UPMOBILITY FOUNDATION INC: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- UPMOBILITY FOUNDATION INC (EIN 47-1689125)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-11-14
- IRS object ID
- 202443199349105289
- Schema version
- 2023v5.1
- Note
- A later return for the same period supersedes this one.
- 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
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-11-14T16:24:52-06:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 161226221 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FUSTCHARLES LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 220 S WARREN STREET | AddressLine1Txt |
| City | SYRACUSE | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 13202 | 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 | 471689125 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | UPMOBILITY FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | UPMO | BusinessNameControlTxt |
| Phone | 3158232200 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 28 WAVERLY PL | AddressLine1Txt |
| City | LITTLE FALLS | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 13365 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MICHAEL SCIOTTI | PersonNm |
| Person Title | CFO | PersonTitleTxt |
| Phone | 3158232200 | PhoneNum |
| Signature | 2024-11-13 | 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 | MARY ELLEN LUKER | PreparerPersonNm |
| PTIN | P00841958 | PTIN |
| Phone | 3154463600 | PhoneNum |
| Preparation | 2024-11-13 | PreparationDt |
| 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 | $24,202,521 | 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 | $8,394,015 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $63,145 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $63,145 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $63,145 | InterestOnSavingsAdjNetIncmAmt |
| Dividends Rev And Expnss | $397,041 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $397,041 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$56,664 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $18,178,853 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $54,831 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $54,831 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $54,831 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $8,852,368 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $515,017 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $117,976 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $86,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $12,900 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $0 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $73,100 | CompOfcrDirTrstDsbrsChrtblAmt |
| Other Prof Fees Rev And Expnss | $150,000 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $22,500 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $0 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $127,500 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $15,547 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $4,582 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $0 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $2,680 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $402 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Adj Net Incm | $0 | TravConfMeetingAdjNetIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $2,278 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $64,039 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $46,419 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $0 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $17,620 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $318,266 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $86,803 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $220,498 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $4,420,455 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $4,420,455 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $4,738,721 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $86,803 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $4,640,953 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $4,113,647 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $428,214 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $117,976 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $1,038,807 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $2,701,547 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $2,701,547 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $493,125 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $3,728,324 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $3,728,324 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $13,289,895 | CorporateStockBOYAmt |
