AVELINA CHARITABLE FOUNDATION INC: Form 990PF, tax year 2010

View the entire original 990 at ProPublica ↗

Organization: AVELINA CHARITABLE FOUNDATION INC (EIN 01-0563707)
Tax period: 2010-01-01 to 2010-12-31
Filed: 2011-05-16
IRS object ID: 201111369349100536
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
All Oth Prog Rltd Investments Sch
General Explanation Attachment
Other Expenses Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2011-05-16T08:01:44-07:00	Timestamp
Tax Period End Date	2010-12-31	TaxPeriodEndDate
Return Type	990PF	ReturnType
Tax Period Begin Date	2010-01-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	010563707	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	AVELINA CHARITABLE FOUNDATION INC	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	AVEL	NameControl
Phone	5086953252	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	3 BELCHER STREET	AddressLine1
City	PLAINVILLE	City
State	MA	State
ZIP Code	02762	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	HENRY G GRILLI	Name
Title	CLERK	Title
Phone	5086953252	Phone
Date Signed	2011-05-15	DateSigned

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	5012	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
Interest On Savings Rev And Expnss	11	InterestOnSavingsRevAndExpnss
Interest On Savings Net Invst Incm	11	InterestOnSavingsNetInvstIncm
Capital Gain Net Incm Net Invst Incm	0	CapitalGainNetIncmNetInvstIncm
Total Revenue And Expenses	11	TotalRevenueAndExpenses
Total Net Investment Income	11	TotalNetInvestmentIncome
Taxes Rev And Expnss	4	TaxesRevAndExpnss
Taxes Net Invst Incm	4	TaxesNetInvstIncm
Other Expenses Rev And Expnss	300	OtherExpensesRevAndExpnss
Tot Opr Expenses Rev And Expnss	304	TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm	4	TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps	0	TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss	27200	ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps	27200	ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss	27504	TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm	4	TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps	27200	TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses	-27493	ExcessOfRevenueOverExpenses
Net Investment Income	7	NetInvestmentIncome

Balance Sheets BalanceSheets

Field	Value	IRS element (for citing)
Cash BOY	2480	CashBOY
Cash EOY	476	CashEOY
Cash EOYFMV	476	CashEOYFMV
Savings And Temp Cash Invst BOY	30025	SavingsAndTempCashInvstBOY
Savings And Temp Cash Invst EOY	4536	SavingsAndTempCashInvstEOY
Savings And Temp Cash Invst EOYFMV	4536	SavingsAndTempCashInvstEOYFMV
Total Assets BOY	32505	TotalAssetsBOY
Total Assets EOY	5012	TotalAssetsEOY
Total Assets EOYFMV	5012	TotalAssetsEOYFMV
Total Liabilities EOY	0	TotalLiabilitiesEOY
Org That Do Not Follow SFAS117	X	OrgThatDoNotFollowSFAS117
Retained Earnings BOY	32505	RetainedEarningsBOY
Retained Earnings EOY	5012	RetainedEarningsEOY
Total Net Assets BOY	32505	TotalNetAssetsBOY
Total Net Assets EOY	5012	TotalNetAssetsEOY
Total Liabilities Net Assets BOY	32505	TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY	5012	TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

Field	Value	IRS element (for citing)
Total Net Assets Fund Balances BOY	32505	TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses	-27493	ExcessOfRevenueOverExpenses
Subtotal	5012	Subtotal
Total Net Assets Fund Balances EOY	5012	TotalNetAssetsFundBalancesEOY

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

Field	Value	IRS element (for citing)
Adj Nonchrtbl Assets And One	0	AdjNonchrtblAssetsAndOnePct
Qualifying Distributions	0	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
Tax Based On Investment Income	0	TaxBasedOnInvestmentIncome
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
Termination Etc	false	TerminationEtc
Requirements Of Sect508e	false	RequirementsOfSect508e
At Least5000 In Assets	true	AtLeast5000InAssets
States Filed With	MA	StatesFiledWith
Form990 PF Filed With AG	true	Form990PFFiledWithAG
Private Operating Foundation	false	PrivateOperatingFoundation
New Substantial Contributors	true	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 Person Name	THE FOUNDATION	BooksInCareOfPersonName
Books In Care Of Phone Number	5086953252	BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

