RM2 FOUNDATION: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- RM2 FOUNDATION (EIN 05-0494286)
- Tax period
- 2019-12-01 to 2020-11-30
- Filed
- 2021-02-12
- IRS object ID
- 202100439349100615
- Schema version
- 2019v5.2
- 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
- Depreciation Schedule
- Investments Corp Stock Schedule
- Investments Land Schedule2
- Investments Other Schedule2
- Other Decreases Schedule
- Other Expenses Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-02-12T11:37:02-06:00 | ReturnTs |
| Tax Period End | 2020-11-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 050373793 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | OCEAN STATE JOBBERS INC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 375 COMMERCE PARK ROAD | AddressLine1Txt |
| City | NORTH KINGSTOWN | CityNm |
| State Abbreviation | RI | StateAbbreviationCd |
| ZIP | 02852 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2019-12-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 050494286 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RM2 FOUNDATION | BusinessNameLine1Txt |
| Business Name Line2 | C/O MARC PERLMAN | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | RM2F | BusinessNameControlTxt |
| Phone | 4012952672 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 375 COMMERCE PARK ROAD | AddressLine1Txt |
| City | NORTH KINGSTOWN | CityNm |
| State Abbreviation | RI | StateAbbreviationCd |
| ZIP | 02852 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MARC PERLMAN | PersonNm |
| Person Title | TRUSTEE | PersonTitleTxt |
| Phone | 4012952672 | PhoneNum |
| Signature | 2021-02-12 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | OCEAN STATE JOBBERS INC | PreparerPersonNm |
| PTIN | P01507007 | PTIN |
| Phone | 4012952672 | PhoneNum |
| Preparation | 2021-02-12 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | 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 | $2,462,276 | 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 | $1,339,783 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $97 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $97 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $38,378 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $38,378 | DividendsNetInvstIncmAmt |
| Gross Rents Rev And Expnss | $170,970 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $170,970 | GrossRentsNetInvstIncmAmt |
| Net Rental Income Or Loss | $95,997 | NetRentalIncomeOrLossAmt |
| Net Gain Sale Ast Rev And Expnss | $867,908 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,785,860 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $867,908 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $2,417,136 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,077,353 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Interest Rev And Expnss | $13 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $13 | InterestNetInvstIncmAmt |
| Interest Dsbrs Chrtbl | $0 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $3,500 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $3,500 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $54,840 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $54,840 | DeprecAndDpltnNetInvstIncmAmt |
| Occupancy Rev And Expnss | $5,057 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $5,057 | OccupancyNetInvstIncmAmt |
| Occupancy Dsbrs Chrtbl | $0 | OccupancyDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $15,101 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $15,101 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $78,511 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $78,511 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,394,100 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,394,100 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,472,611 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $78,511 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,394,100 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $944,525 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $998,842 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $157,927 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $95,181 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $95,181 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $611,779 | CorporateStockBOYAmt |
| Corporate Stock EOY | $48,539 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $54,937 | CorporateStockEOYFMVAmt |
| Invst Land Cost Or Other Basis | $1,718,837 | InvstLandCostOrOtherBasisAmt |
| Invst Land Accum Depreciation | $442,233 | InvstLandAccumDepreciationAmt |
| Land Bldg Investments BOY | $1,331,444 | LandBldgInvestmentsBOYAmt |
| Land Bldg Investments EOY | $1,276,604 | LandBldgInvestmentsEOYAmt |
| Land Bldg Investments EOYFMV | $1,276,604 | LandBldgInvestmentsEOYFMVAmt |
| Other Investments BOY | $0 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $1,035,554 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $1,035,554 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $2,101,150 | TotalAssetsBOYAmt |
| Total Assets EOY | $2,455,878 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $2,462,276 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $2,057,171 | CapitalStockBOYAmt |
| Capital Stock EOY | $2,057,171 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | -$341,215 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | -$341,215 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $385,194 | RetainedEarningBOYAmt |
| Retained Earning EOY | $739,922 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $2,101,150 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $2,455,878 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $2,101,150 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $2,455,878 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $2,101,150 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $944,525 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $3,045,675 | SubtotalAmt |
| Other Decreases | $589,797 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $2,455,878 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (6 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|---|---|
| 469.595 SHS OF VANGUARD HEALTH CARE FUND ADM | 2018-12-18 | 2019-12-16 | $44,100 | $38,933 | $5,167 | $5,167 | |
| 3,563.793 SHS OF VANGUARD HEALTH CARE FUND ADM | 2019-12-16 | $334,676 | $295,463 | $39,213 | $39,213 | ||
| 5,284.150 SHS OF VANGUARD HEALTH CARE FUND ADM | 2019-12-16 | $496,234 | $233,570 | $262,664 | $262,664 | ||
| TD AMERITRADE - DETAILS AVAILABLE UPON REQUEST | $9,750 | $11,030 | -$1,280 | -$1,280 | |||
| TD AMERITRADE - DETAILS AVAILABLE UPON REQUEST | $897,202 | $338,956 | $558,246 | $558,246 | |||
| CAPITAL GAINS DIVIDENDS | $3,898 | $3,898 | $3,898 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $867,908 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $1,263,740 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $2,384,338 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.530017 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $850,169 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $2,177,487 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.390436 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $782,021 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $2,417,982 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.323419 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $2,004,825 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $2,638,194 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.759923 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $293,935 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $4,206,759 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.069872 | DistributionYr5Rt |
| Total Distribution | 2.073667 | TotalDistributionRt |
| Average Distribution | 0.414733 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $3,187,790 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $1,322,082 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $9,988 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $1,332,070 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $1,394,100 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | Yes (X) | DomesticOrgMeetingSect4940eInd |
| Investment Income Excise Tax | $9,988 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $9,988 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $9,988 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $2,005 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $18,000 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $20,005 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $10,017 | OverpaymentAmt |
| Applied To ES Tax | $10,017 | 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 | 0 | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | RI | 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 | MARC PERLMAN | IndividualWithBooksNm |
| Phone | 4012952672 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 180 SHADY COVE ROAD | AddressLine1Txt |
