VANCE WALL FOUNDATION INC: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- VANCE WALL FOUNDATION INC (EIN 52-1739419)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-11-15
- IRS object ID
- 202113199349105186
- Schema version
- 2020v4.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Accounting Fees Schedule
- Expln Of Non Filing With AG Stmt
- General Explanation Attachment
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Assets Schedule
- Other Expenses Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-11-15T13:52:49-06:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 223146187 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MCCABE HEIDRICH & WONG PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4 GATEHALL DRIVE | AddressLine1Txt |
| City | PARSIPPANY | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 070544518 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2020-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 521739419 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | VANCE WALL FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | VANC | BusinessNameControlTxt |
| Phone | 9736051040 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | CO CAROL WALL 160 LLOYD ROAD | AddressLine1Txt |
| City | MONTCLAIR | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07042 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DOUGLAS WALL | PersonNm |
| Person Title | TRUSTEE | PersonTitleTxt |
| Phone | 9736051040 | PhoneNum |
| Signature | 2021-11-10 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | DOUGLAS | PersonFirstNm |
| Person Last | WALL | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JOHN D MARTINE | PreparerPersonNm |
| PTIN | P00177197 | PTIN |
| Phone | 9736051040 | PhoneNum |
| Preparation | 2021-11-10 | PreparationDt |
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 | 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 | $7,199,427 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
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 | $1,047 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $1,047 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $113,880 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $113,880 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $238,749 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,782,756 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $238,749 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $353,676 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $353,676 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $38,073 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $38,073 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $13,400 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $6,700 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $6,700 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $10,848 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $10,848 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $2,604 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $2,604 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $2,399 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $2,399 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $67,324 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $60,624 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $6,700 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $2,305,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $2,305,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $2,372,324 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $60,624 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $2,311,700 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$2,018,648 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $293,052 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $667,083 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $152,838 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $152,838 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $1,126,609 | CorporateStockBOYAmt |
| Corporate Stock EOY | $102,200 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $317,675 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $70,369 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $0 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $0 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $6,759,024 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $6,350,222 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $6,728,914 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $823 | OtherAssetsBOYAmt |
| Other Assets EOY | $0 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $0 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $8,623,908 | TotalAssetsBOYAmt |
| Total Assets EOY | $6,605,260 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $7,199,427 | 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 | $8,623,908 | RetainedEarningBOYAmt |
| Retained Earning EOY | $6,605,260 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $8,623,908 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $6,605,260 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $8,623,908 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $6,605,260 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $8,623,908 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$2,018,648 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $6,605,260 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $6,605,260 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (12 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | AcquiredAcquiredDt |
|---|---|---|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES (JPM H4003) | P | 2020-12-31 | $535,903 | $231,687 | $304,216 | $304,216 | |
| PUBLICLY TRADED SECURITIES (JPM A9003) | P | 2020-12-31 | $440,711 | $498,766 | -$58,055 | -$58,055 | |
| PUBLICLY TRADED SECURITIES (JPM A9003) | P | 2020-12-31 | $595,307 | $623,808 | -$28,501 | -$28,501 | |
| AESSF II PRIVATE INVESTORS OFFSHORE LP | P | 2020-12-31 | $4,430 | -$4,430 | -$4,430 | 2011-10-03 | |
| BLACKSTONE COMMERCIAL REAL ESTATE DEBT CLASS A (OFFSHORE) | P | 2020-12-31 | $132,496 | -$132,496 | -$132,496 | 2010-12-20 | |
| CD&R FUND IX PRIVATE INVESTORS OFFSHORE LP CLASS A | P | 2020-12-31 | $100,412 | $100,412 | $100,412 | ||
| BLACKSTONE GSO PRIVATE INVESTORS LP (OFFSHORE) | P | 2020-12-31 | $1,896 | $1,896 | $1,896 | ||
| LC ASIA PRIVATE INVESTORS LP (OFFSHORE) | P | 2020-12-31 | $74,655 | $74,655 | $74,655 | ||
| PEG SECONDARY PRIVATE EQUITY INVESTORS OFFSHORE SPECIAL II LP | P | 2020-12-31 | $26,744 | $26,744 | $26,744 | ||
| PEG SECONDARY PRIVATE EQUITY INVESTORS OFFSHORE SPECIAL LP | P | 2020-12-31 | $6,985 | $6,985 | $6,985 | ||
| PROVIDENCE TMT DEBT OPPORTUNITY FEEDER II LP OFFSHORE | P | 2020-12-31 | $52,820 | -$52,820 | -$52,820 | 2011-02-11 | |
| RIVERSTONE GLOBAL ENERGY AND POWER PRIVATE INVESTORS V LP (OFFSHORE) | P | 2020-12-31 | $143 | $143 | $143 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $238,749 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $4,073 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $4,073 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $4,073 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $10,035 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $4,000 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $14,035 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $9,962 | OverpaymentAmt |
| Applied To ES Tax | $9,962 | 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 | 0 | 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 | CAROL WALL | IndividualWithBooksNm |
| Phone | 9736051040 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 160 LLOYD ROAD | AddressLine1Txt |
| City | MONTCLAIR | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07042 | 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 | 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 (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 |
|---|---|---|---|---|---|---|---|---|
| CAROL V WALL | ||||||||
| 160 LLOYD ROAD | MONTCLAIR | NJ | 07042 | TRUSTEE | 20.00 | $0 | $0 | $0 |
| TERRY D WALL | ||||||||
| 160 LLOYD ROAD | MONTCLAIR | NJ | 07042 | TRUSTEE | 1.00 | $0 | $0 | $0 |
| DOUGLAS V WALL | ||||||||
| 1 LETTERMAN DRIVE SUITE C5-950 | SAN FRANCISCO | CA | 94129 | TRUSTEE | 10.00 | $38,073 | $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
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | VOLCANO CAPITAL MANAGEMENT LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 LETTERMAN DRIVE SUITE C5-950 | AddressLine1Txt |
| City | SAN FRANCISCO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94129 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | FINANCIAL CONSULTING | ServiceTypeTxt |
| Compensation | $42,303 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | NONE | Description1Txt |
