BETA

TODINO FAMILY FOUNDATION INC: Form 990PF, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
TODINO FAMILY FOUNDATION INC (EIN 22-3515394)
Tax period
2022-01-01 to 2022-12-31
Filed
2023-09-21
IRS object ID
202332649349100903
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)
Return2023-09-21T13:15:07-05:00ReturnTs
Tax Period End2022-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1WITHUM SMITH BROWN PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1506 CARNEGIE CENTER STE 400AddressLine1Txt
CityPRINCETONCityNm
State AbbreviationNJStateAbbreviationCd
ZIP085406243ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2022-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN223515394EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Todino Family FoundationBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% STEPHEN B TELLERInCareOfNm
Business Name ControlTODIBusinessNameControlTxt
Phone7328926987PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1C/O S Gagliano 221 Throwbridge DrAddressLine1Txt
CityScotch PlainsCityNm
State AbbreviationNJStateAbbreviationCd
ZIP07076ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJoseph TodinoPersonNm
Person TitleTRUSTEEPersonTitleTxt
Phone6095201188PhoneNum
Signature2023-05-31SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstJosephPersonFirstNm
Person LastTodinoPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonHAL R TERRPreparerPersonNm
PTINP00360976PTIN
Phone6095201188PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
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$1,302,513FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$0ContriRcvdRevAndExpnssAmt
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$12InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$12InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$16,996DividendsRevAndExpnssAmt
Dividends Net Invst Incm$16,996DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss-$20,807NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$125,273GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$0CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss-$3,799TotalRevAndExpnssAmt
Total Net Invst Incm$17,008TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$0CompOfcrDirTrstRevAndExpnssAmt
Accounting Fees Rev And Expnss$4,609AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$922AccountingFeesNetInvstIncmAmt
Accounting Fees Adj Net Incm$0AccountingFeesAdjNetIncmAmt
Accounting Fees Chrtbl Prps$3,687AccountingFeesChrtblPrpsAmt
Taxes Rev And Expnss$5,000TaxesRevAndExpnssAmt
Other Expenses Rev And Expnss$10,340OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$8,740OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl$1,600OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$19,949TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$9,662TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm$0TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$5,287TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$77,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$77,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$96,949TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$9,662TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm$0TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl$82,287TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$100,748ExcessRevenueOverExpensesAmt
Net Investment Income$7,346NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$151,231CashBOYAmt
Cash EOY$65,159CashEOYAmt
Cash EOYFMV$65,159CashEOYFMVAmt
Corporate Stock BOY$314,892CorporateStockBOYAmt
Corporate Stock EOY$314,892CorporateStockEOYAmt
Corporate Stock EOYFMV$400,129CorporateStockEOYFMVAmt
Other Investments BOY$830,501OtherInvestmentsBOYAmt
Other Investments EOY$815,825OtherInvestmentsEOYAmt
Other Investments EOYFMV$837,225OtherInvestmentsEOYFMVAmt
Total Assets BOY$1,296,624TotalAssetsBOYAmt
Total Assets EOY$1,195,876TotalAssetsEOYAmt
Total Assets EOYFMV$1,302,513TotalAssetsEOYFMVAmt
Accounts Payable BOY$1,200AccountsPayableBOYAmt
Accounts Payable EOY$1,200AccountsPayableEOYAmt
Total Liabilities BOY$1,200TotalLiabilitiesBOYAmt
Total Liabilities EOY$1,200TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Additional Paid In Capital BOY$1,295,424AdditionalPaidInCapitalBOYAmt
Additional Paid In Capital EOY$1,194,676AdditionalPaidInCapitalEOYAmt
Tot Net Ast Or Fund Balances BOY$1,295,424TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$1,194,676TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$1,296,624TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$1,195,876TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$1,295,424TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$100,748ExcessRevenueOverExpensesAmt
Subtotal$1,194,676SubtotalAmt
Tot Net Ast Or Fund Balances EOY$1,194,676TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
3,718.295 SHS BNY MELLON SM/MD CAP GW IP2021-07-022022-05-19$86,525$146,080-$59,555-$59,555
CAPITAL GAIN DIVIDENDSP$38,748
FieldValueIRS element (for citing)
Capital Gain Net Income-$20,807CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$102InvestmentIncomeExciseTaxAmt
Subtotal$102SubtotalAmt
Tax Based On Investment Income$102TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$1,887EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce$0ExemptFrgnOrgTaxWthldAtSrceAmt
Total Payments And Credits$1,887TotalPaymentsAndCreditsAmt
Overpayment$1,785OverpaymentAmt
Applied To ES Tax$1,785AppliedToESTaxAmt

