JOSEPH AND ROBERT CORNELL MEMORIAL FOUNDATION: Form 990PF, tax year 2014
View the entire original 990 at ProPublica ↗
- Organization
- JOSEPH AND ROBERT CORNELL MEMORIAL FOUNDATION (EIN 13-3097502)
- Tax period
- 2014-01-01 to 2014-12-31
- Filed
- 2015-06-12
- IRS object ID
- 201501639349100010
- Schema version
- 2014v5.0
- 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
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2015-06-12T12:32:57-05:00 | ReturnTs |
| Tax Period End | 2014-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 420714325 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MCGLADREY LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1185 AVENUE OF THE AMERICAS | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 100362602 | 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 | 133097502 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE JOSEPH AND ROBERT CORNELL MEMORIAL FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | JOSE | BusinessNameControlTxt |
| Phone | 2123721000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 550 SE MIZNER BLVD | AddressLine1Txt |
| City | BOCA RATON | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33432 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JOSEPH ERDMAN | PersonNm |
| Person Title | TRUSTEE | PersonTitleTxt |
| Phone | 2123721000 | PhoneNum |
| Signature | 2015-06-02 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MARTIN GREIF | PreparerPersonNm |
| PTIN | P00029738 | PTIN |
| Phone | 2123721000 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2014 | TaxYr |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $85,368,836 | 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 |
| Interest On Sav Rev And Expnss | $644 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $644 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $2,602,217 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $2,602,217 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $3,534,728 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $10,906,951 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $3,534,728 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $43,137 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $43,137 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $6,180,726 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $6,180,726 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $161,904 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $16,190 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $145,714 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $900 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $0 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $900 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $1,071 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $1,071 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $5,100 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $2,550 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $2,550 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $165,924 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $132,739 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $33,185 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $116,829 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $1,829 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Occupancy Rev And Expnss | $11,347 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $5,673 | OccupancyNetInvstIncmAmt |
| Occupancy Dsbrs Chrtbl | $5,674 | OccupancyDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $3,079 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $490 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $2,589 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $466,154 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $159,471 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $191,683 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $3,535,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $3,535,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $4,001,154 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $159,471 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $3,726,683 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $2,179,572 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $6,021,255 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $846,380 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $309,709 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $309,709 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $39,908,789 | CorporateStockBOYAmt |
| Corporate Stock EOY | $44,010,742 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $75,656,030 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $1,504,625 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $1,504,625 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $1,678,990 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $7,543,993 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $6,144,794 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $6,644,295 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $574,963 | OtherAssetsBOYAmt |
| Other Assets EOY | $588,452 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $1,079,812 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $50,378,750 | TotalAssetsBOYAmt |
| Total Assets EOY | $52,558,322 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $85,368,836 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | $50,378,750 | CapitalStockBOYAmt |
| Capital Stock EOY | $52,558,322 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $0 | RetainedEarningBOYAmt |
| Retained Earning EOY | $0 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $50,378,750 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $52,558,322 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $50,378,750 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $52,558,322 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $50,378,750 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $2,179,572 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $52,558,322 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $52,558,322 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|---|---|
| FIDUCIARY TRUST - PUBLICLY TRADED SECURITIES | 2012-12-31 | 2014-12-31 | $389,405 | $395,311 | -$5,906 | -$5,906 | |
| FIDUCIARY TRUST - PUBLICLY TRADED SECURITIES | 2014-12-31 | 2014-12-31 | $10,382,709 | $6,976,912 | $3,405,797 | $3,405,797 | |
| CAPITAL GAINS DIVIDENDS | $134,837 | $134,837 | $134,837 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $3,534,728 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $2,181,940 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $76,286,306 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.028602 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $2,242,540 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $68,992,768 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.032504 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $1,959,141 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $65,393,427 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.029959 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $5,084,872 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $60,841,983 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.083575 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $3,916,790 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $55,277,643 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.070857 | DistributionYr5Rt |
| Total Distribution | 0.245497 | TotalDistributionRt |
| Average Distribution | 0.049099 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $83,760,218 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $4,112,543 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $60,213 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $4,172,756 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $3,726,683 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $120,425 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $120,425 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $120,425 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $136,662 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $136,662 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Overpayment | $16,237 | OverpaymentAmt |
| Applied To ES Tax | $16,237 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | NY | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | MCGLADREY LLP | IndividualWithBooksNm |
| Phone | 2123721000 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1185 AVENUE OF AMERICAS | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 100362602 | 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 | Yes (1) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| 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 (2 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 |
|---|---|---|---|---|---|---|---|---|
| RICHARD M ADER | ||||||||
| 7 AVENUE DE LA MER 606 | PALM COAST | FL | 32137 | TRUSTEE | 20.00 | $0 | $0 | $0 |
| JOSEPH ERDMAN | ||||||||
| 550 SE MIZNER BLVD | BOCA RATON | FL | 33432 | TRUSTEE | 20.00 | $161,904 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FIDUCIARY TRUST COMPANY | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 175 FEDERAL STREET | AddressLine1Txt |
| City | BOSTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02110 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | CUSTODY FEES | ServiceTypeTxt |
| Compensation | $165,924 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
| Expenses1 | $0 | Expenses1Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | NOT APPLICABLE | Description1Txt |
| Expenses1 | $0 | Expenses1Amt |
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $82,893,779 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,068,907 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $1,073,068 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $85,035,754 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $85,035,754 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $1,275,536 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $83,760,218 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $4,188,011 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $4,188,011 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $120,425 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $120,425 | TotalTaxAmt |
| Distributable Before Adj | $4,067,586 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $4,067,586 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $4,067,586 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $3,726,683 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $3,726,683 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $3,726,683 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $4,067,586 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $3,723,352 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $3,726,683 | QualifyingDistributionsAmt |
| Applied To Year1 | $3,723,352 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $3,331 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $4,064,255 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (16 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| FOCUSED ULTRASOUND SURGERY FOUNDATION | |||||||
| 1230 CEDARS COURT SUITE F | CHARLOTTESVILLE | VA | 22903 | NONE | PC | GRANT IS FOR DONEE'S EXEMPT PURPOSE | $75,000 |
| HOSPICE OF THE PIEDMONT | |||||||
| 675 PETER JEFFERSON PARKWAY | CHARLOTTESVILLE | VA | 22911 | NONE | PC | GRANT IS FOR DONEE'S EXEMPT PURPOSE | $50,000 |
| MARTHA JEFFERSON HOSPITAL | |||||||
| 500 MARTHA JEFFERSON DRIVE | CHARLOTTESVILLE | VA | 22911 | NONE | PC | GRANT IS FOR DONEE'S EXEMPT PURPOSE | $500,000 |
| MILLER CENTER FOUNDATION | |||||||
| 2333 OLD IVY ROAD | CHARLOTTESVILLE | VA | 22903 | NONE | PC | GRANT IS FOR DONEE'S EXEMPT PURPOSE | $125,000 |
| MONTPELIER FOUNDATION | |||||||
| 11407 CONSTITUTION HWY | MONTPELIER STATION | VA | 22957 | NONE | PC | GRANT IS FOR DONEE'S EXEMPT PURPOSE | $500,000 |
| PRESERVATION VIRGINIA | |||||||
| 204 WEST FRANKLIN STREET | RICHMOND | VA | 232205012 | NONE | PC | GRANT IS FOR DONEE'S EXEMPT PURPOSE | $10,000 |
| ST BARTHOLOMEWS CONSERVANCY INC | |||||||
| 325 PARK AVENUE | NEW YORK | NY | 10022 | NONE | PC | GRANT IS FOR DONEE'S EXEMPT PURPOSE | $50,000 |
| THOMAS JEFFERSON FOUNDATION INC | |||||||
| PO BOX 217 | CHARLOTTESVILLE | VA | 22902 | NONE | PC | GRANT IS FOR DONEE'S EXEMPT PURPOSE | $500,000 |
| UNIVERSITY OF VIRGINIA | |||||||
| 155 RUGBY ROAD | CHARLOTTESVILLE | VA | 22904 | NONE | PC | GRANT IS FOR DONEE'S EXEMPT PURPOSE | $100,000 |
| UNIVERSITY OF VIRGINIA - COLLEGE FOUNDATION | |||||||
| 155 RUGBY ROAD | CHARLOTTESVILLE | VA | 22904 | NONE | PC | GRANT IS FOR DONEE'S EXEMPT PURPOSE | $50,000 |
| UNIVERSITY OF VIRGINIA - VIRGINIA FILM FESTIVAL | |||||||
| 155 RUGBY ROAD | CHARLOTTESVILLE | VA | 22904 | NONE | PC | GRANT IS FOR DONEE'S EXEMPT PURPOSE | $75,000 |
| UNIVERSITY OF VIRGINIA PRESIDENT'S SPEAKER SERIES FOR THE ARTS | |||||||
| 155 RUGBY ROAD | CHARLOTTESVILLE | VA | 22904 | NONE | PC | GRANT IS FOR DONEE'S EXEMPT PURPOSE | $50,000 |
| UVA ART MUSEUM | |||||||
| 155 RUGBY ROAD | CHARLOTTESVILLE | VA | 22904 | NONE | PC | GRANT IS FOR DONEE'S EXEMPT PURPOSE | $1,050,000 |
| UVA HERITAGE THEATRE | |||||||
| 155 RUGBY ROAD | CHARLOTTESVILLE | VA | 22904 | NONE | PC | GRANT IS FOR DONEE'S EXEMPT PURPOSE | $25,000 |
| VIRGINIA FOUNDATION FOR THE HUMANITIES & PUBLIC POLICY | |||||||
| 145 EDNAM PLACE | CHARLOTTESVILLE | VA | 22903 | NONE | PC | GRANT IS FOR DONEE'S EXEMPT PURPOSE | $125,000 |
| WNET | |||||||
| 825 EIGHTH AVENUE | NEW YORK | NY | 10019 | NONE | PC | GRANT IS FOR DONEE'S EXEMPT PURPOSE | $250,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $3,535,000 | 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 | $644 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $2,602,217 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $3,534,728 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PERMISSIONS AND LICENSES | Desc |
| Exclusion | 01 | ExclusionCd |
| Exclusion | $43,137 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $6,180,726 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $6,180,726 | 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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | MCGLADREY LLP | CategoryTxt |
| Amt | $5,100 | Amt |
| Net Investment Income | $2,550 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $2,550 | DisbursementsCharitablePrpsAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (5 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 400,000 AT&T INC | $395,296 | $441,556 |
| 250,000 BANK OF AMERICA CORP | $249,974 | $275,663 |
| 100,000 BARCLAYS BANK PLC | $99,748 | $112,123 |
| 400,000 JP MORGAN CHASE & CO | $369,145 | $405,704 |
| 400,000 VERIZON COMMUNICATIONS | $390,462 | $443,944 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (63 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 20,000 ABBOTT LABORATORIES | $588,809 | $900,400 |
| 20,000 ABBVIE INC | $710,063 | $1,308,800 |
| 25,000 ALLIANT ENERGY GROUP | $591,203 | $1,660,500 |
| 15,000 AMERICAN ELECTRIC POWER CO | $447,273 | $910,800 |
| 10,000 APPLE INC | $752,690 | $1,103,800 |
| 20,000 AT&T INC | $494,624 | $671,800 |
| 13,000 ATMOS ENERGY CORP | $331,155 | $724,620 |
| 20,000 BHP BILLITON LTD | $878,111 | $946,400 |
| 20,000 BRISTOL-MYERS SQUIBB CO | $272,774 | $1,180,600 |
| 25,000 CHEVRON CORP | $1,143,845 | $2,804,500 |
| 50,000 CISCO SYSTEMS INC | $894,772 | $1,390,750 |
| 20,000 COCA-COLA CO COM | $706,056 | $844,400 |
| 10,000 COLGATE PALMOLIVE | $358,902 | $691,900 |
| 20,000 CONOCOPHILLIPS COM | $1,240,805 | $1,381,200 |
| 15,000 EQT CORP | $331,361 | $1,135,500 |
| 13,000 EQUITY RESIDENTIAL SH BEN INT | $865,521 | $933,920 |
| 30,000 EXXON MOBIL CORP | $2,410,311 | $2,773,500 |
| 45,000 GENERAL ELECTRIC CO | $1,042,071 | $1,137,150 |
| 18,000 GENERAL MILLS | $583,130 | $959,940 |
| 5,000 GILEAD SCIENCES INC | $413,200 | $471,300 |
| 1,000 GOOGLE INC CLASS A | $330,892 | $530,660 |
| 1,000 GOOGLE INC CLASS C | $331,758 | $526,400 |
| 5,000 GRAINGER (W.W.) INC | $1,196,501 | $1,274,450 |
| 15,000 HONEYWELL INTL INC | $547,273 | $1,498,800 |
| 20,000 HORMEL FOODS CORP | $129,132 | $1,042,000 |
| 20,000 JOHNSON AND JOHNSON COM | $1,099,841 | $2,091,400 |
| 9,000 KELLOGG CO | $484,826 | $588,960 |
| 10,000 KIMBERLY CLARK | $613,913 | $1,155,400 |
| 20,000 MARATHON OIL CORP | $123,129 | $565,800 |
| 10,000 MARATHON PETROLEUM CORP | $83,290 | $902,600 |
| 10,000 MCDONALDS CORP | $581,345 | $937,000 |
| 25,000 MDU RESOURCES GRP INC | $113,066 | $587,500 |
| 35,000 MERCK & CO INC | $1,317,160 | $1,987,650 |
| 50,000 MICROSOFT CORP | $1,288,252 | $2,322,500 |
| 20,000 NEW JERSEY RESOURCE CORP | $162,069 | $1,224,000 |
| 13,000 NEXTERA ENERGY INC | $183,856 | $1,381,770 |
| 10,000 NOVARTIS AG SPONSORED | $942,271 | $926,600 |
| 15,000 PEPSICO INC | $811,735 | $1,418,400 |
| 45,000 PFIZER INC | $983,106 | $1,401,750 |
| 4,000 PHILLIPS 66 | $133,436 | $286,800 |
| 40,000 PLUM CREEK TIMBER CO INC | $1,442,443 | $1,711,600 |
| 10,000 PPG INDUSTRIES INC SHS | $444,507 | $2,311,500 |
| 16,000 PUBLIC STORAGE | $2,603,969 | $2,957,600 |
| 18,000 PROCTER & GAMBLE CO | $970,994 | $1,639,620 |
| 50,000 QEP RESOURCES INC | $207,161 | $1,011,000 |
| 50,000 QUESTAR CORP | $106,244 | $1,264,000 |
| 15,000 SCANA CORP NEW | $279,600 | $906,000 |
| 10,000 SEMPRA ENERGY | $194,025 | $1,113,600 |
| 16,000 SIMON PROPERTY GROUP INC | $2,518,355 | $2,913,760 |
| 5,000 SOUTH JERSEY INDUSTRIES | $47,707 | $294,650 |
| 20,000 SOUTHERN COMPANY | $545,741 | $982,200 |
| 20,000 SOUTHWEST GAS CORP | $273,980 | $1,236,200 |
| 25,000 SPECTRA ENERGY CORP | $285,773 | $907,500 |
| 20,000 TECO ENERGY INC | $379,050 | $409,800 |
| 65,000 TORTOISE MLP FUND | $1,587,569 | $1,815,450 |
| 50,000 TORTOISE ENERGY INTRASTRUCTURE | $2,334,856 | $2,188,500 |
| 4,000 VANGUARD TELECOM SERVICE | $250,948 | $338,880 |
| 40,000 VERIZON COMMUNICATIONS | $1,495,982 | $1,871,200 |
| 5,000 WALT DISNEY HOLDING CO | $252,966 | $470,950 |
| 10,000 WESTAR ENERGY INC | $180,411 | $412,400 |
| 10,000 WGL HOLDINGS INC | $115,626 | $546,200 |
| 15,000 XCEL ENERGY INC | $269,192 | $538,800 |
| 7,500 3M COMPANY | $710,116 | $1,232,400 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (8 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| 21,361 ALLIANZGI CONVERTIBLE & INCOME FUND | FMV | $204,796 | $201,221 |
| 30,000 ALLIANCEBERNSTEIN GLOBAL | FMV | $407,993 | $372,900 |
| 260,761 DNP SELECT INCOME FD INC | FMV | $2,370,903 | $2,753,636 |
| 44,304 J HANCOCK JOHN PREMIUM DIV FUND | FMV | $493,661 | $609,180 |
| 10,000 INVESCO VAN KAMPEN BOND FUND | FMV | $169,724 | $184,000 |
| 63,616 MORGAN STANLEY INCOME SEC | FMV | $1,039,138 | $1,140,635 |
| 72,502 PUTNAM HIGH INCOME SECS | FMV | $536,153 | $587,991 |
| 110,533 TEMPLETON GLOBAL INCOME | FMV | $922,426 | $794,732 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | PROSKAUER ROSE LLP | CategoryTxt |
| Legal Fees | $1,071 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $1,071 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| PROGRAM RELATED ASSETS | $541,440 | $541,440 | $1,032,800 |
| DUE FROM BROKER | $33,523 | $47,012 | $47,012 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| ANNUAL FILING FEE | $1,500 | $0 | $1,500 |
| BANK FEE | $490 | $490 | $0 |
| OFFICE SUPPLIES | $1,089 | $0 | $1,089 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PERMISSIONS AND LICENSES | Desc |
| Revenue And Expenses Per Books | $43,137 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $43,137 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $43,137 | AdjustedNetIncomeAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FIDUCIARY TRUST CUSTODY FEE | CategoryTxt |
| Amt | $165,924 | Amt |
| Net Investment Income | $132,739 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $33,185 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FEDERAL EXCISE TAX | $115,000 | $0 | $0 |
| FOREIGN TAX PAID | $1,829 | $1,829 | $0 |