NEXT CHAPTER A DE LISI FAMILY FOUNDATION: Form 990PF, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- NEXT CHAPTER A DE LISI FAMILY FOUNDATION (EIN 27-3420125)
- Tax period
- 2012-01-01 to 2012-12-31
- Filed
- 2013-05-13
- IRS object ID
- 201321339349100337
- Schema version
- 2012v2.2
- 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
- Schedule B
- General Explanation Attachment
- Investments Corp Stock Schedule
- Other Expenses Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-05-13T09:57:59-00:00 | Timestamp |
| Tax Period End Date | 2012-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foundation Source | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | One Hollow Lane Suite 212 | AddressLine1 |
| City | Lake Success | City |
| State | NY | State |
| ZIP Code | 11042 | 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 | 273420125 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Next Chapter A De Lisi Family Foundation | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | NEXT | NameControl |
| Phone | 8008391754 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Foundation Source 501 Silverside Rd | AddressLine1 |
| City | Wilmington | City |
| State | DE | State |
| ZIP Code | 198091377 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Nancy J DeLisi | Name |
| Title | President | Title |
| Date Signed | 2013-05-13 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Jeffrey D Haskell | Name |
| Phone | 8008391754 | Phone |
| Date Prepared | 2013-05-13 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exempt PF | X | ExemptPF |
| FMV Assets EOY | 858368 | FMVAssetsEOY |
| Method Of Accounting Cash | X | MethodOfAccountingCash |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Received Rev And Expnss | 206424 | ContriReceivedRevAndExpnss |
| Interest On Savings Rev And Expnss | 259 | InterestOnSavingsRevAndExpnss |
| Interest On Savings Net Invst Incm | 259 | InterestOnSavingsNetInvstIncm |
| Dividends Rev And Expnss | 6660 | DividendsRevAndExpnss |
| Dividends Net Invst Incm | 6660 | DividendsNetInvstIncm |
| Capital Gain Net Incm Net Invst Incm | 0 | CapitalGainNetIncmNetInvstIncm |
| Total Revenue And Expenses | 213343 | TotalRevenueAndExpenses |
| Total Net Investment Income | 6919 | TotalNetInvestmentIncome |
| Other Prof Fees Rev And Expnss | 80 | OtherProfFeesRevAndExpnss |
| Other Prof Fees Net Invst Incm | 80 | OtherProfFeesNetInvstIncm |
| Taxes Rev And Expnss | 3 | TaxesRevAndExpnss |
| Other Expenses Rev And Expnss | 7413 | OtherExpensesRevAndExpnss |
| Other Expenses Dsbrs Chrtbl Prps | 7413 | OtherExpensesDsbrsChrtblPrps |
| Tot Opr Expenses Rev And Expnss | 7496 | TotOprExpensesRevAndExpnss |
| Tot Opr Expenses Net Invst Incm | 80 | TotOprExpensesNetInvstIncm |
| Tot Opr Expenses Dsbrs Chrtbl Prps | 7413 | TotOprExpensesDsbrsChrtblPrps |
| Contri Gifts Paid Rev And Expnss | 9500 | ContriGiftsPaidRevAndExpnss |
| Contri Gifts Paid Dsbrs Chrtbl Prps | 9500 | ContriGiftsPaidDsbrsChrtblPrps |
| Total Expenses Rev And Expnss | 16996 | TotalExpensesRevAndExpnss |
| Total Expenses Net Invst Incm | 80 | TotalExpensesNetInvstIncm |
| Total Expenses Dsbrs Chrtbl Prps | 16913 | TotalExpensesDsbrsChrtblPrps |
| Excess Of Revenue Over Expenses | 196347 | ExcessOfRevenueOverExpenses |
| Net Investment Income | 6839 | NetInvestmentIncome |
Balance Sheets BalanceSheets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Savings And Temp Cash Invst BOY | 473600 | SavingsAndTempCashInvstBOY |
| Savings And Temp Cash Invst EOY | 463523 | SavingsAndTempCashInvstEOY |
| Savings And Temp Cash Invst EOYFMV | 463523 | SavingsAndTempCashInvstEOYFMV |
| Investments Corp Stock BOY | 170232 | InvestmentsCorpStockBOY |
| Investments Corp Stock EOY | 376656 | InvestmentsCorpStockEOY |
| Investments Corp Stock EOYFMV | 394845 | InvestmentsCorpStockEOYFMV |
| Total Assets BOY | 643832 | TotalAssetsBOY |
| Total Assets EOY | 840179 | TotalAssetsEOY |
