WESLEY JOSEPH & MARION FAMILY FOUNDATION: Form 990PF, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- WESLEY JOSEPH & MARION FAMILY FOUNDATION (EIN 83-0469852)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-05-16
- IRS object ID
- 202221369349100507
- Schema version
- 2021v4.2
- 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
- Investments Corp Stock Schedule
- Legal Fees Schedule
- Other Expenses Schedule
- Other Increases Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-05-16T06:16:55-05:00 | ReturnTs |
| Tax Period End | 2021-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 230891050 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Morgan Lewis & Bockius LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1701 Market Street | AddressLine1Txt |
| City | Philadelphia | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19103 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2021-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 830469852 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Wesley Joseph & Marion Family Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | WESL | BusinessNameControlTxt |
| Phone | 2159635599 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Morgan Lewis - 1701 Market Street | AddressLine1Txt |
| City | Philadelphia | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19103 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Joseph Wesley | PersonNm |
| Person Title | Trustee | PersonTitleTxt |
| Phone | 2159635599 | PhoneNum |
| Signature | 2022-05-16 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | Joseph | PersonFirstNm |
| Person Last | Wesley | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Sheryl F Roth | PreparerPersonNm |
| PTIN | P01252276 | PTIN |
| Phone | 2159635000 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $658,837 | 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 | $3,565,211 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $24,761 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $24,761 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $5,775,106 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $10,046,277 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $5,775,106 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $9,365,078 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $5,799,867 | 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 |
| Legal Fees Rev And Expnss | $8,673 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $4,336 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $4,337 | LegalFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $98,995 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $98,995 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $192 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $96 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $96 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $107,860 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $103,427 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $4,433 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $9,406,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $9,406,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $9,513,860 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $103,427 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $9,410,433 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$148,782 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $5,696,440 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $1,550 | CashBOYAmt |
| Cash EOY | $16,556 | CashEOYAmt |
| Cash EOYFMV | $16,556 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $180,187 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $996 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $996 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $625,215 | CorporateStockBOYAmt |
| Corporate Stock EOY | $640,621 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $641,285 | CorporateStockEOYFMVAmt |
| Total Assets BOY | $806,952 | TotalAssetsBOYAmt |
| Total Assets EOY | $658,173 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $658,837 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $504,178 | CapitalStockBOYAmt |
| Capital Stock EOY | $504,178 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $302,774 | RetainedEarningBOYAmt |
| Retained Earning EOY | $153,995 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $806,952 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $658,173 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $806,952 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $658,173 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $806,952 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$148,782 | ExcessRevenueOverExpensesAmt |
