SCHOOR FAMILY FOUNDATION INC: Form 990PF, tax year 2016

View the entire original 990 at ProPublica ↗

Organization: SCHOOR FAMILY FOUNDATION INC (EIN 20-0514639)
Tax period: 2016-11-01 to 2017-10-31
Filed: 2018-09-17
IRS object ID: 201822609349100017
Schema version: 2016v3.0
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
Investments Corp Bonds Schedule
Investments Corp Stock Schedule
Investments Govt Obligations Sch
Other Expenses Schedule
Other Professional Fees Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2018-09-17T11:53:20-05:00	ReturnTs
Tax Period End	2017-10-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	113518842	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	MARKS PANETH LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	88 FROEHLICH FARM BLVD	AddressLine1Txt
City	WOODBURY	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	11797	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2016-11-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	200514639	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	THE SCHOOR FAMILY FOUNDATION INC	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	SCHO	BusinessNameControlTxt
Phone	9735779833	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	655 PARK AVENUE NO 2	AddressLine1Txt
City	FREEHOLD	CityNm
State Abbreviation	NJ	StateAbbreviationCd
ZIP	07728	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	HOWARD SCHOOR	PersonNm
Person Title	PRESIDENT	PersonTitleTxt
Phone	9735779833	PhoneNum
Signature	2018-09-17	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	MORDECAI LERER	PreparerPersonNm
PTIN	P00490856	PTIN
Phone	5169925900	PhoneNum
Preparation	2018-09-17	PreparationDt

Field	Value	IRS element (for citing)
Tax	2016	TaxYr
Build TS	2022-09-23 18:48:47Z	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	$706,468	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
Dividends Rev And Expnss	$31,870	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$31,870	DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss	$17,606	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$179,585	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$17,606	CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss	$49,476	TotalRevAndExpnssAmt
Total Net Invst Incm	$49,476	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	$5,500	AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm	$2,750	AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps	$2,750	AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss	$7,154	OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm	$6,955	OtherProfFeesNetInvstIncmAmt
Other Prof Fees Dsbrs Chrtbl	$200	OtherProfFeesDsbrsChrtblAmt
Taxes Rev And Expnss	$401	TaxesRevAndExpnssAmt
Taxes Net Invst Incm	$401	TaxesNetInvstIncmAmt
Taxes Dsbrs Chrtbl	$0	TaxesDsbrsChrtblAmt
Other Expenses Rev And Expnss	$150	OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm	$150	OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl	$0	OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss	$13,205	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$10,256	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$2,950	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$68,550	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$68,550	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$81,755	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$10,256	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$71,500	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	-$32,279	ExcessRevenueOverExpensesAmt
Net Investment Income	$39,220	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Sav And Temp Cash Invst BOY	$17,239	SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY	$25,772	SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV	$25,776	SavAndTempCashInvstEOYFMVAmt
US Government Obligations BOY	$437,366	USGovernmentObligationsBOYAmt
US Government Obligations EOY	$388,243	USGovernmentObligationsEOYAmt
US Govt Obligations EOYFMV	$398,362	USGovtObligationsEOYFMVAmt
Corporate Stock BOY	$249,537	CorporateStockBOYAmt
Corporate Stock EOY	$247,082	CorporateStockEOYAmt
Corporate Stock EOYFMV	$266,512	CorporateStockEOYFMVAmt
Corporate Bonds BOY	$18,440	CorporateBondsBOYAmt
Corporate Bonds EOY	$29,206	CorporateBondsEOYAmt
Corporate Bonds EOYFMV	$15,818	CorporateBondsEOYFMVAmt
Total Assets BOY	$722,582	TotalAssetsBOYAmt
Total Assets EOY	$690,303	TotalAssetsEOYAmt
Total Assets EOYFMV	$706,468	TotalAssetsEOYFMVAmt
Total Liabilities BOY	$0	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	$722,582	RetainedEarningBOYAmt
Retained Earning EOY	$690,303	RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY	$722,582	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$690,303	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$722,582	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$690,303	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$722,582	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	-$32,279	ExcessRevenueOverExpensesAmt
Other Increases	$0	OtherIncreasesAmt
Subtotal	$690,303	SubtotalAmt
Other Decreases	$0	OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY	$690,303	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (64 entries)

PropertyPropertyDesc	AcquiredAcquiredDt	SoldSoldDt	Gross Sales PriceGrossSalesPriceAmt	Cost Or Other BasisCostOrOtherBasisAmt	Gain Or LossGainOrLossAmt	Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt	How AcquiredHowAcquiredCd
66 SHS GLAXO SMITHKLINE PLC	2013-06-28	2016-11-16	$2,544	$3,309	-$765	-$765
41 SHS MERCK & CO INC.	2013-06-28	2016-11-16	$2,583	$1,926	$657	$657
10,000 SHS NEW JERSEY ECONOMIC DEV AUTH	2015-08-26	2017-02-01	$10,560	$10,470	$90	$90
35 SHS KRAFT HEINZ CO	2013-06-28	2017-02-17	$3,283	$1,909	$1,374	$1,374
31 SHS PROCTOR & GAMBLE	2013-06-28	2017-02-13	$2,726	$2,508	$218	$218
97 SHS UNILEVER PLC AMER	2013-06-28	2017-02-17	$4,514	$4,103	$411	$411
17 SHS ALTRIA GROUP PLC	2013-06-28	2017-03-22	$1,282	$602	$680	$680
32 SHS JOHNSON & JOHNSON	2013-06-28	2017-03-22	$4,053	$2,798	$1,255	$1,255
11 SHS KIMBERLY CLARK CORP	2013-06-28	2017-03-22	$1,461	$1,026	$435	$435
12 SHS MCDONALDS CORP	2013-06-28	2017-03-22	$1,547	$1,194	$353	$353
10,000 SHS ILLINOIS ST SR B	2016-04-12	2017-04-19	$10,202	$10,251	-$49	-$49
12 SHS PHILIP MORRIS INTL	2013-06-28	2017-04-06	$1,351	$1,050	$301	$301
16 SHS PROCTER & GAMBLE	2013-06-28	2017-04-06	$1,432	$1,307	$125	$125
85 SHS SOUTHERN CO.	2013-06-28	2017-04-12	$4,230	$3,743	$487	$487
20,000 SHS COMMONWEALTH OF MA	2016-08-24	2017-05-22	$20,000	$20,000	$0	$0
15,000 SHS HAWAII ST SR DZ	2015-08-10	2017-05-17	$16,851	$16,761	$90	$90
25,000 SHS MARYLAND ST	2015-08-13	2017-05-22	$29,419	$28,767	$652	$652
20 SHS ASTRAZENECA PLC	2016-07-25	2017-05-16	$688	$622	$66	$66
8 SHS CROWN CASTLE INTL CORP	2016-05-18	2017-05-16	$771	$722	$49	$49
85 SHS NOVARTIS AG	2013-06-28	2017-05-19	$6,873	$6,375	$498	$498
9 SHS OCCIDENTAL PETROLEUM CRP	2016-10-24	2017-05-16	$549	$668	-$119	-$119
5 SHS PUBLIC SERVICE ENTERPRISE GROUP	2017-04-06	2017-05-16	$216	$222	-$6	-$6
17 SHS ABBVIE INC.	2016-01-07	2017-05-16	$1,133	$968	$165	$165
15 SHS ALTRIA GROUP INC.	2013-06-28	2017-05-16	$1,067	$531	$536	$536
4 SHS AMER ELECTRIC POWER CO	2013-06-28	2017-05-16	$273	$180	$93	$93
28 SHS AT&T INC	2013-06-28	2017-05-16	$1,077	$995	$82	$82
22 SHS BCE INC	2013-06-28	2017-05-16	$988	$910	$78	$78	P
15 SHS BP PLC	2013-06-28	2017-05-16	$545	$627	-$82	-$82	P
6 SHS CHEVRON	2013-06-28	2017-05-16	$644	$644	$0	$0	P
23 SHS COCA COLA	2013-06-28	2017-05-16	$1,010	$928	$82	$82	P
4 SHS CONS EDISON CO	2016-01-08	2017-05-16	$318	$266	$52	$52	P
10 SHS DOMINION ENERGY	2013-06-28	2017-05-16	$777	$570	$207	$207	P
10 SHS DUKE ENERGY	2013-06-28	2017-05-16	$835	$677	$158	$158	P
11 SHS EXXON MOBIL CORP	2015-08-31	2017-05-16	$911	$830	$81	$81	P
4 SHS GENL MILLS INC.	2014-11-03	2017-05-16	$224	$210	$14	$14	P
14 SHS GLAXO SMITHKLINE PLC	2013-06-28	2017-05-16	$610	$610	$0	$0	P
4 SHS KIMBERLY CLARK CORP	2013-06-28	2017-05-16	$513	$373	$140	$140	P
35 SHS MCDONALDS CORP	2013-06-28	2017-05-16	$4,966	$3,495	$1,471	$1,471	P
10 SHS MERCK & CO	2013-06-28	2017-05-16	$633	$470	$163	$163	P
12 SHS NATIONAL GRID PLC	2013-06-28	2017-05-16	$815	$681	$134	$134	P
.25 SHS NATIONAL GRID PLC	2013-06-28	2017-05-16	$18	$15	$3	$3	P
3 SHS PEPSICO INC.	2013-06-28	2017-05-16	$342	$246	$96	$96	P
11 SHS PHILIP MORRIS INTL	2013-06-28	2017-05-16	$1,251	$963	$288	$288	P
17 SHS PPL CORP	2013-06-28	2017-05-16	$657	$481	$176	$176	P
6 SHS PROCTER & GAMBLE CO	2014-07-16	2017-05-16	$521	$487	$34	$34	P
5 SHS REALTY INCOME CORP	2013-07-08	2017-05-16	$267	$207	$60	$60	P
22 SHS SANOFI SPON	2015-01-07	2017-05-16	$1,102	$970	$132	$132	P
8 SHS SOUTHERN CO	2013-06-28	2017-05-16	$398	$352	$46	$46	P
7 VENTAS INC.	2013-09-17	2017-05-16	$457	$385	$72	$72	P
22 SHS VERIZON COMMUNICATIONS	2013-06-28	2017-05-16	$1,001	$1,001	$0	$0	P
40 SHS VODAFONE GROUP PLC	2013-06-28	2017-05-16	$1,146	$2,107	-$961	-$961	P
7 SHS WELLTOWER INC REIT	2013-06-28	2017-05-16	$503	$465	$38	$38	P
13 SHS MCDONALDS CORP	2013-06-28	2017-06-12	$1,956	$1,307	$649	$649	P
7 SHS PHILIP MORRIS INTL	2013-06-28	2017-06-12	$832	$604	$228	$228	P
40 SHS SANOFI SPON	2013-06-28	2017-06-12	$1,928	$1,705	$223	$223	P
1 SH MCDONALDS CORP	2016-10-13	2017-07-19	$154	$115	$39	$39	P
17 SHS MCDONALDS CORP	2013-06-28	2017-07-19	$2,627	$1,741	$886	$886	P
59 SHS SANOFI SPON ADR	2013-06-28	2017-07-19	$2,819	$2,369	$450	$450	P
25 SHS MCDONALDS CORP	2013-06-28	2017-08-08	$3,886	$2,893	$993	$993	P
17 SHS ABBVIE INC.	2016-01-07	2017-07-27	$1,214	$968	$246	$246	P
21 SHS MERCK & CO	2013-06-28	2017-07-27	$1,341	$986	$355	$355	P
30 SHS ABBVIE INC	2013-06-28	2017-09-22	$2,607	$1,704	$903	$903	P
59 SHS ABBVIE INC	2016-02-03	2017-10-24	$5,461	$3,263	$2,198	$2,198	P
53 SHS SANOFI SPON	2016-04-14	2017-10-24	$2,623	$2,347	$276	$276	P

Field	Value	IRS element (for citing)
Capital Gain Net Income	$17,606	CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

Field	Value	IRS element (for citing)
Liable Section4942 Tax	0	LiableSection4942TaxInd
Adjusted Qlfy Distri Yr1	$34,839	AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1	$749,637	NetVlNoncharitableAssetsYr1Amt
Distribution Yr1	0.046474	DistributionYr1Rt
Adjusted Qlfy Distri Yr2	$27,217	AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2	$746,776	NetVlNoncharitableAssetsYr2Amt
Distribution Yr2	0.036446	DistributionYr2Rt
Adjusted Qlfy Distri Yr3	$28,838	AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3	$758,240	NetVlNoncharitableAssetsYr3Amt
Distribution Yr3	0.038033	DistributionYr3Rt
Adjusted Qlfy Distri Yr4	$41,140	AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4	$746,995	NetVlNoncharitableAssetsYr4Amt
Distribution Yr4	0.055074	DistributionYr4Rt
Adjusted Qlfy Distri Yr5	$30,744	AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5	$731,898	NetVlNoncharitableAssetsYr5Amt
Distribution Yr5	0.042006	DistributionYr5Rt
Total Distribution	0.218033	TotalDistributionRt
Average Distribution	0.043607	AverageDistributionRt
Net Vl Noncharitable Assets	$726,547	NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets	$31,683	AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct	$392	NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct	$32,075	AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions	$71,500	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	$392	InvestmentIncomeExciseTaxAmt
Tax Under Section511	$0	TaxUnderSection511Amt
Subtotal	$392	SubtotalAmt
Subtitle A Tax	$0	SubtitleATaxAmt
Tax Based On Investment Income	$392	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$849	EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits	$849	TotalPaymentsAndCreditsAmt
Overpayment	$457	OverpaymentAmt
Applied To ES Tax	$457	AppliedToESTaxAmt
Refund	$0	RefundAmt

Statements Regarding Acty StatementsRegardingActyGrp

Field	Value	IRS element (for citing)
Legislative Political Acty	0	LegislativePoliticalActyInd
More Than100 Spent	0	MoreThan100SpentInd
Form1120 POL Filed	0	Form1120POLFiledInd
Section4955 Organization Tax	$0	Section4955OrganizationTaxAmt
Section4955 Managers Tax	$0	Section4955ManagersTaxAmt
Tax Reimbursed	$0	TaxReimbursedAmt
Activities Not Previously Rpt	0	ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws	0	ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit	0	UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc	0	OrganizationDissolvedEtcInd
Section508e Rqr Satisfied	Yes (1)	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (1)	AtLeast5000InAssetsInd
Org Report Or Register State	NJ	OrgReportOrRegisterStateCd
Form990 PF Filed With Atty Gen	Yes (1)	Form990PFFiledWithAttyGenInd
Private Operating Foundation	0	PrivateOperatingFoundationInd
New Substantial Contributors	0	NewSubstantialContributorsInd
Own Controlled Entity	0	OwnControlledEntityInd
Donor Advised Fund	0	DonorAdvisedFundInd
Comply With Public Insp Rqr	Yes (1)	ComplyWithPublicInspRqrInd
Website Address	N/A	WebsiteAddressTxt
Individual With Books	BARBARA K SCHOOR	IndividualWithBooksNm
Phone	7325779833	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	655 PARK AVENUE SUITE 2	AddressLine1Txt
City	FREEHOLD	CityNm
State Abbreviation	NJ	StateAbbreviationCd
ZIP	07728	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 (4 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
HOWARD M SCHOOR
PO BOX 7305	FREEHOLD	NJ	07728	PRESIDENT AND TRUSTEE	1.00	$0	$0	$0
BARBARA K SCHOOR
PO BOX 7305	FREEHOLD	NJ	07728	SECRETARY AND TRUSTEE	0.25	$0	$0	$0
DEBRA SCOTT
PO BOX 7305	FREEHOLD	NJ	07728	TREASURER AND TRUSTEE	4.00	$0	$0	$0
JAMES J SERPICO
PO BOX 7305	FREEHOLD	NJ	07728	VICE PRESIDENT AND TRUSTEE	0.25	$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	$703,406	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$34,205	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$737,611	TotalFMVOfUnusedAssetsAmt
Reduction Claimed	$0	ReductionClaimedAmt
Acquisition Indebtedness	$0	AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast	$737,611	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$11,064	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$726,547	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$36,327	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$36,327	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$392	TaxBasedOnInvestmentIncomeAmt
Total Tax	$392	TotalTaxAmt
Distributable Before Adj	$35,935	DistributableBeforeAdjAmt
Recoveries Qualfied Distri	$0	RecoveriesQualfiedDistriAmt
Distributable Before Ded	$35,935	DistributableBeforeDedAmt
Deduction From Distributable	$0	DeductionFromDistributableAmt
Distributable As Adjusted	$35,935	DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$71,500	ExpensesAndContributionsAmt
Program Related Invst Total	$0	ProgramRelatedInvstTotalAmt
Qualifying Distributions	$71,500	QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm	$392	PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri	$71,108	AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$35,935	DistributableAsAdjustedAmt
Undistributed Income PY	$20,608	UndistributedIncomePYAmt
Total For Prior Years	$0	TotalForPriorYearsAmt
Total Excess Distribution Cyov	$0	TotalExcessDistributionCyovAmt
Qualifying Distributions	$71,500	QualifyingDistributionsAmt
Applied To Year1	$20,608	AppliedToYear1Amt
Applied To Prior Years	$0	AppliedToPriorYearsAmt
Treated As Distri From Corpus	$0	TreatedAsDistriFromCorpusAmt
Applied To Current Year	$35,935	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$14,957	RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus	$0	ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY	$0	ExcessDistributionCyovAppCYAmt
Total Corpus	$14,957	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	$14,957	ExcessDistriCyovToNextYrAmt
Excess From Current Year	$14,957	ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (14 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	PC	CHARITABLE GIFT	$500
AMERICAN CANCER SOCIETY
250 WILLIAMS STREET NW	ATLANTA	GA	30303	NONE	PC	CHARITABLE GIFT	$1,000
AMERICAN HEART ASSOCIATION
100 SOUTH JEFFERSON ROAD SUITE 200	WHIPPANY	NJ	07981	NONE	PC	CHARITABLE GIFT	$10,000
BETHEL WOODS CENTER FOR ARTS
PO BOX 222	LIBERTY	NY	12754	NONE	PC	CHARITABLE GIFT	$1,000
COLLIER SERVICES FOUNDATION INC
160 CONOVER ROAD	WICKATUNK	NJ	07765	NONE	PC	CHARITABLE GIFT	$10,000
COLLIER YOUTH SERVICES
PO BOX 300	WICKATUNK	NJ	07765	NONE	PC	CHARITABLE GIFT	$2,500
DAN ERIC OLSEN FOUNDATION
40 PAAG CIRCLE	LITTLE SILVER	NJ	07739	NONE	PC	CHARITABLE GIFT	$500
FAIR SHARE HOUSING CENTER
510 PARK BOULEVARD	CHERRY HILL	NJ	08002	NONE	PC	CHARITABLE GIFT	$100
JUVENILE DIABETES RESEARCH FOUNDATION
200 CONNECTICUT AVE	NORWALK	CT	06854	NONE	PC	CHARITABLE GIFT	$150
LAFAYETTE COLLEGE
730 HIGH ST	EASTON	PA	18042	NONE	PC	CHARITABLE GIFT	$35,000
MULTIPLE SCLEROSIS SOCIETY
ASPEN CORPORATE PARK 1 1480 US	WOODBRIDGE	NJ	07095	NONE	PC	CHARITABLE GIFT	$2,500	HIGHWAY 9 NORTH SUITE 301
TEMPLE BETH SHALOM
108 FREEHOLD ROAD	MANALAPAN	NJ	07726	NONE	PC	CHARITABLE GIFT	$5,000
LEUKEMIA & LYMPHOMA FOUNDATION
3 INTERNATIONAL DRIVE SUITE 200	RYE BROOK	NY	10573	NONE	PC	CHARITABLE GIFT	$100
MILLSTONE TOWNSHIP FIRST AID SQUAD
PO BOX 190	PERRINEVILLE	NJ	08535	NONE	PC	CHARITABLE GIFT	$200

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$68,550	TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut	$0	TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$31,870	ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Exclusion	18	ExclusionCd
Exclusion	$17,606	ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Unrelated Business Taxbl Incm	$0	UnrelatedBusinessTaxblIncmAmt
Exclusion	$49,476	ExclusionAmt
Related Or Exempt Function Incm	$0	RelatedOrExemptFunctionIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$49,476	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	0	RelationshipsNonchrtblEOInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Field	Value	IRS element (for citing)
Category	ACCOUNTING FEES	CategoryTxt
Amt	$5,500	Amt
Net Investment Income	$2,750	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$2,750	DisbursementsCharitablePrpsAmt

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp

Field	Value	IRS element (for citing)
Bond	VERISK ANALYTICS INC NTS 4.125% MATURES 9/12/22	BondNm
EOY Book Value	$29,206	EOYBookValueAmt
EOYFMV	$15,818	EOYFMVAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (40 entries)

StockStockNm	EOY Book ValueEOYBookValueAmt	EOYFMVEOYFMVAmt
ABBVIE INC COM	$5,029	$7,311
ALTRIA GROUP INC	$8,123	$11,881
AMER ELECTRIC POWER CO	$2,113	$3,497
ASTRAZENECA PLC SPON ADR	$8,107	$8,970
AT&T INC	$13,284	$12,585
BCE INC NEW CAD	$11,401	$11,494
BP PLC SPON ADR	$7,282	$7,239
CDN IMPERIAL BK COMM CANADA	$4,724	$4,755
CHEVRON CORP	$9,840	$10,198
COCA COLA CO	$10,427	$11,357
CONS EDISON CO (HOLDING CO)	$2,590	$3,356
CROWN CASTLE INTL CORP REIT	$8,419	$9,851
DOMINION ENERGY INC	$8,375	$10,305
DUKE ENERGY CORP	$7,229	$9,361
EXXON MOBIL CORP	$8,738	$9,585
GENL MILLS INC	$5,241	$4,984
GLAZO SMITHKLINE PLC ADR	$11,256	$8,816
JOHNSON & JOHNSON	$0	$0
KIMBERLY CLARK CORP	$3,732	$4,500
KRAFT HEINZ	$0	$0
MERCK & CO INC NEW	$5,168	$5,674
NATIONAL GRID PLC	$9,072	$8,547
NOVARTIS AG SPON ADR	$0	$0
OCCIDENTAL PETROLEUM CRP	$8,238	$7,878
PEPSICO INC	$2,216	$2,976
PHILIP MORRIS INTL INC	$8,864	$11,301
PPL CORP	$5,406	$6,873
PROCTER & GAMBLE CO	$5,121	$5,871
PUBLIC STORAGE REIT	$5,161	$5,181
PUBLIC SERVICE ENTERPRSE GROUP INC	$3,443	$3,788
REALTY INCOME CORP	$1,777	$2,308
SANOFI SPON	$4,702	$5,248
SOUTHERN CO	$3,700	$4,385
TOTAL S.A. FRANCE SPON ADR	$7,340	$7,912
UNITED PARCEL SERVICE INC	$2,694	$2,821
UNILEVER PLC AMERI	$0	$0
VENTAS INC	$4,206	$4,644
VERIZON COMMUNICATIONS INC	$14,167	$14,026
VODAFONE GROUP PLC	$15,476	$12,548
WELLTOWER INC REIT	$4,421	$4,486

Investments Govt Obligations Sch InvestmentsGovtObligationsSch

Field	Value	IRS element (for citing)
US Govt Obligations Book Vl EOY	$0	USGovtObligationsBookVlEOYAmt
US Govt Obligations EOYFMV	$0	USGovtObligationsEOYFMVAmt
State Local Sec Book Vl EOY	$388,243	StateLocalSecBookVlEOYAmt
State Local Sec EOYFMV	$398,362	StateLocalSecEOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp

Field	Value	IRS element (for citing)
Desc	BANK CHARGES	Desc
Revenue And Expenses Per Books	$150	RevenueAndExpensesPerBooksAmt
Net Investment Income	$150	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$0	DisbursementsCharitablePrpsAmt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
INVESTMENT ADVISORY FEES	$6,955	$6,955	$0
MISCELLANEOUS EXPENSES	$199	$0	$200

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

Field	Value	IRS element (for citing)
Category	FOREIGN TAXES	CategoryTxt
Amt	$401	Amt
Net Investment Income	$401	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$0	DisbursementsCharitablePrpsAmt