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RSC FOUNDATION INC: Form 990PF, tax year 2012

View the entire original 990 at ProPublica ↗

Organization
RSC FOUNDATION INC (EIN 20-8106954)
Tax period
2012-07-01 to 2013-06-30
Filed
2014-01-17
IRS object ID
201400179349100200
Schema version
2012v2.3
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)
Timestamp2014-01-17T09:40:09-06:00Timestamp
Tax Period End Date2013-06-30TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1BDO USA LLPBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line1TWO INTERNATIONAL PLACEAddressLine1
CityBOSTONCity
StateMAState
ZIP Code02110ZIPCode
FieldValueIRS element (for citing)
Return Type990PFReturnType
Tax Period Begin Date2012-07-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN208106954EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1RSC Foundation IncBusinessNameLine1
FieldValueIRS element (for citing)
In Care Of Name% RISK STATEGIES COMPANYInCareOfName
Name ControlRSCFNameControl
Phone6173305724Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line1160 Federal StreetAddressLine1
Address Line2SuiteAddressLine2
CityBostonCity
StateMAState
ZIP Code02110ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameJOHN VAGLICAName
TitleCFOTitle
Phone6173305724Phone
Date Signed2013-11-19DateSigned
Authorize Third PartytrueAuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameMathew DeMongName
Phone6174220700Phone
FieldValueIRS element (for citing)
Tax Year2012TaxYear
Build TS2015-12-30 17:16:21ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Exempt PFXExemptPF
FMV Assets EOY27230FMVAssetsEOY
Method Of Accounting CashXMethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Received Rev And Expnss28745ContriReceivedRevAndExpnss
Interest On Savings Rev And Expnss33InterestOnSavingsRevAndExpnss
Interest On Savings Net Invst Incm33InterestOnSavingsNetInvstIncm
Total Revenue And Expenses28778TotalRevenueAndExpenses
Total Net Investment Income33TotalNetInvestmentIncome
Accounting Fees Rev And Expnss5125AccountingFeesRevAndExpnss
Accounting Fees Net Invst Incm0AccountingFeesNetInvstIncm
Accounting Fees Adj Net Incm0AccountingFeesAdjNetIncm
Accounting Fees Dsbrs Chrtbl Prps0AccountingFeesDsbrsChrtblPrps
Taxes Rev And Expnss4TaxesRevAndExpnss
Other Expenses Rev And Expnss77OtherExpensesRevAndExpnss
Tot Opr Expenses Rev And Expnss5206TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm0TotOprExpensesNetInvstIncm
Tot Opr Expenses Adj Net Incm0TotOprExpensesAdjNetIncm
Tot Opr Expenses Dsbrs Chrtbl Prps0TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss43733ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps43733ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss48939TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm0TotalExpensesNetInvstIncm
Total Expenses Adj Net Incm0TotalExpensesAdjNetIncm
Total Expenses Dsbrs Chrtbl Prps43733TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses-20161ExcessOfRevenueOverExpenses
Net Investment Income33NetInvestmentIncome

Balance Sheets BalanceSheets

FieldValueIRS element (for citing)
Cash BOY16355CashBOY
Cash EOY6168CashEOY
Cash EOYFMV6168CashEOYFMV
Savings And Temp Cash Invst BOY31036SavingsAndTempCashInvstBOY
Savings And Temp Cash Invst EOY21062SavingsAndTempCashInvstEOY
Savings And Temp Cash Invst EOYFMV21062SavingsAndTempCashInvstEOYFMV
Total Assets BOY47391TotalAssetsBOY
Total Assets EOY27230TotalAssetsEOY
Total Assets EOYFMV27230TotalAssetsEOYFMV
Total Liabilities EOY0TotalLiabilitiesEOY
Org That Do Not Follow SFAS117XOrgThatDoNotFollowSFAS117
Retained Earnings BOY47391RetainedEarningsBOY
Retained Earnings EOY27230RetainedEarningsEOY
Total Net Assets BOY47391TotalNetAssetsBOY
Total Net Assets EOY27230TotalNetAssetsEOY
Total Liabilities Net Assets BOY47391TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY27230TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

FieldValueIRS element (for citing)
Total Net Assets Fund Balances BOY47391TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses-20161ExcessOfRevenueOverExpenses
Subtotal27230Subtotal
Total Net Assets Fund Balances EOY27230TotalNetAssetsFundBalancesEOY
FieldValueIRS element (for citing)
Capital Gains And LossesCapitalGainsAndLosses