Field	Value	IRS element (for citing)
Address Line1	3 BELCHER STREET	AddressLine1
City	PLAINVILLE	City
State	MA	State
ZIP Code	027621303	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
Uncorrected Prior Acts	false	UncorrectedPriorActs
Undistributed Income Prior Years	false	UndistributedIncomePriorYears
Business Holdings	false	BusinessHoldings
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
Rcv Funds To Pay Prsnl Bnft Contract	false	RcvFundsToPayPrsnlBnftContract
Pay Premiums Prsnl Bnft Contract	false	PayPremiumsPrsnlBnftContract
Prohibited Tax Shelter Transactn	false	ProhibitedTaxShelterTransactn

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (3 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
GERARD C LORUSSO
3 BELCHER STREET	PLAINVILLE	MA	02762	PRES, TREAS TRUSTEE	1.00	0	0	0
JOSEPH J LORUSSO
299 CREEK STREET	WRENTHAM	MA	02093	TRUSTEE	1.00	0	0	0
HENRY G GRILLI
3 BELCHER STREET	PLAINVILLE	MA	02762	CLERK	1.00	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

Minimum Investment Return MinimumInvestmentReturn

Field	Value	IRS element (for citing)
Avg Monthly FMV Of Securities	0	AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances	10874	AvgMonthlyCashBalances
FMV All Other Noncharitable Assets	0	FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets	10874	TotalFMVOfUnusedAssets
Adj Total FMV Of Unused Assets	10874	AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable	163	CashDeemedCharitable
Net Noncharitable Assets	10711	NetNoncharitableAssets
Minimum Investment Return	536	MinimumInvestmentReturn

Distributable DistributableAmount

Field	Value	IRS element (for citing)
Minimum Investment Return	536	MinimumInvestmentReturn
Distributable Amount Before Adj	536	DistributableAmountBeforeAdj
Distributable Amount Before Ded	536	DistributableAmountBeforeDed
Distributable Amount As Adjusted	536	DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

Field	Value	IRS element (for citing)
Expenses And Contributions	27200	ExpensesAndContributions
Qualifying Distributions	27200	QualifyingDistributions
Adj Qualifying Distributions	27200	AdjQualifyingDistributions

Undistributed Income UndistributedIncome

Field	Value	IRS element (for citing)
Distributable Amount As Adjusted	536	DistributableAmountAsAdjusted
Undistributed Income Prior Year	4076	UndistributedIncomePriorYear
Excess Distri Carryover Year5	53103	ExcessDistriCarryoverYear5
Excess Distri Carryover Year4	63513	ExcessDistriCarryoverYear4
Excess Distri Carryover Year3	123025	ExcessDistriCarryoverYear3
Excess Distri Carryover Year2	78200	ExcessDistriCarryoverYear2
Excess Distri Carryover Year1	92450	ExcessDistriCarryoverYear1
Total Excess Distri Carryover	410291	TotalExcessDistriCarryover
Qualifying Distributions	27200	QualifyingDistributions
Remaining Distri From Corpus	27200	RemainingDistriFromCorpus
Total Corpus	437491	TotalCorpus
Taxable Amount2	4076	TaxableAmount2
Undistributed Income CY	536	UndistributedIncomeCY
Excess Distri Cyov From Year5	53103	ExcessDistriCyovFromYear5
Excess Distri Cyov To Next Year	384388	ExcessDistriCyovToNextYear
Excess From Year4	63513	ExcessFromYear4
Excess From Year3	123025	ExcessFromYear3
Excess From Year2	78200	ExcessFromYear2
Excess From Year1	92450	ExcessFromYear1
Excess From Current Year	27200	ExcessFromCurrentYear

Supplementary Information SupplementaryInformation

Field	Value	IRS element (for citing)
Contributing Manager	NONE	ContributingManager
Shareholder Manager	NONE	ShareholderManager

Appication Submission Info AppicationSubmissionInfo (3 entries)

Recipient NameRecipientName	Address Line1RecipientUSAddress/AddressLine1	CityRecipientUSAddress/City	StateRecipientUSAddress/State	ZIP CodeRecipientUSAddress/ZIPCode	Recipient Phone NumberRecipientPhoneNumber	Form And Info And MaterialsFormAndInfoAndMaterials	Submission DeadlinesSubmissionDeadlines	Restrictions On AwardsRestrictionsOnAwards
AVELINA CHARITABLE FOUNDATION	3 BELCHER STREET	PLAINVILLE	MA	02762	5086953252	APPLICATIONS MAY TAKE THE FORM OF A SIGNED LETTER STATING THE PURPOSE AND USE OF THE GRANT. INCLUDE PROGRAM LITERATURE.	NONE	NONE
AVELINA CHARITABLE FOU DATION	3 BELCHER STREET	PLAINVILLE	MA	02762	5086953252	APPLICATIONS MAY TAKE THE FORM OF A SIGNED LETTER STATING THE PURPOSE AND USE OF THE GRANT. INCLUDE PROGRAM LITERATURE.	NONE	NONE
AVELINA CHARITABLE FOUNDATION INC	3 BELCHER STREET	PLAINVILLE	MA	02762	5086953252	APPLICATIONS MAY TAKETHE FORM OF A SIGNED LETTER STATING THE PURPOSE AND USE OF THE GRANT. INCLUDE PROGRAM LITERATURE.	NONE	NONE

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (8 entries)

Address Line1RecipientUSAddress/AddressLine1	CityRecipientUSAddress/City	StateRecipientUSAddress/State	ZIP CodeRecipientUSAddress/ZIPCode	Recipient Foundation StatusRecipientFoundationStatus	Purpose Of Grant Or ContributionPurposeOfGrantOrContribution	AmountAmount
XAVERIAN BROTHERS HIGH SCHOOL
800 CLAPBOARDTREE STREET	WESTWOOD	MA	02090	PUBLIC CHARITY	RELIGIOUS, SCIENTIFIC, EDUCATIONAL	$2,500
KING PHILIP HIGH SCHOOL
201 FRANKLIN STREET	WRENTHAM	MA	02093	PUBLIC CHARITY	RELIGIOUS, SCIENTIFIC, EDUCATIONAL	$2,500
MERCYMOUNT COUNTRY DAY SCHOOL
WRENTHAM RD	CUMBERLAND	RI	02860	PUBLIC CHARITY	RELIGIOUS, SCIENTIFIC, EDUCATIONAL	$3,500
CARITAS NORWOOD HOSPITAL
800 WASHINGTON ST	NORWOOD	MA	02062	PUBLIC CHARITY	RELIGIOUS, SCEINTIFIC, EDUCATIONAL	$2,200
HOCKOMOCK YMCA
3 ELMWOOD STREET	NORTH ATTLEBORO	MA	02762	PUBLIC CHARITY	RELIGIOS, SCEINTIFIC, EDUCATIONAL	$12,500
PAN MASS CHALLENGE
77 4TH AVENUE	NEEDHAM	MA	02494	PUBLIC CHARITY	RELIGIOUS, SCIENTIFIC, EDUCATIONAL	$1,000
DANA FABER CANCER INSTITUTE
450 BROOKLINE AVE	BOSTON	MA	02215	PUBLIC CHARITY	RELIGIOUS, SCIENTIFIC, EDUCATIONAL	$500
STURDY MEMORIAL HOSPITAL
211 PARK STREET	ATTLEBORO	MA	02703	PUBLIC CHARITY	RELIGIOUS, SCIENTIFIC, EDUCATIONAL	$2,500

Field	Value	IRS element (for citing)
Tot Grant Or Contri Paid During Year	27200	TotGrantOrContriPaidDuringYear

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

All Oth Prog Rltd Investments Sch AllOthProgRltdInvestmentsSch

All Oth Prog Rltd Investments AllOthProgRltdInvestments

Field	Value	IRS element (for citing)
Description	N/A	Description

General Explanation Attachment GeneralExplanationAttachment

General Explanation GeneralExplanation

Field	Value	IRS element (for citing)
Identifier	Part VII-A Question 10	Identifier
Explanation	JOSEPH J LORUSSO 299 CREEK STREET WRENTHAM MA 02093 GERARD C LORUSSO 3 BELCHER STREET PLAINVILLE MA 02762 THE AVELINA COMPANIES, INC 3 BELCHER STREET PLAINVILLE MA 02762	Explanation

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses (2 entries)

DescriptionDescription	Revenue And Expenses Per BooksRevenueAndExpensesPerBooks
FILING FEES	50
OTHER FEES	250

Taxes Schedule TaxesSchedule

Taxes Taxes

Field	Value	IRS element (for citing)
Category	2009 990-PF	Category
Amount	$4	Amount
Net Investment Income	4	NetInvestmentIncome