GRUNDY FOUNDATION: Form 990PF, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- GRUNDY FOUNDATION (EIN 23-1609243)
- Tax period
- 2013-01-01 to 2013-12-31
- Filed
- 2014-11-04
- IRS object ID
- 201433089349100128
- 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
- Cash Deemed Charitable Expln Stmt
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Legal Fees Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2014-11-04T14:55:07-06:00 | ReturnTs |
| Tax Period End | 2013-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 232896692 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BBD LLP | BusinessNameLine1 |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1835 MARKET STREET 26TH FLOOR | AddressLine1 |
| City | PHILADELPHIA | City |
| State | PA | State |
| ZIP Code | 19103 | 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 | 231609243 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE GRUNDY FOUNDATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | GRUN | BusinessNameControlTxt |
| Phone | 2157885460 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 680 RADCLIFFE STREET | AddressLine1 |
| City | BRISTOL | City |
| State | PA | State |
| ZIP Code | 19007 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | EUGENE WILLIAMS | PersonNm |
| Person Title | EXECUTIVE DIRECTOR | PersonTitleTxt |
| Phone | 2157885460 | PhoneNum |
| Signature | 2014-11-04 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JENNIFER SOLOT CPA | PreparerPersonNm |
| PTIN | P00749373 | PTIN |
| Phone | 2155677770 | 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 | $60,918,312 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $858 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $913,550 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $913,550 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $1,262,441 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $15,698,338 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $1,262,441 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $21,748 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $0 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $21,748 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $2,198,597 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $2,175,991 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $21,748 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $318,933 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $97,582 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $0 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $221,351 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $848,018 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $0 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Adj Net Incm | $0 | OthEmplSlrsWgsAdjNetIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $848,018 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $307,217 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $0 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Adj Net Incm | $0 | PensionEmplBnftAdjNetIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $307,217 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $15,816 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $15,816 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $9,375 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $9,375 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $2,736 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $0 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $0 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $2,736 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $35,601 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $0 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $22,697 | TaxesDsbrsChrtblAmt |
| Occupancy Rev And Expnss | $199,158 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $0 | OccupancyNetInvstIncmAmt |
| Occupancy Adj Net Incm | $0 | OccupancyAdjNetIncmAmt |
| Occupancy Dsbrs Chrtbl | $199,158 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $20,001 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Adj Net Incm | $0 | TravConfMeetingAdjNetIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $20,001 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $447,305 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $0 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $447,305 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $2,204,160 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $97,582 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $2,093,674 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $143,500 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $143,500 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $2,347,660 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $97,582 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $2,237,174 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$149,063 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $2,078,409 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $21,748 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $7,825,213 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $6,103,039 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $6,103,039 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $5,063,153 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $3,807,373 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $3,981,636 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $14,169,257 | CorporateStockBOYAmt |
