JOSEPH AND ROBERT CORNELL MEMORIAL FOUNDATION: Form 990PF, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- JOSEPH AND ROBERT CORNELL MEMORIAL FOUNDATION (EIN 13-3097502)
- Tax period
- 2013-01-01 to 2013-12-31
- Filed
- 2014-09-23
- IRS object ID
- 201402669349100600
- 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 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 | 2014-09-23T09:13:57-05:00 | ReturnTs |
| Tax Period End | 2013-12-31 | 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 | BusinessNameLine1 |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1185 AVENUE OF THE AMERICAS | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 100362602 | 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 | 133097502 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE JOSEPH AND ROBERT CORNELL MEMORIAL FOUNDATION | BusinessNameLine1 |
| 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 | AddressLine1 |
| City | BOCA RATON | City |
| State | FL | State |
| ZIP Code | 33432 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JOSEPH ERDMAN | PersonNm |
| Person Title | TRUSTEE | PersonTitleTxt |
| Phone | 2123721000 | PhoneNum |
| Signature | 2014-09-16 | 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 | 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 | $81,265,521 | 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 | $1,691 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $1,691 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $2,324,259 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $2,324,259 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $2,188,061 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $6,470,182 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $2,188,061 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $27,265 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $21,015 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $4,541,276 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $4,535,026 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $222,528 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $22,282 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $200,246 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $1,200 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $0 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $1,200 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $34,313 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $34,313 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $2,925 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $1,462 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $1,463 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $153,525 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $153,525 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $149,995 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $1,995 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Occupancy Rev And Expnss | $10,935 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $5,467 | OccupancyNetInvstIncmAmt |
| Occupancy Dsbrs Chrtbl | $5,468 | OccupancyDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $4,740 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $490 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $4,250 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $580,161 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $185,221 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $246,940 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,935,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,935,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $2,515,161 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $185,221 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $2,181,940 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $2,026,115 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $4,349,805 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $3,507,137 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $846,380 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $846,380 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $32,246,350 | CorporateStockBOYAmt |
| Corporate Stock EOY | $39,908,789 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $70,214,220 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $1,992,765 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $1,504,625 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $1,720,691 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $10,052,786 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $7,543,993 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $7,417,907 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $3,966 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $3,966 | LandBldgEquipAccumDeprecAmt |
| Other Assets BOY | $553,597 | OtherAssetsBOYAmt |
| Other Assets EOY | $574,963 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $1,066,323 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $48,352,635 | TotalAssetsBOYAmt |
| Total Assets EOY | $50,378,750 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $81,265,521 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | $48,352,635 | CapitalStockBOYAmt |
| Capital Stock EOY | $50,378,750 | 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 | $48,352,635 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $50,378,750 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $48,352,635 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $50,378,750 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $48,352,635 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $2,026,115 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $50,378,750 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $50,378,750 | 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 | 2013-07-22 | 2013-07-24 | $419,220 | $432,342 | -$13,122 | -$13,122 | |
