CORNELIA AND MICHAEL BESSIE FOUNDATION: Form 990PF, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- CORNELIA AND MICHAEL BESSIE FOUNDATION (EIN 26-2341663)
- Tax period
- 2013-01-01 to 2013-12-31
- Filed
- 2014-08-11
- IRS object ID
- 201402239349100420
- Schema version
- 2013v3.0
- 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 Govt Obligations Sch
- Investments Other Schedule2
- Legal Fees Schedule
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2014-08-11T13:46:25-05:00 | ReturnTs |
| Tax Period End | 2013-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 061187390 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HARVEY & HOROWITZ PC CPAS | BusinessNameLine1 |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1813 SILAS DEANE HIGHWAY | AddressLine1 |
| City | ROCKY HILL | City |
| State | CT | State |
| ZIP Code | 060671305 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2013-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 262341663 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CORNELIA AND MICHAEL BESSIE FOUNDATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CORN | BusinessNameControlTxt |
| Phone | 8603135721 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 296 JOSHUATOWN ROAD | AddressLine1 |
| City | LYME | City |
| State | CT | State |
| ZIP Code | 06371 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CORNELIA BESSIE | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 8603135721 | PhoneNum |
| Signature | 2014-08-06 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | DAVID HOROWITZ CPA | PreparerPersonNm |
| PTIN | P00480861 | PTIN |
| Phone | 8605636443 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2013 | TaxYr |
| Build TS | 2015-12-30 17:16:21Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $3,578,814 | 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 | $74,032 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $68,644 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $39,365 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $39,365 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $55,808 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $670,253 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $55,808 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $169,205 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $163,817 | 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 | $2,740 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $0 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $2,305 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $82 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $0 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $2,168 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $771 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $7,295 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $771 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $165,831 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $165,831 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $173,126 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $771 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $165,831 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$3,921 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $163,046 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $43,689 | CashBOYAmt |
| Cash EOY | $108,101 | CashEOYAmt |
| Cash EOYFMV | $108,101 | CashEOYFMVAmt |
| US Government Obligations BOY | $1,488,842 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $1,312,590 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $1,312,209 | USGovtObligationsEOYFMVAmt |
| Corporate Bonds BOY | $334,578 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $154,942 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $130,900 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $1,299,040 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $1,592,683 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $2,027,604 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $3,166,149 | TotalAssetsBOYAmt |
| Total Assets EOY | $3,168,316 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $3,578,814 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $3,166,149 | RetainedEarningBOYAmt |
| Retained Earning EOY | $3,168,316 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $3,166,149 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $3,168,316 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $3,166,149 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $3,168,316 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $3,166,149 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$3,921 | ExcessRevenueOverExpensesAmt |
