HOYT FUND: Form 990PF, tax year 2011

View the entire original 990 at ProPublica ↗

Organization: HOYT FUND (EIN 13-7125482)
Tax period: 2011-01-01 to 2011-12-31
Filed: 2012-05-15
IRS object ID: 201221369349100122
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
Investments Corp Stock Schedule
Other Expenses Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2012-05-15T08:34:28-05:00	Timestamp
Tax Period End Date	2011-12-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Field	Value	IRS element (for citing)
EIN	134038080	EIN

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	GRAF REPETTI & CO LLP	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	1114 AVENUE OF THE AMERICAS	AddressLine1
City	NEW YORK	City
State	NY	State
ZIP Code	10036	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	137125482	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	THE HOYT FUND CO MARSHALL M GREEN	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	HOYT	NameControl
Phone	2127945291	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	115 EAST 69TH STREET	AddressLine1
City	NEW YORK	City
State	NY	State
ZIP Code	10021	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	MARSHALL M GREEN	Name
Title	TRUSTEE	Title
Phone	2127945291	Phone
Date Signed	2012-05-04	DateSigned
Authorize Third Party	1	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	CLAYTON L SMITH	Name
PTIN	P00138351	PTIN
Phone	2123023300	Phone

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	465527	FMVAssetsEOY
Method Of Accounting Cash	X	MethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Not Required To Attach Schedule B	X	NotRequiredToAttachScheduleB
Interest On Savings Rev And Expnss	9	InterestOnSavingsRevAndExpnss
Interest On Savings Net Invst Incm	9	InterestOnSavingsNetInvstIncm
Dividends Rev And Expnss	11772	DividendsRevAndExpnss
Dividends Net Invst Incm	11772	DividendsNetInvstIncm
Net Gain Sale Assets Rev And Expnss	-4702	NetGainSaleAssetsRevAndExpnss
Gross Sales Price	47416	GrossSalesPrice
Capital Gain Net Incm Net Invst Incm	0	CapitalGainNetIncmNetInvstIncm
Total Revenue And Expenses	7079	TotalRevenueAndExpenses
Total Net Investment Income	11781	TotalNetInvestmentIncome
Comp Ofcr Dir Trst Rev And Expnss	0	CompOfcrDirTrstRevAndExpnss
Comp Ofcr Dir Trst Net Invst Incm	0	CompOfcrDirTrstNetInvstIncm
Comp Ofcr Dir Trst Dsbrs Chrtbl Prps	0	CompOfcrDirTrstDsbrsChrtblPrps
Taxes Rev And Expnss	541	TaxesRevAndExpnss
Taxes Net Invst Incm	541	TaxesNetInvstIncm
Taxes Dsbrs Chrtbl Prps	0	TaxesDsbrsChrtblPrps
Other Expenses Rev And Expnss	4269	OtherExpensesRevAndExpnss
Other Expenses Net Invst Incm	4269	OtherExpensesNetInvstIncm
Other Expenses Dsbrs Chrtbl Prps	0	OtherExpensesDsbrsChrtblPrps
Tot Opr Expenses Rev And Expnss	4810	TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm	4810	TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps	0	TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss	45000	ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps	45000	ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss	49810	TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm	4810	TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps	45000	TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses	-42731	ExcessOfRevenueOverExpenses
Net Investment Income	6971	NetInvestmentIncome

Balance Sheets BalanceSheets

Field	Value	IRS element (for citing)
Cash BOY	-165	CashBOY
Savings And Temp Cash Invst BOY	15097	SavingsAndTempCashInvstBOY
Savings And Temp Cash Invst EOY	24072	SavingsAndTempCashInvstEOY
Savings And Temp Cash Invst EOYFMV	24072	SavingsAndTempCashInvstEOYFMV
Investments Corp Stock BOY	559638	InvestmentsCorpStockBOY
Investments Corp Stock EOY	507767	InvestmentsCorpStockEOY
Investments Corp Stock EOYFMV	441455	InvestmentsCorpStockEOYFMV
Total Assets BOY	574570	TotalAssetsBOY
Total Assets EOY	531839	TotalAssetsEOY
Total Assets EOYFMV	465527	TotalAssetsEOYFMV
Total Liabilities BOY	0	TotalLiabilitiesBOY
Total Liabilities EOY	0	TotalLiabilitiesEOY
Org That Do Not Follow SFAS117	X	OrgThatDoNotFollowSFAS117
Capital Stock BOY	0	CapitalStockBOY
Capital Stock EOY	0	CapitalStockEOY
Paid In Or Capital Surplus BOY	0	PaidInOrCapitalSurplusBOY
Paid In Or Capital Surplus EOY	0	PaidInOrCapitalSurplusEOY
Retained Earnings BOY	574570	RetainedEarningsBOY
Retained Earnings EOY	531839	RetainedEarningsEOY
Total Net Assets BOY	574570	TotalNetAssetsBOY
Total Net Assets EOY	531839	TotalNetAssetsEOY
Total Liabilities Net Assets BOY	574570	TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY	531839	TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

Field	Value	IRS element (for citing)
Total Net Assets Fund Balances BOY	574570	TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses	-42731	ExcessOfRevenueOverExpenses
Other Increases	0	OtherIncreases
Subtotal	531839	Subtotal
Other Decreases	0	OtherDecreases
Total Net Assets Fund Balances EOY	531839	TotalNetAssetsFundBalancesEOY

Capital Gains And Losses CapitalGainsAndLosses

Capital Gains And Losses Info CapitalGainsAndLossesInfo (5 entries)

Description Of AssetDescriptionOfAsset	How AcquiredHowAcquired	Date AcquiredDateAcquired	Date SoldDateSold	Gross Sales PriceGrossSalesPrice	Cost Or Other BasisCostOrOtherBasis	Gain Or LossGainOrLoss	Gains Minus Excess Or LossesGainsMinusExcessOrLosses
DREYFUS PREM LT TRM HI YLD-R	P	2005-01-24	2011-06-01	35958	40000	-4042	-4042
DREYFUS PREM LT TRM HI YLD-R	P	2005-07-21	2011-06-01	38	41	-3	-3
DREYFUS PREM LT TRM HI YLD-R	P	2007-05-21	2011-06-01	11101	12000	-899	-899
DREYFUS PREM LT TRM HI YLD-R	P	2005-07-21	2011-06-01	71	77	-6	-6
CAPITAL GAINS DIVIDENDS	P			248		248	248

Field	Value	IRS element (for citing)
Capital Gain Net Income	-4702	CapitalGainNetIncome

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

Field	Value	IRS element (for citing)
Liable For4942 Tax	0	LiableFor4942Tax
Qualifying Distributions Year1	45000	QualifyingDistributionsYear1
Noncharitable Assets Year1	509005	NoncharitableAssetsYear1
Distribution Ratio Year1	0.088408	DistributionRatioYear1
Qualifying Distributions Year2	45000	QualifyingDistributionsYear2
Noncharitable Assets Year2	536875	NoncharitableAssetsYear2
Distribution Ratio Year2	0.083818	DistributionRatioYear2
Qualifying Distributions Year3	45000	QualifyingDistributionsYear3
Noncharitable Assets Year3	577862	NoncharitableAssetsYear3
Distribution Ratio Year3	0.077873	DistributionRatioYear3
Qualifying Distributions Year4	45000	QualifyingDistributionsYear4
Noncharitable Assets Year4	663734	NoncharitableAssetsYear4
Distribution Ratio Year4	0.067798	DistributionRatioYear4
Qualifying Distributions Year5	45000	QualifyingDistributionsYear5
Noncharitable Assets Year5	653653	NoncharitableAssetsYear5
Distribution Ratio Year5	0.068844	DistributionRatioYear5
Total Distribution Ratio	0.386741	TotalDistributionRatio
Average Distribution Ratio	0.077348	AverageDistributionRatio
Net Noncharitable Assets	492003	NetNoncharitableAssets
Adjusted Noncharitable Assets	38055	AdjustedNoncharitableAssets
One Percent Net Investment Income	70	OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One	38125	AdjNonchrtblAssetsAndOnePct
Qualifying Distributions	45000	QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

Field	Value	IRS element (for citing)
Domestic Org Meeting Sect4940e	X	DomesticOrgMeetingSect4940e
Investment Income Excise Tax	70	InvestmentIncomeExciseTax
Tax Under Section511	0	TaxUnderSection511
Subtotal	70	Subtotal
Subtitle A Tax	0	SubtitleATax
Tax Based On Investment Income	70	TaxBasedOnInvestmentIncome
Total Credits And Payments	0	TotalCreditsAndPayments
Tax Due	70	TaxDue

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	NY	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	N/A	WebsiteAddress
Books In Care Of Person Name	WILLIAM A SIMMONS	BooksInCareOfPersonName
Books In Care Of Phone Number	5059841491	BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

Field	Value	IRS element (for citing)
Address Line1	885 EAST ZIA ROAD	AddressLine1
City	SANTA FE	City
State	NM	State
ZIP Code	87505	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 (2 entries)

Address Line1USAddress/AddressLine1	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
MARSHALL M GREEN
115 EAST 69TH STREET	NEW YORK	NY	10021	TRUSTEE	0.00	0	0	0
HENRY H HOYT JR
115 EAST 69TH STREET	NEW YORK	NY	10021	TRUSTEE	0.00	0	0	0

Field	Value	IRS element (for citing)
Comp Of Highest Paid Empl NONE	NONE	CompOfHighestPaidEmplNONE
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

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	480594	AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances	18901	AvgMonthlyCashBalances
FMV All Other Noncharitable Assets	0	FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets	499495	TotalFMVOfUnusedAssets
Reduction Claimed	0	ReductionClaimed
Acquisition Indebtedness	0	AcquisitionIndebtedness
Adj Total FMV Of Unused Assets	499495	AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable	7492	CashDeemedCharitable
Net Noncharitable Assets	492003	NetNoncharitableAssets
Minimum Investment Return	24600	MinimumInvestmentReturn

Distributable DistributableAmount

Field	Value	IRS element (for citing)
Minimum Investment Return	24600	MinimumInvestmentReturn
Tax Based On Investment Income	70	TaxBasedOnInvestmentIncome
Total Tax	70	TotalTax
Distributable Amount Before Adj	24530	DistributableAmountBeforeAdj
Recoveries Qlfy Distributions	0	RecoveriesQlfyDistributions
Distributable Amount Before Ded	24530	DistributableAmountBeforeDed
Deduction Fr Distributable	$0	DeductionFrDistributableAmount
Distributable Amount As Adjusted	24530	DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

Field	Value	IRS element (for citing)
Expenses And Contributions	45000	ExpensesAndContributions
Program Related Investments Total	0	ProgramRelatedInvestmentsTotal
Qualifying Distributions	45000	QualifyingDistributions
One Pct Sect4940e Org Net Invst Incm	70	OnePctSect4940eOrgNetInvstIncm
Adj Qualifying Distributions	44930	AdjQualifyingDistributions

Undistributed Income UndistributedIncome

Field	Value	IRS element (for citing)
Distributable Amount As Adjusted	24530	DistributableAmountAsAdjusted
Undistributed Income Prior Year	0	UndistributedIncomePriorYear
Total For Prior Years	0	TotalForPriorYears
Excess Distri Carryover Year5	13045	ExcessDistriCarryoverYear5
Excess Distri Carryover Year4	12555	ExcessDistriCarryoverYear4
Excess Distri Carryover Year3	16816	ExcessDistriCarryoverYear3
Excess Distri Carryover Year2	18450	ExcessDistriCarryoverYear2
Excess Distri Carryover Year1	19834	ExcessDistriCarryoverYear1
Total Excess Distri Carryover	80700	TotalExcessDistriCarryover
Qualifying Distributions	45000	QualifyingDistributions
Applied To Year1	0	AppliedToYear1
Applied To Prior Years	0	AppliedToPriorYears
Treated As Distri From Corpus	0	TreatedAsDistriFromCorpus
Applied To Current Year	24530	AppliedToCurrentYear
Remaining Distri From Corpus	20470	RemainingDistriFromCorpus
Excess Distri Cyov App CY Corpus	0	ExcessDistriCyovAppCYCorpus
Excess Distri Cyov Applied CY	0	ExcessDistriCyovAppliedCY
Total Corpus	101170	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	13045	ExcessDistriCyovFromYear5
Excess Distri Cyov To Next Year	88125	ExcessDistriCyovToNextYear
Excess From Year4	12555	ExcessFromYear4
Excess From Year3	16816	ExcessFromYear3
Excess From Year2	18450	ExcessFromYear2
Excess From Year1	19834	ExcessFromYear1
Excess From Current Year	20470	ExcessFromCurrentYear

Supplementary Information SupplementaryInformation

Field	Value	IRS element (for citing)
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 Foundation StatusRecipientFoundationStatus	Purpose Of Grant Or ContributionPurposeOfGrantOrContribution	AmountAmount
AMERICAN HOSPITAL OF PARIS FOUNDATION
575 MADISON AVENUE 10TH FLOOR	NEW YORK	NY	10022	PUB CHARITY IRC SEC	UNRESTRICTED SUPPORT	$30,000
CHILDREN'S AID SOCIETY OF NY
105 EAST 22ND STREET	NEW YORK	NY	10010	PUB CHARITY IRC SEC	UNRESTRICTED SUPPORT	$2,000
NARSAD ART WORKS
60 CUTTER MILL ROAD	GREAT NECK	NY	11021	PUB CHARITY IRC SEC	UNRESTRICTED SUPPORT	$8,000
NARSAD RESEARCH
60 CUTTER MILL ROAD	GREAT NECK	NY	11021	PUB CHARITY IRC SEC	UNRESTRICTED SUPPORT	$5,000

Field	Value	IRS element (for citing)
Tot Grant Or Contri Paid During Year	45000	TotGrantOrContriPaidDuringYear
Tot Grant Or Contri Approved Future	0	TotGrantOrContriApprovedFuture

Analysis Income Producing Acty AnalysisIncomeProducingActy

Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst

Field	Value	IRS element (for citing)
Exclusion Code	14	ExclusionCode
Exclusion	$9	ExclusionAmount

Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII

Field	Value	IRS element (for citing)
Exclusion Code	14	ExclusionCode
Exclusion	$11,772	ExclusionAmount

Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry

Field	Value	IRS element (for citing)
Exclusion Code	18	ExclusionCode
Exclusion	-$4,702	ExclusionAmount

Subtotals Part XVIA SubtotalsPartXVIA

Field	Value	IRS element (for citing)
Unrelated Business Income	$0	UnrelatedBusinessIncomeAmount
Exclusion	$7,079	ExclusionAmount
Related Or Exempt Function Income	0	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Total Part XVIA	7079	TotalPartXVIA

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

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corp Stock InvestmentsCorpStock

Field	Value	IRS element (for citing)
Name Of Stock	CORPORATE STOCKS	NameOfStock
EOY Book Value	507767	EOYBookValue
EOYFMV	441455	EOYFMV

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses (5 entries)

DescriptionDescription	Revenue And Expenses Per BooksRevenueAndExpensesPerBooks	Net Investment IncomeNetInvestmentIncome
BONY FEES	457	457
PUBLICATION FEES	125	125
MISCELLANEOUS EXPENSES	-347	-347
ACCOUNTING FEE	4000	4000
INVESTMENT ADVISORY FEES	34	34

Taxes Schedule TaxesSchedule

Taxes Taxes (3 entries)

CategoryCategory	AmountAmount	Net Investment IncomeNetInvestmentIncome
FOREIGN TAX WITHHELD	$157	157
STATE FILING FEES	$100	100
FEDERAL EXCISE TAX	$284	284