PETRUCCI FAMILY FOUNDATION INC: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- PETRUCCI FAMILY FOUNDATION INC (EIN 20-1601999)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2025-08-14
- IRS object ID
- 202512269349100416
- Schema version
- 2023v6.0
- 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
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Substantial Contributors Sch
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-08-14T12:42:22-05:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 221732349 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WISS & COMPANY | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5 BARTLES CORNER ROAD | AddressLine1Txt |
| City | FLEMINGTON | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 08822 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 201601999 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PETRUCCI FAMILY FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | PETR | BusinessNameControlTxt |
| Phone | 9087306909 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 171 ROUTE 173 201 | AddressLine1Txt |
| City | ASBURY | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 08802 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JAMES G PETRUCCI | PersonNm |
| Person Title | OFFICER | PersonTitleTxt |
| Phone | 9087306909 | PhoneNum |
| Signature | 2025-08-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MICHAEL A PETRECCA | PreparerPersonNm |
| PTIN | P00606274 | PTIN |
| Phone | 9087827300 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $18,826,952 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $20,500 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $40,751 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $40,751 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $331,366 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $331,366 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$557,679 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $2,571,794 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $403 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $0 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | -$164,659 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $372,117 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Taxes Rev And Expnss | $31 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $15,623 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $15,654 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $0 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $764,794 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $764,794 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $780,448 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $0 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $764,794 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$945,107 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $372,117 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $1,226,718 | CashBOYAmt |
| Cash EOY | $988,536 | CashEOYAmt |
| Cash EOYFMV | $988,536 | CashEOYFMVAmt |
| Corporate Stock BOY | $10,793,615 | CorporateStockBOYAmt |
| Corporate Stock EOY | $10,292,200 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $10,292,200 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $6,543,547 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $7,522,549 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $7,522,549 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $18,615 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $18,615 | LandBldgEquipAccumDeprecAmt |
| Other Assets BOY | $23,667 | OtherAssetsBOYAmt |
| Other Assets EOY | $23,667 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $23,667 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $18,587,547 | TotalAssetsBOYAmt |
| Total Assets EOY | $18,826,952 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $18,826,952 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $18,587,547 | CapitalStockBOYAmt |
| Capital Stock EOY | $18,826,952 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $0 | RetainedEarningBOYAmt |
| Retained Earning EOY | $0 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $18,587,547 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $18,826,952 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $18,587,547 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $18,826,952 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $18,587,547 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$945,107 | ExcessRevenueOverExpensesAmt |
| Other Increases | $1,184,594 | OtherIncreasesAmt |
| Subtotal | $18,827,034 | SubtotalAmt |
| Other Decreases | $82 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $18,826,952 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | Gross Sales PriceGrossSalesPriceAmt |
|---|---|---|---|---|---|
| MANSA CAPITAL FUND I, LP | P | $11,827 | -$11,827 | -$11,827 | |
| PUBLICLY TRADED SECURITIES | P | $3,117,646 | -$545,852 | -$545,852 | $2,571,794 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$557,679 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $5,172 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $5,172 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $5,172 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $12,608 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $12,608 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $7,436 | OverpaymentAmt |
| Applied To ES Tax | $7,436 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | 0 | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | NJ | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | Yes (1) | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | WWW.PETRUCCIFAMILYFOUNDATION.COM | WebsiteAddressTxt |
| Individual With Books | JEANNE PETRUCCI | IndividualWithBooksNm |
| Phone | 9087306909 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 171 ROUTE 173 SUITE 201 | AddressLine1Txt |
| City | ASBURY | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 08802 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | Yes (1) | BusinessHoldingsInd |
| Excess Business Holdings | 0 | ExcessBusinessHoldingsInd |
| 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 (5 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 |
|---|---|---|---|---|---|---|---|---|
| JAMES G PETRUCCI | ||||||||
| 171 ROUTE 173 SUITE 201 | ASBURY | NJ | 08802 | TRUSTEE - P/T | 5.00 | $0 | $0 | $0 |
| JEANNE PETRUCCI | ||||||||
| 171 ROUTE 173 SUITE 201 | ASBURY | NJ | 08802 | TRUSTEE - P/T | 5.00 | $0 | $0 | $0 |
| EMILIA ROSE SOCHOVKA | ||||||||
| 171 ROUTE 173 SUITE 201 | ASBURY | NJ | 08802 | TRUSTEE - P/T | 5.00 | $0 | $0 | $0 |
| JOSEPH RONALD JAMES PETRUCCI | ||||||||
| 171 ROUTE 173 SUITE 201 | ASBURY | NJ | 08802 | TRUSTEE - P/T | 5.00 | $0 | $0 | $0 |
| MICHAEL PETRECCA | ||||||||
| 5 BARTLES CORNER ROAD | FLEMINGTON | NJ | 08822 | TRUSTEE - P/T | 1.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | PROVIDING ASSISTANCE TO PUBLIC CHARITIES IN CARRYING OUT THEIR EXEMPT PURPOSES. | Description1Txt |
| Expenses1 | $764,794 | Expenses1Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $9,450,639 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,346,875 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $1,883,640 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $12,681,154 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $12,681,154 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $190,217 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $12,490,937 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $624,547 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $624,547 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $5,172 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $5,172 | TotalTaxAmt |
| Distributable Before Adj | $619,375 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $619,375 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $619,375 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $764,794 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $764,794 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $619,375 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr3 | $588,290 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr1 | $445,189 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $1,033,479 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $764,794 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $619,375 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $145,419 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $1,178,898 | 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 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $1,178,898 | ExcessDistriCyovToNextYrAmt |
| Excess From Year3 | $588,290 | ExcessFromYear3Amt |
| Excess From Year1 | $445,189 | ExcessFromYear1Amt |
| Excess From Current Year | $145,419 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | JAMES G PETRUCCI | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (46 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| AFRICAN AMERICAN CHAMBER OF COMMERCE | |||||||
| 379 WEST STATE STREET | TRENTON | NJ | 08618 | NONE | PC | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. | $18,400 |
| ASSOCIATION OF BLACK PRINCETON ALUMNI | |||||||
| PRINCETON UNVERSITY | PRINCETON | NJ | 08544 | NONE | PC | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. | $10,000 |
| BAKER INDUSTRIES | |||||||
| 184 PENNSYLVANIA AVENUE | MALVERN | PA | 19355 | NONE | PC | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. | $5,000 |
| BANCROFT | |||||||
| 1255 CALDWELL ROAD | CHERRY HILL | NJ | 08034 | NONE | PC | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. | $7,500 |
| BRIGHT HOPE | |||||||
| 1034 HAMILTON STREET | ALLENTOWN | PA | 18101 | NONE | PC | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. | $10,000 |
| BROOKLYN MUSEUM | |||||||
| 200 EASTERN PARKWAY | BROOKLYN | NY | 11238 | NONE | PC | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. | $2,500 |
| CAMDEN SCHOOLS FOUNDATION | |||||||
| 401 MARKET STREET 142 | CAMDEN | NJ | 08102 | NONE | PC | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. | $6,000 |
| CAMELOT FOR CHILDREN | |||||||
| 2354 W EMMAUS AVE | ALLENTOWN | PA | 18103 | NONE | PC | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. | $5,000 |
| CARE NET | |||||||
| 44180 RIVERSIDE PARKWAY | LANDSDOWNE | PA | 20176 | NONE | PC | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. | $5,000 |
| CATHEDRAL OF ST JOHN THE BAPTIST | |||||||
| 381 GRAND ST | PATERSON | NJ | 07505 | NONE | PC | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. | $25,000 |
| CHAI LIFELINE | |||||||
| 151 W 30TH STREET | NEW YORK | NY | 10001 | NONE | PC | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. | $1,000 |
| COMMUNITY RESPONSE | |||||||
| 171 ROUTE 173 | ASBURY | NJ | 08802 | NONE | PC | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. | $2,160 |
| CONTRIBUTIONS UNDER 1000 | |||||||
| 171 ROUTE 173 | ASBURY | NJ | 08802 | NONE | PC | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. | $1,500 |
| CORE GIVING | |||||||
| 233 SOUTH WACKER DRIVE | CHICAGO | IL | 60606 | NONE | PC | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. | $25,000 |
| DELBARTON SCHOOL | |||||||
| 2300 MENDHAM ROAD | MORRISTOWN | NJ | 07960 | NONE | PC | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. | $311,945 |
| DIVERSITY IN DIETETICS | |||||||
| 120 S RIVERSIDE PLAZA SUITE 2160 | CHICAGO | IL | 60601 | NONE | PC | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. | $59,000 |
| EATWELL EXCHANGE | |||||||
| 20535 NW 2ND AVE SUITE 203 | MIAMI | FL | 33169 | NONE | PC | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. | $31,413 |
| HALO ARTS PROJECT | |||||||
| 1621 STANFORD LANE | SARASOTA | FL | 34231 | NONE | PC | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. | $10,000 |
| IRVINGTON HS | |||||||
| 1253 CLINTON AVE | IRVINGTON | NJ | 07111 | NONE | PC | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. | $9,482 |
| JDRF GREATER DELAWARE VALLEY | |||||||
| 555 CROTON RD 111 | KING OF PRUSSIA | PA | 19406 | NONE | PC | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. | $10,000 |
| JACKSONVILLE UNIVERSITY | |||||||
| 2800 UNIVERSITY BLVD NORTH | JACKSONVILLE | FL | 32211 | NONE | PC | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. | $1,000 |
| KUCIA COLLEGE ACCOUNTS | |||||||
| C/O MERRILL LYNCH 8890 LYRA DRIVE | COLUMBUS | OH | 43240 | NONE | PC | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. | $2,500 |
| LIFE CAMP | |||||||
| 53 MAPLE AVENUE | MORRISTOWN | NJ | 07960 | NONE | PC | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. | $1,000 |
| LINCOLN ELEMENTARY | |||||||
| 87 RICHELIEU TERRACE | NEWARK | NJ | 07106 | NONE | PC | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. | $1,000 |
| LUKE WILLIAM HAHN FOUNDATION | |||||||
| 629 GETZ ROAD | PEN ARGYL | PA | 18072 | NONE | PC | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. | $2,500 |
| MATHENY | |||||||
| 65 HIGHLAND AVE | PEAPACK | NJ | 07977 | NONE | PC | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. | $30,000 |
| MUSICAL DRAMATIC ARTS FOUNDATION | |||||||
| 1205 JOHNSON FERRY RD SUITE 136 | MARIETTA | GA | 30068 | NONE | PC | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. | $2,500 |
| NJ LACROSS FOUNDATION | |||||||
| 359 WOODLAN RD | MADISON | NJ | 07940 | NONE | PC | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. | $10,000 |
| NUB ABILITY | |||||||
| 221 E MAIN STREET | DU QUOIN | IL | 62832 | NONE | PC | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. | $1,500 |
| OUR KIDS READ | |||||||
| 14203 DOWNDALE CT | LAUREL | MD | 20707 | NONE | PC | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. | $7,500 |
| PATERSON DIOCESAN PASTORAL | |||||||
| 777 VALLEY ROAD | CLIFTON | NJ | 07013 | NONE | PC | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. | $1,000 |
| PEAPACK-GLADSTONE FIRE DEPARTMENT | |||||||
| 6 DEWEY AVE | PEAPACK | NJ | 07934 | NONE | PC | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. | $1,500 |
| PRINCETON UNIVERSITY | |||||||
| 22 CHAMBERS STREET | PRINCETON | NJ | 08542 | NONE | PC | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. | $5,000 |
