MARIO FAMILY FOUNDATION: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- MARIO FAMILY FOUNDATION (EIN 20-1400656)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2020-07-23
- IRS object ID
- 202012059349100301
- 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
- Schedule B
- Accounting Fees Schedule
- Contractor Compensation Expln
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-07-23T08:14:10-05:00 | ReturnTs |
| Tax Period End | 2019-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 210650289 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KLATZKIN & COMPANY LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1670 WHITEHORSE HAM SQ RD | AddressLine1Txt |
| City | HAMILTON | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 086903513 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2019-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 201400656 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE MARIO FAMILY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MARI | BusinessNameControlTxt |
| Phone | 9736356727 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 445 | AddressLine1Txt |
| City | CHATHAM | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07928 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CHRISTOPHER B MARIO | PersonNm |
| Person Title | DIRECTOR | PersonTitleTxt |
| Phone | 9736356727 | PhoneNum |
| Signature | 2020-07-23 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JEANMARIE F MOORE | PreparerPersonNm |
| PTIN | P00143367 | PTIN |
| Phone | 6098909189 | PhoneNum |
| 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 | $36,664,413 | 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 | $39,000 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $382,525 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $382,525 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $2,391,660 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $6,732,663 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $2,391,660 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $10,000 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $0 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $2,823,185 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $2,774,185 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $17,475 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $17,475 | CompOfcrDirTrstDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $37,689 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $37,689 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $12,300 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $6,150 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $6,150 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $164,635 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $113,080 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $51,555 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $107,175 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $1,457 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $25 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $1,510 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $1,510 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $340,784 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $122,197 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $112,894 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,125,500 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,125,500 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,466,284 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $122,197 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,238,394 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $1,356,901 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $2,651,988 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $5,195,939 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $3,032,070 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $3,032,070 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $18,234,546 | CorporateStockBOYAmt |
| Corporate Stock EOY | $21,862,181 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $32,939,757 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $1,582,114 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $1,475,249 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $692,586 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $25,012,599 | TotalAssetsBOYAmt |
| Total Assets EOY | $26,369,500 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $36,664,413 | 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 | $25,012,599 | RetainedEarningBOYAmt |
| Retained Earning EOY | $26,369,500 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $25,012,599 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $26,369,500 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $25,012,599 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $26,369,500 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $25,012,599 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $1,356,901 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $26,369,500 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $26,369,500 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (8 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES FROM BESSEMER X8G8864 | P | $1,168,720 | $1,189,989 | -$21,269 | -$21,269 |
| PUBLICLY TRADED SECURITIES FROM BESSEMER X8G8864 | P | $1,331,983 | $1,048,100 | $283,883 | $283,883 |
| PUBLICLY TRADED SECURITIES FROM BESSEMER 8H3246 | P | $3,267,349 | $2,005,213 | $1,262,136 | $1,262,136 |
| PV III CEO FUND, LP K-1 SHORT TERM | P | $7,370 | $7,370 | $7,370 | |
| PV III CEO FUND, LP K-1 LONG TERM | P | $10,792 | $10,792 | $10,792 | |
| WHITEBOX MULTISTRATEGY FUND | P | $302,144 | $97,701 | $204,443 | $204,443 |
| BESSEMER X8G8864 CASH LIQUIDATION DISTRIBUTIONS | P | $52 | $52 | $52 | |
| CAPITAL GAINS DIVIDENDS | P | $644,253 | $644,253 | $644,253 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $2,391,660 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $1,556,519 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $32,316,252 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.048165 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $1,928,426 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $31,297,822 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.061615 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $1,449,963 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $28,301,545 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.051233 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $1,637,892 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $28,839,098 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.056794 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $1,475,086 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $29,288,987 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.050363 | DistributionYr5Rt |
| Total Distribution | 0.268170 | TotalDistributionRt |
| Average Distribution | 0.053634 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $33,759,660 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $1,810,666 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $26,520 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $1,837,186 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $1,238,394 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $53,040 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $53,040 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $53,040 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $62,870 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $62,870 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $9,830 | OverpaymentAmt |
| Applied To ES Tax | $9,830 | 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 | Yes (1) | 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 | PROFFIT POMPEY PARTNERS INC | IndividualWithBooksNm |
| Phone | 9736356727 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 445 | AddressLine1Txt |
| City | CHATHAM | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07928 | 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 | Yes (1) | 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 (8 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 |
|---|---|---|---|---|---|---|---|---|
| DR ERNEST MARIO | ||||||||
| 744 WINDSOR LANE | KEY WEST | FL | 33040 | DIRECTOR | 2.50 | $0 | $0 | $0 |
| MILDRED M MARIO | ||||||||
| 744 WINDSOR LANE | KEY WEST | FL | 33040 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| CHRISTOPHER B MARIO | ||||||||
| 5366 27TH STREET NW | WASHINGTON | DC | 20015 | DIRECTOR | 2.00 | $0 | $0 | $0 |
| GREGORY G MARIO | ||||||||
| 1500 OCEAN DRIVE PH05 | MIAMI BEACH | FL | 33139 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| JEREMY K MARIO | ||||||||
| 246 ROSEMONT DR | DURHAM | NC | 27713 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| SAMANTHA VENTIMIGLIA | ||||||||
| 6212 HIGHLAND DRIVE | CHEVY CHASE | MD | 20815 | DIRECTOR | 1.00 | $2,500 | $0 | $0 |
| JEFFREY SPRITZER | ||||||||
| 380 RIDGEWOOD AVENUE | GLEN RIDGE | NJ | 07028 | DIRECTOR | 2.00 | $5,000 | $0 | $0 |
| MARYLOU ROWE | ||||||||
| 83 GREENWOOD AVENUE | MADISON | NJ | 07940 | EXECUTIVE DIRECTOR | 3.00 | $9,975 | $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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | PROFFIT POMPEY PARTNERS INC | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 445 20 FAIRMOUNT AVE | AddressLine1Txt |
| City | CHATHAM | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07928 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | MANAGEMENT SERVICES | ServiceTypeTxt |
| Compensation | $102,167 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
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 | $31,735,053 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $2,538,713 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $34,273,766 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $34,273,766 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $514,106 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $33,759,660 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,687,983 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,687,983 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $53,040 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $53,040 | TotalTaxAmt |
| Distributable Before Adj | $1,634,943 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $1,634,943 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $1,634,943 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,238,394 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $1,238,394 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $1,238,394 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,634,943 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $36,320 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $244,347 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $36,138 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $401,113 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $2,799 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $720,717 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,238,394 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $1,238,394 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $396,549 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $396,549 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $324,168 | 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 | $324,168 | ExcessDistriCyovToNextYrAmt |
| Excess From Year2 | $321,369 | ExcessFromYear2Amt |
| Excess From Year1 | $2,799 | ExcessFromYear1Amt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | DR ERNEST MARIO | ContributingManagerNm |
| Contributing Manager | MILDRED M MARIO | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (19 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| AMERICAN FOUNDATION FOR PHARMACEUTICAL EDUC | |||||||
| 2107 WILSON BLVD SUITE 700 | WASHINGTON | DC | 22201 | NONE | PUBLIC | OPERATING FUND | $50,000 |
| AMERICAN PHARMACISTS ASSOCIATION FOUNDATION | |||||||
| 2215 CONSTITUTION AVE NW | WASHINGTON | DC | 20037 | NONE | PUBLIC | REMINGTON ENDOWMENT FUND | $50,000 |
| CRISTO REY NETWORK | |||||||
| 14 E JACKSON BLVD SUITE 1200 | CHICAGO | IL | 60604 | NONE | PUBLIC | OPERATING FUND 4 YEAR CURRICULUM IMPLEMENTATION | $100,000 |
| DE LA SALLE ACADEMY | |||||||
| 332 W 43RD ST | NEW YORK | NY | 10036 | NONE | PUBLIC | OPERATING FUND | $25,000 |
| DUKE UNIVERSITY MEDICINE | |||||||
| PO BOX 90581 | DURHAM | NC | 27708 | NONE | PUBLIC | DEPARTMENT OF MEDICINE SCIENCE | $50,000 |
| HOUSING NANTUCKET | |||||||
| PO BOX 3149 | NANTUCKET | MA | 02584 | NONE | PUBLIC | OPERATING FUND | $2,500 |
| INSTITUTE FOR JUSTICE | |||||||
| 901 NORTH GLEBE ROAD SUITE 900 | ARLINGTON | VA | 22203 | NONE | PUBLIC | OPERATING FUND | $150,000 |
| LOYOLA ACADEMY | |||||||
| 1100 LARAMIE AVENUE | WILMETTE | IL | 60091 | NONE | PUBLIC | OPERATING FUND | $35,000 |
| OPEN TABLE MINISTRY | |||||||
| 215 N CHURCH STREET | DURHAM | NC | 27701 | NONE | PUBLIC | OPERATING FUNDOPERATING FUND | $35,000 |
| RUTGERS UNIVERSITY FOUNDATION | |||||||
| 7 COLLEGE AVE WINANTS HALL | NEW BRUNSWICK | NJ | 08901 | NONE | PUBLIC | OPERATING FUND COLAIZZI ATRIUM | $250,000 |
| SPECTRUM FOR LIVING | |||||||
| 210 RIVERVALE RD | RIVER VALE | NJ | 07675 | NONE | PUBLIC | OPERATING FUND | $10,000 |
| SSN 777 CLUB | |||||||
| 2512 SEVIER STREET | DURHAM | NC | 27705 | NONE | PUBLIC | OPERATING FUND | $5,000 |
| ST PATRICKS EPISCOPAL DAY SCHOOL | |||||||
| 4700 WHITEHAVEN PARKWAY NW | WASHINGTON | DC | 20007 | NONE | PUBLIC | OPERATING FUND | $95,500 |
| THE LAWRENCEVILLE SCHOOL | |||||||
| PO BOX 6125 | LAWRENCEVILLE | NJ | 08648 | NONE | PUBLIC | ABBOTT DINING HALL | $30,000 |
| TRINITY SCHOOL OF DURHAM & CHAPEL HILL | |||||||
| 4011 PICKETT ROAD | DURHAM | NC | 27705 | NONE | PUBLIC | TRINITY FUND | $100,000 |
| TRINITY SCHOOL OF DURHAM & CHAPEL HILL | |||||||
| 4011 PICKETT ROAD | DURHAM | NC | 27705 | NONE | PUBLIC | OPERATING FUND | $15,000 |
| US NAVAL ACADEMY FOUNDATION | |||||||
| 25 MARYLAND AVENUE | ANNAPOLIS | MD | 21401 | NONE | PUBLIC | OPERATING FUND | $75,000 |
| US NAVAL ACADEMY FOUNDATION | |||||||
| 25 MARYLAND AVENUE | ANNAPOLIS | MD | 21401 | NONE | PUBLIC | EXPERIENTIAL LEADERSHIP DEVELOPMENT PROGRAMS | $12,500 |
| ST PAUL'S EPISCOPAL CHURCH | |||||||
| 401 DUVAL ST | KEY WEST | FL | 33040 | NONE | PUBLIC | HISTORY RECTORY FUND | $35,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,125,500 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $382,525 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $2,391,660 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MA COMMUNITY INVESTMENT TAX CREDIT REFUND | Desc |
| Exclusion | 01 | ExclusionCd |
| Exclusion | $10,000 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $2,784,185 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $2,784,185 | 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 | 11A | LineNumberTxt |
| Relationship Statement | TAX CREDIT REFUND FROM MA RECEIVED FOR COMMUNITY INVESTMENT DONATION | 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 |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MILLICENT C MARIO 2011 CLAT | BusinessNameLine1Txt |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 445 | AddressLine1Txt |
| City | CHATHAM | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07928 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $39,000 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING/ TAX PREP FEES | CategoryTxt |
| Amt | $12,300 | Amt |
| Net Investment Income | $6,150 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $6,150 | DisbursementsCharitablePrpsAmt |
Contractor Compensation Expln ContractorCompensationExpln
Contractor Comp Expln ContractorCompExplnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Person | PROFFIT POMPEY PARTNERS INC | ContractorPersonNm |
| Explanation | PART VIII- Q3 STATEMENT ATTACHMENT.DURING THE YEAR ENDING 12/31/19, PURSUANT TO A WRITTEN CONTRACT,THE MARIO FAMILY FOUNDATION ("THE FOUNDATION") ENGAGED PROFFIT POMPEY & PARTNERS, INC ("3P") TO PERFORM CERTAIN FOUNDATION MANAGEMENT SERVICES AND OTHER SERVICES NECESSARY TO CARRYING OUT ITS EXEMPT PURPOSES.THE TOTAL AMOUNT PAID BY THE FOUNDATION TO 3P WAS $102,167. | ExplanationTxt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | BESSEMER TRUST MANAGED ACCOUNTS | StockNm |
| EOY Book Value | $21,862,181 | EOYBookValueAmt |
| EOYFMV | $32,939,757 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (4 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| PAPPAS FUND (PV III CEO FUND) | AT COST | $206,919 | $49,748 |
| 44,337 AVID (POST-DEAL RIGHTS) | AT COST | $116,706 | $0 |
| ADA AIM INVESTMENT | AT COST | $701,023 | $29,746 |
| HEARTWOOD FORESTLAND REIT | AT COST | $450,601 | $613,092 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $37,689 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $37,689 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| PASSTHROUGH PORTFOLIO DEDUCTIONS FROM K-1 | $1,482 | $1,482 | $0 |
| ADR & BANK FEES | $28 | $28 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MA COMMUNITY INVESTMENT TAX CREDIT REFUND | Desc |
| Revenue And Expenses Per Books | $10,000 | RevenueAndExpensesPerBooksAmt |
| Adjusted Net Income | $10,000 | AdjustedNetIncomeAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| BESSEMER INVESTMENT FEES | $61,996 | $61,996 | $0 |
| REG FEES | $472 | $0 | $472 |
| PPP MANAGEMENT FEES | $102,167 | $51,084 | $51,083 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FOREIGN TAX W/H ON INVESTMENT INCOME | $1,457 | $1,457 | $0 |
| STATE OF DE FRANCHISE FEE | $25 | $0 | $25 |
| FEDERAL INCOME TAX | $105,693 | $0 | $0 |