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STANTON AND COLOMBO FAMILY FOUNDATION: Form 990PF, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
STANTON AND COLOMBO FAMILY FOUNDATION (EIN 27-3311232)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-07-21
IRS object ID
202532029349100318
Schema version
2024v5.2
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 ReturnHeader

FieldValueIRS element (for citing)
Return2025-07-21T14:05:35-05:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Foundation SourceBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line13333 New Hyde Park Rd Ste 406AddressLine1Txt
CityNew Hyde ParkCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11042ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN273311232EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1The Stanton and Colombo Family FoundationBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% Foundation SourceInCareOfNm
Business Name ControlSTANBusinessNameControlTxt
Phone8008391754PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1Foundation Source 501 Silverside RdAddressLine1Txt
CityWilmingtonCityNm
State AbbreviationDEStateAbbreviationCd
ZIP198091377ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJanice StantonPersonNm
Person TitleTrusteePersonTitleTxt
Phone8008391754PhoneNum
Signature2025-07-02SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJeffrey D HaskellPreparerPersonNm
PTINP01345770PTIN
Phone8008391754PhoneNum
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$1,153,648FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$75,000ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$162InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$162InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$29,823DividendsRevAndExpnssAmt
Dividends Net Invst Incm$29,823DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$33,202NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$101,460GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$33,202CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$138,187TotalRevAndExpnssAmt
Total Net Invst Incm$63,187TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$0CompOfcrDirTrstRevAndExpnssAmt
Other Prof Fees Rev And Expnss$1,488OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$1,488OtherProfFeesNetInvstIncmAmt
Other Expenses Rev And Expnss$6,605OtherExpensesRevAndExpnssAmt
Other Expenses Dsbrs Chrtbl$6,605OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$8,093TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$1,488TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$6,605TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$82,500ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$82,500ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$90,593TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$1,488TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$89,105TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$47,594ExcessRevenueOverExpensesAmt
Net Investment Income$61,699NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$90,553SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$146,540SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$146,540SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$821,939CorporateStockBOYAmt
Corporate Stock EOY$813,546CorporateStockEOYAmt
Corporate Stock EOYFMV$1,007,108CorporateStockEOYFMVAmt
Total Assets BOY$912,492TotalAssetsBOYAmt
Total Assets EOY$960,086TotalAssetsEOYAmt
Total Assets EOYFMV$1,153,648TotalAssetsEOYFMVAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$912,492RetainedEarningBOYAmt
Retained Earning EOY$960,086RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$912,492TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$960,086TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$912,492TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$960,086TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$912,492TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$47,594ExcessRevenueOverExpensesAmt
Subtotal$960,086SubtotalAmt
Tot Net Ast Or Fund Balances EOY$960,086TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
PropertyPublicly-traded SecuritiesPropertyDesc
Gross Sales Price$101,460GrossSalesPriceAmt
Cost Or Other Basis$68,258CostOrOtherBasisAmt
Gain Or Loss$33,202GainOrLossAmt
Gains Minus Excess Or Losses$33,202GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income$33,202CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$858InvestmentIncomeExciseTaxAmt
Subtotal$858SubtotalAmt
Tax Based On Investment Income$858TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$328EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce$0ExemptFrgnOrgTaxWthldAtSrceAmt
Extsn Request Income Tax Paid$600ExtsnRequestIncomeTaxPaidAmt
Total Payments And Credits$928TotalPaymentsAndCreditsAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$0EsPenaltyAmt
Overpayment$70OverpaymentAmt
Applied To ES Tax$70AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateNYOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1Foundation SourceBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8008391754PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1501 Silverside Road Suite 123AddressLine1Txt
CityWilmingtonCityNm
State AbbreviationDEStateAbbreviationCd
ZIP198091377ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
Adam Colombo
Foundation Source 501 Silverside RdWilmingtonDE198091377Trustee0.0$0$0$0
Amy Colombo
Foundation Source 501 Silverside RdWilmingtonDE198091377Trustee0.0$0$0$0
Francesca Colombo
Foundation Source 501 Silverside RdWilmingtonDE198091377Trustee0.0$0$0$0
Janice Stanton
Foundation Source 501 Silverside RdWilmingtonDE198091377Trustee1.0$0$0$0
FieldValueIRS element (for citing)
Summary Of Direct Chrtbl ActySummaryOfDirectChrtblActyGrp
Sum Of Program Related InvstSumOfProgramRelatedInvstGrp