| Corporate Stock EOY | $24,623,760 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $30,954,740 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $3,467,143 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $3,161,090 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $3,190,552 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $7,312,013 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $57,682 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $63,379 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $3,770,316 | LandBldgEquipCostOrOtherBssAmt |
| Land BOY | $3,770,316 | LandBOYAmt |
| Land EOY | $3,770,316 | LandEOYAmt |
| Land EOYFMV | $16,624,966 | LandEOYFMVAmt |
| Total Assets BOY | $41,607,095 | TotalAssetsBOYAmt |
| Total Assets EOY | $41,523,260 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $60,918,312 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
| Unrestricted BOY | $41,607,095 | UnrestrictedBOYAmt |
| Unrestricted EOY | $41,456,966 | UnrestrictedEOYAmt |
| Temporarily Restricted EOY | $66,294 | TemporarilyRestrictedEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $41,607,095 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $41,523,260 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $41,607,095 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $41,523,260 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $41,607,095 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$149,063 | ExcessRevenueOverExpensesAmt |
| Other Increases | $65,228 | OtherIncreasesAmt |
| Subtotal | $41,523,260 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $41,523,260 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| SALES OF PUBLICLY TRADED SECURITIES-SHORT TERM | P | $4,756,823 | $4,122,090 | $634,733 | $634,733 |
| SALES OF PUBLICLY TRADED SECURITIES-LONG TERM | P | $10,933,126 | $10,313,807 | $619,319 | $619,319 |
| CAPITAL GAINS DIVIDENDS | P | $8,389 | $8,389 | $8,389 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $1,262,441 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $2,383,534 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $37,936,134 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.062830 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $2,207,655 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $35,547,484 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.062104 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $2,216,299 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $35,531,674 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.062375 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $2,481,838 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $38,120,740 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.065105 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $2,751,947 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $45,849,427 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.060021 | DistributionYr5Rt |
| Total Distribution | 0.312435 | TotalDistributionRt |
| Average Distribution | 0.062487 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $39,757,619 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $2,484,334 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $20,784 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $2,505,118 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $2,237,174 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $41,568 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $41,568 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $41,568 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $23,680 | EstimatedPlusOvpmtIncmTxAmt |
| Applied To Es Tax | $27,400 | AppliedToEsTaxAmt |
| Total Payments And Credits | $51,080 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $451 | EsPenaltyAmt |
| Overpayment | $9,061 | OverpaymentAmt |
| Applied To ES Tax | $9,061 | 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 | PA | 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 | WWW.GRUNDYFOUNDATION.COM | WebsiteAddressTxt |
| Individual With Books | EXECUTIVE DIRECTOR | IndividualWithBooksNm |
| Phone | 2157885460 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O THE ORGANIZATIONS ADDRESS | AddressLine1 |
| City | BRISTOL | City |
| State | PA | State |
| ZIP Code | 19007 | 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 (6 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 |
|---|---|---|---|---|---|---|---|---|
| FREDERICK JM LAVALLEY ESQ | ||||||||
| C/O THE GRUNDY FOUNDATIONS ADDRESS | BRISTOL | PA | 19007 | TRUSTEE | 1.00 | $16,753 | $0 | $0 |
| THOMAS F PRAISS EA CFP AEP | ||||||||
| C/O THE GRUNDY FOUNDATIONS ADDRESS | BRISTOL | NJ | 19007 | TRUSTEE | 1.00 | $16,753 | $0 | $0 |
| LEONARD N SNYDER | ||||||||
| C/O THE GRUNDY FOUNDATIONS ADDRESS | BRISTOL | PA | 19007 | TRUSTEE | 1.00 | $16,753 | $0 | $0 |
| BONNIE J O'BOYLE | ||||||||
| C/O THE GRUNDY FOUNDATIONS ADDRESS | BRISTOL | PA | 19007 | TRUSTEE | 1.00 | $16,753 | $0 | $0 |
| PHILA TRUST CO CO DEAN A WALTERS | ||||||||
| C/O THE GRUNDY FOUNDATIONS ADDRESS | BRISTOL | PA | 19007 | TRUSTEE | 1.00 | $97,582 | $0 | $0 |
| EUGENE WILLIAMS ESQ | ||||||||
| C/O THE GRUNDY FOUNDATIONS ADDRESS | BRISTOL | PA | 19007 | EXECUTIVE DIRECTOR | 40.00 | $127,195 | $27,144 | $0 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (5 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee BenefitsEmployeeBenefitsAmt | Expense AccountExpenseAccountAmt |
|---|---|---|---|---|---|---|---|---|
| MARY JANE MANNHERZ | ||||||||
| C/O THE ORGANIZATIONS ADDRESS | BRISTOL | PA | 19007 | LIBRARY DIRECTOR | 40.00 | $89,614 | $14,902 | $0 |
| SHIRLEY HICKEY | ||||||||
| C/O THE ORGANIZATIONS ADDRESS | BRISTOL | PA | 19007 | YOUTH SERVICES COORD | 40.00 | $59,386 | $17,697 | $0 |
| DANA BARBER | ||||||||
| C/O THE ORGANIZATIONS ADDRESS | BRISTOL | PA | 19007 | ASSOCIATE LIBRARY DI | 40.00 | $69,952 | $6,995 | $0 |
| STEVEN VITARELLI | ||||||||
| C/O THE ORGANIZATIONS ADDRESS | BRISTOL | PA | 19007 | TECHNOLOGY DIRECTOR | 40.00 | $56,682 | $20,093 | $0 |
| JANE FRAZER | ||||||||
| C/O THE ORGANIZATIONS ADDRESS | BRISTOL | PA | 19007 | SUPPORT SERVICES & D | 40.00 | $53,016 | $11,243 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | MAINTENANCE OF LIBRARY AND MUSEUM | Description1Txt |
| Expenses1 | $1,293,601 | Expenses1Amt |
| Description2 | GRANTMAKING | Description2Txt |
| Expenses2 | $143,500 | Expenses2Amt |
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 | $35,531,617 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $6,599,098 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $42,130,715 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $42,130,715 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $2,373,096 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $39,757,619 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,987,881 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,987,881 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $41,568 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $41,568 | TotalTaxAmt |
| Distributable Before Adj | $1,946,313 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $1,946,313 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $1,946,313 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $2,237,174 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $2,237,174 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $2,237,174 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,946,313 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $491,842 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $583,369 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $477,247 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $475,519 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $534,013 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $2,561,990 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $2,237,174 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $1,946,313 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $290,861 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $2,852,851 | 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 | $491,842 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $2,361,009 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $583,369 | ExcessFromYear4Amt |
| Excess From Year3 | $477,247 | ExcessFromYear3Amt |
| Excess From Year2 | $475,519 | ExcessFromYear2Amt |
| Excess From Year1 | $534,013 | ExcessFromYear1Amt |
| Excess From Current Year | $290,861 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | EUGENE WILLIAMS ESQ EXECUTIVE DIREC | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 680 RADCLIFFE STREET | AddressLine1 |
| City | BRISTOL | City |
| State | PA | State |
| ZIP Code | 19007 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 2157885460 | RecipientPhoneNum |
| Recipient Email Address | THE GRUNDY FOUNDATION | RecipientEmailAddressTxt |
| Form And Info And Materials | THOSE APPLYING FOR A GRANT FROM THE FOUNDATION SHOULD USE THE DELAWARE VALLEY GRANTMAKER COMMON GRANT APPLICATION FORM, WHICH CAN BE DOWNLOADED FROM THEIR WEBSITE AT HTTP://WWW.DVG.ORG/?PAGE=CGA. COMPLETED FORMS CAN BE MAILED, FAXED OR SENT ELECTRONICALLY. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | NONE | SubmissionDeadlinesTxt |
| Restrictions On Awards | GRANT GUIDELINES - CAN BE VIEWED FROM THE FOUNDATION'S WEBSITE AT HTTP://WWW.GRUNDYFOUNDATION.COM/NODE/9 | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (4 entries)
| Address Line1RecipientUSAddress/AddressLine1 | CityRecipientUSAddress/City | StateRecipientUSAddress/State | ZIP CodeRecipientUSAddress/ZIPCode | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| BRISTOL BOROUGH SCHOOL DISTRICT | ||||||