| Corporate Stock EOY | $14,704,496 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $14,704,496 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $496,900 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $3,068,154 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $3,068,154 | CorporateBondsEOYFMVAmt |
| Total Assets BOY | $15,318,727 | TotalAssetsBOYAmt |
| Total Assets EOY | $24,202,521 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $24,202,521 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $15,318,727 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $24,202,521 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $15,318,727 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $24,202,521 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $15,318,727 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $24,202,521 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $15,318,727 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $4,113,647 | ExcessRevenueOverExpensesAmt |
| Other Increases | $4,770,147 | OtherIncreasesAmt |
| Subtotal | $24,202,521 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $24,202,521 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (11 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| CHARLES SCHWAB SHORT TERM -5773 | D | 2022-03-08 | 2023-01-04 | $953,151 | $862,874 | $90,277 | $90,277 |
| ROCKEFELLER CAPITAL MANAGEMENT -2605 | D | 2023-01-01 | 2023-12-31 | $1,331,292 | $1,327,300 | $3,992 | $3,992 |
| ROCKEFELLER CAPITAL MANAGEMENT -3849 | D | 2023-01-01 | 2023-12-31 | $850,000 | $831,943 | $18,057 | $18,057 |
| ROCKEFELLER CAPITAL MANAGEMENT -1228 | D | 2023-01-01 | 2023-12-31 | $838,948 | $933,166 | -$94,218 | -$94,218 |
| ROCKEFELLER CAPITAL MANAGEMENT -2605 | D | 2023-01-01 | 2023-12-31 | $1,436,561 | $1,437,207 | -$646 | -$646 |
| ROCKEFELLER CAPITAL MANAGEMENT -1228 | D | 2022-03-26 | 2023-08-30 | $8,962,314 | $8,962,314 | $0 | $0 |
| ISHARES CORE US AGGREGATE BOND ETF, AGG | D | 2021-01-29 | 2023-12-08 | $408,018 | $485,248 | -$77,230 | -$77,230 |
| SPDR BLOOMBERG HIGH YIELD BOND ETF, JNK | D | 2023-01-01 | 2023-09-29 | $346,767 | $414,121 | -$67,354 | -$67,354 |
| ROCKEFELLER CAPITAL MANAGEMENT -1227 | D | 2023-03-10 | 2023-03-10 | $2,765,882 | $2,765,882 | $0 | $0 |
| CHARLES SCHWAB LONG TERM -5773 | D | 2022-03-08 | 2023-03-09 | $220,868 | $215,462 | $5,406 | $5,406 |
| ROCKEFELLER CAPITAL MANAGEMENT -2605 CAPITAL GAIN DISTRIBUTION | D | 2023-01-01 | 2023-12-31 | $65,052 | $65,052 | $65,052 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$56,664 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $15,160 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $5,952 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $5,952 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $5,952 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $95,320 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $150,000 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $245,320 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $239,368 | OverpaymentAmt |
| Applied To ES Tax | $150,000 | AppliedToESTaxAmt |
| Refund | $89,368 | 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 | NY | 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 | HTTPS://WWW.UPMOBILITY.ORG | WebsiteAddressTxt |
| Individual With Books | UPVENTURES HOLDINGS LLC | IndividualWithBooksNm |
| Phone | 3158232200 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 690 EAST MAIN STREET | AddressLine1Txt |
| City | LITTLE FALLS | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 13365 | 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 (4 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 |
|---|---|---|---|---|---|---|---|---|
| MARTIN BABINEC | ||||||||
| 28 WAVERLY PL | LITTLE FALLS | NY | 13365 | DIRECTOR/PRESIDENT/TREASURER | 1.00 | $0 | $0 | $0 |
| MICHAEL SCIOTTI | ||||||||
| 7383 BURKE ROAD | JAMESVILLE | NY | 13078 | CHIEF FINANCIAL OFFICER | 1.00 | $0 | $0 | $0 |
| PEGGY O'SHEA | ||||||||
| 194 DOVER ROAD | BARNEVELD | NY | 13304 | INTERIM EXECUTIVE DIRECTOR | 1.00 | $86,000 | $0 | $0 |
| DAVE READ | ||||||||
| 273 W MAIN ST | LITTLE FALLS | NY | 13365 | DIRECTOR | 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 | UPVENTURES HOLDINGS LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 690 EAST MAIN STREET | AddressLine1Txt |
| City | LITTLE FALLS | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 13365 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | CONSULTING, ADMINISTRATIVE AND EXECUTIVE MANAGEMENT SERVICES | ServiceTypeTxt |
| Compensation | $150,000 | 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 | PLEASE NOTE, THE FOUNDATION IS NOT INVOLVED IN ANY DIRECT CHARITABLE ACTIVITIES. ITS PRIMARY PURPOSE IS TO SUPPORT, BY CONTRIBUTIONS, OTHER CHARITABLE ORGANIZATIONS EXEMPT UNDER INTERNAL REVENUE CODE SECTION 501(C)(3). | 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 | $17,341,762 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $568,905 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $17,910,667 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $17,910,667 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $268,660 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $17,642,007 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $882,100 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $882,100 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $5,952 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $5,952 | TotalTaxAmt |
| Distributable Before Adj | $876,148 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $876,148 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $876,148 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $4,640,953 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $4,640,953 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $876,148 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $91,788 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $167,828 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $814,043 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $1,646,337 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $1,702,598 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $4,422,594 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $4,640,953 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $876,148 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $3,764,805 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $8,187,399 | 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 | $91,788 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $8,095,611 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $167,828 | ExcessFromYear4Amt |
| Excess From Year3 | $814,043 | ExcessFromYear3Amt |
| Excess From Year2 | $1,646,337 | ExcessFromYear2Amt |
| Excess From Year1 | $1,702,598 | ExcessFromYear1Amt |
| Excess From Current Year | $3,764,805 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | MARTIN BABINEC | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (45 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| 4 ELEMENTS STUDIO | |||||||
| 809 COURT STREET | UTICA | NY | 13502 | NONE | PC | GENERAL CHARITABLE PURPOSES | $20,000 |
| AMERICAN HEART ASSOCIATION | |||||||
| 4 ATRIUM DR 100 | ALBANY | NY | 12205 | NONE | PC | GENERAL CHARITABLE PURPOSES | $50,000 |
| FRIENDS OF BASSETT | |||||||
| 1 ATWELL RD | COOPERSTOWN | NY | 13326 | NONE | PC | GENERAL CHARITABLE PURPOSES | $500,000 |
| CATHOLIC CHARITIES OF HERKIMER COUNTY | |||||||
| 61 WEST ST | ILION | NY | 13357 | NONE | PC | GENERAL CHARITABLE PURPOSES | $10,000 |
| CATHOLIC RELIEF SERVICES | |||||||
| 228 W LEXINGTON ST | BALTIMORE | MD | 21201 | NONE | PC | GENERAL CHARITABLE PURPOSES | $5,000 |
| CIVICS UNPLUGGED INC | |||||||
| 335 MADISON AVE 4TH FLOOR SUITE G | NEW YORK | NY | 10128 | NONE | PC | GENERAL CHARITABLE PURPOSES | $100,000 |
| CORNER STONE COMMUNITY DEVELOPMENT CORP | |||||||
| 943 E LINCOLN HWY | FORD HEIGHTS | IL | 60411 | NONE | PC | GENERAL CHARITABLE PURPOSES | $2,500 |
| ED CHOICE INC | |||||||
| 111 MONUMENT CIRCLE | INDIANAPOLIS | IN | 46204 | NONE | PC | GENERAL CHARITABLE PURPOSES | $1,000 |
| EMPIRE CENTER FOR PUBLIC POLICY | |||||||
| 30 SOUTH PEARL STREET SUITE 1210 | ALBANY | NY | 12207 | NONE | PC | GENERAL CHARITABLE PURPOSES | $100,000 |
| ENDEAVOR WESTERN NEW YORK | |||||||
| 28 BISSELL DR | BUFFALO | NY | 14226 | NONE | PC | GENERAL CHARITABLE PURPOSES | $50,000 |
| FEED OUR VETS | |||||||
| 502 BROAD ST | UTICA | NY | 13501 | NONE | PC | GENERAL CHARITABLE PURPOSES | $20,000 |
| THE PROJECT FIBONACCI FOUNDATION | |||||||
| 111 DART CIR | ROME | NY | 13440 | NONE | PC | GENERAL CHARITABLE PURPOSES | $30,000 |
| FIRST TECH FUND INC | |||||||
| 124 E 14TH ST | NEW YORK | NY | 10003 | NONE | PC | GENERAL CHARITABLE PURPOSES | $30,000 |
| GOVERNMENT JUSTICE CENTER | |||||||
| PO BOX 7113 | ALBANY | NY | 12224 | NONE | PC | GENERAL CHARITABLE PURPOSES | $50,000 |
| HERKIMER NEXT INC | |||||||
| 37 CENTRAL PLZ SUITE B | ILION | NY | 13357 | NONE | PC | GENERAL CHARITABLE PURPOSES | $100,000 |
| INSTITUTE FOR HUMANE STUDIES | |||||||
| 3434 WASHINGTON BLVD MS 1C5 | ARLINGTIN | VA | 22201 | NONE | PC | GENERAL CHARITABLE PURPOSES | $50,000 |
| INTEGRATED COMMUNITY ALTERNATIVES NETWORK | |||||||
| 310 MAIN ST | UTICA | NY | 13501 | NONE | PC | GENERAL CHARITABLE PURPOSES | $238,625 |
| JOHNSON PARK CENTER | |||||||
| 26 JOHNSON PARK | UTICA | NY | 13501 | NONE | PC | GENERAL CHARITABLE PURPOSES | $250,000 |
| LEATHERSTOCKING COUNCIL | |||||||
| 1401 GENESEE ST | UTICA | NY | 13501 | NONE | PC | GENERAL CHARITABLE PURPOSES | $2,741 |
| KEENAN CENTER FOR ENTREPRENEURSHIP (MORE GOOD JOBS) | |||||||
| 1419 SALT SPRINGS RD | SYRACUSE | NY | 13214 | NONE | PC | GENERAL CHARITABLE PURPOSES | $35,500 |
| LITTLE FALLS CITY SCHOOL DISTRICT | |||||||
| 15 PETRIE ST | LITTLE FALLS | NY | 13365 | NONE | PC | GENERAL CHARITABLE PURPOSES | $414,164 |
| LITTLE FALLS YOUTH & FAMILY CENTER | |||||||
| 15 JACKSON ST | LITTLE FALLS | NY | 13365 | NONE | PC | GENERAL CHARITABLE PURPOSES | $200,000 |
| THE MASONIC MEDICAL RESEARCH INSTITUTE | |||||||
| 2150 BLEECKER ST | UTICA | NY | 13501 | NONE | PC | GENERAL CHARITABLE PURPOSES | $20,000 |
| MILLION DOLLAR WOMEN FUND | |||||||
| 111 W 67TH ST APT 27D | NEW YORK CITY | NY | 10023 | NONE | PC | GENERAL CHARITABLE PURPOSES | $30,000 |
| MUCC | |||||||
| 2101 WOOD ST | LANSING | MI | 48912 | NONE | PC | GENERAL CHARITABLE PURPOSES | $91,500 |
| MUSIC HEALS INTERNATIONAL | |||||||
| PO BOX 2593 | MILL VALLEY | CA | 94942 | NONE | PC | GENERAL CHARITABLE PURPOSES | $15,000 |
| MVR CENTER FOR REFUGEES | |||||||
| 201 BLEECKER ST | UTICA | NY | 13501 | NONE | PC | GENERAL CHARITABLE PURPOSES | $90,000 |
| MOHAWK VALLEY ECONOMIC DEVELOPMENT DISTRICT | |||||||
| 26 W MAIN ST | MOHAWK | NY | 13407 | NONE | PC | GENERAL CHARITABLE PURPOSES | $5,000 |
| ON POINT FOR COLLEGE | |||||||
| 488 W ONONDAGA ST | SYRACUSE | NY | 13202 | NONE | PC | GENERAL CHARITABLE PURPOSES | $5,000 |
| REPRESENTUS | |||||||
| PO BOX 60008 | FLORENCE | MA | 01062 | NONE | PC | GENERAL CHARITABLE PURPOSES | $200,000 |
| SCULPTURE SPACE | |||||||
| 12 GATES ST | UTICA | NY | 13502 | NONE | PC | GENERAL CHARITABLE PURPOSES | $5,000 |
| SHIPPENSBURG UNIVERSITY | |||||||
| 1871 OLD MAIN DR | SHIPPENSBURG | PA | 17257 | NONE | PC | GENERAL CHARITABLE PURPOSES | $20,000 |
| THE SIGNALS NETWORK INC | |||||||
| 268 BUSH STREET 4216 | SAN FRANCISCO | CA | 94104 | NONE | PC | GENERAL CHARITABLE PURPOSES | $5,000 |
| SLEEP IN HEAVENLY PEACE | |||||||
| 669 W QUINN BUILDING 42 | POCATELLO | ID | 83202 | NONE | PC | GENERAL CHARITABLE PURPOSES | $10,000 |
| SPECIAL OPERATIONS WARRIOR FOUNDATION | |||||||
| PO BOX 89367 | TAMPA | FL | 33689 | NONE | PC | GENERAL CHARITABLE PURPOSES | $20,000 |
| THE COMMUNITY FOUNDATION OF HERKIMER & ONEIDA COUNTY | |||||||
| 2608 GENESEE ST | UTICA | NY | 13502 | NONE | PC | GENERAL CHARITABLE PURPOSES | $765,997 |
| UATX UNIVERSITY OF AUSTIN | |||||||
| 522 CONGRESS AVE STE 300 | AUSTIN | TX | 78701 | NONE | PC | GENERAL CHARITABLE PURPOSES | $200,000 |
| UNITE AMERICA INSTITUTE | |||||||
| 1580 LINCOLN ST SUITE 520 | DENVER | CO | 80203 | NONE | PC | GENERAL CHARITABLE PURPOSES | $50,000 |
| UPSTATE VENTURE CONNECT | |||||||
| 690 EAST MAIN ST | LITTLE FALLS | NY | 13365 | NONE | PC | GENERAL CHARITABLE PURPOSES | $100,000 |
| UPTOWN THEATER | |||||||
| 2014 GENESEE ST | UTICA | NY | 13502 | NONE | PC | GENERAL CHARITABLE PURPOSES | $10,000 |
| VETERANS FOR ALL VOTERS | |||||||
| 8816 MANCHESTER RD SUITE 101 | BRENTWOOD | MO | 63144 | NONE | PC | GENERAL CHARITABLE PURPOSES | $125,000 |
| WATER MISSION | |||||||
| 1150 MOLLY GREENE WAY BUILDING 1605 | NORTH CHARLESTON | SC | 29405 | NONE | PC | GENERAL CHARITABLE PURPOSES | $118,400 |
| YMCA OF GREATER TRI-VALLEY ROME | |||||||
| 301 W BLOOMFIELD ST | ROME | NY | 13440 | NONE | PC | GENERAL CHARITABLE PURPOSES | $250,000 |
| YOUNG SCHOLARS LLP | |||||||
| 1600 BURRSTONE RD | UTICA | NY | 13502 | NONE | PC | GENERAL CHARITABLE PURPOSES | $5,000 |
| YWCA OF THE MOHAWK VALLEY | |||||||
| 310 RUTGER ST | UTICA | NY | 13501 | NONE | PC | GENERAL CHARITABLE PURPOSES | $20,028 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $4,420,455 | 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 | $63,145 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $397,041 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $54,831 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$56,664 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $458,353 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $458,353 | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE BABINEC FAMILY TRUST | BusinessNameLine1Txt |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 28 WAVERLY PLACE | AddressLine1Txt |
| City | LITTLE FALLS | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 13365 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $8,394,015 | TotalContributionsAmt |
| Noncash Contribution | Yes (X) | NoncashContributionInd |
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Noncash Property | 120,000 SHARES OF TRINET GROUP INC. | NoncashPropertyDesc |
| Fair Market Value | $8,394,015 | FairMarketValueAmt |
| Received | 2023-06-02 | ReceivedDt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | ROCKEFELLER CAPITAL MGMT - CORPORATION BONDS | BondNm |
| EOY Book Value | $3,068,154 | EOYBookValueAmt |
| EOYFMV | $3,068,154 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | INVESTMENTS- ROCKEFELLER CAPITAL MANAGEMENT | StockNm |
| EOY Book Value | $14,704,496 | EOYBookValueAmt |
| EOYFMV | $14,704,496 | EOYFMVAmt |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $0 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $0 | USGovtObligationsEOYFMVAmt |
| State Local Sec Book Vl EOY | $3,728,324 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $3,728,324 | StateLocalSecEOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (8 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| INVESTMENT FEES | $45,348 | $45,348 | $0 | $0 |
| SPACE RENTAL | $2,175 | $326 | $0 | $1,849 |
| TECHNOLOGY AND SOFTWARE | $2,173 | $326 | $0 | $1,847 |
| BANK CHARGES & FEES | $65 | $65 | $0 | $0 |
| INSURANCE EXPENSE | $1,586 | $238 | $0 | $1,348 |
| SPONSORSHIPS | $10,000 | $0 | $0 | $10,000 |
| EVENT RELATED EXPENSES | $1,917 | $0 | $0 | $1,917 |
| FILING FEES | $775 | $116 | $0 | $659 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER INVESTMENT INCOME | Desc |
| Revenue And Expenses Per Books | $54,831 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $54,831 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $54,831 | AdjustedNetIncomeAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| NET UNREALIZED GAIN (LOSS) | $4,758,782 |
| ACCRUAL TO CASH | $11,365 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | MANAGEMENT FEES | CategoryTxt |
| Amt | $150,000 | Amt |
| Net Investment Income | $22,500 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $127,500 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| EXCISE TAXES | $10,965 | $0 | $0 | $0 |
| FOREIGN INVESTMENT TAXES | $4,582 | $4,582 | $0 | $0 |
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