J C KELLOGG FOUNDATION: Form 990PF, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- J C KELLOGG FOUNDATION (EIN 13-6092448)
- Tax period
- 2021-09-01 to 2022-08-31
- Filed
- 2023-07-14
- IRS object ID
- 202311959349100811
- Schema version
- 2021v4.2
- 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
- Contractor Compensation Expln
- Depreciation Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-07-14T12:44:32-05:00 | ReturnTs |
| Tax Period End | 2022-08-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | IAT RE LTD | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 48 WALL STREET | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10005 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2021-09-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 136092448 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JC KELLOGG FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % MICHAEL PICKETT | InCareOfNm |
| Business Name Control | JCKE | BusinessNameControlTxt |
| Phone | 2123895841 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O IAT INSURANCE GROUP INC | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10005 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | PETER KELLOGG | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 2123895841 | PhoneNum |
| Signature | 2023-01-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | PETER | PersonFirstNm |
| Person Last | KELLOGG | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MICHAEL PICKETT | PreparerPersonNm |
| PTIN | P01208263 | PTIN |
| Phone | 2123895835 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | 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 | $138,913,218 | 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 | $0 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $2,702,812 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $2,678,009 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $3,438,042 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $7,771,481 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $3,438,042 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $3,698,193 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $642,187 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $9,839,047 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $6,758,238 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Other Prof Fees Rev And Expnss | $343,050 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $343,050 | OtherProfFeesNetInvstIncmAmt |
| Interest Rev And Expnss | $421 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $421 | InterestNetInvstIncmAmt |
| Taxes Rev And Expnss | $64,081 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $24,081 | TaxesNetInvstIncmAmt |
| Deprec And Dpltn Rev And Expnss | $191,133 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $191,133 | DeprecAndDpltnNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $24,181 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $24,181 | OtherExpensesNetInvstIncmAmt |
| Tot Opr Expenses Rev And Expnss | $622,866 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $582,866 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $4,108,916 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $4,108,916 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $4,731,782 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $582,866 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $4,108,916 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $5,107,265 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $6,175,372 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $831,623 | CashBOYAmt |
| Cash EOY | $2,721,814 | CashEOYAmt |
| Cash EOYFMV | $2,721,814 | CashEOYFMVAmt |
| US Government Obligations BOY | $1,264,084 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $210,192 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $221,609 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $77,537,128 | CorporateStockBOYAmt |
| Corporate Stock EOY | $81,184,139 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $131,971,900 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $102,029 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $1,039,784 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $997,889 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $2,734,433 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $2,930,429 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $2,954,482 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $40,569 | OtherAssetsBOYAmt |
| Other Assets EOY | $45,524 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $45,524 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $82,509,866 | TotalAssetsBOYAmt |
| Total Assets EOY | $88,131,882 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $138,913,218 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $140,348 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $316,630 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $140,348 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $316,630 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $58,436,098 | CapitalStockBOYAmt |
| Capital Stock EOY | $58,436,098 | CapitalStockEOYAmt |
| Retained Earning BOY | $23,933,420 | RetainedEarningBOYAmt |
| Retained Earning EOY | $29,040,685 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $82,369,518 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $87,815,252 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $82,509,866 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $88,131,882 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $82,369,518 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $5,107,265 | ExcessRevenueOverExpensesAmt |
| Other Increases | $338,469 | OtherIncreasesAmt |
| Subtotal | $87,815,252 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $87,815,252 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (4 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|
| THRU CHARLES SCHWAB-8408 | 2000-08-31 | 2021-09-16 | $2,673,381 | $610,474 | $2,062,907 | $2,062,907 |
| THRU CHARLES SCHWAB-8408 | 2021-12-18 | 2022-01-31 | $1,189,805 | $1,185,045 | $4,760 | $4,760 |
| THRU MERRION SECURITIES-1038 | 2021-05-16 | 2022-01-22 | $130,312 | $130,312 | $130,312 | |
| THRU MERRION SECURITIES-1038 | 2020-03-15 | 2022-04-19 | $3,777,983 | $2,537,920 | $1,240,063 | $1,240,063 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $3,438,042 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $85,838 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $85,838 | SubtotalAmt |
| Tax Based On Investment Income | $85,838 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $29,730 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $40,000 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $69,730 | TotalPaymentsAndCreditsAmt |
| Tax Due | $16,108 | TaxDueAmt |
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 | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | NJ | OrgReportOrRegisterStateCd |
| 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 | Yes (true) | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MICHAEL PICKETT | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2123895835 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 48 WALL SREET | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10005 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Undistr Incm Sect4942a2 Not App | false | UndistrIncmSect4942a2NotAppInd |
| 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 |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Proceeds Or Net Income | false | ProceedsOrNetIncomeInd |
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 |
|---|---|---|---|---|---|---|---|---|
| GAIL KELLOGG | ||||||||
| C/O IAT INSURANCE GROUP INC | NEW YORK | NY | 10005 | PRESIDENT/TREASURER | 0 | $0 | $0 | $0 |
| PETER R KELLOGG | ||||||||
| C/O IAT INSURANCE GROUP INC | NEW YORK | NY | 10005 | VICE PRESIDENT | 0 | $0 | $0 | $0 |
| MORRIS W KELLOGG | ||||||||
| C/O IAT INSURANCE GROUP INC | NEW YORK | NY | 10005 | TRUSTEE | 0 | $0 | $0 | $0 |
| RICHARD I KELLOGG | ||||||||
| C/O IAT INSURANCE GROUP INC | NEW YORK | NY | 10005 | TRUSTEE | 0 | $0 | $0 | $0 |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| MERRION SECURITIES LLC | |||||
| 210 ELMER STREET | WESTFIELD | NJ | 07090 | INVESTMENT ADVISORY | $129,370 |
| CHARLES SCHWAB | |||||
| 211 MAIN STREET | SAN FRANCISCO | CA | 94105 | INVESTMENT ADVISOR | $213,680 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Summary Of Direct Chrtbl Acty | SummaryOfDirectChrtblActyGrp |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | NONE | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $146,030,904 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,833,476 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $2,954,000 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $150,818,380 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $150,818,380 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $2,262,276 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $148,556,104 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $7,427,805 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $7,427,805 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $85,838 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $85,838 | TotalTaxAmt |
| Distributable Before Adj | $7,341,967 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $7,341,967 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $7,341,967 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $4,108,916 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $4,108,916 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $7,341,967 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $419,796 | UndistributedIncomePYAmt |
| Prior Year1 | 2019 | PriorYear1Yr |
| Prior Year2 | 2018 | PriorYear2Yr |
| Prior Year3 | 2017 | PriorYear3Yr |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Qualifying Distributions | $4,108,916 | QualifyingDistributionsAmt |
