ROBERTS CHARITABLE FOUNDATION TR 2003: Form 990PF, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- ROBERTS CHARITABLE FOUNDATION TR 2003 (EIN 22-6948512)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-11-06
- IRS object ID
- 202313109349100411
- 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
- General Explanation Attachment
- Investments Other Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-11-06T10:01:38-06:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 472076095 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Pucci Greene & Fusaro LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 110 Airport Road | AddressLine1Txt |
| City | Westerly | CityNm |
| State Abbreviation | RI | StateAbbreviationCd |
| ZIP | 02891 | 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 | 226948512 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | AM Roberts Charitable Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ROBE | BusinessNameControlTxt |
| Phone | 4015961926 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 110 Airport Road 104 | AddressLine1Txt |
| City | Westerly | CityNm |
| State Abbreviation | RI | StateAbbreviationCd |
| ZIP | 02891 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Grant G Simmons III | PersonNm |
| Person Title | Trustee | PersonTitleTxt |
| Phone | 4015961926 | PhoneNum |
| Signature | 2023-11-06 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | Grant | PersonFirstNm |
| Person Last | Simmons III | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Stephen M Greene CPA | PreparerPersonNm |
| PTIN | P00191823 | PTIN |
| Phone | 4015961926 | PhoneNum |
| Preparation | 2023-11-03 | PreparationDt |
| Self Employed | Yes (X) | SelfEmployedInd |
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 | $20,363,165 | 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 |
| Interest On Sav Rev And Expnss | $3,699 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $3,699 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $654,770 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $654,770 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $305,644 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $6,192,201 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $305,644 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $804 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $804 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $0 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $964,917 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $964,917 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $0 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $0 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $197 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $49 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $148 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $3,000 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $750 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $2,250 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $7,710 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $1,927 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $0 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $5,783 | OtherProfFeesDsbrsChrtblAmt |
| Interest Rev And Expnss | $1,531 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $1,531 | InterestNetInvstIncmAmt |
| Interest Adj Net Incm | $0 | InterestAdjNetIncmAmt |
| Interest Dsbrs Chrtbl | $0 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $13,347 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $12,847 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $0 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $500 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $192,089 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $98,120 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $0 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $93,969 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $217,874 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $115,224 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $102,650 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,155,800 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,155,800 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,373,674 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $115,224 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,258,450 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$408,757 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $849,693 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $264,772 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $104,529 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $104,529 | SavAndTempCashInvstEOYFMVAmt |
| Other Investments BOY | $25,191,137 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $19,723,267 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $19,723,267 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $835,369 | OtherAssetsBOYAmt |
| Other Assets EOY | $535,369 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $535,369 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $26,291,278 | TotalAssetsBOYAmt |
| Total Assets EOY | $20,363,165 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $20,363,165 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $26,291,278 | CapitalStockBOYAmt |
| Capital Stock EOY | $20,363,165 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $0 | RetainedEarningBOYAmt |
| Retained Earning EOY | $0 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $26,291,278 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $20,363,165 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $26,291,278 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $20,363,165 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $26,291,278 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$408,757 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $25,882,521 | SubtotalAmt |
| Other Decreases | $5,519,356 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $20,363,165 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (35 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | SoldSoldDt | AcquiredAcquiredDt |
|---|---|---|---|---|---|---|
| MS - 876 050223 207 | $230,000 | $254,160 | -$24,160 | -$24,160 | ||
| MS - 876 048392 207 | $177,601 | $176,005 | $1,596 | $1,596 | ||
| MS - 876 048392 207 | $204,849 | $215,877 | -$11,028 | -$11,028 | ||
| MS - 876 044106 207 | $200,000 | $225,310 | -$25,310 | -$25,310 | ||
| MS - 876 053241 207 | $102,127 | $102,127 | $0 | $0 | ||
| Blackstone Secured Lending | $1 | $1 | $1 | 2022-07-13 | ||
| MS - 876 054222 207 | $368,718 | $401,957 | -$33,239 | -$33,239 | ||
| MS - 876 054222 207 | $592,067 | $419,984 | $172,083 | $172,083 | ||
| MS - 876 048553 207 | $61,491 | $73,267 | -$11,776 | -$11,776 | ||
| MS - 876 048553 207 | $240,066 | $223,430 | $16,636 | $16,636 | ||
| MS - 876 034952 207 | $284,384 | $336,987 | -$52,603 | -$52,603 | ||
| MS - 876 034952 207 | $147,978 | $139,165 | $8,813 | $8,813 | ||
| MS - 876 034953 207 | $329,330 | $439,336 | -$110,006 | -$110,006 | ||
| MS - 876 034953 207 | $98,898 | $95,932 | $2,966 | $2,966 | ||
| Nestle Spon ADR | $6,721 | $2,504 | $4,217 | $4,217 | 2022-09-14 | 2009-09-28 |
| Unilever PLC | $6,719 | $4,080 | $2,639 | $2,639 | 2022-03-30 | 2009-09-28 |
| MS - 876 034962 207 | $12,596 | $20,531 | -$7,935 | -$7,935 | ||
| MS - 876 034962 207 | $85,149 | $61,487 | $23,662 | $23,662 | ||
| MS - 876 038737 207 | $100,000 | $87,231 | $12,769 | $12,769 | ||
| MS - 876 034961 207 | $142,676 | $216,613 | -$73,937 | -$73,937 | ||
| MS - 876 034961 207 | $384,861 | $307,985 | $76,876 | $76,876 | ||
| MS - 876 034965 207 | $227,405 | $231,122 | -$3,717 | -$3,717 | ||
| FHLMC 30G SD8122 2500 | $25,668 | $26,729 | -$1,061 | -$1,061 | 2022-01-05 | 2021-02-03 |
| FHLMC 30G SD8128 2000 | $14,014 | $14,704 | -$690 | -$690 | 2022-01-05 | 2021-02-03 |
| MS - 876 034965 207 | $188,202 | $186,159 | $2,043 | $2,043 | ||
| FNMA Pool BO4708 3000 | $8,365 | $8,256 | $109 | $109 | 2022-01-05 | 2019-11-25 |
| FNMA Pool BP5878 2500 | $17,909 | $18,451 | -$542 | -$542 | 2022-01-05 | 2020-06-10 |
| FNMA Pool MA3744 3000 | $5,054 | $4,956 | $98 | $98 | 2022-01-05 | 2019-07-22 |
| FNMA Pool MA4154 1500 | $19,995 | $20,543 | -$548 | -$548 | 2022-01-05 | 2020-09-14 |
| MS - 876 038736 207 | $1,415,000 | $1,189,508 | $225,492 | $225,492 | ||
| MS - 876 034966 207 | $150,000 | $151,131 | -$1,131 | -$1,131 | ||
| MS - 876 034960 207 | $13,098 | $12,648 | $450 | $450 | ||
| MS - 876 034960 207 | $322,009 | $205,623 | $116,386 | $116,386 | ||
| HedgePremier RIEF Fund LP | $12,759 | -$12,759 | -$12,759 | |||
| HedgePremier RIEF Fund LP | $9,250 | $9,250 | $9,250 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $305,644 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | -$305,677 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $11,811 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $11,811 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $11,811 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $20,000 | 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 | $20,000 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $106 | EsPenaltyAmt |
| Overpayment | $8,083 | OverpaymentAmt |
| Applied To ES Tax | $8,083 | 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 |
| Org Report Or Register State | NY | OrgReportOrRegisterStateCd |
| 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 |
| Individual With Books | Stephen M Greene Administrator | IndividualWithBooksNm |
| Phone | 4015961926 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 110 Airport Road Suite 104 | AddressLine1Txt |
| City | Westerly | CityNm |
| State Abbreviation | RI | StateAbbreviationCd |
| ZIP | 02891 | 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 | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| 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 (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 |
|---|---|---|---|---|---|---|---|---|
| Grant G Simmons III | ||||||||
| c/o 110 Airport Road | Westerly | RI | 02891 | Trustee | 3.00 | $0 | $0 | $0 |
| Robert C Murray | ||||||||
| c/o 110 Airport Road | Westerly | RI | 02891 | Trustee | 3.00 | $0 | $0 | $0 |
| Carl A Contiguglia | ||||||||
| c/o 110 Airport Road | Westerly | RI | 02891 | Trustee | 3.00 | $0 | $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 | $22,457,202 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $184,651 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $22,641,853 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $22,641,853 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $339,628 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $22,302,225 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,115,111 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,115,111 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $11,811 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $11,811 | TotalTaxAmt |
| Distributable Before Adj | $1,103,300 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $1,103,300 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $1,103,300 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,258,450 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $1,258,450 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,103,300 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $134,997 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,258,450 | QualifyingDistributionsAmt |
| Applied To Year1 | $134,997 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $1,103,300 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $20,153 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $20,153 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $20,153 | ExcessDistriCyovToNextYrAmt |
| Excess From Current Year | $20,153 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (10 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| Chorus of Westerly | ||||||
| 119 High Street | Westerly | RI | 02891 | Public Charity | Programs | $35,000 |
| Lanphear Livery Theatrical Group | ||||||
| 34 Shore Road | Westerly | RI | 02891 | Public Charity | Children's Theatre | $6,000 |
| Ocean Community YMCA | ||||||
| 95 High Street | Westerly | RI | 02891 | Public Charity | Scholarships | $8,000 |
| One Bay Street Center Inc | ||||||
| One Bay Street | Westerly | RI | 02891 | Public Charity | Capital Project | $300,000 |
| Stand Up For Animals | ||||||
| 33 Larry Hirsch Lane | Westerly | RI | 02891 | Public Charity | Shelter Operations | $2,500 |
| The Colonial Theatre | ||||||
| PO Box 762 | Westerly | RI | 02891 | Public Charity | Internships | $10,000 |
| The United Theatre | ||||||
| PO Box 384 | Westerly | RI | 02891 | Public Charity | Capital Project | $300,000 |
| The Watch Hill Conservancy | ||||||
| One Bay Street | Westerly | RI | 02891 | Public Charity | Education/Research | $229,300 |
| Town of Westerly Police Department | ||||||
| 60 Airport Road | Westerly | RI | 02891 | Town Government | Police Dog | $15,000 |
| Westerly Hospital Foundation | ||||||
| 25 Wells Street | Westerly | RI | 02891 | Public Charity | Capital Project | $250,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,155,800 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $3,699 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $654,770 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $804 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $305,644 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $964,917 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $964,917 | 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 | Tax Preparation Fees | CategoryTxt |
| Amt | $3,000 | Amt |
| Net Investment Income | $750 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $2,250 | DisbursementsCharitablePrpsAmt |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Form 990-PF, Pages 1 and 11 - Grant; Page 2 Note Receivable | FormAndLineReferenceDesc |
| Medium Explanation | The grant to One Bay Street Center, Inc. of $300,000 in 2022 is made as a reduction of the Note Receivable from One Bay Street Center, Inc. This is additional disclosure of the transaction as referenced in the three tax return locations. | MediumExplanationTxt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | Marketable Securities Listing | CategoryOrItemTxt |
| Listed At Cost Or FMV | FMV | ListedAtCostOrFMVCd |
| Book Value | $19,723,267 | BookValueAmt |
| EOYFMV | $19,723,267 | EOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Legal Fees | CategoryTxt |
| Legal Fees | $197 | LegalFeesAmt |
| Net Investment Income | $49 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $148 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Note Receivable - One Bay Street Center, Inc. | Desc |
| BOY Book Value | $835,369 | BOYBookValueAmt |
| EOY Book Value | $535,369 | EOYBookValueAmt |
| EOYFMV | $535,369 | EOYFMVAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Unrealized Loss on Portfolio | Desc |
| Amt | $5,519,356 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| Advisory and Investment Fees | $183,068 | $91,534 | $0 | $91,534 |
| Insurance | $3,653 | $1,218 | $0 | $2,435 |
| HedgePremier/RIEF Fund LP | $5,368 | $5,368 | $0 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| HedgePremier/RIEF Fund LP | $451 | $451 | $0 |
| MS - 876 034961 207 | $282 | $282 | $0 |
| MS - 876 034956 207 | $71 | $71 | $0 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Administrator Fees | CategoryTxt |
| Amt | $7,710 | Amt |
| Net Investment Income | $1,927 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $5,783 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (6 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| Foreign Taxes 034952 | $986 | $986 | $0 | $0 |
| Foreign Taxes 034953 | $5,695 | $5,695 | $0 | $0 |
| Dept. of Law - New York Atty. Gen. | $750 | $250 | $0 | $500 |
| Foreign Taxes HedgePremier/RIEF Fund LP | $444 | $444 | $0 | $0 |
| Foreign Taxes 048392 | $360 | $360 | $0 | $0 |
| Foreign Taxes 050222 | $5,112 | $5,112 | $0 | $0 |
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