MARIO FAMILY FOUNDATION: Form 990PF, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- MARIO FAMILY FOUNDATION (EIN 20-1400656)
- Tax period
- 2016-01-01 to 2016-12-31
- Filed
- 2017-05-12
- IRS object ID
- 201741329349100639
- 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
- Accounting Fees Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- Other Expenses Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2017-05-12T09:18:37-05:00 | ReturnTs |
| Tax Period End | 2016-12-31 | 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 | 1670 WHITEHORSE HAM SQ RD | AddressLine1Txt |
| City | HAMILTON | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 086903513 | 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 | 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 | 6099242400 | 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 | CHRISTOPHER B MARIO | PersonNm |
| Person Title | DIRECTOR | PersonTitleTxt |
| Phone | 6099242400 | PhoneNum |
| Signature | 2017-05-08 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JEANMARIE F MOORE | PreparerPersonNm |
| PTIN | P00143367 | PTIN |
| Phone | 6098909189 | PhoneNum |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 75.99.151.218 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2017-05-08 | IPDt |
| IP Tm | 16:20:10 | IPTm |
| IP Timezone | ED | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | B28D3582AE97E5C990EE1A27ACD3032C48BF7A31 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 529E3C882BB4A6F5912CA16D3B560A4EEDBC9A23 | 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 | $29,554,334 | 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 | $39,000 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $226,149 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $225,350 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$220,806 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $8,831,883 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $44,343 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $225,350 | 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 |
| Legal Fees Rev And Expnss | $3,221 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $3,221 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $7,500 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $3,750 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $3,750 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $169,108 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $150,015 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $19,093 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $25,834 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $6,961 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $25 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $2,015 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $2,015 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $207,678 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $162,741 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $26,089 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,424,500 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,424,500 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,632,178 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $162,741 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,450,589 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$1,587,835 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $62,609 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $2,623,784 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $1,215,558 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $1,215,558 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $16,969,324 | CorporateStockBOYAmt |
| Corporate Stock EOY | $17,009,454 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $23,580,738 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $4,945,739 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $4,726,000 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $4,758,038 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $24,538,847 | TotalAssetsBOYAmt |
| Total Assets EOY | $22,951,012 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $29,554,334 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $24,538,847 | RetainedEarningBOYAmt |
| Retained Earning EOY | $22,951,012 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $24,538,847 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $22,951,012 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $24,538,847 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $22,951,012 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $24,538,847 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$1,587,835 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $22,951,012 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $22,951,012 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (10 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|---|---|
| BESSEMER #8G8864 | 2016-01-01 | 2016-12-31 | $261,998 | $281,020 | -$19,022 | -$19,022 | |
| BESSEMER #8G8864 | 2015-01-01 | 2016-12-31 | $2,179,685 | $2,169,689 | $9,996 | $9,996 | |
| BESSEMER #8H3246 BOSTON SCIENTIFIC | 2004-04-29 | 2016-07-29 | $348,846 | $563,544 | -$214,698 | -$214,698 | |
| SCHWAB #2541 EPIRUS BIOPHARMA | 2015-06-25 | 2016-05-10 | $18,516 | $90,255 | -$71,739 | -$71,739 | |
| SCHWAB #7766 | 2016-01-01 | 2016-12-31 | $5,821,762 | $5,818,029 | $3,733 | $3,733 | |
| PV III CEO FUND, LP K-1 | 2016-01-01 | 2016-12-31 | $552 | $552 | P | ||
| PV III CEO FUND, LP K-1 | 2015-01-01 | 2016-12-31 | -$133,891 | -$133,891 | P | ||
| BESSEMER #8864 LIQUIDATING DISTRIBUTION | 2015-01-01 | 2016-11-15 | $3,172 | $3,172 | P | ||
| BESSEMER #4615 LIQUIDATING DISTRIBUTION | 2015-01-01 | 2016-11-15 | $15 | $15 | P | ||
| CAPITAL GAINS DIVIDENDS | $201,076 | $201,076 | $201,076 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$220,806 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $1,637,892 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $28,839,098 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.056794 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $1,475,086 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $29,288,987 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.050363 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $1,352,798 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $26,753,406 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.050565 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $1,172,670 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $23,833,036 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.049204 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $1,260,480 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $26,860,354 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.046927 | DistributionYr5Rt |
| Total Distribution | 0.253853 | TotalDistributionRt |
| Average Distribution | 0.050771 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $28,301,545 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $1,436,898 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $626 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $1,437,524 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $1,450,589 | 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 | $626 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $626 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $626 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $24,400 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $24,400 | TotalPaymentsAndCreditsAmt |
| Overpayment | $23,774 | OverpaymentAmt |
| Applied To ES Tax | $23,774 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | NJ | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | CHRISTOPHER MARIO | IndividualWithBooksNm |
| Phone | 6099242400 | 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 | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (5 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 | ||||||||
| PO BOX 213 236 POWER HOUSE RD | GLENBROOK | NV | 89413 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| MILDRED M MARIO | ||||||||
| PO BOX 213 236 POWER HOUSE RD | GLENBROOK | NV | 89413 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| CHRISTOPHER B MARIO | ||||||||
| 20 HAMILTON AVE | PRINCETON | NJ | 08542 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| GREGORY G MARIO | ||||||||
| 6 STOUT RD | PRINCETON | NJ | 08540 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| JEREMY K MARIO | ||||||||
| 246 ROSEMONT DR | DURHAM | NC | 27713 | DIRECTOR | 1.00 | $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 | $26,422,961 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $2,309,572 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $28,732,533 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $28,732,533 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $430,988 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $28,301,545 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,415,077 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,415,077 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $626 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $626 | TotalTaxAmt |
| Distributable Before Adj | $1,414,451 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $1,414,451 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $1,414,451 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,450,589 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $1,450,589 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $626 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $1,449,963 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,414,451 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr3 | $5,177 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $36,320 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $244,347 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $285,844 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,450,589 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $1,414,451 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $36,138 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $321,982 | 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 | $321,982 | ExcessDistriCyovToNextYrAmt |
| Excess From Year3 | $5,177 | ExcessFromYear3Amt |
| Excess From Year2 | $36,320 | ExcessFromYear2Amt |
| Excess From Year1 | $244,347 | ExcessFromYear1Amt |
| Excess From Current Year | $36,138 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | DR ERNEST MARIO | ContributingManagerNm |
