ROBERT J NOLAN FOUNDATION INC: Form 990PF, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- ROBERT J NOLAN FOUNDATION INC (EIN 22-2826285)
- Tax period
- 2022-10-01 to 2023-09-30
- Filed
- 2023-11-21
- IRS object ID
- 202333259349100753
- 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
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Other Expenses Schedule
- Other Liabilities Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-11-21T16:25:18-05:00 | ReturnTs |
| Tax Period End | 2023-09-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 141515307 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SEFCO CPA'S LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 16 PINE ST | AddressLine1Txt |
| City | GLENS FALLS | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 128013444 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2022-10-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 222826285 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ROBERT J NOLAN FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ROBE | BusinessNameControlTxt |
| Phone | 5187924900 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 82 GLENWOOD AVENUE | AddressLine1Txt |
| City | QUEENSBURY | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 12804 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MICHAEL BORGOS | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 5187924900 | PhoneNum |
| Signature | 2023-11-07 | SignatureDt |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | MICHAEL | PersonFirstNm |
| Person Last | BORGOS | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | BRIAN S FLINT CPA | PreparerPersonNm |
| PTIN | P01070105 | PTIN |
| Phone | 5187937783 | PhoneNum |
| Preparation | 2023-11-21 | PreparationDt |
| 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 | $2,057,624 | 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 | $10,238 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $10,238 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $10,238 | InterestOnSavingsAdjNetIncmAmt |
| Dividends Rev And Expnss | $40,650 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $40,650 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $40,650 | DividendsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$1,031 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $150,826 | GrossSalesPriceAmt |
| Total Rev And Expnss | $49,857 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $50,888 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $50,888 | TotalAdjNetIncmAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $7,500 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $7,500 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $2,600 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Chrtbl Prps | $2,600 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $2,586 | TaxesRevAndExpnssAmt |
| Taxes Dsbrs Chrtbl | $1,329 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $13,463 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $11,410 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $1,786 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $26,149 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $11,410 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $13,215 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $100,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $100,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $126,149 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $11,410 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $113,215 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$76,292 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $39,478 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $50,888 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $5,235 | CashBOYAmt |
| Cash EOY | $4,193 | CashEOYAmt |
| Cash EOYFMV | $4,193 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $20,156 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $17,628 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $17,628 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $1,287,283 | CorporateStockBOYAmt |
| Corporate Stock EOY | $1,150,042 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $1,405,645 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $675,075 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $738,708 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $630,158 | CorporateBondsEOYFMVAmt |
| Total Assets BOY | $1,987,749 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,910,571 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $2,057,624 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $886 | OtherLiabilitiesBOYAmt |
| Total Liabilities BOY | $886 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $1,986,863 | RetainedEarningBOYAmt |
| Retained Earning EOY | $1,910,571 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $1,986,863 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $1,910,571 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $1,987,749 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $1,910,571 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $1,986,863 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$76,292 | ExcessRevenueOverExpensesAmt |
| Subtotal | $1,910,571 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $1,910,571 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (10 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|
| 2106.077SHS FEDERATED TOTAL RETURN S | P | 2022-12-20 | $20,176 | $24,094 | -$3,918 | -$3,918 |
| 879.598SHS FRANKLIN CONV SECURTIES | P | 2022-12-20 | $16,897 | $22,462 | -$5,565 | -$5,565 |
| INTEL CORP 2.70% | P | 2022-12-15 | $15,000 | $15,000 | ||
| 1685.359SHS LAZARD GLOBAL LISTED INF | P | 2022-12-21 | $26,662 | $28,139 | -$1,477 | -$1,477 |
| 198.004SHS PERMANENT PORTFOLIO | P | 2022-12-20 | $9,203 | $8,742 | $461 | $461 |
| JOHN DEERE CAPITAL CORP 2.80% | P | 2023-03-06 | $15,000 | $14,989 | $11 | $11 |
| APPLE INC 2.40% | P | 2023-05-03 | $15,000 | $15,000 | ||
| 191 SHS INTEL CORP | P | 2023-08-28 | $6,370 | $6,242 | $128 | $128 |
| 30SHS STRYKER CORP | P | 2023-08-28 | $8,322 | $8,295 | $27 | $27 |
| 57SHS WASTE MANAGEMENT INC | P | 2023-08-28 | $9,051 | $8,894 | $157 | $157 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$1,031 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | -$1,477 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $549 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $549 | SubtotalAmt |
| Tax Based On Investment Income | $549 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $630 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $630 | TotalPaymentsAndCreditsAmt |
| Overpayment | $81 | OverpaymentAmt |
| Applied To ES Tax | $81 | 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 | NY | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | RJNOLANFOUNDATION.ORG | WebsiteAddressTxt |
| Individual With Books | MICHAEL BORGOS | IndividualWithBooksNm |
| Phone | 5187924900 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 82 GLENWOOD AVENUE | AddressLine1Txt |
| City | QUEENSBURY | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 12804 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| 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 | Yes (true) | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | false | TransactionsFailToQlfyAsExcInd |
| 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 (7 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 |
|---|---|---|---|---|---|---|---|---|
| MICHAEL BORGOS | ||||||||
| 82 GLENWOOD AVE | QUEENSBURY | NY | 12804 | PRESIDENT | 1.50 | $0 | $0 | $0 |
| KEVIN MAHONEY | ||||||||
| 15 COOPER STREET | GLENS FALLS | NY | 12801 | SECRETARY | 1.00 | $0 | $0 | $0 |
| SAMANTHA J HISS | ||||||||
| 1 LONGHILL RD | RANDOLPH | NJ | 07869 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| KATHLEEN B HOGAN | ||||||||
| 14 COOLIDGE AVENUE | GLENS FALLS | NY | 12801 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| JOHN C MANNIX JR | ||||||||
| 198 CHURCH STREET | SARATOGA SPRINGS | NY | 12866 | TREASURER | 1.00 | $0 | $0 | $0 |
| RICHARD MEATH | ||||||||
| 2 APPLE LANE | QUEENSBURY | NY | 12804 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| MARY TULLY | ||||||||
| 148 LAKE AVENUE | SARATOGA SPRINGS | NY | 12866 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
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 | $2,053,715 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $30,825 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $2,084,540 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $2,084,540 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $31,268 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $2,053,272 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $102,664 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $102,664 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $549 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $549 | TotalTaxAmt |
| Distributable Before Adj | $102,115 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $102,115 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $102,115 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $113,215 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $113,215 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $102,115 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $43,030 | UndistributedIncomePYAmt |
| Qualifying Distributions | $113,215 | QualifyingDistributionsAmt |
| Applied To Year1 | $43,030 | AppliedToYear1Amt |
| Applied To Current Year | $70,185 | AppliedToCurrentYearAmt |
| Undistributed Income CY | $31,930 | UndistributedIncomeCYAmt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | THE ROBERT J NOLAN FOUNDATION INC | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | MICHAEL BORGOS 82 GLENWOOD AVENUE | AddressLine1Txt |
| City | QUEENSBURY | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 12804 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 5187924900 | RecipientPhoneNum |
| Form And Info And Materials | EACH STUDENT WILL SUBMIT AN APPLICATION FOR CONSIDERATION. THE APPLICATION REQUESTS INFORMATION ON THE FOLLOWING AREAS: 1.EDUCATIONAL ACHIEVEMENT; 2. PARTICIPATION IN HIGH SCHOOL VARSITY ATHLETIC TEAMS; 3. EXTRACURRICULAR SCHOOL-RELATED ACTIVITIES; 4. CIVIC ACTIVITIES; 5. RELIGIOUS ORGANIZATION PARTICIPATION AND 6. FINANCIAL NEED. THE DIRECTORS WOULD USE THE INFORMATION FROM THE APPLICATION TO SELECT RECIPIENTS. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | ALL APPLICATIONS ARE DUE BY MAY 15. THE FOUNDATION WILL PUBLICIZE THE EXISTENCE OF THE SCHOLARSHIP P | SubmissionDeadlinesTxt |
| Restrictions On Awards | THE ROBERT J NOLAN FOUNDATION, INC. WILL AWARD SCHOLARSHIPS TO INDIVIDUALS ATTENDING SECONDARY SCHOOLS WHO ARE FROM THE GREATER GLENS FALLS AREA. SCHOLARSHIPS ARE AWARDED TO THE WELL-BALANCED STUDENT WITH A SPECIAL EMPHASIS ON PARTICIPATION IN VARSITY ATHLETIC TEAMS AND THE EXPRESSED INTENTION OF PARTICIPATION IN ORGANIZED ATHLETIC TEAMS AND ENDEAVORS AT THE UNDERGRADUATE AND/OR GRADUATE LEVEL. | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (19 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| ANNA BEAROR | ||||||
| 25 PINION PINE LANE | QUEENSBURY | NY | 12804 | NONE | SCHOLARSHIP | $7,500 |
| JESSICA BETTS | ||||||
| 12 IRIS AVE | SO GLENS FALLS | NY | 12803 | NONE | SCHOLARSHIP | $5,000 |
| BRIAN BEYERBACH | ||||||
| 6 SHERWOOD DRIVE | QUEENSBURY | NY | 12804 | NONE | SCHOLARSHIP | $2,500 |
| JACK BORDEAU | ||||||
| 2 PLEASANT LANE | QUEENSBURY | NY | 12804 | NONE | SCHOLARSHIP | $7,500 |
| DEMETER BURNS | ||||||
| 30 CONSTITUTION WAY | QUEENSBURY | NY | 12804 | NONE | SCHOLARSHIP | $7,500 |
| DEREK BUSHMAN | ||||||
| 338 REYNOLDS ROAD | FORT EDWARD | NY | 12828 | NONE | SCHOLARSHIP | $7,500 |
| AISLYNN DIXON | ||||||
| 145 FARR LANE | QUEENSBURY | NY | 12804 | NONE | SCHOLARSHIP | $2,500 |
| DANIELLE HAND | ||||||
| 26 OAK TREE CIRCLE | QUEENSBURY | NY | 12804 | NONE | SCHOLARSHIP | $2,500 |
| JULIA KRESS | ||||||
| 49 SHERIDAN STREET | GLENS FALLS | NY | 12801 | NONE | SCHOLARSHIP | $2,500 |
| BIANCA MALLETTE | ||||||
| 44 CHERRY TREE LANE | GANSEVOORT | NY | 12831 | NONE | SCHOLARSHIP | $5,000 |
| KAITLIN MCDONOUGH | ||||||
| 2 PEACH TREE LANE | WILTON | NY | 12831 | NONE | SCHOLARSHIP | $2,500 |
| GRACIE NASSIVERA | ||||||
| 203 DEAN ROAD | HUDSON FALLS | NY | 12839 | NONE | SCHOLARSHIP | $7,500 |
| LEA RICHARD | ||||||
| 422 BROWNVILLE ROAD | GANSEVOORT | NY | 12831 | NONE | SCHOLARSHIP | $5,000 |
| SAMUEL ROWLEY | ||||||
| 7 PAULS WAY | QUEENSBURY | NY | 12804 | NONE | SCHOLARSHIP | $10,000 |
| LANNING TOREBKA | ||||||
| 13 CLARK STREET | SO GLENS FALLS | NY | 12803 | NONE | SCHOLARSHIP | $5,000 |
| BRYCE TYLER | ||||||
| 7 WINCREAST DRIVE | FORT EDWARD | NY | 12828 | NONE | SCHOLARSHIP | $7,500 |
| ADDISON WILLIS | ||||||
| 221 MAIN STREET | SO GLENS FALLS | NY | 12803 | NONE | SCHOLARSHIP | $5,000 |
| LAUREN WILLIS | ||||||
| 20 SNOWBERRY LANE | GANSEVOORT | NY | 12831 | NONE | SCHOLARSHIP | $5,000 |
| CODY YORK | ||||||
| 91 YORK RD | CORINTH | NY | 12822 | NONE | SCHOLARSHIP | $2,500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $100,000 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $10,238 | RelatedOrExemptFunctionIncmAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $40,650 | RelatedOrExemptFunctionIncmAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | -$1,031 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $49,857 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $49,857 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp (3 entries)
| Line NumberLineNumberTxt | Relationship StatementRelationshipStatementTxt |
|---|---|
| 3 | THE ROBERT J. NOLAN FOUNDATION, INC. WAS FORMED ON |
| 4 | DECEMBER 18, 1986 FOR THE PURPOSE OF DISBURSING |
| 8 | EDUCATIONAL ASSISTANCE TO GRADUATE AND UNDERGRADUATE STUDENTS FROM THE GREATER GLENS FALLS AREA. THE RECIPIENTS MUST BE QUALIFIED IN THE FOLLOWING AREAS: EDUCATIONAL ACHIEVEMENT; PARTICIPATION IN HIGH SCHOOL VARSITY TEAMS; EXTRA-CURRICULAR SCHOOL-RELATED ACTIVITIES; RELIGIOUS ORGANIZATION PARTICIPATION AND FINANCIAL NEED. |
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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FEES PAID FOR PREPARATION OF 990 | CategoryTxt |
| Amt | $2,600 | Amt |
| Disbursements Charitable Prps | $2,600 | DisbursementsCharitablePrpsAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY Book Value | $738,708 | EOYBookValueAmt |
| EOYFMV | $630,158 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY Book Value | $1,150,042 | EOYBookValueAmt |
| EOYFMV | $1,405,645 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (6 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| EXPENSES | |||
| BANK INVESTMENT FEES | $11,410 | $11,410 | |
| FILING FEES | $250 | $250 | |
| INSURANCE | $1,092 | $1,092 | |
| OFFICE EXPENSE | $444 | $444 | |
| PENALTY& INTEREST | $267 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PAYROLL LIABILITIES | Desc |
| BOY Book Value | $886 | BOYBookValueAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| FORM 990-PF | $1,257 | |
| PAYROLL TAXES | $1,329 | $1,329 |
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