| Expenses1 | $0 | Expenses1Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | NONE | Description1Txt |
| Expenses1 | $0 | Expenses1Amt |
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $641,911 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $628,213 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $6,616,106 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $7,886,230 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $7,886,230 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $118,293 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $7,767,937 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $388,397 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $388,397 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $4,073 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $4,073 | TotalTaxAmt |
| Distributable Before Adj | $384,324 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $384,324 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $384,324 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $2,311,700 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $2,311,700 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $2,311,700 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $384,324 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $3,691,841 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $3,461,413 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $4,709,888 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $4,854,649 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $1,570,320 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $18,288,111 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $2,311,700 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $384,324 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $1,927,376 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $20,215,487 | 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 | $3,691,841 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $16,523,646 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $3,461,413 | ExcessFromYear4Amt |
| Excess From Year3 | $4,709,888 | ExcessFromYear3Amt |
| Excess From Year2 | $4,854,649 | ExcessFromYear2Amt |
| Excess From Year1 | $1,570,320 | ExcessFromYear1Amt |
| Excess From Current Year | $1,927,376 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | CAROL V WALL | ContributingManagerNm |
| Contributing Manager | TERRY D WALL | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (13 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt | Address Line1RecipientForeignAddress/AddressLine1Txt | Address Line2RecipientForeignAddress/AddressLine2Txt | Province Or StateRecipientForeignAddress/ProvinceOrStateNm | CountryRecipientForeignAddress/CountryCd | Foreign PostalRecipientForeignAddress/ForeignPostalCd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CORPORATION OF THE FINE ARTS MUSEUMS | |||||||||||||
| 50 HAGIWARA TEA GARDEN DRIVE | SAN FRANCISCO | CA | 94118 | N/A | PUBLIC CHARITIES | UNRESTRICTED | $25,000 | ||||||
| THE CRAIG SCHOOL | |||||||||||||
| 10 TOWER HILL ROAD | MOUNTAIN LAKES | NJ | 07046 | N/A | PUBLIC CHARITIES | UNRESTRICTED | $20,000 | ||||||
| FAMILY HOUSE INC | |||||||||||||
| 540 MISSION BAY BLVD NORTH | SAN FRANCISCO | CA | 94158 | N/A | PUBLIC CHARITIES | UNRESTRICTED | $85,000 | ||||||
| THE FOOD BASKET INC | |||||||||||||
| 40 HOLOMUA STREET | HILO | HI | 96720 | N/A | PUBLIC CHARITIES | UNRESTRICTED | $2,500 | ||||||
| HUMAN NEEDS FOOD PANTRY INC | |||||||||||||
| 9 LABEL STREET | MONTCLAIR | NJ | 07042 | N/A | PUBLIC CHARITIES | UNRESTRICTED | $2,500 | ||||||
| MONTCLAIR ART MUSEUM | |||||||||||||
| 3 S MOUNTAIN AVENUE | MONTCLAIR | NJ | 07042 | N/A | PUBLIC CHARITIES | UNRESTRICTED | $570,000 | ||||||
| MONTCLAIR FILM FESTIVAL | |||||||||||||
| 41 WATCHUNG PLAZA 345 | MONTCLAIR | NJ | 07042 | N/A | PUBLIC CHARITIES | UNRESTRICTED | $25,000 | ||||||
| MUSEUM OF FINE ARTS BOSTON | |||||||||||||
| 465 HUNTINGTON AVENUE | BOSTON | MA | 02115 | N/A | PUBLIC CHARITIES | UNRESTRICTED | $250,000 | ||||||
| NATIONAL BREAST CANCER COALITION FUND | |||||||||||||
| 2001 L STREET NW SUITE 500 PMB | WASHINGTON | DC | 20036 | N/A | PUBLIC CHARITIES | UNRESTRICTED | $785,000 | 50111 | |||||
| TIPPING POINT COMMUNITY | |||||||||||||
| 220 MONTGOMERY STREET SUITE 850 | SAN FRANCISCO | CA | 94104 | N/A | PUBLIC CHARITIES | UNRESTRICTED | $500,000 | ||||||
