FLIP WILSON SCHOLARSHIP FUND TRUST: Form 990PF, tax year 2014
View the entire original 990 at ProPublica ↗
- Organization
- FLIP WILSON SCHOLARSHIP FUND TRUST (EIN 52-2299403)
- Tax period
- 2014-01-01 to 2014-12-31
- Filed
- 2015-04-09
- IRS object ID
- 201520999349100307
- 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
- Gain Loss Sale Other Assets Sch
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2015-04-09T11:46:10-05:00 | ReturnTs |
| Tax Period End | 2014-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 201287984 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE WALTER B MANDELL GROUP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 25176 | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90025 | 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 | 522299403 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE FLIP WILSON SCHOLARSHIP FUND TRUST | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | FLIP | BusinessNameControlTxt |
| Phone | 3236513000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8447 WILSHIRE BLVD NO 204 | AddressLine1Txt |
| City | BEVERLY HILLS | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 902113207 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | WALTER B MANDELL | PersonNm |
| Person Title | TRUSTEE | PersonTitleTxt |
| Phone | 3104819999 | PhoneNum |
| Signature | 2015-04-09 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | WALTER B MANDELL | PreparerPersonNm |
| PTIN | P00542759 | PTIN |
| Phone | 3236513000 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2014 | TaxYr |
| Build TS | 2016-03-07 17:11:31Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Change | Yes (X) | AddressChangeInd |
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $1,509,793 | 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 | $29 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $29 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $53,800 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $53,800 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $40,469 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $269,384 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $40,735 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $3,553 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $3,553 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $97,851 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $98,117 | 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 |
| Legal Fees Rev And Expnss | $7,780 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $7,780 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $0 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $4,245 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $4,245 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $114 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $114 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $16,449 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $16,449 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $28,588 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $28,588 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $100,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $100,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $128,588 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $28,588 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $100,000 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$30,737 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $69,529 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Corporate Stock BOY | $419,055 | CorporateStockBOYAmt |
| Corporate Stock EOY | $265,660 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $461,225 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $444,567 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $439,332 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $463,674 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $470,435 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $595,967 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $584,894 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $1,334,057 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,300,959 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $1,509,793 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $8,134 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $9,202 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $8,134 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $9,202 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | $1,325,923 | CapitalStockBOYAmt |
| Capital Stock EOY | $1,291,757 | 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 | $1,325,923 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $1,291,757 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $1,334,057 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $1,300,959 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $1,325,923 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$30,737 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $1,295,186 | SubtotalAmt |
