THE READING 1 FOUNDATION: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- THE READING 1 FOUNDATION (EIN 34-7129352)
- Tax period
- 2019-12-01 to 2020-11-30
- Filed
- 2021-02-01
- IRS object ID
- 202120329349101052
- Schema version
- 2019v5.1
- 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
- All Oth Prog Rltd Investments Sch
- Depreciation Schedule
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Increases Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-02-01T09:08:20-06:00 | ReturnTs |
| Tax Period End | 2020-11-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | VGK FINANCIAL SERVICES LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6700 BETA DRIVE SUITE 116 | AddressLine1Txt |
| City | CLEVELAND | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 44143 | 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 | 347129352 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE READING 1 FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % VICTOR G KMETICH | InCareOfNm |
| Business Name Control | READ | BusinessNameControlTxt |
| Phone | 2167893195 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 114 PARTRIDGE LANE | AddressLine1Txt |
| City | HUNTING VALLEY | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 44022 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JOHN B SCHULZE | PersonNm |
| Person Title | TRUSTEE | PersonTitleTxt |
| Phone | 2167893195 | PhoneNum |
| Signature | 2021-01-19 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | VICTOR G KMETICH | PreparerPersonNm |
| PTIN | P01217595 | PTIN |
| Phone | 4404429428 | PhoneNum |
| Self Employed | Yes (X) | SelfEmployedInd |
| 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 | $2,909,386 | 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 | $2,500 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $2,532 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $2,532 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $41,110 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $41,110 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$155,479 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,064,135 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | -$109,337 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $43,642 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Accounting Fees Rev And Expnss | $2,500 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $2,500 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $22,437 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $22,437 | OtherProfFeesNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $200 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $200 | OtherExpensesNetInvstIncmAmt |
| Tot Opr Expenses Rev And Expnss | $25,137 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $25,137 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $110,500 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $110,500 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $135,637 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $25,137 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $110,500 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$244,974 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $18,505 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $13,368 | CashBOYAmt |
| Cash EOY | $52,610 | CashEOYAmt |
| Cash EOYFMV | $52,610 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $57,441 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $274,976 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $274,976 | SavAndTempCashInvstEOYFMVAmt |
| Other Assets BOY | $2,863,714 | OtherAssetsBOYAmt |
| Other Assets EOY | $2,581,800 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $2,581,800 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $2,934,523 | TotalAssetsBOYAmt |
| Total Assets EOY | $2,909,386 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $2,909,386 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $2,934,523 | CapitalStockBOYAmt |
| Capital Stock EOY | $2,909,386 | CapitalStockEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $2,934,523 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $2,909,386 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $2,934,523 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $2,909,386 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $2,934,523 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$244,974 | ExcessRevenueOverExpensesAmt |
| Other Increases | $219,837 | OtherIncreasesAmt |
| Subtotal | $2,909,386 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $2,909,386 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (5 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|
| HARTFORD MIDCAP FD - 818 SH | 2018-11-05 | 2019-12-18 | $30,777 | $30,000 | $777 | $777 |
| CONSTELLATION BRANDS - 250 SH | 2017-11-20 | 2019-12-19 | $45,889 | $54,323 | -$8,434 | -$8,434 |
| HP - 1,200 SH | 2018-11-05 | 2019-12-19 | $24,336 | $29,448 | -$5,112 | -$5,112 |
| HUNTINGTON #0874 - SEE ATTACHED | 2020-11-30 | $92,519 | $110,061 | -$17,542 | -$17,542 | |
