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COMISKY FAMILY FOUNDATION TR: Form 990PF, tax year 2010

View the entire original 990 at ProPublica ↗

Organization
COMISKY FAMILY FOUNDATION TR (EIN 23-7747091)
Tax period
2010-01-01 to 2010-12-31
Filed
2011-08-02
IRS object ID
201102149349100700
Schema version
2010v3.4
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)
Timestamp2011-08-02T09:20:28-05:00Timestamp
Tax Period End Date2010-12-31TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1CITRIN COOPERMAN & COMPANY LLPBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line11800 JFK BOULEVARD 20TH FLOORAddressLine1
CityPHILADELPHIACity
StatePAState
ZIP Code19103ZIPCode
FieldValueIRS element (for citing)
Return Type990PFReturnType
Tax Period Begin Date2010-01-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN237747091EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1THE COMISKY FAMILY FOUNDATION TRUSTBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlCOMINameControl
Phone2158843311Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line11250 GREENWOOD AVE APT 511AddressLine1
CityJENKINTOWNCity
StatePAState
ZIP Code190462904ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameGOLDYE COMISKYName
TitleTRUSTEETitle
Phone2158843311Phone
Date Signed2011-07-31DateSigned
Authorize Third Party1AuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameALAN H MANDELOFFName
Phone2155454800Phone
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 EOY5456FMVAssetsEOY
Method Of Accounting AccrualXMethodOfAccountingAccrual

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Not Required To Attach Schedule BXNotRequiredToAttachScheduleB
Interest On Savings Rev And Expnss12InterestOnSavingsRevAndExpnss
Interest On Savings Net Invst Incm12InterestOnSavingsNetInvstIncm
Dividends Rev And Expnss10DividendsRevAndExpnss
Dividends Net Invst Incm10DividendsNetInvstIncm
Net Gain Sale Assets Rev And Expnss-1587NetGainSaleAssetsRevAndExpnss
Capital Gain Net Incm Net Invst Incm0CapitalGainNetIncmNetInvstIncm
Total Revenue And Expenses-1565TotalRevenueAndExpenses
Total Net Investment Income22TotalNetInvestmentIncome
Comp Ofcr Dir Trst Rev And Expnss0CompOfcrDirTrstRevAndExpnss
Comp Ofcr Dir Trst Net Invst Incm0CompOfcrDirTrstNetInvstIncm
Comp Ofcr Dir Trst Dsbrs Chrtbl Prps0CompOfcrDirTrstDsbrsChrtblPrps
Tot Opr Expenses Rev And Expnss0TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm0TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps0TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss9150ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps9150ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss9150TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm0TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps9150TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses-10715ExcessOfRevenueOverExpenses
Net Investment Income22NetInvestmentIncome

Balance Sheets BalanceSheets

FieldValueIRS element (for citing)
Savings And Temp Cash Invst BOY14112SavingsAndTempCashInvstBOY
Savings And Temp Cash Invst EOY4984SavingsAndTempCashInvstEOY
Savings And Temp Cash Invst EOYFMV4984SavingsAndTempCashInvstEOYFMV
Investments Corp Stock BOY2401InvestmentsCorpStockBOY
Investments Corp Stock EOY814InvestmentsCorpStockEOY
Investments Corp Stock EOYFMV472InvestmentsCorpStockEOYFMV
Total Assets BOY16513TotalAssetsBOY
Total Assets EOY5798TotalAssetsEOY
Total Assets EOYFMV5456TotalAssetsEOYFMV
Total Liabilities BOY0TotalLiabilitiesBOY
Total Liabilities EOY0TotalLiabilitiesEOY
Org That Do Not Follow SFAS117XOrgThatDoNotFollowSFAS117
Capital Stock BOY0CapitalStockBOY
Capital Stock EOY0CapitalStockEOY
Paid In Or Capital Surplus BOY0PaidInOrCapitalSurplusBOY
Paid In Or Capital Surplus EOY0PaidInOrCapitalSurplusEOY
Retained Earnings BOY16513RetainedEarningsBOY
Retained Earnings EOY5798RetainedEarningsEOY
Total Net Assets BOY16513TotalNetAssetsBOY
Total Net Assets EOY5798TotalNetAssetsEOY
Total Liabilities Net Assets BOY16513TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY5798TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

