THE FORTIN FOUNDATION OF FLORIDA INC: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- THE FORTIN FOUNDATION OF FLORIDA INC (EIN 59-2707197)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-11-10
- IRS object ID
- 202123149349101907
- 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
- Depreciation Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Land Etc Schedule2
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-11-10T12:45:56-06:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BDO USA LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1601 FORUM PLACE 9TH FLOOR | AddressLine1Txt |
| City | WEST PALM BEACH | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33401 | 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 | 592707197 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE FORTIN FOUNDATION OF FLORIDA INC | BusinessNameLine1Txt |
| Business Name Line2 | C/O LESLY SMITH | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % LESLY SMITH | InCareOfNm |
| Business Name Control | THEF | BusinessNameControlTxt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 201 CHILEAN AVE | AddressLine1Txt |
| City | PALM BEACH | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33480 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DANIELLE MOORE | PersonNm |
| Person Title | VICE PRESIDENT | PersonTitleTxt |
| Phone | 5616881600 | PhoneNum |
| Signature | 2021-05-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | DANIELLE | PersonFirstNm |
| Person Last | MOORE | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | LORI B MYERS | PreparerPersonNm |
| PTIN | P00733234 | PTIN |
| Phone | 5616881600 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| 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 | $64,632,054 | 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 | $0 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $218 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $218 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $1,355,190 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $1,355,190 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $2,014,735 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $7,581,039 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $2,014,735 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $100,129 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $100,132 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $3,470,272 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $3,470,275 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $595,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $297,500 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $297,500 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $12,250 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $6,125 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $6,125 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $208,604 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $208,604 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $53,482 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $42,366 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $8,251 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $317 | DeprecAndDpltnRevAndExpnssAmt |
| Other Expenses Rev And Expnss | $26,185 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $8,104 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $17,493 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $895,838 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $562,699 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $329,369 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $2,163,851 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $2,163,851 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $3,059,689 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $562,699 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $2,493,220 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $410,583 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $2,907,576 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $2,360,825 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $2,544,753 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $2,544,753 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $21,975,408 | CorporateStockBOYAmt |
| Corporate Stock EOY | $22,059,160 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $55,262,428 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $99,570 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $99,570 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $136,747 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $5,714,405 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $6,527,099 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $6,659,744 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $4,288 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $4,092 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $513 | LandBOYAmt |
| Land EOY | $196 | LandEOYAmt |
| Land EOYFMV | $196 | LandEOYFMVAmt |
| Other Assets BOY | -$66,349 | OtherAssetsBOYAmt |
| Other Assets EOY | $28,186 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $28,186 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $30,084,372 | TotalAssetsBOYAmt |
| Total Assets EOY | $31,258,964 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $64,632,054 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $178,357 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $945 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $178,357 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $945 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $7,087,344 | CapitalStockBOYAmt |
