LEVITSKY FAMILY FOUNDATION INC: Form 990PF, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- LEVITSKY FAMILY FOUNDATION INC (EIN 22-3603326)
- Tax period
- 2010-01-01 to 2010-12-31
- Filed
- 2011-04-11
- IRS object ID
- 201101019349100000
- Schema version
- 2010v3.2
- 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
- Accounting Fees Schedule
- Other Decreases Schedule
- Other Professional Fees Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-04-11T05:19:18-07:00 | Timestamp |
| Tax Period End Date | 2010-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | William D Lomberk CPA PA | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 74 Washington Street | AddressLine1 |
| City | Bridgeton | City |
| State | NJ | State |
| ZIP Code | 083022016 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnType |
| Tax Period Begin Date | 2010-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 223603326 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LEVITSKY FAMILY FOUNDATION INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | LEVI | NameControl |
| Phone | 8568029861 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 119 MUIRFIELD COURT | AddressLine1 |
| City | MOORESTOWN | City |
| State | NJ | State |
| ZIP Code | 08057 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | DAVID LEVITSKY | Name |
| Title | President | Title |
| Date Signed | 2011-04-11 | DateSigned |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | WILLIAM D LOMBERK | Name |
| Phone | 8564512346 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | 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 | 0 | 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 |
| Dividends Rev And Expnss | 345 | DividendsRevAndExpnss |
| Dividends Net Invst Incm | 345 | DividendsNetInvstIncm |
| Dividends Adj Net Incm | 345 | DividendsAdjNetIncm |
| Net Gain Sale Assets Rev And Expnss | -374 | NetGainSaleAssetsRevAndExpnss |
| Total Revenue And Expenses | -29 | TotalRevenueAndExpenses |
| Total Net Investment Income | 345 | TotalNetInvestmentIncome |
| Total Adjusted Net Income | 345 | TotalAdjustedNetIncome |
| Accounting Fees Rev And Expnss | 400 | AccountingFeesRevAndExpnss |
| Other Prof Fees Rev And Expnss | 275 | OtherProfFeesRevAndExpnss |
| Deprec And Depletion Rev And Expnss | 0 | DeprecAndDepletionRevAndExpnss |
| Tot Opr Expenses Rev And Expnss | 675 | TotOprExpensesRevAndExpnss |
| Tot Opr Expenses Net Invst Incm | 0 | TotOprExpensesNetInvstIncm |
| Tot Opr Expenses Dsbrs Chrtbl Prps | 0 | TotOprExpensesDsbrsChrtblPrps |
| Contri Gifts Paid Rev And Expnss | 1302 | ContriGiftsPaidRevAndExpnss |
| Contri Gifts Paid Dsbrs Chrtbl Prps | 1302 | ContriGiftsPaidDsbrsChrtblPrps |
| Total Expenses Rev And Expnss | 1977 | TotalExpensesRevAndExpnss |
| Total Expenses Net Invst Incm | 0 | TotalExpensesNetInvstIncm |
| Total Expenses Dsbrs Chrtbl Prps | 1302 | TotalExpensesDsbrsChrtblPrps |
| Excess Of Revenue Over Expenses | -2006 | ExcessOfRevenueOverExpenses |
| Net Investment Income | 345 | NetInvestmentIncome |
| Adjusted Net Income | 345 | AdjustedNetIncome |
Balance Sheets BalanceSheets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Savings And Temp Cash Invst BOY | 138 | SavingsAndTempCashInvstBOY |
| Savings And Temp Cash Invst EOY | 785 | SavingsAndTempCashInvstEOY |
| Investments Corp Stock BOY | 33180 | InvestmentsCorpStockBOY |
| Investments Corp Stock EOY | 27670 | InvestmentsCorpStockEOY |
| Total Assets BOY | 33318 | TotalAssetsBOY |
| Total Assets EOY | 28455 | TotalAssetsEOY |
| Total Assets EOYFMV | 0 | TotalAssetsEOYFMV |
| Total Liabilities EOY | 0 | TotalLiabilitiesEOY |
| Org That Do Not Follow SFAS117 | X | OrgThatDoNotFollowSFAS117 |
| Capital Stock BOY | 33318 | CapitalStockBOY |
| Capital Stock EOY | 28455 | CapitalStockEOY |
| Total Net Assets BOY | 33318 | TotalNetAssetsBOY |
| Total Net Assets EOY | 28455 | TotalNetAssetsEOY |
| Total Liabilities Net Assets BOY | 33318 | TotalLiabilitiesNetAssetsBOY |
| Total Liabilities Net Assets EOY | 28455 | TotalLiabilitiesNetAssetsEOY |
Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Net Assets Fund Balances BOY | 33318 | TotalNetAssetsFundBalancesBOY |
| Excess Of Revenue Over Expenses | -2006 | ExcessOfRevenueOverExpenses |
| Subtotal | 31312 | Subtotal |
| Other Decreases | 2857 | OtherDecreases |
| Total Net Assets Fund Balances EOY | 28455 | TotalNetAssetsFundBalancesEOY |
Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable For4942 Tax | false | LiableFor4942Tax |
| Qualifying Distributions Year1 | 1498 | QualifyingDistributionsYear1 |
| Qualifying Distributions Year2 | 2263 | QualifyingDistributionsYear2 |
| Qualifying Distributions Year3 | 2982 | QualifyingDistributionsYear3 |
| Noncharitable Assets Year3 | 46006 | NoncharitableAssetsYear3 |
| Distribution Ratio Year3 | 0.06482 | DistributionRatioYear3 |
| Qualifying Distributions Year4 | 4674 | QualifyingDistributionsYear4 |
| Noncharitable Assets Year4 | 57705 | NoncharitableAssetsYear4 |
| Distribution Ratio Year4 | 0.08100 | DistributionRatioYear4 |
| Qualifying Distributions Year5 | 3174 | QualifyingDistributionsYear5 |
| Noncharitable Assets Year5 | 63275 | NoncharitableAssetsYear5 |
| Distribution Ratio Year5 | 0.05016 | DistributionRatioYear5 |
| Total Distribution Ratio | 0.19598 | TotalDistributionRatio |
| Average Distribution Ratio | 0.03920 | AverageDistributionRatio |
| One Percent Net Investment Income | 3 | OnePercentNetInvestmentIncome |
| Adj Nonchrtbl Assets And One | 3 | AdjNonchrtblAssetsAndOnePct |
| Qualifying Distributions | 1302 | QualifyingDistributions |
Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | X | DomesticOrgMeetingSect4940e |
| Investment Income Excise Tax | 3 | InvestmentIncomeExciseTax |
| Subtotal | 3 | Subtotal |
| Tax Based On Investment Income | 3 | TaxBasedOnInvestmentIncome |
| Tax Due | 3 | 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 |
| Form990 T Filed | false | Form990TFiled |
| 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 |
| Website Address | N/A | WebsiteAddress |
Books In Care Of Business Name BooksInCareOfBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | VELDA LEVITSKY TREASURER | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Books In Care Of Phone Number | 8568029861 | BooksInCareOfPhoneNumber |
Books In Care Of US Address BooksInCareOfUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 119 MUILFIELD COURT | AddressLine1 |
| City | MOORESTOWN | City |
| State | NJ | State |
| ZIP Code | 080573954 | 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 |
| Acts Fail To Qualify As Exceptions | false | ActsFailToQualifyAsExceptions |
| Uncorrected Prior Acts | false | UncorrectedPriorActs |
| Undistributed Income Prior Years | false | UndistributedIncomePriorYears |
| Undistr Income4942a2 Not Applied | false | UndistrIncome4942a2NotApplied |
| Business Holdings | false | BusinessHoldings |
| Excess Business Holdings | false | ExcessBusinessHoldings |
| 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 |
| Tr Fail To Qualify As Exceptions | false | TrFailToQualifyAsExceptions |
| Maint Expend Responsibility | false | MaintExpendResponsibility |
| Rcv Funds To Pay Prsnl Bnft Contract | false | RcvFundsToPayPrsnlBnftContract |
| Pay Premiums Prsnl Bnft Contract | false | PayPremiumsPrsnlBnftContract |
| 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 (4 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | TitleTitle | Avg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPosition | CompensationCompensation |
|---|---|---|---|---|---|---|
| MARK LEVITSKY | ||||||
| 21 SILVERBROOK DRIVE | BRIDGETON | NJ | 08302 | Vice President | 0.00 | 0 |
| VELDA LEVITSKY | ||||||
| 119 MUIRFIELD COURT | MOORESTOWN | NJ | 08057 | Treasurer | 0.00 | 0 |
| SUSAN KAUFMAN | ||||||
| 133 COUNTRY CLUB DRIVE | MOORESTOWN | NJ | 08057 | Secretary | 0.00 | 0 |
| DAVID LEVITSKY | ||||||
| 119 MUILFIELD COURT | MOORESTOWN | NJ | 08057 | President | 0.00 | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Highest Paid Empl NONE | NONE | CompOfHighestPaidEmplNONE |
| Comp Of Hghst Paid Cntrct NONE | NONE | CompOfHghstPaidCntrctNONE |
Minimum Investment Return MinimumInvestmentReturn
| Field | Value | IRS element (for citing) |
|---|---|---|
| Avg Monthly FMV Of Securities | 0 | AvgMonthlyFMVOfSecurities |
| Avg Monthly Cash Balances | 0 | AvgMonthlyCashBalances |
| FMV All Other Noncharitable Assets | 0 | FMVAllOtherNoncharitableAssets |
| Total FMV Of Unused Assets | 0 | TotalFMVOfUnusedAssets |
| Reduction Claimed | 0 | ReductionClaimed |
| Adj Total FMV Of Unused Assets | 0 | AdjTotalFMVOfUnusedAssets |
| Cash Deemed Charitable | 0 | CashDeemedCharitable |
| Net Noncharitable Assets | 0 | NetNoncharitableAssets |
| Minimum Investment Return | 0 | MinimumInvestmentReturn |
Distributable DistributableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Based On Investment Income | 3 | TaxBasedOnInvestmentIncome |
| Total Tax | 3 | TotalTax |
| Distributable Amount Before Adj | 3 | DistributableAmountBeforeAdj |
| Distributable Amount Before Ded | 3 | DistributableAmountBeforeDed |
| Distributable Amount As Adjusted | 0 | DistributableAmountAsAdjusted |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | 1302 | ExpensesAndContributions |
| Qualifying Distributions | 1302 | QualifyingDistributions |
| One Pct Sect4940e Org Net Invst Incm | 3 | OnePctSect4940eOrgNetInvstIncm |
| Adj Qualifying Distributions | 1299 | AdjQualifyingDistributions |
Undistributed Income UndistributedIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable Amount As Adjusted | 0 | DistributableAmountAsAdjusted |
| Excess Distri Carryover Year5 | 62 | ExcessDistriCarryoverYear5 |
| Excess Distri Carryover Year4 | 1805 | ExcessDistriCarryoverYear4 |
| Excess Distri Carryover Year3 | 718 | ExcessDistriCarryoverYear3 |
| Excess Distri Carryover Year2 | 2282 | ExcessDistriCarryoverYear2 |
| Excess Distri Carryover Year1 | 1500 | ExcessDistriCarryoverYear1 |
| Total Excess Distri Carryover | 6367 | TotalExcessDistriCarryover |
| Qualifying Distributions | 1302 | QualifyingDistributions |
| Treated As Distri From Corpus | 0 | TreatedAsDistriFromCorpus |
| Remaining Distri From Corpus | 1302 | RemainingDistriFromCorpus |
| Total Corpus | 7669 | TotalCorpus |
| Undistributed Income CY | 0 | UndistributedIncomeCY |
| Excess Distri Cyov From Year5 | 62 | ExcessDistriCyovFromYear5 |
| Excess Distri Cyov To Next Year | 7607 | ExcessDistriCyovToNextYear |
| Excess From Year4 | 1805 | ExcessFromYear4 |
| Excess From Year3 | 718 | ExcessFromYear3 |
| Excess From Year2 | 2282 | ExcessFromYear2 |
| Excess From Year1 | 1500 | ExcessFromYear1 |
| Excess From Current Year | 1302 | ExcessFromCurrentYear |
Supplementary Information SupplementaryInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | DAVID LEVITSKY | ContributingManager |
| Only Contributes To Preselected | X | OnlyContributesToPreselected |
Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (3 entries)
| Address Line1RecipientUSAddress/AddressLine1 | CityRecipientUSAddress/City | StateRecipientUSAddress/State | ZIP CodeRecipientUSAddress/ZIPCode | Recipient RelationshipRecipientRelationship | Purpose Of Grant Or ContributionPurposeOfGrantOrContribution | AmountAmount |
|---|---|---|---|---|---|---|
| GLOUCESTER COUNRY ANIMAL SHELTER | ||||||
| 1200 N DELSEA DRIVE | CLAYTON | NJ | 08312 | NONE | UNRESTRICTED | $434 |
| CANINE CANCER AWARENESS INC | ||||||
| 44 DEVOE STREET | BROOKLYN | NY | 11211 | NONE | UNRESTRICTED/CHARITABLE | $434 |
| CUMBERLAND COUNTY SPCA | ||||||
| 1244 N DELSEA DRIVE | VINELAND | NJ | 08360 | NONE | UNRESTRICTED/CHARTIABLE | $434 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Grant Or Contri Paid During Year | 1302 | TotGrantOrContriPaidDuringYear |
Analysis Income Producing Acty AnalysisIncomeProducingActy
Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Related Or Exempt Function Income | 345 | RelatedOrExemptFunctionIncome |
Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Income | -374 | RelatedOrExemptFunctionIncome |
Subtotals Part XVIA SubtotalsPartXVIA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Income | -29 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Part XVIA | -29 | 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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees AccountingFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amount | $400 | Amount |
| Net Investment Income | 0 | NetInvestmentIncome |
| Adjusted Net Income | 0 | AdjustedNetIncome |
| Disbursements Charitable Prps | 0 | DisbursementsCharitablePrps |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases OtherDecreases
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | DECREASE IN STOCK VALUES | Description |
| Amount | $2,857 | Amount |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees OtherProfessionalFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT FEES | Category |
| Amount | $275 | Amount |
| Net Investment Income | 0 | NetInvestmentIncome |
| Adjusted Net Income | 0 | AdjustedNetIncome |
| Disbursements Charitable Prps | 0 | DisbursementsCharitablePrps |