LEO S WALSH FOUNDATION: Form 990PF, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- LEO S WALSH FOUNDATION (EIN 20-1301554)
- Tax period
- 2016-01-01 to 2016-12-31
- Filed
- 2017-05-25
- IRS object ID
- 201721459349100002
- 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
- All Oth Prog Rltd Investments Sch
- Depreciation Schedule
- General Explanation Attachment
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2017-05-25T10:13:00-05:00 | ReturnTs |
| Tax Period End | 2016-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SLK ADVISORY GROUP INC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1981 MARCUS AVE-STE 227 | AddressLine1Txt |
| City | LAKE SUCCESS | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11042 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2016-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 201301554 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LEO S WALSH FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % JEFF REYNOLDS CPA | InCareOfNm |
| Business Name Control | LEOS | BusinessNameControlTxt |
| Phone | 5163528901 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 222 | AddressLine1Txt |
| City | WESTHAMPTON BEACH | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 119780222 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SANDRA WALSH | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 5163528901 | PhoneNum |
| Signature | 2017-05-22 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JEFF REYNOLDS CPA | PreparerPersonNm |
| PTIN | P01473337 | PTIN |
| Phone | 5163528901 | PhoneNum |
| Preparation | 2017-05-22 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 74.68.136.117 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Federal Original Submission Id | 12864720171455000000 | FederalOriginalSubmissionId |
| Federal Original Submission Id | 2017-05-25 | FederalOriginalSubmissionIdDt |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 5653FDAED7B92441ED5C9CFDDE61C219620EECE7 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 5653FDAED7B92441ED5C9CFDDE61C219620EECE7 | 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 | $7,665,624 | 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 | $0 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $28 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $28 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $459,438 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $459,438 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $78,119 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $3,660,234 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $78,119 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $7,455 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $3,488 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $545,040 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $541,073 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $65,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $65,000 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $18,600 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $9,300 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $9,300 | AccountingFeesChrtblPrpsAmt |
| Interest Rev And Expnss | $37,221 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $37,221 | InterestNetInvstIncmAmt |
| Taxes Rev And Expnss | $5,839 | TaxesRevAndExpnssAmt |
| Taxes Dsbrs Chrtbl | $5,368 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $3,424 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $1,176 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $2,248 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $130,084 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $47,697 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $81,916 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $302,500 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $302,500 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $432,584 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $47,697 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $384,416 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $112,456 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $493,376 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $112,842 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $24,442 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $24,442 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $99,711 | CorporateStockBOYAmt |
| Corporate Stock EOY | $99,711 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $168,706 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $6,192,138 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $6,174,058 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $6,121,471 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $1,162,737 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $1,380,960 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $1,351,005 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $7,567,428 | TotalAssetsBOYAmt |
| Total Assets EOY | $7,679,171 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $7,665,624 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | $5,414,463 | CapitalStockBOYAmt |
| Capital Stock EOY | $5,414,463 | CapitalStockEOYAmt |
| Retained Earning BOY | $2,152,965 | RetainedEarningBOYAmt |
| Retained Earning EOY | $2,264,708 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $7,567,428 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $7,679,171 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $7,567,428 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $7,679,171 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $7,567,428 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $112,456 | ExcessRevenueOverExpensesAmt |
| Subtotal | $7,679,884 | SubtotalAmt |
| Other Decreases | $713 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $7,679,171 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (63 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| 4,000 SUB.NOTES AMTRUST 7.25% | P | 2015-06-11 | 2016-03-10 | $97,101 | $100,000 | -$2,899 | -$2,899 |
| 3,000 SUB.NOTES AMTRUST 7.5% | P | 2015-09-09 | 2016-03-09 | $73,644 | $75,000 | -$1,356 | -$1,356 |
| 3,500 PREFD. AMTRUST FINANCIAL 7.75% | P | 2016-03-08 | 2016-10-06 | $92,126 | $87,500 | $4,626 | $4,626 |
| 532 PREFD. BB&T CORPORATION 5.625% | P | 2016-03-02 | 2016-05-19 | $13,526 | $13,300 | $226 | $226 |
| 1,068 PREFD. BB&T CORPORATION 5.625% | P | 2016-03-02 | 2016-05-20 | $26,706 | $26,700 | $6 | $6 |
| 50,000 SR.NOTES CENTURYLINK INC 6.75% | P | 2016-01-15 | 2016-08-11 | $52,312 | $47,506 | $4,806 | $4,806 |
| 50,000 SR.NOTES CENTURYLINK INC 6.75% | P | 2016-01-20 | 2016-08-11 | $52,312 | $47,006 | $5,306 | $5,306 |