| Capital Stock EOY | $7,087,344 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $10,529 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $10,529 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $22,808,142 | RetainedEarningBOYAmt |
| Retained Earning EOY | $24,160,146 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $29,906,015 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $31,258,019 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $30,084,372 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $31,258,964 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $29,906,015 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $410,583 | ExcessRevenueOverExpensesAmt |
| Other Increases | $941,421 | OtherIncreasesAmt |
| Subtotal | $31,258,019 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $31,258,019 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (4 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES | P | 2020-12-31 | $7,572,506 | $5,566,304 | $2,006,202 | $2,006,202 |
| LITIGATION PROCEEDS | P | 2020-12-31 | $1,499 | $1,499 | $1,499 | |
| CAPITAL GAIN DIVIDENDS | P | $7,034 | ||||
| CAPITAL GAIN DIVIDENDS | P | $7,034 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $2,014,735 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $40,415 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $40,415 | SubtotalAmt |
| Tax Based On Investment Income | $40,415 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $137,550 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Total Payments And Credits | $137,550 | TotalPaymentsAndCreditsAmt |
| Overpayment | $97,135 | OverpaymentAmt |
| Applied To ES Tax | $97,135 | 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 | FL | 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 |
| Website Address | n/a | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LESLY SMITH | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 5618350103 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 201 CHILEAN AVE | AddressLine1Txt |
| City | PALM BEACH | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33480 | 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 |
| 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 (4 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 |
|---|---|---|---|---|---|---|---|---|
| SUSAN STOCKARD CHANNING | ||||||||
| PO BOX 3129 | PALM BEACH | FL | 33480 | DIRECTOR | 0 | $180,000 | $0 | $0 |
| LESLY STOCKARD SMITH | ||||||||
| 300 CHAPEL HILL RD | PALM BEACH | FL | 33480 | PRESIDENT | 0 | $210,000 | $0 | $0 |
| DANIELLE HICKOX MOORE | ||||||||
| 277 PENDLETON AVENUE | PALM BEACH | FL | 33480 | V. PRES/SECRETARY | 0 | $195,000 | $0 | $0 |
| CAROL MCCRACKEN | ||||||||
| 245 BARTON AVE | PALM BEACH | FL | 33480 | OFFICER | 0 | $10,000 | $0 | $0 |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | US TRUST | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 114 WEST 47TH ST | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10036 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | INVESTMENT MANAGEMNT | ServiceTypeTxt |
| Compensation | $70,957 | CompensationAmt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | THE FOUNDATION DOES NOT PERFORM CHARITABLE ACTIVITIES OTHER THAN DIRECT CONTRIBUTIONS TO QUALIFIED CHARITABLE ORGANIZATIONS. | Description1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $52,850,094 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $2,010,026 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $4,005,670 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $58,865,790 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $58,865,790 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $882,987 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $57,982,803 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $2,899,140 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $2,899,140 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $40,415 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $40,415 | TotalTaxAmt |
| Distributable Before Adj | $2,858,725 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $2,858,725 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $2,858,725 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $2,493,220 | 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 | $2,493,220 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $2,493,220 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $2,858,725 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Prior Year1 | 2018 | PriorYear1Yr |
| Prior Year2 | 2017 | PriorYear2Yr |
| Prior Year3 | 2016 | PriorYear3Yr |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr3 | $99,518 | ExcessDistributionCyovYr3Amt |
| Total Excess Distribution Cyov | $99,518 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $2,493,220 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Current Year | $2,493,220 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $99,518 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $99,518 | ExcessDistributionCyovAppCYAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $265,987 | UndistributedIncomeCYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | NA | ContributingManagerNm |
| Shareholder Manager | NA | ShareholderManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SEE SCHEDULE ATTACHED | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | SEE ATTACHED SCHEDULE | AddressLine1Txt |
| City | SEE ATTACHED | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33480 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | NONE | RecipientRelationshipTxt |
| Recipient Foundation Status | PC | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | GENERAL PURPOSE OF CHARITABLE FOUNDATION | GrantOrContributionPurposeTxt |
