STRATEGY STUDIO / PUBLIC DATA EXPLORER

THE VAN HORN FOUNDATION: Form 990PF, tax year 2010

View the entire original 990 at ProPublica ↗

Organization
THE VAN HORN FOUNDATION (EIN 20-8246406)
Tax period
2010-01-01 to 2010-12-31
Filed
2011-04-28
IRS object ID
201101189349100005
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 ReturnHeader

FieldValueIRS element (for citing)
Timestamp2011-04-28T16:02:11-00:00Timestamp
Tax Period End Date2010-12-31TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1John J McGovern Esq CPABusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line1321 Spruce St Suite 201AddressLine1
CityScrantonCity
StatePAState
ZIP Code18503ZIPCode
FieldValueIRS element (for citing)
Return Type990PFReturnType
Tax Period Begin Date2010-01-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN208246406EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1THE JOHN & ELIZABETH VAN HORN FAMILY FOUNDATIONBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlVANHNameControl
Phone5702538506Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line1WAYNE BANK WEALTH MGT 717 MAIN STREAddressLine1
CityHONESDALECity
StatePAState
ZIP Code18431ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameWAYNE BANKName
TitleTRUST OFFICERTitle
Date Signed2011-04-28DateSigned
Authorize Third PartyfalseAuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameJohn McGovernName
Phone5709618704Phone
Date Prepared2011-04-28DatePrepared
Self EmployedXSelfEmployed
FieldValueIRS element (for citing)
Tax Year2010TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Exempt PFXExemptPF
FMV Assets EOY74755FMVAssetsEOY
Method Of Accounting CashXMethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Interest On Savings Rev And Expnss567InterestOnSavingsRevAndExpnss
Interest On Savings Net Invst Incm567InterestOnSavingsNetInvstIncm
Dividends Rev And Expnss889DividendsRevAndExpnss
Dividends Net Invst Incm889DividendsNetInvstIncm
Net Gain Sale Assets Rev And Expnss-2558NetGainSaleAssetsRevAndExpnss
Gross Sales Price15084GrossSalesPrice
Capital Gain Net Incm Net Invst Incm0CapitalGainNetIncmNetInvstIncm
Total Revenue And Expenses-1102TotalRevenueAndExpenses
Total Net Investment Income1456TotalNetInvestmentIncome
Comp Ofcr Dir Trst Rev And Expnss547CompOfcrDirTrstRevAndExpnss
Comp Ofcr Dir Trst Net Invst Incm274CompOfcrDirTrstNetInvstIncm
Comp Ofcr Dir Trst Dsbrs Chrtbl Prps273CompOfcrDirTrstDsbrsChrtblPrps
Taxes Rev And Expnss11TaxesRevAndExpnss
Taxes Net Invst Incm11TaxesNetInvstIncm
Tot Opr Expenses Rev And Expnss558TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm285TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps273TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss3800ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps3800ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss4358TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm285TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps4073TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses-5460ExcessOfRevenueOverExpenses
Net Investment Income1171NetInvestmentIncome

Balance Sheets BalanceSheets

FieldValueIRS element (for citing)
Cash BOY7911CashBOY
Cash EOY5477CashEOY
Cash EOYFMV5477CashEOYFMV
Investments Corp Stock BOY38239InvestmentsCorpStockBOY
Investments Corp Stock EOY35621InvestmentsCorpStockEOY
Investments Corp Stock EOYFMV54858InvestmentsCorpStockEOYFMV
Investments Corp Bonds BOY15000InvestmentsCorpBondsBOY
Investments Corp Bonds EOY14592InvestmentsCorpBondsEOY
Investments Corp Bonds EOYFMV14420InvestmentsCorpBondsEOYFMV
Total Assets BOY61150TotalAssetsBOY
Total Assets EOY55690TotalAssetsEOY
Total Assets EOYFMV74755TotalAssetsEOYFMV
Total Liabilities EOY0TotalLiabilitiesEOY
Org That Do Not Follow SFAS117XOrgThatDoNotFollowSFAS117
Capital Stock BOY61150CapitalStockBOY
Capital Stock EOY55690CapitalStockEOY
Total Net Assets BOY61150TotalNetAssetsBOY
Total Net Assets EOY55690TotalNetAssetsEOY
Total Liabilities Net Assets BOY61150TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY55690TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

FieldValueIRS element (for citing)
Total Net Assets Fund Balances BOY61150TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses-5460ExcessOfRevenueOverExpenses
Subtotal55690Subtotal
Total Net Assets Fund Balances EOY55690TotalNetAssetsFundBalancesEOY

Capital Gains And Losses CapitalGainsAndLosses

Capital Gains And Losses Info CapitalGainsAndLossesInfo (3 entries)

Description Of AssetDescriptionOfAssetHow AcquiredHowAcquiredDate AcquiredDateAcquiredDate SoldDateSoldGross Sales PriceGrossSalesPriceCost Or Other BasisCostOrOtherBasisGain Or LossGainOrLossGains Minus Excess Or LossesGainsMinusExcessOrLosses
RDMD MATURITYP2009-02-112010-03-1550005000
DISCOVERP2008-05-202010-11-291000010000
AIGP2007-10-182010-11-17842642-2558-2558
FieldValueIRS element (for citing)
Capital Gain Net Income-2558CapitalGainNetIncome

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

FieldValueIRS element (for citing)
Liable For4942 TaxfalseLiableFor4942Tax
Qualifying Distributions Year13692QualifyingDistributionsYear1
Noncharitable Assets Year162478NoncharitableAssetsYear1
Distribution Ratio Year1000.059093DistributionRatioYear1
Qualifying Distributions Year24085QualifyingDistributionsYear2
Noncharitable Assets Year268771NoncharitableAssetsYear2
Distribution Ratio Year2000.059400DistributionRatioYear2
Qualifying Distributions Year33049QualifyingDistributionsYear3
Noncharitable Assets Year380892NoncharitableAssetsYear3
Distribution Ratio Year3000.037692DistributionRatioYear3
Total Distribution Ratio000.156185TotalDistributionRatio
Average Distribution Ratio000.052062AverageDistributionRatio
Net Noncharitable Assets70780NetNoncharitableAssets
Adjusted Noncharitable Assets3685AdjustedNoncharitableAssets
One Percent Net Investment Income12OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One3697AdjNonchrtblAssetsAndOnePct
Qualifying Distributions4073QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eXDomesticOrgMeetingSect4940e
Investment Income Excise Tax12InvestmentIncomeExciseTax
Subtotal12Subtotal
Tax Based On Investment Income12TaxBasedOnInvestmentIncome
Tax Due12TaxDue

Statements Regarding Activities StatementsRegardingActivities

FieldValueIRS element (for citing)
Legislative Political ActivitiesfalseLegislativePoliticalActivities
More Than100 SpentfalseMoreThan100Spent
Form1120 POL FiledfalseForm1120POLFiled
Activities Not Prev ReportedfalseActivitiesNotPrevReported
Changes To Articles Or BylawsfalseChangesToArticlesOrBylaws
Unrelated Bus Income Over1000falseUnrelatedBusIncomeOver1000
Termination EtcfalseTerminationEtc
Requirements Of Sect508etrueRequirementsOfSect508e
At Least5000 In AssetstrueAtLeast5000InAssets
States Filed WithPAStatesFiledWith
Form990 PF Filed With AGtrueForm990PFFiledWithAG
Private Operating FoundationfalsePrivateOperatingFoundation
New Substantial ContributorsfalseNewSubstantialContributors
Interest In Controlled EntityfalseInterestInControlledEntity
Applicable Insurance ContractfalseApplicableInsuranceContract
Comply With Public Inspection RqrtrueComplyWithPublicInspectionRqr

Books In Care Of Business Name BooksInCareOfBusinessName

FieldValueIRS element (for citing)
Business Name Line1Wayne BankBusinessNameLine1
FieldValueIRS element (for citing)
Books In Care Of Phone Number5702538506BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

FieldValueIRS element (for citing)
Address Line1717 Main StreetAddressLine1
CityHonesdaleCity
StatePAState
ZIP Code18431ZIPCode
FieldValueIRS element (for citing)
Foreign BankfalseForeignBank

Statements Regarding Acty4720 StatementsRegardingActy4720

FieldValueIRS element (for citing)
Sale Or Exchange With Dsqfly PersonfalseSaleOrExchangeWithDsqflyPerson
Borrow Or Lend With Dsqfly PersonfalseBorrowOrLendWithDsqflyPerson
Furnished Goods With Dsqfly PersonfalseFurnishedGoodsWithDsqflyPerson
Pay Compensation To Dsqfly PersonfalsePayCompensationToDsqflyPerson
Transfer Assets To Dsqfly PersonfalseTransferAssetsToDsqflyPerson
Payment To Government OfficalfalsePaymentToGovernmentOffical
Uncorrected Prior ActsfalseUncorrectedPriorActs
Undistributed Income Prior YearsfalseUndistributedIncomePriorYears
Business HoldingsfalseBusinessHoldings
Jeopardy InvestmentsfalseJeopardyInvestments
Uncorrected Jeopardy InvestmentsfalseUncorrectedJeopardyInvestments
Influence LegislationfalseInfluenceLegislation
Influence ElectionfalseInfluenceElection
Grants To IndividualsfalseGrantsToIndividuals
Grants To OrganizationsfalseGrantsToOrganizations
Noncharitable PurposefalseNoncharitablePurpose
Pay Premiums Prsnl Bnft ContractfalsePayPremiumsPrsnlBnftContract
Prohibited Tax Shelter TransactnfalseProhibitedTaxShelterTransactn

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (3 entries)

Address Line1USAddress/AddressLine1CityUSAddress/CityStateUSAddress/StateZIP CodeUSAddress/ZIPCodeTitleTitleAvg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPositionCompensationCompensation
JOHN VAN HORN
402 MIDDLE CREEK RDHONESDALEPA18431TRUSTEE001.000
MARY ELLEN LUTHY
PO BOX 5POINT PLEASANTNJ08742TRUSTEE001.000
WAYNE BANK
717 MAIN STREETHONESDALEPA18431TRUSTEE001.00547

Summary Of Direct Charitable Acty SummaryOfDirectCharitableActy

FieldValueIRS element (for citing)
Description1THE FOUNDATION PROVIDES FUNDING FOR CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY OR EDUCATIONAL PURPOSES EITHER DIRECTLY OR BY MAKING CONTRIBUTIONS TO ORGANIZATIONS AUTHORIZED TO CARRY ON SUCH ACTIVITIESDescription1
Expenses13800Expenses1

Minimum Investment Return MinimumInvestmentReturn

FieldValueIRS element (for citing)
Avg Monthly FMV Of Securities65164AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances6694AvgMonthlyCashBalances
FMV All Other Noncharitable Assets0FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets71858TotalFMVOfUnusedAssets
Adj Total FMV Of Unused Assets71858AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable1078CashDeemedCharitable
Net Noncharitable Assets70780NetNoncharitableAssets
Minimum Investment Return3539MinimumInvestmentReturn

Distributable DistributableAmount

FieldValueIRS element (for citing)
Minimum Investment Return3539MinimumInvestmentReturn
Tax Based On Investment Income12TaxBasedOnInvestmentIncome
Total Tax12TotalTax
Distributable Amount Before Adj3527DistributableAmountBeforeAdj
Distributable Amount Before Ded3527DistributableAmountBeforeDed
Distributable Amount As Adjusted3527DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

FieldValueIRS element (for citing)
Expenses And Contributions4073ExpensesAndContributions
Qualifying Distributions4073QualifyingDistributions
One Pct Sect4940e Org Net Invst Incm12OnePctSect4940eOrgNetInvstIncm
Adj Qualifying Distributions4061AdjQualifyingDistributions

Undistributed Income UndistributedIncome

FieldValueIRS element (for citing)
Distributable Amount As Adjusted3527DistributableAmountAsAdjusted
Excess Distri Carryover Year13597ExcessDistriCarryoverYear1
Total Excess Distri Carryover3597TotalExcessDistriCarryover
Qualifying Distributions4073QualifyingDistributions
Applied To Current Year3527AppliedToCurrentYear
Remaining Distri From Corpus546RemainingDistriFromCorpus
Total Corpus4143TotalCorpus
Undistributed Income CY0UndistributedIncomeCY
Excess Distri Cyov To Next Year4143ExcessDistriCyovToNextYear
Excess From Year13597ExcessFromYear1
Excess From Current Year546ExcessFromCurrentYear

Supplementary Information SupplementaryInformation

FieldValueIRS element (for citing)
Contributing ManagerNONEContributingManager
Shareholder ManagerNONEShareholderManager
Only Contributes To PreselectedXOnlyContributesToPreselected

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (12 entries)

Address Line1RecipientUSAddress/AddressLine1CityRecipientUSAddress/CityStateRecipientUSAddress/StateZIP CodeRecipientUSAddress/ZIPCodeRecipient Foundation StatusRecipientFoundationStatusPurpose Of Grant Or ContributionPurposeOfGrantOrContributionAmountAmount
HONESDALE ROTARY
952 BETHANY TURNPIKEHONESDALEPA18431PUBLIC CHARITYTO FURTHER MISSION$200
DORFLINGER-SUYDAM WILDLIDE SANCTUAR
PO BOX 356WHITE MILLSPA18473PUBLIC CHARITYTO FURTHER MISSION$100
MEALS ON WHEELS
203 SOUTH UNION STREETALEXANDRIAVA22314PUBLIC CHARITYTO FURTHER MISSION$100
POINT PLEASANT PRESBYTERIAN CHURCH
701 FORMAN AVEPOINT PLEASANT BEACHNJ08742PUBLIC CHARITYTO FURTHER MISSION$1,600
POINT PLEASANT FIRST AID
614 LAUREL AVEPOINT PLEASANT BEACHNJ08472PUBLIC CHARITYTO FURTHER MISSION$200
SALVATION ARMY
615 SLATERSALEXANDRIAVA22313PUBLIC CHARITYTO FURTHER MISSION$100
OCEAN FIRE COMPANY
400 ARNOLD AVEPOINT PLEASANT BEACHNJ08472PUBLIC CHARITYTO FURTHER MISSION$100
SAINT VINCENT ACADEMY
228 W MARKET STREETNEWARKNJ07103PUBLIC CHARITYTO FURTHER MISSION$250
WAYNE COUNTY PUBLIC LIBRARY
1406 MAIN STREETHONESDALEPA18431PUBLIC CHARITYTO FURTHER MISSION$250
WAYNE COUNTY HISTORICAL SOCIETY
PO BOX 446HONESDALEPA18431PUBLIC CHARITYTO FURTHER MISSION$100
WOMAN'S CLUB OF POINT PLEASANT
513 SAINT LOUIS AVEPOINT PLEASANT BEACHNJ08472PUBLIC CHARITYTO FURTHER MISSION$400
ST GREGORY'S PANTRY
804 BAY AVEPOINT PLEASANT BEACHNJ08742PUBLIC CHARITYTO FURTHER MISSION$400
FieldValueIRS element (for citing)
Tot Grant Or Contri Paid During Year3800TotGrantOrContriPaidDuringYear

Analysis Income Producing Acty AnalysisIncomeProducingActy

Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst

FieldValueIRS element (for citing)
Exclusion Code14ExclusionCode
Exclusion$567ExclusionAmount

Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII

FieldValueIRS element (for citing)
Exclusion Code14ExclusionCode
Exclusion$889ExclusionAmount

Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry

FieldValueIRS element (for citing)
Exclusion Code18ExclusionCode
Exclusion-$2,558ExclusionAmount

Subtotals Part XVIA SubtotalsPartXVIA

FieldValueIRS element (for citing)
Exclusion-$1,102ExclusionAmount
FieldValueIRS element (for citing)
Total Part XVIA-1102TotalPartXVIA

Rln Of Acty To Accom Of Exempt Prps RlnOfActyToAccomOfExemptPrps

Rln Of Acty To Accom Of Exempt Prps RlnOfActyToAccomOfExemptPrps

FieldValueIRS element (for citing)
Line Number0LineNumber
Relationship StatementNARelationshipStatement

Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO

FieldValueIRS element (for citing)
Trnsfr Of Cash To Noncharitable EOfalseTrnsfrOfCashToNoncharitableEO
Trnsfr Oth Assets Noncharitable EOfalseTrnsfrOthAssetsNoncharitableEO
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssets
Purchase Assets Noncharitable EOfalsePurchaseAssetsNoncharitableEO
Rental Of Facilities EtcfalseRentalOfFacilitiesEtc
Reimbursement ArrangementsfalseReimbursementArrangements
Loans Or Loan GuaranteesfalseLoansOrLoanGuarantees
Performance Of Services EtcfalsePerformanceOfServicesEtc
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtc
Relationships Noncharitable E OsfalseRelationshipsNoncharitableEOs

General Explanation Attachment GeneralExplanationAttachment

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corp Bonds InvestmentsCorpBonds

FieldValueIRS element (for citing)
Name Of BondWayne Bank AccountNameOfBond
EOY Book Value14592EOYBookValue
EOYFMV14420EOYFMV

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corp Stock InvestmentsCorpStock

FieldValueIRS element (for citing)
Name Of StockWayne Bank AccountNameOfStock
EOY Book Value35621EOYBookValue
EOYFMV54858EOYFMV

Taxes Schedule TaxesSchedule

Taxes Taxes

FieldValueIRS element (for citing)
CategoryIncome taxCategory
Amount$11Amount
Net Investment Income11NetInvestmentIncome
Adjusted Net Income0AdjustedNetIncome
Disbursements Charitable Prps0DisbursementsCharitablePrps