GEOFFREY C HUGHES FOUNDATION INC: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- GEOFFREY C HUGHES FOUNDATION INC (EIN 13-3622255)
- Tax period
- 2020-04-01 to 2021-03-31
- Filed
- 2022-02-15
- IRS object ID
- 202220469349100707
- Schema version
- 2020v4.1
- 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
- Compensation Explanation
- Depreciation Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- Other Expenses Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-02-15T09:52:35-06:00 | ReturnTs |
| Tax Period End | 2021-03-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FOUNDATION SOURCE | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE HOLLOW LN STE 212 | AddressLine1Txt |
| City | LAKE SUCCESS | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11042 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2020-04-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 133622255 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Geoffrey C Hughes Foundation Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % Foundation Source | InCareOfNm |
| Business Name Control | GEOF | BusinessNameControlTxt |
| Phone | 8008391754 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Foundation Source 501 Silverside Rd | AddressLine1Txt |
| City | Wilmington | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198091377 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Matthew Bersani | PersonNm |
| Person Title | Treasurer | PersonTitleTxt |
| Phone | 8008391754 | PhoneNum |
| Signature | 2022-02-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | Matthew | PersonFirstNm |
| Person Last | Bersani | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Jeffrey D Haskell | PreparerPersonNm |
| PTIN | P01345770 | PTIN |
| Phone | 8008391754 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | TrustedCustomerGrp |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | 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 | $35,242,326 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $0 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $3,099 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $3,099 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $286 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $286 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $738,447 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $6,507,694 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $3,134,647 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $741,832 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $3,138,032 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $174,167 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $174,167 | CompOfcrDirTrstDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $13,930 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $13,930 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $8,803 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $8,803 | LegalFeesDsbrsChrtblAmt |
| Other Prof Fees Rev And Expnss | $53,225 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $19,637 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $33,588 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $34,600 | TaxesRevAndExpnssAmt |
| Other Expenses Rev And Expnss | $51,979 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Dsbrs Chrtbl | $51,979 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $336,704 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $19,637 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $282,467 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,785,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,785,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $2,121,704 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $19,637 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $2,067,467 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$1,379,872 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $3,118,395 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $974 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $648,063 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $648,063 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $23,823,390 | CorporateStockBOYAmt |
| Corporate Stock EOY | $22,606,452 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $27,682,617 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $5,656,952 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $4,846,929 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $6,911,646 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $29,481,316 | TotalAssetsBOYAmt |