| TUDOR HOUSE BROADWAY TRUST | |||||||||||||
| N/A | PUBLIC CHARITIES | UNRESTRICTED | $5,000 | UNIT 1A SHIRE BUSINESS PARK | WAINWRIGHT ROAD | WORCESTER | UK | WR4 9FA | |||||
| UCSF BENIOFF CHILDREN'S HOSPITAL FOUNDATION | |||||||||||||
| 2201 BROADWAY SUITE 600 | OAKLAND | CA | 94612 | N/A | PUBLIC CHARITIES | UNRESTRICTED | $20,000 | ||||||
| WEST HAWAII DANCE THEATRE | |||||||||||||
| 74-5626 ALAPA STREET | KAILUA KONA | HI | 96740 | N/A | PUBLIC CHARITIES | UNRESTRICTED | $15,000 | ||||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $2,305,000 | 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 | $1,047 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $113,880 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $238,749 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $353,676 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $353,676 | 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 | ACCOUNTING FEES | CategoryTxt |
| Amt | $13,400 | Amt |
| Net Investment Income | $6,700 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $6,700 | DisbursementsCharitablePrpsAmt |
Expln Of Non Filing With AG Stmt ExplnOfNonFilingWithAGStmt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | THIS ORGANIZATION IS EXEMPT FROM REGISTRATION REQUIREMENTS UNDER THE NEW JERSEY CRI ACT. PURSUANT TO THE CRI ACT, THE REGISTRATION REQUIREMENTS SHALL NOT APPLY TO ANY CHARITABLE ORGANIZATION OR ORGANIZATIONS ENGAGING IN A CHARITABLE FUND RAISING CAMPAIGN WHICH DO NOT RECEIVE GROSS CONTRIBUTIONS IN EXCESS OF $10,000 DURING A FISCAL YEAR (N.J.S.A. 45:17A-26(C)). THIS ORGANIZATION DID NOT RECEIVE ANY CONTRIBUTIONS IN 2020. | ExplanationTxt |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | FORM 990-PF, PART I, LINE 13 | FormAndLineReferenceDesc |
| Medium Explanation | VOLCANO CAPITAL MANAGEMENT LLC IS OWNED 90% BY DOUGLAS WALL, WHO IS ALSO A TRUSTEE OF THE FOUNDATION. VOLCANO CAPITAL MANAGEMENT LLC CHARGES 50 BPS ANNUALLY TO OVERSEE THE ENTIRE INVESTMENT PORTFOLIO. THE FOUNDATION PAID VOLCANO CAPITAL MANAGEMENT LLC $42,303 IN 2020 OF WHICH $38,073 WAS DEEMED ALLOCATED TO DOUGLAS WALL. | MediumExplanationTxt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | 2,500 SHS JP MORGAN CHASE & CO | StockNm |
| EOY Book Value | $102,200 | EOYBookValueAmt |
| EOYFMV | $317,675 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (17 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| COATUE OFFSHORE FUND LTD | FMV | $308,754 | $1,184,712 |
| EMERGING MARKET CURRENCY FUND (NWI EMERGING MARKET OFFSHORE) CLASS C | FMV | $510,000 | $561,454 |
| LAKEWOOD CAPITAL OFFSHORE FUND LTD | FMV | $510,000 | $564,896 |
| THIRD POINT OFFSHORE FUND LTD | FMV | $451,665 | $1,124,012 |
| BLACKSTONE GSO PRIVATE INVESTORS LP (OFFSHORE) | FMV | $415,745 | $25,541 |
| CD&R FUND IX PRIVATE INVESTORS OFFSHORE LP CLASS A | FMV | $337,913 | $442,876 |
| CERBERUS VI PRIVATE INVESTORS OFFSHORE LP | FMV | $676,856 | $802,542 |
| GIF IV PRIVATE INVESTORS OFFSHORE LP | FMV | $194,036 | $17,540 |
| GSO PRIVATE INVESTORS OFFSHORE II LP CLASS A | FMV | $375,703 | $94,081 |
| HPS MEZZANINE PRIVATE INVESTORS OFFSHORE II LP | FMV | $354,885 | $329,567 |
| LC ASIA PRIVATE INVESTORS LP (OFFSHORE) | FMV | $230,221 | $261,380 |
| PEG SECONDARY PRIVATE EQUITY INVESTORS OFFSHORE SPECIAL II LP | FMV | $193,085 | $186,675 |
| PEG SECONDARY PRIVATE EQUITY INVESTORS OFFSHORE SPECIAL LP | FMV | $0 | $134,170 |
| PROVIDENCE DEBT III PRIVATE INVESTORS OFFSHORE LP | FMV | $693,725 | $480,950 |
| RIVERSTONE GLOBAL ENERGY AND POWER PRIVATE INVESTORS V LP (OFFSHORE) | FMV | $541,364 | $134,211 |
| STARWOOD SOF IX PRIVATE INVESTORS OFFSHORE LP | FMV | $214,800 | $278,325 |
| STARWOOD SOF VIII PRIVATE INVESTORS TE LLC (ONSHORE) | FMV | $341,470 | $105,982 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DIVIDENDS RECEIVABLE | Desc |
| BOY Book Value | $823 | BOYBookValueAmt |
| EOY Book Value | $0 | EOYBookValueAmt |
| EOYFMV | $0 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| ADR FEES | $130 | $130 | $0 |
| FROM K-1 - SOF VIII PRIVATE INVESTORS (TE), LLC | $2,269 | $2,269 | $0 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| INVESTMENT MANAGEMENT FEES | $6,086 | $6,086 | $0 |
| INVESTMENT MANAGEMENT FEES | $4,230 | $4,230 | $0 |
| FILING FEES | $532 | $532 | $0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FOREIGN TAXES | $2,586 | $2,586 | $0 |
| FOREIGN TAXES | $18 | $18 | $0 |