LEO S WALSH FOUNDATION: Form 990PF, tax year 2018
View the entire original 990 at ProPublica ↗
- Organization
- LEO S WALSH FOUNDATION (EIN 20-1301554)
- Tax period
- 2018-01-01 to 2018-12-31
- Filed
- 2019-05-11
- IRS object ID
- 201911319349100701
- 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
- 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 | 2019-05-11T09:51:09-05:00 | ReturnTs |
| Tax Period End | 2018-12-31 | 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 | 2018-01-01 | 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 | 2019-05-06 | 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 | 2019-05-06 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 108.29.81.147 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Federal Original Submission Id | 12864720191315000000 | FederalOriginalSubmissionId |
| Federal Original Submission Id | 2019-05-11 | 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 | 2018 | TaxYr |
| Build TS | 2019-02-21 02:37:17Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $7,292,046 | 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 | $266 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $266 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $444,603 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $444,603 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$23,265 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $2,148,959 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $13,360 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $13,360 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $434,964 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $458,229 | 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 | $18,700 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $9,350 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $9,350 | AccountingFeesChrtblPrpsAmt |
| Interest Rev And Expnss | $4,498 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $4,498 | InterestNetInvstIncmAmt |
| Taxes Rev And Expnss | $4,728 | TaxesRevAndExpnssAmt |
| Taxes Dsbrs Chrtbl | $4,728 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $23,706 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $21,478 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $2,228 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $111,632 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $35,326 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $76,306 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $363,500 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $363,500 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $475,132 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $35,326 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $439,806 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$40,168 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $422,903 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $4,975 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $62,470 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $62,470 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $98,877 | CorporateStockBOYAmt |
| Corporate Stock EOY | $98,877 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $154,924 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $6,286,433 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $6,183,175 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $5,871,702 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $1,285,154 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $1,295,423 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $1,202,950 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $7,675,439 | TotalAssetsBOYAmt |
| Total Assets EOY | $7,639,945 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $7,292,046 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | $5,414,463 | CapitalStockBOYAmt |
| Capital Stock EOY | $5,414,463 | CapitalStockEOYAmt |
| Retained Earning BOY | $2,260,976 | RetainedEarningBOYAmt |
| Retained Earning EOY | $2,225,482 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $7,675,439 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $7,639,945 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $7,675,439 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $7,639,945 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $7,675,439 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$40,168 | ExcessRevenueOverExpensesAmt |
| Other Increases | $4,674 | OtherIncreasesAmt |
| Subtotal | $7,639,945 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $7,639,945 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (7 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| 10,711.947 SHS JANUS HNDRSN GLB UNCNSTRD BD | P | 2014-12-09 | 2018-05-30 | $95,866 | $104,287 | -$8,421 | -$8,421 |
| 150.213 SHS JANUS HNDRSN GLB UNCNSTRD BD | P | 2017-05-31 | 2018-05-30 | $1,344 | $1,440 | -$96 | -$96 |
| SEE SCHEDULE ATTACHED - RBC #305-11842 | P | 2017-10-25 | 2018-03-09 | $112,833 | $112,500 | $333 | $333 |
| SEE SCHEDULE ATTACHED - RBC #305-11842 | P | 2017-01-01 | 2018-12-31 | $1,921,084 | $1,953,997 | -$32,913 | -$32,913 |
| LONG TERM CAPITAL GAIN DISTRIBUTIONS | P | $15,871 | $15,871 | $15,871 | |||
| DISPOSITION OF KKR HOLDINGS LLC | P | $1,844 | $1,844 | $1,844 | |||
| ENERGY TRANSFER LP - DISTRIBUTIONS | P | 2018-11-19 | $117 | $117 | $117 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$23,265 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $423,622 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $7,819,493 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.054175 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $379,482 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $7,611,117 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.049859 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $371,932 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $7,603,645 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.048915 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $346,096 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $7,598,770 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.045546 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $363,592 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $7,429,381 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.04894 | DistributionYr5Rt |
| Total Distribution | 0.247435 | TotalDistributionRt |
| Average Distribution | 0.049487 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $7,597,657 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $375,985 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $4,229 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $380,214 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $439,806 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | Yes (X) | DomesticOrgMeetingSect4940eInd |
| Investment Income Excise Tax | $4,229 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $4,229 | SubtotalAmt |
| Tax Based On Investment Income | $4,229 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $12,943 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $12,943 | TotalPaymentsAndCreditsAmt |
| Overpayment | $8,714 | OverpaymentAmt |
| Applied To ES Tax | $8,714 | 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 | ||||||||
| 75 EAST END AVENUE-APT5H | NEW YORK | NY | 10028 | 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 | $6,370,495 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $105,124 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $1,237,738 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $7,713,357 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $7,713,357 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $115,700 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $7,597,657 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $379,883 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $379,883 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $4,229 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $4,229 | TotalTaxAmt |
| Distributable Before Adj | $375,654 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $375,654 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $375,654 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $439,806 | 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 | $439,806 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $4,229 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $435,577 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $375,654 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $195,106 | UndistributedIncomePYAmt |
| Prior Year1 | 2016 | PriorYear1Yr |
| Prior Year2 | 2015 | PriorYear2Yr |
| Prior Year3 | 2014 | PriorYear3Yr |
| Excess Distribution Cyov Yr1 | $0 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $439,806 | QualifyingDistributionsAmt |
| Applied To Year1 | $195,106 | AppliedToYear1Amt |
| Applied To Current Year | $244,700 | 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 | $130,954 | 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 | $363,500 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $363,500 | 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 | $266 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $444,603 | 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 | $13,360 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$23,265 | 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 | $434,964 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $434,964 | 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 | $18,700 | Amt |
| Net Investment Income | $9,350 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $9,350 | 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 | BondNm |
| EOY Book Value | $6,183,175 | EOYBookValueAmt |
| EOYFMV | $5,871,702 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (8 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 400 SHS ALTRIA GROUP INC | $7,409 | $19,756 |
| 200 SHS ANADARKO PETE | $11,201 | $8,768 |
| 200 SHS BANK OF AMERICA | $10,726 | $4,928 |
| 200 SHS CHEVRON CORP | $14,501 | $21,758 |
| 300 SHS PHILIP MORRIS INTL INC | $13,058 | $20,028 |
| 200 SHS VALERO ENERGY CP DELA | $9,366 | $14,994 |
| 350 SHS JOHNSON & JOHNSON | $22,921 | $45,168 |
| 200 SHS JPMORGAN CHASE & CO | $9,695 | $19,524 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (20 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| 5,000 SHS NUVEEN CR OPPORT 02 | AT COST | $50,000 | $42,300 |
| 650 SHS ALLIANZ NFJ DIV | AT COST | $12,193 | $6,942 |
| 252 SHS ABERDEEN TOTAL DYNAMIC | AT COST | $10,068 | $1,817 |
| 766 SHS BLACKROCK DEBT STRAT | AT COST | $16,813 | $7,484 |
| 500 SHS BLACKROCK EN INT DIV | AT COST | $7,291 | $2,490 |
| 850 SHS EATON VANCE LTD DURAT | AT COST | $15,708 | $10,132 |
| 500 SHS EATON VANCE TAX MGD | AT COST | $6,053 | $3,730 |
| 1,900 SHS INVESCO VAN KAMPEN | AT COST | $16,827 | $7,429 |
| 1,000 SHS PIMCO HIGH INCOME FD | AT COST | $15,511 | $8,010 |
| 1,273 SHS AMG GW&K ENHANCED | AT COST | $11,528 | $12,005 |
| 9,532 SHS THORNBURG LTD TRM | AT COST | $127,872 | $125,730 |
| 23,677 SHS PGIM ABSOLUTE RETN | AT COST | $231,159 | $226,825 |
| 5,382 SHS PIMCO DYNAMIC BD | AT COST | $58,973 | $57,371 |
| 5,127 SHS MAINSTAY HIGH YIELD | AT COST | $27,070 | $27,224 |
| 19,685 SHS FEDERATED STRATEGIC | AT COST | $105,856 | $102,362 |
| 3,412 SHS FIDELITY ADV NEW | AT COST | $85,450 | $77,550 |
| 6,117 SHS GUGGENHEIM TOTAL RET | AT COST | $163,690 | $162,528 |
| 6,523 SHS THRONBURG STRATEGIC | AT COST | $75,868 | $74,886 |
| 19,416 SHS JPMORGAN STRAT INC | AT COST | $228,921 | $219,216 |
| 2,571 SHS LORD ABBETT CORE FIX | AT COST | $28,572 | $26,919 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| PAYROLL PROCESSING FEES | $1,688 | $1,688 | |
| POSTAGE EXPENSE | $96 | $96 | |
| FILING FEES | $250 | $250 | |
| BOND PREMIUM AMORTIZATION | $21,478 | $21,478 | |
| OFFICE EXPENSES | $194 | $194 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| THRU OAKTREE CAPITAL GROUP LLC - PTP | $4,585 | $4,585 |
| OTHER INCOME THRU RBC | $8,775 | $8,775 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | BOOK TO TAX TIMING INCOME DIFFERENCES | Desc |
| Amt | $4,674 | Amt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | PAYROLL TAXES | CategoryTxt |
| Amt | $4,728 | Amt |
| Disbursements Charitable Prps | $4,728 | DisbursementsCharitablePrpsAmt |