NORMAN & BETTINA ROBERTS FOUNDATION INC: Form 990PF, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- NORMAN & BETTINA ROBERTS FOUNDATION INC (EIN 13-3702467)
- Tax period
- 2015-01-01 to 2015-12-31
- Filed
- 2016-11-14
- IRS object ID
- 201623199349102617
- Schema version
- 2015v2.0
- 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
- Contractor Compensation Expln
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2016-11-14T13:37:56-08:00 | ReturnTs |
| Tax Period End | 2015-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MCINTEE FUSARO DEL CORRAL LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 277 FAIRFIELD RD STE 300 | AddressLine1Txt |
| City | FAIRFIELD | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 070041942 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2015-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 133702467 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE NORMAN & BETTINA ROBERTS FOUNDATION | BusinessNameLine1Txt |
| Business Name Line2 | INC | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | NORM | BusinessNameControlTxt |
| Phone | 9738820300 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 277 FAIRFIELD RD | AddressLine1Txt |
| City | FAIRFIELD | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07004 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | LAWRENCE MAGID | PersonNm |
| Person Title | President | PersonTitleTxt |
| Signature | 2016-11-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | DARREN FUSARO | PreparerPersonNm |
| PTIN | P01215680 | PTIN |
| Phone | 9738820300 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2015 | TaxYr |
| Build TS | 2017-02-10 21:41:12Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $32,755,350 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $943,822 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $943,822 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $2,157 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $12,271,979 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $2,157 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $790,578 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $790,578 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $1,736,557 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,736,557 | TotalNetInvstIncmAmt |
| Legal Fees Rev And Expnss | $57,193 | LegalFeesRevAndExpnssAmt |
| Legal Fees Dsbrs Chrtbl | $57,193 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $30,900 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Chrtbl Prps | $30,900 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $138,213 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $138,213 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $32,184 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $8,729 | TaxesNetInvstIncmAmt |
| Trav Conf Meeting Rev And Expnss | $1,307 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $1,307 | TravConfMeetingDsbrsChrtblAmt |
| Printing And Pub Rev And Expnss | $168 | PrintingAndPubRevAndExpnssAmt |
| Printing And Pub Dsbrs Chrtbl | $168 | PrintingAndPubDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $3,957 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Dsbrs Chrtbl | $3,957 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $263,922 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $146,942 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $93,525 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $2,091,346 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $2,091,346 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $2,355,268 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $146,942 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $2,184,871 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$618,711 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,589,615 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $1,272,659 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $814,061 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $814,061 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $12,294,688 | CorporateStockBOYAmt |
| Corporate Stock EOY | $15,250,404 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $11,718,420 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $7,877,214 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $4,878,931 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $4,035,869 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $3,472,674 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $3,472,674 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $16,187,000 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $24,917,235 | TotalAssetsBOYAmt |
| Total Assets EOY | $24,416,070 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $32,755,350 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
| Unrestricted BOY | $24,917,235 | UnrestrictedBOYAmt |
| Unrestricted EOY | $24,416,070 | UnrestrictedEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $24,917,235 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $24,416,070 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $24,917,235 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $24,416,070 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $24,917,235 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$618,711 | ExcessRevenueOverExpensesAmt |
| Other Increases | $117,546 | OtherIncreasesAmt |
| Subtotal | $24,416,070 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $24,416,070 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| Various Security trades - See attached | P | 2015-12-31 | 2015-12-31 | $7,254,613 | $6,846,635 | $407,978 | $407,978 |
| Various Security trades - See attached | P | 2013-12-31 | 2015-12-31 | $5,017,366 | $5,423,187 | -$405,821 | -$405,821 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $2,157 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $2,145,491 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $28,503,624 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.07527 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $2,008,675 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $26,157,748 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.07679 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $1,710,937 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $25,310,111 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.06760 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $1,689,621 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $19,511,720 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.08660 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $1,726,824 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $22,972,197 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.07517 | DistributionYr5Rt |
| Total Distribution | 0.381426 | TotalDistributionRt |
| Average Distribution | 0.076285 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $33,750,798 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $2,574,680 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $15,896 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $2,590,576 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $2,184,871 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $31,792 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $31,792 | SubtotalAmt |
| Tax Based On Investment Income | $31,792 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $32,081 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $32,081 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $289 | EsPenaltyAmt |
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 |
| 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 | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | D McIntee Treasurer | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 9738820300 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 277 FAIRFIELD RD - SUITE 300 | AddressLine1Txt |
| City | FAIRFIELD | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07004 | 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 | Yes (true) | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Undistr Incm Sect4942a2 Not App | false | UndistrIncmSect4942a2NotAppInd |
| Business Holdings | Yes (true) | BusinessHoldingsInd |
| Excess Business Holdings | false | ExcessBusinessHoldingsInd |
| 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 |
| Transactions Fail To Qlfy As Exc | false | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | false | MaintainedExpenditureRspnsInd |
| 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 (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|---|---|---|---|
| JOSEPH CANCIGLIA | ||||||
| 118 ENGLE STREET | TENAFLY | NJ | 07670 | Vice President | 5.00 | $0 |
| DAVID MCINTEE | ||||||
| 277 FAIRFIELD RD - SUITE 300 | FAIRFIELD | NJ | 07004 | Treasurer | 5.00 | $0 |
| LAWRENCE MAGID | ||||||
| 141 CRESCENT DRIVE | SEARINGTOWN | NY | 11507 | President | 5.00 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Janney Montgommery Scott | |||||
| 1717 Arch Street | Philadelphia | PA | 191031675 | INVESTMENT MGT. | $138,213 |
| STEINBECK & ASSOCIATES | |||||
| ONE UNIVERSITY PLAZA SUITE 412 | HACKENSACK | NJ | 07601 | LEGAL SERVICES | $57,193 |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $19,765,584 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,204,536 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $13,294,650 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $34,264,770 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $34,264,770 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $513,972 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $33,750,798 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,687,540 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,687,540 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $31,792 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $31,792 | TotalTaxAmt |
| Distributable Before Adj | $1,655,748 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $1,655,748 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $1,655,748 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $2,184,871 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $2,184,871 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $2,184,871 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,655,748 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr5 | $610,080 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $769,033 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $479,311 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $762,246 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $775,162 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $3,395,832 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $2,184,871 | QualifyingDistributionsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $1,655,748 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $529,123 | RemainingDistriFromCorpusAmt |
| Total Corpus | $3,924,955 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $610,080 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $3,314,875 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $769,033 | ExcessFromYear4Amt |
| Excess From Year3 | $479,311 | ExcessFromYear3Amt |
| Excess From Year2 | $762,246 | ExcessFromYear2Amt |
| Excess From Year1 | $775,162 | ExcessFromYear1Amt |
| Excess From Current Year | $529,123 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | SEE ATTACHED SCHEDULE - all 501c3 | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | VARIOUS | AddressLine1Txt |
| City | FAIRFIELD | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07004 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | n/a | RecipientRelationshipTxt |
| Recipient Foundation Status | PC | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | Various - see attached | GrantOrContributionPurposeTxt |
| Amt | $2,091,346 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $2,091,346 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $11,111 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 14 | ExclusionCd |
| Exclusion | $932,711 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $49,501 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 15 | ExclusionCd |
| Exclusion | $67,065 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $2,157 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (3 entries)
| DescDesc | BusinessBusinessCd | Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt |
|---|---|---|
| Net Rental Pass-Thru | 531110 | $872,802 |
| Oil & Gas Pass Thru | 211110 | -$100,613 |
| Royalties | 211110 | $825 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $734,624 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $1,001,933 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,736,557 | 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 | MCINTEE FUSARO DEL CORRAL, PLLC | CategoryTxt |
| Amt | $30,900 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $30,900 | DisbursementsCharitablePrpsAmt |
Contractor Compensation Expln ContractorCompensationExpln
Contractor Comp Expln ContractorCompExplnGrp (2 entries)
| ExplanationExplanationTxt |
|---|
| Janney Montgommery Scott |
| THE FOUNDATION HAS CONTRACTED WITH THIS FIRM TO MANAGE ITS INVESTMENT PORTFOLIO |
| STEINBECK & ASSOCIATES |
| THE PERFORMED VARIOUS LEGAL SERVICES FOR FOUNDAITON. |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | CORPORATE BONDS - SEE ATTACHED | BondNm |
| EOY Book Value | $4,878,931 | EOYBookValueAmt |
| EOYFMV | $4,035,869 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (3 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| CORPORATE STOCK - SEE ATTACHED | $10,577,154 | $7,818,960 |
| MUTUAL FUNDS - SEE ATTCHED | $1,810,988 | $1,838,660 |
| PUBLICLY TRADED LP'S | $2,862,262 | $2,060,800 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | LIMITED PARTNERSHIPS | CategoryOrItemTxt |
| Listed At Cost Or FMV | FMV | ListedAtCostOrFMVCd |
| Book Value | $3,472,674 | BookValueAmt |
| EOYFMV | $16,187,000 | EOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Steinbeck & Company | CategoryTxt |
| Legal Fees | $57,193 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $57,193 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| INSURANCE | $2,485 | $2,485 |
| NYS FILING FEE | $750 | $750 |
| POSTAGE | $195 | $195 |
| SUBSCRIPTIONS | $527 | $527 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| Net Rental Pass-Thru | $872,802 | |
| Oil & Gas Pass Thru | -$100,613 | |
| Other Investment Income | $17,564 | $790,578 |
| Royalties | $825 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | JANNEY & CO | CategoryTxt |
| Amt | $138,213 | Amt |
| Net Investment Income | $138,213 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| FEDERAL EXCISE TAXES | $23,455 | |
| FOREIGN TAXES | $8,729 | $8,729 |