REMONDI FAMILY FOUNDATION: Form 990PF, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- REMONDI FAMILY FOUNDATION (EIN 20-8037556)
- Tax period
- 2017-01-01 to 2017-12-31
- Filed
- 2018-11-15
- IRS object ID
- 201823199349101847
- 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
- Depreciation Schedule
- Investments Corp Stock Schedule
- Liquidation Explanation Stmt
- Other Expenses Schedule
- Other Income Schedule2
- Other Notes Loans Rcvbl Long Sch
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2018-11-15T12:59:30-06:00 | ReturnTs |
| Tax Period End | 2017-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foundation Source | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | One Hollow Ln Ste 212 | AddressLine1Txt |
| City | Lake Success | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11042 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2017-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 208037556 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Remondi Family Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % Foundation Source | InCareOfNm |
| Business Name Control | REMO | BusinessNameControlTxt |
| Phone | 8008391754 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Foundation Source 501 Silverside Rd | AddressLine1Txt |
| City | Wilmington | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198091377 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JOHN J REMONDI | PersonNm |
| Person Title | trustee | PersonTitleTxt |
| Phone | 8008391754 | PhoneNum |
| Signature | 2018-11-08 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Jeffrey D Haskell | PreparerPersonNm |
| PTIN | P01345770 | PTIN |
| Phone | 8008391754 | PhoneNum |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 24.187.244.114 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Federal Original Submission Id | 06391520183195000030 | FederalOriginalSubmissionId |
| Federal Original Submission Id | 2018-11-15 | FederalOriginalSubmissionIdDt |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 54CCAE8F7BC02385263C2CCCA723B6609AD4C170 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 259C731B7C7CCB55DA46458F0098BC0D5A2501CB | 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) |
|---|---|---|
| Address Change | Yes (X) | AddressChangeInd |
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $27,131,872 | 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 | $3,901,562 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $5,635 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $5,635 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $194,578 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $194,578 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $2,540,387 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $8,195,250 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $3,151,642 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $453,294 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $433,935 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $7,095,456 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $3,785,790 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Other Prof Fees Rev And Expnss | $30,313 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $30,313 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $15,439 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $839 | TaxesNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $63,471 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Dsbrs Chrtbl | $63,471 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $109,223 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $31,152 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $63,471 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $8,055,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $8,055,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $8,164,223 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $31,152 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $8,118,471 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$1,068,767 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $3,754,638 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $239,597 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $2,752,014 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $2,752,014 | SavAndTempCashInvstEOYFMVAmt |
| Other Nts And Loans Rcvbl | $5,700,000 | OtherNtsAndLoansRcvblAmt |
| Other Nts And Loans Rcvbl BOY | $5,700,000 | OtherNtsAndLoansRcvblBOYAmt |
| Other Nts And Loans Rcvbl EOY | $5,700,000 | OtherNtsAndLoansRcvblEOYAmt |
| Other Nts And Loans Rcvbl EOYFMV | $5,700,000 | OtherNtsAndLoansRcvblEOYFMVAmt |
| Corporate Stock BOY | $15,026,638 | CorporateStockBOYAmt |
| Corporate Stock EOY | $11,445,454 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $18,679,858 | CorporateStockEOYFMVAmt |
| Total Assets BOY | $20,966,235 | TotalAssetsBOYAmt |
| Total Assets EOY | $19,897,468 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $27,131,872 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Retained Earning BOY | $20,966,235 | RetainedEarningBOYAmt |
| Retained Earning EOY | $19,897,468 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $20,966,235 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $19,897,468 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $20,966,235 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $19,897,468 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $20,966,235 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$1,068,767 | ExcessRevenueOverExpensesAmt |
| Subtotal | $19,897,468 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $19,897,468 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | Publicly-traded Securities | PropertyDesc |
| Gross Sales Price | $8,195,250 | GrossSalesPriceAmt |
| Cost Or Other Basis | $5,043,608 | CostOrOtherBasisAmt |
| Gain Or Loss | $3,151,642 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $3,151,642 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $3,151,642 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $2,604,354 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $20,477,728 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.12718 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $2,581,577 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $19,285,132 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.133864 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $593,775 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $16,787,157 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.035371 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $955,246 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $14,773,730 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.064658 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $409,162 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $10,819,406 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.037817 | DistributionYr5Rt |
| Total Distribution | 0.39889 | TotalDistributionRt |
| Average Distribution | 0.079778 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $26,834,172 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $2,140,777 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $37,546 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $2,178,323 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $8,118,471 | 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 | $37,546 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $37,546 | SubtotalAmt |
| Tax Based On Investment Income | $37,546 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $21,600 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $52,061 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $73,661 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Overpayment | $36,115 | OverpaymentAmt |
| Applied To ES Tax | $36,115 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | Yes (true) | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | MA | 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 |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foundation Source | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8008391754 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 501 Silverside Road Suite 123 | AddressLine1Txt |
| City | Wilmington | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198091377 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (6 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 |
|---|---|---|---|---|---|---|---|---|
| Diane Defalco | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Trustee | 1.0 | $0 | $0 | $0 |
| Christopher C Remondi | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Trustee | 1.0 | $0 | $0 | $0 |
| Dorothy A Remondi | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Trustee | 1.0 | $0 | $0 | $0 |
| John J Remondi | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Pres, Trustee | 1.0 | $0 | $0 | $0 |
| John F Remondi | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Trustee | 1.0 | $0 | $0 | $0 |
| Stephen A Remondi | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Trustee | 1.0 | $0 | $0 | $0 |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foundation Source | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 55 Walls Drive | AddressLine1Txt |
| City | Fairfield | CityNm |
| State Abbreviation | CT | StateAbbreviationCd |
| ZIP | 06824 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | Administrative | ServiceTypeTxt |
| Compensation | $62,971 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Summary Of Direct Chrtbl Acty | SummaryOfDirectChrtblActyGrp | |
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $20,449,329 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,093,485 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $5,700,000 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $27,242,814 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $27,242,814 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $408,642 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $26,834,172 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,341,709 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,341,709 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $37,546 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $37,546 | TotalTaxAmt |
| Distributable Before Adj | $1,304,163 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $1,304,163 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $1,304,163 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $8,118,471 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $8,118,471 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $37,546 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $8,080,925 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,304,163 | DistributableAsAdjustedAmt |
| Prior Year1 | 2015 | PriorYear1Yr |
| Prior Year2 | 2014 | PriorYear2Yr |
| Prior Year3 | 2013 | PriorYear3Yr |
| Excess Distribution Cyov Yr2 | $1,189,058 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $1,594,760 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $2,783,818 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $8,118,471 | QualifyingDistributionsAmt |
| Applied To Current Year | $1,304,163 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $6,814,308 | RemainingDistriFromCorpusAmt |
| Total Corpus | $9,598,126 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $9,598,126 | ExcessDistriCyovToNextYrAmt |
| Excess From Year2 | $1,189,058 | ExcessFromYear2Amt |
| Excess From Year1 | $1,594,760 | ExcessFromYear1Amt |
| Excess From Current Year | $6,814,308 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | Dorothy A Remondi | ContributingManagerNm |
| Contributing Manager | John J Remondi | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (24 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| ADOPT-A-STUDENT FOUNDATION | |||||||
| 200 SEAPORT BLVD MAILZONE ZIN | BOSTON | MA | 02210 | N/A | PC | General & Unrestricted | $1,000 |
| ADOPT-A-STUDENT FOUNDATION | |||||||
| 200 SEAPORT BLVD MAILZONE ZIN | BOSTON | MA | 02210 | N/A | PC | The Adopt A Student Endowment Fund | $2,000,000 |
| AMERICAN CANCER SOCIETY | |||||||
| 125 S HUNTINGTON AVE | BOSTON | MA | 02130 | N/A | PC | AstraZeneca Hope Lodge Program | $1,000 |
| ARCHDIOCESE OFFICE OF CHANCELLOR | |||||||
| 66 BROOKS DR | BRAINTREE | MA | 02184 | N/A | PC | For the restoration of the Cathedral of the Holy Cross and for the endowment of Catholic Charities | $1,000,000 |
| BEST BUDDIES INTERNATIONAL INC | |||||||
| 100 SE 2ND ST STE 2200 | MIAMI | FL | 33131 | N/A | PC | General & Unrestricted | $1,500 |
| BIG BROTHERS BIG SISTERS OF MASSACHUSETTS BAY INC | |||||||
| 75 FEDERAL ST 8TH FL | BOSTON | MA | 02110 | N/A | PC | General & Unrestricted | $1,500 |
| BIG BROTHERS BIG SISTERS OF MASSACHUSETTS BAY INC | |||||||
| 75 FEDERAL ST 8TH FL | BOSTON | MA | 02110 | N/A | PC | Casino Night Sponsorship and Annual Fund | $3,000 |
| BROOKWOOD SCHOOL INCORPORATED | |||||||
| 1 BROOKWOOD RD | MANCHESTER | MA | 01944 | N/A | PC | General & Unrestricted | $3,500 |
| BROOKWOOD SCHOOL INCORPORATED | |||||||
| 1 BROOKWOOD RD | MANCHESTER | MA | 01944 | N/A | PC | Annual Fund | $6,500 |
| CATHEDRAL HIGH SCHOOL | |||||||
| 74 UNION PARK ST | BOSTON | MA | 02118 | N/A | PC | General & Unrestricted | $1,500 |
| CATHEDRAL HIGH SCHOOL | |||||||
| 74 UNION PARK ST | BOSTON | MA | 02118 | N/A | PC | Capital Campaign for the Applied Learning Center | $1,000,000 |
| CHILDRENS FRIEND AND SERVICE | |||||||
| 153 SUMMER ST | PROVIDENCE | RI | 02903 | N/A | PC | General & Unrestricted | $5,000 |
| DANA FARBER CANCER INSTITUTE INC | |||||||
| 10 BROOKLINE PL W | BROOKLINE | MA | 02445 | N/A | PC | Jimmy Fund | $1,500 |
| DANA FARBER CANCER INSTITUTE INC | |||||||
| 10 BROOKLINE PL W | BROOKLINE | MA | 02445 | N/A | PC | Jimmy Fund | $1,500 |
| HOMES FOR OUR TROOPS INC | |||||||
| 6 MAIN ST | TAUNTON | MA | 02780 | N/A | PC | General & Unrestricted | $1,000 |
| MARY C WHEELER SCHOOL INC | |||||||
| 216 HOPE ST | PROVIDENCE | RI | 02906 | N/A | PC | General & Unrestricted | $5,000 |
| MASSACHUSETTS GENERAL HOSPITAL | |||||||
| 125 NASHUA ST STE 540 | BOSTON | MA | 02114 | N/A | PC | Gift Fund | $2,000,000 |
| PARTNERS HEALTHCARE SYSTEM INC - THE BRIGHAM AND W | |||||||
| 116 HUNTINGTON AVE 3RD FL | BOSTON | MA | 02116 | N/A | PC | Chair in Neurology, Alzheimer's Prevention Fund, Alzheimer's Research Program | $2,000,000 |
| PERNET FAMILY HEALTH SERVICE INC | |||||||
| 237 MILLBURY ST | WORCESTER | MA | 01610 | N/A | PC | General & Unrestricted | $1,000 |
| SAINT MICHAELS COLLEGE | |||||||
| ONE WINOOSKI PARK BOX 274 | COLCHESTER | VT | 05439 | N/A | PC | General & Unrestricted | $1,000 |
| ST JUDE CHILDRENS RESEARCH HOSPITAL INC | |||||||
| 501 ST JUDES PL | MEMPHIS | TN | 38105 | N/A | PC | General & Unrestricted | $1,500 |
| ST SEBASTIANS SCHOOL INC | |||||||
| 1191 GREENDALE AVE | NEEDHAM | MA | 02492 | N/A | PC | General & Unrestricted | $2,500 |
| TRUSTEES OF TUFTS COLLEGE | |||||||
| 80 GEORGE ST | MEDFORD | MA | 02155 | N/A | PC | School of Engineering ELS program | $10,000 |
| VILLANOVA UNIVERSITY | |||||||
| 800 E LANCASTER AVE | VILLANOVA | PA | 19085 | N/A | PC | General & Unrestricted | $5,500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $8,055,000 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp |
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $5,635 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $194,578 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $433,935 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $2,540,387 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Federal Tax Refund | Desc |
| Exclusion | 01 | ExclusionCd |
| Exclusion | $19,359 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $3,193,894 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $3,193,894 | 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 |
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 | Remondi John J | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 300 Boylston Street Unit 507 | AddressLine1Txt |
| City | Boston | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02116 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $3,901,562 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
| Noncash Contribution | Yes (X) | NoncashContributionInd |
Non Cash Property Contribution NonCashPropertyContributionGrp (3 entries)
| ContributorContributorNum | Noncash PropertyNoncashPropertyDesc | Fair Market ValueFairMarketValueAmt | ReceivedReceivedDt |
|---|---|---|---|
| 1 | FIDELITY SELECT TECHNOLOGY FSPTX, 744.048 sh. | $146,697 | 2017-11-28 |
| 1 | FIDELITY SELECT MEDICAL FSMEX, 2306.273 sh. | $110,401 | 2017-11-28 |
| 1 | FIDELITY SELECT SEMICONDUCTORS FSELX, 1112.718 sh. | $144,464 | 2017-11-28 |
Depreciation Schedule DepreciationSchedule
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (66 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| ABIOMED | $16,366 | $121,817 |
| ACLARIS THERAPEUTICS INC | $185,090 | $162,460 |
| AGROFRESH SOLUTIONS INC | $34,671 | $92,500 |
| AIR CANADA VAR VTG SHS NPV | $14,465 | $103,276 |
| ALIBABA GROUP HOLDING LTD | $3,229,633 | $6,444,570 |
| ALLY FINANCIAL INC | $62,141 | $103,518 |
| ALPHABET INC CL A | $88,934 | $99,020 |
| AMAZON COM | $67,698 | $101,744 |
| ANALOG DEVICES INC | $12,881 | $38,461 |
| ANIKA THERAPEUTICS INC | $14,028 | $63,344 |
| APPLE INC | $35,650 | $97,307 |
| ARTISAN INTERNATIONAL VALUE FU | $215,855 | $276,770 |
| BANK OF AMERICA CORP | $46,284 | $100,368 |
| BBH CORE SELECT FUND CLASS N | $528,340 | $585,106 |
| BLACK KNIGHT, INC | $7,216 | $32,141 |
| BLUEPRINT MEDICINES CORPORATIO | $107,797 | $329,240 |
| BOSTON SCIENTIFIC | $19,167 | $68,173 |
| BROADRIDGE FINANCIAL | $21,321 | $86,051 |
| CANNAE HOLDINGS INC | $3,437 | $13,471 |
| CARROLS RESTAURANT GROUP, INC | $34,198 | $78,975 |
| CASELLA WASTE SYSTEMS INC | $22,565 | $123,157 |
| CAUSEWAY INTERNATIONAL VALUE F | $291,286 | $395,974 |
| DOVER CORP | $44,657 | $458,349 |
| DOWDUPONT INC | $98,015 | $99,708 |
| FACEBOOK INC | $41,737 | $97,053 |
| FIDELITY ADVISOR NEW INSIGHTS | $59,437 | $117,564 |
| FIDELITY EMERGING MARKETS | $206,537 | $297,342 |
| FIDELITY GROWTH COMPANY | $78,409 | $86,906 |
| FIDELITY INTL CAP APPRECIATION | $175,694 | $238,200 |
| FIDELITY NATIONAL FINANCIAL IN | $19,450 | $93,195 |
| FIDELITY OVERSEAS FUND | $146,694 | $159,101 |
| FIDELITY SELECT BIOTECHNOLOGY | $381,730 | $359,735 |
| FIDELITY SELECT MEDICAL | $116,275 | $106,972 |
| FIDELITY SELECT SEMICONDUCTORS | $158,837 | $138,626 |
| FIDELITY SELECT TECHNOLOGY | $154,125 | $140,413 |
| FIDELITY STOCK SELECTOR ALL CA | $532,355 | $822,747 |
| FINANCIAL SELECT SECTOR SPDR F | $184,052 | $282,393 |
| FIRST REPUBLIC BANK | $69,135 | $88,051 |
| FLEXSHARES GLOBAL UPSTREAM NAT | $78,909 | $90,516 |
| FRANKLIN INTERNATIONAL SMALLER | $15,357 | $18,933 |
| HAEMONETICS CP | $9,128 | $413,413 |
| HASBRO INC | $16,559 | $42,718 |
| HUNTINGTON BANCSHARES INC | $25,841 | $101,920 |
| ISHARES RUSSELL MIDCAP VALUE | $134,136 | $133,992 |
| ISHARES S&P SMALLCAP 600 GROWT | $48,010 | $61,254 |
| ISHARES S&P SMALLCAP 600 VALUE | $69,208 | $97,978 |
| JANUS ENTERPRISE FUND CLASS T | $123,367 | $131,873 |
| JOHNSON & JOHNSON | $45,547 | $97,804 |
| KEYCORP | $33,042 | $107,910 |
| LENNAR CORP | $98,807 | $107,508 |
| MICROSOFT CORP | $30,022 | $29,939 |
| MSIF FRONTIER EMERGING MKTS PO | $44,439 | $53,107 |
| NAVIENT CORPORATION | $603,603 | $515,786 |
| NISOURCE INC | $5,224 | $20,023 |
| OPPENHEIMER DEVELOPING MARKETS | $252,619 | $379,567 |
| PRIMO WATER CORPORATION | $98,794 | $98,989 |
| REGIONS FINANCIAL CORP | $35,126 | $109,296 |
| SUN COMMUNITIES INC | $3,391 | $17,350 |
| T ROWE PRICE INTERNATIONAL FUN | $163,008 | $207,677 |
| T ROWE PRICE OVERSEAS | $270,592 | $364,231 |
| T. ROWE PRICE INTERNATIONAL DI | $64,100 | $83,333 |
| VANGUARD GROWTH ETF | $649,978 | $912,256 |
| VANGUARD VALUE ETF | $789,886 | $1,066,921 |
| WISDOMTREE INDIA | $98,891 | $103,704 |
| WISDOMTREE JAPAN HEDGED EQUITY | $75,701 | $88,995 |
| XPO LOGISTICS INC | $36,007 | $119,067 |
Liquidation Explanation Stmt LiquidationExplanationStmt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | As explained below, the Foundation has no plans for dissolution. This statement is submitted to report the distribution of certain assets during the year. The distributions resulted in a substantial contraction of assets. The following information is submitted in accordance with Treasury Regulation Section 1.6043-3(a)(1) and the Form 990-PF instructions: During the taxable year ending December 31, 2017, the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled $8,055,000. This amount represents over 25% of the Foundation's net assets of $23,902,368 (as measured by fair market value) at the beginning of the Foundation's taxable year ending December 31, 2017. Although the Foundation technically experienced a substantial contraction, it will continue in existence and has no plans for dissolution. The Foundation made distributions of cash to the grantees listed in the attachment to Part XV, Line 3a; each such grant was made solely for the charitable purpose specified therein. | ExplanationTxt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| Administrative Fees | $62,971 | $62,971 |
| State or Local Filing Fees | $500 | $500 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| Federal Tax Refund | $19,359 | |
| Interest Income from Notes Receivable | $433,935 | $433,935 |
Other Notes Loans Rcvbl Long Sch OtherNotesLoansRcvblLongSch
Other Notes Loans Rcvbl Long OtherNotesLoansRcvblLongGrp (4 entries)
| Loan OriginalLoanOriginalAmt | Balance DueBalanceDueAmt | NoteNoteDt | Loan MaturityLoanMaturityDt | InterestInterestRt |
|---|---|---|---|---|
| FMR LLC | ||||
| $100,000 | $100,000 | 2011-02 | 2035-12 | 10. |
| FMR LLC | ||||
| $100,000 | $100,000 | 2012-02 | 2036-12 | 10. |
| FMR LLC | ||||
| $900,000 | $900,000 | 2008-04 | 2032-12 | 10. |
| FMR LLC | ||||
| $4,600,000 | $4,600,000 | 2006-12 | 2036-12 | 7. |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Investment Management Services | CategoryTxt |
| Amt | $30,313 | Amt |
| Net Investment Income | $30,313 | NetInvestmentIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| 990-PF Estimated Tax for 2017 | $14,300 | |
| 990-T 1st Extension for 2016 | $300 | |
| Foreign Tax Paid | $839 | $839 |