ROBERT J AND JENNIFER J BANKS CHARITABLE TR: Form 990PF, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- ROBERT J AND JENNIFER J BANKS CHARITABLE TR (EIN 20-6296856)
- Tax period
- 2012-01-01 to 2012-12-31
- Filed
- 2013-07-03
- IRS object ID
- 201331849349100013
- 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
- Gain Loss Sale Other Assets Sch
- General Explanation Attachment
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-07-03T03:41:47-00:00 | 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 | 206296856 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Robert J and Jennifer J Banks Charitable Trust | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | ROBE | NameControl |
| Phone | 7272988930 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 516 Lakeview Road - Villa III | AddressLine1 |
| City | Clearwater | City |
| State | FL | State |
| ZIP Code | 33756 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Robert J Banks | Name |
| Title | Trustee | Title |
| Date Signed | 2013-07-03 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Jeffrey D Haskell | Name |
| Phone | 8008391754 | Phone |
| Date Prepared | 2013-07-03 | DatePrepared |
| 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 | 3691751 | FMVAssetsEOY |
| Method Of Accounting Cash | X | MethodOfAccountingCash |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Received Rev And Expnss | 399291 | ContriReceivedRevAndExpnss |
| Dividends Rev And Expnss | 35679 | DividendsRevAndExpnss |
| Dividends Net Invst Incm | 35679 | DividendsNetInvstIncm |
| Net Gain Sale Assets Rev And Expnss | 666638 | NetGainSaleAssetsRevAndExpnss |
| Gross Sales Price | 1091115 | GrossSalesPrice |
| Capital Gain Net Incm Net Invst Incm | 848406 | CapitalGainNetIncmNetInvstIncm |
| Other Income Rev And Expnss | 393234 | OtherIncomeRevAndExpnss |
| Other Income Net Invst Incm | 18579 | OtherIncomeNetInvstIncm |
| Total Revenue And Expenses | 1494842 | TotalRevenueAndExpenses |
| Total Net Investment Income | 902664 | TotalNetInvestmentIncome |
| Other Prof Fees Rev And Expnss | 31728 | OtherProfFeesRevAndExpnss |
| Other Prof Fees Net Invst Incm | 31728 | OtherProfFeesNetInvstIncm |
| Taxes Rev And Expnss | 2790 | TaxesRevAndExpnss |
| Taxes Net Invst Incm | 90 | TaxesNetInvstIncm |
| Trav Conf Meeting Rev And Expnss | 85 | TravConfMeetingRevAndExpnss |
| Trav Conf Meeting Dsbrs Chrtbl Prps | 85 | TravConfMeetingDsbrsChrtblPrps |
| Other Expenses Rev And Expnss | 138942 | OtherExpensesRevAndExpnss |
| Other Expenses Net Invst Incm | 36165 | OtherExpensesNetInvstIncm |
| Other Expenses Dsbrs Chrtbl Prps | 16352 | OtherExpensesDsbrsChrtblPrps |
| Tot Opr Expenses Rev And Expnss | 173545 | TotOprExpensesRevAndExpnss |
| Tot Opr Expenses Net Invst Incm | 67983 | TotOprExpensesNetInvstIncm |
| Tot Opr Expenses Dsbrs Chrtbl Prps | 16437 | TotOprExpensesDsbrsChrtblPrps |
| Contri Gifts Paid Rev And Expnss | 23000 | ContriGiftsPaidRevAndExpnss |
| Contri Gifts Paid Dsbrs Chrtbl Prps | 23000 | ContriGiftsPaidDsbrsChrtblPrps |
| Total Expenses Rev And Expnss | 196545 | TotalExpensesRevAndExpnss |
| Total Expenses Net Invst Incm | 67983 | TotalExpensesNetInvstIncm |
| Total Expenses Dsbrs Chrtbl Prps | 39437 | TotalExpensesDsbrsChrtblPrps |
| Excess Of Revenue Over Expenses | 1298297 | ExcessOfRevenueOverExpenses |
| Net Investment Income | 834681 | NetInvestmentIncome |
Balance Sheets BalanceSheets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Savings And Temp Cash Invst BOY | 253655 | SavingsAndTempCashInvstBOY |
| Savings And Temp Cash Invst EOY | 463027 | SavingsAndTempCashInvstEOY |
| Savings And Temp Cash Invst EOYFMV | 463027 | SavingsAndTempCashInvstEOYFMV |
| Investments Corp Stock BOY | 2275179 | InvestmentsCorpStockBOY |
| Investments Corp Stock EOY | 2463215 | InvestmentsCorpStockEOY |
| Investments Corp Stock EOYFMV | 3094164 | InvestmentsCorpStockEOYFMV |
| Investments Other BOY | 427467 | InvestmentsOtherBOY |
| Investments Other EOY | 1328356 | InvestmentsOtherEOY |
| Investments Other EOYFMV | 134560 | InvestmentsOtherEOYFMV |
| Total Assets BOY | 2956301 | TotalAssetsBOY |
