MARIO FAMILY FOUNDATION: Form 990PF, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- MARIO FAMILY FOUNDATION (EIN 20-1400656)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-10-28
- IRS object ID
- 202233019349100608
- 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
- Contractor Compensation Expln
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-10-28T09:23:33-05:00 | ReturnTs |
| Tax Period End | 2021-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 210650289 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KLATZKIN & COMPANY LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1670 WHITEHORSE HAM SQ RD | AddressLine1Txt |
| City | HAMILTON | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 086903513 | 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 | 201400656 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE MARIO FAMILY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MARI | BusinessNameControlTxt |
| Phone | 9736356727 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 445 | AddressLine1Txt |
| City | CHATHAM | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07928 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MARYLOU ROWE | PersonNm |
| Person Title | EXECUTIVE DIRECTOR | PersonTitleTxt |
| Phone | 9736356727 | PhoneNum |
| Signature | 2022-10-28 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | MARYLOU | PersonFirstNm |
| Person Last | ROWE | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MICHELLE ROBB CPA | PreparerPersonNm |
| PTIN | P01312427 | PTIN |
| Phone | 6098909189 | 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 | $41,571,874 | 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 | $39,107 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $333,463 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $332,974 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $2,972,004 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $6,786,827 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $2,972,004 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $1,106 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | -$144 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $3,345,680 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $3,304,834 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $37,600 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $37,600 | CompOfcrDirTrstDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $15,826 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $15,826 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $13,950 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $6,975 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $6,975 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $238,578 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $163,080 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $75,498 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $1,527 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $1,502 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $25 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $3,044 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $3,044 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $310,525 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $171,557 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $138,968 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $2,082,784 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $2,082,784 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $2,393,309 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $171,557 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $2,221,752 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $952,371 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $3,133,277 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $1,703,595 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $1,995,697 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $1,995,697 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $23,144,664 | CorporateStockBOYAmt |
| Corporate Stock EOY | $24,423,168 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $39,081,503 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $1,369,629 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $506,575 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $494,674 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $26,217,888 | TotalAssetsBOYAmt |
| Total Assets EOY | $26,925,440 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $41,571,874 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | 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 | $26,217,888 | RetainedEarningBOYAmt |
| Retained Earning EOY | $26,925,440 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $26,217,888 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $26,925,440 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $26,217,888 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $26,925,440 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $26,217,888 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $952,371 | ExcessRevenueOverExpensesAmt |
| Other Increases | $426,458 | OtherIncreasesAmt |
| Subtotal | $27,596,717 | SubtotalAmt |
| Other Decreases | $671,277 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $26,925,440 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (13 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES FROM #8864 S/T | P | $1,065,341 | $1,122,254 | -$56,913 | -$56,913 |
| PUBLICLY TRADED SECURITIES FROM #8864 L/T | P | $2,772,756 | $2,172,076 | $600,680 | $600,680 |
| PUBLICLY TRADED SECURITIES FROM #3246 S/T | P | $20,000 | $20,000 | $0 | $0 |
| PUBLICLY TRADED SECURITIES FROM #3246 L/T | P | $926,339 | $317,074 | $609,265 | $609,265 |
| PUBLICLY TRADED SECURITIES FROM #4615 S/T | P | $7,390 | $7,600 | -$210 | -$210 |
| PUBLICLY TRADED SECURITIES FROM #4615 L/T | P | $23,559 | $23,619 | -$60 | -$60 |
| CASH LIQUIDATION DISTRIBUTION #8864 | P | $181 | $181 | $181 | |
| CASH LIQUIDATION DISTRIBUTION #4615 | P | $2 | $2 | $2 | |
| PV III CEO FUND S/T | P | -$263 | -$263 | ||
| PV III CEO FUND L/T | P | -$24,548 | -$24,548 | ||
| PV III CEO FUND LIQUIDATION | P | $127,389 | -$127,389 | -$127,389 | |
| RK VENTURES LTCG ON K-1 | P | $658,599 | $658,599 | $658,599 | |
| CAPITAL GAINS DIVIDENDS | P | $1,312,660 | $1,312,660 | $1,312,660 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $2,972,004 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $43,553 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $43,553 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $43,553 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $33,247 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $20,000 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $53,247 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $9,694 | OverpaymentAmt |
| Applied To ES Tax | $9,694 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | NJ | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | PROFFIT POMPEY PARTNERS INC | IndividualWithBooksNm |
| Phone | 9736356727 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 445 | AddressLine1Txt |
| City | CHATHAM | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07928 | 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 | Yes (1) | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (1) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| 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 (7 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 |
|---|---|---|---|---|---|---|---|---|
| DR ERNEST MARIO | ||||||||
| 14 FAIRMOUNT AVE SUITE 9 | CHATHAM | NJ | 07928 | DIRECTOR | 2.50 | $0 | $0 | $0 |
| CHRISTOPHER B MARIO | ||||||||
| 14 FAIRMOUNT AVE SUITE 9 | CHATHAM | NJ | 07928 | DIRECTOR | 2.00 | $5,000 | $0 | $0 |
| GREGORY G MARIO | ||||||||
| 14 FAIRMOUNT AVE SUITE 9 | CHATHAM | NJ | 07928 | DIRECTOR | 1.00 | $2,500 | $0 | $0 |
| JEREMY K MARIO | ||||||||
| 14 FAIRMOUNT AVE SUITE 9 | CHATHAM | NJ | 07928 | DIRECTOR | 1.00 | $2,500 | $0 | $0 |
| SAMANTHA VENTIMIGLIA | ||||||||
| 14 FAIRMOUNT AVE SUITE 9 | CHATHAM | NJ | 07928 | DIRECTOR | 1.00 | $2,500 | $0 | $0 |
| JEFFREY SPRITZER | ||||||||
| 14 FAIRMOUNT AVE SUITE 9 | CHATHAM | NJ | 07928 | DIRECTOR | 2.00 | $5,000 | $0 | $0 |
| MARYLOU ROWE | ||||||||
| 14 FAIRMOUNT AVE SUITE 9 | CHATHAM | NJ | 07928 | EXECUTIVE DIRECTOR | 3.00 | $20,100 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | PROFFIT POMPEY PARTNERS INC | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 445 14 FAIRMOUNT AVE SUITE 9 | AddressLine1Txt |
| City | CHATHAM | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07928 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | MANAGEMENT SERVICES | ServiceTypeTxt |
| Compensation | $150,000 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 | $38,602,441 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,886,476 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $40,488,917 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $40,488,917 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $607,334 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $39,881,583 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,994,079 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,994,079 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $43,553 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $43,553 | TotalTaxAmt |
| Distributable Before Adj | $1,950,526 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $1,950,526 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $1,950,526 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $2,221,752 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $2,221,752 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,950,526 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr4 | $321,369 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $2,799 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr1 | $181,620 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $505,788 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $2,221,752 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $1,950,526 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $271,226 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $777,014 | 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 | $777,014 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $321,369 | ExcessFromYear4Amt |
| Excess From Year3 | $2,799 | ExcessFromYear3Amt |
| Excess From Year1 | $181,620 | ExcessFromYear1Amt |
| Excess From Current Year | $271,226 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | DR ERNEST MARIO | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (19 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| AMERICAN FOUNDATION FOR PHARMACEUTICAL EDUC | |||||||
| 2107 WILSON BLVD SUITE 700 | WASHINGTON | DC | 22201 | NONE | PUBLIC | OPERATING FUND & PRE DOC FELLOWSHIP,SUMMER INTERN | $135,000 |
| BAY AREA WOMENS SPORTS INITIATIVE | |||||||
| 1922 ALAMEDA 420 | SAN JOSE | CA | 95126 | NONE | PUBLIC | OPERATING FUND | $5,000 |
| CRISTO REY NETWORK | |||||||
| 14 E JACKSON BLVD SUITE 1200 | CHICAGO | IL | 60604 | NONE | PUBLIC | OPERATING FUND 4 YEAR CURRICULUM IMPLEMENTATION | $100,000 |
| DUKE UNIVERSITY | |||||||
