QUEALLY FOUNDATION INC: Form 990PF, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- QUEALLY FOUNDATION INC (EIN 77-0607990)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-11-08
- IRS object ID
- 202343129349102079
- 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
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Professional Fees Schedule
- Substantial Contributors Sch
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-11-08T17:49:09-06:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 464409177 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ECHELON ADVISORS LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 63 TAYLOR AVE | AddressLine1Txt |
| City | MANASQUAN | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 08736 | 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 | 770607990 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE QUEALLY FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | QUEA | BusinessNameControlTxt |
| Phone | 2039201544 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 326 SEABREEZE AVE | AddressLine1Txt |
| City | PALM BEACH | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33480 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | PAUL QUEALLY | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 2039201544 | PhoneNum |
| Signature | 2023-11-08 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | PAUL | PersonFirstNm |
| Person Last | QUEALLY | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | 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 | JING MAO | PreparerPersonNm |
| PTIN | P01345554 | PTIN |
| Phone | 7329037338 | PhoneNum |
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 | $33,668,210 | 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 | $19,504 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $64,303 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $64,303 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $1,759,338 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $3,200,945 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $2,155,463 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $1,437,550 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $1,101,518 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $3,280,695 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $3,321,284 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $19,504 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $4,876 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $89,484 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $29,828 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $59,656 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $66,648 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $157 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $298,402 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $53,017 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $474,038 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $87,878 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $59,656 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $2,928,435 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $2,928,435 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $3,402,473 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $87,878 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $2,988,091 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$121,778 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $3,233,406 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $3,196,774 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $2,108,913 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $2,108,913 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $10,160,274 | CorporateStockBOYAmt |
| Corporate Stock EOY | $10,250,837 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $17,597,005 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $12,287,028 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $13,087,859 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $13,883,126 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $6,369 | OtherAssetsBOYAmt |
| Other Assets EOY | $79,166 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $79,166 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $25,650,445 | TotalAssetsBOYAmt |
| Total Assets EOY | $25,526,775 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $33,668,210 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $25,650,445 | RetainedEarningBOYAmt |
| Retained Earning EOY | $25,526,775 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $25,650,445 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $25,526,775 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $25,650,445 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $25,526,775 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $25,650,445 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$121,778 | ExcessRevenueOverExpensesAmt |
| Other Increases | $1,274 | OtherIncreasesAmt |
| Subtotal | $25,529,941 | SubtotalAmt |
| Other Decreases | $3,166 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $25,526,775 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (7 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|
| PUBLIC TRADED SECURITIES JPM ACCT X 7005 | $2,002,387 | $1,150 | $2,001,237 | $2,001,237 | |
| PUBLIC TRADED SECURITIES JPM ACCT X 7005 | $624,673 | $319,923 | $304,750 | $304,750 | |
| PUBLIC TRADED SECURITIES FIDELITY ACCT X 7455 | $125,063 | $265,798 | -$140,735 | -$140,735 | |
| PUBLIC TRADED SECURITIES FIDELITY ACCT X 7455 | $178,188 | $158,430 | $19,758 | $19,758 | |
| PUBLIC TRADED SECURITIES FIDELITY ACCT X 7614 | $73,956 | $87,252 | -$13,296 | -$13,296 | |
| PUBLIC TRADED SECURITIES FIDELITY ACCT X 7614 | $196,678 | $163,357 | $33,321 | $33,321 | |
| HACKENSACK-URBAN APARTMENTS LLC- LONG TERM LOSS | $49,572 | -$49,572 | -$49,572 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $2,155,463 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $44,944 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $44,944 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $44,944 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $44,374 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $28,000 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $72,374 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $27,430 | OverpaymentAmt |
| Applied To ES Tax | $27,430 | 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 | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | DE | OrgReportOrRegisterStateCd |
| Org Report Or Register State | FL | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | Yes (1) | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | HTTPS://THEQUEALLYFOUNDATION.COM/ | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | 5Q CAPITAL LLC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2039201544 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 57 LONE TREE FARM ROAD | AddressLine1Txt |
| City | NEW CANAAN | CityNm |
| State Abbreviation | CT | StateAbbreviationCd |
| ZIP | 06840 | 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 | Yes (1) | BusinessHoldingsInd |
| Excess Business Holdings | 0 | ExcessBusinessHoldingsInd |
| 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 (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 |
|---|---|---|---|---|---|---|---|---|
| ANNE-MARIE QUEALLY | ||||||||
| 326 SEABREEZE AVE | PALM BEACH | FL | 33480 | VICE PRESIDENT/ DIRECTOR | 1.00 | $0 | $0 | $0 |
| PAUL B QUEALLY | ||||||||
| 326 SEABREEZE AVE | PALM BEACH | FL | 33480 | PRESIDENT/ DIRECTOR/ SECRE | 1.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BELLTOWER LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 218 SOUTH AVE | AddressLine1Txt |
| City | NEW CANAAN | CityNm |
| State Abbreviation | CT | StateAbbreviationCd |
| ZIP | 06840 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | PHILANTHROPIC CONSULTING | ServiceTypeTxt |
| Compensation | $89,484 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
| Expenses1 | $0 | Expenses1Amt |
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 | $19,364,702 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $2,509,263 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $13,948,840 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $35,822,805 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $35,822,805 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $537,342 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $35,285,463 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,764,273 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,764,273 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $44,944 | TaxBasedOnInvestmentIncomeAmt |
| Income Tax | $47,231 | IncomeTaxAmt |
| Total Tax | $92,175 | TotalTaxAmt |
| Distributable Before Adj | $1,672,098 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $1,672,098 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $1,672,098 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $2,988,091 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $2,988,091 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,672,098 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $1,965,544 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $1,525,586 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $1,703,423 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $1,427,884 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $839,610 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $7,462,047 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $2,988,091 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $1,672,098 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $1,315,993 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $8,778,040 | 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 | $1,965,544 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $6,812,496 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $1,525,586 | ExcessFromYear4Amt |