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

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1STEPHEN B TELLERBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone7328926987PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1BOX 1691AddressLine1Txt
CityPOINT PLEASANT BEACHCityNm
State AbbreviationNJStateAbbreviationCd
ZIP08742ZIPCd
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
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Undistr Incm Sect4942a2 Not AppfalseUndistrIncmSect4942a2NotAppInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Relying Current Ntc Dsstr Asst1Yes (X)RelyingCurrentNtcDsstrAsst1Ind
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (6 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
JOSEPH R TODINO
C/O S Gagliano 221 Throwbridge DrScotch PlainsNJ07076TRUSTEE3.0$0$0$0
ROSEMARY TODINO
C/O S Gagliano 221 Throwbridge DrScotch PlainsNJ07076TRUSTEE1.0$0$0$0
SHEILA GAGLIANO
341 WEST DUDLEY AVENUEWESTFIELDNJ07090TRUSTEE1.0$0$0$0
KATHRYN CASEY
350 EAST 52ND STREETNEW YORKNY10022TRUSTEE1.0$0$0$0
ROSEMARY IRRE
C/O S Gagliano 221 Throwbridge DrScotch PlainsNJ07076TRUSTEE1.0$0$0$0
CHRISTINE TODINO
20 SEVENTH AVENUEBROOKLYNNY11217TRUSTEE1.0$0$0$0
FieldValueIRS element (for citing)
Summary Of Direct Chrtbl ActySummaryOfDirectChrtblActyGrp
Sum Of Program Related InvstSumOfProgramRelatedInvstGrp

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$1,239,761AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$136,018AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$1,375,779TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$1,375,779AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$20,637CashDeemedCharitableAmt
Net Vl Noncharitable Assets$1,355,142NetVlNoncharitableAssetsAmt
Minimum Investment Return$67,757MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$67,757MinimumInvestmentReturnAmt
Tax Based On Investment Income$102TaxBasedOnInvestmentIncomeAmt
Total Tax$102TotalTaxAmt
Distributable Before Adj$67,655DistributableBeforeAdjAmt
Distributable Before Ded$67,655DistributableBeforeDedAmt
Distributable As Adjusted$67,655DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$82,287ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Charitable Assets Acquis Paid$0CharitableAssetsAcquisPaidAmt
Set Aside Suitability Test$0SetAsideSuitabilityTestAmt
Set Aside Cash Distri Test$0SetAsideCashDistriTestAmt
Qualifying Distributions$82,287QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$67,655DistributableAsAdjustedAmt
Undistributed Income PY$72,062UndistributedIncomePYAmt
Prior Year12020PriorYear1Yr
Prior Year22019PriorYear2Yr
Prior Year32018PriorYear3Yr
Total For Prior Years$0TotalForPriorYearsAmt
Excess Distribution Cyov Yr1$0ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$0TotalExcessDistributionCyovAmt
Qualifying Distributions$82,287QualifyingDistributionsAmt
Applied To Year1$72,062AppliedToYear1Amt
Applied To Current Year$10,225AppliedToCurrentYearAmt
Remaining Distri From Corpus$0RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus$0ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$0ExcessDistributionCyovAppCYAmt
Total Corpus$0TotalCorpusAmt
Prior Year Undistributed Incm$0PriorYearUndistributedIncmAmt
Taxable1$0Taxable1Amt
Undistributed Income CY$57,430UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$0ExcessDistriCyovToNextYrAmt
Excess From Current Year$0ExcessFromCurrentYearAmt
FieldValueIRS element (for citing)
Private Operating FoundationsPrivateOperatingFoundationsGrp

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerJOSEPH R TODINO - SECURITIESContributingManagerNm
Shareholder ManagerNAShareholderManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1GrantsBusinessNameLine1Txt

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1221 Throwbridge DrAddressLine1Txt
CityScotch PlainsCityNm
State AbbreviationNJStateAbbreviationCd
ZIP07076ZIPCd
FieldValueIRS element (for citing)
Recipient RelationshipnoneRecipientRelationshipTxt
Recipient Foundation StatusPCRecipientFoundationStatusTxt
Grant Or Contribution PurposeGeneral charitable purposesGrantOrContributionPurposeTxt
Amt$77,000Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$77,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

FieldValueIRS element (for citing)
Fees Contracts From Govt AgFeesContractsFromGovtAgGrp
Membership Dues And AssmntMembershipDuesAndAssmntGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$12ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$16,996ExclusionAmt
FieldValueIRS element (for citing)
Net Rntl Incm Re Debt Fincd PropNetRntlIncmReDebtFincdPropGrp
Net Rntl Incm Re Not Debt Fincd PropNetRntlIncmReNotDebtFincdProp
Net Rental Income Personal PropNetRentalIncomePersonalPropGrp
Other Investment IncomeOtherInvestmentIncomeGrp

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion-$20,807ExclusionAmt
FieldValueIRS element (for citing)
Net Income Loss From Special EvtNetIncomeLossFromSpecialEvtGrp
Gross Profit Loss Sls Of InvntryGrossProfitLossSlsOfInvntryGrp

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion-$3,799ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty-$3,799TotalIncomeProducingActyAmt

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

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryACCOUNTING FEESCategoryTxt
Amt$4,609Amt
Net Investment Income$922NetInvestmentIncomeAmt
Disbursements Charitable Prps$3,687DisbursementsCharitablePrpsAmt

Depreciation Schedule DepreciationSchedule

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockCORPORATE STOCKStockNm
EOY Book Value$314,892EOYBookValueAmt
EOYFMV$400,129EOYFMVAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

FieldValueIRS element (for citing)
Category Or ItemMUTUAL FUNDSCategoryOrItemTxt
Book Value$815,825BookValueAmt
EOYFMV$837,225EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
MANAGEMENT ADVISORY FEES$8,340$8,340
PROFESSIONAL FEES$2,000$400$1,600

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryEXCISE TAXCategoryTxt
Amt$5,000Amt

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