DAFT FAM FOUNDATION TR UA121598: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- DAFT FAM FOUNDATION TR UA121598 (EIN 58-6379765)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-05-08
- IRS object ID
- 202421299349102377
- 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
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Other Expenses Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-05-08T14:32:22-05:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 223421379 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HAMEL & ASSOCIATES INC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 24 Washington Ave | AddressLine1Txt |
| City | Chatham | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 079282101 | 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 | 586379765 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE DAFT FAMILY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | DAFT | BusinessNameControlTxt |
| Phone | 9736651400 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | co Hamel Assoc 24 Washington Ave | AddressLine1Txt |
| City | Chatham | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07928 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Delphine Daft | PersonNm |
| Person Title | Trustee | PersonTitleTxt |
| Phone | 9736651400 | PhoneNum |
| Signature | 2024-05-08 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | Delphine | PersonFirstNm |
| Person Last | Daft | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Kimberly Van Horn | PreparerPersonNm |
| PTIN | P00973140 | PTIN |
| Phone | 9736651400 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| 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 | $2,977,005 | 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 | $656 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $656 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $84,486 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $84,486 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$47,069 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $319,603 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $38,073 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $85,142 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $0 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $0 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Taxes Rev And Expnss | $2,076 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $2,076 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $0 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $90 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $90 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $0 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $2,166 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $2,166 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $266,500 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $266,500 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $268,666 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $2,166 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $266,500 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$230,593 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $82,976 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $175,023 | CashBOYAmt |
| Cash EOY | $28,750 | CashEOYAmt |
| Cash EOYFMV | $28,750 | CashEOYFMVAmt |
| US Government Obligations BOY | $0 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $74,193 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $74,923 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $1,143,242 | CorporateStockBOYAmt |
| Corporate Stock EOY | $993,830 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $2,385,832 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $494,598 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $485,497 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $487,500 | CorporateBondsEOYFMVAmt |
| Total Assets BOY | $1,812,863 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,582,270 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $2,977,005 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $1,812,863 | CapitalStockBOYAmt |
| Capital Stock EOY | $1,582,270 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $0 | RetainedEarningBOYAmt |
| Retained Earning EOY | $0 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $1,812,863 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $1,582,270 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $1,812,863 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $1,582,270 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $1,812,863 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$230,593 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $1,582,270 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $1,582,270 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (9 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|---|---|
| 125 Sh. Cummins Inc. | 2021-11-12 | 2023-03-29 | $28,875 | $29,720 | -$845 | -$845 | |
| 180 Sh. Mid America Apart | 2022-06-13 | 2023-03-29 | $26,089 | $29,382 | -$3,293 | -$3,293 | P |
| 325 Sh. Disney Walt Hldg | 2022-06-13 | 2023-09-18 | $27,596 | $31,158 | -$3,562 | -$3,562 | P |
| 475 Sh. Realty Income Corp | 2022-06-13 | 2023-09-18 | $25,452 | $30,446 | -$4,994 | -$4,994 | P |
| 250 Sh. Rowe T Price Group | 2022-06-13 | 2023-09-18 | $27,178 | $31,370 | -$4,192 | -$4,192 | P |
| 5,000 Sh. Ishares Ibonds Dec | 2022-08-05 | 2023-10-17 | $126,280 | $125,642 | $638 | $638 | P |
| 150 Sh. PNC Financial Services | 2021-08-13 | 2023-10-17 | $17,889 | $28,708 | -$10,819 | -$10,819 | P |
| 725 Sh. U S Bancorp Del | 2015-10-19 | 2023-10-17 | $23,877 | $29,881 | -$6,004 | -$6,004 | P |
| 525 Sh. Verizon Communications | 2019-01-23 | 2023-10-17 | $16,366 | $30,364 | -$13,998 | -$13,998 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$47,069 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | -$3,293 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $1,153 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $1,153 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $1,153 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $1,775 | 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 | $1,775 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $622 | OverpaymentAmt |
| Applied To ES Tax | $622 | 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 | GA | 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 |
| Individual With Books | Hamel Associates Inc | IndividualWithBooksNm |
| Phone | 9736651400 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 24 Washington Ave | AddressLine1Txt |
| City | Chatham | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07928 | 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 (5 entries)
| Address Line1USAddress/AddressLine1Txt | Address Line2USAddress/AddressLine2Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|---|
| Delphine H Daft | |||||||||
| c/o Hamel AssocInc 24 Washington | Ave | Chatham | NJ | 07928 | Trustee | 0.00 | $0 | $0 | $0 |
| Douglas N Daft | |||||||||
| c/o Hamel AssocInc 24 Washington | Ave | Chatham | NJ | 07928 | Distribution Committee | 0.00 | $0 | $0 | $0 |
| Delphine H Daft | |||||||||
| c/o Hamel AssocInc 24 Washington | Ave | Chatham | NJ | 07928 | Distribution Committee | 0.00 | $0 | $0 | $0 |
| Alexandra Louise Bonner | |||||||||
| c/o Hamel AssocInc 24 Washington | Ave | Chatham | NJ | 07928 | Distribution Committee | 0.00 | $0 | $0 | $0 |
| Nicholas Daft | |||||||||
| c/o Hamel AssocInc 24 Washington | Ave | Chatham | NJ | 07928 | Distribution Committee | 0.00 | $0 | $0 | $0 |
| 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 | $2,926,316 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $64,420 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $2,990,736 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $2,990,736 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $44,861 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $2,945,875 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $147,294 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $147,294 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $1,153 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $1,153 | TotalTaxAmt |
| Distributable Before Adj | $146,141 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $146,141 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $146,141 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $266,500 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $266,500 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $146,141 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $59,613 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $49,515 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $14,913 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $27,601 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $48,921 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $200,563 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $266,500 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $146,141 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $120,359 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $320,922 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $59,613 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $261,309 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $49,515 | ExcessFromYear4Amt |
| Excess From Year3 | $14,913 | ExcessFromYear3Amt |
| Excess From Year2 | $27,601 | ExcessFromYear2Amt |
| Excess From Year1 | $48,921 | ExcessFromYear1Amt |
| Excess From Current Year | $120,359 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | Delphine H Daft | ContributingManagerNm |
| Contributing Manager | Douglas N Daft | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (15 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|
| Mayo Clinic | ||||||||
| 200 First St SW | Rochester | MN | 55905 | None | EOF | General | $20,000 | |
| Clark Art Institute | ||||||||
| 225 South St | Williamstown | MA | 01267 | None | EOF | General | $5,000 | |
| Cambridge In America | ||||||||
| 100 Avenue of the Americas | New York | NY | 10013 | None | EOF | General | $20,000 | |
| Fraternal Order of Police | ||||||||
| Palm Beach Lodge 19 5876 Okeechobee | West Palm Beach | FL | 33417 | None | EOF | General | $10,000 | Blvd |
| The Westminster Schools | ||||||||
| 1424 West Paces Ferry Road NW | Atlanta | GA | 30327 | None | EOF | General | $20,000 | |
| Palm Beach Opera | ||||||||
| 1800 S Australian Ave Ste 301 | West Palm Beach | FL | 33409 | None | EOF | General | $55,000 | |
| The Order of St John | ||||||||
| 1850 M Street NW Ste 1070 | Washington | DC | 20036 | None | EOF | General | $13,500 | |
| The Church of Bethesda by the Sea | ||||||||
| PO Box 1057 | Palm Beach | FL | 33480 | None | EOF | General | $20,500 | |
| Norton Museum of Art | ||||||||
| 1450 S Dixie Hwy | West Palm Beach | FL | 33401 | None | EOF | General | $5,000 | |
| AUSUSA | ||||||||
| PO Box 390863 | Cambridge | MA | 01239 | None | EOF | General | $70,000 | |
| American Australian Association | ||||||||
| 50 Broadway Suite 2003 | New York | NY | 10004 | None | EOF | General | $5,000 | |
| Palm Beach Dramaworks | ||||||||
| 201 Clematis Street | West Palm Beach | FL | 33401 | None | EOF | General | $5,000 | |
| Society of the Four Arts | ||||||||
| 100 Four Arts Plaza | Palm Beach | FL | 33480 | None | EOF | General | $10,000 | |
| Bonefish Tarpon Trust | ||||||||
| 2937 SW 27th Ave Sutie 203 | Miami | FL | 33133 | None | EOF | General | $2,500 | |
| Miami City Ballet | ||||||||
| 2200 Liberty Ave | Miami Beach | FL | 33139 | None | EOF | General | $5,000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $266,500 | 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) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $656 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $84,486 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$47,069 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $38,073 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $38,073 | TotalIncomeProducingActyAmt |
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 Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (4 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| Ishare Bonds Dec 2024 | $124,039 | $124,550 |
| Ishare Bonds Dec 2025 | $124,235 | $123,800 |
| Ishare Bonds Dec 2026 | $120,682 | $119,500 |
| Ishare Bonds Dec 2027 | $116,541 | $119,650 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (25 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| Exxon Mobil Corp | $30,747 | $99,980 |
| Johnson & Johnson | $21,964 | $54,859 |
| Proctor and Gamble | $20,019 | $54,953 |
| Union Pacific | $8,432 | $92,108 |
| Illinois Tool Works | $15,758 | $78,582 |
| Novartis AG Spon | $23,615 | $50,485 |
| Cisco Systems Inc | $29,225 | $75,780 |
| United Parcel Service | $30,611 | $66,823 |
| Nestle SA Reg B Adr | $29,287 | $46,252 |
| Apple Computer Inc | $15,888 | $169,426 |
| Merck & Co Inc | $28,280 | $62,687 |
| Dollar General Corp | $23,587 | $47,583 |
| Honeywell Incorporated | $30,563 | $36,699 |
| Select Spdr Select | $30,845 | $36,415 |
| Microsoft Corp | $40,397 | $112,812 |
| Chubb Corporation | $29,033 | $67,800 |
| Conoco Phillips | $30,740 | $49,330 |
| Amgen Incorporated | $29,608 | $40,323 |
| The Charles Schwab Corp | $30,069 | $34,400 |
| Bank of New York Co Inc | $31,914 | $39,038 |
| McCormick & Co Inc | $29,439 | $32,500 |
| Sandoz Group AG | $1,303 | $3,201 |
| Valmont Industries Inc | $30,283 | $29,189 |
| Chevron Corp | $31,025 | $59,664 |
| Coca Cola | $371,198 | $944,943 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $74,193 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $74,923 | USGovtObligationsEOYFMVAmt |
| State Local Sec Book Vl EOY | $0 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $0 | StateLocalSecEOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| Bank Fees | $73 | $73 | $0 | $0 |
| Misc. | $17 | $17 | $0 | $0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| Foreign Tax | $1,076 | $1,076 | $0 | $0 |
| Excise Tax | $1,000 | $1,000 | $0 | $0 |
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