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

FieldValueIRS element (for citing)
Liable For4942 TaxfalseLiableFor4942Tax
Qualifying Distributions Year119280QualifyingDistributionsYear1
Noncharitable Assets Year150347NoncharitableAssetsYear1
Distribution Ratio Year10.382942DistributionRatioYear1
Qualifying Distributions Year230140QualifyingDistributionsYear2
Noncharitable Assets Year260429NoncharitableAssetsYear2
Distribution Ratio Year20.498767DistributionRatioYear2
Qualifying Distributions Year322955QualifyingDistributionsYear3
Noncharitable Assets Year369036NoncharitableAssetsYear3
Distribution Ratio Year30.332508DistributionRatioYear3
Qualifying Distributions Year430425QualifyingDistributionsYear4
Noncharitable Assets Year492058NoncharitableAssetsYear4
Distribution Ratio Year40.330498DistributionRatioYear4
Qualifying Distributions Year518933QualifyingDistributionsYear5
Noncharitable Assets Year599191NoncharitableAssetsYear5
Distribution Ratio Year50.190874DistributionRatioYear5
Total Distribution Ratio1.735589TotalDistributionRatio
Average Distribution Ratio0.347118AverageDistributionRatio
Net Noncharitable Assets42046NetNoncharitableAssets
Adjusted Noncharitable Assets14595AdjustedNoncharitableAssets
Adj Nonchrtbl Assets And One14595AdjNonchrtblAssetsAndOnePct
Qualifying Distributions43733QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eXDomesticOrgMeetingSect4940e
Investment Income Excise Tax0InvestmentIncomeExciseTax
Subtotal0Subtotal
Tax Based On Investment Income0TaxBasedOnInvestmentIncome
Total Credits And Payments0TotalCreditsAndPayments
Tax Due0TaxDue

Statements Regarding Activities StatementsRegardingActivities

FieldValueIRS element (for citing)
Legislative Political ActivitiesfalseLegislativePoliticalActivities
More Than100 SpentfalseMoreThan100Spent
Form1120 POL FiledfalseForm1120POLFiled
Activities Not Prev ReportedfalseActivitiesNotPrevReported
Changes To Articles Or BylawsfalseChangesToArticlesOrBylaws
Unrelated Bus Income Over1000falseUnrelatedBusIncomeOver1000
Termination EtcfalseTerminationEtc
Requirements Of Sect508etrueRequirementsOfSect508e
At Least5000 In AssetstrueAtLeast5000InAssets
States Filed WithMAStatesFiledWith
Form990 PF Filed With AGtrueForm990PFFiledWithAG
Private Operating FoundationfalsePrivateOperatingFoundation
New Substantial ContributorsfalseNewSubstantialContributors
Interest In Controlled EntityfalseInterestInControlledEntity
Applicable Insurance ContractfalseApplicableInsuranceContract
Comply With Public Inspection RqrtrueComplyWithPublicInspectionRqr
Website Addressn/aWebsiteAddress

Books In Care Of Business Name BooksInCareOfBusinessName

FieldValueIRS element (for citing)
Business Name Line1RISK STATEGIES COMPANYBusinessNameLine1
FieldValueIRS element (for citing)
Books In Care Of Phone Number6173305724BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

FieldValueIRS element (for citing)
Address Line1160 FEDERAL STREETAddressLine1
CitybostonCity
StateMAState
ZIP Code02110ZIPCode
FieldValueIRS element (for citing)
Foreign BankfalseForeignBank

Statements Regarding Acty4720 StatementsRegardingActy4720

FieldValueIRS element (for citing)
Sale Or Exchange With Dsqfly PersonfalseSaleOrExchangeWithDsqflyPerson
Borrow Or Lend With Dsqfly PersonfalseBorrowOrLendWithDsqflyPerson
Furnished Goods With Dsqfly PersonfalseFurnishedGoodsWithDsqflyPerson
Pay Compensation To Dsqfly PersonfalsePayCompensationToDsqflyPerson
Transfer Assets To Dsqfly PersonfalseTransferAssetsToDsqflyPerson
Payment To Government OfficalfalsePaymentToGovernmentOffical
Uncorrected Prior ActsfalseUncorrectedPriorActs
Undistributed Income Prior YearsfalseUndistributedIncomePriorYears
Undistr Income4942a2 Not AppliedfalseUndistrIncome4942a2NotApplied
Business HoldingsfalseBusinessHoldings
Jeopardy InvestmentsfalseJeopardyInvestments
Uncorrected Jeopardy InvestmentsfalseUncorrectedJeopardyInvestments
Influence LegislationfalseInfluenceLegislation
Influence ElectionfalseInfluenceElection
Grants To IndividualsfalseGrantsToIndividuals
Grants To OrganizationsfalseGrantsToOrganizations
Noncharitable PurposefalseNoncharitablePurpose
Rcv Funds To Pay Prsnl Bnft ContractfalseRcvFundsToPayPrsnlBnftContract
Pay Premiums Prsnl Bnft ContractfalsePayPremiumsPrsnlBnftContract
Prohibited Tax Shelter TransactnfalseProhibitedTaxShelterTransactn
Proceeds Or Net IncomefalseProceedsOrNetIncome

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (3 entries)

Address Line1USAddress/AddressLine1CityUSAddress/CityStateUSAddress/StateZIP CodeUSAddress/ZIPCodeTitleTitleAvg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPositionCompensationCompensation
Mike Christian
160 Federal StreetBostonMA02110President & CEO00
John Vaglica
160 Federal StreetBostonMA02110CFO00
August Gangi
160 Federal StreetBostonMA02110Director00

Summary Of Direct Charitable Acty SummaryOfDirectCharitableActy

FieldValueIRS element (for citing)
Description1N/ADescription1

Sum Of Program Related Investments SumOfProgramRelatedInvestments

FieldValueIRS element (for citing)
Description1N/ADescription1

Minimum Investment Return MinimumInvestmentReturn

FieldValueIRS element (for citing)
Avg Monthly FMV Of Securities0AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances21624AvgMonthlyCashBalances
FMV All Other Noncharitable Assets21062FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets42686TotalFMVOfUnusedAssets
Acquisition Indebtedness0AcquisitionIndebtedness
Adj Total FMV Of Unused Assets42686AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable640CashDeemedCharitable
Net Noncharitable Assets42046NetNoncharitableAssets
Minimum Investment Return2102MinimumInvestmentReturn

Distributable DistributableAmount

FieldValueIRS element (for citing)
Minimum Investment Return2102MinimumInvestmentReturn
Tax Based On Investment Income0TaxBasedOnInvestmentIncome
Total Tax0TotalTax
Distributable Amount Before Adj2102DistributableAmountBeforeAdj
Distributable Amount Before Ded2102DistributableAmountBeforeDed
Distributable Amount As Adjusted2102DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

FieldValueIRS element (for citing)
Expenses And Contributions43733ExpensesAndContributions
Program Related Investments Total0ProgramRelatedInvestmentsTotal
Amounts Paid Acq Charitable Assets0AmountsPaidAcqCharitableAssets
Amounts Set Aside Suitability Test0AmountsSetAsideSuitabilityTest
Amounts Set Aside Cash Distri Test0AmountsSetAsideCashDistriTest
Qualifying Distributions43733QualifyingDistributions
Adj Qualifying Distributions43733AdjQualifyingDistributions

Undistributed Income UndistributedIncome

FieldValueIRS element (for citing)
Distributable Amount As Adjusted2102DistributableAmountAsAdjusted
Undistributed Income Prior Year0UndistributedIncomePriorYear
Prior Year12010PriorYear1
Prior Year22009PriorYear2
Prior Year32008PriorYear3
Excess Distri Carryover Year514777ExcessDistriCarryoverYear5
Excess Distri Carryover Year425862ExcessDistriCarryoverYear4
Excess Distri Carryover Year319521ExcessDistriCarryoverYear3
Excess Distri Carryover Year227133ExcessDistriCarryoverYear2
Excess Distri Carryover Year116771ExcessDistriCarryoverYear1
Total Excess Distri Carryover104064TotalExcessDistriCarryover
Qualifying Distributions43733QualifyingDistributions
Applied To Year10AppliedToYear1
Applied To Current Year2102AppliedToCurrentYear
Remaining Distri From Corpus41631RemainingDistriFromCorpus
Total Corpus145695TotalCorpus
Taxable Amount20TaxableAmount2
Undistributed Income CY0UndistributedIncomeCY
Excess Distri Cyov From Year514777ExcessDistriCyovFromYear5
Excess Distri Cyov To Next Year130918ExcessDistriCyovToNextYear
Excess From Year425862ExcessFromYear4
Excess From Year319521ExcessFromYear3
Excess From Year227133ExcessFromYear2
Excess From Year116771ExcessFromYear1
Excess From Current Year41631ExcessFromCurrentYear
FieldValueIRS element (for citing)
Private Operating FoundationsPrivateOperatingFoundations

Supplementary Information SupplementaryInformation

FieldValueIRS element (for citing)
Contributing ManagerMICHAEL CHRISTIANContributingManager
Contributing Manager160 FEDERAL STREETContributingManager
Contributing ManagerBOSTON MA 02110ContributingManager
Shareholder ManagerNONEShareholderManager
Only Contributes To PreselectedXOnlyContributesToPreselected

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (32 entries)

Address Line1RecipientUSAddress/AddressLine1CityRecipientUSAddress/CityStateRecipientUSAddress/StateZIP CodeRecipientUSAddress/ZIPCodeRecipient Foundation StatusRecipientFoundationStatusPurpose Of Grant Or ContributionPurposeOfGrantOrContributionAmountAmountAddress Line2RecipientUSAddress/AddressLine2Recipient RelationshipRecipientRelationship
SCHOOL ON WHEELS
790 West Chestnut StreetBrocktonMA02301501(c)(3)PROGRAM SUPPORT$2,500
BEST BUDDIES
100 Southeast Second StreetMiamiFL33131501(c)(3)PROGRAM SUPPORT$1,000Suite 2200
PROJECT BREAD-WALK FOR HUNGER
145 Border StreetEast BostonMA021281903501(c)(3)PROGRAM SUPPORT$1,000
ESSEX COUNTY COMMUNITY FOUNDATION
175 ANDOVER STREET SUITE 101DANVERSMA01923501(c)(3)PROGRAM SUPPORT$150
MAKE A WISH FOUNDATION
814 ELM STREET SUITE 300MANCHESTERNH03031501(c)(3)PROGRAM SUPPORT$1,000
ANIMAL RESCUE LEAGUE BOSTON
10 CHANDLER STREETBOSTONMA02116501(c)(3)PROGRAM SUPPORT$500
Chubb & Son
One Financial CenterBostonMA02111501(c)(3)PROGRAM SUPPORT$5,000
Pan Mass
77 4th AvenueNeedhamMA02494501 (c) (3)Program Support$2,500
CRADLES TO CRAYONS
155 North Beacon StreetBrightonMA02135501 (c) (3)Program Support$500
MS SOCIETY
National MS Society - Greater NE ChBostonMA02284501 (c) (3)Program Support$1,500PO Box 845945
HOSPICE OF NORTH SHORE
75 Sylvan Street Suite B-102DanversMA01923501 (c) (3)Program Support$100
Fire Relief Assistance
Kristen ManninenTrinityNC27370INDIVIDUALDISASTER ASSISTANCE$3,260PO Box 672NO RELATION TO MANAGER OR SUBSTANTIAL CONTRIBUTOR
Catholic Church Charities
Joanne Censullo Thanksgiving DriveSouth BostonMA02127501 (c) (3)Program Support$5,047275 West Broadway
FRIENDS FOR YOUTH
1741 Broadway 1st FloorRedwood CityCA94063501 (c) 3Program Support$1,000
Cure JM Foundation - Sherman Reynolds
836 Lynwood DriveEncinitasCA92024501 (c) 3Program Support$1,000
Susan G Komen - Maeve Byrne
Zumba Fitness LLC C/O Party in PinHallandaleFL33009501 (c) (3)Program Support$740800 Silks Run Suite 2310
RELAY FOR LIFE
43 Nagopark Suite 110 Attn GillianActonMA01720501 (c) (3)Program Support$1,000
MOVEMBER
PO Box 2726VeniceCA90294501 (c) (3)Program Support$2,500
Julius Family Program
133 Dorchester StreetSouth BostonMA02127501 (c) (3)Program Support$579
Sandy Hook School Support
85 West StreetDanburyCT06810501 (C)(3)Program Support$1,348
LABOURE CHILD CARE CENTER
275 West BroadwaySouth BostonMA02127501 (c) (3)Program Support$579
ENDICOTT COLLEGE
376 Hale StreetBeverlyMA01915501 (c) (3)Program Support$100
BAY HEAD FIRE COMPANY
PO Box 111Bay HeadNJ08742501 (c) (3)Program Support$2,450
AMERICAN HEART ASSOCIATION
7272 Greenville AveDallasTX75231501 (c) (3)Program Support$30
RI ORAL HEALTH FOUNDATION
1438 Park AvenueWoonsocketRI02895501 (c) (3)Program Support$500
LOCKS OF LOVE
234 Southern BlvdWest Palm BeachFL33405501 (c) (3)Program Support$500
CAMP SUNSHINE
35 Acadia RoadCascoME04015501 (c) (3)Program Support$100
Steup Up To The Plate - Shawn Berry
212a New London TurnpikeGlastonburyCT06033501 (c) (3)Program Support$1,000
ONE FUND BOSTON
One Fund Boston IncBostonMA02199501 (c) (3)Program Support$4,000PO Box 990009
Guardsmen of San Francisco
PO Box 29250San FranciscoCA94129501 (c) (3)Program Support$1,000
For Jakes Sake
PO Box 3051BEVERLYMA01915501 (c) (3)PROGRAM SUPPORT$250
National MS Society of New England
Greater NE ChapterBostonMA02284501 (c) (3)Program Support$1,000PO Box 845945
FieldValueIRS element (for citing)
Tot Grant Or Contri Paid During Year43733TotGrantOrContriPaidDuringYear

Analysis Income Producing Acty AnalysisIncomeProducingActy

FieldValueIRS element (for citing)
Fees Contracts From Govt AgenciesFeesContractsFromGovtAgencies
Membership Dues And AssessmentsMembershipDuesAndAssessments

Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst

FieldValueIRS element (for citing)
Exclusion Code14ExclusionCode
Exclusion$33ExclusionAmount
FieldValueIRS element (for citing)
Dividends And Int From Sec Part VIIDividendsAndIntFromSecPartVII
Net Rental Incm Re Debt Fincd PropNetRentalIncmReDebtFincdProp
Net Rntl Incm Re Not Debt Fincd PropNetRntlIncmReNotDebtFincdProp
Net Rental Incm Personal PropertyNetRentalIncmPersonalProperty
Other Investment Income Part VIIOtherInvestmentIncomePartVII
Gain Sales Assets Oth Than InvntryGainSalesAssetsOthThanInvntry
Net Income Loss From Special EventsNetIncomeLossFromSpecialEvents
Gross Profit Loss Sales Of InvntryGrossProfitLossSalesOfInvntry

Subtotals Part XVIA SubtotalsPartXVIA

FieldValueIRS element (for citing)
Exclusion$33ExclusionAmount
FieldValueIRS element (for citing)
Total Part XVIA33TotalPartXVIA

Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO

FieldValueIRS element (for citing)
Trnsfr Of Cash To Noncharitable EOfalseTrnsfrOfCashToNoncharitableEO
Trnsfr Oth Assets Noncharitable EOfalseTrnsfrOthAssetsNoncharitableEO
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssets
Purchase Assets Noncharitable EOfalsePurchaseAssetsNoncharitableEO
Rental Of Facilities EtcfalseRentalOfFacilitiesEtc
Reimbursement ArrangementsfalseReimbursementArrangements
Loans Or Loan GuaranteesfalseLoansOrLoanGuarantees
Performance Of Services EtcfalsePerformanceOfServicesEtc
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtc
Relationships Noncharitable E OsfalseRelationshipsNoncharitableEOs

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFXOrganization501c3ExemptPF
General RuleXGeneralRule

Contributor Info ContributorInfo

FieldValueIRS element (for citing)
Contributor Number1ContributorNumber
Contributor Name IndividualMichael ChristianContributorNameIndividual

Contributor Address US ContributorAddressUS

FieldValueIRS element (for citing)
Address Line1160 Federal StreetAddressLine1
CityBostonCity
StateMAState
ZIP Code02110ZIPCode
FieldValueIRS element (for citing)
Aggregate Contributions15000AggregateContributions
Person Contribution TypeXPersonContributionType

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees AccountingFees

FieldValueIRS element (for citing)
CategoryACCOUNTING FEESCategory
Amount$5,125Amount

Depreciation Schedule DepreciationSchedule

Land Etc Schedule2 LandEtcSchedule2

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses (2 entries)

DescriptionDescriptionRevenue And Expenses Per BooksRevenueAndExpensesPerBooks
MA FILING FEES72
BANK FEES5

Other Income Schedule2 OtherIncomeSchedule2

Other Income OtherIncome

FieldValueIRS element (for citing)
DescriptionMiscellaneous IncomeDescription

Taxes Schedule TaxesSchedule

Taxes Taxes

FieldValueIRS element (for citing)
CategoryFEDERAL TAXCategory