| Total Assets EOY | $28,101,444 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $35,242,326 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $29,481,316 | RetainedEarningBOYAmt |
| Retained Earning EOY | $28,101,444 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $29,481,316 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $28,101,444 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $29,481,316 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $28,101,444 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $29,481,316 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$1,379,872 | ExcessRevenueOverExpensesAmt |
| Subtotal | $28,101,444 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $28,101,444 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (17 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt |
|---|---|---|---|---|---|---|---|
| Publicly-traded Securities | $5,295,448 | $2,592,577 | $2,702,871 | $2,702,871 | |||
| MSCI EAFE INDEX CTF | $56,000 | $31,024 | $24,976 | $24,976 | P | 2019-03-31 | 2021-03-31 |
| MSCI EAFE INDEX CTF | $39,000 | $32,339 | $6,661 | $6,661 | P | 2019-03-31 | 2020-04-02 |
| MSCI EAFE INDEX CTF | $5,000 | $3,862 | $1,138 | $1,138 | P | 2019-03-31 | 2020-05-06 |
| MSCI EAFE INDEX CTF | $9,000 | $6,818 | $2,182 | $2,182 | P | 2019-03-31 | 2020-05-22 |
| MSCI EAFE INDEX CTF | $193,000 | $132,296 | $60,704 | $60,704 | P | 2019-03-31 | 2020-06-03 |
| MSCI EAFE INDEX CTF | $93,911 | $65,463 | $28,448 | $28,448 | P | 2019-03-31 | 2020-06-30 |
| MSCI EAFE INDEX CTF | $6,089 | $4,244 | $1,845 | $1,845 | P | 2019-03-31 | 2020-06-30 |
| MSCI EAFE INDEX CTF | $243,000 | $158,390 | $84,610 | $84,610 | P | 2019-03-31 | 2020-09-10 |
| MSCI EAFE INDEX CTF | $5,000 | $3,236 | $1,764 | $1,764 | P | 2019-03-31 | 2020-09-14 |
| MSCI EAFE INDEX CTF | $182,347 | $121,523 | $60,824 | $60,824 | P | 2019-03-31 | 2020-09-23 |
| MSCI EAFE INDEX CTF | $18,653 | $12,431 | $6,222 | $6,222 | P | 2019-03-31 | 2020-09-23 |
| MSCI EAFE INDEX CTF | $19,000 | $12,638 | $6,362 | $6,362 | P | 2019-03-31 | 2020-10-02 |
| MSCI EAFE INDEX CTF | $115,768 | $66,365 | $49,403 | $49,403 | P | 2019-03-31 | 2020-12-31 |
| MSCI EAFE INDEX CTF | $6,898 | $3,954 | $2,944 | $2,944 | P | 2019-03-31 | 2020-12-31 |
| MSCI EAFE INDEX CTF | $12,348 | $7,079 | $5,269 | $5,269 | P | 2019-03-31 | 2020-12-31 |
| MSCI EAFE INDEX CTF | $207,232 | $118,808 | $88,424 | $88,424 | P | 2019-03-31 | 2020-12-31 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $3,134,647 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $43,346 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $43,346 | SubtotalAmt |
| Tax Based On Investment Income | $43,346 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $38,258 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $7,000 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $45,258 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $19 | EsPenaltyAmt |
| Overpayment | $1,893 | OverpaymentAmt |
| Applied To ES Tax | $1,893 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | NY | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foundation Source | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8008391754 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 501 Silverside Road Suite 123 | AddressLine1Txt |
| City | Wilmington | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198091377 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (8 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| Mary Bersani | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir, Pres | 40.0 | $174,167 | $0 | $0 |
| Matthew Bersani | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir, Treas | 1.0 | $0 | $0 | $0 |
| Catherine Burns | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir, Sec | 1.0 | $0 | $0 | $0 |
| Paul Burns | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir | 1.0 | $0 | $0 | $0 |
| Monica Orbe Cliff | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir | 1.0 | $0 | $0 | $0 |
| Ursula Cliff | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir, sec* | 1.0 | $0 | $0 | $0 |
| W Conway Cliff | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir | 1.0 | $0 | $0 | $0 |
