STRATEGY STUDIO / PUBLIC DATA EXPLORER

PARROT CHARITABLE FOUNDATION: Form 990PF, tax year 2012

View the entire original 990 at ProPublica ↗

Organization
PARROT CHARITABLE FOUNDATION (EIN 35-6598565)
Tax period
2012-11-01 to 2013-10-31
Filed
2013-12-23
IRS object ID
201323579349100302
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)
Timestamp2013-12-23T13:21:27-06:00Timestamp
Tax Period End Date2013-10-31TaxPeriodEndDate
Return Type990PFReturnType
Tax Period Begin Date2012-11-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN356598565EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1PARROT CHARITABLE FOUNDATION PNC BANK NABusinessNameLine1
FieldValueIRS element (for citing)
Name ControlPARRNameControl
Phone8006228036Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 609AddressLine1
CityPITTSBURGHCity
StatePAState
ZIP Code152309738ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameTIMOTHY VARNERName
TitleOFFICERTitle
Phone8006228036Phone
Date Signed2013-12-23DateSigned
FieldValueIRS element (for citing)
Tax Year2012TaxYear
Build TS2015-12-30 17:16:21ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Address ChangeXAddressChange
Exempt PFXExemptPF
FMV Assets EOY909534FMVAssetsEOY
Method Of Accounting CashXMethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Not Required To Attach Schedule BXNotRequiredToAttachScheduleB
Dividends Rev And Expnss16633DividendsRevAndExpnss
Dividends Net Invst Incm16633DividendsNetInvstIncm
Net Gain Sale Assets Rev And Expnss31356NetGainSaleAssetsRevAndExpnss
Gross Sales Price159414GrossSalesPrice
Capital Gain Net Incm Net Invst Incm31356CapitalGainNetIncmNetInvstIncm
Total Revenue And Expenses47989TotalRevenueAndExpenses
Total Net Investment Income47989TotalNetInvestmentIncome
Comp Ofcr Dir Trst Rev And Expnss9280CompOfcrDirTrstRevAndExpnss
Comp Ofcr Dir Trst Net Invst Incm4640CompOfcrDirTrstNetInvstIncm
Comp Ofcr Dir Trst Dsbrs Chrtbl Prps4640CompOfcrDirTrstDsbrsChrtblPrps
Taxes Rev And Expnss300TaxesRevAndExpnss
Taxes Net Invst Incm0TaxesNetInvstIncm
Taxes Dsbrs Chrtbl Prps0TaxesDsbrsChrtblPrps
Other Expenses Rev And Expnss1628OtherExpensesRevAndExpnss
Other Expenses Net Invst Incm0OtherExpensesNetInvstIncm
Other Expenses Dsbrs Chrtbl Prps1628OtherExpensesDsbrsChrtblPrps
Tot Opr Expenses Rev And Expnss11208TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm4640TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps6268TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss34000ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps34000ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss45208TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm4640TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps40268TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses2781ExcessOfRevenueOverExpenses
Net Investment Income43349NetInvestmentIncome

Balance Sheets BalanceSheets

FieldValueIRS element (for citing)
Savings And Temp Cash Invst BOY17713SavingsAndTempCashInvstBOY
Savings And Temp Cash Invst EOY28127SavingsAndTempCashInvstEOY
Savings And Temp Cash Invst EOYFMV28127SavingsAndTempCashInvstEOYFMV
Investments Corp Stock BOY426513InvestmentsCorpStockBOY
Investments Corp Stock EOY397139InvestmentsCorpStockEOY
Investments Corp Stock EOYFMV582331InvestmentsCorpStockEOYFMV
Investments Corp Bonds BOY246442InvestmentsCorpBondsBOY
Investments Corp Bonds EOY252735InvestmentsCorpBondsEOY
Investments Corp Bonds EOYFMV257977InvestmentsCorpBondsEOYFMV
Investments Other BOY25210InvestmentsOtherBOY
Investments Other EOY40658InvestmentsOtherEOY
Investments Other EOYFMV41099InvestmentsOtherEOYFMV
Total Assets BOY715878TotalAssetsBOY
Total Assets EOY718659TotalAssetsEOY
Total Assets EOYFMV909534TotalAssetsEOYFMV
Total Liabilities BOY0TotalLiabilitiesBOY
Total Liabilities EOY0TotalLiabilitiesEOY
Org That Do Not Follow SFAS117XOrgThatDoNotFollowSFAS117
Capital Stock BOY715878CapitalStockBOY
Capital Stock EOY718659CapitalStockEOY
Paid In Or Capital Surplus BOY0PaidInOrCapitalSurplusBOY
Paid In Or Capital Surplus EOY0PaidInOrCapitalSurplusEOY
Retained Earnings BOY0RetainedEarningsBOY
Retained Earnings EOY0RetainedEarningsEOY
Total Net Assets BOY715878TotalNetAssetsBOY
Total Net Assets EOY718659TotalNetAssetsEOY
Total Liabilities Net Assets BOY715878TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY718659TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

