STRATEGY STUDIO / PUBLIC DATA EXPLORER

PETER ANDREW SUNSERI SCHOLARSHIP FUND: Form 990PF, tax year 2018

View the entire original 990 at ProPublica ↗

Organization
PETER ANDREW SUNSERI SCHOLARSHIP FUND (EIN 76-6029110)
Tax period
2018-01-01 to 2018-12-31
Filed
2019-05-17
IRS object ID
201901379349100315
Schema version
2018v3.1
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)
Return2019-05-17T12:59:16-07:00ReturnTs
Tax Period End2018-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN208806068PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1ISLAND FINANCIAL SOLUTIONS LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line16710 Stewart Rd Suite 300AddressLine1Txt
CityGalvestonCityNm
State AbbreviationTXStateAbbreviationCd
ZIP77551ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2018-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN766029110EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1PETER ANDREW SUNSERI SCHOLARSHIP FUNDBusinessNameLine1Txt
Business Name Line2ACCT G08651BusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlPETEBusinessNameControlTxt
Phone4097707158PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11700 POST OAK BLVDAddressLine1Txt
CityHOUSTONCityNm
State AbbreviationTXStateAbbreviationCd
ZIP77056ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonLINDSAY GLOVERPersonNm
Person TitleTrusteePersonTitleTxt
Signature2019-05-17SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonAmanda BunnPreparerPersonNm
PTINP01247644PTIN
Phone4097449783PhoneNum
FieldValueIRS element (for citing)
Tax2018TaxYr
Build TS2019-02-21 02:37:17ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Address ChangeYes (X)AddressChangeInd
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$0FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$1,455ContriRcvdRevAndExpnssAmt
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Dividends Rev And Expnss$4,353DividendsRevAndExpnssAmt
Dividends Net Invst Incm$4,353DividendsNetInvstIncmAmt
Dividends Adj Net Incm$4,353DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss$298NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$7,474GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$298CapGainNetIncmNetInvstIncmAmt
Net ST Capital Gain Adj Net Incm$257NetSTCapitalGainAdjNetIncmAmt
Total Rev And Expnss$6,106TotalRevAndExpnssAmt
Total Net Invst Incm$4,651TotalNetInvstIncmAmt
Total Adj Net Incm$4,610TotalAdjNetIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$2,101CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm$2,101CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Adj Net Incm$2,101CompOfcrDirTrstAdjNetIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl$1,051CompOfcrDirTrstDsbrsChrtblAmt
Accounting Fees Rev And Expnss$150AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$150AccountingFeesNetInvstIncmAmt
Accounting Fees Adj Net Incm$150AccountingFeesAdjNetIncmAmt
Accounting Fees Chrtbl Prps$75AccountingFeesChrtblPrpsAmt
Taxes Rev And Expnss$588TaxesRevAndExpnssAmt
Taxes Net Invst Incm$588TaxesNetInvstIncmAmt
Taxes Adj Net Incm$588TaxesAdjNetIncmAmt
Taxes Dsbrs Chrtbl$588TaxesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$2,839TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$2,839TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm$2,839TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$1,714TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$8,650ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$8,650ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$11,489TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$2,839TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm$2,839TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl$10,364TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$5,383ExcessRevenueOverExpensesAmt
Net Investment Income$1,812NetInvestmentIncomeAmt
Adjusted Net Income$1,771AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash EOY$212CashEOYAmt
Sav And Temp Cash Invst EOY$15,088SavAndTempCashInvstEOYAmt
US Government Obligations EOY$44,634USGovernmentObligationsEOYAmt
Corporate Stock BOY$202,796CorporateStockBOYAmt
Corporate Stock EOY$101,230CorporateStockEOYAmt
Corporate Bonds EOY$21,172CorporateBondsEOYAmt
Other Assets EOY$1OtherAssetsEOYAmt
Total Assets BOY$202,796TotalAssetsBOYAmt
Total Assets EOY$182,337TotalAssetsEOYAmt
Total Assets EOYFMV$0TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Retained Earning BOY$202,796RetainedEarningBOYAmt
Retained Earning EOY$182,337RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$202,796TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$182,337TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$202,796TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$182,337TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$202,796TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$5,383ExcessRevenueOverExpensesAmt
Subtotal$197,413SubtotalAmt
Other Decreases$15,076OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$182,337TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (6 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
177.2680 FROST FUND-STP2017-12-132018-01-24$1,759$1,782-$23-$23
103.285 FROST FUND-LTP2016-08-092018-07-25$1,063$1,087-$24-$24
58.586 FROST FUND-STP2017-12-132018-07-25$1,387$1,134$253$253
1.3920 FROST FUND-LTP2017-06-282018-07-25$472$407$65$65
209.488 FROST FUND-STP2017-12-132018-01-24$1,837$1,829$8$8
10.022 FROST FUND-STP2017-12-132018-07-25$956$937$19$19
FieldValueIRS element (for citing)
Capital Gain Net Income$298CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss$257NetShortTermCapitalGainLossAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$36InvestmentIncomeExciseTaxAmt
Subtotal$36SubtotalAmt
Tax Based On Investment Income$36TaxBasedOnInvestmentIncomeAmt
Tax Due$36TaxDueAmt

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
Form990 T FiledfalseForm990TFiledInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedfalseSection508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1LINDSAY GLOVERBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone4097707158PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line12201 MARKET STREETAddressLine1Txt
CityGALVESTONCityNm
State AbbreviationTXStateAbbreviationCd
ZIP77553ZIPCd
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
Acts Fail To Qlfy As ExceptionsfalseActsFailToQlfyAsExceptionsInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Undistr Incm Sect4942a2 Not AppfalseUndistrIncmSect4942a2NotAppInd
Business HoldingsfalseBusinessHoldingsInd
Excess Business HoldingsfalseExcessBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Transactions Fail To Qlfy As ExcfalseTransactionsFailToQlfyAsExcInd
Maintained Expenditure RspnsfalseMaintainedExpenditureRspnsInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Proceeds Or Net IncomefalseProceedsOrNetIncomeInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (7 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
ANDREA SUNSERI
PO Box 179GalvestonTX77553Director0.00$0
CAROLYN SUNSERI
PO Box 179GalvestonTX77553Director0.00$0
STEPHANIE SUNSERI
PO Box 179GalvestonTX77553Director0.00$0
CARROLL SUNSERI
PO Box 179GalvestonTX77553Director0.00$0
PETER MOORE
PO Box 179GalvestonTX77553Director0.00$0
HARRIS KEMPNER
PO Box 179GalvestonTX77553Director0.00$0
FROST NATIONAL BANK
PO Box 179GalvestonTX77553Trustee0.00$2,101
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$0AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$0TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$0AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$0CashDeemedCharitableAmt
Net Vl Noncharitable Assets$0NetVlNoncharitableAssetsAmt
Minimum Investment Return$0MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Tax Based On Investment Income$36TaxBasedOnInvestmentIncomeAmt
Total Tax$36TotalTaxAmt
Distributable Before Adj$36DistributableBeforeAdjAmt
Distributable Before Ded$36DistributableBeforeDedAmt
Distributable As Adjusted$0DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$10,364ExpensesAndContributionsAmt
Qualifying Distributions$10,364QualifyingDistributionsAmt
Adjusted Qualifying Distri$10,364AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$0DistributableAsAdjustedAmt
Qualifying Distributions$10,364QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Remaining Distri From Corpus$10,364RemainingDistriFromCorpusAmt
Total Corpus$10,364TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$10,364ExcessDistriCyovToNextYrAmt
Excess From Current Year$10,364ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonFROST BANKRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line11700 POST OAK BLVD SUITE 400AddressLine1Txt
CityHOUSTONCityNm
State AbbreviationTXStateAbbreviationCd
ZIP77056ZIPCd
FieldValueIRS element (for citing)
Form And Info And MaterialsN/AFormAndInfoAndMaterialsTxt
Restrictions On AwardsGRADUATES OF HIGH SCHOOLS IN GALVESTON COUNTY, TXRestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (14 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
M MORENO
N/AGALVESTONTX77551N/ACOLLEGE SCHOLARSHIPS FOR QUALIFIED RECIPIENTS$500
A SMITH
N/AGALVESTONTX77551N/ACOLLEGE SCHOLARSHIPS FOR QUALIFIED RECIPIENTS$500
CALEB LAMB
N/AGALVESTONTX77551N/ACOLLEGE SCHOLARSHIPS FOR QUALIFIED RECIPIENTS$650
R LARIOS
N/AGALVESTONTX77551N/ACOLLEGE SCHOLARSHIPS FOR QUALIFIED RECIPIENTS$650
D WHITEHURST
N/AGALVESTONTX77551N/ACOLLEGE SCHOLARSHIPS FOR QUALIFIED RECIPIENTS$650
LMIFFIN
N/AGALVESTONTX77551COLLEGE SCHOLARSHIPS FOR QUALIFIED RECIPIENTS$650
L MITCHELL
N/AGALVESTONTX77551N/ACOLLEGE SCHOLARSHIPS FOR QUALIFIED RECIPIENTS$650
S PINTO
N/AGALVESTONTX77551N/ACOLLEGE SCHOLARSHIPS FOR QUALIFIED RECIPIENTS$650
A WELDON
N/AGALVESTONTX77551N/ACOLLEGE SCHOLARSHIPS FOR QUALIFIED RECIPIENTS$650
ALEXA CONRAD
N/AGALVESTONTX77551N/ACOLLEGE SCHOLARSHIPS FOR QUALIFIED RECIPIENTS$650
E SIMS
N/AGALVESTONTX77551N/ACOLLEGE SCHOLARSHIPS FOR QUALIFIED RECIPIENTS$650
S WALKER
N/AGALVESTONTX77551N/ACOLLEGE SCHOLARSHIPS FOR QUALIFIED RECIPIENTS$650
YULISSA CHAVEZ
N/AGALVESTONTX77551N/ACOLLEGE SCHOLARSHIPS FOR QUALIFIED RECIPIENTS$500
R WILLIAMS
N/AGALVESTONTX77551N/ACOLLEGE SCHOLARSHIPS FOR QUALIFIED RECIPIENTS$650
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$8,650TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$4,353RelatedOrExemptFunctionIncmAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$298RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$4,651RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$4,651TotalIncomeProducingActyAmt

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

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryTAX PREPARATION FEECategoryTxt
Amt$150Amt
Net Investment Income$150NetInvestmentIncomeAmt
Adjusted Net Income$150AdjustedNetIncomeAmt
Disbursements Charitable Prps$75DisbursementsCharitablePrpsAmt

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

FieldValueIRS element (for citing)
DescUNREALIZED LOSSESDesc
Amt$15,076Amt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryTAXESCategoryTxt
Amt$588Amt
Net Investment Income$588NetInvestmentIncomeAmt
Adjusted Net Income$588AdjustedNetIncomeAmt
Disbursements Charitable Prps$588DisbursementsCharitablePrpsAmt