| Total Assets EOY | 4254598 | TotalAssetsEOY |
| Total Assets EOYFMV | 3691751 | TotalAssetsEOYFMV |
| Total Liabilities EOY | 0 | TotalLiabilitiesEOY |
| Org That Do Not Follow SFAS117 | X | OrgThatDoNotFollowSFAS117 |
| Retained Earnings BOY | 2956301 | RetainedEarningsBOY |
| Retained Earnings EOY | 4254598 | RetainedEarningsEOY |
| Total Net Assets BOY | 2956301 | TotalNetAssetsBOY |
| Total Net Assets EOY | 4254598 | TotalNetAssetsEOY |
| Total Liabilities Net Assets BOY | 2956301 | TotalLiabilitiesNetAssetsBOY |
| Total Liabilities Net Assets EOY | 4254598 | TotalLiabilitiesNetAssetsEOY |
Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Net Assets Fund Balances BOY | 2956301 | TotalNetAssetsFundBalancesBOY |
| Excess Of Revenue Over Expenses | 1298297 | ExcessOfRevenueOverExpenses |
| Subtotal | 4254598 | Subtotal |
| Total Net Assets Fund Balances EOY | 4254598 | 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 |
|---|---|---|---|---|
| Publicly-traded Securities | 1091115 | 926024 | 346859 | 346859 |
| Passthrough K1 Capital Gain | 501547 | 501547 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | 848406 | CapitalGainNetIncome |
Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable For4942 Tax | false | LiableFor4942Tax |
| Qualifying Distributions Year1 | 207764 | QualifyingDistributionsYear1 |
| Noncharitable Assets Year1 | 2397060 | NoncharitableAssetsYear1 |
| Distribution Ratio Year1 | 000.086675 | DistributionRatioYear1 |
| Qualifying Distributions Year2 | 78607 | QualifyingDistributionsYear2 |
| Noncharitable Assets Year2 | 2012529 | NoncharitableAssetsYear2 |
| Distribution Ratio Year2 | 000.039059 | DistributionRatioYear2 |
| Qualifying Distributions Year3 | 111417 | QualifyingDistributionsYear3 |
| Noncharitable Assets Year3 | 1591202 | NoncharitableAssetsYear3 |
| Distribution Ratio Year3 | 000.070021 | DistributionRatioYear3 |
| Qualifying Distributions Year4 | 112036 | QualifyingDistributionsYear4 |
| Noncharitable Assets Year4 | 2224238 | NoncharitableAssetsYear4 |
| Distribution Ratio Year4 | 000.050371 | DistributionRatioYear4 |
| Qualifying Distributions Year5 | 41926 | QualifyingDistributionsYear5 |
| Noncharitable Assets Year5 | 2379599 | NoncharitableAssetsYear5 |
| Distribution Ratio Year5 | 000.017619 | DistributionRatioYear5 |
| Total Distribution Ratio | 000.263745 | TotalDistributionRatio |
| Average Distribution Ratio | 000.052749 | AverageDistributionRatio |
| Net Noncharitable Assets | 2959618 | NetNoncharitableAssets |
| Adjusted Noncharitable Assets | 156117 | AdjustedNoncharitableAssets |
| One Percent Net Investment Income | 8347 | OnePercentNetInvestmentIncome |
| Adj Nonchrtbl Assets And One | 164464 | AdjNonchrtblAssetsAndOnePct |
| Qualifying Distributions | 39437 | QualifyingDistributions |
Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | 16694 | InvestmentIncomeExciseTax |
| Subtotal | 16694 | Subtotal |
| Tax Based On Investment Income | 16694 | TaxBasedOnInvestmentIncome |
| Est Tax Payments And Overpayment | 3942 | EstTaxPaymentsAndOverpayment |
| Tax Paid With Extension | 12752 | TaxPaidWithExtension |
| Total Credits And Payments | 16694 | TotalCreditsAndPayments |
| Tax Paid Original Return | 16694 | TaxPaidOriginalReturn |
| Form2220 Attached | X | Form2220Attached |
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 | true | PayCompensationToDsqflyPerson |
| Transfer Assets To Dsqfly Person | false | TransferAssetsToDsqflyPerson |
| Payment To Government Offical | false | PaymentToGovernmentOffical |
| Acts Fail To Qualify As Exceptions | false | ActsFailToQualifyAsExceptions |
| 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 (3 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | TitleTitle | Avg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPosition | CompensationCompensation |
|---|---|---|---|---|---|---|
| Jennifer J Banks | ||||||
| 516 Lakeview Road - Villa III | Clearwater | FL | 33756 | Trustee | 001.00 | 0 |
| Robert J Banks | ||||||
| 516 Lakeview Road - Villa III | Clearwater | FL | 33756 | Trustee | 001.00 | 0 |
| Kimberly Banks Ritter | ||||||
| 516 Lakeview Road - Villa III | Clearwater | FL | 33756 | Trustee | 001.00 | 0 |
Minimum Investment Return MinimumInvestmentReturn
| Field | Value | IRS element (for citing) |
|---|---|---|
| Avg Monthly FMV Of Securities | 2580275 | AvgMonthlyFMVOfSecurities |
| Avg Monthly Cash Balances | 424413 | AvgMonthlyCashBalances |
| FMV All Other Noncharitable Assets | 0 | FMVAllOtherNoncharitableAssets |
| Total FMV Of Unused Assets | 3004688 | TotalFMVOfUnusedAssets |
| Adj Total FMV Of Unused Assets | 3004688 | AdjTotalFMVOfUnusedAssets |
| Cash Deemed Charitable | 45070 | CashDeemedCharitable |
| Net Noncharitable Assets | 2959618 | NetNoncharitableAssets |
| Minimum Investment Return | 147981 | MinimumInvestmentReturn |
Distributable DistributableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | 147981 | MinimumInvestmentReturn |
| Tax Based On Investment Income | 16694 | TaxBasedOnInvestmentIncome |
| Total Tax | 16694 | TotalTax |
| Distributable Amount Before Adj | 131287 | DistributableAmountBeforeAdj |
| Distributable Amount Before Ded | 131287 | DistributableAmountBeforeDed |
| Distributable Amount As Adjusted | 131287 | DistributableAmountAsAdjusted |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | 39437 | ExpensesAndContributions |
| Qualifying Distributions | 39437 | QualifyingDistributions |
| Adj Qualifying Distributions | 39437 | AdjQualifyingDistributions |
Undistributed Income UndistributedIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable Amount As Adjusted | 131287 | DistributableAmountAsAdjusted |
| Undistributed Income Prior Year | 2010 | UndistributedIncomePriorYear |
| Qualifying Distributions | 39437 | QualifyingDistributions |
| Applied To Year1 | 2010 | AppliedToYear1 |
| Applied To Current Year | 37427 | AppliedToCurrentYear |
| Undistributed Income CY | 93860 | UndistributedIncomeCY |
Supplementary Information SupplementaryInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | Jennifer J Banks | ContributingManager |
| Contributing Manager | Robert J Banks | ContributingManager |
| Only Contributes To Preselected | X | OnlyContributesToPreselected |
Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (4 entries)
| Address Line1RecipientUSAddress/AddressLine1 | CityRecipientUSAddress/City | StateRecipientUSAddress/State | ZIP CodeRecipientUSAddress/ZIPCode | Recipient RelationshipRecipientRelationship | Recipient Foundation StatusRecipientFoundationStatus | Purpose Of Grant Or ContributionPurposeOfGrantOrContribution | AmountAmount |
|---|---|---|---|---|---|---|---|
| BRIDGEVILLE AREA HISTORICAL SOCIETY | |||||||
| PO BOX 652 | BRIDGEVILLE | PA | 15017 | N/A | 509a2 | General Unrestricted | $7,000 |
| COPPERHEAD CHARITIES INC | |||||||
| 36750 US HWY 19 N | PALM HARBOR | FL | 34684 | N/A | 509a2 | General Unrestricted | $5,000 |
| PENNSYLVANIA STATE UNIVERSITY | |||||||
| 1 OLD MAIN | UNIVERSITY PARK | PA | 16802 | N/A | 509a1 | Institute for Real Estate Studies in the Smeal College of Business | $10,000 |
| QUANTUM LEAP FARM INC | |||||||
| 10401 WOODSTOCK RD | ODESSA | FL | 33556 | N/A | 509a1 | General Unrestricted | $1,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Grant Or Contri Paid During Year | 23000 | TotGrantOrContriPaidDuringYear |
Analysis Income Producing Acty AnalysisIncomeProducingActy
Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $35,679 | ExclusionAmount |
Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 18 | ExclusionCode |
| Exclusion | $666,638 | ExclusionAmount |
Other Revenue Described OtherRevenueDescribed
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | K-1 Inc/Loss | Description |
| Business Code | 525990 | BusinessCode |
| Unrelated Business Income | $83 | UnrelatedBusinessIncomeAmount |
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $393,151 | ExclusionAmount |
Subtotals Part XVIA SubtotalsPartXVIA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Income | $83 | UnrelatedBusinessIncomeAmount |
| Exclusion | $1,095,468 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Part XVIA | 1095551 | 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 | Banks Robert J | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 516 Lakeview Road | AddressLine1 |