| HUNTINGTON #0874 - SEE ATTACHED | 2020-11-30 | $870,614 | $995,782 | -$125,168 | -$125,168 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$155,479 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $33,000 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $2,654,602 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.012431 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $79,500 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $2,563,380 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.031014 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $162,437 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $2,248,600 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.072239 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $124,137 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $2,078,369 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.059728 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $155,401 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $2,343,935 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.066299 | DistributionYr5Rt |
| Total Distribution | 0.241711 | TotalDistributionRt |
| Average Distribution | 0.048342 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $2,713,975 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $131,199 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $185 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $131,384 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $110,500 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Ruling Letter | 2001-01-31 | RulingLetterDt |
| Investment Income Excise Tax | $370 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $370 | SubtotalAmt |
| Tax Based On Investment Income | $370 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $3,592 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $3,592 | TotalPaymentsAndCreditsAmt |
| Overpayment | $3,222 | OverpaymentAmt |
| Applied To ES Tax | $3,222 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | OH | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | VICTOR G KMETICH | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 4404429428 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6700 BETA DR SUITE 116 | AddressLine1Txt |
| City | CLEVELAND | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 44143 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Undistr Incm Sect4942a2 Not App | false | UndistrIncmSect4942a2NotAppInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SALLY REDDIG SCHULZE | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 114 PARTRIDGE LANE | AddressLine1Txt |
| City | HUNTING VALLEY | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 44022 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | TRUSTEE | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 0 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $0 | CompensationAmt |
| Employee Benefit Program | $0 | EmployeeBenefitProgramAmt |
| Expense Account Other Allwnc | $0 | ExpenseAccountOtherAllwncAmt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | NONE | Description1Txt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | NONE | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $2,366,305 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $389,000 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $2,755,305 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $2,755,305 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $41,330 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $2,713,975 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $135,699 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $135,699 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $370 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $370 | TotalTaxAmt |
| Distributable Before Adj | $135,329 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $135,329 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $135,329 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $110,500 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $110,500 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $110,500 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $135,329 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Prior Year1 | 2017 | PriorYear1Yr |
| Prior Year2 | 2016 | PriorYear2Yr |
| Prior Year3 | 2015 | PriorYear3Yr |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $42,402 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $20,445 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $53,133 | ExcessDistributionCyovYr3Amt |
| Total Excess Distribution Cyov | $115,980 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $110,500 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Current Year | $110,500 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $24,829 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $24,829 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $91,151 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $17,573 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $73,578 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $20,445 | ExcessFromYear4Amt |
| Excess From Year3 | $53,133 | ExcessFromYear3Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | SALLY REDDIG SCHULZE | ContributingManagerNm |
| Contributing Manager | JOHN B SCHULZE | ContributingManagerNm |
| Shareholder Manager | NONE | ShareholderManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (20 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| CLEVELAND INSTITUTE OF ART | |||||||
| 11141 EAST BOULEVARD | CLEVELAND | OH | 44106 | NONE | PC | GENERAL TAX-EXEMPT PURPOSES | $38,000 |
| HEIGHTS YOUTH CLUB | |||||||
| 2065 LEE ROAD | CLEVELAND | OH | 44118 | NONE | PC | GENERAL TAX-EXEMPT PURPOSES | $0 |
| YOUNG AUDIENCES OF NORTHEAST OHIO | |||||||
| 13110 SHAKER SQUARE C203 | CLEVELAND | OH | 44120 | NONE | PC | GENERAL TAX-EXEMPT PURPOSES | $0 |
| UNIVERSITY SCHOOL | |||||||
| 2785 SOM CENTER ROAD | CHAGRIN FALLS | OH | 44022 | NONE | PC | GENERAL TAX-EXEMPT PURPOSES | $0 |
| THE WILLOWS COMMUNITY SCHOOL | |||||||
| 8509 HIGUERA STREET | CULVER CITY | CA | 90232 | NONE | PC | GENERAL TAX-EXEPMT PURPOSES | $0 |
| LAUREL SCHOOL | |||||||
| 1 LYMAN CIRCLE | SHAKER HEIGHTS | OH | 44122 | NONE | PC | GENERAL TAX-EXEMPT PURPOSES | $40,000 |
| HOPEWELL | |||||||
| 9637 STATE ROUTE 534 | MIDDLEFIELD | OH | 44062 | NONE | PC | GENERAL TAX-EXEMPT PURPOSES | $5,000 |
| ROSE CENTER FOR AGING WELL | |||||||
| 11890 FAIRHILL ROAD | CLEVELAND | OH | 44120 | NONE | PC | GENERAL TAX EXEMPT PURPOSES | $0 |
| NATURE CENTER AT SHAKER LAKES | |||||||
| 2600 SOUTH PARK BOULEVARD | CLEVELAND | OH | 44120 | NONE | PC | GENERAL TAX-EXEMPT PURPOSES | $7,500 |
| CLEVELAND MUSEUM OF ART | |||||||
| 11150 EAST BOULEVARD | CLEVELAND | OH | 44106 | NONE | PC | GENERAL TAX-EXEMPT PURPOSES | $0 |
| UNITED WAY OF CLEVELAND | |||||||
| 1331 EUCLID AVENUE | CLEVELAND | OH | 44115 | NONE | PC | GENERAL TAX-EXEMPT PURPOSES | $0 |
| CLEVELAND INSTITUTE OF MUSIC | |||||||
| 11021 EAST BOULEVARD | CLEVELAND | OH | 44106 | NONE | PC | GENERAL TAX-EXEMPT PURPOSES | $0 |
| NORTH UNION FARMERS MARKET | |||||||
| 13111 SHAKER SQUARE | CLEVELAND | OH | 44120 | NONE | PC | GENERAL TAX-EXEMPT PURPOSES | $0 |
| UNIVERSITY CIRCLE INC | |||||||
| 10831 MAGNOLIA DRIVE | CLEVELAND | OH | 44106 | NONE | PC | GENERAL TAX-EXEMPT PURPOSES | $0 |
| LUTHERAN METROPOLITAN MINISTRY | |||||||
| 4515 SUPERIOR AVENUE | CLEVELAND | OH | 44103 | NONE | PC | GENERAL TAX-EXEMPT PURPOSES | $10,000 |
| LAKE VIEW CEMETERY FDN | |||||||
| 12316 EUCLID AVENUE | CLEVELAND | OH | 44106 | NONE | PC | GENERAL TAX-EXEMPT PURPOSES | $0 |
| PLAYHOUSE SQUARE FOUNDATION | |||||||
| 1501 EUCLID AVENUE 200 | CLEVELAND | OH | 44115 | NONE | PC | GENERAL TAX-EXEMPT PURPOSES | $0 |
| ELON UNIVERSITY | |||||||
| 50 CAMPUS DRIVE | ELON | NC | 27244 | NONE | PC | GENERAL TAX-EXEMPT PURPOSES | $0 |
| SOUTHERN METHODIST UNIVERSITY | |||||||
| 6425 BOAZ LANE | DALLAS | TX | 75205 | NONE | PC | GENERAL TAX-EXEMPT PURPOSES | $5,000 |
| FRIENDS OF BREAKTHROUGH SCHOOLS | |||||||
| 3615 SUPERIOR AVENUE | CLEVELAND | OH | 44114 | NONE | PC | GENERAL TAX-EXEMPT PURPOSES | $5,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $110,500 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Program Service Rev Part VII ProgramServiceRevPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CONTRIBUTIONS | Desc |
| Exclusion | 13 | ExclusionCd |
| Exclusion | $2,500 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp | |
| Int On Sav And Temp Cash Invst | IntOnSavAndTempCashInvstGrp |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $43,642 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Incm Part VII | OtherInvestmentIncmPartVIIGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$155,479 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | -$109,337 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | -$109,337 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | VGK FINANCIAL SERVICES LLC | CategoryTxt |
| Amt | $2,500 | Amt |
| Net Investment Income | $2,500 | NetInvestmentIncomeAmt |
All Oth Prog Rltd Investments Sch AllOthProgRltdInvestmentsSch
All Other Program Related Invst AllOtherProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | NONE | Desc |
Depreciation Schedule DepreciationSchedule
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (3 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| EQUITIES | $2,569,107 | $2,438,984 | $2,438,984 |
| MUTUAL FUNDS - EQUITIES | $294,607 | $142,816 | $142,816 |
| OPTIONS |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| FEDERAL TAX PAYMENTS | $0 |
| DECREASE IN MARKET VALUE OF INVESTMENTS | $0 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OHIO FILING FEE | Desc |
| Revenue And Expenses Per Books | $200 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $200 | NetInvestmentIncomeAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | INCREASE IN MARKET VALUE OF INVESTMENTS | Desc |
| Amt | $219,837 | Amt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNCLEARED CHECKS | Desc |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | BANK/INVESTMENT FEES | CategoryTxt |
| Amt | $22,437 | Amt |
| Net Investment Income | $22,437 | NetInvestmentIncomeAmt |