| FIDUCIARY TRUST - PUBLICLY TRADED SECURITIES | 2011-12-31 | 2013-12-31 | $5,910,699 | $3,849,779 | $2,060,920 | $2,060,920 | |
| CAPITAL GAINS DIVIDENDS | $140,263 | $140,263 | $140,263 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $2,188,061 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $2,242,540 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $68,992,768 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.032504 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $1,959,141 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $65,393,427 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.029959 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $5,084,872 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $60,841,983 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.083575 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $3,916,790 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $55,277,643 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.070857 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $3,334,863 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $71,047,454 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.046939 | DistributionYr5Rt |
| Total Distribution | 0.263834 | TotalDistributionRt |
| Average Distribution | 0.052767 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $76,286,306 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $4,025,400 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $43,498 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $4,068,898 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $2,181,940 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $86,996 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $86,996 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $86,996 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $108,658 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $108,658 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Overpayment | $21,662 | OverpaymentAmt |
| Applied To ES Tax | $21,662 | 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 | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 100362602 | 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 | 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/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | 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 | $73,981 | $0 | $0 |
| JOSEPH ERDMAN | ||||||||
| 550 SE MIZNER BLVD | BOCA RATON | FL | 33432 | TRUSTEE | 20.00 | $148,547 | $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 | BusinessNameLine1 |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 175 FEDERAL STREET | AddressLine1 |
| City | BOSTON | City |
| State | MA | State |
| ZIP Code | 02110 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | CUSTODY FEES | ServiceTypeTxt |
| Compensation | $153,525 | 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 | $74,065,416 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $2,326,970 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $1,055,640 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $77,448,026 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $77,448,026 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $1,161,720 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $76,286,306 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $3,814,315 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $3,814,315 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $86,996 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $86,996 | TotalTaxAmt |
| Distributable Before Adj | $3,727,319 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $3,727,319 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $3,727,319 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $2,181,940 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $2,181,940 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $2,181,940 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $3,727,319 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $2,177,973 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $2,181,940 | QualifyingDistributionsAmt |
| Applied To Year1 | $2,177,973 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $3,967 | 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 | $3,723,352 | 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 (13 entries)
| Address Line1RecipientUSAddress/AddressLine1 | CityRecipientUSAddress/City | StateRecipientUSAddress/State | ZIP CodeRecipientUSAddress/ZIPCode | 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 | $25,000 |
| MARTHA JEFFERSON HOSPITAL | |||||||
| 500 MARTHA JEFFERSON DRIVE | CHARLOTTESVILLE | VA | 22911 | NONE | PC | GRANT IS FOR DONEE'S EXEMPT PURPOSE | $350,000 |
| MILLER CENTER FOUNDATION | |||||||
| 2333 OLD IVY ROAD | CHARLOTTESVILLE | VA | 22903 | NONE | PC | GRANT IS FOR DONEE'S EXEMPT PURPOSE | $100,000 |
| MONTPELIER FOUNDATION | |||||||
| 11407 CONSTITUTION HWY | MONTPELIER STATION | VA | 22957 | NONE | PC | GRANT IS FOR DONEE'S EXEMPT PURPOSE | $350,000 |
| 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 | $100,000 |
| THOMAS JEFFERSON FOUNDATION INC | |||||||
| PO BOX 217 | CHARLOTTESVILLE | VA | 22902 | NONE | PC | GRANT IS FOR DONEE'S EXEMPT PURPOSE | $350,000 |
| UNIVERSITY OF VIRGINIA | |||||||
| 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 | $50,000 |
| UNIVERSITY OF VIRGINIA ART MUSEUM | |||||||
| 155 RUGBY ROAD | CHARLOTTESVILLE | VA | 22904 | NONE | PC | GRANT IS FOR DONEE'S EXEMPT PURPOSE | $350,000 |
| 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 | $100,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,935,000 | 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 | $1,691 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $2,324,259 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $2,188,061 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (2 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|
| PERMISSIONS AND LICENSES | 01 | $14,765 |
| REPAYMENT OF PRIOR YEARS TRUSTEE COMMISSIONS | 01 | $12,500 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $4,541,276 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $4,541,276 | 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 | $2,925 | Amt |
| Net Investment Income | $1,462 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $1,463 | DisbursementsCharitablePrpsAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (5 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 400,000 AT&T INC | $395,296 | $450,272 |
| 250,000 BANK OF AMERICA CORP | $249,974 | $285,448 |
| 100,000 BARCLAYS BANK PLC | $99,748 | $110,883 |
| 400,000 JP MORGAN CHASE & CO | $369,145 | $422,184 |
| 400,000 VERIZON COMMUNICATIONS | $390,462 | $451,904 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (64 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 25,000 ABBOTT LABORATORIES | $768,118 | $958,250 |
| 15,000 ABBVIE INC | $444,067 | $792,150 |
| 25,000 ALLIANT ENERGY GROUP | $591,203 | $1,290,000 |
| 15,000 AMERICAN ELECTRIC POWER CO | $447,273 | $701,100 |
| 2,000 APPLE INC | $1,106,472 | $1,122,040 |
| 20,000 AT&T INC | $494,624 | $703,200 |
| 20,000 ATMOS ENERGY CORP | $528,126 | $908,400 |
| 8,000 BHP BILLITON LTD | $166,979 | $545,600 |
| 22,500 BRISTOL-MYERS SQUIBB CO | $322,227 | $1,195,875 |
| 8,000 CENTERPOINT ENERGY INC | $92,105 | $185,440 |
| 25,000 CHEVRON CORP | $1,143,845 | $3,122,750 |
| 50,000 CISCO SYSTEMS INC | $894,772 | $1,121,500 |
| 40,000 COCA-COLA CO COM | $1,443,858 | $1,652,400 |
| 15,000 COLGATE PALMOLIVE | $538,730 | $978,150 |
| 20,000 CONOCOPHILLIPS COM | $1,240,805 | $1,413,000 |
| 3,350 DEERE & CO COM | $274,454 | $305,956 |
| 5,000 DOVER CORP COM | $306,526 | $482,700 |
| 20,000 EQT CORP | $466,544 | $1,795,600 |
| 30,000 EXXON MOBIL CORP | $2,410,311 | $3,036,000 |
| 45,000 GENERAL ELECTRIC CO | $1,042,071 | $1,261,350 |
| 15,000 GENERAL MILLS | $430,311 | $748,650 |
| 1,000 GOOGLE INC | $662,650 | $1,120,710 |
| 10,000 HOME DEPOT INC | $622,120 | $823,400 |
| 15,000 HONEYWELL INTL INC | $547,273 | $1,370,550 |
| 30,000 HORMEL FOODS CORP | $193,265 | $1,355,100 |
| 20,000 JOHNSON AND JOHNSON COM | $1,099,841 | $1,831,800 |
| 5,000 KELLOGG CO | $230,355 | $305,350 |
| 15,000 KIMBERLY CLARK | $1,130,256 | $1,566,900 |
| 20,000 MARATHON OIL CORP | $123,129 | $706,000 |
| 10,000 MARATHON PETROLEUM CORP | $83,290 | $917,300 |
| 3,000 MARKET VECTORS GOLD | $187,469 | $63,390 |
| 15,000 MCDONALDS CORP | $886,849 | $1,455,450 |
| 50,625 MDU RESOURCES GRP INC | $229,098 | $1,546,594 |
| 35,000 MERCK & CO INC | $1,317,160 | $1,751,750 |
| 50,000 MICROSOFT CORP | $1,288,252 | $1,870,500 |
| 25,000 NEW JERSEY RESOURCE CORP | $280,215 | $1,156,000 |
| 20,000 NEXTERA ENERGY INC | $282,856 | $1,712,400 |
| 15,000 PEPSICO INC | $811,735 | $1,244,100 |
| 45,000 PFIZER INC | $983,106 | $1,378,350 |
| 4,000 PHILLIPS 66 | $133,436 | $308,520 |
| 20,000 PLUM CREEK TIMBER CO INC | $589,793 | $930,200 |
| 10,000 PPG INDUSTRIES INC SHS | $444,507 | $1,896,600 |
| 10,000 PUBLIC STORAGE | $1,642,989 | $1,505,200 |
| 18,000 PROCTER & GAMBLE CO | $970,994 | $1,465,380 |
| 50,000 QEP RESOURCES INC | $207,161 | $1,532,500 |
| 50,000 QUESTAR CORP | $106,245 | $1,149,500 |
| 15,000 SCANA CORP NEW | $279,600 | $703,950 |
| 10,000 SEMPRA ENERGY | $194,025 | $897,600 |
| 10,000 SIMON PROPERTY GROUP INC | $1,728,428 | $1,521,600 |
| 20,000 SOUTH JERSEY INDUSTRIES | $95,414 | $559,600 |
| 20,000 SOUTHERN COMPANY | $545,741 | $822,200 |
| 20,000 SOUTHWEST GAS CORP | $273,980 | $1,118,200 |
| 35,000 SPECTRA ENERGY CORP | $642,886 | $1,246,700 |
| 20,000 TECO ENERGY INC | $379,050 | $344,800 |
| 60,000 TORTOISE MLP FUND | $1,458,424 | $1,641,000 |
| 30,000 TORTOISE ENERGY INTRASTRUCTURE | $1,429,243 | $1,430,100 |
| 4,000 VANGUARD TELECOM SERVICE | $250,948 | $334,640 |
| 25,000 VERIZON COMMUNICATIONS | $726,315 | $1,228,500 |
| 10,000 WAL-MART STORES INC | $483,805 | $786,900 |
| 5,000 WALT DISNEY HOLDING CO | $252,966 | $382,000 |
| 10,000 WESTAR ENERGY INC | $180,411 | $321,700 |
| 10,000 WGL HOLDINGS INC | $115,626 | $400,600 |
| 15,000 XCEL ENERGY INC | $269,192 | $419,100 |
| 5,500 3M COMPANY | $395,270 | $771,375 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (11 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| 1,361 ALLIANZGI CONVERTIBLE & INCOME FUND | FMV | $6,118 | $13,215 |
| 14,372 ALLIANCEBERNSTEIN GLOBAL | FMV | $180,051 | $205,232 |
| 83,749 BLACKROCK INCOME TRUST | FMV | $587,537 | $542,694 |
| 260,761 DNP SELECT INCOME FD INC | FMV | $2,394,273 | $2,456,369 |
| 6,024 DWS HIGH INCOME TRUST | FMV | $49,665 | $55,059 |
| 44,304 J HANCOCK JOHN PREMIUM DIV FUND | FMV | $493,661 | $513,926 |
| 10,000 INVESCO VAN KAMPEN BOND FUND | FMV | $169,724 | $176,900 |
| 63,616 MORGAN STANLEY INCOME SEC | FMV | $1,039,138 | $1,069,385 |
| 3,000 PROSHARES SHORT S & P 500 EFT | FMV | $107,730 | $75,690 |
| 72,502 PUTNAM HIGH INCOME SECS | FMV | $536,153 | $598,867 |
| 215,166 TEMPLETON GLOBAL INCOME | FMV | $1,979,943 | $1,710,570 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp (2 entries)
| CategoryCategoryTxt | Legal FeesLegalFeesAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| PROSKAUER ROSE LLP | $34,232 | $0 | $34,232 |
| CUSHMAN AND WAKEFIELD | $81 | $0 | $81 |
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 | $12,157 | $33,523 | $33,523 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (5 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 | $36 | $0 | $36 |
| OFFICE EXPENSES | $1,255 | $0 | $1,255 |
| FRAMING EXPENSES | $1,459 | $0 | $1,459 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| PERMISSIONS AND LICENSES | $14,765 | $14,765 | $14,765 |
| REPAYMENT OF PRIOR YEARS TRUSTEE COMMISSIONS | $12,500 | $6,250 | $12,500 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FIDUCIARY TRUST CUSTODY FEE | CategoryTxt |
| Amt | $153,525 | Amt |
| Net Investment Income | $153,525 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FEDERAL EXCISE TAX | $148,000 | $0 | $0 |
| FOREIGN TAX PAID | $1,995 | $1,995 | $0 |