FieldValueIRS element (for citing)
Total Net Assets Fund Balances BOY715878TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses2781ExcessOfRevenueOverExpenses
Other Increases0OtherIncreases
Subtotal718659Subtotal
Other Decreases0OtherDecreases
Total Net Assets Fund Balances EOY718659TotalNetAssetsFundBalancesEOY

Capital Gains And Losses CapitalGainsAndLosses

Capital Gains And Losses Info CapitalGainsAndLossesInfo (2 entries)

Description Of AssetDescriptionOfAssetHow AcquiredHowAcquiredGross Sales PriceGrossSalesPriceCost Or Other BasisCostOrOtherBasisGain Or LossGainOrLossGains Minus Excess Or LossesGainsMinusExcessOrLosses
SALES OF PUBLICLY TRADED SECURITIESP1581551280583009730097
CAPITAL GAINS DIVIDENDSP125912591259
FieldValueIRS element (for citing)
Capital Gain Net Income31356CapitalGainNetIncome

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

FieldValueIRS element (for citing)
Liable For4942 Tax0LiableFor4942Tax
Qualifying Distributions Year139390QualifyingDistributionsYear1
Noncharitable Assets Year1791824NoncharitableAssetsYear1
Distribution Ratio Year10.049746DistributionRatioYear1
Qualifying Distributions Year236328QualifyingDistributionsYear2
Noncharitable Assets Year2791915NoncharitableAssetsYear2
Distribution Ratio Year20.045874DistributionRatioYear2
Qualifying Distributions Year331543QualifyingDistributionsYear3
Noncharitable Assets Year3731844NoncharitableAssetsYear3
Distribution Ratio Year30.043101DistributionRatioYear3
Qualifying Distributions Year437382QualifyingDistributionsYear4
Noncharitable Assets Year4629155NoncharitableAssetsYear4
Distribution Ratio Year40.059416DistributionRatioYear4
Qualifying Distributions Year540701QualifyingDistributionsYear5
Noncharitable Assets Year5784501NoncharitableAssetsYear5
Distribution Ratio Year50.051881DistributionRatioYear5
Total Distribution Ratio0.250018TotalDistributionRatio
Average Distribution Ratio0.050004AverageDistributionRatio
Net Noncharitable Assets844165NetNoncharitableAssets
Adjusted Noncharitable Assets42212AdjustedNoncharitableAssets
One Percent Net Investment Income433OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One42645AdjNonchrtblAssetsAndOnePct
Qualifying Distributions40268QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

FieldValueIRS element (for citing)
Investment Income Excise Tax867InvestmentIncomeExciseTax
Tax Under Section5110TaxUnderSection511
Subtotal867Subtotal
Subtitle A Tax0SubtitleATax
Tax Based On Investment Income867TaxBasedOnInvestmentIncome
Est Tax Payments And Overpayment372EstTaxPaymentsAndOverpayment
Total Credits And Payments372TotalCreditsAndPayments
Tax Due495TaxDue

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 Sect508e1RequirementsOfSect508e
At Least5000 In Assets1AtLeast5000InAssets
States Filed WithINStatesFiledWith
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.PNC.COMWebsiteAddress

Books In Care Of Business Name BooksInCareOfBusinessName

FieldValueIRS element (for citing)
Business Name Line1PNC BANK NABusinessNameLine1
FieldValueIRS element (for citing)
Books In Care Of Phone Number8006228036BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 609AddressLine1
CityPITTSBURGHCity
StatePAState
ZIP Code152309738ZIPCode
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 Person1PayCompensationToDsqflyPerson
Transfer Assets To Dsqfly Person0TransferAssetsToDsqflyPerson
Payment To Government Offical0PaymentToGovernmentOffical
Acts Fail To Qualify As Exceptions0ActsFailToQualifyAsExceptions
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

FieldValueIRS element (for citing)
Person NamePNC BANK NAPersonName

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 609AddressLine1
CityPITTSBURGHCity
StatePAState
ZIP Code152309738ZIPCode
FieldValueIRS element (for citing)
TitleTRUSTEETitle
Avg Hours Per Wk Devoted To Position2.00AvgHoursPerWkDevotedToPosition
Compensation9280Compensation
Contri To Empl Benefit Plans Etc0ContriToEmplBenefitPlansEtc
Expense Account Other Allowances0ExpenseAccountOtherAllowances
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

Summary Of Direct Charitable Acty SummaryOfDirectCharitableActy

FieldValueIRS element (for citing)
Description1N/ADescription1
Expenses10Expenses1

Sum Of Program Related Investments SumOfProgramRelatedInvestments

FieldValueIRS element (for citing)
Description1N/ADescription1
Amount10Amount1
All Oth Prog Rltd Investments Total0AllOthProgRltdInvestmentsTotal
Total0Total

Minimum Investment Return MinimumInvestmentReturn

FieldValueIRS element (for citing)
Avg Monthly FMV Of Securities857020AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances0AvgMonthlyCashBalances
FMV All Other Noncharitable Assets0FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets857020TotalFMVOfUnusedAssets
Reduction Claimed0ReductionClaimed
Acquisition Indebtedness0AcquisitionIndebtedness
Adj Total FMV Of Unused Assets857020AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable12855CashDeemedCharitable
Net Noncharitable Assets844165NetNoncharitableAssets
Minimum Investment Return42208MinimumInvestmentReturn

Distributable DistributableAmount

FieldValueIRS element (for citing)
Minimum Investment Return42208MinimumInvestmentReturn
Tax Based On Investment Income867TaxBasedOnInvestmentIncome
Total Tax867TotalTax
Distributable Amount Before Adj41341DistributableAmountBeforeAdj
Recoveries Qlfy Distributions0RecoveriesQlfyDistributions
Distributable Amount Before Ded41341DistributableAmountBeforeDed
Deduction Fr Distributable$0DeductionFrDistributableAmount
Distributable Amount As Adjusted41341DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

FieldValueIRS element (for citing)
Expenses And Contributions40268ExpensesAndContributions
Program Related Investments Total0ProgramRelatedInvestmentsTotal
Qualifying Distributions40268QualifyingDistributions
One Pct Sect4940e Org Net Invst Incm0OnePctSect4940eOrgNetInvstIncm
Adj Qualifying Distributions40268AdjQualifyingDistributions

Undistributed Income UndistributedIncome

FieldValueIRS element (for citing)
Distributable Amount As Adjusted41341DistributableAmountAsAdjusted
Undistributed Income Prior Year33612UndistributedIncomePriorYear
Total For Prior Years0TotalForPriorYears
Total Excess Distri Carryover0TotalExcessDistriCarryover
Qualifying Distributions40268QualifyingDistributions
Applied To Year133612AppliedToYear1
Applied To Prior Years0AppliedToPriorYears
Treated As Distri From Corpus0TreatedAsDistriFromCorpus
Applied To Current Year6656AppliedToCurrentYear
Remaining Distri From Corpus0RemainingDistriFromCorpus
Excess Distri Cyov App CY Corpus0ExcessDistriCyovAppCYCorpus
Excess Distri Cyov Applied CY0ExcessDistriCyovAppliedCY
Total Corpus0TotalCorpus
Prior Year Undistributed Income0PriorYearUndistributedIncome
Prior Year Deficiency Or Tax0PriorYearDeficiencyOrTax
Taxable Amount10TaxableAmount1
Taxable Amount20TaxableAmount2
Undistributed Income CY34685UndistributedIncomeCY
Distri From Corpus170b1 E Or4942g30DistriFromCorpus170b1EOr4942g3
Excess Distri Cyov From Year50ExcessDistriCyovFromYear5
Excess Distri Cyov To Next Year0ExcessDistriCyovToNextYear

Supplementary Information SupplementaryInformation

Appication Submission Info AppicationSubmissionInfo

FieldValueIRS element (for citing)
Recipient NamePNC BANK NA ATTN MARGARET STURMRecipientName

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1110 W BERRY ST STE 900AddressLine1
CityFORT WAYNECity
StateINState
ZIP Code26802ZIPCode
FieldValueIRS element (for citing)
Recipient Phone Number2604616218RecipientPhoneNumber
Form And Info And MaterialsAVAILABLE UPON REQUESTFormAndInfoAndMaterials
Submission DeadlinesJANUARY 15 AND JULY 15SubmissionDeadlines
Restrictions On AwardsGEOGRAPHIC AREA OF FORT WAYNE/ALLEN COUNTY, INRestrictionsOnAwards

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (10 entries)

Address Line1RecipientUSAddress/AddressLine1CityRecipientUSAddress/CityStateRecipientUSAddress/StateZIP CodeRecipientUSAddress/ZIPCodeRecipient RelationshipRecipientRelationshipRecipient Foundation StatusRecipientFoundationStatusPurpose Of Grant Or ContributionPurposeOfGrantOrContributionAmountAmount
BOYS & GIRLS CLUB OF FORT WAYNE
2609 FAIRFIELD AVENUEFORT WAYNEIN46807N/APUBLIC CHARITYGENERAL SUPPORT$2,500
CANCER SERVICES OF ALLEN COUNTY
3320 N CLINTONFORT WAYNEIN46825N/APUBLIC CHARITYGENERAL SUPPORT$2,500
CHILDREN'S HOPE INC
7922 WEST JEFFERSON BLVDFORT WAYNEIN46804N/APUBLIC CHARITYGENERAL SUPPORT$5,000
EARLY CHILDHOOD ALLIANCE
3320 FAIRFIELD AVEFORT WAYNEIN46807N/APUBLIC CHARITYGENERAL SUPPORT$3,000
FORT WAYNE ZOOLOGICAL SOCIETY
3411 SHERMAN BLVDFORT WAYNEIN46808N/APUBLIC CHARITYGENERAL SUPPORT$5,000
ERIN'S HOUSE FOR GRIEVING CHILDREN
5670 YMCA PARK DRIVE WESTFORT WAYNEIN46835N/APUBLIC CHARITYGENERAL SUPPORT$2,500
SCAN INC
500 WEST MAIN STREETFORT WAYNEIN46802N/APUBLIC CHARITYGENERAL SUPPORT$3,000
SUPER SHOT INC
1 CANAL PLACEFORT WAYNEIN46802N/APUBLIC CHARITYGENERAL SUPPORT$5,000
TURNSTONE CENTER FOR DISABLED CH
3320 NORTH CLINTON STREETFORT WAYNEIN46805N/APUBLIC CHARITYGENERAL SUPPORT$2,500
WELLSPRING INTERFAITH SOCIAL SVC
1316 BROADWAY AVENUEFORT WAYNEIN46802N/APUBLIC CHARITYGENERAL SUPPORT$3,000
FieldValueIRS element (for citing)
Tot Grant Or Contri Paid During Year34000TotGrantOrContriPaidDuringYear
Tot Grant Or Contri Approved Future0TotGrantOrContriApprovedFuture

Analysis Income Producing Acty AnalysisIncomeProducingActy

Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII

FieldValueIRS element (for citing)
Exclusion Code14ExclusionCode
Exclusion$16,633ExclusionAmount

Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry

FieldValueIRS element (for citing)
Exclusion Code18ExclusionCode
Exclusion$31,356ExclusionAmount

Subtotals Part XVIA SubtotalsPartXVIA

FieldValueIRS element (for citing)
Unrelated Business Income$0UnrelatedBusinessIncomeAmount
Exclusion$47,989ExclusionAmount
Related Or Exempt Function Income0RelatedOrExemptFunctionIncome
FieldValueIRS element (for citing)
Total Part XVIA47989TotalPartXVIA

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

All Oth Prog Rltd Investments Sch AllOthProgRltdInvestmentsSch

All Oth Prog Rltd Investments AllOthProgRltdInvestments

FieldValueIRS element (for citing)
DescriptionN/ADescription
Amount$0Amount

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corp Bonds InvestmentsCorpBonds

FieldValueIRS element (for citing)
Name Of BondEQUITIESNameOfBond
EOY Book Value252735EOYBookValue
EOYFMV257977EOYFMV

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corp Stock InvestmentsCorpStock

FieldValueIRS element (for citing)
Name Of StockFIXED INCOMENameOfStock
EOY Book Value397139EOYBookValue
EOYFMV582331EOYFMV

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOther

FieldValueIRS element (for citing)
Category Or ItemOTHERCategoryOrItem
Listed At Cost Or FMVAT COSTListedAtCostOrFMV
Book Value40658BookValue
EOYFMV41099EOYFMV

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses

FieldValueIRS element (for citing)
DescriptionGRANTMAKING FEESDescription
Revenue And Expenses Per Books1628RevenueAndExpensesPerBooks
Net Investment Income0NetInvestmentIncome
Disbursements Charitable Prps1628DisbursementsCharitablePrps

Taxes Schedule TaxesSchedule

Taxes Taxes

FieldValueIRS element (for citing)
CategoryESTIMATED TAX PAIDCategory
Amount$300Amount
Net Investment Income0NetInvestmentIncome
Disbursements Charitable Prps0DisbursementsCharitablePrps