| Other Decreases | $3,429 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $1,291,757 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (22 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| 258 AT&T | P | 2007-07-26 | 2014-04-02 | $9,108 | $10,294 | -$1,186 | -$1,186 |
| 150 ADOBE SYSTEMS INC | P | 2008-08-01 | 2014-04-02 | $9,824 | $6,091 | $3,733 | $3,733 |
| 332 AMERICA MOVIL S.A.B. | P | 2008-06-11 | 2014-04-02 | $6,769 | $9,284 | -$2,515 | -$2,515 |
| 185 AMERICAN TOWER CORP | P | 2005-12-01 | 2014-04-02 | $15,039 | $5,119 | $9,920 | $9,920 |
| 85 BECTON DICKINSON & CO | P | 2007-09-21 | 2014-04-02 | $9,939 | $7,003 | $2,936 | $2,936 |
| 436 CISCO SYS INC | P | 2005-12-01 | 2014-04-02 | $9,993 | $7,726 | $2,267 | $2,267 |
| 71 CONOCOPHILLIPS | P | 2005-12-01 | 2014-04-02 | $5,026 | $3,394 | $1,632 | $1,632 |
| 190 DENTSPLY INTL INC | P | 2007-12-13 | 2014-04-02 | $9,037 | $8,833 | $204 | $204 |
| 352 EXXON MOBILE CORP | P | 2005-12-01 | 2014-04-02 | $5,083 | $3,079 | $2,004 | $2,004 |
| 279 GENERAL ELECTRIC CO | P | 2005-12-01 | 2014-04-02 | $7,258 | $9,977 | -$2,719 | -$2,719 |
| 392 GILEAD SCIENCES INC | P | 2006-04-12 | 2014-04-02 | $28,913 | $5,997 | $22,916 | $22,916 |
| 112 HARTFORD FINCL SERVICES GRP | P | 2005-12-01 | 2014-04-02 | $4,005 | $9,985 | -$5,980 | -$5,980 |
| 290 HEWLETT PACKARD CO | P | 2007-09-14 | 2014-04-02 | $9,700 | $14,019 | -$4,319 | -$4,319 |
| 100 LOWES COMPANIES | P | 2008-08-18 | 2014-04-02 | $4,955 | $2,451 | $2,504 | $2,504 |
| 112 PENNEY JC CO INC | P | 2007-02-23 | 2014-04-02 | $1,004 | $9,362 | -$8,358 | -$8,358 |
| 123 PHILIP MORRIS INTL INC | P | 2005-12-01 | 2014-04-02 | $10,126 | $4,775 | $5,351 | $5,351 |
| 117 PRUDENTIAL FIANCIAL INC | P | 2006-02-24 | 2014-04-02 | $10,077 | $9,021 | $1,056 | $1,056 |
| 240 PUBLIC SERVICE ENTERPRISES GRP | P | 2007-08-02 | 2014-04-02 | $9,003 | $10,488 | -$1,485 | -$1,485 |
| 344 SUNCOR ENERGY INC | P | 2005-12-01 | 2014-04-02 | $12,226 | $10,010 | $2,216 | $2,216 |
| 130 WAL MART STORES INC | P | 2008-03-11 | 2014-04-02 | $10,019 | $6,486 | $3,533 | $3,533 |
| 4418.985 MAINSTAY MARKETFIELD FUND | P | 2013-06-28 | 2014-04-02 | $81,000 | $75,255 | $5,745 | $5,745 |
| CAPITAL GAINS DIVIDENDS | P | $1,280 | $1,280 | $1,280 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $40,735 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $164,291 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $1,571,863 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.104520 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $157,914 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $1,632,374 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.096739 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $150,322 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $1,675,239 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.089732 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $139,434 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $1,731,777 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.080515 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $126,534 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $1,749,883 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.072310 | DistributionYr5Rt |
| Total Distribution | 0.443816 | TotalDistributionRt |
| Average Distribution | 0.088763 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $1,545,798 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $137,210 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $695 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $137,905 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $100,000 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $1,391 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $1,391 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $1,391 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $280 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $280 | TotalPaymentsAndCreditsAmt |
| Tax Due | $1,111 | 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 |
| Org Report Or Register State | CA | 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 |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE WALTER B MANDELL GROUP | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3236513000 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8447 WILSHIRE BLVD 204 | AddressLine1Txt |
| City | BEVERLY HILLS | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90211 | 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 (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 |
|---|---|---|---|---|---|---|---|---|
| WALTER MANDELL | ||||||||
| 8447 WILSHIRE BLVD 204 | BEVERLY HILLS | CA | 90211 | TRUSTEE | 1.00 | $0 | $0 | $0 |
| ALAN REBACK | ||||||||
| 12400 WILSHIRE BLVD 1275 | LOS ANGELES | CA | 90025 | TRUSTEE | 1.00 | $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 | $1,420,279 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $149,059 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $1,569,338 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $1,569,338 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $23,540 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $1,545,798 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $77,290 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $77,290 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $1,391 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $1,391 | TotalTaxAmt |
| Distributable Before Adj | $75,899 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $75,899 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $75,899 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $100,000 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $100,000 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $100,000 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $75,899 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $39,422 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $54,145 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $67,766 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $77,145 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $86,192 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $324,670 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $100,000 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $75,899 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $24,101 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $348,771 | 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 | $39,422 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $309,349 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $54,145 | ExcessFromYear4Amt |
| Excess From Year3 | $67,766 | ExcessFromYear3Amt |
| Excess From Year2 | $77,145 | ExcessFromYear2Amt |
| Excess From Year1 | $86,192 | ExcessFromYear1Amt |
| Excess From Current Year | $24,101 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (5 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| CALIFORNIA STATE UNIVERSITY NORTHRIDGE | |||||||
| 18111 NORDHOFF STREET | NORTHRIDGE | CA | 91330 | NONE | PUBLIC | CHARITABLE CONTRIBUTION | $20,000 |
| HOWARD UNIVERSITY | |||||||
| 2400 6TH STREET NW 402 | WASHINGTON | DC | 20059 | NONE | PUBLIC | CHARITABLE CONTRIBUTION | $20,000 |
| RUTGERS UNIVERSITY | |||||||
| 7 COLLEGE AVENUE | NEW BRUNSWICK | NJ | 08901 | NONE | PUBLIC | CHARITABLE CONTRIBUTION | $20,000 |
| UNIVERSITY OF WASHINGTON | |||||||
| BOX 359505 | SEATTLE | WA | 98195 | NONE | PUBLIC | CHARITABLE CONTRIBUTION | $20,000 |
| WAYNE STATE UNIVERSITY | |||||||
| 4200 FACULTY/ADMINISTRATION | DETROIT | MI | 48202 | NONE | PUBLIC | CHARITABLE CONTRIBUTION | $20,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $100,000 | 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 | $29 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $53,800 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $3,553 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $40,469 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $97,851 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $97,851 | 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 | THE WALTER B. MANDELL GROUP | CategoryTxt |
| Amt | $4,245 | Amt |
| Net Investment Income | $4,245 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Asset | GRAND CENTRAL ASSOCIATES | AssetDesc |
| How Acquired | PURCHASED | HowAcquiredTxt |
| Basis | $266 | BasisAmt |
| Sales Expense | $0 | SalesExpenseAmt |
| Total Net | -$266 | TotalNetAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | CORPORATE BONDS | BondNm |
| EOY Book Value | $439,332 | EOYBookValueAmt |
| EOYFMV | $463,674 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | CORPORATE STOCKS | StockNm |
| EOY Book Value | $265,660 | EOYBookValueAmt |
| EOYFMV | $461,225 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (4 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| MONEY MARKET FUNDS | AT COST | $28,511 | $28,511 |
| PREFERRED SECURITIES | AT COST | $24,520 | $25,363 |
| MUTUAL FUNDS | AT COST | $513,189 | $501,273 |
| S CORP - WILFLIP, INC | AT COST | $29,747 | $29,747 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | COX, CASTLE & NICHOLSON, LLP | CategoryTxt |
| Legal Fees | $7,780 | LegalFeesAmt |
| Net Investment Income | $7,780 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| FEDERAL INCOME TAXES | $87 |
| PRIOR YEAR BOND AMORTIZATION | $3,342 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| SEC 754 DEPRECIATION | $774 | $774 | $0 |
| INVESTMENT ACCOUNT FEES | $15,650 | $15,650 | $0 |
| FILING FEES | $25 | $25 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| S CORP - WILFLIP, INC. | $3,577 | $3,577 | $3,577 |
| PARTNERSHIP - GRAND CENTRAL ASSOC | -$24 | -$24 | -$24 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PARTNERSHIP - GRAND CENTRAL ASSOC | Desc |
| BOY Book Value | $8,134 | BOYBookValueAmt |
| EOY Book Value | $9,202 | EOYBookValueAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| STATE TAX | $6 | $6 | $0 |
| FOREIGN TAX | $98 | $98 | $0 |
| FRANCHISE TAX | $10 | $10 | $0 |