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L SUZIO FAMILY FOUNDATION: Form 990PF, tax year 2012

View the entire original 990 at ProPublica ↗

Organization
L SUZIO FAMILY FOUNDATION (EIN 55-0830781)
Tax period
2012-01-01 to 2012-12-31
Filed
2013-05-14
IRS object ID
201311349349100746
Schema version
2012v2.1
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 ReturnHeader

FieldValueIRS element (for citing)
Timestamp2013-05-14T10:23:01-05:00Timestamp
Tax Period End Date2012-12-31TaxPeriodEndDate

Preparer Firm PreparerFirm

FieldValueIRS element (for citing)
EIN272562250EIN

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1BAILEY MURPHY & SCARANO LLCBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line11224 MAIN STREETAddressLine1
CityBRANFORDCity
StateCTState
ZIP Code06405ZIPCode
FieldValueIRS element (for citing)
Return Type990PFReturnType
Tax Period Begin Date2012-01-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN550830781EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1L SUZIO FAMILY FOUNDATIONBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlLSUZNameControl
Phone2032378421Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line1975 WESTFIELD ROADAddressLine1
CityMERIDENCity
StateCTState
ZIP Code06450ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameLEONARDO H SUZIOName
TitleTRUSTEETitle
Phone2032358421Phone
Date Signed2013-05-09DateSigned
Authorize Third Party1AuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameDAVID Y BAILEY CPAName
PTINP00004707PTIN
Phone2034811120Phone
Date Prepared2013-05-09DatePrepared
FieldValueIRS element (for citing)
Tax Year2012TaxYear
Build TS2016-02-25 16:41:14ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Exempt PFXExemptPF
FMV Assets EOY115022FMVAssetsEOY
Method Of Accounting CashXMethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Received Rev And Expnss63390ContriReceivedRevAndExpnss
Not Required To Attach Schedule BXNotRequiredToAttachScheduleB
Capital Gain Net Incm Net Invst Incm0CapitalGainNetIncmNetInvstIncm
Total Revenue And Expenses63390TotalRevenueAndExpenses
Total Net Investment Income0TotalNetInvestmentIncome
Comp Ofcr Dir Trst Rev And Expnss0CompOfcrDirTrstRevAndExpnss
Comp Ofcr Dir Trst Net Invst Incm0CompOfcrDirTrstNetInvstIncm
Comp Ofcr Dir Trst Dsbrs Chrtbl Prps0CompOfcrDirTrstDsbrsChrtblPrps
Taxes Rev And Expnss50TaxesRevAndExpnss
Taxes Net Invst Incm0TaxesNetInvstIncm
Taxes Dsbrs Chrtbl Prps0TaxesDsbrsChrtblPrps
Other Expenses Rev And Expnss47768OtherExpensesRevAndExpnss
Other Expenses Net Invst Incm0OtherExpensesNetInvstIncm
Other Expenses Dsbrs Chrtbl Prps0OtherExpensesDsbrsChrtblPrps
Tot Opr Expenses Rev And Expnss47818TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm0TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps0TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss12000ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps12000ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss59818TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm0TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps12000TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses3572ExcessOfRevenueOverExpenses
Net Investment Income0NetInvestmentIncome

Balance Sheets BalanceSheets

FieldValueIRS element (for citing)
Cash BOY111450CashBOY
Cash EOY115022CashEOY
Cash EOYFMV115022CashEOYFMV
Total Assets BOY111450TotalAssetsBOY
Total Assets EOY115022TotalAssetsEOY
Total Assets EOYFMV115022TotalAssetsEOYFMV
Total Liabilities BOY0TotalLiabilitiesBOY
Total Liabilities EOY0TotalLiabilitiesEOY
Org That Do Not Follow SFAS117XOrgThatDoNotFollowSFAS117
Capital Stock BOY0CapitalStockBOY
Capital Stock EOY0CapitalStockEOY
Paid In Or Capital Surplus BOY0PaidInOrCapitalSurplusBOY
Paid In Or Capital Surplus EOY0PaidInOrCapitalSurplusEOY
Retained Earnings BOY111450RetainedEarningsBOY
Retained Earnings EOY115022RetainedEarningsEOY
Total Net Assets BOY111450TotalNetAssetsBOY
Total Net Assets EOY115022TotalNetAssetsEOY
Total Liabilities Net Assets BOY111450TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY115022TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

FieldValueIRS element (for citing)
Total Net Assets Fund Balances BOY111450TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses3572ExcessOfRevenueOverExpenses
Other Increases0OtherIncreases
Subtotal115022Subtotal
Other Decreases0OtherDecreases
Total Net Assets Fund Balances EOY115022TotalNetAssetsFundBalancesEOY