| Total Assets EOYFMV | 858368 | TotalAssetsEOYFMV |
| Total Liabilities EOY | 0 | TotalLiabilitiesEOY |
| Org That Do Not Follow SFAS117 | X | OrgThatDoNotFollowSFAS117 |
| Retained Earnings BOY | 643832 | RetainedEarningsBOY |
| Retained Earnings EOY | 840179 | RetainedEarningsEOY |
| Total Net Assets BOY | 643832 | TotalNetAssetsBOY |
| Total Net Assets EOY | 840179 | TotalNetAssetsEOY |
| Total Liabilities Net Assets BOY | 643832 | TotalLiabilitiesNetAssetsBOY |
| Total Liabilities Net Assets EOY | 840179 | TotalLiabilitiesNetAssetsEOY |
Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Net Assets Fund Balances BOY | 643832 | TotalNetAssetsFundBalancesBOY |
| Excess Of Revenue Over Expenses | 196347 | ExcessOfRevenueOverExpenses |
| Subtotal | 840179 | Subtotal |
| Total Net Assets Fund Balances EOY | 840179 | TotalNetAssetsFundBalancesEOY |
Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable For4942 Tax | false | LiableFor4942Tax |
| Qualifying Distributions Year1 | 26752 | QualifyingDistributionsYear1 |
| Noncharitable Assets Year1 | 492883 | NoncharitableAssetsYear1 |
| Distribution Ratio Year1 | 000.054277 | DistributionRatioYear1 |
| Noncharitable Assets Year2 | 61563 | NoncharitableAssetsYear2 |
| Total Distribution Ratio | 000.054277 | TotalDistributionRatio |
| Average Distribution Ratio | 000.027139 | AverageDistributionRatio |
| Net Noncharitable Assets | 668969 | NetNoncharitableAssets |
| Adjusted Noncharitable Assets | 18155 | AdjustedNoncharitableAssets |
| One Percent Net Investment Income | 68 | OnePercentNetInvestmentIncome |
| Adj Nonchrtbl Assets And One | 18223 | AdjNonchrtblAssetsAndOnePct |
| Qualifying Distributions | 16913 | QualifyingDistributions |
Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | 137 | InvestmentIncomeExciseTax |
| Subtotal | 137 | Subtotal |
| Tax Based On Investment Income | 137 | TaxBasedOnInvestmentIncome |
| Tax Due | 137 | TaxDue |
Statements Regarding Activities StatementsRegardingActivities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Activities | false | LegislativePoliticalActivities |
| More Than100 Spent | false | MoreThan100Spent |
| Form1120 POL Filed | false | Form1120POLFiled |
| Activities Not Prev Reported | false | ActivitiesNotPrevReported |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylaws |
| Unrelated Bus Income Over1000 | false | UnrelatedBusIncomeOver1000 |
| Termination Etc | false | TerminationEtc |
| Requirements Of Sect508e | true | RequirementsOfSect508e |
| At Least5000 In Assets | true | AtLeast5000InAssets |
| Form990 PF Filed With AG | true | Form990PFFiledWithAG |
| Private Operating Foundation | false | PrivateOperatingFoundation |
| New Substantial Contributors | false | NewSubstantialContributors |
| Interest In Controlled Entity | false | InterestInControlledEntity |
| Applicable Insurance Contract | false | ApplicableInsuranceContract |
| Comply With Public Inspection Rqr | true | ComplyWithPublicInspectionRqr |
Books In Care Of Business Name BooksInCareOfBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | co Foundation Source | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Books In Care Of Phone Number | 8008391754 | BooksInCareOfPhoneNumber |
Books In Care Of US Address BooksInCareOfUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 501 Silverside Road Suite 123 | AddressLine1 |
| City | Wilmington | City |
| State | DE | State |
| ZIP Code | 198091377 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Bank | false | ForeignBank |
Statements Regarding Acty4720 StatementsRegardingActy4720
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exchange With Dsqfly Person | false | SaleOrExchangeWithDsqflyPerson |
| Borrow Or Lend With Dsqfly Person | false | BorrowOrLendWithDsqflyPerson |
| Furnished Goods With Dsqfly Person | false | FurnishedGoodsWithDsqflyPerson |
| Pay Compensation To Dsqfly Person | false | PayCompensationToDsqflyPerson |
| Transfer Assets To Dsqfly Person | false | TransferAssetsToDsqflyPerson |
| Payment To Government Offical | false | PaymentToGovernmentOffical |
| Uncorrected Prior Acts | false | UncorrectedPriorActs |
| Undistributed Income Prior Years | false | UndistributedIncomePriorYears |
| Business Holdings | false | BusinessHoldings |
| Jeopardy Investments | false | JeopardyInvestments |
| Uncorrected Jeopardy Investments | false | UncorrectedJeopardyInvestments |
| Influence Legislation | false | InfluenceLegislation |
| Influence Election | false | InfluenceElection |
| Grants To Individuals | false | GrantsToIndividuals |
| Grants To Organizations | false | GrantsToOrganizations |
| Noncharitable Purpose | false | NoncharitablePurpose |
| Pay Premiums Prsnl Bnft Contract | false | PayPremiumsPrsnlBnftContract |
| Prohibited Tax Shelter Transactn | false | ProhibitedTaxShelterTransactn |
Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo
Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person Name | Nancy J De Lisi | PersonName |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Foundation Source 501 Silverside Rd | AddressLine1 |
| City | Wilmington | City |
| State | DE | State |
| ZIP Code | 19809 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | Pres / Dir / Sec | Title |
| Avg Hours Per Wk Devoted To Position | 001.00 | AvgHoursPerWkDevotedToPosition |
| Compensation | 0 | Compensation |
Minimum Investment Return MinimumInvestmentReturn
| Field | Value | IRS element (for citing) |
|---|---|---|
| Avg Monthly FMV Of Securities | 207066 | AvgMonthlyFMVOfSecurities |
| Avg Monthly Cash Balances | 472090 | AvgMonthlyCashBalances |
| FMV All Other Noncharitable Assets | 0 | FMVAllOtherNoncharitableAssets |
| Total FMV Of Unused Assets | 679156 | TotalFMVOfUnusedAssets |
| Adj Total FMV Of Unused Assets | 679156 | AdjTotalFMVOfUnusedAssets |
| Cash Deemed Charitable | 10187 | CashDeemedCharitable |
| Net Noncharitable Assets | 668969 | NetNoncharitableAssets |
| Minimum Investment Return | 33448 | MinimumInvestmentReturn |
Distributable DistributableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | 33448 | MinimumInvestmentReturn |
| Tax Based On Investment Income | 137 | TaxBasedOnInvestmentIncome |
| Total Tax | 137 | TotalTax |
| Distributable Amount Before Adj | 33311 | DistributableAmountBeforeAdj |
| Distributable Amount Before Ded | 33311 | DistributableAmountBeforeDed |
| Distributable Amount As Adjusted | 33311 | DistributableAmountAsAdjusted |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | 16913 | ExpensesAndContributions |
| Qualifying Distributions | 16913 | QualifyingDistributions |
| Adj Qualifying Distributions | 16913 | AdjQualifyingDistributions |
Undistributed Income UndistributedIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable Amount As Adjusted | 33311 | DistributableAmountAsAdjusted |
| Excess Distri Carryover Year1 | 1153 | ExcessDistriCarryoverYear1 |
| Total Excess Distri Carryover | 1153 | TotalExcessDistriCarryover |
| Qualifying Distributions | 16913 | QualifyingDistributions |
| Applied To Current Year | 16913 | AppliedToCurrentYear |
| Excess Distri Cyov App CY Corpus | 1153 | ExcessDistriCyovAppCYCorpus |
| Excess Distri Cyov Applied CY | 1153 | ExcessDistriCyovAppliedCY |
| Undistributed Income CY | 15245 | UndistributedIncomeCY |
Supplementary Information SupplementaryInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | Nancy J De Lisi | ContributingManager |
| Only Contributes To Preselected | X | OnlyContributesToPreselected |
Grant Or Contri Paid During Year GrantOrContriPaidDuringYear
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HORSEMENS DISTRESS FUND INC | BusinessNameLine1 |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 236 HENRY SANFORD RD | AddressLine1 |
| City | BRIDGEWATER | City |
| State | CT | State |
| ZIP Code | 06752 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | N/A | RecipientRelationship |
| Recipient Foundation Status | 509a1 | RecipientFoundationStatus |
