GRUNDY FOUNDATION: Form 990PF, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- GRUNDY FOUNDATION (EIN 23-1609243)
- Tax period
- 2012-01-01 to 2012-12-31
- Filed
- 2013-11-07
- IRS object ID
- 201313119349100306
- 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
- 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 Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-11-07T09:07:00-06:00 | Timestamp |
| Tax Period End Date | 2012-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 232896692 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BBD LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| 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 | ReturnType |
| Tax Period Begin Date | 2012-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 231609243 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE GRUNDY FOUNDATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | GRUN | NameControl |
| Phone | 2157885460 | Phone |
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 |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | EUGENE WILLIAMS | Name |
| Title | EXECUTIVE DIRECTOR | Title |
| Phone | 2157885460 | Phone |
| Date Signed | 2013-10-25 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JENNIFER SOLOT CPA | Name |
| PTIN | P00749373 | PTIN |
| Phone | 2155677770 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exempt PF | X | ExemptPF |
| FMV Assets EOY | 56658631 | FMVAssetsEOY |
| Method Of Accounting Cash | X | MethodOfAccountingCash |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Received Rev And Expnss | 133 | ContriReceivedRevAndExpnss |
| Not Required To Attach Schedule B | X | NotRequiredToAttachScheduleB |
| Dividends Rev And Expnss | 930566 | DividendsRevAndExpnss |
| Dividends Net Invst Incm | 930566 | DividendsNetInvstIncm |
| Net Rental Income Or Loss | -41293 | NetRentalIncomeOrLoss |
| Net Gain Sale Assets Rev And Expnss | 1529642 | NetGainSaleAssetsRevAndExpnss |
| Gross Sales Price | 17722569 | GrossSalesPrice |
| Capital Gain Net Incm Net Invst Incm | 1529642 | CapitalGainNetIncmNetInvstIncm |
| Other Income Rev And Expnss | 32113 | OtherIncomeRevAndExpnss |
| Other Income Net Invst Incm | 0 | OtherIncomeNetInvstIncm |
| Other Income Adj Net Incm | 32113 | OtherIncomeAdjNetIncm |
| Total Revenue And Expenses | 2492454 | TotalRevenueAndExpenses |
| Total Net Investment Income | 2460208 | TotalNetInvestmentIncome |
| Total Adjusted Net Income | 32113 | TotalAdjustedNetIncome |
| Comp Ofcr Dir Trst Rev And Expnss | 274665 | CompOfcrDirTrstRevAndExpnss |
| Comp Ofcr Dir Trst Net Invst Incm | 82400 | CompOfcrDirTrstNetInvstIncm |
| Comp Ofcr Dir Trst Adj Net Incm | 0 | CompOfcrDirTrstAdjNetIncm |
| Comp Ofcr Dir Trst Dsbrs Chrtbl Prps | 192265 | CompOfcrDirTrstDsbrsChrtblPrps |
| Oth Empl Slrs Wgs Rev And Expnss | 842462 | OthEmplSlrsWgsRevAndExpnss |
| Oth Empl Slrs Wgs Net Invst Incm | 0 | OthEmplSlrsWgsNetInvstIncm |
| Oth Empl Slrs Wgs Adj Net Incm | 0 | OthEmplSlrsWgsAdjNetIncm |
| Oth Empl Slrs Wgs Dsbrs Chrtbl Prps | 842462 | OthEmplSlrsWgsDsbrsChrtblPrps |
| Pension Empl Bnft Rev And Expnss | 324990 | PensionEmplBnftRevAndExpnss |
| Pension Empl Bnft Net Invst Incm | 0 | PensionEmplBnftNetInvstIncm |
| Pension Empl Bnft Adj Net Incm | 0 | PensionEmplBnftAdjNetIncm |
| Pension Empl Bnft Dsbrs Chrtbl Prps | 324990 | PensionEmplBnftDsbrsChrtblPrps |
| Legal Fees Rev And Expnss | 64880 | LegalFeesRevAndExpnss |
| Legal Fees Net Invst Incm | 0 | LegalFeesNetInvstIncm |
| Legal Fees Adj Net Incm | 0 | LegalFeesAdjNetIncm |
| Legal Fees Dsbrs Chrtbl Prps | 64880 | LegalFeesDsbrsChrtblPrps |
| Accounting Fees Rev And Expnss | 12965 | AccountingFeesRevAndExpnss |
| Accounting Fees Net Invst Incm | 0 | AccountingFeesNetInvstIncm |
| Accounting Fees Adj Net Incm | 0 | AccountingFeesAdjNetIncm |
| Accounting Fees Dsbrs Chrtbl Prps | 12965 | AccountingFeesDsbrsChrtblPrps |
