JAMES J PALLOTTA CHARITABLE TRUST: Form 990PF, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- JAMES J PALLOTTA CHARITABLE TRUST (EIN 22-3208194)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-11-15
- IRS object ID
- 202323199349102737
- 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
- Accounting Fees Schedule
- Depreciation Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-11-15T12:13:26-06:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ERNST & YOUNG US LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 121 RIVER STREET | AddressLine1Txt |
| City | HOBOKEN | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07030 | 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 | 223208194 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | James J Pallotta Charitable Trust | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % LARRY LESTER | InCareOfNm |
| Business Name Control | JAME | BusinessNameControlTxt |
| Phone | 7816478160 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O Larry Lester 180 Ash Street | AddressLine1Txt |
| City | Weston | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 024931928 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JAMES PALLOTTA | PersonNm |
| Person Title | TRUSTEE | PersonTitleTxt |
| Phone | 7816478160 | PhoneNum |
| Signature | 2023-11-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | JAMES | PersonFirstNm |
| Person Last | PALLOTTA | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Jessica Perna | PreparerPersonNm |
| PTIN | P00844664 | PTIN |
| Phone | 2127731262 | PhoneNum |
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 | $8,327,404 | 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 | $1,339,461 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $2,396 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $2,396 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $82,009 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $82,009 | DividendsNetInvstIncmAmt |
| Net Rental Income Or Loss | $0 | NetRentalIncomeOrLossAmt |
| Net Gain Sale Ast Rev And Expnss | $1,272,923 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $5,349,582 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $1,272,923 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | -$35,054 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | -$35,054 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $2,661,735 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,322,274 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Accounting Fees Rev And Expnss | $5,300 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $5,300 | AccountingFeesChrtblPrpsAmt |
| Interest Rev And Expnss | $2,247 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $2,247 | InterestNetInvstIncmAmt |
| Taxes Rev And Expnss | $20,000 | TaxesRevAndExpnssAmt |
| Other Expenses Rev And Expnss | $45,462 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Dsbrs Chrtbl | $250 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $73,009 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $2,247 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $5,550 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $2,027,500 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,993,712 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $2,100,509 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $2,247 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,999,262 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $561,226 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,320,027 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $5,626,705 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $523,082 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $523,082 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $3,462,275 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $5,289,275 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $5,289,275 | USGovtObligationsEOYFMVAmt |
| Other Investments EOY | $2,515,047 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $2,515,047 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $9,088,980 | TotalAssetsBOYAmt |
| Total Assets EOY | $8,327,404 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $8,327,404 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $9,088,980 | RetainedEarningBOYAmt |
| Retained Earning EOY | $8,327,404 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $9,088,980 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $8,327,404 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $9,088,980 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $8,327,404 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $9,088,980 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $561,226 | ExcessRevenueOverExpensesAmt |
| Subtotal | $9,650,206 | SubtotalAmt |
| Other Decreases | $1,322,802 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $8,327,404 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| 71,457 SHS COUPANG,INC | D | 2022-03-30 | 2022-03-31 | $1,289,582 | $16,659 | $1,272,923 | $1,272,923 |
| 597,725 SHS BLKRK LIQUIDITY FUND FED T | P | 2022-09-22 | 2022-12-06 | $597,725 | $597,725 | ||
| 3,462,275 SHS BLKRK LIQUIDITY FUND FED T | P | $3,462,275 | $3,462,275 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $1,272,923 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $18,348 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $18,348 | SubtotalAmt |
| Tax Based On Investment Income | $18,348 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $21,005 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Total Payments And Credits | $21,005 | TotalPaymentsAndCreditsAmt |
| Overpayment | $2,657 | OverpaymentAmt |
| Applied To ES Tax | $2,657 | 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 | MA | 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 |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LARRY LESTER | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7816478160 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 180 ASH STREET | AddressLine1Txt |
| City | WESTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 024931928 | 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 | Yes (true) | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| 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 (2 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 |
|---|---|---|---|---|---|---|---|---|
| JAMES J PALLOTTA | ||||||||
| 2068 NORTH BAY ROAD | MIAMI BEACH | FL | 33140 | TRUSTEE | 1.0 | $0 | $0 | $0 |
| KIMBERLY S PALLOTTA | ||||||||
| 2068 NORTH BAY ROAD | MIAMI BEACH | FL | 33140 | TRUSTEE | 1.0 | $0 | $0 | $0 |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | THE FOUNDATION IS NOT INVOLVED IN ANY DIRECT CHARITABLE ACTIVITIES. IT'S PRIMARY PURPOSE IS TO SUPPORT, BY CONTRIBUTIONS,OTHER ORGANIZATIONS EXEMPT UNDER IRC 501(C)(3) | Description1Txt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $4,692,380 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $4,161,492 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $2,515,047 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $11,368,919 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $11,368,919 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $170,534 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $11,198,385 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $559,919 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $559,919 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $18,348 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $18,348 | TotalTaxAmt |
| Distributable Before Adj | $541,571 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $541,571 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $541,571 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,999,262 | 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 | $1,999,262 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $541,571 | 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 Yr3 | $0 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $2,015,889 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $4,186,703 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $6,202,592 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,999,262 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Current Year | $541,571 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $1,457,691 | RemainingDistriFromCorpusAmt |
| Total Corpus | $7,660,283 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $7,660,283 | ExcessDistriCyovToNextYrAmt |
| Excess From Year3 | $0 | ExcessFromYear3Amt |
| Excess From Year2 | $2,015,889 | ExcessFromYear2Amt |
| Excess From Year1 | $4,186,703 | ExcessFromYear1Amt |
| Excess From Current Year | $1,457,691 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | JAMES J PALLOTTA | ContributingManagerNm |
| Shareholder Manager | NONE | ShareholderManagerNm |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | JAMES J PALLOTTA | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2068 NORTH BAY ROAD | AddressLine1Txt |
| City | MIAMI BEACH | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33140 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 7816478160 | RecipientPhoneNum |
| Form And Info And Materials | WRITTEN REQUESTS MUST INCLUDE THE CHARITABLE FUNCTION OF THE APPLICANT. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | NONE. | SubmissionDeadlinesTxt |
| Restrictions On Awards | NONE. | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (22 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|
| 3POINT FOUNDATION | ||||||||
| 1270 SOLDIERS FIELD ROAD | BOSTON | MA | 02135 | NONE | PC | GENERAL PURPOSE. | $25,000 | |
| THE MICHAEL J FOX FOUNDATION | ||||||||
| GRAND CENTRAL STATION | NEW YORK | NY | 10163 | NONE | PC | GENERAL PURPOSE. | $400,000 | POST OFFICE BOX 4777 |
| MOTHER CAROLINE ACADEMY | ||||||||