| Applied To Year1 | $419,796 | AppliedToYear1Amt |
| Applied To Current Year | $3,689,120 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Undistributed Income CY | $3,652,847 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
| Excess From Current Year | $0 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | MORRIS W KELLOGG RICHARD I KELLO | ContributingManagerNm |
| Contributing Manager | PETER R KELLOGG | ContributingManagerNm |
| Shareholder Manager | NONE | ShareholderManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (2 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| COMMUNITY FOUNDATION OF NEW JERSEY | ||||||
| 35 KNOX HILL RD | MORRISTOWN | NJ | 07960 | NONE | DONOR ADVISED FUND | $3,808,916 |
| COMMUNITY FOUNDATION OF NEW JERSEY | ||||||
| 35 KNOX HILL ROAD | MORRISTOWN | NJ | 07960 | NONE | TO HELP ORGANIZATION IN ITS 501(c)3 FUNCTION | $300,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $4,108,916 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp |
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Related Or Exempt Function Incm | $2,702,812 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Income | OtherInvestmentIncomeGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Related Or Exempt Function Incm | $3,438,042 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Other Revenue Described OtherRevenueDescribedGrp (4 entries)
| DescDesc | ExclusionExclusionCd | Related Or Exempt Function IncmRelatedOrExemptFunctionIncmAmt |
|---|---|---|
| OIL REVENUE, PARTNERSHIP INCOME | 18 | $3,706,505 |
| PARTNERSHIP LOSS,UNREALIZED GAIN ON CONTRIBUTED | ||
| SECURITIES | ||
| INCOME REPORTED ON FORM 990T | -$8,312 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $9,839,047 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $9,839,047 | 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 |
Contractor Compensation Expln ContractorCompensationExpln
Contractor Comp Expln ContractorCompExplnGrp (2 entries)
| ExplanationExplanationTxt |
|---|
| MERRION SECURITIES LLC |
| MANAGEMENT OF INVESTMENT ACCOUNTS |
| CHARLES SCHWAB |
| MANAGEMENT OF INVESTMENT ACCOUNT |
Depreciation Schedule DepreciationSchedule
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | CORPORATE BONDS- SCHWAB-8408 | BondNm |
| EOY Book Value | $1,039,784 | EOYBookValueAmt |
| EOYFMV | $997,889 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (9 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| THRU MERRION SECURITIES-1038 | $0 | $0 |
| THRU MERRION SECURITIES-1153 | $56,376 | $0 |
| THRU MERRION SECURITIES-1008 | $0 | $0 |
| THRU CHARLES SCHWAB-8408 | $15,544,402 | $29,211,969 |
| THRU VANGUARD | $23,078,957 | $29,290,564 |
| THRU CHARLES SCHWAB-3069 | $23,830,857 | $47,295,722 |
| THRU CHARLES SCHWAB-7101 | $17,662,762 | $25,022,679 |
| THRU CHARLES SCHWAB-7101 | $732,109 | $857,350 |
| THRU CHARLES SCHWAB-8582 | $278,676 | $293,616 |
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 | $210,192 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $221,609 | StateLocalSecEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (5 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| KEEFE BRUYETTE & WOODS | AT COST | $100 | $100 |
| COMPASS ROYALTY MGMT LLC | AT COST | $2,345,904 | $2,345,904 |
| NIBMO PARTNERS | AT COST | $58,327 | $58,327 |
| LANCO II | AT COST | $63 | $63 |
| THRU CHARLES SCHWAB-MLP | AT COST | $526,035 | $550,088 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | RECEIVABLE COMPASS | Desc |
| BOY Book Value | $40,569 | BOYBookValueAmt |
| EOY Book Value | $45,524 | EOYBookValueAmt |
| EOYFMV | $45,524 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| FOUNDATION DUES | $5,250 | $5,250 |
| BANK FEES | $150 | $150 |
| FILING FEES | $31 | $31 |
| CONSULTING FEES | $18,750 | $18,750 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (8 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| COMPASS ROYALTIES MGMT LLC & APACHE OIL | $666,214 | $666,214 |
| NIMBO PARTNERS EIN 98-0470112 | $551 | $551 |
| ENTERPRISE PRODUCTS PARTNERS LP 76-05868 | -$16,416 | -$16,416 |
| MISCELLANEOUS INCOME | $150 | $150 |
| NON TAXABLE DIVIDEND | $9,075 | |
| UNREALIZED GAIN ON SECURITIES | ||
| CONTRIBUTED TO COMMUNITY FDN. | $3,046,931 | |
| LESS AMOUNT REPORTED ON 990T | -$8,312 | -$8,312 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PRIOR PERIOD ADJUSTMENTS | Desc |
| Amt | $338,469 | Amt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | SECURITIES SOLD NOT YET PURCHA | Desc |
| BOY Book Value | $140,348 | BOYBookValueAmt |
| EOY Book Value | $316,630 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| INVESTMENT ADVISORY FEES- | ||
| MERRION SECURITIES | $129,370 | $129,370 |
| INVESTMENT ADVISORY FEES - | ||
| CHARLES SCHWAB | $213,680 | $213,680 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| FOREIGN TAXES | $23,894 | $23,894 |
| FEDERAL EXCISE TAX | $40,000 | $0 |
| OTHER TAXES | $187 | $187 |