THE BARBARA@PICASSO REX FOUNDATION: Form 990PF, tax year 2025
View the entire original 990 at ProPublica ↗
- Organization
- THE BARBARA@PICASSO REX FOUNDATION (EIN 38-7147651)
- Tax period
- 2025-01-01 to 2025-12-31
- Filed
- 2026-05-14
- IRS object ID
- 202601349349102940
- Schema version
- 2025v4.1
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2026-05-14T12:26:26-05:00 | ReturnTs |
| Tax Period End | 2025-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 232770983 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HECKSCHER TEILLON TERRILL & SAGER PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1001 CONSHOHOCKEN STATE RD STE | AddressLine1Txt |
| Address Line2 | 1-300 | AddressLine2Txt |
| City | WEST CONSHOHOCKEN | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19428 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2025-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 387147651 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE BARBARA PICASSO REX FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | BARB | BusinessNameControlTxt |
| Phone | 6109404179 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1001 CONSHOHOCKEN ST RD 1-300 | AddressLine1Txt |
| City | W CONSHOHOCKEN | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19428 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JAMES W HIGLEY | PersonNm |
| Person Title | TRUSTEE | PersonTitleTxt |
| Phone | 6109404179 | PhoneNum |
| Signature | 2026-05-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | THOMAS O HISCOTT | PreparerPersonNm |
| PTIN | P00554956 | PTIN |
| Phone | 6109402600 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2025 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $1,562,398 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $3 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $3 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $34,112 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $34,112 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $28,176 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $106,524 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $28,176 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $62,291 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $62,291 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $11,015 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $5,507 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $5,508 | CompOfcrDirTrstDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $5,144 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $5,144 | LegalFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $23 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $23 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $16,182 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $5,530 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $10,652 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $48,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $48,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $64,182 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $5,530 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $58,652 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$1,891 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $56,761 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $9,169 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $7,551 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $7,551 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $1,121,083 | CorporateStockBOYAmt |
| Corporate Stock EOY | $1,120,810 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $1,554,847 | CorporateStockEOYFMVAmt |
| Total Assets BOY | $1,130,252 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,128,361 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $1,562,398 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $1,130,252 | RetainedEarningBOYAmt |
| Retained Earning EOY | $1,128,361 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $1,130,252 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $1,128,361 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $1,130,252 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $1,128,361 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $1,130,252 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$1,891 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $1,128,361 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $1,128,361 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (48 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| 100 AMGEN INC, | P | 2024-12-20 | 2025-02-13 | $29,178 | $26,471 | $2,707 | $2,707 |
| 70 BNY MELLON ENHANCED | P | 2025-12-30 | $1,884 | $1,790 | $94 | $94 | |
| 1S CALL ELI LILLY AND CO | P | 2025-01-02 | 2025-01-02 | $944 | $56 | $888 | $888 |
| 1S CALL HONEYWELL INTL INC | P | 2025-09-30 | 2025-11-21 | $134 | $134 | $134 | |
| 2S CALL ISHR RUSSELL 2000 | P | 2025-05-06 | 2025-06-20 | $237 | $237 | $237 | |
| 2S CALL ISHR RUSSELL 2000 | P | 2025-06-30 | 2025-08-15 | $133 | $133 | $133 | |
| 2S CALL ISHR RUSSELL 2000 | P | 2025-08-20 | 2025-10-17 | $199 | $199 | $199 | |
| 2S CALL ISHR RUSSELL 2000 | P | 2025-10-24 | 2025-12-19 | $245 | $245 | $245 | |
| 1S CALL LOCKHEED MARTIN CORP | P | 2025-01-02 | 2025-01-02 | $304 | $304 | $304 | |
| 1S CALL PALO ALTO NETWORKS | P | 2025-08-20 | 2025-10-17 | $96 | $96 | $96 | |
| 1S PALO ALTO NETWORKS | P | 2025-10-24 | 2025-12-19 | $297 | $297 | $297 | |
| 4S CALL VNGRD S&P 500 | P | 2025-06-06 | 2025-07-18 | $117 | $117 | $117 | |
| 4S CALL VNGRD S&P 500 | P | 2025-09-30 | 2025-11-21 | $257 | $257 | $257 | |
| 100 MICROSOFT CORP | P | 2025-03-18 | 2025-06-20 | $47,668 | $40,596 | $7,072 | $7,072 |
| 1S PUT CROWDSTRIKE HLDGS | P | 2024-11-21 | 2025-01-17 | $509 | $509 | $509 | |
| 1S PUT CROWDSTRIKE HLDGS | P | 2025-01-24 | 2025-03-21 | $654 | $654 | $654 | |
| 1S PUT CROWDSTRIKE HLDGS | P | 2025-06-06 | 2025-07-18 | $314 | $314 | $314 | |
| 1S PUT CROWDSTRIKE HLDGS | P | 2025-07-25 | 2025-09-19 | $789 | $789 | $789 | |
| 1S PUT CROWDSTRIKE HLDGS | P | 2025-09-30 | 2025-11-21 | $609 | $609 | $609 | |
| 1S PUT ELI LILLY AND CO | P | 2025-09-30 | 2025-11-21 | $704 | $704 | $704 | |
| 1S PUT ELI LILLY AND CO | P | 2025-06-06 | 2025-07-18 | $794 | $794 | $794 | |
| 1S PUT ELI LILLY AND CO | P | 2025-07-25 | 2025-09-19 | $774 | $774 | $774 | |
| 1S PUT ELI LILLY AND CO | P | 2025-02-11 | 2025-03-21 | $671 | $671 | $671 | |
| 1S PUT HONEYWELL INTL INC | P | 2024-11-21 | 2025-01-17 | $129 | $129 | $129 | |
| 1S PUT HONEYWELL INTL INC | P | 2025-01-24 | 2025-03-21 | $319 | $319 | $319 | |
| 1S PUT HONEYWELL INTL INC | P | 2025-06-06 | 2025-07-18 | $79 | $79 | $79 | |
| 2S PUT ISHR RUSSELL 2000 | P | 2024-12-27 | 2025-02-21 | $391 | $391 | $391 | |
| 8S PUT ISHR S&P CORE MD CP | P | 2024-12-27 | 2025-02-21 | $155 | $155 | $155 | |
| 1S PUT JPMORGAN CHASE & CO | P | 2024-12-27 | 2025-02-21 | $177 | $177 | $177 | |
| 3S PUT JPMORGAN CHASE & CO | P | 2024-11-21 | 2025-01-17 | $499 | $499 | $499 | |
| 2S PUT JPMORGAN CHASE & CO | P | 2024-05-06 | 2025-06-20 | $361 | $361 | $361 | |
| 3S PUT JPMORGAN CHASE & CO | P | 2025-01-24 | 2025-03-21 | $388 | $388 | $388 | |
| 2S PUT JPMORGAN CHASE & CO | P | 2025-06-30 | 2025-08-15 | $335 | $335 | $335 | |
| 2S PUT JPMORGAN CHASE & CO | P | 2025-08-20 | 2025-10-17 | $539 | $539 | $539 | |
| 2S PUT JPMORGAN CHASE & CO | P | 2025-10-24 | 2025-12-19 | $475 | $475 | $475 | |
| 1S PUT MICROSOFT CORP | P | 2024-11-21 | 2025-01-17 | $534 | $534 | $534 | |
| 1S PUT MICROSOFT CORP | P | 2025-06-30 | 2025-08-15 | $319 | $319 | $319 | |
| 1S PUT MICROSOFT CORP | P | 2025-08-20 | 2025-10-17 | $304 | $304 | $304 | |
| 1S PUT MICROSOFT CORP | P | 2025-10-24 | 2025-12-19 | $474 | $474 | $474 | |
| 1S PUT PALO ALTO NETWORKS | P | 2025-05-06 | 2025-06-20 | $334 | $334 | $334 | |
| 1S PUT ROCKWELL AUTOMATION | P | 2024-12-27 | 2025-02-21 | $349 | $349 | $349 | |
| 1S PUT ROCKWELL AUTOMATION | P | 2025-09-30 | 2025-11-21 | $324 | $324 | $324 | |
| 1S PUT ROCKWELL AUTOMATION | P | 2025-07-25 | 2025-09-19 | $279 | $279 | $279 | |
| 2S PUT RTX CORP | P | 2025-02-11 | 2025-03-21 | $165 | $165 | $165 | |
| 2S PUT TEXTRON INC | P | 2025-02-11 | 2025-03-21 | $79 | $79 | $79 | |
| 4S PUT VNGRD S&P 500 | P | 2024-11-21 | 2025-01-17 | $1,277 | $1,277 | $1,277 | |
| 312 BNY MELLON ENHANCED DIVDED INCOM ETF | P | 2025-12-30 | $8,364 | $9,435 | -$1,071 | -$1,071 | |
| CAPITAL GAINS DIVIDENDS | P | $2,364 | $2,364 | $2,364 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $28,176 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $789 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $789 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $789 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $959 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $959 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $170 | OverpaymentAmt |
| Applied To ES Tax | $170 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | PA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HECKSCHER TEILLON TERRILL & SAGER PC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6109402600 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1001 CONSHOHOCKEN ST RD STE 1-300 | AddressLine1Txt |
| City | WEST CONSHOHOCKEN | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19428 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JAMES W HIGLEY | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4 HANOVER ROAD UNIT C3 | AddressLine1Txt |
| City | FLORHAM PARK | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07932 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | TRUSTEE | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 5.00 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $11,015 | CompensationAmt |
| Employee Benefit Program | $0 | EmployeeBenefitProgramAmt |
| Expense Account Other Allwnc | $0 | ExpenseAccountOtherAllwncAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $1,484,605 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $5,981 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $1,490,586 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $1,490,586 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $22,359 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $1,468,227 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $73,411 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $73,411 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $789 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $789 | TotalTaxAmt |
| Distributable Before Adj | $72,622 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $72,622 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $72,622 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $58,652 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $58,652 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $72,622 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $47,305 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $58,652 | QualifyingDistributionsAmt |
| Applied To Year1 | $47,305 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $11,347 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $61,275 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (10 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusCd | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| AMERICAN CIVIL LIBERTIES UNION | ||||||
| 125 BROAD ST 18TH FLOOR | NEW YORK | NY | 10004 | NC | GENERAL FUND | $2,000 |
| GERMANTOWN FRIENDS SCHOOL | ||||||
| 31 W COULTER STREET | PHILADELPHIA | PA | 19144 | NC | GENERAL FUND | $8,000 |
| GO2 FOR LUNG CANCER (FKA LUNG CANCER ALLIANCE) | ||||||
| 1700 K ST NW SUITE 660 | WASHINGTON | DC | 20006 | NC | GENERAL FUND | $2,000 |
| INSTITUTE OF CONTEMPORARY ART UNIVERSITY OF PENNSYLVANIA | ||||||
| 118 S 36TH STREET | PHILADELPHIA | PA | 19104 | NC | GENERAL FUND | $8,000 |
| MEMORIAL SLOAN KETTERING CANCER CENTER | ||||||
| 1275 YORK AVE | NEW YORK | NY | 10065 | NC | GENERAL FUNDGENERAL FUND | $2,000 |
| NATURAL RESOURCES DEFENSE COUNCIL INC | ||||||
| 40 WEST 20TH STREET 11TH FLOOR | NEW YORK | NY | 10065 | NC | GENERAL FUND | $3,000 |
| NATURE CONSERVANCY | ||||||
| 4245 NORTH FAIRFAX DRIVE SUITE 100 | ARLINGTON | VA | 22203 | NC | GENERAL FUNDGENERAL FUND | $8,000 |
| PEOPLE FOR THE AMERICAN WAY FOUNDATION | ||||||
| 1101 15TH STREET NW SUITE 6 | WASHINGTON | DC | 20005 | NC | GENERAL FUND | $5,000 |
| PHILADELPHIA MUSUEM OF ART | ||||||
| 2600 BENJAMIN FRANKLIN PKWY | PHILADELPHIA | PA | 19130 | NC | GENERAL FUND | $8,000 |
| PLANNED PARENTHOOD FEDERATION OF AMERICA | ||||||
| 123 WILLIAM STREET SUITE 10 F | NEW YORK | NY | 10038 | NC | GENERAL FUND | $2,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $48,000 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $3 | RelatedOrExemptFunctionIncmAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $34,112 | RelatedOrExemptFunctionIncmAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $28,176 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $0 | ExclusionAmt |
| Related Or Exempt Function Incm | $62,291 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $62,291 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp (3 entries)
| Line NumberLineNumberTxt | Relationship StatementRelationshipStatementTxt |
|---|---|
| 3 | THE ORGANIZING DOCUMENT FOR THE BARBARA PICASSO REX FOUNDATION IS THE REVOCABLE DEED OF TRUST OF BARBARA REX DARSEY, DATED AUGUST 10, 2004. PURSUANT TO PARAGRAPH SECOND A OF THE TRUST, THE TRUSTEE SHALL MANAGE, INVEST AND REINVEST THE PRINCIPAL, COLLECT INCOME THEREFROM, AND DIST- RIBUTE SUCH PART OR ALL OF NONE OF THE NET INCOME AND PRINCIPAL AS THE TRUSTEE SHALL DETERMINE TO SUCH ONE OR MORE ORGANIZATIONS AS THE TRUS- TEE SHALL SELECT WHICH ARE OF THE TYPE DESCRIBED IN EACH OF SECTIONS 170(C), 2055(A), 2522(A) AND 170(B)(1)(A) OF THE INTERNAL REVENUE CODE |
| 4 | SAME EXPLANATION AS THAT FOR LINE 3. |
| 8 | SAME EXPLANATION AS THAT FOR LINES 3 & 4. |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | CHARLES SCHWAB ACCOUNT #8877-7073 | StockNm |
| EOY Book Value | $1,120,810 | EOYBookValueAmt |
| EOYFMV | $1,554,847 | EOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | HECKSCHER, TEILLON, TERRILL & SAGER, PC | CategoryTxt |
| Legal Fees | $5,144 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $5,144 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FOREIGN TAX | CategoryTxt |
| Amt | $23 | Amt |
| Net Investment Income | $23 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |