QUEALLY FOUNDATION INC: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- QUEALLY FOUNDATION INC (EIN 77-0607990)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-11-11
- IRS object ID
- 202443169349100649
- Schema version
- 2023v5.1
- 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
- Form 990-PF
- Schedule B
- Accounting Fees Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Professional Fees Schedule
- Substantial Contributors Sch
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-11-11T14:44:45-06:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 464409177 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ECHELON ADVISORS LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 63 TAYLOR AVE | AddressLine1Txt |
| City | MANASQUAN | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 08736 | 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 | 770607990 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE QUEALLY FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | QUEA | BusinessNameControlTxt |
| Phone | 2039201544 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 326 SEABREEZE AVE | AddressLine1Txt |
| City | PALM BEACH | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33480 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | PAUL QUEALLY | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 2039201544 | PhoneNum |
| Signature | 2024-11-11 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JING MAO | PreparerPersonNm |
| PTIN | P01345554 | PTIN |
| Phone | 7329037338 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2024-10-15 13:58:12Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $33,402,957 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $18,400 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $308,490 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $308,490 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $7,344,156 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $15,427,579 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $10,837,516 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $829,864 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $845,684 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $8,500,910 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $11,991,690 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $22,112 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $5,528 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $99,605 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $33,202 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $66,403 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $301,574 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $326 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $362,236 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $70,289 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $785,527 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $109,345 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $66,403 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $2,956,779 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $2,956,779 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $3,742,306 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $109,345 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $3,023,182 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $4,758,604 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $11,882,345 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $2,108,913 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $9,635,199 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $9,635,199 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $10,250,837 | CorporateStockBOYAmt |
| Corporate Stock EOY | $9,262,276 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $10,775,554 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $13,087,859 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $11,398,886 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $12,992,204 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $79,166 | OtherAssetsBOYAmt |
| Other Assets EOY | $0 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $0 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $25,526,775 | TotalAssetsBOYAmt |
