,076 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $2,178,302 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $105,089 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $124,251 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $124,251 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $14,205,227 | CorporateStockBOYAmt |
| Corporate Stock EOY | $14,806,130 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $14,806,130 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $599,987 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $588,722 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $588,722 | CorporateBondsEOYFMVAmt |
| Total Assets BOY | $14,910,303 | TotalAssetsBOYAmt |
| Total Assets EOY | $15,519,103 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $15,519,103 | TotalAssetsEOYFMVAmt |
| Grants Payable BOY | $11,800,000 | GrantsPayableBOYAmt |
| Grants Payable EOY | $8,520,000 | GrantsPayableEOYAmt |
| Other Liabilities BOY | -$4,705 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | -$5,981 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $11,795,295 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $8,514,019 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $3,115,008 | RetainedEarningBOYAmt |
| Retained Earning EOY | $7,005,084 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $3,115,008 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $7,005,084 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $14,910,303 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $15,519,103 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $3,115,008 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $2,519,076 | ExcessRevenueOverExpensesAmt |
| Other Increases | $1,371,000 | OtherIncreasesAmt |
| Subtotal | $7,005,084 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $7,005,084 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES (VANGUARD #79197759) | $5,094,699 | $3,180,604 | $1,914,095 | $1,914,095 | |
| CAPITAL GAINS DIVIDENDS | $1,718 | $1,718 | $1,718 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $1,915,813 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $30,278 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $30,278 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $30,278 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $6,000 | 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 | $6,000 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Tax Due | $24,278 | 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 | DE | 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 |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ROCH CAPITAL INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 4848409179 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 50 APPLIED BANK BLVD | AddressLine1Txt |
| City | GLEN MILLS | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19342 | 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 (6 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 |
|---|---|---|---|---|---|---|---|---|
| ROCCO A ABESSINIO | ||||||||
| PO BOX 159 | CONCORDVILLE | PA | 19331 | DIRECTOR | 0.00 | $0 | $0 | $0 |
| MARY F ABESSINIO | ||||||||
| PO BOX 159 | CONCORDVILLE | PA | 19331 | DIRECTOR | 0.00 | $0 | $0 | $0 |
| MARY D COOL | ||||||||
| PO BOX 159 | CONCORDVILLE | PA | 19331 | DIRECTOR | 0.00 | $0 | $0 | $0 |
| PETER G ABESSINIO | ||||||||
| PO BOX 159 | CONCORDVILLE | PA | 19331 | DIRECTOR | 0.00 | $0 | $0 | $0 |
| VINCENT T ABESSINIO | ||||||||
| PO BOX 159 | CONCORDVILLE | PA | 19331 | DIRECTOR | 0.00 | $0 | $0 | $0 |
| JOANNE F FABRIZIO | ||||||||
| PO BOX 159 | CONCORDVILLE | PA | 19331 | DIRECTOR | 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 | $15,201,492 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $198,858 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $15,400,350 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $15,400,350 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $231,005 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $15,169,345 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $758,467 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $758,467 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $30,278 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $30,278 | TotalTaxAmt |
| Distributable Before Adj | $728,189 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $728,189 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $728,189 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $3,313,359 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $3,313,359 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $728,189 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr1 | $2,975,513 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $2,975,513 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $3,313,359 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $728,189 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $2,585,170 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $5,560,683 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $5,560,683 | ExcessDistriCyovToNextYrAmt |
| Excess From Year1 | $2,975,513 | ExcessFromYear1Amt |
| Excess From Current Year | $2,585,170 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | ROCCO A ABESSINIO | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (17 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| ALZHEIMER'S ASSOCIATION | |||||||
| 2595 INTERSTATE DRIVE SUITE 100 | HARRISBURG | PA | 17710 | N/A | PC | TO HELP FUND THE ORGANIZATION'S OPERATING BUDGET. | $200 |
| ARCHMERE ACADEMY | |||||||
| 3600 PHILADELPHIA PIKE | CLAYMONT | DE | 19703 | N/A | PC | SCHOLARSHIP FINANCIAL ASSISTANCE | $100,000 |
| CHRISTIANA CARE HEALTH SYSTEM INC | |||||||
| 4000 NEXUS DRIVE SUITE W3-300 | WILMINGTON | DE | 19803 | N/A | PC | WILMINGTON CAMPUS CAMPAIGN | $100,000 |
| MCC FOUNDATION INC | |||||||
| 4641 WELDIN ROAD | WILMINGTON | DE | 19803 | N/A | PC | TO HELP FUND THE ORGANIZATION'S OPERATING BUDGET. | $800 |
| SALESIANUM SCHOOL | |||||||
| 1801 NORTH BROOM STREET | WILMINGTON | DE | 19802 | N/A | PC | STADIUM RECONSTRUCTION PROJECT | $2,000,000 |
| ORDER OF MALTA - FEDERAL ASSOCIATION USA | |||||||
| 1730 M ST NW SUITE 403 | WASHINGTON | DC | 20036 | N/A | PC | ANNUAL STEWARDSHIP APPEAL | $1,000 |
| ST ROCCO CATHOLIC CHURCH | |||||||
| 9016 GAP NEWPORT PIKE | AVONDALE | PA | 19311 | N/A | PC | TO HELP FUND THE ORGANIZATION'S OPERATING BUDGET. | $700 |
| THE MICHAEL C ROTHBERG SEPTEMBER 11TH MEMORIAL SCHOLARSHIP INC | |||||||
| PO BOX 116 | SHARON | MA | 02067 | N/A | PC | TO HELP FUND THE ORGANIZATION'S OPERATING BUDGET. | $250 |
| THE MINISTRY OF CARING INC | |||||||
| 115 E 14TH ST | WILMINGTON | DE | 19801 | N/A | PC | TO HELP FUND THE ORGANIZATION'S OPERATING BUDGET. | $60,000 |
| VILLANOVA UNIVERSITY | |||||||
| 800 E LANCASTER AVE | VILLANOVA | PA | 19085 | N/A | PC | RENOVATION FUND | $20,000 |
| FLORIDA ATLANTIC UNIVERSITY FOUNDATION INC | |||||||
| 777 GLADES ROAD AD 295 | BOCA RATON | FL | 33431 | N/A | PC | ATHLETIC ARENA RENOVATIONS CAMPAIGN | $1,000,000 |
| SOUTH COUNTY FOOD PANTRY INC | |||||||
| 121 WARFIELD AVE | VENICE | FL | 34285 | N/A | PC | TO HELP FUND THE ORGANIZATION'S OPERATING BUDGET. | $250 |
| CATHOLIC CHARITIES INC | |||||||
| 2601 W 4TH ST | WILMINGTON | DE | 19805 | N/A | PC | TO HELP FUND THE ORGANIZATION'S OPERATING BUDGET. | $24,550 |
| AMERICA'S KESWICK | |||||||
| 601 ROUTE 530 | WHITING | NJ | 08759 | N/A | PC | TO HELP FUND THE ORGANIZATION'S OPERATING BUDGET. | $100 |
| ST PAUL'S CATHOLIC CHURCH | |||||||
| 1010 W 4TH ST | WILMINGTON | DE | 19805 | N/A | PC | RESTORING THE PAST, EMBRACING THE FUTURE CAMPAIGN | $2,000 |
| BOCA RATON REGIONAL HOSPITAL FOUNDATION INC | |||||||
| 800 MEADOWS RD | BOCA RATON | FL | 33486 | N/A | PC | OUT-PATIENT DIABETES SELF-MANAGEMENT EDUCATION PROGRAM | $1,000 |
| ROTARY CLUB DOWNTOWN BOCA RATON FUND INC | |||||||
| 8185 VIA ANCHO RD | BOCA RATON | FL | 33488 | N/A | PC | TO HELP FUND THE ORGANIZATION'S OPERATING BUDGET. | $1,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $3,311,850 | 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 | $275,058 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $1,315,029 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $1,590,087 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,590,087 | 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 |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Contributor Person | ROCCO A ABESSINIO | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 446 ADDISON PARK LANE | AddressLine1Txt |
| City | BOCA RATON | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33432 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $980,801 | TotalContributionsAmt |
| Noncash Contribution | Yes (X) | NoncashContributionInd |
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Noncash Property | 11,054.389 SHARES OF WEC ENERGY GROUP, INC. (WEC) PUBLICLY TRADED STOCK. | NoncashPropertyDesc |
| Fair Market Value | $980,801 | FairMarketValueAmt |
| Received | 2021-12-02 | ReceivedDt |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | TAX & ACCOUNTING FEES | CategoryTxt |
| Amt | $1,538 | Amt |
| Net Investment Income | $308 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $1,230 | DisbursementsCharitablePrpsAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (3 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| VANGUARD SHORT TERM CORP BOND ETF | $40,845 | $40,845 |
| VANGUARD TOTAL BOND MARKET ETF | $452,892 | $452,892 |
| VANGUARD TOTAL INTL BOND INDEX ETF | $94,985 | $94,985 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (9 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| VANGUARD FTSE DEVELOPED MKTS ETF | $2,779,612 | $2,779,612 |
| VANGUARD FTSE EMERGING MARKETS ETF | $789,423 | $789,423 |
| VANGUARD MID CAP VALUE ETF | $218,792 | $218,792 |
| VANGUARD MID CAP ETF | $1,422,710 | $1,422,710 |
| VANGUARD S&P 500 INDEX ETF | $2,061,505 | $2,061,505 |
| VANGUARD SMALL CAP ETF | $498,275 | $498,275 |
| ISHARES CORE S&P SMALL CAP ETF | $726,149 | $726,149 |
| ISHARES CORE S&P 500 ETF | $6,085,811 | $6,085,811 |
| ISHARES RUSSELL 2000 ETF | $223,853 | $223,853 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| LICENSES & FEES | $25 | $0 | $25 |
| POSTAGE | $273 | $0 | $254 |
| INVESTMENT MANAGEMENT FEES | $4,522 | $4,522 | $0 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED GAIN/LOSS | Desc |
| Amt | $1,371,000 | Amt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| FEDERAL INCOME TAX LIABILITY | -$4,705 | -$6,000 |
| DUE TO AFFILIATES | $0 | $19 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FOREIGN TAXES | $7,739 | $7,739 | $0 |
| FEDERAL TAX EXPENSE | $5,865 | $0 | $0 |