DULUDE FAMILY FOUNDATION INC: Form 990PF, tax year 2011

View the entire original 990 at ProPublica ↗

Organization: DULUDE FAMILY FOUNDATION INC (EIN 16-1521663)
Tax period: 2011-01-01 to 2011-12-31
Filed: 2012-04-27
IRS object ID: 201231189349100013
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
Schedule B
Depreciation Schedule
Investments Other Schedule2
Land Etc Schedule2
Other Decreases Schedule
Other Expenses Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2012-04-27T12:47:18-04:00	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	Sayles & Evans	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	One West Church Street	AddressLine1
City	Elmira	City
State	NY	State
ZIP Code	14901	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	161521663	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	The Dulude Family Foundation Inc	BusinessNameLine1

Field	Value	IRS element (for citing)
In Care Of Name	% RICHARD DULUDE	InCareOfName
Name Control	DULU	NameControl

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO Box 537	AddressLine1
City	Georges Mills	City
State	NH	State
ZIP Code	037510537	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	Richard Dulude	Name
Title	President	Title
Date Signed	2012-05-10	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Phone	6077342271	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)
Address Change	X	AddressChange
Exempt PF	X	ExemptPF
FMV Assets EOY	229930	FMVAssetsEOY
Method Of Accounting Cash	X	MethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Contri Received Rev And Expnss	10000	ContriReceivedRevAndExpnss
Dividends Rev And Expnss	5695	DividendsRevAndExpnss
Dividends Net Invst Incm	5695	DividendsNetInvstIncm
Net Gain Sale Assets Rev And Expnss	264	NetGainSaleAssetsRevAndExpnss
Gross Sales Price	264	GrossSalesPrice
Capital Gain Net Incm Net Invst Incm	264	CapitalGainNetIncmNetInvstIncm
Total Revenue And Expenses	15959	TotalRevenueAndExpenses
Total Net Investment Income	5959	TotalNetInvestmentIncome
Taxes Rev And Expnss	116	TaxesRevAndExpnss
Other Expenses Rev And Expnss	50	OtherExpensesRevAndExpnss
Tot Opr Expenses Rev And Expnss	166	TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm	0	TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps	0	TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss	8000	ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps	8000	ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss	8166	TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm	0	TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps	8000	TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses	7793	ExcessOfRevenueOverExpenses
Net Investment Income	5959	NetInvestmentIncome

Balance Sheets BalanceSheets

Field	Value	IRS element (for citing)
Cash BOY	6487	CashBOY
Cash EOY	8321	CashEOY
Investments Other BOY	220460	InvestmentsOtherBOY
Investments Other EOY	226418	InvestmentsOtherEOY
Investments Other EOYFMV	229930	InvestmentsOtherEOYFMV
Total Assets BOY	226947	TotalAssetsBOY
Total Assets EOY	234739	TotalAssetsEOY
Total Assets EOYFMV	229930	TotalAssetsEOYFMV
Total Liabilities EOY	0	TotalLiabilitiesEOY
Org That Follow SFAS117	X	OrgThatFollowSFAS117
Unrestricted BOY	226947	UnrestrictedBOY
Unrestricted EOY	234739	UnrestrictedEOY
Total Net Assets BOY	226947	TotalNetAssetsBOY
Total Net Assets EOY	234739	TotalNetAssetsEOY
Total Liabilities Net Assets BOY	226947	TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY	234739	TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

Field	Value	IRS element (for citing)
Total Net Assets Fund Balances BOY	226947	TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses	7793	ExcessOfRevenueOverExpenses
Subtotal	234740	Subtotal
Other Decreases	1	OtherDecreases
Total Net Assets Fund Balances EOY	234739	TotalNetAssetsFundBalancesEOY

Capital Gains And Losses CapitalGainsAndLosses

Capital Gains And Losses Info CapitalGainsAndLossesInfo

Field	Value	IRS element (for citing)
Description Of Asset	CAPITAL GAIN DIVIDENDS	DescriptionOfAsset
How Acquired	P	HowAcquired
Gain Or Loss	264	GainOrLoss

Field	Value	IRS element (for citing)
Capital Gain Net Income	264	CapitalGainNetIncome

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

Field	Value	IRS element (for citing)
Liable For4942 Tax	false	LiableFor4942Tax
Qualifying Distributions Year1	13500	QualifyingDistributionsYear1
Noncharitable Assets Year1	213655	NoncharitableAssetsYear1
Distribution Ratio Year1	0.063186	DistributionRatioYear1
Qualifying Distributions Year2	10500	QualifyingDistributionsYear2
Noncharitable Assets Year2	194552	NoncharitableAssetsYear2
Distribution Ratio Year2	0.05397	DistributionRatioYear2
Qualifying Distributions Year3	15434	QualifyingDistributionsYear3
Noncharitable Assets Year3	219364	NoncharitableAssetsYear3
Distribution Ratio Year3	0.070358	DistributionRatioYear3
Qualifying Distributions Year4	14750	QualifyingDistributionsYear4
Noncharitable Assets Year4	253969	NoncharitableAssetsYear4
Distribution Ratio Year4	0.058078	DistributionRatioYear4
Qualifying Distributions Year5	13500	QualifyingDistributionsYear5
Noncharitable Assets Year5	252019	NoncharitableAssetsYear5
Distribution Ratio Year5	0.053567	DistributionRatioYear5
Total Distribution Ratio	0.299159	TotalDistributionRatio
Average Distribution Ratio	0.059832	AverageDistributionRatio
Net Noncharitable Assets	232361	NetNoncharitableAssets
Adjusted Noncharitable Assets	13903	AdjustedNoncharitableAssets
One Percent Net Investment Income	60	OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One	13963	AdjNonchrtblAssetsAndOnePct
Qualifying Distributions	8000	QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

Field	Value	IRS element (for citing)
Investment Income Excise Tax	119	InvestmentIncomeExciseTax
Subtotal	119	Subtotal
Tax Based On Investment Income	119	TaxBasedOnInvestmentIncome
Est Tax Payments And Overpayment	0	EstTaxPaymentsAndOverpayment
Total Credits And Payments	0	TotalCreditsAndPayments
Tax Due	119	TaxDue
Amount Credited To Next Year	0	AmountCreditedToNextYear

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	NY	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	RICHARD DULUDE	BusinessNameLine1

Books In Care Of US Address BooksInCareOfUSAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 537	AddressLine1
City	Georges Mills	City
State	NH	State
ZIP Code	03751	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
Undistr Income4942a2 Not Applied	false	UndistrIncome4942a2NotApplied
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
Prohibited Tax Shelter Transactn	false	ProhibitedTaxShelterTransactn
Proceeds Or Net Income	false	ProceedsOrNetIncome

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (5 entries)

Address Line1USAddress/AddressLine1	CityUSAddress/City	StateUSAddress/State	ZIP CodeUSAddress/ZIPCode	TitleTitle	Avg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPosition	CompensationCompensation
Richard Dulude
Box 537	Georges Mills	NH	03751	Director/President	0.5	0
Jean Dulude
box 537	Georges Mills	NH	03751	director	0.25	0
Jonathan M Dulude
4245 137th Avenue NE	Bellevue	WA	98005	Director/Secretary	0.25	0
Lezli A Dulude
4245 137th Avenue NE	Bellevue	WA	98005	Director	0.25	0
Joel L Dulude
76 Prospect Hill Road	Georges Mills	NH	03751	Director/Vice President	0.25	0

Field	Value	IRS element (for citing)
Summary Of Direct Charitable Acty		SummaryOfDirectCharitableActy
Sum Of Program Related Investments		SumOfProgramRelatedInvestments

Minimum Investment Return MinimumInvestmentReturn

Field	Value	IRS element (for citing)
Avg Monthly FMV Of Securities	226566	AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances	9334	AvgMonthlyCashBalances
FMV All Other Noncharitable Assets	0	FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets	235900	TotalFMVOfUnusedAssets
Acquisition Indebtedness	0	AcquisitionIndebtedness
Adj Total FMV Of Unused Assets	235900	AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable	3539	CashDeemedCharitable
Net Noncharitable Assets	232361	NetNoncharitableAssets
Minimum Investment Return	11618	MinimumInvestmentReturn

Distributable DistributableAmount

Field	Value	IRS element (for citing)
Minimum Investment Return	11618	MinimumInvestmentReturn
Tax Based On Investment Income	119	TaxBasedOnInvestmentIncome
Total Tax	119	TotalTax
Distributable Amount Before Adj	11499	DistributableAmountBeforeAdj
Distributable Amount Before Ded	11499	DistributableAmountBeforeDed
Distributable Amount As Adjusted	11499	DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

Field	Value	IRS element (for citing)
Expenses And Contributions	8000	ExpensesAndContributions
Program Related Investments Total	0	ProgramRelatedInvestmentsTotal
Amounts Paid Acq Charitable Assets	0	AmountsPaidAcqCharitableAssets
Amounts Set Aside Suitability Test	0	AmountsSetAsideSuitabilityTest
Amounts Set Aside Cash Distri Test	0	AmountsSetAsideCashDistriTest
Qualifying Distributions	8000	QualifyingDistributions
Adj Qualifying Distributions	8000	AdjQualifyingDistributions

Undistributed Income UndistributedIncome

Field	Value	IRS element (for citing)
Distributable Amount As Adjusted	11499	DistributableAmountAsAdjusted
Prior Year1	2009	PriorYear1
Prior Year2	2008	PriorYear2
Prior Year3	2007	PriorYear3
Excess Distri Carryover Year5	1065	ExcessDistriCarryoverYear5
Excess Distri Carryover Year4	2203	ExcessDistriCarryoverYear4
Excess Distri Carryover Year3	4598	ExcessDistriCarryoverYear3
Excess Distri Carryover Year2	887	ExcessDistriCarryoverYear2
Excess Distri Carryover Year1	2933	ExcessDistriCarryoverYear1
Total Excess Distri Carryover	11686	TotalExcessDistriCarryover
Qualifying Distributions	8000	QualifyingDistributions
Applied To Current Year	8000	AppliedToCurrentYear
Remaining Distri From Corpus	0	RemainingDistriFromCorpus
Excess Distri Cyov App CY Corpus	3499	ExcessDistriCyovAppCYCorpus
Excess Distri Cyov Applied CY	3499	ExcessDistriCyovAppliedCY
Total Corpus	8187	TotalCorpus
Undistributed Income CY	0	UndistributedIncomeCY
Excess Distri Cyov To Next Year	8187	ExcessDistriCyovToNextYear
Excess From Year3	4367	ExcessFromYear3
Excess From Year2	887	ExcessFromYear2
Excess From Year1	2933	ExcessFromYear1

Field	Value	IRS element (for citing)
Private Operating Foundations		PrivateOperatingFoundations

Supplementary Information SupplementaryInformation

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

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (6 entries)

Address Line1RecipientUSAddress/AddressLine1	CityRecipientUSAddress/City	StateRecipientUSAddress/State	ZIP CodeRecipientUSAddress/ZIPCode	Recipient RelationshipRecipientRelationship	Recipient Foundation StatusRecipientFoundationStatus	Purpose Of Grant Or ContributionPurposeOfGrantOrContribution	AmountAmount
Clarkson University
8 Clarkson Ave	Potsdam	NY	13699	none	Public Charity	general support	$1,000
Dana Farber Cancer Institute
10 Brookline Place West	Brookline	MA	024457226	none	public charity	general support	$1,000
Lake Sunapee Protective Assn
72 Main Street	Sunapee	NH	03782	none	Public Charity	General Support	$2,500
Dartmouth Hitchcock Medical Center
One Medical Center Drive	Lebanon	NH	03756	none	public charity	general support	$1,000
Upper Valley Humane Society
300 Old Route 10	Enfield	NH	03748	none	Public charity	general support	$1,000
University Prep
PO Box 15362	Seattle	WA	98115	None	Public Charity	General Support	$1,500

Field	Value	IRS element (for citing)
Tot Grant Or Contri Paid During Year	8000	TotGrantOrContriPaidDuringYear

Analysis Income Producing Acty AnalysisIncomeProducingActy

Field	Value	IRS element (for citing)
Fees Contracts From Govt Agencies		FeesContractsFromGovtAgencies
Membership Dues And Assessments		MembershipDuesAndAssessments
Int On Savings And Temp Cash Invst		IntOnSavingsAndTempCashInvst

Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII

Field	Value	IRS element (for citing)
Exclusion Code	14	ExclusionCode
Exclusion	$5,695	ExclusionAmount

Field	Value	IRS element (for citing)
Net Rental Incm Re Debt Fincd Prop		NetRentalIncmReDebtFincdProp
Net Rntl Incm Re Not Debt Fincd Prop		NetRntlIncmReNotDebtFincdProp
Net Rental Incm Personal Property		NetRentalIncmPersonalProperty
Other Investment Income Part VII		OtherInvestmentIncomePartVII

Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry

Field	Value	IRS element (for citing)
Exclusion Code	18	ExclusionCode
Exclusion	$264	ExclusionAmount

Field	Value	IRS element (for citing)
Net Income Loss From Special Events		NetIncomeLossFromSpecialEvents
Gross Profit Loss Sales Of Invntry		GrossProfitLossSalesOfInvntry

Subtotals Part XVIA SubtotalsPartXVIA

Field	Value	IRS element (for citing)
Exclusion	$5,959	ExclusionAmount

Field	Value	IRS element (for citing)
Total Part XVIA	5959	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 Individual	Richard Dulude	ContributorNameIndividual

Contributor Address US ContributorAddressUS

Field	Value	IRS element (for citing)
Address Line1	1106 Lake Avenue	AddressLine1
City	Georges Mills	City
State	NH	State
ZIP Code	03751	ZIPCode

Field	Value	IRS element (for citing)
Aggregate Contributions	10000	AggregateContributions
Person Contribution Type	X	PersonContributionType

Depreciation Schedule DepreciationSchedule

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOther (2 entries)

Category Or ItemCategoryOrItem	Book ValueBookValue	EOYFMVEOYFMV
VANGUARD TOTAL BOND INDEX	88499	94219
VANGUARD TOTAL STK MKT INDEX	137919	135711

Land Etc Schedule2 LandEtcSchedule2

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases OtherDecreases

Field	Value	IRS element (for citing)
Description	ROUNDING	Description
Amount	$1	Amount

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses

Field	Value	IRS element (for citing)
Description	FILING FEES	Description
Revenue And Expenses Per Books	50	RevenueAndExpensesPerBooks

Taxes Schedule TaxesSchedule

Taxes Taxes

Field	Value	IRS element (for citing)
Category	FEDERAL EXCISE TAXES	Category
Amount	$116	Amount