| Other Prof Fees Rev And Expnss | 16051 | OtherProfFeesRevAndExpnss |
| Other Prof Fees Net Invst Incm | 13500 | OtherProfFeesNetInvstIncm |
| Other Prof Fees Adj Net Incm | 0 | OtherProfFeesAdjNetIncm |
| Other Prof Fees Dsbrs Chrtbl Prps | 2551 | OtherProfFeesDsbrsChrtblPrps |
| Taxes Rev And Expnss | 42387 | TaxesRevAndExpnss |
| Taxes Net Invst Incm | 0 | TaxesNetInvstIncm |
| Taxes Adj Net Incm | 0 | TaxesAdjNetIncm |
| Taxes Dsbrs Chrtbl Prps | 19690 | TaxesDsbrsChrtblPrps |
| Occupancy Rev And Expnss | 205531 | OccupancyRevAndExpnss |
| Occupancy Net Invst Incm | 0 | OccupancyNetInvstIncm |
| Occupancy Adj Net Incm | 0 | OccupancyAdjNetIncm |
| Occupancy Dsbrs Chrtbl Prps | 205531 | OccupancyDsbrsChrtblPrps |
| Trav Conf Meeting Rev And Expnss | 17876 | TravConfMeetingRevAndExpnss |
| Trav Conf Meeting Net Invst Incm | 0 | TravConfMeetingNetInvstIncm |
| Trav Conf Meeting Adj Net Incm | 0 | TravConfMeetingAdjNetIncm |
| Trav Conf Meeting Dsbrs Chrtbl Prps | 17876 | TravConfMeetingDsbrsChrtblPrps |
| Other Expenses Rev And Expnss | 503422 | OtherExpensesRevAndExpnss |
| Other Expenses Net Invst Incm | 0 | OtherExpensesNetInvstIncm |
| Other Expenses Adj Net Incm | 0 | OtherExpensesAdjNetIncm |
| Other Expenses Dsbrs Chrtbl Prps | 503422 | OtherExpensesDsbrsChrtblPrps |
| Tot Opr Expenses Rev And Expnss | 2305229 | TotOprExpensesRevAndExpnss |
| Tot Opr Expenses Net Invst Incm | 95900 | TotOprExpensesNetInvstIncm |
| Tot Opr Expenses Adj Net Incm | 0 | TotOprExpensesAdjNetIncm |
| Tot Opr Expenses Dsbrs Chrtbl Prps | 2186632 | TotOprExpensesDsbrsChrtblPrps |
| Contri Gifts Paid Rev And Expnss | 220545 | ContriGiftsPaidRevAndExpnss |
| Contri Gifts Paid Dsbrs Chrtbl Prps | 220545 | ContriGiftsPaidDsbrsChrtblPrps |
| Total Expenses Rev And Expnss | 2525774 | TotalExpensesRevAndExpnss |
| Total Expenses Net Invst Incm | 95900 | TotalExpensesNetInvstIncm |
| Total Expenses Adj Net Incm | 0 | TotalExpensesAdjNetIncm |
| Total Expenses Dsbrs Chrtbl Prps | 2407177 | TotalExpensesDsbrsChrtblPrps |
| Excess Of Revenue Over Expenses | -33320 | ExcessOfRevenueOverExpenses |
| Net Investment Income | 2364308 | NetInvestmentIncome |
| Adjusted Net Income | 32113 | AdjustedNetIncome |
Balance Sheets BalanceSheets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Savings And Temp Cash Invst BOY | 1550753 | SavingsAndTempCashInvstBOY |
| Savings And Temp Cash Invst EOY | 7825213 | SavingsAndTempCashInvstEOY |
| Savings And Temp Cash Invst EOYFMV | 7825213 | SavingsAndTempCashInvstEOYFMV |
| Investments Govt Oblig BOY | 618406 | InvestmentsGovtObligBOY |
| Investments Govt Oblig EOY | 5063153 | InvestmentsGovtObligEOY |
| Investments Govt Oblig EOYFMV | 5419062 | InvestmentsGovtObligEOYFMV |
| Investments Corp Stock BOY | 9391167 | InvestmentsCorpStockBOY |
| Investments Corp Stock EOY | 14169257 | InvestmentsCorpStockEOY |
| Investments Corp Stock EOYFMV | 15940140 | InvestmentsCorpStockEOYFMV |
| Investments Corp Bonds BOY | 8971132 | InvestmentsCorpBondsBOY |
| Investments Corp Bonds EOY | 3467143 | InvestmentsCorpBondsEOY |
| Investments Corp Bonds EOYFMV | 3539386 | InvestmentsCorpBondsEOYFMV |
| Investments Other BOY | 17338641 | InvestmentsOtherBOY |
| Investments Other EOY | 7312013 | InvestmentsOtherEOY |
| Investments Other EOYFMV | 7309864 | InvestmentsOtherEOYFMV |
| Land Building And Equipment Basis | 3770316 | LandBuildingAndEquipmentBasis |
| Land Building And Equipment BOY | 3770316 | LandBuildingAndEquipmentBOY |
| Land Building And Equipment EOY | 3770316 | LandBuildingAndEquipmentEOY |
| Land Building And Equipment EOYFMV | 16624966 | LandBuildingAndEquipmentEOYFMV |
| Total Assets BOY | 41640415 | TotalAssetsBOY |
| Total Assets EOY | 41607095 | TotalAssetsEOY |
| Total Assets EOYFMV | 56658631 | TotalAssetsEOYFMV |
| Total Liabilities BOY | 0 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 0 | TotalLiabilitiesEOY |
| Org That Follow SFAS117 | X | OrgThatFollowSFAS117 |
| Unrestricted BOY | 41640415 | UnrestrictedBOY |
| Unrestricted EOY | 41607095 | UnrestrictedEOY |
| Total Net Assets BOY | 41640415 | TotalNetAssetsBOY |
| Total Net Assets EOY | 41607095 | TotalNetAssetsEOY |
| Total Liabilities Net Assets BOY | 41640415 | TotalLiabilitiesNetAssetsBOY |
| Total Liabilities Net Assets EOY | 41607095 | TotalLiabilitiesNetAssetsEOY |
Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Net Assets Fund Balances BOY | 41640415 | TotalNetAssetsFundBalancesBOY |
| Excess Of Revenue Over Expenses | -33320 | ExcessOfRevenueOverExpenses |
| Other Increases | 0 | OtherIncreases |
| Subtotal | 41607095 | Subtotal |
| Other Decreases | 0 | OtherDecreases |
| Total Net Assets Fund Balances EOY | 41607095 | TotalNetAssetsFundBalancesEOY |
Capital Gains And Losses CapitalGainsAndLosses
Capital Gains And Losses Info CapitalGainsAndLossesInfo (2 entries)
| Description Of AssetDescriptionOfAsset | Gross Sales PriceGrossSalesPrice | Cost Or Other BasisCostOrOtherBasis | Gain Or LossGainOrLoss | Gains Minus Excess Or LossesGainsMinusExcessOrLosses | How AcquiredHowAcquired |
|---|---|---|---|---|---|
| SALES OF PUBLICLY TRADED SECURITIES | 17575817 | 16192927 | 1382890 | 1382890 | |
| CAPITAL GAINS DIVIDENDS | 146752 | 146752 | 146752 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | 1529642 | CapitalGainNetIncome |
Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable For4942 Tax | 0 | LiableFor4942Tax |
| Qualifying Distributions Year1 | 2207655 | QualifyingDistributionsYear1 |
| Noncharitable Assets Year1 | 35547484 | NoncharitableAssetsYear1 |
| Distribution Ratio Year1 | 0.062104 | DistributionRatioYear1 |
| Qualifying Distributions Year2 | 2216299 | QualifyingDistributionsYear2 |
| Noncharitable Assets Year2 | 35531674 | NoncharitableAssetsYear2 |
| Distribution Ratio Year2 | 0.062375 | DistributionRatioYear2 |
| Qualifying Distributions Year3 | 2481838 | QualifyingDistributionsYear3 |
| Noncharitable Assets Year3 | 38120740 | NoncharitableAssetsYear3 |
| Distribution Ratio Year3 | 0.065105 | DistributionRatioYear3 |
| Qualifying Distributions Year4 | 2751947 | QualifyingDistributionsYear4 |
| Noncharitable Assets Year4 | 45849427 | NoncharitableAssetsYear4 |
| Distribution Ratio Year4 | 0.060021 | DistributionRatioYear4 |
| Qualifying Distributions Year5 | 2572920 | QualifyingDistributionsYear5 |
| Noncharitable Assets Year5 | 40577655 | NoncharitableAssetsYear5 |
| Distribution Ratio Year5 | 0.063407 | DistributionRatioYear5 |
| Total Distribution Ratio | 0.313012 | TotalDistributionRatio |
| Average Distribution Ratio | 0.062602 | AverageDistributionRatio |
| Net Noncharitable Assets | 37936134 | NetNoncharitableAssets |
| Adjusted Noncharitable Assets | 2374878 | AdjustedNoncharitableAssets |
| One Percent Net Investment Income | 23643 | OnePercentNetInvestmentIncome |
| Adj Nonchrtbl Assets And One | 2398521 | AdjNonchrtblAssetsAndOnePct |
| Qualifying Distributions | 2407177 | QualifyingDistributions |
Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | X | DomesticOrgMeetingSect4940e |
| Investment Income Excise Tax | 23643 | InvestmentIncomeExciseTax |
| Tax Under Section511 | 0 | TaxUnderSection511 |
| Subtotal | 23643 | Subtotal |
| Subtitle A Tax | 0 | SubtitleATax |
| Tax Based On Investment Income | 23643 | TaxBasedOnInvestmentIncome |
| Est Tax Payments And Overpayment | 34419 | EstTaxPaymentsAndOverpayment |
| Total Credits And Payments | 34419 | TotalCreditsAndPayments |
| Overpayment | 10776 | Overpayment |
| Amount Credited To Next Year | 10776 | AmountCreditedToNextYear |
| Amount To Be Refunded | 0 | AmountToBeRefunded |
Statements Regarding Activities StatementsRegardingActivities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Activities | 0 | LegislativePoliticalActivities |