| Other Increases | $6,088 | OtherIncreasesAmt |
| Subtotal | $3,168,316 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $3,168,316 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (34 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| 1000 G E CAITAL CORP 4.7% | P | 2013-05-09 | 2013-09-27 | $19,960 | $25,000 | -$5,040 | -$5,040 |
| 500 NEXTERA ENERGY CAP HLDGS 5% | P | 2013-01-15 | 2013-09-27 | $9,430 | $12,500 | -$3,070 | -$3,070 |
| .6720 AMERICAN NEW WORLD FD | P | 2012-12-27 | 2013-11-15 | $39 | $36 | $3 | $3 |
| .3880 FIRST EAGLE GLOBAL FD CL A | P | 2013-03-06 | 2013-11-15 | $21 | $20 | $1 | $1 |
| .2620 FIRST EAGLE US VALUE FD CL A | P | 2013-03-06 | 2013-11-15 | $5 | $5 | $0 | $0 |
| 1.039 BLACKROCK INFLATION PROTECTED | P | 2013-11-29 | 2013-12-24 | $11 | $11 | $0 | $0 |
| 1.066 FIRST EAGLE HIGH YIELD FD | P | 2013-11-29 | 2013-12-24 | $11 | $11 | $0 | $0 |
| .390 AMERICAN INTL GRWTH & INC | P | 2013-09-13 | 2013-11-15 | $1 | $1 | $0 | $0 |
| .071 AMERICAN CAPITAL WRLD GRWTH & INC | P | 2013-09-23 | 2013-11-15 | $3 | $3 | $0 | $0 |
| .72 AMERICAN AMCAP FD | P | 2013-06-17 | 2013-11-15 | $20 | $17 | $3 | $3 |
| .119 AMERICAN MUTUAL FD | P | 2013-09-16 | 2013-11-15 | $4 | $4 | $0 | $0 |
| .79 AMERICAN SMALL CAP WORLD | P | 2012-12-27 | 2013-11-15 | $39 | $29 | $10 | $10 |
| .175 AMERICAN GRWTH FD OF AMERICA | P | 2012-12-20 | 2013-11-15 | $8 | $6 | $2 | $2 |
| .038 AMERICAN NEW PERSPECTIVE | P | 2012-12-27 | 2013-11-15 | $1 | $1 | $0 | $0 |
| .932 AMERICAN WASHINGTON MUT INV | P | 2013-09-23 | 2013-11-15 | $36 | $33 | $3 | $3 |
| 50,000 GOLDMAN SACHS GROUP | P | 2012-08-24 | 2013-05-28 | $50,000 | $49,875 | $125 | $125 |
| 30,000 OREGON ST HSG-CSD | P | 2012-11-13 | 2013-09-27 | $26,288 | $30,545 | -$4,257 | -$4,257 |
| 35,000 HEWETT-PACKARD CO GLB 4.375 | P | 2012-09-07 | 2013-09-30 | $33,942 | $36,085 | -$2,143 | -$2,143 |
| 50,000 GENERAL ELECTRIC CAP CORP 4.8% | P | 2009-10-16 | 2013-01-16 | $50,499 | $50,212 | $287 | $287 |
| 25,000 PFIZER INC 5.35% | P | 2009-03-18 | 2013-03-05 | $27,255 | $25,346 | $1,909 | $1,909 |
| 35,000 PITNEY BOWES INC 5.75% | P | 2008-05-06 | 2013-03-05 | $37,484 | $35,385 | $2,099 | $2,099 |
| 50,000 CTST HSG FIN AT HSG 4.5% | P | 2010-11-08 | 2013-07-18 | $50,000 | $50,000 | $0 | $0 |
| 20,000 CT ST HSG FIN AUTH 4.9% | P | 2012-05-14 | 2013-09-27 | $19,525 | $20,561 | -$1,036 | -$1,036 |
| 40,000 SOUTH CAROLINA ST 4.551% | P | 2012-04-27 | 2013-10-21 | $37,732 | $41,797 | -$4,065 | -$4,065 |
| 35,000 COLORADO SPRINGS 3.397% | P | 2010-10-12 | 2013-09-27 | $35,831 | $35,552 | $279 | $279 |
| 50,000 CT ST BUILD AMERICA 5.09% | P | 2010-10-12 | 2013-03-05 | $57,000 | $51,283 | $5,717 | $5,717 |
| 75,000 TRIBOROUGH BRIDGE & TUNL 4.75% | P | 2011-05-04 | 2013-03-05 | $82,594 | $74,255 | $8,339 | $8,339 |
| 1000 B OF A CORP CLD 8.2% DEPOSITORY | P | 2008-05-20 | 2013-05-01 | $25,000 | $25,000 | $0 | $0 |
| 5000 MAINE ST HSG AUTH 4.0% | P | 2012-05-01 | 2013-05-15 | $5,000 | $5,075 | -$75 | -$75 |
| 5000 CT ST HSG 4.9% | P | 2012-05-14 | 2013-07-18 | $5,000 | $5,199 | -$199 | -$199 |
| 10,000 CT ST HSG FN 4.9% | P | 2012-05-14 | 2013-07-25 | $10,000 | $10,399 | -$399 | -$399 |
| 5000 CT ST HSG 4.9% | P | 2012-05-14 | 2013-01-03 | $5,000 | $5,199 | -$199 | -$199 |
| 20,000 JPMORGAN CHASE PERPETUAL | P | 2012-08-20 | 2013-11-26 | $20,701 | $25,000 | -$4,299 | -$4,299 |
| CAPITAL GAINS DIVIDENDS | P | $61,813 | $61,813 | $61,813 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $55,808 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $192,652 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $3,360,089 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.057335 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $172,831 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $3,289,684 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.052537 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $146,062 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $3,276,790 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.044575 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $47,286 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $1,030,601 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.045882 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $50,000 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $1,414,451 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.035349 | DistributionYr5Rt |
| Total Distribution | 0.235678 | TotalDistributionRt |
| Average Distribution | 0.047136 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $3,514,423 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $165,656 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $1,630 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $167,286 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $165,831 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $3,261 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $3,261 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $3,261 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $5,566 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $5,566 | TotalPaymentsAndCreditsAmt |
| Overpayment | $2,305 | OverpaymentAmt |
| Applied To ES Tax | $2,305 | 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 | CT | 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 | CORNELIA BESSIE | IndividualWithBooksNm |
| Phone | 8605262486 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 296 JOSHUATOWN ROAD | AddressLine1 |
| City | LYME | City |
| State | CT | State |
| ZIP Code | 06371 | ZIPCode |
| 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 (4 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| CORNELIA BESSIE | ||||||||
| 296 JOSHUATOWN ROAD | LYME | CT | 06371 | CO-TRUSTEE | 0.00 | $0 | $0 | $0 |
| ANNE NELSON-BLACK | ||||||||
| 202 RIVERSIDE DRIVE APT 5A | NEW YORK | NY | 10025 | CO-TRUSTEE | 0.00 | $0 | $0 | $0 |
| GEORGE BLACK | ||||||||
| 202 RIVERSIDE DRIVE APT 5A | NEW YORK | NY | 10025 | CO-TRUSTEE | 0.00 | $0 | $0 | $0 |
| JAMES OTTAWAY JR | ||||||||
| 10 WATCH HILL ROAD | NEW PALTZ | NY | 12561 | CO-TRUSTEE | 0.00 | $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 | $3,478,917 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $89,025 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $3,567,942 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $3,567,942 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $53,519 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $3,514,423 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $175,721 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $175,721 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $3,261 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $3,261 | TotalTaxAmt |
| Distributable Before Adj | $172,460 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $172,460 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $172,460 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $165,831 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $165,831 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $165,831 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $172,460 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr4 | $35,391 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr2 | $10,685 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $27,442 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $73,518 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $165,831 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $165,831 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $6,629 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $6,629 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $66,889 | 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 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $66,889 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $28,762 | ExcessFromYear4Amt |
| Excess From Year2 | $10,685 | ExcessFromYear2Amt |
| Excess From Year1 | $27,442 | ExcessFromYear1Amt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (13 entries)
| Address Line1RecipientUSAddress/AddressLine1 | CityRecipientUSAddress/City | StateRecipientUSAddress/State | ZIP CodeRecipientUSAddress/ZIPCode | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| FIRST CONGREGATIONAL CHURCH | |||||||
| 1 STERLING CITY RD | OLD LYME | CT | 06371 | NONE | N/A | CHARITABLE PURPOSE OF RECIPIENTCHARITABLE PURPOSE OF THE RECIPIENT | $15,000 |
| ECO FLIGHT | |||||||
| 307 L ASPEN AIRPORT BUSN CTR | ASPEN | CO | 81611 | NONE | N/A | CHARITABLE PURPOSE OF RECIPIENT | $30,000 |
| MEDIA ARTS CENTER SAN DIEGO | |||||||
| 2921 EL CAJON BLVD | SAN DIEGO | CA | 92104 | NONE | N/A | CHARITABLE PURPOSE OF RECIPIENT | $10,000 |
| LOUIE AND NANCY HATCH FDN | |||||||
| 954 LEXINGTON AVE 118 | NEW YORK | NY | 10021 | NONE | N/A | CHARITABLE PURPOSE OF RECIPIENT | $9,000 |