| 1776 FARRAGUT AVENUE | BRISTOL | PA | 19007 | 509(A)(1) | TO FUND THE SCIENCE KITS FOR GRADES K-6 AND LNS SCHOLARSHIP. | $23,500 |
| BRISTOL RIVERSIDE THEATRE INC | ||||||
| PO BOX 1250 | BRISTOL | PA | 19007 | 509(A)(1) | TO FUND THE 2013 MAIN STAGE SEASON. | $90,000 |
| DELAWARE AND LEHIGH NATIONAL HERITAGE CORRIDOR | ||||||
| 2750 HUGH MOORE PARK ROAD | EASTON | PA | 18042 | 509(A)(1) | TO FUND THE MITCHENER SIGNAGE. | $10,000 |
| UNITED WAY OF BUCKS COUNTY | ||||||
| 413 HOOD BOULEVARD | FAIRLESS HILLS | PA | 19030 | 509(A)(1) | TO SUPPORT THE ANNUAL CAMPAIGN 2013. | $20,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $143,500 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Program Service Rev Part VII ProgramServiceRevPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | LIBRARY & MUSEUM | Desc |
| Related Or Exempt Function Incm | $21,748 | RelatedOrExemptFunctionIncmAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $913,550 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $1,262,441 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $2,175,991 | ExclusionAmt |
| Related Or Exempt Function Incm | $21,748 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $2,197,739 | 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 | 1A | LineNumberTxt |
| Relationship Statement | MISCELLANEOUS INCOME FROM THE MARGARET R. GRUNDY MEMORIAL LIBRARY WHICH EXISTS FOR CHARITABLE, SCIENTIFIC, LITERARY, EDUCATIONAL AND PUBLIC WORKS PROJECTS. | 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 | ACCOUNTING AND AUDITING | CategoryTxt |
| Amt | $9,375 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $9,375 | DisbursementsCharitablePrpsAmt |
Cash Deemed Charitable Expln Stmt CashDeemedCharitableExplnStmt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Short Explanation | IN ACCORDANCE WITH REG. 53.4942(A)-2(C)(3)(IV), THE ABOVE REFERENCED FOUNDATION IS EXCLUDING FROM ITS MINIMUM INVESTMENT RETURN (MIR) CALCULATION A TOTAL OF $2,373,096 IN CASH THAT IT DEEMS HELD FOR CHARITABLE ACTIVITIES. THIS AMOUNT IS IN EXCESS OF 1.5% OF THE FAIR MARKET VALUE OF THE FOUNDATION'S NOCHARITABLE-USE ASSETS. THE FOLLOWING INFORMATION IS SUBMITTED IN SUPPORT OF THE EXCLUSION FROM MIR OF THIS AMOUNT.1. FAIR MARKET VALUE OF FOUNDATION'S NONCHARITABLE-USE ASSETS: $42,130,7152. 1.5% OF LINE 1: $631,9613. FACTS AND CIRCUMSTANCES JUSTIFYING THE EXCLUSION OF AN AMOUNT IN EXCESS OF THE AMOUNT IN LINE 2: FOR THE PAST THREE YEARS THE FOUNDATION HAS INCURRED EXPENDITURES FOR CHARITABLE PURPOSES OF $2,481,838 (2010), $2,230,274 (2011) AND $2,407,177 (2012) FOR AN AVERAGE OF $2,273,096 IN ORDER TO CONDUCT ITS CHARITABLE ACTIVITIES. | ShortExplanationTxt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | VARIOUS CORPORATE BONDS (PUBLICLY TRADED) | BondNm |
| EOY Book Value | $3,161,090 | EOYBookValueAmt |
| EOYFMV | $3,190,552 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | VARIOUS CORPORATE STOCK (PUBLICLY TRADED) | StockNm |
| EOY Book Value | $24,623,760 | EOYBookValueAmt |
| EOYFMV | $30,954,740 | EOYFMVAmt |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $3,807,373 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $3,981,636 | USGovtObligationsEOYFMVAmt |
| State Local Sec Book Vl EOY | $0 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $0 | StateLocalSecEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | VARIOUS MUTUAL FUNDS (PUBLICLY TRADED) | CategoryOrItemTxt |
| Listed At Cost Or FMV | FMV | ListedAtCostOrFMVCd |
| Book Value | $57,682 | BookValueAmt |
| EOYFMV | $63,379 | EOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL | CategoryTxt |
| Legal Fees | $15,816 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $15,816 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (11 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| ADMINISTRATIVE | $16,103 | $0 | $0 | $16,103 |
| CAPITAL EXPENDITURES | $151,324 | $0 | $0 | $151,324 |
| COMMUNITY OUTREACH | $1,406 | $0 | $0 | $1,406 |
| DUES AND MEMBERSHIPS | $6,339 | $0 | $0 | $6,339 |
| INFORMATION TECHNOLOGY | $34,854 | $0 | $0 | $34,854 |
| MATERIAL PROCESSING | $1,373 | $0 | $0 | $1,373 |
| OPERATING SERVICES | $13,126 | $0 | $0 | $13,126 |
| PROGRAM EXPENSES | $6,228 | $0 | $0 | $6,228 |
| PROJECT EXPENSES | $18,486 | $0 | $0 | $18,486 |
| SUPPLIES | $93,748 | $0 | $0 | $93,748 |
| INSURANCE | $104,318 | $0 | $0 | $104,318 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | LIBRARY & MUSEUM | Desc |
| Revenue And Expenses Per Books | $21,748 | RevenueAndExpensesPerBooksAmt |
| Adjusted Net Income | $21,748 | AdjustedNetIncomeAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | PRIOR PERIOD ADJUSTMENT-CONTRIBUTIONS | Description |
| Amount | $65,228 | Amount |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | OTHER | CategoryTxt |
| Amt | $2,736 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $2,736 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| EXCISE TAX | $12,904 | $0 | $0 | $0 |
| REAL ESTATE TAXES | $22,697 | $0 | $0 | $22,697 |