RM2 FOUNDATION: Form 990PF, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- RM2 FOUNDATION (EIN 05-0494286)
- Tax period
- 2016-12-01 to 2017-11-30
- Filed
- 2018-10-15
- IRS object ID
- 201802899349100100
- 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
- Schedule B
- Depreciation Schedule
- Investments Corp Stock Schedule
- Investments Land Schedule2
- Other Expenses Schedule
- Other Increases Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2018-10-15T17:47:24-05:00 | ReturnTs |
| Tax Period End | 2017-11-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 050373793 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | OCEAN STATE JOBBERS INC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 375 COMMERCE PARK ROAD | AddressLine1Txt |
| City | NORTH KINGSTOWN | CityNm |
| State Abbreviation | RI | StateAbbreviationCd |
| ZIP | 02852 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2016-12-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 050494286 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RM2 FOUNDATION | BusinessNameLine1Txt |
| Business Name Line2 | C/O MARC PERLMAN | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | RM2F | BusinessNameControlTxt |
| Phone | 4012952672 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 375 COMMERCE PARK ROAD | AddressLine1Txt |
| City | NORTH KINGSTOWN | CityNm |
| State Abbreviation | RI | StateAbbreviationCd |
| ZIP | 02852 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MARC PERLMAN | PersonNm |
| Person Title | TRUSTEE | PersonTitleTxt |
| Phone | 4012952672 | PhoneNum |
| Signature | 2018-10-09 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | OCEAN STATE JOBBERS INC | PreparerPersonNm |
| PTIN | P01507007 | PTIN |
| Phone | 4012952672 | PhoneNum |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 104.129.194.81 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2018-10-09 | IPDt |
| IP Tm | 17:21:51 | IPTm |
| IP Timezone | ED | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 42BF983918EAA5F35135E702610CFFAE69B98567 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 579D7EDBC9DAE141FF075587B01A0F0724A7871F | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2016 | TaxYr |
| Build TS | 2018-06-14 16:35:46Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $2,237,426 | 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 | $353,592 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $214 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $214 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $14,572 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $14,572 | DividendsNetInvstIncmAmt |
| Gross Rents Rev And Expnss | $179,703 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $179,703 | GrossRentsNetInvstIncmAmt |
| Net Rental Income Or Loss | $87,572 | NetRentalIncomeOrLossAmt |
| Net Gain Sale Ast Rev And Expnss | $47,660 | NetGainSaleAstRevAndExpnssAmt |
| Cap Gain Net Incm Net Invst Incm | $47,660 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $595,741 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $242,149 | 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 |
| Taxes Rev And Expnss | $153 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $72,908 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $72,908 | DeprecAndDpltnNetInvstIncmAmt |
| Occupancy Rev And Expnss | $5,096 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $5,096 | OccupancyNetInvstIncmAmt |
| Occupancy Dsbrs Chrtbl | $0 | OccupancyDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $14,427 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $14,127 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $300 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $92,584 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $92,131 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $300 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $783,221 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $783,221 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $875,805 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $92,131 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $783,521 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$280,064 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $150,018 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $15,813 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $19,902 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $19,902 | SavAndTempCashInvstEOYFMVAmt |
| Prepaid Expenses BOY | $9,434 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $1,489 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $1,489 | PrepaidExpensesEOYFMVAmt |
| Corporate Stock BOY | $629,423 | CorporateStockBOYAmt |
| Corporate Stock EOY | $478,109 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $746,302 | CorporateStockEOYFMVAmt |
| Invst Land Cost Or Other Basis | $1,718,837 | InvstLandCostOrOtherBasisAmt |
| Invst Land Accum Depreciation | $249,104 | InvstLandAccumDepreciationAmt |
| Land Bldg Investments BOY | $1,542,641 | LandBldgInvestmentsBOYAmt |
| Land Bldg Investments EOY | $1,469,733 | LandBldgInvestmentsEOYAmt |
| Land Bldg Investments EOYFMV | $1,469,733 | LandBldgInvestmentsEOYFMVAmt |
| Total Assets BOY | $2,197,311 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,969,233 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $2,237,426 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | $2,057,171 | CapitalStockBOYAmt |
| Capital Stock EOY | $2,057,171 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | -$341,215 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | -$341,215 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $481,355 | RetainedEarningBOYAmt |
| Retained Earning EOY | $253,277 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $2,197,311 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $1,969,233 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $2,197,311 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $1,969,233 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $2,197,311 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$280,064 | ExcessRevenueOverExpensesAmt |
| Other Increases | $51,986 | OtherIncreasesAmt |
| Subtotal | $1,969,233 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $1,969,233 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|
| VANGUARD | P | $4,166 | $4,166 |
| VANGUARD | P | $43,494 | $43,494 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $47,660 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $2,004,825 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $2,638,194 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.759923 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $293,935 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $4,206,759 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.069872 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $1,246,128 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $3,641,724 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.342181 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $205,538 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $2,163,412 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.095006 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $75,314 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $397,117 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.189652 | DistributionYr5Rt |
| Total Distribution | 1.456634 | TotalDistributionRt |
| Average Distribution | 0.291327 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $2,417,982 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $704,423 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $1,500 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $705,923 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $783,521 | 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 | $1,500 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $1,500 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $1,500 | TaxBasedOnInvestmentIncomeAmt |
| Total Payments And Credits | $0 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $41 | EsPenaltyAmt |
| Tax Due | $1,541 | TaxDueAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | 0 | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | RI | 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 | MARC PERLMAN | IndividualWithBooksNm |
| Phone | 4012952672 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 180 SHADY COVE ROAD | AddressLine1Txt |
| City | NORTH KINGSTOWN | CityNm |
| State Abbreviation | RI | StateAbbreviationCd |
| ZIP | 02852 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| MARC PERLMAN | ||||||||
| 180 SHADY COVE ROAD | NORTH KINGSTOWN | RI | 02852 | TRUSTEE | 0.25 | $0 | $0 | $0 |
| CLAIRE PERLMAN | ||||||||
| 180 SHADY COVE ROAD | NORTH KINGSTOWN | RI | 02852 | 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) |
|---|---|---|
| Description1 | NOT APPLICABLE | Description1Txt |
| Expenses1 | $0 | Expenses1Amt |
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $950,161 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $34,910 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $1,469,733 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $2,454,804 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $2,454,804 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $36,822 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $2,417,982 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $120,899 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $120,899 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $1,500 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $1,500 | TotalTaxAmt |
| Distributable Before Adj | $119,399 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $119,399 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $119,399 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $783,521 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $783,521 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $1,500 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $782,021 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $119,399 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $504,714 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $97,889 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $1,075,046 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $94,792 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $1,875,607 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $3,648,048 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $783,521 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $119,399 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $664,122 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $4,312,170 | 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 | $504,714 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $3,807,456 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $97,889 | ExcessFromYear4Amt |
| Excess From Year3 | $1,075,046 | ExcessFromYear3Amt |
| Excess From Year2 | $94,792 | ExcessFromYear2Amt |
| Excess From Year1 | $1,875,607 | ExcessFromYear1Amt |
| Excess From Current Year | $664,122 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | MARC PERLMAN | ContributingManagerNm |
| Contributing Manager | CLAIRE PERLMAN | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (13 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| AISH CAMPUS BOSTON | |||||||
| 14 EMBASSY RD | BRIGHTON | MA | 02135 | NONE | PUBLIC CHARITY | GENERAL OPERATING SUPPORT | $5,000 |
| CERE | |||||||
| 50 STANIFORD STREET SUITE 600 | BOSTON | MA | 02114 | NONE | PUBLIC CHARITY | GENERAL OPERATING SUPPORT | $10,000 |
| CINNABAR THEATER | |||||||
| 3333 PETALUMA BLVD N | PETALUMA | CA | 94952 | NONE | PUBLIC CHARITY | GENERAL OPERATING SUPPORT | $23,000 |
| FRIENDS OF THE ISRAEL DEFENSE FORCES - NEW ENGLAND REGON | |||||||
| 154 WELLS AVE | NEWTON | MA | 02459 | NONE | PUBLIC CHARITY | GENERAL OPERATING SUPPORT | $9,841 |
| FUND FOR URI & HILLEL | |||||||
| 6 FRATERNITY CIRCLE | KINGSTON | RI | 02881 | NONE | PUBLIC CHARITY | GENERAL OPERATING SUPPORT | $3,000 |
| JEWISH ALLIANCE OF GREATER RHODE ISLAND | |||||||
| 401 ELMGROVE AVENUE | PROVIDENCE | RI | 02906 | NONE | PUBLIC CHARITY | GENERAL OPERATING SUPPORT | $4,949 |
| OCEAN STATE JOB LOT CHARITABLE FOUNDATION | |||||||
| 375 COMMERCE PARK ROAD | NORTH KINGSTOWN | RI | 02852 | NONE | PUBLIC CHARITY | GENERAL OPERATING SUPPORT | $666,551 |
| OMNI-MED | |||||||
| 81 WYMAN ST 1 | WABAN | MA | 02468 | NONE | PUBLIC CHARITY | GENERAL OPERATING SUPPORT | $3,000 |
| RI FREE CLINIC | |||||||
| 655 BROAD ST | PROVIDENCE | RI | 02907 | NONE | PUBLIC CHARITY | GENERAL OPERATING SUPPORT | $8,250 |
| TEMPLE SINAI | |||||||
| 30 HAGEN AVENUE | CRANSTON | RI | 02920 | NONE | PUBLIC CHARITY | GENERAL OPERATING SUPPORT | $5,000 |
| THE BIRTHRIGHT ISRAEL FOUNDATION | |||||||
| 565 FIFTH AVE | NEW YORK | NY | 10017 | NONE | PUBLIC CHARITY | GENERAL OPERATING SUPPORT | $10,000 |
| TRINITY REPERTORY COMPANY | |||||||
| 201 WASHINGTON ST | PROVIDENCE | RI | 02903 | NONE | PUBLIC CHARITY | GENERAL OPERATING SUPPORT | $31,630 |
| URI FOUNDATION | |||||||
| 79 UPPER COLLEGE RD | KINGSTON | RI | 02881 | NONE | PUBLIC CHARITY | GENERAL OPERATING SUPPORT | $3,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $783,221 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $214 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $14,572 | ExclusionAmt |
Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 16 | ExclusionCd |
| Exclusion | $87,572 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $47,660 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $150,018 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $150,018 | 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 |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (2 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Noncash ContributionNoncashContributionInd |
|---|---|---|---|---|---|---|
| MARC PERLMAN | ||||||
| 1 | 180 SHADY COVE ROAD | NORTH KINGSTOWN | RI | 02852 | $42,203 | Yes (X) |
| MARC PERLMAN | ||||||
| 2 | 180 SHADY COVE ROAD | NORTH KINGSTOWN | RI | 02852 | $311,389 | Yes (X) |
Non Cash Property Contribution NonCashPropertyContributionGrp (2 entries)
| ContributorContributorNum | Noncash PropertyNoncashPropertyDesc | Fair Market ValueFairMarketValueAmt | ReceivedReceivedDt |
|---|---|---|---|
| 1 | DONATED SECURITIES: 700 SHARES OF MERCK | $42,203 | 2017-01-31 |
| 2 | DONATED SECURITIES: 1700 SHARES OF FB | $311,389 | 2017-11-30 |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (5 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Computation MethodComputationMethodTxt | Current Year ExpenseCurrentYearExpenseAmt | Net Investment IncomeNetInvestmentIncomeAmt | Prior Year DepreciationPriorYearDepreciationAmt | LifeLifeRt |
|---|---|---|---|---|---|---|---|
| LAND | 2014-07-01 | $92,684 | L | $0 | $0 | ||
| BUILDING | 2014-07-01 | $1,192,512 | SL | $30,577 | $30,577 | $73,895 | 39.000000000000 |
| LAND IMPROVEMENTS | 2014-07-01 | $325,231 | SL | $21,682 | $21,682 | $52,398 | 15.000000000000 |
| EQUIPMENT | 2014-07-01 | $90,342 | SL | $18,068 | $18,068 | $43,665 | 5.000000000000 |
| FURNITURE & FIXTURES | 2014-07-01 | $18,068 | SL | $2,581 | $2,581 | $6,238 | 7.000000000000 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| VANGUARD HEALTH CARE FUND ADMIRAL SHARES | $478,109 | $746,302 |
| AMERITRADE ACCOUNT #866-300067 | $0 | $0 |
Investments Land Schedule2 InvestmentsLandSchedule2
Investment Land InvestmentLandGrp (5 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt |
|---|---|---|---|
| LAND | $92,684 | $0 | $92,684 |
| BUILDING | $1,192,512 | $104,472 | $1,088,040 |
| LAND IMPROVEMENTS | $325,231 | $74,080 | $251,151 |
| EQUIPMENT | $90,342 | $61,733 | $28,609 |
| FURNITURE & FIXTURES | $18,068 | $8,819 | $9,249 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| PROGRAM ADMIN SUPPORT | $300 | $0 | $300 |
| PROPERTY INSURANCE | $14,127 | $14,127 | $0 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DIFFERENCE IN COST BASIS OF DONATED STOCK | Desc |
| Amt | $51,986 | Amt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FEDERAL TAXES | CategoryTxt |
| Amt | $153 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |