FREED FOUNDATION INC: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- FREED FOUNDATION INC (EIN 52-6047591)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-05-28
- IRS object ID
- 202401499349100210
- 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
- Accounting Fees Schedule
- Legal Fees Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-05-28T08:26:29-07:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 471589057 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Ferraro & Ferraro CPAs PA | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3601 SE Ocean Blvd 005 | AddressLine1Txt |
| City | Stuart | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 34996 | 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 | 526047591 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE FREED FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | FREE | BusinessNameControlTxt |
| Phone | 7722835001 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2336 SE OCEAN BLVD 29 | AddressLine1Txt |
| City | STUART | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 34996 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ELIZABETH FREED | PersonNm |
| Person Title | President | PersonTitleTxt |
| Signature | 2024-05-28 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | ELIZABETH | PersonFirstNm |
| Person Last | FREED | 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 | NICHOLAS A FERRARO CPA | PreparerPersonNm |
| PTIN | P01784138 | PTIN |
| Phone | 7722835001 | 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 | $20,552,845 | 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 | $108,995 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $108,995 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $108,995 | InterestOnSavingsAdjNetIncmAmt |
| Dividends Rev And Expnss | $376,236 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $376,236 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $376,236 | DividendsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $1,548,803 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $6,315,853 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $1,548,803 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $34 | OtherIncomeRevAndExpnssAmt |
| Total Rev And Expnss | $2,034,068 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $2,034,034 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $485,231 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $120,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $30,000 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $90,000 | CompOfcrDirTrstDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $16,022 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $4,056 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $11,966 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $14,519 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $3,630 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $10,889 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $6,500 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $1,625 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $4,875 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $41,149 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $37,641 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $14,464 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $7,485 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $6,979 | TaxesDsbrsChrtblAmt |
| Occupancy Rev And Expnss | $12,000 | OccupancyRevAndExpnssAmt |
| Other Expenses Rev And Expnss | $648 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Dsbrs Chrtbl | $648 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $225,302 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $84,437 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $125,357 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $752,500 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $752,500 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $977,802 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $84,437 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $877,857 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $1,056,266 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,949,597 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $485,231 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $1,372,130 | CashBOYAmt |
| Cash EOY | $1,105,821 | CashEOYAmt |
| Cash EOYFMV | $1,105,821 | CashEOYFMVAmt |
| US Government Obligations BOY | $12,431,620 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $13,798,616 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $19,447,024 | USGovtObligationsEOYFMVAmt |
| Total Assets BOY | $13,803,750 | TotalAssetsBOYAmt |
| Total Assets EOY | $14,904,437 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $20,552,845 | TotalAssetsEOYFMVAmt |
| Other Liabilities EOY | $44,421 | OtherLiabilitiesEOYAmt |
| Total Liabilities EOY | $44,421 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $13,803,750 | CapitalStockBOYAmt |
| Capital Stock EOY | $14,860,016 | CapitalStockEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $13,803,750 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $14,860,016 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $13,803,750 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $14,904,437 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $13,803,750 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $1,056,266 | ExcessRevenueOverExpensesAmt |
| Subtotal | $14,860,016 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $14,860,016 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (17 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| 12000 BOSTON PROPERTIES LP SR NTS 3.125% | P | 2022-09-02 | 2023-03-17 | $11,805 | $11,892 | -$87 | -$87 |
| 13000 BOSTON PROPERTIES LP SR NTS 3.125% | P | 2022-09-02 | 2023-03-20 | $12,782 | $12,883 | -$101 | -$101 |
| 53000 BOSTON PROPERTIES LP SR NTS 3.125% | P | 2022-09-02 | 2023-03-21 | $52,073 | $52,522 | -$449 | -$449 |
| 12000 FIRST-CITIZENS BANK/TRST 6.125% | P | 2022-04-28 | 2023-03-21 | $11,048 | $12,783 | -$1,735 | -$1,735 |
| 36000 FIRST-CITIZENS BANK/TRST 6.125% | P | 2022-04-28 | 2023-03-22 | $33,423 | $38,336 | -$4,913 | -$4,913 |
| 86000 GOLDMAN SACHS GRP INC | P | 2022-05-20 | 2023-02-23 | $86,000 | $86,000 | ||
| 42000 CITIGROUP INC 4.45% | P | 2020-11-17 | 2023-03-30 | $40,381 | $46,812 | -$6,431 | -$6,431 |
