INTERNATIONAL FOUNDATION INC: Form 990PF, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- INTERNATIONAL FOUNDATION INC (EIN 13-1962255)
- Tax period
- 2017-01-01 to 2017-12-31
- Filed
- 2018-11-14
- IRS object ID
- 201803189349102100
- 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
- Land Etc Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2018-11-14T11:08:19-08:00 | ReturnTs |
| Tax Period End | 2017-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 270623664 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Cullari Carrico LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 55 Lane Road Ste 300 | AddressLine1Txt |
| City | Fairfield | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07004 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2017-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 131962255 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The International Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | INTE | BusinessNameControlTxt |
| Phone | 9734063955 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 55 Lane Road | AddressLine1Txt |
| City | Fairfield | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07004 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | John D Carrico II CPA | PersonNm |
| Person Title | Secretary | PersonTitleTxt |
| Signature | 2018-11-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JOHN CARRICO JR | PreparerPersonNm |
| PTIN | P00741048 | PTIN |
| Phone | 9734063955 | PhoneNum |
| Self Employed | Yes (X) | SelfEmployedInd |
| 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 | $26,775,432 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $435,861 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $435,861 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $435,861 | DividendsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $1,515,908 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $5,019,498 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $1,515,908 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $27,516 | NetSTCapitalGainAdjNetIncmAmt |
| Other Income Rev And Expnss | $169,937 | OtherIncomeRevAndExpnssAmt |
| Total Rev And Expnss | $2,121,706 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,951,769 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $463,377 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $184,167 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $46,042 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $137,765 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $24,856 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $24,856 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $6,581 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $2,191 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $4,390 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $132,770 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $33,192 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $99,578 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $120,978 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $120,978 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $55,925 | TaxesRevAndExpnssAmt |
| Taxes Dsbrs Chrtbl | $2,337 | TaxesDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $27,208 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $6,802 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $20,406 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $42,259 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $6,190 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $36,069 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $594,744 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $215,395 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $325,401 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $927,368 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $927,368 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,522,112 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $215,395 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,252,769 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $599,594 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,736,374 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $463,377 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $142,050 | CashBOYAmt |
| Cash EOY | $74,652 | CashEOYAmt |
| Cash EOYFMV | $74,652 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $18,349 | SavAndTempCashInvstBOYAmt |
| Prepaid Expenses BOY | $101 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $1,408 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $1,408 | PrepaidExpensesEOYFMVAmt |
| Corporate Stock BOY | $13,770,017 | CorporateStockBOYAmt |
| Corporate Stock EOY | $15,491,959 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $15,491,959 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $6,889,392 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $6,863,961 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $6,863,961 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $4,577,722 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $1,524,125 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $1,524,125 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $15,051 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $15,051 | LandBldgEquipAccumDeprecAmt |
| Other Assets EOY | $2,819,327 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $2,819,327 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $25,397,631 | TotalAssetsBOYAmt |
| Total Assets EOY | $26,775,432 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $26,775,432 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $92,789 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $20,000 | AccountsPayableEOYAmt |
| Grants Payable EOY | $15,000 | GrantsPayableEOYAmt |
| Other Liabilities EOY | $148,630 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $92,789 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $183,630 | TotalLiabilitiesEOYAmt |
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
| Unrestricted BOY | $25,304,842 | UnrestrictedBOYAmt |
| Unrestricted EOY | $26,591,802 | UnrestrictedEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $25,304,842 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $26,591,802 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $25,397,631 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $26,775,432 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $25,304,842 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $599,594 | ExcessRevenueOverExpensesAmt |
| Other Increases | $805,312 | OtherIncreasesAmt |
| Subtotal | $26,709,748 | SubtotalAmt |
| Other Decreases | $117,946 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $26,591,802 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| SEE GOLDMAN SACHS STATEMENTS ATTACHED | P | 2000-01-01 | 2017-12-31 | $3,002,597 | $2,260,425 | $742,172 | $742,172 |
| SEE GOLDMAN SACHS STATEMENTS ATTACHED | P | 2017-01-01 | 2017-12-31 | $1,270,681 | $1,243,165 | $27,516 | $27,516 |
| LIQUIDATION-DIVERSIFIED HEDGE FUND MGRS | P | 2000-01-01 | 2017-12-31 | $746,220 | $746,220 | $746,220 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $1,515,908 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $27,516 | NetShortTermCapitalGainLossAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $1,292,209 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $24,743,425 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.05222 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $1,446,999 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $26,242,565 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.05514 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $904,366 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $26,541,051 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.03407 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $1,240,088 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $24,786,767 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.05003 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $1,052,732 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $22,965,062 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.04584 | DistributionYr5Rt |
| Total Distribution | 0.237308 | TotalDistributionRt |
| Average Distribution | 0.047462 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $26,244,783 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $1,245,630 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $17,364 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $1,262,994 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $1,252,769 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $34,727 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $34,727 | SubtotalAmt |
| Tax Based On Investment Income | $34,727 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $8,973 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $8,973 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $822 | EsPenaltyAmt |
| Tax Due | $26,576 | 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 | Yes (true) | 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 | DE | 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 | intlfoundation.org | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CULLARI CARRICO LLC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 9734063955 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 55 Lane Road Ste 300 | AddressLine1Txt |
| City | Fairfield | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07004 | 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 (7 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|---|---|---|---|
| Letitia Butler | ||||||
| 7350 Hooking Road | McLean | VA | 22101 | Trustee | 15.00 | $25,000 |
| Douglas Walker | ||||||
| PO Box 1655 | New Canaan | CT | 06840 | Trustee | 15.00 | $25,000 |
| Frank H Madden | ||||||
| 54 Linden Court | Spring Lake Heights | NJ | 07762 | Trustee,Pres | 10.00 | $30,000 |
| John D Carrico II CPA | ||||||
| 6 Raynold Road | Mountain Lakes | NJ | 07046 | Manager | 10.00 | $0 |
| Gary Dicovitsky | ||||||
| 3756 Sunset Ridge Road | Altadena | CA | 91001 | Fin Chr/Trustee | 5.00 | $25,000 |
| William M McCormack MD | ||||||
| 77 TIDE RUN | MASHPEE | MA | 02649 | Grts. Chr/Trste | 20.00 | $54,167 |
| Hilda Arellano | ||||||
| 2200 17th Street NW Apt 220 | Washington | DC | 20009 | Trustee | 15.00 | $25,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| CULLARI CARRICO LLC | |||||
| 55 Lane Road Ste 300 | Fairfield | NJ | 07004 | Acctg,Tax,Admin Serv | $112,770 |
| Goldman Sachs & Co | |||||
| One New York Plaza | New York | NY | 10004 | Investment Mgmt | $120,978 |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | NONE | Description1Txt |
| Expenses1 | $0 | Expenses1Amt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $26,527,122 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $117,328 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $26,644,450 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $26,644,450 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $399,667 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $26,244,783 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,312,239 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,312,239 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $34,727 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $34,727 | TotalTaxAmt |
| Distributable Before Adj | $1,277,512 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $1,277,512 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $1,277,512 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,252,769 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $1,252,769 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $1,252,769 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,277,512 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $1,071,402 | UndistributedIncomePYAmt |
| Qualifying Distributions | $1,252,769 | QualifyingDistributionsAmt |
| Applied To Year1 | $1,071,402 | AppliedToYear1Amt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $181,367 | AppliedToCurrentYearAmt |
| Undistributed Income CY | $1,096,145 | UndistributedIncomeCYAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | Dr William McCormack | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 55 Lane Road Suite 300 | AddressLine1Txt |
| City | Fairfield | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07004 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Info And Materials | See foundation's website @ intlfoundation.org | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | None | SubmissionDeadlinesTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | SCHEDULE ATTACHED | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | VARIOUS ADDRESSES | AddressLine1Txt |
| City | VARIOUS CITIES | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07004 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | NONE | RecipientRelationshipTxt |
| Grant Or Contribution Purpose | SEE ATTACHED | GrantOrContributionPurposeTxt |
| Amt | $927,368 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $927,368 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $435,861 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $159,306 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $1,515,908 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER INCOME | Desc |
| Exclusion | 1 | ExclusionCd |
| Exclusion | $10,631 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $2,121,706 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $2,121,706 | 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 | 48 | LineNumberTxt |
| Relationship Statement | Income from investments in securities and gains on sales ofsecurities are the sole sources of funding for the foundation'sgrants program. | RelationshipStatementTxt |
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 (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| Audit | $20,000 | $5,000 | $0 | $15,000 |
| Financial & Administration Services | $112,770 | $28,192 | $0 | $84,578 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | Machinery and Equipment | CategoryOrItemTxt |
| Cost Or Other Basis | $15,051 | CostOrOtherBasisAmt |
| Accumulated Depreciation | $15,051 | AccumulatedDepreciationAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Various | CategoryTxt |
| Legal Fees | $6,581 | LegalFeesAmt |
| Net Investment Income | $2,191 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $4,390 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (3 entries)
| DescDesc | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| INVESTMENT PROCEEDS RECEIVABLE | $2,804,327 | $2,804,327 |
| MISC. RECEIVABLES | $15,000 | |
| OTHER RECEIVABLE | $15,000 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| ADJUSTMENT TO DEFERRED EXCISE TAX LIABILITY | $13,077 |
| ESTABLISH DEFERRED EXCISE TAX LIABILITY | $104,869 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (7 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Insurance | $14,976 | $3,744 | $11,232 |
| Miscellaneous | $3,862 | $966 | $2,896 |
| Office Expense - NJ Office | $2,999 | $749 | $2,250 |
| Payroll Service Expense | $1,331 | $266 | $1,065 |
| Postage - NJ Office | $133 | $33 | $100 |
| Software - Grants | $17,230 | $17,230 | |
| Telephone - NJ Office | $1,728 | $432 | $1,296 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt |
|---|---|
| OTHER INCOME | $10,631 |
| Other Investment Income | $159,306 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| OTHER PRIOR YEAR CORRECTIONS | $9,707 |
| WRITE OFF OLD ACCRUALS | $93,802 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DEFERRED FEDERAL EXCISE TAX | Desc |
| EOY Book Value | $117,946 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Investment Advisory Services | CategoryTxt |
| Amt | $120,978 | Amt |
| Net Investment Income | $120,978 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (4 entries)
| AmtAmt | CategoryCategoryTxt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| $82 | ||
| $40,429 | Federal Excise Tax | |
| $13,077 | Federal Excise Tax - Deferred | |
| $2,337 | Payroll Tax Expense | $2,337 |