| City | Clearwater | City |
| State | FL | State |
| ZIP Code | 33756 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | 399291 | AggregateContributions |
| Noncash Contribution Type | X | NoncashContributionType |
Noncash Property NoncashProperty (2 entries)
| Contributor Number From Part IContributorNumberFromPartI | Noncash Property DescriptionNoncashPropertyDescription | Fair Market ValueFairMarketValue | Date ReceivedDateReceived |
|---|---|---|---|
| 1 | EBAY INC. EBAY, 3800 sh. | 190418 | 2012-12-28 |
| 1 | MASTERCARD INC MA, 430 sh. | 208873 | 2012-12-28 |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAsset (2 entries)
| NameName | Gross Sales PriceGrossSalesPrice | BasisBasis | Total NetTotalNet |
|---|---|---|---|
| Publicly-traded Securities | 1091115 | 926024 | 165091 |
| Passthrough K1 Capital Gain | 501547 |
General Explanation Attachment GeneralExplanationAttachment
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corp Stock InvestmentsCorpStock (28 entries)
| Name Of StockNameOfStock | EOY Book ValueEOYBookValue | EOYFMVEOYFMV |
|---|---|---|
| 65 shares of ALTISOURCE ASSET MANAGEMENT CORPORATION | 5639 | 5330 |
| 650 shares of ALTISOURCE PORTFOLIO SOLUTIONS S.A | 32614 | 56323 |
| 216 shares of ALTISOURCE RESIDENTIAL CORPORATION CLASS B | 3777 | 3421 |
| 3900 shares of AMER INTERNATIONAL GROUP INC | 119967 | 137670 |
| 120 shares of APPLE INC. | 64890 | 63861 |
| 3200 shares of BANK NEW YORK MELLON CORP COM | 75911 | 82240 |
| 1500 shares of BARRICK GOLD CORP COM | 66410 | 52515 |
| 2200 shares of BERKSHIRE HATHAWAY INC. CLASS B | 170170 | 197340 |
| 8100 shares of CHEMTURA CORPORATION | 122427 | 172206 |
| 4900 shares of CISCO SYSTEMS INC | 99171 | 96280 |
| 4000 shares of CITIGROUP INC | 116494 | 158240 |
| 5591 shares of CLEARWIRE CORP CL A | 28609 | 16158 |
| 2900 shares of CORNING INC | 46504 | 36598 |
| 1782 shares of DIRECTV GROUP | 76270 | 89385 |
| 2800 shares of DISH NETWORK CORP | 26033 | 101920 |
| 1083 shares of DOMTAR LTD | 58658 | 90452 |
| 5700 shares of EBAY INC. | 227053 | 290700 |
| 900 shares of GOLDMAN SACHS GROUP | 101466 | 114804 |
| 240 shares of GOOGLE INC CL A | 131580 | 169771 |
| 2200 shares of HEALTH NET INC | 48732 | 53460 |
| 3800 shares of JP MORGAN CHASE CO | 141629 | 167082 |
| 660 shares of MASTERCARD INC | 259722 | 324246 |
| 7900 shares of METROPCS COMM INC | 85037 | 78526 |
| 8200 shares of NEWS CORP CL A | 135767 | 209182 |
| 1533 shares of TIME WARNER INC. | 48947 | 73323 |
| 2300 shares of TRW AUTOMOTIVE HOLDINGS CORP | 110450 | 123303 |
| 2350 shares of US BANCORP DEL | 33465 | 75059 |
| 1100 shares of WALT DISNEY HOLDINGS CO. | 25823 | 54769 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | MUNICIPAL MORTGAGE EQUITY LLC | CategoryOrItem |
| Book Value | 1328356 | BookValue |
| EOYFMV | 134560 | EOYFMV |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses OtherExpenses (3 entries)
| DescriptionDescription | Revenue And Expenses Per BooksRevenueAndExpensesPerBooks | Disbursements Charitable PrpsDisbursementsCharitablePrps | Net Investment IncomeNetInvestmentIncome |
|---|---|---|---|
| Administrative Fees | 16352 | 16352 | |
| Bank Charges | 2 | 2 | |
| K-1 Exp MUNICIPAL MORTGAGE EQUITY LLC | 122588 | 36163 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income OtherIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | K-1 Inc/Loss MUNICIPAL MORTGAGE EQUITY LLC | Description |
| Revenue And Expenses Per Books | 393234 | RevenueAndExpensesPerBooks |
| Net Investment Income | 18579 | NetInvestmentIncome |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees OtherProfessionalFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Investment Management Services | Category |
| Amount | $31,728 | Amount |
| Net Investment Income | 31728 | NetInvestmentIncome |
Taxes Schedule TaxesSchedule
Taxes Taxes (2 entries)
| CategoryCategory | AmountAmount | Net Investment IncomeNetInvestmentIncome |
|---|---|---|
| Estimated Tax for 2012 | $2,700 | |
| Foreign Tax Paid | $90 | 90 |