PETRUCCI FAMILY FOUNDATION INC: Form 990PF, tax year 2018
View the entire original 990 at ProPublica ↗
- Organization
- PETRUCCI FAMILY FOUNDATION INC (EIN 20-1601999)
- Tax period
- 2018-01-01 to 2018-12-31
- Filed
- 2019-10-15
- IRS object ID
- 201922889349100927
- 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
- Schedule B
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Increases Schedule
- Other Liabilities Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2019-10-15T16:29:22-05:00 | ReturnTs |
| Tax Period End | 2018-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 221732349 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WISS & COMPANY | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5 BARTLES CORNER ROAD | AddressLine1Txt |
| City | FLEMINGTON | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 08822 | 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 | 201601999 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PETRUCCI FAMILY FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | PETR | BusinessNameControlTxt |
| Phone | 9087306909 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 171 ROUTE 173 NO 201 | AddressLine1Txt |
| City | ASBURY | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 08802 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JAMES G PETRUCCI | PersonNm |
| Person Title | OFFICER | PersonTitleTxt |
| Phone | 9087306909 | PhoneNum |
| Signature | 2019-10-03 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MICHAEL A PETRECCA | PreparerPersonNm |
| PTIN | P00606274 | PTIN |
| Phone | 9087827300 | PhoneNum |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 50.202.92.98 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2019-10-03 | IPDt |
| IP Tm | 10:23:32 | IPTm |
| IP Timezone | ED | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 61F7A45D747F62B95AE930220ED4FA20113FED41 | 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 | $13,071,131 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $1,565,000 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $27,772 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $27,772 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $214,501 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $214,501 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $622,893 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $2,458,691 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $622,893 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $2,430,166 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $865,166 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Taxes Rev And Expnss | $46,844 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $65,814 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $112,658 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $0 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $610,838 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $610,838 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $723,496 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $0 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $610,838 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $1,706,670 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $865,166 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $3,231,660 | CashBOYAmt |
| Cash EOY | $1,528,787 | CashEOYAmt |
| Cash EOYFMV | $1,528,787 | CashEOYFMVAmt |
| Corporate Stock BOY | $7,310,077 | CorporateStockBOYAmt |
| Corporate Stock EOY | $8,456,129 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $8,456,129 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $2,220,499 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $3,082,209 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $3,082,209 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $18,615 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $18,615 | LandBldgEquipAccumDeprecAmt |
| Other Assets BOY | $0 | OtherAssetsBOYAmt |
| Other Assets EOY | $4,006 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $4,006 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $12,762,236 | TotalAssetsBOYAmt |
| Total Assets EOY | $13,071,131 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $13,071,131 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $1,434 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $0 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $1,434 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | $12,760,802 | CapitalStockBOYAmt |
| Capital Stock EOY | $13,071,131 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $0 | RetainedEarningBOYAmt |
| Retained Earning EOY | $0 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $12,760,802 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $13,071,131 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $12,762,236 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $13,071,131 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $12,760,802 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $1,706,670 | ExcessRevenueOverExpensesAmt |
| Other Increases | $74,138 | OtherIncreasesAmt |
| Subtotal | $14,541,610 | SubtotalAmt |
| Other Decreases | $1,470,479 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $13,071,131 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (6 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | Cost Or Other BasisCostOrOtherBasisAmt |
|---|---|---|---|---|---|
| FRACTIONAL SHARES | P | $126 | $126 | $126 | |
| FROM K-1S | P | -$35,875 | -$35,875 | $35,875 | |
| MORGAN STANLEY 70153 | $171,508 | -$25,178 | -$25,178 | $196,686 | |
| MORGAN STANLEY 70153 | $284,834 | $63,934 | $63,934 | $220,900 | |
| MORGAN STANLEY 70153 | $1,427,180 | $660,393 | $660,393 | $766,787 | |
| MORGAN STANLEY 70153 | $575,043 | -$40,507 | -$40,507 | $615,550 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $622,893 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $244,439 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $10,259,072 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.023827 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $343,073 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $6,130,616 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.055961 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $373,317 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $5,925,206 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.063005 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $272,308 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $6,125,897 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.044452 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $192,815 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $4,822,825 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.039980 | DistributionYr5Rt |
| Total Distribution | 0.227225 | TotalDistributionRt |
| Average Distribution | 0.045445 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $9,775,754 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $444,259 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $8,652 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $452,911 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $610,838 | 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 | $8,652 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $8,652 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $8,652 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $4,006 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $7,500 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $11,506 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $148 | EsPenaltyAmt |
| Overpayment | $2,706 | OverpaymentAmt |
| Applied To ES Tax | $2,706 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | 0 | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | NJ | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | WWW.PETRUCCIFAMILYFOUNDATION.COM | WebsiteAddressTxt |
| Individual With Books | JEANNE PETRUCCI | IndividualWithBooksNm |
| Phone | 9087306909 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 171 ROUTE 173 SUITE 201 | AddressLine1Txt |
| City | ASBURY | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 08802 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 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 |
|---|---|---|---|---|---|---|---|---|
| JAMES G PETRUCCI | ||||||||
| 171 ROUTE 173 SUITE 201 | ASBURY | NJ | 08802 | TRUSTEE - P/T | 5.00 | $0 | $0 | $0 |
| JEANNE PETRUCCI | ||||||||
| 171 ROUTE 173 SUITE 201 | ASBURY | NJ | 08802 | TRUSTEE - P/T | 5.00 | $0 | $0 | $0 |
| BRUNO N DORI | ||||||||
| 5 BARTLES CORNER ROAD | FLEMINGTON | NJ | 08822 | TRUSTEE - P/T | 1.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | THE FOUNDATION DOES NOT MAINTAIN A PROGRAM OF CHARITABLE ACTIVITIES AS DEFINED IN THE INSTRUCTIONS FOR FORMS 990-PF. THE FOUNDATION DOES INCUR NOMINAL EXPENSES TO AID DONEES. | Description1Txt |
| Expenses1 | $0 | Expenses1Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | THE FOUNDATION DOES NOT MAINTAIN ANY PROGRAM-RELATED INVESTMENTS. | Description1Txt |
| Expenses1 | $0 | Expenses1Amt |
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $8,017,790 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,906,833 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $9,924,623 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $9,924,623 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $148,869 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $9,775,754 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $488,788 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $488,788 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $8,652 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $8,652 | TotalTaxAmt |
| Distributable Before Adj | $480,136 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $480,136 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $480,136 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $610,838 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $610,838 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $8,652 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $602,186 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $480,136 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $32,296 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $610,838 | QualifyingDistributionsAmt |
| Applied To Year1 | $32,296 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $480,136 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $98,406 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $98,406 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $98,406 | ExcessDistriCyovToNextYrAmt |
| Excess From Current Year | $98,406 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (47 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| ACTORS FUND OF AMERICA | |||||||
| 175 W HUDSON AVE | ENGLEWOOD | NJ | 07631 | NONE | PC | CONTRIBUTION | $1,000 |
| AFRICAN AMERICAN CHAMBER OF COMMERCE | |||||||
| 379 WEST STATE STREET | TRENTON | NJ | 08618 | NONE | PC | CONTRIBUTION | $23,367 |
| ARC OF UNION COUNTY | |||||||
| 70 DIAMOND ROAD | SPRINGFIELD | NJ | 07081 | NONE | PC | CONTRIBUTION | $1,000 |
| BASECAMP 31 | |||||||
| 1250 ROUT 31 | LEBANON | NJ | 08833 | NONE | PC | CONTRIBUTION | $2,500 |
| BONNIE BRAE | |||||||
| 3415 VALLEY ROAD | BASKING RIDGE | NJ | 07920 | NONE | PC | CONTRIBUTION | $5,000 |
| CANCER SUPPORT COMMUNITY OF SOMERSET | |||||||
| 3 CROSSROADS DRIVE | BEDMINSTER | NJ | 07921 | NONE | PC | CONTRIBUTION | $20,000 |
| CARE NET | |||||||
| 44180 RIVERSIDE PARKWAY | LANDSDOWNE | PA | 20176 | NONE | PC | CONTRIBUTION | $7,500 |
| CONTRIBUTIONS UNDER 1000 | |||||||
| 171 ROUTE 173 | ASBURY | NJ | 08802 | NONE | PC | CONTRIBUTION | $6,700 |
| DELBARTON SCHOOL | |||||||
| 2300 MENDHAM ROAD | MORRISTOWN | NJ | 07960 | NONE | PC | CONTRIBUTION | $145,941 |
| ESSEX REGIONAL ESC | |||||||
| 369 PASSAIC AVE | FAIRFIELD | NJ | 07004 | NONE | PC | CONTRIBUTION | $1,000 |
| FIVE STAR HEART PROJECT | |||||||
| 1211 LORRAIN AVENUE | BETHLEHEM | PA | 18018 | NONE | PC | CONTRIBUTION | $5,930 |
| IRVINGTON HS | |||||||
| 1253 CLINTON AVE | IRVINGTON | NJ | 071112438 | NONE | PC | CONTRIBUTION | $1,150 |
| JUVENILE DIABETES RESEARCH FOUNDATION | |||||||
| 26 BROADWAY | NEW YORK | NY | 10004 | NONE | PC | CONTRIBUTION | $7,500 |
| MORAVIAN COLLEGE | |||||||
| 1200 MAIN STREET | BETHLEHEM | PA | 18018 | NONE | PC | CONTRIBUTION | $70,000 |
| MUSIC MAKER RELIEF FOUNDATION | |||||||
| 224 WEST CORBIN ST | HILLSBOROUGH | NC | 27278 | NONE | PC | CONTRIBUTION | $2,500 |
| NEW BETHANY MINISTRIES | |||||||
| 339 W 4TH STREET | BETHLEHEM | PA | 18015 | NONE | PC | CONTRIBUTION | $2,500 |
| NORTHAMPTON COMMUNITY COLLEGE FOUNDATION | |||||||
| 3835 GREEN POND ROAD | BETHLEHEM | PA | 18020 | NONE | PC | CONTRIBUTION | $40,000 |
| PRINCETON UNIVERSITY | |||||||
| PRINCETON | PRINCETON | NJ | 08544 | NONE | PC | CONTRIBUTION | $55,000 |
| SECOND HARVEST FOOD BANK | |||||||
| 6969 SILVER CREST RD | NAZARETH | PA | 18064 | NONE | PC | CONTRIBUTION | $10,000 |
| ST MARY'S ABBEY | |||||||
| 230 MENDHAM ROAD | MORRISTOWN | NJ | 07960 | NONE | PC | CONTRIBUTION | $21,500 |
| SWARTHMORE COLLEGE | |||||||
| 500 COLLEGE AVE | SWARTHMORE | PA | 19081 | NONE | PC | CONTRIBUTION | $70,000 |
| UNITED WAY | |||||||
| 4 WALTER FORAN BLVD | FLEMINGTON | NJ | 08822 | NONE | PC | CONTRIBUTION | $1,000 |
| VILLA WALSH ACADEMY | |||||||
| 455 WESTERN AVE | MORRISTOWN | NJ | 07960 | NONE | PC | CONTRIBUTION | $5,000 |
| LW HAHN FOUNATION | |||||||
| PO BOX 314 | PEN ARGYL | PA | 18072 | NONE | PC | CONTRIBUTION | $5,000 |
| STONE GATE STABLES | |||||||
| 2850 FISH HATCHERY ROAD | ALLENTOWN | PA | 18103 | NONE | PC | CONTRIBUTION | $1,000 |
| SUNRISE DAY CAMP | |||||||
| 15 NEIL COURT | OCEANSIDE | NY | 11572 | NONE | PC | CONTRIBUTION | $2,500 |
| SECOND STREET YOUTH CENTER FOUNDATION | |||||||
| 935 S 2ND STREET | PLAINFIELD | NJ | 07063 | NONE | PC | CONTRIBUTION | $12,500 |
| FRIENDS OF BETHLEHEM MOUNTED POLICE | |||||||
| 615 E LANGHORNE AVE | BETHLEHEM | PA | 18018 | NONE | PC | CONTRIBUTION | $2,000 |
| CASA OF NEW JERSEY | |||||||
| 77 CHURCH STREET | NEW BRUNSWICK | NJ | 08901 | NONE | PC | CONTRIBUTION | $10,000 |
| CHAI LIFELINE | |||||||
| 151 W 30TH STREET | NEW YORK | NY | 10001 | NONE | PC | CONTRIBUTION | $2,500 |
| MISSION ASSET FIELD | |||||||
| 3269 MISSION STREET | SAN FRANSISCO | CA | 94110 | NONE | PC | CONTRIBUTION | $5,000 |
| JAGUAR ACADEMIC ATHLETIC ACHIEVEMENT CLUB | |||||||
| 307 N UNIVERSITY BLVD | MOBILE | AL | 36668 | NONE | PC | CONTRIBUTION | $5,000 |
| NATIONAL MS SOCIETY | |||||||
| 1480 US HIGHWAY 9 NORTH SUITE 301 | WOODBRIDGE | NJ | 07095 | NONE | PC | CONTRIBUTION | $1,000 |
| COMMONSENSE CHILDBIRTH | |||||||
| 213 S DILLARD STREET 340 | WINTER GARDEN | FL | 34787 | NONE | PC | CONTRIBUTION | $1,000 |
| DLAWARE COUNTY CHRISTIAN SCHOOL | |||||||
| 462 MAIN RD | NEWTOWN SWAURE | PA | 19073 | NONE | PC | CONTRIBUTION | $5,000 |
| RISING TIDE COMMUNITY FUND | |||||||
| 1337 E 5TH STREET | BETHLEHEM | PA | 18015 | NONE | PC | CONTRIBUTION | $2,000 |
| DOCTORS WITHOUT BORDERS | |||||||
| 40 RECTOR STREET | NEW YORK | NY | 10006 | NONE | PC | CONTRIBUTION | $10,000 |
| NATIONAL SEATING AND MOBILITY | |||||||
| 320 PREMIER COURT SUITE 220 | FRANKLIN | TN | 37067 | NONE | PC | CONTRIBUTION | $2,500 |
| NEW JERSEY SEEDS | |||||||
| 494 BROAD STREET 105 | NEWARK | NJ | 07102 | NONE | PC | CONTRIBUTION | $2,500 |
| HAIR TO SHARE | |||||||
| 1802 HIGHWAY 31 NORTH 104 | CLINTON | NJ | 08809 | NONE | PC | CONTRIBUTION | $1,000 |
| ORGANIZATION FOR AUTISM RESEARCH | |||||||
| 2000 14TH ST N SUITE 240 | ARLINGTON | VA | 22201 | NONE | PC | CONTRIBUTION | $2,500 |
| ST LUKE'S UNIVERSITY HEALTH NETWORK | |||||||
| 801 OSTRUM ST | FOUNTAIN HILL | PA | 18015 | NONE | PC | CONTRIBUTION | $10,000 |
| CHESTER CHILDRENS CHORUS AT SWARTHMORE COLLEGE | |||||||
| 500 COLLEGE AVE | SWARTHMORE | PA | 19081 | NONE | PC | CONTRIBUTION | $5,000 |
| SHILOH BAPTIST CHURCH | |||||||
| 2411 MEMORIAL AVENUE | PORT NORRIS | NJ | 08349 | NONE | PC | CONTRIBUTION | $5,000 |
| TODD M ANDERSON MEMORIAL TRUST | |||||||
| 22 MAPLE AVENUE | MORRISTOWN | NJ | 07960 | NONE | PC | CONTRIBUTION | $5,000 |
| SAINT ROCK HAITI FOUNDATION | |||||||
| 372 GRANITE AVE 1 | MILTON | MA | 02186 | NONE | PC | CONTRIBUTION | $1,750 |
| LINCOLN UNIVERSITY | |||||||
| 1570 BALTIMORE PIKE | LINCOLN | PA | 19352 | NONE | PC | CONTRIBUTION | $5,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $610,838 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $27,772 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $214,501 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $622,893 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $242,273 | ExclusionAmt |
| Related Or Exempt Function Incm | $622,893 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $865,166 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Line Number | 8 | LineNumberTxt |
| Relationship Statement | FUNDS RECEIVED FROM INVESTMENT IN SECURITIES ARE USED TO ENABLE THE FOUNDATION TO CONTINUE THEIR CHARITABLE EFFORTS. | RelationshipStatementTxt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Contributor Person | JAMES G PETRUCCI | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 171 ROUTE 173 SUITE 201 | AddressLine1Txt |
| City | ASBURY | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 08802 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $1,565,000 | TotalContributionsAmt |
| Noncash Contribution | Yes (X) | NoncashContributionInd |
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Noncash Property | 56000 SHS FRESHPET | NoncashPropertyDesc |
| Fair Market Value | $1,565,000 | FairMarketValueAmt |
| Received | 2018-08-07 | ReceivedDt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | CORPORATE STOCK | StockNm |
| EOY Book Value | $8,456,129 | EOYBookValueAmt |
| EOYFMV | $8,456,129 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (2 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| LIMITED PARTNERSHIPS | FMV | $216,114 | $216,114 |
| ARTWORK COLLECTION | AT COST | $2,866,095 | $2,866,095 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PREPAID TAXES | Desc |
| BOY Book Value | $0 | BOYBookValueAmt |
| EOY Book Value | $4,006 | EOYBookValueAmt |
| EOYFMV | $4,006 | EOYFMVAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED LOSS ON SECURITIES | Desc |
| Amt | $1,470,479 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (9 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| ADMINISTRATIVE FEES | $39,669 | $0 | $0 |
| EVENTS/ SPONSORSHIP | $24,503 | $0 | $0 |
| DUES AND SUBSCRIPTIONS | $338 | $0 | $0 |
| OFFICE EXPENSE | $223 | $0 | $0 |
| WEBSITE | $129 | $0 | $0 |
| K-1 OTHER INVESTMENT EXPENSE | $892 | $0 | $0 |
| LICENSE AND FEES | $25 | $0 | $0 |
| BANK SERVICE CHARGE | $20 | $0 | $0 |
| POSTAGE | $15 | $0 | $0 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | NONTAXABLE INCOME (M-1 ADJUSTMENT) PER K-1S | Desc |
| Amt | $74,138 | Amt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DUE TO AFFILIATE | Desc |
| BOY Book Value | $1,434 | BOYBookValueAmt |
| EOY Book Value | $0 | EOYBookValueAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FOREIGN TAXES | $850 | $0 | $0 |
| FEDERAL TAX EXPENSE | $45,994 | $0 | $0 |