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

FieldValueIRS element (for citing)
Liable For4942 Tax0LiableFor4942Tax
Qualifying Distributions Year112000QualifyingDistributionsYear1
Noncharitable Assets Year1106158NoncharitableAssetsYear1
Distribution Ratio Year10.113039DistributionRatioYear1
Qualifying Distributions Year210900QualifyingDistributionsYear2
Noncharitable Assets Year294844NoncharitableAssetsYear2
Distribution Ratio Year20.114926DistributionRatioYear2
Qualifying Distributions Year38600QualifyingDistributionsYear3
Noncharitable Assets Year382172NoncharitableAssetsYear3
Distribution Ratio Year30.104659DistributionRatioYear3
Qualifying Distributions Year47475QualifyingDistributionsYear4
Noncharitable Assets Year479720NoncharitableAssetsYear4
Distribution Ratio Year40.093766DistributionRatioYear4
Qualifying Distributions Year57000QualifyingDistributionsYear5
Noncharitable Assets Year555239NoncharitableAssetsYear5
Distribution Ratio Year50.126722DistributionRatioYear5
Total Distribution Ratio0.553112TotalDistributionRatio
Average Distribution Ratio0.110622AverageDistributionRatio
Net Noncharitable Assets115430NetNoncharitableAssets
Adjusted Noncharitable Assets12769AdjustedNoncharitableAssets
One Percent Net Investment Income0OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One12769AdjNonchrtblAssetsAndOnePct
Qualifying Distributions12000QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

FieldValueIRS element (for citing)
Investment Income Excise Tax0InvestmentIncomeExciseTax
Tax Under Section5110TaxUnderSection511
Subtotal0Subtotal
Subtitle A Tax0SubtitleATax
Tax Based On Investment Income0TaxBasedOnInvestmentIncome
Total Credits And Payments0TotalCreditsAndPayments
Tax Due0TaxDue

Statements Regarding Activities StatementsRegardingActivities

FieldValueIRS element (for citing)
Legislative Political Activities0LegislativePoliticalActivities
More Than100 Spent0MoreThan100Spent
Form1120 POL Filed0Form1120POLFiled
Sect4955 Tax On Organization0Sect4955TaxOnOrganization
Sect4955 Tax On Managers0Sect4955TaxOnManagers
Reimbursement Of Tax0ReimbursementOfTax
Activities Not Prev Reported0ActivitiesNotPrevReported
Changes To Articles Or Bylaws0ChangesToArticlesOrBylaws
Unrelated Bus Income Over10000UnrelatedBusIncomeOver1000
Termination Etc0TerminationEtc
Requirements Of Sect508e0RequirementsOfSect508e
At Least5000 In Assets1AtLeast5000InAssets
States Filed WithCTStatesFiledWith
Form990 PF Filed With AG1Form990PFFiledWithAG
Private Operating Foundation0PrivateOperatingFoundation
New Substantial Contributors0NewSubstantialContributors
Interest In Controlled Entity0InterestInControlledEntity
Applicable Insurance Contract0ApplicableInsuranceContract
Comply With Public Inspection Rqr1ComplyWithPublicInspectionRqr
Website AddressWWW.LSUZIOFAMILYFOUNDATION.ORGWebsiteAddress
Books In Care Of Person NameLEONARDO SUZIOBooksInCareOfPersonName
Books In Care Of Phone Number2032378421BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

FieldValueIRS element (for citing)
Address Line1975 WESTFIELD ROADAddressLine1
CityMERIDENCity
StateCTState
ZIP Code06450ZIPCode
FieldValueIRS element (for citing)
Foreign Bank0ForeignBank

Statements Regarding Acty4720 StatementsRegardingActy4720

FieldValueIRS element (for citing)
Sale Or Exchange With Dsqfly Person0SaleOrExchangeWithDsqflyPerson
Borrow Or Lend With Dsqfly Person0BorrowOrLendWithDsqflyPerson
Furnished Goods With Dsqfly Person0FurnishedGoodsWithDsqflyPerson
Pay Compensation To Dsqfly Person0PayCompensationToDsqflyPerson
Transfer Assets To Dsqfly Person0TransferAssetsToDsqflyPerson
Payment To Government Offical0PaymentToGovernmentOffical
Uncorrected Prior Acts0UncorrectedPriorActs
Undistributed Income Prior Years0UndistributedIncomePriorYears
Business Holdings0BusinessHoldings
Jeopardy Investments0JeopardyInvestments
Uncorrected Jeopardy Investments0UncorrectedJeopardyInvestments
Influence Legislation0InfluenceLegislation
Influence Election0InfluenceElection
Grants To Individuals0GrantsToIndividuals
Grants To Organizations0GrantsToOrganizations
Noncharitable Purpose0NoncharitablePurpose
Rcv Funds To Pay Prsnl Bnft Contract0RcvFundsToPayPrsnlBnftContract
Pay Premiums Prsnl Bnft Contract0PayPremiumsPrsnlBnftContract
Prohibited Tax Shelter Transactn0ProhibitedTaxShelterTransactn

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (7 entries)

Address Line1USAddress/AddressLine1CityUSAddress/CityStateUSAddress/StateZIP CodeUSAddress/ZIPCodeTitleTitleAvg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPositionCompensationCompensationContri To Empl Benefit Plans EtcContriToEmplBenefitPlansEtcExpense Account Other AllowancesExpenseAccountOtherAllowances
LORENZO F SUZIO
1224 NORTH COLONY ROADMERIDENCT06451TRUSTEE0.00000
HENRIETTA R SUZIO
187 BROWNSTONE RIDGEMERIDENCT06451TRUSTEE0.00000
LEONARDO H SUZIO
192 FRONT STREETNEW HAVENCT06513TRUSTEE0.00000
HENRY E SUZIO
1 BROWNSTONE RIDGEMERIDENCT06451TRUSTEE0.00000
CHERYL A SUZIO
176 PADDOCK AVENUEMERIDENCT06450TRUSTEE0.00000
SCOTT P SUZIO
192 FINCH AVENUEMERIDENCT06451TRUSTEE0.00000
LINDA S MUNSON
196 BROWNSTONE RIDGEMERIDENCT06451TRUSTEE0.00000
FieldValueIRS element (for citing)
Comp Of Highest Paid Empl NONENONECompOfHighestPaidEmplNONE
Tot Number Of Oth Empl Paid Over50k0TotNumberOfOthEmplPaidOver50k
Comp Of Hghst Paid Cntrct NONENONECompOfHghstPaidCntrctNONE
Tot Number Of Cntrct Paid Over50k0TotNumberOfCntrctPaidOver50k

Sum Of Program Related Investments SumOfProgramRelatedInvestments

FieldValueIRS element (for citing)
Total0Total

Minimum Investment Return MinimumInvestmentReturn

FieldValueIRS element (for citing)
Avg Monthly FMV Of Securities0AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances117188AvgMonthlyCashBalances
FMV All Other Noncharitable Assets0FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets117188TotalFMVOfUnusedAssets
Reduction Claimed0ReductionClaimed
Acquisition Indebtedness0AcquisitionIndebtedness
Adj Total FMV Of Unused Assets117188AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable1758CashDeemedCharitable
Net Noncharitable Assets115430NetNoncharitableAssets
Minimum Investment Return5772MinimumInvestmentReturn

Distributable DistributableAmount

FieldValueIRS element (for citing)
Minimum Investment Return5772MinimumInvestmentReturn
Total Tax0TotalTax
Distributable Amount Before Adj5772DistributableAmountBeforeAdj
Recoveries Qlfy Distributions0RecoveriesQlfyDistributions
Distributable Amount Before Ded5772DistributableAmountBeforeDed
Deduction Fr Distributable$0DeductionFrDistributableAmount
Distributable Amount As Adjusted5772DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

FieldValueIRS element (for citing)
Expenses And Contributions12000ExpensesAndContributions
Program Related Investments Total0ProgramRelatedInvestmentsTotal
Qualifying Distributions12000QualifyingDistributions
One Pct Sect4940e Org Net Invst Incm0OnePctSect4940eOrgNetInvstIncm
Adj Qualifying Distributions12000AdjQualifyingDistributions

Undistributed Income UndistributedIncome

FieldValueIRS element (for citing)
Distributable Amount As Adjusted5772DistributableAmountAsAdjusted
Undistributed Income Prior Year0UndistributedIncomePriorYear
Total For Prior Years0TotalForPriorYears
Excess Distri Carryover Year54238ExcessDistriCarryoverYear5
Excess Distri Carryover Year43489ExcessDistriCarryoverYear4
Excess Distri Carryover Year34491ExcessDistriCarryoverYear3
Excess Distri Carryover Year26158ExcessDistriCarryoverYear2
Excess Distri Carryover Year16692ExcessDistriCarryoverYear1
Total Excess Distri Carryover25068TotalExcessDistriCarryover
Qualifying Distributions12000QualifyingDistributions
Applied To Year10AppliedToYear1
Applied To Prior Years0AppliedToPriorYears
Treated As Distri From Corpus0TreatedAsDistriFromCorpus
Applied To Current Year5772AppliedToCurrentYear
Remaining Distri From Corpus6228RemainingDistriFromCorpus
Excess Distri Cyov App CY Corpus0ExcessDistriCyovAppCYCorpus
Excess Distri Cyov Applied CY0ExcessDistriCyovAppliedCY
Total Corpus31296TotalCorpus
Prior Year Undistributed Income0PriorYearUndistributedIncome
Prior Year Deficiency Or Tax0PriorYearDeficiencyOrTax
Taxable Amount10TaxableAmount1
Taxable Amount20TaxableAmount2
Undistributed Income CY0UndistributedIncomeCY
Distri From Corpus170b1 E Or4942g30DistriFromCorpus170b1EOr4942g3
Excess Distri Cyov From Year54238ExcessDistriCyovFromYear5
Excess Distri Cyov To Next Year27058ExcessDistriCyovToNextYear
Excess From Year43489ExcessFromYear4
Excess From Year34491ExcessFromYear3
Excess From Year26158ExcessFromYear2
Excess From Year16692ExcessFromYear1
Excess From Current Year6228ExcessFromCurrentYear

Supplementary Information SupplementaryInformation

FieldValueIRS element (for citing)
Only Contributes To PreselectedXOnlyContributesToPreselected

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (6 entries)

Address Line1RecipientUSAddress/AddressLine1CityRecipientUSAddress/CityStateRecipientUSAddress/StateZIP CodeRecipientUSAddress/ZIPCodeRecipient RelationshipRecipientRelationshipPurpose Of Grant Or ContributionPurposeOfGrantOrContributionAmountAmount
MERCY HIGH
1740 RANDOLPH RDMIDDLETOWNCT06457NONESCHOLARSHIP TO PROVIDE EDUCATIONAL OPPORTUNITIES$1,000
ST PAUL'S CATHOLIC HIGH SCHOOL
1001 STAFFORD AVENUEBRISTOLCT06010NONETO CONTINUE SERVICES & PROGRAMS$3,000
WESTERN NEW ENGLAND COLLEGE
1215 WILBRAHAM RDSPRINGFIELDMA01119NONESCHOLARSHIP TO PROVIDE EDUCATIONAL OPPORTUNITIES$2,000
WORCHESTER POLYTECHNIC INSTITUTE
100 INSTITUTE RDWORCHESTERMA01609NONESCHOLARSHIP TO PROVIDE EDUCATIONAL OPPORTUNITIES$2,000
BENTLEY UNIVERSITY
175 FOREST STREETWALTHAMMA02452NONESCHOLARSHIP TO PROVIDE EDUCATIONAL OPPORTUNITIES$2,000
GIANNA SABINO
95 PAYNE DRIVECHESHIRECT06410NONESCHOLARSHIP TO PROVIDE EDUCATIONAL OPPORTUNITIES$2,000
FieldValueIRS element (for citing)
Tot Grant Or Contri Paid During Year12000TotGrantOrContriPaidDuringYear
Tot Grant Or Contri Approved Future0TotGrantOrContriApprovedFuture

Analysis Income Producing Acty AnalysisIncomeProducingActy

Subtotals Part XVIA SubtotalsPartXVIA

FieldValueIRS element (for citing)
Unrelated Business Income$0UnrelatedBusinessIncomeAmount
Exclusion$0ExclusionAmount
Related Or Exempt Function Income0RelatedOrExemptFunctionIncome
FieldValueIRS element (for citing)
Total Part XVIA0TotalPartXVIA

Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO

FieldValueIRS element (for citing)
Trnsfr Of Cash To Noncharitable EO0TrnsfrOfCashToNoncharitableEO
Trnsfr Oth Assets Noncharitable EO0TrnsfrOthAssetsNoncharitableEO
Sales Or Exchanges Of Assets0SalesOrExchangesOfAssets
Purchase Assets Noncharitable EO0PurchaseAssetsNoncharitableEO
Rental Of Facilities Etc0RentalOfFacilitiesEtc
Reimbursement Arrangements0ReimbursementArrangements
Loans Or Loan Guarantees0LoansOrLoanGuarantees
Performance Of Services Etc0PerformanceOfServicesEtc
Sharing Of Facilities Etc0SharingOfFacilitiesEtc
Relationships Noncharitable E Os0RelationshipsNoncharitableEOs

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses (4 entries)

DescriptionDescriptionRevenue And Expenses Per BooksRevenueAndExpensesPerBooksNet Investment IncomeNetInvestmentIncomeDisbursements Charitable PrpsDisbursementsCharitablePrps
GOLF TOURNAMENT EXPENSES4753000
BANK CHARGES2200
WEBSITE FEE12000
MISCELLANEOUS9600

Taxes Schedule TaxesSchedule

Taxes Taxes

FieldValueIRS element (for citing)
CategoryCONNECTICUT FILING FEECategory
Amount$50Amount
Net Investment Income0NetInvestmentIncome
Disbursements Charitable Prps0DisbursementsCharitablePrps