STRATEGY STUDIO / PUBLIC DATA EXPLORER

FOUNDATION FOR IMPROVING HORIZONS: Form 990PF, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
FOUNDATION FOR IMPROVING HORIZONS (EIN 75-3227697)
Tax period
2019-01-01 to 2019-12-31
Filed
2020-08-11
IRS object ID
202042249349100404
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 ReturnHeader

FieldValueIRS element (for citing)
Return2020-08-11T08:49:22-05:00ReturnTs
Tax Period End2019-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Sullivan Bleakley & Co LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1910 Darby Road Suite 100AddressLine1Txt
CityHavertownCityNm
State AbbreviationPAStateAbbreviationCd
ZIP19083ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2019-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN753227697EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1FOUNDATION FOR IMPROVING HORIZONSBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% STEVEN G PRUSKYInCareOfNm
Business Name ControlFOUNBusinessNameControlTxt

US Address USAddress

FieldValueIRS element (for citing)
Address Line11314 KING STREETAddressLine1Txt
CityWILMINGTONCityNm
State AbbreviationDEStateAbbreviationCd
ZIP19801ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonSTEVEN G PRUSKYPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone6106423100PhoneNum
Signature2020-07-14SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonWilliam Spingler JRPreparerPersonNm
PTINP00748092PTIN
Phone6105658810PhoneNum
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$350,300FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$225,360ContriRcvdRevAndExpnssAmt
Dividends Rev And Expnss$2,472DividendsRevAndExpnssAmt
Dividends Net Invst Incm$2,472DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$20,157NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$20,157GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$20,157CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$247,989TotalRevAndExpnssAmt
Total Net Invst Incm$22,629TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$0CompOfcrDirTrstRevAndExpnssAmt
Accounting Fees Rev And Expnss$330AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$330AccountingFeesNetInvstIncmAmt
Accounting Fees Adj Net Incm$0AccountingFeesAdjNetIncmAmt
Accounting Fees Chrtbl Prps$0AccountingFeesChrtblPrpsAmt
Other Expenses Rev And Expnss$280OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$280OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$610TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$610TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm$0TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$15,830ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$15,830ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$16,440TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$610TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm$0TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl$15,830TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$231,549ExcessRevenueOverExpensesAmt
Net Investment Income$22,019NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Other Investments BOY$118,751OtherInvestmentsBOYAmt
Other Investments EOY$350,300OtherInvestmentsEOYAmt
Other Investments EOYFMV$350,300OtherInvestmentsEOYFMVAmt
Total Assets BOY$118,751TotalAssetsBOYAmt
Total Assets EOY$350,300TotalAssetsEOYAmt
Total Assets EOYFMV$350,300TotalAssetsEOYFMVAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$118,751RetainedEarningBOYAmt
Retained Earning EOY$350,300RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$118,751TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$350,300TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$118,751TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$350,300TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$118,751TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$231,549ExcessRevenueOverExpensesAmt
Subtotal$350,300SubtotalAmt
Tot Net Ast Or Fund Balances EOY$350,300TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

FieldValueIRS element (for citing)
Capital Gain Net Income$20,157CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$5,720AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$121,255NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.047173DistributionYr1Rt
Adjusted Qlfy Distri Yr2$6,189AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$122,676NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.05045DistributionYr2Rt
Adjusted Qlfy Distri Yr3$3,050AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$119,755NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.025469DistributionYr3Rt
Adjusted Qlfy Distri Yr4$2,500AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$123,287NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.020278DistributionYr4Rt
Adjusted Qlfy Distri Yr5$7,000AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$135,698NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.051585DistributionYr5Rt
Total Distribution0.194955TotalDistributionRt
Average Distribution0.038991AverageDistributionRt
Net Vl Noncharitable Assets$231,492NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$9,026AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$220NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$9,246AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$15,830QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eYes (X)DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax$220InvestmentIncomeExciseTaxAmt
Subtotal$220SubtotalAmt
Tax Based On Investment Income$220TaxBasedOnInvestmentIncomeAmt
Total Payments And Credits$0TotalPaymentsAndCreditsAmt
Tax Due$220TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedfalseSection508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Form990 PF Filed With Atty GenfalseForm990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1STEVEN G PRUSKYBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6106423100PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line125 E ATHENS AVENUEAddressLine1Txt
CityARDMORECityNm
State AbbreviationPAStateAbbreviationCd
ZIP190032229ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Undistr Incm Sect4942a2 Not AppfalseUndistrIncmSect4942a2NotAppInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Proceeds Or Net IncomefalseProceedsOrNetIncomeInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
STEVEN G PRUSKY
1314 KING STREETWILMINGTONDE19801PRESIDENT1.0$0$0$0
PAUL M PRUSKY
1314 KING STREETWILMINGTONDE19801SECRETARY/TREASURER0.1$0$0$0
SUSAN M PRUSKY
1314 KING STREETWILMINGTONDE19801DIRECTOR0.1$0$0$0
FieldValueIRS element (for citing)
Summary Of Direct Chrtbl ActySummaryOfDirectChrtblActyGrp
Sum Of Program Related InvstSumOfProgramRelatedInvstGrp

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$231,767AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$3,250AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$235,017TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$235,017AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$3,525CashDeemedCharitableAmt
Net Vl Noncharitable Assets$231,492NetVlNoncharitableAssetsAmt
Minimum Investment Return$11,575MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$11,575MinimumInvestmentReturnAmt
Tax Based On Investment Income$220TaxBasedOnInvestmentIncomeAmt
Total Tax$220TotalTaxAmt
Distributable Before Adj$11,355DistributableBeforeAdjAmt
Distributable Before Ded$11,355DistributableBeforeDedAmt
Distributable As Adjusted$11,355DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$15,830ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Charitable Assets Acquis Paid$0CharitableAssetsAcquisPaidAmt
Set Aside Suitability Test$0SetAsideSuitabilityTestAmt
Set Aside Cash Distri Test$0SetAsideCashDistriTestAmt
Qualifying Distributions$15,830QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$220PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$15,610AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$11,355DistributableAsAdjustedAmt
Undistributed Income PY$6,023UndistributedIncomePYAmt
Prior Year12017PriorYear1Yr
Prior Year22016PriorYear2Yr
Prior Year32015PriorYear3Yr
Excess Distribution Cyov Yr1$0ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$0TotalExcessDistributionCyovAmt
Qualifying Distributions$15,830QualifyingDistributionsAmt
Applied To Year1$6,023AppliedToYear1Amt
Applied To Current Year$9,807AppliedToCurrentYearAmt
Remaining Distri From Corpus$0RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus$0ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$0ExcessDistributionCyovAppCYAmt
Total Corpus$0TotalCorpusAmt
Undistributed Income CY$1,548UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$0ExcessDistriCyovToNextYrAmt
Excess From Current Year$0ExcessFromCurrentYearAmt
FieldValueIRS element (for citing)
Private Operating FoundationsPrivateOperatingFoundationsGrp

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESCUE TASK FORCEBusinessNameLine1Txt

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1864 NORTH 2ND STREETAddressLine1Txt
Address Line2340AddressLine2Txt
CityEL CAJONCityNm
State AbbreviationCAStateAbbreviationCd
ZIP92021ZIPCd
FieldValueIRS element (for citing)
Recipient Foundation StatusPCRecipientFoundationStatusTxt
Grant Or Contribution PurposeCHARITABLEGrantOrContributionPurposeTxt
Amt$15,830Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$15,830TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

FieldValueIRS element (for citing)
Fees Contracts From Govt AgFeesContractsFromGovtAgGrp
Membership Dues And AssmntMembershipDuesAndAssmntGrp
Int On Sav And Temp Cash InvstIntOnSavAndTempCashInvstGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$2,472ExclusionAmt
FieldValueIRS element (for citing)
Net Rntl Incm Re Debt Fincd PropNetRntlIncmReDebtFincdPropGrp
Net Rntl Incm Re Not Debt Fincd PropNetRntlIncmReNotDebtFincdProp
Net Rental Income Personal PropNetRentalIncomePersonalPropGrp
Other Investment Incm Part VIIOtherInvestmentIncmPartVIIGrp

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$20,157ExclusionAmt
FieldValueIRS element (for citing)
Net Income Loss From Special EvtNetIncomeLossFromSpecialEvtGrp
Gross Profit Loss Sls Of InvntryGrossProfitLossSlsOfInvntryGrp

Other Revenue Described OtherRevenueDescribedGrp

FieldValueIRS element (for citing)
DescTAX REFUNDDesc

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$22,629ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$22,629TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum
Contributor PersonSTEVEN G PRUSKYContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line125 E ATHENS AVENUEAddressLine1Txt
CityARDMORECityNm
State AbbreviationPAStateAbbreviationCd
ZIP19003ZIPCd
FieldValueIRS element (for citing)
Total Contributions$225,360TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

Depreciation Schedule DepreciationSchedule

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (2 entries)

Category Or ItemCategoryOrItemTxtBook ValueBookValueAmtEOYFMVEOYFMVAmt
MFI PARTNERS$347,382$347,382
INVESCO MONEY MARKET$2,918$2,918

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmt
REGISTRATION FEES$250$250
TAXES$30$30

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

FieldValueIRS element (for citing)
DescTAX REFUNDDesc