JAMES J PALLOTTA CHARITABLE TRUST: Form 990PF, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- JAMES J PALLOTTA CHARITABLE TRUST (EIN 22-3208194)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-05-13
- IRS object ID
- 202231339349103253
- 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
- Accounting Fees Schedule
- Depreciation Schedule
- Investments Govt Obligations Sch
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-05-13T12:36:09-05:00 | ReturnTs |
| Tax Period End | 2021-12-31 | 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 | 2021-01-01 | 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 | 2022-05-04 | 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 | 2015515000 | PhoneNum |
| Preparation | 2022-05-04 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| 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 | $9,088,980 | 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 | $774,649 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $1,153 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $1,153 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $497 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $497 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $788,574 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $845,351 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $788,574 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $558 | OtherIncomeRevAndExpnssAmt |
| Total Rev And Expnss | $1,565,431 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $790,224 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Accounting Fees Rev And Expnss | $5,000 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $5,000 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $218,910 | TaxesRevAndExpnssAmt |
| Other Expenses Rev And Expnss | $1,000 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Dsbrs Chrtbl | $1,000 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $224,910 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $0 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $6,000 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $4,793,314 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $4,772,814 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $5,018,224 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $0 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $4,778,814 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$3,452,793 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $790,224 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $9,792,370 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $5,626,705 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $5,626,705 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $3,462,275 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $3,462,275 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $3,462,275 | USGovtObligationsEOYFMVAmt |
| Total Assets BOY | $13,254,645 | TotalAssetsBOYAmt |
| Total Assets EOY | $9,088,980 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $9,088,980 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $13,254,645 | RetainedEarningBOYAmt |
| Retained Earning EOY | $9,088,980 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $13,254,645 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $9,088,980 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $13,254,645 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $9,088,980 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $13,254,645 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$3,452,793 | ExcessRevenueOverExpensesAmt |
| Subtotal | $9,801,852 | SubtotalAmt |
| Other Decreases | $712,872 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $9,088,980 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (4 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| 1,003 SHS BIGCOMMERCE HOLDINGS, INC. | D | 2021-09-30 | 2021-10-04 | $51,092 | $3,009 | $48,083 | $48,083 |
| 64,232 SHS BARK, INC. | D | 2021-09-02 | 2021-09-07 | $531,711 | $14,773 | $516,938 | $516,938 |
| 3,413 SHS SMART GLOBAL HOLDINGS, INC. | D | 2021-09-02 | 2021-09-07 | $164,711 | $37,067 | $127,644 | $127,644 |
| 582 SHS AIRBNB, INC. | D | 2021-09-30 | 2021-10-04 | $97,837 | $1,928 | $95,909 | $95,909 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $788,574 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $10,984 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $10,984 | SubtotalAmt |
| Tax Based On Investment Income | $10,984 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $12,000 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Total Payments And Credits | $12,000 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $11 | EsPenaltyAmt |
| Overpayment | $1,005 | OverpaymentAmt |
| Applied To ES Tax | $1,005 | 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 | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| 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 | $3,473,692 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $8,760,557 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $12,234,249 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $12,234,249 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $183,514 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $12,050,735 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $602,537 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $602,537 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $10,984 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $10,984 | TotalTaxAmt |
| Distributable Before Adj | $591,553 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $558 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $592,111 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $592,111 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $4,778,814 | 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 | $4,778,814 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $592,111 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Prior Year1 | 2019 | PriorYear1Yr |
| Prior Year2 | 2018 | PriorYear2Yr |
| Prior Year3 | 2017 | PriorYear3Yr |
| Excess Distribution Cyov Yr2 | $0 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $2,015,889 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $2,015,889 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $4,778,814 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Current Year | $592,111 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $4,186,703 | RemainingDistriFromCorpusAmt |
| Total Corpus | $6,202,592 | TotalCorpusAmt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $6,202,592 | ExcessDistriCyovToNextYrAmt |
| Excess From Year2 | $0 | ExcessFromYear2Amt |
| Excess From Year1 | $2,015,889 | ExcessFromYear1Amt |
| Excess From Current Year | $4,186,703 | 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 (21 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|
| SANTE FE INSTITUTE | ||||||||
| 1399 HYDE PARK ROAD | SANTA FE | NM | 87501 | NONE | PC | Multidisciplinary study of the fundamental principles of complex adaptive systems, including physical, computational, biological, and social systems. | $1,250,000 | |
| 3POINT FOUNDATION | ||||||||
| 1270 SOLDIERS FIELD ROAD | BOSTON | MA | 02135 | NONE | PC | Seek to close the opportunity and achievement gap caused by economic inequality for underserved, low-income Boston elementary and middle school youth by providing free community-based programs that integrate project-based learning, athletics, dance, and other activities to foster the development of 21st century skills, social-emotional growth, and a growth mindset - all of which are crucial to future success | $25,000 | |
| CAROLINA ART ASSOCIATION | ||||||||
| 135 MEETING STREET | CHARLESTON | SC | 29401 | NONE | PC | Cultivation of the arts and art education. | $350,000 | |
| THE MICHAEL J FOX FOUNDATION | ||||||||
| GRAND CENTRAL STATION | NEW YORK | NY | 10163 | NONE | PC | Seeks a cure for Parkinson's disease. | $400,000 | POST OFFICE BOX 4777 |
| MOTHER CAROLINE ACADEMY | ||||||||
| 515 Blue Hill Avenue | Boston | MA | 02121 | NONE | PC | General Purpose | $25,000 | |
| NORTH END ATHLETIC ASSOCIATION | ||||||||
| 154 Salem Street | Boston | MA | 02113 | NONE | PC | General Purpose | $25,000 | |
| MASSACHUSETTS FALLEN HEROES | ||||||||
| 101-105 Northern Ave | Boston | MA | 02210 | NONE | PC | General Purpose | $20,000 | |
| COMMUNITY-POLICE RELATIONS FOUNDATION | ||||||||
| 1510 NE 131 Street | North Miami | FL | 33161 | NONE | PC | General Purpose | $100,000 | |
| WEST PALM GOLF COMMUNITY TRUST INC | ||||||||
| 3535 MILITARY TRAIL | JUPITER | FL | 33458 | NONE | PC | General Purpose | $500,000 | |
| BOSTON CHILDREN'S HOSPITAL TRUST | ||||||||
| 401 Park Drive Suite 602 | Boston | MA | 02115 | NONE | PC | General Purpose | $250,000 | |
| TEAM IMPACT | ||||||||
| 500 Victory Rd 3rd Floor | Quincy | MA | 02171 | None | PC | General Purpose | $50,000 | |
| NANTUCKET BOYS & GIRLS CLUB | ||||||||
| 61 Sparks Ave | Nantucket | MA | 02554 | None | PC | General Purpose | $150,000 | |
| NANTUCKET GOLF CLUB FOUNDATION INC | ||||||||
| 250 Milestone Road PO Box 313 | Siasconset | MA | 02564 | NONE | PC | General Purpose | $101,000 | |
| FOLDS OF HONOR PALMETTO STATE CHAPTER | ||||||||
| 2607 Woodruff Road Suite 343 | Simpsonville | SC | 29681 | NONE | PC | General Purpose | $100,000 | |
| THE BUONICONTI FUND TO CURE PARALYSIS | ||||||||
| 1095 NW 14 Ave | Miami | FL | 33136 | NONE | PC | General Purpose | $25,000 | |
| THE WORKER BEE FUND | ||||||||
| 67B North Mast St | Goffstown | NH | 03045 | NONE | PC | General Purpose | $16,814 | |
| GIBBES MUSEUM OF ART | ||||||||
| 135 Meeting St | Charleston | SC | 29401 | NONE | PC | General Purpose | $35,000 | |
| ROBIN HOOD FOUNDATION | ||||||||
| 826 Broadway 9th Floor | New York | NY | 10003 | NONE | PC | General Purpose | $1,000,000 | |
| COACHES FOR CHARACTER | ||||||||
| 411 Rivers Edge No814 | Greenville | SC | 29601 | NONE | PC | General Purpose | $50,000 | |
| MCP EMERGENCY EMPLOYEE Relief Fund Inc | ||||||||
| 126 Seven Farms DR Suite 110 | Daniel Island | SC | 294928143 | NONE | PC | General Purpose | $200,000 | |
| YEAR UP | ||||||||
| 45 Milk St 9th Floor | Boston | MA | 02109 | NONE | PC | General Purpose | $100,000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $4,772,814 | 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 | $1,153 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $497 | 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 | $788,574 | 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 | OTHER INCOME | Desc |
| Exclusion | 01 | ExclusionCd |
| Exclusion | $558 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $790,782 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $790,782 | 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 | $774,649 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
| Noncash Contribution | Yes (X) | NoncashContributionInd |
Non Cash Property Contribution NonCashPropertyContributionGrp (4 entries)
| ContributorContributorNum | Noncash PropertyNoncashPropertyDesc | Fair Market ValueFairMarketValueAmt | ReceivedReceivedDt |
|---|---|---|---|
| 1 | 64,232 SHS Original Bark Co | $537,943 | 2021-09-02 |
| 1 | 3,413 SHS Smart Global Holdings | $82,304 | 2021-09-02 |
| 1 | 582 SHS AIRBNB INC | $97,546 | 2021-09-30 |
| 1 | 1,003 SHS Big Comm Holdings Inc | $51,855 | 2021-09-30 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $5,000 | Amt |
| Disbursements Charitable Prps | $5,000 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $3,462,275 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $3,462,275 | USGovtObligationsEOYFMVAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CONTRIBUTED STOCK - DIFF OF FMV AND COST | Desc |
| Amt | $712,872 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MASSACHUSETTS FILING FEE | Desc |
| Revenue And Expenses Per Books | $1,000 | RevenueAndExpensesPerBooksAmt |
| Disbursements Charitable Prps | $1,000 | DisbursementsCharitablePrpsAmt |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Other Income | Desc |
| Revenue And Expenses Per Books | $558 | RevenueAndExpensesPerBooksAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt |
|---|---|
| 2020 FED BALANCE DUE | $206,910 |
| 2021 FED ESTIMATE TAX | $12,000 |
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