ESTHER B OKEEFFE CHARITABLE TR FOUNDATION: Form 990PF, tax year 2010

View the entire original 990 at ProPublica ↗

Organization: ESTHER B OKEEFFE CHARITABLE TR FOUNDATION (EIN 65-0244287)
Tax period: 2010-01-01 to 2010-12-31
Filed: 2011-05-16
IRS object ID: 201111369349101856
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
Legal Fees Schedule
Other Assets Schedule
Other Expenses Schedule
Other Income Schedule2
Other Professional Fees Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2011-05-16T12:29:47-07:00	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	RODERICK C MOE CPA PA	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	3199 LAKE WORTH RD STE B3	AddressLine1
City	LAKE WORTH	City
State	FL	State
ZIP Code	334613652	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	650244287	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	Esther B OKeeffe Charitable Foundation	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	ESTH	NameControl
Phone	5616495109	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO Box 110	AddressLine1
City	Palm Beach	City
State	FL	State
ZIP Code	33480	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	Arthur O'Keeffe	Name
Title	Trustee	Title
Date Signed	2011-05-16	DateSigned

Preparer Preparer

Field	Value	IRS element (for citing)
Name	Roderick C Moe	Name
Phone	5616495109	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	883401	DividendsRevAndExpnss
Dividends Net Invst Incm	883401	DividendsNetInvstIncm
Net Gain Sale Assets Rev And Expnss	1641489	NetGainSaleAssetsRevAndExpnss
Gross Sales Price	24522467	GrossSalesPrice
Other Income Rev And Expnss	-174800	OtherIncomeRevAndExpnss
Total Revenue And Expenses	2350090	TotalRevenueAndExpenses
Total Net Investment Income	883401	TotalNetInvestmentIncome
Comp Ofcr Dir Trst Rev And Expnss	566140	CompOfcrDirTrstRevAndExpnss
Comp Ofcr Dir Trst Net Invst Incm	141535	CompOfcrDirTrstNetInvstIncm
Comp Ofcr Dir Trst Dsbrs Chrtbl Prps	424605	CompOfcrDirTrstDsbrsChrtblPrps
Legal Fees Rev And Expnss	79071	LegalFeesRevAndExpnss
Legal Fees Net Invst Incm	79071	LegalFeesNetInvstIncm
Accounting Fees Rev And Expnss	41395	AccountingFeesRevAndExpnss
Accounting Fees Net Invst Incm	41395	AccountingFeesNetInvstIncm
Other Prof Fees Rev And Expnss	157228	OtherProfFeesRevAndExpnss
Other Prof Fees Net Invst Incm	157228	OtherProfFeesNetInvstIncm
Interest Rev And Expnss	614	InterestRevAndExpnss
Interest Net Invst Incm	614	InterestNetInvstIncm
Taxes Rev And Expnss	12065	TaxesRevAndExpnss
Taxes Net Invst Incm	12065	TaxesNetInvstIncm
Deprec And Depletion Rev And Expnss	0	DeprecAndDepletionRevAndExpnss
Other Expenses Rev And Expnss	8451	OtherExpensesRevAndExpnss
Other Expenses Net Invst Incm	8451	OtherExpensesNetInvstIncm
Tot Opr Expenses Rev And Expnss	864964	TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm	440359	TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps	424605	TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss	1000000	ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps	1000000	ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss	1864964	TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm	440359	TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps	1424605	TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses	485126	ExcessOfRevenueOverExpenses
Net Investment Income	443042	NetInvestmentIncome

Balance Sheets BalanceSheets

Field	Value	IRS element (for citing)
Cash BOY	4745584	CashBOY
Cash EOY	1538638	CashEOY
Investments Govt Oblig BOY	132390	InvestmentsGovtObligBOY
Investments Govt Oblig EOY	284333	InvestmentsGovtObligEOY
Investments Corp Stock BOY	12204108	InvestmentsCorpStockBOY
Investments Corp Stock EOY	12603537	InvestmentsCorpStockEOY
Investments Corp Bonds BOY	4479050	InvestmentsCorpBondsBOY
Investments Corp Bonds EOY	10638042	InvestmentsCorpBondsEOY
Investments Other BOY	10520000	InvestmentsOtherBOY
Investments Other EOY	7504000	InvestmentsOtherEOY
Other Assets BOY	9892	OtherAssetsBOY
Other Assets EOY	7600	OtherAssetsEOY
Total Assets BOY	32091024	TotalAssetsBOY
Total Assets EOY	32576150	TotalAssetsEOY
Total Assets EOYFMV	0	TotalAssetsEOYFMV
Total Liabilities EOY	0	TotalLiabilitiesEOY
Org That Do Not Follow SFAS117	X	OrgThatDoNotFollowSFAS117
Retained Earnings BOY	32091024	RetainedEarningsBOY
Retained Earnings EOY	32576150	RetainedEarningsEOY
Total Net Assets BOY	32091024	TotalNetAssetsBOY
Total Net Assets EOY	32576150	TotalNetAssetsEOY
Total Liabilities Net Assets BOY	32091024	TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY	32576150	TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

Field	Value	IRS element (for citing)
Total Net Assets Fund Balances BOY	32091024	TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses	485126	ExcessOfRevenueOverExpenses
Subtotal	32576150	Subtotal
Total Net Assets Fund Balances EOY	32576150	TotalNetAssetsFundBalancesEOY

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

Field	Value	IRS element (for citing)
Liable For4942 Tax	false	LiableFor4942Tax
Qualifying Distributions Year1	2482798	QualifyingDistributionsYear1
Noncharitable Assets Year1	33635851	NoncharitableAssetsYear1
Distribution Ratio Year1	0.07381	DistributionRatioYear1
Qualifying Distributions Year2	2679361	QualifyingDistributionsYear2
Noncharitable Assets Year2	39702333	NoncharitableAssetsYear2
Distribution Ratio Year2	0.06749	DistributionRatioYear2
Qualifying Distributions Year3	2296999	QualifyingDistributionsYear3
Noncharitable Assets Year3	43264488	NoncharitableAssetsYear3
Distribution Ratio Year3	0.05309	DistributionRatioYear3
Qualifying Distributions Year4	610000	QualifyingDistributionsYear4
Noncharitable Assets Year4	40068369	NoncharitableAssetsYear4
Distribution Ratio Year4	0.01522	DistributionRatioYear4
Qualifying Distributions Year5	600000	QualifyingDistributionsYear5
Noncharitable Assets Year5	37815055	NoncharitableAssetsYear5
Distribution Ratio Year5	0.01587	DistributionRatioYear5
Total Distribution Ratio	0.22548	TotalDistributionRatio
Average Distribution Ratio	0.04510	AverageDistributionRatio
Net Noncharitable Assets	34505263	NetNoncharitableAssets
Adjusted Noncharitable Assets	1556084	AdjustedNoncharitableAssets
One Percent Net Investment Income	4430	OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One	1560514	AdjNonchrtblAssetsAndOnePct
Qualifying Distributions	1424605	QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

Field	Value	IRS element (for citing)
Investment Income Excise Tax	8861	InvestmentIncomeExciseTax
Subtotal	8861	Subtotal
Tax Based On Investment Income	8861	TaxBasedOnInvestmentIncome
Est Tax Payments And Overpayment	7600	EstTaxPaymentsAndOverpayment
Total Credits And Payments	7600	TotalCreditsAndPayments
Tax Due	1261	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	Roderick C Moe CPA PA	BusinessNameLine1

Field	Value	IRS element (for citing)
Books In Care Of Phone Number	5616495109	BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

Field	Value	IRS element (for citing)
Address Line1	3199 Lake Worth Road Suite B-3	AddressLine1
City	Lake Worth	City
State	FL	State
ZIP Code	33461	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 (5 entries)

Address Line1USAddress/AddressLine1	CityUSAddress/City	StateUSAddress/State	ZIP CodeUSAddress/ZIPCode	TitleTitle	Avg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPosition	CompensationCompensation
Ruth Callahan O'Keeffe
389 S Lake Drive	Palm Beach	FL	33480	Trustee	40.00	65228
Daniel O'Keeffe
389 S Lake Drive	Palm Beach	FL	33480	Trustee	40.00	125228
Brian O'Keeffe
389 S Lake Drive	Palm Beach	FL	33480	Trustee	40.00	125228
Clare O'Keeffe
389 S Lake Drive	Palm Beach	FL	33480	Trustee	40.00	125228
Arthur O'Keeffe
389 S Lake Drive	Palm Beach	FL	33480	Trustee	40.00	125228

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	32221801	AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances	2808923	AvgMonthlyCashBalances
FMV All Other Noncharitable Assets	0	FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets	35030724	TotalFMVOfUnusedAssets
Reduction Claimed	0	ReductionClaimed
Adj Total FMV Of Unused Assets	35030724	AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable	525461	CashDeemedCharitable
Net Noncharitable Assets	34505263	NetNoncharitableAssets
Minimum Investment Return	1725263	MinimumInvestmentReturn

Distributable DistributableAmount

Field	Value	IRS element (for citing)
Minimum Investment Return	1725263	MinimumInvestmentReturn
Tax Based On Investment Income	8861	TaxBasedOnInvestmentIncome
Total Tax	8861	TotalTax
Distributable Amount Before Adj	1716402	DistributableAmountBeforeAdj
Distributable Amount Before Ded	1716402	DistributableAmountBeforeDed
Distributable Amount As Adjusted	1716402	DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

Field	Value	IRS element (for citing)
Expenses And Contributions	1424605	ExpensesAndContributions
Qualifying Distributions	1424605	QualifyingDistributions
Adj Qualifying Distributions	1424605	AdjQualifyingDistributions

Undistributed Income UndistributedIncome

Field	Value	IRS element (for citing)
Distributable Amount As Adjusted	1716402	DistributableAmountAsAdjusted
Excess Distri Carryover Year3	159777	ExcessDistriCarryoverYear3
Excess Distri Carryover Year2	713942	ExcessDistriCarryoverYear2
Excess Distri Carryover Year1	815829	ExcessDistriCarryoverYear1
Total Excess Distri Carryover	1689548	TotalExcessDistriCarryover
Qualifying Distributions	1424605	QualifyingDistributions
Treated As Distri From Corpus	0	TreatedAsDistriFromCorpus
Applied To Current Year	1424605	AppliedToCurrentYear
Excess Distri Cyov App CY Corpus	291797	ExcessDistriCyovAppCYCorpus
Excess Distri Cyov Applied CY	291797	ExcessDistriCyovAppliedCY
Total Corpus	1397751	TotalCorpus
Undistributed Income CY	0	UndistributedIncomeCY
Excess Distri Cyov To Next Year	1397751	ExcessDistriCyovToNextYear
Excess From Year2	581922	ExcessFromYear2
Excess From Year1	815829	ExcessFromYear1

Supplementary Information SupplementaryInformation

Field	Value	IRS element (for citing)
Only Contributes To Preselected	X	OnlyContributesToPreselected

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
Salvation Army
104 Prince Street B	Anericus	GA	31709	None	590(a)1	To Further Purpose of the Donee Organization	$25,000
Penn State University
308 Old Main	University Park	PA	16802	None	590(a)1	To Further Purpose of the Donee Organization	$100,000
UC Regents
7053 Shafter Avenue	Shafter	CA	93263	None	590(a)1	To Further Purpose of the Donee Organization	$200,000
Bascom Palmer Eye Institute
990 NW 17th Street	Miami	FL	33136	None	590(a)1	To Further Purpose of the Donee Organization	$200,000
Junior League of the Palm Beaches I
470 Columbia Drive Bldg F	West Palm Beach	FL	33409	None	590(a)1	To Further Purpose of the Donee Organization	$25,000
Scripps Research Inst DrsDingBaldwi
10550 North Torrey Pines Road	La Jolla	CA	92037	None	590(a)1	To Further Purpose of the Donee Organization	$150,000
Scripps Research Institute Dr Lorin
10550 North Torrey Pines Road	La Jolla	CA	92037	None	590(a)1	To Further Purpose of the Donee Organization	$150,000
Georgia O'Keeffe Museum
217 Johnson Street	Santa Fe	NM	87501	None	590(a)1	To Further Purpose of the the Donee Organization	$150,000

Field	Value	IRS element (for citing)
Tot Grant Or Contri Paid During Year	1000000	TotGrantOrContriPaidDuringYear

Analysis Income Producing Acty AnalysisIncomeProducingActy

Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII

Field	Value	IRS element (for citing)
Exclusion Code	14	ExclusionCode
Exclusion	$883,401	ExclusionAmount

Other Investment Income Part VII OtherInvestmentIncomePartVII

Field	Value	IRS element (for citing)
Exclusion Code	14	ExclusionCode
Exclusion	$174,800	ExclusionAmount

Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry

Field	Value	IRS element (for citing)
Exclusion Code	18	ExclusionCode
Exclusion	$1,581,489	ExclusionAmount
Related Or Exempt Function Income	60000	RelatedOrExemptFunctionIncome

Subtotals Part XVIA SubtotalsPartXVIA

Field	Value	IRS element (for citing)
Exclusion	$2,290,090	ExclusionAmount
Related Or Exempt Function Income	60000	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Total Part XVIA	2350090	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)
Category	Roderick C. Moe CPA PA	Category
Amount	$41,395	Amount
Net Investment Income	41395	NetInvestmentIncome
Adjusted Net Income	0	AdjustedNetIncome
Disbursements Charitable Prps	0	DisbursementsCharitablePrps

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFees

Field	Value	IRS element (for citing)
Category	Comiter,Singer, Baseman	Category
Amount	$79,071	Amount
Net Investment Income	79071	NetInvestmentIncome
Adjusted Net Income	0	AdjustedNetIncome
Disbursements Charitable Prps	0	DisbursementsCharitablePrps

Other Assets Schedule OtherAssetsSchedule

Other Assets OtherAssets

Field	Value	IRS element (for citing)
Description	Prepaid Estimated Taxes	Description
BOY Book Value	3191	BOYBookValue
EOY Book Value	7600	EOYBookValue

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses (2 entries)

DescriptionDescription	Revenue And Expenses Per BooksRevenueAndExpensesPerBooks	Net Investment IncomeNetInvestmentIncome
Various Expenses - Partnership Invs.	8077	8077
Bank & Wire Fees	374	374

Other Income Schedule2 OtherIncomeSchedule2

Other Income OtherIncome

Field	Value	IRS element (for citing)
Description	Other Investment Income	Description
Revenue And Expenses Per Books	-174800	RevenueAndExpensesPerBooks

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees OtherProfessionalFees

Field	Value	IRS element (for citing)
Category	Investment Advisory Fees	Category
Amount	$157,228	Amount
Net Investment Income	157228	NetInvestmentIncome
Adjusted Net Income	0	AdjustedNetIncome
Disbursements Charitable Prps	0	DisbursementsCharitablePrps

Taxes Schedule TaxesSchedule

Taxes Taxes (2 entries)

CategoryCategory	AmountAmount	Net Investment IncomeNetInvestmentIncome
Foreign Tax Withheld on Dividends	$4,653	4653
2009 Federal Tax Liability	$7,412	7412