MARIO FAMILY FOUNDATION: Form 990PF, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- MARIO FAMILY FOUNDATION (EIN 20-1400656)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-10-29
- IRS object ID
- 202543029349101109
- Schema version
- 2024v5.2
- 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
- Schedule B
- Accounting Fees Schedule
- Contractor Compensation Expln
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Substantial Contributors Sch
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-10-29T12:47:01-05:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 210650289 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KLATZKIN & COMPANY LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 AAA DRIVE BLDG 1A SUITE 104 | AddressLine1Txt |
| City | HAMILTON | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 08691 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 201400656 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE MARIO FAMILY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MARI | BusinessNameControlTxt |
| Phone | 9736356727 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 445 | AddressLine1Txt |
| City | CHATHAM | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07928 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MARYLOU ROWE | PersonNm |
| Person Title | EXECUTIVE DIRECTOR | PersonTitleTxt |
| Phone | 9736356727 | PhoneNum |
| Signature | 2025-10-28 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MICHELLE ROBB CPA | PreparerPersonNm |
| PTIN | P01312427 | PTIN |
| Phone | 6098909189 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $37,986,781 | 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 | $1,162,655 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $615,197 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $615,197 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $1,418,343 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $4,048,915 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $1,418,343 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $47 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | -$2,328 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $3,196,242 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $2,031,212 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $64,984 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $64,984 | CompOfcrDirTrstDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $21,886 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $44 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $21,842 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $30,429 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $15,215 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $15,214 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $265,184 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $177,801 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $87,383 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $26,547 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $1,745 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $25 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $7,474 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $4,379 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $3,095 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $416,504 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $199,184 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $192,543 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $2,099,024 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $2,099,024 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $2,515,528 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $199,184 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $2,291,567 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $680,714 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,832,028 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $1,236,133 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $2,126,414 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $2,126,414 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $23,197,505 | CorporateStockBOYAmt |
| Corporate Stock EOY | $22,642,663 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $34,304,697 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $859,050 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $1,204,325 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $1,555,670 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $25,292,688 | TotalAssetsBOYAmt |
| Total Assets EOY | $25,973,402 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $37,986,781 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| 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 | $25,292,688 | RetainedEarningBOYAmt |
| Retained Earning EOY | $25,973,402 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $25,292,688 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $25,973,402 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $25,292,688 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $25,973,402 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $25,292,688 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $680,714 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $25,973,402 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $25,973,402 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (8 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES FROM #8864 S/T | $446,503 | $452,573 | -$6,070 | -$6,070 | |
| PUBLICLY TRADED SECURITIES FROM #8864 L/T | $2,497,570 | $1,608,493 | $889,077 | $889,077 | |
| PUBLICLY TRADED SECURITIES FROM #3246 L/T | $437,416 | $559,000 | -$121,584 | -$121,584 | |
| PUBLICLY TRADED SECURITIES FROM #4615 L/T | $22,000 | $16,426 | $5,574 | $5,574 | |
| K-1 TECTONIC L/T | -$1 | -$1 | |||
| K-1 5TH AVE S/T | $741 | $741 | |||
| K-1 5TH AVE L/T | $5,180 | $5,180 | |||
| CAPITAL GAINS DIVIDENDS | $645,426 | $645,426 | $645,426 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $1,418,343 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $25,465 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $25,465 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $25,465 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $28,000 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $13,000 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $41,000 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $15,535 | OverpaymentAmt |
| Applied To ES Tax | $15,535 | 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 | Yes (1) | 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 | PROFFIT POMPEY PARTNERS INC | IndividualWithBooksNm |
| Phone | 9736356727 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 445 | AddressLine1Txt |
| City | CHATHAM | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07928 | 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 | Yes (1) | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (1) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| 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 |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
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 | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| DR ERNEST MARIO | ||||||||
| 14 FAIRMOUNT AVE SUITE 9 | CHATHAM | NJ | 07928 | DIRECTOR (DECEASED 10/20/24) | 2.50 | $0 | $0 | $0 |
| CHRISTOPHER B MARIO | ||||||||
| 14 FAIRMOUNT AVE SUITE 9 | CHATHAM | NJ | 07928 | DIRECTOR | 2.00 | $10,000 | $0 | $0 |
| GREGORY G MARIO | ||||||||
| 14 FAIRMOUNT AVE SUITE 9 | CHATHAM | NJ | 07928 | DIRECTOR | 1.00 | $5,000 | $0 | $0 |
| JEREMY K MARIO | ||||||||
| 14 FAIRMOUNT AVE SUITE 9 | CHATHAM | NJ | 07928 | DIRECTOR | 1.00 | $10,000 | $0 | $0 |
| SAMANTHA VENTIMIGLIA | ||||||||
| 14 FAIRMOUNT AVE SUITE 9 | CHATHAM | NJ | 07928 | DIRECTOR | 1.00 | $5,000 | $0 | $0 |
| JEFFREY SPRITZER | ||||||||
| 14 FAIRMOUNT AVE SUITE 9 | CHATHAM | NJ | 07928 | DIRECTOR | 2.00 | $10,000 | $0 | $0 |
| MARYLOU ROWE | ||||||||
| 14 FAIRMOUNT AVE SUITE 9 | CHATHAM | NJ | 07928 | EXECUTIVE DIRECTOR | 3.00 | $24,984 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | PROFFIT POMPEY PARTNERS INC | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 14 FAIRMOUNT AVE SUITE 9 | AddressLine1Txt |
| City | CHATHAM | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07928 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | ADMINISTRATIVE SERVICES | ServiceTypeTxt |
| Compensation | $173,644 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 | $35,612,811 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $630,088 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $36,242,899 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $36,242,899 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $543,643 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $35,699,256 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,784,963 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,784,963 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $25,465 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $25,465 | TotalTaxAmt |
| Distributable Before Adj | $1,759,498 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $1,759,498 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $1,759,498 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $2,291,567 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $2,291,567 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,759,498 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr4 | $181,620 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $271,226 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $1,066,024 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $494,338 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $2,013,208 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $2,291,567 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $1,759,498 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $532,069 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $2,545,277 | 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 | $2,545,277 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $181,620 | ExcessFromYear4Amt |
| Excess From Year3 | $271,226 | ExcessFromYear3Amt |
| Excess From Year2 | $1,066,024 | ExcessFromYear2Amt |
| Excess From Year1 | $494,338 | ExcessFromYear1Amt |
| Excess From Current Year | $532,069 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | DR ERNEST MARIO | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (19 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| AMERICAN FOUNDATION FOR PHARMACEUTICAL EDUC | |||||||
| 2107 WILSON BLVD SUITE 700 | WASHINGTON | DC | 22201 | NONE | PUBLIC | OPERATING FUND | $50,000 |
| CRISTO REY NETWORK | |||||||
| 14 E JACKSON BLVD SUITE 1200 | CHICAGO | IL | 60604 | NONE | PUBLIC | CAPACITY BUILDING 2026 CAMPAIGN | $150,000 |
| DUKE UNIVERSITY ATHLETIC ASSOC | |||||||
| PO BOX 90581 | DURHAM | NC | 27708 | NONE | PUBLIC | BASKETBALL LEGACY FUND | $100,000 |
| DUKE UNIVERSITY HEALTH | |||||||
| PO BOX 90581 | DURHAM | NC | 27708 | NONE | PUBLIC | FAMILY CHRONIC CARE IMPROVEMENT FD & MEDICAL CENTER | $220,000 |
| DUKE UNIVERSITY PEDIATRICS | |||||||
| PO BOX 90581 | DURHAM | NC | 27708 | NONE | PUBLIC | PEDIATRICS IMPROVE & EXPAND CARE NOW | $98,000 |
