INTERNATIONAL FOUNDATION INC: Form 990PF, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- INTERNATIONAL FOUNDATION INC (EIN 13-1962255)
- Tax period
- 2013-01-01 to 2013-12-31
- Filed
- 2014-11-17
- IRS object ID
- 201443219349101359
- Schema version
- 2013v3.1
- 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
- Contractor Compensation Expln
- Land Etc 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 | 2014-11-17T08:32:28-08:00 | ReturnTs |
| Tax Period End | 2013-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Cullari Carrico Soojian Burke LLC | BusinessNameLine1 |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1700 Route 23 North Suite 300 | AddressLine1 |
| City | Wayne | City |
| State | NJ | State |
| ZIP Code | 07470 | 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 | 131962255 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The International Foundation | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | INTE | BusinessNameControlTxt |
| Phone | 9734063955 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 55 Lane Road | AddressLine1 |
| City | Fairfield | City |
| State | NJ | State |
| ZIP Code | 07004 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | John D Carrico II CPA | PersonNm |
| Person Title | Asst Sec'y/Trea | PersonTitleTxt |
| Signature | 2014-11-17 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JOHN CARRICO JR | PreparerPersonNm |
| PTIN | P00741048 | PTIN |
| Phone | 9734063955 | PhoneNum |
| Self Employed | Yes (X) | SelfEmployedInd |
| 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 | $26,016,378 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $419,193 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $419,193 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $419,193 | DividendsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $1,338,200 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $6,262,282 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $1,338,200 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $148,916 | NetSTCapitalGainAdjNetIncmAmt |
| Other Income Rev And Expnss | $179,107 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $176,927 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $35,891 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $1,936,500 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,934,320 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $604,000 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $203,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $55,000 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $148,000 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $29,720 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $29,720 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $3,000 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $1,000 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $2,000 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $134,000 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $67,000 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $67,000 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $79,225 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $79,225 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $3,032 | TaxesRevAndExpnssAmt |
| Taxes Dsbrs Chrtbl | $3,032 | TaxesDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $20,767 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $12,656 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $12,656 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $37,043 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $5,221 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $31,822 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $509,787 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $220,102 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $294,230 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $963,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $963,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,472,787 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $220,102 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,257,230 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $463,713 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,714,218 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $604,000 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $73,528 | CashBOYAmt |
| Cash EOY | $55,017 | CashEOYAmt |
| Sav And Temp Cash Invst BOY | $88,765 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $192,378 | SavAndTempCashInvstEOYAmt |
| Prepaid Expenses BOY | $7,171 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $10,816 | PrepaidExpensesEOYAmt |
| Corporate Stock BOY | $10,548,243 | CorporateStockBOYAmt |
| Corporate Stock EOY | $13,389,498 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $13,389,498 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $7,825,331 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $7,748,734 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $7,748,734 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $4,825,788 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $4,878,146 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $4,878,146 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $15,051 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $15,051 | LandBldgEquipAccumDeprecAmt |
| Total Assets BOY | $23,368,826 | TotalAssetsBOYAmt |
| Total Assets EOY | $26,274,589 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $26,016,378 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $68,451 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $75,194 | AccountsPayableEOYAmt |
| Total Liabilities BOY | $68,451 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $75,194 | TotalLiabilitiesEOYAmt |
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
| Unrestricted BOY | $23,300,375 | UnrestrictedBOYAmt |
| Unrestricted EOY | $26,199,395 | UnrestrictedEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $23,300,375 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $26,199,395 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $23,368,826 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $26,274,589 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $23,300,375 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $463,713 | ExcessRevenueOverExpensesAmt |
| Other Increases | $2,435,307 | OtherIncreasesAmt |
| Subtotal | $26,199,395 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $26,199,395 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $1,338,200 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $148,916 | NetShortTermCapitalGainLossAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $1,052,732 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $22,965,062 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.04584 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $1,054,212 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $23,502,120 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.04486 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $1,090,263 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $22,707,901 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.04801 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $1,187,484 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $21,676,926 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.05478 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $1,563,939 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $28,012,962 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.05583 | DistributionYr5Rt |
| Total Distribution | 0.24932 | TotalDistributionRt |
| Average Distribution | 0.04986 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $24,786,767 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $1,235,967 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $17,142 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $1,253,109 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $1,257,230 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | Yes (X) | DomesticOrgMeetingSect4940eInd |
| Investment Income Excise Tax | $17,142 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $17,142 | SubtotalAmt |
| Tax Based On Investment Income | $17,142 | TaxBasedOnInvestmentIncomeAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $238 | EsPenaltyAmt |
| Tax Due | $17,380 | TaxDueAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | false | Form990TFiledInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | DE | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | intlfoundation.org | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Carrico Associates PA | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 9734063955 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 55 Lane Roaada Suite 300 | AddressLine1 |
| City | Fairfield | City |
| State | NJ | State |
| ZIP Code | 07004 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Undistr Incm Sect4942a2 Not App | false | UndistrIncmSect4942a2NotAppInd |
| Business Holdings | false | BusinessHoldingsInd |
| Excess Business Holdings | false | ExcessBusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | false | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | false | MaintainedExpenditureRspnsInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Proceeds Or Net Income | false | ProceedsOrNetIncomeInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (7 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|---|---|---|---|
| Douglas Walker | ||||||
| PO Box 1655 | New Canaan | CT | 06840 | Trustee | 0.00 | $25,000 |
| Dr Edward A Holmes | ||||||
| 4307 TOPSIDE ROAD | KNOXVILLE | TN | 37920 | Grts Chr,Trste | 40.00 | $25,000 |
| Frank H Madden | ||||||
| 54 Linden Court | Spring Lake Heights | NJ | 07762 | Trustee,Pres | 10.00 | $35,000 |
| John D Carrico CPA | ||||||
| 7 Red Oak drive | Hamburg | NJ | 07419 | Trustee,Treasur | 15.00 | $20,000 |
| John D Carrico II CPA | ||||||
| 6 Raynold Road | Mountain Lakes | NJ | 07046 | Asst Sec'y/Trea | 1.00 | $0 |
| Gary Dicovitsky | ||||||
| 3756 Sunset Ridge Road | Altadena | CA | 91001 | Fin Chr/Trustee | 5.00 | $25,000 |
| William M McCormack MD | ||||||
| 77 TIDE RUN | MASHPEE | MA | 02649 | Trustee | 10.00 | $73,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (2 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Carrico Associates PA | |||||
| 271 Route 46 West Bldg G | Fairfield | NJ | 07004 | Acctg,Tax,Admin Serv | $110,000 |
| Goldman Sachs & Co | |||||
| One New York Plaza | New York | NY | 10004 | Investment Mgmt | $79,225 |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | NONE | Description1Txt |
| Expenses1 | $0 | Expenses1Amt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $25,097,949 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $66,281 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $25,164,230 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $25,164,230 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $377,463 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $24,786,767 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,239,338 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,239,338 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $17,142 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $17,142 | TotalTaxAmt |
| Distributable Before Adj | $1,222,196 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $1,222,196 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $1,222,196 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,257,230 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $1,257,230 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $17,142 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $1,240,088 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,222,196 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $933,939 | UndistributedIncomePYAmt |
| Qualifying Distributions | $1,257,230 | QualifyingDistributionsAmt |
| Applied To Year1 | $933,939 | AppliedToYear1Amt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $323,291 | AppliedToCurrentYearAmt |
| Undistributed Income CY | $898,905 | UndistributedIncomeCYAmt |
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 | Dr William McCormack | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1700 Route 23 North Suite 300 | AddressLine1 |
| City | Wayne | City |
| State | NJ | State |
| ZIP Code | 07470 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Info And Materials | See foundation's website @ intlfoundation.org | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | None | SubmissionDeadlinesTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | SCHEDULE ATTACHED | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | VARIOUS | AddressLine1 |
| City | VARIOUS | City |
| State | NJ | State |
| ZIP Code | 07004 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | NONE | RecipientRelationshipTxt |
| Grant Or Contribution Purpose | SEE ATTACHED | GrantOrContributionPurposeTxt |
| Amt | $963,000 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $963,000 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $419,193 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $176,927 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $1,338,200 | RelatedOrExemptFunctionIncmAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Misc Investment Income | Desc |
| Exclusion | 14 | ExclusionCd |
| Exclusion | $2,180 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $598,300 | ExclusionAmt |
| Related Or Exempt Function Incm | $1,338,200 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,936,500 | 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 | 48 | LineNumberTxt |
| Relationship Statement | Income from investments in securities and gains on sales ofsecurities are the sole sources of funding for the foundation'sgrants program. | RelationshipStatementTxt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| Audit | $24,000 | $12,000 | $0 | $12,000 |
| Financial & Administration Services | $110,000 | $55,000 | $0 | $55,000 |
Contractor Compensation Expln ContractorCompensationExpln
Contractor Comp Expln ContractorCompExplnGrp (2 entries)
| Carrico Associates PA |
| Goldman Sachs & Co |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | Machinery and Equipment | CategoryOrItemTxt |
| Cost Or Other Basis | $15,051 | CostOrOtherBasisAmt |
| Accumulated Depreciation | $15,051 | AccumulatedDepreciationAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Legal | CategoryTxt |
| Legal Fees | $3,000 | LegalFeesAmt |
| Net Investment Income | $1,000 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $2,000 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (10 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Insurance | $15,574 | $3,678 | $11,896 |
| Miscellaneous | $579 | $137 | $442 |
| Office Expense - Grants | $643 | $643 | |
| Office Expense - NJ Office | $693 | $346 | $347 |
| Office EXpense - Website | $1,000 | $1,000 | |
| Payroll Service Expense | $1,427 | $337 | $1,090 |
| Postage - NJ Office | $119 | $59 | $60 |
| Software - Grants | $8,855 | $8,855 | |
| Software - NJ Office | $6,824 | $6,824 | |
| Telephone - NJ Office | $1,329 | $664 | $665 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| Misc Investment Income | $2,180 | ||
| Other Investment Income | $176,927 | $176,927 | $35,891 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Unrealized gain on investments | Description |
| Amount | $2,435,307 | Amount |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Investment Advisory Services | CategoryTxt |
| Amt | $79,225 | Amt |
| Net Investment Income | $79,225 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Payroll Tax Expense | CategoryTxt |
| Amt | $3,032 | Amt |
| Disbursements Charitable Prps | $3,032 | DisbursementsCharitablePrpsAmt |