| Other Increases | $3 | OtherIncreasesAmt |
| Subtotal | $658,173 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $658,173 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (51 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|---|---|
| 300 shs Fortinet | 2020-12-17 | 2021-11-22 | $103,091 | $40,803 | $62,288 | $62,288 | |
| 13,500 shs Targa Resources | 2021-07-20 | $557,926 | $235,628 | $322,298 | $322,298 | ||
| 12,478.921 shs Vanguard H/Y Corp Adml | 2021-01-11 | 2021-12-08 | $74,000 | $74,000 | $0 | $0 | |
| 2,420.136 shs Vanguard Int Tm Inv Gd Adml | 2020-08-13 | 2021-02-17 | $25,000 | $25,586 | -$586 | -$586 | |
| 2,757.083 shs Vanguard Int Tm Inv Gd Adml | 2021-12-08 | $27,626 | $29,220 | -$1,594 | -$1,594 | ||
| 250 shs Adobe | 2019-04-08 | 2021-11-22 | $173,999 | $67,204 | $106,795 | $106,795 | |
| 154 shs Alphabet A | 2015-10-05 | 2021-04-09 | $347,359 | $103,439 | $243,920 | $243,920 | |
| 4,666 shs Brookfield Asset Mgmnt A | 2016-03-02 | 2021-07-20 | $228,083 | $96,582 | $131,501 | $131,501 | |
| 5,000 shs Cheniere Energy | 2020-03-17 | 2021-07-20 | $415,112 | $173,390 | $241,722 | $241,722 | |
| 975 shs Dassault Systemes SA ADR | 2021-04-09 | $221,004 | $74,511 | $146,493 | $146,493 | ||
| 274 shs EPAM Systems | 2020-07-14 | 2021-11-22 | $182,253 | $68,825 | $113,428 | $113,428 | |
| 3,554 shs Experian PLC ADR | 2021-07-20 | $147,632 | $59,949 | $87,683 | $87,683 | ||
| 300 shs META Platforms A | 2021-04-09 | $94,113 | $37,686 | $56,427 | $56,427 | ||
| 100 shs META Platforms A | 2017-03-07 | 2021-07-20 | $34,046 | $13,728 | $20,318 | $20,318 | |
| 200 shs Fortinet | 2021-11-22 | $68,728 | $23,701 | $45,027 | $45,027 | ||
| 900 shs Arthur J Gallagher | 2021-04-09 | $119,639 | $39,223 | $80,416 | $80,416 | ||
| 750 shs Home Depot | 2015-10-05 | 2021-04-09 | $237,644 | $89,404 | $148,240 | $148,240 | |
| 50 shs Intuit | 2019-11-07 | 2021-11-22 | $34,598 | $12,998 | $21,600 | $21,600 | |
| 1,887 shs Johnson & Johnson | 2021-04-09 | $303,824 | $118,591 | $185,233 | $185,233 | ||
| 800 shs Eli Lilly | 2021-04-09 | $146,205 | $63,780 | $82,425 | $82,425 | ||
| 310 shs Eli Lilly | 2017-04-10 | 2021-07-20 | $72,866 | $26,511 | $46,355 | $46,355 | |
| 2,860 shs Lowes Companies | 2021-04-09 | $564,309 | $208,210 | $356,099 | $356,099 | ||
| 1,320 shs Marsh & McLennan | 2015-10-05 | 2021-07-20 | $187,539 | $70,983 | $116,556 | $116,556 | |
| 100 shs Monolithic Power Sys | 2020-06-08 | 2021-11-22 | $57,309 | $22,924 | $34,385 | $34,385 | |
| 300 shs Old Dominion Freight | 2020-04-17 | 2021-11-22 | $106,664 | $40,951 | $65,713 | $65,713 | |
| 1,500 shs Oracle | 2015-10-05 | 2021-11-22 | $141,235 | $56,393 | $84,842 | $84,842 | |
| 1,075 shs Prologis | 2021-07-20 | $137,275 | $53,186 | $84,089 | $84,089 | ||
| 1,400 shs Republic Services | 2015-10-05 | 2021-04-09 | $144,626 | $58,933 | $85,693 | $85,693 | |
| 2,714 shs Sony Group ADR | 2018-05-02 | 2021-04-09 | $300,947 | $126,536 | $174,411 | $174,411 | |
| 800 shs Stryker | 2021-04-09 | $202,040 | $77,070 | $124,970 | $124,970 | ||
| 600 shs Synopsys | 2017-12-07 | 2021-04-09 | $156,864 | $54,234 | $102,630 | $102,630 | |
| 2,652 shs SYSCO | 2020-03-18 | 2021-04-09 | $213,625 | $78,545 | $135,080 | $135,080 | |
| 500 shs Target | 2021-07-20 | $128,054 | $43,107 | $84,947 | $84,947 | ||
| 6,000 shs Targa Resources | 2020-03-13 | 2021-04-09 | $184,574 | $61,040 | $123,534 | $123,534 | |
| 8,148 shs Targa Resources | 2021-07-20 | $336,740 | $114,189 | $222,551 | $222,551 | ||
| 1,480 shs Unitedhealth Group | 2016-12-15 | 2021-04-09 | $547,887 | $238,342 | $309,545 | $309,545 | |
| 52,841.476 shs Vanguard Int Tm Inv Gd Adml | 2020-08-13 | 2021-11-18 | $530,000 | $559,292 | -$29,292 | -$29,292 | |
| 2,521.1804 shs Vanguard Int Tm Inv Gd Adml | 2021-12-08 | $25,268 | $26,727 | -$1,459 | -$1,459 | ||
| 1,200 shs Waste Management | 2015-10-05 | 2021-04-09 | $160,893 | $61,758 | $99,135 | $99,135 | |
| 550 shs AON PLC A | 2015-10-05 | 2021-04-09 | $130,313 | $50,339 | $79,974 | $79,974 | |
| 56 shs Atlassian PLC A | 2020-02-10 | 2021-11-22 | $23,903 | $8,501 | $15,402 | $15,402 | |
| 1,914 shs Accenture PLC Ireld CL A | 2021-04-09 | $547,009 | $195,097 | $351,912 | $351,912 | ||
| 722 shs Ashtead Group PLC ADR | 2021-11-22 | $246,545 | $96,197 | $150,348 | $150,348 | ||
| 9,000 shs Clearway Energy C | 2018-03-19 | 2021-11-22 | $347,938 | $128,681 | $219,257 | $219,257 | |
| 187 shs Life Storage | 2018-03-19 | 2021-11-22 | $25,245 | $9,653 | $15,592 | $15,592 | |
| 5,000 shs Oneok | 2020-03-16 | 2021-11-22 | $306,527 | $123,396 | $183,131 | $183,131 | P |
