NORMAN & BETTINA ROBERTS FOUNDATION INC: Form 990PF, tax year 2014
View the entire original 990 at ProPublica ↗
- Organization
- NORMAN & BETTINA ROBERTS FOUNDATION INC (EIN 13-3702467)
- Tax period
- 2014-01-01 to 2014-12-31
- Filed
- 2016-05-07
- IRS object ID
- 201641289349100204
- 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
- Contractor Compensation Expln
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2016-05-07T07:30:35-07:00 | ReturnTs |
| Tax Period End | 2014-12-31 | 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 | 2014-01-01 | 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 | DAVID MCINTEE | PersonNm |
| Person Title | Treasurer | PersonTitleTxt |
| Signature | 2016-05-07 | 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 | 2014 | TaxYr |
| Build TS | 2016-08-17 19:52:53Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amended Return | Yes (X) | AmendedReturnInd |
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $30,786,771 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Interest On Sav Rev And Expnss | $390,678 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $390,678 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $390,678 | InterestOnSavingsAdjNetIncmAmt |
| Dividends Rev And Expnss | $509,870 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $509,870 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $509,870 | DividendsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $1,109,799 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $18,780,523 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $1,109,799 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $679,991 | NetSTCapitalGainAdjNetIncmAmt |
| Other Income Rev And Expnss | $894,640 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $894,640 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $894,640 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $2,904,987 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $2,904,987 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $2,475,179 | TotalAdjNetIncmAmt |
| Legal Fees Rev And Expnss | $1,615 | LegalFeesRevAndExpnssAmt |
| Legal Fees Dsbrs Chrtbl | $1,615 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $30,000 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Chrtbl Prps | $30,000 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $160,838 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $160,838 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $160,838 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $26,575 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $1,575 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $26,575 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $3,889 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Dsbrs Chrtbl | $3,889 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $222,917 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $162,413 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $222,917 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,950,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,950,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $2,172,917 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $162,413 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $2,172,917 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $732,070 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $2,742,574 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $2,475,179 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $806,397 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $1,272,659 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $1,272,659 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $12,062,265 | CorporateStockBOYAmt |
| Corporate Stock EOY | $12,294,688 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $11,022,420 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $8,082,705 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $7,877,214 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $8,089,392 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $3,472,674 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $3,472,674 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $10,402,300 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $24,424,041 | TotalAssetsBOYAmt |
| Total Assets EOY | $24,917,235 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $30,786,771 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
| Unrestricted BOY | $24,424,041 | UnrestrictedBOYAmt |
| Unrestricted EOY | $24,917,235 | UnrestrictedEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $24,424,041 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $24,917,235 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $24,424,041 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $24,917,235 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $24,424,041 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $732,070 | ExcessRevenueOverExpensesAmt |
| Subtotal | $25,156,111 | SubtotalAmt |
| Other Decreases | $238,876 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $24,917,235 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (5 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| VARIOUS See attached list - Janney | P | 2010-12-31 | 2014-12-31 | $2,371,806 | $2,005,475 | $366,331 | $366,331 |
| VARIOUS See attached list - Janney | P | 2014-06-30 | 2014-12-31 | $7,861,250 | $8,027,704 | -$166,454 | -$166,454 |
| VARIOUS See attached list - Stifel | P | 2014-06-30 | 2014-12-31 | $6,203,361 | $5,558,687 | $644,674 | $644,674 |
| VARIOUS See attached list - Stifel | P | 2014-06-30 | 2014-12-31 | $1,789,293 | $1,587,522 | $201,771 | $201,771 |
| VARIOUS See attached list - Stifel | P | 2010-12-31 | 2014-12-31 | $554,813 | $491,336 | $63,477 | $63,477 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $1,109,799 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $679,991 | NetShortTermCapitalGainLossAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $2,008,675 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $26,157,748 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.07679 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $1,710,937 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $25,310,111 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.06760 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $1,689,621 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $19,511,720 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.08660 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $1,726,824 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $22,972,197 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.07517 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $1,645,576 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $23,507,074 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.07000 | DistributionYr5Rt |
| Total Distribution | 0.37616 | TotalDistributionRt |
| Average Distribution | 0.07523 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $28,503,624 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $2,144,385 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $27,426 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $2,171,811 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $2,172,917 | 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 | $27,426 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $27,426 | SubtotalAmt |
| Tax Based On Investment Income | $27,426 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $31,617 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $31,617 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $46 | EsPenaltyAmt |
| Overpayment | $4,145 | OverpaymentAmt |
| Applied To ES Tax | $4,145 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | false | 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 | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | 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 | false | 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 | Secretary | 5.00 | $0 |
| DAVID MCINTEE | ||||||
| 277 FAIRFIELD RD - SUITE 300 | FAIRFIELD | NJ | 07004 | President | 5.00 | $0 |
| LAWRENCE MAGID | ||||||
| 141 CRESCENT DRIVE | SEARINGTOWN | NY | 11507 | Vice 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 |
|---|---|---|---|---|---|
| STIFEL NICHOLAS | |||||
| 501 NORTH BROADWAY | ST LOUIS | MO | 63102 | INVESTMENT MANAGEMEN | $73,360 |
| JANNEY MONTGOMMERY SCOTT | |||||
| 1717 ARCH STREET | PHILADELPHIA | PA | 191031675 | INVESTMENT MANAGEMEN | $87,478 |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | All contributions from the foundation were made directly to other 501 (c)(3) organizations. This foundation did not conduct any activities. See Part XV for details. | Description1Txt |
| Expenses1 | $0 | Expenses1Amt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $19,852,585 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,064,404 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $8,020,700 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $28,937,689 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $28,937,689 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $434,065 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $28,503,624 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,425,181 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,425,181 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $27,426 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $27,426 | TotalTaxAmt |
| Distributable Before Adj | $1,397,755 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $1,397,755 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $1,397,755 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $2,172,917 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $2,172,917 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $27,426 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $2,145,491 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,397,755 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr5 | $497,188 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $610,080 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $769,033 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $479,311 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $762,246 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $3,117,858 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $2,172,917 | QualifyingDistributionsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $1,397,755 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $775,162 | RemainingDistriFromCorpusAmt |
| Total Corpus | $3,893,020 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $497,188 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $3,395,832 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $610,080 | ExcessFromYear4Amt |
| Excess From Year3 | $769,033 | ExcessFromYear3Amt |
| Excess From Year2 | $479,311 | ExcessFromYear2Amt |
| Excess From Year1 | $762,246 | ExcessFromYear1Amt |
| Excess From Current Year | $775,162 | 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 | n/a | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | Various - see attached | GrantOrContributionPurposeTxt |
| Amt | $1,950,000 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,950,000 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $390,678 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 1 | ExclusionCd |
| Exclusion | $509,870 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $894,640 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $1,109,799 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $1,795,188 | ExclusionAmt |
| Related Or Exempt Function Incm | $1,109,799 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $2,904,987 | 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 |
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 Person | various - SEE ATTACHMENT | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | various | AddressLine1Txt |
| City | various | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07004 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $1,950,000 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | MCINTEE FUSARO DEL CORRAL, PLLC | CategoryTxt |
| Amt | $30,000 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $30,000 | DisbursementsCharitablePrpsAmt |
Contractor Compensation Expln ContractorCompensationExpln
Contractor Comp Expln ContractorCompExplnGrp (2 entries)
| ExplanationExplanationTxt |
|---|
| JANNEY MONTGOMMERY SCOTT |
| THE FOUNDATION HAS CONTRCATED WITH THIS FIRM TO MANAGE ITS INVESTMENT PORTFOLIO |
| STIFEL NICHOLAS |
| THE FOUNDATION HAS CONTRCATED WITH THIS FIRM TO MANAGE ITS INVESTMENT PORTFOLIO |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | CORPORATE BONDS - SEE ATTACHED | BondNm |
| EOY Book Value | $7,877,214 | EOYBookValueAmt |
| EOYFMV | $8,089,392 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (4 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| CORPORATE STOCK - SEE ATTACHED | $9,425,175 | $8,031,060 |
| MUTUAL FUNDS - SEE ATTCHED | $1,227,803 | $1,429,200 |
| PUBLICLY TRADED LP'S | $1,641,710 | $1,562,160 |
| UNIT INVESTMENT TRUSTS |
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 | $10,402,300 | EOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legal Fees | $1,615 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $1,615 | DisbursementsCharitablePrpsAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | NET DECREASE IN FMV OF ASSETS | Desc |
| Amt | $238,876 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| BANK CHARGES | $146 | $146 |
| INSURANCE | $2,364 | $2,364 |
| NYS FILING FEE | $750 | $750 |
| POSTAGE | $196 | $196 |
| SUBSCRIPTIONS | $433 | $433 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Other Investment Income | Desc |
| Revenue And Expenses Per Books | $894,640 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $894,640 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $894,640 | AdjustedNetIncomeAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | STIFEL NICHOLAS INVESTMENT MGT | CategoryTxt |
| Amt | $160,838 | Amt |
| Net Investment Income | $160,838 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $160,838 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| FEDERAL EXCISE TAX | $25,000 | $25,000 | |
| FOREIGN TAXES | $1,575 | $1,575 | $1,575 |