TINA AND RICHARD V CAROLAN FOUNDATION INC: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- TINA AND RICHARD V CAROLAN FOUNDATION INC (EIN 22-3085237)
- Tax period
- 2020-12-01 to 2021-11-30
- Filed
- 2022-10-17
- IRS object ID
- 202232909349100308
- Schema version
- 2020v4.2
- 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
- Accounting Fees Schedule
- Investments Corp Stock Schedule
- Other Assets Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-10-17T08:29:19-05:00 | ReturnTs |
| Tax Period End | 2021-11-30 | 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 | 2020-12-01 | 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 No 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 | 2022-10-17 | 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 | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| 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 | $22,911,177 | 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 | $2,527 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $2,527 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $268,958 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $268,958 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $1,838,882 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $2,723,078 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $1,838,882 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $2,110,367 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $2,110,367 | 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 |
| Accounting Fees Rev And Expnss | $9,500 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $82,745 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $41,373 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $41,372 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $10,000 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $152,245 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $66,373 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $66,372 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $928,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $928,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,080,245 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $66,373 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $994,372 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $1,030,122 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $2,043,994 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $502,923 | CashBOYAmt |
| Cash EOY | $126,544 | CashEOYAmt |
| Cash EOYFMV | $126,544 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $424,044 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $1,330,738 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $1,330,738 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $6,584,242 | CorporateStockBOYAmt |
| Corporate Stock EOY | $7,222,419 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $21,453,895 | CorporateStockEOYFMVAmt |
| Other Assets BOY | $145,308 | OtherAssetsBOYAmt |
| Other Assets EOY | $0 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $0 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $7,656,517 | TotalAssetsBOYAmt |
| Total Assets EOY | $8,679,701 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $22,911,177 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $6,938 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $0 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $6,938 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $7,649,579 | CapitalStockBOYAmt |
| Capital Stock EOY | $8,679,701 | 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 | $7,649,579 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $8,679,701 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $7,656,517 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $8,679,701 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $7,649,579 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $1,030,122 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $8,679,701 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $8,679,701 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (24 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | DepreciationDepreciationAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| 300 shs Capital One Financial Corp | 2005-04-05 | 2020-12-22 | $28,556 | $0 | $22,647 | $5,909 | $5,909 |
| 600 shs SPDR Gold Trust | 2000-01-01 | 2020-12-04 | $36 | $0 | $21 | $15 | $15 |
| 50 shs Vontier Corporation | 2009-12-23 | 2020-12-22 | $1,690 | $0 | $343 | $1,347 | $1,347 |
| 80 shs Vontier Corporation | 2010-01-12 | 2020-12-22 | $2,705 | $0 | $563 | $2,142 | $2,142 |
| 3,500 shs SPDR Trust | 2005-06-14 | 2021-02-25 | $1,339,150 | $0 | $422,625 | $916,525 | $916,525 |
| 2,000 shs SPDR Trust | 2005-06-14 | 2021-05-11 | $822,688 | $0 | $241,500 | $581,188 | $581,188 |
