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STANTON AND COLOMBO FAMILY FOUNDATION: Form 990PF, tax year 2015

View the entire original 990 at ProPublica ↗

Organization
STANTON AND COLOMBO FAMILY FOUNDATION (EIN 27-3311232)
Tax period
2015-01-01 to 2015-12-31
Filed
2016-03-31
IRS object ID
201640919349100224
Schema version
2015v2.1
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 ReturnHeader

FieldValueIRS element (for citing)
Return2016-03-31T14:00:58-05:00ReturnTs
Tax Period End2015-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Foundation SourceBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1One Hollow Ln Ste 212AddressLine1Txt
CityLake SuccessCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11042ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2015-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN273311232EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1The Stanton and Colombo Family FoundationBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% Foundation SourceInCareOfNm
Business Name ControlSTANBusinessNameControlTxt
Phone8008391754PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1Foundation Source 501 Silverside RdAddressLine1Txt
CityWilmingtonCityNm
State AbbreviationDEStateAbbreviationCd
ZIP198091377ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJANICE STANTONPersonNm
Person TitletrusteePersonTitleTxt
Phone8008391754PhoneNum
Signature2016-03-09SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJeffrey D HaskellPreparerPersonNm
PTINP01345770PTIN
Phone8008391754PhoneNum
FieldValueIRS element (for citing)
Tax2015TaxYr
Build TS2016-09-27 15:27:22ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$355,867FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$150,000ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$198InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$198InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$6,937DividendsRevAndExpnssAmt
Dividends Net Invst Incm$6,937DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$1,253NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$75,173GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$1,253CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$158,388TotalRevAndExpnssAmt
Total Net Invst Incm$8,388TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$0CompOfcrDirTrstRevAndExpnssAmt
Other Prof Fees Rev And Expnss$212OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$212OtherProfFeesNetInvstIncmAmt
Taxes Rev And Expnss$12TaxesRevAndExpnssAmt
Other Expenses Rev And Expnss$4,111OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$11OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl$4,100OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$4,335TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$223TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$4,100TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$113,500ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$113,500ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$117,835TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$223TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$117,600TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$40,553ExcessRevenueOverExpensesAmt
Net Investment Income$8,165NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$285,030SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$92,737SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$92,737SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$49,983CorporateStockBOYAmt
Corporate Stock EOY$282,829CorporateStockEOYAmt
Corporate Stock EOYFMV$263,130CorporateStockEOYFMVAmt
Total Assets BOY$335,013TotalAssetsBOYAmt
Total Assets EOY$375,566TotalAssetsEOYAmt
Total Assets EOYFMV$355,867TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Retained Earning BOY$335,013RetainedEarningBOYAmt
Retained Earning EOY$375,566RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$335,013TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$375,566TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$335,013TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$375,566TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$335,013TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$40,553ExcessRevenueOverExpensesAmt
Subtotal$375,566SubtotalAmt
Tot Net Ast Or Fund Balances EOY$375,566TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
PropertyPublicly-traded SecuritiesPropertyDesc
Gross Sales Price$75,173GrossSalesPriceAmt
Cost Or Other Basis$73,920CostOrOtherBasisAmt
Gain Or Loss$1,253GainOrLossAmt
Gains Minus Excess Or Losses$1,253GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income$1,253CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$118,100AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$412,556NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.286264DistributionYr1Rt
Adjusted Qlfy Distri Yr2$37,500AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$331,401NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.113156DistributionYr2Rt
Adjusted Qlfy Distri Yr3$45,550AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$117,656NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.387146DistributionYr3Rt
Adjusted Qlfy Distri Yr4$51,167AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$117,886NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.434038DistributionYr4Rt
Adjusted Qlfy Distri Yr5$69,200AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$33,888NetVlNoncharitableAssetsYr5Amt
Distribution Yr52.042021DistributionYr5Rt
Total Distribution3.262625TotalDistributionRt
Average Distribution0.652525AverageDistributionRt
Net Vl Noncharitable Assets$400,881NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$261,585AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$82NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$261,667AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$117,600QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$163InvestmentIncomeExciseTaxAmt
Subtotal$163SubtotalAmt
Tax Based On Investment Income$163TaxBasedOnInvestmentIncomeAmt
Total Payments And Credits$0TotalPaymentsAndCreditsAmt
Tax Due$163TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcYes (true)OrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateNYOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1Foundation SourceBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8008391754PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1501 Silverside Road Suite 123AddressLine1Txt
CityWilmingtonCityNm
State AbbreviationDEStateAbbreviationCd
ZIP198091377ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
Adam Colombo
Foundation Source 501 Silverside RdWilmingtonDE198091377Trustee1.0$0$0$0
Amy Colombo
Foundation Source 501 Silverside RdWilmingtonDE198091377Trustee1.0$0$0$0
Francesca Colombo
Foundation Source 501 Silverside RdWilmingtonDE198091377Trustee1.0$0$0$0
Janice Stanton
Foundation Source 501 Silverside RdWilmingtonDE198091377Trustee1.0$0$0$0
FieldValueIRS element (for citing)
Summary Of Direct Chrtbl ActySummaryOfDirectChrtblActyGrp
Sum Of Program Related InvstSumOfProgramRelatedInvstGrp

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$214,099AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$192,887AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$406,986TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$406,986AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$6,105CashDeemedCharitableAmt
Net Vl Noncharitable Assets$400,881NetVlNoncharitableAssetsAmt
Minimum Investment Return$20,044MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$20,044MinimumInvestmentReturnAmt
Tax Based On Investment Income$163TaxBasedOnInvestmentIncomeAmt
Total Tax$163TotalTaxAmt
Distributable Before Adj$19,881DistributableBeforeAdjAmt
Distributable Before Ded$19,881DistributableBeforeDedAmt
Distributable As Adjusted$19,881DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$117,600ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Charitable Assets Acquis Paid$0CharitableAssetsAcquisPaidAmt
Set Aside Suitability Test$0SetAsideSuitabilityTestAmt
Set Aside Cash Distri Test$0SetAsideCashDistriTestAmt
Qualifying Distributions$117,600QualifyingDistributionsAmt
Adjusted Qualifying Distri$117,600AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$19,881DistributableAsAdjustedAmt
Prior Year12013PriorYear1Yr
Prior Year22012PriorYear2Yr
Prior Year32011PriorYear3Yr
Excess Distribution Cyov Yr5$68,597ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$45,281ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$39,672ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$20,936ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$97,484ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$271,970TotalExcessDistributionCyovAmt
Qualifying Distributions$117,600QualifyingDistributionsAmt
Applied To Current Year$19,881AppliedToCurrentYearAmt
Remaining Distri From Corpus$97,719RemainingDistriFromCorpusAmt
Total Corpus$369,689TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$68,597ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$301,092ExcessDistriCyovToNextYrAmt
Excess From Year4$45,281ExcessFromYear4Amt
Excess From Year3$39,672ExcessFromYear3Amt
Excess From Year2$20,936ExcessFromYear2Amt
Excess From Year1$97,484ExcessFromYear1Amt
Excess From Current Year$97,719ExcessFromCurrentYearAmt
FieldValueIRS element (for citing)
Private Operating FoundationsPrivateOperatingFoundationsGrp

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerJanice StantonContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (6 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
CONVENT OF THE SACRED HEART
1177 KING STGREENWICHCT06831N/APCAnnette Saraceni Endowment Fund$500
DAVIDSON COLLEGE
PO BOX 7162DAVIDSONNC28035N/APCSupport for students with learning disabilities Program$50,000
HEARTSONG INC
277 MARTINE AVE STE 230WHITE PLAINSNY10601N/APCGeneral & Unrestricted$500
MY SISTERS PLACE INC
1 WATER STWHITE PLAINSNY10601N/APCGeneral & Unrestricted$2,500
STANFORD UNIVERSITY - FINANCIAL AID OFFICE
326 GALVEZ STSTANFORDCA94305N/APCScholarship Fund$50,000
TEACH FOR AMERICA INC
519 8TH AVE 15TH FLNEW YORKNY10018N/APCSponsor A Teacher Campaign$10,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$113,500TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

FieldValueIRS element (for citing)
Fees Contracts From Govt AgFeesContractsFromGovtAgGrp
Membership Dues And AssmntMembershipDuesAndAssmntGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$198ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$6,937ExclusionAmt
FieldValueIRS element (for citing)
Net Rntl Incm Re Debt Fincd PropNetRntlIncmReDebtFincdPropGrp
Net Rntl Incm Re Not Debt Fincd PropNetRntlIncmReNotDebtFincdProp
Net Rental Income Personal PropNetRentalIncomePersonalPropGrp
Other Investment Incm Part VIIOtherInvestmentIncmPartVIIGrp

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$1,253ExclusionAmt
FieldValueIRS element (for citing)
Net Income Loss From Special EvtNetIncomeLossFromSpecialEvtGrp
Gross Profit Loss Sls Of InvntryGrossProfitLossSlsOfInvntryGrp

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$8,388ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$8,388TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum
Contributor PersonStanton JaniceContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line135 Stratford RoadAddressLine1Txt
CityHarrisonCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10528ZIPCd
FieldValueIRS element (for citing)
Total Contributions$150,000TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

Depreciation Schedule DepreciationSchedule

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (8 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
ISHARES CORE MSCI EMERGING MAR$4,069$3,978
ISHARES IBOXX $ INVESTMENT GRA$28,382$27,020
ISHARES JP MORGAN$19,684$18,512
VANGUARD DIVIDEND APPRECIATION$41,904$40,202
VANGUARD FTSE DEVELOPED MARKET$48,743$44,394
VANGUARD FTSE EMERGING MARKETS$42,864$32,972
VANGUARD SF REIT ETF$40,063$39,626
VANGUARD TOTAL STOCK MARKET ET$57,120$56,426

Liquidation Explanation Stmt LiquidationExplanationStmt

FieldValueIRS element (for citing)
ExplanationThis statement is submitted to report the distribution of certain assets during the above referenced year. The distributions resulted in a substantial contraction of assets. The following information is submitted in accordance with Treasury Regulation Section 1.6043-3(a)(1) and the Form 990-PF instructions: During the taxable year ending December 31, 2015, the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled $113,500. This amount represents over 25% of the Foundation's net assets of $335,837 (as measured by fair market value) at the beginning of the Foundation's taxable year ending December 31, 2015. Although the Foundation technically experienced a substantial contraction, it will continue in existence and has no plans for dissolution. The Foundation made distributions of cash to the grantees listed in the attachment to Part XV, Line 3a; each such grant was made solely for the charitable purpose specified therein.ExplanationTxt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmtNet Investment IncomeNetInvestmentIncomeAmt
Administrative Fees$4,000$4,000
Bank Charges$11$11
State or Local Filing Fees$100$100

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryInvestment Management ServicesCategoryTxt
Amt$212Amt
Net Investment Income$212NetInvestmentIncomeAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
Category990-PF Excise Tax for 2014CategoryTxt
Amt$12Amt