| Excess From Year3 | $1,703,423 | ExcessFromYear3Amt |
| Excess From Year2 | $1,427,884 | ExcessFromYear2Amt |
| Excess From Year1 | $839,610 | ExcessFromYear1Amt |
| Excess From Current Year | $1,315,993 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | ANNE-MARIE QUEALLY | ContributingManagerNm |
| Contributing Manager | PAUL B QUEALLY | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (14 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| CATHOLIC ACADEMY OF BRIDGEPORT | |||||||
| 63 PEQUONNOCK ST | BRIDGEPORT | CT | 06604 | NONE | PC | GENERAL SUPPORT | $316,850 |
| FRIENDS OF SCHOOL IN THE SQUARE INC | |||||||
| 120 WADSWORTH AVE | NEW YORK | NY | 10033 | NONE | PC | GENERAL SUPPORT | $55,000 |
| HOPE RURAL SCHOOL | |||||||
| 15929 SW 150TH ST | INDIANTOWN | FL | 34956 | NONE | PC | GENERAL SUPPORT | $58,585 |
| JDRF | |||||||
| 26 BROADWAY 14TH FLOOR | NEW YORK | NY | 10004 | NONE | PC | GENERAL SUPPORT | $250,000 |
| RISING STARS INC | |||||||
| 99082 S 4515 RD | VIAN | OK | 74962 | NONE | PC | GENERAL SUPPORT | $70,000 |
| ST LUKE SCHOOL | |||||||
| 322 N 175TH ST | SHORELINE | WA | 98133 | NONE | PC | GENERAL SUPPORT | $16,000 |
| US SKI & SNOWBOARD FOUNDATION | |||||||
| 1 VICTORY LN BOX 100 | PARK CITY | UT | 84060 | NONE | PC | GENERAL SUPPORT | $18,000 |
| UNIVERSITY OF RICHMOND | |||||||
| 114 UR DRIVE | UNIVERSITY OF RICHMOND | VA | 23173 | NONE | PC | GENERAL SUPPORT | $2,000,000 |
| AMERICAN FOUNDATION FOR SUICIDE PREVENTION | |||||||
| 199 WATER STREET 11TH FLOOR | NEW YORK | NY | 10038 | NONE | PC | GENERAL SUPPORT | $500 |
| INNER-CITY SCHOLARSHIP FUND | |||||||
| 1011 FIRST AVENUE SUITE 1800 | NEW YORK | NY | 10022 | NONE | PC | GENERAL SUPPORT | $5,000 |
| THE MULTIPLE MYELOMA RESEARCH FOUNDATION | |||||||
| 383 MAIN AVENUE 5TH FLOOR | NORWALK | CT | 06851 | NONE | PC | GENERAL SUPPORT | $83,500 |
| ONE WORLD SURGERY | |||||||
| 510 LAKE COOK RD STE 400 | DEERFILED | IL | 60015 | NONE | PC | GENERAL SUPPORT | $25,000 |
| WINGED FOOT FOUNDATION | |||||||
| 913 MANCHESTER ST | NAPERVILLE | IL | 60563 | NONE | PC | GENERAL SUPPORT | $10,000 |
| WEST POINT ASSOCIATION OF GRADUATES | |||||||
| HERBERT HALL 698 MILLS RD | WEST POINT | NY | 10996 | NONE | PC | GENERAL SUPPORT | $20,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $2,928,435 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $64,303 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,437,550 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $1,759,338 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $3,261,191 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $3,261,191 | 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 |
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 | PAUL AND ANNE-MARIE QUEALLY | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 326 SEABREEZE AVE | AddressLine1Txt |
| City | PALM BEACH | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33480 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $19,504 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | TAX PREPARATION FEE | CategoryTxt |
| Amt | $19,504 | Amt |
| Net Investment Income | $4,876 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (61 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| ABBVIE INC COM USD0.01(ABBV) | $12,389 | $12,767 |
| ABERDEEN GLOBAL PREMIER PROP | $47,404 | $12,394 |
| ADOBE SYSTEMS INCORPORATED COM | $60,983 | $58,893 |
| ADVANCED MICRO DEVICES INC(AMD) | $52,902 | $61,337 |
| AIRBNB INC COM CL A(ABNB) | $43,076 | $31,721 |
| ALPHABET INC CAP STK CL A(GOOGL) | $25,405 | $30,881 |
| ALPHABET INC CAP STK CL C(GOOG) | $76,208 | $71,871 |
| AMAZON.COM INC (AMZN) | $88,132 | $67,368 |
| ANALOG DEVICES INC COM USD0.16 2/3 | $85,075 | $107,440 |
| AON PLC SHS CL A COM USD0.01(AON) | $24,525 | $36,317 |
| APPLE INC | $325,825 | $557,400 |
| ARROWHEAD PHARMACEUTICALS INC | $45,166 | $40,763 |
| ASML HOLDING NV EUR0.09 NY REGISTRY | $56,273 | $98,352 |
| AUTODESK INC (ADSK) | $20,946 | $21,490 |
| AXONICS MODULATION TECHNOLOGIE COM | $52,371 | $66,407 |
| CIENA CORP (CIEN) | $28,614 | $27,682 |
| CONSTELLATION BRANDS INC COM USD0.01 | $26,304 | $34,067 |
| COSTCO WHOLESALE CORP COM USD0.01 | $17,912 | $23,738 |
| CSX CORP COM USD1 (CSX) | $27,096 | $36,340 |
| DANAHER CORPORATION COM(DHR) | $96,260 | $111,211 |
| DEXCOM INC (DXCM) | $63,466 | $99,991 |