FieldValueIRS element (for citing)
Total Net Assets Fund Balances BOY16513TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses-10715ExcessOfRevenueOverExpenses
Other Increases0OtherIncreases
Subtotal5798Subtotal
Other Decreases0OtherDecreases
Total Net Assets Fund Balances EOY5798TotalNetAssetsFundBalancesEOY

Capital Gains And Losses CapitalGainsAndLosses

Capital Gains And Losses Info CapitalGainsAndLossesInfo

FieldValueIRS element (for citing)
Description Of Asset46 IDEARC INCDescriptionOfAsset
Date Acquired2007-04-24DateAcquired
Date Sold2010-09-30DateSold
Cost Or Other Basis1587CostOrOtherBasis
Gain Or Loss-1587GainOrLoss
Gains Minus Excess Or Losses-1587GainsMinusExcessOrLosses
FieldValueIRS element (for citing)
Capital Gain Net Income-1587CapitalGainNetIncome

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

FieldValueIRS element (for citing)
Liable For4942 Tax0LiableFor4942Tax
Qualifying Distributions Year15169QualifyingDistributionsYear1
Noncharitable Assets Year110126NoncharitableAssetsYear1
Distribution Ratio Year10.510468DistributionRatioYear1
Qualifying Distributions Year25000QualifyingDistributionsYear2
Noncharitable Assets Year211808NoncharitableAssetsYear2
Distribution Ratio Year20.423442DistributionRatioYear2
Qualifying Distributions Year38149QualifyingDistributionsYear3
Noncharitable Assets Year319385NoncharitableAssetsYear3
Distribution Ratio Year30.420377DistributionRatioYear3
Qualifying Distributions Year48548QualifyingDistributionsYear4
Noncharitable Assets Year418310NoncharitableAssetsYear4
Distribution Ratio Year40.466849DistributionRatioYear4
Qualifying Distributions Year55199QualifyingDistributionsYear5
Noncharitable Assets Year513039NoncharitableAssetsYear5
Distribution Ratio Year50.398727DistributionRatioYear5
Total Distribution Ratio2.219863TotalDistributionRatio
Average Distribution Ratio0.443973AverageDistributionRatio
Net Noncharitable Assets11476NetNoncharitableAssets
Adjusted Noncharitable Assets5095AdjustedNoncharitableAssets
One Percent Net Investment Income0OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One5095AdjNonchrtblAssetsAndOnePct
Qualifying Distributions9150QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eXDomesticOrgMeetingSect4940e
Investment Income Excise Tax0InvestmentIncomeExciseTax
Tax Under Section5110TaxUnderSection511
Subtotal0Subtotal
Subtitle A Tax0SubtitleATax
Tax Based On Investment Income0TaxBasedOnInvestmentIncome
Total Credits And Payments0TotalCreditsAndPayments
Tax Due0TaxDue

Statements Regarding Activities StatementsRegardingActivities

FieldValueIRS element (for citing)
Legislative Political Activities0LegislativePoliticalActivities
More Than100 Spent0MoreThan100Spent
Form1120 POL Filed0Form1120POLFiled
Sect4955 Tax On Organization0Sect4955TaxOnOrganization
Sect4955 Tax On Managers0Sect4955TaxOnManagers
Reimbursement Of Tax0ReimbursementOfTax
Activities Not Prev Reported0ActivitiesNotPrevReported
Changes To Articles Or Bylaws0ChangesToArticlesOrBylaws
Unrelated Bus Income Over10000UnrelatedBusIncomeOver1000
Termination Etc0TerminationEtc
Requirements Of Sect508e1RequirementsOfSect508e
At Least5000 In Assets1AtLeast5000InAssets
States Filed WithPAStatesFiledWith
Form990 PF Filed With AG1Form990PFFiledWithAG
Private Operating Foundation0PrivateOperatingFoundation
New Substantial Contributors0NewSubstantialContributors
Interest In Controlled Entity0InterestInControlledEntity
Applicable Insurance Contract0ApplicableInsuranceContract
Comply With Public Inspection Rqr1ComplyWithPublicInspectionRqr
Website AddressN/AWebsiteAddress
Books In Care Of Person NameCITRIN COOPERMAN COMPANYBooksInCareOfPersonName
Books In Care Of Phone Number2155454800BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

FieldValueIRS element (for citing)
Address Line11800 JFK BLVD 20TH FLOORAddressLine1
CityPHILADELPHIACity
StatePAState
ZIP Code19103ZIPCode
FieldValueIRS element (for citing)
Tax Exempt Interest Received0TaxExemptInterestReceived
Foreign Bank0ForeignBank

Statements Regarding Acty4720 StatementsRegardingActy4720

FieldValueIRS element (for citing)
Sale Or Exchange With Dsqfly Person0SaleOrExchangeWithDsqflyPerson
Borrow Or Lend With Dsqfly Person0BorrowOrLendWithDsqflyPerson
Furnished Goods With Dsqfly Person0FurnishedGoodsWithDsqflyPerson
Pay Compensation To Dsqfly Person0PayCompensationToDsqflyPerson
Transfer Assets To Dsqfly Person0TransferAssetsToDsqflyPerson
Payment To Government Offical0PaymentToGovernmentOffical
Uncorrected Prior Acts0UncorrectedPriorActs
Undistributed Income Prior Years0UndistributedIncomePriorYears
Business Holdings0BusinessHoldings
Jeopardy Investments0JeopardyInvestments
Uncorrected Jeopardy Investments0UncorrectedJeopardyInvestments
Influence Legislation0InfluenceLegislation
Influence Election0InfluenceElection
Grants To Individuals0GrantsToIndividuals
Grants To Organizations0GrantsToOrganizations
Noncharitable Purpose0NoncharitablePurpose
Rcv Funds To Pay Prsnl Bnft Contract0RcvFundsToPayPrsnlBnftContract
Pay Premiums Prsnl Bnft Contract0PayPremiumsPrsnlBnftContract
Prohibited Tax Shelter Transactn0ProhibitedTaxShelterTransactn

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee

FieldValueIRS element (for citing)
Person NameGOLDYE COMISKYPersonName

US Address USAddress

FieldValueIRS element (for citing)
Address Line11250 GREENWOOD AVE APT 511AddressLine1
CityJENKINTOWNCity
StatePAState
ZIP Code190462904ZIPCode
FieldValueIRS element (for citing)
TitleTRUSTEETitle
Avg Hours Per Wk Devoted To Position5.00AvgHoursPerWkDevotedToPosition
Compensation0Compensation
Contri To Empl Benefit Plans Etc0ContriToEmplBenefitPlansEtc
Expense Account Other Allowances0ExpenseAccountOtherAllowances
FieldValueIRS element (for citing)
Comp Of Highest Paid Empl NONENONECompOfHighestPaidEmplNONE
Tot Number Of Oth Empl Paid Over50k0TotNumberOfOthEmplPaidOver50k
Comp Of Hghst Paid Cntrct NONENONECompOfHghstPaidCntrctNONE
Tot Number Of Cntrct Paid Over50k0TotNumberOfCntrctPaidOver50k

Summary Of Direct Charitable Acty SummaryOfDirectCharitableActy

FieldValueIRS element (for citing)
Description1THE FOUNDATION IS A PRIVATE NON-OPERATING FOUNDATION AND AS SUCH ITS ONLY ACTIVITY IS TO MAKE GRANTS/CONTRIBUTIONS TO OTHER 501(C)(3) ORGANIZATIONS, MAINLY TO PUBLIC CHARITIES.Description1
Expenses10Expenses1

Sum Of Program Related Investments SumOfProgramRelatedInvestments

FieldValueIRS element (for citing)
Total0Total

Minimum Investment Return MinimumInvestmentReturn

FieldValueIRS element (for citing)
Avg Monthly FMV Of Securities375AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances11276AvgMonthlyCashBalances
FMV All Other Noncharitable Assets0FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets11651TotalFMVOfUnusedAssets
Reduction Claimed0ReductionClaimed
Acquisition Indebtedness0AcquisitionIndebtedness
Adj Total FMV Of Unused Assets11651AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable175CashDeemedCharitable
Net Noncharitable Assets11476NetNoncharitableAssets
Minimum Investment Return574MinimumInvestmentReturn

Distributable DistributableAmount

FieldValueIRS element (for citing)
Minimum Investment Return574MinimumInvestmentReturn
Total Tax0TotalTax
Distributable Amount Before Adj574DistributableAmountBeforeAdj
Recoveries Qlfy Distributions0RecoveriesQlfyDistributions
Distributable Amount Before Ded574DistributableAmountBeforeDed
Deduction Fr Distributable$0DeductionFrDistributableAmount
Distributable Amount As Adjusted574DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

FieldValueIRS element (for citing)
Expenses And Contributions9150ExpensesAndContributions
Program Related Investments Total0ProgramRelatedInvestmentsTotal
Qualifying Distributions9150QualifyingDistributions
One Pct Sect4940e Org Net Invst Incm0OnePctSect4940eOrgNetInvstIncm
Adj Qualifying Distributions9150AdjQualifyingDistributions

Undistributed Income UndistributedIncome

FieldValueIRS element (for citing)
Distributable Amount As Adjusted574DistributableAmountAsAdjusted
Undistributed Income Prior Year0UndistributedIncomePriorYear
Total For Prior Years0TotalForPriorYears
Excess Distri Carryover Year54549ExcessDistriCarryoverYear5
Excess Distri Carryover Year47636ExcessDistriCarryoverYear4
Excess Distri Carryover Year37182ExcessDistriCarryoverYear3
Excess Distri Carryover Year24410ExcessDistriCarryoverYear2
Excess Distri Carryover Year14725ExcessDistriCarryoverYear1
Total Excess Distri Carryover28502TotalExcessDistriCarryover
Qualifying Distributions9150QualifyingDistributions
Applied To Year10AppliedToYear1
Applied To Prior Years0AppliedToPriorYears
Treated As Distri From Corpus0TreatedAsDistriFromCorpus
Applied To Current Year574AppliedToCurrentYear
Remaining Distri From Corpus8576RemainingDistriFromCorpus
Excess Distri Cyov App CY Corpus0ExcessDistriCyovAppCYCorpus
Excess Distri Cyov Applied CY0ExcessDistriCyovAppliedCY
Total Corpus37078TotalCorpus
Prior Year Undistributed Income0PriorYearUndistributedIncome
Prior Year Deficiency Or Tax0PriorYearDeficiencyOrTax
Taxable Amount10TaxableAmount1
Taxable Amount20TaxableAmount2
Undistributed Income CY0UndistributedIncomeCY
Distri From Corpus170b1 E Or4942g30DistriFromCorpus170b1EOr4942g3
Excess Distri Cyov From Year54549ExcessDistriCyovFromYear5
Excess Distri Cyov To Next Year32529ExcessDistriCyovToNextYear
Excess From Year47636ExcessFromYear4
Excess From Year37182ExcessFromYear3
Excess From Year24410ExcessFromYear2
Excess From Year14725ExcessFromYear1
Excess From Current Year8576ExcessFromCurrentYear

Supplementary Information SupplementaryInformation

FieldValueIRS element (for citing)
Only Contributes To PreselectedXOnlyContributesToPreselected

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (5 entries)

Address Line1RecipientUSAddress/AddressLine1CityRecipientUSAddress/CityStateRecipientUSAddress/StateZIP CodeRecipientUSAddress/ZIPCodeRecipient RelationshipRecipientRelationshipRecipient Foundation StatusRecipientFoundationStatusPurpose Of Grant Or ContributionPurposeOfGrantOrContributionAmountAmount
JEWISH FEDERATION OF GREATER PHILADELPHI
2100 ARCH STREET 3RD FLOORPHILADELPHIAPA19103N/A501CSUPPORT$5,000
BETH SHOLOM CONGREGATION
8231 OLD YORK ROADELKINS PARKPA19027N/A501CSUPPORT$750
SUSAN GKOMEN FOR THE CURE
5005 LYNDON B JOHNSON FREEWAYDALLASTX75244N/A501CSUPPORT$100
FRIENDS OF AKIM USA
220 EAST 23RD STREETNEW YORKNY10010N/A501CSUPPORT$3,000
GIFT OF LIFE BONE MARROW FOUNDATION
800 YAMATO ROAD SUITE 101BOCA RATONFL33431N/A501CSUPPORT$300
FieldValueIRS element (for citing)
Tot Grant Or Contri Paid During Year9150TotGrantOrContriPaidDuringYear
Tot Grant Or Contri Approved Future0TotGrantOrContriApprovedFuture

Analysis Income Producing Acty AnalysisIncomeProducingActy

Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst

FieldValueIRS element (for citing)
Related Or Exempt Function Income12RelatedOrExemptFunctionIncome

Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII

FieldValueIRS element (for citing)
Related Or Exempt Function Income10RelatedOrExemptFunctionIncome

Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry

FieldValueIRS element (for citing)
Related Or Exempt Function Income-1587RelatedOrExemptFunctionIncome

Subtotals Part XVIA SubtotalsPartXVIA

FieldValueIRS element (for citing)
Unrelated Business Income$0UnrelatedBusinessIncomeAmount
Exclusion$0ExclusionAmount
Related Or Exempt Function Income-1565RelatedOrExemptFunctionIncome
FieldValueIRS element (for citing)
Total Part XVIA-1565TotalPartXVIA

Rln Of Acty To Accom Of Exempt Prps RlnOfActyToAccomOfExemptPrps

Rln Of Acty To Accom Of Exempt Prps RlnOfActyToAccomOfExemptPrps

FieldValueIRS element (for citing)
Line Number3LineNumber
Relationship StatementALL FUNDS ARE USED TO PROVIDE FINANCIAL SUPPORT TO OTHER SECTION 501 (C)(3) ORGANIZATIONS WHICH COMPLIES WITH THE TAXPAYER'S EXEMPT PURPOSE.RelationshipStatement

Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO

FieldValueIRS element (for citing)
Trnsfr Of Cash To Noncharitable EO0TrnsfrOfCashToNoncharitableEO
Trnsfr Oth Assets Noncharitable EO0TrnsfrOthAssetsNoncharitableEO
Sales Or Exchanges Of Assets0SalesOrExchangesOfAssets
Purchase Assets Noncharitable EO0PurchaseAssetsNoncharitableEO
Rental Of Facilities Etc0RentalOfFacilitiesEtc
Reimbursement Arrangements0ReimbursementArrangements
Loans Or Loan Guarantees0LoansOrLoanGuarantees
Performance Of Services Etc0PerformanceOfServicesEtc
Sharing Of Facilities Etc0SharingOfFacilitiesEtc
Relationships Noncharitable E Os0RelationshipsNoncharitableEOs

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corp Stock InvestmentsCorpStock

FieldValueIRS element (for citing)
Name Of StockCORPORATE STOCKNameOfStock
EOY Book Value814EOYBookValue
EOYFMV472EOYFMV