| Walter C Cliff | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir, pres*, treas* | 1.0 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Summary Of Direct Chrtbl Acty | SummaryOfDirectChrtblActyGrp | |
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $25,665,742 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $444,662 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $7,183,419 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $33,293,823 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $33,293,823 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $499,407 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $32,794,416 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,639,721 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,639,721 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $43,346 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $43,346 | TotalTaxAmt |
| Distributable Before Adj | $1,596,375 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $1,596,375 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $1,596,375 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $2,067,467 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $2,067,467 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $2,067,467 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,596,375 | DistributableAsAdjustedAmt |
| Prior Year1 | 2018 | PriorYear1Yr |
| Prior Year2 | 2017 | PriorYear2Yr |
| Prior Year3 | 2016 | PriorYear3Yr |
| Excess Distribution Cyov Yr5 | $216,181 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $270,965 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $637,990 | ExcessDistributionCyovYr3Amt |
| Total Excess Distribution Cyov | $1,125,136 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $2,067,467 | QualifyingDistributionsAmt |
| Applied To Current Year | $1,596,375 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $471,092 | RemainingDistriFromCorpusAmt |
| Total Corpus | $1,596,228 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $216,181 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $1,380,047 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $270,965 | ExcessFromYear4Amt |
| Excess From Year3 | $637,990 | ExcessFromYear3Amt |
| Excess From Current Year | $471,092 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | NONE | ContributingManagerNm |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | geoffrey c hughes foundation inc | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Foundation Source 55 walls dr fl 3 | AddressLine1Txt |
| City | fairfield | CityNm |
| State Abbreviation | CT | StateAbbreviationCd |
| ZIP | 06824 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Email Address | strowbridge@foundationsource.com | RecipientEmailAddressTxt |
| Form And Info And Materials | a letter of inquiry stating the purpose and the amount requested and the tax-exempt status of the applicant organization should be submitted via e-mail to the president of the foundation at the e-mail address indicated. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | none | SubmissionDeadlinesTxt |
| Restrictions On Awards | there are no restrictions on awards. the foundation concentrates on environmental protection, education and social justice. | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (25 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| BERKSHIRES BOUNTY INC | |||||||
| 33 COMMONWEALTH AVE | GT BARRINGTON | MA | 01230 | N/A | PC | General & Unrestricted | $15,000 |
| BOSTON SYMPHONY ORCHESTRA INC | |||||||
| 301 MASS AVE | BOSTON | MA | 02115 | N/A | PC | Charitable Event | $30,000 |
| CAMPAIGN LEGAL CENTER INC | |||||||
| 1101 14TH ST NW STE 400 | WASHINGTON | DC | 20005 | N/A | PC | General & Unrestricted | $150,000 |
| CONNECTICUT LAND CONSERVATION COUNCIL INC | |||||||
| 27 WASHINGTON ST | MIDDLETOWN | CT | 06457 | N/A | PC | General & Unrestricted | $60,000 |
| COUNCIL ON THE ENVIRONMENT INC DBA GROWNYC | |||||||
| 100 GOLD ST STE 3300 | NEW YORK | NY | 10038 | N/A | PC | General & Unrestricted | $25,000 |
| DANA FARBER CANCER INSTITUTE INC | |||||||
| PO BOX 849168 | BOSTON | MA | 02284 | N/A | PC | General & Unrestricted | $150,000 |
| GREATER CHICAGO FOOD DEPOSITORY | |||||||
| 4100 W ANN LURIE PL | CHICAGO | IL | 60632 | N/A | PC | General & Unrestricted | $50,000 |
| GREENAGERS INC | |||||||
| PO BOX 157 | S EGREMONT | MA | 01258 | N/A | PC | Community Learning in the Berkshires CLuB | $100,000 |
| INNER-CITY SCHOLARSHIP FUND INC | |||||||
| 1011 FIRST AVE SUITE 1400 | NEW YORK | NY | 10022 | N/A | PC | General & Unrestricted | $50,000 |
| MAHAIWE PERFORMING ARTS CENTER INC | |||||||
| PO BOX 690 | GT BARRINGTON | MA | 01230 | N/A | PC | Charitable Event | $5,000 |
| MAHAIWE PERFORMING ARTS CENTER INC | |||||||
| PO BOX 690 | GT BARRINGTON | MA | 01230 | N/A | PC | General & Unrestricted | $50,000 |
| MASSACHUSETTS IMMIGRANT AND REFUGEE ADVOCACY COALI | |||||||
| 105 CHAUNCY ST SUITE 901 | BOSTON | MA | 02111 | N/A | PC | Berkshire Immigrant Center in Pittsfield, MA | $10,000 |
| NATIONAL REDISTRICTING FOUNDATION | |||||||
| 700 13TH ST NW STE 600 | WASHINGTON | DC | 20005 | N/A | PC | General & Unrestricted | $300,000 |
| NATURE CONSERVANCY | |||||||
| 4245 N FAIRFAX DRIVE STE 100 | ARLINGTON | VA | 22203 | N/A | PC | Massachusetts Chapter fund | $200,000 |
| NEIGHBORS LINK CORP | |||||||
| 27 COLUMBUS AVE | MOUNT KISCO | NY | 10549 | N/A | PC | General & Unrestricted | $50,000 |
| NEW ENGLAND FORESTRY FOUNDATION INC | |||||||
| 32 FOSTER ST | LITTLETON | MA | 01460 | N/A | PC | General & Unrestricted | $50,000 |
| NEW YORK CITY BALLET INC | |||||||
| 20 LINCOLN CENTER PLZ | NEW YORK | NY | 10023 | N/A | PC | General & Unrestricted | $50,000 |
| NEW YORK COMMON PANTRY | |||||||
| 8 E 109TH ST | NEW YORK | NY | 10029 | N/A | PC | General & Unrestricted | $50,000 |
| PASCAL RIOULT DANCE THEATRE INC | |||||||
| 3401 STEINWAY ST | ASTORIA | NY | 11101 | N/A | PC | General & Unrestricted | $35,000 |
| PRINCETON IN ASIA INC | |||||||
| LOUIS A SIMPSON INTERNATIONAL BLDG | PRINCETON | NJ | 08544 | N/A | PC | General & Unrestricted | $50,000 |
| ROCK THE VOTE | |||||||
| 1440 G ST NW | WASHINGTON | DC | 20005 | N/A | PC | General & Unrestricted | $100,000 |
| SAVE THE SOUND INC | |||||||
| 900 CHAPEL ST UPPER MEZZANINE | NEW HAVEN | CT | 06510 | N/A | PC | General & Unrestricted | $100,000 |
| SCHOOL OF AMERICAN BALLET INC | |||||||
| 70 LINCOLN CENTER PLZ | NEW YORK | NY | 10023 | N/A | PC | General & Unrestricted | $35,000 |
| STREETSQUASH INC | |||||||
| 40 WEST 116TH ST | NEW YORK | NY | 10026 | N/A | PC | General & Unrestricted | $60,000 |
| TEATRO GRATTACIELO | |||||||
| 551 WESTCHESTER AVE | RYE BROOK | NY | 10573 | N/A | PC | General & Unrestricted | $10,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,785,000 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp |
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $3,099 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $286 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Incm Part VII | OtherInvestmentIncmPartVIIGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $738,447 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $741,832 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $741,832 | 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 |
Compensation Explanation CompensationExplanation
Compensation Explanation CompensationExplanationGrp (2 entries)
| Short ExplanationShortExplanationTxt |
|---|
| Ursula Cliff |
| *resigned from position in FYE 2021 |
| Walter C Cliff |
| *Resigned from positions in FYE 2021 |
Depreciation Schedule DepreciationSchedule
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (3 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| PASSIVE BOND MARKET | $10,204,691 | $10,380,887 |
| REAL ASSETS | $2,454,790 | $3,442,019 |
| US TOTAL MARKET INDEX CTF | $9,946,971 | $13,859,711 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | MSCI EAFE INDEX CTF | CategoryOrItemTxt |
| Book Value | $4,846,929 | BookValueAmt |
| EOYFMV | $6,911,646 | EOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | General Consultations | CategoryTxt |
| Legal Fees | $8,803 | LegalFeesAmt |
| Disbursements Charitable Prps | $8,803 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (6 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| Administrative Fees | $37,114 | $37,114 |
| Administrative Set-Up Fee | $10,350 | $10,350 |
| Indemnification Insurance | $2,108 | $2,108 |
| Postage/Delivery Service | $127 | $127 |
| State or Local Filing Fees | $750 | $750 |
| FOUNDATION DUES & MEMBERSHIPS | $1,530 | $1,530 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| Administration of Foundation | $33,588 | $33,588 | |
| Investment Management Services | $19,637 | $19,637 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | 990-PF Estimated Tax for 2021 | CategoryTxt |
| Amt | $34,600 | Amt |