JEREMY CARROLL FOUNDATION: Form 990PF, tax year 2010

View the entire original 990 at ProPublica ↗

Organization: JEREMY CARROLL FOUNDATION (EIN 26-2896158)
Tax period: 2010-01-01 to 2010-12-31
Filed: 2011-05-09
IRS object ID: 201101299349101125
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
Schedule B
Accounting Fees Schedule
Other Expenses Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2011-05-09T14:57:30-05:00	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	HERBEIN COMPANY INC	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	2763 CENTURY BOULEVARD	AddressLine1
City	READING	City
State	PA	State
ZIP Code	19610	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	262896158	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	THE JEREMY CARROLL FOUNDATION	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	JERE	NameControl
Phone	6109293544	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	601 MEADOW LANE	AddressLine1
City	READING	City
State	PA	State
ZIP Code	19605	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	A DAVID CARROLL	Name
Title	PRESIDENT	Title
Phone	6109293544	Phone
Date Signed	2011-05-03	DateSigned
Authorize Third Party	1	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	CHRISTEL D WENRICH CPA	Name
Phone	6103781175	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	15168	FMVAssetsEOY
Method Of Accounting Cash	X	MethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Contri Received Rev And Expnss	36000	ContriReceivedRevAndExpnss
Interest On Savings Rev And Expnss	5	InterestOnSavingsRevAndExpnss
Interest On Savings Net Invst Incm	5	InterestOnSavingsNetInvstIncm
Capital Gain Net Incm Net Invst Incm	0	CapitalGainNetIncmNetInvstIncm
Total Revenue And Expenses	36005	TotalRevenueAndExpenses
Total Net Investment Income	5	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
Accounting Fees Rev And Expnss	900	AccountingFeesRevAndExpnss
Accounting Fees Net Invst Incm	0	AccountingFeesNetInvstIncm
Accounting Fees Dsbrs Chrtbl Prps	900	AccountingFeesDsbrsChrtblPrps
Other Expenses Rev And Expnss	638	OtherExpensesRevAndExpnss
Other Expenses Net Invst Incm	0	OtherExpensesNetInvstIncm
Other Expenses Dsbrs Chrtbl Prps	638	OtherExpensesDsbrsChrtblPrps
Tot Opr Expenses Rev And Expnss	1538	TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm	0	TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps	1538	TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss	22770	ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps	22770	ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss	24308	TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm	0	TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps	24308	TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses	11697	ExcessOfRevenueOverExpenses
Net Investment Income	5	NetInvestmentIncome

Balance Sheets BalanceSheets

Field	Value	IRS element (for citing)
Cash BOY	3471	CashBOY
Cash EOY	15168	CashEOY
Cash EOYFMV	15168	CashEOYFMV
Total Assets BOY	3471	TotalAssetsBOY
Total Assets EOY	15168	TotalAssetsEOY
Total Assets EOYFMV	15168	TotalAssetsEOYFMV
Total Liabilities BOY	0	TotalLiabilitiesBOY
Total Liabilities EOY	0	TotalLiabilitiesEOY
Org That Follow SFAS117	X	OrgThatFollowSFAS117
Unrestricted BOY	3471	UnrestrictedBOY
Unrestricted EOY	15168	UnrestrictedEOY
Total Net Assets BOY	3471	TotalNetAssetsBOY
Total Net Assets EOY	15168	TotalNetAssetsEOY
Total Liabilities Net Assets BOY	3471	TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY	15168	TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

Field	Value	IRS element (for citing)
Total Net Assets Fund Balances BOY	3471	TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses	11697	ExcessOfRevenueOverExpenses
Other Increases	0	OtherIncreases
Subtotal	15168	Subtotal
Other Decreases	0	OtherDecreases
Total Net Assets Fund Balances EOY	15168	TotalNetAssetsFundBalancesEOY

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

Field	Value	IRS element (for citing)
Liable For4942 Tax	0	LiableFor4942Tax
Qualifying Distributions Year1	23980	QualifyingDistributionsYear1
Noncharitable Assets Year1	3132	NoncharitableAssetsYear1
Distribution Ratio Year1	7.656450	DistributionRatioYear1
Total Distribution Ratio	7.656450	TotalDistributionRatio
Average Distribution Ratio	7.656450	AverageDistributionRatio
Net Noncharitable Assets	9842	NetNoncharitableAssets
Adjusted Noncharitable Assets	75355	AdjustedNoncharitableAssets
One Percent Net Investment Income	0	OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One	75355	AdjNonchrtblAssetsAndOnePct
Qualifying Distributions	24308	QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

Field	Value	IRS element (for citing)
Investment Income Excise Tax	0	InvestmentIncomeExciseTax
Tax Under Section511	0	TaxUnderSection511
Subtotal	0	Subtotal
Subtitle A Tax	0	SubtitleATax
Tax Based On Investment Income	0	TaxBasedOnInvestmentIncome
Total Credits And Payments	0	TotalCreditsAndPayments
Tax Due	0	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	PA	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 Business Name BooksInCareOfBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	ANNE CARROLL	BusinessNameLine1

Field	Value	IRS element (for citing)
Books In Care Of Phone Number	6109293544	BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

Field	Value	IRS element (for citing)
Address Line1	601 MEADOW LANE	AddressLine1
City	READING	City
State	PA	State
ZIP Code	19605	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	1	GrantsToIndividuals
Grants To Organizations	0	GrantsToOrganizations
Noncharitable Purpose	0	NoncharitablePurpose
Tr Fail To Qualify As Exceptions	1	TrFailToQualifyAsExceptions
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 (7 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
A DAVID CARROLL JR
601 MEADOW LANE	READING	PA	19605	PRESIDENT	2.50	0	0	0
LORIANN E CARROLL-ISRAELI
414 CONLIN ROAD	PLYMOUTH MEETING	PA	19462	VICE PRESIDENT	2.50	0	0	0
ANNE L CARROLL
601 MEADOW LANE	READING	PA	19605	SECRETARY/TREASURER	2.50	0	0	0
AMY STOUDT
2541 CUMBERLAND AVE	MT PENN	PA	19606	BOARD MEMBER	1.25	0	0	0
LARRY KEHL
19 KEHL DRIVE	FLEETWOOD	PA	19522	BOARD MEMBER	1.25	0	0	0
BARRY G HITTNER
222 CHANNEL VIEW	WARWICK	RI	02899	BOARD MEMBER	1.25	0	0	0
KATHLEEN C HITTNER
222 CHANNEL VIEW	WARWICK	RI	02899	BOARD MEMBER	1.25	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	0	AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances	9992	AvgMonthlyCashBalances
FMV All Other Noncharitable Assets	0	FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets	9992	TotalFMVOfUnusedAssets
Reduction Claimed	0	ReductionClaimed
Acquisition Indebtedness	0	AcquisitionIndebtedness
Adj Total FMV Of Unused Assets	9992	AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable	150	CashDeemedCharitable
Net Noncharitable Assets	9842	NetNoncharitableAssets
Minimum Investment Return	492	MinimumInvestmentReturn

Distributable DistributableAmount

Field	Value	IRS element (for citing)
Minimum Investment Return	492	MinimumInvestmentReturn
Total Tax	0	TotalTax
Distributable Amount Before Adj	492	DistributableAmountBeforeAdj
Recoveries Qlfy Distributions	0	RecoveriesQlfyDistributions
Distributable Amount Before Ded	492	DistributableAmountBeforeDed
Deduction Fr Distributable	$0	DeductionFrDistributableAmount
Distributable Amount As Adjusted	492	DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

Field	Value	IRS element (for citing)
Expenses And Contributions	24308	ExpensesAndContributions
Program Related Investments Total	0	ProgramRelatedInvestmentsTotal
Qualifying Distributions	24308	QualifyingDistributions
One Pct Sect4940e Org Net Invst Incm	0	OnePctSect4940eOrgNetInvstIncm
Adj Qualifying Distributions	24308	AdjQualifyingDistributions

Undistributed Income UndistributedIncome

Field	Value	IRS element (for citing)
Distributable Amount As Adjusted	492	DistributableAmountAsAdjusted
Undistributed Income Prior Year	0	UndistributedIncomePriorYear
Total For Prior Years	0	TotalForPriorYears
Excess Distri Carryover Year1	23823	ExcessDistriCarryoverYear1
Total Excess Distri Carryover	23823	TotalExcessDistriCarryover
Qualifying Distributions	24308	QualifyingDistributions
Applied To Year1	0	AppliedToYear1
Applied To Prior Years	0	AppliedToPriorYears
Treated As Distri From Corpus	0	TreatedAsDistriFromCorpus
Applied To Current Year	492	AppliedToCurrentYear
Remaining Distri From Corpus	23816	RemainingDistriFromCorpus
Excess Distri Cyov App CY Corpus	0	ExcessDistriCyovAppCYCorpus
Excess Distri Cyov Applied CY	0	ExcessDistriCyovAppliedCY
Total Corpus	47639	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	0	ExcessDistriCyovFromYear5
Excess Distri Cyov To Next Year	47639	ExcessDistriCyovToNextYear
Excess From Year1	23823	ExcessFromYear1
Excess From Current Year	23816	ExcessFromCurrentYear

Supplementary Information SupplementaryInformation

Field	Value	IRS element (for citing)
Contributing Manager	A DAVID CARROLL JR	ContributingManager
Contributing Manager	ANNE L CARROLL	ContributingManager

Appication Submission Info AppicationSubmissionInfo

Field	Value	IRS element (for citing)
Recipient Name	A DAVID CARROLL JR	RecipientName

Recipient US Address RecipientUSAddress

Field	Value	IRS element (for citing)
Address Line1	601 MEADOW LANE	AddressLine1
City	READING	City
State	PA	State
ZIP Code	19605	ZIPCode

Field	Value	IRS element (for citing)
Recipient Phone Number	6109293544	RecipientPhoneNumber
Form And Info And Materials	THERE ARE NO APPLICATIONS, STUDENT MUST EXPRESS INTEREST TO ADMINISTRATION.	FormAndInfoAndMaterials
Submission Deadlines	STUDENT MUST EXPRESS INTEREST IN SENIOR YEAR PRIOR TO GRADUATION.	SubmissionDeadlines
Restrictions On Awards	SCHOLARSHIP WILL MOST LIKELY BE NO MORE THAN $1,000 AND MUST BE A STUDENT AT MUHLENBERG HIGH SCHOOL, MUHLENBERG, PA. STUDENT MUST FURNISH HIGH SCHOOL GUIDANCE COUNSELOR AN OFFICAL TRANSCRIPT ONCE FRESHMAN YEAR IS COMPLETE TO VERIFY FUNDS WERE USED TOWARD HIS/HER EDUCATION.	RestrictionsOnAwards

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (8 entries)

Address Line1RecipientUSAddress/AddressLine1	CityRecipientUSAddress/City	StateRecipientUSAddress/State	ZIP CodeRecipientUSAddress/ZIPCode	Recipient RelationshipRecipientRelationship	Recipient Foundation StatusRecipientFoundationStatus	Purpose Of Grant Or ContributionPurposeOfGrantOrContribution	AmountAmount
NATALIA PISZCZEK CO MUHLENBERG HIGH SCHOOL
SHARP AVENUE FRANCIS STREET	LAURELDALE	PA	19605	NONE	N/A	ASSISTANCE FOR EDUCATIONAL EXPENSES	$1,000
COLIN HILL CO MUHLENBERG HIGH SCHOOL
SHARP AVENUE FRANCIS STREET	LAURELDALE	PA	19605	NONE	N/A	ASSISTANCE FOR EDUCATIONAL EXPENSES	$1,000
MUSCULAR DYSTROPHY ASSOSIATION
5940 HAMILTON BLVD SUITE F	ALLENTOWN	PA	18106		PUBLIC CHARITY	CHARITABLE ASSISTANCE	$13,350
JASON FIRESTONE CO MUHLENBERG HIGH SCHOOL
SHARP AVENUE FRANCIS STREET	LAURELDALE	PA	19605	NONE	N/A	ASSISTANCE FOR EDUCATIONAL EXPENSES	$1,000
THE CHILDREN'S HOME OF READING
1010 CENTRE AVENUE	READING	PA	19601		PUBLIC CHARITY	CHARITABLE ASSISTANCE	$4,620
MEETING STREET
1000 EDDY STREET	PROVIDENCE	RI	02905		PUBLIC CHARITY	CHARITABLE ASSISTANCE	$1,000
AUTISM SOCIETY OF AMERICA
4340 EAST-WEST HWY SUITE 350	BETHESDA	MD	20814		PUBLIC CHARITY	CHARITABLE ASSISTANCE	$300
EASTER SEALS
1501 LEHIGH STREET SUITE 201	ALLENTOWN	PA	18103		PUBLIC CHARITY	CHARITABLE ASSISTANCE	$500

Field	Value	IRS element (for citing)
Tot Grant Or Contri Paid During Year	22770	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	$5	ExclusionAmount

Subtotals Part XVIA SubtotalsPartXVIA

Field	Value	IRS element (for citing)
Unrelated Business Income	$0	UnrelatedBusinessIncomeAmount
Exclusion	$5	ExclusionAmount
Related Or Exempt Function Income	0	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Total Part XVIA	5	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

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	A DAVID CARROLL JR	ContributorNameIndividual

Contributor Address US ContributorAddressUS

Field	Value	IRS element (for citing)
Address Line1	601 MEADOW LANE	AddressLine1
City	READING	City
State	PA	State
ZIP Code	19605	ZIPCode

Field	Value	IRS element (for citing)
Aggregate Contributions	35000	AggregateContributions
Person Contribution Type	X	PersonContributionType

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees AccountingFees

Field	Value	IRS element (for citing)
Category	ACCOUNTING FEES	Category
Amount	$900	Amount
Net Investment Income	0	NetInvestmentIncome
Disbursements Charitable Prps	900	DisbursementsCharitablePrps

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses (3 entries)

DescriptionDescription	Revenue And Expenses Per BooksRevenueAndExpensesPerBooks	Disbursements Charitable PrpsDisbursementsCharitablePrps
BANK FEES	150	150
POSTAGE	253	253
OFFICE SUPPLIES	235	235