| 1,825 shs Prologis | 2021-11-22 | $272,985 | $93,088 | $179,897 | $179,897 | P | |
| 1,000 shs Simon PPTY Grp | 2020-08-19 | 2021-11-22 | $167,234 | $64,176 | $103,058 | $103,058 | P |
| 2,000 shs Targa Resources | 2020-08-18 | 2021-11-22 | $107,121 | $37,316 | $69,805 | $69,805 | P |
| 300 shs Atlassian PLC A | 2020-03-17 | 2021-11-22 | $128,054 | $37,548 | $90,506 | $90,506 | P |
| Capital Gains Dividends | $2,806 | $2,806 | $2,806 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $5,775,106 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $79,181 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $79,181 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $79,181 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $49,040 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $49,040 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Tax Due | $30,141 | TaxDueAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | PA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | Jim Schafle | IndividualWithBooksNm |
| Phone | 2159635599 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 645 Pineville Road | AddressLine1Txt |
| City | Newtown | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 18940 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (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 |
|---|---|---|---|---|---|---|---|---|
| Joseph L Wesley Sr | ||||||||
| 1600 S Ocean Boulevard PH2 | Pompano Beach | FL | 33062 | Trustee | 1.00 | $0 | $0 | $0 |
| Marion M Wesley | ||||||||
| 1600 S Ocean Boulevard PH2 | Pompano Beach | FL | 33062 | Trustee | 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 |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $1,348,474 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $20,189 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $1,368,663 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $1,368,663 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $20,530 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $1,348,133 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $67,407 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $67,407 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $79,181 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $79,181 | TotalTaxAmt |
| Distributable Before Adj | $0 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $0 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $0 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $9,410,433 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $9,410,433 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $0 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $457,502 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $1,293,103 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $1,354,573 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $1,447,827 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $10,055,516 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $14,608,521 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $9,410,433 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $0 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $9,410,433 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $24,018,954 | 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 | $457,502 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $23,561,452 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $1,293,103 | ExcessFromYear4Amt |
| Excess From Year3 | $1,354,573 | ExcessFromYear3Amt |
| Excess From Year2 | $1,447,827 | ExcessFromYear2Amt |
| Excess From Year1 | $10,055,516 | ExcessFromYear1Amt |
| Excess From Current Year | $9,410,433 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | Joseph L Wesley Sr | ContributingManagerNm |
| Contributing Manager | Marion M Wesley | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (4 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| Jefferson Hospital | ||||||
| 111S 11th Street | Philadelphia | PA | 19107 | PC | General Purpose | $125,000 |
| Scottsdale Christian Academy SCA | ||||||
| 14400 N Tatum Blvd | Phoenix | AZ | 85032 | PC | General Purpose | $56,000 |
| Girls Inc of Greater Philadelphia & South NJ | ||||||
| 1501 Cherry Street | Philadelphia | PA | 19104 | PC | General Purpose | $25,000 |
| Williamson College of the Trades | ||||||
| 106 S New Middletown Road | Media | PA | 19063 | PC | General Purpose | $9,200,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $9,406,000 | 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 | $24,761 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $5,775,106 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $5,799,867 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $5,799,867 | 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 (4 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Noncash ContributionNoncashContributionInd | Person ContributionPersonContributionInd |