| Amt | $2,163,851 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $2,163,851 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| 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 | $1,355,408 | 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 | $2,014,735 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Other Revenue Described OtherRevenueDescribedGrp (9 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|
| SABINE - ROYALTY INCOME | 15 | $15,296 |
| NADG US SUPERMARKET ANCHORED FUND | 41 | $39,448 |
| NADG CORE PLUS ACQUISITION FUND | 41 | $9,781 |
| NADG REAL ESTATE OPPORTUNITY FUND | 41 | $206,166 |
| PE PREMIER BLACKSTONE ENERGY PARTNERS II | 41 | $6 |
| FUNDAMENTAL GLOBAL HOLDINGS, LP | 41 | $795 |
| NADG REAL ESTATE OPPTY FUND 2 | 41 | -$34,939 |
| SRP OPPTY FUND II | 41 | -$137,404 |
| MISCELLANEOUS INCOME | 41 | $980 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $3,470,272 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $3,470,272 | 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 | ACCOUNTING FEES | CategoryTxt |
| Amt | $12,250 | Amt |
| Net Investment Income | $6,125 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $6,125 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (6 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Prior Year DepreciationPriorYearDepreciationAmt | Computation MethodComputationMethodTxt | LifeLifeRt | Current Year ExpenseCurrentYearExpenseAmt |
|---|---|---|---|---|---|---|
| BRASS LAMPS | 2008-05-08 | $932 | $932 | M7 | 7 | |
| FILE CABINET | 2014-11-10 | $1,036 | $759 | M7 | 7 | $148 |
| PROJECTOR | 2015-07-10 | $768 | $723 | M5 | $44 | |
| PRINTER | 2015-07-10 | $721 | $679 | M5 | $42 | |
| EQUIPMENT | 2015-07-11 | $147 | $138 | M5 | $8 | |
| DESKTOP COMPUTER | 2016-12-14 | $684 | $544 | M5 | $75 |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | IBM CORP BOND - US TRUST | BondNm |
| EOY Book Value | $99,570 | EOYBookValueAmt |
| EOYFMV | $136,747 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (6 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| COMMON STOCK US TRUST #551 | $10,787,243 | $40,497,362 |
| COMMON STOCK US TRUST #556 | $5,001,313 | $6,750,115 |
| COMMON STOCK UBS | $0 | $6 |
| COMMON STOCK MS #348 | $79,776 | $90,265 |
| COMMON STOCK MS #392 | $3,079,662 | $3,450,669 |
| COMMON STOCK NT #450 | $3,111,166 | $4,474,011 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (10 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| NADG SUPERMARKET ANCHORED FUND | AT COST | $800,266 | $800,266 |
| NADG CORE PLUS ACQUISITION FD | AT COST | $1,389,495 | $1,389,495 |
| NADG CORE PLUS SYNDICATION CST | AT COST | $60,000 | $60,000 |
| AIP OFFSHORE | AT COST | $0 | $84,094 |
| BLACKSTONE EP OFFSHORE | AT COST | $891,092 | $626,381 |
| FUNDAMENTAL GLOBAL OFFSHORE | AT COST | $274,790 | $274,790 |
| ROC SENIORS | AT COST | $831,623 | $1,092,925 |
| NADG REAL ESTATE OPPTY FD | AT COST | $1,183,876 | $1,183,876 |
| SRP OPPORTUNITY FUND II | AT COST | $790,441 | $842,401 |
| NADG REAL ESTATE OPPTY FD II | AT COST | $305,516 | $305,516 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (6 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt |
|---|---|---|---|
| BRASS LAMPS | $932 | $932 | |
| FILE CABINET | $1,036 | $907 | $129 |
| PROJECTOR | $768 | $767 | $1 |
| PRINTER | $721 | $721 | |
| EQUIPMENT | $147 | $146 | $1 |
| DESKTOP COMPUTER | $684 | $619 | $65 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (4 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| DIVIDEND & CAP GAIN RECEIVABLE | $737 | $431 | $431 |
| DUE FROM MAFF | $10,000 | $10,000 | $10,000 |
| ACCUMULATED DEPLETION | -$77,086 | -$79,380 | -$79,380 |
| PREPAID FEDERAL 990-PF TAX | $0 | $97,135 | $97,135 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (8 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| SABINE - ADMIN EXPENSES | $1,133 | $1,133 | |
| SABINE - DEPLETION | $2,294 | $2,294 | |
| ANNUAL REPORT | $122 | $61 | $61 |
| OFFICE SUPPLIES | $3,459 | $3,459 | |
| INSURANCE | $17,261 | $4,316 | $12,945 |
| MEALS | $1,176 | $588 | |
| AMEX MEMBERSHIP FEE | $140 | $140 | |
| MISCELLANEOUS EXPENSES | $600 | $300 | $300 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (9 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| SABINE - ROYALTY INCOME | $15,296 | $15,296 |
| NADG REAL ESTATE OPPTY FUND | $206,166 | $206,166 |
| NADG REAL ESTATE OPPTY FUND 2 | -$34,939 | -$34,939 |
| NADG US SUPERMARKET | $39,448 | $39,451 |
| NADG US CORE PLUS ACQUISITION FD | $9,781 | $9,781 |
| PE Premier Blackstone Energy Partners II | $6 | $6 |
| Fundamental Global Holdings, LP | $795 | $795 |
| SRP OPPTY FUND II | -$137,404 | -$137,404 |
| MISCELLANEOUS INCOME | $980 | $980 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| PASS-THU ENTITY CONVERSION TO TAX BASIS | $903,921 |
| PRIOR YEAR ADJUSTMENTS | $37,500 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| DUE TO MARY ALICE FORTIN FOUND | $178,357 | $69 |
| AMEX PAYABLE | $0 | $876 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (7 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| INVESTMENT FEES - US TRUST | $71,602 | $71,602 |
| INVESTMENT FEES - UBS | $32,507 | $32,507 |
| INVESTMENT FEES-MORGAN STANLEY | $22,956 | $22,956 |
| FINANCIAL CONSULTANT | $45,000 | $45,000 |
| INVESTMENT FEES - N. TRUST | $30,062 | $30,062 |
| ADR FEES - MORGAN STANLEY | $5,757 | $5,757 |
| ADR FEES - US TRUST | $720 | $720 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (6 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FOREIGN TAXES - UBS | $375 | $375 | |
| FOREIGN TAXES - US TRUST | $10,493 | $10,493 | |
| FOREIGN TAXES - MORGAN STANLEY | $21,054 | $21,054 | |
| PAYROLL TAXES | $16,502 | $8,251 | $8,251 |
| SEVERANCE TAX - SABINE | $2,193 | $2,193 | |
| FEDERAL INCOME TAX | $2,865 |