| 515 Blue Hill Avenue | Boston | MA | 02121 | NONE | PC | General Purpose. | $25,000 | |
| BOSTON CHILDREN'S HOSPITAL TRUST | ||||||||
| 401 Park Drive Suite 602 | Boston | MA | 02115 | NONE | PC | General Purpose | $250,000 | |
| NANTUCKET BOYS & GIRLS CLUB | ||||||||
| 61 Sparks Ave | Nantucket | MA | 02554 | None | PC | General Purpose | $125,000 | |
| THE BUONICONTI FUND TO CURE PARALYSIS | ||||||||
| 1095 NW 14 Ave | Miami | FL | 33136 | NONE | PC | General Purpose | $25,000 | |
| The Everglades Foundation | ||||||||
| 18001 OLD CUTLER ROAD | PALMETTO BAY | FL | 33157 | NONE | PC | GENERAL PURPOSE. | $297,100 | SUITE 625 |
| Blythedale Children's Hospital | ||||||||
| 95 BRADHURTST AVE | VALHALLA | NY | 10595 | NONE | GENERAL PURPOSE | $15,400 | ||
| The Ludacris Foundation | ||||||||
| 3645 MARKETPLACE BLVD | ATLANTA | GA | 30344 | NONE | PC | GENERAL PURPOSE | $75,000 | STE 130 31 |
| Capre Eleuthera Foundation (For BREEF) | ||||||||
| 1900 MARKET STREET | PHILADELPHIA | PA | 19103 | NONE | PC | GENERAL PURPOSE. | $15,000 | 8TH FLOOR |
| Just Be You | ||||||||
| PO BOX 516 | SULLIVANS ISLAND | SC | 29482 | NONE | PC | GENERAL PURPOSE. | $50,000 | |
| Overtown Youth Center | ||||||||
| 450 NW 14TH ST | MIAMI | FL | 33136 | NONE | PC | GENERAL PURPOSE. | $250,000 | |
| Nashoba Learning Group | ||||||||
| 10 OAK PARK DRIVE | BEDFORD | MA | 01730 | NONE | PC | GENERAL PURPOSE. | $23,822 | |
| Collier Services Foundation | ||||||||
| 160 CONOVER ROAD | WICKATUNK | NJ | 07765 | NONE | PC | GENEREAL PURPOSE. | $9,890 | |
| Next Step Fund Inc | ||||||||
| 99 BISHOP ALLEN DRIVE | CAMBRIDGE | MA | 02139 | NONE | GENERAL PURPOSE | $47,500 | ||
| Beneath the Waves Inc | ||||||||
| PO BOX 126 | HERNDON | VA | 20172 | NONE | PC | GENERAL PURPOSE. | $25,000 | |
| Community First Project | ||||||||
| 4831 COLUMBUS STREET | VIRGINIA BEACH | VA | 23466 | NONE | GENERAL PURPOSE | $100,000 | PO BOX 61811 | |
| The Harvey Foundation | ||||||||
| 5 MEADOW VIEW DRIVE | NANTUCKET | ME | 02664 | NONE | PC | GENERAL PURPOSE. | $50,000 | |
| MUSC Children's Hospital Fund | ||||||||
| 18 BEE STREET MSC 450 | CHARLESTON | SC | 29425 | NONE | GENERAL PURPOSE. | $100,000 | ||
| Charleston Park Conservancy | ||||||||
| PO BOX 31187 | CHARLESTON | SC | 29417 | NONE | PC | GENERAL PURPOSE. | $25,000 | |
| Nantucket Conservation Foundation Inc | ||||||||
| PO BOX 13 | NANTUCKET | MA | 02554 | NONE | PC | GENERAL PURPOSE. | $10,000 | |
| Make-A-Wish Southern Florida | ||||||||
| 4491 SOUTH STATE ROAD | DAVIE | FL | 33314 | NONE | PC | GENERAL PURPOSE. | $50,000 | 7 SUITE 201 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,993,712 | 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 | $2,396 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $82,009 | 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 |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $1,272,923 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | TURNBRIDGE EQUITIES REAL ESTATE FUND II LP | Desc |
| Exclusion | 01 | ExclusionCd |
| Exclusion | -$35,054 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $1,322,274 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,322,274 | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Contributor Person | James J Pallotta | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2068 NORTH BAY ROAD | AddressLine1Txt |
| City | MIAMI BEACH | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33140 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $1,339,461 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
| Noncash Contribution | Yes (X) | NoncashContributionInd |
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Noncash Property | 71,457 SHARES COUPANG, INC. | NoncashPropertyDesc |
| Fair Market Value | $1,339,461 | FairMarketValueAmt |
| Received | 2022-03-30 | ReceivedDt |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $5,300 | Amt |
| Disbursements Charitable Prps | $5,300 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $5,289,275 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $5,289,275 | USGovtObligationsEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | SEE ATTACHED | CategoryOrItemTxt |
| Book Value | $2,515,047 | BookValueAmt |
| EOYFMV | $2,515,047 | EOYFMVAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CONTRIBUTED STOCK - DIFF OF FMV AND COST | Desc |
| Amt | $1,322,802 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| MASSACHUSETTS FILING FEE | $250 | $250 |
| TURNBRDGE EQUITIES REAL ESTATE | $571 | |
| PRUDENCE FUND III LP | $44,500 | |
| R&R PALLIDUS HOLDINGS LLC | $141 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | TURNBRIDGE EQUITIES REAL ESTATE FUND II | Desc |
| Revenue And Expenses Per Books | -$35,054 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | -$35,054 | NetInvestmentIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | 2022 FED ESTIMATE TAX | CategoryTxt |
| Amt | $20,000 | Amt |
Comments