|---|---|---|---|---|---|---|---|
| Joseph L Marion M Wesley | |||||||
| 1 | 1500 S Ocean Boulevard PH2 | Pompano Beach | FL | 33062 | $4,490,780 | Yes (X) | |
| Joseph L Marion M Wesley | |||||||
| 2 | 1500 S Ocean Boulevard PH2 | Pompano Beach | FL | 33062 | $2,263,613 | Yes (X) | |
| Joseph L Marion M Wesley | |||||||
| 3 | 1500 S Ocean Boulevard PH2 | Pompano Beach | FL | 33062 | $2,490,104 | Yes (X) | |
| Joseph L Marion M Wesley | |||||||
| 4 | 1500 S Ocean Boulevard PH2 | Pompano Beach | FL | 33062 | $8,866 | Yes (X) | |
Non Cash Property Contribution NonCashPropertyContributionGrp (42 entries)
| ContributorContributorNum | Noncash PropertyNoncashPropertyDesc | Fair Market ValueFairMarketValueAmt | ReceivedReceivedDt |
|---|---|---|---|
| 1 | 1,914 shares Accenture PLC Ireld CL A | $532,073 | 2021-03-30 |
| 1 | 154 shares Alphabet CL A | $315,609 | 2021-03-30 |
| 1 | 550 shares AON PLC CL A | $128,068 | 2021-03-30 |
| 1 | 975 shares Dassault Systens SA ADR | $209,011 | 2021-03-30 |
| 1 | 800 shares Eil Lilly | $148,628 | 2021-03-30 |
| 1 | 300 shares META Platform (Formerly Facebook) | $86,875 | 2021-03-30 |
| 1 | 900 shares Arthur J. Gallagher | $113,459 | 2021-03-30 |
| 1 | 750 shares Home Depot | $227,145 | 2021-03-30 |
| 1 | 1,887 shares Johnson & Johnson | $311,251 | 2021-03-30 |
| 1 | 2,860 shares Lowes Companies | $540,140 | 2021-03-30 |
| 1 | 1,400 shares Republic Services | $141,169 | 2021-03-30 |
| 1 | 2,714 shares Sony Group ADR | $287,765 | 2021-03-30 |
| 1 | 800 shares Stryker | $193,732 | 2021-03-30 |
| 1 | 600 shares Synopsys | $142,104 | 2021-03-30 |
| 1 | 2,652 shares Sysco | $211,404 | 2021-03-30 |
| 1 | 6,000 shares Targa Resources | $190,260 | 2021-03-30 |
| 1 | 1,480 shares Unitedhealth | $556,243 | 2021-03-30 |
| 1 | 1,200 shares Waste Management | $155,844 | 2021-03-30 |
| 2 | 21,648 shares Targa Resources | $906,618 | 2021-07-16 |
| 2 | 5,000 shares Cheniere | $415,975 | 2021-07-16 |
| 2 | 1,075 shares Prologis | $137,406 | 2021-07-16 |
| 2 | 4,666 Brookfield Asset Management A | $233,603 | 2021-07-16 |
| 2 | 3,554 shares Experian PLC ADR | $151,258 | 2021-07-16 |
| 2 | 500 shares Target | $126,228 | 2021-07-16 |
| 2 | 310 shares Eli Lilly | $71,959 | 2021-07-16 |
| 2 | 1,320 shares Marsh & McLennan | $186,259 | 2021-07-16 |
| 2 | 100 shares Meta Platform (Formerly Facebook) | $34,307 | 2021-07-16 |
| 3 | 722 shares Ashtead Group PLC ADR | $246,693 | 2021-11-18 |
| 3 | 356 shares Atlassian | $157,384 | 2021-11-18 |
| 3 | 500 shares Fortinet | $171,117 | 2021-11-18 |
| 3 | 274 shares EPAM Systems | $181,895 | 2021-11-18 |
| 3 | 300 shares Old Dominion Freight | $107,133 | 2021-11-18 |
| 3 | 1,500 shares Oracle | $141,622 | 2021-11-18 |
| 3 | 100 shares Monolithic Power Sys | $56,305 | 2021-11-18 |
| 3 | 250 shares Adobe | $167,704 | 2021-11-18 |
| 3 | 50 shares Intuit | $31,579 | 2021-11-18 |
| 3 | 2,000 Targa Resources | $106,580 | 2021-11-18 |
| 3 | 9,000 shares Clearway Energy | $345,510 | 2021-11-18 |
| 3 | 5,000 shares Oneok | $310,250 | 2021-11-18 |
| 3 | 1,825 shares Prologis | $274,015 | 2021-11-18 |
| 3 | 1,000 Simon Property Group | $167,170 | 2021-11-18 |
| 3 | 187 shares Life Storage | $25,147 | 2021-11-18 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | Vanguard High Yield Corp Adm | StockNm |
| EOY Book Value | $640,621 | EOYBookValueAmt |
| EOYFMV | $641,285 | EOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Morgan Lewis & Bockius | CategoryTxt |
| Legal Fees | $8,673 | LegalFeesAmt |
| Net Investment Income | $4,336 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $4,337 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Miscellaneous Expenses | Desc |
| Revenue And Expenses Per Books | $192 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $96 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $96 | DisbursementsCharitablePrpsAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Rounding | Desc |
| Amt | $3 | Amt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (5 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| PA Bureau of Charitable Organizations | $15 | $15 | $0 |
| United States Treasury - 2019 interest on Excise Tax | $380 | $380 | $0 |
| United States Treasury - 2020 Excise Tax | $49,008 | $49,008 | $0 |
| United States Treasury - 2020 underpayment penalty on Excise Tax | $552 | $552 | $0 |
| United States Treasury - 2021 Estimated Excise Tax | $49,040 | $49,040 | $0 |
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