| PENTACLE DANCE WORKS INC | |||||||
| 246 W 38TH ST 4 | NEW YORK | NY | 10018 | NONE | N/A | CHARITABLE PURPOSE OF RECIPIENT | $12,000 |
| WE CARE SOLAR | |||||||
| PO BOX 5765 | BERKELEY | CA | 94705 | NONE | N/A | CHARITABLE PURPOSE OF RECIPIENT | $10,000 |
| WATER KEEPER ALLIANCE | |||||||
| 17 BATTERY PLACE SUITE 1329 | NEW YORK | NY | 10004 | NONE | N/A | CHARITABLE PURPOSE OF RECIPIENT | $6,500 |
| POET'S HOUSE | |||||||
| 10 RIVER TERRACE | NEW YORK | NY | 10282 | NONE | N/A | CHARITABLE PURPOSE OF RECIPIENT | $10,000 |
| WORDS WITHOUT BORDERS ORG | |||||||
| PO BOX 1658 | NEW YORK | NY | 10276 | NONE | N/A | CHARITABLE PURPOSE OF RECIPIENT | $10,000 |
| BARD COLLEGE | |||||||
| 30 CAMPUS RD | ANNANDALE ON HUDSON | NY | 12504 | NONE | N/A | CHARITABLE PURPOSE OF RECIPIENT | $22,500 |
| GEORGE BLACK PBS | |||||||
| 1049 ASYLUM AVE | HARTFORD | CT | 06105 | NONE | N/A | CHARITABLE PURPOSE OF RECIPIENT | $831 |
| GLOBAL LINKS | |||||||
| 4809 PENN AVE | PITTSBURG | PA | 15224 | NONE | N/A | CHARITABLE PURPOSE OF RECIPIENT | $20,000 |
| STORY CORPS | |||||||
| 80 HANSON PLACE 2ND FL | BROOKLYN | NY | 11217 | NONE | N/A | CHARITABLE PURPOSE OF RECIPIENT | $10,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $165,831 | 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 | $74,032 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $39,365 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $60,705 | ExclusionAmt |
| Related Or Exempt Function Incm | -$4,897 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $174,102 | ExclusionAmt |
| Related Or Exempt Function Incm | -$4,897 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $169,205 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Line Number | 8 | LineNumberTxt |
| Relationship Statement | GAIN ON SALE OF ASSETS | RelationshipStatementTxt |
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 | HARVEY & HOROWITZ | CategoryTxt |
| Amt | $2,305 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (12 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 35,000 PITNEY BOWES INC | $0 | $0 |
| 1000 BANK OF AMERICA CORP | $0 | $0 |
| 50,000 GENERAL ELEC CAP CORP | $0 | $0 |
| 25,000 PFIZER INC | $0 | $0 |
| 35,000 HEWLETT-PACKARD CO 4.375% 9/15/21 | $0 | $0 |
| 50,000 GOLDMAN SACHS GRP 8/28/27 | $0 | $0 |
| 1000 BANK OF NY MELLON SER C 5.2% | $25,000 | $20,750 |
| 1000 CAPITAL ONE FINANCIAL SER B 6% | $25,000 | $21,740 |
| 1500 COMCAST CORP NOTES 5% 12/15/61 | $37,500 | $30,960 |
| 1000 JP MORGAN CHASE SER O 5.5% | $0 | $0 |
| 40,000 JPMORGAN CHASE & CO 4.75% 7/29/31 | $42,442 | $39,190 |
| 1000 NEXTERA ENERGY 5% 1/15/73 | $25,000 | $18,260 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $50,664 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $50,551 | USGovtObligationsEOYFMVAmt |
| State Local Sec Book Vl EOY | $1,261,926 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $1,261,658 | StateLocalSecEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (15 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| 1848.77 AMERICAN NEW WORLD FUND | AT COST | $94,776 | $108,615 |
| 3160.509 AMERICAN INTL GROWTH | AT COST | $87,864 | $110,713 |
| 2450.996 AMERICAN CAPITAL WORLD | AT COST | $99,804 | $111,079 |
| 4506.867 AMERICAN AMCAP FUND | AT COST | $81,931 | $123,173 |
| 2120.751 AMERICAN SMALL CAP WORLD | AT COST | $76,964 | $104,235 |
| 3619.953 AMERICAN FUNDAMENTAL | AT COST | $125,144 | $188,129 |
| 3534.416 AMERICAN GROWTH FD OF AMER | AT COST | $92,925 | $151,980 |
| 3593.687 AMERICAN INVESTMENT CO | AT COST | $97,099 | $131,888 |
| 2551.201 AMERICAN NEW PERSPECTIVE | AT COST | $65,113 | $95,823 |
| 5349.394 AMERICAN WASHINGTON MUT | AT COST | $141,809 | $210,927 |
| 3672.869 AMERICAN MUTUAL FD | AT COST | $87,277 | $127,853 |
| 4434.147 FIRST EAGLE GLOBAL FD | AT COST | $217,329 | $237,715 |
| 9711.477 BLACKROCK INFL PROT BD | AT COST | $109,652 | $103,233 |
| 11,053.434 FIRST EAGLE HIGH YIELD FD | AT COST | $110,323 | $111,971 |
| 5516.26 FIRST EAGLE US VALUE | AT COST | $104,673 | $110,270 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | DAY PITNEY LLP | CategoryTxt |
| Legal Fees | $2,740 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | COST ADJUSTMENTS | Description |
| Amount | $6,088 | Amount |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| MERRILL LYNCH ANNUAL FEE | $80 | $0 | $0 |
| BANK CHARGES | $2 | $0 | $0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| EXCISE TAXES PAID | $1,397 | $0 | $0 |
| FOREIGN TAX PAID | $771 | $771 | $0 |