SEAN AND CATHY HANLON FOUNDATION INC: Form 990PF, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
SEAN AND CATHY HANLON FOUNDATION INC (EIN 47-2415209)
Tax period
2022-01-01 to 2022-12-31
Filed
2023-05-06
IRS object ID
202301269349100905
Schema version
2022v5.0
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 ReturnHeader

FieldValueIRS element (for citing)
Return2023-05-06T11:36:38-07:00ReturnTs
Tax Period End2022-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN222905090PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Paul S Bauer CPA PABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11601 Tilton Road Ste 5AddressLine1Txt
CityNorthfieldCityNm
State AbbreviationNJStateAbbreviationCd
ZIP08225ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2022-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN472415209EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1The Sean and Cathy HanlonBusinessNameLine1Txt
Business Name Line2Foundation IncBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlSEANBusinessNameControlTxt
Phone6096011200PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line111877 Lost Tree WayAddressLine1Txt
CityNorth Palm BeachCityNm
State AbbreviationFLStateAbbreviationCd
ZIP33408ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJohn J Hanlon IVPersonNm
Person TitleTrusteePersonTitleTxt
Signature2023-04-24SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstJohn J HanlonPersonFirstNm
Person LastIVPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonPaul BauerPreparerPersonNm
PTINP01202995PTIN
Phone6096452888PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
Federated Assurance LevelFAL1FederatedAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$67,431FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Dividends Rev And Expnss$1,061DividendsRevAndExpnssAmt
Dividends Net Invst Incm$1,061DividendsNetInvstIncmAmt
Dividends Adj Net Incm$1,061DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss-$2,085NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$110,833GrossSalesPriceAmt
Total Rev And Expnss-$1,024TotalRevAndExpnssAmt
Total Net Invst Incm$1,061TotalNetInvstIncmAmt
Total Adj Net Incm$1,061TotalAdjNetIncmAmt
Taxes Rev And Expnss$149TaxesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$149TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$43,700ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$43,700ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$43,849TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$43,700TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$44,873ExcessRevenueOverExpensesAmt
Net Investment Income$1,061NetInvestmentIncomeAmt
Adjusted Net Income$1,061AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$22,267SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$17,537SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$17,537SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$94,537CorporateStockBOYAmt
Corporate Stock EOY$55,382CorporateStockEOYAmt
Corporate Stock EOYFMV$49,894CorporateStockEOYFMVAmt
Total Assets BOY$116,804TotalAssetsBOYAmt
Total Assets EOY$72,919TotalAssetsEOYAmt
Total Assets EOYFMV$67,431TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$116,804NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$72,919NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$116,804TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$72,919TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$116,804TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$72,919TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$116,804TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$44,873ExcessRevenueOverExpensesAmt
Other Increases$988OtherIncreasesAmt
Subtotal$72,919SubtotalAmt
Tot Net Ast Or Fund Balances EOY$72,919TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (5 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
Sale of Investments - STP2022-01-012022-12-31$17,304$18,698-$1,394-$1,394
Sale of Investments - LTP2000-01-012022-12-31$86,430$86,464-$34-$34
Sale of Investments - STP2022-01-012022-12-31$2,829$2,871-$42-$42
Sale of Investments - LTP2000-01-012022-12-31$4,270$4,885-$615-$615
Wash Sale$252
FieldValueIRS element (for citing)
Capital Gain Net Income-$1,833CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss-$1,218NetShortTermCapitalGainLossAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$15InvestmentIncomeExciseTaxAmt
Subtotal$15SubtotalAmt
Tax Based On Investment Income$15TaxBasedOnInvestmentIncomeAmt
Tax Due$15TaxDueAmt
Applied To ES Tax$0AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedfalseSection508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1John J Hanlon IVBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6096011200PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line111877 Lost Tree WayAddressLine1Txt
CityNorth Palm BeachCityNm
State AbbreviationFLStateAbbreviationCd
ZIP33408ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Acts Fail To Qlfy As ExceptionsfalseActsFailToQlfyAsExceptionsInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
John J Hanlon IV
11877 Lost Tree WayNorth Palm BeachFL33408Trustee0.00$0
Cathy L Hanlon
11877 Lost Tree WayNorth Palm BeachFL33408Trustee0.00$0
John J Hanlon V
11877 Lost Tree WayNorth Palm BeachFL33408Trustee0.00$0
Erin S Hanlon
11877 Lost Tree WayNorth Palm BeachFL33408Trustee0.00$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1New Jersey Community Food BankDescription1Txt
Expenses1$5,000Expenses1Amt
Description2Johns Hopkins UniversityDescription2Txt
Expenses2$4,000Expenses2Amt
Description3The Lost Tree Charitable FoundationDescription3Txt
Expenses3$3,500Expenses3Amt
Description4The Marine Mammal Stranding CenterDescription4Txt
Expenses4$2,500Expenses4Amt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$0AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$0TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$0AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$0CashDeemedCharitableAmt
Net Vl Noncharitable Assets$0NetVlNoncharitableAssetsAmt
Minimum Investment Return$0MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Tax Based On Investment Income$15TaxBasedOnInvestmentIncomeAmt
Total Tax$15TotalTaxAmt
Distributable Before Adj$15DistributableBeforeAdjAmt
Distributable Before Ded$15DistributableBeforeDedAmt
Distributable As Adjusted$0DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$43,700ExpensesAndContributionsAmt
Qualifying Distributions$43,700QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$0DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$558,617ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$401,751ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$60,250ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$388,462ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$45,890ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$1,454,970TotalExcessDistributionCyovAmt
Qualifying Distributions$43,700QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Remaining Distri From Corpus$43,700RemainingDistriFromCorpusAmt
Total Corpus$1,498,670TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$558,617ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$940,053ExcessDistriCyovToNextYrAmt
Excess From Year4$401,751ExcessFromYear4Amt
Excess From Year3$60,250ExcessFromYear3Amt
Excess From Year2$388,462ExcessFromYear2Amt
Excess From Year1$45,890ExcessFromYear1Amt
Excess From Current Year$43,700ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonThe Sean and Cathy Hanlon FoundatioRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line111877 Lost Tree WayAddressLine1Txt
CityNorth Palm BeachCityNm
State AbbreviationFLStateAbbreviationCd
ZIP33408ZIPCd
FieldValueIRS element (for citing)
Recipient Phone6096011200RecipientPhoneNum
Form And Info And MaterialsN/AFormAndInfoAndMaterialsTxt
Submission DeadlinesN/ASubmissionDeadlinesTxt
Restrictions On AwardsN/ARestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

FieldValueIRS element (for citing)
Recipient PersonMiscellaneous 501 c3 organizationsRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1VariousAddressLine1Txt
CityVariousCityNm
State AbbreviationNJStateAbbreviationCd
ZIP08232ZIPCd
FieldValueIRS element (for citing)
Recipient RelationshipNoneRecipientRelationshipTxt
Recipient Foundation StatusNCRecipientFoundationStatusTxt
Grant Or Contribution PurposeCharitable PurposesGrantOrContributionPurposeTxt
Amt$43,700Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$43,700TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$1,061RelatedOrExemptFunctionIncmAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm-$2,085RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm-$1,024RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty-$1,024TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

FieldValueIRS element (for citing)
DescWash Sale DisallowanceDesc
Amt$988Amt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryFederal Income TaxCategoryTxt
Amt$149Amt

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