| Total Assets EOY | $30,296,361 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $33,402,957 | 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 | $25,526,775 | RetainedEarningBOYAmt |
| Retained Earning EOY | $30,296,361 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $25,526,775 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $30,296,361 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $25,526,775 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $30,296,361 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $25,526,775 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $4,758,604 | ExcessRevenueOverExpensesAmt |
| Other Increases | $11,449 | OtherIncreasesAmt |
| Subtotal | $30,296,828 | SubtotalAmt |
| Other Decreases | $467 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $30,296,361 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (20 entries)
| Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt |
|---|---|---|---|---|---|---|---|
| $673 | $774 | -$101 | -$101 | ||||
| $11,337 | $330 | $11,007 | $11,007 | PUBLIC TRADED SECURITIES JPM ACCT X 7005 ABRDN GLOBAL PREMIER PROPERT | |||
| $633,692 | $238,518 | $395,174 | $395,174 | PUBLIC TRADED SECURITIES JPM ACCT X 7005 | |||
| $2,180,790 | $2,180,790 | $0 | $0 | PUBLIC TRADED SECURITIES JPM ACCT X 7005- JPM PRIME MM FD | |||
| $225,728 | $150,150 | $75,578 | $75,578 | PUBLIC TRADED SECURITIES FIDELITY ACCT X 5670 | |||
| $293,934 | $337,846 | -$43,912 | -$43,912 | PUBLIC TRADED SECURITIES FIDELITY ACCT X 7455 | |||
| $2,667 | $2,667 | $2,667 | PUBLIC TRADED SECURITIES FIDELITY ACCT X 7455- WASH SALE | ||||
| $534,440 | $542,529 | -$8,089 | -$8,089 | PUBLIC TRADED SECURITIES FIDELITY ACCT X 7455 | |||
| $5,773 | $5,773 | $5,773 | PUBLIC TRADED SECURITIES FIDELITY ACCT X 7455- WASH SALE | ||||
| $130,759 | $145,359 | -$14,600 | -$14,600 | PUBLIC TRADED SECURITIES FIDELITY ACCT X 7614 | |||
| $104,439 | $106,213 | -$1,774 | -$1,774 | PUBLIC TRADED SECURITIES FIDELITY ACCT X 7614 | |||
| $242,705 | $274,913 | -$32,208 | -$32,208 | PUBLIC TRADED SECURITIES CITI ACCT X 4196 | |||
| $1,721 | $1,721 | $1,721 | PUBLIC TRADED SECURITIES CITI ACCT X 4196-WASH SALE | ||||
| $87,456 | $106,340 | -$18,884 | -$18,884 | PUBLIC TRADED SECURITIES CITI ACCT X 8197 | |||
| $12,648 | -$12,648 | -$12,648 | NORTH SHORE AVIATION - LONG TERM LOSS | P | 2023-01-01 | 2023-12-31 | |
| $181,674 | -$181,674 | -$181,674 | WILDCAT CLO - LONG TERM LOSS | P | 2023-01-01 | 2023-12-31 | |
| $124 | -$124 | -$124 | HACKENSACK-URBAN APARTMENTS LLC | P | 2023-01-01 | 2023-12-31 | |
| $304,955 | -$304,955 | -$304,955 | NORTH SHORE AVIATION - SEC 1231 | P | 2023-01-01 | 2023-12-31 | |
| $10,971,434 | $6,900 | $10,964,534 | $10,964,534 | PUBLIC TRADED SECURITIES JPM ACCT X 7005 - PAYCOM | |||
| $31 | $31 | $31 | CAPITAL GAINS DIVIDENDS | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $10,837,516 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $165,165 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $165,165 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $165,165 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $179,930 | 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 | $179,930 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $14,765 | OverpaymentAmt |
| Applied To ES Tax | $14,765 | 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 | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | DE | OrgReportOrRegisterStateCd |
| Org Report Or Register State | FL | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | Yes (1) | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | HTTPS://THEQUEALLYFOUNDATION.COM/ | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | 5Q CAPITAL LLC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2039201544 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 57 LONE TREE FARM ROAD | AddressLine1Txt |
| City | NEW CANAAN | CityNm |
| State Abbreviation | CT | StateAbbreviationCd |
| ZIP | 06840 | 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 | Yes (1) | BusinessHoldingsInd |
| Excess Business Holdings | 0 | ExcessBusinessHoldingsInd |
