TORCIVIA FAMILY FOUNDATION INC: Form 990PF, tax year 2014
View the entire original 990 at ProPublica ↗
- Organization
- TORCIVIA FAMILY FOUNDATION INC (EIN 52-1571994)
- Tax period
- 2014-03-01 to 2015-02-28
- Filed
- 2016-01-15
- IRS object ID
- 201630159349100313
- Schema version
- 2014v6.0
- 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
- Expln Of Non Filing With AG Stmt
- Investments Other Schedule2
- Other Assets Schedule
- Other Expenses Schedule
- Substantial Contributors Sch
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2016-01-15T10:29:40-06:00 | ReturnTs |
| Tax Period End | 2015-02-28 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 221732349 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WISS & COMPANY LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 354 EISENHOWER PARKWAY | AddressLine1Txt |
| City | LIVINGSTON | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07039 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2014-03-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 521571994 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TORCIVIA FAMILY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | TORC | BusinessNameControlTxt |
| Phone | 7327048900 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 328 NEWMAN SPRINGS ROAD | AddressLine1Txt |
| City | RED BANK | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07701 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JOSEPH TORCIVIA | PersonNm |
| Person Title | CO-PRESIDENT | PersonTitleTxt |
| Phone | 7327048900 | PhoneNum |
| Signature | 2016-01-11 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MICHAEL J LEE | PreparerPersonNm |
| PTIN | P00260762 | PTIN |
| Phone | 9739949400 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2014 | TaxYr |
| Build TS | 2016-04-25 22:37:26Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $4,600,576 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $3,058,145 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $23 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $23 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $93,026 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $93,026 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $141,509 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $7,694,167 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $1,212,918 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $3,292,703 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,305,967 | 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 |
| Accounting Fees Rev And Expnss | $3,147 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $1,573 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $1,574 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $331 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $1,527 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $1,500 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $27 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $5,005 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $3,073 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $1,601 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $305,667 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $305,667 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $310,672 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $3,073 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $307,268 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $2,982,031 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,302,894 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $40,846 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $80,592 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $80,592 | SavAndTempCashInvstEOYFMVAmt |
| Other Investments BOY | $1,356,724 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $4,299,009 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $4,476,484 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $43,500 | OtherAssetsBOYAmt |
| Other Assets EOY | $43,500 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $43,500 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $1,441,070 | TotalAssetsBOYAmt |
| Total Assets EOY | $4,423,101 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $4,600,576 | 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 | $1,441,070 | RetainedEarningBOYAmt |
| Retained Earning EOY | $4,423,101 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $1,441,070 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $4,423,101 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $1,441,070 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $4,423,101 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $1,441,070 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $2,982,031 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $4,423,101 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $4,423,101 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (7 entries)
| PropertyPropertyDesc | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| GOLDMAN SACHS #456-5 | 2014-03-28 | $1,448,563 | $1,084,192 | $364,371 | $364,371 |
| GOLDMAN SACHS #456-5 | 2014-03-04 | $50,000 | $42,862 | $7,138 | $7,138 |
| GOLDMAN SACHS #456-5 | 2014-09-05 | $150,000 | $122,190 | $27,810 | $27,810 |
| GOLDMAN SACHS #456-5 | 2014-09-17 | $1,615,594 | $902,544 | $713,050 | $713,050 |
| GOLDMAN SACHS #456-5 | 2014-06-19 | $50,000 | $40,995 | $9,005 | $9,005 |
| GOLDMAN SACHS #456-5 | 2014-12-29 | $81,000 | $67,733 | $13,267 | $13,267 |
| GOLDMAN SACHS #456-5 | 2015-01-28 | $4,299,010 | $4,220,733 | $78,277 | $78,277 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $1,212,918 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $751,015 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $1,820,662 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.412496 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $717,046 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $1,281,305 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.559622 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $189,039 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $714,675 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.264510 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $139,857 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $591,117 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.236598 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $133,260 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $377,233 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.353256 | DistributionYr5Rt |
| Total Distribution | 1.826482 | TotalDistributionRt |
| Average Distribution | 0.365296 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $3,577,908 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $1,306,995 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $13,029 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $1,320,024 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $307,268 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $26,058 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $26,058 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $26,058 | TaxBasedOnInvestmentIncomeAmt |
| Applied To Es Tax | $2,500 | AppliedToEsTaxAmt |
| Total Payments And Credits | $2,500 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $31 | EsPenaltyAmt |
| Tax Due | $23,589 | TaxDueAmt |
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 |
| Form990 PF Filed With Atty Gen | 0 | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | Yes (1) | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | PHIL FISCHER | IndividualWithBooksNm |
| Phone | 7327048900 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 328 NEWMAN SPRINGS ROAD | AddressLine1Txt |
| City | RED BANK | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07701 | 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 (3 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 |
|---|---|---|---|---|---|---|---|---|
| BENEDICT TORCIVIA JR | ||||||||
| 328 NEWMAN SPRINGS ROAD | RED BANK | NJ | 07701 | CO-PRESIDENT & SECRETARY | 10.00 | $0 | $0 | $0 |
| JOSEPH TORCIVIA | ||||||||
| 328 NEWMAN SPRINGS ROAD | RED BANK | NJ | 07701 | CO-PRESIDENT & TREASURER | 10.00 | $0 | $0 | $0 |
| ELVIRA TORCIVIA | ||||||||
| 328 NEWMAN SPRINGS ROAD | RED BANK | NJ | 07701 | FOUNDER'S SPOUSE | 0.00 | $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 | $3,482,915 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $105,979 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $43,500 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $3,632,394 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $3,632,394 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $54,486 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $3,577,908 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $178,895 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $178,895 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $26,058 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $26,058 | TotalTaxAmt |
| Distributable Before Adj | $152,837 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $152,837 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $152,837 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $307,268 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $307,268 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $307,268 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $152,837 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $114,478 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $114,263 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $154,121 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $653,325 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $662,746 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $1,698,933 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $307,268 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $152,837 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $154,431 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $1,853,364 | 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 | $114,478 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $1,738,886 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $114,263 | ExcessFromYear4Amt |
| Excess From Year3 | $154,121 | ExcessFromYear3Amt |
| Excess From Year2 | $653,325 | ExcessFromYear2Amt |
| Excess From Year1 | $662,746 | ExcessFromYear1Amt |
| Excess From Current Year | $154,431 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | ELVIRA TORCIVIA | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (20 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| COMMUNITY YMCA | |||||||
| 113 TINDALL ROAD | MIDDLETOWN | NJ | 07701 | N/A | PUBLIC CHARITY | CHARITABLE | $5,000 |
| HAMILTON COLLEGE | |||||||
| 198 COLLEGE HILL ROAD | CLINTON | NY | 13323 | N/A | PUBLIC CHARITY | CHARITABLE | $15,000 |
| INDEPENDENT COLLEGE FUND | |||||||
| 797 SPRINGFIELD AVENUE | SUMMIT | NJ | 07901 | N/A | PUBLIC CHARITY | CHARITABLE | $1,000 |
| JUPITER MEDICAL CENTER | |||||||
| 1210 S OLD DIXIE HW | JUPITER | FL | 33458 | N/A | PUBLIC CHARITY | CHARITABLE | $5,000 |
| LEHIGH UNIVERSITY | |||||||
| 27 MEMORIAL DR W | BETHLEHEM | PA | 18015 | N/A | PUBLIC CHARITY | CHARITABLE | $23,500 |
| MONMOUTH MEDICAL CENTER FOUNDATION | |||||||
| 300 SECOND AVENUE | LONG BRANCH | NJ | 07740 | N/A | PUBLIC CHARITY | CHARITABLE | $5,000 |
| MONMOUTH UNIVERSITY | |||||||
| 400 CEDAR AVENUE | WEST LONG BRANCH | NJ | 07764 | N/A | OTHER PUBLIC CHARITY | CHARITABLE | $20,000 |
| OCEAN MEDICAL CENTER | |||||||
| 425 JACK MARTIN BLVD | BRICK | NJ | 08724 | N/A | PUBLIC CHARITY | CHARITABLE | $66,667 |
| RIVERVIEW MEDICAL CENTER | |||||||
| 1 RIVERVIEW PLAZA | RED BANK | NJ | 07701 | N/A | PUBLIC CHARITY | CHARITABLE | $10,000 |
| RUMSON COUNTRY DAY SCHOOL | |||||||
| 35 BELLEVUE AVENUE | RUMSON | NJ | 07760 | N/A | PUBLIC CHARITY | CHARITABLE | $27,000 |
| SETON HALL UNIVERSITY | |||||||
| 400 SOUTH ORANGE AVENUE | SOUTH ORANGE | NJ | 07079 | N/A | PUBLIC CHARITY | CHARITABLE | $20,000 |
| SETON HALL UNIVERSITY LAW SCHOOL | |||||||
| ONE NEWARK CENTER | NEWARK | NJ | 07102 | N/A | OTHER PUBLIC CHARITY | CHARITABLE | $15,000 |
| SPRINGPOINT FOUNDATION BOARD | |||||||
| 13 ROSZEL ROAD SUITE C120 | WEST WINDSOR | NJ | 08540 | N/A | PUBLIC CHARITY | CHARITABLE | $1,000 |
| ST JOSEPH'S REGIONAL | |||||||
| 703 MAIN STREET | PATERSON | NJ | 07503 | N/A | PUBLIC CHARITY | CHARITABLE | $17,000 |
| ROCKPORT MUSIC | |||||||
| 37 MAIN ST | ROCKPORT | MA | 01966 | N/A | PUBLIC CHARITY | CHARITABLE | $1,000 |
| REFOREST THE TROPICS INC | |||||||
| 28G COTTRELL ST | MYSTIC | CT | 06355 | N/A | PUBLIC CHARITY | CHARITABLE | $15,000 |
| TANZANIAN CHILDREN'S FUND | |||||||
| 9 WATERHOUSE ST | CAMBRIDGE | MA | 02138 | N/A | PUBLIC CHARITY | CHARITABLE | $2,500 |
| FOUNDATION AT NJIT | |||||||
| UNIVERSITY HEIGHTS | NEWARK | NJ | 07102 | N/A | PUBLIC CHARITY | CHARITABLE | $26,000 |
| SPRINGPOINT SENIOR LIVING FOUNDATION | |||||||
| 4814 OUTLOOK DRIVE 201 | WALL TOWNSHIP | NJ | 07753 | N/A | PUBLIC CHARITY | CHARITABLE | $5,000 |
| WORLD MEETING OF FAMILIES | |||||||
| 222 NORTH 17TH STREET SUITE 706 | PHILADELPHIA | PA | 19103 | N/A | PUBLIC CHARITY | CHARITABLE | $25,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $305,667 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $23 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $93,026 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $141,509 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $234,558 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $234,558 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (2 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Noncash ContributionNoncashContributionInd |
|---|---|---|---|---|---|---|
| ELVIRA C TORCIVIA | ||||||
| 1 | C/O TORCON INC 328 NEWMAN SPRINGS R | RED BANK | NJ | 07701 | $1,440,740 | Yes (X) |
| ELVIRA C TORCIVIA | ||||||
| 2 | C/O TORCON INC 328 NEWMAN SPRINGS R | RED BANK | NJ | 07701 | $1,617,405 | Yes (X) |
Non Cash Property Contribution NonCashPropertyContributionGrp (2 entries)
| ContributorContributorNum | Noncash PropertyNoncashPropertyDesc | Fair Market ValueFairMarketValueAmt | ReceivedReceivedDt |
|---|---|---|---|
| 1 | VARIOUS PUBLICLY TRADED SECURITIES | $1,440,740 | 2014-03-27 |
| 2 | VARIOUS PUBLICLY TRADED SECURITIES | $1,617,405 | 2014-09-17 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | PROFESSIONAL FEES | CategoryTxt |
| Amt | $3,147 | Amt |
| Net Investment Income | $1,573 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $1,574 | DisbursementsCharitablePrpsAmt |
Expln Of Non Filing With AG Stmt ExplnOfNonFilingWithAGStmt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | NEW JERSEY HAS NO REGISTRATION REQUIREMENT FOR A CHARITABLE ORGANIZATION WHICH DOES NOT EXCEED $10,000 IN GROSS PUBLIC CONTRIBUTIONS. | ExplanationTxt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | EQUITY FUNDS | CategoryOrItemTxt |
| Listed At Cost Or FMV | AT COST | ListedAtCostOrFMVCd |
| Book Value | $4,299,009 | BookValueAmt |
| EOYFMV | $4,476,484 | EOYFMVAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER ASSETS | Desc |
| BOY Book Value | $43,500 | BOYBookValueAmt |
| EOY Book Value | $43,500 | EOYBookValueAmt |
| EOYFMV | $43,500 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| GOLDMAN SACHS ANNUAL CUSTODIAL FEE | $1,500 | $1,500 | $0 |
| MISC | $27 | $0 | $27 |
Substantial Contributors Sch SubstantialContributorsSch
Substantial Contributor Detail SubstantialContributorDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ELVIRA TORCIVIA | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 328 NEWMAN SPRINGS ROAD | AddressLine1Txt |
| City | RED BANK | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07701 | ZIPCd |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | MISC TAXES | CategoryTxt |
| Amt | $331 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |