SEAN AND CATHY HANLON FOUNDATION INC: Form 990PF, tax year 2023

View the entire original 990 at ProPublica ↗

Organization: SEAN AND CATHY HANLON FOUNDATION INC (EIN 47-2415209)
Tax period: 2023-01-01 to 2023-12-31
Filed: 2024-04-25
IRS object ID: 202441169349101024
Schema version: 2023v5.0
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
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2024-04-25T11:38:53-07:00	ReturnTs
Tax Period End	2023-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	222905090	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	Paul S Bauer CPA PA	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	1601 Tilton Road Ste 5	AddressLine1Txt
City	Northfield	CityNm
State Abbreviation	NJ	StateAbbreviationCd
ZIP	08225	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2023-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	472415209	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	The Sean and Cathy Hanlon	BusinessNameLine1Txt
Business Name Line2	Foundation Inc	BusinessNameLine2Txt

Field	Value	IRS element (for citing)
Business Name Control	SEAN	BusinessNameControlTxt
Phone	6096011200	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	11877 Lost Tree Way	AddressLine1Txt
City	North Palm Beach	CityNm
State Abbreviation	FL	StateAbbreviationCd
ZIP	33408	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	John J Hanlon IV	PersonNm
Person Title	Trustee	PersonTitleTxt
Signature	2024-03-17	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	John J Hanlon	PersonFirstNm
Person Last	IV	PersonLastNm

Field	Value	IRS element (for citing)
SSN	999009999	SSN

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	Yes (true)	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	Paul Bauer	PreparerPersonNm
PTIN	P01202995	PTIN
Phone	6096452888	PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

Field	Value	IRS element (for citing)
Trusted Customer	2	TrustedCustomerCd
Authentication Assurance Level	AAL1	AuthenticationAssuranceLevelCd
Identity Assurance Level	IAL1	IdentityAssuranceLevelCd
Federated Assurance Level	FAL1	FederatedAssuranceLevelCd

Field	Value	IRS element (for citing)
Tax	2023	TaxYr
Build TS	2023-04-26 12:10:37Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$35,282	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
Dividends Rev And Expnss	$1,554	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$1,554	DividendsNetInvstIncmAmt
Dividends Adj Net Incm	$1,554	DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss	-$2,737	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$52,645	GrossSalesPriceAmt
Total Rev And Expnss	-$1,183	TotalRevAndExpnssAmt
Total Net Invst Incm	$1,554	TotalNetInvstIncmAmt
Total Adj Net Incm	$1,554	TotalAdjNetIncmAmt
Taxes Rev And Expnss	$15	TaxesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss	$15	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$0	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$0	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$36,439	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$36,439	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$36,454	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$0	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$36,439	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	-$37,637	ExcessRevenueOverExpensesAmt
Net Investment Income	$1,554	NetInvestmentIncomeAmt
Adjusted Net Income	$1,554	AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Sav And Temp Cash Invst BOY	$17,537	SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY	$35,282	SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV	$35,282	SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY	$55,382	CorporateStockBOYAmt
Total Assets BOY	$72,919	TotalAssetsBOYAmt
Total Assets EOY	$35,282	TotalAssetsEOYAmt
Total Assets EOYFMV	$35,282	TotalAssetsEOYFMVAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY	$72,919	NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY	$35,282	NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY	$72,919	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$35,282	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$72,919	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$35,282	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$72,919	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	-$37,637	ExcessRevenueOverExpensesAmt
Subtotal	$35,282	SubtotalAmt
Tot Net Ast Or Fund Balances EOY	$35,282	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)

PropertyPropertyDesc	How AcquiredHowAcquiredCd	AcquiredAcquiredDt	SoldSoldDt	Gross Sales PriceGrossSalesPriceAmt	Cost Or Other BasisCostOrOtherBasisAmt	Gain Or LossGainOrLossAmt	Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
Pershing Advisor Solutions, LLC - ST	P	2023-01-01	2023-12-31	$39,263	$39,845	-$582	-$582
Pershing Advisor Solutions, LLC - LT	P	2000-01-01	2023-12-31	$13,382	$15,537	-$2,155	-$2,155

Field	Value	IRS element (for citing)
Capital Gain Net Income	-$2,737	CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss	-$582	NetShortTermCapitalGainLossAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$22	InvestmentIncomeExciseTaxAmt
Subtotal	$22	SubtotalAmt
Tax Based On Investment Income	$22	TaxBasedOnInvestmentIncomeAmt
Tax Due	$22	TaxDueAmt
Applied To ES Tax	$0	AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

Field	Value	IRS element (for citing)
Legislative Political Acty	false	LegislativePoliticalActyInd
More Than100 Spent	false	MoreThan100SpentInd
Form1120 POL Filed	false	Form1120POLFiledInd
Activities Not Previously Rpt	false	ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws	false	ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit	false	UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc	false	OrganizationDissolvedEtcInd
Section508e Rqr Satisfied	false	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (true)	AtLeast5000InAssetsInd
Form990 PF Filed With Atty Gen	Yes (true)	Form990PFFiledWithAttyGenInd
Private Operating Foundation	false	PrivateOperatingFoundationInd
New Substantial Contributors	false	NewSubstantialContributorsInd
Own Controlled Entity	false	OwnControlledEntityInd
Donor Advised Fund	false	DonorAdvisedFundInd
Comply With Public Insp Rqr	Yes (true)	ComplyWithPublicInspRqrInd
Website Address	N/A	WebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

Field	Value	IRS element (for citing)
Business Name Line1	John J Hanlon IV	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	6096011200	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	11877 Lost Tree Way	AddressLine1Txt
City	North Palm Beach	CityNm
State Abbreviation	FL	StateAbbreviationCd
ZIP	33408	ZIPCd

Field	Value	IRS element (for citing)
Foreign Accounts Question	false	ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Field	Value	IRS element (for citing)
Sale Or Exch Disqualified Prsn	false	SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn	false	BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn	false	FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn	false	PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn	false	TransferAstDisqualifiedPrsnInd
Payment To Government Official	false	PaymentToGovernmentOfficialInd
Acts Fail To Qlfy As Exceptions	false	ActsFailToQlfyAsExceptionsInd
Uncorrected Prior Acts	false	UncorrectedPriorActsInd
Undistributed Income PY	false	UndistributedIncomePYInd
Business Holdings	false	BusinessHoldingsInd
Jeopardy Investments	false	JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst	false	UncorrectedPYJeopardyInvstInd
Influence Legislation	false	InfluenceLegislationInd
Influence Election	false	InfluenceElectionInd
Grants To Individuals	false	GrantsToIndividualsInd
Grants To Organizations	false	GrantsToOrganizationsInd
Noncharitable Purpose	false	NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt	false	SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	TitleTitleTxt	Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt	CompensationCompensationAmt
John J Hanlon IV
11877 Lost Tree Way	North Palm Beach	FL	33408	Trustee	0.00	$0
Cathy L Hanlon
11877 Lost Tree Way	North Palm Beach	FL	33408	Trustee	0.00	$0
John J Hanlon V
11877 Lost Tree Way	North Palm Beach	FL	33408	Trustee	0.00	$0
Erin S Hanlon
11877 Lost Tree Way	North Palm Beach	FL	33408	Trustee	0.00	$0

Field	Value	IRS element (for citing)
Comp Of Hghst Pd Empl Or NONE	NONE	CompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONE	NONE	CompOfHghstPdCntrctOrNONETxt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

Field	Value	IRS element (for citing)
Description1	Humane Society of United States	Description1Txt
Expenses1	$3,500	Expenses1Amt
Description2	The Lost Tree Charitable Foundation	Description2Txt
Expenses2	$3,500	Expenses2Amt
Description3	Loyola Retreat House	Description3Txt
Expenses3	$3,000	Expenses3Amt
Description4	Beacon Animal Rescue	Description4Txt
Expenses4	$3,000	Expenses4Amt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$0	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$0	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$0	TotalFMVOfUnusedAssetsAmt
Reduction Claimed	$0	ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast	$0	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$0	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$0	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$0	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Tax Based On Investment Income	$22	TaxBasedOnInvestmentIncomeAmt
Total Tax	$22	TotalTaxAmt
Distributable Before Adj	$22	DistributableBeforeAdjAmt
Distributable Before Ded	$22	DistributableBeforeDedAmt
Distributable As Adjusted	$0	DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$36,439	ExpensesAndContributionsAmt
Qualifying Distributions	$36,439	QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$0	DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5	$401,751	ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4	$60,250	ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3	$388,462	ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2	$45,890	ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1	$43,700	ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov	$940,053	TotalExcessDistributionCyovAmt
Qualifying Distributions	$36,439	QualifyingDistributionsAmt
Treated As Distri From Corpus	$0	TreatedAsDistriFromCorpusAmt
Remaining Distri From Corpus	$36,439	RemainingDistriFromCorpusAmt
Total Corpus	$976,492	TotalCorpusAmt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5	$401,751	ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr	$574,741	ExcessDistriCyovToNextYrAmt
Excess From Year4	$60,250	ExcessFromYear4Amt
Excess From Year3	$388,462	ExcessFromYear3Amt
Excess From Year2	$45,890	ExcessFromYear2Amt
Excess From Year1	$43,700	ExcessFromYear1Amt
Excess From Current Year	$36,439	ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Application Submission Info ApplicationSubmissionInfoGrp

Field	Value	IRS element (for citing)
Recipient Person	The Sean and Cathy Hanlon Foundatio	RecipientPersonNm

Recipient US Address RecipientUSAddress

Field	Value	IRS element (for citing)
Address Line1	11877 Lost Tree Way	AddressLine1Txt
City	North Palm Beach	CityNm
State Abbreviation	FL	StateAbbreviationCd
ZIP	33408	ZIPCd

Field	Value	IRS element (for citing)
Recipient Phone	6096011200	RecipientPhoneNum
Form And Info And Materials	N/A	FormAndInfoAndMaterialsTxt
Submission Deadlines	N/A	SubmissionDeadlinesTxt
Restrictions On Awards	N/A	RestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

Field	Value	IRS element (for citing)
Recipient Person	Miscellaneous 501 c3 organizations	RecipientPersonNm

Recipient US Address RecipientUSAddress

Field	Value	IRS element (for citing)
Address Line1	Various	AddressLine1Txt
City	Various	CityNm
State Abbreviation	NJ	StateAbbreviationCd
ZIP	08232	ZIPCd

Field	Value	IRS element (for citing)
Recipient Relationship	None	RecipientRelationshipTxt
Recipient Foundation Status	NC	RecipientFoundationStatusTxt
Grant Or Contribution Purpose	Charitable Purposes	GrantOrContributionPurposeTxt
Amt	$36,439	Amt

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$36,439	TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

Field	Value	IRS element (for citing)
Related Or Exempt Function Incm	$1,554	RelatedOrExemptFunctionIncmAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Related Or Exempt Function Incm	-$2,737	RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Related Or Exempt Function Incm	-$1,183	RelatedOrExemptFunctionIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	-$1,183	TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO	false	TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO	false	TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets	false	SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO	false	PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets	false	RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements	false	ReimbursementArrangementsInd
Loans Or Loan Guarantees	false	LoansOrLoanGuaranteesInd
Performance Of Services Etc	false	PerformanceOfServicesEtcInd
Sharing Of Facilities Etc	false	SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO	false	RelationshipsNonchrtblEOInd

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

Field	Value	IRS element (for citing)
Category	Federal Income Tax	CategoryTxt
Amt	$15	Amt

SEAN AND CATHY HANLON FOUNDATION INC: Form 990PF, tax year 2023

Return header ReturnHeader

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

Preparer US Address PreparerUSAddress

Filer Filer

Business Name BusinessName

US Address USAddress

Business Officer BusinessOfficerGrp

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Preparer Person PreparerPersonGrp

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

Form 990-PF IRS990PF

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Statements Regarding Acty StatementsRegardingActyGrp

Persons With Books Name PersonsWithBooksName

Location Of Books US Address LocationOfBooksUSAddress

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

Minimum Investment Return MinimumInvestmentReturnGrp

Distributable Amount DistributableAmountGrp

PF Qualifying Distributions PFQualifyingDistributionsGrp

Undistributed Income UndistributedIncomeGrp

Supplementary Information SupplementaryInformationGrp

Application Submission Info ApplicationSubmissionInfoGrp

Recipient US Address RecipientUSAddress

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

Recipient US Address RecipientUSAddress

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

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