| More Than100 Spent | 0 | MoreThan100Spent |
| Form1120 POL Filed | 0 | Form1120POLFiled |
| Sect4955 Tax On Organization | 0 | Sect4955TaxOnOrganization |
| Sect4955 Tax On Managers | 0 | Sect4955TaxOnManagers |
| Reimbursement Of Tax | 0 | ReimbursementOfTax |
| Activities Not Prev Reported | 0 | ActivitiesNotPrevReported |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylaws |
| Unrelated Bus Income Over1000 | 0 | UnrelatedBusIncomeOver1000 |
| Termination Etc | 0 | TerminationEtc |
| Requirements Of Sect508e | 1 | RequirementsOfSect508e |
| At Least5000 In Assets | 1 | AtLeast5000InAssets |
| States Filed With | PA | StatesFiledWith |
| Form990 PF Filed With AG | 1 | Form990PFFiledWithAG |
| Private Operating Foundation | 0 | PrivateOperatingFoundation |
| New Substantial Contributors | 0 | NewSubstantialContributors |
| Interest In Controlled Entity | 0 | InterestInControlledEntity |
| Applicable Insurance Contract | 0 | ApplicableInsuranceContract |
| Comply With Public Inspection Rqr | 1 | ComplyWithPublicInspectionRqr |
| Website Address | WWW.GRUNDYFOUNDATION.COM | WebsiteAddress |
| Books In Care Of Person Name | EXECUTIVE DIRECTOR | BooksInCareOfPersonName |
| Books In Care Of Phone Number | 2157885460 | BooksInCareOfPhoneNumber |
Books In Care Of US Address BooksInCareOfUSAddress
| 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 Bank | 0 | ForeignBank |
Statements Regarding Acty4720 StatementsRegardingActy4720
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exchange With Dsqfly Person | 0 | SaleOrExchangeWithDsqflyPerson |
| Borrow Or Lend With Dsqfly Person | 0 | BorrowOrLendWithDsqflyPerson |
| Furnished Goods With Dsqfly Person | 0 | FurnishedGoodsWithDsqflyPerson |
| Pay Compensation To Dsqfly Person | 0 | PayCompensationToDsqflyPerson |
| Transfer Assets To Dsqfly Person | 0 | TransferAssetsToDsqflyPerson |
| Payment To Government Offical | 0 | PaymentToGovernmentOffical |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActs |
| Undistributed Income Prior Years | 0 | UndistributedIncomePriorYears |
| Business Holdings | 0 | BusinessHoldings |
| Jeopardy Investments | 0 | JeopardyInvestments |
| Uncorrected Jeopardy Investments | 0 | UncorrectedJeopardyInvestments |
| Influence Legislation | 0 | InfluenceLegislation |
| Influence Election | 0 | InfluenceElection |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Noncharitable Purpose | 0 | NoncharitablePurpose |
| Rcv Funds To Pay Prsnl Bnft Contract | 0 | RcvFundsToPayPrsnlBnftContract |
| Pay Premiums Prsnl Bnft Contract | 0 | PayPremiumsPrsnlBnftContract |
| Prohibited Tax Shelter Transactn | 0 | ProhibitedTaxShelterTransactn |
Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo
Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (7 entries)
| Address Line1USAddress/AddressLine1 | Address Line2USAddress/AddressLine2 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | TitleTitle | Avg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPosition | CompensationCompensation | Contri To Empl Benefit Plans EtcContriToEmplBenefitPlansEtc | Expense Account Other AllowancesExpenseAccountOtherAllowances |
|---|---|---|---|---|---|---|---|---|---|
| FREDERICK JM LAVALLEY ESQ | |||||||||
| MORGAN LEWIS BOCKIUS 1701 MARKET | STREET | PHILADELPHIA | PA | 19103 | TRUSTEE | 1.00 | 15964 | 0 | 0 |
| THOMAS F PRAISS EA CFP AEP | |||||||||
| PO BOX 348 | COLLINGSWOOD | NJ | 08108 | TRUSTEE | 1.00 | 15964 | 0 | 0 | |
| LEONARD N SNYDER | |||||||||
| PO BOX 577 | BRISTOL | PA | 19007 | TRUSTEE | 1.00 | 15963 | 0 | 0 | |
| BONNIE J O'BOYLE | |||||||||
| 14 GARDEN PATH | DOYLESTOWN | PA | 18901 | TRUSTEE | 1.00 | 15963 | 0 | 0 | |
| PHILA TRUST CO CO DEAN A WALTERS | |||||||||
| 1760 MARKET STREET | PHILADELPHIA | PA | 19603 | TRUSTEE | 1.00 | 58090 | 0 | 0 | |
| WELLS FARGO BANK | |||||||||
| 123 S BROAD STREET | PHILADELPHIA | PA | 19109 | TRUSTEE | 40.00 | 19144 | 0 | 0 | |
| EUGENE WILLIAMS ESQ | |||||||||
| THE GRUNDY FOUNDATION 680 RADCLIFFE | STREET | BRISTOL | PA | 19007 | EXECUTIVE DIRECTOR | 40.00 | 121434 | 12143 | 0 |
Compensation Of Highest Paid Empl CompensationOfHighestPaidEmpl (5 entries)
| NameName | Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | TitleTitle | Average Hours Per WeekAverageHoursPerWeek | CompensationCompensation | Employee BenefitsEmployeeBenefits | Expense AccountExpenseAccount |
|---|---|---|---|---|---|---|---|---|---|
| MARY JANE MANNHERZ | 680 RADCLIFFE STREET | BRISTOL | PA | 19007 | LIBRARY DIRECTOR | 40.00 | 80779 | 8078 | 0 |
| DANA BARBER | 680 RADCLIFFE STREET | BRISTOL | PA | 19007 | ASSOCIATE LIBRARY DI | 40.00 | 66450 | 6645 | 0 |
| STEVEN VITARELLI | 680 RADCLIFFE STREET | BRISTOL | PA | 19007 | TECHNOLOGY DIRECTOR | 40.00 | 59433 | 5943 | 0 |
| SHIRLEY HICKEY | 680 RADCLIFFE STREET | BRISTOL | PA | 19007 | YOUTH SERVICES COORD | 40.00 | 56594 | 5649 | 0 |
| JANE FRAZER | 680 RADCLIFFE STREET | BRISTOL | PA | 19007 | SUPPORT SERVICES & D | 40.00 | 50822 | 5082 | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Number Of Oth Empl Paid Over50k | 0 | TotNumberOfOthEmplPaidOver50k |
| Comp Of Hghst Paid Cntrct NONE | NONE | CompOfHghstPaidCntrctNONE |
| Tot Number Of Cntrct Paid Over50k | 0 | TotNumberOfCntrctPaidOver50k |
Summary Of Direct Charitable Acty SummaryOfDirectCharitableActy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | MAINTENANCE OF LIBRARY AND MUSEUM | Description1 |
| Expenses1 | 1331968 | Expenses1 |
| Description2 | GRANTMAKING | Description2 |
| Expenses2 | 220545 | Expenses2 |
Sum Of Program Related Investments SumOfProgramRelatedInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Minimum Investment Return MinimumInvestmentReturn
| Field | Value | IRS element (for citing) |
|---|---|---|
| Avg Monthly FMV Of Securities | 36637557 | AvgMonthlyFMVOfSecurities |
| Avg Monthly Cash Balances | 3608047 | AvgMonthlyCashBalances |
| FMV All Other Noncharitable Assets | 0 | FMVAllOtherNoncharitableAssets |
| Total FMV Of Unused Assets | 40245604 | TotalFMVOfUnusedAssets |
| Reduction Claimed | 0 | ReductionClaimed |
| Acquisition Indebtedness | 0 | AcquisitionIndebtedness |
| Adj Total FMV Of Unused Assets | 40245604 | AdjTotalFMVOfUnusedAssets |
| Cash Deemed Charitable | 2309470 | CashDeemedCharitable |
| Net Noncharitable Assets | 37936134 | NetNoncharitableAssets |
| Minimum Investment Return | 1896807 | MinimumInvestmentReturn |
Distributable DistributableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | 1896807 | MinimumInvestmentReturn |
| Tax Based On Investment Income | 23643 | TaxBasedOnInvestmentIncome |
| Total Tax | 23643 | TotalTax |
| Distributable Amount Before Adj | 1873164 | DistributableAmountBeforeAdj |
| Recoveries Qlfy Distributions | 0 | RecoveriesQlfyDistributions |
| Distributable Amount Before Ded | 1873164 | DistributableAmountBeforeDed |
| Deduction Fr Distributable | $0 | DeductionFrDistributableAmount |
| Distributable Amount As Adjusted | 1873164 | DistributableAmountAsAdjusted |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | 2407177 | ExpensesAndContributions |
| Program Related Investments Total | 0 | ProgramRelatedInvestmentsTotal |
| Qualifying Distributions | 2407177 | QualifyingDistributions |
| One Pct Sect4940e Org Net Invst Incm | 23643 | OnePctSect4940eOrgNetInvstIncm |
| Adj Qualifying Distributions | 2383534 | AdjQualifyingDistributions |
Undistributed Income UndistributedIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable Amount As Adjusted | 1873164 | DistributableAmountAsAdjusted |
| Undistributed Income Prior Year | 0 | UndistributedIncomePriorYear |
| Total For Prior Years | 0 | TotalForPriorYears |
| Excess Distri Carryover Year5 | 658729 | ExcessDistriCarryoverYear5 |
| Excess Distri Carryover Year4 | 491842 | ExcessDistriCarryoverYear4 |
| Excess Distri Carryover Year3 | 583369 | ExcessDistriCarryoverYear3 |
| Excess Distri Carryover Year2 | 477247 | ExcessDistriCarryoverYear2 |
| Excess Distri Carryover Year1 | 475519 | ExcessDistriCarryoverYear1 |
| Total Excess Distri Carryover | 2686706 | TotalExcessDistriCarryover |
| Qualifying Distributions | 2407177 | QualifyingDistributions |
| Applied To Year1 | 0 | AppliedToYear1 |
| Applied To Prior Years | 0 | AppliedToPriorYears |
| Treated As Distri From Corpus | 0 | TreatedAsDistriFromCorpus |
| Applied To Current Year | 1873164 | AppliedToCurrentYear |
| Remaining Distri From Corpus | 534013 | RemainingDistriFromCorpus |
| Excess Distri Cyov App CY Corpus | 0 | ExcessDistriCyovAppCYCorpus |
| Excess Distri Cyov Applied CY | 0 | ExcessDistriCyovAppliedCY |
| Total Corpus | 3220719 | TotalCorpus |
| Prior Year Undistributed Income | 0 | PriorYearUndistributedIncome |
| Prior Year Deficiency Or Tax | 0 | PriorYearDeficiencyOrTax |
| Taxable Amount1 | 0 | TaxableAmount1 |
| Taxable Amount2 | 0 | TaxableAmount2 |
| Undistributed Income CY | 0 | UndistributedIncomeCY |
| Distri From Corpus170b1 E Or4942g3 | 0 | DistriFromCorpus170b1EOr4942g3 |
| Excess Distri Cyov From Year5 | 658729 | ExcessDistriCyovFromYear5 |
| Excess Distri Cyov To Next Year | 2561990 | ExcessDistriCyovToNextYear |
| Excess From Year4 | 491842 | ExcessFromYear4 |
| Excess From Year3 | 583369 | ExcessFromYear3 |
| Excess From Year2 | 477247 | ExcessFromYear2 |
| Excess From Year1 | 475519 | ExcessFromYear1 |
| Excess From Current Year | 534013 | ExcessFromCurrentYear |
Supplementary Information SupplementaryInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contributes To Preselected | X | OnlyContributesToPreselected |
Appication Submission Info AppicationSubmissionInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Name | EUGENE WILLIAMS ESQ EXECUTIVE DIREC | RecipientName |
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 Number | 2157885460 | RecipientPhoneNumber |
| Recipient Email Address | THE GRUNDY FOUNDATION | RecipientEmailAddress |
| 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. | FormAndInfoAndMaterials |
| Submission Deadlines | NONE | SubmissionDeadlines |
| Restrictions On Awards | GRANT GUIDELINES - CAN BE VIEWED FROM THE FOUNDATION'S WEBSITE AT HTTP://WWW.GRUNDYFOUNDATION.COM/NODE/9 | RestrictionsOnAwards |
Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (16 entries)
| Address Line1RecipientUSAddress/AddressLine1 | CityRecipientUSAddress/City | StateRecipientUSAddress/State | ZIP CodeRecipientUSAddress/ZIPCode | Recipient Foundation StatusRecipientFoundationStatus | Purpose Of Grant Or ContributionPurposeOfGrantOrContribution | AmountAmount |
|---|---|---|---|---|---|---|
| BRISTOL BOROUGH SCHOOL DISTRICT | ||||||
| 1776 FARRAGUT AVENUE | BRISTOL | PA | 19007 | 509(A)(1) | GRADES K-6 SCIENCE KITS & 8TH GRADE TRIP TO U OF PA MUSEUM OF ARCHEOLOGY & ANTHROPOLOGY | $15,000 |
| BRISTOL CULTURAL & HISTORIC FOUNDATION | ||||||
| 321 CEDAR STREET | BRISTOL | PA | 19007 | 509(A)(1) | SUPPORT HISTORIC BRISTOL DAY | $2,000 |
| BRISTOL RIVERSIDE THEATRE CO INC | ||||||
| PO BOX 1250 | BRISTOL | PA | 19007 | 509(A)(1) | 2012 MAIN STAGE SEASON | $100,545 |
| BUCKS COUNTY COMMUNITY COLLEGE FOUNDATION | ||||||
| 275 SWAMP ROAD | NEWTOWN | PA | 18940 | 509(A)(1) | ART GALLERY CONSTRUCTION | $2,000 |
| BUCKS COUNTY RESCUE SQUAD | ||||||
| PO BOX 211 | BRISTOL | PA | 19007 | 509(A)(1) | ANNUAL CAMPAIGN 2012 | $1,000 |
| BUCKS COUNTY SPCA | ||||||
| PO BOX 277 | BRISTOL | PA | 19007 | 509(A)(1) | CAPITAL CAMPAIGN - MULTI YEAR GRANT (PRE-PAYMENT OF 2013 & 2014) | $3,000 |
| CHRISTINE M MCCAFFREY COMMUNITY EMERGENCY FUND THE | ||||||
| 2203 CABOT BOULEVARD WEST | LANGHORNE | PA | 19047 | 509(A)(1) | IN MEMORY OF FRED ALLAN | $1,000 |
| HULMEVILLE GARDEN CLUB | ||||||
| 2 BEAVER STREET | HULMEVILLE | PA | 19047 | 509(A)(1) | LANDSCAPING SCHOLARSHIPS | $2,000 |
| JAMES A MICHENER ART MUSEUM | ||||||
| 138 SOUTH PINE STREET | DOYLESTOWN | PA | 18901 | 509(A)(1) | B. KATSIFF ENDOWMENT | $3,000 |
| LIBERTAE INCORPORATED | ||||||
| 4245 BENSALEM BOULEVARD | BENSALEM | PA | 19020 | 509(A)(1) | BOILER REPLACEMENT | $5,000 |
| NETWORK OF VICTIM ASSISTANCE IN BUCKS COUNTY | ||||||
| 2370 YORK ROAD SUITE B1 | JAMISON | PA | 19020 | 509(A)(1) | NEW HEAT PUMPS | $8,000 |
| PLANNED PARENTHOOD ASSOC OF BUCKS COUNTY | ||||||
| 610 LOUIS DRIVE | WARMINSTER | PA | 18974 | 509(A)(1) | CAPITAL IMPROVEMENT - ELECTRICAL WIRING FOR ELECTRONIC RECORDS | $3,000 |
| FRIENDS OF SILVER LAKE NATURE CENTER | ||||||
| 1306 BATH ROAD | BRISTOL | PA | 19007 | 509(A)(1) | EARTHSHIP PROJECT | $2,000 |
| UNITED WAY OF BUCKS COUNTY | ||||||
| 413 HOOD BOULEVARD | FAIRLESS HILLS | PA | 19030 | 509(A)(1) | ANNUAL CAMPAIGN 2012 | $70,000 |
| WASHINGTON SQUARE WEST CIVIC ASSOCIATION | ||||||
| 214 SOUTH 11TH STREET | PHILADELPHIA | PA | 19107 | 509(A)(1) | STREET CLEANING PROJECT | $1,500 |
| WEST WASHINGTON SQUARE HISTORIC DISTRICT | ||||||
| PO BOX 36811 | PHILADELPHIA | PA | 19107 | 509(A)(1) | TREE PROJECT | $1,500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Grant Or Contri Paid During Year | 220545 | TotGrantOrContriPaidDuringYear |
| Tot Grant Or Contri Approved Future | 0 | TotGrantOrContriApprovedFuture |
Analysis Income Producing Acty AnalysisIncomeProducingActy
Program Service Revenue Part VII ProgramServiceRevenuePartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | LIBRARY & MUSEUM | Description |
| Related Or Exempt Function Income | 22311 | RelatedOrExemptFunctionIncome |
Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $930,566 | ExclusionAmount |
Net Rental Incm Re Debt Fincd Prop NetRentalIncmReDebtFincdProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 16 | ExclusionCode |
| Exclusion | -$41,293 | ExclusionAmount |
Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 18 | ExclusionCode |
| Exclusion | $1,529,642 | ExclusionAmount |
Other Revenue Described OtherRevenueDescribed
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | INSURANCE | Description |
| Exclusion Code | 01 | ExclusionCode |
| Exclusion | $9,802 | ExclusionAmount |
Subtotals Part XVIA SubtotalsPartXVIA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Income | $0 | UnrelatedBusinessIncomeAmount |
| Exclusion | $2,428,717 | ExclusionAmount |
| Related Or Exempt Function Income | 22311 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Part XVIA | 2451028 | TotalPartXVIA |
Rln Of Acty To Accom Of Exempt Prps RlnOfActyToAccomOfExemptPrps
Rln Of Acty To Accom Of Exempt Prps RlnOfActyToAccomOfExemptPrps
| Field | Value | IRS element (for citing) |
|---|---|---|
| Line Number | 1A | LineNumber |
| Relationship Statement | MISCELLANEOUS INCOME FROM THE MARGARET R. GRUNDY MEMORIAL LIBRARY WHICH EXISTS FOR CHARITABLE, SCIENTIFIC, LITERARY, EDUCATIONAL AND PUBLIC WORKS PROJECTS. | RelationshipStatement |
Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Noncharitable EO | 0 | TrnsfrOfCashToNoncharitableEO |
| Trnsfr Oth Assets Noncharitable EO | 0 | TrnsfrOthAssetsNoncharitableEO |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssets |
| Purchase Assets Noncharitable EO | 0 | PurchaseAssetsNoncharitableEO |
| Rental Of Facilities Etc | 0 | RentalOfFacilitiesEtc |
| Reimbursement Arrangements | 0 | ReimbursementArrangements |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuarantees |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtc |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtc |
| Relationships Noncharitable E Os | 0 | RelationshipsNoncharitableEOs |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees AccountingFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING AND AUDITING | Category |
| Amount | $12,965 | Amount |