| PO BOX 90581 | DURHAM | NC | 27708 | NONE | PUBLIC | DEPARTMENT OF MEDICINE FELLOWS FUND | $70,000 |
| DUKE UNIVERSITY ATHLETIC ASSOC | |||||||
| PO BOX 90581 | DURHAM | NC | 27708 | NONE | PUBLIC | BASKETBALL LEGACY FUND | $100,000 |
| DUKE UNIVERSITY PEDIATRICS | |||||||
| PO BOX 90581 | DURHAM | NC | 27708 | NONE | PUBLIC | HELP CHILDREN IMPROVE CARE | $50,000 |
| INSTITUTE FOR JUSTICE | |||||||
| 901 NORTH GLEBE ROAD SUITE 900 | ARLINGTON | VA | 22203 | NONE | PUBLIC | OPERATING FUND | $150,000 |
| NAVAL INSTITUTE FOUNDATION | |||||||
| 291 WOOD RD | ANNAPOLIS | MD | 21402 | NONE | PUBLIC | CONFERENCE CENTER PHOTO ARCHIVE ROOM | $100,000 |
| OPEN TABLE MINISTRY | |||||||
| 215 N CHURCH STREET | DURHAM | NC | 27701 | NONE | PUBLIC | OPERATING FUND | $90,000 |
| RUTGERS UNIVERSITY FOUNDATION | |||||||
| 7 COLLEGE AVE WINANTS HALL | NEW BRUNSWICK | NJ | 08901 | NONE | PUBLIC | OPERATING FUND COLAIZZI ATRIUM | $502,784 |
| SPECTRUM FOR LIVING | |||||||
| 210 RIVERVALE RD | RIVER VALE | NJ | 07675 | NONE | PUBLIC | OPERATING FUND | $10,000 |
| SSN 777 CLUB | |||||||
| 2512 SEVIER STREET | DURHAM | NC | 27705 | NONE | PUBLIC | OPERATING FUND & MUSEUM MEMORIAL | $30,000 |
| THE LAWRENCEVILLE SCHOOL | |||||||
| PO BOX 6125 | LAWRENCEVILLE | NJ | 08648 | NONE | PUBLIC | ANNUAL FUND | $105,000 |
| THE LAWRENCEVILLE SCHOOL | |||||||
| PO BOX 6125 | LAWRENCEVILLE | NJ | 08648 | NONE | PUBLIC | INTERNATIONAL TRAVEL FUND | $50,000 |
| TRINITY COLLEGE | |||||||
| 300 SUMMIT ST | HARTFORD | CT | 06106 | NONE | PUBLIC | PROFESSORSHIP OF CHEMISTRY | $250,000 |
| TRINITY SCHOOL OF DURHAM & CHAPEL HILL | |||||||
| 4011 PICKETT ROAD | DURHAM | NC | 27705 | NONE | PUBLIC | TRINITY FUND | $15,000 |
| TRINITY SCHOOL OF DURHAM & CHAPEL HILL | |||||||
| 4011 PICKETT ROAD | DURHAM | NC | 27705 | NONE | PUBLIC | TRINITY FORWARD CAMPAIGN | $200,000 |
| UNIVERSITY OF PENNSYLVANIA | |||||||
| 3451 WALNUT STREET | PHILADELPHIA | PA | 19104 | NONE | PUBLIC | PENN BAND | $100,000 |
| PALO ALTO HISTORICAL ASSOC | |||||||
| PO BOX 193 | PALO ALTO | CA | 94302 | NONE | PUBLIC | MILLIE MARIO MOVING IMAGES COLLECTION | $20,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $2,082,784 | 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 | $333,463 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $2,972,004 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (2 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|
| MA COMMUNITY INVEST CREDIT REFUND | 01 | $1,250 |
| K-1 ORD LOSS | 14 | -$144 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $3,306,573 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $3,306,573 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Line Number | 11A | LineNumberTxt |
| Relationship Statement | TAX CREDIT REFUND FROM MA RECEIVED FOR COMMUNITY INVESTMENT DONATION | RelationshipStatementTxt |
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 Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MILLICENT C MARIO 2011 CLAT | BusinessNameLine1Txt |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 445 | AddressLine1Txt |
| City | CHATHAM | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07928 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $39,107 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING/ TAX PREP FEES | CategoryTxt |
| Amt | $13,950 | Amt |
| Net Investment Income | $6,975 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $6,975 | DisbursementsCharitablePrpsAmt |
Contractor Compensation Expln ContractorCompensationExpln
Contractor Comp Expln ContractorCompExplnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Person | PROFFIT POMPEY PARTNERS INC | ContractorPersonNm |
| Explanation | PART VIII- Q3 STATEMENT ATTACHMENT.DURING THE YEAR ENDING 12/31/21, PURSUANT TO A WRITTEN CONTRACT,THE MARIO FAMILY FOUNDATION ("THE FOUNDATION") ENGAGED PROFFIT POMPEY & PARTNERS, INC ("P3") TO PERFORM CERTAIN FOUNDATION MANAGEMENT SERVICES AND OTHER SERVICES NECESSARY TO CARRYING OUT ITS EXEMPT PURPOSES.THE TOTAL AMOUNT PAID BY THE FOUNDATION TO P3 WAS $150,000. | ExplanationTxt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | BESSEMER TRUST MANAGED ACCOUNTS | StockNm |
| EOY Book Value | $24,423,168 | EOYBookValueAmt |
| EOYFMV | $39,081,503 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (3 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| 44,337 AVID (POST-DEAL RIGHTS) | AT COST | $116,706 | $0 |
| ADA AIM INVESTMENT | AT COST | $45,852 | $45,852 |
| HEARTWOOD FORESTLAND REIT | AT COST | $344,017 | $448,822 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $15,826 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $15,826 | DisbursementsCharitablePrpsAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | TO ADJ BOOKS TO COST FOR 2009-2010 PASSIVE LOSSES NOT DEDUCTED IN PAST | Desc |
| Amt | $671,277 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| INSURANCE | $2,264 | $0 | $2,264 |
| REG FEES | $780 | $0 | $780 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| MA COMMUNITY INVEST CREDIT REFUND | $1,250 | $1,250 | |
| K-1 ORD LOSS | -$144 | -$144 | -$144 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ADJ BOOKS FOR COST BASIS STOCK DONATED TO CHARITY AT FMV | Desc |
| Amt | $426,458 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| BESSEMER INVESTMENT FEES | $79,410 | $79,410 | $0 |
| REG FEES | $498 | $0 | $498 |
| PPP MANAGEMENT FEES | $150,000 | $75,000 | $75,000 |
| INVESTMENT EXPENSE | $8,670 | $8,670 | $0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FOREIGN TAX W/H ON INVESTMENT INCOME | $1,502 | $1,502 | $0 |
| STATE OF DE FRANCHISE FEE | $25 | $0 | $25 |
| FEDERAL INCOME TAX | $0 | $0 | $0 |