THE FORTIN FOUNDATION OF FLORIDA INC: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- THE FORTIN FOUNDATION OF FLORIDA INC (EIN 59-2707197)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2020-11-13
- IRS object ID
- 202013189349101596
- Schema version
- 2019v5.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Accounting Fees Schedule
- 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 Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-11-13T13:04:14-06:00 | ReturnTs |
| Tax Period End | 2019-12-31 | 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 | 2019-01-01 | 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 | FORT | 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 HICKOX MOORE | PersonNm |
| Person Title | VICE PRESIDENT | PersonTitleTxt |
| Phone | 5616881600 | PhoneNum |
| Signature | 2020-06-26 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | LORI B MYERS | PreparerPersonNm |
| PTIN | P00733234 | PTIN |
| Phone | 5616881600 | PhoneNum |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 68.77.139.8 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Federal Original Submission Id | 65898920203185000005 | FederalOriginalSubmissionId |
| Federal Original Submission Id | 2020-11-13 | FederalOriginalSubmissionIdDt |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 82886B44F4CA4ED2FEA5EB98F2B5D460C4CEBD14 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 5A00C040B3FE2043BD1504C7DA5894BAE92EA121 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | TaxYr |
| Build TS | 2021-04-22 16:20:28Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $63,098,373 | 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 |
| Dividends Rev And Expnss | $1,498,882 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $1,498,882 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $2,217,038 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $8,949,937 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $2,217,039 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $262,427 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $431,710 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $3,978,347 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $4,147,631 | 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 | $20,673 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $10,336 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $10,337 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $193,872 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $193,872 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $57,273 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $48,946 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $8,327 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $430 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $142 | DeprecAndDpltnNetInvstIncmAmt |
| Trav Conf Meeting Rev And Expnss | $165 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $165 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $25,308 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $8,245 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $16,947 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $892,721 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $559,041 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $333,276 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $2,508,227 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $2,508,227 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $3,400,948 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $559,041 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $2,841,503 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $577,399 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $3,588,590 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $806,356 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $2,360,825 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $2,360,825 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $20,167,169 | CorporateStockBOYAmt |
| Corporate Stock EOY | $21,975,408 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $54,594,074 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $99,570 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $99,570 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $130,559 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $7,759,896 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $5,714,405 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $6,078,751 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $4,288 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $3,775 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $943 | LandBOYAmt |
| Land EOY | $513 | LandEOYAmt |
| Land EOYFMV | $513 | LandEOYFMVAmt |
| Other Assets BOY | $494,682 | OtherAssetsBOYAmt |
| Other Assets EOY | -$66,349 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | -$66,349 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $29,328,616 | TotalAssetsBOYAmt |
| Total Assets EOY | $30,084,372 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $63,098,373 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $0 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $178,357 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $178,357 | 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 | $22,230,743 | RetainedEarningBOYAmt |
| Retained Earning EOY | $22,808,142 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $29,328,616 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $29,906,015 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $29,328,616 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $30,084,372 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $29,328,616 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $577,399 | ExcessRevenueOverExpensesAmt |
| Subtotal | $29,906,015 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $29,906,015 | 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 | 2019-12-31 | $6,740,655 | $6,732,898 | $7,757 | $7,757 |
| LITIGATION PROCEEDS | P | 2019-12-31 | $1,404 | $0 | $1,404 | $1,404 |
| PALOMA INT'L | P | 2019-12-31 | $2,197,495 | $2,197,495 | $2,197,495 | |
| CAPITAL GAIN DIVIDENDS | P | $10,383 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $2,217,039 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $2,341,217 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $59,633,024 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.03926 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $3,066,511 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $61,979,626 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.049476 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $2,736,716 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $54,710,422 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.050022 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $3,463,829 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $55,651,730 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.062241 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $3,162,687 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $58,509,357 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.054054 | DistributionYr5Rt |
| Total Distribution | 0.255053 | TotalDistributionRt |
