JAFFE FOUNDATION: Form 990PF, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- JAFFE FOUNDATION (EIN 06-1469004)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-09-07
- IRS object ID
- 202322509349100207
- 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
- Schedule B
- Depreciation Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Professional Fees Schedule
- Substantial Contributors Sch
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-09-07T08:57:02-05:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Sayles & Evans | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | One West Church Street | AddressLine1Txt |
| City | Elmira | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 14901 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2022-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 061469004 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Jaffe Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % MARKET STREET SERVICES LLC | InCareOfNm |
| Business Name Control | JAFF | BusinessNameControlTxt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 80 E Market St Ste 300 | AddressLine1Txt |
| City | Corning | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 14830 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DOUGLAS JAFFE | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 6079626876 | PhoneNum |
| Signature | 2023-08-30 | SignatureDt |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | DOUGLAS | PersonFirstNm |
| Person Last | JAFFE | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Steven E Agan | PreparerPersonNm |
| PTIN | P00545842 | PTIN |
| Phone | 6077342271 | PhoneNum |
| Preparation | 2023-08-29 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| 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 | $11,571,925 | 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 | $2,855,927 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $300 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $300 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $175,082 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $175,082 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $859,040 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $9,752,437 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $859,040 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $3,890,349 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,034,422 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Legal Fees Rev And Expnss | $1,500 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $0 | LegalFeesDsbrsChrtblAmt |
| Other Prof Fees Rev And Expnss | $34,066 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $34,066 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $3,888 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $3,888 | TaxesNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $2,884 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $2,659 | OtherExpensesNetInvstIncmAmt |
| Tot Opr Expenses Rev And Expnss | $42,338 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $40,613 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $575,251 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $575,251 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $617,589 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $40,613 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $575,251 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $3,272,760 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $993,809 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $348,557 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $219,922 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $219,922 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $7,708,974 | CorporateStockBOYAmt |
| Corporate Stock EOY | $9,261,647 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $11,115,834 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $150,000 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $237,735 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $236,169 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $8,207,531 | TotalAssetsBOYAmt |
| Total Assets EOY | $9,719,304 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $11,571,925 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $8,207,531 | CapitalStockBOYAmt |
| Capital Stock EOY | $9,719,304 | CapitalStockEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $8,207,531 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $9,719,304 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $8,207,531 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $9,719,304 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $8,207,531 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $3,272,760 | ExcessRevenueOverExpensesAmt |
| Other Increases | $405,598 | OtherIncreasesAmt |
| Subtotal | $11,885,889 | SubtotalAmt |
| Other Decreases | $2,166,585 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $9,719,304 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (6 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| MEADOWS SECURITIES COMPANY | P | $2,859,077 | $3,180,000 | -$320,923 | -$320,923 |
| MEADOWS SECURITIES COMPANY | P | $6,012,090 | $5,506,081 | $506,009 | $506,009 |
| INTEL CORPORATION | D | $737,792 | $207,316 | $530,476 | $530,476 |
| CAPITAL GAIN DIVIDENDS | P | $143,478 | |||
| CAPITAL GAIN DIVIDENDS | P | $143,478 | |||
| CAPITAL GAIN DIVIDENDS | P | $143,478 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $859,040 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $13,814 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $13,814 | SubtotalAmt |
| Tax Based On Investment Income | $13,814 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $8,586 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $10,000 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $18,586 | TotalPaymentsAndCreditsAmt |
| Overpayment | $4,772 | OverpaymentAmt |
| Applied To ES Tax | $4,772 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | CT | OrgReportOrRegisterStateCd |
| Org Report Or Register State | DE | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | Yes (true) | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MARKET STREET SERVICES LLC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8009626876 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 80 E MARKET ST STE 300 | AddressLine1Txt |
| City | CORNING | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 14830 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 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 |
|---|---|---|---|---|---|---|---|---|
| DAVID M JAFFE | ||||||||
| 80 E Market St Ste 300 | Corning | NY | 14830 | TREASURER/SECRETARY | 1.0 | $0 | $0 | $0 |
| DOUGLAS JAFFE | ||||||||
| 80 E Market St Ste 300 | Corning | NY | 14830 | PRESIDENT | 1.0 | $0 | $0 | $0 |
| KRISTIN HEAVEY | ||||||||
| 80 E Market St Ste 300 | Corning | NY | 14830 | DIRECTOR | 1.0 | $0 | $0 | $0 |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
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 | $10,560,165 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $409,147 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $10,969,312 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $10,969,312 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $164,540 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $10,804,772 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $540,239 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $540,239 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $13,814 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $13,814 | TotalTaxAmt |
| Distributable Before Adj | $526,425 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $526,425 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $526,425 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $575,251 | 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 | $575,251 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $526,425 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Prior Year1 | 2020 | PriorYear1Yr |
| Prior Year2 | 2019 | PriorYear2Yr |
| Prior Year3 | 2018 | PriorYear3Yr |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $302,731 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr2 | $295,967 | ExcessDistributionCyovYr2Amt |
| Total Excess Distribution Cyov | $598,698 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $575,251 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Current Year | $526,425 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $48,826 | RemainingDistriFromCorpusAmt |
| Total Corpus | $647,524 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $302,731 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $344,793 | ExcessDistriCyovToNextYrAmt |
| Excess From Year2 | $295,967 | ExcessFromYear2Amt |
| Excess From Current Year | $48,826 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | DAVID M JAFFE DOUGLAS W JAFFE K | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (5 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| Columbia University | |||||||
| 662 West 113th Street | NEW YORK | NY | 10025 | NONE | PC | GENERAL SUPPORT | $250,000 |
| Guilford Foundation | |||||||
| PO Box 35 | Guilford | CT | 06437 | NONE | PC | GENERAL SUPPORT | $50,000 |
| Friends Center for Children | |||||||
| 227 E Grand Ave | Guilford | CT | 06437 | NONE | PC | GENERAL SUPPORT | $75,114 |
| Women and Family Life | |||||||
| 96 Fair Street | Guilford | CT | 06437 | NONE | GENERAL SUPPORT | $150,137 | |
| Women's Health Research at Yale | |||||||
| PO Box 2038 | NEW HAVEN | CT | 065212038 | NONE | GENERAL SUPPORT | $50,000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $575,251 | 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 |
| Exclusion | $300 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $175,082 | ExclusionAmt |
| 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 01 | ExclusionCd |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $859,040 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $1,034,422 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,034,422 | 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 |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (2 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd | Noncash ContributionNoncashContributionInd |
|---|---|---|---|---|---|---|---|
| DAVID M JAFFE | |||||||
| 1 | 80 EAST MARKET ST STE 300 | CORNING | NY | 14830 | $2,355,691 | Yes (X) | Yes (X) |
| DOUGLAS W JAFFE | |||||||
| 2 | 80 EAST MARKET ST STE 300 | CORNING | NY | 14830 | $500,236 | Yes (X) | Yes (X) |
Non Cash Property Contribution NonCashPropertyContributionGrp (6 entries)
| ContributorContributorNum | Noncash PropertyNoncashPropertyDesc | Fair Market ValueFairMarketValueAmt | ReceivedReceivedDt |
|---|---|---|---|
| 1 | 4100 SHS. VANGUARD EFT ALL WORLD IDX BASIS:$161,986 | $603,386 | 2022-01-04 |
| 1 | 9392 SHS INTEL CORPORATION BASIS: $171,058 | $459,457 | 2022-01-27 |
| 1 | 4304 SHS VANGUARD ETF ALL WORLD IDX BASIS: $170,045 | $250,041 | 2022-04-05 |
| 1 | 2038 SHS VANGUARD ETF ALL WORLD IDX BASIS: $80,519 | $99,699 | 2022-07-12 |
| 1 | APPLE INC., CORTEVA INC., COSTCO WHOLESALE GROUP, MICROSOFT, NIKE INC B TAIWAN SEMICONDUCTOR MANUFAC | $943,108 | 2022-11-14 |
| 2 | COOPER COMPANIES, COSTCO WHOLESALE, INTUITIVE SURGICAL, VERIZON COMMUNIC. SHS: 3693 BASIS: $34,460 | $500,236 | 2022-11-29 |
Depreciation Schedule DepreciationSchedule
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (28 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| VANGUARD TOTAL ST FUND | $0 | $0 |
| COSTCO WHOLESALE CORP. | $17,762 | $377,982 |
| INTUITIVE SURGICAL, INC. | $5,831 | $233,508 |
| PAYPAL | $0 | $0 |
| VANGUARD REAL ESTATE IDX FUND | $0 | $0 |
| VANGUARD TOTAL INT'L STOCK IDX | $0 | $0 |
| VANGUARD EXPLORER FUND | $591,309 | $507,688 |
| VANGUARD TOTAL BD MKT IDX ADM | $0 | $0 |
| VANGUARD HIGH-YIELD CORP FUND | $0 | $0 |
| VANGUARD EMERGING MKTS ADM FUN | $251,612 | $238,862 |
| VANGUARD LARGE CAP IDX ADM FUN | $0 | $0 |
| APPLE, INC. | $1,520 | $357,697 |
| INTEL CORPORATION | $0 | $0 |
| MICROSOFT | $45,149 | $232,146 |
| NIKE, INC. B | $3,643 | $227,467 |
| COOPER COMPANIES, INC | $139 | $11,243 |
| CORTEVA INC. | $17,292 | $119,559 |
| TAIWAN SEMICONDUCTOR MFG. | $11,929 | $152,779 |
| VERIZON COMMUNICATION | $13,394 | $46,492 |
| ARTISAN INT'L VALUE FUND | $482,717 | $474,163 |
| GRANDEUR PEAK INT'L OPPORTUN. | $400,000 | $325,441 |
| PIMCO INCOME FUNDS | $280,000 | $265,872 |
| ROBECO BOSTON ALL-CAP VALUE | $1,712,370 | $1,588,706 |
| VANGUARD FTSE ALL WORLD ADM FD | $676,470 | $737,018 |
| VANGUARD ETF ALL WORLD INDEX | $42,037 | $53,349 |
| VANGUARD EXPLORER VALUE FUND | $620,023 | $539,372 |
| VANGUARD 500 INDEX FUND | $2,545,450 | $2,607,827 |
| VANGUARD TOTAL STOCK MKT IND | $1,543,000 | $2,018,663 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (3 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| OKO LABS, INC | AT COST | $75,000 | $75,000 |
| EDLIGHT PBC | AT COST | $152,500 | $152,500 |
| MS PRIVATE MARKETS FUND IV | AT COST | $10,235 | $8,669 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL SERVICES | CategoryTxt |
| Legal Fees | $1,500 | LegalFeesAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | APPRECIATION ON CONTRIBUTED STOCK | Desc |
| Amt | $2,166,585 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| FILING FEE | $25 | |
| REGISTERED AGENT FEES | $200 | |
| MS PRIVATE MARKETS FUND IV | $2,659 | $2,659 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc |
|---|
| NONDIVIDEND DISTRIBUTIONS |
| FEDERAL TAX REFUND |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | APPRECIATION ON GRANTED STOCK | Desc |
| Amt | $405,598 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| MARKET STREET TRUST COMPANY | $33,280 | $33,280 |
| LAZARD INVESTMENT ADVISORS | $786 | $786 |
Substantial Contributors Sch SubstantialContributorsSch
Substantial Contributor Detail SubstantialContributorDetail (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd |
|---|---|---|---|
| DAVID M JAFFE | |||
| 80 EAST MARKET ST STE 300 | CORNING | NY | 14830 |
| DOUGLAS W JAFFE | |||
| 80 EAST MARKET ST STE 300 | CORNING | NY | 14830 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FORIEGN TAXES - 1099 | CategoryTxt |
| Amt | $3,888 | Amt |
| Net Investment Income | $3,888 | NetInvestmentIncomeAmt |
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