SCUDIERY FAMILY FOUNDATION INC: Form 990PF, tax year 2023

View the entire original 990 at ProPublica ↗

Organization: SCUDIERY FAMILY FOUNDATION INC (EIN 22-3648325)
Tax period: 2023-01-01 to 2023-12-31
Filed: 2024-11-13
IRS object ID: 202443189349100209
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

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2024-11-13T02:52:39-08:00	ReturnTs
Tax Period End	2023-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	261118641	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	FERRARA BUCKWORTH LLC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	60 POMPTON AVE	AddressLine1Txt
City	VERONA	CityNm
State Abbreviation	NJ	StateAbbreviationCd
ZIP	07044	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	223648325	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	THE SCUDIERY FAMILY FOUNDATION INC	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	SCUD	BusinessNameControlTxt
Phone	2012281024	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	14 FARMSTEAD ROAD	AddressLine1Txt
City	NORTH CALDWELL	CityNm
State Abbreviation	NJ	StateAbbreviationCd
ZIP	07006	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	MARK SCUDIERY	PersonNm
Person Title	President	PersonTitleTxt
Signature	2024-11-12	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

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	Michael S Buckworth	PreparerPersonNm
PTIN	P01229681	PTIN
Phone	9738578800	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	$0	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	$22	InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm	$22	InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm	$22	InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss	$46,453	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$46,453	DividendsNetInvstIncmAmt
Dividends Adj Net Incm	$46,453	DividendsAdjNetIncmAmt
Total Rev And Expnss	$46,475	TotalRevAndExpnssAmt
Total Net Invst Incm	$46,475	TotalNetInvstIncmAmt
Total Adj Net Incm	$46,475	TotalAdjNetIncmAmt
Tot Opr Expenses Rev And Expnss	$0	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$0	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$0	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$62,500	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$62,500	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$62,500	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$0	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$62,500	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	-$16,025	ExcessRevenueOverExpensesAmt
Net Investment Income	$46,475	NetInvestmentIncomeAmt
Adjusted Net Income	$46,475	AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$56,467	CashBOYAmt
Cash EOY	$17,100	CashEOYAmt
Other Investments BOY	$404,915	OtherInvestmentsBOYAmt
Other Investments EOY	$428,257	OtherInvestmentsEOYAmt
Total Assets BOY	$461,382	TotalAssetsBOYAmt
Total Assets EOY	$445,357	TotalAssetsEOYAmt
Total Assets EOYFMV	$0	TotalAssetsEOYFMVAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117	Yes (X)	OrgDoesNotFollowFASB117Ind
Capital Stock BOY	$398,767	CapitalStockBOYAmt
Capital Stock EOY	$398,767	CapitalStockEOYAmt
Retained Earning BOY	$62,615	RetainedEarningBOYAmt
Retained Earning EOY	$46,590	RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY	$461,382	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$445,357	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$461,382	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$445,357	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$461,382	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	-$16,025	ExcessRevenueOverExpensesAmt
Subtotal	$445,357	SubtotalAmt
Tot Net Ast Or Fund Balances EOY	$445,357	TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$646	InvestmentIncomeExciseTaxAmt
Subtotal	$646	SubtotalAmt
Tax Based On Investment Income	$646	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$1,200	EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits	$1,200	TotalPaymentsAndCreditsAmt
Overpayment	$554	OverpaymentAmt
Applied To ES Tax	$554	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	MARK SCUDIERY	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	2012281024	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	14 FARMSTEAD ROAD	AddressLine1Txt
City	NORTH CALDWELL	CityNm
State Abbreviation	NJ	StateAbbreviationCd
ZIP	07006	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
MARK SCUDIERY
14 FARMSTEAD ROAD	NORTH CALDWELL	NJ	07006	President	0.00	$0
CAROL SCUDIERY
14 FARMSTEAD ROAD	NORTH CALDWELL	NJ	07006	Vice President	0.00	$0
GINA SCUDIERY
14 FARMSTEAD ROAD	NORTH CALDWELL	NJ	07006	Vice President	0.00	$0
LISA SCUDIERY
14 FARMSTEAD ROAD	NORTH CALDWELL	NJ	07006	Vice President	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	$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	$646	TaxBasedOnInvestmentIncomeAmt
Total Tax	$646	TotalTaxAmt
Distributable Before Adj	$646	DistributableBeforeAdjAmt
Distributable Before Ded	$646	DistributableBeforeDedAmt
Distributable As Adjusted	$0	DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$62,500	ExpensesAndContributionsAmt
Qualifying Distributions	$62,500	QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$0	DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5	$64,820	ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4	$63,741	ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3	$63,889	ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2	$65,015	ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1	$63,500	ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov	$320,965	TotalExcessDistributionCyovAmt
Qualifying Distributions	$62,500	QualifyingDistributionsAmt
Treated As Distri From Corpus	$0	TreatedAsDistriFromCorpusAmt
Remaining Distri From Corpus	$62,500	RemainingDistriFromCorpusAmt
Total Corpus	$383,465	TotalCorpusAmt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5	$64,820	ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr	$318,645	ExcessDistriCyovToNextYrAmt
Excess From Year4	$63,741	ExcessFromYear4Amt
Excess From Year3	$63,889	ExcessFromYear3Amt
Excess From Year2	$65,015	ExcessFromYear2Amt
Excess From Year1	$63,500	ExcessFromYear1Amt
Excess From Current Year	$62,500	ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (6 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient RelationshipRecipientRelationshipTxt	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
HEMOPHILIA ASSOCATION OF NJ
197 STATE ROUTE 18	EAST BRUNSWICK	NJ	08081	NONE	PC	UNRESTRICTED GRANT FOR DONEE	$9,500
RUTGERS UNIVERSITY
7 COLLEGE AVENUE	NEW BRUNSWICK	NJ	08816	NONE	PC	UNRESTRICTED GRANT FOR DONEE	$10,000
NOTRE DAME CHURCH
359 CENTRAL AVENUE	NORTH CALDWELL	NJ	07006	NONE	EOF	UNRESTRICTED GRANT FOR DONEE	$20,000
HOLY FAMILY PARISH
1 LLOYD ROAD	FLORHAM PARK	NJ	07932	NONE	PC	UNRESTRICTED GRANT FOR DONEE	$10,000
NATIONAL COUNCIL OF JEWISH WOMEN
70 SOUTH ORANGE AVENUE	LIVINGSTON	NJ	07039	NONE	PC	UNRESTRICTED GRANT FOR DONEE	$3,000
V FOUNDATION FOR CANCER RESEARCH
14600 WESTON PARKWAY	CARY	NC	27513	NONE	PC	UNRESTRICTED GRANT FOR DONEE	$10,000

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$62,500	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	$22	RelatedOrExemptFunctionIncmAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

Field	Value	IRS element (for citing)
Related Or Exempt Function Incm	$46,453	RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Related Or Exempt Function Incm	$46,475	RelatedOrExemptFunctionIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$46,475	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

SCUDIERY FAMILY 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

Preparer Person PreparerPersonGrp

Form 990-PF IRS990PF

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

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)

Minimum Investment Return MinimumInvestmentReturnGrp

Distributable Amount DistributableAmountGrp

PF Qualifying Distributions PFQualifyingDistributionsGrp

Undistributed Income UndistributedIncomeGrp

Supplementary Information SupplementaryInformationGrp

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (6 entries)

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Comments