THE OSTERMAN FAMILY FOUNDATION: Form 990PF, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- THE OSTERMAN FAMILY FOUNDATION (EIN 46-1534293)
- Tax period
- 2016-01-01 to 2016-12-31
- Filed
- 2017-09-15
- IRS object ID
- 201702589349100300
- 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
- Investments Corp Stock Schedule
- Other Decreases Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2017-09-15T06:52:13-05:00 | ReturnTs |
| Tax Period End | 2016-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 331197384 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ANDERSEN TAX LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 125 HIGH STREET 16TH FLOOR | AddressLine1Txt |
| City | BOSTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02110 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2016-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 461534293 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE OSTERMAN FAMILY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | OSTE | BusinessNameControlTxt |
| Phone | 8004073930 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE MEMORIAL SQUARE | AddressLine1Txt |
| City | WHITINSVILLE | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01588 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | VINCENT OSTERMAN | PersonNm |
| Person Title | TRUSTEE | PersonTitleTxt |
| Phone | 8004073930 | PhoneNum |
| Signature | 2017-09-07 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ANDERSEN TAX LLC | PreparerPersonNm |
| PTIN | P01272199 | PTIN |
| Phone | 6172928400 | PhoneNum |
| Preparation | 2017-09-05 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 38.104.6.58 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2017-09-07 | IPDt |
| IP Tm | 09:45:44 | IPTm |
| IP Timezone | ED | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | A2884488B7BC9A9D7F2ED2FC42B4C0CD17CD83B8 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | EE2399D15735C11EEBA9CE8AFEBCAE88C52D21A4 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2016 | TaxYr |
| Build TS | 2021-01-29 14:40:06Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $7,051,016 | 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 | $2,000 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $773 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $773 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $138,259 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $128,138 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $450,189 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $3,152,810 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $450,902 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | -$331,469 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $0 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $259,752 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $579,813 | 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 |
| Other Prof Fees Rev And Expnss | $17,823 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $17,823 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $3,811 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $3,776 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $35 | TaxesDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $53,650 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $53,650 | TravConfMeetingDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $75,284 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $21,599 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $53,685 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $300,084 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $300,084 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $375,368 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $21,599 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $353,769 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$115,616 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $558,214 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash EOY | $36 | CashEOYAmt |
| Cash EOYFMV | $36 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | -$311,996 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $423,805 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $423,805 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $5,702,491 | CorporateStockBOYAmt |
| Corporate Stock EOY | $6,627,175 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $6,627,175 | CorporateStockEOYFMVAmt |
| Total Assets BOY | $5,390,495 | TotalAssetsBOYAmt |
| Total Assets EOY | $7,051,016 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $7,051,016 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $123,222 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $176,873 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $123,222 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $176,873 | TotalLiabilitiesEOYAmt |
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
| Unrestricted BOY | $5,267,273 | UnrestrictedBOYAmt |
| Unrestricted EOY | $6,874,143 | UnrestrictedEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $5,267,273 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $6,874,143 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $5,390,495 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $7,051,016 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $5,267,273 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$115,616 | ExcessRevenueOverExpensesAmt |
| Other Increases | $2,267,253 | OtherIncreasesAmt |
| Subtotal | $7,418,910 | SubtotalAmt |
| Other Decreases | $544,767 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $6,874,143 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (5 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | Cost Or Other BasisCostOrOtherBasisAmt |
|---|---|---|---|---|---|
| CAPITAL GAIN DISTRIBUTIONS | P | $14,813 | $14,813 | $14,813 | |
| LONG TERM CAPITAL TRANSACTIONS VIA INCOME VIA NGL ENERGY PARTNERS, L.P. | P | -$76 | -$76 | $76 | |
| LONG TERM CAPITAL TRANSACTIONS VIA INCOME VIA TRANSMONTAIGNE PARTNERS, L.P. | P | $435,695 | $435,695 | $435,695 | |
| PUBLICLY TRADED SECURITIES | P | $1,093,693 | $28,628 | $28,628 | $1,065,065 |
| PUBLICLY TRADED SECURITIES | P | $1,608,609 | -$28,158 | -$28,158 | $1,636,767 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $450,902 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $444,785 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $7,337,250 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.060620 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $369,109 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $8,843,609 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.041737 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $261,677 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $6,609,908 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.039589 | DistributionYr3Rt |
| Total Distribution | 0.141946 | TotalDistributionRt |
| Average Distribution | 0.047315 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $6,038,596 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $285,716 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $5,582 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $291,298 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $353,769 | 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 | $5,582 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $5,582 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $5,582 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $24,811 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $24,811 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Overpayment | $19,229 | OverpaymentAmt |
| Applied To ES Tax | $19,229 | 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 | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | MA | 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 | VINCENT OSTERMAN | IndividualWithBooksNm |
| Phone | 8004073930 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 MEMORIAL SQUARE | AddressLine1Txt |
| City | WHITINSVILLE | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01588 | 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 | Yes (1) | 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 |
| 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 |
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 |
|---|---|---|---|---|---|---|---|---|
| ERNEST OSTERMAN | ||||||||
| 20 WILD MAGNOLIA LANE | OKATIE | SC | 29909 | TRUSTEE | 10.00 | $0 | $0 | $0 |
| VINCENT OSTERMAN | ||||||||
| 1 MEMORIAL SQUARE | WHITINSVILLE | MA | 01588 | TRUSTEE | 10.00 | $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 | $5,955,488 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $175,066 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $6,130,554 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $6,130,554 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $91,958 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $6,038,596 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $301,930 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $301,930 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $5,582 | TaxBasedOnInvestmentIncomeAmt |
| Income Tax | $25,965 | IncomeTaxAmt |
| Total Tax | $31,547 | TotalTaxAmt |
| Distributable Before Adj | $270,383 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $270,383 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $270,383 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $353,769 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $353,769 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $5,582 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $348,187 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $270,383 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $31,495 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $353,769 | QualifyingDistributionsAmt |
| Applied To Year1 | $31,495 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $270,383 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $51,891 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $51,891 | 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 | $51,891 | ExcessDistriCyovToNextYrAmt |
| Excess From Current Year | $51,891 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | ERNEST OSTERMAN | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (21 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| BUDGET BUDDIES | ||||||
| 114 TURNPIKE RD 2D | CHELMSFORD | MA | 01824 | PC | FINANCIAL LITERACY PROGRAM | $10,000 |
| CAMP INTERACTIVE | ||||||
| 2865 UNIVERSITY AVE E3 | BRONX | NY | 10468 | PC | CODE INTERACTIVE, URBAN ASSEMBLY SCHOOL FOR GLOBAL COMMERCE | $26,000 |
| COMMUNITIES FOR RESTORATIVE JUSTICE | ||||||
| 219 MALDEN STREET PO BOX 65 | CONCORD | MA | 01742 | PC | EXTENDED LEARNING OPPORTUNITIES PROGRAM, CHILDREN'S LITERACY PROGRAM | $15,000 |
| HOPE | ||||||
| 101 DEPOT STREET | LYNDON CENTER | VT | 05850 | PC | HOPE COMMUNITY PANTRY PROGRAM | $14,000 |
| INNERCITY WEIGHTLIFTING | ||||||
| 160 SECOND ST | CAMBRIDGE | MA | 02142 | PC | STUDENT ASSISTANCE PROGRAM | $20,000 |
| JEANNE GEIGER CRISIS CENTER INC | ||||||
| 2 HARRIS STREET | NEWBURYPORT | MA | 01950 | PC | DOMESTIC VIOLENCE HIGH RISK TEAM TRAINING INITIATIVE | $26,000 |
| MINUTEMAN SENIOR SERVICES | ||||||
| 26 CROSBY DRIVE | BEDFORD | MA | 01730 | PC | SENIOR NUTRITION PROGRAM | $5,000 |
| MONSON FREE LIBRARY | ||||||
| 2 HIGH ST | MONSON | MA | 01057 | PC | COMMUNITY ROOM RENOVATION PROJECT | $8,000 |
| NEWBURYPORT EDUCATION FOUNDATION | ||||||
| PO BOX 1002 | NEWBURYPORT | MA | 01950 | PC | STEM LAB | $5,000 |
| OPEN TABLE INC | ||||||
| PO BOX 42 | CONCORD | MA | 01742 | PC | DISCRETIONARY FUND PROGRAM | $10,000 |
| ST JOHNSBURY MEALS ON WHEELS | ||||||
| 1207 MAIN STREET | ST JOHNSBURY | VT | 05819 | PC | SENIOR MEALS ON WHEELS SUPPORT PROGRAM | $18,000 |
| STAND UP FOR KIDS | ||||||
| 4 KING ST | WORCESTER | MA | 01610 | PC | OUTREACH CENTER SERVICE EXPANSION | $15,000 |
| STRAIGHT AHEAD MINISTRIES | ||||||
| 791 MAIN ST | WORCESTER | MA | 01610 | PC | WORCESTER YOUTH RE-ENTRY PROJECT/STRAIGHT TO WORK PROGRAM | $15,000 |
| SUTTON PUBLIC LIBRARY | ||||||
| 4 UXBRIDGE ROAD | SUTTON | MA | 01590 | PC | STEAM EDUCATION FOR CHILDREN & TEENS PROGRAM | $10,000 |
| THE CARE CENTER | ||||||
| 247 CABOT STREET | HOLYOKE | MA | 01040 | PC | BARD MICROCOLLEGE HOLYOKE PROJECT | $25,000 |
| THE HOME FOR LITTLE WANDERERS | ||||||
| 10 GUEST STREET | BOSTON | MA | 02135 | PC | PERMANENCY INITIATIVE | $15,000 |
| THE PLAY BRIGADE INC | ||||||
| 135 CRAFTS ROAD | CHESTNUT HILL | MA | 02467 | PC | 5K ALL-ABILITIES ROAD RACE & (ACCESSIBLE TRICK OR TREAT) PROJECT | $25,000 |
| TOP FLOOR LEARNING | ||||||
| 1455 NORTH MAIN STREET 3RD FLOOR | PALMER | MA | 01069 | PC | ADULT LITERACY & EDUCATION GUIDANCE SERVICES PROGRAM | $10,000 |
| YEAR UP GREATER BOSTON | ||||||
| 45 MILK STREET | BOSTON | MA | 02109 | PC | ROXBURY COMMUNITY COLLEGE PR0GRAM | $18,000 |
| WOUNDED WARRIOR PROJECT INC | ||||||
| 4899 BELFORT ROAD SUITE 300 | JACKSONVILLE | FL | 32256 | PC | WARRIOR CARE NETWORK PROGRAM AT MGH | $10,000 |
| CONTRIBUTION VIA NGL ENERGY PARTNERS | ||||||
| 6120 SOUTH YALE AVE SUITE 805 | TULSA | OK | 74136 | PC | CONTRIBUTION FROM PASS THROUGH K-1. | $84 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $300,084 | 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 | $773 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $138,259 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $450,189 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (4 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|
| OTHER INCOME VIA NGL ENERGY PARTNERS, L.P. | 14 | -$392,242 |
| OTHER INCOME VIA NGL ENERGY PARTNERS, L.P. | ||
| OTHER INCOME VIA TRANSMONTAIGNE PARTNERS, L.P. | ||
| OTHER INCOME VIA TRANSMONTAIGNE PARTNERS, L.P. | 14 | $60,773 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $257,752 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $257,752 | 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 |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RUTH OSTERMAN | BusinessNameLine1Txt |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 24 OLD FARM ROAD | AddressLine1Txt |
| City | PALMER | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01069 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $2,000 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| GOLDMAN SACHS | $4,064,839 | $4,064,839 |
| NGL ENERGY PARTNERS | $2,562,336 | $2,562,336 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| NON DEDUCTIBLE EXPENSES | $2,882 |
| PRIOR PERIOD ADJUSTMENT | $541,885 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| OTHER INCOME VIA NGL ENERGY PARTNERS, L.P. | $0 | $0 | $0 |
| OTHER INCOME VIA NGL ENERGY PARTNERS, L.P. | -$392,242 | -$392,242 | |
| OTHER INCOME VIA TRANSMONTAIGNE PARTNERS, L.P. | $60,773 | $60,773 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| NON DIVIDEND DISTRIBUTIONS | $101 |
| UNREALIZED GAIN / (LOSS) | $2,267,152 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DUE TO AFFILIATE | Desc |
| BOY Book Value | $123,222 | BOYBookValueAmt |
| EOY Book Value | $176,873 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT MANAGEMENT FEES | CategoryTxt |
| Amt | $17,823 | Amt |
| Net Investment Income | $17,823 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FOREIGN TAXES | $3,776 | $3,776 | $0 |
| MA TAXES | $35 | $0 | $35 |