| Net Investment Income | 0 | NetInvestmentIncome |
| Adjusted Net Income | 0 | AdjustedNetIncome |
| Disbursements Charitable Prps | 12965 | DisbursementsCharitablePrps |
Cash Deemed Charitable Expln Stmt CashDeemedCharitableExplnStmt
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 $2,309,470 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: $40,245,6042. 1.5% OF LINE 1: $603,6843. FACTS AND CIRCUMSTANCES JUSTIFYING THE EXCLUSION OF AN AMOUNT IN EXCESS OF THE AMOUNT IN LINE 2: FOR THE PART THREEE YEARS THA FOUNDATION HAS INCURRED EXPENDITURES FOR CHAITABLE PURPPOSES OF $2,216,299 (2009), $2,481,838 (2010) AND $2,230,274 (2011) FOR AN AVERAGE OF $2,309,470 IN ORDER TO CONDUCT ITS CHARITABLE ACTIVITIES. | Explanation |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corp Bonds InvestmentsCorpBonds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Bond | VARIOUS CORPORATE BONDS (PUBLICLY TRADED) | NameOfBond |
| EOY Book Value | 3467143 | EOYBookValue |
| EOYFMV | 3539386 | EOYFMV |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corp Stock InvestmentsCorpStock
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Stock | VARIOUS CORPORATE STOCK (PUBLICLY TRADED) | NameOfStock |
| EOY Book Value | 14169257 | EOYBookValue |
| EOYFMV | 15940140 | EOYFMV |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Securities EOY Book Value | 5063153 | USGovtSecuritiesEOYBookValue |
| US Govt Securities EOYFMV | 5419062 | USGovtSecuritiesEOYFMV |
| State Local Securities EOY Book Val | 0 | StateLocalSecuritiesEOYBookVal |
| State Local Securities EOYFMV | 0 | StateLocalSecuritiesEOYFMV |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | VARIOUS MUTUAL FUNDS (PUBLICLY TRADED) | CategoryOrItem |
| Listed At Cost Or FMV | FMV | ListedAtCostOrFMV |
| Book Value | 7312013 | BookValue |
| EOYFMV | 7309864 | EOYFMV |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL | Category |
| Amount | $64,880 | Amount |
| Net Investment Income | 0 | NetInvestmentIncome |
| Adjusted Net Income | 0 | AdjustedNetIncome |
| Disbursements Charitable Prps | 64880 | DisbursementsCharitablePrps |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses OtherExpenses (11 entries)
| DescriptionDescription | Revenue And Expenses Per BooksRevenueAndExpensesPerBooks | Net Investment IncomeNetInvestmentIncome | Adjusted Net IncomeAdjustedNetIncome | Disbursements Charitable PrpsDisbursementsCharitablePrps |
|---|---|---|---|---|
| ADMINISTRATIVE | 9046 | 0 | 0 | 9046 |
| CAPITAL EXPENDITURES | 90562 | 0 | 0 | 90562 |
| COMMUNITY OUTREACH | 1688 | 0 | 0 | 1688 |
| DUES AND MEMBERSHIPS | 5961 | 0 | 0 | 5961 |
| INFORMATION TECHNOLOGY | 42141 | 0 | 0 | 42141 |
| MATERIAL PROCESSING | 1279 | 0 | 0 | 1279 |
| OPERATING SERVICES | 13126 | 0 | 0 | 13126 |
| PROGRAM EXPENSES | 6955 | 0 | 0 | 6955 |
| PROJECT EXPENSES | 96058 | 0 | 0 | 96058 |
| SUPPLIES | 134722 | 0 | 0 | 134722 |
| INSURANCE | 101884 | 0 | 0 | 101884 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income OtherIncome (2 entries)
| DescriptionDescription | Revenue And Expenses Per BooksRevenueAndExpensesPerBooks | Adjusted Net IncomeAdjustedNetIncome |
|---|---|---|
| LIBRARY & MUSEUM | 22311 | 22311 |
| INSURANCE | 9802 | 9802 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees OtherProfessionalFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT MANAGEMENT | Category |
| Amount | $16,051 | Amount |
| Net Investment Income | 13500 | NetInvestmentIncome |
| Adjusted Net Income | 0 | AdjustedNetIncome |
| Disbursements Charitable Prps | 2551 | DisbursementsCharitablePrps |
Taxes Schedule TaxesSchedule
Taxes Taxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | EXCISE TAX | Category |
| Amount | $42,387 | Amount |
| Net Investment Income | 0 | NetInvestmentIncome |
| Adjusted Net Income | 0 | AdjustedNetIncome |
| Disbursements Charitable Prps | 19690 | DisbursementsCharitablePrps |