| 20000 DELL INT LLC EMC CORP SR NTS 5.45% | P | 2019-12-26 | 2023-04-17 | $20,000 | $20,137 | -$137 | -$137 |
| 78000 DIGITAL RLTY TR LP 3.6% | P | 2011-01-01 | 2023-03-21 | $69,675 | $79,622 | -$9,947 | -$9,947 |
| 34000 DISCOVER BK SR NTS 4.2% | P | 2020-01-07 | 2023-03-13 | $33,674 | $34,253 | -$579 | -$579 |
| 81000 HUNTINGTON BANCSHARES | P | 2022-02-03 | 2023-03-13 | $76,155 | $84,232 | -$8,077 | -$8,077 |
| 85000 PNC BK NA | P | 2011-01-01 | 2023-03-29 | $80,118 | $90,616 | -$10,498 | -$10,498 |
| 57000 SVB FINL GROUP | P | 2019-12-19 | 2023-03-13 | $26,197 | $58,015 | -$31,818 | -$31,818 |
| 55000 WESTN UN CO/THE | P | 2021-08-26 | 2023-06-09 | $55,000 | $55,000 | ||
| SEE ATTACHED NORTHERN TRUST - 43-54786 | P | 2023-01-01 | 2023-12-31 | $255,579 | $252,615 | $2,964 | $2,964 |
| SEE ATTACHED NORTHERN TRUST - 43-54786 | P | 2021-01-01 | 2023-12-31 | $5,433,458 | $3,831,332 | $1,602,126 | $1,602,126 |
| Capital Gain Dividends | $18,485 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $1,548,803 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | -$4,321 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $27,099 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $27,099 | SubtotalAmt |
| Tax Based On Investment Income | $27,099 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $1,788 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $1,788 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $174 | EsPenaltyAmt |
| Tax Due | $25,485 | 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 | ELIZABETH FREED | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7722835001 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2336 SE OCEAN BLVD 29 | AddressLine1Txt |
| City | STUART | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 34996 | 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 (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|---|---|---|---|
| ELIZABETH FREED | ||||||
| 2336 SE OCEAN BLVD 29 | STUART | FL | 34996 | President | 35.00 | $120,000 |
| NICHOLAS A DOTOLI | ||||||
| 126 ORCHID CT | TOMS RIVER | NJ | 08754 | BOARD MEMBER | 0.00 | $0 |
| NICOLE BUCCINO | ||||||
| 381 GATES HILL RD | MIDDLEBURGH | NY | 12122 | BOARD MEMBER | 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 |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $17,907,501 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,550,882 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $19,458,383 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $19,458,383 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $291,876 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $19,166,507 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $958,325 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $958,325 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $27,099 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $27,099 | TotalTaxAmt |
| Distributable Before Adj | $931,226 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $931,226 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $931,226 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $877,857 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $877,857 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $931,226 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr2 | $238,839 | ExcessDistributionCyovYr2Amt |
| Total Excess Distribution Cyov | $238,839 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $877,857 | QualifyingDistributionsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $877,857 | AppliedToCurrentYearAmt |
| Excess Distri Cyov App CY Corpus | $53,369 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $53,369 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $185,470 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $185,470 | ExcessDistriCyovToNextYrAmt |
| Excess From Year2 | $185,470 | ExcessFromYear2Amt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (5 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| FILIPINO AMERICAN COMMUNITY DEVELOP | |||||||
| 651 ROUTE 37 WEST | TOMS RIVER | NJ | 08755 | NONE | 501(c) | UNLIMITED USE | $15,000 |
| TOMS RIVER SOUTH DIAMOND CLUB | |||||||
| 1428 WINDWARD AVE | BEACHWOOD | NJ | 08722 | NONE | 501(c) | UNLIMITED USE | $15,000 |
| THE CROSSROADS CLUB | |||||||
| 1700 LAKE IDA RD | DELRAY BEACH | FL | 33445 | NONE | 501(C) | UNLIMITED USE | $44,500 |
| FRIENDS OF MACARTHUR BEACH STATE PA | |||||||
| 10900 JACK NICKLAUS DRIVE | NORTH PALM BEACH | FL | 33408 | NONE | 501(c) | UNLIMITED USE | $43,000 |
| THE COMMUNITY FOUNDATION OF MC | |||||||
| 851 SE MONTEREY COMMONS BLVD | STUART | FL | 34996 | NONE | 501(c) | UNLIMITED USE | $635,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $752,500 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $108,995 | RelatedOrExemptFunctionIncmAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $376,236 | RelatedOrExemptFunctionIncmAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $34 | RelatedOrExemptFunctionIncmAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $1,548,803 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $2,034,068 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $2,034,068 | 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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $6,500 | Amt |
| Net Investment Income | $1,625 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $4,875 | DisbursementsCharitablePrpsAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $14,519 | LegalFeesAmt |
| Net Investment Income | $3,630 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $10,889 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OFFICE EXPENSE | Desc |
| Revenue And Expenses Per Books | $648 | RevenueAndExpensesPerBooksAmt |
| Disbursements Charitable Prps | $648 | DisbursementsCharitablePrpsAmt |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Other Investment Income | Desc |
| Revenue And Expenses Per Books | $34 | RevenueAndExpensesPerBooksAmt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (2 entries)
| DescDesc | EOY Book ValueEOYBookValueAmt |
|---|---|
| RENT PAYABLE | $12,000 |
| PAYROLL LIABILITY | $32,421 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| ADMINISTRATIVE | $3,508 | $0 | $0 | $0 |
| INVESTMENT MANAGEMENT | $37,641 | $37,641 | $0 | $0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FOREIGN TAXES | $5,158 | $5,158 | |
| PAYROLL TAXES | $9,306 | $2,327 | $6,979 |
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