| SECOND STREET YOUTH CENTER FOUNDATION | |||||||
| 200 PLAINFIELD AVENUE | PLAINFIELD | NJ | 07060 | NONE | PC | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. | $7,500 |
| SP COMMONWEALTH OF PA | |||||||
| 1800 ELMERTON AVENUE | HARRISBURG | PA | 17110 | NONE | PC | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. | $2,100 |
| ST ALOYSIUS ACADEMY | |||||||
| 401 S BRYN MAWR AVE | BRYN MAWR | PA | 19010 | NONE | PC | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. | $14,000 |
| TEACH PLUS | |||||||
| 27-43 WORMWOOD STREET TOWER POINT | BOSTON | MA | 02210 | NONE | PC | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. | $12,000 |
| THE ARTS COUNCIL OF PRINCETON | |||||||
| 102 WITHERSPOON ST | PRINCETON | NJ | 08542 | NONE | PC | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. | $2,500 |
| THE PECK SCHOOL | |||||||
| 247 SOUTH ST | MORRISTOWN | NJ | 07960 | NONE | PC | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. | $45,294 |
| THE WATERSHED | |||||||
| 31 TITUS MILL ROAD | PENNINGTON | NJ | 08534 | NONE | PC | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. | $5,000 |
| TRI-COUNTY SCHOLARSHIP FUND | |||||||
| 14 W MAIN STREET | MENDHAM | NJ | 07945 | NONE | PC | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. | $2,500 |
| TRUSTEES OF PRINCETON UNIVERSITY | |||||||
| 1 NASSAU HALL | PRINCETON | NJ | 08544 | NONE | PC | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. | $6,000 |
| UNIVERSITY OF AKRON FOUNDATION | |||||||
| 185 E MILL ST | AKRON | OH | 44325 | NONE | PC | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. | $2,500 |
| VILLA WALSH ACADEMY | |||||||
| 455 WESTERN AVE | MORRISTOWN | NJ | 07960 | NONE | PC | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. | $35,000 |
| WOODMERE ART MUSEUM | |||||||
| 9201 GERMANTOWN AVE | PHILADELPHIA | PA | 19118 | NONE | PC | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. | $5,000 |
| YOUNG CARIBBEAN PROFESSIONAL NETWORK | |||||||
| 1735 MARKET STREET | PHILADELPHIA | PA | 19103 | NONE | PC | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. | $2,500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $764,794 | 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 | $40,751 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $331,366 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$557,679 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | BOOK SALES | Desc |
| Exclusion | 05 | ExclusionCd |
| Exclusion | $403 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | -$185,159 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | -$185,159 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Line Number | 3 | LineNumberTxt |
| Relationship Statement | FUNDS RECEIVED FROM INVESTMENT IN SECURITIES ARE USED TO ENABLE THE FOUNDATION TO CONTINUE THEIR CHARITABLE EFFORTS. | RelationshipStatementTxt |
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 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | CORPORATE STOCK | StockNm |
| EOY Book Value | $10,292,200 | EOYBookValueAmt |
| EOYFMV | $10,292,200 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (5 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| LIMITED PARTNERSHIPS | FMV | $1,906,330 | $1,906,330 |
| ARTWORK COLLECTION | AT COST | $5,570,788 | $5,570,788 |
| RISING TIDE LOAN FUND | FMV | $12,500 | $12,500 |
| PARKER DRILL LOAN | FMV | $18,151 | $18,151 |
| BLANK AND LATINO INVESTMENT FUND | FMV | $14,780 | $14,780 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| PREPAID TAXES | $2,449 | $2,449 | $2,449 |
| DUE FROM RELATED PARTY | $21,218 | $21,218 | $21,218 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | NON-DEDUCTIBLE EXPENSES PER K-1S | Desc |
| Amt | $82 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| ADMINISTRATIVE FEES | $40,112 | $0 | $0 |
| K-1 OTHER INCOME | -$42,190 | $0 | $0 |
| INSURANCE | $7,102 | $0 | $0 |
| EVENTS/MARKETING/PROMOTION | $10,599 | $0 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | BOOK SALES | Desc |
| Revenue And Expenses Per Books | $403 | RevenueAndExpensesPerBooksAmt |
| Adjusted Net Income | $403 | AdjustedNetIncomeAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED GAIN ON SECURITIES | Desc |
| Amt | $1,184,594 | Amt |
Substantial Contributors Sch SubstantialContributorsSch
Substantial Contributor Detail SubstantialContributorDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JAMES G PETRUCCI | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 171 ROUTE 173 SUITE 201 | AddressLine1Txt |
| City | ASBURY | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 08802 | ZIPCd |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LICENSE AND FEES | CategoryTxt |
| Amt | $31 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |