MUSHETT FAMILY FOUNDATION INC: Form 990PF, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- MUSHETT FAMILY FOUNDATION INC (EIN 22-3614593)
- Tax period
- 2022-06-01 to 2023-05-31
- Filed
- 2023-07-20
- IRS object ID
- 202302019349100910
- 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
- Form 990-PF
- Accounting Fees Schedule
- Depreciation Schedule
- Gain Loss Sale Other Assets Sch
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Land Etc Schedule2
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-07-20T14:49:37-05:00 | ReturnTs |
| Tax Period End | 2023-05-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 871353108 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EISNER ADVISORY GROUP LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 111 WOOD AVENUE SOUTH | AddressLine1Txt |
| City | ISELIN | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 088302700 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2022-06-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 223614593 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MUSHETT FAMILY FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MUSH | BusinessNameControlTxt |
| Phone | 9088794699 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 MILL RIDGE LANE SUITE 202 | AddressLine1Txt |
| City | CHESTER | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07930 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MARK DAALEMAN | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 9088794699 | PhoneNum |
| Signature | 2023-07-19 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | MARK | PersonFirstNm |
| Person Last | DAALEMAN | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| 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 | BARBARA TAIBI | PreparerPersonNm |
| PTIN | P00179526 | PTIN |
| Phone | 7322437000 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $12,922,013 | 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 |
| Dividends Rev And Expnss | $336,180 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $336,180 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $48,612 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $701,502 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $48,612 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $384,792 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $384,792 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $0 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $51,769 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $25,884 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $0 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $25,885 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $17,976 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $8,988 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Adj Net Incm | $0 | OthEmplSlrsWgsAdjNetIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $8,988 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $5,565 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $5,565 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $29,676 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $29,676 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $0 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $5,348 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $1,035 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $0 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $1,035 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $772 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $386 | DeprecAndDpltnNetInvstIncmAmt |
| Deprec And Dpltn Adj Net Incm | $0 | DeprecAndDpltnAdjNetIncmAmt |
| Occupancy Rev And Expnss | $14,516 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $7,258 | OccupancyNetInvstIncmAmt |
| Occupancy Adj Net Incm | $0 | OccupancyAdjNetIncmAmt |
| Occupancy Dsbrs Chrtbl | $7,258 | OccupancyDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $37,103 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $18,551 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $0 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $18,551 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $162,725 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $97,343 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $61,717 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $713,520 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $713,520 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $876,245 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $97,343 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $775,237 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$491,453 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $287,449 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $321,771 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $478,968 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $478,968 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $1,972,710 | CorporateStockBOYAmt |
| Corporate Stock EOY | $1,972,710 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $5,788,296 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $3,248,069 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $3,075,378 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $3,299,367 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $3,929,143 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $3,443,247 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $3,344,227 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $6,213 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $1,618 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $355 | LandBOYAmt |
| Land EOY | $4,595 | LandEOYAmt |
| Land EOYFMV | $4,595 | LandEOYFMVAmt |
| Other Assets BOY | $6,560 | OtherAssetsBOYAmt |
| Other Assets EOY | $6,560 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $6,560 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $9,478,608 | TotalAssetsBOYAmt |
| Total Assets EOY | $8,981,458 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $12,922,013 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $9,478,608 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $8,981,458 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $9,478,608 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $8,981,458 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $9,478,608 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $8,981,458 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $9,478,608 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$491,453 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $8,987,155 | SubtotalAmt |
| Other Decreases | $5,697 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $8,981,458 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (12 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | SoldSoldDt | Cost Or Other BasisCostOrOtherBasisAmt |
|---|---|---|---|---|---|---|
| VANGUARD # 1985 - CAPITAL GAIN DISTRIBUTIONS | P | $1,423 | $1,423 | $1,423 | ||
| 379.133 SHS VNGRD RL EST IDX ADML | P | $50,000 | $6,814 | $6,814 | 2022-09-13 | $43,186 |
| 401.542 SHS VNGRD RL EST IDX ADML | P | $50,000 | $4,435 | $4,435 | 2022-12-01 | $45,565 |
| 364.485 SHS VNGRD SMCP VAL IDX ADML | P | $25,000 | $6,984 | $6,984 | 2022-09-13 | $18,016 |
| 660 SHS VNGRD INTRM TRM BD ETF | P | $49,971 | -$5,570 | -$5,570 | 2022-12-01 | $55,541 |
| 10000 SHS VNGRD S/TRM INVT GR ADML | P | $100,000 | -$6,889 | -$6,889 | 2022-09-13 | $106,889 |
| 5005.005 SHS VNGRD S/TRM INVT GR ADML | P | $50,000 | -$3,498 | -$3,498 | 2022-12-01 | $53,498 |
| 205 SHS VNGRD S&P 500 ETF | P | $75,080 | $35,783 | $35,783 | 2022-09-13 | $39,297 |
| 460.405 SHS VNGRD EXT MKT IDX ADML | P | $50,000 | $16,835 | $16,835 | 2022-12-01 | $33,165 |
| 977 SHS BSV | P | $75,028 | -$2,824 | -$2,824 | 2002-04-26 | $77,852 |
| 9881.42 SHS VFSUX | P | $100,000 | -$5,621 | -$5,621 | 2002-04-26 | $105,621 |
| 657.606 SHS VGSLX | P | $75,000 | $740 | $740 | 2002-04-26 | $74,260 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $48,612 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $0 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $3,996 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $3,996 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $3,996 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $4,000 | 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 | $4,000 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $4 | OverpaymentAmt |
| Applied To ES Tax | $4 | 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 | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| 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 | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ORGANIZATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 9088794699 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 MILL RIDGE LANE SUITE 202 | AddressLine1Txt |
| City | CHESTER | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07930 | 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 | Yes (1) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| 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 (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 |
|---|---|---|---|---|---|---|---|---|
| MARK DAALEMAN ELEC 061721 | ||||||||
| 836 KIMBALL AVENUE | WESTFIELD | NJ | 07090 | PRESIDENT | 5.00 | $45,769 | $0 | $0 |
| JAMES MORGAN MD | ||||||||
| 653 UPPER MOUNTAIN AVENUE | UPPER MONTCLAIR | NJ | 07043 | TRUSTEE | 2.00 | $6,000 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
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 | $12,625,496 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $479,758 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $9,035 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $13,114,289 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $13,114,289 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $196,714 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $12,917,575 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $645,879 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $645,879 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $3,996 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $3,996 | TotalTaxAmt |
| Distributable Before Adj | $641,883 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $641,883 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $641,883 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $775,237 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $775,237 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $641,883 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $502,353 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $775,237 | QualifyingDistributionsAmt |
| Applied To Year1 | $502,353 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $272,884 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $368,999 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (19 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| BOYS & GIRLS CLUB UC | ||||||
