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DENISE A AND EUGENE W CHINERY FOUNDATION INC: Form 990PF, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
DENISE A AND EUGENE W CHINERY FOUNDATION INC (EIN 22-3705537)
Tax period
2022-01-01 to 2022-12-31
Filed
2023-11-09
IRS object ID
202313139349101516
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)
Return2023-11-09T12:03:24-06:00ReturnTs
Tax Period End2022-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1BDO USABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line190 Woodbridge Ctr Dr Ste 400AddressLine1Txt
CityWoodbridgeCityNm
State AbbreviationNJStateAbbreviationCd
ZIP07095ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2022-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN223705537EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1DENISE A& EUGENE CHINERY FOUNDATIONBusinessNameLine1Txt
Business Name Line2c/o Jayne Kurzman EsqBusinessNameLine2Txt
FieldValueIRS element (for citing)
In Care Of% JAYNE KURZMANInCareOfNm
Business Name ControlDENIBusinessNameControlTxt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1Davidson DC 60 East 42nd streetAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10165ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJAYNE KURZMANPersonNm
Person TitleOFFICERPersonTitleTxt
Phone2125577937PhoneNum
Signature2023-11-02SignatureDt

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstJAYNEPersonFirstNm
Person LastKURZMANPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN

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)
Address ChangeYes (X)AddressChangeInd
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$348,597FMVAssetsEOYAmt
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
Dividends Rev And Expnss$8,643DividendsRevAndExpnssAmt
Dividends Net Invst Incm$8,643DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$12,411NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$118,180GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$12,411CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$21,054TotalRevAndExpnssAmt
Total Net Invst Incm$21,054TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$0CompOfcrDirTrstRevAndExpnssAmt
Legal Fees Rev And Expnss$738LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm$0LegalFeesNetInvstIncmAmt
Legal Fees Adj Net Incm$0LegalFeesAdjNetIncmAmt
Legal Fees Dsbrs Chrtbl$0LegalFeesDsbrsChrtblAmt
Taxes Rev And Expnss$530TaxesRevAndExpnssAmt
Taxes Net Invst Incm$30TaxesNetInvstIncmAmt
Other Expenses Rev And Expnss$3,467OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$3,467OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$4,735TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$3,497TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm$0TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$15,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$15,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$19,735TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$3,497TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm$0TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl$15,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$1,319ExcessRevenueOverExpensesAmt
Net Investment Income$17,557NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$1,284SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$836SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$836SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$300,703CorporateStockBOYAmt
Corporate Stock EOY$302,222CorporateStockEOYAmt
Corporate Stock EOYFMV$347,761CorporateStockEOYFMVAmt
Total Assets BOY$301,987TotalAssetsBOYAmt
Total Assets EOY$303,058TotalAssetsEOYAmt
Total Assets EOYFMV$348,597TotalAssetsEOYFMVAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$301,630RetainedEarningBOYAmt
Retained Earning EOY$302,949RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$301,630TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$302,949TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$301,630TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$302,949TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$301,630TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$1,319ExcessRevenueOverExpensesAmt
Subtotal$302,949SubtotalAmt
Tot Net Ast Or Fund Balances EOY$302,949TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (4 entries)

PropertyPropertyDescGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmtHow AcquiredHowAcquiredCd
UBS V6 34588 ST$60,606$62,311-$1,705-$1,705
UBS V6 34588 LT$57,562$43,670$14,104$13,892
CAPITAL GAIN DIVIDENDS$12P
CAPITAL GAIN DIVIDENDS$12P
FieldValueIRS element (for citing)
Capital Gain Net Income$12,411CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss-$1,705NetShortTermCapitalGainLossAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$244InvestmentIncomeExciseTaxAmt
Subtotal$244SubtotalAmt
Tax Based On Investment Income$244TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$160EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce$0ExemptFrgnOrgTaxWthldAtSrceAmt
Extsn Request Income Tax Paid$400ExtsnRequestIncomeTaxPaidAmt
Total Payments And Credits$560TotalPaymentsAndCreditsAmt
Overpayment$316OverpaymentAmt
Applied To ES Tax$316AppliedToESTaxAmt

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 SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateNJOrgReportOrRegisterStateCd
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
Website AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1JAYNE KURZMANBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2125577937PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1DAVIDSON DAWSON CLARK 60 E 42NDAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10165ZIPCd
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 PYYes (true)UndistributedIncomePYInd
Undistributed Income PY42018UndistributedIncomePY4Yr
Undistr Incm Sect4942a2 Not AppYes (true)UndistrIncmSect4942a2NotAppInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Proceeds Or Net IncomefalseProceedsOrNetIncomeInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
KENNETH WESSEL
241 SEA OAK DRIVEVERO BEACHFL32963Trustee0$0$0$0
JAYNE M KURZMAN
2 EAST END AVENUENEW YORKNY10075PRESIDENT1.0$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$379,401AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$1,049AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$380,450TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$380,450AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$5,707CashDeemedCharitableAmt
Net Vl Noncharitable Assets$374,743NetVlNoncharitableAssetsAmt
Minimum Investment Return$18,737MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$18,737MinimumInvestmentReturnAmt
Tax Based On Investment Income$400TaxBasedOnInvestmentIncomeAmt
Total Tax$400TotalTaxAmt
Distributable Before Adj$18,337DistributableBeforeAdjAmt
Distributable Before Ded$18,337DistributableBeforeDedAmt
Distributable As Adjusted$18,337DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$15,000ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Charitable Assets Acquis Paid$0CharitableAssetsAcquisPaidAmt
Set Aside Suitability Test$0SetAsideSuitabilityTestAmt
Set Aside Cash Distri Test$0SetAsideCashDistriTestAmt
Qualifying Distributions$15,000QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$18,337DistributableAsAdjustedAmt
Undistributed Income PY$14,789UndistributedIncomePYAmt
Prior Year12020PriorYear1Yr
Prior Year22019PriorYear2Yr
Prior Year32018PriorYear3Yr
Total For Prior Years$17,487TotalForPriorYearsAmt
Excess Distribution Cyov Yr1$0ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$0TotalExcessDistributionCyovAmt
Qualifying Distributions$15,000QualifyingDistributionsAmt
Applied To Year1$14,789AppliedToYear1Amt
Applied To Current Year$211AppliedToCurrentYearAmt
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$17,487PriorYearUndistributedIncmAmt
Taxable1$17,487Taxable1Amt
Undistributed Income CY$18,126UndistributedIncomeCYAmt
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 ManagerNAContributingManagerNm
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 Line1Spectrum for LivingBusinessNameLine1Txt

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1210 Rivervale RdAddressLine1Txt
CityRiver ValeCityNm
State AbbreviationNJStateAbbreviationCd
ZIP07675ZIPCd
FieldValueIRS element (for citing)
Recipient RelationshipNONERecipientRelationshipTxt
Grant Or Contribution PurposeCHARITABLE CONTRIBUTIONGrantOrContributionPurposeTxt
Amt$15,000Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$15,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

FieldValueIRS element (for citing)
Fees Contracts From Govt AgFeesContractsFromGovtAgGrp
Membership Dues And AssmntMembershipDuesAndAssmntGrp
Int On Sav And Temp Cash InvstIntOnSavAndTempCashInvstGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$8,643ExclusionAmt
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$12,411ExclusionAmt
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$21,054ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$21,054TotalIncomeProducingActyAmt

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

Depreciation Schedule DepreciationSchedule

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (27 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
98 INVESCO QQQ TRUST EFT$14,350$26,095
35 ISHARES U.S. CONSUMER STAPL$6,857$7,097
107 ISHARES U.S. BASIC MATERIA$16,122$13,350
324 ISHARES NORTH AMERICA NAT$11,515$13,174
90 ISHARES US OIL & GAS$6,619$8,358
33 ISHARES US HEALTHCARE PROVI$9,635$8,834
175 ISHARES US BROKER-DEALERS$17,215$16,823
137 ISHARES US INSURANCE$12,371$12,522
274 SPDR S&P 500 ETF$61,194$104,786
83 VANGUARD FTSE EMERGING MARK$3,603$3,235
117 WISDOMTREE TR EM EX ST-OWN$3,419$3,122
74 ISHARES U.S INDUSTRIAL ETF$0$0
172 ISHRES U.S CONSUMER SERVIC$0$0
195 ISHRES US HOME CONSTR ETF$0$0
66 ISHRES CORE S&P SMALL-CAP$0$0
454 ISHARES SILVER TRUST ETF$0$0
24 ISHARES SEMICONDUCTOR ETF$0$0
232 ISHARES US REGL BANKS ETF$0$0
552 WCM FOCUSED INTL GROWTH$11,154$10,855
1532 ALPHA CENTRIC INCOME$15,620$13,892
1022 ANGEL OAK MULTI-STRATEGY$10,198$8,728
2183 BRAMSHILL MULTI STRATEGY$9,264$13,401
465 GUGGENHEIM MARCO OPPORTUNT$12,085$11,006
2085 GUGGENHEIM MARCO OPPORTUN$56,148$48,383
1500 JP MORGAN CORE PLUS FUND$12,586$10,683
2162 BRADDUCK MULTI-STRATEGY$0$0
632 ISHARES S&P GSCI COMMDITY$12,267$13,417

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp

FieldValueIRS element (for citing)
DescUBS 34588 V6 FEESDesc
Revenue And Expenses Per Books$3,467RevenueAndExpensesPerBooksAmt
Net Investment Income$3,467NetInvestmentIncomeAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmt
FEDERAL TAXES$500
FOREIGN TAXES$30$30

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