| Contributing Manager | MILDRED M MARIO | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (22 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| DUKE UNIVERSITY | |||||||
| PO BOX 90581 | DURHAM | NC | 27708 | NONE | PUBLIC | DEPARTMENT OF MEDICINE FELLOWS FUND | $35,000 |
| DUKE UNIVERSITY | |||||||
| PO BOX 90581 | DURHAM | NC | 27708 | NONE | PUBLIC | DEPARTMENT OF MEDICINE SCIENCE EXCHANGE DINNER | $15,000 |
| DUKE UNIVERSITY ATHLETIC ASSOC | |||||||
| PO BOX 90581 | DURHAM | NC | 27708 | NONE | PUBLIC | OPERATING FUND | $100,000 |
| DUKE UNIVERSITY ATHLETIC ASSOC | |||||||
| PO BOX 90581 | DURHAM | NC | 27708 | NONE | PUBLIC | DUKE SALUTE-A-SOLDIER PROGRAM | $2,000 |
| ED SNIDER YOUTH HOCKEY FOUND | |||||||
| 3601 S BROAD STREET | PHILADELPHIA | PA | 19148 | NONE | PUBLIC | OPERATING FUND | $10,000 |
| FRIENDS OF THE BATTLESHIP NC | |||||||
| PO BOX 480 | WILMINGTON | NC | 28402 | NONE | PUBLIC | OPERATING FUND | $25,000 |
| INSTITUTE FOR JUSTICE | |||||||
| 901 NORTH GLEBE ROAD SUITE 900 | ARLINGTON | VA | 22203 | NONE | PUBLIC | OPERATING FUND | $100,000 |
| J DAVID GLADSTONE INSTITUTES | |||||||
| 1650 OWENS STREET | SAN FRANCISCO | CA | 94158 | NONE | PUBLIC | OPERATING FUND | $200,000 |
| LOYOLA ACADEMY | |||||||
| 1100 LARAMIE AVENUE | WILMETTE | IL | 60091 | NONE | PUBLIC | OPERATING FUND | $35,000 |
| NATIONAL PRESBYTERIAN SCHOOL | |||||||
| 4121 NEBRASKA AVE NW | WASHINGTON | DC | 20016 | NONE | PUBLIC | OPERATING FUND | $7,500 |
| RUTGERS UNIVERSITY FOUNDATION | |||||||
| 7 COLLEGE AVE WINANTS HALL | NEW BRUNSWICK | NJ | 08901 | NONE | PUBLIC | OPERATING FUND | $500,000 |
| ST PATRICKS EPISCOPAL DAY SCHOOL | |||||||
| 4700 WHITEHAVEN PARKWAY NW | WASHINGTON | DC | 20007 | NONE | PUBLIC | OPERATING FUND | $18,000 |
| THE LAWRENCEVILLE SCHOOL | |||||||
| PO BOX 6125 | LAWRENCEVILLE | NJ | 08648 | NONE | PUBLIC | ABBOTT DINING HALL | $250,000 |
| THE LAWRENCEVILLE SCHOOL | |||||||
| PO BOX 6125 | LAWRENCEVILLE | NJ | 08648 | NONE | PUBLIC | LAWRENCEVILLE FUND | $10,000 |
| THE MAUI ARTS CULTURAL CENTER | |||||||
| 1 CAMERON WAY | KAHULUI | HI | 96732 | NONE | PUBLIC | OPERATING FUND | $25,000 |
| TRINITY SCHOOL OF DURHAM & CHAPEL HILL | |||||||
| 4011 PICKETT ROAD | DURHAM | NC | 27705 | NONE | PUBLIC | TRINITY FUND | $10,000 |
| UNIVERSITY OF PENNSYLVANIA | |||||||
| 3451 WALNUT STREET | PHILADELPHIA | PA | 19104 | NONE | PUBLIC | PENN BAND | $10,000 |
| OPEN TABLE MINISTRY | |||||||
| 215 N CHURCH STREET | DURHAM | NC | 27701 | NONE | PUBLIC | OPERATING FUND | $25,000 |
| HOUSING NANTUCKET | |||||||
| PO BOX 3149 | NANTUCKET | MA | 02584 | NONE | PUBLIC | OPERATING FUND | $10,000 |
| JOHN T DEMPSTER JR DIVISION UNITED STATES NAVAL SEA CADET CORPS | |||||||
| 2145 TERWOOD ROAD | HUNTINGDON VALLEY | PA | 19006 | NONE | PUBLIC | OPERATING FUND | $2,000 |
| FRIENDS OF THE PALO ALTO MUSEUM AND ZOO | |||||||
| 1451 MIDDLEFIELD ROAD | PALO ALTO | CA | 94301 | NONE | PUBLIC | OPERATING FUND | $25,000 |
| US NAVAL ACADEMY FOUNDATION | |||||||
| 25 MARYLAND AVENUE | ANNAPOLIS | MD | 21401 | NONE | PUBLIC | OPERATING FUND | $10,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,424,500 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $226,149 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$220,806 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $5,343 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $5,343 | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MILLICENT C MARIO 2011 CLAT | BusinessNameLine1Txt |
Contributor US Address ContributorUSAddress
| 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) |
|---|---|---|
| Total Contributions | $39,000 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING/ TAX PREP FEES | CategoryTxt |
| Amt | $7,500 | Amt |
| Net Investment Income | $3,750 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $3,750 | DisbursementsCharitablePrpsAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (3 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| BESSEMER TRUST MANAGED ACCOUNTS | $10,710,351 | $17,409,668 |
| SALEM PARTNERS SCHWAB #2541 | $4,716,787 | $4,624,971 |
| SALEM PARTNERS SCHWAB #7766 | $1,582,316 | $1,546,099 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (7 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| PAPPAS FUND (PV III CEO FUND) | AT COST | $436,920 | $811,262 |
| 44,337 AVID (POST-DEAL RIGHTS) | AT COST | $116,706 | $0 |
| ADA AIM INVESTMENT | AT COST | $700,772 | $29,495 |
| HEARTWOOD FORESTLAND REIT | AT COST | $471,602 | $639,096 |
| SPWM CQS DIRECTIONAL OPPS FEEDER FUND | AT COST | $1,000,000 | $1,135,081 |
| SPWM DOUBLINE OPPORTUNISTIC INCOME FUND | AT COST | $1,000,000 | $1,060,293 |
| SPWM WHITEBOX MULTI STRATEGY FUND | AT COST | $1,000,000 | $1,082,811 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $3,221 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $3,221 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| PASSTHROUGH PORTFOLIO DEDUCTIONS FROM K-1 | $1,897 | $1,897 | $0 |
| ADR & BANK FEES | $118 | $118 | $0 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| REG FEES | $427 | $0 | $427 |
| MANAGEMENT FEES | $37,333 | $18,667 | $18,666 |
| INVESTMENT MANAGEMENT FEES | $131,348 | $131,348 | $0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FOREIGN TAX W/H ON INVESTMENT INCOME | $6,961 | $6,961 | $0 |
| STATE OF DE FRANCHISE FEE | $25 | $0 | $25 |
| FEDERAL TAX | $18,848 | $0 | $0 |