| HOUSING NANTUCKET | |||||||
| PO BOX 3149 | NANTUCKET | MA | 02584 | NONE | PUBLIC | HELP PROVIDE QUALITY HOUSING | $10,000 |
| NAVAL INSTITUTE FOUNDATION | |||||||
| 291 WOOD RD | ANNAPOLIS | MD | 21402 | NONE | PUBLIC | DIGITIZING OUR MARITIME HISTORY | $151,120 |
| OPEN TABLE MINISTRY | |||||||
| 215 N CHURCH STREET | DURHAM | NC | 27701 | NONE | PUBLIC | GENERAL SUPPORT | $150,000 |
| OPEN TABLE MINISTRY | |||||||
| 215 N CHURCH STREET | DURHAM | NC | 27701 | NONE | PUBLIC | EXECUTIVE AND ASSISTANT DIRECTOR POSITION | $85,000 |
| PALO ALTO HISTORICAL ASSOC | |||||||
| PO BOX 193 | PALO ALTO | CA | 94302 | NONE | PUBLIC | MILLIE MARIO MOVING IMAGES COLLECTION | $20,000 |
| RUTGERS UNIVERSITY FOUNDATION | |||||||
| 7 COLLEGE AVE WINANTS HALL | NEW BRUNSWICK | NJ | 08901 | NONE | PUBLIC | PHARM/ MD SCHOLARSHIPS | $500,000 |
| SPECTRUM FOR LIVING | |||||||
| 210 RIVERVALE RD | RIVER VALE | NJ | 07675 | NONE | PUBLIC | HELP ADULTS WITH DISABILITIES | $10,000 |
| THE LAWRENCEVILLE SCHOOL | |||||||
| PO BOX 6125 | LAWRENCEVILLE | NJ | 08648 | NONE | PUBLIC | ANNUAL FUND | $77,500 |
| THE LAWRENCEVILLE SCHOOL | |||||||
| PO BOX 6125 | LAWRENCEVILLE | NJ | 08648 | NONE | PUBLIC | ANNUAL FUND | $27,404 |
| UNIVERSITY OF PENNSYLVANIA | |||||||
| 3451 WALNUT STREET | PHILADELPHIA | PA | 19104 | NONE | PUBLIC | PENN BAND | $100,000 |
| UNIVERSITY OF RHODE ISLAND FOUNDATION | |||||||
| 79 UPPER COLLEGE RD | KINGSTON | RI | 02881 | NONE | PUBLIC | ANNUAL FUND | $100,000 |
| WOLFFORD COLLEGE | |||||||
| 429 N CHURCH ST | SPARTANBURG | SC | 29303 | NONE | PUBLIC | STUDY ABROAD SCHOLARSHIP | $25,000 |
| CENTER FOR CHRISTIANITY & SCHOLARSHIP | |||||||
| 608 N BUCHANAN BLVD | DURHAM | NC | 27701 | NONE | PUBLIC | HISTORIC PRESERVATION PROJECT | $50,000 |
| NORTH CAROLINA SUBMARINE MUSEUM | |||||||
| 2512 SEVIER STREET | DURHAN | NC | 27705 | NONE | PUBLIC | ESTABLISHMENT OF A MUSEUM | $175,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $2,099,024 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $615,197 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $1,418,343 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (2 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|
| MA COMMUNITY INVEST CREDIT REFUND | 01 | $2,375 |
| K-1 5TH AVE ORD LOSS | 14 | -$2,328 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $2,033,587 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $2,033,587 | 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 | Person ContributionPersonContributionInd |
|---|---|---|---|---|---|---|
| MILLICENT C MARIO 2011 CLAT | ||||||
| 1 | PO BOX 445 | CHATHAM | NJ | 07928 | $39,000 | Yes (X) |
| ESTATE OF ERNEST MARIO | ||||||
| 2 | 14 FAIRMOUNT AVE SUITE 9 | CHATHAM | NJ | 07928 | $1,123,655 | Yes (X) |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING/ TAX PREP FEES | CategoryTxt |
| Amt | $30,429 | Amt |
| Net Investment Income | $15,215 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $15,214 | DisbursementsCharitablePrpsAmt |
Contractor Compensation Expln ContractorCompensationExpln
Contractor Comp Expln ContractorCompExplnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Person | PROFFIT POMPEY PARTNERS INC | ContractorPersonNm |
| Explanation | PART VIII- Q3 STATEMENT ATTACHMENT.DURING THE YEAR ENDING 12/31/24, PURSUANT TO A WRITTEN CONTRACT,THE MARIO FAMILY FOUNDATION ("THE FOUNDATION") ENGAGED PROFFIT POMPEY & PARTNERS, INC ("P3") TO PERFORM CERTAIN FOUNDATION ADMINISTRATIVE SERVICES AND OTHER SERVICES NECESSARY TO CARRYING OUT ITS EXEMPT PURPOSES.THE TOTAL AMOUNT PAID BY THE FOUNDATION TO P3 WAS $173,644. | ExplanationTxt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (3 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| BESSEMER TRUST MANAGED AC #8864 | $22,029,160 | $31,906,723 |
| BESSEMER TRUST MANAGED AC #3246 | $138,325 | $1,811,588 |
| BESSEMER TRUST MANAGED AC #4615 | $475,178 | $586,386 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (4 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| ADA AIM INVESTMENT | AT COST | $45,852 | $45,852 |
| HEARTWOOD FORESTLAND REIT | AT COST | $11,022 | $3,470 |
| 5TH AVE PRIV EQUITY ALT INVEST | AT COST | $317,822 | $379,171 |
| TECTONIC VENTURES | AT COST | $829,629 | $1,127,177 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $21,886 | LegalFeesAmt |
| Net Investment Income | $44 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $21,842 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| INSURANCE | $2,250 | $0 | $2,250 |
| DUES & SUBS | $830 | $0 | $830 |
| K-1 EXP DONATION | $15 | $0 | $15 |
| K-1 INVESTMENT INTEREST EXPENSE | $4,080 | $4,080 | $0 |
| MISCELLANEOUS | $299 | $299 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| MA COMMUNITY INVEST CREDIT REFUND | $2,375 | $2,375 | |
| K-1 5TH AVE ORD LOSS | -$2,328 | -$2,328 | -$2,328 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| BESSEMER INVESTMENT ADVISORY FEES | $67,145 | $67,145 | $0 |
| REG FEES DE | $561 | $0 | $561 |
| PPP MANAGEMENT FEES | $173,644 | $86,822 | $86,822 |
| INVESTMENT EXPENSES K-1 | $23,834 | $23,834 | $0 |
Substantial Contributors Sch SubstantialContributorsSch
Substantial Contributor Detail SubstantialContributorDetail (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd |
|---|---|---|---|
| MILLICENT C MARIO | |||
| PO BOX 445 | CHATHAM | NJ | 07928 |
| ESTATE OF ERNEST MARIO | |||
| 14 FAIRMOUNT AVE SUITE 9 | CHATHAM | NJ | 07928 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FOREIGN TAX W/H ON INVESTMENT INCOME | $1,745 | $1,745 | $0 |
| STATE OF DE FRANCHISE FEE | $25 | $0 | $25 |
| FEDERAL INCOME TAX | $24,777 | $0 | $0 |