| 1050 JEANETTE AVENUE | UNION | NJ | 07083 | PC | GENERAL OPERATING | $20,000 |
| CATHOLIC MEDICAL MISSON BOARD | ||||||
| 10 WEST 17TH STREET | NEW YORK | NY | 10011 | PC | GENERAL OPERATING | $25,000 |
| CATHOLIC RELIEF SERVICES | ||||||
| 228 WEST LEXINGTON STREET | BALTIMORE | MD | 21201 | PC | GENERAL OPERATING | $10,000 |
| COMMUNITY FOOD BANK OF NJ INC | ||||||
| 31 EVANS TERMINAL ROAD | NEW JERSEY | NJ | 07205 | PC | GENERAL OPERATING | $41,000 |
| COVENANT HOUSE NJ INC | ||||||
| 231 COURT STREET | ELIZABETH | NJ | 07206 | PC | GENERAL OPERATING | $25,000 |
| DOCTORS WITHOUT BORDERS | ||||||
| 40 RECTOR STREET 16TH FLOOR | NEW YORK | NY | 10006 | PC | GENERAL OPERATING | $65,000 |
| ELIZABETH COALITION TO HOUSE THE HOMELESS | ||||||
| 118 DIVISION STREET | ELIZABETH | NJ | 07201 | PC | GENERAL OPERATING | $20,000 |
| EVA'S VILLAGE | ||||||
| 393 MAIN STREET | PATERSON | NJ | 07501 | PC | GENERAL OPERATING | $10,000 |
| FAMILY PROMISE | ||||||
| 71 SUMMIT AVENUE | SUMMIT | NJ | 07901 | PC | GENERAL OPERATING | $20,000 |
| FRIENDS OF GREAT SWAMP | ||||||
| 241 PLEASANT PLAINS ROAD | BASKING RIDGE | NJ | 07920 | PC | GENERAL OPERATING | $8,870 |
| GROUNDWORK ELIZABETH | ||||||
| 205 FIRST STREET | ELIZABETH | NJ | 07206 | PC | GENERAL OPERATING | $19,700 |
| INTERFAITH FOOD PANTRY | ||||||
| 2 EXECUTIVE DRIVE | MORRIS PLAINS | NJ | 07950 | PC | GENERAL OPERATING | $30,000 |
| JEWISH FAMILY SERVICES | ||||||
| 655 WESTFILED AVENUE | ELIZABETH | NJ | 07208 | PC | GENERAL OPERATING | $41,200 |
| LAMP FOR HAITI- THE LAMP FOUNDATION | ||||||
| PO BOX 39703 | PHILADELPHIA | PA | 19106 | PC | GENERAL OPERATING | $32,750 |
| MEMORIAL SLOAN KETTERING CANCER CENTER | ||||||
| 633 3RD AVENUE 28TH FLOOR | NEW YORK | NY | 10017 | PC | GENERAL OPERATING | $150,000 |
| PARTNERS IN HEALTH | ||||||
| 888 COMMONWEALTH AVENUE 3RD FLOOR | BOSTON | MA | 02215 | PC | GENERAL OPERATING | $25,000 |
| ST JOSEPH SOCIAL SERVICE CENTER | ||||||
| 118 DIVISION STREET | ELIZABETH | NJ | 07201 | PC | GENERAL OPERATING | $80,000 |
| ST LUKE FOUNDATION FOR HAITI | ||||||
| 58 LYNN ROAD | IVORYTON | CT | 06442 | PC | GENERAL OPERATING | $30,000 |
| THE NEW YORK ACADEMY OF SCIENCES | ||||||
| 115 BROADWAY 8TH FLOOR | NEW YORK | NY | 10006 | PC | GENERAL OPERATING | $60,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $713,520 | 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 | $336,180 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $48,612 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $384,792 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $384,792 | 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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $5,565 | Amt |
| Net Investment Income | $5,565 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (4 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Prior Year DepreciationPriorYearDepreciationAmt | Computation MethodComputationMethodTxt | LifeLifeRt | Current Year ExpenseCurrentYearExpenseAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|---|---|---|---|---|
| OFFICE EQUIPMENT | 2008-02-22 | $1,201 | $1,201 | SL | 5.000000000000 | $0 | $0 | $0 |
| COMPUTER | 2017-12-04 | $3,568 | $3,213 | SL | 5.000000000000 | $355 | $0 | $355 |
| COMPUTER | 2022-12-22 | $1,757 | SL | 5.000000000000 | $146 | $0 | $146 | |
| COMPUTER | 2022-12-23 | $3,255 | SL | 5.000000000000 | $271 | $0 | $271 |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Asset | COMPUTER | AssetDesc |
| How Acquired | PURCHASED | HowAcquiredTxt |
| Sold | 2022-12 | SoldDt |
| Basis | $3,568 | BasisAmt |
| Basis Method | COST | BasisMethodTxt |
| Sales Expense | $0 | SalesExpenseAmt |
| Accumulated Depreciation | $3,568 | AccumulatedDepreciationAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | CORPORATE BONDS | BondNm |
| EOY Book Value | $3,075,378 | EOYBookValueAmt |
| EOYFMV | $3,299,367 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | COMMON STOCK | StockNm |
| EOY Book Value | $1,972,710 | EOYBookValueAmt |
| EOYFMV | $5,788,296 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | MUTUAL FUNDS | CategoryOrItemTxt |
| Listed At Cost Or FMV | AT COST | ListedAtCostOrFMVCd |
| Book Value | $3,443,247 | BookValueAmt |
| EOYFMV | $3,344,227 | EOYFMVAmt |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (3 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|---|
| OFFICE EQUIPMENT | $1,201 | $1,201 | $0 | $0 |
| COMPUTER | $1,757 | $146 | $1,611 | $1,611 |
| COMPUTER | $3,255 | $271 | $2,984 | $2,984 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | SECURITY DEPOSIT | Desc |
| BOY Book Value | $6,560 | BOYBookValueAmt |
| EOY Book Value | $6,560 | EOYBookValueAmt |
| EOYFMV | $6,560 | EOYFMVAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | BASIS ADJUSTMENT VANGUARD REAL ESTATE INDEX ADMIRAL CL (VGSLX ) | Desc |
| Amt | $5,697 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (6 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| OFFICE EXPENSE | $5,235 | $2,617 | $0 | $2,617 |
| POSTAGE | $24 | $12 | $0 | $12 |
| UTILITIES | $2,822 | $1,411 | $0 | $1,411 |
| OFFICE SUPPLIES | $1,688 | $844 | $0 | $844 |
| INSURANCE | $1,176 | $588 | $0 | $588 |
| PAYROLL FEES | $26,158 | $13,079 | $0 | $13,079 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT FEES | CategoryTxt |
| Amt | $29,676 | Amt |
| Net Investment Income | $29,676 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| PAYROLL TAXES | $2,071 | $1,035 | $0 | $1,035 |
| IRS TAX | $3,277 | $0 | $0 | $0 |
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