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$1,024,227AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$92,328AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$1,116,555TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$1,116,555AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$16,748CashDeemedCharitableAmt
Net Vl Noncharitable Assets$1,099,807NetVlNoncharitableAssetsAmt
Minimum Investment Return$54,990MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$54,990MinimumInvestmentReturnAmt
Tax Based On Investment Income$858TaxBasedOnInvestmentIncomeAmt
Total Tax$858TotalTaxAmt
Distributable Before Adj$54,132DistributableBeforeAdjAmt
Distributable Before Ded$54,132DistributableBeforeDedAmt
Distributable As Adjusted$54,132DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$89,105ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Charitable Assets Acquis Paid$0CharitableAssetsAcquisPaidAmt
Set Aside Suitability Test$0SetAsideSuitabilityTestAmt
Set Aside Cash Distri Test$0SetAsideCashDistriTestAmt
Qualifying Distributions$89,105QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$54,132DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$28,581ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$40,450ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$21,983ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$40,010ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$53,002ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$184,026TotalExcessDistributionCyovAmt
Qualifying Distributions$89,105QualifyingDistributionsAmt
Applied To Current Year$54,132AppliedToCurrentYearAmt
Remaining Distri From Corpus$34,973RemainingDistriFromCorpusAmt
Total Corpus$218,999TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$28,581ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$190,418ExcessDistriCyovToNextYrAmt
Excess From Year4$40,450ExcessFromYear4Amt
Excess From Year3$21,983ExcessFromYear3Amt
Excess From Year2$40,010ExcessFromYear2Amt
Excess From Year1$53,002ExcessFromYear1Amt
Excess From Current Year$34,973ExcessFromCurrentYearAmt
FieldValueIRS element (for citing)
Private Operating FoundationsPrivateOperatingFoundationsGrp

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerJanice StantonContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (5 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
FACING HISTORY AND OURSELVES
150 BROADWAY STE 2100NEW YORKNY10038N/APCGeneral & Unrestricted$2,500
JOHNS HOPKINS UNIVERSITY
3400 N CHARLES STBALTIMOREMD21218N/APCTo support Dr. Peter Rowe FUND$7,500
SOLVE MECFS INITIATIVE INC
350 N GLENDALE AVE STE B 368GLENDALECA91206N/APCGeneral & Unrestricted$60,000
STANFORD UNIVERSITY - GSB
655 KNIGHT WAYSTANFORDCA94305N/APCGeneral & Unrestricted$10,000
TRUSTEES OF COLUMBIA UNIVERSITY
516 W 168TH ST FL 3NEW YORKNY10032N/APCto support the research of Dr. Stanley Chang$2,500
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$82,500TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

FieldValueIRS element (for citing)
Fees Contracts From Govt AgFeesContractsFromGovtAgGrp
Membership Dues And AssmntMembershipDuesAndAssmntGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$162ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$29,823ExclusionAmt
FieldValueIRS element (for citing)
Net Rntl Incm Re Debt Fincd PropNetRntlIncmReDebtFincdPropGrp
Net Rntl Incm Re Not Debt Fincd PropNetRntlIncmReNotDebtFincdProp
Net Rental Income Personal PropNetRentalIncomePersonalPropGrp
Other Investment IncomeOtherInvestmentIncomeGrp

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$33,202ExclusionAmt
FieldValueIRS element (for citing)
Net Income Loss From Special EvtNetIncomeLossFromSpecialEvtGrp
Gross Profit Loss Sls Of InvntryGrossProfitLossSlsOfInvntryGrp

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$63,187ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$63,187TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum
Contributor PersonStanton JaniceContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line135 Stratford RoadAddressLine1Txt
CityHarrisonCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10528ZIPCd
FieldValueIRS element (for citing)
Total Contributions$75,000TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

Depreciation Schedule DepreciationSchedule

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (7 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
ISHARES IBOXX $ INVESTMENT GRA$111,211$98,827
ISHARES JP MORGAN USD EM MKTS$84,180$69,451
VANGUARD DIVIDEND APPRECIATION$77,647$154,902
VANGUARD FTSE DEVELOPED MARKET$160,088$175,547
VANGUARD FTSE EMERGING MARKETS$146,678$145,993
VANGUARD SF REIT ETF$126,384$136,916
VANGUARD TOTAL STOCK MARKET ET$107,358$225,472

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
Administrative Fees$6,355$6,355
State or Local Filing Fees$250$250

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryInvestment Management ServicesCategoryTxt
Amt$1,488Amt
Net Investment Income$1,488NetInvestmentIncomeAmt