| 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 (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| ANNE-MARIE QUEALLY | ||||||||
| 326 SEABREEZE AVE | PALM BEACH | FL | 33480 | VICE PRESIDENT/ DIRECTOR | 1.00 | $0 | $0 | $0 |
| PAUL B QUEALLY | ||||||||
| 326 SEABREEZE AVE | PALM BEACH | FL | 33480 | PRESIDENT/ DIRECTOR/ SECRE | 1.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BELLTOWER LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 218 SOUTH AVE | AddressLine1Txt |
| City | NEW CANAAN | CityNm |
| State Abbreviation | CT | StateAbbreviationCd |
| ZIP | 06840 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | PHILANTHROPIC CONSULTING | ServiceTypeTxt |
| Compensation | $99,605 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
| Expenses1 | $0 | Expenses1Amt |
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 | $14,995,732 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $4,971,037 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $12,936,673 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $32,903,442 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $32,903,442 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $493,552 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $32,409,890 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,620,495 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,620,495 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $165,165 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $165,165 | TotalTaxAmt |
| Distributable Before Adj | $1,455,330 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $1,455,330 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $1,455,330 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $3,023,182 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $3,023,182 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,455,330 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $1,525,586 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $1,703,423 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $1,427,884 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $839,610 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $1,315,993 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $6,812,496 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $3,023,182 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $1,455,330 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $1,567,852 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $8,380,348 | 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 | $1,525,586 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $6,854,762 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $1,703,423 | ExcessFromYear4Amt |
| Excess From Year3 | $1,427,884 | ExcessFromYear3Amt |
| Excess From Year2 | $839,610 | ExcessFromYear2Amt |
| Excess From Year1 | $1,315,993 | ExcessFromYear1Amt |
| Excess From Current Year | $1,567,852 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | ANNE-MARIE QUEALLY | ContributingManagerNm |
| Contributing Manager | PAUL B QUEALLY | 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 |
|---|---|---|---|---|---|---|---|
| ALBERTUS MAGNUS COLLEGE | |||||||
| 700 PROSPECT ST | NEW HAVEN | CT | 06511 | NONE | PC | GENERAL SUPPORT | $16,000 |
| CATHOLIC ACADEMY OF BRIDGEPORT | |||||||
| 63 PEQUONNOCK ST | BRIDGEPORT | CT | 06604 | NONE | PC | GENERAL SUPPORT | $321,285 |
| FRIENDS OF SCHOOL IN THE SQUARE INC | |||||||
| 120 WADSWORTH AVE | NEW YORK | NY | 10033 | NONE | PC | GENERAL SUPPORT | $55,000 |
| HOPE RURAL SCHOOL | |||||||
| 15929 SW 150TH ST | INDIANTOWN | FL | 34956 | NONE | PC | GENERAL SUPPORT | $55,894 |
| JDRF | |||||||
| 26 BROADWAY 14TH FLOOR | NEW YORK | NY | 10004 | NONE | PC | GENERAL SUPPORT | $250,000 |
| KING SCHOOL | |||||||
| 1450 NEWFIELD AVE | STAMFORD | CT | 06905 | NONE | PC | GENERAL SUPPORT | $49,600 |
| RISING STARS INC | |||||||
| 99082 S 4515 RD | VIAN | OK | 74962 | NONE | PC | GENERAL SUPPORT | $70,000 |
| THE MULTIPLE MYELOMA RESEARCH FOUNDATION | |||||||
| 383 MAIN AVENUE 5TH FLOOR | NORWALK | CT | 06851 | NONE | PC | GENERAL SUPPORT | $83,500 |
| US SKI & SNOWBOARD FOUNDATION | |||||||
| 1 VICTORY LN BOX 100 | PARK CITY | UT | 84060 | NONE | PC | GENERAL SUPPORT | $28,000 |
| UNIVERSITY OF RICHMOND | |||||||
| 114 UR DRIVE | UNIVERSITY OF RICHMOND | VA | 23173 | NONE | PC | GENERAL SUPPORT | $1,875,000 |
| WEST POINT ASSOCIATION OF GRADUATES | |||||||
| HERBERT HALL 698 MILLS RD | WEST POINT | NY | 10996 | NONE | PC | GENERAL SUPPORT | $25,000 |
| WINGED FOOT FOUNDATION | |||||||
| 913 MANCHESTER ST | NAPERVILLE | IL | 60563 | NONE | PC | GENERAL SUPPORT | $10,000 |
| THE CENTER FOR DISCOVERY | |||||||
| PO BOX 840 | HARRIS | NY | 12742 | NONE | PC | GENERAL SUPPORT | $10,000 |
| TRUSTBIDGE HOSPICE FOUNDATION | |||||||
| 5300 EAST AVENUE | WEST PALM BEACH | FL | 33407 | NONE | PC | GENERAL SUPPORT | $7,500 |
| DIOCESE OF BRIDGEPORT - WE STAND WITH CHRIST | |||||||
| 238 JEWETT AVE | BRIDGEPORT | CT | 06606 | NONE | PC | GENERAL SUPPORT | $100,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $2,956,779 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $308,490 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $829,864 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $7,344,156 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $8,482,510 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $8,482,510 | 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 |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (2 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd |
|---|---|---|---|---|---|---|
| PAUL AND ANNE-MARIE QUEALLY | ||||||
| 1 | 326 SEABREEZE AVE | PALM BEACH | FL | 33480 | $17,400 | Yes (X) |
| THE PATRICK & MARY FERRO FOUNDATION INC CO PATRICK FERRO | ||||||
| 2 | 512 BALD EAGLE DRIVER | JUPITER | FL | 33477 | $1,000 | Yes (X) |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | TAX PREPARATION FEE | CategoryTxt |
| Amt | $22,112 | Amt |
| Net Investment Income | $5,528 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (81 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| ABBVIE INC COM USD0.01(ABBV) | $72,791 | $73,611 |
| ADOBE SYSTEMS INCORPORATED COM | $27,787 | $47,131 |
| ADVANCED MICRO DEVICES INC(AMD) | $125,215 | $274,183 |
| ALPHABET INC CAP STK CL A(GOOGL) | $35,665 | $64,397 |
| ALPHABET INC CAP STK CL C(GOOG) | $76,208 | $114,153 |
| AMAZON.COM INC (AMZN) | $164,998 | $228,366 |
| ANALOG DEVICES INC COM USD0.16 2/3 | $20,312 | $24,224 |
| AON PLC SHS CL A COM (AON) | $36,601 | $46,272 |
| APPLE INC | $345,611 | $834,810 |
| ASML HOLDING NV EUR0.09 NY REGISTRY | $89,065 | $174,849 |
| AUTODESK INC (ADSK) | $28,031 | $36,765 |
| COSTCO WHOLESALE CORP COM USD0.01 | $25,422 | $44,885 |
| CSX CORP COM USD1 (CSX) | $38,761 | $53,426 |
| DANAHER CORPORATION COM(DHR) | $112,305 | $123,767 |
| DEXCOM INC (DXCM) | $73,759 | $121,484 |
| DOMINO S PIZZA INC (DPZ) | $44,310 | $46,445 |
| EDWARDS LIFESCIENCES CORP(EW) | $64,158 | $72,916 |
| ELI LILLY AND CO (LLY) | $90,590 | $164,383 |
| EOG RESOURCES INC (EOG) | $30,763 | $29,966 |
| FREEPORT-MCMORAN INC COM USD0.10 | $19,290 | $21,711 |
| GULF COAST ULTRA DEEP RTY TR ROYALTY TR | $9,604 | $60 |
| HOME DEPOT INC (HD) | $40,316 | $54,408 |
| IDEXX LABORATORIES INC COM USD0.10 | $114,008 | $174,841 |
| INTUIT INC (INTU) | $115,793 | $218,761 |
| INTUITIVE SURGICAL INC(ISRG) | $134,925 | $161,595 |
| JPMORGAN CHASE & CO(JPM) | $120,804 | $158,372 |
| KEYSIGHT TECHNOLOGIES INC COM | $81,225 | $123,931 |
| MARRIOTT INTERNATIONAL INC | $48,160 | $45,324 |
| MASIMO CORP (MASI) | $22,199 | $45,779 |
| MASTERCARD INCORPORATED CL A | $271,272 | $458,498 |
| MICROSOFT CORP | $417,331 | $752,080 |
| MICROSOFT CORP (MSFT) | $155,878 | $232,393 |
| MOBILEYE GLOBAL INC COMMON CLASS A | $68,105 | $87,246 |
| MONSTER BEVERAGE CORP NEW COM | $55,152 | $49,442 |
| NEXTERA ENERGY INC COM USD0.01(NEE) | $46,943 | $46,814 |
| NVIDIA CORPORATION COM(NVDA) | $59,509 | $334,274 |
| PALO ALTO NETWORKS INC COM USD0.0001 | $19,181 | $22,706 |
| PAYCOM SOFTWARE INC AND OPTIONS | $3,757,690 | $2,491,803 |
| PROCTER AND GAMBLE CO COM(PG) | $22,847 | $26,524 |
| SERVICENOW INC COM USD0.001(NOW) | $18,930 | $31,086 |
| TAPESTRY INC COM (TPR) | $15,977 | $28,344 |
| TRADEWEB MKTS INC CL A (TW) | $115,186 | $174,126 |
| TRANSDIGM GROUP INC (TDG) | $63,487 | $102,172 |
| UBER TECHNOLOGIES INC COM(UBER) | $146,905 | $281,375 |
| UNION PAC CORP COM(UNP) | $40,860 | $56,247 |
| VERTEX PHARMACEUTICALS INC(VRTX) | $29,430 | $40,282 |
| VISA INC (V) | $50,610 | $67,691 |
| ZEBRA TECHNOLOGIES CORPORATION CL A | $22,274 | $24,873 |
| ZOETIS INC (ZTS) | $46,568 | $57,040 |
| ADOBE INC COM | $78,038 | $95,456 |
| AMGEN INC COM TRANS | $49,799 | $55,588 |
| BOEING CO | $43,559 | $56,042 |
| CF INDS HLDGS INC | $45,714 | $42,612 |
| CHESAPEAKE ENERGY CORP COM NEW | $23,940 | $22,851 |
| CHUBB LTD | $37,862 | $41,358 |
| CROWDSTRIKE HLDGS | $50,191 | $85,788 |
| CUBESMART COM UNSOLICITED | $50,150 | $54,925 |
| DOLBY LABORATORIES | $34,535 | $36,540 |
| DUKE ENERGY CORP | $39,913 | $41,921 |
| ENNIS INC COM | $50,269 | $51,291 |
| FRESH DELMONTE PRODUCE INC SHS | $30,149 | $30,345 |
| GILEAD SCIENCES | $44,355 | $48,039 |
| INTERDIGITAL INC | $50,294 | $63,170 |
| KENVUE INC COM | $50,004 | $52,016 |
| MANULIFE FINL CORP | $30,020 | $35,890 |
| MDB | $101,504 | $109,163 |
| MPWR | $96,288 | $101,556 |
| NOW | $73,187 | $117,277 |
| ONTO | $97,647 | $100,608 |
| PANW | $50,279 | $91,413 |
| PCOR | $67,778 | $65,344 |
| PHILIP MORRIS INTL | $44,206 | $45,535 |
| PLAINS GP HLDGS L P LTD | $27,439 | $27,019 |
| PROLOGIS INC COM | $30,998 | $32,925 |
| RTX CORPORATION COM | $48,323 | $39,967 |
| SCHLUMBERGER LIMITED COM | $48,494 | $44,234 |
| SWAV | $69,697 | $68,030 |
| TAKE-TWO INTERACTIVE | $49,922 | $56,654 |
| VALERO ENERGY CORP NEW COM | $38,154 | $37,440 |
| VERIZON COMMUNICATIONS INC COM | $49,991 | $54,250 |
| WILLSCOT MOBIL MINI HLDING CORP COM CL A | $26,766 | $24,476 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (6 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| PARTNERSHIP INTEREST IN INVICTUS | AT COST | $4,316,303 | $3,755,470 |
| PARTNERSHIP INTEREST IN NORTH SHORE | AT COST | $4,015,998 | $7,081,276 |
| PARTNERSHIP INTEREST IN WILDCAT | AT COST | $3,011,054 | $2,099,927 |
| FIDELITY X5670 - MUTUAL FUND | AT COST | $324 | $324 |
| FIDELITY X7455 - MUTUAL FUND | AT COST | $16,047 | $16,047 |
| FIDELITY X7614 - MUTUAL FUND | AT COST | $39,160 | $39,160 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| DIVIDEND DEPOSIT IN TRANSIT | $123 | $0 | $0 |
| DISTRIBUTION DUE FROM PARTNERSHIP | $79,043 | $0 | $0 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| SECURITY BASIS ADJUSTMENT | $459 |
| ROUNDING | $8 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (8 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FILING FEES | $918 | $0 | $0 |
| OTHER EXPENSES THRU - INVICTUS FUND II | $16,091 | $16,091 | $0 |
| OTHER EXPENSES THRU - HACKENSACK | $3,686 | $3,686 | $0 |
| OTHER EXPENSES THRU - WILDCAT | $3,751 | $3,751 | $0 |
| BROKERAGE ACCOUNT FEES | $46,750 | $46,750 | $0 |
| IRS NOTICE PENALTY | $1,370 | $0 | $0 |
| OTHER EXPENSES THRU - NORTH SHORE | $289,659 | $0 | $0 |
| ROYALT EXPENSE THRU - JPM X7005 | $11 | $11 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (7 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| JPM X7005 - ROYALTY INCOME | $12 | $12 | $0 |
| HACKENSACK -DIVIDEND | $681 | $681 | $0 |
| WILDCAT CLO LLC K-1 INTEREST | $85 | $85 | $0 |
| WILDCAT CLO LLC K-1 QEF | $465,051 | $465,051 | $0 |
| INVICTUS FUND K-1 DIVIDEND | $379,855 | $379,855 | $0 |
| NORTH SHORE K-1 RENTAL | -$43,250 | $0 | $0 |
| PRIOR YEAR TAX OVERPAYMENT | $27,430 | $0 | $0 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail (4 entries)
| DescDesc | AmtAmt |
|---|---|
| JPM X 7005 NON-DIVIDEND DISTRIBUTION | $599 |
| FIDELITY X 7455 NON-DIVIDEND DISTRIBUTION | $478 |
| FIDELITY X 7614 NON-DIVIDEND DISTRIBUTION | $211 |
| WASH SALES ADJUSTMENT | $10,161 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | PHILANTHROPIC CONSULTING FEE | CategoryTxt |
| Amt | $99,605 | Amt |
| Net Investment Income | $33,202 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $66,403 | DisbursementsCharitablePrpsAmt |
Substantial Contributors Sch SubstantialContributorsSch
Substantial Contributor Detail SubstantialContributorDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | PAUL B QUEALLY | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 326 SEABREEZE AVE | AddressLine1Txt |
| City | PALM BEACH | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33480 | ZIPCd |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FOREIGN TAX | $326 | $326 | $0 |
| FEDERAL EXCISE TAX | $301,248 | $0 | $0 |