| Average Distribution | 0.051011 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $59,403,996 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $3,030,257 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $35,886 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $3,066,143 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $2,841,503 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $71,772 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $71,772 | SubtotalAmt |
| Tax Based On Investment Income | $71,772 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $109,322 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $109,322 | TotalPaymentsAndCreditsAmt |
| Overpayment | $37,550 | OverpaymentAmt |
| Applied To ES Tax | $37,550 | 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 | $68,406 | 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 | $54,433,563 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $2,684,019 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $3,191,043 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $60,308,625 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $60,308,625 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $904,629 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $59,403,996 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $2,970,200 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $2,970,200 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $71,772 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $71,772 | TotalTaxAmt |
| Distributable Before Adj | $2,898,428 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $2,898,428 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $2,898,428 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $2,841,503 | 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 | $2,841,503 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $2,841,503 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $2,898,428 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Prior Year1 | 2017 | PriorYear1Yr |
| Prior Year2 | 2016 | PriorYear2Yr |
| Prior Year3 | 2015 | PriorYear3Yr |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr3 | $47,552 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $108,891 | ExcessDistributionCyovYr2Amt |
| Total Excess Distribution Cyov | $156,443 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $2,841,503 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Current Year | $2,841,503 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $56,925 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $56,925 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $99,518 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $99,518 | ExcessDistriCyovToNextYrAmt |
| Excess From Year2 | $99,518 | ExcessFromYear2Amt |
| 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 | $2,508,227 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $2,508,227 | 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 | $1,498,882 | 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 | $2,217,038 | 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 | $18,265 |
| NADG US SUPERMARKET ANCHORED FUND | 41 | $93,916 |
| NADG CORE PLUS ACQUISITION FUND | 41 | -$36,797 |
| NADG REAL ESTATE OPPORTUNITY FUND | 41 | $108,007 |
| PE PREMIER BLACKSTONE ENERGY PARTNERS II | 41 | -$26,082 |
| FUNDAMENTAL GLOBAL HOLDINGS, LP | 41 | $23,942 |
| NADG REAL ESTATE OPPTY FUND 2 | 41 | -$12,222 |
| SRP OPPTY FUND II | 41 | $92,025 |
| MISCELLANEOUS INCOME | 41 | $1,373 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $3,978,347 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $3,978,347 | 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 | $20,673 | Amt |
| Net Investment Income | $10,336 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $10,337 | 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 | $611 | M7 | 7 | $148 |
| PROJECTOR | 2015-07-10 | $768 | $635 | M5 | $88 | |
| PRINTER | 2015-07-10 | $721 | $596 | M5 | $83 | |
| EQUIPMENT | 2015-07-11 | $147 | $121 | M5 | $17 | |
| DESKTOP COMPUTER | 2016-12-14 | $684 | $450 | M5 | $94 |
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 | $130,559 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (6 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| COMMON STOCK US TRUST #551 | $8,643,918 | $36,896,326 |
| COMMON STOCK US TRUST #556 | $4,474,885 | $5,764,386 |
| COMMON STOCK UBS | $2,586,915 | $4,345,613 |
| COMMON STOCK MS #348 | $110,945 | $123,523 |
| COMMON STOCK MS #392 | $3,267,913 | $3,387,035 |
| COMMON STOCK NT #450 | $2,890,832 | $4,077,191 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (11 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| NADG SUPERMARKET ANCHORED FUND | AT COST | $537,607 | $537,606 |
| NADG CORE PLUS ACQUISITION FD | AT COST | $892,856 | $892,859 |
| NADG CORE PLUS SYNDICATION CST | AT COST | $60,000 | $60,000 |
| AIP OFFSHORE | AT COST | $0 | $122,329 |
| BLACKSTONE EP OFFSHORE | AT COST | $800,585 | $799,252 |
| FUNDAMENTAL GLOBAL OFFSHORE | AT COST | $163,945 | $163,945 |
| ROC SENIORS | AT COST | $840,943 | $1,079,448 |
| NADG REAL ESTATE OPPTY FD | AT COST | $1,222,273 | $1,222,273 |
| PALOMA INT. | AT COST | $0 | $0 |
| SRP OPPORTUNITY FUND II | AT COST | $1,056,444 | $1,061,287 |
| NADG REAL ESTATE OPPTY FD II | AT COST | $139,752 | $139,752 |
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 | $759 | $277 |
| PROJECTOR | $768 | $723 | $45 |
| PRINTER | $721 | $679 | $42 |
| EQUIPMENT | $147 | $138 | $9 |
| DESKTOP COMPUTER | $684 | $544 | $140 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (4 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| DIVIDEND & CAP GAIN RECEIVABLE | $465 | $737 | $737 |
| DUE FROM MAFF | $10,000 | $10,000 | $10,000 |
| ACCUMULATED DEPLETION | -$74,346 | -$77,086 | -$77,086 |
| PROCEEDS RECEIVABLE | $558,563 | $0 | $0 |
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 | $965 | $965 | |
| SABINE - DEPLETION | $2,740 | $2,740 | |
| ANNUAL REPORT | $123 | $61 | $62 |
| OFFICE SUPPLIES | $3,788 | $3,788 | |
| INSURANCE | $16,717 | $4,179 | $12,538 |
| MEALS | $231 | $115 | |
| AMEX MEMBERSHIP FEE | $144 | $144 | |
| 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 | $18,265 | $18,265 |
| NADG REAL ESTATE OPPTY FUND | $108,007 | $96,157 |
| NADG REAL ESTATE OPPTY FUND 2 | -$12,222 | -$8,263 |
| NADG US SUPERMARKET | $93,916 | $174,073 |
| NADG US CORE PLUS ACQUISITION FD | -$36,797 | $60,814 |
| PE Premier Blackstone Energy Partners II | -$26,082 | -$3,333 |
| Fundamental Global Holdings, LP | $23,942 | -$964 |
| SRP OPPTY FUND II | $92,025 | $93,588 |
| MISCELLANEOUS INCOME | $1,373 | $1,373 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DUE TO MARY ALICE FORTIN FOUNDATION | Desc |
| BOY Book Value | $0 | BOYBookValueAmt |
| EOY Book Value | $178,357 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (7 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| INVESTMENT FEES - US TRUST | $68,406 | $68,406 |
| INVESTMENT FEES - UBS | $40,200 | $40,200 |
| INVESTMENT FEES-MORGAN STANLEY | $24,932 | $24,932 |
| FINANCIAL CONSULTANT | $45,000 | $45,000 |
| INVESTMENT FEES - N. TRUST | $11,760 | $11,760 |
| ADR FEES - MORGAN STANLEY | $3,354 | $3,354 |
| ADR FEES - UBS | $220 | $220 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (5 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FOREIGN TAXES - UBS | $1,103 | $1,103 | |
| FOREIGN TAXES - US TRUST | $15,932 | $15,932 | |
| FOREIGN TAXES - MORGAN STANLEY | $21,322 | $21,322 | |
| PAYROLL TAXES | $16,654 | $8,327 | $8,327 |
| SEVERANCE TAX - SABINE | $2,262 | $2,262 |