| 1,500 shs Magnite Inc | 2020-12-04 | 2021-02-22 | $91,386 | $0 | $31,113 | $60,273 | $60,273 |
| 1,000 shs Magnite Inc | 2020-12-22 | 2021-02-22 | $60,924 | $0 | $27,281 | $33,643 | $33,643 |
| 600 shs Blackstone Group Inc | 2016-05-27 | 2021-04-27 | $53,100 | $0 | $15,228 | $37,872 | $37,872 |
| 200 shs Capital One Financial Corp | 2005-04-05 | 2021-02-16 | $23,981 | $0 | $15,098 | $8,883 | $8,883 |
| 100 shs Capital One Financial Corp | 2006-08-10 | 2021-02-16 | $11,990 | $0 | $7,373 | $4,617 | $4,617 |
| 300 shs Oracle Corporation | 2009-04-02 | 2021-02-03 | $18,665 | $0 | $5,685 | $12,980 | $12,980 |
| 650 shs Oracle Corporation | 2010-12-01 | 2021-02-03 | $40,441 | $0 | $17,932 | $22,509 | $22,509 |
| 300 shs Oracle Corporation | 2011-07-20 | 2021-02-03 | $18,665 | $0 | $9,778 | $8,887 | $8,887 |
| 200 shs SPDR Gold Trust | 2008-05-16 | 2021-02-17 | $33,323 | $0 | $16,909 | $16,414 | $16,414 |
| 200 shs SPDR Gold Trust | 2009-06-04 | 2021-02-17 | $33,323 | $0 | $18,293 | $15,030 | $15,030 |
| 200 shs SPDR Gold Trust | 2017-09-07 | 2021-02-17 | $33,323 | $0 | $25,203 | $8,120 | $8,120 |
| 600 shs SPDR Gold Trust | 2000-01-01 | 2021-01-11 | $35 | $0 | $21 | $14 | $14 |
| 600 shs SPDR Gold Trust | 2000-01-01 | 2021-02-05 | $36 | $0 | $22 | $14 | $14 |
| 600 shs SPDR Gold Trust | 2000-01-01 | 2021-03-03 | $33 | $0 | $33 | $33 | |
| 600 shs SPDR Gold Trust | 2000-01-01 | 2021-04-07 | $34 | $0 | $34 | $34 | |
| 600 shs SPDR Gold Trust | 2000-01-01 | 2021-05-05 | $33 | $0 | $33 | $33 | |
| 600 shs SPDR Gold Trust | 2000-01-01 | 2021-06-04 | $35 | $0 | $35 | $35 | |
| 1,100 shs The Trade Desk, Inc | 2018-02-26 | 2021-11-12 | $108,926 | $0 | $6,561 | $102,365 | $102,365 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $1,838,882 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $28,412 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $28,412 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $28,412 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $12,220 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $31,000 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $43,220 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $31 | EsPenaltyAmt |
| Overpayment | $14,777 | OverpaymentAmt |
| Applied To ES Tax | $14,777 | 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 | 0 | 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 | $0 | $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 | $19,465,385 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,998,644 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $21,464,029 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $21,464,029 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $321,960 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $21,142,069 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,057,103 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,057,103 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $28,412 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $28,412 | TotalTaxAmt |
| Distributable Before Adj | $1,028,691 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $1,028,691 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $1,028,691 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $994,372 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $994,372 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $994,372 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,028,691 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $859,996 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $994,372 | QualifyingDistributionsAmt |
| Applied To Year1 | $859,996 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $134,376 | 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 | $894,315 | 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 (15 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| Armenian Apostolic Church of America Eastern Prelacy | |||||||
| 138 East 39th Street | New York | NY | 10016 | None | 501(c)(3) | Program Relief Efforts | $100,000 |
| Armenian Apostolic Church of America Eastern Prelacy | |||||||
| 138 East 39th Street | New York | NY | 10016 | None | 501(c)(3) | Relief Efforts in Antelias | $50,000 |
| Foundation Cycling NYC Inc | |||||||
| 201 East 77th Street | New York | NY | 10075 | None | 501(c)(3) | Contribute to programs for rider development | $5,000 |
| Foundation for Morristown Medical Center | |||||||
| 475 South Street | Morristown | NJ | 07960 | None | 501(c)(3) | Program to purchase 1 Echocardiography Training Simulator and 1 FibroScan | $200,000 |
| High Point Volunteer Fire Co | |||||||
| 80th Street and Compass Avenue | Harvey Ceders | NJ | 08008 | None | 501(c)(3) | Purchase Polaris Rescue Vehicle | $30,000 |
| Long Beach Township PBA 373 | |||||||
| 6805 Long Beach Boulevard | Brant Beach | NJ | 08008 | None | 501(c)(3) | Community policing and DARE program | $28,000 |
| Memorial Sloan Kettering | |||||||
| 885 Second Avenue 8th Floor | New York | NY | 10017 | None | 501(c)(3) | The third 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) | Contribute to Programs for Caring for our Essential Workers and Protecting our Special Needs Participants | $25,000 |
| New Jersey Interscholastic Cycling League | |||||||
| PO Box 224 | Chester | NJ | 07930 | None | 501(c)(3) | Contribute to Try It Out Program and The Loaner Bike Program | $50,000 |
| Royal Palm Academy | |||||||
| 16100 Livingston Road | Naples | FL | 34110 | None | 501(c)(3) | Facility Upgrades | $25,000 |
| Southern Ocean Medical Center Foundation | |||||||
| 1140 Route 72 West | Manahawkin | NJ | 08050 | None | 501(c)(3) | Contribute to your program to purchase 1 Hanna Orthopedic Fracture Table and 3 Olympus HD Video Colonoscopes | $200,000 |
| Stafford Township PBA Local 297 | |||||||
| PO Box 746 | Manahawkin | NJ | 08050 | None | 501(c)(3) | Program of Community Policing Efforts and DARE Program | $25,000 |
| Star Track Cycling Inc | |||||||
| 90 Park Avenue 18th Floor | New York | NY | 10016 | None | 501(c)(3) | Equipment purchase 30 Kicker Trainers | $15,000 |
| Team Type 1 Foundation | |||||||
| 2144 Hills Avenue Suite A | Atlanta | GA | 30318 | None | 501(c)(3) | Global Ambassador Scholarship Program and TT1 Junior Racing Team | $50,000 |
| USA Cycling Foundation | |||||||
| 210 USA Cycling Point Suite 100 | Colorado Springs | CO | 80919 | None | 501(c)(3) | Vehicle purchase, Olympic team preparation, and equipment for Let's Ride Camps | $75,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $928,000 | 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 | $2,527 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $268,958 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $1,838,882 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $2,110,367 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $2,110,367 | 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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Gerry Longo | CategoryTxt |
| Amt | $9,500 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (37 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 1,000 shs Abbott Laboratories | $33,694 | $125,770 |
| 630 shs Accenture PLC | $163,807 | $225,162 |
| 120 shs Alphabet, Inc | $75,925 | $341,885 |
| 55 shs Amazon.Com,Inc. | $11,949 | $192,889 |
| 1,800 shs Amphenol Corp. New Class A | $15,708 | $145,044 |
| 2,000 shs Apple Inc. | $25,553 | $330,600 |
| 1,925 shs Bank of America Corporation | $43,900 | $85,605 |
| 2,900 shs Blackstone Group, Inc. | $93,985 | $410,205 |
| 1,000 shs Chevron Corporation | $97,942 | $112,870 |
| 1,000 shs Coca-Cola Company | $31,325 | $52,450 |
| 350 shs Costco Wholesale Corp New | $35,855 | $188,783 |
| 1,000 shs CVS Health Corporation | $66,540 | $89,060 |
| 800 shs Danaher Corp. | $30,778 | $257,312 |
| 615 shs The Walt Disney Company | $71,385 | $89,114 |
| 1,200 shs Fiserv Inc. | $38,933 | $115,824 |
| 325 shs Fortive Corp. | $5,234 | $24,008 |
| 550 shs Home Depot Inc. | $37,863 | $220,336 |
| 700 shs Honeywell International Inc. | $32,682 | $141,568 |
| 1,200 shs JP Morgan Chase & Co. | $43,185 | $190,596 |
| 500 shs Johnson & Johnson | $35,530 | $77,965 |
| 1,000 shs Marsh & McLennan Cos. Inc. | $41,479 | $164,020 |
| 360 shs MasterCard Inc. | $100,862 | $113,371 |
| 1,200 shs Merck & Co., Inc. | $73,616 | $89,892 |
| 800 shs Microsoft Corporation | $87,602 | $264,472 |
| 120 shs Organon & Co. | $3,636 | $3,508 |
| 600 shs The Procter & Gamble Company | $32,212 | $86,748 |
| 275 shs S&P Global Inc. | $122,715 | $125,326 |
| 1,600 shs Schwab Charles Corp. New | $128,914 | $123,824 |
| 2,100 shs The Trade Desk, Inc. | $12,525 | $217,182 |
| 575 shs Visa Inc. Class A | $108,496 | $111,418 |
| 3,600 shs Williams Cos. Inc. | $79,691 | $96,444 |
| 4,400 shs iShares Core S&P Small Cap 600 ETF | $274,514 | $485,364 |
| 3,000 shs Vanguard Emerging Markets ETF | $143,147 | $147,570 |
| 1,000 shs Invesco QQQ Trust | $367,310 | $393,820 |
| 3,000 shs iShares Core S&P Small Cap 600 ETF | $339,720 | $330,930 |
| 5,500 shs SPDR Blackstone Gsa Senior Loan ETF | $252,234 | $249,480 |
| 33,000 shs SPDR S&P 500 ETF | $4,061,973 | $15,033,480 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (2 entries)
| BOY Book ValueBOYBookValueAmt |
|---|
| $84,624 |
| $60,684 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY Book Value | $6,938 | BOYBookValueAmt |
| EOY Book Value | $0 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Investment Management Fees Index Funds #2 | CategoryTxt |
| Amt | $82,745 | Amt |
| Net Investment Income | $41,373 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $41,372 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Excise Tax fiscal year ended 11-30-21 | CategoryTxt |
| Amt | $10,000 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |