PICERNE CHARITABLE TRUST: Form 990PF, tax year 2017

View the entire original 990 at ProPublica ↗

Organization: PICERNE CHARITABLE TRUST (EIN 05-0487100)
Tax period: 2017-12-01 to 2018-11-30
Filed: 2019-03-01
IRS object ID: 201930609349100608
Schema version: 2017v2.3
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
Accounting Fees Schedule
Investments Corp Stock Schedule
Other Expenses Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2019-03-01T15:02:22-06:00	ReturnTs
Tax Period End	2018-11-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	222428965	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	CITRIN COOPERMAN & COMPANY LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	TEN WEYBOSSET STREET - SUITE 700	AddressLine1Txt
City	PROVIDENCE	CityNm
State Abbreviation	RI	StateAbbreviationCd
ZIP	02903	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2017-12-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	050487100	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	THE PICERNE CHARITABLE TRUST	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	PICE	BusinessNameControlTxt
Phone	4017323700	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	4518 NORTH 32ND STREET	AddressLine1Txt
City	PHOENIX	CityNm
State Abbreviation	AZ	StateAbbreviationCd
ZIP	85018	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	RONALD R S PICERNE	PersonNm
Person Title	TRUSTEE	PersonTitleTxt
Phone	4017323700	PhoneNum
Signature	2019-01-31	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	GERALD IADELUCA	PreparerPersonNm
PTIN	P00247569	PTIN
Phone	4014214800	PhoneNum

Filing Security Information FilingSecurityInformation

IP Address IPAddress

Field	Value	IRS element (for citing)
I Pv4 Address	100.40.105.170	IPv4AddressTxt

Field	Value	IRS element (for citing)
IP	2019-01-31	IPDt
IP Tm	19:18:30	IPTm
IP Timezone	ES	IPTimezoneCd
Filing License Type	P	FilingLicenseTypeCd
At Submission Creation Device Id	B10AE895BE23F4438F31BDB9B06B37C77BBDB9A1	AtSubmissionCreationDeviceId
At Submission Filing Device Id	89423EEE093666D05D1B5E1B0E7EE0F681134BFB	AtSubmissionFilingDeviceId

Field	Value	IRS element (for citing)
Tax	2017	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	$21,102,298	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	$202,500	ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss	$344	InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm	$344	InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss	$502,795	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$502,795	DividendsNetInvstIncmAmt
Cap Gain Net Incm Net Invst Incm	$0	CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss	$705,639	TotalRevAndExpnssAmt
Total Net Invst Incm	$503,139	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
Accounting Fees Rev And Expnss	$2,000	AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm	$0	AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps	$0	AccountingFeesChrtblPrpsAmt
Taxes Rev And Expnss	$3,148	TaxesRevAndExpnssAmt
Taxes Net Invst Incm	$0	TaxesNetInvstIncmAmt
Taxes Dsbrs Chrtbl	$0	TaxesDsbrsChrtblAmt
Other Expenses Rev And Expnss	$123	OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm	$0	OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl	$0	OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss	$5,271	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$0	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$0	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$495,740	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$495,740	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$501,011	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$0	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$495,740	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	$204,628	ExcessRevenueOverExpensesAmt
Net Investment Income	$503,139	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$22,361	CashBOYAmt
Cash EOY	$20,344	CashEOYAmt
Cash EOYFMV	$20,344	CashEOYFMVAmt
Sav And Temp Cash Invst BOY	$7,369	SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY	$213,972	SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV	$213,972	SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY	$14,282,265	CorporateStockBOYAmt
Corporate Stock EOY	$14,282,265	CorporateStockEOYAmt
Corporate Stock EOYFMV	$20,867,982	CorporateStockEOYFMVAmt
Total Assets BOY	$14,311,995	TotalAssetsBOYAmt
Total Assets EOY	$14,516,581	TotalAssetsEOYAmt
Total Assets EOYFMV	$21,102,298	TotalAssetsEOYFMVAmt
Accounts Payable BOY	$42	AccountsPayableBOYAmt
Total Liabilities BOY	$42	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117	Yes (X)	OrgDoesNotFollowSFAS117Ind
Capital Stock BOY	$0	CapitalStockBOYAmt
Capital Stock EOY	$0	CapitalStockEOYAmt
Additional Paid In Capital BOY	$0	AdditionalPaidInCapitalBOYAmt
Additional Paid In Capital EOY	$0	AdditionalPaidInCapitalEOYAmt
Retained Earning BOY	$14,311,953	RetainedEarningBOYAmt
Retained Earning EOY	$14,516,581	RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY	$14,311,953	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$14,516,581	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$14,311,995	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$14,516,581	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$14,311,953	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	$204,628	ExcessRevenueOverExpensesAmt
Other Increases	$0	OtherIncreasesAmt
Subtotal	$14,516,581	SubtotalAmt
Other Decreases	$0	OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY	$14,516,581	TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

Field	Value	IRS element (for citing)
Liable Section4942 Tax	0	LiableSection4942TaxInd
Adjusted Qlfy Distri Yr1	$859,553	AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1	$16,300,460	NetVlNoncharitableAssetsYr1Amt
Distribution Yr1	0.052732	DistributionYr1Rt
Adjusted Qlfy Distri Yr2	$472,655	AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2	$9,588,304	NetVlNoncharitableAssetsYr2Amt
Distribution Yr2	0.049295	DistributionYr2Rt
Adjusted Qlfy Distri Yr3	$216,420	AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3	$6,835,936	NetVlNoncharitableAssetsYr3Amt
Distribution Yr3	0.031659	DistributionYr3Rt
Adjusted Qlfy Distri Yr4	$244,590	AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4	$5,991,729	NetVlNoncharitableAssetsYr4Amt
Distribution Yr4	0.040821	DistributionYr4Rt
Adjusted Qlfy Distri Yr5	$202,750	AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5	$4,239,935	NetVlNoncharitableAssetsYr5Amt
Distribution Yr5	0.047819	DistributionYr5Rt
Total Distribution	0.222326	TotalDistributionRt
Average Distribution	0.044465	AverageDistributionRt
Net Vl Noncharitable Assets	$20,046,518	NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets	$891,368	AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct	$5,031	NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct	$896,399	AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions	$495,740	QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$10,063	InvestmentIncomeExciseTaxAmt
Tax Under Section511	$0	TaxUnderSection511Amt
Subtotal	$10,063	SubtotalAmt
Subtitle A Tax	$0	SubtitleATaxAmt
Tax Based On Investment Income	$10,063	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$4,040	EstimatedPlusOvpmtIncmTxAmt
Extsn Request Income Tax Paid	$0	ExtsnRequestIncomeTaxPaidAmt
Backup Withholding Withheld	$0	BackupWithholdingWithheldAmt
Total Payments And Credits	$4,040	TotalPaymentsAndCreditsAmt
Es Penalty	$0	EsPenaltyAmt
Tax Due	$6,023	TaxDueAmt

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	Yes (1)	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (1)	AtLeast5000InAssetsInd
Org Report Or Register State	AZ	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	N/A	WebsiteAddressTxt
Individual With Books	BRIAN TOUGAS CO PICERNE	IndividualWithBooksNm
Phone	4017323700	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	75 LAMBERT LIND HWY	AddressLine1Txt
City	WARWICK	CityNm
State Abbreviation	RI	StateAbbreviationCd
ZIP	02886	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

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
RONALD RS PICERNE
247 NORTH WESTMONTE DRIVE	ALTAMONTE SPRINGS	FL	32714	TRUSTEE	1.00	$0	$0	$0
DAVID R PICERNE
4518 NORTH 32ND STREET	PHOENIX	AZ	85018	TREASURER	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

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$20,180,477	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$171,318	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$20,351,795	TotalFMVOfUnusedAssetsAmt
Reduction Claimed	$0	ReductionClaimedAmt
Acquisition Indebtedness	$0	AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast	$20,351,795	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$305,277	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$20,046,518	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$1,002,326	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$1,002,326	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$10,063	TaxBasedOnInvestmentIncomeAmt
Total Tax	$10,063	TotalTaxAmt
Distributable Before Adj	$992,263	DistributableBeforeAdjAmt
Recoveries Qualfied Distri	$0	RecoveriesQualfiedDistriAmt
Distributable Before Ded	$992,263	DistributableBeforeDedAmt
Deduction From Distributable	$0	DeductionFromDistributableAmt
Distributable As Adjusted	$992,263	DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$495,740	ExpensesAndContributionsAmt
Program Related Invst Total	$0	ProgramRelatedInvstTotalAmt
Qualifying Distributions	$495,740	QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm	$0	PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri	$495,740	AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$992,263	DistributableAsAdjustedAmt
Undistributed Income PY	$0	UndistributedIncomePYAmt
Total For Prior Years	$0	TotalForPriorYearsAmt
Excess Distribution Cyov Yr2	$472,655	ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1	$52,586	ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov	$525,241	TotalExcessDistributionCyovAmt
Qualifying Distributions	$495,740	QualifyingDistributionsAmt
Applied To Year1	$0	AppliedToYear1Amt
Applied To Prior Years	$0	AppliedToPriorYearsAmt
Treated As Distri From Corpus	$0	TreatedAsDistriFromCorpusAmt
Applied To Current Year	$495,740	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$0	RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus	$496,523	ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY	$496,523	ExcessDistributionCyovAppCYAmt
Total Corpus	$28,718	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	$28,718	ExcessDistriCyovToNextYrAmt
Excess From Year1	$28,718	ExcessFromYear1Amt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Contributing Manager	RONALD RS PICERNE	ContributingManagerNm
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (36 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient RelationshipRecipientRelationshipTxt	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt	Address Line2RecipientUSAddress/AddressLine2Txt
ALZHEIMERS ASSOCIATION
PO BOX 96011	WASHINGTON	DC	20090	NONE	CHARITABLE ORGANIZAT	SUPPORT CHARITABLE OPERATIONS	$2,000
AMERICAN EXPRESS P-1082412
4518 NORTH 32ND STREET	PHOENIX	AZ	85018	NONE	CHARITABLE ORGANIZAT	SUPPORT CHARITABLE OPERATIONS	$18,896
BISHOP HENDRICKEN HIGH SCHOOL
2615 WARWICK AVE	WARWICK	RI	02889	NONE	CHARITABLE ORGANIZAT	SUPPORT CHARITABLE OPERATIONS	$2,500
CITI CARDS
4518 NORTH 32ND STREET	PHOENIX	AZ	85018	NONE	CHARITABLE ORGANIZAT	SUPPORT CHARITABLE OPERATIONS	$500
COMMUNITY PREPATORY SCHOOL
135 PRAIRIE AVENUE	PROVIDENCE	RI	02905	NONE	CHARITABLE ORGANIZAT	SUPPORT CHARITABLE OPERATIONS	$5,000
CRANSTON HIGH SCHOOL EAST
899 PARK AVENUE	CRANSTON	RI	02910	NONE	CHARITABLE ORGANIZAT	SUPPORT CHARITABLE OPERATIONS	$65,000
CRANSTON HIGH SCHOOL WEST
80 METROPOLITAN AVE	CRANSTON	RI	02920	NONE	CHARITABLE ORGANIZAT	SUPPORT CHARITABLE OPERATIONS	$57,500
EAST PROVIDENCE HIGH SCHOOL
2000 PAWTUCKET AVE	EAST PROVIDENCE	RI	02914	NONE	CHARITABLE ORGANIZAT	SUPPORT CHARITABLE OPERATIONS	$17,500
FREEDOM HIGH SCHOOL
17410 COMMERCE PARK BLVD	TAMPA	FL	33647	NONE	CHARITABLE ORGANIZAT	SUPPORT CHARITABLE OPERATIONS	$5,000
HOCKOMOCK AREA YMCA
300 ELMWOOD STREET	NORTH ATTLEBORO	MA	02760	NONE	CHARITABLE ORGANIZAT	SUPPORT CHARITABLE OPERATIONS	$1,000
HOPE HIGH SCHOOL
324 HOPE STREET	PROVIDENCE	MA	02960	NONE	CHARITABLE ORGANIZAT	SUPPORT CHARITABLE OPERATIONS	$10,000
JOHNSTON SENIOR HIGH SCHOOL
345 CHERRY HILL ROAD	JOHNSTON	RI	02919	NONE	CHARITABLE ORGANIZAT	SUPPORT CHARITABLE OPERATIONS	$13,750
KING PHILLIP REGIONAL HIGH SCHOOL
201 FRANKLIN ST	WRENTHEM	MA	02093	NONE	CHARITABLE ORGANIZAT	SUPPORT CHARITABLE OPERATION	$10,000
LAKE NONA HIGH SCHOOL
12500 NARCOOSSEE ROAD	ORLANDO	FL	32832	NONE	CHARITABLE ORGANIZAT	SUPPORT CHARITABLE OPERATIONS	$2,500
MIDDLETOWN HIGH SCHOOL
130 VALLEY ROAD	MIDDLETOWN	RI	02842	NONE	CHARITABLE ORGANIZAT	SUPPORT CHARITABLE OPERATIONS	$10,000
NARRAGANSETT COUNCIL BSA
PO BOX 14777	EAST PROVIDENCE	RI	02914	NONE	CHARITABLE ORGANIZAT	SUPPORT CHARITABLE OPERATIONS	$5,000
OCOEE HIGH SCHOOL
1925 OCOEE CROWN POINT PKWY	OCOEE	FL	34761	NONE	CHARITABLE ORGANIZAT	SUPPORT CHARITABLE OPERATIONS	$10,000
PILGRIM HIGH SCHOOL
111 PILGRIM PARKWAY	WARWICK	RI	02888	NONE	CHARITABLE ORGANIZAT	SUPPORT CHARITABLE OPERATIONS	$80,000
RHODE ISLAND COLLEGE FOUNDATION
600 MT PLEASANT AVE	PROVIDENCE	RI	02908	NONE	CHARITABLE ORGANIZAT	SUPPORT CHARITABLE OPERATIONS	$25,000
RI HERITAGE HALL OF FAME
1445 WAMPANOAG TRAIL SUITE 201	EAST PROVIDENCE	RI	02915	NONE	CHARITABLE ORGANIZAT	SUPPORT CHARITABLE OPERATIONS	$800
SAINT IGNATIUS
1076 WEST ROOSEVELT ROAD	CHICAGO	IL	60608	NONE	CHARITABLE ORGANIZAT	SUPPORT CHARITABLE OPERATIONS	$14,000
SCOTTSDALE ARTISTS SCHOOL
3720 N MARSHALL WAY	SCOTTSDALE	AZ	85251	NONE	CHARITABLE ORGANIZAT	SUPPORT CHARITABLE OPERATIONS	$7,640
SHRI SERVICE CORPS
172 EXCHANGE STREET	PAWTUCKET	RI	02860	NONE	CHARITABLE ORGANIZAT	SUPPORT CHARITABLE OPERATIONS	$1,000
SOPHIA ACADEMY
582 ELMWOOD AVE	PROVIDENCE	RI	02907	NONE	CHARITABLE ORGANIZAT	SUPPORT CHARITABLE OPERATIONS	$10,000
SOUTH COUNTY HOSPITAL
100 KENYON AVE	WAKEFIELD	RI	02879	NONE	CHARITABLE ORGANIZAT	SUPPORT CHARITABLE OPERATIONS	$1,000
SPOTO HIGH SCHOOL
8538 EAGLE PALM DRIVE	RIVERVIEW	FL	33578	NONE	CHARITABLE ORGANIZAT	SUPPORT CHARITABLE OPERATIONS	$5,000
SPRINGFIELD COLLEGE
263 ALDEN STREET	SPRINGFIELD	MA	01109	NONE	CHARITABLE ORGANIZAT	SUPPORT CHARITABLE OPERATIONS	$6,250
ST PATRICK ACADEMY
244 SMITH STREET	PROVIDENCE	RI	02908	NONE	CHARITABLE ORGANIZAT	SUPPORT CHARITABLE OPERATIONS	$11,000
STOP & SHOP
575 GREENWICH AVE	WARWICK	RI	02886	NONE	CHARITABLE ORGANIZAT	SUPPORT CHARITABLE OPERATIONS	$14,104
THE GRODEN CENTER
86 MOUNT HOPE STREET	PROVIDENCE	RI	02906	NONE	CHARITABLE ORGANIZAT	SUPPORT CHARITABLE OPERATIONS	$250
TOLL GATE HIGH SCHOOL
575 CENTERVILLE RD	WARWICK	RI	02886	NONE	CHARITABLE ORGANIZAT	SUPPORT CHARITABLE OPERATIONS	$52,500
UNITARIAN CHURCH OF BARNSTABLE
3330 MAIN STREET	BARNSTABLE	MA	02630	NONE	CHARITABLE ORGANIZAT	SUPPORT CHARITABLE OPERATIONS	$200
UNIVERSITY OF RHODE ISLAND
GREEN HALL 6 RHODY RAM WAY	KINGSTON	RI	02881	NONE	CHARITABLE ORGANIZAT	SUPPORT CHARITABLE OPERATIONS	$1,250
UNIVERISTY OF VERMONT
223 WATERMAN BUILDING 85 SOUTH	BURLINGTON	VT	05405	NONE	CHARITABLE ORGANIZAT	SUPPORT CHARITABLE OPERATIONS	$1,250	PROSPECT STREET
URI FOUNDATION
79 UPPER COLLEGE ROAD	KINGSTON	RI	02881	NONE	CHARITABLE ORGANIZAT	SUPPORT CHARITABLE OPERATIONS	$25,000
WESTMINISTER COLLEGE
1840 SOUTH 1300 EAST	SALT LAKE CITY	UT	84105	NONE	CHARITABLE ORGANIZAT	SUPPORT CHARITABLE OPERATIONS	$3,350

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$495,740	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	$344	ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$502,795	ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Unrelated Business Taxbl Incm	$0	UnrelatedBusinessTaxblIncmAmt
Exclusion	$503,139	ExclusionAmt
Related Or Exempt Function Incm	$0	RelatedOrExemptFunctionIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$503,139	TotalIncomeProducingActyAmt

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	Yes (1)	RelationshipsNonchrtblEOInd

Relationship Schedule Detail RelationshipScheduleDetail

Organization Business Name OrganizationBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	PICERNE NFP HOUSING	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Organization Type	501 (C) (3)	OrganizationTypeDesc
Relationship Description	COMMON CONTROL	RelationshipDescriptionTxt

Schedule B IRS990ScheduleB

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
General Rule	Yes (X)	GeneralRuleInd

Contributor Information ContributorInformationGrp (2 entries)

ContributorContributorNum	Address Line1ContributorUSAddress/AddressLine1Txt	CityContributorUSAddress/CityNm	State AbbreviationContributorUSAddress/StateAbbreviationCd	ZIPContributorUSAddress/ZIPCd	Total ContributionsTotalContributionsAmt	Person ContributionPersonContributionInd
RONALD R S PICERNE
1	C/O PICERNE DEVELOPMENT CORP 247 NO	ALTAMONTE SPRINGS	FL	32714	$200,000	Yes (X)
JOHN HOOPER
2	ADMIRAL WORDENS LANE	BRIARCLIFF MANOR	NY	10510	$2,500	Yes (X)

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Field	Value	IRS element (for citing)
Category	TAX PREPARATION FEES	CategoryTxt
Amt	$2,000	Amt
Net Investment Income	$0	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$0	DisbursementsCharitablePrpsAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

Field	Value	IRS element (for citing)
Stock	MARKETABLE SECURITIES	StockNm
EOY Book Value	$14,282,265	EOYBookValueAmt
EOYFMV	$20,867,982	EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp

Field	Value	IRS element (for citing)
Desc	BANK CHARGES	Desc
Revenue And Expenses Per Books	$123	RevenueAndExpensesPerBooksAmt
Net Investment Income	$0	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$0	DisbursementsCharitablePrpsAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

Field	Value	IRS element (for citing)
Category	IRS	CategoryTxt
Amt	$3,148	Amt
Net Investment Income	$0	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$0	DisbursementsCharitablePrpsAmt