| 200,000 SR.NOTES CENTURYLINK INC 6.75% | P | 2016-01-15 | 2016-08-11 | $209,246 | $190,006 | $19,240 | $19,240 |
| 4,000 PREFD.CITIGROUP 6.3% | P | 2016-01-26 | 2016-10-18 | $107,618 | $100,000 | $7,618 | $7,618 |
| 17.122 SHS EURO PAC GROWTH FUND | P | 2015-12-24 | 2016-05-06 | $733 | $767 | -$34 | -$34 |
| 11.971 SHS EURO PAC GROWTH FUND | P | 2015-12-24 | 2016-05-06 | $513 | $536 | -$23 | -$23 |
| $25,000 GOLDMAN SACHS 5.75% | P | 2015-10-16 | 2016-02-16 | $26,619 | $27,456 | -$837 | -$837 |
| 8,000 PREFD.JPMORGAN CHASE 6.125% | P | 2015-02-05 | 2016-01-08 | $209,681 | $200,000 | $9,681 | $9,681 |
| 2,500 PREFD.JPMORGAN CHASE 6.15% | P | 2015-07-22 | 2016-01-21 | $63,518 | $62,500 | $1,018 | $1,018 |
| 5,000 PREFD.KKR & CO LP 6.75% | P | 2016-03-10 | 2016-06-29 | $132,364 | $125,000 | $7,364 | $7,364 |
| $200,000 LLOYDS TSB BK 5% | P | 2015-07-22 | 2016-05-20 | $207,994 | $214,093 | -$6,099 | -$6,099 |
| 1,000 SUB.NOTES NEXTERA ENERGY CAPITAL | P | 2016-06-02 | 2016-07-12 | $25,068 | $25,000 | $68 | $68 |
| $75,000 PROSPECT CAPITAL CORPORATION | P | 2015-05-20 | 2016-04-19 | $66,744 | $74,196 | -$7,452 | -$7,452 |
| 8,000 SR.NOTES QWEST CORP 6.625% | P | 2015-09-10 | 2016-01-15 | $196,466 | $200,000 | -$3,534 | -$3,534 |
| $15,000 SACRAMENTO CNTY CA 6.227% | P | 2015-10-26 | 2016-05-06 | $17,443 | $17,027 | $416 | $416 |
| 3,250 SR.NOTES US CELLULAR 7.25% | P | 2015-11-16 | 2016-01-28 | $81,086 | $81,250 | -$164 | -$164 |
| 4,350 SR.NOTES US CELLULAR 7.25% | P | 2015-11-16 | 2016-01-29 | $108,530 | $108,750 | -$220 | -$220 |
| 2,000 SR.NOTES APOLLO INVEST 6.875% | P | 2013-06-10 | 2016-06-20 | $52,386 | $50,000 | $2,386 | $2,386 |
| 2,000 PREFD.ASTORIA FIN'L 6.5% | P | 2013-03-12 | 2016-03-11 | $51,014 | $50,000 | $1,014 | $1,014 |
| 1,000 PREFD. BARCLAYS BANK 7.75% | P | 2007-12-03 | 2016-06-15 | $25,000 | $25,000 | ||
| 4,779 PREFD.COLONY CAPITAL 7.125% | P | 2015-04-08 | 2016-08-04 | $117,005 | $119,475 | -$2,470 | -$2,470 |
| 221 PREFD.COLONY CAPITAL 7.125% | P | 2015-04-08 | 2016-08-05 | $5,271 | $5,525 | -$254 | -$254 |
| 209.732 SHS EURO PAC GROWTH FUND | P | 2006-12-08 | 2016-05-06 | $8,981 | $10,000 | -$1,019 | -$1,019 |
| 352.08 SHS EURO PAC GROWTH FUND | P | 2006-10-05 | 2016-05-06 | $15,076 | $16,023 | -$947 | -$947 |
| 215.008 SHS EURO PAC GROWTH FUND | P | 2006-11-09 | 2016-05-06 | $9,207 | $10,000 | -$793 | -$793 |
| 82.989 SHS EURO PAC GROWTH FUND | P | 2007-12-14 | 2016-05-06 | $3,554 | $4,237 | -$683 | -$683 |
| 222.025 SHS EURO PAC GROWTH FUND | P | 2007-01-09 | 2016-05-06 | $9,507 | $10,000 | -$493 | -$493 |
| 14.525 SHS EURO PAC GROWTH FUND | P | 2007-12-14 | 2016-05-06 | $622 | $742 | -$120 | -$120 |
| 41.629 SHS EURO PAC GROWTH FUND | P | 2006-12-28 | 2016-05-06 | $1,783 | $1,875 | -$92 | -$92 |
| 7.6 SHS EURO PAC GROWTH FUND | P | 2014-12-29 | 2016-05-06 | $325 | $354 | -$29 | -$29 |
| 11.505 SHS EURO PAC GROWTH FUND | P | 2006-12-28 | 2016-05-06 | $493 | $518 | -$25 | -$25 |
| 8.755 SHS EURO PAC GROWTH FUND | P | 2006-12-28 | 2016-05-06 | $375 | $394 | -$19 | -$19 |
| 2.882 SHS EURO PAC GROWTH FUND | P | 2013-12-27 | 2016-05-06 | $123 | $136 | -$13 | -$13 |
| 9.077 SHS EURO PAC GROWTH FUND | P | 2010-12-29 | 2016-05-06 | $389 | $363 | $26 | $26 |
| 12.534 SHS EURO PAC GROWTH FUND | P | 2012-12-27 | 2016-05-06 | $537 | $502 | $35 | $35 |
| 13.649 SHS EURO PAC GROWTH FUND | P | 2009-12-29 | 2016-05-06 | $584 | $513 | $71 | $71 |
| 9.956 SHS EURO PAC GROWTH FUND | P | 2011-12-28 | 2016-05-06 | $426 | $343 | $83 | $83 |
| 19.922 SHS EURO PAC GROWTH FUND | P | 2008-12-26 | 2016-05-06 | $853 | $527 | $326 | $326 |
| 66.231 SHS EURO PAC GROWTH FUND | P | 2008-12-26 | 2016-05-06 | $2,836 | $1,753 | $1,083 | $1,083 |
| 50 SHS GROWTH FUND AMER INC | P | 2014-12-18 | 2016-12-30 | $1,966 | $1,971 | -$5 | -$5 |
| 4,000 PREFD. JPMORGAN 6.3% | P | 2014-06-16 | 2016-06-15 | $107,002 | $100,000 | $7,002 | $7,002 |
| 4,000 SUB.NOTES KEMPER CORPORATION | P | 2014-02-20 | 2016-10-04 | $106,522 | $100,000 | $6,522 | $6,522 |
| 2,200 SR.NOTES KKR FIN'L 7.5% | P | 2012-03-13 | 2016-03-11 | $57,836 | $55,004 | $2,832 | $2,832 |
| 2,000 PREFD. MERRILL LYNCH 6.45% | P | 2007-04-25 | 2016-08-15 | $50,000 | $50,000 | ||
| 2,000 PREFD. MORGAN STANLEY 6.45% | P | 2007-04-19 | 2016-08-03 | $50,000 | $50,000 | ||
| 2,000 SUB.NOTES NAT'L GENERAL 7.625% | P | 2015-08-11 | 2016-10-06 | $51,796 | $50,000 | $1,796 | $1,796 |
| 2,000 SUB.NOTES NAT'L GENERAL 7.625% | P | 2015-08-11 | 2016-10-06 | $51,796 | $50,000 | $1,796 | $1,796 |
| $300,000 PROSPECT CAPITAL 5.875% | P | 2015-04-07 | 2016-09-19 | $305,997 | $311,856 | -$5,859 | -$5,859 |
| $400,000 PROSPECT CAPITAL 5.875% | P | 2015-09-03 | 2016-09-19 | $407,997 | $396,006 | $11,991 | $11,991 |
| 2,000 NOTES QWEST CORP 7.375% | P | 2011-06-01 | 2016-01-15 | $50,262 | $50,000 | $262 | $262 |
| 2,000 PREFD. QWEST CORP 7.5% | P | 2011-09-14 | 2016-01-19 | $50,917 | $50,000 | $917 | $917 |
| 4,000 PREFD. STATE STREET 6% | P | 2014-11-18 | 2016-01-27 | $102,986 | $100,000 | $2,986 | $2,986 |
| 400 PREFD. VORNADO REALTY 6.875% | P | 2011-04-13 | 2016-09-01 | $10,000 | $10,000 | ||
| $50,000 HOME DEPOT INC | P | 2006-12-18 | 2016-03-01 | $50,000 | $50,390 | -$390 | -$390 |
| $25,000 BANK OF AMERICA CORP | P | 2009-09-04 | 2016-08-15 | $25,000 | $25,015 | -$15 | -$15 |
| BLACKROCK DEBT STRATEGIC FD-CASH IN LIEU | P | 2006-12-05 | 2016-11-15 | $7 | $7 | $7 | |
| CAPITAL GAIN DISTRIBUTIONS | P | $12,421 | $12,421 | $12,421 | |||
| ENERGY TRANSFER-CASH IN EXCESS OF BASIS | P | 2016-12-31 | $32 | $32 | $32 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $78,119 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $371,932 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $7,603,645 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.048915 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $346,096 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $7,598,770 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.045546 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $363,592 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $7,429,381 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.04894 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $402,363 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $7,476,795 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.053815 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $365,183 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $7,353,018 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.049664 | DistributionYr5Rt |
| Total Distribution | 0.24688 | TotalDistributionRt |
| Average Distribution | 0.049376 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $7,611,117 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $375,807 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $4,934 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $380,741 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $384,416 | 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 | $4,934 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $4,934 | SubtotalAmt |
| Tax Based On Investment Income | $4,934 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $2,323 | EstimatedPlusOvpmtIncmTxAmt |
| Applied To Es Tax | $20,000 | AppliedToEsTaxAmt |
| Total Payments And Credits | $22,323 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $57 | EsPenaltyAmt |
| Overpayment | $17,332 | OverpaymentAmt |
| Applied To ES Tax | $17,332 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | NY | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | NONE | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JEFF REYNOLDS CPA | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 5163528901 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O SLK-1981 MARCUS AVE-STE 227 | AddressLine1Txt |
| City | LAKE SUCCESS | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11042 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Proceeds Or Net Income | false | ProceedsOrNetIncomeInd |
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 |
|---|---|---|---|---|---|---|---|---|
| SANDRA WALSH | ||||||||
| PO BOX 222 | WEST HAMPTON BEACH | NY | 119780222 | PRESIDENT/SECRETARY | 25.0 | $32,500 | $0 | $0 |
| DEVON WALSH | ||||||||
| 75 EAST END AVENUE-APT5H | NEW YORK | NY | 10028 | VICE PRESIDENT/TREASURER | 25.0 | $32,500 | $0 | $0 |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | NONE | Description1Txt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | NONE | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $6,535,961 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $103,063 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $1,087,998 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $7,727,022 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $7,727,022 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $115,905 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $7,611,117 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $380,556 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $380,556 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $4,934 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $4,934 | TotalTaxAmt |
| Distributable Before Adj | $375,622 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $375,622 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $375,622 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $384,416 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $384,416 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $4,934 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $379,482 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $375,622 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $245,325 | UndistributedIncomePYAmt |
| Prior Year1 | 2014 | PriorYear1Yr |
| Prior Year2 | 2013 | PriorYear2Yr |
| Prior Year3 | 2012 | PriorYear3Yr |
| Excess Distribution Cyov Yr1 | $0 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $384,416 | QualifyingDistributionsAmt |
| Applied To Year1 | $245,325 | AppliedToYear1Amt |
| Applied To Current Year | $139,091 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Undistributed Income CY | $236,531 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
| Excess From Current Year | $0 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | SANDRA WALSH | ContributingManagerNm |
| Shareholder Manager | NA | ShareholderManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NAMES SEE ATTACHED SCHEDULE #1 | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ADDRESSES ON FILE IN OFFICE | AddressLine1Txt |
| Address Line2 | LEO S WALSH FOUNDATION-PO BOX 222 | AddressLine2Txt |
| City | WESTHAMPTON BEACH | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 119780222 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | RELATIONSHIP: NONE | RecipientRelationshipTxt |
| Grant Or Contribution Purpose | THE PURPOSE OF THE CASH CONTRIBUTIONS IS TO AID EACH DONEE ORGANIZATION IN CARRYING OUT ITS EXEMPT FUNCTION. | GrantOrContributionPurposeTxt |
| Amt | $302,500 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $302,500 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp |
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $28 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $459,438 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 900099 | BusinessCd |
| Unrelated Business Taxbl Incm | $3,970 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 18 | ExclusionCd |
| Exclusion | $3,485 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $78,119 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $3,970 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $541,070 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $545,040 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING & TAX PREP FEES | CategoryTxt |
| Amt | $18,600 | Amt |
| Net Investment Income | $9,300 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $9,300 | DisbursementsCharitablePrpsAmt |
All Oth Prog Rltd Investments Sch AllOthProgRltdInvestmentsSch
All Other Program Related Invst AllOtherProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | NONE | Desc |
Depreciation Schedule DepreciationSchedule
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | IRC SECT.171(c)-ELECTION AMORT.BOND PREM | IdentifierTxt |
| Form And Line Reference | IRC SECT.171(c)-ELECTION AMORT.BOND PREM REGULATION SECTION 1.171-4(a) | FormAndLineReferenceDesc |
| Medium Explanation | THE LEO S. WALSH FOUNDATION, INC. HEREBY ELECTS UNDER SECTION 171(c) OF THE INTERNAL REVENUE CODE AND REGULATION SECTION 1.171-4(a) TO AMORTIZE BOND PREMIUM PURSUANT TO TREASURY REGULATION 1.171-4(a). | MediumExplanationTxt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (85 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| $50,000 HOME DEPOT INC SR NTS | $0 | $0 |
| $25,000 BANK OF AMERICA CORP | $0 | $0 |
| $10,000 PRUDENTIAL FINANCIAL | $9,052 | $10,440 |
| $15,000 PRUDENTIAL FINANCIAL | $13,578 | $15,659 |
| $50,000 VERIZON COMMUNICATIONS | $51,147 | $52,193 |
| 2,000 PREFD.ASTORIA FIN'L 6.5% | $0 | $0 |
| 4,000 SUB.NOTES AMTRUST 7.25% | $0 | $0 |
| 3,000 SUB.NOTES AMTRUST 7.5% | $0 | $0 |
| 6,000 PREFD.AGNC INVEST 7.75% | $150,000 | $150,600 |
| 4,000 SR.NOTES ARLINGTON 6.75 | $100,000 | $88,000 |
| 2,000 SR.NOTES APOLLO 6.875% | $0 | $0 |
| 4,000 PREFD.ALLSTATE CORP.6.75 | $100,000 | $103,120 |
| 2,000 PREFD.ARCH CAPITAL 6.75% | $50,000 | $50,340 |
| 3,700 PREFD.BANK OF AMER.6.625 | $92,500 | $95,127 |
| 6,500 PREFD.BANK OF AMER.6.5% | $162,500 | $165,880 |
| 2,000 PREFD.BARCLAYS BK 7.1% | $50,000 | $50,760 |
| 1,000 PREFD.BARCLAYS BK 7.75% | $0 | $0 |
| 2,000 PREFD.BARCLAYS BK 8.125% | $50,000 | $51,080 |
| 5,000 PREFD.COLONY CAP. 7.125% | $0 | $0 |
| 4,000 PREFD.CITIGROUP INC7.125 | $100,000 | $111,920 |
| 7,000 PREFD.CITIGROUP INC6.875 | $175,000 | $191,450 |
| 3,000 PREFD.CITIGROUP INC6.875 | $75,000 | $78,540 |
| 2,000 NOTES QWEST CORP 7.375% | $0 | $0 |
| 2,000 PREFD.QWEST CORP 7.5% | $0 | $0 |
| 8,000 SR.NOTES QWEST 6.625% | $0 | $0 |
| 2,000 PREFD.DIGITAL RLTY 7.375 | $50,000 | $54,300 |
| 2,000 PREFD.FIRST TRUST INTER. | $50,000 | $45,380 |
| 2,000 PREFD.HOSPITALITY 7.125% | $50,000 | $50,440 |
| 2,000 PREFD.HSBC HOLDING 8.125 | $50,000 | $51,900 |
| 4,000 SR.NOTES HERCULES 6.25% | $0 | $0 |
| 4,000 PREFD.JPMORGAN 6.30% | $0 | $0 |
| 8,000 PREFD.JPMORGAN 6.125% | $0 | $0 |
| 2,500 PREFD.JPMORGAN 6.15% | $0 | $0 |
| 3,000 SR.NOTES KKR FIN'L 7.5% | $0 | $0 |
| 800 SR.NOTES KKR FIN'L 7.5% | $20,002 | $20,288 |
| 4,000 SUB.DEB. KEMPER 7.375% | $0 | $0 |
| 2,000 PREFD.MERRILL TR I 6.45 | $50,000 | $50,247 |
| 2,000 PREFD.MERRILL TR II 6.45 | $0 | $0 |
| 1,400 PREFD.MFA FIN'L INC. 8% | $35,000 | $35,980 |
| 2,000 PREFD. MORGAN STAN. 6.45 | $0 | $0 |
| 4,000 SUB.NOTES NAT'L GEO.7.62 | $0 | $0 |
| 4,000 NOTES PITNEY BOWES 6.7% | $100,000 | $102,280 |
| 1,000 PREFD.PS BUSINESS 6.45% | $25,000 | $25,055 |
| 4,000 PREFD.STATE STREET CP 6% | $0 | $0 |
| 6,000 PREFD.TCF FIN'L 6.45% | $150,000 | $150,000 |
| 7,600 SR.NOTES US CELLULAR7.25 | $0 | $0 |
| 400 PREFD.VORNADO RLTY TR6.875 | $0 | $0 |
| 2,000 PREFD.WELLS FARGO 6.625% | $50,000 | $54,200 |
| 6,000 PREFD.WELLS FARGO 6% | $150,000 | $150,480 |
| 2,000 PREFD.WINTRUST FIN'L CRP | $50,000 | $51,740 |
| $700,000 PROSPECT CAPITAL5.875 | $0 | $0 |
| $75,000 PROSPECT CAPITAL 4.75% | $0 | $0 |
| $25,000 OLIN CORP. 5.5% | $0 | $0 |
| $375,000 LLOYDS TSB BK 5% | $0 | $0 |
| $15,000 SACRAMENTO CNTY 6.227% | $0 | $0 |
| $50,000 NASSAU CNTY GEN'L 6.6% | $56,248 | $54,070 |
| $25,000 NASSAU CNTY GEN'L 6.7% | $28,127 | $26,739 |
| $25,000 KENTUCKY ST ELEC.6.49% | $27,417 | $27,290 |
| $200,000 TRANSOCEAN INC 6.8% | $203,115 | $159,004 |
| $25,000 GOLDMAN SACHS 5.75% | $0 | $0 |
| $250,000 BANK AMER CORP 6.5% | $267,194 | $264,319 |
| $325,000 CITIGROUP INC 6.30% | $0 | $0 |
| $100,000 CITIGROUP INC 5.95% | $99,756 | $99,530 |
| 3,500 PREFD.AMTRUST 7.75% | $87,500 | $89,320 |
| 1,000 PREFD.AMTRUST 6.95% | $25,000 | $23,080 |
| 2,500 PREFD.BANK OF AMER 6.2% | $62,500 | $63,100 |
| 3,500 PREFD.CHIMERA INC 8% | $87,500 | $87,570 |
| 12,700 SR.NOTES QWEST 6.5% | $317,500 | $290,195 |
| 1,000 SUB.NOTES DOMINION 5.25% | $25,000 | $22,200 |
| 9,600 SR.NOTES GOV'T 5.875% | $240,000 | $226,272 |
| 1,000 PREFD.GOLDMAN SACHS 6.3% | $25,000 | $26,080 |
| 6,700 SR.NOTES HERCULES 6.25% | $167,041 | $170,180 |
| 2,000 PREFD.SUMMIT HOTEL 6.45% | $50,000 | $47,100 |
| 5,000 PREFD.NAT'L GENERAL 7.5% | $125,000 | $124,950 |
| 3,000 SR.NOTES OM ASSET 5.125% | $75,000 | $65,160 |
| 5,000 PREFD.SEASPAN CORP 7.875 | $125,000 | $97,350 |
| $225,000 OLIN CORP 5.5% | $221,262 | $236,425 |
| $175,000 LLOYDS TSB BK 5% | $186,739 | $185,131 |
| $235,000 U.S.CELLULAR 6.7% | $209,480 | $233,350 |
| $25,000 BERWYN ILL TAXABLE 6% | $28,904 | $27,362 |
| $810,000 JPMORGAN CHASE 7.9% | $852,747 | $849,420 |
| $100,000 BANK OF AMERICA 8% | $104,356 | $106,083 |
| $335,000 CITIGROUP INC 6.3% | $336,637 | $334,849 |
| $100,000 CITIGROUP INC 6.125% | $106,256 | $104,283 |
| 1,000 PREFD.WELLS FARGO 5.7% | $25,000 | $23,660 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (9 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 400 SHS ALTRIA GROUP INC | $7,409 | $27,048 |
| 200 SHS ANADARKO PETE | $11,201 | $13,946 |
| 200 SHS BANK OF AMERICA | $10,726 | $4,420 |
| 200 SHS CHEVRON CORP | $14,501 | $23,540 |
| 22 SHS CST BRANDS INC | $834 | $1,059 |
| 200 SHS VALERO ENERGY CP DELA | $9,366 | $13,664 |
| 350 SHS JOHNSON & JOHNSON | $22,921 | $40,324 |
| 200 SHS JPMORGAN CHASE & CO | $9,695 | $17,258 |
| 300 SHS PHILIP MORRIS INTL INC | $13,058 | $27,447 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (35 entries)
| Category Or ItemCategoryOrItemTxt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 2,251 SHS GROWTH FUNDS OF AMER | $0 | $0 |
| 22,100 SHS PRUDENTIAL ABSOLUT | $0 | $0 |
| 1,329 SHS EUROPACIFIC GROWTH | $0 | $0 |
| 200 SHS ENERGY TRANSFER PARTNE | $0 | $7,162 |
| 650 SHS ALLIANZ NFJ DIVIDEND | $13,274 | $8,197 |
| 252 SHS ALPINE TOTAL DYNAMIC | $10,077 | $1,910 |
| 766 SHS BLACKROCK DEBT STRAT | $16,813 | $8,686 |
| 500 SHS BLACKROCK INT'L GROWTH | $7,518 | $2,755 |
| 850 SHS EATON VANCE LTD DURAT | $15,902 | $11,662 |
| 500 SHS EATON VANCE TAX MGD | $6,874 | $4,010 |
| 1,900 SHS INVESCO VAN KAMPEN | $16,887 | $8,816 |
| 1,000 SHS PIMCO HIGH INCOME FD | $15,758 | $9,170 |
| 1,273 SHS AMG GW&K ENHANCED | $11,528 | $12,311 |
| 7,616 SHS FEDERATED STRATEGIC | ||
| 2,574 SHS FIDELITY ADV NEW | ||
| 10,243 SHS JANUS GLB UNCONSTR. | ||
| 17,871 SHS JPMORGAN STRAT INC | ||
| 2,429 SHS LORD ABBETT CORE FIX | ||
| 4,379 SHS MAINSTAY HIGH YIELD | ||
| 5,023 SHS PIMCO UNCONSTRAINED | ||
| 2,823 SHS GUGGENHEIM TOTAL RET | ||
| 4,000 SHS KKR FIN'L HOLDGS LLC | $99,578 | $103,840 |
| 7,500 SHS FIRST TR SENIOR FLOA | $75,000 | $75,900 |
| 426 SHS GROWTH FUND AMER CL C | $16,745 | $16,739 |
| 1,806 SHS GROWTH FD AMER CL F1 | $62,536 | $75,456 |
| 5,000 SHS NUVEEN HIGH INCOME | $50,000 | $49,400 |
| 16,777 SHS FEDERATED STRATEGIC | $88,713 | $98,986 |
| 2,717 SHS FIDELITY ADV NEW | $67,875 | $64,359 |
| 5,834 SHS GUGGENHEIM TOTAL RET | $156,095 | $154,125 |
| 10,518 SHS JANUS GLB UNCONSTR. | $103,467 | $100,870 |
| 18,533 SHS JPMORGAN STRAT INC | $218,729 | $213,876 |
| 2,470 SHS LORD ABBETT CORE FIX | $27,501 | $26,532 |
| 4,630 SHS MAINSTAY HIGH YIELD | $24,599 | $26,437 |
| 5,087 SHS PIMCO UNCONSTRAINED | $55,922 | $54,182 |
| 22,414 SHS PRUDENTIAL ABSOLUT | $219,569 | $215,624 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | BOOK TO TAX TIMING INCOME DIFFERENCES | Desc |
| Amt | $713 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| PAYROLL FEES | $1,542 | $1,542 | |
| POSTAGE EXPENSE | $199 | $199 | |
| FILING FEES | $250 | $250 | |
| BOND PREMIUM AMORTIZATION | $1,176 | $1,176 | |
| SUPPLIES | $257 | $257 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| THRU ENERGY TRANSFER PARTNERS-PTP | $81 | $84 |
| THRU KKR FINANCIAL HOLDINGS LLC-PTP | $7,374 | $7,374 |
| LESS UBIT AMOUNT REPORTED ON FORM 990-T | -$3,970 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| PAYROLL TAXES | $5,368 | $5,368 |
| FEDERAL UBIT TAXES | $471 |