LEO S WALSH FOUNDATION: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- LEO S WALSH FOUNDATION (EIN 20-1301554)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2020-05-01
- IRS object ID
- 202041229349100204
- 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
- All Oth Prog Rltd Investments Sch
- Depreciation Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-05-01T09:16:44-05:00 | ReturnTs |
| Tax Period End | 2019-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SLK ADVISORY GROUP INC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1981 MARCUS AVE-STE 227 | AddressLine1Txt |
| City | LAKE SUCCESS | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11042 | 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 | 201301554 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LEO S WALSH FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % JEFF REYNOLDS CPA | InCareOfNm |
| Business Name Control | LEOS | BusinessNameControlTxt |
| Phone | 5163528901 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 222 | AddressLine1Txt |
| City | WESTHAMPTON BEACH | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 119780222 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SANDRA WALSH | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 5163528901 | PhoneNum |
| Signature | 2020-04-17 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JEFF REYNOLDS CPA | PreparerPersonNm |
| PTIN | P01473337 | PTIN |
| Phone | 5163528901 | PhoneNum |
| Preparation | 2020-04-17 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 108.6.132.193 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Federal Original Submission Id | 12864720201225000000 | FederalOriginalSubmissionId |
| Federal Original Submission Id | 2020-05-01 | FederalOriginalSubmissionIdDt |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 77CBB2ABCA0A8FD91ADC11D5F74158556D4804DE | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 5653FDAED7B92441ED5C9CFDDE61C219620EECE7 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | TaxYr |
| Build TS | 2022-01-07 14:23:13Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $8,112,276 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $0 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $62 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $62 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $431,377 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $431,377 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $42,929 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,439,745 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $42,929 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $13,100 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $13,100 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $487,468 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $487,468 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $60,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $60,000 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $18,600 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $9,300 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $9,300 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $4,590 | TaxesRevAndExpnssAmt |
| Taxes Dsbrs Chrtbl | $4,590 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $3,464 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $1,163 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $2,247 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $86,654 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $10,463 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $76,137 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $246,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $246,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $332,654 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $10,463 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $322,137 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $154,814 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $477,005 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $62,470 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $103,481 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $103,481 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $98,877 | CorporateStockBOYAmt |
| Corporate Stock EOY | $90,362 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $176,692 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $6,183,175 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $6,307,647 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $6,576,180 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $1,295,423 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $1,294,177 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $1,255,923 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $7,639,945 | TotalAssetsBOYAmt |
| Total Assets EOY | $7,795,667 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $8,112,276 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $5,414,463 | CapitalStockBOYAmt |
| Capital Stock EOY | $5,414,463 | CapitalStockEOYAmt |
| Retained Earning BOY | $2,225,482 | RetainedEarningBOYAmt |
| Retained Earning EOY | $2,381,204 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $7,639,945 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $7,795,667 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $7,639,945 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $7,795,667 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $7,639,945 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $154,814 | ExcessRevenueOverExpensesAmt |
| Other Increases | $908 | OtherIncreasesAmt |
| Subtotal | $7,795,667 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $7,795,667 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (17 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | AcquiredAcquiredDt | SoldSoldDt | Cost Or Other BasisCostOrOtherBasisAmt |
|---|---|---|---|---|---|---|---|
| LONG TERM CAPITAL GAIN DISTRIBUTIONS | P | $16,926 | $16,926 | $16,926 | |||
| ENERGY TRANSFER LP - DISTRIBUTIONS | P | $469 | $469 | $469 | |||
| 200 SHS ANADARKO PETE | P | $14,517 | $3,316 | $3,316 | 2007-06-19 | 2019-08-09 | $11,201 |
| 3,000 SHS AGNC INVT CORP 6.875% FIXED FLOATING RATE | P | $76,036 | $1,036 | $1,036 | 2019-02-27 | 2019-06-21 | $75,000 |
| 9,000 SHS QVC INC 6.375% SR SECURED NOTES | P | $223,139 | -$1,861 | -$1,861 | 2018-09-06 | 2019-06-18 | $225,000 |
| 6,000 SHS AGNC INVESTMENT CORP DEP SHS | P | $150,000 | 2014-05-05 | 2019-11-26 | $150,000 | ||
| 4,000 SHS ANNALY CAPITAL MANAGEMENT INC 6.5% SRS G FXD | P | $98,370 | -$1,630 | -$1,630 | 2018-01-08 | 2019-06-20 | $100,000 |
| 3,700 SHS BANK OF AMERICA CORPORATION | P | $92,500 | 2014-09-02 | 2019-09-09 | $92,500 | ||
| 3,000 SHS CITIGROUP INC 6.875% DEP SHS | P | $75,000 | 2014-02-05 | 2019-02-12 | $75,000 | ||
| 1,200 SHS COLONY CAPITAL INC 7.125% SERIES J | P | $24,210 | -$5,790 | -$5,790 | 2017-09-13 | 2019-05-21 | $30,000 |
| 2,000 SHS DIGITAL REALTY TRUST INC 7.375% SER H | P | $50,816 | $816 | $816 | 2014-03-21 | 2019-03-08 | $50,000 |
| 1,500 SHS FIRST TRUST SENIOR FLOATING RATE | P | $12,977 | -$2,023 | -$2,023 | 2016-12-21 | 2019-06-18 | $15,000 |
| 1,083 SHS HERCULES CAPITAL INC 6.25% SR NOTES DUE 2024 | P | $27,075 | $184 | $184 | 2016-04-20 | 2019-01-14 | $26,891 |
| 282 SHS HERCULES CAPITAL INC 6.25% SR NOTES DUE 2024 | P | $7,047 | $45 | $45 | 2016-04-20 | 2019-01-23 | $7,002 |
| $325,000 US WEST COMMUNICATIONS INC SENIOR UNSECURED | P | $316,869 | -$12,954 | -$12,954 | 2017-05-19 | 2019-05-22 | $329,823 |
| $220,000 UNITED STATES CELLULAR CORP | P | $237,594 | $42,338 | $42,338 | 2016-01-29 | 2019-12-04 | $195,256 |
| $15,000 UNITED STATES CELLULAR CORP | P | $16,200 | $2,057 | $2,057 | 2016-06-16 | 2019-12-04 | $14,143 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $42,929 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $435,577 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $7,597,657 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.05733 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $423,622 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $7,819,493 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.054175 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $379,482 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $7,611,117 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.049859 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $371,932 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $7,603,645 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.048915 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $346,096 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $7,598,770 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.045546 | DistributionYr5Rt |
| Total Distribution | 0.255825 | TotalDistributionRt |
| Average Distribution | 0.051165 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $7,789,233 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $398,536 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $4,770 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $403,306 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $322,137 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $9,540 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $9,540 | SubtotalAmt |
| Tax Based On Investment Income | $9,540 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $8,714 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $10,826 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $19,540 | TotalPaymentsAndCreditsAmt |
| Overpayment | $10,000 | OverpaymentAmt |
| Applied To ES Tax | $10,000 | 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 | NY | 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 | NONE | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JEFF REYNOLDS CPA | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 5163528901 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O SLK-1981 MARCUS AVE-STE 227 | AddressLine1Txt |
| City | LAKE SUCCESS | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11042 | 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 (2 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 |
|---|---|---|---|---|---|---|---|---|
| SANDRA WALSH | ||||||||
| PO BOX 222 | WEST HAMPTON BEACH | NY | 119780222 | PRESIDENT/SECRETARY | 25.0 | $30,000 | $0 | $0 |
| DEVON WALSH | ||||||||
| 4726 42ND AVE S | SEATTLE | WA | 98118 | VICE PRESIDENT/TREASURER | 25.0 | $30,000 | $0 | $0 |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | NONE | Description1Txt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | NONE | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $6,552,908 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $132,855 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $1,222,088 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $7,907,851 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $7,907,851 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $118,618 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $7,789,233 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $389,462 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $389,462 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $9,540 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $9,540 | TotalTaxAmt |
| Distributable Before Adj | $379,922 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $379,922 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $379,922 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $322,137 | 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 | $322,137 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $322,137 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $379,922 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $130,954 | UndistributedIncomePYAmt |
| Prior Year1 | 2017 | PriorYear1Yr |
| Prior Year2 | 2016 | PriorYear2Yr |
| Prior Year3 | 2015 | PriorYear3Yr |
| Excess Distribution Cyov Yr1 | $0 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $322,137 | QualifyingDistributionsAmt |
| Applied To Year1 | $130,954 | AppliedToYear1Amt |
| Applied To Current Year | $191,183 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Undistributed Income CY | $188,739 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
| Excess From Current Year | $0 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | SANDRA WALSH | 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 | NAMES SEE ATTACHED SCHEDULE #1 | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ADDRESSES ON FILE IN OFFICE | AddressLine1Txt |
| Address Line2 | LEO S WALSH FOUNDATION-PO BOX 222 | AddressLine2Txt |
| City | WESTHAMPTON BEACH | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 119780222 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | RELATIONSHIP: NONE | RecipientRelationshipTxt |
| Recipient Foundation Status | PC | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | THE PURPOSE OF THE CASH CONTRIBUTIONS IS TO AID EACH DONEE ORGANIZATION IN CARRYING OUT ITS EXEMPT FUNCTION. | GrantOrContributionPurposeTxt |
| Amt | $246,000 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $246,000 | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $62 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $431,377 | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $13,100 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $42,929 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $487,468 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $487,468 | 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 & TAX PREP FEES | CategoryTxt |
| Amt | $18,600 | Amt |
| Net Investment Income | $9,300 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $9,300 | DisbursementsCharitablePrpsAmt |
All Oth Prog Rltd Investments Sch AllOthProgRltdInvestmentsSch
All Other Program Related Invst AllOtherProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | NONE | Desc |
Depreciation Schedule DepreciationSchedule
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | SEE SCHEDULE ATTACHED-BONDS | BondNm |
| EOY Book Value | $6,307,647 | EOYBookValueAmt |
| EOYFMV | $6,576,180 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (8 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 400 SHS ALTRIA GROUP INC | $7,409 | $19,964 |
| 200 SHS BANK OF AMERICA | $10,726 | $7,044 |
| 200 SHS CHEVRON CORP | $14,501 | $24,102 |
| 350 SHS JOHNSON & JOHNSON | $22,921 | $51,055 |
| 200 SHS JPMORGAN CHASE & CO | $9,695 | $27,880 |
| 58 SHS OCCIDENTAL PETROLEUM | $2,686 | $2,390 |
| 300 SHS PHILIP MORRIS INTL INC | $13,058 | $25,527 |
| 200 SHS VALERO ENERGY | $9,366 | $18,730 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (9 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| SEE SCH ATTACHED-MUTUAL FUNDS | AT COST | $1,194,407 | $1,202,380 |
| 252 SHS ABEREDEEN TOTAL DYNAMI | AT COST | $10,068 | $2,255 |
| 650 SHS ALLIANZ NFJ DIVID INT | AT COST | $12,032 | $8,450 |
| 766 SHS BLACKROCK DEBT STRAT | AT COST | $16,813 | $8,579 |
| 500 SHS BLACKROCK EN INT DIV T | AT COST | $7,291 | $2,945 |
| 850 SHS EATON VANCE LTD DUR FD | AT COST | $15,709 | $11,263 |
| 500 SHS EATON VANCE TAX MGD | AT COST | $6,054 | $4,390 |
| 1,900 SHS INVESCO VAN KAMPEN | AT COST | $16,776 | $8,151 |
| 1,000 SHS PIMCO HIGH INCOME FD | AT COST | $15,027 | $7,510 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (6 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| PAYROLL PROCESSING FEES | $1,797 | $1,797 | |
| POSTAGE EXPENSE | $106 | $106 | |
| FILING FEES | $250 | $250 | |
| BOND PREMIUM AMORTIZATION | $1,163 | $1,163 | |
| BANK CHARGES | $94 | $94 | |
| NON-DEDUCTIBLE EXP-ENERGY TRF | $54 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | THRU OAKTREE CAPITAL GROUP LLC - PTP | Desc |
| Revenue And Expenses Per Books | $13,100 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $13,100 | NetInvestmentIncomeAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | BOOK TO TAX TIMING INCOME DIFFERENCES | Desc |
| Amt | $908 | Amt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | PAYROLL TAXES | CategoryTxt |
| Amt | $4,590 | Amt |
| Disbursements Charitable Prps | $4,590 | DisbursementsCharitablePrpsAmt |