| Purpose Of Grant Or Contribution | General Unrestricted | PurposeOfGrantOrContribution |
| Amount | $9,500 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Grant Or Contri Paid During Year | 9500 | TotGrantOrContriPaidDuringYear |
Analysis Income Producing Acty AnalysisIncomeProducingActy
Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $259 | ExclusionAmount |
Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $6,660 | ExclusionAmount |
Subtotals Part XVIA SubtotalsPartXVIA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $6,919 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Part XVIA | 6919 | TotalPartXVIA |
Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Noncharitable EO | false | TrnsfrOfCashToNoncharitableEO |
| Trnsfr Oth Assets Noncharitable EO | false | TrnsfrOthAssetsNoncharitableEO |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssets |
| Purchase Assets Noncharitable EO | false | PurchaseAssetsNoncharitableEO |
| Rental Of Facilities Etc | false | RentalOfFacilitiesEtc |
| Reimbursement Arrangements | false | ReimbursementArrangements |
| Loans Or Loan Guarantees | false | LoansOrLoanGuarantees |
| Performance Of Services Etc | false | PerformanceOfServicesEtc |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtc |
| Relationships Noncharitable E Os | false | RelationshipsNoncharitableEOs |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | X | Organization501c3ExemptPF |
| General Rule | X | GeneralRule |
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | 1 | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | De Lisi Nancy J | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 242 3rd Avenue North | AddressLine1 |
| City | Naples | City |
| State | FL | State |
| ZIP Code | 34102 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | 206424 | AggregateContributions |
| Noncash Contribution Type | X | NoncashContributionType |
Noncash Property NoncashProperty (5 entries)
| Contributor Number From Part IContributorNumberFromPartI | Noncash Property DescriptionNoncashPropertyDescription | Fair Market ValueFairMarketValue | Date ReceivedDateReceived |
|---|---|---|---|
| 1 | APPLIED MATERIALS INC. AMAT, 2350 sh. | 26038 | 2012-12-17 |
| 1 | CONSOLIDATED EDISON INC ED, 1000 sh. | 56630 | 2012-12-17 |
| 1 | DU PONT DE NEMOURS DD, 1500 sh. | 66728 | 2012-12-17 |
| 1 | JP MORGAN CHASE CO JPM, 300 sh. | 12948 | 2012-12-17 |
| 1 | VERIZON COMMUNICATIONS VZ, 1000 sh. | 44080 | 2012-12-17 |
General Explanation Attachment GeneralExplanationAttachment
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corp Stock InvestmentsCorpStock (9 entries)
| Name Of StockNameOfStock | EOY Book ValueEOYBookValue | EOYFMVEOYFMV |
|---|---|---|
| 827 shares of ALTRIA GROUP INC | 23603 | 26001 |
| 2350 shares of APPLIED MATERIALS INC. | 26038 | 26884 |
| 1000 shares of CONSOLIDATED EDISON INC | 56630 | 55540 |
| 1500 shares of DU PONT DE NEMOURS | 66727 | 67468 |
| 300 shares of JP MORGAN CHASE CO | 12948 | 13191 |
| 766 shares of KRAFT FOODS GROUP, INC. | 21713 | 34830 |
| 2298 shares of MONDELEZ INTERNATIONAL INC | 62164 | 58491 |
| 827 shares of PHILIP MORRIS INTL | 62753 | 69170 |
| 1000 shares of VERIZON COMMUNICATIONS | 44080 | 43270 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses OtherExpenses (2 entries)
| DescriptionDescription | Revenue And Expenses Per BooksRevenueAndExpensesPerBooks | Disbursements Charitable PrpsDisbursementsCharitablePrps |
|---|---|---|
| Administrative Fees | 7388 | 7388 |
| State or Local Filing Fees | 25 | 25 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees OtherProfessionalFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Investment Management Services | Category |
| Amount | $80 | Amount |
| Net Investment Income | 80 | NetInvestmentIncome |
Taxes Schedule TaxesSchedule
Taxes Taxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Excise Tax for 2011 | Category |
| Amount | $3 | Amount |