| DOMINO S PIZZA INC (DPZ) | $26,139 | $24,248 |
| EDWARDS LIFESCIENCES CORP(EW) | $79,574 | $81,400 |
| ELI LILLY AND CO (LLY) | $68,767 | $80,485 |
| EOG RESOURCES INC (EOG) | $32,623 | $37,949 |
| ETSY INC COM (ETSY) | $23,449 | $37,611 |
| FREEPORT-MCMORAN INC COM USD0.10 | $14,084 | $14,820 |
| GULF COAST ULTRA DEEP RTY TR ROYALTY TR | $9,602 | $224 |
| HOME DEPOT INC (HD) | $28,722 | $37,903 |
| IDEXX LABORATORIES INC COM USD0.10 | $46,051 | $71,801 |
| INTUIT INC (INTU) | $54,937 | $77,066 |
| INTUITIVE SURGICAL INC(ISRG) | $62,584 | $57,316 |
| JPMORGAN CHASE & CO(JPM) | $50,251 | $64,636 |
| KEYSIGHT TECHNOLOGIES INC COM | $76,527 | $122,828 |
| MARRIOTT INTERNATIONAL INC | $14,545 | $23,078 |
| MASIMO CORP (MASI) | $38,330 | $29,146 |
| MASTERCARD INCORPORATED CL A | $421,422 | $580,709 |
| MEDTRONIC PLC COMMON STOCK | $147,128 | $148,601 |
| MICROSOFT CORP | $250,036 | $357,811 |
| MICROSOFT CORP (MSFT) | $55,531 | $69,308 |
| MOBILEYE GLOBAL INC COMMON CLASS A | $21,120 | $28,469 |
| MONSTER BEVERAGE CORP NEW COM | $14,135 | $20,915 |
| MUELLER WTR PRODS INC COM SER A STK | $209,100 | $322,800 |
| NEXTERA ENERGY INC COM USD0.01(NEE) | $39,019 | $51,748 |
| NVIDIA CORPORATION COM(NVDA) | $54,327 | $96,891 |
| PALO ALTO NETWORKS INC COM USD0.0001 | $49,571 | $39,350 |
| PAYCOM SOFTWARE INC AND OPTIONS | $6,480,661 | $12,950,167 |
| PROCTER AND GAMBLE CO COM(PG) | $16,460 | $20,764 |
| SERVICENOW INC COM USD0.001(NOW) | $54,909 | $49,310 |
| TAPESTRY INC COM (TPR) | $11,686 | $25,476 |
| TESLA INC COM (TSLA) | $77,670 | $26,976 |
| TRADEWEB MKTS INC CL A (TW) | $78,925 | $91,486 |
| TRANSDIGM GROUP INC (TDG) | $63,487 | $63,595 |
| UBER TECHNOLOGIES INC COM(UBER) | $61,166 | $46,740 |
| UNION PAC CORP COM(UNP) | $29,486 | $36,030 |
| UNREALIZED GAIN FROM STOCKS JPM X7005 | $0 | $1,873 |
| VERTEX PHARMACEUTICALS INC(VRTX) | $22,434 | $21,947 |
| VISA INC (V) | $36,991 | $41,136 |
| ZEBRA TECHNOLOGIES CORPORATION CL A | $85,720 | $88,718 |
| ZOETIS INC (ZTS) | $14,491 | $13,190 |
| ZOOMINFO TECHNOLOGIES INC | $52,845 | $34,054 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (4 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| PARTNERSHIP INTEREST IN HACKENSACK | AT COST | $71,637 | $32,817 |
| PARTNERSHIP INTEREST IN INVICTUS | AT COST | $4,516,119 | $4,010,129 |
| PARTNERSHIP INTEREST IN NORTH SHORE | AT COST | $5,303,713 | $6,504,361 |
| PARTNERSHIP INTEREST IN WILDCAT | AT COST | $3,196,390 | $3,335,819 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (3 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| UNSETTLED FUNDS FROM SALE OF SECURITIES | $6,246 | $0 | $0 |
| DIVIDEND DEPOSIT IN TRANSIT | $123 | $123 | $123 |
| DISTRIBUTION DUE FROM PARTNERSHIP | $0 | $79,043 | $79,043 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (3 entries)
| DescDesc | AmtAmt |
|---|---|
| SECURITY BASIS ADJUSTMENT | $59 |
| INVICTUS TAX CAPITAL ADJUSTMENT | $3,101 |
| NET ASSETS ADJUSTMENT | $6 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (7 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FILING FEES | $432 | $0 | $0 |
| OTHER EXPENSES THRU - INVICTUS FUND II | $15,441 | $15,441 | $0 |
| OTHER EXPENSES THRU - HACKENSACK | $1,514 | $1,514 | $0 |
| OTHER EXPENSES THRU - WILDCAT | $3,918 | $3,918 | $0 |
| BROKERAGE ACCOUNT FEES | $32,144 | $32,144 | $0 |
| IRS NOTICE PENALTY | $1,736 | $0 | $0 |
| OTHER EXPENSES THRU - NORTH SHORE | $243,217 | $0 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (8 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| HACKENSACK-URBAN APARTMENTS LLC K1 | -$13,835 | -$13,835 | $0 |
| JPM X7005 - ROYALTY INCOME | $43 | $43 | $0 |
| HACKESACK -DIVIDEND | $219 | $219 | $0 |
| WILDCAT CLO LLC K-1 INTEREST | $74 | $74 | $0 |
| WILDCAT CLO LLC K-1 QEF | $436,709 | $436,709 | $0 |
| INVICTUS FUND K-1 DIVIDEND | $678,308 | $678,308 | $0 |
| NORTH SHORE K-1 RENTAL | $291,658 | $0 | $0 |
| PRIOR YEAR TAX OVERPAYMENT | $44,374 | $0 | $0 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| JPM X 7005 NON-DIVIDEND DISTRIBUTION | $1,271 |
| ROUNDING | $3 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | PHILANTHROPIC CONSULTING FEE | CategoryTxt |
| Amt | $89,484 | Amt |
| Net Investment Income | $29,828 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $59,656 | DisbursementsCharitablePrpsAmt |
Substantial Contributors Sch SubstantialContributorsSch
Substantial Contributor Detail SubstantialContributorDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | PAUL B QUEALLY | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 326 SEABREEZE AVE | AddressLine1Txt |
| City | PALM BEACH | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33480 | ZIPCd |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FOREIGN TAX | $157 | $157 | $0 |
| FEDERAL EXCISE TAX | $66,491 | $0 | $0 |