| City | NORTH KINGSTOWN | CityNm |
| State Abbreviation | RI | StateAbbreviationCd |
| ZIP | 02852 | 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 (2 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 |
|---|---|---|---|---|---|---|---|---|
| MARC PERLMAN | ||||||||
| 180 SHADY COVE ROAD | NORTH KINGSTOWN | RI | 02852 | TRUSTEE | 0.25 | $0 | $0 | $0 |
| CLAIRE PERLMAN | ||||||||
| 180 SHADY COVE ROAD | NORTH KINGSTOWN | RI | 02852 | TRUSTEE | 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 | $203,610 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $720,567 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $2,312,158 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $3,236,335 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $3,236,335 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $48,545 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $3,187,790 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $159,390 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $159,390 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $9,988 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $9,988 | TotalTaxAmt |
| Distributable Before Adj | $149,402 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $149,402 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $149,402 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,394,100 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $1,394,100 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $9,988 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $1,384,112 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $149,402 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $94,792 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $1,875,607 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $664,122 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $743,795 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $1,147,835 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $4,526,151 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,394,100 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $149,402 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $1,244,698 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $5,770,849 | 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 | $94,792 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $5,676,057 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $1,875,607 | ExcessFromYear4Amt |
| Excess From Year3 | $664,122 | ExcessFromYear3Amt |
| Excess From Year2 | $743,795 | ExcessFromYear2Amt |
| Excess From Year1 | $1,147,835 | ExcessFromYear1Amt |
| Excess From Current Year | $1,244,698 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | MARC PERLMAN | ContributingManagerNm |
| Contributing Manager | CLAIRE PERLMAN | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (9 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| BIRTHRIGHT ISRAEL FOUNDATION | |||||||
| 711 3RD AVENUE 10TH FLOOR | NEW YORK | NY | 10017 | NONE | PUBLIC CHARITY | GENERAL OPERATING SUPPORT | $24,000 |
| BOSTON MEDICAL CENTER | |||||||
| 801 MASSACHUSETTS AVENUE | BOSTON | MA | 02118 | NONE | PUBLIC CHARITY | GENERAL OPERATING SUPPORT | $10,000 |
| CERE | |||||||
| 50 STANIFORD STREET SUITE 600 | BOSTON | MA | 02144 | NONE | PUBLIC CHARITY | GENERAL OPERATING SUPPORT | $20,000 |
| FRIENDS OF THE ISRAEL DEFENSE FORCES - NEW ENGLAND REGION | |||||||
| 154 WELLS AVE | NEWTON | MA | 02459 | NONE | PUBLIC CHARITY | GENERAL OPERATING SUPPORT | $12,000 |
| FUND FOR URI & HILLEL | |||||||
| 6 FRATERNITY CIRCLE | KINGSTON | RI | 02881 | NONE | PUBLIC CHARITY | GENERAL OPERATING SUPPORT | $3,000 |
| JEWISH ALLIANCE OF GREATER RHODE ISLAND | |||||||
| 401 ELMGROVE AVENUE | PROVIDENCE | RI | 02906 | NONE | PUBLIC CHARITY | GENERAL OPERATING SUPPORT | $62,000 |
| OCEAN STATE JOB LOT CHARITABLE FOUNDATION | |||||||
| 375 COMMERCE PARK ROAD | NORTH KINGSTOWN | RI | 02852 | NONE | PUBLIC CHARITY | GENERAL OPERATING SUPPORT | $1,254,600 |
| OMNI-MED | |||||||
| 81 WYMAN ST 1 | WABAN | MA | 02468 | NONE | PUBLIC CHARITY | GENERAL OPERATING SUPPORT | $6,000 |
| RI FREE CLINIC | |||||||
| 655 BROAD ST | PROVIDENCE | RI | 02907 | NONE | PUBLIC CHARITY | GENERAL OPERATING SUPPORT | $2,500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,394,100 | 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 | $97 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $38,378 | ExclusionAmt |
Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 16 | ExclusionCd |
| Exclusion | $95,997 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $867,908 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $1,002,380 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,002,380 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (2 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Noncash ContributionNoncashContributionInd | Person ContributionPersonContributionInd |
|---|---|---|---|---|---|---|---|
| MARC PERLMAN - SECURITIES | |||||||
| 1 | 180 SHADY COVE ROAD | NORTH KINGSTOWN | RI | 02852 | $939,783 | Yes (X) | |
| MARC PERLMAN | |||||||
| 2 | 180 SHADY COVE ROAD | NORTH KINGSTOWN | RI | 02852 | $400,000 | Yes (X) | |
Non Cash Property Contribution NonCashPropertyContributionGrp (18 entries)
| ContributorContributorNum | Noncash PropertyNoncashPropertyDesc | Fair Market ValueFairMarketValueAmt | ReceivedReceivedDt |
|---|---|---|---|
| 1 | DONATED SECURITIES: 500 SHARES OF ABBVIE INC. STOCK | $44,560 | 2019-12-19 |
| 1 | DONATED SECURITIES: 2,900 SHARES OF ADVANCED MICRO DEVICES, INC. STOCK | $128,963 | 2019-12-19 |
| 1 | DONATED SECURITIES: 250 SHARES OF SERVICENOW, INC. STOCK | $69,305 | 2019-12-19 |
| 1 | DONATED SECURITIES: 2,148 SHARES OF ISHARES SELECT DIVIDEND ETF STOCK | $226,098 | 2019-12-19 |
| 1 | DONATED SECURITIES: 150 SHARES OF THE HOME DEPOT, INC. STOCK | $32,929 | 2019-12-19 |
| 1 | DONATED SECURITIES: 350 SHARES OF PEPSICO, INC. STOCK | $47,721 | 2019-12-19 |
| 1 | DONATED SECURITIES: 295 SHARES OF TENCENT HOLDINGS LIMITED STOCK | $14,069 | 2019-12-19 |
| 1 | DONATED SECURITIES: 250 SHARES OF CVS HEALTH CORPORATION STOCK | $18,491 | 2019-12-19 |
| 1 | DONATED SECURITIES: 250 SHARES OF JOHNSON & JOHNSON STOCK | $36,186 | 2019-12-19 |
| 1 | DONATED SECURITIES: 1,200 SHARES OF EXXON MOBIL CORPORATION STOCK | $83,574 | 2019-12-19 |
| 1 | DONATED SECURITIES: 550 SHARES OF ALCON INC. STOCK | $34,680 | 2020-02-18 |
| 1 | DONATED SECURITIES: 300 SHARES OF CONOCOPHILLIPS STOCK | $17,442 | 2020-02-18 |
| 1 | DONATED SECURITIES: 300 SHARES OF THE COCA-COLA COMPANY STOCK | $17,907 | 2020-02-18 |
| 1 | DONATED SECURITIES: 300 SHARES OF BILIBILI INC. STOCK | $8,452 | 2020-02-26 |
| 1 | DONATED SECURITIES: 1,055 SHARES OF ISHARES CORE MSCI EAFE ETF STOCK | $64,318 | 2020-02-26 |
| 1 | DONATED SECURITIES: 50 SHARES OF PEPSICO, INC. STOCK | $7,123 | 2020-02-26 |
| 1 | DONATED SECURITIES: 122 SHARES OF THE SOUTHERN COMPANY STOCK | $8,156 | 2020-02-26 |
| 1 | DONATED SECURITIES: 836 SHARES OF VANGUARD REAL ESTATE INDEX FUND ETF STOCK | $79,809 | 2020-02-26 |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (5 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Computation MethodComputationMethodTxt | Current Year ExpenseCurrentYearExpenseAmt | Net Investment IncomeNetInvestmentIncomeAmt | Prior Year DepreciationPriorYearDepreciationAmt | LifeLifeRt |
|---|---|---|---|---|---|---|---|
| LAND | 2014-07-01 | $92,684 | L | $0 | $0 | ||
| BUILDING | 2014-07-01 | $1,192,512 | SL | $30,577 | $30,577 | $165,626 | 39.000000000000 |
| LAND IMPROVEMENTS | 2014-07-01 | $325,231 | SL | $21,682 | $21,682 | $117,444 | 15.000000000000 |
| EQUIPMENT | 2014-07-01 | $90,342 | SL | $0 | $0 | $90,342 | 5.000000000000 |
| FURNITURE & FIXTURES | 2014-07-01 | $18,068 | SL | $2,581 | $2,581 | $13,981 | 7.000000000000 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | VANGUARD HEALTH CARE FUND ADMIRAL SHARES | StockNm |
| EOY Book Value | $48,539 | EOYBookValueAmt |
| EOYFMV | $54,937 | EOYFMVAmt |
Investments Land Schedule2 InvestmentsLandSchedule2
Investment Land InvestmentLandGrp (5 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt |
|---|---|---|---|
| LAND | $92,684 | $0 | $92,684 |
| BUILDING | $1,192,512 | $196,203 | $996,309 |
| LAND IMPROVEMENTS | $325,231 | $139,126 | $186,105 |
| EQUIPMENT | $90,342 | $90,342 | $0 |
| FURNITURE & FIXTURES | $18,068 | $16,562 | $1,506 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | GLOBAL FELLOWS NOTE | CategoryOrItemTxt |
| Listed At Cost Or FMV | AT COST | ListedAtCostOrFMVCd |
| Book Value | $1,035,554 | BookValueAmt |
| EOYFMV | $1,035,554 | EOYFMVAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DIFFERENCE IN COST BASIS OF DONATED STOCK | Desc |
| Amt | $589,797 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| BANK SERVICE CHARGES | $10 | $10 | $0 |
| INVESTMENT MANAGEMENT FEES | $15 | $15 | $0 |
| PROPERTY INSURANCE | $15,076 | $15,076 | $0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FEDERAL EXCISE TAX | CategoryTxt |
| Amt | $3,500 | Amt |
| Net Investment Income | $3,500 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |