PHILIP E POTTER FOUNDATION: Form 990PF, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- PHILIP E POTTER FOUNDATION (EIN 16-6169167)
- Tax period
- 2017-11-01 to 2018-10-31
- Filed
- 2019-03-11
- IRS object ID
- 201930709349100508
- Schema version
- 2017v2.2
- 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
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2019-03-11T10:40:55-07:00 | ReturnTs |
| Tax Period End | 2018-10-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 150625503 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Mostert Manzanero & Scott LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4 Associate Dr | AddressLine1Txt |
| City | Oneonta | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 13820 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2017-11-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 166169167 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE PHILIP E POTTER FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | PHIL | BusinessNameControlTxt |
| Phone | 6074326724 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6 FORD AVENUE | AddressLine1Txt |
| City | ONEONTA | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 13820 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ANNE T WOLEK | PersonNm |
| Person Title | Foundation Mgr. | PersonTitleTxt |
| Signature | 2019-03-11 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | DEBORAH L MOSTERT | PreparerPersonNm |
| PTIN | P01213266 | PTIN |
| Phone | 6074328700 | PhoneNum |
| 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 | $12,403,874 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $1,150 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $1,150 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $1,150 | InterestOnSavingsAdjNetIncmAmt |
| Dividends Rev And Expnss | $419,669 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $419,669 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $419,669 | DividendsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $293,516 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $932,639 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $293,516 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $293,516 | NetSTCapitalGainAdjNetIncmAmt |
| Other Income Rev And Expnss | $2,104 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $2,104 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $2,104 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $716,439 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $716,439 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $716,439 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $65,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $65,000 | CompOfcrDirTrstNetInvstIncmAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $70,683 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $70,683 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $35,341 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $1,650 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $1,650 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $825 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $11,000 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $11,000 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $3,586 | TaxesRevAndExpnssAmt |
| Printing And Pub Rev And Expnss | $15 | PrintingAndPubRevAndExpnssAmt |
| Printing And Pub Net Invst Incm | $15 | PrintingAndPubNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $22,000 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $22,000 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $702 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $173,934 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $170,348 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $36,868 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $572,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $572,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $745,934 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $170,348 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $608,868 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$29,495 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $546,091 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $716,439 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $125,005 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $268,048 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $268,048 | SavAndTempCashInvstEOYFMVAmt |
| Prepaid Expenses BOY | $5,370 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $3,784 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $3,784 | PrepaidExpensesEOYFMVAmt |
| Corporate Stock BOY | $5,994,596 | CorporateStockBOYAmt |
| Corporate Stock EOY | $5,864,769 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $12,080,269 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $53,018 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $53,018 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $51,773 | CorporateBondsEOYFMVAmt |
| Total Assets BOY | $6,177,989 | TotalAssetsBOYAmt |
| Total Assets EOY | $6,189,619 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $12,403,874 | TotalAssetsEOYFMVAmt |
| Grants Payable BOY | $244,625 | GrantsPayableBOYAmt |
| Grants Payable EOY | $287,000 | GrantsPayableEOYAmt |
| Total Liabilities BOY | $244,625 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $287,000 | TotalLiabilitiesEOYAmt |
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
| Unrestricted BOY | $5,933,364 | UnrestrictedBOYAmt |
| Unrestricted EOY | $5,902,619 | UnrestrictedEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $5,933,364 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $5,902,619 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $6,177,989 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $6,189,619 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $5,933,364 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$29,495 | ExcessRevenueOverExpensesAmt |
| Other Increases | $1,250 | OtherIncreasesAmt |
| Subtotal | $5,905,119 | SubtotalAmt |
| Other Decreases | $2,500 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $5,902,619 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | SEE ATTACHED SCHEDULE | PropertyDesc |
| How Acquired | P | HowAcquiredCd |
| Acquired | 2017-12-31 | AcquiredDt |
| Sold | 2017-12-31 | SoldDt |
| Gross Sales Price | $932,639 | GrossSalesPriceAmt |
| Cost Or Other Basis | $639,123 | CostOrOtherBasisAmt |
| Gain Or Loss | $293,516 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $293,516 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $293,516 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $293,516 | NetShortTermCapitalGainLossAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $528,775 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $12,526,098 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.04221 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $465,734 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $11,287,438 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.04126 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $466,905 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $11,557,268 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.04040 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $400,562 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $11,799,331 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.03395 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $502,260 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $10,700,267 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.04694 | DistributionYr5Rt |
| Total Distribution | 0.204761 | TotalDistributionRt |
| Average Distribution | 0.040952 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $12,913,078 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $528,816 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $5,461 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $534,277 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $608,868 | 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 | $5,461 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $5,461 | SubtotalAmt |
| Tax Based On Investment Income | $5,461 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $3,783 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $3,783 | TotalPaymentsAndCreditsAmt |
| Tax Due | $1,678 | TaxDueAmt |
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 |
| Form990 T Filed | false | Form990TFiledInd |
| 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 | THEPOTTERFOUNDATION.ORG | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FOUNDATION OFFICES | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6074326724 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6 FORD AVENUE | AddressLine1Txt |
| City | ONEONTA | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 13820 | 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 |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Undistr Incm Sect4942a2 Not App | false | UndistrIncmSect4942a2NotAppInd |
| Business Holdings | false | BusinessHoldingsInd |
| Excess Business Holdings | false | ExcessBusinessHoldingsInd |
| 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 |
| Transactions Fail To Qlfy As Exc | false | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | false | MaintainedExpenditureRspnsInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Proceeds Or Net Income | false | ProceedsOrNetIncomeInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|---|---|---|---|
| THOMAS EF WOLEK | ||||||
| 6 FORD AVE | ONEONTA | NY | 13820 | Trustee | 0.50 | $13,000 |
| CORINNE B SMITH | ||||||
| 6 FORD AVE | ONEONTA | NY | 13820 | Trustee | 0.50 | $13,000 |
| ANNE T WOLEK | ||||||
| 6 FORD AVE | ONEONTA | NY | 13820 | Foundation Mgr. | 10.00 | $24,000 |
| SUE ANNE DE BERGH | ||||||
| 6 FORD AVE | ONEONTA | NY | 13820 | Trustee | 0.50 | $13,000 |
| SALLY ANNE DUNLEAVY | ||||||
| 6 FORD AVE | ONEONTA | NY | 13820 | Trustee | 0.50 | $13,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $12,937,680 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $172,044 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $13,109,724 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $13,109,724 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $196,646 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $12,913,078 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $645,654 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $645,654 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $5,461 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $5,461 | TotalTaxAmt |
| Distributable Before Adj | $640,193 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $640,193 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $640,193 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $608,868 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $608,868 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $5,461 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $603,407 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $640,193 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $198,126 | UndistributedIncomePYAmt |
| Qualifying Distributions | $608,868 | QualifyingDistributionsAmt |
| Applied To Year1 | $198,126 | AppliedToYear1Amt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $410,742 | AppliedToCurrentYearAmt |
| Undistributed Income CY | $229,451 | UndistributedIncomeCYAmt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | ANNE T WOLEK MANAGING TRUSTEE | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6 FORD AVE | AddressLine1Txt |
| City | ONEONTA | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 13820 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 6074326724 | RecipientPhoneNum |
| Form And Info And Materials | STANDARD APPLICATION FORM AVAILABLE AT AREA HIGH SCHOOL & THE FOUNDATION OFFICE SETTING FORTH NEED, FINANCIAL, HIGH SCHOOL EVAL. & COLLEGE | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | MAY 1 | SubmissionDeadlinesTxt |
| Restrictions On Awards | SCHOLARSHIPS AWARDED PRIMARILY TO ONEONTA HIGH SCHOOL GRADUATES, ONEONTA, NY 13820 | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | DETAIL LIST ATTACHED | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O 6 FORD AVE | AddressLine1Txt |
| City | ONEONTA | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 13820 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | NONE | RecipientRelationshipTxt |
| Recipient Foundation Status | EDUCATION | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | EDUCATION | GrantOrContributionPurposeTxt |
| Amt | $572,000 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $572,000 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,150 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $419,669 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $293,516 | RelatedOrExemptFunctionIncmAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | See attached schedule | Desc |
| Related Or Exempt Function Incm | $2,104 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $420,819 | ExclusionAmt |
| Related Or Exempt Function Incm | $295,620 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $716,439 | 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) |
|---|---|---|
| Amt | $1,650 | Amt |
| Net Investment Income | $1,650 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $825 | DisbursementsCharitablePrpsAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | SCHOLARSHIP | Desc |
| Amt | $2,500 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (16 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| CHECK PRINTING | $517 | $517 | |
| COMMUNITY BANK IM FEES | $7,731 | $7,731 | |
| COMMUNITY BANK SERVICE CHARGE | $2 | $2 | |
| ISD - COMPUTER MAINTENANCE | $987 | $987 | |
| ISD - WEBSITE DEVELOPMENT | $1,000 | $1,000 | |
| MORGAN STANLEY misc fees | $80 | $80 | |
| MORGAN STANLEY FEES | $5,819 | $5,819 | |
| NATL BENEFIT LIFE - DBL INS | $251 | $251 | $251 |
| NYS DEPT OF STATE | $750 | $750 | |
| NYSUI | $200 | $200 | $200 |
| OFFICE SUPPLIES | $365 | $365 | $251 |
| PHILIDELPHIA INS - LIABILITY INS | $1,540 | $1,540 | |
| POSTAGE | $612 | $612 | |
| SHREDDING | $90 | $90 | |
| STATE INS WORKERS COMP INS | $472 | $472 | |
| UTILITIES | $1,584 | $1,584 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | See attached schedule | Desc |
| Revenue And Expenses Per Books | $2,104 | RevenueAndExpensesPerBooksAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | SCHOLARSHIP TO PRINCIPAL | Desc |
| Amt | $1,250 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amt | $11,000 | Amt |
| Net Investment Income | $11,000 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | 2015 EXCISE TAX ON INVESTM INCOME | CategoryTxt |
| Amt | $3,586 | Amt |