THE VAN HORN FOUNDATION: Form 990PF, tax year 2011

View the entire original 990 at ProPublica ↗

Organization: THE VAN HORN FOUNDATION (EIN 20-8246406)
Tax period: 2011-01-01 to 2011-12-31
Filed: 2012-05-04
IRS object ID: 201211309349100201
Schema version: 2011v1.2
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
General Explanation Attachment
Investments Corp Bonds Schedule
Investments Corp Stock Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2012-05-04T16:18:49-00:00	Timestamp
Tax Period End Date	2011-12-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	John J McGovern Esq CPA	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	321 Spruce St Suite 201	AddressLine1
City	Scranton	City
State	PA	State
ZIP Code	18503	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnType
Tax Period Begin Date	2011-01-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	208246406	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	THE JOHN & ELIZABETH VAN HORN FAMILY FOUNDATION	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	JOHN	NameControl
Phone	5702538506	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	WAYNE BANK WEALTH MGT/ 717 MAIN ST	AddressLine1
City	HONESDALE	City
State	PA	State
ZIP Code	18431	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	TRUST OFFICER	Name
Title	TRUST OFFICER	Title
Date Signed	2012-05-04	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	John McGovern	Name
Phone	5709618704	Phone
Date Prepared	2012-05-04	DatePrepared
Self Employed	X	SelfEmployed

Field	Value	IRS element (for citing)
Tax Year	2011	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	64111	FMVAssetsEOY
Method Of Accounting Cash	X	MethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Interest On Savings Rev And Expnss	344	InterestOnSavingsRevAndExpnss
Interest On Savings Net Invst Incm	344	InterestOnSavingsNetInvstIncm
Dividends Rev And Expnss	901	DividendsRevAndExpnss
Dividends Net Invst Incm	901	DividendsNetInvstIncm
Capital Gain Net Incm Net Invst Incm	0	CapitalGainNetIncmNetInvstIncm
Total Revenue And Expenses	1245	TotalRevenueAndExpenses
Total Net Investment Income	1245	TotalNetInvestmentIncome
Comp Ofcr Dir Trst Rev And Expnss	590	CompOfcrDirTrstRevAndExpnss
Comp Ofcr Dir Trst Net Invst Incm	295	CompOfcrDirTrstNetInvstIncm
Comp Ofcr Dir Trst Dsbrs Chrtbl Prps	295	CompOfcrDirTrstDsbrsChrtblPrps
Taxes Rev And Expnss	12	TaxesRevAndExpnss
Taxes Net Invst Incm	12	TaxesNetInvstIncm
Tot Opr Expenses Rev And Expnss	602	TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm	307	TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps	295	TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss	4300	ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps	4300	ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss	4902	TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm	307	TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps	4595	TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses	-3657	ExcessOfRevenueOverExpenses
Net Investment Income	938	NetInvestmentIncome

Balance Sheets BalanceSheets

Field	Value	IRS element (for citing)
Cash BOY	5477	CashBOY
Savings And Temp Cash Invst EOY	1820	SavingsAndTempCashInvstEOY
Savings And Temp Cash Invst EOYFMV	1820	SavingsAndTempCashInvstEOYFMV
Investments Corp Stock BOY	35621	InvestmentsCorpStockBOY
Investments Corp Stock EOY	35621	InvestmentsCorpStockEOY
Investments Corp Stock EOYFMV	47224	InvestmentsCorpStockEOYFMV
Investments Corp Bonds BOY	14592	InvestmentsCorpBondsBOY
Investments Corp Bonds EOY	14592	InvestmentsCorpBondsEOY
Investments Corp Bonds EOYFMV	15067	InvestmentsCorpBondsEOYFMV
Total Assets BOY	55690	TotalAssetsBOY
Total Assets EOY	52033	TotalAssetsEOY
Total Assets EOYFMV	64111	TotalAssetsEOYFMV
Total Liabilities EOY	0	TotalLiabilitiesEOY
Org That Do Not Follow SFAS117	X	OrgThatDoNotFollowSFAS117
Capital Stock BOY	55690	CapitalStockBOY
Capital Stock EOY	52033	CapitalStockEOY
Total Net Assets BOY	55690	TotalNetAssetsBOY
Total Net Assets EOY	52033	TotalNetAssetsEOY
Total Liabilities Net Assets BOY	55690	TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY	52033	TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

Field	Value	IRS element (for citing)
Total Net Assets Fund Balances BOY	55690	TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses	-3657	ExcessOfRevenueOverExpenses
Subtotal	52033	Subtotal
Total Net Assets Fund Balances EOY	52033	TotalNetAssetsFundBalancesEOY

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

Field	Value	IRS element (for citing)
Liable For4942 Tax	false	LiableFor4942Tax
Qualifying Distributions Year1	4061	QualifyingDistributionsYear1
Noncharitable Assets Year1	70780	NoncharitableAssetsYear1
Distribution Ratio Year1	000.057375	DistributionRatioYear1
Qualifying Distributions Year2	3692	QualifyingDistributionsYear2
Noncharitable Assets Year2	62478	NoncharitableAssetsYear2
Distribution Ratio Year2	000.059093	DistributionRatioYear2
Qualifying Distributions Year3	4085	QualifyingDistributionsYear3
Noncharitable Assets Year3	68771	NoncharitableAssetsYear3
Distribution Ratio Year3	000.059400	DistributionRatioYear3
Qualifying Distributions Year4	3049	QualifyingDistributionsYear4
Noncharitable Assets Year4	80892	NoncharitableAssetsYear4
Distribution Ratio Year4	000.037692	DistributionRatioYear4
Total Distribution Ratio	000.213560	TotalDistributionRatio
Average Distribution Ratio	000.053390	AverageDistributionRatio
Net Noncharitable Assets	68392	NetNoncharitableAssets
Adjusted Noncharitable Assets	3651	AdjustedNoncharitableAssets
One Percent Net Investment Income	9	OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One	3660	AdjNonchrtblAssetsAndOnePct
Qualifying Distributions	4595	QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

Field	Value	IRS element (for citing)
Domestic Org Meeting Sect4940e	X	DomesticOrgMeetingSect4940e
Investment Income Excise Tax	9	InvestmentIncomeExciseTax
Subtotal	9	Subtotal
Tax Based On Investment Income	9	TaxBasedOnInvestmentIncome
Tax Due	9	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
States Filed With	PA	StatesFiledWith
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	Wayne Bank	BusinessNameLine1

Field	Value	IRS element (for citing)
Books In Care Of Phone Number	5702538506	BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

Field	Value	IRS element (for citing)
Address Line1	717 Main Street	AddressLine1
City	Honesdale	City
State	PA	State
ZIP Code	18431	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 (3 entries)

Address Line1USAddress/AddressLine1	CityUSAddress/City	StateUSAddress/State	ZIP CodeUSAddress/ZIPCode	TitleTitle	Avg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPosition	CompensationCompensation
JOHN VAN HORN
402 MIDDLE CREEK RD	HONESDALE	PA	18431	TRUSTEE	001.00	0
MARY ELLEN LUTHY
PO BOX 5	POINT PLEASANT	NJ	08742	TRUSTEE	001.00	0
WAYNE BANK
717 MAIN STREET	HONESDALE	PA	18431	TRUSTEE	001.00	590

Summary Of Direct Charitable Acty SummaryOfDirectCharitableActy

Field	Value	IRS element (for citing)
Description1	THE FOUNDATION PROVIDES FUNDING FOR CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY OR EDUCATIONAL PURPOSES EITHER DIRECTLY OR BY MAKING CONTRIBUTIONS TO ORGANIZATIONS AUTHORIZED TO CARRY ON SUCH ACTIVITIES	Description1
Expenses1	4300	Expenses1

Minimum Investment Return MinimumInvestmentReturn

Field	Value	IRS element (for citing)
Avg Monthly FMV Of Securities	65785	AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances	3648	AvgMonthlyCashBalances
FMV All Other Noncharitable Assets	0	FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets	69433	TotalFMVOfUnusedAssets
Adj Total FMV Of Unused Assets	69433	AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable	1041	CashDeemedCharitable
Net Noncharitable Assets	68392	NetNoncharitableAssets
Minimum Investment Return	3420	MinimumInvestmentReturn

Distributable DistributableAmount

Field	Value	IRS element (for citing)
Minimum Investment Return	3420	MinimumInvestmentReturn
Tax Based On Investment Income	9	TaxBasedOnInvestmentIncome
Total Tax	9	TotalTax
Distributable Amount Before Adj	3411	DistributableAmountBeforeAdj
Distributable Amount Before Ded	3411	DistributableAmountBeforeDed
Distributable Amount As Adjusted	3411	DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

Field	Value	IRS element (for citing)
Expenses And Contributions	4595	ExpensesAndContributions
Qualifying Distributions	4595	QualifyingDistributions
One Pct Sect4940e Org Net Invst Incm	9	OnePctSect4940eOrgNetInvstIncm
Adj Qualifying Distributions	4586	AdjQualifyingDistributions

Undistributed Income UndistributedIncome

Field	Value	IRS element (for citing)
Distributable Amount As Adjusted	3411	DistributableAmountAsAdjusted
Excess Distri Carryover Year2	3597	ExcessDistriCarryoverYear2
Excess Distri Carryover Year1	546	ExcessDistriCarryoverYear1
Total Excess Distri Carryover	4143	TotalExcessDistriCarryover
Qualifying Distributions	4595	QualifyingDistributions
Applied To Current Year	3411	AppliedToCurrentYear
Remaining Distri From Corpus	1184	RemainingDistriFromCorpus
Total Corpus	5327	TotalCorpus
Undistributed Income CY	0	UndistributedIncomeCY
Excess Distri Cyov To Next Year	5327	ExcessDistriCyovToNextYear
Excess From Year2	3597	ExcessFromYear2
Excess From Year1	546	ExcessFromYear1
Excess From Current Year	1184	ExcessFromCurrentYear

Supplementary Information SupplementaryInformation

Field	Value	IRS element (for citing)
Contributing Manager	NONE	ContributingManager
Shareholder Manager	NONE	ShareholderManager
Only Contributes To Preselected	X	OnlyContributesToPreselected

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (13 entries)

Address Line1RecipientUSAddress/AddressLine1	CityRecipientUSAddress/City	StateRecipientUSAddress/State	ZIP CodeRecipientUSAddress/ZIPCode	Recipient RelationshipRecipientRelationship	Recipient Foundation StatusRecipientFoundationStatus	Purpose Of Grant Or ContributionPurposeOfGrantOrContribution	AmountAmount
COMMON GROUND ON THE HILL
2 COLLEGE HILL	WESTMINSTER	MD	21157	NONE	PUBLIC CHARITY	TO FURTHER MISSION	$100
HONESDALE ROTARY
952 BETHANY TURNPIKE	HONESDALE	PA	18431	NONE	PUBLIC CHARITY	TO FURTHER MISSION	$200
POINT PLEASANT PRESBYTERIAN CHURCH
701 FOREMAN AVE	POINT PLEASANT	NJ	08742	NONE	PUBLIC CHARITY	TO FURTHER MISSION	$1,800
SAINT VINCENT ACADEMY
228 W MARKET STREET	NEWARK	NJ	07103	NONE	PUBLIC CHARITY	TO FURTHER MISSION	$450
SALVATION ARMY
615 SLATERS	ALEXANDRIA	VA	22313	NONE	PUBLIC CHARITY	TO FURTHER MISSION	$200
DORFLINGER-SUYDAM SANCTUARY
PO BOX 356	WHITE MILLS	PA	18473	NONE	PUBLIC CHARITY	TO FURTHER MISSION	$200
WAYNE COUNTY LIBRARY
1406 MAIN STREET	HONESDALE	PA	18431	NONE	PUBLIC CHARITY	TO FURTHER MISSION	$250
OCEAN FIRE CO
400 ARNOLD AVE	POINT PLEASANT BEACH	NJ	08472	NONE	PUBLIC CHARITY	TO FURTHER MISSION	$200
POINT PLEASANT BEACH FIRE COMPANY
614 LAUREL AVE	POINT PLEASANT	NJ	08472	NONE	PUBLIC CHARITY	TO FURTHER MISSION	$100
POINT PLEASANT FIRST AID
614 LAUREL AVE	POINT PLEASANT	NJ	08472	NONE	PUBLIC CHARITY	TO FURTHER MISSION	$100
LAKEWOOD FIRST AID EMERGENCY SQUA
1555 PINE STREET	LAKEWOOD	NJ	08701	NONE	PUBLIC CHARITY	TO FURTHER MISSION	$100
WOMENS CLUB OF POINT PLEASANT
513 SAINT LOUIS AVE	POINT PLEASANT BEACH	NJ	08472	NONE	PUBLIC CHARITY	TO FURTHER MISSION	$500
MCDANIEL COLLEGE
2 COLLEGE HILL	WESTMINSTER	MD	21157	NONE	PUBLIC CHARITY	TO FURTHER MISSION	$100

Field	Value	IRS element (for citing)
Tot Grant Or Contri Paid During Year	4300	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	$344	ExclusionAmount

Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII

Field	Value	IRS element (for citing)
Exclusion Code	14	ExclusionCode
Exclusion	$901	ExclusionAmount

Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry

Field	Value	IRS element (for citing)
Exclusion Code	18	ExclusionCode

Subtotals Part XVIA SubtotalsPartXVIA

Field	Value	IRS element (for citing)
Exclusion	$1,245	ExclusionAmount

Field	Value	IRS element (for citing)
Total Part XVIA	1245	TotalPartXVIA

Rln Of Acty To Accom Of Exempt Prps RlnOfActyToAccomOfExemptPrps

Field	Value	IRS element (for citing)
Line Number	0	LineNumber
Relationship Statement	NA	RelationshipStatement

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

General Explanation Attachment GeneralExplanationAttachment

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corp Bonds InvestmentsCorpBonds

Field	Value	IRS element (for citing)
Name Of Bond	Wayne Bank Account	NameOfBond
EOY Book Value	14592	EOYBookValue
EOYFMV	15067	EOYFMV

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corp Stock InvestmentsCorpStock

Field	Value	IRS element (for citing)
Name Of Stock	Wayne Bank Account	NameOfStock
EOY Book Value	35621	EOYBookValue
EOYFMV	47224	EOYFMV

Taxes Schedule TaxesSchedule

Taxes Taxes

Field	Value	IRS element (for citing)
Category	Tax on investment income	Category
Amount	$12	Amount
Net Investment Income	12	NetInvestmentIncome
Adjusted Net Income	0	AdjustedNetIncome
Disbursements Charitable Prps	0	DisbursementsCharitablePrps